Ban Corporate Profits?

[Lefty]

Watch as these Dims at Convention agree that banning corporate profits would be a good thing:

http://www.conservativevideos.com/2012/09/democrats-lets-ban-profits/

[Saratoga_Mike]

That's quite amazing actually.

[PaceAdvantage]

That's the same Peter Schiff who was the perpetual bear prior to the 2008 meltdown, where he was eventually proven right, correct?

I like this guy, although it's tough to give him credit for his prediction, since if you followed him from the beginning, you probably would have been broke before the eventual crash hit...

[Tom]

What was scary is all the idiots interviewed who thought it was a good idea.
Jay Leno interviews smarter people on the street!

Really scary that we have people who are allowed to vote and breed that are this utterly stupid. We need to tighten up the breed a tad.

[Saratoga_Mike]

That's the same Peter Schiff who was the perpetual bear prior to the 2008 meltdown, where he was eventually proven right, correct?

I like this guy, although it's tough to give him credit for his prediction, since if you followed him from the beginning, you probably would have been broke before the eventual crash hit...

Yes, I think he ran for Senate in CT, too, but didn't make it past the primary.

[PaceAdvantage]

I may be wrong, but a lot of the people Schiff interviewed are of the same mindset as our own mostpost. While mostpost probably wouldn't be in favor of banning profit altogether, the faux sentiments expressed by Schiff are things mostpost has said in the past, in one way or another.

[Saratoga_Mike]

What was scary is all the idiots interviewed who thought it was a good idea.
Jay Leno interviews smarter people on the street!

Really scary that we have people who are allowed to vote and breed that are this utterly stupid. We need to tighten up the breed a tad.

Agreed. I'd like to know from the liberals on the board if they too would support a ban OR limitation on corporate profits? I guess we'll have the latter with ObamaCare and insurance companies.

[Valuist]

That's the same Peter Schiff who was the perpetual bear prior to the 2008 meltdown, where he was eventually proven right, correct?

I like this guy, although it's tough to give him credit for his prediction, since if you followed him from the beginning, you probably would have been broke before the eventual crash hit...

There's a You Tube video out from 2004 or so and Schiff is calling for a major meltdown in housing and several CNBC contributions almost laughed him off the set. Guys like Schiff and Fleckenstein tend to be early, but they've been right more than others.

[PaceAdvantage]

There's a You Tube video out from 2004 or so and Schiff is calling for a major meltdown in housing and several CNBC contributions almost laughed him off the set. Guys like Schiff and Fleckenstein tend to be early, but they've been right more than others.Everyone is right eventually...

[fast4522]

This country would be far better off by letting the Mexican's who came here to work stay and, deporting all socialist / Marxist low life's. It seems to me one knows the value of the dollar they worked hard for and the other expects value from others hard work so they can print more money we do not have.

[Native Texan III]

I may be wrong, but a lot of the people Schiff interviewed are of the same mindset as our own mostpost. While mostpost probably wouldn't be in favor of banning profit altogether, the faux sentiments expressed by Schiff are things mostpost has said in the past, in one way or another.

Many of the people interviewed actually said they would prefer a cap.
The interviewer was asking the leading question to ban profits.
If he had asked a smarter question on should profits be used more effectively to grow the economy you would probably have got the same agreement.

[PaceAdvantage]

Many of the people interviewed actually said they would prefer a cap.
The interviewer was asking the leading question to ban profits.
If he had asked a smarter question on should profits be used more effectively to grow the economy you would probably have got the same agreement.So what you're saying is, the subjects being interviewed were too ignorant to understand the simple question being asked? They're just parrots?

I can believe that, I guess...after all, it is a Democratic convention... :lol:

[Hoofhearted]

Many of the people interviewed actually said they would prefer a cap.
The interviewer was asking the leading question to ban profits.

Indeed !
And I question how many more people he interviewed without getting the answer he wanted, and how many interviews were left on the cutting room floor. There has been a mighty amount of editing done on this, I would wager.

It's sloppy biased reporting undeserving of the name Journalism.

[Saratoga_Mike]

Indeed !
And I question how many more people he interviewed without getting the answer he wanted, and how many interviews were left on the cutting room floor. There has been a mighty amount of editing done on this, I would wager.

It's sloppy biased reporting undeserving of the name Journalism.

If you polled all the attendees at the DNC, my bet is 50%+ would support banning corporate profits. But go ahead and live in denial.

