Political Opinion

[QUOTE=“konan;489610”]Looks like a whole chapter of a book for me to examine… :34: I will try to respond to it point by point though! I just wish you added sources of this info. Would have certainly made it easier for me to give a rebuttal.[/QUOTE]

It would be interesting to know what country you are from to provide me with some perspective. Are you from Sweden…? Because you have a serious case of Stockholm syndrome with regards to your desire for more government… As if it hasn’t absolutely screwed enough people. Are you a member of the FSA?

What sources do you want? It’s common knowledge really, well, I doubt it is if your sources are the same ones that propagate the myth of the top 91% tax… That affected people who made over $3.8 million a year. IE, next to nobody. Meanwhile they ignore the numerous tax deductions and exemptions that people utilized. Old Man Joe Kennedy was a pro at doing that. Not to mention that the government was smaller and less capable of detecting tax dodgers.

Lets not forget that these are MARGINAL tax rates… Not EFFECTIVE tax rates. It’s kind of important to understand the difference between a marginal and effective tax rate.

If you want a source you could look at a tax return from the 1950s… Lol… http://www.taxhistory.org/thp/1040forms.nsf/WebByYear/1956/$file/1040_1956.pdf

There were plenty of ways to avoid it and if you were smart enough. $400,000 was the top MARGINAL (important to understand) rate. $400,000 in the 50s is nearly worth $4 million today. If you are making $4 million a year, I’m sure you would be smart enough to hire a proper CPA who understands the deductions, loopholes and exemptions.

The threshold for the top 1% today is like $380,000… That’s not even enough if you don’t adjust for inflation.

As far as the stats on millionaires being frugal, that’s from a well respected book called “The Millionaire Next Door”.

Perhaps you would enjoy it… You need to know your enemy and all. You know, those evil wealth producing, job creating, millionaire thugs who only pay over 50% of all federal taxes.

I’m actually painting the walls of our house…(it’s a yearly en devour) :49: so I don’t really have the time right now to sit and investigate your claims of Warren Buffet “cheating the IRS” , of 1950’s being the “age of tax exemptions and loopholes” as opposed to todays code where multinational companies pay (what) and Mitt Romney pays (what). Claims of the age b4 the great depression as being the “most prosperous” in your history, claims of people loosing their 401 K’s because of their “lavish lifestyles”. You described the laptop and how it made “people wealthy”…Which people did it made wealthy tho because the resources to assemble it and the workforce that assembled it are all foreign to you! You said that the top “3% pay for 50% of all taxes”?–My question is, what % of the overall wealth do those individuals have? Is it 90%? You tell me the number…
You also watch Fox News too much because none of the actual numbers, the actual statistics that points out the wealth disparity between the middle class and the bottom 1% prove nothing else other than that the very rich had never had a better run while everyone else is in virtual downfall…You should actually listen to what the people that “hacked” democracies all over the world have to say about the system you’re living in , because they fckin know what the numbers project if you don’t or just choose to ignore. They stand to gain neither lose anything due to explaining this sht to you…Also, I don’t envy the rich, I love the rich! I want to become rich very badly too. I like to see the lavish style of individuals because that means that they are apparently investing some of the amassed wealth into the economy of the countries they live in…So, I will go, point by point through your posts as soon as I find the time and point out all the nonsensical propaganda that is backed by no ACTUAL data. ( none as far as I can tell right now). and I don’t live in Scandinavia, no.
Now, I need to go mix more paint and do the second floor

konan when youre rich are you going to give sizable portions of it away? I myself am thinking of funding a private school. You know why? There will be up to date textebooks every year and brand new technology. Also the salaries will be more than competitive hopefully to attract the top of the line teachers.

And the textbooks wont have any of this american propaganda.

