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Poll: Most Americans Want Redistribution of Wealth

allpurpleallgold
allpurpleallgold Member Posts: 8,771
https://www.youtube.com/watch?v=FJmAaohHJfc

It scares me that a socialist can gain so much traction.
«13

Comments

  • PurpleJ
    PurpleJ Member Posts: 37,643 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."
  • allpurpleallgold
    allpurpleallgold Member Posts: 8,771
    That is not an official quote from the story.
  • GrundleStiltzkin
    GrundleStiltzkin Member Posts: 61,516 Standard Supporter
    The reason why we? were founded as a republic.
  • PurpleJ
    PurpleJ Member Posts: 37,643 Founders Club

    That is not an official quote from the story.

    Sounds like your news source is lying to you.
  • 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
  • RaceBannon
    RaceBannon Member, Moderator, Swaye's Wigwam Posts: 113,894 Founders Club

    That is not an official quote from the story.

    It was implied

    The politics of envy work. That's why politicians use it
  • RoadTrip
    RoadTrip Member, Swaye's Wigwam Posts: 8,147 Founders Club

    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?
  • 2001400ex
    2001400ex 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.
  • HFNY
    HFNY Member Posts: 5,390
    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.
  • doogsinparadise
    doogsinparadise 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.
  • doogsinparadise
    doogsinparadise Member Posts: 9,320
    And Alan Greenspan's. Fuck that guy.
  • GrundleStiltzkin
    GrundleStiltzkin Member Posts: 61,516 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.
  • RoadTrip
    RoadTrip Member, Swaye's Wigwam Posts: 8,147 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.
  • Swaye
    Swaye Moderator, Swaye's Wigwam Posts: 41,739 Founders Club
    TheGlove 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.
  • Kaepsknee
    Kaepsknee Member Posts: 14,913

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

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

    I'm hearing The Morning Consult Poll brought to you by the The Young Turks Network would have no partisan bias at at all.

    JWIHDT!
  • Kaepsknee
    Kaepsknee Member Posts: 14,913
    You raise taxes on the ultra rich, they move out of country. And who really cares if they do.

    You raise taxes on big corporations, they move out of country and take a ton of jobs with them. One should care about that.

    You raises taxes on people making less than $500,000 per year, it's a nice feel good for the little guy but is a drop in the bucket in increased tax revenue.



  • dhdawg
    dhdawg Member Posts: 13,326
    edited February 2016

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

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

    flagged again for the young regressives.
    They make hondo sound like donald trump when talking about islam
  • Swaye
    Swaye Moderator, Swaye's Wigwam Posts: 41,739 Founders Club
    dflea said:

    Most Americans are stupid and lazy so this is no surprise.

    Of course, my capitalist company is full of lazy and stupid motherfuckers, and nobody fires them - they fire the people who call out the stupid and lazy motherfuckers because that's what HR-heavy companies do. There simply is no reason to work hard and produce because it's all about whose ass your nose is planted in, not what you do to pull money in.

    This country is all about coddling dumbfucks and losers. It won't change until the whole shit comes crashing down and dumbfucks and lazy assholes die like they should have years ago.

    Fucking this.
  • PurpleJ
    PurpleJ Member Posts: 37,643 Founders Club
    dflea said:

    Most Americans are stupid and lazy so this is no surprise.

    Of course, my capitalist company is full of lazy and stupid motherfuckers, and nobody fires them - they fire the people who call out the stupid and lazy motherfuckers because that's what HR-heavy companies do. There simply is no reason to work hard and produce because it's all about whose ass your nose is planted in, not what you do to pull money in.

    This country is all about coddling dumbfucks and losers. It won't change until the whole shit comes crashing down and dumbfucks and lazy assholes die like they should have years ago.

    Exactly, and it's like I said before....

    I will respect Dems when they back up their 99% shit with some guillotines and I will respect the Repubs when they back up their gun nut tea party shit by going full Confederacy on our Yankee asses.
  • RaceBannon
    RaceBannon Member, Moderator, Swaye's Wigwam Posts: 113,894 Founders Club
  • PurpleJ
    PurpleJ Member Posts: 37,643 Founders Club

    Our?

    You're right.

    *their

    Roll Tide! SECede SECede SECede!
  • RoadTrip
    RoadTrip Member, Swaye's Wigwam Posts: 8,147 Founders Club
    dflea said:

    Most Americans are stupid and lazy so this is no surprise.

    Of course, my capitalist company is full of lazy and stupid motherfuckers, and nobody fires them - they fire the people who call out the stupid and lazy motherfuckers because that's what HR-heavy companies do. There simply is no reason to work hard and produce because it's all about whose ass your nose is planted in, not what you do to pull money in.

    This country is all about coddling dumbfucks and losers. It won't change until the whole shit comes crashing down and dumbfucks and lazy assholes die like they should have years ago.

    Someone has gotten older