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Old 09-25-2012, 07:29 PM
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Originally Posted by Gunter
That's part of the austerity.
No, it is a socialists redefinition of "austerity". Calling tax hikes an austerity plan is like calling cutting off a leg a weight loss plan. The oppressive taxes just make you poorer and without a leg you'll just get fatter.
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Old 09-26-2012, 04:11 AM
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Default That is what happens when you spend too much.

Originally Posted by Gunter
That's part of the austerity.
Ask yourself, why does Spain need an austerity program? How come they have to do what the Germans tell them? Can you think of any countries that do today what Spain did from 2004 to 2011? Are they still doing it today?


Spain Ejects Clean-Power Industry With Europe Precedent: Energy - Bloomberg

As an aside, you do realize we spent $20,000 in bureaucracy fees for each clunker in the Cash for Clunkers program. Only about $3700 went to the person trading in the clunker. And some people still think that program was a sucess.

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Old 09-26-2012, 04:28 AM
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Originally Posted by Spur
No, it is a socialists redefinition of "austerity". Calling tax hikes an austerity plan is like calling cutting off a leg a weight loss plan. The oppressive taxes just make you poorer and without a leg you'll just get fatter.
I was born in 1947 so I grew up in the 50s and 60s. I recall that was a good time in America. Take a look at the history of tax rates in America.

History of American Income Tax Rates

Pension funds are killing US industry! Good sound bite. Read about the sad truth.
Retirement Heist: How Firms Plunder Workers' Nest Eggs - Forbes

Is it possible there is a connection between the reduced tax rates and this?

CEO Pay Grew 127 Times Faster Than Worker Pay Over Last 30 Years: Study

I recall reading that Robert Six, former CEO of Continental Airlines joked that some of his VPs earned almost as much as his Captains. Sort of an old story, most of you never heard about it.
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Old 09-26-2012, 04:52 AM
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FH, You and your facts and figures. We know what we know.
I used the cash for clunkers program and it did affect my choices and my purchase timeline. Looking up a little background found the 24k claim from LAG and found it coming from an analysis of estimated increased car sales in relation to the cost of the program. If the car were to be sold anyway the money was deemed wasted. Could not find the "buraeaucratic costs" analysis
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Old 09-26-2012, 04:57 AM
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Originally Posted by FoxHunter
I was born in 1947 so I grew up in the 50s and 60s. I recall that was a good time in America. Take a look at the history of tax rates in America.

History of American Income Tax Rates

Pension funds are killing US industry! Good sound bite. Read about the sad truth.
Retirement Heist: How Firms Plunder Workers' Nest Eggs - Forbes

Is it possible there is a connection between the reduced tax rates and this?

CEO Pay Grew 127 Times Faster Than Worker Pay Over Last 30 Years: Study

I recall reading that Robert Six, former CEO of Continental Airlines joked that some of his VPs earned almost as much as his Captains. Sort of an old story, most of you never heard about it.
What was the spending on medicare in the 50s and 60s? How many workers per SS recipient were there whilst you were watching Dobie? Nice job showing us the tax rate on the 1%, what was it on the mean and the bottom 10%?

It aint how much you earn that determines if you are broke it is how much you spend. Same goes for governments.

Use of whilst was intended to reflect the language as spoken when foxhunter was a pup and Victoria was still Queen.
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Old 09-26-2012, 05:04 AM
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Anybody that's been here for five years or more, and can't make it on 60 hours a month BLG, is whistling past the graveyard....
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Old 09-26-2012, 05:15 AM
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Originally Posted by Lucky7
FH, You and your facts and figures. We know what we know.
I used the cash for clunkers program and it did affect my choices and my purchase timeline. Looking up a little background found the 24k claim from LAG and found it coming from an analysis of estimated increased car sales in relation to the cost of the program. If the car were to be sold anyway the money was deemed wasted. Could not find the "buraeaucratic costs" analysis
Take 3 Billion and divide by the number of clunkers sold after you subtract the number that would have been sold anyways.
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Old 09-26-2012, 06:03 AM
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Originally Posted by FDXLAG
What was the spending on medicare in the 50s and 60s? How many workers per SS recipient were there whilst you were watching Dobie? Nice job showing us the tax rate on the 1%, what was it on the mean and the bottom 10%?

It aint how much you earn that determines if you are broke it is how much you spend. Same goes for governments.

Use of whilst was intended to reflect the language as spoken when foxhunter was a pup and Victoria was still Queen.
You have to understand that the present tax laws and rules are written to benefit those earning $100,000 to $500,000. That is $100,000 to $500,000 a week. When Ina Drew took the blame for the 2 Billion Dollar loss at J.P. Morgan early this year it was reported she earned $300,000 a WEEK. Her boss, Jamie Dimon, earns earns between $460,000 and $790,000 a week depending on which report is correct. Compare pilot pay at FDX to senior management pay.

Read the book Retirement Heist I mentioned in my previous post. You may see your future.
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Old 09-26-2012, 06:16 AM
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Originally Posted by FoxHunter
You have to understand that the present tax laws and rules are written to benefit those earning $100,000 to $500,000. That is $100,000 to $500,000 a week. When Ina Drew took the blame for the 2 Billion Dollar loss at J.P. Morgan early this year it was reported she earned $300,000 a WEEK. Her boss, Jamie Dimon, earns earns between $460,000 and $790,000 a week depending on which report is correct. Compare pilot pay at FDX to senior management pay.

Read the book Retirement Heist I mentioned in my previous post. You may see your future.
Yeah I understand the guys at Goldman Sachs are out to get me, not the guys in the Obama administration. Oh wait they are the same guys.

You want me to explain why we have super banks? It aint because of too little regulation. You want me to explain how the death tax took companies like Ford from family run to corporate pirates in 2 generations. Progressives.

Here is the point FH it aint your money.
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Old 09-26-2012, 06:29 AM
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Originally Posted by FDXLAG
Yeah I understand the guys at Goldman Sachs are out to get me, not the guys in the Obama administration. Oh wait they are the same guys.

You want me to explain why we have super banks? It aint because of too little regulation. You want me to explain how the death tax took companies like Ford from family run to corporate pirates in 2 generations. Progressives.

Here is the point FH it aint your money.
The point is it will be yours. Enjoy the ride.
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