dreamdancer 0 #176 July 29, 2011 only hours to go... QuoteA chorus of global banks has warned that Washington risks triggering a global slump and may suffer permanent loss of credibility by flirting with default on America's $14.3 trillion (£8.8 trillion) federal debt. The dangers are almost as great if the US fails to lift the debt ceiling and avoids default by enacting the most drastic fiscal squeeze in modern history. "Default would be an act of collective insanity," said Willem Buiter, Cititgroup's chief economist. "Even if a default were cured promptly, it would severely dent the credibility of the US as a global financial player and the provider of the world's leading reserve currency. There would be an immediate repricing of the dollar and an increase in medium and long-term nominal and real interest rates. Asset, credit, and funding markets in the US and the world as a whole would likely suffer and a global recession would likely result, centred in the US, but not restricted to it." Mr Buiter said brinkmanship on the US debt ceiling had reached a point where tail risk had "morphed" into a serious possibility, with a 5pc likelihood that Washington will pull the trigger on a technical default. Stephen Roach, head of Morgan Stanley in Asia, said Chinese officials are disgusted by the "astonishing recklessness" of Washington as default looms. http://www.telegraph.co.uk/finance/financialcrisis/8669352/Global-slump-warnings-if-US-triggers-insane-default.htmlstay away from moving propellers - they bite blue skies from thai sky adventures good solid response-provoking keyboarding Quote Share this post Link to post Share on other sites
dreamdancer 0 #177 August 3, 2011 the battleground of the next election... QuoteIn the aftermath of a last-minute deal to raise the US debt ceiling, Barack Obama has hinted that tax rises may be back on the agenda. The immediate crisis of the US potentially defaulting on its debt was averted with a last minute deal, but politicians on both sides of the debate are still unhappy. Much of the attention has been focused on the intransigent Tea Party faction of the Republican Party, but it would be wrong to under-estimate the anger among Democrats. Many feel that Obama capitulated far too much ground, agreeing to huge scale cuts in public spending. While Republicans have insisted that the deal does not include tax rises, Obama said in a short statement that the national debt could only be reduced through a combination of spending cuts and tax rises, particularly for big corporations and the very wealthy. http://www.newstatesman.com/blogs/star-spangled-staggers/2011/08/tax-rises-cuts-obama-dealstay away from moving propellers - they bite blue skies from thai sky adventures good solid response-provoking keyboarding Quote Share this post Link to post Share on other sites
rushmc 18 #178 August 3, 2011 Quote the battleground of the next election... Quote In the aftermath of a last-minute deal to raise the US debt ceiling, Barack Obama has hinted that tax rises may be back on the agenda. The immediate crisis of the US potentially defaulting on its debt was averted with a last minute deal, but politicians on both sides of the debate are still unhappy. Much of the attention has been focused on the intransigent Tea Party faction of the Republican Party, but it would be wrong to under-estimate the anger among Democrats. Many feel that Obama capitulated far too much ground, agreeing to huge scale cuts in public spending. While Republicans have insisted that the deal does not include tax rises, Obama said in a short statement that the national debt could only be reduced through a combination of spending cuts and tax rises, particularly for big corporations and the very wealthy. http://www.newstatesman.com/blogs/star-spangled-staggers/2011/08/tax-rises-cuts-obama-deal yes we already know he is delusional"America will never be destroyed from the outside, if we falter and lose our freedoms, it will be because we destroyed ourselves." Abraham Lincoln Quote Share this post Link to post Share on other sites
