Obama: With so many suffering, billionaires and millionaires shouldn’t whine

Good for Obama.

In a sometimes painful townhall session broadcast live on CNBC, the president took questions from Americans concerned about the economy and their own futures. The fear and anguish of at least a couple of questioners was palpable, and for the most part Obama didn’t try to sugarcoat what they and the country face.

At one point, however, a hedge fund manager stepped to the microphone to complain on behalf of Wall Street that the financial community was tired of being treated like a pinata. In his response, Obama pointed out that last year, the top 25 hedge fund managers earned an average of a billion dollars apiece. A billion bucks apiece. And he also suggested that a bit of perspective might be in order.

“Now, you know, I have been amused over the last couple years, this sense of somehow me beating up on Wall Street. I think most folks on Main Street feel like they got beat up on. I’ll be honest with you. There’s probably — there’s a big chunk of the country that thinks that I have been too soft on Wall Street. That’s probably the majority, not the minority…. It’s a two-way street. If you’re making a billion dollars a year after a very bad financial crisis where 8 million people lost their jobs and small businesses can’t get loans, then you shouldn’t feel put upon.”

At that point, the CNBC moderator jumped in to note that in the cover story in Forbes magazine, Obama is described as having an “anti-colonial attitude” toward business and that Steve Schwarzman, a prominent hedge-fund manager, had likened Obama’s proposed tax treatment of hedge-fund earnings as “a war … it’s like when Hitler invaded Poland in 1939.”

Obama responded by pointing out that the hedge fund manager and his colleagues are paying a tax rate of 15 percent on what they earn, which is a considerably lower rate than their secretaries have to pay.

“The notion that somehow, me saying ‘Maybe you should be taxed more like your secretary, when you’re pulling home a billion dollars or a hundred million a year,’ I don’t think is me being extremist or anti-business,” Obama said. (See video excerpts below.)

Obama was also asked about ending the Bush tax cuts for those making $250,000 or more a year.

“What the Republicans are proposing … that we provide tax relief primarily to millionaires and billionaires,” he said. “It would cost us $700 billion to do it — on average millionaires would get a check of $100,000…. It is an irresponsible thing for us to do.”

“Here’s what I can’t do. I can’t give tax cuts to the top 2 percent of Americans — 86 percent of that money going people making $1 million or more — and lower the deficit at the same time. I don’t have the math. I’d love to do it. Anybody in elected office would love nothing more than to give everybody tax cuts — not cut services, make sure that I’m providing help to student loans, make sure that we’re keeping our roads safe and our bridges safe, make sure that we’re paying for our veterans coming back from Iraq and Afghanistan. At some point, the numbers just don’t work….”

323 comments Add your comment

RW-(the original)

September 20th, 2010
4:59 pm

But it supposedly costs three trillion to continue current tax rates on those under 250K. It’s also BS to say that if you continue the upper bracket cuts that you have to send those people checks.

Although with the recession ended for over a year why not just raise tax rates on everybody

ByteMe

September 20th, 2010
5:06 pm

Let the Bush/Republican tax cuts die just like they planned it back in 2001.

TaxPayer

September 20th, 2010
5:07 pm

But… But… It’s just not fair.

Hillbilly Deluxe

September 20th, 2010
5:08 pm

Although with the recession ended for over a year …..

Maybe someplace but in my neck of the woods, it’s still going strong.

josef nix

September 20th, 2010
5:09 pm

“… why not just raise tax rates on everybody…”

Sounds good to me…raise ‘em 10% across the board…minimum wage and Warren Buffett…after all, aren’t we supposed to be in this boat together…?

Normal

September 20th, 2010
5:11 pm

I said from the beginning I just can’t feel sorry for a billionaire who suddenly, through no fault of his own, became a multimillionaire…know what I mean?

RW-(the original)

September 20th, 2010
5:14 pm

Maybe someplace but in my neck of the woods, it’s still going strong.

Hillbilly D,

It’s still going strong everywhere else too, except maybe one floor down.

AmVet

September 20th, 2010
5:17 pm

There’s probably — there’s a big chunk of the country that thinks that I have been too soft on Wall Street. That’s probably the majority, not the minority…

NAH! You were much too hard on them Mr. President!

First you implemented grand juries everywhere to investigate the money laundering and other widespread criminal activity on Wall Street and else where.

Then you implemented widespread prosecutions of the men responsible for bilking Uncle Sam out of $3,000,000,000,000.00.

