Free Republic
Browse · Search
News/Activism
Topics · Post Article

Skip to comments.

Tax the Super Rich now or face a revolution
Market Watch ^ | March 29, 2011 | Paul B. Farrell

Posted on 03/29/2011 8:57:23 PM PDT by Christus_Rex

Yes, tax the Super Rich. Tax them now. Before the other 99% rise up, trigger a new American Revolution, a meltdown and the Great Depression 2.

We know the Super Rich don’t care. Not about you. Nor the American public. They can’t see. Can’t hear. Stay trapped in their Forbes-400 bubble. An echo chamber that isolates them. They see the public as faceless workers, customers, taxpayers. See GOP power on the ascent. Reaganomics is back. Unions on the run. Clueless masses are easily manipulated.

Even Obama is secretly working with the GOP, will never touch his Super Rich donors. Yes, the Super-Rich Delusion is that powerful, infecting all America.

Here’s how one savvy insider who knows described this Super-Rich Delusion: “The top 1% live privileged lives, aren’t worried about much. Families vacation at the best resorts. Their big concerns are finding the best Pilates teacher, best masseuse, best surgeons, best private schools. They aren’t concerned with the underlying deterioration of America or the world, except in the abstract, because they aren’t directly affected by it. That’s not to say they aren’t sympathetic, aware, or don’t talk about the issues you bring up. They are largely concerned with protecting and enhancing their socio-economic positions, ensuring their families live well. And nothing you write about will change things.”

(Excerpt) Read more at marketwatch.com ...


TOPICS: Business/Economy; Culture/Society; Front Page News; Government
KEYWORDS: 1percent; 2018election; 2020election; business; communism; election2018; election2020; fauxiantrolls; incometaxes; irs; molassesmiasma; obama; onepercent; paulbfarrell; penguinhumor; superrich; taxcutsandjobsact; taxreform; taxtherich; tcja; uniparty; zot; zotlist
Navigation: use the links below to view more comments.
first previous 1-20 ... 341-360361-380381-400 ... 1,261-1,265 next last
To: fanfan

Oh, that makes sense. What dishes use egg yolks, though? I’ll have to look some up if DP and Elen are going to make meringue! If they’re too desperately fattening, I’ll take them to church ;-).


361 posted on 04/02/2011 3:25:40 PM PDT by Tax-chick (Nadie me ama como Jesus.)
[ Post Reply | Private Reply | To 359 | View Replies]

To: Tax-chick

I always get halfway and get distracted. However, there’s not much to get disracted with around here, so..


362 posted on 04/02/2011 3:38:26 PM PDT by Anoreth (I'm wanted in seven systems.)
[ Post Reply | Private Reply | To 338 | View Replies]

To: Tax-chick

Ceasar Salad is the first thing that comes to mind.

Eggs yolks are only fattening if eaten within 2 hours of bread or other carbs. imho.


363 posted on 04/02/2011 3:45:25 PM PDT by fanfan (Why did they bury Barry's past?)
[ Post Reply | Private Reply | To 361 | View Replies]

To: fanfan

Yep. Chocolate ice cream with ribbons of chocolate and little bitty chocolate cups with peanut butter filling. The “regular” Moose Tracks is vanilla. But I like the Extreme. If I knew how to ship it, I’d send you some.


364 posted on 04/02/2011 3:51:24 PM PDT by Monkey Face ("...By small and simple things are great things brought to pass...." Alma 37:6)
[ Post Reply | Private Reply | To 351 | View Replies]

To: Tax-chick; fanfan; Monkey Face
"What dishes use egg yolks, though?"

Deviled egg yolks.

Please pass to Elen my wishes that she have a Middlin' Happy Birthday.

She's beautiful, did you know?

365 posted on 04/02/2011 3:52:03 PM PDT by NicknamedBob (I get my exercise. I take my vitamins. I tell pain it can come along, but it'll have to ride in back)
[ Post Reply | Private Reply | To 361 | View Replies]

To: fanfan; Tax-chick

I could have loved the pies, if whipped cream had been used.


366 posted on 04/02/2011 3:53:54 PM PDT by Monkey Face ("...By small and simple things are great things brought to pass...." Alma 37:6)
[ Post Reply | Private Reply | To 357 | View Replies]

To: fanfan

Or vice-versa...


367 posted on 04/02/2011 3:54:56 PM PDT by Monkey Face ("...By small and simple things are great things brought to pass...." Alma 37:6)
[ Post Reply | Private Reply | To 359 | View Replies]

To: Tax-chick; fanfan

Egg yolks are used in puddings and pound cakes. It seems to me a lot of baking/making was used to explain the ingredients in certain recipes. But then, what do I know? I was born too soon.


368 posted on 04/02/2011 3:57:44 PM PDT by Monkey Face ("...By small and simple things are great things brought to pass...." Alma 37:6)
[ Post Reply | Private Reply | To 361 | View Replies]

To: Monkey Face; fanfan; Tax-chick
"I was born too soon."

Not me. That's about my limit for holding my breath.

