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Live in America? Get ready to pay the government for the eleventybillionth time.

Discussion in 'General Nonsense' started by hat, May 1, 2009.

  1. KieranD

    KieranD

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    its like do you really need a GIANT 4x4 truck for daily stuff lol seriously mums taking kids to school in SUVS is lulz or a single person using a big car for just normal day to day stuff like going to work

    in the UK im not saying copy us no dont but we have a mix of cars generally hatchbacks and saloons/sedans

    a lot of friggin BMWs in the uk i have no idea why?

    the only credit i will ever use is for a mortgage because to gain that kind of cash needed for a house in a short time is impossible, i find buying money stupid becasue that is all a lona or a credit limit is; when i can just save up for something i need or get a job to pay for it, simply sometimes i realise i cant afford

    i think if you look at the UK government can work sure its not the best heck i think sweeden was one of the most efficient in a chart i saw of efficient govenments

    its not about oh you are taking my cash and i earned it fine then do that have everything private and use vigilante justice and pay for schools(lol see how good that works out people will want to get into the best schools but be priced out or they will simply increase costs due to demand) you already have a private healthcare, no government to oversea the justice system, no government to regulate and moderate business and other things, people could do what the fuck they liked

    you already have the least involved government of the developed world i think

    i actually get it now you hated communism for its largely public way of operations and its heavily involvement in public affairs, everything america hates! (i dont think communism works in practise infact its shitty in practise look at russia but its a nice idea)
     
  2. viczulis

    viczulis New Member

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    @ Kieran a credit card is real nice when you can get something 100.00 dollars cheaper right now on sale. Then waiting to save it up and pay 100.00 more. There real nice but you got to have control thats the problem.
     
  3. KieranD

    KieranD

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    ill give you a little story in the 60s the UK gov noticed that as cars became more affordable and more became manufactured more people got cars, roads in the uk where built for horses and people not cars

    so they thought we will just build motorways to solve our problems instead of what they should have done is building up a good transport system, with better trains and services

    now the motorways are getting jammed up they realised they needed to also build a good transport system


    credit is okay if you pay it back rather fast otherwise it becomes paying for money

    if you see something on sale then think if i got paid from work could i afford it anyway? next month i will have to pay it off so i can buy less next month

    pay up schemes i saw in a catalogue are different to credit because there is either a small charge or no interest so its not like buying money which is stupid its like here you have £10 and ill take £14 off you
     
  4. KieranD

    KieranD

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    i get that if you could normally afford an item and can pay it back thats the key there you are able to afford the repayments
     
  5. viczulis

    viczulis New Member

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    I pay off my cards ever month. I also do this to for free stuff. Wife and daughter read alot and I travel alot. So me and the wife use credit cards for everything which they in turn give us points that add up. We pay off cards every month before interest kicks in. Then when our points add up I get FREE gas cards she gets free books from book store.

    Last year I got 400.00 in gas cards
     
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  6. FordGT90Concept

    FordGT90Concept "I go fast!1!11!1!"

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    1) There needs to be a ratio of 80% small business to 20% corporation (by profits). Right now, over 90% of the profits are going to corporations. This has lead to a phenomena known as "fleecing of America." Corporations usually treat their employees like shit and they will sell out parts of their company to wherever it is cheapest at the first opportunity. They also tend to bully localized markets (e.g. small businesses) driving them out of business via price fixing. In short: Unions exist because of corporations. You get rid of most of the corporations and the reason to unionize also goes away. For example, the first major unions were found at Carnegie steel mills and Ford Motor Company--both of which were industrial empires that had millions of "expendable" workers working on minimum wage for 50+ hours a week.

    2) These corporations don't pay employees well except for the top echelons of staff (CEOs, board members, CFOs, etc.). All the lower staff are worked hard and paid little. This means the local economy of places that have been touched by corporations (e.g. Detroit, every average/small town with a Wal-Mart) had all the capital sucked out of them. They are both turning into ghost towns.

    3) Import purchases are out of control. That is, people are buying lots of products that fund very few jobs in the USA. This is similar to point #2 in that it is almost always a corporation doing the fleecing. What is unique, however, is these are foreign corporations. We need to get strong tariffs back in place to slow businesses/products from coming in to the country encouraging people to buy from inside the USA rather than out. The tariffs should be high enough to almost completely cut off imports from China and significantly reduce the imports from Canada, Mexico, Japan, South Korea, and Taiwan. Yes, it will hurt their economies in the short term but it will strengthen our own.

