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March 15, 2011 at 5:37 PM #678411March 15, 2011 at 5:44 PM #677271CA renterParticipant
[quote=briansd1][quote=jpinpb]
I think you have it backwards, brian. Wall Street has been relying on us. They made money off our stupidity and they are being bailed out by the taxpayers while cuts are made.
[/quote]Ok. That’s where we differ.
As a society, we greatly benefited from Wall Street. Without Wall Street and the lending they created, our economy would have been a fraction of what it is now.
Without credit cards, retailers would suffer, restaurants would close and the economy wouldn’t be as vibrant.
Without Wall Street, America would not be the capitalist society it is today.
BTW, CA renter complains about the 7%-9% annual returns that Wall Street did not deliver, but she forgot that relying on those returns allowed the compensation largesse to begin with.
Another thing that CA renter did not address is layoffs. As she admitted before, the revenue of the bubble years, combined with anticipated returns on investments allowed state and local governments to go on a spending binge (government spending grew much faster than population and inflation).
How about rolling back spending to the pre-bubble years and mandating that government spending not increase faster than population growth + inflation?[/quote]
Brian,
When you’re talking about debt used for consumption, all they’ve done is pulled demand forward, and made it more expensive to pay for things. They have done us NO favors by forcing people into debt in order to survive. Those of us who try to live without debt are forced to pay higher prices because we’re competing with idiots who don’t understand that buying a hamburger today for $1.00 means paying $1.25 in the future, while still needing to buy more burgers in the meantime.
If “capitalism” means we’re all deep in debt, and will have to dedicate the majority of the fruits of our labor to the most wealthy people in this country (who all own private jets, multiple mansions, yachts, and can go on exotic vacations every month while J6 struggles to feed his family); sitting in the middle of a pile of cheap, toxic, plastic crap from China; losing good jobs in favor of minimum-wage-paying retail jobs; being unable to provide for ourselves in an emergency because we’ve emptied our factories and rendered our working people useless…give me socialism any day.
March 15, 2011 at 5:44 PM #677329CA renterParticipant[quote=briansd1][quote=jpinpb]
I think you have it backwards, brian. Wall Street has been relying on us. They made money off our stupidity and they are being bailed out by the taxpayers while cuts are made.
[/quote]Ok. That’s where we differ.
As a society, we greatly benefited from Wall Street. Without Wall Street and the lending they created, our economy would have been a fraction of what it is now.
Without credit cards, retailers would suffer, restaurants would close and the economy wouldn’t be as vibrant.
Without Wall Street, America would not be the capitalist society it is today.
BTW, CA renter complains about the 7%-9% annual returns that Wall Street did not deliver, but she forgot that relying on those returns allowed the compensation largesse to begin with.
Another thing that CA renter did not address is layoffs. As she admitted before, the revenue of the bubble years, combined with anticipated returns on investments allowed state and local governments to go on a spending binge (government spending grew much faster than population and inflation).
How about rolling back spending to the pre-bubble years and mandating that government spending not increase faster than population growth + inflation?[/quote]
Brian,
When you’re talking about debt used for consumption, all they’ve done is pulled demand forward, and made it more expensive to pay for things. They have done us NO favors by forcing people into debt in order to survive. Those of us who try to live without debt are forced to pay higher prices because we’re competing with idiots who don’t understand that buying a hamburger today for $1.00 means paying $1.25 in the future, while still needing to buy more burgers in the meantime.
If “capitalism” means we’re all deep in debt, and will have to dedicate the majority of the fruits of our labor to the most wealthy people in this country (who all own private jets, multiple mansions, yachts, and can go on exotic vacations every month while J6 struggles to feed his family); sitting in the middle of a pile of cheap, toxic, plastic crap from China; losing good jobs in favor of minimum-wage-paying retail jobs; being unable to provide for ourselves in an emergency because we’ve emptied our factories and rendered our working people useless…give me socialism any day.
March 15, 2011 at 5:44 PM #677936CA renterParticipant[quote=briansd1][quote=jpinpb]
I think you have it backwards, brian. Wall Street has been relying on us. They made money off our stupidity and they are being bailed out by the taxpayers while cuts are made.
