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Thread: White House Tax Plan Would Ask More of Millionaires

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    Re: White House Tax Plan Would Ask More of Millionaires

    Quote Originally Posted by EarlzP View Post
    Nothing makes me happier then knowing that people like you can't deal with people like me, some of us count our blessings and some of us count our money, some of us know that there but for the grace of God go I and some of us think that they are god which are you.
    After reading your posts for the past month not sure which one are you. Sounds to me like you talk alot but do very little always expecting someone else to do it for you such as giving to those truly in need. You seem to be one that expects the govt. to do it for you. I know which one I am and I can honestly claim that you don't have a clue.

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    Re: White House Tax Plan Would Ask More of Millionaires

    Quote Originally Posted by Conservative View Post
    After reading your posts for the past month not sure which one are you. Sounds to me like you talk alot but do very little always expecting someone else to do it for you such as giving to those truly in need. You seem to be one that expects the govt. to do it for you. I know which one I am and I can honestly claim that you don't have a clue.
    Lets see you support the rich stealing from the poor so that they can then give it to the poor, do I have that right?

    Food speculation: aFood speculation: 'People die from hunger while banks make a killing on food' | Global development | The Observer


    As food prices soar again to beyond 2008 levels, it becomes clear that everyone is now being affected. Food prices are now rising by up to 10% a year in Britain and Europe. What is more, says the UN, prices can be expected to rise at least 40% in the next decade.

    There has always been modest, even welcome, speculation in food prices and it traditionally worked like this. Farmer X protected himself against climatic or other risks by "hedging", or agreeing to sell his crop in advance of the harvest to Trader Y. This guaranteed him a price, and allowed him to plan ahead and invest further, and it allowed Trader Y to profit, too. In a bad year, Farmer X got a good return but in a good year Trader Y did better.

    When this process of "hedging" was tightly regulated, it worked well enough. The price of real food on the real world market was still set by the real forces of supply and demand.

    But all that changed in the mid-1990s. Then, following heavy lobbying by banks, hedge funds and free market politicians in the US and Britain, the regulations on commodity markets were steadily abolished. Contracts to buy and sell foods were turned into "derivatives" that could be bought and sold among traders who had nothing to do with agriculture. In effect a new, unreal market in "food speculation" was born. Cocoa, fruit juices, sugar, staples, meat and coffee are all now global commodities, along with oil, gold and metals. Then in 2006 came the US sub-prime disaster and banks and traders stampeded to move billions of dollars in pension funds and equities into safe commodities, and especially foods.
    I am just guessing but it appears that others "occupy wall street demonstrators" see it differently then you do, it appears that some are catching on and under stand how Wall Street is nothing more then an opportunity for the rich to continue to plunder the economy of our country, I think the end of the unregulated scam called Wall Street is coming, 2012 will be the end

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    Re: White House Tax Plan Would Ask More of Millionaires

    Quote Originally Posted by EarlzP View Post
    Lets see you support the rich stealing from the poor so that they can then give it to the poor, do I have that right?



    I am just guessing but it appears that others "occupy wall street demonstrators" see it differently then you do, it appears that some are catching on and under stand how Wall Street is nothing more then an opportunity for the rich to continue to plunder the economy of our country, I think the end of the unregulated scam called Wall Street is coming, 2012 will be the end
    I feel sorry for you, always putting blame on someone else yet never doing a thing to help those that you claim you care about. I cannot believe you ever worked in the private sector. Your articles and you are a waste of time, never offering anything but opinions and never offering a solution. You apparently have no problem with govt. taking personal income and redistributing wealth. Govt has been taking personal income from individuals and today we have more in poverty than anytime in history. Where is your outrage over a govt that steals more and wastes more than Wall Street?

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    Re: White House Tax Plan Would Ask More of Millionaires

    Quote Originally Posted by Conservative View Post
    I feel sorry for you, always putting blame on someone else yet never doing a thing to help those that you claim you care about. I cannot believe you ever worked in the private sector. Your articles and you are a waste of time, never offering anything but opinions and never offering a solution. You apparently have no problem with govt. taking personal income and redistributing wealth. Govt has been taking personal income from individuals and today we have more in poverty than anytime in history. Where is your outrage over a govt that steals more and wastes more than Wall Street?
    OMG, I think you just shattered the irony-O-meter.

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    Re: White House Tax Plan Would Ask More of Millionaires

    Quote Originally Posted by Conservative View Post
    Your idea hat Wall Street takes from people is foolish and is just another diversion from your own failures. No one forced anyone to invest in Wall Street so that argument of yours is foolish.
    I think his argument is more concerned with most public corporations' primary concern of driving up the bottom line. Of course, corporations did not force these people to invest in their companies; however, society as a whole is invested in these companies, and likewise the other way. Let's take everyone's favorite case-in-point capitalist company in Wal-Mart. Why should they afford their employees adequate health care and pensions when that money could be invested elsewhere having been derived from profit instead of written off as an expense or put on the books as a liability?

    the fact is we have a 3.7 trillion dollar budget, 90 million Americans no paying any FIT(mostly people making 50k or less) and a 14.6 trillion dollar debt due to spending in the name of compassion that never generates compassionate results.
    I don't think anyone will contend that government (and its spending) is very overreaching at this point in time; otherwise, I think they're just not realizing the vastness of the bureaucratic structure in this country. Considering the vast amount of wealth that individuals have tied up in the capital structure of major corporations, I don't find it necessary for a good chunk of the population to pay taxes where they have not sustained anywhere near as great a benefit from this country's policies, resources, and citizens.

