Wow, the Wall Street banksters strike back

[finnbow]

Originally Posted by Krazygrrl

You know I'm not a fan of the Iraq War... One can write a lot, and one can discount, in the words of Al Gore, "inconvenient truths".

You've elevated that to an art form, my dear.

[merrylander]

Originally Posted by Krazygrrl

Really? How about ideas of mass redistribution of wealth? Do they not exist or are they not of a "socialist" theme?

"It is not very unreasonable that the rich should contribute to the public expense, not only in proportion to their revenue, but something more than in that proportion.”
― Adam Smith


Adam Smith was a socilaist? Who knew.

[Krazygrrl]

Originally Posted by merrylander

"It is not very unreasonable that the rich should contribute to the public expense, not only in proportion to their revenue, but something more than in that proportion.”
― Adam Smith


Adam Smith was a socilaist? Who knew.

Yes... Of course Adam Smith was a socialist... I am surprised you didn't know till now. That the "rich" are to be made wealthier is the highest form of Socialism there is. The ultimate form of that, when there is a single rich person who controls 100% of the wealth, that is called: Marxist-Leninism.

Originally Posted by finnbow

You've elevated that to an art form, my dear.

Why, thank you... *curtsey*

[finnbow]

Originally Posted by Krazygrrl

How about ideas of mass redistribution of wealth? Do they not exist or are they not of a "socialist" theme?

First, there haven't been ideas of mass redistribution of wealth. Wealth disparity is still far higher in the US than in any other industrialized nation and any slight increase in tax rates for the wealthiest won't really change that dynamic.

BTW, taxation at any level is, by definition, wealth redistribution. Taxation of any and all classes of people to pay for a $750 billion DoD budget is wealth redistribution (and is favored by the GOP, who actually wish to increase it, BTW).

[piece-itpete]

And the dominos fell finn! Guess the GOP had an intellegent and accurate foreign policy

Pete

[finnbow]

Originally Posted by piece-itpete

And the dominos fell finn! Guess the GOP had an intellegent and accurate foreign policy

Pete

I'm not sure I would attribute a Tunisian vegetable vendor's outrage and suicide to the NeoCons.

What is indeed ironic is to hear the same NeoCons now fretting about uncertainty in North Africa and other parts of the Arab world now that despotic regimes have started to topple. Shameless bunch of @ssholes, IMHO.

[finnbow]

Originally Posted by wgrr

Now, onto the subject of the "mass redistribution of wealth". This is what it really looks like. http://www.cbo.gov/doc.cfm?index=12485 It seems we have been living under a socialist government since 1979. The Republicans have used social engineering in the form of massive tax cuts to move wealth up to the top income earners.

I would argue against your definition of socialism, not to say that the inequitable distribution of wealth isn't a problem. I would say that the system in place today is edging closer and closer to a plutocracy as opposed to socialism.

It seems from their actions that the GOP favors this plutocracy and from their point of reference, any action to reduce the concentration of power and wealth at the top by the Democrats is socialism. I suppose it's all a matter of perspective.

[piece-itpete]

Finn, they were for it before they were against it.

Pete

[finnbow]

Originally Posted by piece-itpete

Finn, they were for it before they were against it.

Pete

I think all politicians can be fairly painted with that broad brush, Pete. Romney seems to have elevated this for/against dichotomy to new heights. Maybe it's a Massachusetts thing.

BTW, I still kinda like Romney and would likely vote for him (or Huntsmann) over Obama. The others is the GOP field? Not so much.

[piece-itpete]

Well butter my buns and call me a biscuit. You possibly would vote for a not-Obama?

Pete