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OT Confiscatory taxation
On Mar 23, 12:21*am, "Calif Bill" wrote:
"wf3h" wrote in message ... On Mar 22, 12:49 am, "Calif Bill" wrote: "wf3h" wrote in message .... On Mar 21, 9:52 pm, "Calif Bill" wrote: "wf3h" wrote in message bush was president for about 2800 days. obama's been president for 60. even you should be able to do the math. republicans reagan, bush and bush have nearly bankrupted this country.. clinton was the only president in recent history to balance the budget. bush starved the middle class to feed his friends at exxon. now we're paying the price Clinton did not balance the budget!!! He looked like it, but even worse he allowed spending to grow a lot more under his watch than it should of.. gee whiz...how much is 'than it should have'? because bush ballooned the budget out of control with his war in iraq, his tax cuts for the super rich, etc. He was the fortunate recipient of tons of revenue from the Dot.com boom that's called the 'economy'. it happens. Nope, it was a financial disaster. Similar to what we have now, not as big. And caused by the same Fed screw ups on interest rates. Iraq cost less in 7 years than Obama and this Congress have spent in the last 60 days. iraq costs are estimated anywhere from 1-3 trillion dollars. and you're saying that's irrelevant? i dont think so. and they did not 'spend' this in the last 60 days. this will be spent over the next *year or so. that's called a 'budget'. What are your feelings one what that is going to do for the "Economy"?- keynesian economics works. milton friedman's monetary policy worked to a certain degree but the fed is out of options at this point since its interest rate is now about zero. ************** The Trillion is not the budget. *That is separate pork.- Hide quoted text - to a keynesian, it's irrelevant. |
OT Confiscatory taxation
"wf3h" wrote in message ... On Mar 23, 12:21 am, "Calif Bill" wrote: "wf3h" wrote in message ... On Mar 22, 12:49 am, "Calif Bill" wrote: "wf3h" wrote in message ... On Mar 21, 9:52 pm, "Calif Bill" wrote: "wf3h" wrote in message bush was president for about 2800 days. obama's been president for 60. even you should be able to do the math. republicans reagan, bush and bush have nearly bankrupted this country. clinton was the only president in recent history to balance the budget. bush starved the middle class to feed his friends at exxon. now we're paying the price Clinton did not balance the budget!!! He looked like it, but even worse he allowed spending to grow a lot more under his watch than it should of. gee whiz...how much is 'than it should have'? because bush ballooned the budget out of control with his war in iraq, his tax cuts for the super rich, etc. He was the fortunate recipient of tons of revenue from the Dot.com boom that's called the 'economy'. it happens. Nope, it was a financial disaster. Similar to what we have now, not as big. And caused by the same Fed screw ups on interest rates. Iraq cost less in 7 years than Obama and this Congress have spent in the last 60 days. iraq costs are estimated anywhere from 1-3 trillion dollars. and you're saying that's irrelevant? i dont think so. and they did not 'spend' this in the last 60 days. this will be spent over the next year or so. that's called a 'budget'. What are your feelings one what that is going to do for the "Economy"?- keynesian economics works. milton friedman's monetary policy worked to a certain degree but the fed is out of options at this point since its interest rate is now about zero. ************** The Trillion is not the budget. That is separate pork.- Hide quoted text - to a keynesian, it's irrelevant. **** to you it is ignorance. |
OT Confiscatory taxation
"Don White" wrote in message ... "Calif Bill" wrote in message ... "Don White" wrote in message ... "BAR" wrote in message ... You claim to follow economics so please tell us a country where central planning and tight government control has brought the kind of prosperity that the USA has seen to this point. All I am looking for is the name of the country that is socialist or communist that has a higher standard of living than the USA. Maybe you feel you have a high standard of living..what with your two BMWs and excessive income ( as you boast about). What about all the American families that have to get by on less than $70K per year....or even $50K? I'm sure they don't feel their standard of living is all that great. Richard did not come from wealth from what I read. He worked hard, took chances and scored. Took a lot of years. I worked and paid my way through university. Took 10 years. I worked overtime, bought a business that my buddy and I ran that for years while still keeping our other jobs. I am comfortable, maybe not as comfortable as Eisboch, but he worked hard. You, on the other hand, were a 40 hour a week if that Crown Employee. Did not gamble a lot of your money and assets on running a business or growing a business. Did not work 60-80 hours a week working. My nephew, works a couple days a week, did not finish college, and complains of no money. No work ethic. A major problem in the poor in this country. Why work hard when society will give you the equivalent of about $18k a year, including medical. And you can work side jobs for cash. Why we have 4 and 5 generation welfare families. An about 60% high school drop out rate in areas of the country. Lots