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October 31, 2008 at 9:14 AM #296061October 31, 2008 at 10:30 AM #295674crParticipant
[quote=qwerty007]Firstly, we don’t know that he will raise taxes.
Tax is always unfair, and we all hate it, but it has become a necessary evil.
…we need to put our selfish differences behind us…[/quote]
I agree with a lot that, but isn’t the first thing Obama plans to do is repeal the Bush tax cuts?
Yes, taxes are a necessary evil, but my question is why is the Gov’t solution always to raise them when it comes to crunch time? Why can’t they manage $3 Trillion responsibly? Cut spending?!?
I’ll be the first to say Americans’ greed and sense of entitlement is long overdue for a dose of reality, and I have no problem helping out my fellow brother in need. I’d rather help the starving children on our streets though, than some HELOC refi on already welfare and unemployment.
What I don’t want is Obama at the reigns, spending my hard-earned money, on people that don’t deserve the help, and whatever special interest groups he caters to.
With the Community Reinvestment Act Obama helped poor and minority families get into “affordable” housing Governemnt assistance ala FNM, FMAC.
It was called subprime, and it didn’t exactly turn out well.
October 31, 2008 at 10:30 AM #296012crParticipant[quote=qwerty007]Firstly, we don’t know that he will raise taxes.
Tax is always unfair, and we all hate it, but it has become a necessary evil.
…we need to put our selfish differences behind us…[/quote]
I agree with a lot that, but isn’t the first thing Obama plans to do is repeal the Bush tax cuts?
Yes, taxes are a necessary evil, but my question is why is the Gov’t solution always to raise them when it comes to crunch time? Why can’t they manage $3 Trillion responsibly? Cut spending?!?
I’ll be the first to say Americans’ greed and sense of entitlement is long overdue for a dose of reality, and I have no problem helping out my fellow brother in need. I’d rather help the starving children on our streets though, than some HELOC refi on already welfare and unemployment.
What I don’t want is Obama at the reigns, spending my hard-earned money, on people that don’t deserve the help, and whatever special interest groups he caters to.
With the Community Reinvestment Act Obama helped poor and minority families get into “affordable” housing Governemnt assistance ala FNM, FMAC.
It was called subprime, and it didn’t exactly turn out well.
October 31, 2008 at 10:30 AM #296034crParticipant[quote=qwerty007]Firstly, we don’t know that he will raise taxes.
Tax is always unfair, and we all hate it, but it has become a necessary evil.
…we need to put our selfish differences behind us…[/quote]
I agree with a lot that, but isn’t the first thing Obama plans to do is repeal the Bush tax cuts?
Yes, taxes are a necessary evil, but my question is why is the Gov’t solution always to raise them when it comes to crunch time? Why can’t they manage $3 Trillion responsibly? Cut spending?!?
I’ll be the first to say Americans’ greed and sense of entitlement is long overdue for a dose of reality, and I have no problem helping out my fellow brother in need. I’d rather help the starving children on our streets though, than some HELOC refi on already welfare and unemployment.
What I don’t want is Obama at the reigns, spending my hard-earned money, on people that don’t deserve the help, and whatever special interest groups he caters to.
With the Community Reinvestment Act Obama helped poor and minority families get into “affordable” housing Governemnt assistance ala FNM, FMAC.
It was called subprime, and it didn’t exactly turn out well.
October 31, 2008 at 10:30 AM #296045crParticipant[quote=qwerty007]Firstly, we don’t know that he will raise taxes.
Tax is always unfair, and we all hate it, but it has become a necessary evil.
…we need to put our selfish differences behind us…[/quote]
I agree with a lot that, but isn’t the first thing Obama plans to do is repeal the Bush tax cuts?
Yes, taxes are a necessary evil, but my question is why is the Gov’t solution always to raise them when it comes to crunch time? Why can’t they manage $3 Trillion responsibly? Cut spending?!?
I’ll be the first to say Americans’ greed and sense of entitlement is long overdue for a dose of reality, and I have no problem helping out my fellow brother in need. I’d rather help the starving children on our streets though, than some HELOC refi on already welfare and unemployment.
What I don’t want is Obama at the reigns, spending my hard-earned money, on people that don’t deserve the help, and whatever special interest groups he caters to.
With the Community Reinvestment Act Obama helped poor and minority families get into “affordable” housing Governemnt assistance ala FNM, FMAC.
It was called subprime, and it didn’t exactly turn out well.
October 31, 2008 at 10:30 AM #296086crParticipant[quote=qwerty007]Firstly, we don’t know that he will raise taxes.
Tax is always unfair, and we all hate it, but it has become a necessary evil.
