get used to bailouts

get used to bailouts

PostBy: smokeyCityTeacher On: Wed Aug 11, 2010 4:28 pm

The latest $26B bailout of teachers unions and emergency responders is a clear indication that this pattern will be the rule not the exception for the rest of Obama's tenure.
none of the groups bailed out will have any incentive to reorganize in a sustainable way. They will continue on until the next crisis comes.
Arnold has threated to cut off all cash welfare in CALIF in Obama does not bail out CA. Arnold knows of course that this action would produce riots far worse than Rodney King's.
All the past talk of spending freezes and fiscal restraint etc. are meaningless.

As we have seen and will continue to see, every new situation that comes along will be a crisis that we have never seen before and the fear of the unknown will bring gov. intervention.
Eventually such a disproportionate number of people and groups will be directly dependent on the government to subsidize them that it will be impossible to wean them off the taxpayer tit.

Our momentum will carry us into a completely socialized economy from which there is no return.
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Re: get used to bailouts

PostBy: franco b On: Wed Aug 11, 2010 5:56 pm

smokeyCityTeacher wrote:Eventually such a disproportionate number of people and groups will be directly dependent on the government to subsidize them that it will be impossible to wean them off the taxpayer tit.

Our momentum will carry us into a completely socialized economy from which there is no return.


A very scary and likely scenario unless those who will have to carry a larger and larger share to pay for the non productive segment of our society finally unite in backing a leader with the courage to alienate the government parasites. It''s time we returned to a free market for both big government and big business instead of just giving it lip service.
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Re: get used to bailouts

PostBy: BillMarti On: Wed Aug 11, 2010 7:27 pm

I say let them riot. They elected and defend the idiots that are spending money like water. They also defend the illegals rights so let them have at it. When it's all over the politicians and the illegals will be back in mexico where they belong better yet give california back to mexico and see how they like it. :roll:
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Re: get used to bailouts

PostBy: jeromemsn On: Thu Aug 12, 2010 10:41 pm

Hmm "tax payer tit" You ever notice how much money everybody talks about getting back at the end of the year. Yep from February on to June all ya hear is,"Man we are getting thousands back." well I really did pay 14 grand in taxes last year and I didn't get a dime back, so get of my tit and get your #ss to work and join the rest of us that pay for everything you don't deserve.

Just think if everyone really paid tax and then at the end of the year didn't get any back, we would have so much surplus that we could all retire at 50 instead of 74. Stop the bitching pay your tax and lets get on down the road. We the ones that really are paying are tired of this song and dance about President Obama being the problem when he isn't. I wish the tax was a straight up 10 percent of what ever was earned for everyone. You earn a buck send in a dime, and with that I might add there should not be any other tax, just a one time 10 percent and done. If they can't run a government on that kind of money, well then they need to close up shop
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Re: get used to bailouts

PostBy: CapeCoaler On: Fri Aug 13, 2010 1:15 am

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Re: get used to bailouts

PostBy: lowfog01 On: Fri Aug 13, 2010 6:16 am

jeromemsn wrote:Hmm "tax payer tit" You ever notice how much money everybody talks about getting back at the end of the year. Yep from February on to June all ya hear is,"Man we are getting thousands back." well I really did pay 14 grand in taxes last year and I didn't get a dime back, so get of my tit and get your #ss to work and join the rest of us that pay for everything you don't deserve.


This is the most insulting, self serving, naive, uninformed thing I've ever read. Who do you think you are talking to? The majority people in this country and on this forum are the salt of the earth. Each of us work hard for our money and pay the taxes that we owe. The fact that we don't want to pay more or have refunded what we paid in excess doesn't make us dead beats "sucking at your tit." That mind set is ludicrous. Why are you so bitter about paying the $14 grand you owed last year? Obviously, you think you paid too much or you'd just accept the amount and shut up about it.

jeromemsn wrote:Just think if everyone really paid tax and then at the end of the year didn't get any back, we would have so much surplus that we could all retire at 50 instead of 74. Stop the bitching pay your tax and lets get on down the road. We the ones that really are paying are tired of this song and dance about President Obama being the problem when he isn't. I wish the tax was a straight up 10 percent of what ever was earned for everyone. You earn a buck send in a dime, and with that I might add there should not be any other tax, just a one time 10 percent and done. If they can't run a government on that kind of money, well then they need to close up shop


You seem not to understand - any money received in the form of a tax refund is not taxes not paid. That money is money taken from your earned income and put in an account to be used for the taxes you are projected to owe in the spring. It's your money. A wise individual arranges his W-2 form so that they are a few hundred dollars plus or minus of what will be owed in taxes. If you are getting a couple of thousand dollars in tax refunds you are providing the government with an interest free loan.

No one isn't paying the appropriate taxes in this scenario, they have overpaid and merely getting the excess money taken from them back.

jeromemsn wrote:We the ones that really are paying are tired of this song and dance about President Obama being the problem when he isn't.


What a crock of bull! Again you are implying that the majority of Americans aren't paying their full share. I ask again what planet do you live on? Statements such as these are easy to make but show me your sources. Your small business taxes and "fees" are going to go up by an estimated 10 to 15% come January 1 and Obama is directly responsible for it. That increase is going to be reflected in every aspect of your life. That is a fact and can be documented. For being such a successful businessman you sure don't seem to understand what is actually going on in this country. Small businesses such as the one you are supposedly involved with drive our economy and Obama's economic policies are killing them. That's easy to see if you are reading or listening to someone other then the Mainstream Media. Did you see that jobless claims are up and actual new hires are down? Did you see that our national debt grew by something like 1 Trillion dollars last month alone? Those facts are barely being mentioned much less really discussed in the MSM.

Actually, I'm starting to doubt what you say about your business background. No one in business would miss state the fact that tax refunds are actually taxes not paid. They'd know that's the individual's money. No small business man would welcome the tax increases coming in Jan. I shouldn't have to explain to you that those tax increases mean additional job loss across the country. That too is a fact and can be documented. Lisa
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Re: get used to bailouts

PostBy: samhill On: Fri Aug 13, 2010 8:15 am

Lisa, I may be wrong but I think he is referring more to the deadbeats that get more back in a refund than they pay in. I also think thats crazy not even to mention all the tax loopholes that are there for some. There would be nothing wrong with a flat Tax IMO, the problem lies with spending more than you take in, no family could ever last too long doing that yet many continue to try. Having more children than you could ever hope to support is still another pet pieve & if you don`t even know who the father is & didn`t get raped then its your problem not the governments. The bottom line is welfare as a way of life has to be fased out, make people do something for their check, all it does is promote generations of volenteer slaves that are taken care of but supply no labor. As for the so called tax increase the only reason it ever was is due to the surplus Bush had that he felt should go back to the people, a noble idea but maybe we would have been better off paying down the debt to S.S. than giving a tax cut. He gave the cut but increased the spending, now the GOP claims to be the fiscal saviors of the country but how many things they did were never funded when in power? And its not just them its been the way of running government for decades on both sides, maybe they all need to take a simple high school economics class (if there is such a thing now) it doesn`t take a rocket scientist to figure it out. Your right about small business driveing the economy & most pay their fair share & don`t get the breaks of big business but its the big businesses that either drive them out or gobble them up to become even bigger & get more breaks.
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Re: get used to bailouts

PostBy: lowfog01 On: Fri Aug 13, 2010 11:40 am

samhill wrote:Lisa, I may be wrong but I think he is referring more to the deadbeats that get more back in a refund than they pay in.


That's not what he said. He makes no mention of speaking about individuals who are making out like bandits under the tax laws by receiving benefits while not paying into the pot. He lumps everyone who got a tax refund as somehow taking advantage of the tax law and I resent it. I repeat a tax refund is not caused from not paying taxes. It isn't really a refund. It is the Federal Government returning money they took from me throughout the year to insure I would pay my taxes. If they took too much, they give it back in the "refund." I pay the taxes I owe and if I get a tax refund it's not because I didn't pay my taxes; I shouldn't be looked down on for getting my own money back in the form of a tax refund. Nor should I be expected to "donate" my refund to the good of the Republic. I am no way deserving of such a statement as "get of(f) my tit and get your #ss to work and join the rest of us that pay for everything you don't deserve." This is written as if he were talking to me directly as someone who got a refund and I resent the entire posting. It does a disservice to those of us who choose to get a lump sum refund in the spring rather then have a little more in our pockets each pay period. Lisa
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Re: get used to bailouts

PostBy: samhill On: Fri Aug 13, 2010 1:16 pm

Once again I could be wrong there may well be something in the past I don`t know about but you hadn`t even posted on the subject before his statement so I wouldn`t take it personal. I like you & probably most have my tax taken out & I normally do get some Fed. money back, some how or another the state & local always seem to come up short thats life, unless I`m the only one I don`t take it to heart. Then again they get to take it before I even see it, if they didn`t take enough why should I have to pay for their mistake.
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Re: get used to bailouts

PostBy: jeromemsn On: Fri Aug 13, 2010 1:53 pm

Well if any one takes offense to what I write............... well..............don't know what to say.

