It's not just the 1%

Discussion in 'Economics & Trade' started by LafayetteBis, Jun 9, 2017.

  1. LafayetteBis

    LafayetteBis Well-Known Member Past Donor

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    Nope, they borrow from the ECB and they pay it back in installments that go on for forty years - just like we Yanks do at the FRB.

    Who are you trying to kid ... ?
     
  2. LafayetteBis

    LafayetteBis Well-Known Member Past Donor

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    Three generations is hardly fleeting. Especially with the increase in overall age (US average being 80).

    (3 x 80 = 240 years)
     
  3. squidward

    squidward Well-Known Member

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    I feed myself thanks.
    Are you insinuating that these people are inferior and not capable of talking care of themselves ?
     
  4. squidward

    squidward Well-Known Member

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    you mean they really didn't succeed without help ?
    Perhaps they got off their asses ?

    If your parents can't teach you to work hard at improving yourself, if you can't realize the importance of working hard at improving yourself, if you are too lazy to work hard to improve yourself, your gene line needs to auto purge.
     
  5. VietVet

    VietVet Well-Known Member

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    :applause:
    Very well said.
    My parents were immigrants, too, and liked that here in America you were not born to a "station" in life, that you could become what you made of yourself.

    They visited Europe later, but had made their lives here, and became citizens and spoke English with hardly any accent.

    The Droolers that chant "America first" are so ignorant they do not even know that the phrase was used prior to WWII for isolationism against any efforts to stop the Nazis.

    Europe is on the correct path; we, with this so-called president, have taken a wrong turn.
     
  6. LafayetteBis

    LafayetteBis Well-Known Member Past Donor

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    I'm not surprised. Many Americans only learn that we defeated Nazi Germany, but don't know why.

    Some do not even understand what the holocaust was.

    And then there is this mindless chanting of "America the Greatest". By lots of measures I have been able to show statistically that the US is very, very far from that half-truth.

    Why the hell we are so effing fascinated by the accumulation of Wealth, I will never understand. You can't take it with you ...
     
    Last edited: Jun 18, 2017
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  7. Drago

    Drago Well-Known Member

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  8. Drago

    Drago Well-Known Member

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    I guess we want pride in the same way you want to demean us? I have never understood why you wouldn't want to be proud of your country, your culture, and to show it. this is what people want, to be proud of their country.

    Europe is being overrun by their own volition. The US will not be there to bail you out this time. Know that much.
     
  9. Drago

    Drago Well-Known Member

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    So you are a political hack and that is all? Wow, ****ing joke. You should understand that the US is a sovereign nation that does not have to accept anyone. I am of 100% German ancestry, yet I am fully American. My ancestors came here LEGALLY, spent all their resources on farmland and swampland and made their lives. They didn't ask anyone, especially the government that was willing enough to let them into the country. My ancestors assimilated and loved the country they served. This is lost. Completely lost. Both my grandfathers, both of whom originated from Germany, fought for the freedom of weak ass European Frenchmen. Against his former homeland in the name of the USA. This is so lost. Its ****ing pathetic how many American lives were lost defending the weak ass states of Europe these days. I puke everyday thinking about it. It's not going to happen again, as you have asked for your own demise. Vomit.
     
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  10. Jimmy79

    Jimmy79 Banned

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    How does 1 persons tax rate cause someone else to consistently make bad life choices and end up poor?
     
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  11. Deckel

    Deckel Well-Known Member Past Donor

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    The earned income tax credit does that, but beyond that, not so much. I swear to God I know people who meticulously maneuver to maximize their credit and that is it. They have no other aspirations than to get that maximum EITC. It is like winning the lottery once a year for them.
     
  12. Bowerbird

    Bowerbird Well-Known Member

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    A lot of American "think tanks" are funded by dirty money - so I take anything from any one of them with a very large grain of salt
     
  13. Jimmy79

    Jimmy79 Banned

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    My tax rate doesn't affect their EITC.
     
  14. Deckel

    Deckel Well-Known Member Past Donor

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    Their spouse's does
     
  15. Jimmy79

    Jimmy79 Banned

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    Again, how does my tax bracket have any affect on another families ability to support themselves?
     
  16. Drago

    Drago Well-Known Member

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    Ok, good to know you are fine with terrorist money. Noted.
     
  17. LafayetteBis

    LafayetteBis Well-Known Member Past Donor

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    Replicant demagoguery, prejudicial, sarcastic and hateful.

    Hopeless blather ...
     
  18. Drago

    Drago Well-Known Member

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    Or fact. The US is in fact a sovereign nation. You are a globalist. We will never agree on much. If you believe there are no borders, no culture to sustain, no laws, then there is nothing.
     
  19. LafayetteBis

    LafayetteBis Well-Known Member Past Donor

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    THE DICHOTOMY OF WEALTH GENERATION

    You do not seem to understand that the problem is not about YOU but about US. You are not living all-alone braving the elements like a pioneer American to eke out an existence.

    You are sitting comfortably ensconced somewhere in middle-America enjoying what is comparatively a damn good lifestyle. (I doubt seriously were you below the Poverty Threshold that you would have even asked the above question.)

    Tax-brackets that favor the rich simply shift, in a market-economy, Income that should be more fully taxed, up into a comparatively unfairly taxed bracket. Howzzat?

    Because fewer people obtain more of the income generated within the market-economy. We all work to produce goods/services that we consume - but we do not all share equitably (fairly) in the distribution of that Wealth derived by unfair upper-income taxation.

    The consequential dichotomy is this:
    *When exorbitant incomes are taxed equitably and spent (say, on government services) their value comes back into usage for the general good. It remains within the cycle of the market-economy - consumers spend their Income, which turns the wheels of production and thus Income generation for all who participate.
    *But when it shifts up into Wealth, it remains there and simply accumulates interest or profit that is shifted down through family inheritance. It is effectively "locked-way" benefiting only a comparatively few individuals.
    *Moreover, studies show that in the US said Wealth rarely lasts beyond the first generation of inheritors who (never having had to work for a living) end up either taking highly stoopid investment risks or simply squandering it ...
     
    Last edited: Jun 25, 2017
  20. Drago

    Drago Well-Known Member

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    There is no us if you don't believe in border security. You are joke.
     
  21. LafayetteBis

    LafayetteBis Well-Known Member Past Donor

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    You must actually have lived in both countries (the US and the EU) to understand the underlying differences. Which is how the nearly half a million Americans living in Europe (and quite liking it) do not return to that machination they left behind.

    I am not "unproud" of the fact that I am American. I am highly disappointed with what has become of it - and that disappointment has reached a very high proportions with the election of Donald Dork. The man is not even fit to be Dog Catcher ...

    PS: Europe is expecting no "bail-out" from the US. Heaven forbid ...
     
    Last edited: Jun 25, 2017
  22. Drago

    Drago Well-Known Member

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    I don't care about you. I care about my country. I care that it has sovereign borders, and it now does. I care that it has democratic process that is hopefully upheld, (up for debate). But I at least exposed you as an absolute fraud. There is no bailout for Europe, but just know Normandy 2020 will sadly be self inflicted and US soldiers won't be there to defend you. Europe is being overun because policy is terrible
     
  23. Jimmy79

    Jimmy79 Banned

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    So higher taxes means more give aways.

    Tell me, what dollar value worth of give aways is required for the poor to get out of poverty and off the give aways?
     
  24. Drago

    Drago Well-Known Member

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    I wouldn't even bother with this guy, purely cares about Europe, globalism more than the US.
     
  25. Jimmy79

    Jimmy79 Banned

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    He's an easy target. Everything he posts is from academia and not even a little bit close to reality.
     
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