Use OPM...other people's money...best way to make money. On Fri, Oct 31, 2008 at 11:43 AM, Ben Schorr <[EMAIL PROTECTED]> wrote:
> If I had the cash sitting around I'd be buying real estate right now, > that's for sure. > > Ben M. Schorr > Chief Executive Officer > ______________________________________________ > Roland Schorr & Tower > www.rolandschorr.com > [EMAIL PROTECTED] > > > -----Original Message----- > From: Tim Vander Kooi [mailto:[EMAIL PROTECTED] > Sent: Friday, October 31, 2008 6:42 AM > To: NT System Admin Issues > Subject: RE: So... how is the recession affecting your buying decisions? > > Very true...The myth that the rich just hide their money under their > mattresses so that they can stay rich is usually told by those with > little as a way to make it OK to hate/blame the rich for their problems. > The rich in this country, on whole, did not get that way by sticking > money under their mattress, but rather by working their tails off and > making wise investment choices. They continue to do that regardless of > the state of the economy. It is the poorer citizens who tend to save and > refuse to spend when times get tough. This is why giving out money to > the middle class to spend our way out of a recession has never worked > once in the history of our country. > > > -----Original Message----- > From: Ben Schorr [mailto:[EMAIL PROTECTED] > Sent: Friday, October 31, 2008 11:37 AM > To: NT System Admin Issues > Subject: RE: So... how is the recession affecting your buying decisions? > > Some of those with money to invest do so aggressively during a downturn > because right now stocks and real estate are on sale. > > Ben M. Schorr > Chief Executive Officer > ______________________________________________ > Roland Schorr & Tower > www.rolandschorr.com > [EMAIL PROTECTED] > > > -----Original Message----- > From: Peter Rabe [mailto:[EMAIL PROTECTED] > Sent: Friday, October 31, 2008 6:23 AM > To: NT System Admin Issues > Subject: RE: So... how is the recession affecting your buying decisions? > > Trickle-down effect - When the economy tanks the first people to suffer > are those who have little because they received little, a trickle, when > the economy was good. Those who have money to invest, invest minimally > in expansion during an economic downturn as they are protecting their > assets. > > > > -----Original Message----- > From: Chinnery, Paul [mailto:[EMAIL PROTECTED] > Sent: October 31, 2008 11:15 AM > To: NT System Admin Issues > Subject: RE: So... how is the recession affecting your buying decisions? > > But for businesses to expand, build new factories, etc. they need > capital. For that they have to go to the marketplace either thru > commercial paper, IPO's or other financial instruments. Increasing > taxes on those who supply that capital means less capital to go around. > > Taxing businesses is a false argument. Businesses don't pay for > anything. Their customers do. Also, there are a lot of dollars overseas > because the cost (tax) to repatriate those dollars is very high. So, > the companies keep the money over there. > Yes, the rich put the money away. In investments, bonds, stock market, > etc. > > > > Paul Chinnery > Network Administrator > Memorial Medical Center > 231-845-2319 > > -----Original Message----- > From: Ralph Smith [mailto:[EMAIL PROTECTED] > Sent: Friday, October 31, 2008 11:23 AM > To: NT System Admin Issues > Subject: RE: So... how is the recession affecting your buying decisions? > > I would think lowing taxes to increase government revenue would only > work if the money is funneled back into the US economy in a productive > way. So if the money from tax cuts is distributed to big corporations > who use it to invest in offshore projects, and the benefits of that > investment stay mostly in that country, that doesn't really help us. > > If you cut taxes on the very upper tier of the income brackets, and they > just put that money away to increase their personal capital or sock it > away in other countries so as