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Obama destroyed the USA with DEBT
On 11/07/2011 10:35 AM, Califbill wrote:
"Harryk" wrote in message ... On 7/10/11 12:55 PM, Canuck57 wrote: On 10/07/2011 9:38 AM, wf3h wrote: On Sat, 09 Jul 2011 12:23:22 -0600, wrote: On 08/07/2011 7:38 PM, wf3h wrote: On Fri, 08 Jul 2011 21:10:06 -0400, L wrote: wf3h wrote: On Fri, 08 Jul 2011 10:12:15 -0600, wrote: the govt is the smallest it's been in 60 years. to the right that's too big since it means they can still examine wall street Post proof or retract. you really are ****ing stupid, aren't you? you right wngers have NO ****ing idea about you views, what the facts are, etc. you just have your cliches and that's it ****ing IDIOT http://www.usatoday.com/money/perfi/...10-taxes_N.htm am i EVER wrong? no. YOU guys are IDIOTS Because people are unemployed idiot. Your average household has much less than 2/3rd the dollars coming in today than in 2006. Unless your a government civil servant that is, they just kept on growing. so let's see. you lied about the level of taxes. that's no surprise...you're right wing. you always lie. then you proved you didn't know **** about taxes. no surprise there either. the right wing doesnt know **** about taxes Spoken like a envious gutter slug. and the reason we dont have money in the US middle class? because in the last 30 years the richest 1% have had a 500% pay increase. that's where the money went. How much did you save? Oh, you screwed it away on toys and are now broke. Got it. so you dont know **** about the economic profile of the US, taxes or govt no surprise. you're right wing Conservative economics just works better. No ****. Told me to watch for 2008....while your liberal economic idiot deer were on the tracks in a comatose state, staring at the freight train. Going to get worse too. As government gets bigger, people get smaller. gee. taxes are the lowest they've been in 60 years. you just admitted that now you forgot it. again. you're right wing alright Taxes are low as people lost their jobs and unemployment is 1929 levels. Unemployed without alternative sources of income don't pay taxes. They are not lower for an individual that is working. During the Clinton years, when taxes on the wealthy were a bit higher, we had a budgetary surplus. Bush cut those slightly higher taxes on the wealthy and now we have deficits. D'oh. Clinton didn't have to service 9.7 trillion plus Obama-debt..... Trouble with debt is, if you double the debt it becomes 4 times the problem. The deeper you go, the less likely you are to get out. Government debt is like a mortgage but never gets paid off. So the first payment is every payment, almost 100% non-value added interest and servicing costs. Sure, go for the wealthy, but in reality they are the ones investing the cash return they get into job producing investments so even few job creating investments will be made. Hey, delinquent debtors and unions don't invest. And also know it reduces their future income tax. And wealthy to Obama is about anyone with a job and money. So with this wealth tax put back, how does Obama come up with the rest, still a $1.5 trillion deficit. Still no where close to a balanced budget. I get a kick out of this bull****. Congress obviously are just scared rabbits. They are talking 1 to 4 trillion in 10 years. They need to talk $1.7 trillion per year starting right now. Obama is playing the sluff it off to the next president game. Congress should just pass a $1.6 trillion cut it spending right now. Your average American has no clue what is about to happen to the USD...but here is a hint, depreciation of the USD (inflation) on the world markets is ramping up fast. And the government is already into spiral debt. May be even past the tipping point. Japanese have seen a 30% decrease in the standard of living in the last 3 years. It is coming to the USA. People should be mad as hornets. The only answer is an immediate downsize of the US government to fit revenue. Spend less than they rake in. Real money is gold, China and India now convert most of the cash to precious metals and not increasing the USD hold. USD is now failing as a world reserve currency. Only thing lacking is an alternative and the USD will become toilet paper. -- Now the real war is on Obama-debt, to save America's future. And do it for your kids sake....and ignore the selfish fleabags... |
Obama destroyed the USA with DEBT
On 7/11/11 2:11 PM, Canuck57 wrote:
