Current events discussion

[ThxOne Premium Member]

I mean if you can find it you can read the autopsy.

George Floyd full autopsy released,” reads one tweet. “Says ‘no life threatening injuries identified’ and reveals high levels of multiple additional toxic drugs on top of the Fentanyl that was initially reported.”

 

[stocker08 10+ year member]

Hello Stocker.
Please do a little more research. You will see that Q1 is pretty much always lower than Q4 and Q4 is always lower than Q3, which is always the highest. That's because people spend more money during the holidays. It's basic economics. Not mad at ya. I just wanted to point that out.

Worth noting that this didn't cause any Q1 under Biden to go negative. Not a single quarter of negative GDP growth under Biden, in fact. I'd tell you to do a little more research.....but the info was all there in the post already.

 

[stocker08 10+ year member]

 

[stocker08 10+ year member]

I see you all are talking about who should be taxed and who shouldn't? What I will say is going to be a gut wrencher, but it's a fact.

If you put a high tax on corporations, the only people that will be negatively affected are the consumers and the employees. Corporations rely on stock investments. If a corporation doesn't meet their budgeted goals, their stocks drop. If they are taxed higher, this affects their goal. So, they end up raising their prices and cutting operation costs. This leads to pay cuts and layoffs. If you tax them less, the corporations will put more into their employees and keep costs lower. Just think if it was your corporation. You would never want your company to show a negative growth. You would lose all of your investors.

This is what we call "drinking the kool-aid". My god.....lol.

 

[RobGMN Premium Member]

Floyd wasn't killed by a cop. It was his own drug problem and his health.

Yeah, the knee on the neck while he was lying face down on the pavement, with his hands cuffed behind his back, had nothing to do with it.

The alternate reality you live in is a really weird place.

 

[RobGMN Premium Member]

I see you all are talking about who should be taxed and who shouldn't? What I will say is going to be a gut wrencher, but it's a fact.

If you put a high tax on corporations, the only people that will be negatively affected are the consumers and the employees. Corporations rely on stock investments. If a corporation doesn't meet their budgeted goals, their stocks drop. If they are taxed higher, this affects their goal. So, they end up raising their prices and cutting operation costs. This leads to pay cuts and layoffs. If you tax them less, the corporations will put more into their employees and keep costs lower. Just think if it was your corporation. You would never want your company to show a negative growth. You would lose all of your investors.

"Put more into their employees", lol.
Like the CEOs who gave themselves bonuses after the bank bailouts in '08?

I suppose you believe Trump just wants to "do what's best for the country"...

 

[ThxOne Premium Member]

Yeah, the knee on the neck while he was lying face down on the pavement, with his hands cuffed behind his back, had nothing to do with it.

The alternate reality you live in is a really weird place.

I watched the videos many, many times. I saw nothing the police don't do on a daily basis still to this day. Even the coroner said there were no life threatening injuries. Perhaps you think drugs and bad health are just made up things? Perhaps resisting is just common for left wing people. Perhaps non-compliance with lawful orders is forgivable. Maybe we don't need uniformed persons bothering us when we break the laws. Cops should only be around when something affects you personally.

He wasn't "face" down he was in a prone position with his head facing his right side. His nose and mouth were unobstructed. At times his right shoulder and chest were elevated off the ground.

I am sure with the following, none of them contributed to Floyds death. It HAD to be the cop because Rob said so on a car audio forum.

"Signed by Dr. Andrew M. Baker, it says Floyd had tested positive for the novel coronavirus on April 3. A post-mortem nasal swab confirmed that diagnosis. The report notes that because a positive result for coronavirus can persist for weeks after the disease has resolved, "the result most likely reflects asymptomatic but persistent ... positivity from previous infection."

In addition to fentanyl and methamphetamine, the toxicology report from the autopsy showed that Floyd also had cannabinoids in his system when he died.

Floyd also had heart disease, hypertension and sickle cell trait — a mostly asymptomatic form of the more serious sickle cell disease, an inherited blood disorder that primarily affects African Americans."

 

[ThxOne Premium Member]

Don't want to die from interaction with the police?
Don't want to go to jail?
Don't want a criminal record?

 

[Jimi77 Premium Member]

ROFL. Know how I know that you're talking out your ***? Please point me towards the significant cuts made to the the corporate tax rate under Clinton. Thanks.

lol....and Art Laffer is donkey brains in human form. Not surprised that he doesn't know what the hell he's talking about either.

GATT & NAFTA. Certainly, you're not going to suggest that corporations passed those tax cuts along to lowly consumers. If GATT & NAFTA were indeed passed along to consumers, why can't other other supply-side tax cuts be passed along to consumers or invested into the economy?

Laffer isn't the genius many claim he is - ie the Laffer Curve is just applying common logic. However, he certainly knows what supply-side economics looks like, afterall, he is generally considered the father of supply side economics.

Clinton cut taxes for small businesses. I know those aren't the evil bad guys corporations are, but still a supply side cut.

 

[Jimi77 Premium Member]

I watched the videos many, many times. I saw nothing the police don't do on a daily basis still to this day. Even the coroner said there were no life threatening injuries. Perhaps you think drugs and bad health are just made up things? Perhaps resisting is just common for left wing people. Perhaps non-compliance with lawful orders is forgivable. Maybe we don't need uniformed persons bothering us when we break the laws. Cops should only be around when something affects you personally.

