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Dinguses
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I agree with Deacon in that Obama can't cut everyone <$250k taxes, can't give every American $1000 tax rebate, can't fund whatever he says he'll fund without MASSIVE cuts somewhere because the economy is struggling. When the economy struggles, federal tax revenues decrease. What I'm afraid he will do is raise business taxes across the board. He plays this off as if he's only hurting Exxon and whatever. But what happens if your local business has their taxes raised? Do they fire somebody? Go out of business and put 5, 10, 25, 100 out of work? Oil companies are not the only companies...and if you work for a company it will potentially affect you, whether it's your job, your raise, your company insurance premium, whatever. If companies have to pay higher taxes, employees and customers will take the brunt...not the companies.

I'm really sticking my neck out here but it's true. And I feel somewhat similar to Otega in that I'm disappointed at the increase in govt under W. However, all this blame for the financial breakdown is not his fault.

The deregulation movement began in the 1970s, and the key to the financial collapse occurred in 1999 when Congress and Bill Clinton revoked the Depression-era regulations that separated Investment banks (Lehman, Goldman) from Commercial banks (Wachovia, Citi). Prior to this, Commercial banks were not allowed to invest in mortgages and such...it was the territory of the Investment bank. When the 1999 Clinton Admin and Congress revoked those regulations, the competition for those investments increased dramatically for the Investment banks (thus decreasing their profits). So what were the Investment banks to do for profits (remember they don't have the income from Joe 6-pack's checking account like Wachovia or Citi)? They created a tradable asset called "Mortgage Backed Securities" based off of packages of yours and my mortgages to buy, sell, and use as collateral for loans. This was something new that they could make $ on. And they did, but once the housing crisis hit, these "securities" became untradeable, and under mark-to-market rules, basically worthless. When your collateral becomes worthless, you can't pay your loans, thus the Lehman bankruptcy and other bailouts. I could go on, but the creation of the problem lies in the 1999 decision to deregulate banks...it was nothing W did while in office.
 
nakedpanic
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Originally posted by deacon6878
Originally posted by Jake Rawburst


"The only difference between socialism and democracy is that in socialism it man taking advantage of man, and in democracy it just the oppostite."


You lost me Jake


Billy Madison quoting "The Puppy who Lost His Way"
 
refusetolose
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This thread was a very bad idea. If you want to talk politics, take it to freakin' cnn.com. Now, let's get back to discussing the best way to determine a fantasy, simulation football league pro-bowl team for our fictional players.
 
deacon6878
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Originally posted by Dinguses
I agree with Deacon in that Obama can't cut everyone <$250k taxes, can't give every American $1000 tax rebate, can't fund whatever he says he'll fund without MASSIVE cuts somewhere because the economy is struggling. When the economy struggles, federal tax revenues decrease. What I'm afraid he will do is raise business taxes across the board. He plays this off as if he's only hurting Exxon and whatever. But what happens if your local business has their taxes raised? Do they fire somebody? Go out of business and put 5, 10, 25, 100 out of work? Oil companies are not the only companies...and if you work for a company it will potentially affect you, whether it's your job, your raise, your company insurance premium, whatever. If companies have to pay higher taxes, employees and customers will take the brunt...not the companies.

I'm really sticking my neck out here but it's true. And I feel somewhat similar to Otega in that I'm disappointed at the increase in govt under W. However, all this blame for the financial breakdown is not his fault.

The deregulation movement began in the 1970s, and the key to the financial collapse occurred in 1999 when Congress and Bill Clinton revoked the Depression-era regulations that separated Investment banks (Lehman, Goldman) from Commercial banks (Wachovia, Citi). Prior to this, Commercial banks were not allowed to invest in mortgages and such...it was the territory of the Investment bank. When the 1999 Clinton Admin and Congress revoked those regulations, the competition for those investments increased dramatically for the Investment banks (thus decreasing their profits). So what were the Investment banks to do for profits (remember they don't have the income from Joe 6-pack's checking account like Wachovia or Citi)? They created a tradable asset called "Mortgage Backed Securities" based off of packages of yours and my mortgages to buy, sell, and use as collateral for loans. This was something new that they could make $ on. And they did, but once the housing crisis hit, these "securities" became untradeable, and under mark-to-market rules, basically worthless. When your collateral becomes worthless, you can't pay your loans, thus the Lehman bankruptcy and other bailouts. I could go on, but the creation of the problem lies in the 1999 decision to deregulate banks...it was nothing W did while in office.


I know where I live in North East Indiana, property taxes have doubled and in some case tripled to make up lost tax revenue.
As more houses get forclosed on there are less taxes and fewer and fewer people share the burden for everyone.

