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Lasher

(29,567 posts)

24. There is plenty to go around, it's just a matter of priorities.

Mon Jul 22, 2013, 04:20 PM

Jul 2013

You want to know where I would like the money to go? I would like it to go to the underfunded pension plan so that we don't betray Detroit's retired civil servants.

You say the rich don't have $18B to tax. That's just ridiculous. The Bush tax cuts for the wealthiest 5% alone cost us almost $1T during the first 10 years. Obama's 2 year extension from 2011 to 2012 cost another $229B. A proposed 2013 - 2021 extension would cost another $2T.

And what of the Bush/Obama endless wars? The cost of involvement in Iraq and Afghanistan has cost us $1.5T since 2001, and that doesn't take into account the rest of the ridiculously overfunded Pentagon budget.

I don't think my priorities bear much resemblance to yours.

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Cries of Betrayal as Detroit Plans to Cut Pensions [View all] Lasher Jul 2013 OP

so goeth Detroit, so goeth the nation Skittles Jul 2013 #1

These pensions are even particularly significant Major Nikon Jul 2013 #3

+1 nt Live and Learn Jul 2013 #4

Plus the very little they had to contribute to Political Parties is no longer available Bandit Jul 2013 #17

There'll be something. Igel Jul 2013 #19

Exactly. We're screwed. Squinch Jul 2013 #6

Sell off the rest Lonr Jul 2013 #2

"It's about better services to citizens again. It's about accountable government." ReRe Jul 2013 #5

Yeah where is that? abelenkpe Jul 2013 #9

You said it. daleo Jul 2013 #48

"It's theft. Period." woo me with science Jul 2013 #41

Don't want to be too blunt on some DUers sensibilities, but.... ReRe Jul 2013 #42

"They want more for themselves and less for everyone else,." Civilization2 Jul 2013 #7

It's about delusional thinking coming home to bite people cap Jul 2013 #8

Well we can rest assured cvoogt Jul 2013 #10

But they are still trying to proceed. Lasher Jul 2013 #11

This is federal bankruptcy law. former9thward Jul 2013 #12

I had failed to grasp that aspect. Lasher Jul 2013 #13

I'm sure there will be multiple challenges. former9thward Jul 2013 #16

Actually, the US Supreme Court has ruled otherwised happyslug Jul 2013 #20

Ok, we will see how it plays out. former9thward Jul 2013 #23

When California was in a fiscal crisis warrior1 Jul 2013 #14

But Michigan has a Republican Governor. Lasher Jul 2013 #15

You are welcome to think that Big_Mike Jul 2013 #47

Where would you like the money to go? Dreamer Tatum Jul 2013 #18

Corporation's are offshoring trillions. xtraxritical Jul 2013 #21

In other words, you have nothing. nt Dreamer Tatum Jul 2013 #22

What are you smoking? Trillions going offshore isn't nothing. snagglepuss Jul 2013 #26

Show me how you plan to take a dollar, let alone trillions, from offshore Dreamer Tatum Jul 2013 #27

Working from the book, eh? woo me with science Jul 2013 #37

Thank the fuck Christ you're not in charge of anything! Dreamer Tatum Jul 2013 #38

I wish could recommend this post. Bravo! neverforget Jul 2013 #46

Start reading the literature on capital flight cap Jul 2013 #39

If you offshore, no more tax cuts, nothing of the US adigal Jul 2013 #44

There is plenty to go around, it's just a matter of priorities. Lasher Jul 2013 #24

So you'd take all foregone revenue for the US Treasury Dreamer Tatum Jul 2013 #28

I think it's pretty clear that all that wasted revenue is not needed in Detroit. Lasher Jul 2013 #34

That was the Bush endless war or nearly endless. cstanleytech Jul 2013 #31

Wow. You guys don't even pretend anymore, do you. nt woo me with science Jul 2013 #25

Pretend to what, not ridicule stupid ideas? No, I don't. Dreamer Tatum Jul 2013 #29

Wow. Just wow. woo me with science Jul 2013 #32

Got it. A few people have a lot of money. Yawn. Dreamer Tatum Jul 2013 #33

What an absurd post. woo me with science Jul 2013 #35

Yup. Thought so. nt Dreamer Tatum Jul 2013 #36

We did have a 90% tax rate after WWII cap Jul 2013 #40

Isnt it time that pensions be severed? cstanleytech Jul 2013 #30

simple solution..Detroit should copy the actions of cities quadrature Jul 2013 #43

What those who attack public employee pensions don't tell you KamaAina Jul 2013 #45

+ a gazillion n/t Scout Jul 2013 #49