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United States loses its AAA Credit rating from S & P

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The Barbarian said:
Really ?

Well seeing you are so good at math .. how about you come up with an answer


We'll plug in numbers to make it easy $20 dollars an hour … time and a half for over time .. total tax load of 50% (federal, SS, Medicare, and state taxes)

What is his tax on 20 hours of over time ?? if I have it figured right … it would be an additional $350 dollars .. . is that not equal to 10 hours of overtime pay ?
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Your total tax load is not 50% and if you work 20 hours of overtime, you make twice as much overtime than if you worked 10 hourse of overtime :duh:
 
The Prof said:
LOL!

no one's always right, sydney

didn't you know that

the point is the people of new york, overwhelmingly dem, think he's right

and he's CUTTING BILLIONS
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That's why they elected a dem. WE NYers know that a republican could never cut spending. When we want to spend ourselves into a hole, then we'lll elect a repub :lol:
 
Conservative said:
Link? Look at the Pfizer website, Merck, or any other phara company. What do you think these companies use R&D money for and where does that R&D money come from?
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IOW, the rightwing lies, and when challenged, they sling slogans and more lies. I call it "retreat and repeat"
 
sangha said:
IOW, the rightwing lies, and when challenged, they sling slogans and more lies. I call it "retreat and repeat"
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Rightwing lies? Tell me what are the lies in the following:

Obama economic results in 2011, .4% GDP and 1.3% GDP growth in 2011, 24+ million unemployed or under employed Americans in 2011, 4 trillion added to the debt in less than 3 years, and a downgrade of the U.S. credit rating. Rising Misery index 7.83 to 12.67. First President in U.S. History to have our credit downgraded on his watch!
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You claim to lean independent, now that is funny as there is nothing independent about your posts, all leftwing
 
sangha said:
So then why are you calling for tax hikes?

Like I said, rightwingers have no principles. All they have is lies and slogans.
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tell me how raising taxes puts 25 million unemployed and under employed Americans back to work? The only ones calling for tax increases are those liberals who haven't a clue and believe we have a revenue problem and not a spending problems. When you compromise with a liberal you always get tax increases but never spending cuts.
 
A lot of good information in this op ed piece that liberals will ignored because of the author as they will never read the content. What is it about liberalism that creates such loyalty that logic and common sense mean nothing?

Media, Left
 
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1Perry said:
Asking what percentage of our debt can be addressed with taxes is a legit question. One that I see asked over and over without a reply. Yes, I note that you agree that we have a debt problem but only a small percentage is going to be able to addressed with new taxes.
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Tell me why some here are screaming to increase taxes on "the 47% who pay no taxes". I still call BS on that number, BTW. At $42K we are going down the tubes and will still pay taxes. Like so many of that mythical 47% we simply don't have the deductions to file the long form.

Why was my call to roll corporate taxes back to pre-cut days and offer tax incentives for jobs created ignored? If tax cuts create jobs then those corporations would still get exactly the same tax rate, why the fear?

This mess was caused by both parties and allowed by apathetic Americans who get easily sidetracked by shiny things. I can find no one who is without guilt.

The financial market has demanded by their own actions strong regulation. Many Americans have accepted job downgrades and many more will before the end I expect.

Where we are right now demands that action is required, not phoney math and bull**** from the political pulpit. Certainly not partisan parroting and finger pointing.
 
Polotick said:
Tell me why some here are screaming to increase taxes on "the 47% who pay no taxes". I still call BS on that number, BTW. At $42K we are going down the tubes and will still pay taxes. Like so many of that mythical 47% we simply don't have the deductions to file the long form.

Why was my call to roll corporate taxes back to pre-cut days and offer tax incentives for jobs created ignored? If tax cuts create jobs then those corporations would still get exactly the same tax rate, why the fear?

This mess was caused by both parties and allowed by apathetic Americans who get easily sidetracked by shiny things. I can find no one who is without guilt.

The financial market has demanded by their own actions strong regulation. Many Americans have accepted job downgrades and many more will before the end I expect.

Where we are right now demands that action is required, not phoney math and bull**** from the political pulpit. Certainly not partisan parroting and finger pointing.
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Great spin on your part, you are the one along with all other liberals claiming we need more revenue yet never addressing the FACT that 47% of income earners aren't paying any FIT. I don't think we have a revenue problem, we have a spending problem. How much additional revenue would you get if you collected anything say $100 a year from the 70 million income earners who aren't paying anything?
 
Conservative said:
Many? What do you think Pharma does with their R&D Money? 153 in 40 years. Is that all the breakthrough drugs we have had?
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Rather than explain it to you.Read the following two books.

