Who caused this DEPRESSION Bush or Obama

Re: Who caused this DEPRESSION Bush or Obama

PostBy: samhill On: Mon Feb 22, 2010 9:05 pm

In the first place Reagan gave tax cuts in name only, after all was said & done most pretty much stayed the same with the middle actually bearing the brunt. But anyhow its a different animal now because there are so few working & paying tax that theres even less revenue coming in while it will be even worse for most states with the lower real estate values. The fat lady didn`t enter the music hall yet its gonna be a long time before she sings. A recovery is always ten times slower than the fall & some areas may not come back at all in the near future.
samhill
 
Hot Air Coal Stoker Furnace: keystoker 160
Hand Fed Coal Stove: hitzer 75 in garage
Stove/Furnace Make: keystoker/hitzer
Stove/Furnace Model: koker 160/ hitzer 75

Re: Who caused this DEPRESSION Bush or Obama

PostBy: smokeyCityTeacher On: Sun Mar 07, 2010 1:26 am

false dichotomy

heres one for you?

"Do you still beat your wife or have you stopped ?"

The correct answer is not one of the choices

The correct answer is Clinton, Dodd & Frank
smokeyCityTeacher
 
Hand Fed Coal Stove: Hitzer 30-95
Stove/Furnace Make: Englander, Hitzer
Stove/Furnace Model: 30-NC, 30-95

Re: Who caused this DEPRESSION Bush or Obama

PostBy: samhill On: Sun Mar 07, 2010 8:11 am

Smokey, your another one, instead of taking a little effort & looking things up you just run mouth. Why not just inform yourself, then if I`m wrong on the point I made it simply makes you look better.
samhill
 
Hot Air Coal Stoker Furnace: keystoker 160
Hand Fed Coal Stove: hitzer 75 in garage
Stove/Furnace Make: keystoker/hitzer
Stove/Furnace Model: koker 160/ hitzer 75


Re: Who caused this DEPRESSION Bush or Obama

PostBy: Poconoeagle On: Sun Mar 07, 2010 10:24 am

GUESSWHO.jpg
(35.26 KiB) Viewed 17 times
View: New PagePopup • Select:BBCode
[nepathumb]19749[/nepathumb]

GUESSWHO1.jpg
(70.21 KiB) Viewed 2 times
View: New PagePopup • Select:BBCode
[nepathumb]19750[/nepathumb]

GUESSWHO2.jpg
(59.78 KiB) Viewed 3 times
View: New PagePopup • Select:BBCode
[nepathumb]19751[/nepathumb]

GUESSWHO3.jpg
(64.7 KiB) Viewed 2 times
View: New PagePopup • Select:BBCode
[nepathumb]19752[/nepathumb]

GUESSWHO4.jpg
(44.17 KiB) Viewed 3 times
View: New PagePopup • Select:BBCode
[nepathumb]19753[/nepathumb]

GUESSWHO5.jpg
(45.36 KiB) Viewed 3 times
View: New PagePopup • Select:BBCode
[nepathumb]19754[/nepathumb]
Poconoeagle
 
Stove/Furnace Make: Buckwalter & Co. , EFM520
Stove/Furnace Model: No. 28 Glenwood 1880, Alaska

Re: Who caused this DEPRESSION Bush or Obama

PostBy: Hambden Bob On: Sun Mar 07, 2010 10:31 am

Thank God and Combat Vets for Free Speech.
Hambden Bob
 
Hot Air Coal Stoker Stove: Harman 1998 Magnum Stoker
Coal Size/Type: Rice-A-Roni !

