View Poll Results: Why are these "entitlements" not a part of our National dialogue?

Voters
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  • Political pressure from the wealthy.

    5 35.71%
  • Ignorance of the non-wealthy.

    4 28.57%
  • It's simply not true.

    3 21.43%
  • Other.

    2 14.29%
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Thread: 5 Ways Rich People's "Entitlements" Cheat You and Me

  1. #31
    warrior of the wetlands
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    Re: 5 Ways Rich People's "Entitlements" Cheat You and Me

    whining about a few crooks to demonize the rich is like blaming the Jews for Bernie Madoff or Clowns for John Wayne Gacy



  2. #32
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    Re: 5 Ways Rich People's "Entitlements" Cheat You and Me

    Quote Originally Posted by TurtleDude View Post
    whining about a few crooks to demonize the rich is like blaming the Jews for Bernie Madoff or Clowns for John Wayne Gacy
    It's customary to present an example. One banker among thousands, just as guilty. One Nuke executive among thousands, just as guilty. One Energy executive among thousands, just as guilty. Where's the indictments resulting from Fukushima? How about W. Virginia? How about Duke Energy and the Dan River where the $100,000 fine is a lot less than current disposal methods and you should expect more coal ash spills, because it is the lowest cost method to get rid of the ash. Crooks and Con Men, like the CIA's favorite bank, BCCI.

  3. #33
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    Re: 5 Ways Rich People's "Entitlements" Cheat You and Me

    Quote Originally Posted by DaveFagan View Post
    It's customary to present an example. One banker among thousands, just as guilty. One Nuke executive among thousands, just as guilty. One Energy executive among thousands, just as guilty. Where's the indictments resulting from Fukushima? How about W. Virginia? How about Duke Energy and the Dan River where the $100,000 fine is a lot less than current disposal methods and you should expect more coal ash spills, because it is the lowest cost method to get rid of the ash. Crooks and Con Men, like the CIA's favorite bank, BCCI.
    wrong forum

    conspiracy section



  4. #34
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    Re: 5 Ways Rich People's "Entitlements" Cheat You and Me

    Quote Originally Posted by TurtleDude View Post
    whining about a few crooks to demonize the rich is like blaming the Jews for Bernie Madoff or Clowns for John Wayne Gacy
    It wasn't the clowns' fault??

  5. #35
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    Re: 5 Ways Rich People's "Entitlements" Cheat You and Me

    Quote Originally Posted by DaveFagan View Post
    How dare they? Nuke power subsidies. Energy subsidies, Bank subsidies.

    Jim Hightower | The Mobsters of Wall Street

    JIM HIGHTOWER ON BUZZFLASH AT TRUTHOUT

    "Assume that you ran a business that was found guilty of bribery, forgery, perjury, defrauding homeowners, fleecing investors, swindling consumers, cheating credit card holders, violating U.S. trade laws and bilking American soldiers. Can you even imagine the kind of punishment you'd get?
    How about zero? Nada. Nothing. Zilch. No jail time. Not even a fine. Plus, you still get to stay on as boss, you get to keep all the loot you gained from the crime spree, and you even get an $8.5 million pay raise!
    Of course, you and I would never get such outrageous, absurd, kid-glove pampering by legal authorities. But, then, we're not the capo of JPMorgan Chase, America's biggest bank and a crime syndicate that apparently is too big to jail.
    Jamie Dimon is the slick, vainglorious, silver-haired boss of the JPMorgan house of banksters. This CEO has fostered a culture of thievery during his years as a top executive at JPMorgan, leading to a shameful litany of crime. Yet, federal prosecutors have bowed to the politically connected Wall Streeter, refusing to ruffle his feathers with even a single criminal charge.
    Meanwhile, one of the scams that Dimon directly supervised produced a $6 billion loss for shareholders in 2012. And his reign of mismanagement and illegalities cost the bank's shareholders another $20 billion in federal fines last year, resulting in a 16 percent drop in profits. You might think the bank's board of directors would at least slap Jamie's wrist for the loss of those billions of dollars, but no in January, they rewarded him, raising his pay by some 70 percent to a sweet $20 million!
    The New York Times noted that, "To ordinary Americans," such a reward for poor performance "may seem curious." Curious? Uh-uh.
    Try incomprehensible, insane and immoral. Wall Street's haughty elites continue to demonstrate that they're common mobsters only not so ethical.
    That's the funny thing about Wall Street mobsters (or as I like to call them: Banksters) is that they make a killing by defrauding millions of homeowners, customers, investors and taxpayers then, when caught, they wonder why we don't love them.
    That's "funny" as in "bizarre," not as in "ha-ha."
    You would think that after racking up a record level of regulatory fines for the recidivist criminal operation overseen by the boss, a little self-reproachment might have done Dimon some good. But he chose a funny way (again meaning bizarre) to express remorse: He's been running a feel-sorry-for-me campaign, claiming that he's the victim of this sordid story!
    Never mind his long rap sheet of malfeasance and incompetence, which cost so many so much, Jamie wails that everything from Wall Street's bailout to the pay of top bank executives have made people envious of bankers' success. Thus, he moans, an anti-Wall Street sentiment has spread through the public, prompting politicians and regulators to pander to this populist anger by persecuting enterprising bankers like him. He called the whole thing "unfair."
    Good grief. This guy builds bank profits through rip-offs, piles billions of dollars in fines on the backs of shareholders, pockets $20 million in personal pay for one year's work and he wants us to weep for him? Being a Wall Street boss, you see, means never having to say you're sorry, for it's always someone else's fault.
    Only 25 years ago, more than a thousand bankers were prosecuted for this sort of malfeasance during the savings & loan scandal. Let's return to the ethical accountability of those days. Or maybe We the People should send our own message to today's banksters by rolling a guillotine down the center of Wall Street."
    You are right man, Cuz all those richy rich mutha ****as do that **** man.We should like hang the rich and charge a 75% tax on the rich like France's president tried doing and stuff.Who cares if this is America.
    "A nation can survive its fools, and even the ambitious. But it cannot survive treason from within. An enemy at the gates is less formidable, for he is known and carries his banner openly. But the traitor moves amongst those within the gate freely, his sly whispers rustling through all the alleys, heard in the very halls of government itself. For the traitor appears not a traitor; he speaks in accents familiar to his victims, and he wears their face and their arguments, he appeals to the baseness that lies deep in the hearts of all men. He rots the soul of a nation, he works secretly and unknown in the night to undermine the pillars of the city, he infects the body politic so that it can no longer resist. A murder is less to fear"

