Alaskan Politics (statewide and nationwide) (Metlakatla, Marshall: driver, hiring, debt)

[starlite9]

Originally Posted by Geechie North

.

Then explain the US 1946-73, or Germany, Sweden, Finland, Norway, Denmark, etc?

The US spent billions rebuilding them after the war, buying their products and such through trade.

Now they are in debt past their eyeballs... Like I said a few weeks past when this stupid bailout was a done deal that the stock market will drop like a rock, and it did.

Those counties are going to be in a world of hurt just because the US caught a cold, they are going to have puenmonia.... And all their social programs are going to unravel...

[starlite9]

Originally Posted by Floyd_Davidson

No country without a healthy middle class, that hasn't been taxed into the lower class by government benefits to the upper class and government overspending to cause inflation, has ever been prosperous. That is why this country slid downhill under Reagan and the Bushes, and recovers when someone like Bill Clinton is in office.Sounds good. It isn't true though. (At least not for bosses who make in excess of a quarter of a million dollars a year in taxible income.)So how has any Republican president since perhaps Ike ever done anything like that?Oh goodness, there it is! The "socialism" Boogie Man Himself. Everyone must be shuttering with fright, ah?

In fact though, stealing from the middle class to make the rich richer is fascist when the President runs the country's economy with his business partners.How many people who are not in the middle or lower classes produce? The people who Obama would tax more do not produce anything.

What we need is a healthy middle class that has not been taxed into poverty to make business owners wealthy.

Floyd, When the rich pay taxes, they simply pass it on to those that buy their products...

To make it simple for you... "YOU" will pay more for everything you buy period... "THEY" won't be bothered a bit....

[Metlakatla]

What about the 5 billion we're in hock to China for?

I think the bailout bs is going to raise all of our taxes. Personally I'd rather that mine went to help some kid eat than to Wall Street.

[Geechie North]

Originally Posted by starlite9

The US spent billions rebuilding them after the war, buying their products and such through trade.

Now they are in debt past their eyeballs... Like I said a few weeks past when this stupid bailout was a done deal that the stock market will drop like a rock, and it did.

Those counties are going to be in a world of hurt just because the US caught a cold, they are going to have puenmonia.... And all their social programs are going to unravel...

.

Suggest you re-read the list. Sweden was neutral during WWII; Finland was a co-beligerent of Germany. Neither received substantial US aid.

Besides, we're talking we were the policies of wealth redistribution which creat Middle Classes, not the Marshall Plan.

And FYI, Sweden, Denmark, Finland and Norway are creditor nations, as we once were until 1970.
Now, we are the largest debtor nation on the planet.

[Geechie North]

Originally Posted by starlite9

Floyd, When the rich pay taxes, they simply pass it on to those that buy their products...

To make it simple for you... "YOU" will pay more for everything you buy period... "THEY" won't be bothered a bit....

.

This is simply NOT the case. Pricing is determined by many factors, and taxes do not play a significant role in them.

It depends upon a vast array of factors, including competition asnd price elasticity.

The "show and tell" for this was the 1950's economy vs today's.

Here's an article on this:

http://74.125.95.104/search?q=cache:...lnk&cd=6&gl=us

From it:

"The reader should see the relationship between efficiency and tax incidence. If a tax does not force individuals to change their behavior, then no efficiency cost is created. The tax incidence simply falls on those individuals directly taxed. However, if the tax does force individuals to alter their behavior then an efficiency cost is created and determining tax incidence is more difficult as consumers and sellers change their behavior to avoid the tax.
Although the above analysis has demonstrated the inefficiencies caused by taxation, the imposition of a tax may actually restore market efficiency in some cases. This predominately occurs in the case of externalities, which are negative (or sometimes positive) unintended spill-over effects to third parties. In essence, the producers of a negative externality, such as a steel producer emitting pollution from its factory, do not consider the external costs of steel production (the pollution) when determining its production decisions. As a result, the market provides an amount of steel production that is greater than the efficient amount because the external costs of steel production are not considered. A tax levied on steel producers that is equivalent to the external costs of steel production (pollution) will decrease the supply curve for steel producers and restore efficiency conditions at MSB = MSC. In the case of a market failure, such as a negative externality, governments can use taxes to restore market efficiency."

