The Real Obama on Wealth Redistribution

[tradezorro]

I guess that would depend on who had the majority at the time. I wouldn't support anything those Dems put forth. I work hard enough for my money.

But then again it might make a strong opportunity for going long SWHC ... I guess I'd need more details.

Quote from Pa(b)st Prime:

So if Congress enacted a law legalizing robbery you'd be fine with it?

 

[huh]

Quote from MKTrader:

Your logic, or complete lack thereof:

1) I'm against socialism

2) The gov't sends me a "stimulus" check, which I don't agree with per se, but it's just as easily a refund of all the taxes I've paid over the years.

3) If I don't refuse the stimulus (tax rebate?) check, I'm a socialist.

Your math and logic skills should serve you much better in politics than in trading.

Uh no, the point is that for all the "Obama is a socialist" crap, people seem to leave out the fact that the repubs are just as much socialists as the democrats. So if you are against socialism then you should be pissed at both parties for fostering socialism. Why this latest socialist crap that Palin and McCain are trying to pawn off to Joe six pack is frankly BS. Because Joe six pack happily accepted the socialist stimulus check (Again if you made over a certain amount of money then you didn't get this check so once again take from the rich and give to the poor) it seems contradictory to be anti-socialist but then have no qualms about taking a socialist check.

Joe the plumber doesn't want socialism but if he were given the choice of socialism where he pays little tax, and a not socialist tax system like a flat tax he would not be happy with his sudden tax increase. So the point is that you can't just claim that Obama is the only Wealth redistributor because washington is full of wealth distributors.

In the end, I am the same as you. I hate socialism but I accepted the check under the delusion that somehow I deserved it because of the taxes I paid.....when frankly I didn't because I haven't paid nearly as much taxes as the rich.

 

[MKTrader]

Ok, I'm pretty much with you. I think of the two parties as mostly a choice of driving off a cliff 60 mph or 90 mhp.

http://www.youtube.com/watch?v=_kQx...-DyfFa0tZg*Chuck+Baldwin+on+Lou+Dobbs,7WJynIe

But Obama's open love for "redistribution" and hatred of the founding ideas of this country is still unnerving. I don't think Clinton, Carter or probably even McGovern were as straightforward as he is. And Biden's non-answer to the recent "isn't this Marxism?" question is equally unnerving.

Quote from huh:

Uh no, the point is that for all the "Obama is a socialist" crap, people seem to leave out the fact that the repubs are just as much socialists as the democrats. So if you are against socialism then you should be pissed at both parties for fostering socialism. Why this latest socialist crap that Palin and McCain are trying to pawn off to Joe six pack is frankly BS. Because Joe six pack happily accepted the socialist stimulus check (Again if you made over a certain amount of money then you didn't get this check so once again take from the rich and give to the poor) it seems contradictory to be anti-socialist but then have no qualms about taking a socialist check.

Joe the plumber doesn't want socialism but if he were given the choice of socialism where he pays little tax, and a not socialist tax system like a flat tax he would not be happy with his sudden tax increase. So the point is that you can't just claim that Obama is the only Wealth redistributor because washington is full of wealth distributors.

In the end, I am the same as you. I hate socialism but I accepted the check under the delusion that somehow I deserved it because of the taxes I paid.....when frankly I didn't because I haven't paid nearly as much taxes as the rich.

 

[TGregg]

Quote from huh:

In the end, I am the same as you. I hate socialism but I accepted the check under the delusion that somehow I deserved it because of the taxes I paid.....when frankly I didn't because I haven't paid nearly as much taxes as the rich.

You could split the country up into two groups, half paid more taxes than average and half paid less. And you'd be in the "rich" half, which would mean you'll be paying more than most of the rest of the country for that "rebate" check.

OTOH, unless you are in the top 5% (I'm not), then your are not paying your share of government expenses (I'm not).

But on the third hand, if you are one of the voters consistantly voting against socialism and speaking out against it, you are doing a service for the country. By slowing down the relentless march of socialism, you are in essence creating wealth by slowing it's destruction. Meanwhile, most of the rest of the country (and planet, sad to say) is doing you a disservice by pushing for more socialism - in a sense this is a tax upon you. One might say "I deserve this check since I'm one of the people fighting the looters and I am one of the people they are coming for" counting not just on past taxes paid but future taxes and a slower economy.

But "rebate" checks are going to be standard fare, especially in presidential election cycles. So who knows.

 

[TGregg]

Quote from tradezorro:What's wrong with me wanting to "redistribute the wealth" in a way the benefits me? . . .I don't care what it's called ... I want to maximize my profit and minimize my losses. Why shouldn't I pick a president who helps me accomplish this?

