Thread: Socialism for the Rich

This is socialism for the rich at its best. In the last days of the bush presidency they are simply stealing our money and future at an unprecedented rate.

Bailout Failure and Investing in America's Future :: The Market Oracle :: Financial Markets Analysis & Forecasting Free Website

This is exactly why I'm not all broke up about Obama's "redistribution" plan, it's either the middle class or the rich.

Originally Posted by Sparta

This is exactly why I'm not all broke up about Obama's "redistribution" plan, it's either the middle class or the rich.

Exactly! After all the money we have given the rich and wall street we still do not have a national objective of achieving energy independence. If we can focus our attentions on this one objective we can not only generate enough jobs to revive the economy but achieve what we all would benefit most from, energy Independence, freeing up large amounts of capital each and every year to be reinvested in American technologies and infrastructure. This generation has the opportunity to achieve what no other has and that will be the legacy we leave to posterity. One of a never ending desire to not only preserve the union but leave to posterity a better world in which to live.

Originally Posted by anonnymous

This is socialism for the rich at its best. In the last days of the bush presidency they are simply stealing our money and future at an unprecedented rate.

Bailout Failure and Investing in America's Future :: The Market Oracle :: Financial Markets Analysis & Forecasting Free Website

This belongs in the political sections not here.

Calling the bailout a Bush bailout is stupid. This is one of the most bi-partisan bills ever made.

And yes, as usual, government is allowing some people to steal other people's money. There is nothing new about that.

Using the one theft as an excuse to justify another one makes no sense.

The solution is to stop government from stealing. And since after 200 years we have been unable to stop them from stealing and since the amount of stealing just increases as the size of government increases it seems that the only way to reduce the stealing is to reduce the size of government.

Of course the "tax and spend" clause of the constitution was never intended to permit government to tax like it does nor to spend like it does. Prior to the 1900's every time the government tried to go beyond their limits the courts ruled what they did as unconstitutional. About that time the socialist party gained inroads in the U.S. and as a direct result of the socialists the 16th amendment was passed and now they can rob us as much as they want to and spend our money anyway they want to.

If you have a problem with how government takes your money or how they spend your money then perhaps you should defend the constitution.

At some point you have to be a realist. There is no significant support for a government small enough to stop the robbery, we'll never see it. While it's all fine and well to have impeachable ideals, you have to realize that refusing to ride a dirty ferry leaves you on the wrong shore. Someone's getting held up here, and it's about time it's not me.

Originally Posted by lakeman

This belongs in the political sections not here.
That is your opinion. Mine is since the link contains financial news and commentary I figured it best to post it in the economics section.
Calling the bailout a Bush bailout is stupid. This is one of the most bi-partisan bills ever made.
The bailout bill was created by his Secretary of the Treasury and bankers. Then it was presented to congress and under duress of martial law, which the congressional record shows, it was passed. Hence the term the Bush bailout.
And yes, as usual, government is allowing some people to steal other people's money. There is nothing new about that.
No that is not knew at all but if they intend on stealing to give to the rich and wall street than I would prefer that the ill gotten gains be given back to the people in a substantial way that promotes growth.
Using the one theft as an excuse to justify another one makes no sense.
To me it does if you are trying to repay the debts that the first theft created.
The solution is to stop government from stealing. And since after 200 years we have been unable to stop them from stealing and since the amount of stealing just increases as the size of government increases it seems that the only way to reduce the stealing is to reduce the size of government.
Agreed but since no one is capable of that the theft should be used to create a sustainable economy based on energy independence.
Of course the "tax and spend" clause of the constitution was never intended to permit government to tax like it does nor to spend like it does. Prior to the 1900's every time the government tried to go beyond their limits the courts ruled what they did as unconstitutional. About that time the socialist party gained inroads in the U.S. and as a direct result of the socialists the 16th amendment was passed and now they can rob us as much as they want to and spend our money anyway they want to.
I have long supported the repeal of the 16th but if we are to have socialism it must be for the middle class and not the upper class
If you have a problem with how government takes your money or how they spend your money then perhaps you should defend the constitution.
I have long supported the constitution but the powers that be do not see things as clearly as you and I. So, we are left to live within their ideas and actions. I would rather take each step one at a time for I know the great conflagration that can occur if men try and take what they want by force of arms.

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Originally Posted by Sparta

Someone's getting held up here, and it's about time it's not me.

You think Obies really not gonna increase your taxes, Sparta?

And not just income taxes. Seen his energy/environment policy?

It is going to get worse, not just for the rich, but for you as well.

I for one, plan to hammer our newly elected president and my reps at least once a week about undoing this travesty. Nag, nag, nag. That is my plan. I think we all should.

One thing about the dems getting so much control is that they need to know this isn't a permanent position for them. They can be voted out as easily as they were voted in if they start acting like Republicans or just assholes in general.

They need to be reminded of this continuously.

Originally Posted by Feslin

You think Obies really not gonna increase your taxes, Sparta?

And not just income taxes. Seen his energy/environment policy?

It is going to get worse, not just for the rich, but for you as well.

My taxes will go up a great deal. What happens under a democrat is business gets taxed to the point where it can't create new jobs, and sometimes it can't even sustain existing jobs. Government then sinks that money in to projects designed to create jobs, things like road projects and child care programs. I've protected myself as much as possible by paying myself a salary and hiding money in cash, but what I save won't compare to what I pay.

Originally Posted by Sparta

My taxes will go up a great deal. What happens under a democrat is business gets taxed to the point where it can't create new jobs, and sometimes it can't even sustain existing jobs. Government then sinks that money in to projects designed to create jobs, things like road projects and child care programs. I've protected myself as much as possible by paying myself a salary and hiding money in cash, but what I save won't compare to what I pay.

You must be doing pretty well, Sparta. In the market for a girlfriend?

Just kidding.

If I recall correctly your business has something to do with contracting from the government for transportation...?

I used to joke about my consignment stuff in the store when I sold things and got paid, I would say, "Gee, I should buy my own stuff, then I would make even more money!"

Paying higher taxes might be kind of like that for you. :dunno: