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The US debt (proper debate) - Page 28

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BestZergOnEast
Profile Joined November 2006
Canada358 Posts
Last Edited: 2011-07-27 23:14:53
July 27 2011 23:14 GMT
#541
ilovelings : it's no surprise that you are both highly educated and highly statists. The main role of the modern intellectual is to provide the justification for the state, and in return the intellectuals share in the state's plunder. This was once the role of the clergy but in an ever increasingly secular society religion lost it's influence. I personally am not formally educated at all (high school drop out) but that is irrelevant; appeal to authority is a very common logical fallacy.

Taxation is theft.
xAPOCALYPSEx
Profile Blog Joined October 2010
1418 Posts
Last Edited: 2011-07-27 23:18:02
July 27 2011 23:17 GMT
#542
Sometimes I really don't understand our Government. It seems that instead of getting stuff done, the two parties just try to hinder each other from getting anything done as much as possible (especially the Republicans).

Right now we have 11 active aircraft carriers, with 2 more on the way, while other nations pretty much have 1 or 2, maybe 3

... why?

I think our budget to defense is so damn bloated that it seems we want to be able to take on the Soviet Union, Nazi Germany, Communist China, North Korea and the Middle East all at the same time. George Washington was smart to advise against Political Parties, I think they are more at fault with our debt than anything else. It's not that we can't solve our debt, it's just that Congress would rather bicker at each other and get nothing done, just to spite the other party.

Or so it seems
ilovelings
Profile Joined January 2011
Argentina776 Posts
Last Edited: 2011-07-27 23:29:50
July 27 2011 23:24 GMT
#543
On July 28 2011 08:07 BestZergOnEast wrote:
Show nested quote +
Obama is indeed stuck in a swamp created by previous administrations (Reagan, Bush Sr., Clinton & Bush jr.). If you just taxed the rich to finance the reforms would be great for every american.



Raising taxes is never the answer. Personally I don't villianze the rich. I'm not an envious man. I was born into a family that was very poor. My mother raised me on welfare, alone. But I don't hate the rich. I don't want to use state violence to take their money from them. All I want is freedom. I want people to treat each other decently, not try to use state coercion to redistribute wealth for themselves. Wealth is either created or stolen; I think if you create it you deserve to keep 100%, and if you steal it you are a thief, worthy only of contempt and hatred.


I do not villianize the rich either. The truth is that in order to exist in a capitalistic society, the state must obtain resources through out taxation that is indeed a form of coercion. It is an economical fact that the rich save much more money than the poor, this means, that they destine a much greater percentile of their income as savings than the poor because the poor cannot save any money because they spend all their money on buying things in order to survive.

So if the rich earns E.G. 1 millon dollars a month, a 10% tax means you take from them 100k from them while you take 100 dollars from a guy that makes 1k a month. You can save or invest a lot of money with 900k a month but with 900 dollars, the poor fellow is going to have a really harder time to survive. So instead of taxing both equally (regressive taxation in tecnical terms), you tax the richer 40% and you taxate the poorer bracket with a 1% tax. This way, the rich guy still makes a shitload of money and the poor guy is richer because of he has more money to save (or to consume).
The state with the extra money (if it is a smart state) can invest into public general welfare like homeless shelters or high quality education.


On July 28 2011 08:14 BestZergOnEast wrote:
ilovelings : it's no surprise that you are both highly educated and highly statists. The main role of the modern intellectual is to provide the justification for the state, and in return the intellectuals share in the state's plunder. This was once the role of the clergy but in an ever increasingly secular society religion lost it's influence. I personally am not formally educated at all (high school drop out) but that is irrelevant; appeal to authority is a very common logical fallacy.

Taxation is theft.



Im actually an anarchist. Im just describing how a smart capitalistic state survives

On July 28 2011 08:17 xAPOCALYPSEx wrote:
Sometimes I really don't understand our Government. It seems that instead of getting stuff done, the two parties just try to hinder each other from getting anything done as much as possible (especially the Republicans).

