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Have you  ever been accused by a woman of having sex with her without her permission?

Yes
- 1 (9.1%)
No
- 9 (81.8%)
I'm not sure.
- 1 (9.1%)

Total Members Voted: 11

Voting closed: August 18, 2019, 10:39:33 PM


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Author Topic: Trump Administration  (Read 166227 times)

LarryBnDC

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“To be led by a fool is to be lead by the opportunists who control the fool." - Octavia Butler

REDSTATEWARD

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Re: Trump Administration
« Reply #20206 on: September 13, 2019, 10:58:46 PM »

A bad debate for the Marxists.

Bernie Sanders again extolled the virtues of life in Canada and Scandinavia  but omitted some interesting details.
Sanders hates the Trump cuts in business tax rates, but the Canadians and Scandinavians have gone even further.  The combined state and federal corporate income tax rate in the United States is still higher than the rates in Canada, Denmark, Norway and Sweden. Hmmm

The Heritage Foundation’s Index of Economic Freedom ranks Canada as the eighth freest economy in the world—with more economic liberty than the United States, which ranks twelfth.

The Scandinavian countries are all in the top 30.

Swedish historian Johan Norberg explainshow a decades-long movement toward economic freedom has revived Swedish prosperity:
“One thing the left gets wrong is that they think that Sweden has this sort of warm, friendly, fuzzy capitalist thing—no layoffs, no fierce competition, protecting the old companies and so on. And it’s really the total opposite. It’s more deregulated. The product markets are much fiercer competition, much more free trade. All of the companies know that they have to be world champions or they will be destroyed.
We have much higher taxes on the poor and the middle classes than you do, And this is the dirty little secret that no one in the American left wants to talk about. Nonprogressive taxes on consumption, social security and payroll are 27% of Swedish gross domestic product, 16 points higher than in the U.S.


As for Medicare for All the debate underscored  the problems Sanders and Elizabeth Warren have in explaining the costs of their plans  Joe Biden and Amy Klobuchar of Minnesota effectively pointed out the staggering costs and abolition of current health plans that would result.
Warren had nothing but dodges to the question even when confronted by Biden on how she would finance her scheme. She lamely dodged muttering promises to punish the rich while reducing costs for the middle class. But as Biden pointed out, even if her wealth tax could raise the nearly $3 trillion she promises over a decade, that would still leave her close to $30 trillion short.

Sanders did not hide the fact the middle class and the poor are going to have to pay more taxes.
But both he and Warren can’t explain why 150 million Americans who would lose their current coverage would gladly vote to lose private insurance to a government agency.

A bad night for the Marxists.
Well deserved.
« Last Edit: September 13, 2019, 11:08:55 PM by REDSTATEWARD »
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Yankguy1

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Re: Trump Administration
« Reply #20207 on: September 13, 2019, 11:02:01 PM »

Citation?
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facilitatorn

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Re: Trump Administration
« Reply #20208 on: September 13, 2019, 11:57:21 PM »

It shows Red doesn’t support capitalism or even low taxes. He only loves cronyism, incompetence, and open corruption, the three tent poles of the republican party.
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Barton

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Re: Trump Administration
« Reply #20209 on: September 14, 2019, 09:09:07 AM »

Citation?

To employ a Boz-ism, I suspect it may rhyme with Sloshington Hexaminer.  Or maybe rhyme with Nero Sledge. 

Quote
But both he and Warren can’t explain why 150 million Americans who would lose their current coverage would gladly vote to lose private insurance to a government agency.   

They might be glad if their increased taxes amount to considerably less than their present insurance payments.   That's math most people can grasp.
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LarryBnDC

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Re: Trump Administration
« Reply #20210 on: September 14, 2019, 10:05:54 AM »

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REDSTATEWARD

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Re: Trump Administration
« Reply #20211 on: September 14, 2019, 10:22:24 AM »

Citation?

To employ a Boz-ism, I suspect it may rhyme with Sloshington Hexaminer.  Or maybe rhyme with Nero Sledge. 

Quote
But both he and Warren can’t explain why 150 million Americans who would lose their current coverage would gladly vote to lose private insurance to a government agency.   

They might be glad if their increased taxes amount to considerably less than their present insurance payments.   That's math most people can grasp.
Even if it meant pigs can fly the idea that government run insurance would be a popular choice is hysterical. Even Medicare cannot function effectively without the support of private insurance.
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REDSTATEWARD

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LarryBnDC

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Re: Trump Administration
« Reply #20213 on: September 14, 2019, 11:19:04 AM »

Citation?

To employ a Boz-ism, I suspect it may rhyme with Sloshington Hexaminer.  Or maybe rhyme with Nero Sledge. 

Quote
But both he and Warren can’t explain why 150 million Americans who would lose their current coverage would gladly vote to lose private insurance to a government agency.   

They might be glad if their increased taxes amount to considerably less than their present insurance payments.   That's math most people can grasp.
Even if it meant pigs can fly the idea that government run insurance would be a popular choice is hysterical. Even Medicare cannot function effectively without the support of private insurance.

There’s a reason for that and it is called profit motive.
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“To be led by a fool is to be lead by the opportunists who control the fool." - Octavia Butler

Barton

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Re: Trump Administration
« Reply #20214 on: September 14, 2019, 12:43:13 PM »



Even if it meant pigs can fly the idea that government run insurance would be a popular choice is hysterical.

