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Kindly Note the Impending Bankruptcy (Mark Steyn)
National Review Online ^ | November 30, 2012 | Mark Steyn

Posted on 12/01/2012 10:00:01 AM PST by neverdem

Previously on The Perils of Pauline:

Last year, our plucky heroine, the wholesome apple-cheeked American republic, was trapped in an express elevator hurtling out of control toward the debt ceiling. Would she crash into it? Or would she make some miraculous escape?

Yes! At the very last minute of her white-knuckle thrill ride to her rendezvous with destiny, she was rescued by Congress’s decision to set up . . . a Super Committee! Those who can, do. Those who can’t, form a committee. Those who really can’t, form a Super Committee — and then put John Kerry on it for good measure.

--snip--

But that fundamental dishonesty is the heart of the crisis. You cannot simultaneously enjoy American-sized taxes and European-sized government. One or the other has to go.


TOPICS: Business/Economy; Crime/Corruption; Editorial; Politics/Elections
KEYWORDS: marksteyn; steyn
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1 posted on 12/01/2012 10:00:05 AM PST by neverdem
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To: JLS

Wickedly honest! Ironic to the max, I’m at a loss for words.


2 posted on 12/01/2012 10:07:14 AM PST by neverdem ( Xin loi min oi)
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To: neverdem

You wanted high taxes and big government America.

Now pay for it.


3 posted on 12/01/2012 10:12:05 AM PST by Tzimisce (What do you do when every every branch of the government is corrupt and aligned against you?)
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To: neverdem
“The Super Committee”?

It was concocted to keep the 2010 Tea Party insurgent freshman Congressmen from having any input.

Dems & RINO Pubbies did this.

Now who will take the blame for the scam?

Both wear it.

4 posted on 12/01/2012 10:16:01 AM PST by Texas Fossil
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To: neverdem
If I were John Boehner, I’d say: “Clearly there’s no mandate for small government in the election results. So, if you milquetoast pantywaist sad-sack excuses for the sorriest bunch of so-called Americans who ever lived want to vote for Swede-sized statism, it’s time to pony up.”

Okay, he might want to focus-group it first.

Nah...just say it straight out. It would probably win more GOP converts than all the phony "bipartisanship" ever attempted. :)

5 posted on 12/01/2012 10:18:50 AM PST by Mr. Jeeves (CTRL-GALT-DELETE)
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To: neverdem
The wreck is going to be epic.


6 posted on 12/01/2012 10:19:50 AM PST by Travis McGee (www.EnemiesForeignAndDomestic.com)
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To: neverdem
Bankruptcy, debt ceiling, F&F, Benghazi, etc. are all just bumps in the road. The real issue is climate change. /sarc
7 posted on 12/01/2012 10:25:16 AM PST by oldbrowser (Put Obama in check, now.)
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To: neverdem
A bipartisan agreement in which Republicans agree to cave and Democrats agree not to laugh at them too much?

I've got my money on this outcome. If I'm right, I'll buy myself a drink. And if I'm wrong, I'll buy myself a drink.

8 posted on 12/01/2012 10:39:39 AM PST by Tax-chick (Are you getting ready for the Advent Kitteh?)
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To: neverdem

To infinity and beyond!

http://confoundedinterest.wordpress.com/2012/11/29/obamas-continued-demand-for-1-6-trillion-tax-on-the-wealthy-and-his-cross-of-debt/


9 posted on 12/01/2012 10:44:47 AM PST by whitedog57
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To: neverdem
If there is a 50% increase in taxes for those of us actually paying taxes (for example, raising the 25% rate to 37.5%), to be "fair" there also ought to be a 37.5% decrease in government benefits for those who are paying no taxes.

If welfare slugs can't live on that than we can't live on what WE make, either!

Alternatively, maybe they can get up in the morning and go find a job and pay confiscatory taxes along with the rest of us - if they can even find one in this wretched BarackaClaus economy.