And then to make things worse, you demanded that the laws be written such that they could no longer avoid adhering to the rule of law.

You sir are one sorry socialist…

Scout

September 20th, 2010
5:21 pm

Hummmm ……………….. and what should we do about the one (and the party) causing most of the suffering ?

The same thing that has happened to Bobby Cox so often, “you’re outta here !”

I Report (-: You Whine )-: mmm, mmmm, mmmmm! Just sayin...

September 20th, 2010
5:21 pm

Staged class envy, how nice.

barking frog

September 20th, 2010
5:26 pm

What happened to the pay czar. Are hedge
fund managers exempt?

Paul

September 20th, 2010
5:29 pm

Classic counter to the claim that those making gazillions are where they are because of how smart they are.

A hedge fund manager, in the middle of a group of average people who are wondering if they’ll wake up with a job tomorrow, who knew he was paying 15% on his earnings and his earnings for one year could be higher than the lifetime earnings of all those in the audience…

on live tv….

against a President who has a pretty good mind for numbers and a pretty good way of presenting himself….

Was idiotic enough to make such a pathetically self-serving complaining whine? Un-frakkin’ believable!

Democrats, there’s your political ad. Tight edit, show people standing in unemployment lines, foreclosure signs in front of their homes, keep cutting back to that bozo.

Abso-frakkin’-lutely amazing.

Pogo

September 20th, 2010
5:30 pm

Jay, my household makes 250K/yr and I am not rich. I pay one hell of a lot of taxes already and I employ people in my small business. That is the problem with you Democrats, you define the term “rich” by some metric which your “experts” have come up with. As is the case with everything else, that is a defintion that cannot be painted with the broad brush you progressives want to use. I cannot understand your obsession with raising taxes while you never mention cutting spending,EVER. The only answer must be that you are classic “Tax and Spend” liberal Jay. Do you even care about America or is your progressive/socialist agenda that important to you?

On another note, I heard a very interesting conversation yesterday in a grocery store. Two African American gentlemen, both middle aged and both upper middle class, were discussing politics and the state of this country (at the meat counter no less). One of them said, “I don’t trust Obama anymore”. The other one responded, “We can’t trust anyone “up there” anymore, all politicians are the same”. This indicated to me that everyone is starting to wake up to what this administration (and the previous one too) and the idiots in Congress have done. Maybe there is hope for this country. If all of us can throw aside our political ideologies and personnal preferences and elect the best people for the job, no matter the party or whom or what they are, then there is hope.

Matti

September 20th, 2010
5:30 pm

Ha! Looks like he pulled ‘em out and used ‘em today. Good!

I Report (-: You Whine )-: mmm, mmmm, mmmmm! Just sayin...

September 20th, 2010
5:30 pm

not cut services, make sure that I’m providing help to student loans, make sure that we’re keeping our roads safe and our bridges safe, make sure that we’re paying for our veterans coming back from Iraq and Afghanistan.

When someone figures out how it costs money to illegally take over the private student loan business like a bunch of jackbooted fascists, rebuild roads and bridges that are ALREADY paid for with gasoline taxes and we have to PAY to get our soldiers out of Iraq?

So kookman, are you cheering on the ignorance or the lying?

josef nix

September 20th, 2010
5:30 pm

IR/YW

Make that economic class envy, eh? Income does not necessarilly equate with class, ya know?

Dave R.

September 20th, 2010
5:35 pm

When you’re the least qualified person in every room you enter, all you’ve got is wealth envy.

Th for the big one

September 20th, 2010
5:36 pm

The Democrat Congress is planning to slither out of town three and a half weeks early without doing their job. This congress is the biggest joke in history. No budget. No vote on the tax cut. This is the most useless collection of political vultures ever.
Pelosi must Go!

I Report (-: You Whine )-: mmm, mmmm, mmmmm! Just sayin...

September 20th, 2010
5:37 pm

yosef- Then why do libs crave the income of other people so much? Believe me, and you obozoites will find out in November, I would rather be a hard working, greedy capitalist than I would a shiftless, lowlife schemer.

Southern Comfort

September 20th, 2010
5:38 pm

Paul

That was my thought.

Pogo

Lemme trade places with you then. I’ll gladly pay more in taxes if that means I can have a household income of $250k. It would take my wife and I combined 3 years to hit that mark. Hell, I’d have no problem paying 40% taxes on that. I’d still bring home more than what I do now.

