JFK - Path to Prosperity

Excerpts from President John F Kennedy's speech delivered on December 14, 1962 to the Economic Club of New York. http://www.LibertyPen.com

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[espada9]

@emperorkang: Actually it's been shown time and time again that Tea Party members are both better educated and higher earners, hence their concern over out of control federal spending, government waste, corruption and the coming tax tsunami. Even the super left leaning New York Times had an article that supported this.

[kmg501]

@emperorkang

Progressive taxes are nothing more than a despicable class warfare scheme that has no place in this nation. Now if you were talking a mix of a flat tax and consumption taxes, we would be getting somewhere.

As it stands, progressive taxation is immoral, unethical and unconstitutional. Progressive taxes are used as a political tool, any time you have a political tool, it gets abused for populist & collectivist agendas.

[DEKYW]

Today, what does it matter if the American middle- and upper class lives in an overflow of money, when the state can't pay their loans anymore?

[choadstadip1359]

@espada9 The tea party is a gang of radical republicans blaming others for our problems. They blame illegal immigrants and high taxes but the truth is it what the banks fault. The housing crisis was the cause and the fact that weve done nothing to keep jobs in America. TEA party members are isolationist which is not the way to go. that caused ww2 and ofr hitler to rise, They are also racist trying to gain support by getting recommendations from racists like that one sheriff from arizona.

[ZeckRichards]

@klg1956 That's a lot to look up, but I will say this: Global warming is not a ponzi scheme. Every scientific organization (not just American) that has studied it says it's real. The people that deny it are non scientists. Since the topic is science, i think it only makes sense to believe the scientists. Sure, they can make mistakes, but it's not like they studied this yesterday, they've been studying it for years and I don't think every scientist in the world is going to lie just for Al Gore.

[ZeckRichards]

@klg1956 I understand your concern but the money went to the scientists, the manufacturers the materials they need and things like that. In order to create high quality scientific products, it usually requires a lot of money. The reason why Solyndra went bankrupt is because Chinese solar panels were cheaper so nobody bought American. That's becoming the problem with most of our products today. That's why everything is practically made in China. They're cheap.

[ZeckRichards]

@klg1956 We're not taxed to death. Taxes are lower than what they were decades ago. Even lower than Reagan and Bush. 22 million jobs were created in Clinton's second term and 20 million in the private sector, and taxes when he was president I believe were at 60% and if you were rich it was a little higher. Our government now is spending about 4 trillion dollars a year. We have an income of about 10 trillion dollars total. All we'd is pay a 40% tax rate and close tax loop holes.

[klg1956]

@ZeckRichards Look up Molton Metals (Gore/Strong) then Chicago Climate Exchange (North America's cap and trade co)--owners Al Gore/Maurice Strong, then look up the U.N. oil for food scam (Maurice Strong), look up Generation Investment Management (Gore, Strong, Europe's cap and trade co.)..cap and trade (man made global warming) is a ponzi scheme to make Gore, Strong, Goldman, Soros, Obama more wealthy and will make us a 3rd world country.

[klg1956]

@ZeckRichards If you don't pay taxes, you don't get a refund! Politicians say they need a great pension because they do not get Social security...liars! They apply for 1/2 of their spouses social security benefits. They are all liars and thieves and can't even account for the money they have blown, gone into thin air, who received it? Where did the Solyndra 1/2 billion go? another 1/2 billion to Al Gore and his car. It's fraud, all of it and we're stuck paying their ponzi schemes!

[klg1956]

@ZeckRichards We are taxed to death....Warren Buffet has money to hire loads of tax corporations to get him out of paying his fair share...he only pays capital gains...pays himself out of a trust so he doesn't pay taxex like rich people can.....flat tax would make everything fair, 0-30,000 no taxes, 30-50,000 the first 30,000 free from taxes, then taxed on the difference....50-70,000 the first 30,000 free of taxes then taxed on the difference. No loopholes, no deductions, fair to everyone.