Comments on: The economy assumes

By: stevie w

stevie w — Thu, 02 Oct 2008 23:12:56 +0000

Merrill Lynch gets ready for Bear Stearns !

By: DeathWyrmNexus

DeathWyrmNexus — Thu, 02 Oct 2008 20:57:28 +0000

Have you actually been in a Hot topic? There isn’t a computer to be on. Speaking of which, I did want to pick up some odd things but that will have to wait.

By: Kelponia

Kelponia — Thu, 02 Oct 2008 20:49:06 +0000

Yes. That is how children learn about Wall Street. “Mommy? What’s that man doing?” “Well, honey, Cynthia is learning how to do things that bigger boys told him to.” “WHY is he DOING that?” “Because he wants to be popular.” And that, my friends, is how the economy works.

By: MegaBob

MegaBob — Thu, 02 Oct 2008 03:01:18 +0000

And get back to work -a customer at Hot Topics is waitng for you to get off the computer.

By: MegaBob

MegaBob — Thu, 02 Oct 2008 03:00:05 +0000

Libs- they cannot handle the truth.

By: Curious Spectator

Curious Spectator — Thu, 02 Oct 2008 00:59:28 +0000

OMG…. And CHILDREN see that everyday?!?!!?!?!?!?!?!?!!!?!?!

By: Dollar Bill

Dollar Bill — Thu, 02 Oct 2008 00:57:23 +0000

TO ANYONE WHO IS ARGUING HERE:
——————————————-
FAIL
——————————————-
YOU DON’T KNOW EACH OTHER, AND
——————————————-
THIS IS THE INTERNET, AFTER ALL….
——————————————-
AND IN TRUE INT0RWEBZ TRADITION:
——————————————-
GO GET LAID, YA FILTHY SHRIMPZ

By: Jane St.Clair

Jane St.Clair — Thu, 02 Oct 2008 00:45:08 +0000

Read the above posting on the bull’s brass balls, we decided it’s for luck. If it wasn’t for luck before, it is now.

By: markmier

markmier — Wed, 01 Oct 2008 22:50:45 +0000

In your comment above which starts with “Perhaps I should have added”, you blatantly lied (or possibly, you just don’t know what the hell you’re talking about in this case).

By: DeathWyrmNexus

DeathWyrmNexus — Wed, 01 Oct 2008 22:50:12 +0000

LOL!!!!

By: DeathWyrmNexus

DeathWyrmNexus — Wed, 01 Oct 2008 22:48:22 +0000

Good times. Feel the love—- for a nominal fee.

By: Seth

Seth — Wed, 01 Oct 2008 22:48:05 +0000

And you, good sir, are either a liar, or someone so grossly misinformed about tax law that you should refrain from commenting on it. Please, here is your opportunity to prove yourself right, and to prove me wrong. Show us your deep understanding of tax law. Show us you know what the word marginal means. Prove to everyone that you will, as you stated, have a higher take home pay if you are in a lower tax bracket. Should be easy for someone with your financial acumen.

By: Lolnathan

Lolnathan — Wed, 01 Oct 2008 22:36:04 +0000

Gotta love a cash-only business

By: ema

ema — Wed, 01 Oct 2008 22:22:46 +0000

Thanks m, now that I have a name I can look that up.

By: MegaBob

MegaBob — Wed, 01 Oct 2008 22:18:56 +0000

No one is more afraid of a thief than a thief; and no one suspects lying more than a liar. Like you Seth. You would not know the truth if it ran you over.
You truely are a tool.

By: markmier

markmier — Wed, 01 Oct 2008 21:47:12 +0000

Indeed. Megabob, tax law FAIL.

Ema, what you’re talking about is the Laffer Curve. Which may (MAY!) be legitimate. But I’ve never seen anybody give any legitimate support that the US is on the right side of the curve. Conservatives just take that as a given, with absolutely no proof at all. Typical.

By: Dylane

Dylane — Wed, 01 Oct 2008 19:52:43 +0000

Pardon me while I run, screaming, into the night. YAAAAHHHHH!

By: ema

ema — Wed, 01 Oct 2008 19:19:33 +0000

And they don’t report income or pay taxes!

By: Kelponia

Kelponia — Wed, 01 Oct 2008 19:14:47 +0000

Did no one else notice that the shiniest, and therefore most touched, areas on the brass bull are a)his head, b)his, um, haunches, and c) HIS NUTS?! That must be some sort of Wall Street Broker hazing. “YESH I just sold my first million!” “Okay, now you have to go touch the bull’s nuts in public.” “Aww, geez, do I hafta?” “Yes. Otherwise, we will break all the pencils on your desk and call you Cynthia for the rest of the time you work here.”

