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Old 09-08-2016, 11:07 AM
 
69,368 posts, read 64,334,211 times
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Quote:
Originally Posted by PCALMike View Post
Yes, thats why there has been a massive attack on government by the billionaire class, their puppets and their think tanks over the past 50 years. Working stiffs who hate the only potentially democratic institution in the land are just shooting themselves in the foot. The billionaire class loves the idea of handing over Medicare and Social Security to Wall Street. Who do you think write anti-trust legislation when you hand over your political power to the donor class? The rich and the powerful will ensure that patents and anti-trust legislation help them and stiffs you.
massive attack on government by the billionaire class? ARE YOU KIDDING?

The rich LOVE government creating policies which LIMIT COMPETITION.. because they can raise their prices and there isnt a dam thing one can do about it because there is no one else to buy from.

Putting medicare and social security into wall street isnt attacking government, its partnering with them. GET REAL....

You are arguing out of both sides of your mouth and you dont even see it.
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Old 09-08-2016, 11:08 AM
 
9,725 posts, read 15,221,618 times
Reputation: 3349
Quote:
Originally Posted by Elliott_CA View Post
The most likely outcome of cutting corporate tax rates will be: higher revenues, higher profits, increasing CEO compensation packages, and larger amounts of cash on hand on the company's books, while keeping wages flat. This has been the consistent pattern with US corporations for the last 15 years.
Amen.

What they really ought to do is RAISE the corporate income tax unless you spend money increasing workers wages here in the USA.
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Old 09-08-2016, 11:09 AM
 
14,221 posts, read 7,011,717 times
Reputation: 6059
Quote:
Originally Posted by pghquest View Post
Sounds like B..

I dont praise the billionaire class.. YOU LACK THE ABILITY to comprehend that simply taking from billionaires does NOT make you better. You need billionaires.. in a FREE MARKET SYSTEM.

Here, lets help you save face.. Explain to me how you are harmed because Warren Buffet is worth $75 billion give or take.

I'll wait..
The 99% are harmed by massive income and wealth inequality because we have to choose between democracy or massive income and wealth inequality. We cant have both. The economy will be rigged against the 99% through a corrupt system of legalized bribery. As long as you choose grotesque income inequality over democracy, you dont have any real power to change this and democracy is a meaningless term.
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Old 09-08-2016, 11:10 AM
 
41,109 posts, read 25,857,872 times
Reputation: 13868
Quote:
Originally Posted by pghquest View Post
Not entirely true. While Clinton did ride Reagans coat tails to a point.. Clinton gave in to the GOP demands for lower taxes, cutting the welfare, slowed down the growth of government, which ultimately lead to an almost balanced budget. Causing the economy to explode.

Thats the exact opposite of what we have under Obama, and Hillary Clinton, who run around telling us that large deficits grow the economy, high taxes, grows the economy..

And these left wing idiots, who tout President Clintons success, somehow think the exact opposite policies of Obamas, is going to lead to the same results.

Its mind boggling how stupid they are.
Yes I do remember Clinton was left (which wasn't working) and he moved center.
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Old 09-08-2016, 11:10 AM
 
69,368 posts, read 64,334,211 times
Reputation: 9383
Quote:
Originally Posted by petch751 View Post
The great recession was caused by greedy people who wanted something they couldn't afford and other greedy people taking advantage of them. And it was the Democrats who said that there was nothing wrong even laughed at anyone who tried to warn them of the coming crash.

Democrats with their easy money (just like now) broke it and now they are here to save you ba ha ha ha

https://www.youtube.com/watch?v=IyqYY72PeRM

While they laughed and ridiculed Republicans for wanting to STOP the collapse, claiming they were just lying..
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Old 09-08-2016, 11:12 AM
 
41,109 posts, read 25,857,872 times
Reputation: 13868
Quote:
Originally Posted by pghquest View Post
massive attack on government by the billionaire class? ARE YOU KIDDING?