Paul

September 20th, 2010
5:38 pm

Pogo

“household makes 250K/yr and I am not rich. I pay one hell of a lot of taxes already and I employ people in my small business. That is the problem with you Democrats, you define the term “rich” by some metric which your “experts” have come up with.”

Pres Obama has consistently referred to your income as middle class. Okay, upper middle class.

Do you have a cite where he referred to that income level as ‘rich’?

TaxPayer

September 20th, 2010
5:40 pm

Those poor hedge fund managers being forced to earn a billion dollars in one year and then being subjected to a simply horrid tax of 15% on those earnings that were thrust upon them. Good thing they have Republicans and Tea Partiers looking out for them. After all, it’s not like that billion dollars in earnings could have been spread out amongst 22, 222 households making a mere $45,000 and paying out federal income taxes and payroll taxes and even paying for a home and a family and groceries and a car… gee whiz, it’s not like that at all.

Matti

September 20th, 2010
5:40 pm

“Rich” is relative. What’s the matter? Can’t keep up with the acquisition rate of your $950K/yr neighbors? Only got one foreign and two beach vacations last year? One of your cars more than five years old? Out of state college tuition killing you? Gonna have to choose between the new landscaping project and the kitchen remodel? If your household makes $250K/yr and you’re whining that you’re not rich, you need some new friends. Come over to my house!! I’ll fix dinner; we’ll watch some TV. (I feel very blessed that my job can afford me a home, cable service, and food in the kitchen.) You’ll feel like a KING when you get home! Just sayin’.

Peter

September 20th, 2010
5:41 pm

Pogo…..I guess you must be spending allot…. do you go out to eat lunch every day ? How often do you go out to dinner ?

Do you own a new car, or buy used ? Do you have a ton of credit card debt, or live by paying cash ?

Do you own a mid size home 3500 sq feet, or live in a mini mansion ?

It is not about what you make for allot of folks but what they do with the money when they bring it home.

I Report (-: You Whine )-: mmm, mmmm, mmmmm! Just sayin...

September 20th, 2010
5:42 pm

Let me put this bluntly: virtually no one in America gives a damn what Barack Obama says about anything at this point. What could be more predictable, and less interesting, than Obama’s opinion on any given subject? Who wants to contemplate the economic wisdom of a guy who looted the Treasury for a trillion dollars, with less benefit than we could have achieved by stuffing hundred dollar bills into random cereal boxes? Who’s excited to hear about the next plan to convert taxpayer dollars into Democrat campaign funds? Who’s hungry for another hour of tedious excuses about permanently broken markets and the titanic dead hand of George W. Bush? Who wants a lecture on ethical business practices from the titular head of the party that gave us Charlie Rangel and Maxine Waters? What use is another hollow foreign-policy speech from a man who sees no global adversary to rival the menace of Arizona? Even Obama’s supporters don’t hear anything he says any more. There’s nothing left to hear.-Doctor Zero

Just sayin…

Southern Comfort

September 20th, 2010
5:42 pm

Peter

I think Pogo owns a business, so I’m guessing that income is also tied to the business. Right Pogo?

RW-(the original)

September 20th, 2010
5:43 pm

Paul,

That random hedge fund manager that asked the question was also a classmate of Obama’s at Harvard law. Sounds like a plant to me.

josef nix

September 20th, 2010
5:44 pm

I can’t for the life of me understand why anyone would think that a bank account is something to “envy.” If that is where you place your self-estimation, then it’s a rather fragile and insecure frame of reference. Most people are quite happy and quite satisfied with a comfortable living and time to enjoy life’s pleasures…

Matti

September 20th, 2010
5:44 pm

jo nix,

Well said.

Redneck Convert (R--and proud of it)

September 20th, 2010
5:45 pm

Democrats, there’s your political ad. Tight edit, show people standing in unemployment lines, foreclosure signs in front of their homes, keep cutting back to that bozo.

Well, there’s already been a tax increase. My Skoal and Redman went way up. I don’t know how I’m going to live, what with all these taxes. And on top of that I got a property tax increase on the trailer. Now I’ll be paying $55 instead of $50. Bunch of Socialists!

It’s clear to me this Obama don’t understand Trickle Down. The hedge fund manager Paul blasted will take his billion bucks and pay somebody to take care of his mansion and mow his yard. That’s real jobs right there, mister. And somebody’s got to take care of all the investments he makes.

