StreetScooby 5 #51 August 6, 2011 Quote you agree that whatever happens to the rich - they're not going to starve. unlike the poor... How do you think people get rich in America? By and large, they take risks and work their ass off, for a very long time. They commit their life to it. These are the people who produce jobs and growth in GDP. The government doesn't do that. I care very much what happens to the "rich". If their hard earned money is confiscated, then who's going to put the effort in required to build and own a company? Then, when that happens, where is the government going to get its money?We are all engines of karma Quote Share this post Link to post Share on other sites
dreamdancer 0 #52 August 6, 2011 Quote If their hard earned money is confiscated, taxed stay away from moving propellers - they bite blue skies from thai sky adventures good solid response-provoking keyboarding Quote Share this post Link to post Share on other sites
StreetScooby 5 #53 August 6, 2011 Quote taxed 25% is taxed. Start getting much over that, and it's confiscatory.We are all engines of karma Quote Share this post Link to post Share on other sites
dreamdancer 0 #54 August 6, 2011 QuoteQuote taxed 25% is taxed. Start getting much over that, and it's confiscatory. on the other hand - if they hadn't of confiscated so much of our wealth in the first place we wouldn't be asking for it back now would we?stay away from moving propellers - they bite blue skies from thai sky adventures good solid response-provoking keyboarding Quote Share this post Link to post Share on other sites
StreetScooby 5 #55 August 6, 2011 Quote if they hadn't of confiscated so much of our wealth in the first place we wouldn't be asking for it back now would we? I don't think markets are perfect, but they are the only proven mechanism that's been able to increase living standards for a society. In order for markets to work, there must be many sellers and many buyers. When that gets out of whack, it's no longer a market as defined, and issues can arise.We are all engines of karma Quote Share this post Link to post Share on other sites
dreamdancer 0 #56 August 6, 2011 QuoteIn order for markets to work, they must be well regulated by government...stay away from moving propellers - they bite blue skies from thai sky adventures good solid response-provoking keyboarding Quote Share this post Link to post Share on other sites
StreetScooby 5 #57 August 6, 2011 Quote they must be well regulated by government... And that's a never ending balance. Well regulated vs. over/under regulated. Alot of this balance is dictated by how well educated a society is.We are all engines of karma Quote Share this post Link to post Share on other sites
dreamdancer 0 #58 August 6, 2011 QuoteQuote they must be well regulated by government... And that's a never ending balance. Well regulated vs. over/under regulated. Alot of this balance is dictated by how well educated a society is. the market has been badly regulated, letting the rich accrue too much wealth which they then use to further 'tilt' the market their way. this is why the rich don't want a well educated society - enough to do the 'clever' jobs for them but no more...stay away from moving propellers - they bite blue skies from thai sky adventures good solid response-provoking keyboarding Quote Share this post Link to post Share on other sites
StreetScooby 5 #59 August 6, 2011 Quote this is why the rich don't want a well educated society Ultimately, it's the family's responsibility to educate their children, independent of what the "rich" think.We are all engines of karma Quote Share this post Link to post Share on other sites
dreamdancer 0 #60 August 6, 2011 QuoteQuote this is why the rich don't want a well educated society Ultimately, it's the family's responsibility to educate their children, independent of what the "rich" think. no, it's society's job to educate the next generation...stay away from moving propellers - they bite blue skies from thai sky adventures good solid response-provoking keyboarding Quote Share this post Link to post Share on other sites
lawrocket 3 #61 August 6, 2011 Revenues didn't drop under Bush! They rose to record levels. The problem was that spending increased more quickly that revenues. That is until the market crashed and revenues did drop. Which is, of course, when spending accelerated astronomically. My wife is hotter than your wife. Quote Share this post Link to post Share on other sites
StreetScooby 5 #62 August 6, 2011 Quote no, it's society's job to educate the next generation... We'll have to agree to disagree on that point. One of the problems with our federal government's approach to welfare is the dismantling of the traditional family. "Rewarding" mother's for having children out of wedlock is not the correct path to take. Same problem in Britain. When girls have children out of wedlock so they can get council housing, that should be a red flag that something is wrong. Government should emphasize productive citizens. Productive citizens are responsible and can take care of themselves and their family. Otherwise, you end up with a society that doesn't work (...no pun intended).We are all engines of karma Quote Share this post Link to post Share on other sites
kelpdiver 2 #63 August 6, 2011 QuoteRevenues didn't drop under Bush! They rose to record levels. The problem was that spending increased more quickly that revenues. That is until the market crashed and revenues did drop. Which is, of course, when spending accelerated astronomically. pretty sure it dropped in the 2008 tax year (which settles up in April 2009). The point was that simply looking at deficit levels, rather than year revenues and spending makes it difficult to evaluate claims of Bush v Obama. We've seen the boom and bust pattern in California every decade at least once - Sac jacks up spending during the good days and then when revenues dry up in a bad spell, budget balancing is a pain. Arnold tried his hardest to get measures in to level out the spending through the cycle, but he was just wasn't good enough on the political side to get it done. Bush obliterated the notion that the Republicans are about small government or balanced budgets. Still can't tell if the Tea Party types are serious, or just taking advantage of their minority status to say things that won't actually be done (like any good Libertarian). Quote Share this post Link to post Share on other sites
StreetScooby 5 #64 August 7, 2011 Wow, even columnists in Britain are starting to question the sustainability of the welfare state: http://www.telegraph.co.uk/comment/columnists/janetdaley/8685945/If-we-are-to-survive-the-looming-catastrophe-we-need-to-face-the-truth.html Quote The hardest obstacle to overcome will be the idea that anyone who challenges the prevailing consensus of the past 50 years is irrational and irresponsible. That is what is being said about the Tea Partiers. In fact, what is irrational and irresponsible is the assumption that we can go on as we are. We are all engines of karma Quote Share this post Link to post Share on other sites
dreamdancer 0 #65 August 7, 2011 QuoteWow, even columnists in Britain are starting to question the sustainability of the welfare state: http://www.telegraph.co.uk/comment/columnists/janetdaley/8685945/If-we-are-to-survive-the-looming-catastrophe-we-need-to-face-the-truth.html Quote The hardest obstacle to overcome will be the idea that anyone who challenges the prevailing consensus of the past 50 years is irrational and irresponsible. That is what is being said about the Tea Partiers. In fact, what is irrational and irresponsible is the assumption that we can go on as we are. wow, we have a right wing press here as well...stay away from moving propellers - they bite blue skies from thai sky adventures good solid response-provoking keyboarding Quote Share this post Link to post Share on other sites
StreetScooby 5 #66 August 7, 2011 Quote wow, we have a right wing press here as well... Just because she understands math makes her right wing?We are all engines of karma Quote Share this post Link to post Share on other sites
winsor 236 #67 August 7, 2011 QuoteQuote wow, we have a right wing press here as well... Just because she understands math makes her right wing? Typically. Quote Share this post Link to post Share on other sites
