What The Right Doesn't Want You To Know

[Claudette]

Funny how some folks worry so much about what a board of directors decided to pay, with private sector money, their CEO. Its private sector money.

Perhaps they should worry more about how our taxpayer money is being spent and wasted by our fat bloated Govt.

 

[PredFan]

You're really naive if you think this is a left/right argument. the is what happens when you abandon free market capitalism and take on corporatism. There in't anyone on either side that argues thatt eh wealth gap is widening. The two sides claim their "fix" is the one that will save the day. but the FACT is it IS the government in bed big time with business that has caused this to happen. Like it or not. Your favorite team is guilty too.

that's a pretty good post. although you do have to consider the tax rate that each side wants to implement on the top 1%.

It's a moot point. Giving them more money will only mean they will spend more money. I have not seen any indication that deficit spending is going to end by either party any time soon. SO,, go ahead, tax more capital out of the private sector adn piss it away in public programs that fail. it changes nothing, except means less capital in the private sector. BTW, the public sector RELIES on the private sector for funding. Once the govt. completely destroys the private enterprise, they will simply start eating us (or maybe gasing us) to fund their efforts. this is history in repetition.

The sheep that support the left's argument actually believe that if the government gets more money, it will be responsible with it.

 

[PredFan]

Ya know, Cammmpbell, in stead of crying about the rich getting richer, maybe you should examine why you have failed.
Rich people have done noting to keep you down. If anything they'd love for you to be rich too so you could afford their products.
If children learned marketable skills in stead of why Heather has 2 mommies, multiculturalism and afro-centric history they might command a larger salary.
The pity is that our education system, since the inception of the Education Department in 1980 has been more concerned with indoctrination than mathematics.

Rich people have done NOTHING to keep us down?

Funny, CEO pay has gone up 232 times since the 70's and worker pay has been stagnant. So them keeping more money when productivity went up 100% during that time frame isn't keeping workers down?
And I guess it was POOR PEOPLE who sent jobs to India and China to maximize their profits?

If you're not going to be honest about the motives and actions of rich people, then you'll never get anywhere.

How does that keep us down? you are dead wrong about worker salaries, they have gone up as well. If you are still making as much as people in your position did in the 70s then look somewhere else for a job.

 

[Cammmpbell]

The Republicans will be satisfied when the people who used to be the middle class are earning the same as a day laborer in Maylasia. That way the greedy pricks at the top will be able to enjoy a larger bottom line profit. That's what has changed anyway.

In the late 40's and early 50's a corporate executive earned 12-15 times what a carpenter or plumber made. By the 1970's that multiplier had increased to 50 times as much. In 2010the average CEO made 550 times what an ordinary working American earned. Does anybody doubt that they'll never be satisfied

More conservative ideologies were in control of the house and senate in the 1940's and 50's
Liberal ideology started taking over Dem' in the 1960's and 70's. it has continued until only liberal ideology rules the Democratic party today.
It's the Dem's handouts and ever growing Government that have ruined this country.
Look what happens when conservative polices are implemented. Look at Puerto Rico and how fast things were turned around.

That's major bullshit!

Reagan and the Bushes cutting taxes for the wealthy and borrowing from foreign banks to cover the short fall is where it all came from. Look at what began to happen to the upper 1% and when it began to happen. After Bill Clinton's two terms the curve was beginning to correct but look at what followed Bush's two cuts, one in 2001 and the second in 2003:

 

[peach174]

Conservative ideology does work, look at Puerto Rico.
We need to do the same thing.

What Governor Fortuño has done in just his first biennium in office:
He has not dallied. He has not wrung his hands in pity. He has not tried to “jump start” Puerto Rico’s economy with government “stimulus” monies. He has not wasted time blaming his predecessors. What he has done is to confront the fiscal mess he inherited in January 2009; put together a multi-faceted plan to turn the economy around; worked with the legislature; and, in his words, “stayed the course.”

The “Puerto Rico miracle” is no mirage.

