47% of Tea Baggers dont pay federal taxes hypocrisy insues

[hanimmal]

It's not a bank its a private corp. FYI

Do you not think that banks are private corporations?

What does regular banks have to do with the "Federal" reserve not being Federal? I was simply pointing out a fact most people...yourself included...seem to not understand. That the federal reserve is no more federal then fedex.

And Bank of America is not America's bank? The Fed is a Quasi Government institution. It is a private company that is owned by the banks within its district (by having to buy in to become part of it). Those banks own the Fed, but the Fed is operating similar to a branch of government.

I know this is the stuff that panics the people that refuse to not believe conspiracy theories, but it is really a brilliant way to do it.

2. Somehow they are overpaid? The Fed employees can make much more money in the private sector. LULZ

See above for the stupidity of this. - You were the one who said..."The Fed employees can make much more money in the private sector." Well seeing as how the Federal reserve is a private for profit corporation....what sector would you say they are in? Private.....

Sigh, fine you got me, the Fed is a Quasi Government branch that is really paid for through a buy in of private banks (who retain the assets of the Fed if it were to be dissolved). Is that as accurate as possible for you?

Bernake's pay for 2010: $199,700.
All over a million dollars for CEO's of these banks. You will be hard pressed to find executives willing to be paid what the Fed pays their people. And even economists can find better pay in other industries:

What? Did you even read what that twit said the Fed does? He is right, the government when low on money can simply call the Fed and have them print up some more for us to spend with some juice aka interest tacked on it. We have a fiat currency backed by nothing which allows this type of bullshit. Read that link I posted. The national debt can never go away because our currency system makes it impossible. Every last dime in US currency is being charged interest because of the Federal Reserve system. And that is what our Income taxes that you are so fond of pay for.

This is 100% false.

This is a conspiracy theory that is not true. It is illegal for the Fed to print money (They don't even have a printing press!) that is the Treasury that has the ability to print money. So with the government in control of this, why would they need to fed to illegally print money? Sounds stupid because it is, and it is not true.

The Fed is able to only buy and sell EXISTING treasury bills, ones that the government has already sold to the public (not the Fed).

And when they do so, the Treasury still has to pay the interest (just like if you purchased a secondary market security you would then get the interest and not the original buyer). And at the end of the year when the Fed has a lot of money that would be profit if they were not a 'quasi government system that was paid for and operates on the payments of the private banks' gets 'donated' to the treasury.

All the other nonsense that is out there is horseshit. I strongly urge you to stop reading garbage on the internet (you can start with this if you wish, as long as you forget the other stuff too) and find out which book they teach in the money and banking class in the local economics department at a local university and use that to learn about the banking system.

If you don't you will continue to regurgitate the nonsense of the internet, and while to people that wear the stupid Obama joker shirt may think you are with it, anyone that knows anything about the banking system will quickly find out you are just spouting the garbage from cook internet sites.

When I look back at one defining moment that puts our country in its current situation, I think of Wilson signing off on the Fed.

I agree, we are far more wealthy, have everything we need and much of what we want as a country because of that signing.

Businesses were able to operate much more efficiently due to financial innovations, people were able to have places to live, and purchase cars. We were finally able to curb the boom and bust that devastated entire regions forever to less amplitude peaks and valleys and occasional recessions taking their places. I mean it is amazing, as stupid as much of the decisions that politicians and people make here in the us, we still keep improving all we have.

It really is amazing how well having a regulatory body to force banks to work as a system in the bad times has worked. I mean imagine if the Fed was not here during this last time, and we allowed the banks to collapse like a lot of people on the right were begging for.

Bank panics, leading to more and more banks to collapse, that would have completely destroyed the stored wealth (401k's, retirement, pension funds, insurance funds, ect) of our retiring generation who worked very hard to keep us in good roads, new technologies, schools, so that are lives would be better. After a few years we would have been fine (younger workers) but really anyone over 55 would have been toast.

 

[hanimmal]

Once again.... Han shows he doesn't know what he's talking about...and yet is CONVINCED he's right!!!

