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Name:   Talullahhound - Email Member
Subject:   Comment by Bush
Date:   11/3/2010 8:17:25 PM

As part of his promotion for his upcoming book, Bush was interviewed by Matt Lauer.  I understand that the full interview will air next Monday or Tuesday in the evening. 
Tonight they aired a preview.  Bush said that he still felt the TARP was necessary and that given the same circumstances he would make the same decision again.  I think  a lot of people forget that the TARP was a Bush Administration decision.  I"m not making a value judgement about the decision.. Just saying. 

I'm looking forward to reading Bush's book.  It's called Decision Points, and rather than reguritate his entire Presidency, he discusses differnt things that happened in his life and in his Presidency and his decisions about it.  I have to say that I have been impressed by Bush since he left office, and I prefer his model over the Clinton model.    There is something to be said that he has not tried to publiclly defend his Presidency, nor has he taken pot shots at the current Administration. 

And BTW, a small blip I read about the book said that he considered dumping Cheney for his second term. 




Name:   water_watcher - Email Member
Subject:   Comment by Bush
Date:   11/4/2010 4:41:21 AM

I was a supporter of TARP for its intended purpose. I am fairly close to the banking industry and it did prevent a meltdown. I believe the tax payers would get back all if not more money after things settled down. It appears now for the banks that is the case. The way i looked at it was that it was worth a try, if it failed it did not matter anyway, since our whole economy would collapse. What i did not agree with on TARP was Obama using it as his slush fund and using it buy and give away interest in GM to the unions. Then wanting to use the returned money for other purposes ... TARP was intended to be a stop gap program, then the money returned to treasury. I also look forward to reading his book ... I feel Bush had more difficult decisions to make in his administration than any other recent presidents. I feel he was a true leader, made them, took responsibility and blamed no one else for the problems he had to deal with. I still think as history is written, he will be one of our greatest presidents. I wonder when Obama is out of office he will follow Carters style of being critical of the then sitting president. You have never heard bush criticize any past or sitting president. It is not becoming of the office he held.



Name:   MartiniMan - Email Member
Subject:   Comment by Bush
Date:   11/4/2010 8:47:16 AM

I too am looking forward to the read.  Hope it is available in Kindle right away.  We will see how the snippets like dumping Cheney actually turn out when we read it.  I can't imagine looking at the quality of VPs over the last 30-40 years that there have been many who haven't thought that going into the second term.  Given the lack of dumping VPs it seems obvious there is more risk than potential reward.



Name:   Talullahhound - Email Member
Subject:   Comment by Bush
Date:   11/4/2010 8:49:35 AM


I think it depends what happens during his Administration.  But, either way, he'll be a young man when he is out of office.  I don't see him as someone who will be an outspoken critic of future Administrations.  I think he is more likely to write books or perhaps start a think tank under the guise of his Presidential library.  But, time will tell. 



Name:   lotowner - Email Member
Subject:   Comment by Bush
Date:   11/4/2010 9:04:13 AM

I am so glad that Bush had Cheney rather than a Joe Biden or an Al Gore. Be thankful that Al Gore did not make it to the Presidency. But again, had he made it, Obama would not have happened in 2008. Which one would have done more damage?



Name:   Council Roc Doc - Email Member
Subject:   Comment by Rush
Date:   11/4/2010 11:38:14 AM

… Jake Tapper, ABC, asked Obama about the compromise that he might make on extending the Bush tax cuts. Right now, of course, the tax cuts will eliminate, stop for everybody, $250,000 or more, and maybe everybody’s taxes will be raised. But believe me, there’s no tax cuts on the table. And Jake Tappersaid, (paraphrasing) “Would you compromise and say people who make a million dollars a year will not see their tax decrease, tax cut sunsetted?”

And I started thinking, where’s all this talk of rich equaling $250,000 a year, a million a year, where does all this start? What right does Obama have to sit there and proclaim that people who earn X are gonna be punished with Y, people who earn less than X won’t be punished with Y?

