Sorry Moe, I didn't mean to distract what you are trying to accomplish. This thread is getting interesting, I'm buckled in, but I would like some input from you on that place I mentioned at a later time.
Sorry Moe, I didn't mean to distract what you are trying to accomplish. This thread is getting interesting, I'm buckled in, but I would like some input from you on that place I mentioned at a later time.
Hey Irish Gal my maiden name is O'Rourke! I couldn't agree with u more! I'm Italian by injection! HaHa.
To Otis, my house was 100% financed. We had 3 children and the income to pay, just couldn't afford to save for a down payment. Be careful what u say. I have lived in this house for 12 yrs and never once over spent or cashed out. My son in law died and my daughter and grandson where left with nothing. I paid for the funeral along with his parents. I need a modification to help offset my monthly expenses. Not for one minute did I use my house as a bankroll. My taxes and heating have put me over the top. I find ur comments offensive.
Okay!!! Please are causing me immense joy from laughter on the site today!!!Originally Posted by otisanddinga
Otis -- I'm a sleezeball with 100% financing.
lmao . . . . . .
Have a lovely evening! lol lol lol
PETITION TO THE U.S. GOVERNMENT FROM AMERICAN HOMEOWNERS | Petition2Congress |
Tell your story on this thread -- Wall of Shame for the banks!
http://www.loansafe.org/forum/making...our-story.html
I agree AZ we are all a**holes. How dare somebody label me. They don't know my situation. Same as you! Im alittle pissed!
Welcome, evo13! Nice to have you here!
Moe I listen to Bloomberg here in the east on the sat radio. The tv news stations are a joke. You ever tune into New York news? It would make you head spin! So much garbage! All mindbending Sh*t!
Okay I had this long post I just erased. Wow this thread can get me goin. 100% financing as well. But thrilled to get it at the time. Absolutely thrilled. I'll never forget the feeling.
It is true that the more we make the more we are charged in taxes. Unfortunately, that is no longer anywhere near the case with the very rich. If the top 1% were to pay their share the way we have to pay, our country would be much better off. I work a second job and have to file a 1099 tax form so I lose most of what I earn. We have the deck stacked against us with the banks and the taxes.
I am so sick of news shows where they spend 20 minutes on a pet story or some other nonsense because there is no way they are going to actually give us news. Remember when a Harry Potter book was going on sale and the news stations all over the country were showcasing the long lines? Why wasn't NACA's long lines shown on TV? I was just surprised to see Marks on CBS Evening News for a few minute segment. Of course, they had to make sure they got that one comment in about how irresponsible we all are to have gotten into trouble.
Irish Gal, glad u approve! My father would be proud of what im attempting at Chase! Hope all is well with u.
Right On Caldwell, I couldn't agree with u more. I will stay here till pigs fly, I hope Chase knows that. This house is my dream. We have struggled though everything with it. I just need some help now. It will mean everything to my family. We didn't ask for higher taxes or situations that require more money to live. We haven't had overtime in 15 months. We are struggling right now. Sorry it was 100% financed. I guess to some people we are Sh*t.
My intent was to see how aware you are Moe, and possibly take you to a new level. It wasn't intended as chatter.
The top 1% don't pay their share?!
http://4.bp.blogspot.com/_otfwl2zc6Q...U/s400/tax.bmp
They pay 40% of ALL income taxes. 50% of the population pays NOTHING in income taxes.
Garry, I would just love to know how it's Otis' fault you can't pay your mortgage? Please explain that to me.
Maybe you're taking what I say to personal, try expanding your mind. This is not the place to talk about my home and has nothing to do with this conversation.
florida girl,
don't bother with the truth, they're on a roll and are the minority
I hope that was the last nail in your coffin Otis, kindergarten is down the street.
Re: Who owns Fox News? I warned Otis a few times about these meaningless comments that are used to distract from the Fox facts and debate. I then noticed on other threads and posts that this same BS was happening. With that said, my only choice was to ban this member.
Heck, maybe Fox and Murdoch used some of those billions of dollars to actually help people in some REAL way and they might have a forum you can join Otis. LOL, Yeah, good luck looking for that mirage!!
Fist of all, I have no problem with differences of opinion or even a shouting match back and forth here and there because I am mentally prepared to debate anyone on this subject. My request to whoever joins in here or chimes in, whether you're for Fox and the Murdoch empire or against them, to only comment if you have facts and words to contribute to a healthy discussion.
Second of all, why are you defending the top 1% riches people of the population who you do not know, nor do you know how they file taxes? I just do not get your point. Are you that rich and do you know anything about the tax system in our country? If so, please share and lets debate here because I am always ready to learn something new. Especially about these rich 1% ers. The only 1% ers I know ride motorcycles and they aint rich.
This is not about 100% mortgages and taxes. However, of course the pundits want to take the information they receive via their TV Gods on Fox and CNBC as the holy grail of reality when in fact it is just propaganda that has done its job with your brain. It has fooled you into becoming one of them and you couldn't be farther from them ever in the history of our country.
Let's shine the light back on Fox and the media Barron, Rupert Murdock and since you mentioned taxes flagirl, let talks about those taxes. Please, this is not attack, but a call out to you and your views about this and to please bring in some real information and back it up with some well chosen words. In fact I invite anyone.
You know why he's smiling flagirl? Because he has fooled ya and millions like you. That's why!
BBC News | e-cyclopedia | Tax free: Rupert Murdoch's zero status
Rupert Murdoch Tries to Avoid a $1 Billion Tax Bill - CFO.comMedia baron Rupert Murdoch stands accused of no such wrong-doing. But the reputation of his myriad companies for tax avoidance - using legally safe loopholes to reduce tax payments - has been well documented.
A report in this week's Economist newspaper offers an intriguing update. It states that in the four years to 30 June last year, Mr Murdoch's News Corporation and its subsidiaries paid only A$325m (£128m) in corporate taxes worldwide. That translates as 6% of the A$5.4bn consolidated pre-tax profits for the same period.
By comparison another multi-national media empire, Disney, paid 31%.
Rupert Murdoch Tries to Avoid a $1 Billion Tax Bill
The FCC is not the only federal regulatory agency that may have issues with News Corp.'s planned purchase of Chris-Craft.
Craig Schneider, CFO.com | US
http://www.nytimes.com/2007/06/25/bu...gewanted=printJanuary 16, 2001
Talk about being stuck between a rock and a hard place. "Any tax problems will be precipitated by these FCC directives," Willens says.
And this is no small issue. He believes that if News Corp. faces corporate taxes, it will have to pay as much as $1 billion.
To avoid the hefty corporate level taxes, News Corp. has a back-up merger structure ready to go. Under this alternative plan, the Chris- Craft assets would wind up retaining their identity rather than dissolving under the Fox name. This move would enable News Corp. to avoid paying corporate taxes on the transaction.
Mr. Murdoch has an army of outside lobbyists, who have reported being paid more than $11 million since 1998 to address issues as diverse as trade relations, programming decency and Internet regulation.
One firm focuses almost exclusively on parts of the tax code that affect the News Corporation. By taking advantage of a provision in the law that allows expanding companies like Mr. Murdoch’s to defer taxes to future years, the News Corporation paid no federal taxes in two of the last four years, and in the other two it paid only a fraction of what it otherwise would have owed. During that time, Securities and Exchange Commission records show, the News Corporation’s domestic pretax profits topped $9.4 billion.
The News Corporation’s outside lobbying team has been a veritable political Noah’s ark. It has included Republicans like Ed Gillespie, former Republican Party chairman; former Senator Alfonse M. D’Amato of New York; and the firm headed by former Mayor Rudolph W. Giuliani of New York. But it has also included former Democratic members of Congress, as well as several high-ranking Clinton administration officials, including Jack Quinn, former White House counsel.
Mr. Murdoch’s association with the Clintons is perhaps the best example of his ever-morphing relationships with the powerful, and theirs with him. For years, the former president was a favorite target of The New York Post, which seemed to delight in referring to him as “former horndog-in-chief.”
Best Regards,
Maurice Bedard
Founder of LoanSafe.org
DISCLAIMER: The comments by me and the materials available at this web site are for informational purposes only and not for the purpose of providing legal advice. Most of the information you find here is easily available on the internet. You should contact your attorney to obtain advice with respect to any particular issue or problem. The opinions expressed at or through this site are the opinions of the individual author and may not reflect the opinions of the firm or any individual attorney. Please Read our Privacy Policy and Legal Disclaimer Here.
I would never have thought that on this site of all places there would actually be people trying to defend the rich. The truth is that the top 1% no longer pay their fair share of taxes. That came about as a direct result of the Bush Administration's revising the tax codes. I suppose we should also be defending the right of corporations to export their manufacturing so they do not have to pay Americans a decent wage? Our country was sold out and it will be a long road back. It pains me to think some people still actually do not know they have been sold a lie. Maybe if we all just work a little bit harder we can all be rich some day. That is why we should preserve the unfair tax situation in this country. Makes absolutely no sense.
This is why Riley and there is no other explanation. How do you think Hitler convinced his nation to follow him and support him in the killing of millions of Jewish people? One word,
PROPAGANDA!
