While Patiently-Waiting For Bush Tax-Cuts To DIE...

[mudwhistle]

I wonder how many of those poor people in Brazil have big screen TVs and cell phones. Wouldn't it be refreshing to have a reporter ask Mrs Clinton a question like that?

Your point?

Brazil has its poverty in the big cities, just like <gasp> the good ol' USofA. That doesn't mean they too shouldn't be 'allowed' cell phones or big screen tvs. You (collectively) seem to think that all poor people should live in abject squallor with no enjoyments other than looking from the outside in. That said, its worldwide human development rating isn't as shabby as some people posting here seem to be hoping (for some reason). Brazil ranks 75th in developing nations regarding its treatment of the classes.

List of countries by Human Development Index - Wikipedia, the free encyclopedia

There a different levels of poverty....poverty that doesn't exist in this country but still does in Brazil....which is why there are so many that go into prostitution and the sex trade in that country.

 

[Sarah G]

we were in a depression prior to 2006?

We were getting there. All that money they were throwing into that pit Iraq with no roi and no plan to ever get any of it back was a big part of that failed policy.

Low point in our history those Bush years.

I hope Obama and the Democrats can dig us out. It's why they were elected.

oh poor poor sarawh... it was the democwats who put you theree.. voted for the war voted for all that funding.. then they took power in 2006 and the real slide to ruin began.. .. yepp

Okkk..

 

[mudwhistle]

We were getting there. All that money they were throwing into that pit Iraq with no roi and no plan to ever get any of it back was a big part of that failed policy.

Low point in our history those Bush years.

I hope Obama and the Democrats can dig us out. It's why they were elected.

The Debt was what....$9 trillion when Obama took over [$5 trillion when the Dems took over Congress in 06'] and is now almost $15?

In less then two years it's gone up 60%.

All that cash going to unions....paying bribes to public officials....tying up billions for pipe-dream programs and entitlements....borrowing cash left and right trying to pay for everything....having to pay billions a month for those loans.

How's that Hope n Change working for ya?

Only illiterates belive that bullshit is an adequate analysis.

Only a mind-numb zombie can't see what's going on.

Everything Obama tries is doomed to failure. Cash for Clunkers is just one of his bright ideas. Most of the benefit went to Toyota.

Let's make a list of where some of that cash went.

Billions went to bailing out GM's union pension plans and health plans.

The next bailout will go to bailing out other union's pension plans.

April 13, 2010
DECRYING THE UNION PENSION BAILOUT BILL

Sen. Robert Casey (D-Penn.), wants Americans to bail out union pension plans underfunded by hundreds of billions of dollars. Casey's bill, the Create Jobs and Save Benefits Act of 2010, is similar to that of Reps. Earl Pomeroy (D-N.D.), and Patrick Tiberi (R-Ohio), who seek to bail out pension plans with their proposed Preserve Benefits and Jobs Act of 2009, introduced last fall, says Diana Furchtgott-Roth, a contributing editor of RealClearMarkets and an adjunct fellow at the Manhattan Institute.

Under these bills, the Pension Benefit Guaranty Corporation (PBGC) would, at the request of the plans, have the authority to take over the pension obligations of employers who have withdrawn from the plans, and pay the benefits out of taxpayer dollars, says Furchtgott-Roth:

* Once the PBGC shoulders that obligation, it would keep making payments until the last retiree or designated survivor dies.
* Since many multiemployer plans are in financial difficulty, this legislation, if enacted, could dramatically increase the federal deficit, putting even more pressure on the American taxpayer and the economy.
* Depending on events, it might add billions to government spending -- current underfunding levels are estimated at $165 billion-bumping up future deficits.
DECRYING THE UNION PENSION BAILOUT BILL
Search Results - THOMAS (Library of Congress)

 

[MaggieMae]

The Debt was what....$9 trillion when Obama took over [$5 trillion when the Dems took over Congress in 06'] and is now almost $15?

In less then two years it's gone up 60%.

All that cash going to unions....paying bribes to public officials....tying up billions for pipe-dream programs and entitlements....borrowing cash left and right trying to pay for everything....having to pay billions a month for those loans.

How's that Hope n Change working for ya?

Only illiterates belive that bullshit is an adequate analysis.

Only a mind-numb zombie can't see what's going on.

Everything Obama tries is doomed to failure. Cash for Clunkers is just one of his bright ideas. Most of the benefit went to Toyota.

Let's make a list of where some of that cash went.