369 posted on 04/02/2011 4:13:38 PM PDT by NicknamedBob (I get my exercise. I take my vitamins. I tell pain it can come along, but it'll have to ride in back)
[ Post Reply | Private Reply | To 368 | View Replies]

To: Tax-chick
Capital gains taxes diminish investment, which affects employment.

I call bologna. The market and the economy are decoupled at this point. The former is a bubble - an epiphenomenon of QE, the latter is a victim of automation and offshoring.

I predict that the DOW will hit 15K this year (on devalued FRNs) -- for I do not believe the Fed will cut off QE in June, or the Fed will perhaps go into stealth mode QE -- and the U6 will remain above 16%,

370 posted on 04/02/2011 4:18:33 PM PDT by Big Bronson
[ Post Reply | Private Reply | To 356 | View Replies]

To: NicknamedBob

All the things I’ve wanted to do have been invented since I’ve been born. Narnia would have been a good place for me. Or not.

Maybe Star Trek would have been a better venue for me.


371 posted on 04/02/2011 4:31:53 PM PDT by Monkey Face ("...By small and simple things are great things brought to pass...." Alma 37:6)
[ Post Reply | Private Reply | To 369 | View Replies]

To: NicknamedBob
She's beautiful, did you know?

Yes, we did know, even when she was a baby. She won the genetic lottery!

Although if she keeps getting poison ivy all over her face, it'll end up like a bad case of smallpox.

372 posted on 04/02/2011 4:43:40 PM PDT by Tax-chick (Nadie me ama como Jesus.)
[ Post Reply | Private Reply | To 365 | View Replies]

To: Tax-chick

Elen needs to take stock of herself. She IS beautiful. Send her to me for a week and she’ll come back more in tune with who she is.

Just sayin’...


373 posted on 04/02/2011 4:47:06 PM PDT by Monkey Face ("...By small and simple things are great things brought to pass...." Alma 37:6)
[ Post Reply | Private Reply | To 372 | View Replies]

To: Big Bronson

You can balogna all you want - I’m not fond of it, myself - but taxes on investment income affect investment and employment. There are many different forms of investment besides publicly-traded stocks.

Bubbles are a phenomenon of many different types of markets, but not a key point in any way. Over the long term, the real factors that determine ROI drive what is happening out in Real Life.


374 posted on 04/02/2011 4:47:35 PM PDT by Tax-chick (Nadie me ama como Jesus.)
[ Post Reply | Private Reply | To 370 | View Replies]

To: Monkey Face

Currently she’s in tune with becoming a pop music star. She’s practicing the guitar again, as if we didn’t have enough of that going on.


375 posted on 04/02/2011 4:48:32 PM PDT by Tax-chick (Nadie me ama como Jesus.)
[ Post Reply | Private Reply | To 373 | View Replies]

To: Monkey Face

You’d have loved the whipped cream, if pies had been used?

I need some coffee ... the Evil Sleeps are coming to get me, but I can’t surrender ...


376 posted on 04/02/2011 4:49:25 PM PDT by Tax-chick (Nadie me ama como Jesus.)
[ Post Reply | Private Reply | To 367 | View Replies]

To: Anoreth

You could get it on a recording and play it on watch instead of singing.


377 posted on 04/02/2011 4:51:05 PM PDT by Tax-chick (Nadie me ama como Jesus.)
[ Post Reply | Private Reply | To 362 | View Replies]

To: Tax-chick

She needs to be herself. It’s hard to tell with a girl her age what she wants and what she REALLY wants. It’s difficult to say what she is best suited for. For now, she is like buckshot: scattered energy.

She is wavering between what she wants and what she thinks is expected of her.


378 posted on 04/02/2011 4:54:06 PM PDT by Monkey Face ("...By small and simple things are great things brought to pass...." Alma 37:6)
[ Post Reply | Private Reply | To 375 | View Replies]

To: Monkey Face

We plan on helping her to avoid disaster for the next few years, and she’ll get going on the rest of her life when she’s ready. None of us is all there at 13!


379 posted on 04/02/2011 4:55:35 PM PDT by Tax-chick (Nadie me ama como Jesus.)
[ Post Reply | Private Reply | To 378 | View Replies]

To: Tax-chick
but taxes on investment income affect investment and employment.

Not anymore. That's what decoupling means. That's the definition.

Over the long term, the real factors that determine ROI

As measured in what? Fiat currency always collapses, and the FRN has lost 93% of its value since its inception - 20% of its value in the last year alone.

Over the long term we are all dead. Right now however, we are in a stock market bubble that will either collapse in June or lead to the Zimbabwefication of the pebbles and wampum with which you count your stocks.

It really doesn't matter what the tax rate goes to at this point. Toast - it's what's for empire.

380 posted on 04/02/2011 4:58:12 PM PDT by Big Bronson
[ Post Reply | Private Reply | To 374 | View Replies]


Navigation: use the links below to view more comments.
first previous 1-20 ... 341-360361-380381-400 ... 1,261-1,265 next last

Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.

Free Republic
Browse · Search
News/Activism
Topics · Post Article

FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson