Originally posted by chancellor
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Warren Buffett - "stop coddling the super-rich"
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"The Times found no pattern of sexual misconduct by Mr. Biden, beyond the hugs, kisses and touching that women previously said made them uncomfortable." -NY Times
"For a woman to come forward in the glaring lights of focus, nationally, you’ve got to start off with the presumption that at least the essence of what she’s talking about is real, whether or not she forgets facts" - Joe Biden
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Originally posted by senorsheep View PostHey, look, I found some conservatives who are willing to cut defense. I don't really understand why these socially conservative Christian fundamentalist lapdogs who never challenge Republican leadership would rise up against their masters like this, but here it is!
Linky: http://thehill.com/news-by-subject/d...n-defense-cuts
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Tea Party activists say the Pentagon should be targeted for cuts by the “supercommittee” created in the debt-ceiling deal.
Groups affiliated with the conservative grassroots movement say defense cuts should be on the table as the supercommittee tries to compile at least $1.5 trillion in deficit cuts.
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Tea Party activists say defense programs should come under the same knife as any other taxpayer-funded programs, and that massive national security budgets were not exempt from their definition of “big government.”
“The liberty movement is about the fundamental limitation of government, and that doesn’t have departmental boundaries with regards to this principle,” said Chris Littleton, co-founder of the Ohio Liberty Council.If I whisper my wicked marching orders into the ether with no regard to where or how they may bear fruit, I am blameless should a broken spirit carry those orders out upon the innocent, for it was not my hand that took the action merely my lips which let slip their darkest wish. ~Daniel Devereaux 2011
Nothing in all the world is more dangerous than sincere ignorance and conscientious stupidity.
Martin Luther King, Jr.
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That 2nd graph posted by CBB is misleading b/c of compounding interest. Also, simple demographics mean that spending on entitlements was going to be higher under Obama than Bush. The same will be true for the next president.
And as GITH said, none of us have said that tax increases should not be accompanied by spending cuts but yet many of the Republicans are saying the exact opposite. That is either a) pure political grandstanding (as I suspect, if they show much greater willingness to compromise), b) class warfare (if they don't compromise and the Democrats completely cave, or c) reckless endangerment of our economic future (if neither side budges as we have seen thus far).If DMT didn't exist we would have to invent it. There has to be a weirdest thing. Once we have the concept weird, there has to be a weirdest thing. And DMT is simply it.
- Terence McKenna
Bullshit is everywhere. - George Carlin (& Jon Stewart)
How old would you be if you didn't know how old you are? - Satchel Paige
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Originally posted by DMT View PostThat 2nd graph posted by CBB is misleading b/c of compounding interest. Also, simple demographics mean that spending on entitlements was going to be higher under Obama than Bush. The same will be true for the next president.
And as GITH said, none of us have said that tax increases should not be accompanied by spending cuts but yet many of the Republicans are saying the exact opposite. That is either a) pure political grandstanding (as I suspect, if they show much greater willingness to compromise), b) class warfare (if they don't compromise and the Democrats completely cave, or c) reckless endangerment of our economic future (if neither side budges as we have seen thus far)."The Times found no pattern of sexual misconduct by Mr. Biden, beyond the hugs, kisses and touching that women previously said made them uncomfortable." -NY Times
"For a woman to come forward in the glaring lights of focus, nationally, you’ve got to start off with the presumption that at least the essence of what she’s talking about is real, whether or not she forgets facts" - Joe Biden
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Originally posted by cardboardbox View Post60% isnt enough. That still only gets us to around a $600 billion deficit right? Rolling back all the Bush tax cuts, not just the ones for the rich, would only get back about $260 billion I think which leaves a massive deficit of $330 billion. Remember when $330 billion used to be a massive deficit, oh, 5 years ago? I remember the left (and myself) were up in arms over W's $200-400 billion/yr deficits which at the time were huge.I'm just here for the baseball.
