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#1
posted to rec.boats
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On Wed, 21 Jul 2010 21:36:49 -0700, "Califbill"
wrote: "bpuharic" wrote in message there's a reason CDO's went from 1 trillion in 97 to SIXTY TWO TRILLION in 2007 greed of the rich. it had NOTHING to do with the middle class you dont know **** about anything, let alone the middle class I may be dumb, but not anywhere as dumb as you. I have bought several houses, I own my house. no one cares. you're not the entire middle class. you simply think you're rich so it MUST be god on your side go ahead. sell that attitude to the millions who cant make mortgage payments, or lose their jobs. |
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#2
posted to rec.boats
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On 22/07/2010 4:21 AM, bpuharic wrote:
On Wed, 21 Jul 2010 21:36:49 -0700, "Califbill" wrote: wrote in message there's a reason CDO's went from 1 trillion in 97 to SIXTY TWO TRILLION in 2007 greed of the rich. it had NOTHING to do with the middle class you dont know **** about anything, let alone the middle class I may be dumb, but not anywhere as dumb as you. I have bought several houses, I own my house. no one cares. you're not the entire middle class. you simply think you're rich so it MUST be god on your side go ahead. sell that attitude to the millions who cant make mortgage payments, or lose their jobs. Bill's stopy is not quique. Those that are "conservative" and don't worship debt do far better than liberal debt mongers. Thats a fact jack. -- Government has liberals, idealists and lawyers, but where is the common sense? |
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#3
posted to rec.boats
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On Thu, 22 Jul 2010 06:42:39 -0600, Canuck57
wrote: On 22/07/2010 4:21 AM, bpuharic wrote: On Wed, 21 Jul 2010 21:36:49 -0700, "Califbill" wrote: s. you simply think you're rich so it MUST be god on your side go ahead. sell that attitude to the millions who cant make mortgage payments, or lose their jobs. Bill's stopy is not quique. Those that are "conservative" and don't worship debt do far better than liberal debt mongers. gee. that biggest spenders in history are conservatives. |
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#4
posted to rec.boats
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"bpuharic" wrote in message ... On Thu, 22 Jul 2010 06:42:39 -0600, Canuck57 wrote: On 22/07/2010 4:21 AM, bpuharic wrote: On Wed, 21 Jul 2010 21:36:49 -0700, "Califbill" wrote: s. you simply think you're rich so it MUST be god on your side go ahead. sell that attitude to the millions who cant make mortgage payments, or lose their jobs. Bill's stopy is not quique. Those that are "conservative" and don't worship debt do far better than liberal debt mongers. gee. that biggest spenders in history are conservatives. Maybe previously, but the liberals in charge have spent more in the last 18 months than almost all the conservatives combined. |
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#5
posted to rec.boats
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On Thu, 22 Jul 2010 10:07:32 -0700, "Califbill"
wrote: "bpuharic" wrote in message .. . On Thu, 22 Jul 2010 06:42:39 -0600, Canuck57 wrote: On 22/07/2010 4:21 AM, bpuharic wrote: On Wed, 21 Jul 2010 21:36:49 -0700, "Califbill" wrote: s. you simply think you're rich so it MUST be god on your side go ahead. sell that attitude to the millions who cant make mortgage payments, or lose their jobs. Bill's stopy is not quique. Those that are "conservative" and don't worship debt do far better than liberal debt mongers. gee. that biggest spenders in history are conservatives. Maybe previously, but the liberals in charge have spent more in the last 18 months than almost all the conservatives combined. you DO realize that the spending in the first year of obama's govt...was determined by george bush...bush raised the deficit to 9% of GDP. so, again, you give us proof of your racism |
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#6
posted to rec.boats
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"bpuharic" wrote in message ... On Thu, 22 Jul 2010 10:07:32 -0700, "Califbill" wrote: "bpuharic" wrote in message . .. On Thu, 22 Jul 2010 06:42:39 -0600, Canuck57 wrote: On 22/07/2010 4:21 AM, bpuharic wrote: On Wed, 21 Jul 2010 21:36:49 -0700, "Califbill" wrote: s. you simply think you're rich so it MUST be god on your side go ahead. sell that attitude to the millions who cant make mortgage payments, or lose their jobs. Bill's stopy is not quique. Those that are "conservative" and don't worship debt do far better than liberal debt mongers. gee. that biggest spenders in history are conservatives. Maybe previously, but the liberals in charge have spent more in the last 18 months than almost all the conservatives combined. you DO realize that the spending in the first year of obama's govt...was determined by george bush...bush raised the deficit to 9% of GDP. so, again, you give us proof of your racism And Obama has raised it to about 18%. We are borrowing about 40 cents of every dollar of spending. How long you think that can go on. Cities and states are in the same boat. Mostly because they promised pie in the sky retirement benefits they did not fund. When a few large cities declare bankruptcy, which is not out of the question, they may be few states, California being the leader who default on their debt. How much do you think we will have to pay to borrow that excess spending money? We will big in the same boat as the PIIGS. Obama asked all of Europe at the G20 to deficit spend our way out of the recession. HE WAS TURNED DOWN. We have about 107 Trillion in unfunded mandates. Mostly SS, and Medicare and other government retirement stuff. What is that 10x the GDP? Historically the Fed has gotten about 18% of the GDP in revenue. No matter what the tax rates. It is projected by a couple economists that by 2024 the average worker will have to pay 62% of their wages to the Feds. How many will work at the rate? How many will decide they can go on the dole and do about the same? |
