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Proud to live where I do!!

BuckI

Member
Oldtimer said:
Whitewing said:
Oldtimer said:
Oh I'm sure the numbers thing is just a printing error- old Boomer the news man must have left something out-- but I know the 2.9% is true- and I doubt many on here could match that- especially those that ran away to communist countries to live and then beech about the country rather than working to make it better.

Okay you old blow hard. You've finally worn me down with your BS. You say I'm somehow in no position to criticize anything going on in the US and that I'm not working to make it better. I"ll take you up on the challenge of who's accomplished what for the country during their productive years.

When I entered the oilfied in 1978 I was initally employed by a small firm operating out of a tiny rental office and lab run by a very intelligent man and his silent partner. While he was brilliant at the work he did, he was not very good a managing money and even worse at managing people, hence he was still a one man show after 8 years.

Over the next 20 years, I helped him take the company from gross sales of about $500,000 PER YEAR to over $1,000,000 PER MONTH, bought out both the original partners with company earnings, and when I finally sold the company, we employed over 150 professionals with backgrounds in petroleum and chemical engineering. We also operated out of a company-owned facility that was the best in the world for its type of work. I know this because I visited all of our commercial competitors over the years and nothing better existed at the time.

That company continues chugging along today 15 years after I sold it.

I can't recall what kind of reveunes we were generating for the feds with over $1,000,000 in taxable company income monthly and 150 professional salaries, but let's just agree it wasn't chump change.

Now, Montana is almost 30% owned by the feds so I know for a fact that a portion of those hard-earned dollars I sent to DC were turned around and sent out west in support of your sorry fat ass.

So, until you can demonstrate that you've done anything in your adult life other than feed from the government trough, shut the bad word up and stop telling me I have no right to criticize what I see wrong with the government you helped elect.

So you took your lifelong earnings that were earned in the US by using all the government, law enforcement and military services provided for by US taxpayers- and took it to a communist country to invest in that country! :???:

To me that is what is one of the big problems with this country today... :(

He didn't take all of his money to another Country, trus me.

Did you White..as snow..wing? :roll:

How'd ya come up with that WW alias again?
 
A

Anonymous

Guest
Oil permits in Fort Berthold to increase

Posted by: Lydia Gilbertson in Bakken News, Opinion, Top Stories September 23, 2014 215 Views

Lydia Gilbertson | Shale Plays Media Google+

Last week the United States Senate passed legislation with the goal of accelerating the process used to approve North Dakota oil and gas drilling permits. The legislation is called the BLM Management Permit Processing Improvement Act. This act is in place over concerns about federal lands on mainly the Fort Berthold Reservation. As a result the Bureau of Land Management will increase its offices in the Bakken as well as extending its residence by 10 years in its Sydney, Montana office. Prior to the BLM Management Permit Processing Improvement Act it took three to nine months for a drilling permit to be approved on federally owned land. One third of oil production in North Dakota is located on the Fort Berthold Reservation. This bill theoretically will not only make it easier to develop land in North Dakota, but will also speed up approvals for natural gas capture systems and pipelines in order to decrease flaring.

The Minot Daily reports:

“North Dakota’s economy, population and energy development are growing by the day, and we should all play our part to help support that responsible growth, including the federal government,” said [Senator Heidi] Heitkamp. “My bipartisan bill would help make that possible by streamlining and expediting the federal oil and gas drilling permitting process, enabling the federal government to review drilling permits more quickly and enabling us to fully harness all of the development and growth throughout North Dakota. As a vocal advocate for a true all-of-the-above approach to energy development, I know this bill will help bring us one step closer to achieving North American energy security and independence.”

Speaking of the Indians- just as did many who got forced to Oklahoma when the white man found gold on their land-- the local Indians who's ancestors got run off their land (again often for gold) are getting the last laugh with the finding of black gold on their reservations.... :wink:
 

Steve

Well-known member
the local Indians who's ancestors got run off their land (again often for gold) are getting the last laugh with the finding of black gold on their reservations....

