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Old 01-16-2014, 08:55 PM   #11
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Default Re: World Economic Forum: Income Gap Poses Biggest Threat to Global Economy

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Originally Posted by tony hipchest View Post
Here in new mexico the Mexicans were already here.

Intact Santa fe was settled 100 years before us crackers arrived in Charleston or Jamestown.

Ask any Spaniard, native american, or Mexican around here and I'm sure they will agree that its the influx of stupid Americans that's the problem.
As a Hispanic I laughingly agree with you. I know too many relatives who desire to 'take this country back'.

Although my previous post had obvious racial implications, it was only for ease of mass translation. Whether it's stupid (or greedy) Asians, Caucasians, Hispanics, African Americans, or other 'minorities', the US is headed for a third world model.

Or, to use less hyperbole, the status quo is clearly going to be less than the fat days of old. Of course, the US has been so far ahead of the worldwide status quo for so long that it was bound to happen.
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Old 01-16-2014, 09:09 PM   #12
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Default Re: World Economic Forum: Income Gap Poses Biggest Threat to Global Economy

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Of course, the US has been so far ahead of the worldwide status quo for so long that it was bound to happen.
Liar! Rome fell because it wasn't sound practice to build an empire in a day. We won't make that mistake!
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Old 01-16-2014, 10:36 PM   #13
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Default Re: World Economic Forum: Income Gap Poses Biggest Threat to Global Economy

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You can start with this guy.

I know huh. He admits he's in the top 1% (or perhaps 10%). But proposes laws that will take money out of his own pockets... if only the GOP would pass "one" of them...
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Old 01-17-2014, 07:30 AM   #14
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Default Re: World Economic Forum: Income Gap Poses Biggest Threat to Global Economy

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I know huh. He admits he's in the top 1% (or perhaps 10%). But proposes laws that will take money out of his own pockets... if only the GOP would pass "one" of them...
The politicians in the GOP won't until it affects them directly. I'll use a recent example:

Democrats are for marriage equality because they believe it is right. Some (definitely not all) Republicans have switched from being against it after one of their friends or relatives comes out of the closet.
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Old 01-22-2014, 03:05 AM   #15
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Default Re: World Economic Forum: Income Gap Poses Biggest Threat to Global Economy

Not to beat a dead donkey (or elephant) but Mach's right, and everyone else is right. None of these bozos represent you, and definitely not whoever happens to be the sitting president at any given moment.
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Old 01-22-2014, 01:43 PM   #16
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Default Re: World Economic Forum: Income Gap Poses Biggest Threat to Global Economy

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Not to beat a dead donkey (or elephant) but Mach's right, and everyone else is right. None of these bozos represent you, and definitely not whoever happens to be the sitting president at any given moment.
huh? WTF are you talking about Ric ? the GOP is doing it's damnedest to help you get out of paying your share of taxes....it's not their fault poor people don't have money to hide in offshore accounts, or they'd be helping them too....

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Republican Party to vote for repeal of U.S. anti-tax dodging law

WASHINGTON (Reuters) - The Republican Party is expected to approve a resolution this week, calling for repeal of an Obama administration law that is designed to crack down on offshore tax dodging.
In what would be the party's first appeal to scrap the law -
the Foreign Account Tax Compliance Act (FATCA) - a panel was slated to vote at the Republican National Committee's (RNC) winter meetings in Washington, likely approving the resolution on Friday, according to party members driving the repeal effort.
If adopted, the anti-FATCA resolution would reflect the party's political priorities for the time being but would not change its presidential campaign platform, according to the RNC.
Approved in 2010 after a tax-avoidance scandal involving a Swiss bank, FATCA requires most foreign banks and investment funds to report to the U.S. Internal Revenue Service information about U.S. customers' accounts worth $50,000 or more.
Criticized by banks, libertarians and some Americans living abroad as a costly and unneeded government overreach, FATCA is on the books, but its effective date has been delayed repeatedly, with enforcement now set to start on July 1.
Repeal seems unlikely, but more political heat from Republicans could further complicate and delay implementation, said financial industry lobbyists.
Moreover, Republicans are eager to use FATCA as a campaign and fundraising issue against Democrats ahead of the congressional mid-term elections in November, RNC members said.
"I see FATCA just like Obamacare," said Solomon Yue, an RNC official from Oregon who is leading the party's FATCA repeal effort. "It will attract American overseas donors."
Defending the law, Treasury Department spokeswoman Erin Donar said in a statement: "FATCA continues to gain momentum and international support as we work with partners around the world to fight offshore tax evasion."
Republican Senator Rand Paul last year introduced legislation to repeal parts of FATCA, citing privacy concerns.
Daniel Mitchell, a senior fellow at the Cato Institute, a libertarian think tank, said: "It's hard to imagine an issue this obscure playing a visible role in elections ... It is making overseas Americans far more sympathetic to (Republicans) and could have an impact on fundraising."
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Old 01-22-2014, 01:59 PM   #17
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Default Re: World Economic Forum: Income Gap Poses Biggest Threat to Global Economy

Closing tax loopholes is just a liberal's way of raising taxes
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Old 01-22-2014, 02:22 PM   #18
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Default Re: World Economic Forum: Income Gap Poses Biggest Threat to Global Economy

i wonder who they pissed off ? i'd say these "gifts" , pale in comparison to the kick backs the others get in DC.
could it be the justice department felt a need to make a sacrifice ? an offering to appease the masses that are sick of being sold out.?

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Former Va. gov, wife indicted for corruption

http://news.yahoo.com/former-va-gov-...092408233.html
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Old 01-22-2014, 06:37 PM   #19
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Default Re: World Economic Forum: Income Gap Poses Biggest Threat to Global Economy

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i wonder who they pissed off ? i'd say these "gifts" , pale in comparison to the kick backs the others get in DC.
could it be the justice department felt a need to make a sacrifice ? an offering to appease the masses that are sick of being sold out.?
Look over here not over there.
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Old 01-24-2014, 12:02 PM   #20
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Default Re: World Economic Forum: Income Gap Poses Biggest Threat to Global Economy

very interesting article-

85 people have as much money as half the world

http://money.msn.com/now/85-people-h...&ocid=Outbrain

Quote:
The combined wealth of the richest equals that owned by 3.5 billion of the poorest, a new report shows.

.The combined wealth of the world's richest 85 people is now equivalent to that owned by half of the world's population -- or 3.5 billion of the poorest people -- according to a new report from Oxfam.


In a report titled "Working for the Few" released Monday, the global aid and development organization detailed the extent of global economic inequality created by the rapidly increasing wealth of the richest, warning of the major risks it poses to "human progress."

According to the report, 210 people have become billionaires in the past year, joining a select group of 1,426 individuals with a combined net worth of $5.4 trillion.

It added that the wealth of the richest one percent of people in the world now amounts to $110 trillion, or 65 times the total wealth of the bottom half of the world's population.
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