Amazon 7 #179 August 3, 2011 Quote Quote the battleground of the next election... Quote In the aftermath of a last-minute deal to raise the US debt ceiling, Barack Obama has hinted that tax rises may be back on the agenda. The immediate crisis of the US potentially defaulting on its debt was averted with a last minute deal, but politicians on both sides of the debate are still unhappy. Much of the attention has been focused on the intransigent Tea Party faction of the Republican Party, but it would be wrong to under-estimate the anger among Democrats. Many feel that Obama capitulated far too much ground, agreeing to huge scale cuts in public spending. While Republicans have insisted that the deal does not include tax rises, Obama said in a short statement that the national debt could only be reduced through a combination of spending cuts and tax rises, particularly for big corporations and the very wealthy. http://www.newstatesman.com/blogs/star-spangled-staggers/2011/08/tax-rises-cuts-obama-deal yes we already know he is delusional Why is it... that you see everyone ELSE as delusional BWAHAHAHAHAHAHAHAHAHAHAHAHAHAHA Quote Share this post Link to post Share on other sites
rushmc 18 #180 August 3, 2011 Quote Quote Quote the battleground of the next election... Quote In the aftermath of a last-minute deal to raise the US debt ceiling, Barack Obama has hinted that tax rises may be back on the agenda. The immediate crisis of the US potentially defaulting on its debt was averted with a last minute deal, but politicians on both sides of the debate are still unhappy. Much of the attention has been focused on the intransigent Tea Party faction of the Republican Party, but it would be wrong to under-estimate the anger among Democrats. Many feel that Obama capitulated far too much ground, agreeing to huge scale cuts in public spending. While Republicans have insisted that the deal does not include tax rises, Obama said in a short statement that the national debt could only be reduced through a combination of spending cuts and tax rises, particularly for big corporations and the very wealthy. http://www.newstatesman.com/blogs/star-spangled-staggers/2011/08/tax-rises-cuts-obama-deal yes we already know he is delusional Why is it... that you see everyone ELSE as delusional BWAHAHAHAHAHAHAHAHAHAHAHAHAHAHA Your avatar show a person hold a roach correct?"America will never be destroyed from the outside, if we falter and lose our freedoms, it will be because we destroyed ourselves." Abraham Lincoln Quote Share this post Link to post Share on other sites
Amazon 7 #181 August 3, 2011 Quote Quote Quote Quote the battleground of the next election... Quote In the aftermath of a last-minute deal to raise the US debt ceiling, Barack Obama has hinted that tax rises may be back on the agenda. The immediate crisis of the US potentially defaulting on its debt was averted with a last minute deal, but politicians on both sides of the debate are still unhappy. Much of the attention has been focused on the intransigent Tea Party faction of the Republican Party, but it would be wrong to under-estimate the anger among Democrats. Many feel that Obama capitulated far too much ground, agreeing to huge scale cuts in public spending. While Republicans have insisted that the deal does not include tax rises, Obama said in a short statement that the national debt could only be reduced through a combination of spending cuts and tax rises, particularly for big corporations and the very wealthy. http://www.newstatesman.com/blogs/star-spangled-staggers/2011/08/tax-rises-cuts-obama-deal yes we already know he is delusional Why is it... that you see everyone ELSE as delusional BWAHAHAHAHAHAHAHAHAHAHAHAHAHAHA Your avatar show a person hold a roach correct? Why is it... that you see everyone ELSE as a doper??? BWAHAHAHAHAHAHAHAHAHAHAHAHAHAHA Quote Share this post Link to post Share on other sites
rushmc 18 #182 August 3, 2011 Quote Quote Quote Quote Quote the battleground of the next election... Quote In the aftermath of a last-minute deal to raise the US debt ceiling, Barack Obama has hinted that tax rises may be back on the agenda. The immediate crisis of the US potentially defaulting on its debt was averted with a last minute deal, but politicians on both sides of the debate are still unhappy. Much of the attention has been focused on the intransigent Tea Party faction of the Republican Party, but it would be wrong to under-estimate the anger among Democrats. Many feel that Obama capitulated far too much ground, agreeing to huge scale cuts in public spending. While Republicans have insisted that the deal does not include tax rises, Obama said in a short statement that the national debt could only be reduced through a combination of spending cuts and tax rises, particularly for big corporations and the very wealthy. http://www.newstatesman.com/blogs/star-spangled-staggers/2011/08/tax-rises-cuts-obama-deal yes we already know he is delusional Why is it... that you see everyone ELSE as delusional BWAHAHAHAHAHAHAHAHAHAHAHAHAHAHA Your avatar show a person hold a roach correct? Why is it... that you see everyone ELSE as a doper??? BWAHAHAHAHAHAHAHAHAHAHAHAHAHAHA Hmm Not everyone Just those who act like one"America will never be destroyed from the outside, if we falter and lose our freedoms, it will be because we destroyed ourselves." Abraham Lincoln Quote Share this post Link to post Share on other sites
