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Politics : President Barack Obama -- Ignore unavailable to you. Want to Upgrade?

To: tejek who wrote (121954)	9/28/2012 11:40:23 PM
From: mel221	Read Replies (1) \| Respond to of 149317

Admirable story and accomplishment. Congrats. And of course you want the marginal tax rates to be returned back to the 1950's level of 90%. So that about 1.5 milllion of your gain is properly redistributed to its rightful owners... After all, you didn't build that!

To: tejek who wrote (121954)	9/28/2012 11:51:04 PM
From: mel221	Read Replies (1) \| Respond to of 149317

>> In my book, capitalism needs to be constructive......... And that's why we honestly disagree. Capitalism is about construction and destruction... hidden potential and unrealised opportunity. I am not saying your philosophy is wrong, but certainly misguided. One of the great American capitalists is Thomas Edison. He invented the light bulb and created many industries and his efforts created much wealth for this country (GE). He also destroyed the candle making business. And the liberal position is to protect the candle makers and hinder Edison and his kind of destructive capitalism! Capitalism does increase value in net.. but there is always a destructive part.

To: tejek who wrote (121954)	9/29/2012 12:17:42 AM
From: Woody_Nickels	Read Replies (3) \| Respond to of 149317

Well, with this story you are Romney, Jr. You bought an apartment bldg. that needed renovations. Romney bought companies needing renovations. You restored the building, replacing the broken parts and making the building profitable. Romney restructured the companies, replacing broken unprofitable depts., and making the company profitable. You sold your building at an obscene profit after raping the tenants with your 'cash flow', and only paid 15% cap gains tax. Romney sold his companies and paid his 15% cap gains. So tell me, Mr. HighandMighty, how are you any different than Romney, except that you only did it once, while Romney did it over and over, and grew his fortune much more than you, through his own hard work? Just curious.

To: tejek who wrote (121954)	9/30/2012 10:04:13 PM
From: RetiredNow	Read Replies (2) \| Respond to of 149317

It's personal for all of us. Your conclusion is that Central Economic Planning and money printing will lead to prosperity. That's the pied piper calling and that's the easy route. The hard route is working hard, saving, and investing. But you want the easy route. You think that this big country is so easy to manage with just a few Central Bankers at the wheel. If you'd learned something from your own rental, then you'd realize that it's much better when an individual takes the initiative to create something, rather than have the government borrow and spend and print ad infinitum as they steal all of our hard earned wealth to give it to criminal banksters who made bad bets on derivatives. You bitch and moan about the R's, but the fact is that you aren't taking responsibility for your own candidate who's in power now and who has institutionalize fraud and crime through his lack of prosecutions of criminal banksters and his endless bailouts of those criminals and his backing of a Soviet-style Central Economic Planner. Your trickle down theory has resulted in persistently high unemployment as far as the eye can see and a downturn in all the major economic indicators. The only thing holding up GDP is excessive government waste. Real enterprise is holding back, because they know that wealth isn't created from money printing machines and that a reckoning will come from that path. It's time for Obama to bow out. Romney won't be much better, but at least he'll make a good start by getting rid of Bernanke.