RE: Financial Reality

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defiantbadgirl -> RE: Financial Reality (7/24/2011 8:49:18 PM)
I think you have a valid point. Even if the debt was completely paid off tomorrow, that wouldn't change the way future money is spent. Right now, things are set up to benefit corporate America and other countries, not the American people.

Marini -> RE: Financial Reality (7/24/2011 8:53:52 PM)
quote: ORIGINAL: defiantbadgirl I think you have a valid point. Even if the debt was completely paid off tomorrow, that wouldn't change the way future money is spent. Right now, things are set up to benefit corporate America and other countries, not the American people. Bingo! Another reason that IF the age to receive social security is raised, it will piss me the hell off. [sm=applause.gif]

Hippiekinkster -> RE: Financial Reality (7/24/2011 9:20:43 PM)
Here's what I just sent Alan Grayson: "Sorry, I'm out of pocket right now. Thanks to the Repubs (not the term I want to use) and their moronic belief in "Free Market" Health Care. Somebody needs to get in front of the cameras and show, graphically, the Oath the Cantors and Boners and Ryans took, and the oath they swore to Grover Norquist. You know, the old "compare and contrast". Eliminate the SS cutoff. Totally agree, and I've been arguing this for years. Cut the use of outside contractors for the military. What the hell ever happened to KP duty? Close military bases outside of the US. If the US Chamber of Commerce needs to use force to open markets, then let them pay for it themselves. Don't use MY tax dollars for it. Lower cap gains taxes do NOT CREATE JOBS, nor do they encourage investment. They encourage stock buybacks and gambling on Wall Street. At the very least, tax gains on assets held for less than 5 years as ordinary income. We need a NEW CCC, and a NEW WPA. I think we also need higher tariffs on goods made with exploited/slave labor. We also need a 100% estate tax. Use it or lose it. I'd also institute a regressive mortgage interest deduction, so that as net income increases, the amount of the deduction decreases. NO deduction for second homes. I very much like your idea of an Alternative Minimum Tax on Corporations. We saw how allowing corporations to repatriate money in exchange for substantially lower tax rates (2004), under the dubious hypothesis that that money would crate jobs, did no such thing. Screw the Chamber of Commerce. We gave them every chance and they consistently did the wrong thing." (there's more, but it's fairly technical, having to do with depreciation and arcane stuff like that)

DomKen -> RE: Financial Reality (7/24/2011 9:23:02 PM)
quote: ORIGINAL: Musicmystery quote: You didn't suggest doing both. I pointed out they were mutually exclusive. Look, I'm not selling a plan here---I'm point out that "just cut this and we'll be fine" and "just raise this and we'll be fine" are both approaches from fantasy land. We cut spending, including the sacred three, and we raise taxes, or we live with continual deficits and ever growing debt. Those are the realities, straight from the numbers. That's the point. That is simply not true. I presented a plan up thread I know for a fact balances the budget and it doesn't cut SS, medicare or medicaid. It simply ends the US empire and requires the investor class to pay their fair share of taxes again.

hlen5 -> RE: Financial Reality (7/24/2011 9:34:46 PM)
quote: ORIGINAL: Hippiekinkster ...... We also need a 100% estate tax. Use it or lose it. Could you explain what you mean by this, please?

Hippiekinkster -> RE: Financial Reality (7/24/2011 9:40:06 PM)
quote: ORIGINAL: hlen5 quote: ORIGINAL: Hippiekinkster ...... We also need a 100% estate tax. Use it or lose it. Could you explain what you mean by this, please? That means that the really rich, who have for all practical purposes established an aristocracy by means of generation-skipping trusts, Illinois Land Trusts, Liechtenstein and Cayman Island banks, and other tax avoidance vehicles, would be forced to either plow the money back into society via charities, creating jobs, or other useful economic activity, or else have their estates taxed at 100%.

defiantbadgirl -> RE: Financial Reality (7/24/2011 9:43:13 PM)
quote: ORIGINAL: DomKen I presented a plan up thread I know for a fact balances the budget and it doesn't cut SS, medicare or medicaid. It simply ends the US empire and requires the investor class to pay their fair share of taxes again. I was hoping MM would come up with something similar. Instead I got a "fuck you" and was accused of saying he didn't care because I asked his opinion. Congratulations on coming up with a plan without cutting the big three. Regardless of how much money cuts in benefits to the big three would save, doing so is impossible because the results would be catastrophic.

hlen5 -> RE: Financial Reality (7/24/2011 9:47:57 PM)
quote: ORIGINAL: Hippiekinkster quote: ORIGINAL: hlen5 quote: ORIGINAL: Hippiekinkster ...... We also need a 100% estate tax. Use it or lose it. Could you explain what you mean by this, please? That means that the really rich, who have for all practical purposes established an aristocracy by means of generation-skipping trusts, Illinois Land Trusts, Liechtenstein and Cayman Island banks, and other tax avoidance vehicles, would be forced to either plow the money back into society via charities, creating jobs, or other useful economic activity, or else have their estates taxed at 100%. Thanks for explaining what you meant.

