Obama Sends $3.7 Trillion Budget to Congress

[Armistead]

Originally Posted by August

I'm not admitting anything but I do note that you don't have anything to say about the class warfare flames you liberals keep fanning...



Well you just can't imagine how happy I am for you two...

You don't think something is wrong when just 1% hold 40% of all wealth, 20% hold 80%...although more recent studies say 10% control over 90% of all wealth..compare to where we in the past and it should shock you.

I'm sure you believe Americans got lazy and we all had the same equal ability as those in power to gain mass wealth on our own. Corporations bought our congressional seats, both parties, but the GOP by far.. I'm far from liberal, I'm just not a panzy for a party. I look at facts and make up my own mind.
http://www.mybudget360.com/top-1-per...f-mega-wealth/

"According to research (PDF) carried out by Michael I. Norton of Harvard Business School and Dan Ariely of Duke University, and flagged by Paul Kedrosky at the Infectious Greed blog, 92 percent of Americans would choose to live in a society with far less income disparity than the US, choosing Sweden's model over that of the US.
According to research (PDF) carried out by Michael I. Norton of Harvard Business School and Dan Ariely of Duke University, and flagged by Paul Kedrosky at the Infectious Greed blog, 92 percent of Americans would choose to live in a society with far less income disparity than the US, choosing Sweden's model over that of the US."


You still think corporate american cares about america and probably believe in trickle down. This fiscal mess was created when Bush was in office, as were non ending wars. Corporations are now working globally minded, thinking a global future. They once worked well for america and made money, now they're only interested in a global economy, not what works for america.

I voted for Obama, not so much against McCain, but against a GOP that went totally mad under Bush. I would gladly for a Nadar, Paul, ect.. Heck, I would just vote for someone totally honest, even a King at this moment.

[August]

Originally Posted by Armistead

You don't think something is wrong when just 1% hold 40% of all wealth, 20% hold 80%...although more recent studies say 10% control over 90% of all wealth..compare to where we in the past and it should shock you.

Let's get something straight Arimstead. It's THEIR wealth! Private property. What you advocate is nothing less than legalized theft. Politics of the mob. Where will it end?

[yubba]

I'm sure not a fan of re-dis-tra-bu-tion of wealth, which is a commie ploy, some day, I would like to be rich without having to give 80 percent of it away to some illegal immigrant. Shut the government down I say, they don't produce anything any way. The dept of energy doesn't produce one watt of power.

[gimpy117]

Originally Posted by yubba

I'm sure not a fan of re-dis-tra-bu-tion of wealth, which is a commie ploy, some day, I would like to be rich without having to give 80 percent of it away to some illegal immigrant. Shut the government down I say, they don't produce anything any way. The dept of energy doesn't produce one watt of power.

and thats the carrot they dangle in front of your nose.

[Armistead]

Originally Posted by August

Let's get something straight Arimstead. It's THEIR wealth! Private property. What you advocate is nothing less than legalized theft. Politics of the mob. Where will it end?

You really think 10% of people that now control over 90% of wealth, mostly corporate america did so fairly, based on fair trade law, competition, tax code and proper regulation? That all the billions of corporate PAC's,,are just interested in social causes.

Naw, your right, they don't seek to buy congressional seats

And look where it's got us, now that small percent can't substain our government or debt load.

Don't worry, next generation or so when your kids here in america are working for a few bucks with no benefits or protection in sweat shops, have no health care, maybe corporate america will come back to work in america.

[August]

Originally Posted by Armistead

It's not that one gets rich, i'st how they get rich. Corporations really have controlled government regulated monopolies...

You started talking about individuals and now you're talking about corporations. Which is it?

[Armistead]

Originally Posted by August

You started talking about individuals and now you're talking about corporations. Which is it?

My last post I believe is 64, I mention corporations, but the individuals that lead them are the class that is becoming rich.

In fair regulated competition I'm for people getting as rich as they possibly can, not corps that buy regulation.

[Skybird]

http://news.bbc.co.uk/today/hi/today...00/9398261.stm

Pessimists may agree with this:

What is interesting about the declinists' case is that it has little to do with the obvious foreign threats to the power of the United States.
The real problem is an inability to get the nation, as they see it, to wake up to impending disaster and mend its ways.
There is an interestingly moral tone to their argument. The point is that the US debt - her accumulated deficits - cannot easily be addressed without serious and painful changes to society, probably including tax rises and an end to some entitlements.
Barack Obama's budget hinted at what has to be done but in truth would do little to address the fundamental problems that cause the US to function, or fail to function, as it does.

While optimists may favour to focus on things like that:

"I don't think we're the only nation that can invent great technologies, I don't think we have a lock on intelligence or education," she says.
"But that cultural characteristic of welcoming, indeed requiring, the challenging of authority - in a world where knowledge, ideas, innovation is the currency - we're very well placed.

