Not One Member Of Congress

[quote]Rockscar wrote:
hedo wrote:
Here you go. Don’t spend it all in one place.

IRS Issues New Withholding Tables: $10 Extra Pay Per Week to Start April 1

The IRS on Saturday announced that it has issued new withholding tables to implement the Making Work Pay Tax Credit of 6.2% of earned income, up to $400 for single taxpayers and $800 for married couples. Employers must start using these tables by April 1, but may do so earlier. As Kay Bell notes, this works out to an extra $10 per week in take-home pay for most taxpayers. Higher income taxpayers will not see an increase in their take-home pay, as the credit phases outb at $75,000 - $95,000 for single taxpayers and $150,000 - $190,000 for married couples.

http://www.irs.gov/newsroom/article/0,,id=204521,00.html

Under these guidelines, I will not get shit. Higher Income and California state taxes for sure.

I will be parting ways with more money under Obama, and it will be spent on others who default on their bills while I pay mine.

Liberals must be spewing in their pant’s by now. The age of redistribution and higher taxes is here.[/quote]

Sounds like you are in the same boat as I am. The goings on in washington over the last 6 months have finally prompted me to finally take action.

I will be making sacrifices that allow me shelter as much of income as possible. Not for greed. It may even limit earning potential in some ways. It will be more in protest than profit.

I will be using every deduction available and within my budget. Solar power credits, updating appliances that don’t need to be, a biomass stove, and maybe even a hybid vehicle. Anything that will provide a tax credit or rebate, even if it doesn’t pay for itself.

My children were going to pay for their own education like their mother and I did. Not anymore. 529s for all three.

I will be taking full advantage of 401k instead of private investments that I feel are a much better investment.

I will be taking advantage of lower rates on capital gains as compared to income. I am taking steps to subsidize my income with investments that will provide capital gains. I will then be looking to travel less, thus making less money in income.

I’ve had enough. I am done seeing 40% of my salary go to the feds and the State of MN.

[quote]dhickey wrote:
I will be taking full advantage of 401k instead of private investments that I feel are a much better investment.
[/quote]

Don’t worry-- 401k’s will be a casualty soon enough, comrade.

[quote]100meters wrote:
SteelyD wrote:

100meters wrote:
It’s easy enough to see that even bills back then would have been full of the same legalese that would’ve made them difficult to digest. That’s what staffs and committees are for apparently.
I mean I think you’re just making stuff up here if you really think that not reading legislation word for word is a contemporary concept.

SteelyD wrote:
OK, it all makes sense now-- you’ve never read any history.

100meters wrote:
Are we still talking about the stimulus bill? This is getting strange.

Now that we’ve established that you’re a partisan hack with no sense of history, sure we can get back to stimulus.

Here’s an article from that right-wing, free-market rag Investor’s Business Daily-- not that they have an interest in a strong economy or strong markets…

Is It Any Wonder The Market Continues To Sink?

[i]Last Oct. 13, in trying to explain why the market had sold off 30% in six weeks, we acknowledged that the freeze-up of the financial system was a big concern. But we cited three other factors as well:

The imminent election of “the most anti-capitalist politician ever nominated by a major party.”

The possibility of “a filibuster-proof Congress led by politicians who are almost as liberal.”

A “media establishment dedicated to the implementation of a liberal agenda, and the smothering of dissent wherever it arises.”

No wonder, we said then, that panic had set in.

Today, as the market continues to sell off and we plumb 12-year lows, we wish we had a different explanation. But it still looks, as we said four months ago, “like the U.S., which built the mightiest, most prosperous economy the world has ever known, is about to turn its back on the free-enterprise system that made it all possible.”[/i]

A stimulus bill laden with huge amounts of spending on pork and special interests is the best our Congress can come up with to get the economy back on track. Economists broadly agree that the legislation has little stimulative power, and in fact will be a drag on economic growth for years to come.

Full Article:
http://beta.investors.com/NewsAndAnalysis/Article.aspx?id=469313

OK? This is an opinion piece, I obviously disagree.[/quote]

Right. But the kicker is you’ve never supplied any sort of rationale for WHY you disagree that the stimulus will harm the economy, or at minimum has little stimulative power, as the article suggests. All I hear is you attacking other posters for using sources that “lie” or are “partisan” and shrill cries that they are ignorant. Yet you place all your faith in bureaucrats with a track record that is the most dismal of all possible experts to put your economic faith in.

Yes, you obviously disagree with him and many others. But I’m still waiting for you to supply any sort of cogent rationale to your opinion in place of implicit or explicit attacks against other posters. So, if you will kindly do so, I am looking forward to hearing your rationale, in detail if you please, about why you believe this stimulus is a very good thing. At least the writers of these opinion pieces of journalism have gone far enough to supply reasons for their opinions. Please do the same.