lockedaway -> RE: Financial Reality (7/24/2011 9:58:23 PM)
quote: ORIGINAL: hlen5 quote: ORIGINAL: Hippiekinkster ...... We also need a 100% estate tax. Use it or lose it. Could you explain what you mean by this, please? What do you need explained to you, hlen? Hippie Kinkster, like Fargle, is a Marxist. In their view, you don't actually own anything. You have no wealth, you have no property....nothing. When you die, you get to leave NOTHING to your children. It all escheats to the federal government. Now...you have to thank Hippie Kinkster and Fargle. They call themselves liberals but they are out and out communists. They have no desire for you to enjoy your freedoms under the constitution. They NEED your wealth because they cannot survive without it. I mean...after all...why argue for the confiscation of other people's money unless they are going to benefit from it. You know the old saying "You can't take it with you"? Well...that's not true, actually, you can. You can be buried in a casket full of gold or bonds or watches, whatever. Chances are, the undertakers will rob your corpse but there is nothing illegal about it. By the same token, you are more likely to leave your estate to your children or, perhaps, to some charity......or maybe your Alma Mater. You have that freedom in this country. Well...you don't if people like Hippie and Fargle get their way. Your money must be confiscated so it can be redistributed to support abject failures who weren't as ambitious as you, not as imaginative as you and didn't work near as hard as you. And...enough of these putrid fuckers will take us down like piranha devouring a mighty elephant bite by bite. It is funny how stupid a great many of these liberals are. They are so blinded by their quest for your money that what they say is entirely devoid of common sense. Here is something that Hippie Kinkster said that was so fucking stupid it makes a person's teeth itch. Hippie said that a lower capital gains tax does not encourage investment, only gambling on Wall St. This is why what he said is stupid beyond the pale. The long term capital gains rate applies to ANY asset you have that you have owned for 6 months or more. The rate was 15% as opposed to the tax rate at ordinary income under Clinton. So...if you have stocks and you show a profit, you pay 15% on the profit. But so too would that apply to your classic 64 split window corvette, or your home or some other piece of property or even your stamp collection or your race horse. See??? It doesn't apply to Wall St. people, it applies to everyone. It applies, hlen, to you and me. When the capital gains rate is low, people are more encouraged to sell what they have because the government takes less of it. More goods go on the market, often times they go on at a cheaper price so there is greater inducement to buy and the giant wheel of the economy continues to go round and round. So, as opposed to the stupidity advanced by Hippie Kinkster, it most certainly DOES encourage investment; not only in stocks or bonds but in everything else under the sun as well. What I want you to take away from my reply to you is that there are so-called Americans that want what YOU have. Rather than you spending your money, they want you money so that you don't have it to spend. Fuck you...fuck your children....fuck your parents. A dime in YOUR pocket is one dime less in theirs. These people are your enemies. Let me ask you a question. Is a thief that breaks into your house your friend? Is he there to help you? No...obviously. The same applies to Fargle, Hippie and a bunch of other liberals on this board.

lockedaway -> RE: Financial Reality (7/24/2011 10:12:21 PM)
Now...rather than listening to some fucked up Marxist talking about capital gains taxes, here is a portion of an article from: http://www.investorguide.com/igu-article-855-tax-basics-explanation-of-the-capital-gains-tax-and-related-issues.html "Whenever you sell an investment at a profit, you will (in most cases) owe the IRS a tax known as a capital gains tax. This is true for most investments, including mutual funds, bonds, options, collectibles, your home, or business. Capital gains are the amount by which an asset's selling price exceeds its initial purchase price. A realized capital gain is an investment that has actually been sold at a profit. An unrealized capital gain is an investment that hasn't been sold yet but would result in a profit if sold; the gain equals the difference between the purchase price and the selling price. The term capital gain is often used to mean realized capital gain. The opposite of a capital gain is a capital loss, which occurs when the selling price of an investment is less than the purchase price. In relation to your home, you may be able to exclude the gains from the sell of your primary residence (the one you spend most of your time in) if you have lived in it for at least two consecutive years. The limit is $250,000 for single taxpayers and $500,000 for married couples filing jointly. The IRS divides capital gains into two distinct categories, with each having different tax consequences. Long-term capital gains are gains on investments held for more than a year, while short-term capital gains are gains realized on investments that are held for a year or less. Short-term capital gains are taxed according to your income tax bracket and long-term gains are taxed at 20% if you are in the 28% or higher tax bracket, and only 10% if you are in the 15% bracket. In other words, long-term gains are subject to lower tax rates because the IRS wants to encourage long-term investing." Let me tell you something, hlen, and you can mark my words! I have a genuine interest in your success. I want you to have a nice home and send your children or grandchildren to the best schools. I want you, as I want for every American, to build your own empire and provide your loved one with opportunities that they surely would not have but for YOU. People like Hippie and Fargle and a bunch of others on this board ONLY want your success in as much as it benefits (directly benefits, that is) THEM.

