The fact that the poor and elderly constitute the biggest budgetary expense is of no relevance when considering their standard of living. The pensions they receive are not equivalent to poverty line wages, they are an insult.
There is a problem in that Medicaid, medicare and social welfare are increasing at a rate that funds will be exhausted by about 2040. The problem isn't the programs it is the lack of taxation contributions from the wealthy. The top tax rate for business used to be 70%, now it is the 35% and with the tax breaks passed by the bush administration, 66% of business pay little or no tax at all. Because of these policies you have the situation where the top 10% of society has 90% of all wealth and the poorest 40% has 0.2% and the top 1% owes more than the bottom 90% The poor are not the problem, the distribution of the wealth is the problem. The high tax rates of big business are what underpinned the American Dream. If a business is collecting the combined surplus value of thousands of workers it has to plough a considerable amount back into society in the form of taxes to ensure social harmony. Extremes of wealth polarization are incompatible with democratic norms.I know you oppose such measures but this is the result. Either wealth distribution is undertaken or you will have revolution on your hands. Of course I am banking on the latter. On Oct 6, 8:29 am, Gaar <[EMAIL PROTECTED]> wrote: > Funny, isn't it? > > You rail on about how bad the Poor have it, and how much Debt we > have... > > Yet the Single biggest expenditure in our Budget is to the Poor and > Elderly. > > Imagine that, we take care of our Poor and Elderly first and foremost. > > No wonder you can't get them to Revolt. > > On Oct 5, 2:18 pm, Frank <[EMAIL PROTECTED]> wrote: > > > Your debt is double what it was in 1929, and 5.5 million families were > > not about to loose their homes and you won the war, you are loosing > > this one, in-fact it has gone on longer than WWII and the population > > do not support it. The US is screwed big time. > > > On Oct 6, 8:04 am, Gaar <[EMAIL PROTECTED]> wrote: > > > > The point is, that the last time we were this indebted was during and > > > directly after a time of War... > > > > And we are currently at War. > > > > On Oct 5, 1:48 pm, Frank <[EMAIL PROTECTED]> wrote: > > > > > What's the point Gaar? It paints a very negative picture of US debt > > > > excluding war funding, and another 5.5 million home defaults to come. > > > > Instead of just throwing data about, read what your own financial > > > > experts are saying on Bloomberg's, they are convinced of a deep > > > > prolonged recession. > > > > > On Oct 6, 7:25 am, Gaar <[EMAIL PROTECTED]> wrote: > > > > > >http://en.wikipedia.org/wiki/United_States_public_debt > > > > > > On Oct 5, 12:06 pm, Frank <[EMAIL PROTECTED]> wrote: > > > > > > > You should avoid paying taxes, as it the working class that support > > > > > > the wealthy, which you see very clearly in relation to the > > > > > > acquisition > > > > > > of public funds to bail out the parasites on Wall St. > > > > > > > The fact that you are having credit cards shoved down your throat in > > > > > > the middle of a credit crisis has its own logic based in the > > > > > > contradictions of capitalism which you will start to notice occur on > > > > > > all sorts of levels and you don't have to be an account to work it > > > > > > out. > > > > > > > No matter how bad the financial situation is, the banks must lend > > > > > > out > > > > > > money, that is how they make their profits. So the fact that they > > > > > > are > > > > > > in trouble makes it even more imperative to do more business to > > > > > > create > > > > > > profits and generate liquidity. Of course with Americans in record > > > > > > debt and the proliferation of job loses and housing defaults, it is > > > > > > a > > > > > > practice that is bound to backfire, but they have no other choice. > > > > > > > Markets and resources are finite, yet capitalism requires the never > > > > > > ending expansion of capital, this is just not possible and this > > > > > > crisis > > > > > > is the result. > > > > > > > Out of interest in 1929 the US debt was 150% of GDP, now it is 300%. > > > > > > About 1,000,000 housing defaults have occurred so far, while another > > > > > > 5,000,000 are expected in the next 2 to 3 years. Puts things in > > > > > > perspective a bit doesn't it? > > > > > > > Regarding a Wall St police, the government and Big Business are > > > > > > intertwined to a degree when it is impossible to know where one ends > > > > > > and the other begins. Together they consciously rob the American > > > > > > worker blind. The average congressman is worth $3.9 million, the > > > > > > only > > > > > > new police force the US public will see is the Nazi brown shirts, > > > > > > which are in training as we speak in the guise of Northcom. > > > > > > > On Oct 6, 12:49 am, margareth <[EMAIL PROTECTED]> wrote: > > > > > > > > Do you think tha t the IRS will pay each of us for reporting him? > > > > > > > Fat > > > > > > > chance. I avoid taxes the way that rich people do. I make income > > > > > > > disappear...and hopefully into good investments. I think that > > > > > > > all the > > > > > > > politicians have frauded many of the taxpayers. Through thist past > > > > > > > week, I have had three calls from credit card companies offering > > > > > > > to > > > > > > > lend me money, so, unless you are an accountant, it is difficult > > > > > > > to > > > > > > > understand what has been happening. What really needs to happen > > > > > > > now, > > > > > > > is that there would be a police force on Wall street. > > > > > > > > On Oct 4, 10:17 pm, Frank <[EMAIL PROTECTED]> wrote: > > > > > > > > > Let's see how stupid this post is. 66% of business pays little > > > > > > > > or no > > > > > > > > tax according to the US government. > > > > > > > > > The