Right now we have 11 active aircraft carriers, with 2 more on the way, while other nations pretty much have 1 or 2, maybe 3

... why?

I think our budget to defense is so damn bloated that it seems we want to be able to take on the Soviet Union, Nazi Germany, Communist China, North Korea and the Middle East all at the same time. George Washington was smart to advise against Political Parties, I think they are more at fault with our debt than anything else. It's not that we can't solve our debt, it's just that Congress would rather bicker at each other and get nothing done, just to spite the other party.

Or so it seems


ill quote myself to answer your question.

On July 28 2011 07:17 ilovelings wrote:
One of the presidential prerogatives is to veto a law passed by the congress.

The problem here is entirely political. The congress has the constitutional attribute (attribution?) of increasing the debt limit(or not increasing it). Reps know the debt limit must be increased in order to keep paying the debt but the thing is they are using the debt issue to pass additional legislation which obama (and myself) considers to be pernicious for the state & general welfare. They also hold Obama responsible of this situation, so a "defeat" in congress translates into presidential weakness. Obama's political mistake was giving in to the Republican demands and pressure the first time this issue was debated in the congress during Obama's administration. Now you have a strong Republican block that thinks that if they put enough pressure into the president, they can get whatever they want.

This is just my political analysis of the situation.

People is diying.
Diks
Profile Joined January 2010
Belgium1880 Posts
Last Edited: 2011-07-27 23:29:59
July 27 2011 23:29 GMT
#544

Nice documentary about origin of the debt and who is taking profit of it.
BestZergOnEast
Profile Joined November 2006
Canada358 Posts
July 27 2011 23:29 GMT
#545
But that's not very fair is it? I thought we wanted a great egalitarian society where everyone was treated equally under the law. I propose government be funded by a poll tax of $5 a head. Of course that won't be enough money to bail out rich bankers or blow up brown people, so I guess government will have to settle for a smaller role, say defending property rights.


I agree with your first paragraph. my question is, why is it moral for the government to steal $360,00 from the rich guy? Do you think it would be okay if I went out and did a home invasion? Why is this organization known as government treated with different rules than every other organization or individual?
BestZergOnEast
Profile Joined November 2006
Canada358 Posts
July 27 2011 23:30 GMT
#546
You're an anarchist that wants to raise taxes?

[image loading]
BestZergOnEast
Profile Joined November 2006
Canada358 Posts
Last Edited: 2011-07-27 23:32:55
July 27 2011 23:32 GMT
#547


this is a better video on the federal reserve system.
jon arbuckle
Profile Blog Joined November 2009
Canada443 Posts
Last Edited: 2011-07-27 23:34:38
July 27 2011 23:33 GMT
#548
On July 28 2011 08:14 BestZergOnEast wrote:
it's no surprise that you are both highly educated and highly statists. The main role of the modern intellectual is to provide the justification for the state, and in return the intellectuals share in the state's plunder. This was once the role of the clergy but in an ever increasingly secular society religion lost it's influence.


This could pass for a quote from Lenin, if not Stalin, and I'm not being hyperbolic.

On July 28 2011 08:14 BestZergOnEast wrote:
I personally am not formally educated at all (high school drop out)


Incredible.

On July 28 2011 08:30 BestZergOnEast wrote:
You're an anarchist that wants to raise taxes?


I just... I can't... I mean... just...
Mondays
Expurgate
Profile Joined January 2011
United States208 Posts
July 27 2011 23:34 GMT
#549
Please, stop the conspiracy theory debates. It turns these threads into hyperbolic, ad-hominem filled heaps of trash, where nothing of scientific value is ever quoted.

Again, let's get back to a fact-based discussion of the current U.S. debt. Not of whether Ben Bernanke is a puppet controlled by a world-spanning shadow cartel of rich people, or Scientologists, or God knows what else. Not of whether posters in this thread are "statists." Leave the ideology at the door. Facts. Debt. Go.

