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#1
posted to rec.boats
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americans think, wrongly, that the upper 20% of americans have 60% of
the coutnry's weath. the REAL figure is 85%. http://www.good.is/post/americans-ar...ign=o utbrain so what are they going to do? send to congress the GOP who thinks this 20% should be given a massive tax cut. makes sense, huh? |
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#2
posted to rec.boats
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"bpuharic" wrote in message ... americans think, wrongly, that the upper 20% of americans have 60% of the coutnry's weath. the REAL figure is 85%. http://www.good.is/post/americans-ar...ign=o utbrain so what are they going to do? send to congress the GOP who thinks this 20% should be given a massive tax cut. makes sense, huh? I can understand the rich wanting to elect the party that will best promote their interests...... It's the people like The Freak that I can't understand. |
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#4
posted to rec.boats
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"Secular Humoresque" wrote in message ... In article , says... "bpuharic" wrote in message ... americans think, wrongly, that the upper 20% of americans have 60% of the coutnry's weath. the REAL figure is 85%. http://www.good.is/post/americans-ar...ign=o utbrain so what are they going to do? send to congress the GOP who thinks this 20% should be given a massive tax cut. makes sense, huh? I can understand the rich wanting to elect the party that will best promote their interests...... It's the people like The Freak that I can't understand. The only thing you can understand is when I post, you reply with stupid stuff. Your nose is up mine and plume's ass constantly. Have you ever had an original thought? Sure...here's one............. you are a jackass! No wait...that isn't even close to being original.... |
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#5
posted to rec.boats
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"bpuharic" wrote in message ... americans think, wrongly, that the upper 20% of americans have 60% of the coutnry's weath. the REAL figure is 85%. http://www.good.is/post/americans-ar...ign=o utbrain so what are they going to do? send to congress the GOP who thinks this 20% should be given a massive tax cut. makes sense, huh? How about government cutting spending? You take $100 billion from the richest, or you take $100 billion with a VAT tax from all. You still take $100 billion out of the economy. There is $100 billion less to invest, there is $100 billion less to spend by the money earners. Yes, the tax rate for all is too low. 46% of the people do not pay any federal INCOME tax. They are receiving services but not paying anything. In early 1950's the total family tax burden for all taxes was about 22%. Now the average for all, even including those 46% who pay no Federal INCOME taxes is closer to 44%. Something is clearly wrong in Washington DC and in the state capitals. Due to government caused inflation, the poverty level is about $24,000. 30 years ago, that was an experienced, degreed engineers salary. We have priced ourselves out of the world manufacturing market. Sure we export stuff. But those things are mostly food and airplanes and medicine. No car exports, few machine tool exports. Some software, but little manufactured stuff. The only way we are going to recover is cut entitlements and frivolous spending. Cut the NEA, cut the bureaucracy that is taking 30% of the education dollar at the Federal level before they send it back to the states, plus with lots if strings attached. Cut the budgets of all the departments at least 25%. You can find at least that much bloat with hardly looking. Bob, take 90% of the money all those whose family's are making $200k. I do not make that anymore, but I bet you cry unfair when an Engineer with an attorney wife get taxed 90%. sorry, you asked for the rich to be taxed. |
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#6
posted to rec.boats
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"Califbill" wrote in message m... "bpuharic" wrote in message ... americans think, wrongly, that the upper 20% of americans have 60% of the coutnry's weath. the REAL figure is 85%. http://www.good.is/post/americans-ar...ign=o utbrain so what are they going to do? send to congress the GOP who thinks this 20% should be given a massive tax cut. makes sense, huh? How about government cutting spending? You take $100 billion from the richest, or you take $100 billion with a VAT tax from all. You still take $100 billion out of the economy. There is $100 billion less to invest, there is $100 billion less to spend by the money earners. Yes, the tax rate for all is too low. 46% of the people do not pay any federal INCOME tax. They are receiving services but not paying anything. In early 1950's the total family tax burden for all taxes was about 22%. Now the average for all, even including those 46% who pay no Federal INCOME taxes is closer to 44%. Something is clearly wrong in Washington DC and in the state capitals. Due to government caused inflation, the poverty level is about $24,000. 