War on The Rich: Dumbest Idea in History of Man

[Dad2three]

and yet you're not acknowledging my obvious and correct point.

Since you are the one who decided to reply to me, your point is irrelevant to the incorrect assertion that wealth is a zero-sum game.

You LIE. Shocking. The premises, as I've outlined to you, was

Adam Smith, in his seminal work The Wealth of Nations, described wealth as "the annual produce of the land and labour of the society".

JUST like my link, and my posting showed.

Lying right winger? I'm shocked

You are a fool because you don't have the sense to know what you don't know. Perhaps you should have read further down your Wikipedia link.

In economics, wealth in a commonly applied accounting sense is the net worth of a person, household, or nation, that is, the value of all assets owned net of all liabilities owed at a point in time. For national wealth as measured in the national accounts, the net liabilities are those owed to the rest of the world.

economic definition of wealth - Google Search

You learn this in the first week of Introductory Economics 101. You should get an education. Then, you wouldn't display your ignorance online for all the world to see.

It's ironic that you quote Adam Smith. The Wealth of Nations was the first teatise demonstrating that wealth wasn't a zero-sum game.

Of course, you wouldn't know that.

So NO, you will not take Adam Smith's AND MY definition of wealth as the posit was, instead you'll change it and argue from a different posit? Typical right winger!

Sorry, s0n. You don't rate.

Come back when you have a basic understanding of economics rather than parroting blog posts.

Got it, you don't value the original posit OR Adam Smith definition!

 

[Dad2three]

Really? PLEASE enlighten me HOW it applies to EVERY American Bubba when it's VERY limited in focus and availability to use it, to those like Mitten's?

Doesn't matter who uses it, the law is available to all Americans. It's not just available to any one group, it's available to all and it applies to all. Now do the wealthy benefit more than others? Perhaps, but that can be said about the Constitution and free market capitalism in general. You don't want to repeal the Constitution to "punish the rich" do you?

Weird, EVERYONE can benefit from specific loopholes? lol

 

[The Rabbi]

It seemed to work pretty well in the early years of the Constitution. Because people didnt have to pander to ignorant assholes who couldn't hold a job and resented anyone with a bigger house. Like you.

They used to just let em die. Life expectancy was in the 40s

Our government cares more about the people now

Damn. Had o idea our very lives depended on government.
Thanks, Nutsucker!

Actually they have
Our life expectancy has doubled since the founding of our country. Most of which we owe to your evil Gubmint

I hope you took your shoes off and genuflected before you typed the word "government"

Why wouldn't I be proud of the greatest government in the history of mankind?

The one that is wholly owned by rich people and has murdered millions?
No reason, I guess.

 

[Contumacious]

Really? PLEASE enlighten me HOW it applies to EVERY American Bubba when it's VERY limited in focus and availability to use it, to those like Mitten's?

Doesn't matter who uses it, the law is available to all Americans. It's not just available to any one group, it's available to all and it applies to all. Now do the wealthy benefit more than others? Perhaps, but that can be said about the Constitution and free market capitalism in general. You don't want to repeal the Constitution to "punish the rich" do you?

Weird, EVERYONE can benefit from specific loopholes? lol

The poster is very accurate.

We love firearms, we love pussies, and in 2014 socialists refer to radical freedom lovers as lunatics.

.

 

[rightwinger]

They used to just let em die. Life expectancy was in the 40s

Our government cares more about the people now

Damn. Had o idea our very lives depended on government.
Thanks, Nutsucker!

Actually they have
Our life expectancy has doubled since the founding of our country. Most of which we owe to your evil Gubmint

I hope you took your shoes off and genuflected before you typed the word "government"

Why wouldn't I be proud of the greatest government in the history of mankind?

The one that is wholly owned by rich people and has murdered millions?
No reason, I guess.

Millions?

Are you sure it's not billions?

 

[The Rabbi]

Damn. Had o idea our very lives depended on government.
Thanks, Nutsucker!