The rich LOVE government creating policies which LIMIT COMPETITION.. because they can raise their prices and there isnt a dam thing one can do about it because there is no one else to buy from.

Putting medicare and social security into wall street isnt attacking government, its partnering with them. GET REAL....

You are arguing out of both sides of your mouth and you dont even see it.
One way of limiting competition is to raise taxes on small business which is exactly what Obama did. Big business has access to working capital via the public market where small business doesn't. Since small business don't have that access and taxes were raised on them they have less working capital, hence low and slow growth... (without mentioning de-incentivizing)

Obama didn't hurt the rich or big business, he hurt small business before they could get out the gate... And that's why the rich and big business like Obama and support Hillary, limiting up and coming competition. On the employee side, low growth, less competition for employees kept wages down.

Last edited by petch751; 09-08-2016 at 11:22 AM..
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Old 09-08-2016, 11:14 AM
 
69,368 posts, read 64,334,211 times
Reputation: 9383
Quote:
Originally Posted by PCALMike View Post
The 99% are harmed by massive income and wealth inequality because we have to choose between democracy or massive income and wealth inequality. We cant have both. The economy will be rigged against the 99% through a corrupt system of legalized bribery. As long as you choose grotesque income inequality over democracy, you dont have any real power to change this and democracy is a meaningless term.
ooh please.. in a free market capitalism society, when I see someone making a fortune doing x.. I rush in and then compete with them in order to collect a piece of that pie. thereby taking that wealth from the rich. You absolutely CAN have both.. in fact we flourished as a country under both. It was only when we started to limit competition that we started having problems growing as a nation. Tax policies didnt create a limit on competition, big government legislation did.

You confuse the two, believing they are the same, they arent even close.
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Old 09-08-2016, 11:17 AM
 
14,221 posts, read 7,011,717 times
Reputation: 6059
Quote:
Originally Posted by pghquest View Post
massive attack on government by the billionaire class? ARE YOU KIDDING?

The rich LOVE government creating policies which LIMIT COMPETITION.. because they can raise their prices and there isnt a dam thing one can do about it because there is no one else to buy from.
The rich only love creating the laws that you will abide by. They hate government policies which benefits the 99%. The government has a flaw, the 99% have a say in how it is run and the elites hate it because real democracy is a threat to any institution of power. Thats why there is massive propaganda against "big government".

And this grovelling of the billionaire class is what you support. As long as you support a massive transfer of wealth and power from yourself to the donor class, we will see a total erosion of the political power of the working class.

This is what we are seeing in industry after industry in the last 40 years. Huge corporations hijacking the political process, less choice for the people, massive brainwashing about evil government and of course constant attacks on Medicare and social security and ideally handing it over to Wall Street.
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Old 09-08-2016, 11:20 AM
 
41,109 posts, read 25,857,872 times
Reputation: 13868
Quote:
Originally Posted by pghquest View Post

While they laughed and ridiculed Republicans for wanting to STOP the collapse, claiming they were just lying..
Democrats were warned but Democrat Barney Frank pushed back....

"Freddie Mac and Fannie May are NOT in a crises".
--Barney Frank (D)

Then they blocked the legislation to get it under control.

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Old 09-08-2016, 11:21 AM
 
Location: CT
3,440 posts, read 2,545,541 times
Reputation: 4639
Quote:
Originally Posted by t206 View Post
No candidate can "increase my wage" that is something only my employer can do. The best a candidate can do is tinker with tax policy and TAKE LESS of my wage.
I'm not allowed to rep you again, , this is absolutely it! So now we have to ask ourselves which candidate would be better for our wallet. We should probably expect Trump to be pro business, therefore lower corporate taxation, Clinton will grow the government and add more social programs. Neither sounds likely to help the bulk of taxpayers. Just because my employer gets a tax break doesn't mean he's going to give me the savings, and if the government needs more money to pay for it's largess, guess what?
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