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Personally I kinda like Bernankrupt. There are times when I think he just wants to tell them to screw off. I think he wants to do what’s right, but in the end the only way he could do that would be to lock the doors at the Fed.

Then why did we?

Why is now not a good time to start a business? Warren Buffett’s father started a stock brokerage business around 1931 and did very well. Commercial real estate has not had the same fate as residential, but where there used to be no place to lease in a strip mall, now there are 1 or 2. The...

Please explain your 2 posts. They seem to contradict each other. Aren't big business and the top people who work for them the ones at the top tax rates?Thanks

Thanks for that. I worked a few years ago as a courier for a medical delivery company making a lot of delivery’s between NIH and Ft. Detrick. However I was an independent contractor. It was not worth it at all. Too many miles on the car and not enough money. That was when gas was $2. I will...

Now is a great time to start a business. Build a business now and when all that money the Fed has been printing hits the market, you’ll take huge market share. Just wish I had a bunch of money to start a business.

Wow how much time did you spend digging up all that? Since you twisted a few things I said, let me just clarify a few things.

Yea I used to deliver pizza and made a lot of money doing that, but it’s no good anymore. There are too many drivers there and too few delivery’s. I used to be able to make $80-100 in tips a night, plus minimum wage. When I left I was making about $20 a night and below minimum wage. Plus gas...

Thanks for that. I generally paid good prices for the machines I got. They just didn’t make any money. There were some that I bought from a company and paid too much for, but the problem wasn’t paying too much for them. You’d spend a long time finding a location or hire a locating service...

You said: To which I responded: Why else would I try trading and start a business? How else would you like me to plan for my future? Sit around and hope someone is going to give me a job? If you want me to do that, I would say that makes you an idiot. Starting a business is taking things...

Oh my gosh what a typical stupid Republican response. You’d much rather have the big rich multinational corporations and the Fed control everything than God forbid the government step in and set some rules. Credit cards jacking the interest rates to 25% on people with perfect payment history...

Both try to help out the little guy. One the right way, one the wrong way. I say it’s better to recognize the problem and have the wrong solution than to be completely ignorant and blind to it in the first place.

I would venture to say that 90% of people under 30 voted for Ron Paul or Obama. I am 25. I’ll admit I used to be a typical Republican, but not anymore. I don’t agree with everything he says, but I think he sort of recognizes how young people are getting shafted nowadays. When I have...

Well there isn’t one product in the economy. It’s simple mathematical logic. If there is more of something, it’s value drops. So if there is more money in the system, it’s value drops. When new money is created for the guy making 30k, the value of existing dollars drops. When the dollar...

Hasn’t the last several years demonstrated that the rich getting richer isn’t a rising tide? Bush gave them the biggest tax cut in history and what did it do? We replaced GM with Wal-Mart and doubled our national debt. Where’s the growth? Outsourcing and insourcing are at all time highs...

Well thumbing through the article it seems that there is no conclusive evidence that lower taxes actually increases revenues without the money supply being increased. From what I see, the Cato institute seems to think we should run the economy based on all these free market ideas coming out of a...

Um Sorry but you cut me off. I said how can revenues go up if taxes go down without the money supply being increased? You just gave an example of taxes going up because of the money supply going up (inflation). That is correct, that can happen, but you didn’t create a new job and thus more tax...

I’m sorry but what is our unemployment rate, 9%? Why is Congress wasting their time doing this? What does it accomplish? I work as a caddy at a golf course. Let’s just say that a rather important member of Congress was playing today. Nice to see how they’re spending their time.

Well the most obvious one is inflation. It is a defacto tax on the poor that benefits the rich. Banks lend money out of thin air, which increases let’s say house prices. So then people can’t afford to buy houses. So they have to get an even bigger mortgage, which of course the banks make...

Typical ET response. Someone asks a simple question and everybody writes it off and comes up with some crappy response that tries to delegitimize the question based on who’s asking it. It’s a simple question. If taxes go down, how can revenues go up if the money supply stays the same...