Speaking of Buffett...

Did he ever scratch that check to make up for the millions he didn't pay in taxes (allegedly) that he should of, or is he still gleefully "beating the system?"

Why didn't the democrats crucify this guy, after admitting that??

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Political Affiliation: Zod

why would the democrats crucify someone for speaking the truth ... that crucifixion for truth telling is best left with the (post Goldwater) republicans.

anyway, Judge Learned Hand said it best:

so, while Warren Buffett shares his financial wisedom with a nation which refuses to listen to it, he has no obligation to act against his self interest (which dumb behavior is yet another post-Goldwater republican trait)

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1.20.09 - the end of an error

"The people who cast the votes don't decide an election, the people who count the votes do." Joseph Stalin

Life is a sexually transmitted disease having a 100% fatality rate

Here's another thing that I think will help demonstrate this. It's called the Laffer Curve, and you may have heard of it before. Basically, this is how it works. If a government has a 100% tax or a 0% tax, it won't make any money at all. But obviously there is a place somewhere where the government can make money. So this creates a curve, the Laffer Curve, and somewhere along the curve is a place where the government makes the maximum amount of money. Nobody knows where this is, as economics is a very complex science, but it has become clearer in modern times and we get closer to finding it everyday as the economy shifts and tax rates change. However, the Bush tax cuts have given us very valuable insight into this, because government revenues increased in general, not just because of the capital gains cut. Unfortunately, new ideas like this are not always immediately put into effect, and public opinion has more to say on actual policies than science.

http://en.wikipedia.org/wiki/Laffer_curve

http://en.wikipedia.org/wiki/Image:Laffer-Curve.svg

Please not that this curve is not to scale. A 50% tax is not the maximum, but this helps to illustrate the concept. A libertarian economist had this to say about the concept, ""In the United States the recent advances in tax rates produced only negligible revenue results beyond what would be produced by a progression which stopped at much lower rates."

With the national debt topping 4 trillion dollars, I propose that the government try to find this through very small changes in the tax rate over a large period of time, until it is found and the government gets as much money as possible. Then, when the budget is balanced, we can further reduce taxes to let people get as much of their money as possible. It seems like a simple solution to me, and even then, liberals who want government programs to help the poor should stick to the optimum on the Laffer Curve. An optimum which we can safely assume, is around the lower taxes that Bush has given us. So liberals should support these tax cuts, instead of calling them "irresponsible" as Obama has done.

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The White Fox Uncertainty Principle states that:
You can never know the position of a liberal and the logic behind it at the same time,
because the closer you get to finding one, the more unknown the other one becomes.

I offer you proof that my uncertainty principle stands true:

Now that you mention it I can't recall seeing any economists saying Obamas economic plans are good or even smart.

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"We make war that we may live in peace"
"...peace is the highest aspiration of the American People. We will negotiate for it, sacrifice for it, we will never surrender for it, now or ever."
"War critics can no longer credibly argue that we are losing in Iraq, so now they argue the war costs too much."
"Oderint dum metuant"
http://members.cox.net/neddy/bobhope_kerfuffles.wmv
http://youtube.com/watch?v=RnfflRNpwKA
http://youtube.com/watch?v=j-QYIP7o2-A

that's because economists do not reduce their efforts into comic book form
if you would access something with text it would enlighten you to more than just what the cartoonists are drawing

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1.20.09 - the end of an error

"The people who cast the votes don't decide an election, the people who count the votes do." Joseph Stalin

Life is a sexually transmitted disease having a 100% fatality rate

__________________
"We make war that we may live in peace"
"...peace is the highest aspiration of the American People. We will negotiate for it, sacrifice for it, we will never surrender for it, now or ever."
"War critics can no longer credibly argue that we are losing in Iraq, so now they argue the war costs too much."
"Oderint dum metuant"
http://members.cox.net/neddy/bobhope_kerfuffles.wmv
http://youtube.com/watch?v=RnfflRNpwKA
http://youtube.com/watch?v=j-QYIP7o2-A

I think Obama was already face down in the dirt before Wright started to jump on top of him (Hilary is also in this cartoon. However, due to the fact that she is six feet under, you will not be seeing her anytime soon).

__________________
The White Fox Uncertainty Principle states that:
You can never know the position of a liberal and the logic behind it at the same time,
because the closer you get to finding one, the more unknown the other one becomes.

I offer you proof that my uncertainty principle stands true:

Interesting that you chose to post this in a thread discussing economic policy; perhaps it's a bit disingenuous to link Rev. Wright to Obama's economic policies, don't you agree?

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Perhaps its aimed at justabubbas stupid comment?


I don't expect much from you people..but thinking when reading for half a (*)(*)(*)(*) second isn't that much to ask.





Andaras--When you know absolutely nothing about whats going on do your parents a favor and shut up.

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"We make war that we may live in peace"
"...peace is the highest aspiration of the American People. We will negotiate for it, sacrifice for it, we will never surrender for it, now or ever."
"War critics can no longer credibly argue that we are losing in Iraq, so now they argue the war costs too much."
"Oderint dum metuant"
http://members.cox.net/neddy/bobhope_kerfuffles.wmv
http://youtube.com/watch?v=RnfflRNpwKA
http://youtube.com/watch?v=j-QYIP7o2-A

I don't really think McCain would do much better. Why was that Romney guy so unpopular? He looked like a good choice for President from what I saw of him.