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TwixVoy Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Jan-26-10 04:12 AM
Original message
Obama HAS to freeze spending
Sadly Obama has to freeze spending. The national credit card is maxed out so to speak. We are running trillions the hole. So this was not surprising. I posted that we should all expect this months ago.

My only concern is.... will this halt the so called "recovery" now that the cash flow is stopping? Probably.

So my next concern is.... will my belief the powers that be would take us in to a major war as a means to fix this situation come true?

Military spending is one of the few things NOT being cut.... makes you wonder what the long term plan is, doesn't it?
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dkf Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Jan-26-10 04:13 AM
Response to Original message
1. Grow jobs...grow the economy.
Sit on the sidelines waiting for the jobs to appear, kill the economy.

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stray cat Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Jan-26-10 08:18 AM
Response to Reply #1
26. Spend More Money! Oh wait - borrow more money if anyone will give us any...
Edited on Tue Jan-26-10 08:19 AM by stray cat
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grahamhgreen Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Jan-26-10 04:15 AM
Response to Original message
2. All we need to do is have a war on war spending.
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TheWraith Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Jan-26-10 04:20 AM
Response to Original message
3. A major war? The powers that be? Put away the Illuminati books. nt
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TwixVoy Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Jan-26-10 04:23 AM
Response to Reply #3
4. Actually it's a history book my friend
Edited on Tue Jan-26-10 04:24 AM by TwixVoy
History is full of nations going in to all out war mode once a serious and prolonged economic crisis hits.

And I say "powers that be" in reference to the upper class whom will be sending US to fight such a war.
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jgraz Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Jan-26-10 04:44 AM
Response to Reply #4
8. Does your history book go back to 1937?
Edited on Tue Jan-26-10 04:47 AM by jgraz
If so, you might want to read about what happened when FDR cut spending in the middle of an economic recovery.
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TwixVoy Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Jan-26-10 04:47 AM
Response to Reply #8
9. No kidding
Notice in my OP I acknowledged the fact it would prevent recovery?

So read ahead a few more years my friend. Where was our military a few years later?
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jgraz Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Jan-26-10 04:53 AM
Response to Reply #9
11. Except we have no ability to start another war.
Setting aside the obscenity of engaging in yet another pointless military campaign, we just don't have the capacity that we had in 1940. The military is shredded, recruiting is stalled and no one would tolerate a draft. Plus, we no longer have a domestic manufacturing base to absorb and distribute heavy military spending, so even if we *could* support a war, it would have a limited effect on the GDP.

It just won't work this time.

Instead, these spending cuts are likely the start of a Latin-America-style austerity program intended to appease our Chinese landlords.
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TwixVoy Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Jan-26-10 05:04 AM
Response to Reply #11
14. Over 50% of this nations youth are currently unemployed
As jobs become harder and harder to find guess what they will be told? The military is always hiring.

It will be a disaster. We will spend our last amount of wealth on the military, and make no mistake they will TRY to use military spending and military action to save us. It will be a complete failure.

We will mirror the final years of the Soviet Union. Huge military spending while the people are starving in the street.
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Juche Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Jan-26-10 05:59 AM
Response to Reply #14
18. Why not do infrastructure
US infrastructure needs 2-3 trillion over the next 5 years to be up to code. We also need trillions in energy reform to avert climate change.

There are serious problems that require serious demand. And it is constructive demand (as opposed to the destructive demand of war).

Infrastructure advances and energy reform by switching to alternatives would create tons of jobs and recreate demand.

Plus you create about 50% more jobs with infrastructure and energy than you do with the military for every billion you spend.


