SkydiveJonathan
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Everything posted by SkydiveJonathan
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Certainly not if it's inherited.
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Same thing, isn't it? You list Forbes and it lists peoples' wealth by dollars. How much do you propose leaving for the wealthy, by the way? Same as for everyone else - as much as they earn.
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War by the 1% (just like those nobles of old).
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You say Money - I say Wealth.
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Romney has reduced the great issues of fairness and a just society to the rather boring question of whether people are being fair to him and his friends, and whether they admire his fine qualities. Among other things, this cannot help him electorally: What is less attractive than a manifestly lucky man sulking about how everyone is jealous of him?
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So what? I was born poor, and I have no problem with that. It's all about the money to you, isn't it? It is. You and your ilk are the greediest folks out there. Once again you show why there is so little point in attempting a sensible discussion with you. Irony score: 10/10 This is not a new theme for Romney. In January, after winning the New Hampshire primary, he spoke in his victory speech about “the bitter politics of envy…. I stand ready to lead us down a different path, where we are lifted up by our desire to succeed, not dragged down by a resentment of success.” The next morning, he spoke to Matt Lauer: Lauer: I’m curious about the word ‘envy.’ Did you suggest that anyone who questions the policies and practices of Wall Street and financial institutions, anyone who has questions about the distribution of wealth and power in this country, is envious? Is it about jealousy, or fairness? Romney: You know, I think it’s about envy. I think it’s about class warfare.
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So what? I was born poor, and I have no problem with that. It's all about the money to you, isn't it? It is. You and your ilk are the greediest folks out there. Once again you show why there is so little point in attempting a sensible discussion with you.
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The list of the country's richest people tells the story of a nation where being born into wealth or inheriting great sums from a departed spouse are by far the most common paths to financial fortune.
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Basically, while libertarian capitalists believe all force and coercion is wrong unless used to defend one's person or property libertarian socialists believe all force and coercion is wrong unless used to defend one's person, but not one's property since all property was originally founded on theft and relies on state coercion. Without state coercion capitalists would have to create private organizations (basically, miniature states) to enforce property 'rights'. Libertarian capitalists ignore the fact that companies would monopolize land and exclude certain companies, eventually leading to vast tracts of private property that function like modern states do.
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How about the new noble 1% are getting richer and richer at our and our children's expense?
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The Bank of Japan (BoJ) is to buy a further 10 trillion yen (£79bn) of bonds, bringing the total accumulated so far in its battle against deflation to 80 trillion yen, or 20pc of Japanese GDP. (Over 20 years).
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Two examples cited by the report which directly impact the ability of the rich to retain and pass along their enormous assets: •Tax rates on capital gains have been slashed, which especially benefits members of the Forbes list. The richest 0.1% receive half of all net increases in capital gains. •Drastic cuts to the federal estate tax passed in the Bush tax cuts and the 2010 Obama tax deal allow the Forbes 400 to pass on more of their massive fortunes to their heirs, contributing to the growth of inequality and entrenching a class of super-wealthy heirs.
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You're funny
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Taking a close look at last year's list of wealthiest people, the UFE discovered that roughly 40% of the individuals who appeared on the 2011 Forbes list received a "significant economic advantage in their lives by inheriting a sizeable asset from a spouse or family member." Strikingly, more than 20% received sufficient wealth to make the list from this inheritance alone.
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“The American public provided hundreds of billions to bailout Wall Street during the global fiscal crisis yet bore the brunt of the crisis with lost jobs and reduced household wealth,” said Rep. Ellison upon introduction of the bill. “This is a phenomenally wealthy nation, yet our tax and regulatory system allowed the financial titans to amass great riches while impoverishing the systems that enable inclusive prosperity. A financial transaction tax protects our financial markets from speculation and provides the revenue needed to invest in the education, health and communities of the American people.”
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again - fixed it for ya today's 1% don't collect taxes - the government does. The 1% protect their inherited wealth and make everyone else pay tax on their behalf. AGREED - that's half of the problem. (but not 'everyone' pays on their behalf, just the middle which actually pay on the behalf of both ends) The poor have no wealth beacuse the 1% have inherited it all just like the nobles of old.
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again - fixed it for ya today's 1% don't collect taxes - the government does. The 1% protect their inherited wealth and make everyone else pay tax on their behalf.
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And the poor had their stuff taken from them. That's how they were made poor - by an oppressive government. They were poor because they were born into a feudal system. They wanted democracy but the 1% wanted to squeeze the blood out of them
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Libertarian Socialism Not an oxymoron. In fact, the term "libertarian" was first used by a French anarcho-communist back in 1857 to describe himself (an anarchist). The modern term libertarianism (economic freedoms) was originally called liberalism. The term "libertarian" describes liberty (thus, the term is also used to describe metaphysical liberty within philosophy and metaphysics), and the term socialism describes a society in which wealth is fairly distributed. Thus, it is neither a literal nor a practical contradiction. A libertarian socialist would argue that a society based on such huge disparities of wealth is unfree. If you wish to enter into employment, you choose first and take orders later (as with liberal democracy). Libertarian socialists believe in voluntary association and economic democracy. This will allow the individual to reach his/her full potential.
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They taxed everyone apart from themselves - like the 1% of today. I went through my Libertarian phase many years ago. Many interesting ideas. But I grew up.
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The nobles were the great landowners - the 1% of their time. They inherited their wealth.
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Introduction of H.R. 6411 does not mark an end to the great grassroots campaign for a Robin Hood tax that continues to grow, but an additional focus. In the coming days, weeks, and months, activists are planning more actions to build the campaign, and also asking supporters to urge other members of Congress to sign on to the bill.
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H.R. 6411, formally known as the Inclusive Prosperity Act, would require the unaccountable Wall Street financiers and gamblers to begin to pay some restitution for all the damage they’ve caused to Main Street communities across the U.S. Not coincidentally, the bill was introduced on the eve of the one year anniversary of the Occupy Wall Street movement, that historic convergence that provided a critical reminder of the pervasive disparity in incomes and wealth in the U.S., and the salient point that the bankers got bailouts and bonuses while so many others were left behind.
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More foot in mouth for Gov. Etch a Sketch
SkydiveJonathan replied to kallend's topic in Speakers Corner
About three-fifths of the 47 percent are working and making less than $20,000 a year. However, they still pay payroll taxes (Social Security, Medicare, unemployment) and spend an average of 12.3 percent of their incomes on state and local taxes. -
Cruisers, aircraft carriers and minesweepers from 25 nations are converging on the strategically important Strait of Hormuz in an unprecedented show of force as Israel and Iran move towards the brink of war. Western leaders are convinced that Iran will retaliate to any attack by attempting to mine or blockade the shipping lane through which passes around 18 million barrels of oil every day, approximately 35 per cent of the world’s oil traded by sea. A blockade would have a catastrophic effect on the fragile economies of Britain, Europe the United States and Japan, all of which rely heavily on oil and gas supplies from the Gulf.