74 replies to this topic

[Farley]

krash, was that a rhetorical question or were you just mumbeling on your keyboard? By the way you pejorative use of "socialist" no longer works since it does carry the negative baggage that "unregulated capitalism" has. eh krash?

[egghead]

Farley you do have problems comprehending taxes

We can't afford the Bush tax cuts."

Tax cuts are not "giving people money." It's letting them keep what they have earned

and yes we have a fundamental difference in perception "Letting the Bush tax cuts expire." Technically you are partially correct--though the taxes will be higher than the Clinton's taxes by on average 3.2% and rising (I wont even try to tell you why--you don't have the ability to grasp the economics)But practically speaking, from the perspective of those whose money is being taken, it's a tax hike

but it is understandable--it is the liberal mentality-Whenever a tax rate is raised, that becomes the "new normal" level of taxation. Cuts, however, are always temporary

but Farley do you have a clue the difference between personal investment and corporate investment--its apples and oranges when talking tax cuts and FDI--you sound extremely confused

please read this and educate yourself just a little on FDI before spouting off goofy numbers

http://www.fas.org/s...isc/RS21118.pdf

[Farley]

eggy I find it remarkable that you could advocate for an economic philosophy that is a proven failure, and one that has brought the world to the brink of economic collapse. You are like the religous cleric that demands adherence to a "flat earth science" in light of what sailors knew about the shape of the earth. I am also amazed in your ability to ignore the results of the transfer of wealth to a few, and how that has deprived the American economy of badly needed fuel. so in closing eggy, you are amazing.

[egghead]

Farley, on September 12 2010 - 09:15 AM, said:

eggy I find it remarkable that you could advocate for an economic philosophy that is a proven failure, and one that has brought the world to the brink of economic collapse. You are like the religous cleric that demands adherence to a "flat earth science" in light of what sailors knew about the shape of the earth. I am also amazed in your ability to ignore the results of the transfer of wealth to a few, and how that has deprived the American economy of badly needed fuel. so in closing eggy, you are amazing.

Farley--you are quite the drama queen

the brink of "economic collapse"--please

but at least I hope you learned just a little about the difference in taxing individuals and corporate overseas investment

but this envy you feel--is illogical

How do you legislate towards a more equal society anyway? What does it look like? Perhaps it means taxing the rich out of existence, or at least forcing them overseas, so that the only people left are those whose income you approve of

you view that the Government is the only agency that has the capacity to take the action required to reduce inequality — through tax, benefits and public services

One measure of inequality is called the Gini coefficient — where 0 implies everyone is paid the same, and 1 is complete wealth disparity

In 1956, before the Revolution, Cuba weighed in at 0.57; an example of income inequality where it actually matters — in a country where the poor are starving and illiterate. After the revolution, when private capital was abolished, the Gini slid to 0.22 by 1986; and, viva la revolución, everyone was equally miserable and clinging to rafts heading to Florida.

Cuba no longer has reliable figures for the Gini ratio, because the figures are so skewed by those with access to dollars. Those stuck with pesos are equal in their poverty; no matter how well educated or how hard working. Cuba’s economy is about official equality and unofficial reality.

It’s a funny thing about the human spirit: we will find a way to be unequal, no matter how hard an interventionist state tries to stop us.

Farley if you learned anything throughout capitalist economic history and the governments that try to intervene to redistribute wealth

a) the very rich do not pay the high marginal taxes theoretically aimed at them, b) the middle classes pay most of the taxes, c) the disincentive effects are huge d) thus reducing the economic input of large numbers of energetic and gifted people and e) reducing the job opportunities for the less gifted.

[HAZ]

A good picture for the right, wing nuts here; dockey, eggy, and krashed!

[egghead]

HAZ, on September 12 2010 - 09:52 PM, said:

A good picture for the right, wing nuts here; dockey, eggy, and krashed!

the oracle has spoken

[Farley]

eggy, drama queen because of being on the brink of economic collapse...are you serious? go back and listen to the rhetoric coming from Paulson, CHENEY/bush, the Boner, McLame, etc. Are they drama queens?
again your adopted philosophy is blinding you to facts, but then if you really believe the dollar bill is god and must be attained at any cost, you are right on , but most suffer under such a short sided philosophy, and it certainly is un-patriotic. go ahead eggy and worship your holy god of the dollar bill, and forget about the "common welfare" of America

[egghead]

Farley, on September 13 2010 - 09:15 AM, said:

eggy, drama queen because of being on the brink of economic collapse...are you serious? go back and listen to the rhetoric coming from Paulson, CHENEY/bush, the Boner, McLame, etc. Are they drama queens?
again your adopted philosophy is blinding you to facts, but then if you really believe the dollar bill is god and must be attained at any cost, you are right on , but most suffer under such a short sided philosophy, and it certainly is un-patriotic. go ahead eggy and worship your holy god of the dollar bill, and forget about the "common welfare" of America

We were far far away from the precipice--

We had a short term liquidity problem because of Mark to Mark accounting--which has since been changed--You have to keep up instead of trying to rewrite history to fit with the left wing talking points--We had a financial meltdown because of balance sheet issues you knucklehead--

[dockman]

and the recession continues

http://money.canoe.c...230-083620.html

socialism sux

[HAZ]

name='dockman' date='December 31 2010 - 05:48 PM' timestamp='1293781696' post='287189']
and the recession continues

http://money.canoe.c...230-083620.html

socialism sux
You seditionist, hate good numbers, as well as, your government? Can't stand, the recession is thawing?

[dockman]

socialism sux

http://www.theepocht...ent/view/48996/

[HAZ]

name='dockman' date='January 12 2011 - 02:26 AM' timestamp='1294763214' post='287471']
socialism sux

http://www.theepocht...ent/view/48996/

You say Obama is a socialist? Well, our numbers are improving $$$$$$ ! You seditionist, hate that as well?

[dockman]

HAZ, on January 11 2011 - 10:17 PM, said:

name='dockman' post='287471' date='January 12 2011 - 02:26 AM' timestamp='1294763214']
socialism sux

http://www.theepocht...ent/view/48996/

You say Obama is a socialist? Well, our numbers are improving $$$$$$ ! You seditionist, hate that as well?

haz, the unemployment rate is about where it was in june 2010 when obama and biden went on tour saying the recession was over

[HAZ]

name='dockman' date='January 13 2011 - 02:49 PM' timestamp='1294894170' post='287519']
haz, the unemployment rate is about where it was in june 2010 when obama and biden went on tour saying the recession was over
The bosses, getting more work, out of fewer people! So why should they hire?

[dockman]

HAZ, on January 12 2011 - 10:02 PM, said:

name='dockman' post='287519' date='January 13 2011 - 02:49 PM' timestamp='1294894170']
haz, the unemployment rate is about where it was in june 2010 when obama and biden went on tour saying the recession was over
The bosses, getting more work, out of fewer people! So why should they hire?

what work? ..there ain't any ... if there is then we would see more freight moving