So the demand is there. There are tons of problems we need to seriously work on solving by putting millions of jobs and trillions of dollars into. It is just a question of whether we can get people to work solving the problems.
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Odin2005 Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Jan-26-10 09:57 AM
Response to Reply #14
35. Or, large number of unemployed young people (especially young men) = revolt.
That's the usual historical pattern.
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aquart Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Jan-26-10 06:56 AM
Response to Reply #11
22. And we'd need money to order spare parts from China.
No way we would be allowed to fight a war that was not in their interest.
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jgraz Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Jan-26-10 12:05 PM
Response to Reply #22
38. At this point, any war we fight is in China's interest
The weaker we make ourselves, the better it is for them.
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Kalun D Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Jan-26-10 04:37 AM
Response to Original message
5. Military
the military, where they bomb dirt camps with $MILLION dollar cruise missiles, and then pay Halliburton to "rebuild".

and "homeland security" (the largest bureaucratic increase in the last 50 years)

they have to protect us from "terror" which is ten times less likely than getting hit by lighting.
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WVRICK13 Donating Member (930 posts) Send PM | Profile | Ignore Tue Jan-26-10 06:58 AM
Response to Reply #5
23. Exactly
when everything is spent on the military and the only ones with money are the top one percent then we too can be like Afghanistan with our Taliban elite. Homeland Security is less about terrorism and more about controlling the population. Just get all of the pieces in place so the people are begging for total control and you have a dictatorship. I have watched this mentality in WV all of my life. The poor support the coal mine companies and attack unionizers like on Blair Mountain, then they vote for Republicans on the way to the food pantries. I really cannot believe Americans are this ignorant.
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Hannah Bell Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Jan-26-10 04:39 AM
Response to Original message
6. *has* to freeze spending because? who owns the "credit card"?
Edited on Tue Jan-26-10 04:40 AM by Hannah Bell
how is war spending not "spending"?

what are you talking about?
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jgraz Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Jan-26-10 04:40 AM
Response to Original message
7. No, he most certainly does *not* "have to" freeze spending.
Edited on Tue Jan-26-10 04:42 AM by jgraz
Especially so-called "discretionary" spending. If he wants to save money, then he should go after defense spending. Speed up withdrawal from Iraq, for example.

The particulars of this proposal expose it as a political stunt. The cuts (yes, cuts -- you have to figure in inflation) wouldn't start until 2011, and the White House's own advisors are only predicting a savings of $25 billion / year -- or about 48 days of spending on Iraq and Afghanistan.
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TwixVoy Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Jan-26-10 04:48 AM
Response to Reply #7
10. You don't see the big picture do you?
If you had any clue what was coming down the economic pipe you would see WHY he wants to freeze spending.

You would also be fully aware why he is NOT cutting military spending. We are going to be in more countries than Iraq and Afghanistan the coming years my friend... and it's going to result in a LOT of death.
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jgraz Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Jan-26-10 04:56 AM
Response to Reply #10
12. No, I just think your "big picture" is completely wrong.
See above.
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TwixVoy Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Jan-26-10 05:00 AM
Response to Reply #12
13. We will see won't we?
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jgraz Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Jan-26-10 05:04 AM
Response to Reply #13
15. That we will.
My prediction: if the military *does* have another big engagement, it will be within the borders of the US, against our own citizens.
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TwixVoy Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Jan-26-10 05:12 AM
Response to Reply #15
16. The two are not mutually exclusive
I agree there will be engagements within US borders. But it will mostly be putting down small pockets of civil unrest in the poorer parts of the nations cities.
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Hannah Bell Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Jan-26-10 06:21 AM
Response to Reply #10
20. why don't you explain the fine points, then, cassandra?
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Juche Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Jan-26-10 05:55 AM
Response to Original message
17. We do have to balance the budget
However we are in the midst of a severe recession. I know it is kosher to attack the GOP, but the time to balance the budget was the 2001-2007 period. Had we not gone to war in Iraq and not had the Bush tax cuts the national debt would be closer to 8-9 trillion now.

