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Sedans Luxury Lounge
21519 messages, Last post on Dec 07, 2009 at 6:26 PM
You are in the Sedans Forum. Your Hosts are pat & karens
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Replying to: hpowders (Nov 05, 2008 12:28 pm) 
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Replying to: hpowders (Nov 05, 2008 5:40 pm) Well... fortunately "Arctic White" is used by Mercedes Benz, another legendary German marque... so even though you are guilty, you are subsequently pardoned, Germanic Man.  TM
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As a Canadian I love being your neighbor . Here in Canada having a Prime Minister who is not from the French part of Canada is considered radical. There is no other country on earth which would allow or democratically elect a visible minority to become a national leader. NONE! Tribal, ethnic, religious, and racial characteristics is what defines a leader in places other than USA. USA has transcended all countries and is guided by far more worthier principles than any other place on this earth. Congratulations again! Now here is the problem: The USA will likely be facing the risk of bankrupcydue to its humungous entitlement programs-Social Security, Medicare, Medicade. What's the potential shortfall--$53 trillions which makes the current 700 billion $ financial bailout look like chickenfeed. Unless President Obama has the guts to impose major entitlement cutbacks or raise taxes substantially there will definitlely be a PROBLEM. In otherwords the status quo cannot be maintained. http://www.cnsnews.com/public/content/article.aspx?RsrcID=33574 Canada faced a debt crisis about ten years ago and with major government cuts and painful reforms that crisis was resolved( In the 1990s Wall Street Journal wrote that Canada will become a poor developing country with a Canadian Peso currency). Times have changed since then but it took a lot of belt tightening to accomplish a turnaround. |
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Replying to: hpowders (Nov 05, 2008 5:40 pm)
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Replying to: tagman (Nov 05, 2008 10:57 am) Welcome back. |
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Replying to: dewey (Nov 05, 2008 8:01 pm) Secondly, fear not, Dewey. Obama shall raise taxes. That was part of his platform. Just much more widely, I believe, than he led us to believe while campaigning. Curb spending/cut entitlements? Unlikely. Hold on... But, I hope to be completely wrong, as I note in point one up there... I do plan, however, to earn much less money so that I can get much more of Tag's, hpowders, Lexusguy, clembo and blkhemi's!!! Thanks, guys!
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Replying to: dewey (Nov 05, 2008 8:01 pm) There is so much at stake... the way I see it, failure is not an option. So... I'm curious now... How dangerous are white cars in the Canadian snow?  TM |
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Replying to: laurasdada (Nov 05, 2008 8:23 pm) On the other hand, you could have continued to enjoy the Bush-era recession and only make $200,000 instead of the $350,000. And instead of being concerned about losing a sizeable chunk of income, go ahead and celebrate about the $3K in taxes you saved. Or perhaps we should keep things as they've been and enjoy the fact that our retirement accounts are now only worth 65% of what they were. Or, perhaps we should keep things the way they've been and enjoy that fact that our houses have declined in value, and many of our homes are not even worth the balance of the mortgage. Isn't that wonderful? But some folks will do ANYTHING to save that 3% tax... afterall "tax" is a dirty word. Yes, some folks will actually embrace the housing declines, retirement account declines, and income declines, but they will be happy because even though their income and net value has shrunk, they are paying less taxes, and that's what matters most to them. And those same folks are most happy when they don't have to do a damned thing to help those that are less fortunate, because to do so would be socialist or even Marxist.  Sorry, but for the 3% tax, I'll take the healthy job security, a substantial income, a growing retirement account, and a home that is accumulating solid equity, and I'll also feel good if I'm helping those that are less fortunate. Those folks making under $250,000 represent 95% of our nation, and giving them a tax break will put more money into their hands to spend as consumers. That's not socialism... it's capitalism... it is the engine that runs our economy. Unfortunately, that engine has run out of fuel, and there are still some folks that "just don't get it". They would rather fight anyone that should try to fix it... mostly because they can't see or believe that it's out of fuel in the first place... even though their own personal net value has shrunk. And while they cry about taxing the wealthy and giving a tax break to the middle class, they wonder, "How did this happen?"  TM |
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 With GM looking for financial aid from the U.S. government you would think they would know when Election Day is. Not to mention, the possible merger with Chrysler was delayed until after Election Day so you would think GM would be looking forward to November 4th. Instead, GM’s November 2008 calendar states that Wednesday, November 5th, meaning today, is Election Day. Okay so someone at GM made an honest mistake and we’re just calling them out on it. Everyone makes mistakes - so do we. link title LOL. TM |
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