…we need to put our selfish differences behind us…[/quote]
I agree with a lot that, but isn’t the first thing Obama plans to do is repeal the Bush tax cuts?
Yes, taxes are a necessary evil, but my question is why is the Gov’t solution always to raise them when it comes to crunch time? Why can’t they manage $3 Trillion responsibly? Cut spending?!?
I’ll be the first to say Americans’ greed and sense of entitlement is long overdue for a dose of reality, and I have no problem helping out my fellow brother in need. I’d rather help the starving children on our streets though, than some HELOC refi on already welfare and unemployment.
What I don’t want is Obama at the reigns, spending my hard-earned money, on people that don’t deserve the help, and whatever special interest groups he caters to.
With the Community Reinvestment Act Obama helped poor and minority families get into “affordable” housing Governemnt assistance ala FNM, FMAC.
It was called subprime, and it didn’t exactly turn out well.
October 31, 2008 at 12:57 PM #295724Chris Scoreboard JohnstonParticipantI can only hope that is a true story. Of course another way to combat it is just lay people off to offset the impact of increased taxes as well as cut back on philanthropy, which is what I and many friends that employ people plan on doing. I doubt the class warfare that is starting will be won by the poor, but let’s have at it and see.
It is a shame that will be the outgrowth, but alot of you that are so eager to get back at people that have greater wealth are going to be sorry you got what you asked for. I am just a dumb commodities trader but many of my very successful friends are very smart. I doubt seriously that lessor accomplished people will be able to outwit them in this ensuing battle. Some may get a check with some of my money but it will be followed by a pink slip and I doubt the chunk they get from me will be enough to offset being umemployed for an extended period of time.
October 31, 2008 at 12:57 PM #296062Chris Scoreboard JohnstonParticipantI can only hope that is a true story. Of course another way to combat it is just lay people off to offset the impact of increased taxes as well as cut back on philanthropy, which is what I and many friends that employ people plan on doing. I doubt the class warfare that is starting will be won by the poor, but let’s have at it and see.
It is a shame that will be the outgrowth, but alot of you that are so eager to get back at people that have greater wealth are going to be sorry you got what you asked for. I am just a dumb commodities trader but many of my very successful friends are very smart. I doubt seriously that lessor accomplished people will be able to outwit them in this ensuing battle. Some may get a check with some of my money but it will be followed by a pink slip and I doubt the chunk they get from me will be enough to offset being umemployed for an extended period of time.
October 31, 2008 at 12:57 PM #296084Chris Scoreboard JohnstonParticipantI can only hope that is a true story. Of course another way to combat it is just lay people off to offset the impact of increased taxes as well as cut back on philanthropy, which is what I and many friends that employ people plan on doing. I doubt the class warfare that is starting will be won by the poor, but let’s have at it and see.
It is a shame that will be the outgrowth, but alot of you that are so eager to get back at people that have greater wealth are going to be sorry you got what you asked for. I am just a dumb commodities trader but many of my very successful friends are very smart. I doubt seriously that lessor accomplished people will be able to outwit them in this ensuing battle. Some may get a check with some of my money but it will be followed by a pink slip and I doubt the chunk they get from me will be enough to offset being umemployed for an extended period of time.
October 31, 2008 at 12:57 PM #296095Chris Scoreboard JohnstonParticipantI can only hope that is a true story. Of course another way to combat it is just lay people off to offset the impact of increased taxes as well as cut back on philanthropy, which is what I and many friends that employ people plan on doing. I doubt the class warfare that is starting will be won by the poor, but let’s have at it and see.
It is a shame that will be the outgrowth, but alot of you that are so eager to get back at people that have greater wealth are going to be sorry you got what you asked for. I am just a dumb commodities trader but many of my very successful friends are very smart. I doubt seriously that lessor accomplished people will be able to outwit them in this ensuing battle. Some may get a check with some of my money but it will be followed by a pink slip and I doubt the chunk they get from me will be enough to offset being umemployed for an extended period of time.
October 31, 2008 at 12:57 PM #296136Chris Scoreboard JohnstonParticipantI can only hope that is a true story. Of course another way to combat it is just lay people off to offset the impact of increased taxes as well as cut back on philanthropy, which is what I and many friends that employ people plan on doing. I doubt the class warfare that is starting will be won by the poor, but let’s have at it and see.
It is a shame that will be the outgrowth, but alot of you that are so eager to get back at people that have greater wealth are going to be sorry you got what you asked for. I am just a dumb commodities trader but many of my very successful friends are very smart. I doubt seriously that lessor accomplished people will be able to outwit them in this ensuing battle. Some may get a check with some of my money but it will be followed by a pink slip and I doubt the chunk they get from me will be enough to offset being umemployed for an extended period of time.
