America drops to #2 Largest Economy.

[AROCES]

There is nothing wrong with taxes, as long as you get something back... but reactionaries like you prefer to make debts to have the government fulfill its obligations.

Name one country that has Tax itself to prosperity? Remember the USSR?

Would you agree to a 70% tax to support all the good deeds of the govt?

Govt obligation is where we differ, you want a socialist govt that provied and gurantee a standard of living to it's citizen.

Karl Marx dream.

[AROCES]

And why not? All they do is hate us now. They are not our friends. We might be chummy here together on UM together, but don't let that fool you. Let our economy stumble and they are the first to laugh. I say let it fall and rebuild it with this side of the world in mind exclusively...

They used to be our friends when we were helping them beat the Nazis..But those times are long gone.

You just hearing the Socialist Liberals barking over there. I bet they will be quiet if Obama or Hillary wins.

[questionmark]

Name one country that has Tax itself to prosperity? Remember the USSR?

Would you agree to a 70% tax to support all the good deeds of the govt?

Govt obligation is where we differ, you want a socialist govt that provied and gurantee a standard of living to it's citizen.

Karl Marx dream.

To pay 70% taxes in any European country you have to earn like ten millions a year (if you do you sure can afford it). The average tax load of an European is below that of an American (if you include local, government and state taxes).

[AROCES]

To pay 70% taxes in any European country you have to earn like ten millions a year (if you do you sure can afford it). The average tax load of an European is below that of an American (if you include local, government and state taxes).

And here in the United States we have such 70% bracket before, that was in the 70's and the result was not good that we have it down to 36%.

We figured that leaving the money to intepreneurs, investors and visionaries makes more sense than the govt taking it.

[questionmark]

And here in the United States we have such 70% bracket before, that was in the 70's and the result was not good that we have it down to 36%.

We figured that leaving the money to intepreneurs, investors and visionaries makes more sense than the govt taking it.

... lots of good it did, as we can see.

[AROCES]

... lots of good it did, as we can see.

YUP, Silicon Valley, Boeing, Wal Mart, Microsoft, Oracle just to name a few.

[questionmark]

YUP, Silicon Valley, Boeing, Wal Mart, Microsoft, Oracle just to name a few.

And all carrying their earnings to Lichtenstein to safeguard it from the dollar crash caused by the low taxing... great!

[AROCES]

And all carrying their earnings to Lichtenstein to safeguard it from the dollar crash caused by the low taxing... great!

Now who told you that?

You in the Board of Directors in all of those companies?

[questionmark]

Now who told you that?

You in the Board of Directors in all of those companies?

You don't have to be... you just have to see where these companies " invested" in the last years. It is public and comes in form of the annual companies report. Most can even be found on the internet. Some of the companies that benefit most from the downturn, like Brown Root & Kellogs, don't even bother to hide it...they just move their corporate headquarters to some other place and change their assets to another currency.

Let me tell you something about "capital". It is not national and has no allegiance but itself. It always goes where it can grow unhampered. And an economic downturn is not a place to grow. So the capital goes somewhere else...like Lichtenstein or Monaco or the Cayman Islands.

But they are grateful to you and all those who advocate low taxes for them... that way they can take more money out of the US.

[AROCES]

You don't have to be... you just have to see where these companies " invested" in the last years. It is public and comes in form of the annual companies report. Most can even be found on the internet. Some of the companies that benefit most from the downturn, like Brown Root & Kellogs, don't even bother to hide it...they just move their corporate headquarters to some other place and change their assets to another currency.

Let me tell you something about "capital". It is not national and has no allegiance but itself. It always goes where it can grow unhampered. And an economic downturn is not a place to grow. So the capital goes somewhere else...like Lichtenstein or Monaco or the Cayman Islands.

But they are grateful to you and all those who advocate low taxes for them... that way they can take more money out of the US.

And what, you want those companies to do what you think is good for you and not for the company???????????

And when they fold or are not in business anymore for they did what you think is best for everyone, what then????

I know, you will blame Bush for it and for all the layoff.

Edited March 15, 2008 by AROCES

[Stardrive]

This what happens when you spend to much money.

Our govt. has always had that bad habit. Handing out to much money to other countries is another. But that's a different thread.

Back it the 70's and 80's when the EU was just a twinkle in someones eye, it was predicted that when this economic block worked out the kinks and stabilized it would become the worlds #1 currency and would achieve superpower status.

My only question is, what them so long? LOL

[questionmark]

And what, you want those companies to do what you think is good for you and not for the company???????????

And when they fold or are not in business anymore for they did what you think is best for everyone, what then????

I know, you will blame Bush for it and for all the layoff.

Blame Bush...for a company saving its assets by moving them abroad? Nope...but I sure blame those who gave them tax break after tax break without demanding a return.

[Syd Boggle]

i agree, with may points here, of course the European Project, recruiting country after country, will strike a balance as a leading, supposedly unified economy.....so europe is number one at the moment...wont last! as soon as turkey join, europe will probably drop down a few notches.....

god, the eu is a joke

[Bill Hill]

so europe is number one at the moment...wont last! as soon as turkey join, europe will probably drop down a few notches.....

I'm learning Turkish as the moment.

Yeah, I'm thinking of emigrating to Germany, so I think it's important to learn the language first.

