Well, duh. Of course they're for profit
Posted By: sm MSMT on 2008-10-13
In Reply to: OK, I'll bite. What insurance companies and when? - Old part-timer
That's why Obama wants a government run healthcare system, so he can dictate EVERYTHING. He wants a government run EVERYTHING as well, so he can dicate everything, because God only knows what we would have done without him all these generations, making our own way and building our own businesses, getting through the great depression, droughts, famine, long before he showed up, only to have him now tell us he'll take care of us. We're such feeble helpless individuals.
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it's not for profit.
That's the big difference. the money is used for missions, etc. Let's face it, if church was a business the govt would love to get their hands on the taxes. Churches are tax exempt because they are not for businesses.
AND MADE A PROFIT!
http://www.youtube.com/watch?v=Cm5jQEh7exg
I interpret that to mean 30% of the PROFIT, if any...sm
would go to help the low and middle class strapped people who can not now afford their mortgage, but only if and after the $700 billion is repaid. No?
profit taking
The rules have not changed yet and the hedge funds are still running loose, betting ups, betting downs. Everything they were doing to get us into this mess is still going on and still legal. Leverage is still high.
Unless their PROFIT from that business exceeds...sm
$500,000 a year ($250,00 x 2 if both work in the business) they will not pay additional taxes.
It is the business owner's profit that he...sm
takes home after all expenses are paid.
I have no problem with a non-profit, non-federally funded...sm
establishment having a code of ethics including religion that is exclusive of other religions.
But I think it is hypocritical to take federal funds and then be exclusive to only your group. It's like taking money out of my pocket and then telling me that I can't participate.
If the profit factor (insurance companies)...
...is removed, we will save a TON of money.
John McCain said she sold it at a profit on ebay. nm
.
Alaskans do get a check based on oil profit taxes that are...sm,
charged by the Alaskan government. That is why the poor Alaskans support her and agree to the rape of their land. A few thousand dollars is a lot of money to them.
Various Bush members enjoy profit from human suffering.
Two articles below:
http://www.latimes.com/news/printedition/asection/la-na-bucky23mar23,1,7624344.story?ctrack=1&cset=true
From the Los Angeles Times
Bush's Uncle Earned Millions in War Firm Sale
An SEC filing shows William H.T. Bush collected about $1.9 million in cash, plus stock valued at $800,000, from the deal.
By Walter F. Roche Jr.
Times Staff Writer
March 23, 2006
WASHINGTON — As President Bush embarks on a new effort to shore up public support for the war in Iraq, an uncle of the commander in chief is collecting $2.7 million in cash and stock from the recent sale of a company that profited from the war.
A report filed with the U.S. Securities and Exchange Commission shows that William H.T. Bush collected just under $1.9 million in cash plus stock valued at more than $800,000 from the sale of Engineered Support Systems Inc. to DRS Technologies of New Jersey.
The $1.7-billion deal closed Jan. 31. Both firms have extensive military contracts.
William Bush was a director of Engineered Support Systems. Recent SEC filings show he was paid cash and DRS stock in exchange for shares and options he obtained as a director.
Before DRS purchased it, Missouri-based ESSI experienced record growth as a result of expanded U.S. military contracts — many to supply U.S. efforts in Iraq and Afghanistan.
The contracts, some awarded on a no-bid basis, include a $77-million deal to refit military vehicles with armor for use in Iraq.
Other ESSI products used in the war include radar and detection services, field medical stations and field electrical generator units.
SEC filings show that two federal investigations of ESSI are underway. One inquiry involves a stop order from the government on the field generators. The order was issued because the units didn't operate properly.
The generator contract was a major source of revenue. SEC files show that ESSI did not tell stockholders about the stop order until last June, about seven months after it was issued.
During the interim, several ESSI executives, including Bush's uncle, cashed in stock and stock options worth millions of dollars, the filings show.
According to one recent filing, the SEC and the U.S. attorney in St. Louis are investigating the delayed disclosure and other matters.