And if you’re going to make insinuations against me, don’t even bother replying to my post. Either answer my question directly and on subject, or please STFU.

[quote]orion wrote:
100meters wrote:
Tiribulus wrote:

This shit has nothing to do with saving the economy. It’s classic textbook power mongering. They are continuing and fortifying the trend of creating as many thoroughly dependent step children as they can possibly get away with. Khrushchev is holding his stomach with tears of hilarity running down his cheeks. I knew it HAHAHAHA!!! We didn’t have to fire a shot, those dumbasses are doin it to themselves HHAHAHAHAH!!!

Seriously, is this guy ok?

No he is not, neither am I and our numbers are growing.

Interestingly enough you rely on us to finance your pet projects.

Fascinating, is it not?

[/quote]

Your numbers are growing? I thought they were shrinking, hence Steele’s hip hop plan to grow your party?

[quote]100meters wrote:
orion wrote:
100meters wrote:
Tiribulus wrote:

This shit has nothing to do with saving the economy. It’s classic textbook power mongering. They are continuing and fortifying the trend of creating as many thoroughly dependent step children as they can possibly get away with. Khrushchev is holding his stomach with tears of hilarity running down his cheeks. I knew it HAHAHAHA!!! We didn’t have to fire a shot, those dumbasses are doin it to themselves HHAHAHAHAH!!!

Seriously, is this guy ok?

No he is not, neither am I and our numbers are growing.

Interestingly enough you rely on us to finance your pet projects.

Fascinating, is it not?

Your numbers are growing? I thought they were shrinking, hence Steele’s hip hop plan to grow your party?

[/quote]

I am not a Republican and the Libertarian Movement is growing.

[quote]SteelyD wrote:
dhickey wrote:
I will be taking full advantage of 401k instead of private investments that I feel are a much better investment.

Don’t worry-- 401k’s will be a casualty soon enough, comrade.

[/quote]

My largest one is rather conservative and has still been making me money through all of this. It’s one that I didn’t pay much attention to becuase it was 100% funded by my employer. It was basically a transition from the retirement accoutn they used to provide. It may even be a UK-based fund (UK company). I don’t know much about it.

I moved some of my smaller accounts into something similar. Still have some gambling money in more agressive accounts. Those didn’t fair too well.

[quote]Aragorn wrote:
100meters wrote:
SteelyD wrote:

100meters wrote:
It’s easy enough to see that even bills back then would have been full of the same legalese that would’ve made them difficult to digest. That’s what staffs and committees are for apparently.
I mean I think you’re just making stuff up here if you really think that not reading legislation word for word is a contemporary concept.

SteelyD wrote:
OK, it all makes sense now-- you’ve never read any history.

100meters wrote:
Are we still talking about the stimulus bill? This is getting strange.

Now that we’ve established that you’re a partisan hack with no sense of history, sure we can get back to stimulus.

Here’s an article from that right-wing, free-market rag Investor’s Business Daily-- not that they have an interest in a strong economy or strong markets…

Is It Any Wonder The Market Continues To Sink?

[i]Last Oct. 13, in trying to explain why the market had sold off 30% in six weeks, we acknowledged that the freeze-up of the financial system was a big concern. But we cited three other factors as well:

The imminent election of “the most anti-capitalist politician ever nominated by a major party.”

The possibility of “a filibuster-proof Congress led by politicians who are almost as liberal.”

A “media establishment dedicated to the implementation of a liberal agenda, and the smothering of dissent wherever it arises.”

No wonder, we said then, that panic had set in.

Today, as the market continues to sell off and we plumb 12-year lows, we wish we had a different explanation. But it still looks, as we said four months ago, “like the U.S., which built the mightiest, most prosperous economy the world has ever known, is about to turn its back on the free-enterprise system that made it all possible.”[/i]

A stimulus bill laden with huge amounts of spending on pork and special interests is the best our Congress can come up with to get the economy back on track. Economists broadly agree that the legislation has little stimulative power, and in fact will be a drag on economic growth for years to come.

Full Article:
http://beta.investors.com/NewsAndAnalysis/Article.aspx?id=469313

OK? This is an opinion piece, I obviously disagree.

Right. But the kicker is you’ve never supplied any sort of rationale for WHY you disagree that the stimulus will harm the economy, or at minimum has little stimulative power, as the article suggests. All I hear is you attacking other posters for using sources that “lie” or are “partisan” and shrill cries that they are ignorant. Yet you place all your faith in bureaucrats with a track record that is the most dismal of all possible experts to put your economic faith in.

Yes, you obviously disagree with him and many others. But I’m still waiting for you to supply any sort of cogent rationale to your opinion in place of implicit or explicit attacks against other posters. So, if you will kindly do so, I am looking forward to hearing your rationale, in detail if you please, about why you believe this stimulus is a very good thing. At least the writers of these opinion pieces of journalism have gone far enough to supply reasons for their opinions. Please do the same.