Re: Who caused this DEPRESSION Bush or Obama

PostBy: freetown fred On: Sun Mar 07, 2010 10:34 am

Oh YEEEAH,that's really paid off
freetown fred
 
Hand Fed Coal Stove: HITZER 50-93
Coal Size/Type: BLASCHAK Nut/Stove mix

Re: Who caused this DEPRESSION Bush or Obama

PostBy: Poconoeagle On: Sun Mar 07, 2010 10:37 am

GUESSWHO6.jpg
(45.5 KiB) Viewed 3 times
View: New PagePopup • Select:BBCode
[nepathumb]19755[/nepathumb]
GUESSWHO7.jpg
(51.9 KiB) Viewed 2 times
View: New PagePopup • Select:BBCode
[nepathumb]19756[/nepathumb]
GUESSWHO8.jpg
(48.8 KiB) Viewed 3 times
View: New PagePopup • Select:BBCode
[nepathumb]19757[/nepathumb]
GUESSWHO9.jpg
(45.78 KiB) Viewed 2 times
View: New PagePopup • Select:BBCode
[nepathumb]19758[/nepathumb]
GUESSWHO10.jpg
(39.08 KiB) Viewed 2 times
View: New PagePopup • Select:BBCode
[nepathumb]19759[/nepathumb]
GUESSWHO11.jpg
(63.27 KiB) Viewed 2 times
View: New PagePopup • Select:BBCode
[nepathumb]19760[/nepathumb]
GUESSWHO12.jpg
(48.3 KiB) Viewed 2 times
View: New PagePopup • Select:BBCode
[nepathumb]19761[/nepathumb]
GUESSWHO13.jpg
(58.1 KiB) Viewed 2 times
View: New PagePopup • Select:BBCode
[nepathumb]19762[/nepathumb]
Poconoeagle
 
Stove/Furnace Make: Buckwalter & Co. , EFM520
Stove/Furnace Model: No. 28 Glenwood 1880, Alaska

Re: Who caused this DEPRESSION Bush or Obama

PostBy: bear creek burnout On: Sun Mar 07, 2010 1:50 pm

The Federal Reserve: Causing recessions since 1913.....
Q: How does the privately owned Federal Reserve manage to operate in the public interest?
A: It doesn't!
bear creek burnout
 
Stove/Furnace Make: Hitzer
Stove/Furnace Model: 503 Insert

Re: Who caused this DEPRESSION Bush or Obama

PostBy: smokeyCityTeacher On: Sun Mar 07, 2010 10:18 pm

samhill wrote:Smokey, your another one, instead of taking a little effort & looking things up you just run mouth. Why not just inform yourself, then if I`m wrong on the point I made it simply makes you look better.


OK - Ill look up the answer to "who caused the recession?"

Maybe you can help me out by just posting the correct answer and then it will be settled.
smokeyCityTeacher
 
Hand Fed Coal Stove: Hitzer 30-95
Stove/Furnace Make: Englander, Hitzer
Stove/Furnace Model: 30-NC, 30-95

Re: Who caused this DEPRESSION Bush or Obama

PostBy: samhill On: Mon Mar 08, 2010 8:44 am

I won`t make it that easy for you, if your a self professed teacher it should be no problem, it wasn`t either of your two choices but if Bush`s advisiors were on the ball it might have been able to be less drastic(might not) it was a combination of a lot of things, mostly resulting from a false economy created by the Feds. What goes up must go down, there were plenty of signs but it was unpopular to address them, so much easier to ignore & besides that a lot of people made an aweful lot of money on the downturn.
samhill
 
Hot Air Coal Stoker Furnace: keystoker 160
Hand Fed Coal Stove: hitzer 75 in garage
Stove/Furnace Make: keystoker/hitzer
Stove/Furnace Model: koker 160/ hitzer 75

Re: Who caused this DEPRESSION Bush or Obama

PostBy: gerard On: Wed Mar 31, 2010 9:36 pm

samhill wrote:In the first place Reagan gave tax cuts in name only, after all was said & done most pretty much stayed the same with the middle actually bearing the brunt. But anyhow its a different animal now because there are so few working & paying tax that theres even less revenue coming in while it will be even worse for most states with the lower real estate values. The fat lady didn`t enter the music hall yet its gonna be a long time before she sings. A recovery is always ten times slower than the fall & some areas may not come back at all in the near future.