Owner59 -> RE: Financial Reality (7/24/2011 10:19:44 PM)
http://www.youtube.com/watch?v=haEieipGGsQ&NR=1

domiguy -> RE: frustrated with President Obama (7/24/2011 10:19:58 PM)
quote: ORIGINAL: lockedaway I'm not putting anything to rest, Rule. Liberals ARE failures. Unpatriotic, needful, pieces of trash. They can't make it on their own and so they argue for a disproportionate share to be given away in subsidies. Liberals tax, tax, tax and wonder why the jobs go away...go abroad. They wonder why the wealthy people; the inventors, the employers, the entrepreneurs, etc. move away and take opportunity with them when they go. "If you tax them, they will leave." Who said that? Michael Bloomberg, certainly no pillar of conservatism. Nope...liberals are failures. You people argue and scream for other people's money and it is never enough. The War on Poverty was a failure...money being pissed down a rat hole. And yet you libs clamor for more. Education spending has built beautiful schools but we have some of worst test scores in the industrialized world these days. Both parents work like dogs and neither are home but no one sees that as a reason for the failure of our education system. No...what our education system needs is more money...more taxation. Grubby, needy, greedy liberal bastards. Those are the ones that are destroying this country. You posts continually paint you as a real idiot. I am a liberal and do just fine. Don't work three jobs, never saw the need. Also I tend to attract a woman based upon my personality and Domidong not some worthless plea to have to try and buy them. "i enjoy a lavish lifestyle that i would like to share with a controlling Dominatrix....You go on to say that you are an "EXPERT" at intellectual discourse...Obviously you have quite an ability to stretch the truth" So maybe you have some extra bucks, too bad it apparently isn't enough to get you that which you are seeking. Way to go, SportO...Just another toe tapping, hooker buying Republican scumbag. Sorry about the personal attack, but this guy is really a piece of work. like so many other people that seem to have lost their soul. You fuckers really don't get it. This is a long time coming. Very few of you Republicans questioned the "war on terror" and how it was going to be paid for, you just fell into line and said, "kill them Aaayrabs." No one questioned the lack of a tax base while interests rates were shrinking and thereby squashed ROI. No Democrats questioned entitlement programs and what effect they would have if continued for decades unchecked. The shit has hit the fan and for the firs time a President is forced to deal with it. This is the same President that was faced with the potential collapse of the entire financial system if serious actions were not undertaken. This guy has faced more dire situations then the last four Presidents combined. I guarantee the education that lockedaway received was not paid for out of his pocket and far better than that supplied to the majority of Americans. why was he entitled to that? We have serious problems facing us and a serious discussion must ensue to determine what is essential and that which is not. What if we had sunk the money that was wasted on the War on Terror into education? what types of return on our dollars would we be seeing in the future? the one thing that we have to refocus all of our energies on is supplying Americans with the best education possible to keep us competitive in a global environment. the three thousand killed in the attacks on 9-11 are bit a drop in the bucket to those that we allow to fall through the cracks of a broken education system. I believe that a strong military means nothing if it does not protect a worthy population. we need cuts and we unfortunately need to raise taxes. Insurance companies have no problem raising premiums or reducing dividends when their bottom lines are threatened. Corporations routinely increase the cost of goods or reduce the size of packaging to make their bottom lines profitable or to stay in business. They too are feeling the pinch of reduced income and a loss of return on investment. I don't want to pay more taxes and just like the rest of you I have seen little growth in my savings over the last ten years aside from contributions made. the stock market is virtually flat and a 1% safe money interest rate is far from appealing. This sucks. There is a lot of posturing going on Capitol Hill right now as the Republicans feverishly try and absolve themselves of their hand that they have played in creating this crisis and now want to paint themselves as the party that is fiscally responsible. the republicans will cave and the debt ceiling will be raised. Their posturing will probably back fire on them. This is a fact. this is a time for serious people, not for chest thumping and boehn headed maneuvers. It's amazing that so few of you can see this.

