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Author Topic:   This Is Just Plain Silly, Bush!!!
Mirandee
unregistered
posted January 20, 2008 03:44 PM           Edit/Delete Message   Reply w/Quote
You've topped yourself in the HUH?? department.

I don't know about anyone else, but he owes me a lot more than $800 in tax refunds for all my tax money he has spent on a war that I was against in the first place.

Let's see, we all get as much as a whole $800 while during his term of office Halliburton has collected well over $800 billion. Hmmm, seems fair to me. LOL

Besides it is not going to help the economy but it will go back to his corporate bank buddies when we all use it to pay our bills and our credit card debts which we have collected just trying to stay alive for the past 7 years.

Bush gave us all $200 or so when he entered office and then proceeded to run the national debt into the trillions for us to have to pay off. Now he is leaving office by giving us as much as $800 along with that trillion dollars in debt we owe which, our kids, grandkids and all the way up to our great, great grandkids will be paying off in taxes.

Thank you, George. Sorry but I can't really appreciate your generosity. LOL Except that it will help me pay a bill or two. Sorry I can't afford to run out and boost the economy with it. No one else in the working class population can either.

No sense of reality at all in that boy. But I literally will be laughing all the way to bank. To pay bills, that is.

Bush Proposes $145 Billion Stimulus Plan

http://www.washingtonpost.com/wp-dyn/content/article/2008/01/18/AR2008011800429_2.html?wpisrc=newsletter&sid=ST2008011700859

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Mannu
Knowflake

Posts: 45
From: always here and no where
Registered: Apr 2009

posted January 20, 2008 05:02 PM     Click Here to See the Profile for Mannu     Edit/Delete Message   Reply w/Quote
Sometimes I wonder how and from where did he get his MBA degree?

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yourfriendinspirit
unregistered
posted January 20, 2008 05:07 PM           Edit/Delete Message   Reply w/Quote
I say if it happens we each use that $800.00 to purchase a airline flight ticket for purposes of bringing home a US native!
*cause appearently he can't figure out how to do it.

------------------
Sendin' love your way,
"your friend in spirit"

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pidaua
Knowflake

Posts: 67
From: Back in AZ with Bear the Leo
Registered: Apr 2009

posted January 22, 2008 02:03 AM     Click Here to See the Profile for pidaua     Edit/Delete Message   Reply w/Quote
I suppose I could say the same thing for my tax dollars going to fund useless "aid" programs for those that don't want to work and into education that doesn't trickle down to those that need it but funds useless entities that "think" about education solutions without ever implementing them.

I can guarantee you that a majority of those downrange believe in what they are doing and would ask you to spend that money on care packages that would include luxury items they can't get in the field or on whatever you wanted. Those plane tickets would just set unused.

*** Edited to add.... Tomorrow is our Brigade's Memorial dedication for those fallen in this war. Our Brigade lost more Soldiers than any other Military Brigade in this war. The 1-26 has been featured in several Military and non-Military news outlets for their service in one of the worst regions in Iraq. Not all, but a majority of those that just returned are getting ready to go back, they want to go back and finish the job. Bear will also be going when it is time as will my friends husbands.

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jwhop
Knowflake

Posts: 2787
From: Madeira Beach, FL USA
Registered: Apr 2009

posted January 22, 2008 01:53 PM     Click Here to See the Profile for jwhop     Edit/Delete Message   Reply w/Quote
Yeah Pid, there are those who believe they are somehow...for some reason "entitled" to the fruits of someone elses hard work. I haven't a clue where they could get such a screwed up idea. Oh yeah, straight from the ass of Karl Marx.

The facts are:

The top 1% of income earners...as defined by the IRS already pay more than 39% of all federal income taxes.

The top 10% of income earners pay 60% of all federal income taxes.

The BOTTOM 50% of income earners pay only 3% of federal income taxes.

If the top 50% of income earners paid 100% of their income in federal taxes, there would be those...some here apparently...who would be demanding they take a second job so that could be used to support them too.

Besided which, all those federal tax reductions Bush got through the Congress spurred the economy and created a business boom which resulted in the creation of new jobs for millions of unemployed people, the highest home ownership rate in history..in both real numbers as well a the percentage of home ownership across all economic lines...including minority home ownership.

There will always be the screechers, shriekers and howlers among us who believe they are "entitled" to something from the public treasury...at the expense of the rest of us...meaning right out of our pockets into theirs.

It makes no difference to the shriekers that the Haliburton contract..for Iraq was and is a cost plus 2% contract. No company, private or corporate can operate on a 2% profit margin across the board. Haliburton would simply be out of business...if they didn't have other contracts paying them a reasonable and profitable margin of profit...like say 15 to 20% net.

What reason would any company have for expending...in advance hundreds of millions or even billions of dollars for a 2% return on capital when they could simply buy finiancial instruments..like for instance "money market accounts" paying 3-5% for which they don't have to expend a single drop of sweat?

Screeching, howling and shrieking leftists just don't live in the real world. They live in a make believe dream world and just can't be awakened. Their brand of domestic economic policy fails miserably everywhere it's been tried but they just don't get it.

Let them dream on

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AcousticGod
Knowflake

Posts: 4415
From: Pleasanton, CA
Registered: Apr 2009

posted January 22, 2008 02:46 PM     Click Here to See the Profile for AcousticGod     Edit/Delete Message   Reply w/Quote
quote:
the highest home ownership rate in history..in both real numbers as well a the percentage of home ownership across all economic lines...including minority home ownership.