Over & over again.... everything is a surprise...

here you go... hooboy!!


Want to get rich? Work for feds

Examiner Editorial
April 29, 2010

lol Examiner, nice, that is not a biased source eh?

But anyway, your "article" doesn't say shit about the Fed, it is about Federal Jobs, if you read the actual information, yours is talking about federal jobs. Which in the article I pasted shown that the lower income jobs (what would be low pay in private sector) are well provided for in the Federal ones, but as you move up in specialty (ie not pushing a broom) you make more in the private sector.

If you disagree jump onto the payscale websites and punch in some good jobs and see for yourself.

At the Fed an economist can make more in another private industry, same with actuarials in finance or insurance companies, ect.




Here let me help you out with your usual outline for your next post to me:
--------------

Your wrong (insert petty insult here), and (insert petty criticism that doesn't have to have anything to do with anything that has actually has been said (actually works better if not)).

See this article proves your wrong! (Post a article that has nothing to do with what is being talked about).

(start to argue a completely different point)

Now answer me this finally if you don't dodge it again (or third time, doesn't matter since you never asked it in the first place)

* Note if answered in a later post, tell them to not dodge the question again and answer the actual question to frustrate them*

(ask said irrelevant question)


----

Then sit back and watch your toadies jump around and bark like little yipping dogs. Don't post back to anything that is asked about you, dodge the thread for a few days until there is enough posts in between so that people don't bother you when you get back.

And above all else continue to use the condescending tone of mockery that you use for everyone that disagrees with you.

Oh! almost forgot, catchphrases:
something about democrats, or liberals.

 

[joe weed smoker]

the biggest tool (and i mean that in every sense of the word) in the Republican arsenal is the ability to regurgitate and spew the same backasswords agenda that has been drilled into their psychi since birth.

 

[joe weed smoker]

And of course.... insulting a population already pissed off is always the SMART thing to do. Liberals need no enemies...they do just fine destroying themselves. So keep on calling them names....

Then again the base of the liberal party is none too educated..... or they wouldn't be liberal.

yeah i heard that one, accept for every time u say liberal replace it with conservative. in the end we are all a bunch of dumb hicks fighting with one another to no result. ie: (REPS)We have an anti gay agenda, but oh whats this another conservative politician comes outa the closet(unwillingly). OR (DEMS) Lets take guns outa the hands of the citizens, oh wait another person was shot to death in their own home because the crook was armed and that poor bastard wasn't. OR: (REPS) I think ill go to a tea party rally and throw my loose change at a poor old beggar with multiple sclerosis because i work while he "sucks off the system". Politics in general is, from one young mans perspective, all about shooting the bullshit.

 

[medicineman]

you regurgitate the ramblings of a rabid liberal.
Fightin words to be sure. Let's look at the genious of the right: Joe the plumber, fine example, Sarah Palin, dumber than a box of rocks, Rush Limpballs, well he may not be so dumb, cause he makes money off all the dumbass repukes, Glenn Beck, Downright wierd. Anyone that actually believes the crap he spews must be braindead, including him. Let's not forget about the "teabaggers", Named their movement after a homosexual sex act, genious. I could go on and on, but I'm gettin bored, adios.

 

[Johnnyorganic]

you regurgitate the ramblings of a rabid liberal.
Fightin words to be sure. Let's look at the genious of the right: Joe the plumber, fine example, Sarah Palin, dumber than a box of rocks, Rush Limpballs, well he may not be so dumb, cause he makes money off all the dumbass repukes, Glenn Beck, Downright wierd. Anyone that actually believes the crap he spews must be braindead, including him. Let's not forget about the "teabaggers", Named their movement after a homosexual sex act, genious. I could go on and on, but I'm gettin bored, adios.

Another brilliant analysis.

The name to which you refer was actually bestowed by the likes of Janeane Garofalo, Chuckie Shumer, even The Chosen One himself; among others. You included.

Ironically, after the shellacking you clowns have received in recent elections, 'Teabagger' became a badge of honor. Which makes you the Teabagee.