    Also, I wouldn't entirely blame this country's debt problems on the generosity to those in this country not here legally and those unmotivated to be employed. Much of the country's expenses are wrapped up in military spending that has our country's imperialistic measures in a dick-measuring contest with that of England's back in its heyday.

    The people sucking the blood out of the economy are liberals whose entire purpose in life is to keep people dependent. You are an enabler of that kind o activity.
    Are vampires are liberals, but not all liberals are vampires.
    Last edited by muRda; 10-02-11 at 12:23 AM.

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    Re: White House Tax Plan Would Ask More of Millionaires

    Quote Originally Posted by Conservative View Post
    I feel sorry for you, always putting blame on someone else yet never doing a thing to help those that you claim you care about. I cannot believe you ever worked in the private sector. Your articles and you are a waste of time, never offering anything but opinions and never offering a solution. You apparently have no problem with govt. taking personal income and redistributing wealth. Govt has been taking personal income from individuals and today we have more in poverty than anytime in history. Where is your outrage over a govt that steals more and wastes more than Wall Street?
    People who refuse to accept responsibility for their own lot in life tend to fail. what we have on this board are people who are essentially spewing what I call "economic vandalism" sort of similar to the woman who wanted king solomon to cut the baby in half. They realize that they don't have what it takes to be successful so they want the government to prevent others from being successful



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    Re: White House Tax Plan Would Ask More of Millionaires

    Quote Originally Posted by AdamT View Post
    OMG, I think you just shattered the irony-O-meter.
    I think that is hilarious coming from you



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    Re: White House Tax Plan Would Ask More of Millionaires

    Quote Originally Posted by TurtleDude View Post
    People who refuse to accept responsibility for their own lot in life tend to fail. what we have on this board are people who are essentially spewing what I call "economic vandalism" sort of similar to the woman who wanted king solomon to cut the baby in half. They realize that they don't have what it takes to be successful so they want the government to prevent others from being successful
    Some people realize that they don't have what it takes to be successful -- that they only wear the costume of success because it was handed to them on a platter. Those people are compelled to burry these thoughts to maintain some remnant of self worth. Part of that psychological interment involves throwing dirt on those who didn't have it handed to them on a platter. We can't have those zombies walking around!
    Last edited by AdamT; 10-02-11 at 01:39 AM.

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    Re: White House Tax Plan Would Ask More of Millionaires

    Quote Originally Posted by Conservative View Post
    I feel sorry for you, always putting blame on someone else yet never doing a thing to help those that you claim you care about. I cannot believe you ever worked in the private sector. Your articles and you are a waste of time, never offering anything but opinions and never offering a solution. You apparently have no problem with govt. taking personal income and redistributing wealth. Govt has been taking personal income from individuals and today we have more in poverty than anytime in history. Where is your outrage over a govt that steals more and wastes more than Wall Street?
    According to you speculators do not drive up the price of essential needs is that what you are saying? Do you think that just because you say it makes it a fact? Tell me if you are involved in speculating on essential life products how do you sleep at night knowing that millions of people who need these products are unable to buy them. The poor and needy don't have the money to get involved, do you feel better giving back some small portion of what you steal?

    Lets see if you can get away from your talking points long enough to explain how speculating does not effect the poor, I read your replies and wonder if you are not a robot you do not address the issues brough up you just restate your talking points

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    Re: White House Tax Plan Would Ask More of Millionaires

    muRda;1059841424]I think his argument is more concerned with most public corporations' primary concern of driving up the bottom line. Of course, corporations did not force these people to invest in their companies; however, society as a whole is invested in these companies, and likewise the other way. Let's take everyone's favorite case-in-point capitalist company in Wal-Mart. Why should they afford their employees adequate health care and pensions when that money could be invested elsewhere having been derived from profit instead of written off as an expense or put on the books as a liability?
    Public corporations are an easy mark for liberals and people who want to ignore that all corporations are made up of people. People run corporations, people employ other people, people pay taxes and so do those legal entities called corporations. Without corporations there aren't jobs although those evil big corporations constitute about 20% of the labor force leaving the majority to small corporations and individual proprietors and other entities.

    Corporations and all businesses are in business to make money and drive the bottomline. That is the way our economy works and there is absolutely nothing wrong with profit.

    I don't think anyone will contend that government (and its spending) is very overreaching at this point in time; otherwise, I think they're just not realizing the vastness of the bureaucratic structure in this country. Considering the vast amount of wealth that individuals have tied up in the capital structure of major corporations, I don't find it necessary for a good chunk of the population to pay taxes where they have not sustained anywhere near as great a benefit from this country's policies, resources, and citizens.
    I would love for you and all others to define for me the role of the Federal Govt, the state govt, and local governments, then tell me why we need a 3.7 trillion dollar budget? What exactly does a federal bureaucrat know about a social problem in your state and town? Why should we send tax dollars to D.C. so they can turn around and send it where they want instead of where is needed.

    Also, I wouldn't entirely blame this country's debt problems on the generosity to those in this country not here legally and those unmotivated to be employed. Much of the country's expenses are wrapped up in military spending that has our country's imperialistic measures in a dick-measuring contest with that of England's back in its heyday.
    To answer this you need to define the role of the Federal Govt. and then look at the Federal Budget line items. Get back to me when you have done that for when you do you will find that the vast majority of the budget ISN'T military spending. Stop buying what you are told and actually getting the facts.

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