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Originally posted by whatukno
reply to post by saltheart foamfollower
The GOP has been saying this entire time that employers were worried about their taxes going up and that's why these companies that have been reporting record profits haven't been hiring, well, their taxes aren't going to go up, they got their tax deal, so now that excuse is out the window, and still, the unemployment numbers haven't gone down.
Originally posted by whatukno
reply to post by boondock-saint
Are you threatening me? I don't appreciate being threatened by you. I don't think I like the idea of you insinuating that you are going to hunt me down if the banks fail.edit on 12/19/2010 by whatukno because: (no reason given)
Originally posted by network dude
reply to post by Janky Red
tell you what, put on your gloating shoes in 4 years. I might be wearing the same ones, but to say that the last 4 years were great would be the a bit daft. I am in business for myself. I have seen the repercussions of stupid people first hand. If I can survive through the first year of the next congressional guffaw, I hope like hell I can be proud of my party. I can say for sure that I an not a fan of what has just transpired. Just so you know, the president don't make much difference, it's the lawmakers who determine the path of money.
Originally posted by saltheart foamfollower
reply to post by Janky Red
Just to remind you, who was it again that pushed GATT and NAFTA?
Oh, that would be the Democrat's hero and favorite philanderer and accused serial.....................
Still think eliminate all income and property taxation and institute an across the board sales taxation, including the sale of stocks. Keep the wealth in country and we could eliminate all tariffs. The sales tax would act as a buffer to foreign sales in country.
Common sense.
PLUS, you reinstitute a basic tenet of the Constitution, PRIVATE PROPERTY SHALL NOT BE SEIZED WITHOUT JUST COMPENSATION.edit on 20-12-2010 by saltheart foamfollower because: (no reason given)
Originally posted by sonofliberty1776
Fixed
Originally posted by network dude
reply to post by Janky Red
tell you what, put on your gloating shoes in 4 years. I might be wearing the same ones, but to say that the last 4 years were great would be the a bit daft. I am in business for myself. I have seen the repercussions of stupid people first hand. If I can survive through the first year of the next congressional guffaw, I hope like hell I can be proud of my party. I can say for sure that I an not a fan of what has just transpired. Just so you know, the president don't make much difference, it's thepeople who bought and paid for lawmakers who determine the path of money.
Actually dude, it is
Actually dude, it is
the "unfunded" tax cuts
Actually dude, it is
the bush era were due to expire..because it was unfunded and temporary
Actually dude, it is
of course, now the socialist top 2% became used to the handfed treats the government was giving...and demanded the GOP protect them by giving them more money.
Actually dude, it is
They demanded this tax cut..it is a tax cut, there is little you can do to argue against that point.
it is what it is...socialism for the rich
Actually dude, it is
Actually dude, it is
Actually dude, it is
Actually dude, it is
Actually dude, it is
Originally posted by whatukno
According to FOX News right now, unemployment actually has went up.
Obviously a massive failure on the part of the Republicans who said that if the richest 2% keep their tax cuts, it would fix the economy completely and there wouldn't be unemployment. According to what FOX News has said this entire time, employers were worried about their taxes going up, and that was the only reason that these companies that have been reporting record profits haven't been hiring.
It's just proof positive that the GOP Agenda has completely failed.
Originally posted by MikeNice81
Originally posted by whatukno
reply to post by saltheart foamfollower
When Americans start working for $10 a day and a breakfast burrito (or bowl of rice) jobs will come back.
Oh I thought you were saying $10 an hour, I was fixin' to say try 7.25 and a breakfast burrito or bowl of rice, but where I live they won't even give you the time to eat the burrito or bowl of rice. Yeah I think I will put that in compensation expecte Ten dollars a day and a burrito or a bowl of rice, but I would prefer a bowl of chile.
Originally posted by saltheart foamfollower
reply to post by SaturnFX
The sky is red.
Actually dude, it is
Peace is war.
Actually dude, it is
the "unfunded" tax cuts
Actually dude, it is
the bush era were due to expire..because it was unfunded and temporary
Tell me, do you believe in FAIRY TALES? Are they real?
Actually dude, it is
of course, now the socialist top 2% became used to the handfed treats the government was giving...and demanded the GOP protect them by giving them more money.