[/quote]Ok. That’s where we differ.
As a society, we greatly benefited from Wall Street. Without Wall Street and the lending they created, our economy would have been a fraction of what it is now.
Without credit cards, retailers would suffer, restaurants would close and the economy wouldn’t be as vibrant.
Without Wall Street, America would not be the capitalist society it is today.
BTW, CA renter complains about the 7%-9% annual returns that Wall Street did not deliver, but she forgot that relying on those returns allowed the compensation largesse to begin with.
Another thing that CA renter did not address is layoffs. As she admitted before, the revenue of the bubble years, combined with anticipated returns on investments allowed state and local governments to go on a spending binge (government spending grew much faster than population and inflation).
How about rolling back spending to the pre-bubble years and mandating that government spending not increase faster than population growth + inflation?[/quote]
Brian,
When you’re talking about debt used for consumption, all they’ve done is pulled demand forward, and made it more expensive to pay for things. They have done us NO favors by forcing people into debt in order to survive. Those of us who try to live without debt are forced to pay higher prices because we’re competing with idiots who don’t understand that buying a hamburger today for $1.00 means paying $1.25 in the future, while still needing to buy more burgers in the meantime.
If “capitalism” means we’re all deep in debt, and will have to dedicate the majority of the fruits of our labor to the most wealthy people in this country (who all own private jets, multiple mansions, yachts, and can go on exotic vacations every month while J6 struggles to feed his family); sitting in the middle of a pile of cheap, toxic, plastic crap from China; losing good jobs in favor of minimum-wage-paying retail jobs; being unable to provide for ourselves in an emergency because we’ve emptied our factories and rendered our working people useless…give me socialism any day.
March 15, 2011 at 5:44 PM #678074CA renterParticipant[quote=briansd1][quote=jpinpb]
I think you have it backwards, brian. Wall Street has been relying on us. They made money off our stupidity and they are being bailed out by the taxpayers while cuts are made.
[/quote]Ok. That’s where we differ.
As a society, we greatly benefited from Wall Street. Without Wall Street and the lending they created, our economy would have been a fraction of what it is now.
Without credit cards, retailers would suffer, restaurants would close and the economy wouldn’t be as vibrant.
Without Wall Street, America would not be the capitalist society it is today.
BTW, CA renter complains about the 7%-9% annual returns that Wall Street did not deliver, but she forgot that relying on those returns allowed the compensation largesse to begin with.
Another thing that CA renter did not address is layoffs. As she admitted before, the revenue of the bubble years, combined with anticipated returns on investments allowed state and local governments to go on a spending binge (government spending grew much faster than population and inflation).
How about rolling back spending to the pre-bubble years and mandating that government spending not increase faster than population growth + inflation?[/quote]
Brian,
When you’re talking about debt used for consumption, all they’ve done is pulled demand forward, and made it more expensive to pay for things. They have done us NO favors by forcing people into debt in order to survive. Those of us who try to live without debt are forced to pay higher prices because we’re competing with idiots who don’t understand that buying a hamburger today for $1.00 means paying $1.25 in the future, while still needing to buy more burgers in the meantime.
If “capitalism” means we’re all deep in debt, and will have to dedicate the majority of the fruits of our labor to the most wealthy people in this country (who all own private jets, multiple mansions, yachts, and can go on exotic vacations every month while J6 struggles to feed his family); sitting in the middle of a pile of cheap, toxic, plastic crap from China; losing good jobs in favor of minimum-wage-paying retail jobs; being unable to provide for ourselves in an emergency because we’ve emptied our factories and rendered our working people useless…give me socialism any day.
March 15, 2011 at 5:44 PM #678415CA renterParticipant[quote=briansd1][quote=jpinpb]
I think you have it backwards, brian. Wall Street has been relying on us. They made money off our stupidity and they are being bailed out by the taxpayers while cuts are made.
[/quote]Ok. That’s where we differ.
As a society, we greatly benefited from Wall Street. Without Wall Street and the lending they created, our economy would have been a fraction of what it is now.
