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[Pai Pai Master]

Thank goodness Santorum is no longer surging all over the place.

Gross.

 

[JCreasy]

Suspected classless republican.



http://thinkprogress.org/justice/20...ling-for-obamas-wife-to-be-a-widow/?mobile=nc

Wow! At the height of my dislike for President Bush, I NEVER prayed that something would happen to him. I never hoped that God would make his wife a widow.

WHAT THE HELL!!

Also this . . .

Fox guest calls President Obama a skinny ghetto crackhead.

http://www.theatlantic.com/politics/archive/2012/01/on-looking-like-a-ghetto-crackhead/251727/

I know that good Republicans exists and it's a shame that their party has been hijacked by human shitstains like these people

 

[Zzoram]

I don't get that train of thought, TA.

If you invest part of your savings -- throwing out random numbers here -- say $5,000 and have that grow to $7,500, then get taxed x amount (15%), you are left with $7,125 (taxed on the earned investment of $2,500), no? Isn't $7,125 still more than $5,000 you started out with?

Unless you're a petty immature child in an adult's body that wouldn't invest out of principle, why would you see taxation as a disincentive in this scenario?

Or is my thinking too rudimentary and do investments not work that way? Please correct me if I am wrong.

You're right in your math.

That's why the whole "capital gains tax will stop investments" is pathetic, people won't stop investing money because they can't make as much as before. They're still making more money than if they don't invest.

 

[ToxicAdam]

I don't get that train of thought, TA.

If you invest part of your savings -- throwing out random numbers here -- say $5,000 and have that grow to $7,500, then get taxed x amount (15%), you are left with $7,125 (taxed on the earned investment of $2,500), no? Isn't $7,125 still more than $5,000 you started out with?

Unless you're a petty immature child in an adult's body that wouldn't invest out of principle, why would you see taxation as a disincentive in this scenario?

Or is my thinking too rudimentary and do investments not work that way? Please correct me if I am wrong.

I don't, but others clearly do.


I know this is the danger of conversations that stretch multiple pages, but one of my opening remarks today was how I will not vote for Romney due to his stance on Capital Gains Taxes.

http://www.neogaf.com/forum/showpost.php?p=34424660&postcount=4189

 

[Zzoram]

I don't, but others clearly do.


I know this is the danger of conversations that stretch multiple pages, but one of my opening remarks today was how I will not vote for Romney due to his stance on Capital Gains Taxes.

Do you honestly think if the capital gains tax goes from 15% to let's say, 25%, that Romney will move his $250,000,000.00 out of his investments earning 10% into a 1% bank savings account to avoid paying tax out of principle? No. He still makes more money from investments than not investing his money. Hence, raising the capital gains tax does not discourage investment.

 

[Volimar]

Wow! At the height of my dislike for President Bush, I NEVER prayed that something would happen to him. I never hoped that God would make his wife a widow.

WHAT THE HELL!!

Also this . . .

Fox guest calls President Obama a skinny ghetto crackhead.

http://www.theatlantic.com/politics/archive/2012/01/on-looking-like-a-ghetto-crackhead/251727/

I know that good Republicans exists and it's a shame that their party has been hijacked by human shitstains like these people

Was one pundit remarking on the stupid statements of another up until he said "Which, by the way, you might want to say that Barack Obama does."

It's stupid, but I've heard people on the left say just as bad things about people on the right. What bothers me the most is that when wind of this gets stirred up (though it doesn't seem to have done so here as this happened in December), people use it to distract from the real issues of the day.

 

[ToxicAdam]

Do you honestly think if the capital gains tax goes from 15% to let's say, 25%, that Romney will move his $250,000,000.00 out of his investments earning 10% into a 1% bank savings account to avoid paying tax out of principle? No. He still makes more money from investments than not investing his money. Hence, raising the capital gains tax does not discourage investment.

No offense, but are you fucking dense? I have just stated and restated that I DO NOT THINK CAPITAL GAINS TAXES ARE A DISINCITIVE TO INVESTORS.

There it's in all caps now so people will avoid the confusion.


I have repeatedly railed how the diminishing of capital gains taxes has exacerbated wealth inequality in this country and have repeatedly said that we need to turn back the tax code to 1996. I have literally made a dozen of those types of posts in various threads.

 

[darkpower]

http://www.huffingtonpost.com/2012/01/19/john-king-newt-gingrich-attack-question_n_1217893.html

John King On Newt Gingrich's Attack: Question Choice Was 'My Decision, And Mine Alone' (VIDEO)

The Huffington Post Jack Mirkinson First Posted: 1/19/12 09:58 PM ET Updated: 1/19/12 11:51 PM ET

Newt Gingrich's fiery response to CNN moderator John King's question about his ex-wife was the electrifying highlight of Thursday's Republican debate. After the session was over, King defended his decision to ask the question that had everybody talking.

