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quade

Economy still sucks, unemployment is still high, yet the rich just keep getting richer.

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Can somebody explain to me why it's in the interest of the average American to even consider extending the tax cuts to the wealthy?

The 400 richest people in the US control $1.37 trillion dollars, more than at any other time in history.
http://money.cnn.com/2010/09/22/news/companies/forbes_400/index.htm?hpt=T2

That's just crazy.
quade -
The World's Most Boring Skydiver

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are you channeling Lucky/dreamdancer, or were you asking a serious question?

is the 1.37T inflation adjusted? Compared to the time of the robber barons of America?

The article notes they are up 8% from 2009. But that's hardly surprising given the drop they suffered in 2008. I notice that Ellison is still substantially below where he peaked.

Most of that wealth is long term holdings (ie, company stock) and would have nothing to do with the tax cuts in question.

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That's just crazy.


Why?



Because it seems as if the top 1% are immune the problems of "us little people"; the 309,000,000 others. The top 1% of the country controls something in the neighborhood of 42% of the wealth.

It's a system woefully out of balance.

I might be wrong, but I believe that's a number far higher than caused the French Revolution.
quade -
The World's Most Boring Skydiver

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You know what is even more crazy, how you continue to ignore the out of control spending of governments. Yes we must pay taxes for our services, but things have gotten so out of control in the last 50 years. We would not need to worry about sicking the tax boogie man on the hated rich people if governments actually spent the same amount as they took in. America could still be the model "free market society" in the world if American governments didn't spend so much money (yes this includes military spending). Instead of sicking the boogie man on the hated rich, why don't you ask politicians to start balancing their books and paying off their debts. I know this is a pipe dream, society has gone past the point of no return ... but we would all have more money in our pockets if we weren't taxed so much and well why are we taxed so much? Could it be because governments spend too much money?

You have no future in the "Tea Party" movement. :ph34r:

but I am sure you will find a home with the Marxists. :P



Try not to worry about the things you have no control over

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Can somebody explain to me why it's in the interest of the average American to even consider extending the tax cuts to the wealthy?

The 400 richest people in the US control $1.37 trillion dollars, more than at any other time in history.
http://money.cnn.com/2010/09/22/news/companies/forbes_400/index.htm?hpt=T2

That's just crazy.



I REALLLLY do not get why so many "conservatives" are such apologists for the rich and the politicians they OWN. They have proved over the last 30 years that VOO DOO DOO economics is a BAD idea... I can only surmise they LIKE the promises of being trickled on some more:S:S

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I'm confused. In another thread you implied you were currently living in Canada.



The US economy and the Canadian economy are linked. We are each other's largest trading partners and we supply you with most of the natural resources you consume. You can't be that obtuse to think what goes on in the USA does not effect those of us who call Canuckistan home. :S


Try not to worry about the things you have no control over

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I REALLLLY do not get why so many "conservatives" are such apologists for the rich and the politicians they OWN. They have proved over the last 30 years that VOO DOO DOO economics is a BAD idea... I can only surmise they LIKE the promises of being trickled on some more:S:S


_________________________________________
Since when did Obama become a conservative?
Obama biggest recipient of BP cash....:D
http://www.politico.com/news/stories/0510/36783.html

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I'm confused. In another thread you implied you were currently living in Canada.


The US economy and the Canadian economy are linked. We are each other's closest trading partners and we supply you with most of the natural resources you consume. You can't be that obtuse to think what goes on in the USA does not effect those of us who call Canuckistan home. :S


Not to go off on a rant here, but has it ever occurred to you why Canada doesn't have to spend 1/10th the amount of money for defense the US does?

The US spends a LOT of money for defense and Canada benefits GREATLY from it. Canada spends a LOT of money on health care and culture, which the US benefits very little from.

Geography, to a huge extent, dictates what country's spend their taxes on.

