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    talaniman's Avatar
    talaniman Posts: 54,325, Reputation: 10855
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    #201

    Aug 5, 2011, 01:16 PM

    Its simple math, when the consumer who creates demand by spending, pays off his bills enough to get back to spending, then small businesses will hire again, so until then, government has to spend, and invest, and NOT cut.

    Too much cutting and not investing, or spending makes us like Europe, who ain't doing that great last I looked. Yeah that's right, fact is big corporations don't create jobs, they meet demands, and make a profit out of meeting that demand.

    The true job creators are the ordinary folks that buy stuff, and without any rise in wages in 15 years, we got mired in debts we have to pay, and that takes time. And that's where I want my tax dollars to go, not to a fat cat who is making money without me spending, and taking even more of those tax dollars in cuts that have helped him make even more money off my back.After I bailed his greedy butt out of a jam.

    You'd think he would appreciate it!!
    Synnen's Avatar
    Synnen Posts: 7,927, Reputation: 2443
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    #202

    Aug 6, 2011, 08:01 AM

    I don't want the government to bail ANY of us out, frankly.

    I don't think anyone is getting how SERIOUS the debt in this country is.

    We NEED to tax more. Tax the poor and the rich more--the middle class has put up with the squeeze for 30 years now, because there's nothing the fat cats would like more than to eliminate the middle class.

    Stop government spending on ANYTHING unnecessary and start TAXING all of that unnecessary crap by the use. Tax by use would change a lot of the ways people take crap for granted.
    excon's Avatar
    excon Posts: 21,482, Reputation: 2992
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    #203

    Aug 6, 2011, 09:06 AM
    Quote Originally Posted by Synnen View Post
    I don't want the government to bail ANY of us out, frankly.
    Hello again, Synn:

    I don't either.. But, when we LET corporations get TOO BIG TO FAIL, if we let 'em go, we go DOWN with 'em. That ain't good for us.

    So, the obvious answer to ME is, we shouldn't let 'em get that big... But, there's a LOT pushback on that notion from the right... I don't know why. Of course, my solution is right.

    Yours too. The wealthy HAVE recovered whereas the poor haven't. I think they can afford to pay a few sheckles more in taxes.

    excon
    speechlesstx's Avatar
    speechlesstx Posts: 1,111, Reputation: 284
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    #204

    Aug 6, 2011, 09:07 AM

    I would ordinarily have a comment but the moderators here now apparently speak for me.
    excon's Avatar
    excon Posts: 21,482, Reputation: 2992
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    #205

    Aug 6, 2011, 12:21 PM

    Hello again, Steve:

    So, are you going to the Christapalooza today?

    excon
    speechlesstx's Avatar
    speechlesstx Posts: 1,111, Reputation: 284
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    #206

    Aug 16, 2011, 10:18 AM
    Apparently what we need to get this economy going is a good alien invasion according to Nobel winning economist Paul Krugman.



    That's it, a nice space alien invasion would jump start the economy. Or, as Fareed Zakaria suggested, have the feds hire people to dig ditches and then fill them back up. The ultimate "shovel ready job." Zero value to it, but shovel ready.
    Wondergirl's Avatar
    Wondergirl Posts: 39,354, Reputation: 5431
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    #207

    Aug 16, 2011, 10:22 AM

    Or the wealthy kicking in with their fair share, according to Warren Buffett and a lot of wealthy people.

    "Buffett noted Monday that the mega-rich pay income taxes at a rate of 15 percent on most investment income but practically nothing in payroll taxes. The middle class, meanwhile, typically falls into the 15 percent and 25 percent income tax brackets and is hit with heavy payroll taxes. He said Washington legislators 'feel compelled to protect us, much as if we were spotted owls or some other endangered species.'

    Buffett said he knows many of the mega-rich well, and most wouldn't mind paying more in taxes, especially when so many fellow citizens are suffering."
    NeedKarma's Avatar
    NeedKarma Posts: 10,635, Reputation: 1706
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    #208

    Aug 16, 2011, 10:22 AM
    He parrots the same conservative mantra of inciting fear to reach the wanted goal. Krugman in this case makes a out-of-this-world simili while the conservatives actually do spread fear to reach their goals.
    talaniman's Avatar
    talaniman Posts: 54,325, Reputation: 10855
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    #209

    Aug 16, 2011, 10:24 AM

    Making sand bags for a future flood can't be a waste of time. What no more floods? Well even during a drought, you can have a flood.
    tomder55's Avatar
    tomder55 Posts: 1,742, Reputation: 346
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    #210

    Aug 16, 2011, 10:27 AM

    Buffett can cut a check any time he wants . He's one of those phony capitalists that the left normally belly aches about.. with his cashing in on bailouts ,subsidies and pork.

