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Author Topic: US Dollar maybe shit aug 2nd GO BITCOIN watch video  (Read 9740 times)
TheGer
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July 18, 2011, 04:25:56 AM
 #21

Show me.  Show me where the almost 30 Trillion and growing money went please.

"to the poster above, the fed lent offshore banks trillions in cash at near zero interest, the money was created out of thin air, lent, paid back and then disappeared just like it was created. This has nothing to do with our debt ceiling and actually was nearly the size of our entire debt... but wasnt even a blip on the economic radar."
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July 18, 2011, 04:50:43 AM
 #22

Yeah, we're not in the greatest shape, yet look at the competitors for the top of the heap:

China: They're tied to us. If we fail, they fail. And the yuan's artificially low price will eventually hurt them.

Europe: Oooh boy. They're too big and too varied to use a single currency right now. It's a mess.

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July 18, 2011, 05:13:40 AM
 #23

Warren Buffett has publicly stated that it is shameful that his secretary pays a larger percentage of her income in taxes than he does.  He himself believes taxes on the wealthy (all the wealthy, not just him of course) should be increased.

Understanding that here is different types of income that is taxed differently is key. His salary is 100,000$ (or similar) the rest of his income is from stock dividends.  Nothing is preventing people that think they should pay more in taxes from doing so. Might as well flush it down the toilet.
http://www.fms.treas.gov/faq/moretopics_gifts.html
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July 18, 2011, 05:25:53 AM
 #24

"Maybe if Warren Buffet paid a little bit more than just 17.7 percent we wouldn't be in this revenue problem that we're in. Rich people honestly need to start paying their fair share. They are paying the lowest tax rates, of any industrialized country in the world."

Seriously?... your going try to make Buffet look like a bad guy? You think he has 50 billion sitting in a bank account?  His net worth is based on stock in the company he has built most of his life. Even though he has this enormous wealth from his company stock he probably lives below the means of your neighbors.

Buffet has pledged to give away 99% of his wealth upon his death. Not doing the standard big inheritance is something I totally agree with as long as it is by his own decision and not a forced government theft.. Still not enough for lefties... you think he needs to sell the ownership of his company to fund the entitlement state right this second.

This prevailing attitude in America makes me want to vomit. I don't care what anyone says.. a flat tax is the only "fair" tax rate if you understand how percentages work.. and most liberals don't or don't care.

Buffet: "I don't have a problem with guilt about money. The way I see it is that my money represents an enormous number of claim checks on society. It's like I have these little pieces of paper that I can turn into consumption. If I wanted to, I could hire 10,000 people to do nothing but paint my picture every day for the rest of my life. And the GDP would go up. But the utility of the product would be zilch, and I would be keeping those 10,000 people from doing AIDS research, or teaching, or nursing. I don't do that though. I don't use very many of those claim checks. There's nothing material I want very much. And I'm going to give virtually all of those claim checks to charity when my wife and I die"

Buffet... of all the people to point the a finger at. (shaking head)

The fact that people like you are advcating for flat taxes are why the US is in massive debt with some of the lowest tax rates in the world (that are still apparantly "too high" despite repeated cuts). If people don't want to support a country they live in they can fuck the hell off and live in whatever third world shithole they want.

Americans who disagree with a graduated tax structure are no less "American" than the socialists who put the programs in place that are going to demand more and more resources even though I wish they would move to fucking Cuba.
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July 18, 2011, 05:36:10 AM
 #25

I'm a Libertarian and not at all a fan of our big stupid government.  The fact is though, our big stupid government has already agreed to spend money above the current debt limit.  At the minimum, we need to raise it enough to pay our current obligations. 

I'm all for drastically reducing the amount of money we waste on welfare and NASA and foreign aid but for now we pay what we owe.

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July 18, 2011, 05:39:51 AM
 #26

I'm a Libertarian and not at all a fan of our big stupid government.  The fact is though, our big stupid government has already agreed to spend money above the current debt limit.  At the minimum, we need to raise it enough to pay our current obligations. 