of families live on less than $50k a year. But they do not buy expensive cars, or even new economy cars. They live in 1100 ' sq houses, and not McMansions. They live within their means. Too many want the life style of the rich and famous without the work required. Some are there because of circumstances. A bad illness in the family, etc. But those are a minority. Most are there because of a bad work ethic. Even the lower IQ people hold a lot of decent paying jobs. They can not be an electrical engineer, but they can clerk at a department store, take money at the 7/11, etc. Why do we see so many immigrants running grocery stores, donut shops, nail salons, and other hard, time consuming business endevors. Because they have a work ethic. Plus they do not overspend. Live within their means. You leased a truck 3 years ago. Now bought a Rav4. How much a year has those vehicles cost you? I just bought a new Vensa for the wife. Nice car by the way. $38k sticker. Replacing a 1996 car with 145k miles. What is my cost of vehicles per year? Drinking again Kalif Swill?? I was replying to..and referring to *BAR* with my comments. I would have assumed you were drinking, but I think you are just stupid. |
OT Confiscatory taxation
On Mar 23, 6:07*pm, "Calif Bill" wrote:
"wf3h" wrote in message ... On Mar 23, 12:21 am, "Calif Bill" wrote: "wf3h" wrote in message .... On Mar 22, 12:49 am, "Calif Bill" wrote: "wf3h" wrote in message .... On Mar 21, 9:52 pm, "Calif Bill" wrote: "wf3h" wrote in message bush was president for about 2800 days. obama's been president for 60. even you should be able to do the math. republicans reagan, bush and bush have nearly bankrupted this country. clinton was the only president in recent history to balance the budget. bush starved the middle class to feed his friends at exxon. now we're paying the price Clinton did not balance the budget!!! He looked like it, but even worse he allowed spending to grow a lot more under his watch than it should of. gee whiz...how much is 'than it should have'? because bush ballooned the budget out of control with his war in iraq, his tax cuts for the super rich, etc. He was the fortunate recipient of tons of revenue from the Dot.com boom that's called the 'economy'. it happens. Nope, it was a financial disaster. Similar to what we have now, not as big. And caused by the same Fed screw ups on interest rates. Iraq cost less in 7 years than Obama and this Congress have spent in the last 60 days. iraq costs are estimated anywhere from 1-3 trillion dollars. and you're saying that's irrelevant? i dont think so. and they did not 'spend' this in the last 60 days. this will be spent over the next year or so. that's called a 'budget'. What are your feelings one what that is going to do for the "Economy"?- keynesian economics works. milton friedman's monetary policy worked to a certain degree but the fed is out of options at this point since its interest rate is now about zero. ************** The Trillion is not the budget. That is separate pork.- Hide quoted text - to a keynesian, it's irrelevant. **** to you it is ignorance.- IOW you've never taken an economics course... figures. that's why you believe the right wing lunacy |
OT Confiscatory taxation
"Calif Bill" wrote in message m... "Don White" wrote in message ... "Calif Bill" wrote in message ... "Don White" wrote in message ... "BAR" wrote in message ... You claim to follow economics so please tell us a country where central planning and tight government control has brought the kind of prosperity that the USA has seen to this point. All I am looking for is the name of the country that is socialist or communist that has a higher standard of living than the USA. Maybe you feel you have a high standard of living..what with your two BMWs and excessive income ( as you boast about). What about all the American families that have to get by on less than $70K per year....or even $50K? I'm sure they don't feel their standard of living is all that great. Richard did not come from wealth from what I read. He worked hard, took chances and scored. Took a lot of years. I worked and paid my way through university. Took 10 years. I worked overtime, bought a business that my buddy and I ran that for years while still keeping our other jobs. I am comfortable, maybe not as comfortable as Eisboch, but he worked hard. You, on the other hand, were a 40 hour a week if that Crown Employee. Did not gamble a lot of your money and assets on running a business or growing a business. Did not work 60-80 hours a week working. My nephew, works a couple days a week, did not finish college, and complains of no money. No work ethic. A major problem in the poor in this country. Why work hard when society will give you the equivalent of about $18k a year, including medical. And you can work side jobs for cash. Why we have 4 and 5 generation welfare families. An about 60% high school drop out rate in areas of the country. Lots of families live on less than $50k a year. But they do not buy expensive cars, or even new economy cars. They live in 1100 ' sq houses, and not McMansions. They live within their means. Too many want the life style of the rich and famous without the work required. Some are there because of circumstances. A bad illness in the family, etc. But those are a minority. Most are there because of a bad work ethic. Even the lower IQ people hold a lot of decent paying jobs. They can not be an electrical engineer, but they can clerk at a department store, take money at the 7/11, etc. Why do we see so many immigrants running grocery stores, donut shops, nail salons, and other hard, time consuming business endevors. Because they have a work ethic. Plus they do not overspend. Live within their means. You leased a truck 3 years ago. Now bought a Rav4. How much a year has those vehicles cost you? I just bought a new Vensa for the wife. Nice car by the way. $38k sticker. Replacing a 1996 car with 145k miles. What is my cost of vehicles per year? Drinking again Kalif Swill?? I was replying to..and referring to *BAR* with my comments. I would have assumed you were drinking, but I think you are just stupid. Don't think...it's not your strong suit! |
