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Warren Buffett: I could end the deficit in 5 minutes.

Interesting.

I have some views on this, but am stepping out the door. Perhaps I'll come back to this later.
 
back to trimming the deficit for a moment, here's one guy's idea: make all middle class (and above) kids pay $50,000 as sort of payback for everything their parents invested in them

https://online.wsj.com/article/SB10001424052702304760604576427891677779226.html

The basic argument is that by leaving our children and/or our grandchildren with enormous bills to pay, we are ripping an otherwise gleaming future right out of their pudgy little hands. This is unconscionable, we are told. This is immoral. This is not the American way.

Who are they kidding? I'm sure that I speak for many when I say that I do not mind leaving my children saddled with debt. After all, they didn't mind saddling me with it....


...Payback time, dude.

No, I do not believe it is right to saddle our children and unborn grandchildren with monstrous, crushing debt. No, I do not want to leave my kids stuck with a bill for millions of dollars. But something like 50 grand seems fair. Charge every middle-class kid 50 grand for the privilege of living in the amazing society that their parents and grandparents created, and our deficit will vanish overnight....


...You wanna live here? You wanna party here? You wanna drink all your parents' beer while they're away on vacation in some crummy motel, trying to recuperate from 50 weeks of pressing their noses to the grindstone to cover your college education?

Pony up.
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this guy seems a little bitter, don't you think? maybe too much time at Chuck E. Cheese...
 
anyhow, more pertinent to some of the discussion in this thread, I know there's a common saying that "All politics is local" but still, there's a big difference between local politics (school boards, city councils, library boards etc) and politics at state and national levels. Seems that most of those who serve locally have that as their ultimate goal, though there are some who use it as a springboard for higher office

(Sarah Palin is a prime example, but there are certainly many others...)

and certainly at the local level, you also see those who use their office as a personal "fiefdom" of sorts and become entrenched not only in their jobs, but in the perks and power that come with their position
 
moevillini said:
anyhow, more pertinent to some of the discussion in this thread, I know there's a common saying that "All politics is local" but still, there's a big difference between local politics (school boards, city councils, library boards etc) and politics at state and national levels. Seems that most of those who serve locally have that as their ultimate goal, though there are some who use it as a springboard for higher office

(Sarah Palin is a prime example, but there are certainly many others...)

and certainly at the local level, you also see those who use their office as a personal "fiefdom" of sorts and become entrenched not only in their jobs, but in the perks and power that come with their position
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I really don't think Sarah had it in mind to be a VP candidate or even governor when she got involved in the PTA and then local politics. Some of the time power players look for local candidates they can press into "service" at a higher level.
 
Millsapa said:
I really don't think Sarah had it in mind to be a VP candidate or even governor when she got involved in the PTA and then local politics. Some of the time power players look for local candidates they can press into "service" at a higher level.
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That doesn't mean she's not ****ing retarded
 
moevillini said:
this guy seems a little bitter, don't you think? maybe too much time at Chuck E. Cheese...
Click to expand...

If he really paid $140,000 on an undergraduate college education then he's a moron.

I went to one of those fancy schools (and not that long ago) and, including all student loan debt I personally took on, the total financial impact on my family was approximately 1/3rd of that amount.

I predict his solution would lead to a wave of bankruptcy filings.
 
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