    Cicero Marcus Tullius

  6. #36
    warrior of the wetlands
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    Re: 5 Ways Rich People's "Entitlements" Cheat You and Me

    Quote Originally Posted by MaggieD View Post
    It wasn't the clowns' fault??
    Nah, just the ones in the basement!



  7. #37
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    Re: 5 Ways Rich People's "Entitlements" Cheat You and Me

    Quote Originally Posted by DaveFagan View Post
    It's customary to present an example. One banker among thousands, just as guilty. One Nuke executive among thousands, just as guilty. One Energy executive among thousands, just as guilty. Where's the indictments resulting from Fukushima? How about W. Virginia? How about Duke Energy and the Dan River where the $100,000 fine is a lot less than current disposal methods and you should expect more coal ash spills, because it is the lowest cost method to get rid of the ash. Crooks and Con Men, like the CIA's favorite bank, BCCI.
    And exactly what is accomplished by "going after" and prosecuting these ...one in a thousand ....crooks ??
    Do the people really benefit ?
    Its my contention that we need more tolerance and forgiveness in our society.
    But, since the ""one-in-a-thousand"" do exist, we need regulations, more strict enforced rules.

  8. #38
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    Re: 5 Ways Rich People's "Entitlements" Cheat You and Me

    Quote Originally Posted by MaggieD View Post
    Estate tax? Why should there even be a tax on my money when I die? Why?? I've paid tax on every dollar I have* . . . why should those net leftovers be subject to a confiscatory estate tax at all??
    Actually, a lot of the money that is passed on in an estate was never taxed

    For example, imagine you're rich. You don't want to stick your millions in a savings acct and earn a measly 1% interest, so you invest in the stock market. You buy $10million worth of stocks and hold on to it. Eventually, the value increases to $20 million and then you die.

    Your heir(s) inherit $20 million but $10 million of that money was never taxed because the gain of $10 million was never recognized as income because you never sold the shares.
    Quote Originally Posted by matchlight View Post
    Justice Thomas' opinions consistently contain precise, detailed constitutional analyses.
    Quote Originally Posted by jaeger19 View Post
    the vast majority of folks that need healthcare are on Medicare.. both rich and poor..

  9. #39
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    Re: 5 Ways Rich People's "Entitlements" Cheat You and Me

    I think the Op should have had larger text and more color
    A fanatic is one who can't change his mind and won't change the subject.
    Winston Churchill



    A lie gets halfway around the world before the truth has a chance to get its pants on.
    Winston Churchill

  10. #40
    warrior of the wetlands
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    Re: 5 Ways Rich People's "Entitlements" Cheat You and Me

    Quote Originally Posted by sangha View Post
    Actually, a lot of the money that is passed on in an estate was never taxed

    For example, imagine you're rich. You don't want to stick your millions in a savings acct and earn a measly 1% interest, so you invest in the stock market. You buy $10million worth of stocks and hold on to it. Eventually, the value increases to $20 million and then you die.

    Your heir(s) inherit $20 million but $10 million of that money was never taxed because the gain of $10 million was never recognized as income because you never sold the shares.
    Uh the proper solution is for them to be taxed on the capital gains based on the basis at which the stocks was bought at versus the sale price

    its the sale of property that should trigger taxes

    what is idiotic is what happens with lots of old money families-your grandparents own an expensive painting. When your father inherited it-a hefty tax was paid on it. Then you inherit it and another hefty tax is paid it even though the value of the painting might still be the 5 million your grandfather paid for it with already taxed dollars. So 5 million that was after tax dollars is taxed again twice

    that is the thing death tax advocates never want to talk about



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