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#7
posted to rec.boats
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On 22/07/2010 7:41 PM, Califbill wrote:
"bpuharic" wrote in message ... On Thu, 22 Jul 2010 10:07:32 -0700, "Califbill" wrote: "bpuharic" wrote in message ... On Thu, 22 Jul 2010 06:42:39 -0600, Canuck57 wrote: On 22/07/2010 4:21 AM, bpuharic wrote: On Wed, 21 Jul 2010 21:36:49 -0700, "Califbill" wrote: s. you simply think you're rich so it MUST be god on your side go ahead. sell that attitude to the millions who cant make mortgage payments, or lose their jobs. Bill's stopy is not quique. Those that are "conservative" and don't worship debt do far better than liberal debt mongers. gee. that biggest spenders in history are conservatives. Maybe previously, but the liberals in charge have spent more in the last 18 months than almost all the conservatives combined. you DO realize that the spending in the first year of obama's govt...was determined by george bush...bush raised the deficit to 9% of GDP. so, again, you give us proof of your racism And Obama has raised it to about 18%. We are borrowing about 40 cents of every dollar of spending. How long you think that can go on. Cities and states are in the same boat. Mostly because they promised pie in the sky retirement benefits they did not fund. When a few large cities declare bankruptcy, which is not out of the question, they may be few states, California being the leader who default on their debt. How much do you think we will have to pay to borrow that excess spending money? We will big in the same boat as the PIIGS. Obama asked all of Europe at the G20 to deficit spend our way out of the recession. HE WAS TURNED DOWN. We have about 107 Trillion in unfunded mandates. Mostly SS, and Medicare and other government retirement stuff. What is that 10x the GDP? Historically the Fed has gotten about 18% of the GDP in revenue. No matter what the tax rates. It is projected by a couple economists that by 2024 the average worker will have to pay 62% of their wages to the Feds. How many will work at the rate? How many will decide they can go on the dole and do about the same? Actually, not long. There are strong indications serious money is exiting USD. Will not be long before a big tilt happens on the US and inflation will skyrocket. I figure it is going to be this fall or winter. -- Government has liberals, idealists and lawyers, but where is the common sense? |
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#8
posted to rec.boats
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On Thu, 22 Jul 2010 18:41:42 -0700, "Califbill"
wrote: "bpuharic" wrote in message .. . On Thu, 22 Jul 2010 10:07:32 -0700, "Califbill" wrote: gee. that biggest spenders in history are conservatives. Maybe previously, but the liberals in charge have spent more in the last 18 months than almost all the conservatives combined. you DO realize that the spending in the first year of obama's govt...was determined by george bush...bush raised the deficit to 9% of GDP. so, again, you give us proof of your racism And Obama has raised it to about 18%. well no. it's still running about 9 oir 10%. bush increased it by 300%. obama by about 10%. but bush is white, you see... We are borrowing about 40 cents of every dollar of spending. How long you think that can go on. tell you what stop spending that 40 cents. what do you think is gonna happen to the economy? consumers cant afford to spend because they've been raped by the rich for the past 30 years. so where's the money? We will big in the same boat as the PIIGS. Obama asked all of Europe at the G20 to deficit spend our way out of the recession. HE WAS TURNED DOWN. gee. ireland didnt spend. they cut govt spending. their economy is now in a tailspin how's that working out? We have about 107 Trillion in unfunded mandates. Mostly SS, and Medicare and other government retirement stuff. What is that 10x the GDP? Historically the Fed has gotten about 18% of the GDP in revenue. No matter what the tax rates. It is projected by a couple economists that by 2024 the average worker will have to pay 62% of their wages to the Feds. How many will work at the rate? How many will decide they can go on the dole and do about the same? gee. too bad wall street has raped the middle class, leaving us no money at all, isnt it? |
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#9
posted to rec.boats
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On 22/07/2010 10:32 AM, bpuharic wrote:
On Thu, 22 Jul 2010 06:42:39 -0600, wrote: On 22/07/2010 4:21 AM, bpuharic wrote: On Wed, 21 Jul 2010 21:36:49 -0700, "Califbill" wrote: s. you simply think you're rich so it MUST be god on your side go ahead. sell that attitude to the millions who cant make mortgage payments, or lose their jobs. Bill's stopy is not quique. Those that are "conservative" and don't worship debt do far better than liberal debt mongers. gee. that biggest spenders in history are conservatives. Wrong, Obama in less than two years has overspent Bush in 8 year buy THREE times the amount. I suggest you read up on 1932, the second dip, the big second dip after governmen then tried to buy its way out of debt. I figure this winter is going to be a cold one for many. -- Government has liberals, idealists and lawyers, but where is the common sense? |
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#10
posted to rec.boats
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On Thu, 22 Jul 2010 19:55:45 -0600, Canuck57
wrote: On 22/07/2010 10:32 AM, bpuharic wrote: On Thu, 22 Jul 2010 06:42:39 -0600, wrote: gee. that biggest spenders in history are conservatives. Wrong, Obama in less than two years has overspent Bush in 8 year buy THREE times the amount. uh no. obama's 1st year in office had a budget designed by george bush. bush increased the deficit to 9% of GDP. so bush is the big spender I suggest you read up on 1932, the second dip, the big second dip after governmen then tried to buy its way out of debt. yeah. let me know how letting the banks fail worked out, OK? I figure this winter is going to be a cold one for many. of course, the american right will ensure the rich do just fine |
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