Gohmert proposes zero income taxes

Drifterwood

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I know.

Why should I gamble in Bond Markets? Bond Markets can destroy Governments and Countries, the stakes are too high for me and I know where the taxman is. I'll have a nice simple deal with the Gov that is answerable to me the citizen. Thanks.
 

houtx48

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ah star bankteller you just don't like it when i run on your hero zippy w. and until you start paying my bills ......................
 

DadsAreUs

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Please indulge me here. Acorn headquarters were in Texas? The Clinton Admin, which created the free-for-all mortgage programs were domiciled in Texas?

Houtx48. You don't know much about anything. Good luck coming up with something substantial.
Because you are a dittohead, it is hard to have a genuine, fact based discussion. But ACORN is in no way responsible for our current financial crisis. Yes, the Clinton administration helped lower income people get mortgages but the problem was people being put in the wrong mortgages. But the mortgage crisis would in fact be a very controllable situation if it weren't for the bizarre and unregulated credit default swap market, which has taken the original problem and magnified it exponentially all out of proportion.

As far as blaming the Clinton administration for our current problems, that argument has no legs. Every problem has it's roots somewhere in the past. The job of the current administration was to play with the cards it was dealt and, all said, it was a pretty good hand.
 

Phil Ayesho

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Please indulge me here. Acorn headquarters were in Texas? The Clinton Admin, which created the free-for-all mortgage programs were domiciled in Texas?

Houtx48. You don't know much about anything. Good luck coming up with something substantial.

Knock it off with the invented history.

Clinton did not invent free for all mortgages. The mortgage incentive program Clinton introduced did NOT result in higher default rates... if fact, the mortgages that program resulted in have a LOWER default rate than average.

The CURRENT crisis was NOT CAUSED BY GIVING LOW INCOME PEOPLE LOANS.

It was caused by giving MIDDLE income people loans on mini- mansions.

The Clinton plan DID NOT result in run away real estate speculation because you still had to qualify for it.


The real estate bubble was DIRECTLY attributable to DE-REGULATION of Loan origination...Starting with Bush's first weeks in office... the granting of Triple A bond ratings to questionable mortgage schemes... and the rampant speculation by people who try to make money by trading slips of paper, rather than actually producing anything of value.

The focus of this country on Stock Manipulation, as opposed to real production, as the path to wealth, plays a large role.



Furthermore... please be honest about the origin of ALL modern ideas of FREE TRADE.

They are REPUBLICAN intiatives dating back to the voodoo economics first espoused by Reagan.

In supporting NAFTA and other free trade agendas, Clinton was playing to the CONSERVATIVES, not the liberals.


The plain facts are inescapable.
We have allowed FREE TRADE to offshore our actual porductivity and replaced that with IMAGINARY productivity in the form of instruments of Debt.
Borrowing from the future money that we call GNP today.

This has gone on for 30 years, now, and had mirrored the "rise of the right" in public opinion and voting.
Americans got sold a bill of bullshit, including you Star, trickle down free trade nonsense that has resulted in an astronomical transfer of PUBLIC money and middle class earnings into the hands of a few thousand of the most wealthy.

Cutting taxes to the rich, and borrowing to pay for a war does only ONE THING... it transfers the entire cost of govenrment from the rich to the middle class in the form of DEBT.

And the rich ARE NOT re-investing in American jobs and industries... they are offshoring their business interests as fast as they can.
Demanding bailouts and STILL giving themselves mutlimillion dollar bonuses.


Star... try to process this... the belief system you bought into was a CON- you have been TAKEN by the folks who played you along while they used insider information to make sure THEY made out like bandits.

Ask Greenspan... ask any economist who has won a nobel prize... the Free market ideology puts PERSONAL PROFIT ABOVE the good of your nation.

Its TREASONOUS. It endorses the decimation of US job markets if there is more money to be made for the board in foreign markets.
It is a pyramid scam and the bottom finally fell out.

Time to let the notion of unregulated free markets DIE.

Time to start thinking about the survival of your nation... or the free world...




And, by the way... ALL alternative tax schemes are designed to favor the rich even more.

Science has proven beyond any doubt that the progressive tax scheme is the fairest form of taxation.


Tax holidays are beyond stupid. Government MUST have revenue to function, and our government has been pretty well fucked by republican mismanagement for the past 10 years.
The government has ALREADY been underfunded to the tune of 11 trillion dollars.

Tax holidays would only make everything worse.
 

B_starinvestor

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Knock it off with the invented history.

Clinton did not invent free for all mortgages. The mortgage incentive program Clinton introduced did NOT result in higher default rates... if fact, the mortgages that program resulted in have a LOWER default rate than average.

Yes he did. His expanded criteria mortgages, born from the Community Reinv. Act were just that - free-for-all mortgages.



