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John H[_2_] March 20th 09 10:31 AM

OT Confiscatory taxation
 
On Thu, 19 Mar 2009 20:56:12 -0700 (PDT), Mike wrote:

On Mar 19, 8:16?pm, wrote:
On Mar 19, 11:12?pm, wrote:





On Thu, 19 Mar 2009 22:18:38 -0400, Wayne.B


wrote:
On Thu, 19 Mar 2009 16:30:20 -0600, Vic Smith
wrote:


They already threw that sweet Bernie Maddof fellow in jail for life.
He wouldn't harm a fly. ?Now they're going after his wife.


The best way to insure that Bernie rots in hell is to take all of his
wife's assets. ? :-)


No the best way to make the last years of his miserable life more
miserable is to throw his wife in the cell with him.
Imagine looking forward to a lifetime of bitching, moaning and "I told
you so Bernie". ?
He would be swinging from the bars on his belt in a week.


I like John's quote.. Obama lied and the Economy died...- Hide quoted text -

- Show quoted text -


I would respectfully remind everyone that this financial mess started
while Bush had the helm. While he and his friends had the helm.....
for eight long years. And did little except trample our civil rights,
and allow the Wall Street Mob to do whatever they wished. So here we
are...Probably be better to concentrate our attention and efforts on
saving the future.


Barney and Chris were working for Bush?

Jim March 20th 09 11:37 AM

OT Confiscatory taxation
 
Frog Britches wrote:
Keith Nuttle wrote:
The following was sent to the newspaper and several Senators.


I could not believe that the Senate was even going to consider the
confiscatory taxation bill that pelosi's house passed today. Anytime
that the Government of the United States singles out a specific group
of people and taxes their income at a 90% tax rate, it is wrong.
These bonuses were given with the full approval of the Senate, House,
and obama. Now that the company is doing what the Democrats gave them
permission to do, the US government is singling them out for
confiscatory taxes. If anyone would read the Constitution they would
find that singling out a group of people for this type of legislation
is also unconstitutional.

Retention bonuses have been given by companies for centuries to
maintain their staff when the company faces uncertain economic
futures. They have also been given to contract workers as incentive
to stay in the position until the contract is completed. There is
nothing wrong with retention bonuses and they were needed by AIG to
keep their staff from going to other companies. Because the company
did not want to be stripped of its staff, the government is going to
penalize those employees for staying and helping AIG return to a
healthy company.

Apparently the president and people in leadership positions in the
senate and house have no concept of what to do about the economic
problems the country is facing today and are using every minor excuse
to divert the public's attention from their failures.

All of these actions by the government are based on the whims of the
people. If the polls said that the people who received those bonuses
should be hanged, would the congress pass laws to implement those
hangings? This is what the government is doing to the American people
with the 90% taxation of the bonuses. This is a republic where people
with the knowledge and Common Sense to govern the country are elected
to write and approve legislation for the common good. We are not a
democracy where the people in the government rule by summarizing the
polls of their constituents.

Those people in congress who are there to promote the common good of
the people of America must band together and sponsor legislation that
will remove the tax burden from the American people and revise the
rules and regulations that are restricting the American economy. They
are not there to single out groups for destructive legislation.

There is nothing but corruption on Wall Street, in Washington, and the
offices of International Bankers and Merchants or Globalists.
I don't see anything assertive being done to bring the attackers, of our
Republic, to their knees.
They are importing Illegal Aliens from Mexico and exporting our basic
industries to Mexico. A grand design or just happenstance?
Nationalism is the only thing to pursue. America and Americans first. I
didn't say anything about any form of socialism. I said America better
be fighting for it's life.


The voters have spoken and they don't agree with us. We're doomed.

Jim March 20th 09 11:43 AM

OT Confiscatory taxation
 
Here's the Readers Digest version

Apparently the president and people in leadership positions in the
senate and house have no concept of what to do about the economic
problems the country is facing today and are using every minor excuse to
divert the public's attention from their failures.


Jim March 20th 09 11:46 AM

OT Confiscatory taxation
 
Wayne.B wrote:
On Thu, 19 Mar 2009 16:30:20 -0600, Vic Smith
wrote:

They already threw that sweet Bernie Maddof fellow in jail for life.
He wouldn't harm a fly. Now they're going after his wife.


The best way to insure that Bernie rots in hell is to take all of his
wife's assets. :-)


You betcha. She would make Hell seem like a country club.

wf3h March 20th 09 11:53 AM

OT Confiscatory taxation
 
On Mar 19, 6:04*pm, Keith Nuttle wrote:
The following was sent to the newspaper and several Senators.

I could not believe that the Senate was even going to consider the
confiscatory taxation bill that pelosi's house passed today. *Anytime
that the Government of the United States singles out a specific group of
people and taxes their income at a 90% tax rate, it is wrong.


AIG is owned by the govt. those people work for us. we get to set
their salaries and bonuses.



*These
bonuses were given with the full approval of the Senate, House, and
obama. *Now that the company is doing what the Democrats gave them
permission to do, the US government is singling them out for
confiscatory taxes. *If anyone would read the Constitution they would
find that singling out a group of people for this type of legislation is
also unconstitutional.


singling out a group of people is not unconstitutional. it probably IS
unconstitutional to try and break a contract which was legal at the
time it was made. but there is no excuse for this type of theft of our
money.