I'm all for drastically reducing the amount of money we waste on welfare and NASA and foreign aid but for now we pay what we owe.

Don't lump NASA with welfare and foreign aid.

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Vod
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July 18, 2011, 05:44:06 AM
 #27

I'm all for drastically reducing the amount of money we waste on welfare and NASA and foreign aid but for now we pay what we owe.

The US spends less on NASA than they do on air conditioning in the middle east.   Huh

I'm into creating universes, smiting people, writing holy books and listening to prayers.
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July 18, 2011, 05:46:01 AM
 #28

NASA had it's time, but private industry is ready to take over in space.  We would have been much further along if we had let the free market seek solutions to space from the start.  We did to a degree, relying on private Aerospace contractors for much of the work, but privatizing it fully would have worked better.

We look at winning the space race as a victory for capitalist society over communists, but we did it with a government agency.  That takes some of the shine off the propaganda value.

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July 18, 2011, 05:47:18 AM
 #29

NASA had it's time, but private industry is ready to take over in space.

NASA still has its place.   There is no profit in locating near earth objects, unless you sell doomsday bunkers.

I'm into creating universes, smiting people, writing holy books and listening to prayers.
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July 18, 2011, 05:47:42 AM
 #30

NASA was more of a deficit to human life than it could ever achieve in innovation. It's an inefficient waste of space.
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July 18, 2011, 05:48:28 AM
 #31

NASA had it's time, but private industry is ready to take over in space.

There is no profit in locating near earth objects
There is considering the destruction of human life and the planet is bad for business.
Anonymous
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July 18, 2011, 05:53:12 AM
 #32

This would never happen under sound, private incentive:

http://www.youtube.com/watch?v=j4JOjcDFtBE

http://www.youtube.com/watch?v=JmWbV_YkQT0&feature=related

THEY COULDN'T AFFORD IT.

However, when you can waste money like no tomorrow, who gives a fuck?
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July 18, 2011, 05:59:34 AM
 #33

I'm a Libertarian and not at all a fan of our big stupid government.  The fact is though, our big stupid government has already agreed to spend money above the current debt limit.  At the minimum, we need to raise it enough to pay our current obligations. 

I'm all for drastically reducing the amount of money we waste on welfare and NASA and foreign aid but for now we pay what we owe.

I agree, at the very least if we could get the balanced budget Constitutional amendment in it would force the logical conclusions that we cannot continue as we are. This will FORCE massive spending cuts and or massive tax increases and we will need to prioritize what government does instead of overspending just because we can. It is funny to hear Obama's reasoning for not wanting the constitutional amendment.
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July 18, 2011, 06:03:46 AM
 #34

We started out as the smallest government this world has ever seen and consequently we have ended up as the largest. It's time for this beast to reap what it has sowed. Our currency is overdue for failure and the masking of the economic damage is peeling away.

There is no hope in our current state-of-affairs unless we break from the status-quo immediately.

You can try to lower the debt and make sure the government pushes its paper according to sound mathematics but it's irrelevant when you squash human desire, innovation and man's ability to create. They will soon not have a penny to stand on.

It's over folks.
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July 18, 2011, 06:04:59 AM
 #35

I agree, at the very least if we could get the balanced budget Constitutional amendment in it would force the logical conclusions that we cannot continue as we are. This will FORCE massive spending cuts and or massive tax increases and we will need to prioritize what government does instead of overspending just because we can. It is funny to hear Obama's reasoning for not wanting the constitutional amendment.
I don't think even the Republicans take that amendment seriously. The economic situation the US is in right now is the best proof of why it's a bad idea. What did Obama say about it?
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July 18, 2011, 06:17:01 AM
 #36

"Maybe if Warren Buffet paid a little bit more than just 17.7 percent we wouldn't be in this revenue problem that we're in. Rich people honestly need to start paying their fair share. They are paying the lowest tax rates, of any industrialized country in the world."

