[DeTomaso] A Very Scary Obituary
Ken Green
kenn_green at yahoo.com
Mon Mar 2 17:14:59 EST 2015
I often receive well intentioned emails which include inaccurate information innocently forwarded. I assume that is the case here, and given that the underlying issues are valid, it is easy to forward such emails, especially when you love your country. A response including crude language was not necessary or appropriate.
Ken
From: doug sedon via DeTomaso <detomaso at poca.com>
To: "boyd411 at gmail.com" <boyd411 at gmail.com>
Cc: "davidmclain39 at gmail.com" <davidmclain39 at gmail.com>; "detomaso at poca.com" <detomaso at poca.com>
Sent: Monday, March 2, 2015 12:35 PM
Subject: Re: [DeTomaso] A Very Scary Obituary
hugh, thanks for the ignorant spam. and jeff, thanks for pointing out
it's mostly bullshit, w/the link to snopes. i particularly liked this
statement there:
"In the 2000 U.S. presidential election, George W. Bush won most of the
states that are net beneficiaries of federal spending programs, while
Al Gore won most of the states that are net contributors to federal
spending."
i also like the yahoo article i read recently, discussing the ten
states w/the worst quality of life. (and the fact that the majority are
"red" states.):
[1]http://finance.yahoo.com/news/10-states-worst-quality-life-164909712
.html
i also find it interesting that the vast majority of federal govt
welfare goes to the military and its corporate supporters: 60% of the
federal discretionary budget is spent there. what "welfare" is left to
those truly in need is like pocket change in comparison.
and, while i, personally, am against amnesty for illegal immigrants,
(and i children born in america of parents who are both illegal, should
NOT be considered legal american citizens), i find it interesting that
those who complain the loudest about illegaql immigrants it are in fact
those who are the least willing to try to solve the immigration
problem, turning down every attempt to fix the problem. and they are
happy to see the wages kept artificially low, thanks to illegals who
will work for less money.
i also find it interesting that of the 35 nations that comprise the
oecd, the usa's tax burden is about 33rd, yet people complain about how
much they are over-taxed. and wonder at the same time why our
infrastructure is collapsing. the federal gas tax is 18.4 cents per
gallon, and has been that way for more than 20 years. in europe, the
taxes for gasoline are higher than the entire cost per gallon of gas in
america. total insanity.
some other interesting trivia:
- the cbo has said - recently - that repealing romneycare will cost an
ADDITIONAL $100b. (and romneycare sucks and was a sell-out to the
health insurance companies and big pharma - just think how much money
could have been saved if there were a single-payer public option.)
- america's healthcare costs - before romneycare, w/20% of its
population not even covered - is far higher than any of the 35
developed nations in the oecd, as a percentage of gdp, and almost
double the median oecd cost. yet, health of americans ranks about
20th.
- america's educational costs are amongst the highest of the
industrialized world, yet americans rank about 20th in education.
- but hey - america leads in amount of prisons and amount of those
incarcerated, and amount of private gun ownership. and whoever is in
2nd place isn't even CLOSE.
- but we are only 2nd in obesity; seems we need to eat a few more
cheeseburgers...
- the majority of entitlement programs are funded by payroll taxes, a
separate tax from regular income tax. this includes all s/s and a
large portion of medicare. this also happens to be an extremely
regressive tax, paid for only by the poor and the middle class, as all
income over $110k is not taxed, only income BELOW $110k is taxed. (the
system is "going broke" because the govt is borrowing against it to pay
discretionary spending expenses, and no income over $110k is used to
fund it.)
- the fortune 500 companies pay an average of just under 20% in income
tax.
- 1/4 of the fortune 500 companies pay an average of 10% in income tax.
- 1/10th of the fortune 500 companies pay ZERO in income tax.
- i earn ~$120k and pay almost 40% of my income to taxes; while the
likes of mitt earn MILLIONS and pay about 15% of their income to taxes.
- america's tax rate as a percentage of gdp is lower now than it has
been any time since 1950.
- america's economy has always done better when tax rates are higher.
- it is the repubs that are the most profligate spenders, not the dems,
in spite of their rhetoric: the former dem presidents (clinton, carter,
lbj, jfk, truman) ALL REDUCED public debt as a share of gdp, while the
last four repub presidents (gwb, ghwb, reagan, ford) ALL oversaw an
INCREASE in the country's indebtedness.
