posted May 15, 2011 08:32 AM            

Question:

Do most Internet users make less than $250K per year...or not?

Question:

Is there any promise O'Bomber has kept..so far?

Oh yeah, O'Bomber promised to skyrocket energy costs. When O'Bomber was elected, regular gasoline was $1.89 per gallon. Today, the average price of regular is $3.99. Yea O'Bomber.

April 12, 2011 4:00 AM PDT
Democratic senator wants Internet sales taxes
by Declan McCullagh.
http://news.cnet.com/8301-31921_3-20052999-281.html

posted May 15, 2011 08:48 AM            

There just cannot be too much government meddling in the lives of citizens for demoscats.

It's always for a very good cause..don't you know, and it always creates yet another taxpayer funded bureaucracy and, if they can work the words children or kids into the mix.."It's for the chilllldren"...then, they think they've got a winner.

Hey kids! Let's set up an agency to monitor and censor the internet!

"Let's say the U.S. did it, it would have to be an independent federal agency that no president could countermand or anything else because people wouldn't think you were just censoring the news and giving a different falsehood out," Clinton said. **The serial liar talking about falsehood is rich indeed!**

posted May 28, 2011 09:06 AM            

A 62% Top Tax Rate?
Democrats have said they only intend to restore the tax rates that existed during the Clinton years. In reality they're proposing rates like those under President Carter.
Stephen Moore

Media reports in recent weeks say that Senate Democrats are considering a 3% surtax on income over $1 million to raise federal revenues. This would come on top of the higher income tax rates that President Obama has already proposed through the cancellation of the Bush era tax-rate reductions.

posted May 29, 2011 05:57 PM            

in the 20s when the tax rates were cut and we saw a HUGE boom, it was a boom very similar to that of the first decade of this century...more like a bubble that was getting too big to continue.

when roosevelt installed those 90%+ rates, say conservatives, it stalled growth...great, except that means pretending that growth didn't then happen with those high rates still in place. kennedy didn't lower them for 20 years after roosevelt. so during truman and eisenhower's terms, which most people would agree were growth years, the top bracket was keeping only 10% - IF they didn't find a way around it, which the richest tend to do in ANY tax environment. of COURSE when taxes are lower they don't bother to hide as much, but they are still shovelling money away into neverneverland.

and reagan STILL imposed taxes on business etc despite the APPEARANCE and memory of big cuts. he also grew our deficit enormously, hence cheney could say "reagan proved deficits don't matter" and in many ways, he was right if i have to say so myself. if you have to borrow to make things work better, to expand your business, you do it knowing you are creating a position from which to then reduce the deficit.

posted June 01, 2011 12:05 PM            

If you did, you'd know that the entire cycle lasts about 55 months...going back to the mid 1800's.

1854-2009 (33 cycles)

Peak to trough
16 months

Previous trough to this peak
42 months

Trough to previous trough
56 months

Peak from previous peak
55 months*

The four elements of the economic/business cycle.

Contraction
Bottom/Trough
Expansion
Peak

There is a reason these cycles occur over and over. I'll leave it to you to ferret out that information. And, when you do so, if you do...you'll know more about the US business cycle...and WHEN to buy and Sell...than most stock brokers and economists.

posted June 03, 2011 11:01 AM            

well, never mind; the MAJOR recessions have tended to be about 80 years apart. this one is right on schedule. they are usually followed by major conglagrations, which hopefully this one will not be...

i noticed this as i scrolled down the page, jwhop

When O'Bomber was elected, regular gasoline was $1.89 per gallon

posted June 03, 2011 01:57 PM            

BS katatonic. Gas was not $3 per gallon when O'Bomber became the Chief Wastrel.

Perhaps it's time to have your memory tuned up! Regular gasoline in California averaged $1.99 per gallon

Average gas prices--January 12, 2009
Jan 12, 2009 7:11 PM

posted June 03, 2011 02:17 PM            

and the price went up when the gulf blew up.

but the plain fact is, jwhop, that the price of gas has been shooting up and dropping down to create a basically steady rise since 1999 (actually for decades since cars started getting better mileage as a response to prices at the pump) during guess-who's reign?

as to the 55 month cycle that would mean pretty much every other 4-year term but we are not talking serious drops like this one, which comes about 80 years after the last one (30s) which was 80 years after that one before (1850s) and THAT was 80 years after the one that preceded the revolution.

and guess what has happened after each of THOSE "recessions" or Depressions as they have been renamed to signify their severity?

and no, i hadn't been squirreling away looking for ammunition, i didn't see your post about the 55-month cycles when you posted it. sorry bout that!