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Thread: Poll shows Americans oppose entitlement cuts to deal with debt problem

  1. #251
    warrior of the wetlands
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    Re: Poll shows Americans oppose entitlement cuts to deal with debt problem

    Quote Originally Posted by Ron Mars View Post
    Whoever it was predicted liberalism and it's ruin of America.
    Never mind those who promote the destruction of America by expanding teat suckling. You are correct. The dems want a majority of voters to be teat sucklers realizing 1000 unproductive or underproducing parasites and addicts can out vote 50 industrious employers



  2. #252
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    Re: Poll shows Americans oppose entitlement cuts to deal with debt problem

    Quote Originally Posted by Ron Mars View Post
    Yeah. At the White House passing out other people's money.
    The only three cornered hats I have seen anywhere near the White House was across the street in the park and two secret agents were keeping very close tabs on him since he kept yelling something about the British coming .
    __________________________________________________ _
    There are two novels that can change a bookish fourteen-year old's life: The Lord of the Rings and Atlas Shrugged. One is a childish fantasy that often engenders a lifelong obsession with its unbelievable heroes, leading to an emotionally stunted, socially crippled adulthood, unable to deal with the real world. The other, of course, involves orcs.... John Rogers

  3. #253
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    Re: Poll shows Americans oppose entitlement cuts to deal with debt problem

    Quote Originally Posted by TurtleDude View Post
    Never mind those who promote the destruction of America by expanding teat suckling. You are correct. The dems want a majority of voters to be teat sucklers realizing 1000 unproductive or underproducing parasites and addicts can out vote 50 industrious employers
    You just like saying that word over and over.
    __________________________________________________ _
    There are two novels that can change a bookish fourteen-year old's life: The Lord of the Rings and Atlas Shrugged. One is a childish fantasy that often engenders a lifelong obsession with its unbelievable heroes, leading to an emotionally stunted, socially crippled adulthood, unable to deal with the real world. The other, of course, involves orcs.... John Rogers

  4. #254
    warrior of the wetlands
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    Re: Poll shows Americans oppose entitlement cuts to deal with debt problem

    Quote Originally Posted by haymarket View Post
    The only three cornered hats I have seen anywhere near the White House was across the street in the park and two secret agents were keeping very close tabs on him since he kept yelling something about the British coming .
    He was right next to that deluded black woman who said now that Obama was president she no longer had to worry about paying for gasoline or her mortgage



  5. #255
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    Re: Poll shows Americans oppose entitlement cuts to deal with debt problem

    Quote Originally Posted by haymarket View Post
    You just like saying that word over and over.
    If the teat fits..........



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    Re: Poll shows Americans oppose entitlement cuts to deal with debt problem

    Teat. Is that like a farm thing or a baby thing? There's so much I don't know.

  7. #257
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    Re: Poll shows Americans oppose entitlement cuts to deal with debt problem

    Quote Originally Posted by haymarket View Post
    The only three cornered hats I have seen anywhere near the White House was across the street in the park and two secret agents were keeping very close tabs on him since he kept yelling something about the liberals are here .
    There, I fixed it.
    The national security of the United States can never be left in the hands of liberals.

  8. #258
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    Re: Poll shows Americans oppose entitlement cuts to deal with debt problem

    Quote Originally Posted by sazerac View Post
    Teat. Is that like a farm thing or a baby thing? There's so much I don't know.
    If you ever saw the movie WITNESS starring Harrison Ford and Kelly McGillis you would be educated on this subject



  9. #259
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    Re: Poll shows Americans oppose entitlement cuts to deal with debt problem

    Quote Originally Posted by sazerac View Post
    Teat. Is that like a farm thing or a baby thing? There's so much I don't know.
    Think of it as instead of a fierce bald eagle being replaced with a sow wallowing in the mud with liberals fighting for the teets.

    Or maybe changing a famous American slogan from "Don't Tread On ME" to "What's In It for Me"

    From this:


    To this:

    Grandma’s Pig and Seven Baby Piglets
    The national security of the United States can never be left in the hands of liberals.

  10. #260
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    Re: Poll shows Americans oppose entitlement cuts to deal with debt problem

    Quote Originally Posted by washunut View Post
    Have to admit, you got me. For awhile, it seemed this was going to be a rational post. But the highlighted sentences burst my bubble. I wonder if the mortgage company you did work for is still in business, most went bankrupt.

    This happened becuase of low tax rates on hedge funds. This would be funny if it were not so sad. What hedge funds were involved in a major way in this issue. Other than taking sides like Paulson did, which BTW made he billions.
    The mortgage company in question did go bust, I never implied otherwise. It was, in essence, a sales office for Countrywide and Lehman, pushing mortgage money out.

    The low tax rates contributed to a mentality that encouraged feeing up these instruments. Firms like Countrywide and Lehman, were pushing product (in this case money) out into the market... and everyone along the supply chain was collecting fees. The ultimate instruments were packaged as a mix of high-grade and low grade mortgages, wrapped with insurance from our friends at AIG (often the instruments were re-phased into derivatives) and sold to various investment funds, including hedge funds.

    The whole process had fees payable to everyone in the supply chain... anyone seriously looking into this realized it was a house of cards. For example, this particular mortgage company made 8-12% on the mortgage money it placed. Other fees were earned by participants further up the supply chain. You can't add that many fees to a mortgage... Moreover, though the mortgage company had its own credit lines, and those credit lines had recourse, the company did not have anywhere near the financial wherewithal to handle the recourse.

    The problem with low personal income tax rates is that it encourages people to remove money from a business rather than retain earnings and re-invest. Hence, you get a lot of short-term financial goal setting rather than a focus on long-term growth (where you exit gets preferred tax treatment as capital gains)

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