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Here It Comes: Obama Considering Another Fiscal Stimulus
It just never changes:
- OBAMA AIDES SAID TO DISCUSS EMPLOYER PAYROLL TAX BREAK
- PAYROLL TAX BREAK FOR EMPLOYERS AMONG IDEAS TO BOOST HIRING
- ADMINISTRATION CONSIDERING MEASURES AS RECOVERY SLOWS
Bolded bullets aside, good luck passing another fiscal stimulus Dear President when you can't even issue debt without stealing money from government retirees.
From Bloomberg:
President Barack Obama’s advisers have discussed seeking a temporary cut in the payroll taxes businesses pay on wages amid economic reports suggesting the recovery is slowing, according to people familiar with the matter.
The idea, in preliminary stage of discussion, is among several being debated in the administration with the aim of boosting hiring, the people said on condition of anonymity to discuss internal deliberations. The unemployment rate in April rose to 9.1 percent, the highest level this year, and the economy is a main focus of the political debate in Washington.
The discussion reflects the political constraints the White House is operating under with the Republican majority in the U.S. House pushing to cut federal spending. A hiring stimulus based on a tax break for employers may have an appeal to Republican lawmakers, many of whom have called for measures to help businesses.
A temporary break in payroll taxes also would echo a centerpiece of the deal Obama and congressional Republicans reached in December 2010 to extend tax cuts enacted during the presidency of George W. Bush. That package included a 2- percentage-point reduction in employee contributions to the payroll tax during 2011. The tax finances Social Security and Medicare and is divided between portions paid by employers and employees.
Obama said at the White House yesterday that he’s interested in “exploring” with lawmakers from both parties extending some of the stimulus measures that were part of the tax cut package “to make sure that we get this recovery up and running in a robust way.”
The people familiar with the discussions would not characterize how seriously the idea is being considered or whether it’s moved beyond initial discussions. Other ideas that have been discussed -- and rejected, according to some administration officials -- include a temporary holiday on corporate taxes on repatriated foreign earnings.
And what permawrong Wall Street aparathick lemmings gets quoted? Why the man who had the NFP number off by 300%+ Joe Lavorgna of course:
In an analysis released shortly after the December 2010 tax-cut deal, Deutsche Bank Securities economists Joseph LaVorgna, Carl Riccadonna and Brett Ryan estimated that the employee payroll tax cut would boost gross domestic product this year by an additional 0.7 percentage points.
Enter another speechless moment, especially since it was yesterday that we discussed just how worthless the first $787 billion fiscal stimulus really was:
QE 2 Was A Disaster: Here Is Why US Fiscal "Stimulus" Was A Complete Failure As Well
Two
and a half years ago, Christina Romer, then still employed by the Obama
administration in the position of Chair of the Council of Economic
Advisers penned "The Job Impact of the American Recovery and
Reinvestment Plan" - a report predicting the impact of a fiscal
"stimulus" that took out $787 billion from the pocket of American
Taxpayers (subsequently discovered to cost even more)
and put that money...somewhere. We are not sure where, because
according to a chart now made legendary for its complete failure to
predict the future, it sure did not go into creating jobs. Below we
present the original chart that made the January 10, 2009 presentation,
and superimpose upon it the reality of the past two and a half years. It
is simply stunning. And while we are here, and discussing the abysmal
failure of QE2 (the impending arrival of QE3 notwithstanding), it is
amusing to hear the whimpering of the likes of one Richard Koo, who is
now claiming that all along the money from the Fed's monetary stimulus
should have been invested in the form of a fiscal one. Well, Dick, below is the impact of your fiscal stimulus....AND it also includes the impact of $2 trillion in incremental monetary stimulus. Combined, both
fiscal and monetary stimulus has now missed the worst case projection
for US unemployment for 30 months running. Here is the simple truth:
both monetary and fiscal stimuli are abysmal failures, when the economy
is mean reverting to a state where it was hijacked from courtesy of 30
years of "great moderation" - and there is nothing that can be done to
stop it. Correction: there is one thing - the Fed can destroy the dollar
in its attempt to disprove simple physics. And, ultimately, it will.
From the original ARRA proposal:
And the outcome:
Nuff said.
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Intended as a compliment. You're enlightened.
