Us Dollar Worth Less Then Swiss Franc

[donnydarkoIRL]

#1 Von if we didn't recognize our debt the entire global economy would crash and then the US and China would be in a REAL war and not just dislike each other.


#2 Kirkland perhaps you could explain to me why Ireland is doing so well economically these days

Ireland was doing well economically.

The country had a massive surge in construction and development over the past ten years.
This was largely due to a surge in finance which could be attributed to smart trade by the government, entrepeneurism and in particular the use of Ireland's tourism industry.

Ireland also benefited from it's place in the European community and exploited it's green image when trading internationally.

In short, the governemnt made a great short term plan, which raised a huge amount of capital.

Unfortunately the Construction Industry is now in recess. Domestic, Industrial and Commercial construction is near a stand still, House prices are dropping and the country is undergoing an unemployment epidemic in the area of building services.

The government will now try to use the revenue that was earned and translate it into a new strategy.
So in fact the economy is buoyant, the past has ensured a bit of security for the future, but one could hardly say the economy is doing very well anymore.

[Kirkland Laing]

Plus they slashed their corporation tax rate and made their financial system more corporate-friendly.

Why Ireland Lyle ?

[El Kabong]

Plus they slashed their corporation tax rate and made their financial system more corporate-friendly.

Why Ireland Lyle ?

Because what they did and what happened with their economy destroys everything you believe in regarding taxes.

[Kirkland Laing]

Plus they slashed their corporation tax rate and made their financial system more corporate-friendly.

Why Ireland Lyle ?

Because what they did and what happened with their economy destroys everything you believe in regarding taxes.

In what way?

[El Kabong]

In that it boosted their economy, the continuation of that boost would happen if they lowered the taxes for the average everyday person therefore freeing up more for them to spend on things like houses, appliances, etc.....sales taxes give to the government too and if people spend more then they pay more sales tax and therefore the tax revenue increases



BTW why do people who don't trust the government always want MORE government Like why the fuck would Louis Farrakahn support Barrack Obama a DEMOCRAT which means HUGE federal government

[Kirkland Laing]

In that it boosted their economy.



BTW why do people who don't trust the government always want MORE government Like why the fuck would Louis Farrakahn support Barrack Obama a DEMOCRAT which means HUGE federal government

How does it mean that I don't know what I'm talking about re. taxes ?

And how did you find out about this? Where did you bump into this information?

You do realise that the Bush administration has grown the federal government by more than any other presidency, right ?

[El Kabong]

Yes I do recognize that the Bush Administration has grown the government to a huge extent. I don't agree with what he has done with that.

Re: taxes, I'm just giving you the way I view things....you apparently don't understand how much Americans dislike taxes