Wall St. building another bubble!

[Soggy in NOLA]

Everyone got tax cuts under Bush, you fucking silly LOLberal reject.

Didn't look at it did you? I remember the Reagan cuts in the early eighties. A millionaire got enough to buy a new mercedes and an ordinary middle class worker got enough to buy a muffler for one:

So what you're saying is that the rich pay a lot more in actual dollar amounts for the tax bracket than those who make less?

Can you guys keep your story straight? Of course a rich person with a tax break can afford to buy more than a lower income person with a tax break. it's fucking 1st grade math, you thundering dunderhead.

Not to mention, how does someone get a tax break that gets EIC checks every year?

 

[Cammmpbell]

Oh lookie.

Cammmmphell pretending that 30 year post WW2 period - when the rest of the industrialized world lay in bombed out ruin - is relevant to the modern world.

LOL

What I presented shows exactly what the Reagan and Bush tax cuts did to the middle class.....or what used to be the middle class:

Total U S Debt


09/30/2009 $11,909,829,003,511.75(80% Of All Debt Across 232 Years Borrowed By Reagan And Bushes)

09/30/2008 $10,024,724,896,912.49(Times Square Debt Clock Modified To Accomodate Tens of Trillions)

09/30/2007 $9,007,653,372,262.48
09/30/2006 $8,506,973,899,215.23
09/30/2005 $7,932,709,661,723.50
09/30/2004 $7,379,052,696,330.32

09/30/2003 $6,783,231,062,743.62(Second Bush Tax Cuts Enacted Using Reconciliation)


09/30/2002 $6,228,235,965,597.16

09/30/2001 $5,807,463,412,200.06(First Bush Tax Cuts Enacted Using Reconciliation)


09/30/2000 $5,674,178,209,886.86(Administration And Congress Arguing About How To Use Surplus)

09/30/1999 $5,656,270,901,615.43(First Surplus Generated...On Track To Pay Off Debt By 2012)

09/30/1998 $5,526,193,008,897.62
09/30/1997 $5,413,146,011,397.34
09/30/1996 $5,224,810,939,135.73
09/29/1995 $4,973,982,900,709.39
09/30/1994 $4,692,749,910,013.32

09/30/1993 $4,411,488,883,139.38(Debt Quadrupled By Reagan/Bush41)

09/30/1992 $4,064,620,655,521.66
09/30/1991 $3,665,303,351,697.03
09/28/1990 $3,233,313,451,777.25
09/29/1989 $2,857,430,960,187.32
09/30/1988 $2,602,337,712,041.16
09/30/1987 $2,350,276,890,953.00
09/30/1986 $2,125,302,616,658.42
09/30/1985 $1,823,103,000,000.00
09/30/1984 $1,572,266,000,000.00
09/30/1983 $1,377,210,000,000.00

09/30/1982 $1,142,034,000,000.00(Total Debt Passes $1 Trillion)

09/30/1981 $997,855,000,000.00

 

[Cammmpbell]

Everyone got tax cuts under Bush, you fucking silly LOLberal reject.

Didn't look at it did you? I remember the Reagan cuts in the early eighties. A millionaire got enough to buy a new mercedes and an ordinary middle class worker got enough to buy a muffler for one:

So what you're saying is that the rich pay a lot more in actual dollar amounts for the tax bracket than those who make less?

Can you guys keep your story straight? Of course a rich person with a tax break can afford to buy more than a lower income person with a tax break. it's fucking 1st grade math, you thundering dunderhead.

I've been around here a long time and the problem is that the rich aren't paying their way. We are approaching the same tax rates for the corporations and very wealthy which were in effect when the great depression began. You remember that.....Hoover and the banks. As in Bush and the banks........'course I know you're too busy watching Fox News to pay attention to any facts:

 

[SniperFire]

Campbell, stuck in that brief and unique 30 year post WW2 and pretending it can ever be duplicated.


LOL

 

[Cammmpbell]

Campbell, stuck in that brief and unique 30 year post WW2 and pretending it can ever be duplicated.
LOL

I know you're ignorant from your remarks.......can you read?

From 1932 till that goddamnd Reagan cut taxes for his rich friends in 1982 the wealthy paid their way in this country. Now the inept, elitist sons-of-bitches don't even interrupt their activites to take part in the foreign wars they declare. You people have been found out!!

 

[SniperFire]

From 1932 till that goddamnd Reagan cut taxes for his rich friends in 1982 the wealthy paid their way in this country.

Today, the wealthy pay their greatest share of the Federal Income tax burden - ever.

And with spending now 1000X more redistributive than in 1932, the rich pay many, many times more of everyone's 'way' than ever before. Get it? The vast majority of gubmint spending now goes DIRECTLY to benevolence of freeloaders.

You are simply a horse's ass, and you cannot refute these facts.

 

[Mr. H.]

Farmers buy more farmland not only for its productive value- $6 corn and $14 beans, but for its value in subsidies.

 

[Cammmpbell]

From 1932 till that goddamnd Reagan cut taxes for his rich friends in 1982 the wealthy paid their way in this country.

Today, the wealthy pay their greatest share of the Federal Income tax burden - ever.