Don't worry, be happy.
http://en.wikipedia.org/wiki/Meher_Baba
Head out to San Fransicko and drop some shrooms!
Just stay out of the Castro, unless you're into don't ask - don't tell!
I aint askin' - or tellin'.
Could definately go for a Mission burrito right now.
Is that a euphemism?
Sometimes a burrito is just a burrito.
If anyone here is from san fran and has not eaten at this iconic place and met the iconic chef, they should. Raw food like you will not believe:
http://www.juiceylucys.com/
Juicey Lucy..... just amazing...
ORI
Mexican Border Guard: "Buenos dias Senor, why have you come to Mexico today?"
Tourista: "I'm gonna see one of those girlie shows."
Guard: "Very good Senor! Check out Juicy Lucy and her pet Hila monster!"
:>D
Hah! Go tell this one to Lucy in SF, she'll give you a laugh and a burrito you'll never forget.
ORI
which noteably leads to lower tax revenues and a even a higher deficit which of course cannot be funded through the fixed income market given such low interest rates... and again back with QE 3 disussion...
The payroll "tax break" for the millions who are already employed, will go directly to the bottom line of companies as windfall profit.
Like everything else these jokers have tried, it will create only a few fake jobs!
In the meantime, more IOUs will be stuffed into the social security "trust" fund!
"Job creation" is the mantra for everything these days. But what we need is some job DESTRUCTION - the jobs of these self-proclaimed know it all wizards!
Stop it!
Just think about it for a moment.
An employer tax break.
Whose gonna profit the most?
The biggest headcount employers.
With the highest salaries.
The Fucking Banks!
Aaaaaaaaaaaaaarrrrrraghhhhhhhhhhhhhh!
McWalMart
+1
Keep in mind, the Social Security tax is capped at around $106K.
And I doubt Obama would even THINK about the Medicare tax holiday given the Ryan plan and his "Path to Proseperity (for rich People)."
Will they double the tax break if the new employee is an "undocumented" immigrant?
A tax break? Oh thanka massa, yall sho am nice. Muh muh maybe wesa can have a breaks ona property too? That sho would be swell Barry Soetoro.
Fuck you Barack you sniveling little piece of pigshit. Take your ass back to Kenya or Indonesia or Connecticut or Hawaii or wherever the fuck else your magical, undocumented life has seen you originate from. Sure, you wont be able to suckle the balls or Jamie Dimon, or lick Bernanke's taint anymore, but perhaps you'll find peace once those slave chains are broken. But, even if you just turn into a womanizing, raging alcoholic like your father, running around preaching your oh so enlightened Marxist "Kill Whitey" nonsense until you drive into a tree, we'd all be much better off.
Where as the majority of your posts consist of illogical positions, uneducated economic statements that rarely even make sense, and poor attempts at discrediting the libertarian movement.
at least he isn't preaching that jesus shit anymore.
True, true. I try to ignore him and his idiocy, but damn he's got me all fired up today.
Just walk through your front yard, find your El Camino through all the over-grown grass, do some donuts and you'll feel fine again.
Sometimes you just gotta fire that bitch up, and the world returns to order.
Lol
Or he could splurge and down two nacho plates at the demolition derby this weekend
Coming from an Illinois truck driver, that's quite an insult. WTF happened to you anyway? You really here just to make buddies with RNR?
BTW, RNR - for such an intelligent guy, you do about as good of a job hiding your new identities as velobabe did when she was going through her rapunzel/pinocchio phase.
Fucking staellar rant... Jesus was a Hebrew prophet. Nice guy and all, enlightened without doubt, but he walked among the Hebrews, his people, and tried to steer them from their atavistic, materialist ways. They killed him for it. Why adopt both him and the Hebrew nasty boi Yahweh and their book as well?
Because it served us well for almost 2000 years. As he said, The truth shall set us free. He did minister to the Hebrews. However, in so doing, he showed every man how to live upright and in accordance with our God-given conscience.
http://trololololololololololo.com/
I don't even have to click on it anymore before I start to chuckle...
Hey man, Yahshua is the real deal. Texas Gunslinger's image should not be confused with the image of our Father in Christ.