    4) We need a network of high-speed (300+ MPH) rails that connect all major cities in the USA. They must be able to carry passengers and freight. Integrated into the rail system should be high speed fiber optic lines for public and military use. This will make transit cheap, pollution free, and allow small businesses around the USA do business with customers much farther away than they do now.

    5) Any industry that has an "insurance" co-industry needs to be scrutinized for flaws and/or over greedy links in the system. This includes the car industry, health industry, and home industry. If you are inclined to buy insurance for said product, the product is most likely too valuable for the risk of owning it. Perhaps the best solution here is mandatory training in schools involving risk management. For example, if you have money on hand to buy a $20,000 car, you should buy a $12,000 vehicle and save the $8,000 left over as your own insurance policy in case something goes wrong. Insurance corporations (being corporations) will naturally gouge everyone they can again, bleeding America.

    6) People have got to save. If someone loses a job, they shouldn't have to be crying to Uncle Sam to "save me." Take it upon yourself to "save you." Along the same lines: no company big or small ever gets a bailout. It is wrong to do so on every level. If companies/citizens can't save themselves, they have to hit rock bottom and learn from their mistakes. If they aren't allowed to hit rock bottom, they will continue to repeat those same mistakes causing huge amounts of taxpayer money to be diverted to idiots instead of the greater good.

    7) The education system needs to be reinvented using the advice of those who attend. I have yet to encounter a pupil that "loves school" and isn't heavily medicated. Most kids see school as a form of imprisonment--that must be fixed and who better to ask than the "prisoners?" This education system is failing because the students are left out of the decision making loop.

    8) Banks need to wisen up and limit the amount of total credit offered to a consumer. That is, credit card corporations, when evaluating a potential customer, must assume all the credit cards the customer has are at their credit limit. That way, if someone has 10 credit cards with a total credit limit of $100,000, the credit card corporation will say no until they get that number down to a federally mandated amount (e.g. $20,000). This will force people with good credit down to a single card and those with bad credit won't be able to get more. This has a two-fold benefit: first, it could substantially reduce the average consumer debt and second, banks won't get hit as hard if those credit holders declare bankruptcy. So many stupid people out there, on the brink of declaring bankruptcy, charge everything to credit cards so when they do finally file, the take a good chunk of those banks with them. This inflates the interest price for all those good credit card holders.


    There's more, but I'm hungry. :laugh:
     
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  7. PP Mguire

    PP Mguire New Member

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    Thats the problem. We rely to much on credit. In other words buy now pay later. That is our downfall and always will be as long as credit and stock exist. Because of this we get more than we can afford and wind up in debt. Its the exact same point ive been making since my first post regarding what ive been talking about. You cant deny its the reason we have so many problems in this country.

    As to the other guy and the public. I deal with your typical everyday poor public everyday. I see so much of waht im talking about its not funny. Do you really need those 22's on your POS car? No. Do you really need that pack of Swishers? No. Does your car need to be so loud that i can hear you coming down the offramp for IH20? No. You do all this but yet still cant afford your gas and complain you can barely make it in life. (This regarding my usual customers which is how most of our population is) They have their cards denied so much because they use them on anything they see fit and cant afford to pay their cards off later. THIS is why were in so much trouble. Still, going back to my main point.
     
  8. Steevo

    Steevo

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    War, and toys for the boys.
     
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  9. FordGT90Concept

    FordGT90Concept "I go fast!1!11!1!"

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    Here's the federal budget pie chart (2007):
    http://www.whitcam.com/research/archives/248

    That's only about 1/5th of taxes collected though. Most taxes go to state which varies by state and about 1/3 of state is local taxes (also varies by location).

    As you can see, less than a quarter of the federal money is spent on defense. Just over 40% goes to socialist programs FDR started 60 years ago.


    Democrats look at the defense portion of the budget and say it is too much. Republicans look at the social portion of the budget and say it is too much. Instead of doing something about either, they put money towards pet projects (the last 35% of the pie) which simply puts the federal government deeper in debt ($10 trillion and counting...).

    Hey everyone, we're being "bailed out" by a government that has no money! :eek: :banghead: :cry:
     
    Last edited: May 2, 2009
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  10. viczulis

    viczulis New Member

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    PP you see a very low percent at a auto zone or what ever place you work. I go all over the country and work in live/open stores. (walmarts, JC Pennies, CVS, BP Gas Stations etc) People are shopping a lot smarter then they did a year ago. Credit has nothing to do with it. Yes there are the people that will spend more then they should. We will never get rid of stock market or credit. People just have to get smarter about how they use them.