- while the deficit has increased ~$1t/year under barack, the
overwhelming majority is a direct result of gwb policies - $1t unfunded
prescription drug plan/big pharma give-away, two unfunded wars, ruinous
tax cuts, and the revenue loss from the resultant economic collapse.
and ALL non-partisan economists say the ONLY prudent course during a
private sector economic collapse is govt stimulus spending; which make
up the rest of the deficit under barack. the deficit the last 4 years
would have been huge REGARDLESS of who was president. in fact, most
non-partisan economists say what was wrong w/the stimulus spending was
it was too SMALL, given the true magnitude of the economic collapse.
but the party of "NO", said, well you know...
between 1970 - 2007:
Top 0.1% - ave income $5.6m - income increase since 1970 - +385%
Top 0.1-0.5% - ave income $878k - income increase since 1970 - +141%
Top 0.5-1% - ave income $443k - income increase since 1970 - +90%
Top 1-5% - ave income $211.5k - income increase since 1970 - +59%
Top 5-10% - ave income $127k - income increase since 1970 - +38%
Bottom 90% - ave income $31k - income DECREASE since 1970 - MINUS 0.9%
and, since the crash of 2007, things have only gotten even worse. in
fact, things haven't been this bad, or income distributed so
disproportionately, since, uh, just before the great depression in
1929... hmmm....
so yes, i agree, the end of america as empire is near. but not for the
same reasons that were presented in your "article", hugh. ;~)
"have a good time"; paul simon, 1975:
Yesterday it was my birthday
I hung one more year on the line
I should be depressed, my life's a mess
But I'm having a good time
Oh, I've been loving and loving and loving
I'm exhausted from loving so well
I should go to bed but a voice in my head
Says, "Ah, what the Hell"
Have a good time
Paranoia strikes deep in the heartland
But I think it's all overdone
Exaggerating this and exaggerating that
They don't have no fun
I don't believe what I read in the papers
They're just out to capture my dime
I ain't worrying and I ain't scurrying
I'm having a good time
Have a good time
Maybe I'm laughing my way to disaster
Maybe my race has been run
Maybe I'm blind to the fate of mankind
But what can be done?
So God bless the goods we was given
And God bless the U. S. of A.
And God bless our standard of livin'
Let's keep it that way and we'll all have a good time
Have a good time
Have a good time
Have a good time
doug s.,
#2602
References
1. http://finance.yahoo.com/news/10-states-worst-quality-life-164909712.html?soc_src=mail&soc_trk=ma
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-------------- next part --------------
I often receive well intentioned emails which include inaccurate
information innocently forwarded. I assume that is the case here, and
given that the underlying issues are valid, it is easy to forward such
emails, especially when you love your country. A response including
crude language was not necessary or appropriate.
Ken
__________________________________________________________________
From: doug sedon via DeTomaso <detomaso at poca.com>
To: "boyd411 at gmail.com" <boyd411 at gmail.com>
Cc: "davidmclain39 at gmail.com" <davidmclain39 at gmail.com>;
"detomaso at poca.com" <detomaso at poca.com>
Sent: Monday, March 2, 2015 12:35 PM
Subject: Re: [DeTomaso] A Very Scary Obituary
hugh, thanks for the ignorant spam. and jeff, thanks for pointing
out
it's mostly bullshit, w/the link to snopes. i particularly liked
this
statement there:
"In the 2000 U.S. presidential election, George W. Bush won most of
the
states that are net beneficiaries of federal spending programs, while
Al Gore won most of the states that are net contributors to federal
spending."
i also like the yahoo article i read recently, discussing the ten
states w/the worst quality of life. (and the fact that the majority
are
"red" states.):
[1][1]http://finance.yahoo.com/news/10-states-worst-quality-life-164909
712
.html
i also find it interesting that the vast majority of federal govt
welfare goes to the military and its corporate supporters: 60% of
the
federal discretionary budget is spent there. what "welfare" is left
to
those truly in need is like pocket change in comparison.
and, while i, personally, am against amnesty for illegal immigrants,
(and i children born in america of parents who are both illegal,
should
NOT be considered legal american citizens), i find it interesting
that
those who complain the loudest about illegaql immigrants it are in
fact
those who are the least willing to try to solve the immigration
problem, turning down every attempt to fix the problem. and they are
happy to see the wages kept artificially low, thanks to illegals who
will work for less money.
i also find it interesting that of the 35 nations that comprise the
oecd, the usa's tax burden is about 33rd, yet people complain about
how
much they are over-taxed. and wonder at the same time why our
infrastructure is collapsing. the federal gas tax is 18.4 cents per
gallon, and has been that way for more than 20 years. in europe, the
taxes for gasoline are higher than the entire cost per gallon of gas
in
america. total insanity.
some other interesting trivia:
- the cbo has said - recently - that repealing romneycare will cost
an
ADDITIONAL $100b. (and romneycare sucks and was a sell-out to the
health insurance companies and big pharma - just think how much money
could have been saved if there were a single-payer public option.)