Seriously?... your going try to make Buffet look like a bad guy? You think he has 50 billion sitting in a bank account?  His net worth is based on stock in the company he has built most of his life. Even though he has this enormous wealth from his company stock he probably lives below the means of your neighbors.

Buffet has pledged to give away 99% of his wealth upon his death. Not doing the standard big inheritance is something I totally agree with as long as it is by his own decision and not a forced government theft.. Still not enough for lefties... you think he needs to sell the ownership of his company to fund the entitlement state right this second.

This prevailing attitude in America makes me want to vomit. I don't care what anyone says.. a flat tax is the only "fair" tax rate if you understand how percentages work.. and most liberals don't or don't care.

Buffet: "I don't have a problem with guilt about money. The way I see it is that my money represents an enormous number of claim checks on society. It's like I have these little pieces of paper that I can turn into consumption. If I wanted to, I could hire 10,000 people to do nothing but paint my picture every day for the rest of my life. And the GDP would go up. But the utility of the product would be zilch, and I would be keeping those 10,000 people from doing AIDS research, or teaching, or nursing. I don't do that though. I don't use very many of those claim checks. There's nothing material I want very much. And I'm going to give virtually all of those claim checks to charity when my wife and I die"

Buffet... of all the people to point the a finger at. (shaking head)

post #14, meet post #15.

nobody's trying to make buffet look like a bad guy.  and he isn't.  that's why he understands that he should be paying mucho mas in taxes.

what was the top tax rate, when this country was at its best across the board?  when was that?

do you even know?

Sounds like material straight from a Michael Moore film... same arguments.

According to this logic this argument will be made over and over until the rates are at their highest level.

Just because somebody  can look at a 90%+ tax rate and come to the conclusion it is unjust does not make them an idiot.  I am  so sick of hearing about the top 2% with Obama and his distortion of "fair".
   
Define: fair  (graduated does not fit)
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July 18, 2011, 06:29:46 AM
 #37

"Maybe if Warren Buffet paid a little bit more than just 17.7 percent we wouldn't be in this revenue problem that we're in. Rich people honestly need to start paying their fair share. They are paying the lowest tax rates, of any industrialized country in the world."

Seriously?... your going try to make Buffet look like a bad guy? You think he has 50 billion sitting in a bank account?  His net worth is based on stock in the company he has built most of his life. Even though he has this enormous wealth from his company stock he probably lives below the means of your neighbors.

Buffet has pledged to give away 99% of his wealth upon his death. Not doing the standard big inheritance is something I totally agree with as long as it is by his own decision and not a forced government theft.. Still not enough for lefties... you think he needs to sell the ownership of his company to fund the entitlement state right this second.

This prevailing attitude in America makes me want to vomit. I don't care what anyone says.. a flat tax is the only "fair" tax rate if you understand how percentages work.. and most liberals don't or don't care.

Buffet: "I don't have a problem with guilt about money. The way I see it is that my money represents an enormous number of claim checks on society. It's like I have these little pieces of paper that I can turn into consumption. If I wanted to, I could hire 10,000 people to do nothing but paint my picture every day for the rest of my life. And the GDP would go up. But the utility of the product would be zilch, and I would be keeping those 10,000 people from doing AIDS research, or teaching, or nursing. I don't do that though. I don't use very many of those claim checks. There's nothing material I want very much. And I'm going to give virtually all of those claim checks to charity when my wife and I die"

Buffet... of all the people to point the a finger at. (shaking head)
Did you even take the time to look at the video I posted. I think you will like it Smiley .

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July 18, 2011, 06:35:01 AM
 #38

The United States MUST go bankrupt eventually - it was inevitable once your treasury issued $1 and demanded more than that $1 back (interest).  It's the world's largest ponzi scheme - making new money to pay interest on the old.   But I agree with Timm that a deal will be reached last minute that will raise the debt limit.

