Karl Marx Was Right...

bud nugbong

Well-Known Member
You, Buck, are nothing but a "pissing contest instigator". And the moderators of this forum seem to enjoy sucking your little dick to please you. My congratulations...but get a college degree so you won't have to take any more jobs without benefits...
bucks the only one coming out with facts, your the one pissing whatever that means...its hard talking out of your ass isnt it? especially getting called out on it.
 

bud nugbong

Well-Known Member
I do think that too many people are abusing the social programs I will give you that. They should be there but there are far too many people using them when they dont need it.

Also the war on drugs is a major drain on the economy.
 

Harrekin

Well-Known Member
I do think that too many people are abusing the social programs I will give you that. They should be there but there are far too many people using them when they dont need it.

Also the war on drugs is a major drain on the economy.
No I meant too many people are fucking without protection of some sort...that generally results in a population boom ;)
 

beenthere

New Member
Karl Marx knew it. Knew it all too well. He hit the nail on the head way back when he was forming ideas for his version of modern socialism. He said of democracy:

"Democracy is a form of government that cannot long survive,
for as soon as the people learn that they have a voice
in the fiscal policies of the government, they will move to vote
for themselves all the money in the treasury, and bankrupt the nation."

With an annual budget that includes 50% entitlements and government subsidized social programs (i.e. handouts - welfare, medicade, medicare, and soon-to-be government sponsored health care), Karl was right on the money. People in our country vote themselves money from the treasury by voting for political candidates who promise new or escalated social programs if elected. In essence, this is buying votes.

Our national debt is staggering. Over 15 TRILLION dollars at the present time.

Can you imagine how well-received a candidate would be who campaigned on the platform "We must reduce the blood-sucking social programs that have driven us into almost insurmountable debt"? He or she would be tarred-and-feathered. Or ignored.

We are ever so close to the point of no return. China pretty much owns us - I believe they are our major creditors.
Karl Marx was absolutely dead on. The current course the US is on, cannot be sustained. In relative terms, the top 25% of American tax payers pay 85% of all income taxes. It's getting to the point where the government has no alternative but to curtail the out of control spending, or start collecting taxes on most if not all working Americans. Lefties always want to tout that back during the extraordinary post WWII growth in the US, that it was because our extreme high tax rates on the rich. But facts tell otherwise, less that 0.1% of all tax payers paid more than 38%. The real revenue came from the masses, back then just about every American worker paid income taxes, unlike today where nearly half pay zero! http://taxfoundation.org/sites/taxfoundation.org/files/docs/fed_individual_rate_history_nominal&adjusted--20110909.swf

Our country was founded on personal liberty and free enterprise, in fact, that is exactly how the US became to largest and most prosperous country on earth. So we have to ask ourselves, how can the personal liberties of the 25% be denied, to benefit the rest?
 

abandonconflict

Well-Known Member
Karl Marx knew it. Knew it all too well. He hit the nail on the head way back when he was forming ideas for his version of modern socialism. He said of democracy:

"Democracy is a form of government that cannot long survive,
for as soon as the people learn that they have a voice
in the fiscal policies of the government, they will move to vote
for themselves all the money in the treasury, and bankrupt the nation."

With an annual budget that includes 50% entitlements and government subsidized social programs (i.e. handouts - welfare, medicade, medicare, and soon-to-be government sponsored health care), Karl was right on the money. People in our country vote themselves money from the treasury by voting for political candidates who promise new or escalated social programs if elected. In essence, this is buying votes.

Our national debt is staggering. Over 15 TRILLION dollars at the present time.

Can you imagine how well-received a candidate would be who campaigned on the platform "We must reduce the blood-sucking social programs that have driven us into almost insurmountable debt"? He or she would be tarred-and-feathered. Or ignored.

We are ever so close to the point of no return. China pretty much owns us - I believe they are our major creditors.
That's why Karl Marx opposed democracy.
 

beenthere

New Member
lol, china owns us?

partisan hackery detected. trap sprung. tell me how much of our debt china owns. i'll await reply. I, like everyone else took Bonnies claim as a metaphor, even though China is the largest foreign creditor, they're not the only foreign creditor. But the fact is, we owe a third of our entire debt to foreign creditors and that's a larger sum than Germany, Great Briton and China's total economy combined.

remember how those "blood sucking social programs" were around since before WWII? i do. never ballooned the debt on their own. Then you better read up on FDR's new Deal in 1933 and the depression that followed in 1937 and how it prolonged the recovery from great depression by more than 15 years.

what ballooned the debt is when certain people realized, like you said, that they could vote themselves more of the treasury.

who are these certain people? well, to identify them, let's look where the money has gone since the debt started ballooning in the early 80's.

has it gone to the middle class and working poor? certainly not. their incomes have remained stagnant. have we massively ballooned those "blood sucking social programs" called the social safety net? nope, those have been just the same. in fact, welfare has been reformed, COL increases have been reduced, etc.

that leaves one place where the money has gone: straight to the top. it is demonstrable that this has happened, just take a look at the income inequality gap, which has ballooned right along with the debt. You're all over the place Bucky, the OP was not talking about income disparity, it was referring to our national debt. Back to class for you Bucky.
The federal debt is how much the American people owe collectively (federal government) When you change the debate to income disparity, what you fail to realize is, that money is in private circulation which has absolutely nothing to do with our national debt,
absolutely nothing. Even if your charts were relevant to the OP, they're not adjusted for inflation, are they? LOL


the change that corresponds with ballooning debt has absolutely jack and shit to do with social programs, that theory is partisan hackery bologna.

the change that corresponds with ballooning debt is shipping all the money to the top and naively expecting that it will "trickle down". it doesn't.

class dismissed.

