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

  1. #281
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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 experts state that Ryan's budget deficit over the next decade is bigger than the President's deficit over the same period, so your opinion is of no consequence to me.
    So...reading the two budgets is beneath you? You had rather listen to someone tell you what it says? Like economist? Like the ones who predicted the ’08 collapse? OH yeah right they missed that one…so that makes them credible how?

    Because with right wing libertarians, its all about them. Got it!
    Tell me honestly it is not about you...self-interest is the most basic human nature...it's called survival.

  2. #282
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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 haymarket View Post
    And he repeatedly advocates programs to help the rest of Americans as well. The GOP helps nobody but the wealthy.

    And in other breaking news - the sun rises in the east tomorrow.
    addicting more and more people to government and fueling class envy as an excuse for failure is hardly good for the rest of America. Its good for people like you and other people who work for the Dem party or gain power through the dem party being in office

  3. #283
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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 TurtleDude View Post
    addicting more and more people to government and fueling class envy as an excuse for failure is hardly good for the rest of America. Its good for people like you and other people who work for the Dem party or gain power through the dem party being in office
    Yup gov bad, bad bad gov!


  4. #284
    warrior of the wetlands
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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 TheDemSocialist View Post
    Yup gov bad, bad bad gov!
    it is when it is wasteful and engages in unconstitutional activities. You of course think we need more government and we need to give it more and more money

  5. #285
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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 TurtleDude View Post
    it is when it is wasteful and engages in unconstitutional activities. You of course think we need more government and we need to give it more and more money
    What unconsitutional activities does the gov engage in?
    And its considered "wasting money" when it offers a helping hand to its citizens you know instead of killing some 3rd world citizen?


  6. #286
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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...reading the two budgets is beneath you? You had rather listen to someone tell you what it says? Like economist? Like the ones who predicted the ’08 collapse? OH yeah right they missed that one…so that makes them credible how?
    I've read the budget plans, and the Ryan plan cuts revenues so much more than spending the deficit is larger that projected if we do nothing. Basically what is does is throw seniors under the bus to give the rich bigger tax cuts, so it adds to the deficit rather than reducing it,

    If you add in Romney's pledge to increase spending on the military, that creates a trillion dollars more in deficit spending over the next decade.

    The GOP plan is just Bush redux, so thanks but no thanks!


    And they didn't miss it:

    Glass-Steagall Act: The Senators And Economists Who Got It Right

    "Outside government, doomsday-ing over the repeal of Glass-Steagall seemed far more palatable a position to take. Edward Kane, a finance professor at Boston College, warned that "nobody will be able to discipline a Citigroup" once the legislation passed, because the banks would be too big and the issues too complex.

    "It made it possible for the very big firms to take risks in away that would require a great deal of investment risk and time for regulatory agencies," Kane recalled ten years later. "You had people who could basically outplay the regulators."

    Jeffrey Garten, who at the time had left his post as Undersecretary of Commerce for International Trade at the Clinton White House, wrote in the New York Times that if these new "megabanks" were to falter, "they could take down the entire global financial system with them."

    "Sooner or later, perhaps starting with the next serious economic downturn," he wrote, "the US will have to confront one of the great challenges of our times: how does a sovereign nation govern itself effectively when politics are national and business is global?"

    Consumer protection advocate Ralph Nader, meanwhile, was far more succinct in his skepticism. "We will look back at this and wonder how the country was so asleep," he said at the time. "It's just a nightmare."

    Glass-Steagall Act: The Senators And Economists Who Got It Right



    Tell me honestly it is not about you...self-interest is the most basic human nature...it's called survival.
    Its not about me, I'm doing okay, my concern is for our country's economy and my fellow citizens.

    Only far right conservatives care more about themselves than they do the economy and their fellow citizens.
    Last edited by Catawba; 03-25-12 at 12:34 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

  7. #287
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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 TheDemSocialist View Post
    What unconsitutional activities does the gov engage in?
    And its considered "wasting money" when it offers a helping hand to its citizens you know instead of killing some 3rd world citizen?
    half of what the federal government does is not authorized by the constitution. and yes keeping people dependent on government so they vote for those who supply the public tit they suck on is wasting money

  8. #288
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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 TurtleDude View Post
    half of what the federal government does is not authorized by the constitution.
    What would that be?

    and yes keeping people dependent on government so they vote for those who supply the public tit they suck on is wasting money
    Ahhh yes...
    You do realize people who are impoverished that rely on gov programs to help them dont have high turnouts...


  9. #289
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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
    They didn't miss it:
    Let me get it straight...you post about how three people predicted it and it STILL happened...and this makes for compelling evidence how. So what about the others? You know the ones who were FOR it...then as now there are those on both sides of the isle who supported/opposed it as they do the BHO/Ryan budgets now. In the end who is right? Only time will tell.

    Again, just look at the numbers they project yourself...

  10. #290
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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
    Let me get it straight...you post about how three people predicted it and it STILL happened...and this makes for compelling evidence how. So what about the others? You know the ones who were FOR it...then as now there are those on both sides of the isle who supported/opposed it as they do the BHO/Ryan budgets now. In the end who is right? Only time will tell.

    Again, just look at the numbers they project yourself...
    That's more than you've posted to back up your claims that the Ryan budget would lower the deficit?

    I've told you I've looked at the numbers and agree with the experts, Ryan's budget proposal increases the deficit due to the tax cuts to the rich.

    And Romney's pledge to increase military spending increases the deficit even more.

    And unlike you, I have enough confidence in my position, and that enough of my fellow citizens agree, to bet that Romney loses in November.
    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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