Ask Me Help Desk

Ask Me Help Desk (https://www.askmehelpdesk.com/forum.php)
-   Current Events (https://www.askmehelpdesk.com/forumdisplay.php?f=486)
-   -   The forerunner of things to come (https://www.askmehelpdesk.com/showthread.php?t=846997)

  • Dec 19, 2019, 08:11 AM
    jlisenbe
    Quote:

    Perhaps the best way to erase the National Debt: Tell the ChiComs to go burn their atheistic arses in hell and refuse to make any more payments on their loans to us!
    That's the worst idea you have ever come up with. Our financial standing in the world would be irrecoverably devastated.

    Vac, if you want this military machine we have, then tell us how to pay for it. That's what adults do. I don't go out and buy a couple of BMW's on credit and then tell my wife, "It's no problem. I borrowed the money."

    Vac, I understand your desire for a strong military and I agree with it, but we have far, far more than what we need to simply defend ourselves. Think about what you're saying. First of all, how would China get that invasion force here? It would take at least several hundred thousand men with all of their equipment, airpower, and so forth. What size fleet would that require? How many hundreds or thousands of ships? It would make the Normandy landing look like a small operation. We could cut our military by 10 or 20 percent and still have great power to defend ourselves. We need to tell the rest of the world that we are not going to go bankrupt so we can keep a military presence in every little corner of the world. They don't respect us anyway. Do you think they are grateful for what we do? Israel is, but besides them the rest of the world delights in disparaging us at every turn.
  • Dec 19, 2019, 08:28 AM
    talaniman
    Not so fast JL, you can't buy savings bonds if there is no debt to trigger the sale of them. You trying to bankrupt us or something?
  • Dec 19, 2019, 08:29 AM
    jlisenbe
    Quote:

    Not so fast JL, you can't buy savings bonds if there is no debt to trigger the sale of them. You trying to bankrupt us or something?
    I hope you mean that as a joke.
  • Dec 19, 2019, 10:19 AM
    talaniman
    Not really since given the history of savings bonds they can be sold in perpetuaty at variable interest rates and discounts safely with low risks. You may ENJOY reading these opinion pieces.
  • Dec 19, 2019, 10:50 AM
    jlisenbe
    So we should spend ourselves into oblivion so people can buy savings bonds? I don't think that's a good idea. There are many great places right now to invest. Treasury bonds are returning something like 2%, aren't they?
  • Dec 19, 2019, 11:23 AM
    talaniman
    Depends on which one you buy.
  • Dec 19, 2019, 11:39 AM
    Vacuum7
    jlisenbe: I don't have the answers I seek or the ones you seek.....I d know that we cannot fall behind TECHNOLOGICALLY, that's the line we cannot cross. Maybe we have to become more like Israel's Defense Force: Lean but strong.....but that would mean we seal our borders up and mean it...no tears, no mercy, and the leftist would go crazy because that would mean that their voter farming would begin to dry up.
  • Dec 19, 2019, 11:55 AM
    jlisenbe
    Quote:

    Maybe we have to become more like Israel's Defense Force: Lean but strong.....but that would mean we seal our borders up and mean it...no tears, no mercy, and the leftist would go crazy because that would mean that their voter farming would begin to dry up.
    I could go along with that.

    Tal, you're going to invest your money at 2.3% for 30 years???
  • Dec 19, 2019, 12:50 PM
    talaniman
    Quote:

    Originally Posted by Vacuum7 View Post
    jlisenbe: I don't have the answers I seek or the ones you seek.....I d know that we cannot fall behind TECHNOLOGICALLY, that's the line we cannot cross. Maybe we have to become more like Israel's Defense Force: Lean but strong.....but that would mean we seal our borders up and mean it...no tears, no mercy, and the leftist would go crazy because that would mean that their voter farming would begin to dry up.

    Judging from the dufus southern border strategy you're already there and dems ain't going nowhere but against you.

    Quote:

    Originally Posted by jlisenbe View Post
    I could go along with that.

    Tal, you're going to invest your money at 2.3% for 30 years???

    NO! Just pointing out it's a low risk safe bet not a wealth maker. I buy them as graduation gifts honestly, not as a long-term strategy.
  • Dec 19, 2019, 01:34 PM
    Vacuum7
    HA, HA: Nobody cares about Trump's Impeachment! WALL STREET IS SETTING RECORDS AGAIN TODAY! ECONOMY IS BOOMING! TRUMP WINS, EVEN WHEN YOU THINK HE'S LOST!
  • Dec 19, 2019, 02:16 PM
    paraclete
    Yes the non-event of the century
  • Dec 19, 2019, 03:20 PM
    talaniman
    Quote:

    Originally Posted by Vacuum7 View Post
    HA, HA: Nobody cares about Trump's Impeachment! WALL STREET IS SETTING RECORDS AGAIN TODAY! ECONOMY IS BOOMING! TRUMP WINS, EVEN WHEN YOU THINK HE'S LOST!