Tell me, do you know what socialism is? Do you think it is bailing out the unions that drove GM out of business? Do you believe that what is truly CRONY CAPITALISM should be called socialism? Is there a rainbow somewhere in your fantasy land?
Actually dude, it is
They demanded this tax cut..it is a tax cut, there is little you can do to argue against that point.
it is what it is...socialism for the rich
So, now CRONY CAPITALISM is called socialism now. How about theft and fraud, I suppose you would call that capitalism.
Actually dude, it is
So is liberty tyranny?
Actually dude, it is
So is Dodd and the White House EVEN SLIGHTLY responsible for helping the thieves and crooks with their bailouts?
Actually dude, it is
Is socialism a sickness envisioned by by despots the likes of Hitler, Stalin, Pol Pot, Mao?
Actually dude, it is
So, DUDE.............................is the sky red?
Actually dude, it is
..how much money has the government given to those extremely wealthy bankers??? how many small businesses were pinched out of existence because they couldn't get those wealthy bankers to lend them the money they needed to keep their businesses operating?
Some of the most frank evidence on banking practices was given by Graham F. Towers, Governor of the Central Bank of Canada (from 1934 to 1955), before the Canadian Government's Committee on Banking and Commerce, in 1939.
Q. But there is no question about it that banks create the medium of exchange?
Mr. Towers: That is right. That is what they are for... That is the Banking business, just in the same way that a steel plant makes steel. (p. 287)
The manufacturing process consists of making a pen-and-ink or typewriter entry on a card in a book. That is all. (pp. 76 and 238)
Each and every time a bank makes a loan (or purchases securities), new bank credit is created — new deposits — brand new money. (pp. 113 and 238)
Broadly speaking, all new money comes out of a Bank in the form of loans.
As loans are debts, then under the present system all money is debt. (p. 459)
Q. When $1,000,000 worth of bonds is presented (by the government) to the bank, a million dollars of new money or the equivalent is created?
Mr. Towers: Yes.
Q. Is it a fact that a million dollars of new money is created?
Mr. Towers: That is right.
Q. Mr. Towers, when you allow the merchant banking system to issue bank deposits which, with the practice of using the cheques as we have it in vogue today, constitutes the medium of exchange upon which I think 95 per cent of our public and private business is transacted, you virtually allow the banks to issue an effective substitute for money, do you not?
Mr. Towers: The bank deposits are actual money in that sense, yes.
Q. In that sense they are actual money, but, as a matter of fact, they are not actual money but credit, bookkeeping accounts, which are used as a substitute for money?
Mr. Towers: Yes.
Q. Then we authorize the banks to issue a substitute for money?
.
.
.
Q. But if the issue of currency and money is a high prerogative of government, then that high prerogative has been transferred to the extent of 88 per cent from the Government to the merchant banking system?
Mr. Towers: Yes. (p. 286)
Q. Will you tell me why a government with power to create money, should give that power away to a private monopoly, and then borrow that which parliament can create itself, back at interest, to the point of national bankruptcy?
Mr. Towers: If parliament wants to change the form of operating the banking system, then certainly that is within the power of parliament. (p. 394)
Q. So far as war is concerned, to defend the integrity of the nation, there will be no difficulty in raising the means of financing, whatever those requirements may be?
Mr. Towers: The limit of the possibilities depends on men and materials.
Q. And where you have an abundance of men and materials, you have no difficulty, under our present banking system, in putting forth the medium of exchange that is necessary to put the men and materials to work in defence of the realm?
Mr. Towers: That is right. (p. 649)
Q. Would you admit that anything physically possible and desirable, can be made financially possible?
Mr. Towers: Certainly.
With two-thirds of everyone's personal income taxes wasted or not collected, 100 percent of what is collected is absorbed solely by interest on the Federal debt and by Federal Government contributions to transfer payments. In other words, all individual income tax revenues are gone before one nickel is spent on the services which taxpayers expect from their Government.
...Importantly, any meaningful increases in taxes from personal income would have to come from lower and middle income families, as 90 percent of all personal taxable income is generated below the taxable income level of $35,000.
Further, there isn't much more that can be extracted from high income brackets. If the Government took 100 percent of all taxable income beyond the $75,000 tax bracket not already taxed, it would get only $17 billion, and this confiscation, which would destroy productive enterprise, would only be sufficient to run the Government for seven days....
www.uhuh.com...