RECESSION?? Can You tell.......................

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  #32  
Old 01-21-2008, 10:40 AM
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Originally Posted by ironeagle2006
Twilight were I lived at we got gas right up to the attacks for right at 1.10-1.20 a gallon in fact the customers screamed if it hit over 1.25-1.30 a gallon.
Then this magical land you lived in was the exception, not the rule.

Rev the reason CLinton did what he did was simple called he was not in the Oil Companies Back Pockets and was actually looking out for the middle class instead of the Super Rich.
Are you really that delusional?

Tell me this who got 99% of Bush and Regans tax cuts the Upper 1% and Big Businesses
You're absolutely right. The ones who actually paid the majority of the taxes got the biggest amount of the tax cut.

so they could ship the good paying jobs overseas and gut the middle class.
ROFL
 
  #33  
Old 01-21-2008, 11:02 AM
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Twilight under Regan and Bush the 80% meal dedction was taken away from OTR truckers for expenses on the Road. Put it to you this way under Regan and Bush 1 my folks normally paid in simply because my father was an OTR trucker regardless of how much or little he made. Under Clinton that was restored were people that are effected by any and HOS regulations can deduct 80% of their meal espenses or the standard amount given them by the IRS. Under Bush 2 my parents every Year are back having to pay again into the IRS and my mother who is the only one that works dad is disabled blind in one eye and also lost a lung and some other issues former OTR driver 30 years. Now they get hit with the AMT regardless and have to pay here is the rub mom claims ZERO and Single on her W-4 and has an extra 40 a week taken out how in the HELL is she having to pay every year considering the first 32K of SS is tax free. They have one annuity Hers and her 401k and Pension that they have not touched yet they are getting slammed. With Clinton they were able to get ahead and get all those going and since Bush hit they have not been able to do anything at all.
 
  #34  
Old 01-21-2008, 11:16 AM
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Originally Posted by ironeagle2006
Twilight under Regan and Bush the 80% meal dedction was taken away from OTR truckers for expenses on the Road. Put it to you this way under Regan and Bush 1 my folks normally paid in simply because my father was an OTR trucker regardless of how much or little he made. Under Clinton that was restored were people that are effected by any and HOS regulations can deduct 80% of their meal espenses or the standard amount given them by the IRS. Under Bush 2 my parents every Year are back having to pay again into the IRS and my mother who is the only one that works dad is disabled blind in one eye and also lost a lung and some other issues former OTR driver 30 years. Now they get hit with the AMT regardless and have to pay here is the rub mom claims ZERO and Single on her W-4 and has an extra 40 a week taken out how in the HELL is she having to pay every year considering the first 32K of SS is tax free. They have one annuity Hers and her 401k and Pension that they have not touched yet they are getting slammed. With Clinton they were able to get ahead and get all those going and since Bush hit they have not been able to do anything at all.
I hate to provide accurate information.... But, Congress passed a Bill that repeals the AMT for 1 year.... And the economy that Slick Willie inherited was due to the programs in put in place by Congress under Reagan's and 41's presidency's..... Again you are clueless.... :lol:
 
  #35  
Old 01-21-2008, 11:20 AM
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Wow. The ignorance shown in this thread, as well as the selective memory, is astounding. I'm waiting for golfhobo to show up and claim Bush stole the election.
 
  #36  
Old 01-21-2008, 11:27 AM
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Can't we all just get along? :roll:
 
  #37  
Old 01-21-2008, 11:28 AM
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Originally Posted by Rev.Vassago
Wow. The ignorance shown in this thread, as well as the selective memory, is astounding. I'm waiting for golfhobo to show up and claim Bush stole the election.
:twisted: :twisted: Hey, Rev!!

I RESEMBLE that remark!! :twisted: :twisted:
 
  #38  
Old 01-21-2008, 11:31 AM
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Lets then give Regan some credit then. LIKE ARMING OSAMA BIN LADEN IRAN IRAQ AND EVERY OTHER TERRIOST GROUP IN THE 80'S. Also being the first to cut and run when casulties got high anyone remember the Beruit Embassy Bombing were 245 Marines died in 1983 all he did was fire a few 16 inch shells into Lebanon and then pulled our troops out. Iraq hit the USS Strak in 1987 with an Exocet missle we did nothing about it. Hezbollah terrorists killed a Navy Diver in the TWA hijacking Nothing done. He showed we were a paper tiger and the terriorts groups saw that and got bolder.
 
  #39  
Old 01-21-2008, 11:31 AM
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I can't tell you what the exact price of fuel was at the time, but I remember voting for W.Bush because I was pi$$ed at the price of fuel and I thought he would do something to relieve it.
I think that's the year that I registered to vote, and it was to vote for Bush (and cheaper fuel)

I'm going to chalk that decision up to a learning experience. :lol:
(I still wouldn't want Gore though.)

Having said that, if you want cheap fuel use less of it, that's the only way to fix the problem. We only have ourselves to blame for high energy prices. (not that I don't think there's some unscrupulous behavior at play)A lot of Americans are gluttons.
We want big houses with open foyers and cathedral ceilings (that's where all the heat goes). Cost more to heat it and cool it.
We want big engines that have POWER be it in a car, truck or SUV. (I'm severely guilty of this one myself, however I blame my small.........never mind )

As far as a recession, I think it's going to get ugly for a while. Too many people lived beyond their means for too long. Now it's time too pay.

I heard something the other day that really teed me off concerning fuel. I was listening to CNBC and the lady said if you think the slowing economy will have an impact on fuel prices you're wrong. Refiners are going to cut production to keep their profit margins up. :shock: Huh?????
 
  #40  
Old 01-21-2008, 11:46 AM
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Originally Posted by RostyC
I was listening to CNBC and the lady said if you think the slowing economy will have an impact on fuel prices you're wrong. Refiners are going to cut production to keep their profit margins up. :shock: Huh?????
What we need to do is build more refineries but the government doesn't want us to so the refiners are forced to revonvate or expand their current refineries. I live by Conoco Phillips formerly Shell Oil formerly Standard Oil and they have expanded and in Hartford (Illinois) it's Valero.
 

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