When we take back Congress in November we’ll see to it that rich people get real breaks. And while we’re at it we’ll see to it that the gays don’t get in the military and turn other people into gays. Much less marry other gays. And we won’t approve any judge that will allow abortion. It’s time for Conservatives to take control. On the 1st Tuesday of November you’ll see us spilling out of our trailers like fire ants that have had their house kicked over.

Have a good night everybody.

Hillbilly Deluxe

September 20th, 2010
5:45 pm

“… why not just raise tax rates on everybody…”

What if we dropped the income tax, altogether, and tried a net worth tax. It could, of course, be rate adjusted, so as to make it revenue neutral, to start with. You’d have to figure out a way to tax the person who has a personal corporation, though, unless you taxed the corporation’s worth at the same rate as personal worth.

Richard

September 20th, 2010
5:47 pm

I have a solution to the people currently making $250k/year and more who are whining about their tax rates being too high: we can switch salaries. You’ll have the lower tax rate you want. Work for you?

The moral of the story: tax rates are what people complian about when their income is too low.

Jefferson

September 20th, 2010
5:48 pm

Why not let those who can afford to pay, pay.

Peter

September 20th, 2010
5:49 pm

Hey Southern Comfort ….. he said his household….that means him and his wife’s combined income.

A corporation is separate…..

I Report (-: You Whine )-: mmm, mmmm, mmmmm! Just sayin...

September 20th, 2010
5:49 pm

yosef-You don’t tell that nonsense to your students, do you?

Paul

September 20th, 2010
5:50 pm

TaxPayer

“Those poor hedge fund managers being forced to earn a billion dollars in one year and then being subjected to a simply horrid tax of 15% on those earnings that were thrust upon them. Good thing they have Republicans and Tea Partiers looking out for them.”

I believe it was the Democratic Senate that killed the proposed change to have hedge fund manager income tax rates changed from cap gains to earned income -

Grumpy

September 20th, 2010
5:50 pm

A $2 trillion tax cut? No problem.

A $2.7 trillion tax cut? OMG NO WAY WE DON’T HAVE THE MONEY!

memo to Prez – we can’t afford either of them, so why aren’t you calling for a full sunsetting of all cuts? Where is the $2 trillion going to come from to keep the under $250k cuts in place?

Southern Comfort

September 20th, 2010
5:52 pm

Peter

If I’m not mistaken, some small business owners file taxes for their businesses as personal income or something like that.

Paul

That Democratic Senate did not want to bite the hand that feeds their campaigns.

Jefferson

September 20th, 2010
5:52 pm

Pogo, sorry or congrads, but you are rich.

Paul

September 20th, 2010
5:53 pm

RW-(the original)

I got the ‘we played ball’ stuff. But a classmate? If he wasn’t a plant, and if he knew Obama back then, then I’m doubly amazed he’d open himself up to that. A guy in that position does not think “he’ll be nice to me because we know each other.”

Personally, I’m glad that tax disparity issue got highlighted. Maybe this’ll be what it takes to overcome the bribes/contributions that killed reform last time.

AmVet

September 20th, 2010
5:54 pm

josef, at 5:44. You anti-capitalist!

Not that I would ever doubt the veracity of any of our “well-endowed” right-wing friends here (eye roll), but as Paul noted. “That’s the great thing about the Internet, you get to be whoever you want to be.”

josef nix

September 20th, 2010
5:54 pm

matti
And a “well said” back atcha…@ 5:40

I won’t go into our account books here, but we’re comfortable. I’m considered the ne’er do well in the family because I dropped out of the rat race when I was fixed into a bracket that met my needs. My siblings look at me like I’m from Planet Ozone when I tell them that I am “richer” than they’d ever dream of being. As matti said, “rich” is a matter of perspective…

A Whine in Time Saves Nine x 2 + 3 (or 36% -15%)

September 20th, 2010
5:55 pm

Leave it to the conservatives on here to translate an assessment of what constitutes a fair level of taxation on a billion dollars in earnings into a claim of wealth envy. THAT is not only pathetic, it is a true sign of a lack of education. Reading comprehension classes need to be made more readily available to at least a portion of the viewing audience — the “conservative” portion. Perhaps as a public service.

josef nix

September 20th, 2010
5:57 pm

AmVet

Anti-capitalist? Me? Capitalism has been very good to me! I’m a fifth columnist! :-)

Peadawg

September 20th, 2010
5:59 pm

“With so many suffering, billionaires and millionaires shouldn’t whine”

That’s gotta be one of the greatest things Obama’s ever said. Amen!!!!!!!!!!!!

josef nix

September 20th, 2010
6:02 pm

IR/YW

Actually this year most of the nonesense I’m teaching is the letter P :-)

For my fifth graders, I teach them to actually prepare a bid to carpet three rooms and show a 20% profit…lots of percentages, square footage, converting yards to feet, stuff like that to meet the curriculum guidelines for mathematics…they’re surprized to find out that they can actually run a business with a fifth grade education…

Dave R.