[PaceAdvantage]

Indeed !
And I question how many more people he interviewed without getting the answer he wanted, and how many interviews were left on the cutting room floor. There has been a mighty amount of editing done on this, I would wager.

It's sloppy biased reporting undeserving of the name Journalism.Who said it was journalism? It's a guy pretending to be something he isn't, asking questions of those who are clearly ignorant.

Getting just ONE person to admit to wanting such a thing would be pretty special. To get as MANY as he did is telling. Who cares how many were left out? Just the fact that THAT many were able to be LEFT IN is sad.

But maybe all those answering the question were simply Republican plants. One can't ever discount that theory... :lol:

[NJ Stinks]

Agreed. I'd like to know from the liberals on the board if they too would support a ban OR limitation on corporate profits? I guess we'll have the latter with ObamaCare and insurance companies.

No.

It was a ridiculous tape where the interviewer got what he wanted from some people. So what? Who cares? Not me - that's for sure.

Besides, you guys know I prefer to tax the sh_t out of corporate profits! :lol:

[PaceAdvantage]

No.

It was a ridiculous tape where the interviewer got what he wanted from some people. So what? Who cares? Not me - that's for sure.

Besides, you guys know I prefer to tax the sh_t out of corporate profits! :lol:Are you another one saying these people being interviewed were too dumb or too bamboozled to know what they were saying?

And for the record, your last statement is basically equivalent to the answers of the dumb and bamboozled in the Schiff piece.

[lsbets]

Besides, you guys know I prefer to tax the sh_t out of corporate profits! :lol:

That literally made me lol. :ThmbUp:

[Lefty]

Stinky, you better care. These are Convention Dims. They vote for sure and they are so ignorant of economics that they think banning profits is a good idea.
It scares the feces out of me.

[TJDave]

That's the same Peter Schiff who was the perpetual bear prior to the 2008 meltdown, where he was eventually proven right, correct?

I like this guy, although it's tough to give him credit for his prediction, since if you followed him from the beginning, you probably would have been broke before the eventual crash hit...

Didn't Peter's daddy have some interesting thoughts as well?

Where is daddy, BTW?

[PaceAdvantage]

Apparently, at the age of 84, he is in Federal Prison on tax crimes. He's one of those guys who went around claiming the IRS had no right to collect income taxes...

[NJ Stinks]

Are you another one saying these people being interviewed were too dumb or too bamboozled to know what they were saying?

And for the record, your last statement is basically equivalent to the answers of the dumb and bamboozled in the Schiff piece.

I'm saying no one has to pass a test to get into the convention.

As for your second sentence, lighten up. I was just kidding.

And Lefty, I do understand your concern.

[Lefty]

stinky, if you were kidding, i'm pretty sure you were kidding on "the square"

[thaskalos]

Who said it was journalism?
But maybe all those answering the question were simply Republican plants. One can't ever discount that theory... :lol:

This is the only comment of yours in this entire thread that I am close to agreeing with...

[PaceAdvantage]

This is the only comment of yours in this entire thread that I am close to agreeing with...Fascinating.

So you don't like Peter Schiff? :lol:

[badcompany]

Many of the people interviewed actually said they would prefer a cap.
The interviewer was asking the leading question to ban profits.
If he had asked a smarter question on should profits be used more effectively to grow the economy you would probably have got the same agreement.

Pray tell, who would make this determination on how the profits would be used?

[Actor]

Watch as these Dims at Convention agree that banning corporate profits would be a good thing:

http://www.conservativevideos.com/2012/09/democrats-lets-ban-profits/The link is to a religious site so it's obviously a put-on. The respondents had to be actors.

[Lefty]

Yeah, right, right. Looked real to me. Hey, look at my other thread that features Jon Stewart videos. Those were actors too? Face it Actor, the dims don't know excrement about economics or tolerance.

[badcompany]

The link is to a religious site so it's obviously a put-on. The respondents had to be actors.

I've found the anti-profit sentiment pretty pervasive on the left.

Unfortunately, most don't realize the implications of practices like price caps and wage caps viz. that they invariably lead to shortages as the price system is replaced by a first-come/first-serve system, in which everyone spends the day waiting on line instead of being a productive person.

With regard to wage caps, you invariably end up with a shortage of applicants for the highest level positions, as the potential candidates can make just as much from a less demanding job.

[Tom]

Libs like to feel good - they know nothing about the real world.

[porchy44]

With the influence of corporate lobbyists. Limiting profits on corporations
could never actually happen.

[thaskalos]

Libs like to feel good - they know nothing about the real world.

