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House blocks funding for health care law

What Is a Hedge Fund?

Perhaps you should educate yourself as to what a hedge fund manager is. before coming back to spew the nonsense you spew, that doesn't even have a bit of truth to it.

What lovely personality you have! I know what hedge fund is. They have been in the news a lot:

"First came the 2009 arrest of Raj Rajaratnam, founder of the Galleon Group. Then came the November 22, 2010 raids of three hedge fund headquarters by FBI agents who seized documents and confiscated BlackBerries. Now authorities are serving subpoenas on other, larger hedge and mutual funds. Attorney General Eric Holder has announced the government's widening investigation is "ongoing" and "very serious." (Recently, though, Jesse Eisenger in the New York Times called these investigations a "side show.")
How Hedge Funds Create Criminals - Lynn Stout - The Conversation - Harvard Business Review


Where's The Heat On Hedge Funds?


Hedge Funds, JPMorgan, Goldman, Lehman in Court News - Bloomberg
 
Might the wicked witch be dead?

Unconstitutional and defunded.

The first extremely important step in the road to recovery is to kill Obamacare in its tracks.

They just handed the Dems a perfect campaign talking point for 2012-- GOP pulls the plug on grandma... and cuts off life-saving treatment to the little children.

Well done! GO GOP!
 
What lovely personality you have! I know what hedge fund is. They have been in the news a lot:

"First came the 2009 arrest of Raj Rajaratnam, founder of the Galleon Group. Then came the November 22, 2010 raids of three hedge fund headquarters by FBI agents who seized documents and confiscated BlackBerries. Now authorities are serving subpoenas on other, larger hedge and mutual funds. Attorney General Eric Holder has announced the government's widening investigation is "ongoing" and "very serious." (Recently, though, Jesse Eisenger in the New York Times called these investigations a "side show.")
How Hedge Funds Create Criminals - Lynn Stout - The Conversation - Harvard Business Review


Where's The Heat On Hedge Funds?


Hedge Funds, JPMorgan, Goldman, Lehman in Court News - Bloomberg

You do know that you have become so liberal that your senses are fading don't you ??

First (yet again) you go off on a tangent of how the hedge fund managers are and I quote................. “You defend the bankers that skim millions from citizens pensions yet deny a teacher of our future citizens, $75,000 a year? “.............and I question you about how and why they make money, and you come back with a post about how a few managers make money illegally for the very citizens you are defending.

So again basically, your statement that hedge fund managers are skimming money from the teachers, is another of your hyperboles...... and that has once again been proven to be false. So you come back with well yeah but a few of them are doing it illegally. So what ??? If you are so worried about those poor teachers making $75,000 a year, you should be bragging about those evil and corrupt managers making those hedge funds millions that helps those unions invested in them.

So just for arguements sake, I'll ask you why are you defending teachers ???? Right now in American, we spend "MORE" on education (k-12 grades) then any other country in the world, yet we are dropping (to 11 to 14 depending on who is doing the reporting) in how well we are educating our children.

I'm going to start arguing just like you, with a completely closed mind, it has to be the teachers fault, cause just like you said they are the ones educating our children, and apparently they aren't doing their job.
 
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Because there's nothing like a sick child sitting in a public hospital waiting room for 8 hours to win over voters.

And Grandma sleeping in her own feces (because homes must cut their staff) will be go over big time with those values voters.
 
You do know that you have become so liberal that your senses are fading don't you ??

Always enjoy your personal swipes Barb! :sun

First (yet again) you go off on a tangent of how the hedge fund managers are and I quote................. “You defend the bankers that skim millions from citizens pensions yet deny a teacher of our future citizens, $75,000 a year? “.............and I question you about how and why they make money, and you come back with a post about how a few managers make money illegally for the very citizens you are defending.