Open wide.

ROTFLMAO!

 

[Johnnyorganic]

And Sarah Palin may not be the brightest bulb in the chandelier, but she's pulling down plenty of jack. In fact, as much money as she's making even the smallest Down Syndrome Palin, little Calculus, could buy and sell your government-dependent ass.

It's so entertaining when Meddie opens his pie hole.

Oh, the irony!

 

[hanimmal]

So being an entertainer some how makes you a good politician now?

Feel free to toss in bill maher, michael moore, 1/2 of the actors that 'rocked the vote' into the nut dem room too.

But you republicans are no better.

Your guys' talking heads have just as much stupidity coming from their holes as our people. But yeah you republicans should have a good year. Congrats if that happens. But the worst is behind us, and they most likely won't have a majority in either house or senate. And Obama should be fine for a second term since you all continue to piss all over a race with a huge population in the US, and the economy should be pretty decent in 2 1/2 years. So at least we won't have to worry about them screwing up a recovery with the usual republican recessionary antics.

 

[Johnnyorganic]

So being an entertainer some how makes you a good politician now?

Feel free to toss in bill maher, michael moore, 1/2 of the actors that 'rocked the vote' into the nut dem room too.

But you republicans are no better.

Your guys' talking heads have just as much stupidity coming from their holes as our people. But yeah you republicans should have a good year. Congrats if that happens. But the worst is behind us, and they most likely won't have a majority in either house or senate. And Obama should be fine for a second term since you all continue to piss all over a race with a huge population in the US, and the economy should be pretty decent in 2 1/2 years. So at least we won't have to worry about them screwing up a recovery with the usual republican recessionary antics.

Maybe you should ask Al Franken that question.

Who are you calling a Republican?

Anybody but the Social Democrats is the goal for now. But keep whistling past the graveyard. It's all you have, after all.

Which race is being pissed on? Do you consider Illegal Alien to be a race? LOL! No race or ethnicity is singled out in the Arizona initiative. So the race-baiting is quite humorous; and desperate.

 

[hanimmal]

There are far more legal mexicans here than illegal ones. If you don't think they have a voting impact, well keep thinking that, we liberals won't mind.

And I was calling you a republican. Because you may temper your response by saying "Social Democrats" but after calling Obama a socialist for the last two years when there is nothing to support your claim other than garbage republican soundbites. I doubt you will find a Dem you will support.

So by default you are going to vote republican. Well if you vote at all.

 

[hanimmal]

So being an entertainer some how makes you a good politician now?

Maybe you should ask Al Franken that question.

Or Regan the actor (if you had a wiji board), or Govenator, or Palin the weather girl, or any politician that spends every second they can in front of the cameras saying nothing but soundbites.

Not just Franken.

 

[Johnnyorganic]

There are far more legal mexicans here than illegal ones. If you don't think they have a voting impact, well keep thinking that, we liberals won't mind.

And I was calling you a republican. Because you may temper your response by saying "Social Democrats" but after calling Obama a socialist for the last two years when there is nothing to support your claim other than garbage republican soundbites. I doubt you will find a Dem you will support.

So by default you are going to vote republican. Well if you vote at all.

If they are legal residents or citizens they have nothing to fear from the Arizona initiative, Progressive scare tactics notwithstanding.

You may assume you can dictate to me what I am, but you cannot. Nice try though.

The enemy of my enemy is my friend this election cycle.

I do not participate in the primaries because they are a party functions.

FYI. In the General Election I intend to vote for the Democratic incumbent for the State Legislative seat. He's a good man. And down here, even the Democrats are Conservative. Ha ha!

Or Regan the actor (if you had a wiji board), or Govenator, or Palin the weather girl, or any politician that spends every second they can in front of the cameras saying nothing but soundbites.

Not just Franken.

You forgot Gopher from The Love Boat.

And Clint Eastwood.

And Sonny Bono.

 

[hanimmal]

So many actors.

I know you are one of the old school libertarians. But seriously you must realize you are just anti-Obama at this point right?