Class is just beginning for you my friend, you need to understand that money in private circulation is not used to fund our government Bucky, only the revenues collected in the form of taxes are used for this.

The US government gets 99% of it's money from tax revenue or printing money we do not have, thereby inflating our economy, we all will agree that this is irrefutable.

Like all of us, the only possible way the government (or our family) gets itself into debt, is spending more money than it takes in, again, this is irrefutable.

So with that said, please explain how spending money we do not have on more social programs is not putting us further into debt??????????

In the real world there are only two solutions and only one of them is viable.

Solution #1. Raising taxes: According to the IRS, there are a total of 70million America tax payers. As our annual deficit sits today, every single one of those tax payers would have to pay an EXTRA $21,000 each year just to satisfy the yearly deficit, that's if increased spending stopped today! And before you bleat the same worn out mantra to increase taxes on the "rich" do a little research, you find that the total number of Americans making over $1million annually is only 0.1% of all tax payers. Raising taxes on the rich will only increase federal revenues by $60-$80billion per year, take note that our interest alone is $225billion per year, we'd still be a $145 billion in the hole each year.


Solution #2. Any ideas? LOL


BTW, Bonnie was dead on about one thing, you are well skilled at the name calling game, especially when your arguments fall flat on their ass, but then again, so was my little sister when we were growing up.

Now, do you want an honest debate, or to act like an immature child and resort to name calling?BTW, Bonnie was dead on about one thing, you are well skilled at the name calling game, especially when your arguments fall flat on their ass, but then again, so was my little sister when we were growing up.

Now, do you want an honest debate, or to act like an immature child and resort to name calling?
I thought you wanted an honest debate Bucky!
 

ASCIIGHOST

Well-Known Member
lol, china owns us?

partisan hackery detected. trap sprung. tell me how much of our debt china owns. i'll await reply.........

class dismissed.
Foreign governments hold about 46 percent of all U.S. debt held by the public, more than $4.5 trillion. The largest foreign holder of U.S. debt is China, which owns more about $1.2 trillion in bills, notes and bonds, according to the Treasury.

In total, China owns about 8 percent of publicly held U.S. debt. Of all the holders of U.S. debt China is the third-largest, behind only the Social Security Trust Fund's holdings of nearly $3 trillion and the Federal Reserve's nearly $2 trillion holdings in Treasury investments, purchased as part of its quantitative easing program to boost the economy.

http://usgovinfo.about.com/od/moneymatters/ss/How-Much-US-Debt-Does-China-Own.htm

class dismissed, indeed. knowledge power.
 

schuylaar

Well-Known Member
Karl Marx knew it. Knew it all too well. He hit the nail on the head way back when he was forming ideas for his version of modern socialism. He said of democracy:

"Democracy is a form of government that cannot long survive,
for as soon as the people learn that they have a voice
in the fiscal policies of the government, they will move to vote
for themselves all the money in the treasury, and bankrupt the nation."

With an annual budget that includes 50% entitlements and government subsidized social programs (i.e. handouts - welfare, medicade, medicare, and soon-to-be government sponsored health care), Karl was right on the money. People in our country vote themselves money from the treasury by voting for political candidates who promise new or escalated social programs if elected. In essence, this is buying votes.

Our national debt is staggering. Over 15 TRILLION dollars at the present time.

Can you imagine how well-received a candidate would be who campaigned on the platform "We must reduce the blood-sucking social programs that have driven us into almost insurmountable debt"? He or she would be tarred-and-feathered. Or ignored.

We are ever so close to the point of no return. China pretty much owns us - I believe they are our major creditors.
In a perfect society, all people pay taxes owed rather than buy their own special laws..therefore, Marx had it half correct.

Asshat:finger:
 

Harrekin

Well-Known Member
Foreign governments hold about 46 percent of all U.S. debt held by the public, more than $4.5 trillion. The largest foreign holder of U.S. debt is China, which owns more about $1.2 trillion in bills, notes and bonds, according to the Treasury.

In total, China owns about 8 percent of publicly held U.S. debt. Of all the holders of U.S. debt China is the third-largest, behind only the Social Security Trust Fund's holdings of nearly $3 trillion and the Federal Reserve's nearly $2 trillion holdings in Treasury investments, purchased as part of its quantitative easing program to boost the economy.

http://usgovinfo.about.com/od/moneymatters/ss/How-Much-US-Debt-Does-China-Own.htm

class dismissed, indeed. knowledge power.
Wow, 3 year necro...
 
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