Owner59 -> RE: Financial Reality (7/24/2011 10:21:03 PM)
http://www.youtube.com/watch?v=am6wKXQ4Jkc&feature=player_embedded#at=56

hlen5 -> RE: Financial Reality (7/24/2011 10:21:49 PM)
I consider myself a Libertarian. I don't agree with a 100% estate tax, I just want things to be FAIR. I don't begrudge someone keeping what they earned (as long as it wasn't at the exploitation of others). Warren Buffet and other self made millionaires have said the tax code should be reformed. Why should he pay less in taxes than his secretary or I do? The problem with no estate/inheritance tax (as I see it) is the compounding effect of money. Each successive generation accumulates more and more without producing value. Wealth buys influence and politicians dance with the one that brung 'em. I'd like to read any replies, but am going to bed now. G'nite all! ETA: nevermind on the eta.

lockedaway -> RE: frustrated with President Obama (7/24/2011 10:56:04 PM)
quote: ORIGINAL: domiguy quote: ORIGINAL: lockedaway I'm not putting anything to rest, Rule. Liberals ARE failures. Unpatriotic, needful, pieces of trash. They can't make it on their own and so they argue for a disproportionate share to be given away in subsidies. Liberals tax, tax, tax and wonder why the jobs go away...go abroad. They wonder why the wealthy people; the inventors, the employers, the entrepreneurs, etc. move away and take opportunity with them when they go. "If you tax them, they will leave." Who said that? Michael Bloomberg, certainly no pillar of conservatism. Nope...liberals are failures. You people argue and scream for other people's money and it is never enough. The War on Poverty was a failure...money being pissed down a rat hole. And yet you libs clamor for more. Education spending has built beautiful schools but we have some of worst test scores in the industrialized world these days. Both parents work like dogs and neither are home but no one sees that as a reason for the failure of our education system. No...what our education system needs is more money...more taxation. Grubby, needy, greedy liberal bastards. Those are the ones that are destroying this country. You posts continually paint you as a real idiot. I am a liberal and do just fine. Don't work three jobs, never saw the need. Also I tend to attract a woman based upon my personality and Domidong not some worthless plea to have to try and buy them. "i enjoy a lavish lifestyle that i would like to share with a controlling Dominatrix....You go on to say that you are an "EXPERT" at intellectual discourse...Obviously you have quite an ability to stretch the truth" So maybe you have some extra bucks, too bad it apparently isn't enough to get you that which you are seeking. Way to go, SportO...Just another toe tapping, hooker buying Republican scumbag. Sorry about the personal attack, but this guy is really a piece of work. like so many other people that seem to have lost their soul. You fuckers really don't get it. This is a long time coming. Very few of you Republicans questioned the "war on terror" and how it was going to be paid for, you just fell into line and said, "kill them Aaayrabs." No one questioned the lack of a tax base while interests rates were shrinking and thereby squashed ROI. No Democrats questioned entitlement programs and what effect they would have if continued for decades unchecked. The shit has hit the fan and for the firs time a President is forced to deal with it. This is the same President that was faced with the potential collapse of the entire financial system if serious actions were not undertaken. This guy has faced more dire situations then the last four Presidents combined. I guarantee the education that lockedaway received was not paid for out of his pocket and far better than that supplied to the majority of Americans. why was he entitled to that? We have serious problems facing us and a serious discussion must ensue to determine what is essential and that which is not. What if we had sunk the money that was wasted on the War on Terror into education? what types of return on our dollars would we be seeing in the future? the one thing that we have to refocus all of our energies on is supplying Americans with the best education possible to keep us competitive in a global environment. the three thousand killed in the attacks on 9-11 are bit a drop in the bucket to those that we allow to fall through the cracks of a broken education system. I believe that a strong military means nothing if it does not protect a worthy population. we need cuts and we unfortunately need to raise taxes. Insurance companies have no problem raising premiums or reducing dividends when their bottom lines are threatened. Corporations routinely increase the cost of goods or reduce the size of packaging to make their bottom lines profitable or to stay in business. They too are feeling the pinch of reduced income and a loss of return on investment. I don't want to pay more taxes and just like the rest of you I have seen little growth in my savings over the last ten years aside from contributions made. the stock market is virtually flat and a 1% safe money interest rate is far from appealing. This sucks. There is a lot of posturing going on Capitol Hill right now as the Republicans feverishly try and absolve themselves of their hand that they have played in creating this crisis and now want to paint themselves as the party that is fiscally responsible. the republicans will cave and the debt ceiling will be raised. Their posturing will probably back fire on them. This is a fact. this is a time for serious people, not for chest thumping and boehn headed maneuvers. It's amazing that so few of you can see this. DopiGuy!!!!! Hey everyone, it is my gay stalker again. As some of you may recall, this asshole pulls up my profile two and three times per week. No shit! Ask yourselves when my nick has appeared in your "Who's Viewing You" box. Dopi views me every-single-fucking-week. I get more attention from this sack of pus than anyone else on Collarme. Now...let's get onto my reply. So...Dopi...this is the first post I have seen from you