Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Politics : GOPwinger Lies/Distortions/Omissions/Perversions of Truth -- Ignore unavailable to you. Want to Upgrade?

To: J_F_Shepard who wrote (144308)	10/30/2008 9:46:37 PM
From: Hope Praytochange	1 Recommendation Read Replies (1) \| Respond to of 173976

Some interesting Observations ! You cannot help the poor by destroying the rich. You cannot strengthen the weak by weakening the strong. You cannot bring about prosperity by discouraging thrift. You cannot lift the wage earner up by pulling the wage payer down. You cannot further the brotherhood of man by inciting class hatred. You cannot build character and courage by taking away people's initiative and independence. You cannot help people permanently by doing for them, what they could and should do for themselves. Abraham Lincoln Interesting information! City, State, % of People Below the Poverty Level 1. Detroit , MI 32.5% 2. Buffalo , NY 29.9% 3. Cincinnati , OH 27.8% 4. Cleveland , OH 27.0% 5. Miami , FL 26.9% 6. St. Louis , MO 26.8% 7. El Paso , TX 26.4% 8. Milwaukee , WI 26.2% 9. Philadelphia , PA 25.1% 10. Newark , NJ 24.2% U.S. Census Bureau, 2006 American Community Survey, August 2007 What do the top ten cities (over 250,000) with the highest poverty rate all have in common? Detroit, MI (1st on the poverty rate list) hasn't elected a Republican mayor since 1961; Buffalo , NY (2nd) hasn't elected one since 1954; Cincinnati , OH (3rd)...since 1984; Cleveland , OH (4th)...since 1989; Miami , FL (5th) has never had a Republican mayor; St. Louis , MO (6th)....since 1949; El Paso , TX (7th) has never had a Republican mayor; Milwaukee , WI (8th)...since 1908; Philadelphia , PA (9th)...since 1952; Newark , NJ (10th)...since 1907. Einstein once said, 'The definition of insanity is doing the same thing over and over again and expecting different results.' It is the disadvantaged who habitually elect Democrats --- yet they are still disadvantaged ...

To: J_F_Shepard who wrote (144308)	10/30/2008 9:51:41 PM
From: TimF	Read Replies (2) \| Respond to of 173976

.the nation's wealth is redistributed no matter which party gains control. That's very true. As we just experienced, wealth was redistributed upward to the more wealthy That is completely false. The redistribution was from the wealthy to the less wealthy. Redistributing upward would imply taxes that where much higher for the poor and middle class (in absolute dollar terms not just as a percentage), and government benefits that focus on the wealthy. Neither happened recently. And we didn't even get "less redistribution", because (at least until the current economic slowdown) the wealthy where paying a larger and larger percentage of the tax burden every year. So we got more redistribution away from the wealthy. Your incorrectly conflating "the rich are richer" with "the rich have more redistributed to them by the government", but they are two totally separate ideas, and in fact the more the rich (as a class) get richer the more they tend to get wealth redistributed away from them.