OT Confiscatory taxation
 

wf3h wrote:
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.

$1.2 Trillion in spending above and beyond the normal budgets in less
than 60 days. Obama has set a record for all future Democrat presidents
to strive to beat. Obama has set the extra appropriations spending bar
very high.

OT Confiscatory taxation
 

On Mar 21, 5:10*pm, BAR wrote:
wf3h wrote:

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.

the census bureau is not in charge of economics.

the middle class generally is those making between 30,000 to 100,000.


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.

IOW you don't follow economics. you don't know the richest 1% have had
their incomes increase by over 200% in the last 10 years or so while
the middle class stagnated.

no wonder you love to **** the middle class. you dont even believe we
should be able to earn a living wage.



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.

and paying 5 guys at AIG a billion dollars to drive the stock market
to 50% of its value has a siightly bigger effect on my income than the
guys working on your road do

again...you just can't think logically.



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.

yeah and kings can exist without a middle class, too. seems you think
feudalism was a great idea.


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..

and if you didn't build the ship you have to pilot it as best you can.
obama inherited a sinking 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.-

you seem to think 60=2800

no wonder your view of economics is screwed up. you can't count.

OT Confiscatory taxation
 

On Mar 21, 5:34*pm, BAR wrote:
wf3h wrote:
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.

$1.2 Trillion in spending above and beyond the normal budgets in less
than 60 days. Obama has set a record for all future Democrat presidents
to strive to beat. Obama has set the extra appropriations spending bar
very high.-

that's for the next year. you don't know about the budget process do
you?

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

OT Confiscatory taxation
 

On Sat, 21 Mar 2009 14:59:04 -0700 (PDT), wf3h
wrote:

On Mar 21, 5:10*pm, BAR wrote:
wf3h wrote:

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.

the census bureau is not in charge of economics.

the middle class generally is those making between 30,000 to 100,000.


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.

IOW you don't follow economics. you don't know the richest 1% have had
their incomes increase by over 200% in the last 10 years or so while
the middle class stagnated.

no wonder you love to **** the middle class. you dont even believe we
should be able to earn a living wage.



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.

and paying 5 guys at AIG a billion dollars to drive the stock market
to 50% of its value has a siightly bigger effect on my income than the
guys working on your road do

again...you just can't think logically.



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.

yeah and kings can exist without a middle class, too. seems you think
feudalism was a great idea.


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.

and if you didn't build the ship you have to pilot it as best you can.
obama inherited a sinking ship.

No. Obama's 'inheritance' was pretty well established in October of
last year. Now go back and see what the market has done since then.
Also, look at what it's done any day following an Obama speech.

Take the blinders off. You're almost as bad as HK.

Obama lied, the economy died.
--
John H

"The democracy will cease to exist when you take away from those
who are willing to work and give to those who would not."
Thomas Jefferson

OT Confiscatory taxation
 

thunder wrote:
On Fri, 20 Mar 2009 15:21:18 -0800, Calif Bill wrote:


It started a lot further back than Bush, or Clinton, or Bush 1.

Bush Basher that I am, I can't blame this on Bush. I believe the
government gets too much blame, *and* too much credit, for the economy.
The government might have developed the framework that allowed this to
happen, but they didn't cause it to happen. No one put a gun to the head
of Wall Street's Masters of the Universe and forced them to make
incredibly risky decisions. No one told Lehman Brothers they had to
leverage themselves 33 to 1. Greed and stupidity did that. This is a
free market, after all.

Except the Clinton administration in forcing banks to make loans to
unqualified individuals because it was everyone's right to own a home.

OT Confiscatory taxation
 

On Mar 21, 6:03*pm, John H wrote:
On Sat, 21 Mar 2009 14:59:04 -0700 (PDT), wf3h
wrote:





On Mar 21, 5:10*pm, BAR wrote:
wf3h wrote:

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.

the census bureau is not in charge of economics.

the middle class generally is those making between 30,000 to 100,000.

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.

IOW you don't follow economics. you don't know the richest 1% have had
their incomes increase by over 200% in the last 10 years or so while
the middle class stagnated.

no wonder you love to **** the middle class. you dont even believe we
should be able to earn a living wage.

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.

and paying 5 guys at AIG a billion dollars to drive the stock market
to 50% of its value has a siightly bigger effect on my income than the
guys working on your road do

again...you just can't think logically.

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.

yeah and kings can exist without a middle class, too. *seems you think
feudalism was a great idea.

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.

and if you didn't build the ship you have to pilot it as best you can.
obama inherited a sinking ship.

No. Obama's 'inheritance' was pretty well established in October of
last year. Now go back and see what the market has done since then.
Also, look at what it's done any day following an Obama speech.

Take the blinders off. You're almost as bad as HK.

Obama lied, the economy died.
--

you know, your economic illiteracy makes me weep for our country

i'm a physical scientist. i collect and analyze data for a living.

no scientist...none....would look at data as you propose. none. not a
single one

you do not select data to fit your preconceptions. you completely
ignore the headlong slide caused by bush's economic policies over 8
years and instead focus on a 2% history.

it's astonishing...remarkable...how deliberately stupid you can
be....you're the stupidity equivalent of a nor'easter.

no wonder the GOP got destroyed. you voted for it.

OT Confiscatory taxation
 

On Mar 21, 6:30*pm, Keith Nuttle wrote:
thunder wrote:
On Fri, 20 Mar 2009 15:21:18 -0800, Calif Bill wrote:

It started a lot further back than Bush, or Clinton, or Bush 1.