Amazon 7 #183 August 3, 2011 Quote Quote Quote Quote Quote Quote the battleground of the next election... Quote In the aftermath of a last-minute deal to raise the US debt ceiling, Barack Obama has hinted that tax rises may be back on the agenda. The immediate crisis of the US potentially defaulting on its debt was averted with a last minute deal, but politicians on both sides of the debate are still unhappy. Much of the attention has been focused on the intransigent Tea Party faction of the Republican Party, but it would be wrong to under-estimate the anger among Democrats. Many feel that Obama capitulated far too much ground, agreeing to huge scale cuts in public spending. While Republicans have insisted that the deal does not include tax rises, Obama said in a short statement that the national debt could only be reduced through a combination of spending cuts and tax rises, particularly for big corporations and the very wealthy. http://www.newstatesman.com/blogs/star-spangled-staggers/2011/08/tax-rises-cuts-obama-deal yes we already know he is delusional Why is it... that you see everyone ELSE as delusional BWAHAHAHAHAHAHAHAHAHAHAHAHAHAHA Your avatar show a person hold a roach correct? Why is it... that you see everyone ELSE as a doper??? BWAHAHAHAHAHAHAHAHAHAHAHAHAHAHA Hmm Not everyone Just those who act like one It's been my experience that dopers think everyone else is too... just like those who are delusional Quote Share this post Link to post Share on other sites
rushmc 18 #184 August 3, 2011 Quote Quote Quote Quote Quote Quote Quote the battleground of the next election... Quote In the aftermath of a last-minute deal to raise the US debt ceiling, Barack Obama has hinted that tax rises may be back on the agenda. The immediate crisis of the US potentially defaulting on its debt was averted with a last minute deal, but politicians on both sides of the debate are still unhappy. Much of the attention has been focused on the intransigent Tea Party faction of the Republican Party, but it would be wrong to under-estimate the anger among Democrats. Many feel that Obama capitulated far too much ground, agreeing to huge scale cuts in public spending. While Republicans have insisted that the deal does not include tax rises, Obama said in a short statement that the national debt could only be reduced through a combination of spending cuts and tax rises, particularly for big corporations and the very wealthy. http://www.newstatesman.com/blogs/star-spangled-staggers/2011/08/tax-rises-cuts-obama-deal yes we already know he is delusional Why is it... that you see everyone ELSE as delusional BWAHAHAHAHAHAHAHAHAHAHAHAHAHAHA Your avatar show a person hold a roach correct? Why is it... that you see everyone ELSE as a doper??? BWAHAHAHAHAHAHAHAHAHAHAHAHAHAHA Hmm Not everyone Just those who act like one It's been my experience that dopers think everyone else is too... just like those who are delusional Ya, it could be Obama"America will never be destroyed from the outside, if we falter and lose our freedoms, it will be because we destroyed ourselves." Abraham Lincoln Quote Share this post Link to post Share on other sites
dreamdancer 0 #185 September 20, 2011 still sounds good... QuoteSo the really big fight -- perhaps the defining battle of 2012 -- won't be over Medicare. It won't even be over Obama's jobs program. It will be over whether the rich should pay more taxes. The president has vowed to veto any plan to tame the debt that doesn't increase taxes on the rich. The Republicans have vowed to oppose any tax increases on the rich. It's a good fight to have. In a Rose Garden ceremony Monday morning, Obama proposed new taxes on the wealthy -- including a special new tax for millionaires, the closing of loopholes and deductions for people making more than $250,000 a year, and an end to the portion of the Bush tax cut going to higher incomes. Republicans accuse the president of instigating "class warfare." But it's not warfare to demand the rich pay their fair share of taxes to bring down America's long-term debt. After all, the richest 1 percent of Americans now takes home more than 20 percent of total income. That's the highest share going to the top 1 percent in almost 90 years. And they now pay at the lowest tax rates in half a century -- half the rate they paid on ordinary income prior to 1981. http://www.alternet.org/economy/152472/make_the_rich_pay_more_taxes%21_how_obama%27s_pledge_to_fight_for_a_fairer_tax_policy_sets_off_the_real_battle_of_2012/stay away from moving propellers - they bite blue skies from thai sky adventures good solid response-provoking keyboarding Quote Share this post Link to post Share on other sites