    Thanks Ford I thought it was something like that but was not sure.
     
  11. Gilletter

    Gilletter

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    aye aye aye... I leave for awhile to tend to the pregnant wife and all hell breaks loose, lol... We'll survive, we always have. But this is why I stressed so much about obama getting elected in the first place... :banghead: :roll:
     
  12. viczulis

    viczulis New Member

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    Him being elected is a slow death for all of us :D
     
  13. hat

    hat Maximum Overclocker

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    get ready for another 7¾ years. you know those fuckers will re-elect him. look up the electorial college, shit's gay.
     
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  14. Wile E

    Wile E Power User

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    As an example, how can a an upstart company, that just developed a product, get going without borrowing money to get the facilities and manufacturing equipment needed to get off the ground? Either they would already have to have a very large sum of money available, or maybe just be a little lucky.

    Sadly, yes, we need borrowing. Without borrowing, only those that are already rich could start new ventures. "The rich get richer and the poor get poorer" would only get worse. It's unrealistic to think we could move to a system that didn't allow borrowing.

    What needs to happen, is people and companies need to stop borrowing beyond their means.
     
  15. Steevo

    Steevo

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    18% is alot "else" and remember that social security/medicade-medicare is only coming out of current taxes as it was borrowed for our parents to have the kind of life they did, and now their burdens are coming upon us.

    In the 80's it was hell to borrow for a house for the same reason it will be soon, no more of this 6% interest on home loans.

    http://www.erate.com/mortgage_rates_history.htm


    People who bought homes were looking at them as a actual investment, not a dump to shit in and move on.
     
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  16. FordGT90Concept

    FordGT90Concept "I go fast!1!11!1!"

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    It says what "else" is in the paragraph below the diagram. It includes veterans, education, and infrastructure funding.


    As to the banks, back in the 80's weren't most banks localized and not international, corporate monstrosities? When a small bank makes a loan to someone, they want to be 90% positive they'll get their money back. If someone comes in asking for a loan and they aren't certain they'll get their money back, they will deny the customer. In that regard, the system was self-regulating. Money was rarely loaned that couldn't be paid back. Today, some loan broker at a regional bank has completely lost grasp of the liabilities of giving a customer a loan. That is, the "sales person" doing the smooth talking has little knowledge of the pencil mashers counting pennies. These sales people just try to get customers without being concerned with the ability of said customer to pay the loan back. This is how so many bad loans were issued and how those corporate giants have tripped and fell on their own product/service.

    Again, they deserve to die for being stupid. The small, but wise institutes ultimately prevail.
     
    Last edited: May 2, 2009
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  17. Steevo

    Steevo

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  18. Deusxmachina

    Deusxmachina New Member

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    Maybe those people spent more to have an SUV but gave up cable or going out to eat or something to make up for it. Regardless, if I earned the money, I can buy what I want with it. Besides, if I don't have an SUV, what am I supposed to tow my gas-guzzling boat with? :)


    It'd be nice, and would cut waste, everything from not needing the IRS to not needing everyone to waste hours trying to comply with the current tax system. When the current Treasury Secretary and other government officials are too dumb to get their own taxes correct, maybe it's time for a change. But, the government can control people better with the current system, so it won't happen.


    [​IMG]
     
  19. viczulis

    viczulis New Member

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    Hey thats my house :laugh:
     
  20. FordGT90Concept

    FordGT90Concept "I go fast!1!11!1!"

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    Last edited: May 6, 2009
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  21. Deusxmachina

    Deusxmachina New Member

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    Never saw that coming. :rolleyes:

    ""The reality now is that the face value [of the $4 billion bridge loan] will be written off in the bankruptcy process," said the official, "

    And now my mind conjures up images of the Seinfeld broken-stereo/post office episode.

    Jerry: So, we're going to make the post office pay for my new stereo now?
    Kramer: It's a write-off for them.
    Jerry: How is it a write-off?
    Kramer: They just write it off.
    Jerry: Write it off what?
    Kramer: Jerry, all these big companies, they write off everything.
    Jerry: You don't even know what a write-off is.
    Kramer: Do you?
    Jerry: No, I don't!
    Kramer: But they do. And they're the ones writing it off.
     

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