And realists like me?

We would probably think that it may go the way pessimists point out, but that the optimists' arguments may describe factors that may help to delay the decline a bit and reduce its momentum by more or lesser degrees.

[gimpy117]

Originally Posted by Armistead

You really think 10% of people that now control over 90% of wealth, mostly corporate america did so fairly, based on fair trade law, competition, tax code and proper regulation? That all the billions of corporate PAC's,,are just interested in social causes.

Naw, your right, they don't seek to buy congressional seats

And look where it's got us, now that small percent can't substain our government or debt load.

Don't worry, next generation or so when your kids here in america are working for a few bucks with no benefits or protection in sweat shops, have no health care, maybe corporate america will come back to work in america.

But that the way they want it. They bend over backwards trying to paint the UAW (for example) as some evil union that went to far, While forgetting that they were just doing their job. Fighting for the best possible wages for workers. In the good days of the auto industry (before the 1989 layoffs) Someone could get a high school diploma, go to GM and put in hard work, work his way up and retire at a decent age. Thats what i call the American Dream.

But where is that now? Corporations In america are slashing costs by taking it out on workers, while paying executives historic compensation. You see Toyota and Subaru making noise about "oh we love america too" but their employees have substantially less benefits. I think It's like that in just about every other industry in america, UAW plants are the outliers, the holdovers when companies actually paid for benefits.

The Squeeze for Americans to work for less is on. As it has been for some time, as corporate america gets richer. I wonder why that is?

[August]

Originally Posted by gimpy117

While forgetting that they were just doing their job. Fighting for the best possible wages for workers.

Yeah and you may not like it but corporations are just doing their job too, which is maximizing the return on their shareholders investment, not providing a high paying job for life to some high school graduate. Publicly traded corporations are controlled by very demanding and impatient stockholders who really only care about the size of their dividends. If a CEO makes big coin it's because he is doing right by the people who pay him.

[Armistead]

Originally Posted by gimpy117

But that the way they want it. They bend over backwards trying to paint the UAW (for example) as some evil union that went to far, While forgetting that they were just doing their job. Fighting for the best possible wages for workers. In the good days of the auto industry (before the 1989 layoffs) Someone could get a high school diploma, go to GM and put in hard work, work his way up and retire at a decent age. Thats what i call the American Dream.

But where is that now? Corporations In america are slashing costs by taking it out on workers, while paying executives historic compensation. You see Toyota and Subaru making noise about "oh we love america too" but their employees have substantially less benefits. I think It's like that in just about every other industry in america, UAW plants are the outliers, the holdovers when companies actually paid for benefits.

The Squeeze for Americans to work for less is on. As it has been for some time, as corporate america gets richer. I wonder why that is?

Corporate america doesn't work for America, it's globally minded and why they increase in mass profits, they're driving down US wages, exporting jobs and buying congressional seats to pass any regulation they want.

But I'll also have to pass on unions, at least to a degree. What corporations do to unions, unions do to the private sector. If you have a good profitable product then you can pay the high wages, benefits and retirement. To do this you need fair regulation. The GOP wants to under regulate, the Dems more, unless it suits a social need, then they'll regulate it however it best suits to get them voted, like the disaster of deregulating the housing markets to get as many in homes as possible that couldn't afford them.

I believe in strong proper regulation that evens the field for all players, forcing them to work based on competition and for america. I cringe at the GOP so called conservatives that say...If they get rich, good for them, even if it doesn't work for Americans. This is why were heading for 70% Americans in the next generation will be living in poverty. No amount of taxes the few rich pay in will substain a strong US. Our military will go the way the Soviets did, health care for a lucky few, the US dollar will soon be replaced....when that happens, all those that love working for corporate America will see wages and benefits drop to unlivable levels.

If you compare America to the great empires of the past, ours will be a rather brief moment of power.

The government shouldn't be in the business of bailing out unions or corporations.

[Ducimus]

BTW Armistead, thanks for the link, it's an Interesting read and had a few details about wallstreet i wasn't aware of. (that and supporting articles that reaffirm for how one feels about an issue is always nice. )

[Ducimus]

Originally Posted by Armistead

You still think corporate american cares about america and probably believe in trickle down. This fiscal mess was created when Bush was in office, as were non ending wars. Corporations are now working globally minded, thinking a global future. They once worked well for america and made money, now they're only interested in a global economy, not what works for america..

I was going to avoid respond with any more of my emotionally charge dribble, but i have to say The above quote is dead on. Nail on the head. I work for a private corporation thats gone global. The powers that be ONLY think of global projection of the company, and the bottom line. We had a merger a few years back, and the first thing they did was fire all the windows based programmers. In house development now is done at an offshore office where its cheaper. Did i mention im amazed I haven't been laid off yet? I've considered myself dead man walking for 3 months now.