If you are an athiest still, or some other antichrist shit for brains, oh well ...the bottomless pit is aaaah wait'n. http://www.youtube.com/watch?v=BrbxWOMpwfs
...it's all just ''ironic'', this whole ''global wanting'' should come upon this 2012 generation . Ha haa haa haa. http://www.youtube.com/watch?v=JktxSU9NbYw&feature=related
Look at the bright side. Here we have someone who goes out of his way to tell us what we can't say or think - and that's a good thing. God forbid we say anything that's not approved by the PC Politburo. We wouldn't want to appear insensitive or anything, not even to a drooling mongoloid like Texasgunslinger. Hey, TXgnslngr, check this out:
http://www.youtube.com/watch?v=qRrISZAF7lo
I'm a libertarian who doesn't get involved in racism or conspiracy garbage.
You are just as bad as racist with your broad stereotypes.
Same here, doc. Libertarians are generally non-judgmental and base their opinions of people not on the colour of their skin but on the content of the their character.
I certainly would like some answers myself, though. Why does our president have at least three names? What's with Indonesia and Pakistan? Hawaii and Kenya? Why is the birth certificate an obvious fraud? Why is he a Bilderberger?
What is going on in this country?
Oh Orly, be careful. If you ask anymore disconcerting questions of our masters, they'll think you a racist.
(snigger)
Snigger? Snigger? Oh, you mean laugh! I thought you were uh.... something like this:
http://www.youtube.com/watch?v=s-3fIbt7XNI
Laughing's cool.
I found this obsession over PC-ness a niggardly and lazy distraction from the problems we face, bitchez.
You aren't asking the troll, RNR to answer are you? Because all you will get from him is misreprentation, stereotypes and lies.
BTW, I meant that question rhetorically.
Orly, perhaps you are asking the question rhetorically, but it's quite clear that underneath the over-whelming glare of media, and a couple of other thin skins of political correctness, the entire global political/financial/religious underpinnings have been covertly and overtly manipulated so that perception and reality are probably about as far apart as they have ever been in history. At this point, a series of rapid-fire disclosures, as seem to be coming, will throw the general populace into a cognitive dissonance induced tizzy.... ET-they've been here a long time, Catholic church, huge scam, maritime/admirality law in effect in most nations, the great central banking scam, wide-spread pedophelia... on and on and on.... the jewish question, Israel... and these are the more recent question, Venice, Nicea......
ORI
http://aadivaahan.wordpress.com/2011/05/20/hey-america/
http://aadivaahan.wordpress.com/2011/02/16/truth-about-america-truth-about-us/
http://aadivaahan.wordpress.com/2011/03/28/for-dis-believers/
etc...
Thanks so much for the links, ORI. The posts on your blog are most relaxing...almost hypnotic.
Yes, I was asking those questions rhetorically, as you are probably more familiar with my soliloquies than most here. (And that is because you allow me to steal the seeds from you...) The point in asking the questions then becomes the voice of reason.
I am generally a calm person. You are generally a calm person; well-rationed and spiritually very well-adjusted. I am at peace with myself and have nothing to prove, as I believe you are as well.
The ideas I have (not to say that you hold all these ideas to be the truth as well...) about what is really going on in our world, however, are shockingly insane. No one could possibly believe that their own government could turn three buildings full of people into dust or allow a group of international bankers to turn Americans into debt slaves for nearly one hundred years running...on purpose. No one would believe that this shadow banking empire would assassinate a president or three and attempt to assassinate two others in order to keep their empire alive.
But I say these things with a calm and rational voice. I can point you to the evidence. I am not insane and neither are you. I am hoping that others will see that I am a reasonably intelligent person and be more willing to listen. I have reflected deeply, for many, many years on these facts and the more insane it seems to get, the more it is the only thing that makes sense; the only thing that fits.
For instance, a quote from the article you pulled in one of the links above, if I may:
"On the day it was blown out of the sky, Pan Am 103 was carrying that team of CIA and FBI investigators, the CIA’s Deputy Chief assigned to Beirut, and three Defense Intelligence officers, including McKee and Gannon, on their way to Washington to deliver a report on the CIA’s role in heroin trafficking, and the impact on terrorist financing and the hostage crisis. In short, everyone with direct knowledge of CIA kickbacks from heroin trafficking died on Pan Am 103. A suitcase packed with $500,000 worth of heroin was found in the wreckage. It belonged to investigators, as proof of the corruption."