Overdosed America: by John Abramson, M.D

and

The Truth About the Drug Companies: written by Marcia Angell, M.D



You will find that most socalled research by big pharma is really done by outside sources. The biggest chunk of money they spend is on advertisement.:2wave:
 
donc said:
Rather than explain it to you.Read the following two books.

Overdosed America: by John Abramson, M.D

and

The Truth About the Drug Companies: written by Marcia Angell, M.D



You will find that most socalled research by big pharma is really done by outside sources. The biggest chunk of money they spend is on advertisement.:2wave:
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You really do hate private industry, don't you? Your article claims that 153 drugs have been created by public research companies over the last 40 years. That is a drop in the bucket in enhancements over that same period but you ignore that reality. Why? R&D money doesn't go to advertisement. By the way how many taxpaying people work for Pharma companies and how much do Pharma companies pay to local charities and contribute to the local communities? Let's shut them all down and put those people on the unemployment line with the other 25 million unemployed or under employed.
 
Conservative said:
Great spin on your part, you are the one along with all other liberals claiming we need more revenue yet never addressing the FACT that 47% of income earners aren't paying any FIT. I don't think we have a revenue problem, we have a spending problem. How much additional revenue would you get if you collected anything say $100 a year from the 70 million income earners who aren't paying anything?
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This argument, on both sides, and this BS justification above must stop. It's speculative conjecture based "reasoning" that never ventures away from the party/media (of choice) framework as they define it for you.

I always find it interesting that the rallying cry for the Tea Party is missing half (it's most important half) of the original battle cry of no taxation...

.. WITHOUT REPRESENTATION.

Since well over 47% of the time Our elected public servant representatives spend is with special interests of elites, it is only fair that they pay more than those they've subversively subjugated that representation from.

Any other argument is circus theater. It's really just that simple. And the founders agreed so passionately, they went to war to win it.... for you/Us.

IT'S ABOUT EQUAL REPRESENTATION!
 
Occam's Razor said:
This argument, on both sides, and this BS justification above must stop. It's speculative conjecture based "reasoning" that never ventures away from the party/media (of choice) framework as they define it for you.

I always find it interesting that the rallying cry for the Tea Party is missing half (it's most important half) of the original battle cry of no taxation...

.. WITHOUT REPRESENTATION.

Since well over 47% of the time Our elected public servant representatives spend is with special interests of elites, it is only fair that they pay more than those they've subversively subjugated that representation from.

Any other argument is circus theater. It's really just that simple. And the founders agreed so passionately, they went to war to win it.... for you/Us.

IT'S ABOUT EQUAL REPRESENTATION!
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You miss the point entirely, today we have a 3.7 trillion dollar a year Federal Govt. and liberals claim we need to increase revenue to pay for it. I don't agree with that at all. I know we have a spending problem not a revenue problem and also know that if you compromise with liberals on getting tax increases those same liberal politicians will never give you the spending cuts because that is how they keep their jobs, keeping a large group of people dependent.
 
Conservative said:
You really do hate private industry, don't you? Your article claims that 153 drugs have been created by public research companies over the last 40 years. That is a drop in the bucket in enhancements over that same period but you ignore that reality. Why? R&D money doesn't go to advertisement. By the way how many taxpaying people work for Pharma companies and how much do Pharma companies pay to local charities and contribute to the local communities? Let's shut them all down and put those people on the unemployment line with the other 25 million unemployed or under employed.
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Is there anything in the above:funny that refutes my statement "You will find that most socalled research by big pharma is really done by outside sources"? No?Why am i not surprised?:roll:
 
donc said:
Is there anything in the above:funny that refutes my statement "You will find that most socalled research by big pharma is really done by outside sources"? No?Why am i not surprised?:roll:
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How do you explain their huge R&D budgets.
 
donc said:
Is there anything in the above:funny that refutes my statement "You will find that most socalled research by big pharma is really done by outside sources"? No?Why am i not surprised?:roll:
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And paid for by Big Pharma. Do you deny that Big Pharma has created drugs as well? You have so much support for the bureacrats that created the 14.5 trillion dollar debt we all are paying for today and yet the attack on the private sector continues.

I haven't seen you or any other liberal talk about the benefits corporations add to the economy and the country. Why is that?
 
Polotick said:
Tell me why some here are screaming to increase taxes on "the 47% who pay no taxes". I still call BS on that number, BTW. At $42K we are going down the tubes and will still pay taxes. Like so many of that mythical 47% we simply don't have the deductions to file the long form.

Why was my call to roll corporate taxes back to pre-cut days and offer tax incentives for jobs created ignored? If tax cuts create jobs then those corporations would still get exactly the same tax rate, why the fear?

