Should have listened to the TEA Party

Originally posted by links234

Originally posted by Carseller4
Should have listened to the TEA Party.

We did and we got downgraded. We have no revenue increases, we have zero loopholes closed and we're cutting $1 trillion from doemstic programs with almost nothing from defense.

Maybe we didn't listen enough because we still have a government. Sorry?

What? You're not defending Obama's spending on defense to bomb Libya? Why don't you call the WH and demand Obama make those pilots turn around right now!

Speaking of revenue, it's real hard to raise revenue in a depression.

The Democrat talking points are just hilarious. And totally bogus. The class warfare is classic Marxism. What clever kids you are.

Originally posted by JaxonRoberts
reply to post by crimvelvet

 

So instead you would propose what? Free rides for the wealthy? Let the entire burden fall on the rest of us, you know the one's who are making the wealthy wealthy??? And did it ever occur to you that the reason jobs are leaving this country is because of the American Worker, who overvalues his/her worth in the market place? But we can't do that! We can't accept responsibility for our own actions! That would be UNAMERICAN, now wouldn't it! Since the vast majority of American jobs have gone to places other than Canada and Mexico, blaming NAFTA is like blaming Leprechauns for rain...

Ummm that would be the Unions buddy. Remember the Wisconsin protests? Yah, you just made our point for us.

Yes we need cuts, but conservatives want to cut ALL THE WRONG THINGS.

Almost one half of the budget is Pentagon spending. We need to cut that down drastically. We need to stop wars overseas and close military bases.

We need to stop giving billions of dollars to Israel.

We need to make the millionaires in Congress pay for their own medical care instead of cutting medicare and social security.

We need to stop giving a cushy retirement plan to Senators and Congresspeople who only serve one term.

We need to stop letting Senators and Congresspeople do insider trading.

We need to tax the rich.

We need to stop handing money out to Banks and Wall St.

We need to stop handing money out to foreign banks.

We need to quit giving billions of dollars to foreign countries.

We need to quit giving money to ACORN.

We need to STOP THE FED and start printing our own money and running our own finances.

Originally posted by JaxonRoberts
reply to post by crimvelvet

 

So instead you would propose what? Free rides for the wealthy? Let the entire burden fall on the rest of us, you know the one's who are making the wealthy wealthy??? And did it ever occur to you that the reason jobs are leaving this country is because of the American Worker, who overvalues his/her worth in the market place? But we can't do that! We can't accept responsibility for our own actions! That would be UNAMERICAN, now wouldn't it! Since the vast majority of American jobs have gone to places other than Canada and Mexico, blaming NAFTA is like blaming Leprechauns for rain...

OH good grief.

READ what the heck I WROTE. I was talking of FREE TRADE AGREEMENTS those include NAFTA and WTO and CAFTA.

Instead of writing a 900 page book I used an example.

The Mexicans are PROTESTING against NAFTA and the People of INDIA are PROTESTING against WTO. If you bother to look into the matter you would see the ONLY people who benefit are the mega-corporations.

You are so focused on the "Tax the Rich" manta you can not see the smoke and mirrors the rich use to escape the taxation.

After one hundred years of "Tax the Rich" without the rich ever really being taxed. You would think people would finally wise up to the sleight of hand.

The wealthy have more wealth now then they ever had before and there is no way their bought and paid for political puppets are going to tax it. The only ones to ever really get taxed is the middle income and that is not going to change no matter what type of hype the BANKER owned Media putts out.

How Much Wealth Do The Economic Elite Have?

While 68.3 million Americans struggle to get enough food to eat and wages are declining for 90% of the population, US millionaire household wealth has reached an unprecedented level. According to an extensive study by auditing and financial advisory firm Deloitte, US millionaire households now have $38.6 trillion in wealth. On top of the $38.6 trillion that this study reveals, they have an estimated $6.3 trillion hidden in offshore accounts.

In total, US millionaire households have at least $45.9 trillion in wealth, the majority of this wealth is held within the upper one-tenth of one percent of the population.

If all this isn’t obscene enough, to further demonstrate how the global economy has now been completely rigged, Deloitte’s analysis predicated, based on current trends, that US millionaire households will see a 225% increase in wealth to $87.1 trillion by 2020. Accounting for wealth hidden in offshore accounts, they are projected to have over $100 trillion in total within the next decade. .... daviddegraw.org...

My analysis was completely separate, but in looking around I found this.

Oh and these are the exact same people as those who CAUSED the economic crisis according to the article.

Who Rules America? Revealing The Economic Top 0.1%

Here is an analysis from an investment manager with mega-wealthy clients breaking down the economic top 0.5% of the population, recently published by William Domhoff, sociology professor and author of Who Rules America?:

“Unlike those in the lower half of the top 1%, those in the top half and, particularly, top 0.1%, can often borrow for almost nothing, keep profits and production overseas, hold personal assets in tax havens, ride out down markets and economies, and influence legislation in the US. They have access to the very best in accounting firms, tax and other attorneys, numerous consultants, private wealth managers, a network of other wealthy and powerful friends, lucrative business opportunities, and many other benefits.

Folks in the top 0.1% come from many backgrounds but it’s infrequent to meet one whose wealth wasn’t acquired through direct or indirect participation in the financial and banking industries….

Most of the serious economic damage the US is struggling with today was done by the top 0.1% and they benefited greatly from it…

. For example, in Q1 of 2011, America’s top corporations reported 31% profit growth and a 31% reduction in taxes, the latter due to profit outsourcing to low tax rate countries…. The year 2010 was a record year for compensation on Wall Street, while corporate CEO compensation rose by over 30%.…

In 2010 a dozen major companies, including GE, Verizon, Boeing, Wells Fargo, and Fed Ex paid US tax rates between -0.7% and -9.2%. Production, employment, profits, and taxes have all been outsourced….

I could go on and on, but the bottom line is this: A highly complex and largely discrete set of laws and exemptions from laws has been put in place by those in the uppermost reaches of the US financial system. It allows them to protect and increase their wealth and significantly affect the US political and legislative processes.

They have real power and real wealth. Ordinary citizens in the bottom 99.9% are largely not aware of these systems, do not understand how they work, are unlikely to participate in them, and have little likelihood of entering the top 0.5%, much less the top 0.1%….

… the American dream of striking it rich is merely a well-marketed fantasy that keeps the bottom 99.5% hoping for better and prevents social and political instability. The odds of getting into that top 0.5% are very slim and the door is kept firmly shut by those within it.”

daviddegraw.org...

Originally posted by groingrinder
Yes we need cuts, but conservatives want to cut ALL THE WRONG THINGS.

Almost one half of the budget is Pentagon spending. We need to cut that down drastically. We need to stop wars overseas and close military bases.

We need to stop giving billions of dollars to Israel.

We need to make the millionaires in Congress pay for their own medical care instead of cutting medicare and social security.

We need to stop giving a cushy retirement plan to Senators and Congresspeople who only serve one term.

We need to stop letting Senators and Congresspeople do insider trading.

We need to tax the rich.

We need to stop handing money out to Banks and Wall St.

We need to stop handing money out to foreign banks.

We need to quit giving billions of dollars to foreign countries.

We need to quit giving money to ACORN.

We need to STOP THE FED and start printing our own money and running our own finances.

Who ever said we were against any of those things????

The only thing I question is the "Tax the rich" because it has ALWAYS backfired and become a tax on the middle class instead. Especially a tax on small time business people.

See my two posts above.