Comments
Blueneck BillyBob wrote:
"Free Market Economy".... "Global Market Forces"...Are code (Dog Whistle)for...America,the "Job creators' will bring your jobs back from China and others,as soon as you agree to accept their slave wages,and unregulated and un-safe work facilities...
Wall Street is enjoying record profits,and record high..
They said give us tax breaks today,don`t hold us accountable for our thievery,and we`ll give you jobs tomorrow... SOUNDS VERY FAMILIAR TO ME...
Heard this during Popeye cartoons,when Wimpy said,'buy me a hamburger,and I`ll pay you Tuesday.. Heard it during Pres.Ronald Reagan`s Trickle down economics..Heard it by Ohio Governor Bob Taft... 30 years of this nonsense,and Wimpy`s still eating on our dime,and getting very fat...Give the wealthy and their corporations tax breaks and de-regulation today ,and we`ll give you jobs tomorrow...
Will the Kool-Aid ever stop flowing,and stop being bought..?? Some believe "Free Market" is a type of government.. yeah,it is...It`s called Fascism..
big government wrote:
Maybe you can point out the system that has worked out better for more people than American style free market capitalism? The corporations you hate without the slightest bit of thought behind it, follow the laws that our government has set up for them. We all realize there is an unholy alliance between big business and big government, but the question is who's fault is that. The answer is of course government, you know, the guys with the guns and the insatiable appetite for cash and power. It's plain to see, our government is trying to do too much and over the last hundred years has a better record of making things worse not better on almost any subject. The only reason the wheels have not come completely off already is because of our good credit, take that away and we will see the full effect of our dysfunctional government. Our government has become in many ways a wall of NO, where it used to be a yes and how can we help. It was designed to work for the people, now we work for it, this is liberal progressivism.
"The Nation's Richest People Live WHERE?
Which part of the country is the most affluent?
It's not the tony suburbs of New York City or the upper crust neighborhoods built into the steep hills surrounding San Francisco.
The most affluent people in the United States live just outside the Capital Beltway.
According to U.S. Census data from the 2011 American Community Survey, seven of the 10 richest counties in the United States are in the Washington, D.C. metropolitan area.
The Washington Post reports that the richest location in the nation is Loudoun County, Virginia where the median income is a stunning $119,000, followed by nearby Fairfax County, Virginia with a median income of $106,000. Both counties have held the No. 1 and No. 2 slots for several consecutive years. "
Blueneck BillyBob wrote:
By highlighting the benefits of the most wealthy,we IGNORE the pulse of America.. The American worker receives 43.5% of the GDP,economic measure...The lowest on record...Corporate profits are at all time highs... Executive bonuses,are also at all time highs...The Dow at record highs...
Do the wealthy enjoy many homes around the globe,YES...Do they live in major cities,suffering from "Reaganomic`s" NO..Their U.S. homes tend to be in affluent communities,with good city services...Good police,good fire,good schools..
WE SHIPPED OUR JOBS OFFSHORE...
WE EXPORTED OUR JOBS,OUR WEALTH,AND OUR FUTURE..
NO ROCKET SCIENCE HERE...WHAT YOU SEE IS WHAT YOU GET FROM,"SUPPLY SIDE'',"FREE MARKET"... RIGHT WING FRINGE STUPIDITY
The illusion of the WEALTHY will be the cavalry,and come riding to our rescue is pure FANTASY...The wealthy are not a knight in shining armor,but Attila the Hun,destroying anyone or anything in their way of selfishness and greed...
Last I heard they want to undo the "Enlightenment"....Civilization as we know it,as modern man created..
Pancake Rankin wrote:
Both big gov and billybob think way too small. Both approve of American exceptionalism (Generally rising wages between 1830 and 1970) and are tring to sell the revival of that lost era.
What has gone is "national sovereignty" under international trade agreements (soon comes the TPP) and the rise of transnational corporations and global financial speculation.
It is ignorant to blame the puppet US federal government or to expect it to recover under current conditions. Having the strongest and most overpriced military and national security state is now a liability for US taxpayers because these forces serve international business speculation and resource hegemony at our expense. Party partisans are focused on the "big game" not realizing that the fascist mafia arising from unregulated corporate capitalism fixes all competition and is happy to rake in your feeble tiny wagers. You're slobbering over the steroid thighs of the latest celebrated meat animal circus freak not realizing he is a drugged up addict controllable with finger snaps. So much for your vicarious thrills and your tooth fairy belief system. I know I can't overthrow an international cut and dried conspiracy with an assault rifle or a pressure cooker so I'm just gonna try to grow my own food and persuade others to do the same. Other than that we need to refuse participation in consumerism and what they still call Capitalism as much as possible.
