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RollinstoneWhen someone says it's way over my head,I quit reading.....
LOL...Vet,sounds like my broker with all his stats and charts showing me how traditionally the market always comes back....I asked him how many $700 billion bailouts,750,000 job losses this year,credit crunches,and low consumer confidences,he had in his printout...He answered "Do you want your mutual funds to go in safe government bonds and money markets?"...Don't be comparing apples to oranges with my money .(or what's left of it)
The rising tide is rising business and industrial output. Taxes reduce business output, they don't increase it. A private enterprise is in business to make something people will purchase - I know this may be way over your head but stay with me. This output increases our standard of living. It’s an incredible miracle - just walk into any super market. The people that produce this bounty are the ones you hold in such contempt - believe me I don't get it.You seem to think anyone can create a job out of thin air. Like this renewable energy boondoogle that is being taunted as a way to create jobs. What this will do is increase the cost of electricity and more than likely make it less reliable. The government subsidies will be accompanied with the usual graft and corruption. Very large sums of government money attract swindlers like honey attracts flies. The end result is we will have a very inefficient and costly electrical system that will make us less competitive – it will be a bummer.
Should the present administration bail out the Pakis?: http://www.telegraph.co.uk/finance/fi...
I won't buy it Rollinstone I am a bottom up "rising tide lifts all ships" not trickle down.Corporations have a tax rate and using your logic,employees don't pay taxes it's the people who hire them.Trickle down economics is a concept that if you cut taxes to big business,that will some how trickle down to the lowly worker.What the corporations do is first get rid of unions,lobby Republicans for tax cuts,cut benefits, and ship jobs oversees.Never mentioned welfare that is your boogieman, I am not against Corporations making a profit but look at the trend of CEO pay to worker....The wealthy are the owners of those Corps. ,who are you trying to kid.Repeal the Bush tax cuts to the top 1% and use that money for a middle-class tax...Sounds like a winner to me.
One reason we cannot compete is because our corporations are burden with a heavy tax load. To the extent they can compete we should reduce that load. Anyway the people that pay those taxes are the employees and the consumer. The wealthy are against eliminating these taxes - they know that if the corporations aren’t paying them then they will – sounds good to me. “Trickle down economics” is that when a person can’t find a job he has to have welfare “trickle down” and keep them dependent and stuck in a rut. All the money taken in by the government is less money to create jobs in the private sector. A job gives a person a chance to advance up the economic ladder your plan, “trickle down welfare”, is a dead end...no thanks.
Here's another good one:http://online.wsj.com/article/SB12231...
I might make an occasional mistake Rollinstone, but I will not lie in my posts or blog.Why Obama's Health Plan Is Better.http://online.wsj.com/article/SB122152292213639569.htmlThe Wall Street Journal (WSJ) reports Republican nominee John McCain plans to cut Medicare and Medicaid programs by over a trillion dollars.http://www.whisperdispatch.com/news/p...Your Ron Paul course of action will never be implemented; because this nation will not cut benefits to the poor and the elderly….That is a backward step.Manufacturing jobs are a thing of the past because we cannot compete globally…The answer is being the leader in going Green….The new innovations will bring in the new tax revenues of the future.Trickle down economics, like cutting taxes to the rich corporations did not work…They took their tax cuts and sent the jobs overseas….Other private contractors set up shell Corps. in the Cayman Islands to avoid paying U.S. payroll tax,to boot.
Thanks Vet for providing that link because I am sure John McCain will use that line trying to implicate that the U. S. indiscriminately bombs villages…Sarah Palin is saying that on the stump speeches.What Obama actually said?"We've got to get the job done there and that requires us to have enough troops so that we're not just air-raiding villages and killing civilians, which is causing enormous problems.http://blogs.usatoday.com/onpolitics/...Sean Hannity always tries to twist John Kerry’s to say we terrorize the people of Iraq.Kerry saidAnd there is no reason, Bob, that young American soldiers need to be going into the homes of Iraqis in the dead of night, terrorizing kids and children, you know, women, breaking sort of the customs of the – of – the historical customs, religious customs," Kerry said Sunday. "Whether you like it or not ... Iraqis should be doing that."What would waking someone (thou necessary) at 3:00 AM do to innocent (in most cases) people?
This what the Wall Street Journal said today about Obama's Health Plan:Senator Obama’s approach has drawn sharp criticism. A Brookings Institute economist wrote in the May/June issue of Health Affairs that "such a coverage expansion -- by itself and ignoring other policies with which it might be combined -- would do nothing to reduce national health spending." That economist was Jason Furman, who is now the economic policy director of Mr. Obama's campaign. (Recently, he suggested that the Obama plan does contain some cost-saving measures.) Mr. Furman has also, in the past, touted a system of tax credits similar to Mr. McCain's to replace employer-sponsored health insurance. One estimate pegs the cost of Mr. Obama's program over 10 years at more than double the $700 billion Wall Street bailout.
Are we reading the same paper ???There's only one answer to your economic questions - THE PARTY'S OVER !Social Security is a $7 trillion un-funded mandate. Medic-Aid and Medi-Care are a staggering $35 trillion un-funded mandate. Our national debt is $10 trillion soon to be about $12 trillion. This comes to a check out bill of about $54 trillion.Tax cuts and new social spending ? Yeah right, I’ve got some mortgage backed securities I’d like to sell Yah. We need to revitalize our industrial base and manufacturing jobs. This means reducing or eliminating the taxes on businesses and corporations including payroll taxes on employment. In my opinion we are at the edge of the abyss and it would be stupid to continue on the current course.
Lol.....Better have EMS inside the arena.But McCain does have a plan...He is gonna make up with Letterman.
Looks like the Depends come off tonight,. Eewww!
Hello JohnYes, #4 is very important, but I doubt any brave legislator will want to privatize Social Security right now…lolI would like the first question answered…Social Security is the Holy Grail of politics…Thou shall not touch.”………..Florida has a larger elderly population and it looks like John just handed Obama that state…Unless he as an answer.We are in deep, deep, trouble if I was elected to office…lol