How bad was the situation facing Fortuño in the fall of 2008 even before he took office? Bad enough that Puerto Rico’s credit rating was near “junk bond” level; requiring Fortuño to travel to New York to meet with investment community leaders to urge them not to reduce the island’s rating even further. Puerto Rico’s budget deficit stood at $3.3 billion — at nearly 44% of revenues, worse than any of the 50 states. There was not even enough cash to meet his first payroll. One big reason for this predicament was the sheer size of the Commonwealth’s bureaucracy – nearly 70% of the budget was eaten up by government employee salaries and benefits.

Puerto Rico’s fiscal turnaround since January 2009 has been nothing short of remarkable.

The huge budget deficit has been reduced significantly; as a percentage of revenues it has dropped from nearly 44% to less than 11%. Government employment rolls have been reduced dramatically – by 17,000 and continuing to fall. Defined benefit pension plans have been closed out; the number of government agencies has been slashed; and the overall budget has been chopped a full 20%.

As a direct result of Fortuño’s work, Puerto Rico’s bond rating with Moody’s has leaped from Baa3 to A3; the highest it has been in 35 years.

Fortuño is hardly resting on his laurels and basking in the limelight. Recognizing that high taxes harm an economy rather than help it, he recently signed into law significant individual and corporate tax reductions. Corporate rates have been cut 11% and the former, seven-tier tax structure simplified to three lowered rates. Individual rates have been slashed an average of 25%, and will reach nearly a 50% reduction over the next several years.

In a unique effort to help ensure the government continues to behave in a fiscally responsible manner, future tax cuts will depend on the government continuing to meet targeted goals, including cuts in operating expenses. Every one of the island’s taxpayers will have a stake in making sure those goals are met.

To help ensure Puerto Rico’s long-term fiscal viability, Fortuño has been instituting a strong public-private partnership for schools, airports, and other facilities; and implemented a successful housing initiative. The formerly Byzantine government permitting process has been dramatically reformed. And the beat goes on.

How do you spell “success” in politics? How might you spell “future” for the GOP?( But only if they do it). Same answer to both questions — “Fortuño.”

 

[CrusaderFrank]

BOLO Marxist Code words

CEO Pay

 

[CaughtInTheMid]

You're really naive if you think this is a left/right argument. the is what happens when you abandon free market capitalism and take on corporatism. There in't anyone on either side that argues thatt eh wealth gap is widening. The two sides claim their "fix" is the one that will save the day. but the FACT is it IS the government in bed big time with business that has caused this to happen. Like it or not. Your favorite team is guilty too.

that's a pretty good post. although you do have to consider the tax rate that each side wants to implement on the top 1%.

It's a moot point. Giving them more money will only mean they will spend more money. I have not seen any indication that deficit spending is going to end by either party any time soon. SO,, go ahead, tax more capital out of the private sector adn piss it away in public programs that fail. it changes nothing, except means less capital in the private sector. BTW, the public sector RELIES on the private sector for funding. Once the govt. completely destroys the private enterprise, they will simply start eating us (or maybe gasing us) to fund their efforts. this is history in repetition.

actually, i'm in favor of lowering the tax rate, on the people who punch a time clock, to the level that the top 1% are (their effective tax rate). but i do realize it will never happen since we have no fiscally responsible people on either side of the isle and couldn't lower spending for either sides pet projects.

 

[Quantum Windbag]

The Republicans will be satisfied when the people who used to be the middle class are earning the same as a day laborer in Maylasia. That way the greedy pricks at the top will be able to enjoy a larger bottom line profit. That's what has changed anyway.

In the late 40's and early 50's a corporate executive earned 12-15 times what a carpenter or plumber made. By the 1970's that multiplier had increased to 50 times as much. In 2010the average CEO made 550 times what an ordinary working American earned. Does anybody doubt that they'll never be satisfied

The right doesn't want me to know this? How are they trying to keep me from learning it?

 

[Quantum Windbag]

there is no doubt that the republican party seems to have partnered with the most wealthy in this country (if in no other reason than to fight for lower taxes for this group). you guys can argue if it's correct or not. but what i think is funny is that the poorest republicans are fighting for the richest americans just in case they ever get rich (and some say because keeping capital gains taxes lower than taxes that clock punchers pay keeps investments in america).

but i do appreciate that my capital gains tax is lower than all the lower income republicans who are fighting for the rich. i have to smile every time i do my return.

