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Who will swallow the Corona virus debt? The rich or the poor?


French Patriot

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Who will swallow the Corona virus debt? The rich or the poor?

 

Poverty is a condition imposed by governments through the tax system.

 

The world will have to pay dearly, not only now, but in the near future, for the hardships cause by this pandemic and the various other upcoming health crisis.

 

We are already handing our children a dying planet. Will we saddle them with more poverty as well?

 

Poverty is created by the tax system. Gandhi also said that to impose poverty was a crime.

 

The tax system is controlled by the rich. Demographically speaking, this fact is proven by their outrageous demographic position and control of the legislation.

 

Will the rich swallow the huge debt that will soon hit us, or will they place the debt as more poverty for our next extinction bound generation?

 

The next tax laws, everywhere, will show if more poor die, or if the rich will give up their loose change, which is all that it takes, to end poverty.

 

Regards

DL

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  • 1 month later...

I think that money is the last thing we should care about. 
Seriously. 

Government is destroying the nature. Nature is the only thing which defends people from weather disasters, imagine one good tornado in a city without trees and strong wind from ocean? You will not see this city again 

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On 11/21/2020 at 12:32 PM, French Patriot said:

Who will swallow the Corona virus debt? The rich or the poor?

 

Honestly, do you even need to ask that question? Who is prospering right now during the pandemic, and who is struggling to survive?

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Poverty is a condition imposed by governments through the tax system.

NO, it's a condition imposed by the rich who live off of investment wealth and business income rather than earned income. The rich buy the political influence to rewrite the tax code and business rules. Not the people who have to do the actual work to keep the economy running! 

Quote

The world will have to pay dearly, not only now, but in the near future, for the hardships cause by this pandemic and the various other upcoming health crisis.

No doubt! And it seems to me that right from the start, all of the politicians, bureaucrats and investment gurus keep underestimating the size, scale and length of time these waves of infection last!  Now, we may have arrived at a time in history when we will have to deal with one major infectious outbreak after another.....just like the last time everyone was prospering, becoming 'enlightened' and trade was becoming globalized. That being around the 13th to 14th century. The waves of Black Death or Bubonic Plague sure took care of the globalization problem back then!

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We are already handing our children a dying planet. Will we saddle them with more poverty as well?

Right again!  A number of infectious disease experts have been saying that massive clear-cutting of tropical forests and factory farming have not only sped up the ongoing extinctions of many animal species, but over-reliance on antibiotics and anti-viral drugs are having less and less effect as we encroach further and further into rainforests and pick up diseases that are able to mutate and infect humans. And the problem with a viral pandemic is that viruses mutate too fast to deal with by vaccine development when millions of people become infected in a short time. 

 

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On 1/21/2021 at 4:07 AM, Right To Left said:

NO, it's a condition imposed by the rich who live off of investment wealth and business income rather than earned income. The rich buy the political influence to rewrite the tax code and business rules. Not the people who have to do the actual work to keep the economy running! 

Nice to see a thinking brain.

I do have issue on this quoted bit.

I say yes, because of exactly what you put.

The tax system is what give the rich access to those who do the actual work.

This follows from the fact that the only way to access or gain huge wealth, is to get it from taking advantage of either or both labor or the market place.

The rich are so rich these days that these days are just another day in the life of the rich. That is why they are still just hording.

If the rank and file do not care enough to act, against what the rich are doing, why should the rich?

Regards

DL

 

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On 1/19/2021 at 3:56 PM, Breeze said:

I think that money is the last thing we should care about. 
Seriously. 

Government is destroying the nature. Nature is the only thing which defends people from weather disasters, imagine one good tornado in a city without trees and strong wind from ocean? You will not see this city again 

I share your view but would point out that we are the Governments of the world.

We are all in this together, alone.

Regards

DL

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16 minutes ago, French Patriot said:

Nice to see a thinking brain.

I do have issue on this quoted bit.

I say yes, because of exactly what you put.

The tax system is what give the rich access to those who do the actual work.

This follows from the fact that the only way to access or gain huge wealth, is to get it from taking advantage of either or both labor or the market place.

The rich are so rich these days that these days are just another day in the life of the rich. That is why they are still just hording.

If the rank and file do not care enough to act, against what the rich are doing, why should the rich?

Regards

DL

 

Thanks off the top!

My political thinking has kept me moving more and more to the political left over the past 20 years. So, I am living  disproof of that old Winnie Churchill's patronizing quote many years ago implying that socialist thinking is mostly youthful idealistic thinkiing....and you become a conservative when you have to go out on your own and earn a real living, and earn enough to support a family etc. etc.. Well in my life since turning 40, I've been moving the other direction. But, I think this has to do with taking note of the failed promises we were given after the Cold War was declared over and "a new world order" was replacing prior left/right ideologies, with some smeared liberal capitalism going global, along with trade, in a brand new peaceful world where every nation would enjoy "peace dividends" as all of us innate savages were forced to be peaceable with each other through mutual benefit of being so interdependent on each other for trade and commerce........how has that worked out btw??

