Barack Obama, our next President

"The road ahead will be long. Our climb will be steep," Obama cautioned. Young and charismatic but with little experience on the national level, Obama smashed through racial barriers and easily defeated ... Full Story

Level 1

Since: May 11

Loysville, PA

#872836 Mar 12, 2013
Eman wrote:
<quoted text>
You sheep crack me up
"...Baucus’ Finance Committee passed a bill in August extending 50 expiring deductions and credits for favored industries. At Obama’s insistence, the Baucus bill was cut and pasted word for word into the cliff legislation.General Electric may have been the biggest winner from the cliff deal. GE makes more wind turbines than any other U.S. company, and it lobbied hard for extension of the wind production tax credit. But more important for the multinational conglomerate was an arcane-sounding provision that became Section 222 of Baucus’ bill and then Section 322 of the cliff bill:“Extension of subpart F exception for active financing income.”In short, this provision allows multinationals to move profits to offshore financial subsidiaries and thus avoid paying U.S. corporate income taxes. This is a windfall for GE: The exception played a central role in GE paying $0 in U.S. corporate income tax in 2011 when it made $5.1 billion in U.S. profits."
So you are claiming there is no loophole for overseas profits?

The loophole you speak about should also be eliminated. That loophole put in place originally by Republicans.
John Galt

Temecula, CA

#872838 Mar 12, 2013
palsiwalsi wrote:
"guilt for the subprime mortgage financial crisis lies both with the lenders who knowingly put borrowers into booby trapped mortgages and the management of Fannie Mae and Freddie Mac for making a market for such booby trapped mortgages thus giving the lenders the incentive for writing them."
Show me San Jose State is incorrect
Define a "booby trapped mortgage."
carol

Orlando, FL

#872842 Mar 12, 2013
leosnana wrote:
<quoted text>I think the update is every time Dick Cheney smiles a republican shoots an angel in the face...something like that, anyway.
You know I'll love you til I die, right? I hope you didn't mind my using the baby in a story, it just seemed, well, heck, she's got to learn sometime...
John Galt

Temecula, CA

#872843 Mar 12, 2013
RealDave wrote:
<quoted text>
So you are claiming there is no loophole for overseas profits?
The loophole you speak about should also be eliminated. That loophole put in place originally by Republicans.
If dumbass Dave had his way and foreign profits were taxed at exorbitant US tax rates, what would prevent General Electric corporate structure from leaving the US and locating in a low-tax country?

Would that make dumbass Dave happy?
carol

Orlando, FL

#872844 Mar 12, 2013
John Galt wrote:
<quoted text>
Define a "booby trapped mortgage."
That's one where right after you sign it, your tits explode.
carol

Orlando, FL

#872845 Mar 12, 2013
palsiwalsi wrote:
<quoted text>
Loaded up front to increase down the road.
My thoughts exactly. Frankly, that's why I'm so popular with women.
carol

Orlando, FL

#872848 Mar 12, 2013
Eman wrote:
<quoted text>
Then who will run our schools?
Priests?
reacharoundrose

Arvada, CO

#872849 Mar 12, 2013
the only thing that would make dimwitted dave happy is Obama gagging him.
carol

Orlando, FL

#872850 Mar 12, 2013
Forum wrote:
<quoted text>
Why do men bother little boys?
They cannot destroy evidence.
God can put it on replay.
Yeah, shit, if that boy ain't got a big-screen rig, who does? You reckon he watches football? NASCAR?

Level 1

Since: May 11

Loysville, PA

#872852 Mar 12, 2013
Eman wrote:
<quoted text>
Keep posting that, realtime will eventuallt believe you. In the mean time the gao says it does. I believe them over you anyday.
This is why you are so GD dumb.

You take a GAO report written for Jeff Sessions that had asked what would happen if certain revenues & certain cuts were not in effect.
John Galt

Temecula, CA

#872853 Mar 12, 2013
palsiwalsi wrote:
<quoted text>
Loaded up front to increase down the road.
The purpose of such mortgages is to allow people to qualify based on anticipation of future earnings increases. Galt does not approve of such financing arrangements, preferring conventional fixed rate mortgages with 20% down payments. However, this would exclude disproportionate shares of minorities from home ownership.

The "booby trap" characterization is unfair, intended for media hype. Borrowers are informed of the terms, both verbally and in writing, when they apply for the mortgage. If they choose to ignore the potential problem, or are too stupid to understand, then nothing can help them.

