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WCGreen

Profile Information

Gender: Male
Current location: Cleveland Ohio
Member since: 2003 before July 6th
Number of posts: 45,553

Journal Archives

We will allow you to remain poor and sick....

Exists, really, while we, meaning the 1%, will remain wealthy and rich...

Isn't that what they are really saying?

Sure they lulled us into thinking that the pie is always going to get bigger, it's how they convinced us the first few time to go along with their Supply Side delusion.

But now with all the evidence out there about peak oil, peak food, peak everything, how long are the rest of us going to stand buy while hundreds of million American's suddenly find themselves on the outside looking in at the very secure and very private gated communities...

They are still at it, with this global warming is a hoax, we can just drill our way to the Shopping Mall, we should never doubt the power of a "free" market. (BTW, the only free in that allusion is that a free market allocates accordingly when all it does is end up in one pile controled by a few people.)

This is really what we are going to see in our lifetimes as the Southern part of the Northern Hemisphere dries out and forces millions of people north. This idea of setting up a barrier is to test the efficacy of a secure border to stop the inevatable migration north.

I keep looking around the world and see everything churning, boiling, rolling around and around and all I can think about is that the Future is going to suck because of these reality deniers with their very deep pockets and their very large megaphone...

The income gap in this country is going to continue to rise unless we tax all income...

The same way.

Giving Capital Gains tax breaks is forcing more and more emphasis to be on how the stock of the company is perceived and not always, how it performs in the market place.

All the major discussion makers are vested in keeping the stock that they earn through option plans rising at whatever cost.

And with billions of shares of stock transacting each and every day, the pressure is on to keep the investors happy.

But are they really investors?

They are more like margin hunters who shave off profits from companies. The problem is there is no real consequence. Even the short-term capital gains rate is far lower than the highest marginal tax rate.

So if you make a couple of million dollars of salary, you pay about 39% on taxable income.

If you make a couple of million moving stock from here to there, your highest rate is still four percent below what you would make from earning a wage or salary.

The thing is this; there is an investor driven motivation margin on the value of stock.

And since the people who are running the company feel that the shareholders are more import, mainly because they are shareholders, they just might not make the most economical decision and choose to go to taking action to increase the value of the stock.

Now this really gets us down to the FoxComm thing.

The large computer companies are willing to shave the money to pay for workers in order to increase the value of the stock.

With technology and shipping put into the mix, I wonder just how profitable selling stuff here in the US of A would be if there were a tax on overseas manufacturing, you know, make it a little bit more competitive.

That is why all these trade agreements go the way they do. The companies, who have set up shop in the third world, mainly with US and European investments, have it both ways. They keep their profit margins high and still sell like crazy here in the biggest market in the world.

And then of course, there is all this emphasis on credit and must have things feeling in America today. That makes up nicely for the whole in the wallet that all this capital manipulation has put in the pockets of most Americans, you know, the 99% thank you very much.

But there will be a tipping point if the people here in this country can no longer afford the newest do dads and whatchacallits...

ThenÖ.

We have a lot of work to do to reshape this country. Perhaps the kids that now canít afford to move out of the house until they are thirty may be just like my grandparents who never got over the fear of the Great Depression.

Who knows?

The bottom line, our culture has to change.

And I donít care how much anyone dislikes the actions of president Obama. I cringe as I look at those loathsome margin chasers on the other side salivating to get the reins of power back so they can shovel more money at the rest of the 1%.

You know what might have been a great gesture on the part of the NFL Players Association

To, you know, stand uo for their union brothers with this right to work crap they passed just last week in Indiana...

After all, the Super Bowl is being played in Indiana.

It would be great if some of the big time Unions, NBA has a team in Indiana, to voice solidarity with workers.

They could really fuck things up for the whole country by refusing to play in states where they have right to work laws.

Just thought I would bring that up....

This idea that investing with after tax money somehow absolves people from ever paying taxes on the

gains from that investment is absurd.

First of all, earning money is in and of itself is an isolated economic event.

Investing money is as well an isolated economic event.

The gain (or loss) from that investment increases (or decreases) the pile of money you started with from the start.

Second, if you make investment income tax free then you would also have to say that it should not be used to lower taxes if a loss is the result of your investment.

Now as it stand, you can deduct up to $1,500 to $ 3,000 from your ordinary income (Wages, rents and interest) if you sell an asset or investment at a loss.

That would go away using the magical financial segregation Mr. Romney believes in with all his heart.

So Mr. Romney, this is a country of individuals who come together to form a society. If we continue to pit one class of people against another, how long can we expect that society to stand firm.

After all, it wasn't the sons and daughters of the 1% who were fighting and dying "for" our country, it was overwhelmingly the kids who were looking to fit in someplace and found the Armed Forces.

If you lose the support of the people who love their country, believe that this is a country of men and women and not a country of haves, and have notís then you destroy the connection we have to the USA...

This idea that investing with after tax money somehow absolves people from ever paying taxes on the

gains from that investment is absurd.

First of all, earning money is in and of itself is an isolated economic event.

Investing money is as well an isolated economic event.

The gain (or loss) from that investment increases (or decreases) the pile of money you started with from the start.

Second, if you make investment income tax free then you would also have to say that it should not be used to lower taxes if a loss is the result of your investment.

