We are far beyond being broke. We are trillions and trillions of dollars in debt.
Borrowing more isn't going to fix anything, it's only going to make things worse.
If the people don't insist that Obama stop his wars, the US deserves bankruptcy. It is the best thing that could happen because it will force Obama out of office. (unless he plays his coup card).[/quote
please dont alter my post. it distorts what i said.
if the conservatives dont raise the debt ceiling we will go broke!
they want to blow our brains out so they can get reelected- guess who said that! one of our most important businessmen!
you need to get your reading glasses so you can read those dates at bottom of your graph. Before june 09, only six months into Obamas time in office the level of unemployment had already peaked.
IT WAS BUSH. IT WAS BUSH. IT WAS BUSH. IT WAS BUSH. YOU CAN RUN BUT YOU CANT HIDE!
you always hear the sad story of the hard working man who cant pay for little johnnies operation or the rugged pioneer whose a self made millionaire and now the taxes are going to ruin him.
the truth is its usually the bernie madoff slime ball whose ticked because paying off the crooked congressmen didnt work.
ty- i was just looking at the tax rate tables!- its beneficial to keep a lot of business taxes and capital gains as low as possible.
with a good accountant and estate planning a lot of people can avoid the bite of capital gains - my reason for asking tractor.
also a large number of rich and super rich in U.S. dont pay taxes (remember the Helmsley's?) thats only for the lower class.
then theres the Swiss and Cayman Islands bank accounts. oh yeah the Caymans are a playground for the rich because of the special shade of blue in the water.
i know lots of wealthy parents who expect there children to work and succeed just like they did, not from special privilege but from work ethic and ability. we pay taxes to preserve and protect our country, not the local country club. we have progressive taxes to promote industry,entrepreneurship,and competition. we avoid regressive taxes to prevent sloth, corruption, and conspicuous consumption.
do you know what the capital gains rate will be? please tell us! you wont pay it- you are very fortunate and privileged to inherit that sum of money. do you think the children of the super rich are entitled to all of there inheritance? some sort of divine right or manifest destiny?
Sounds like Conrads getting a compulsion problem!!!! We already proved that was a lie and fraud against the United States!!!!! Must be some kind of foreign anti America thing!!!!!!! DONT TREAD ON ME!!!!!!!!!!
good post- a lot of extremists who love to wave the flag, rant about justice etc. arent even interested in America and would just as soon bring it harm.
RE: Obama will make frennds with outor space aliens for outor gullacti piece!!! TELEPORT!!
Being broke means having zero reserves.We are far beyond being broke.
We are trillions and trillions of dollars in debt.
Borrowing more isn't going to fix anything, it's only going to make things worse.
If the people don't insist that Obama stop his wars, the US deserves bankruptcy. It is the best thing that could happen because it will force Obama out of office. (unless he plays his coup card).[/quote
please dont alter my post. it distorts what i said.