September 20th, 2010
6:02 pm

The problem with you wealth envy-ists out there is that what someone else makes is NOT YOUR PROBLEM!

If you want to pay more in taxes, you are free to cut that check anytime you want, and the Federal government will gleefully cash it for you. If you want to make more money, there is nothing stopping you, either (except the regulations that our Federal government place on you).

So go out and do so. Just stay out of the pockets of the rest of us.

Peter

September 20th, 2010
6:03 pm

Gosh Southern Comfort…. you are talking about sub chapter S correct ?

Do you know what you are talking about…..

I have run a business for over 20 years…..

Pogo just doesn’t watch his money closely, or has decided to have far too many commitments.. such as car loans, credit card debt…… didn’t save early enough for college educations, a nice large house with a high tax tate.

The last two cars I purchased I purchased for cash.

When I made close to that type of money in a year, I saved almost 1/2 of what I paid myself…..

I found that to be more fun then expensive dinners with $48.00 bottles of wine.

Brett

September 20th, 2010
6:03 pm

Hafta laugh. It has always been the mantra of the Repugs. The tiny little people, sad as their personal lives may be, must force themselves to “identify” with the ultra, ultra wealthy. It is a way to attempt to exorcise demons of childhood inadequacies and low-income upbringing. Thus do they forever vote against their own personal interests & well-being – and thus that of the Nation’s. Been that way for decades. It is from these dense masses that the Repugs obtain their “support.” Duh.

RW-(the original)

September 20th, 2010
6:04 pm

Southern Comfort

September 20th, 2010
6:05 pm

Dave R.

September 20th, 2010
6:06 pm

And anytime I get the word “Repugs” used, and have third-grade psycho-babble used to try to identify the motivations of people he never met, I can safely ignore Brett’s post as useless.

Sean

September 20th, 2010
6:10 pm

We had to pay for 2 wars and all the financial mess. That cost $$$. Where is that going to come from. US… Either thru higher taxes and / or cuts in spending… I dont mind paying more taxes IF there also were a huge spending cuts.

Southern Comfort

September 20th, 2010
6:10 pm

Peter

Hence, the If I am not mistaken. I’ve worked in retail for corporations, but have no desire at this time to own my own business. I’m not well versed in those areas which I why I didn’t state my posts as if they were fact. I only go by what I hear from others in that area. You obviously know more in that area than I, so feel free to share/show knowledge.

El Jefe

September 20th, 2010
6:11 pm

With these upper income folks paying more than their fair share to begin with, it falls to the intolerant and ignorant dem’s to suggest they pay even more.

Peadawg

September 20th, 2010
6:11 pm

“IF there also were a huge spending cuts.”

Good luck with that. The way the gov’t has been run the past 10 years, it’s highly unlikely that will happen.

josef nix

September 20th, 2010
6:12 pm

Brett

So, tell me, m’tit, who ARE the little people you keep talking about?

Hillbilly Deluxe

September 20th, 2010
6:15 pm

they’re surprized to find out that they can actually run a business with a fifth grade education…

The folks in the sheepskin business are gonna be mighty mad at you.

Peter

September 20th, 2010
6:15 pm

Hey Southern Comfort….

Doctors who make big money go broke all the time…… BIG house new Benz or Jaguar, eat out on the credit card, ring up the debt… I forgot that club membership, gotta play golf, and the 19th hole can get expensive !

So it is not about what you make, it is about how you spend it.

For all we know Bobo could be complaining because his wife is at the mall weekly with his credit card, then taking her friends out to lunch, and he can’t control her spending…..

Depressed people spend to make themselves happy………then they get more depressed when they get the bills !

Southern Comfort

September 20th, 2010
6:16 pm

Peadawg @ 6:11

AMEN!!!

RW-(the original)

September 20th, 2010
6:17 pm

So, tell me, m’tit, who ARE the little people you keep talking about?

Did you ever see the Bonanza episode called Hoss and the Leprechauns? Turns out they were circus folk.