Unnamed members of the ESSI board and corporate officers have been subpoenaed in the inquiry, according to documents.
SEC filings show that William Bush, 67, exercised options on 8,348 shares of ESSI stock on Jan. 18, 2005, about two months after the stop order was issued and six months before it was disclosed. He collected about $450,000 in cash.
Bush, known as Uncle Bucky in the president's family, joined ESSI's board in 2000, several months before his nephew became president.
He heads a St. Louis investment firm and is the youngest brother of former President George H.W. Bush.
He declined to comment Wednesday. However, in an interview last year, he said he played no role in ESSI's winning federal contracts.
I don't make any calls to the 202 [Washington, D.C.] area code, he said.
Patricia Williamson, a spokeswoman for DRS, would not comment on the status of the federal investigations.
The company has said it is cooperating in the probes, which also involve an ESSI insurance contract.
_________________________________________________________________
March 22, 2006, 11:58PM
Former first lady's donation aids son
Katrina funds earmarked to pay for Neil Bush's software program
By CYNTHIA LEONOR GARZA
Copyright 2006 Houston Chronicle
Former first lady Barbara Bush donated an undisclosed amount of money to the Bush-Clinton Katrina Fund with specific instructions that the money be spent with an educational software company owned by her son Neil.
Since then, the Ignite Learning program has been given to eight area schools that took in substantial numbers of Hurricane Katrina evacuees.
Mrs. Bush wanted to do something specifically for education and specifically for the thousands of students flooding into the Houston schools, said Jean Becker, former President Bush's chief of staff. She knew that HISD was using this software program, and she's very excited about this program, so she wanted to make it possible for them to expand the use of this program.
The former first lady plans to visit a Houston Independent School District campus using the Ignite program today to call on local business leaders to support schools and education.
The trip to Fleming Middle School is intended to showcase Bush's commitment to education for both Houston-area and New Orleans evacuee students, according to a press release issued Wednesday by Ignite.
Fleming, which has more than 170 New Orleans students, was one of eight area schools chosen by the Harris County Department of Education to receive a donated COW, or Curriculum on Wheels, multimedia program after Hurricane Katrina.
Neil Bush founded Austin-based Ignite Learning, which produces the COW program, in 1999.
Becker said she wasn't at liberty to divulge how much money the Bush family gave to the hurricane funds, but said the rest of their donation was not earmarked for anything.
Nationally, some other donors also specified how they wanted their donations spent, Becker said.
For example, one man wanted his money to go to Habitat for Humanity but via the former presidents' fund. Nearly $1 million has been raised for the local fund and more than $120 million for the national.
Regarding the fact that Bush's earmarked donation also benefited her son's company, Becker said, Mrs. Bush is obviously an enthusiastic supporter of her son. She is genuinely supportive of his program, and has received many letters from educators who support it. Bush honestly felt this would be a great way to help the (evacuee) students.
Barbara and Neil Bush presented the donated programs to Houston-area schools this winter.
Districts that received the free curriculum include Houston, Alvin, Katy, Pearland and Spring and the New Orleans West charter school.
There are 40 Ignite programs being used in the Houston area, and 15 in the Houston school district, said Ken Leonard, president of Ignite.
Information about the effectiveness of the program, through district-generated reports, was not readily available Wednesday, according to an HISD spokeswoman.
Two years ago, the school district raised eyebrows when it expanded the program by relying heavily on private donations.
In February 2004, the Houston school board unanimously agreed to accept $115,000 in charitable donations from businesses and individuals who insisted the money be spent on Ignite. The money covered half the bill for the software, which cost $10,000 per school.
The deal raised conflict of interest concerns because Neil Bush and company officials helped solicit the donations for the HISD Foundation, a philanthropic group that raises money for the district.
HISD school principals decide for themselves whether to spend their budgeted money on Ignite.