The CURRENT crisis was NOT CAUSED BY GIVING LOW INCOME PEOPLE LOANS.

It was caused by giving MIDDLE income people loans on mini- mansions.

The Clinton plan DID NOT result in run away real estate speculation because you still had to qualify for it.
Complete and utter horseshit. No one had to qualify for anything. When the no-doc and low-doc loans were introduced for the low income people, the middle income people exploited those loose underwriting guidelines to buy mini-mansions.


The real estate bubble was DIRECTLY attributable to DE-REGULATION of Loan origination...Starting with Bush's first weeks in office... the granting of Triple A bond ratings to questionable mortgage schemes... and the rampant speculation by people who try to make money by trading slips of paper, rather than actually producing anything of value.
Repugnant! Sickening! The bubble was due to cheap credit and easy underwriting. Period.

Cutting taxes to the rich, and borrowing to pay for a war does only ONE THING... it transfers the entire cost of govenrment from the rich to the middle class in the form of DEBT.
LIAR! cutting taxes to the rich has increased gov't revenues since 2003.

Star... try to process this... the belief system you bought into was a CON- you have been TAKEN by the folks who played you along while they used insider information to make sure THEY made out like bandits.
LIAR! Fair Disclosure ended insider information.

Ask Greenspan... ask any economist who has won a nobel prize... the Free market ideology puts PERSONAL PROFIT ABOVE the good of your nation.

Its TREASONOUS. It endorses the decimation of US job markets if there is more money to be made for the board in foreign markets.
It is a pyramid scam and the bottom finally fell out.

Time to let the notion of unregulated free markets DIE.

Time to start thinking about the survival of your nation... or the free world...
The only thing that needs to be regulated are the industries that have been poisoned and corrupted by harmful gov't intervention.
 

faceking

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Complete and utter horseshit. No one had to qualify for anything. When the no-doc and low-doc loans were introduced for the low income people, the middle income people exploited those loose underwriting guidelines to buy mini-mansions.

Well done. There is a common fallacy that "equal-opportunity" loans have a lower default rate. The data/facts (and my internet connection here in the sticks of paradise can't provide quick and deft reference) are being spun so amateurish, yet the typical cut.paste from blogs rears it's ugly head here. Regardless, let's humor the "Corporal of the Army of the 12 Monkeys"... then why are the pillow-biting lefties going after mortgage brokers and calling for the heads of those whom made predatory loans to said "dumb fuck low folk"? Typical hypocrisy.
 

B_VinylBoy

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Looks like some people never learn... :rolleyes:
Trying to blame the Clinton Administration for the financial meltdown caused by our current GOP is like trying to blame McDonald's for making you obese for eating too many Big Macs even WITH the calorie information on the menu.

Like, OHMIGOD! It's TOTALLY McDonald's fault! They're the ones that made the Big Mac! How dare they make it look so yummy! Why would they make it knowing that I would want to eat thousands of them? Why blame me for my inability to control my own greedy desires? If America didn't want us to be so fat, then why didn't they stop McDonald's from making the Big Mac?

Seriously... why try to humor us monkeys when your thought process is slower than a sloth? At least humans and simians share some kind of scientific genetic bond that shows a level of natural progression. What's the sloth's excuse? :rolleyes:
 

D_Marazion Analdouche

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Like, OHMIGOD! It's TOTALLY McDonald's fault! They're the ones that made the Big Mac! How dare they make it look so yummy! Why would they make it knowing that I would want to eat thousands of them? Why blame me for my inability to control my own greedy desires? If America didn't want us to be so fat, then why didn't they stop McDonald's from making the Big Mac?

On stage or on record
Go to the Wiz and select it
Take it off the rack, if it's wack put it back
I like the Whopper, fuck the Big Mac

Couldn't help myself, for some reason that popped into my head after reading that :wall:
 

B_VinylBoy

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Drifterwood

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Isn't this a case of apples to apples? Unless the circumstances (micro and makro) were the same during the Clinton Presidency, how can you compare it to what happened under G's 8 years?

Macdonalds makes you fat? :eek: At least I still have pizza and coke.
 

D_Tintagel_Demondong

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Can you give names and how long your government has had control of them?

Sure. Here are a few:

1. Air Canada - Canada's largest carrier. Owned and controlled by the government since the '70s
2. Petro-Canada - Canada's largest gas bar chain. The gov't took over BP when it went under in the mid 80's or so.
3. Canadian Broadcasting Corporation (CBC) - Canada's largest TV broadcaster. I think that it was always a crown corp (since the 50's).
4. VIA Rail - Canada's largest passenger train company. It was created around the early 90's by the gov't.

All of these businesses are profitable. Canada isn't communist, or even socialist. We just happen to have about 100 state-controlled "essential" businesses that were fucked up by the private sector. It was a successful solution to a serious problem.