    Rich guys getting richer is news? How's YOUR paycheck boomed?
  • Dec 19, 2019, 03:51 PM
    paraclete
    Are you wainting for that tricle down well maybe some jobs happened the money had to go somewhere
  • Dec 19, 2019, 04:33 PM
    jlisenbe
    Quote:

    maybe some jobs happened the money had to go somewhere
    Maybe? Really?
  • Dec 19, 2019, 05:35 PM
    talaniman
    4.7 was the unemployment rate when Obama left
    3.5 is the current rate after 3 years of the dufus and the tax cuts for rich guys.
    1.2 is the difference between the two. Hmm, what am I missing here?
  • Dec 19, 2019, 06:20 PM
    paraclete
    The theory; give the rich guys a break and they will create jobs, noone believed it, but maybe if you give them enough.......look at that, a tax led recovery, or just maybe when you take the brakes off....
  • Dec 19, 2019, 06:48 PM
    jlisenbe
    Quote:

    4.7 was the unemployment rate when Obama left
    3.5 is the current rate after 3 years of the dufus and the tax cuts for rich guys.
    1.2 is the difference between the two. Hmm, what am I missing here?
    You failed to mention that the UE figures are historically low.

    Quote:

    The theory; give the rich guys a break
    The same ones who pay 86% of the income taxes?
  • Dec 19, 2019, 06:57 PM
    talaniman
    Repubs have always believed in supply side economics, AKA Reagonomics, trickledown economics. The recovery was over years ago, and as the tax cuts wind through the economy it did bolster Big Biz as they bought all their outstanding stocks back and are flush with cash, while wages barely keep pace with inflation and prices are steadily rising. Unemployment is low and has been so why are wages sluggish even as states have raised their minumum wages?

    As I have been telling JL, Corporate tax rates are nearly zero after lowering the official rate to 21%, and few pay more than 10%, so exactly what is trickling down to workers? A very discriminating economics for a consumer driven economy, and those factories haven't comeback. So you ask Big Biz about the wage gains. They surely can't use taxes are to high as an excuse, nor the cost of labor.

    You want to take the brakes off? Circulate the capital to more people.

    Quote:

    Originally Posted by jlisenbe View Post
    You failed to mention that the UE figures are historically low.

    The same ones who pay 86% of the income taxes?

    Which for some reason hasn't translated to better wages...WHY? And the deficit is out of control.
  • Dec 19, 2019, 07:14 PM
    jlisenbe
    Quote:

    Which for some reason hasn't translated to better wages...WHY? And the deficit is out of control.
    Wages have been steadily rising since 2010. The deficit was out of control from the beginning of Obama's years and every since then.
  • Dec 19, 2019, 08:16 PM
    talaniman
    You are factually correct but the size of that wage growth as compared to prices is what we are talking about.

    From 3rd link

    "But despite the strong labor market, wage growth has lagged economists’ expectations*. In fact, despite some ups and downs over the past several decades, today’s real average wage (that is, the wage after accounting for inflation) has about the same purchasing power it did 40 years ago. And what wage gains there have been have mostly flowed to the highest-paid tier of workers."


    *"The average hourly wage paid to a key group of American workers has fallen from last year when accounting for inflation, as an economy that appears strong by several measures continues to fail to create bigger paychecks, the federal government said Tuesday."
  • Dec 20, 2019, 05:36 AM
    paraclete
    Quote:

    Originally Posted by talaniman View Post
    You are factually correct but the size of that wage growth as compared to prices is what we are talking about.

    From 3rd link

    "But despite the strong labor market, wage growth has lagged economists’ expectations*. In fact, despite some ups and downs over the past several decades, today’s real average wage (that is, the wage after accounting for inflation) has about the same purchasing power it did 40 years ago. And what wage gains there have been have mostly flowed to the highest-paid tier of workers."


    *"The average hourly wage paid to a key group of American workers has fallen from last year when accounting for inflation, as an economy that appears strong by several measures continues to fail to create bigger paychecks, the federal government said Tuesday."

    ah the fabled paycheck, and every unionist dream of getting a true raise
  • Dec 20, 2019, 05:41 AM
    jlisenbe
    Going from 20.25 to 22.65 sounds like higher wages to me. And that article has data that is 18 months old. I wonder what the last 18 months have done to change the picture.
  • Dec 20, 2019, 06:35 AM
    talaniman
    When you get it post it and so will I, as well as the corresponding CPI.

    Quote:

    Originally Posted by paraclete View Post
    ah the fabled paycheck, and every unionist dream of getting a true raise

    To not be concerned with rising prices and cost of living is insane and a raise is the honest way to keep up, or have a chance to.
  • Dec 21, 2019, 06:01 AM
    paraclete
    Quote:

    Originally Posted by talaniman View Post
    When you get it post it and so will I, as well as the corresponding CPI.



