Lla qindi qawdihaw "Chris Guynn" <chris.guynn@gmail.com> dawghattlxhasi:
> I also fully expect that our taxes will start going up
Typical simple-minded paranoia by a Repug.

Signature
Posted via a free Usenet account from http://www.teranews.com
>> The democrats have control of the congress
>>
[quoted text clipped - 10 lines]
>It will all be okay though, because they will raise minimum wage so the poorest of the poor (who are
>still working) will have more money (even though that money will end up buying less).
Well seeing the size of the federal deficit and US national debt why
should your kids and their kids be the only ones to foot the bill
(apart the fact they can't (yet) vote)?
Chris Guynn - 10 Nov 2006 15:17 GMT
> >> The democrats have control of the congress
> >>
[quoted text clipped - 14 lines]
> should your kids and their kids be the only ones to foot the bill
> (apart the fact they can't (yet) vote)?
Why do people think that the only possible way to fix a federal deficit and high national debt is by
raising taxes?
Joe English - 11 Nov 2006 05:33 GMT
>>>>The democrats have control of the congress
>>>>
[quoted text clipped - 26 lines]
> Why do people think that the only possible way to fix a federal deficit and high national debt is by
> raising taxes?
Lack of responsibility?
Dennis (Icarus) - 13 Nov 2006 18:08 GMT
> > >> The democrats have control of the congress
> > >>
[quoted text clipped - 20 lines]
> Why do people think that the only possible way to fix a federal deficit and high national debt is by
> raising taxes?
I'd say its poor education.
When I'm in debt, I cut back on spending until I'm out of it.
Dennis
Lee Bell - 14 Nov 2006 12:19 GMT
>> Why do people think that the only possible way to fix a federal deficit
>> and high national debt is by
>> raising taxes?
> I'd say its poor education.
> When I'm in debt, I cut back on spending until I'm out of it.
When your fixed costs, particularly debt payments, exceed your income, you
can't break even by spending less. You have to increase income or default
on your debts. You aren't in this position because you won't let yourself
be. Many people weren't so wise. They, and perhaps our country, are in
over their heads. Besides, it's easier to raise taxes for those who do not
have the political organization to resist, than to reduce benefits for those
who demonstrated their political power when they got the benefits.
Dennis (Icarus) - 14 Nov 2006 16:37 GMT
> >> Why do people think that the only possible way to fix a federal deficit
> >> and high national debt is by
[quoted text clipped - 10 lines]
> have the political organization to resist, than to reduce benefits for those
> who demonstrated their political power when they got the benefits.
While, indeed, many folks may be in over their heads, I doubt that is the
case for the country.
I'm pretty sure there's still a good bit of waste in the budget.
Dennis
Carl Nisarel - 14 Nov 2006 13:27 GMT
Go gcreime na péisteoga do cheann "Dennis \(Icarus\)"
<nojunkmail@ever.invalid>:
> When I'm in debt, I cut back on spending until I'm out of it.
Yet you and your buddies support Bush and the Repugs.

Signature
Posted via a free Usenet account from http://www.teranews.com
Chris Guynn - 14 Nov 2006 14:39 GMT
> > > >> The democrats have control of the congress
> > > >>
[quoted text clipped - 31 lines]
> I'd say its poor education.
> When I'm in debt, I cut back on spending until I'm out of it.
What a novel idea. That's friggin brilliant. Has anyone thought to let our Congresscritters know
how effective that plan is? I've been letting mine know, but apparently they aren't too bright.
>> The democrats have control of the congress
>>
[quoted text clipped - 10 lines]
>It will all be okay though, because they will raise minimum wage so the poorest of the poor (who are
>still working) will have more money (even though that money will end up buying less).
I have a prediction. The market will tank at the end of 2008. You
see, the current tax structure for capital gains ends then and those
of us with large, unrealized capital gains will sell our winners. The
coming of the Democrats hearlds a new era in the stock market. One
where the dot com bust will look like a minor correction.
Boy howdy, I just can't wait. Meanwhile, I have an AR15 to buy. Along
with some 30 rd mags.

Signature
dillon
If you can't figure out how to unmunge my
address, email me and I'll explain it.
Carl Nisarel - 12 Nov 2006 04:01 GMT
Go gcreime na péisteoga do cheann Dillon Pyron
<dmpyronINVALID@austin.rr.com>:
> The
> coming of the Democrats hearlds a new era in the stock market.
A repeat of the market performance from 1993 - 2000, the Clinton years.

Signature
Posted via a free Usenet account from http://www.teranews.com
Chris Guynn - 13 Nov 2006 16:08 GMT
> >> The democrats have control of the congress
> >>
[quoted text clipped - 19 lines]
> Boy howdy, I just can't wait. Meanwhile, I have an AR15 to buy. Along
> with some 30 rd mags.
I'll be positioning myself into a much more conservative holding structure around that same time.
Currently, I'm "super aggressive". In two years, I'll probably be moderately conservative. Amazing
what a few years difference can make.
I'm young enough to be able to handle the risk of a moderately conservative portfolio during a
downturn. I don't htink anyone is young enough to weather a super aggressive downturn in the same
circumstances. :-)