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Thread: Over 90% of the income gains in the first year of the recovery went to the top 1%

  1. #121
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    Re: Over 90% of the income gains in the first year of the recovery went to the top 1%

    Quote Originally Posted by Catawba View Post
    Your red herring has nothing whatsoever to do with raising the capital gains tax rate.
    Which red herring are you refering to? The one where you raise taxes on the wealthy and they find a way around it...

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    Re: Over 90% of the income gains in the first year of the recovery went to the top 1%

    Quote Originally Posted by Dickieboy View Post
    It came from YOUR post #104. It was what Spencer Bacus stated.
    Oh, this is what you are referring to:

    "After Republicans took over the House of Representatives in November 2010, the incoming House Financial Services Chairman, Rep. Spencer Bachus (R-AL), said he believes Washington’s role is to “serve the banks.” And the GOP has done its best this year to follow that directive, by denying regulators the money they need to implement the Dodd-Frank financial reform law, trying to repeal or water down some of the law’s key provisions, and blocking Obama administration nominations to regulatory posts."

    "Senate Republicans have also put a hold on a slew of nominations to fill financial regulatory positions."
    My question to you was since you found fault in this is it position that the opposite is true? IOW is the banks' role to serve Washington?
    No, which has nothing to do with re-regulating the banks which the Dems support and the GOPs oppose.
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    Re: Over 90% of the income gains in the first year of the recovery went to the top 1%

    Quote Originally Posted by Dickieboy View Post
    The specific bolded statements, yes they are the ones I oppose. How could any self-respecting Liberal agree to raise health care costs on military retirees, many of whom were put in harms way?
    So you are opposed to:

    "eliminate co-pays for generic mail-order drugs, while shifting retail co-pays from a dollar amount to a percentage co-pay. The change would apply to military families and retirees, but not active-duty service members."

    "fiscal responsibility"

    "That includes maintaining the highest quality health care for them," he continued. "We will continue to maintain the highest possible health care, but during this period of fiscal belt tightening, we may see modest cost increases in TRICARE enrollment fees and co-pays to sustain the health system."

    "The changes also would help to level "a measurable disparity" between military retirees and private sector workers,"

    "expanded GI Bill benefits" for veterans

    "job training" for veterans

    "homeless prevention programs" for veterans

    "proposed tax credits for employers to hire veterans."


    Well, its not hard to see why you differ from the majority of Americans.
    Treat the earth well: it was not given to you by your parents, it was loaned to you by your children. We do not inherit the Earth from our Ancestors, we borrow it from our Children. ~ Ancient American Indian Proverb

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    Re: Over 90% of the income gains in the first year of the recovery went to the top 1%

    Quote Originally Posted by Dickieboy View Post
    OH, I get it...the vote on some bill was divided on party lines and that is some big news???! Really? And since 'too big to fail' was one of the major causes of the financial downturn did Dodd-Frank address it? How about FM/FM, were they addressed?
    I'm going with the party that supports financial regulation, not the party that opposes it. The party that supported Dodd-Frank and the party that supports HR 1489, with 58 co-sponsors in the House, almost all Democrats.

    http://www.opencongress.org/bill/112-h1489/show
    Last edited by Catawba; 03-11-12 at 03:11 AM.
    Treat the earth well: it was not given to you by your parents, it was loaned to you by your children. We do not inherit the Earth from our Ancestors, we borrow it from our Children. ~ Ancient American Indian Proverb

  5. #125
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    Re: Over 90% of the income gains in the first year of the recovery went to the top 1%

    Quote Originally Posted by Catawba View Post
    Well, its not hard to see why you differ from the majority of Americans.
    I have yet to see a poll that supports 'majority of Americans'. Maybe you can furnish support for said claim. In fact I have seen very little discussion on this topic.

    And to be clear, I am against increasing their personal cost for healthcare. I am for expanded GI Bill benefits, job training, homeless prevention programs, proposed tax credits for employers to hire veterans.

    So to be clear YOU support increasing healthcare costs to military veterans...? Kinda weird as I assume you support ACA for everyone else but want to increase costs on those who have protected your right to support it.

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    Re: Over 90% of the income gains in the first year of the recovery went to the top 1%

    Quote Originally Posted by Dickieboy View Post
    I have yet to see a poll that supports 'majority of Americans'. Maybe you can furnish support for said claim. In fact I have seen very little discussion on this topic.