Gingrich flatly condemned King, along with CNN, for asking a question about Marianne Gingrich, who told ABC News earlier on Thursday that her ex-husband had asked her for an open marriage while he was having an affair with his eventual third wife. Gingrich said he was "appalled" by King's decision to lead off the debate with a question about his former wife's allegations, calling it "close to despicable."

Speaking on a CNN panel, King said he had a friendly conversation with Gingrich after the debate was over. He called it a "damned if do you, damned if you don't" situation.

"Is it an issue I'm happy came up?" he said. "Of course not." But he came firmly down on the idea that, since people were talking about Gingrich's past, the issue was worth raising.

"I understood that if I asked the question he was not going to be happy with it, and he was going to turn on me," he said of Gingrich. "...It was my judgment, my decision, and mine alone. If we're going to deal with it, let's deal with it up front."

The other panelists mostly backed King up. David Gergen called Gingrich's infidelity issues "the elephant in the room," and said King had a "duty" to ask the question. Ari Fleischer, George W. Bush's former press secretary, was not so charitable.

"I don't think it was the right sequence," he said, explaining that he thought the question was too geared towards political junkies and not enough towards a broader audience interested in bigger issues.

King parried the disagreement with aplomb. "This is a debatable question," he said. "...I completely understand and respect those who disagree."

 

[reilo]

I don't, but others clearly do.


I know this is the danger of conversations that stretch multiple pages, but one of my opening remarks today was how I will not vote for Romney due to his stance on Capital Gains Taxes.

Oh, I think we are all just trying to understand why those people believe the way they do.

I think I summed it up then:

petty immature child in an adult's body that wouldn't invest out of principle

Is that a good enough answer? Because anything else doesn't make sense.

The only disincentive to investing part of your savings is the fact that you might lose money because what you invested in went belly up. It's a calculated risk.

As far as someone refusing to invest because they'll get taxed on the earnings? Idiotic.

 

[thatbox]

Jared Bernstein has two recent posts on capitals gains that would be relevant to the conversation on this page:
Post 1
Follow-up

Plotting the top cap gains rate against real business investment doesn’t show much (biz investment is in natural logs to show proportional growth over this long time series). The cap gains rate bounces around based more on politics than policy, while investment pretty much grows with the cycle. Hard to see anything in the picture supporting the view that either the level or changes in cap gains taxes play a determinant role in investment decisions.

Now, in this case I’m the first to say that this tax difference affects behavior, but it’s not real economic behavior—the stuff that generates investment, jobs and good stuff like that. It’s tax lawyer fun-and-games designed to label everything a cap gain so you can take advantage of the rate differential. Here’s some evidence for this claim.

First, if you plot real business investment against the gap between the cap gains and the ordinary rate, you certainly don’t see much of a correlation between the tax gap and real investment. In fact, the correlation between the tax gap and investment growth is .04 and that between the change in the tax gap and investment growth is 0.12, neither of which are statistically significant.​

So, basically, you can actually agree with TA about something:

No offense, but are you fucking dense? I have just stated and restated that I DO NOT THINK CAPITAL GAINS TAXES ARE A DISINCITIVE TO INVESTORS.

There it's in all caps now so people will avoid the confusion.

 

[RoninChaos]

I don't, but others clearly do.
[/url]

Then we're in agreement that those people are stupid?

So back to that savings definition...

 

[RDreamer]

Shouldn't decisions on what to invest in and whether to invest in general be dictated by whether someone thinks the investment is something good, rather than whether the tax code might guarantee them money? If something is a good idea or a good company it will and should get investments. If it isn't, then it won't. Whether taxes are high or not shouldn't really have much to do with it.

 

[mckmas8808]

Do you honestly think if the capital gains tax goes from 15% to let's say, 25%, that Romney will move his $250,000,000.00 out of his investments earning 10% into a 1% bank savings account to avoid paying tax out of principle? No. He still makes more money from investments than not investing his money. Hence, raising the capital gains tax does not discourage investment.

It seems like he personally doesn't believe that, but is trying to explain that others do believe that.

 

[Brannon]

And for the next few days, my conspiracy theorist side is going to wonder if the media deliberately aired out Newt's laundry the day before the primary election in South Carolina to get this exact reaction from the primary voters and get a chance to kill Mitt's momentum by having them vote for Newt in defiance of some sort. Then Newt gets the nomination and now there's an opponent that many independents would rather rip their skin off than vote for, even if they're disappointed in Obama.