Sure, go for the wealthy, but in reality they are the ones investing the cash return they get into job producing investments so even few job creating investments will be made. They're not investing, moron. They are hoarding their cash. |
Obama destroyed the USA with DEBT
In article , naled24511
@mypacks.net says... On 7/11/11 2:11 PM, Canuck57 wrote: Sure, go for the wealthy, but in reality they are the ones investing the cash return they get into job producing investments so even few job creating investments will be made. They're not investing, moron. They are hoarding their cash. Harry, if you dislike name calling so much that you don't allow it in your google group, how come you come here and do just that? If I find some particular action offensive, I certainly don't do the same thing that offends me. Most people don't. |
Obama destroyed the USA with DEBT
On 7/11/11 2:58 PM, iBoat more wrote:
In , naled24511 @mypacks.net says... On 7/11/11 2:11 PM, Canuck57 wrote: Sure, go for the wealthy, but in reality they are the ones investing the cash return they get into job producing investments so even few job creating investments will be made. They're not investing, moron. They are hoarding their cash. Harry, if you dislike name calling so much that you don't allow it in your google group, how come you come here and do just that? If I find some particular action offensive, I certainly don't do the same thing that offends me. Most people don't. **** you asshole, you are just ****ed because I won't allow you to join my Facebook Group or my Google Groups. I am talking about having someone design a web site for me, so I can custom design my group exactly the way I want, and you will not be invited to that group either. -- Want to discuss recreational boating and fishing in a forum where personal insults are not allowed? http://groups.google.com/group/rec-boating-fishing |
Obama destroyed the USA with DEBT
"wf3h" wrote in message ...
On Sat, 09 Jul 2011 22:48:18 -0400, L G wrote: wf3h wrote: On Fri, 08 Jul 2011 21:10:06 -0400, L wrote: the govt is the smallest it's been in 60 years. to the right that's too big since it means they can still examine wall street Post proof or retract. you really are ****ing stupid, aren't you? you right wngers have NO ****ing idea about you views, what the facts are, etc. you just have your cliches and that's it ****ing IDIOT http://www.usatoday.com/money/perfi/...10-taxes_N.htm am i EVER wrong? no. YOU guys are IDIOTS So, in your small mind, you associate the size of the US government with the tax revenue it collects? You aren't only blind, you are a moron, Bobbie! gee. someone's gotta pay for it. how's the GOP doing in tax cutting? any specifics? oh. none. the right keeps telling us we're overtaxed oh. you're lying about that. moron Reply: Moron? We do not have a revenue problem, we have a spending problem! The government requires excess wages in any government contract. Not what the market can support, and then taxes the rest of the people to enforce the excess payments. Living Wage! **** that! Pay what the job is worth. Minimum wage should be for those starting out with little skills. After 10 years in the workforce, there should be no minimum wage required. If you can not produce more than the MW you would earn, then you are not worth hiring. I do not care if it was Right or Left who overspent. And both parties did the overspending. Both parties have caused inflation over the last 30 years. When Nixon instituted wage and price controls the inflation rate was an unacceptable 3.3%. Over the last 30 years we have exceeded 4.8% a year rate. 1980 a mid level engineer, with a college degree made about $22k-23k a year. Now that is poverty level. We have inflated wages so much we have priced ourselves out of most manufacturing jobs. UAW built crap cars and not caring about the quality, drove buyers to foreign cars. Better quality for the same price. Was also management, but the workers did not help. Management should have been fired also. They assemble them here with lower cost workers. Screwed the UAW workers for being overpaid, underworked, careless workers. Same in a lot of other industries. All that deficit spending, is hurting the country in a couple of ways. Serious hurting! Inflating the US dollar to make us less competitive, and sucking up most of the capitol available to loan. Where is business who needs capitol to start of expand, going to get that capitol? Every business in the country is cutting back on employees and spending. Except for the US Federal