Shady Posted October 12, 2011 Report Posted October 12, 2011 Ya it says something but there's no supporting graph provided. Did they pull it? Was it incorrect? Talk is cheap. You'll have to provide the evidence too Shady. What, do you need a picture? You can't just read words? It's a fact that according to the IRS, the top 10% pay over 70% of income taxes. The top 1% pay over 40% of all income taxes, while the bottom 50% pay ZERO income taxes. Yep that's right, ZERO income taxes. You whole movement is a sham. In fact, I think I can smell your movement from over here. Get some air freshener will you? Yikes that stinks! Quote
bush_cheney2004 Posted October 12, 2011 Report Posted October 12, 2011 I think there's a huge difference between a $1000 a month (if that) Social Security check, and the mainenance of the lifestyles of Wall Street big shots. I don't when you do the math...how many Wall Street big shots are there compared to tens of millions getting entitlements? The road to hell is paved with entitlements. Quote Economics trumps Virtue.
jbg Posted October 12, 2011 Report Posted October 12, 2011 I agree. But you're going to have to blame the government even further, for getting in the mortgage business in the first place. They had a large hand in putting the banks in improper situations in the first place. So unfortunately, they have a hand in fixing the problem. Tell your government to get out of private sector enterprises.Mortgage debt is far from the only securitized debt around. Trust me, I've learned, in my private practice as an attorney, that other consumer debt is deeply securitized. I guess I'll take your word for it. I've never met any of them personally. I have met them. Trust me, some are insufferable. And one of the worst of those joined my Temple after moving down from Toronto because the bank he worked for wouldn't let him attempt certain very risky maneuvers. Quote Free speech: "You can say what you want, but I don't have to lend you my megaphone." Always remember that when you are in the right you can afford to keep your temper, and when you are in the wrong you cannot afford to lose it. - J.J. Reynolds. Will the steps anyone is proposing to fight "climate change" reduce a single temperature, by a single degree, at a single location? The mantra of "world opinion" or the views of the "international community" betrays flabby and weak reasoning (link).
Bonam Posted October 12, 2011 Report Posted October 12, 2011 You haven't the slightest idea what it takes to do well in a liberal arts program, do you? A close friend of mine switched from mechanical engineering to arts because he believed it would be easier to just get his degree and go work for his dad. He dropped out of arts after 2 months and returned to engineering the following term because it was easier. Granted anyone can coast by with a C, get their BA and flip burgers for the rest of their life, but don't be so insulting to those that actually put in the work to get first class honours and full scholarships. It's a hell of a lot more difficult than the credit you give it. You don't spend 10 years in university without getting a feel for the different programs. I too have many "close friends" that studied arts, as well as most other disciplines. My opinion stands. Quote
Bonam Posted October 12, 2011 Report Posted October 12, 2011 100,000 jobs in engineering. You have any idea how many people are unemployed? About 14 million in the US alone. Engineering was just one example. There are plenty of other fields of work. Lots of middle-aged people lost their jobs recently. Companies took the bailout money, then proceeded to let go of thousands of skilled workers. they weren't engineers. Auto workers for example. Maybe they should just go back to school, eh? The comment I replied to was regarding the "youth" protesting on wall street because they, allegedly, go through college and then can't find jobs. It was not about middle-aged workers. Quote
Guest Derek L Posted October 12, 2011 Report Posted October 12, 2011 Ooooh...scary! Doom is upon us! What will people ever do with unemployment rates almost as high as the early 1980's. Kids! Oh Christ I know…….The brother-in-law and I had quite the interesting “debate” with my 20 year old nephew (UVIC student) after thanksgiving dinner over the weekend……….You see, he’s quite enlightened, what with being half way through his BA in political science (Paid for by his parents), and proceeded to tell his father and I how capitalism is destroying the planet……..after some gentle ribbing from us, he tweeted something via his new Iphone, contacted his girlfriend at the condo purchased by her parents in Hong Kong, got in his ‘09 VW Jetta (paid for by his parents) and went off to pick her up and go to Starbucks….. I’ve decided what I’m getting him for Christmas: http://www.thoseshirts.com/checap.html Quote
Bonam Posted October 12, 2011 Report Posted October 12, 2011 I took some statistics research courses for political science. I didn't find them super-easy (math is never fun), but I did get an A+ in all of them because with math you either have the right number as your answer or you don't. There is no subjective opinion of the profs/TA's marking your essays like in most "arts" classes. Getting an A+ on an essay is damn near impossible, which is why I found the stats classes much easier to get better grades. Which is another factor that takes away from the meaningfulness of grades in arts programs. So much depends on how much the prof/TA subjectively likes your writing style, argument, etc. Quote
bush_cheney2004 Posted October 12, 2011 Report Posted October 12, 2011 Engineering was just one example. There are plenty of other fields of work. Yep....fields like Information Technology, Healthcare, Manufacturing, Energy, and Accounting The comment I replied to was regarding the "youth" protesting on wall street because they, allegedly, go through college and then can't find jobs. It was not about middle-aged workers. Yet middle aged workers are not off the hook....for years too many of them did not improve their skills for a changing employment landscape with stiff competition from abroad. Quote Economics trumps Virtue.