That is what these banks and mega corporations do.Propaganda is generally an appeal to emotion, not intellect. It shares techniques with advertising and public relations, each of which can be thought of as propaganda that promotes a commercial product or shapes the perception of an organization, person or brand, though in post-World War II usage the word "propaganda" more typically refers to political or nationalist uses of these techniques or to the promotion of a set of ideas, since the term had gained a pejorative meaning, which commercial and government entities could not accept
They issue propaganda on the news that they control to convince its viewers that they are good and can be bailed out. However, homeowners cannot be helped and main street are a different class. They do not deserve help and should have known better is how they feel.
Excuse me, but isn't that bigotry?
It is unbelievable that the Main Street population who is soooooooooooooooooooooooooo far away from these clowns in income and lifestyles, yet they take their every word like it is the holy grail to LIVING OUR LIVES. How can someone who makes millions and millions a year relate to someone who has no job and is about to be foreclosed on?A bigot is a person obstinately or intolerantly devoted to his or her own opinions and prejudices.
They can't, won't and think you are of a lower class. Plain and simple. But hey, as long as you're fooled into watching their shows and pumping up their ratings numbers, they'll take you just as long as you only view them through that box called a TV and support their views because if you do not, YOU'RE WITH THEM AND THE TERRORISTS!
TV and news is the single, most powerful weapon of mass mind control that was ever invented. This man, Murdoch is essentially controlling millions of peoples minds (Fox viewers) and they do not even know it. Just like the German population did not know Hitler was using these same techniques.
PLEASE WAKE UP PEOPLE!!!
This picture says it all.
Best Regards,
Maurice Bedard
Founder of LoanSafe.org
DISCLAIMER: The comments by me and the materials available at this web site are for informational purposes only and not for the purpose of providing legal advice. Most of the information you find here is easily available on the internet. You should contact your attorney to obtain advice with respect to any particular issue or problem. The opinions expressed at or through this site are the opinions of the individual author and may not reflect the opinions of the firm or any individual attorney. Please Read our Privacy Policy and Legal Disclaimer Here.
I like how people toss around numbers as if they pertain to their argument... "50% of the population pays nothing in taxes"
Did you ever stop to think about this claim? Why would you think children up to the age of 18 years old would pay taxes? And retired people?
Since we're tossing out numbers...the top 50% of all taxpayers pay 96% of all taxes.
The problem is in what % of a persons income is payed in taxes. I pay about 30% of my income in taxes. A person earning 100 million a year doesn't pay $30M in taxes, as an example. This is the problem, the percentage of income paid, not the percentage all taxes paid.
Good advise from Otis...
Not bothering with the truth seems to have served him well in life!
That is exactly what is wrong with the tax structure in America. We can work as hard and long as we possible can, but we will never get anywhere.
When you pay 30% of your income in taxes and you only make around $100,000 that leaves you with $70,000. In some states everything is taxed in the stores as well so the taxes really add up. We haven't even talked about real estate taxes and they are skewed in the rich's favor...big surprise. In my town there are millionaires living on the beach who pay around the same taxes as I do 7 miles from the ocean.
Why?
The real estate taxes are based on a Homestead Act and can only go up 3% per year. The homes of the very rich I am referring to were bought a few decades ago so they are protected from the runaway real estate taxes here in Florida. Also, places like the Daytona Speedway and other sports arenas are often given tax breaks and even our tax money is used to improve roads and airports, etc. just for them. It is really out of control.
Moe has it right as usual because PROPAGANDA has been used to control people.
Hear hear! Deniel and Riley! Same thing sort of in CA. It's called Prop 93. I pay obscene property taxes on my home compared to what my neighbor pays. All depends on when you buy the home.
I like the name FAUX News. Do they put the "Fox News" logo on the bottom of the screen when Beck is on? I thought he calls himself a commentator or entertainer or some silly thing.Sorry Moe..
Now to FOX: I would even go that far to say that they shouldn't be allowed to be named FOX NEWS.
Great points Denie and you are spot on. Thanks for bringing some facts to the discussion, instead of just news facts.
Yup Caldwell, this was done to perpetuate more speculation and prolong the crash. As time kept going, the mortgage scam had to be held up by nonsense laws and hidden breaks to prop up the bubble. Just like now they give $8,000 to first time homebuyers to buy these foreclosed homes. Government knows that the Real Estate market is what makes Main Street tick and thrive. It is not the fixing of loans, but the buying and selling of homes that will lead us into a consumer recovery.
Riley - Fox News did no real reporting during the looting of Main Street and these fraudulent activities over the last 5 years. They were too busy pushing wars and mortgages on us.
