Page 12 of 15 FirstFirst ... 21011121314 ... LastLast
Results 111 to 120 of 146

Thread: Thieves preying on fellow protesters(Edited)

  1. #111
    I'm not-low all the time
    Kushinator's Avatar
    Join Date
    Jan 2006
    Location
    West Loop
    Last Seen
    Today @ 07:41 PM
    Gender
    Lean
    Independent
    Posts
    16,256

    Re: Thieves teach OWS protestors about redistribution, the hard way

    Quote Originally Posted by 1Perry View Post
    All intertwined bull**** which is why I acknowledge that many of the complaints from OWS is foolish, I support them overall.
    My comment still applies; capital injections and interest paid on excess reserves stem from two different objectives. Saying the government will not be repaid for TARP because of interest paid on excess reserves displays gross ignorance in regards to the topic.
    It is not very unreasonable that the rich should contribute to the public expense, not only in proportion to their revenue, but something more than in that proportion.
    "Wealth of Nations," Book V, Chapter II, Part II, Article I, pg.911

  2. #112
    Banned
    Join Date
    Jun 2011
    Last Seen
    03-16-12 @ 11:02 PM
    Gender
    Lean
    Libertarian
    Posts
    7,624

    Re: Thieves teach OWS protestors about redistribution, the hard way

    Quote Originally Posted by Goldenboy219 View Post
    My comment still applies; capital injections and interest paid on excess reserves stem from two different objectives. Saying the government will not be repaid for TARP because of interest paid on excess reserves displays gross ignorance in regards to the topic.
    I said we will not be paid back for all the benefits we have provided to Wall Street. That saying that TARP was paid back but ignoring that at least some of that was because of money provided by other government actions is dishonest.

  3. #113
    Educator
    Join Date
    Sep 2011
    Location
    ATL
    Last Seen
    07-07-12 @ 09:00 PM
    Lean
    Very Conservative
    Posts
    1,172

    Re: Thieves teach OWS protestors about redistribution, the hard way

    Quote Originally Posted by Ikari View Post
    Flat tax and consumption tax are regressive taxation though.
    Know they aren't, those types of taxes are actually fair taxes, everyone pays the same thing for the stuff they buy or the income they earn. Anything that isn't equal is BS. I thought the Constitution provided for everyone being treated equally, not fairly, under the law.......my bad. This Country has moved so far away from that simply principle our Founding Fathers would kill themselves if they saw what we have morphed into.
    I love the smell of burning moonbat in the morning.

  4. #114
    Sage
    Ikari's Avatar
    Join Date
    Dec 2006
    Location
    Colorado
    Last Seen
    12-08-17 @ 01:05 AM
    Gender
    Lean
    Libertarian - Left
    Posts
    54,124

    Re: Thieves teach OWS protestors about redistribution, the hard way

    Quote Originally Posted by conservativeguy View Post
    Know they aren't, those types of taxes are actually fair taxes, everyone pays the same thing for the stuff they buy or the income they earn. Anything that isn't equal is BS. I thought the Constitution provided for everyone being treated equally, not fairly, under the law.......my bad. This Country has moved so far away from that simply principle our Founding Fathers would kill themselves if they saw what we have morphed into.
    I too think the founding fathers would not like what they see now in the death throws of our Republic. Though I think the progressive income tax may not be the highest thing up there on the list.
    You know the time is right to take control, we gotta take offense against the status quo

    Quote Originally Posted by A. de Tocqueville
    "I should have loved freedom, I believe, at all times, but in the time in which we live I am ready to worship it."

  5. #115
    I'm not-low all the time
    Kushinator's Avatar
    Join Date
    Jan 2006
    Location
    West Loop
    Last Seen
    Today @ 07:41 PM
    Gender
    Lean
    Independent
    Posts
    16,256

    Re: Thieves teach OWS protestors about redistribution, the hard way

    Quote Originally Posted by 1Perry View Post
    I said we will not be paid back for all the benefits we have provided to Wall Street. That saying that TARP was paid back but ignoring that at least some of that was because of money provided by other government actions is dishonest.
    No it is not. Interest paid on excess reserves helps the Fed achieve its target rate. TARP was a capital injection, which should not be confused with the monetary base or excess reserves.
    It is not very unreasonable that the rich should contribute to the public expense, not only in proportion to their revenue, but something more than in that proportion.
    "Wealth of Nations," Book V, Chapter II, Part II, Article I, pg.911

  6. #116
    Banned
    Join Date
    Jun 2011
    Last Seen
    03-16-12 @ 11:02 PM
    Gender
    Lean
    Libertarian
    Posts
    7,624

    Re: Thieves teach OWS protestors about redistribution, the hard way

    Quote Originally Posted by Goldenboy219 View Post
    No it is not. Interest paid on excess reserves helps the Fed achieve its target rate. TARP was a capital injection, which should not be confused with the monetary base or excess reserves.
    As I said, one government program used to pay back another.

