Can socialists in this country explain how taxing American corporations/companies more is good?

[Markle]

You've got it wrong.The last several posts weren't advancing the title of the thread at all. But I do sympathize with you. The thread was started by a troll and his troll friends have been desperately trying to keep it alive. I feel ya, bro.

I started another thread, "do Republicans think corporations should pay no taxes" and they're having a hard time admitting it.

Damn it! By replying to you and you me we are advancing this thread. Come find my thread. We control the message not them.

BTW they say corporations should pay 15% and so should everyone. Is that fair? Would it work? Don't reply here. Fuck this thread it bothers the hell out of me. Dumb cons

I know you mean well Sealy but I'm not going to be controlled by ANYBODY, that includes you. I may or may not respond here. Its my choice. But thanks for the support any way. Hope there are no hard feelings.

Not at all. Im asking not telling. Just a suggestion. And i dont really care i just like shutting down right wing threads that push a bullshit premise. In my thread I'm asking if Republicans believe corporations should pay no taxes. See, this thread is bs because we don't want to tax corporations more unless we find out they aren't paying their fair share. We found out GE isn't paying taxes. So Republican idiots, please tell me you don't think ge should pay more than zero.

IF GE paid $10 BILLION in taxes, where would that money come from?

GE pays NOTHING in taxes, dupe. Could you cut the infantile BS?

Grow up. I said IF! Care to try again?

 

[francoHFW]

As for all the loans you list, I have no clue as to how a recent college graduate could accumulate all that debt. The only person who could do such a thing is one with no personal responsibility.

Lets put a typical figure on that debt. Maybe then you can understand it better:

How The $1.2 Trillion College Debt Crisis Is Crippling Students, Parents And The Economy

Two-thirds, that’s right, two-thirds of students graduating from American colleges and universities are graduating with some level of debt. How much? According to The Institute for College Access and Success (TICAS) Project on Student Debt, the average borrower will graduate $26,600 in the red. While we’ve all heard the screaming headlines of graduates with crippling debt of $100,000 or more, this is the case for only about 1% of graduates. That said, one in 10 graduates accumulate more than $40,000.

Overall, the national student debt is 1.2 Trillion!

I know all about the student loan bubble. It will be the next bubble to burst.

"Twenty percent of all federal loan borrowers have defaulted on their loans, according to new data released by the federal government last week. That translates into $121 billion of loans in default. That same data show 40% of all borrowers are not making any payments, and are in some sort of forbearance, delinquency or default.

Default — the worst category — occurs when a borrower hasn't made a payment in more than 270 days."

"This is a slow-moving disaster," Jason Delisle, director of the Federal Education Budget Project at New America, told the Free Press. "Why no hearings on Capitol Hill? Why isn't the administration talking about it more?"

$121B in student loans are in default across U.S.

You left out the auto loans, house loans and others which most do not have. They have these student loans hanging on them making it difficult or impossible for them to borrow even more money.

As with the housing collapse, student loans are going to collapse for the same reason. They made them too easy to obtain with unreal repayment plans.

Those easy student loans have caused the cost of tuition to skyrocket.

Then there's the whole middle class and country going to hell under Reaganist tax rates/policy, toxic GOP college loans, etc etc....no price competition from low priced public U's anymore. Thanks GOP.

The low and middle-income workers have been suffering in the past 7 1/2 years and you want to blame President Reagan?

Who reduced the standards for mortgages causing the mortgage/housing/financial meltdown, among other Democrat policies?

Who reduced the standards for student loans causing the cost of tuition to skyrocket in all universities?

Boooshie regulators and their pals at PRIVATE lending institutions like Countrywide, duh dupe.

Who turned loans over to banks who made rates ridiculous? Who changed laws to make online colleges a giant scam, 40% of all defaults, in just a few years? You wouldn't be told that, dupe.

Who raised tuition at Public U's and who

 

[Markle]

You've got it wrong.The last several posts weren't advancing the title of the thread at all. But I do sympathize with you. The thread was started by a troll and his troll friends have been desperately trying to keep it alive. I feel ya, bro.

I started another thread, "do Republicans think corporations should pay no taxes" and they're having a hard time admitting it.

Damn it! By replying to you and you me we are advancing this thread. Come find my thread. We control the message not them.

BTW they say corporations should pay 15% and so should everyone. Is that fair? Would it work? Don't reply here. Fuck this thread it bothers the hell out of me. Dumb cons

I know you mean well Sealy but I'm not going to be controlled by ANYBODY, that includes you. I may or may not respond here. Its my choice. But thanks for the support any way. Hope there are no hard feelings.

Not at all. Im asking not telling. Just a suggestion. And i dont really care i just like shutting down right wing threads that push a bullshit premise. In my thread I'm asking if Republicans believe corporations should pay no taxes. See, this thread is bs because we don't want to tax corporations more unless we find out they aren't paying their fair share. We found out GE isn't paying taxes. So Republican idiots, please tell me you don't think ge should pay more than zero.

IF GE paid $10 BILLION in taxes, where would that money come from?

Profits

Not even close. Customers of GE products would have paid $10 BILLION more for the cost of the products they bought.

I take it that you know Jeffrey Immelt, CEO of GE is a friend of Lame Duck President Barack Hussein Obama and served Obama as his JOBS CZAR.

You just can't make anything like this up.

 

[francoHFW]

I started another thread, "do Republicans think corporations should pay no taxes" and they're having a hard time admitting it.

Damn it! By replying to you and you me we are advancing this thread. Come find my thread. We control the message not them.

BTW they say corporations should pay 15% and so should everyone. Is that fair? Would it work? Don't reply here. Fuck this thread it bothers the hell out of me. Dumb cons

I know you mean well Sealy but I'm not going to be controlled by ANYBODY, that includes you. I may or may not respond here. Its my choice. But thanks for the support any way. Hope there are no hard feelings.

Not at all. Im asking not telling. Just a suggestion. And i dont really care i just like shutting down right wing threads that push a bullshit premise. In my thread I'm asking if Republicans believe corporations should pay no taxes. See, this thread is bs because we don't want to tax corporations more unless we find out they aren't paying their fair share. We found out GE isn't paying taxes. So Republican idiots, please tell me you don't think ge should pay more than zero.

The answer you keep asking for is stupid GOP common sense that means nothing in the real world, dupe. You are obsessed with Pubcrappe. A brainwashed functional moron. The New BS GOP rapes you and the country every day and makes you propaganda babbling zombies.
IF GE paid $10 BILLION in taxes, where would that money come from?

GE pays NOTHING in taxes, dupe. Could you cut the infantile BS?

Grow up. I said IF! Care to try again?

The answer you keep asking for is stupid GOP common sense that means nothing in the real world, dupe. You are obsessed with Pubcrappe. A brainwashed functional moron. The New BS GOP rapes you and the country every day and makes you propaganda babbling zombies.

