Death Of Capitalism

Discussion in 'Economics' started by EMRGLOBAL, Feb 11, 2008.

  1. Just more of the same.....This is terrible for the US...

    http://online.wsj.com/article/SB120293191523966077.html?mod=hpp_us_whats_news

    The government is going to send you tax forms already completed..etc...etc...what a nightmare...

    This guy is just another lawyer with a gift of gab with some paid time on TV....

    This is one million times worse than BUSH.....and BUSH was ????

    The US can now welcome McCain....
     
    #41     Feb 14, 2008
  2. After dubya no reasonable person would vote republican... but then again, most people are not reasonable.
     
    #42     Feb 14, 2008
  3. "Fuck this country"

    ???

    Get out. Your tax rate is determined by an elected government and unlike Cuba you can get on a boat or airplane and leave if you don't like it.

    With even higher tax rates than we have now the economy became the largest in the world and accounts for almost a third of global gdp. Your capital won't be missed. We attract more FDI here than any other country in the world. Capital loves the U.S.

    The banks did a bad job of determining risk and are re-writing contracts because they would rather do that than end up with a a bunch of real estate. When both parties to a contract agree to change the contract we allow that here.

    With baby boomers retiring your taxes are going nowhere but up so their medical bills get paid. Ditto for the entire western world and China.

    Everyone wishes they could pay less tax (myself included) but it is unlikely in the future. Don't let the anger kill you. The internet infrastructure you are using to vent was (over)paid for by sheeple that stupidly bought tech stocks with little or no earnings.

    Take advantage of manias and mistakes of others. Make money. Pay the tax. Live better than they do.
     
    #43     Feb 14, 2008
  4. The US was well on it's way to being an economic powerhouse BEFORE there were any income taxes. The economy has continued to grow despite taxes, NOT because of them.
    The internet already existed before the tech bubble. That statement is incorrect.
     
    #44     Feb 14, 2008
  5. his statement is not 100% off... because of the .com bubble many companies [like JDSU] overestimated the demand for broadband in the US and established huge fiber optic networks. This lead to an excessive infraestructure in the US following the tech bubble.


    Eventhough internet existed since the 70's... chances are much of the info that you send and receive goes throught infraestructure that was developed thanks to the .com bubble.
     
    #45     Feb 14, 2008
  6. Well if you want to get technical, the statement is still false because people buying tech stocks (outside of IPOs) were not paying for the internet, they were simply buying an overvalued asset. :)
     
    #46     Feb 14, 2008
  7. It don’t mater who is voting and how, but mater who is counting the votes.
     
    #47     Feb 14, 2008
  8. #48     Feb 14, 2008
  9. LOL, reading half the nitwitz on this blog kills me.

    However, there are a few of you who get the idea.

    Fuck the Sheeople. Thats right, fuck all you average Joes living beyond your means, while the "Banks" are now going to pass your fuking credit problems on to the "Rest of US"

    Yes, FUCK THIS COUNTRY. This is not the Country that was founded on Principles of Democracy and Capitalism.

    Fuck This Country because most of you "Lemmings" are the reason its going towards Socialism. Just read the shit that you post. As if "YOUR OWD" something.

    The internet was not PAID FOR BY "TECH BUBLE. What an ASS a NINE STATEMENT.

    I PAID FOR THE INTERNET WHILE IT WAS BEING FUNDED BY TAX DOLLARS AT THE MILITARY LEVEL IDIOT!

    As did all of you who pay taxes. WE PAID FOR THIS INTERNET before the TECH BUBLE.

    I still pay for the service as it cost me to have the SERVICE! Which, I do not mind, because its worth paying for.

    I do not feel I should pay for LAZY FUCKS who do nothing, I SHOULD NOT HAVE TO PAY FOR "JOE AND SALLY I WANA ROLL LIKE BEVERLY HILLS" when they get into debt. WHY SHOULD I PAY?

    Why should I pay, tax upon tax upon tax upon tax upon Tax, then have to pay more taxes on "BIG TICKET ITEMS", then Pay more taxs when i SIN.

    I don't mind paying Fed Tax, but come on, make it a flat tax. 15% of a Million is more than 15% of 30k.
    Flat Tax is fair, progressive taxation is not!

    I am a dying breed. An intellectual breed who was taught based on the "GREAT BOOKS" of the Western World, educated by those who believe in "CAPITALISM", Democracy and the right to have the change to chase dreams.

    NOBODY SAID THAT YOUR DREAM WOULD COME TRUE OR THAT "YOU DESERVE YOUR DREAMS" because the guy down the street made his MILLLIONS and you did not.

    Capitalism does not Guarantee "WEALTH"!
    And even if you work hard, Capitalism does not guarantee you will make it.

    CAPITALISM is "CHANCE". The Socialist want you to believe that Capitalism is Racist, unfair, and that "ROBYN HOOD" in his nice green tights is JUST and FAIR!

    ROB FROM THOSE GREEDY RICH BASTERS AND GIVE TO THE POOR.

    BEING POOR IS NOBLE, IT IS JUST! It gives all you fucking bleeding heart socialist a cause to fight for!
    It gives those Guilty Rich Idiots a good feeling scolding the wealthy and the very principles that made them "RICH", (LIKE THE IDIOT SOROS). Yet, fight for the poor its a more noble cause.

    That is all bullshit. Those who by into such logic are not only uneducated in the true sense of education but they are weak minded.

    So, I don't have to leave this FUCKED UP COUNTRY. I can cut my own little kingdom out of some far way Development, build my own castle and watch the fools from my tower. I have the means to the end.

    And as sad as it is to say, it is to late to Save the principles of Capitalism and Democracy. Both Political parties have failed. Its time to acquire the means to be able to fend off the "hounds" when the gates go up.


    Much like the Decline and Fall of the Roman Empire, such a fate is not short lived. We are in the erra of Decline which could last for decades.

    This is just reality. Some can handle the truth and others can not.

    You can take the Red Pill or the Blue Pill. 90% of the sheeple have taken a shit load of BLUE PILLS.

    I took one Red Pill. And boy do I feel goooooood:D
     
    #49     Feb 14, 2008
  10. The decline of an empire can be a slow process like an old man aging... or it can be like bridge... it looks ok, until one day someone puts a little too much weight on it... and it goes down on an instant.


    are those red pills the ones that make you see smurfs in the dancefloor?? : /
     
    #50     Feb 15, 2008