  7. #117
    Sage

    Join Date
    Sep 2010
    Last Seen
    Today @ 06:18 PM
    Gender
    Lean
    Other
    Posts
    12,451
    Blog Entries
    2

    Re: Thieves teach OWS protestors about redistribution, the hard way

    Quote Originally Posted by KevinKohler View Post
    Actually, that's the best answer to that question I've ever gotten. And one I'll agree with.

    Now for another one...how much of a concentration of owned wealth negatively affects everybody else?
    I think we are beginning to see the effects now of something that's been happening for 30 years or so.

    "Too big to fail" is a clear example of what happens when all the eggs are in too few baskets.

    I personally am not money driven. I have an "enough". A point where I don't habe a need for more. I'm not competitive. I'm equipped to compete, I just don't have any interest in doing so.

    So I really don't understand the financially motivated, those who will acquire as much as they can. And I have an active dislike for those who take everything they can get, even when doing so results in someone else having less.

    There is a lot of this activity in our system as it stands right now. Many places where those who decide who gets what from whatever the enterprise is, play the old "One for you. Two for me. One for you. One, two, three for me." Taking all the pie created by everybody in the enterprise for themselves.

    I'm not a "pure" liberal, more Lockean than most with an excessive expression of the genetic compassion trait. But I know LOTS of liberals.

    The meme that the left wants to rob the rich to give to the lazy poor (meaning themselves in most versions) is simply false. There are some unrealistic ideas on the left to be sure, but the same can be said of the right.

    MOST of the liberals I know, when they speak of greed are talking about the EXCESSES of capitalism. NOT capitalism itself.

    As I see it, capitalism is a tool. It is a manmade thing, designed when the worlds resources were considered functionally unlimited. An infinite Commons, if you will. The world is full now, and I think this is one of the factors we are dealing with. A finite and wholly owned Commons.

    It is also inherently concentrative, it IS the amassing of money (capital).

    Hell, the computer can be demonstrated as a major culprit, because most of the activities that are problematic depend almost entirely ON computers. Digital money moves WAY faster than capital did when capitalism was devised.

    Simply put, the system is being gamed. For far too long, capitalism in our country has been demonstrably becoming a BETTER tool for a few than it is for the many. If it is operating properly, all participants in an economy who participate fully should see about the same AMOUNT of improvement in their lot over time. Not the same amount of money, but the same general improvement in each individuals situation. Everybody 10% or whatever better off than they were last year, more or less, ymmv, abberrations not included.

    This ISNT what we are seeing, and given the concentrative nature of capitalism, its not surprising.

    Consider the couple trillion being withheld from the economy right now. That's not millions of small businessmen. That's a relative handful of players who own huge pools of capital. And its having what I expect is a mathematically demonstrable negative effect on the economy, which I believe is intentional and is being done to apply pressure on voters to demand that taxes and regulations be eliminated. None of which will offset labor cost differential enough to make a bit of difference.

    Not too coherent but you should be able to get the gist, feel free to ask for clarification.
    Anyone wondering what I'm talking about start here:
    The Psychology of Persuasion

  8. #118
    Educator Reg's Avatar
    Join Date
    Oct 2011
    Last Seen
    10-24-11 @ 01:23 AM
    Lean
    Undisclosed
    Posts
    987

    Re: Thieves teach OWS protestors about redistribution, the hard way

    It ain't your money, babe. Hugo Chavez is grabbing as much of what's left of the private econony down there as fast as he can, and Venezuelans aren't any better off.

  9. #119
    Banned
    Join Date
    Nov 2010
    Last Seen
    02-13-13 @ 12:05 PM
    Gender
    Lean
    Undisclosed
    Posts
    18,536
    Blog Entries
    4

    Re: Thieves teach OWS protestors about redistribution, the hard way

    Venezuala's condition under Chavez is deplorable. Shortages of food and terrible hosptial conditions.. Eh, that's a thread for another time.

  10. #120
    Sage
    KevinKohler's Avatar
    Join Date
    Oct 2011
    Location
    CT
    Last Seen
    Today @ 04:18 PM
    Gender
    Lean
    Undisclosed
    Posts
    15,980
    Blog Entries
    1

    Re: Thieves teach OWS protestors about redistribution, the hard way

    I more less get the gist of what you are saying, but I also don't believe that economics is a zero sum game. More resources are created every day. Someone who owns all the wealth today doesn't mean that more wealth isn't going to be created tomorrow. I WILL agree that there are machinations in place to almost ensure that tomorrows wealth gets hoarded by today's economic winner...and it is THAT that I protest...not greed, nor the excesses of greedy men.
    Quote Originally Posted by calamity View Post
    Reports indicate that everyone knew he was hauling a bunch of guns up there. But, since you brought it up, there's something which should be illegal: guns that breakdown.

Page 12 of 15 FirstFirst ... 21011121314 ... LastLast

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •