While the nation was watching football.........

V

vinnyraptor

Guest
Originally Posted by Darthtang AW
http:///forum/post/3181316
Unemployment benefit extension---If I understand correctly in most states you could get an unemployment extension anyway if you showed documented proof you were actively looking for a job. all he did is divert more funding for this.............
Cash for clunkers----the cost of used cars has now gone up since many of them were destroyed. The average American buys a used car, not a new one. The only people this plan helped was the auto unions..........the people that could qualify for a new car were all that got one...
Made banks renegotiate with the home owners? He did no such thing. The banks did this themselves. Because it was in their best interest. And yet still each month this year foreclosures nationally increased each month......
8000 dollar tax credit for first time home buyers.....gee is the average american a first time home buyer? Actually this plan eliminated many people from participating and thus did not help the average american.
Atleast the Bush tax cuts cut the amount of income tax of EVERY american that paid income tax.....Not just the top 1%....and when those tax cuts go away...that you so hate, your income tax will go up....unless you are one of those people that don't pay income tax.
the states would have ran out of funds to extend if he didnt give them the funds!
we got millions of gas guzzlers off the road and helped the auto industry from cutting jobs or going bankrupt.
it depends on who you consider the "average" american. if you think its a 6 figure guy in then no. but if its joe average paying 700 bucks for rent who now owns there own home for a 550$ mortage then yes!!!
the Bush cuts started at the top and then "trickled" down you know this! 67% of the tax cuts were for the wealthiest 5% of the population. it was designed to create jobs and boost everyone. did it work? heck no it didn't or i'd be backing it.
you know darn well this administration put pressure on the banks to re-negotiate mortages and keep folks in their homes. especially those that we "baled" out!
btw was just on C-list and there is an abundance of used cars, gonna look at a chevy for my daughter it needs a thermostat and is 500 bucks negotiable, lol.
 
V

vinnyraptor

Guest
Originally Posted by Darthtang AW
http:///forum/post/3181326

Did the american auto industry replace any of those many jobs they cut?Are they seeing a profit yet?
Has the housing market foreclosures gone back to the levekls they were at before the "recession"?
Your calling the game as won and we haven't even hit halftime yet.....
who said the game was won? your "Cowboy" did WAY TO MUCH DAMAGE for my guy to fix in 10 months, lmao. look at Reagan's numbers in his first 3 years. unemployment, approval rating, etc. Obama is doing what needs to be done but its gonna take time. you act like he's in his second term and he hasn't even finished his first year, lol.
 
reefraff

reefraff

Active Member
Originally Posted by VinnyRaptor
http:///forum/post/3181314
i dont know everything but isnt California a STATE and Chicago a CITY? how do those gun bans relate to the President and his ideals? oh and btw isnt the Gov. of Cali a Republican? weak REEF!!!
Yep and yet the federal government allows it to happen.
Did not the feds have an "assault weapons" ban as well? Obama signed on to a complete handgun ban back in his Chicago days. The supreme court has since ruled in a way that will make it harder for him to get his wish but if given enough time....
And while the governor of Cali calls himself a Republican, the legislature is overwhelming left wing liberal. Even is the Swartz wanted to repeal the ban he couldn't//
 
reefraff

reefraff

Active Member
Originally Posted by VinnyRaptor
http:///forum/post/3181338
the states would have ran out of funds to extend if he didnt give them the funds!
we got millions of gas guzzlers off the road and helped the auto industry from cutting jobs or going bankrupt.
it depends on who you consider the "average" american. if you think its a 6 figure guy in then no. but if its joe average paying 700 bucks for rent who now owns there own home for a 550$ mortage then yes!!!
the Bush cuts started at the top and then "trickled" down you know this! 67% of the tax cuts were for the wealthiest 5% of the population. it was designed to create jobs and boost everyone. did it work? heck no it didn't or i'd be backing it.
you know darn well this administration put pressure on the banks to re-negotiate mortages and keep folks in their homes. especially those that we "baled" out!
btw was just on C-list and there is an abundance of used cars, gonna look at a chevy for my daughter it needs a thermostat and is 500 bucks negotiable, lol.
You might want to check your facts on cash for clunkers. The Ford F150 was one of the highly purchased vehicles under that program
Renegotiating a mortgages was in place before Obama was even elected but nice try.
 
oscardeuce

oscardeuce

Active Member
Originally Posted by VinnyRaptor
http:///forum/post/3181344
who said the game was won? your "Cowboy" did WAY TO MUCH DAMAGE for my guy to fix in 10 months, lmao. look at Reagan's numbers in his first 3 years. unemployment, approval rating, etc. Obama is doing what needs to be done but its gonna take time. you act like he's in his second term and he hasn't even finished his first year, lol.
President Obama is no Reagan......
 
