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It may be a little too complicated for you as well. While Greenspan may have been a "Rand-ian", and was in her inner circle in his younger years, NOTHING about his fed policies are "Rand-ian". She espoused the exact OPPOSITE. She wanted the markets to determine the interest rates, not the Fed. Greenspan and the fed left rates much lower and much longer than the free market would have, all to artificially spur on growth. You cant get much more anti-Randian than that. In other words, it was FREE MARKET INTERFERENCE that led to the dot com and housing bubbles.
Who's whining? "Oh, the middle class have it so tough here. The wealthy need to pay more than they are paying. Boohoohoo."
We should leave things as they are. You are the one whining that things need to change. I'm happy with them as they are.
You should move to Florida. The middle class have it easier there. Then you wont have to beg for other people's money as much.
No, we should share prosperity with as many people as possible. Corporations are working their employees (the ones who are left) to the bone and sitting on $2 trillion in wealth. Without a viable and prosperous middle class the so-called "ownership" class will have nobody left to buy what they're peddling. We'll slide slowly into permanent recession.
It may be a little too complicated for you as well. While Greenspan may have been a "Rand-ian", and was in her inner circle in his younger years, NOTHING about his fed policies are "Rand-ian". She espoused the exact OPPOSITE. She wanted the markets to determine the interest rates, not the Fed. Greenspan and the fed left rates much lower and much longer than the free market would have, all to artificially spur on growth. You cant get much more anti-Randian than that. In other words, it was FREE MARKET INTERFERENCE that led to the dot com and housing bubbles.
Boy is this correct. Rand would have disbanded the Fed and restored the gold standard. Let freedom decide everything for better or worse. Not because a fair result is guaranteed with freedom, but because anything less is immoral.
We need to move away from envy-driven redistribution. The very term redistribution is inherently evil by virtue of its assumptions: that money just exists and is not earned, and is therefore subject to arbitrary allocation by whoever has temporary political control.
So are you for income redistribution and socialism? Raising taxes is not the answer. Less spending and reducing the size of government and entitlements is the answer and having a president who is not so hostile to business is the answer. We need to grow the economy not kill it like this president has. By the way the unions in this state are killing the middle class with property taxes that are sky high. I am for private sector unions not public unions. Why should government workers who are payrolled by the private sector not pay their fair share of benefits and pensions like the rest of us? Is that too much to ask? Why the double standard? I'm not rich and I'm not defending the rich, but what is fair is fair. Dont they already pay more taxes than everyone else. Are we going to punish the winners and reward the losers. This is unAmerican and it will only end up only hurting our economy even more. I never was hired by a poor man. How about you? Enough of the class warfare and the nanny state mentality. We are broke incase you didnt realize that. We cant spend our way out of debt! How asinine! This state is bankrupt and I'm glad the governor is taking steps to get us on the road to economic and financial recovery and well being. By the way why dont you and other liberals voluntarily give more taxes if you are such a big believer in higher taxation and bloated government. No one is stopping you from paying more taxes! Tax and spend. When has this ever worked before??
yeah, the president has been so hostile to business. what exactly has he done? being for higher taxes is not being for socialism or redistribution. the budget it out of whack, and "less spending" isn't going to cut it. any one who understands math class from 7th grade should see that. can you please tell me how we "reward the losers"?
yes we are broke, and you don't realize it, because cutting spending alone WILL NOT GET US to be balanced. tax and spend doesn't work, but neither does "don't tax and still spend". just more of the same bs from both sides.
I want people like you to keep your hand out of my pocket.
my hand isn't in your pocket pal. i don't need your money. i'm sure you got where you are on your own merit. home schooled, for-profit college such as u of phoenix, and never used a public dime in your life. spare me.
I didn't say for him to raise taxes on the rich, i'm only throwing out a piece by a senator. Second I'm far from a liberal and I am a registered repub. have voted republican probably for the last 40 years. It's amazing how someone reads a post and ASSUMES something . As for Obama killing the economy I guess you were sleeping for the last 10 years or so. I didn't vote for Obama( I'm a repub) and I don't personally like him BUT he sure as hell didn't put this economy in the $hitter. He got it dumped in his lap by that knucklehead Bush(who I voted twice for). I could go on and on. Corzine sucked, Whitman sucked, McGreevy literally sucked LOL. The only decent governor that I could say I liked and voted for was Tom Kean and he was a repub. Christie I think is trying but I don't agree with his techniques.
jersey man don't you know that gwb added all those jobs and obama winning is what tanked the economy? cmon, every smart guy knows that.
