Killing the 1% Golden Goose

[Nosmo King]

What is the single attribute a Golden Goose is cherished for? It lays Golden Eggs.

Our top 1% fails to lay those eggs. We're hungry and there's a goose that, aside from it's golden luster, is useless. Let's eat it.

 

[editec]

Just my 1000th or so reminder that the 1% are NOT the destroyers of this republic...if anything they are this failing republic's BEST hope of getting back on track

Most of the 1% are your professionals and small businesspersons who make YOUR AND MY world a better place.

The bad guys have names.

They work for specific corporations and they own your POLS.

Learn their names.

Educate yourselves.

This painting with a broad brush is very stupid politics.

 

[Camp]

Another one left out of the will. Waaaaa.

How is their inheritance taking away from you?

The point is not what I inherited or didn't inherit. Nor is it how some rich person who inherited weatlth and or priviiged opportunity effects my life. It's about the claim that "most people living in mansions work their tails off" and the "bums all getttting checks from the government". Most of the folks who live in mansions in my community don't work their tales off. They live very comfortable lives of luxury. Many of them are bums in the truest sense of the word in that they do not work or produce anything during their "summer vacation that last from Memorial Day to Labor Day. Some of them pride themselves in being "beach bums" for 3 or 4 months out of the year. On the otherhand, I have a friend who is 68 years old, collects his SS along with a veterans disability check from injuries sustained in Vietnam. He continues to work at side jobs and work as a handyman doing phsical labor. I do not consider him a bum just because he collects government checks.

No one in their right mind would ever consider a vet a bum ... in any sense of the word.

I have no problem with those who can afford it to 'bum' around to their hearts delight. But just because some do does not mean they all do.

People like this guy are no different in that they do exactly as the rich do, 'bum' around doing as their heart pleases. Oh wait, one difference ... they're using joe taxpayer money to fund their fun.

Food Stamp Nation: Surfer Dude Buys Sushi, Lobster, Avoids Work | Independent Journal Review

The point is that income has nothing to do with whether a person is a "bum" that takes advantage of the system and society, whether by some kind of government assistance or special tax loopholes. There are people who take advantage from all income brackets. Trying to put the blame for the illness of our society on one segment of our society or another is just a game. It is not pragmatic and will not solve our problems. Bums from all segments and income brackets take away from our society and hurt all of us in the big picture. Which is worse, a bunch of people who earn money under the table while they collect food stamps, unemployment and medicaid, or the spoiled rich kid that takes advantage of tax breaks given because he is supposed to be a "job creator", but squanders the money on wine, women, booze, illegal drugs and toys and a non productive life of spending a inheritance? Is one any worse of harmful than the other? Is it unfair to make sure both examples actually need and deserve the assistance society decides to give them?
I don't mind feeding or caring for someone who is doing everything they can to take care of themself, but falling short. Nor do I mind giving a tax break to somebody who is going to use that tax break to create jobs or somehow benifit society of the community. What I object to is giving away money to people who do not attempt to produce anything or in any way contribute to the community or society when they could do so except for the fact they are lazy or feel entitled.

 

[The Rabbi]

What is the single attribute a Golden Goose is cherished for? It lays Golden Eggs.

Our top 1% fails to lay those eggs. We're hungry and there's a goose that, aside from it's golden luster, is useless. Let's eat it.

Remind me who pays your salary, Toilet Man.

 

[Nosmo King]

What is the single attribute a Golden Goose is cherished for? It lays Golden Eggs.

Our top 1% fails to lay those eggs. We're hungry and there's a goose that, aside from it's golden luster, is useless. Let's eat it.

Remind me who pays your salary, Toilet Man.

Oh the wit! Oh the wisdom!

I'm a public sector employee. Everyone helps pay my salary, not just the Golden Geese.

 

[The Rabbi]

Another one left out of the will. Waaaaa.

How is their inheritance taking away from you?

The point is not what I inherited or didn't inherit. Nor is it how some rich person who inherited weatlth and or priviiged opportunity effects my life. It's about the claim that "most people living in mansions work their tails off" and the "bums all getttting checks from the government". Most of the folks who live in mansions in my community don't work their tales off. They live very comfortable lives of luxury. Many of them are bums in the truest sense of the word in that they do not work or produce anything during their "summer vacation that last from Memorial Day to Labor Day. Some of them pride themselves in being "beach bums" for 3 or 4 months out of the year. On the otherhand, I have a friend who is 68 years old, collects his SS along with a veterans disability check from injuries sustained in Vietnam. He continues to work at side jobs and work as a handyman doing phsical labor. I do not consider him a bum just because he collects government checks.

