Whole article is a pantload.
The Banks privatize profits and socialize their losses.
Trade agreements which allow the use of child and slave labor in other countries have sucked out the opportunities for our young to find jobs in this country.
Trickle down economics have proven to be full of empty promises.
Large corporations like Mobile and GE and many others pay no taxes on billions of profits.
Capitalism has not come out of this depression unscathed.
What do you call it when TBTF banks take taxpayer monies?
Socialism bailing out capitalism?
The GOP had better take heed of the mood in this country.
It wasn’t just young kids marching in Occupy Tampa.
You believe so much that simply isn’t true. Let me take one of your assumptions apart and leave the rest to others.
I just looked up the GE 2010 statement. They earned about 11 billion. They paid their shareholders about 6 billion. Those 6 billion shareholders are mostly US citizens. Those US citizens paid at least 900,000 million on their profit share.
Further, GE paid over 17 billion in interest expense to others. That amounts to 17 billion in interest income to investors. The income tax due on that income is at at least 15%.
The stock trading volume averages 79 million each and every day. That means that 79 million in potentially taxable capital gains each day.
Even ignoring the amounts they pay vendors, employees, landlords etc, GE contributes both to our economy and to our government revenues.
In a similar way, your other statements are false.
Really?! Could you name a single statement in the column that is incorrect--or as you so eloquently and maturely (manurely) put it--a "pantload"?
The article is not wrong. You should get on back to your sleeping bag and tent. I'm sure "they" will be serving the catered lunch soon.
"Trickle down economics?" BZZZZT! I realized you were full of something right there. I've heard the rest of your down-thread arguments before. From flaming liberals.