@CapitalistResistance, "why is it that a man who makes $20 million a year should pay a 1000 as much as a man who makes $20k". You're arguing against a flat tax rate and for the super wealthy.
Consider 100 people, with collectively $100, and the government needs $20. How do you tax the 100 people? A flat tax of 20% works, but you're against that. Your solution? You logic suggests 20¢/person, ie $1 for the top 5% who own $60, and $8 for the bottom 40% who own 20¢. See the problem?
One point to add regarding oversight at the GSEs, before the Paulson take over, about half of the board of directors for these companies had been appointment by the U.S. President and confirmed by the Senate.
These were political enterprises under political direction but using the private money of shareholders and those that bought the securitized debt.
Objectivists are radicals for capitalism. What is capitalism? It is a social system that bans the use of force. Thus the rights of individuals are protected by the threat of retaliation. If you really want change then you want capitalism, NOW!
You just take a poor argument of your opponent and go on and on with the same. "Because they can afford..." really sucks. You are asking - by what right? By the right of protecting my life from the rich!
Hahaha you don't even know who you are talking to :) I was born in USSR, and government provided me with free education and health care.
The rich should not be allowed to go overboard with their wealth in the same way they should not be allowed to have weapons of mass destruction. Riches did a lot of crime in the past and are doing it now as well. Just look at Latin America, Africa and post-Soviet states. And please THINK before you post, I am not a teenager to zealosly follow stupid slogans.
"I am not a teenager to zealosly follow stupid slogans."
I mean grow up out of your criminal and communistic mentality, thinking that others are your slaves and should work for you. Thieves and thugs think the same way.
The USSR destroyed and empoverished millions of people and the "free", scarce and inefficient education and health care you are talking about were paid with the blood of those people. No wonder so many people with degrees in the ex USSR were and still are unemployed.
"Riches did a lot of crime in the past and are doing it now as well. Just look at Latin America, Africa and post-Soviet states."
I can only assume you are talking about rich people from the government.
USSR education actually was not bad at all. Health care - don't know about others, but pediatrics was excellent, much much better than in modern America. I don't defend Soviet system, I am just laughing how you are too quick with your conclusions.
Does it matter, are they from the government or not? They are dangerous that's all.
"The USSR destroyed and empoverished millions of people"
You tell me about it. While USSR government was starving its own people in 1933, you self-absorbed individualistic scum didn't move a finger to help. Or what, maybe was immoral to you?
And you grow up of your radical capitalistic mentality. The truth is in the middle. You cannot let rich people have their fortune to amount to America's GDP, it's dangerous.
"Envy?? Don't make me laugh. I am talking about power"
I am talking about the same thing, you wanna bring them down because they are better and more powerful than you not because they are bad. You envy them that's why you fear them.
"Does it matter, are they from the government or not? They are dangerous that's all."
It matters a lot actually, there's all the difference in the world between government thieves and working businessmen.
"Do I have to? I thought it was rhetorical question."
Well you just ignored those facts.
"USSR government was starving its own people in 1933, you self-absorbed individualistic scum didn't move a finger to help."
LOL are you serious? It was USSR's fault and no one else's, and I am sure alot of people (rich or not) would want to help if they could or knew about it at the time.
No, the truth is in reality, and it's been proven countless times that dictatorships (like democracy) are evil and parasitic and that people thrive in freedom and have the right to live their lives as they want to. Isn't that obvious?!
I don't want to bring them down. I want to limit their power below that of a government. Because the government is at least supposed to represent interests of the country, while "businessmen" play only for their own interests.
Do you know Victor Bout? Google it at tell me what do you think about this "businessman".
Money is power. And power should not be concentrated in hands of a few rich individuals. That's why rich should pay more, and the richer you are the more you should be taxated.
@CapitalistResistance, "why is it that a man who makes $20 million a year should pay a 1000 as much as a man who makes $20k". You're arguing against a flat tax rate and for the super wealthy.
Consider 100 people, with collectively $100, and the government needs $20. How do you tax the 100 people? A flat tax of 20% works, but you're against that. Your solution? You logic suggests 20¢/person, ie $1 for the top 5% who own $60, and $8 for the bottom 40% who own 20¢. See the problem?
ZangaroZen 1 year ago
Very intersting. In Regards is there any consideratation of how this all has happened?
Consider the UFO cover-up.
smithpg33 2 years ago
One point to add regarding oversight at the GSEs, before the Paulson take over, about half of the board of directors for these companies had been appointment by the U.S. President and confirmed by the Senate.
These were political enterprises under political direction but using the private money of shareholders and those that bought the securitized debt.
jwoodswce 3 years ago
I wonder what Obama thinks he's going to pay for universal healthcare with? The US is already bankrupt.
Guncriminal 3 years ago
Atlas Shrugged's "Directive 10-289" comes to mind suddenly...maybe its just my paranoia.
