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	<title>Comments on: Investing 2010 &#8211; Whom Do You Trust?</title>
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	<link>http://toughmoneylove.com/2010/05/10/investing-2010-whom-do-you-trust/</link>
	<description>The Hard Truth about Money and Personal Finance</description>
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		<title>By: kitty</title>
		<link>http://toughmoneylove.com/2010/05/10/investing-2010-whom-do-you-trust/comment-page-1/#comment-7898</link>
		<dc:creator>kitty</dc:creator>
		<pubDate>Tue, 18 May 2010 20:45:35 +0000</pubDate>
		<guid isPermaLink="false">http://toughmoneylove.com/?p=5556#comment-7898</guid>
		<description>&quot;still think it was a gift Kitty&quot;
Even after they paid back some huge dividends? Silly me, I thought government made money on the bank part of TARP... Did you miss it when they mentioned it in every business-related publication?

On the subject of regulations. The problem is - while some of them may look good on paper, it&#039;s unintended consequences that&#039;s always a problem. Back when the economy was tanking in Russia in the 90s, one of their politician mentioned a phrase which was translated to English like this &quot;We wanted the best, you know the rest&quot;. I think this is what usually happens with government regulations. E.g. - set interest rate caps leads to restricted credit for businesses. I&#039;d imagine there could be more examples... Some regulations may be for the best - e.g. bringing back the uptick rule, eliminating naked short selling, etc. But they should be thought long and hard about.</description>
		<content:encoded><![CDATA[<p>&#8220;still think it was a gift Kitty&#8221;<br />
Even after they paid back some huge dividends? Silly me, I thought government made money on the bank part of TARP&#8230; Did you miss it when they mentioned it in every business-related publication?</p>
<p>On the subject of regulations. The problem is &#8211; while some of them may look good on paper, it&#8217;s unintended consequences that&#8217;s always a problem. Back when the economy was tanking in Russia in the 90s, one of their politician mentioned a phrase which was translated to English like this &#8220;We wanted the best, you know the rest&#8221;. I think this is what usually happens with government regulations. E.g. &#8211; set interest rate caps leads to restricted credit for businesses. I&#8217;d imagine there could be more examples&#8230; Some regulations may be for the best &#8211; e.g. bringing back the uptick rule, eliminating naked short selling, etc. But they should be thought long and hard about.</p>
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		<title>By: Jack Clark</title>
		<link>http://toughmoneylove.com/2010/05/10/investing-2010-whom-do-you-trust/comment-page-1/#comment-7888</link>
		<dc:creator>Jack Clark</dc:creator>
		<pubDate>Mon, 17 May 2010 05:09:48 +0000</pubDate>
		<guid isPermaLink="false">http://toughmoneylove.com/?p=5556#comment-7888</guid>
		<description>“ps- Don’t try that history revisionism on me. You liberals LOVE to SLAM President Reagan on his tax CUTS. But now he’s your hero because the DEMOCRAT congress he worked with raised a few taxes here and there?!?!”

Master Po,

You clearly do not have a grip on your history.  

A.  Reagan went with Tip O’Neill on the tax increases together.

B.  Reagan only cut taxes once in ’81.

C.  Reagan raised tax eight times over the next seven years and negated around 65% of the ’81 tax cut by the time he left office.

The taxes that were raised were far more than “ a few taxes here and there”.  The biggest increase came in ’82 the year after the tax cut.

Reagan and O’Neill raising taxes and keeping non-military spending somewhat in check are what began the ‘80s boom years.

There is nothing to slam.  Reagan is responsible for the biggest tax decrease and increase in our nation’s history, period. 

You just need to come to grips with the fact that the taxation done in ’82 and ’93 helped our nation economy immensely.  And that like it or not the Republicans currently are bringing nothing to the table to solve the problem.

The Left may not be doing a great job, but the Right is rudderless, clueless, and idealess.
You’re not going to win many elections being the party of No and with no ideas other than tired twenty year old ideology.</description>
		<content:encoded><![CDATA[<p>“ps- Don’t try that history revisionism on me. You liberals LOVE to SLAM President Reagan on his tax CUTS. But now he’s your hero because the DEMOCRAT congress he worked with raised a few taxes here and there?!?!”</p>
<p>Master Po,</p>
<p>You clearly do not have a grip on your history.  </p>
<p>A.  Reagan went with Tip O’Neill on the tax increases together.</p>
<p>B.  Reagan only cut taxes once in ’81.</p>
<p>C.  Reagan raised tax eight times over the next seven years and negated around 65% of the ’81 tax cut by the time he left office.</p>
<p>The taxes that were raised were far more than “ a few taxes here and there”.  The biggest increase came in ’82 the year after the tax cut.</p>
<p>Reagan and O’Neill raising taxes and keeping non-military spending somewhat in check are what began the ‘80s boom years.</p>
<p>There is nothing to slam.  Reagan is responsible for the biggest tax decrease and increase in our nation’s history, period. </p>
<p>You just need to come to grips with the fact that the taxation done in ’82 and ’93 helped our nation economy immensely.  And that like it or not the Republicans currently are bringing nothing to the table to solve the problem.</p>
<p>The Left may not be doing a great job, but the Right is rudderless, clueless, and idealess.<br />
You’re not going to win many elections being the party of No and with no ideas other than tired twenty year old ideology.</p>
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		<title>By: Rick Beagle</title>
		<link>http://toughmoneylove.com/2010/05/10/investing-2010-whom-do-you-trust/comment-page-1/#comment-7866</link>
		<dc:creator>Rick Beagle</dc:creator>
		<pubDate>Thu, 13 May 2010 17:05:11 +0000</pubDate>
		<guid isPermaLink="false">http://toughmoneylove.com/?p=5556#comment-7866</guid>
		<description>MasterPo,

Hmm, must be nice to go through life ignoring little things like facts in favor of your own opinion.  Whatever.  Go mingle with the Tea Party crowd, seems like you would be a perfect fit.