[QUOTE=“konan;489696”]I’m actually painting the walls of our house…(it’s a yearly en devour) :49: so I don’t really have the time right now to sit and investigate your claims of Warren Buffet “cheating the IRS” , of 1950’s being the “age of tax exemptions and loopholes” as opposed to todays code where multinational companies pay (what) and Mitt Romney pays (what). Claims of the age b4 the great depression as being the “most prosperous” in your history, claims of people loosing their 401 K’s because of their “lavish lifestyles”. You described the laptop and how it made “people wealthy”…Which people did it made wealthy tho because the resources to assemble it and the workforce that assembled it are all foreign to you! You said that the top “3% pay for 50% of all taxes”?–My question is, what % of the overall wealth do those individuals have? Is it 90%? You tell me the number…
You also watch Fox News too much because none of the actual numbers, the actual statistics that points out the wealth disparity between the middle class and the bottom 1% prove nothing else other than that the very rich had never had a better run while everyone else is in virtual downfall…You should actually listen to what the people that “hacked” democracies all over the world have to say about the system you’re living in , because they fckin know what the numbers project if you don’t or just choose to ignore. They stand to gain neither lose anything due to explaining this sht to you…Also, I don’t envy the rich, I love the rich! I want to become rich very badly too. I like to see the lavish style of individuals because that means that they are apparently investing some of the amassed wealth into the economy of the countries they live in…So, I will go, point by point through your posts as soon as I find the time and point out all the nonsensical propaganda that is backed by no ACTUAL data. ( none as far as I can tell right now). and I don’t live in Scandinavia, no.
Now, I need to go mix more paint and do the second floor[/QUOTE]

First, what country are YOU from?

Lol. “You get your stats from Fox… Yada yada yada”

No I don’t. I don’t care what Fox says or any of the media outlets for that matter, so lay off your standard response of “oh you just pulled that off fox”. I could do the same for the biased sources you are enamored with.

I didn’t say Warren Buffet was a tax cheat. I said he is battling the IRS over $1 billion dollars. That’s a fact, I know you don’t give a flip about his hypocrisy though since your eyes are glazed over into thinking he’s some kind of hero who wants to raise taxes on himself… Again, if he wanted to pay more taxes, why not lead by example and give the govt some of his $49 billion? Why not give up the battle over $1 billion and let the government have it so it can function without going deeper into debt for 3 hours?

Apparently he doesn’t practice what he preaches. Sorry to crush your delusion.

2nd, take a look at the tax return. Why don’t you even bother to delve into the history you claim to know?

You’d have to give the rich tax cuts to be equivalent to the 1950s.

  1. you clearly don’t understand Marginal rates vs Effective rates.

  2. how many people made over $3 million dollars a year back in the 1950s

  3. Out of those few people that did, how many were ignorant or careless enough to ignore the tax exemptions, loopholes and write offs?

Umm yes, the fastest period of economic growth was during a time when there was no income tax… It was called the Gilded Age. When did you think it was? If you think it was the 1950s you’d be wrong, of course.

Here I’ll take a move out of your playbook. Did you hear that junk on MSNBC, ABC, CBS, NBC, HuffPo, Current TV or any of your favorite blogs?

Umm, I know that’s what happened to my parents 401k and a lot of other people’s. They cashed it out and spent it. Why worry about retirement when they paid into social security all their life and the govt has some magic fountain of wealth to pay for their retirement? If you read that book I referenced, you would realize that even some people such as doctors that make 200k a year don’t have much savings and would lose everything if they lost their job. It’s called living a high consumption lifestyle and a lot of baby boomers have done exactly that.

Laptops made plenty of people wealthy. I don’t care where they are from. They became wealthy by making my life better. I could cite any product that made my life better and odds are, people got wealthy by playing some role in that products.

Yeah, it’s a shame the US isn’t as competitive, thanks to our government.

I mean, why manufacture here when there are onerous regulations and labor laws. Honestly, it’s not rocket science to realize they can be more profitable manufacturing abroad because of fewer regulations. And let’s not forget which country has one of the highest corporate tax rates in the world… It might still be the highest. It was recently IIRC.

