Conservatism is calling

[mikehkang]

Originally Posted by Johnny Danger

One of the major disappointments that people have with Obama and/or his administration, is the lack of ability to clamp down on the greed associated with Wall Street. In fact, all his bailout plan did was line the pockets of Wall Street with bonuses.

It happened over 15 years ago. (The guy worked back and forth between NY and London. No, he did not become a British citizen as tax there was even higher. Go figure.)

JD, please watch "Too big to fail" if you have not. It will give a glimpse of how Wall Streeters think. I am going to read the book.

I think by and large, the members of this forum are free thinkers.
Just as we are willing to work on our cars ourselves, we are free thinkers who make our own decisions. I only hope that the information I encounter during my (re)search is correct. Otherwise, GIGO, right?

Thanks again and safe missions.

Mike

P.S. Can I get a signed copy of your 1st ed. autobiography when it comes out?

[coreseller]

Anyone remotely "in the know" see's where things are going, and it isn't anywhere near resembling a positive direction.......Black, White, Yellow, Red, Christian, Jew, Islam, Atheist, Gay, Straight, Blah, Blah, Blah..............

The Numbers are the Numbers, They don't look good.

If you are currently paying taxes, you're screwed.

If you're currently not paying taxes, you're eventually gonna be screwed.

If you're a business type, especially an owner (C Corp, S Corp, Sole PPS, LLC, etc.), seek counsel or sell, providing you can find a buyer...........:ah:

Pretty Upbeat Huh?

[The Radium King]

what defines an economy? does the government work it up and enforce it on the public, or is it matter of money in verus money out?

the government may mildly modify the rules, but from my point of view, the majority of what we define as 'the economy' is just business. if you wanna cut and run that just makes you an unamerican b!tch that's on the loosing end regardless of president. take your failing business, cut and run, and blame it on the president. still a b!itch from my pov.

of course, i'm canadian and know nothing about how money works; i just sit here end enjoy one of the best economies on earth.

[coreseller]

Originally Posted by The Radium King

what defines an economy? does the government work it up and enforce it on the public, or is it matter of money in verus money out?

the government may mildly modify the rules, but from my point of view, the majority of what we define as 'the economy' is just business. if you wanna cut and run that just makes you an unamerican b!tch that's on the loosing end regardless of president. take your failing business, cut and run, and blame it on the president. still a b!itch from my pov.

of course, i'm canadian and know nothing about how money works; i just sit here end enjoy one of the best economies on earth.

I suggest you read the papers, specifically the Business Section. That is exactly what is occurring........your b!itch

[brp987]

Hip Hop intro to Keynes vs Austrian school economics:

nicely done video produced by some George Mason university econ students

Fight of the Century | emergent order

[mikehkang]

Nice video.
It summarizes the two schools quite well.

The following isn't a video but it compares the supply-side and the demand-side economics. A Primer on Supply-Side vs Demand-Side Economics


For those of you without time to read the link above, here are some interesting questions:

1. If lower tax creates jobs and is good for economy, is the best tax rate 0% for everyone? Never mind the social programs but who then pays for the military?

2. Is the factory not hiring because tax is too high? Or, because no one has the money to buy?


Also, can we agree that we ALL pay taxes?
If you are inclined, you can follow this link. Misconceptions and Realities About Who Pays Taxes — Center on Budget and Policy Priorities

[Johnny Danger]

If Moochelle Obama stopped spending taxpayer money, what do you think would shrink first, the GNP or the deficit ?