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2012 Election


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  #211 (permalink)
 
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 liquidcci 
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Here is a question

Does anyone really believe by taxing more those who make over 250k all the way to the super rich will really create jobs and decrease our national debt as a country in a way that takes us off a crash course?

The US government does not have a revenue problem it has a spending problem. Taxing those who make more will only marginally reduce the debt and will hurt small businesses who will in turn reduce hiring.. So that leaves two solution cut spending until it hurts or raise taxes on the entire middle class. Yes, they ultimately want your money middle class you are the honey pot of big government. Don't believe the rhetoric you are about to suffer. Problem is your sacrifice will not matter unless spending is cut to the bone.

One of the main reasons the economy is in this mess. Is the socialist thinking that everyone should own a house no matter how bad credit. Guess who implemented that? Clinton Administration.

Obama comes along and passes passes next big socialist program Obamacare by shoving it down everyone's throat as majority did not want it. The damage this does the United States may not be seen until years down the road but it will come. I am sure Bush will most likely be blamed for that as well.

There is a point and maybe we have already passed it where we can't recover. My hope is we can but turning America into a socialist government is sure fire way to destroy many of things that have made us the most prosperous nation in the history of the world. History is littered with nations who were once great and are now marginal or gone.

"The day I became a winning trader was the day it became boring. Daily losses no longer bother me and daily wins no longer excited me. Took years of pain and busting a few accounts before finally got my mind right. I survived the darkness within and now just chillax and let my black box do the work."
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  #212 (permalink)
 syxforex 
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liquidcci, if you were running on a spending cuts program, of the established programs, what would be your top three cuts?

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  #213 (permalink)
 
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 liquidcci 
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Maybe all the traders who make the most should be required to give 50% or more of profits to traders who don't profit. I mean come on it is not fair other traders struggle. The profitable ones should do their fair share and help the other traders. Would this not be a trading Utopia where it is no longer the top 5% who prosper while the other 95% lose? Would this not mean that all could be prosperous? It is just not fair because these other traders did not have the same chance that the top traders got.


I put Obama think in trader terms to show the absurdity of socialistic thinking.

"The day I became a winning trader was the day it became boring. Daily losses no longer bother me and daily wins no longer excited me. Took years of pain and busting a few accounts before finally got my mind right. I survived the darkness within and now just chillax and let my black box do the work."
  #214 (permalink)
 syxforex 
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It doesn't work that way in right wing socialism. The traders who make the most receive trillions in taxes from the 95%. We are on planet fact and reality here...

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  #215 (permalink)
 
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 liquidcci 
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syxforex View Post
liquidcci, if you were running on a spending cuts program, of the established programs, what would be your top three cuts?

@syxforex that is a big question but the first thing I would do is kill the bureaucratic machine and cut the insane waste, giant pensions, salaries that are higher than the private sector but do less.

I worked in the aerospace and defense industry at one time and the waste phenomenal. Yes the government paying $1000 for a hammer and a toilet seat is true. Heck you might could get all the cuts you need just be reducing waste and redundancy.

I do think both sides of the political isle are going to have to get honest and both cut things they defend.

"The day I became a winning trader was the day it became boring. Daily losses no longer bother me and daily wins no longer excited me. Took years of pain and busting a few accounts before finally got my mind right. I survived the darkness within and now just chillax and let my black box do the work."
  #216 (permalink)
 
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 liquidcci 
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syxforex View Post
It doesn't work that way in right wing socialism. The traders who make the most receive trillions in taxes from the 95%. We are on planet fact and reality here...

sysforex I am not just talking about the super rich and the big banking houses and neither is Obama. The upper middle is being targeted thus my comparison.

"The day I became a winning trader was the day it became boring. Daily losses no longer bother me and daily wins no longer excited me. Took years of pain and busting a few accounts before finally got my mind right. I survived the darkness within and now just chillax and let my black box do the work."
  #217 (permalink)
 syxforex 
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Totally here ya, government traders were spending a lot more than that on their bathrooms though... check out the details of Merrill's CEO Thains getup... For Merrill Lynch CEO John Thain, an outrageously expensive trash can - which was part of a $1 million office decorating spree - got him canned by his new bosses at Bank of America.

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  #218 (permalink)
 
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 Silver Dragon 
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syxforex View Post
It doesn't work that way in right wing socialism. The traders who make the most receive trillions in taxes from the 95%. We are on planet fact and reality here...


Not really. The top 10% pay over 60% of the taxes. The bottom 50% pays 4% of the taxes and the middle class 36% of the taxes. As the marginal tax rate was decreased over the years the amount of taxes paid by the top 10% went up and the burden on the middle and lower class went down. As I remember you want the rich to pay more. As a result of this action the amount of taxes paid by the rich will go down and the middle and lower class will pay more. Again is this what you want??


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  #219 (permalink)
 syxforex 
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Corporations are people.


Silver Dragon View Post
Not really. The top 10% pay over 60% of the taxes. The bottom 50% pays 4% of the taxes and the middle class 36% of the taxes. As the marginal tax rate was decreased over the years the amount of taxes paid by the top 10% went up and the burden on the middle and lower class went down. As I remember you want the rich to pay more. As a result of this action the amount of taxes paid by the rich will go down and the middle and lower class will pay more. Again is this what you want??



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  #220 (permalink)
 
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 Silver Dragon 
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syxforex View Post
Corporations are people.

Apparently you cant argue with the numbers.

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Last Updated on November 7, 2012


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