Leonard said that in the past six to eight months, the company has hired national sales representatives across the country — in Florida, New York, Pennsylvania, Georgia and Nevada — in hopes of expanding beyond Texas. Currently, about 80 percent of the company's customers are from Texas.
Last year, Neil Bush reportedly toured former Soviet Union countries promoting Ignite with Russian tycoon Boris Berezovsky.
According to the Times of London, Berezovsky, a former Kremlin insider now living in Britain, is wanted on criminal charges in Moscow accusing him of seeking to stage a coup against President Vladimir Putin.
The purpose of today's event is to showcase everyone's efforts in helping the hurricane evacuee students who ended up in Houston, Leonard said.
We have a role, but we're not the leader in this, Leonard said. He also acknowledged that his company will benefit from the former first lady's visit.
Barbara Bush is expected to observe both teachers and students using the Ignite Learning program while touring classrooms, according to the Ignite press release.
During a short reception, teachers and students will give testimonials about the program and Bush will encourage community business leaders to have a stronger presence in supporting schools and education, the press release said.
The free-standing instructional tools that are not dependent on the Internet. They include a built-in computer, projector and speakers and come pre-loaded with science and social studies courses.
cynthia.garza@chron.com
HoustonChronicle.com -- http://www.HoustonChronicle.com | Section: Houston & Texas
This article is: http://www.chron.com/disp/story.mpl/headline/metro/3742329.html
Bottom line...they made a 68 million dollar PROFIT.
PROFIT is AFTER expenses. So I am thinking they are doing pretty darn well, don't you? They are not in it for the goodness of their hearts.
And it says plainly on the website they will take checks for anything but abortions. So that says to me cash or credit card. IF there is another explanation for that, please share.
It has been awhile since there was a bombing or a shooting, and I don't condone either. Killing abortionists or bombing clinics is not the answer. Changing minds and providing alternatives is the answer. But going with the flow and remaining quiet while mass murder of the unborn goes on is something I cannot do, and sorry if I find it horrifying that PLanned Parenthood makes such a KILLING for killing. THere is THAT.
Can anyone say "spend your $$$ wisely?" Do you realize their profit margins over the years?..
nm
You're entitled to your opinion. I guess it depends on what side of the spectrum you're on.nm
x
We're not defending Bush we're pointing out the obvious
All you see in your view is Bush, Bush, Bush. Nobody else exists. You have yet to answer any of the questions I posed yesterday. We're not the one obsessing about Bush. I'm sure you'll counter that with I don't owe you any answers! It's really telling that for five or six days this board was mute about the Israel/Lebanon situation. You were too busy posting trash news about Bush like nothing was even happening, but I know that the left has wait for its talking points. You all cannot formulate opinions on your own. You have boilerplates ready to go though. *This is Bush's fault because _____________ but you have to wait on Howard Dean, Bill Clinton, etc. etc. to fill in the blanks for you. It's not just a phenomenon here but with all the left. You can count on at least two days of silence when something unforseen breaks out in the world, because they have to retreat to their bunkers to get their talking points straight, but it will always start with *This is Bush's fault because....
Hey, if they're smoking cigs, they're paying for SCHIP.
xx
They're too lazy to show patriotism......they're waiting
xx
So you're not racist but you're most definitely SEXIST and AGEIST!!!
"Someone more in our age group..."
"She should be taking care of her family."
Your true colors are showing, and they're truly ugly.
Just because they're LOSING doesn't mean they're VICTIMS.
What is it with people these days? You think that just because Hamas is getting its fanny handed to it that that magically makes them victims, and we should all weep and throw cash at them?
From the dawn of time, lesser civilizations have fallen to stronger ones.
It's why the human species survived and the neanderthals didn't.
It's why Rome conquered the Celts.
It's why the Barbarians conquered the Western Roman Empire.
It's why the British conquered the American Indians.
It's why the Spanish conquered the Aztecs.
It's why the Muslims conquered Israel the first time. But, since their societal progres seems to have permanently parked in the Stone Age, now Israel is conquering them right back.
Deal with it.
You're right. They're simply not worthy of a reply.
They're not tax breaks....they're tax credits
xx
I'm snotty, you're rude...we're even....
My dearrrr....not everyone in this country pays taxes. So you are wrong there. Obama said "spread the wealth." From his own mouth. The interview in Canada...economic parity and redistribution. Words from HIS mouth. If you believed those words from his mouth as much as you believed other words from his mouth, you would know he is a socialist. Selective memory is a wonderful thing ain't it??
You're right. They're all wack-jobs... nothing
so they try to make themselves feel important by standing around on street corners with their posters and their dollies.
Most of them are just buffoons, good for nothing other than being laughed at by the rest of us. But the ones that totally lose all reason, and go so far as to shoot people (in a church of all places...) is pretty off the deep end.
You're a liar. GT didn't curse. You're a filthy liar, but you are a gift from God.
God sent you here to as a constant reminder of the kind of person I DON'T want to be and if I ever have a bad day when I feel temporarily stupid, all I have to do is read your posts, and I realize there are those out there who are much worse off than I am and for them it's not temporary.
They're doing to this board what they're trying to do
to the whole country. They're trying to take it over. They want to control which God you believe in, who you love and what you do with your body, be it regarding life or regarding death. If you don't voluntarily agree to turn your free will over to their control, they will hunt you down and nag you to death (since they can't do anything more violent on a message board). It's obvious they are sick, sick people and need major help.
But they ARE like watching a car wreck and are sometimes hard to ignore.
I've thought about it, and for me personally, the very best thing to do is ignore them and for 2 reasons:
1. Ignoring them and not reading their posts makes my visit on this board much more pleasant. I already know I'm not missing anything because there isn't one post on this entire board written by them that has contributed anything of value or intelligence.
2. If we all refuse to read and respond to their posts, they might give up and go find another board to terrorize. I doubt that, though, because they've taken over this board and simply don't have the CLASS to leave. They take pride in their bully on the playground mentality and are proud of their ignorant behavior. They will probably just continue to pat themselves on their backs on this board. The only thing that might startle them and cause them to stop is that the NUMBER of posts on the Liberal board are starting to increase heavily as a direct result of their posting. In the past, they've used the Liberal board's lower numbers to trash us for not being as interesting, when, in fact, the CON board must be pretty boring if they are always choosing to be HERE instead.
Like I said, I've decided that I'd like my visits here to be pleasant, so I'm just going to stop subjecting myself to their cesspools of attacks. They've proven their posts aren't worth wasting time reading, so I'm just going to stop and will feel much better as a result of stopping. 
Your not you're. I hope you're not an MT. nm
.
They're children, though. They're not
adults. Mom and Dad need to know these things even if only to possibly prevent problems later.
You're welcome.
If I find anything, I'll be sure to post it, but I doubt he's going to be saying much. I think he understandably wants to distance himself as far away from this administration as he can.
I wish he would run for President. I'd very proudly vote for him in a heartbeat! I'd finally be able to vote for the best candidate instead of the least worst one.
I agree with you, and I admire and respect him very much.
So I take it you're on your
so you don't mind your grandchildren paying their fair share, right?
Bush Tax Cuts = Tax Shifts
UFE Report: Tax Burden Shifting off Wealthy onto Everyone Else
$197 Billion in Tax Cuts to Top 1% of US Taxpayers as Big as States’ Budget Shortfalls of $200 Billion
BOSTON — A new report, entitled “Shifty Tax Cuts: How They Move the Tax Burden off the Rich and onto Everyone Else,” from United for a Fair Economy (UFE) indicates that between 2002 and 2004, the Bush tax cuts to the top 1% of US income earners redirected billions of dollars in revenue that could have eliminated virtually all of the budget shortfalls in the states.
“Congress had the option to send aid to the states to prevent $200 billion worth of service cuts and regressive tax increases,” said Chris Hartman, UFE’s research director. “Instead, they gave tax breaks totaling roughly the same amount to multi-millionaires and the rest of the top 1%.”
