18 CEOs Called Out By Bernie Sanders

originally posted by: MOMof3
a reply to: BuzzyWigs


The biggest propaganda lie that the masses believed for a long time "If you work harder......". That is predatory baiting. Like leading a donkey around with a carrot he will never reach.
ETA: Personally, I am glad the younger generation is becoming aware of it.

It isn't a lie. The harder I work, the mor experience I gain. Experience = more pay.

I actually get paid to find ways to not work harder, though. Find ways to do tasks in 1/3 the time of my peers. Working smarter is usually better than working harder.

originally posted by: bigfatfurrytexan
a reply to: BuzzyWigs

see...now that is economic policy I can get behind. Traders are leeches, creating no value for the economy. I would much rather have a trade tax put in place at a higher level than see the guy who owns the local plumbing company have a tax increase. He makes decent money...but has to muck through God knows what to do it. He adds value to the economy.

I don't support that because the simple fact is the middle class are the largest traders in the country.

That's people like you, and me that trade from their homes using sites like E-trade, and Scotttrade, and others.

That accounts for millions of people, Billions of dollars, and the state always gets a cut of that.

Via the capitol gains anyone someone sells, a stock like a short sale where someone makes a capitol GAIN.

To the capital GAIN on dividends.

Then get taxed again to pay for medicare AGAIN and they already have paid their contributions to it via payroll TAXES.

How can people willfully support people like Sanders that just loves to take money out of the middle class's pockets.

I just don't get it.

Is that hatred for the rich so blinding?

a reply to: BuzzyWigs

Darlin' I haven't had steak in .... forever.

When we have beef these days, it's likely to be the heart because no one wants them and thus they are cheaper and within our price range.

a reply to: neo96

I think Sanders biggest potential move, eliminating the military bloat of our country, is a silver bullet fix. No tax increases of any sort would be needed to fund anything within our country if we reduce the military bloat.

That aside....what would you propose? A flat tax would destroy the poor and leave them destitute. Moving away from fiat debt would colapse the system in transition.

a reply to: bigfatfurrytexan

Reducing military bloat would have to be done right. Right now, our operational military is at its lowest capacity since prior to WWII, and looking at today's world and the way it's falling apart, I'm not sure that's a good thing.

So there is reducing bloat, and there is simply cutting funding which has been going on already.

You reduce the bloat ... OK, but it needs to be done properly without further eroding the capability we have left because it looks like all hell could break loose across the globe these days.

a reply to: bigfatfurrytexan

So what happens to all those military person ell with no more jobs, and the millions of middle class Americans that have jobs making their food, and other materials they use.

That would expand the problem even further. Because all of them pay income taxes that pay for Sanders social engineering programs he's loves so much.

That aside....what would you propose?

I already said this back a few pages.

Fix the money, and ABOLISH then income tax period.

a reply to: bigfatfurrytexan

Personally, I think if we wanted to reform some of the welfare systems we might look at some serious means testing and look at block granting aid.

Instead of basically managing money for the poor, cut out the bureaucracies who all are full of flunkies getting paid to manage money like we all have to. And roll that money into grants dispersed to the poor on a biweekly or monthly basis. Keep one agency whose job is to handle the means testing and the grants are reduced incrementally as the person's means increase. So there is no all or nothing effect going on. But then, as it comes to housing, food, clothing, daycare, utilities ... the person receiving the aid is responsible for managing their own business.

We all have to, but for some reason the poor have government agencies managing all that for them, and we pay for those agencies to do it.

How much would we save cutting those employees? And we wouldn't have to necessarily reduce aid. It might also teach people how to take care of themselves and manage their affairs again.

a reply to: neo96

Before addressing potential objections, consider this:

A one-basis-point tax on $1,000 worth of stock would cost the stock trader a dime. A $100,000 trade would generate a tax of only $10.

whatever, neo. If you're worth $5 million dollars, you can worry about the death tax.
If you're trading daily in the 100,000s of thousands, a $10 tax isn't going to faze you.

Stop being so sensationalist. It doesn't help anyone.
Even I am willing to hear out Trump's ideas...

and some of them make very good sense.

Your BLIND HATRED of anything you consider progressive ("communist", as you like to paint it) is skewing your outlook entirely.

If you aren't in the top 2%, NONE OF THIS AFFECTS YOU.
Stop whining. Please.

a reply to: ketsuko

Am I supposed to pity you?
Learn to balance your own budget. If your expenditures are too high, then you don't deserve steak.

Got car payments? Dump that car and buy an older used one for cash.
Paying off credit cards? Don't spend beyond your means.

Our household is well under $100k (in terms of both 'market value', and annual income), and we have minimal debt, but two PAID FOR cars and a paid-for motorcycle (2012 model)....a home with a mortgage that costs less than renting a 1br in this area. We don't live beyond our means. We don't go out to eat, or to shows or movies, except for a couple of times a year. We can afford to have steak if we want it. We can afford for me to fly to see my daughter once a year. We don't go on expensive vacations - but we do go to visit places and people we love.

All of that, and my husband STILL manages to stick 1/4 of his paycheck into retirement/savings.

If you can't manage those simple things, you're doing something wrong. Down-size your expenses.

Your story is always of having been - and still being - so "put-upon". Whaaaaaa.....

sheesh. Cranky, much?
And don't call me 'darlin'.
In fact, not addressing me at all would be preferable to your constant poking. Thanks so much. (Oh, try one more thing - look for the marked down meats at your grocer's of a morning. Usually 50% off the 'marked price'. Oh, and another thing - shop at thrift stores. But most of all, take some deep breaths and try to get your catatostrophic victim-mentality thing under control. It's not good for your health, or for your son, Mommy.)

Anyway - we both know that NOTHING I say will EVER be okay with you.
Toodles!!
*waves fingers*

a reply to: BuzzyWigs

All people with college degrees need to know this.

a reply to: ketsuko

Personally, I think if we wanted to reform some of the welfare systems we might look at some serious means testing and look at block granting aid.

What it boils down to is Sanders ,and his supporters want to replace the MIC with the WIC.

Military Industrial Complex versus the Welfare Industrial Complex.

The funny part is ?

The money STILL ends up in the same place.

originally posted by: BuzzyWigs
a reply to: neo96

Before addressing potential objections, consider this:

A one-basis-point tax on $1,000 worth of stock would cost the stock trader a dime. A $100,000 trade would generate a tax of only $10.

whatever, neo. If you're worth $5 million dollars, you can worry about the death tax.
If you're trading daily in the 100,000s of thousands, a $10 tax isn't going to faze you.

Stop being so sensationalist. It doesn't help anyone.
Even I am willing to hear out Trump's ideas...

and some of them make very good sense.

Your BLIND HATRED of anything you consider progressive ("communist", as you like to paint it) is skewing your outlook entirely.

If you aren't in the top 2%, NONE OF THIS AFFECTS YOU.
Stop whining. Please.

Tell that to those people like farmers whose 'wealth' is only determined by the value of their real estate.

Yeah BLIND HATRED.

If you're trading daily in the 100,000s of thousands, a $10 tax isn't going to faze you.

Not your call to make or Sanders.

The state already makes TRILLIONS off of WALL STREET via capitol Gains, and TAXES like the medicare surtax.

Sure the hell doesn't need more cash to blow.

a reply to: neo96

I am all about abolishing income tax. I think it is a travesty of the highest degree that we are taxed on our labor. Our labor is us trading our lives, and time with our families.

Bastard leeches sucking the life from me. Literally.

a reply to: xuenchen

Yes, they do. My daughter, actually, was one of the RARE coeds at her snooty private university who had earned a scholarship to get there AND learned how to balance her own budget. It took her all 4 years of undergrad to get to that point. Her friends all told her, "You're the only one of us that knows how to manage the budget thing."

They were all rich kids whose 'Rents (their term for parents) paid for EVERYTHING. She used to get irritated at me for taking the train to go see her instead of rolling up in a Jaguar for every visit. She also got irritated with me for insisting that she learn to live within her budget without constant 'I need more money, Mom!'. She knew we simply did not have it.

She is now very gainfully employed as an Engineer and is paying off her student loans (which she arranged by herself) AND able to go on nice vacations and trips. Shares an apartment (half of a duplex) with another working girl....its a decent place in a decent neighborhood.

TOO MANY kids are given everything EXCEPT lessons in how to live on their own.

originally posted by: BuzzyWigs
She used to get irritated at me for taking the train to go see her instead of rolling up in a Jaguar for every visit.

If I knew that was the case I would have let you borrow my Lambo.

a reply to: bigfatfurrytexan

Bastard leeches sucking the life from me. Literally.

That is the very essence of what our government has become.

originally posted by: BuzzyWigs
a reply to: ketsuko

Yeah, cuz those fractions of a fraction of a percent that the TRADERS have to pay is going to mean no steak for you.

Senator Bernie Sanders of Vermont, who is seeking the Democratic nomination for president, has done just that, by proposing a financial transaction tax:

a small excise tax, typically a few hundredths of a percent, on trades of stocks, bonds, derivatives and other securities. An itty-bitty, one-basis-point transaction tax (a basis point is one-hundredth of a percentage point, or 0.01 percent) would raise $185 billion over 10 years, according to new estimates by the nonpartisan Tax Policy Center.

That would be enough to finance an ambitious expansion of prekindergarten programs for 3- and 4-year-olds and restore funding of college assistance for low-income students.

What’s more, a financial transaction tax could significantly reduce the amount of high-frequency trading. This trading, most of it automated, is used to make windfall profits through arbitrage (taking advantage of small differences in price) in milliseconds. It does nothing to help ordinary investors and can destabilize financial markets.

www.nytimes.com...

And don't lecture me on job retention, lady. I'm not your teenager, and you're certainly not my mentor.

The feelings behind the income tax were similar to this basis point per trade tax.

At the time that that the income tax was adopted, the Tariff on imports was the majority of US government income. The Tariff allowed US industries to charge higher prices than the imported goods. Farmers and farm laborers throughout the country called the Tariff unfair and too high.

The income tax was publicized as a way to make the rich pay, without making the poor pay. The income tax started in 1913 was only 1 to 4 % on the super rich.

Now the income tax is 15 to 25 % for most of the working population. And paying the tax includes corvee labor to produce an impeccable, prosecutable, record of all private transactions. TPTB could use income tax law as a reason to surveil everyone all of the time.

Just as the scope and percentage of the income tax grew over time, any new tax on anything will grow in dollars taken and liberties extinguished.

a reply to: Semicollegiate

Just as the scope and percentage of the income tax grew over time, any new tax on anything will grow in dollars taken and liberties extinguished.

This is absolutely TRUE.

People can see it in action with tobacco, and alcohol too. People are paying more tax to the state. Than what the products cost to make.

And with Sanders we are mostly like looking at the VAT tax as well since he has a slobbering love affair with Europe.

a reply to: AugustusMasonicus

Thanks, Gus.
I appreciate that.

I'm out of here.

a reply to: BuzzyWigs

Isn't it amazing that the 2.5 trillion bailout could have abolished student loan debt..... 2 times over?