Quantitative Easing Explained

Discussion in 'The Fire For Effect and Totally Politically Incorr' started by Carne Frio, Dec 23, 2010.

  1. Carne Frio

    Carne Frio Member

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  2. Gun Geezer

    Gun Geezer Well-Known Member

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    We are so screwed!
  3. Nighthawk

    Nighthawk New Member

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    YEAH
  4. ponycar17

    ponycar17 Active Member

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  5. carver

    carver Moderator

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    Ponycar, I personally think they are just malicious! No body could be as stupid as these jerkwads are! Besides, we all know that the Comuinist/Socialist have been trying to destroy this country for well over 100 years. They hate anything they can't control!
  6. ponycar17

    ponycar17 Active Member

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    Carver, I think I'm with you on this. Watch the following video though...

    http://video.foxnews.com/v/4472657/truth-about-americas-tax-system

    Pay close attention to when they say that Obama didn't care that lowering the capital gains rate would actually increase total tax take. He didn't care because he thought it wasn't "fair". Really, what the hell does that mean? :confused: So, giving the rich a break will increase total tax take and create jobs but it's not a good thing to do because it's "not fair"? Is it "fair" that the government is working the tax policy against the interests of Americans who want and need jobs? This is almost like the twilight zone we're living in... :eek: It's confusing at times whether they're just moronic ideologues or if they're really, really malicious. :confused:
  7. Big ugly

    Big ugly New Member

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    I agree with some of what this feller is syaing in the video but I still have a bit of a problem with the cureent tax rates. To me it would seem wise to close some of the loopholes but got into a flat tax rate, Now I will prolly take flak for this here but I feel if everyone pays the same percentage in taxes then that will allow for the planning of a more economic budget. However the biggest problem you are gonna find is with Special intrest groups and those dependant on the welfare system. Which brings me to another thing, this welfare problem we have is getting out of controll, the more amount of folks on it means the more taxes it takes to fulfill the growing need. This is where this Quantitive Easing system comes into play. We need to put an end to this corrupt system of wasteing moeny, Since our government is funded by our taxes and they are tossing money away like this then the system simply cannot work even with a flat tax rate. We need the government to knock this spending off period, We dont need to pay a committee to waste more money to tell us something that we already know. We need a president along with Represtentatives that is dedicated to getting the crap under controll. We didnt see it under either of the Bushes, We shure has hell aint seen it under Obama and Clinton screwed us worse off than the rest buy Allowing NAFTA to be born.
  8. carver

    carver Moderator

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    Big Ugly, you are dead on! NAFTA, and GAT were introduced under Clinton's presidency, and both have caused us more grief than most know. We need to do away with both, and start growing jobs in America. Place a tarrif on all imported goods, even those made by American Companies. Get some jobs going, and do away with welfare completly. Use the money spent on welfare to rebuild our crumbling nation.
  9. ponycar17

    ponycar17 Active Member

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    BU, I don't know if you're referring to the initial video or the Fox link. Check the Fox link.
    the problem with a flat tax is this... It's a HUUUUUGE tax BREAK for the rich, and a HUMONGOUS tax hike for everyone else. If you want to see a flat tax implemented get ready to pay out "Uranus"... :D 50% of folks pay $0 in income taxes. Admittedly, that's a problem. If a flat tax were implemented, they would have to pay. The problem is that a "purchase tax" which is effectively what most "flat tax" ideas come down to tremendously punishes the poorest and rewards the wealthy. You saw it in the video. Nearly 40% of all taxes paid are by the top 1% of Americans. 50% don't pay anything. The top 10% pay 70% of all taxes collected. I don't think that the flat-taxers have really thought this through very well. Basic math is obviously not one of their character traits... :eek:

    And on the "closing of loopholes", we know that higher taxes on the wealthiest 5% hurts the total tax take-in and discourages job creation and capital investment that produces company expansion. "Closing loopholes" effectively says that you want to raise the "tax" on the wealthiest Americans.

    I'm not a smart enough individual to take money and make a 20%+ return on investment that creates jobs. I don't mind rewarding those who are capable of doing so... ;)

    Your argument centers around the logic that Obama and his chronies are using. It's about class warfare and convincing everyone that it's "just not fair" that the wealthy have what they do. I personally don't mind those with great means as long as I also have my little piece of cheese and the opportunity to do great things if given enough determination.
    Last edited: Dec 26, 2010
  10. Gun Geezer

    Gun Geezer Well-Known Member

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    Do you get the feeling that you fell asleep and awoke some time in the future and found out you were the smartest person on earth, like the movie(I can't remember its name). How is it we can all see what is wrong but the politicians don't have a clue?
  11. Nighthawk

    Nighthawk New Member

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    The politicians know, all they want is POWER and CONTROL. it's the same really.
  12. RunningOnMT

    RunningOnMT New Member

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    I think quantitative easing means they're gonna use vasoline.:(:confused:
  13. bmpeele

    bmpeele New Member

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    Someone mind making it simpiler? And the name of that movie was Idiocracy. I see it happening in the future.
  14. jack404

    jack404 Former Guest

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    you hope
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