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401k accounts exist to prop
401k accounts exist to prop up wall street.
Nothing more.
DT
*SNIFF* *SNIFF* I smell envy
*SNIFF* *SNIFF* I smell envy for other people's money.
America is now corporate
America is now corporate owned. It is run like a business. Its no longer we the people but we the CEOS. Big business are the only ones who have a say in policy making now and are robbing us blind. So its no wonder America is in decline.
BANKS and financiers through
BANKS and financiers through fractional-reserve banking are the culprits. They CONTROL governments, as in the current EU. It would be less bad if they created money out of thin air but they create debt (interest bearing) out of thin air. Then when there isn't enough liquidity for everyone to pay debts the economy contracts, there is deflation (due to liquidation of debt) and unemployment. Like Al Bundy, the poor shmoo who loses his house (often through fraudulent repos) will buy it back again for top dollar in the future. Banks make a $200,000 home loan on just $2000 of deposits--but they expect federal bailout for the full amount!
Not the government? not
Not the government? not bossy government bureucrats who belong to the SEIU and other union rackets who tell us what to do? Not liberal politicians passing more laws to curtail our sacred freedoms instead of enforcing the ones we already have? Not welfare Parasites who are able to but wont work?
Why is it the anonymous
Why is it the anonymous ranters who so hate government intervention so firmly believe the government should decide who can't enter the country, who can't marry, who can't have sex, who can't smoke pot, who can't have medical care, who can't vote, who can't avoid torture, and who can't hide from being attacked by it?
They so firmly believe our government shouldn't build roads and schools and hospitals, but know it better build more walls and weapons and prisons. We've always had interplanetary nuts, but now we have Fiore to make fun of them. Thank you.
I have no idea why, guess
I have no idea why, guess they dont feel the need to take the time to make an account. Who cares?
who so hate government intervention so firmly believe the government should decide who can't enter the country, who can't marry, who can't have sex, who can't smoke pot, who can't have medical care, who can't vote, who can't avoid torture, and who can't hide from being attacked by it?
Hypocrites thats who. I dont want government involved in thos things. Only liberals and RINOs want the government to rule us.
Lets not forget how Maine New Jersey California and other liberal states ban the poor from moving to red states using mental health laws to keep them esnlaved on welfare and how government programs set people up to fail.
A guy I know was telling me how he applied for a trucking postion and his case working demanded he take a job in fast food instead. Why? Because then they cant track him and get federal funding! ITS A SCAM!
They so firmly believe our government shouldn't build roads and schools and hospitals, but know it better build more walls and weapons and prisons
AGAIN! Real patriots are against that crap. We dont need a massive military complex. (Which Clinton and JFK supported and uesed) We wouldnt have prisons if we could execute murdrers and rapists and still had prayer and bible study in public.
Oh yeah. The government
Oh yeah. The government running prisons is an infringement on our freedoms, so the government ought to just kill people instead.
And all criminals would instantly become law-abiding citizens if praying in public were allowed, which actually it already is. If you don't believe me, go stand out on a street corner and start praying. Jesus wouldn't approve (see Matthew 6:5-6), but the law can't stop you as long as you aren't disturbing the peace or using public resources such as schools.
It all makes perfect sense. I don't know why anyone would think that mental health laws might be applicable to your situation.
So your perfectly alright
So your perfectly alright with bestowing mercy on those who gave no mercy and letting them live in institutions run by tax payers to keep them alive then.
Yes, I'm in favor of keeping
Yes, I'm in favor of keeping convicted murderers locked up rather than killing them, if that's what you mean. It's not really a good option, just the least bad one. Because if you kill an alleged murderer and later discover that you made a mistake and he didn't actually murder anyone, you can't go back and un-kill him.
But I'm not the one who preaches small government. Anyone who does but still wants the government to have the power to kill people -- or worse yet, wants to give the executive the power to kill unconstrained by any sort of legal checks -- is a hypocrite.
So in other words I as a tax
So in other words I as a tax payer must pay my hard earned money to keep a serial killer or child molester alive?
Small government is still government but its going to actually work better then the bloated crime promoting communist state we have now.
The real reason liberals oppose the death penalty is because higher crime causes loss of freedom and liberty. Liberals hate both those things.
Well what do you expect?
Well what do you expect? Evertime in history government controls the economy and our lives we HAVE UNEMPLOYMENT POVERTY AND DISASTER! We never had this problem back when we were still following the libertarian philosophies of the founding fathers. Businesses cant run much less hire if nearly everthing they earn is taken out through taxes and fees, the government always says it knows whats best but does the absolute worst, and our rights are disappearing.
What business does the goveernment have dictating to us how we run our lives? The soviet union did that as did Nazi Germany and now they no longer exist. Worst of all is the cost of human lives whenever government decides it knows better than we do. This isnt just about GOP or Democrat this is about government being intrusive and interfering where it doesnt belong.
This nation was founded in the belief of personal and civil liberties and that it could only be achieved if the scope of government was limited.
What the hell kind of crack
What the hell kind of crack are you smoking?
