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Old 09-22-2010, 10:10 PM
 
Location: Dublin, CA
3,807 posts, read 4,276,406 times
Reputation: 3984

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Forbes 400 richest Americans list for 2010: Gates is No. 1 - Sep. 22, 2010

Where are all the liberal/socialists on this board going through outrage? All these rich people getting richer at your expense? My god. Why aren't these people paying for:

Your mortgage.
Healthcare.

These bastards!!! Kill them...
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Old 09-22-2010, 10:18 PM
 
Location: Arizona
13,778 posts, read 9,664,501 times
Reputation: 7485
Quote:
Originally Posted by Phil306 View Post
Forbes 400 richest Americans list for 2010: Gates is No. 1 - Sep. 22, 2010

Where are all the liberal/socialists on this board going through outrage? All these rich people getting richer at your expense? My god. Why aren't these people paying for:

Your mortgage.
Healthcare.

These bastards!!! Kill them...
I don't have any problem with people being rich. Bill Gates invented a superior product, marketed it to the masses, and made computing available for everyone. He deserves everything he has. I don't know any other liberals who feel differently. I don't expect Bill Gates to pay my mortgage or my healthcare, but I do expect him to pay his taxes proportionate to his income as set up by congress in the prevailing tax code.
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Old 09-22-2010, 10:49 PM
 
27,624 posts, read 21,129,736 times
Reputation: 11095
Quote:
Originally Posted by Phil306 View Post
Forbes 400 richest Americans list for 2010: Gates is No. 1 - Sep. 22, 2010

Where are all the liberal/socialists on this board going through outrage? All these rich people getting richer at your expense? My god. Why aren't these people paying for:

Your mortgage.
Healthcare.

These bastards!!! Kill them...
You've got it backwards, When the citizens of the country are getting ripped off by an Oligarchy, we are paying their bills. Remember the Wall Street bailout? C'mon you must remember, it wasn' that long ago. It went something like this..."Socialize the losses, Privatize the profits".
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Old 09-23-2010, 12:48 AM
 
Location: Redondo Beach, CA
7,835 posts, read 8,440,877 times
Reputation: 8564
Quote:
Originally Posted by mohawkx View Post

I don't have any problem with people being rich. Bill Gates invented a superior product, marketed it to the masses, and made computing available for everyone. He deserves everything he has. I don't know any other liberals who feel differently. I don't expect Bill Gates to pay my mortgage or my healthcare, but I do expect him to pay his taxes proportionate to his income as set up by congress in the prevailing tax code.
This.

Well, not only this, but also, the OP doesn't even recognize that this actually illustrates the point we've been trying to make. . .

The rich are getting RICHER and the middle class is becoming POORER.

They're not trickling anything down -- that's a bunch of garbage. Trillionaires and billionaires can afford to pay a higher percentage of their income in taxes and not go hungry or be unable to pay the rent. For crying out loud, at those income levels, they wouldn't even feel it.

For the life of me I have no idea why the "average Joe republican" wants to protect these people's pocketbooks so bad. They don't benefit in any way by fighting for the protection of the über wealthy.


Oh, and by the way, these are the guys behind the supposed "grass roots" Tea Party organization:
Charles and David Koch, of private energy conglomerate Koch Industries, tied for No. 5 at $21.5 billion each. Both men saw their wealth skyrocket by $5.5 billion from 2009.

They saw their wealth skyrocket. Skyrocket.

And yet I was raked over the coals for daring to try to explain that the economy was no longer in a free fall, by people wailing and moaning about everybody being unemployed and everything sucks for everybody and blah blah blah.

Tell it to the Koch brothers, see if they give a rat's ass.
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Old 09-23-2010, 01:56 AM
 
Location: Midwest City, Oklahoma
14,848 posts, read 8,210,859 times
Reputation: 4590
What you don't understand is. Raising taxes and expanding social programs does nothing to prevent the rich from getting richer.




Under Clinton, the richest Americans incomes exploded.

Government involvement in the economy merely allows bureaucrats to pick winners and losers. The bailouts are as clear a case for that as anything.

The problem is that, the people don't want to lose their jobs, so they trade freedom for security. But in the end, they'll have neither.

The only way to prevent the rich from getting richer, is either to enable more competition, or to set prices. Neither does the government have any interest in doing.

The government protects corporations from competition, by granting them licenses, or setting regulations which makes it impossible for new competition to enter the market. And setting prices is socialism, a naughty word.
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Old 09-23-2010, 05:14 AM
 
Location: Texas
14,076 posts, read 20,532,927 times
Reputation: 7807
Quote:
Originally Posted by Redshadowz View Post
What you don't understand is. Raising taxes and expanding social programs does nothing to prevent the rich from getting richer.




