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  #1  
Old 09-08-2008, 09:32 PM
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Cannon Shell Cannon Shell is offline
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Quote:
Originally Posted by SCUDSBROTHER
and the majority of Americans aren't getting infrastructure or anything out of it. Isn't our tax money supposed to help the average American, or is it just to make American companies rich?
Do you ever try to understand the real world? American companies employ American workers who spend American dollars on American goods which makes for more tax revenues for the American govt to spend.
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  #2  
Old 09-08-2008, 09:35 PM
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SCUDSBROTHER SCUDSBROTHER is offline
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Quote:
Originally Posted by Cannon Shell
Do you ever try to understand the real world? American companies employ American workers who spend American dollars on American goods which makes for more tax revenues for the American govt to spend.

Borrowed money to finance the Iraq War has cut our productive investment. Since taxes have been cut and other spending has increased since the beginning of the Iraq war, the war has been funded using borrowed money. A lot of Iraq-related costs have been borrowed from foreigners. The interest payments on this debt constitute a flow of funds from Americans to those foreigners who have bought our debt. You're gunna mainly see the very rich traveling abroad. That's because our money is worth so little in other countries.
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  #3  
Old 09-08-2008, 09:45 PM
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Cannon Shell Cannon Shell is offline
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Originally Posted by SCUDSBROTHER
Borrowed money to finance the Iraq War has cut our productive investment. Since taxes have been cut and other spending has increased since the beginning of the Iraq war, the war has been funded using borrowed money. A lot of Iraq-related costs have been borrowed from foreigners. The interest payments on this debt constitute a flow of funds from Americans to those foreigners who have bought our debt. You're gunna mainly see the very rich traveling abroad. That's because our money is worth so little in other countries.
Our money is worth a lot more than it was a few weeks ago
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  #4  
Old 09-08-2008, 09:51 PM
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dalakhani dalakhani is offline
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Originally Posted by Cannon Shell
Our money is worth a lot more than it was a few weeks ago
Thats not America's doing. Our monetary policy has done nothing but weaken the dollar.

Remember, the recent resurgence of the dollar has come primarily against European currencies and thats simply because it is becoming apparent that the European Central bank is going to have to do something soon.
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  #5  
Old 09-08-2008, 09:58 PM
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Originally Posted by Cannon Shell
Our money is worth a lot more than it was a few weeks ago
71% of a Euro

57% of a Pound

I ain't planning a trip just yet, but it's a welcomed improvement.
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  #6  
Old 09-08-2008, 10:01 PM
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Originally Posted by SCUDSBROTHER
71% of a Euro

57% of a Pound

I ain't planning a trip just yet, but it's a welcomed improvement.
The British economy is about to get worse than ours. They have their own housing crisis too.
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  #7  
Old 09-08-2008, 10:03 PM
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Major short point:

The major redistribution of wealth by a government
is the precursor to failure. Dont work.
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  #8  
Old 09-08-2008, 10:35 PM
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Originally Posted by pgardn
Major short point:

The major redistribution of wealth by a government
is the precursor to failure. Dont work.
We've never had this major redistribution of wealth. Cuba did. These countries people call Socialist(Scandinavia and the other Euros with national healthcare) are doing fine. They aren't failing. That's because they did not have any major redistribution of wealth. Oprah making 2.5 billion( instead of 3 billion) is not a major redistribution of wealth. Your claim is probably true, but you're too quick to call something a major redistribution of wealth.
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  #9  
Old 09-08-2008, 09:47 PM
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Quote:
Originally Posted by Cannon Shell
Do you ever try to understand the real world? American companies employ American workers who spend American dollars on American goods which makes for more tax revenues for the American govt to spend.
Cannon Shell is a proponent of the failed supply side experiment? A couple of problems though with your real world scenario. Let me fix it for you:

American Companies are employing more and more foreign workers leaving many American workers broke so they spend on credit for foreign goods that are more expensive because of the weakened dollars caused by our lack of tax revenues by our American Government that spends too much.

There, i would say that is more real world.
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Old 09-08-2008, 10:00 PM
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Cannon Shell Cannon Shell is offline
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Quote:
Originally Posted by dalakhani
Cannon Shell is a proponent of the failed supply side experiment? A couple of problems though with your real world scenario. Let me fix it for you:

American Companies are employing more and more foreign workers leaving many American workers broke so they spend on credit for foreign goods that are more expensive because of the weakened dollars caused by our lack of tax revenues by our American Government that spends too much.

There, i would say that is more real world.
Yeah the poor American worker. Like the ones that are driving American automakers out of business because of unskilled labor making $100 an hour and retiring at 50? American companies are to blame for the plight of the poor american worker forced to use their credit cards to buy flat screen tv's. The ones who drive $50000 leased cars and were victims of the awful mortgage men who tricked them into believing they too could live in a $400k house on $38000 a year. What exactly is the % of American companies that have foreign operations?

Your solution is to elect Obama to tax the heck out of the rich to keep up with that out of control govt spending?

Real world is living within your means and stop blaming the someone else for all your problems when those means are exceeded.
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  #11  
Old 09-08-2008, 11:01 PM
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dalakhani dalakhani is offline
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Quote:
Originally Posted by Cannon Shell
Yeah the poor American worker. Like the ones that are driving American automakers out of business because of unskilled labor making $100 an hour and retiring at 50? American companies are to blame for the plight of the poor american worker forced to use their credit cards to buy flat screen tv's. The ones who drive $50000 leased cars and were victims of the awful mortgage men who tricked them into believing they too could live in a $400k house on $38000 a year. What exactly is the % of American companies that have foreign operations?

