Greece Riots!

[Nocte]

Myth that was in a total war state, the wars we are fighting now aren't anything like World War II. Hell the soldiers come home and wonder why the fuck we are over there. The wars we fight now, stimulate nothing, but politician's and corporations who produce war materials pockets.

@Funk As for the Greece riots, nah I mean this said riot is new. However I knew Greece's economy was in the shitter.

Back @ Myth. Politicians whether Conservative or Liberal still find a way to fuck everything up. Republicans had their chance under Bush and nothing got done expect for wars and this countries debt rising to over a fuck ton....

Obama can't do a damn thing right now because those bastards we call a Congress all vote partisan instead of trying to fix this country.

Myth I can tell your a Republican though, because of how you said Obama's plan and then the Republicans plan.

Lessening gun control is fucking stupid. We need to update the Bill of Rights. (Reason why we can create New Amendments) The 2nd Amendment needs to include legitimate testing and no one who was a past criminal or who is deemed mentally insane should be able to own a gun and those tests have to occur every year.

[RENGADE 0F FUNK]

The riots were going on for months now as well man.

[Spartanbh]

1. Put Jew in Office
2. Economy jumps up
3. ???
4. Everyone is happy and has money

[Blackhawk570]

1. Put Jew in Office
2. Economy jumps up
3. ???
4. Everyone is happy and has money

LOL

[Nocte]

1. Put Jew in Office
2. Economy jumps up
3. ???
4. Everyone is happy and has money

QFT!

[UNLUCKY NUM13ER]

^ Myth you never stop amazing me lol.

[Mythonian]

Myth that was in a total war state, the wars we are fighting now aren't anything like World War II. Hell the soldiers come home and wonder why the fuck we are over there. The wars we fight now, stimulate nothing, but politician's and corporations who produce war materials pockets.

@Funk As for the Greece riots, nah I mean this said riot is new. However I knew Greece's economy was in the shitter.

Back @ Myth. Politicians whether Conservative or Liberal still find a way to fuck everything up. Republicans had their chance under Bush and nothing got done expect for wars and this countries debt rising to over a fuck ton....

Obama can't do a damn thing right now because those bastards we call a Congress all vote partisan instead of trying to fix this country.

Myth I can tell your a Republican though, because of how you said Obama's plan and then the Republicans plan.

Lessening gun control is fucking stupid. We need to update the Bill of Rights. (Reason why we can create New Amendments) The 2nd Amendment needs to include legitimate testing and no one who was a past criminal or who is deemed mentally insane should be able to own a gun and those tests have to occur every year.

1. I never intended to imply these pseuo-wars in the middle east. I don't even consider it a "war" at all, just glorified "peacekeeping" mixed with feeble attempts to hold a share in oil reserves. The only economic relation they have is causing the middle east governments to hate us and charge us more for oil. The real "cost" in money is minimal. The military would cost the exact same if all the troops were back home.

2. Indeed. I agree that politicians screw things up. Which is why I don't usually vote for full-fledged politicians. I heavily prefer people with either business or military backgrounds. For example, Herman Cain was a prominent businessman who had turned corporations around and made significant profits, and I felt that he would be capable for doing it to the whole country as well.

However, I am not a Republican by heart. I am rather conservative in most areas, but I hate Republican politicians about as much as I hate Democratic or third-party politicians.

3. "Obama can't do a damn thing right"... lol. 100% of every single thing that he has proposed to Congress has been stupid, and I thank Congress for not passing each and every one. Obama is more a politician than anyone else I've seen in office this millennium, and he hasn't proposed a single thing which would help this economy or the country.

His failure has nothing to do with Congress's voting patterns. Please give me an instance where something he proposed would have been "good" and was stopped by Congress, because every single thing I've seen him do was propose plans which would only increase our debt, raise taxes, promote class warfare, or lead toward socialism. Please, give me an exception.

I hate Obama because he is a stupid politician who is screwing up this country, not because he is democratic. His liberalism I somewhat oppose, but I try not to lead into social issues much.

