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jpinpb
Participant[quote=pri_dk]
Since all computers are produced by private-sector companies and “capitalists,” perhaps you should stop using them.[/quote]I’d say they are probably “produced” by some underpaid worker in China. Too bad we are not producing them here, but that would be less money for the 1%.
ParticipantCAR – I’d go a step further and say the 1% is unproductive.
Participant[quote=sdduuuude]
So, people have to union together to ensure that they take more taxpayer money than corporations do. Got it.[/quote]You do have a way to twist things.
ParticipantLOL – They have to put the “KAPOW” in cartoonish bubbles like Batman.
ParticipantLOL. Funny. It was easier to trick people w/pretend money when their homes were ATMs
ParticipantAfter the last Republican debate, I can see a lot of people looking for alternatives.
ParticipantNowadays you gotta hunt for the made in the USA. It almost feels like victory when you do come across something made here.
Participant[quote=CA renter]We can choose to spend money back into the economy, and into the hands of the productive workers who form the foundation of the economic pyramid, or we can choose to allow a handful of people to hoard and control access to the world’s assets and resources — making the structure of the pyramid top-heavy and unstable.
The world is full of sociopathic megalomaniacs who seek out and take advantages of weaknesses in the system so that they can gain control of others. As you know, the consequences of this are rarely positive.
The ONLY way to prevent these people from getting into power is to keep the majority of power in the hands of the greatest possible number of people. Since money represents power, we must ensure that money is “spread out” (yep, I said it) and that the people always have the ability to rise up against the handful of people who are always looking for ways to “take over the world.”
Institutions (and individuals with massive amounts of wealth) will always have more power than ordinary workers, which is why workers need to work in unison to keep them in check.[/quote]
Great post.
ParticipantMeanwhile, B of A raised fees b/c they “need” money. B of A reports $6.2 BILLION profit in 3q
ParticipantAnd yet they still have millions to donate to political campaigns
ParticipantAnd with regard to public versus private money, Halliburton (private company) got a little bit of money from our taxpayers on a no-bid contract.
I think we can stop the private/public conversation now.
Participant[quote=AN]Why do you want them to fail after spending $700B+ on them? I haven’t heard any tax proposal of taxing wall street. I heard of taxing the “rich” though.[/quote]
Come on. The rich own Wall Street.Participant[quote=AN][quote=briansd1]It’s interesting that those who want be rich don’t support the Buffett Rule. But Warren Buffett himself supports the Buffett Rule. Who’s the better judge of fairness and equity here?[/quote]
No one is stopping them from giving their money to the government. Why does Buffet give his money to charity instead to the IRS? Why are they not leading my example to send checks to the IRS? They are also welcome to pay for all of their employee’s income tax too if they want. Everyone is equal judge of fairness and equity. Just because you make more money doesn’t mean your definition of fairness and equity is more valid.[/quote]True that no one is stopping him from paying extra, but why should he if the other rich people are not made to do so also. It is the principle.
[quote=briansd1]
Like Mitt Romney said, you can’t have simple solutions to complicated problems.
[/quote]
Election Day’s still 12 months and a couple of weeks away, too far from now for a lot of voters to be paying attention. But big campaign contributors surely are.The president’s already raised $90 million to keep his job. Republicans — with eight major candidates still in the running — have raised slightly less collectively, around $83 million.
It’s a truth of campaign finance that financial companies are big givers. And our Washington bureau chief John Dimsdale reports this year is no different.
John Dimsdale: Companies in the finance industry — including banks, insurance and real estate — have always been the biggest campaign contributors, ever since the Center for Responsive Politics began tracking donations by industry 20 years ago.
And it’s still true. So far this year, the finance industry or its employees have donated one in every 10 campaign dollars. In 2008, Barack Obama attracted almost 60 percent of the industry’s contributions. This year, the Center’s Michael Beckel reports a different trend.
Michael Beckel: All of the major financial players — Goldman Sachs, Morgan Stanley, JPMorgan Chase, Citigroup, Bank of America — Mitt Romney is their number one beneficiary this year across the board.
That may be in part because Romney is one of their own, having run a major private equity firm, Bain Capital.
Marketplace linkI think the banks won’t be taxed into failure. I’m thinking they have a little spare money. Especially B of A. Didn’t they just raise fees on ATM cards?
ParticipantI hope you don’t mind I linked this to the contractors thread. Hopefully we can get a name of someone who is good at this.
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