And you seem to have lost your sense of humor, "how sad."
A gentleman with a grasp of the problem.
- Thread starter Al Wohlstrom
- Start date
Al, say something funny, I promise I'll laugh
This might be funny if it weren't so scary!
U.S. debt shot up $239 billion on Tuesday — the largest one-day bump in history!
U.S. eats up most of debt limit in one day - Washington Times
Like kids in a candy store!
It was a Washington Times article as you can see. Maybe they all bought pomegranate trees and fig trees for their yards. What a great job, work a few weeks get a month off. If I didn't have a conscience I could have been a politician. Nah, you have to lie all the time. Never mind!
Romney holds onto edge over Obama in Michigan election, poll shows | Detroit Free Press | freep.com
2012 Voter Preferences for Obama, "Republican" Remain Close
Poll: Only a third of Florida independents approve of Obama's performance - St. Petersburg Times
Public Policy Polling
Obama Approval Index History - Rasmussen Reports™
Thanks to Mr. Morris for the sources of these polls, and they don't lie.
And I'd bet those who donated money to BHO's campaign will certainly see their boy on the ropes, give plenty of money to the guy or gal who will kick his posterieur.
And independents (who supported BHO's victory in 2008 with a 3M vote and the percentages were 53-47) will most likely not support him. Read the young, blacks who have shown apathey, and the hispanics, who are disappointed because he didn't pass amnesty. The white women will still support him, but their partners will not.
And to quote a university friend, BHO will see defeat coming and will not run. I'd bet his big funders will smell disaster and move him out of the picture and run Hillary (who would have been a far better president, and we would have had Bill in the background).
2012 Voter Preferences for Obama, "Republican" Remain Close
Poll: Only a third of Florida independents approve of Obama's performance - St. Petersburg Times
Public Policy Polling
Obama Approval Index History - Rasmussen Reports™
Thanks to Mr. Morris for the sources of these polls, and they don't lie.
And I'd bet those who donated money to BHO's campaign will certainly see their boy on the ropes, give plenty of money to the guy or gal who will kick his posterieur.
And independents (who supported BHO's victory in 2008 with a 3M vote and the percentages were 53-47) will most likely not support him. Read the young, blacks who have shown apathey, and the hispanics, who are disappointed because he didn't pass amnesty. The white women will still support him, but their partners will not.
And to quote a university friend, BHO will see defeat coming and will not run. I'd bet his big funders will smell disaster and move him out of the picture and run Hillary (who would have been a far better president, and we would have had Bill in the background).
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Al, here's the truth....and, I know this to be the truth because quite some many moons ago I was a tax planning attorney for high net worth individuals for Deloitte and Touche for a few years....so please bear with me.
Truth: the ultra-wealthy have much, much lower effective tax rates than Americans realize. Most of the ultra-wealthy have effective tax rates that are below 20%, some less than 10%. Most of the middle class have effective tax rates of between 25% and 28%.
So why is it that the ultra-wealthy pay a much lower effective tax rate than the middle class despite a progressive tax rate scheme? Because they employ guys just like me (back in the day) to engineer all kinds of tax minimization (avoidance) schemes, and these schemes are highly effective! In short, the system is broken...the ultra-wealthy should have higher effective tax rates than the middle class (that's the whole idea behind a progressive tax scheme) but they simply just don't.
What I'm saying is that the ultra-wealthy are not paying their share on a percentage basis. That is, in fact, one reason why they continue to get richer, and greater in number!
Good to hear your god son is doing well. If he makes a whole bunch of money someday then he should reasonably pay a s-load of tax. That's not a "penalty" that's just the way a normal progressive tax scheme works. It's simply a matter of paying for the privilege of living and working in a reasonably organized and free society that allows individuals to accumulate wealth through work and/or ingenuity.
Not much to disagree with at all there Cliff. Spot on.
Jim Craik
Lifetime Supporter
Cliff,
Thanks for the input!
I'm afraid our more concervative friend probable will not believe you, but I do!
You are: A gentleman with a grasp of the problem.
It's very hard for me to believe that their handelers are able to convince the right wing that the wealthy need more money, but they obviously have!<!-- google_ad_section_end -->
Thanks for the input!
I'm afraid our more concervative friend probable will not believe you, but I do!
You are: A gentleman with a grasp of the problem.
It's very hard for me to believe that their handelers are able to convince the right wing that the wealthy need more money, but they obviously have!<!-- google_ad_section_end -->
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You're right, the ultra rich should be taxed, but small business should not be harmed.
That's funny, GE pays zip for taxes and.........
Jeffrey R. Immelt, the chairman and chief executive of General Electric Co. tapped by President Barack Obama as his next top outside economic adviser, will be asked to guide the White House as it attempts to jump-start lackluster job creation and spur a muddled recovery.
That's working splendid!
Another lovely story about GE and its aero engine business. As you know the F35 fighter has an engine sourced from the Harrier jump jet. The engine is made by Pratt and Whitney and goes back to the 60s. Surprisingly GE wanted $2B from the Feds to design a second source engine. Why? Not bad if you can charge your R and D, your tooling, expense your capital equipment off to the government, and pay minimal taxes on your earnings.
I guess he will show the WH how to established more jobs with government funded programs. And don't forget the bailout GE Capital got from the Federal Government.
Let me add that I am a GE stockholder.
I guess he will show the WH how to established more jobs with government funded programs. And don't forget the bailout GE Capital got from the Federal Government.
Let me add that I am a GE stockholder.