The report identifies five main areas of shifting tax burden:
FEDERAL TO STATE — a 15% shift in tax burden between 2000 and 2003
PROGRESSIVE TO REGRESSIVE — at the federal level, a 17% decline in the share of revenue from progressive taxes and a 135% increase in the share of revenue from regressive taxes since 1962
WEALTH TO WORK — A tax cut on unearned income — such as inheritance or investment — of between 31% and 79%, but a tax hike on work income of 25% since 1980
CORPORATIONS TO INDIVIDUALS — a 67% drop in the share of federal revenues contributed by corporations and a 17% rise in individuals’ share
CURRENT TAXPAYERS TO FUTURE GENERATIONS — record deficits that shift the tax burden to our children and grandchildren
“When President Bush and Congress trumpet, ‘Here’s a tax cut', we say, ‘Taxpayer beware!’ said Chuck Collins, United for a Fair Economy co-founder. “Unless you are super-rich, it’s a tax SHIFT, not a cut. Non-wealthy taxpayers will pay for these tax cuts with increased state and local taxes or cuts in public services.”
“Between 2002 and 2004, a full $197 billion in new tax breaks went to the top 1% of American taxpayers,” Hartman commented. “This is money that has disappeared into the pockets of the very wealthy, making it unavailable to solve ongoing budget crises at the state and local levels.”
“I got a rebate check last summer for $400,” said Collins. “Then my eight-year-old’s public school asked me to contribute money to replace worn-out chairs for the students. At the same time, I found out they laid off the librarian because of budget cuts. What good is a $400 tax cut when parents have to cough up additional money for chairs and books or else see their children go without?”
The report concludes that the total federal, state and local tax burden has become increasingly the responsibility of middle-and low-income families in recent decades, and that revenues being generated by taxes are not sufficient to pay for existing public services. Work in particular is being taxed at a higher rate than investment. “I do a lot of work in predominantly Latino areas of Boston,” said UFE Education Specialist Gloribell Mota. “Residents there are the working poor — they have jobs and pay taxes — yet are getting pennies in tax cuts and seeing health care services they depend on slashed.”
“The Bush administration has followed a strategy of starving public services by pulling tax money away from education and housing and giving it away to multi-millionaires,” said Karen Kraut, UFE’s State Tax Partnership director. “States are suffering as a result, and people are going without essential services in order to fund the lifestyles of the rich.”
The report calls for tax reforms to improve the fairness of tax distribution and ensure adequate revenues. Concerned Americans are urged to pass resolutions in their cities and towns to stop the tax cuts and restore local services that have been affected, to call and write their congressional representatives to take action to stop the cuts, and to sign the Tax Fairness Pledge at www.ResponsibleWealth.org/taxpledge.
The co-authors of the report are Chuck Collins, UFE Co-founder; Chris Hartman, UFE Research Director; Karen Kraut, Director of UFE’s State Tax Partnerships; and Gloribell Mota, UFE Education Specialist.
United for a Fair Economy is an independent national non-profit that raises awareness of growing economic inequality.
You're not getting it
if the Attorney POCKETS most of the winnings how are they any better than the greedy corporations? Since you think one is more morally ethical than the other eventhough they may both be doing THE SAME EXACT THING....then the debate has ended as far as I'm concerned.
I never said don't come over there, you're the one
x
You're welcome.
Have a great day.
You're welcome.
I didn't know it existed, either, but I think it's a really great site and wanted to pass it on. Some of these guys have said they're afraid to speak the truth and feel they're taking a chance by doing so. 
You're welcome, gt.
You're welcome and you're right.
You're right.
It's clear the ONLY people who have true freedom of speech and freedom of thought in this country are Bush disciples. In addition, they have the freedom to lie to the rest of America.
