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Re: The Rise of Authoritarian Capitalism

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Message 1 of 28

@gruffstuff wrote:

 

Naturally companies will always try to get the most for the least, in a competitive market place that is essential. The alternative is a non-competitive market place. Is that what you are recommending?

 

What I recommend is a minimum wage indexed for inflation, Medicare for all,  a national mandatory 401K retirement plan in which the employer is required to contribute at least 2% of wages AND a fully funded Social Security plan.

 

The 1% won't make money?

 

They already take $ .85 of every dollar.

 

 

 


Sounds like government will be providing ALL the jobs in YOUR new world since private companies won't be able to survive under your constraints. Not only will the 1% not make money, unless the government cranks up the printing presses to make more (less valuable) money, but the average Joe will have more money that buys less. Everybody rich is the same as everybody poor!

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Re: The Rise of Authoritarian Capitalism

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Message 2 of 28

@gruffstuff wrote:

 

Naturally companies will always try to get the most for the least, in a competitive market place that is essential. The alternative is a non-competitive market place. Is that what you are recommending?

 

What I recommend is a minimum wage indexed for inflation, Medicare for all,  a national mandatory 401K retirement plan in which the employer is required to contribute at least 2% of wages AND a fully funded Social Security plan.

 

The 1% won't make money?

 

They already take $ .85 of every dollar.

 

 

 Sounds like you are calling for guaranteed inflation that helps no one and wealth redistribution.


 

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Re: The Rise of Authoritarian Capitalism

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Message 3 of 28

 

Naturally companies will always try to get the most for the least, in a competitive market place that is essential. The alternative is a non-competitive market place. Is that what you are recommending?

 

What I recommend is a minimum wage indexed for inflation, Medicare for all,  a national mandatory 401K retirement plan in which the employer is required to contribute at least 2% of wages AND a fully funded Social Security plan.

 

The 1% won't make money?

 

They already take $ .85 of every dollar.

 

 

 

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Re: The Rise of Authoritarian Capitalism

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Message 4 of 28

 banks no longer care about creditworthiness since they typically now bundle up many mortgages and "sell them" to another financial institution. 

 

Most of the problems came from mortgage companies that didn't have to follow the same rules as banks in lending.

 

Banks didn't fail, mortgage companies, appraisers,  Wall Street, and companies that rate investments, like Moodys did. Though I would not call it a fail for them, they make lots of money and no banker went to jail.

 

It was a scheme, a swindle,  bundle a few A rated , some Bs, and a bunch of Cs or lower into a package and sell that to investors as A rated bonds.

 

Then blame the collapse on the poor.

 

 

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Re: The Rise of Authoritarian Capitalism

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Message 5 of 28

The Pre-Reagan Corporate Oligarchs DID work to increase their WEALTH by working to GROW THE ENTIRE ECONOMY - and in the 15 years 1950 TO 1964, when the TMR was 91% AND wages increased lock-step with increases in worker productivity, the AVERAGE GDP increase was 4.6%. The bosses didn't receive huge compensation increases, but the value of their stock more than made up for it. The reason thinking Americans want to get back to the 91% TMR is it made things MUCH better for EVERYONE, and paid for our government with minimal borrowing.

 

The ONLY thing "rosy" about the American Economy is the Stock Market, which stopped reflecting anything but the interaction of complicated mathematical algorithms a decade ago. By the way, last week was the WORST market performance in 6 MONTHS - Der Trumper's taxscam and moronic Trade Wars are beginning to produce their actual results.

 

The low unemployment is due to so many Americans simply giving up ever finding a job, and Middle Class WAGES have DECREASED since the Orange Toad slumped into the White House.

 

Over 90% of all the gains in income have gone to the top 1%, and the Middle Class continues to LOSE "net worth" as their wealth is sucked up to the top of the 1% courtesy Republican tax law and deregulation.

