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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: Tenchusatsu who wrote (500545)	8/3/2009 12:37:51 AM
From: i-node	Read Replies (2) \| Respond to of 1583970

>> RW, all these feel-good wealth redistribution schemes will never work. They're smokescreens. They're getting ready to be pushing for 70+ weeks of unemployment compensation, when we know that people get jobs within a month of their benefits expiring. We're forking over more money to the automakers via these awful subsidies. When the "stimulus" is spent, it will increase the structural deficit by $100 Million EVERY DAY because of the interest on this debt. A billion every ten days. It is utterly insane. If you spend $800 Billion, you're going to see some temporary benefit to the economy. We've known that since the Great Depression. But as soon as you stop spending, you're right back where you started -- just as with the "Roosevelt Depression within a Depression". Ten, they're wrecking the country. Whatever you thought of it before Obama, they are are destroying the future of this country beyond any hope for recovering from this nightmare scenario.

To: Tenchusatsu who wrote (500545)	8/3/2009 1:31:10 AM
From: bentway	Respond to of 1583970

"The only problem is that you think you can control who wins and who loses." You can determine the size of the "win" and lessen the pain of the "loss". This is proven by history when the tax code and other social conditions was more equitable. Time was, 1% of the people didn't HAVE 20% of the wealth, as they do now. There have been times when the wealthy have just gotten too damn greedy. The "Gilded Age" was one such time. The recent (R) era since Reagan (including Clinton) is another. What puzzles me is, YOU'RE not one of the 1%, and never will be. Yet, you take their side!?

To: Tenchusatsu who wrote (500545)	8/3/2009 6:40:50 AM
From: Road Walker	Read Replies (2) \| Respond to of 1583970

RW, all these feel-good wealth redistribution schemes will never work. Was the Bush 'temporary stimulus tax cut', cut in passive income tax rates a wealth redistribution scheme? Was the Iraq war a wealth redistribution scheme? The last 20 years have seen a lot of wealth redistribution... and we're paying dearly for it.

To: Tenchusatsu who wrote (500545)	8/3/2009 2:05:19 PM
From: tejek	Read Replies (1) \| Respond to of 1583970

Gibbs: No tax hike for middle class 20 minutes ago (AP:WASHINGTON) The White House spokesman says President Barack Obama is committed to not raising taxes on U.S. families earning less than $250,000. Robert Gibbs restated that assurance Monday after two top White House officials suggested over the weekend that they could not rule out tax increases as the administration struggles to cut the budget deficit in half in the coming years. In appearances on TV network news shows Sunday, Treasury Secretary Timothy Geithner said the White House was not ready to rule out a tax hike to lower the federal deficit. National Economic Council Director Larry Summers said Obama's proposed health care overhaul needs funding from somewhere. Gibbs said the president "has made a very clear commitment to not raise taxes on the middle class."