Under Clinton, the richest Americans incomes exploded.

Government involvement in the economy merely allows bureaucrats to pick winners and losers. The bailouts are as clear a case for that as anything.

The problem is that, the people don't want to lose their jobs, so they trade freedom for security. But in the end, they'll have neither.

The only way to prevent the rich from getting richer, is either to enable more competition, or to set prices. Neither does the government have any interest in doing.

The government protects corporations from competition, by granting them licenses, or setting regulations which makes it impossible for new competition to enter the market. And setting prices is socialism, a naughty word.

Why would anyone WANT to prevent the rich from getting richer? That's the American Dream, isn't it?

No, it seems to me that the goal shouldn't be to prevent the creation of wealth, but ensure everyone has an equal opportunity to do so. Right now, that's clearly not the case as the uber rich grow wealthier while the bottom drops out of the other end and more and more people slip into poverty.

When a society measures it's wealth by the value of it's stocks, rather than the value of its output and the amount of money in consumer's pockets, such a spread between the haves and have not's is as predictable as the sun rise and that is precisely what's happening now.

A healthy stock market does not necessarily translate into a healthy economy simply because the easiest, fastest way to boost stock value is to lay off workers. It makes the bottom line look more attractive to stock buyers. But, it also knocks the floor out from under the economy, thrusting more and more people into the have not category while the haves profit from that exchange of labor for stock value.

That's where "trickle down" fails. While adopting government policies favoring investments does, indeed, help the stock market, it also feeds the cycle of unemployment rather than increase employment because of the pressure to increase stock value by decreasing employment.

And, the super rich know this full well. That's why you see so many of those people on that list active in Republican causes. They know the GOP will deliver the goods for them, ie: more "trickle down."
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Old 09-23-2010, 05:22 AM
 
2,409 posts, read 3,041,798 times
Reputation: 2033
Quote:
Originally Posted by mohawkx View Post
I don't have any problem with people being rich. Bill Gates invented a superior product, marketed it to the masses, and made computing available for everyone. He deserves everything he has. I don't know any other liberals who feel differently. I don't expect Bill Gates to pay my mortgage or my healthcare, but I do expect him to pay his taxes proportionate to his income as set up by congress in the prevailing tax code.

That's what you've been told. Microsoft is hardly a superior product. The only difference between Bill Gates is he's had the backing of government propping up his monopolistic company. There's a reason why there is only one major operating system in the world and it's got the backing of the US government and a guy like Bill Gates........I won't spell it out for you and risk sounding like a conspiracy theorist. Follow the money, the tax breaks, the anti-trust laws etc. It's like saying Donald Trump is a successful businessman.........yeah and how many times has he declared bankruptcy and how many times has he fandangled his way through government loopholes etc.
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Old 09-23-2010, 05:28 AM
 
Location: Londonderry, NH
41,479 posts, read 59,791,864 times
Reputation: 24863
As the upper 10% effectively own the country and the economy they should pay for maintaining their property. Thus I have proposed a all income from all sources Federal Income Tax with a base deductable equal to the 90th income percentile. How the tax is arranged above that could vary from a fixed percentage to a progressively increasing rate.

The result would be an instant increase in money in the lower tiers hands that they could invest, save or spend as they wished. This would give a long term boost to the entire economy.
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Old 09-23-2010, 05:47 AM
 
Location: Don't be a cry baby!
1,309 posts, read 1,362,761 times
Reputation: 617
Here we go again (another rich vs poor); some people will never overcome their feelings of inadequacy and jealousy and will always seek to blame those who are successful for their own shortcomings.

You just don’t get it, rich people who earned their wealth are not made like you and will never be poor like you because they take control of their fate and they don’t sit around waiting for it to be given. (It’s funny to watch though, like vultures waiting for the lions to finish eating. Who’s jealous of whom? The Lion is just doing what it knows while the vultures just don't freaking know.)
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Old 09-23-2010, 05:53 AM
 
Location: Londonderry, NH
41,479 posts, read 59,791,864 times
Reputation: 24863
Most of the Haves and Have Mores inherited their wealth or are the beneficiaries of government largess (owners of Blackwater mercenary services for instance). The work your way to wealth is a myth used to keep the Have None in their place by putting the blame for their relative if not actual poverty on them and not the system. Some of us are not fooled.
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