Guest Derek L Posted October 12, 2011 Report Posted October 12, 2011 http://dealbook.nytimes.com/2011/10/11/wall-street-protests-inspire-ire-over-bank-recruiting/ I find this amusing………the protestors are marching for jobs and redistribution of wealth, and for good measure, are going to boycott campus recruitment by the banks……That ought to learn them fat cats Quote
jacee Posted October 12, 2011 Author Report Posted October 12, 2011 (edited) From the link: O'Reilly had a poll a week or so back on who'd make the best president.........Cain and Paul supporters flooded the poll with the inherit results showing........ http://www.foxnews.com/opinion/2011/09/29/who-will-win-2011-world-series/ On this viewer poll, most voters thought the Phillies and Yankees would win the world series..... Yes media polls are "non-scientific" but fun. However I'd bet this one's close to accurate from what I've see of left-right sensibilities. You have to remember ... left wing or right wing, everybody thinks economic problems are somebody else's fault (unions/bosses). However, there seems to be more agreement that banksters/tradsters/ceosters are a problem for everyone. Doesn't matter whether you are employed by the public or private sector, union or non-union, if you have a mortgage, loan or credit card you know the banksters are making a lot of money off you. You also know they don't give a damn about you: They pander to the BIG money. The only ones saying "No" are some private sector bossters and the banksters and their lawyers. Nobody wants the financial system to fail. That would hurt every one of us. We want it to improve. It has to improve. It's doing a really lousy job for 99% of us. Edited October 12, 2011 by jacee Quote
bush_cheney2004 Posted October 12, 2011 Report Posted October 12, 2011 ....Doesn't matter whether you are employed by the public or private sector, union or non-union, if you have a mortgage, loan or credit card you know the banksters are making a lot of money off you. You also know they don't give a damn about you: They pander to the BIG money. This is just as it should be...do you think capital is free? I got 99 problems...but a bank ain't one. Quote Economics trumps Virtue.
Guest Derek L Posted October 12, 2011 Report Posted October 12, 2011 Yes media polls are "non-scientific" but fun. However I'd bet this one's close to accurate from what I've see of left-right sensibilities. You have to remember ... left wing or right wing, everybody thinks economic problems are somebody else's fault (unions/bosses). However, there seems yo be more agreement that banksters/tradsters/ceosters are a problem for everyone. Doesn't matter whether you are employed by the public or private sector, union or non-union, if you have a mortgage, loan or credit card you know the banksters are making a lot of money off you. You also know they don't give a damn about you: They pander to the BIG money. The only ones saying "No" are some private sector bossters and the banksters and their lawyers. Do you think if FOX posted a poll asking people if they would be in favour of not paying their bills, taxes etc and only had to work when they felt like it, and anything they wanted, but couldn’t afford, someone else would pick-up the tab for them, would have many oppose such a notion? Quote
jacee Posted October 12, 2011 Author Report Posted October 12, 2011 http://dealbook.nytimes.com/2011/10/11/wall-street-protests-inspire-ire-over-bank-recruiting/ I find this amusing………the protestors are marching for jobs and redistribution of wealth, and for good measure, are going to boycott campus recruitment by the banks……That ought to learn them fat cats Those are big name universities. Never underestimate the power of peer disapproval. These generations of students will put a dent in the 'sexiness' of financial careers and predatory wealth. Quote
jacee Posted October 12, 2011 Author Report Posted October 12, 2011 Do you think if FOX posted a poll asking people if they would be in favour of not paying their bills, taxes etc and only had to work when they felt like it, and anything they wanted, but couldn’t afford, someone else would pick-up the tab for them, would have many oppose such a notion? Irrelevant. Quote
Guest Derek L Posted October 12, 2011 Report Posted October 12, 2011 Those are big name universities. Never underestimate the power of peer disapproval. These generations of students will put a dent in the 'sexiness' of financial careers and predatory wealth. Cutting off the nose to spite the face..........reminds me of a child "teaching" his/her parents by not eating their supper.........I seem to recall "learning" such a lesson from my son, when he was about 6, twice......I'm sure if I asked my mother, I did it once or twice too.......going to bed hungry sure sucks Quote
jacee Posted October 12, 2011 Author Report Posted October 12, 2011 (edited) What, do you need a picture? You can't just read words? It's a fact that according to the IRS, the top 10% pay over 70% of income taxes. The top 1% pay over 40% of all income taxes, while the bottom 50% pay ZERO income taxes. Yep that's right, ZERO income taxes. You whole movement is a sham. In fact, I think I can smell your movement from over here. Get some air freshener will you? Yikes that stinks! Get some data, a link, anything, but a title with a blank graph and your words? Not good enough. Oh, and make sure it's about the wealthiest 1%. Not the top income earners. They're different. Edited October 12, 2011 by jacee Quote
jacee Posted October 12, 2011 Author Report Posted October 12, 2011 The comment I replied to was regarding the "youth" protesting on wall street because they, allegedly, go through college and then can't find jobs. It was not about middle-aged workers. It's about them too, and the rest of us because the wealth is flowing to the 1% from all of us. The donation$ are coming from all ages and all walks of life, except perhaps the wealthiEST. Quote
bush_cheney2004 Posted October 12, 2011 Report Posted October 12, 2011 It's about them too, and the rest of us because the wealth is flowing to the 1% from all of us. That's OK....the bulk of my government's taxes are going to the other 99% as entitlements! Quote Economics trumps Virtue.
