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Thread: the mighty GOP on debt commision make thar offer!

  1. #46
    MeadHallPirate's Avatar
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    Re: the mighty GOP on debt commision make thar offer!

    Quote Originally Posted by Lucidthots View Post
    Issue a US dollar.

    Backed by the US Gov.

    Stop borrowing Fed Notes.

    (also backed by US Gov)


    See?

    --------------------
    ahoy Lucidthots,

    sorry me friend, imma not smart enough to follow ye...also, imma unclear how this takes care 'o the current US debt.
    thank ye fer tryin' though, i 'preciate yer humorin' me.

    if anyone can explain Lucidthots to me, jump right in mates.

    - MeadHallPirate

  2. #47
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    Re: the mighty GOP on debt commision make thar offer!

    Quote Originally Posted by MeadHallPirate View Post
    ahoy Lucidthots,

    what hath this to do with Boeing, and Raytheon, and General Dynamics? please explain it to me, swabby.

    - MeadHallPirate
    Pay them with Government issued currency.

    Same with SSI.

    Fed Notes are a private currency backed by the US Gov.

    The US is loaned this currency and charged interest.

    Just issue a public Currency backed by the US Gov.

  3. #48
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    Re: the mighty GOP on debt commision make thar offer!

    Quote Originally Posted by MeadHallPirate View Post

    sorry me friend, imma not smart enough to follow ye...also, imma unclear how this takes care 'o the current US debt.
    Does Goldman Sachs have nuclear weapons?

    No they dont.

    So how are they going to harm us if we dont continue in their system?

  4. #49
    MeadHallPirate's Avatar
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    Re: the mighty GOP on debt commision make thar offer!

    Quote Originally Posted by Lucidthots View Post
    Pay them with Government issued currency.

    Same with SSI.

    Fed Notes are a private currency backed by the US Gov.

    The US is loaned this currency and charged interest.

    Just issue a public Currency backed by the US Gov.
    ahoy Lucidthots,

    matey, we be way, way, way off topic...but i be curious 'bout what yer sayin'.

    yer sayin' then, that when the US government needs more monies, it just prints more monies, aye? just like honest Abe did with them greenbacks?

    - MeadHallPirate

  5. #50
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    Re: the mighty GOP on debt commision make thar offer!

    Quote Originally Posted by MeadHallPirate View Post

    yer sayin' then, that when the US government needs more monies, it just prints more monies, aye?
    No, it borrows privately issued money.

    The private money it borrows is simply printed.

    In other words there is a Private Middle Man embedded in the Public Process.

    This Middle Man is a Group of Banks: Goldman Sachs, Chase, Bank of England mainly.

    This Middle Man loans the US gov its own money at interest.

    And they are repaid via Taxes.

    This is Why Goldman Sachs (Buffet/Soros) want higher taxes.


    ---------------


    ---------------

  6. #51
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    Re: the mighty GOP on debt commision make thar offer!

    Quote Originally Posted by MeadHallPirate View Post
    - MeadHallPirate
    let me give you another example.

    in Greece even the Commies are protesting higher taxes.

    Why?

    Because they know the money goes to the Bankers.

    The Banks are telling Greece.. We will give you a Trillion Dollars on loan (out of thin air)....

    If you agree to cut back your social services.


    And that is the deal,

    The IMF (private banks) creates a trillion out of thin air and "Loans" it to Greece at interest.

    That is the system.


    ----------------------

  7. #52
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    Re: the mighty GOP on debt commision make thar offer!

    Quote Originally Posted by Lucidthots View Post
    The rich recive the taxes.

    The people making 200,000 per year will be taxed by Obama and the money given to Goldman Sachs and Chase.

    That is our Capitalist system. They use the poor as dupes by telling them if they tax "the rich" they will get the money.

    Its a standard "confidence game."
    shakes fist at golman sachs

  8. #53
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    Re: the mighty GOP on debt commision make thar offer!

    Quote Originally Posted by MeadHallPirate View Post
    ahoy Jviehe,

    i have the wind 'o history at me back, matey. the sea breaks against me hull as the tides 'o history carry me vessel forth.
    as i said, water be wet, the sky be blue, cured meat tastes 'o salt, and mead (not many landlubbers know this) tastes a bit like honey...

    ...and if the GOP have thar way, the wealthiest 'o the wealthy shall pay less in taxes at the end 'o the day.

    *bows*

    - MeadHallPirate
    So youre guessing, then.

  9. #54
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    Re: the mighty GOP on debt commision make thar offer!

    Quote Originally Posted by jviehe View Post
    shakes fist at golman sachs
    Goldman Sachs = Soros, Buffet, Obama.

    Why shouldn't I want Goldman dead?


    -----------

  10. #55
    MeadHallPirate's Avatar
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    Re: the mighty GOP on debt commision make thar offer!

    Quote Originally Posted by Lucidthots View Post
    let me give you another example.

    in Greece even the Commies are protesting higher taxes.

    Why?

    Because they know the money goes to the Bankers.

    The Banks are telling Greece.. We will give you a Trillion Dollars on loan (out of thin air)....

    If you agree to cut back your social services.


    And that is the deal,

    The IMF (private banks) creates a trillion out of thin air and "Loans" it to Greece at interest.

    That is the system.


    ----------------------
    ahoy Lucidthots,

    i've a dinner reservation tonight, matey, Ruth Chris, to go rub shoulders with them scoundrels ye decry.

    a final question, then - banks then be inherently evil because they charge interest on thar loans, aye? imm still tryin' to make sense 'o what yer sayin'...fergive me fer me backround be in runnin' me own businesses and i've only a meager Bachelor 'o Fine Arts degree.

    - MeadHallPirate

  11. #56
    Jason Marcel is offline President
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    Re: the mighty GOP on debt commision make thar offer!

