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(Philly Burbs)   Fiscal cliff? Cuts to defense spending? No worries, say lawmakers, we'll just give all our defense contractor friends juicy new contracts just in time for Christmas   (phillyburbs.com) divider line 22
    More: Obvious, Lockheed Martin, Moorestown, Aegis, no worries, Rob Andrews, House Armed Services Committee, sailors, lawmakers  
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854 clicks; posted to Politics » on 29 Nov 2012 at 12:18 PM (1 year ago)   |  Favorite    |   share:  Share on Twitter share via Email Share on Facebook   more»



22 Comments   (+0 »)
   
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2012-11-29 09:52:36 AM
And this is way raising taxes will never work. They'll just spend it all then some. Cuts and a balanced budget amendment is the only way to go.

What about the government made you believe that they would be better this time?
 
2012-11-29 10:11:18 AM
Manufactured outrage, subby. Contracts of this size take months to years to put in place.

While I'm all for DoD getting a bit of a haircut, this is precicely the kind of thing we should be spending money on. AEGIS is a mature system that truly is the foundation of the Navy's combat capability.
 
2012-11-29 10:20:50 AM
www.dailysquib.co.uk
 
2012-11-29 12:20:58 PM
Funny thing... all those contracts can be canceled at the convenience of the government.
 
2012-11-29 12:22:30 PM
1.bp.blogspot.com

/not surprised
 
2012-11-29 12:26:35 PM

The Stealth Hippopotamus: And this is way raising taxes will never work. They'll just spend it all then some. Cuts and a balanced budget amendment is the only way to go.

What about the government made you believe that they would be better this time?


What do you want to cut?

/difficulty: no bullshiat "CUT EVERYTHING!" Name specifics.
 
2012-11-29 12:30:37 PM

The Stealth Hippopotamus: And this is way raising taxes will never work. They'll just spend it all then some. Cuts and a balanced budget amendment is the only way to go.

What about the government made you believe that they would be better this time?


Please explain how a "balanced budget amendment" would enable the government to acquire debt when economically necessary.
 
2012-11-29 12:31:18 PM
Off topic, but at the top of the page for me:

pagead2.googlesyndication.com

They're actually spending advertising dollars on Benghazi. In a non-election season. Thanks for racing to the bottom to represent my state, Lindsey.
 
2012-11-29 12:36:54 PM

clkeagle: Funny thing... all those contracts can be canceled at the convenience of the government.


Doesn't mean we don't have to pay for all costs already incurred and profit on those costs. You can bet for supplies, plenty of companies order as much of the raw materials up front so they can bill in the event of a Termination for Convenience.
 
2012-11-29 12:48:22 PM

The Stealth Hippopotamus: And this is way raising taxes will never work. They'll just spend it all then some. Cuts and a balanced budget amendment is the only way to go.

What about the government made you believe that they would be better this time?


http://www.youtube.com/watch?v=cWt8hTayupE

Which penny do you want to remove?

You also sound like a moron with no factual understanding of economics or government. Just letting you know.
 
2012-11-29 12:54:49 PM

justtray: You also sound like a moron with no factual understanding of economics or government. Just letting you know.


You could have just said "Republican".
 
2012-11-29 12:57:52 PM

The Dreaded Rear Admiral: They're actually spending advertising dollars on Benghazi. In a non-election season.


On Fark. :)
 
2012-11-29 12:58:43 PM
At least the Aegis missile system is something we really use as opposed to building more outdated fighter jets or Mitt's idea of building a shiatload more ships so we can catch up the numbers of the 1920's Navy.
 
2012-11-29 01:18:41 PM

nmemkha: [1.bp.blogspot.com image 400x396]

/not surprised


There's a distinct possibility that he may rise from the dead, and eviscerating some folks on the floors of the house.

At least, that's how it goes in my head.

/he brings Zombie Teddy Roosivelt with him
Link
 
2012-11-29 01:20:24 PM
fark.

hit add comment instead of preview...

now with in-thread picture

i.imgur.com
 
2012-11-29 01:28:44 PM
clkeagle
Funny thing... all those contracts can be canceled at the convenience of the government.


Funnier thing - that almost never happens. After all the rigamarole that goes into getting the contracts, the cost is often greater to justify (legally) the "convenience" of cancelling, or to cancel and start another new procurement action than it is to stick with something that is useless and/or non-performing.
 