Retention bonuses have been given by companies for centuries to maintain
their staff when the company faces uncertain economic futures. *


and since we own AIG, we have the power to fire those people at will.
in the US employment is 'at will'. so we can fire those managers if
we're unhappy with their performance



Because the company did not want to be
stripped of its staff, the government is going to penalize those
employees for staying and helping AIG return to a healthy company.


those people ran AIG into the ground. what fairy tales do you read? do
you know AIG has $150,000,000,000 in govt money in it?



Apparently the president and *people in leadership positions in the
senate and house have no concept of what to do about the economic
problems the country is facing today and are using every minor excuse to
divert the public's attention from their failures.


the right wing 'free market' folks got us into this mess....they
created the largest economy collapse since the great depression

now you're saying to continue with those failed policies because of
your faith in them? you're worse than a creationist!

we DID de-regulate the market. and collateralized default swaps went
from $920B in 2000 to SIXTY TWO TRILLION DOLLARS in 2007....

is that the type of de regulation you had in mind?

Wayne.B March 20th 09 02:12 PM

OT Confiscatory taxation
 
On Thu, 19 Mar 2009 22:12:37 -0500, wrote:

No the best way to make the last years of his miserable life more
miserable is to throw his wife in the cell with him.
Imagine looking forward to a lifetime of bitching, moaning and "I told
you so Bernie".
He would be swinging from the bars on his belt in a week.


That's true but it's not clear they will be able to convict her.
Quite likely the only thing she knew about Bernie's money was how to
spend it.


Vic Smith March 20th 09 03:08 PM

OT Confiscatory taxation
 
On Fri, 20 Mar 2009 10:00:27 -0500, wrote:

On Fri, 20 Mar 2009 10:12:23 -0400, Wayne.B
wrote:

On Thu, 19 Mar 2009 22:12:37 -0500,
wrote:

No the best way to make the last years of his miserable life more
miserable is to throw his wife in the cell with him.
Imagine looking forward to a lifetime of bitching, moaning and "I told
you so Bernie".
He would be swinging from the bars on his belt in a week.


That's true but it's not clear they will be able to convict her.
Quite likely the only thing she knew about Bernie's money was how to
spend it.


This scam went on for 30 years and he never mentioned it to his wife?


Ever see Godfather?
Mobsters follow "need to know" with wives.
And Wall Street is full of mobsters.
Nobody's calling them mafiosa yet, though they've had the "made man"
concept down pat for a while.
But I did hear a business analyst yesterday calling them cockroaches,
so there is some progress into understanding the culture.

--Vic

Vic Smith March 20th 09 03:33 PM

OT Confiscatory taxation
 
On Fri, 20 Mar 2009 10:21:05 -0500, wrote:

On Fri, 20 Mar 2009 09:08:49 -0600, Vic Smith
wrote:


Ever see Godfather?
Mobsters follow "need to know" with wives.



That is a fairy tale. Carmella Soprano knew Tony was in the mob and
wasn't really managing a garbage truck business. She gladly took the
stolen fur coats.


Uh oh. You've shaken my faith in the movies.
I'll have to adjust.

In the real world Victoria Gotti was also willingly receiving stolen
goods so she was part of a continuing criminal enterprise. I am not
sure why we let these wives off the hook so easily. When they
assassinated Clyde, they shot Bonnie too.


The wives lawyers will claim spousal abuse. Then they take the 5th
and cop to NOTHING.
I thought Bonnie was a gun-toting participant.
Uh oh. That was a movie.
Anyway, they might get testimony from Madoff's accountant. They
charged him with a bunch of criminal counts and he's out on $2.5
million bail I think. They're probably working him over good and he's
singing like a canary.
That might nail her.

--Vic

Wayne.B March 20th 09 03:34 PM

OT Confiscatory taxation
 
On Fri, 20 Mar 2009 10:00:27 -0500, wrote:

This scam went on for 30 years and he never mentioned it to his wife?


Apparently his sons didn't know and they were working in the same
building with him. To their credit, they went to the feds the day
after he told them. Bernie's rubber stamp accountant is going down
though, not necessarily because he knew what was going on, but because
he should have if he was doing a proper audit.


Vic Smith March 20th 09 03:47 PM

OT Confiscatory taxation
 
On Fri, 20 Mar 2009 10:00:27 -0500, wrote:

On Fri, 20 Mar 2009 10:12:23 -0400, Wayne.B
wrote:

On Thu, 19 Mar 2009 22:12:37 -0500,
wrote:

No the best way to make the last years of his miserable life more
miserable is to throw his wife in the cell with him.
Imagine looking forward to a lifetime of bitching, moaning and "I told
you so Bernie".
He would be swinging from the bars on his belt in a week.


That's true but it's not clear they will be able to convict her.
Quite likely the only thing she knew about Bernie's money was how to
spend it.


This scam went on for 30 years and he never mentioned it to his wife?


Many things aren't what they seem.
Ever see "The Pink Panther"?
Maybe Madoff was framed by his wife.
Uh oh. That was just a movie.

--Vic





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