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Re: The Rise of Authoritarian Capitalism

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Message 6 of 28

@Olderscout66 wrote:

@NOTHAPPENING wrote:

@Olderscout66 wrote:

@NOTHAPPENING wrote:

For the Democrat Party to win votes, they must come up with a message that voters want to hear. Some suggestions would be ideas that would give Americans more opportunity for success like job incentives, lower taxes, less regulations/laws, streamline government, etc. You have a choice: - change or lose!

 

 


Problem for Republicans is not one of their ideas to give Americans more opportunity for success have EVER WORKED, and never will because they are totally flawed and have nothing to do with "opportunity" or "success".

Republicans and Democrats don't make opportunities for Americans. You make them yourself by getting educated, obtain a skill that is needed, and by being the best at whatever skill you have. Don't EVER expect government to assist you with this!

Just another absurd GOPer Dogma. You get educated and obtain skills IN SCHOOL which is only there because of GOVERNMENT support to education. My Reserve drill pay covered most of my under grad degree and the GI Bill paid for my Masters, as was the case for millions of other Americans, and because of Revenue Sharing, my college education cost around $150/semester at a time the minimum wage ($1.40-2.00) could cover that in a couple weeks.

 

Their deregulation of Wall Street and the Banksers destroyed the World financial system, threw 40 million Americans out of their jobs and 8 million out of their homes. their deregulation of coal will KILL an ADDITIONAL (added to the 13,000 who are already dying each year) 1400 Americans.

 

Their numerous taxscams only cut the burden for the very wealthy and actually INCREASE the financial burden for tha average American while eroding our infrastructure, including the schools that educate our children who represent our future, which is why we now rank in the low 20's in just about every measure of well being instead of #1 as we were when the TMR was 91% and 60% of Americans paid virtually no Federal income tax.

No one should EVER be burdened by onerous taxes like 91% because that is a disincentive to working harder. When tax cuts are implemented, they go to the ones paying taxes (you already know this) and not the way you want it where the tax cuts go to the ones that didn't pay the tax. There was nobody paying 91% NOT EVER- Those in the TMR of 91% paid around 60%, and NOBODY resigned their position because their taxes were too high, nor is there evidence anyone stopped looking for a promotion because it would shift them into a higher bracket. The notion higher marginal rates stiffels initiative is a lie without an iota of actual evidence to support it. Only RW idelogues pretend taxes are handed over to the undeserving poor, it helps justify their hatred of those who are not paid enough to live on. Only the mathematically challenged believe Republicans have actually given the Middle Class tax cuts that increased their real income.

 

As for the deregulation wonders - deregulating Wall Street and slashing the TMR from 65% to 25% are the primary causes of the 1929 Market Crash and Republican refusal to expand Government spending to create jobs is the SOLE cause of the insuing Great Depression. Same thing happened in 2008, but DEMOCRATS agreed to a bailout of the totally mismanaged banks and thus averted the 40% unemployment Republican policies would've brought us.


 


 


I never said 100% of all your salary was taxed at 91% since it is a graduated tax system. If you were lucky enough to be in that 91% bracket, the government provided an incentive not to try to earn more (since all future earnings were at 91%). Only people with little to no education and no marketable skills want the system you crave. The reason why America is again prosperous is because of the tax cuts, increased employment, and less regulations because of Trump.

 

If we had another Obama (heaven help us), you would see the economy doing the opposite of what it's doing now. It is the mathematically challenged who think government is the answer to all problems.

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Re: The Rise of Authoritarian Capitalism

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Message 7 of 28

@rk9152 wrote:

@Olderscout66 wrote:

@NOTHAPPENING wrote:

For the Democrat Party to win votes, they must come up with a message that voters want to hear. Some suggestions would be ideas that would give Americans more opportunity for success like job incentives, lower taxes, less regulations/laws, streamline government, etc. You have a choice: - change or lose!

 

 


Problem for Republicans is not one of their ideas to give Americans more opportunity for success have EVER WORKED, and never will because they are totally flawed and have nothing to do with "opportunity" or "success".

