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Politics : Foreign Affairs Discussion Group -- Ignore unavailable to you. Want to Upgrade?


To: Maurice Winn who wrote (176635)12/1/2005 5:08:21 AM
From: geode00  Read Replies (1) | Respond to of 281500
 
About half of the serious financial difficulties in the US are the result of medical catastrophes.

If you include the financially incompetent to be big corporations and the government of the US of A then indebtedness does indeed go into the billions. Look at the corporations dumping their pension obligations onto the public trough.

I believe in a society that floats all boats not just the yachts. In that, I see things differently from the rightwing in this country.

Most people fit the bell curve of intelligence. There is relatively little difference between people. Take away their resources, their organizational structures, society and everyone is pretty much in the same boat. Society exacerbates small difference into very different results. Warren Buffet and Bill Gates Senior understand this.

'Duke' Cunningham pleaded guilty to acquiring $2.4 million from bribery. That made him rich, not poor. What did he do that was useful to society that made him rich?

In your book, as in Dumbya Dumbya Bush's, financial wealth is equivalent to moral wealth. That is a very corrupt way of thinking. He, too, thinks that people are poor because they are stupid and lazy. He, of course, is stupid and lazy but is very rich thanks to Poppy Bush.

He does not understand the irony in this...do you?



To: Maurice Winn who wrote (176635)12/1/2005 9:26:51 AM
From: bentway  Read Replies (1) | Respond to of 281500
 
Those are just your opinions. Here's a chart of historical US tax rates that shows that taxes, especially on corporations, are at historical lows today.

home.att.net

"1964 - Income tax, top rate: 77 percent.

1965 - Income tax, top rate: 70 percent.

1950s - Corporate tax: 52 percent.

Late 60s - cap gains start rising from 25 percent.

Mid 70s - cap gains reaches 39 percent."