that actually included full sentences. Who wrote it for you, asshole? You didn't. It is way to articulate to have come from someone who has been known to be illiterate on this board for years. Now...Dopi wants to use my profile and my sexuality to attack me. Here is a question for you on the board. Do I get to use his race to attack him? Really...do I? Is one's sexuality just as endemic to who they are as their skin pigmentation? This asshole says the following: You fuckers really don't get it. This is a long time coming. Very few of you Republicans questioned the "war on terror" and how it was going to be paid for, you just fell into line and said, "kill them Aaayrabs." No one questioned the lack of a tax base while interests rates were shrinking and thereby squashed ROI. No Democrats questioned entitlement programs and what effect they would have if continued for decades unchecked. The shit has hit the fan and for the firs time a President is forced to deal with it. This is the same President that was faced with the potential collapse of the entire financial system if serious actions were not undertaken. This guy has faced more dire situations then the last four Presidents combined. I guarantee the education that lockedaway received was not paid for out of his pocket and far better than that supplied to the majority of Americans. why was he entitled to that? We have serious problems facing us and a serious discussion must ensue to determine what is essential and that which is not. What if we had sunk the money that was wasted on the War on Terror into education? what types of return on our dollars would we be seeing in the future? Let's get a few things clear, shall we? Dopi is too fucking stupid to ever acknowledge facts. But here are a few. Barack O'piece-of-shit is one of the most unprepared and unqualified presidents we have ever had. A community organizer...essentially a rabblerouser and a freshman senator. He took kickbacks from Fannie Mae of, essentially, $164,000 in a two year period to lie to the American public and say that Fannie Mae was solvent. He took office in the time of a recession and everything he has done has made the recession worse. There is not one success in his presidency. This asshole president views ObamaCare as a success but the whole country is getting waivers from it and it amounts to a 500 billion dollar tax increase that will employ MORE health care rationing than medicare does already. Keep in mind, our loser, man-child president that dopi bows at the alter to, took office during a recession...not a war. How many presidents have taken office during a recession? Kennedy after Eisenhower. Nixon did after Johnson. Ford did after Nixon. Reagan took office during one of the worst economies in our history. HW took over in a recession that began in the last year of Reagan's presidency. W. Bush took office in a recession that started in '98 after the dot.com crash. So O'fucking'piece'of'dogshit takes office during a recession and Dopi guy says that he took office in under more difficult circumstances than the last four presidents combined? Way to go, asshole. Way to be entirely wrong. Even if you ARE writing in full sentences, you are still the dumbest bastard on this board. What else does this failure say... "No democrats questioned entitlements"? Is this fool for real? Johnson and his war on poverty was swept through by the democrats and created the largest welfare state this country had ever known. He emasculated an entire race of people for more than a quarter century and then had the nerve to say "I'll have them nggers voting democratic for the next 200 years!" -- Lyndon B. Johnson to two governors on Air Force One according Ronald Kessler's Book, "Inside The White House" It it wasn't forced down his throat, Clinton never would have passed welfare reform. What little welfare reform that got passed was due to a republican congress and that was 30 years or so after Johnson's massive failure. This asshole says there should not have been a War on Terror. Maybe so, maybe not. At the time we decided to go into Iraq, the entire world thought Sadaam had weapons of mass destruction, Iraq had violated more than 17 UN sanctions and Iraq had fired on U.S. war planes enforcing the no fly zone. So who the fuck is Dopiguy...an outright fool...to second guess. His False God President still has us in Iraq, does he not? Afghanistan and Libya too. Dopi asks if we can imagine what it would have been like if all of that money had been spent on education. Yes...dipshit...I can imagine it quite well. I can imagine more state of the art schools with students coming out with piss poor scores. I can imagine thousands more principals, superintendents, vice principals, administrators and assistants to administrators. I can imagine all of the waste that we seeing now....multiplied. Here is where Dopi is honest. He does not want to see his taxes raised. NO...BUT HE WANTS TO SEE YOURS* RAISED!! Now...not that it is anyone's business, I went to a state law school that cost just about nothing... My tuition was $2,200.00 per semester. My mother paid for my education from the proceeds of an insurance policy when my father died of leukemia; I had just turned 15 at the time. Dopi....you are a piece of shit. A liberal scumsucking, stalking, fag that follows me around like some bitch on a leash. Sorry for the personal attack...but its true. :)

Marini -> RE: frustrated with President Obama (7/24/2011 11:04:53 PM)
lockedaway, you sound angry. Why are conservatives so damn angry? Why aren't you somewhere just counting your money and enjoying life? You type as if you are going to burst a blood vessel on here. Smile, we are on the fast track to be coming an at least semi-socialist country, you know this as a fact and it pisses you off. Too bad, unbridled corporate greed and outsoutcing has pretty much ruined this country, and Amercia IS going to take care of the unemployed, the poor and the downtrodden, one way or another. These numbers are growing, there is no end in sight, the train is going off the fucking tracks and it scares the hell out of you.

