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Favorite team:LSU 
Location:Corpus Christi, TX
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Number of Posts:126702
Registered on:1/27/2004
Online Status:Not Online

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re: The top 1% pay half of the income tax in this country - Powerman
[quote]Residuals of the 1950's tax code. [/quote] My point is, historically the top marginal rates aren't that high But talk to the people on this board and you'd think that the top 1% are roughing it like they're in the great depression...
Posted on Political Talk
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re: How screwed am I by not putting down 20% on a home purchase? - Powerman
[quote]Put down 5% for a conventional loan so that you are eligible to get rid of PMI. If you go the FHA route, it's much more difficult to get PMI taken off. [/quote] This And the closing costs might be about the same with an FHA as opposed to a convention at 5%...
Posted on Money Talk
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re: Why Clinton will beat Trump. - Powerman
[quote]Democrats couldn't handle this country. So just give the republicans a shot. Common sense should tell you that.[/quote] See 2000-2006 to verify why this statement is meaningless...
Posted on Political Talk
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re: The top 1% pay half of the income tax in this country - Powerman
While we're in a pissing contest to "make points" it might be noted that the top marginal rates for much of the 1980s were much higher In the early 80s the top marginal rate on income was 70% ...
Posted on Political Talk
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re: "Hillary is terrible, vote Trump even though you don't like him either" - Powerman
[quote] the Trumpkins would all be voting for Jeb if he won[/quote] Absolutely ...
Posted on Political Talk
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re: Can this team matchup in the trenches against the likes of Alabama? - Powerman
[quote]Coach O. told the truth on this matter...although no fan wants to hear "the next year" blabla...we won't have the depth that the 3-4 needs on DL until next year...but we're almost there...and out staff is getting the job done currently for sure! But IF tv makes his grades this summer, we'll b...
Posted on Tiger Rant
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re: The top 1% pay half of the income tax in this country - Powerman
[quote]So is the purpose of the tax code to inflict pain? [/quote] No And his point is that it doesn't appear to be...
Posted on Political Talk
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re: The top 1% pay half of the income tax in this country - Powerman
[quote]Are you under the impression that taxation doesn't threaten efficiency? [/quote] Well we need some form of taxation to collect revenue I reject the idea that lowering the highest marginal rates will result in any substantial trickle down effect where people start buying a bunch of random ...
Posted on Political Talk
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re: The top 1% pay half of the income tax in this country - Powerman
[quote]The more money they take from them, the less that is put into the economy, thus stalling it.[/quote] Oh, so you're one of those idiots....
Posted on Political Talk
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re: 401k - $100k milestone - Powerman
[quote]I'd say for every person that posted $100k there's probably 5 that opened this topic and said 'yeah not posting mine' haha [/quote] Yeah I try not to worry too much about my 401K because they always wind up sending me a refund check at the end of the year My strategy going forward is...
Posted on Money Talk
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re: Gingrich, Paul, Santorum voters never acted like some people are right now - Powerman
[quote] So you're voting for Hillary. [/quote] I'm voting for Gary Johnson if I bother to show up at all What's your logic for voting for Trump other than the fact that he isn't Hillary?...
Posted on Political Talk
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re: Gingrich, Paul, Santorum voters never acted like some people are right now - Powerman
Perhaps some of us just can't get excited about a Trump candidacy. With Clinton you're essentially getting more of Obama which we've survived. No one knows what dumb shite Trump might do. He seems unstable. And he is far from conservative. If he were conservative you'd probably see more people...
Posted on Political Talk
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re: US Economy Grew Only 1.2% In Second Quarter; Q1 Revised To 0.8% - Powerman
[quote] 4% is actually normal growth immediately following a recession. We are so far removed from the recession that I wouldn't classify this year as part of the recovery. There really never was a recovery. We just stopped being in a recession and are stalled in flat line. [/quote] To me that's ...
Posted on Political Talk
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re: US Economy Grew Only 1.2% In Second Quarter; Q1 Revised To 0.8% - Powerman
[quote] What other measure do you want to use? [/quote] Cumulative wealth might be a start[quote]Throw out a number then claim that number is a poor way to judge the issue. [/quote] I didn't claim it was poor. I even said it's probably the most relevant. I just said it's not the only one....
Posted on Political Talk
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re: America's 10 wealthiest towns - Powerman
Old money and median income aren't really all that related IMO [quote]4.) Rolling Hills, California [/quote] Very nice area. Used to do a lot of my shopping there when I lived in Hermosa and Torrance...
Posted on O-T Lounge
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re: Trump's protectionist policies will be terrible for our economy - Powerman
[quote]On the other hand he is a weakling who has no shot at executing a simple civil engineering project[/quote] I think it's more getting the approval for funding Most of the legislature has no interest in building this dumb arse wall...
Posted on Political Talk
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re: US Economy Grew Only 1.2% In Second Quarter; Q1 Revised To 0.8% - Powerman
[quote] Average is roughly 3% growth in GDP. How can you say Obama's 8 years has seen an average economy? His best year was below 3%. [/quote] Is GDP growth the only metric by which to judge an economy? Certainly you could say it's the most important but that doesn't mean it's the only one ...
Posted on Political Talk
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re: US Economy Grew Only 1.2% In Second Quarter; Q1 Revised To 0.8% - Powerman
[quote] Also, i want to ask you, do you think we've had a good or even average economy under Obama? Keep in mind, depending on your answer i will throw out a shite load of economic statistics at you.[/quote] Guess it depends on what metrics you look at. I'd say it's been an average economy...
Posted on Political Talk
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re: US Economy Grew Only 1.2% In Second Quarter; Q1 Revised To 0.8% - Powerman
[quote]Nice work Poindexter.[/quote] It's a strange world when people are averse to such easy to find facts. ...
Posted on Political Talk
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re: Who is voting FOR Trump or FOR Hillary and not just against the other - Powerman
I'm not voting for either As I said, this is the election of shame...
Posted on Political Talk
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