Without credit cards, retailers would suffer, restaurants would close and the economy wouldn’t be as vibrant.
Without Wall Street, America would not be the capitalist society it is today.
BTW, CA renter complains about the 7%-9% annual returns that Wall Street did not deliver, but she forgot that relying on those returns allowed the compensation largesse to begin with.
Another thing that CA renter did not address is layoffs. As she admitted before, the revenue of the bubble years, combined with anticipated returns on investments allowed state and local governments to go on a spending binge (government spending grew much faster than population and inflation).
How about rolling back spending to the pre-bubble years and mandating that government spending not increase faster than population growth + inflation?[/quote]
Brian,
When you’re talking about debt used for consumption, all they’ve done is pulled demand forward, and made it more expensive to pay for things. They have done us NO favors by forcing people into debt in order to survive. Those of us who try to live without debt are forced to pay higher prices because we’re competing with idiots who don’t understand that buying a hamburger today for $1.00 means paying $1.25 in the future, while still needing to buy more burgers in the meantime.
If “capitalism” means we’re all deep in debt, and will have to dedicate the majority of the fruits of our labor to the most wealthy people in this country (who all own private jets, multiple mansions, yachts, and can go on exotic vacations every month while J6 struggles to feed his family); sitting in the middle of a pile of cheap, toxic, plastic crap from China; losing good jobs in favor of minimum-wage-paying retail jobs; being unable to provide for ourselves in an emergency because we’ve emptied our factories and rendered our working people useless…give me socialism any day.
March 15, 2011 at 6:13 PM #677276CA renterParticipant[quote=briansd1]CA renter, assuming your solutions will work, they will take time to implement.
What do we do in the mean time? The budget needs to be balance right now.[/quote]
All solutions will take time to implement. If the “emergency” is dire enough to void contracts with employees, then it’s dire enough to immediately make the changes I’ve recommended above.
[quote=briansd1]Also your solution might work for California, but what about other states that have huge deficits also?[/quote]
I’d be happy to visit each state and see what I can do. π
Actually, I think it only requires minor tweaking in many cases. In Wisconsin, it’s my understanding that the entire “deficit” is due to recent tax cuts. Reverse those, and the “budget crisis” is fixed.
[quote=briansd1]BTW, you California solutions includes tax increases. And how do you charge employers for the costs of immigration? That would be a Federal thing so the State would not get the revenue.[/quote]
Prop 13 was sold as a way to “keep granny from being taxed out of her home.” I’m all for it as far as a SINGLE, PRIMARY RESIDENCE goes, and I even favor it for a single commercial building (possibly, some size exemptions, but not sure about that).
Prop 13 would never have passed if it was sold as a way to increase investors’/landlords’ profit margins, nor if it were proposed as a way to keep property taxes down for people who have “vacation homes” in California (displacing local workers and residents). Not a chance.
Also, there is no reason for taxpayers to subsidize corporations/LLCs who don’t want to pay taxes on the value at which they bought the property.
It’s not a tax increase as much as it’s the removal of a tax subsidy that should never have been there in the first place.
As for enforcing the rule requiring employers to pay for their “illegal” labor force, we have E-Verify, already:
If an applicant isn’t here legally, they have to list their dependents, and a set fee (paid monthly by the employer) will be required in order to pay for these dependents. The dependents get a number that enables them to attend public schools, use hospitals, etc. All public institutions would be required to demand proof of citizenship, legal residency, or “dependent status” (via the number/I.D. — can use fingerprint or iris scan for verification) of one of these workers.
We wouldn’t be enforcing federal law, as we’re not deporting anyone or dealing with border issues. We’d just be making sure that the responsible parties are the ones paying for it. All costs associated with this program would be factored into this “fee” the employers would have to pay for dependents.
[quote=briansd1]And do you propose discriminating against certain American citizens because their parents are/were unauthorized immigrants? That’s not the American way.[/quote]
The “American Way” does not include rewarding criminal behavior. Rewarding criminal behavior begets more criminal behavior, so it needs to stop.