Jim Craik
Lifetime Supporter
Second engine, F-35 programs will survive House debate
By John T. Bennett - 05/25/11 02:19 PM ET
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A controversial project to develop a second F-35 engine and the broader fighter jet development effort will take only rhetorical fire this week as the House considers a Defense policy bill.
<SCRIPT type=text/javascript><!--// <![CDATA[var fo = new FlashObject('http://ad.thehill.com/www/images/300x250-1st-of-2-061611_12.swf?clickTARGET=_blank&clickTAG=http://ad.thehill.com/www/delivery/ck.php?oaparams=2__bannerid=7925__zoneid=100__cb=a9e87dbaec', 'mymovie', '300', '250', '9');fo.write('m3_bd9028f5b1a971a72c19e8081584eec9');// ]]> --></SCRIPT>
<SCRIPT type=text/javascript>document.context='Yjo1NDM2I2I6NTQzNiNiOjU0MzYjYjo1NDM2I2I6NzkyNXw='; </SCRIPT><NOSCRIPT></NOSCRIPT>That development should allow senior officials at the Pentagon, F-35 prime contractor Lockheed Martin and F136 engine makers Rolls-Royce and GE to breathe momentary sighs of relief.
On the second engine matter, which has become a political hot-button issue because much of its work is done in the political swing state of Ohio, “we’ll see some discussion but no amendments” as the House works on 2012 Defense authorization legislation, one industry source said.
Proponents say an alternative F-35 power plant will save tens of billions over decades and provide a backup should Pratt & Whitney’s primary engine fail. Opponents such as Defense Secretary Robert Gates say it would “waste” $3 billion and is not operationally necessary.
Domtoni,
Why are the republicans pushing this huge waste of money, even Secratary Gates does not want this second engine?
Typical Republican activity, sounds like their "bridge to nowhere"
By John T. Bennett - 05/25/11 02:19 PM ET
<INPUT id=fm-c-and-w-article value=163257 type=hidden> <INPUT id=fm-c-and-w-start type=hidden>
A controversial project to develop a second F-35 engine and the broader fighter jet development effort will take only rhetorical fire this week as the House considers a Defense policy bill.
<SCRIPT type=text/javascript><!--// <![CDATA[var fo = new FlashObject('http://ad.thehill.com/www/images/300x250-1st-of-2-061611_12.swf?clickTARGET=_blank&clickTAG=http://ad.thehill.com/www/delivery/ck.php?oaparams=2__bannerid=7925__zoneid=100__cb=a9e87dbaec', 'mymovie', '300', '250', '9');fo.write('m3_bd9028f5b1a971a72c19e8081584eec9');// ]]> --></SCRIPT>
<SCRIPT type=text/javascript>document.context='Yjo1NDM2I2I6NTQzNiNiOjU0MzYjYjo1NDM2I2I6NzkyNXw='; </SCRIPT><NOSCRIPT></NOSCRIPT>That development should allow senior officials at the Pentagon, F-35 prime contractor Lockheed Martin and F136 engine makers Rolls-Royce and GE to breathe momentary sighs of relief.
On the second engine matter, which has become a political hot-button issue because much of its work is done in the political swing state of Ohio, “we’ll see some discussion but no amendments” as the House works on 2012 Defense authorization legislation, one industry source said.
Proponents say an alternative F-35 power plant will save tens of billions over decades and provide a backup should Pratt & Whitney’s primary engine fail. Opponents such as Defense Secretary Robert Gates say it would “waste” $3 billion and is not operationally necessary.
Domtoni,
Why are the republicans pushing this huge waste of money, even Secratary Gates does not want this second engine?
Typical Republican activity, sounds like their "bridge to nowhere"
Jim Craik
Lifetime Supporter
Domtoni, you are saing this is a White house inititive, you are wrong. NICE TRY!
F-35 Engine Battle Breaks Out on GOP Spending Bill - CBS News
<BUTTON class=vspib type=submit></BUTTON>
<CITE>www.cbsnews.com/stories/2011/02/16/.../main20032156.shtml</CITE> - CachedAdd to iGoogle
Feb 16, 2011 – WASHINGTON - The Obama administration's campaign against a costly alternative ... The expected vote Wednesday comes as the House enters its second day of ... The F-35 engine vote presents 87 GOP freshmen — infused with a fervor to .... the Sec Def says that he does not want the engine, end of story. ...
DOMTONI, AL, PLEASE EXPLAIN WHY THE REPUBLICANS ARE WASTING OUR MONEY!!
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Jim, I think it's all posturing to create what the Republicrats believe will be a "positive" view from the American public when the 2012 elections come about.....look what we did, we made sure that our military was "properly equipped" [my quotes] to fight whatever aggressive enemy they might encounter, that sort of thing.
There was an article in the Houston Chronicle in the editorial pages today by Rep. senator John Cornyn, titled "Time to give Republicans a new mandate to govern"....same old drivel about having stopped Obama from getting a "blank check", yada, yada, yada. Never mind that the Republicans got the cuts to entitlement programs that they wanted, while the Democrats got none of the taxation concessions they wanted, their greed was all that was evident in that article, no gratitude for the Democrats having put the welfare of the nation's economy above their partisan differences.
In a way, I'm glad the next political fight over raising the debt limit will be after the 2012 elections. This way the issue can be front and center in the upcoming election, we'll see what the majority of Americans want, not just the hyper-vocal TEA partiers.
You and I obviously expect the next election to reverse the gains the Republicans made in the past election, Al and domtoni don't, they expect the opposite. They are obviously listening to rhetoric of the hyper-vocal minority, we'll see how things go when the general public voices their opinions in the voting booths.
....then we'll see how proud the Republicans will be.
Cheers from Doug!!
