Wealth distribution in the US - Page 4

TheMercenary · 10-05-2010, 09:01 AM

Quote:

Originally Posted by DanaC

Yup. And wealthy fucks will always support their right to pay an insignificant drop from their ocean of wealth as taxes. As long as the rest of us are prepared to pay substantial chunks of our meagre earnings to keep the country running why would they care?

The slate article 'reinforces' wealth envy, but that envy is alreayd there to begin with, and frankly, I think that envy is justified. The obscene extremes of wealth and privelege that provoke that envy in the first place: that's unjustifiable.

If everyone pays the same percent of income there is no substantial difference in the chunks of what you earned.

xoxoxoBruce · 10-05-2010, 09:03 AM

Oh, I see the TARP program looks like it will actually end up making a profit for the government. That's nice.

TheMercenary · 10-05-2010, 09:52 AM

Last I heard they were going to be in the hole for 65 bil or something, the amount that was never going to be paid back.

xoxoxoBruce · 10-05-2010, 09:58 AM

That's not what I've been reading this week. Not all the alloted money was spent, so if you add what was left, to what's coming back, it will be at least even and more likely a profit.

TheMercenary · 10-05-2010, 10:02 AM

Quote:

Originally Posted by xoxoxoBruce

That's not what I've been reading this week. Not all the alloted money was spent, so if you add what was left, to what's coming back, it will be at least even and more likely a profit.

So what happens to the money not spent? History tells us that Congress just sees it as another pot of money to redirect, rarely put back into paying down the deficit.

xoxoxoBruce · 10-05-2010, 10:04 AM

The money not spent and the money coming back, but that is beside the point.

classicman · 10-05-2010, 10:05 AM

Quote:

Originally Posted by xoxoxoBruce

Oh, I see the TARP program looks like it will actually end up making a profit for the government. That's nice.

George got lucky. . .

TheMercenary · 10-05-2010, 10:07 AM

Quote:

Originally Posted by classicman

George got lucky. . .

George will get no credit.

Shawnee123 · 10-05-2010, 10:14 AM

Of course not. Nothing is ever blamed on or credited to (or even attributed to) the president. It's all the congresswhores isn't it? Depending on which side is doing what, right? I wish there were a flowchart as to who to blame and credit. I got lost with Clinton's zero deficit, lo those many years ago.

TheMercenary · 10-05-2010, 10:16 AM

Quote:

Originally Posted by Shawnee123

Of course not. Nothing is ever blamed on or credited to (or even attributed to) the president. It's all the congresswhores isn't it? Depending on which side is doing what, right? I wish there were a flowchart as to who to blame and credit. I got lost with Clinton's zero deficit, lo those many years ago.

I have stated all along that Congress is the bigger problem in this country. But of course it depends on which flow chart you want to believe. There are charts for Clinton too.

Shawnee123 · 10-05-2010, 10:18 AM

I was pointing out a stream that runs both ways. Wade on in, the water's fine.

classicman · 10-05-2010, 10:26 AM

I think all the demoncrats that Rhammed this through should all get a bonus from whatever money is left.

(I know he wasn't around then)

TheMercenary · 10-05-2010, 10:28 AM

I don't know about that but it would not surprise me if they tried to redirect it toward pork projects.

classicman · 10-05-2010, 10:47 AM

See the

smilie?

THAT WAS A JOKE!

tw · 10-05-2010, 12:01 PM

Quote:

Originally Posted by classicman

THAT WAS A JOKE!

He is still having difficulty because TARP may have made a profit. It contradicts what extremist politicians have been preaching for years. A bridge loan called TARP may have literally saved the American economy ... and earned a profit. It may have been one of the better investments that Republican made. (So why did those same extremists blame the Democrats? Or will they now take credit for creating TARP?)

10-05-2010, 09:03 AM	#47
xoxoxoBruce The future is unwritten Join Date: Oct 2002 Posts: 71,105	Oh, I see the TARP program looks like it will actually end up making a profit for the government. That's nice. __________________ The descent of man ~ Nixon, Friedman, Reagan, Trump.

10-05-2010, 09:52 AM	#48
TheMercenary “Hypocrisy: prejudice with a halo” Join Date: Mar 2007 Location: Savannah, Georgia Posts: 21,393	Last I heard they were going to be in the hole for 65 bil or something, the amount that was never going to be paid back. __________________ Anyone but the this most fuked up President in History in 2012!

10-05-2010, 09:58 AM	#49
xoxoxoBruce The future is unwritten Join Date: Oct 2002 Posts: 71,105	That's not what I've been reading this week. Not all the alloted money was spent, so if you add what was left, to what's coming back, it will be at least even and more likely a profit. __________________ The descent of man ~ Nixon, Friedman, Reagan, Trump.

10-05-2010, 10:04 AM	#51
xoxoxoBruce The future is unwritten Join Date: Oct 2002 Posts: 71,105	The money not spent and the money coming back, but that is beside the point. __________________ The descent of man ~ Nixon, Friedman, Reagan, Trump.

10-05-2010, 10:14 AM	#54
Shawnee123 Why, you're a regular Alfred E Einstein, ain't ya? Join Date: Jun 2006 Posts: 21,206	Of course not. Nothing is ever blamed on or credited to (or even attributed to) the president. It's all the congresswhores isn't it? Depending on which side is doing what, right? I wish there were a flowchart as to who to blame and credit. I got lost with Clinton's zero deficit, lo those many years ago. __________________ A word to the wise ain't necessary - it's the stupid ones who need the advice. --Bill Cosby

10-05-2010, 10:18 AM	#56
Shawnee123 Why, you're a regular Alfred E Einstein, ain't ya? Join Date: Jun 2006 Posts: 21,206	I was pointing out a stream that runs both ways. Wade on in, the water's fine. __________________ A word to the wise ain't necessary - it's the stupid ones who need the advice. --Bill Cosby

10-05-2010, 10:26 AM	#57
classicman barely disguised asshole, keeper of all that is holy. Join Date: Nov 2007 Posts: 23,401	I think all the demoncrats that Rhammed this through should all get a bonus from whatever money is left. (I know he wasn't around then) __________________ "like strapping a pillow on a bull in a china shop" Bullitt

10-05-2010, 10:28 AM	#58
TheMercenary “Hypocrisy: prejudice with a halo” Join Date: Mar 2007 Location: Savannah, Georgia Posts: 21,393	I don't know about that but it would not surprise me if they tried to redirect it toward pork projects. __________________ Anyone but the this most fuked up President in History in 2012!

10-05-2010, 10:47 AM	#59
classicman barely disguised asshole, keeper of all that is holy. Join Date: Nov 2007 Posts: 23,401	See the smilie? THAT WAS A JOKE! __________________ "like strapping a pillow on a bull in a china shop" Bullitt

Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)