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wf3h March 21st 09 07:38 PM

OT Confiscatory taxation
 
On Mar 21, 10:44*am, BAR wrote:
wf3h wrote:

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?


Are you more concerned with punishing individuals who work at AIG or are
you more concerned with AIG becoming a healthy private enterprise again?


i'm concerned with me and the financial health of the middle class.
the rich, who've screwed the middle class like we're $2 whores, don't
deserve ****.


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


Who is your employer?

Where do you buy your food?

Where do you buy your clothes?

Where do you buy your durable goods?

The free markets have a self correcting mechanism.


what fairy tales have you been reading? where's your proof? where's
the mechanism? if this were true, we wouldn't have to bail out the
bankers and wall street managers because they're too big to fail

people like you are like the people on the titanic who drowned because
they insisted it was unsinkable.


Government's only solution to problems is more regulation and taxation.

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


The failed policies are from over regulation by the government and
trying to implement social policy rather than follow sound business
principles.


OVER regulation? what regulations FORCED the amount of credit default
swap derivatives to balloon from $920 billion in 2000 to SIXTY TWO
TRILLION dollars in 2007?

go ahead...tell me what govt regulation caused this much greed.


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


If we are playing the blame game, then you should be upset with Clinton.


goalpost shifting. where's your proof that 'free' markets exist or
that they're self correcting.

in addition, it was the free market fundamentalists like phil gramm
who forced congress to pass DE REGULATION....so you've failed to prove
your case.



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


Why should we keep propping up AIG and other private enterprises with
taxpayers money? Shouldn't we just let them go bankrupt? Or does the
fact that the Dodd and Frank would lose too much in campaign
contributions if that were to happen have any bearing on the decisions
by the legislative branch of government?-


which has what to do with the fact the free market failed. it was a
laboratory exercise in YOUR view of capitalism and it's damn near
wrecked the united states.

wf3h March 21st 09 07:40 PM

OT Confiscatory taxation
 
On Mar 21, 3:24*pm, BAR wrote:
thunder wrote:
On Sat, 21 Mar 2009 10:44:54 -0400, BAR wrote:


Are you more concerned with punishing individuals who work at AIG or are
you more concerned with AIG becoming a healthy private enterprise again?


I think AIG is done. *I think it's on government life support until they
can safely pull the plug. *It was "too big to fail", it failed. *Do you
really want to see that monster on the loose again? *Break it up, and
sell the parts. *Let them start over.


We, the US tax payers could have saved 150 billion dollars if we had let
AIG go into bankruptcy last fall. But, Geithner and Paulson stepped and
and put forth the view that AIG was too big to save. Barney Frank and
Chris Dodd had to earn the political contributions they received from AIG..


uh...no. the first AIG bailout happened under president bush and
treasury secretary paulson. and john mccain was the 3rd greatest
recipient of money from AIG.

get your facts straight. the fact is, deregulation helped AIG get so
big that, if it failed, it would have destroyed the financial system
of the US.


The free market folks, like me, wanted to clear a path for AIG and the
to the nearest bankruptcy court.


and since there is NO free market in the US, your grimm's fairy tale
view of the economy is touching. your mother read you milton friedman
at bedtime?


BAR[_2_] March 21st 09 07:42 PM

OT Confiscatory taxation
 
wf3h wrote:
On Mar 21, 10:36 am, BAR wrote:
Calif Bill wrote:
"Mike" wrote in message
....
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.
It started a lot further back than Bush, or Clinton, or Bush 1.

While the USA is burning Obama is picking his NCAA brackets.

While the USA is burning Obama is eating $100 per pound steak.

While the USA is burning Obama has put incompetents in charge of the
government.-


idiot.


Great come back.

obama wasn't president when the dow dropped 50%. that was the
ultra right wing that was busily destroying unions, writing energy
policy to favor exxon and sending americans to die in war with no
purpose.


Unions have outlived their usefulness. There is a road construction
project going on at the end of my street. We have union labor at the
construction project. As I am driving 2 miles down this road seeing 30
guys watching 5 or 6 guys actually working I am thinking about who at my
company is going to get laid off today. Unions get no sympathy from me.


bush had 8 years to do something besides make the rich richer. he
didn't.


Why do you Democrats keep harping about the past and previous
administrations? Let's concentrate on what the current administration is
doing to destroy the country and how we can stop it.

John H[_2_] March 21st 09 07:48 PM

OT Confiscatory taxation
 
On Sat, 21 Mar 2009 12:38:21 -0700 (PDT), wf3h
wrote:

Obama lied, the economy died.

Amen.

BAR[_2_] March 21st 09 07:51 PM

OT Confiscatory taxation
 
wf3h wrote:
On Mar 21, 3:24 pm, BAR wrote:
thunder wrote:
On Sat, 21 Mar 2009 10:44:54 -0400, BAR wrote:
Are you more concerned with punishing individuals who work at AIG or are
you more concerned with AIG becoming a healthy private enterprise again?
I think AIG is done. I think it's on government life support until they
can safely pull the plug. It was "too big to fail", it failed. Do you
really want to see that monster on the loose again? Break it up, and
sell the parts. Let them start over.

We, the US tax payers could have saved 150 billion dollars if we had let
AIG go into bankruptcy last fall. But, Geithner and Paulson stepped and
and put forth the view that AIG was too big to save. Barney Frank and
Chris Dodd had to earn the political contributions they received from AIG..


uh...no. the first AIG bailout happened under president bush and
treasury secretary paulson. and john mccain was the 3rd greatest
recipient of money from AIG.


You haven't been paying attention have you. I have always said McCain is
an idiot. I seriously doubt that McCain's mother voted for him for
President.

get your facts straight. the fact is, deregulation helped AIG get so
big that, if it failed, it would have destroyed the financial system
of the US.


Blame Congress, they are the ones who wrote the legislation that enabled
AIG to become as big as it did. When you let a company get into two many
different areas of financial products you get these behemoth monsters.

The free market folks, like me, wanted to clear a path for AIG and the
to the nearest bankruptcy court.


and since there is NO free market in the US, your grimm's fairy tale
view of the economy is touching. your mother read you milton friedman
at bedtime?


You want the same bureaucrats in DC who buy $600 hammers and $1000
toilets to run the economy?

wf3h March 21st 09 08:25 PM

OT Confiscatory taxation
 
On Mar 21, 3:42*pm, BAR wrote:
wf3h wrote:


While the USA is burning Obama has put incompetents in charge of the
government.-


idiot.


Great come back.


modestly prevents me from claiming credit; the source material was
rich in opportunity.


* obama wasn't president when the dow dropped 50%. that was the

ultra right wing that was busily destroying unions, writing energy
policy to favor exxon and sending americans to die in *war with no
purpose.


Unions have outlived their usefulness.


au contraire. the lack of unions has destroyed the US middle class.
it's a reason why income inequality in the US is among the greatest in
the world and wall street runs amuck with little oversight.

There is a road construction
project going on at the end of my street. We have union labor at the
construction project. As I am driving 2 miles down this road seeing 30
guys watching 5 or 6 guys actually working I am thinking about who at my
company is going to get laid off today. Unions get no sympathy from me.


and wall street destroyed the US economy. unions had no hand in
that.

it's the big wall street manager, the unregulated capitalist that's
outlived his usefulness.



bush had 8 years to do something besides make the rich richer. he
didn't.


Why do you Democrats keep harping about the past and previous
administrations? Let's concentrate on what the current administration is
doing to destroy the country and how we can stop it.- Hide quoted text -


jesus h. christ on crutches....obama has been president for 60 days.
are you rednecks so illiterate you think eight years of fascism
mismanagement on the part of bush/cheney/exxon can be undone in 60
days? are you truly that irrational?


wf3h March 21st 09 08:28 PM

OT Confiscatory taxation
 
On Mar 21, 3:51*pm, BAR wrote:
wf3h wrote:
On Mar 21, 3:24 pm, BAR wrote:
thunder wrote:
On Sat, 21 Mar 2009 10:44:54 -0400, BAR wrote:
Are you more concerned with punishing individuals who work at AIG or are
you more concerned with AIG becoming a healthy private enterprise again?
I think AIG is done. *I think it's on government life support until they
can safely pull the plug. *It was "too big to fail", it failed. *Do you
really want to see that monster on the loose again? *Break it up, and
sell the parts. *Let them start over.
We, the US tax payers could have saved 150 billion dollars if we had let


uh...no. the first AIG bailout happened under president bush and
treasury secretary paulson. and john mccain was the 3rd greatest
recipient of money from AIG.


You haven't been paying attention have you. I have always said McCain is
an idiot. I seriously doubt that McCain's mother voted for him for
President.


well, then, complaining about people who actually are trying to help
the middle class instead of destroying it as republicans have done for
8 years isn't getting you anywhere is it?


get your facts straight. the fact is, deregulation helped AIG get so
big that, if it failed, it would have destroyed the financial system
of the US.


Blame Congress, they are the ones who wrote the legislation that enabled
AIG to become as big as it did. When you let a company get into two many
different areas of financial products you get these behemoth monsters.


and the reason congress did this is that reagan and milton friedman
manufactured the myth of the 'free' market, unregulated, unhampered by
unions, would strengthen the US economy.

it had exactly the opposite effect. the middle class is being
destroyed. the rich got amazingly richer.


