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post #31 of 34 (permalink) Old 06-09-2009, 06:51 PM
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Originally Posted by bottomline1 View Post
Nice try at filling the room with smoke. I don't know how you can evaluate that stupid quote without some knowledge of accounting and taxation, but Owebama just announced a major policy change he's pushing onto Congress.

So far you are just wandering around.
Don't worry, 35 years with a degree in Economics will get me through the taxation elements of that quote just fine without a overwhelming need for accounting. I can work through the 38 ways to add and subtract quite well and read tax code if necessary. I also have a very hot tax attorney who doesn't charge when I call her for lunch.

Yes, Obama is calling for the reinstatement of the system that Bush dropped when he became President and started jacking up deficits. Imagine that. And without a drone Republican Congress with its nose firmly up Bush's ass for six straight years, it might be maintained for a while.

Gotta hate it when your one single jab starts off with an incorrect quote. Sorta takes the wind out being that sloppy, doesn't it? And as for wandering around, Naw, just waiting for somebody to play with.

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Being smart is knowing the difference, in a sticky situation between a well delivered anecdote and a well delivered antidote - bear.
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post #32 of 34 (permalink) Old 06-09-2009, 09:24 PM
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Originally Posted by mcbear View Post
Don't worry, 35 years with a degree in Economics will get me through the taxation elements of that quote just fine without a overwhelming need for accounting. I can work through the 38 ways to add and subtract quite well and read tax code if necessary. I also have a very hot tax attorney who doesn't charge when I call her for lunch.

Yes, Obama is calling for the reinstatement of the system that Bush dropped when he became President and started jacking up deficits. Imagine that. And without a drone Republican Congress with its nose firmly up Bush's ass for six straight years, it might be maintained for a while.

Gotta hate it when your one single jab starts off with an incorrect quote. Sorta takes the wind out being that sloppy, doesn't it? And as for wandering around, Naw, just waiting for somebody to play with.
Let me divert and start with correcting you about Bush and paygo.

The Housing and Economic Recovery Act of 2008 (Pub.L. 110-289, 122 Stat. 2654, enacted July 30, 2008) designed primarily to address the subprime mortgage crisis, was passed by the United States Congress on July 24, 2008 and signed by President George W. Bush on July 30, 2008. It authorizes the Federal Housing Administration to guarantee up to $300 billion in new 30-year fixed rate mortgages for subprime borrowers if lenders write-down principal loan balances to 90 percent of current appraisal value....blah, blah, blah.

Notice the date Bush signed the bill? The bill had a significant paygo element- one that supposedly paid for the $7500 first time homebuyer tax credit/loan from IRS. I am intimately knowledgeable with this because it forced us to move from one property to another to avoid significant capital gains taxes that became the pay for the $7500 go. Anyway, paygo is a congressional practice, not chief executive.

Back to the quote. You keep promising, reprinting speeches and giving your credentials, but haven't taken up my challenge. Regardless of all context bullshit, what was he saying and what was wrong with it? What did he really mean? I believe he misstated what paygo is or was attempting to deceive. And this was a major policy statement--not a nit. This will require a little more thinking than you are used to giving. This is the real stuff.

Charter member of the Vast Rightwing Conspiracy and proud of it.

God Bless the America we're trying to create.
--Hillary Rodham Clinton

Last edited by bottomline1; 06-09-2009 at 09:26 PM.
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post #33 of 34 (permalink) Old 06-09-2009, 11:46 PM Thread Starter
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Originally Posted by cascade View Post
And what is your bromide to fix it?


More tax cuts for the rich.


AGAIN!!!
LEt's start off by not SPENDING MORE MONEY THAN WE MAKE! You know, that whole balanced budget thing.

And the bush Tax cuts went to everyone who paid taxes. I got one and I'm not rich.

But nice try at revisionist history.

Who's John Galt.

"Timeo Danaos et dona ferentes" - Virgil, The Aeneid, Book 2

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post #34 of 34 (permalink) Old 06-09-2009, 11:57 PM Thread Starter
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Originally Posted by mcbear View Post
Don't worry, 35 years with a degree in Economics will get me through the taxation elements of that quote just fine without a overwhelming need for accounting. I can work through the 38 ways to add and subtract quite well and read tax code if necessary. I also have a very hot tax attorney who doesn't charge when I call her for lunch.
McTalking-Points you should read this post by Kawagirl.

By yourself you account for a lot of these personalities

Kawagirl: Takes a Village Idiot

Who's John Galt.

"Timeo Danaos et dona ferentes" - Virgil, The Aeneid, Book 2

If the Arabs put down their weapons today, there would be no more violence. If the Jews put down their weapons today, there would be no more Israel. --Benjamin Netayahu
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