Quote:
Originally Posted by Logan Savage
There are elephants in the room . People wanting freebies , Medicaid & subsidies , & they will not reelect politicians that limit those freebies so in some states the politicians that vote to limit those freebies won't have a political future . Obamacare was ill conceived & unsustainable but the leeches don't care as long as the freebies last . They'll scream bloody murder when Obamacare finishes swirling down the toilet though . People like that couldn't care less that we're passing trillions in debt on to our children & grandchildren . They can only think , what can the government give me [ NOW ] .
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Nobody is getting freebies as you claim and if it is, you won't tell the truth, that 7:1 those are white people recipients. But you don't want that truth.
The debt you talk about,..... is because the wealthy stole and sold off everything in America and hid money off shore and did not pay taxes. That same amount of debt, is the same money wasted in Iraq and hidden offshore and buried in Foreign Investment of Industry and every other element they could find to bury the money.
Now if you don't want to address those truths, then stop with your self centered commentary.. The wealthy will in-debt
their own great great grand children just so they can boast about how much money they have. The level of greed is so beyond anything remotely humane... that it would be likely in the Governments best interest to raise the tax rate on the wealthy
for the next 10 yrs just to make them pay back what they stole.
Any monies found in Offshore accounts should be seized and returned to the U.S. Treasury !!!! The money invested in Foreign Industry by American's should be taxed to the point they only get to keep 10% of what they earn and the other 90% goes back into the U.S. Treasury until all the money they used to engage in ECONOMIC TREASON AGAINST THE MONETARY SYSTEM AND ECONOMIC STABILITY OF AMERICA, FOR THE SAKE OF THEIR OWN GREED.
THEN... for every banks that claims 4-5-7 billion in profit every three months, have it taxed at 80% and put into a fund, that is devoted to Youth educations, so for the next 30 yrs, no young people have to pay for University Educations for the first 4 yrs. and if they want to go an addition 2 yrs.. the cost to do so is at a fixed rate that can't exceed $10k a year.
Then in 35-40 yrs, American will be back to being a nation that respects itself. And Greed will be taxed so heavy that the only way people will have is to engage in Honesty business, or risk forfeiture by seizure and return all ill gotten gains to the U.S. Treasury. Doing these things, will result to a Positive American, and In a matter of years, we won't have any more foreign debt.
Put in a clause that anyone who moves to another country trying to avoid this, that a 30 yr liability clause ensures that their money can still be taxed and seized and they can be charged with Economic Treason.
If we want Capitalism to work..
we have to go hard line to stop the greed crime that has ripped this country to shreds.
We have enough computing power to trace everything !!!!!! and we can trace it back
2-3 decades or more if necessary.
Then we put REGULATIONS ON THE STOCK MARKET.. That say's NO CEO CAN BORROW AGAINST SPECULATION VALUATION.. they can only borrow up to 30% of what is ACTUAL AND FACTUAL PRODUCTION AND SALES.. Then we won't have any more OVER-LEVERAGED COMPANIES. And NO ONE can use any companies equity against them to purchase it. IF one company wants to buy another, if they don't have 'solid cash".. and not borrowed money.. there is no more Acquisitions. Any Mergers cannot load the company with more than 30% debt load.....
As to Real Estate, any time a property goes up above 3% in a single year, then the property taxes goes up by xx %, so no city is strapped by people wanting more services while underlying their property taxes, as we know when appraised value is high, people want more services. So... if the appraised value exceeds such 3% a year escalation, then the Property taxes goes up.
Guaranteed when this is done... Property won't sky rocket and become unaffordable and communities won't be falling apart because people can't afford to own and maintain the necessary maintenance of a home.
Then add in the % factor on All Mortgage qualifications to ENSURE that a home buyer can afford the maintenance upkeep... Because there is no such thing as owning a house without it having maintenance upkeep expenses.
We can fix America..... but we have to stand on Responsibility and we do that by imposing Regulation and Taxation.. Then we fight off exaggerated Inflation and build stability. We won't have such a transient population that continue to erode itself by Greed Chasing.
The stock market was not created for Casino Gaming. that's why we have Casino's for those who want to gamble like that. The stock market was a slow growth program, to help business with Research and Development and WELL MANAGED EXPANSION AS IT CAN BE justified and maintained by having solid market shares....and solid data to back it up... Any excessive expansion must be under close scrutiny, and then we can have "healthy and fair competition" in the market places.
It does not matter who does not like it, it matters that we have A STABLE NATION !!!! THAT CAN MEET THE FUTURE WITH A SOLID PLATFORM.... THAT'S HOW WE PRESERVE AMERICA FOR FUTURE GENERATIONS.