By: lowly grunt

lowly grunt — Wed, 01 Oct 2008 18:45:30 +0000

HA!!

By: Seth

Seth — Wed, 01 Oct 2008 17:50:52 +0000

He can’t, because he’s making stuff up. He is obviously either lying about his tax bracket, or he does know how this stuff really works, and he is lying about that.

By: Lolnathan

Lolnathan — Wed, 01 Oct 2008 17:44:22 +0000

McCain may have proved the old “too many chefs in the kitchen” saying. If I was him I would have just stayed above the whole mess. No one EXPECTED him to give up on campaigning to go meddle in the first place, so he wouldn’t have disappointed anyone, and he would not have ruffled so many feathers as he did.

If he can find some way to repair that error, good for him, but I have my doubts.

By: jellybeans

jellybeans — Wed, 01 Oct 2008 17:43:58 +0000

The dems turned out the numbers needed to pass the bill based on a count before McCain got involved. No one wants to pass this thing alone so some dems voted No to make it a joint bill.
- Unproven accusations based on web reading but seems to fit the scenario to date

By: jellybeans

jellybeans — Wed, 01 Oct 2008 17:41:57 +0000

The scuttlebutt is that McCain will now be able to ride in on his white horse and save the day by forcing the house republicans into the bailout proving his economic acumen and leadership abilities and making Obama look bad.
Of course you would have to be an idiot to buy that since most people seem to think it was McCain who put the original deal in the crapper in the first place.

By: jellybeans

jellybeans — Wed, 01 Oct 2008 17:37:34 +0000

250k is the cap for tax decreases under Obama’s plan.
My name has a tax calculator in it which takes both candidates’ plans as described and turns it into numbers. As a single person I stand to save $800 in taxes under Obama’s plan.

By: Steaming Pile

Steaming Pile — Wed, 01 Oct 2008 17:37:00 +0000

Again, explain to me how a bump to the next MARGINAL tax rate results in a reduction in the size of one’s paycheck.

By: Seth

Seth — Wed, 01 Oct 2008 17:26:42 +0000

True, which is why I think it was Democratic idiocy, not Republican conniving. Yeah, I said it. I’m not some ditto-head, rah-rah my team is always right kinda guy, you know.

By: MegaBob

MegaBob — Wed, 01 Oct 2008 17:20:31 +0000

( making out quarterly check to IRS) Not at the moment.

By: Lolnathan

Lolnathan — Wed, 01 Oct 2008 16:56:33 +0000

I believe you. I’m really hard up for cash right now, could I get a loan?

By: Lolnathan

Lolnathan — Wed, 01 Oct 2008 16:55:41 +0000

Well, hooking on the street, yeah. But you can find a pay-date on Craigslist just about anywhere!

By: Jane St.Clair

Jane St.Clair — Wed, 01 Oct 2008 16:53:46 +0000

Well, unless you live in Nevada the cops tend to frown on that…

By: MegaBob

MegaBob — Wed, 01 Oct 2008 16:53:42 +0000

Perhaps I should have added the “BEFORE TAXES” to it. And I know a lot of people who refuse to work extra hours or shifts because it will push them into a higher tax bracket and they will actually take home less.
No hard work will go unpunished.

By: Steaming Pile

Steaming Pile — Wed, 01 Oct 2008 16:42:54 +0000

Actually, Ronald Reagan stated that when he ran for President in 1980, and tried to implement it when he got elected. It resulted in massive deficits.

As for you, MegaBob, go right ahead and cut your hours. See if anybody cares. You’ll be poorer and some other schmuck will get half of your job. People who think pushing themselves into a lower tax bracket saves them money are idiots.

By: Steaming Pile

Steaming Pile — Wed, 01 Oct 2008 16:38:44 +0000

Well, I’ll try it next time I’m in New York City, and see if I get a reaction from the crowd around Wall Street.

By: Khaaaaaaan

Khaaaaaaan — Wed, 01 Oct 2008 16:32:55 +0000

I didn’t say I was for taxpayer money bailing out the system – I’m pretty much with Ron Paul on this one. On top of this disaster, the latest revision in the Senate panders to House Republicans by throwing in a tax cut the nation can’t afford (being $9 trillion and counting in debt).

And yes, I’ll retract my Kucinich comment as exaggeration, but I do stand against his point nonetheless. I’m opposed to any solution that tries to fix the problem through unrelated new taxes as much as unrelated tax cuts. It’s like paying for health care services through a cigarette tax – sure, you may be hitting a some number of the people responsible for taxing our health care system, but is it really fixing the system?