 

[Ray From Cleveland]

As for all the loans you list, I have no clue as to how a recent college graduate could accumulate all that debt. The only person who could do such a thing is one with no personal responsibility.

Lets put a typical figure on that debt. Maybe then you can understand it better:

How The $1.2 Trillion College Debt Crisis Is Crippling Students, Parents And The Economy

Two-thirds, that’s right, two-thirds of students graduating from American colleges and universities are graduating with some level of debt. How much? According to The Institute for College Access and Success (TICAS) Project on Student Debt, the average borrower will graduate $26,600 in the red. While we’ve all heard the screaming headlines of graduates with crippling debt of $100,000 or more, this is the case for only about 1% of graduates. That said, one in 10 graduates accumulate more than $40,000.

Overall, the national student debt is 1.2 Trillion!

I know all about the student loan bubble. It will be the next bubble to burst.

"Twenty percent of all federal loan borrowers have defaulted on their loans, according to new data released by the federal government last week. That translates into $121 billion of loans in default. That same data show 40% of all borrowers are not making any payments, and are in some sort of forbearance, delinquency or default.

Default — the worst category — occurs when a borrower hasn't made a payment in more than 270 days."

"This is a slow-moving disaster," Jason Delisle, director of the Federal Education Budget Project at New America, told the Free Press. "Why no hearings on Capitol Hill? Why isn't the administration talking about it more?"

$121B in student loans are in default across U.S.

You left out the auto loans, house loans and others which most do not have. They have these student loans hanging on them making it difficult or impossible for them to borrow even more money.

As with the housing collapse, student loans are going to collapse for the same reason. They made them too easy to obtain with unreal repayment plans.

Those easy student loans have caused the cost of tuition to skyrocket.

Then there's the whole middle class and country going to hell under Reaganist tax rates/policy, toxic GOP college loans, etc etc....no price competition from low priced public U's anymore. Thanks GOP.

The low and middle-income workers have been suffering in the past 7 1/2 years and you want to blame President Reagan?

Who reduced the standards for mortgages causing the mortgage/housing/financial meltdown, among other Democrat policies?

Who reduced the standards for student loans causing the cost of tuition to skyrocket in all universities?

Boooshie regulators and their pals at PRIVATE lending institutions like Countrywide, duh dupe.

Who turned loans over to banks who made rates ridiculous? Who changed laws to make online colleges a giant scam, 40% of all defaults, in just a few years? You wouldn't be told that, dupe.

Who raised tuition at Public U's and who

Student Loan Debt Exploding After More Government Involvement - Breitbart

Student Loan Debt Owed to Federal Government Up 463% Under Obama

 

[Markle]

As for all the loans you list, I have no clue as to how a recent college graduate could accumulate all that debt. The only person who could do such a thing is one with no personal responsibility.

Lets put a typical figure on that debt. Maybe then you can understand it better:

How The $1.2 Trillion College Debt Crisis Is Crippling Students, Parents And The Economy

Two-thirds, that’s right, two-thirds of students graduating from American colleges and universities are graduating with some level of debt. How much? According to The Institute for College Access and Success (TICAS) Project on Student Debt, the average borrower will graduate $26,600 in the red. While we’ve all heard the screaming headlines of graduates with crippling debt of $100,000 or more, this is the case for only about 1% of graduates. That said, one in 10 graduates accumulate more than $40,000.

Overall, the national student debt is 1.2 Trillion!

I know all about the student loan bubble. It will be the next bubble to burst.

"Twenty percent of all federal loan borrowers have defaulted on their loans, according to new data released by the federal government last week. That translates into $121 billion of loans in default. That same data show 40% of all borrowers are not making any payments, and are in some sort of forbearance, delinquency or default.

Default — the worst category — occurs when a borrower hasn't made a payment in more than 270 days."

"This is a slow-moving disaster," Jason Delisle, director of the Federal Education Budget Project at New America, told the Free Press. "Why no hearings on Capitol Hill? Why isn't the administration talking about it more?"

$121B in student loans are in default across U.S.

You left out the auto loans, house loans and others which most do not have. They have these student loans hanging on them making it difficult or impossible for them to borrow even more money.

As with the housing collapse, student loans are going to collapse for the same reason. They made them too easy to obtain with unreal repayment plans.

Those easy student loans have caused the cost of tuition to skyrocket.

Then there's the whole middle class and country going to hell under Reaganist tax rates/policy, toxic GOP college loans, etc etc....no price competition from low priced public U's anymore. Thanks GOP.

The low and middle-income workers have been suffering in the past 7 1/2 years and you want to blame President Reagan?

Who reduced the standards for mortgages causing the mortgage/housing/financial meltdown, among other Democrat policies?

Who reduced the standards for student loans causing the cost of tuition to skyrocket in all universities?

Boooshie regulators and their pals at PRIVATE lending institutions like Countrywide, duh dupe.

Who turned loans over to banks who made rates ridiculous? Who changed laws to make online colleges a giant scam, 40% of all defaults, in just a few years? You wouldn't be told that, dupe.

Who raised tuition at Public U's and who

Democrats actions leading to Mortgage Collapse B.B.

From New York Times
Fannie Mae Eases Credit To Aid Mortgage Lending
http://www.nytimes.com/1999/09/30/business/fannie-mae-eases-credit-to-aid-mortgage-lending.html


From Bloomberg News
How the Democrats Created the Financial Crisis
http://www.bloomberg.com/apps/news?pid=newsarchive&refer=columnist_hassett&sid=aSKSoiNbnQY0


The Administration’s Unheeded Warnings About the Systemic Risk Posed by the GSEs, ie Fannie, Freddie etc.)
Just the Facts: The Administration's Unheeded Warnings About the Systemic Risk Posed by the GSEs


Timeline shows Bush, McCain warning Democrats of Financial Crisis; Meltdown


The Wall Street Journal Barney’s Rubble
Barney's Rubble

 

[Markle]

As for all the loans you list, I have no clue as to how a recent college graduate could accumulate all that debt. The only person who could do such a thing is one with no personal responsibility.

Lets put a typical figure on that debt. Maybe then you can understand it better:

How The $1.2 Trillion College Debt Crisis Is Crippling Students, Parents And The Economy

Two-thirds, that’s right, two-thirds of students graduating from American colleges and universities are graduating with some level of debt. How much? According to The Institute for College Access and Success (TICAS) Project on Student Debt, the average borrower will graduate $26,600 in the red. While we’ve all heard the screaming headlines of graduates with crippling debt of $100,000 or more, this is the case for only about 1% of graduates. That said, one in 10 graduates accumulate more than $40,000.

Overall, the national student debt is 1.2 Trillion!

I know all about the student loan bubble. It will be the next bubble to burst.