Here, read a book;
http://en.wikipedia.org/wiki/Guns,_Germs,_and_Steel
quade -
The World's Most Boring Skydiver

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I REALLLLY do not get why so many "conservatives" are such apologists for the rich and the politicians they OWN



You are obtuse for saying this. Either that or you are a partisan hack. Oh wait, my mistake. I will give you the benefit of the doubt that you are NOT obtuse because we all know you are one of the biggest partisans on this site.

The only rich people I have issues with are those sitting at the top of the food chain at the various Central Banks around the globe. Other than that, why should I care how much money someone has. It is their money, not mine. I do not deserve anything that I did not work for. Unlike leftists, I don't think I am entitled to anything outside of a fair chance to live my life as I choose (as long as I don't harm others).

As far as the rich owning politicians, well just see what was written in the first paragraph. :S


Try not to worry about the things you have no control over

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has it ever occurred to you why Canada doesn't have to spend 1/10th the amount of money for defense the US does? The US spends a LOT of money for defense and Canada benefits GREATLY from it.



How old do you think I am? Do you think I am some teenager? Tell me something I don't already know. The USA spends far too much on it's military and Canada relies far too much on the USA for it's defense.

Just curious ... how much do you really know about us? I know Amazon knows this, but do you? A Conservative in Canada is kind of like a Democrat in the USA. If you want to talk to Canada about pulling it's own weight for it's defense spending you really need to be talking to the Canadian Liberals (and their coalition allies the Bloc Quebecois and the NDP). But here is a heads up for you. Many of them (not all) absolutely hate your guts. The Canadian Conservatives are trying to upgrade our military and presently it is costing them big time in our Liberal media. There is a lot of political posturing going on up here right now and our politics are almost as much as a joke as yours are. But you guys do take the cake. :ph34r:


Try not to worry about the things you have no control over

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Can somebody explain to me why it's in the interest of the average American to even consider extending the tax cuts to the wealthy?

The 400 richest people in the US control $1.37 trillion dollars, more than at any other time in history.
http://money.cnn.com/2010/09/22/news/companies/forbes_400/index.htm?hpt=T2

That's just crazy.




Maybe.
But isn't it comforting to know that you live in a country where you are free to join that 1% if you choose to do so and have the intellect and the work ethic to make it happen. :)Instead of whining about the rich why not shut off your computer and get busy with a plan to join them? You certainly won't get rich here in SC. :P
HAMMER:
Originally employed as a weapon of war, the hammer nowadays is used as a
kind of divining rod to locate the most expensive parts adjacent the
object we are trying to hit.

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Instead of whining about the rich why not shut off your computer and get busy with a plan to join them? You certainly won't get rich here in SC. :P



I'm curious--what plan for joining the rich in this day and age would start by shutting off one's computer? True, one might close this particular browser window (eg SC) and open something else more focused on entrepreneurship.

But almost all plans for success these days, even in non-technical fields, are going to require that someone be digitally literate and connected.
"It's hard to have fun at 4-way unless your whole team gets down to the ground safely to do it again!"--Northern California Skydiving League re USPA Safety Day, March 8, 2014

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Instead of whining about the rich why not shut off your computer and get busy with a plan to join them? You certainly won't get rich here in SC. :P



I'm curious--what plan for joining the rich in this day and age would start by shutting off one's computer? True, one might close this particular browser window (eg SC) and open something else more focused on entrepreneurship.

But almost all plans for success these days, even in non-technical fields, are going to require that someone be digitally literate and connected.


You are absolutely correct. :) The general idea I was attempting to get across was that few will ever become rich from posting here in SC.
HAMMER:
Originally employed as a weapon of war, the hammer nowadays is used as a
kind of divining rod to locate the most expensive parts adjacent the
object we are trying to hit.

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quade , have you read anything by kiyosaki ?



The "Rich Dad" guy?

He's a motivational speaker and "wants you to be rich", but most people (Wall Street Journal) consider his advice not to be sound.

If that's the guy you're talking about, then I can't say I've read his books, but I know of him.
quade -
The World's Most Boring Skydiver

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You know what is even more crazy, how you continue to ignore the out of control spending of governments.



IS that like the, "internets?"