30 years ago, that was an experienced, degreed engineers salary. We have priced ourselves out of the world manufacturing market. Sure we export stuff. But those things are mostly food and airplanes and medicine. No car exports, few machine tool exports. Some software, but little manufactured stuff. The only way we are going to recover is cut entitlements and frivolous spending. Cut the NEA, cut the bureaucracy that is taking 30% of the education dollar at the Federal level before they send it back to the states, plus with lots if strings attached. Cut the budgets of all the departments at least 25%. You can find at least that much bloat with hardly looking. Bob, take 90% of the money all those whose family's are making $200k. I do not make that anymore, but I bet you cry unfair when an Engineer with an attorney wife get taxed 90%. sorry, you asked for the rich to be taxed. How about a real gov't spending cut instead of your BS about the NEA. Cut the US military by 1/3. Do it over 10 years. We don't need any more subs, bomber, and troops in Germany, Japan, and a bunch of other places. I think Europe is secure from the Russians at this point. (Proposed by Rand Paul and Barney Frank - two commies in your world view I'd guess) http://www.warresisters.org/pages/piechart.htm Then, we can end the subsidies the oil companies. http://www.reuters.com/article/idUSTRE6103RM20100201 (Oh wait... Obama actually proposed it - let's see the Republicans block it) And, certainly we could raise taxes on the top 2% in the US by a couple of percent. Horrors! The rich will still get richer, but a tiny bit slower. |
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#7
posted to rec.boats
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wrote in message ... On Thu, 7 Oct 2010 00:58:00 -0700, "nom=de=plume" wrote: "Califbill" wrote in message news:d86dnYxcu5SFyzDRnZ2dnUVZ_oWdnZ2d@earthlink. com... "bpuharic" wrote in message ... americans think, wrongly, that the upper 20% of americans have 60% of the coutnry's weath. the REAL figure is 85%. http://www.good.is/post/americans-ar...ign=o utbrain so what are they going to do? send to congress the GOP who thinks this 20% should be given a massive tax cut. makes sense, huh? How about government cutting spending? You take $100 billion from the richest, or you take $100 billion with a VAT tax from all. You still take $100 billion out of the economy. There is $100 billion less to invest, there is $100 billion less to spend by the money earners. Yes, the tax rate for all is too low. 46% of the people do not pay any federal INCOME tax. They are receiving services but not paying anything. In early 1950's the total family tax burden for all taxes was about 22%. Now the average for all, even including those 46% who pay no Federal INCOME taxes is closer to 44%. Something is clearly wrong in Washington DC and in the state capitals. Due to government caused inflation, the poverty level is about $24,000. 30 years ago, that was an experienced, degreed engineers salary. We have priced ourselves out of the world manufacturing market. Sure we export stuff. But those things are mostly food and airplanes and medicine. No car exports, few machine tool exports. Some software, but little manufactured stuff. The only way we are going to recover is cut entitlements and frivolous spending. Cut the NEA, cut the bureaucracy that is taking 30% of the education dollar at the Federal level before they send it back to the states, plus with lots if strings attached. Cut the budgets of all the departments at least 25%. You can find at least that much bloat with hardly looking. Bob, take 90% of the money all those whose family's are making $200k. I do not make that anymore, but I bet you cry unfair when an Engineer with an attorney wife get taxed 90%. sorry, you asked for the rich to be taxed. How about a real gov't spending cut instead of your BS about the NEA. Cut the US military by 1/3. Do it over 10 years. We don't need any more subs, bomber, and troops in Germany, Japan, and a bunch of other places. I think Europe is secure from the Russians at this point. (Proposed by Rand Paul and Barney Frank - two commies in your world view I'd guess) http://www.warresisters.org/pages/piechart.htm Then, we can end the subsidies the oil companies. http://www.reuters.com/article/idUSTRE6103RM20100201 (Oh wait... Obama actually proposed it - let's see the Republicans block it) And, certainly we could raise taxes on the top 2% in the US by a couple