[DeTomaso] REALLY, TOTALLY NPC - Where are vehicles made

[Christopher Kimball]

Entitlement programs for 2010 totaled about 1.5 trillion.  According to the stats below, that's more in one year than the total combined cost of the conflicts in Iraq and Afghanistan to date...  Add up the total expenditures for entitlement programs over the last ten years and you'll get an idea of the real perspective. 
 I don't know about you, but a strong armed forces is pretty important to me, even if I may not agree with every conflict in which our leaders embroil us.
Chris
PS  I really enjoy these debates (but not as much as I enjoy my Pantera!)

To: chrisvkimball at msn.com; detomaso at realbig.com
Subject: Re: [DeTomaso]  REALLY, TOTALLY NPC - Where are vehicles made
Date: Wed, 11 May 2011 01:41:30 -0400
From: fresnofinches at aol.com

I 
almost hate to weigh in on this, but in fact, since 47% of Americans pay
 no income tax (source: USA Today), the impact of welfare moms, if you 
include people who not only pay no income tax but also receive the 
earned income tax credit--a rebate from those of us who do pay taxes--is
 quite large.








Chris

-----------------------
Okay, I'll accept your 47% if you accept this from the NY Times:



A Government Accountability Office study
 released in 2008 found that 55 percent of United States companies paid 
no federal income taxes during at least one year in a seven-year period 
it studied.        

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Need more realities of how Capitalism run without thought to Country, fellow citizens or employees works out??



Just off the top of my head, with a little help from Google-



Bernie's Ponzi scheme - 50 billion



S&L fraud of the 80's - 160 billion



AIG 182 billion

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EITC cost for 2004 was about 36 billion



AFDC cost for 1996 was about 20 billion



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War on Terror to date - Iraq - 815 billion



War on Terror to date - Afghanistan - 445 billion



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Are you REALLY worried about how much of your tax dollars go to welfare/EITC when compared to the other ways our tax dollars are wasted to support  never-ending wars and never-ending bailouts of those whose lives revolve around their never-ending greed and corruption?



Larry