| Author | Post |
|---|
missk
Member
| Joined: | Thu Oct 2nd, 2008 |
| Location: | |
| Posts: | 85 |
| Status: |
Offline
|
|
Posted: Sat Oct 4th, 2008 04:35 am |
|
LovebeingaSouthernGirl wrote: I don't think they should bail crooks out. If you run up too much debt to pay it all, no one is going to give you the money to fix it. Why should we give them our money that we have paid in for our taxes to fix it, just to keep paying them? How greedy can people get?? This country is in sad sad shape.
We should give them our money because "We Let them Take it", Americans simply don't know how to fight back. We get to vote on some things, but not important things, did they ask all americans to vote on this? No, just those who say they represent us. No one represents me, that's a crock of s--t. Believe me, The legalized mafia that sits in washington gives two s--ts about us. Wake up America!
|
LovebeingaSouthernGirl
Member
| Joined: | Fri Jun 27th, 2008 |
| Location: | Chobee Town |
| Posts: | 369 |
| Status: |
Offline
|
|
Posted: Fri Oct 3rd, 2008 03:08 pm |
|
| I don't think they should bail crooks out. If you run up too much debt to pay it all, no one is going to give you the money to fix it. Why should we give them our money that we have paid in for our taxes to fix it, just to keep paying them? How greedy can people get?? This country is in sad sad shape.
|
flsr
Member
| Joined: | Fri Sep 30th, 2005 |
| Location: | |
| Posts: | 1109 |
| Status: |
Offline
|
|
Posted: Tue Sep 30th, 2008 08:27 pm |
|
Amen Firefly. I would never mortgage my home for a loan.
I have always thought that real estate was the best investment of all, if it's paid for, that is. The idea being that values may fall and then rise again. However, now you can't afford to pay the taxes even on vacant land. The local authorities have figured out ways to take, in taxes, any security or investment value you may have, not to mention the fact if there are improvements on the land, you're going to have to insure it.
|
Firefly1958
Member
| Joined: | Thu Jan 10th, 2008 |
| Location: | |
| Posts: | 936 |
| Status: |
Offline
|
|
Posted: Tue Sep 30th, 2008 08:11 pm |
|
Concerned Taxpayer wrote: Why should people who made bad choices, or were led to do so, be "bailed out"? This entire mess originated in the Clinton Administration, which attempted to expand home ownership amongst minorities. A worthy goal, but the fallacy of these Affirmative Action mortgages was that these people did not have the income to make the payments. Why should the rest of us pay for their mistakes?
I agree with you CT ,this is what called being between a rock and a hard place or just plain we are screwed. I don't have a mortgage ,we financed our home for 15 years put quite a bit down and had a m. payment we could afford or I could afford if something happened to my husband ,our finances was very well planned I thought, after the house was paid for we invested our money in the market and did well,Till.........We have lost quite abit on the market to the point of thought being,I'm still fairly young we will just have to make it back.We are going to have to pay probably in many different ways ,and theres not a damn thing we can do about it Thank goodness we never took on a second mortgage or H.E.loan ,I don't believe people should use their home as a ATM or bank .Thats just me Last edited on Tue Sep 30th, 2008 08:12 pm by Firefly1958
|
okeetaxpayer
Member
| Joined: | Sun Jul 16th, 2006 |
| Location: | |
| Posts: | 133 |
| Status: |
Offline
|
|
Posted: Tue Sep 30th, 2008 07:41 pm |
|
http://www.moonbattery.com/archives/2008/09/how_affirmative.html
Just a recap of the affirmative action fiasco.
|
Concerned Taxpayer
Member
| Joined: | Sat Feb 23rd, 2008 |
| Location: | |
| Posts: | 239 |
| Status: |
Offline
|
|
Posted: Tue Sep 30th, 2008 07:35 pm |
|
| Why should people who made bad choices, or were led to do so, be "bailed out"? This entire mess originated in the Clinton Administration, which attempted to expand home ownership amongst minorities. A worthy goal, but the fallacy of these Affirmative Action mortgages was that these people did not have the income to make the payments. Why should the rest of us pay for their mistakes?