And we both know state parties vs federal parties are vastly different right. State level it is far easier to get someone good in office vs federal level. Anyway I am just being a prick about it, I know everyone here is mostly not republicans, and really just anti-big government, and that is great.

I just like to with all the tossing around of liberal or whatever socialist type of connotation that it ends up being as a insult, toss a little back.

And it usually does piss you all off to be called republican. At least enough to have you guys say your not a republican.



Anyway:

If they are legal residents or citizens they have nothing to fear from the Arizona initiative, Progressive scare tactics notwithstanding.

Not if they are the spawn of illegal immigrants. Then they may have to see their parents given the boot.

Plus legal Mexicans usually live in neighborhoods with other Mexicans who are illegal right? How would you react to news your friends are being targeted? I know it would piss me off, no matter how justified someone who doesn't understand how hard they work and how there are so many more good people with illegal status than there are bad.

It is easy to forget that if we feel strongly about an issue, there is a equally strong feeling about it on the other side. And since economically speaking this has the making to be a disaster, criminally it may be good (minus initial blow back), for the mostly white population (86% of ppl in AZ are white (just checked))that are in favor of this it may seem so important, but to mexicans it is equally if not more important because they are the ones being targeted with this.

But to the people that will have their lives destroyed and families that are torn apart it will be horrible.

Luckily even the cops think it is garbage, so in the end it will all work out.

And that is the beauty of America. We have groups that piss and moan no matter what, but usually when it comes down to human rights eventually the system submits and gets rid of the stupid laws and we stop persecuting specific groups of people.

 

[MacReady]

Tea Partiers are wealthier and better educated than the general public:
http://blogs.marketwatch.com/election/2010/04/15/tea-party-supporters-wealthier-better-educated-poll/

The reason so many Tea Partiers don't want to get rid of SS & Medicare? Because they were forced to pay into their entire working lives and they just want to get something back for all the money they put into it. It's not as if they had a choice to invest that money in something else.

there is Freedomworks and Dick Armey. Freedomworks organized the whole but tour thing. That is where the Tea Party started, in an office of a lobbying firm.

Wrong.
It's a movement that has its origins in the grassroots campaign for a Ron Paul presidency.

See here:
http://www.associatedcontent.com/article/488021/tea_party_2007_ron_paul_sets_a_new.html?cat=9

and here:
http://www.politico.com/news/stories/0410/35988.html

If taxes, responsible government spending and personal liberties are so important why weren't they out protesting 2,3,4,5,6,7,8 years ago?

Many of them were. You and the media weren't paying attention.
For some the impetus was the election of a president who promises to be even worse than Bush. Bush was no conservative, and conservatives know that. Having a president that is little more than a continuation of the Bush policies has been the final straw. Also, it's not easy to protest leader of your own party. Witness all the liberals giving Obama a pass for all of the unliberal things he's doing, for all the liberal promises he made that he's not keeping.

Last week Newt Gingrich said the Tea arty "more likely to end up as the militant wing of the Republican Party"

Newt is either dreaming, or trying to discredit the conservatives he sees as a threat to the neocon domination of the GOP.

Bernake's pay for 2010: $199,700.

His current net worth is estimated around $5M.
How much do you think he'll be earning once he's no longer Chairman and his banking buddies repay all the favors he did for them? Greenspan's net worth is at least $4M. Is that among the wealthiest? No, the fed Chairman isn't really the one pulling the strings, either. He'll be well cared for for his role.

(They don't even have a printing press!)

It doesn't have to be printed for it to exist in the system. Also, credit counts as money.

I mean imagine if the Fed was not here during this last time, and we allowed the banks to collapse like a lot of people on the right were begging for.

HAAAAAAAA!
If the Fed were not here, there wouldn't have been a bubble in the first place! The housing bubble was a result of the bailout from the dotcom bubble. The dotcom bubble was the result of the bailouts of Japan and Mexico. The bailout of the housing bubble appears to be creating a commodities bubble now.
And if the banks had been allowed to fail, their assets would have been bought up by more stable banks, the garbage would have been cleaned out, and we'd be recovered by now.
The Fed has been causing the very problems it was supposedly created to prevent. Of course, it wasn't really created to stop those things (which were also the result of central banking practices), but to confiscate wealth through inflation and taxation.