And if you’re going to make insinuations against me, don’t even bother replying to my post. Either answer my question directly and on subject, or please STFU.[/quote]

Ok, you get the “Acorn in stimulus” was a lie.
“4 billion dollar mouse” was a lie.
“health provisions in stimulus thread” was a lie.
“new deal didn’t work” was a lie
etc.
those were all lies. See? Those weren’t reasons, they were made up. Notice I didn’t say IBD’s opinion was a lie, I just don’t agree.

My feeling is that we have 2-3 trillion dollar hole to fill, a massive, massive wound if you will. That’s why we need to fill the hole with a large stimulus, logically larger than the one passed. Because of the way multipliers work (you get $100, but you then spend $125, etc.,etc.), we’ll be getting a pretty big bang for the buck, but it should have been bigger. That said this should go a long way in stopping the bleeding, obviously prevent and create job loss/jobs, and get the economy sort of kind of going again. This assumes we deal with the housing and banking, which they will (though I wish we’d just eat the big banks already, clean house and start spitting them back out). The stimulus takes the patient off the operating table, and puts them into intensive care. Eventually, eventually things will get better.

The problem in here is the refusal to admit the severity of the problem/and the casual lie telling/passing on. The problem being for the Republican party is that success for the country means further disaster for the party. The result is you have to enrage the base with silly lies to turn them off the stimulus. Hence, you get “acorn in the stimulus” “$4 trillion for mouse”, etc. It’s just annoying, like the socialist fear mongering is, like the flag pin was, like the muslim thing was, etc. Just seems like perpetual silly season in here, while the President tries to fix a mess given to him by the previous party.

How did the New Deal work?

100…you’re crazy if you think that Acorn WONT be geeting a large sum of money.

In or out of the stimulus, they will get funding to continue their voter fraud.

Yes we believe something should be done…but the manner in which it is being done is rediculous. THE NEW DEAL did not work and it took WW2 to get out of the depression.

[quote]FightinIrish26 wrote:
I have read economists for and against the stimulus package, and they’re kind of like politicians and boxing fans- don’t agree on anything.
[/quote]

you are 100% correct. that’s why we have to rely on logic, reason, and a basic understanding of economics to discuss this intelligently. You have to read as much as you need to to grasp the situation and sort the various facts and arguements for yourself.

Some on this board seem to think they can replace this with posting links that fit their uneducated predispositions. That just doesn’t work. You can find an aparently accredited intellectual to agree with just about any premis.

[quote]dhickey wrote:
tme wrote:
John S. wrote:
Tiribulus wrote:
100meters wrote:
Tiribulus wrote:
FightinIrish26 wrote:
<<< I am confused by this. It sounds like you’re off your meds. What exactly are you attacking him for? Having a government job that he doesn’t have?

Because the weak cowardly assholes who favor this kind of big government anti American ideology usually are putting somebody else’s money in their pockets through it’s mechanisms of legalized robbery and this guy is no exception or he would just say so.

How in the hell is saving the american economy anti-american? That doesn’t make any sense.

P.S. This dude is off his rocker.

Eat shit punk, you’re a destroyer. Your politicians are destroyers. You leave a wake of social and economic wreckage everywhere you’ve been allowed to plague anybody with your presence. The high set of noble principles that made this nation the greatest in human history are entirely lost on worms like you.

You’re a pathetic half conscious pull string toy for the power grubbing scum you so gleefully surrender your will to. You’re sickening. Take your collectivist disease and wallow in it while you can. The last laugh will most assuredly be on you though you’ll likely stand there with a vacuous smirk on your face chanting “yes we can”.

That was without a doubt one of the greatest things I have ever read in this forum.

REALLY? I actually felt a little dumber from reading it, like it killed some brain cells just because it was so fucking stupid.

Way to add insight. Your brilliance is blinding.[/quote]

I’m surprised you could tell, since this thread already has such an overabundance of both insight and brilliance.

[quote]Rockscar wrote:
100…you’re crazy if you think that Acorn WONT be geeting a large sum of money.

In or out of the stimulus, they will get funding to continue their voter fraud.

Yes we believe something should be done…but the manner in which it is being done is rediculous. THE NEW DEAL did not work and it took WW2 to get out of the depression.[/quote]

They both did, they were both massive government spending. The private industry was not acting on its own during this time, the government was controlling the economy. Recovery had started before December 1940, it had started in early 1939. WW2 was the final punch to the depression by killing off all the unemployment. We weren’t trading with anyone either. Much of what we were sending to England we werent getting paid for. It was both, stop rewriting history.

[quote]PB-Crawl wrote:
Rockscar wrote:
100…you’re crazy if you think that Acorn WONT be geeting a large sum of money.

In or out of the stimulus, they will get funding to continue their voter fraud.

