?Impact Posted January 23, 2018 Report Posted January 23, 2018 On 1/3/2018 at 2:01 AM, bush_cheney2004 said: Romney never said that It is not a bad interpretation of what Romney said, but if you want verbatim then it was: There are 47 percent of the people who will vote for the president no matter what. All right, there are 47 percent who are with him, who are dependent upon government, who believe that they are victims, who believe the government has a responsibility to care for them, who believe that they are entitled to health care, to food, to housing, to you-name-it. That that's an entitlement. And the government should give it to them. And they will vote for this president no matter what ....These are people who pay no income tax. Equating 'the president' or 'this president' meaning Obama with Democrat is not a big stretch. Quote
?Impact Posted January 23, 2018 Report Posted January 23, 2018 On 12/27/2017 at 12:25 AM, August1991 said: There is a false belief, a meme, in Canada that our government benefits are better than in the US. It's not true. Agreed, although as you point out it is not just CPP vs. Social security. There is a much larger picture that needs to be looked at, but seniors in Canada are not living in the lap of luxury when it comes to government benefits. Quote
James Butler Posted January 30, 2018 Report Posted January 30, 2018 Gop is pushing back the tax reform. Watch this out: GOP to Push Back the Rollout of Long-awaited Tax Reform Quote
Cum Laude Posted January 31, 2018 Report Posted January 31, 2018 On 1/22/2018 at 11:12 PM, ?Impact said: It is not a bad interpretation of what Romney said, but if you want verbatim then it was: There are 47 percent of the people who will vote for the president no matter what. All right, there are 47 percent who are with him, who are dependent upon government, who believe that they are victims, who believe the government has a responsibility to care for them, who believe that they are entitled to health care, to food, to housing, to you-name-it. That that's an entitlement. And the government should give it to them. And they will vote for this president no matter what ....These are people who pay no income tax. Equating 'the president' or 'this president' meaning Obama with Democrat is not a big stretch. Impact, let me tell you about a little experience I had with econ 101 professor back in the early 80’s. I was in econ 101 (macro economics) and taking second year calculus in the same semester. In calculus we were studying what happens to equations when the input values go to infinity or just get really, really big. Being the curious engineering nerd I am, I applied calc theories to the growth equations in econ and quickly determined that to meet “normal” growth rates of 5 to 7% (remember this was 1981) we would be mining more tons coal and pumping more tons of oil than the earth weighs within about 100 years. The econ professor threw me out of his office when I brought this up with him. That day I learned that economics has little foundation in reality and any time a business school muckity-muck or economist says something like “it will adjust” they really have no idea what’s going to happen. My experience in the 38 years since then tells me to hold onto my ass because it’s not going to be pretty. What are you holding on to? Quote
Cum Laude Posted January 31, 2018 Report Posted January 31, 2018 8 hours ago, James Butler said: Gop is pushing back the tax reform. Watch this out: GOP to Push Back the Rollout of Long-awaited Tax Reform Recently I asked my resident Business School director if the bond market was going to implode when benchmark interest rates go up and he said that the bond market would adjust to the incremental rate rise over time. Unfortunately, I, for one, am too skeptical to believe an Economist given their obvious bias over the last half century. Suffice to say that the low interest rate environment is a Control Fraud that parallels the bond market, and Real Estate market, plus the Dark Pool Derivatives market. When the bond market begins to show signs of imploding the Federal Reserve Chair-crony from the Giant Vampire Squid cartel will reintroduce QE Infinity, and lower the benchmark interest rates so that USD flight to Emerging Markets will be repatriated to force the USD Petrodollar up on the market. The precarious balancing act will continue on like this until China & the Russian Federation decide that America should be put into receivership so that they can sell it for pennies on the dollar. Quote
?Impact Posted January 31, 2018 Report Posted January 31, 2018 20 hours ago, Cum Laude said: Impact, let me tell you about a little experience I had with econ 101 professor... You must have missed the thousand other times I expressed an opinion on economics propaganda. I am not quite sure how that addressed my point in clarifying what Romney did say Quote
Cum Laude Posted February 1, 2018 Report Posted February 1, 2018 2 hours ago, ?Impact said: You must have missed the thousand other times I expressed an opinion on economics propaganda. I am not quite sure how that addressed my point in clarifying what Romney did say Then you aren't paying attention. Quote
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