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Warren Buffet- Federal Deficit

by , Posted to on 07/22/2011 01:55 AM | "Quote" | "Quick Reply" |

Joined: 09/27/2010
Location: ND
 July 8th 2011 interview,

“I could end the deficit in 5 minutes. You just pass a law that says that anytime there is a deficit of more than 3% of GDP all sitting members of congress are ineligible for reelection.”

Best quote I have seen in some time.
Re: Warren Buffet- Federal Deficit
by on 07/22/2011 04:46 AM | Reply #1 | "Quote" | "Quick Reply" |

Joined: 05/24/2002
Location: ND

Funny, how the people who are suppose to represent the people have little in common with the people...

... I remember when public service meant making the hard decisions for the people and if you can't do that then why are you there?

A great quote I heard was from Gov. Christy... My mom told me when I was young that if you have the choice to be liked or respected you choose respected because even people who don't like you can respect you.

Both parties are holding the economy hostage because they have forgotten that they are suppose to represent all people in their districts... children, young adults,elderly... rich,middle class, poor... republican & democrat... God help us.

I am tired of hearing how no one can touch entitlement programs... if our elected leaders would worry less about offending the largest voting population (55-75) in the US and more about the solvency of Nation they would make the hard decisions that need to be made.

I ask has there been a generation in the United States that has been more fortunate than todays baby boomers? any generation that has recieved more benefit and wealth?

I respect the work they did and the sacrifices that many have made but I also think it is time to acknowledge the fact that today's entitlements are unsustainable and will be such a weight on my generation and my children's generation that it will stifle quality of life and economic vitallity.

Why is it that I know that my comments will stir the hornets nest... the fact that we can not have a civil and fact based conversation about this topic is a testament to the madness that has gripped this country in the name of entitlement.



 

Re: Warren Buffet- Federal Deficit
by on 07/22/2011 06:48 AM | Reply #2 | "Quote" | "Quick Reply" |

Joined: 01/09/2002
Location: ND
marauder,

You are 100% safe from getting any flack from me!
“Sometimes I wonder whether the world is being run by smart people who are putting us on or by imbeciles who really mean it.” ~ Mark Twain
Re: Warren Buffet- Federal Deficit
by on 07/22/2011 07:03 AM | Reply #3 | "Quote" | "Quick Reply" |

Joined: 05/04/2007
Location: ND
Amen boys.

How smart was Ben Franklin? (though some say this quote is not his)
"When the people find that they can vote themselves money, that will herald the end of the republic."

TERM LIMITS!!!!
YETI. Wildly Stronger, Keeps Ice Longer
Re: Warren Buffet- Federal Deficit
by on 07/22/2011 07:13 AM | Reply #4 | "Quote" | "Quick Reply" |

Joined: 01/08/2004
Location: ND
 I agree with most maur but I think the rep are doing what we elected them to do or 8/2 would not be a hot topic right now.
IT IS BETTER TO ASK FOR FORGIVENESS THAN ASK FOR PERMISSION!!!!!!!!!!!!!!!
Re: Warren Buffet- Federal Deficit
by on 07/22/2011 08:58 AM | Reply #5 | "Quote" | "Quick Reply" |

Joined: 11/21/2005
Location: ND
marauder29 Said:

Funny, how the people who are suppose to represent the people have little in common with the people...

... I remember when public service meant making the hard decisions for the people and if you can't do that then why are you there?

A great quote I heard was from Gov. Christy... My mom told me when I was young that if you have the choice to be liked or respected you choose respected because even people who don't like you can respect you.

Both parties are holding the economy hostage because they have forgotten that they are suppose to represent all people in their districts... children, young adults,elderly... rich,middle class, poor... republican & democrat... God help us.

I am tired of hearing how no one can touch entitlement programs... if our elected leaders would worry less about offending the largest voting population (55-75) in the US and more about the solvency of Nation they would make the hard decisions that need to be made.

I ask has there been a generation in the United States that has been more fortunate than todays baby boomers? any generation that has recieved more benefit and wealth?

I respect the work they did and the sacrifices that many have made but I also think it is time to acknowledge the fact that today's entitlements are unsustainable and will be such a weight on my generation and my children's generation that it will stifle quality of life and economic vitallity.

Why is it that I know that my comments will stir the hornets nest... the fact that we can not have a civil and fact based conversation about this topic is a testament to the madness that has gripped this country in the name of entitlement.



