Posted on 10/16/2011 9:08:23 AM PDT by 2ndDivisionVet
Many of these protesters are imposing themselves on their parents and are protesting for higher allowances whether it’s from their parents or their sugar daddy government.
I assume from reading “TruConservative” that “Tru” needs a history lesson.... Two howlers: his/her claim that the national debt during the Eisenhower administration was “about the same” as it is today; and his citing of a poll on “Congress” (which, last I heard, includes both the Dem-led Senate and the GOP-run House. See Art 1, Section 1 of the Constitution if you doubt this) to say that the Republican House is unpopular.
“come to accept Obama as their savior”?
Not gonna happen, That would be Jesus.
http://almostclassical.blogspot.com/2011/03/90-tax-rate-myth.html
So, let’s get more complicated. When there was a 94% top rate in 1944-45, there were so many deductions and exclusions that the taxable income was not comparable to someone’s entire income. First, the top rate started at $200,000, which today is equal to $2,413,059.90 so the maximum EMTR would apply only to incomes of $2.5 million. But, that’s still taxable income, not earned income.
In 1944, you could deduct business meals, all business travel, all forms of interest payments, and much more. You could even deduct spousal travel expenses on a business trip! (Why travel alone?) Companies could also “loan” or “provide” almost anything to an employee, from an apartment to standard benefits. It was possible to shelter tens of thousands of dollars from taxable income. Three-martini lunches and expense accounts were important realities, skewing tax calculations.
In this will too, will, with confidence, shall pass. Obama is finished. These protests will not last.
This time around the new “silent majority” with the help of the new media will throw Obama OUT
Opps! Forgot this for previous posting: .
“I assume from reading TruConservative that Tru needs a history lesson.... Two howlers: his/her claim that the national debt during the Eisenhower administration was about the same as it is today;”
What? I said about the same as percent GDP. http://en.wikipedia.org/wiki/National_debt_by_U.S._presidential_terms We had a huge national debt back then due to WW2. I’m not sure if you think it was bigger or smaller than today, but in either case, Eisenhower saw the national debt fall from 71% of GDP to 55% using good old fashion conservative values like paying your bills. Truman had seen the national debt fall from 93% to 71% the previous term. Obama has seen the debt rise from 84% to 93%. Our current debt crisis is about the same as the post WW2 debt crisis.
And while you are right that the Senate is also disliked, I think you’d have to be an idiot to not figure out that the Republican-led house is disliked. And in any case - that’s current events, not history.
That's fine. So the salary cap was about $2.5 million. That sounds reasonable to me. But here are the facts. Look how the top 1%'s income soared after 1980. This is at the root of our current economic problems. Doubt that at your peril. The top 1% is a terrible burden on us all, far worse than the cost of government, worse than the cost of welfare. So long as we ignore that, we run the risk of seeing another FDR from the Democrats step in and radically change our society like occurred in the 1930s.
Also remember that this ragtag bunch of miscreats was always going to vote for Obama.
I was just wondering, are these Occupy participants:
Substitized by the government (us taxpayers). Do they get minimum wages? Any overtime pay? Are there any retirement benefits? Are they members of a good union?
Like the “A” Team: I just love it when a good plan is completed!
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