Billions went to bailing out GM's union pension plans and health plans.

The next bailout will go to bailing out other union's pension plans.

April 13, 2010
DECRYING THE UNION PENSION BAILOUT BILL

Sen. Robert Casey (D-Penn.), wants Americans to bail out union pension plans underfunded by hundreds of billions of dollars. Casey's bill, the Create Jobs and Save Benefits Act of 2010, is similar to that of Reps. Earl Pomeroy (D-N.D.), and Patrick Tiberi (R-Ohio), who seek to bail out pension plans with their proposed Preserve Benefits and Jobs Act of 2009, introduced last fall, says Diana Furchtgott-Roth, a contributing editor of RealClearMarkets and an adjunct fellow at the Manhattan Institute.

Under these bills, the Pension Benefit Guaranty Corporation (PBGC) would, at the request of the plans, have the authority to take over the pension obligations of employers who have withdrawn from the plans, and pay the benefits out of taxpayer dollars, says Furchtgott-Roth:

* Once the PBGC shoulders that obligation, it would keep making payments until the last retiree or designated survivor dies.
* Since many multiemployer plans are in financial difficulty, this legislation, if enacted, could dramatically increase the federal deficit, putting even more pressure on the American taxpayer and the economy.
* Depending on events, it might add billions to government spending -- current underfunding levels are estimated at $165 billion-bumping up future deficits.
DECRYING THE UNION PENSION BAILOUT BILL
Search Results - THOMAS (Library of Congress)

The Pension Guaranty Trust was broke before Obama even announced his candidacy, and it wasn't established solely to protect union pensions. Can you say Enron? How many non-union people lost everything from their 401K plans and other pension perks?

 

[boedicca]

If you want to make comparison's between the U.S. and Brazil, then let's include some additional metrics.

Brazil's inflation rate is close to 5%, wiping out much of the GDP growth in real terms; the U.S.'s is negligible at this point (although massive debt will likely change that in the future).

UPDATE 1-Brazil economists lift inflation, GDP forecasts | Reuters

The Richest 20% earn 64.1% of the income in Brazil vs. 46.4% in the U.S.

Income Distribution richest 20% by country. Definition, graph and map.

The poorest 10% earn .07% of the income in Brazil vs. 2.2% in the United States

Income Distribution poorest 10% (most recent) by country


Approximate 26% of the population of Brazil lives below the poverty level vs. 12% in the United States.

List of countries by percentage of population living in poverty - Wikipedia, the free encyclopedia


Yep. A policy of gouging the Rich with High Taxes certainly helps The Poor.

While The Enviers are patiently waiting for the Bush Tax Cuts to expire, more and more people will be "patiently" waiting for job creation to start while they remain unemployed.

 

[chanel]

No Maggie Anyone is "allowed" a big screen TV, as long as they pay for it. We don't have one. I hardly think that's "living in squalor"

Many able bodied "poor people' are disincentivized to work, when they're too comfortable. I thought everyone knew that.

And mud - do you think that will pass?

 

[mudwhistle]

Only illiterates belive that bullshit is an adequate analysis.

Only a mind-numb zombie can't see what's going on.

Everything Obama tries is doomed to failure. Cash for Clunkers is just one of his bright ideas. Most of the benefit went to Toyota.

Let's make a list of where some of that cash went.

Billions went to bailing out GM's union pension plans and health plans.

The next bailout will go to bailing out other union's pension plans.

April 13, 2010
DECRYING THE UNION PENSION BAILOUT BILL

Sen. Robert Casey (D-Penn.), wants Americans to bail out union pension plans underfunded by hundreds of billions of dollars. Casey's bill, the Create Jobs and Save Benefits Act of 2010, is similar to that of Reps. Earl Pomeroy (D-N.D.), and Patrick Tiberi (R-Ohio), who seek to bail out pension plans with their proposed Preserve Benefits and Jobs Act of 2009, introduced last fall, says Diana Furchtgott-Roth, a contributing editor of RealClearMarkets and an adjunct fellow at the Manhattan Institute.

Under these bills, the Pension Benefit Guaranty Corporation (PBGC) would, at the request of the plans, have the authority to take over the pension obligations of employers who have withdrawn from the plans, and pay the benefits out of taxpayer dollars, says Furchtgott-Roth:

* Once the PBGC shoulders that obligation, it would keep making payments until the last retiree or designated survivor dies.
* Since many multiemployer plans are in financial difficulty, this legislation, if enacted, could dramatically increase the federal deficit, putting even more pressure on the American taxpayer and the economy.
* Depending on events, it might add billions to government spending -- current underfunding levels are estimated at $165 billion-bumping up future deficits.
DECRYING THE UNION PENSION BAILOUT BILL
Search Results - THOMAS (Library of Congress)

The Pension Guaranty Trust was broke before Obama even announced his candidacy, and it wasn't established solely to protect union pensions. Can you say Enron? How many non-union people lost everything from their 401K plans and other pension perks?