 

I agree with a lot of what you say. MOST of the baby boomers did get hand me downs from their parents the same as the generation below the baby boomers will get  and then all goes to hell hen the generation who wear their pants half off their ass take over 
one of the biggest problems is the younger generation doesn't have to work for money they just ask mom and dad.
I have never understood why a kid thinks they deserve allowance per week without doing anything. I know some parents who give the kid 50.00 per week and the kid does nothing but run all over he doesn't mow the grass but I don't know whaat goes on behind closed doors

The best democrat platform a Republican can stand on it a manure pile

drug test everyone on welfare

have an open season on molesters

Re: Warren Buffet- Federal Deficit
by on 07/22/2011 09:54 AM | Reply #6 | "Quote" | "Quick Reply" |

Joined: 09/11/2009
Location: nd
As a baby boomer somehow I think I might of missed out on something.
The hand outs, I guess I got a lot including a college education.
It has been good and in whatever times it is good.
I do have great memories and have it a lot better than many. 
However as I compare to what my parents had, gave me and my brothers and sister, ect.  I can say financially, no I do not have it better than they were.
Yes they were young in the 20's, seen the 30's and the war years were good to them.  Yes they work hard from before sunrise to after sunset.  Started with horses and not a tractor.  And we had every kind of animal on the farm, butcher our own and rasied the garden.  The story can go on.  And I was there when the work was being done.
And it has been good for me, my wife and the raising of our five children. Have I gave to my children what my parents gave me? No, hell dad gave me my first car when I was 12.  They worked hard for what they had and so have I.
It does hurt when I am told I have had it too good and now need to give up what I work for.  Bull crap. 
I was not part of the me generation.  Missed out on the free love along with the drugs.  Served my time in nam.  I did not create this mess and in my opinion you need to let it go broke to correct itself.  I can live with that and my kids can start over like my parents did. 
What was handled down was a way of life on how to live it.  I tried to do the same for my kids.  The free rides were not a part of my world. 
db
 
Re: Warren Buffet- Federal Deficit
by on 07/22/2011 10:10 AM | Reply #7 | "Quote" | "Quick Reply" |

Joined: 09/27/2010
Location: ND
 
marksman Said:
marauder29 Said:

Funny, how the people who are suppose to represent the people have little in common with the people...

... I remember when public service meant making the hard decisions for the people and if you can't do that then why are you there?

A great quote I heard was from Gov. Christy... My mom told me when I was young that if you have the choice to be liked or respected you choose respected because even people who don't like you can respect you.

Both parties are holding the economy hostage because they have forgotten that they are suppose to represent all people in their districts... children, young adults,elderly... rich,middle class, poor... republican & democrat... God help us.

I am tired of hearing how no one can touch entitlement programs... if our elected leaders would worry less about offending the largest voting population (55-75) in the US and more about the solvency of Nation they would make the hard decisions that need to be made.

I ask has there been a generation in the United States that has been more fortunate than todays baby boomers? any generation that has recieved more benefit and wealth?

I respect the work they did and the sacrifices that many have made but I also think it is time to acknowledge the fact that today's entitlements are unsustainable and will be such a weight on my generation and my children's generation that it will stifle quality of life and economic vitallity.

Why is it that I know that my comments will stir the hornets nest... the fact that we can not have a civil and fact based conversation about this topic is a testament to the madness that has gripped this country in the name of entitlement.



 

I agree with a lot of what you say. MOST of the baby boomers did get hand me downs from their parents the same as the generation below the baby boomers will get  and then all goes to hell hen the generation who wear their pants half off their ass take over 
one of the biggest problems is the younger generation doesn't have to work for money they just ask mom and dad.
I have never understood why a kid thinks they deserve allowance per week without doing anything. I know some parents who give the kid 50.00 per week and the kid does nothing but run all over he doesn't mow the grass but I don't know whaat goes on behind closed doors
Dont' kid yourself. Almost everyone who has something today does so because their parents gave them something.  They belong to the "lucky sperm club", as do I. 

Re: Warren Buffet- Federal Deficit
by on 07/22/2011 10:26 AM | Reply #8 | "Quote" | "Quick Reply" |

Joined: 02/09/2003
Location: ND
I know many people right now who sitting real pretty and most of them were born into it.

