PostmodernProphet
fully immersed in faith..
Right we get it. obama is bad. What are republicans going to do differently?
I don't know, but I'm ready to give it another try and see......
Right we get it. obama is bad. What are republicans going to do differently?
I don't know, but I'm ready to give it another try and see......
That's not good enough. In this era of hypercommunication we should know what steps they're going to take. You're just voting for change. Are you some kind of obama bot?
Quote Originally Posted by Taichiliberal View Post
This has EVERYTHING to do with "trickle down" economics (aka "reaganomics), because the changing of the tax codes to favor corporations and the rich went hand and hand with it.
Also, a "flat tax" won't solve the problem, and here's why:
Bloomberg View: Why a Flat Tax Won’t Work; Making Swiss Accounts Less … Swiss
October 27, 2011
http://www.businessweek.com/magazine...-10272011.html
America needs to grow a pair (i.e., the Attorney General's office, the Executive Office) and put the kibosh on ALEC and the lobbyist run amok that are controlling our politicians. That way, you don't have "legal ways" around paying the fair share.
That article doesn't make sense. It claims you can't lower taxes on a corporation and get more money? You can if you eliminate deductions they take. You can raise the corporate tax to 90% but if there are all kinds of deductions you won't raise anymore money.
Those in Congress pass tax laws to benefit companies in their district and their state. It's why the tax code is 75,000 pages long. I'm not familiar with ALEC. And i'm not sure how you go after companies for following the tax laws even if you don't like them.
Quote Originally Posted by Taichiliberal View Post
Really? Are ALL shareholders privy to ALL decisions made by the Board? Do ALL shareholders vote on all decisions? Because if that was indeed the case, you wouldn't have had the debacles of S&L, ENRON, JP Morgan or all the mess with Wall St. firms in the last 20 years.
Sorry, but you and Taft are deluding yourselves if you actually think you "own" anything other than your stock's worth.
Actually yes as a shareholder you do get to vote. You're vote is worth the percentage of the stock you own. As I stated before if I own a share of Apple i'm under no illusion that 'I personally own the company' but the fact remains the shareholders are the owners of the company.
If you're not familiar with ALEC, then I strongly urge you to do some research on it ASAP...because they are one of the main reasons for a tax code that provides surge loop holes and advantages for corporations to avoid paying revenue taxes on such a grand scale.
And please provide the paragraph (s) from the article I linked that states or eludes to "It claims you can't lower taxes on a corporation and get more money", because I sure don't see that.
Quote Originally Posted by Taichiliberal View Post
Really? Are ALL shareholders privy to ALL decisions made by the Board? Do ALL shareholders vote on all decisions? Because if that was indeed the case, you wouldn't have had the debacles of S&L, ENRON, JP Morgan or all the mess with Wall St. firms in the last 20 years.
Sorry, but you and Taft are deluding yourselves if you actually think you "own" anything other than your stock's worth.
Shareholders vote on the board members. The board isn't going to call each individual shareholder every time it makes a decision asking for each shareholders approval. Just as the CEO isn't going to go to the board every time they decide to fire someone within the company. Ultimately that is who they report to though.
Quote Originally Posted by Taichiliberal View Post
If you're not familiar with ALEC, then I strongly urge you to do some research on it ASAP...because they are one of the main reasons for a tax code that provides surge loop holes and advantages for corporations to avoid paying revenue taxes on such a grand scale.
And please provide the paragraph (s) from the article I linked that states or eludes to "It claims you can't lower taxes on a corporation and get more money", because I sure don't see that.
Link doesn't work anymore.
Nice try Wack, but you didn't answer my question......Are ALL shareholders privy to ALL decisions made by the Board? Do ALL shareholders vote on all decisions?
I cannot believe that you or other shareholders in JP Morgan or S&L or ENRON voted for the heinous actions and policies that resulted in the hurt caused to many Americans and the country's very economic existence! If you did, then shame upon you and your fellow "owners".