 

Their deregulation of Wall Street and the Banksers destroyed the World financial system, threw 40 million Americans out of their jobs and 8 million out of their homes. their deregulation of coal will KILL an ADDITIONAL (added to the 13,000 who are already dying each year) 1400 Americans.

 

Their numerous taxscams only cut the burden for the very wealthy and actually INCREASE the financial burden for tha average American while eroding our infrastructure, including the schools that educate our children who represent our future, which is why we now rank in the low 20's in just about every measure of well being instead of #1 as we were when the TMR was 91% and 60% of Americans paid virtually no Federal income tax.


While you love to blame the GOPers, GOPerLords, GOPerDupes and the rest of the silliness, a very important element was missing from your "bankster" post - both Parties bought into the "too big to fail" concept and that is where things fell apart.


I blame those who caused the problem and those who support a repeat.

 

More salacious lies from the RW. The "Too Big To Fail" was ONLY a factor because Republicans had refused to exercise any reason or logic in approving a stream of mergers that shrank the number of small banks by 28% from 2000 to 2014 and allowed the share of total deposits held by the FIVE largest banks to grow from 19.5% to 40.4% in the same period.

 

Democrats fought against the creation of the "Too Big To Fail" banks at every step, BUT since they love America more than Party Dogma, they agreed to bail out the Republican creation of FRANKENBANK to save the economy. Then they pushed thru Dodd-Frank in an attempt to restore the "order in the system" that we had for 50 years with Glass-Steagall. GOPers have been quietly disembowling Dodd Frank ever since, and their deregulation has primed the system for an even greater failure than jrbush gave us in 2008.

 

Then those banks, AFTER receiving $700BILLION in tax dollars so they could begin lending again, REFUSED TO LEND MONEY, driving the economy into the deepest depression since the one the GOPers gave us in 1929. Instead of lending to the private sector, the banks BOUGHT US TREASURY NOTES which paid a higher interest than the REPUBLICANS had arranged for the $700BILLION bailout loans, and for that wonderful management style, they gave all their executives (who should have been jailed) even bigger bonuses.

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Re: The Rise of Authoritarian Capitalism

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Message 8 of 28

@NOTHAPPENING wrote:

@Olderscout66 wrote:

@NOTHAPPENING wrote:

For the Democrat Party to win votes, they must come up with a message that voters want to hear. Some suggestions would be ideas that would give Americans more opportunity for success like job incentives, lower taxes, less regulations/laws, streamline government, etc. You have a choice: - change or lose!

 

 


Problem for Republicans is not one of their ideas to give Americans more opportunity for success have EVER WORKED, and never will because they are totally flawed and have nothing to do with "opportunity" or "success".

Republicans and Democrats don't make opportunities for Americans. You make them yourself by getting educated, obtain a skill that is needed, and by being the best at whatever skill you have. Don't EVER expect government to assist you with this!

Just another absurd GOPer Dogma. You get educated and obtain skills IN SCHOOL which is only there because of GOVERNMENT support to education. My Reserve drill pay covered most of my under grad degree and the GI Bill paid for my Masters, as was the case for millions of other Americans, and because of Revenue Sharing, my college education cost around $150/semester at a time the minimum wage ($1.40-2.00) could cover that in a couple weeks.

 

Their deregulation of Wall Street and the Banksers destroyed the World financial system, threw 40 million Americans out of their jobs and 8 million out of their homes. their deregulation of coal will KILL an ADDITIONAL (added to the 13,000 who are already dying each year) 1400 Americans.

 

Their numerous taxscams only cut the burden for the very wealthy and actually INCREASE the financial burden for tha average American while eroding our infrastructure, including the schools that educate our children who represent our future, which is why we now rank in the low 20's in just about every measure of well being instead of #1 as we were when the TMR was 91% and 60% of Americans paid virtually no Federal income tax.