This mess was caused by both parties and allowed by apathetic Americans who get easily sidetracked by shiny things. I can find no one who is without guilt.

The financial market has demanded by their own actions strong regulation. Many Americans have accepted job downgrades and many more will before the end I expect.

Where we are right now demands that action is required, not phoney math and bull**** from the political pulpit. Certainly not partisan parroting and finger pointing.
Click to expand...

Because no one is going to spend $30,000+ to hire an employee they don't need, just to save a couple thousand on their taxes.

Tax credits don't = tax cuts.
 
apdst said:
Because no one is going to spend $30,000+ to hire an employee they don't need, just to save a couple thousand on their taxes.

Tax credits don't = tax cuts.
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So what you are saying, the issue is that businesses do not need to hire? Please remember the difference between a want and a need.
 
Conservative said:
You miss the point entirely, today we have a 3.7 trillion dollar a year Federal Govt. and liberals claim we need to increase revenue to pay for it. I don't agree with that at all. I know we have a spending problem not a revenue problem and also know that if you compromise with liberals on getting tax increases those same liberal politicians will never give you the spending cuts because that is how they keep their jobs, keeping a large group of people dependent.
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Wouldn't it make sense to look at what has worked in the past?

Why cloud the issue with all this partisan gum flapping?

The issue for the People is domestic stability, growth and security. Period. The American People, by and large, have no foreign interests.

Cutting the military back to 2001 or even 2003 levels will still give us the ability to reduce any country on earth to rubble in a week or less... never putting a boot on the ground. Every patriotic American should know this, and know that every other country on the planet knows this.

The only foreign interests America has... are business interests. Not freedom or democracy (though it's a nice side benefit if it happens) as we have supported or installed over 25 tinpot dictators. Business interests dictate foreign policy for the most part. Therefore, if we find ourselves fighting somewhere, you can bet more often than not there is a profit motive behind it for a very few but influential. Our military is too often used to enforce those business interests.

These business interests exercise super human influence among Our Public servants. By shear fact that the directors can and do add the voice and resources of those corporations to their own constitutionally protected individual voice, they subvert the constitutionally protected guarantee of equal representation.

Raising taxes to levels consistent with past successful emergency debt reduction is also common sense. The wealthy were still wealthy, the super wealthy still became more super wealthy.

Cutting entitlements only by ridding the system of abusers which would result in massive savings and allow those left on entitlements (those that truly need it) to see meaningful streamlining of the programs. Social Security for seniors is NOT an entitlement. Each working adult pay in... it's their freakin money.
 
Occam's Razor said:
Wouldn't it make sense to look at what has worked in the past?

Why cloud the issue with all this partisan gum flapping?

The issue for the People is domestic stability, growth and security. Period. The American People, by and large, have no foreign interests.

Cutting the military back to 2001 or even 2003 levels will still give us the ability to reduce any country on earth to rubble in a week or less... never putting a boot on the ground. Every patriotic American should know this, and know that every other country on the planet knows this.

The only foreign interests America has... are business interests. Not freedom or democracy (though it's a nice side benefit if it happens) as we have supported or installed over 25 tinpot dictators. Business interests dictate foreign policy for the most part. Therefore, if we find ourselves fighting somewhere, you can bet more often than not there is a profit motive behind it for a very few but influential. Our military is too often used to enforce those business interests.

These business interests exercise super human influence among Our Public servants. By shear fact that the directors can and do add the voice and resources of those corporations to their own constitutionally protected individual voice, they subvert the constitutionally protected guarantee of equal representation.

Raising taxes to levels consistent with past successful emergency debt reduction is also common sense. The wealthy were still wealthy, the super wealthy still became more super wealthy.

Cutting entitlements only by ridding the system of abusers which would result in massive savings and allow those left on entitlements (those that truly need it) to see meaningful streamlining of the programs. Social Security for seniors is NOT an entitlement. Each working adult pay in... it's their freakin money.
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There has never been any debt reduction, only increased spending. We haven't had a balanced budget in decades so until the govt. cuts spending I have no interest in raising taxes on anyone for the American people receiving more take home pay creates less of a need for a 3.7 trillion dollar yearly govt.

I am waiting for anyone to explain to me how raising taxes puts 25 million unemployed or under employed(16.1% U-6 numbers) back to work full time paying full taxes? For those that want more revenue ignore that 65 million income earners(47% of 140 million income earners) and 25 million unemployed or under employed aren't paying much if any in FIT that funds that 3.7 trillion dollar govt. Those that want to increase taxes on corporations ignore who pays those taxes and also ignores exactly how little that will contribute to alleviating the problem and in fact magnifies it.
 
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