Health care is what is really going to screw our debt. We have to reform that dramatically.
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Tailormyst Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Jan-26-10 08:25 AM
Response to Reply #17
29. Notice how it is NEVER the large corporations that have to feel the pain?
Never the billionaires. Never the military.
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Igel Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Jan-26-10 11:03 AM
Response to Reply #17
36. Presumably not 2001-02.
Recession, don't you know.
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KharmaTrain Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Jan-26-10 06:14 AM
Response to Original message
19. Except For The Big Banks, We're All Broke...
Yep...this government is maxed out, but so are many businesses and individuals, that's why this recession is so deep and will last for a long time. The only thing that's been keeping some above water has been government spending...propping up bank accounts. The sad reality is this President has made himself weak and this is the only way he'll be able to get a budget through the House & Senate. There is no easy fix here...thus when I hear him and other politicians talk about creating more jobs...one's gotta wonder where they'll come from. Sadly the military spending does pump money into the economy and placates the critics who still will oppose anything this administration does...and are now emboldended since Obama hit his Waterloo.
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WVRICK13 Donating Member (930 posts) Send PM | Profile | Ignore Tue Jan-26-10 06:50 AM
Response to Original message
21. Then Stop War Spending
we have learned nothing from history every empire collapses when the spending is all aimed at the military.
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MadHound Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Jan-26-10 07:01 AM
Response to Original message
24. I agree that we have to cut back spending,
But frankly it's which spending that is getting frozen that burns me. Once again our nation is choosing war and death, with bonus profits kicked in for the few and elite over the welfare of the general populace.

In times of recession like this, we shouldn't be fighting wars on this scale. Apparently we haven't learned a damn thing from the USSR's little adventure into Afghanistan.
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TexasObserver Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Jan-26-10 07:48 AM
Response to Original message
25. No, he doesn't, and that's a ridiculous statement.
Edited on Tue Jan-26-10 07:48 AM by TexasObserver
We need another stim package of at least $700 billion. We are not near the deficit spending it took to end the Depression.

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alarimer Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Jan-26-10 08:23 AM
Response to Original message
27. No he doesn't.
That didn't work during the depression (it made things worse) and it will not work now. It is a bullshit attempt to appease the right-wing critics. Obama needs to get off his ass and fight for tax increases and cuts in military spending. Now is the time to be bold. But sadly Obama is merely an appeaser. He is Hoover, rather than FDR.
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Tailormyst Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Jan-26-10 08:23 AM
Response to Original message
28. I know its mostly water under the bridge, but this is just infuriating
Money for wall street, Money for millionaire/billionaire bonuses, Money for greedy Military contractors who continue to rip us off, Money for bombs, Money for killing, Money for the big insurance companies, but money for the people? Well now, THAT has to stop.


It seriously makes me want to grab a pitchfork and torch and head to Washington.

SO. SICK. OF. ALL. OF. THEM.


Nothing but lies and bullshit while they make each other more money.
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Ganja Ninja Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Jan-26-10 08:33 AM
Response to Original message
30. If he's not freezing military spending then he's not freezing spending is he.
How can you call it a spending freeze and leave out the military?
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blindpig Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Jan-26-10 08:40 AM
Response to Original message
31. Major war?

The imperial forces are over stretched as is. Naw, they're fighting to keep their heads above water. The Russians are coming, the Chinese are coming, the Indians are coming, economically, that is.

Grover Norquist gotta love this shit.
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shadowknows69 Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Jan-26-10 08:42 AM
Response to Original message
32. I know what the long term plan is. Total resource hegemony through military might.
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TankLV Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Jan-26-10 09:07 AM
Response to Original message
33. Bullshit REPUKE advice - we need to BOOST SPENDING, not halt any chance of recovery
as this "freeze" will certainly do - and then the repukes and right wing nut jobs can point and say - "see - these COMMUNIST/SOCIALIST?FASCIST polices DON'T WORK!!!

go back to your repuke party
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Odin2005 Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Jan-26-10 09:55 AM
Response to Original message
34. Our debt is not terrible relative to our huge GDP.
as a %of GDP many European countries have FAR worse debt problems. the fear about debt is Libertarian and Neo-Liberal scaremongering.
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Kurt_and_Hunter Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Jan-26-10 11:05 AM
Response to Original message
37. RW nonsense take root at DU... a grim side-effect of a beloved but amoral presidency
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Individualist Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Jan-26-10 12:07 PM
Response to Original message
39. Damn the DLC
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