I only base this on Cain's surge of popularity the first few days his indiscretions were exposed, of course.

Yeeeeessss... greatest plan evar.

 

[Zzoram]

It seems like he personally doesn't believe that, but is trying to explain that others do believe that.

Well then he personally is cool, and the others who believe that are stupid.

 

[darkpower]

And for the next few days, my conspiracy theorist side is going to wonder if the media deliberately aired out Newt's laundry the day before the primary election in South Carolina to get this exact reaction from the primary voters and get a chance to kill Mitt's momentum by having them vote for Newt in defiance of some sort. Then Newt gets the nomination and now there's an opponent that many independents would rather rip their skin off than vote for, even if they're disappointed in Obama.

I only base this on Cain's surge of popularity the first few days his indiscretions were exposed, of course.

Yeeeeessss... greatest plan evar.

Remember that Newt was the man who made sure Clinton's intern woes in 1998 were shoved down all our throats, and that he's a strong social conservative.

So you have someone who asked his wife to be able to fuck other people telling the public that gay marriage is wrong, that Planned Parenthood is the devil, and that Clinton shouldn't have had Monica go down on him.

 

[ToxicAdam]

Then we're in agreement that those people are stupid?

I don't think those people are stupid, I think it was a compelling argument in the 70's when they were too high. But, now the pendulum has swung completely the other way and people are just repeating the same song (rhetoric).

In fact, you could say that is the problem with the modern day Republican party. It's stuck in the 80's and is incapable of recognizing (and adjusting their stances) to what has transpired since. From foreign policy, to social policy to taxes. Which is why a common refrain among many moderates is that the 'party left them'. But in actuality, the party just never moved on.

 

[The Librarian]

Obama essentially requires universal contraception coverage.
http://www.washingtonmonthly.com/political-animal/2012_01/obamas_correct_call_on_contrac034891.php

And Greg Sarget got a hold of Ron Wyden here.
Key exchange:

“I talked to Senator Schumer last night, and I believe it’s going to be a new day in the Senate,” Wyden said. “What we’ve seen over the last few weeks from the grassroots is a time for the history books.” The win is a triumph over very powerful special interests, such as the U.S. Chamber of Commerce, major content providers, and big unions, who had supported the bills.

 

[mckmas8808]

Obama essentially requires universal contraception coverage.
http://www.washingtonmonthly.com/political-animal/2012_01/obamas_correct_call_on_contrac034891.php
:

Glad to read this. It should be universal.

 

[ToxicAdam]

Anything that puts us a step closer to my dream of 'vasectomy mobiles' is a positive thing.

 

[darkpower]

So...how many here actually think that ANY of these goofballs running for President is actually going to BEAT Obama?

All he has to do is run against Congress and he'll fuck up any of the Republicans! After all, it was them that prevented him from getting anything done about jobs and health care (the latter the way HE wanted it). That's really all he has to do. How in the hell can any of these candidates seriously think that they can pull themselves to the center when they are throwing constant red meat to those that blindly believe their every word?

 

[Baraka in the White House]

So...how many here actually think that ANY of these goofballs running for President is actually going to BEAT Obama?

All he has to do is run against Congress and he'll fuck up any of the Republicans! After all, it was them that prevented him from getting anything done about jobs and health care (the latter the way HE wanted it). That's really all he has to do. How in the hell can any of these candidates seriously think that they can pull themselves to the center when they are throwing constant red meat to those that blindly believe their every word?

I'm not nearly as worried now as I was before the primary got rolling. As long as the circus keeps going and the economic indicators don't crater then I don't feel too ballsy in predicting an Obama victory.

Republicans may very well have finally overplayed their hand.

 

[Invisible_Insane]

I'm not nearly as worried now as I was before the primary got rolling. As long as the circus keeps going and the economic indicators don't crater then I don't feel too ballsy in predicting an Obama victory.

Republicans may very well have finally overplayed their hand.

Don't put it past the Democrats to fold rockets, though.

 

[Baraka in the White House]

Don't put it past the Democrats to fold rockets, though.

I won't speak for Congress but at this point in time I think Obama is fairly safe. Romney's doing a piss poor job managing his image so far and Gingrich couldn't salvage his if his life depended on it.

 

[markatisu]

Don't put it past the Democrats to fold rockets, though.

Obama does not equal Congress, he will hang them out to dry if he has to. In fact he should because they are just as much of his problem as the Party of No

 

[Byakuya769]

I won't speak for Congress but at this point in time I think Obama is fairly safe. Romney's doing a piss poor job managing his image so far and Gingrich couldn't salvage his if his WIFE depended on it.

fixed.