lockedaway -> RE: Financial Reality (7/24/2011 11:16:16 PM)
quote: ORIGINAL: hlen5 I consider myself a Libertarian. I don't agree with a 100% estate tax, I just want things to be FAIR. I don't begrudge someone keeping what they earned (as long as it wasn't at the exploitation of others). Warren Buffet and other self made millionaires have said the tax code should be reformed. Why should he pay less in taxes than his secretary or I do? The problem with no estate/inheritance tax (as I see it) is the compounding effect of money. Each successive generation accumulates more and more without producing value. Wealth buys influence and politicians dance with the one that brung 'em. I'd like to read any replies, but am going to bed now. G'nite all! ETA: nevermind on the eta. Ok...let's chat. You are not opposed to people keeping what they earned as long as it wasn't at the exploitation of others. Arguably...isn't employing anyone that helps you make money but does not share as an equal partner an exploitation of that person? Hippie, Dopi, Fargle...all of those guys would argue that it is. They would all say "Well are you paying them a fair wage?" And my response is that as an employer, I am paying what I feel the job is worth and if no one comes to work for me, I have to raise the pay scale. And that is common sense, isn't it? Not to liberals. Liberals are entirely devoid of common sense. You said this: Warren Buffet and other self made millionaires have said the tax code should be reformed. Why should he pay less in taxes than his secretary or I do? I don't know how Buffett is incorporated. Certainly, I don't think he is an LLC or a subchapter S. He gets paid or, perhaps, he does not take a salary. I will tell you this, though, if Warren Buffett invested billions of dollars in municipal and treasury securities, he may have a portfolio that generates MILLIONS of dollars per year. Do you know what his tax liability is on that income? ZERO. If you invest in a municipal bond of the state in which you reside, you are investing in that state and your interest is triple tax free. The same applies if you are investing in U.S. Treasury securities or the bonds of a U.S. territory like Puerto Rico. And if that is why Buffett is getting taxed less than his secretary, God bless him. He already paid taxes on every dollar he earned and what was left over, he invested. You said this: The problem with no estate/inheritance tax (as I see it) is the compounding effect of money. Each successive generation accumulates more and more without producing value. Wealth buys influence and politicians dance with the one that brung 'em. What is wrong with the compounding effect of money? Did you know that by the third generation, the family fortune is usually lost? It takes the first generation to make it, the second to grow or maintain it and the third usually blows it. BUT...what if it doesn't happen that way? What if Hlen's kids and her grandkids and her great grandkids and her great, great grandkids successfully managed what hlen left to them? Would it be a bad thing if they built an empire? What is it that makes ANY OF US entitled to what you leave your children? Does that sound "American" to you? You are a libertarian..right? So you value liberty...right? Hlen...who do you think is better to decide how you spend your money? You? Or me?? I bet you are going to say that You are...and I agree with you. So who is better to decide how you should spend your money? You or Hippie, or Fargle, or Dopi/dumbass/loser/dipshit guy? YOU....right? Those were easy choices. Here is the toughie. Who is better to decide how you should spend your money? You? Or Barrack Obama? YOU...right? Hlen, money IS freedom. It is the freedom to live where you want, educate your children the way you want, care for your elderly and sick the way you want. Without money...without you keeping the fruit of your labor, you are at the mercy of our anything-but-benign government. That brings me back full circle to this: know who your enemies are. Dopi, Hippie, Fargle and anyone that espouses the same shit they do are your ARCH enemies. This people are out to steal the fillings out of your teeth!! You can listen to these people and they will employ every argument from "it is the duty of the rich to pay for the abject poor, the working poor, the better than working poor" to "hey duuuude...it is all about Karma" BULLSHIT!!! It always comes down to the same thing, the battle between the haves and the have-nots. In the battle, the haves just want to be left the fuck alone. But the have-nots are scratching at your door and that scratching is going to get louder and louder in the next couple of years to come.

