Save Yourself

Canton, OH

#13665 Nov 15, 2012
Duke for Mayor wrote:
<quoted text>
Hey now, that spill was an "act of God". Halliburton shouldn't have to pay for that.
woof
You're supposed to save the "Act of God" card for when the environment is so screwed that even a retarded chimp can't deny it.

Changes in our climate, as it is written in the book of Koch, chapter 1 verse 1

1. Doesn't exist.
2. It exists but not created by humans.

Then we get to...
3. God's punishment because of gay people.
Save Yourself

Canton, OH

#13666 Nov 15, 2012
Al Gore put ripe raspberries in my back yard for the last 5 Decembers. Al Gore made all the rose bushes on my block go into bloom in late September this year. All this so he could make a miniscule fraction of what the oil industry makes in a day. Darn that Liberal agenda!
Duke for Mayor

Akron, OH

#13667 Nov 15, 2012
Che Reagan Christ wrote:
<quoted text>
What happened to the 5 States of Texas? Did you give up on that one already?
I think it may have already been split up into several other states a century and a half ago. I'm sure he's researching it though. Be patient. Probably, he's looking into that bicameral legislature thingy too.

woof
Duke for Mayor

Akron, OH

#13668 Nov 15, 2012
Reality Speaks wrote:
<quoted text>
hey genius
in my post you are laughing at, had word for word constitution sentences typed out.
in short..........
congress......yes.......congre ss........congressssssssss
congress
approves territory disputes and ratifications.
what political party is majority in.......
congress?
Hey, when you get a chance, could you take a look at this, interpret it, and get back to me and explain it?

http://www.law.cornell.edu/supct/html/histori...

woof

Since: Feb 12

Location hidden

#13669 Nov 15, 2012
brown stain wrote:
<quoted text>
I am glad for you that you don't believe in santa.
Well, it doesn't really make any difference outside of the fact that they are lost. The reason for asking was to illustrate a point I was making earlier that the majority of liberals do not believe in the God of the Bible, that's why I was asking. I take it you don't believe and are a liberal?
Atheists more compassionate than believers, study finds now.msn.com/atheists-more-compassionate-than-...

May 4, 2012 ... Who's more generous, religious people or atheists?... Atheists are usually better educated than average. That this ... among atheists. There are many studies that research the correlation between religiosity and intelligence.
anyway

Circleville, OH

#13670 Nov 15, 2012
would somebody please delete this its been 2 years
xxxrayted

Cleveland, OH

#13672 Nov 15, 2012
Anonymous of Indy wrote:
<quoted text>I agree the Federal Government forced banks to lend to high risk individuals and at the same time there was tradeoffs with the financial market & banks on Wallstreet too for Free Market Capitalism Principles by repealing Glass Steagall and letting market run free with these high risk Mortages and other investments which alot of people on wallstreet made alot of money in process and yes there was loosers and just proves that it Socialism can be manipulated to mimic Capitalism.
The problem is that even with the GS act, the crash would have happened anyway. Where were all those bad loans supposed to go?

I've said it repeatedly here on Topix: you can't sell bad securities unless you have those bad securities to begin with. Without any bad securities, there are no bad securities to sell thus no housing crash.
xxxrayted

Cleveland, OH

#13673 Nov 15, 2012
Save Yourself wrote:
I'm sure, since this country was based on religious freedoms, that you guys would have no problem with your tax dollars going towards teaching the Islamic or Hindu versions of a creation myth in the science classes of our public schools, right? Give yourself a rest. Thank God that you guys lost. Ha ha ha ha!
If a community is Hindu or Islamic, then of course I have no problem with them teaching those religions. After all, school is a locally funded thing. If an Islamic community funds it's public schools, then those who are paying for the school should be allowed to dictate the curriculum--not the federal government.
xxxrayted

Cleveland, OH

#13674 Nov 15, 2012
Save Yourself wrote:
Hey neat. BP, the oil company that "God's President" GW Bush deregulated just got fined 4 billion dollars for the oil spill caused by the rig that Haliburton bulit. Amen.
Four billion dollars, huh? No kidding?