I don't think this ought to be included as part of a judtification of Bush supposedly doing a good job with the economy. In fact, Bush would be wise to steer clear of this stat altogether as it says very little about him, yet speaks volumes as to why we're in this credit crisis we find ourselves in.

The banks made an extraordinary number of questionable or arguably bad loans, which caused the record home ownership. Bush will not end his term with a record home ownership percentage.

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venusdeindia
unregistered
posted January 23, 2008 07:33 AM           Edit/Delete Message   Reply w/Quote
dont know much about how the home loan - foreclosure - crisis works.but here in India the American banks reported home loan troubles have led to a massive dive in the stock markets. ditto across all asian markets.

WHY ?

becoz India, China, Japan and all asian economioes have the US as their main customer. even the Fed Rate cut is barely helping. not to mention the constant talks of US recession in our markets, aided by corporate signs only the sharks can read .close on the heels of such talks came the .75 % cut by the Fed's.

dont know what Bush has planned

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venusdeindia
unregistered
posted January 23, 2008 07:37 AM           Edit/Delete Message   Reply w/Quote
edit

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thirteen
unregistered
posted January 23, 2008 01:15 PM           Edit/Delete Message   Reply w/Quote
Well then, why not follow Linda Goodman's advice and give away half. Then you can start the circle of giving and more will come back to you.

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jwhop
Knowflake

Posts: 2787
From: Madeira Beach, FL USA
Registered: Apr 2009

posted January 23, 2008 01:39 PM     Click Here to See the Profile for jwhop     Edit/Delete Message   Reply w/Quote
Bush will end his administration with the highest number of Americans owning their own homes as opposed to any other administration in history....as well as the highest percentage of American families owning their own homes.

The fact some mortgage lenders bent the rules for qualifying...and some applicants overstated their income...or understated their monthly debt load doesn't do a thing to diminish the success of the push for home ownership by Bush.

Neither does the fact some lenders were borrowing...from banks and insurance companies the funds with which to fund loans for mortgages...and when those loans came due were rolling them over into ever larger loans without paying down the principal debt. New Century Financial is only one lender who was making loans with OPM...other people's money.

Now, what is it that leftists are always screeching and howling? Oh yeah, it's the intentions which count...not the outcome.

If judged on outcomes, leftist programs both social and fiscal are abject failures on just about every count.

I notice you...acoustic...are silent on the factual breakdown of WHO in America pays HOW MUCH federal taxes. No surprise there since your usual argument style is to nibble around the edges without ever getting to the main course, finicky eater that you are.

BTW, I did not discuss my previous post with Bush...as to home ownership. I don't even know if Bush has ever set forth the facts I listed. But, I do know those facts are true.

Let me clear something up for you Mannu.

Bush has an MBA from the Harvard School of Business. The same school which denied enrollment to John Traitor Kerry and the same school which the publisher of the NY Times failed the entrance exam....which tends to support the proposition that many...some here too are getting their news from dummies not nearly as intelligent as Bush.

Just so you know Mannu.

Now Mannu, you can lay claim to knowing at least one (1) thing. Hey, every journey begins with a single step.

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Xodian
Moderator

Posts: 275
From: Canada
Registered: Apr 2009

posted January 23, 2008 01:57 PM     Click Here to See the Profile for Xodian     Edit/Delete Message   Reply w/Quote
Jwhop, again you overstate the current administration's success and yet do not point out the faliures in their plan.

It was quite obvious that the housing market boom was in direct relation with the American GDP and if compared closely, you would notice that there was a HUUUGEEE gap between the average American's salary and the price of an average house. Yet the administration still went ahead with their proposals.

On top of that, the general assumption was that if the housing market gets way too hot, the increase in interest rates would allow for a slow and steady decline. However, it turns out that the plan backfired; Not on fresh buyers but on those who already had a house since the interest rates on their loans jumped to almost 7%. What happens then? Massive forclosures for those who were going at a steady payment plan.

Geez... I swear its not only Jwhop though who only tells one side of the story on this forum.

To the others:

You failed to mention personal resposibility on this issue as well. The average house buyer in the United States decided to get loans well beyond their expected payment plans and just decided to burry themselves deep by just taking out more loans to pay their previous ones. Not to mention the huge leverages being brought upon on the houses... It was just poor planing IMO. Not to mention that 1/3rd of the retirees had ZERO retirement savings.

You just can't always rely on a social saftey net. Whatever happened to fending for one's self?

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AcousticGod
Knowflake

Posts: 4415
From: Pleasanton, CA
Registered: Apr 2009

posted January 23, 2008 02:34 PM     Click Here to See the Profile for AcousticGod     Edit/Delete Message   Reply w/Quote
Jwhop,

I don't see anything compelling me to talk taxes with you. I was prepared to speak regarding your flawed notion about home ownership. I'm not equally prepared to speak with you regarding taxes. As far as I'm concerned you confirmed that Democrats are the Party of the Rich, and therefore if they want to tax themselves more I see no issue with it.

If your prediction about home ownership numbers does come true it will be due to this rate cut. However, no one is anticipating a speedy recovery to the mortgage crisis.

Xodian,

I agree with you regarding personal responsibility, but I would just add a little caveat, which is that for some time mortgage brokers have been peddling loans to people who don't warrant mortgage loans. These brokers have been so confident in their ability to get anyone into a house, I personally believe they contributed to the unreasonable expectations new home owners may have had.

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