Government. They have added 36,000 more employees and increased wages for most of the government employees. Raise taxes all you want, but without meaningful spending cuts, we are doomed. We need at least a $1.5 trillion dollar cut in spending, not a pathetic $36 Billion cut. Less than a percent. We also need to scrap the requirement to pay prevailing wages as now defined. The definition seems to be whatever the highest union negotiated wage is, not what is prevailing as paid in the industry. We need to allow companies to fire union workers who are incompetent a lot easier. Sure the union can protect workers from unjust termination, but a person drunk on the job, should be fired. Not have a court rule you have to keep them on the payroll. Happened to the SF Muni transit district. Drunk bus driver. They were required to pay him back wages and reinstate him in the job. A drunk bus driver! Sure there should be changes to the tax code, but those are not going to stop the deficit. May reduce in a minimal amount, but not what spending cuts would do. Kill the alcohol farm subsidy. Tax hedge fund managers at wage level not capitol gains level. Kill the cotton subsidy, kill a lot of the water subsidy. Where a farmer can pay $10 an acre foot and resell it to towns at $1000. Spending cuts are what are needed. There are not enough tax revenues available to rescue us. |
Obama destroyed the USA with DEBT
On 7/11/11 3:56 PM, Califbill wrote:
Reply: Moron? We do not have a revenue problem, we have a spending problem! GO talking points bull****. Nothing more. |
Obama destroyed the USA with DEBT
On Mon, 11 Jul 2011 12:11:56 -0600, Canuck57
wrote: On 11/07/2011 10:35 AM, Califbill wrote: "Harryk" wrote in message ... On 7/10/11 12:55 PM, Canuck57 wrote: On 10/07/2011 9:38 AM, wf3h wrote: On Sat, 09 Jul 2011 12:23:22 -0600, wrote: On 08/07/2011 7:38 PM, wf3h wrote: On Fri, 08 Jul 2011 21:10:06 -0400, L wrote: wf3h wrote: On Fri, 08 Jul 2011 10:12:15 -0600, wrote: the govt is the smallest it's been in 60 years. to the right that's too big since it means they can still examine wall street Post proof or retract. you really are ****ing stupid, aren't you? you right wngers have NO ****ing idea about you views, what the facts are, etc. you just have your cliches and that's it ****ing IDIOT http://www.usatoday.com/money/perfi/...10-taxes_N.htm am i EVER wrong? no. YOU guys are IDIOTS Because people are unemployed idiot. Your average household has much less than 2/3rd the dollars coming in today than in 2006. Unless your a government civil servant that is, they just kept on growing. so let's see. you lied about the level of taxes. that's no surprise...you're right wing. you always lie. then you proved you didn't know **** about taxes. no surprise there either. the right wing doesnt know **** about taxes Spoken like a envious gutter slug. and the reason we dont have money in the US middle class? because in the last 30 years the richest 1% have had a 500% pay increase. that's where the money went. How much did you save? Oh, you screwed it away on toys and are now broke. Got it. so you dont know **** about the economic profile of the US, taxes or govt no surprise. you're right wing Conservative economics just works better. No ****. Told me to watch for 2008....while your liberal economic idiot deer were on the tracks in a comatose state, staring at the freight train. Going to get worse too. As government gets bigger, people get smaller. gee. taxes are the lowest they've been in 60 years. you just admitted that now you forgot it. again. you're right wing alright Taxes are low as people lost their jobs and unemployment is 1929 levels. Unemployed without alternative sources of income don't pay taxes. They are not lower for an individual that is working. During the Clinton years, when taxes on the wealthy were a bit higher, we had a budgetary surplus. Bush cut those slightly higher taxes on the wealthy and now we have deficits. D'oh. Clinton didn't have to service 9.7 trillion plus Obama-debt..... Trouble with debt is, if you double the debt it becomes 4 times the problem. The deeper you go, the less likely you are to get out. Government debt is like a mortgage but never gets paid off. So the first payment is every payment, almost 100% non-value added interest and servicing costs. Sure, go for the wealthy, but in reality they are the ones investing the cash return they get into job producing investments so even few job creating investments will be made. Hey, delinquent debtors and unions