Southern Comfort

September 20th, 2010
6:17 pm

Peter

I know. I’ve heard the stories about doctors and lawyers being overleveraged and deep in debt. At the rate I’m going, that will not be a problem here. I’m way too cheap.

Matti

September 20th, 2010
6:18 pm

Dave R. @ 6:02,

Doncha just MISS the Feudal System? Ah, good times. Lots of wealth envy, but not a darn thing to be done about it. HAHAHAHAHA! Peasants. Watch how nine of them fight to death over one little sack of flour. What a HOOT!

jm

September 20th, 2010
6:19 pm

Matti 5:40 – your snottiness is disgusting. Everyone wants to pay lower taxes, and the ones that don’t pay any taxes want more money from the government.

While our family doesn’t cross the $250k threshold, we could come close in any given year. My wife currently works approximately 90 hours a week. I’m lucky, I average about 75 hours a week (some of which I obviously blow on this blog when things are slow). We work our tails off and spend so much time working (or at least apart), the last thing we’re thinking about is a new car, vacations. Instead, we’re repaying tens of thousands in student loans, that we can’t deduct any of the mortgage interest on because we don’t qualify. Send kids to school? Not a chance, we can’t afford to have kids. Mow the grass? Do it myself – and it shows unfortunately. Clean the house? Do it myself. Wash the car? Do it myself. Vacations? Camping or visiting relatives.

We’re lucky, we have an ok, but anything but extravagant, 2 bedroom 1 bath house.

So while you may think somebody in the $250k range is living the high life, I assure after all the taxes are gone, it ain’t so. We are managing money the same way were 10 years ago when we were each making about $30k per year. We manage it tightly, cook at home as often as humanly possible, that is when we’re not working. If we’re lucky after working our tails off, we have an extra couple thousand at the end of the month. Will we ever have kids and send them to a private school with that kind of circumstance? Not a chance, our currently non-existent kids will be have to go to public school all the way (which currently isn’t an awful thing, thankfully).

Are we suffering other than working our tails off? Not currently. Are we living the high life? Obviously not. But I have a lot more sympathy for those that make more these days that I probably used to. In particular people who live in places with a very high cost of living, like the Northeast or California. $250k in a place like that isn’t bad. But for a family of 2, believe it or not, (in the NE and CA), you’re getting by and that’s it. I have a lot of sympathy for anyone raising kids that would like to send them somewhere other than their (possibly) underperforming public school.

Am I complaining? No, I’m happy, although I only get to see my wife about 15 hours a week which stinks. Do I hold a grudge against those that want to pay less in taxes? Absolutely not.

Dave R.

September 20th, 2010
6:23 pm

No, Matti, I miss the free-market system. One where you are not taxed based on what how much more you earn than someone else, but by the same rate as everyone else.

The word you’re missing is called “fair”.

kayaker 71

September 20th, 2010
6:24 pm

This Pogo envy is getting out of hand. I am sure that Pogo worked pretty hard for his 250K/yr and all of you Pogo wannabees would give your left nut to do what Pogo has been able to do with his business. Most of you would trade places with the “evil rich” in a heartbeat if given the chance. If given the chance, there is not one liberal whiner on this blog that would not trade places with a billion dollar per year hedge fund manager, including Bookman. How about it libs,…. am I right?

Margo

September 20th, 2010
6:24 pm

I used to make a fairly sizable wage, now not so much, either way-I’m happy! Money ain’t everything, greed ruins lives….

josef nix

September 20th, 2010
6:24 pm

Hillbilly

“The folks in the sheepskin business are gonna be mighty mad at you.”

Yeah, especially when they have to fork out the shekels to have those three rooms carpeted! :-)

Matti

September 20th, 2010
6:25 pm

jm,

MY “snottiness is disgusting?” I offered to fix dinner and share my TV. You think you’re the only one who’s ever sacrificed? I raised kids by myself, and somehow I managed to feed them and put a decent roof over our heads WITHOUT the kind of nastiness you just expressed in six whole paragraphs. I mow my grass too. Is my MEDAL in the mail yet? Geez, with an attitude like yours, you surely don’t need to be reproducing! So glad to hear in SIX paragraphs that you’re not complaining! :roll:

josef nix

September 20th, 2010
6:28 pm

RW
Loved that Bonanza one!

Why in the world would I want to trade places with anyone? I’m happy right where I am. I couldn’t ask for better and if I get smacked by a MARTA bus tomorrow, I’ll meet my M*ker with a smile on my face and a thankee kindly for a good life…

Paul

September 20th, 2010
6:32 pm

RW-(the original) 6:04

“Have a look at the guy’s campaign contributions”

Thanks for that. Tell some of the far-left stuck in the stereotypes of 20 years ago that, and they go into denial.