Yes...whereas the conservatives -- since they know all there is to know about the 'real world' -- would much rather feel bad.

[Valuist]

Everyone is right eventually...

Not true. Fleck started railing on tech companies in 1999. Dot.com crash started in March of 2000. As for Peter Schiff, his statements back in 2004 were all spot on. The others who laughed at his suggestions have looked like fools for several years now.

[Tom]

No, conservatives understand fiscal responsibility and personal responsibility. The know you have to take responsibility for yourself and earn what you get. Liberal think everyone needs to be saved and are willing to spend all of someone else's money to make it happen.

Republicans understand lining their own pockets. Generally, a repub doesn't mean anyone else harm, they just don't generally think about anyone else.

Democrat leaders understand the the same thing - at the top, there is no different between dems and repubs other than the strategies for fleecing us and getting themselves well.

[thaskalos]

These labels ("conservative" and "liberal") are not as well-defined as you make them seem, Tom...IMO.

I am a liberal by definition...and yet, I still find plenty to disagree with when I talk with other liberals.

Do you find yourself in agreement with the political views of other conservatives?

When we slap labels on things...we think we know about them -- but we really don't.

[PaceAdvantage]

These labels ("conservative" and "liberal") are not as well-defined as you make them seem, Tom...IMO.

I am a liberal by definition...and yet, I still find plenty to disagree with when I talk with other liberals.

Do you find yourself in agreement with the political views of other conservatives?

When we slap labels on things...we think we know about them -- but we really don't.Didn't you read what he just wrote?

"there is no different between dems and repubs other than the strategies for fleecing us and getting themselves well."

Doesn't sound like he's in full lock step with Republicans now, does he? He's an equal-opportunity basher...and that's why we love him... :lol:

[thaskalos]

Didn't you read what he just wrote?

"there is no different between dems and repubs other than the strategies for fleecing us and getting themselves well."

Doesn't sound like he's in full lock step with Republicans now, does he? He's an equal-opportunity basher...and that's why we love him... :lol:

I read what he wrote...and no, I don't think that he is an "equal-opportunity basher".

If YOU do...than I suggest that YOU start reading a little more carefully...:)

[PaceAdvantage]

I read what he wrote...and no, I don't think that he is an "equal-opportunity basher".

If YOU do...than I suggest that YOU start reading a little more carefully...:)AS equal as it comes around here though. Most are locked into their own little corner of the political spectrum, and most NEVER criticize their own...

[thaskalos]

AS equal as it comes around here though. Most are locked into their own little corner of the political spectrum, and most NEVER criticize their own...

PA...if you don't mind me saying so...I am a little confused with a recent statement you made to Dahoss.

Do you actually think that there as many "liberals" as "conservatives" on this board?

I read where you said that the venom being spewed here is "equal" from both sides...

Are you and I reading different boards?

[Tom]

Thask,I'm using the recent DNC convention as my point of reference.
IF you agree with them, then I rest my case.
If note, Romney will appreciate your vote.

The election comes down to do you want to rebuild America or tear it down.

I do not support republican, but I have to use them as a host for the conservative wing. It's like being stranded on a desert island and having only coconuts to eat, and hating coconuts.

[PaceAdvantage]

PA...if you don't mind me saying so...I am a little confused with a recent statement you made to Dahoss.

Do you actually think that there as many "liberals" as "conservatives" on this board?

I read where you said that the venom being spewed here is "equal" from both sides...

Are you and I reading different boards?I feel as though I am explaining myself way too much lately. Must be my ineffective communication style.

No, I don't think there are as many liberals as conservatives.

However, I do think that both sides spew venom equally, meaning, they both do it, and do it often. This was especially the case when Bush was President. Now the conservatives are making up for those eight years with their own brand of venom.

I'm glad you have given me this time to clarify my thoughts. :ThmbUp:

[ElKabong]

This was especially the case when Bush was President. Now the conservatives are making up for those eight years with their own brand of venom.


Remember the old board during the Bush-Gore campaign? There wasn't anywhere near the venom then as there is now.

SoCalFan used to debate for Gore with a lot of energy, but I don't recall a negative exchange from her and anyone Conservative on this board. Not one.

In fact, the only semi heated conversation she had here was with mostpost (him telling her she's not a liberal / democrat / etc). That's the only poster I know of that got under her skin.

Some years after that 2000 election it got very ugly. We had new members that were hateful from the get-go (not all of course....NJ Stinks and Fran Dan aren't that way imo), and the tone here changed greatly.

