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TOPIC: Trillion Dollar ****** Tax

Trillion Dollar ****** Tax 25 Sep 2008 19:11 #1

  • texfarrier
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Watch congress carefully for the next few days as Paulsen and his fellow "better than you" Wall Street ***holes try to lobby "our reps" who gambled with our money and lost. They destroyed the markets, our retirements, our home equities, our banking institutions and now The Bushy Neocons and friends (both Democrat and Republican) don't think we will notice that they're sticking us with another great depression and a trillion dollar debt so that these worldwide losers can walk away with hundreds of millions in golden parachutes and options. (no need for all of us to be poor)... McCain and Obama are trying to avoid commitment and eye contact on this one but this train wreck is going to get everyone into the action. We are witnessing a defining historic moment totally against our will (most in history who witnessed defining moments had no desire at the time to do so)....EVERYONE PLEASE CONTACT YOUR REPRESENTATIVES AND TELL THEM HOW YOU FILL ON THIS ISSUE http://www.visi.com/juan/congress/ ..YOUR OPINION DOES MATTER...VOTE NO!!
Austin Russell
"Uva Uvam Vivendo Varia Fit"
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RE:Trillion Dollar ****** Tax 25 Sep 2008 20:42 #2

  • Jaye Perry
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texfarrier wrote:
Watch congress carefully for the next few days as Paulsen and his fellow "better than you" Wall Street ***holes try to lobby "our reps" who gambled with our money and lost. They destroyed the markets, our retirements, our home equities, our banking institutions and now The Bushy Neocons and friends (both Democrat and Republican) don't think we will notice that they're sticking us with another great depression and a trillion dollar debt so that these worldwide losers can walk away with hundreds of millions in golden parachutes and options. (no need for all of us to be poor)... McCain and Obama are trying to avoid commitment and eye contact on this one but this train wreck is going to get everyone into the action. We are witnessing a defining historic moment totally against our will (most in history who witnessed defining moments had no desire at the time to do so)....EVERYONE PLEASE CONTACT YOUR REPRESENTATIVES AND TELL THEM HOW YOU FILL ON THIS ISSUE http://www.visi.com/juan/congress/ ..YOUR OPINION DOES MATTER...VOTE NO!!


Awe Hell it's just another 3 horses a day!!!!!!:cool:
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RE:Trillion Dollar ****** Tax 25 Sep 2008 22:22 #3

I am with you texfarrier, but the sad truth is most foke’s will not take what little time it takes to voice their option, it doesn’t take long on-line:confused:. But then again the loudest anti regulation crowd on this site are ALL MUTE this week :rolleyes:(hmmm) Kind of like their candidate McCain --- a true dye in the wool anti regulation man, Yep going to post pone the debate ,for the good of the country of course. Although the first debate was on foreign affairs and not on economy, he knows he could not escape the questions on it. And after what his statement in the recent past about our economy being basically sound and strong, well I can see why he doesn’t want to have those questions brought up or try to answer. I see no reason or proof that he could possibly bring anything to the table in Washington. He has already sold his soul just to play candidate.:cool:

QUOTE:TEXFARRIER EVERYONE PLEASE CONTACT YOUR REPRESENTATIVES AND TELL THEM HOW YOU FILL ON THIS ISSUE http://www.visi.com/juan/congress/ ..YOUR OPINION DOES MATTER...VOTE NO!!

" I am not young enough to know everything" Oscar Wilde
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RE:Trillion Dollar ****** Tax 25 Sep 2008 23:28 #4

  • Jaye Perry
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John Corkery wrote:
I am with you texfarrier, but the sad truth is most foke’s will not take what little time it takes to voice their option, it doesn’t take long on-line:confused:. But then again the loudest anti regulation crowd on this site are ALL MUTE this week :rolleyes:(hmmm) Kind of like their candidate McCain --- a true dye in the wool anti regulation man, Yep going to post pone the debate ,for the good of the country of course. Although the first debate was on foreign affairs and not on economy, he knows he could not escape the questions on it. And after what his statement in the recent past about our economy being basically sound and strong, well I can see why he doesn’t want to have those questions brought up or try to answer. I see no reason or proof that he could possibly bring anything to the table in Washington. He has already sold his soul just to play candidate.:cool:

QUOTE:TEXFARRIER EVERYONE PLEASE CONTACT YOUR REPRESENTATIVES AND TELL THEM HOW YOU FILL ON THIS ISSUE http://www.visi.com/juan/congress/ ..YOUR OPINION DOES MATTER...VOTE NO!!


