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The Rocket

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Posts posted by The Rocket

  1. 2 minutes ago, DriftBusta said:

     

    He tried to get the Congress to pass reforms, so now he's picking it apart with executive orders.  Competition across state lines for example.  He's going line by line on many things, like NATO, like department budgets. Its something, certainly more than Obama did, who just added expense and bureaucracy.  The biggest play, is to get the taxes lowered for those who drive the economy, so some of the trillions that are now off shore gets repatriated back into our own economy.  Just like when Reagan cut taxes, revenues went up.  Its a sound strategy, and certainly better than growing the government into this bloated, unaccountable albatross.

    He's failed to lead or to accomplish any of what he promised while providing more childish distractions than a Kardashian. 

    IMO the "repatriation" story is a fallacy. Most of it will be used to complete share buybacks - which won't spur growth. Like Tim Cook says having billions offshore doesn't cause them to not invest in a project in the US. They simply invest the money offshore and borrow what they need in the US. Not a single US based project is foregone because the $ is offshore. 

    The winner in this will be the shareholders and the EPS #s. 

  2. 2 minutes ago, Biggie Smails said:

    Well bully for you and to some  extent I agree  with you on repeal and replace..Trump did make a lot of promises and obviously hasn't delivered.

    Obamacare is a mess and needs fixing. But I've yet to see a "better" plan from the Repubs. 

  3. 12 minutes ago, Fireball 440 said:

    I thought the same thing.  28 new submarines.... for what exactly?

    Because the US LOVES to be able to kill brown people and cost is no factor in that regard. Health care for their citizens - can't afford that shit. 

  4. Put a head Oring in the old Rush last weekend.  Bought my Reg sticker this week.  Sled is all ready to go - just add fuel. 

    Not bothering to even buy a trail pass with my kids' hockey schedules. I'll buy day passes if I get to ride. 

     

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  5. On 2017-10-14 at 9:49 AM, DriftBusta said:

    Oh, so lying and bribing everyone from congressmen to insurance companies to get a law passed that fails every actuarial test given to it, and actually raising the cost, while limiting the access is now a good thing?  The law is a failure look at all the insurance companies who've pulled out of the exchanges ffs.  The law is a mess.  Trumps promising to lower our taxes...how is that robbing my house blind?  Delusional.  And argumentative and delusional at that.

    Where is Trump's or the Repubs replacement for Obamacare?  I chuckle at the Donald and the Repubs wanting to cut taxes with zero plan on how to pay for it, any spending cuts or any concern for blowing up an already shitty budget. 

    If ANY.of the Repubs and Donny supporters would hold them accountable you might get a little respect. 

  6. 14 minutes ago, snoughnut said:

    How about putting an end to welfare for deadbeat parents, it seems there's alot of incentive for them to have babies just for that reason. Even if birth control is free and easily accessible, who's going to make sure they're using it? Why would they want to take birth control if govt. is offering a safe place to land via welfare for being a baby factory?

    So - you don't want to let them abort an unwanted child and then you want to exclude them and the child from your social safety net. :lol: 

    Sounds heavenly. 

  7. 8 minutes ago, SnowRider said:

    What's fucked up are the new anti-choice laws from zealots like you.  Abortion should be cheap, legal, and rare - and it is if women have birth control access and comprehensive sex education.  Unfortunately the Bible thumping fucks oppose these things and want everyone to pray hormones and sex away.  Fuck them. 

    Anti abortion crowd are the same ones that are against free and easy access to birth control. Then complain about baby mama's being on welfare. It's fucked up and illogical. 

  8. 8 minutes ago, Snake said:

    Obamafraud didn't work?????

    I bet someone here predicted that.

    How you like keeping your plan/doctor? That was great... "#1lie of the year!

    Your socialist labour union extorted your health care plan from your company. Way to stick to your principles you table pounding Conservative. :lol: 

    But hey - fuck everybody else eh? 

    Where is Trump's replacement for Obamacare - oh wait. 

  9. 36 minutes ago, T1R9sledder said:

    And what price is that? Higher income, lower taxes, the populist party that emerge from the ashes of the GOP and Dem parties that will rule the US into the 22nd century

    What legislation has Trump tabled or passed to increase income or lower taxes?  

    I see millions of people's health care cost going up. 

  10. 16 minutes ago, Highmark said:

    God or no god.   I know my conscience is clear with my stance that this should not be killed simply because someone wants it dead.  19 week old miscarriage.  

    I find it disgusting people talk so matter of fact about the hundreds of thousands killed without ever actually looking at what occurs and who is being killed.  

     

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    If it were only so black and white. What if the fetus is not viable outside the womb?  What if the mother's life is in grave danger if the pregnancy continues?

    if you don't believe in abortion don't have one. Pretty simple. 

