Zone1 Tax the Rich! Make them Pay their Fair Share!

[Woodznutz]

But not a single poll EVER that wants US style H.C IN ANY OTHER UHC NATION

Rightly so.

 

[alang1216]

In other words, you believe that Karl Marx was right when he said, "from each according to his abilities, to each according to his needs". I do sorry for people who have that kind of thinking. More often than not, those who espouse those views are people who follow the view that they don't mind therefore it doesn't matter.

Exactly wrong. I believe if you should have to earn it to own it. The children of billionaires did nothing to earn anything except be born.

 

[leftwinger]

Parents pass down enough bad also to offset any good//

 

[Woodznutz]

Exactly wrong. I believe if you should have to earn it to own it. The children of billionaires did nothing to earn anything except be born.

Most of the wealth left to the kids by the super-rich isn't in money. It's in property and/or, stocks and bonds, etc. I won't leave my kids anything but money (pay-on-death instruments). Property would be a pain in the ass for them.

 

[PeanutGallery]

Exactly wrong. I believe if you should have to earn it to own it. The children of billionaires did nothing to earn anything except be born.

So, this is more of along the lines that since you can't take it with you, we (the government) should take what we want, leave you a little, and call it square. What you're doing is what I would call "pocket watching". Envy or jealousy works as well. In life, you have "life's lottery winners". Normal people go about their lives without thinking about what the kids of billionaires & millionaires do. Those who have little going on for themselves or those trying to buy votes think about ways to get money from those who have it.

 

[Toddsterpatriot]

Nah, 2004 Dubya increased it to 56% AND removed Clinton rule that didn't allow subprimes with predatory to count


HUD restricted Freddie and Fannie, saying it would not credit them for loans they purchased that had abusively high costs or that were granted without regard to the borrower's ability to repay (CLINTON). Freddie and Fannie adopted policies not to buy some high-cost loans.

https://archive.ph/ZhfIA#selection-503.0-503.262

Nah, 2004 Dubya increased it to 56%

Darn, the number didn't increase until 2005 when it went to 52%.

AND removed Clinton rule that didn't allow subprimes with predatory to count

Damn! Look at how much shit HUD was forcing them to buy.


Low- and moderate-income buyers. High-LTV loans.

Lots of subprime loans bought under Clinton's no subprime rules. Weird.

That reminds me, Cuomo talked about it, but I never saw any evidence that Clinton did anything
about "predatory mortgages".

Were you lying, again, or just confused, again?

 

[Robert W]

Yet Dubya pushed the $1 trillion a year mortgage market to almost $4 trillion by 2003, that Clinton too?

You can say the same about VA loans and FHA loans. There was nothing wrong with Bush wanting to help citizens get the sweet taste of homeownership. Bush never set policy for the lenders. Congress later did and the result is many fine lenders did not stay in business.

 

[Robert W]

Nah, 2004 Dubya increased it to 56%

View attachment 1243464


Darn, the number didn't increase until 2005 when it went to 52%.

AND removed Clinton rule that didn't allow subprimes with predatory to count
View attachment 1243465


Damn! Look at how much shit HUD was forcing them to buy.


Low- and moderate-income buyers. High-LTV loans.

Lots of subprime loans bought under Clinton's no subprime rules. Weird.

That reminds me, Cuomo talked about it, but I never saw any evidence that Clinton did anything
about "predatory mortgages".

Were you lying, again, or just confused, again?

I informed him, that Fannie Mae and Freddie Mac were the reason for the problems and I believe you and myself proved our case. They were the giants of the loand insustry. They both werre purchassded by the feds due to therir mess.

 

[Robert W]

Nah, 2004 Dubya increased it to 56%

View attachment 1243464


Darn, the number didn't increase until 2005 when it went to 52%.

AND removed Clinton rule that didn't allow subprimes with predatory to count
View attachment 1243465


Damn! Look at how much shit HUD was forcing them to buy.


Low- and moderate-income buyers. High-LTV loans.

Lots of subprime loans bought under Clinton's no subprime rules. Weird.

That reminds me, Cuomo talked about it, but I never saw any evidence that Clinton did anything
about "predatory mortgages".

Were you lying, again, or just confused, again?

At times posters talk about AI and it's impact, but back prior to the housing crisis, we had the dot.com bust. This had a huge impact on housing loans since the loans in many cases were to invest in Dot.coms and when those tumbled, it had a ripple effect on houses where the owners were suddenly upside down.

 

[alang1216]

Most of the wealth left to the kids by the super-rich isn't in money. It's in property and/or, stocks and bonds, etc. I won't leave my kids anything but money (pay-on-death instruments). Property would be a pain in the ass for them.

All fungible.

