Dan Kone
Well-Known Member
Maybe not socially, but fiscally you couldn't be further to the right.I'm not a conservative.
Maybe not socially, but fiscally you couldn't be further to the right.I'm not a conservative.
Yep. They create a lot of jobs. Too bad all those jobs are in east asia.And what peole dont seem to get is that those millionares and billionares do not hide the money in giant caves of gold bars or something.
That money is invested in the market, in businesses, in investments. And those things create jobs.
The unemployment is only at 10% because the rich got greedy by deregulating the financial system. They made a ton of money, cashed out when the gig was up, and stuck us all with the bill. Giving 3% of that back isn't unreasonable.The government wants to steal that wealth generating money and spend it on welfare programs for the 10% unemployment...
But they are doing ok.First, "the wealthy" are not billionares. They are now couples who make over $250,000/yr, which is not a shitload of money if you have kids and live in the city.
I've never said anything remotely similar to that.They do not sit around it dark rooms conspiring on how to enslave you...
Yeah, Paris Hilton is pretty much just like you or me except she works harder so she makes more money. lolthey are the you and I's of the world that have worked hard and are moderately successful.
No. There is very little uncertainty. People are spending money. With a decrease in demand for goods and services investing isn't as profitable. That's pretty simple. I don't understand why anyone is confused by this.The "billionares" in the US (I know it wasn't you that made that comment)...there are approximately 400 in the US. I'm tired of people talking about them. Kill em for all I care. What most people think of as the rich are the successful you and I's of the world that work for institutions. And these institutions are not investing because there is too much uncertainty in the market and nothing makes any sense.
When you generalize that broadly it makes it seem like you don't understand what you're talking about.The government does not have the ability to improve anything let alone the economy.
Really? They just take the money and throw it in fireplaces or what? What is this excess monies you speak of? Last time I checked we had a deficit, not a surplus.Any excess monies are wasted.
Who's going to buy the goods and services of the businesses that are being created? Certainly not the American middle class, they can't afford it.Better in the hands of the $200-250k ranges of people and small buisnesses to put back into the system.
Basically what your advocating here is that muggers in NY actually provide a service to the community by freeing up unused currency and spending it thereby enriching the person who was mugged in the process. So that's whats wrong with it. Do you see?Here's a thought! Why not put that money in the hands of the people who are most likely to spend it on goods and services in our economy? That would create demand which would create jobs and then rich people would have more profitable things to invest in. Everyone wins! Rich and poor alike benefit.
What's so bad about that idea? Why the insistence on this money going to the people who have money already instead of the people who we rely on to purchase goods and services which makes investment and job creation profitable?
Sounds risky dude.You know dan i actually agree with you in the general idea, we need to get the country back on its feet. We just disagree on the method to get to that point. My method would be to crash the system and let the Phoenix rise from the ashes.
No it isn't. My method is to have the people who benefit from being an American most pay something closer to what has historically been considered their fare share.Your method would be to prop the system up with stolen monies from the richer folk.
Great. We should just bring back slavery and that might work. Other than that, I see a flaw in going back to an economic system before the industrial revolution when we had a free labor force.This republic ran just fine with ZERO income tax for 2 hundred years, in fact the GREATEST periods of growth were during those 2 centuries.
Totally. China and other countries that have stolen our jobs have economic protections in place to prevent America stealing all their jobs. It's about time we do the same back.You are right on about the middle class, but we need those factories back, we need total global market domination back,
Wait, what? We should go out and kill people so we can have more money?we need to start a big war and stop all the other countries from being able to compete with us like we did in WW2!! What you think the odds of us having some more wars are?
Its actually the only way to save the current system. That's why I advocate a new system based on real wealth, not paper promises, no fractional banking. No money creation.There has to be a better way....
WTF? No, I don't see. If the middle class are "mugging" the rich, they're doing it wrong. Since the 80's the counties wealth has been being transfered out of the middle class into the hands of the wealthy due to government policies. The rich are the one's doing the mugging. You've got it backwards.Basically what your advocating here is that muggers in NY actually provide a service to the community by freeing up unused currency and spending it thereby enriching the person who was mugged in the process. So that's whats wrong with it. Do you see?
How about we just stop this 30 year free trade binge that has resulted in lopsided economic policies and the loss of our middle class instead? That seems like a lot nicer thing to do than bombing people for profit.Its actually the only way to save the current system. That's why I advocate a new system based on real wealth, not paper promises, no fractional banking. No money creation.