Nelapidae 3 years ago
Objectivists are radicals for capitalism. What is capitalism? It is a social system that bans the use of force. Thus the rights of individuals are protected by the threat of retaliation. If you really want change then you want capitalism, NOW!
Signofthedollar 3 years ago
You just take a poor argument of your opponent and go on and on with the same. "Because they can afford..." really sucks. You are asking - by what right? By the right of protecting my life from the rich!
xxfZ 3 years ago
"By the right of protecting my life from the rich!"
What the rich has done against you?! Provide you with compatible products?!
And what the government has done against you?! Take your money, property and freedom by threat and force?!
Grow up ok.
SuperFinGuy 3 years ago
Hahaha you don't even know who you are talking to :) I was born in USSR, and government provided me with free education and health care.
The rich should not be allowed to go overboard with their wealth in the same way they should not be allowed to have weapons of mass destruction. Riches did a lot of crime in the past and are doing it now as well. Just look at Latin America, Africa and post-Soviet states. And please THINK before you post, I am not a teenager to zealosly follow stupid slogans.
xxfZ 3 years ago
"Hahaha" "THINK before you post"
Wow I can't argue against that.
"I am not a teenager to zealosly follow stupid slogans."
I mean grow up out of your criminal and communistic mentality, thinking that others are your slaves and should work for you. Thieves and thugs think the same way.
SuperFinGuy 3 years ago
The USSR destroyed and empoverished millions of people and the "free", scarce and inefficient education and health care you are talking about were paid with the blood of those people. No wonder so many people with degrees in the ex USSR were and still are unemployed.
"Riches did a lot of crime in the past and are doing it now as well. Just look at Latin America, Africa and post-Soviet states."
I can only assume you are talking about rich people from the government.
SuperFinGuy 3 years ago
Btw you haven't answered my question of what the rich and the government have done against you...
SuperFinGuy 3 years ago
"Btw you haven't answered my question of what the rich and the government have done against you..."
Do I have to? I thought it was rhetorical question.
xxfZ 3 years ago
"The USSR destroyed and empoverished millions..."
USSR education actually was not bad at all. Health care - don't know about others, but pediatrics was excellent, much much better than in modern America. I don't defend Soviet system, I am just laughing how you are too quick with your conclusions.
Does it matter, are they from the government or not? They are dangerous that's all.
xxfZ 3 years ago
"The USSR destroyed and empoverished millions of people"
You tell me about it. While USSR government was starving its own people in 1933, you self-absorbed individualistic scum didn't move a finger to help. Or what, maybe was immoral to you?
xxfZ 3 years ago
And you grow up of your radical capitalistic mentality. The truth is in the middle. You cannot let rich people have their fortune to amount to America's GDP, it's dangerous.
xxfZ 3 years ago
"Envy?? Don't make me laugh. I am talking about power"
I am talking about the same thing, you wanna bring them down because they are better and more powerful than you not because they are bad. You envy them that's why you fear them.
"Does it matter, are they from the government or not? They are dangerous that's all."
It matters a lot actually, there's all the difference in the world between government thieves and working businessmen.
SuperFinGuy 3 years ago
"Do I have to? I thought it was rhetorical question."
Well you just ignored those facts.
"USSR government was starving its own people in 1933, you self-absorbed individualistic scum didn't move a finger to help."
LOL are you serious? It was USSR's fault and no one else's, and I am sure alot of people (rich or not) would want to help if they could or knew about it at the time.
SuperFinGuy 3 years ago
"The truth is in the middle."
No, the truth is in reality, and it's been proven countless times that dictatorships (like democracy) are evil and parasitic and that people thrive in freedom and have the right to live their lives as they want to. Isn't that obvious?!
SuperFinGuy 3 years ago
"dictatorships (like democracy) are evil and parasitic"
Is this your position or is it what all Objectivists think?
xxfZ 3 years ago
"you wanna bring them down"
I don't want to bring them down. I want to limit their power below that of a government. Because the government is at least supposed to represent interests of the country, while "businessmen" play only for their own interests.
Do you know Victor Bout? Google it at tell me what do you think about this "businessman".
xxfZ 3 years ago
"It matters a lot actually, there's all the difference in the world between government thieves and working businessmen."
Just go to Columbia. Government decides nothing in Columbia, everything is in hands of narcobusiness. Or better go to Africa. Have fun.
xxfZ 3 years ago
Money is power. And power should not be concentrated in hands of a few rich individuals. That's why rich should pay more, and the richer you are the more you should be taxated.
xxfZ 3 years ago
Envy is a very ugly thing.
SuperFinGuy 3 years ago
Envy?? Don't make me laugh. I am talking about power, and you are talking about envy. I think we are discussing different things.
xxfZ 3 years ago
You should do public debates.
qtronman 3 years ago 2
Nice rape analogy.
qtronman 3 years ago 3
Haha yeah. Bingo.
Beethovens7th 3 years ago