Actually they have
Our life expectancy has doubled since the founding of our country. Most of which we owe to your evil Gubmint

I hope you took your shoes off and genuflected before you typed the word "government"

Why wouldn't I be proud of the greatest government in the history of mankind?

The one that is wholly owned by rich people and has murdered millions?
No reason, I guess.

Millions?

Are you sure it's not billions?

I dunno. At this point what difference does it make?

 

[Boss]

LMFAOooo.... So, it saves $2.1 billion per year?

That should just about cover Obama's green fees!

So you REALLY don't want ONE law that benefits the 'job creators' after all. You ae a tool Bubba

No, I had rather get rid of laws which hinder the job creators and encourage them to create more jobs. The OPPOSITE of what you stupidly want to do.


Again, YOU are the consummate tool. You've embarked on a war you cannot win against an enemy you can never defeat. You continue to fire volleys of cannonballs into your hull in the vain attempt to get the 'greedy rich bastards' who remain two steps ahead of you. You're convinced your efforts are paying off but the actuality of the results are dismal. Wealthy people continue to gain wealth, poor and middle income people continue to struggle, stifled by your idiotic policies which prevent them from obtaining wealth.

Dumbest idea in the history of man! No question about that!

Yes, when the top1/10th of 1% paid an EFFECTIVE rate above 70% in the 1940's-1960's, the US didn't create jobs *shaking head*

If my policies don't work, why aren't YOURS in place somewhere, anywhere? Libertarian bullshit NEVER works

I know you prefer the gangster capitalism of Russia, which you have wet dreams about!

Neo-Liberalism/Conservatives is/has destroyed the American Economy in favor of the so called "Job Creator"... In reality are "Job Exporters"...

No, Russia is a totalitarian Communist government, I don't prefer that. In fact, that is more your line of wisdom and it simply doesn't lift anyone out of poverty.

Again... Jobs are being exported because Liberal policy has priced American labor out of the market. You keep blowing holes in your boat then blaming the holes on Republicans and Conservatives who had nothing to do with your war. How long will this continue? Depends on how stupid you are... seems like it may be a while.

Russia commie's? Oh you live in the 1970's?

You mean jobs were exported BECAUSE we allowed them with conservative policies like 'free trade' and a VERY low tax burden on the 'job creators' and Corps?

I get it, IF the US was willing to work for $2 an hour, the libertarians dreams, the US would be awash with 'jobs' right?

LISTEN YOU CRAZY BASTARD, LIBERTARIAN POLICY AND CONSERVATIVE POLICY NEVER WORKS FOR ANYONE BUT THE 1%ers AND REPUKES POLICY has led US to where we are at the past 35 years!!!

You mean jobs were exported BECAUSE we allowed them with conservative policies like 'free trade'....

NAFTA was signed into law by Bill Clinton who "felt your pain" while he wasn't feeling Monica's mouth around his cock. It had previously been spearheaded by one George H.W. Bush, who promptly lost re-election because Conservatives didn't vote for him. The opponents of NAFTA all concurred it would ultimately cost American jobs, but they were hooted down by Liberal Democrats and Establishment GOPers who wanted Clinton to have a "victory" in the midst of having his sorry ass impeached.

Now, NAFTA didn't result in that many jobs being exported. It did result in new jobs being created in Mexico which may have otherwise been created here. But hey... it made ol' Bill look good in his darkest hour, and that was all that really mattered at the time.

As for tax burden, our corporate tax is the highest in the world. If we reduced it, we'd greatly increase the number of jobs created and prevent many more from being exported. This is completely contradictory to what you want to do, which is to load up the ol' cannon and fire another round into our hull in a fit of rage against the rich.

 

[Boss]

I guess giving 150+ million acres free and loaning them $60+ million is 'little to do with it' (creating the RR's)

Yes... they gave them land which they stole and made LOANS to them which were repaid with interest. Again.... Railroads were built by Capitalists.

