On 4/22/08 10:52 PM, in article Xns9A88DEE0EEA97bat222@[EMAIL PROTECTED]
"tango" <tango@[EMAIL PROTECTED]
> wrote:
> Gary <kw4z@[EMAIL PROTECTED]
> wrote in
> news:C43407C7.231E8%kw4z@[EMAIL PROTECTED]
>
>> On 4/22/08 11:10 AM, in article Xns9A8867DD79350bat222@[EMAIL PROTECTED]
>> "tango" <tango@[EMAIL PROTECTED]
> wrote:
>>
>>> Well folks, it is Time for Georgie to cut interest rates to zero
>>> which will create 0 jobs but help Wall Street, Banks and CEO's who
>>> get millions a year in salaries.
>>> It will also result in another big hit on our currency which should
>>> result in another 10 to 20% price increase for everything we buy.
>>> Be sure and vote Republican for another 8 years of peace, stability
>>> and PROSPERITY.
>>> Damn, I forgot about all the progress in Iraq.
>>> Just read yesterday where the all volunteer army is increasing it's
>>> quota of convicted felons, Bush's way of helping the downtrodden.
>>> Just remember, if Al Gore had been elected President we would have
>>> not had all this great prosperity.
>>
>>
>> 2.5 or 0% in the past it hasn't always trickled down the the folks
>> that needed it, as you said though banks and bankers did profit more.
>> I can be passed down but will it regardless of the cut?
>>
>> Interesting item I heard on the radio today. Said that "new" oil
>> reserves were found which could match those of the middle east and was
>> found right here in the lower 48. Thought was though that first
>> attempt to drill to get it or build a new refinery and the Eco-jumpers
>> will be right on it and trying to shut it down. My feeling is this.
>> Regardless if we get to it or not they will most likely charge the
>> prevailing amount per barrel or more and find some way of making us
>> believe that we're getting a good deal at that.
>>
>> I'd love to see such reserves and amounts that we could tell all those
>> Arabs and South American's to take their oil and shove it we don't
>> need it anymore. It would also be nice to see Iraq send some reduced
>> priced oil to the US to make up for all those dollars we spent to do
>> what we did. That's a catch 22 though. IF that happened many would
>> say it would be proof that the reason we invaded Iraq was for oil. As
>> it is now we have got squat in oil payback so that argument doesn't
>> seem to hold water, at least not that I have heard.
>>
>>
> If we had any leader****p Oil and Food would have an 80% windfall tax on
> any profits if sold before 180 days.
> Much of the Oil and Food prices are caused by large Wall street
> speculators who use computers to make large profits and the media is
full
> of thee mouth pieces for these scammers.
> Once the Middle East and OPEC countries found out how ignorant and
greedy
> we are and saw how the I'm gonna cut your taxes rhetoric determines who
> is in charge of America our fate was set.
> Americans are ill educated and ignorant and that includes the ones who
go
> to college and party 4 years and get high paying jobs even though they
> don't know the countries involved in WW2 or what continent they live on.
> I watch college students leave for school every morning with a cell
phone
> on their shoulder as they go to their car and they return with cell
phone
> still attached in the afternoon. Any society this idiotic is bound to
> self destruct sooner than later. Taking away their cell phone would be
> worse than drug withdrawal.
>
>
Wish that I could refute those statements but alas I find that I agree in
principal with most of them. I am though for lower taxes in some cases.
Most super rich get by paying taxes not on their income but rather their
big
savings, as far as taxes are concerned, is in the Capital Gains tax. The
flip side of that one though is many small investors and other Middle
class
folks would be hurt bad by an across the board increase in Capital Gains
taxes however I do feel that adjustment of the tax rate for certain levels
would not be bad and would be justified.
Remember most CEO's and upper management folks and the like have
relatively
small salaries, pay wise (compared to their total income from all
sources),
but rake in most of their millions in income through stock options and
gifts
and that's taxed by capital gains tax rate and not the income tax rate
that
most of us compute our income by.
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