dreamdancer 0 #186 September 20, 2011 they've also got the money don't forget so 'tis only fair... stay away from moving propellers - they bite blue skies from thai sky adventures good solid response-provoking keyboarding Quote Share this post Link to post Share on other sites
rushmc 18 #187 September 20, 2011 Opps! QuoteIRS Data Show Most Millionaires Pay Taxes at Higher Rate Than Middle Class http://comsen.newsvine.com/_news/2011/09/20/7857952-irs-data-show-most-millionaires-pay-taxes-at-higher-rate-than-middle-class So much for your class envy and the big green monster on your shoulder What does mama say about this?"America will never be destroyed from the outside, if we falter and lose our freedoms, it will be because we destroyed ourselves." Abraham Lincoln Quote Share this post Link to post Share on other sites
dreamdancer 0 #188 September 20, 2011 QuoteOpps! QuoteIRS Data Show Most Millionaires Pay Taxes at Higher Rate Than Middle Class http://comsen.newsvine.com/_news/2011/09/20/7857952-irs-data-show-most-millionaires-pay-taxes-at-higher-rate-than-middle-class So much for your class envy and the big green monster on your shoulder What does mama say about this? she says pull your pants up and stop making a fool of yourself...stay away from moving propellers - they bite blue skies from thai sky adventures good solid response-provoking keyboarding Quote Share this post Link to post Share on other sites
quade 3 #189 September 20, 2011 QuoteOpps! QuoteIRS Data Show Most Millionaires Pay Taxes at Higher Rate Than Middle Class http://comsen.newsvine.com/_news/2011/09/20/7857952-irs-data-show-most-millionaires-pay-taxes-at-higher-rate-than-middle-class It would be nice if comsen.newsvine.com linked to the actual report rather than to a article on FoxNews because the FoxNews article also doesn't link to the actual report, so between the two of them, there's no real way to check what they're talking about. Which means, I pretty much have to call bullshit on it, unless you can cough up the actual report.quade - The World's Most Boring Skydiver Quote Share this post Link to post Share on other sites
rushmc 18 #190 September 20, 2011 QuoteQuoteOpps! QuoteIRS Data Show Most Millionaires Pay Taxes at Higher Rate Than Middle Class http://comsen.newsvine.com/_news/2011/09/20/7857952-irs-data-show-most-millionaires-pay-taxes-at-higher-rate-than-middle-class It would be nice if comsen.newsvine.com linked to the actual report rather than to a article on FoxNews because the FoxNews article also doesn't link to the actual report, so between the two of them, there's no real way to check what they're talking about. Which means, I pretty much have to call bullshit on it, unless you can cough up the actual report. Google is your friend But I suppose that might show you something you dont really care to know"America will never be destroyed from the outside, if we falter and lose our freedoms, it will be because we destroyed ourselves." Abraham Lincoln Quote Share this post Link to post Share on other sites
quade 3 #191 September 20, 2011 I already went directly to the Tax Policy Center. I dare you to do the same and find the article they are supposedly referring to.quade - The World's Most Boring Skydiver Quote Share this post Link to post Share on other sites
rushmc 18 #192 September 20, 2011 QuoteThe Senate Democratic leadership confirms these numbers. From the FOX News website this morning: According to Senate Democratic Leader Harry Reid’s office, 22,000 people who make over $1 million a year pay taxes at a rate of less than 15 percent. According to the IRS, nearly 1,500 households reporting more than $1 million in income paid no federal income taxes in 2009. That’s out of about 236,000 returns for income above $1 million, most of which belong to households paying taxes at a higher rate. And, as would be expected, they contribute a disproportionate share of tax toward federal coffers. IRS statistics for tax year 2009 show the millionaires — who make up a fraction of a percent of all taxpayers — contributed more than 20 percent of total federal income tax revenue. That’s about $180 billion in taxes from millionaires, according to number-crunching from the National Taxpayers Union. http://survivalandprosperity.com/2011/09/20/msm-questions-obama%E2%80%99s-math-for-raising-taxes-on-rich-americans/"America will never be destroyed from the outside, if we falter and lose our freedoms, it will be because we destroyed ourselves." Abraham Lincoln Quote Share this post Link to post Share on other sites
