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His "free college for everyone" idea and the way he proposes to pay for it is a deal breaker for me. We are already 18 trillion dollars in debt and now we are going to add an additional possibly 500 billion dollar yearly obligation? The way he proposes to pay for it (a tax on financial trading) would kill off the markets and probably cost more in lost tax revenue than it would bring in.
His "free college for everyone" idea and the way he proposes to pay for it is a deal breaker for me. We are already 18 trillion dollars in debt and now we are going to add an additional possibly 500 billion dollar yearly obligation? The way he proposes to pay for it (a tax on financial trading) would kill off the markets and probably cost more in lost tax revenue than it would bring in.
It wouldn't kill anything. First off, I disagree with the idea of "free" anything. Done right a tax on financial trades would be a good thing. How I would do it is long term investment gains would be taxed at a very low rate. Short term ones at a much higher rate. I'd do this for a couple reasons.
First, these gains are only because of massive tax payer infusions of money. Welfare for Wall Street. In that, taxpayers should see something out of this money also. (yes, I also support the idea that we should expect something from individuals that collect welfare)
Second, the short term trades make for instabilities in the markets which makes it more likely they will come crying for more money and if that is going to happen, the money should be collected now to pay for it.
What are those wanting to invest their money going to do instead? Put it in the banks at .001?
Bernie is looking for the dumb down voters and that is why he is spamming himself on face book. There is no better place to look for the ignorant and uninformed or people that are easily impressed. Bernie has claimed that he will break up the big banks and the people that ate up that BS was astounding.
So I had to ask these fools how can Bernie break up the big banks when they have our leaders in their pockets with millions and millions of campaign contributions? Of course I never did get a answer, the dupes when on saying how great Bernie was and my question was ignored.
I have to admit I love Bernie on face book it gives me a large dose of nonsense from him and his followers to laugh at.
While he has good intentions on occasion, he also comes up with asinine ideas like this.
That is a classic coming from a guy who wants to break up the big banks. Funny how he wants the big daddies of the banks {ECB, FR} to bail out Greece. Using Bernie logic it is wrong to bail out the big banks but it is right to have the big banks bail out a country. Yep he has principled beliefs
But, but, but those places can't be nice. "Socialistic" equals bad, doncha know.
I applaud Sen. Sanders for jumping in and I agree that if people open their ears and actually listen, they might be surprised at how much his beliefs align with their own interests.
Of course, the American people are not known for voting for their own interests and more often vote against them, so...
Ain't that the truth! Every so often one of the cons posts a quote to the effect that democracy is doomed because people will vote themselves benefits that society can not afford. Not in the US. In this country about all we support that we can't afford is never-ending foreign meddling and war and tax relief for billionaires. It makes you wonder who is running THIS so-called democracy.
His "free college for everyone" idea and the way he proposes to pay for it is a deal breaker for me. We are already 18 trillion dollars in debt and now we are going to add an additional possibly 500 billion dollar yearly obligation? The way he proposes to pay for it (a tax on financial trading) would kill off the markets and probably cost more in lost tax revenue than it would bring in.
We all know college is expensive. Heck most of us were there at one time or another. OK, it was less costly than now, but so were salaries. I can remember what it costs to attend a public university and what our first jobs out of school paid. This doesn't mean I think we should be taxed so everyone can go to college. I am still a believer that if you want an education, you will can get one even if it means you will have some debt after graduation. I watched my two granddaughter get their education and come out debt free. Yes, the had small scholarships and yes, helf from home but they also worked both while in school and during summer break. After the older one got married she returned to school to get another BS degree and eventually became a nurse practioner. Her husband still had 2 years left in school. They were on their own, had no help from home at that stage and had to depend on living on a tough budget and student loans, while raising a young child. They did it, have got decent jobs and paid off a good portion of their loans.
Our two girls can tell similar stories when they were in college more than 30 years ago. It can be done, if anyone thinks it can't they need to re-think their idea. We also know a lot of people who got degrees while working full time and raising a family. It does mean, they can't have all the latest tech stuff, go on vacations and party all weekend.
Sen. Sanders is a loud proponent of fairer pay in this country, which is great and many people will be inspired by that, but once they learn his positions on other issues it'll doom his campaign. I don't see this country electing another extreme leftist after what's happened since Obama became President.
Bernie has voted for legislation that has really hurt this country, including the American worker he says he's fighting for, for instance the Affordable Care Act that changed the definition of a full work week to 30 hours, which gave companies the impetus to reduce hours to under 30. He also voted for giving illegals amnesty. If you're for those things, then maybe he's your candidate. He's not mine and I doubt Democrats will vote for him in the primaries, at least not enough to give him the nomination. But then again, I don't have much faith in those pulling the lever these days. Commonsense is in short supply for some reason.
Bailout Greece. Why?
It should hardly come as a surprise when a hard-core US socialist comes out with demands that his socialist peers in Greece be bailed out by none other than the Federal Reserve: in fact, it does show why while so many quasi-socialists hate when the Fed bails out the "loathsome" banks, they love when the Fed bails out everyone else.
In other words a majority of Americans believe in socialism....I think not.
More and more of us are thinking it looks a hell of a lot better and fairer[Demark,Sweden,Norway,Switzerland] than being "Corporate owned" like the U.S. government prostitutes!
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