The Republicans aren't the ones selling million dollar skyboxes to their convention.

 

[Cammmpbell]

The Republicans will be satisfied when the people who used to be the middle class are earning the same as a day laborer in Maylasia. That way the greedy pricks at the top will be able to enjoy a larger bottom line profit. That's what has changed anyway.

In the late 40's and early 50's a corporate executive earned 12-15 times what a carpenter or plumber made. By the 1970's that multiplier had increased to 50 times as much. In 2010the average CEO made 550 times what an ordinary working American earned. Does anybody doubt that they'll never be satisfied

The right doesn't want me to know this? How are they trying to keep me from learning it?

With tax rates at the lowest they've been in four decades the Republicans continue to scream no tax increases. This country used to pay it's way....at least before Reagan started the new habit of cutting taxes for the wealthiest Americans and borrowing from foreign banks to cover the shortfall. When Obama's first budget started Reagan and the Bushes had borrowed 80% of all the debt this great republic had accumulated in 232 years and the annual interest on it was $450,000,000,000 per year. Those are facts which can be easily verified.

 

[CrusaderFrank]

The Republicans will be satisfied when the people who used to be the middle class are earning the same as a day laborer in Maylasia. That way the greedy pricks at the top will be able to enjoy a larger bottom line profit. That's what has changed anyway.

In the late 40's and early 50's a corporate executive earned 12-15 times what a carpenter or plumber made. By the 1970's that multiplier had increased to 50 times as much. In 2010the average CEO made 550 times what an ordinary working American earned. Does anybody doubt that they'll never be satisfied

The right doesn't want me to know this? How are they trying to keep me from learning it?

With tax rates at the lowest they've been in four decades the Republicans continue to scream no tax increases. This country used to pay it's way....at least before Reagan started the new habit of cutting taxes for the wealthiest Americans and borrowing from foreign banks to cover the shortfall. When Obama's first budget started Reagan and the Bushes had borrowed 80% of all the debt this great republic had accumulated in 232 years and the annual interest on it was $450,000,000,000 per year. Those are facts which can be easily verified.

Obama's Deficit > Any Reagan Budget and all Reagan's Deficits

 

[Quantum Windbag]

The Republicans will be satisfied when the people who used to be the middle class are earning the same as a day laborer in Maylasia. That way the greedy pricks at the top will be able to enjoy a larger bottom line profit. That's what has changed anyway.

In the late 40's and early 50's a corporate executive earned 12-15 times what a carpenter or plumber made. By the 1970's that multiplier had increased to 50 times as much. In 2010the average CEO made 550 times what an ordinary working American earned. Does anybody doubt that they'll never be satisfied

The right doesn't want me to know this? How are they trying to keep me from learning it?

With tax rates at the lowest they've been in four decades the Republicans continue to scream no tax increases. This country used to pay it's way....at least before Reagan started the new habit of cutting taxes for the wealthiest Americans and borrowing from foreign banks to cover the shortfall. When Obama's first budget started Reagan and the Bushes had borrowed 80% of all the debt this great republic had accumulated in 232 years and the annual interest on it was $450,000,000,000 per year. Those are facts which can be easily verified.

Why do we need to increase taxes just because they are low? If so, why did Obama go out of his way to extend the tax cuts, and add more on top of them?

 

[Cammmpbell]

The right doesn't want me to know this? How are they trying to keep me from learning it?

With tax rates at the lowest they've been in four decades the Republicans continue to scream no tax increases. This country used to pay it's way....at least before Reagan started the new habit of cutting taxes for the wealthiest Americans and borrowing from foreign banks to cover the shortfall. When Obama's first budget started Reagan and the Bushes had borrowed 80% of all the debt this great republic had accumulated in 232 years and the annual interest on it was $450,000,000,000 per year. Those are facts which can be easily verified.