10 posted on 12/01/2012 10:45:08 AM PST by Gritty (I enjoy living in the 3rd World. Soon Americans will be able to do so from the comfort of home-FReed)
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To: neverdem

mark


11 posted on 12/01/2012 10:50:40 AM PST by sauropod (For Barack so loved the poor, he created millions more of them.)
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To: Travis McGee

“The wreck is going to be epic.”

It is, isn’t it?

I feel like I’ve been mistakenly locked inside a madhouse watching the people around me, from the White House to Congress to CNBC to the guy who delivers my mail cluck and lark along as if this all were just another instance of Washington fighting over silly little jots and tittles.

Of course that IS what they are fighting about in Washington...meantime I’m only hoping they can keep the can a-rolling another six months so I can get my Galt Vault in tip-top order.....


12 posted on 12/01/2012 11:02:21 AM PST by Fightin Whitey
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To: Travis McGee

“The wreck is going to be epic.”

It is, isn’t it?

I feel like I’ve been mistakenly locked inside a madhouse watching the people around me, from the White House to Congress to CNBC to the guy who delivers my mail cluck and lark along as if this all were just another instance of Washington fighting over silly little jots and tittles.

Of course that IS what they are fighting about in Washington...meantime I’m only hoping they can keep the can a-rolling another six months so I can get my Galt Vault in tip-top order.....


13 posted on 12/01/2012 11:03:50 AM PST by Fightin Whitey
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To: Gritty
Since the Democrats and media howl at lowering benefits - we can just tax those benefits. They like taxes so much after all - so everyone pays a Minimum Tax, even if all their money comes from government payments.
14 posted on 12/01/2012 11:08:53 AM PST by GWynand
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To: neverdem

“No sane person could willingly countenance brutally saving a month’s worth of debt over the course of a decade.”

I have never seen humor so funny yet so sadly true at the same time. Steyn has moved to a higher plane of political commentary and he was already the best out there to begin with.


15 posted on 12/01/2012 11:10:26 AM PST by FerociousRabbit
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To: neverdem

The American People should say WE WILL ALL ASK FOR TAX EXTENSIONS AND THE GOVERNMENT WILL HAVE TO WAIT FOR OUR MONEY UNTIL OUR GOVERNMENT PASSES A BUDGET.

NO BUDGET NO TAXES


16 posted on 12/01/2012 11:16:52 AM PST by TomasUSMC ( FIGHT LIKE WW2, FINISH LIKE WW2. FIGHT LIKE NAM, FINISH LIKE NAM)
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To: TomasUSMC
NO BUDGET NO TAXES

LOL!

17 posted on 12/01/2012 11:43:21 AM PST by neverdem ( Xin loi min oi)
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To: neverdem
Mark is so mean...

Why doesn't he just let us bask in our delusion?

P. S. Note my Tagline.

18 posted on 12/01/2012 11:49:29 AM PST by Positive (Nothing is sadder than to see a beautiful theory murdered by a gang of brutal facts.)
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To: neverdem
But the budget has always been a joke anyway...

Promises to spend a certain amount based on a guess about how much income will come in and count some things as income when they are not (like social security payments) and don't count some of the spending, i.e. off budget expenditures.

19 posted on 12/01/2012 11:54:27 AM PST by Positive (Nothing is sadder than to see a beautiful theory murdered by a gang of brutal facts.)
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To: neverdem
This entire "Fiscal Cliff" jabber reminds me of one thing only - GOING GALT. If I were still working in the business world instead of being one of the 47%, I would simply close up shop and retire, or see about getting on the government payroll since they seem to never run out of Other People's Money and when they do they just borrow more or print more. This is the life.

There is very little keeping corporations inside the USA other than those working on Government classified projects. MOVE OFFSHORE. Stick it to the Government and their leeches.

Yes, I know some of the 47% earned and paid for their Socialism Security.
20 posted on 12/01/2012 12:05:56 PM PST by Cheerio (Barry Hussein Soetoro-0bama=The Complete Destruction of American Capitalism)
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