More easing to cost ohhhh only another TRILLION!!!!

Quote from Scataphagos:

1. Possibly correct. China might forgive our debt to them for say, IOWA!

2. You got this ALL wrong... the rich don't even have a vote... the power rests with the tit-sucking parasites who "want something from government". The rich pay for it all, but their vote counts for naught (except the the lobby-money legislation, of course.)
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iowa would be a great deal


i think the rich decide who will run for government with financial support. they might not get the guy the wanted the most but they get someone good enough. rich pay typically 15% federal tax. you don't see rich people in jail for stealing a million bucks but a poor guy robbing a bank goes away along time. i know everybody likes to talk about the tit-sucking parasites but were are the jobs? the truth is its cheaper doing what they do and there are no jobs.
 
As long as these threads continue, the market will go higher. Y'all still can't get it through your heads that the issuer of the world's reserve currency can't go broke, first, and second, the deficit was and is a creature of the recession, well, that part that wasn't deliberately created by Bush the Dumber's policies.
Meaning, do you really think it's going to get worse as a percent of GDP from here? If you do, you've got a surprise coming.
Here's a hint: the XLK is threatening its 52 week high. Tech is having a smoking month so far.
Tech is at this point a capital-spending cycle indicator. Capital spending, it seems, is doing fine. If that's doing fine, it's because company execs can justify the investment because of business prospects.
Keep up the Chicken Little threads. Chickens don't generally do well when it comes to risk, last I checked.
 
Quote from brokerboy:

iowa would be a great deal


rich pay typically 15% federal tax.
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You been watching too much Rachel Maddow.

Rich generally pay closer to 25% from Dollar-1, Federal only. Add State, FICA, property taxes, sales taxes, etc... top-dollar tax rate approaches 60%.
It's a wonder they even bother to work.

Warren Buffet pays only 15%, as his "earnings" are actually liquidated long term capital gains. He has little or no "earned income".
 
Quote from Scataphagos:

You been watching too much Rachel Maddow.

Rich generally pay closer to 25% from Dollar-1, Federal only. Add State, FICA, property taxes, sales taxes, etc... top-dollar tax rate approaches 60%.
It's a wonder they even bother to work.
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Mitt Romney this week said he pays closer to 15%. Whoever pays 25% is not rich.
 
Quote from pupu:

Or in the words of the glorious Leona Helmsley:

We don't pay taxes. Only the little people pay taxes...
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Another example of why our tax code needs overhaul.
 
Quote from Scataphagos:

Another example of why our tax code needs overhaul.
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than you lose more jobs for cpa's and accounts. what are you going to do about them tit suckers? haha
 
Quote from Scataphagos:

The rich pay for it all, but their vote counts for naught (except the the lobby-money legislation, of course.)
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The only kind of vote that counts... :D

Vote for whomever you want. Somebody else is going to tell them what bills to write, how to write them, and how to vote on them once they get into office. :D :D :D
 
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