Pettigrew,, federal finances need to ...

Pettigrew,, federal finances need to be fixed quickly

Posted in the Valliant Forum

pappy

Duncanville, TX

#1 Sep 20, 2011
I read the paper recentl;y that was sent to me, the MCCURTAIN DAILY GAZETTE, THE ARTICLE THAT HAD A DISCUSSION with Mr. Pettigresw. I can guarantee you he is a very smart intellectual, a smart person. And a heck of a lot smarter than me. He mentions several things that has happened in our nations economy. First he mentions the debt that is hanging over our nation, a det can be handled and paid off with the right methododology. So far all we have seen on that subject is the method used is to get re-elected by those already elected. No one seems to weant to solve the probl;em, its election time in D.C. Mr, Pettigrew thinks his degree in Business administration ,minors in finance and accounting. And he thinks because there are not enough members in congress that that just might be the problem. Mr, Pettigrew I can guarantee you that is not the problen. the reason it is not is simple-- we have a congressional budget office full of employees that have degrees in accounting, finance, and administration. They can take a numbers problem in a bill and tell you to the penney , how and what that bill will do and how well it will do, and the problems and faults of that problem. AS TO mR. pETTIGREW MENTIONING THE GOLD STANDARD WE GOT OFF OF IN 1971 AND WE BASILLY HAVE FIAT MONEY, WHICH IS ONLY GOOD IF OUR GOVERMENT LAST, HELL BELLS FOL;KS, IF OUR GOVERMENT FALLS OR FAILS US WE ARE IN DEEP STINK. aND THE FOLLOWING DAYS WILL NOT BE PRETTY AND ROSY AS IT MENAS WE NO LONGER HAVE A GOVERMENT BECASUE OUR TWO POLITICAL PARTIES HAVE FAILED US--THOSE WE ELECTED TO PROPERLY REPRESENT US IN OUR GOVERMENT. a GOVERMENT does not go away, at least if we still have proper representation by those we elect. He speaks of the interest rates being lowered down to near zero interest rates. That little item of lowering our interest rates happened under the President George W. Bush (republican) for a long period of time--the reason--to keep the banks from going under and to lower the cost of doing business so it would be cheaper to do business in the world of finance. It al;so headed off higher inflation. And to prop up the banking world to try to keep it from collapsing.( my theiy as it has happened before).
pappy

Duncanville, TX

#2 Sep 20, 2011
Part 2: Mr. Pettigrew, it took a lot to lead us into what we now are in But it surely did not start just in 2009 as some want to make the claim of iot being so. President Bush @ let the air completely out of our economy. And a single patch will not cure the flat. That economy was driven through a patch of thorny mesqute brush and theeconomy picked up a busnch of puntures. If I remember right, G.W. Bush said he had a busniness dgree also. NO pun meant. Mr. Pettigrew says we need to cut goverment, Every time we cut goverment in one place, the cuts go to another place and has never been used to lower our debt. So far our cuts have not done a thing to lower our debt. Bsides cuts without funding never leads to enough money to money to pay our debt off or for afact lower our deficit. Any time you want to raise taxes there are enough holes in our tax laws to drive the largest tank in the world through without firing a shot. You never mentioned doing away with some our tax loop holes. You can raise the taxes to 100 percent tax rate on the wealthy and all they have to do is go to the tax code books which contains thousands of tax breaks and loop ho;es to be used by those of wealth and they will still end up with the same amount of money in their bank accounts. Now I do believe you have a good education and are a fine person, and I bet a christian. But we need people in congress that will solve our countries problems and not just a head full of idealogy of either democrat or republican--we have enough of that problem already in congress--results-- NONE. WESTILL NEED JOBS

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