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Do you support the $700 billion bail-out plan?
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Yes, I support the bail-out plan. 6 26.09%
No, I do not support the bail-out plan. 17 73.91%
Total: 23 votes 100%
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The Economy
Started by: Transfinitum

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Deja~vu
Dreamer

Gender: Female
Location: Michigan

quote: (post)
Originally posted by Bardock42
What are you even talking about?
Ultmatly the tax payers flip the bill, meaning all of us.


BTW, your poetry sucks.





j/k


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Old Post Oct 10th, 2008 09:57 PM
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Bardock42
Junior Member

Gender: Unspecified
Location: With Cinderella and the 9 Dwarves

quote: (post)
Originally posted by Deja~vu
Ultmatly the tax payers flip the bill, meaning all of us.


BTW, your poetry sucks.





j/k
That's mean sad

I took you as inspiration sad


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Old Post Oct 10th, 2008 10:00 PM
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chithappens
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Location: United States

Aww crap, I keep meaning to read his poetry. I'll do it tonight smile


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Old Post Oct 10th, 2008 10:01 PM
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Deja~vu
Dreamer

Gender: Female
Location: Michigan

quote: (post)
Originally posted by Bardock42
That's mean sad

I took you as inspiration sad
Yeah right. roll eyes (sarcastic)

Anyways we're in a circle. If we don't support the bail out then many people will lose their retirements. If we do then, maybe it won't happen, but I don't even believe it can be fixed because of all the greed. Of course we all don't want to pay to fix others mistakes. Our taxes are all ready overwhelming us and with all the foreclosures and bankruptcies how can a government squeeze blood from a stone. It cannot.


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Old Post Oct 10th, 2008 10:05 PM
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chithappens
Senior Member

Gender: Unspecified
Location: United States

Throwing money at something won't do a thing if it's not applied right.

For example, Wall Street continues to drop and people look confused. laughing out loud


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Old Post Oct 10th, 2008 10:17 PM
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Admiral Akbar
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Location: UnrealUniverse

Anyone realize that the gas prices have been dropping considerably?

http://www.time.com/time/business/a...00.html?cnn=yes


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Old Post Oct 11th, 2008 08:35 PM
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KidRock
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Gender: Male
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quote: (post)
Originally posted by Admiral Akbar
Anyone realize that the gas prices have been dropping considerably?

http://www.time.com/time/business/a...00.html?cnn=yes


I am hoping we eventually see under 2.00.


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Old Post Oct 11th, 2008 08:38 PM
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Admiral Akbar
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Too bad they might spike up again.


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Old Post Oct 11th, 2008 08:58 PM
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KidRock
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Can anyone inform me how raising the capital dividends tax will help make people invest more into the stock market?


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Old Post Oct 11th, 2008 10:15 PM
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Deja~vu
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Gender: Female
Location: Michigan

Gas is probably dropping because people aren't traveling and there is an over reserve of gas.


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Old Post Oct 12th, 2008 02:03 AM
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Devil King
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quote: (post)
Originally posted by KidRock
Can anyone inform me how raising the capital dividends tax will help make people invest more into the stock market?


Who is investing? The middle sclas guy that is just like you, or the big guy that has a billion dollars to gamble on?

Old Post Oct 12th, 2008 04:22 AM
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KidRock
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quote: (post)
Originally posted by Devil King
Who is investing? The middle sclas guy that is just like you, or the big guy that has a billion dollars to gamble on?


What about the retired middle class man that relies on income from his stocks and investments? With inflation rising and then capital dividends rising..how will he survive when hes losing half his retirement fund?


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Old Post Oct 12th, 2008 05:22 AM
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Devil King
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quote: (post)
Originally posted by KidRock
What about the retired middle class man that relies on income from his stocks and investments? With inflation rising and then capital dividends rising..how will he survive when hes losing half his retirement fund?


By deregulation. DUH! Even my retired, cotton-picking grandfather is saying McCain is a joke. He hates black people. He's even said they smell funny when they're in the operating room. It's ricockulous that he's preaching the furthurance of this party and people like yourself are wallowing in it. He's said that he'll be voting for Obama because his middle name is not Hussain. You might not realize how profound it is for my grandfather to vote democrat, but I do. He gave me my first shot gun when I was 10. He raised honey bees and grew his own vegitables up until last year. He watched his wife of 35 years die. He married a woman that had a 2nd wife who had a child who needed special care. That child paid her benefits directly towards her own heathcare. She didn't get a goddamn thing from her own government. What she got was a set of parents that have experienced the stupidity in this government that have motivated them not to vote republican.