[Barkingowl]

Originally Posted by Metlakatla

What about the 5 billion we're in hock to China for?

You're kidding, right? Try more like 100 trillion.

[Manmountain]

Originally Posted by Barkingowl

You're kidding, right? Try more like 100 trillion.

Can I correct Sir Barkingowl- (sounds Native American) ? The actual US Treasury debt , which dosent include private debt or other internal debt whatsoever amounts to roughly $50 Trillion ( lets be conservative huh?).

If you add public, credit card, banking , mortgages , and misc the add liabilities ie. SSI, Medicare/aid , welfare etc. obligations out 20 years the numbers total $100 Trillion +.

Chinas overall ownership of US debt is $1 trillion -- give or take 20% is my understanding.

Metla Kay; debt to China is going to raise your taxes? LOL, its gonna send you and 100 million more Americans over the bleachers.

BO. ; I dont see the leveraged credit obligations China may have with ToastUSA but you may be onto bigger numbers but I havent seen any indications yet.


As far as voting? these 2 are puppets to act as a surrogate President to complete the US into socialism (on a good day) (think superdome downtown Anc.) . sorry folks.

Watch the evening news with katy cuoric??? LOL-- PURE PROPAGANDA. The weather is barely palpable. These evils spoon feed 90% of the sheep .

Will you let me program your mind??? Heck NO. Tv programming -- So get off the addiction and dummy up.

$1 trillion anual budget deficit next year. think: Alaska is at the end of the food/support chain-- tough and prepared people live in The Big Land ? Oh Ya

[Grannysroost]

Originally Posted by Manmountain

Can I correct Sir Barkingowl- (sounds Native American) ? The actual US Treasury debt , which dosent include private debt or other internal debt whatsoever amounts to roughly $50 Trillion ( lets be conservative huh?).

If you add public, credit card, banking , mortgages , and misc the add liabilities ie. SSI, Medicare/aid , welfare etc. obligations out 20 years the numbers total $100 Trillion +.

Chinas overall ownership of US debt is $1 trillion -- give or take 20% is my understanding.

Metla Kay; debt to China is going to raise your taxes? LOL, its gonna send you and 100 million more Americans over the bleachers.

BO. ; I dont see the leveraged credit obligations China may have with ToastUSA but you may be onto bigger numbers but I havent seen any indications yet.


As far as voting? these 2 are puppets to act as a surrogate President to complete the US into socialism (on a good day) (think superdome downtown Anc.) . sorry folks.

Watch the evening news with katy cuoric??? LOL-- PURE PROPAGANDA. The weather is barely palpable. These evils spoon feed 90% of the sheep .

Will you let me program your mind??? Heck NO. Tv programming -- So get off the addiction and dummy up.

$1 trillion anual budget deficit next year. think: Alaska is at the end of the food/support chain-- tough and prepared people live in The Big Land ? Oh Ya

Not the end of the food train, but you are certainly right on the support train

[Metlakatla]

Metla Kay; debt to China is going to raise your taxes? LOL, its gonna send you and 100 million more Americans over the bleachers.

No, that isn't what I said. What I said was that the bailout was probably going to raise all of our taxes.

You're kidding, right? Try more like 100 trillion.

That's more scary than either of the candidates.

[Geechie North]

Here's one we were batting around last week at work:

Say you are in the driver's seat in Beijing, and you know you have the USA by the short hairs, what do you do?

Our answer: Nothing for a few years, until your military gets a little stronger. Then you tell the Yanks:

"We took your paper, but your paper is worthless. So, now we want something of value. We WANT Alaska, but we'll settle for Hawaii.

For now...."