My mother was an immigrant, so it’s not about “immigrant-bashing.” It’s about making sure we don’t take on more than we can handle, and ensuring the well-being of our citizens before taking on the burdens of others. I know you have a more “global” approach, and that’s fine. We just disagree.
March 15, 2011 at 6:13 PM #677334CA renterParticipant[quote=briansd1]CA renter, assuming your solutions will work, they will take time to implement.
What do we do in the mean time? The budget needs to be balance right now.[/quote]
All solutions will take time to implement. If the “emergency” is dire enough to void contracts with employees, then it’s dire enough to immediately make the changes I’ve recommended above.
[quote=briansd1]Also your solution might work for California, but what about other states that have huge deficits also?[/quote]
I’d be happy to visit each state and see what I can do. π
Actually, I think it only requires minor tweaking in many cases. In Wisconsin, it’s my understanding that the entire “deficit” is due to recent tax cuts. Reverse those, and the “budget crisis” is fixed.
[quote=briansd1]BTW, you California solutions includes tax increases. And how do you charge employers for the costs of immigration? That would be a Federal thing so the State would not get the revenue.[/quote]
Prop 13 was sold as a way to “keep granny from being taxed out of her home.” I’m all for it as far as a SINGLE, PRIMARY RESIDENCE goes, and I even favor it for a single commercial building (possibly, some size exemptions, but not sure about that).
Prop 13 would never have passed if it was sold as a way to increase investors’/landlords’ profit margins, nor if it were proposed as a way to keep property taxes down for people who have “vacation homes” in California (displacing local workers and residents). Not a chance.
Also, there is no reason for taxpayers to subsidize corporations/LLCs who don’t want to pay taxes on the value at which they bought the property.
It’s not a tax increase as much as it’s the removal of a tax subsidy that should never have been there in the first place.
As for enforcing the rule requiring employers to pay for their “illegal” labor force, we have E-Verify, already:
If an applicant isn’t here legally, they have to list their dependents, and a set fee (paid monthly by the employer) will be required in order to pay for these dependents. The dependents get a number that enables them to attend public schools, use hospitals, etc. All public institutions would be required to demand proof of citizenship, legal residency, or “dependent status” (via the number/I.D. — can use fingerprint or iris scan for verification) of one of these workers.
We wouldn’t be enforcing federal law, as we’re not deporting anyone or dealing with border issues. We’d just be making sure that the responsible parties are the ones paying for it. All costs associated with this program would be factored into this “fee” the employers would have to pay for dependents.
[quote=briansd1]And do you propose discriminating against certain American citizens because their parents are/were unauthorized immigrants? That’s not the American way.[/quote]
The “American Way” does not include rewarding criminal behavior. Rewarding criminal behavior begets more criminal behavior, so it needs to stop.
My mother was an immigrant, so it’s not about “immigrant-bashing.” It’s about making sure we don’t take on more than we can handle, and ensuring the well-being of our citizens before taking on the burdens of others. I know you have a more “global” approach, and that’s fine. We just disagree.
March 15, 2011 at 6:13 PM #677941CA renterParticipant[quote=briansd1]CA renter, assuming your solutions will work, they will take time to implement.
What do we do in the mean time? The budget needs to be balance right now.[/quote]
All solutions will take time to implement. If the “emergency” is dire enough to void contracts with employees, then it’s dire enough to immediately make the changes I’ve recommended above.
[quote=briansd1]Also your solution might work for California, but what about other states that have huge deficits also?[/quote]
I’d be happy to visit each state and see what I can do. π
Actually, I think it only requires minor tweaking in many cases. In Wisconsin, it’s my understanding that the entire “deficit” is due to recent tax cuts. Reverse those, and the “budget crisis” is fixed.
[quote=briansd1]BTW, you California solutions includes tax increases. And how do you charge employers for the costs of immigration? That would be a Federal thing so the State would not get the revenue.[/quote]
Prop 13 was sold as a way to “keep granny from being taxed out of her home.” I’m all for it as far as a SINGLE, PRIMARY RESIDENCE goes, and I even favor it for a single commercial building (possibly, some size exemptions, but not sure about that).