lockedaway -> RE: frustrated with President Obama (7/24/2011 11:21:58 PM)
quote: ORIGINAL: Marini lockedaway, you sound angry. Why are conservatives so damn angry? Why aren't you somewhere just counting your money and enjoying life? You type as if you are going to burst a blood vessel on here. Smile, we are on the fast track to be coming an at least semi-socialist country, you know this as a fact and it pisses you off. Too bad, unbridled corporate greed and outsoutcing has pretty much ruined this country, and Amercia IS going to take care of the unemployed, the poor and the downtrodden, one way or another. These numbers are growing, there is no end in sight, the train is going off the fucking tracks and it scares the hell out of you. I think you are right...the U.S. is racing towards socialism and "yes" it pisses me the fuck off. Socialism is a vicious caste system, Marini. The rich and super rich will not be affected by it. But those on the cusp will get fucked. It is damn near impossible to leap the fence to the other side. Here is where I think you are wrong. I do NOT see the trajectory of this country to be irreversible. We don't need socialism. We need income tax reform and corporate tax reform. We need manufacturing to come back. We need less military adventurism. We need to be energy independent. WHAT WE DO NOT NEED is an all powerful central government that holds a check out in front of you as a carrot and stick so you can get cradle to grave services. No Marini...fuck that. I grew up in a very particular country. The land of the explorer, the cowboy, the frontiersman, the wild catter, the prospector and the soldier. I am far too independent to go softly into that dark night.

Marini -> RE: frustrated with President Obama (7/24/2011 11:29:16 PM)
quote: ORIGINAL: lockedaway quote: ORIGINAL: Marini lockedaway, you sound angry. Why are conservatives so damn angry? Why aren't you somewhere just counting your money and enjoying life? You type as if you are going to burst a blood vessel on here. Smile, we are on the fast track to be coming an at least semi-socialist country, you know this as a fact and it pisses you off. Too bad, unbridled corporate greed and outsoutcing has pretty much ruined this country, and Amercia IS going to take care of the unemployed, the poor and the downtrodden, one way or another. These numbers are growing, there is no end in sight, the train is going off the fucking tracks and it scares the hell out of you. I think you are right...the U.S. is racing towards socialism and "yes" it pisses me the fuck off. Socialism is a vicious caste system, Marini. The rich and super rich will not be affected by it. But those on the cusp will get fucked. It is damn near impossible to leap the fence to the other side. That probably is true, but many in the middle class are becoming lower class anyway. How much is a dollar really worth these days? 30 cents? The American dream is slipping away for many people. Here is where I think you are wrong. I do NOT see the trajectory of this country to be irreversible. We don't need socialism. We need income tax reform and corporate tax reform. We need manufacturing to come back. We need less military adventurism. We need to be energy independent. WHAT WE DO NOT NEED is an all powerful central government that holds a check out in front of you as a carrot and stick so you can get cradle to grave services. What about all the people that have LOST their jobs due to no fault of their own, and can't get a job????? Or the growing number of people that are seriously under-employed?? It's as if you are blind to the realities of what is going on in America NOW! Have you been to the grocery store lately? Almost every working and non-working person is struggling to make ends meet, and those of us that are working are mainly ONLY buying what we need to survive. Do you see how fucking bad things are right now?? As we wait to find out in a week or so, how much worse things are going to get? I AGREE we NEED to bring manufacturing jobs BACK, and create as many new ones as possible, if its not too late. No Marini...fuck that. I grew up in a very particular country. The land of the explorer, the cowboy, the frontiersman, the wild catter, the prospector and the soldier. I am far too independent to go softly into that dark night. You left out the land of the slave owner. Look out----------------Depression ahead!

