On 04/25/2011 12:15 AM, Nicholas Geti wrote: > You keep harping on Obama saving us from a depression. This feat has yet to > play out. What till you see what happens in two months when QE2 ends and the > flood of paper dollars takes hold. I was lucky to be in the stock market > when it took off. I have made lots of paper dollars but my actual wealth > (because of cheaper dollars) has not gone up. Anyone who is not keeping up > with inflation by owning investments is in serious trouble. But they don't > know it yet. > > The latest statistic is 45% of the American people pay no income taxes. > These are the bleating sheep who want to tax the rich so they can continue > to suck the hand outs from Obama and continue to avoid paying any taxes. > They feel it is their right (especially the unions) to have others pay their > way. The only way for our country to survive is for everyone (rich and poor) > to pay something in taxes so as to feel part of this country and not > entitled to a free pass. > > > ----- Original Message ----- > From: "Geoff"<[email protected]> > To: "'ProFox Email List'"<[email protected]> > Sent: Monday, April 25, 2011 1:06 AM > Subject: RE: [OT] Obama's America > > >> He also left a country on the brink of collapse. Im not sure why you seem >> to think that was such a good thing. History will record that Obama >> inherited a country about to go into a massive Depression and that he >> avoided it. All the rest of the details will be irrelevant. If instead of >> the $14T debt you now have you only had $8T do you think anyone would be >> excited if the unemployment rate was a depression-style 30%? >> >> Obama inherited a massive problem. And your economy is now rebounding >> slowly. No thanks to republicans. >> >> Geoff Flight >> Managing Director >> >> >> -----Original Message----- >> From: [email protected] [mailto:[email protected]] On Behalf >> Of Nicholas Geti >> Sent: Monday, 25 April 2011 2:30 PM >> To: ProFox Email List >> Subject: Re: [OT] Obama's America >> >> I think you had better reread the financial history since Bush. Obama has >> run up a debt 5 times bigger than Bush. >> >> ----- Original Message ----- >> From: "Geoff"<[email protected]> >> To: "'ProFox Email List'"<[email protected]> >> Sent: Sunday, April 24, 2011 4:54 AM >> Subject: RE: [OT] Obama's America >> >> >>> Because he didn’t inherit an economy in free-fall or the debt or the >>> unemployment or the foreclosures right? But he did inherit Iraq and >>> Afghanistan while Libya is little more than a few missile launches. >>> >>> Do u remember the economy as Bush left? The one where the biggest fear >>> was >>> DEPRESSION? A housing segment that had already collapsed. Financial >>> sector >>> in ruins and unemployment rising massively? >>> >>> I know perspective isn’t your strong suit but do u even ACKNOWLEDGE that >>> the economy that Bush left was in tatters? >>> >>> Geoff Flight >>> Managing Director
The USA has one of the most progressive tax systems in the world, which makes the USA tax system one of the most fair in the world; considering the "Diminishing Marginal Utility of Money". The "Diminishing Marginal Utility of Money" is real and has been quantified and graphed in a number of studies. Even Jesus understood the concept: #------------------------------------------ And Jesus sat over against the treasury, and beheld how the people cast money into the treasury: and many that were rich cast in much. And there came a certain poor widow, and she threw in two mites, which make a farthing. And he called unto him his disciples, and saith unto them, Verily I say unto you, That this poor widow hath cast more in, than all they which have cast into the treasury: For all they did cast in of their abundance; but she of her want did cast in all that she had, even all her living. #------------------------------------------ Regards, LelandJ >> [excessive quoting removed by server] _______________________________________________ Post Messages to: [email protected] Subscription Maintenance: http://leafe.com/mailman/listinfo/profox OT-free version of this list: http://leafe.com/mailman/listinfo/profoxtech Searchable Archive: http://leafe.com/archives/search/profox This message: http://leafe.com/archives/byMID/profox/[email protected] ** All postings, unless explicitly stated otherwise, are the opinions of the author, and do not constitute legal or medical advice. This statement is added to the messages for those lawyers who are too stupid to see the obvious.