"Twenty percent of all federal loan borrowers have defaulted on their loans, according to new data released by the federal government last week. That translates into $121 billion of loans in default. That same data show 40% of all borrowers are not making any payments, and are in some sort of forbearance, delinquency or default.

Default — the worst category — occurs when a borrower hasn't made a payment in more than 270 days."

"This is a slow-moving disaster," Jason Delisle, director of the Federal Education Budget Project at New America, told the Free Press. "Why no hearings on Capitol Hill? Why isn't the administration talking about it more?"

$121B in student loans are in default across U.S.

You left out the auto loans, house loans and others which most do not have. They have these student loans hanging on them making it difficult or impossible for them to borrow even more money.

As with the housing collapse, student loans are going to collapse for the same reason. They made them too easy to obtain with unreal repayment plans.

Those easy student loans have caused the cost of tuition to skyrocket.

Then there's the whole middle class and country going to hell under Reaganist tax rates/policy, toxic GOP college loans, etc etc....no price competition from low priced public U's anymore. Thanks GOP.

The low and middle-income workers have been suffering in the past 7 1/2 years and you want to blame President Reagan?

Who reduced the standards for mortgages causing the mortgage/housing/financial meltdown, among other Democrat policies?

Who reduced the standards for student loans causing the cost of tuition to skyrocket in all universities?

Boooshie regulators and their pals at PRIVATE lending institutions like Countrywide, duh dupe.

Who turned loans over to banks who made rates ridiculous? Who changed laws to make online colleges a giant scam, 40% of all defaults, in just a few years? You wouldn't be told that, dupe.

Who raised tuition at Public U's and who

Mashup of Maxine Waters & Barney Frank - Then Vs. Now

Embedded media from this media site is no longer available

The Bet That Blew Up Wall Street
Steve Kroft On Credit Default Swaps And Their Central Role In The Unfolding Economic Crisis
The Bet That Blew Up Wall Street


Bush Called For Reform 17 Times In 2008 ALONE, here dating back to 2001! Duplicate of Whitehouse.archives Bush Called For Reform 17 Times In 2008 | Sweetness & Light

 

[francoHFW]

You mentioned the CARD Act. Ray correctly pointed out that the CARD act did not lower the costs of borrowing, or eliminate additional fees. It simply lowered the ability to borrow, and increased the costs on the average consumers. You argued with him about that, and you are wrong.

I never said the Credit Card Act lowered the costs of borrowing or that it eliminated additional fees. Ray was standing on a soap box and created that straw man to make it seem that I held a position he could argue against. You two have that skill in common. I can't be wrong about something I never said. I mentioned the Credit Card Act as an adjunct to the premise of reform, nothing more. Ray took off on a tangent that devalued the gains given to consumers and focused on his own perspective about higher fees and less accessibility. Hell, he didn't like it but even YOU agreed that it was a good thing. I wasn't wrong abut that and neither were YOU!

You said:

Obama isn't so dumb. I think he is quite bright and possibly one of our best presidents ever. Yes, he with the help of Congress reduced the abject theft credit card companies were perpetrating upon the American consumers.

and

Poor people generally can't even get credit because they can't qualify for anything more than the usurious rates offered by loan sharks. But some have no choice and they fall into the trap just as their well paid American neighbors do. MIss a payment and even the mainstream credit card companies jack up the rates and report you to one of the three credit bureaus…thereby ruining your credit and hindering you even further.

Reduce abject theft of credit card companies? So increasing interest rates, and annual fees, on all borrowers instead of just those who failed to pay on time, is "reducing abject theft" in your left-wing world?

You said that poor people have no choice in borrowing which is why they fall into these traps, which you claim the CARD Act was needed. Correct?

But I just proved that the result of the CARD Act was to reduce credit to these very people. It didn't reduce costs and fees.... it reduce the credit availability.

You were wrong. Ray, was right.

I wasn't wrong. The abject theft of SOME ( I should have included the term" some" in my original statement but I didn't) credit card companies ( mainly banks) was curtailed by the Credit Card Act. Here are examples of the theft I was talking about:


Safeguards Against Rate Increases

• 
  Under the Credit CARD Act, rate increases aren’t allowed during the first year, and promotional rates need to last at least six months.
• 
  The Act prohibits "double cycle billing," where credit card holders are charged interest on debt that’s paid on time during a grace period.
• 
  It prohibits "universal default," where a lender changes a loan to default terms because the consumer has defaulted on a loan with another lender.
• 
  After the first year, cardholders must be told about major account changes 45 days before they take effect. New rates can’t start until 14 days after the notice is mailed. The cardholder has the option to cancel the account and pay off the balance at the existing rate.
  
  Those four major points of the Credit Card Act did curtail the abject thievery of some credit card entities. I don't care how you twist it, the transparency and pro consumer reforms saved many people a lot of money. I was right. The theft WAS reduced as I said. I did not say it was eliminated!
  
  
  Other restrictions that kept credit card gouging down include:

Improved Billing Practices

• 
  The Credit CARD Act gives consumers 21 days to pay their monthly credit card bills (compared to the former minimum of 14 days).
• 
  Payment due dates must be the same day of each month, and consumers need to be allowed three weeks between the time a bill is mailed and when it’s due.
• 
  Credit card statements need to be in a specific font so they can be read easily.

Fee Restrictions

• 
  In almost all cases, consumers can’t be charged for the method they use to pay their credit card bill.
• 
  The Credit CARD Act limits fees consumers can be charged for spending over their credit limits.
• 
  There are new limits to the fees consumers can be charged on subprime cards (cards with higher rates and fewer rewards).

More Disclosures

• 
  Consumers must be told how long it will take them to pay off a balance if they only make minimum payments.
• 
  Credit card agreements must be made available online.
• 
  Statements need to include the payment due date, the minimum amount due, the ending balance and late fee information.

Protections for People Under 21

• 
  Under the Act, people under 21 will only be able to get a credit card with proof they can make payments on their own, or with the help of an adult co-signer.
• 
  The Act restricts incentives given to students who sign up for credit cards.
  
  The listed items address the "theft" I was referencing. Anything outside of that concerning this exchange is conjectural as well as specious. For example:
  
  

  You said that poor people have no choice in borrowing which is why they fall into these traps, which you claim the CARD Act was needed. Correct?

• I assume poor people, as a rule of thumb, do not have good credit and are lured by subprime credit card offers. The CARD Act limits the fees that can be charged on such cards. I was right again…. My only regret is I allowed you and ray to lure me into this off topic sideshow for so long.

I can not stand this thread title and wish you'd stop being suckered into advancing it.

This is classic Republicans trying to control the message.

Do Republicans think corporations should be tax free like churches?

I am a far right Conservative. I do not believe corporations should be tax-free but the current draconian rate accomplishes nothing but discourage bringing money into the country and moving headquarters and jobs out.

Reduce the corporate tax rate to 10-15% and watch the revenues grow.

The actual rate is 12.