Bank panics, leading to more and more banks to collapse, that would have completely destroyed the stored wealth

This is the result of fractional reserve banking, which has been a govt-supported practice in this country long before the existence of the Fed. The panics were not the result of a free market banking system.

 

[NoDrama]

lol ok, i read that, and it is false, and untrue.

False.

1. The Fed are banks, what they are not is a commercial bank, we cannot place a deposit into the Fed, only banks can.

2. Somehow they are overpaid? The Fed employees can make much more money in the private sector.

3. What she is saying they do (by lending the government a bunch of money) is wrong and illegal, the Fed cannot issue or purchase new securities from the government. What they can do however is buy and sell existing securities from banks or firms that have already purchased them.

Very different. See the Treasury sells the newly issues treasuries to the people or firms (people have to choose to purchase them), not the Fed (Because it is illegal for the Fed to buy or sell directly from the Treasury).


Oh this is funny too:
I like the short sightedness (and intended stupidity of the people she is trying to sell this idea to) to not realize how much benefit we have had from this 'sweat of the little guy'.

I think it was a university in California that was the first to operate a internet connection. And I think it would be very hard pressed to show how americans have not greatly benefitted from this government spending.


Anyway maybe I do need to read more (I read a lot) but it is not all about quantity, you should concern yourself more with the quality of the information you read.


You have failed to provide any logic behind this idea you have trapped into your head CJ. This is utterly false, and provably false, but you fail to realize it.

Even someone's economic system you have said before is a great mind (Milton Friedman) "Monaterist Economics" is virtually identical to the Keynsian system (that for some reason you deem "Left economics" in all aspects except Keynesian system does not have an assumption that the economy is always at full employment.

OMG Han, you just never get it do you? You can never make the leap and realize what your method entails if it REALLY worked that way that you think it does. The FED is a CENTRAL BANK !!!!!! You don't even have the basic understanding of what a central bank does do you? THEY CREATE MONEY OUT OF THIN AIR!!!!

Here PROOF!!! Bernanke Admits they recently created out of thin air 1.3 trillion dollars!!!

[youtube]4Ayd7CA6KOE[/youtube]


You can't get anymore palpable than that, now run back to your college and ask your professors again!

You can read more about it here and other places...http://usawatchdog.com/bernanke-admits-printing-1-3-trillion-out-of-thin-air/



Germany's central bank - the Deutsche Bundesbank (German for German Federal Bank) - has admitted in writing that banks create credit out of thin air.


As the Bundesbank states in a publication entitled "Money and Monetary Policy" (pages 88-93; translation provided by Google translate, but German speaker and economic writer Festan von Geldern confirmed the basic translation):


4.4 Creation of the banks money

Money is created by "money creation". Both [central banks] and private commercial banks can create money. In the euro monetary system [money creation] arises mainly through the granting of loans, as well as the fact that central banks or commercial banks to buy assets such as gold, foreign currencies, real estate or securities. If the central bank granted a loan from a commercial bank and crediting the amount in the account of the bank at the central bank, created “central bank money.”


Wake up Han, you've been in a dream your entire life and if you take the red pill you get to see how far the rabbit hole really goes, but I suspect your on a daily regimen of blue pills.

 

[kendothegreenwizard]

The very premise of this thread is flawed. THe fact that 47% of Americans don't pay taxes does not REPRESENT that 47% of teaparty members don't pay taxes. Wage earners that fall below a certain level are not paying taxes but that is not a true represntation of the tea party. The tea party membership has been statistically measured as Upper Middle class and so therefore does not fall into the category that does not pay taxes. Now I am sure that a portion do fall into that category but would highly venture a guess that it is MUCH lower than the national average. PLease try to have a little factual basis behind your claims. TYVM for trying though.

