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Willie and Wesley and the boys...

On Feb 4, 10:05*pm, wrote:

Um...iis the soap tax-deductible...?

To the extent that it is used in a medicinal content and the total
medicinal expenditures in the Dean household exceed 7% of AGI, yes

Willie and Wesley and the boys...

"Ken Fortenberry" wrote in message
...
Tom Littleton wrote:

... As for any stimulus package, you are going to be able to point to
various projects as pork, but certainly, the final bill looks like it
will attempt to address housing, try to stimulate job growth and also
keep a lot of businesses afloat. Whether it will work, or be enough, or
in time, is a guess at best.
As to addressing the financial community, there is an example of where
Obama might well exercise less universally popular, decisive actions.
Time will tell.

It's a given in our political system that all spending bills
come out of the House. The stimulus package was put together
by House Dems. Now it moves to the Senate where they will
translate it from the crayon to an actual typewritten package.
If Obama is half the leader I believe him to be the final
version will make sense.

--
Ken Fortenberry

I have seen no leadership from the messiah. He is supporting the bill as it
came out of the House. very little stimulation and gobs of cost.

Willie and Wesley and the boys...

"jeff" wrote in message
. ..
Dave LaCourse wrote:
On Thu, 05 Feb 2009 22:29:30 GMT, "Tom Littleton"
wrote:

"rb608" wrote in message
...
I'm a bit surprised that having a lily white past with the
IRS is the new litmus test for public service.
It's not merely the errors, it's the not paying up until you hit the
limelight part. As you both must have noticed, as did I when I made an
error, the IRS is pretty prompt to alert you about the issue. I too,
found them completely cooperative, but then again, I paid up readily,
when asked.
Tom

Seems like Obama's choice for Labor Sec is also having some tax
problems - well, to be more correct, her husband owed money on a tax
lein, but just paid it off when she was selected as a candidate for
the office. Who is doing the vetting of these people?

Good ol' J.F. Kerry also had some tax problems concerning some free
cars he received from a Buick dealer on the North Shore. Seems he
"forgot" to claim the free use of the cars for several years, and also
"forgot" to report the free use of a friend's townhouse in Boston.
That was the year he claimed $300 to charity on his tax return. I know,
I know, it's not just a Dem problem. I say let every state
have 1 Senator and a maximum of 5 Reps. Kick the rest out. It would
save a helluva lot of money and require the remaining *******s to
actually to some work. Also, as it now stands (thanks to Jimmy
Carter, I believe), all you need to do is serve one term and you get
retirement/privileges for the rest of your life. The military, the
rest of government, and most of the private sector require at least 20
years of service before you get retirement.

I don't believe that the framers of our Constitution meant for the
lawyers/farmers/merchants serving in Congress to be professional
politicians. Corruption, cheating, stealing, influence peddling are
bound to happen when someone serves in Congress for most, if not all,
of their adult life. The power that these people yield is
unbelievable, AND worth lots of money. Many of them have been in
positions that would have led to jail for
the rest of us. Vehicular homicide by Ted Kennedy comes to mind, as
well as the recent tax problems, sex scandals, etc. I don't mean this as
a slam, but so far, I am not impressed with
Obama. He seems to be allowing Pelosi and Reed to do their normal
spending without addressing such things as banks/loan institutions,
housing, and unemployment. Instead the socalled Stimulous Package
seems to be nothing more than a lot of pork. Dave

uh...that separation of powers thing...why do you think Obama controls
anyone in Congress? He's doing his job, and he's done it in a commendable
and bipartisan manner. I'm satisfied with his efforts. I have mixed
feelings about the stimulus...of course, i don't recall the hue and cry
when the last administration created this mess with it's ridiculous tax
rebates and its squandering of budget surplus in a phony war.

jeff

Most of the "surplus money" was already going away in the dot.com bubble
bursting and the bad part is Congress (and states, especially California)
put in permanent spending programs with the bubble of income. As to Middle
East War, how much has it really cost? Excess cost to the normal cost of
the military. A hell of a lot less than the Congress has increased spending
in the last 8 year. And the last stimulus bill, that accomplished no
stimulus was also written by a Democrat controlled Congress. We should toss
99.9% of the Congress Critters out the door, and maybe into jail. Without
100% pay lifetime pensions for spending 4 years in office.

Willie and Wesley and the boys...

"Calif Bill" wrote in message
m...
How about government cutting the excess spending?

what, exactly, do you consider 'excess' spending?? Hell,
the vast majority of the budget is for defense spending and established
programs such as Medicare, Social Security
and the like.

Lots of the liquidity problems are the Government(s) excess borrowing.
Takes lots of loan money for private people and business out of
circulation.

um, not really, but I am not going to waste 3 pages explaining it to you.
Look it up.
Finally, do you(and others) understand: the principle behind an 'economic
stimulus' is SPENDING by the government. Now, you can choose to disagree
with the principle or theory behind that, but that is what it is.
As for jeff's concerns, I share them, but realize that we are facing a
situation far more dire than jacking up a federal deficit. Layoff levels of
1/2 million souls per month will lead to a commercial collapse(and thus
commercial real estate/commercial loan collapse) that, if nothing else, will
make folks forget about the housing loan mess pretty quick, as there is far
more dubious paper out there on commercial real estate than there was on
housing, I suspect. If something doesn't stabilize both employment levels
and public confidence, and very quickly, an ugly downturn could easily
become something much worse, IMO.
Tom

Willie and Wesley and the boys...

"Calif Bill" wrote in message
m...
I have seen no leadership from the messiah. He is supporting the bill as
it came out of the House. very little stimulation and gobs of cost.

actually, exactly wrong, Bill. Obama is quietly supporting the version that
is being re-written in the Senate, and urging the House to go along without
re-tinkering with it.
And, based on the economics experts, the balance of the Senate compromise
fit the mold of what is needed. The only questions seemingly remaining a
1) will this approach work, or be timely enough and 2) is it large enough?
Many feel, given the current rate of job loss and business losses, a package
of double this size is needed.
Tom

Willie and Wesley and the boys...

Calif Bill wrote:
"Ken Fortenberry" wrote in message
...
Tom Littleton wrote:
... As for any stimulus package, you are going to be able to point to
various projects as pork, but certainly, the final bill looks like it
will attempt to address housing, try to stimulate job growth and also
keep a lot of businesses afloat. Whether it will work, or be enough, or
in time, is a guess at best.
As to addressing the financial community, there is an example of where
Obama might well exercise less universally popular, decisive actions.
Time will tell.
It's a given in our political system that all spending bills
come out of the House. The stimulus package was put together
by House Dems. Now it moves to the Senate where they will
translate it from the crayon to an actual typewritten package.
If Obama is half the leader I believe him to be the final
version will make sense.

--
Ken Fortenberry

I have seen no leadership from the messiah. He is supporting the bill as it
came out of the House. very little stimulation and gobs of cost.

you are wrong...in fact, his efforts have been to find an acceptable
bill that will work. even republican moderates have extolled his
efforts. the extremists, and those with an agenda, on both sides of the
aisle have been the problem he's tried to deal with. i think there is
an urgency many of us haven't felt yet...but i think the view of almost
every seasoned economist suggests we need quick action and most approve
of the president's goal. herding cats aint easy.

....and compared to what just left the office, i'd say obama is doing
exceptional work in a brilliant manner within the constraints of our
unique system.

jeff

Willie and Wesley and the boys...