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CBS News Poll: Most Oppose GOP Tax Plan

Could you please tell all of us how you managed to sleep through the terrible Wall Street disasters of this past decade?

and before that, Enron, and before that, the S&L debacle.....
Problem is, once we catch these bastards, they get a few years in a country club environment, and are fined a portion of the amount they stole. The govt wants their share of the ill gotten gains more than they want the small investor to get any of their losses recaptured.
 
How did that terrible Wall Street disaster hurt you and your family? There are no guarantees in life except in the liberal utopian world yet for some reason when people get to that utopian world promised, they find debt, disaster, and abuses of taxpayer dollars. what is the liberal answer? Throw more money at the problem?
Nobody here is asking for utopia, but we would like a gurantee that the govt will weed out the crooks so our money that we invest, and Wall Street "manages" for us, is safe from fraudulent practices. We have several govt agencies well staffed with coffee drinkers, porn viewers, game players, but apparently not well staffed with forensic accountants eager to put white collar criminals in prison.
 
Nobody here is asking for utopia, but we would like a gurantee that the govt will weed out the crooks so our money that we invest, and Wall Street "manages" for us, is safe from fraudulent practices. We have several govt agencies well staffed with coffee drinkers, porn viewers, game players, but apparently not well staffed with forensic accountants eager to put white collar criminals in prison.

i thought the market could police itself?
 
The market will take care of greedy entreprenuers but in your world there are no consequences for failure. If that individual invests their own money and chooses to be greedy they will fail. Where does personal responsibility rest in your world?

Show me one post by me that indicates I am against personal responsibility.....you can't, because I am for it. I have one well off sibling, and several poor siblings. If the poor siblings would show some effort to make it on their own, I would help them. But when they lose their SS check at the casino, they are on their own....
 
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Nobody here is asking for utopia, but we would like a gurantee that the govt will weed out the crooks so our money that we invest, and Wall Street "manages" for us, is safe from fraudulent practices. We have several govt agencies well staffed with coffee drinkers, porn viewers, game players, but apparently not well staffed with forensic accountants eager to put white collar criminals in prison.

Too much faith is put into the Federal Govt and not enough at the state level. There was a reason our forefathers supported a small central govt. as they wanted the power closest to the people. That is contrary to the liberal ideology today. Liberals prefer passing the responsibility to the Federal Govt because they cannot get things done at the state and local levels. That is delegating responsibility and that is something no one can ever do.
 
i thought the market could police itself?

Ask the state of California how giving the poor a debit card worked out? In Houston after Katrina Debit cards were given out to the people of New Orleans. How did that work out? Until there are consequences for failure you are barking up the wrong tree.
 
Amazing how smart you are because obviously that didn't affect you. It didn't affect me either because I transferred my holdings into cash in 2008. I learned a long time ago personal responsibility. Seems that more and more don't understand that concept

We transferred in 2007, then spent a lot of it building our retirement house. Withdrawals from my IRA and 401K triggered some horrendous tax bills, but at least we didn't lose it in the market, and we aren't paying interest on a mortgage.
But guess what many market gurus were saying in 2007? Were they warning the small investor? No, they were not....
 
I have no interesting in providing you with the benefits of you keeping more of your own money and the failures of liberal social spending startign with the Great Society. You believe it was a success? So tell me how many trillions have been spent to eradicate poverty? In 1965 there were 175 million Americans and a Federal Budget of 250 billion. Today there ar 308 million Americans and a budget of 3.6 trillion dollars. I can see how all that social spending has worked.

2 facts hardly make a theory....
 
We transferred in 2007, then spent a lot of it building our retirement house. Withdrawals from my IRA and 401K triggered some horrendous tax bills, but at least we didn't lose it in the market, and we aren't paying interest on a mortgage.
But guess what many market gurus were saying in 2007? Were they warning the small investor? No, they were not....

we took a hit......but we also cashed out some and bought our boat...(our home). so, no mortgage for us either.
 
i thought the market could police itself?