Lets put a typical figure on that debt. Maybe then you can understand it better:

How The $1.2 Trillion College Debt Crisis Is Crippling Students, Parents And The Economy

Two-thirds, that’s right, two-thirds of students graduating from American colleges and universities are graduating with some level of debt. How much? According to The Institute for College Access and Success (TICAS) Project on Student Debt, the average borrower will graduate $26,600 in the red. While we’ve all heard the screaming headlines of graduates with crippling debt of $100,000 or more, this is the case for only about 1% of graduates. That said, one in 10 graduates accumulate more than $40,000.

Overall, the national student debt is 1.2 Trillion!

I know all about the student loan bubble. It will be the next bubble to burst.

"Twenty percent of all federal loan borrowers have defaulted on their loans, according to new data released by the federal government last week. That translates into $121 billion of loans in default. That same data show 40% of all borrowers are not making any payments, and are in some sort of forbearance, delinquency or default.

Default — the worst category — occurs when a borrower hasn't made a payment in more than 270 days."

"This is a slow-moving disaster," Jason Delisle, director of the Federal Education Budget Project at New America, told the Free Press. "Why no hearings on Capitol Hill? Why isn't the administration talking about it more?"

$121B in student loans are in default across U.S.

You left out the auto loans, house loans and others which most do not have. They have these student loans hanging on them making it difficult or impossible for them to borrow even more money.

As with the housing collapse, student loans are going to collapse for the same reason. They made them too easy to obtain with unreal repayment plans.

Those easy student loans have caused the cost of tuition to skyrocket.

Then there's the whole middle class and country going to hell under Reaganist tax rates/policy, toxic GOP college loans, etc etc....no price competition from low priced public U's anymore. Thanks GOP.

The low and middle-income workers have been suffering in the past 7 1/2 years and you want to blame President Reagan?

Who reduced the standards for mortgages causing the mortgage/housing/financial meltdown, among other Democrat policies?

Who reduced the standards for student loans causing the cost of tuition to skyrocket in all universities?

Boooshie regulators and their pals at PRIVATE lending institutions like Countrywide, duh dupe.

Who turned loans over to banks who made rates ridiculous? Who changed laws to make online colleges a giant scam, 40% of all defaults, in just a few years? You wouldn't be told that, dupe.

Who raised tuition at Public U's and who

Democrats actions leading to Mortgage Collapse B.B.

From New York Times
Fannie Mae Eases Credit To Aid Mortgage Lending
http://www.nytimes.com/1999/09/30/business/fannie-mae-eases-credit-to-aid-mortgage-lending.html


From Bloomberg News
How the Democrats Created the Financial Crisis
http://www.bloomberg.com/apps/news?pid=newsarchive&refer=columnist_hassett&sid=aSKSoiNbnQY0


The Administration’s Unheeded Warnings About the Systemic Risk Posed by the GSEs, ie Fannie, Freddie etc.)
Just the Facts: The Administration's Unheeded Warnings About the Systemic Risk Posed by the GSEs


Timeline shows Bush, McCain warning Democrats of Financial Crisis; Meltdown


The Wall Street Journal Barney’s Rubble
Barney's Rubble

All total crap. Funny how F+F's market share went down 50-70% in 2003, eh, dupe?

 

[francoHFW]

Lets put a typical figure on that debt. Maybe then you can understand it better:

How The $1.2 Trillion College Debt Crisis Is Crippling Students, Parents And The Economy

Two-thirds, that’s right, two-thirds of students graduating from American colleges and universities are graduating with some level of debt. How much? According to The Institute for College Access and Success (TICAS) Project on Student Debt, the average borrower will graduate $26,600 in the red. While we’ve all heard the screaming headlines of graduates with crippling debt of $100,000 or more, this is the case for only about 1% of graduates. That said, one in 10 graduates accumulate more than $40,000.

Overall, the national student debt is 1.2 Trillion!

I know all about the student loan bubble. It will be the next bubble to burst.

"Twenty percent of all federal loan borrowers have defaulted on their loans, according to new data released by the federal government last week. That translates into $121 billion of loans in default. That same data show 40% of all borrowers are not making any payments, and are in some sort of forbearance, delinquency or default.

Default — the worst category — occurs when a borrower hasn't made a payment in more than 270 days."

"This is a slow-moving disaster," Jason Delisle, director of the Federal Education Budget Project at New America, told the Free Press. "Why no hearings on Capitol Hill? Why isn't the administration talking about it more?"

$121B in student loans are in default across U.S.

You left out the auto loans, house loans and others which most do not have. They have these student loans hanging on them making it difficult or impossible for them to borrow even more money.

As with the housing collapse, student loans are going to collapse for the same reason. They made them too easy to obtain with unreal repayment plans.

Those easy student loans have caused the cost of tuition to skyrocket.

Then there's the whole middle class and country going to hell under Reaganist tax rates/policy, toxic GOP college loans, etc etc....no price competition from low priced public U's anymore. Thanks GOP.

The low and middle-income workers have been suffering in the past 7 1/2 years and you want to blame President Reagan?

Who reduced the standards for mortgages causing the mortgage/housing/financial meltdown, among other Democrat policies?

Who reduced the standards for student loans causing the cost of tuition to skyrocket in all universities?

Boooshie regulators and their pals at PRIVATE lending institutions like Countrywide, duh dupe.

Who turned loans over to banks who made rates ridiculous? Who changed laws to make online colleges a giant scam, 40% of all defaults, in just a few years? You wouldn't be told that, dupe.

Who raised tuition at Public U's and who

Mashup of Maxine Waters & Barney Frank - Then Vs. Now

Embedded media from this media site is no longer available

The Bet That Blew Up Wall Street
Steve Kroft On Credit Default Swaps And Their Central Role In The Unfolding Economic Crisis
The Bet That Blew Up Wall Street


Bush Called For Reform 17 Times In 2008 ALONE, here dating back to 2001! Duplicate of Whitehouse.archives Bush Called For Reform 17 Times In 2008 | Sweetness & Light

F+F had nothing to do with it, and Boooosh wanted to wreck it...

 

[francoHFW]

Lets put a typical figure on that debt. Maybe then you can understand it better:

How The $1.2 Trillion College Debt Crisis Is Crippling Students, Parents And The Economy

Two-thirds, that’s right, two-thirds of students graduating from American colleges and universities are graduating with some level of debt. How much? According to The Institute for College Access and Success (TICAS) Project on Student Debt, the average borrower will graduate $26,600 in the red. While we’ve all heard the screaming headlines of graduates with crippling debt of $100,000 or more, this is the case for only about 1% of graduates. That said, one in 10 graduates accumulate more than $40,000.

Overall, the national student debt is 1.2 Trillion!

I know all about the student loan bubble. It will be the next bubble to burst.

