bmattock
Veteran
That sucks, but the solution is never to throw the baby out with the bathwater. Inheritance taxes are a hard one to navigate (both practically and morally), but until someone thinks of something better they're the only bulwark against old-style European feudalism.
To hell with that noise. Families work hard to make a better life for their own children and have something to pass along to them. Then the government takes it away - to prevent feudalism? Yeah, my wife's family was fabulously wealthy and controlled the lives of thousands of serfs. Oh wait; they didn't. Guess it only harmed decent hardworking middle-class people who wanted to keep what their family had owned since the beginning of our nation.
Liberals love to give away other people's money. How I hate them.
wgerrard
Veteran
That's what created this mess we are now in, government 'regulation' and corrupto-crats in Fannie and Freddie and their cohorts in Congress getting sweet deals.
It wasn't capitalism. The Sherman Ant-Trust Act takes care of 'domineering market-controlling corporations.'
There is ample historical precedence for incorrectly blaming a few scapegoats for problems that were endemic in nature.
The existence of corporations like Microsoft, Walmart, etc. is evidence that the Sherman act does not prevent market domination by one or a few corporations. People need to understand that a central pillar of the Adam Smith-ian free market economy is competition fueled by ease of entry of new competitors into the market. This ease of market entry is precise what large corporations wish to inhibit, and in most cases they can be successful.
As you may know, health insurance corporations in the U.S. are exempt from anti-trust legislation. Among other ills, this has led to single corporations effectively monopolizing health insurance in most states. In addition, the fact that tens of millions of Americans can't afford health insurance is, in my mind, prima facie evidence of the failure of the corporate market system.
Pinning responsibility for today's problems on the alleged misbehavior of a few people is naive and dangerous.
gb hill
Veteran
To hell with that noise. Families work hard to make a better life for their own children and have something to pass along to them. Then the government takes it away - to prevent feudalism? Yeah, my wife's family was fabulously wealthy and controlled the lives of thousands of serfs. Oh wait; they didn't. Guess it only harmed decent hardworking middle-class people who wanted to keep what their family had owned since the beginning of our nation.
Liberals love to give away other people's money. How I hate them.
Well said Bill!...better hide your broken toys before they tax them!
dfoo
Well-known
^ Totally agree with Bill. Inheritance taxes are fundamentally unfair.
Ronald M
Veteran
Business will come back when the people that have money (capitalists) decide it is worth the risk. That will happen when the government gets out of the way, and/or restores incentives...i.e., lower taxes, so the investment can pay off. That's when jobs come back. It takes confidence in the future to invest in people; right now, there is little confidence, hence high unemployment.
The 'servants' in Washington believe the people are their servants. They have forgotten that they work for us, and it's our money, not theirs.
Quote from above poster.
TRUER WORDS WERE NEVER SPOKEN.
The older I get, the more I read about the Fed ownership and monetary policy and free housing from Fanny Mae and behind the scenes bankers who control everything, the more discouraged I become.
It makes little difference who we put into office because nothing changes. The health insurance problem has been festering for decades and it causesd a large % of personel bankruptcy before the government sponsered housing crisis. The republicans could have fixed it with a few simple steps, but they didn`t. The democrats could have fixed it under Clinton but they tried for a draconian power grab instead just like is hapening now. It is not about insuring people, it is a power grab toward a socialist system.
Cap and tax is another. Global warming is now proved to be a hox. Professor Jones and his climate research is a hoax . Greenland ice is melting. So, it has happened before.
The Vikings had an established colony on Greenland`s SW coast 400 years ago. Did we all forget? You bech ya we did.
Fanny Mae free mortgages to unqualified borrowers was started under Cater called the community reinvest act. It has devistated cities. Bush could have stopped it, but no.
Do youu know THEY ARE STILL AT IT? And this is the root cause of the near financial meltdown.
We all better wake up or the United States as we know it will become history. Schools teach little thru high school because teacher don`t know. College not much better.