What patriotic American in their right mind would believe this stuff? It's all true, y'all. It's all true. Look it up. Follow the dots. Follow the money. Believe!
__________
Thanks God for Zerohedge and other sites that allow for these ideas to be exchanged freely. Thanks God for your reasoned site, as well. More and more people are waking up and there will come a time, in the not-so-distant future where that realisation will reach critical mass and it will be game over. I yearn for that day. Not for myself or some ego-trip I may be on, but for my kids and their kids. I don't want them growing up under this shadow of tyranny lurking around the corner any longer. I want their lives to be more in line with what the Founders of our nation were striving for.
It can be so. It will be so. It's just a matter of time. And I am very patient.
:D
Orly, that is really cogently and rationally stated all around. Well said.
Interesting thing is, and this is where open-ness, mind-flex etc. come in.... but if you say something like what you said about governments killing their own, an otherwise 'rational" person can become transformed.
I remember a conversation during my time in the Bay area, the Iraq war had been freshly launched and I was at a hedge-fundie's dinner party. In that one night, I saw how thin the veneer of civility was and hwo easily someone can get riled up by the truth. i was ex-communicated I think for the views stated that night! :-0
Interesting that you find the blog posts relaxing (especially after a few other people said that). And here I am trying to rile folks up!!! :-)
Thanks for the in-depth sharing.
ORI
Now now Slinger,
Please take the High Road like you usually do. After all, being from the great State of Texas, led by Dallas Fed Prez and CEO Richard "Dick" Fisher, I thought you'd be a happy camper? He told me your state is responsible for 38% of all new jobs in the USA.
Without you guys down there, we'd all be really screwed.
Go long Tejas, Gunslinger!
Please don't mess with Texas. We like to keep it somewhat civil here but to disparage Texas would get pretty ugly pretty quick.
Not meant as a slight to the people of Texas at all, only to Slinger, and of course, the boldfaced liar Dick Fisher.
I am a proud Texan myself, but unfortunatly the majority of the population are cultist Republicans.
I went to buy a new pistol and was looking at one to have the salesman tell me that "Rich Perry owns that pistol" in which I replied "Good, maybe he will do us all a favor and put a bullet in his brain". To say the least, I got some rude comments from fellow patrons....along with my new Springfield XD.
Inside every Texas is a truth-seeker dyin' to get out. All we need to do is educate them.
I hope that idiot runs for president so everyone in the world can see he is the ultimate Bilderberger shill. He is so transparent, even dyed-in-the-wool, old school Republicans would begin to go, "Hey, wait a minute..."
Gardisil, Trans-Texas Corridor and on and on. They would nail that ass-clown to the wall for the whole world to gaze upon. I hope he runs.
And he can take his Company man Dewhurst with him. Did a 180 on that whole TSA frisking fiasco right quick, didn't he? Now, even he has to realise he'll never be governor of Texas. He's toast.
All we need to do is educate them, 888. You and me. One unenlightened Texan at a time.
:D
.
You mean doomer™ ?
Why do you find it necessary to trademark fincancial slang, Mr. Smailes? It's not like you're going to see a dime from it, you know.
By the way, Unca Ben is mine!
:D
It's fun ..... !
I have been in a fist fight with about 10 doomers™ over the last 5 months
The first rule of Fight Club is to not talk about Fight Club.
Spalding has gone from being a legitimate contrary opinion who had my respect, to pure troll. I can understand that he grew tired of the constant arguing and sometimes unwarranted abuse, but rather than act like a human being and decide that the ZH comments were a place he didn't want to be, he decided to become a troll.
It's spiteful and disappointing.
Got to laugh... this coming from someone afraid to venture out of the echo chamber...
Truce off, fucker? I kept my word, but if you want to butt in, I can troll you like a mother fucker from here on out. Now fuck you, fuck off, and don't respond to this post. Like the last time, only this time let's make it last.
Ah face it you are a blow hard asshole that *only* comes out when its safe...
Never seen you come up with an original thought or post, always sniping when its safe with the pack...
Now go back to your circle jerk...