    To not be concerned with rising prices and cost of living is insane and a raise is the honest way to keep up, or have a chance to.

    just more OPM
  • Dec 21, 2019, 06:53 AM
    talaniman
    No this is MY money we're talking about of which steadily rising prices has always been an issue.
  • Dec 21, 2019, 09:16 AM
    jlisenbe
    Funny how you consider your money to be YOURS, but the money of the wealthy somehow belongs to everyone.
  • Dec 21, 2019, 02:05 PM
    talaniman
    Says the guy who is always hollering about HIS money being taken and given to someone else. No beetch about the rich getting it, but don't give it to a poor person! I'll just add that to the more riducules things you say, and I suppose the fuzzy math of hard working rich guys paying too much taxes will follow that allegation.
  • Dec 21, 2019, 05:08 PM
    jlisenbe
    Quote:

    Says the guy who is always hollering about HIS money being taken and given to someone else.
    You are wrong as usual. My beef is with people who want to brag about their wonderful charity because they are willing to take someone else's money to give to a third party.

    Quote:

    No beetch about the rich getting it, but don't give it to a poor person!
    I have no problem with people making a lot of money as long as they do it honestly. I object to people like you who want to give away the money of the wealthy but want to hold on to your own.

    Quote:

    I'll just add that to the more riducules things you say, and I suppose the fuzzy math of hard working rich guys paying too much taxes will follow that allegation.
    Right. The top 20% still pay about 85% of income taxes. Plug that into your fuzzy math.
  • Dec 21, 2019, 05:16 PM
    paraclete
    Quote:

    Right. The top 20% still pay about 85% of income taxes. Plug that into your fuzzy math

    .

    Are we going down this tired old road again, find a new argument? The rich will always pay more they have more, more income, more money, there is a price to success and it is taxation do you honestly think the top 20% should pay only 20%, that would tax the rest into extinction. Ah at last I see your plan
  • Dec 22, 2019, 07:27 AM
    talaniman
    JL loves to cherry pick his data as evidence to justify whatever is done he likes. It's not the rich guys fault that the crumbs from a rich guys table isn't enough to keep make the rest of the economy florish as fast as those wealthy folks, Yeah they pay big taxes because they have big money and even BIGGER wealth.

    You get crickets though if you ask why Big Biz pays NO taxes though. LOL, you think wages would show any gains at all if states had not stepped in, JL? Rich guys have been raising their own "wages" for decades (RE; FOREVER) no matter what's going on in the world, while you get sent the bill, and NO raise, or so little you get excited about 50 cents.

    Yet my math is fuzzy? It's like sailing off the edge of the earth, and explaining how you got back on again when you got back.
  • Dec 22, 2019, 02:50 PM
    paraclete
    No Tal you can't win an argument that business should pay more tax
  • Dec 22, 2019, 04:15 PM
    jlisenbe
    Quote:

    Are we going down this tired old road again, find a new argument? The rich will always pay more they have more, more income, more money, there is a price to success and it is taxation do you honestly think the top 20% should pay only 20%
    Actually they pay 86% percent of the taxes but don't even come close to making 86% of the income, so your reasoning is completely faulty.

    Quote:

    JL loves to cherry pick his data as evidence to justify whatever is done he likes. It's not the rich guys fault that the crumbs from a rich guys table isn't enough to keep make the rest of the economy florish as fast as those wealthy folks, Yeah they pay big taxes because they have big money and even BIGGER wealth.
    Definition of "cherry picking" data is when someone presents data for which you have no answer whatsoever, and data which completely disproves your ridiculous contention that the wealthy do not pay their fair share.

    Quote:

    You get crickets though if you ask why Big Biz pays NO taxes though. LOL, you think wages would show any gains at all if states had not stepped in, JL? Rich guys have been raising their own "wages" for decades (RE; FOREVER) no matter what's going on in the world, while you get sent the bill, and NO raise, or so little you get excited about 50 cents.
    "Big Biz" pays no taxes? Really? Where did you get that ridiculous idea? Corporate taxes amounted to over 250 billion dollars last year. I guess that is the fantasy world for liberal dems in which it somehow equates to "NO taxes". LOL.