Not until grad school if you study finance do you start to get an education unless you seak it out on your own. Don`t depend on television or newspapers or cable as there is an adgenda behind it all. Notice the global warming hoax has not hit newspapers or TV.
We are being brainwashed big time over the past 70 years bit by bit.
There is a reason why gold hit almost $1200 last week. Investors do not trust the US.
Say what you want, you can not refute the facts, just misinterpret them.
The 'servants' in Washington believe the people are their servants. They have forgotten that they work for us, and it's our money, not theirs.
Quote from above poster.
TRUER WORDS WERE NEVER SPOKEN.
The older I get, the more I read about the Fed ownership and monetary policy and free housing from Fanny Mae and behind the scenes bankers who control everything, the more discouraged I become.
It makes little difference who we put into office because nothing changes. The health insurance problem has been festering for decades and it causesd a large % of personel bankruptcy before the government sponsered housing crisis. The republicans could have fixed it with a few simple steps, but they didn`t. The democrats could have fixed it under Clinton but they tried for a draconian power grab instead just like is hapening now. It is not about insuring people, it is a power grab toward a socialist system.
Cap and tax is another. Global warming is now proved to be a hox. Professor Jones and his climate research is a hoax . Greenland ice is melting. So, it has happened before.
The Vikings had an established colony on Greenland`s SW coast 400 years ago. Did we all forget? You bech ya we did.
Fanny Mae free mortgages to unqualified borrowers was started under Cater called the community reinvest act. It has devistated cities. Bush could have stopped it, but no.
Do youu know THEY ARE STILL AT IT? And this is the root cause of the near financial meltdown.
We all better wake up or the United States as we know it will become history. Schools teach little thru high school because teacher don`t know. College not much better.
Not until grad school if you study finance do you start to get an education unless you seak it out on your own. Don`t depend on television or newspapers or cable as there is an adgenda behind it all. Notice the global warming hoax has not hit newspapers or TV.
We are being brainwashed big time over the past 70 years bit by bit.
There is a reason why gold hit almost $1200 last week. Investors do not trust the US.
Say what you want, you can not refute the facts, just misinterpret them.
wgerrard
Veteran
...my hostile stance towards liberal 'give the government more money and power' bastiches.
Bill, I know that's a popular condemnation of liberals, but I think it ignores the reality that the choice is not between utopia and more powerful and constraining government. The choice offered us has always been who will be dominant. The essence of democracy is to keep power from coalescing in the hands of any small group of people and institutions that are hostile to the majority's interests. In the U.S., the government is the only institution powerful enough to restrain the behavior of corporations that would otherwise control our lives. The issue, then, is not how much power government has, but what it does with that power.
I support a free market system, but I also believe that any market sector dominated by one or a few corporations is not and cannot be free. In those conditions, any effort to compel government to play by free market rules usually accrues to the interests of the few.
antiquark
Derek Ross
Liberals love to give away other people's money. How I hate them.
That's a gross oversimplification of Liberal ideology.
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wgerrard
Veteran
... you can not refute the facts, just misinterpret them.
Amply demonstrated.
climbing_vine
Well-known
To hell with that noise. Families work hard to make a better life for their own children and have something to pass along to them. Then the government takes it away - to prevent feudalism? Yeah, my wife's family was fabulously wealthy and controlled the lives of thousands of serfs. Oh wait; they didn't. Guess it only harmed decent hardworking middle-class people who wanted to keep what their family had owned since the beginning of our nation.
Liberals love to give away other people's money. How I hate them.
You must have missed the part where I said it was broken and needed to be changed, and that what happened to your wife's family was wrong. To hell with that noise indeed.
wgerrard
Veteran
Need to point out that Wilson was a Democrat from Virginia. Doesn't really affect your analysis, though. He was certainly no raving liberal, even by the standards of the time.
[EDIT: The plight of small farms is illustrative. Many Americans love the idyllic Jeffersonian myth of a nation of yeoman farmers. (It's worth noting that Jefferson was about as far from the yeoman class as possible.) Yet the availability of cheap food is linked to the growth of industrial corporate agriculture. Would we be willing, or able, to pay for food grown and raised in nearby small farms? Buying local is a popular concept in my neck of the woods, but, pricewise, it's an upmarket activity.]