"Twenty percent of all federal loan borrowers have defaulted on their loans, according to new data released by the federal government last week. That translates into $121 billion of loans in default. That same data show 40% of all borrowers are not making any payments, and are in some sort of forbearance, delinquency or default.

Default — the worst category — occurs when a borrower hasn't made a payment in more than 270 days."

"This is a slow-moving disaster," Jason Delisle, director of the Federal Education Budget Project at New America, told the Free Press. "Why no hearings on Capitol Hill? Why isn't the administration talking about it more?"

$121B in student loans are in default across U.S.

You left out the auto loans, house loans and others which most do not have. They have these student loans hanging on them making it difficult or impossible for them to borrow even more money.

As with the housing collapse, student loans are going to collapse for the same reason. They made them too easy to obtain with unreal repayment plans.

Those easy student loans have caused the cost of tuition to skyrocket.

Then there's the whole middle class and country going to hell under Reaganist tax rates/policy, toxic GOP college loans, etc etc....no price competition from low priced public U's anymore. Thanks GOP.

The low and middle-income workers have been suffering in the past 7 1/2 years and you want to blame President Reagan?

Who reduced the standards for mortgages causing the mortgage/housing/financial meltdown, among other Democrat policies?

Who reduced the standards for student loans causing the cost of tuition to skyrocket in all universities?

Boooshie regulators and their pals at PRIVATE lending institutions like Countrywide, duh dupe.

Who turned loans over to banks who made rates ridiculous? Who changed laws to make online colleges a giant scam, 40% of all defaults, in just a few years? You wouldn't be told that, dupe.

Who raised tuition at Public U's and who

Democrats actions leading to Mortgage Collapse B.B.

From New York Times
Fannie Mae Eases Credit To Aid Mortgage Lending
http://www.nytimes.com/1999/09/30/business/fannie-mae-eases-credit-to-aid-mortgage-lending.html


From Bloomberg News
How the Democrats Created the Financial Crisis
http://www.bloomberg.com/apps/news?pid=newsarchive&refer=columnist_hassett&sid=aSKSoiNbnQY0


The Administration’s Unheeded Warnings About the Systemic Risk Posed by the GSEs, ie Fannie, Freddie etc.)
Just the Facts: The Administration's Unheeded Warnings About the Systemic Risk Posed by the GSEs


Timeline shows Bush, McCain warning Democrats of Financial Crisis; Meltdown


The Wall Street Journal Barney’s Rubble
Barney's Rubble

Just like that, dupe.

 

[Markle]

I know you mean well Sealy but I'm not going to be controlled by ANYBODY, that includes you. I may or may not respond here. Its my choice. But thanks for the support any way. Hope there are no hard feelings.

Not at all. Im asking not telling. Just a suggestion. And i dont really care i just like shutting down right wing threads that push a bullshit premise. In my thread I'm asking if Republicans believe corporations should pay no taxes. See, this thread is bs because we don't want to tax corporations more unless we find out they aren't paying their fair share. We found out GE isn't paying taxes. So Republican idiots, please tell me you don't think ge should pay more than zero.

The answer you keep asking for is stupid GOP common sense that means nothing in the real world, dupe. You are obsessed with Pubcrappe. A brainwashed functional moron. The New BS GOP rapes you and the country every day and makes you propaganda babbling zombies.
IF GE paid $10 BILLION in taxes, where would that money come from?

GE pays NOTHING in taxes, dupe. Could you cut the infantile BS?

Grow up. I said IF! Care to try again?

The answer you keep asking for is stupid GOP common sense that means nothing in the real world, dupe. You are obsessed with Pubcrappe. A brainwashed functional moron. The New BS GOP rapes you and the country every day and makes you propaganda babbling zombies.

Thank you for boldly stating that you have nothing.

Ahhh...life is good. Few things are more pleasant than basking in the warm glow radiating from the hate and vitriol of a Progressive! Keep up the good work!

 

[Markle]

I never said the Credit Card Act lowered the costs of borrowing or that it eliminated additional fees. Ray was standing on a soap box and created that straw man to make it seem that I held a position he could argue against. You two have that skill in common. I can't be wrong about something I never said. I mentioned the Credit Card Act as an adjunct to the premise of reform, nothing more. Ray took off on a tangent that devalued the gains given to consumers and focused on his own perspective about higher fees and less accessibility. Hell, he didn't like it but even YOU agreed that it was a good thing. I wasn't wrong abut that and neither were YOU!

You said:

Obama isn't so dumb. I think he is quite bright and possibly one of our best presidents ever. Yes, he with the help of Congress reduced the abject theft credit card companies were perpetrating upon the American consumers.

and

Poor people generally can't even get credit because they can't qualify for anything more than the usurious rates offered by loan sharks. But some have no choice and they fall into the trap just as their well paid American neighbors do. MIss a payment and even the mainstream credit card companies jack up the rates and report you to one of the three credit bureaus…thereby ruining your credit and hindering you even further.

Reduce abject theft of credit card companies? So increasing interest rates, and annual fees, on all borrowers instead of just those who failed to pay on time, is "reducing abject theft" in your left-wing world?

You said that poor people have no choice in borrowing which is why they fall into these traps, which you claim the CARD Act was needed. Correct?

But I just proved that the result of the CARD Act was to reduce credit to these very people. It didn't reduce costs and fees.... it reduce the credit availability.

You were wrong. Ray, was right.

I wasn't wrong. The abject theft of SOME ( I should have included the term" some" in my original statement but I didn't) credit card companies ( mainly banks) was curtailed by the Credit Card Act. Here are examples of the theft I was talking about:


Safeguards Against Rate Increases

• 
  Under the Credit CARD Act, rate increases aren’t allowed during the first year, and promotional rates need to last at least six months.
• 
  The Act prohibits "double cycle billing," where credit card holders are charged interest on debt that’s paid on time during a grace period.
• 
  It prohibits "universal default," where a lender changes a loan to default terms because the consumer has defaulted on a loan with another lender.
• 
  After the first year, cardholders must be told about major account changes 45 days before they take effect. New rates can’t start until 14 days after the notice is mailed. The cardholder has the option to cancel the account and pay off the balance at the existing rate.
  
  Those four major points of the Credit Card Act did curtail the abject thievery of some credit card entities. I don't care how you twist it, the transparency and pro consumer reforms saved many people a lot of money. I was right. The theft WAS reduced as I said. I did not say it was eliminated!
  
  
  Other restrictions that kept credit card gouging down include:

Improved Billing Practices

• 
  The Credit CARD Act gives consumers 21 days to pay their monthly credit card bills (compared to the former minimum of 14 days).
• 
  Payment due dates must be the same day of each month, and consumers need to be allowed three weeks between the time a bill is mailed and when it’s due.
• 
  Credit card statements need to be in a specific font so they can be read easily.