Now as it stand, you can deduct up to $1,500 to $ 3,000 from your ordinary income (Wages, rents and interest) if you sell an asset or investment at a loss.

That would go away using the magical financial segregation Mr. Romney believes in with all his heart.

So Mr. Romney, this is a country of individuals who come together to form a society. If we continue to pit one class of people against another, how long can we expect that society to stand firm.

After all, it wasn't the sons and daughters of the 1% who were fighting and dying "for" our country after 9/11, it was overwhelmingly the kids who were looking to fit in someplace and found the Armed Forces.

If you lose the support of the people who love their country, believe that this is a country of men and women and not a country of haves, and have notís then you destroy the connection we have to the USA...

I'm Sorry, I meant to post this over on General Discussion......

I would be just a tad bit more understanding of Romney's wealth if, and it's a huge if...

he hadn't been born into a family of privilege and entitlement.

There is something uniquely American about the self-made man, a woman who sacrifices to build a company or a practice or someone inventing a key advancement.

But there is absoluty something wrong about a tax code that punishes work and benefits investments.

When I was growing up, I was taught that intellectual ability, willingness to work hard and access to investment funds were essential to success under our economic system.

It wasn't a guarantee, but it would surely be the foundation on which success is built. Especially when they were all weighed in equal parts.

Taxes.... The whole tax code as it presents itself now is nothing more than

an incentive based social tinkering, touchy feely kind of program

The very stuff that drives conservatives wild when it comes to handing actual funds to those in need.

But they never once consider the opportunity, funds, lost by all that carved out of the taxes paid by encouraging behavior deemed beneficial to the overall economy.

It isn't really a matter of fairness; it is a matter of entitlement for those who fancy themselves as more important to the economy than consumers.

Now again, I have been preparing taxes since 1986 and have seen so many changes in the tax code.

The overall result has been an increase in reckless economic activity, the glorification of the guy who is willing to do whatever it takes to squeeze the last available dollar from an investment and, most important to all of us who aren't full time "investors", less money available to the federal government for public investment.

The result of this is an increased private sector solution to stuff such as roads and schools that should be public investments.

The deficit has been used to scale down the scope of government, which, I believe, will ultimately set up a society that is divided between those who own and those who do not. Kind of like midlevel Europe.

The serfs, most of us, will be there simply to serve the needs, wants, and desire of the owning class.


A Question as we move deeper into the 21st Century....

Is it time our society to finally view criminal activity as a matter of justice instead of, as it is in so many cases, seeking revenge?

If we can get passed this point, I think we can make a giant step forward toward a moral based society that deals equally with all kind criminal behavior.

Think how we treat the situation when murder is the crime. What I want to focus on now is the questions asked after the verdict has been adjudicated.

There is always the feeling that somehow justice is served if the death penalty is handed down.

You can gussy it up anyway you want but the eye for an eye path is seeking revenge. Now that we have a judiciary that is set aside from the individuals involved, which should not even be a consideration.

The bottom line is that the person has been killed and that no matter what we do to the perpetrator, that murdered person is not coming back.

Then again, I like the idea that the punishment must fit the crime.

Nevertheless, is the state killing to satisfy a personal, and I would add, as well as a societal revenge justified?

I am sure there will be people who will not be satisfied unless a life is traded for a life. And often times I feel that way as well. It's instinctive I guess.

I just want to put forth this idea of vengeful justice versus indifferent or rather impartial punishment.

So if Food Stamps are a corrupting factor in the Black Community as Newt thinks...

What about the corrupting influence the changes in the Capital Gains Tax did to the Investment Class, those in and supporting it...

It is pretty simple to me, the GOP, no matter how many Black People they can parade on stages, are, at heart, racial.

Not so much the people running the show, they are more calculatingly cynical, but the majority of the rank and file.

No, there wasn't any connection...

The Board was depolitisized starting in 2002...

I served as a Board Member in 1995-96 and we were mainly dealing with tech issues since it was when everything was going digital.

The percieved problems in the counting in Cuyahoga Country was a flub of double counting absentee ballots in a few precincts. As soon as they discovered it happen, the numbers changed in these precincts and people just went with it.

Also, they had consolidated a whole mess of precints in the early part of the 2000's. There was over 2200 precincts in 2000. I believe they got it down to about 1700 for the 2004 election. This was mandated by the SOS. But each board was responsible for their actions. Many of the precincts were dead due to massive populations shifts. 2004 was the first election with all the new precincts in so there were several areas that were not allocated the correct nember of machines.

Also, Cuyahoga County is so dominated by democrats, no one in their right mind would believe that the GOP would be able to manipulate voting. There would have had to have been unprecidented cooperation between the party's and that wasn't going to happen.

I had a thread on DU that explained how it happened. It's probably still over on DU2.

You have to remember that the Boards of Election were hyper partisan. For every democrat there had to be a republican. It was crazy. So there was always one person watching another person all the time.

The corruption in the County is strickly about people doing favors for other people. It's as simple as that.

I know most of the major players and was in fact Dimora's treasurer for the party and his political accounts.

I quit in 2001 so what ever happened after that....

Anyway, Dimora just got greedy. He was drunk with power being a commisioner and the chairman of the party.

I ran into him about two years before the scandal broke and he had become a real self-important jerk. I'm glad I got out hen I could.

So the stuff that happened in the county as of late had nothing at all to do with the stuff that happened at the BOE in 2004.
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