Prop 13 would never have passed if it was sold as a way to increase investors’/landlords’ profit margins, nor if it were proposed as a way to keep property taxes down for people who have “vacation homes” in California (displacing local workers and residents). Not a chance.
Also, there is no reason for taxpayers to subsidize corporations/LLCs who don’t want to pay taxes on the value at which they bought the property.
It’s not a tax increase as much as it’s the removal of a tax subsidy that should never have been there in the first place.
As for enforcing the rule requiring employers to pay for their “illegal” labor force, we have E-Verify, already:
If an applicant isn’t here legally, they have to list their dependents, and a set fee (paid monthly by the employer) will be required in order to pay for these dependents. The dependents get a number that enables them to attend public schools, use hospitals, etc. All public institutions would be required to demand proof of citizenship, legal residency, or “dependent status” (via the number/I.D. — can use fingerprint or iris scan for verification) of one of these workers.
We wouldn’t be enforcing federal law, as we’re not deporting anyone or dealing with border issues. We’d just be making sure that the responsible parties are the ones paying for it. All costs associated with this program would be factored into this “fee” the employers would have to pay for dependents.
[quote=briansd1]And do you propose discriminating against certain American citizens because their parents are/were unauthorized immigrants? That’s not the American way.[/quote]
The “American Way” does not include rewarding criminal behavior. Rewarding criminal behavior begets more criminal behavior, so it needs to stop.
My mother was an immigrant, so it’s not about “immigrant-bashing.” It’s about making sure we don’t take on more than we can handle, and ensuring the well-being of our citizens before taking on the burdens of others. I know you have a more “global” approach, and that’s fine. We just disagree.
March 15, 2011 at 6:13 PM #678079CA renterParticipant[quote=briansd1]CA renter, assuming your solutions will work, they will take time to implement.
What do we do in the mean time? The budget needs to be balance right now.[/quote]
All solutions will take time to implement. If the “emergency” is dire enough to void contracts with employees, then it’s dire enough to immediately make the changes I’ve recommended above.
[quote=briansd1]Also your solution might work for California, but what about other states that have huge deficits also?[/quote]
I’d be happy to visit each state and see what I can do. π
Actually, I think it only requires minor tweaking in many cases. In Wisconsin, it’s my understanding that the entire “deficit” is due to recent tax cuts. Reverse those, and the “budget crisis” is fixed.
[quote=briansd1]BTW, you California solutions includes tax increases. And how do you charge employers for the costs of immigration? That would be a Federal thing so the State would not get the revenue.[/quote]
Prop 13 was sold as a way to “keep granny from being taxed out of her home.” I’m all for it as far as a SINGLE, PRIMARY RESIDENCE goes, and I even favor it for a single commercial building (possibly, some size exemptions, but not sure about that).
Prop 13 would never have passed if it was sold as a way to increase investors’/landlords’ profit margins, nor if it were proposed as a way to keep property taxes down for people who have “vacation homes” in California (displacing local workers and residents). Not a chance.
Also, there is no reason for taxpayers to subsidize corporations/LLCs who don’t want to pay taxes on the value at which they bought the property.
It’s not a tax increase as much as it’s the removal of a tax subsidy that should never have been there in the first place.
As for enforcing the rule requiring employers to pay for their “illegal” labor force, we have E-Verify, already:
If an applicant isn’t here legally, they have to list their dependents, and a set fee (paid monthly by the employer) will be required in order to pay for these dependents. The dependents get a number that enables them to attend public schools, use hospitals, etc. All public institutions would be required to demand proof of citizenship, legal residency, or “dependent status” (via the number/I.D. — can use fingerprint or iris scan for verification) of one of these workers.
We wouldn’t be enforcing federal law, as we’re not deporting anyone or dealing with border issues. We’d just be making sure that the responsible parties are the ones paying for it. All costs associated with this program would be factored into this “fee” the employers would have to pay for dependents.