I don't read between the lines of what people write, nor do I add or take away from what a person writes. Seems like others do. They seem to do it to there own benefit too.

Corporate tax? Sheesh I paid 14 grand in personal tax If you want to know how much tax my company paid, have your Attorney get in touch with me and I will put him in touch with my Attorney.

Oh and what did I say..........really what did I say, I love it when somebody tells me what I said.

I don't mince words, I shoot from the hip. What I wrote is what I said and I didn't waver. Corporations are making record earnings (including mine), you hear about it everyday. Yet they want to pay less, and less, and less, and get more, more, more. I have never asked for a tax break to hire a person or a tax break to build an addition to the plant or a tax break to stay in a town or state or country. I don't have to look at one of my neighbors and say, yep I make more than you and I pay less than you.

I'm going to my grave with a simple thought in my heart/mind, I did what was asked.
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Re: get used to bailouts

PostBy: jeromemsn On: Fri Aug 13, 2010 1:56 pm

Oops forgot one thing..............I think government, state and local workers get paid off my tit....I think.
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Re: get used to bailouts

PostBy: samhill On: Fri Aug 13, 2010 2:18 pm

You got that right, government workers seem to have the best of everything as far as wages for amt. of work done benefits & pension but none seem to complain much about them. I`m not talking about the politicians, theres more than enough said about them, its about all the gov. jobs from all branches everywhere, mostly jobs thru the color of your skin, gender, or best of all relative ability which is the ability of a relative to get you a gov.job. If you think about it even welfare becomes a gov. job, they get paid for nothing but keeping their mouths shut & staying quiet & they can`t even do that but like most gov. workers they don`t get fired either. Guess I`m done with this one, not even about the subject anymore.
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Re: get used to bailouts

PostBy: lowfog01 On: Fri Aug 13, 2010 2:55 pm

jeromemsn wrote:Well if any one takes offense to what I write............... well..............don't know what to say.

I don't read between the lines of what people write, nor do I add or take away from what a person writes. Seems like others do. They seem to do it to there own benefit too.

Corporate tax? Sheesh I paid 14 grand in personal tax If you want to know how much tax my company paid, have your Attorney get in touch with me and I will put him in touch with my Attorney..

Oh and what did I say..........really what did I say, I love it when somebody tells me what I said.


I don't read between the lines either. I told you what my problem with your posting was the first time around but I'll say it again. You very clearly said to me that anyone getting a tax refund should "get of(f) my tit and get your #ss to work and join the rest of us that pay for everything you don't deserve." You further suggested that any such refund should be donated to the government. I repeat as a small businessman you should know that refund isn't tax money; that's my money which the government took control of to insure I paid my taxes. I find that you making such a statement is demeaning to those of full taxpayers among us who do have our excess payment returned in the form of a "refund." Personally, I don't care how much you pay in personal or company taxes. I assume you only pay the exact amount due and wonder why you would suggest that those who have their excess tax money returned after the tax year are deadbeats and should consider donating the excess money to the Republic. That's an argument I hear from a lot of liberals but none of them actually do it; do you?

As I was thinking of this, it occurred to me that perhaps you didn't mean to use the word "refund." Perhaps you were speaking of those citizens who do not pay taxes but receive subsides in one form or another. That's an entirely different story. However, not wanting to put words in your mouth I have to go with what you actually wrote until I hear differently from you. Have a good day, Lisa

Sam, I didn't respond early because I was traveling and without a computer.
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Re: get used to bailouts

PostBy: jeromemsn On: Fri Aug 13, 2010 3:25 pm

I don't see your name mentioned in my post Lowfog_1. I don't see where I suggested anything to anyone. I make statements, period. The American public was supposed to adjust there withholding so that at the end of the year there would be a balance of zero that the government was to return to you by way of a tax refund check, (Why would anyone want the Federal government holding on to there money anyway?). Where does it say I want you to donate anything? I do pay the amount of tax due...it's the law. Deadbeats???? where did I say anything of deadbeats????? I used the same words you did but now my words are demeaning???????
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Re: get used to bailouts

PostBy: jeromemsn On: Fri Aug 13, 2010 3:33 pm

Hmmm "Smokeycityteacher" started this subject but for some reason you think I'm talking to you "Lowfog01" Hmmmmmmmmmmmmm. Things that make you go Hmmmmmmmmmm. My post was actually before any of your posts but you still say I'm talking to you, hmmmmmmmmmm. Like I said I make statements.
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