2nd Stimulus Package [Archive]

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Charles

07-14-2009, 08:19 PM

This place is getting like a morgue, so...

Another stimulus package, need it or not?

Any thoughts,

Chas

Twodogs

07-15-2009, 04:08 PM

I didn't see a minutes work or a dime from the first one, so I'd say no. I don't really think it matters what the working middle class thinks though. We can melt the phone lines on capitol hill, but senators still vote however "they" want to. I'm not talking about my senator, just senators in general. I think we're in so deep now that even a swing back in 2010 won't do much to help. I've resolved to just go along for the ride and observe. I used to be disgusted, now I try to be amused.

noonereal

07-15-2009, 05:33 PM

I think we're in so deep now that even a swing back in 2010 won't do much to help. .

Expecting the neocons to make a move in 2010?

Twodogs

07-15-2009, 06:00 PM

What's a neocon?:confused:

noonereal

07-15-2009, 06:05 PM

Neoconservative – A "neocon" is more inclined than other conservatives toward vigorous government in the service of the goals of traditional morality and pro-business policies. Tends to favor a very strong foreign policy of America as well.

http://www.thefreedictionary.com/neoconservative

Charles

07-15-2009, 08:07 PM

What's a neocon?:confused:

http://en.wikipedia.org/wiki/Neoconservative

An in depth look at the term "Neoconservative". Apparently liberals and socialists who joined the Republican party.

Personally, I think the term "Neocon" is now just a slur used to describe the political right. Many Republicans refer to them as "RHINO's". Personally, I don't put much stock in terms of this nature.

Chas

merrylander

07-16-2009, 07:14 AM

Personally an independent conservative but thanks to the screwed-up electoral system one must register as either Democrat or Republican to get a say in the primraries.

Sandy G

07-16-2009, 09:02 AM

Charles

07-16-2009, 11:19 AM

Personally an independent conservative but thanks to the screwed-up electoral system one must register as either Democrat or Republican to get a say in the primraries.

In Missouri, during the primaries you can tell them which ballot (Rep or Dem) you want. At least they let me do it.

I always pick the party I'm the most pissed off at the time, that way I can vote against the bastards twice.

Chas

Charles

07-16-2009, 04:39 PM

I just saw where the top tax rate in Noo Yawk could easily be as high as 60%...I don't care how rich you are, & I'll NEVER be that rich, but that is just too much...Something is seriously outta whack here...

If you figger in income tax, state tax, sales tax, the "hidden" tax, tax on tax, inflation, etc., etc....even the poorest SOB in America is probably paying around 40% in taxes. Easy.

Sad thing is, even if the Feds taxed everyone at 100% they still couldn't cover their bets. Ain't enough tea in China.

As someone who is debt free, with money in the bank, a few assets, and modest investments...I'm beginning to get a case of the ass. No doubt who they're going to get to pay for their extravagance...cain't get blood outta a turnip...and they can bleed me.

At least the rich can move their money offshore. And don't think they won't, big help for the economy...huh.

Chas

Sandy G

07-16-2009, 06:52 PM

noonereal

07-16-2009, 07:51 PM

Punishing the rich, ...

:confused:
that quite a take on social responsibility

Sandy G

07-16-2009, 10:06 PM

One man's "Social responsibility" is another man's "Soaking the Rich"...It all depends on whose Ox is getting gored...

noonereal

07-17-2009, 05:00 AM

One man's "Social responsibility" is another man's "Soaking the Rich"...It all depends on whose Ox is getting gored...

People become rich through the sociaty, they do not create wealth in a vacuum. Seems to me it is in the best interest of that sociaty to levy a fair tax so sociaty can continue to advance.
I will admit that history teaches us that when the wealthy are unencumbered by taxes the masses go hungry and die in the streets then riot.

JJIII

07-17-2009, 05:29 AM

People become rich through the sociaty, they do not create wealth in a vacuum. Seems to me it is in the best interest of that sociaty to levy a fair tax so sociaty can continue to advance.
I will admit that history teaches us that when the wealthy are unencumbered by taxes the masses go hungry and die in the streets then riot.

Key phrase here is "fair tax".

noonereal

07-17-2009, 06:19 AM

Key phrase here is "fair tax".

yep ;)

merrylander

07-17-2009, 07:06 AM

Punishing the rich, while it may make us po' folks feel good, is a bad precedent...For if The Rich lose incentive to re-invest their Ill-Gotten gains in more stores or hiring more people to oppress, the the jig's about up..Too bad the Obamessiah who Art in Washington is too stupid or too full of hate & contempt to grasp this, something about every 1st year Econ major knows...

Got to agree with one part - the "Ill-gotten gains" bit. After two decades or more of observing business I reached a simple conclusion. Businesses and those running them are only as honest as they are forced to be. The derivatives scandal was the shining example, once the risk seems nil greed runs rampant.

I would suggest that most rich people either inherited it or stole it.

Charles

07-17-2009, 03:24 PM

Got to agree with one part - the "Ill-gotten gains" bit. After two decades or more of observing business I reached a simple conclusion. Businesses and those running them are only as honest as they are forced to be. The derivatives scandal was the shining example, once the risk seems nil greed runs rampant.

I would suggest that most rich people either inherited it or stole it.

I've never felt that business was inherently evil. Not even the investment bankers and stockbrokers. But there are some rotten apples, and they need to be plucked from the barrel and sent to jail.

Bad thing is, we don't have a bunko squad to speak of. At least one that hasn't been bought off.

Chas

Sandy G

07-17-2009, 04:27 PM

Hell, let's stick the effin' rich w/a 91% top rate like thet had in the '50s...Then along came a new president in '61, he CUT the top marginal rates to a still usurous 70%, but the economy boomed...

Charles

07-17-2009, 05:05 PM

Hell, let's stick the effin' rich w/a 91% top rate like thet had in the '50s...Then along came a new president in '61, he CUT the top marginal rates to a still usurous 70%, but the economy boomed...

Laffer curve?

http://en.wikipedia.org/wiki/Laffer_curve

Makes a certain amount of sense to me.

Chas