Yes we believe something should be done…but the manner in which it is being done is rediculous. THE NEW DEAL did not work and it took WW2 to get out of the depression.

They both did, they were both massive government spending. The private industry was not acting on its own during this time, the government was controlling the economy. Recovery had started before December 1940, it had started in early 1939. WW2 was the final punch to the depression by killing off all the unemployment. We weren’t trading with anyone either. Much of what we were sending to England we werent getting paid for. It was both, stop rewriting history.[/quote]

This is simply not true. One of the biggest economic fallacies. The economy would have been much better off without the new deal or WWII.

[quote]orion wrote:
<<< I am not a Republican >>>
[/quote]

You’re wasting yer time too. I’ve told this guy repeatedly in terms that are impossible to misunderstand… unless you’re a graduate of our tremendous public school system I suppose, that my commitment is to principle not party, but it’s quite clear that we can add that to the long list of ideas that perpetually escape him.

[quote]Rockscar wrote:
100…you’re crazy if you think that Acorn WONT be geeting a large sum of money.

In or out of the stimulus, they will get funding to continue their voter fraud.

Yes we believe something should be done…but the manner in which it is being done is rediculous. THE NEW DEAL did not work and it took WW2 to get out of the depression.[/quote]

Yes other than lowering unemployment and raising GDP (and that’s not even factoring in the fact that folks working for the govt/work program weren’t included in the employment numbers) the new deal didn’t work.

[quote]Sloth wrote:
How did the New Deal work?[/quote]

For whom?

[quote]orion wrote:
100meters wrote:
orion wrote:
100meters wrote:
Tiribulus wrote:

This shit has nothing to do with saving the economy. It’s classic textbook power mongering. They are continuing and fortifying the trend of creating as many thoroughly dependent step children as they can possibly get away with. Khrushchev is holding his stomach with tears of hilarity running down his cheeks. I knew it HAHAHAHA!!! We didn’t have to fire a shot, those dumbasses are doin it to themselves HHAHAHAHAH!!!

Seriously, is this guy ok?

No he is not, neither am I and our numbers are growing.

Interestingly enough you rely on us to finance your pet projects.

Fascinating, is it not?

Your numbers are growing? I thought they were shrinking, hence Steele’s hip hop plan to grow your party?

I am not a Republican and the Libertarian Movement is growing.
[/quote]

That wasn’t intended to you, I think it was the retarded kid Dribulus.

[quote]Sloth wrote:
How did the New Deal work?[/quote]

Lowered Unemployment
Raised GDP
Increased Productivity (least until FDR tried to balance budget in '37-'38)

Clearly FDR could have gone bigger and got better results, but to say it didn’t work is just silly.

[quote]100meters wrote:
Sloth wrote:
How did the New Deal work?

Lowered Unemployment
Raised GDP
Increased Productivity (least until FDR tried to balance budget in '37-'38)

Clearly FDR could have gone bigger and got better results, but to say it didn’t work is just silly.[/quote]

[quote]100meters wrote:

Ok, you get the “Acorn in stimulus” was a lie.
“4 billion dollar mouse” was a lie.
“health provisions in stimulus thread” was a lie.
“new deal didn’t work” was a lie
etc.
those were all lies. See? Those weren’t reasons, they were made up. Notice I didn’t say IBD’s opinion was a lie, I just don’t agree.

My feeling is that we have 2-3 trillion dollar hole to fill, a massive, massive wound if you will. That’s why we need to fill the hole with a large stimulus, logically larger than the one passed. Because of the way multipliers work (you get $100, but you then spend $125, etc.,etc.), we’ll be getting a pretty big bang for the buck, but it should have been bigger. That said this should go a long way in stopping the bleeding, obviously prevent and create job loss/jobs, and get the economy sort of kind of going again. This assumes we deal with the housing and banking, which they will (though I wish we’d just eat the big banks already, clean house and start spitting them back out). The stimulus takes the patient off the operating table, and puts them into intensive care. Eventually, eventually things will get better.

The problem in here is the refusal to admit the severity of the problem/and the casual lie telling/passing on. The problem being for the Republican party is that success for the country means further disaster for the party. The result is you have to enrage the base with silly lies to turn them off the stimulus. Hence, you get “acorn in the stimulus” “$4 trillion for mouse”, etc. It’s just annoying, like the socialist fear mongering is, like the flag pin was, like the muslim thing was, etc. Just seems like perpetual silly season in here, while the President tries to fix a mess given to him by the previous party.[/quote]

Was that so hard to do? Never mind that I disagree with your positions whole-heartedly, and that your reasons were heavily laden with metaphors (“operating table” etc.) and light on substantive points (“It will help in these ways…a, b, c, d, via doing 1, 2, 3, 4 etc.”). It was genuinely refreshing for me. I wish you’d do it more often.