Ted Cruz is done

That's true, that azzhole Obama promised "Change", then he turned out to be a RIGHT OF CENTER MODERATE that lives in Wall Streets pocket who didn't change anything! They said he was a socialist, so I voted for him, because I WANTED A SOCIALIST, then he ends up being a RIGHT WING TOOL who perpetuates the 1%'s dominance.

 

Uh exactly bassackwards. The problem is the jackasses running the party won't even try to do the stuff they were elected to do.

 

I agree with most of what you wrote, except "Crony Capitalism" does indeed exist. Ask virtually any small business that has to compete with larger businesses and the advantages the government has granted the big businesses on healthcare laws, banking laws, tax laws, etc....

Also, when banks are "too big to fail", we have a problem, and we have "Crony Capitalism". In all honesty, it really should be called "Crony Socialism", because it is when Government and Big Business work together against the interests of the citizens.

 

A small business who is competing with any business, laarge or small, domestic or foreign, is part of the game and thus not defined as "crony capitalism." Those that complain who compete with large competitors either have chosen the wrong profession or truly do not understand the buisness that they are in.

The rest is political hogwash.

 

ROFL! I competed with Oracle, SAP, Acenture, Wipro, and other large companies for years. We were so successful due to having a fantastic staff that we sold out for a huge profit. My contractual obligation to stay on expires this December. I know exactly what I am talking about and was incredibly rewarded for it. The problem is if a young company wanted to do today what I did, it's near impossible with the Obamacare hit, Dodd Frank hit, new IRS hits, etc....

 

Then why didn't your president get it while he had majorities in both houses?

 

Because democrats do not vote in lock step

 

Because Kennedy died.

 

So he couldn't even convince his own side

How do you explain every one of them voting against the anti abortion bill then?

 

Actually, the rules today are pretty much the same when you started in the early to late 80's with that company of yours. The same risks are there, the same rewards, and the same obstacles. There are now more developed entrepreneurial studies on the business environment with these studies concluding that the only difference today is the internet and social media. Instead of competing with a company in the same area or region, you are now competing with a company in a different company. And that is how e-commerce has started. Just as when you started, 8 out of 10 companies would not make past five years in existence. Most will close shop for a variety of reasons. Those reasons are the same today as they were when your company was young. The only difference is the internet reporting on successes, failures, studies, etc. In the good ole days, the information was there, but in published journals of academia, read by other academians and not the general public as of today. But today, since these journals are now online and can be obtained either free or at a very low cost, the audience is greater than it was in the days before the internet was global AND accessible. And yes, I do remember the internet was available and all you needed was a dot matrix printer. All of these laws, with the exception of FATCA, have been on the books since the Internal Revue Code of 1954. When TRA 86 came about, some of these codes were expanded, redefined, or incorporated with other tax provisions of the code. But with globalization and the increased likelihood that a nonresident taxpayer will be part of the business compared to 20, 30, or 40 years ago just means it is more frequent, not new.

As for the IRS, international reporting has always been there. You have Form 5471, 5472, 3520, 3520-A, 8621, 8865, 2555, 1116, and other forms. FATCA came about because of UBS scandal and how US persons, with the use of certain banks, was able to commit tax fraud. In addition, there was the offshore voluntary compliance program which allowed US taxpayers to make right and report all income accurately, avoid penalties, and the dreaded audit by criminal investigation with the possibility of criminal charges being levied. FATCA was simply a result of what some people did to illegally in order to allude taxation when tax rates were a lot lower under Bush Clinton, Bush, and Reagan.

 

Because the Democrats never had a super majority. And the health care lobby and the various right wing organs decided to focus their attacks on Blue Dog Democrats.

Now that Trump favors universal health care, we have the Democrats and the leading GOP candidate all on board.