 

[darkpower]

Originally Posted by DOO13ER: View Post

I won't speak for Congress but at this point in time I think Obama is fairly safe. Romney's doing a piss poor job managing his image so far and Gingrich couldn't salvage his if his WIFE depended on it.

fixed.

Kinda NSFW, but...:
http://i188.photobucket.com/albums/z179/darkpowrjd/Newt-and-Friends--93115.jpg

 

[PhoenixDark]

Uh wut

 

[Wolfgunblood Garopa]

It's stupid, but I've heard people on the left say just as bad things about people on the right.

Perpetuating false equivalence is worse than saying bad things about those on the other side of the aisle.

 

[sc0la]

I have just stated and restated that I DO NOT THINK CAPITAL GAINS TAXES ARE A DISINCITIVE TO INVESTORS.

But WHY do you believe that cap gains taxes are a disincentive, TA?!

 

[GhaleonEB]

Gah! I'm reading this in the cafe at work, dude!

 

[Byakuya769]

I apologize for my role in that subsequent post.

 

[Pai Pai Master]

Get that shit out of your post, please.

 

[Cyan]

No offense, but are you fucking dense? I have just stated and restated that I DO NOT THINK CAPITAL GAINS TAXES ARE A DISINCITIVE TO INVESTORS.

Wait, I don't understand. Why do you think capital gains taxes are a disincentive?

Edit:

But WHY do you believe that cap gains taxes are a disincentive, TA?!

Boo!

 

[Door2Dawn]

My eyes

 

[Captain Tuttle]

wtf man

 

[speculawyer]

Obama essentially requires universal contraception coverage.
http://www.washingtonmonthly.com/political-animal/2012_01/obamas_correct_call_on_contrac034891.php

For all the bullshit and compromises of the Obama administration, such victories really show that there is a big difference between an Obama or a Bush/Romney/Gingrich/etc.

 

[darkpower]

wtf man

I put it as a link instead! Good lord!

Thought it was funny myself!

 

[speculawyer]

The evangelical dilemma in South Carolina: adulterer or Mormon?

For South Carolina conservatives, especially evangelical Christians, the 2012 campaign season is the year of magical rethinking. Look at the frontrunners:
If you want a president with a legacy of marital fidelity, you're going to have to work around Newt Gingrich's adultery.
If you believe that Mormons don't really qualify as Christian, you may find yourself struggling with Mitt Romney.

http://news.yahoo.com/blogs/ticket/...outh-carolina-adulterer-mormon-192225610.html

I love that headline. In reality, neither of those should matter at all and that kinda shows how silly their politics are.

 

[Narpas Sword0]

I put it as a link instead! Good lord!

Thought it was funny myself!

Delete it completely. Depicting his wife like that is beyond the pale

 

[Jason's Ultimatum]

Gotta admit, that was effed up with the first question off the bat being about Gingrich's former wives.

 

[darkpower]

Delete it completely. Depicting his wife like that is beyond the pale

That's not his wife...at least I don't think it is!

And it's not like I made the pic, mind you...or that you had to, you know, click the link to begin with!

 

[GhaleonEB]

Gotta admit, that was effed up with the first question off the bat being about Gingrich's former wives.

Indeed. Newt's outrage was hilarious, but effective. Still not as effed up as Stephanopulousagus prodding Obama about his lapel pins (or lack thereof). I hope we never sink that low this cycle.

 

[Narpas Sword0]

That's not his wife...at least I don't think it is!

Google callista Gingrich and delete the link

 

[speculawyer]

Indeed. Newt's outrage was hilarious, but effective. Still not as effed up as Stephanopulousagus prodding Obama about his lapel pins (or lack thereof). I hope we never sink that low this cycle.

Don't worry.

Spoiler

We will go much lower.

 

[speculawyer]

Delete it completely. Depicting his wife like that is beyond the pale

I don't think that picture is appropriate for this thread. But I think her own behavior harms her more than that image.

 

[darkpower]

Google callista Gingrich and delete the link

Why should I have to delete it? You're being way too sensitive about this!

 

[sc0la]

Wait, I don't understand. Why do you think capital gains taxes are a disincentive?

Edit:

Boo!

Great minds...

 

[ClovingWestbrook]

Can someone tell me what the image in question was? I don't care to click the link, especially being at work.

 

[The Librarian]

Indeed. Newt's outrage was hilarious, but effective. Still not as effed up as Stephanopulousagus prodding Obama about his lapel pins (or lack thereof). I hope we never sink that low this cycle.

Newt is just hilarious period, but that moment was awesome even for him. It's why I could no longer deny my inner fandom for the man.

Glad I didn't see that picture...whatever it was.