Now where do you suppose they are going to get that kind of money?
Duke for Mayor

Akron, OH

#13675 Nov 15, 2012
xxxrayted wrote:
<quoted text>
If a community is Hindu or Islamic, then of course I have no problem with them teaching those religions. After all, school is a locally funded thing. If an Islamic community funds it's public schools, then those who are paying for the school should be allowed to dictate the curriculum--not the federal government.
My, my, my.

Sounds like somebody needs a little refresher on Federal and State Constitutional Law.

woof

Since: Aug 11

Location hidden

#13676 Nov 15, 2012
xxxrayted wrote:
<quoted text>
The problem is that even with the GS act, the crash would have happened anyway. Where were all those bad loans supposed to go?
I've said it repeatedly here on Topix: you can't sell bad securities unless you have those bad securities to begin with. Without any bad securities, there are no bad securities to sell thus no housing crash.
no it wouldnt of, wallstreet created alot of bad Securities & investments intentionally and thought they would reap the rewards with derivatives and make easy & quick money but the money wasnt there to pay out on those intentional bad investment simple fact is after Glass Steagall was implemented after 65 years until 1999 there was no problems and that behavior from wallstreet that created the mess in 2008 was illegall and was not allowed prior to 1999.

A derivative instrument is a contract between two parties that specifies conditions—in particular, dates and the resulting values of the underlying variables—under which payments, or payoffs, are to be made between the parties.
Duke for Mayor

Akron, OH

#13677 Nov 15, 2012
xxxrayted wrote:
<quoted text>
Four billion dollars, huh? No kidding?
Now where do you suppose they are going to get that kind of money?
I dunno, stashed behind a secretary's file cabinet maybe? Or maybe they can just cash a couple of federal subsidy checks.

woof
Che Reagan Christ

Lodi, OH

#13678 Nov 15, 2012
xxxrayted wrote:
<quoted text>
If a community is Hindu or Islamic, then of course I have no problem with them teaching those religions. After all, school is a locally funded thing. If an Islamic community funds it's public schools, then those who are paying for the school should be allowed to dictate the curriculum--not the federal government.
Because, of course, Jews, Christians, Hindus, Muslims and atheists don't all live together in the same communities. Aye carumba.
xxxrayted

Cleveland, OH

#13679 Nov 15, 2012
Anonymous of Indy wrote:
<quoted text>no it wouldnt of, wallstreet created alot of bad Securities & investments intentionally and thought they would reap the rewards with derivatives and make easy & quick money but the money wasnt there to pay out on those intentional bad investment simple fact is after Glass Steagall was implemented after 65 years until 1999 there was no problems and that behavior from wallstreet that created the mess in 2008 was illegall and was not allowed prior to 1999.
A derivative instrument is a contract between two parties that specifies conditions—in particular, dates and the resulting values of the underlying variables—under which payments, or payoffs, are to be made between the parties.
You're losing me Indy. How does Wall Street create bad investments? Wall Street ended up with these bad investments, not created them. What they did was bundle bad securities with good ones. Who stamped those securities AAA?

But let's say that Wall Street had these bad loans and nowhere to get rid of them. What happens to these bad loans now?
xxxrayted

Cleveland, OH

#13680 Nov 15, 2012
Duke for Mayor wrote:
<quoted text>
I dunno, stashed behind a secretary's file cabinet maybe? Or maybe they can just cash a couple of federal subsidy checks.
woof
Oh yes, those mythical government checks oil companies get.
Save Yourself

Canton, OH

#13681 Nov 15, 2012
xxxrayted wrote:
<quoted text>
Four billion dollars, huh? No kidding?
Now where do you suppose they are going to get that kind of money?
I know. They might have to go back to the days of George W Bush and charge $4 a gallon again. Kinda walked right into that one, huh Pig Pen?
Duke for Mayor

