Buffett is my hero

[MARIS61]

Cool story, bro.

Now can we stop blaming Bush yet?

Not until he pays back the $ he stole from Americans, restores the freedoms he removed from The Constitution, and brings his 500,000+ murder victims back to life.

Not holding my breath.

 

[blazerboy30]

so do you sit around a fire talking about the tea party and how bush fucked your shit up?

No, since neither of those has-beens are current nor do they hold any relevance any longer.

Now can we stop blaming Bush yet?

Not until he pays back the $ he stole from Americans, restores the freedoms he removed from The Constitution, and brings his 500,000+ murder victims back to life.

Not holding my breath.

So pathetic and predictable, this is too easy to even be fun anymore.

But, it is my duty to call out absolute and utter stupidity, idiocy and ridiculousness. It is a thankless job, but I carry on.

 

[MARIS61]

The S2 spellchecker thing is how I normally correct my spelling.

Most people use their brains, and with better results.

Most people who have any worthwhile knowledge or experience to share about the economy or finances in general, can spell Warren Buffett's name correctly simply from memory.

Calling him a moron, or stupid, is like saying Magic Johnson couldn't play basketball. It makes you look foolish.

 

[MARIS61]

Dude you need to deepthroat me. You've made spelling errors before, relax nigguh.

Your IQ, while infinitesimal, is glaringly apparent.

 

[SlyPokerDog]

So pathetic and predictable, this is too easy to even be fun anymore.

But, it is my duty to call out absolute and utter stupidity, idiocy and ridiculousness. It is a thankless job, but I carry on.

LOL! How dare you edit my edit.

 

[huevonkiller]

Most people use their brains, and with better results.

Most people who have any worthwhile knowledge or experience to share about the economy or finances in general, can spell Warren Buffett's name correctly simply from memory.

Calling him a moron, or stupid, is like saying Magic Johnson couldn't play basketball. It makes you look foolish.

Relax most people have spelling errors Anthony Weiner, lol. Nice try.

Yeah I want to have an advanced statistical discussion but barfo's too busy deepthroating buffett and not bothering to validate his stance.

Your IQ, while infinitesimal, is glaringly apparent.

Nothing wrong with some good old fashioned trash talk.

Or sweet whisperings, depending on who you are.

 

[SlyPokerDog]

Relax most people have spelling errors whiny guy, lol. Nice try.

Yeah I want to have an advanced statistical discussion but barfo's too busy deepthroating buffett and not bothering to validate his stance.



Nothing wrong with some good old fashioned trash talk.

Trash talking is fine but you need to stop the insults. You can insult me but you're not allowed to insult our beloved S2 members.

 

[huevonkiller]

Trash talking is fine but you need to stop the insults. You can insult me but you're not allowed to insult our beloved S2 members.

I'm not insulting anyone. What are you trying to say?

Public figures are fair game btw.

 

[MARIS61]

$1000 in extra tax from all 140m tax filers gets you a 10% reduction in the deficit.

You're ignoring (or deliberately concealing) the yearly interest that would accumulate each and every year into eternity on that 10% if it was not reduced.

 

[huevonkiller]

Sly are you homophobic?

 

[SlyPokerDog]

Sly are you homophobic?

LOL! Nope.

 

[huevonkiller]

LOL! Nope.

Sounds like you are.

They're dying for some btw, don't hold out.

 

[MARIS61]

$1000 in extra tax from all 140m tax filers gets you a 10% reduction in the deficit.

So if instead all 3m millionaires paid $50,000 more (1 time only) it would accomplish the same thing without really causing ANY serious financial harm to anybody.

Or if all 400 billionaires made a one time payment of 375 million it would accomplish the same thing without really causing ANY serious financial harm to anybody.

If you combine the two we're on our way to solvency in no time and those fat cats will quickly recoup their payments through the revitalized business activity it would no doubt produce.

In the end we would have a complete economic recovery without having to raise taxes on anyone who is not already set for life.