Blueneck BillyBob wrote:
Who wrote these words..??
"Labor
Under the Republican Administration, as our country has prospered, so have its people. This is as it should be, for as President Eisenhower said: "Labor is the United States. The men and women, who with their minds, their hearts and hands, create the wealth that is shared in this country—they are America."
Not a Liberal..Not Alf or another alien ...Nope...just our everyday 1956 Republican... No anti Americanism...No radical right wing fringe... In a CONSUMER based Capitalist economy the CONSUMER is KING...NOT A NEW ROYALTY called the "JOB CREATOR"...
Pancake Rankin wrote:
Lemme tell you a story about a friend of my grandfathers. Duke owned a chain of cotton mills and a furniture store. (He's dead now.) Everything in NC textiles finally collapsed and went overseas in the 90s. Most people were selling and exporting their machinery but old Duke kept two plants totally intact and ready to run using high interest credit from selling stapled up Mexican furniture. One time I solicited him for a medical charity. ( I was too ignorant then to know the charity was only a cruel way of employing the local elite's stupider relatives including myself.) Duke refused to pony up and explained that doctoring for the riff-raff was a pie in the sky idea. "The biggest Depression ever is coming, when they will be glad to work 12 hours a day for $2 or $3 dollars and textiles will come back to Gastonia." I knew immediately that Duke was now a senile idiot but I never expected the management of this nation to take up his demented cause which they now have (as billybob claims).
When Duke died his dimwitted third wife took 90% of their fortune and donated it to the county hospital for a cardiac wing. It made sense to her since the uncaring heart doctors there had executed Duke in the most agonizing and humiliating way which impressed her. Now their portraits grace one of the worst MRSA infected dog pounds in the New South. The hospital is today an extraction mechanism owned (leased in perpetuity underwritten by government) by global speculators who'll never be treated there, never even see the buildings.
So my message is that than those who believe the flame of American capitalism needs a dash of starter fluid better be prepared for their faces to be singed off. It's all a ball of gas nowadays. Don't believe and don't play the game. Bhutan might be a very good model. Better to honestly toil for our own sustenance than to have faith in a pyramid scheme. (Billybob's intergrity dream is as dead as Fred Rogers.)
Pancake Rankin wrote:
Billybob's 11:18 Sunday sermon about Saint Eisenower is true as far as it goes, but he must realize that the Democrats are Satan's good right hand with the left hand being fascist Republicanism. When bad police need to frame people up and get them to cop to things they didn't do (as is happening with putting fake debt on the American public) they use the good cop/bad cop scenario. Officer Repubby is gonna give the perp a smack: Officer Demcrap is going to get you a soda and some chips. Injustice has gone on long enough. When the billybobs and the big govs admit the system is rotten we can move along to fixing things. Apparently that time has not yet come. Have mercy upon us Mother Earth.
Blueneck BillyBob wrote:
Once upon a time..I was a cab driver.. We had a economic convention in town.. I took an executive to the airport.. We talked...He told me of the company`s plans to close our local plant,and move the jobs to the Philippines.. He explained to me that a phone in the USA cost $11 to make,while the Philippine phone only cost $7.50.. I asked him,who will be able to buy your phones,when everybody is unemployed...?? ...NO ANSWER..
His company is...GONE...You can find his phones on e-bay collectables... I`m sure he cashed in his "Golden Parachute",while American workers got a "Golden Shower" of "Free Market" sympathy..
Cleveland was once a thriving textile and clothes manufacturing city... These plants`were closed in favor of Southern cheap non union labor.. So,don`t ask for tears when your jobs are moved to China or Bangladesh..BIG Government COULD impose tariffs to slam the door on the scum bag economics... Big Government SHOULD respond when China dumps cheap subsidized goods,instead the radical fringe in Congress FILIBUSTERS American manufacturers and American jobs...
Herman Krieger wrote:
The best way to understand the pulse of The U.S. economy is to read Paul Krugman.
Blueneck BillyBob wrote:
"The total wealth owned by the top 1% of Americans is equivalent to 200 times the total combined wealth of the bottom 40%. (Or, the top 1% owns 200 times the wealth of the bottom 40%
The total wealth of the top 60% of Americans is 500 times the total wealth of the bottom 40%.
Bill Gates, America's richest individual, alone has more wealth than 40% of the U.S. population combined, or 120 million people.
The top 1% of households own almost 40% of the nation's wealth.
The top 10% of Americans own over 70% of nation's wealth.
The top 20% of the nation's households own 85% of the nation's total wealth.
The top 60% of households own almost 100%, or 99.8%, of the nation's wealth.
The bottom 40% of households own one-fifth of 1% (or 0.2%) of the nation's wealth.
