Follow Where You Tax Dollars Are Being Spent

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Mon, 04/18/2011 - 14:24 | 1181228 TheGreatPonzi
TheGreatPonzi's picture

Or as someone there put it, "should I donate to the Red Cross after, or before the BoJ prints $500 billion out of nowhere"? :D

Mon, 04/18/2011 - 14:28 | 1181244 redpill
redpill's picture

Nothing quite kicks off a robust round of "every man for himself" like fiat ponzi.

Mon, 04/18/2011 - 14:40 | 1181289 Obummer
Obummer's picture

Ladies and gentlemen, fellow Americans, good people of the world. Today one of the world's top ratings agencies told us that they had changed their outlook on the United States debt outlook to negative for the first time ever. This action has the potential to change our society profoundly. But what exactly does this mean for us?  Folks, let me be clear, this is a good thing for this country, and for my administration.

As we all know, debt is bad. In talking with our economic team we find that having debt with a negative outlook is positive for us, for this great country. You see, debt with a negative outlook is a double negative.  With a double negative things actually turn positive. And we know this is true because we see positive developments everywhere, from green shoots in the economy to value deflation in the dollar.  Once again we see hard-working Americans creating value for the world.  Once again we see the path before us, the path to win the future.

Some may try to disprove the double negative standard.  They may say that two wrongs do not make a right, that one should not throw good money after bad.  Rest assured that this will not happen, not as long as I am President. Honest, hard-working Americans deserve better than that. My administration will stand up to these forces of destruction, and we will win.  We will win the future for all Americans, old and young, black, white, brown, and yellow. This is our destiny as a great nation, and we go now to meet our destiny.

Thank you, good night, and God bless America.

Mon, 04/18/2011 - 14:43 | 1181299 Bill the Cat
Bill the Cat's picture

Ack!

Mon, 04/18/2011 - 14:59 | 1181356 WaterWings
WaterWings's picture

In the Age of the Printing Press, taxes have two functions:

1) perceived "equal" redistribution of wealth

2) price controls

That is all.

Mon, 04/18/2011 - 14:46 | 1181300 Hugh G Rection
Hugh G Rection's picture

+1

 

You should write speeches for the sockpuppet

Tue, 04/19/2011 - 01:47 | 1183041 StychoKiller
StychoKiller's picture

You so sure (s)he don't??

Mon, 04/18/2011 - 14:49 | 1181314 AmazingLarry
AmazingLarry's picture

Oboy...

Mon, 04/18/2011 - 14:46 | 1181315 DonnieD
DonnieD's picture

Good stuff, Barack, but I think Pete Stark disagrees on debt being bad. The more debt you have, the wealthier you are. Duh.

Mon, 04/18/2011 - 14:56 | 1181344 sdmjake
sdmjake's picture

"No circumstances were ever so bad that a little human effort couldn't make them worse."
- Frederik Pohl, The Other End of Time, chap. 15

Mon, 04/18/2011 - 16:33 | 1181709 SwingForce
SwingForce's picture

AWESOME! I could hear The Douchebag What's in Charge SAYING THE WORDS!

 

BRILLIANT!!

Mon, 04/18/2011 - 17:11 | 1181822 A Texan
A Texan's picture

Yeah, but you need an "ahhhhh" or an "uhhhh" about every 5th word, plus at least one very uneasy 5-7 second pause as the DOTUS thinks about how his speech might affect his brackets, and how much Aunt Esther will yell at him for not putting down the seat.

Tue, 04/19/2011 - 00:24 | 1182909 D1eeeeeNAHHHHH
D1eeeeeNAHHHHH's picture

Men don't every do it!  Women have successfully sued for child support after the donations! 

Don't believe these clinics' stories of never being known in court.  google it for yourself and find out!

Tue, 04/19/2011 - 07:19 | 1183233 gall batter
gall batter's picture

i happened to click on the link and dr. lazar greenfield said:

 

"The editorial cited research that found that female college students who had had unprotected sex were less depressed than those whose partners used condoms. It speculated that compounds in semen have antidepressant effects."

Has nothing to do with child support--just semen as a mood enhancer. 

 

Mon, 04/18/2011 - 18:11 | 1181969 morkov
morkov's picture

you jackass!!! you have spent "Chinese" lives making what you have customized...when life meets life, someone will make a call on yours...the only question is "did lives met yet, or is the US military still in control?" is it every man for himself or everyman for his mates...and another world war

Mon, 04/18/2011 - 14:31 | 1181257 Hugh G Rection
Hugh G Rection's picture

transparency bitches...

 

liquidize everything, roll into PMs, and tell the the Feds to eat a dick.  South America is nice this time of year.

Mon, 04/18/2011 - 14:35 | 1181265 redpill
redpill's picture

I'll buy the first round of cerveza in Santiago.

Mon, 04/18/2011 - 14:56 | 1181345 Hugh G Rection
Hugh G Rection's picture

sounds good.

 

I got the first round of panocha. 

Mon, 04/18/2011 - 14:34 | 1181263 Sudden Debt
Sudden Debt's picture

Donate your money or watch it turn worthless. In this democracy you get to make your own choice!

Mon, 04/18/2011 - 15:41 | 1181505 Mark McGoldrick
Mark McGoldrick's picture

What happens to the value of the US dollar once the Federal Reserve absolves Treasury's debt? Remember, the Fed is our largest creditor.

Does anyone actually think the Federal Reserve would destroy itself?

Mon, 04/18/2011 - 21:11 | 1182434 FEDbuster
FEDbuster's picture

Let's not forget the FED kicks any interest paid to them back to the US Treasury Dept. after they skim their 6% profit/dividend from the top.  It's just a glorified Three Card Monty game designed to confuse those who try to pay attention to them, most Americans don't care.

Tue, 04/19/2011 - 00:44 | 1182948 rocker
rocker's picture

Most Americans care. They just don't understand it.  Afterall, most watch Glenn Beck and Fake News.  They are told how to think

Stupid is as Stupid Does.

Tue, 04/19/2011 - 09:10 | 1183465 FEDbuster
FEDbuster's picture

Beck has done more to try and explain the FED to America than any other TV host (he recently had G. Edward Griffin author of "The Creature from Jekyll Island" on), but the average American could not tell you what the FED does, how it works and how QE is ruining the dollar.  Beck has actually tried to educate his audience about the workings of the FED, our unsustainable debt load, unfunded government liabilities, etc...  He of course is labeled a fear monger, crazyman, doomsayer, nut case, etc.. for the warnings he has issued.  So now S&P will join Beck as a fear monger, doom and gloomer for their downgrade of US debt status.  In fact, Turbo Tim just was on CNBS disagreeing with S&P telling the world the US's future is bright and politicians will come together to solve the debt problem.  Who are you going to believe?

Mon, 04/18/2011 - 14:44 | 1181303 wisefool
wisefool's picture

One of the most macbre things I ever saw was an advert in the 1990s where Elizabeth Dole asked the american public to donate to the Red Cross. Either Blood or money. She earned a salary of over $1MM per year. And they chased nader out of the presidential race because, as a liberal, he had a net worth of $1MM

Mon, 04/18/2011 - 14:52 | 1181325 ms1408
ms1408's picture

I wonder if they've listed interest payments to the private federal reserve in that receipt.

Mon, 04/18/2011 - 15:16 | 1181427 csmith
csmith's picture

But that's the point...the Fed simply remits the interest back to the Treasury. That's the "Ponzi" part of this whole mess. And, as with all Ponzis, the problems begin when "investors" demand that principal be paid off. This is why we're going to have QE3, 4, 5, etc. 

Mon, 04/18/2011 - 14:28 | 1181234 NOTW777
NOTW777's picture

does this result in tracking or obama spam? a subscription to steve liesman?

Mon, 04/18/2011 - 14:28 | 1181245 Dr. Richard Head
Dr. Richard Head's picture

Ohhhh. I hope both.  Goverment tracking me throwing shit at my TV when LIESman talks.  Fun.

Mon, 04/18/2011 - 14:26 | 1181237 Dr. Richard Head
Dr. Richard Head's picture

In reality, isn't all of the tax receipts for the IRS going to the Federal Reserve?  Something about grace Commission Report - 1984?

Mon, 04/18/2011 - 14:29 | 1181239 stretch
stretch's picture

In which field do I enter the amount of inflation tax paid?

Mon, 04/18/2011 - 14:30 | 1181243 A Lunatic
A Lunatic's picture

Thanks for pissing me off again.

Mon, 04/18/2011 - 14:28 | 1181246 InconvenientCou...
InconvenientCounterParty's picture

zero taxes...

I imagine the Tea Party would declare "mission accomplished".

Of course I can't claim to understand what the core values of that group are.