[thaskalos]

Thask,I'm using the recent DNC convention as my point of reference.
IF you agree with them, then I rest my case.
If note, Romney will appreciate your vote.

The election comes down to do you want to rebuild America or tear it down.

IMO...this election comes down to these two things:

Do we really think that what we have here is an actual "Democracy", where the people have a say in what their government does...and where the elected officials actully CARE for their "country", and the people they are supposed to represent? If we actually believe these things...then I agree with you. A vote for Romney is a vote for "progress".

But I don't share these beliefs...

I am sad to say that I have lost faith and trust in "government"...having realized that they don't care AT ALL for those that they are supposed to represent...choosing instead to work at enriching THEMSELVES -- and the special interests that they are really loyal to.

And I couldn't care less who wins this election...because I am sure that we'll get more of the same, either way.

IMO...there is a much bigger "chess game" taking place here -- and in the world in general -- and the citizens are only the pawns.

[thaskalos]

I do not support republican, but I have to use them as a host for the conservative wing. It's like being stranded on a desert island and having only coconuts to eat, and hating coconuts.

I didn't see this comment before...:ThmbUp:

[PaceAdvantage]

And I couldn't care less who wins this election...because I am sure that we'll get more of the same, either way.

IMO...there is a much bigger "chess game" taking place here -- and in the world in general -- and the citizens are only the pawns.During the last decade or so, my thinking has gravitated more towards what you just wrote above more than you might realize.

I just said to someone the other day that it really doesn't matter much who wins in November. Obama himself proved this point remarkably with his actions (or non actions as the case may be) since he was elected; especially when compared to his campaign rhetoric.

Money talks, and always will. And if anyone thinks the Democratic party isn't as equally beholden to the money, then you're just fooling yourself. That's one of the reasons why I believe racism will never be eradicated in this country. It's too big of a revenue source for the Democrats.

It's also why I believe that if a cure for cancer existed, it would never see the light of day. Too big a revenue source for the medical industry. The same reason why if someone were to discover how to effectively run an automobile on water, Big Oil would see to it that this never came to pass.

I'm a huge cynic.

[thaskalos]

During the last decade or so, my thinking has gravitated more towards what you just wrote above more than you might realize.

I just said to someone the other day that it really doesn't matter much who wins in November. Obama himself proved this point remarkably with his actions (or non actions as the case may be) since he was elected; especially when compared to his campaign rhetoric.

Money talks, and always will. And if anyone thinks the Democratic party isn't as equally beholden to the money, then you're just fooling yourself. That's one of the reasons why I believe racism will never be eradicated in this country. It's too big of a revenue source for the Democrats.

It's also why I believe that if a cure for cancer existed, it would never see the light of day. Too big a revenue source for the medical industry. The same reason why if someone were to discover how to effectively run an automobile on water, Big Oil would see to it that this never came to pass.

I'm a huge cynic.

Couldn't agree more! :ThmbUp:

Whoever said that a conservative and a liberal couldn't come to total agreement on anything? :)

The "system" wants and encourages us to fight among ourselves...the way we do on this board, and elsewhere...

It keeps us "distracted"...and divided.

[elysiantraveller]

Couldn't agree more! :ThmbUp:

Whoever said that a conservative and a liberal couldn't come to total agreement on anything? :)

The "system" wants and encourages us to fight among ourselves...the way we do on this board, and elsewhere...

It keeps us "distracted"...and divided.

:lol:

You both have a lot more faith in the intelligence of the people at the top than I do...

Either of you ever read Braudel?

The world is just markets... moving about... without much direction.

[thaskalos]

:lol:

You both have a lot more faith in the intelligence of the people at the top than I do...

Either of you ever read Braudel?

The world is just markets... moving about... without much direction.

Braudel?

I tried reading some of his work, but I found it tough going...

There is so little time...:)

[NJ Stinks]

During the last decade or so, my thinking has gravitated more towards what you just wrote above more than you might realize.

I just said to someone the other day that it really doesn't matter much who wins in November. Obama himself proved this point remarkably with his actions (or non actions as the case may be) since he was elected; especially when compared to his campaign rhetoric.

Money talks, and always will. And if anyone thinks the Democratic party isn't as equally beholden to the money, then you're just fooling yourself. That's one of the reasons why I believe racism will never be eradicated in this country. It's too big of a revenue source for the Democrats.