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Yes we must pay taxes for our services, but things have gotten so out of control in the last 50 years. We would not need to worry about sicking the tax boogie man on the hated rich people if governments actually spent the same amount as they took in.



I see, so cut the 600B/yr military + all the >1T over the last 7 years on the ME wars? Or is that off the shelf? Funny thing is that since the GD when taxes are high and spending is generous, the economy has been generally well and we haven't run a debt at those times; some times cut the debt.

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America could still be the model "free market society" in the world if American governments didn't spend so much money (yes this includes military spending).



We are a model, a model of disaster. We were the origin of the GD and now the Great Recession.

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Instead of sicking the boogie man on the hated rich, why don't you ask politicians to start balancing their books and paying off their debts. I know this is a pipe dream, society has gone past the point of no return ...



The country has done the best under periods of high taxation, so perhaps you can make your fantasy truthful on paper rather than on theory.

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but we would all have more money in our pockets if we weren't taxed so much and well why are we taxed so much? Could it be because governments spend too much money?



Taxing and spending are seperate actions. They come together at the final tally, sort of, but the two don't affect each other in the formative process. IOW's, when tax schedules are drawn up, other than rhetorically, spending isn't considered.

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You have no future in the "Tea Party" movement. :ph34r:

but I am sure you will find a home with the Marxists. :P



And you will do well with the corporate neo-fascists that have run the debt so high and killed labor's rights.

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I'm confused. In another thread you implied you were currently living in Canada.



The US economy and the Canadian economy are linked. We are each other's largest trading partners and we supply you with most of the natural resources you consume. You can't be that obtuse to think what goes on in the USA does not effect those of us who call Canuckistan home. :S


http://en.wikipedia.org/wiki/List_of_the_largest_trading_partners_of_the_United_States

You should check your facts before making assertions:

This list does not include the European Union (EU), which includes three (Germany, UK, France) of the above states in a single economic entity. As a single economy, the EU is the largest trading partner of the US with €204 billion worth of EU goods going to the US and €160 billion of US goods going to the EU as of 2009[update].[3].

But thx for butting into our politics as if you have a real claim here, denoucing socialized meds as you pump your gov med card for freebies. How can you denouce socialism when you are a Socialist?

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Unlike leftists, I don't think I am entitled to anything outside of a fair chance to live my life as I choose



As he hands his gov id over for free HC. Your balloon just burst bro, all this pro-capitalism / anti-socialism BS of yours just took a big shit.

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Unlike leftists, I don't think I am entitled to anything outside of a fair chance to live my life as I choose


As he hands his gov id over for free HC. Your balloon just burst bro, all this pro-capitalism / anti-socialism BS of yours just took a big shit.


there's a rat in separate
there's a rat in democrat
there's a rat right next to your big shi tea sandwich !

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Unlike leftists, I don't think I am entitled to anything outside of a fair chance to live my life as I choose



As he hands his gov id over for free HC. Your balloon just burst bro, all this pro-capitalism / anti-socialism BS of yours just took a big shit.



there's a rat in separate
there's a rat in democrat
there's a rat tight next to your big shi tea sandwich !



Yes and I would ask you to leave it alone.

So would you like to defend our socialist Canadian brother or let him do it for himself?

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So would you like to defend our socialist Canadian brother or let him do it for himself?



Would you listen to this guy. Wants the government to take all the rich man's money and distribute it among the monetarily challenged and HE calls someone else a socialist.
Too freakin' funny! :D
HAMMER:
Originally employed as a weapon of war, the hammer nowadays is used as a
kind of divining rod to locate the most expensive parts adjacent the
object we are trying to hit.

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So would you like to defend our socialist Canadian brother or let him do it for himself?



Would you listen to this guy. Wants the government to take all the rich man's money and distribute it among the monetarily challenged and HE calls someone else a socialist.
Too freakin' funny! :D


I just want the rich to reinvest a lot of their profits. As fro me a socialist, nothing compared to CanuckintheUSA; he gets all the socialist goodies, yet sounds like one of you neo-cons.

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