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Wall St. Writing the Laws the Govern It + Bribes
Posted:
Fri May 24, 2013 9:46 am
by Indy
Re: Wall St. Writing the Laws the Govern It + Bribes
Posted:
Fri May 24, 2013 10:21 am
by Divinity11
Unbelievable.
Lobbyists, super PACs, career politicans...the sources of our problems in government.
Re: Wall St. Writing the Laws the Govern It + Bribes
Posted:
Fri May 24, 2013 10:37 am
by Indy
Agreed. $$$
Re: Wall St. Writing the Laws the Govern It + Bribes
Posted:
Fri May 24, 2013 10:54 am
by lnrw
Re: Wall St. Writing the Laws the Govern It + Bribes
Posted:
Fri May 24, 2013 10:59 am
by The Dharma Bum
TBTF just shows that capitalism is a failure as a distribution philosophy. It simply cannot function without gargantuan infusions of cash. Even the massive amounts we are injecting into the economy is barely propping it up and it's only a matter of time before the whole thing collapses.
Re: Wall St. Writing the Laws the Govern It + Bribes
Posted:
Fri May 24, 2013 10:59 am
by Indy
Ha! I put up that chart once!
I got the biggest kick out of "University of California." WTH? G5 explained it to me but it sounds shady.
Re: Wall St. Writing the Laws the Govern It + Bribes
Posted:
Fri May 24, 2013 11:00 am
by Mr.Bill
In spite of what many would like us to believe, in the 80's Reagan RAISED taxes by cutting out many of the corporate tax loopholes which upped the taxes corporations paid then by hundreds of billions of $'s.. Thanks to money in politics and the corporations lobbyists most of the loopholes are back.. See Apple, GE, and the rest who pay little to no corporate Fed Income tax..
I have no doubt Dodd-Frank will be stripped, gutted and made completely useless over the next few years..
I'm sure many on the right, and some of the left will cheer when the regulations are gutted.. But in 5-7 years when the banks crash the system again, the cheering will stop and the finger pointing will start, again.
Re: Wall St. Writing the Laws the Govern It + Bribes
Posted:
Fri May 24, 2013 11:02 am
by Indy
Re: Wall St. Writing the Laws the Govern It + Bribes
Posted:
Fri May 24, 2013 11:04 am
by lnrw
Re: Wall St. Writing the Laws the Govern It + Bribes
Posted:
Fri May 24, 2013 11:06 am
by Indy
I agree that it's not capitalism.
It's lemon socialism technically.
If corporations are indeed people and people like Apple get to pay no income taxes and I have to, that's not an even playing field. It's a tiered system.