Don't despair. It won't be long before a Pat Robertsonesque appointee thug of Bush will be seizing my computer, bugging my phone and knocking at my door, ready to lock me up simply because I express my distaste for a President who is incapable of telling the truth to ANYONE IN THE ENTIRE WORLD, as he wraps himself in the Holy Bible and American Flag. His enemies aren't *terrorists.* If they were, I wouldn't be able to get on a plane now with a knife again.
His enemies are Americans who have the audacity to pay attention, think freely and voice their opinions.
My freedom of speech, free thought, expression, religion, ETC. is about to come to a screeching halt very soon.
You'd better hope you continue to obey the master, remain in step and NEVER stray from the flock. Otherwise, the next freedom-ending screech I hear could be YOURS.
Yes, you're right; I'm sure
their eye on me as well! What I find most pitiful is YOUR lack of outrage. Too much Kool-Aid, I guess. What will it take before you see what **King George** has done and continues to do to this country?
Huh? You're not going to believe this.
Or maybe you will...but for me it falls into the category of WHAT THE???????!!!!!!!!
Labored logic
Democrats have been buzzing about comments made by state Sen. Nancy Schaefer (R-Turnerville) at a recent eggs-and-issues breakfast in Hart County. We quote from the Hartwell Sun newspaper: Commenting on illegal immigration, Schaefer said 50 million abortions have been performed in this country, causing a shortage of cheap American labor. 'We could have used those people,' she said.
http://www.ajc.com/metro/content/metro/insider/stories/030606.html
You're welcome. sm
I wholeheartedly agree that Lurker's post went straight to the heart of how I feel on so many levels and it took time to put it together.
You're welcome. nm
You're welcome.
You're welcome!
You're welcome. :-) (NM)
/
You're right...sm
War was used for lack of a better term - genocide. One day is a long time when you fear for your life and are watching other's die. Nothing made me more upset with Clinton than watching Hotel Rwanda. Quite frankly though, that is an ugly part of history. Darfur is here and now. What do we do, give the UN and Bush a pass?
I know you're not...sm
I said those interested.
But you're not sorry at all..
Call me condescending, call the majority of liberals on this board shallow, immoral, without firm foundations and that's just part of your comments. What is the purpose of this name-calling? Does it make you feel better about yourself? What do you hope to accomplish? This is the liberal board and I don't believe this board was provided as a venue for you to vent your condemnation of liberal folks. Why do you and others do it? Where is there one iota of value in your posting other than a rant against liberals and their many many failings.
you're right
There is free speech and tolerance of extreme behavior in our nation, but here there is also a missing element of having enough social training to not persist in bothering people who do not wish to be associated with you. In real life, this would be embarassing, but with the anonimity of the internet, people let their real selves emerge without fear of consequences. Shunning has alway worked in the past.
You're right I don't.
I do not appreciate your views. I believe them to be jaded.
I think you're right.
Lieberman doesn't have the clout that he used to. It's a small feather in McCain's hat at best.
However, to play devil's advocate when it comes to looking objectively at the republican candidates, I believe McCain to be the lessor of all evils :o). If I have to settle for a republican winning the next presidential election, I could more easily swallow it if it were John McCain; regardless of his stance on the war. Even though he was supportive of overthrowing Hussain, he was pretty vocal about Bush's bungles afterwards.
you're right, I don't
They can bash all they want, they can sling all the mud --- I will remain unphased. My decision is made, unwavering. It really comes down to black and white (not literally, cuz who cares?). The question is this: Do we want business as usual or do we want a change? Well, sign me up for the Change Train and let's get this moving forward. McCain is doing some serious bashing. All the nay-sayers are filled with fear. Well how about we go with some Hope for our Future? How bout we just go on blind faith that things can only get better and support this Positive thinking individual? My mind is made up and will not be changed no matter what y'all sling in Obama's direction. We need a Democrat in charge, STAT.
You got that right. You're not. sm
This is about me, my husband, my children and my choice and there is absolutely nothing you can say or do that will change that. Take your self-righteous indignation back to church, where it belongs.
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