An excellent movie explaining this is here:  http://www.imdb.com/title/tt1503769/

Remind to kick your bald headed ass when I see you. I'm now watching this video because of you (can be found here: http://www.disclose.tv/action/viewvideo/50078/Collapse__part_1_/ ).

Thank you kindly for bringing it to mine/our/the community's attention.
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July 18, 2011, 06:40:15 AM
 #39

"Maybe if Warren Buffet paid a little bit more than just 17.7 percent we wouldn't be in this revenue problem that we're in. Rich people honestly need to start paying their fair share. They are paying the lowest tax rates, of any industrialized country in the world."

Seriously?... your going try to make Buffet look like a bad guy? You think he has 50 billion sitting in a bank account?  His net worth is based on stock in the company he has built most of his life. Even though he has this enormous wealth from his company stock he probably lives below the means of your neighbors.

Buffet has pledged to give away 99% of his wealth upon his death. Not doing the standard big inheritance is something I totally agree with as long as it is by his own decision and not a forced government theft.. Still not enough for lefties... you think he needs to sell the ownership of his company to fund the entitlement state right this second.

This prevailing attitude in America makes me want to vomit. I don't care what anyone says.. a flat tax is the only "fair" tax rate if you understand how percentages work.. and most liberals don't or don't care.

Buffet: "I don't have a problem with guilt about money. The way I see it is that my money represents an enormous number of claim checks on society. It's like I have these little pieces of paper that I can turn into consumption. If I wanted to, I could hire 10,000 people to do nothing but paint my picture every day for the rest of my life. And the GDP would go up. But the utility of the product would be zilch, and I would be keeping those 10,000 people from doing AIDS research, or teaching, or nursing. I don't do that though. I don't use very many of those claim checks. There's nothing material I want very much. And I'm going to give virtually all of those claim checks to charity when my wife and I die"

Buffet... of all the people to point the a finger at. (shaking head)

post #14, meet post #15.

nobody's trying to make buffet look like a bad guy.  and he isn't.  that's why he understands that he should be paying mucho mas in taxes.

what was the top tax rate, when this country was at its best across the board?  when was that?

do you even know?

Sounds like material straight from a Michael Moore film... same arguments.

According to this logic this argument will be made over and over until the rates are at their highest level.

Just because somebody  can look at a 90%+ tax rate and come to the conclusion it is unjust does not make them an idiot.  I am  so sick of hearing about the top 2% with Obama and his distortion of "fair".
   
Define: fair  (graduated does not fit)

Really? The tax burdens are at their lowest point since 1958, yet you have the nerve to suggest that somehow this is an opportunity for the "big bad" government to come in and raise taxes to unheard of levels? Take a look at this graph, it's going to be a real eye opener for you, and if you can follow me now you will see that this is basic high school math.


Tax burdens on the rich decline to record lows...



Debt increases on EVERYONE to record highs...

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July 18, 2011, 06:42:06 AM
 #40

I agree, at the very least if we could get the balanced budget Constitutional amendment in it would force the logical conclusions that we cannot continue as we are. This will FORCE massive spending cuts and or massive tax increases and we will need to prioritize what government does instead of overspending just because we can. It is funny to hear Obama's reasoning for not wanting the constitutional amendment.
I don't think even the Republicans take that amendment seriously. The economic situation the US is in right now is the best proof of why it's a bad idea. What did Obama say about it?
I know it probably won't work but that would be awesome if it did instead of waiting for the eventual  pain.
 
The link on Obama's stance on the amendment was in an earlier post. What made me laugh was:
"The constitution already tells us to do our jobs, and to make sure that the government is living within its means and making responsible choices." (so we don't need the Constitutional amendment)
Just wow....

http://news.yahoo.com/video/politics-15749652/obama-s-armageddon-25952084.html#crsl=%252Fvideo%252Fpolitics-15749652%252Fobama-s-armageddon-25952084.html
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