Richest Are Leaving Even the Rich Far Behind

[lazs2]

hmm.... so microsoft and enron/energy companies are ruthless monopolies taking our money but public schools and their teachers unions are the "good" monopolies?

I say competition is good in every case.  

How is confiscating wealth any kind of solution if you wish to maintain a republic?  Economic systems and political syustems must function together.

Now... I don't know how old oboe and raider and silat are but... this is the way it goes..

When we are in school our parents take care of us and money is meaningless... we think that they get it for slacking off or whatever and all we see is the poor people around us who don't have enough and we feel that people like our parents should give away their easily gotten money to help..

We get older and struggle with school and first jobs and feel that... everyone with more than $10,000 a year should be helping us to be fair.

We get a decent job and married and we feel that we can barely support our family (no matter what we make) and that everyone making a lot more than us should be paying to take care of every social problem we can dream up..

We raise kids and think that even tho we make 10 times what we originaly considered rich... we need every penny to get our kids going and help our grandkids and that the super rich need to pay for a our now much smaller list of "vital" social programs.

lazs

[JB88]

Originally posted by Steve
ROFL.  sorry, I didn't know I was conversing w/ a fool.  I'll go back to dismissing anything you post as worthless tripe.  Carry on.

well then steve, since you are well versed in these things, perhaps you might enlighten the rest of us on what caused the power screw in california.

[storch]

Originally posted by lazs2
hmm.... so microsoft and enron/energy companies are ruthless monopolies taking our money but public schools and their teachers unions are the "good" monopolies?

I say competition is good in every case.  

How is confiscating wealth any kind of solution if you wish to maintain a republic?  Economic systems and political syustems must function together.

Now... I don't know how old oboe and raider and silat are but... this is the way it goes..

When we are in school our parents take care of us and money is meaningless... we think that they get it for slacking off or whatever and all we see is the poor people around us who don't have enough and we feel that people like our parents should give away their easily gotten money to help..

We get older and struggle with school and first jobs and feel that... everyone with more than $10,000 a year should be helping us to be fair.

We get a decent job and married and we feel that we can barely support our family (no matter what we make) and that everyone making a lot more than us should be paying to take care of every social problem we can dream up..

We raise kids and think that even tho we make 10 times what we originaly considered rich... we need every penny to get our kids going and help our grandkids and that the super rich need to pay for a our now much smaller list of "vital" social programs.

lazs

that pretty much sums up all the titlatchers i've ever met.

[GtoRA2]

Originally posted by JB88
well then steve, since you are well versed in these things, perhaps you might enlighten the rest of us on what caused the power screw in california.

Gray Davis?

[Flit]

4 pages of this stuff, and I'm Still trying to figure out how someone making 10 million a year pays less in taxes then someone making 100k

[Toad]

Oh, it's just "fair share math".

Somehow, 10% of $1,000,000 is less than 15% of $100,000.

I personally don't understand it, but "fair share math" always seems to pop up in these threads.

I'm sure some of the posters can explain it because they keep saying it makes sense to them.


Oh, one thing I DO know about "fair share math" is that only OTHER people need to use it to figure their taxes. People proposing it are exempt from using.

[Raider179]

Originally posted by Steve
Exactly how do you connect this to Enron/rich people?

http://www.dynrec.com/rge/calif.html

Federal energy regulators said Wednesday that their
investigation found widespread manipulation of natural
gas and electricity prices and supplies in California.
Pat Wood, chairman of the Federal Energy Regulatory Commission,
said that as a result of the manipulation California
would receive more than the $1.8 billion in refunds
recommended by a FERC judge in December. The exact
amount is to be determined in the coming months.
The FERC singled out seven subsidiaries of bankrupt
Enron Corp. and five other companies for taking
advantage of a dysfunctional market and reaping
millions of dollars in unjust profits.



After a 13-month investigation, FERC concluded "that many
trading strategies employed by Enron and other companies
violated the anti-gaming provisions" of marketing rules.
"Enron manipulated thinly traded physical markets to profit
in financial markets," FERC said, estimating that Enron
made more than $500 million in online trading in 2000 and 2001.
FERC investigators recommended that the companies be
forced to give up unfairly earned profits.


The energy crisis cost the state as much as $45 billion
over two years in higher electricity costs, lost business
due to blackouts and a slowdown in economic growth,
according to the Public Policy Institute of California.


Fun to learn new stuff huh?

[oboe]

This is pretty old news, but:

Enron traders caught on tape

As far as progressive vs regressive taxation, I dont' expect to convince anybody my way is the right way.   Plenty of intelligent people with different philosophies here and I'm not one to claim my way is right over theirs.    I just hope people fully understand the the mechanics and implications of each system, and then use their vote for candidates who represent positions they agree with.

Laz, I grew up in a lower middle class family.   I always knew my folks worked hard for their money, and while we had the basic necessities, we didn't have much beyond that.

[Flit]

Originally posted by Toad
Oh, it's just "fair share math".

Somehow, 10% of $1,000,000 is less than 15% of $100,000.

I personally don't understand it, but "fair share math" always seems to pop up in these threads.

I'm sure some of the posters can explain it because they keep saying it makes sense to them.


Oh, one thing I DO know about "fair share math" is that only OTHER people need to use it to figure their taxes. People proposing it are exempt from using.

 Ahhhh Fair Share Math
 When I was in school they called that socialism, ya know, the needs of the many were more important them the haves of the few.
 Of coarse, I'm sure that these are the same people who don't want to privatise SS. Which ,I might add, would only take away congresses ability to spend it on something else.

[Thrawn]

Golly-geenit but I hate it when commies make patently commie arguements then claim they aren't commies.

[oboe]

Originally posted by Steve
ROFL.  sorry, I didn't know I was conversing w/ a fool.  I'll go back to dismissing anything you post as worthless tripe.  Carry on.

LOL do you realize in the post before this one I called you a smart, hardworking and ambitious person?    

So have you got any links to disapprove the links on Enron's manipulation of the California energy market that Raider and I supplied?

[Shamus]

edit

[bj229r]

All i know is that year in and year out, top 50% wage earners pay like 96% of all taxes collected, and top 20% pay something like 80%---next time commie's bich about tax cuts for the wealthy..THEY are the only ones left still payin em--fediddlein country runs on their backs

[Lizking]

Not that Enron didn't screw Kalifornica; they did.  Kaliforicators brought it on themselves though, with their bizarre laws.  I would put the blame at 75% Cali, for creating the conditions that alllowed  (encouraged, actually) Enron (and others) to screw them, and the other 25% of blame on Enron (and others) for the actual legal screwing Kalifornica got.

[Steve]

LOL do you realize in the post before this one I called you a smart, hardworking and ambitious person?

Oboe, I never had you on ignore.  It was a tongue in cheek stab.  I'm sorry it came across so seriously and so harshly.   Please accept my apology for my poorly chosen words.  The fault with the misunderstanding lies soley with me.