Didja see his projected donations for the coming year?

Obama Victory Fund – “$0″

Hillbilly Deluxe

September 20th, 2010
6:33 pm

All I have to say, is if I was a $1billion a year hedge fund manager, after year 1, I’d never hit another lick. Why would I ever want to worry about making any more?

Peter

September 20th, 2010
6:34 pm

Hey Southern Comfort …… you may be under estimating “your ability” to do the “Right Thing” financially…..lots of folks cannot……..

Don’t call yourself cheap that is putting yourself down….if you wake up, have control of your finances, take care of yourself, and are happy…..who can say anything to that !

Being fiscally responsible takes effort and planning.

There are lots of stuff I would love to own…..will I be happier if I had more stuff ??? Probably not.

The guys who think that when they die with the most stuff wins….. that to me is silly.

Plus when you own an amazing amount of things, then you better be insured to the hilt, also don’t think for a minute as you strut your expensive stuff around for show, you are not a crime target.

I feel find what you can afford, feel blessed to be eating correctly, and show compassion for the next person. Simple stuff like watching a animal or a humming bird gives quite a lot of pleasure.

Everyone has their own happy place, I would tell anyone to find what they enjoy, and have fun with it….growing delicious tomatoes this year has been wonderful fun for me.

Eating fantastic fried Green tomatoes with Japanese panko bread crumbs last night was a TREAT from my own garden with pride !

Matti

September 20th, 2010
6:35 pm

Dave R.

“The word you’re missing is called “fair”.”

Good point! Thanks. Since I’m a middle class, paycheck-to-paycheck person, all I know is that I sure as heck pay my share of income taxes AND the taxes on everything else. As a piston in the little engine that keeps chugging, I bring it in, and turn it back out. Since I’ve never been too poor to pay (as an adult) nor enjoyed the 15% hedge-fund manager rate, I have nothing to compare it to. I’m sure there’s lots I could learn about “fair.”

Margo

September 20th, 2010
6:35 pm

Christians sure are a greedy lot….

kayaker 71

September 20th, 2010
6:38 pm

Read the Google clip on Bozo’s press conference today. A lot of people are not happy campers.

Peter

September 20th, 2010
6:39 pm

Margo……… that is a silly statement…….

I bet there are non believers that are greedy as well.

Why are you pointing to Christians ? Your Point ?

Dave R.

September 20th, 2010
6:39 pm

“if I get smacked by a MARTA bus tomorrow,” . . .

. . . I’d be pi$$ed!

josef nix

September 20th, 2010
6:40 pm

SoCo
Over here in the cheap corner, myself…take it as a compliment!

AmVet…
Why did G-d create the goyim? Well, somebody has to pay retail…!

Road Scholar

September 20th, 2010
6:40 pm

jm: You picked that lifestyle so why are you whining?

Pogo must be at the health club, country club, or spa since he hasn’t answered. Oh and by the way, the president said that the tax cut below $250K stays intact so that any money over $250K is taxed at the higher rate.

Solution: Take away all tax breaks/deductions from those making more than $250K. No more Country club memberships as a deduction, no more large home deductions for entertaining in your home, no more vehicle and mileage right-offs, no more meal tickets…. and I can go on. And no deductions for the accountant that has found you all those deductions! Other than a mortgage , investment losses and std deductions, who has these other costs that are taken as deductions?

Solution to the

Margo

September 20th, 2010
6:40 pm

God supports a Progressive tax on mankind (Matthew 19:24):” Again, I say to you, it is easier for a camel to go through the eye of a needle then for a rich person to enter the kingdom of God.”

stands for decibels

September 20th, 2010
6:40 pm

there’s a big chunk of the country that thinks that I have been too soft on Wall Street. That’s probably the majority, not the minority

Heh. Indeedy.

Peter

September 20th, 2010
6:41 pm

Hey kayaker 71……. when you wake up in the morning….are you unhappy ?

What percentage of complainers out there made their own Beds so to speak ?

Everyone has choices……what are the choices the complainers are making ?

Dave R.

September 20th, 2010
6:41 pm

It’s easy, Matti. Fair is when everybody pays the same rate as everyone else.

Why do you envy what others have to the point where you want to government to penalize them for their success?

Paul

September 20th, 2010
6:41 pm

Margo

“Christians sure are a greedy lot….”