It's also why I believe that if a cure for cancer existed, it would never see the light of day. Too big a revenue source for the medical industry. The same reason why if someone were to discover how to effectively run an automobile on water, Big Oil would see to it that this never came to pass.

I'm a huge cynic.

I agree with you on some points in this post. But the bolded part is something I disagree with for sure. Do you think Repubs would have attempted healthcare reform? Do you think Repubs would have cut employee SS taxes two years in a row? Do you think Repubs would have extended unemployment benefits?

Ayway, there is only one party offering to cut spending and raise taxes.

[Lefty]

So you think Obamacare is a good thing? If he gets elected wait tiill 2014 and 21 taxes kick in and employers start dropping healthacare. We'll eventually have ONLY govt healthcare and we'll have long waiting
lists of people trying to get healthcare. Old people will be told to just "take the pain pill" That's a good thing?

And anytime repubs try to reforms SS and Medicare look at the scare campaigns the Dims throw at old people.

[Tom]

Vote for rich people - they are harder to buy off or bribe.

Anyone actually think if Obama is re-elected, their taxes will sky-rocket the first week in January?

There is a tax tsunami coming and democrats will not stop it.
Take a look at your last paycheck and deduct $40-$60 from it....that is your immediate impact, with much more to follow.

Depression is 100% under another Obama term. 100%

[elysiantraveller]

I agree with you on some points in this post. But the bolded part is something I disagree with for sure. Do you think Repubs would have attempted healthcare reform? Do you think Repubs would have cut employee SS taxes two years in a row? Do you think Repubs would have extended unemployment benefits?

Ayway, there is only one party offering to cut spending and raise taxes.

Thats funny...

Ever Democrat ad I see says the GOP is going to raise taxes on the middle class... I'm pretty sure every speaker at the DNC said it too... so which is it?...

You guys on here argue out of both sides of your mouth alot and it really needs to stop.

[Tom]

NJ, better be careful.
They might come for you.
You are off the reservation. :lol:

And didn't you listen to Obama's speech?
He is going to SPEND much more than he did the first time.

[Lefty]

stinky, you are right. Repubs would not have extended unemployment benefits. But they would have made it possible for employers to create more jobs. Work is always better than unemployment.

[NJ Stinks]

Thats funny...

Ever Democrat ad I see says the GOP is going to raise taxes on the middle class... I'm pretty sure every speaker at the DNC said it too... so which is it?...

You guys on here argue out of both sides of your mouth alot and it really needs to stop.

Have I mentioned anywhere that Repubs are going to raise taxes on the middle class? My contention is that tax cuts bring spending cuts and we need to help people more than the weathy need tax cuts.

Ely, I may be wrong occasionally ;) but you can't pin Dem ads and convention stuff on me like I am somehow guilty by association.

[Actor]

Watch as these Dims at Convention agree that banning corporate profits would be a good thing:By my count he talked to 21 people, 2 of them twice. One did not respond to him at all, 6 made responses that did not address his question. Of the 14 remaining 6 said they would support, or might support, a cap, which is an entirely different question. That leaves 8.

8 out of what? How many delegates were at the convention? How many people did he talk to? How many responses ended up on the cutting room floor? Were all these people delegates? Obviously he wasn't but he was there.

Why did he change from "eliminate" to "cap?" Was he not getting the responses he wanted?

[elysiantraveller]

Have I mentioned anywhere that Repubs are going to raise taxes on the middle class? My contention is that tax cuts bring spending cuts and we need to help people more than the weathy need tax cuts.

Ely, I may be wrong occasionally ;) but you can't pin Dem ads and convention stuff on me like I am somehow guilty by association.

Its hard to discuss policy honestly with someone when what they say blatantly contradicts what their party is saying... its hard to know which one to respond to...

[PaceAdvantage]

By my count he talked to 21 people, 2 of them twice. One did not respond to him at all, 6 made responses that did not address his question. Of the 14 remaining 6 said they would support, or might support, a cap, which is an entirely different question. That leaves 8.

8 out of what? How many delegates were at the convention? How many people did he talk to? How many responses ended up on the cutting room floor? Were all these people delegates? Obviously he wasn't but he was there.

Why did he change from "eliminate" to "cap?" Was he not getting the responses he wanted?I remember you now. You were the one on here telling us all the times George W. Bush WAS ABLE to open the door properly...that one time he wasn't able (and the left-leaners here were posting picture after picture of it) was the one that WASN'T left on the cutting room floor, right Actor? ;)

http://graphics8.nytimes.com/images/2009/01/23/opinion/reuters8.jpg