18 CEOs Called Out By Bernie Sanders

originally posted by: Reallyfolks
Yes I have selected my two write in candidates. If I want to do the "they all suck" I will write in the name Monty Brewster. It was a character Richard Pryor played in a movie called brewsters millions. Short story he had to blow 30 million dollars so launched a campaign for "none of the above" so if I want to match your husband's option I have one picked and I completely understand him and why he does it.

We all have and see the problems, we just address it in our own ways, and thats cool. Maybe one day

Shows you how much times have changed when a campaign for $30 million was considered a ridiculous sum of money doesn't it? $30 million doesn't even get you onto one state ballot these days.

originally posted by: Aazadan

originally posted by: Reallyfolks
Yes I have selected my two write in candidates. If I want to do the "they all suck" I will write in the name Monty Brewster. It was a character Richard Pryor played in a movie called brewsters millions. Short story he had to blow 30 million dollars so launched a campaign for "none of the above" so if I want to match your husband's option I have one picked and I completely understand him and why he does it.

We all have and see the problems, we just address it in our own ways, and thats cool. Maybe one day

Shows you how much times have changed when a campaign for $30 million was considered a ridiculous sum of money doesn't it? $30 million doesn't even get you onto one state ballot these days.

Absolutely.

a reply to: Reallyfolks

Correct me if I'm wrong but he had a proposal to deal with that by implementing a small tax on each wall street trade. That's great

Honey, I shrunk the kids.... oh no wait, that was my RETIREMENT PORTFOLIO!!!! Understand what I'm saying??? Not a good idea. Only socialists like this idea because they think they are going to get some of that from the evil rich dudes...they think they are going to soak the rich, but they are going to destroy the average working American's life savings.

originally posted by: ThirdEyeofHorus
a reply to: Reallyfolks

Correct me if I'm wrong but he had a proposal to deal with that by implementing a small tax on each wall street trade. That's great

Honey, I shrunk the kids.... oh no wait, that was my RETIREMENT PORTFOLIO!!!! Understand what I'm saying??? Not a good idea. Only socialists like this idea because they think they are going to get some of that from the evil rich dudes...they think they are going to soak the rich, but they are going to destroy the average working American's life savings.

If you went through my entire post this new tax proposal, funding current or new programs, or even 4 year solutions are the least of concerns, in other words at this moment, not a lot of it matters.

originally posted by: ThirdEyeofHorus
Honey, I shrunk the kids.... oh no wait, that was my RETIREMENT PORTFOLIO!!!! Understand what I'm saying??? Not a good idea. Only socialists like this idea because they think they are going to get some of that from the evil rich dudes...they think they are going to soak the rich, but they are going to destroy the average working American's life savings.

Here's the problem with a Wall Street tax and why so much of them are against it. The big firms these days all use HFT to make their transactions and they make millions of these per second. Even a .001% tax on just a 10% profit margin compounded every minute for an entire day takes 36.57% of profits, or steals 3.657% of the total value, and that's just in one day. It's completely unsustainable, we can't tax the market itself because of the frequency of transactions are too disparate, some people are doing millions per second while others make 1 trade a week and to make it matter on one of those totally destroys any revenue from the other. Derivatives themselves being so unstable that many economists predict we can trigger the crash just by seriously discussing a tax on them as people move to sell.

Now, here's the other tax problem. If we were to cut our defense budget in half, and strip all non essential spending interest, social security, programs mandated by laws, and others removing everything like NASA, Education, Roads, FDA, EPA, and others we can only cut our current budget by 25%. That takes us from 3.5 trillion to 2.62 trillion. But realistically, we can't afford to cut all that other stuff because it's in the national interest to have an educated work force, scientific research, roads (which when it comes down to it are a defense issue), and others. Even if we did somehow cut all of that the states would pick it right back up and it would be taxed as state programs.

Cutting spending cannot fix our problems, the Republicans to their credit have actually been effective deficit hawks over the past 15 years. We used to have a spending problem, but no more. What we have is a revenue problem, taxes are continuing to decline due to inflation, new spending isn't being accounted for, and the lower income percentiles are holding less value, so they have less to tax. It's all top heavy where tax lawyers shelter the majority of it.

