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#31
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posted to rec.boats
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On 27/01/2010 3:07 PM, Harry wrote:
On 1/27/10 5:05 PM, bpuharic wrote: On Wed, 27 Jan 2010 16:56:30 -0500, wrote: On 1/27/10 4:53 PM, bpuharic wrote: On Wed, 27 Jan 2010 09:00:56 -0500, wrote: 2500 for individuals? 5000 for families? this is a tax increase 'cuz aint no one gonna get insurance at those prices AND it's the biggest tax give away for the rich in history. they would pay no taxes at all. more typical GOP right wing bull**** Well, sadly, of course. All the right really wants is to avoid responsibilities, and let the other guy pay the bills. yeah. it's a MASSIVE tax INCREASE for the middle class: no tax deductions for mortgages AND we have have to pay for our health insurance BUT the rich get the ultimate tax DEDUCTION: they pay no taxes at all. Well, of course...the middle and lower income classes exist only to further enrich the rich. So the democrat way seems to be is to unemploy us all. |
#32
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posted to rec.boats
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On 27/01/2010 6:08 PM, Eisboch wrote:
wrote in message t... On Wed, 27 Jan 2010 09:00:56 -0500, Eisboch wrote: Just finished reading this. It's worth consideration, I think. Short summary can be viewed and read he http://www.house.gov/ryan/press_rele...pressreleases/ RoadmapSummary.pdf Detailed report with the numbers to back it up he http://www.house.gov/budget_republicans/entitlement/ roadmap_detailed_entirereport.pdf Have fun, Eisboch Nothing for nothing, but after the response of the American people to the sausage making of health care reform, I expect these wide-sweeping road maps to be a thing of the past. Health care reform is one thing. A year ago, everyone seemed to want it, but this guy wants to overhaul health care, medicare, social security, *and* taxes. DOA His roadmap isn't perfect ... or maybe even feasible ... but band-aid approaches to each crisis isn't going to work either. It's really time to re-think economics in this global economy and then plan and act accordingly. The programs and solutions being beaten to death in D.C. aren't going to solve anything, long term. Eisboch Agreed. And the only thing Obama made sense with is government cuts in spending. Trouble is, I don't believe he is succinct. How can you be overspending by $2 trillion a year, promise more can save $30 billion and balance the budget? I would say his roadmap has no hope in hell. More BS talk. I still say government wants health care for the revenue skiming. |
#33
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posted to rec.boats
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On 27/01/2010 8:05 PM, bpuharic wrote:
On Wed, 27 Jan 2010 18:20:40 -0700, wrote: Because more people are starting to realize what democrat health care is. An attempt to skim health care revenue for government excesses in spending and corruption uh what? we have the most expensive healthcare in the world. sounds like you crybabies are worrying about the horse that's already left the barn . Including the democrat need to fund dysfunctional private corporations with taxpayers taxes. that's why we need socialized medicine Yep, the best services around if you are approved and live long enough in line. |
#34
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posted to rec.boats
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On 27/01/2010 7:05 PM, bpuharic wrote:
On Wed, 27 Jan 2010 18:15:50 -0700, wrote: On 27/01/2010 7:00 AM, Eisboch wrote: Just finished reading this. It's worth consideration, I think. Short summary can be viewed and read he http://www.house.gov/ryan/press_rele...mapSummary.pdf Detailed report with the numbers to back it up he http://www.house.gov/budget_republic...tirereport.pdf Have fun, Eisboch Probably will never happen, too many greedy love DC for the corruption. But would certainly vote for it and this Paul D. Ryan. Has a vision, a good vision. yeah he has a vision no taxes for the rich all taxes paid for by the middle class How is that different than today? After taxes, it would take the _entire_ wealth of someone like Bill Gates to keep Obama in debt spend for just one week. Think about it. Bill Gates could sell of Microsoft to the Chinese, pay his taxes owed, and maybe, just maybe keep Obama in a neutral deficit situation for just one week. The wealth destruction is mind boggling. Only thing you know for sure is it will not continue. Sooner of later even the US government will be broke. Pretty much already is, but no one wants to go to the world to say hey, these American welchers are not going to pay. |
#35
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posted to rec.boats
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"Jack" wrote in message
... On Jan 27, 8:05 pm, "nom=de=plume" wrote: "Jack" wrote in message ... On Jan 27, 6:52 pm, "nom=de=plume" wrote: "Eisboch" wrote in message m... "nom=de=plume" wrote in message ... "Eisboch" wrote in message om... Just finished reading this. It's worth consideration, I think. Short summary can be viewed and read he http://www.house.gov/ryan/press_rele...ses/RoadmapSum... Detailed report with the numbers to back it up he http://www.house.gov/budget_republic...dmap_detailed_... Have fun, Eisboch Competely DOA as thunder said. Now is the time to spend money not contract. If the private sector doesn't create jobs, the gov't must. This was learned the hard way by the Hoover administration. Pssst... (looking around nervously) .... the "gov't" is broke..... Eisboch No it isn't. It's called deficit spending. Broke implies insolvent or lacking in funds. "Deficit spending is the amount by which a government, private company, or individual's spending exceeds income" Let's see... I spend more than I make, so I'm lacking in funds, so therefore I'm "broke". Really? So, I guess you've never purchased anything on your credit card that you couldn't immediately afford. You've never bought a house, because you'd be unable to pay off the mortgage immediately. Same goes with a car. Having a line of credit and being broke are not mutually exclusive. Signing up and getting