Tell me then, what should the tax rate on the rich be and do you actually think that it would cure our problems? If you do, you’re living in a dream world, buddy.

Guess what, since 2005 the government has something like $500 billion dollars more in revenue… And we still can’t balance the budget, not that having a balanced budget means anything to you.

The rich are getting richer you say? Could that be because your buddy Ben Bernanke is giving banks free money?

Step 1) Get a career at a large bank

Step 2) Get practically free Money from Bernanke

Step 3) Buy govt bonds

Step 4) profit $$$

The vast majority of wealthy people don’t have those connections though. The majority are self employed, self made millionaires who don’t have connections to Bernanke or the government.

And I never see you complaining about the wealthy politicians and president. People who became wealthy by ruining America, or perhaps that’s what you like? Are you spouting all this nonsense because you want people in my country to do EVEN MORE damage to our economy? People like SMAN who refuse to do anything that even looks like work, but instead makes posts asking how to defraud the social security system for even more free money. Or were you just raised believing that the government is god and that bureaucrats know what is best for you?

See, from my experience, the federal govt has not been good to me. I have had a good experience with local LEOs. When I was a kid, I was in a car wreck during the winter. It was freezing and the officer put his coat over me while they sorted out the wreck. That’s something I won’t forget. My local government is representative of me and my community. The federal govt doesn’t.

Frankly I don’t know why I waste so much time debating socialists from abroad. For all I know, you’re from some euro nation that is nearly bankrupt because of the welfare state that you tout as necessary.

The govt breaks people’s leg, then hands them a crutch and I’m supposed to be thankful that the govt is so helpful? Lol.

Frankly I have no patience for your lot anymore, nor do I give much merit to what a euro socialist has to say. You want to be wealthy? Cool. Go do that, and get taxed out of your mind. Take it like a champ. Maybe they will confiscate money from your bank account like they did in Cyprus. I bet you’d like that.

The fact is, since the early 20th century my country has taken your junk advice. We really ramped it up from the 1960s onward with people like LBJ and Nixon expanding the welfare state. EVEN Republicans have been moving towards bigger govt and socialism.

I’m surprised you aren’t championing George Bush since he was such a pro when it came to enlarging government. He expanded govt by 70% IIRC. He doubled the size of the department of education. He created a $7 trillion dollar Medicare Part D program. He appointed your favorite Fed chairman, Mr. Bernanke and he signed off on massive bail outs and stimulus programs. Why aren’t you worshiping George Bush? He’s another great liberal hero of our age.

Your policies have absolutely destroyed my country. I bet you like that. Or perhaps your delusional enough to think that your policies have been beneficial.

Oh you champion the social safety net. You love welfare. You think the regulations are just dandy.

So own it. Own the junk we are in.

I honestly don’t care if the govt raises taxes. This ship is sinking, why not take down the whole damn thing? Lets fleece the rich. Lets tax them so much they will wish they never started a business. Lets not just tax their income, lets do a Cyprus style confiscation. That will save our economy, right? That will get things back on track.

Sure the debt and unfunded liabilities are literally impossible to pay off, but why the hell not?

All we need to so is raise taxes, expand welfare, give the government EVEN MORE power, and we will be golden. Yeah, buddy. That will fix our problems.

I mad, lol.

I am not on food stamps nor have I tried. When I say people sucking of the governments tittie I am talking people with no job, not looking for a job and the government buying there food, paying there rent, Helping paying there electric bills, medical bills, and putting cash in there pocket.

I am not calling everyone on it worthless or lazy. Just the ones who have been on it no plans on ever getting off. No plans on getting a job. For someone like me who through no fault of my own lost my job. Seeking temporary help that what it was intended for.

And how can you call me lazy. Because I have not found another job yet? There is a reason I have only been on in afternoons lately. During this time I have been unemployed guess who has paid my mortgage, my electric bill, my medicals bills, and put food on the table? It damn sure was not the government. It was me and you dont do that sitting on your ass.