- america's healthcare costs - before romneycare, w/20% of its
population not even covered - is far higher than any of the 35
developed nations in the oecd, as a percentage of gdp, and almost
double the median oecd cost. yet, health of americans ranks about
20th.
- america's educational costs are amongst the highest of the
industrialized world, yet americans rank about 20th in education.
- but hey - america leads in amount of prisons and amount of those
incarcerated, and amount of private gun ownership. and whoever is in
2nd place isn't even CLOSE.
- but we are only 2nd in obesity; seems we need to eat a few more
cheeseburgers...
- the majority of entitlement programs are funded by payroll taxes, a
separate tax from regular income tax. this includes all s/s and a
large portion of medicare. this also happens to be an extremely
regressive tax, paid for only by the poor and the middle class, as
all
income over $110k is not taxed, only income BELOW $110k is taxed.
(the
system is "going broke" because the govt is borrowing against it to
pay
discretionary spending expenses, and no income over $110k is used to
fund it.)
- the fortune 500 companies pay an average of just under 20% in
income
tax.
- 1/4 of the fortune 500 companies pay an average of 10% in income
tax.
- 1/10th of the fortune 500 companies pay ZERO in income tax.
- i earn ~$120k and pay almost 40% of my income to taxes; while the
likes of mitt earn MILLIONS and pay about 15% of their income to
taxes.
- america's tax rate as a percentage of gdp is lower now than it has
been any time since 1950.
- america's economy has always done better when tax rates are higher.
- it is the repubs that are the most profligate spenders, not the
dems,
in spite of their rhetoric: the former dem presidents (clinton,
carter,
lbj, jfk, truman) ALL REDUCED public debt as a share of gdp, while
the
last four repub presidents (gwb, ghwb, reagan, ford) ALL oversaw an
INCREASE in the country's indebtedness.
- while the deficit has increased ~$1t/year under barack, the
overwhelming majority is a direct result of gwb policies - $1t
unfunded
prescription drug plan/big pharma give-away, two unfunded wars,
ruinous
tax cuts, and the revenue loss from the resultant economic collapse.
and ALL non-partisan economists say the ONLY prudent course during a
private sector economic collapse is govt stimulus spending; which
make
up the rest of the deficit under barack. the deficit the last 4
years
would have been huge REGARDLESS of who was president. in fact, most
non-partisan economists say what was wrong w/the stimulus spending
was
it was too SMALL, given the true magnitude of the economic collapse.
but the party of "NO", said, well you know...
between 1970 - 2007:
Top 0.1% - ave income $5.6m - income increase since 1970 - +385%
Top 0.1-0.5% - ave income $878k - income increase since 1970 - +141%
Top 0.5-1% - ave income $443k - income increase since 1970 - +90%
Top 1-5% - ave income $211.5k - income increase since 1970 - +59%
Top 5-10% - ave income $127k - income increase since 1970 - +38%
Bottom 90% - ave income $31k - income DECREASE since 1970 - MINUS
0.9%
and, since the crash of 2007, things have only gotten even worse. in
fact, things haven't been this bad, or income distributed so
disproportionately, since, uh, just before the great depression in
1929... hmmm....
so yes, i agree, the end of america as empire is near. but not for
the
same reasons that were presented in your "article", hugh. ;~)
"have a good time"; paul simon, 1975:
Yesterday it was my birthday
I hung one more year on the line
I should be depressed, my life's a mess
But I'm having a good time
Oh, I've been loving and loving and loving
I'm exhausted from loving so well
I should go to bed but a voice in my head
Says, "Ah, what the Hell"
Have a good time
Paranoia strikes deep in the heartland
But I think it's all overdone
Exaggerating this and exaggerating that
They don't have no fun
I don't believe what I read in the papers
They're just out to capture my dime
I ain't worrying and I ain't scurrying
I'm having a good time
Have a good time
Maybe I'm laughing my way to disaster
Maybe my race has been run
Maybe I'm blind to the fate of mankind
But what can be done?
So God bless the goods we was given
And God bless the U. S. of A.
And God bless our standard of livin'
Let's keep it that way and we'll all have a good time
Have a good time
Have a good time
Have a good time
doug s.,
#2602
References
1.
[2]http://finance.yahoo.com/news/10-states-worst-quality-life-164909712
.html?soc_src=mail&soc_trk=ma
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References
1. http://finance.yahoo.com/news/10-states-worst-quality-life-164909712?soc_src=mail&soc_trk=ma
2. http://finance.yahoo.com/news/10-states-worst-quality-life-164909712.html?soc_src=mail&soc_trk=ma&soc_src=mail&soc_trk=ma
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