Originally posted by JaxonRoberts
I read this on faceborg earlier today, and I wanted to ask these very questions of our always vocal Conservative Republican members:
"I need some Republicans to explain to me how they juxtapose these scenarios: First, Corporate profits has risen to a fifty-yr all time high,
while unemployment remain fairly high. Second, Oil companies are making record profit, while gas prices is at its highest.
Now, my question to the Republicans are: 1. If their arguments and economic philosophy that more corporate profits equals more jobs were true,
shouldn't unemployment be at its lowest, considering the record profits corporations are making? 2. Why should Americans continue the tax break for
oil companies, when the more profits they make, the higher our gas prices? 3. Aftermath of the above facts, who is the Republicans actually working
for, the people or Corporations and the wealthy 1%?"
Corporate profits are not just profits for a few. (Well right now they are but that is wrong.) Corporate profits are supposed to be given to the
shareholders (common folks) as dividends for investing in that corporation. Why do people think that corporate profits are a bad thing? The profits
are given out to the shareholders. However, due to the uncertain economic climate, many corporations are holding those profits because they don't
know what the Liberal/Progressive/Socialists are going to force them to do. It is right now their "rainy day fund" to prepare for the mess known as
ObamaCaare. Hollywood has loads of money right now but they will not spend it until the future is certain. That is why they are producing such low
Corporations in this country cannot compete in the world market because we have the highest corporate tax rate in the world. When corporations pay
the highest tax, they have to go to the lowest labor market. Ie, China and Mexico. Corporations are making jobs everywhere but here. It's just that
people want to start entry level jobs at 50K a year without any experience or education. Have you seen why American jobs are going overseas? It is
because our blue collar workers can't spell, write, or even do basic math which is important in todays industries.
As for the oil companies, they are speculators just like wall street. They are raising prices by leveraging small investments into large holdings.
Put up a dime and get a dollar's worth of oil. That is not right. A simple law could be passed that those who buy on leverage or margin should have
to take acceptance of the product to get the benefits. The oil companies, the Middle East and the speculators are trading and buying non-existant
products. They are buying promises which they sell to others who buy and sell promises.
The oil companies are still making the same percentage (around 4%) on every gallon of gas they sell.. Grocery stores, as I understand it, make around
1% profit. If gas is $1.00, they make 4 cents. If gas is $4.00, they make 16 cents. If you want to tax the corporations, you are taxing yourself
because all they do is pass that tax on to you. You pay it, the government collects it and hands it out to those who aren't working and many do not
want to work. They are voting themselves paychecks and raises just like Wall Street people are voting themselves paychecks and raises. Who is worse?
Those who cheat the system on either side are equally guilty.
If you want to buy a house, you had to be able to pay for it. Now that that Frank Dodd bill has been enacted, you don't have to prove you can pay for
it. Just sign the paper, take the keys, and hope you win the lottery. If not, let the banks suffer. Well, the banks don't suffer. When you sign a
mortgage, the bank pays the house owner in cash. The bank is now in debt on that house. If you fail to pay, you are cheating the bank. Who cares?
How about those people (the working class) who have invested their retirement in banks that others are cheating. Who do you think loses? The common
man. He loses his dividends and his investment into the corporation. He has to start going on the dole. Who pays the dole? Other people. Working
We have high wages in the country be edict. We have high wages in this country because of unions. We have no jobs because of the high wages, the
unions, and truants who want to make it rich overnight.
Most of the "conservatives" as you put it are working or want to work. Most of the "liberals" are either super rich and never have to worry about
money (Hollywood Stars) or don't want to work.
If you want to see socialism in action, take everything you have and give 1/2 of it away. See if the person you give it to, gives half of that away.
The handout stops with them. That is socialism.
PS. Socialist are beginning to run out of MY money. Then the joke will be on you.
edit on 6-4-2012 by Nite_wing because: (no reason