2012-11-29 01:38:12 PM
$60 mil isn't squat subby. Granted I'll take it, but it is a drop in the bucket once you start building missiles.
 
2012-11-29 01:51:39 PM

maniacbastard: $60 mil isn't squat subby. Granted I'll take it, but it is a drop in the bucket once you start building missiles.


My township spent a whole lot more to build a high school.
 
2012-11-29 02:16:54 PM

Dimensio: The Stealth Hippopotamus: And this is way raising taxes will never work. They'll just spend it all then some. Cuts and a balanced budget amendment is the only way to go.

What about the government made you believe that they would be better this time?

Please explain how a "balanced budget amendment" would enable the government to acquire debt when economically necessary.


It's never necessary. Stock money away during boom times, and have something to draw down on during recession. Don't laugh; we did it for two years under Clinton.
 
2012-11-29 02:28:52 PM
I just don't understand the need for such a large military. Seems like you could have 1 nuke and a few fighter jets/ships with regular missiles and say 'hey if you fark with us, you gonna get nuked like the Japs'

Mutually assured destruction created by nuclear weapons really eliminates the need for traditional military forces.
 
2012-11-29 03:50:17 PM

HeartBurnKid: What do you want to cut?

/difficulty: no bullshiat "CUT EVERYTHING!" Name specifics.



Well you can draw down everything. Our main problem is the line item budgeting we are doing now! Just because you sent X one year and we increase for inflation doesn't mean you need X+4% this next year. This kind of wasteful spending is just stupid.

Also cut the Board of Education, f-ing gut the DOT, the department of Agriculture would get a major trimming and The department of Homeland Security wouldn't have a single stick of new capital.

Tommy Moo: It's never necessary. Stock money away during boom times, and have something to draw down on during recession. Don't laugh; we did it for two years under Clinton.


But then we can fly to everyone's recuse all over the world!! Then what would happen? Everyone would hate us! oh, wait, never-mind they hate us already.



Guess what, we are not going to get out of this mess by just taxing 1% of the population. Just isn't going to happen. We need a new national sales taxes directed solely to the paying off of the national debt. That way everyone gets to kick in. You cant dodge a sales tax! (yeah how many of you are going to start your own religion?) It doesn't matter if you are illegal or just dont file or pay taxes! You have to pay the sales tax.

I like Reagan's idea of one dollar of tax increase for everyone 4 dollars of cuts. If we actually did that then we would have a chance
 
2012-11-29 04:43:11 PM
Subby has no idea how procurement works, and writes headline that conveys nothing of value.

What a surprise. Here on Fark, no less. Shocking.

The Stealth Hippopotamus: Guess what, we are not going to get out of this mess by just taxing 1% of the population. Just isn't going to happen. We need a new national sales taxes directed solely to the paying off of the national debt. That way everyone gets to kick in. You cant dodge a sales tax! (yeah how many of you are going to start your own religion?) It doesn't matter if you are illegal or just dont file or pay taxes! You have to pay the sales tax.

I like Reagan's idea of one dollar of tax increase for everyone 4 dollars of cuts. If we actually did that then we would have a chance


An effective way to tax illegals, but far too regressive to be practical. Money in the hands of the poor and middle class has been proven time and again to be better for the economy that more money in the hands of the rich, not even counting the other societal benefits like not having hordes of poor people starving in alleys behind what used to be their homes.

As for taxing mostly the rich to solve the budget after reasonable spending cuts, of course we could, and anyone who says otherwise is either a fool or lying. The method, of course, is an asset tax. Even with a flat (aka fair) rate, and asset tax would be highly progressive and would completely circumvent all the ways the rich and corporations have come up with to reclassify their money as non-income so they don't pay their fair share.

The US has almost $60 trillion in wealth, of which over 35% is owned by the top 1% and another 55% by the next 19% (leaving barely 10% for the bottom 80% of the country). Even a 1-2% tax would solve the vast majority of the country's funding problems, by tapping into the vast reserve of money hoarded by the rich that they never pay any tax on at all.


As to your 1:4 ratio, I'm just going to go out on a limb and assume you're not going to count all the cuts already made that the GOP has refused to balance with revenue increases already.
 
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