Mon, 04/18/2011 - 14:34 | 1181264 NOTW777
NOTW777's picture

get help, just say no to koolaid.  ur on ZH - that is a start

Mon, 04/18/2011 - 17:09 | 1181812 Creed
Creed's picture

what part of

T_AXED E_NOUGH A_LREADY

 

do you not understand? seriously, get a grip

Mon, 04/18/2011 - 14:28 | 1181247 HamyWanger
HamyWanger's picture

To the great disappointment of bigot, libertarian, pro-gun, silverbug, anti-inflation, anti-Federal Reserve, anti-Semite rednecks, the global economic recovery is accelerating, and our President Dr. Barack H. Obama will get reelected hands down for another 5 years mandate. 

Mon, 04/18/2011 - 14:35 | 1181259 Uncle Remus
Uncle Remus's picture

How's Walternate?

No, I didn't junk you.

Mon, 04/18/2011 - 14:44 | 1181295 treemagnet
treemagnet's picture

I did.

Mon, 04/18/2011 - 14:47 | 1181317 Financial_Guard...
Financial_Guardian_Angel's picture

So did I. Worth every second doing it.

Mon, 04/18/2011 - 15:03 | 1181381 HamyWanger
HamyWanger's picture

Now, I'm accustomed and pretty much insensitive to bigots who hate me and my message of love.

I'll always repeat that haters of socialism, of gun control and haters of the economic recovery have no place in the XXIst century America. They are intolerant and lunatic dudes living in the past, such as this redneck family: http://www.youtube.com/watch?v=BGkRKT0Q-L4&feature=related

Mon, 04/18/2011 - 15:09 | 1181410 redpill
redpill's picture

Don't let the racists get you down, Hamy

Mon, 04/18/2011 - 15:14 | 1181417 Miles Kendig
Miles Kendig's picture

You musta got some sweet vinegar with the DouscheBank Monday staff mixer today Harry.  You're a bit sweeter than usual.  No wonder you're so edgy.  Realizing that most all Americans detest a door to door bible salesman that is only looking at his margin must put a big ? on your chances of making quota in a tougher no/low volume sledding environment.  Hope ya make mission and don't roll too many donuts Harry.

Tue, 04/19/2011 - 12:46 | 1184482 Marla And Me
Marla And Me's picture

Miles, it's Hamy, not Harry.  There are way too many copy-cat jokster accounts for it to be a coincidence.  What a country we have... the Tylers' hard work and innovation makes it possible for paid trolls to make a living off their sweat equity.  Leaches abound!

Tue, 04/19/2011 - 13:02 | 1184566 Miles Kendig
Miles Kendig's picture

Thanx for the quality check and timely observation.  Indeed.  Leaches everywhere following Bastiat's dictum that it is easier to live off the productive labor of others rather than suffer the pain of production oneself.  There is a difference between leaching and simply enjoying the tasty waves and cool buzz provided by the ever timely harvest of fine nugs of wonk-a-liciousness that abound in these articles.

Mon, 04/18/2011 - 15:35 | 1181513 kingwallop
kingwallop's picture

You Sir are a full on NAZI

Mon, 04/18/2011 - 18:30 | 1182036 Dexter Morgan
Dexter Morgan's picture

Don't feed the trolls.

Tue, 04/19/2011 - 01:05 | 1182977 rocker
rocker's picture

Sometimes Hamy your just plain stupid. It depends what you call socialism and what you call economic recovery.

For most there is No recovery, unless your a banker or associate.  And it is not socialism if one who worked in a factory at a job of labor and paid in to social security to expect benefits. For what they slaved to providee for themselves.

The problem is, this is what the Pukes want to steal from their slave labor participants. The very money that they paid into the system.  They print for many things. The FED can refurbish these funds too. Just like they did for the undeserving Bankster criminals of Wall Street.   

But, I will say this, If your wages exceed 1 million a year or your assets are worth more than than 5 million, you do not need Social Security. It is suppose to be a safety net as it should be.  If you can not understand this, your just plain Greedy.  As greedy as Lloyd Blankfien, Hank Paulson, and Neel Kashkari.

Tue, 04/19/2011 - 01:11 | 1182987 rocker
rocker's picture

Just another footnote. We can't take guns from honest people. Because it will be the dishonest who will have them and you will not. Would you take them from Cops or do you believe they are all honest.  LOL on that.

Tue, 04/19/2011 - 01:54 | 1183047 StychoKiller
StychoKiller's picture

Look up the following word in Webster's:  "Sarcasm"

It'll save ya a lot of typing!

Mon, 04/18/2011 - 16:38 | 1181714 NotApplicable
NotApplicable's picture

So you're saying that it's worth every second to demonstrate that you don't understand hyperbole?

LOL

You've been trolled. Hook, line and sinker.

Did ya even taste the bait? 

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