Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: TimF who wrote (623435)	8/8/2011 5:15:29 PM
From: tejek	Read Replies (1) \| Respond to of 1578510

IRS: Not enough rich to cover the deficit I know Tim. There are other tax loopholes that will need to be closed as well. Raising revenues by ending the tax cuts and closing tax loopholes is just some of the many elements needed to correct the deficit problem in this country. BTW pay close attention to the riots in London. That's what happens when you squeeze the poor unfairly.........like the way conservative PM Cameron is doing in the UK. Expect uprisings to happen here if we don't start to correct the disparity between the rich and the poor in this country.

To: TimF who wrote (623435)	8/8/2011 5:32:38 PM
From: i-node	1 Recommendation Read Replies (1) \| Respond to of 1578510

>> IRS: Not enough rich to cover the deficit August 5, 2011 by Don Surber Tim If we didn't already know, last week it became clear that the media, at least, had no concept of what we're up against, when several reporters threw out the idea of Apple bailing out the federal government, JP Morgan style. This showed up shortly after reports that Apple had more cash in the bank than the federal government. That they suggested Apple's < 100B in cash was somehow enough to "bail out" the government from its 14T problem. The truth is that most people in this country have no idea at all what a trillion dollars is. I had this discussion with my friends over dinner recently, both of whom had M.A. degrees -- and asked them if they knew how many zeros a trillion had. Neither had any idea. It is just beyond the understanding of so many people how much money is involved.