Fee Restrictions

• 
  In almost all cases, consumers can’t be charged for the method they use to pay their credit card bill.
• 
  The Credit CARD Act limits fees consumers can be charged for spending over their credit limits.
• 
  There are new limits to the fees consumers can be charged on subprime cards (cards with higher rates and fewer rewards).

More Disclosures

• 
  Consumers must be told how long it will take them to pay off a balance if they only make minimum payments.
• 
  Credit card agreements must be made available online.
• 
  Statements need to include the payment due date, the minimum amount due, the ending balance and late fee information.

Protections for People Under 21

• 
  Under the Act, people under 21 will only be able to get a credit card with proof they can make payments on their own, or with the help of an adult co-signer.
• 
  The Act restricts incentives given to students who sign up for credit cards.
  
  The listed items address the "theft" I was referencing. Anything outside of that concerning this exchange is conjectural as well as specious. For example:
  
  

  You said that poor people have no choice in borrowing which is why they fall into these traps, which you claim the CARD Act was needed. Correct?

• I assume poor people, as a rule of thumb, do not have good credit and are lured by subprime credit card offers. The CARD Act limits the fees that can be charged on such cards. I was right again…. My only regret is I allowed you and ray to lure me into this off topic sideshow for so long.

I can not stand this thread title and wish you'd stop being suckered into advancing it.

This is classic Republicans trying to control the message.

Do Republicans think corporations should be tax free like churches?

I am a far right Conservative. I do not believe corporations should be tax-free but the current draconian rate accomplishes nothing but discourage bringing money into the country and moving headquarters and jobs out.

Reduce the corporate tax rate to 10-15% and watch the revenues grow.

The actual rate is 12.

I know all about the student loan bubble. It will be the next bubble to burst.

"Twenty percent of all federal loan borrowers have defaulted on their loans, according to new data released by the federal government last week. That translates into $121 billion of loans in default. That same data show 40% of all borrowers are not making any payments, and are in some sort of forbearance, delinquency or default.

Default — the worst category — occurs when a borrower hasn't made a payment in more than 270 days."

"This is a slow-moving disaster," Jason Delisle, director of the Federal Education Budget Project at New America, told the Free Press. "Why no hearings on Capitol Hill? Why isn't the administration talking about it more?"

$121B in student loans are in default across U.S.

You left out the auto loans, house loans and others which most do not have. They have these student loans hanging on them making it difficult or impossible for them to borrow even more money.

As with the housing collapse, student loans are going to collapse for the same reason. They made them too easy to obtain with unreal repayment plans.

Those easy student loans have caused the cost of tuition to skyrocket.

Then there's the whole middle class and country going to hell under Reaganist tax rates/policy, toxic GOP college loans, etc etc....no price competition from low priced public U's anymore. Thanks GOP.

The low and middle-income workers have been suffering in the past 7 1/2 years and you want to blame President Reagan?

Who reduced the standards for mortgages causing the mortgage/housing/financial meltdown, among other Democrat policies?

Who reduced the standards for student loans causing the cost of tuition to skyrocket in all universities?

Boooshie regulators and their pals at PRIVATE lending institutions like Countrywide, duh dupe.

Who turned loans over to banks who made rates ridiculous? Who changed laws to make online colleges a giant scam, 40% of all defaults, in just a few years? You wouldn't be told that, dupe.

Who raised tuition at Public U's and who

Democrats actions leading to Mortgage Collapse B.B.

From New York Times
Fannie Mae Eases Credit To Aid Mortgage Lending
http://www.nytimes.com/1999/09/30/business/fannie-mae-eases-credit-to-aid-mortgage-lending.html


From Bloomberg News
How the Democrats Created the Financial Crisis
http://www.bloomberg.com/apps/news?pid=newsarchive&refer=columnist_hassett&sid=aSKSoiNbnQY0


The Administration’s Unheeded Warnings About the Systemic Risk Posed by the GSEs, ie Fannie, Freddie etc.)
Just the Facts: The Administration's Unheeded Warnings About the Systemic Risk Posed by the GSEs


Timeline shows Bush, McCain warning Democrats of Financial Crisis; Meltdown


The Wall Street Journal Barney’s Rubble
Barney's Rubble

All total crap. Funny how F+F's market share went down 50-70% in 2003, eh, dupe?

Sorry all my FACTS, SOURCES AND LINKS embarrass you.

 

[francoHFW]

Not at all. Im asking not telling. Just a suggestion. And i dont really care i just like shutting down right wing threads that push a bullshit premise. In my thread I'm asking if Republicans believe corporations should pay no taxes. See, this thread is bs because we don't want to tax corporations more unless we find out they aren't paying their fair share. We found out GE isn't paying taxes. So Republican idiots, please tell me you don't think ge should pay more than zero.

The answer you keep asking for is stupid GOP common sense that means nothing in the real world, dupe. You are obsessed with Pubcrappe. A brainwashed functional moron. The New BS GOP rapes you and the country every day and makes you propaganda babbling zombies.
IF GE paid $10 BILLION in taxes, where would that money come from?

GE pays NOTHING in taxes, dupe. Could you cut the infantile BS?

Grow up. I said IF! Care to try again?

The answer you keep asking for is stupid GOP common sense that means nothing in the real world, dupe. You are obsessed with Pubcrappe. A brainwashed functional moron. The New BS GOP rapes you and the country every day and makes you propaganda babbling zombies.

Thank you for boldly stating that you have nothing.

Ahhh...life is good. Few things are more pleasant than basking in the warm glow radiating from the hate and vitriol of a Progressive! Keep up the good work!

I don't mind you a bit. You're probably a fine fellow. It's just you're highly misinformed. Your media is a disgrace, dupe. You're only this thick because you're brainwashed, dupe. lol. Luckily only 40% can't think any more.


see sig last line- then memorize the whole thing. All FACT. PP1 is from 2007

 

[francoHFW]

You said:

and

Reduce abject theft of credit card companies? So increasing interest rates, and annual fees, on all borrowers instead of just those who failed to pay on time, is "reducing abject theft" in your left-wing world?

You said that poor people have no choice in borrowing which is why they fall into these traps, which you claim the CARD Act was needed. Correct?

But I just proved that the result of the CARD Act was to reduce credit to these very people. It didn't reduce costs and fees.... it reduce the credit availability.

You were wrong. Ray, was right.

I wasn't wrong. The abject theft of SOME ( I should have included the term" some" in my original statement but I didn't) credit card companies ( mainly banks) was curtailed by the Credit Card Act. Here are examples of the theft I was talking about:


Safeguards Against Rate Increases

• 
  Under the Credit CARD Act, rate increases aren’t allowed during the first year, and promotional rates need to last at least six months.
• 
  The Act prohibits "double cycle billing," where credit card holders are charged interest on debt that’s paid on time during a grace period.
• 
  It prohibits "universal default," where a lender changes a loan to default terms because the consumer has defaulted on a loan with another lender.
• 
  After the first year, cardholders must be told about major account changes 45 days before they take effect. New rates can’t start until 14 days after the notice is mailed. The cardholder has the option to cancel the account and pay off the balance at the existing rate.
  