And with spending now 1000X more redistributive than in 1932, the rich pay many, many times more of everyone's 'way' than ever before. Get it? The vast majority of gubmint spending now goes DIRECTLY to benevolence of freeloaders.

You are simply a horse's ass, and you cannot refute these facts.

That is such a crock of shit. The only reason they do based upon your "SELECTED" stats is because the middle has already disappeared. You folks just keep on getting your information from Fox News and the churches and you have won your last election in this country. You might want to relocate to Pakistan or one of the countries which are still a century behind us but your asses are history here.

 

[SniperFire]

From 1932 till that goddamnd Reagan cut taxes for his rich friends in 1982 the wealthy paid their way in this country.

Today, the wealthy pay their greatest share of the Federal Income tax burden - ever.

And with spending now 1000X more redistributive than in 1932, the rich pay many, many times more of everyone's 'way' than ever before. Get it? The vast majority of gubmint spending now goes DIRECTLY to benevolence of freeloaders.

You are simply a horse's ass, and you cannot refute these facts.

That is such a crock of shit. The only reason they do based upon your "SELECTED" stats is because the middle has already disappeared. You folks just keep on getting your information from Fox News and the churches and you have won your last election in this country. You might want to relocate to Pakistan or one of the countries which are still a century behind us but your asses are history here.

Every word, true, assfuck. But go ahead and address the facts if you disagree.

See, you challenged the wrong guy, and I shoved it up your ass.

LOL

 

[Cammmpbell]

Today, the wealthy pay their greatest share of the Federal Income tax burden - ever.

And with spending now 1000X more redistributive than in 1932, the rich pay many, many times more of everyone's 'way' than ever before. Get it? The vast majority of gubmint spending now goes DIRECTLY to benevolence of freeloaders.

You are simply a horse's ass, and you cannot refute these facts.

That is such a crock of shit. The only reason they do based upon your "SELECTED" stats is because the middle has already disappeared. You folks just keep on getting your information from Fox News and the churches and you have won your last election in this country. You might want to relocate to Pakistan or one of the countries which are still a century behind us but your asses are history here.

Every word, true, assfuck. But go ahead and address the facts if you disagree.

See, you challenged the wrong guy, and I shoved it up your ass.

LOL

Ignorant bastards who don't understand that after Bush cut taxes for his wealthy oil buddies twice, started two wars, one totally unnecessary, doubled the national debt, handed nearly a trillion dollars to the biggest banks in the world with no specification about the use of it and wrecked the economy just don't have a right to an opinion. It wouldn't be worth a shit anywhere except Fox News anyway.

 

[GoneBezerk]

Gotta be Buuuuuuuuush's fault since he is still living in the USA, eh?

He is responsible since Texas is somehow closer to Wall Street than the White House.

 

[TakeAStepBack]

You just can not fix stupid. Campbell is a perfect example. No amount of fact will change the religious beliefs about politics that he holds.

Just throws a tantrum and it's on to the next vat of doo doo butter.

 

[SniperFire]

That is such a crock of shit. The only reason they do based upon your "SELECTED" stats is because the middle has already disappeared. You folks just keep on getting your information from Fox News and the churches and you have won your last election in this country. You might want to relocate to Pakistan or one of the countries which are still a century behind us but your asses are history here.

Every word, true, assfuck. But go ahead and address the facts if you disagree.

See, you challenged the wrong guy, and I shoved it up your ass.

LOL

Ignorant bastards who don't understand that after Bush cut taxes for his wealthy oil buddies twice, started two wars, one totally unnecessary, doubled the national debt, handed nearly a trillion dollars to the biggest banks in the world with no specification about the use of it and wrecked the economy just don't have a right to an opinion. It wouldn't be worth a shit anywhere except Fox News anyway.

You are babbling again.

Government spending at ALL LEVELS are many, many times more redistributive than at any time in our history, by VERY LARGE MARGINS.

The 'rich' in American - paying a record share of the tax burden - is therefore paying MANY TIMES MORE THEIR SHARE THAN EVER BEFORE - especially considering the expenditures are going right back to the regular folk in the form of freebies.


Dispute that, cocksucker.

 

[g5000]

They're at it again. This time, they're creating a farm land bubble, just as they did in the 1980's.

When this bubble pops, and it will, everybody will lose except the big investors.


Farmland in demand - latimes.com

Forget about a farmland bubble. The Fed has created a bond bubble which dwarfs all other bubbles.

 

[Cammmpbell]

Every word, true, assfuck. But go ahead and address the facts if you disagree.

See, you challenged the wrong guy, and I shoved it up your ass.

LOL

Ignorant bastards who don't understand that after Bush cut taxes for his wealthy oil buddies twice, started two wars, one totally unnecessary, doubled the national debt, handed nearly a trillion dollars to the biggest banks in the world with no specification about the use of it and wrecked the economy just don't have a right to an opinion. It wouldn't be worth a shit anywhere except Fox News anyway.

You are babbling again.

Government spending at ALL LEVELS are many, many times more redistributive than at any time in our history, by VERY LARGE MARGINS.