4. Any full-fledged "criminal" or whatever wouldn't care if they have a "permit" or not. In fact, if I remember correctly, the majority of all gun-related crimes are committed by people who have a gun, but never have a valid permit or anything, so passing laws would prevent effectively nothing, and would only prevent people from having guns in self-defense.

Also, I'm pretty such that there are conditions which make you ineligible for weapon permits, including insanity. As I said earlier, I don't care a whole lot for social issues, and I consider this a social issue, sort of, so I never really looked into it.

^ Myth you never stop amazing me lol.

[Silko]

Agree completely with you Myth on the gun issue. Congress how ever I do feel that most of them are completely out of base with what the voters want.

Conservatives:

1. Reduce entitlements (free health-care, and other stuff that we don't need)
2. Find tax equilibrium (Economic classes touch on the subject, but basically, more taxes does not mean more revenue)
3. Promote business by reducing corporate taxes (which creates jobs, by the way)
4. Lessen gun laws (how can you complain about that?)
5. Profit.

I feel that several members of the Republican party have forgotten these issues (The real republican ideals) and they are just going for knee jerk reactions by saying "I'm a true Christan and I believe in God and if you don't listen to me your going to hell" and other stupid things like that. Media has however NOT helped with this issue. When it comes to social issues I often disagree with republicans simple because let people do what they want as long as it follows law (Ex: Gay marriage, abortion etc) I am not a Democrat. I am a liberal moderate. I do have some conservative beliefs but if you had to put it on a graph call me a liberal moderate. I do believe that the Bush Tax cuts are fucken stupid. I feel that people Romney are paying in the same tax brackets as people who live off min wage is wrong. I feel we need to both budget cuts and increase taxes. We should have followed Keynesian economics like we were before we started going to supply side economics. That in my opinion fucked us. We can't have this half and half system its killing us

[Mythonian]

I feel that several members of the Republican party have forgotten these issues (The real republican ideals) and they are just going for knee jerk reactions by saying "I'm a true Christan and I believe in God and if you don't listen to me your going to hell" and other stupid things like that. Media has however NOT helped with this issue. When it comes to social issues I often disagree with republicans simple because let people do what they want as long as it follows law (Ex: Gay marriage, abortion etc) I am not a Democrat. I am a liberal moderate. I do have some conservative beliefs but if you had to put it on a graph call me a liberal moderate. I do believe that the Bush Tax cuts are fucken stupid. I feel that people Romney are paying in the same tax brackets as people who live off min wage is wrong. I feel we need to both budget cuts and increase taxes. We should have followed Keynesian economics like we were before we started going to supply side economics. That in my opinion fucked us. We can't have this half and half system its killing us

Well, the reason so many Republicans have strayed from their party ideals (and the same for Democrats) is because it increases their likelihood of getting elected. That is all a politician cares about, so I'm not at all surprised to see it, and it's been happening for awhile.

However, I disagree with you on Bush's tax policy. A lesser-known fact: Bush actually had the highest tax revenue in history. Even with all of his tax cuts and everything, he brought in more revenue to the government than any other president has in history. (and that is all adjusted for inflation, too).

[begin economics/taxes rant]

The reason his tax system was effective was because taxes and revenue are not proportional. Increasing taxes does NOT always give you more revenue.

It is actually a parabolic curve, and has a peak where you get the highest revenue. After that, increasing tax rates actually decreases how much revenue you get. Here is how it looks:



(NOTE: the midpoint of the tax rate is not equal to 50% in most situations, especially real-life).


I'll give an example: Iceland during the 1990s and 2000s.

Iceland had a corporate tax rate of 45%.

They decided to phase in cuts in that until it got to the current rate of 18%.

That's a HUGE decrease, isn't it?

In the process, though, their revenue from corporate income taxation more than doubled.

Many government officials there still think the equilibrium is even lower, and a proposal to reduce it to 10% is under consideration.


But why did reducing taxes from 45% to 18% double their revenue? Well, because they were well past the equilibrium.