That's an interesting take on things, as I pretty much only "snipe" at RNR. As someone who doesn't do a lot of online interaction, I used to eat a lot of troll bait. Not much into it anymore. Spalding and I have had some pretty good conversations, but that isn't why he's here now. Also, I don't see a lot of sniping going on here, except by RNR and Spalding.
I admit that I flamed out hard on you a long time ago, because you were offended by something I said, and I think you are/were hypersensitive. Hell, maybe I was drunk at the time, I don't know. BUT, you and I had a deal. I stay away from you, you stay away from me. I held it up; there were even times when I would have complimented you on a good post, but I promised to never respond to you again.
As far as not ever having an original thought, you have the right to your opinion. The fact that I get consistent positive feedback from many of the long timers here tells me differently. I'm no troll.
So, you want to re-up the truce, accept an olive branch, or only speak when we're going to fuck with one another?
The deal was in your mind... as is the idea that you flamed me hard, don't flatter yourself.
I have seen your posts and when you post...and my point stands, you *only* come out when it is safe...that my friends is, in my book, an intellectual coward...
"Consistent positive feedback"... the very definition of an echo chamber.
Thank you, you are welcome, for making my point...
I'll go back to what I do and you may choose to do the same.
I'll even give the last word.....don't abuse it though.
"Consistent positive feedback"... the very definition of an echo chamber.
Okay you got me. That's kind of funny and you win.
Colonel, I have no idea who RNR is, nor do I really care. If someone really annoys you, simply ignore it. Don't respond in any way. Act like it never happened.
"Consistent positive feedback"
I see you've interacted with one of our self avowed socialists.
I got him to admit he consciously gives up liberty for some sort of government security, however tenuous that might be...I'll admit, it made my brain hurt with the illogic that had to be processed...but I was mostly interested in his work visa and imminent marriage, passport status and country of origin as opposed to his interest in my income and international travels.
I think he can be absorbed into the ZH Borg at some point...he just can't seem to let go right now ;-)
ZH an "echo chamber"?
WTF? Are you kidding me?
"ZH an "echo chamber"?
WTF? Are you kidding me?"
Well, those are not my words but I understand from where they came. The term (as used) was meant to convey a negative...echo chamber = negative.
If one is not tethered securely you can't descend into the abyss and explore from where that phrase came from ;-)
To my way of thinking, in the mind of a socialist ZH is anti-statist, anti-central planning, anti-crony and very very pro-freedom & individualistic...what we say here, would appear as an "echo chamber" to one of them as a reverse reality is true for him.
BOP, if you want to find out what a real 'echo chamber' sounds like just yell something reasonable into MnewmnMn's ear and listen for the nonsensical blather that will inevitably reverberate back; it might be dampened a bit by all the bullshit sloshing around in there, but you'll get the idea.
guess that means he got his ass kicked 10 times in the last five months
Be the Lady you Are.
LMAO! It took you how long to figure that one out.
yen
you were funnier when you had original posts such as: "we've got to think like a ceo."
next time you see your coin dealer tell him you're a real smashing success at zh. people love you.
edit: this is odd. i posted on a comment made by texas gunslinger, which is now gone. hmmmmm.
I think the scumbags post was deleted by the junk fairy. Anyway, I saw the douches post.
Liked your retort to his incredulous drivel...
+1... That rant was spot on and without question the best on this thread. Although, makes one wonder if your avatar was not of a black person you surely would have more then 5 junks by now. You would be all kinds of racist if your avatar was a snowflake.
At least you ruffled Texascumswiggers feathers. Hilarious!
Nice rant Conrad ! I would have added, "Take your black ass back to Afrika and take Schwarzenigger wit you and kick his white ass out da door when you're over Austria !". Monedas 2011 Comedy Jihad Repatriation Tour
we need to stop fighting this and look to profit from it
start a new voting block/party with votes for sale to the highest bidder - cash only
also we need to auction some of our so-called national monumets as memorabilia
Bitcoins are up 200% in a week. Some people are making money (not me though).
I think we need a bitcoin thread on ZH.. It would be a good discussion.
I've hinted a few times. I bring it up in the comments. Not sure why ZH hasn't been on top of it. First issue in a long while the snoozer media has beaten them to something. Then again, maybe they're just mining away right now, waiting until the hash stash is sufficiently large to spring it on people. Profits, bitches.