    I got an even better idea... a multi-billionaire surcharge. Anyone like Buffett and Gates who has as net worth of $40 billion ,and think they are under taxed
    Can cut a check for $39 billion to the redistributionists they loves so much .
    Wondergirl's Avatar
    Wondergirl Posts: 39,354, Reputation: 5431
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    #211

    Aug 16, 2011, 10:37 AM

    Buffett's cutting those checks -- "More than 99% of my wealth will go to philanthropy during my lifetime or at death."
    tomder55's Avatar
    tomder55 Posts: 1,742, Reputation: 346
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    #212

    Aug 16, 2011, 10:45 AM

    Good for him . Obviously he thinks that only the government is good enough to distribute our wealth... so he should have no problem giving it up now in taxes .
    He's a piece of work . Much of his wealth is coming from Goldman Sachs holdings.
    Wondergirl's Avatar
    Wondergirl Posts: 39,354, Reputation: 5431
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    #213

    Aug 16, 2011, 10:59 AM
    Quote Originally Posted by tomder55 View Post
    good for him . obviously he thinks that only the government is good enough to distribute our wealth
    So who do you want to distribute your wealth? (Pssst, YOU are the government.)
    speechlesstx's Avatar
    speechlesstx Posts: 1,111, Reputation: 284
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    #214

    Aug 16, 2011, 11:05 AM
    Quote Originally Posted by Wondergirl View Post
    Buffett's cutting those checks -- "More than 99% of my wealth will go to philanthropy during my lifetime or at death."
    How much of that philanthropy will be directed to the federal government?
    tomder55's Avatar
    tomder55 Posts: 1,742, Reputation: 346
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    #215

    Aug 16, 2011, 11:31 AM

    WG ,I think I can decide where the wealth I've earned can go . I don't begrudge the hypocrite Buffett his choice either.

    What Buffet is pushing for however is a hit others bottom line ;Not himself. He's already figured out how to pay zero taxes .
    http://us.mg5.mail.yahoo.com/neo/lau...=ce4iq36ru6tkd
    If taxed too heavily he'll direct his accountants to shelter more.

    So when I hear him call for a flat tax that eliminates the loopholes he takes full advantage of then I'll believe he's sincere.
    talaniman's Avatar
    talaniman Posts: 54,325, Reputation: 10855
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    #216

    Aug 16, 2011, 12:14 PM

    Cut the loopholes.
    speechlesstx's Avatar
    speechlesstx Posts: 1,111, Reputation: 284
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    #217

    Aug 17, 2011, 02:26 PM
    On the first leg of his 3 day campaign... I mean "economic bus tour", Obama had some mandates... oops, advice, for automakers.

    “You can’t just make money on SUVs and trucks,” Obama said during a town hall forum in Cannon Falls, Minn. “There is a place for SUVs and trucks, but as gas prices keep on going up, you have got to understand the market. People are going to try to save money.”

    Here's the guy who can't seem to prevent the stock market from taking a dive while he speaks telling automakers they "have got to understand the market."

    So what does the market say? The Ford F series pickup and the Chevy Silverado pickup occupy the first two spots as usual. Looks like pickup sales are still well ahead of anything else. There really is a place for SUV's and trucks, nos. 1, 2, 5, 8, 12, 17, 18 & 20.
    excon's Avatar
    excon Posts: 21,482, Reputation: 2992
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    #218

    Aug 17, 2011, 02:37 PM
    Hello again, Steve:

    It's a smart political move.. It stands to reason that if you limit the amount of pickups, you limit the amount of right wingers.

    excon
    speechlesstx's Avatar
    speechlesstx Posts: 1,111, Reputation: 284
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    #219

    Aug 17, 2011, 02:52 PM
    Quote Originally Posted by excon View Post
    Hello again, Steve:

    It's a smart political move.. It stands to reason that if you limit the amount of pickups, you limit the amount of right wingers.
    You'll have to pry our pickups out of our cold, dead hands. I think it's more a matter of survival, lefties don't want to be driving their little tin can hybrids on the same streets as our full size trucks... especially after his new mileage standards take effect.

    P.S. He's offering his advice to automakers while riding in a Canadian-built bus.
    excon's Avatar
    excon Posts: 21,482, Reputation: 2992
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    #220

    Aug 17, 2011, 02:55 PM
    Quote Originally Posted by speechlesstx View Post
    P.S. He's offering his advice to automakers while riding in a Canadian-built bus.
    Hello again, Steve:

    Didn't we give this guy a 747? Wassa matter? Is it in the shop?

    excon

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