Originally posted by Bardock42Yeah right. 🙄
That's mean 🙁I took you as inspiration 🙁
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.
Anyone realize that the gas prices have been dropping considerably?
http://www.time.com/time/business/article/0,8599,1849215,00.html?cnn=yes
Originally posted by Admiral Akbar
Anyone realize that the gas prices have been dropping considerably?http://www.time.com/time/business/article/0,8599,1849215,00.html?cnn=yes
I am hoping we eventually see under 2.00.
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?
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.
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?
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?
Originally posted by Devil King
By deregulation. DUH!
He was making fun of GOP sentiment.
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.
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.
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?
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.