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#16 | |
Ace of the Deep
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#17 | ||
Silent Hunter
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Location: Storming the beaches!
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I don't much care for the current world distribution of wealth, but I'm not out to fix it. Actually, if we adopted my consistent stance that we should restrict government and lower corporate and capital gains taxes to a fraction of what they are now, or better yet, to zero, we'd end up making a lot of the world poorer as firms (and especially financial firms) flocked to the US. Quote:
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#18 | |
Rear Admiral
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On the bright side of things, at least were wanting the same thing. We aren't quite on the same page as to how to achieve that same thing, but at least we seem to want the same thing. Honestly, reading your posts (i dont always respond) half the time, i think you love your personal finances more then you love the your country. (edit: For clairification that means, half the time, i think you'd outsource everyones job/livelyhood if it meant for you to getting ahead, just like those big time CEO's with the golden parachutes that screw everyone over) I'm not making that accusation, its just the impression i get as much as you go on about your love of globalization and unrestricted capitalism, with so little mention of anything else. I pick up on that, because I have very strong sense of nationalism, and i'm probably one of the few people around who will still use the word "Countryman". (look up the synonyms for that if the word is fuzzy to you. ![]() Last edited by Ducimus; 03-28-11 at 09:34 PM. |
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#19 | |
SUBSIM Newsman
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Nothing in life is to be feard,it is only to be understood. Marie Curie ![]() |
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#20 | |||
Silent Hunter
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It's a dirty trick but if we could ever implement it we'd be sitting pretty for a long time. Quote:
My sense of nationalism is just as strong as yours. I just want to make sure that it indeed remains "our" sense of nationalism and not one used to goad us into supporting political agendas or supporting some half-coked state plan and then forgiving them for frakking it up because it's "patriotic". I hope that helps you see where I'm coming from, countryman ![]()
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#21 | |
Born to Run Silent
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#22 | |
Silent Hunter
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Your site, your rules, of course.
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#23 |
Ocean Warrior
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![]() ![]() saw this...couldn't help but think of this thread
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#24 | |
Navy Seal
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The solution isn't to say "ok we're taking X% of your wealth and giving it to the poor people." That's only treating the symptom. The cure is to treat the system that allows for such a concentration of wealth to occur. You the consumer are paying $4 and $5 a gallon for gas. Meanwhile, oil speculators at Goldman Sachs and Morgan Stanley drive the price per barrel up more and more. Traders at AIG make ridiculously stupid bets on the derivatives and credit default markets. When they blow up, who makes them whole? You the taxpayer. You pay for it with overcrowded schools because of slashed education budgets. You pay for it with 10% unemployment. You pay for it with reduced social services. All because the titans of capitalism are "too big to fail." Makes me sick.
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#25 |
SUBSIM Newsman
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Well,you are enough "old" to understand what was meant
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Nothing in life is to be feard,it is only to be understood. Marie Curie ![]() |
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#26 | |||
Silent Hunter
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Perhaps more importantly, distribution of wealth seems to hover at around the top 10% having more than the bottom 90%, no matter what society you are in. In societies where that wealth is allowed to buy the inherently unethical mandate of force that only states have, that disparity gets even worse, and then it gets cemented in. That's my view, anyway. If you have some other system I'm listening. Quote:
It makes me sick, too. Which is why I say we need to take that power away.
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#27 |
Navy Seal
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Nope, just a rant using the collective "you"
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#28 |
SUBSIM Newsman
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A very "neutral" statement I must say
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#29 |
Navy Seal
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Wealth redistributed upwards. LOL.
Redistribution means taking money (with threat of force/jail) from one party, and giving it to another. You can argue that rich interests benefit from government spending. I'll grant it for the sake of argument. OK, so we have the rich, political class writing government checks to themselves (gov contracts, etc). There is redistribution for you. I agree. Upwards? Sorry, but the bottom doesn't pay in a statistically significant amount. There is no way this largesse passes upwards, since even if we grant the lower end is over taxed (due to payroll taxes, not income tax which they don't pay), the total amount collected is still a meaningless amount. Debt? Again, the gov gives money to rich interests with borrowed money. The press reports this as if it's XX,XXX dollars for every American, but only the top 20% will ever get sent the bill, so it's really a multiple of that figure for every "rich" person, and ZERO for the rest. There is no way to redistribute meaningful amounts of money upwards, since the poor don't have meaningful net worth.
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#30 | |
A long way from the sea
Join Date: May 2005
Location: Iowa
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What needs to be addressed are the causes that got us here, not stopgap treatments for the symptoms. Unfortunately, that involves change, and change is uncomfortable, and people hate being uncomfortable etc. etc. All of which stems from the increasing inability of anyone to be responsible for anything. It's as if the entire nation is collectively claiming an insanity defense because they had bad childhoods.
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