That was the idea with the banks, but it didn't work so well...
btw, if sailing is like sex to these people, they are doing it wrong.....:shock:
 
It is more about spreading the wealth so incomes are more equal. Yes. There still could be stratification of incomes but not to the ludicrous degree that that are in today's out of control "system".

What exactly is fair or right about taking one person's money to give to another just to make their incomes equal?
This country is about equal opportunity not economic justice, or whatever un-American term you want to put on it.
Equal opportunity, not equal outcomes.
The only thing out of control is some of the ludicrous ideas people have about what is yours is not really yours if you have more than I do. Then some of yours is actually mine so we can have equal stuff.
 
2 facts hardly make a theory....

There are plenty of facts that I have posted but the liberal mindset doesn't allow some to see them.

BLS link, create own chart
Employment, Hours, and Earnings from the Current Employment Statistics survey (National)

Labor Force Statistics from the Current Population Survey

BEA links GDP and Receipts/Expense
U.S. Department of Commerce. Bureau of Economic Analysis

U.S. Treasury
Current Report: Combined Statement of Receipts, Outlays, and Balances of the United States Government (Combined Statement): Publications & Guidance: Financial Management Service

The National Bureau of Economic Research

Last Four Recessions and their Durations
12/07 - 6/09 18 months
3/01 - 11/01 8 months
7/90 - 3/91 8 months
7/81 - 11/82 16 months

Reagan Recovery vs. Obama recovery
Reagan Recovery vs. Obama Recovery in Pictures | The Foundry: Conservative Policy News.

Most Americans Say They

Bush Tax cuts

The top 1% of wage earners make 20% of all income and pay 38% of all taxes.
The top 5% of wage earners make 34.7% of all income and pay 58.7% of all taxes.
 
What exactly is fair or right about taking one person's money to give to another just to make their incomes equal?
This country is about equal opportunity not economic justice, or whatever un-American term you want to put on it.
Equal opportunity, not equal outcomes.
The only thing out of control is some of the ludicrous ideas people have about what is yours is not really yours if you have more than I do. Then some of yours is actually mine so we can have equal stuff.

except nobody is saying that or advocating that, are they? i think you've been watching too much tv.
 
That was the idea with the banks, but it didn't work so well...
btw, if sailing is like sex to these people, they are doing it wrong.....:shock:

oh no, you're wrong. a long slow sail is like.......well, use your imagination.
 
We took several hits, starting with the Enron era, then the dotcom era, but luckily missed the current one....
My wife is a retired teacher, and many of her teacher friends had/have educated professionals as spouses. Those who were involved with finance didn't seem to be any better prepared than the rest of us. When the fertilizer hit the ventilator, they got splattered.
I may have been poorly educated/employed compared to them, but I am also paranoid about money. Turns out that a bit of paranoia is healthy when it comes to finances...
 
We took several hits, starting with the Enron era, then the dotcom era, but luckily missed the current one....
My wife is a retired teacher, and many of her teacher friends had/have educated professionals as spouses. Those who were involved with finance didn't seem to be any better prepared than the rest of us. When the fertilizer hit the ventilator, they got splattered.
I may have been poorly educated/employed compared to them, but I am also paranoid about money. Turns out that a bit of paranoia is healthy when it comes to finances...

Sounds like you come from northeast Houston. LOL!
 
What exactly is fair or right about taking one person's money to give to another just to make their incomes equal?
This country is about equal opportunity not economic justice, or whatever un-American term you want to put on it.
Equal opportunity, not equal outcomes.
The only thing out of control is some of the ludicrous ideas people have about what is yours is not really yours if you have more than I do. Then some of yours is actually mine so we can have equal stuff.

agree, equal outcomes are impossible.....but, You don't want economic justice? Equal opportunity is the foundation of economic justice....
 
agree, equal outcomes are impossible.....but, You don't want economic justice? Equal opportunity is the foundation of economic justice....

