People Want Democracy, Not Corporatocracy: Jeffrey Sachs

revelations12_12

Jedi Sentinal
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This Occupy Wall Street movement just keeps getting better and better. If there was any doubt that Obama was a one-term president before it started, there isn't anymore.

Umm you do realize this is the anti tea party don't you? There is going to be a great GOP repudiation at the next election. The Tea Party grossly overplayed their corporate controlled hand.

The obstructionist agenda in the House was not received well by the public and people are waking up to the truth. 99% baby! Americans are tired of being represented by corporate greed!
 
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Verticordious

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Umm you do realize this is the anti tea party don't you? There is going to be a great GOP repudiation at the next election. The Tea Party grossly overplayed their corporate controlled hand.

The obstructionist agenda in the House was not received well by the public and people are waking up to the truth. 99% baby! Americans are tired of being represented by corporate greed!
Corporate greed? All I see is a bunch of greedy, self-righteous, spoiled brats who expect something for nothing. The constitution acknowledges that there are only three basic rights granted to us by God: The right to life, the right to own personal property, and the right to liberty, aka self-determination. Which one of those do corporations, as a whole, deprive you of?

A corporation has the right to charge whatever they want for their product. If you don't like their product, then don't buy it. If you don't think it's worth the money, then don't buy it. For example, I've seen hundreds, if not thousands of posts on tech forums where people state they "justify" their pirating of Microsoft Windows because it has "too many bugs". If you think it has too many bugs then don't buy it. There's no God-given right to Microsoft Windows. No matter how you want to try and justify it, pirating is stealing. The only ones who are being robbed of their rights are corporations.

Likewise, if you don't like having a bank account and debit card, then withdraw your money and close your account. No one is forcing people to put their money in banks or to use cards instead of cash. People like having bank accounts, and they like paying with cards. People voluntarily give their money to banks, and the banks turn around and invest that money to make even more money. They're not violating anyone's rights by doing that. In fact, they're helping everyone. Invested money means more businesses, more jobs, more goods and services in the economy, and a higher value of the dollar. That's right, the hard work of corporations makes the value of the dollars in everyone's wallets go up, even the lazy bums who do nothing but play video games and watch TV 16 hours a day.

Yes, banks did cause the housing market to bust, and they did receive bailouts, but both of those are liberal ideas. Liberals wanted to be "fair" to minorities, so they forced banks to make housing loans to minorities even when the loan applicant couldn't possibly hope to pay the loan back. Bailouts are also a mostly liberal idea. A bailout is just welfare for corporations. They take money from businesses that are producing jobs and products that people want to buy and then give it to corporations that are failing to create jobs and products that people don't want to buy. How they think that would help the economy is beyond me, so ask them.

The mainstream media tries to play this Occupy Wall Street thing up as some noble cause, but the American people can see though all the spin and slant. The mainstream media has the loudest voice, but they still only get one vote per person at the polls. Americans realize we need to cure our kids of this welfare mentality and teach them a responsibility mentality, and the Occupy Wall Street movement only reinforces that truth more and more. That is why I said the movement is pretty much guaranteeing that Obama won't get reelected.
 
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dcyates

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Umm you do realize this is the anti tea party don't you? There is going to be a great GOP repudiation at the next election. The Tea Party grossly overplayed their corporate controlled hand.
The GOP is corporate-controlled?!? Where did you get that idea? Over the past few elections NY bankers have given about 80% of their political contributions to the Democrats. And with this past election, Obama received more money from Wall Street than any other presidential candidate EVER! (Btw, among the biggest contributors were Goldman Sachs and Citibank, who also just happened to be amongst the biggest beneficiaries of the huge federal bailout. Hmmm.)

The obstructionist agenda in the House was not received well by the public and people are waking up to the truth. 99% baby! Americans are tired of being represented by corporate greed!
I wonder why these Occupods walked right past the apartment building of George Soros, who keeps his money in off-shore bank accounts, in order to protest at the homes of Rupert Murdoch and David Koch, neither of whom are Wall Street bankers, or have received any bailout money, and whose businesses actually produce something! All this is in stark contrast to Soros, who made his money in currency speculation. In other words, he makes money by going around the world and deliberately causing panic within sovereign nations, just so he pocket the difference when their currencies collapse. Murdoch makes money by selling newspapers and making movies and TV shows, Koch makes money by making and selling fertilizer, and Soros makes money off the misery of others. Who should be the object of protest here?)
 
