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Poll: Most Americans Want Redistribution of Wealth

allpurpleallgoldallpurpleallgold Member Posts: 8,771
in Tug Tavern
https://www.youtube.com/watch?v=FJmAaohHJfc

It scares me that a socialist can gain so much traction.
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  • PurpleJPurpleJ Member Posts: 37,511 Founders Club
    "...and are so mindnumblingly stupid as to not realize that it most redistribution will go straight from the working middle class to the poor."
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  • allpurpleallgoldallpurpleallgold Member Posts: 8,771
    That is not an official quote from the story.
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  • GrundleStiltzkinGrundleStiltzkin Member Posts: 61,515 Standard Supporter
    The reason why we? were founded as a republic.
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  • PurpleJPurpleJ Member Posts: 37,511 Founders Club
    allpurpleallgold said:

    That is not an official quote from the story.

    Sounds like your news source is lying to you.
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  • Lawrence_of_a_LabiaLawrence_of_a_Labia Member Posts: 487
    allpurpleallgold said:

    https://www.youtube.com/watch?v=FJmAaohHJfc

    It scares me that a socialist can gain so much traction.

    I'm sure you jerked off wildly to that video
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  • RaceBannonRaceBannon Member, Swaye's Wigwam Posts: 107,469 Founders Club
    allpurpleallgold said:

    That is not an official quote from the story.

    It was implied

    The politics of envy work. That's why politicians use it
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  • PurpleThrobberPurpleThrobber Member Posts: 44,742 Standard Supporter
    A completely random and non-biased Google Image Search (with safe filters off) lead to me believe that we need a pole to really determine whether conservatism or socialism is the way to go:


    https://www.google.com/search?q=hot+conservative+chicks&biw=1680&bih=925&source=lnms&tbm=isch&sa=X&ved=0ahUKEwj5spXp0t7KAhVN5WMKHYDgBXsQ_AUIBigB

    https://www.google.com/search?q=hot+socialist+chicks&biw=1680&bih=925&source=lnms&tbm=isch&sa=X&ved=0ahUKEwin5M6F0t7KAhVLwWMKHVr0DVcQ_AUIBigB#imgrc=oQKbBslCllNkFM%3A
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  • RoadTripRoadTrip Member, Swaye's Wigwam Posts: 7,913 Founders Club
    HeretoBeatmyChest said:

    The monetary system and monetary policy since the 80s has given birth to and subsidized the financial industry at the expense of everything else. The financial industry as a size of the economy is gigantic. It doesn't create wealth by itself, it only sucks wealth out of everything else productive. It really is only supposed to create wealth indirectly by financing the productive economy which creates the real wealth for society.

    Most people don't have a problem with Bill Gates because he actually produced something. These asshole financial managers who can borrow tons of money at 0.25% and make $250 Million and then have their losses subsidized because it will crash the system are an example of a truly fucked up system. Its socialism for the financial industry.

    There will be a big global debt and monetary reset in the next 10 or so years which will reshape the monetary system and economy positively. However, average people will continue to get hurt leading up to and during the transition.

    Giving people free college or student debt relief at the expense of "the rich" is a terrible idea. College is already somewhat subsidized through loans and that has resulted in a degradation of the quality and usefulness of education and escalating costs.

    And I'll bet Sanders wants to tax people making 250K or even 500K. The problem is not the top 1%. Its the top 0.01% and especially those in the financial industry who earn shitgobs of money and society doesn't benefit. Trump has it right. Raise taxes on these fuckers and do a massive tax cut for the middle class. Incentivize corporations to hire more via lower taxes.

    Whoever wins is going to be dealing with a recession and you will see a massive increase in government spending and probably tax cuts also. The economy will recover and grow faster but inflation is going to become a major problem.

    Is that you Mr. Galt?
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  • 2001400ex2001400ex Member Posts: 29,457
    Here's a couple comments:

    1) most people, including most of you meatheads, don't know what actual socialism is.

    2) pure capitalism will fuck the country up the same as pure socialism will.

    3) now that the economy is better, we should close some loopholes on the wealthy, like tax capital gains over $1,000,000 as ordinary income. (There is no reason why I should pay a higher marginal rate than Warren Buffet or Mitt Romney)

    4) we should close some loopholes on corporations.

    5) after we have more tax revenue, fucking don't spend it on politicians pet projects.

    What will happen? More tax revenue, spending the same, we might actually balance a budget.
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  • HFNYHFNY Member Posts: 5,197 Standard Supporter
    Some hedge funds will do practically anything for an edge (insider trading being the end game).

    Also the long-term decline of interest rates from double digits to basically zero over the last 30+ years has helped push up asset prices (which help the wealthy since they own most assets) but it has especially led to malinvestment since the Great Recession since the hurdle rate companies have needed to get a return exceeding their cost of capital has been so low. That's been especially true in the oil and commodities space because though demand has slowed, commodities have been crushed mostly because of excess capacity since debt has been so cheap.

    The good thing is that with lower gas prices, American households are saving more (which pisses off economists who predicted they would spend gas savings to juice the consumer economy). Since debt is really consumption / investment brought forward, it takes time for debt to be paid off and demand to rise again. I see this as a good thing but companies and the Federal Government have more debt than ever before.

    In fact, the 2015 Federal Budget Deficit rose for the first time since 2009 which is very troubling....Obama and Democrats have raised multiple taxes in the last 7 years but the deficit is still going up?!? WTF.

    Personally, I think government at all levels (city, county, state, Federal) keeps trying to do more and more, adding programs annually but getting less and less. I wish someone would run for Seattle City Mayor and say they aim to combine and eliminate dozens of programs / departments because it's a cluster fuck with less and less accountability.
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  • doogsinparadisedoogsinparadise Member Posts: 9,320
    The economy never recovered because the fucksticks in the bored (lol!) rooms realized that with money so cheap there was no point in hiring back to pre recession levels. That's my thesis. The corporate profit margin index is broken, and basically so is the current version of capitalism. I would love to redistribute my foot up Lloyd Blankfein's ass.
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  • doogsinparadisedoogsinparadise Member Posts: 9,320
    And Alan Greenspan's. Fuck that guy.
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  • GrundleStiltzkinGrundleStiltzkin Member Posts: 61,515 Standard Supporter
    2001400ex said:

    Here's a couple comments:

    1) most people, including most of you meatheads, don't know what actual socialism is.

    2) pure capitalism will fuck the country up the same as pure socialism will.

    3) now that the economy is better, we should close some loopholes on the wealthy, like tax capital gains over $1,000,000 as ordinary income. (There is no reason why I should pay a higher marginal rate than Warren Buffet or Mitt Romney)

    4) we should close some loopholes on corporations.

    5) after we have more tax revenue, fucking don't spend it on politicians pet projects.

    What will happen? More tax revenue, spending the same, we might actually balance a budget.

    More deludedly hopeful than Cuogs on signing day.
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  • RoadTripRoadTrip Member, Swaye's Wigwam Posts: 7,913 Founders Club
    HFNY said:

    Some hedge funds will do practically anything for an edge (insider trading being the end game).

    Also the long-term decline of interest rates from double digits to basically zero over the last 30+ years has helped push up asset prices (which help the wealthy since they own most assets) but it has especially led to malinvestment since the Great Recession since the hurdle rate companies have needed to get a return exceeding their cost of capital has been so low. That's been especially true in the oil and commodities space because though demand has slowed, commodities have been crushed mostly because of excess capacity since debt has been so cheap.

    The good thing is that with lower gas prices, American households are saving more (which pisses off economists who predicted they would spend gas savings to juice the consumer economy). Since debt is really consumption / investment brought forward, it takes time for debt to be paid off and demand to rise again. I see this as a good thing but companies and the Federal Government have more debt than ever before.

    In fact, the 2015 Federal Budget Deficit rose for the first time since 2009 which is very troubling....Obama and Democrats have raised multiple taxes in the last 7 years but the deficit is still going up?!? WTF.

    Personally, I think government at all levels (city, county, state, Federal) keeps trying to do more and more, adding programs annually but getting less and less. I wish someone would run for Seattle City Mayor and say they aim to combine and eliminate dozens of programs / departments because it's a cluster fuck with less and less accountability.

    Do you honestly believe the masses (who finally figured out they could vote themselves money) will vote for someone who says either more pigs get slaughtered or their trough be emptied? When a system like Seattle's has gone down the path of big government as it has, I honestly can't see it being turned around by the local voters who seemingly benefit from the corruption. Unfortunately, I believe it has to get so bad that the decision is no longer theirs.
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  • SwayeSwaye Moderator, Swaye's Wigwam Posts: 41,533 Founders Club
    TheGlove said:

    HeretoBeatmyChest said:

    The monetary system and monetary policy since the 80s has given birth to and subsidized the financial industry at the expense of everything else. The financial industry as a size of the economy is gigantic. It doesn't create wealth by itself, it only sucks wealth out of everything else productive. It really is only supposed to create wealth indirectly by financing the productive economy which creates the real wealth for society.

    Most people don't have a problem with Bill Gates because he actually produced something. These asshole financial managers who can borrow tons of money at 0.25% and make $250 Million and then have their losses subsidized because it will crash the system are an example of a truly fucked up system. Its socialism for the financial industry.

    There will be a big global debt and monetary reset in the next 10 or so years which will reshape the monetary system and economy positively. However, average people will continue to get hurt leading up to and during the transition.

    Giving people free college or student debt relief at the expense of "the rich" is a terrible idea. College is already somewhat subsidized through loans and that has resulted in a degradation of the quality and usefulness of education and escalating costs.

    And I'll bet Sanders wants to tax people making 250K or even 500K. The problem is not the top 1%. Its the top 0.01% and especially those in the financial industry who earn shitgobs of money and society doesn't benefit. Trump has it right. Raise taxes on these fuckers and do a massive tax cut for the middle class. Incentivize corporations to hire more via lower taxes.

    Whoever wins is going to be dealing with a recession and you will see a massive increase in government spending and probably tax cuts also. The economy will recover and grow faster but inflation is going to become a major problem.

    TL;DR: buy gold ammo and a bunker.
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