don't invest. And also know it reduces their future income tax. And wealthy to Obama is about anyone with a job and money. So with this wealth tax put back, how does Obama come up with the rest, still a $1.5 trillion deficit. Still no where close to a balanced budget. I get a kick out of this bull****. Congress obviously are just scared rabbits. They are talking 1 to 4 trillion in 10 years. They need to talk $1.7 trillion per year starting right now. Obama is playing the sluff it off to the next president game. Congress should just pass a $1.6 trillion cut it spending right now. Your average American has no clue what is about to happen to the USD...but here is a hint, depreciation of the USD (inflation) on the world markets is ramping up fast. And the government is already into spiral debt. May be even past the tipping point. Japanese have seen a 30% decrease in the standard of living in the last 3 years. It is coming to the USA. People should be mad as hornets. The only answer is an immediate downsize of the US government to fit revenue. Spend less than they rake in. Real money is gold, China and India now convert most of the cash to precious metals and not increasing the USD hold. USD is now failing as a world reserve currency. Only thing lacking is an alternative and the USD will become toilet paper. You're truly stupid. Sure, throw more people out of work. Gov't workers don't pay taxes or buy things. Oh wait, they do. But, those big corps who ship jobs overseas, they pay their fair share. Oh wait, they don't. |
Obama destroyed the USA with DEBT
On Mon, 11 Jul 2011 12:56:05 -0700, "Califbill"
wrote: "wf3h" wrote in message ... On Sat, 09 Jul 2011 22:48:18 -0400, L G wrote: wf3h wrote: On Fri, 08 Jul 2011 21:10:06 -0400, L wrote: the govt is the smallest it's been in 60 years. to the right that's too big since it means they can still examine wall street Post proof or retract. you really are ****ing stupid, aren't you? you right wngers have NO ****ing idea about you views, what the facts are, etc. you just have your cliches and that's it ****ing IDIOT http://www.usatoday.com/money/perfi/...10-taxes_N.htm am i EVER wrong? no. YOU guys are IDIOTS So, in your small mind, you associate the size of the US government with the tax revenue it collects? You aren't only blind, you are a moron, Bobbie! gee. someone's gotta pay for it. how's the GOP doing in tax cutting? any specifics? oh. none. the right keeps telling us we're overtaxed oh. you're lying about that. moron Reply: Moron? We do not have a revenue problem, we have a spending problem! The government requires excess wages in any government contract. Not what the market can support, and then taxes the rest of the people to enforce the excess payments. Living Wage! **** that! Pay what the job is worth. Minimum wage should be for those starting out with little skills. After 10 years in the workforce, there should be no minimum wage required. If you can not produce more than the MW you would earn, then you are not worth hiring. I do not care if it was Right or Left who overspent. And both parties did the overspending. Both parties have caused inflation over the last 30 years. When Nixon instituted wage and price controls the inflation rate was an unacceptable 3.3%. Over the last 30 years we have exceeded 4.8% a year rate. 1980 a mid level engineer, with a college degree made about $22k-23k a year. Now that is poverty level. We have inflated wages so much we have priced ourselves out of most manufacturing jobs. UAW built crap cars and not caring about the quality, drove buyers to foreign cars. Better quality for the same price. Was also management, but the workers did not help. Management should have been fired also. They assemble them here with lower cost workers. Screwed the UAW workers for being overpaid, underworked, careless workers. Same in a lot of other industries. All that deficit spending, is hurting the country in a couple of ways. Serious hurting! Inflating the US dollar to make us less competitive, and sucking up most of the capitol available to loan. Where is business who needs capitol to start of expand, going to get that capitol? Every business in the country is cutting back on employees and spending. Except for the US Federal Government. They have added 36,000 more employees and increased wages for most of the government employees. Raise taxes all you want, but without meaningful spending cuts, we are doomed. We need at least a $1.5 trillion dollar cut in spending, not a pathetic $36 Billion