Your solution is to elect Obama to tax the heck out of the rich to keep up with that out of control govt spending?

Real world is living within your means and stop blaming the someone else for all your problems when those means are exceeded.
Why do you stick to this worn out elitist myth that supply side economics actually works? Check out the relationship between production and wages from 1980 until today and you tell me that it has been fair to the working class. Inflation adjusted wages have barely moved in the last 30 years while the price of everything has gone up significantly. During the same period of time, check out the rate in which CEO wages have risen. Bottom line? American production has increased but nothing has "trickled down".

So you bring up the cliche of the overextended middle class begging for handouts and living beyond their means while not addressing how it got to be this way and why the trend has been exasperated over the last thirty years. Bring out FACTS not cliches.

If you want to bring up Obama, the FACT is that tax wise, 95% of the population will benefit from his plan.
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  #12  
Old 09-09-2008, 05:53 AM
Danzig Danzig is offline
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Quote:
Originally Posted by dalakhani
Why do you stick to this worn out elitist myth that supply side economics actually works? Check out the relationship between production and wages from 1980 until today and you tell me that it has been fair to the working class. Inflation adjusted wages have barely moved in the last 30 years while the price of everything has gone up significantly. During the same period of time, check out the rate in which CEO wages have risen. Bottom line? American production has increased but nothing has "trickled down".

So you bring up the cliche of the overextended middle class begging for handouts and living beyond their means while not addressing how it got to be this way and why the trend has been exasperated over the last thirty years. Bring out FACTS not cliches.

If you want to bring up Obama, the FACT is that tax wise, 95% of the population will benefit from his plan.
i know i'm exasperated.

and obamas plan is to continue bushes tax cuts, essentially keep the whole tax scheme we've had in place, so i don't know what plan he's got you think is going to change things. of course once some of those tax cuts expire, he's probably going to jack them up to pay for all those new programs he's tossing out there like cheap candy to a baby. not sure how tax increases and new social programs that the middle class has to pay for won't exacerbate the whole less money from your pay check problem.
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  #13  
Old 09-09-2008, 01:03 PM
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Originally Posted by Danzig
i know i'm exasperated.

and obamas plan is to continue bushes tax cuts, essentially keep the whole tax scheme we've had in place, so i don't know what plan he's got you think is going to change things. of course once some of those tax cuts expire, he's probably going to jack them up to pay for all those new programs he's tossing out there like cheap candy to a baby. not sure how tax increases and new social programs that the middle class has to pay for won't exacerbate the whole less money from your pay check problem.
You dont know his plan.

Factcheck.org
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  #14  
Old 09-09-2008, 01:34 PM
Antitrust32 Antitrust32 is offline
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Quote:
Originally Posted by dalakhani
You dont know his plan.

Factcheck.org

I was just looking at factcheck... Now Obama DID vote for a measure to take taxes back to the pre-2001 level. (which would have moved the 25% bracket back to 28%).

Now he's proposing tax cuts for those levels, which is a flip flop... but I'd rather him flip flop this way...

Here are both candidates plan...

http://www.taxpolicycenter.org/numbe...cfm?DocID=1839

The BIGGEST differences in the two plans, IMO, is that McCain wants to lower corporate tax $ and Obama wants to raise corporate tax $$..

The question I have... is if we increase taxes on corporations will us as Employees have less opportunities to get raises and better pay because my company will have less $$?

Last edited by Antitrust32 : 09-09-2008 at 01:46 PM.
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  #15  
Old 09-09-2008, 06:40 PM
Danzig Danzig is offline
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Quote:
Originally Posted by dalakhani
You dont know his plan.

Factcheck.org
i know i read that during an interview just the other day that he said he was keeping bushes tax cuts. i don't need to go to factcheck, unless you're suggesting barack doesn't know what he's saying?
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  #16  
Old 09-09-2008, 07:02 AM
Danzig Danzig is offline
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Quote:
Originally Posted by Cannon Shell
Yeah the poor American worker. Like the ones that are driving American automakers out of business because of unskilled labor making $100 an hour and retiring at 50? American companies are to blame for the plight of the poor american worker forced to use their credit cards to buy flat screen tv's. The ones who drive $50000 leased cars and were victims of the awful mortgage men who tricked them into believing they too could live in a $400k house on $38000 a year. What exactly is the % of American companies that have foreign operations?

Your solution is to elect Obama to tax the heck out of the rich to keep up with that out of control govt spending?

Real world is living within your means and stop blaming the someone else for all your problems when those means are exceeded.
remember now cannon, when you say anything 'republican', it's elitist mythical republican talking points, but if you state anything 'democratic', you're an intelligent open minded person who has seen the light.
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  #17  
Old 09-09-2008, 06:38 PM
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Quote:
Originally Posted by DaHoss9698


In the last week or so I believe 2 people have been called elitist on this site and both have expressed they were voting for Obama.
really? musta missed it.
altho i'm not surprised, libs call cons every name in the book, and cons return the favor.
cracks me up that the conservative talk radio, especially rush, is so HORRIFIED that people are attacking palin. i think rush refers to liberal women as femi-Nazis. ridiculous. then they're SO offended when it's their turn.
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