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Old 11-22-2013, 05:13 PM
 
9,470 posts, read 6,667,773 times
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Quote:
Originally Posted by middle-aged mom View Post
Impose a tax on all income/government benefits- no exceptions.
Why do you think taxes magically make someone able to afford what they can't pay for otherwise?
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Old 11-22-2013, 05:16 PM
 
Location: ATX-HOU
10,218 posts, read 7,718,651 times
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Quote:
Originally Posted by pnwmdk View Post
Absolutely wrong.
Prove it. I bet you can't. Care to put your money where your mouth is..... PayPal can transfer money if you think you can prove it.....
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Old 11-22-2013, 05:20 PM
 
Location: ATX-HOU
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Quote:
Originally Posted by pnwmdk View Post
Why do you think taxes magically make someone able to afford what they can't pay for otherwise?
Because we pay more per for healthcare than any other developed country. It's simply a fact that socialized healthcare will save more money than our current quasi-private/public mess of a system.

And like I said, it's a myth we can't afford. We just have a lot of our money tied to defense, law enforcement, and security that would be able to pay for healthcare. Maybe one day Americans will finally have enough of being the world's police.
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Old 11-22-2013, 07:06 PM
 
Location: Portland, Oregon
46,038 posts, read 33,521,793 times
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Quote:
Originally Posted by Little-Acorn View Post
Ditto. They would have been laughed out of Congress as soon as they introduced the idea, instead of being able to lie, cajole, and bribe their way into getting the failure of socialized medicine passed into law. and the whole circus would have been over long ago.
Not if the Democrats had as much control of Congress that you guys seem to think they had during the first two years.
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Old 11-22-2013, 07:06 PM
 
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Govt makes more money this way. One has only to look at their investments to see where the money is.
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Old 11-22-2013, 07:12 PM
 
Location: ATX-HOU
10,218 posts, read 7,718,651 times
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Quote:
Originally Posted by CDusr View Post
Govt makes more money this way. One has only to look at their investments to see where the money is.
Define more money?
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Old 11-22-2013, 07:24 PM
 
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Quote:
Originally Posted by dv1033 View Post
Define more money?
Wealth acquisition through investments. Not a money mechanics discussion. The govt has for a long time made far more on their investments largely off budget. ACA makes more sense to them than to make it more transparent and on budget.

ACA controls many of those on budget cost and increases returns on the largely off-budget side. They are increasing this market share and with it their returns.
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Old 11-22-2013, 07:46 PM
 
Location: ATX-HOU
10,218 posts, read 7,718,651 times
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Quote:
Originally Posted by CDusr View Post
Wealth acquisition through investments. Not a money mechanics discussion. The govt has for a long time made far more on their investments largely off budget. ACA makes more sense to them than to make it more transparent and on budget.

ACA controls many of those on budget cost and increases returns on the largely off-budget side. They are increasing this market share and with it their returns.
I'm confused, not talking about revenue?
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Old 11-22-2013, 07:49 PM
 
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Quote:
Originally Posted by dv1033 View Post
I'll bite. Lets cut the amount of money we spend on defense and reduce the amount we spend on law enforcement and locking people up. It's simply a myth we don't have the money or resources to spend on healthcare, it's just tied up in the military industrial complex and the prison system. We just have our priorities mixed up.
Good luck with that.
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Old 11-22-2013, 07:58 PM
 
8,483 posts, read 6,627,374 times
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Quote:
Originally Posted by dv1033 View Post
I'm confused, not talking about revenue?
Revenue is a very specific accounting term. If you go and look at the treasurer and many CAFRs you will see tons of different funds invested. You can look at what they are invested in. Revenue, assets, business activities etc... Local CAFRs are easiest to see. Even then CAFRs vary. Some are better about carrying numbers forward and the specific fund reports. Basically, DC is the main corp (Federal) all the others are subsidiaries. (districts, cities, counties, state etc...) These are all separate. For example a State CAFR is not inclusive of those other CAFRS. Been estimated about 230,000 of these entities. Commingled Funds should be focused on.

It is a network system that is spread out. The returns on the investments are largely off budget. They have some very creative accounting tricks.

Here this will get you started. This is where all the action is. All about the investments. This is why the offshoring occurred in 90's+.
Quote:
Originally Posted by CDusr View Post
Not just that, but people need to look at the investments in both China and Japan. All that offshoring that went to China that is coming right back.

//www.city-data.com/forum/polit...l#post29726202

quote from linked article. List is much longer. That is a small sample.

So who owns the corporations that are taking on American debt securities in these two countries?
Let’s go back to the New York Pension Fund and see what is happening here:

Company Shares of Stock Market Value

Banks and Investments
Bank Yokohama Ltd Japan Ord 903,100 3,821,968
Hiroshima Bank Ltd/The 13,000 49,357
Bank of Kyoto Ltd/The 73,000 614,924
Osaka Gas Company Ltd 2,035,146 6,346,309
Bank of China Ltd – H 8,527,000 2,827,663
Ind Comm Bank of China Ltd 4,464,000 2,321,280
China Citic Bank – H 484,000 182,983
China Construction Bank – H 4,331,000 2,458,890
China Merchants Bank – H 283,000 494,428
Shizuoka Bank 183,000 1,637,866
Shinsei Bank Ltd 1,450,154 1,453,531
Chiba Bank 176,500 866,685
Cheung Kong (Holdings) 3,376,000 29,077,161
Hang Seng Bank Ltd 328,500 3,308,313
Hanmi Financial Corp 55,300 71,890
Mitsubishi UFJ Financial Grp 6,409,847 30,890,829

...........................

Last edited by CDusr; 11-22-2013 at 08:09 PM..
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