cut. Less than a percent. We also need to scrap the requirement to pay prevailing wages as now defined. The definition seems to be whatever the highest union negotiated wage is, not what is prevailing as paid in the industry. We need to allow companies to fire union workers who are incompetent a lot easier. Sure the union can protect workers from unjust termination, but a person drunk on the job, should be fired. Not have a court rule you have to keep them on the payroll. Happened to the SF Muni transit district. Drunk bus driver. They were required to pay him back wages and reinstate him in the job. A drunk bus driver! Sure there should be changes to the tax code, but those are not going to stop the deficit. May reduce in a minimal amount, but not what spending cuts would do. Kill the alcohol farm subsidy. Tax hedge fund managers at wage level not capitol gains level. Kill the cotton subsidy, kill a lot of the water subsidy. Where a farmer can pay $10 an acre foot and resell it to towns at $1000. Spending cuts are what are needed. There are not enough tax revenues available to rescue us. As usual, you can't even get simple facts right. Inflation had been above 6% the above 4% when the controls when into effect. They soon went to double-digit and the wage/price control method was thoroughly debunked as a solution to inflation. "Living Wage! **** that!" Well, that pretty much sums up your attitude. **** everyone who isn't as well off as you and who cares if they or their kids starve. After all, we're just like Somalia. NOT. |
Obama destroyed the USA with DEBT
On Mon, 11 Jul 2011 09:35:07 -0700, "Califbill"
wrote: Reply: We really did not have a budget surplus. Congress spent all the extra money, and committed it to future spending also. The extra revenues were from a bubble. dot.com options taxed when awarded, were the big revenue generator, not any real job growth. wrong. using the same accounting methods that the GOP uses today, we had a surplus and the largest expenditures in history were the 2 tax cuts the GOP did in 2001 and 2003, and bush's trillion dollar war in iraq the GOP is bankrupting us while protecting wall street |
Obama destroyed the USA with DEBT
On Mon, 11 Jul 2011 12:11:56 -0600, Canuck57
wrote: On 11/07/2011 10:35 AM, Califbill wrote: "Harryk" wrote in message ... During the Clinton years, when taxes on the wealthy were a bit higher, we had a budgetary surplus. Bush cut those slightly higher taxes on the wealthy and now we have deficits. D'oh. Clinton didn't have to service 9.7 trillion plus Obama-debt..... can he name the debt? nope. can he tell us what obama did? nope but he knows obama's black... Sure, go for the wealthy, but in reality they are the ones investing the cash return they get into job producing investments so even few job creating investments will be made. more cliches and bull**** in lieu of evidence. capital gains today are as low as they've been in history. how's that working out? we at full employment? nope. the trickle down bull**** that causes the right wing to suck the cocks of the rich like a baby suck its mom's tits is a wonder to behold. the rich arent doing **** for america right now except sittling on piles of cash. the middle class bailed out the rich and the rich repaid us by laying us off and sitting on the money but the right wing ignores this. Hey, delinquent debtors and unions don't invest. And also know it reduces their future income tax. And wealthy to Obama is about anyone with a job and money. america has no unions. canuck sits in canada, with govt healthcare and more unions than the US has and canada's economy is healthier than the US. but he ignores that. more right wing bull**** So with this wealth tax put back, how does Obama come up with the rest, still a $1.5 trillion deficit. Still no where close to a balanced budget. and where is the GOP balanced budget? oh. there isnt one. Your average American has no clue what is about to happen to the USD. nor do you kluxer clown. ...he US government to fit revenue. Spend less than they rake in. Real money is gold, China and India now convert most of the cash to precious metals and not increasing the USD hold. USD is now failing as a world reserve currency. Only thing lacking is an alternative and the USD will become toilet paper. china is now having its own inflation problems. and the canadian dollar...with socialized medicine and strong unions is healthier than right wing free market america |
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