The middleclass are the losers.
But - it's important to ask "Who are the winners?" in this setup?
Because that is who is driving the agenda.
Who pockets all that transferred wealth?
If your customers are broke you can't make sales
- Thread starter Ricter
- Start date
The middleclass are the losers.
But - it's important to ask "Who are the winners?" in this setup?
Because that is who is driving the agenda.
Who pockets all that transferred wealth?
Because people on the low end of inequality in the US can afford almost everything they want while people who are equal in commie countries live in squalor.
There are articles everywhere enumerating all the cars phones tv's and everything else that the poor in the US own.
+ 1Ricter, let me fix that for you...........
If your economic policies turn part time, minimum wage jobs into career paths for newly graduated, indebted college students, you're not going to have a thriving economy.
Problem: Customers cant afford the products.
Solution 1: Give more money to the Government......NO
Solution 2: Lower price of product---YES, How? Supply side focus
Encourage more business start ups, Reduce cost to do business, free trade.
Cmon... look past the bullshit. If they were serious... You would put on 70% tax on those who earn in the top .05% and those who own assets in the top .05%.
Bill Gross's firm made billions buying near valueless bonds for the Fed and front running the purchases. (I linked to the articles here a few years ago.)
Warren Buffett has been gifted billions of dollars in deals from the Fed. (including a deal for Goldman Sachs as the Fed put plans in place to save it.)
Goldman Sachs is a virtual recreation of a zombie bank by the Fed.
The Fed owns the democrats and some of the Republicans
The Fed does not want competitors to be able to accumulate capital.
More Taxes is great for them.
At this stage with the govt spending what they wish to spend and the fed creating trillions in M3 fro free.
More taxes accomplishes one thing. They are not need to fund the govt... they are needed to stop the competition from accumulating capital.
The Fed is happy owning all the politicians and with its cronies most of everything else.
Money creation combined with progressive taxes... accomplishes the same thing as Fuedalism. Its crony/capital feudalism.
In short... printing and taxes causes the income inequality. All the money flows to the cronies.
That so many fall that the specious notion that you can fix it by taxing people who make a few bucks is crazy.
you want to fix it. You want to know why it is specious.
Bill Gross's firm made billions buying near valueless bonds for the Fed and front running the purchases. (I linked to the articles here a few years ago.)
Warren Buffett has been gifted billions of dollars in deals from the Fed. (including a deal for Goldman Sachs as the Fed put plans in place to save it.)
Goldman Sachs is a virtual recreation of a zombie bank by the Fed.
The Fed owns the democrats and some of the Republicans
The Fed does not want competitors to be able to accumulate capital.
More Taxes is great for them.
At this stage with the govt spending what they wish to spend and the fed creating trillions in M3 fro free.
More taxes accomplishes one thing. They are not need to fund the govt... they are needed to stop the competition from accumulating capital.
The Fed is happy owning all the politicians and with its cronies most of everything else.
Money creation combined with progressive taxes... accomplishes the same thing as Fuedalism. Its crony/capital feudalism.
In short... printing and taxes causes the income inequality. All the money flows to the cronies.
That so many fall that the specious notion that you can fix it by taxing people who make a few bucks is crazy.
you want to fix it. You want to know why it is specious.
let me rewrite my first draft...
Cmon... look past the propaganda.
If inequality were really the concern, the real solution would be to eliminate taxes on the bottom 90 %.... and levy a 70% tax on the top .05% of income earners and say a 20% yearly tax on assets over 10 million.
Bill Gross's firm made billions buying near valueless bonds for the Fed and front running the purchases. (I linked to the articles here a few years ago.)
Warren Buffett has been gifted billions of dollars in deals from the Fed. (including a deal for Goldman Sachs as the Fed put plans in place to save it.)
Goldman Sachs is a virtual recreation of a zombie bank by the Fed.
The Fed owns the democrats and some of the Republicans
The Fed and cronies prefer to be those who have the money and the capital to buy the politicians.
Taxing anyone but the top .05% makes no sense, if you wish to prevent inequality.
As you tax away the savings of the middle and most of the upper class, you have fewer and fewer competitors.
You can then buy politicians and exempt your enterprise from taxes... a la GE.
Govt has broken free of a balanced budget, therefore it has no need for income taxes.
It spends what it wishes, and the Fed prints what it wishes too.
Taxes are simply away of creating extreme income disparity.
97% to 99% of the people have very similar savings. Few families have any extra money after taxes, food and Obamacare and college.
1% accumulate capital. .05% owns just about everything. The top .05% are eventually tied to banking and the Fed via public offering.
(I will note it is odd the Kochs are not part of that model.)
Money creation combined with progressive taxes... accomplishes the same thing as Fuedalism. Its crony/capital feudalism.
Cmon... look past the propaganda.
If inequality were really the concern, the real solution would be to eliminate taxes on the bottom 90 %.... and levy a 70% tax on the top .05% of income earners and say a 20% yearly tax on assets over 10 million.
Bill Gross's firm made billions buying near valueless bonds for the Fed and front running the purchases. (I linked to the articles here a few years ago.)
Warren Buffett has been gifted billions of dollars in deals from the Fed. (including a deal for Goldman Sachs as the Fed put plans in place to save it.)
Goldman Sachs is a virtual recreation of a zombie bank by the Fed.
The Fed owns the democrats and some of the Republicans
The Fed and cronies prefer to be those who have the money and the capital to buy the politicians.
Taxing anyone but the top .05% makes no sense, if you wish to prevent inequality.
As you tax away the savings of the middle and most of the upper class, you have fewer and fewer competitors.
You can then buy politicians and exempt your enterprise from taxes... a la GE.
Govt has broken free of a balanced budget, therefore it has no need for income taxes.
It spends what it wishes, and the Fed prints what it wishes too.
Taxes are simply away of creating extreme income disparity.
97% to 99% of the people have very similar savings. Few families have any extra money after taxes, food and Obamacare and college.
1% accumulate capital. .05% owns just about everything. The top .05% are eventually tied to banking and the Fed via public offering.
(I will note it is odd the Kochs are not part of that model.)
Money creation combined with progressive taxes... accomplishes the same thing as Fuedalism. Its crony/capital feudalism.
