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Thread: Super rich hold $32 trillion in offshore havens

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    Re: Super rich hold $32 trillion in offshore havens

    Quote Originally Posted by VanceMack View Post
    Funny how everyones answer to resolving the imbalance is to take from the rich. News flash...thats not going to HELP YOU. You have to do that yourself.

    Beg to differ but yes if I could take a million from a billionaire it would help me. lol

    But I don't need their money and I don't need their kind around me. Everything I have is what I have earned by hard work.

    The Romney are an excellent example of those elite Americans. We have nothing at all in common except the Englilsh language. They don't serve in the military and probably never held a sledgehammer.

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    Re: Super rich hold $32 trillion in offshore havens

    Quote Originally Posted by X Factor View Post
    It makes me nervous when people start putting limits on what people should be "allowed" to make or keep.
    It makes me nervous when people advocate that the already rich should get tax breaks while their employees struggle to pay their mortgage.
    The morality of abortion is not a religious belief, any more than the morality of slavery, apartheid, rape, larceny, murder or arson is a religious belief. These are norms of the natural law of mankind and can be legislated even in a completely religionless society.

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    Re: Super rich hold $32 trillion in offshore havens

    Quote Originally Posted by ChuckBerry View Post
    If it were only as simple as that. If there were strong unions and collective bargaining, I would agree. But it's the companies knowledge of the market and basic superiority in negotiations, in that he has a job you need, and has others willing to do it for less than you, that gives many employers the upper hand.
    It is that simple. You do not need a Union to be paid what you are worth, or to artificially increase a workers worth.
    If others are willing to do it for less than your wage is over inflated.
    And the employer should always have the upper hand. It is after-all, the employers business.
    And what you are failing to mention, is that our system allows the workers to come together and pool their resources to create their own business. No one is stopping them.


    That said... I am not against collective bargaining. I just believe that the employer should be able to tell the collective that it's demands are unreasonable and to shape up or ship out.



    Quote Originally Posted by ChuckBerry View Post
    Favorable environment also translates into workers receiving a fair wage for the work that makes profit for the business owners. When a CEO gives himself hundreds of times more in compensation than the average employee makes in a year at a business, do you think that that creates a favorable environment where people are willing to work harder?

    You act as if though there is no such thing as greed, VanceMack. And I'm quite tired of the "by your bootstraps" argument. The playing field is not level, and you ought to acknowledge it. Beyond a certain point, you cannot get more wealthy without avarice. The game is fixed for the wealthy, and the imbalance continues to grow.
    There is no true imbalance.
    The more important you are to the bottom line, the more your compensation should be.
    And Usually the CEO's do not do that. It is a contractual obligation entered into with the Board of Directors.
    And it is none of the "workers" business, unless they are part owners.
    Last edited by Excon; 07-22-12 at 10:02 PM.

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    Re: Super rich hold $32 trillion in offshore havens

    Quote Originally Posted by ChuckBerry View Post
    It makes me nervous when people advocate that the already rich should get tax breaks while their employees struggle to pay their mortgage.
    Well when the rich are already paying a higher percentage. They should be the ones to receive the tax breaks.
    Last edited by Excon; 07-22-12 at 10:02 PM.

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    Re: Super rich hold $32 trillion in offshore havens

    Quote Originally Posted by VanceMack View Post
    They ARE still taking risks...or dont you follow the markets at ALL. And if you and others want them to risk more (translation-do MORE to take care of your ass) then maybe you ought to insist the politicians work together with industry and labor to create more favorable environments for investing. Its not YOUR MONEY. You get that...right?
    And through a different set of lenses, the bastards will cripple the economy until they get their way.

    Its THEIR capital, there's no LAW that says they can't hold the economy hostage to their greed.

    Money is power. Power begets more money.

    Feudalism 101.
    Anyone wondering what I'm talking about start here:
    The Psychology of Persuasion

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    Re: Super rich hold $32 trillion in offshore havens

    Almost all of that 32 trillion came from moving factories to cheap foreign labor countries and selling to the 1st world.
    Globalist = Free Trade, Open Borders, Multiculturalist, Anti-White Racist, Hypocrite, Sophist, Deceiver, Manipulator, Warmonger, Vulgar Culture, Morally Depraved......Enemy

    Death to Globalists

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    Re: Super rich hold $32 trillion in offshore havens

    Quote Originally Posted by Matt Foley View Post
    Almost all of that 32 trillion came from moving factories to cheap foreign labor countries and selling to the 1st world.
    I don't know about that?

    But Employers are allowed to and have a responsibility to reduce costs.

    Nothing wrong with that.

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    Re: Super rich hold $32 trillion in offshore havens

    Quote Originally Posted by X Factor View Post
    So what are you and others are advocating? Just taking it? It makes me nervous when people start putting limits on what people should be "allowed" to make or keep.
    I actually advocate steeply progressive taxation to serve as a deterrent to hoarding in the first place.

    Capitalism is concentrative by nature. Some mechanism(s) must be in place to address this.

    2 $100 millionaires are better for the economy than 1 $200 millionaire, 4 $50 millionaires better than 2 $100 millionaires, etc.
    Anyone wondering what I'm talking about start here:
    The Psychology of Persuasion

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    Re: Super rich hold $32 trillion in offshore havens

    Quote Originally Posted by Excon View Post
    Well when the rich are already paying a higher percentage. They should be the ones to receive the tax breaks.
    You're like Terry Jones' character in Erik the Viking who insists everything is fine even as his head finally slips underwater when his island sinks. I guess some people can't be reasoned with.
    The morality of abortion is not a religious belief, any more than the morality of slavery, apartheid, rape, larceny, murder or arson is a religious belief. These are norms of the natural law of mankind and can be legislated even in a completely religionless society.

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    Re: Super rich hold $32 trillion in offshore havens

    Quote Originally Posted by VanceMack View Post
    Maybe they are tired of taking care of all the crippled dependent pets and figure its time for them to actually contribute SOMETHING rather than merely leech from the country. Perhaps if people worried a little less about what others made and focused on their own miserable pathetic lives their children and grandchildren wouldnt have to suffer.
    Rants such as these greatly diminish your credibility. Referring to lower income individuals and the unemployed as leeches and pets has become quite the mantra as of late, perpetuating the absolutely laughable notion that the number of lazy individuals spiked dramatically overnight, instead of correctly identifying the real causes of our economic woes.

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