One think that pisses me off more then anything is the Govt saying we need your money to push our agenda. Or we have a budget surplus, no its not a budget surplus you put more of a burden on the people then you needed to and now that you have that much money you resent getting less next year. So taxes stay the same or go up
 
deacon6878
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Originally posted by refusetolose
This thread was a very bad idea. If you want to talk politics, take it to freakin' cnn.com. Now, let's get back to discussing the best way to determine a fantasy, simulation football league pro-bowl team for our fictional players.


This might be a record rtl, almost to the 3rd page with out name calling
 
Dinguses
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Well, Deacon...if you're tired of paying increasing property taxes to bail out people who took more of a loan than they could handle (and I'll avoid welfare, etc), historically there's only 1 party that lowers taxes and 1 that raises taxes to pay for all their promises. Neither party seems to have any ideas about what they're going to do...both are for "change", but nobody wants to say what that "change" is.
 
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Originally posted by nakedpanic
Vote with your heart, vote Democrat
Vote with your brain, vote Republican

It's that simple.


lol this may have been what he was talking about when he said that some of us are dim. i really don't want to go into what each party's core beliefs are blah blah blah. especially in this day and age when the middle man gets all the votes.

You have to present yourself to all people of both partys if you want to become president of the United states because you need to pull as many from the other party as possible. if McCain or Obama is elected, my worst fear is that they will try to please everyone, when it just isn't possible. I think both are smart enough to solve our countr'ys problems if they stick to what they originally believe in.

This was an awful idea and i agree that this discussion needs to be taken to cnn.com.
if i wanted to talk about real life shit why would i go on this site? i love politics, it fascinates me, and i love having a side i firmly believe in that i can support. I believe Obama is the "change we need". He is the best person to have run for presidency in a long time, in my opinion, and i hope he takes office at the end of this mess. Anyway, my point is, is that i log on to this site to escape the shit of the real world. as interesting as it can be, it is also tiring to deal with for a long time. Sometimes you just need a break ya know? So this thread is going to steer course from this topic VERY soon. i will see to that. go ahead. post something. see what happens.
 
Dinguses
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how about I post this....

If you want to relax and read something that doesn't involve the real world and you aren't interesting in reading it at that time...how about you not click & read it and not post on it instead of trying to derail it for others? It's not like the subject line was misleading.

If you don't want to read it, don't click on it. Pretty simple.

 
nakedpanic
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Originally posted by GeneralMills92
Originally posted by nakedpanic

Vote with your heart, vote Democrat
Vote with your brain, vote Republican

It's that simple.


lol this may have been what he was talking about when he said that some of us are dim. i really don't want to go into what each party's core beliefs are blah blah blah. especially in this day and age when the middle man gets all the votes.

You have to present yourself to all people of both partys if you want to become president of the United states because you need to pull as many from the other party as possible. if McCain or Obama is elected, my worst fear is that they will try to please everyone, when it just isn't possible. I think both are smart enough to solve our countr'ys problems if they stick to what they originally believe in.

This was an awful idea and i agree that this discussion needs to be taken to cnn.com.
if i wanted to talk about real life shit why would i go on this site? i love politics, it fascinates me, and i love having a side i firmly believe in that i can support. I believe Obama is the "change we need". He is the best person to have run for presidency in a long time, in my opinion, and i hope he takes office at the end of this mess. Anyway, my point is, is that i log on to this site to escape the shit of the real world. as interesting as it can be, it is also tiring to deal with for a long time. Sometimes you just need a break ya know? So this thread is going to steer course from this topic VERY soon. i will see to that. go ahead. post something. see what happens.


I quoted Winston Churchill. Not dim at all.
 
Dinguses
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Originally posted by nakedpanic
Originally posted by GeneralMills92

Originally posted by nakedpanic


Vote with your heart, vote Democrat
Vote with your brain, vote Republican

It's that simple.


lol this may have been what he was talking about when he said that some of us are dim. i really don't want to go into what each party's core beliefs are blah blah blah. especially in this day and age when the middle man gets all the votes.

You have to present yourself to all people of both partys if you want to become president of the United states because you need to pull as many from the other party as possible. if McCain or Obama is elected, my worst fear is that they will try to please everyone, when it just isn't possible. I think both are smart enough to solve our countr'ys problems if they stick to what they originally believe in.

This was an awful idea and i agree that this discussion needs to be taken to cnn.com.
if i wanted to talk about real life shit why would i go on this site? i love politics, it fascinates me, and i love having a side i firmly believe in that i can support. I believe Obama is the "change we need". He is the best person to have run for presidency in a long time, in my opinion, and i hope he takes office at the end of this mess. Anyway, my point is, is that i log on to this site to escape the shit of the real world. as interesting as it can be, it is also tiring to deal with for a long time. Sometimes you just need a break ya know? So this thread is going to steer course from this topic VERY soon. i will see to that. go ahead. post something. see what happens.


I quoted Winston Churchill. Not dim at all.


wow
 
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and we have a winner! Dinguses! i suggest you stop reading now and stop the men from covering you bed in shit. Because you are not going to sleep this one off!

I want you to take a look at your balls. right now.... go ahead! look at em! all round and a little hairy...or maybe a lot...i don't really know fro sure, ask your retarded cat that sucks on them, he knows what they look like. Take a good look. Grab a hold of them and pull them away from you body a bit. see that skin there? the skin that you have stretched? Picture a dull butter knife sawing at that while you lay on your back screaming in agony. its starts to bleed a little. but its incredibly slow. the estimated time it will take to saw your balls off is about 2 hours. you are strapped to a table covered in nails. you are literally lying on a bed of nails. but you hardly notice due to the fact that the skin has broken on you ball sack and liquids have started to ooze out. suddenly the nails are heating up. burning, searing WHITE HOT NAILS that melt your flesh and pierce your spinal cord. you are paralyzed, but it doesn't matter. because you see above you a man holding a massibe scimitar. it glimmers and he grins wickedly. you can hardly concentrate due to the pain in your balls and the searing sharp pain in your back. with one fell swoop be slices off your penis (but don't worry, your balls are still be sawed off) and shoves it in your mouth. he then begins to cut off fingers and limbs one by one, feeding them to you. after all fingers, and toes have been cut off, he takes you bleeding sack and finishes it off, tossing the butter knife aside. he throws it at you and spit and splutter. you are nearly unconscious with pain. But don't worry, it wil be over soon. he rolls your dismembered body into a room. the room slowly beings to fill with water. as it fills it suffocates you. you can't breath. blood is everywhere. then the water starts to heat up, until you simply burn up and cease to exist. all that remains of you when they drain the liquid away is a steaming, soaking wet, blackened and charred skeleton.

did you picture that? gruesome eh?

NOW SHUT THE FUCK UP OR I WILL DO IT TO YOUR ENTIRE FAMILY
 
Dinguses
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Uh huh. Nice representative of an Obama supporter. Damn I'm scared. Someone save me from the mean cereal man with the nice stock.

You know...I've read a limited # of your previous posts, and I really thought you were capable of intelligent or at least adult thought. That led me to believe that you just might pay attention to my post, but probably not. Which is typical of most people.

However, you have completely exceeded my very low expectations by having the biggest 12 year old death metal fanatic psyche & being a goth porn junkie, misdiagnosed ADD amphetamine & messageboard addict I have ever seen. Either that or you're a tremendous Poe fanatic trying in vain to groom some writing skills.

Either way, you'd be well served to research what nakedpanic had to say. Or even what I had to say even though it's a fiction writer. At least you'd learn something. That or just stay away from the grownup posts.
 
Dinguses
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And just so it gets repeated, lest generalmills miss it between his S&M pornos:


The deregulation movement began in the 1970s, and the key to the financial collapse occurred in 1999 when Congress and Bill Clinton revoked the Depression-era regulations that separated Investment banks (Lehman, Goldman) from Commercial banks (Wachovia, Citi). Prior to this, Commercial banks were not allowed to invest in mortgages and such...it was the territory of the Investment bank. When the 1999 Clinton Admin and Congress revoked those regulations, the competition for those investments increased dramatically for the Investment banks (thus decreasing their profits). So what were the Investment banks to do for profits (remember they don't have the income from Joe 6-pack's checking account like Wachovia or Citi)? They created a tradable asset called "Mortgage Backed Securities" based off of packages of yours and my mortgages to buy, sell, and use as collateral for loans. This was something new that they could make $ on. And they did, but once the housing crisis hit, these "securities" became untradeable, and under mark-to-market rules, basically worthless. When your collateral becomes worthless, you can't pay your loans, thus the Lehman bankruptcy and other bailouts. I could go on, but the creation of the problem lies in the 1999 decision to deregulate banks...it was nothing W did while in office.
Last edited Oct 15, 2008 22:19:58
 
deacon6878
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Originally posted by Dinguses
Well, Deacon...if you're tired of paying increasing property taxes to bail out people who took more of a loan than they could handle (and I'll avoid welfare, etc), historically there's only 1 party that lowers taxes and 1 that raises taxes to pay for all their promises. Neither party seems to have any ideas about what they're going to do...both are for "change", but nobody wants to say what that "change" is.


When it comes to politics I believe less is more. Less govt more personal freedoms!
That was the big draw back of the Civil War. The States basically gave up there rights to govern themselves and since then more govt has been created the more govt

I don't care for either candidate really but McCain is more in line with what I believe and I think he is less inclined to compromise himself to make a sale, and thats important to me. No matter what you do if it affects 250 million people its going to piss someone off. Might as well do what you said!

 
Dinguses
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where are you from, deacon?
 
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