    And to be clear, I am against increasing their personal cost for healthcare. I am for expanded GI Bill benefits, job training, homeless prevention programs, proposed tax credits for employers to hire veterans.

    So to be clear YOU support increasing healthcare costs to military veterans...? Kinda weird as I assume you support ACA for everyone else but want to increase costs on those who have protected your right to support it.
    I feel the trade off of getting the expanded GI Bill Benefits, job training, homeless prevention programs and tax credits for employers to hire veterans that President Obama got passed is worth the proposal that would "eliminate co-pays for generic mail-order drugs, while shifting retail co-pays from a dollar amount to a percentage co-pay. The change would apply to military families and retirees, but not active-duty service members."

    I believe the majority's vote in November will reflect that.
    Treat the earth well: it was not given to you by your parents, it was loaned to you by your children. We do not inherit the Earth from our Ancestors, we borrow it from our Children. ~ Ancient American Indian Proverb

  7. #127
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    Re: Over 90% of the income gains in the first year of the recovery went to the top 1%

    So you state:
    Quote Originally Posted by Catawba View Post
    Well, its not hard to see why you differ from the majority of Americans.
    Then when asked for support for an overreaching assertion concerning ‘the majority of Americans’ you respond with:
    Quote Originally Posted by Catawba View Post
    I believe the majority's vote in November will reflect that.
    YOU BELIEVE…YOU BELIEVE…? Your belief equates to the ‘majority of Americans’? Really?

    I understand your position on the tradeoff and without specific numbers any further discussion is a waste of time. I concur that additional money for expanded GI Bill Benefits, job training, homeless prevention programs and tax credits for employers to hire veterans is a good thing but not at the expense those who have served previously. But I guess that goes against your ‘cut military spending’ position…

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    Re: Over 90% of the income gains in the first year of the recovery went to the top 1%

    Quote Originally Posted by Dickieboy View Post
    So you state:

    Then when asked for support for an overreaching assertion concerning ‘the majority of Americans’ you respond with:


    YOU BELIEVE…YOU BELIEVE…? Your belief equates to the ‘majority of Americans’? Really?

    I understand your position on the tradeoff and without specific numbers any further discussion is a waste of time. I concur that additional money for expanded GI Bill Benefits, job training, homeless prevention programs and tax credits for employers to hire veterans is a good thing but not at the expense those who have served previously. But I guess that goes against your ‘cut military spending’ position…
    The cost savings measure represents a small negative is more than made up for the increased veterans benefits and opportunities, and is just a small fraction of the cuts proposed for the military by President Obama.

    Romney has proposed increasing military spending but he has not promised increasing veteran's benefits as the President has done.

    How do you think Romney can follow through with his promise to increase military spending beyond almost as much as the rest of the world spend combined and cut taxes for the rich even more, without increasing the projected deficits?

    Romney's Tax Plan Would Add $3T To Deficit Over A Decade
    Treat the earth well: it was not given to you by your parents, it was loaned to you by your children. We do not inherit the Earth from our Ancestors, we borrow it from our Children. ~ Ancient American Indian Proverb

  9. #129
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    Re: Over 90% of the income gains in the first year of the recovery went to the top 1%

    Quote Originally Posted by Catawba View Post
    The cost savings measure represents a small negative is more than made up for the increased veterans benefits and opportunities, and is just a small fraction of the cuts proposed for the military by President Obama.
    Again you pose supposition without any substantiation. And again, why would continuing this be productive without numbers?

    Further, why do you persist in diverting to what you suppose Romney could/would/should do? Haven’t you been posting for weeks now about how ANY GOP candidate has no chance in November? Why would discussing an impossibility (in your mind) be any less a waste of time that that above?

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    Re: Over 90% of the income gains in the first year of the recovery went to the top 1%

    Quote Originally Posted by Dickieboy View Post
    Further, why do you persist in diverting to what you suppose Romney could/would/should do?
    Romney will be the only other choice besides Obama in November.

    Haven’t you been posting for weeks now about how ANY GOP candidate has no chance in November? Why would discussing an impossibility (in your mind) be any less a waste of time that that above?
    With the unprecedented anonymous corporate funding thanks to citizens united, it will take large numbers voting to insure we offset the corporate influence. I don't believe in taking chances.
    Treat the earth well: it was not given to you by your parents, it was loaned to you by your children. We do not inherit the Earth from our Ancestors, we borrow it from our Children. ~ Ancient American Indian Proverb

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