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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?

To: Cogito Ergo Sum who wrote (68075)	11/12/2010 10:23:24 AM
From: TobagoJack	15 Recommendations Read Replies (6) \| Respond to of 218074

It is very difficult to nurture a middle class when you have the life-long political class acting by rule-by-making-up-laws to help their dynastic financial looting class Sponsors to pillage and plunder. Democracy is an unnatural contortion of natural laws to enable dynastic looter class to keep their goodies and not lose heads. Revolution is natural.

To: Cogito Ergo Sum who wrote (68075)	11/12/2010 11:49:32 AM
From: elmatador	Respond to of 218074

deleted

To: Cogito Ergo Sum who wrote (68075)	11/12/2010 11:49:32 AM
From: elmatador	Respond to of 218074

This gives a measure on how the equalization will be. OECD Middle Class would have to equalize with the rest of the world. "middle class in the developing world as those who make between $2 and $13 a day" This emerging markets middle class pay taxes. In the US they are cuting taxes!!! The equalized middle class of oECD will have to pay taxes on their between $2 and $13 a day income. The 2001 and 2003 tax cuts ($1.7 trillion or 14 percent). These tax cuts receive most of the blame for the lost surplus, but are responsible for just one-seventh of it.[2] And the tax cuts for “the rich”—those earning more than $250,000 annually—account for just 4 percent of the saving. • The 2009 stimulus ($0.7 trillion or 6 percent). The stimulus plays a significant role in the 2009 through 2011 budget deficits, but a small role in the overall deficits over the decade. • Other new spending ($3.7 trillion or 32 percent). Defense spending accounts for $2 trillion, other discretionary spending for $700 billion, and new entitlement spending for $1 trillion. The largest entitlement expansions came from the new Medicare drug entitlement, financial bailouts, farm subsidies, and refundable tax credits.[3] • New net interest costs ($1.4 trillion or 12 percent). Instead of the federal government paying off the entire national debt by 2009 as the CBO had projected in 2001, rising debt meant steeply rising net interest costs. • Other tax cuts ($0.4 trillion or 3 percent). This includes the 2008 tax rebates, annual tax extension packages, and the patches to the alternative minimum tax (AMT).[4 online.wsj.com