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#291
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#293
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In article , payer33859
@mypacks.net says... On 6/14/11 5:05 PM, I_am_Tosk wrote: In , says... In , says... The employer is not going to be taxed but I bet those people taking their 401k money out in the future will get their ass kicked on it. Tax-sheltered retirement income is taxed as ordinary income when distributed. Always was, is, always will be. It's expected that your income will be less when you retire. You might be able to use Roth IRA's to some extent if you think working vs. retirement yaxes will flip on you. Normally it doesn't work that way. Basically you've said if you're outside when it rains you'll get wet. Right now a worker would be paying a very minimal tax on this money but I bet those numbers will go up sharply as we try to dig our way out of crushing debt. Depends on income, but you have a point there. Low income workers could lose by saving. Here's the bright side. Low income worker don't have any ****ing money to save. What if everyone thinks the current tax on 401's is ok, tolerable so they pump them up, and then "somebody" decides to say, triple the tax on the 401's???? Why would that concern you? You spend you kid's college fund on motorbike parts. Do you have any proof of that, or just another lie? |
#294
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posted to rec.boats
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"wf3h" wrote in message ...
On Tue, 14 Jun 2011 21:56:34 -0700, "Califbill" wrote: "wf3h" wrote in message ... On Tue, 14 Jun 2011 15:25:48 -0600, Canuck57 wrote: The people who got rich were the ones who knew when to cash in before both bubbles popped. And the only politician to call it right on, Ron Paul. you should have been a standup comedian. the kluxer has no more understanding of economics than he does of his love affair with the KKK Reply: Actually Ron Paul was the only one to call several economic disasters correctly of all the Pols. meaningless. and he IS a kluxer He seems to have a better understanding of Econ 101 than 95% of the rest of the politicians and most of the public also. He will not be President, but would make one hell of an advisor. Probably the best candidate and will also not get the nod, is Newt G. He was the one who balanced Clinton's budgets. The Contract with America was one of the best things that happened to WJC. the contract ON america you mean. the continued war of the right against the ameircan middle class Reply: No the war on the middle class is the insane overspending by almost all the Congress's for 50 years. And the inflation that it has caused. 1968, a middle class family had an income of about $14k. Could buy a house and car and decent vacation. 43 years later, that is 1/2 of poverty level. The Contract with America was to allow those middle class to have the value of the money they earned. Not having to keep sending more to Washington, D,C. to pay for bloated government. One of the only places in the USA that has not seen a housing bust is the DC area. Lots of money there. |
#295
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posted to rec.boats
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On Wed, 15 Jun 2011 08:00:24 -0400, BAR wrote:
In article , says... On Tue, 14 Jun 2011 08:27:36 -0400, BAR wrote: In article , says... On Tue, 14 Jun 2011 01:05:46 -0400, wrote: On Mon, 13 Jun 2011 20:04:44 -0400, wf3h wrote: On Mon, 13 Jun 2011 19:33:44 -0400, wrote: That would encourage more long term investment. I think I would but an extra tax on any financial instrument that was kept less than a month to make flash trading less attractive. let's get one thing straight we dont need more INVESTMENT we need more CONSUMPTION. although investment is a form of consumption, ONLY MIDDLE CLASS CONSUMPTION can pull us out of the depression and wall street is NOT gonna let that happen You can't get consumption without jobs and the only way we get that is by expansion. It is clear the stimulus money just went into rich people's pockets and not much actually got invested in expanded industry. (thanks for a "no stimulus" stimulus bill) There are plenty of stim projects underway, even if you don't believe it or think they're working. They are working. We need more of them. Name 10 of them. Look them up yourself. http://stimuluswatch.org/2.0/ Pick 10 that were not already in the planning stages before 2008. Huh? What difference does that make? Never heard of "shovel ready" projects? Now they have funding, and they're creating jobs. That's the point moron. |
#296
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posted to rec.boats
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On Wed, 15 Jun 2011 07:46:12 -0400, BAR wrote:
