In response to:

In Fairness: The Puny Intellects of Mere Liberals

David4269 Wrote: Jul 22, 2012 1:22 PM
The 7.5 percent return on investment would be a reasonable assumption if the Democrats totally ran the country. After all, remember the 19-1/2 percent inflation that we had under Jimmy Carter? During that inflation period, it was easy to get 7.5 percent return on your money. Of course getting 7.5 percent during a period of 19.5 percent inflation would give you a net loss of 12 percent in purchasing power every year.
shubi_ Wrote: Jul 22, 2012 1:54 PM
Yeah, but to the commies that 7.5 percent profit is unconscionable and should be taxed more.
Topeka Wrote: Jul 22, 2012 11:31 PM
shubi, David,

shubi's right - the inflation would push everyone into higher tax brackets anyway and that has to be counted.

plus... inflation intrinsically benefits those who are given access to the money high on the food chain

that's why liberals love inflation - it truly is exactly what they claim "trickle down" is - they get the free money at the top, and it goes down to those with guaranteed incomes... the private sector doesn't even see any of it until it's a LOAN at Inflation+Interest. So until the inflation comes in a boom economy - it merely allows the TBTF level to invest and speculate and create bubbles.

CHP7747 wrote: Mr Ransom; You just painted a wide spectrum of honest, dedicated Public Employees with a tab brush. I was a California Highway Patrol Officer (OFFICER--out on the road, taking my chances) for 31 years. Every month, they took 10% for my retirement - Public Pensions are Another Form of Theft

Dear Officer Comrade,

No, actually I didn’t.

What I did do was point out that pretending, for example, that your CALPERS pension fund will get 7.5 percent return on investment when interest rates for a 30-year U.S. Treasury bond is 2.69 percent means that the pension will...

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