Exactly what Id ask anyone
Exactly what Id ask anyone who wants to continue with the status quo and let our failed govrnemtn destroy ourlives.
Corrections: -The gov't
Corrections:
-The gov't controlled the economy during both WW's and we had, effectively, 0 unemployment. In fact, the economic prosperity continued unabated for the following 30 years. (The only silver lining to war.)
-Ah, the mythical land of the founding fathers. Where ppl infrequently lived past 55, you could easily consume products with some form of human/animal waste in it, you needed your neighbors to act as police/fire department (so long as you were on good terms), and the majority of the roads you used were well-worn cow paths. Sounds like a much better time. (Although some ppl love living in fields 'close to the land'.)
-The reason a 401k plan works lies in the fact that if you take money out of it (read: corporate profits/dividends) then you're taxed heavily on it. If you don't touch it and keep your money in your 401k working for you (read: hiring ppl, research/development, expansion, logistics; etc) then you're not taxed at all. The key is to RAISE business taxes and prevent off-shoring so that business will use their money to hire ppl and grow. Lower taxes encourage ppl, and businesses, to take capital away from productive activities. (Although the mantra 'lower taxes to hire ppl' is much catchier, even if it's not entirely true.)
-"What business does the goveernment (sic) have dictating to us how we run our lives?" Taxes are well within the purview of an elected and representative gov't.
-The Soviet Union (far left) and the Nazi's (far right - as pro-business Fascism is, by definition, a right-wing ideology) came to differing ends. The Soviet Union collapsed when trying to compete with America in the arms race. Capitalism and a publicly-funded "private sector" is better at war making. And the Nazi's were at war with the world. Neither collapse had anything to do with tax rates or 'big-brother'.
-Bones
-That was also said of
-That was also said of Stalin's Russia. It all came at a cost of freedom and liberty. The only reason Roosevelt wasnt able to carry out the extermination of 100 million people the way Stalin did is because Americans back then were armed (especially because of the war)Educated, religious and moral and no easily lead astray by rhetoric from the state. When the war ended Truman and the leaders new better than to mess with our returning soldiers and immediatly restored most of our liberties. Sadly it was incomplete and we still have a burdensome government. In the fifties, poverty began to increase but began to decline around the sixties but that changed because of LBJ's failed war on poverty and his Great society(more like grate society) That created the problem of illegitimate births and incentives to not work. The economic prospoerity was abated.
-At least back then you didnt have the government robbing peter to pay for paul's drug addiction. Neither did the government have the power to ban you from working for life or confiscate your belongings without compensation or warrants.
-taxing 401ks hurts retirement savings and is burdensome to the middle class. and this other remark is so backwards I almost fell over! RAISING BUSINESS TAXES WILL ENCOURAGE OFFSHORING AND PROMOTE LAYOFFS! The thing you liberals dont seem to get is that most of these corporations your scared of do not have an inexaustable supply of money. Lowering taxes allows breathing room. But the key is getting rid of red tape and easing restrictions and giving them freedom. That way business can easily create jobs and increase productivity without paying up their nose and not have to go through hoops. If your still not conviced just examine the job output levels of the past decade in middle american states and left wing states like California, Maine Vermont Michigan and New York that do things your way.
-again theres more than just taxation its asset theft and forfiture, eminent domain, travel bans, no work lists, death panels, and these taxes the way the system is run is nothing but a form of theft. Taxation these days they grab most of the fruits of your labor away and only a fraction goes where it was supposed to go. Most of it is pocketed by corrupt officials and bureucrats who are under the protection of Union thugs like the SEIU.
-The soviets and nazis though having some cosmetic differences had one thing in common, they opposed the values of libertarian philosophy and judeo christian ethics that make nations powerful free and prospoerous just like what we used to have.
Brian
Thank you for a well
Thank you for a well reasoned post.
It IS all about incentives. If you leave your 401k working then NO TAX (no burden), if you take it out early then HIGH TAX. So most ppl leave it alone.
If there was low taxes against early withdrawal then a lot of ppl would do so and then the gov't would have to rescue them later on. No one wants that.
Lower taxes on business does not provide a disincentive against taking money out of productive activities such as hiring, research, and expansion. Higher taxes would encourage them to leave the money in there business working for them and creating additional investor value. If you're going to be taxed on profits then you have MORE incentive to make those profits as large as possible instead of pulling your money out for a quick buck. As it is now low taxes make it more advantageous for investors to pull their money OUT of a business. It's only counter intuitive, because there's no catchy phrase for it, but it makes sense.
It IS all about incentives.
On another note, the only politician I've ever donated money to has been Ron Paul (twice). I like the IDEA of what he says but Adam Smith's 'free market' is a fallacy. It will never happen so long as there is someone in control of the market (read: the Fed. INC.)
(side note: the United States statistically jails more of it's citizens than any other country in the world. This whole 'land of the free' rhetoric is getting quite tired.)
-Bones
It's not essential to
It's not essential to understanding, but this is based on the old Morning in America campaign ad that was so successful for Reagan. (Amazingly, it actually opens with shots of happy San Francisco!)
-MF
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