  Those four major points of the Credit Card Act did curtail the abject thievery of some credit card entities. I don't care how you twist it, the transparency and pro consumer reforms saved many people a lot of money. I was right. The theft WAS reduced as I said. I did not say it was eliminated!
  
  
  Other restrictions that kept credit card gouging down include:

Improved Billing Practices

• 
  The Credit CARD Act gives consumers 21 days to pay their monthly credit card bills (compared to the former minimum of 14 days).
• 
  Payment due dates must be the same day of each month, and consumers need to be allowed three weeks between the time a bill is mailed and when it’s due.
• 
  Credit card statements need to be in a specific font so they can be read easily.

Fee Restrictions

• 
  In almost all cases, consumers can’t be charged for the method they use to pay their credit card bill.
• 
  The Credit CARD Act limits fees consumers can be charged for spending over their credit limits.
• 
  There are new limits to the fees consumers can be charged on subprime cards (cards with higher rates and fewer rewards).

More Disclosures

• 
  Consumers must be told how long it will take them to pay off a balance if they only make minimum payments.
• 
  Credit card agreements must be made available online.
• 
  Statements need to include the payment due date, the minimum amount due, the ending balance and late fee information.

Protections for People Under 21

• 
  Under the Act, people under 21 will only be able to get a credit card with proof they can make payments on their own, or with the help of an adult co-signer.
• 
  The Act restricts incentives given to students who sign up for credit cards.
  
  The listed items address the "theft" I was referencing. Anything outside of that concerning this exchange is conjectural as well as specious. For example:
  
  

  You said that poor people have no choice in borrowing which is why they fall into these traps, which you claim the CARD Act was needed. Correct?

• I assume poor people, as a rule of thumb, do not have good credit and are lured by subprime credit card offers. The CARD Act limits the fees that can be charged on such cards. I was right again…. My only regret is I allowed you and ray to lure me into this off topic sideshow for so long.

I can not stand this thread title and wish you'd stop being suckered into advancing it.

This is classic Republicans trying to control the message.

Do Republicans think corporations should be tax free like churches?

I am a far right Conservative. I do not believe corporations should be tax-free but the current draconian rate accomplishes nothing but discourage bringing money into the country and moving headquarters and jobs out.

Reduce the corporate tax rate to 10-15% and watch the revenues grow.

The actual rate is 12.

Then there's the whole middle class and country going to hell under Reaganist tax rates/policy, toxic GOP college loans, etc etc....no price competition from low priced public U's anymore. Thanks GOP.

The low and middle-income workers have been suffering in the past 7 1/2 years and you want to blame President Reagan?

Who reduced the standards for mortgages causing the mortgage/housing/financial meltdown, among other Democrat policies?

Who reduced the standards for student loans causing the cost of tuition to skyrocket in all universities?

Boooshie regulators and their pals at PRIVATE lending institutions like Countrywide, duh dupe.

Who turned loans over to banks who made rates ridiculous? Who changed laws to make online colleges a giant scam, 40% of all defaults, in just a few years? You wouldn't be told that, dupe.

Who raised tuition at Public U's and who

Democrats actions leading to Mortgage Collapse B.B.

From New York Times
Fannie Mae Eases Credit To Aid Mortgage Lending
http://www.nytimes.com/1999/09/30/business/fannie-mae-eases-credit-to-aid-mortgage-lending.html


From Bloomberg News
How the Democrats Created the Financial Crisis
http://www.bloomberg.com/apps/news?pid=newsarchive&refer=columnist_hassett&sid=aSKSoiNbnQY0


The Administration’s Unheeded Warnings About the Systemic Risk Posed by the GSEs, ie Fannie, Freddie etc.)
Just the Facts: The Administration's Unheeded Warnings About the Systemic Risk Posed by the GSEs


Timeline shows Bush, McCain warning Democrats of Financial Crisis; Meltdown


The Wall Street Journal Barney’s Rubble
Barney's Rubble

All total crap. Funny how F+F's market share went down 50-70% in 2003, eh, dupe?

Sorry all my FACTS, SOURCES AND LINKS embarrass you.

Sorry, all out of context. Either 2001- usual GOP attack on F+F, or 2008, too late. Ridiculous propaganda, dupe.

 

[Spare_change]

I am absolutely amazed that y'all can argue for 182 pages, and from what I read, 90% of you don't know what the hell you're talking about.

But ... I must admit ... it is entertaining.

Kinda like watching the Simpsons.

Or a train wreck.

 

[francoHFW]

I am absolutely amazed that y'all can argue for 182 pages, and from what I read, 90% of you don't know what the hell you're talking about.

But ... I must admit ... it is entertaining.

Kinda like watching the Simpsons.

Or a train wreck.

That would be the GOPers. But thank you, o sage....

 

[Andylusion]

You've got it wrong.The last several posts weren't advancing the title of the thread at all. But I do sympathize with you. The thread was started by a troll and his troll friends have been desperately trying to keep it alive. I feel ya, bro.

I started another thread, "do Republicans think corporations should pay no taxes" and they're having a hard time admitting it.

Damn it! By replying to you and you me we are advancing this thread. Come find my thread. We control the message not them.

BTW they say corporations should pay 15% and so should everyone. Is that fair? Would it work? Don't reply here. Fuck this thread it bothers the hell out of me. Dumb cons

I know you mean well Sealy but I'm not going to be controlled by ANYBODY, that includes you. I may or may not respond here. Its my choice. But thanks for the support any way. Hope there are no hard feelings.

Not at all. Im asking not telling. Just a suggestion. And i dont really care i just like shutting down right wing threads that push a bullshit premise. In my thread I'm asking if Republicans believe corporations should pay no taxes. See, this thread is bs because we don't want to tax corporations more unless we find out they aren't paying their fair share. We found out GE isn't paying taxes. So Republican idiots, please tell me you don't think ge should pay more than zero.

IF GE paid $10 BILLION in taxes, where would that money come from?

Profits

Hahaha....

You people.

See it's arugments like this, that drive people on the right crazy, because we can't even argue the topic. I first have to argue your ignorance.

We found out GE isn't paying taxes.

What the heck?? See, how are we supposed to discuss the topic, when I first have to educate the incompetence?

There is no company in this country that doesn't pay TONS in taxes. But the left-wing is so ignorant, that some idiot claims they don't pay tax, and you don't even fact check it??

GE 1st Quarter 2015 Earnings Webcast

It required less than FIVE MINUTES for me to find the GE investor relations publication, and see page 12, TAX $6 BILLION DOLLARS... in ONE QUARTER. Just one quarter of 2015, they paid $6 Billion dollars in taxes.