jacee Posted October 12, 2011 Author Report Posted October 12, 2011 Cutting off the nose to spite the face..........reminds me of a child "teaching" his/her parents by not eating their supper.........I seem to recall "learning" such a lesson from my son, when he was about 6, twice......I'm sure if I asked my mother, I did it once or twice too.......going to bed hungry sure sucks There are lots of other careers ... auditing thetaxes of the wealthy, for example. Quote
jacee Posted October 12, 2011 Author Report Posted October 12, 2011 That's OK....the bulk of my government's taxes are going to the other 99% as entitlements! What 'entitlements' are dispensable in your opinion? Quote
bush_cheney2004 Posted October 12, 2011 Report Posted October 12, 2011 What 'entitlements' are dispensable in your opinion? Many entitlements are either dispensable, need means testing and/or better funding mechanisms, or should be curtailed with more stringent eligibility. Numerous tax breaks large and small should also be considered "entitlements" that could be eliminated, from home mortgage interest deductions to subsidies for agribusiness, oil/energy companies, etc. Federal and military pensions also need a haircut. Social Security, Medicare, and Medicaid are not sustainable at current levels without a combination of reduced benefits and added tax revenue. Any program that is not paid for should by definition be eliminated or adjusted to be sustainable. Quote Economics trumps Virtue.
capricorn Posted October 12, 2011 Report Posted October 12, 2011 There are lots of other careers ... auditing thetaxes of the wealthy, for example. Canada Revenue Agency's tax auditors (AUs) do quite well in their own right. Entry level AU 1: $48,216.00 to $67,829.00 Top level AU 6: $95,646.00 to $118,503.00 http://www.cra-arc.gc.ca/crrs/wrkng/pyrts/au-eng.html That's not counting the work they do on the side, especially at tax time, which supplements their income. They should lead by example and double what they pay in personal income taxes. Quote "We always want the best man to win an election. Unfortunately, he never runs." Will Rogers
Shady Posted October 12, 2011 Report Posted October 12, 2011 Get some data, a link, anything I've already posted links, which you've ignored. I guess facts get in the way of your lies and meme huh? the top 1 percent of earners account for 20 percent of "adjusted gross income" (an Internal Revenue Service measure) and pay 38 percent of income taxes. That shows how the income tax itself is progressiveLink Quote
jacee Posted October 12, 2011 Author Report Posted October 12, 2011 (edited) http://m.rollingstone.com/?redirurl=/politics/news/my-advice-to-the-occupy-wall-street-protesters-20111012 ...the primary challenge of opposing the 50-headed hydra of Wall Street corruption, which is that it's extremely difficult to explain the crimes of the modern financial elite in a simple visual. The essence of this particular sort of oligarchic power is its complexity and day-to-day invisibility: Its worst crimes, from bribery and insider trading and market manipulation, to backroom dominance of government and the usurping of the regulatory structure from within, simply can't be seen by the public or put on TV. There just isn't going to be an iconic "Running Girl" photo with Goldman Sachs, Citigroup or Bank of America – just 62 million Americans with zero or negative net worth, scratching their heads and wondering where the hell all their money went and why their votes seem to count less and less each and every year. How does law enforcement address the crimes of Bay Street? How can they do it more thoroughly? How can they do it completely? It would seem to me that safeguarding the economic system of Canada from theft, fraud and especially from corruption of government should be a primary function of our law enforcers. Why aren't they doing their jobs? Why has law enforcement in Canada allowed our economy and our government to be co-opted by criminals? Edited October 12, 2011 by jacee Quote
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