lockedaway -> RE: frustrated with President Obama (7/25/2011 12:12:50 AM)
I think you are right...the U.S. is racing towards socialism and "yes" it pisses me the fuck off. Socialism is a vicious caste system, Marini. The rich and super rich will not be affected by it. But those on the cusp will get fucked. It is damn near impossible to leap the fence to the other side. That probably is true, but many in the middle class are becoming lower class anyway. How much is a dollar really worth these days? 30 cents? The American dream is slipping away for many people. Here is where I think you are wrong. I do NOT see the trajectory of this country to be irreversible. We don't need socialism. We need income tax reform and corporate tax reform. We need manufacturing to come back. We need less military adventurism. We need to be energy independent. WHAT WE DO NOT NEED is an all powerful central government that holds a check out in front of you as a carrot and stick so you can get cradle to grave services. What about all the people that have LOST their jobs due to no fault of their own, and can't get a job????? Or the growing number of people that are seriously under-employed?? It's as if you are blind to the realities of what is going on in America NOW! Have you been to the grocery store lately? Almost every working and non-working person is struggling to make ends meet, and those of us that are working are mainly ONLY buying what we need to survive. Do you see how fucking bad things are right now?? As we wait to find out in a week or so, how much worse things are going to get? I AGREE we NEED to bring manufacturing jobs BACK, and create as many new ones as possible, if its not too late. No Marini...fuck that. I grew up in a very particular country. The land of the explorer, the cowboy, the frontiersman, the wild catter, the prospector and the soldier. I am far too independent to go softly into that dark night. You left out the land of the slave owner. [/quote] Look out----------------Depression ahead! [/quote] Yeah...I have a real problem with your post and it comes at the end. The whole "land of the slave owner" bullshit. Are you embarrassed about your country? I'm sorry...I don't even know if you are an American. Assuming you are, are you embarrassed about your country? I'm not, pal. I'm very proud of my country and the evil institution of slavery doesn't change that. Do you know when slavery was outlawed in Mexico? Marini? It was in 1826. Brazil imported 6 times the number of slaves that the U.S. did. Slavery was in just about every wealthy country in South America. Slavery was rampant through the middle east and the Arab nations. You know what happened to freed slaves and their descendants in the U.S. Marini? They became doctors, lawyers, cops, professional entertainers, politicians and everything else you can imagine. You know what happened in the middle east? Typically, Marini, they were put to death. Not too many freed blacks in what is now Saudi Arabia or Iran (formerly Persia). Of all of the countries world wide that have used slaves (which is almost every country, every empire) how many countries set up a country in Africa for their slaves? Ummmmmmmmmmm....just the U.S. of A, my boy. We set up Liberia. The capitol was Monrovia named after our president James Monroe. How many countries lost 600,000 of their people to settle issues of state's rights, which included slavery. Only this one unless you know another. So...if you are ashamed of your country over slavery, I feel bad for you. The history of the U.S. carries much less tarnish over that subject than many other places in the world. You said this fine piece of ignorance here. (Why ignorant? Because you don't know me or what I do but I assure you, I am well in tune with what is happening in this country...as a matrimonial lawyer, as a private prosecutor, as a real estate attorney and as a landlord, yeah...Marini...I think I am will in tune.) What about all the people that have LOST their jobs due to no fault of their own, and can't get a job????? Or the growing number of people that are seriously under-employed?? It's as if you are blind to the realities of what is going on in America NOW! Have you been to the grocery store lately? Almost every working and non-working person is struggling to make ends meet, and those of us that are working are mainly ONLY buying what we need to survive. Do you see how fucking bad things are right now?? As we wait to find out in a week or so, how much worse things are going to get? I AGREE we NEED to bring manufacturing jobs BACK, and create as many new ones as possible, if its not too late. What about the people that lost their jobs???? Why did they lose their jobs, Marini? Would you like to offer your opinion? Could one reason be that manufacturing is leaving the U.S. because we have the HIGHEST corporate tax rate in the world? What do you think??? I mean, with Canada being right next door and their tax rate being less than half of our top rate, I mean...really...what do you think? Do you think if we reformed our tax law we might bring back some manufacturing? Everyone on this fucking board whines and bitches about corporations. Well...they do a lot of the hiring, Marini, and if we lose them the jobs go with them. People talk about cutting loopholes and deductions BUT WHICH FUCKING ONES! And perhaps you would like to explain what the negative ramifications, if any, to doing business once those deductions and loopholes are cut? Nottertail (another poster) says no more lobbying and I'm fine with that. No more corporate campaign contributions. I'm fine with that too. But what else? Have I been to the grocery store? What the fuck, Marini, I eat just like everyone else. Right after the Deep Water Horizon explosion I said "you know, this is going to cause a renewed fervor for ethanol." People said what is wrong with that? And I said that it is going to cause food costs to go through the fucking roof because corn or some derivative thereof is in most products in the supermarket. And????? Corn is up 400%. Yeah...thanks Marini, I DO know what is going on. In fact, Marini, if you were smart, you might consider buying sugar futures. It produces alcohol also and it is easier and faster to grow than corn. Just food for thought...hey...no pun. LOLOLOLOLOLOLOLOLOLOLOLOLOLOL Do I see how bad things are? Marini, once O'fuckface got elected, I saw the handwriting on the wall. I immediately refinanced an apartment building to pay off another apartment building this way if I lost one, I would still have the other. Until this piece of shit became president, I never thought of losing anything!!! This was America and the sky was the limit! Now...Marini...I have paid down my remaining mortgage years ahead of schedule, I have no car loans and I have no credit card debt. I have been telling people on this board for 2 years to have no variable rate interest liability and I suggest the same for you. Is it too late to bring manufacturing back? Well Jesus H. Christ, you have a fucking, idiot manchild president that wants to INCREASE TAXES IN TIME OF A RECESSION. Does that sound smart to you? He isn't talking about a flat corporate tax....is he Marini? He isn't talking about a reduction in the top income tax bracket....is he Marini? Perhaps you would like to tell us what he IS talking about that will bring business back? What is O'scumbag's plan? That's right, Marini, there isn't one. You sound like a young kid. Everything I wrote about knowing who your enemy is, liberals, is spot on. Totally accurate. If you succumb to their welfare, entitlement, handout thinking, YOU will be part of the problem. Let me simplify this. The one thing you want from your government is for it to GET THE FUCK OUT OF YOUR WAY!

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