October 31, 2008 at 1:30 PM #295734CoronitaParticipant[quote=asianautica][quote=urbanrealtor]
I am not saying its impossible but again, I dare you to show me an example that takes place in the last 10 to 20 years.[/quote]
I know quite a few people who came here 15-27 years ago (a little longer than your 20 years limit) with nothing more than the clothes on their backs. Now, they are either engineers, doctors, business owners of businesses that employ as much as 400+ people and have multi-million $ profit. They made it because of hard work, extreme frugality, and great support from family and friends. When your family and friends also have nothing or just a little more than you, but willing to help each other to succeed together, you can go a long way. Also, they did receive government assistance when they first came. However, they try their darnedest to get off it ASAP, through education and frugality. So yes, it’s still doable today to go from rags to riches in America. All it takes is the right mindset.[/quote]Last time I checked, my wife who came here for a graduate work with $2000, a paid one way ticket, and a partial scholarship for research, at a not-so-great school, is doing just fine 14 years later (and no it had, nothing to do with marrying me, which probably weighed down more than anything else). Yes, i guess by american standards, you could say she was from a poor family.
October 31, 2008 at 1:30 PM #296072CoronitaParticipant[quote=asianautica][quote=urbanrealtor]
I am not saying its impossible but again, I dare you to show me an example that takes place in the last 10 to 20 years.[/quote]
I know quite a few people who came here 15-27 years ago (a little longer than your 20 years limit) with nothing more than the clothes on their backs. Now, they are either engineers, doctors, business owners of businesses that employ as much as 400+ people and have multi-million $ profit. They made it because of hard work, extreme frugality, and great support from family and friends. When your family and friends also have nothing or just a little more than you, but willing to help each other to succeed together, you can go a long way. Also, they did receive government assistance when they first came. However, they try their darnedest to get off it ASAP, through education and frugality. So yes, it’s still doable today to go from rags to riches in America. All it takes is the right mindset.[/quote]Last time I checked, my wife who came here for a graduate work with $2000, a paid one way ticket, and a partial scholarship for research, at a not-so-great school, is doing just fine 14 years later (and no it had, nothing to do with marrying me, which probably weighed down more than anything else). Yes, i guess by american standards, you could say she was from a poor family.
October 31, 2008 at 1:30 PM #296094CoronitaParticipant[quote=asianautica][quote=urbanrealtor]
I am not saying its impossible but again, I dare you to show me an example that takes place in the last 10 to 20 years.[/quote]
I know quite a few people who came here 15-27 years ago (a little longer than your 20 years limit) with nothing more than the clothes on their backs. Now, they are either engineers, doctors, business owners of businesses that employ as much as 400+ people and have multi-million $ profit. They made it because of hard work, extreme frugality, and great support from family and friends. When your family and friends also have nothing or just a little more than you, but willing to help each other to succeed together, you can go a long way. Also, they did receive government assistance when they first came. However, they try their darnedest to get off it ASAP, through education and frugality. So yes, it’s still doable today to go from rags to riches in America. All it takes is the right mindset.[/quote]Last time I checked, my wife who came here for a graduate work with $2000, a paid one way ticket, and a partial scholarship for research, at a not-so-great school, is doing just fine 14 years later (and no it had, nothing to do with marrying me, which probably weighed down more than anything else). Yes, i guess by american standards, you could say she was from a poor family.
October 31, 2008 at 1:30 PM #296105CoronitaParticipant[quote=asianautica][quote=urbanrealtor]
I am not saying its impossible but again, I dare you to show me an example that takes place in the last 10 to 20 years.[/quote]
I know quite a few people who came here 15-27 years ago (a little longer than your 20 years limit) with nothing more than the clothes on their backs. Now, they are either engineers, doctors, business owners of businesses that employ as much as 400+ people and have multi-million $ profit. They made it because of hard work, extreme frugality, and great support from family and friends. When your family and friends also have nothing or just a little more than you, but willing to help each other to succeed together, you can go a long way. Also, they did receive government assistance when they first came. However, they try their darnedest to get off it ASAP, through education and frugality. So yes, it’s still doable today to go from rags to riches in America. All it takes is the right mindset.[/quote]Last time I checked, my wife who came here for a graduate work with $2000, a paid one way ticket, and a partial scholarship for research, at a not-so-great school, is doing just fine 14 years later (and no it had, nothing to do with marrying me, which probably weighed down more than anything else). Yes, i guess by american standards, you could say she was from a poor family.
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