On 18/07/2010 9:08 PM, bpuharic wrote:
On Sun, 18 Jul 2010 19:17:48 -0600,
wrote:


That is what they did in Canada and UK when the fat lady sung the whole
song.

guess he's unaware that the canadian economy is in better shape than
the US, and the UK has just announced major spending cuts.

ooh well...the right never was very smart

It is only temporary. They say that but in reality Canada is always a
little behind. What really helps us is that we are resources/food
based. Want beer and wheat, or oil and NG to warm the butts in
winter... Even export hydro eletrcity. We do not have much
discretionary manufacturing like boats.

For example, China is growing, they buy a lot of coal from Tech Cominco.
Keeps the rails, banks, incomes, cities and tax base running even
though US buyers are fewer.

At some point Canada usually does lapse and follow the US, but in part,
our government has been more conservative only overspending $60 billion
or so depending on who you believe. Small by US comparison even if you
factor in population.

Example, Federally Canada has $240 billion or so revenue. But is
overspending say $60 billion. Or about 25%.

US democrats are overspending closer to 85% by the same measurements.
Yep, Obama could double your income tax and he probably still could nt
make a balanced budget. Spend crazy madnes in DC.

--

Government has liberals, idealists and lawyers, but where is the common
sense?

wrote:
On Mon, 19 Jul 2010 00:03:06 -0600, Canuck57
wrote:

Yep, Obama could double your income tax and he probably still could not
make a balanced budget. Spend crazy madnes in DC.

Sadly that is true. The deficit is 1.4 trillion and we only collect
1.25 trillion in income taxes now. The idea that the top 1% of the tax
payers could make up this short fall is ludicrous

I've never heard anybody say that. Except you did right there.
Why say silly stuff?

Jim - What's going on here?

In article , says...

wrote:
On Mon, 19 Jul 2010 00:03:06 -0600, Canuck57
wrote:

Yep, Obama could double your income tax and he probably still could not
make a balanced budget. Spend crazy madnes in DC.

Sadly that is true. The deficit is 1.4 trillion and we only collect
1.25 trillion in income taxes now. The idea that the top 1% of the tax
payers could make up this short fall is ludicrous

I've never heard anybody say that. Except you did right there.
Why say silly stuff?

Jim - What's going on here?

Either way, remember, the top one percent takes whatever it pays, back
out of "our" asses... We pay 100% of the taxes through inflation..

--
Rowdy Mouse Racing - We race for cheese!

On 7/19/10 6:14 PM, I am Tosk wrote:
In , says...

wrote:
On Mon, 19 Jul 2010 00:03:06 -0600,
wrote:

Yep, Obama could double your income tax and he probably still could not
make a balanced budget. Spend crazy madnes in DC.

Sadly that is true. The deficit is 1.4 trillion and we only collect
1.25 trillion in income taxes now. The idea that the top 1% of the tax
payers could make up this short fall is ludicrous

I've never heard anybody say that. Except you did right there.
Why say silly stuff?

Jim - What's going on here?

Either way, remember, the top one percent takes whatever it pays, back
out of "our" asses... We pay 100% of the taxes through inflation..



Scott Ingersoll...economist.

snerk

I am Tosk wrote:
In article , says...
wrote:
On Mon, 19 Jul 2010 00:03:06 -0600, Canuck57
wrote:

Yep, Obama could double your income tax and he probably still could not
make a balanced budget. Spend crazy madnes in DC.
Sadly that is true. The deficit is 1.4 trillion and we only collect
1.25 trillion in income taxes now. The idea that the top 1% of the tax
payers could make up this short fall is ludicrous
I've never heard anybody say that. Except you did right there.
Why say silly stuff?

Jim - What's going on here?

Either way, remember, the top one percent takes whatever it pays, back
out of "our" asses... We pay 100% of the taxes through inflation..


Check this out.
http://sociology.ucsc.edu/whorulesam...er/wealth.html

Ignore any politics and look at the numbers.
That "middle class" bpharic is always whining about?
Doesn't exist.
That vast amount of money the "average" American Joe has invested in
Wall Street that their news media pimps are always talking about?
Doesn't exist.
That deficit that Greg is always whining about?
Guess where that money went?
Forget about the top 1%.
Just the top 400 wealthy people in the U.S. are worth the entire
deficit. Just the top 400. Forbes has that info.
How do you think they accumulated that wealth?
Inflation?
The rich didn't get your money with inflation.
They got it by selling American jobs to foreigners.
That's what's caused the deficit too.
Wealth for the "average" guy comes from work.
Wealth for the wealthy comes from selling out the "average" guy.
They call that their "work."
That's how it works.
And the pols seem happy with that.
Most are pretty wealthy. You can look that up too.
That's how it works.

Jim - Does what goes around really come around?

wrote in message
...
On Mon, 19 Jul 2010 00:03:06 -0600, Canuck57
wrote:

Yep, Obama could double your income tax and he probably still could not
make a balanced budget. Spend crazy madnes in DC.

Sadly that is true. The deficit is 1.4 trillion and we only collect
1.25 trillion in income taxes now. The idea that the top 1% of the tax
payers could make up this short fall is ludicrous

You guys really need to calm down about the deficit. In the short term, it
is required to ensure a stable economy. It's fixable in the long term. The
rest is just fear-based bs.