Should there be a cap on attainable wealth?

Should there be a cap on attainable wealth?

  • Total voters
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B

beenthere

New Member
UncleBuck said:
we get it, you resent racial mixing. anyone with one drop of hispanic blood in them no longer gets to call themselves "white", even if that's how they view themselves.

you get to dictate who belongs to what race. you are the one in charge of the social construct which is race. i just take people by their self-professed identification. Yep, I'm the guy who is in charge of the census bureau.

no need to dig a hole for yourself, clayton. we already know how you feel about those "niggas".
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All joking aside, blacks laugh at your kind, give it a rest Robin Hood!
 
B

beenthere

New Member
budlover13 said:
Yes and yes. That's part of the reason i left the line of work.

There were SOME things that got "compartmentalized", but.......
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Dude, there are so many cops up here that burn it's crazy.
The majority of them seldom mess with people just for possession but they will take your shit if ur driving.
 
UncleBuck

UncleBuck

Well-Known Member
beenthere said:
All joking aside, blacks laugh at your kind, give it a rest Robin Hood!
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you want me to give it a rest? why?

is it because i am pointing out the uncomfortable reality that you consider people to not be "white" if they have mixed with non-whites? that's the position you took, you get to live with it clayton.

if someone is part hispanic but identifies as white, do you correct them and tell them that they do not meet your racial purity standard?

i mean, jesus fuck. you are one racist bastard, clayton. fuck you and your shitty neon yellow twigs.
 
budlover13

budlover13

King Tut
beenthere said:
Dude, there are so many cops up here that burn it's crazy.
The majority of them seldom mess with people just for possession but they will take your shit if ur driving.
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See, even that's fucked up imo. i didn't burn on the job but i did burn. And imo, burning and coke and heroin and everything else is a personal choice. STILL trying to make up for being a hypocrite at times.
 
Winter Woman

Winter Woman

Well-Known Member
NoDrama said:
If I sold you a stock knowing it was worthless and then bet against you because I knew what I sold you (and told you it was valuable)was worthless and made a shit ton of money in the process, I have just engaged in an illegal activity called fraud. Fine me a million or 2 if you must, but I get to keep the $13 trillion I stole.
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It is legal and it is called Shorting. Perfectly legal. In all my years I have never, NEVER, knew or met anyone who traded big board stocks face to face. So how would this person TELL another person it was valuable? And it isn't fraud. As a buyer of stocks it is YOUR responsibility to do your due diligence, if you don't you shouldn't be buying stocks.

You are really stretching things here in trying to make your point which reduces the value of your answer in my eyes.
 
Winter Woman

Winter Woman

Well-Known Member
NLXSK1 said:
Let me ask this...

Should there be a cap on short term wealth gain?

I mean, we have movie stars raking in 20 million for a movie that takes them less than 3 months to make.

We have football players entering into hundred million dollar contracts and NONE of them has a season that lasts all year long.

Should there be a cap on their pay?
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Short answer - NO.
 
Winter Woman

Winter Woman

Well-Known Member
Padawanbater2 said:
Does the fact the richest 400 Americans hold more wealth than the lowest 150,000,000 combined bother any of you?

http://rwer.wordpress.com/2011/11/01/the-400-wealthiest-americans-now-own-more-than-the-lower-150-million-americans-put-together/

-Nearly two-thirds of net private assets are concentrated in the hands of 5 percent of Americans. In comparison, the upper 5 percent of Germanyhold less than half of net assets. In 2009 alone, at the same time as the US was being convulsed by mass layoffs, the number of millionaires in the country skyrocketed.

-even the CIA has concluded that wealth disparity is greater in the US than in Tunisia or Egypt.

-the US has entered a new Gilded Age, a period of systematic inequality dominated by a new class of super-rich.

-the development is also accelerating. In the years of economic growth between 2002 and 2007, 65 percent of the income gains went to the top 1 percent of taxpayers. Likewise, although the productivity of the US economy has increased considerably since the beginning of the millennium, most Americans haven’t benefited from it, with average annual incomes falling by more than 10 percent, to $49,909 (€35,184).

-1 percent of American society now controls more than half of the country’s stocks and securities.

-the average income for securities traders has steadily climbed to $360,000 a year.

-In 1980, American CEOs earned 42 times more than the average employee. Today, that figure has skyrocketed to more than 300 times.

-Last year, 25 of the country’s highest-paid CEOs earned more than their companies paid in taxes.

-Wall Street bosses and CEOs have successfully arranged extensive deregulation for their industries.

-Warren Buffett earned $63 million last year but was only required to pay 17 percent in taxes.

-studies show that increasing inequality and political control concentrated in the hands of the wealthy elite have drastically reduced economic mobility and that the US has long since fallen far behind Europeon this issue.
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I think it is great to live in one the wealthiest nations in the world. From what I see from above living here gives me the potential to rise far above where I am now. Show me this potential in a socialist or communist country, especially in such large numbers.
 
Winter Woman

Winter Woman

Well-Known Member
Padawanbater2 said:
Wars do not provide freedom in the 21st century and we certainly don't go to war because our freedom is threatened













You guys keep up the circle jerk, I was going to respond to the rest of this but I already know how that story ends and I'd rather go see how many rocks are in my yard to tell you the truth.

This current system is working brilliantly anyway.... right? :roll:

Unsubscribed
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This reply gets one star
 
MuyLocoNC

MuyLocoNC

Well-Known Member
UncleBuck said:
have you ever read his books?

he self identifies as black. people like clayton, who are responsible for this social construct we call race, treated him as black because he appears black, even though he is biracial.

who are you to tell someone what their race is? are you scott brown?
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I think it's hilarious you referenced Scott Brown. I was going to make a rebuttal to the highlighted section of your post using the stupidity of Elizabeth Warren's laughable self identification of being a "Native American". Yeah, I don't think we'll be going by self identification any more, at least as long as significant benefits are tied to the outcome. :P

chief-speaking-bull-elizabeth-warren.jpg
 
Doer

Doer

Well-Known Member
NLXSK1 said:
Let me ask this...

Should there be a cap on short term wealth gain?

I mean, we have movie stars raking in 20 million for a movie that takes them less than 3 months to make.

We have football players entering into hundred million dollar contracts and NONE of them has a season that lasts all year long.

Should there be a cap on their pay?
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Well, no. How about Mick Jagger? The entertainers get the big bucks because they are unique. They have not govt support. They support the govt. That extends to CEOs who are entertainers, after all. They entertain their share holders with shows of Confidence. Very few people ever get that big time chance.

This I say is true. We get what we measure. If everyone payed 95% in tax...EVERYONE. We still don't have nearly enough money with the waste in govt. They will just borrow more. There is more money borrowed in world than exists. Everyone knows that, right?

The mortgage on the world is 90%, only 10% is cash. It's plain crazy. What is important is what is not mentioned in Politics. The 4th and 5th, and 6th rails of doom.

I thought you wanted to tax the rich? Cap the pay is against that.
 
Doer

Doer

Well-Known Member
Winter Woman said:
It is legal and it is called Shorting. Perfectly legal. In all my years I have never, NEVER, knew or met anyone who traded big board stocks face to face. So how would this person TELL another person it was valuable? And it isn't fraud. As a buyer of stocks it is YOUR responsibility to do your due diligence, if you don't you shouldn't be buying stocks.

You are really stretching things here in trying to make your point which reduces the value of your answer in my eyes.
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Also, perfectly legal to pay 14.x % in tax. No one will face the fact that the amount of tax is $10s of millions a year in Mitts case. Plus, 1/3 to charity, That dwarfs Obama. And Mitt is a full 1 inch taller.
 
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