The bottom 80% of Americans own only 15% of the nation's wealth".
Most people call this "Reverse Robin Hood''...
It feels like the workers are getting screwed....BECAUSE THEY ARE...Anything goes,as long as those fat dividend checks keep rolling in...
meangreen wrote:
Pancake Rankin wrote
" Having the strongest and most overpriced military and national security state is now a liability for US taxpayers because these forces serve international business speculation and resource hegemony at our expense."
Oh come on Pancake, the military is only 20% of the budget and now with downsizing we will see a smaller military.
meangreen wrote:
Redneck BillyBob wrote
"The total wealth owned by the top 1% of Americans is equivalent to 200 times the total combined wealth of the bottom 40%. (Or, the top 1% owns 200 times the wealth of the bottom 40%
The total wealth of the top 60% of Americans is 500 times the total wealth of the bottom 40%.
Bill Gates, America's richest individual, alone has more wealth than 40% of the U.S. population combined, or 120 million people.
The top 1% of households own almost 40% of the nation's wealth"
Redneck Billy Bob:
You forgot to mention that the 1% pays 38% of all Federal Taxes in addition to the majority of State and local taxes.
30% of the top pay 70% of all Federal Income Taxes.
50% of the US population does not pay Federal Income tax and many get a welfare check (Earned Income). Not to bad isn't it?
You didn't mention that Bill Gates along with Warren Buffet are giving all their wealth away and are not going to pass it down like the Kennedy's. How that for contributing to the downtrodden?
No Robbin Hood Here, sound more that Lenin and Stalin. Take everything from the producers and leave then nothing.
Sounds like you have your head in the wrong place. By the way many middle class people get fat dividends. How that for a prosperous country?
Doc in the house wrote:
I m not sure what Blueneck BB wants.
According to US Census data, the best equal distribution of income is in Ohio, Indiana, Illinois, Wisconsin, and Iowa. The US and has a bell curve distribution of income that is typical of all developed nations. The change in the distribution of income from the top 20% to the lower 25% is more than balanced by taxation of the top levels of income.
It is simple, tax more, and send more jobs abroad.
However, data does indicate that the distribution of income is more equal in Russia, China, India and Nigeria. Any of those sound nice to you?
Blueneck BillyBob wrote:
Here is the point,AGAIN.. Walmart is our #1 employer...The average employee gets $1000 annual benefits from the federal government... That should not be happening...It`s not the taxpayers job to pay the help.... Not only must taxpayers help to pay the Walmart staff,,the Walton`s don`t pay their fair share either.. The 47% who don`t owe federal tax,get Earned Income credit....BEEN THERE DONE THAT....It`s not heaven,it`s hell...
Republicans said,America will be better off without unions...Companies will pay better when unions are eliminated...
JUST ONE MORE LIE ON A LONG LIST OF RIGHT WING LIES..Good paying middle class union jobs raised the wages to all... America is reaping what Republicans sowed,elimination of unions buys us increased ...............POVERTY......
If your 10 years old,maybe you could buy "Trickle Down" economics...But as an adult who can remember the great economic times before " Free Market" madness began,your right wing history of failures do nothing for me..
ecgberht2 wrote:
You are all whittling around the edges of a simple fact that is undeniable and unchangable. I've been talking about it here for as long as I've been posting and other places for many years. That simple fact is, the world has become small. BnBB actually comes closest when he says "WE SHIPPED OUR JOBS OFFSHORE". Yes we did. But the important question is ... Why? Because we could. In practical terms we could never do that before. We have been experiencing over the past ... oh, maybe 20 to 30 years a great leveling of wage rates across the world. The only way to prevent that is protectionism. Not a good thing. Unions? Nothing but another form of protectionism and a salmon swimming up stream of wage leveling. There is no "fault" with respect to free markets. They are just doing what free markets do and the analysis of people like BnBB and others with respect to the "evil free market" is infantile. Some smart countries who are opening up to western culture and western markets, like China, are benefitting - though so far that benefit is concentrated in cities while the rest of those countries remain poor. Our only hope to maintain our still vastly superior life style compared to the rest of the world is to focus on the upper end of that leveling. It is not in manufacturing, except for very techo-centric products that require highly skilled and highly educated workers. But jobs in design, engineering, chemistry, physics, and the like can keep our standard of living higher than the rest of the world. That's happening in a few European countires; Germany certainly comes to mind. It's probably going to take another 30 years for the transition away from manufacturing to be complete and for Americans to get off their collective butts, turn off their TVs, look away from their smart phones and get going again. Oh ... and by the way, the welfare state that we have developed is not helping things one bit ... especially when a safety net becomes a hammock.