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CA renter.
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December 8, 2010 at 3:14 PM #638265December 8, 2010 at 3:17 PM #637168
ltokuda
Participant[quote=ocrenter][quote=nocommonsense]
Not trying to attack you–just using your comment to make a point. Whatever one does with his income (above $250K or not) is not the government’s damn business, and is no excuse to use to rob his money via unfair and excessive taxation.
It’s this same “thug” logic that the communist countries used to rob the “rich” to give to the “poor”.[/quote]
every issue in this country is now reduced to communist this or fascist that…
very sad[/quote]
ocrenter, that’s completely untrue. There are many issues which are reduced to Hitler and Nazi’s instead.
December 8, 2010 at 3:17 PM #637241ltokuda
Participant[quote=ocrenter][quote=nocommonsense]
Not trying to attack you–just using your comment to make a point. Whatever one does with his income (above $250K or not) is not the government’s damn business, and is no excuse to use to rob his money via unfair and excessive taxation.
It’s this same “thug” logic that the communist countries used to rob the “rich” to give to the “poor”.[/quote]
every issue in this country is now reduced to communist this or fascist that…
very sad[/quote]
ocrenter, that’s completely untrue. There are many issues which are reduced to Hitler and Nazi’s instead.
December 8, 2010 at 3:17 PM #637820ltokuda
Participant[quote=ocrenter][quote=nocommonsense]
Not trying to attack you–just using your comment to make a point. Whatever one does with his income (above $250K or not) is not the government’s damn business, and is no excuse to use to rob his money via unfair and excessive taxation.
It’s this same “thug” logic that the communist countries used to rob the “rich” to give to the “poor”.[/quote]
every issue in this country is now reduced to communist this or fascist that…
very sad[/quote]
ocrenter, that’s completely untrue. There are many issues which are reduced to Hitler and Nazi’s instead.
December 8, 2010 at 3:17 PM #637952ltokuda
Participant[quote=ocrenter][quote=nocommonsense]
Not trying to attack you–just using your comment to make a point. Whatever one does with his income (above $250K or not) is not the government’s damn business, and is no excuse to use to rob his money via unfair and excessive taxation.
It’s this same “thug” logic that the communist countries used to rob the “rich” to give to the “poor”.[/quote]
every issue in this country is now reduced to communist this or fascist that…
very sad[/quote]
ocrenter, that’s completely untrue. There are many issues which are reduced to Hitler and Nazi’s instead.
December 8, 2010 at 3:17 PM #638270ltokuda
Participant[quote=ocrenter][quote=nocommonsense]
Not trying to attack you–just using your comment to make a point. Whatever one does with his income (above $250K or not) is not the government’s damn business, and is no excuse to use to rob his money via unfair and excessive taxation.
It’s this same “thug” logic that the communist countries used to rob the “rich” to give to the “poor”.[/quote]
every issue in this country is now reduced to communist this or fascist that…
very sad[/quote]
ocrenter, that’s completely untrue. There are many issues which are reduced to Hitler and Nazi’s instead.
December 8, 2010 at 3:22 PM #637173ocrenter
Participant[quote=ltokuda]
ocrenter, that’s completely untrue. There are many issues which are reduced to Hitler and Nazi’s instead.[/quote]yes, very true.
December 8, 2010 at 3:22 PM #637246ocrenter
Participant[quote=ltokuda]
ocrenter, that’s completely untrue. There are many issues which are reduced to Hitler and Nazi’s instead.[/quote]yes, very true.
December 8, 2010 at 3:22 PM #637825ocrenter
Participant[quote=ltokuda]
ocrenter, that’s completely untrue. There are many issues which are reduced to Hitler and Nazi’s instead.[/quote]yes, very true.
December 8, 2010 at 3:22 PM #637957ocrenter
Participant[quote=ltokuda]
ocrenter, that’s completely untrue. There are many issues which are reduced to Hitler and Nazi’s instead.[/quote]yes, very true.
December 8, 2010 at 3:22 PM #638275ocrenter
Participant[quote=ltokuda]
ocrenter, that’s completely untrue. There are many issues which are reduced to Hitler and Nazi’s instead.[/quote]yes, very true.
December 8, 2010 at 3:40 PM #637188Rich Toscano
Keymaster[quote=pri_dk]The fact that there once was a bubble in the price of one type of asset doesn’t tell us anything about whether some another asset is in a bubble today.
[/quote]Nor did I suggest as such. My point was that financial market prices shouldn’t ever be used in an attempt to “prove” any macroeconomic statement, because financial markets are often wrong. I mentioned housing in 2005 because at the time, many people were citing rising home prices as proof of housing’s great fundamentals.
As for people paying “a lot” for government bonds: rates are at multi-generational lows, so it really isn’t debatable that people are, relatively speaking, paying a lot.
December 8, 2010 at 3:40 PM #637261Rich Toscano
Keymaster[quote=pri_dk]The fact that there once was a bubble in the price of one type of asset doesn’t tell us anything about whether some another asset is in a bubble today.
[/quote]Nor did I suggest as such. My point was that financial market prices shouldn’t ever be used in an attempt to “prove” any macroeconomic statement, because financial markets are often wrong. I mentioned housing in 2005 because at the time, many people were citing rising home prices as proof of housing’s great fundamentals.
As for people paying “a lot” for government bonds: rates are at multi-generational lows, so it really isn’t debatable that people are, relatively speaking, paying a lot.
December 8, 2010 at 3:40 PM #637840Rich Toscano
Keymaster[quote=pri_dk]The fact that there once was a bubble in the price of one type of asset doesn’t tell us anything about whether some another asset is in a bubble today.
[/quote]Nor did I suggest as such. My point was that financial market prices shouldn’t ever be used in an attempt to “prove” any macroeconomic statement, because financial markets are often wrong. I mentioned housing in 2005 because at the time, many people were citing rising home prices as proof of housing’s great fundamentals.
As for people paying “a lot” for government bonds: rates are at multi-generational lows, so it really isn’t debatable that people are, relatively speaking, paying a lot.
December 8, 2010 at 3:40 PM #637972Rich Toscano
Keymaster[quote=pri_dk]The fact that there once was a bubble in the price of one type of asset doesn’t tell us anything about whether some another asset is in a bubble today.
[/quote]Nor did I suggest as such. My point was that financial market prices shouldn’t ever be used in an attempt to “prove” any macroeconomic statement, because financial markets are often wrong. I mentioned housing in 2005 because at the time, many people were citing rising home prices as proof of housing’s great fundamentals.
As for people paying “a lot” for government bonds: rates are at multi-generational lows, so it really isn’t debatable that people are, relatively speaking, paying a lot.
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