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Old 08-11-2011, 10:44 AM
 
Location: the very edge of the continent
88,680 posts, read 44,457,584 times
Reputation: 13585

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Quote:
Originally Posted by Leisesturm View Post
Not stupid. Obstinate. Obtuse. Obssessed (with spending). It was and is the deadlock, gridlock and constant roadblocks of partisan maneuvering that have us where we are.
No, it's the MASSIVE increase in deficit spending that's happened ever since Pelosi, Reid, and then Obama came along. Look at what happened when they had total control of Congress:



Hmmm... now why would that give ratings agencies and creditors pause for concern?
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Old 08-11-2011, 10:51 AM
 
Location: the very edge of the continent
88,680 posts, read 44,457,584 times
Reputation: 13585
Quote:
Originally Posted by Leisesturm View Post
Nicely done... ... I've never seen better spin. I don't think you can lay this one at the feet of Liberals alone, however.
Sure I can. Apparently, you've never read the Poverty Pimp's poem. Intro:
Quote:
There are whole classes of people who live off the poor -- or rather, off the vast sums of money that are poured out from the public treasury and private philanthropy, in hopes of helping the poor.

Those who intercept the money intended for the poor have been aptly called "poverty pimps." The poor are a commodity to these people, who include not only local politicians, community activists and small-time hustlers, but also people with impressive titles and academic credentials, who likewise milk the larger society, in the name of the poor. At the top of the food chain, as it were, are Ivy League professors who rake in big-time research grants to support themselves and their cronies while they are studying, romanticizing or otherwise exploiting the poor...
There's more, including the Poverty Pimp's poem:
Thomas Sowell
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Old 08-11-2011, 11:11 AM
 
1,019 posts, read 588,142 times
Reputation: 270
Quote:
Originally Posted by InformedConsent View Post
No, it's the MASSIVE increase in deficit spending that's happened ever since Pelosi, Reid, and then Obama came along. Look at what happened when they had total control of Congress:



Hmmm... now why would that give ratings agencies and creditors pause for concern?

This graph says it all. The deficit under Obama, as compared to Bush and everyone else before him, is like a Tsunami compared to a 4' wave off of Makapuu. The differences are exponential in magnitude.
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Old 08-11-2011, 06:07 PM
 
Location: Portland, OR
9,855 posts, read 11,888,541 times
Reputation: 10027
Typical. Tell us the terrible things that will happen if X is done. So... ... continue to let the rich skate. By your logic the fare for the NYC Subway should still be a nickel because with every fare increase there is a predictable decrease in ridership. What is the MTA fare at present? Tax them. Let it be on our heads and the heads of our children. You heard me. Tax them.


Quote:
Originally Posted by Marv101 View Post
If the Democrats are stupid enough to raise taxes in an economy as anemic as this one, you can predictably bet what 'the rich' will do.

Shift more money overseas.

Buy more real estate.

Buy more foreign currencies.

Buy more commodities.

Now you know why tax increases have NEVER increased tax revenues, since the underwater balance sheets of IL, MI, NY, NJ, MA, CA, CT, OH & other states with nosebleed-inducing tax rates apparently aren't enough proof for those of you who flunked Economics 101 at your local junior college.
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Old 08-11-2011, 06:17 PM
 
Location: Portland, OR
9,855 posts, read 11,888,541 times
Reputation: 10027
Listen. Just so you all know. I'm not buying that graph that is the new rallying icon of the Teapublican's. I am also not buying the new revisionist history that Bush inherited no surplus from Clinton. He certainly did not inherit 10 Trillion in defecit. Can we cut the crap for once and get real? Prolly too much to ask. Obama by all accounts friendly and not, is responsible for less than 2 Trillion of deficit. Makes sense given the short time he has had to be the Spender in Chief. Not to mention the scrutiny under which he makes his purchases. Tripled the spending of the Bush administration? A five year old would see through that graph in five minutes. To be against the repeal of tax cuts in an economy as anemic as this one is to be anti-American. It might even be treason.

H
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Old 08-11-2011, 06:22 PM
 
Location: Chandler, AZ
5,800 posts, read 6,547,115 times
Reputation: 3151
The rich are not being allowed to 'skate' when the top 5% of the income earners in this country paid FIFTY NINE PERCENT of all income taxes last year.

Get a grip and educate yourself!!!!!!!!

Those charts provided by Informed Consent are unimpeachable; the Democrats have been spending money left and right unlike any previous administration of the past fifty-plus years.

Dr. Sowell and Mr. Williams have gotten the picture regarding how black politicians like Maxine Waters, John Dingell, Charlie Rangel, and last but not least, William Jefferson, that Louisiana congressman who was indicted on charges of bribery after the feds found $95,000 in his freezer!!!!!
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Old 08-11-2011, 06:45 PM
 
Location: Long Island
56,954 posts, read 25,922,798 times
Reputation: 15479
[quote=Marv101;20418893]The rich are not being allowed to 'skate' when the top 5% of the income earners in this country paid FIFTY NINE PERCENT of all income taxes last year.

Get a grip and educate yourself!!!!!quote]

Do you have any idea how much wealth is controlled by the rich? The top 1% control 90% of the wealth, why wouldn't you expect them to pay a higer percentage. The wealthy are doing quite well compared to anyone else in this country,

Warren Buffett Quote:

Class warfare?
One of the richest Americans, Warren Buffett, replies to that notion:
“There’s class warfare, but it’s my class, the rich class, that’s making war, and we’re winning.”


Yes education is a great thing, continue to worry about the top 5% as if there is any need for protection.
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Old 08-11-2011, 07:18 PM
 
Location: Portland, OR
9,855 posts, read 11,888,541 times
Reputation: 10027
I love it... ... we know that the rich are scantabulously wealthy compared to even well off middle classers... 59%?? That's all?? Well there's the problem right there as we know all along. I don't blame them for fighting not to pay more. I blame people like Marv for aiding and abetting their cause.

H

Last edited by Leisesturm; 08-11-2011 at 08:44 PM..
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Old 08-11-2011, 09:47 PM
 
Location: the very edge of the continent
88,680 posts, read 44,457,584 times
Reputation: 13585
Quote:
Originally Posted by Goodnight View Post
Do you have any idea how much wealth is controlled by the rich? The top 1% control 90% of the wealth.
Good grief... More ignorance spewed by the left.

In reality - the world inhabited by everyone besides liberals, Democrats, and progressives - the top 1% controls ~35% of the wealth.

Table 1, top chart, here:
Who Rules America: Wealth, Income, and Power

Why do liberals get so many things wrong? Serious question.

Do you all NOT think for yourselves, and just always parrot the propaganda talking points you've been spoon fed?
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Old 08-11-2011, 09:58 PM
 
Location: Chicagoland
4,027 posts, read 7,268,001 times
Reputation: 1333
Quote:
Originally Posted by InformedConsent View Post
Do you all NOT think for yourselves, and just always parrot the propaganda talking points you've been spoon fed?
No, but you clearly do.
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