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revelations12_12

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The GOP is corporate-controlled?!? Where did you get that idea? Over the past few elections NY bankers have given about 80% of their political contributions to the Democrats. And with this past election, Obama received more money from Wall Street than any other presidential candidate EVER! (Btw, among the biggest contributors were Goldman Sachs and Citibank, who also just happened to be amongst the biggest beneficiaries of the huge federal bailout. Hmmm.)[/COLOR][/B]

The bailout was dreamed up and implemented by George W. Bush remember? Obama just allowed the second portion of the bailout to fund under his presidency.

Wall street isn't the problem the problem is that over the last 30 years the GOP and Bill Clinton have removed all regulations that prevented Wall Street from looting America. That and the father of lies Rupert Murdock...


I wonder why these Occupods walked right past the apartment building of George Soros, who keeps his money in off-shore bank accounts, in order to protest at the homes of Rupert Murdoch and David Koch,


Because the dark lord Rupert Murdock controls Fox news which is the propaganda machine fooling the simple minded masses in to thinking that not making corporations pay their fair share of taxes is good for them... The ultimate lie.
 
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Verticordious

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Because the dark lord Rupert Murdock controls Fox news which is the propaganda machine fooling the simple minded masses in to thinking that not making corporations pay their fair share of taxes is good for them... The ultimate lie.
Who's definition of fair are we talking about? The Bible is quite clear that a flax tax applied to everyone is what's fair. The top 10%, on average, are each paying their fair share along with the shares of 6 other people/families. The bottom 50% aren't paying anything, not even their own fair share.

The Bible is also quite clear that the capital gains tax is immoral and harmful to a society. If I invest money in a company who is successful and makes a profit, the government takes a huge chunk of that and gives it to poorly run and unsuccessful companies in the form of bailouts, or gives it to individuals who, in the vast majority of cases, have ruined their own lives through immoral choices. In other words, the government punishes hard work to subsidize failure, laziness, and sexual immorality. How does that help the economy?
 
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revelations12_12

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Who's definition of fair are we talking about? The Bible is quite clear that a flax tax applied to everyone is what's fair.

I just got out my pastors bible and looked up and read every scripture that has to do with tax and taxes;
Matt 5:46 17:24 21:31 22:19 17:25 22:17
Luke 23:2
Romans 13:7
And not one thing you said here turned out to be true...

The top 10%, on average, are each paying their fair share along with the shares of 6 other people/families. The bottom 50% aren't paying anything, not even their own fair share.

This isn't the Bill O'reily show please facts only...

The Bible is also quite clear that the capital gains tax is immoral and harmful to a society. If I invest money in a company who is successful and makes a profit, the government takes a huge chunk of that and gives it to poorly run and unsuccessful companies in the form of bailouts, or gives it to individuals who, in the vast majority of cases, have ruined their own lives through immoral choices. In other words, the government punishes hard work to subsidize failure, laziness, and sexual immorality. How does that help the economy?

Sounds like you have humanity all figured out, corporations are Godly and the meek and infirm are the scum of the Earth:doh:
Proverbs 14:31 He who oppresses the poor reproaches his maker, but he who honors him has mercy on the needy.
 
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revelations12_12

Jedi Sentinal
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is enough?
 

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dcyates

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How much is enough?
To those on the ideological left, the answer would be:
"The amount that I have is just enough, and whoever has more than me obviously has too much and should be made to share."
 
