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Old 10-14-2015, 09:41 AM
 
14,221 posts, read 6,888,687 times
Reputation: 6059

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Quote:
Originally Posted by middle-aged mom View Post

Students enrolled in NYC public schools speak more than 100 different languages at home.
That's like any Western European country.

For example, Sweden expects at least 150 000 asylum seekers from the Middle East and Africa this year. That's the equivalent of the US expecting almost 5 million asylum seekers from the Middle East and Africa. In a single year. Can you imagine the outrage when today people make a fuss about the trickle of illegals from Mexico?
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Old 10-14-2015, 09:44 AM
 
Location: Tampa Florida
22,230 posts, read 17,772,006 times
Reputation: 4585
Quote:
Originally Posted by Quaker15 View Post
He wants free public universities and colleges for all. Does he not understand there is no such thing as free lunch?
College grad unemployment is about 3% .... employed people pay taxes ..... taxes can be used not only to fund Govt, but also to lower deficit and debt...... errrr, but that actually would require a Congress willing to work together on expenditures. So, it is a seriously long step to take. I think it will take several elections to get the "blockage" cleared out of the House, Senate may free up after next election.
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Old 10-14-2015, 09:50 AM
 
Location: Long Island, NY
19,792 posts, read 13,867,824 times
Reputation: 5661
Quote:
Originally Posted by Quaker15 View Post
He wants free public universities and colleges for all. Does he not understand there is no such thing as free lunch?
We already know that other nations, that provide universal health care (free) to all citizens, have half the cost that the U.S. system incurs. Yet, Sanders' plan for universal Medicare is looked on as an impossible dream.

According to Sanders' Plan tuition at public colleges and universities costs $70 billion a year. The cost is offset by imposing a Wall Street speculation fee on investment houses, hedge funds, and other speculators of 0.5% on stock trades (50 cents for every $100 worth of stock), a 0.1% fee on bonds, and a 0.005% fee on derivatives. This fee raises hundreds of billions of dollars.

So what you view as impossible, is actually doable.
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Old 10-14-2015, 09:53 AM
 
Location: In a Galaxy far, far away called Germany
4,300 posts, read 4,386,127 times
Reputation: 2394
College education isn't as expensive as the price-gouging Universities are making it. They have gotten as greedy as banks in overcharging. Having said that, it would still be a very large increase in our government spending. We can see it as an investment (which we should) or we can see it as stealing money from Universities and money-lenders as they are the only ones who profit from making our kids start off in live already in tens of thousands of dollars in debt.
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Old 10-14-2015, 09:53 AM
 
Location: Bella Vista, Ark
77,772 posts, read 104,081,702 times
Reputation: 49243
Quote:
Originally Posted by Quaker15 View Post
He wants free public universities and colleges for all. Does he not understand there is no such thing as free lunch?
All one has to do is look at some of the other countries that offer everything for free and look at their tax rates! When we people also realize college isn't for everyone and if someone wants an education they can get one. Sure in some situations they will end up with a lot of debt when they graduate, but if they are willing to attend public colleges, in state, work while in school and during vacations, there is no reason for them to graduate with huge debts. Too many are not willing to make the sacrafice. How many socialistic countries are finding themselves with a lot bigger mess than we have economically. I am not talking the tiny countries, that is like comparing apples to bananas. I am talking larger countries.
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Old 10-14-2015, 09:56 AM
 
17,382 posts, read 11,885,796 times
Reputation: 16120
Quote:
Originally Posted by pknopp View Post
Odd that few reminded Wall Street of that when the public was forced to pump trillions into it.

Bernie just wants to get some of that money back to the taxpayers.
Won't get back to me.

As for "reminding Wall Street", the Tea Party, that the left HATES with a passion, put their disgust with the bailouts front and center. But since the left passed the TP off as racists kooks, that message was lost.

So yes, as someone that protested numerous times against the bailouts, I think I'm entitled to protest this Socialist disaster-in-the-making.
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Old 10-14-2015, 09:57 AM
 
Location: Bella Vista, Ark
77,772 posts, read 104,081,702 times
Reputation: 49243
Quote:
Originally Posted by pknopp View Post
Odd that few reminded Wall Street of that when the public was forced to pump trillions into it.

Bernie just wants to get some of that money back to the taxpayers.
and what about before, as you say, we were forced to pump that money into Wall street? Do you have any stock, has it done well in the past several years? Bernie is a socialist and always has been.
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Old 10-14-2015, 09:59 AM
 
Location: Living rent free in your head
42,711 posts, read 25,867,327 times
Reputation: 33790
Quote:
Originally Posted by pghquest View Post
Its YOU who has no clue.. Because HFT trades wouldn't stop, they would just build the "tax" into the calculations and then only conduct a transaction if the profit was still present. If not, they WOULDNT CONDUCT a trade, and thus YOU WOULDNT GET TAX REVENUES from a NON EXISTANT TRADE..
Of course I have no clue, that is your response to every single post where people don't agree with you....but that's ok. IF HFT built the tax into their calculations and only traded where a profit was present that would reduce the frequency duh...and it is the 20,000 trades a second that is destroying the market for retail investors. The idea of a transaction tax is not some kind of liberal pipe dream it is in effect in a number of nations and is not harming the market. Why are you all in for the 1%, do you think if you are nice to them they will throw a little money your way? If so you are mistaken.
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Old 10-14-2015, 10:05 AM
 
Location: Living rent free in your head
42,711 posts, read 25,867,327 times
Reputation: 33790
Quote:
Originally Posted by pghquest View Post
I used to do about 10,00 of them a year, but now down to a modest 1,000 give or take, but the number of trades are immaterial. Companies can write the trade "tax" off as an expense, and thus lower their tax liabilities,
Companies write everything off as an expense, so should we quit taxing them altogether? And here's an idea - a FTT that only kicks in when you hold a stock for less than a certain amount of time, say 5 minutes, would you oppose that?
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Old 10-14-2015, 10:06 AM
 
Location: the very edge of the continent
88,492 posts, read 44,230,479 times
Reputation: 13496
Quote:
Originally Posted by middle-aged mom View Post
You are comparing country to country. The wealth tax is at the Canton level in Switerland and imposed on world- wide wealth.
Based on what? Foreign-held wealth doesn't have to be disclosed. None of those countries have a FATCA law. Just ask Ingvar Kamprad, resident of Switzerland for decades.
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