 

[Robert W]

I wish you understand how PROOF works. I posit stuff, post CREDIBLE links proving it, you give links to youtube video's of right wingers in 2008 blaming F/F and Democrats, even though they had zero control in Congress 2001-Jan 2007


Proportion of subprime mortgages made from 2004 to 2006 that come with "exploding" adjustable interest rates: 89-93%


OCT 2008

The "turmoil in financial markets clearly was triggered by a dramatic weakening of underwriting standards for U.S. subprime mortgages, beginning in late 2004 and extending into 2007," the President's Working Group on Financial Markets

Your ego is shoving your arrogance. You can find a zillion posts provided you search for your beliefs. But the truth is more hidden from you than you realize.

 

[Robert W]

Wow Dubya went to the GOP CONTROLLED CONGRESS and said he warned HIS GOP Congress 17 times about the GSE program HE WAS ALREADY IN CHARGE OF?

 

[Robert W]

turmoil in financial markets clearly was triggered by a dramatic weakening 'of underwriting standards for U.S. subprime mortgages, beginning in late 2004 and extending into 2007

Due to Fannie Mae and Freddie Mac changing rules. Their standards were used. Bush had no control over the two firms. They were not then government managed. Now they are.

 

[JonKoch]

The basic fiscal problem in Washington for decades has been the Democrats' unconstitutional campaign to buy votes with tax dollars. Starting in the FDR years, the Tenth Amendment was gradually rendered "dead letter law" as one unconstitutional program after another was introduced, making more and more Americans dependent on Federal handouts. NONE of these programs, whether they be food, housing, education, or healthcare has any backing in the First Amendment, from which Congress derives the "powers" to spend our money.

When Republicans gain power in Congress they are attacked every time they try to scale back or eliminate the unconstitutional programs, making it politically impossible to "right the ship of State."

The latest fiasco is illustrative: Democrats hatched a plan to subsidize health insurance premiums, to hide the total failure of ObamaCare to hold down health insurance costs. Ignoring the greater perversity of ACA itself, Congress had NO POWER to create or pay these subsidies, and as Republicans try to take them away, it is portrayed as BETRAYING THE AMERICAN PEOPLE to stop doing something that never should have been done in the first place.

It is a perverse world indeed when someone who seeks to compel Congress to stay within its legitimate powers (e.g., Chip Roy) is considered a right-wing extremist.

LMAOROG. Sure the GOP is trying to scale back, lol


Well let's look at ACA (Obamacares for the dummies), it was a MARKET DRIVEN HERITAGE FOUNDATION PLAN FROM THE 1990'S, Remember Romneycare? Where is the public option?



ACA was 100%+ funded UNTIL the right attacked the funding via courts and Congress

How about Dubya/GOP privatizing Medicare with the UNHEARD OF 3 HOUR VOTE IN THE MIDDLE OF THE NIGHT IN 2003? It was the House passing Medicare Part D? They had expanded the privatization of Newts 1997 Medicare Advantage, that this year, along with Dubya's part D costs US tax payers $230+ BILLION plus, of course ALL without a single penny of funding


BTW, SCOTUS SAYS YOU'RE FOS ON THE 10TH

 

[JonKoch]

Who are you people to decide a Lifetime of already Taxed funding used to grow a 50 year farm or company cant be given over to new management with profits to re-invest.

$1T Tesla cant be given to his kids? Tesla or anazon or Trump industries must be disbanded because you don't like it?

How has Amazon OR Diaper Don's "industries (grifting is industry?)" EVER been taxed on anything other than INCOME (even that Diaper Don doesn't pay)

Hint the Big Ugly Bill the GOP passed gives $15 million (indexed for inflation) for each parent to pass down, tax free

 

[JonKoch]

At the end of the day, how many of them passed down to their children after things were passed down to them?

John Hancock didn't have any kids that lived past 9. I think his wife got

John Adams passed his inheritance to his daughter, who then passed it on to John Quincy Adams.

Thomas Jefferson's daughter inherited the debt amassed by him.

You're missing the fkn point, THEY LIVED THROUGH THE ARISTOCRACY OF INHERITED WEALTH, they wanted a nation built on MERIT

 

[JonKoch]

You must be shaving or brushing your teeth

You don't, that is what you are being accused of genius

TRANSLATION: "all I care about is other peoples money"

and that would best be done by encouraging spending for goods even/especially when it comes to tax incentives

that seems to be what's really driving your rant.

Trickle down is VOODOO ECONOMICS

 

[JonKoch]

In other words, you believe that Karl Marx was right when he said, "from each according to his abilities, to each according to his needs". I do sorry for people who have that kind of thinking. More often than not, those who espouse those views are people who follow the view that they don't mind therefore it doesn't matter.

I trust Justice Louis Brandeis is: "We may have democracy, or we may have wealth concentrated in the hands of a few, but we can't have both"

 

[JonKoch]

Rightly so.

True, US health care always near the bottom of outcomes of developed nations

 

[JonKoch]

Exactly wrong. I believe if you should have to earn it to own it. The children of billionaires did nothing to earn anything except be born.

Come on, they hit the gene lottery