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TheAnvil

Wealth redistribution

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Clicky

Wealth redistribution is fucking bullshit. It's earned, not distributed. That fucking shit-head Marx would be so proud.

[barf]

Counterpoint. So. If you are a sleazy CEO who rips off your shareholders and pensioners while getting millions for doing it and it put you in the way upper tax bracket and you have all those loopholes to avoid paying taxes, should you have to kick some down or do you deserve Big Bubba?
I hold it true, whate'er befall;
I feel it, when I sorrow most;
'Tis better to have loved and lost
Than never to have loved at all.

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Clicky

Wealth redistribution is fucking bullshit. It's earned, not distributed. That fucking shit-head Marx would be so proud.

[barf]



http://elections.foxnews.com/2008/10/13/obama-plumber-plan-spread-wealth/comments/

headline: Obama to Plumber:...

The link came up on my screen and I couldn't get past that...my bullshit meter threw an alert.

Try again.

Be humble, ask questions, listen, learn, follow the golden rule, talk when necessary, and know when to shut the fuck up.

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Clicky

Wealth redistribution is fucking bullshit. It's earned, not distributed. That fucking shit-head Marx would be so proud.

[barf]

Counterpoint. So. If you are a sleazy CEO who rips off your shareholders and pensioners while getting millions for doing it and it put you in the way upper tax bracket and you have all those loopholes to avoid paying taxes, should you have to kick some down or do you deserve Big Bubba?



If you didn't break any laws, then neither.

If the CEO violated some written corporate governance, then give it back to the company.

Otherwise, a clerk in the mail room, doing his job isn't entitled to a dime of anyone else's compensation, regardless of how outrageous it is.
So I try and I scream and I beg and I sigh
Just to prove I'm alive, and it's alright
'Cause tonight there's a way I'll make light of my treacherous life
Make light!

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Clicky

Wealth redistribution is fucking bullshit. It's earned, not distributed. That fucking shit-head Marx would be so proud.

[barf]

Counterpoint. So. If you are a sleazy CEO who rips off your shareholders and pensioners while getting millions for doing it and it put you in the way upper tax bracket and you have all those loopholes to avoid paying taxes, should you have to kick some down or do you deserve Big Bubba?



If you didn't break any laws, then neither.

If the CEO violated some written corporate governance, then give it back to the company.

Otherwise, a clerk in the mail room, doing his job isn't entitled to a dime of anyone else's compensation, regardless of how outrageous it is.



True. If that company signed that contract and allowed that CEO that take home amount.... the company (including the share holders) can't complain about the deal. BUT... they also shouldn't be bailed out by the government because of that contract either.

But... hey. Lets just take all from those who have it and give it to those that don't.

Why this pisses me off so much:

My sisters and I all have similiar intellect. All were given the same emphasis on education by my parents. My older sister chose to join the carnival after failing out of college (cuz she partied a bit). My younger sister has been hoping for some guy to come and sweep her off her feet and just take care of her. I chose to go to college on a scholarship, went into the military, then went back to medical school on my own finances and now.... I have been told by my sisters that the "deserve" to get a certain amount each month from me! Now... if I CHOSE to give .... that's one thing. But the EXPECTED contribution is intolerable.

This "redistrubution" is disgusting.

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We're a land of equal opportunity,.



No, we are most certainly NOT.



I disagree.

-one of my friends is a 18year old mother of two African American that was orphaned at age 16. She is a sophmore in college.
She is seizing the opportunity despite the challenges.

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THAT will result in worse economic issues.

I have a few friends with small businesses.
They cannot afford to provide healthcare for employess now.
Tax "incentives" don't interest them. It will NOT create "jobs" that do not currently exist.
If they have 20 employess now and are required by the government to provide healthcare, they'll have 10 employees when they do provide this healthcare.

NOW tell me how this is good for the economy again?

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Clicky

Wealth redistribution is fucking bullshit. It's earned, not distributed. That fucking shit-head Marx would be so proud.

[barf]

Counterpoint. So. If you are a sleazy CEO who rips off your shareholders and pensioners while getting millions for doing it and it put you in the way upper tax bracket and you have all those loopholes to avoid paying taxes, should you have to kick some down or do you deserve Big Bubba?



If you didn't break any laws, then neither.

If the CEO violated some written corporate governance, then give it back to the company.

Otherwise, a clerk in the mail room, doing his job isn't entitled to a dime of anyone else's compensation, regardless of how outrageous it is.

OK. My pension fund is going down the tube w/ all this shit. The CEO's are walking w/ millions. Is that fair?
I hold it true, whate'er befall;
I feel it, when I sorrow most;
'Tis better to have loved and lost
Than never to have loved at all.

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Life isn't fair. (as per Karen's Dad)

All my investments could bottom out.

A tornado could take my house.

I could fall down outside my house and have a head injury... wouldn't make a good dr with that.

But you take what you have and make the best of it. :)

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If you didn't break any laws, then neither.

If the CEO violated some written corporate governance, then give it back to the company.

Otherwise, a clerk in the mail room, doing his job isn't entitled to a dime of anyone else's compensation, regardless of how outrageous it is.