WTF? No, I don't see. If the middle class are "mugging" the rich, they're doing it wrong. Since the 80's the counties wealth has been being transfered out of the middle class into the hands of the wealthy due to government policies. The rich are the one's doing the mugging. You've got it backwards.
You guys are all painfully ignorant to history. The worst part is that you know this and you're completely ignoring our economic history intentionality. Sorry, I don't like name calling but I have to say it. If you are intentionally being ignorant then that is stupidity. There is no other way to describe it.
The industrial revolution happened while there was no income tax, see how well you know history? you don't even know when the greatest period of growth the world had ever seen happened. The income tax didn't start until 1913, so I think you got miseducated on your history if you thought that there was income tax during the industrial revolution.Other than that, I see a flaw in going back to an economic system before the industrial revolution when we had a free labor force.
I totally agree!!!How about we just stop this 30 year free trade binge that has resulted in lopsided economic policies and the loss of our middle class instead? That seems like a lot nicer thing to do than bombing people for profit.
and how did that happen? Through deregulating everything, that's how that happened!Giving middle class citizens the ability (or loop hole) to buy homes they couldn't afford didn't help the economy much either.
You can blame the Republicans for deregulating but they never grabbed the hand of a person making $35k a year to sign an interest only loan on a $400k house. That blame goes to the morons who bought what they couldn't afford in the first place.and how did that happen? Through deregulating everything, that's how that happened!
So, do you work for MSNBC or NPR? lol! You libs never disappoint!and how did that happen? Through deregulating everything, that's how that happened!
With regards to extending the Bush tax cuts for the wealthy, it's just plan and simple bad math! I keep hearing the same old GOP talking point bullshit how we need the tax cut for the wealthy. They are the ones who are creating jobs!! 8 years under Bush and things didn't change. So what makes people like McConnell keep thinking jobs will come from wealthy. Yet, the same people refuse to extend unemployment! Over 2 million folks lose their benefits tonight at midnight! To extend these folks benefits through Feb. would have been a lot cheaper than a 700 billion price tag. Plus it's the moral thing to do.
People need to wake up and smell the coffee. At first I was extremely pissed off at Obama for what is happening in our great nation, our country was falling apart, and people were blaming this country's first African-American President. Well actually half African-American. "You Lie", screamed Joe Wilson at Obama's first State of the Union address. I can still hear that,and I wonder why Joe Wilson never stood up and yelled "you lie", to George W. Bush. Because if anybody lied it was this man in the oval office before Obama,GW Bush. But of course Joe Wilson would have never shouted out anything negative at Bush. I look at the GOP trying to obstruct anything Obama tries to do. It goes waaaaay beyond Obama being a progressive. Goes back into this country's dark & ugly past dealing with the never dying bullshit called "racism". It's not that Obama is super progressive, because he's not. But it's because he's Black and intelligent. The GOP ,mostly old white men. Are having a hard time dealing with this. Actually, I am too, as I'm extremely tired.
Bottomline for me,tax cuts for wealthy should be allowed to expire. Why should they get theirs when funding for unemployment got voted down by the GOP. Sometimes I can't believe these bastards. But one day America will wake up. Hopefully it comes sooner than later. To tired to write, gotta get some sleep ASAP.
aloha
what I'm saying is the Obama administration has been stonewalled by the GOP the entire past two years. Yet the Dems were able to get a few things passed. Health Care Reform being the major victory for Obama. Yet the GOP has opposed Obama on everything. Even ideas he got from the GOP. As soon as he adapts to one of their ideas, they quickly pull a 180. Obama's biggest mistake is even thinking he could involve the GOP in his plans. He won the election by a mandate. The Dems should have been shoving shit down the throats of the "right", instead of trying to find middle ground.As soon as someone brings race into the debate as their foundation of the argument they pretty much instantly lose all credibility on the subject. You can blame all the world problems on Racism against Obama, but it doesn't make any of it true.
The whole "I know you are but what am I" thing doesn't always work. The wealthy are earning more than they ever have since the era of the robber barons. Their taxes are historically low even with a tax increase, yet you're referring to that as a "mugging". It's a bunch of bs and you know it. You're either being very dishonest or completely willfully ignorant, not sure which.Actually the money was transferred to China, you can stop blaming the well off for all of the problems of this country.
Ignorant to history? I would say that were you , not us.
Ok sure, that's true but those loans were very misleading. A lot of people got into bad loans out of pure greed, others were conned into them.You can blame the Republicans for deregulating but they never grabbed the hand of a person making $35k a year to sign an interest only loan on a $400k house. That blame goes to the morons who bought what they couldn't afford in the first place.