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dcyates

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The bailout was dreamed up and implemented by George W. Bush remember?
Yeah, and it shouldn't have happened under Bush either. So what? Bad policy is bad policy, no matter which political party is implementing it.
Obama just allowed the second portion of the bailout to fund under his presidency.
Right, and Obama multiplied it and federal spending overall by a few hundred percent -- to no perceivable benefit to the economy. And then he introduced "quantitative easing" (QE1, QE2, QE3, and counting) -- to the U.S. dollar's detriment. And he poured over half a billion dollars into companies to supposedly develop "green energy" technology and "green jobs," which each went belly-up. One could go on and on. The U.S. federal debt has now topped $15 trillion (and at its current rate is expected to top $17 trillion by the end of Obama's first term). He effectively made the U.S. the brokest nation in history. If you took all of the U.S. debt and liabilities, stepped into a time machine and went backwards in history, spending $1000 per second as you went back, you would have to go back to ca. 2600 BC before you reached about the same amount that the U.S. now owes in debt. America hasn't just overspent itself, it's overspent practically all of civilizational history!
Wall street isn't the problem the problem is that over the last 30 years the GOP and Bill Clinton have removed all regulations that prevented Wall Street from looting America.
No, it was govt interference in the housing and mortgage market that's the problem. The Carter administration passed the Community Reinvestment Act, which forced banks to loosen their lending standards and thus to approve mortgages to borrowers they would not have otherwise, threatening them with huge fines if they didn't meet certain quotas (usually having to do with granting loans to minorities). The Clinton govt didn't think this went far enough and so further guaranteed these mortgages through the quasi-govt entities Fannie Mae and Freddie Mac. The banks essentially responded by saying, "Fine, if you're going to fine us if we don't approve these bad loans, but you'll also guarantee them, then why not? Of course, we'll comply and grant bad loans all you want." Which they did. Which resulted in the grossly inflated housing market. Which inevitably all came crashing down.
Bottom line: This is the U.S. govt's fault from start to finish.
That and the father of lies Rupert Murdock...
Oh brother. You lefties have ABC, CBS, NBC, CNN, MSNBC, PBS, NPR, The New York Times, Newsweek, Time Magazine, etc, etc, ad nauseum, ad infinitum, and yet you STILL insist on bellyaching incessantly about the one, single cable news network that's marginally right-of-centre. I'm sorry, but you do realize that's kind of pathetic, don't you?
Because the dark lord Rupert Murdock controls Fox news which is the propaganda machine fooling the simple minded masses in to thinking that not making corporations pay their fair share of taxes is good for them... The ultimate lie.
I sincerely hope that as you typed this, your proverbial tongue was planted firmly in your proverbial cheek. Otherwise, it's kinda tough to believe that anybody who identifies himself as a Christian would seriously regard businesses supposedly not paying their fair share in taxes as "the ultimate lie."
(By the way, re: your CF moniker. It's properly 'Revelation', not 'Revelations' -- i.e. it's supposed to be singular, not plural.)
 
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revelations12_12

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How to solve America's problems

50% tax on inheritance after the first million.

51% capitol gains tax.

tariffs on all imported finished goods equaling what it would cost to manufacturer products here. I can care less what businesses this destroys, more will step to take their place once the dust settles and they will be doing business in a way that grows our economy and the future for our children.

short term pain for long term gain.
 
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dcyates

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How to solve America's problems

50% tax on inheritance after the first million.

51% capitol gains tax.

tariffs on all imported finished goods equaling what it would cost to manufacturer products here. I can care less what businesses this destroys, more will step to take their place once the dust settles and they will be doing business in a way that grows our economy and the future for our children.
You honestly think people are going to be at all motivated to risk, in what many cases amounts to life-savings, in order to start up a business only to have the govt take half of what's earned? Gee, if raising taxes was all it took to solve economic woes, why not really get your economy booming by raising taxes to 100%?!?
And, btw, raising tariffs on imports was already tried. You may remember from your history class that the Smoot-Hawley Tariff Act of 1930 is what is widely regarded as the real cause of the Great Depression.

short term pain for long term gain.
We had people saying similar things here where I live in Alberta, Canada. Our provincial govt, led by the Progressive Conservatives (which has unfortunately been far more 'progressive' than it's been 'conservative' as of late), wanted to raise royalty rates on oil companies operating here. True conservatives warned that this would drive them away; that they would pull up stakes and move elsewhere to do business. Those on the political left were all for it, claiming that these evil oil companies weren't paying their fair share to begin with and that most wouldn't leave anyway because, where would they go? Alberta is a great place to do business, they argued, even if they did have to pay more and therefore didn't make as much per barrel as they had before. And besides, surely even those oil companies who did leave would be replaced by others.
Only, they did leave. And they weren't replaced. And govt revenues plummeted, and what had been year-after-year budget surpluses quickly slipped into year-after-year deficits. And other businesses that relied on a robust oil industry either downsized or went bankrupt and so more and more people lost their jobs. (Incidentally, this all turned around when, to their credit, they realized their mistake and lowered the royalty rates again.)
 