Cast your pearls elsewhere brother.
 
We took several hits, starting with the Enron era, then the dotcom era, but luckily missed the current one....
My wife is a retired teacher, and many of her teacher friends had/have educated professionals as spouses. Those who were involved with finance didn't seem to be any better prepared than the rest of us. When the fertilizer hit the ventilator, they got splattered.
I may have been poorly educated/employed compared to them, but I am also paranoid about money. Turns out that a bit of paranoia is healthy when it comes to finances...

we don't have a lot saved. my husband has a pension, which we will live on while we sail, and then we can tap into my 401 and ira when we are too old to sail. i'm 51, i could keep working, but what the hell? we don't want to live our lives thinking about what we will do later, i'd rather do now and worry about later, later. we've seen too many people work their asses off, retire, and die.
 
I agree totally. Now let's get back on the subject I was talking about. Those who are "smart" and don't work hard, while they let their employees do the hard work, should have income taken from them (notice I didn't refer to it as "their"), because they have simply manipulated money and people to enrich themselves, at the expense of everyone else in the society, who, unlike these lazy smart aleks, have been working hard, including the employees of these rich business owners.
This also improves the work ethic, by getting money (reward) into the pockets of those who actually worked for it (while their big boss was out on his fishing boat or the golf course). Get it ?

College professors are smart, they don't do physical labor, yet they get paid very well. They don't even create jobs, so I think they should have to share their pay with the janitor so both paychecks are equal. The janitor works his butt off moping floors, and cleaning toilets.
 
Too much faith is put into the Federal Govt and not enough at the state level. There was a reason our forefathers supported a small central govt. as they wanted the power closest to the people. That is contrary to the liberal ideology today. Liberals prefer passing the responsibility to the Federal Govt because they cannot get things done at the state and local levels. That is delegating responsibility and that is something no one can ever do.

Too much faith is put into the Federal Govt and not enough at the state level, and then too much faith is put into state level and not enough at the personal level. No one is disputing any of that....
But, we still need a level playing field, and if state AND federal law enforcement won't adequately prosecute the criminals in the market, we will never have a level playing field....
Breach of fiduciary trust laws need to be expanded. If you rip off your clients, you go to jail, period.
Did you catch the evening news yesterday? Seems an elderly widow had almost a million dollars taken from her by COURT APPOINTED guardians.....lawyers, of course. They invented reasons to charge her fees, exorbitant fees, and when relatives tried to stop the theft, they just charged the widow more fees to fight the relatives.
Forget the feds, or the state, that lawfirm should be visited by a thousand seniors armed with baseball bats...
 
Sounds like you come from northeast Houston. LOL!

The one sibling, other than me, that has money lives in Kingwood....MANY of her neighbors were Enron employees, with too much of their retirement invested in Enron savings plans. They lost it all.
 
we don't have a lot saved. my husband has a pension, which we will live on while we sail, and then we can tap into my 401 and ira when we are too old to sail. i'm 51, i could keep working, but what the hell? we don't want to live our lives thinking about what we will do later, i'd rather do now and worry about later, later. we've seen too many people work their asses off, retire, and die.

We retired early, me at 57, her at 59 or 60, I forget, anyway, we were able to because we had multiple eggs and mulitple baskets and no debt.
Had a friend die a few years back, kept telling his wife that they would travel when he retired. He got cancer at 60, took 4 years to die. So much for enjoying retirement...
 
Many liberals are arrogant, that is true, but many conservatives are ignorant....given a choice, I will go with arrogant.
In fact, my granddaughter's brain surgeon is arrogant, according to his own staff. But he has cause to be, he is very good at what he does....

What's Obama's excuse for being arrogant?:lamo
 
You are leaving out the ones who don't have jobs, thanks to greedy "entrepeneurs" who jimmied the real estate business...

.

"entrepeneurs" like Barney Frank and the real estate business, of government run Fannie Mae and Freddy Mac?

I can't wait until the GOP has hearings on them.
 
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