Thanks for admitting to be a racist. It renders everything you've said so far and everything you're about to say irrelevant.
You know who the real racist is?
You and that man in the white house. He plays races against each other to divide the electorate.
I have no hesitancy in declaring that that african Obama is a racist.
Happy?
The Fort Hood massacre was caused by a lone insane individual, just like, for example, the Oklahoma City bombing or the Virginia Tech shootings. All were terrorist acts but the fact that McVeigh happened to be a Christian and Hasan a Muslim is irrelevant.
If Obama had come out and used the word terrorism, Tea Party simpletons such as yourself, would start frothing at the mouth and claim that AQ were here and we should start attacking every Muslim we see. Then Obama would have a much bigger mess on his hands.
Wait a fucking minute? He knows exactly what words he uses. Just last week he described people who oppose amnesty for illegals as 'enemies'.
The Fort Hood massacre was caused by a lone insane individual, just like, for example, the Oklahoma City bombing or the Virginia Tech shootings. All were terrorist acts but the fact that McVeigh happened to be a Christian and Hasan a Muslim is irrelevant.
If Obama had come out and used the word terrorism, Tea Party simpletons such as yourself, would start frothing at the mouth and claim that AQ were here and we should start attacking every Muslim we see. Then Obama would have a much bigger mess on his hands.
Wait a fucking minute? He knows exactly what words he uses. Just last week he described people who oppose amnesty for illegals as 'enemies'.
What difference does it make?
We are talking about the moron who rushed to the mike to call a cop doing his duty a racist. Yet a year later he does not want to rush to call a muslin a terrorist.
Fuck off.
Once again, what difference does it make? Perhaps it would vindicate your hatred for Muslims?
If a president cannot be honest and call a spade a spade, he is unfit to be in office.
What difference does it make?
We are talking about the moron who rushed to the mike to call a cop doing his duty a racist. Yet a year later he does not want to rush to call a muslin a terrorist.
I am taking the long route for the dot to see that he hates the tea party not for what the tea party stands for, but for what the dot's beliefs are.
He should admit to being a communist, but I guess, its easier for him to call the tea party racists rather than admitting it.
QED.
So America was a communist country when it was most prosperous and the top tax rate was 77%?
Definitely. 77% is confiscatory.
That's funny, I could've sworn that the US was at war with the communists during that period
I am taking the long route for the dot to see that he hates the tea party not for what the tea party stands for, but for what the dot's beliefs are.
He should admit to being a communist, but I guess, its easier for him to call the tea party racists rather than admitting it.
QED.
So America was a communist country when it was most prosperous and the top tax rate was 77%?
I am taking the long route for the dot to see that he hates the tea party not for what the tea party stands for, but for what the dot's beliefs are.
He should admit to being a communist, but I guess, its easier for him to call the tea party racists rather than admitting it.
According to Paul Buchheit of DePaul University "In 1965, the average salary for a CEO of a major U.S. company was 25 times the salary of the average worker. Today, the average CEO's pay is more than 250 times the average worker's." The New York Times reported March 31, 2010, that "Top hedge fund managers rode the 2009 stock market rally to record gains, with the highest-paid 25 earning a collective $25.3 billion, according to the survey, beating the old 2007 high by a wide margin." The annual GDP of nearly 90 UN member nations is lower than what these people took home last year. The highest paid manager on the list was David Tepper of Appaloosa Management, who made $4 billion last year."
Year 2009 may have been an economic disaster for a record number of Americans, but the U.S. billionaire caste — and millionaires as well, of course — had an excellent year. According to Forbes magazine, 2009 "was a billionaire bonanza," with Bill Gates profiting by $13 billion (enlarging his wealth to $53 billion), and Warren Buffett getting $10 billion richer (increasing his fortune to $47 billion)."
I believe that the larger the gap between rich and poor the worse it is for society as a whole. In America that gap is wider than it's ever been.
"A different measure, the international Gini index, found U.S. income inequality at its highest level since the Census Bureau began tracking household income in 1967. The U.S. also has the greatest disparity among Western industrialized nations in the Organization for Economic Cooperation and Development.
According to the Wall St. Journal, a 2008 study of wealth in the United States found that the richest .01% (that's one-hundredth of one percent, or 14,000 American families) possess 22.2% of the nation's wealth. The bottom 90%, or over 133 million families, control just 4% of the nation's wealth. The remaining top 9.99% made ends meet with what's left, 73.8%.
David DeGraw also has written that "a recent study done by Capgemini and Merrill Lynch Wealth Management found that a mere 1% of Americans are hoarding $13 trillion in investable wealth...and that doesn’t even factor in all the money they have hidden in offshore accounts."
A recent report by Ray B. Williams points out that "The U.S. Census Bureau and the World Wealth Report 2010 both report increases for the top 5% of households even during the current recession. Based on Internal Revenue Service figures, the richest 1% have tripled their cut of America's income pie in one generation. In 1980 the richest 1% of America took 1 of every 15 income dollars. Now they take 3 of every 15 income dollars.... Income inequality has been rising since the late 1970s, and now rests at a level not seen since the Gilded Age (1870 to 1900), a period in U.S. history defined by the contrast between the excesses of the super-rich and the squalor of the poor."
Did it ever occur to you that the gap can also be narrowed by raising the income level of the poor and the middle class instead of penalizing the rich?
Ok genius, lets get to your first point: How much should Buffet pay? What is fair and who decides it?
I said already. At least as much as the top tax rate. Although, I believe the top rate is currently too low in the US.
Second point: Has the spending always been out of control, and have there always been deficits? How did the country survive prior to the Income Tax amendment.
TIA
Cutting spending alone won't lift the US out of the economic crisis.
If Buffett was made to pay an extra say $5m on top of what he already pays in tax, it would not affect his standard of living in any measurable way. He even admits this in the article! The same can not be said for those on the opposite end of the pay scale. Since +95% of people are on that end of the pay scale, it is only fair that the rich are at the very least made to pay the same tax rate as the rest of the people.
Also, you haven't addressed the point that historically, when America was at its most prosperous, the top tax rates were way higher than they are now. A successful country needs a strong middle class, but at this point in time the middle class are squeezed tighter than ever.
Ok genius, lets get to your first point: How much should Buffet pay? What is fair and who decides it?
Second point: Has the spending always been out of control, and have there always been deficits? How did the country survive prior to the Income Tax amendment.