 

[huevonkiller]

Wow talk about misleading. The deficit this year alone was 1.7 trillion.....

So if instead all 3m millionaires paid $50,000 more (1 time only) it would accomplish the same thing without really causing ANY serious financial harm to anybody.

Or if all 400 billionaires made a one time payment of 375 million it would accomplish the same thing without really causing ANY serious financial harm to anybody.

If you combine the two we're on our way to solvency in no time and those fat cats will quickly recoup their payments through the revitalized business activity it would no doubt produce.

In the end we would have a complete economic recovery without having to raise taxes on anyone who is not already set for life.

No we wouldn't, you could tax USA billionaires 100% of their profits and it would not get us out of bankruptcy.

 

[MARIS61]

Seriously, dude. Do the math and think for yourself. Please tell me how much you would like to raise taxes on people making over $1M, and how much that would add to the federal revenue, assuming GDP remains constant.

When you assume, you make an ass out of you and...well, just you in this case.

 

[huevonkiller]

When you assume, you make an ass out of you and...well, just you in this case.

Care to answer his question?

 

[MARIS61]

So pathetic and predictable, this is too easy to even be fun anymore.

But, it is my duty to call out absolute and utter stupidity, idiocy and ridiculousness. It is a thankless job, but I carry on.

You have no point. I address Bush's responsibility only when yourself and others deny it first.

You need to let your fantasy go and move on.

 

[huevonkiller]

You have no point. I address Bush's responsibility only when yourself and others deny it first.

You need to let your fantasy go and move on.

Well you're clearly dodging the empirical aspect of his posts.

 

[Denny Crane]

As of March 2011, Forbes says there are 1210 billionaires in the world, their combined net worth is $4.5T, or enough to fund the deficit for three years or pay off about 1/4th of the national debt.

That's in the entire world, not just the USA.

 

[MARIS61]

Wow talk about misleading. The deficit this year alone was 1.7 trillion......

I am using Denny Crane's numbers, but I suspect they are in the ballpark.

You must be relying on the S2 mathchecker.

No we wouldn't, you could tax USA millionaires 100% of their profits and it would not get us out of bankruptcy.

No we wouldn't WHAT?

I said nothing about taxing "profits", and you can't get out of something you aren't in. The US is nowhere near the realm of being in danger of bankruptcy.

 

[MARIS61]

Well you're clearly dodging the empirical aspect of his posts.

Well you clearly misunderstand the meaning of empirical.

The word empirical denotes information gained by means of observation or experiments.

 

[MARIS61]

Care to answer his question?

Been there, done that.

http://sportstwo.com/threads/193284-Buffett-is-my-hero/page2 (post #73)

 

[huevonkiller]

Well you clearly misunderstand the meaning of empirical.

The word empirical denotes information gained by means of observation or experiments.

Yeah key word is experiment, we've tried this experiment before it is called your failed government spending.

 

[huevonkiller]

Its called 30 trillion dollar debt, lol. Deficit is not debt, time to get an S2 dictionary.

I am using Denny Crane's numbers, but I suspect they are in the ballpark.

You must be relying on the S2 mathchecker.

No I'm relying on the CBO math genius. You're getting owned by Obama's own debt calculators.

Our #1 problem is spending.

No we wouldn't WHAT?

I said nothing about taxing "profits", and you can't get out of something you aren't in. The US is nowhere near the realm of being in danger of bankruptcy.

No we wouldn't prevent terrible entitlement programs from bankrupting us. They're going to use up 100%+ of our federal-revenue-GDP.

The US will bankrupt once we reach Greece territory. Which is 2020 or sooner if Barry wins again.

 

[huevonkiller]

Been there, done that.

http://sportstwo.com/threads/193284-Buffett-is-my-hero/page2 (post #73)

Your math doesn't even address the problem, we wouldn't even get 1 trillion off THIS year's deficit if you tax US billionaires 100% of their money.

[video=youtube;Z6zM1WYhwPw]

Been there done that, it's called Canada and Puerto Rico. Your brand of government has been failing for far too long, your policies and apologizing are over.

 

[MARIS61]

As of March 2011, Forbes says there are 1210 billionaires in the world, their combined net worth is $4.5T, or enough to fund the deficit for three years or pay off about 1/4th of the national debt.

That's in the entire world, not just the USA.

Wiki is where I got my info.

Forbes says there are nearly twice as many, making my suggestion nearly twice as effective in paying down the debt.

Many others place the number at twice the number Forbes uses, which would put us in great shape indeed if true. When millionaires increase, so do billionaires.

Everyone seems to agree the numbers for each will nearly double by 2020, which would mean my plan would nearly wipe out the deficit without even having to cut spending.

Since you seem to relate to rich people, you'll be elated to know their numbers are increasing at an insane rate:

http://money.cnn.com/2011/05/05/pf/millionaire_rise/index.htm

NEW YORK (CNNMoney) -- Despite the Great Recession, which wiped out $15.5 trillion in household wealth in the United States alone, the number of millionaires in this country and abroad will grow rapidly over the next decade.

In the U.S., the total number of families with a net worth of over $1 million, including real estate, will double by 2020, according to a report by the Deloitte Center for Financial Services.

http://www.chron.com/disp/story.mpl/business/7475023.html

 

[MARIS61]

Its called 30 trillion dollar debt, lol. Deficit is not debt, time to get an S2 dictionary.



No I'm relying on the CBO math genius. You're getting owned by Obama's own debt calculators.

Our #1 problem is spending.



No we wouldn't prevent your foolish entitlement programs from bankrupting us. They're going to use up 100%+ of our GDP soon, amateur.

The US will bankrupt once we reach Greece territory. Which is 2020 or sooner if Barry wins again.

Gibberish.

Clearly, you have no interest in an honest debate, nor the education to participate in one.

I'm off to find a thread with substance.

 

[huevonkiller]

Maris, there's no such thing as "revenue" get that into your terribly constructed perspective.

Gibberish.

Clearly, you have no interest in an honest debate, nor the education to participate in one.

I'm off to find a thread with substance.

Billionaires, not millionaires I meant.

Actually you're completely ignoring interest on past debt, so you're still screwed. Your plan was ridiculous, what do you think happens when a billionaire loses 375 million dollars? Lol what a joke.

 

[huevonkiller]

Wiki is where I got my info.

Forbes says there are nearly twice as many, making my suggestion nearly twice as effective in paying down the debt.

Many others place the number at twice the number Forbes uses, which would put us in great shape indeed if true. When millionaires increase, so do billionaires.

Everyone seems to agree the numbers for each will nearly double by 2020, which would mean my plan would nearly wipe out the deficit without even having to cut spending.

Since you seem to relate to rich people, you'll be elated to know their numbers are increasing at an insane rate:

http://money.cnn.com/2011/05/05/pf/millionaire_rise/index.htm

NEW YORK (CNNMoney) -- Despite the Great Recession, which wiped out $15.5 trillion in household wealth in the United States alone, the number of millionaires in this country and abroad will grow rapidly over the next decade.

In the U.S., the total number of families with a net worth of over $1 million, including real estate, will double by 2020, according to a report by the Deloitte Center for Financial Services.

http://www.chron.com/disp/story.mpl/business/7475023.html

Yeah your high tax rates don't amount to anything, and secondly you need to adjust for inflation and additional debt.

Btw since you love Wiki so much: http://en.wikipedia.org/wiki/Hauser's_law Open wide and Gobble it up. History dominates you, not very smart to skim over that vid you could learn a lot.

 

[huevonkiller]

Canada got rid of its massive public Unions and unemployment fell from 12% to 6%. Puerto Rico flourished after firing 17,000 union workers from the government.

Awesome. Overpriced dead weight, you can't dunk a basketball you are not special.