rushmc 18 #193 September 20, 2011 Quote Quote Opps! Quote IRS Data Show Most Millionaires Pay Taxes at Higher Rate Than Middle Class http://comsen.newsvine.com/_news/2011/09/20/7857952-irs-data-show-most-millionaires-pay-taxes-at-higher-rate-than-middle-class So much for your class envy and the big green monster on your shoulder What does mama say about this? she says pull your pants up and stop making a fool of yourself... Projecting agian? "America will never be destroyed from the outside, if we falter and lose our freedoms, it will be because we destroyed ourselves." Abraham Lincoln Quote Share this post Link to post Share on other sites
quade 3 #194 September 20, 2011 Again, no actual link. HERE IS a link from the Tax Policy Center dated September 14, 2011. http://www.taxpolicycenter.org/publications/url.cfm?ID=901447 Here's the relevant quote; QuoteBottom line: allowing the top tax rates to return to their pre-2001 levels after the economy has recovered would not be economically disastrous and might help build support for tax reform that would broaden the base and lower rates while maintaining the progressivity of the tax system (and hopefully contribute to reducing the debt). Now, let me ask you, does that sound anything like what the FoxNews article says?quade - The World's Most Boring Skydiver Quote Share this post Link to post Share on other sites
rushmc 18 #195 September 20, 2011 Quote...after the economy has recovered ... Lets get here first Then it would be a good time to talk about it"America will never be destroyed from the outside, if we falter and lose our freedoms, it will be because we destroyed ourselves." Abraham Lincoln Quote Share this post Link to post Share on other sites
rushmc 18 #196 September 20, 2011 QuoteIRS statistics for tax year 2009 show the millionaires — who make up a fraction of a percent of all taxpayers — contributed more than 20 percent of total federal income tax revenue. That’s about $180 billion in taxes from millionaires, according to number-crunching from the National Taxpayers Union. THIS is the relavant fact in any event"America will never be destroyed from the outside, if we falter and lose our freedoms, it will be because we destroyed ourselves." Abraham Lincoln Quote Share this post Link to post Share on other sites
dreamdancer 0 #197 September 20, 2011 Quote Quote Quote Opps! Quote IRS Data Show Most Millionaires Pay Taxes at Higher Rate Than Middle Class http://comsen.newsvine.com/_news/2011/09/20/7857952-irs-data-show-most-millionaires-pay-taxes-at-higher-rate-than-middle-class So much for your class envy and the big green monster on your shoulder What does mama say about this? she says pull your pants up and stop making a fool of yourself... Projecting agian? she also says you're a dick...stay away from moving propellers - they bite blue skies from thai sky adventures good solid response-provoking keyboarding Quote Share this post Link to post Share on other sites
quade 3 #198 September 20, 2011 Let's say we go out to lunch, you and me. You're on a diet so you order a $2 salad. Me, I'm a fuckin' pig and I order a $20 steak. When the bill comes, how much should each of us tip the waitress?quade - The World's Most Boring Skydiver Quote Share this post Link to post Share on other sites
rushmc 18 #199 September 20, 2011 Quote Quote Quote Quote Opps! Quote IRS Data Show Most Millionaires Pay Taxes at Higher Rate Than Middle Class http://comsen.newsvine.com/_news/2011/09/20/7857952-irs-data-show-most-millionaires-pay-taxes-at-higher-rate-than-middle-class So much for your class envy and the big green monster on your shoulder What does mama say about this? she says pull your pants up and stop making a fool of yourself... Projecting agian? she also says you're a dick... Uh as opposed to being a pussy?"America will never be destroyed from the outside, if we falter and lose our freedoms, it will be because we destroyed ourselves." Abraham Lincoln Quote Share this post Link to post Share on other sites
dreamdancer 0 #200 September 20, 2011 your last warning!stay away from moving propellers - they bite blue skies from thai sky adventures good solid response-provoking keyboarding Quote Share this post Link to post Share on other sites