Obama's Deficit > Any Reagan Budget and all Reagan's Deficits

The day Obama took over the interest on the Reagan-Bushes debt was $450,000,000,000 to be paid each year. You just don't notice much do you:

Total U S Debt


09/30/2009 $11,909,829,003,511.75(80% Of All Debt Across 232 Years Borrowed By Reagan And Bushes)

09/30/2008 $10,024,724,896,912.49(Times Square Debt Clock Modified To Accomodate Tens of Trillions)

09/30/2007 $9,007,653,372,262.48
09/30/2006 $8,506,973,899,215.23
09/30/2005 $7,932,709,661,723.50
09/30/2004 $7,379,052,696,330.32

09/30/2003 $6,783,231,062,743.62(Second Bush Tax Cuts Enacted Using Reconciliation)


09/30/2002 $6,228,235,965,597.16

09/30/2001 $5,807,463,412,200.06(First Bush Tax Cuts Enacted Using Reconciliation)


09/30/2000 $5,674,178,209,886.86(Administration And Congress Arguing About How To Use Surplus)

09/30/1999 $5,656,270,901,615.43(First Surplus Generated...On Track To Pay Off Debt By 2012)

09/30/1998 $5,526,193,008,897.62
09/30/1997 $5,413,146,011,397.34
09/30/1996 $5,224,810,939,135.73
09/29/1995 $4,973,982,900,709.39
09/30/1994 $4,692,749,910,013.32

09/30/1993 $4,411,488,883,139.38(Debt Quadrupled By Reagan/Bush41)

09/30/1992 $4,064,620,655,521.66
09/30/1991 $3,665,303,351,697.03
09/28/1990 $3,233,313,451,777.25
09/29/1989 $2,857,430,960,187.32
09/30/1988 $2,602,337,712,041.16
09/30/1987 $2,350,276,890,953.00
09/30/1986 $2,125,302,616,658.42
09/30/1985 $1,823,103,000,000.00
09/30/1984 $1,572,266,000,000.00
09/30/1983 $1,377,210,000,000.00

09/30/1982 $1,142,034,000,000.00(Total Debt Passes $1 Trillion)

09/30/1981 $997,855,000,000.00

 

[NoNukes]

nice colors!

Same colors as the Democratic Republic of the Congo. Maybe Cammmmmmpy is sending subliminal messages to convince Americans that we should be more like the Congo.

Or vote in a Black President.

 

[Mr.Nick]

The Republicans will be satisfied when the people who used to be the middle class are earning the same as a day laborer in Maylasia. That way the greedy pricks at the top will be able to enjoy a larger bottom line profit. That's what has changed anyway.

In the late 40's and early 50's a corporate executive earned 12-15 times what a carpenter or plumber made. By the 1970's that multiplier had increased to 50 times as much. In 2010the average CEO made 550 times what an ordinary working American earned. Does anybody doubt that they'll never be satisfied

What about population growth??

Oh yeah that's right - the more people = the more wealthy..

That graph (if even accurate) says "no fair."

Obviously wealth is NOT finite - if it was YOU dumb shit wouldn't be posting here.

Besides I love how the 45-year-old burger flippers act like they know something..

Stick to your fucking burgers and leave the brainiac stuff to the "geeks."

 

[Cammmpbell]

The Republicans will be satisfied when the people who used to be the middle class are earning the same as a day laborer in Maylasia. That way the greedy pricks at the top will be able to enjoy a larger bottom line profit. That's what has changed anyway.

In the late 40's and early 50's a corporate executive earned 12-15 times what a carpenter or plumber made. By the 1970's that multiplier had increased to 50 times as much. In 2010the average CEO made 550 times what an ordinary working American earned. Does anybody doubt that they'll never be satisfied

What about population growth??

Oh yeah that's right - the more people = the more wealthy..

That graph (if even accurate) says "no fair."

Obviously wealth is NOT finite - if it was YOU dumb shit wouldn't be posting here.

Besides I love how the 45-year-old burger flippers act like they know something..

Stick to your fucking burgers and leave the brainiac stuff to the "geeks."

We might not understand everything but one thing we know for sure. Your ninth grade math ain't gonna hack it! You ever hear of variables and constants

ROTFLMAO!!