    Quote Originally Posted by adaher View Post
    It's not a matter of better, of course Democrats think they are helping out deserving people. But they do it because the tax rates are onerous in the first place, thus creating the need for exemptions. Gore's plan would have helped a lot of low income and middle income people. The Bush tax cuts also helped, and helped a lot more people, because EVERYONE got a tax cut. Whereas with the Gore plan, you only got a tax cut if you were part of a group that Democrats liked, or if you were doing something Democrats wanted you to do.

    I don't think you can say that Republicans or Democrats are worse in the aggregate, but when it comes to corruption, they have different approaches because they have different constituencies with different wants. Saying they are both the same is facile.

    And while proposals aren't actions, they do matter. If one side wants more complexity and higher rates and the other side wants simplicity and lower rates, it's pretty clear that we have a major policy difference. And when they govern, they act accordingly. The last major effort at tax reform was spearheaded by a Republican President, and every single major tax cut passed by Republicans has involved simply lowering rates, while Democrats have primarily cut taxes by increasing the number of exemptions.
    There is absolutely no proof that the Bush tax cuts helped everyone.

    Gore's plan was the more conservative of plans, since he didn't want to erode any of the surplus, and wanted to continue paying down the debt.

    Gore's plan, like you said, was aimed at lower to middle-income folks, while the two huge Bush tax cuts redistributed wealth wholesale from the bottom to the top.

    The Bush tax cuts helped everyone. What an absurd thing to say. 8 years he served and those cuts created no jobs.

  12. #57
    MeadHallPirate's Avatar
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    Re: the mighty GOP on debt commision make thar offer!

    Quote Originally Posted by Jason Marcel View Post
    There is absolutely no proof that the Bush tax cuts helped everyone.

    Gore's plan was the more conservative of plans, since he didn't want to erode any of the surplus, and wanted to continue paying down the debt.

    Gore's plan, like you said, was aimed at lower to middle-income folks, while the two huge Bush tax cuts redistributed wealth wholesale from the bottom to the top.

    The Bush tax cuts helped everyone. What an absurd thing to say. 8 years he served and those cuts created no jobs.
    ahoy Jason Marcel,

    if a meteor shot outta the blue sky and vaporized the planet in early 2007, one could posit with great certainty that the Bush tax cuts were fearsome.

    sadly, 2008 then happened.

    aye.

    - MeadHallPirate

  13. #58
    Jason Marcel is offline President
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    Re: the mighty GOP on debt commision make thar offer!

    Quote Originally Posted by MeadHallPirate View Post
    ahoy Jason Marcel,

    if a meteor shot outta the blue sky and vaporized the planet in early 2007, one could posit with great certainty that the Bush tax cuts were fearsome.

    sadly, 2008 then happened.

    aye.

    - MeadHallPirate
    The majority of jobs created under Bush were part-time, minimum wage jobs.

    His tax cuts were huge and they favored the top 2% heavily and good times were sposed to roll once again, but that never happened.

    On the matter of the super committee, the GOP proposal is factually incorrect, since their math says that their plan would save the country $500 billion over 10 years due to the increases revenues from the gov't if taxes on the wealthy are cut from 35% to 28%.

    That's right. According to Republicans, cutting taxes means the gov't gets more revenues.

    80% of the country wants the tax rates on the wealthy to go up, so Republicans offer to give rich people a 20% discount on what they'd be contributing to federal revenues.

    The Nov.23 deadline looks doomed for failure unless Democrats snatch defeat from the jaws of victory once more and totally cave again like they did in the summer. This is when the Democrats should be offering about $3 trillion in tax revenues by soaking big banks and the rich, and mainstream America along with every moderate would cheer. It's like the people are waiting to root for someone who puts that forward, but the Dems seem to be hanging back and watching the do-nothing Republicans offer one retarded plan after another that soaks the poor and gives to the rich.

  14. #59
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    Re: the mighty GOP on debt commision make thar offer!

    To get down to the lowest common demoninator...

    Both the Republican and Democrat politicians want to take more money from me.

    FUCK THEM! They can suck my big hairy balls!


    Tell them to lose the haircut and get a real job,

    I say.

  15. #60
    adaher is offline President
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    Re: the mighty GOP on debt commision make thar offer!

    Quote Originally Posted by Jason Marcel View Post

    The Nov.23 deadline looks doomed for failure unless Democrats snatch defeat from the jaws of victory once more and totally cave again like they did in the summer. This is when the Democrats should be offering about $3 trillion in tax revenues by soaking big banks and the rich, and mainstream America along with every moderate would cheer. It's like the people are waiting to root for someone who puts that forward, but the Dems seem to be hanging back and watching the do-nothing Republicans offer one retarded plan after another that soaks the poor and gives to the rich.
    First, I don't see a failure. We get $1.2 trillion in cuts if we hit the Nov. 23 deadline.

    Second, while Americans would like the rich to pay a little more to close the deficit, $3 trillion in new taxes, even if it didn't affect anyone but the rich, would cause a backlash. Americans hate taxes, and the fact that other people are being taxed is not going to help the Democrats. Besides, they'd never get $3 trillion, because as I keep saying, Congressmen are rich. Democratic donors are rich. Pass a tax increase that high and Congressmen, their families, and their donors will begin the process of carving out all kinds of new exemptions and in the end they'll end up with $1.5 trillion.

    The final thing that has to be taken into account is that the right-wing machine is more savvy than it used to be. As soon as such a bill passed, they'd be waiting with baited breath for the first new exemption that just happened to benefit a major Democratic donor. And you know the Obama administration would be the first to go to Congress hat in hand for someone. And it would be reported on as viciously as Solyndra. In the end, the tax increase would be a disaster for Democrats.

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