In article , says... On Tue, 14 Jun 2011 16:16:47 -0600, Canuck57 wrote: On 14/06/2011 3:03 PM, wrote: On Tue, 14 Jun 2011 14:26:07 -0600, wrote: On 14/06/2011 11:14 AM, wrote: On Tue, 14 Jun 2011 08:21:23 -0400, wrote: In , says... On Mon, 13 Jun 2011 20:01:07 -0400, wrote: In , says... On Sun, 12 Jun 2011 17:22:54 -0600, wrote: On 11/06/2011 6:31 PM, wf3h wrote: On Sat, 11 Jun 2011 11:40:36 -0600, wrote: meaningless. and, of course, your method was tried it was called the depression of 29 ever hear of it?? Actually, you dumbsh1t fleabaggers says the right winger with a reader's digest view of economics should read. In 1929 they tried to spend out of it. In 1933 they realized after the 1932 crash that fleabagger debt spend does not work. Took 6 years of restraint to cover the debts and recovery was slow. really? uh...why did the depression end in 39? did something happen in 39? uh yeah...the US started to spend for ww2 canuck's moronic view of economics is exceeded only by his ignorance of history It was something called lend lease that got the factories moving again. So, money was spent by the US gov't. This stabilized the economy. Thanks for the confirmation. It was just like any other business deal. The corporations were told that if they made and sold the items now they would get some money down the road. This loaded up the companies billables and they could use that to borrow against. Which is exactly what happens when the gov't pumps money into the economy for things like the STIM. Jobs are created and people pay taxes. Same with the GM/Chrysler bailouts. All those people are still employed and paying taxes. The best bang for your buck (other than a war) are things like food stamps. That money returns to the economy immediately, and is a net positive, esp. in the short term. Look up the fine print of lend lease. First, it was less than a trillion dollars to end a decade long depression. Very, very cheap and efficient compared to Obamanomics. And no government debt for it. It was also precipitated by the ned for war munitions and goods for the world. No such needs to that level are needed today. But could be why Obama is war hungry. A bad mad debtor. Third element, it didn't have a debt battered business base. Debt of government, business and people were relatively low compared to today. Some economists say the end of the depression may have occured anyways and in fact had already started before WW II. The US gov't was going broke during WWII. That's what the bond push was all about. For God's sake, look things up before you quack. But that was for US weapons not forign weapons....look it up dough brain. Bozo... we're talking about gov't spending. Gov't spent. The economy recovered. I know it's a difficult concept for someone of your low intellect... With all of the current government spending around the US at the federal, state and local level why is the unemployment rate at 9%? Because 2.5 years isn't enough time to fix the problems created by the last administration. Unemployment numbers typically take quite a while to recover. |
#297
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posted to rec.boats
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On Wed, 15 Jun 2011 07:43:51 -0400, BAR wrote:
In article , says... On Tue, 14 Jun 2011 20:17:38 -0400, BAR wrote: In article , says... On Tue, 14 Jun 2011 08:21:23 -0400, BAR wrote: In article , says... On Mon, 13 Jun 2011 20:01:07 -0400, BAR wrote: In article , says... On Sun, 12 Jun 2011 17:22:54 -0600, Canuck57 wrote: On 11/06/2011 6:31 PM, wf3h wrote: On Sat, 11 Jun 2011 11:40:36 -0600, wrote: meaningless. and, of course, your method was tried it was called the depression of 29 ever hear of it?? Actually, you dumbsh1t fleabaggers says the right winger with a reader's digest view of economics should read. In 1929 they tried to spend out of it. In 1933 they realized after the 1932 crash that fleabagger debt spend does not work. Took 6 years of restraint to cover the debts and recovery was slow. really? uh...why did the depression end in 39? did something happen in 39? uh yeah...the US started to spend for ww2 canuck's moronic view of economics is exceeded only by his ignorance of history It was something called lend lease that got the factories moving again. So, money was spent by the US gov't. This stabilized the economy. Thanks for the confirmation. It was just like any other business deal. The corporations were told that if they made and sold the items now they would get some money down the road. This loaded up the companies billables and they could use that to borrow against. Which is exactly what happens when the gov't pumps money into the economy for things like the STIM. Jobs are created and people pay taxes. Same with the GM/Chrysler bailouts. All those people are still employed and paying taxes. The best bang for your buck (other than a war) are things like food stamps. That money returns to the economy immediately, and is a net positive, esp. in the short term. How much of the "STIM" money has been spent and what was it spent on? Look it up. Two people posted the link. Just like a liberal, wants someone else to do the work. Just like a moron, wants someone else to think for him. I know you're afraid to look it up, but man up. |
#298
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posted to rec.boats
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On Wed, 15 Jun 2011 07:46:28 -0400, Harryk
