Post #328,009
6/15/10 8:11:59 AM
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raise thoses taxes!!!
on what?
http://www.cnbc.com/id/37690346
the Tax Man is coming to town on January 1, 2011. Taxes are going up across-the-board. So investors should seriously consider selling into any stock market strength ahead of the tax deadline. Doing this will enable investors to lock in a lower capital-gains tax this year and beat next yearÂs higher rates. poor nother thinks people will be lining up to pay those things :-)
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Post #328,013
6/15/10 8:35:12 AM
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But its their moral obligation
to wait and pay the higher rates. Not doing so would be obscene.
I will choose a path that's clear. I will choose freewill.
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Post #328,032
6/15/10 2:21:51 PM
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...aaaaaand you guys wonder why the US economy is circling.
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Post #328,033
6/15/10 2:27:16 PM
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we know why falling gdp and rising unemployment
assisted by really shitty government intervention in the market place. Why does china have a growth and expansion in their economy? Because their government intercedes to drive that growth in the private sector. Here we have government intervention in the government center and investors who are going to be dinged for that are sitting on their coin instead of driving growth.
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Post #328,035
6/15/10 2:38:00 PM
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Well, I will agree that the way that the US gov is doing
things is, simply put, fucked. I'm trying to figure out why it is that the US government is so singularly incompetent at its job... without a lot of success.
Probably has to do with the thirty year reign of the Party of Money with two right wings.
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Post #328,054
6/15/10 7:43:30 PM
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It's because pure capitalism = selfish greed.
To expand slightly, pure capitalism has as it's central tenet 'how can I beat everyone else?' And people are discovering this means 'fair means *and* foul'. The so-called "level playing field" only exists in capitalism as long as there's no-one seriously interested in tilting it.
Wade.
Q:Is it proper to eat cheeseburgers with your fingers? A:No, the fingers should be eaten separately.
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Post #328,116
6/16/10 5:07:02 PM
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+4.5 -- al-Punte brevity
I could almost see voting for Palin in 2012 on the grounds that this sorry ratfucking excuse for a republic, this savage, smirking, predatory empire deserves her. Bring on the Rapture, motherfuckers!
-- via RC
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Post #328,056
6/15/10 9:00:55 PM
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Should have known it was Kudlow.
Larry "Dow 50,000" Kudlow. http://seekingalpha....f-the-next-decade
Kudlow was a bigwig ("economic counsel") with the "Citizens for a Sound Economy". That group merged with "Empower America" in 2004 to become "FreedomWorks". FreedomWorks was being many of the early teabagger events.
http://www.sourcewat...st_and_present.29
Larry wrote in the CNBC piece you cite: "Taxes are going up across-the-board." Only if you redefine "across-the-board" to mean something different from what it actually means.
Larry's not a persuasive commentator, IMHO. YMMV.
Cheers,
Scott.
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Post #328,108
6/16/10 3:02:37 PM
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Re: raise thoses taxes!!!
The rich are getting richer and the poor are getting poorer. Cliché, sure, but it's also more true than at any time since the Gilded Age.
The poor are getting poorer, wages are falling behind inflation, and social mobility is at an all-time low.
If you're in that top 1%, life is grand.
15 great graphs here: http://www.businessi...in-america-2010-4
"Chicago to my mind was the only place to be. ... I above all liked the city because it was filled with people all a-bustle, and the clatter of hooves and carriages, and with delivery wagons and drays and peddlers and the boom and clank of freight trains. And when those black clouds came sailing in from the west, pouring thunderstorms upon us so that you couldn't hear the cries or curses of humankind, I liked that best of all. Chicago could stand up to the worst God had to offer. I understood why it was built--a place for trade, of course, with railroads and ships and so on, but mostly to give all of us a magnitude of defiance that is not provided by one house on the plains. And the plains is where those storms come from."
-- E.L. Doctorow
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Post #328,113
6/16/10 3:26:34 PM
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getting real bad out there
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Post #328,162
6/17/10 12:47:17 PM
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Tell me about it
see my post this morning in Open Forum about companies refusing to hire people who are unemployed.
"Chicago to my mind was the only place to be. ... I above all liked the city because it was filled with people all a-bustle, and the clatter of hooves and carriages, and with delivery wagons and drays and peddlers and the boom and clank of freight trains. And when those black clouds came sailing in from the west, pouring thunderstorms upon us so that you couldn't hear the cries or curses of humankind, I liked that best of all. Chicago could stand up to the worst God had to offer. I understood why it was built--a place for trade, of course, with railroads and ships and so on, but mostly to give all of us a magnitude of defiance that is not provided by one house on the plains. And the plains is where those storms come from."
-- E.L. Doctorow
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Post #328,166
6/17/10 1:39:58 PM
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I have never been unemployed
the company that I own has had some serious down time but always required me to show up at work
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