Peace.
Rick Beagle</description>
		<content:encoded><![CDATA[<p>MasterPo,</p>
<p>Hmm, must be nice to go through life ignoring little things like facts in favor of your own opinion.  Whatever.  Go mingle with the Tea Party crowd, seems like you would be a perfect fit.</p>
<p>Peace.<br />
Rick Beagle</p>
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		<title>By: MasterPo</title>
		<link>http://toughmoneylove.com/2010/05/10/investing-2010-whom-do-you-trust/comment-page-1/#comment-7861</link>
		<dc:creator>MasterPo</dc:creator>
		<pubDate>Thu, 13 May 2010 14:56:04 +0000</pubDate>
		<guid isPermaLink="false">http://toughmoneylove.com/?p=5556#comment-7861</guid>
		<description>We taxed ourselves into prosperity?!?!

When did this happen? I must have been asleep.

ps- Don&#039;t try that history revisionism on me. You liberals LOVE to SLAM President Reagan on his tax CUTS. But now he&#039;s your hero because the DEMOCRAT congress he worked with raised a few taxes here and there?!?!

Come down from the ivory tower. The thin air is causing damage to the gray matter.</description>
		<content:encoded><![CDATA[<p>We taxed ourselves into prosperity?!?!</p>
<p>When did this happen? I must have been asleep.</p>
<p>ps- Don&#8217;t try that history revisionism on me. You liberals LOVE to SLAM President Reagan on his tax CUTS. But now he&#8217;s your hero because the DEMOCRAT congress he worked with raised a few taxes here and there?!?!</p>
<p>Come down from the ivory tower. The thin air is causing damage to the gray matter.</p>
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		<title>By: Rick Beagle</title>
		<link>http://toughmoneylove.com/2010/05/10/investing-2010-whom-do-you-trust/comment-page-1/#comment-7859</link>
		<dc:creator>Rick Beagle</dc:creator>
		<pubDate>Thu, 13 May 2010 06:29:49 +0000</pubDate>
		<guid isPermaLink="false">http://toughmoneylove.com/?p=5556#comment-7859</guid>
		<description>&quot;Still waiting for you to show me a nation that taxed itself into prosperity.&quot;

You already asked this and got a in depth answer in the other post.  Succinctly, the US taxed itself into prosperity.


&quot;Poppy-cock!&quot;

The problem with Tea Party members is their insistence on continuing to roll around in their own ignorance.

Is it a jackass to water or horse?  Can&#039;t seem to remember the cliche. :-)

Peace.
Rick Beagle</description>
		<content:encoded><![CDATA[<p>&#8220;Still waiting for you to show me a nation that taxed itself into prosperity.&#8221;</p>
<p>You already asked this and got a in depth answer in the other post.  Succinctly, the US taxed itself into prosperity.</p>
<p>&#8220;Poppy-cock!&#8221;</p>
<p>The problem with Tea Party members is their insistence on continuing to roll around in their own ignorance.</p>
<p>Is it a jackass to water or horse?  Can&#8217;t seem to remember the cliche. <img src='http://toughmoneylove.com/wp-includes/images/smilies/icon_smile.gif' alt=':-)' class='wp-smiley' /> </p>
<p>Peace.<br />
Rick Beagle</p>
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		<title>By: MasterPo</title>
		<link>http://toughmoneylove.com/2010/05/10/investing-2010-whom-do-you-trust/comment-page-1/#comment-7858</link>
		<dc:creator>MasterPo</dc:creator>
		<pubDate>Thu, 13 May 2010 02:39:42 +0000</pubDate>
		<guid isPermaLink="false">http://toughmoneylove.com/?p=5556#comment-7858</guid>
		<description>Poppy-cock!

Still waiting for you to show me a nation that taxed itself into prosperity.

Just one.

Come on. Can&#039;t be that hard if taxes and more taxes are such a great thing.

Just one.</description>
		<content:encoded><![CDATA[<p>Poppy-cock!</p>
<p>Still waiting for you to show me a nation that taxed itself into prosperity.</p>
<p>Just one.</p>
<p>Come on. Can&#8217;t be that hard if taxes and more taxes are such a great thing.</p>
<p>Just one.</p>
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	<item>
		<title>By: Rick Beagle</title>
		<link>http://toughmoneylove.com/2010/05/10/investing-2010-whom-do-you-trust/comment-page-1/#comment-7856</link>
		<dc:creator>Rick Beagle</dc:creator>
		<pubDate>Wed, 12 May 2010 16:26:52 +0000</pubDate>
		<guid isPermaLink="false">http://toughmoneylove.com/?p=5556#comment-7856</guid>
		<description>Hmm....

Like the rest of your Koolaid drinking brethren you really are stuck in a rut.  Here is something for you to read from the NRO.  

http://article.nationalreview.com/431886/goodbye-supply-side/kevin-williamson?page=1

Now, go read, learn and quit parroting lines that have not basis in reality.
Peace.
Rick Beagle</description>
		<content:encoded><![CDATA[<p>Hmm&#8230;.</p>
<p>Like the rest of your Koolaid drinking brethren you really are stuck in a rut.  Here is something for you to read from the NRO.  </p>
<p><a href="http://article.nationalreview.com/431886/goodbye-supply-side/kevin-williamson?page=1" rel="nofollow">http://article.nationalreview.com/431886/goodbye-supply-side/kevin-williamson?page=1</a></p>
<p>Now, go read, learn and quit parroting lines that have not basis in reality.<br />
Peace.<br />
Rick Beagle</p>
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