No one should EVER be burdened by onerous taxes like 91% because that is a disincentive to working harder. When tax cuts are implemented, they go to the ones paying taxes (you already know this) and not the way you want it where the tax cuts go to the ones that didn't pay the tax. There was nobody paying 91% NOT EVER- Those in the TMR of 91% paid around 60%, and NOBODY resigned their position because their taxes were too high, nor is there evidence anyone stopped looking for a promotion because it would shift them into a higher bracket. The notion higher marginal rates stiffels initiative is a lie without an iota of actual evidence to support it. Only RW idelogues pretend taxes are handed over to the undeserving poor, it helps justify their hatred of those who are not paid enough to live on. Only the mathematically challenged believe Republicans have actually given the Middle Class tax cuts that increased their real income.

 

As for the deregulation wonders - deregulating Wall Street and slashing the TMR from 65% to 25% are the primary causes of the 1929 Market Crash and Republican refusal to expand Government spending to create jobs is the SOLE cause of the insuing Great Depression. Same thing happened in 2008, but DEMOCRATS agreed to a bailout of the totally mismanaged banks and thus averted the 40% unemployment Republican policies would've brought us.


 


 

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Re: The Rise of Authoritarian Capitalism

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Message 9 of 28

@Olderscout66 wrote:

@NOTHAPPENING wrote:

For the Democrat Party to win votes, they must come up with a message that voters want to hear. Some suggestions would be ideas that would give Americans more opportunity for success like job incentives, lower taxes, less regulations/laws, streamline government, etc. You have a choice: - change or lose!

 

 


Problem for Republicans is not one of their ideas to give Americans more opportunity for success have EVER WORKED, and never will because they are totally flawed and have nothing to do with "opportunity" or "success".

Republicans and Democrats don't make opportunities for Americans. You make them yourself by getting educated, obtain a skill that is needed, and by being the best at whatever skill you have. Don't EVER expect government to assist you with this!

 

Their deregulation of Wall Street and the Banksers destroyed the World financial system, threw 40 million Americans out of their jobs and 8 million out of their homes. their deregulation of coal will KILL an ADDITIONAL (added to the 13,000 who are already dying each year) 1400 Americans.

 

Their numerous taxscams only cut the burden for the very wealthy and actually INCREASE the financial burden for tha average American while eroding our infrastructure, including the schools that educate our children who represent our future, which is why we now rank in the low 20's in just about every measure of well being instead of #1 as we were when the TMR was 91% and 60% of Americans paid virtually no Federal income tax.

No one should EVER be burdened by onerous taxes like 91% because that is a disincentive to working harder. When tax cuts are implemented, they go to the ones paying taxes (you already know this) and not the way you want it where the tax cuts go to the ones that didn't pay the tax.


 

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Re: The Rise of Authoritarian Capitalism

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Message 10 of 28

@Olderscout66 wrote:

@NOTHAPPENING wrote:

For the Democrat Party to win votes, they must come up with a message that voters want to hear. Some suggestions would be ideas that would give Americans more opportunity for success like job incentives, lower taxes, less regulations/laws, streamline government, etc. You have a choice: - change or lose!

 

 


Problem for Republicans is not one of their ideas to give Americans more opportunity for success have EVER WORKED, and never will because they are totally flawed and have nothing to do with "opportunity" or "success".

 

Their deregulation of Wall Street and the Banksers destroyed the World financial system, threw 40 million Americans out of their jobs and 8 million out of their homes. their deregulation of coal will KILL an ADDITIONAL (added to the 13,000 who are already dying each year) 1400 Americans.

 

Their numerous taxscams only cut the burden for the very wealthy and actually INCREASE the financial burden for tha average American while eroding our infrastructure, including the schools that educate our children who represent our future, which is why we now rank in the low 20's in just about every measure of well being instead of #1 as we were when the TMR was 91% and 60% of Americans paid virtually no Federal income tax.


While you love to blame the GOPers, GOPerLords, GOPerDupes and the rest of the silliness, a very important element was missing from your "bankster" post - both Parties bought into the "too big to fail" concept and that is where things fell apart.

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