 

[occupied]

The building of the railroads were a naked exercise in political cronyism that still stands as one the worst cases of human misery caused by pursuit of wealth in US history.

Yes... you got that everybody? The transcontinental railroad which enabled American progress across the continent and created tens of thousands of millionaires and billionaires, spawned thousands of boom towns and commerce, enabled intercontinental trade and travel... that was "miserable" for the people of the United States! We should never ever try something like that again!

It was miserable for the many thousands of dead native Americans, the many thousands of dead laborers, the many, many white people who were stripped of their land for right of way. the forests cut for fuel and cross-ties and many other horrible things. It seems you take no account for the human cost of progress. You personify yet another flaw of capitalism.

 

[Boss]

Frank Bourgin's 1989 study of the Constitutional Convention shows that direct government involvement in the economy was intended by the Founders.

Amazing how you fuckwits jump from "unregulated capitalism" running amok, to showing where this has NEVER been the case in America. Too funny!!

 

[Contumacious]

I guess giving 150+ million acres free and loaning them $60+ million is 'little to do with it' (creating the RR's)

Yes... they gave them land which they stole and made LOANS to them which were repaid with interest. Again.... Railroads were built by Capitalists.

Crony Capitalism and the Transcontinental Railroads

....a government program that in reality should be best remembered as a pioneering feat in government corruption, corporate welfare, and immense waste.

 

[francoHFW]

NAFTA was supposed to be followed by investment in training, education, and infrastructure. Greedy idiot Reaganistas decided that would cost them money, and screwing over the workers the financial markets, and the environment would work better...

 

[Boss]

The building of the railroads were a naked exercise in political cronyism that still stands as one the worst cases of human misery caused by pursuit of wealth in US history.

Yes... you got that everybody? The transcontinental railroad which enabled American progress across the continent and created tens of thousands of millionaires and billionaires, spawned thousands of boom towns and commerce, enabled intercontinental trade and travel... that was "miserable" for the people of the United States! We should never ever try something like that again!

It was miserable for the many thousands of dead native Americans, the many thousands of dead laborers, the many, many white people who were stripped of their land for right of way. The forests cut for fuel and cross-ties and many other horrible things. It seems you take no account for the human cost of progress. You personify yet another flaw of capitalism.

I actually agree... It would have been FAR better if we had simply given all that land back to the Native Americans, gotten in our boats and returned to Europe where we came from, and lived under the oppressive oligarchy and crowns who ruled the masses with iron fists. That way, you wouldn't be having to make these silly and ridiculous arguments against free market capitalism and you wouldn't need to be waging this stupid war you can't win against an enemy you'll never defeat.

It would have completely saved us from having to deal with slavery, civil rights, suffrage, pollution, industrialization, wars, wealth disparity, social issues... all kinds of stuff! Too bad we didn't have your profound "wisdom" around at the time!

 

[Boss]

NAFTA was supposed to be followed by investment in training, education, and infrastructure. Greedy idiot Reaganistas decided that would cost them money, and screwing over the workers the financial markets, and the environment would work better...

More nonsense from the Left-wing blogosphere.

 

[francoHFW]

Kinda like NCLB which Pubs refused to fund. Boss, you've missed the last 20 years listening to Rush and Pubs...

 

[francoHFW]

See, we had to get trained for good tech jobs all that cheap foreign labor would produce the need for....See Germany. Pubs won't invest, so we're all selling each other cheeseburgers, and shuffling paper in corrupt fashion.

 

[Boss]

I guess giving 150+ million acres free and loaning them $60+ million is 'little to do with it' (creating the RR's)

Yes... they gave them land which they stole and made LOANS to them which were repaid with interest. Again.... Railroads were built by Capitalists.

Crony Capitalism and the Transcontinental Railroads

....a government program that in reality should be best remembered as a pioneering feat in government corruption, corporate welfare, and immense waste.