Do you notice how easy it is to fall into the premise trap that the left sets? Looked at within the prism of liberty and freedom, as our founding documents spell out—the Declaration, the Constitution—in nowhere in any of our founding documents was it ever said that people earning X would be punished for it. It was never said in our founding documents that people earning X would share a greater burden of funding the government than people who didn’t.

Where does all this talk start? Because all this is nothing more than a direct attack on liberty, a direct attack on freedom and it creates class envy and resentment and anger between the classes, between people of different income groups.

So all of a sudden we’re faced with a possibility here of the Bush tax cuts ending for people who earn $250,000 a year or more. Well, why are we even discussing it in the first place? What did those people do? What is the magic? Who sets arbitrarily this figure of $250,000 a year? Why are they targeted?

And look how easily people fall into the trap of debating the premise, when the real question is when is the federal government going to assume responsibility for the deficit spending, for the irresponsible position they put this country in? When are they going to be forced to reduce the behavior, to limit the behavior they are engaging in that is causing a usurpation of our liberty and freedom? The question is not: Should people who make $250,000 or $500,000 or one million for some reason pay a higher burden of supporting the folly and the irresponsibility of people like Barack Obama and most people in government?

Why are we even debating the premise if we really believe in liberty, if we really believe in freedom? Why do we acknowledge a premise that states: The successful are gonna get punished, the successful are gonna pay the price? Where is it written that the people who create the problem get to demand that people who had nothing to do with creating the problem solve it, but first get blamed for it, because that’s really what’s happening here. People who are making $250,000 or $500,000 or a million, according to people like Barack Obama, and in fact most people in Washington, are somehow to blame for our deficit, somehow to blame for this out-of-control spending, somehow to blame for this generational theft.

What did they do? What did the people earning $250,000 do to create this problem? What did the people who earn a million dollars do to create the problem? What did the people who earn $500,000 a year do? What have they done that resulted in this irresponsibility in Washington? Nothing! The people who earn $250 or 500,000 or a million are in fact the people who are investing in this country and the private sector hiring other people, producing products and services that allow for the country’s economy to grow and for people to have jobs and to earn higher wages!

The federal government, the state government cannot and does not create wealth. All it can do is destroy it. All it can do is confiscate it. And what we’re doing is discussing the proper level of servitude. What is your price? What are you going to have to pay for the irresponsibility and for the misnamed, the maligned, the stupid, and the incorrect policies of liberals like Barack Obama? What level of servitude will you have to bear the responsibility for something you had nothing to do with? At what level are we going to proclaim: You are more guilty than another citizen based on how much you earn? Where in our founding documents, where in Natural Law, where in the Constitution are these principles written?

So when Jake Tapper stands up, “Are you willing to compromise, Mr. President? Are you willing to compromise, maybe go $500,000 a year they get to keep the Bush tax cut, maybe a million?” And Obama, as the all-knowing, the all-whatever, “Yeah, I’ll think about it,” as though he has any right to. Who is Barack Obama to be able to say that any citizen in this country has to pay more to support his mistakes because of what they earn. And why do so many of us fall into the trap of thinking: Yeah, that’s fair? Why are so many people willing—accidentally, purposefully—to squander and give up their liberty and freedom so that they do not have to feel the guilt?

What is the price of your freedom? You know, it used to be that Americans would give up their lives before they would give up their freedom. Americans would give up their lives before other people would have to give up their freedom. Americans would give their lives so that others might be free.

Now, who made Barack Obama or Nancy Pelosi or Harry Reid or any Democrat, I don’t care, any Democrat, who made them the decider on what anybody should make and then what level of taxation they should pay?

Who made them the deciders on what we should eat?

Who made them the decider of what kind of lightbulbs we have in our homes?

Who made them the deciders on the kind of car we should drive?

Who made them the deciders on what kinda house we live in?