You referring to the superduper rich or bloggers here?

Either way, do you have a cite?

Or was it just a cheap shot?

TGT

September 20th, 2010
6:42 pm

“I don’t have the math.”

WHAT?!?!

Too bad he didn’t “have the math” when he and his Congressional conspirators were spending trillions of dollars this country doesn’t have!!!

saywhat?

September 20th, 2010
6:42 pm

Yes Kayaker, “every liberal whiner here would trade places with the billion dollar per year hedge fund manager”, but we would all gladly support legislation to make us pay regular income tax (with a 39% top bracket) on that income instead of the 15% capital gains rate they pay, and we wouldn’t whine about it either.

stands for decibels

September 20th, 2010
6:42 pm

God supports a Progressive tax on mankind

And Jesus supports gun control:

And they said, Lord, behold, here [are] two swords. And he said unto them, It is enough.

josef nix

September 20th, 2010
6:42 pm

Margo
Stop the Christian bash, would ya? I’m not one myself, but I find it trite, tiresome and offensive…you’re not a person of faith, fine…you want to be respected for that, then show some respect….

Peter

September 20th, 2010
6:42 pm

Hey Margo……do you know what in Biblical times the “Eye of a Needle” would be ?

Here is a clue……it is NOT used for stitching materials together.

jm

September 20th, 2010
6:44 pm

Matti – nice BS argument. I’m not asking for a medal. Like I said, would I, like most other people, like to pay less in taxes and keep more of what I earn? Yes.

Would I be willing to pay higher taxes to balance the government’s budget? Yes, if they would stop wasting so much of it.

I should probably also point out we’re all ultimately in this together and in deep doodoo. The government is spending so much money, ultimately the taxes are going to go up on everyone and entitlements are going to be cut. So everyone should be for less government wasteful spending (although the big financial gap is in entitlements).

Matti, go ahead, keep living in your dream world where you think I’m a snot for working my tail off, going to night school and taking on student loans I’m repaying to get ahead, and then simply pointing out that after all the work we do, and the student loans we repay, there ain’t a lot left over.

I don’t want a medal. I just want lower taxes, lower deficits, and less government waste, which one would think are universal concepts. But maybe not in your case.

josef nix

September 20th, 2010
6:44 pm

“And Jesus wept.”

Paul

September 20th, 2010
6:45 pm

““if I get smacked by a MARTA bus tomorrow,” . . .

. . . I’d be pi$$ed!”

And I’d have a big lawsuit and no income tax! Yeah!

saywhat?

September 20th, 2010
6:45 pm

Dave R.- Why do you envy what others lack to the point where you want to government to penalize them for their struggling?

Peter

September 20th, 2010
6:48 pm

Hey jm…… your concept makes sense……I just want lower taxes, lower deficits, and less government waste.

I see the issue as, the Democrat’s have a Bill and for the Republican’s to play .they request Pork.

The Republican’s have a bill and for the Democrat’s to play…they want Pork.

Neither is fiscally responsible, and neither will move without getting greased…..both parties hold up American’s in the same way the mafia controls a fear full neighborhood !

I Report (-: You Whine )-: mmm, mmmm, mmmmm! Just sayin...

September 20th, 2010
6:48 pm

Jesus never said to lay up all day and suck your brother dry.

Trust me.

jm

September 20th, 2010
6:50 pm

Road Scholar – picked what lifestyle? The one where I educated myself at nights after working 60 hour weeks (when I was in school) so I could pay more taxes. I did pick it, I’m glad I did. Am I complaining? I don’t think so.

I’m just pointing out Matti’s incompetence when it comes to what it takes to make $250k / year. I’d understand her point slightly more if it was some kid born with a silver spoon that inherited $10 million so he gets $250k from sitting on his dividend checks. But that’s not most of the people in that income bracket. Most of the people making $250k are working their tails off and dual income households with both parents working a lot. I’m not 100% certain of this (because I don’t have the data sitting in front of me), but I’m 95% certain.

josef nix

September 20th, 2010
6:50 pm

PAUL

Have to leave the lawsuit to my survivors! ISH

Margo

September 20th, 2010
6:52 pm

Eph 4:9…”Gentiles (bloggers)…practice every kind of impurity with greediness”

josef nix

September 20th, 2010
6:52 pm

jm
What it takes to make $250 K a year? Some folks can do it sitting on their invested asses…others have to work for it…all a matter of roll of the dice…