See that temporary assistance is so I could afford some time to go find a real job instead of finding side work to get though the day/week. Thats what it was for not for people to live off. And I qualified for the most unemployment will offer 275 a week. You honestly think someone could live off that alone with a family to feed. Dont kid yourself

Imagine if the world was actually as simplistic as some people think it is. Imagine if we really could just print money and create wealth. It would be amazing if I could stay at home, do nothing, and not worry about my future because the government gives me money and there is a social safety net.

That would be a true utopia, but it’s fantasy. That is not realistic. Taking money from the rich, running it off a printing press, going deeper into debt… None of that will make a society wealthy.

If I were to move to a private island with a solar panel, battery, computer and a printer with lots of ink and paper, I would not be wealthy. If there were 50 people on the island, I would not be able to provide food for myself and everyone else by printing my own currency.

Somebody has to gather the fruit. Somebody has to catch the fish. Somebody has to cook the food.

It doesn’t magically appear. People won’t just give it to me in exchange for paper.

If I printed money and gave it to everyone on the island and called it food stamps, they would still starve.

People will stop loaning us money. There is no way to possibly extract money from the wealthy to pay for entitlements and welfare. Since we obviously aren’t willing to make an cuts, we will be printing money to pay for it all.

That’s not going to work. Sorry.

And to anybody who thinks the government will keep it’s promise and give you the social security you paid into the system…

News flash!

The money that you paid into the system was immediately spent by your great Aunt Hether and her diabetic husband Virgil. They bought senior dinners at Ponderosa and booked cruises down the Rhine River with that money DECADES AGO.

What you paid into it does not mean jack, the money is not in a little drawer somewhere with your name on it. It has gone to some mouth breathing, beached whale of a person in Idaho that is on SS/DI because he cannot fit out of his front door due to his chronic obesity. It has been spent on multiple wars. The money isn’t there lol. This is why you don’t entrust the government to invest or protect your money… It’s like leaving a bowl of candy on your porch during Halloween and expecting all the kids to only take 1 piece. Not going to happen. Some kid will inevitably run off with a few bags full.

Your “social saftey net” is really just a bunch of cheap treasury bonds. Should bond rates go up in the future, your safety net will be a safety pin.

If you are planning on retiring with social security, It would probably be in your best interest to start figuring out other ways to retire.

Keep up the good work jolly. Btw are you like a political science major?

Here’s the problem… and this is where you can stop a political debate Cold in its tracks.

What is Logical… is not always MORAL.

Now we have a moral debate, which is of course unwinnable, logically :wink:

Thanks

Haha, no.

Jolly, would you please rearrange this chart in a matter you think the whole thing could work?! Numbers I think are real here ?!


I’m still busy btw and no time to write atm, I will as soon as possible…
And apologies aswell to others that might have replied to a post or 2 of mine…

Wow, he got banned quick

As always Jolly, I love your posts :wink:

I didn’t muck about responding to him, this time, just went straight for the ‘report’ button.

[QUOTE=“konan;490071”]Jolly, would you please rearrange this chart in a matter you think the whole thing could work?! Numbers I think are real here ?!
<img src=“301 Moved Permanently”/>

I’m still busy btw and no time to write atm, I will as soon as possible…[/QUOTE]

First, tinkering with that chart will do nothing so long as it represents $3.7 trillion dollars. It’s like rearranging deck chairs on the titanic. The spending needs to shrink significantly. Simply changing the percentages of the chart does nothing if the spending that the chart represents is still massive.

If we were to follow the constitution, that chart would be almost entirely comprised of defense. The rest would be the cost of running things like the senate, congress, the Supreme Court, postal service, White House, federal courts and anything else specifically enumerated in the constitution.

But I think military spending needs to shrink.