oscardeuce

oscardeuce

Active Member
Originally Posted by VinnyRaptor
http:///forum/post/3181338
the Bush cuts started at the top and then "trickled" down you know this! 67% of the tax cuts were for the wealthiest 5% of the population. it was designed to create jobs and boost everyone. did it work? heck no it didn't or i'd be backing it.
Don't tax cuts favor those actually PAYING taxes.
For tax year 2007
Percentiles Ranked by AGI
AGI Threshold on Percentiles
Percentage of Federal Personal Income Tax Paid
Top 1%
AGI$410,096
Percent tax paid 40.42
Top 5%
$160,041
60.63
Top 10%
$113,018
71.22
Top 25%
$66,532
86.59
Top 50%
$32,879
97.11
Bottom 50%
<$32,879
2.89
Note: AGI is Adjusted Gross Income
Source: Internal Revenue Service
So, if you make $66,000 or above you are paying about 87% of the whole tax burden.
50% only pay 3% of the total.
Only 10% of all US tax "payers" pay about 71% of the total bill. How can a tax cut no favor those who work hard to make a good living.
I guess in your mind we need to redistribute even more earnings.
 
uneverno

uneverno

Active Member
Define taxpayer. Define tax cut.
Less than 50&#37; of federal revenue comes from individual income taxes.
Almost 40% comes from payroll taxes, e.g. Social Security, which is largely capped at ~106k. Hardly rich, but 15% of your gross income up to that point, after which you're exempt...
 
reefraff

reefraff

Active Member
Originally Posted by uneverno
http:///forum/post/3181502
Define taxpayer. Define tax cut.
Less than 50% of federal revenue comes from individual income taxes.
Almost 40% comes from payroll taxes, e.g. Social Security, which is largely capped at ~106k.
That is the problem. exactly 0% of federal revenue should come from FICA but thanks to the great society we have been spent into a debtor nation.
 
uneverno

uneverno

Active Member
Originally Posted by reefraff
http:///forum/post/3181521
That is the problem. exactly 0&#37; of federal revenue should come from FICA but thanks to the great society we have been spent into a debtor nation.
A fair statement.
Let's not forget though, that the subsequent (R) administrations (Nixon, Ford, Reagan, Bush I and II) did nothing but further the process. It could be argued that they slowed the process, but they certainly did not attempt to reverse it.
Let's also not forget that it was a Democrat who presided over the only post WWII budget surplus.
 
reefraff

reefraff

Active Member
Originally Posted by uneverno
http:///forum/post/3181526
A fair statement.
Let's not forget though, that the subsequent (R) administrations (Nixon, Ford, Reagan, Bush I and II) did nothing but further the process. It could be argued that they slowed the process, but they certainly did not attempt to reverse it.
Let's also not forget that it was a Democrat who presided over the only post WWII budget surplus.
Still had a surplus when Nixion was in office but yes, I think any of the Republicans you named should have shut the government down rather than sign many of the budgets they did.
 
stevedave08

stevedave08

Member
Originally Posted by reefraff
http:///forum/post/3181308
You mean like the guy at the tea party who had the gun? He was there because he didn't like the color of Obama's skin? You know, the tea bagger who also happened to be black?
So people who oppose obama are all dumb and intolerant, and you aren't arrogant. Yeah, whatever &#37;%
You make no sense. Having a gun at a peaceful protest is also ridiculous, and I don't care what color the guy with the gun was. Not all Obama haters are white, but most of them are. Keep grasping for straws though, it seems to be working for you.
You love to skip content in posts apparently and just respond to what you want. I didn't say all people who opposed Obama were dumb and intolerant, but the ones who are out there at these "tea parties" are rather stupid.
 
reefraff

reefraff

Active Member
Originally Posted by SteveDave08
http:///forum/post/3181709
You make no sense. Having a gun at a peaceful protest is also ridiculous, and I don't care what color the guy with the gun was. Not all Obama haters are white, but most of them are. Keep grasping for straws though, it seems to be working for you.
You love to skip content in posts apparently and just respond to what you want. I didn't say all people who opposed Obama were dumb and intolerant, but the ones who are out there at these "tea parties" are rather stupid.
The media made a big deal about the guy carrying the gun at the rally and NBC even made the remark about white people with guns attending the rally. Turns out the only guy with a gun was black but they omitted that, and the fact there were people of different races attending the rallies.
So you say everyone who attended the rallies are stupid. And that isn't arrogant? Yeah, OK. Just keep telling yourself that though, it seems to be working for you.
 
uneverno

uneverno

Active Member
Originally Posted by reefraff
http:///forum/post/3181594
Still had a surplus when Nixion was in office but yes, I think any of the Republicans you named should have shut the government down rather than sign many of the budgets they did.
ah - I didn't realize the Johnson administration left Nixon w/ a surplus. I was referring to the Clinton administration.

Kennedy may have balanced the budget too, but I was only three when he was assasinated, so my recollection may be off.
Then again, what surplus means when the term is used by politicians vs the real world is arguable.
 
darthtang aw

darthtang aw

Active Member
Originally Posted by uneverno
http:///forum/post/3181864
ah - I didn't realize the Johnson administration left Nixon w/ a surplus. I was referring to the Clinton administration.

Kennedy may have balanced the budget too, but I was only three when he was assasinated, so my recollection may be off.
Then again, what surplus means when the term is used by politicians vs the real world is arguable.
Why does everyone forget Eisenhower.
I don't count the budget as balanced if it is robbing from Social security fund to do so....
Clinton did not have a surplus...everyone confuses the projected budget with the actual one at the end of the year....
 
uneverno

uneverno

Active Member
I don't know offhand if Eisenhower balanced the budget or not. I was 6 mo old when he left office.
Basically, prior to WWII it was almost, if not always, balanced. FDR may well have started the defecit spending trend.
In any case, I agree on the SS statement.
 
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