They do put the Fox News logo on Beck's TV program. Maybe they would follow our story of losing our homes and no jobs?????
[YOUTUBE]W3J_QLtYqlk[/YOUTUBE]
Helping Main Street does not fit in the corporate news business model.
Corporate propaganda - Wikipedia, the free encyclopedia
Corporate propaganda
It is sad to say, but our government KNOWS EXACTLY what is happening to you all and they are cooperating with the banks by turning a blind eye to Main Street. They are never going to listen to these pleas for help and have not for 3 years now.are propagandist claims made by a corporation (or corporations), nearly always for the purpose of manipulating market opinion to the benefit of their product or to divide public opinion with regard to controversial issues related to that corporation, and its associated business dealings. Corporate propaganda is distinct from advocacy. Advocacy presents product and service information fully, fairly, and without exploitation of consumer emotions. Just as the use of these products and services can provide pluses which outweigh the minuses to society and individuals, their advocacy may function more positively than negatively.
The most common forms of corporate propaganda are advertising and public relations.
Why? They feel it must happen to revive the economy and their must be sacrificial consumer lambs who must be fed into the foreclosure fire for the common good of our country. Time for a new breed of high bred consumer to come in and take your place.
THIS IS JUST ANOTHER EXAMPLE OF CORPORATE PROPAGANDA WORKING IN CONCERT WITH GOVERNMENT PROPAGANDA.
Main Street CANNOT win against those odds.
Best Regards,
Maurice Bedard
Founder of LoanSafe.org
DISCLAIMER: The comments by me and the materials available at this web site are for informational purposes only and not for the purpose of providing legal advice. Most of the information you find here is easily available on the internet. You should contact your attorney to obtain advice with respect to any particular issue or problem. The opinions expressed at or through this site are the opinions of the individual author and may not reflect the opinions of the firm or any individual attorney. Please Read our Privacy Policy and Legal Disclaimer Here.
People need to understand that I am not anti-government or anti capitalism. I just know how our world works and how government has operated since the beginning of US history.
Our government has always worked hand and hand with banks and mega corps to develop our country. In this business relationship somewhere down the line in the early 1800's, many in government were corrupted by this money and power that these mega corps had on them.
Now, it is a cancer on Capitol Hill that has been running unabated for almost 200 years. Our freedoms and lives have been trampled on for the last 200 years all for corporate profit.
News is the corporate vehicle to steal and lie to us. We MUST put an end to these vehicles of MASS DECEPTION by boycotting them. I NOW feel that this would bring the change we need and deserve. Death to old media and mega news corps should be our mantra.
Best Regards,
Maurice Bedard
Founder of LoanSafe.org
DISCLAIMER: The comments by me and the materials available at this web site are for informational purposes only and not for the purpose of providing legal advice. Most of the information you find here is easily available on the internet. You should contact your attorney to obtain advice with respect to any particular issue or problem. The opinions expressed at or through this site are the opinions of the individual author and may not reflect the opinions of the firm or any individual attorney. Please Read our Privacy Policy and Legal Disclaimer Here.
Found another interesting truth: Warren Buffett said that although he makes millions every year, he gets paid in dividends which are taxed at 15%. His secretary is paid in wages which are taxed at 30%. That is another way the rich get over on us.
I am not against capitalism and believe that education and hard work are the key to a good life. However, I was never delusional enough to ever think I would be okay without a regular job. Now, we are left with little or no jobs because corporations were allowed to get too big and they ****ed the life out of our economy. Remember when they started shipping jobs out of the country? There had to come a time when there were not enough working people left with enough income to buy the products being made elsewhere. Once that happened, the federal, state, and local governments began to run out of money. The only ones left will be the police to keep people in order. How will the local economies continue to support services like firemen and teachers without tax revenue?
I agree Moe, it's pathetic when you have to keep flipping channels to find some kind of truth, lately all I see is book salesmen and them trying to get you to text message so they can cash in. I'm also sick of ideologies, I want logic and truth. I will not be part of any party because of ideologies, My vote is not one they can consider "in the bank". My view of fox is total anti-american for the way they are acting and working against the President. We are at a point in time where we should be joining togther and trying to save our country. The R-party just doesn't seem to get this or care. If we do not get through this, there may not be a next big election. How can they be to stupid to see this? They are still trying to keep us devided when we need to unite as one. Save the childs play until we get through these bad times, then we can get back to kindergarten politics if that's what they want, but I would prefer not to see it ever again.