He reduced the top brackets from over 40% to something like 33% and all the way down. He also changed capital gains rates which spurs investment. How is that in name only? And what do you think the person who makes a million dollars a year do when he/she keeps more of their earned money? They buy a yacht, plane etc. Who makes the yacht, plane, etc? The other option is give more to the government. What do they do with the money? Spend it on more programs, maybe buy more stuff (military contracts etc) but we know they don't spend it efficiently. Naysayers can say what they want but "trickle down" works and the government can take in more money by reducing taxes which spurs the economy so more income is produced which more than offsets the lower tax rates.
gerard
 
Stove/Furnace Make: yukon dual fuel
Stove/Furnace Model: husky

Re: Who caused this DEPRESSION Bush or Obama

PostBy: jeromemsn On: Wed Mar 31, 2010 11:11 pm

Now samhill President Bush's advisor's did tell him about things, that's why he said "damn bankers are a bunch of drunks" Remember the media catching that interesting tidbit, I do, thats the day I sold every stock I owned
jeromemsn
 
Hot Air Coal Stoker Furnace: Keystoker 90 dvc
Hand Fed Coal Stove: Harman elite fireplace insert

Re: Who caused this DEPRESSION Bush or Obama

PostBy: smokeyCityTeacher On: Thu Apr 01, 2010 12:41 am

Brian wrote:The goverment is not being completely squeekey kleen with the masses. Unemployment 10% they are not telling you about the people who exausted there benefits ending 12-31-09. Talking about tens of thousands unemployed. Housing market crash. Cheap housing but who could afford to buy. Don't sell your GUNS!!



better question - whose gonna multiply the deficit ten or twenty fold and collape the dollar ?
smokeyCityTeacher
 
Hand Fed Coal Stove: Hitzer 30-95
Stove/Furnace Make: Englander, Hitzer
Stove/Furnace Model: 30-NC, 30-95

Re: Who caused this DEPRESSION Bush or Obama

PostBy: samhill On: Thu Apr 01, 2010 8:03 am

If you were in the upper brackets you got a break as you said but then all the way down if your income stayed the same you simply went into a higher bracket or stayed the same(do the math). You were caught in what was called bracket creep. Then & unless your old enough to remember he elimanated most of the deductions that the average person used to be able to claim but if your income was high they were still there. Its all on the net, let me know if I`m telling the truth or not.
samhill
 
Hot Air Coal Stoker Furnace: keystoker 160
Hand Fed Coal Stove: hitzer 75 in garage
Stove/Furnace Make: keystoker/hitzer
Stove/Furnace Model: koker 160/ hitzer 75

Re: Who caused this DEPRESSION Bush or Obama

PostBy: gerard On: Thu Apr 01, 2010 9:56 pm

samhill wrote:If you were in the upper brackets you got a break as you said but then all the way down if your income stayed the same you simply went into a higher bracket or stayed the same(do the math). You were caught in what was called bracket creep. Then & unless your old enough to remember he elimanated most of the deductions that the average person used to be able to claim but if your income was high they were still there. Its all on the net, let me know if I`m telling the truth or not.

Are you for a flat tax? I am. Make a 10% or so flat tax from dollar 0, eliminate all tax deduxtions and credits. how much you think we'd save on administrative costs? Of course the accounting lobby would be against this as they benefit from a complicated tax code but hey, you can't please everyone. You make $25000 a year, you pay 2500 in taxes. Make 5,000,000 a year and you pay 500,000. Fair or not? Right now they use the tax code to implement social policy and shape economic policy. (Tax credits for kids, deductions for interest on a mortgage etc).

Why are no pols seriously looking at this? Answer - it would be too transparent, too hard to "hide" hidden taxes, and give the pols less influence over our lives! Any of you who think the politicians are after your best interest are naieve. Most politicians get into politics for the power and influence the position brings and they will do nothing to jeapordize their authority.
gerard
 
Stove/Furnace Make: yukon dual fuel
Stove/Furnace Model: husky