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28 million people in the US on Food Stamps
- Thread starter TorontoTrader2
- Start date
Fear not. The US will save you, Humpy.Quote from Humpy:
From far away it is obvious that the USA era of dominance is drawing to a close. .
History has taught us that it is inevitable that the US will have to save the all of Europe for a 3rd time. That should get the US back on track to self-discipline.
Is giving your income to the politicians, the solution? Why not help them, help themselves, you can`t provide for them forever.Quote from 5yrtrader:
Actually America has one of the lowest overall tax rates in the developed (and even developing world)(see link). Its amazing how heartless people can be, I have no problem giving some of my income away to help my fellow person and think that we should give more away.
http://en.wikipedia.org/wiki/List_of_countries_by_tax_revenue_as_percentage_of_GDP
We are the most advanced and wealthy "society" the world has ever scene. The way we stay rich is by working with others not by striking out selfishly on our own. See "tragedy of the commons"
I agree with the posters that said things like, think of it as a payment to live in a safe society.
Many conservatives and capitalists hated (and hate) FDR for his "socialist" ideas and programs; but I believe that those socialist programs are the reason we aren't a communist country. Ask if you want more of an explanation.
In the 1950's the richest were paying 90% tax rates on income earned over $400K, thatâs high, what you pay now is nothing, even if they raise it a little. Does a 4% tax on the upper portion of your income really change your life style much?
5yr
We are all starving.. for something..
Looks, from the replies that I have read, most of YOU are starving from a lack of GOD! There is very little compassion or Love in your responses.
Sure, there are some people that abuse the system. These are the same people that trade on inside info, steal money to open a brokerage account and don't pay back loans to people who helped you get your great trading career going in the first place.
If anything, we should be teaching the principles Ronald Reagan stood for.. self sufficiency, hard work, saving and investing while government should cut fees/regulation/red tape +taxes to foster risk taking by all Americans.
We should shut down all these liberal public schools +colleges, which teach NOTHING to our youth +disseminate propaganda (brain wash) from failed economic regimes/systems. MAYBE then people would have a reason to WORK for something other than the G-Man!!!
Last, we need to make all government positions limited to a single term of service +cut their pay.. NO MORE CAREER POLITICIANS!
Mh
Looks, from the replies that I have read, most of YOU are starving from a lack of GOD! There is very little compassion or Love in your responses.
Sure, there are some people that abuse the system. These are the same people that trade on inside info, steal money to open a brokerage account and don't pay back loans to people who helped you get your great trading career going in the first place.
If anything, we should be teaching the principles Ronald Reagan stood for.. self sufficiency, hard work, saving and investing while government should cut fees/regulation/red tape +taxes to foster risk taking by all Americans.
We should shut down all these liberal public schools +colleges, which teach NOTHING to our youth +disseminate propaganda (brain wash) from failed economic regimes/systems. MAYBE then people would have a reason to WORK for something other than the G-Man!!!
Last, we need to make all government positions limited to a single term of service +cut their pay.. NO MORE CAREER POLITICIANS!
Mh
Quote from indahook:
Barton Biggs is wise. And not some camo wearing survivalist fruitcake. In his new book he talks about this topic. One idea I am taking from him is stocking wine. Lasts forever is stored properly.
I have a great link for a website about being prepared. Not stuff you find on the FEMA site. But real deal..longgggg term. PM me if you want it. It is a safesite I assure you.
OK now.. fess up.. what is this website? THANK YOU!! :eek:
Quote from 1Reason:
Maybe thats what they are telling you in school as I dont think you will find fortune or the WSJ talking about how "planned the economy" is in china.
China in many ways is more of a free market than the US or Canada.
Minimum wage that is below free market vaule
almost no EPA
no OSHA
local governments that encourage growth
Zoning regs that choke the hell out of growth? dont have them
lower taxes - income and property
no unions
If you think for a minute that where you live is not more of a planned economy try opening a new oil refinery or factory that produces PVC. You will find out quickly who is living in the "planned economy" pretty quick.
I can not think of one type of business and especially factories that would be easier from a government compliance point of view to open in the US than in China. Can YOU?
Excellent commentary.. in many ways, this is what we need to move back toward if we are to have any chance for a revival of the American Dream (of opportunity for all people here in the US).
Try to start a hedge fund -the regulations are stifling. What? Only the rich want to earn an income? Why can't someone who is poor start up a fund? The rich do not have a chokehold on intelligence. If you do.. unless you always make money for your clients, be prepared for some serious problems from the authorities.
Mh
Quote from wutangfinancial:
Um, the Chinese still have a centrally planned economy to a large extent. The government plays a much more direct role in supporting institutions such as education, scientific research, etc. They're about as far from the libertarian ideal as you can get.
Uhh, when $12 billion of taxpayers' money is spent on an engineered war every month, including on weapons production quotas (c'mon, would L-martin, Boeing, L3, Halliburton et al ever starve?), how can you say we do not have communism?
the party elite get fat from this monthly $12 billion quota, while the people starve and line up for bread and rations.
Only a tiny percent of people "OWN" a house; rather they work 40-60 hours a week just to pay the bank usary fees for 10-30 years. The BANK owns your house.
Quote from TorontoTrader2:
Uhh, when $12 billion of taxpayers' money is spent on an engineered war every month, including on weapons production quotas (c'mon, would L-martin, Boeing, L3, Halliburton et al ever starve?), how can you say we do not have communism?
America morphs more and more towards the communist economic model each day.
At a minimum, we already have economic facism.
The Gummint makes the rules. "It's all about the Gummint".. and their best pals.