OT Confiscatory taxation
Calif Bill wrote:
"Don White" wrote in message ... "Calif Bill" wrote in message ... "Don White" wrote in message ... "BAR" wrote in message ... You claim to follow economics so please tell us a country where central planning and tight government control has brought the kind of prosperity that the USA has seen to this point. All I am looking for is the name of the country that is socialist or communist that has a higher standard of living than the USA. Maybe you feel you have a high standard of living..what with your two BMWs and excessive income ( as you boast about). What about all the American families that have to get by on less than $70K per year....or even $50K? I'm sure they don't feel their standard of living is all that great. I don't have two BMWs. I have a 1997 Dodge Grand Caravan, 2001 Ford F-150, and a 2009 Jeep Patriot. 15% of my income goes into a 401k before it ever hits my bank account, I don't have a retirement plan I have to fund my own. I put another large chunk of my after tax money into 529's for my daughters college educations. What's left over is what I have to live on. You try living with a wife who gives all of your money to charity and daughters who give what's left over of your money to various clothing vendors at the local mall. When I have talked about the money I earn I do so to let the Harry Krause know that even though he has his alleged "Ivy League" education that little old me with just a high school diploma can succeed in life with hard work and determination. |
OT Confiscatory taxation
wf3h wrote:
On Mar 23, 6:07 pm, "Calif Bill" wrote: "wf3h" wrote in message ... On Mar 23, 12:21 am, "Calif Bill" wrote: "wf3h" wrote in message .... On Mar 22, 12:49 am, "Calif Bill" wrote: "wf3h" wrote in message .... On Mar 21, 9:52 pm, "Calif Bill" wrote: "wf3h" wrote in message bush was president for about 2800 days. obama's been president for 60. even you should be able to do the math. republicans reagan, bush and bush have nearly bankrupted this country. clinton was the only president in recent history to balance the budget. bush starved the middle class to feed his friends at exxon. now we're paying the price Clinton did not balance the budget!!! He looked like it, but even worse he allowed spending to grow a lot more under his watch than it should of. gee whiz...how much is 'than it should have'? because bush ballooned the budget out of control with his war in iraq, his tax cuts for the super rich, etc. He was the fortunate recipient of tons of revenue from the Dot.com boom that's called the 'economy'. it happens. Nope, it was a financial disaster. Similar to what we have now, not as big. And caused by the same Fed screw ups on interest rates. Iraq cost less in 7 years than Obama and this Congress have spent in the last 60 days. iraq costs are estimated anywhere from 1-3 trillion dollars. and you're saying that's irrelevant? i dont think so. and they did not 'spend' this in the last 60 days. this will be spent over the next year or so. that's called a 'budget'. What are your feelings one what that is going to do for the "Economy"?- keynesian economics works. milton friedman's monetary policy worked to a certain degree but the fed is out of options at this point since its interest rate is now about zero. ************** The Trillion is not the budget. That is separate pork.- Hide quoted text - to a keynesian, it's irrelevant. **** to you it is ignorance.- IOW you've never taken an economics course... figures. that's why you believe the right wing lunacy What class do you need to take to know that increasing taxes depletes the available capital for private sector growth. |
OT Confiscatory taxation
On Mar 23, 8:18*pm, BAR wrote:
wf3h wrote: On Mar 23, 6:07 pm, "Calif Bill" wrote: "wf3h" wrote in message .... On Mar 23, 12:21 am, "Calif Bill" wrote: "wf3h" wrote in message ..... On Mar 22, 12:49 am, "Calif Bill" wrote: "wf3h" wrote in message .... On Mar 21, 9:52 pm, "Calif Bill" wrote: "wf3h" wrote in message bush was president for about 2800 days. obama's been president for 60. even you should be able to do the math. republicans reagan, bush and bush have nearly bankrupted this country. clinton was the only president in recent history to balance the budget. bush starved the middle class to feed his friends at exxon. now we're paying the price Clinton did not balance the budget!!! He looked like it, but even worse he allowed spending to grow a lot more under his watch than it should of. gee whiz...how much is 'than it should have'? because bush ballooned the budget out of control with his war in iraq, his tax cuts for the super rich, etc. He was the fortunate recipient of tons of revenue from the Dot.com boom that's called the 'economy'. it happens. Nope, it was a financial disaster. Similar to what we have now, not as big. And caused by the same Fed screw ups on interest rates. Iraq cost less in 7 years than Obama and this Congress have spent in the last 60 days. iraq costs are estimated anywhere from 1-3 trillion dollars. and you're saying that's irrelevant? i dont think so. and they did not 'spend' this in the last 60 days. this will be spent over the next year or so. that's called a 'budget'. What are your feelings one what that is going to do for the "Economy"?