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12-21-2019, 09:34 AM | #76 | |
Radical Centrist
Join Date: Jan 2001
Location: Cottage of Prussia
Posts: 31,423
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Quote:
FY 2020 - $3.64 trillion, budgeted. FY 2019 - $3.44 trillion, estimated. FY 2018 - $3.33 trillion. FY 2017 - $3.32 trillion. FY 2016 - $3.27 trillion. FY 2015 - $3.25 trillion. FY 2014 - $3.02 trillion. FY 2013 - $2.77 trillion. FY 2012 - $2.45 trillion. FY 2011 - $2.30 trillion. FY 2010 - $2.16 trillion. FY 2009 - $2.10 trillion. FY 2008 - $2.52 trillion. FY 2007 - $2.57 trillion. FY 2006 - $2.4 trillion. FY 2005 - $2.15 trillion. FY 2004 - $1.88 trillion. FY 2003 - $1.72 trillion. FY 2002 - $1.85 trillion. FY 2001 - $1.99 trillion. FY 2000 - $2.03 trillion. |
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12-21-2019, 11:47 PM | #77 |
The future is unwritten
Join Date: Oct 2002
Posts: 71,105
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Who's paying all the taxes?
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The descent of man ~ Nixon, Friedman, Reagan, Trump. |
12-23-2019, 08:50 AM | #78 |
Weaponized Funk
Join Date: Nov 2019
Location: Arizona
Posts: 446
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While I don't disagree with you in principle, in this case, the recession occurred because we let bankers run wild with mortgage bundling.
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Finagle's Law takes no prisoners. |
12-23-2019, 08:51 AM | #79 | |
Weaponized Funk
Join Date: Nov 2019
Location: Arizona
Posts: 446
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Quote:
__________________
Finagle's Law takes no prisoners. |
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12-23-2019, 09:40 AM | #80 | |
Read? I only know how to write.
Join Date: Jan 2001
Posts: 11,933
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Quote:
Mortgage bundling was only one of many techniques that business school graduates were using to make profits where nothing was being created. SIV, CDOs, and plenty of other vehicles were used. In every case, massive profits were appearing on spread sheets where nothing tangible was created. In the case of mortgages, they simply bundled many mortgages into a financial instrument. Then declared the financial instrument as another equity - as if it had value like real estate, a factory product, or a bridge. Suddenly a $1 mortgage on a house created many financial instruments that were also called a $1 entity. Another ponzi scheme. When this house of cards collapsed, suddenly liquidity disappeared. Which explains is why TARP was so successful. It provided liquidity so that companies could still pay their employees, et al. But the recession was coming anyway. Tax cuts are simply another money game to pump heroin into the economy. And then pay for it massively later. Tax cuts have never made a more robust economy. Only innovaton does that. Worse, throwing money at innovation can even create less innovation. Just another reason why tax cuts end up paying for more European vacations. That is a better return on investment. Last edited by tw; 12-23-2019 at 09:49 AM. |
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12-28-2019, 09:56 AM | #81 |
still says videotape
Join Date: Feb 2001
Posts: 26,813
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So Biden says he will refuse to testify if called to by the Senate. I want all the assholes to testify not just the Republican assholes. I understand that it's just to distract from Trump's nonsense but I'd like it all out there.
https://www.foxnews.com/politics/bid...eachment-trial
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If you would only recognize that life is hard, things would be so much easier for you. - Louis D. Brandeis |
12-28-2019, 10:25 AM | #82 |
I love it when a plan comes together.
Join Date: Oct 2009
Posts: 9,793
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The Senate should offer Biden immunity to testify. That way if he still won't testify, It'll look like a cover-up for his son. The next step then, is for the President to grant Biden a pre-emptive pardon (whether he's been charged or not, whether he wants it or not) as the coup de grāce.
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12-28-2019, 02:05 PM | #83 | |
Weaponized Funk
Join Date: Nov 2019
Location: Arizona
Posts: 446
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Quote:
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Finagle's Law takes no prisoners. |
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12-28-2019, 02:06 PM | #84 | |
Weaponized Funk
Join Date: Nov 2019
Location: Arizona
Posts: 446
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Quote:
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Finagle's Law takes no prisoners. |
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12-28-2019, 02:27 PM | #85 |
The future is unwritten
Join Date: Oct 2002
Posts: 71,105
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I never thought about that, do you have a choice in accepting a pardon or not?
Maybe we don't know because nobody ever has tried to decline a pardon. If you can't decline, can you appeal it?
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The descent of man ~ Nixon, Friedman, Reagan, Trump. |
12-28-2019, 02:41 PM | #86 | |
still says videotape
Join Date: Feb 2001
Posts: 26,813
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Quote:
Everything points to Hunter's highly paid pretend job being given on the assumption that it would be protection against investigation not a more specific quid pro quo. It is obviously corruption, just the legal kind which we excuse our team for and condemn the other team for.
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If you would only recognize that life is hard, things would be so much easier for you. - Louis D. Brandeis |
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12-28-2019, 02:59 PM | #87 |
I love it when a plan comes together.
Join Date: Oct 2009
Posts: 9,793
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Not accepting a pardon doesn't stop the President from granting one whether the person wants it or not. It only stops it from taking effect. A pardon "carries an imputation of guilt; acceptance a confession of it." That would be the political value of it whether or not it's accepted.
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12-28-2019, 03:48 PM | #88 | |
The future is unwritten
Join Date: Oct 2002
Posts: 71,105
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Quote:
Can you stop your record being expunged? Probably not. So I'd think it does go into effect like it or not. Of course the damage is done politically so it's really a moot point. And believe me, I'll take the pardon in a heartbeat.
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The descent of man ~ Nixon, Friedman, Reagan, Trump. |
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12-28-2019, 03:57 PM | #89 |
I love it when a plan comes together.
Join Date: Oct 2009
Posts: 9,793
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It has to be accepted and registered with the courts to remain in effect.
Records are not expunged because of a pardon. |
12-28-2019, 04:00 PM | #90 |
The future is unwritten
Join Date: Oct 2002
Posts: 71,105
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Oh ok, I didn't know the details. With all the judges Trump has put on the bench it's not likely his wishes wouldn't be carried out regardless though.
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The descent of man ~ Nixon, Friedman, Reagan, Trump. |
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