By: ema

ema — Wed, 01 Oct 2008 16:29:15 +0000

Me too! I think I heard somewhere that when taxes are low, the government actually takes in more revenue because people are encouraged to earn more. I can’t find a source on that though… Anyone?

By: Lolnathan

Lolnathan — Wed, 01 Oct 2008 16:25:23 +0000

in b…err.. in Berlin.

By: Seth

Seth — Wed, 01 Oct 2008 15:58:54 +0000

Whatever. You can try to redefine the political spectrum to suit you, but Kucinich is not to the left of Marx, and saying so makes you look like an lunatic extremist. Taxing Wall Street to pay for their own mistakes is anti-capitalist, but bailing out Wall Street with taxpayer money is totally a free market solution. Yeah, uh, what’s the weather like on your planet?

By: ema

ema — Wed, 01 Oct 2008 15:56:08 +0000

I was thinking the same as your wife, but if they were doing that, why have McCain so involved in pushing for it? It would have been better to have the Bush whitehouse pushing for the bailout and McCain opposed to it…

By: MegaBob

MegaBob — Wed, 01 Oct 2008 15:54:27 +0000

Actually, I make over 200,000 a year. (But no one here would believe it.) And I work 50-60 hours a week. So if Obama wins, I’m cutting my hours waaaay back.
The Dems want to tax everyone.

By: DeathWyrmNexus

DeathWyrmNexus — Wed, 01 Oct 2008 15:49:26 +0000

in bed.

By: ema

ema — Wed, 01 Oct 2008 15:46:21 +0000

Start a business.

By: DeathWyrmNexus

DeathWyrmNexus — Wed, 01 Oct 2008 15:45:09 +0000

That you like your bull anatomically correct.

By: DeathWyrmNexus

DeathWyrmNexus — Wed, 01 Oct 2008 15:43:06 +0000

Ow ow ow ow ow ow ow ow… Can I stop yet? ow ow ow ow ow ow ow ow ow ow ow ow ow ow ow ow ow ow ow ow ow ow ow ow…

By: Khaaaaaaan

Khaaaaaaan — Wed, 01 Oct 2008 15:26:13 +0000

Kucinich even suggesting to start taxing stock trades further shows he’s against the entire idea of capitalism. I realize his idea may have certain benefits but it hurts middle class investors who are trying to get ahead as well. He’s so far left he makes Marx look kinda middle of the road.

As for the vote, there was enough dissent on both sides of the House to say this was about the devils in the details of the plan and the public outcry in the face of an election. I think… no… I HOPE there will be Hell to pay this election.

The average age for a U.S. Senator is 62 years old.
86% of congressmen are white.
85% are male.
Many of the people who got us into this mess are still in office.

They’re not going to vote term limits for themselves people. The only way to make change happen is to vote these idiots out.

By: Rvo

Rvo — Wed, 01 Oct 2008 15:24:09 +0000

I was doing it before it was cool!

Wait… what does that say about me?

By: Rvo

Rvo — Wed, 01 Oct 2008 15:21:56 +0000

… Do you make more than 150k? Wasn’t the projected tax increase for the wealthy? The Dems, for better or worse, would much rather tax the rich.

Waxing philosophical for a moment, I sometimes wonder if it’s right to redistribute wealth that someone’s earned. But honestly, as a society, you are theoretically contracted to help your fellow man – and societies with a smaller gap between the richest and the poorest tend to be the most egalitarian/happiest…

P.S. If you’re making that much, tell me how you’re doing it, because I’ll save so much time with grad school. >_>

By: GomerPhyls

GomerPhyls — Wed, 01 Oct 2008 15:20:21 +0000

http://images.icanhascheezburger.com/completestore/2008/9/23/128666740469860497.jpg

By: ema

ema — Wed, 01 Oct 2008 14:50:18 +0000

We may as well just stay like that for awhile…

By: Seth

Seth — Wed, 01 Oct 2008 14:48:07 +0000

Saw Kucinich on Rachael Maddow’s show on MSNBC last night. He lambasted the bailout as completely immoral, and thanked the true Republicans for standing up against it. He had plenty of good ideas for alternate bailouts, including taxing Wall Street 1/4% on stock trades and making THEM pay for it, bailing out homeowners so the mortgages are good, and making sure we get equity for our money, not just interest. Kucinich is one of the last real Democrats. I’m pissed at most of my party right about now.
–
My wife thinks the Republicans pulled a bait and switch, deliberately conning the Democrats into supporting the bailout, then pulling their support to make themselves look good to their constituents. Could be, or it could be the Dems are out of touch. In any case, I’m pissed at them, and especially at Pelosi, who I’ve met, and had very high hopes for as Speaker. She’s let me down quite a bit.