18 CEOs Called Out By Bernie Sanders

a reply to: bigfatfurrytexan

Just reviewing the thread....

To get my vote, his biggest obstacle is the sheer volume of morons I know personally who have bought into the cult, and have started making outlandish claims (often contradicting his own stated opinion).

Wait.

What? Should I be offended here??

Oh well.......I refuse take it personally. No biggie....

I just wanted to let you know how I appreciate your realization and statement that he's pretty close to Libertarianism....

originally posted by: BuzzyWigs
a reply to: bigfatfurrytexan

Just reviewing the thread....

To get my vote, his biggest obstacle is the sheer volume of morons I know personally who have bought into the cult, and have started making outlandish claims (often contradicting his own stated opinion).

Wait.

What? Should I be offended here??

Oh well.......I refuse take it personally. No biggie....

I just wanted to let you know how I appreciate your realization and statement that he's pretty close to Libertarianism....

Doctors take an oath, First do no harm.

Libertarians don't take an oath, but if they did it would be, First make no law.

All genuine laws are codified from habit, never from decree.

Bernie is not a Libertarian, he is a one size fits all, give you other people's money, priest of the divine state.

a reply to: ThirdEyeofHorus

Why are you even suggesting that we buy older cars so that we can be taxed more on our income?

What the HELL are you talking about???

Okay, don't even bother. This thread has run its course, and is now devolving into partisan rhetoric beyond the point of no return.

I'm done here, folks. Truly.
You all carry on.

originally posted by: neo96
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.

Even assuming this were true, atleast that plan involves improving the quality of life of the citizens rather than killing people overseas.

a reply to: Aazadan

Why yes nothing says 'quality' of life like robbing from the rich and giving to the poor so they can go out, and buy more stuff MADE IN CHINA.

a reply to: bigfatfurrytexan

How old are you may I ask that you still need experience? Skill workers is not the problem with our current economy. The problem is, some people can't wait and work years for better pay. They need housing, food, medical, now.

a reply to: MOMof3

Im 43. 15 years ago my wife and I both were making minimum wage. We scratched and clawed our way out of it. Just like my parents did. Just like her parents did. All of her siblings.

a reply to: Aazadan

Improve it how?

Welfare is all or nothing. If you make just a little too much, you lose all your benefits. So it disincentivizes you to ever get off the dole. So basically you are then trapped on the welfare rolls.

The more welfare and its associated programs hands you, the harder it will be justify making it on your own because there is a lot of money you can get living on the dole.

At the same time, living on the dole is capped. You cannot ever increase that amount through your own efforts only by government increasing the amount of benefits you receive. You are basically a "kept" person.

The other way, you control your own destiny. Yes, it's risky. You can lose your job. You go up and down in income, but there is no cap on what could happen for you.

originally posted by: ketsuko
Improve it how?

Welfare is all or nothing. If you make just a little too much, you lose all your benefits. So it disincentivizes you to ever get off the dole. So basically you are then trapped on the welfare rolls.

Most of the programs work on the principal of $1 in benefits reduction for every $2 you earn. Disability for example works on that system. It sounds good in principal but in practice each benefit is calculated independently so if you earn $2 you lose $1 in food stamps and $1 in income, and you pay taxes on that money. Changing that would fix it. We should merge all of the programs into one and just cut a single check per person per month at whatever value is deemed appropriate.

Yep, you called it. 'Offshore tax haven' is where all of Sander's 'tax the rich' money will go, leaving you and me to foot the bill for socialism. You do realize that individuals and businesses like to pay as little taxes as possible, don't you? And if we eliminate all the tax right-offs and so-called loopholes, the government can't tell them what to do anymore? That they'll try to make as much money as possible instead of performing the government's goals? I doubt it, NM.
a reply to: BuzzyWigs

originally posted by: Parthin96
Yep, you called it. 'Offshore tax haven' is where all of Sander's 'tax the rich' money will go, leaving you and me to foot the bill for socialism. You do realize that individuals and businesses like to pay as little taxes as possible, don't you? And if we eliminate all the tax right-offs and so-called loopholes, the government can't tell them what to do anymore? That they'll try to make as much money as possible instead of performing the government's goals? I doubt it, NM.
a reply to: BuzzyWigs

Sounds like a bonus. If they offshore the money we shrink the effective wealth gaps in the states, and the middle class has a larger share of the pie.

Yeah, yeah. If only America was poorer, the middle class would have a greater percentage of less money. That's how socialism works, basically.
a reply to: Aazadan

a reply to: BuzzyWigs

didn't you suggest to someone he buy an older car? Why would anyone do that if they don't have to. Why should any of us have to buy an older car because excessive taxes have caused us to not be able to afford new ones? In what lexicon does that help society? Oh that's right by the First Lady's Standards we all must give up some of our pie so other can have more....her words not mine.
My sister tried cash for clunkers and was told her car was TOO OLD!!! I thought cash for clunkers was to buy up old cars so people could get new ones and so they can get older less climate change footprintey ones off the road.
Take it as you will.
oh heres something to make you even more mad if you aren't already

mises.org...

a reply to: Reallyfolks

That's looking at it as if the elites really want to save America's economy. I've heard a lot of stuff about how the elites want to collapse the economy deliberately(or they wouldn't be doing the stupid stuff they are doing). I've also heard that the Rothschilds do not want any country to have too much power for too long...so they seek to reduce America's power, and we know who is doing that now don't we....
I think the Elites know many of the illegals don't want to become citizens, and we know also that politicians are seeking to transfer wealth from American tax paying citizens to illegals. We also know that illegals keep wages down which is hurting average Americans. I do not think the Elites care one whit about Americans even the ones they pretend to be giving hand up.

originally posted by: BuzzyWigs
a reply to: bigfatfurrytexan

Exactly!!

Thank you for reading the actual fact.
Unfortunately, most people won't, just because it's Bernie saying it.

No its because we know how retirement funds and mutual funds work. For millions of average working Americans.

originally posted by: Aazadan

originally posted by: neo96
Did it again with the DEATH TAX.

The middle class pays no estate taxes. It doesn't kick in until the estate is worth $11 million in most cases (two parents, 5.5 million each). Actually, it applies to the top 0.2% only, and if it's something you plan for you can even get around most of it by selling assets to family members over time while you're still alive.

I could swear someone just told me recently that there's little thing called the Medicaid Recovery....Medicaid will go after gifts even someone too poor to have health insurance gave to someone up to 5 years prior...
and here's a little something

However, state estate taxes, which kick in for estates valued at only $1 million or less in several states, could take a big bite out of your legacy. Your home and retirement accounts will be counted when your estate is valued for tax purposes, and proceeds from your life insurance could be counted, too, depending on how the policy is owned and who gets the money.

www.kiplinger.com...

So anyone with a retirement fund who passes on will have a lot of money taken out before their family will get it.

a reply to: ThirdEyeofHorus

Dropping a link to Mises Institute is a certain way to make any partisans head spin. If it even gets read.

Great link.

a reply to: jacobe001

yah the EPA is doing a dandy job isn't it.

a reply to: BuzzyWigs

But the way most common-folk investors 'pay' to play to on Wall Street is by paying some "hedge fund manager". THAT, to me, is a travesty. No....no stupid "manager" should be getting 'paid' to pick good funds.

So you do understand how mutual funds work, and yet you think if those guys who manage funds for people who don't have time to spend looking at market trends are taxed on every transaction, they won't pass on the cost to the people whose funds they are managing... you know suddenly the fees for their clients will start going up. It's going to be a disaster not unlike a hurricane or tsunami.
But of course in your perfect world everyone should be doing their own investing.
It's still all relative and you in your relative ideas think the rich can just afford it. And that's the typical socialist mentality and it's borne out of envy.

a reply to: BuzzyWigs

Got car payments? Dump that car and buy an older used one for cash.

omg I reread this post. In the rhetoric of Bernie Sanders wanting to raise taxes and such.... you sure have gall telling others how to manage their money and still advocate socialism....typical armchair socialist stuff...just like Nancy Pelosi...when is she going to donate 60 per cent of her money to charity..oh wait.... never