We found out GE isn't paying taxes.......... Would you care to change your statement sir?

And let's even say that GE did pay your ADDITIONAL $10 Billion in tax out of profits. Is that a good thing in your world? What do you think companies do with profits?

They expand the business, which creates jobs? They renovate existing business, which protects existing jobs? They pay the share holders, which is who? 401Ks, Pensions..... you know.... US?? So let's take money away so fewer jobs are created, more jobs are lost, and people have less money to retire with.... AND THIS IS GOOD IN YOUR WORLD??? HUH?!?

Oh and by the way..... you lower profitability of investing in the US, and then complain companies like GE are shipping jobs overseas???? HOW IS THIS A PLUS??!!!??!

GAH...... .... these people....

 

[sealybobo]

I started another thread, "do Republicans think corporations should pay no taxes" and they're having a hard time admitting it.

Damn it! By replying to you and you me we are advancing this thread. Come find my thread. We control the message not them.

BTW they say corporations should pay 15% and so should everyone. Is that fair? Would it work? Don't reply here. Fuck this thread it bothers the hell out of me. Dumb cons

I know you mean well Sealy but I'm not going to be controlled by ANYBODY, that includes you. I may or may not respond here. Its my choice. But thanks for the support any way. Hope there are no hard feelings.

Not at all. Im asking not telling. Just a suggestion. And i dont really care i just like shutting down right wing threads that push a bullshit premise. In my thread I'm asking if Republicans believe corporations should pay no taxes. See, this thread is bs because we don't want to tax corporations more unless we find out they aren't paying their fair share. We found out GE isn't paying taxes. So Republican idiots, please tell me you don't think ge should pay more than zero.

IF GE paid $10 BILLION in taxes, where would that money come from?

Profits

Not even close. Customers of GE products would have paid $10 BILLION more for the cost of the products they bought.

I take it that you know Jeffrey Immelt, CEO of GE is a friend of Lame Duck President Barack Hussein Obama and served Obama as his JOBS CZAR.

You just can't make anything like this up.

So stupid.

 

[sealybobo]

I started another thread, "do Republicans think corporations should pay no taxes" and they're having a hard time admitting it.

Damn it! By replying to you and you me we are advancing this thread. Come find my thread. We control the message not them.

BTW they say corporations should pay 15% and so should everyone. Is that fair? Would it work? Don't reply here. Fuck this thread it bothers the hell out of me. Dumb cons

I know you mean well Sealy but I'm not going to be controlled by ANYBODY, that includes you. I may or may not respond here. Its my choice. But thanks for the support any way. Hope there are no hard feelings.

Not at all. Im asking not telling. Just a suggestion. And i dont really care i just like shutting down right wing threads that push a bullshit premise. In my thread I'm asking if Republicans believe corporations should pay no taxes. See, this thread is bs because we don't want to tax corporations more unless we find out they aren't paying their fair share. We found out GE isn't paying taxes. So Republican idiots, please tell me you don't think ge should pay more than zero.

IF GE paid $10 BILLION in taxes, where would that money come from?

Profits

Hahaha....

You people.

See it's arugments like this, that drive people on the right crazy, because we can't even argue the topic. I first have to argue your ignorance.

We found out GE isn't paying taxes.

What the heck?? See, how are we supposed to discuss the topic, when I first have to educate the incompetence?

There is no company in this country that doesn't pay TONS in taxes. But the left-wing is so ignorant, that some idiot claims they don't pay tax, and you don't even fact check it??

GE 1st Quarter 2015 Earnings Webcast

It required less than FIVE MINUTES for me to find the GE investor relations publication, and see page 12, TAX $6 BILLION DOLLARS... in ONE QUARTER. Just one quarter of 2015, they paid $6 Billion dollars in taxes.

We found out GE isn't paying taxes.......... Would you care to change your statement sir?

And let's even say that GE did pay your ADDITIONAL $10 Billion in tax out of profits. Is that a good thing in your world? What do you think companies do with profits?

They expand the business, which creates jobs? They renovate existing business, which protects existing jobs? They pay the share holders, which is who? 401Ks, Pensions..... you know.... US?? So let's take money away so fewer jobs are created, more jobs are lost, and people have less money to retire with.... AND THIS IS GOOD IN YOUR WORLD??? HUH?!?

Oh and by the way..... you lower profitability of investing in the US, and then complain companies like GE are shipping jobs overseas???? HOW IS THIS A PLUS??!!!??!

GAH...... .... these people....

So does ge pay taxes or not? Seems like when you're bashing Obama you admit they don't but now you say they do. This is why we hate talking to people on the right.

 

[JQPublic1]

I know you mean well Sealy but I'm not going to be controlled by ANYBODY, that includes you. I may or may not respond here. Its my choice. But thanks for the support any way. Hope there are no hard feelings.

Not at all. Im asking not telling. Just a suggestion. And i dont really care i just like shutting down right wing threads that push a bullshit premise. In my thread I'm asking if Republicans believe corporations should pay no taxes. See, this thread is bs because we don't want to tax corporations more unless we find out they aren't paying their fair share. We found out GE isn't paying taxes. So Republican idiots, please tell me you don't think ge should pay more than zero.

IF GE paid $10 BILLION in taxes, where would that money come from?

Profits

Hahaha....

You people.

See it's arugments like this, that drive people on the right crazy, because we can't even argue the topic. I first have to argue your ignorance.

We found out GE isn't paying taxes.

What the heck?? See, how are we supposed to discuss the topic, when I first have to educate the incompetence?

There is no company in this country that doesn't pay TONS in taxes. But the left-wing is so ignorant, that some idiot claims they don't pay tax, and you don't even fact check it??

GE 1st Quarter 2015 Earnings Webcast

It required less than FIVE MINUTES for me to find the GE investor relations publication, and see page 12, TAX $6 BILLION DOLLARS... in ONE QUARTER. Just one quarter of 2015, they paid $6 Billion dollars in taxes.

We found out GE isn't paying taxes.......... Would you care to change your statement sir?

And let's even say that GE did pay your ADDITIONAL $10 Billion in tax out of profits. Is that a good thing in your world? What do you think companies do with profits?

They expand the business, which creates jobs? They renovate existing business, which protects existing jobs? They pay the share holders, which is who? 401Ks, Pensions..... you know.... US?? So let's take money away so fewer jobs are created, more jobs are lost, and people have less money to retire with.... AND THIS IS GOOD IN YOUR WORLD??? HUH?!?

Oh and by the way..... you lower profitability of investing in the US, and then complain companies like GE are shipping jobs overseas???? HOW IS THIS A PLUS??!!!??!

GAH...... .... these people....

So does ge pay taxes or not? Seems like when you're bashing Obama you admit they don't but now you say they do. This is why we hate talking to people on the right.

I'd like to see you take your own advise. Just wishful thinking on my part. He keeps suckering you in and you fall for it every time!