Seeking Alpha
  • goldmanscahses
    REPUBLICANSS WANT SEV CUT TAXES TO THE RICH AGAIN, THE SAME THING DUBBYA DID IN 2001 AND WE GOT A NASTY RECESSION
    8/14/12
    Reply (50)
    • crimsongator: This is better. Can you compare this with your previous comment and contrast the value added to the discourse?
      8/14/12
    • goldmanscahses: CONTRAST? FOR what?
      8/14/12
    • crimsongator: Of course, you are on a financial forum, not political one - but conversation around here has degraded to the political on occasion.
      8/14/12
    • crimsongator: Contrast to see how some comments are cogent while others are not.
      8/14/12
    • goldmanscahses: ARE YOU A SBUX BAGGER TROLL? WHY THE FUCK DO YOU DEFEND THEM SO MUCH? WHAT IS YOUR FUCKING PROBLEM?
      8/14/12
    • crimsongator: Conservative, yes. Certainly not progressive. I think other governments have proven you always run out of other people's money.
      8/14/12
    • crimsongator: In terms of trolling, I came for the stocktalks . .. So I think it may be you who landed in the wrong place tonight. But welcome nonetheless
      8/14/12
    • goldmanscahses: THE US CAN PRINT WHATEVER THEY WANT. WE ARE THE WORLD RESERVE CURRENCY! STOP WITH THE BS OF RUNNING OUT OF MONEY
      8/14/12
    • crimsongator: Yes, and China has made trade agreements with other countries that no longer rely on the dollar. And printing has worked so well for Greece
      8/14/12
    • crimsongator: or almost all of the EU for that matter.
      8/14/12
    • crimsongator: It is a rather simplistic economic view that supposes money of any value can just be continually printed without consequence.
      8/14/12
    • goldmanscahses: Greece CAN'T PRINT! NEITHER THE EU
      8/14/12
    • crimsongator: Why don't you lend me ten grand and accept repayment for 6 grand worth because I printed and devalued it to evade my debtors.
      8/14/12
    • goldmanscahses: That doesn't work like that
      8/14/12
    • crimsongator: If you will do that for me personally, I will concede the point to you. We will call it even.
      8/14/12
    • crimsongator: Please explain then. How does it work?
      8/14/12
    • goldmanscahses: I repeat, that's not dollar devaluation, that's a restructuring two different things. Your example is meaningless.
      8/14/12
    • goldmanscahses: You said I loaned you 10K, I'm going to receive in the future the 10K plus the interest not matter how high the inflation rate it is.
      8/14/12
    • crimsongator: How does it work that the "rich" will risk, invest, innovate and employ those who demonize and take from them? Explain how entitlements work
      8/14/12
    • crimsongator: And no, I am not rich. I teach.
      8/14/12
    • goldmanscahses: Social Security isn't a fucking entitlement, people have paid for 30+ years.
      8/14/12
    • crimsongator: No, I control the currency, remember. You get what we agreed on before I devalued the dollar.
      8/14/12
    • crimsongator: Printing money does not devalue the dollar? Well, what else do I have I can sell to you today . . .
      8/14/12
    • crimsongator: The interest you receive may not keep up with inflation.
      8/14/12
    • crimsongator: Do you repay your home mortgage in inflation adjusted dollars? I don't.
      8/14/12
    • goldmanscahses: If you have your wealth diversified you can be at or above the inflation rate for decades.
      8/14/12
    • crimsongator: You are off topic. We were debating world trade with the dollar as the reserve currency.
      8/14/12
    • crimsongator: However you now are more on topic for this particular discussion board!
      8/14/12
    • goldmanscahses: As long as the US population grows, you would see inflation. It is a capitalist system after all.
      8/14/12
    • crimsongator: We supposedly are seeing stagflation now. Population is growing daily. So are you suggesting we should print a certain amount per birth?
      8/14/12
    • goldmanscahses: No, those who rant about inflation are mostly Republcians. I don't see any problem with inflation at 2-3%.
      8/14/12
    • crimsongator: Is it capitalistic to just print more money whenever? Does that help anyone? Does printing increase your paycheck? Mine is stagnant.
      8/14/12
    • crimsongator: Printing is a tax. A hidden tax, but the highest one you pay.
      8/14/12
    • crimsongator: New entitlement? Earmark? Stimulus? No problem. The American people will just be taxed back for the bill. And no vote need even be taken
      8/14/12
    • crimsongator: to secure the reimbursement. Just print, he says!
      8/14/12
    • crimsongator: Devaluation of the currency, inflation of goods and services. Paychecks . . . the economy? Well, you can't have it all.
      8/14/12
    • goldmanscahses: "and no vote need even be taken". Eh, have you seen the polls? Americans want the rich to pay more, and they want more stimulus.....
      8/14/12
    • crimsongator: Quite literally.
      8/14/12
    • goldmanscahses: When I said we could print whatever we wanted, I mean in emergencies. I know that monetary policy is a blunt tool.
      8/14/12
    • crimsongator: It is all about securing the office and the power. And the money. The people always pay. Even if no new tax is enacted.
      8/14/12
    • goldmanscahses: The productivity gains are going into the top 1%. That's why your wages stagnant.
      8/14/12
    • crimsongator: Emergencies? This is an election. It is an EMERGENCY! Was that not your message as you pounded in here tonight?
      8/14/12
    • crimsongator: The rich cannot even pay the interest in the debt! And that assumes 100% tax rate! It isn't about the rich, it is about elections! Politics!
      8/14/12
    • goldmanscahses: The 1% saw their incomes triple after inflation, the middle class got gutted. All started after Reagan trickle down....
      8/14/12
    • crimsongator: You think this election is about you or me. Or the rich or poor. You are wrong.
      8/14/12
    • goldmanscahses: You said it yourself, you said that your pay was stagnant, why does the pay of the 1% is not stagnant?
      8/14/12
    • crimsongator: When you have money, it is easier to make money. And most of them run the system. They own it. And apparently they own you as well.
      8/15/12
    • crimsongator: Since taxing them to the poor house could not actually advance our economy (they are too poor for that), at some point you hear those hollow
      8/15/12
    • crimsongator: words for what they are. A war cry. Who is fighting that war under false pretenses and why. Figure that out and make up your own mind.
      8/15/12
    • crimsongator: But in all honesty I must work tomorrow and therefore bid you goodnight. Is has bee a pleasure. You are smarter than you looked.
      8/15/12