Friday, August 27, 2010
Glenn Beck rally
Oh God, now he has done it...having a rally on the same day that Martin Luther King Jr.'s famous speech. All white's are racist. Anyone who attends is racists...yadda yadda yadda...I am SO tired of being labeled a racist because I am conservative and white. This is one of the many reasons I hate the left. You can't even discuss anything for fears that you will be labeled....Everyone has to have a label according to the left. Guess what, I am bald and white...the epitomy of evil according to you morons...Keep judging books by their covers hippies. Fortunately Americans are starting to see through the fassad for what it really is. A ploy to take over the government and institute a communist society. Fortunately, we are not all mindless lemmings....I guess we will see in this November's election.
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So you're mad about people using labels and then call the "left" a bunch of hippies, lemmings and communists? Interesting indeed. Unfortunately I think too many people feel the need to say their side is better/correct and not enough people willing to find some middle ground (not you personally, but politicians in general).
ReplyDeleteThe American people are uneducated about our government and how complex the American economy is. If Americans are going to follow Glenn Beck's lead and adopt his ideology, then we are really going to be in trouble.
ReplyDeleteI would love to get into a real conversation with you about this, so where do you want to start?
Do I think Glenn Beck is the be all end all...of course not. I don't like radicals on either side...I dislike Rush a LOT. He gives the right a bad name. Socializing everything is not the answer...all we do it spend...you need money to move and money is not moving if we are getting it taken out of our wallets and given to the government for their ARRA projects where they put up a sign and pave a half mile of road. Lower the taxes, let the American spend their money freely. If we let the left do what they want, everything will just go into a pool and money will not move and the economy will continue to weaken. The more money moves, the better the economy looks and that is huge.
ReplyDeleteyou make a good point, we need to get money moving. the problem is, banks can borrow money at .25% and buy gov bonds yielding 2.4% with zero risk. they also get to use the federal reserve as their primary slush find when their "propriety trading" ventures dont work out which is essentially privatizing gains and socializing losses. the first thing we need to do is put back Glass/Steagall which was implemented after the last crash, how quickly we forget. Secondly, taxes dont have quite the impact on the economy you think they do. for the 40 years when the top marginal tax rate was 70-90% GDP growth was 3.7, for the last 30 years when the top rate was only 30-40%, GDP growth was 3.2. not to mention, our bridges, roads and energy infrastructure have gone to shit. all the top marginal earners have done is outsource jobs and invest their cash i.e. buying back stock, government debt, acquisitions etc.. when a company buys another the first thing they do is cut jobs. our economy is better suited with lots of smaller companies and less of the too big to fail companies. the only way to do this is with more regulation and appropriate taxation (and not communism). how about this, a 15% flat tax on all earnings up to 100k, then gradations all the way up to 90% when you get to the 1 billions. our current tax system tops out at 373k of earnings which is a complete joke. on top of this, you could add in provisions which give tax breaks to any corporations using 100% american workers, almost 95% of small businesses would qualify for this. then we could start talking honestly about balancing the budget and paying China back. once we do that, THEN we can start doing some real things like raising tariffs on chinese made goods to make american manufactured goods economically viable again and create jobs. we cant do any of this when we owe them a friggin trillion dollars. the part that really gets to me about the republicans is not only are they the main "too big to fail" status quo party, but they also live in a magical world where they can pass Medicare part D (George Bush blowjob to the pharma industry - 1 trillion on the nations credit card), fight 2 wars we cant afford, AND pass tax breaks for the richest corporations (another trillion). The math doesnt add up. In your example where you mention the money would go into a commy "pool" of some sort, i dont see it that way at all. The money would go to balancing the budget, building roads and bridges (private contracts), funding a green energy bank that actually invests in green projects, fixing education system etc.. we need to be the pioneers again, we cant get there while where cutting education to the bone and putting college out of reach for the middle class. other countries are way ahead of us now and republicans arent and cant help us get there, theyre too entrenched in the status quo system. We've had a perfect case study in conservative deregulation (Enron) and supply side ecomomics over the last thirty years since 1980 and it hasnt worked out too well. I agree that the welfare and social security system need to be fixed, but again no one did more to cut welfare spending than Clinton ( a democrat) with the Personal responsibility act in 1993. nothing ive talked about here is communist or even close to socialism. just moving tax brackets around and encouraging small business in no way equals socialism. every capitalist system needs good regulations which we've learned the hard way or youre simply doomed to a boom and bust cycle.
ReplyDeleteI couldn't have said it better myself.
ReplyDelete