- keynesian economics works. milton friedman's monetary policy worked to a certain degree but the fed is out of options at this point since its interest rate is now about zero. ************** The Trillion is not the budget. That is separate pork.- Hide quoted text - to a keynesian, it's irrelevant. **** to you it is ignorance.- IOW you've never taken an economics course... figures. that's why you believe the right wing lunacy What class do you need to take to know that increasing taxes depletes the available capital for private sector growth.- which, of course, is wrong. this is as stupid as saying that entropy always increases. taxes can INCREASE capital if they are an investment in a 'common good' like a road, hospital or school |
OT Confiscatory taxation
wf3h wrote:
On Mar 23, 8:18 pm, BAR wrote: wf3h wrote: On Mar 23, 6:07 pm, "Calif Bill" wrote: "wf3h" wrote in message .... On Mar 23, 12:21 am, "Calif Bill" wrote: "wf3h" wrote in message ..... On Mar 22, 12:49 am, "Calif Bill" wrote: "wf3h" wrote in message .... On Mar 21, 9:52 pm, "Calif Bill" wrote: "wf3h" wrote in message bush was president for about 2800 days. obama's been president for 60. even you should be able to do the math. republicans reagan, bush and bush have nearly bankrupted this country. clinton was the only president in recent history to balance the budget. bush starved the middle class to feed his friends at exxon. now we're paying the price Clinton did not balance the budget!!! He looked like it, but even worse he allowed spending to grow a lot more under his watch than it should of. gee whiz...how much is 'than it should have'? because bush ballooned the budget out of control with his war in iraq, his tax cuts for the super rich, etc. He was the fortunate recipient of tons of revenue from the Dot.com boom that's called the 'economy'. it happens. Nope, it was a financial disaster. Similar to what we have now, not as big. And caused by the same Fed screw ups on interest rates. Iraq cost less in 7 years than Obama and this Congress have spent in the last 60 days. iraq costs are estimated anywhere from 1-3 trillion dollars. and you're saying that's irrelevant? i dont think so. and they did not 'spend' this in the last 60 days. this will be spent over the next year or so. that's called a 'budget'. What are your feelings one what that is going to do for the "Economy"?- keynesian economics works. milton friedman's monetary policy worked to a certain degree but the fed is out of options at this point since its interest rate is now about zero. ************** The Trillion is not the budget. That is separate pork.- Hide quoted text - to a keynesian, it's irrelevant. **** to you it is ignorance.- IOW you've never taken an economics course... figures. that's why you believe the right wing lunacy What class do you need to take to know that increasing taxes depletes the available capital for private sector growth.- which, of course, is wrong. this is as stupid as saying that entropy always increases. taxes can INCREASE capital if they are an investment in a 'common good' like a road, hospital or school Taxes are an expense. |
OT Confiscatory taxation
BAR wrote:
Calif Bill wrote: "Don White" wrote in message ... "Calif Bill" wrote in message ... "Don White" wrote in message ... "BAR" wrote in message ... You claim to follow economics so please tell us a country where central planning and tight government control has brought the kind of prosperity that the USA has seen to this point. All I am looking for is the name of the country that is socialist or communist that has a higher standard of living than the USA. Maybe you feel you have a high standard of living..what with your two BMWs and excessive income ( as you boast about). What about all the American families that have to get by on less than $70K per year....or even $50K? I'm sure they don't feel their standard of living is all that great. I don't have two BMWs. I have a 1997 Dodge Grand Caravan, 2001 Ford F-150, and a 2009 Jeep Patriot. 15% of my income goes into a 401k before it ever hits my bank account, I don't have a retirement plan I have to fund my own. I put another large chunk of my after tax money into 529's for my daughters college educations. What's left over is what I have to live on. You try living with a wife who gives all of your money to charity and daughters who give what's left over of your money to various clothing vendors at the local mall. When I have talked about the money I earn I do so to let the Harry Krause know that even though he has his alleged "Ivy League" education that little old me with just a high school diploma can succeed in life with hard work and determination. I'm dutifully unimpressed with you and your money. |
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