 

[dukeofbaja]

The very premise of this thread is flawed. THe fact that 47% of Americans don't pay taxes does not REPRESENT that 47% of teaparty members don't pay taxes. Wage earners that fall below a certain level are not paying taxes but that is not a true represntation of the tea party. The tea party membership has been statistically measured as Upper Middle class and so therefore does not fall into the category that does not pay taxes. Now I am sure that a portion do fall into that category but would highly venture a guess that it is MUCH lower than the national average. PLease try to have a little factual basis behind your claims. TYVM for trying though.

Agreed. They wouldn't be as 'big' a movement as they are if not for the fact that they had money to mobilize folks and organize events.....'grassroots' money that supposedly comes from folks who are so broke that they have to complain about being 'taxed enough already'...hypocrisy ensues

edit - mor elike astroturf money, thanks Maddow

 

[kendothegreenwizard]

Agreed. They wouldn't be as 'big' a movement as they are if not for the fact that they had money to mobilize folks and organize events.....'grassroots' money that supposedly comes from folks who are so broke that they have to complain about being 'taxed enough already'...hypocrisy ensues

edit - mor elike astroturf money, thanks Maddow

The fallacy spread about the teaparty is that they only protest against the amount of taxes they pay, which BtW is an uneven portion of the monies collected by the federal gov't. If there are truly 47% who do not pay taxes and the upper echelon RICH pay very little in taxes in comparison to the amoint of money they earn then it is reasonable to venture that the Teaparty protesters are spot on in complaining that they are unfairly burdened with paying a disproportionate share of the tax burden.
The tea party also protests the way that taxes are being spent. One of the most viral protests are about healthcare reform. I do not support the healthcare package passed by congress and fully ubderstand the position of many in the tea party. I do not support all the position however. I believe that there should be a public option instead of the Insurance sided option they have passed. I agree with not being able to drop persons for preexisting conditions.
I do not agree with mandated coverage. THis latter one is something that really puzzles me. THe far left has had nothing to say about the proposed jailing of those who do not purchase healthcare insurance???? If the right were to have passed such a law the left would be labeling persons as Nazi's or facists in a heartbeat and yet are not concerned when the party of there choice passes such a draconian measure.
Rachel Maddow is one of the few that I can stomach any more The rest have become nothing more than condescending, Sophomoric pandering figureheads.

 

[dukeofbaja]

You must not live in Massachusettes. It is only a draconian measure when the black democrat does it...but it is called personal responsibility when a white republican does it.

Individual mandate only really applies to those who can afford it....anyone under 400% of poverty (I think) is given help in buying health insurance. Anyone really in a shit for luck situation gets a hardship exemption. If you are making enough to afford health insurance, why would you not buy it? Look around the world at any wealthy nation paying way less than what we do....it only works when everyone has insurance. And proposed jailing? Please....I call BS. They want your money before they want to lock you up.

edit - can't watch Maddow for longer than a few minutes either....too much laughing at her own unfunny shit

 

[kendothegreenwizard]

You must not live in Massachusettes. It is only a draconian measure when the black democrat does it...but it is called personal responsibility when a white republican does it.

Individual mandate only really applies to those who can afford it....anyone under 400% of poverty (I think) is given help in buying health insurance. Anyone really in a shit for luck situation gets a hardship exemption. If you are making enough to afford health insurance, why would you not buy it? Look around the world at any wealthy nation paying way less than what we do....it only works when everyone has insurance. And proposed jailing? Please....I call BS. They want your money before they want to lock you up.

edit - can't watch Maddow for longer than a few minutes either....too much laughing at her own unfunny shit

You call BS on Jailing? Really. You should watch the cuts of how Obama, Pelosi, Reid etc skirt the issue like a caddis fly. Yes Jail for scofflaws is absolutely a part of the legislation. It does not surprise me to see you brush aside the proposed jaill for persons who do not purchase health insurance. That is par for the course as I have seen played from persons of left leaning mindset. I have been known to lean left myself but tend to find a comfortable balance.