Anthony Gallegos

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With the apparent unraveling of the federal budget process, what if anything can be done by policy makers to solve near & long term issues.

ideas fo unraveling the fiscal deficit. What budget processs would have the greatest possibilityof having short and long term benefits.

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    Mar 8 2013: very interesting ideas, to the point and logical.
  • Mar 8 2013: Here are some ideas:

    1. Transparency and advertising the costs associated with services provided by government at all levels.
    2. Mapping wealth producing practices to debt producing end results, including administrative costs. Apportioning taxes to cover debts.
    3. Show depreciation and upkeep costs associated with capital assets. Apportion taxes paid to use.
    4. Offer tax incentives proportional to roles associated with volunteering to assist with public welfare efforts.
    5. Use prisoners to accomplish public service work for the duration of their sentences.
    6. Tax gains acquired by speculative use of funds proportionally to the risk encountered to the suppliers of the market.
    7. Make public bonds for infrastructure improvements particularly attractive to residents of the city or state. Attraction might be something other than just interest rate.
    8. Tax profits made by selling natural resources beyond some reasonable amount.
    9. Link one year term limits and immediate forfeit of all benefits beyond those provided a private in military service to the signing of an annual balanced budget for all legislative and executive bodies.
    10. Apportion the existing debt of any state to a direct fixed rate income tax to the gross income of residents and companies within that state. In the event of a massive existing debt, spread the repayment time out over the number of years required to keep the percentage tenable for those least able to pay. Similar for the federal debt.
  • Mar 6 2013: Compromise.

    It is the foundation of representative government.
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    Mar 6 2013: Anthony, I will save my reply until I hear from you ... why did you state "apparent" in your question.

    Not that I think you are wrong just interesting you chose that word.

    Bob
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      Mar 7 2013: You point is well noted, I should have used a much stronger word or discriptor.
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        Mar 8 2013: Tony, A 4th grader can tell you that you cannot spend more than you make ... a lesson Congress and the President have forgotten. Only 53% contribute to taxes out of the 312.8 million americans. That means approximately 156 million people do not pay taxes plus the 11.5 estimated (2005) illegals who use our services and programs.

        I do not expect a person making 28 K to pay a few hundred in taxes ... but if these 14,700,000 people who zero out paid 10 dollars each flat tax and the rest of us were on a tax schedule then it seems to be more equal. The myth that millionares pay nothing is false. Congress makes the laws and the accountants MUST follow that law. The first four years of Obama he controlled both houses and could have resolved the tax laws as he saw them ... instead nothing was accomplished and now it is all the GOPs fault. Darn Bush.

        The second side is stop government growth and spending. If you go to expectmore.gov you will see 4 pages of programs that the GAO say are ineffective and a drag on the economy. What a good place to start savings. How about the 32 new czars. How about the Executive staff of 2000 many who have the same titles as cabnet level agencies ... dupes you bet ... the 200 on Team Michele ... Michele flying around representing the US ... was she elected .. nope ... stop traveling on my dime. Senate fact finding trips .. to hawaii every year including families .... glad it is on business otherwise it might be seen as a family vacation.

        I can solve this mess in one week. Select 100 housewives who work hard each week to balance the family budget with shifting priorities and sliding pay scales put the same questions to them that we ask congress and they will answer those issues.

        Remember elected officials only worry about election and re-election to their elite positions and their pay and perks while being exempt from the very laws they pass.

        Out of space. I wish you well. Bob.
        • Mar 9 2013: Bob
          Accountants MUST follow the law.
          But they don't.
          You know it, I know it, and the entire country knows it.
          Those who don't, are lying to themselves.
          So too must corporations, government, etc. But they don't.
          You know it, I know it, and the entire country knows it.
          Those who don't, are lying to themselves.
          Those who say they are optimistic, are lying to themselves.
          Optimism is now actively practicing denial.
          You know it, I know it and the entire country knows it, but more subconsciously and hidden.
          Those who don't, are lying to themselves.