Who made them the deciders of when and where we can and can’t turn our lights on?

Who made them the deciders of who loses how much of their freedom?

Who gave them that power? It doesn’t come from the Constitution! The Constitution does not say the Democrat Party gets to decide which car people drive, which lightbulb they have, what foods they can and can’t eat, and what lights they can’t turn off or on at what time of year. The Constitution does not say that the Democrat Party gets to decide any of this. The Constitution does not envision this kind of usurpation of freedom. The Constitution does not envision nor allow for this kind of invasion of private property rights or overall liberty or freedom. It has to have been a political party looking at the Constitution and being unhappy with what it says, ignoring it in order to implement their policy.

So now we have a guy who is the least qualified in any room he walks into being aske



Name:   GoneFishin - Email Member
Subject:   Comment by Rush
Date:   11/4/2010 12:34:53 PM

"Where does all this talk start? Because all this is nothing more than a direct attack on liberty, a direct attack on freedom and it creates class envy and resentment and anger between the classes, between people of different income groups. So all of a sudden we’re faced with a possibility here of the Bush tax cuts ending for people who earn $250,000 a year or more. Well, why are we even discussing it in the first place? What did those people do? What is the magic? Who sets arbitrarily this figure of $250,000 a year? Why are they targeted? " It is really just a reset of the marginal tax rates and one may agree or disagree. He seems to forget that we have a progressive tax now that we have lived with for many years. The marginal rate and income levels can be adjusted by congress. The increase in marginal tax over $250,000 is no more a direct attack on liberty than the Bush tax cut was some great mission on behalf of liberty. What we need is a flat tax with an earned income refund for those below a specfic level of income and do away with most deductions.



Name:   water_watcher - Email Member
Subject:   Comment by Rush
Date:   11/4/2010 2:54:14 PM

while we don't always agree ... well rarely agree :) .... I at least agree with your last sentence. I do think it is outrageous that they are even talking about not extending all the tax cuts at least another year or two while the economy is still fragile and so many people unemployed ... make it two and the next :) president and congress can deal with it. what did those making over $250 do wrong that they should be penalized when 92% of the taxes paid are in the top 5% already. It is not like they do not already pay their fair share. I ask the question all the time ... what percent of the taxes should the top 5% income earners pay .... typically I will get an answer like 25%. no one realizes the amount they pay already so others don't have to. they are the job creators and the risk takers .... why would we want to penalize them further and run the risk they do not take risks and create jobs or move to their residency to another country as businesses do to escape our high taxes.



Name:   Council Roc Doc - Email Member
Subject:   Comment by Rush
Date:   11/4/2010 3:30:17 PM

Is it not an attack on liberty and freedom that you and I work, sacrifice, budget, in order to pay our overbearing portion of taxes while there are those who make a standard living, have a big screen HD, own a car or two, own a home and yet not only have NO federal or state tax burden, but get a refund in the form of the EITC.  I concur with the flat tax and I wish that the Tea Party had campaigned hard on reforming the tax code.



Name:   Summer Lover - Email Member
Subject:   It is called fair...
Date:   11/4/2010 3:37:50 PM

Just kidding, my Dad always said fair was where you go to ride the ponies. The entitlement/redistribution crowd has not learned that when we reach the point at which we feel that we are not controlling enough of our earnings to justify our work/risk/responsibility; we will simply get in the line with OUR hands out.



Name:   GoneFishin - Email Member
Subject:   Comments By Rush
Date:   11/4/2010 4:34:56 PM

Talking about freedom and liberty, I wonder how many of our fine young men and woman serving in the military grew up in families who received EITC compared to those who come from families that earned $250,000 or more? Some sacrifice by paying taxes and others with their lives.



Name:   Summer Lover - Email Member
Subject:   Comments By Rush
Date:   11/4/2010 4:49:04 PM

It has been several years since I had seen the stats, but from what I remember, the lower income districts were under-represented compared to the higher income areas. I am sure that we will learn more....