http://wsbradio.com/inside/herman_cain.html
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RE:Trillion Dollar ****** Tax 26 Sep 2008 00:02 #5

It sounds like crud ,to me . Uncle Sam would not bail out 1-single ,one of us ,if we ran our businesses-into the ground, like they have. It is going to come out of the tax-payers pocket,yours and mine! I do not want to shoe an extra horse a day ,to bail them out. Let the market sort itself -out IMO, it would just be a temporary fix and will be bigger the next time. The CEO's of these big companys probably should give back there bonuses, and be glad to have a job. I have no sympathy for them.
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RE:Trillion Dollar ****** Tax 26 Sep 2008 00:24 #6

This is not a trick or synde question( and mismanagement and incompetence should not be rewarded) but if these giants fall, where does the impetus, or capital, come from to drive the economy forward? If the "moneymakers" money is worthless...ours is too. Or am I wrong? Money to me is something I trade knowledge and sweet for; the workings of finance are beyond my ken.
Jason
"Always listen to the experts. They tell you what can't be done, and why. Then do it." Robert Heinlien
Jason Maki CJF, RJF
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RE:Trillion Dollar ****** Tax 26 Sep 2008 00:46 #7

Jason Maki wrote:
This is not a trick or synde question( and mismanagement and incompetence should not be rewarded) but if these giants fall, where does the impetus, or capital, come from to drive the economy forward? If the "moneymakers" money is worthless...ours is too. Or am I wrong? Money to me is something I trade knowledge and sweet for; the workings of finance are beyond my ken.
Jason
I am willing to let the chips on the table, and have the discomfort of it,on my shoulders, rather than having my children deal with it later. It will work out at some -point,IMO, The longer it goes,the worse it will be! If we keep going with these -same practices, our US Dollar ,won't be worth the paper it is written on.
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RE:Trillion Dollar ****** Tax 26 Sep 2008 00:48 #8

I think the Barter - System would work , for me.
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RE:Trillion Dollar ****** Tax 26 Sep 2008 01:02 #9

  • Rick Burten
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Here's an e-mail I received. Its worth the read and has some interesting implications. Enjoy! And consider this. What if you replace the 85 billion number with the 700 billion number. :eek::eek: :)

Art Davis writes:

Hi Pals,

I'm against the $85,000,000,000.00 bailout of AIG.

Instead, I'm in favor of giving $85,000,000,000 to America in
a We Deserve It Dividend.

To make the math simple, let's assume there are 200,000,000
bonafide U.S. Citizens 18+.

Our population is about 301,000,000 ± counting every man, woman
and child. So 200,000,000 might be a fair stab at adults 18 and up..

So divide 200 million adults 18+ into $85 billon that equals
$425,000.00.

My plan is to give $425,000 to every person 18+ as a
We Deserve It Dividend.

Of course, it would NOT be tax free.
So let's assume a tax rate of 30%.

Every individual 18+ has to pay $127,500.00 in taxes.
That sends $25,500,000,000 right back to Uncle Sam.

But it means that every adult 18+ has $297,500.00 in their pocket.
A husband and wife has $595,000.00.

What would you do with $297,500.00 to $595,000.00 in your family?
Pay off your mortgage - housing crisis solved.
Repay college loans - what a great boost to new grads
Put away money for college - it'll be there
Save in a bank - create money to loan to entrepreneurs.
Buy a new car - create jobs
Invest in the market - capital drives growth
Pay for your parent's medical insurance - health care improves
Enable Deadbeat Dads to come clean - or else

Remember this is for every adult U S Citizen 18+ including the folks
who lost their jobs at Lehman Brothers and every other company
that is cutting back. And of course, for those serving in our Armed
Forces.

If we're going to re-distribute wealth let's really do it...instead of
trickling out
a puny $1000.00 ( "vote buy" ) economic incentive that is being proposed
by one of our candidates for President.

If we're going to do an $85 billion bailout, let's bail out every adult
U S Citizen 18+!

As for AIG - liquidate it.
Sell off its parts.
Let American General go back to being American General.
Sell off the real estate.
Let the private sector bargain hunters cut it up and clean it up.

Here's my rationale. We deserve it and AIG doesn't.

Sure it's a crazy idea that can "never work."

But can you imagine the Coast-To-Coast Block Party!