Akron, OH

#13682 Nov 15, 2012
xxxrayted wrote:
<quoted text>
Oh yes, those mythical government checks oil companies get.
There's nothing mythical about the lost federal tax and royalty revenues.

http://articles.latimes.com/2010/may/25/natio...

woof

Since: Aug 11

Location hidden

#13683 Nov 15, 2012
xxxrayted wrote:
<quoted text>
You're losing me Indy. How does Wall Street create bad investments? Wall Street ended up with these bad investments, not created them. What they did was bundle bad securities with good ones. Who stamped those securities AAA?
But let's say that Wall Street had these bad loans and nowhere to get rid of them. What happens to these bad loans now?
for one look to Bernie Madoff, a prime example of how to create bad investments but he wasnt betting on derivative market.

THE PURPOSES OF DERIVATIVE MARKETS

http://www.financialpost.org/the-purposes-of-...

A derivative instrument is a contract between two parties that specifies conditions—in particular, dates and the resulting values of the underlying variables—under which payments, or payoffs, are to be made between the parties.
xxxrayted

Cleveland, OH

#13684 Nov 15, 2012
Duke for Mayor wrote:
<quoted text>
There's nothing mythical about the lost federal tax and royalty revenues.
http://articles.latimes.com/2010/may/25/natio...
woof
Oil and Gas Company Tax Breaks
Posted on February 28, 2008

Both candidates are referring to a feature of the U.S. tax code that allows domestic companies to defer taxes on “unrepatriated income.” In other words, revenue that companies earn through their overseas subsidiaries goes untaxed by the IRS as long as it stays off the company’s U.S. books.

But economists, including left-leaning ones, do not agree that eliminating this provision will bring an end to off-shoring. And here’s why: In the U.S., companies are taxed 35 percent on earnings of $10 million to $15 million or on all earnings over $18.3 million. That’s one of the highest corporate tax rates in the world, making an overseas move somewhat attractive to companies that wish to avoid the U.S. tax rate. But that’s not the leading reason companies send jobs overseas. According to a 2005 report by the Government Accountability Office, global technological advancement, increased openness of countries such as China and India, the higher education level of foreign workers in technological fields, and the reduced cost per foreign worker are all contributing factors to off-shoring.

We first addressed this popular theme in 2004, when we reported on a John Kerry campaign ad in which he blamed President George W. Bush for providing tax incentives to companies “outsourcing” jobs overseas. At the time we found that such tax breaks, which do exist, pre-dated the Bush administration and that even Democratic-leaning economists did not support the idea that changing the corporate tax code would end the movement of jobs overseas.

Oil Company Tax Breaks?

Both leading Democratic candidates have referred to tax breaks to oil companies:

Clinton, July 23, 2007: First of all, I have proposed a strategic energy fund that I would fund by taking away the tax break for the oil companies, which have gotten much greater under Bush and Cheney.

Obama, June 22, 2007: In the face of furious lobbying, Congress brushed aside incentives for the production of more renewable fuels in favor of more tax breaks for the oil and gas companies.

Both candidates are referring to H.R. 6, the 2005 energy bill that contained $14.3 billion in subsidies for energy companies. However, as we’ve reported numerous times, a vast majority of those subsidies (all but $2.8 billion) were for nuclear power, energy-efficient cars and buildings, and renewable fuels research. In addition, according to the nonpartisan Congressional Research Service, the tax changes in the 2005 energy bill produced a net tax increase for the oil and gas companies, as we’ve reported time and time and time again. They did get some breaks, but they had more taken away.

http://www.factcheck.org/2008/02/oil-and-gas-...
xxxrayted

Cleveland, OH

#13685 Nov 15, 2012
Save Yourself wrote:
<quoted text>
I know. They might have to go back to the days of George W Bush and charge $4 a gallon again. Kinda walked right into that one, huh Pig Pen?
Congrats. I didn't think you were that smart. Yes, you are correct, they will get that money from us--the consumers. In fact, that's where most large companies and wealthy people recoup their losses--us, the little people.

I know you're a big lib, but there's hope for you yet.

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