The market lost half it's value because of Democrat bullshit.

A 401k plan is not a perk....it is an excellent investment. Problem is everyone started spending theirs because they started losing their asses due to said Democrat bullshit.

Democrat bullshit meaning: Threats of higher taxes, changes in lending regulations causing a crash of the housing market and failure of banks. Democrats encouraging people to default on their loans because of "Unfair and Predatory Lending Practices".

 

[boedicca]

Heh. We don't have a big screen TV. The last TV we bought was when we moved into our house in the mid 90s. It's a big Sony Trinitron - these things last for a long time. I'm not buying a new TV until it dies.

I didn't realize that keeping something that is still working means that I live in squalor.

 

[boedicca]

Only illiterates belive that bullshit is an adequate analysis.

Only a mind-numb zombie can't see what's going on.

Everything Obama tries is doomed to failure. Cash for Clunkers is just one of his bright ideas. Most of the benefit went to Toyota.

Let's make a list of where some of that cash went.

Billions went to bailing out GM's union pension plans and health plans.

The next bailout will go to bailing out other union's pension plans.

April 13, 2010
DECRYING THE UNION PENSION BAILOUT BILL

Sen. Robert Casey (D-Penn.), wants Americans to bail out union pension plans underfunded by hundreds of billions of dollars. Casey's bill, the Create Jobs and Save Benefits Act of 2010, is similar to that of Reps. Earl Pomeroy (D-N.D.), and Patrick Tiberi (R-Ohio), who seek to bail out pension plans with their proposed Preserve Benefits and Jobs Act of 2009, introduced last fall, says Diana Furchtgott-Roth, a contributing editor of RealClearMarkets and an adjunct fellow at the Manhattan Institute.

Under these bills, the Pension Benefit Guaranty Corporation (PBGC) would, at the request of the plans, have the authority to take over the pension obligations of employers who have withdrawn from the plans, and pay the benefits out of taxpayer dollars, says Furchtgott-Roth:

* Once the PBGC shoulders that obligation, it would keep making payments until the last retiree or designated survivor dies.
* Since many multiemployer plans are in financial difficulty, this legislation, if enacted, could dramatically increase the federal deficit, putting even more pressure on the American taxpayer and the economy.
* Depending on events, it might add billions to government spending -- current underfunding levels are estimated at $165 billion-bumping up future deficits.
DECRYING THE UNION PENSION BAILOUT BILL
Search Results - THOMAS (Library of Congress)

The Pension Guaranty Trust was broke before Obama even announced his candidacy, and it wasn't established solely to protect union pensions. Can you say Enron? How many non-union people lost everything from their 401K plans and other pension perks?

The bill doesn't cover 401Ks - just UNION PENSIONS - you know, the people who spent hundreds of millions of dollars supporting the Democrats in 2008.

 

[xsited1]

Hang-IN there, folks!!!!!!!!!!!!!!

​

This is perhaps the best troll post on USMB EVAR!

Gee, thanks for your ignorant contribution, troll.

You really buy this crap?

But of course you do!!!! So which one is you in this picture?

 

[Flopper]

You guys are strangly supporting economic policy that nearly took us into a depression before the Democrats and Obama took charge?

we were in a depression prior to 2006?

Sarah G said "You guys are strangly supporting economic policy that nearly took us into a depression before the Democrats and Obama took charge?"

She did not say we were in a depression in 2006. Also Obama and the Democrats did not take office until 2009. We well into the recession in 2008.

 

[mudwhistle]

No Maggie Anyone is "allowed" a big screen TV, as long as they pay for it. We don't have one. I hardly think that's "living in squalor"

Many able bodied "poor people' are disincentivized to work, when they're too comfortable. I thought everyone knew that.

And mud - do you think that will pass?

Nope


These are the same people that think withholding a Happy Meal from terrorists during questioning is torture.

 

[boedicca]

The Democrats took over Congress in 2007.

 

[xsited1]

I personally can't wait til January.. These increased tax bill are going to be really really really awsome! are they knot?

