Honestly I like Bernie; Students should study for free

[bripat9643]

Yes I would. Randomness is just cruel.

Lets say we have 10 dice.
Capitalism: Random rolls, some 6, some 1, who knows
Democratic Socialism: We patiently place each dice down on a 4 or 5. Everyone does well.

How is that bad?

That's not how it works in practice.

 

[bripat9643]

Sanders plan is a tax on Wall Street speculation to pay for it.

That's hilarious!!!
How much is his "speculation tax" going to raise each year?

Sanders thinks it will raise $240 Billion a year which would fund his program. The numbers have been disputed by financial institutions as they say it doesn’t compensate for drops in the market which may be caused by the tax.

The bill calls for a tax of 0.5% for stocks, 0.1% for bonds, and 0.005% for derivatives. A $1,000 stock trade would be taxed $5, while a $1,000 trade in derivatives would be taxed $0.05.

Sanders thinks it will raise $240 Billion a year which would fund his program.

Our top 15 financial service companies had combined Net Income of about $165 billion for FY2018.
I'm sure a tax that raised $240 billion would have absolutely no impact on securities trading or employment.

I guess we could look at other successful examples of this type of tax from around the world......
oh, right, there aren't any. Every time it was tried it killed trading and raised next to no new revenue and was quickly repealed.

I think you are mistaken with these numbers... Sanders plan is addressing public college tuition. Total revenue for public universities was $391 billion... 20% of which was tuition making the tuition revenue $78.2 billion a year. ASSUMING Bernie raises 240 Billion a year from the Wall Street tax, he would have plenty to cover the tuition costs. The remaining he wants to use to relieve student debt and invest in equity gaps and minority communities.

The Condition of Education - Postsecondary Education - Finances and Resources - Postsecondary Institution Revenues - Indicator May (2019)

Free College, Cancel Debt

ASSUMING Bernie raises 240 Billion a year from the Wall Street tax, he would have plenty to cover the tuition costs.

A tax 50% larger than the TOTAL PROFITS of the 15 largest US financial service companies, combined, would crush trading and all employment related to trading.

Tax revenues would fall. There would be no new revenues to pay for his giveaways.

My bad I misread your first post, you are talking about the financial institutions not the ability for the tax to pay for the tuition costs.

The tax isn't on the PROFITS of the financial institutions it would be on the transactions made so investors would eat the majority of the costs.

Taxing investment: What a great way to grow the economy.

 

[TemplarKormac]

I think Im voting for Bernie. Students shouldn’t have to worry about debt and loans while studying to fix our broken society. These loans are immoral and need to be forgiven.

Also anyone working full time deserves a comfortable $15/hour wage and free medical care.

Thats all

Uh...

The very thing that will enable these kids to "study for free" is sitting right in front of their faces right now, this very instant.

It is the entire compendium of human knowledge, something we refer to as "the internet".

All it takes is a willingness to search for knowledge, not have it fed to you.

If you don't know how to use Google, you're either lazy, or incredibly stupid.

 

[Slade3200]

Sanders thinks it will raise $240 Billion a year which would fund his program. The numbers have been disputed by financial institutions as they say it doesn’t compensate for drops in the market which may be caused by the tax.

The bill calls for a tax of 0.5% for stocks, 0.1% for bonds, and 0.005% for derivatives. A $1,000 stock trade would be taxed $5, while a $1,000 trade in derivatives would be taxed $0.05.

Sanders thinks it will raise $240 Billion a year which would fund his program.

Our top 15 financial service companies had combined Net Income of about $165 billion for FY2018.
I'm sure a tax that raised $240 billion would have absolutely no impact on securities trading or employment.

I guess we could look at other successful examples of this type of tax from around the world......
oh, right, there aren't any. Every time it was tried it killed trading and raised next to no new revenue and was quickly repealed.

I think you are mistaken with these numbers... Sanders plan is addressing public college tuition. Total revenue for public universities was $391 billion... 20% of which was tuition making the tuition revenue $78.2 billion a year. ASSUMING Bernie raises 240 Billion a year from the Wall Street tax, he would have plenty to cover the tuition costs. The remaining he wants to use to relieve student debt and invest in equity gaps and minority communities.

The Condition of Education - Postsecondary Education - Finances and Resources - Postsecondary Institution Revenues - Indicator May (2019)

Free College, Cancel Debt

ASSUMING Bernie raises 240 Billion a year from the Wall Street tax, he would have plenty to cover the tuition costs.

A tax 50% larger than the TOTAL PROFITS of the 15 largest US financial service companies, combined, would crush trading and all employment related to trading.

Tax revenues would fall. There would be no new revenues to pay for his giveaways.

My bad I misread your first post, you are talking about the financial institutions not the ability for the tax to pay for the tuition costs.

The tax isn't on the PROFITS of the financial institutions it would be on the transactions made so investors would eat the majority of the costs.

Taxing investment: What a great way to grow the economy.