Because it's irrelevant?
If I had enough money I'd buy the Statue of Liberty and a beach to make a Planet of the Apes theme park.
It would have horses and all... so much want.
The new, new Planet of the Apes, not the ones with Chuck Heston and Marky-mark, especially the girl with the fish-lips and Helena Bonham Carter. James Franciosa was kinda cute, though, but he was better in Capricorn One with OJ.
Hey...what about a combo park with Capricorn One and the new, new Planet of the Apes?
The new apes in PotA are supposed to look pretty real. Just like the chimpanzees in Greystoke: The Legend of Tarzan, Lord of the Apes (which makes the top five of the most underrated movie of all time...). Scary-looking chimps, man. Scary.
Plus, James Franco is easy on the eyes, too.
:D
http://www.hollywoodreporter.com/heat-vision/new-rise-planet-apes-trailer-194411
Dot. Dot. What?
I say Animal farm theme park better
Keep rearranging those deck chairs, and never fear there will be a debt limit increase. Really what's to stop it, Republicans? Now I'm a young man but I wasn't born yesterday. Seems the reds love the debt limit increase in bush years. And if it meant bringing the troops home and cutting mil/industrial money or raising the debt ceiling you can bet a red will vote for more debt every time. And of course the blues will vote for it because their puppet is dancing on the strings right now. It's just show.
So true.
Right...there is no way to skim / steal the 'stimulus' if you provide a payroll tax break. Please, the scum sucking little people were never intended to be helped by any of this non-sense.
I can't wait to hear someone contest it because "the people will only pay off debt" with it.
You know it's coming.
WHERE IN THE HECK? Have you been?
this is going to be tougher on the stock market than the primary dealers gunning the s and p
when are the primary dealers going to pay back that 900 billion in tarp money?
OBAMA 2012
Hell yeah!
Those who went along with HOPE and CHANGE are now hoping for change, as in spare change, like me.
I have gotten rather good at waiting tables, however. So good, I get to do it for one restaurant during lunch time, and another in the evening. I'm usually home by 2 am though.
HOPE to get that $105,000 college debt paid off before I forget what I learned.
Best of luck to you, sincerely. Whatever happens, don't allow frustration to guide you. You know, you're waiting tables, you notice a bank exec or a pol, and you think "what's to stop me from poisoning this asshole?". Don't do it. Stay the course. In 50 years, when those loans are almost all paid off, and all the regulars know you by name, you'll be proud when you can take the day's tips down to the son of one of those execs you allowed to live, and make the final payment.
If you see a banker at least spit in his food.
All bankers deserve a big lugi hidden in the cream sauce
Or for extra points give him a high protein concentrate in his cream sauce.
I wonder if there's a website out there that has names, pictures, and locations frequented by the leaders of the TBTFs. Something like TMZ, but trashier.
Would be a shame if someone waited outside those haunts with a video camera and called the 1-800-DUI number, or just the local police, on Jamie Dimon or someone similar. That would be almost as bad as if someone managed to get to a few of the high class whores those Wall Streeters love and *convinced* them to install hidden cameras in their purses and hotel rooms. However, not quite as tragic if someone was poisoning their food, or selling laced blow/shrooms to them.
My daughter is a barmaid and she and her coworkers do unspeakable things to the straws and eating utensils of those customers they find intolerantly unpleasant. I can assure you this is not an urban myth.
Jesse Jackson admitted he "loogied" into white customer's soup when he was waitin' tables ! Monedas 2011 SEIU me !
Another Ph.D. in iced tea? That sucks, doc. Good luck!
Doc:
Go back to school and learn Chinese. Then go get a job there.
This doesn't bode well for the dollar.
Whatever happened to the tax break for hiring unemployed people?
Seems this was the closest thing they had to an intelligent incentive to get people working again.
As others have noted, employers automatically discriminate against the unemployed, assuming the millions who are not working are "unemployable".
What unemployed people?
They are so full of crap. As a small business owner, I make a commitment to my employees. I CARE about them. A temporary "fix" is not going to encourage me to hire an additional employee.
True. That is just the BS Obama says to get it through.
It is just a stimulus in a more palatable form.