Intelligent people actually read every document associated with a home purchase in its entirety and should have the documents reviewed by an attorney.
carol

Orlando, FL

#872855 Mar 12, 2013
Lot of us who eat venison will pop a few fawns each year. Like human babies they're tenderest at that age, before they start wrecking cars and shit.

Level 1

Since: May 11

Loysville, PA

#872856 Mar 12, 2013
John Galt wrote:
<quoted text>
If dumbass Dave had his way and foreign profits were taxed at exorbitant US tax rates, what would prevent General Electric corporate structure from leaving the US and locating in a low-tax country?
Would that make dumbass Dave happy?
You actually think GE would cease to be a US company?

Why haven't they left already?

“searching myself”

Since: Sep 09

In Charming CA

#872857 Mar 12, 2013
Forum wrote:
<quoted text>
Why do men bother little boys?
They cannot destroy evidence.
God can put it on replay.
Why does 'God' allow it to go on in the first place?

If 'God' is putting it on replay, it must be so that 'God' can watch it, and do nothing to stop it, again, and again, and again.

Some god you have there.

Level 1

Since: May 11

Loysville, PA

#872858 Mar 12, 2013
palsiwalsi wrote:
<quoted text>
here douchebag dolt:
Just the facts ma'm:
, Budget Deficits
http://www.fms.treas.gov/index.html
2002 FY Budget Deficit $158 Billion
2003 FY Budget Deficit $365 Billion
2004 FY Budget Deficit $412 Billion
2005 FY Budget Deficit $319 Billion
2006 FY Budget Deficit $248 Billion
2007 FY Budget Deficit $161 Billion
Democrats control Congress
2008 FY Budget Deficit $455 Billion
2009 FY Budget Deficit $1.4 Trillion
2010 FY Budget Deficit $1.3 Trillion
Repubicans control House - filibuster everything in Senate
2011 FY Budget Deficit $1.6 Trillion
2012FY Budget deficit $1.6 trillion
2013 proposed deficit $1.1 trillion
I fixed it for you.
TSM

El Paso, TX

#872859 Mar 12, 2013
RealDave wrote:
<quoted text>
This is a loophole Republicans refuse to close. It is a loophole that Obama wants to close.
RealDave you have too many Red Blood Cells going your Head…You continue to lie that Republicans wasn’t willing to deal with Loopholes (Subsidies) neither were Democrats, the Senate votes to (End Oil Company Subsidies) Dave it was defeated by a bi-partisan vote 52-48!! Again Darn those Facts!!
carol

Orlando, FL

#872860 Mar 12, 2013
Jimmy wrote:
<quoted text>
Really? That was your pet name from your siblings? Oh well, at least they picked an applicable name for you.
Whoa! Jimmy! 4 syllables! You outdoin' you best work here... however... the word you were seeking is, "appropriate." You see, Jimmy, in the English language there are certain words for certain situations. In this case,'applicable,' is.. well... the wrong one.(Check your pulse now, and again in 20 minutes...)
John Galt

Temecula, CA

#872861 Mar 12, 2013
John Galt wrote:
<quoted text>
The purpose of such mortgages is to allow people to qualify based on anticipation of future earnings increases. Galt does not approve of such financing arrangements, preferring conventional fixed rate mortgages with 20% down payments. However, this would exclude disproportionate shares of minorities from home ownership.
The "booby trap" characterization is unfair, intended for media hype. Borrowers are informed of the terms, both verbally and in writing, when they apply for the mortgage. If they choose to ignore the potential problem, or are too stupid to understand, then nothing can help them.
Intelligent people actually read every document associated with a home purchase in its entirety and should have the documents reviewed by an attorney.
Bottom line is, no amount of government regulation can help stupid people.
John Galt

Temecula, CA

#872862 Mar 12, 2013
carol wrote:
<quoted text>
That's one where right after you sign it, your tits explode.
lily impersonating Carol?
Realtime

Deltona, FL

#872863 Mar 12, 2013
John Galt wrote:
<quoted text>
Lotsa people love swamps, insects, humidity, traffic, and hordes of New Yorkers.
Go figure.
Maybe they go there for the "schmear."
Right, like that shithole/dustbowl you live is what? Paradise?

Actually Paradise CA would have been a better choice for a racist POS like yourself or the nearby Magalia which is a tad whiter for it's lack of Jews. Hah!

Let's review__Galt posted from near Reading PA for three plus years while bitchn about liberal strongholds such as CA and bragging about golf in AZ.

Galt is a joke waiting to unwind.

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