Buffett Speaks... You better listen

[unwashed]

My US History degree is fortunately bipartisan, so how about I fix some of the misinformation on the thread.

The first President to send troops to Vietnam was Eisenhower. Not, JFK, LBJ, Nixon.

Lets dig deep then, In September 1950, US President Harry Truman sent the Military Assistance Advisory Group (MAAG) to Vietnam to assist the French in the First Indochina war. The President claimed they were not sent as combat troops, but to supervise the use of $10 million worth of US military equipment to support the French in their effort to fight the Viet Minh forces.

 

[unwashed]

This is why is has been referred to as the 10000 day war.

 

[fischman]

Keep digging

http://en.wikipedia.org/wiki/Military_Assistance_Advisory_Group


In September 1950, US President Harry Truman sent the Military Assistance Advisory Group (MAAG) to Vietnam to assist the French in the First Indochina war. The President claimed they were not sent as combat troops, but to supervise the use of $10 million worth of US military equipment to support the French in their effort to fight the Viet Minh forces.

On 1955-02-12 at a conference in Washington, D.C., between officials of the U.S. State Department and the French Minister of Overseas Affairs, it was agreed that all U.S. aid would be funneled directly to South Vietnam and that all major military responsibilities would be transferred from the French to the MAAG under the command of Lieutenant General John O'Daniel. A problem arose however, because the French Expeditionary Force had to be departed from South Vietnam in April of 1956 as directed by the Accords. To fill the void of lost French soldiers, the MAAG mission was increased to 740 men by the end of June.



Truman sent in accountants. Eisenhower sent in soldiers.

 

[pilotyip]

You have no idea

Hi!

Reagan, and Bush Sr. KEPT THE HOSTAGES in Iran until the Presidential Election was over. Iran would've released them during Carter's presidency, but Reagan/Bush figured he would pull the election out, so they took action with Iran to KEEP THEM IMPRISONED, until Reagan was in office.

NICE!

I would LOVE to be a POW and have the leaders in my country keep me imprisoned longer, just for their own political (or monetary) gain.

cliff
GRB

You have no idea what Reagan did to release those guys. But I would bet it went like this "Hi, this is Ron in 50 days I will be Commander in Chief of the US Military. If the hostages are not released within 24 hours of me being the boss in the US, your country will cease to exist as a civilized country with infrastructure, have a nice day” This will never be public because it might hurt someone feelings. Will Obama bring us the same sense of security?

 

[gunfyter]

I think it was the T-shirt I wore in 1980 that I got at the Marine Shop in Quantico ...

made in USA
tested in Japan
Screw with us and
we'll drop it on Iran
​

with a picture of a big mushroom cloud.

But President Obama can ask Amadinajad when he talks to him without precondidtion ... he was one of the terrorist hostage takers in 1979.​

 

[Ultra Grump]

Ahmadinejad is a powerless puppet. Doesn't matter what he did, or who talks to him.

 

[8sugarsugar]

This is because in the U.S. if someone doesn't have something they will take it from someone that does. It's kinda like trickle down economics, with a Detroit twist.

Seriously though, the U.S. is becoming a giant welfare state, and worse yet, we're paying for it all with monopoly money. When will people learn that you can't run a business, government, or for that matter your own personal finances on credit and expect it to end well.

Remember when I told you that you're going to be a lot less liberal after you upgrade to captain and realize how much more taxes you pay...looks like what I said is coming true

 

[Way2Broke]

Remember when I told you that you're going to be a lot less liberal after you upgrade to captain and realize how much more taxes you pay...looks like what I said is coming true

I'm one of the most hated things in this country, a moderate. <gasp, I try to see both views and make up my own mind> I have always hated taxes, probably because I am from Tennessee where they have at least one thing right. NO STATE INCOME TAX. You only pay taxes, when, and if, you decide to spend your money. Figures, when I finally start making a dollar the rest of America goes broke, and the cost of everything sky rockets.

I think that living in a state ran by a Canadian and in a suburb of a city ran by a murderer is wearing off on me. It doesn't take much to figure out why Michigan is in such a slump, the people running the show up here are morons. The news up here is far more entertaining than any TV show on. I record it on the DVR now so when I need a good laugh I can have it instantly.

 

[atpcliff]

Hi!

I actually went from Capt to FO, and had the worst tax year of my life, due to the AMT.

The AMT was designed so EVERYONE would pay taxes (there were about 80 rich people in the 1960s that didn't pay taxes, which outraged the public and led to the AMT).

So, now that we have the present day AMT, there are STILL people who make millions and pay no taxes, and the middle/upper-middle classes get HAMMERED by the AMT. If you make over $500K it doesn't affect you at all.

cliff
YIP
PS-I'm looking forward to going back to Capt this year, and my tax rate will go down.

PPS-Oh, also Buffett says the current tax code is horrible. The wealthiest Americans are paying no where near their share, and the middle class is getting raped.

 

[gunfyter]

All the more reason for the FairTax....

 

[atpcliff]

Hi!

EXACTLY!!!

Fair Tax
National Sales Tax
Flat Income Tax

Whatever. Let's do SOMETHING and fix the corrupt system we have!!!

cliff
YIP

 

[pilotyip]

As proven in the US back in the 50's and 60's if you tax the rich excessively, they take their money someplace else; they invest in marginal tax break deals. The Brits drove most of the wealth out of their country with their tax rates until Maggie came along and revitalized Britain. IRS Tax collections have averaged around 20% of GNP no matter what tax rate is out there. The prosperity of the 80's and 90's was directly tied tot the Reagan tax cut. So much for tax tghe rich.

 

[fischman]

As proven in the US back in the 50's and 60's if you tax the rich excessively, they take their money someplace else; they invest in marginal tax break deals. The Brits drove most of the wealth out of their country with their tax rates until Maggie came along and revitalized Britain. IRS Tax collections have averaged around 20% of GNP no matter what tax rate is out there. The prosperity of the 80's and 90's was directly tied tot the Reagan tax cut. So much for tax tghe rich.

There is a little icon on the upper right portion of the screen when you are typing that has an "abc" with a check mark. You should use that.

 

[SIG600]

It's actually your fault.

That made me laugh out loud.

 

[pilotyip]

thanks

There is a little icon on the upper right portion of the screen when you are typing that has an "abc" with a check mark. You should use that.

My fourth grade teACHER WANTED TO HOLD ME BACK A YEAR BECASUE OF MY SPELLING, BUT i HAD won the scholl maht bee, so she let it ride. BTW did that prevent you from getting the content of the message?

 

[RTRHD]

You guys are trying to solve all the problems again. Am I the only one that knows, its all about FLUORIDATION MAN. General Jack Ripper was right..........:nuts:

 

[Colonel Savage]

Very intertaining htread guys (I did that on purpose). As a matter of fact, I'm so inspired, I may apply to a fractioanl so i can fly with some of you!

I am not drinking. I did that hours ago...

 

[AvroJockey]

There is a little icon on the upper right portion of the screen when you are typing that has an "abc" with a check mark. You should use that.

...or you could use a real computer (Mac) and it will check your spelling and grammar as you type, in any application, anytime!

 

[flyjetspeed]

You guys are trying to solve all the problems again. Am I the only one that knows, its all about FLUORIDATION MAN. General Jack Ripper was right..........:nuts:

Heh Heh one my favorites buddy! This one's for you.


Group Capt. Lionel Mandrake: Uh, Jack, Jack, listen, tell me, tell me, Jack. When did you first... become... well, develop this theory?
General Jack D. Ripper: Well, I, uh... I... I... first became aware of it, Mandrake, during the physical act of love.
Group Capt. Lionel Mandrake: Hmm.
General Jack D. Ripper: Yes, a uh, a profound sense of fatigue... a feeling of emptiness followed. Luckily I... I was able to interpret these feelings correctly. Loss of essence.
Group Capt. Lionel Mandrake: Hmm.
General Jack D. Ripper: I can assure you it has not recurred, Mandrake. Women uh... women sense my power and they seek the life essence. I, uh... I do not avoid women, Mandrake.
Group Capt. Lionel Mandrake: No.
General Jack D. Ripper: But I... I do deny them my essence.

 

[blueridge71]

Buffett may be a smart business guy, but when he said that he thought we didn't pay enough in taxes he definitely convinced me that his political brain isn't quite as good. Maybe it is just a case of white, millionaire guilt like many Democrats. For whatever reason, he doesn't understand that tax increases in a period of slow growth are a sure fire way to get a recession. On the other hand, tax cuts, as enacted under Coolidge, Kennedy, Reagan, and Bush, tend to help the economy to grow.

Think about it this way. If you tax the rich, then they may decide not to buy a share with your company. If they don't buy a share, your company doesn't hire more pilots or buy more aircraft. If you don't buy more aircraft, the aircraft manufacturers suffer. So do FBOs, maintenance firms, cleaning companies, etc. Without their jet, the rich guys are not as productive, so they pay fewer taxes. They also don't pay fuel taxes, ramp fees, flowage fees, tourism fees, etc. to city and local governments. When the rich suffer, everybody suffers. This is trickle down, supply side, economics. On the other hand, you could assume that all rich people are stupid and spend the same regardless of the tax consequences.

I strongly support the right of people who believe that they don't pay enough in taxes to send in more and/or not cash their rebate check. However, as for me and my family, we pay plenty and, as for what's left, I think that I can spend it smarter than the government.

And, oh yeah, the Fair Tax rocks. Just look at Ireland and the Eastern European countries that have enacted flat taxes and lower corporate tax rates. Their economies are growing at phenomenal rates.

"Get out of the way." - John Galt

 

[blueridge71]

.

Seriously though, the U.S. is becoming a giant welfare state, and worse yet, we're paying for it all with monopoly money. When will people learn that you can't run a business, government, or for that matter your own personal finances on credit and expect it to end well.

I agree with you on the debt, but at least we aren't as bad off as Zimbabwe. Inflation there is running at about a million percent (seriously) under Robert Mugabe and his communist/socialist regime. Germany recently pressured a German company into stopping shipments of blank banknotes, which were filled in increasingly high denominations as inflation soared.

 

[RTRHD]

Heh Heh one my favorites buddy! This one's for you.


Group Capt. Lionel Mandrake: Uh, Jack, Jack, listen, tell me, tell me, Jack. When did you first... become... well, develop this theory?
General Jack D. Ripper: Well, I, uh... I... I... first became aware of it, Mandrake, during the physical act of love.
Group Capt. Lionel Mandrake: Hmm.
General Jack D. Ripper: Yes, a uh, a profound sense of fatigue... a feeling of emptiness followed. Luckily I... I was able to interpret these feelings correctly. Loss of essence.
Group Capt. Lionel Mandrake: Hmm.
General Jack D. Ripper: I can assure you it has not recurred, Mandrake. Women uh... women sense my power and they seek the life essence. I, uh... I do not avoid women, Mandrake.
Group Capt. Lionel Mandrake: No.
General Jack D. Ripper: But I... I do deny them my essence.

Hey Bud Long time no see. Maybe I will run into you more now that I am back in the Jurassic Jet.

PS.....I can't even give away my essence. (Dmitri, I'm sorry they're jamming your radar and flying so low, but they're trained to do it. ....)