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Thread: Obama Announces 'Framework' for Deal With Congress to Extend Bush-Era Tax Cuts

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    Re: Obama Announces 'Framework' for Deal With Congress to Extend Bush-Era Tax Cuts

    Quote Originally Posted by Erod View Post
    Except that a large percentage of the Wall Street rich you describe are liberals. A bunch of them. Aristocratic liberals is what I call them.

    They're untouchable by taxes at this point because their fortunes have already been made through political deals through Wall Street. They seem to most resent the entrepreneurial route to wealth.
    That is a good point as Wall Street actually donated more to Obama than McCain and much of that so called greed is indeed committed by liberals especially when it is govt. greed, greed for power.

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    Re: Obama Announces 'Framework' for Deal With Congress to Extend Bush-Era Tax Cuts

    Quote Originally Posted by Erod View Post
    Except that a large percentage of the Wall Street rich you describe are liberals. A bunch of them. Aristocratic liberals is what I call them.

    They're untouchable by taxes at this point because their fortunes have already been made through political deals through Wall Street. They seem to most resent the entrepreneurial route to wealth.
    True, they are our "royalty", they are trust funders, inherited wealth, etc., They are a small part of our moneyed elite. but they are also victims of crooked Wall Street deals. Madoff sure nailed a lot of them. Most of them aren't participating in the daily operations on Wall street. When I say crooks, I mean active participants in shady deals...
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    Re: Obama Announces 'Framework' for Deal With Congress to Extend Bush-Era Tax Cuts

    Quote Originally Posted by Erod View Post
    Oh, so now you want to pick who gets to make money and who doesn't?
    One can hope.
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    Re: Obama Announces 'Framework' for Deal With Congress to Extend Bush-Era Tax Cuts

    Obama has lost his nerve. He should have let all the Bush tax cuts expire. Congress would have to scramble and actually do some work for a change.

    Normally I would say that we should change things gradually, instead of throwing them out and starting over. But this mess isn't going to be sorted out gradually. Each delay increases debt and deficit.

    I know that a lot of people will suffer a little, but even more will complain loudly that they have lost essential services, such as cell phones, cable TV, video games, etc.

    Our poor should have to live the life of the middle class of the 50's. Housed and fed, but not entertained on the govt teat.
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    Re: Obama Announces 'Framework' for Deal With Congress to Extend Bush-Era Tax Cuts

    Quote Originally Posted by UtahBill View Post
    True, they are our "royalty", they are trust funders, inherited wealth, etc., They are a small part of our moneyed elite. but they are also victims of crooked Wall Street deals. Madoff sure nailed a lot of them. Most of them aren't participating in the daily operations on Wall street. When I say crooks, I mean active participants in shady deals...
    And we can certainly agree that those people should be exposed and prosecuted. Unfortunately, too many are adept at weaving themselves into Washington. If you're watching Boardwalk Empire like me, it crosses your mind during each episode. (Fantastic show, btw)

    Probably half the people Madoff nailed had it coming; the other half didn't.

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    Re: Obama Announces 'Framework' for Deal With Congress to Extend Bush-Era Tax Cuts

    Quote Originally Posted by UtahBill View Post
    Our poor should have to live the life of the middle class of the 50's. Housed and fed, but not entertained on the govt teat.
    Now THAT is a novel concept. Shoot, they should have to live the life I led in college.

    What we call poor these days is ridiculous. Many of them don't have income issues; they have money management issues.

    It's an insult to the truly poor in this country.

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    Re: Obama Announces 'Framework' for Deal With Congress to Extend Bush-Era Tax Cuts

    Quote Originally Posted by Erod View Post
    And we can certainly agree that those people should be exposed and prosecuted. Unfortunately, too many are adept at weaving themselves into Washington. If you're watching Boardwalk Empire like me, it crosses your mind during each episode. (Fantastic show, btw)

    Probably half the people Madoff nailed had it coming; the other half didn't.
    I don't get HBO, won't pay extra to have what is left of my intellect damaged by what is on the TV nowadays...
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    Re: Obama Announces 'Framework' for Deal With Congress to Extend Bush-Era Tax Cuts

    Quote Originally Posted by Erod View Post
    Now THAT is a novel concept. Shoot, they should have to live the life I led in college.

    What we call poor these days is ridiculous. Many of them don't have income issues; they have money management issues.

    It's an insult to the truly poor in this country.
    I know more than a few people who spent their way into, and back out of, bankruptcy. And turn around afterwards and spend as if those bankruptcies never happened. The new bankruptcy laws were considered harsh by many, even here on DP, but the general rule should be, if you don't have any money, stop spending it !!!!
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    Re: Obama Announces 'Framework' for Deal With Congress to Extend Bush-Era Tax Cuts

    Quote Originally Posted by UtahBill View Post
    I don't get HBO, won't pay extra to have what is left of my intellect damaged by what is on the TV nowadays...

    Boardwalk Empire is pretty good. And moi did Steve Buscemi's portrait for a national magazine

    1231231A.jpg (image)

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    Re: Obama Announces 'Framework' for Deal With Congress to Extend Bush-Era Tax Cuts

    Quote Originally Posted by UtahBill View Post
    I don't get HBO, won't pay extra to have what is left of my intellect damaged by what is on the TV nowadays...
    I don't watch a single show on TV other than sports, news, and history-related programming.

    The few exceptions have included mostly HBO shows. Band of Brothers might be the best movie (series) I ever witnessed of any kind. John Adams was fantastic, too.

    The only ongoing series I ever really got into was the Sopranos, and Boardwalk Empire is similar. If you like time pieces (which I love), it's extremely well done, set in the 1920s along the Boardwalk, and it deals a lot with both the local and national politics of the time, while it shows the rise of organized crime during prohibition.

    It covered Harding's baby-mama, it has Lucky Luciano and Al Capone, and yet it's still fictional overall. Very fascinatingly conceived show.

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