So, if you're wealthy enough to influence the regulation process in your favor then everything goes?

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http://www.prnewswire.com/cgi-bin/stories.pl?ACCT=109&STORY=/www/story/08-19-2008/0004869942&EDATE=

http://www.wsj.com/article/SB121910303529751345.html?mod=most_emailed_day

Sen. Obama's tax plans are disastrous. He keeps hitting the "if you make under $250K you won't see an increase in taxes" and "the majority of small businesses don't make over $250K.."

Well, he's wrong.

Small business makes up over 80% of this country's economy. Coupled with what is already the world's second highest corporate tax rate, Sen. Obama's tax hikes will not help this economy. It will kill growth.
So I try and I scream and I beg and I sigh
Just to prove I'm alive, and it's alright
'Cause tonight there's a way I'll make light of my treacherous life
Make light!

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http://www.prnewswire.com/cgi-bin/stories.pl?ACCT=109&STORY=/www/story/08-19-2008/0004869942&EDATE=

http://www.wsj.com/article/SB121910303529751345.html?mod=most_emailed_day

Sen. Obama's tax plans are disastrous. He keeps hitting the "if you make under $250K you won't see an increase in taxes" and "the majority of small businesses don't make over $250K.."

Well, he's wrong.

Small business makes up over 80% of this country's economy. Coupled with what is already the world's second highest corporate tax rate, Sen. Obama's tax hikes will not help this economy. It will kill growth.



According to the IRS, small businesses also account for about 80% of the tax cheating in the country, so I guess it will all be a wash.
...

The only sure way to survive a canopy collision is not to have one.

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Clicky

Wealth redistribution is fucking bullshit. It's earned, not distributed. That fucking shit-head Marx would be so proud.

[barf]

Counterpoint. So. If you are a sleazy CEO who rips off your shareholders and pensioners while getting millions for doing it and it put you in the way upper tax bracket and you have all those loopholes to avoid paying taxes, should you have to kick some down or do you deserve Big Bubba?


If you didn't break any laws, then neither.

If the CEO violated some written corporate governance, then give it back to the company.

Otherwise, a clerk in the mail room, doing his job isn't entitled to a dime of anyone else's compensation, regardless of how outrageous it is.
OK. My pension fund is going down the tube w/ all this shit. The CEO's are walking w/ millions. Is that fair?


Who's talking about fairness? Is it the CEOs fault that your pension is tanking for now? No. You know why? He's not your pension fund manager, and if you put all your eggs in one basket, I'll tell you what's not fair: Expecting the rest of us to pitch in to fix your bad decision. My savings took massive hits too - I was a buyer on the market today.

It's time to get it out of your head about what's fair. I could use that logic about the guy I saw who just got a new Sabre 2...why don't I have one. I want one. I'm a good enough skydiver and canopy pilot, why didn't I get one? You know, they should have comped him for half, and given one to me...yeah! :S Since when did fairness become a "right"? I see it no where in the Constitution.

Do you really think that CEOs appear out of nowhere? Many cut their teeth the same way the rest of us do - through hard work.

Are there shitbags in that group? Yep: Ebbers from WorldCom is my favorite scapegoat, along with the father-son gang from Adelphia. Out of the thousands of companies though, you're convinced they're all out to screw you? Don't think so. With their incentive based compensation, it's in their best interests to look out for the company and its employees. The best example I can think of is Verizon Communications. Ivan Seidenberg (CEO) started as a line-man for the old NY Telephone/Bell Atlantic. That company manages to maintain a decent balance with its union and non-union and is probably one of the best companies to work for anywhere.
So I try and I scream and I beg and I sigh
Just to prove I'm alive, and it's alright
'Cause tonight there's a way I'll make light of my treacherous life
Make light!

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> Is it the CEOs fault that your pension is tanking for now? No.

Sometimes it is. Jeff Skilling (CFO) and Ken Lay (CEO) were directly responsible for tens of thousands of people losing their pension, including utility workers who never worked for Enron (or indeed even chose to have anything to do with Enron.)

So while it is often true that a CEO has nothing to do with an outside retirement account, they often have an effect (sometimes a very direct one) on in-house pensions.

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We're a land of equal opportunity,.



No, we are most certainly NOT.


I disagree.

-one of my friends is a 18year old mother of two African American that was orphaned at age 16. She is a sophmore in college.
She is seizing the opportunity despite the challenges.


So some people have challenges to overcome while others have their granddaddy buy their way into Yale as "legacy admits", and in your mind that's equal opportunity?:S

Kids in suburban Illinois high schools have twice as much spent on their education as kids in inner city Chicago, and that's equal opportunity?:S
...

The only sure way to survive a canopy collision is not to have one.

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We're a land of equal opportunity,.



No, we are most certainly NOT.


I disagree.

-one of my friends is a 18year old mother of two African American that was orphaned at age 16. She is a sophmore in college.
She is seizing the opportunity despite the challenges.


