Muscatine

The Bankruptcy Boys

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Hi MalSmile

 

Exactly. That's why I threw out my Wheel O' parable some posts ago. Back and forth it goes, ever faster until ZOOOOM! it flies off the rails and breaks your mom's favorite::::::::well the bottom line anyway. All anyone in doubt need do, is ask the elder Bush. He understood it albeit too late to do him any good. He detested Reagan's phony trickle down theory, calling it "VooDoo Economics." It was so frustrating for him to ante up, fight for the increases. Much to his chagrin, he couldn't convince his own party members to understand or at least consider the ramifications of a weak tax base. They act like it's some perdiem,to get fantastic tax breaks while they pocket the profits and cut our economy out of the loops their political pals set for them. "Better business  capability" my trickled to death:::well you know. As they developed the strategy to cut taxes, they began to develop legislation to cut jobs via the "Free Trade" scam. Again the enabling issues were taxes. The end of that parade was 2006 when reconciliation was outlawed/banned/ etc. and the small majority of dems put a stop to Bush' sixth free trade deals but not the no holds barred banking and trade legislation. Too late though since the jobs exodus had gone into full swing. No tax base, no jobs, no ethics, no health care, no end in sight. I did not like Obama, but always knew he nor whom ever took over last year didn't stand a chance. But after a full year the new guys have done virtually nothing to stop even more of the same foibles and devastating pranks. I think dad was right all along. The whole Palin McCain move was a throw in the towel maneuver to regroup for 2012. It's easy to step back and throw stones when someone else lives in the glass house that you actually built in the first place.

Off to bed, up early with lots to do tomorrow.

 

Lucy

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As a good socialist you should remember that you guys tax things you want to stifle and subsidize things you want to promote!  Figure it out yourself and don't put on that puzzled act.

I have a question for you.  What is  the maximum tax limit you feel a citizen of our country should bear?  Is there a limit, or do you feel the government deserves all our private funds?   Do you actually believe more taxes will promote jobs?

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Mornin HiRSmile

That's a good question for a time when higher taxes would only further exacerbate an already TREMENDOUS mess. The point wasn't that we need to raise taxes now, but that they shouldn't have been lowered radically, dangerously and unequally in the first, place during the "Perfect Storm" era of GW Bush. I for one agree that new taxes today couldn't stimulate anything, but add a little to the general fund. Hubby saw an immediate jump the week after Bush' last cut expired and we didn't like that little jump. My point was that we have not learned a thing since legislators dumped that fairer tax code then, that by the way::: some of our richest moguls proclaimed stupid and grossly unfair to most Americans:::Opened our borders to corporations as a huge tax free zone, made them astronomically richer with no return for our economy, set a blaze to the SEC, EPA, and deficit reduction. Oh and tricked, duped, scammed, and slammed us into an endless economic and soldier killer of a pointless war. "Perfect storm" then rode off into the sunset with heads held high leaving that mess for all of America and the next trail of morons to try and clean up.

Talk about socialism? Do you recall the $100,000.00 rebates to those who purchased a Hummer or similar gas gobbler while only $4,000.00 to a person who purchased an Escape or Prius? Estimated 30 billion in lost revenue thanks to "borders without taxes." $852,000,000,000.00 to:::ONLY Wall Street? Icing on the cake actually. All of these things and more have put this nation in the heart of this mess HiR, and it doesn't matter? What only matters is that some of us truly understand why and that nothing will get us out of it unless they re-establish all those rules since the 30's and undo all those rules established since 2001. It's not socialism we want sir, it's socialism we want undone. This congress and this president nor any other stood a chance to repair all that damage without some. Why is it that handouts to the richest are not socialism? No, they call that stimulous. Do you recall the "Too Big To Fail" mantra? I do and it was said long before this man took the oath. At least this brand of socialism came with some accountability. I bet bank robbers would love a system that didn't care who did it, but rather who is doing it now. "What, you robbed that bank last year"? "Well then you are free to go, we only care about those who robbed or attempted to rob banks this year."

You seem to be a wise person through your posts, so seriously:::aside of the turn over likely to occur in Nov. what would you have them do about all this?

 

8% across the board. No loopholes, no shelters, no exceptions. The tax base would skyrocket and almost every American would benefit quickly. The ones who do not want any flat rate system are those who have the most. 8 cents on the dollar, too bad so sad for them who have most of the dollars. I trust a man with untold millions or even some billions that thinks this will work.

Lucy.

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You know HiRSmile

 

I agree now that I have had a moment to do more reflecting. I/we hate taxes. 50% or more by the time it's all said and done. But the only way you or I can opt out, is to be independently wealthy and move to our deserted island and sup coconuts and the fish we caught. Otherwise what are we really arguing about. None of us little squeaks of voices are ever gonna do a darn thing about it so I give up. My best friend says she doesn't care, all she can do is the best she can, go with the flow and enjoy what she can and let go what she must. I use to argue with her about that. I use to say, how in God's name can't you care. Look at what they are doing to this wonderful nation. The greed, the crime, the worry for the richest. Fighting, poverty, sickness and:::::::::::::She said:  "I pay what they tell me to pay, I eat what I can afford, don't bother anybody and look out for me and mine. As long as I'm healthy, free and as Fox put it, have all the best care at my disposal, I just don't give a #^*%. I don't know why you waste your time trying to talk to or convince anyone that things are bad :::Obviously they are, when there's nothing you or any of them can do about it anyway. "new subject"

She's right actually. Man I got a head ache! Where's the Tylenol?

Lucy

 

 

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