    "you get excited about 50 cents." No one said anything about a 50 cent raise. Your fantasy world is kicking in again.
  • Dec 22, 2019, 06:42 PM
    paraclete
    Quote:

    Corporate taxes amounted to over 250 billion dollars last year.
    fancy that, a whole 250 billion dollars, what percentage of their net profit was that I wonder?
  • Dec 22, 2019, 07:08 PM
    jlisenbe
    A person can argue it is not enough, but to say they pay "nothing" is ridiculous. Besides, corporate profits are taxed when they are passed out as dividends so it all comes out in the wash.
  • Dec 23, 2019, 05:29 AM
    talaniman
    No it doesn't and you know it. You act like they have all those lawyers and accountants just to be fair, and would never think up ways to exploit the law for their own profits. Pretty niave of you. At least the dufus admitted he pays as small a tax amount as possible and we know he is a crrook who has all kinds of schemes he uses to make it so.
  • Dec 23, 2019, 05:36 AM
    jlisenbe
    Quote:

    At least the dufus admitted he pays as small a tax amount as possible
    Just like you.
  • Dec 23, 2019, 06:38 AM
    talaniman
    I got no tax lawyers, accountants, or control over the tax law nor the resources or time to exploit it. I am just an ordinary citizen subject to the law. Just like you. I like the way you cherry pick a post and comment and iignore dismiss the rest.

    Quote:

    At least the dufus admitted he pays as small a tax amount as possible and we know he is a crook who has all kinds of schemes he uses to make it so.
    No he ain't just like me!
  • Dec 23, 2019, 06:42 AM
    jlisenbe
    Quote:

    No he ain't just like me!
    Of course he is. You both have the same goal which is to pay as little in taxes as possible. You claim he uses illegal schemes and yet you have no evidence of that at all. When I propose a flat tax, which would do away with the opportunities for those armies of lawyers you refer to, you have a fit and nearly pass out because you realize your taxes might go up. You are the typical liberal. You want to raise taxes on everyone but yourself.

    Quote:

    I got no tax lawyers, accountants, or control over the tax law nor the resources or time to exploit it.
    You have as much control over the tax laws as the wealthy. It's called "voting". One man, one vote.
  • Dec 23, 2019, 07:27 AM
    talaniman
    Quote:

    Originally Posted by jlisenbe View Post
    Of course he is. You both have the same goal which is to pay as little in taxes as possible. You claim he uses illegal schemes and yet you have no evidence of that at all. When I propose a flat tax, which would do away with the opportunities for those armies of lawyers you refer to, you have a fit and nearly pass out because you realize your taxes might go up. You are the typical liberal. You want to raise taxes on everyone but yourself.

    You love to exaggerate my positions and that's not okay, as paying less taxes is hardly a realistic priority in my life simply given my simple income and life style, but I can bet you the dufus also has schemes to hide any evidence of whatever he is doing, IE don't release your tax returns, and don't let certain witnesses testify. You know scrutiny rather than take his word for it or even accept his word he isn't willing to VERIFY. No never passed out over any of your posts but do get mildly amused. Yeah I would raise taxes on everybody even myself and not just pay down the debt but raise people out of poverty, for REAL! That's what liberals think. A simple task of circulating the money better as opposed to leaving it to the rich guys to trickle down.

    Quote:

    You have as much control over the tax laws as the wealthy. It's called "voting". One man, one vote.
    How naive of you. You don't even know what a congressman senator or president you elect costs now a days. Rich guys do and can afford to pay them whatever they want to get whatever they want at a profit. Vote away that's all you can do, but ordinary folks don't have the money to corrupt your elected official.

    Next you'll tell me rich guys don't do that. Don't pass out when you find out the truth! I should have added politicians to that army of lawyers and accountants that rich guys employ to get what they want...MO'MONEY! Not saying all rich guys are nefarious, but the tax law is written so they can be if they want to be, and no doubt the all legally can.
  • Dec 23, 2019, 08:38 AM
    jlisenbe
    Quote:

    You love to exaggerate my positions and that's not okay, as paying less taxes is hardly a realistic priority in my life simply given my simple income and life style, but I can bet you the dufus also has schemes to hide any evidence of whatever he is doing, IE don't release your tax returns, and don't let certain witnesses testify. You know scrutiny rather than take his word for it or even accept his word he isn't willing to VERIFY. No never passed out over any of your posts but do get mildly amused. Yeah I would raise taxes on everybody even myself and not just pay down the debt but raise people out of poverty, for REAL! That's what liberals think. A simple task of circulating the money better as opposed to leaving it to the rich guys to trickle down.
    I didn't exagerrate your position. Go back and read what you posted. Why should Trump release his tax returns? It's his private business. The IRS has reviewed all of them and found nothing illegal. As for raising people out of poverty, after several decades of the Great Society programs and trilions of dollars spent, we have learned by now, I hope, that you cannot raise people out of poverty. They have to do that themselves.

    Quote:

    Next you'll tell me rich guys don't do that. Don't pass out when you find out the truth! I should have added politicians to that army of lawyers and accountants that rich guys employ to get what they want...MO'MONEY! Not saying all rich guys are nefarious, but the tax law is written so they can be if they want to be, and no doubt the all legally can.
    Most of the wealthy now are liberal democrats, so your theory does not hold water.

  • All times are GMT -7. The time now is 07:11 AM.