If not, then my previous statement stands.
So what I stated is true, you are NOT an "owner" of the company, because an owner decides what his/her company does....PERIOD! You just own stock.
Another incredibly stupid claim from the dullard class. Reaganomics didn't destroy the economy. This economy isn't "destroyed by any stretch; it is stuck on malaise thanks to idiot Democrats who have spent us into trillion dollar deficits and $17 trillion in debt you moron.
Your notion of what would help the economy is so incredibly stupid and ignorant it doesn't even deserve a respons but rather correctly laughed at and lampooned for the ignorance it represents. Your version of reality would force everyone to be a ward of the State and make everyone as miserable as dimwitted Marxistmleftist like you appear to be.
Hell dimwit, you give stupid a bad name.
Moron.
Quote Originally Posted by Taichiliberal View Post
As opposed to Jamie Diamond ripping off how much? And screwing over how many people? Then paying off to keep from getting jailed?
S&L, Enron....but hey these 69 folk are the REAL danger to the economy.
Grow the fuck up, Taft.
Earth to brain dead moron; Jamie Dimon is a Democrat and huge Obama supporter whose company was asked by this administration to buy the assets of Bear Sterns and Washington Mutual in an effort to prevent a financial collapse.
No shit sherlock...and how does that change what I stated? The AG is NOT doing it's job....and folk like YOU are DEFENDING JP Morgan...saying they are EXEMPT from contributing to this country's economic woes.
Hopefully he has learned that one cannot trust asshats like Obama and Democrats and that morons like you will clamor for his head regardless.
What are you babbling about? Did Obama and company say, "oh, and in addition you can do a whole lot of illegal stuff to manipulate the market, and we won't prosecute"? No....but buying his way out sure smells like it.
Yes, you REALLY are THAT incredibly stupid and ignorant.
Who do you think owns PUBLIC companies; why yes, the SHAREHOLDERS you dimwit.
You really are THAT stupid.
Moron.
Nice try Wack, but you didn't answer my question......Are ALL shareholders privy to ALL decisions made by the Board? Do ALL shareholders vote on all decisions?
I cannot believe that you or other shareholders in JP Morgan or S&L or ENRON voted for the heinous actions and policies that resulted in the hurt caused to many Americans and the country's very economic existence! If you did, then shame upon you and your fellow "owners".
If not, then my previous statement stands.
Says the neocon/teabagger troll who doesn't think beyond what Drudge tells him.
So what I stated is true, you are NOT an "owner" of the company, because an owner decides what his/her company does....PERIOD! You just own stock.
What a post!!!...???????????????????/....So...you really ARE that stupid.....All shareholders vote on Board members (and others matters).... to oversee the company and hire
a CEO to run the daily operations of the business.....as a shareholder you own a piece of the company depending on what percent of the outstanding shares you own.
Are you really that stupid.....?
And here we have an example of a not-too-bright neocon/teabagger troll who is long on insults, mantras and headlines but short on facts.
First off, not that I said reaganomics "devastated" the economy......big difference from "destroyed". Our bogus "truth detector" should learn to read comprehensively.
Secondly, I find it amazing how the bogus "truth detector" uses the tired mantra of "democrats only" fault of our deficit,
when Bush (aka the Shrub) put 2 wars on credit,
a prescription drug bill without negotiation on price....
I could go on, but let's get real as to what "reaganomics" really did to this country:
Why the GOP should stop invoking Reaganomics
By Bruce Bartlett,February 03, 2012
http://articles.washingtonpost.com/2012-02-03/opinions/35443389_1_tax-rate-reagan-tax-payroll-tax
I will further discuss the issue with "Truth Detector" if he has the intellectual honesty and courage to actually read and discuss the article link. If not, then I will ignore his propaganda laden rhetoric.
So what I stated is true, you are NOT an "owner" of the company, because an owner decides what his/her company does....PERIOD! You just own stock.