Hunt Hard and NEVER GIVE UP

Re: Warren Buffet- Federal Deficit
by on 07/22/2011 10:28 AM | Reply #9 | "Quote" | "Quick Reply" |

Joined: 09/27/2010
Location: ND
 
buckmaster81 Said:
I know many people right now who sitting real pretty and most of them were born into it.

That's good that they were able to do that. 
Re: Warren Buffet- Federal Deficit
by on 07/22/2011 10:56 AM | Reply #10 | "Quote" | "Quick Reply" |

Joined: 05/24/2008
Location: Mo
buckmaster81 Said:
I know many people right now who sitting real pretty and most of them were born into it.

There are some who had less than nothing to start with and now have some money!

There a lot of people walking around who have had a lot give to them who now have nothing also!!

I
 
Re: Warren Buffet- Federal Deficit
by on 07/22/2011 5:12 PM | Reply #11 | "Quote" | "Quick Reply" |

Joined: 09/11/2009
Location: nd
I was born into it better than some depending how you look at things.  Besides teaching me what is right my parents also paid for my college education which enable me to have the jobs I have had.  I am thankful for what they did.
I was not able to do that much for my children but they still got their education.
Breaks are one thing but freeloading is different.
So the kid next door is given the majority of the farm and got the break.  Their future will still depend on what they do with the break.
Life goes on and the word fair is only used when your a kid.
Has any other generation been more fortunate?  I guess I could of been a christen when they were feeding them to the lions but do not put your problems on me and my generation. 
I am not ashamed of being a baby boomer.  The first year of our marriage we had a child.  I made 3500 dollars that year and paid 350 dollars in federal tax.  Today people make 50000 dollars and paid no taxes.  I feel that is not fair but no longer can use that word and life will go on.
So I am also upset but do not blame me as a baby boomer for this and say because I had my day I need to give up what I worked for.  There was no government assistance and I do not see one coming in the future. 
The whole bunch in washington need to go and yesterday is not soon enough.
 
But hell life is good, our generation did make old mill for us to drink, its Friday, I work tommorrow till noon and then the week end.  Answers, I have none but would like to see the free enterprise take care of itself and that means let it go broke.  The generations after that will be better off.  I do not control the wheel on this ride.  And I am sure my generation can think of some other positive things we did, no?  db 

























 
I am not ashame of myself for being a baby boomer and I do not take the blame for what has happen.
db
Re: Warren Buffet- Federal Deficit
by on 07/22/2011 5:40 PM | Reply #12 | "Quote" | "Quick Reply" |

Joined: 11/06/2006
Location: SD
If we could only get back to $2.00 or even $2.50 gas prices a lot of problems would take care of themselves. The economy would really take off and the revenues would start rolling back in. Right now too much of peoples personal income just goes to the rich oil companies. Who, go figure, get a tax break
Re: Warren Buffet- Federal Deficit
by on 07/22/2011 8:49 PM | Reply #13 | "Quote" | "Quick Reply" |

Joined: 05/24/2002
Location: ND

People blame the kids not understanding why responsability is a reason to do something but who has enabled them to do so? ~ Parents & Grandparents
- entitlement starts and ends with the home

Should we bankrupt a generation to pay an entitlement?
Social Security will need to change....
Medicare and Medicaid...

We all will have to make sacrifices, I will have to sacrifice, you will have to sacrifice so that our children will be taught again about sacrifice so that when they are given the choice that they also will sacrifice for their children and this country.

You never know how strong you can be until being strong is the only choice you have...
Re: Warren Buffet- Federal Deficit
by on 07/23/2011 06:47 AM | Reply #14 | "Quote" | "Quick Reply" |

Joined: 10/27/2004
Location: ND
Kaptain, if you took away the "tax breaks" you think oil companies get what do you suppose would happen with the difference? Would the oil companies just shrug their shoulders and eat the difference or would they pass on the difference to you and I? Should we punish them with more taxes and regulations making it more difficult for them to produce their products?
"The only enemy of guns is rust and politicians."
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 -Thomas Jefferson


The strongest reason for the people to retain the right to keep and bear arms is, as a last resort, to protect themselves against tyranny in government.
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Posted On: 07/22/2011 01:55 AM
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Tags: warren, buffet, federal, defecit, deficit, 0, july, 8th, gdp, interview
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