So as long as its illegal you have no problem with it?
So again basically, your statement that hedge fund managers are skimming money from the teachers, is another of your hyperboles...... and that has once again been proven to be false. So you come back with well yeah but a few of them are doing it illegally. So what ??? If you are so worried about those poor teachers making $75,000 a year, you should be bragging about those evil and corrupt managers making those hedge funds millions that helps those unions invested in them.

Do you mean the way Enron helped those pensions?

So just for arguements sake, I'll ask you why are you defending teachers ???? Right now in American, we spend "MORE" on education (k-12 grades) then any other country in the world, yet we are dropping (to 11 to 14 depending on who is doing the reporting) in how well we are educating our children.

Because of the importance to the future of our country. So you blame the teachers? Is this what this is all about?
 
Because there's nothing like a sick child sitting in a public hospital waiting room for 8 hours to win over voters.

And Grandma sleeping in her own feces (because homes must cut their staff) will be go over big time with those values voters.


That's what I'm thinking......... the continued class war against the middle class is going to be a big mistake for the GOP with the coming election next year.
 
That's what I'm thinking......... the continued class war against the middle class is going to be a big mistake for the GOP with the coming election next year.

and with expanded Democratic turnout in a presidential year, its looking like this thing is going to turn around and do so rather quickly.
 
the continued class war against the middle class is going to be a big mistake for the GOP

says the gentleman whose raison d'etre is class warfare
 
Catawba;1059313815]Always enjoy your personal swipes Barb! :sun

I know .. but you make it so easy at times.

So as long as its illegal you have no problem with it?

I happen to have a big problem with it, but those who are invested in those hedge funds are making a profit .. yes or no ?? You know what you're doing, every time you are proven wrong about something, you move off of what we were talking about .... hedge fun managers, huge salaries, are performance based, thus if a fund manager in fact does make a huge salary, it's only because the hedge fund makes huge profits, benefiting those invested.

Do you mean the way Enron helped those pensions?

Please explain what Enron has to do with hedge fund managers, you jump around so much in your need to blame anyone that makes money, you are hard to keep up with.

Because of the importance to the future of our country. So you blame the teachers? Is this what this is all about?

No, if you could read, I said I'm going to argue like a liberal ... 'cause you seem to be just as intent on only blaming the rich.

But onto the teachers.
So you deny that we spend more with less then desired results ?? It's the teacher job to educate them, who's fault is it? Sounds like you are promoting higher prices for poorer education. Its that part of the liberal reform platform? If these teachers want more, how about giving us positive results.

I guess you opinion should be that the government pays those hedge fund managers 75.000 a year, with great retirement benefits, to lose money in the hedge funds ? Wouldn't that be the same thing?
 
says the gentleman whose raison d'etre is class warfare

-chuckles- yeah, class warfare, according to liberals is being created by the conservatives, while at the same time, they want to blame 10% of the people for their own shortcomings. What the liberals should be saying is, it's class envy, of those that worked hard, and made the American dream a reality.

Their theory is that those 10% that made it, and they couldn't, therefore those 10% owe them for their failures, and deserve to have it taken from them, because working harder, taking bigger risks doesn't fit their “I'm owed” mentality.
 
I wonder what Catawba and liberals like him that have this jealousy filled hatred for the successful in this nation will do when the wealthy just leave.

j-mac
 
I wonder what Catawba and liberals like him that have this jealousy filled hatred for the successful in this nation will do when the wealthy just leave.

governor andrew cuomo's answer:

New Yorkers are voting with their feet. Two million New Yorkers have left the State over the past decade. What does this say? It says we need radical reform, it says we need a new approach, we need a new perspective and we need it now. We must use this moment to transform our government.

And I am going to present the budget in several weeks – but this year’s budget discussion is not just about a budget exercise. That’s what those numbers are saying. This is a fundamental realignment for the state.

We are going to start by transforming New York’s economy. Because what made New York the Empire State was a not a large government complex, it was a vibrant private sector that was creating great jobs in the State of New York that’s what made us the Empire State once and that’s what’s going to make us the Empire State again.

At the heart of this State is business. And we have to relearn the lesson our founders knew and we have to put up a sign that says New York is open for business. We get it. And this is going to be a business friendly State.

Next, we are going to have to confront the tax situation in our State. The property taxes in New York are killing New Yorkers. Thirteen of the sixteen highest tax counties are in New York when asset by home value. In absolute dollars, Westchester County the highest property taxes in the United States of America. Nassau County the second highest property taxes in the United State of America. It has to end, it has to end this year. New York has no future as the tax capital of the nation. Our young people will not stay. Our business will not come. This has to change.

GOVERNOR ANDREW M. CUOMO STATE OF THE STATE ADDRESS | Governor
 
-chuckles- yeah, class warfare, according to liberals is being created by the conservatives, while at the same time, they want to blame 10% of the people for their own shortcomings. What the liberals should be saying is, it's class envy, of those that worked hard, and made the American dream a reality.

Like Paris Hilton?

The myth that all wealthy people worked for their money is the biggest bunch of b.s. Most wealth is inherited or capital gains.
 


Upper-income tax cuts and tax deal

"The president’s budget requests have consistently adhered to one campaign pledge: Allow the Bush-era tax cuts for the wealthiest 2% of Americans to expire. Like last year’s budget, this budget proposes to permanently extend middle-class tax relief for individuals earning less than $200,000 and joint-filers earning less than $250,000. This proposal implicitly means allowing the top 33% and 35% marginal tax rates to revert to 36% and 39.6%, respectively, for individuals earning above $200,000 and joint-filers making more than $250,000. The budget also assumes that the personal exemption phase-out and the limitation on itemized deductions are reinstated for these top earners. Finally, the preferential rate on capital gains and dividends would increase from 15% to 20% for upper-income tax filers (prior to the Bush-era tax cuts, qualified dividends had been taxed as ordinary income under progressive tax rates). Last December’s tax deal had extended these upper-income tax cuts through the end of 2012 as the price for securing middle-class tax relief and continuing emergency unemployment insurance.

December’s tax deal also included a two-year estate tax cut (benefiting only the wealthiest 0.25% of Americans) instead of reinstating the estate tax at 2009 levels, as the president’s 2011 budget had proposed. This year’s budget proposes extending the estate and gift tax rates at 2009 parameters (after the December tax deal expires), adding an estimated $271 billion to deficits over a decade, relative to current law. In contrast, extending the upper-income tax cuts and the estate tax levels in the tax deal would add $953 billion to deficits over the next decade, relative to the president’s proposals, offsetting almost all of the deficit reduction measures in the president’s budget request."

President Obama
 
his budget?

LOL!

his budget is a joke

it actually raises the deficit 30%

and in the outyears it relies on interest rates and projected growth ridiculously unreal

meanwhile, where pen meets paper

First Read - Obama signs tax cut bill into law

party on, class warrior
 
Yeah, based on a litany of new taxes on business, which will invariably lead to more layoffs, higher unemployment and less tax base. And$ 1.1 trillion over 10 years wouldn't excite me even if it was true.

Obama budget projects record $1.6 trillion deficit

You can't cure 30 years of overspending and undertaxing the wealthy overnight. Sure is a good thing we have a health care bill, or our deficit would be even worse over the long haul, as it "will cut the deficit by more than a trillion dollars over 20 years."
 
the budget is a bid

the tax cuts for the rich are SIGNED LAW

deal with it, dividers
 
You can't cure 30 years of overspending and undertaxing the wealthy overnight. Sure is a good thing we have a health care bill, or our deficit would be even worse over the long haul, as it "will cut the deficit by more than a trillion dollars over 20 years."

The savings is based on zero populaton growth, much lower unemployement, no additional government spending projects, and healthcare being "spending neutral". Plus, it enacts a host of new taxes to curtail economic growth.

Dubious at best.
 
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