|
Fl Crkr
Member
|
Posted: Tue Sep 30th, 2008 05:57 pm |
|
I think we need to put more emphasis on math in school. Looks like this guy works for Wall Street. 
|
Razorback75
Member
| Joined: | Wed Dec 14th, 2005 |
| Location: | |
| Posts: | 654 |
| Status: |
Offline
|
|
Posted: Tue Sep 30th, 2008 05:52 pm |
|
| That is funny -- well it sounded good in the email! As they often do!
|
okeetaxpayer
Member
| Joined: | Sun Jul 16th, 2006 |
| Location: | |
| Posts: | 133 |
| Status: |
Offline
|
|
Posted: Tue Sep 30th, 2008 05:39 pm |
|
You may want to do the math. It figures $425 a person. I received my $600 rebate and promptly spent it on a trip to the Georgia mountains, am I patriotic or not?
Last edited on Tue Sep 30th, 2008 05:40 pm by okeetaxpayer
|
Razorback75
Member
| Joined: | Wed Dec 14th, 2005 |
| Location: | |
| Posts: | 654 |
| Status: |
Offline
|
|
Posted: Tue Sep 30th, 2008 05:34 pm |
|
I received this email today and it gives you something to think about ...
I'm against the $85,000,000,000 bailout of AIG. Instead, I'm in favor of giving $85,000,000,000 to America in a 'We Deserve It Dividend'. To make the math simple, let's assume there are 200,000,000 bonafide U.S. Citizens 18+.
Our population is about 301,000,000 +/- counting every man, woman and child. So 200,000,000 might be a fair stab at adults 18 and up..
So divide 200 million adults 18+ into $85 billon that equals $425,000.00.
My plan is to give $425,000 to every person 18+ as a 'We Deserve It Dividend'.
Of course, it would NOT be tax free. So let's assume a tax rate of 30%.
Every individual 18+ has to pay $127,500.00 in taxes. That sends $25,500,000,000 right back to Uncle Sam.
But it means that every adult 18+ has $297,500.00 in their pocket.
A husband and wife have $595,000.00.
What would you do with $297,500.00 to $595,000.00 in your family?
Pay off your mortgage -- housing crisis solved.
Repay college loans-- what a great boost to new grads
Put away money for college -- it'll be there
Save in a bank --create money to loan to entrepreneurs.
Buy a new car -- create jobs
Invest in the market -- capital drives growth
Pay for your parent's medical insurance -- health care improves
Enable Deadbeat Dads to come clean -- or else
Remember this is for every adult U S Citizen 18+ including
the folks who lost their jobs at Lehman Brothers and every other
company that is cutting back. Of course, for those serving in our
Armed Forces!
If we're going to re-distribute wealth let's really do it...instead of trickling out
a puny $1,000 ( 'vote buy' ) economic incentive that is being proposed by one of our candidates for President.
If we're going to do an $85 billion bailout, let's bail out every adult U S Citizen 18+.
As for AIG --liquidate it.
Sell off its parts. Let American General go back to being American General.
Sell off the real estate.
Let the private sector bargain hunters cut it up and clean it up.
Here's my rationale. We deserve it and AIG doesn't.
Sure it's a crazy idea that can 'never work.'
But can you imagine the Coast-To-Coast Block Party!
How do you spell Economic Boom?
I trust my fellow adult Americans to know how to use the $85 Billion
We Deserve It Dividend more than I do the geniuses at AIG or in Washington DC .
And remember, The Davis plan only really costs $59.5 Billion because $25.5 Billion is returned instantly in taxes to Uncle Sam.
Ahhh...I feel so much better getting that off my chest.
Kindest personal regards,
A.C.Davis, A Creative Guy & Citizen of the Republic
|
Current time is 05:11 pm | |
|
|
|