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Black Monday on its Way

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  #166  
Old 04-09-2025, 11:26 AM
Aces4 Aces4 is offline
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I believe that TIME will tell a different story.
I don't.
  #167  
Old 04-09-2025, 11:28 AM
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If you know anything about Asian cultures, they will not. Something about loosing face.
If you know anything about that specific country, they're all about the USA losing everything. In a very insidious way they are gaining steadily on their goal.
  #168  
Old 04-09-2025, 11:32 AM
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What would then be preferred to happen to those less fortunate members of society. Let them live in tents in the closest National Forest and eat any roots and wild plants that they can find. Would that be the Christian thing to do????
You do realize there is only a small part of the USA population who cannot perform, work, live useful, drug-free lives and be member of society, right? Those who are truly mentally disabled, handicapped or have severe health issues will always be cared for by USA citizens. We're not a cruel society but by the same token, fraud should not and will not be tolerated.
  #169  
Old 04-09-2025, 11:35 AM
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Hogwash! We buy their tv's and other products at great prices. What is the "ripoff"?
All the money we are subsidizing for those who are unemployed. Ever hear of welfare, food stamps, housing subsidies and those who have no hope or dreams of having their own homes in a safe neighborhood?
  #170  
Old 04-09-2025, 11:39 AM
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Originally Posted by OrangeBlossomBaby View Post
Unemployment compensation is an insurance program, and the premiums are paid by employers. Only some unemployed people qualify for it, and it's only available for 12 weeks unless a state provides more than that. In the case of state-sponsored extensions, those extra payments are usually paid for out of state income tax payroll deductions. Florida doesn't have income tax.

But if all the money paying for unemployed people is that big a deal, maybe more people should've made a louder noise when DOGE started firing tens of thousands of government workers whose families relied on their income - and now have none.
You do realize unemployment compensation is only payed out if one has been employed in the first place and is relatively a short period of payout. Who picks up the cost of living tab when jobs aren't available other than padded, unnecessary government positions where they could work as the assistant to the assistant, of the assistant to the assistant, etc.
  #171  
Old 04-09-2025, 11:41 AM
jimjamuser jimjamuser is offline
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If there was a person who would tell everyone to drive an EV and an electric golf cart but owned neither himself, would that person then suggest that passing money down to your kids and grandkids is evil if he didn't have any kids or grandkids? Wild speculation, of course.
Warren Buffet believes that passing inheritance money down to his kids is WRONG. He is one of the smartest men in the US. Think of it as HIS opinion, NOT mine and it will make a lot more sense.
  #172  
Old 04-09-2025, 11:46 AM
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Warren Buffet believes that passing inheritance money down to his kids is WRONG. He is one of the smartest men in the US. Think of it as HIS opinion, NOT mine and it will make a lot more sense.
Oooooooo, don't forget, Warren has given $3,000,000,000 (that's billion) to EACH of his kids foundations............which they run and received compensation from.

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  #173  
Old 04-09-2025, 11:47 AM
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All the money we are subsidizing for those who are unemployed. Ever hear of welfare, food stamps, housing subsidies and those who have no hope or dreams of having their own homes in a safe neighborhood?
I fail to see what that has to do with tariffs or Chinese exports!
  #174  
Old 04-09-2025, 11:48 AM
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Warren Buffet believes that passing inheritance money down to his kids is WRONG. He is one of the smartest men in the US. Think of it as HIS opinion, NOT mine and it will make a lot more sense.
I volunteer to be the sin eater, I will set up a trust that anyone can make the beneficiary of their estate and pass it all to my heirs.
  #175  
Old 04-09-2025, 11:51 AM
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I fail to see what that has to do with tariffs or Chinese exports!
When we don't have jobs in America for it's citizens because of massive Chinese exports from the jobs there, we need to provide for our citizens here. You can't see the correlation?
  #176  
Old 04-09-2025, 11:53 AM
Stu from NYC Stu from NYC is offline
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Oooooooo, don't forget, Warren has given $3,000,000,000 (that's billion) to EACH of his kids foundations............which they run and received compensation from.

Do you really think he will ever change his mind. Some people believe socialism is the greatest thing in the world and his opinion will never change.
  #177  
Old 04-09-2025, 11:58 AM
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So Daddy and Mommy should take their money and build their kids homes, pay for their cars, vacations, medical bills and so forth and not work on their own estate because the government should confiscate that. Sound idea, NOT.
Ideally, the Federal government should use Estate tax to move money from Rich Families into more useful and socially stabilizing ways. For example - build back the vanishing middle class. Remember when the US was strongest (around the 1950s) BECAUSE of its GIANT middle class. Back then, the US government LED in RESEARCH leading to many important scientific and medical breakthroughs. Why !!!! They EVEN prevented polio and measles back then !!!!!
  #178  
Old 04-09-2025, 12:06 PM
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So you won't be audited every ten minutes. You realize there are not that many billionaires for all those extra employees to audit, they're done with them in a heart beat but then you are next.
Auditing millionaire's tax returns is time consuming and exhausting because they are so adept at hiding money and otherwise CHEATING. The super rich need to be audited to prevent cheating. Everyone wants the US debt to be decreased. Or do they??? The super rich NEVER want to pay their fair share. You have to DRAG that out of them.
  #179  
Old 04-09-2025, 12:16 PM
jimjamuser jimjamuser is offline
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You do realize unemployment compensation is only payed out if one has been employed in the first place and is relatively a short period of payout. Who picks up the cost of living tab when jobs aren't available other than padded, unnecessary government positions where they could work as the assistant to the assistant, of the assistant to the assistant, etc.
The cost of living is going to go UP not down because of fever dreams of Tariffs everywhere on everything.
  #180  
Old 04-09-2025, 12:23 PM
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When we don't have jobs in America for it's citizens because of massive Chinese exports from the jobs there, we need to provide for our citizens here. You can't see the correlation?
We had that around 1970. But, the problem is that it took 50 years to make that bad system (which wiped out the US middle class) so it will take, at least, 25 years to reverse that and return Chinese manufacturing to America. It will also take AI and robotics and MASSIVE capital investments. But, in the end we would reverse our dependency on China.
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