Last edited by Devil King on Oct 12th, 2008 at 05:47 AM

Old Post Oct 12th, 2008 05:43 AM
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KidRock
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Gender: Male
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quote: (post)
Originally posted by Devil King
By deregulation. DUH! Even my retired, cotton-picking grandfather is saying McCain is a joke. He hates black people. He's even said they smell funny when they're in the operating room It's rickulous that he's preaching the furthurance of this party and people ike yourself are swallowing it. He's said that he'll be voting forObama because his middle name is not Hussain. You might not realize how profound it is for my grandfather to vote democrat, but I do. He gave me my first shot gun when I was 10. He raised honey bees up until last year. He watched his wife of 35 years die. He married a woman that had a 2nd wife who had a child who needed special care. That child paid her benefits directly towards her own heathcare. She didn't get a goddamn thing from her own government. What she got was a set of parents that have experienced the stupidity in this government that have motivated them not to vote republican.


Ok...



What about the retired middle class man that relies on income from his stocks and investments? With inflation rising and then capital dividends rising..how will he survive when hes losing half his retirement fund?


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Old Post Oct 12th, 2008 05:44 AM
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dadudemon
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Gender: Male
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quote: (post)
Originally posted by KidRock
Ok...



What about the retired middle class man that relies on income from his stocks and investments? With inflation rising and then capital dividends rising..how will he survive when hes losing half his retirement fund?


quote: (post)
Originally posted by Devil King
By deregulation. DUH!


He was making fun of GOP sentiment.


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Old Post Oct 12th, 2008 05:50 AM
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Devil King
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quote: (post)
Originally posted by KidRock
Ok...



What about the retired middle class man that relies on income from his stocks and investments? With inflation rising and then capital dividends rising..how will he survive when hes losing half his retirement fund?


How long did he have to reconsider the treacherous nature of the stock market? He invested his money in a stock market that has been allowed to run free without consideration of the 60 year old investor or his reasons for doing so. You've just just put forth the retiree that had faith in a stock market this administration has conidered so little that hes lost him money. Perhaps he should invest what little money he has left into the market that has seen fit to **** him over. De-regulate, de-regulate, de-regulate. Maybe next time the bankers will actually insert their cock into that average Amerian's ass! At least they'll be have a blood stain to show for it. Bloody panties mean something.

Old Post Oct 12th, 2008 05:56 AM
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KidRock
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But how are these higher dividend taxes going to help the old retirees living off their stock dividends along with their IRA's?

Or do all retirees fit into that 5% Obama said he would raise taxes on?


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Old Post Oct 12th, 2008 06:06 AM
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Hunkajunk
Running Amok

Gender: Male
Location: USA

quote: (post)
Originally posted by KidRock
But how are these higher dividend taxes going to help the old retirees living off their stock dividends along with their IRA's?

Or do all retirees fit into that 5% Obama said he would raise taxes on?


If it is dividend income (not from a retirement plan) it would be subject to the dividend tax.

If it's a payment from a retirement plan it's taxed as regular income. and exempt from the dividend tax.

I think the only ones who benefit from this tax (or any) being higher is the government

I'm no expert but I think that is how it works.


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Last edited by Hunkajunk on Oct 13th, 2008 at 10:44 PM

Old Post Oct 13th, 2008 10:40 PM
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Grand-Moff-Gav
Senior Member

Gender: Male
Location: USA

quote: (post)
Originally posted by Transfinitum
Well, my friends, the United States economy on Wall Street dropped 777.68 points today. We've been seeing bank failures all throughout the US and Europe and no one knows what to do to save the world from a global depression, since we are already in depression.

Now to the question, what would you personally do, if you were the president/trade secretary/etc. to fix this mess?

Personally, I would actually promote a purely capitalist method: let the large banks fail, let the world go into economic slowdown, and have the system re-built naturally.

Also a side question; would you support the 700 billion dollar bail-out plan that failed in the house this morning?


Is that how Rome should deal with the failing dioceses?


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Old Post Oct 14th, 2008 12:29 AM
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KidRock
Senior Member

Gender: Male
Location:

quote: (post)
Originally posted by Hunkajunk
If it is dividend income (not from a retirement plan) it would be subject to the dividend tax.

If it's a payment from a retirement plan it's taxed as regular income. and exempt from the dividend tax.

I think the only ones who benefit from this tax (or any) being higher is the government

I'm no expert but I think that is how it works.


do most people have over 250,000 saved up in a retirement fund?

So will they be taxed in Obamas higher income bracket when they finally retire?

But but but..Obama wont raise taxes on 95% of the country..I guess only 5% of the country will be retiring.


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Old Post Oct 14th, 2008 12:53 AM
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