I am also sick of the war machine, or what I now consider "building the perfect world machine". It doesn't matter if we agree with it or not, It needs to stop turning until we fix the damage that has been done to our own country. We are not cry-baby's, we are hurting and they need to fix it. I want my troops home, I do not believe the B.S. I'm being fed by any of them. I call it the free stimulus package, bring them home so they can be with their family's for Christmas, the paychecks they are spending over-seas could be being spent here. We are stimulating the wrong economy.
Now maybe I will share some thoughts on 911, it's an ugly subject and may offend some. that's not my intent. That was not a terrorist attack on us, it was an act of retaliation against our Government "the Perfect World Machine". They did not target a city, they targeted the Government and we where just victims of that. It was a real attack, not everyone believes this, then it was used as a tool to continue an agenda and push it faster along. We have no say in this at all, they will continue, all we can ask is that they fix the damage they have caused to this country, whether it was intentional or not.
Feel free to delete any of this that I have said Moe if you dis-agree or think this is not the place, I will not be offended.
I'd like to be clear on one thing...I wasn't suggesting that someone making $100M a year should pay 30% of their income because that's what I pay, I'm suggesting we need a better system of taxation. Personally, I like the use tax idea. This way everyone pays...specifically those that now have unreported income. Drug dealers and other illegal "businesses" would now pay into the system as well as legal, but unreported income earners.
Things, other than food as such, could be taxed at different rates depending on the necessity of the item for basic living purposes. Things like boats and motorhomes might be taxed more than kitchen appliances. Cars under $25K one rate, cars over $100K another and so on.
Just my .02 cents.
Colin Powell said it years ago...we have to be careful not to build a war industry. And, years later, that's exactly what we now have.
What gets me is that people go nuts at the suggestion that we make heath care something everyone should get, yet don't care that spend billions on the war industry.
Socialized heath care...bad!!! Socialized war industry...good!!!
I don't get it.
Heres what pisses me off, I was watching Cooper 360 and hes showing us how bad the war is, he's in a dug-out that gets fired upon and he's talking about how it's one on one out there. This is because they want to send more troops and they're trying to convince us that they have to do it. In reality, they want to build a Democratic Nation, just like they did in Iraq, thats all they want to do. They show fire coming from the brush and say see, we don't even know where it's coming from and we are shooting blind, by the time we can send anyone down there, they're gone. Have you ever watched a show where they are searching for grow houses to bust them? They look for a heat trace. The barrel of a gun also puts off a heat trace and so does the person firing it. They can pin-point the trace in the blink of an eye. They play us for fools like they don't have that type of technology, gotta have more troops. What a bunch B.S. they just need more troops to take over another Nation. They're still over there rebuilding Iraq, that's right, we're loosing our homes, while our Gov is rebuilding them for free over in Iraq. Gotta show these people what a grand thing we have done so theres no hard feelings, you know, throw them a bone.
Meanwhile, they've destroyed our nation to achieve an agenda. They can't prosecute Wall street or the banks, It was the Gov that let this happen, they gave the keys away, everyone else was just playing follow the leader and we are the end product. We where played for ****ers.
Try looking it up. 47% of HOUSEHOLDS. That means 47% of people who file a tax return, and doesn't include children or the unemployed.
http://money.cnn.com/2009/09/30/pf/t...axes/index.htm
You pay 30% income tax? That means your taxable income is somewhere in the $300-400k range.
A person earning 100 million a year, if that is his taxable income, would pay $35 million in taxes.
Actually he would pay a bit less
His first $372,950 would be taxed at 15-33%
Only the excess taxed at 35%
Did you know that the number of households / tax filers who have zero or negative tax liability increased under the Bush administration due to those tax cuts? Seems you're the one who has been sold a lie in Obama's effort to "redistribute the wealth."
Just because I have a different point of view about our tax system, how does that suddenly translate into defending the right of corporations to export their manufacturing? You are making a big leap there. Talk about propaganda!
Oh you're right. $34,977,684.
Studies I have read do show the transfer of weath from the middle class to upper class under the Bush policies. Yes, more in the lowest class are paying no taxes.
The $10 million person would be paying 39.6% in top bracket, pre Bush cuts and the economy did very well and he had a surplus (under Clinton).
In Europe would probably being paying about 70% tax including VAT etc.
Pre 1986 would be paying 70% on income over $52,000 if from non wage income and 50% if from wages and the economy did very well.
Overall the richest in the U.S. enjoy some of the lowest tax rates in the world and far less than with prior U.S. tax rates. Again when we had a thriving economy and not the huge deficits of today. The ultra wealthy in my view who have benefited the most from our capitalistic system should pay higher tax rates on say over $372,950. At least the 39.6% before the Bush cuts.
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