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  • January 17, 2008 at 5:12 PM #137860
    meadandale
    Participant

    I find it amusing that most of the people who want to tax wealth don’t have any, just like most of the people who want to eliminate prop 13 don’t actually own property.

    January 17, 2008 at 5:27 PM #137561
    robson
    Participant

    drunkle that’s a good point. Extending it, I think it begs the question, even if something IS technically legal, if you know it’s morally wrong or deceitful, should you partake? Sure, you can rationalize that it’s ok because everyone else is doing it and the system is corrupt and you’d be a fool not to join in the corruption. But this is the same rationale that led to the housing problem. It’s human nature to play the system and I don’t fault anyone for that, I just think discussion of how to minimize the corruption is worthwhile, even if it is a bit idealistic.

    January 17, 2008 at 5:27 PM #137767
    robson
    Participant

    drunkle that’s a good point. Extending it, I think it begs the question, even if something IS technically legal, if you know it’s morally wrong or deceitful, should you partake? Sure, you can rationalize that it’s ok because everyone else is doing it and the system is corrupt and you’d be a fool not to join in the corruption. But this is the same rationale that led to the housing problem. It’s human nature to play the system and I don’t fault anyone for that, I just think discussion of how to minimize the corruption is worthwhile, even if it is a bit idealistic.

    January 17, 2008 at 5:27 PM #137796
    robson
    Participant

    drunkle that’s a good point. Extending it, I think it begs the question, even if something IS technically legal, if you know it’s morally wrong or deceitful, should you partake? Sure, you can rationalize that it’s ok because everyone else is doing it and the system is corrupt and you’d be a fool not to join in the corruption. But this is the same rationale that led to the housing problem. It’s human nature to play the system and I don’t fault anyone for that, I just think discussion of how to minimize the corruption is worthwhile, even if it is a bit idealistic.

    January 17, 2008 at 5:27 PM #137823
    robson
    Participant

    drunkle that’s a good point. Extending it, I think it begs the question, even if something IS technically legal, if you know it’s morally wrong or deceitful, should you partake? Sure, you can rationalize that it’s ok because everyone else is doing it and the system is corrupt and you’d be a fool not to join in the corruption. But this is the same rationale that led to the housing problem. It’s human nature to play the system and I don’t fault anyone for that, I just think discussion of how to minimize the corruption is worthwhile, even if it is a bit idealistic.

    January 17, 2008 at 5:27 PM #137865
    robson
    Participant

    drunkle that’s a good point. Extending it, I think it begs the question, even if something IS technically legal, if you know it’s morally wrong or deceitful, should you partake? Sure, you can rationalize that it’s ok because everyone else is doing it and the system is corrupt and you’d be a fool not to join in the corruption. But this is the same rationale that led to the housing problem. It’s human nature to play the system and I don’t fault anyone for that, I just think discussion of how to minimize the corruption is worthwhile, even if it is a bit idealistic.

    January 17, 2008 at 6:30 PM #137571
    drunkle
    Participant

    robson:

    the energy market is a perfect example. oil companies get a subsidy (tax breaks and such), one that was initially created to encourage oil exploration. now, the world runs on oil, oil companies make billions of dollars and yet they still get subsidized. now, to make it “fair” for alternatives, they too get a subsidy…

    like… wtf! same thing for gamblers… cough, “investors”. meanwhile, market manipulation runs rampant…

    boa’s tax benefits may turn out to be godly… countrywide losses over ~1.35 billion are eligible for unlimited tax write offs… considering the massive amount of mortgage losses countrywide may take, the 4 bil purchase price could be the greatest deal of the century.

    January 17, 2008 at 6:30 PM #137777
    drunkle
    Participant

    robson:

    the energy market is a perfect example. oil companies get a subsidy (tax breaks and such), one that was initially created to encourage oil exploration. now, the world runs on oil, oil companies make billions of dollars and yet they still get subsidized. now, to make it “fair” for alternatives, they too get a subsidy…

    like… wtf! same thing for gamblers… cough, “investors”. meanwhile, market manipulation runs rampant…

    boa’s tax benefits may turn out to be godly… countrywide losses over ~1.35 billion are eligible for unlimited tax write offs… considering the massive amount of mortgage losses countrywide may take, the 4 bil purchase price could be the greatest deal of the century.

    January 17, 2008 at 6:30 PM #137806
    drunkle
    Participant

    robson:

    the energy market is a perfect example. oil companies get a subsidy (tax breaks and such), one that was initially created to encourage oil exploration. now, the world runs on oil, oil companies make billions of dollars and yet they still get subsidized. now, to make it “fair” for alternatives, they too get a subsidy…

    like… wtf! same thing for gamblers… cough, “investors”. meanwhile, market manipulation runs rampant…

    boa’s tax benefits may turn out to be godly… countrywide losses over ~1.35 billion are eligible for unlimited tax write offs… considering the massive amount of mortgage losses countrywide may take, the 4 bil purchase price could be the greatest deal of the century.

    January 17, 2008 at 6:30 PM #137832
    drunkle
    Participant

    robson:

    the energy market is a perfect example. oil companies get a subsidy (tax breaks and such), one that was initially created to encourage oil exploration. now, the world runs on oil, oil companies make billions of dollars and yet they still get subsidized. now, to make it “fair” for alternatives, they too get a subsidy…

    like… wtf! same thing for gamblers… cough, “investors”. meanwhile, market manipulation runs rampant…

    boa’s tax benefits may turn out to be godly… countrywide losses over ~1.35 billion are eligible for unlimited tax write offs… considering the massive amount of mortgage losses countrywide may take, the 4 bil purchase price could be the greatest deal of the century.

    January 17, 2008 at 6:30 PM #137875
    drunkle
    Participant

    robson:

    the energy market is a perfect example. oil companies get a subsidy (tax breaks and such), one that was initially created to encourage oil exploration. now, the world runs on oil, oil companies make billions of dollars and yet they still get subsidized. now, to make it “fair” for alternatives, they too get a subsidy…

    like… wtf! same thing for gamblers… cough, “investors”. meanwhile, market manipulation runs rampant…

    boa’s tax benefits may turn out to be godly… countrywide losses over ~1.35 billion are eligible for unlimited tax write offs… considering the massive amount of mortgage losses countrywide may take, the 4 bil purchase price could be the greatest deal of the century.

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