Bush Basher that I am, I can't blame this on Bush. *I believe the
government gets too much blame, *and* too much credit, for the economy. *
The government might have developed the framework that allowed this to
happen, but they didn't cause it to happen. *No one put a gun to the head
of Wall Street's Masters of the Universe and forced them to make
incredibly risky decisions. *No one told Lehman Brothers they had to
leverage themselves 33 to 1. *Greed and stupidity did that. *This is a
free market, after all.

Except the Clinton administration in forcing banks to make loans to
unqualified individuals because it was everyone's right to own a home.

which had nothing to do with the current situation. countrywide
financial was the largest provider of mortgage loans in the US and was
not subject to the type of law (the community reinvestment act) that
you think had a role.

the real problem was credit default swaps. in 2000 the total amount of
credit default swaps was $920 billion. in 2007, the amount of CDS was
$62 TRILLION....or more than the entire output of all economies on the
planet. how did wall street propose to pay $62 trillion in exposure?

that's greed. it's stupidity.

california bill is right: the govt gave wall street a loaded pistol
via deregulation of derivatives.

wall street greed pulled the trigger.

OT Confiscatory taxation
 

wf3h wrote:
On Mar 21, 6:03 pm, John H wrote:
On Sat, 21 Mar 2009 14:59:04 -0700 (PDT), wf3h
wrote:





On Mar 21, 5:10 pm, BAR wrote:
wf3h wrote:
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.
the census bureau is not in charge of economics.
the middle class generally is those making between 30,000 to 100,000.
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.
IOW you don't follow economics. you don't know the richest 1% have had
their incomes increase by over 200% in the last 10 years or so while
the middle class stagnated.
no wonder you love to **** the middle class. you dont even believe we
should be able to earn a living wage.
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.
and paying 5 guys at AIG a billion dollars to drive the stock market
to 50% of its value has a siightly bigger effect on my income than the
guys working on your road do
again...you just can't think logically.
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.
yeah and kings can exist without a middle class, too. seems you think
feudalism was a great idea.
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.
and if you didn't build the ship you have to pilot it as best you can.
obama inherited a sinking ship.
No. Obama's 'inheritance' was pretty well established in October of
last year. Now go back and see what the market has done since then.
Also, look at what it's done any day following an Obama speech.

Take the blinders off. You're almost as bad as HK.

Obama lied, the economy died.
--

you know, your economic illiteracy makes me weep for our country

i'm a physical scientist. i collect and analyze data for a living.

no scientist...none....would look at data as you propose. none. not a
single one

you do not select data to fit your preconceptions. you completely
ignore the headlong slide caused by bush's economic policies over 8
years and instead focus on a 2% history.

it's astonishing...remarkable...how deliberately stupid you can
be....you're the stupidity equivalent of a nor'easter.

no wonder the GOP got destroyed. you voted for it.


Not to worry: sarah palin is the GOP's saviour-ess, and dumb****s like
Herring and BAR and others here will vote for her.

OT Confiscatory taxation
 

On Sat, 21 Mar 2009 18:30:42 -0400, Keith Nuttle wrote:


Except the Clinton administration in forcing banks to make loans to
unqualified individuals because it was everyone's right to own a home.

I don't buy it. This was a market problem, not a political problem.
Fully 1/2 of sub-prime loans were from mortgage companies *not* covered
by the CRA. They didn't make those loans because of Clinton. They made
those loans because of greed and stupidity. The groupthink that's at the
root of all bubbles. The market will keep going up and up, and we'll all
get rich.

This wasn't about home ownership. It was about using houses as banks.
Sucking out any equity, to pay of credit card bills. Flipping houses
expecting a 10-15% return in a year. It was a bubble, and like all
bubbles, it burst. It wasn't Clinton's fault. It wasn't Bush's fault.
It was *our* fault.

OT Confiscatory taxation
 

On Mar 21, 7:02*pm, HK wrote:
wf3h wrote:
On Mar 21, 6:03 pm, John H wrote:
On Sat, 21 Mar 2009 14:59:04 -0700 (PDT), wf3h
wrote:

On Mar 21, 5:10 pm, BAR wrote:
wf3h wrote:
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.
the census bureau is not in charge of economics.
the middle class generally is those making between 30,000 to 100,000.
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.
IOW you don't follow economics. you don't know the richest 1% have had
their incomes increase by over 200% in the last 10 years or so while
the middle class stagnated.
no wonder you love to **** the middle class. you dont even believe we
should be able to earn a living wage.
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.
and paying 5 guys at AIG a billion dollars to drive the stock market
to 50% of its value has a siightly bigger effect on my income than the
guys working on your road do
again...you just can't think logically.
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.
yeah and kings can exist without a middle class, too. *seems you think
feudalism was a great idea.
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.
and if you didn't build the ship you have to pilot it as best you can..
obama inherited a sinking ship.
No. Obama's 'inheritance' was pretty well established in October of
last year. Now go back and see what the market has done since then.
Also, look at what it's done any day following an Obama speech.

Take the blinders off. You're almost as bad as HK.

Obama lied, the economy died.
--

you know, your economic illiteracy makes me weep for our country

i'm *a physical scientist. i collect and analyze data for a living.

no scientist...none....would look at data as you propose. none. not a
single one

you do not select data to fit your preconceptions. you completely
ignore the headlong slide caused by bush's economic policies over 8
years and instead focus on a 2% history.

it's astonishing...remarkable...how deliberately stupid you can
be....you're the stupidity equivalent of a nor'easter.

no wonder the GOP got destroyed. you voted for it.

Not to worry: sarah palin is the GOP's saviour-ess, and dumb****s like
Herring and BAR and others here will vote for her.-

i can hardly wait to see the bedtime stories she reads them. they seem
to be addicted to cheney's...wonder if she can compete so to speak