The 'rich' in American - paying a record share of the tax burden - is therefore paying MANY TIMES MORE THEIR SHARE THAN EVER BEFORE - especially considering the expenditures are going right back to the regular folk in the form of freebies.


Dispute that, cocksucker.

Just like a Fox News snowball. You don't know shit unless you realize that the day the last Bush budget ended the interest payment due on the Reagan/Bushes debt was nearly a half a trillion dollars. During the four years Obama has been president over 1 1/2 trillion dollars of his accumulated debt has gone to pay the interest on Reagan/Bushes god damned low taxes for the rich and wars galore horse shit:

...............................Annual Interest/National Debt......................................

 

[Mad Scientist]

Yep...and down she goes...leaving the small investors in mutual funds and pension programs to bite it once more.

This time, though, it's farm land they're manipulating. What happens to food production when the bubble bursts? What's the farmer who took their money to do with his farm when the bill comes due?

Pension plans and mutual funds are the definition of big investors. Mutual funds hold almost zero farmland, pension funds only slightly more.

The biggest benefactors of all this "Big Money" buying farmland have been the farmers themselves. Who do you think is selling it to Big Money?

The farmers are, except for those lands already owned by investors. Somebody comes around waving a big check in the face of a farmer just barely getting by and he unwisely jumps at it, essentially making himself a tenant farmer on his own land.

Oh you mean like with Gov't Farm Subsidies?

 

[Mr. H.]

Pension plans and mutual funds are the definition of big investors. Mutual funds hold almost zero farmland, pension funds only slightly more.

The biggest benefactors of all this "Big Money" buying farmland have been the farmers themselves. Who do you think is selling it to Big Money?

The farmers are, except for those lands already owned by investors. Somebody comes around waving a big check in the face of a farmer just barely getting by and he unwisely jumps at it, essentially making himself a tenant farmer on his own land.

Oh you mean like with Gov't Farm Subsidies?

Therein lies much of a farm's value.

 

[SniperFire]

Ignorant bastards who don't understand that after Bush cut taxes for his wealthy oil buddies twice, started two wars, one totally unnecessary, doubled the national debt, handed nearly a trillion dollars to the biggest banks in the world with no specification about the use of it and wrecked the economy just don't have a right to an opinion. It wouldn't be worth a shit anywhere except Fox News anyway.

You are babbling again.

Government spending at ALL LEVELS are many, many times more redistributive than at any time in our history, by VERY LARGE MARGINS.

The 'rich' in American - paying a record share of the tax burden - is therefore paying MANY TIMES MORE THEIR SHARE THAN EVER BEFORE - especially considering the expenditures are going right back to the regular folk in the form of freebies.


Dispute that, cocksucker.

Just like a Fox News snowball. You don't know shit unless you realize that the day the last Bush budget ended the interest payment due on the Reagan/Bushes debt was nearly a half a trillion dollars. During the four years Obama has been president over 1 1/2 trillion dollars of his accumulated debt has gone to pay the interest on Reagan/Bushes god damned low taxes for the rich and wars galore horse shit:

...............................Annual Interest/National Debt....................................

More geriatric babbling.

Obama signed the 2009 budget, only after loading it chock full of giveaways to his homies.

And Reid guaranteed that runaway freeloading would be locked in until this moment by refusing to engage in the budget process.

Government redistributive spending continues to grow uncontrollably, and thanks to our progressive tax systems this means the RICH PAY MUCH MUCH MORE OF THE COST OF GOVERNMENT THAN AT ANY TIME IN OUR HISTORY.

You simply cannot dispute or refute it:

 

[KissMy]

Farm land prices may have peaked out for a while, but it is in no way a bubble. The land was mostly bought with cash, NOT government backed loans. There has to be excessive credit to create a bubble. There has not been excessive credit extended to purchase farm land. Land has been purchased as wealth protection against the Dollar/Bond bubble the same reason as gold is purchased. No farm land owner went bankrupt when crop prices plummeted 60% & their subsidies were ended during the recession. Homeowners, bankers, Wallstreet, manufacturing, etc got bailed out during the recession, but not farmers.

It takes 10 calories worth of grain feed to livestock to yield 1 calorie of meat on your dinner plate. Every time someone in Asia adds meat to their diet of rice, they increase food consumption 1000%. China is driving global food prices. Wealthy people are not stupid. They bought land to hedge against the dollar & take advantage of booming Chinese food demand. Recent climate changes have also damaged huge amounts of global food production.

The main reason land may have peaked for the moment is because raw land that has been cleared by the logging industry & grazed to death by livestock in Brazil is cheap. It is more profitable to build new farms in Brazil than increase production here.

 

[Mad Scientist]

They're at it again. This time, they're creating a farm land bubble, just as they did in the 1980's.

When this bubble pops, and it will, everybody will lose except the big investors.http://www.latimes.com/business/la-fi-farmland-20121226,0,5032283.story?track=lat-pick

Right! Because they'll get a Gov't (Taxpayer) Subsidized Bailout just like the Banksters did!

Small Farmers can fail but Big Agra and Big Insurance is TOO BIG TO FAIL!

Now yer learnin'!