credit neither rescues you from being broke, nor does it protect you from it. In fact, it exposes you even more to the possibility of ending up broke. Never said it did. I said that using your credit doesn't mean you're broke. Which is what you're claiming. Never heard of an entity overextending their credit line or buying such a large house that they become insolvent, broke, and ultimately they have to file for bankruptcy? Really? Someone is broke, uses a line of credit, then are still broke and can't service that credit? Since the US gov't isn't insolvent, broke, perhaps you would like to try for some other point? We're servicing the debt just fine. It can't go on forever, but it's still manageable. If you're broke and you have to reach into a line of credit to buy some gas, you aren't "less" broke when your tank is full. In fact, you're even more "broke". You're saying the same thing over and over, hoping it will make a different point. It won't. Sure you went to school? They taught this basic stuff at least by the 8th grade or so. I guess you missed that grade then. Just... think. Good advice. Yep, hope you take it! You really sound pathetic. Why not just admit you're wrong. -- Nom=de=Plume |
#36
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posted to rec.boats
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"Canuck57" wrote in message
... On 27/01/2010 3:07 PM, Harry wrote: On 1/27/10 5:05 PM, bpuharic wrote: On Wed, 27 Jan 2010 16:56:30 -0500, wrote: On 1/27/10 4:53 PM, bpuharic wrote: On Wed, 27 Jan 2010 09:00:56 -0500, wrote: 2500 for individuals? 5000 for families? this is a tax increase 'cuz aint no one gonna get insurance at those prices AND it's the biggest tax give away for the rich in history. they would pay no taxes at all. more typical GOP right wing bull**** Well, sadly, of course. All the right really wants is to avoid responsibilities, and let the other guy pay the bills. yeah. it's a MASSIVE tax INCREASE for the middle class: no tax deductions for mortgages AND we have have to pay for our health insurance BUT the rich get the ultimate tax DEDUCTION: they pay no taxes at all. Well, of course...the middle and lower income classes exist only to further enrich the rich. So the democrat way seems to be is to unemploy us all. Only ex-pats like you. -- Nom=de=Plume |
#37
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posted to rec.boats
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wrote in message
... On Wed, 27 Jan 2010 20:23:22 -0800, "nom=de=plume" wrote: Since the US gov't isn't insolvent, broke, perhaps you would like to try for some other point? We're servicing the debt just fine. It can't go on forever, but it's still manageable. This really gets down to net worth. If you owe more than you could cash out for, you are broke. I had this explained to be by a financial planner in the early 70s and it turned my life around. The federal government probably has a positive net worth but are we really willing to sell off all the federal properties? We have quite a bit more than a slight positive net worth, and there's no reason to sell off anything. We're not being liquidated. -- Nom=de=Plume |
#38
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posted to rec.boats
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wrote in message
... On Wed, 27 Jan 2010 17:05:38 -0800, "nom=de=plume" wrote: Really? So, I guess you've never purchased anything on your credit card that you couldn't immediately afford. You've never bought a house, because you'd be unable to pay off the mortgage immediately. Same goes with a car. I figured out pretty early in my life that was a losing proposition. It is a whole lot better to save your money until you can afford what you want. Otherwise you are just making bankers rich. If you can't afford a $15,000 car on your salary, how in the hell can you afford to pay $19,000 for the same car? (a 4 year 12% note) I understand young people borrowing money early in their life but if they are still borrowing money in their 40s they will always be broke. Have you looked recently at what percentage of the federal budget goes to servicing our debt? You're certainly right that it's not a good idea to finance things that you can pay for without putting yourself in a cash flow problem situation. Cars are a great example of people spending more than they should. I've never purchased a new car, and I've never purchased one on credit. Some people don't have that option, but one should avoid it whenever possible. Houses are a different story. The vast, vast majority get a mortgage. Credit card use is dangerous if not done properly, but I certainly use mine. I don't run a balance, and I haven't seen grad school. It's still a loan, however. I believe the service on the debt is 15% or so of the budget... something like that. -- Nom=de=Plume |
#39
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posted to rec.boats
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wrote in message
... On Wed, 27 Jan 2010 21:48:08 -0800, "nom=de=plume" wrote: The federal government probably has a positive net worth but are we really willing to sell off all the federal properties? We have quite a bit more than a slight positive net worth, and there's no reason to sell off anything. We're not being liquidated. The government has a liquidity problem. If the Chinese, Japanese and Brits decide to let their federal paper mature without rolling it over, we don't have a way to pay them without devaluing the dollar. I disagree. We've never missed a payment on the debt service. They wouldn't do that, since they'd be hurt much worse than we, and they're making money. -- Nom=de=Plume |
#40
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posted to rec.boats
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wrote in message
... On Wed, 27 Jan 2010 22:04:22 -0800, "nom=de=plume" wrote: I believe the service on the debt is 15% or so of the budget... something like that. $383,071,060,815.42 last year 12,3% Expect to see that shoot up with the extra $2 trillion What extra $2T? And, it won't make that much difference. The "debt" issue is seriously overblown. It's not insignificant, but it's not anywhere close to a crisis. -- Nom=de=Plume |
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