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The Power of SCOTUS V: The Final Frontier

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Re: The Power of SCOTUS V: The Final Frontier

Bottom line is they do this to pensions and it's just another giveaway to the rich and powerful. Not surprising. We tax the poor and middle class to pay for millionaire's and billionaire's to provide non-existent jobs while the invert their companies and build factories in China.

No shock here.
 
ScoobyDoo said:
Bottom line is they do this to pensions and it's just another giveaway to the rich and powerful. Not surprising. We tax the poor and middle class to pay for millionaire's and billionaire's to provide non-existent jobs while the invert their companies and build factories in China.

No shock here.
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Inversion is a consequence of the current tax law. You can't fault anyone for wanting to lower their tax bill to the lowest legally permitted amount.

As for shifting jobs - blame every free trade agreement (and greed).

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Pensions - you'd bankrupt the tax base of you had to get the public pension funds up to fully funded status in a very short time period. The chickens are coming home to roost.

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Slap - I'm closer to Pat Buchanan than say the current GOP leadership.
 
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Re: The Power of SCOTUS V: The Final Frontier

ScoobyDoo said:
Bottom line is they do this to pensions and it's just another giveaway to the rich and powerful.
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That's not even close to what that case is about.

Bankruptcies are battles between creditors, nothing more, nothing less. Just picking over the bones of failure.

Sometimes the bankrupt party wants to favor certain creditors, for whatever reason. In this case it was political. Obviously it's in the interest of elected officials to take the position their employee's (and elector's) pensions get higher priority compared with more general creditors. This judge concluded the law doesn't permit that.
 
Re: The Power of SCOTUS V: The Final Frontier

joecct said:
Inversion is a consequence of the current tax law. You can't fault anyone for wanting to lower their tax bill to the lowest legally permitted amount.

As for shifting jobs - blame every free trade agreement (and greed).

--------------
Pensions - you'd bankrupt the tax base of you had to get the public pension funds up to fully funded status in a very short time period. The chickens are coming home to roost.

-----------
Slap - I'm closer to Pat Buchanan than say the current GOP leadership.
Click to expand...

I can't fault corps for not paying their bills in this country? ROTFLMAO, the hell I can't.
 
Re: The Power of SCOTUS V: The Final Frontier

FreshFish said:
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Here's where your rhetoric always falls apart. 1% of the country wants to see a world of just the public sector running the economy. 30% of the country wants to see a world of just the private sector running the economy. Both groups are morons. But the latter group has captured a major political party.
 
Re: The Power of SCOTUS V: The Final Frontier

Kepler said:
Here's where your rhetoric always falls apart. 1% of the country wants to see a world of just the public sector running the economy. 30% of the country wants to see a world of just the private sector running the economy. Both groups are morons. But the latter group has captured a major political party.
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Yeah, it's sad to see the Dems beholden to unions. OH WAIT, you mean the Republicans and the corporations. As if they don't give money to the Dems as well.

:)
 
Re: The Power of SCOTUS V: The Final Frontier

dxmnkd316 said:
Yeah, it's sad to see the Dems beholden to unions. OH WAIT, you mean the Republicans and the corporations. As if they don't give money to the Dems as well.

:)
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That didn't make any sense in reference to what I said. It's a valid point, but it has nothing to do with the topic, which is that there aren't any actual 100% government, 0% private idiots left, but there is a whole cult of 100% private, 0% government idiots who only stop masturbating to Jerry Pournelle long enough to call CSPAN and squawk about mrah mrah too much gubmint mrah mrah.
 
Re: The Power of SCOTUS V: The Final Frontier

Yep. I may have been drinking. It's cold and blustery here. It's like pitchers and catchers reporting but for bourbon season. :Do

Oh yeah, it's snowing too.
 
Re: The Power of SCOTUS V: The Final Frontier

This is interesting. I'm reminded of hockey where coaches coach, players play, refs decide and parents cheer. When one crosses over and tries to do something other than what is intended, bad things can happen.

So we have this. http://news.yahoo.com/two-little-kn...ious-belief-superior-101209009--politics.html

Should Congress tell SCOTUS how to interpret the law? Write (often badly) the law, but don't try to interpret it. The Executive should enforce the law, and the judicial interprets.

We jeer.
 
Re: The Power of SCOTUS V: The Final Frontier

joecct said:
Inversion is a consequence of the current tax law. You can't fault anyone for wanting to lower their tax bill to the lowest legally permitted amount.

As for shifting jobs - blame every free trade agreement (and greed).

--------------
Pensions - you'd bankrupt the tax base of you had to get the public pension funds up to fully funded status in a very short time period. The chickens are coming home to roost.

-----------
Slap - I'm closer to Pat Buchanan than say the current GOP leadership.
Click to expand...

Sorry but your rhetoric falls apart when you blame it on the tax law. If we cut corporate taxes to zero they still would move jobs out of here. GE pays zero taxes, gets all sorts of subsidies and grants and still has been moving jobs to cheaper labor areas. Plenty of cases where local business move abroad even after they get tax breaks and cheap land to build on.

This BS notion that high taxes are why companies leave the US stinks from the head. They will still leave because they dont want to pay a minimum wage.

Business has no loyalty to this country and we need to stop pretending it does. They wont come back in droves with jobs just because we cut taxes when they can still outsource to India and pay a third the wages.
 
Re: The Power of SCOTUS V: The Final Frontier

Handyman said:
Sorry but your rhetoric falls apart when you blame it on the tax law. If we cut corporate taxes to zero they still would move jobs out of here. GE pays zero taxes, gets all sorts of subsidies and grants and still has been moving jobs to cheaper labor areas. Plenty of cases where local business move abroad even after they get tax breaks and cheap land to build on.

This BS notion that high taxes are why companies leave the US stinks from the head. They will still leave because they don't want to pay a minimum wage.

Business has no loyalty to this country and we need to stop pretending it does. They wont come back in droves with jobs just because we cut taxes when they can still outsource to India and pay a third the wages.
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Profits are never welcome in their home country.
 
Re: The Power of SCOTUS V: The Final Frontier

joecct said:
Danged if I know.
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Well, I'm impressed and awarding you full both ears and the tail.

In SCOTUS news, deciding by not deciding. People are now free to marry in Indiana, Oklahoma, Utah, Virginia and Wisconsin. When a position is too troglodytic for Oklahoma and Utah... um... I guess Mississippi is left?
 
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Re: The Power of SCOTUS V: The Final Frontier

Bob Gray said:
Just another day at the liberal court.
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Because the most conservative Court in 75 years is "liberal," yes.

What the SCOTUS non-ruling tells me is that even Roberts and Kennedy recognize that gay rights can't be used as a wedge issue nationally anymore; they are now securely under the purview of basic human rights under a 6-3 majority (Scalia, Alito and Thomas are sticking with religious, rather than Constitutional, grounds to oppose it). Because the Court has become such a political tool Roberts is choosing not to just come out and write the obvious Loving v. Virginia decision -- the regional GOP can still squeeze a little more juice out of this issue in a few peripheral places and the majority wants to keep the GOP 2016 prospects alive since they know a Hillary win condemns them to writing angry dissents for another generation. When a future liberal majority writes the decision striking down bans in all states then the GOP can raise $$$ on it forever, a la Roe v Wade.
 
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Re: The Power of SCOTUS V: The Final Frontier

Kepler said:
Because the most conservative Court in 75 years is "liberal," yes.
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Just because you say that each time after they make a liberal decision doesn't make it true. Though admittedly you're correct in your inference that the court has been generally liberal, so one might have to go back 75 years to find much conservatism going on there.
 
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