No one in their right mind would ever consider a vet a bum ... in any sense of the word.

]

Well n o. Some vets are literally bums. Vets have a pretty high rate of poverty, homelessness and mental illness. We can speculate why but thats another topic.
Someone retired at 38 with a military pension and wants to loaf around the rest of his life, it's his business. I dont think that's particularly admirable, but it's not my life.

 

[The Rabbi]

What is the single attribute a Golden Goose is cherished for? It lays Golden Eggs.

Our top 1% fails to lay those eggs. We're hungry and there's a goose that, aside from it's golden luster, is useless. Let's eat it.

Remind me who pays your salary, Toilet Man.

Oh the wit! Oh the wisdom!

I'm a public sector employee. Everyone helps pay my salary, not just the Golden Geese.

Yeah tell me about it.
Local tax revenue is generated typically by sales taxes and real estate taxes. In some places income taxes as well. Poor people did not build an apartment house, office building, or retail center. They do not own those things. They do not start and maintain those businesses that generate the sales tax and property tax revenue that pays your outlandish salary and benefits. High income people do all those things.
If you think "all sectors pay my salary" you're either lying or fooling yourself.

 

[Nosmo King]

Remind me who pays your salary, Toilet Man.

Oh the wit! Oh the wisdom!

I'm a public sector employee. Everyone helps pay my salary, not just the Golden Geese.

Yeah tell me about it.
Local tax revenue is generated typically by sales taxes and real estate taxes. In some places income taxes as well. Poor people did not build an apartment house, office building, or retail center. They do not own those things. They do not start and maintain those businesses that generate the sales tax and property tax revenue that pays your outlandish salary and benefits. High income people do all those things.
If you think "all sectors pay my salary" you're either lying or fooling yourself.

If you believe I receive an 'outlandish salary and benefits', I submit that I am not the one lying or fooling himself.

 

[The Rabbi]

Oh the wit! Oh the wisdom!

I'm a public sector employee. Everyone helps pay my salary, not just the Golden Geese.

Yeah tell me about it.
Local tax revenue is generated typically by sales taxes and real estate taxes. In some places income taxes as well. Poor people did not build an apartment house, office building, or retail center. They do not own those things. They do not start and maintain those businesses that generate the sales tax and property tax revenue that pays your outlandish salary and benefits. High income people do all those things.
If you think "all sectors pay my salary" you're either lying or fooling yourself.

If you believe I receive an 'outlandish salary and benefits', I submit that I am not the one lying or fooling himself.

Ignoring the main thrust of the post to feign outrage. Typical.

 

[Bombur]

The golden goose analogy is about being able to pay someone $5 to produce something you can turn around and sell for $10. Or feed a goose pennies worth of corn to sell their eggs like they are gold. The goose is the one doing all the labor.

 

[The Rabbi]

The golden goose analogy is about being able to pay someone $5 to produce something you can turn around and sell for $10. Or feed a goose pennies worth of corn to sell their eggs like they are gold. The goose is the one doing all the labor.

Now you're getting it!
Who comes up with the idea for the business? Who invests his own money? Who spends 80-100 hours a week putting the plan together? Who has to hire people and make sure they are doing their jobs and fire them when they dont? Who goes years without a vacation?
It isn't the guy working the W2 job.

 

[Bombur]

The golden goose analogy is about being able to pay someone $5 to produce something you can turn around and sell for $10. Or feed a goose pennies worth of corn to sell their eggs like they are gold. The goose is the one doing all the labor.

Now you're getting it!
Who comes up with the idea for the business? Who invests his own money? Who spends 80-100 hours a week putting the plan together? Who has to hire people and make sure they are doing their jobs and fire them when they dont? Who goes years without a vacation?
It isn't the guy working the W2 job.

The farmer that owns the goose is still pretty stupid if they kill the goose no matter how hard they worked to get their farm up and running.

Also pretty much everything you pointed to was labor of some sort. The labor of the business owner, especially the small business owner, is very important too.

 

[The Rabbi]

The golden goose analogy is about being able to pay someone $5 to produce something you can turn around and sell for $10. Or feed a goose pennies worth of corn to sell their eggs like they are gold. The goose is the one doing all the labor.

Now you're getting it!
Who comes up with the idea for the business? Who invests his own money? Who spends 80-100 hours a week putting the plan together? Who has to hire people and make sure they are doing their jobs and fire them when they dont? Who goes years without a vacation?
It isn't the guy working the W2 job.