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Aeneas

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Corporate greed? All I see is a bunch of greedy, self-righteous, spoiled brats who expect something for nothing. The constitution acknowledges that there are only three basic rights granted to us by God: The right to life, the right to own personal property, and the right to liberty, aka self-determination.

You failed when you confused the Constitution with the Declaration of Independence. I recommend you actually read the Constitution.

Transcript of the Constitution of the United States - Official Text
 
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dcyates

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Aeneas

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So, by "failed," do you mean to say that his point is invalidated simply by his mistaking the Declaration of Independence for the Constitution?

Not necessarily, but I seriously doubt he has one worth reading after making that kind of mess up. It's a credibility issue.

Kind of like how you wouldn't take a doctor seriously if he pointed to the radius and said, "um, so that's the femur, right?".
 
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dcyates

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Not necessarily, but I seriously doubt he has one worth reading after making that kind of mess up. It's a credibility issue.

Kind of like how you wouldn't take a doctor seriously if he pointed to the radius and said, "um, so that's the femur, right?".
No, I wouldn't take a doctor seriously if he was essentially asking ME such a question. But verticordious' point doesn't rely on his properly identifying in which historical document the rights to life, private ownership, and liberty are listed. His argument is merely that such rights as having your student loans forgiven, or a guaranteed job after earning a post-secondary degree are not listed anywhere.
 
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revelations12_12

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You honestly think people are going to be at all motivated to risk, in what many cases amounts to life-savings, in order to start up a business only to have the govt take half of what's earned? Gee, if raising taxes was all it took to solve economic woes, why not really get your economy booming by raising taxes to 100%?!?
And, btw, raising tariffs on imports was already tried. You may remember from your history class that the Smoot-Hawley Tariff Act of 1930 is what is widely regarded as the real cause of the Great Depression.


W)
These taxes were around 50% before the Bush tax cuts and we were operating with a surplus... America was doing just fine with that. What does capitol gains and inheritance tax have to do with starting a business?

It has to do with short selling stocks and billionaire heirs...
 
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woodpecker

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this country is so divided, so sad.

There are many to blame for the economic turmoil this country is in.

Our government....taking our hard earned monies, and using it on nonsense. The most recent, blowing up a bridge, to save endangered fish....FISH!!
- having our military all over the world, and war, war, war....God told king David he could not build Gods temple, for he had to much blood on his hands....we have to much blood on our hands.
-the government printing money, borrowing money from the evil nation China. Sending all our jobs away to other countries.
-Planned Parenthood, abortion, enough said.
-not dealing with the boarders and keeping out illegals.
-wasting our money on the 'war on drugs' which we will never win.
-supporting evil governments, recent example, we payed for Libya to liberate and become a state of Sheria law!
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ourselves....Americans are living way beyond their means...spending, spending, spending. Not saving for emergencies, not saving for the future, relying on the government to take care of them. Turning from God.
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investing in stocks, gambling your monies away. banks giving loans to people who could not truly afford a home.
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did Jesus teach us to go to government for help?

First we turn to God, stop blaming others, repent

get your life on track with Gods,

find work, any work, and be content, and give thanks, God said He would give you your daily bread, not a big screen TV, or cell phone.

Jesus said, you (not the government) provide for the sick, the poor, the widows and orphans. Is it wrong we have programs as welfare or helping the disabled, no, but we want the government to do it all.

we can protest, but as Christians it should be done without breaking laws, or becoming violent. We do not hate our enemies, but love all. I hear such evil slander toward the left or right and each other, please stop.

Remember God is in control, nothing is happening that He does not want to happen. He has given us a government where as we can elect our authority, so pray, and vote for what is best for our country,....

do not fear, our hope is in the Lord, this world is not our home.
 
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