of percent. Horrors! The rich will still get richer, but a tiny bit slower. I agree the military is the largest category of discretionary spending but 2/3ds soon to be 3/4ths of the spending is in the various entitlements and that is unsustainable, even if we cut the defense budget to zero. Oil subsidies are minuscule compared to the rest of the things we spend money on. That is less than it costs to keep our people in Afghanistan for an hour. ($750,000 per hour per guy) Discretionary spending and entitlements such as SS and Medicare are two different buckets. Discretionary spending in FY 2010 was $1.39 trillion, or 38% of total spending. More than half ($844 billion) was security spending, which includes the Department of Defense, overseas contingency programs and Homeland Security. Non-security spending was $553 billion. The largest departments we Health and Human Services ($84 billion), Transportation ($76 billion), Education ($46.8 billion), Housing and Urban Development ($43.6 billion) and Agriculture ($25 billion). Oil subsidies have no logical basis to continue. Are you against cutting spending wherever waste/abuse is found? What????? It's about $1M/year/troop. I think you missed something somewhere... http://www.nytimes.com/2009/11/15/us...cs/15cost.html |
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#8
posted to rec.boats
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wrote in message ... On Thu, 7 Oct 2010 10:48:17 -0700, "nom=de=plume" wrote: What????? It's about $1M/year/troop. I think you missed something somewhere... I am just quoting the number that is floating around CNN and MSNBC this week. The $1m a year is DoD overall and includes that soldier painting rocks white outside an officer's club in Arkansas and a sailor working at the Base Exchange in Norfolk It's not $1M per hour. It's $1M per year. Don't know what CNN/MSNBC said. If it's DoD over all, then it's got to be less per soldier. |
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#9
posted to rec.boats
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wrote in message ... On Thu, 7 Oct 2010 13:14:47 -0700, "nom=de=plume" wrote: wrote in message . .. On Thu, 7 Oct 2010 10:48:17 -0700, "nom=de=plume" wrote: What????? It's about $1M/year/troop. I think you missed something somewhere... I am just quoting the number that is floating around CNN and MSNBC this week. The $1m a year is DoD overall and includes that soldier painting rocks white outside an officer's club in Arkansas and a sailor working at the Base Exchange in Norfolk It's not $1M per hour. It's $1M per year. Don't know what CNN/MSNBC said. If it's DoD over all, then it's got to be less per soldier. You are right about the $1m per year. Now you have me curious about the other number. Dylan Ratigan, Charley Rose and one of the CNN guys all had the same number and I heard it to be $700k/hr. I will go back through my DVR and see if I can get a better cite Maybe it was $700/hour? ![]() |
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#10
posted to rec.boats
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wrote in message ... On Thu, 7 Oct 2010 10:48:17 -0700, "nom=de=plume" wrote: What????? It's about $1M/year/troop. I think you missed something somewhere... I am just quoting the number that is floating around CNN and MSNBC this week. The $1m a year is DoD overall and includes that soldier painting rocks white outside an officer's club in Arkansas and a sailor working at the Base Exchange in Norfolk And how much of the DOD budget is pork of non DOD spending? the first Supplemental spending bill for Iraq was something like 24% pork. I have said for years to get us out of most of Europe and a lot of other lands. Japan, until they decided to spend excessively like we are presently doing, was doing really well as their total cost for Civil Defense was only about 6% of GDP. That included Fire, Police, National Guard, Coast Guard, etc. Gave them about 10% extra of GDP for financing companies to take business away from the US and other lands. Yes we can cut defense spending 25% as well. But where is the basis for spending on NEA? Or other really discretionary items like that? Dept. of Education was not even a department until about 1974. What is their budget now? How many employees? How much did spending go up during the Clinton years? Just like California, they spent the windfall of the dot.com boom, without saving any of the windfall. Plus they committed the spending in to future years. Clinton came closer to balancing the budget, only because there was a tremendous surge in Federal Revenues from all those IPO's. They took about 36.5% of every IPO. 35% top tax rate and 1.5% Medicare tax. No upper limits on either. Look at the vote buying via Medicare and the drug benefits. Totally out of control spending. |
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