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Originally posted by TheImmaculateD1
reply to post by macman
The only reason for the spending blitz is because the Tax breaks for the rich, subsidies to big oil and for corporations who send jobs overseas, end all 3 and a trillion plus a year will be added back into the nation not requiring us to loan a cent, but ending tax breaks stifles the "Job Creators" according to you which is flawed!
The House Committee on Standards of Official Conduct charged U.S. Rep. Charles B. Rangel, a Democrat from New York, with 13 violations in late July, including failing to pay taxes on rental income he received from a Dominican villa.
The Office of Congressional Ethics charged U.S. Rep. Maxine Waters, a Democrat from California, with allegedly using her office to provide assistance to a bank in which her husband owned stock to ask for federal bailout money.
The claim made against Pelosi is that she bought stock in at least eight initial public offerings (IPOs) of stock while having access to information and some control over legislation that would affect the value of the stock right after the offering, thus allowing her to make a hefty, immediate short term profit immediately after obtaining the stock. In 2008, just one of the stocks was in shares of a credit card company, VISA, a company that was concerned about proposed “pro-consumer” legislation that would regulate their activities. Pelosi’s profit alone in this stock rose $100,000 in just two days after she purchased it, and the legislation VISA was concerned about never made it to the floor of the House in that session, where Pelosi was Speaker of the House and controlled what bills were brought forward for a vote.
Originally posted by TheImmaculateD1
Couple this with the McConnell stance of making Obama a "1 term POTUS" means they are Anti American treasonits bastages!
Originally posted by poet1b
reply to post by tvtexan
It is republicans blocking the nomination of a department to protect consumers, not the democrats.
That is just another line of BS to continue to pull in the rubes.
While the democrats have their problems, the republicans in this era, are completely and wholly owned by the bankers.
Originally posted by TheImmaculateD1
reply to post by Dilligaf28
This is exactly what corporations do to the American worker, since the regulation over American workers is stringent and rightfully so they go to places like India or China where there is far less regulation, proof the Deepwater Horizon Drill Rig that exploded and leaks millions of gallons of petrol into the Carribean Ocean was registered in The Marshall Islands who has no oil regulations and no laws regulating oil.
Originally posted by poet1b
reply to post by ThirdEyeofHorus
If regulations and taxes send jobs overseas, then how is it that during the nineties when taxes were higher on the rich, and regulations were stronger, and Clinton was doing a good job of enforcing regulations, the job market was far stronger, and middle class businesses and workers were thriving.
When all else fails, you people who want to blame all the problems on government, then claim that government can not be made to work, and History clearly demonstrates that you are wrong, when looking at the sixties, early seventies, and the nineties.
The U.S. economy has done better with strong regulations and high taxes on the rich. The WW II gen knew how to do this, why can't we?
Try taking this historic reality into consideration.
Originally posted by poet1b
reply to post by Dilligaf28
Wow, are you really this naive?
In a free market no company would release medicine that killed. They would go out of business. In a regulated market they will pay fines and fees for murder but not go out of business.
Yeah, that business might close, but the people who ran the scam still walk away with the money, and no responsibility. They are then free to go run their scam elsewhere. Is this a world you want to live in?
In a regulated market, if found negligent, they will pay fines, and some people might wind up going to jail, and may very well go out of business.
The rest of your post is in complete ignorance of history, establishment of regulations, and the advancement of first world economies.
There is no such thing as a free market economy, and it never has existed. You can prove me wrong by naming one successful free market economy. The U.S. is not one, and has been regulated from the beginning.
Originally posted by TheImmaculateD1
reply to post by Dilligaf28
There was a plan that died a long time ago that was going to allow an employer to dictate what sites you went on during your personal time, who you associated with, what friends you have,
pantheos.wordpress.com...
If that plan would've gone though your employer could fire you for being on ATS.
Originally posted by poet1b
reply to post by ThirdEyeofHorus
Your failure to name a successful deregulated free market economy proves you wrong, and dishonest at the same time.
Are you honestly looking for the truth?
Originally posted by poet1b
reply to post by Dilligaf28
Wow, are you really this naive?
In a free market no company would release medicine that killed. They would go out of business. In a regulated market they will pay fines and fees for murder but not go out of business.
Yeah, that business might close, but the people who ran the scam still walk away with the money, and no responsibility. They are then free to go run their scam elsewhere. Is this a world you want to live in?
In a regulated market, if found negligent, they will pay fines, and some people might wind up going to jail, and may very well go out of business.
The rest of your post is in complete ignorance of history, establishment of regulations, and the advancement of first world economies.
There is no such thing as a free market economy, and it never has existed. You can prove me wrong by naming one successful free market economy. The U.S. is not one, and has been regulated from the beginning.
Originally posted by ThirdEyeofHorus
Originally posted by poet1b
reply to post by ThirdEyeofHorus
Your failure to name a successful deregulated free market economy proves you wrong, and dishonest at the same time.
Are you honestly looking for the truth?
Yes, I look for truth all the time, it's just not the one you are looking for. Sorry. You and I will never agree on some things.
Find me a free market economy that's regulated.....
European economies are falling like dominos. How come these socialist economies have to be bailed out? Isn't a baillout with taxpayer money socialization of an economy or an industry? On the other hand, we have national debt(from fannie/freddie defaulted loans) being privatized with credit default swaps.
Both scenarios are abuse of innocent people.
Originally posted by poet1b
reply to post by ThirdEyeofHorus
As I thought, you can't name a successful free market economy.
I can name a few attempts that failed miserably. Ireland, Iceland, and the U.S. over the last decade are good examples of what a failure free market economic is.
The bill that ultimately "repealed" the Act was brought up in the Senate by Phil Gramm (R-Texas) and in the House of Representatives by Jim Leach (R-Iowa) in 1999. The bills were passed by a Republican majority, basically following party lines by a 54–44 vote in the Senate[15] and by a bi-partisan 343–86 vote in the House of Representatives