Take from the rich and give to the poor... its an old school theory... there's a children's book about it.

 

[TemplarKormac]

"I like Bernie"

Sounds like a 1st grader wrote this thread.

And... just how much is the Sanders campai...er Russia, paying you to write threads like this?

$15 an hour?

 

[bripat9643]

Sanders thinks it will raise $240 Billion a year which would fund his program.

Our top 15 financial service companies had combined Net Income of about $165 billion for FY2018.
I'm sure a tax that raised $240 billion would have absolutely no impact on securities trading or employment.

I guess we could look at other successful examples of this type of tax from around the world......
oh, right, there aren't any. Every time it was tried it killed trading and raised next to no new revenue and was quickly repealed.

I think you are mistaken with these numbers... Sanders plan is addressing public college tuition. Total revenue for public universities was $391 billion... 20% of which was tuition making the tuition revenue $78.2 billion a year. ASSUMING Bernie raises 240 Billion a year from the Wall Street tax, he would have plenty to cover the tuition costs. The remaining he wants to use to relieve student debt and invest in equity gaps and minority communities.

The Condition of Education - Postsecondary Education - Finances and Resources - Postsecondary Institution Revenues - Indicator May (2019)

Free College, Cancel Debt

ASSUMING Bernie raises 240 Billion a year from the Wall Street tax, he would have plenty to cover the tuition costs.

A tax 50% larger than the TOTAL PROFITS of the 15 largest US financial service companies, combined, would crush trading and all employment related to trading.

Tax revenues would fall. There would be no new revenues to pay for his giveaways.

My bad I misread your first post, you are talking about the financial institutions not the ability for the tax to pay for the tuition costs.

The tax isn't on the PROFITS of the financial institutions it would be on the transactions made so investors would eat the majority of the costs.

Taxing investment: What a great way to grow the economy.

Take from the rich and give to the poor... its an old school theory... there's a children's book about it.

You're right about one thing: the book is for children, not adults.

 

[Slade3200]

I think Im voting for Bernie. Students shouldn’t have to worry about debt and loans while studying to fix our broken society. These loans are immoral and need to be forgiven.

Also anyone working full time deserves a comfortable $15/hour wage and free medical care.

Thats all

Uh...

The very thing that will enable these kids to "study for free" is sitting right in front of their faces right now, this very instant.

It is the entire compendium of human knowledge, something we refer to as "the internet".

All it takes is a willingness to search for knowledge, not have it fed to you.

If you don't know how to use Google, you're either lazy, or incredibly stupid.

That is genius! Next time I advise a kid on a resume I'll tell them to put "internet" in the education category.

 

[Slade3200]

I think you are mistaken with these numbers... Sanders plan is addressing public college tuition. Total revenue for public universities was $391 billion... 20% of which was tuition making the tuition revenue $78.2 billion a year. ASSUMING Bernie raises 240 Billion a year from the Wall Street tax, he would have plenty to cover the tuition costs. The remaining he wants to use to relieve student debt and invest in equity gaps and minority communities.

The Condition of Education - Postsecondary Education - Finances and Resources - Postsecondary Institution Revenues - Indicator May (2019)

Free College, Cancel Debt

ASSUMING Bernie raises 240 Billion a year from the Wall Street tax, he would have plenty to cover the tuition costs.

A tax 50% larger than the TOTAL PROFITS of the 15 largest US financial service companies, combined, would crush trading and all employment related to trading.

Tax revenues would fall. There would be no new revenues to pay for his giveaways.

My bad I misread your first post, you are talking about the financial institutions not the ability for the tax to pay for the tuition costs.

The tax isn't on the PROFITS of the financial institutions it would be on the transactions made so investors would eat the majority of the costs.

Taxing investment: What a great way to grow the economy.

Take from the rich and give to the poor... its an old school theory... there's a children's book about it.

You're right about one thing: the book is for children, not adults.

I've always liked the Robin Hood story. Which side do you see yourself wanting to support? The Rich or the Poor?

 

[bripat9643]

ASSUMING Bernie raises 240 Billion a year from the Wall Street tax, he would have plenty to cover the tuition costs.

A tax 50% larger than the TOTAL PROFITS of the 15 largest US financial service companies, combined, would crush trading and all employment related to trading.

Tax revenues would fall. There would be no new revenues to pay for his giveaways.

My bad I misread your first post, you are talking about the financial institutions not the ability for the tax to pay for the tuition costs.

The tax isn't on the PROFITS of the financial institutions it would be on the transactions made so investors would eat the majority of the costs.

Taxing investment: What a great way to grow the economy.

Take from the rich and give to the poor... its an old school theory... there's a children's book about it.

You're right about one thing: the book is for children, not adults.

I've always liked the Robin Hood story. Which side do you see yourself wanting to support? The Rich or the Poor?

What does your fairy tale have to do with this thread?

 

[Slade3200]

My bad I misread your first post, you are talking about the financial institutions not the ability for the tax to pay for the tuition costs.