to avoid paying taxes on the income it > generates, that doesn't help us either. > > Now if you cut taxes for lower and middle class Americans, and small > businesses, they will spend that extra money. Then it is productive and > increases demand, which produces jobs, and increases government revenue. > > Anyway that's how I see it. Trickle down economics doesn't work. If > you believe the people who say it does, take a careful look at which end > of the income spectrum they are on - maybe they have a reason for > wanting you to believe it. > > > > -----Original Message----- > > From: Tim Vander Kooi [mailto:[EMAIL PROTECTED] > > Sent: Friday, October 31, 2008 10:41 AM > > To: NT System Admin Issues > > Subject: RE: So... how is the recession affecting your buying > decisions? > > > > Except for the fact, that lowering taxes is how you increase revenue > to > > the government. Raising taxes lowers revenue. The problems that Bush > has > > caused are not due to tax cuts, but rather the fact that he grew the > > federal government faster and bigger than most liberals would have > (even > > honest conservatives will tell you he stunk that one up). > > TVK > > > > -----Original Message----- > > From: Micheal Espinola Jr [mailto:[EMAIL PROTECTED] > > Sent: Friday, October 31, 2008 5:23 AM > > To: NT System Admin Issues > > Subject: Re: So... how is the recession affecting your buying > decisions? > > > > We are a broke nation. We need a tax increase - like it or not. Maybe > > > they can be lowered again if/when we have another surplus. But right > > now there are nations (primarily China) who have the potential to > > financially dismantle us. They promise not to, but they could. > > > > Talking actual "cuts" in taxes is ludicrous. > > > > -- > > ME2 > > > > > > > > On Thu, Oct 30, 2008 at 10:08 PM, Benjamin Zachary - Lists > > <[EMAIL PROTECTED]> wrote: > > > Wait was the tax increase at 250,000 , 200,000 or 150,000 ?? it > keeps > > > changing. > > > > > > > > > > > > What they ARENT mentioning is EVERYONES taxes will go up because > they > > aren't > > > renewing the Bush Tax Cut in 2010. > > > > ~ Finally, powerful endpoint security that ISN'T a resource hog! ~ ~ > > <http://www.sunbeltsoftware.com/Business/VIPRE-Enterprise/> ~ > > > > ~ Finally, powerful endpoint security that ISN'T a resource hog! ~ ~ > > <http://www.sunbeltsoftware.com/Business/VIPRE-Enterprise/> ~ > Confidentiality Notice: > > ---------------------------------- > > > > This communication, including any attachments, may contain confidential > information and is intended only for the individual or entity to whom it > is addressed. Any review, dissemination, or copying of this > communication by anyone other than the intended recipient is strictly > prohibited. If you are not the intended recipient, please contact the > sender by reply email, delete and destroy all copies of the original > message. > > ~ Finally, powerful endpoint security that ISN'T a resource hog! ~ ~ > <http://www.sunbeltsoftware.com/Business/VIPRE-Enterprise/> ~ > > > > ~ Finally, powerful endpoint security that ISN'T a resource hog! ~ > ~ <http://www.sunbeltsoftware.com/Business/VIPRE-Enterprise/> ~ > > ~ Finally, powerful endpoint security that ISN'T a resource hog! ~ > ~ <http://www.sunbeltsoftware.com/Business/VIPRE-Enterprise/> ~ > > No virus found in this incoming message. > Checked by AVG. > Version: 7.5.549 / Virus Database: 270.8.4/1754 - Release Date: > 10/29/2008 07:45 AM > > > ~ Finally, powerful endpoint security that ISN'T a resource hog! ~ > ~ <http://www.sunbeltsoftware.com/Business/VIPRE-Enterprise/> ~ > > ~ Finally, powerful endpoint security that ISN'T a resource hog! ~ > ~ <http://www.sunbeltsoftware.com/Business/VIPRE-Enterprise/> ~ > > ~ Finally, powerful endpoint security that ISN'T a resource hog! ~ > ~ <http://www.sunbeltsoftware.com/Business/VIPRE-Enterprise/> ~ > ~ Finally, powerful endpoint security that ISN'T a resource hog! ~ ~ <http://www.sunbeltsoftware.com/Business/VIPRE-Enterprise/> ~
