1. Welcome to SportsJournalists.com, a friendly forum for discussing all things sports and journalism.

    Your voice is missing! You will need to register for a free account to get access to the following site features:
    • Reply to discussions and create your own threads.
    • Access to private conversations with other members.
    • Fewer ads.

    We hope to see you as a part of our community soon!

Budget talks: This is getting nasty

Discussion in 'Sports and News' started by printdust, Jul 13, 2011.

  1. CarltonBanks

    CarltonBanks New Member

    Not saying it isn't a realistic solution...saying it is not a wise decision at this point with our economy as it is. If you raise taxes on the job creators they are going to make that money up some way or another...and unemployment will go up again. In a way the Republicans should let Obama raise taxes all he wants...this would ensure his losing the election in 2012 (not like I think he has much of a chance anyway). Unemployment would be around 15% if he got all the tax increases he wants. But the Republicans are doing the responsible thing and looking out for the country.
     
  2. The Big Ragu

    The Big Ragu Moderator Staff Member

    If I could tell you that, I'd be ready to retire by the end of the day.

    I am guessing stocks in general will open down, but not in panic-mode down territory. That's a pretty good guess, probably, based on how the S&P futures have been trading tonight. They are down, but it's not that drastic. 11 points or less than 1 percent right now. It's going to be wait and see kind of trading.

    It will jump on any news, and I can't predict the news. If there is no crazy news, I wouldn't think we are going to see panic tomorrow.

    I don't touch S&P futures or any equity futures and I don't trade stocks, so it's not my territory. Tomorrow is a day I definitely wouldn't be anywhere near them, anyhow, unless I knew something everyone else didn't, and I never know anything everyone else doesn't, unfortunately.

    I think things will be jittery tomorrow, but if there is no news, there won't be a big sell off. And there is as much possibility that a riot breaks out in Spain tomorrow as there is of anything happening in the U.S.
     
  3. Inky_Wretch

    Inky_Wretch Well-Known Member

    Is it time to move all our investments into canned food, ammo and firewood?
     
  4. YankeeFan

    YankeeFan Well-Known Member

    Along with Gold companies, you just named Glenn Beck's roster of advertisers.
     
  5. YankeeFan

    YankeeFan Well-Known Member

    It looks like the only priority left for the Dems at this point is to get an extension that goes beyond the 2012 election.
     
  6. YankeeFan

    YankeeFan Well-Known Member

    Nikkei off the worst levels of the day. Down 0.63%

    [​IMG]
     
  7. J Staley

    J Staley Member

    Right, the responsible/good shepherd job creators are just waiting for lower taxes to hire gobs of people. Because all smart business people hire based on prospective taxes, not demand or anything silly like that.
     
  8. YankeeFan

    YankeeFan Well-Known Member

    It would help if you could actually project your future tax rates & healthcare costs, among other things.
     
  9. J Staley

    J Staley Member

    You don't need a tax cut for that.
     
  10. YankeeFan

    YankeeFan Well-Known Member

    Who's proposing tax cuts?
     
  11. CarltonBanks

    CarltonBanks New Member

    stop making sense
     
  12. J Staley

    J Staley Member

    I was just going off what CarltonBanks had posted, thought you were too. My bad.
     
Draft saved Draft deleted

Share This Page