The farmer that owns the goose is still pretty stupid if they kill the goose no matter how hard they worked to get their farm up and running.

Also pretty much everything you pointed to was labor of some sort. The labor of the business owner, especially the small business owner, is very important too.

The banker is a laborer. The accountant is a laborer. The executive is a laborer.
Was there a point you were trying to make?

 

[Bombur]

Now you're getting it!
Who comes up with the idea for the business? Who invests his own money? Who spends 80-100 hours a week putting the plan together? Who has to hire people and make sure they are doing their jobs and fire them when they dont? Who goes years without a vacation?
It isn't the guy working the W2 job.

The farmer that owns the goose is still pretty stupid if they kill the goose no matter how hard they worked to get their farm up and running.

Also pretty much everything you pointed to was labor of some sort. The labor of the business owner, especially the small business owner, is very important too.

The banker is a laborer. The accountant is a laborer. The executive is a laborer.
Was there a point you were trying to make?

Don't kill the golden goose.

 

[Zoom-boing]

The point is not what I inherited or didn't inherit. Nor is it how some rich person who inherited weatlth and or priviiged opportunity effects my life. It's about the claim that "most people living in mansions work their tails off" and the "bums all getttting checks from the government". Most of the folks who live in mansions in my community don't work their tales off. They live very comfortable lives of luxury. Many of them are bums in the truest sense of the word in that they do not work or produce anything during their "summer vacation that last from Memorial Day to Labor Day. Some of them pride themselves in being "beach bums" for 3 or 4 months out of the year. On the otherhand, I have a friend who is 68 years old, collects his SS along with a veterans disability check from injuries sustained in Vietnam. He continues to work at side jobs and work as a handyman doing phsical labor. I do not consider him a bum just because he collects government checks.

No one in their right mind would ever consider a vet a bum ... in any sense of the word.

I have no problem with those who can afford it to 'bum' around to their hearts delight. But just because some do does not mean they all do.

People like this guy are no different in that they do exactly as the rich do, 'bum' around doing as their heart pleases. Oh wait, one difference ... they're using joe taxpayer money to fund their fun.

Food Stamp Nation: Surfer Dude Buys Sushi, Lobster, Avoids Work | Independent Journal Review

The point is that income has nothing to do with whether a person is a "bum" that takes advantage of the system and society, whether by some kind of government assistance or special tax loopholes. There are people who take advantage from all income brackets. Trying to put the blame for the illness of our society on one segment of our society or another is just a game. It is not pragmatic and will not solve our problems. Bums from all segments and income brackets take away from our society and hurt all of us in the big picture. Which is worse, a bunch of people who earn money under the table while they collect food stamps, unemployment and medicaid, or the spoiled rich kid that takes advantage of tax breaks given because he is supposed to be a "job creator", but squanders the money on wine, women, booze, illegal drugs and toys and a non productive life of spending a inheritance? Is one any worse of harmful than the other? Is it unfair to make sure both examples actually need and deserve the assistance society decides to give them?
I don't mind feeding or caring for someone who is doing everything they can to take care of themself, but falling short. Nor do I mind giving a tax break to somebody who is going to use that tax break to create jobs or somehow benifit society of the community. What I object to is giving away money to people who do not attempt to produce anything or in any way contribute to the community or society when they could do so except for the fact they are lazy or feel entitled.

Hmmm ...

First bolded: [a bunch of people] They cheat the system by working under the table and taking other people's money.

vs

Second bolded: [spoiled rich kids who 'squander' their own money] They follow the law and spend their own money, keeping those they buy items from in the workforce.

Sorry, you still sound as if you're having a jealous over the spoiled richies.

I agree with your last paragraph.

 

[GHook93]

When LIBERALS talk about taxing to death the millionaires and billionairs, the so called 1%, they get the lemming behind it. The uneducated, uninformed and usually voting base of the Dimocrats (blacks and white liberals). They think tax those fuckers and then jam a 10 foot long black dildo up their ass why you are doing it.

HOWEVER, that is NEVER the case!!! What happens is this: The top 1% always finds ways around it. Heck they encourage the increase. Most of the time the 1%ers are making their money on capital gains anyways. They don't get hit. Heck the top 10% doesn't get hit. It's the top 40-90% take the hit. Basically the middle class, to upper middle class to lower upper class takes the hit!!! The small business owner takes the hit (not the large corps). Whenever, gutless socialist politicians talk about taxing those evil rich guys, the burden ALWAYS falls upon the middle class. ALWAYS!!! You think the Walton family takes a hit? Nope they profit!

