tag:blogger.com,1999:blog-2761684730989137546.post7205859734247819222..comments2024-03-28T07:50:06.102-04:00Comments on Mike Norman Economics: If Pearl Harbor were attacked today, could we afford to defend ourselves?mike normanhttp://www.blogger.com/profile/03296006882513340747noreply@blogger.comBlogger6125tag:blogger.com,1999:blog-2761684730989137546.post-51789753600392587692009-10-04T08:17:23.203-04:002009-10-04T08:17:23.203-04:00GETTING BACK TO THE DOUBLE LEDGER SYSTEM -
IS THE...GETTING BACK TO THE DOUBLE LEDGER SYSTEM -<br /><br />IS THERE ANYONE WHO CAN POST THE FED AND THE TREASURY'S BASIC BALANCE SHEET SHOWING HOW TAX REVENUES ARE A FRACTION OF THE OVER SYSTEM ?<br /><br />AS A FUNCTION OF TIME ( INCLUDING REAGAN, bush, CLINTON, bush ii ) ??<br /><br />THIS CLEARLY SHOWS HOW WEAK THE TAX PAYER ON THE HOOK STORY IS.<br /><br />AND IF YOU BREAK DOWN THE TAX PAYMENTS SEGMENTS, COULD WE NOT DEBUNK ANY MYTHS ABOUT WHO IS HAVING TO PAY AN UNFAIR SHARE ?googleheimhttps://www.blogger.com/profile/14459089745473598235noreply@blogger.comtag:blogger.com,1999:blog-2761684730989137546.post-29453117592501009352009-10-02T12:40:57.226-04:002009-10-02T12:40:57.226-04:00Actually, I think Warren has a better shot at runn...Actually, I think Warren has a better shot at running as a Republican on a cut taxes payroll taxes platform. But I suspect he'd never make it past the primary due to the thick-skull-ed nature of the republican base.bubbleRefugehttps://www.blogger.com/profile/17519418009762139033noreply@blogger.comtag:blogger.com,1999:blog-2761684730989137546.post-65310123859471897172009-10-01T21:55:28.640-04:002009-10-01T21:55:28.640-04:00Jill,
Way to go! Now...how can we get about a mil...Jill,<br /><br />Way to go! Now...how can we get about a million more of those to Warren??<br /><br />-Mikemike normanhttps://www.blogger.com/profile/03296006882513340747noreply@blogger.comtag:blogger.com,1999:blog-2761684730989137546.post-85091082404668323382009-10-01T13:06:40.428-04:002009-10-01T13:06:40.428-04:00Hi,Mike. Hello, Matt.
Looking for ways to 'fu...Hi,Mike. Hello, Matt.<br /><br />Looking for ways to 'fund' our businesses through this recession, my husband and I dug out some U.S. Savings bonds we received as wedding gifts back in 1988. The U.S. Treasury has a pretty cool website. I quickly found the information we needed. <br /><br />Exploring further into the history of the Savings Bond program I learned that sales of U.S. Savings bonds was promoted as an opportunity for every American to help "fund" America's freedom vis-a-vis helping pay for the war. Dozens of iconic personalities were used in patriotic ads - Bing Crosby, Superman, Bugs Bunny. Even Mr.Ed! Watch a video conglomeration here http://www.treasurydirect.gov/indiv/research/history/history_unclesamspeaks.htm <br /><br />Hahaha - It's a little frightening to think about but had I found this before I found you guys I may have pointed to it in answer to your question "Who paid for the deficit after World War II? <br /><br />Okay, one more thing to share with you before I go - I received a past due notice last month from the GOP! Fortunately for me the 800 number included served as an escape valve. I said "Are you crazy?" I said. "I have no contract with you that you should mail me an envelope stamped past due!" The poor numbskull on the other end explained it's nothing serious really (I'm so relieved) they do that hoping to get my attention on the chance I'm not in the habit of opening my mail. "Well be assured this is no oversight." I said, "I sent the 50 bucks to Warren Mosler." <br /><br />Sadly the thoughtfulness exercised in providing an 800 # with a live person to talk to may be the last remaining accountability differential between Repulicans and Democrats.<br /><br />Rock on!<br />JillMortgageAngelhttps://www.blogger.com/profile/02797341866990387426noreply@blogger.comtag:blogger.com,1999:blog-2761684730989137546.post-37619784207097213562009-09-30T23:15:04.207-04:002009-09-30T23:15:04.207-04:00Matt,
I don't have much hope. Any savvy marke...Matt,<br /><br />I don't have much hope. Any savvy marketer would tell you it is far too costly and time consuming to change the way people think. It's better to accept the way they are and go with that. Having said that it seems to me that a good political strategist would never tell his candidate to try to change the way people perceive the deficit. It is far more effective to go with how they feel (deficits are bad)...even hype that...because it's all about winning elections and garnering political capital. This is why no politician speaks well of the deficit, even though I am sure there are some who understand it just as we do.mike normanhttps://www.blogger.com/profile/03296006882513340747noreply@blogger.comtag:blogger.com,1999:blog-2761684730989137546.post-85829769557279162432009-09-30T19:25:59.570-04:002009-09-30T19:25:59.570-04:00Mike,
Looks like he also doesnt connect the Clint...Mike,<br /><br />Looks like he also doesnt connect the Clinton surpluses with the 2000 recession. But your right it is a start.<br /><br />I think the 'SCE' concept is still up for grabs politically and would be valuable to which party would fully embrace it. The GOP could implement it via tax cuts or the Dems could drive increased expenditures, (I cant forget Warren who looks like he's running as a tax cutting Democrat! I hope he goes far.) I think which ever party grasps this concept and is able to all get on the same page and EXPLAIN it to the voters (as you are doing here all the time) will benefit greatly politically.<br /><br />Meanwhile we have Sarah Palin scolding us for borrowing from the Chinese and Obama saying we're out of money....no help for us on either side! Go Warren!Matt Frankohttps://www.blogger.com/profile/11978352335097260145noreply@blogger.com