wrote: On 6/15/11 7:43 AM, BAR wrote: In , says... On Tue, 14 Jun 2011 20:17:38 -0400, wrote: In , says... On Tue, 14 Jun 2011 08:21:23 -0400, wrote: In , says... On Mon, 13 Jun 2011 20:01:07 -0400, wrote: In , says... On Sun, 12 Jun 2011 17:22:54 -0600, wrote: On 11/06/2011 6:31 PM, wf3h wrote: On Sat, 11 Jun 2011 11:40:36 -0600, wrote: meaningless. and, of course, your method was tried it was called the depression of 29 ever hear of it?? Actually, you dumbsh1t fleabaggers says the right winger with a reader's digest view of economics should read. In 1929 they tried to spend out of it. In 1933 they realized after the 1932 crash that fleabagger debt spend does not work. Took 6 years of restraint to cover the debts and recovery was slow. really? uh...why did the depression end in 39? did something happen in 39? uh yeah...the US started to spend for ww2 canuck's moronic view of economics is exceeded only by his ignorance of history It was something called lend lease that got the factories moving again. So, money was spent by the US gov't. This stabilized the economy. Thanks for the confirmation. It was just like any other business deal. The corporations were told that if they made and sold the items now they would get some money down the road. This loaded up the companies billables and they could use that to borrow against. Which is exactly what happens when the gov't pumps money into the economy for things like the STIM. Jobs are created and people pay taxes. Same with the GM/Chrysler bailouts. All those people are still employed and paying taxes. The best bang for your buck (other than a war) are things like food stamps. That money returns to the economy immediately, and is a net positive, esp. in the short term. How much of the "STIM" money has been spent and what was it spent on? Look it up. Two people posted the link. Just like a liberal, wants someone else to do the work. Typical conservative: not enough smarts to look things up. Lazy ass is more accurate. |
#299
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posted to rec.boats
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On Wed, 15 Jun 2011 07:47:42 -0400, BAR wrote:
In article , says... On Tue, 14 Jun 2011 20:19:49 -0400, BAR wrote: In article , says... On Tue, 14 Jun 2011 08:22:44 -0400, BAR wrote: In article , says... On Tue, 14 Jun 2011 01:02:05 -0400, wrote: spend out of it. In 1933 they realized after the 1932 crash that fleabagger debt spend does not work. Took 6 years of restraint to cover the debts and recovery was slow. really? uh...why did the depression end in 39? did something happen in 39? uh yeah...the US started to spend for ww2 canuck's moronic view of economics is exceeded only by his ignorance of history It was something called lend lease that got the factories moving again. That was when the rest of the world was borrowing from us. Bob, do you see the difference? Greg, do you see that the US gov't was injecting money into the economy? Do you see why it doesn't make much difference how it does it and that via a war isn't exactly the best way to do that... unless you don't mind killing a lot of people in the name of profit of course. Never mind. You're hiding. I forgot. It is funny that when some try to tell us that the only way to make money is to spend money. Yet it just never seems to work with governments. They more the spend the more debt they create for everyone. It's funny that you don't know anything about how an economy works. Governments do not generate wealth. The only thing governments are good at with respect to money is waste, fraud and corruption. Wealth isn't the issue. It's the middle class who are getting screwed and they're not interested in wealth. They're interested in short term survival. Wrong, wealth is the issue. Without generating new wealth you are just moving the same money around. Do you know where wealth comes from? It comes from natural resources. So, someone who's barely able to feed his kids is interested in creating wealth? Hardly. That's a long term goal, not a short term reality. Wealth has little to do with natural resources in the modern world... only by association. Wealth has to do with ideas, innovation, business acumen, and moral and ethical integrity. Try again. |
#300
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posted to rec.boats
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On Wed, 15 Jun 2011 07:51:53 -0400, BAR wrote:
In article , says... On Tue, 14 Jun 2011 20:21:09 -0400, BAR wrote: In article , says... On Tue, 14 Jun 2011 08:24:05 -0400, BAR wrote: In article , says... On Tue, 14 Jun 2011 01:02:05 -0400, wrote: spend out of it. In 1933 they realized after the 1932 crash that fleabagger debt spend does not work. Took 6 years of restraint to cover the debts and recovery was slow. really? uh...why did the depression end in 39? did something happen in 39? uh yeah...the US started to spend for ww2 canuck's moronic view of economics is exceeded only by his ignorance of history It was something called lend lease that got the factories moving again. That was when the rest of the world was borrowing from us. Bob, do you see the difference? yep. typical LIBERAL KEYNESIAN economcis -borrow and spend in bad times -pay back in good thanks. i already knew that That is national suicide and we are seeing it occur right in front of our eyes. We have borrowed and spent our self to near insolvency. This is a long term problem, not a short term problem. Get real. The spending has been going on for about 100 years. It needs to stop. Tomorrow... and screw the middle class who are going to get hurt. No need to actually fix the problems, just screw over people. Typical right-wing greedy asshole. The progressive movement with its ideals that people need to be taken care of has gotten us into this mess. People need to be told that they are responsible for themselves and that they will no longer be given government assistance. The progressive movement has little to do with "people need to be taken care of." That's the right-wing talking point on the subject. As typical... screw the poor and the middle class. The only people who really count are the billionaires. Well, screw you and the right-wing agenda. |
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