The free market folks, like me, wanted to clear a path for AIG and the
to the nearest bankruptcy court.


and since there is NO free market in the US, your grimm's fairy tale
view of the economy is touching. your mother read you milton friedman
at bedtime?


You want the same bureaucrats in DC who buy $600 hammers and $1000
toilets to run the economy?-


they have been running it for the last 8 years. what planet did you
just come from?

wf3h March 21st 09 08:30 PM

OT Confiscatory taxation
 
On Mar 21, 3:48*pm, John H wrote:
On Sat, 21 Mar 2009 12:38:21 -0700 (PDT), wf3h
wrote:

Obama lied, the economy died.

Amen.


let's see....

bush was president for about 2800 days.

obama's been president for 60.

even you should be able to do the math.

HK March 21st 09 08:44 PM

OT Confiscatory taxation
 
wf3h wrote:
On Mar 21, 3:42 pm, BAR wrote:
wf3h wrote:


While the USA is burning Obama has put incompetents in charge of the
government.-
idiot.

Great come back.


modestly prevents me from claiming credit; the source material was
rich in opportunity.

obama wasn't president when the dow dropped 50%. that was the

ultra right wing that was busily destroying unions, writing energy
policy to favor exxon and sending americans to die in war with no
purpose.

Unions have outlived their usefulness.


au contraire. the lack of unions has destroyed the US middle class.
it's a reason why income inequality in the US is among the greatest in
the world and wall street runs amuck with little oversight.

There is a road construction
project going on at the end of my street. We have union labor at the
construction project. As I am driving 2 miles down this road seeing 30
guys watching 5 or 6 guys actually working I am thinking about who at my
company is going to get laid off today. Unions get no sympathy from me.


and wall street destroyed the US economy. unions had no hand in
that.

it's the big wall street manager, the unregulated capitalist that's
outlived his usefulness.


bush had 8 years to do something besides make the rich richer. he
didn't.

Why do you Democrats keep harping about the past and previous
administrations? Let's concentrate on what the current administration is
doing to destroy the country and how we can stop it.- Hide quoted text -


jesus h. christ on crutches....obama has been president for 60 days.
are you rednecks so illiterate you think eight years of fascism
mismanagement on the part of bush/cheney/exxon can be undone in 60
days? are you truly that irrational?



Yeah, they are.

BAR[_2_] March 21st 09 09:10 PM

OT Confiscatory taxation
 
wf3h wrote:
On Mar 21, 3:42 pm, BAR wrote:
wf3h wrote:


While the USA is burning Obama has put incompetents in charge of the
government.-
idiot.

Great come back.


modestly prevents me from claiming credit; the source material was
rich in opportunity.

obama wasn't president when the dow dropped 50%. that was the

ultra right wing that was busily destroying unions, writing energy
policy to favor exxon and sending americans to die in war with no
purpose.

Unions have outlived their usefulness.


au contraire. the lack of unions has destroyed the US middle class.


Can you provide a definition for the middle class? The Census Bureau
doesn't define the middle class so there is no way to argue for or
against the destruction of the middle class.

it's a reason why income inequality in the US is among the greatest in
the world and wall street runs amuck with little oversight.


What is income inequality? My definition of income inequality is those
that get off there asses and work and those who are lazy *******s who
don't want to work.

There is a road construction
project going on at the end of my street. We have union labor at the
construction project. As I am driving 2 miles down this road seeing 30
guys watching 5 or 6 guys actually working I am thinking about who at my
company is going to get laid off today. Unions get no sympathy from me.


and wall street destroyed the US economy. unions had no hand in
that.


Paying a union guy 95% of his salary to sit around and do nothing is
destroying the US economy. The unions negotiating to prevent
productivity improvements in US factories didn't help the economy either.

it's the big wall street manager, the unregulated capitalist that's
outlived his usefulness.


If there is no big capitalist there there is no need for the union guy.
Unions can't exist without corporations. But, corporations can exist
without unions.

bush had 8 years to do something besides make the rich richer. he
didn't.

Why do you Democrats keep harping about the past and previous
administrations? Let's concentrate on what the current administration is
doing to destroy the country and how we can stop it.- Hide quoted text -


jesus h. christ on crutches....obama has been president for 60 days.
are you rednecks so illiterate you think eight years of fascism
mismanagement on the part of bush/cheney/exxon can be undone in 60
days? are you truly that irrational?


When you take command of the ship you are responsible for the entire ship.

Funny thing is that Obama isn't undoing many of the things that the
previous administration did. Spying on US citizens, as the left used to
rant about, is still occurring and you are not hearing the left
complaining. There are many other examples but I'm sure you have all of
your excuses lined up to deny these facts.


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