Exactlly Janice. A two percent change in payroll tax means nothing when it comes to hiring another employee. I can only hire so many people and have struggled to keep them on even though it is financially painful to the company in this economy.
So far my employees are only seeing the effect of the recession in the way of a smaller bonus at year end. I have not laid anyone off or cut their hours as I care about them and they are very good employees. They know what is happening and give a little extra to make things work and I respect that
Most small business with under 10 employees will see zero effect from this move.
And you thought there would be deflation. ALL aboard the Gold/Silver train. chooo chooo!!
Show me the LAW we are required to pay TAXES
Serious
Why has no one thought of this?
Please send this to the IRS. They will undoubtedly see the light and close up shop tomorrow. Be sure to include your name and address, so they can send you a Special Award! Thanks from us all!
They did allready.
http://www.youtube.com/watch?v=0CcHgHeraZI
watch it,
watch this also
http://www.youtube.com/watch?v=7MdDOX1OM0Q&feature=related
why all IRS commisioners are joos ?
And pay attention how he make fun of constitution and the Supreme Court Decisions
http://www.popsci.com/files/imagecache/article_image_large/articles/sarcasm01.jpg
good thing he got it on tape........ I've a hunch that sweet lady might meet with an "accident" some day
Thanks for that link -- the Youtube rabbit hole led me to another:
http://youtu.be/0WkQ0qjgIFI
Inspiring lady, Ms. Sherry Jackson is. Stood on principle and it cost her 5 yrs and counting ...
It's right next to the law that says you have the right to own anything.
Right! "Paying Taxes Is Voluntary" -- Harry Reid. http://thematrixnot.blogspot.com/2009/03/paying-taxes-is-voluntary.html
I was expecting a continuation of what we were seeing. The FED manipulating behind the scenes, market up & down a few days at a time in a narrow range. Building confidence that the market can operate without QE.
Too soon for this kind of talk of more stimulus. Seems....desperate.
Spanish Inquisition . . . expecting . . . and no mention of The Comfy Chair????????
Bring it on. Spend, spend, spend. Borrow, borrow, borrow. The sooner this shit implodes the better.
more free shit, everybody likes free shit...
at least this free shit will only go to people who are working. I'm sure Obama hates to let working people keep their money, prefering to redistribute it to non working people.
fool, peeps with time to kill can spend.
useless clowns need to keep working.
Score one against the banksters!:
Measure to delay cap on debit card swipe fees defeated in Senatehttp://www.latimes.com/news/politics/la-pn-swipe-fee-bill-20110608,0,499...
front running the bad employment numbers out tomorrow
wow just yesterday I posted that the only stimulus republicans would allow would be a tax reduction.
Working people deserve a break, considering all the disincentives to productivity in our system.
Is this from the same Obama who said that we had no chance of a double dip recession,... yesterday?
I do detect a hint of desperation in the air...
Did anyone look@ those curves? Rusty did!
Abolish taxes, pay for government spending entirely with money printing. Slurp up that recovery juice, kids!
"Bo Knows" -- Bo Jackson
"Bolded bullets aside, good luck passing another fiscal stimulus Dear President when you can't even issue debt without stealing money from government retirees."
No Pension = NO TAXES on said pension = PAYROLL TAX BREAK
Ahhh Obama campaign speech, mentioning it again on the 4th of May 2009 :
For years, we've talked about shutting down overseas tax havens that let companies set up operations to avoid paying taxes in America. That's what our budget will finally do. On the campaign, I used to talk about the outrage of a building in the Cayman Islands that had over 12,000 business -- businesses claim this building as their headquarters. And I've said before, either this is the largest building in the world or the largest tax scam in the world.
HaHa
Time to give that Kenyan bastard a drug screen .
He must have been sniffing some good grade coke in exchange for the guns he was sending to the Cartels.
Crash this MoFo, Barry !!!
It would be more lucrative to adopt an unemployed person and claim the $13k tax credit.
http://www.smartmoney.com/taxes/income/how-refundable-credits-encourage-...
I think I just caught a whiff of Great Depression 2.0...
If at first you don't succeed, try the same thing again and again and again.
Eh, what's the definition of stupidity? I keep having to look it up again and again and...
Yet another taxpayer funded campaign drive (GIVE CORPORATIONS A BREAK TO HIRE MORE)...
