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Thread: Over 90% of the income gains in the first year of the recovery went to the top 1%

  1. #101
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    Re: Over 90% of the income gains in the first year of the recovery went to the top 1%

    Quote Originally Posted by Catawba View Post
    Romney says right on his website his plan is to cut regulations. Obama has done something, and Romney badly wants to undo it.
    Yes, under Obama we have institutionalized too big to fail. Romney would have done the same.

    Obama has shown restraint with Iran, while McCain and Romney rattle sabers. Obama withdrew all the troops from Iraq last December, while both McCain and Romney said we should have left them there.
    Obama is showing restraint (he's already shown he is up for new intrusions into other countries) because he knows what it would do to the price of gas and his re-election chances.

    And the CAFE standards, and tighter tailpipe emissions restrictions, and the tighter smokestack restrictions for power plants, and the largest investment in alternative energy than by any president in history.
    If you are proud of Solyndra and the like, well........as I said, Romney will reward his campaign donors also.

    Obama is leading in the direction the country wants to go. This will become more apparent to you in November.
    If he wins he will not be able to accomplish anything. Nor will Romney.

  2. #102
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    Re: Over 90% of the income gains in the first year of the recovery went to the top 1%

    Quote Originally Posted by TurtleDude View Post
    I have massive concern for the pestilence of socialism that has been inflicted on our great nation and I worry about how America is deteriorating since the scourge of the New Deal infected this once great nation
    Yes, indeed, life was much better in the good old days of the Great Depression, robber barons, slavery and whatnot. Sniff.
    "The necessaries of life occasion the great expense of the poor. They find it difficult to get food, and the greater part of their little revenue is spent in getting it. The luxuries and vanities of life occasion the principal expense of the rich, and a magnificent house embellishes and sets off to the best advantage all the other luxuries and vanities which they possess. ... 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."

    -- Adam Smith

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    Re: Over 90% of the income gains in the first year of the recovery went to the top 1%

    Quote Originally Posted by TurtleDude View Post
    the uber rich benefit when money is concentrated in the hands of a government they control
    That about sums up the Republican game plan.
    "The necessaries of life occasion the great expense of the poor. They find it difficult to get food, and the greater part of their little revenue is spent in getting it. The luxuries and vanities of life occasion the principal expense of the rich, and a magnificent house embellishes and sets off to the best advantage all the other luxuries and vanities which they possess. ... 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."

    -- Adam Smith

  4. #104
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    Re: Over 90% of the income gains in the first year of the recovery went to the top 1%

    Quote Originally Posted by 1Perry View Post
    Yes, under Obama we have institutionalized too big to fail. Romney would have done the same.
    "After Republicans took over the House of Representatives in November 2010, the incoming House Financial Services Chairman, Rep. Spencer Bachus (R-AL), said he believes Washington’s role is to “serve the banks.” And the GOP has done its best this year to follow that directive, by denying regulators the money they need to implement the Dodd-Frank financial reform law, trying to repeal or water down some of the law’s key provisions, and blocking Obama administration nominations to regulatory posts."

    "Senate Republicans have also put a hold on a slew of nominations to fill financial regulatory positions."

    Two More Ways Republicans Are Undermining Financial Regulations | ThinkProgress


    Obama is showing restraint (he's already shown he is up for new intrusions into other countries) because he knows what it would do to the price of gas and his re-election chances.
    If you want the guy who proposes to spend more on the military, and thinks we should have kept the Iraq war going, you vote for him.
    Treat the earth well: it was not given to you by your parents, it was loaned to you by your children. We do not inherit the Earth from our Ancestors, we borrow it from our Children. ~ Ancient American Indian Proverb

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    Re: Over 90% of the income gains in the first year of the recovery went to the top 1%

    Quote Originally Posted by AdamT View Post
    That about sums up the Republican game plan.
    The rich control the government, not just the right wing of it. Hence why none of Obama's policies are really any different than his predecessor's.

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    Re: Over 90% of the income gains in the first year of the recovery went to the top 1%

    Quote Originally Posted by Neomalthusian View Post
    The rich control the government, not just the right wing of it. Hence why none of Obama's policies are really any different than his predecessor's.
    Which one of his contemporaries invested more in alternative energy, or got a payroll tax cut passed, or passed the most progressive CAFE standards in decades, or ended an almost decade long war that the GOP wanted to keep going, or has proposed ending the tax cuts for the wealthy that do not create jobs, or has passed financial regulations despite attempts to block it, or has done more to reduce C02 levels.
    Treat the earth well: it was not given to you by your parents, it was loaned to you by your children. We do not inherit the Earth from our Ancestors, we borrow it from our Children. ~ Ancient American Indian Proverb

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    Re: Over 90% of the income gains in the first year of the recovery went to the top 1%

    Quote Originally Posted by Catawba View Post
    Which one of his contemporaries invested more in alternative energy, or got a payroll tax cut passed, or passed the most progressive CAFE standards in decades, or ended an almost decade long war that the GOP wanted to keep going, or has proposed ending the tax cuts for the wealthy that do not create jobs, or has passed financial regulations despite attempts to block it, or has done more to reduce C02 levels.
    I'm sure you could list a thousand more things you think makes Obama so different from Bush, but he's not. It's the same country with the same allies and the same type of leadership and same central banking policies and the same rich favoritism.

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    Re: Over 90% of the income gains in the first year of the recovery went to the top 1%

    Quote Originally Posted by Neomalthusian View Post
    I'm sure you could list a thousand more things you think makes Obama so different from Bush, but he's not. It's the same country with the same allies and the same type of leadership and same central banking policies and the same rich favoritism.
    I am more than happy with having someone fighting for my ideals more than anyone has in the last 3 decades. Utopia only exists in fairytales! But you go ahead and vote for the Libertarian candidate if that is what floats your boat.
    Treat the earth well: it was not given to you by your parents, it was loaned to you by your children. We do not inherit the Earth from our Ancestors, we borrow it from our Children. ~ Ancient American Indian Proverb

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    Re: Over 90% of the income gains in the first year of the recovery went to the top 1%

    Quote Originally Posted by Catawba View Post
    ...Washington’s role is to “serve the banks.”
    Since you included this portion of the article do you believe the opposite to be true? The banks' role is to serve government (Washington). Do you disagree with the 'of the people, by the people and for the people'?

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    Re: Over 90% of the income gains in the first year of the recovery went to the top 1%

    Quote Originally Posted by TurtleDude View Post
    the uber rich benefit when money is concentrated in the hands of a government they control
    Now all you have to do should be easy - connect those widely spaced dots with every bit of verifiable evidence you can muster so we can see you have more than just your simple self imposed belief system. That is the essence of actual debate.
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