Treasonist President

**LAM** · 01-07-2012, 11:13 PM

Originally Posted by secdrl

By distributing heavy fines and penalties for not lending to EVERYONE. "entilement spending to corporations??" You must've been at one of those OWS rallys. What entitlements do big corporations get? Many of them get tax breaks. Unless you're including tax breaks as entitlements.

How about he cuts REAL entitlement programs? Like welfare, etc? And look, the CBO did a study that said that even if ALL of the top 1% earners paid 100%, ONE-HUNDRED PERCENT taxes, it would less than 3% of a dent in the national debt. Barack needs to stop this class warfare asap.

the class warfare started in the 80's when the US tax code was made overall less progressive as the top rates where lowered on federal taxes. taxes at the state level and below are all naturally regressive, this made the overall US tax code only slightly progressive. a progressive tax code is what makes the middle class in any country with a market economy..this is all basic econ and US economic history, once again you don't know jack only what tv tells you.

and of course if they raised rates on top earners it wouldn't pay off that debt the 2010 wage stats from the SSA show the total earnings from the US at just over 6T a year with 25% of that going to the top 1%. this couldn't have been why a petition with over 600 signatures of economists were collected in the early 2000's stating that the Bush tax cuts would do exactly what they have done, caused deficits so high for so long it would cause the inevitable end to the Big 3. exactly what the far right has hoped to do since the new deal reforms were enacted in the 30's.

since 1980 none of the supply-side tax cuts have ever been matched with spending reductions, nor have they ever created any jobs or spurred innovation. all of the data shows that they have actually increased the amounts of jobs lost just like the tax holiday in 2004 which allowed US MNE"s to bring foreign earnings back into the US. those monies went to shareholders and stock buybacks and many Americans lost their jobs.

over 1T a year goes out to large corps in the US in subsidies and tax giveaways which is 2x the amount spent on entitlements, and this is according to Cato. US large firms and MNE's pay the lowest amounts of taxes in the OECD as the effective tax rate is only 2% of GDP which equates to far less than the stated rate of 35% that the bitch and moan about but don't pay anyway..

large US firms using off-shore tax shelters costs the US about 1T in lost revenue every decade, but the Tax Haven Act can never make it out of committee thanks to Grover Norqust and his no tax increase pledge which all goes back to the neo-cons wanted to end the bring 3.

the sad part is that people are so stupid. if anybody ever bothered to read the OECD guidelines for multinationals you would see that they only need to provide the same pay and benefits as the host country. if the country doesn't provide healthcare for it's citizens then neither do the MNE's, get the host country to lower it's wage policy's and the large firms follow...

anybody that thinks cutting entitlements will make things better is straight up retarded....

**secdrl** · 01-07-2012, 11:16 PM

I forget what the exact percentage was, but how many of Americans actually pay taxes? I know that the Treasury brings in just shy of 1 trillion/year in revenue, but not many Americans actually pay taxes. Sad.

**LAM** · 01-07-2012, 11:51 PM

Originally Posted by secdrl

I forget what the exact percentage was, but how many of Americans actually pay taxes? I know that the Treasury brings in just shy of 1 trillion/year in revenue, but not many Americans actually pay taxes. Sad.

sad that you believe everything thing the tv tells you. those that don't pay federal taxes pay plenty at the state level. the US has the highest amount of low paid workers in the OECD at 25% of the labor force according to all the reports from the ILO and OECD. that surely has to have a positive effect on tax revenues...

the US federal minimum wage due to inflation only has the same spending power as that of wages earned in 1955.

http://www.epi.org/publication/webfe...hots_20051221/

MISCONCEPTIONS AND REALITIES ABOUT WHO PAYS TAXES (Updated May 31, 2011)
http://www.cbpp.org/files/5-26-11tax.pdf

**Zaphod** · 01-08-2012, 06:54 AM

Originally Posted by secdrl

By distributing heavy fines and penalties for not lending to EVERYONE. "entilement spending to corporations??" You must've been at one of those OWS rallys. What entitlements do big corporations get? Many of them get tax breaks. Unless you're including tax breaks as entitlements.

How about he cuts REAL entitlement programs? Like welfare, etc? And look, the CBO did a study that said that even if ALL of the top 1% earners paid 100%, ONE-HUNDRED PERCENT taxes, it would less than 3% of a dent in the national debt. Barack needs to stop this class warfare asap.

The president can not levy a fine or penalty on anyone or anything.

Many large corporations get huge subsidies even though they are already profitable.

Oil Companies Reap Billions From Subsidies - NYTimes.com

Your tax dollars for the rich and famous? - CBS News Investigates - CBS News

**secdrl** · 01-08-2012, 10:55 AM

Originally Posted by Zaphod

The president can not levy a fine or penalty on anyone or anything.

Many large corporations get huge subsidies even though they are already profitable.

Oil Companies Reap Billions From Subsidies - NYTimes.com

Your tax dollars for the rich and famous? - CBS News Investigates - CBS News

NYT/CBS NEWS? Great, reliable sources.

**min0 lee** · 01-08-2012, 11:14 AM

Originally Posted by secdrl

NYT/CBS NEWS? Great, reliable sources.

The Times and CBS pretty much been around a long time, they have a better track record than most other news media.

**DOMS** · 01-08-2012, 11:19 AM

Originally Posted by min0 lee

The Times and CBS pretty much been around a long time, they have a better track record than most other news media.

Do you mean like when they said that a document about Bush in the military was authentic even though it wasn't?

They both suck, but CBS is better than NYT. They NYT spins nearly every major story they cover.

**secdrl** · 01-08-2012, 11:20 AM

Originally Posted by min0 lee

The Times and CBS pretty much been around a long time, they have a better track record than most other news media.

Seriously?

**vancouver** · 01-08-2012, 11:25 AM

secdrl
Vancouver Is My Bitch

Really???

I thought you were more into pigs...

**DOMS** · 01-08-2012, 11:37 AM

Originally Posted by vancouver

secdrl
Vancouver Is My Bitch

Really???

I thought you were more into pigs...

Vancouver setups up on the mound of self-humiliation. He lines up. He checks first base. And there's the pitch. It's a soft lob heading straight over the home plate.

secdrl, who's hitting .362, readies the swing, and...

**vancouver** · 01-08-2012, 11:44 AM

Originally Posted by DOMS

Vancouver setups up on the mound of self-humiliation. He lines up. He checks first base. And there's the pitch. It's a soft lob heading straight over the home plate.

secdrl, who's hitting .362, readies the swing, and...

You think he has a high batting average??? that's odd, you may be the only one in this thread. Clearly this guy has to pound the side of his T.V. to get a signal of his favorite T.V. programs, FOX news...

**min0 lee** · 01-08-2012, 11:57 AM

Originally Posted by DOMS

Do you mean like when they said that a document about Bush in the military was authentic even though it wasn't?

They both suck, but CBS is better than NYT. They NYT spins nearly every major story they cover.

CBS was once the leader in news, I'm going by their track record.
The NYT had a reporter copy news from other reporters a while back....
I still think they are better than most.

Two I dont read nor listen to, that's Fox news and the NY Post.

**min0 lee** · 01-08-2012, 12:00 PM

Originally Posted by secdrl

Seriously?

Funny but a few months ago I asked around here for a legit news source but no one could come up with one...that answered my question.

Fox is the worst.

**DOMS** · 01-08-2012, 12:01 PM

Originally Posted by min0 lee

CBS was once the leader in news, I'm going by their track record.
The NYT had a reporter copy news from other reporters a while back....
I still think they are better than most.

Two I dont read nor listen to, that's Fox news and the NY Post.

I'm talking about how they are now. The NYT is easily as bad as the NYP. They're two sides of the same coin. Not that CBS is all that great, either.

**min0 lee** · 01-08-2012, 12:19 PM

Shame, CBS was the place to get your news.

Every now and then I pick the post up when it's laying around and I just shake my head at how partisan they are when it comes to politics.
As far as the local news they are horrendous, always making false accusations and mistakes.

**secdrl** · 01-08-2012, 12:22 PM

Originally Posted by DOMS

Vancouver setups up on the mound of self-humiliation. He lines up. He checks first base. And there's the pitch. It's a soft lob heading straight over the home plate.

secdrl, who's hitting .362, readies the swing, and...

**secdrl** · 01-08-2012, 12:25 PM

Originally Posted by min0 lee

Funny but a few months ago I asked around here for a legit news source but no one could come up with one...that answered my question.

Fox is the worst.

When I have kids, I have their names already picked out. George/Rush/Glenn

If it's a girl, Ann C/Meghan K/Laura I.

**vancouver** · 01-08-2012, 12:30 PM

Originally Posted by secdrl

When I have kids, I have their names already picked out. George/Rush/Glenn

If it's a girl, Ann C/Meghan K/Laura I.

For the sake of all humanity...please do not have kids!!!!!!!!!!!

**min0 lee** · 01-08-2012, 12:47 PM

Originally Posted by secdrl

When I have kids, I have their names already picked out. George/Rush/Glenn

If it's a girl, Ann C/Meghan K/Laura I.

Eek!

Nice sounding names but I rate them along with Jon Stewart, Stephen Colbert and to lesser extent Bill Maher.

Stewart and Colbert are funny but the rest....

**min0 lee** · 01-08-2012, 01:00 PM

There is one Republican that FOX doesn't support that I know of and that's RON PAUL.

**DOMS** · 01-08-2012, 01:06 PM

Originally Posted by min0 lee

There is one Republican that FOX doesn't support that I know of and that's RON PAUL.

If I had to pick one news source as being the worst, it's FOX. Good god, what a piece of shit. They literally make shit up.

I tried watching it a few months back. When I turned it off, becuase I couldn't take any more, I felt like I needed a shower to wash the sludge off my mind. That shit is poison.

**min0 lee** · 01-08-2012, 01:47 PM

They do have sports and some of the shows are decent but that's it.

**DOMS** · 01-08-2012, 01:49 PM

Originally Posted by min0 lee

They do have sports and some of the shows are decent but that's it.

I was only talking about Fox News.

Yeah, they do have some good shows. However, the only sport that I try to watch with any regularity is rugby.

**secdrl** · 01-08-2012, 04:55 PM

Originally Posted by DOMS

If I had to pick one news source as being the worst, it's FOX. Good god, what a piece of shit. They literally make shit up.

I tried watching it a few months back. When I turned it off, becuase I couldn't take any more, I felt like I needed a shower to wash the sludge off my mind. That shit is poison.

Thread: Treasonist President

Thread Tools

Display

Similar Threads

Dr. President???

This is the Man that Should be President

Who will be the first to become president?

Should ForemanRules be President?

best us president?

Posting Permissions