Whatever Happened To Capitalism? Obama.

[PoliticalChic]

1. so·cial·ism/ˈsōSHəˌlizəm/
Noun: A political and economic theory of that advocates that the means of production, distribution, and exchange should be owned or regulated by the community as a whole. More »
Wikipedia - Dictionary.com - Answers.com - Merriam-Webster

2. "In what may be the strongest signal yet of the new pro-labor orientation of the National Labor Relations Board under President Obama, the agency filed a complaint Wednesday seeking to force Boeing to bring an airplane production line back to its unionized facilities in Washington State instead of moving the work to a nonunion plant in South Carolina.

3. In its complaint, the labor board said that Boeing’s decision to transfer a second production line for its new 787 Dreamliner passenger plane to South Carolina was motivated by an unlawful desire to retaliate against union workers for their past strikes in Washington and to discourage future strikes."
HolyCoast.com: Obama Admin. to Boeing: You Can't Build a Plant in a Non-Union State

4. "A 12-day strike by the 27,000-member International Association of Machinists against Boeing Co. in Seattle has cost the aerospace giant $1 billion in deferred revenue, but the worst may be yet to come, industry analysts say."

Read more from this Tulsa World article at Boeing walkout damage growing | Tulsa World

5. "...President Obama on Saturday used recess appointments to fill 15 administration posts without Senate confirmation, including Craig Becker to the National Labor Relations Board...."http://www.foxnews.com/politics/2010/03/27/obama-makes-recess-appointments-vacant-administration-posts/

6. “Mr. Becker’s previous statements strongly indicate that he would take an aggressive personal agenda to the NLRB and that he would pursue a personal agenda there, rather than that of the administration," Nelson said in a statement Monday. “This is of great concern, considering that the board’s main responsibility is to resolve labor disputes with an even and impartial hand." Senate stops Craig Becker nomination - Meredith Shiner - POLITICO.com

7. "In the least surprising news of the week, Craig Becker -- Big Labor's go-to legal expert -- has served on the National Labor Relations Board (NLRB) for barely three months, and he's already under investigation.

Becker lost a bipartisan Senate confirmation vote for the NLRB before Obama gave him a recess appointment. Becker is so pro-union he previously opined that "employers should have no right to be heard" in cases before the NLRB.

Aside from impartiality, the other concern about Becker was that the former associate general counsel for the radical Service Employees International Union (SEIU) and AFL-CIO lawyer would be embroiled with conflicts of interest regarding unions he's now charged with overseeing.

Sure enough, on June 2, Becker joined in on an NLRB decision involving SEIU Local 1957 and denied St. Barnabas Hospital's request to review a union election."

Read more at the Washington Examiner: NLRB's Becker is already under investigation | Mark Hemingway | Op Eds | Washington Examiner

Socialism on display, or simply more Chicago thug gangster government?

 

[washamericom]

i think cavuto was on this today with boeing and a union suit against retalliation. . "capitalist" and capitalist tool became evil icons sometime around the love generation, and the viet nam war. atlas shrugged and netflix will bring it around once again. and it will be popular

"I think all the world would gain by setting commerce at perfect liberty." --Thomas Jefferson to John Adams, 1785. ...
the concept is not forgotten, only on delay

birthcertificate.now

 

[Zona]

Yeah...lower the taxes on the top 1%...do it now! They are doing so poorly this last year.

 

[washamericom]

plus there are about a hundred and fifty definitions of socialism. all the way from denmark to cuba, that complicates things. comrade obama wants to make nice with the dictators.

 

[PoliticalChic]

Yeah...lower the taxes on the top 1%...do it now! They are doing so poorly this last year.

The Tax Foundation - Summary of Latest Federal Individual Income Tax Data

Table 6:

In 2008:
The bottom 50% of the nation payed 2.70% of the nation's income taxes while the top 50% payed the other 97.30%

Let's compare this to 1980. In 1980, the bottom 50% payed 7% of all income taxes. Over the past 30 years, the bottom 50% has payed continually less in income taxes, while the top 50% has continually payed more.

Now back to 2008 data.
In 2008, the top 25% of the nation payed 86% of income taxes, up from 73% in 1980.
The top 10% payed 70% of income taxes, up from 49% in 1980.
The top 5% payed 58% of income taxes, up from 36% in 1980.
The top 1% payed a staggering 38% of income taxes, doubled from the 19% they payed in 1980.
And the top 0.1% payed 18% of total income taxes.

 

[Sense]

Im all for a lazzie faire but poor people believe that they deserve more money and because there are ten poor people for every rich one they vote to pass bills to make it kind of socialist excpt they dont believe they should pay high taxes. Basically moronic hypocritical idiots

 

[Nic_Driver]

To continue to attack labor and the middle class might be the final undoing of the Republican party. People are waking up to the war they are waging (and winning mind you) against the middle class and people are starting to see through the myriad of lies and falsehood spread to continue the status quo.

Reganomics is a failed economic experiment and we need to revamp the whole system to regain a firm fiscal foothold upon which to build. We need to change the policies that brought us to the brink instead of fighting over the short term fix. Spending cuts or tax increases are the band-aid, we need to fix the cancer.

 

[rightwinger]

Yeah...lower the taxes on the top 1%...do it now! They are doing so poorly this last year.

The Tax Foundation - Summary of Latest Federal Individual Income Tax Data

Table 6:

In 2008:
The bottom 50% of the nation payed 2.70% of the nation's income taxes while the top 50% payed the other 97.30%

Let's compare this to 1980. In 1980, the bottom 50% payed 7% of all income taxes. Over the past 30 years, the bottom 50% has payed continually less in income taxes, while the top 50% has continually payed more.

Now back to 2008 data.
In 2008, the top 25% of the nation payed 86% of income taxes, up from 73% in 1980.
The top 10% payed 70% of income taxes, up from 49% in 1980.
The top 5% payed 58% of income taxes, up from 36% in 1980.
The top 1% payed a staggering 38% of income taxes, doubled from the 19% they payed in 1980.
And the top 0.1% payed 18% of total income taxes.

That is an amazing stat. I feel sorry for them that they have to pay 38% of the tax load when they used to only pay 19%

Would they like to go back to what their earnings were when they only paid 19% ??

So lets look at the tax rate in 1980. Reagan cut the upper class rate, Bush cut the upper class rate...so they are paying a smaller percent of their earnings in taxes

Then how did their percent of the tax load increase?

Because they are making so much more money

 

[Antiderivative]

Wow...what a gross misunderstanding.

Boeing and the government go hand and hand. They receive huge government contracts and the government has bailout their other big customers numerous times.

Only a fool would think that Boeing would be worst off without the government.