The Top .1%

The Top .1%

Postby DazedandConfused » Sun Nov 20, 2011 7:38 pm

A party that supports the Top .1% over 99.99% of the population is impossibly out of touch with reality.
http://news.yahoo.com/top-0-1-nation-ea ... 47859.html

I can't stand Obama, but I sure as hell can't ignore this and call it capitalism.
"The whole reason welfare and foodstamps exist, is so those that are receiving won't be rioting in the street,
and breaking into our houses and killing us to get what they want." UCanIt
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Re: The Top .1%

Postby ucanit » Mon Nov 21, 2011 8:13 am

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Re: The Top .1%

Postby DazedandConfused » Mon Nov 21, 2011 8:57 am

Just because it is an old debate does not mean it is right.
"The whole reason welfare and foodstamps exist, is so those that are receiving won't be rioting in the street,
and breaking into our houses and killing us to get what they want." UCanIt
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Re: The Top .1%

Postby WindowMan » Mon Nov 21, 2011 8:11 pm

We cannot solve our problems with the same thinking we used when we created them.
Albert Einstein
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Re: The Top .1%

Postby ucanit » Tue Nov 22, 2011 9:34 am

It does not surprise me one bit that you would support Keynesianism, WindowMan...despite the number of times it has been proven wrong. But, government controlled economy is your mantra...in fact, you want government to control everything. The only thing is that government control ALWAYs leads to higher taxes, deficit spending and eventual higher and higher interest rates. All those things really add quality to your life, don't they? :?

In contrast with your opinioned article writer from Anarcho (which I'm sure you took the time to find out stands for "Anarchist Writers" ...NOT!!!!); Wiki says "Keynesianism contrasts with the classical and neoclassical economic analysis of fiscal policy. Fiscal stimulus (deficit spending) could actuate production. But, there was no reason to believe that this stimulation would outrun the side-effects that "crowd out" private investment: first, it would increase the demand for labor and raise wages, hurting profitability; Second, a government deficit increases the stock of government bonds, reducing their market price and encouraging high interest rates, making it more expensive for business to finance fixed investment. Thus, efforts to stimulate the economy would be self-defeating." :shock:
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Re: The Top .1%

Postby keepitreal » Tue Nov 22, 2011 12:02 pm

The system is broken...and everyone is trying to use the system and our Government for their own personal gain. Give me an alternative viable candidate...and I'll vote for them. ;)
Tax and Spend I can understand. I can even understand Borrow and Spend. But Borrow and give Billionaires tax cuts? That I have a problem with.
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Re: The Top .1%

Postby WindowMan » Tue Nov 22, 2011 12:32 pm

From the article..

as a right-wing "libertarian" Friedman had little idea of what freedom was. His policies always has the effect of increasing the power of the boss over his wage slaves. Which made his contrast (in Capitalism and Freedom) between "central planning involving the use of coercion - the technique of the army or the modern totalitarian state" with "voluntary co-operation between individuals - the technique of the marketplace" as two distinct ways of co-ordinating the economic activity of large groups ("millions") of people so ironic. The capitalist workplace is structured in a hierarchical way and is based on top-down "central planning." Workers are paid to obey within a totalitarian structure in which "voluntary co-operation" between workers (i.e. joining a union) is subject to "the use of coercion" (the threat of being fired). But, then again, right-wingers like Friedman are not interested in genuine economic liberty but rather seek to bolster the power of the boss.

Sounds logical to me.. ;) Maybe that you seem to be a Friedman diciple it is why your against the OWS protestors? Thats alright ucanit, you can lecture me all you want but it will not move my opinion as I cannot move yours.. ;)
We cannot solve our problems with the same thinking we used when we created them.
Albert Einstein
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Re: The Top .1%

Postby keepitreal » Tue Nov 22, 2011 3:11 pm

You know...to be honest, I don't think there's ANYONE on here who is anti-capitalist...as well as socialist, keynesian, marxist or any other blanket label you want to throw around.

I do believe though, that while supporting capitalism and a free market system...there are those of us who also oppose what's being perceived as a "free-for-all" when it comes to reductions in wages, benefits and hours, in the name of increased profits, wages and benefits of a select few...

...and I also believe that this was the underlying principle behind the OWS movement...no matter what it's morphed into now...that it isn't right to have bailed out Wall Street and financial sector greed and then have them give it away in bonuses for a job well done, or sit on it and not lend it back out again. :roll:
Tax and Spend I can understand. I can even understand Borrow and Spend. But Borrow and give Billionaires tax cuts? That I have a problem with.
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Re: The Top .1%

Postby DazedandConfused » Tue Nov 22, 2011 9:03 pm

It is quite simple, the definition of Capitalism has been distorted to equal avarice. We are not discussing capitalism, we are arguing a distorted definition that has been bought by many people because of silver tongued radio DJs :roll:
"The whole reason welfare and foodstamps exist, is so those that are receiving won't be rioting in the street,
and breaking into our houses and killing us to get what they want." UCanIt
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Re: The Top .1%

Postby keepitreal » Wed Nov 23, 2011 12:07 pm

I agree...and as dangerous as unchecked Socialism can be to our Country...so to is unchecked Capitalism...
Tax and Spend I can understand. I can even understand Borrow and Spend. But Borrow and give Billionaires tax cuts? That I have a problem with.
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