Men #1 through #4 were displeased that everyone else received a benefit except them. Man #5 was upset that he only got $1, while Man #10 got $9. Likewise Man #6. So these men beat up Man #10, took his money and left him bleeding on the sidewalk.
The men returned to the restaurant the following week for lunch, but of course Man #10 was a no-show. So when the bill arrived, the remaining men discovered they couldn't afford to pay even half the bill.
... blah blah blah ...
VERY cute story. But I see a different ending, since THEY TOOK HIS MONEY (as it says). And the rich guy's pocket change was enough to buy ALL these guys (AND their extended families) food for the following year. While the rich guy healed and because of his loss, had to limit some of the options on his new Lamborghini.
Not for nothing, but I think the rich guys need the poor guys more than vice versa. Once the rich have glommed ALL the candy on their side of the table, life for ALL OF US is going to be very difficult. Even the rich won't be able to buy anything because there will be no truckers, grocery stores, farmers, etc. (and we KNOW they hate manual labor). OK ... I guess unless you are planning on bringing back slavery.
The way I see it, hunger and greed are both similar emotions, but quite frankly, my heart goes with those who need food for themselves and their families, more than it goes to the person who just can't WAIT to buy that new Sikorsky Helicopter.
To those of you who ask "Well how much would YOU propose we tax the rich"? I have not had an answer to this until now ... and my answer is that I feel the incomes should be taxed based on how obscene they are. This means that I agree that in NY/NJ (for example), a $400K salary is not much. But we have greedy slime who make that a pittance. IMO, obscene earnings deserve obscene taxes. $100 Million bonuses on wall street are hurting society more than school teachers or ANY unions.
And on the topic of school teachers, while many of them are feeling the pinch ... and many have taken early retirement, etc. The kids are hurting from this, too. But the jack4$$ superintendent is STILL earning his $550K per year, isn't he? Or did I miss the part where Christie managed to get rid of him?
They speak to the disparity between the "haves" and the "have-nots". This disparity is unbelievably huge! It has never been higher than since the great depression. The HP article even brings up the possibility that these economic firestorms are CAUSED by the disparity (the article is inconclusive on that, I know).
But all that aside, I THINK we ALL can agree that the margin between the top and the bottom is larger than ever.
Some of you ... CaptainNJ, Anesthesia, for instance, might argue that it is the law of the country that allows this disparity. But I ask "who is making these laws"? The middle class? I think not. Certainly not the poor! So then, some might ask ... "Why do you elect this kind of person"? Again, who is it that gives us our nominees? The poor? The middle class?
I really hate generalizations, but I feel the rich, as a class, are MAINLY the ones who are responsible for creating this economic predicament, and their absolute greed and avarice is going to kill a good thing, that THING, being the U.S.A. Looks pretty much to me like its EOL already.
Anyway ... I ask the Forum members ... do you think CC's policies are going to rectify this disparity ... or enhance it?
I didn't say for him to raise taxes on the rich, i'm only throwing out a piece by a senator. Second I'm far from a liberal and I am a registered repub. have voted republican probably for the last 40 years. It's amazing how someone reads a post and ASSUMES something . As for Obama killing the economy I guess you were sleeping for the last 10 years or so. I didn't vote for Obama( I'm a repub) and I don't personally like him BUT he sure as hell didn't put this economy in the $hitter. He got it dumped in his lap by that knucklehead Bush(who I voted twice for). I could go on and on. Corzine sucked, Whitman sucked, McGreevy literally sucked LOL. The only decent governor that I could say I liked and voted for was Tom Kean and he was a repub. Christie I think is trying but I don't agree with his techniques.
the "i got mine" republican boiled down in one sentence. Get to the top and then pull up the ladder. we get it - you're completely selfish.
+10
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