Now how does Bush relate to this? Well, he, after looking at historical data, decided that reducing taxes would yield more revenue, and he was right. Because of that, he had the highest revenue in history.


A lot of people think he was stupid and such, but he had brilliant advisers and had some economic policies which were excellent, including many of his "tax breaks".




And now, a bit about our own tax system:

Our corporate income tax is a progression tax system. Here are the details (courtesy of Wikipedia):

$0 to $50,000	15%
$50,000 to $75,000	$7,500 + 25% Of the amount over 50,000
$75,000 to $100,000	$13,750 + 34% Of the amount over 75,000
$100,000 to $335,000	$22,250 + 39% Of the amount over 100,000
$335,000 to $10,000,000	$113,900 + 34% Of the amount over 335,000
$10,000,000 to $15,000,000	$3,400,000 + 35% Of the amount over 10,000,000
$15,000,000 to $18,333,333	$5,150,000 + 38% Of the amount over 15,000,000
$18,333,333 and up	35%

It varies from 15% to 39% (plus a fixed value). It is a marginal tax system as well.

Now compare that to Iceland's corporate tax rate.

What do you think would happen if we reduced the corporate tax rates a bit? Well, it wouldn't double our income, but some economists predict that if it's adjusted appropriately, it could yield up to a 25% increase in revenue from corporate income taxation.


And I'm not even going to go into the rest of our tax system... But just realize that increasing taxes does NOT mean more revenue. For most cases, decreasing taxes would be the best bet.

[end economic-focused rant]
[begin relating rant to politicians]

Well, why don't they change it? Don't they realize that it would single-handedly allow for a balanced budget and for us to begin fixing our national debt?

Well, they have people telling them this. They have economists on staff which will say so instantly. So why don't they?

Well, it's because of the first statement I said in this post: they only want to be reelected.

If someone came and suddenly sliced taxes in half, the other party would be crying that they reduced taxes on the rich and that they are putting the burden on the poor (by the way, that is completely false; the rich already pay the majority of taxes to the government).

So, every blue moon someone actually adjusts the tax system a bit, and in Bush's case it helped. However, Obama is too focused on getting reelected (every speech he's gave since the State of the Union address was 100% a campaigning speech, and he never proposed real solutions to problems), so he is trying to raise taxes on the rich, raise capital gains taxes from 15% to 44.6%, and adjust numerous other taxes.

Basically, he is raising taxes so that:

• Investing is less profitable.
• Corporations don't want to employ people in America.
• Rich people want to move to another country.
• The government makes even less revenue than it does now
• The national debt increases even more

Can someone tell me how that is a good idea?


I'll just leave with this...

[Nocte]

I will agree that raising taxes creates less revenue, because that means that people will spend less. They have less money, and I will agree that Obama is just another politician turning our election process into another gameshow. But hey all of the front running Republicans are doing it too, so it must be cool! (*facepalm*)

Sure the man had a lot of revenue, but under him our debt was raised to a fuckton. Yay deficit spending!

Well I agree Obama isn't doing much, I do like what he wants to do. I'll leave it at that because I can't find any proper news story, and I'm doing homework.

As for taxes, the reason why taxes are raised on the rich is because taxes are based on what you make. If the rich had the same tax rate as the middle or lower class, they wouldn't pay there fair share out of what they make. Simply because they can put money in off shore bank accounts.

Trickle-Down economics doesn't work anymore, because; 1. We don't have as many jobs in the U.S. funded by massive corporations. 2. The rich just want to get richer.

Don't get me wrong, trickle down economic is a great economic policy, but it doesn't work anymore and it hasn't for awhile.

Now on to Socialism.

Mythonian from past posts I can tell you really don't like socialism, and I have to ask why? I feel that creating a social-capitalist economy for this country would be a good thing. Lets face it, this country isn't about the "hard working American" anymore. The technology is here, and we need to focus on making all of our children smart not just a few. The only thing is that the people have to step up and start regulating the government like they are suppose to in this country.

We also need to get rid of the electoral college. It's a crock of shit and is another thing that takes away from the democracy we are suppose to have.