We need to raise taxes, and I don't mean just a little bit. We need to raise them to cover our 3.5 trillion budget, then we need to raise them another trillion to cover the social programs we should have, then we need to raise them another trillion past that for a fund that can start paying off the debt. If we want financial security, we need to turn that 3 trillion in tax revenue we're getting right now into 5.5 trillion, and the only way to do that is to increase taxes across the board by 83%.

That may sound harsh but if we want properly funded programs, no deficits, and a 20 year plan to eliminate the national debt, that's what the numbers work out to.

So when the Tea Party was pointing this stuff out in 2009 and 2010 they were crackpots.

When a 'democratic socialist' plagiarizes this information it's new and shiny.

a reply to: Aazadan

And even after all that still doesn't touch 18 trillion debt or 127 trillion in unfunded liabilities coming due over the next few decades. Fact is we don't even have enough money in the economy to cover it. There is only one ending possible, but live good as possible for as long as possible, turn up the heat slowly maybe the frog won't jump out before being boiled to death.

originally posted by: Reallyfolks

originally posted by: ThirdEyeofHorus
a reply to: Reallyfolks

Correct me if I'm wrong but he had a proposal to deal with that by implementing a small tax on each wall street trade. That's great

Honey, I shrunk the kids.... oh no wait, that was my RETIREMENT PORTFOLIO!!!! Understand what I'm saying??? Not a good idea. Only socialists like this idea because they think they are going to get some of that from the evil rich dudes...they think they are going to soak the rich, but they are going to destroy the average working American's life savings.

If you went through my entire post this new tax proposal, funding current or new programs, or even 4 year solutions are the least of concerns, in other words at this moment, not a lot of it matters.

So because you think you have some solutions...sacking people's retirement funds is not a big deal...oh yah in the words of Hillary..."What does it matter?" Well it matters to a lot of people.
If you are for this robin hood tax, I don't need to read any more.

originally posted by: ThirdEyeofHorus

originally posted by: Reallyfolks

originally posted by: ThirdEyeofHorus
a reply to: Reallyfolks

Correct me if I'm wrong but he had a proposal to deal with that by implementing a small tax on each wall street trade. That's great

Honey, I shrunk the kids.... oh no wait, that was my RETIREMENT PORTFOLIO!!!! Understand what I'm saying??? Not a good idea. Only socialists like this idea because they think they are going to get some of that from the evil rich dudes...they think they are going to soak the rich, but they are going to destroy the average working American's life savings.

If you went through my entire post this new tax proposal, funding current or new programs, or even 4 year solutions are the least of concerns, in other words at this moment, not a lot of it matters.

So because you think you have some solutions...sacking people's retirement funds is not a big deal...oh yah in the words of Hillary..."What does it matter?" Well it matters to a lot of people.
If you are for this robin hood tax, I don't need to read any more.

Your choice. Don't then. If you think my post was concerned about this proposal then maybe brush up on comprehension skills in your free time if you are no longer working. Can't fix that for you.

a reply to: Aazadan
Millions of working and retired Americans have money invested as a way to not be in poverty when they are 64. . All these socialists are doing is sacking the middle class.
and it is not going to lift anyone up.
Oh by the way, it's the Bilderbergs who wanted a global tax, they would take it any way they can get it, they tried for the climate change scam but it got too much negative press, so they went to the robin hood tax instead and all the silly fools are eating it up like it's macadamia pie dessert.

a reply to: Reallyfolks

oh stop with the comprehension skills baloney. It's nothing but a way to insult people who don't buy into your ideas. You could have fooled me with your quote..

implementing a small tax on each wall street trade. That's great

Or maybe you didn't really mean it. If so maybe I'll give your ideas a look.

originally posted by: ThirdEyeofHorus
a reply to: Reallyfolks

oh stop with the comprehension skills baloney. It's nothing but a way to insult people who don't buy into your ideas. You could have fooled me with your quote..

implementing a small tax on each wall street trade. That's great

Or maybe you didn't really mean it. If so maybe I'll give your ideas a look.