In IL the talk by the gangsters in Chicago and Springfield screamed night and day about killing those rich guys, those yacht club members, those private jet fliers, those top shelf drinkers!!! Yet what did we end up with? The largest state income tax on the MIDDLE CLASS in the nation (actually there might be a state or two higher, CA isn't one of them though). The middle class and small businessman suffered, which the large corps got backdoor tax deals and the so called millionaire and billionaire 1%ers went on as business as usual.



It's the same with big regulations on large "evil" corporations. I work in compliance and I see how it works. The big companies actually make huge contributions to the politicians who pass them. The big corps do some short-term cost cutting, then push the extra regulation compliance costs onto the consumer and easily survive. The small businesses who also have to comply get squeezed. They can't do temporary cost cutting. They can't easily push the cost onto the consumer like the big corps and they have a tough tough time meeting the compliance requirements. A good chunk of the time they get regulated out of existence or are forced to sell at a discount to their bigger competitors. In the end, the regulation squeezed out competition, made it a ton harder for small business competitors to even start up, they drive up prices because (1) regulation costs are pushed onto the consumer and (2) there is less small business competition.

Now there is always exception regulations, like Obaminationcare (which ***** big and small businesses alike), but most are like Dodd/Frank. Yep Dodd/Frank cost the banks and other financial institutions. I work for one of them. In the short-term we cut costs. In the long-term we raised prices and thanked the government for getting rid of a lot of those pesky competitiors. Heck we even acquired a ton of those pesky competitors at HUGE discounts. None the big banks went under due to Dodd/Frank and yet they increased profits bigtime. Yet there were a TON of mom and pop community banks that vanished!!! What is left after Dodd/Frank is higher costs in banking, STRONGER MEGA-banks, less small banking institution competition and a much harder if not impossible task for a small community bank to even start up.

Always be wary of when a politician talks about sticking it to the rich, because it ALWAYS gets stuck to the middle class!

 

[GHook93]

I remember during his first election run he stated he was going to pay for this monstrosity off the backs of those evil millionaires and billionaires. Now that Obaminationcare is upon us, who is paying?

The middle class and the small business owner. The middle class saw their premiums and deductibles go up and their MEANINGFUL benefits go down. The upper class saw marginal effects to their healthcare plans!

Again he promised to get the rich to pay their fair share in order to plan for Obaminationcare, but in the end it's the middle class!

 

[Camp]

a bunch of people who earn money under the table while they collect food stamps, unemployment and medicaid[/B], or the spoiled rich kid that takes advantage of tax breaks given because he is supposed to be a "job creator", but squanders the money on wine, women, booze, illegal drugs and toys and a non productive life of spending a inheritance? Is one any worse of harmful than the other? Is it unfair to make sure both examples actually need and deserve the assistance society decides to give them?
I don't mind feeding or caring for someone who is doing everything they can to take care of themself, but falling short. Nor do I mind giving a tax break to somebody who is going to use that tax break to create jobs or somehow benifit society of the community. What I object to is giving away money to people who do not attempt to produce anything or in any way contribute to the community or society when they could do so except for the fact they are lazy or feel entitled.

Hmmm ...

First bolded: [a bunch of people] They cheat the system by working under the table and taking other people's money.

vs

Second bolded: [spoiled rich kids who 'squander' their own money] They follow the law and spend their own money, keeping those they buy items from in the workforce.

Sorry, you still sound as if you're having a jealous over the spoiled richies.

I agree with your last paragraph.

The second bolded part has to do with folks who get special tax rates because they are the "job creators"|but instead of putting the tax savings to that use, they hoard it overseas or just use it for more obscene luxury and waste. Everytime the issue of raising taxes on the rich comes up we here about how it will hurt the job creators. We here that the money saved by the rich in paying low taxes will help create new jobs. It hasn't happened. A big percentage does exactly what I described. They squander the tax breaks and what they get from low tax rates on self indulgent obscene squandering. If you are given a tax rate or loophole with the understanding that you will use it for expanding a business or investing in business that will expand the economy that is what it should be used for. It should not be used for you to experiment with $300 bottles of imported wines and to add to your wifes diamond collection.

