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#11
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OT - Failure of Society
On Jun 21, 8:18*pm, Tșm ShermȘn °_° ""twshermanREMOVE\"@THI
$southslope.net" wrote: But the catastrophe is not necessary - a one-time wealth tax on the super rich would fix the problem. But has zero chance of happening for a million other reasons you've mentioned. |
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#12
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OT - Failure of Society
"Ron Ruff" wrote in message
... On Jun 21, 11:29 am, Chalo wrote: That's not true. The super rich are not fairly taxed, and are not currently putting their fortunes to uses that benefit society as a whole. I think you are missing the point... paying down the debt will result in money being removed from the economy... at the time when we can least afford to do it. It would be very painful. I strongly suspect two things are going to happen before too long. We are indeed going to pay down the debt, but we are also going to raise taxes on the wealthy which will include the upper middle class, not just the super rich. If the economy suffers overall as a result, so be it! Better some pain than a total meltdown. Since I am as poor as a church mouse, it will not effect me. -- Ed Dolan the Great - Minnesota aka Saint Edward the Great - Order of the Perpetual Sorrows - Minnesota |
#13
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OT - Failure of Society
On 6/22/2011 12:09 AM, Edward Dolan wrote:
"Tïżœm Shermïżœn " wrote in message ... On 6/21/2011 1:19 PM, Edward Dolan wrote: wrote in message ... Ron Ruff wrote: The reason why Reagan, Bush I, and Bush II ran up huge deficits was because it does in fact boost the economy. Of course this is temporary. It's like putting extra spending money on the credit card. They did this to mask the fact that their socio-economic policies were gutting the middle class and ruining our economy. Then the pile of financial fraud (a separate issue) finally hit the fan in 2008... and because the debt was already so high, we have no effective response. Paying down the debt will further tank the economy... there is no way around it... we are damned either way. That's not true. The super rich are not fairly taxed, and are not currently putting their fortunes to uses that benefit society as a whole. The appearance of gratuitous, pointless financial derivatives like CDOs were naked evidence of two things: taxation of the ultra- wealthy was too low, and there were not enough disincentives for economically unproductive investments. The result was destructively rich people inventing destructive ways to try to multiply their already excessive fortunes-- and predictably, the crash that followed. Let us say all of the above is true. Have either the Dems or Repubs ever done anything to prevent any of it? I think not. [...] Both wings of the duopoly are primarily funded by the same Wall Street interests, so both fail to represent the people. Has it ever occurred to you that perhaps both the Repubs and the Dems represent the people perfectly? If you mean "the ten thousand or so richest families" by "the people", why yes. Without publicly funded elections and instant runoff voting, democracy is dead at the federal and state levels in the US. Democracy, like capitalism, is not perfect but it is still better than all other systems. Not for those who lust after power over others. -- TÂșm ShermÂȘn - 42.435731,-83.985007 I am a vehicular cyclist. |
#14
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OT - Failure of Society
On 6/22/2011 2:38 AM, Edward Dolan wrote:
"Ron wrote in message ... On Jun 21, 11:29 am, wrote: That's not true. The super rich are not fairly taxed, and are not currently putting their fortunes to uses that benefit society as a whole. I think you are missing the point... paying down the debt will result in money being removed from the economy... at the time when we can least afford to do it. It would be very painful. I strongly suspect two things are going to happen before too long. We are indeed going to pay down the debt, but we are also going to raise taxes on the wealthy which will include the upper middle class, not just the super rich. If the economy suffers overall as a result, so be it! Better some pain than a total meltdown. Since I am as poor as a church mouse, it will not effect me. Typical - the rich loot the treasury, and the working people pick up the tab. When the mainstream in the US finally admits that they have been "had", things will get ugly. -- TÂșm ShermÂȘn - 42.435731,-83.985007 I am a vehicular cyclist. |
#15
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OT - Failure of Society
"Tșm ShermȘn °_°" " wrote in message
... On 6/22/2011 12:09 AM, Edward Dolan wrote: [...] Has it ever occurred to you that perhaps both the Repubs and the Dems represent the people perfectly? If you mean "the ten thousand or so richest families" by "the people", why yes. Nope, I mean you and me! Without publicly funded elections and instant runoff voting, democracy is dead at the federal and state levels in the US. Democracy, like capitalism, is not perfect but it is still better than all other systems. Not for those who lust after power over others. You mean like you? -- Ed Dolan the Great - Minnesota aka Saint Edward the Great - Order of the Perpetual Sorrows - Minnesota |
#16
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OT - Failure of Society
"Tșm ShermȘn °_°" " wrote in message
