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![]() "Canuck57" wrote in message ... On 16/07/2010 6:43 AM, John H wrote: On Fri, 16 Jul 2010 07:24:46 -0500, wrote: "John wrote in message ... On Thu, 15 Jul 2010 22:12:57 -0500, wrote: wrote in message ... What is Obama up too? Shooting of his big mouth about bailouts? Obama/congress were all for them, even though they didn't need to and the population was dead against bailouts. But here is how it really happened. Super-billionaires say had $1B in deposit with Citi. Well, what is a $20 million or more in greasing the DC wheels for a little corruption bailout? Remember, FDIC only insures to $250,000. And no one will forclose on mortgages where people are paying the bills. Just more Obama BS. Trying to deflect the blame from a congress who sid, here is tons of cheap, artificially cheap debt and loan, loan, lend, lend until you drop money management. Government really messed up. (Mind you many banks were suckered for it). Bet a growing department in a bank will be "Legal and Government Distrust". And Obama is worried the biggest creditor China wants payment. And Obama, he be a debt spender broke jive talker. After November, if Democriters control Congress, watch your taxes soar. And if bpuharic, de-fumer, Harry the mut think they are off the hook being they be welshers, it will be a VAT... Yep, incometax creep will occur but VAT is coming, all that Obama debt isn't free. -- Government has liberals, idealists and lawyers, but where is the common sense? Thats the price ya pays when ya;s nigga rich Now you're sounding like Bob. Unnecessary. -- John H It Is true John, time to wakeup and relise what upon you. I'll bet you could have found a less offensive analogy though! VAT will be a great way to take money from the middle class and give to the non-workers. This will have to be done through income tax credits, which means income tax can't go away. The liberals actually believe their 'leaders' when the leaders say they'll get rid of, or reduce, the income tax. Horse****. Europe provides all the proof one needs of what happens. Actually, one of the reasons government loves the VAT over income tax is scope. Why raise 10% in taxes on 100m over taxed workers when you can get 10% from EVERYONE including de-fumers welfare spend. So if you have inherited $10m tax paid, they get a cut as you spend it. Sort of like tax you to get it and then tax you again to spend it. Coming and going. Instant inflation too, because what used to cost a $1 now costs $1.10 if the VAT is 10%. It is why people of Greece openly cheat on taxes. Income tax takes 60%, then you have to pay like 23% to spend it. Real tax screwing. Fed sales taxes, VAT, GST etc were all born from governmetn greed and statism. But the price of out of control government. -- Government has liberals, idealists and lawyers, but where is the common sense? Why be a moron.. but you answer that question every day! |
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