 

[Zoom-boing]

a bunch of people who earn money under the table while they collect food stamps, unemployment and medicaid[/B], or the spoiled rich kid that takes advantage of tax breaks given because he is supposed to be a "job creator", but squanders the money on wine, women, booze, illegal drugs and toys and a non productive life of spending a inheritance? Is one any worse of harmful than the other? Is it unfair to make sure both examples actually need and deserve the assistance society decides to give them?
I don't mind feeding or caring for someone who is doing everything they can to take care of themself, but falling short. Nor do I mind giving a tax break to somebody who is going to use that tax break to create jobs or somehow benifit society of the community. What I object to is giving away money to people who do not attempt to produce anything or in any way contribute to the community or society when they could do so except for the fact they are lazy or feel entitled.

Hmmm ...

First bolded: [a bunch of people] They cheat the system by working under the table and taking other people's money.

vs

Second bolded: [spoiled rich kids who 'squander' their own money] They follow the law and spend their own money, keeping those they buy items from in the workforce.

Sorry, you still sound as if you're having a jealous over the spoiled richies.

I agree with your last paragraph.

The second bolded part has to do with folks who get special tax rates because they are the "job creators"|but instead of putting the tax savings to that use, they hoard it overseas or just use it for more obscene luxury and waste. Everytime the issue of raising taxes on the rich comes up we here about how it will hurt the job creators. We here that the money saved by the rich in paying low taxes will help create new jobs. It hasn't happened. A big percentage does exactly what I described. They squander the tax breaks and what they get from low tax rates on self indulgent obscene squandering. If you are given a tax rate or loophole with the understanding that you will use it for expanding a business or investing in business that will expand the economy that is what it should be used for. It should not be used for you to experiment with $300 bottles of imported wines and to add to your wifes diamond collection.

Well you see, the thing is it isn't government's money to take, it's the persons money to use/spend/invest/save ... however they see fit. "They squander the tax breaks". ??? It's their money! Where does it say that xxx tax break = person has to spend that $ on x, y, or z only? They're playing by the rules that uncle set up but they're the bad guys? ?? And in the meantime, john 'under the table' doe takes what isn't his, what he hasn't earned. You didn't even mention him.

Every time the issue of taxing the rich more comes up, people get pissed. Why? Because the rich are the ones who are paying their fair share plus that much more in order for john 'under the table' doe to get his goodies. Where do you think the money for all these entitlement programs come from? But it's always the same out of D.C. "tax the rich more". Who will you tax when you've taxed the rich right out of the country? What would be fair would be for everyone to pay xx percent, no loopholes, no specials, nothing. Make it easy, make it fair. Middle class is getting whacked paying for everyone else too. Look at the (un)aca ... middle class peeps are getting slammed on this thing, rates sky rocketing and will continue to do so. But as long as someone else gets theirs all is ok? Nope.

I agree with you that people who truly need a helping hand should be helped. But the many who are using government hand-outs as a leg to stand on, rather than a leg up? No. Just NO.

The bolded? You sure you weren't left out of someone's will? Wow.

 

[Clementine]

The left falsely blames capitalism for the mess we are in. It's the exact opposite. Over 100 years ago, Wilson allowed banks to write legislation, which passed. It put a massive anti-capitalist system in place called the Federal Reserve. Free markets no longer ruled. It's those banks, the true 1%, who have controlled all our money and banking since then. We have to pay for our money and that means we were in debt to the banks from the start and it has only gotten worse. The value of the dollar has steadily decreased. It had gained value prior to the creation of the Federal Reserve.

Between giving us the Federal Reserve and making income tax permanent, Wilson handed control of our economy to a wealthy few, who would support politicians who would help keep them ultra powerful and continue to get even wealthier. Government has robbed us blind ever since. No one ever won a major election without the help of Goldman Sachs and their ilk. Government bent over to the wealth giants and have blamed the private sector ever since. While the true greedy people snuggle up to politicians, the less wealthy are accused of being the problem, even though they amassed wealth without having to sell their souls to the Feds. They make good scapegoats while the politicians and Federal Reserve banks reign unopposed.

Handing government more power clearly isn't the answer. We've seen what they do with power and they don't help the little people.

Nothing will change until the people realize the power we have. Too many are completely ignorant about what true freedom and liberty really is because they are too concerned about what government can do for them. They will give up anything in order to be taken care of. That just gives more power to our captors.

We need to abolish the Federal Reserve if we are to ever get back on track. Too many people are totally ignorant about how things really work. All the policies in the world won't balance things out as long as a controlling few call the shots.

More little people would succeed if politicians didn't constantly make poor decisions. We have stupid laws to control the population, but the top people, including government and the Feds are untouchable. And you wonder why we are in such a mess.