People are still ignoring the fact that Democratic plans have made provisions for substantial spending cuts. When coupled with mild tax hikes (as I earlier cited, in proportions of approximately 87% - 13% respectively), this should be enough to close the immediate budget deficits.

It of course is terribly inconvenient that we face a budgetary crisis of such proportions during a recessionary period, but to take any path but the most moderate risks significant economic consequences.
Bibdy
Profile Joined March 2010
United States3481 Posts
July 27 2011 23:36 GMT
#550
On July 28 2011 08:33 jon arbuckle wrote:
Show nested quote +
On July 28 2011 08:14 BestZergOnEast wrote:
it's no surprise that you are both highly educated and highly statists. The main role of the modern intellectual is to provide the justification for the state, and in return the intellectuals share in the state's plunder. This was once the role of the clergy but in an ever increasingly secular society religion lost it's influence.


This could pass for a quote from Lenin, if not Stalin, and I'm not being hyperbolic.

Show nested quote +
On July 28 2011 08:14 BestZergOnEast wrote:
I personally am not formally educated at all (high school drop out)


Incredible.

Show nested quote +
On July 28 2011 08:30 BestZergOnEast wrote:
You're an anarchist that wants to raise taxes?


I just... I can't... I mean... just...


Cognitive Dissonance, dude. You can't fight it any more than you can stop rain clouds from pouring.
ilovelings
Profile Joined January 2011
Argentina776 Posts
July 27 2011 23:39 GMT
#551
On July 28 2011 08:29 Diks wrote:
http://www.youtube.com/watch?v=mf_vHMpGTJw
Nice documentary about origin of the debt and who is taking profit of it.



If you really want to learn about how the fed works, I suggest a Ph D from the London School of Economics.
People is diying.
BestZergOnEast
Profile Joined November 2006
Canada358 Posts
July 27 2011 23:40 GMT
#552
As Barry Goldwater once said, 'moderation in pursuit of justice is no virtue'. Government spending is a dead weight on the economy. Slashing it radically would not jeperodize the future of the economy, it is keeping it the same that is dangerous. Wealth is created by the market, the government only steals it, redistributes it and consumes it. Simply maintaining the status quo will mean serious economic ills.
ilovelings
Profile Joined January 2011
Argentina776 Posts
July 27 2011 23:40 GMT
#553
On July 28 2011 08:29 BestZergOnEast wrote:
But that's not very fair is it? I thought we wanted a great egalitarian society where everyone was treated equally under the law. I propose government be funded by a poll tax of $5 a head. Of course that won't be enough money to bail out rich bankers or blow up brown people, so I guess government will have to settle for a smaller role, say defending property rights.


I agree with your first paragraph. my question is, why is it moral for the government to steal $360,00 from the rich guy? Do you think it would be okay if I went out and did a home invasion? Why is this organization known as government treated with different rules than every other organization or individual?


If you want an Igualitarian society, get rid of the state & property
People is diying.
BestZergOnEast
Profile Joined November 2006
Canada358 Posts
July 27 2011 23:41 GMT
#554
Yes, that would be very egalitarian we would all be equally fucked. But I'll meet you half way, we abolish the state and keep private property.
ilovelings
Profile Joined January 2011
Argentina776 Posts
Last Edited: 2011-07-27 23:45:02
July 27 2011 23:41 GMT
#555
On July 28 2011 08:40 BestZergOnEast wrote:
As Barry Goldwater once said, 'moderation in pursuit of justice is no virtue'. Government spending is a dead weight on the economy. Slashing it radically would not jeperodize the future of the economy, it is keeping it the same that is dangerous. Wealth is created by the market, the government only steals it, redistributes it and consumes it. Simply maintaining the status quo will mean serious economic ills.


