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Old 11-02-2015, 11:39 PM
 
Location: ATX-HOU
10,218 posts, read 6,803,475 times
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Quote:
Originally Posted by pknopp View Post
And they let loose of $800 million dollars. Too bad it largely went to campaign donors.
uh huh
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Old 11-03-2015, 10:28 AM
 
66,569 posts, read 30,379,078 times
Reputation: 8688
Quote:
Originally Posted by dv1033 View Post
That was in 2013, what else ya got? Stocks have underwent a correction and it wasn't a big deal.
Has the QE been pulled out? No. There's been no correction. The stock market is still artificially inflated by QE.
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Old 11-03-2015, 10:34 AM
 
79,542 posts, read 33,688,908 times
Reputation: 15940
Quote:
Originally Posted by InformedConsent View Post
Has the QE been pulled out? No. There's been no correction. The stock market is still artificially inflated by QE.
It is nice to slowly see you coming around.
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Old 11-03-2015, 11:17 AM
 
22,769 posts, read 26,236,494 times
Reputation: 14558
Quote:
Originally Posted by bmw335xi View Post
Bernie supporters love using Denmark and other Scandinavian countries as role models for America. However, most supporters don't realize there is no such thing as a free meal.
Way to start off with an ad-hominem. This is going about like I expected so far.

Quote:
For example, Denmark has a regressive tax system
citation needed about the regressivity of the danish tax system. The simple existence of a sales tax doesn't mean the entire system is necessarily regressive.

Quote:
Would you be fine getting free college if it meant paying 25% sales tax and more in income tax for the rest of your lives?

No, i think the college should be paid for at the state level.

Eliminate the federal student loan program, step 1.

Let states step in to fill the revenue vacuum by increasing state taxes.
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Old 11-03-2015, 11:29 AM
 
2,852 posts, read 2,973,779 times
Reputation: 1185
Quote:
Originally Posted by le roi View Post
Way to start off with an ad-hominem. This is going about like I expected so far.



citation needed about the regressivity of the danish tax system. The simple existence of a sales tax doesn't mean the entire system is necessarily regressive.




No, i think the college should be paid for at the state level.

Eliminate the federal student loan program, step 1.

Let states step in to fill the revenue vacuum by increasing state taxes.

Umm... liberals rail against a flat tax and sale tax as being regressive. Maybe you should discuss it with NY Times, Seattle Times, NPR, and the other bastions why they write articles saying flat taxes and national sales taxes are bad. You may want to ask the Democratic party why their progressive "more you earn, the greater percentage you pay" taxes are the only ones they support.

I agree on student loans.. only I think that they should be privately funded.
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Old 11-03-2015, 11:39 AM
 
22,769 posts, read 26,236,494 times
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Quote:
Originally Posted by SilverBulletZ06 View Post
Umm... liberals rail against a flat tax and sale tax as being regressive.
Denmark isn't funded solely by sales taxes, ergo, the existence of a sales tax does not make the Danish system regressive as a whole.
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Old 11-03-2015, 11:42 AM
 
79,542 posts, read 33,688,908 times
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Quote:
Originally Posted by le roi View Post
Denmark isn't funded solely by sales taxes, ergo, the existence of a sales tax does not make the Danish system regressive as a whole.
This is true......I've noted many times that they do love their oil revenues from oil shore oil.
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Old 11-03-2015, 12:18 PM
 
66,569 posts, read 30,379,078 times
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Quote:
Originally Posted by pknopp View Post
It is nice to slowly see you coming around.
Oh, I knew fully well what's been going on all along. What's frustrating for me is to see people either unaware of or fail to acknowledge that the stock market was pumped up for the sake of those who have $24 trillion invested in their pension funds and retirement accounts: John and Jane Worker and Jack and Jill Retiree. In contrast, the top 1%'s total net wealth (including assets other than investments) is less than half of that.

Sure, the federal government could have just let the top 1% twist in the wind, but if the investment markets collapse, what happens to the millions of American workers and retirees whose retirement gets wiped out? The government sure as hell doesn't have the money to bail out millions of Americans, so they pumped up the stock market, instead.
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Old 11-03-2015, 01:06 PM
 
22,769 posts, read 26,236,494 times
Reputation: 14558
Quote:
Originally Posted by pknopp View Post
This is true......I've noted many times that they do love their oil revenues from oil shore oil.
you're probably thinking of Norway. Danish oil revenues are relatively modest.
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Old 11-03-2015, 01:18 PM
 
79,542 posts, read 33,688,908 times
Reputation: 15940
Quote:
Originally Posted by InformedConsent View Post
Oh, I knew fully well what's been going on all along. What's frustrating for me is to see people either unaware of or fail to acknowledge that the stock market was pumped up for the sake of those who have $24 trillion invested in their pension funds and retirement accounts:
If only that was true.
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