It is comprehension. You aren't, can't fix that for you. Argue with me all you want, barking up the wrong tree. If you feel pulling out a snip of a much longer post, and you can't see what the post is saying..all I can say is enjoy.

a reply to: Aazadan

ok fair enough azadan... however, you seem to have included everything BUT unfunded liabilities, now maybe that comes under that rather vague category "mandated by laws", so ok that would be all the unfunded liabilities and the incredibly monstrous ACA, but I suspect you didn't want to bring attention to it.
Raising taxes is always the statist's method, which does not result in balancing the budget, especially now we have the crazy ACA.
If you raise taxes, the statists will just spend it...on stuff like Universal childcare and giving every person 5,000 dollars upon graduation...Hillary's little Christmas presents to the taxpayers.

Are these people nuts? Why yes yes they are. And the people sacking you and me are these armchair socialists who got rich when they got on the Capitol Hill payroll.

then we need to raise them another trillion to cover the social programs we should have, then we need to raise them another trillion past that for a fund that can start paying off the debt.

No, we need to cut social programs that create a welfare state, we need to cut pork barrel spending on stupid cr*&, we need to stop going to war all over the place, we need to throw ACA in the trash bin, we need to make Congress and the Executive Branch accountable, and we need to stop adding insane socialist programs, and I dunno maybe we need to cut some of those uh black ops like the underground bunkers that only the elites will have access to.
Congress needs to live within our means and stop the spending. I'm with Ron Paul on this.
oh yah we need to stop the bailouts of big business. That's crony capitalism and I'm not for it. Yes, let's stop the bailouts and let's stop funding corporations like Solyndra because it just sounds so sustainable. Yep the Tea Party was against the bailouts. But people said the Tea Party were nutty racists. Let's stop funding PP, let's stop giving money to Tides Foundation. Yes, we did....give money to George Soros. newsbusters.org...

Derivatives themselves being so unstable that many economists predict we can trigger the crash just by seriously discussing a tax on them as people move to sell.

Funny you should say that...David Horowitz writes in his book with RIchard Poe called, "The Shadow Party" that George Soros no longer has to put up his own money to influence the market, all he has to do is talk, and people listen. Scary huh

originally posted by: ThirdEyeofHorus
a reply to: Reallyfolks
You know, not talking to you goodbye

I would have better luck trying to bone a marlin so it's best

a reply to: Aazadan

And that would bankrupt the country before phase 1 even ends.

originally posted by: Reallyfolks

originally posted by: ThirdEyeofHorus
a reply to: Reallyfolks
You know, not talking to you goodbye

I would have better luck trying to bone a marlin so it's best

I just don't have to waste my time on people who have to use cheap insults.

edit: ok I read the rest of your post. Yes I agree with you about the trillions in debt and the fiscal cliff....that actually sounded....a little conservative.

originally posted by: xuenchen
a reply to: Aazadan

And that would bankrupt the country before phase 1 even ends.

18 trillion debt and 127 unfunded liabilities. Some would say we are already bankrupt. Just waiting for someone to shout BOHIC right before we feel.it.

originally posted by: ThirdEyeofHorus

originally posted by: Reallyfolks

originally posted by: ThirdEyeofHorus
a reply to: Reallyfolks
You know, not talking to you goodbye

I would have better luck trying to bone a marlin so it's best

I just don't have to waste my time on people who have to use cheap insults.

edit: ok I read the rest of your post. Yes I agree with you about the trillions in debt and the fiscal cliff....that actually sounded....a little conservative.

Funny how that happens. Not conservative or anything else very real issue. We don't fix this issue we won't have to worry about trade tax because no trades will be taking place. But until the comforts of people are interrupted they won't believe how bad it is.

originally posted by: Reallyfolks

originally posted by: xuenchen
a reply to: Aazadan

And that would bankrupt the country before phase 1 even ends.

18 trillion debt and 127 unfunded liabilities. Some would say we are already bankrupt. Just waiting for someone to shout BOHIC right before we feel.it.

The Bank for International Settlements and the Basel Committee will decide when the time is right.