Occupy Wallstreet... and Bs As?

[JWB]

Just a remainder to everybody: corporations do not produce products... people do.
A corporation is not a person (despite crazy US jurisprudence). The same people will produce the same or better products when capitalist corporations are forgotten in the dustbin of history, sharing a room with feudalism, slave owners and Ayn Rand. The money came from somewhere, it could come from somewhere else. The fact is that people work, people have ideas, people produce.

WTF are you smoking??? Do you actually believe the dribble that comes from your mouth or are you just arguing for arguments sake?? This has to be one of the most ignorant statements I have read on this subject (and there have been a LOT).

 

[JWB]

Another showing of the "real" reason these idiots are protesting. Nothing more than class-warfare, pure and simple. Steal from the creators and give to the takers.

And now that Obama's/Soros's Moveon.Org is involved the direct link to the WH is obvious and clear to go along with his ridiculous class-warfare "jobs" plan (aka, stimulus 2).

It has NOTHING to do with jobs...many of the protestors have been asked straight out, if someone came and offered you a job right now, would you accept? Answer: NO

http://tinyurl.com/3w98wnc

 

[Matt84]

and that is why you wouldn't recommend the Hotel Bauen to a friend

 

[steveinbsas]

Maybe the collapse of Crony Capitalism.

Part of real capitalism is failure. If the banks had been allowed to fail then competent management at regional banks would have taken up the slack. Instead regional banks are being loaded with new regulations designed by big bank lobbyist to keep the big banks protected.

Capitalism works but unfortunately the greedy crony capitalists through their corrupt agenda are going to drive the people to socialism.

Crony capitalists (along with everyone else who seeks favors from the government) are socialists.

I actually prefer the "all inclusive" term: collectivists.

 

[French jurist]

Too bad this thread is turning into a sterile confrontation, it's an important situation to discuss (globally).

This crisis reminds the 1870s one (when the swift of power from UK/France started benefiting the US).

Who in this thread consider the 2007 crisis has ended? (i.e. is V shaped, not W)

I like to think that quite soon the Argentinean model to deal with a crisis will be further analysed & investigated!

 

[Joe]

Here is what should be done:

Joe's 10-5-10-5 Plan

1) Reduce corporate and income taxes to 10% to encourage work and investment.
2) Create a sales (consumption) tax of 5% to encourage savings
3) Create an asset tax on families with over $10 million in assets of .5% per annum.

The consumption and asset tax will make up for the reduced revenues from the income and corporate taxes.

Since we all know that wealth has flowed to the very rich this is a way to get them to finally pay their share.

With these lower corporate taxes many of the jobs that have been offshored would be relocated back to the US!

The uber-rich might not be able to get that new customized G-4 they were drooling over but at least they would be safe in their mansions from the rabble with their torch and pitchfork brigades.

 

[JWB]

Here is the what should be done:

Joe's 10-5-10-5 Plan

1) Reduce corporate and income taxes to to 10% to encourage work and investment.
2) Create a sales (consumption) tax of 5% to encourage savings
3) Create an asset tax on families with over $10 million in assets of 5% per annum.

The consumption and asset tax will make up for the reduced revenues from the income and corporate taxes.

Since we all know that wealth has flowed to the very rich this is a way to get them to finally pay their share.

With these lower corporate taxes many of the jobs that have been offshored would be relocated back to the US!

The uber-rich might not be able to get that new customized G-4 they were drooling over but at least they would be safe in their mansions from the rabble with their torch and pitchfork brigades.

Hi Joe, not a bad idea. Still, not a big fan of placing additional taxes on the rich for any reason, especially the "fair share" mantra, come on now.

Have you analyzed Herman Cain's 9,9,9 plan? It's really an amazing plan and many of the economists that have looked at it and made comments say it is "brilliant"

Read this...talks about a little situation I got in a week ago regarding "fair share":

http://jaredontheright.blogspot.com/

 

[French jurist]

Here is the what should be done:

Joe's 10-5-10-5 Plan

1) Reduce corporate and income taxes to 10% to encourage work and investment.
2) Create a sales (consumption) tax of 5% to encourage savings
3) Create an asset tax on families with over $10 million in assets of 5% per annum.

The consumption and asset tax will make up for the reduced revenues from the income and corporate taxes.

Since we all know that wealth has flowed to the very rich this is a way to get them to finally pay their share.

With these lower corporate taxes many of the jobs that have been offshored would be relocated back to the US!

The uber-rich might not be able to get that new customized G-4 they were drooling over but at least they would be safe in their mansions from the rabble with their torch and pitchfork brigades.

You're joking for the 5% per annum tax on assets, right?!
0.5% would be fair (typo?)

 

[Joe]

Hi Joe, not a bad idea. Still, not a big fan of placing additional taxes on the rich for any reason, especially the "fair share" mantra, come on now.

Have you analyzed Herman Cain's 9,9,9 plan? It's really an amazing plan and many of the economists that have looked at it and made comments say it is "brilliant"

Read this...talks about a little situation I got in a week ago regarding "fair share":

http://jaredontheright.blogspot.com/

The problem is that all the money is in the hands of the uber-rich. If the budget is going to be balanced some day, the only way is through an asset tax.

Joe Six Pack's $30K job as a trucker ain't going to cut it.

The government spends approximately $18K per capita in the USA. So for a family of four the goverment is spending (fed, state and local) 18x4 = $72K.

The government is spending more then $70K per the average family!

Other than inflating the problem away the only solution is an asset tax. To me it is also the fairest solution given the obscene distribution of weath in the country.

Cain's 9-9-9 plan would force the poor and middle class to pay more and the rich to pay EVEN LESS making income disparity even worse!

 

[Lucas]

Another showing of the "real" reason these idiots are protesting. Nothing more than class-warfare, pure and simple. Steal from the creators and give to the takers.

And now that Obama's/Soros's Moveon.Org is involved the direct link to the WH is obvious and clear to go along with his ridiculous class-warfare "jobs" plan (aka, stimulus 2).

It has NOTHING to do with jobs...many of the protestors have been asked straight out, if someone came and offered you a job right now, would you accept? Answer: NO

http://tinyurl.com/3w98wnc

An easy and effective form to discredit a popular movement is to introduce a bunch of undercover fake 'piqueteros' to infiltrate the crowd with some inflammatory extremist written banners and then send a mercenary journalist to ask these 'piqueteros' a few short and doctored questions, record everything audio and images and then publish that crap into the media, the rests is even more easy the idiots who read, listen this misinformation will start to reproduce it by any conceivable means of communication they have to hand be this an iPhone, an iPad, an Apple, a PC Computer or even a Blackberry, it will fill the waves as fast and quick as when you withdraw your hand from a bucket of water.

An example of this here in this forum are those famous shoes "the Argentine president purchased 20 pairs of Christian Louboutin shoes, at approximately $5,500 a pair."....next hour already we have a couple on post published here with this yellow doctored misinformation.