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Originally posted by chancellor View PostIf we can get from $1.65 trillion to 0.33 trillion in the next budget, I'd be happy. I agree that a balanced budget would be even better.If I whisper my wicked marching orders into the ether with no regard to where or how they may bear fruit, I am blameless should a broken spirit carry those orders out upon the innocent, for it was not my hand that took the action merely my lips which let slip their darkest wish. ~Daniel Devereaux 2011
Nothing in all the world is more dangerous than sincere ignorance and conscientious stupidity.
Martin Luther King, Jr.
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Originally posted by chancellor View PostIf we can get from $1.65 trillion to 0.33 trillion in the next budget, I'd be happy. I agree that a balanced budget would be even better.
And yet that seems completely beyond our elected officials. Again, I think voters get some blame for this by electing people whose stated purpose is not to compromise one inch, no matter what.“Let me never fall into the vulgar mistake of dreaming that I am persecuted whenever I am contradicted.”
-Ralph Waldo Emerson
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Originally posted by Wonderboy View PostAnd this goes back to something I've said several times. It is absolutely amazing to me that we can find someone with such differing opinions as me and chance, and yet I am absolutely convinced that he and I could sit down and work out a fair and reasonable compromise that would put the country back on its feet in 5 or 10 years. And he and I aren't even that smart!
And yet that seems completely beyond our elected officials. Again, I think voters get some blame for this by electing people whose stated purpose is not to compromise one inch, no matter what.It certainly feels that way. But I'm distrustful of that feeling and am curious about evidence.
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Originally posted by Moonlight J View PostStewart does it again
"You know what's wrong with America? If I lovingly tongue a woman's nipple in a movie, it gets an "NC-17" rating, if I chop it off with a machete, it's an "R". That's what's wrong with America, man...."--Dennis Hopper
"One should judge a man mainly from his depravities. Virtues can be faked. Depravities are real." -- Klaus Kinski
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There is a decent analysis of Buffett's editorial over at the Motley Fool (financial analysis site):
http://www.fool.com/investing/genera...-on-taxes.aspx
If it asks you to register just trying visiting the site again. It lets you in for free/requires registration randomly.
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Originally posted by Lurker765 View PostThere is a decent analysis of Buffett's editorial over at the Motley Fool (financial analysis site):
http://www.fool.com/investing/genera...-on-taxes.aspx
If it asks you to register just trying visiting the site again. It lets you in for free/requires registration randomly.
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Originally posted by OaklandA's View PostGood article
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"This topic stirs up emotions so strong it's hardly worth discussing with peers. Most think taxes are either too high, or too low, and nothing will change their opinions -- end of story, with an almost religious level of conviction.
So rather than debate whether Buffett's right, I thought I'd share five pieces of data that put the topic into context.
Before that, let's get two things out of the way. One, Buffett explicitly says deep spending cuts are necessary. He calls this "job one" for the Congressional super-committee tasked with completing the recent debt-ceiling deal. Two, whenever Buffett calls for higher taxes, many respond with what they think is a clever rebuttal: "If he wants to pay more, he's welcome to donate his money to the IRS!" Folks, this totally misses the point."
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It is painful reading through comments sections on articles like this. Tons of people just saying things like "he should just donate his money to the IRS" or "why doesn't he give his money to charity if he feels guilty". These people (a) didn't read the article or (b) don't know anything about Buffett. How can you get into a discussion with someone about an article if they haven't even read it or don't even know any of the background about it.
Some of those comments talking about how Buffett "got his" and wants to raise the rates now to keep everyone else locked out. That sentiment was even echoed in a link there to the Wall Street Journal that said roughly the same thing. Yeah, Buffett "got his" back when the capital gains rate was 38% and the income tax rates were almost double what we have now. He did it in a far more difficult environment.
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Originally posted by lurker765 View Postyeah, buffett "got his" back when the capital gains rate was 38% and the income tax rates were almost double what we have now. He did it in a far more difficult environment."You know what's wrong with America? If I lovingly tongue a woman's nipple in a movie, it gets an "NC-17" rating, if I chop it off with a machete, it's an "R". That's what's wrong with America, man...."--Dennis Hopper
"One should judge a man mainly from his depravities. Virtues can be faked. Depravities are real." -- Klaus Kinski
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