He wasn't "face" down he was in a prone position with his head facing his right side. His nose and mouth were unobstructed. At times his right shoulder and chest were elevated off the ground.

I am sure with the following, none of them contributed to Floyds death. It HAD to be the cop because Rob said so on a car audio forum.

"Signed by Dr. Andrew M. Baker, it says Floyd had tested positive for the novel coronavirus on April 3. A post-mortem nasal swab confirmed that diagnosis. The report notes that because a positive result for coronavirus can persist for weeks after the disease has resolved, "the result most likely reflects asymptomatic but persistent ... positivity from previous infection."

In addition to fentanyl and methamphetamine, the toxicology report from the autopsy showed that Floyd also had cannabinoids in his system when he died.

Floyd also had heart disease, hypertension and sickle cell trait — a mostly asymptomatic form of the more serious sickle cell disease, an inherited blood disorder that primarily affects African Americans."

Crazy thing is we all know if George was white nobody would care.

 

[Jimi77 Premium Member]

I watched the videos many, many times. I saw nothing the police don't do on a daily basis still to this day. Even the coroner said there were no life threatening injuries. Perhaps you think drugs and bad health are just made up things? Perhaps resisting is just common for left wing people. Perhaps non-compliance with lawful orders is forgivable. Maybe we don't need uniformed persons bothering us when we break the laws. Cops should only be around when something affects you personally.

He wasn't "face" down he was in a prone position with his head facing his right side. His nose and mouth were unobstructed. At times his right shoulder and chest were elevated off the ground.

I am sure with the following, none of them contributed to Floyds death. It HAD to be the cop because Rob said so on a car audio forum.

"Signed by Dr. Andrew M. Baker, it says Floyd had tested positive for the novel coronavirus on April 3. A post-mortem nasal swab confirmed that diagnosis. The report notes that because a positive result for coronavirus can persist for weeks after the disease has resolved, "the result most likely reflects asymptomatic but persistent ... positivity from previous infection."

In addition to fentanyl and methamphetamine, the toxicology report from the autopsy showed that Floyd also had cannabinoids in his system when he died.

Floyd also had heart disease, hypertension and sickle cell trait — a mostly asymptomatic form of the more serious sickle cell disease, an inherited blood disorder that primarily affects African Americans."

Crazy thing is we all know if George was white nobody would care

I see you all are talking about who should be taxed and who shouldn't? What I will say is going to be a gut wrencher, but it's a fact.

If you put a high tax on corporations, the only people that will be negatively affected are the consumers and the employees. Corporations rely on stock investments. If a corporation doesn't meet their budgeted goals, their stocks drop. If they are taxed higher, this affects their goal. So, they end up raising their prices and cutting operation costs. This leads to pay cuts and layoffs. If you tax them less, the corporations will put more into their employees and keep costs lower. Just think if it was your corporation. You would never want your company to show a negative growth. You would lose all of your investors.

That's the thing many people don't understand about taxes, most taxes are paid by the underclass regardless of who you actually tax because the wealthy class has the ability to pass the taxes down to less economically empowered people. It's been that way, for thousands of years.

 

[Jimi77 Premium Member]

Looking for data on the last time trickle-down worked.
Year range, administration, etc.

Supply-side worked great under Clinton - see GATT & NAFTA. WW2 would be another good example, although that happened before we really recognized that supply-side was a thing. Industrialization is another great example of how increased supply results in economic growth. What about bailouts? I'm not a big fan of bailouts, but the certainly reverse economic downturns.

 

[Jimi77 Premium Member]

Easy prediction, the let's new narrative will be ~"worse economy in 50 years." Of course, the economy went to shyt because Trump took office.

 

[ThxOne Premium Member]

You know, if the U.S. puts in more everything than all other countries why don't we just pull back? You want to fight us on securing your borders, screw you, you can pay your fare share now. We will pull back to what other countries pay in. You want to retaliate with tariffs, eat ***, we will pull back 75% of our military protection of your country. Wanna keep it up... you can go at it alone.

 

[stocker08 10+ year member]

GATT & NAFTA. Certainly, you're not going to suggest that corporations passed those tax cuts along to lowly consumers. If GATT & NAFTA were indeed passed along to consumers, why can't other other supply-side tax cuts be passed along to consumers or invested into the economy?

Laffer isn't the genius many claim he is - ie the Laffer Curve is just applying common logic. However, he certainly knows what supply-side economics looks like, afterall, he is generally considered the father of supply side economics.

Clinton cut taxes for small businesses. I know those aren't the evil bad guys corporations are, but still a supply side cut.

What? You are talking about free trade agreements. What do either of those have to do with the corporate tax rates. Furthermore....those trade agreements helped REDUCE tariffs....which is the exact OPPOSITE of what Trump is implementing.

Laffer helped orchestrate tax cuts during the Reagan and Trump admins. Both which ended up shooting the deficit upwards. Not exactly paying for itself. But when has honesty been a thing with some of these ghouls? Corporate tax cuts never trickle down as they claim. Once again....if economic expansion is the overall goal.....then cuts to the consumer class are where you want to focus. But it's always been about expediting the oligarchy. Elite ruling class and a shrinking middle class is what trickle down economics has brought us in practice.