          All the things that are suggested as ideas, that people want, need or see clearly what needs to be done, are varied and widely so.
          They will not be done. None of them and not one of them will solve the problem.
          Each one disrupts another part of the problem, keeping everything off balance (that is the purpose and intention, making it economically impossible to balance a budget), which then only serves to keep everyone arguing, debating and struggling in an "at-odds-with-one-another" climate, that ultimately gets nothing done. Also, the purpose and intention.
          This is exactly what those in power want because they have every intention of ruining the current economic system, for their own gain, politically. It is the financial end of the real political/power struggle, over masses and masses of humans. Cannot see that? It's global for Christ's sake! Here's a list of ideas from posters.
          Transparency - stop government growth and spending - Use prisoners (being done) - representative government - Stop using credit cards - return to the gold standard - political suicide if any politician said, "we need to fix this now" (my paraphrasing) - Restore a lawful Constitutional government - and the ideas go on and on.

          Yet you said, " Select 100 housewives.........and so on," and YOU ARE RIGHT, in that you see it simple, clear, sensibly, honestly and without greed for ulterior motives,as to what will work, based on what needs to be done!
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    Mar 6 2013: Apparent is correct.
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    Mar 6 2013: Stop using credit cards to make minimum payments on other maxxed-out credit cards while applying for new credit cards, all to allow the continuing of uncontrolled spending. Abolish the Rederal Reserve system and return to the gold standard. If America were an individual it would be time to file for bankruptcy protection.
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    Mar 6 2013: Sometimes I wonder if there is an overall game plan to do exactly what they are doing. By raising taxes at the same time as budget cuts the Government financial system gets a win-win in its coffers while at the same time separating blame across a multi-party system. Of course I can certainly see where it would be political suicide if any (such as the president) stood in front of the poplulace and said "We are in need of fixing this financial situation now, BERFORE we are forced into Austerity. Therefore I am requiring higher taxes while simultaneously cutting budget" Granted, Obama could do that as a second term president and who or what is to stop him other than being judged by history.

    I do see a possible plus side. IF (big IF) the government does not squander the influx of cash, the money saved and collected will strengthen the financial component of the government. This will be better in the long term, if not the short term. Perhaps we will never know, but that may be a good thing. Maybe it is better now than in 20 or 30 years when things could get really bad and we would be shaking our heads asking why we did not take care of this years ago.
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    Gail .

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    Mar 6 2013: USA
    Restore a lawful Constitutional government. Most people are not aware of how it is designed to work, because in a brilliantly played out coup d'etat, the Supreme Court threw out our Constitution as the "Law of the land" that it says it is, and replaced it with British Common Law that gave government TOTAL power. Today, in spite of existing documentary evidence showing otherwise, students in school are taught lies about their own history and their own government.

    Congress, the only body with lawful legislative power, (the Supreme Court gave itself such power) is limited to spending money on

    >Building roads for the delivery of mail (not building interestate highway systems for the benefit of commerce)
    >Support the useful arts and sciences BY CREATING PATENT LAW - not by giving grants and/or research
    > Regulate Commerce with foreign Nations, and among the several States, and with the Indian Tribes (not regulate commerce inside states and not regulate a minimum wage)
    > To coin Money, regulate the Value thereof (not to give private bankers the right to invent money into existence and lend it to government with interest)
    >To provide for the Punishment of counterfeiting the Securities and current Coin of the United States (bankers counterfeit money)
    > To constitute Tribunals inferior to the supreme Court;
    >To define and punish Piracies and Felonies committed on the high Seas, and Offences against the Law of Nations;
    >To declare War, grant Letters of Marque and Reprisal, and make Rules concerning Captures on Land and Water; (not give that power to the president)
    >To raise and support Armies, BUT NO APPROPRIATION OF THAT MONEY SHALL BE FOR MORE THAN 2 YRS
    >To provide and maintain a Navy;
    > To make Rules for the the land and naval Forces;
    > To make rules for the Militia

    About 100 years ago, Charleston was devastated in an earthquake. No federal funding. The US people opened their hearts & wallets to the point where the mayor asked them to stop. Now we have FEMA
  • Mar 6 2013: That's not what they want. This is the most irresponsible thing Congress has done since opposing the League of Nation. Only a liitle more than 50 million people died in WWII