Yeah, people really HATE the FDIC and SSA.  I'm sending my SS checks back, and if my bank fails I will be happily broke!   
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REDSTATEWARD

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Re: Trump Administration
« Reply #20215 on: September 14, 2019, 01:29:47 PM »



Even if it meant pigs can fly the idea that government run insurance would be a popular choice is hysterical.

Yeah, people really HATE the FDIC and SSA.  I'm sending my SS checks back, and if my bank fails I will be happily broke!   
If you are happy with your SSA check enjoy it.
But thank goodness for 401k s and a plethora of other private investments to enjoy retirement.
Ac­cord­ing to the Fed­eral Re­serve, house-holds headed by peo­ple over the age of 55 own 73% of the value of do­mes­ti­cally owned stocks, and the same share of Amer­i­ca’s to­tal wealth.
House-holds of ages 65 to 74 have an av­er­age of $1,066,000 in net worth, while those be­tween ages 35 and 44 have less than a third as much on av­er­age, at $288,700.
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bankshot1

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Re: Trump Administration
« Reply #20216 on: September 14, 2019, 01:55:45 PM »



Even if it meant pigs can fly the idea that government run insurance would be a popular choice is hysterical.

Yeah, people really HATE the FDIC and SSA.  I'm sending my SS checks back, and if my bank fails I will be happily broke!   
If you are happy with your SSA check enjoy it.
But thank goodness for 401k s and a plethora of other private investments to enjoy retirement.
Ac­cord­ing to the Fed­eral Re­serve, house-holds headed by peo­ple over the age of 55 own 73% of the value of do­mes­ti­cally owned stocks, and the same share of Amer­i­ca’s to­tal wealth.
House-holds of ages 65 to 74 have an av­er­age of $1,066,000 in net worth, while those be­tween ages 35 and 44 have less than a third as much on av­er­age, at $288,700.

I just took a look at median household net worth and the #s are nowhere near the #s that Red has posted, as the very wealthy can skew the averages dramatically. Its amazing what a handful of bilionaires can do to the #s.

Here’s the median net worth of U.S. families based on the age of the head of household:



Age 35 or younger: $11,100
Age 35-44: $59,800
Age 45-54: $124,200
Age 55-64: $187,300
Age 65-74: $224,100
Age 75 or older: $264,800

And these numbers reflect (in general for a buy and hold investor) huge stock market gains since the early 1980s and very strong reeal estate markets since the Republican-fed Financial crisis of 2007, saved by the sage and steady hand of our first-Kenyan President who saved our economy and global markets from the idiocy and dangers of non-regulation.   

Now I'm not sure if these #s are tax effected for 401ks that will be eventually taxed or home appreciation that may be subject to taxes, but in either case it paints a far less robust picture than Red's paint by #s wishes to portrays. 

I suspect Red might have known the difference, but as he's fond of misleading people, one can't be sure. if he's a liar or a a stupid liar.
« Last Edit: September 14, 2019, 01:57:33 PM by bankshot1 »
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REDSTATEWARD

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Re: Trump Administration
« Reply #20217 on: September 14, 2019, 02:27:19 PM »


https://spectrem.com/Content_Press/press-release-spectrem-groups-2019-market-insights-report.aspx



Key findings include:

In 2018, there were 31.2 million Mass Affluent households with a net worth between $100,000 and $1 million, NIPR. That is an increase of 200,000 households from 2017.

The number of Millionaires, defined in the report as those with a net worth between $1 million and $5 million, climbed to 10.23 million, an increase of 250,000 compared with 2017. Including the wealth segments referenced below, there are 11.8 million Americans with a net worth of at least $1 million.

The Ultra High Net Worth market, in which net worth is between $5 million and $25 million, grew to 1,397,000 households, an increase of 47,000 from 2017.

There are now 173,000 households with a net worth exceeding $25 million, an increase of 1,000 households from the previous year. In the 2018 Market Insights report, there was an increase of 16,000 households with a net worth exceeding $25 million, so the 2019 report shows the growth in that wealth segment, as well as in all others, slowed considerably.
« Last Edit: September 14, 2019, 02:29:21 PM by REDSTATEWARD »
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facilitatorn

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Re: Trump Administration
« Reply #20218 on: September 14, 2019, 06:03:10 PM »

Those good patriots will soon be paying for Medicare for all, social security expansion, and a peace dividend.

Since you have no wealth, Red, we know you’re not concerned.
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bambu.

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Re: Trump Administration
« Reply #20219 on: September 14, 2019, 06:31:39 PM »

"All countries are wonderful".
Oh no they're not!

"Everyone in the world is a lovely person".
Oh no they're not!

https://www.abc.net.au/news/2019-09-14/australian-academic-jailed-iran-named-kylie-moore-gilbert/11513580

Australian woman jailed in Iran named as Melbourne academic Kylie Moore-Gilbert

Dr Moore-Gilbert had been named in Persian-language media before DFAT issued the statement on behalf of her family.

The Department's Smartraveller website urges people to reconsider the need to travel to Iran "due to the risk that foreigners, including Australians, could be arbitrarily detained or arrested."


#####

Iran is not Australia.
Time for bambu to start a college, specialising in "wise up, you're living in the real word, not MakeBelieveLand" courses.
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