Open Thread Saturday

2012 December 8
by bc3b

What’s on your mind?

  • The economy
  • The loss of personal freedom
  • Betrayal by GOP leaders
  • The Middle East
  • North Korea nuking Kalifornia
  • The NHL lockout
  • Cheerleaders
  • Anything else

The NHL lockout involves far more than just the players.

10 Responses leave one →
  1. 2012 December 8 6:46 am
    [1]
    bc3b permalink

    Busy bime of the year.

    On the way to work today I noticed the flags at half-staff. That can mean only one thing: another member of the Armed Forces from Michigan has been killed in Afghanistan.

  2. 2012 December 8 7:34 am
    [2]
    drdog09 permalink

    BC, you sure?? It might be for the unions now that Michigan is a RTW.

  3. 2012 December 8 7:38 am
    [3]
    drdog09 permalink

    “According to official IRS data, the top 1% of income earners paid $84 billion more in federal income taxes in 2007 than in 2000 before the Bush tax cuts were passed, 23% more. The share of total federal income taxes paid by the top 1% rose from 37% in 2000, before the Bush tax cuts, to 40% in 2007, after the tax cuts.

    In contrast, the bottom half of income earners paid $6 billion less in federal income taxes in 2007 than in 2000, a decline of 16%. The share of federal income taxes paid by the bottom 50% declined from 3.9% in 2000 to 2.9% in 2007.

    The Bush tax cuts also included a doubling of the child tax credit from $500 per child to $1,000 per child. Because of that, and the 33% cut in the bottom tax rate, nearly 8 million more people dropped off the federal income tax rolls entirely, paying zero federal income taxes. Indeed, under the Bush tax cuts, the bottom 40% of all income earners not only paid no federal income taxes, as a group on net. By 2009, they were being paid cash by the IRS equal to 10% of all federal income taxes.

    These Bush tax cuts did not explode the deficit, as Obama and his echo chamber have alleged. By 2007, the deficit was down to $160 billion, less than 15% of Obama’s deficits today. Total federal revenues soared from $793.7 billion in 2003, when the last of the Bush tax cuts were enacted, to $1.16 trillion in 2007, a 47% increase. Capital gains revenues had doubled by 2005, despite the 25% capital gains rate cut adopted in 2003. Federal revenues rose to 18.5% of GDP by 2007, above the long term, postwar, historical average over the prior 60 years. CBO was projecting surpluses to return indefinitely in 2012 through the end of its projection period in 2018.”

    http://www.forbes.com/sites/peterferrara/2012/12/06/why-america-is-going-to-miss-the-bush-tax-cuts/

    The sheeple did not know what they voted for. That unwashed 40% who have not been paying any fed taxes, well some of them will find themselves doing so if the automatic trigger is envoked.

  4. 2012 December 8 7:40 am
    [4]

    Evoke it.

  5. 2012 December 8 8:12 am
    [5]
    JustMary permalink

    #3 This comment, and your comment on the only way to really hit Buffett in the wallet, would make a great post if you put them together.

  6. 2012 December 8 8:38 am
    [6]
    bc3b permalink

    drdog09 #3 –

    “BC, you sure?? It might be for the unions now that Michigan is a RTW.”

    Who wouldda ever thought?

  7. 2012 December 8 8:40 am
    [7]
    bc3b permalink

    Don’t you guys just love how I can work a “pin-up” into a thread. Good thing I am no longer in the Air Force of Miss New Yorl Islanders would have to go.

  8. 2012 December 8 8:58 am
    [8]
    drdog09 permalink

    JM,

    I’ll give it a shot later this afternoon.

  9. 2012 December 8 10:54 am
    [9]
    justrand permalink

    some good news, for a change!!

    Today has apparently been declared: “Pretend to be a Time Traveler Day

    at the link are some helpful suggestions!! My favorite is:
    Walk up to random people and say “WHAT YEAR IS THIS?” and when they tell you, get quiet and then say “Then there’s still time!” and run off

    http://www.wired.com/geekdad/2007/12/pretend-to-be-a/

  10. 2012 December 8 2:11 pm
    [10]

    Another rino appointment
    This jerkoff indorsed huntsman for prez. nice going nikki baby.
    The GOP is dead to me.

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