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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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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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57% of a Pound I ain't planning a trip just yet, but it's a welcomed improvement. |
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The major redistribution of wealth by a government is the precursor to failure. Dont work. |
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#9
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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. |
#10
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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. |
#11
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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. |
#12
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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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Books serve to show a man that those original thoughts of his aren't very new at all. Abraham Lincoln |
#13
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Factcheck.org |
#14
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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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__________________
Books serve to show a man that those original thoughts of his aren't very new at all. Abraham Lincoln |
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Books serve to show a man that those original thoughts of his aren't very new at all. Abraham Lincoln |
#17
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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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Books serve to show a man that those original thoughts of his aren't very new at all. Abraham Lincoln |
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