The tax isn't on the PROFITS of the financial institutions it would be on the transactions made so investors would eat the majority of the costs.

Taxing investment: What a great way to grow the economy.

Take from the rich and give to the poor... its an old school theory... there's a children's book about it.

You're right about one thing: the book is for children, not adults.

I've always liked the Robin Hood story. Which side do you see yourself wanting to support? The Rich or the Poor?

What does your fairy tale have to do with this thread?

having trouble drawing the connection? Well Bernie has policies wanting to take from the rich and give to the poor. Do I need to explain it more?

Generally speaking to you support the Rich or the Poor?

 

[Andylusion]

I think Im voting for Bernie. Students shouldn’t have to worry about debt and loans while studying to fix our broken society. These loans are immoral and need to be forgiven.

Also anyone working full time deserves a comfortable $15/hour wage and free medical care.

Thats all

Why should students study for free? Why should students not be responsible for providing for their own future?

Loans are not immoral, but they are stupid. Get your butt to work, and earn money to pay for your school, just like many of us did. I worked during college. Many of the people I know did as well.

By the way, people who work their way through college, not only are better students, but do better in their careers. That's what the research shows.

No, anyone working full time does not deserve anything, but what their job is worth.

Sorry, but not every job is worth a high wage.

That's a ridiculous concept. So a person who is out in the heat, the rain, and humidity and bugs, mowing lawns, trimming hedges... that guy should be paid the same, as a person who sits at the window at Wendy's, in an air conditioned building, sheltered from the heat or cold, rain or snow, who does nothing but hit a few buttons and says "do you want fries with that?"

No. Working fast food requires no skill, no abilities, and barely any effort, it's not uncomfortable, it is very flexible, and anyone anywhere can do it without barely any training whatsoever.

To claim that job should be paid more, is ridiculous.

I worked McDonald's and Wendy's, and even as a teenager, I was shocked at how much I got paid, to do exceptionally little.

If you want to get paid more, then it is on you to get a better job. You are not owed anything. Nothing. Your existence, and sucking air, does not mean you "deserve" something. Society does not owe you anything.

 

[AzogtheDefiler]

I think Im voting for Bernie. Students shouldn’t have to worry about debt and loans while studying to fix our broken society. These loans are immoral and need to be forgiven.

Also anyone working full time deserves a comfortable $15/hour wage and free medical care.

Thats all

Good for you. Personally I'm voting for Ming the Merciless (myself of course......).

.

 

[AzogtheDefiler]

I think Im voting for Bernie. Students shouldn’t have to worry about debt and loans while studying to fix our broken society. These loans are immoral and need to be forgiven.

Also anyone working full time deserves a comfortable $15/hour wage and free medical care.

Thats all

Why was MA once a Commonwealth? Please explain and why it is not longer. Thanks.

 

[bripat9643]

Taxing investment: What a great way to grow the economy.

Take from the rich and give to the poor... its an old school theory... there's a children's book about it.

You're right about one thing: the book is for children, not adults.

I've always liked the Robin Hood story. Which side do you see yourself wanting to support? The Rich or the Poor?

What does your fairy tale have to do with this thread?

having trouble drawing the connection? Well Bernie has policies wanting to take from the rich and give to the poor. Do I need to explain it more?

Generally speaking to you support the Rich or the Poor?

You and Bernie both believe in fairy tales. That's the correct conclusion.

 

[HenryBHough]

Students SHOULD study. NOT be there just for indoctrination.

 

[Norman]

We should have great literacy programs like in Cuba. Indoctrinate people to socialism at an early age.

 

[Slade3200]

Take from the rich and give to the poor... its an old school theory... there's a children's book about it.

You're right about one thing: the book is for children, not adults.

I've always liked the Robin Hood story. Which side do you see yourself wanting to support? The Rich or the Poor?

What does your fairy tale have to do with this thread?

having trouble drawing the connection? Well Bernie has policies wanting to take from the rich and give to the poor. Do I need to explain it more?

Generally speaking to you support the Rich or the Poor?

You and Bernie both believe in fairy tales. That's the correct conclusion.

Not gonna answer the question?

 

[Slade3200]

Students SHOULD study. NOT be there just for indoctrination.

Who is indoctrinating them?

 

[bripat9643]

You're right about one thing: the book is for children, not adults.

I've always liked the Robin Hood story. Which side do you see yourself wanting to support? The Rich or the Poor?

What does your fairy tale have to do with this thread?

having trouble drawing the connection? Well Bernie has policies wanting to take from the rich and give to the poor. Do I need to explain it more?

Generally speaking to you support the Rich or the Poor?

You and Bernie both believe in fairy tales. That's the correct conclusion.

Not gonna answer the question?

When did you stop beating your wife?

 

[bripat9643]

Students SHOULD study. NOT be there just for indoctrination.

Who is indoctrinating them?

Commie professors on the government payroll are indoctrinating them.