Search results

My bank gives me free money for using my credit card. I pay no fees for using the credit card. Credit cards rock, if you know how to use them.

Banks didn't buy shitty paper. Investors bought shitty paper. Banks just packaged it and sold it to them. The demand for the shitty paper is what caused the banks to facilitate the supply.

Corporations should not pay any taxes at all. The taxes should flow through to the shareholders. When corporations pay taxes, they shift the cost to employees first, and then to customers. Thus, corporate taxes are simply shifting wealth from employees and customers to shareholders. If...

Not if she turns into this:

This right here has been the greatest revelation this training camp/pre-season. Gives some hope for this team.

We've all seen the pics. You've got bigger fish to fry than a receding hairline.

Ditto.

Seems likely at this point. Perhaps not a full blown recession, but just a flatness for some time.

No one has answered the question, actually. The best I got from you was "it's obvious," I think.

I was all, "Smaller government...yeah that's nice....avoiding wars...I can see that, that's rational....Elimination of the income tax....WAIT WHAT?!?!?!?!"

Which ones?

Deficits can be sustained in perpetuity. No economist disagrees with this. That wasn't the question. I'm very clear about that concept. Or did you mean something else?

I prefer that we do. He's a 100% certified nutcase.

I agree that there is someone theoretical point at which the U.S. would not be able to service its debt. But I don't think we're anywhere close to that. If you think we are, please explain to me why that is. One thing that will happen when we get close(r) to that point is that interest rates...

Okay, here are the facts. You can look at actual cash expenditures of the U.S. government here: http://www.whitehouse.gov/omb/budget/Historicals/ Download the "Table 1.1". I took the liberty of converting the actual U.S. outlays for every year from 2000 to 2011 (estimated) to "real dollars"...

No, I read that as him saying that camp is tough just like the rest of them. He's just saying that the public perception of "the rest of them" was incorrect.

And that's only by one circuit court. Another circuit court rule it constitutional. The Supreme Court will have to determine the correct answer.

Yeah, it's bad for me too. But that's because I don't have the ability to raise tax revenue or issue more debt like the U.S. government does. That's why I'm curious for a clear answer as to why high deficits are bad with respect to the U.S. government, not me. I know why I can't run debt...