Suddenly we must get rid of Billionaires

[Toddsterpatriot]

Ban capitalist super PACs first, the so-called "citizens united" scheme in place for the rich to legally bribe politicians. Actually better yet, just ban capitalists.

Citizen's United is about free speech.

 

[Red Front]

Citizen's United is about free speech.

It's about the rich buying the government to serve their vested interests at the great expense of the public. The American people should take money out of politics.

 

[Red Front]

Another "self-made" billionaire asking for government subsidies (after he's already gotten billions)

Capitalism needs socialism to survive. Without it, it would collapse in less than a decade. Government intervention with public funds is the norm for keeping capitalism afloat.

 

[Toddsterpatriot]

The problem is that no matter what measures you take to control billionaires, they will always use their money in ways that serve their own interests and not necessarily that of the public good. It's not very "American" to give so much power to one individual or one family. That's more like a monarchy than republicanism or democracy.

It's not very "American" to give so much power to one individual or one family.

Give?

 

[Toddsterpatriot]

It's about the rich buying the government to serve their vested interests at the great expense of the public. The American people should take money out of politics.

Even rich people get to make movies that make Hillary look bad.

The American people should take money out of politics.

You'd have to get the government out of the economy first.

 

[Red Front]

It's not very "American" to give so much power to one individual or one family.

Give?

Yes "give". Without society, without the working-class/paying consumers/markets, without the government providing us with a currency, infrastructure, courts that protect patents, property rights..etc, facilitating the means to conduct commerce, there would be no billionaires. American society allows people to amass billions of its dollars, hence we have these rich monsters that essentially control everything with their money. There's no law written anywhere in the heavens that stipulates that human society has to allow the existence of billionaires.

 

[Red Front]

Even rich people get to make movies that make Hillary look bad.

The American people should take money out of politics.

You'd have to get the government out of the economy first.

There wouldn't be an economy without government. That statement reveals how ignorant you are of economics.

 

[Toddsterpatriot]

Yes "give". Without society, without the working-class/paying consumers/markets, without the government providing us with a currency, infrastructure, courts that protect patents, property rights..etc, facilitating the means to conduct commerce, there would be no billionaires. American society allows people to amass billions of its dollars, hence we have these rich monsters that essentially control everything with their money. There's no law written anywhere in the heavens that stipulates that human society has to allow the existence of billionaires.

You're funny.

 

[Red Front]

You're funny.

You're ignorant.

 

[Toddsterpatriot]

There wouldn't be an economy without government. That statement reveals how ignorant you are of economics.

When the government controls trillions of dollars, people will be interested in
influencing where that money goes. How do you stop that? By outlawing contributions?

 

[Toddsterpatriot]

You're ignorant.

Coming from a commie, that's even funnier.

 

[Red Front]

When the government controls trillions of dollars, people will be interested in
influencing where that money goes. How do you stop that? By outlawing contributions?

The government already controls trillions of dollars, because it is the exclusive issuer of the dollar. Your statement is gobbledygook. Washington politicians receive great government salaries with benefits that most people in the private sector can only dream about. There should be a $2000 cap on political contributions for each individual citizen, hence no one will be able to control the legislative process with their money by paying politicians hundreds of thousands or even millions of dollars in donations i.e. bribes, as they often do. That's how the rich control the government at the expense of everybody else.

 

[Red Front]

Coming from a commie, that's even funnier.

All you have are cheap ad hominem, personal attacks against my character, demonstrating you have no real argument against what I've said. Insults are the refuge of a weak argument.

 

[Indeependent]

Yes "give". Without society, without the working-class/paying consumers/markets, without the government providing us with a currency, infrastructure, courts that protect patents, property rights..etc, facilitating the means to conduct commerce, there would be no billionaires. American society allows people to amass billions of its dollars, hence we have these rich monsters that essentially control everything with their money. There's no law written anywhere in the heavens that stipulates that human society has to allow the existence of billionaires.

It is impossible to separate assets from private or public politics.

 

[Toddsterpatriot]

The government already controls trillions of dollars, because it is the exclusive issuer of the dollar. Your statement is gobbledygook. Washington politicians receive great government salaries with benefits that most people in the private sector can only dream about. There should be a $2000 cap on political contributions for each individual citizen, hence no one will be able to control the legislative process with their money by paying politicians hundreds of thousands or even millions of dollars in donations, as they often do.

The government already controls trillions of dollars, because it is the exclusive issuer of the dollar.

The government controls trillions of dollars because of taxes and regulation, not because the Fed.

Washington politicians receive great government salaries with benefits that most people in the private sector can only dream about.

Yes they do.

There should be a $2000 cap on political contributions for each individual citizen,

Why? The limits we already have don't work? Why would your new ones?

 

[Red Front]

It is impossible to separate assets from private or public politics.

What do you mean by the impossibility of separating assets from politics? Elaborate a bit.

 

[Toddsterpatriot]

All you have are cheap ad hominem, personal attacks against my character, demonstrating you have no real argument against what I've said. Insults are the refuge of a weak argument.

Commies have character?

 

[Indeependent]

What do you mean by the impossibility of separating assets from politics? Elaborate a bit.

To run for office costs at least a few hundred thousand dollars and contributors want favors in return.
If you take away the contributors only people with that type of money to throw away can run for office.

Politicians are always being pressured by special interest groups, both Conservative and Liberal, to spend tax dollars on their preferred projects.

 

[Red Front]

The government already controls trillions of dollars, because it is the exclusive issuer of the dollar.

The government controls trillions of dollars because of taxes and regulation, not because the Fed.

Washington politicians receive great government salaries with benefits that most people in the private sector can only dream about.

Yes they do.

There should be a $2000 cap on political contributions for each individual citizen,

Why? The limits we already have don't work? Why would your new ones?

The limits can stop large corporate donations, it would be across the board. The federal government is the exclusive issuer of the USD and the Fed is simply a government-chartered financial institution acting as our nation's central bank, so your statement about the Fed is incoherent. The United States has a sovereign, fiat currency issued exclusively by its federal government through its central bank i.e. The Fed.

 

[Indeependent]

The limits can stop large corporate donations, it would be across the board. The federal government is the exclusive issuer of the USD and the Fed is simply a government-chartered financial institution acting as our nation's central bank, so your statement about the Fed is incoherent. The United States has a sovereign, fiat currency issued exclusively by its federal government through its central bank i.e. The Fed.

Will you also control MNCs being able to fire their employees when their investors pull out?
Will you stop investors from investing as they so choose?

Controlling an economy that you want to thrive is not quite so simple.