How the rich get richer

Discussion in 'Politics' started by Bass v 2.0, Apr 11, 2010.

  1. Bass v 2.0
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    Bass v 2.0 Biblical Warrior For God.

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  2. Rambunctious
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    Rambunctious Gold Member

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    When someone works hard and achieves wealth sometimes his or her achievement comes at the expense of the interest of other people, it's unavoidable. The good thing about our economic system is that everyone has an opportunity to be a wealth earner.
    Wealth is not a 0-sum gain, when I earn a thousand dollars I'm not taking it from a poor person. If you want to see real poverty than keep supporting the current economic path our country is on now. Opportunity should never be limited especially by government.
     
  3. Bass v 2.0
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    Bass v 2.0 Biblical Warrior For God.

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    Read the links about tax loopholes and corporate welfare, those are things that are not earned, middle class and lower class people work just as hard and put in even more hours than the rich yet they are not getting richer, the rich put in less hours and get richer, the notion that everyone can somehow get rich and have the same opportunities to get rich just like the wealthy is pure individualistic lies and propaganda.
     
  4. momonkey
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    momonkey simianus restituo officiu

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    Take it up with your bought and paid for president.


    Goldman Sachs $994,795

    Citigroup Inc $701,290

    JPMorgan Chase & Co $695,132

    UBS AG $543,219

    Morgan Stanley $514,881


    He voted for the bailouts and never raised a question about executive pay until it became a political liability.
     
  5. Bass v 2.0
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    Bass v 2.0 Biblical Warrior For God.

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    I never said I agreed with those bailout payments Obama pushed and I never agreed with it when Bush did it earlier, the difference between the two is that Obama didn't want to make those payments if the same people who caused the collapse of the companies were still going to be in charge.
     
  6. Rambunctious
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    Rambunctious Gold Member

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    Corporate welfare? It seems to me that if I was employed by a corporation I would be happy to see that my government values the worth of the company I work for.
    Corporations do a tremendous amount of good for our society and without them we would be in a world of hurt.
    If a corporation gets a tax break or a "loop Hole" and can continue to create, employ, and innovate than that's a good thing for society and a worthy investment if you ask me. A far more worthy investment than extending unemployment compensation.
     
  7. RetiredGySgt
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    RetiredGySgt Platinum Member

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    Bullshit. The ONLY person he was against was ONE CEO. Which by the way, is none of his business. The President has no authority to fire Private Companies personnel. And the Bail outs did not give him that authority.
     
  8. Bass v 2.0
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    Bass v 2.0 Biblical Warrior For God.

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    He was against more than one CEO but as I said I was against giving companies bailouts, especially after their greed nearly killed the economy, you can't against government being involved and then turn a blind eye to the retards who mismanage a company and put employees out of work. The POTUS can't fire anyone, true, but he can refuse to bailout companies that want to keep the same corrupt people in charge.
     
  9. Bass v 2.0
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    Bass v 2.0 Biblical Warrior For God.

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    They're using the loopholes to make themselves richer, not to do anything for the good of the employees, thats why they reward the highest ranking people in the companies with bonuses and give people at the bottom very little.
     
  10. RetiredGySgt
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    RetiredGySgt Platinum Member

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    No he can not, That is Congresses fake job. They have no legal or Constitutional right to involve themselves in Private Companies to begin with. But they NOT the President control the purse strings.
     

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