No it does not. I believe you must have miss interpreted Hayek. The wealth is created by people.


On July 28 2011 08:41 BestZergOnEast wrote:
Yes, that would be very egalitarian we would all be equally fucked. But I'll meet you half way, we abolish the state and keep private property.



Private property cannot exist without the state. Who is going to enforce that? Markets cannot exist without Liberal Democracy.

It is not a matter of wealth, it's about coersion. And for private property to exist, it needs coersion to be enforced.
People is diying.
drumsetjunky
Profile Joined May 2011
United States136 Posts
July 27 2011 23:43 GMT
#556
On July 24 2011 04:07 ploy wrote:
I don't think it's being shrugged off anymore by your average educated citizen. Most people I interact with recognize that it's a serious problem. Personally, I have no idea how we're ever going to get it under control without taking really drastic measures that either totally hinders governmental function or corporate profitability.

Basically, at some point, SOME GENERATION will have to take the hit for the irresponsibility of our government's actions for the past 20-30 years.



This has to be the best description of ANY I've heard. No rhetoric, no slant..
Great post by ploy and overall the definitive truth.
www.drumsetjunky.com -- www.twitter.com/drumsetjunky
BestZergOnEast
Profile Joined November 2006
Canada358 Posts
Last Edited: 2011-07-27 23:45:27
July 27 2011 23:44 GMT
#557
Actually the opposite is true - so long as there is a government with the ability to tax there is no such thing as private property. You cannot own land without paying rent (property tax) to the true owner. It is only when we abolish the state that we will truly have private property and a peaceful prosperous society.


Coercion is the threat of violence. Private property is ownership. You do not need violence to own things.
ilovelings
Profile Joined January 2011
Argentina776 Posts
Last Edited: 2011-07-27 23:49:35
July 27 2011 23:46 GMT
#558
On July 28 2011 08:43 drumsetjunky wrote:
Show nested quote +
On July 24 2011 04:07 ploy wrote:
I don't think it's being shrugged off anymore by your average educated citizen. Most people I interact with recognize that it's a serious problem. Personally, I have no idea how we're ever going to get it under control without taking really drastic measures that either totally hinders governmental function or corporate profitability.

Basically, at some point, SOME GENERATION will have to take the hit for the irresponsibility of our government's actions for the past 20-30 years.



This has to be the best description of ANY I've heard. No rhetoric, no slant..
Great post by ploy and overall the definitive truth.


I totally concur.


On July 28 2011 08:44 BestZergOnEast wrote:
Actually the opposite is true - so long as there is a government with the ability to tax there is no such thing as private property. You cannot own land without paying rent (property tax) to the true owner. It is only when we abolish the state that we will truly have private property and a peaceful prosperous society.


Coercion is the threat of violence. Private property is ownership. You do not need violence to own things.


Are you implying that currently in the USA, there is no private ownership of things? You mean like comunism right? xD

Coersion is not the threat of violence. It's violence itself. If I want to take your privately owned stuff, someone is gonna come after me. THat is indeed coersion.
People is diying.
Expurgate
Profile Joined January 2011
United States208 Posts
July 27 2011 23:46 GMT
#559
On July 28 2011 08:40 BestZergOnEast wrote:
As Barry Goldwater once said, 'moderation in pursuit of justice is no virtue'. Government spending is a dead weight on the economy. Slashing it radically would not jeperodize the future of the economy, it is keeping it the same that is dangerous. Wealth is created by the market, the government only steals it, redistributes it and consumes it. Simply maintaining the status quo will mean serious economic ills.


Did you know that dozens, if not hundreds, of authoritative studies have demonstrated over a period of decades that government spending is more effective than private spending at stimulating further economic activity?
BestZergOnEast
Profile Joined November 2006
Canada358 Posts
July 27 2011 23:48 GMT
#560
How? How does paying some bureaucrat to sit in an office and push papers around make the economy grow?
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