So, I've studied Marxism in all its various forms to some degree, but I still don't know whether I can classify myself a Marxist, since Karl himself declared that future generations would have to finish his theory and adapt it to the whole range of conditions around the world. And most Marxists since, are academics who still haven't thought out just how vicious and desperate capitalists and their small armies of supporters dependent on capitalism will act to defend the system. Basically, it looks like they are willing to go out with a bang or a whimper, since the sociopaths with the most power don't care if we all go out with a flash or the slow dying of from environmental destruction! 

It's one thing to 'fight the system' when we deal with rational actors, BUT I don't believe the superrich today are at all rational! Their greed and obsession over measuring their billions they can never spend, means they have all the power and are willing to keep driving to extinction faster and faster these days!  

So, I wish I was more of an optimist, and I don't like telling younger people just how pessimistic I am about the future. Maybe something will change to make the picture look better, but I feel forced to be a realist about it and avoid talking about how I really feel most of the time when I'm around family or talking to friends....which I don't see too often now because of the pandemic.

 

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Political labels, when used, are best expressed in the most modern terms.

Secularism seems to be what the future holds and I use Laïcité as to the direction I am leaning.

Even China seems to be going that way, hindered at the moment by their forced indoctrination phase against Muslims.

It is not the rich being irrational that is our problem.

It is the electorate being irrational that is the problem.

We no longer remember that we are to actively hate what offends moral people and all gods.

We confuse ourselves by living secular equality laws, while at the same time, not  calling the religions that preach inequality traitors to the country.

That is insanity, and we all sit back doing it.

We are all hypocrites, or so it seems.

I exclude you on that.

Regards

DL

 

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23 minutes ago, Right To Left said:

So, I wish I was more of an optimist, and I don't like telling younger people just how pessimistic I am about the future. Maybe something will change to make the picture look better...

 

Ask them if they'll give up their smart phones...

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23 hours ago, bcsapper said:

Ask them if they'll give up their smart phones...

We're all getting forced to carry our portable surveillance devices around with us now! Maybe time to go on a rant about the so called benefits of new technology....and the technocracy that's been created by it to keep us under constant surveillance and harvest all of our information for fun and profit. 

I bought my first cellphone (called a carphone back then...cause they were too big and heavy to carry around) 25 years ago. That phone did everything I needed from a portable phone. It was just for making calls, and I paid a minimum monthly plan with no free airtime or long distance cause I wanted it just for emergencies, since I had a 50 mile (80 km) drive home from work at 3 in the morning.

When it broke down, I discovered that I couldn't get it fixed (because we don't service analog phones anymore....but we got these great deals on digital flip phones....with fake antennas).

Okay, so I had to buy another one.....which got stolen, I bought a newer, smaller flip phone, and when that one failed a few years ago, I found that there is absolutely nothing besides computerized tracking phones to select from. I'd rather do without internet and just buy what I need, but that's not allowed anymore.

Same if you bought one of those Ipods or small mp3 players to listen to music and podcasts with several years ago.  I still have an Ipod Shuffle -- I had to pay twice what it cost retail when they stopped making them for no good reason in 2015, because there are other freaks out there also, who just want to carry a small audio player on them instead of lugging their stupid phone around in a pocket or on one of those ridiculous armbands just to listen to music and podcasts because Apple won't produce them anymore because they want us to buy Iphones instead. I refuse to buy Iphone....and my aggravation over this is the first reason why!

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  • 1 month later...
13 minutes ago, French Patriot said:

Yes. Rather a poor way to treat our children. No?

Regards

DL

What was the alternative?   What if no support or stimulus package?  More homeless people?  More unemployed people?  More failed businesses?  More dead people?

The money spent kept people in their homes, kept people employed, kept businesses open.  The owner of the sandwich shop near my work work has said as much - without that government money, to be paid back over time, he'd have had to close his doors and let two people go.  Do you consider that a better option? 

Taxes are a fact of life.  Claiming it's some huge hardship for coming generations to pay taxes is a false argument.  If governments hadn't been willing to burden coming generations with taxes to fight the first and second world where would we be today?  

If you want to worry about the welfare of future generations, consider what they're going to have to pay for climate change mitigation or even survival.  

18 hours ago, Aristides said:

Of course and when they grow up, middle class children will carry the debt.

Corporate interest in low wages and no benefits and fiscal conservatives refusal to stand up to corporatist means there isn't going to be a middle class.

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3 hours ago, dialamah said:

What was the alternative? 

Change our lousy ways of thinking, and remember that the rich have been profit taking for better than a generation and we adults aught to be bright enough to have them pay some of those profits back.

We are all such immoral cowards these days.

No wonder the rich are laughing at us.

I agree that corporations are the problem, but not as big of a problem as the general thinking that has us not organize our labor and unions.

Regards

DL

 

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