Name:   Council Roc Doc - Email Member
Subject:   Comments By Rush
Date:   11/4/2010 5:35:40 PM

I think this link will assist you in the answer to this question.  Basically, the conclusion is that our military demographic mimics the population at large. 

http://www.heritage.org/Issues/National-Security-and-Defense



Name:   Council Roc Doc - Email Member
Subject:   Comments By Rush
Date:   11/4/2010 5:39:51 PM

This is a more accurate link.

URL: http://www.heritage.org/research/reports/2005/11/who-bears-the-burden-demographic-characteristics-of-us-military-recruits-before-and-after-9-11

Name:   4691 - Email Member
Subject:   Comment by Rush
Date:   11/5/2010 7:30:28 AM

"Now, who made Barack Obama or Nancy Pelosi or Harry Reid or any Democrat, I don’t care, any Democrat, who made them the decider on what anybody should make and then what level of taxation they should pay? - Rush"

It is this kind of stupid rant that will alienate the middle once again in 2 years and assure us 4 more years of Obama and maybe a democratic house and senate.  The current president and congress were elected 2 years ago by the American people and they do have the legal right to set taxes.  Why can’t the conservatives see the big picture?   Cut spending!!!!  Focus on the middle-class!!!  That’s it.  That will get more republicans in office in 2 years.  And then, the republicans can set the tax rates as they see fit. 





Name:   MartiniMan - Email Member
Subject:   I think you are missing his point
Date:   11/6/2010 10:00:30 AM

So let me elaborate because I completely agree with Rush on this.  What Dems do is use class envy to justify progressive taxation.  Progressive meaning the more you make the higher the percentage you pay.  So, using their class envy argument they claim everyone who makes more than $250,000 (or $200,000 or $75,000 or whatever the latest majic number is) is "rich" and should therefore pay more in taxes as a percentage of what they earn.  His point is who are Obama/Reid/Pelosi to establish who is rich and who has to pay more according to their class envy argument?  He is not arguing they don't have the power or position to set the level of taxation but they don't have the moral authority to decide who is rich and who is not and therefore who should pay more in taxes on a percentage basis and who should pay less.  If you had the entire context of this comment you would understand his point as I heard this segment and I am quite certain based on the recent election that the middle actually gets this if they were told the context of the statement instead of the government media cherry picking and misrepresenting.

And I completely agree with him.  Having just spent $500 for one night in a hotel room in NYC (and nothing fancy I can assure you.....a Marriott) and $26 for a hamburger I can assure you that someone that lives in Manhatten and makes $250,000 per year isn't rich.  Same goes for San Francisco and many other places. 





Name:   4691 - Email Member
Subject:   I think you are missing his point
Date:   11/6/2010 2:18:07 PM

I understand and I agree with the ideology of the Rush text.  And I'd prefer that taxes were not increased for any indviduals and lowered for small business.  But politics is a numbers game.  And I think there is more lost than gained IF the Republicans allow the Bush tax cuts to expire resulting in a tax increase for everyone because they refuse to compromise in an effort to protect the top 2%.  People vote their pocketbook, and there are many more pocketbooks making less than $250K per year.



Name:   MartiniMan - Email Member
Subject:   I think you are missing his point
Date:   11/7/2010 8:28:59 AM

Well lets hope it doesn't come to that because if they don't extend the tax cuts for everyone then those in the upper 2% who create the vast majority of new jobs will not do so because of the ongoing uncertainty, not to mention less cash in their small business to invest in new jobs.  

The sad reality is we are talking about the wrong thing. The way to get the deficits under control is not by increasing the taxes on anyone, which is self defeating, it is to cut government spending.  That's what we should be talking about.  Extending the tax cuts to everyone will actually increase revenue to the treasury.  It always has and it always will.  But it can't even begin to keep up with the spending.  That's where we need to focus our energy and attention.







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