[EDIT: The plight of small farms is illustrative. Many Americans love the idyllic Jeffersonian myth of a nation of yeoman farmers. (It's worth noting that Jefferson was about as far from the yeoman class as possible.) Yet the availability of cheap food is linked to the growth of industrial corporate agriculture. Would we be willing, or able, to pay for food grown and raised in nearby small farms? Buying local is a popular concept in my neck of the woods, but, pricewise, it's an upmarket activity.]
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bmattock
Veteran
That's a gross oversimplification of Liberal ideology.
When you boil maple tree sap, you get concentrated maple tree sap. We call it maple syrup, but it's just a gross oversimplification of maple tree sap.
Boiled down, liberal ideology is forced redistribution of wealth. Sorry if it doesn't taste like maple syrup when it's concentrated like that, but it is what it is.
climbing_vine
Well-known
When you boil maple tree sap, you get concentrated maple tree sap. We call it maple syrup, but it's just a gross oversimplification of maple tree sap.
Boiled down, liberal ideology is forced redistribution of wealth. Sorry if it doesn't taste like maple syrup when it's concentrated like that, but it is what it is.
Boiled down, libertarian ideology is that if you happen to be born to parents with some money and a gun, you can control my life. Sorry if it tastes like fascist bull****.
bmattock
Veteran
You must have missed the part where I said it was broken and needed to be changed, and that what happened to your wife's family was wrong. To hell with that noise indeed.
Yes, sympathy for the oppressed rings kind of hollow when it is followed by an explanation of why it has to be that way. "Sorry you have to lose your family homestead and farm, old chap, but chin up, it's to keep you from becoming an oligarch, so it's for the best."
bmattock
Veteran
Boiled down, libertarian ideology is that if you happen to be born to parents with some money and a gun, you can control my life. Sorry if it tastes like fascist bull****.
Libertarian ideology is that if you earn something, you get to keep it. Boiled down, same thing.
climbing_vine
Well-known
Yes, sympathy for the oppressed rings kind of hollow when it is followed by an explanation of why it has to be that way. "Sorry you have to lose your family homestead and farm, old chap, but chin up, it's to keep you from becoming an oligarch, so it's for the best."
Now I think you're just being a dishonest ass on purpose, because I pointed out twice that the system is broken and that was wrong. Whatever.
bmattock
Veteran
Now I think you're just being a dishonest ass on purpose, because I pointed out twice that the system is broken and that was wrong. Whatever.
You said it was broken but would have to do until something better came along. As opposed to 'throwing the baby out with the bathwater' and dumping the broken system altogether. Whatever indeed.
ernstk
Retro Renaissance
Liberals love to give away other people's money. How I hate them.
So who takes care of the physically and mentally disadvantaged, who through birth or circumstances beyond their control cannot earn enough to live? Who provides food, shelter and healthcare for those that would want to work but are so disabled that they can't?
"F*ck them" Is that what you're saying?
Ernst
climbing_vine
Well-known
Libertarian ideology is that if you earn something, you get to keep it. Boiled down, same thing.
Libertarianism is communism with a different name for the ruling class. And in theory, communism works.
Also, inheritance is the antithesis of earning, so your summation is prima facia bull****.
antiquark
Derek Ross
Boiled down, liberal ideology is forced redistribution of wealth.
Like it or not, taxation can improve the quality of life. There are countries in the world with no taxation or government... they are not nice places to live.
climbing_vine
Well-known
You said it was broken but would have to do until something better came along. As opposed to 'throwing the baby out with the bathwater' and dumping the broken system altogether. Whatever indeed.
I said it should be fixed as best as possible until something better comes along.
Seriously, you should read the words in front of you before flying off the handle. I agree with you more often than not but you're off in the weeds at the moment. Not because of your beliefs but because your emotions are making you ignore what I'm actually saying.
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