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Old 12-13-2012, 09:28 AM   #16 (permalink)
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Originally Posted by boston62 View Post
It would hurt the rich real bad, dividends, capital gains, they won't like that. The middle class & poor are use to it, ever notice that rich people commit more suicides than poor, they'll be jumping out windows like when the markets crash.
I augment my income with dividends and capital gains and I'm not by any stretch "rich". So who are you to take what helps me live comfortably in my semi retirement?

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Old 12-13-2012, 10:05 AM   #17 (permalink)
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James is reading this now saying WTF is this? James is reading this now saying WTF is this?
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Could you define rich?
Why don't you take a stab at answering your own question? I'm really interested since the people who always ask this question never express their definition first. Then you may have an argument.
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Old 12-13-2012, 12:13 PM   #18 (permalink)
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Originally Posted by Fred1369 View Post
Wasn't this how the compromise was supossed to work anyway ... increase in taxes and reduction in spending? All the cliff is doing is taking it farther than if their egos did not get in the way.
Hitting the cliff scares the hell out of them because it makes across the board cuts, they won't be able to pick winners and losers.

How are they going to stroke their supporters, how are the going to make money in the market if they can't control who wins and who loses? Damn bad politics
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Old 12-13-2012, 12:27 PM   #19 (permalink)
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I am. The consequences would be disastrous.
And putting a patch on it would not be, as long as we Americans get the ILLUSION that Obumer did something is all that matters.
Let's go over it and lets restructure the entire problem, but then again how would that be accomplished, we have a president that doesn't have a clue about economy, or much of else, except for his Robin Hood syndrome of course..
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Old 12-13-2012, 12:29 PM   #20 (permalink)
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DJW is reading this now saying WTF is this? DJW is reading this now saying WTF is this?
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Why don't you take a stab at answering your own question? I'm really interested since the people who always ask this question never express their definition first. Then you may have an argument.
I'll take a stab at it:

You are not currently a resident of Bangladesh.
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Old 12-13-2012, 12:39 PM   #21 (permalink)
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I'll take a stab at it:

You are not currently a resident of Bangladesh.
What does that have to do with determining wealth in the US? Someone working at McDonalds would probably be wealthy compared to them.
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Old 12-13-2012, 12:48 PM   #22 (permalink)
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That's the point James, wealth is relative...
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Old 12-13-2012, 12:53 PM   #23 (permalink)
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That's the point James, wealth is relative...
What?! I thought $250k was rich no matter what!
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Old 12-13-2012, 01:28 PM   #24 (permalink)
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That's the point James, wealth is relative...
Doesn't count unless you put a at the end of your sentence.
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Old 12-13-2012, 01:55 PM   #25 (permalink)
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What does that have to do with determining wealth in the US? Someone working at McDonalds would probably be wealthy compared to them.
Yes they are. I've read somewhere recently that the worldwide median annual income is about $800.00.

I'm with Danny Boy. Go over the cliff. It's what we need in the long run. Citizens might decide to take interest in the use of the increased revenue since they'll be providing it. What will be hurt the most are charities. I know I'll slash my giving.



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Old 12-13-2012, 02:17 PM   #26 (permalink)
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Over the Cliff, lets rip the bandaid off and start fixing things
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Old 12-13-2012, 02:47 PM   #27 (permalink)
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I'm beginning to think we should just let it happen. Think about it. We had a chance to vote the jerks out and didn't. So maybe the sooner we crash and burn the sooner we can rebuild. I don't know, the whole political scene is disgusting.
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Old 12-13-2012, 04:23 PM   #28 (permalink)
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Quote:
Originally Posted by boston62 View Post
It would hurt the rich real bad, dividends, capital gains, they won't like that. The middle class & poor are use to it, ever notice that rich people commit more suicides than poor, they'll be jumping out windows like when the markets crash.
All your generalizations really do amuse me Boston. Or do you actually have stats on suicide and SES?

You should spend a weekend sitting in the ER sometime. You'll see things that will be very challenging to your rigid worldview.
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Old 12-13-2012, 04:46 PM   #29 (permalink)
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James is reading this now saying WTF is this? James is reading this now saying WTF is this?
If we go over the cliff I am warning all of you now that your garbage rates will probably go up cause I can guarantee you that I'll negotiate any cost of living increase into my pay when my contract is up at the end of next year. If I don't get that increase I plan on jumping on public aid and relaxing for at least a year and catching up on my drinking on your dime.

Maybe I'll work for cash busting kneecaps for the union thugs.
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Old 12-13-2012, 04:53 PM   #30 (permalink)
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Won't affect me. I live in rural Missouri. We throw our trash in ditches, that is the trash we don't burn. You're describing a city folk concern. Also we shoot union thugs.


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