All he cares about is being re-elected and will drive the country into the ground to do so...
At least this is something aimed at ordinary folk.
Something is better than nothing.
Or is it here, after all the giveaways to the haves, where we put down our feet when it comes to the have nots?
Yeah, suuuuuuuuuuure it is.
Smells like the whole deal is a trial balloon leak intended to bait the TP critters. The brutha' needs mo space on the credit line.
Hey, this is the guy who spreached that he'll do whatever is necessary to save Greece. HaHahahahha !!
Bullish for equities, bullish for bonds, bullish for the dollar. Buy everything!
This will pass because none of the $$$$ goes to Main Street only to ws and dod vendors and demodogs and repugs all serve the same masters
My good ZH'ers. Seems the answer was right there in the last sentence of the last paragraph.
"Other ideas that have been discussed -- and rejected, according to some administration officials -- include a temporary holiday on corporate taxes on repatriated foreign earnings"
C'mon, that is how they bring home those $1.5T corporate dollars currently overseas and plow them back into Amerika (tax free to corporations). Think bout it, twice the size of the last "QE stimulus" and no direct cost to the administration. And then that money all gets plowed into equity buy backs, T's, or who fucking cares so long as it moves.
Fixes nothing but good lipstick on the pig. Extend. Pretend. The politics work for this like nothing else.
When is someone going to put a (not bounty) a head tax on politicans and bankers.? Ya know, like as in those who show that they can use their heads and those that display the inability to use it, and thus said head becomes a useless appendage and can be advantageously deleted from those who are so limitedly endowed? Milestones
Read my lips: No - new - QE.
give every american one million dollars and let's get this party rolling.
10 million is now the new 1 million. The `non-existent' inflation, you know!
Thats all id need to fuck off to somewhere without the lunatics running the asylum. Not sure where that is though. We're gonna have to lop zero's off our bank notes quicker than the Germans and Zimbabweans did though, Americans arent smart enough to deal with large numbers.
the bush family bought a big ranch in paraguay? i have not seen them go down there yet. so what did they buy it for? the future maybe?
so how about paraguay?
They bought it to grow sugarcane.
Ethanol from sugarcane is huge in Brazil.
The most amazing thing, tariffs against importing ethanol from Brazil to prop up the subsidized corn producers and corn ethanol producers.
http://articles.latimes.com/2009/nov/04/business/fi-biofuels4
Tariffs against cane sugar to prop up the HFCS industry, high fructose corn syrup.
http://www.fff.org/freedom/0498d.asp
Corn Sugar, not HFCS.
Didn't you get the re-education bulletin?
Corn sugar tastes like happy.
Got it chief, will use as meditation chant.
Hmmm, Corn Sugar, Hmmmm, Corn Sugar, Hmmmm, Corn Sugar, ........
Uhmm, Uhmmm, Uhmmmm, Corn Sugar - Me Happy.
That's more like it!
According to the documentary Blue Gold, the Bush's may have bought that land in Paraguay for an entirely different (and eventually much more profitable) reason.
By the way, have ZH comments officially jumped the shark? I've only been reading for 4 months or so and the comments are getting beyond vapid and worthless. I can only imagine what some veteran readers think about it. Reading this thread was particularly painful.
*oh snap* crow! that will teach me to get sidetracked reading while looking for a link to post. . .
I must also agree with you regarding the signal-to-noise-ratio, and dread the electioneering season should we actually make it to that farce - people, are you seriously still taking sides? and voting for them?? do you really believe any govt. figureheads are acting outside the orders they're given??
you're here, you should know better.
Most of the veteran readers don't post at all anymore.
That should give you some idea.
Tyler's content is still the best, but the comments have degenerated considerably.
It might have something to do with the massive sock puppet invasion of the last 8 weeks or so...
...just a SWAG on my part, with people chiming in that make HarryWanger look somewhat non-retarded by contrast.
The Eternal September comes to ZH.
the guarani aquifer, dub's acreage sits right on top of it.
plenty of chatter about pure water being the "new oil" in terms of profits, as increasing toxic fallout from industry, wars, "accidents" etc. make that which is necessary for LIFE increasingly difficult to source. . . fail oilman going for the new "blue gold". . .