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Is it fair to talk about wealth? Is there a way to have a discussion

888888

Council Member
With 15% of the population able to own 93% of everything, is it unfair to look at how this is happening? What policies our government has in place that allows this to happen, and is it fair.
What tax on income has done for the middle class wages vs what tax on wealth creation to the top income has allowed.

It seems that many on here would like to understand why, but can't seem to get a proper does of truth to make a real observation.
 

888888

Council Member
Have the truth as to what is and has happened, that allowed such a big difference, of what some have been able to obtain, while the vast majority, 85% of the population are losing much of what they have day after day. Is a system that allows this to happen, one that needs to be revisited or should it just be left to play out?
 

ya-ta-hey

Mayor
With 15% of the population able to own 93% of everything, is it unfair to look at how this is happening? What policies our government has in place that allows this to happen, and is it fair.
What tax on income has done for the middle class wages vs what tax on wealth creation to the top income has allowed.

It seems that many on here would like to understand why, but can't seem to get a proper does of truth to make a real observation.
Mr. 8s,

Some people are driven and work their butts off, but a lot of people are bums that at the end of the day, are only concerned with getting their fags and beer.

There, we talked about it.
 

Lukey

Senator
Seriously, do you really think it is merely a coincidence that wealth inequality has risen as the size of government has grown?
 

Spamature

President
Okay, I'll play.

19% of the population control 85% of the wealth.

Now, what do you intend to do about it?
I'd say for one thing. The govt should stop borrowing the money to run the country from them at interest and instead tax them the actual amount it takes to run the govt. Because what that really is, is a gigantic transfer of funds from the many to the very few. Of course because we do it that way. The elite's minions within govt say we should cut govt and have the individual shoulder more of the cost in order to make sure the govt will be able to pay the elites their interest.
 

888888

Council Member
I'll bet you anything that person will be a Democrat!
Lets hope we never find out!

The reason people have been able to gain so much wealth in the last 30 years is kinda right, but it has more to do with taxing income at a lower rate than other income, and passing on wealth that has not been taxed at all.

The majority of people do not make the income to invest much. But once you are able to create enough wealth to invest and it's taxed at 15% you can gain at leaps and bounds. The fact that inflation ran wild at a couple of different time in the last 30 some years also helped those who had invested money.

But for most of us our savings are ties up in savings withing our company, IRA's or 401K's which millions of us get no cut on capitol gains or Div's as they go straight into our accounts and we pay whatever rate we fall into when we take it out.

They really do need to fix this, for average workers and retired people. Div's should somehow be taxed at 15% for everyone, right.
 

Days

Commentator
you are half way there.

It's easier than that. Govt needs to stop giving away the currency to the central bank. 100% of our money is artificially created from thin air by the banks... so really, it is 100% the banks money, and absolutely not our money whatsoever. This is the simple road to ruin we have traveled for 80 years. Solution. Quit giving the money away, create Treasury fiat from thin air, quit taxing the people. It is as simple as that.
 

888888

Council Member
Yeah it's like a poker game as I see it. The house has like 8 players, they sit down and buy in. say 100.00 a piece. The house takes 2.00 a pot. After 400 hands they have all the money and we are playing for nothing.
 

888888

Council Member
you are half way there.

It's easier than that. Govt needs to stop giving away the currency to the central bank. 100% of our money is artificially created from thin air by the banks... so really, it is 100% the banks money, and absolutely not our money whatsoever. This is the simple road to ruin we have traveled for 80 years. Solution. Quit giving the money away, create Treasury fiat from thin air, quit taxing the people. It is as simple as that.
send me a PM, I would like to have you explain this better if you could, just to see if I would agree, Thanks in advance Days, you sound like a very smart guy.
 

mark14

Council Member
With 15% of the population able to own 93% of everything, is it unfair to look at how this is happening? What policies our government has in place that allows this to happen, and is it fair.
What tax on income has done for the middle class wages vs what tax on wealth creation to the top income has allowed.

It seems that many on here would like to understand why, but can't seem to get a proper does of truth to make a real observation.
It's hard to have conversation with fundamentalist who believe they know what either the Bible or Constitution say but often haven't bothered read or think about them and demagogues who encourage such ignorance.

For starters The Constitution clearly states why our government was established, "to form a more perfect Union, establish Justice, insure domestic Tranquility, provide for the common defence, promote the general Welfare, and secure the Blessings of Liberty to ourselves and our Posterity".

It clearly says enumerated powers of Congress include "To lay and collect Taxes, Duties, Imposts and Excises, to pay the Debts and provide for the common Defence and general Welfare of the United States; but all Duties, Imposts and Excises shall be uniform throughout the United States" and "To coin Money, regulate the Value thereof".

So what happened? Certainly special interest have done well ensuring that all Duties, Imposts and Excises are not uniform throughout the United States. We imposed an income tax which is fine as far as it goes but special interest then used it to shift taxes from corporations, hereditary wealth and usage of resources to tax the true creators of wealth which is individuals who work and create.

Look at interstate commerce. It is dependent on two factors. One is transportation and private sources of transportation don't hesitate to charge the maximum fees or if a private group owns a road or a parking lot it imposes the maximum possible toll, if allowed, but the federal government charges relatively little for such usage. The second half of interstate commerce is the money used to finance it without which there would be no goods purchased and shipped over our often government created and regulated transportation services. It was part of the genius of America to give government control over the monetary supply. If you borrow from a private source, adjusting for risk, you will be charged the maximum the market will allow and expected to return the principal yet government, which is the originator of money, progressively collects a smaller and smaller percentage of the money it lends when it creates it. We complain about the federal tax rate, which realistically runs at about 20% overall at maximum, but what bank would only collect 20% of what it loaned?

