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The pope on income re-distribution
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windoggie



Joined: 22 Feb 2002
Posts: 2406

PostPosted: Mon Dec 02, 2013 1:11 pm    Post subject: Reply with quote

Jesus is a businessman...proof!
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mac



Joined: 07 Mar 1999
Posts: 5374

PostPosted: Mon Dec 02, 2013 6:49 pm    Post subject: Reply with quote

Wait a minute--didn't he throw the moneychangers out of the temple? And that was before they repealed Glass-Steagall and stole trillions. I think the Pope--and Pliny--got this one right. I think that the hysterical righties who rant about spending other people's money have this one wrong. Just saying...
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nw30



Joined: 21 Dec 2008
Posts: 1810
Location: The eye of the universe, Cen. Cal. coast

PostPosted: Mon Dec 02, 2013 7:36 pm    Post subject: Reply with quote

mac wrote:
I think that the hysterical righties who rant about spending other people's money have this one wrong. Just saying...

So where does the money come from? Hmm?
It's called taxes.
Did I really have to point that out?

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pueno



Joined: 03 Mar 2007
Posts: 2708

PostPosted: Mon Dec 02, 2013 7:49 pm    Post subject: Reply with quote

nw30 wrote:

So where does the money come from? Hmm?
It's called taxes.
Did I really have to point that out?

And it's high time that taxes be INCREASED, starting with those making over $350,000 yearly.
.
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DanWeiss



Joined: 24 Jun 2008
Posts: 1961
Location: Connecticut, USA

PostPosted: Mon Dec 02, 2013 11:18 pm    Post subject: Reply with quote

nw30 wrote:

So where does the money come from? Hmm?
It's called taxes.
Did I really have to point that out?


Taxes yes, in part. But also licensing fees, application fees, rent, leases, bond sales, interest charged on loans, arbitrage . . .

nw30, sarcastic absolutes prompt my reply. It's hard to know whether you are merely bouncing a ball hoping you'll get a rebound or honestly don't know certain stuff about how government works.

If you posted in the latter frame of mind, that's cool. But if you are doing little else but actively tossing flaming cocktails into a mostly legit discussion, please stop. The issues deserve better.

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stevenbard



Joined: 11 Nov 1993
Posts: 4231

PostPosted: Tue Dec 03, 2013 12:21 am    Post subject: Reply with quote

mac wrote:
Wait a minute--didn't he throw the moneychangers out of the temple? And that was before they repealed Glass-Steagall and stole trillions. I think the Pope--and Pliny--got this one right. I think that the hysterical righties who rant about spending other people's money have this one wrong. Just saying...


I'm the only one on the forum who wanted to let the bankers go broke. I'd have thrown the money changers out on their asses. Small banks would have survived and thrived. Home prices would have fallen and we'd all be buying houses on the bay for 20 cents on the dollar. (could it get any better for those earning minimum wage?) This Pope is an idiot if he thinks socialism works. It never will. Pure capitalism with no tax credits for big oil or big banks. That's what Jesus would have been for. BIG GOVERNMENT KILLED JESUS!
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stevenbard



Joined: 11 Nov 1993
Posts: 4231

PostPosted: Tue Dec 03, 2013 12:28 am    Post subject: Reply with quote

pueno wrote:
nw30 wrote:

So where does the money come from? Hmm?
It's called taxes.
Did I really have to point that out?

And it's high time that taxes be INCREASED, starting with those making over $350,000 yearly.
.


You want to tax Mom and Pop when they sell their business for $1 million? Idiot...Why not tax the billionaires who crawl on their bellies to Obama for their Crony Capitalist benefits?

Old Pop worked his whole life to save a million for retirement and you want to tax him? Unbelievable. I suppose you're also happy with printing billions while mom and pops savings are making zero. All this while the big boys are making trillions on Wall Street because of the money printing. Trickle down bullshit is what I say.
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pueno



Joined: 03 Mar 2007
Posts: 2708

PostPosted: Tue Dec 03, 2013 5:25 am    Post subject: Reply with quote

stevenbard wrote:

You want to tax Mom and Pop when they sell their business for $1 million? Idiot...Why not tax the billionaires who crawl on their bellies to Obama for their Crony Capitalist benefits?

Old Pop worked his whole life to save a million for retirement and you want to tax him? Unbelievable. I suppose you're also happy with printing billions while mom and pops savings are making zero. All this while the big boys are making trillions on Wall Street because of the money printing. Trickle down bullshit is what I say.

Yes. The excess above $350K (which would be $650K) should be taxed an extra few percent.

The excess above one million should be taxed a few more percent.

The excess above 5 mill should be taxed a few percent above that.

And so on.

And the folks like the Romneys...... let's get back to the 50% tax bracket. The Romneys won't go hungry. And we can then see just how much those folks (those "job creators" -- remember that BS?) truly want to help the US.

And finally, Mr. B, you and I agree on something. Trickle down is total BULLSHIT that came from Reagan and the righties, including Paul Ryan and the Mittster.
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boggsman1



Joined: 24 Jun 2002
Posts: 3615
Location: at a computer

PostPosted: Tue Dec 03, 2013 9:26 am    Post subject: Reply with quote

stevenbard wrote:
mac wrote:
Wait a minute--didn't he throw the moneychangers out of the temple? And that was before they repealed Glass-Steagall and stole trillions. I think the Pope--and Pliny--got this one right. I think that the hysterical righties who rant about spending other people's money have this one wrong. Just saying...


I'm the only one on the forum who wanted to let the bankers go broke. I'd have thrown the money changers out on their asses. Small banks would have survived and thrived. Home prices would have fallen and we'd all be buying houses on the bay for 20 cents on the dollar. (could it get any better for those earning minimum wage?) This Pope is an idiot if he thinks socialism works. It never will. Pure capitalism with no tax credits for big oil or big banks. That's what Jesus would have been for. BIG GOVERNMENT KILLED JESUS!

Steve...I will respectfully disagree with you, again. If you let the banks fail, i.e. Bankruptcy...their assets would have been sold off in court, ala Lehman. This would have CRUSHED house prices, and the balance sheets of small banks...nobody would have been spared. Its a fantasy to say let the banks fail, we saw the carnage when we let ONE IB fail.
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stevenbard



Joined: 11 Nov 1993
Posts: 4231

PostPosted: Tue Dec 03, 2013 12:03 pm    Post subject: Reply with quote

Boggs, IMO the people who saved or invested wisely would have been the winners. The poor would have been the winners. The houses selling for 20 cents on the dollar would not have gone vacant. They would have been occupied by "Mom and Pop" and other savers.

Current approval of congress is at 6%. I don't defend Republicans, but even their approval has moved higher than the Democrats today. (last poll) Voters would have cleaned house 5 years ago had the collapse been allowed to happen. We would all be paying less for housing. (our largest expenditure)

This would have truly been the biggest boom to the poor. They finally would have been put on par with the rich. The most talented in our society would have been able to rise to the top by now.

Taxes only redistribute wealth to the government. Haven't you lefties learned this by now?
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