So some people have challenges to overcome while others have their granddaddy buy their way into Yale as "legacy admits", and in your mind that's equal opportunity?:S

Kids in suburban Illinois high schools have twice as much spent on their education as kids in inner city Chicago, and that's equal opportunity?:S


Again with the life isn't fair.

I wasn't born with a silver spoon. But my choices are to either to work with what I do have or to whine about those that have more.

There will ALWAYS be someone with more and someone with less. Obsessing on what others have that you don't isn't going to get you anywhere in life.

I did public high school. State college on scholarship. No money from mommy and daddy... my sisters had EXACTLY the same opportunities.

Some times life isn't fair. Sometimes people expect too much "fairness"

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We're a land of equal opportunity,.



No, we are most certainly NOT.


I disagree.

-one of my friends is a 18year old mother of two African American that was orphaned at age 16. She is a sophmore in college.
She is seizing the opportunity despite the challenges.


So some people have challenges to overcome while others have their granddaddy buy their way into Yale as "legacy admits", and in your mind that's equal opportunity?:S

Kids in suburban Illinois high schools have twice as much spent on their education as kids in inner city Chicago, and that's equal opportunity?:S


More money = better education. Why am I not surprised by this?
Please don't dent the planet.

Destinations by Roxanne

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We're a land of equal opportunity,.



No, we are most certainly NOT.


I disagree.

-one of my friends is a 18year old mother of two African American that was orphaned at age 16. She is a sophmore in college.
She is seizing the opportunity despite the challenges.


So some people have challenges to overcome while others have their granddaddy buy their way into Yale as "legacy admits", and in your mind that's equal opportunity?:S

Kids in suburban Illinois high schools have twice as much spent on their education as kids in inner city Chicago, and that's equal opportunity?:S


Does IIT have an endowment fund? How big is it?
So I try and I scream and I beg and I sigh
Just to prove I'm alive, and it's alright
'Cause tonight there's a way I'll make light of my treacherous life
Make light!

Share this post


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We're a land of equal opportunity,.



No, we are most certainly NOT.


I disagree.

-one of my friends is a 18year old mother of two African American that was orphaned at age 16. She is a sophmore in college.
She is seizing the opportunity despite the challenges.


So some people have challenges to overcome while others have their granddaddy buy their way into Yale as "legacy admits", and in your mind that's equal opportunity?:S

Kids in suburban Illinois high schools have twice as much spent on their education as kids in inner city Chicago, and that's equal opportunity?:S


Again with the life isn't fair.



Unfair != "equal opportunity". I think you just made the point very nicely.
...

The only sure way to survive a canopy collision is not to have one.

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We're a land of equal opportunity,.



No, we are most certainly NOT.


I disagree.

-one of my friends is a 18year old mother of two African American that was orphaned at age 16. She is a sophmore in college.
She is seizing the opportunity despite the challenges.


So some people have challenges to overcome while others have their granddaddy buy their way into Yale as "legacy admits", and in your mind that's equal opportunity?:S

Kids in suburban Illinois high schools have twice as much spent on their education as kids in inner city Chicago, and that's equal opportunity?:S


Again with the life isn't fair.



Unfair != "equal opportunity". I think you just made the point very nicely.


So... unless you are planning not to give a penny to your children, to do nothing to better their future, instead to give an equal balance between yours and every other child out there.... you are just contribuating to that inequality.

I chose not to have children. Instead I've encourage those whose parents can't or won't.

Life isn't fair. Deal with that and do the best you can.

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We're a land of equal opportunity,.



No, we are most certainly NOT.


I disagree.

-one of my friends is a 18year old mother of two African American that was orphaned at age 16. She is a sophmore in college.
She is seizing the opportunity despite the challenges.


So some people have challenges to overcome while others have their granddaddy buy their way into Yale as "legacy admits", and in your mind that's equal opportunity?:S

Kids in suburban Illinois high schools have twice as much spent on their education as kids in inner city Chicago, and that's equal opportunity?:S


Again with the life isn't fair.



Unfair != "equal opportunity". I think you just made the point very nicely.


So... unless you are planning not to give a penny to your children, to do nothing to better their future, instead to give an equal balance between yours and every other child out there.... you are just contribuating to that inequality.

I chose not to have children. Instead I've encourage those whose parents can't or won't.

Life isn't fair. Deal with that and do the best you can.


Fine, but don't pretend that every American has the same opportunity. This is NOT an equal opportunity society.
...

The only sure way to survive a canopy collision is not to have one.

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Fine, but don't pretend that every American has the same opportunity. This is NOT an equal opportunity society.



I still disagree with you.

Life might not be fair.

But America does have equal opportunity IF you decide to work for it. You don't have to be born with a rich daddy to be a Dr. Does it help? Of course it would. But the opportunity is there even without it. Is it equal... I would still argue yes. You still have to pass the classes yourself. You still have to take the MCAT yourself. You still have to interview yourself. You are admitted based on those criteria. You might get the interview cuz Daddy is an alum, but they don't have to take you.

(so go and change your will and leave all of it to the Shriners Cripple Childrens Hospital or to St. Judes - that would be more "fair" than leaving it to your children)

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