As far as things like entitlements and welfare go, they should be reserved to the states. If you want to live in a state with welfare, state run healthcare and entitlements like social security and Medicare, move to a state that has that. It’s called states rights. Freedom of choice, it’s a cool thing. If you love socialism, move to a socialistic state. If you love economic freedom and lower taxes, move to a state that supports free markets. Although, I think over time, as socialist states bankrupt themselves, more states would follow the successful examples of the states with more economic and social freedoms. Or perhaps I’m wrong. Maybe a state will figure out the perfect way to run welfare and have state healthcare and maybe states will follow that example. There will be a lot of experimentation. Some states will be examples that other states follow, others will have failures that provide lessons.

On the bright side, when one state screws up, the lives of 320 million people aren’t destroyed. You can also bail out of a state that is screwing up. You aren’t stuck, like you would be if the federal govt screws up.

Ultimately the economy will implode. We can’t run on easy money and cheap bonds forever. At some point we are going to have to face the problems, and these problems are going to be even worse because of what the govt is doing now.

If the federal govt continues down this destructive path, there will probably be Balkanization. It could very well break up like Yugoslavia did.

That’s what it boils down too, unless we end up with a seriously tyrannical government that fools people into thinking it will fix the problems, but the govt will be so financially crippled that it might not even be capable of turning into tyranny. And I imagine people will have a serious distrust of government when these events unfold.

Balkanization seems like the most likely outcome. The differences in cultures and opinions are just too much. It would be one thing if the govt was limited, but it no longer is. This could lead to balkanization because politicians in states such as New York, Maryland and California are trying to force their views and desires on people in Texas, Utah and Georgia, through the federal govt.

Just the other day Obama was talking about how it is irrational to distrust government and now it comes out that the IRS has been specifically targeting groups that tout limited government, distrust in government and a desire to return to the constitution. It also came out that the govt was wiretapping the media… Yeah, that will really make people trust in the government.

And the gun control debate… Go to the outdoor section of Wal-Mart or any gun store. The ammo shelves are empty. In the morning, there are sometimes lines of people at the ammo counter trying to buy it up. For a long time the gun shelves were almost entirely sold out, even the crappy guns were selling like hot cakes. Now there are a few guns starting to surface. Do you think all these people are buying up guns, ammo and magazines just to turn them in? Uhh, heck no.

It’s almost like a Cold War arms race between the federal government and a good portion of this country’s population.

There are now states that are trying to nullify unconstitutional federal laws and the Federal govt is starting to make threats against those states. Some already have.

The FFA is the firearms freedom act. It basically nullifies all federal gun laws to guns that are manufactured within the state. It’s a big middle finger to the federal government and it is picking up steam.

That map really represents the stark contrast of views in this country.

States such as Colorado and Washington have moved to nullify parts of the unconstitutional federal drug prohibition.

There are all sorts of things that states are doing.

What is the first thing the govt would do if states started to stand up to it? They would cut off federal funds for things like highways of course.

Well, states like Texas, for example, are starting to research ways to not be reliant on federal funds.

States such as Utah have already legalized gold and silver as legal tender.

There are many other examples. The states and people who are fed up with all the nonsense in Washington are starting to assert their rights.

All sides seem to be gearing up for something.

I don’t really know who he is. What did you report him for?

Being Akeakamai/Aaron etc!

Oh, what happened to akeakamai?

I only frequent two threads anymore.

Crikey, that’s a big question, but the bullet point answer is: he had a bit of a meltdown, got himself deliberately banned, now reappears pretty frequently under a variety of aliases to be generally presumptuous and objectionable, before the mods spot him and ban him again. He was Aquapip, Johncarpainter and numerous others recently.

All joking aside, and I know it’s probably a better question for BP, but are these bans lifelong, monthly yearly, etc? I’d like to believe that unless someone really crosses a line (threats or real verbal nastiness) that there are eventually second chances. I go through periods where I’m not following along on BP, so o did not see what got him banned initially.

Ah, last time I heard from him, he was doing quite well.

I’ve been getting jacked. Stepped out for awhile, so I don’t do something stupid.