[quote=briansd1]And do you propose discriminating against certain American citizens because their parents are/were unauthorized immigrants? That’s not the American way.[/quote]
The “American Way” does not include rewarding criminal behavior. Rewarding criminal behavior begets more criminal behavior, so it needs to stop.
My mother was an immigrant, so it’s not about “immigrant-bashing.” It’s about making sure we don’t take on more than we can handle, and ensuring the well-being of our citizens before taking on the burdens of others. I know you have a more “global” approach, and that’s fine. We just disagree.
March 15, 2011 at 6:13 PM #678420CA renterParticipant[quote=briansd1]CA renter, assuming your solutions will work, they will take time to implement.
What do we do in the mean time? The budget needs to be balance right now.[/quote]
All solutions will take time to implement. If the “emergency” is dire enough to void contracts with employees, then it’s dire enough to immediately make the changes I’ve recommended above.
[quote=briansd1]Also your solution might work for California, but what about other states that have huge deficits also?[/quote]
I’d be happy to visit each state and see what I can do. π
Actually, I think it only requires minor tweaking in many cases. In Wisconsin, it’s my understanding that the entire “deficit” is due to recent tax cuts. Reverse those, and the “budget crisis” is fixed.
[quote=briansd1]BTW, you California solutions includes tax increases. And how do you charge employers for the costs of immigration? That would be a Federal thing so the State would not get the revenue.[/quote]
Prop 13 was sold as a way to “keep granny from being taxed out of her home.” I’m all for it as far as a SINGLE, PRIMARY RESIDENCE goes, and I even favor it for a single commercial building (possibly, some size exemptions, but not sure about that).
Prop 13 would never have passed if it was sold as a way to increase investors’/landlords’ profit margins, nor if it were proposed as a way to keep property taxes down for people who have “vacation homes” in California (displacing local workers and residents). Not a chance.
Also, there is no reason for taxpayers to subsidize corporations/LLCs who don’t want to pay taxes on the value at which they bought the property.
It’s not a tax increase as much as it’s the removal of a tax subsidy that should never have been there in the first place.
As for enforcing the rule requiring employers to pay for their “illegal” labor force, we have E-Verify, already:
If an applicant isn’t here legally, they have to list their dependents, and a set fee (paid monthly by the employer) will be required in order to pay for these dependents. The dependents get a number that enables them to attend public schools, use hospitals, etc. All public institutions would be required to demand proof of citizenship, legal residency, or “dependent status” (via the number/I.D. — can use fingerprint or iris scan for verification) of one of these workers.
We wouldn’t be enforcing federal law, as we’re not deporting anyone or dealing with border issues. We’d just be making sure that the responsible parties are the ones paying for it. All costs associated with this program would be factored into this “fee” the employers would have to pay for dependents.
[quote=briansd1]And do you propose discriminating against certain American citizens because their parents are/were unauthorized immigrants? That’s not the American way.[/quote]
The “American Way” does not include rewarding criminal behavior. Rewarding criminal behavior begets more criminal behavior, so it needs to stop.
My mother was an immigrant, so it’s not about “immigrant-bashing.” It’s about making sure we don’t take on more than we can handle, and ensuring the well-being of our citizens before taking on the burdens of others. I know you have a more “global” approach, and that’s fine. We just disagree.
March 15, 2011 at 6:22 PM #677281jpinpbParticipantCAR – when are you running? You have my vote. At a minimum, maybe you can make a trip to Sacramento and offer your input free of charge. I think Jerry might listen.
March 15, 2011 at 6:22 PM #677339jpinpbParticipantCAR – when are you running? You have my vote. At a minimum, maybe you can make a trip to Sacramento and offer your input free of charge. I think Jerry might listen.
March 15, 2011 at 6:22 PM #677947jpinpbParticipantCAR – when are you running? You have my vote. At a minimum, maybe you can make a trip to Sacramento and offer your input free of charge. I think Jerry might listen.
March 15, 2011 at 6:22 PM #678084jpinpbParticipantCAR – when are you running? You have my vote. At a minimum, maybe you can make a trip to Sacramento and offer your input free of charge. I think Jerry might listen.
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