I hope they find lots of it and more reservations find it as well.. the more the merrier..

Black gold may help.. but as long as the reservations lack jobs and opportunity and depend on government hand outs little will change..
 

Mike

Well-known member
Oldtimer said:
Brad S said:
OT, the tendency in American public school is to over criticize 18 or 19 century events by modern standards. I have kids in public school that endure all sorts of hate America first crap. My daughter learned how one sided and evil the us was for bombing japan, without learning about Pearl Harbor, war crimes against china and Korea, or the fact that Japan had prepared for a US landing by teaching children packing explosives to jump under tanks. A conventional
attack would have killed most of the Japanese. Or that Japan was seeking world domination.


Another time the same daughter was assigned a list of vocab words, with the following instructions: imagine you are a recent immigrant to the us and you want to protest low wages. What protest signs would you make using the vocab words. My kids don't attend school in Oakland , those events happened in Gordon ne

Goes back to the subject of the thread-- proud of my hometown-smalltown USA- because these things of history are still being taught... Veterans still come into class and relate some of that history- the Seniors in American Government come into the courts and jails- and watch trials and learn what the real world is about (altho I still support more on that subject)... I can proudly say I put some time in on the schoolboard working to keep history from being censored- either way- and lots of time working with classes from K-12 on law enforcement and Jail issues/history..... And now many of my friends and neighbors are involved doing the same...
We got involved- we didn't throw up our hands and run away...

What's there to teach about "Jail Issues"? :lol:
 
A

Anonymous

Guest
Mike said:
Oldtimer said:
Brad S said:
OT, the tendency in American public school is to over criticize 18 or 19 century events by modern standards. I have kids in public school that endure all sorts of hate America first crap. My daughter learned how one sided and evil the us was for bombing japan, without learning about Pearl Harbor, war crimes against china and Korea, or the fact that Japan had prepared for a US landing by teaching children packing explosives to jump under tanks. A conventional
attack would have killed most of the Japanese. Or that Japan was seeking world domination.


Another time the same daughter was assigned a list of vocab words, with the following instructions: imagine you are a recent immigrant to the us and you want to protest low wages. What protest signs would you make using the vocab words. My kids don't attend school in Oakland , those events happened in Gordon ne

Goes back to the subject of the thread-- proud of my hometown-smalltown USA- because these things of history are still being taught... Veterans still come into class and relate some of that history- the Seniors in American Government come into the courts and jails- and watch trials and learn what the real world is about (altho I still support more on that subject)... I can proudly say I put some time in on the schoolboard working to keep history from being censored- either way- and lots of time working with classes from K-12 on law enforcement and Jail issues/history..... And now many of my friends and neighbors are involved doing the same...
We got involved- we didn't throw up our hands and run away...

What's there to teach about "Jail Issues"? :lol:

The policy and procedural manual on the jail management is way bigger than the one involving the sworn enforcement officers....
 

Whitewing

Well-known member
Oldtimer said:
Mike said:
Oldtimer said:
Goes back to the subject of the thread-- proud of my hometown-smalltown USA- because these things of history are still being taught... Veterans still come into class and relate some of that history- the Seniors in American Government come into the courts and jails- and watch trials and learn what the real world is about (altho I still support more on that subject)... I can proudly say I put some time in on the schoolboard working to keep history from being censored- either way- and lots of time working with classes from K-12 on law enforcement and Jail issues/history..... And now many of my friends and neighbors are involved doing the same...
We got involved- we didn't throw up our hands and run away...

What's there to teach about "Jail Issues"? :lol:

The policy and procedural manual on the jail management is way bigger than the one involving the sworn enforcement officers....

Lesson No. 1: Don't hang the key within arm's length of the prisoner.
 

mrj

Well-known member
Guess it isn't real surprising that in all the diatribe about how awful it was of the US Govt. to push 'native Americans' out of the way of white settlers, nothing was mentioned of the older tribes those more modern tribes had 'displaced', often by genocide and/or 'assimilation' of the few remaining alive by taking them as slaves or 'adopted' into the 'winning' tribe.