[Ins0mniac]

And why not? All they do is hate us now. They are not our friends. And fortunately, this reality is slowing sinking into average Americans psyche. We might be chummy here on UM together, but don't let that fool you. Let our economy stumble and they are the first to laugh. I say let it fall and rebuild it with this side of the world in mind exclusively...

I say we pull out of ties with them (and most everyone else too) ASAP and let Amadinezad get a nuke and hold them hostage with it. They don't have the guts to do anything about him..Especially once he gets one (or ten).

They used to be our friends when we were helping them beat the Nazis..But those times are long gone. We need to cut our losses and come home. And stay here. Forever.

(And keep all of our food over here too..)

Oh please! Let me get the violin out for you! The Europeans hate you?

Whatever.

The left wingers and right wingers rant about each other within your own country as well as form overseas. There are also a lot of right wing supporters of your current administration in Europe too if you care to actually look. So calm down and stop crying for your poor hard done by country.

Oh by the way, if the U.S ever cut itself off completely from the rest of the world, it would go downhill very fast. This is the age of globalisation. NO country can afford to isolate itself from the modern global market or the international system and still keep up. Not even the mighty U.S.A.

Edited March 16, 2008 by Ins0mniac

[AROCES]

Blame Bush...for a company saving its assets by moving them abroad? Nope...but I sure blame those who gave them tax break after tax break without demanding a return.

The return is jobs generated by the company.

[AROCES]

Oh by the way, if the U.S ever cut itself off completely from the rest of the world, it would go downhill very fast. This is the age of globalisation. NO country can afford to isolate itself from the modern global market or the international system and still keep up. Not even the mighty U.S.A.

True, both will be trade partners always and need each other.

But I have to correct you, it's the Mighty Europeans now!

[Caesar]

I think with the dollar staying cheap like this, its just a metter of time before it hurts the gdp of the Euro. its funny how people blame the Iraq war for our debt, can someone please tell us how much debt the E.U. is in. LOL...its more then the U.S. debt vs GDP!!!!!!!! I would much rather live in America then Europe

[questionmark]

The return is jobs generated by the company.

...in China...yes....

[questionmark]

can someone please tell us how much debt the E.U. is in. LOL...its more then the U.S. debt vs GDP!!!!!!!!

It used to be... right now America has less GDP (that is why it is #2) and more debts...you figure it out....

[The_truth]

True, both will be trade partners always and need each other.

But I have to correct you, it's the Mighty Europeans now!

Don't believe it'll last for very long LOL

Got that gut feeling on this, besides there is too much corruption in the E.U.

[questionmark]

Don't believe it'll last for very long LOL

Got that gut feeling on this, besides there is too much corruption in the E.U.

hmmm... so there is? not more than ten years ago...and still...somehow the EU managed to get on the top...makes you wonder...

ED: Here is from the most recent report of Transparency International:

The general public was most sceptical, on average, in North and Latin America, the greater EU region and Asia-Pacific. That North Americans and Europeans see government efforts so negatively (with 19 and 28 per cent average approval ratings respectively), despite low levels of petty bribery, suggests that they are concerned about problems of grand corruption and the gap between the major graft that has been exposed and commitments to do something about it. The lack of an explicit approach to tackling corruption in the countries of the north may further aggravate this public uneasiness.

Source: http://www.transparency.org/news_room/late..._06_gcb_2007_en

Edited March 16, 2008 by questionmark

[stevewinn]

no need to worry about the US vs the EU. everything seems peachy within the EU, but look beneath the surface, and what you will find is that the Auditors refused to certify EU accounts for the 13th year running, a report found that 80% of the EU's budget cannot be verified and is full of Errors and failed...........

i find it funny that the report carried out by the EU, has been removed from their (eu auditors) website i wonder why,?

wait until countries in Q's neck of the woods join, Macedonia, Kosovo, Serbia, Bosnia and Herzegovina, Croatia, TURKEY, its going to be a right how'd you do, when you look at the list of EU countries, the vast majority of them cant organise a p*** up in a brewery, full of fraud mafia gangs, and the corruption goes right to the top of these countires governments, and our Taxes will be paid to such countries, makes sense doesnt it! the vast majority of it will end up in officials pockets for them to p*** it up the wall, i love the faith the pro euro's put in the shower of sh**s thats running the show,

but i do understand the pro EU stance, after all they come from countries with no proud History and have always had to rely upon others, so it makes sense for them to join such a union. safety in numbers, until sh** happens.

[questionmark]

no need to worry about the US vs the EU. everything seems peachy within the EU, but look beneath the surface, and what you will find is that the Auditors refused to certify EU accounts for the 13th year running, a report found that 80% of the EU's budget cannot be verified and is full of Errors and failed...........

What you don't mention is that they do not refuse because shortcomings of the EU but due to shortcomings of individual countries...such as Italy... but that is OK... you need to make a point if you are against the EU....

[stevewinn]

What you don't mention is that they do not refuse because shortcomings of the EU but due to shortcomings of individual countries...such as Italy... but that is OK... you need to make a point if you are against the EU....

i've posted Q whats going on in the EU, but, now, now Q, dont be blaming individual countries for the **** ups, you have to take the good with the bad your all one big happy family Union, now you know, its all for one and one for all, like i've said you cant go singling countries out thats not the EU way, and when the countries i've listed in my previous post join, you'll have more of the same,......... in the EU if one fails you all fail simple, shame it doesnt work the other way around,