No DOUBT!!!!!!!!!!​

"Not only was the entire national deficit eliminated after raising taxes on the wealthy in 1993, but the economy grew so fast for the remainder of the decade that many conservative economists thought that the Fed should raise the prime interest rate in order to slow it down."

​

You think raising taxes grew the economy in the 90s???

Yet another awesome troll post!!!!! Two in one day. You win:

 

[skookerasbil]

You guys are strangly supporting economic policy that nearly took us into a depression before the Democrats and Obama took charge?

we were in a depression prior to 2006?

We were getting there. All that money they were throwing into that pit Iraq with no roi and no plan to ever get any of it back was a big part of that failed policy.

Low point in our history those Bush years.

I hope Obama and the Democrats can dig us out. It's why they were elected.

`




HOLY MOTHER OF GOD....................

Looks like the People.com folks are finding their way over to the USMB!!!

 

[mudwhistle]

You guys are strangly supporting economic policy that nearly took us into a depression before the Democrats and Obama took charge?

we were in a depression prior to 2006?

Sarah G said "You guys are strangly supporting economic policy that nearly took us into a depression before the Democrats and Obama took charge?"

She did not say we were in a depression in 2006. Also Obama and the Democrats did not take office until 2009. We well into the recession in 2008.

The Dems did take back power on Jan. 07' in Congress. Shortly after that the shit hit the fan.

Get a clue.

Oh...for those who aren't aware...we still haven't had another Depression. Not since the one in the 30s

 

[mudwhistle]

Hang-IN there, folks!!!!!!!!!!!!!!

​

This is priceless.

My nephew's girlfriend is from Brazil. She often visits there.

They have no jobs for anyone who doesn't fit a mold the businesses set in place.

You have to be good looking, it also helps if you speak a foreign language...preferably English or German....most of the undesirables live in poverty or work in sweaty factories that don't exist in this country any more.

Hillary is a fucken idiot of course.

The girlfriend doesn't sound like a mental giant.

That's classic.

She lived there and you think she's stupid for knowing what the real deal is....because you know different from watching it on TV.

 

[boedicca]

She lived there and you think she's stupid for knowing what the real deal it....because you know different from watching it on TV.

To quote myself:

If you want to make comparison's between the U.S. and Brazil, then let's include some additional metrics.

Brazil's inflation rate is close to 5%, wiping out much of the GDP growth in real terms; the U.S.'s is negligible at this point (although massive debt will likely change that in the future).

UPDATE 1-Brazil economists lift inflation, GDP forecasts | Reuters

The Richest 20% earn 64.1% of the income in Brazil vs. 46.4% in the U.S.

Income Distribution richest 20% by country. Definition, graph and map.

The poorest 10% earn .07% of the income in Brazil vs. 2.2% in the United States

Income Distribution poorest 10% (most recent) by country


Approximate 26% of the population of Brazil lives below the poverty level vs. 12% in the United States.

List of countries by percentage of population living in poverty - Wikipedia, the free encyclopedia


Yep. A policy of gouging the Rich with High Taxes certainly helps The Poor.

While The Enviers are patiently waiting for the Bush Tax Cuts to expire, more and more people will be "patiently" waiting for job creation to start while they remain unemployed.

It's quite telling when someone who is Very Rich advocates tax policies which lead to more concentration of income benefiting The Very Rich. High taxes on the rich don't help the poor - they give the rich the power over politicians to extract a price for the high taxes - transfer payments, exemptions, pork, no bid contracts etc. All of these distort the free markets, suppress real growth, and lead to lower job creation at the expense of the poor and middle classes.

 

[del]

nothing says successful economy like brazil.

Why are you laughing?

Brazil GDP Growth Rate

The only concern is that Brazil's economy is growing too fast.

i'm laughing because i've been to brazil, and i'm also laughing because it appears most of the brazilians followed me home.

it's a third world shithole of the first order.

if you think it's a good idea to emulate a country where the cops shoot homeless kids for sport, knock yourself out.

 

[mudwhistle]

nothing says successful economy like brazil.

Why are you laughing?

Brazil GDP Growth Rate

The only concern is that Brazil's economy is growing too fast.

i'm laughing because i've been to brazil, and i'm also laughing because it appears most of the brazilians followed me home.

it's a third world shithole of the first order.

if you think it's a good idea to emulate a country where the cops shoot homeless kids for sport, knock yourself out.

This from the same mindset that thinks Cuba, China, and Venezuela are models of economic prosperity.