How do you spell Economic Boom?

I trust my fellow adult Americans to know how to use the $85 Billion
We Deserve It Dividend more than I do the geniuses at AIG or in
Washington DC .

And remember, The Davis plan only really costs $59.5 Billion because
$25.5 Billion is returned
instantly in taxes to Uncle Sam.

Ahhh...I feel so much better getting that off my chest.
Kindest personal regards,
Art
A.C.Davis, A Creative Guy & Citizen of the Republic
&nbs p;

PS: Feel free to pass this along to your pals as it's either good for a
laugh
or a tear or a very sobering thought on how to best use $85 Billion!!
Rick Burten PF

In the immortal words of Ron White: "But let me tell you something, folks: You can't fix S-tupid. There's not a pill you can take; there's not a class you can go to. S-tupid is forever."
."


Je pense donc je suis
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RE:Trillion Dollar ****** Tax 26 Sep 2008 01:10 #10

  • IRNWKR_2
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Rick, I like that plan alot better, but it makes to much sense for our government to use.
Jason Gilliland
"whether you think you can or think you caint your usually right" Henry Ford

"Im not as good as I once was, but Im just as good once as I ever was" My Grandad

"a wink is as good as a nod, to a blind mule" Barney Fyffe
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RE:Trillion Dollar ****** Tax 26 Sep 2008 01:13 #11

Rick, What was the actual tax ,increase that the colonists had imposed on them, that ended up forming this - great -country? I think it was 3 percent? i may be wrong.
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RE:Trillion Dollar ****** Tax 26 Sep 2008 02:38 #12

  • beslagsmed
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It doesn't take long on line, I just wrote to my elected Reps. I think my voice does make a difference. Grease the wheel.
Mikel Dawson, RJF

(Denmark)
What part of "NO" don't you understand!!

Caution: Watch for hoof in mouth disease!!!
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RE:Trillion Dollar ****** Tax 26 Sep 2008 02:40 #13

  • Jack Evers
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Great idea except $85,000,000,000 divided by 200,000,000 is only $425 rather than $425,000.

Sorry
Jack Evers CJF AFA#426

The best things about the good old days -- I wasn't good and I wasn't old.

The older I get, the more horses I shoe, the fewer things that I can absolutely, positively fix.
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RE:Trillion Dollar ****** Tax 26 Sep 2008 02:47 #14

  • Jack Evers
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I might add though that some Eropean countries such as Britain do use billion to denote 12 zeros rather than nine. One of the few places where we are at odds with the Brits and in agreement with the French.
Jack Evers CJF AFA#426

The best things about the good old days -- I wasn't good and I wasn't old.

The older I get, the more horses I shoe, the fewer things that I can absolutely, positively fix.
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RE:Trillion Dollar ****** Tax 26 Sep 2008 03:04 #15

  • Scott Chaney
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Okay...if they want a trillion bucks....
fine.
Make em put up their collateral if they are so certain their plan will fly.
If I walk into a bank and ask for a substantial loan, they want, what....10-20% collateral....
Have Paulsen, Bernake, Morgan, all those good ol' boys put up their homes in the Hamptons, Boca Raton, Vale, .....their personal posessions.

What they have been doing is the ezuivilent of kiting checks....something you and I would spend time in the hooscow for doing...and they want MORE from us.
...with nothing down...no security, other than their "expertise".

Now that's funnier than renting a car, buying their insurance, ramming it into your own car and testifying against yourself in court.
"Your Honor, I saw that car hit my car".
"You did?"
"Yes sir, I was driving it at the time...but ...I'm insured".
THAT'S when the extra 8 bucks a day can really be worth something....
You get a free car on their tab.
Good deal!

But seriously.
You can all "blame Bush" if you want to, but if you'll do a little history check, it was the Clinton administration that turned the heat up on Fannie Mae to make loans available to the people who were a notch or two below what was then readily available...and kept adding them to their portfolio until it comprised about 50% of their loans, which...during good times, works...but when you begin shipping jobs overseas......
...anyway....it was in the LA Times.....Clinton kept increasing the pressure in the name of helping the poor...which just proves he has a socialist bent to him....or the puppet masters pulling his strings did anyway.
Same with Bush.....wanting to shove this "bailout"....read "takeover" down the taxpayer's throats in a hurry before we get a full head of steam under our belts.
I say **** 'em and feed 'em fish heads.
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