Hey, I won't argue that the railroads wouldn't have been better managed by a completely free market capitalist approach. Almost any endeavor is better when government keeps it's hands off of it and lets the free market capitalist system work. But my argument wasn't that free market capitalists built the railroad all on their own. I also didn't offer the railroad as an example of glorious free market capitalism... but that is now what seems to be my argument from your perspective.

The transcontinental railroad was offered as an example of corrupt government in collusion with the rich to make them more wealthy. While there was government involvement and wealthy people prospered, the railroad itself was built by capitalist corporations and virtually everyone in America prospered. The government didn't lay a single crosstie or rail. Nor did they fund the project... they made loans and granted lands.

 

[Contumacious]

I guess giving 150+ million acres free and loaning them $60+ million is 'little to do with it' (creating the RR's)

Yes... they gave them land which they stole and made LOANS to them which were repaid with interest. Again.... Railroads were built by Capitalists.

Crony Capitalism and the Transcontinental Railroads

....a government program that in reality should be best remembered as a pioneering feat in government corruption, corporate welfare, and immense waste.

Hey, I won't argue that the railroads wouldn't have been better managed by a completely free market capitalist approach. Almost any endeavor is better when government keeps it's hands off of it and lets the free market capitalist system work. But my argument wasn't that free market capitalists built the railroad all on their own. I also didn't offer the railroad as an example of glorious free market capitalism... but that is now what seems to be my argument from your perspective.

The transcontinental railroad was offered as an example of corrupt government in collusion with the rich to make them more wealthy. While there was government involvement and wealthy people prospered, the railroad itself was built by capitalist corporations and virtually everyone in America prospered. The government didn't lay a single crosstie or rail. Nor did they fund the project... they made loans and granted lands.

WRONG.


"While it has been long-assumed that the West coast benefited immensely from the transcontinentals that connected the West coast to eastern markets, in fact the overland railroads made little difference. The West coast already had its own economy founded on exports to Europe and Asia, and Californians and Oregonians obtained all the goods they needed by sea. Indeed, for years after their completion, the railroads of the West coast were unable to effectively compete with the steamship operators (many of them also subsidized by Congress) that provided cheaper transportation of goods. Naturally then, this situation degenerated into a political competition between railroads and steamship companies seeking more favorable treatment from the federal government."

.

 

[Boss]

See, we had to get trained for good tech jobs all that cheap foreign labor would produce the need for....See Germany. Pubs won't invest, so we're all selling each other cheeseburgers, and shuffling paper in corrupt fashion.

No... See what happened was, all through the '70s and '80s, powerful labor unions used their influence to demand higher and higher wages and benefits. Because, as it turns out, there is never enough to bring about Utopia, we always must do more! So, eventually, the cost of labor became so ridiculous and the burden on capitalists so great, they had to start looking for alternatives. Just so happens, foreign people are willing to work for much less than unionized labor. So there is where your jobs went.

Rich people are who invest. Not Republicans. Now, rich people will only invest, as it turns out, whenever there is some advantage for them to do so. When you idiots are firing cannons at them, they aren't inspired to invest at all. It's what makes your war so stupid and dumb. It's why you should rethink your strategy and declare a ceasefire before you've destroyed all your resources.

But... You are all stupid people, you don't realize the dumbness of your actions. You've been programmed to think like a moron and parrot 19th century Marxist propaganda. The more smart people try and reason with you, the more angry you get and the more you commit yourself to fire more cannons into your hull in a fit of mad rage. How much longer can we go? Not sure... we're in uncharted territory now, with our credit rating being downgraded and the worst economic recovery in history.

 

[francoHFW]

What Marxist ideology am I parroting? LOL. Free market capitalism only gets people cheated. see the Boosh meltdown, the day of the trusts in the industrial revolution, and the roaring 20's. All Pub "good old days"...see, no revolution of the proletariat, just learning from history and intelligence.