Quote from TGregg:You could also go get a gun and start shooting people to take their money. That would put money in your pocket, right? Just start going Grand Theft Auto in real life.

Quote from tradezorro:That's a silly comment so here's my reply. Doing the things you suggest are illegal. The law would then be against me and I would loose both my money and my freedom when caught. The risk is too high for the reward.

Quote from Pa(b)st Prime:
So if Congress enacted a law legalizing robbery you'd be fine with it?

Quote from tradezorro:
I guess that would depend on who had the majority at the time. I wouldn't support anything those Dems put forth. I work hard enough for my money.

But then again it might make a strong opportunity for going long SWHC ... I guess I'd need more details.

So if the republicans passed a law allowing people to shoot and rob one another, you'd be fine with that and ready to kill people to take their money? Just as long as it wasn't democrats passing the law?

 

[huh]

Quote from TGregg:



But on the third hand, if you are one of the voters consistantly voting against socialism and speaking out against it, you are doing a service for the country. By slowing down the relentless march of socialism, you are in essence creating wealth by slowing it's destruction. Meanwhile, most of the rest of the country (and planet, sad to say) is doing you a disservice by pushing for more socialism - in a sense this is a tax upon you. One might say "I deserve this check since I'm one of the people fighting the looters and I am one of the people they are coming for" counting not just on past taxes paid but future taxes and a slower economy.

But herein lies the frustration. How can you vote against socialism when your only two candidate choices are both socialists? MKTrader is correct that McCain might be a socialist to a lesser degree than Obama but he's still a socialist. Its the old pick your poison BS we get every 4 years and I can't believe even after all these years we are still picking our poison every 4 yrs.

I mailed in my ballot and resisted my initial urge to vote McCain and instead chose a 3rd party candidate yet I feel like my vote was wasted.....but if I would have voted for McCain I still would have felt like my vote was wasted.

I understand that we as a nation will never agree on gun control, abortion, etc but why the hell this country can't come together and recognize that running massive deficits due to out of control spending and other social programs is not a good idea. We've just seen that when you buy more house than you can afford, eventually that house gets taken away.

 

[tradezorro]

Quote from TGregg:

So if the republicans passed a law allowing people to shoot and rob one another, you'd be fine with that and ready to kill people to take their money? Just as long as it wasn't democrats passing the law?

Well yes! Under the Republicans robbery would become an engine of job growth. And those who were good at it would be free to rise to the top of the profession, hire associates, and make a real business of it. Capitalism pure and simple.

Now let's look at the Dems version. You can only rob from the rich. And you have to give a portion of your gains to those poorer than you are. Who's going to want to start robbing with the odds stacked against him like that? How does that foster economic growth?

 

[jonbig04]

Why do you all not realize that taxes are ALWAYS a redistribution, no matter what. "Obama wants to redistribute"..well yea, but so does McCain, and so did Bush. Think about it more than 2 minutes and maybe it will pass through your skull.

 

[TGregg]

Quote from huh:

But herein lies the frustration. How can you vote against socialism when your only two candidate choices are both socialists? MKTrader is correct that McCain might be a socialist to a lesser degree than Obama but he's still a socialist. Its the old pick your poison BS we get every 4 years and I can't believe even after all these years we are still picking our poison every 4 yrs.

I mailed in my ballot and resisted my initial urge to vote McCain and instead chose a 3rd party candidate yet I feel like my vote was wasted.....but if I would have voted for McCain I still would have felt like my vote was wasted.

Yeah, we're pretty much in the same boat. I think it was PJ O'Rourke that wrote something like "If the Republican wins, he'll rob us blind. If the Democrat wins, we'll be too poor to be worth robbing." Or something like that. Pretty depressing to see these two up front.

OTOH, liberals should be dancing in the streets. They've got the biggest socialist to ever have a chance at winning in the lead, and the biggest socialist to ever win the GOP nomination right behind him. Well, Dole might have been bigger, tough to say. But there was no way he was going to beat Clinton anyway.

The US, already in a difficult position with the eoncomy and war on terror, will make a big step in it's leftward drift come November 4th regardless of who wins. If the left can engineer a couple defeats in Iraq and Afghanistan and stifle the economy with heavy taxes and wealth redistribution they will have made significant ground in their efforts to remove the USA as the lone superpower.

 

[Landis82]

Quote from TGregg:

If the left can engineer a couple defeats in Iraq and Afghanistan and stifle the economy with heavy taxes and wealth redistribution they will have made significant ground in their efforts to remove the USA as the lone superpower.

Turn on your brain, Sir.

Like the progressive tax system that we currently have isn't already a redistribution of wealth?

Think I don't get taxed more living in California than in Iowa or Kansas?

Think people.
Think!