It wouldn't be so bad if the 80% of the money the government creates and never sees returned were distributed productively in order to provide for the general welfare as intended but instead it is accumulated by a few, based on the Reagan mythology that it is theirs, or even more absurdly "you money" (then why do middle class Americans get less and less?) when it is in fact all of our money. Yes it is, despite the right wing knee jerk reaction this statement provokes. If it doesn't agree with your political and economic philosophy what does you religious philosophy tell you? I forget, the right wing only pays lip service to Jesus' teachings about wealth. I'm no Christian so I do can't expect anyone else to fully live up to the ideals but how can those who claim we are "a Christian nation" so clearly ignore them? No doubt intelligence and work must be rewarded but not at ratios of 100,000 to 1? Bottom line, no church is worthy of the name nor can a nation long survive that is indifferent to issues of wealth and economic fairness.
 

mark14

Council Member
Seriously, do you really think it is merely a coincidence that wealth inequality has risen as the size of government has grown?
Ah, yes, one of the latest right wing talking points courtesy of Senator Jim DeMint. Seriously do you think if we cut government corporations and the wealthy will have less money? Why aren't they all flocking to the Obama bandwagon?
 

mark14

Council Member
you are half way there.

It's easier than that. Govt needs to stop giving away the currency to the central bank. 100% of our money is artificially created from thin air by the banks... so really, it is 100% the banks money, and absolutely not our money whatsoever. This is the simple road to ruin we have traveled for 80 years. Solution. Quit giving the money away, create Treasury fiat from thin air, quit taxing the people. It is as simple as that.
Yes, it's simple. Eliminate the creation of money and taxes. That will solve everything... NOT!
 

Lukey

Senator
It's hard to have conversation with fundamentalist who believe they know what either the Bible or Constitution say but often haven't bothered read or think about them and demagogues who encourage such ignorance.

For starters The Constitution clearly states why our government was established, "to form a more perfect Union, establish Justice, insure domestic Tranquility, provide for the common defence, promote the general Welfare, and secure the Blessings of Liberty to ourselves and our Posterity".

It clearly says enumerated powers of Congress include "To lay and collect Taxes, Duties, Imposts and Excises, to pay the Debts and provide for the common Defence and general Welfare of the United States; but all Duties, Imposts and Excises shall be uniform throughout the United States" and "To coin Money, regulate the Value thereof".

So what happened? Certainly special interest have done well ensuring that all Duties, Imposts and Excises are not uniform throughout the United States. We imposed an income tax which is fine as far as it goes but special interest then used it to shift taxes from corporations, hereditary wealth and usage of resources to tax the true creators of wealth which is individuals who work and create.

Look at interstate commerce. It is dependent on two factors. One is transportation and private sources of transportation don't hesitate to charge the maximum fees or if a private group owns a road or a parking lot it imposes the maximum possible toll, if allowed, but the federal government charges relatively little for such usage. The second half of interstate commerce is the money used to finance it without which there would be no goods purchased and shipped over our often government created and regulated transportation services. It was part of the genius of America to give government control over the monetary supply. If you borrow from a private source, adjusting for risk, you will be charged the maximum the market will allow and expected to return the principal yet government, which is the originator of money, progressively collects a smaller and smaller percentage of the money it lends when it creates it. We complain about the federal tax rate, which realistically runs at about 20% overall at maximum, but what bank would only collect 20% of what it loaned?

It wouldn't be so bad if the 80% of the money the government creates and never sees returned were distributed productively in order to provide for the general welfare as intended but instead it is accumulated by a few, based on the Reagan mythology that it is theirs, or even more absurdly "you money" (then why do middle class Americans get less and less?) when it is in fact all of our money. Yes it is, despite the right wing knee jerk reaction this statement provokes. If it doesn't agree with your political and economic philosophy what does you religious philosophy tell you? I forget, the right wing only pays lip service to Jesus' teachings about wealth. I'm no Christian so I do can't expect anyone else to fully live up to the ideals but how can those who claim we are "a Christian nation" so clearly ignore them? No doubt intelligence and work must be rewarded but not at ratios of 100,000 to 1? Bottom line, no church is worthy of the name nor can a nation long survive that is indifferent to issues of wealth and economic fairness.
What's your point, that God is a communist?
 

MaryAnne

Governor
With 15% of the population able to own 93% of everything, is it unfair to look at how this is happening? What policies our government has in place that allows this to happen, and is it fair.
What tax on income has done for the middle class wages vs what tax on wealth creation to the top income has allowed.

It seems that many on here would like to understand why, but can't seem to get a proper does of truth to make a real observation.
According to the poll I just heard. 56% of Republicans think so and 73% of Dems think there is too much disparity in incomes. Seems the march is taking hold in the public mind.
 

anti.reptile

Council Member
I'd say for one thing. The govt should stop borrowing the money to run the country from them at interest and instead tax them the actual amount it takes to run the govt. Because what that really is, is a gigantic transfer of funds from the many to the very few. Of course because we do it that way. The elite's minions within govt say we should cut govt and have the individual shoulder more of the cost in order to make sure the govt will be able to pay the elites their interest.
Transfer from the many to the few? Thank the few who pay the way for the many. I bet cave men had the same argument. There always was and always will be haves and have not,'s. Get off your ass and improve your situation if your unhappy with it. Envy is a deadly sin
 
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