richest 1% of Americans own more wealth than the bottom 90% > > > > > > > > > The poorest 40% own just 0.2% of total wealth. > > > > > > > > > Any idiot can see, and granted Mark is not just any ordinary > > > > > > > > idiot, > > > > > > > > that the problem within the economy is that the rich have > > > > > > > > hoarded > > > > > > > > everything for themselves while blaming the most impovershed > > > > > > > > layers > > > > > > > > for the economic crisis, while they live in obscene wealth. This > > > > > > > > commonly know as blaming the victim. > > > > > > > > > The only defense of such actions can come from the most ignorant > > > > > > > > sections of conservative politics, who defend the "American > > > > > > > > Nightmare", built on death and barbarism > > > > > > > > > On Oct 5, 5:21 am, mark <[EMAIL PROTECTED]> wrote: > > > > > > > > > > Talk radio icon Rush Limbaugh is warning Americans about the > > > > > > > > > 30 > > > > > > > > > percent of the people in the country who pay no federal > > > > > > > > > income taxes, > > > > > > > > > because they will forever be in favor of higher taxes on > > > > > > > > > everyone > > > > > > > > > else. > > > > > > > > > > Limbaugh quoted extensively on his program today from an > > > > > > > > > op-ed by Brad > > > > > > > > > O'Leary, author of "The Audacity of Deceit: Barack Obama's > > > > > > > > > War on > > > > > > > > > American Values." > > > > > > > > > > "The Audacity of Deceit", released by WND Books, has hit the > > > > > > > > > nation's > > > > > > > > > largest bookstores in a head-to-head clash with Obama's > > > > > > > > > release of his > > > > > > > > > campaign book, "Change We Can Believe In." > > > > > > > > > > Eric M. Jackson, president of WND books, says it will "shed > > > > > > > > > new light > > > > > > > > > on a public figure who's enjoyed a meteoric rise with little > > > > > > > > > scrutiny." > > > > > > > > > > "The greatest find, the greatest discovery in the political > > > > > > > > > world is a > > > > > > > > > new voting bloc, and his book and his research here is > > > > > > > > > targeted at > > > > > > > > > proving that Obama's big voting bloc is the 30 percent-plus of > > > > > > > > > Americans who pay no income taxes," Limbaugh said. "These > > > > > > > > > people get > > > > > > > > > polled a lot, they are played to constantly, and they are all > > > > > > > > > for ever > > > > > > > > > higher taxes on everybody else 'cause it means more for them, > > > > > > > > > in their > > > > > > > > > own version of 'trickle down.'" > > > > > > > > > > Citing the article's title, "Forgotten Foot Soldiers In War On > > > > > > > > > Success," Limbaugh said, "That's exactly what the Democrats > > > > > > > > > are > > > > > > > > > waging." > > > > > > > > > > Limbaugh quoted from O'Leary: "When writing my latest book, > > > > > > > > > 'The > > > > > > > > > Audacity of Deceit: Barack Obama's War on American Values,' I > > > > > > > > > discovered a relatively unknown constituency: the 30 percent > > > > > > > > > of > > > > > > > > > American voters who do not pay federal income taxes. These > > > > > > > > > Americans > > > > > > > > > are exempt from paying income taxes either because their > > > > > > > > > income level > > > > > > > > > is below the threshold that would require them to pay, or > > > > > > > > > their total > > > > > > > > > deductions leave them with no income-tax liability." > > > > > > > > > > O'Leary continued, "So I set out to determine exactly who > > > > > > > > > these people > > > > > > > > > are and what makes them tick. In conjunction with Zogby > > > > > > > > > America, I > > > > > > > > > conducted a series of carefully orchestrated polls. > > > > > > > > > > First, I found that 60 percent of likely voters among > > > > > > > > > non-taxpaying > > > > > > > > > Americans favor Obama for president, whereas only 31 percent > > > > > > > > > favor > > > > > > > > > John McCain. In addition, a majority of the 30 percent of > > > > > > > > > Americans > > > > > > > > > who don't pay federal income taxes agree with Obama's $65 > > > > > > > > > billion plan > > > > > > > > > to institute taxpayer-funded, universal health coverage. On > > > > > > > > > the other > > > > > > > > > side, a majority of the 70 percent of Americans who pay > > > > > > > > > federal income > > > > > > > > > taxes (i.e., the folks who would have to foot the bill for > > > > > > > > > this > > > > > > > > > boondoggle) are opposed to Obama's health care plan." > > > > > > > > > > O'Leary's work found that 70 percent of Americans shoulder the > > > > > > > > > majority of the federal budgetary burden for all Americans > > > > > > > > > now, so > > > > > > > > > Obama's claim for a plan to cut taxes for 95 percent of > > > > > > > > > Americans is a > > > > > > > > > logical impossibility. > > > > > > > > > > "Is he going to give more money to nontaxpayers?" O'Leary > > > > > > > > > questioned. > > > > > > > > > "You can't give a tax cut to 95 percent of Americans if only > > > > > > > > > 70 > > > > > > > > > percent of them pay federal income taxes in the first place. > > > > > > > > > Then > > > > > > > > > again, math may not be Obama's strong suit." > > > > > > > > > >http://worldnetdaily.com/index.php?fa=PAGE.view&pageId=76971-Hidequot... > > > > > > > > > - Show quoted text -- Hide quoted text - > > > > > > > - Show quoted text -- Hide quoted text - > > > > > - Show quoted text -- Hide quoted text - > > > - Show quoted text - --~--~---------~--~----~------------~-------~--~----~ Thanks for being part of "PoliticalForum" at Google Groups. For options & help see http://groups.google.com/group/PoliticalForum * Visit our other community at http://www.PoliticalForum.com/ * It's active and moderated. Register and vote in our polls. * Read the latest breaking news, and more. -~----------~----~----~----~------~----~------~--~---
