Home › Forums › Financial Markets/Economics › Greenspan – Very Dangerous Possibilities of Extending Bush Tax Cuts
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September 27, 2010 at 10:36 AM #610758September 27, 2010 at 10:42 AM #609703
patb
Participant[quote=Russell]For decades now our country looks like a terrible reality show called “Battle of the Welfare Queens”. The contestants are racketeers, pimps and prostitutes, who have to put bribes and arrange or pull tricks, to see who gets hit by the pain train and who gets hit by a delicious cream puff. The studio audience gets splattered with blood while the try to catch frosting.[/quote]
bankers and multi nationals pay no taxes.
September 27, 2010 at 10:42 AM #609791patb
Participant[quote=Russell]For decades now our country looks like a terrible reality show called “Battle of the Welfare Queens”. The contestants are racketeers, pimps and prostitutes, who have to put bribes and arrange or pull tricks, to see who gets hit by the pain train and who gets hit by a delicious cream puff. The studio audience gets splattered with blood while the try to catch frosting.[/quote]
bankers and multi nationals pay no taxes.
September 27, 2010 at 10:42 AM #610339patb
Participant[quote=Russell]For decades now our country looks like a terrible reality show called “Battle of the Welfare Queens”. The contestants are racketeers, pimps and prostitutes, who have to put bribes and arrange or pull tricks, to see who gets hit by the pain train and who gets hit by a delicious cream puff. The studio audience gets splattered with blood while the try to catch frosting.[/quote]
bankers and multi nationals pay no taxes.
September 27, 2010 at 10:42 AM #610451patb
Participant[quote=Russell]For decades now our country looks like a terrible reality show called “Battle of the Welfare Queens”. The contestants are racketeers, pimps and prostitutes, who have to put bribes and arrange or pull tricks, to see who gets hit by the pain train and who gets hit by a delicious cream puff. The studio audience gets splattered with blood while the try to catch frosting.[/quote]
bankers and multi nationals pay no taxes.
September 27, 2010 at 10:42 AM #610768patb
Participant[quote=Russell]For decades now our country looks like a terrible reality show called “Battle of the Welfare Queens”. The contestants are racketeers, pimps and prostitutes, who have to put bribes and arrange or pull tricks, to see who gets hit by the pain train and who gets hit by a delicious cream puff. The studio audience gets splattered with blood while the try to catch frosting.[/quote]
bankers and multi nationals pay no taxes.
September 27, 2010 at 10:44 AM #609708Scarlett
ParticipantMulti-nationals?
What do you mean? I have double citizenship and pay American taxes…
September 27, 2010 at 10:44 AM #609796Scarlett
ParticipantMulti-nationals?
What do you mean? I have double citizenship and pay American taxes…
September 27, 2010 at 10:44 AM #610344Scarlett
ParticipantMulti-nationals?
What do you mean? I have double citizenship and pay American taxes…
September 27, 2010 at 10:44 AM #610456Scarlett
ParticipantMulti-nationals?
What do you mean? I have double citizenship and pay American taxes…
September 27, 2010 at 10:44 AM #610773Scarlett
ParticipantMulti-nationals?
What do you mean? I have double citizenship and pay American taxes…
September 27, 2010 at 11:09 AM #609723investor
ParticipantI don’t see a revolution either but I do see a situation so bad that there is a wide spread call to change the system to a more equitable one. (Flat tax, term limits on congress people, balanced budget mandatory, replacing the dollar with another currency, …)The book “aftershock” by weinamer (or something close to that) spells it all out. I am a little surprised that greenspan is saying something similar to what aftershock says. ( If you read between greenspan’s words). This is the first time I have heard a mainstream economist reference a catastrophe if the debt load isn’t reduced. In short, aftershock says that we are in for a dollar bubble which leads to a Treasury bond bubble/default.
September 27, 2010 at 11:09 AM #609811investor
ParticipantI don’t see a revolution either but I do see a situation so bad that there is a wide spread call to change the system to a more equitable one. (Flat tax, term limits on congress people, balanced budget mandatory, replacing the dollar with another currency, …)The book “aftershock” by weinamer (or something close to that) spells it all out. I am a little surprised that greenspan is saying something similar to what aftershock says. ( If you read between greenspan’s words). This is the first time I have heard a mainstream economist reference a catastrophe if the debt load isn’t reduced. In short, aftershock says that we are in for a dollar bubble which leads to a Treasury bond bubble/default.
September 27, 2010 at 11:09 AM #610359investor
ParticipantI don’t see a revolution either but I do see a situation so bad that there is a wide spread call to change the system to a more equitable one. (Flat tax, term limits on congress people, balanced budget mandatory, replacing the dollar with another currency, …)The book “aftershock” by weinamer (or something close to that) spells it all out. I am a little surprised that greenspan is saying something similar to what aftershock says. ( If you read between greenspan’s words). This is the first time I have heard a mainstream economist reference a catastrophe if the debt load isn’t reduced. In short, aftershock says that we are in for a dollar bubble which leads to a Treasury bond bubble/default.
September 27, 2010 at 11:09 AM #610471investor
ParticipantI don’t see a revolution either but I do see a situation so bad that there is a wide spread call to change the system to a more equitable one. (Flat tax, term limits on congress people, balanced budget mandatory, replacing the dollar with another currency, …)The book “aftershock” by weinamer (or something close to that) spells it all out. I am a little surprised that greenspan is saying something similar to what aftershock says. ( If you read between greenspan’s words). This is the first time I have heard a mainstream economist reference a catastrophe if the debt load isn’t reduced. In short, aftershock says that we are in for a dollar bubble which leads to a Treasury bond bubble/default.
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