Nor of the fact that the fledgling US Govt. had paid other nations for the land. If Native Americans have a problem with any govt. it is France, isn't it?

Maybe it is time everyone learned to work together, contributing by getting the best education possible, whether it is vocational or top of their ability academic, and living and working to make the world a better place. Stop the focus on what may have been 'taken' from us by whomever, from bad parents to bad government, or what is somehow 'owed' us and make an effort to improve life by doing what is right and making wise choices.

mrj
 

Faster horses

Well-known member
mrj said:
Guess it isn't real surprising that in all the diatribe about how awful it was of the US Govt. to push 'native Americans' out of the way of white settlers, nothing was mentioned of the older tribes those more modern tribes had 'displaced', often by genocide and/or 'assimilation' of the few remaining alive by taking them as slaves or 'adopted' into the 'winning' tribe.

Nor of the fact that the fledgling US Govt. had paid other nations for the land. If Native Americans have a problem with any govt. it is France, isn't it?

Maybe it is time everyone learned to work together, contributing by getting the best education possible, whether it is vocational or top of their ability academic, and living and working to make the world a better place. Stop the focus on what may have been 'taken' from us by whomever, from bad parents to bad government, or what is somehow 'owed' us and make an effort to improve life by doing what is right and making wise choices.

mrj

That's a noble thought, mrj, but there is no political gain in that scenario.

I'm trying to remember when all these problems from the past was
heaped on the people of the present. When did that start and who started it?
 

ranch hand

Well-known member
Well we will have to agree to disagree-- as I have long been against Americans taking their earnings and investing in foreign countries (especially communist countries or countries that hate us) and helping to build those countries economies no matter what the reason- be it to avoid taxes- or cheaper taxes, or lower cost of living or whatever...

So you are saying if you made money in the USA, paid Uncle Sam his share, the rest of your hard earned money after taxes still belong to the USA? Geez I can not understand where the liberal mind comes up with this crap.
 

Whitewing

Well-known member
ranch hand said:
Well we will have to agree to disagree-- as I have long been against Americans taking their earnings and investing in foreign countries (especially communist countries or countries that hate us) and helping to build those countries economies no matter what the reason- be it to avoid taxes- or cheaper taxes, or lower cost of living or whatever...

So you are saying if you made money in the USA, paid Uncle Sam his share, the rest of your hard earned money after taxes still belong to the USA? Geez I can not understand where the liberal mind comes up with this crap.

No, what he's saying is that he has no clue that very little of what he buys these days is actually made in the US and even those things that are labeled as being made in the US often have a significant percentage of foreign input. Therefore, he himself is guilty of exactly what he accuses others of doing.

His rants are designed to reinforce his bigotry and close-minded nature and bring him a tiny bit of peace and refuge from the demons that haunt his tortured mind.
 

Steve

Well-known member
ranch hand said:
Well we will have to agree to disagree-- as I have long been against Americans taking their earnings and investing in foreign countries (especially communist countries or countries that hate us) and helping to build those countries economies no matter what the reason- be it to avoid taxes- or cheaper taxes, or lower cost of living or whatever...

So you are saying if you made money in the USA, paid Uncle Sam his share, the rest of your hard earned money after taxes still belong to the USA? Geez I can not understand where the liberal mind comes up with this crap.

yep,.. there goes that vacation back to Europe to trace your roots... or that honeymoon is some exotic island... just downright unAmerican...

kinda rules out trips up north to Canada as well...



I think before anyone complains about sending investments over-seas they had better do a label and tag check... and see who is "supporting" that offshore movement (consumers)
 

Faster horses

Well-known member
What is comical is that the Pubs are already talking about Corporate Tax Reform to get US overseas companies, back to doing business in the USA.
Ironic, huh?
 