... On 6/22/2011 2:38 AM, Edward Dolan wrote: [...] I strongly suspect two things are going to happen before too long. We are indeed going to pay down the debt, but we are also going to raise taxes on the wealthy which will include the upper middle class, not just the super rich. If the economy suffers overall as a result, so be it! Better some pain than a total meltdown. Since I am as poor as a church mouse, it will not effect me. Typical - the rich loot the treasury, and the working people pick up the tab. When the mainstream in the US finally admits that they have been "had", things will get ugly. The mainstream media will never desert Obama, the first Black president. It is just too, too politically correct! As for being had, everyone already knows that. Maybe your man Nader could do something about it? By the way, it is the job of the intellectual class (especially academics) to justify the ways of society to its members. Any other course is treasonous. -- Ed Dolan the Great - Minnesota aka Saint Edward the Great - Order of the Perpetual Sorrows - Minnesota |
#17
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OT - Failure of Society
On 6/24/2011 2:47 AM, Edward Dolan wrote:
"Tïżœm Shermïżœn " wrote in message ... On 6/22/2011 12:09 AM, Edward Dolan wrote: [...] Has it ever occurred to you that perhaps both the Repubs and the Dems represent the people perfectly? If you mean "the ten thousand or so richest families" by "the people", why yes. Nope, I mean you and me! Mr. Ed Dolan is either an fool or a troll. Without publicly funded elections and instant runoff voting, democracy is dead at the federal and state levels in the US. Democracy, like capitalism, is not perfect but it is still better than all other systems. Not for those who lust after power over others. You mean like you? Mr. Ed Dolan is either an fool or a troll. -- TÂșm ShermÂȘn - 42.435731,-83.985007 I am a vehicular cyclist. |
#18
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OT - Failure of Society
On 6/24/2011 2:55 AM, Edward Dolan wrote:
"Tïżœm Shermïżœn " wrote in message ... On 6/22/2011 2:38 AM, Edward Dolan wrote: [...] I strongly suspect two things are going to happen before too long. We are indeed going to pay down the debt, but we are also going to raise taxes on the wealthy which will include the upper middle class, not just the super rich. If the economy suffers overall as a result, so be it! Better some pain than a total meltdown. Since I am as poor as a church mouse, it will not effect me. Typical - the rich loot the treasury, and the working people pick up the tab. When the mainstream in the US finally admits that they have been "had", things will get ugly. The mainstream media will never desert Obama, the first Black president. It is just too, too politically correct! Mr. Ed Dolan is either an fool or a troll. As for being had, everyone already knows that. Maybe your man Nader could do something about it? It would take a President Nader, a truly progressive Congress, impeachment of the right-wing political activists on the Supreme Court, and the support of the people to change things. Recall the "Business Plot" to overthrow FDR and Congress in 1933 and install a fascist regime. By the way, it is the job of the intellectual class (especially academics) to justify the ways of society to its members. Any other course is treasonous. It is the moral imperative to speak truth to power. Doing otherwise is the worst form of moral prostitution. -- TÂșm ShermÂȘn - 42.435731,-83.985007 I am a vehicular cyclist. |
#19
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OT - Failure of Society
"Tșm ShermȘn °_°" " wrote in message
... On 6/24/2011 2:47 AM, Edward Dolan wrote: [...] Democracy, like capitalism, is not perfect but it is still better than all other systems. Not for those who lust after power over others. You mean like you? Mr. Ed Dolan is either an fool or a troll. Socialist-Communist societies are all about control by an elite over the masses. That is all you are about too, never realizing that you would not be of that elite. The only fool here is you. -- Ed Dolan the Great - Minnesota aka Saint Edward the Great - Order of the Perpetual Sorrows - Minnesota |
#20
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OT - Failure of Society
"Tșm ShermȘn °_°" " wrote in message
... On 6/24/2011 2:55 AM, Edward Dolan wrote: [...] The mainstream media will never desert Obama, the first Black president. It is just too, too politically correct! Mr. Ed Dolan is either an fool or a troll. The only fool here is you. As for being had, everyone already knows that. Maybe your man Nader could do something about it? It would take a President Nader, a truly progressive Congress, impeachment of the right-wing political activists on the Supreme Court, and the support of the people to change things. Recall the "Business Plot" to overthrow FDR and Congress in 1933 and install a fascist regime. In other words, your man Nader could never do **** about anything! **** that Asshole! By the way, it is the job of the intellectual class (especially academics) to justify the ways of society to its members. Any other course is treasonous. It is the moral imperative to speak truth to power. Doing otherwise is the worst form of moral prostitution. Nope, "truth" is always allusive and it is not the job of academic intellectuals to undermine whatever the society is paying them to do, i.e., educate the young in the ways of that particular social order. Sociology 101 -- Ed Dolan the Great - Minnesota aka Saint Edward the Great - Order of the Perpetual Sorrows - Minnesota |
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