     

  11. 57 minutes ago, ArcticCrusher said:

    Another one who gets it.

     

     

    From: John Brussa

    Sent: Monday, October 02, 2017 2:52 PM

    To: 'andrewsheer@parl.gc.ca'

    Subject: Liberal Government Tax Proposals

     The Honorable Mr. Scheer;

    I don't usually write to elected officials, but I wanted to thank you for standing up for the spirit of entrepreneurship and risk taking in this country. First, let me introduce myself with a little of my back story.

    I am currently the Chairman of a mid- sized Calgary based, energy focused law firm. I have practiced in the tax field all my life (over 30 years) with some recognition as a leading practitioner with stints as a Governor of the Canadian Tax Foundation. I am also keenly interested in the Canadian business sector, having served on more than thirty Boards of Directors of public companies. I have recently been appointed a Jarislowsky Fellow at the Haskayne Business School. I say all this in that I have seen the effect of taxation on business from both the professional capacity  and the business perspective. I have had many interactions over the years with the Federal Department of Finance and have some inkling of the advice Mr. Morneau is receiving. I am decidedly not like the Prime Minister nor the Finance Minister in that my parents were poor immigrants to Canada, and I have not benefited from a trust fund or the legacy of heading a family corporation. Perhaps that informs my views.

    This is my unvarnished view.

    Minister Morneau's contention of "fairness" and loop-hole closing is ludicrous and disingenuous.

    The Income Tax Act is replete with provisions which encourage types of behavior. Most such types of behavior are socially beneficial and generally laudable. Such is the case with the "loop-holes" he is targeting. I am sure that you know this, but the tax system is built to encourage investment. That is why the tax rate on a dollar of consumption is much higher than on a dollar which is re-invested. The easiest way to understand this is the difference between rates on corporation and the rates on individuals. The theory of tax integration means that a dollar earned in a corporation and distributed to a shareholder ( a combination of the corporate tax and the individual tax on the same dollar) is taxed at a rate which is between 60% and 100% higher than a dollar retained in the corporation (corporate tax only) What Minister Morneau sees as nefarious (or perhaps he is simply a demagogue) is simply something which has been in the tax system for many years because it is good economics for Canada. To the extent a shareholder keeps his money in his corporation, he is saving and not consuming. That increases everything from risk capital to bank loans available to expand economic activity. As much as I disagreed with Stephen Harper's wisdom in eliminating income trusts, at least I understood that the rationale was to prevent decreases in corporate investment. Income trusts were thought to be offensive not because of the tax leakage (there was none as subsequent statistics show) but because they defeated the incentive that the tax system has for the retention of earnings in a corporation to fund investment.

    When we examine the current state of the economy and high level of personal indebtedness, it is clear that CANADA NEEDS MORE SAVINGS, NOT LESS. It needs more people to defer consumption and to provide risk capital to the economy. The proposals from this Government are nothing more than an attempt to collect revenue and suppress savings. . Well, no great country was built on the back of government spending and consumption. I had to cringe in that I heard the bureaucrats at Finance saying that the RRSP limits and TFSA limits define the "right" amount of savings and anyone who tries to save more should be taxed into being disabused from doing so! That is his idea of "leveling the playing field".  Presumably, if this is not enough to fund a comfortable retirement, the Government take care of the shortfall. This is the worst type of sophistry. All the more from individuals (the Finance Minister and Prime Minister) who have scarcely had to take any risks to attain economic security.

    Apart from the technically flawed argument for the proposals, the vilification of the "rich" is disgusting. I am a fan of Churchill when he said that capitalism is the unequal sharing of wealth while socialism is the equal sharing of misery. The Government's disregard for the entrepreneurs in our society is apparent. Their disdain for those who would take care of themselves and not be a burden on society is pronounced.

    Thank you for speaking out on this. If there is anything I can do to help I would be willing to. 

    John Brussa

    Partner and Chairman

    BD&P BURNET, DUCKWORTH & PALMER LLP Law Firm

    (Published with the Author's Permission)

    VERY well said. 

  12. 23 minutes ago, ArcticCrusher said:

    Oh, the white Christian, that's right and JT called that a terrorist act as soon as he knew the shooter was white. 

    Problem, what terrorist connection did he have?

    Unlike this chump who was investigated two years ago for extremist views and they did not consider him a threat at the time, so they got it wrong. 

    There is no requirement to be "connected" to terrorists for a terrorism charge. 

  13. 14 minutes ago, ArcticCrusher said:

    No system is infallible, but JT has since pushed through many more refugees with his ego trip and more mistakes will be made.

    No one said it was and I think few here agree with his accelerated refugee acceptance plan. But trying to blame the Liberals for this attack is idiot level party hackery. 

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