Steve

Well-known member
Faster horses said:
What is comical is that the Pubs are already talking about Corporate Tax Reform to get US overseas companies, back to doing business in the USA.
Ironic, huh?

the law most conservatives are discussing is a tax avoidance scheme large corporations use... they "invest" in a subsidiary... dump money into it... and then hold back the profits ...

liberals want to ban the practice and force them to pay all the taxes on it..

yet didn't do it when they had total control of both houses and the presidency...

they didn't because many of those same companies could just move overseas ... tax inversions...

the republican plan is to offer a lower tax rate that gradually phases out the inversion and the loop hole..

liberal plans are not plans.. just sound bites with no action...

this "fix" should be the first on the table as it would return billions of investment dollars to the US and fix a problem with the tax code..







The story of the "check the box" loophole, which allows U.S. companies to choose for themselves how to classify their subsidiaries for tax purposes, and a companion policy known as the "look-through" rule, shows how Washington bureaucrats, lobbyists and politicians have worked together — sometimes wittingly - to save money for American corporations and deprive the federal government of billions in tax revenue each year.

What began in 1996 as an effort by the Treasury Department to simplify the U.S. tax code mistakenly ended up as a massive tax loophole for corporate America, which seized upon it and has never let go.

The "check the box" loophole - which costs the United States about $10 billion per year, according to the White House - also has been a reflection of Washington's "revolving door" culture of policy-making and lobbying. Some of the bureaucrats who helped to write the rule went on to work for corporations that used it to lower their tax bills.



BIRTH OF A LOOPHOLE

Offshore tax shelters have bedeviled the U.S. government virtually since the inception of the tax code in 1913.

A 1962 compromise between President John Kennedy and Congress imposed U.S. taxes on "passive" income such as royalties and interest earned abroad, but not on "active" income from regular business operations.

That law, known as Subpart F, made the tax code increasingly complex as businesses grew larger and more diverse. The law was revised 10 times between 1969 and 1996 as the U.S. Internal Revenue Service tried to figure out how to classify, and then tax, tens of thousands of corporate units.

In 1996 the Treasury Department moved to simplify matters with a rule that enabled companies to "check the box" on a tax form to describe a given corporate entity - including whether it was, for tax purposes, irrelevant, a so-called "disregarded entity."

For a company and its subsidiaries that all operate in the United States, the rule streamlined tax filing by allowing the subsidiaries' income to be reported on the same forms as the parent company's income.

When applied to U.S.-based multinational companies, however, the "disregarded entities" status could be used to set up high-volume subsidiaries in low-tax jurisdictions such as Luxembourg or Ireland. A key part of Apple's tax strategy, for example, is having a subsidiary in Ireland that takes in all of the income from Apple's retail stores in Europe.

Treasury had given little thought to how the "check the box" rule might affect U.S.-based multinational corporations, according to several people involved in the effort.

Treasury officials realized they had created a massive loophole when they noticed a spike in cross-border financing shortly after the rule took effect.

"The mistake was extending it to foreign entities," Donald Lubick, Treasury's top tax official at the time, told Reuters. "That was apparent pretty quickly."
 

Faster horses

Well-known member
hypocritexposer said:
Cut out all corporate taxes...the economy will boom, millions of jobs will be created and Federal tax revenue will skyrocket

Instead, the USA has the highest corporate tax of all. 35%...what a
great incentive to do business here. :x
 

mrj

Well-known member
Going back to the beginning of this thread: the listing of 'best places' in MT, brace yourselves, folks. When Sioux Falls, SD was named a 'best town in the USA' there was an influx of criminals and the crime rate still climbs tho that listing was several years ago. It seems like SF became a magnet for opportunists with crime as their favored 'occupation'.

FH, yes, it would be interesting to know when and by whom our history was distorted to ALWAYS make the 'colorless' person the bad guy.

Apparently about since the beginning of time people have used opportunities to overpower others to 'get ahead' over putting their heads and hands to work to improve their own lives. I had an uncle who while studying family/tribal history of the movement across Europe of our family, concluded in disgust that our ancestors must have been a bunch of wimps to get pushed out of every country in Europe and the Brittish Isles, until they landed in the USA among the first white people shipped over here.

mrj
 

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