At a certain point the wealthy will affect the well being of the money making venture, which enriches them, if they take too much from the business. There are laws which also limit their activities. But if a businessperson is smart enough to get that wealthy they are smart enough to realize at a certain point they must not do anything that will curtail or stop the business that makes them wealthy. You are limited in what you can do to affect their running the business the way THEY wish because they have worked to get to the position where they can make these decisions and you have not, but that is the capitalist system. Too much of your kind of thinking will only make the business environment more toxic and less prosperous for yourself and those you claim to represent. The wealthy will do well no matter what you do. But if you and your kind screw up America with your pettyness the wealthy will leave you high and dry.
You can CLOAK your real motivations behind the law, but we know the truth. Liberals respond from the emotional side of their brains and then, after they've acted on impulse, they find some suitable reason to 'justify' their actions or their feelings. That's what I sense about your suggestions. You FEEL a certain way about the wealthy and about Conservatives in general. These are two steps that channel your anger in a constructive way, you rationalize from your POV. The real question, however, should be why wouldn't you want an independent third party to edit the Hillary film and then let America see your candidate if she's supposed to be so great? No way you'd want that. You know she doesn't look good in the light of day with all the facts on the table. So, you guys want only your Obama-style of press coverage for Hillary before the election. That's what Citizens United is about. http://en.wikipedia.org/wiki/Citizens_United_v._Federal_Ele ction_Commission And as far as tax loopholes for the rich, sure. Let's revise the tax laws. Make them simpler. More equitable. And while we're at it let's all agree on the magic tax rate of 33% of income to be "a rate that maximizes revenue to the government, and if the government raises taxes above the hump rate, then its revenue actually decreases." [video=youtube;FqLjyA0hL1s]http://www.youtube.com/watch?v=FqLjyA0hL1s[/video] http://www.prageruniversity.com/Economics/Lower-Taxes-Higher-Revenue.html
Nobody has taken advantage of the system more than Bill Gates (a democrat and one of the richest people on the planet). Im curious how many lefties out there are using internet explorer to read this and support wealthy people? (Keep in mind the forum tracks this so I guess we can always check) Just because Bill Gates is now a philanthropist doesn't excuse his past, which was one of the very best examples of the very thing liberals hate. How many small companies did he destroy in order to gain his empire? Hmm don't see any lefties bashing him. Someone please defend him so I can use that very defense to expose your hypocrisy.
I see no reason to admire a millionaire. Let's not admire wealth, admire the character of the man. Two question for you -- Do you want to be the person who decides how much wealth a person needs? If you deem a wealthy person has too much wealth are you the person who will decide what he should do with it?
We live in a country where we're all free enough to refuse to be victims. If a CEO was screwing the workers and ruining the company where I was employed I would find myself another job. I can't think of a single time when a rich person held me down for long. At times I was taken advantage of by men of power and/or wealth but I made sure those situations were temporary. A poor person can still become wealthy in this country and it's happening every day. But it won't happen if the person waits for wealth to come to them. It takes hard work and financial planning.
If you don't consider the ongoing trend of the poor and middle class getting poorer in this country while consumer product prices continue to increase a problem, perhaps you aren't as concerned about the increase in entitlements as you let on conservatives. Just sayin.
I'm here just asking for reasons why someone might hate rich people. Can you contribute to the conversation in a meaningful way?
I do consider under Obama our country's economy, welfare programs and employment are suffering. I yearn to return to the policies put forth by President Reagan. But still a person can do well financially in these times if they have the gumption to do it on their own and don't wait for the government to change their lives.
Wages have been flat since the 1970s despite ever increasing productivity. In addition, we have very low social mobility. You have a better chance of moving up the economic ladder with hard work in Pakistan. And the crap mobility is tied with inequality as illustrated with the following graph: In a basic nutshell, the above graphs are the heart of our economic problems and current discussion. How does your reply fit those graphs? The only thing I can figure is that cheap and lower quality mass imports on top of credit has masked the extremeness of the economic distortions.
I won't dispute your facts. Bottom line is some poor people are still becoming wealthy despite these facts. I also remind you this thread is about why do some people hate rich people. I'm trying to hear the reasons from the folks on this forum.
Are you fine with people being super wealthy while others nearly starve to death? If that's the case, then i won't say anything, it's just your choice. Personally, i don't understand why very wealthy people should keep all their wealth for themselves. If Obama sincerely thinks the same, then i'm totally with him, mind and heart.
Psssst . . . the average British citizen felt the same way about post WWII Great Britain and elected politicians who were willing to agree with them in exchange for lifetime sinecure positions and the net result was that the wealthy left Britain in droves, taking their wealth and drive and ingenuity AND their businesses and business acumen with them to the extent that it was possible and as a result the nation went right down the economic toilet . . . until Margaret Thatcher came on the scene to fix what stupid people and shallow politicians had broken.
I personally do not hate rich people. Some of them I admire. These are the ones who earned it all by the sweat of their own brow, and I admire them for their hard work, entrepreneurship, risk-taking and tangible accomplishments. Others of the wealthiest I disrespect, (and these are the ones who inherited their wealth) mainly for their largesse, their sense of privilege, their celebrity perhaps, and their over-inflated, self-perceived value to society. Hate is a really strong word. I myself only hate two people in this entire world, and believe you me, they have earned my contempt. All that said, here is a short list of the kind of people I strongly dislike, and cannot abide: * Dishonest politicians * Selfish people * Child abusers * Sexual predators * Rapists * Hypocrites
Crooked politicians, looking for a long term career. I'm not that ingenuous as to think there are not crooked and careerist politicians, i'm italian after all and i know well how things work. In my case, i specified that IF Obama sincerely wants to redistribute wealth, and it's not just propaganda to gain votes for his party, then he has a point. Maybe i'm just an utopist, but i really don't see anything wrong in the concept that wealth should be better distributed among people. Or maybe we are just too many people, who knows? Everything in the end finds it's own balance and so it will be for people.
If wealth is to be distributed differently, why not with an undistorted market which will foster increase of wealth, rather than armed robbery (outsourced to government by latter-day Robin Hood wannabes) that will tend to attenuate wealth?
Sorry I dont need joke pictures like libs do. You posted this because you couldnt answer my questions.
A good government would be that of controlled capitalism, a mixed system which grants freedom of market but also applies heavy taxes in the case of unutilised wealth, mean, when an industry/corporation rather than using money to improve itself, just keeps hoarding money without changing much. An economical system in which there are no unutilised capitals, that's it.
Government and markets are essentially different sides of the same coin. Markets arise out of the rules set down by government. So to deal with issues like extreme inequality, the government is the place to go.
I only dislike the wealthy lobbying to control the government. If they cut that out, we have no problems.
Stop preaching and stick to policy discussion, thanks. Everything is a religion or sermon with conservatives. "I did this, I did that." Public policy is not about anecdotes.