🚀 go-pugleaf

On Fri, 18 Jun 2010 16:08:37 -0500, Roy Carin wrote:

> On 06/18/2010 01:30 PM, Michael Coburn wrote:
>> On Thu, 17 Jun 2010 22:55:40 -0500, Roy Carin wrote:
>> 
>>> On 06/17/2010 12:11 PM, Michael Coburn wrote:
>>>> On Wed, 16 Jun 2010 23:46:26 -0700, Sam Spade wrote:
>>>>
>>>>> Roy Carin wrote:
>>>>>
>>>>>> However, the wealthy do not OWE the state government of California
>>>>>> any more than what they've already provided. Those "wealthy" who
>>>>>> are creating businesses and jobs have already contributed much more
>>>>>> than the average person.
>>>>> Most Democrats and public "service" employees are incapable of
>>>>> understanding that concept.
>>>> This religious affliction concerning the contribution of the rich
>>>> still drives the moronic rightards even though reality says
>>>> otherwise.  This country has not been destroyed by Democrats.
>>> Yes it has. The Democrats have proven to themselves, all future
>>> politicians and the voting public that it's possible for the people to
>>> vote themselves money from the U.S. treasury. The moment that
>>> happened, our republic started toward its demise.
>> 
>> That is a lie, of course.  But that _IS_ what the "right" is very good
>> at.  The rightarded cannot grasp the concept of insurance and actual
>> science.  The basic concept of predicting the likelihood of future
>> events based on historical data and facts is something outside the
>> ability of religious nut cases.  Or perhaps it is an aversion to shared
>> risk that is the problem.  Perhaps they feel that God should have his
>> way and that the unfortunate are those whom God has decided to punish
>> as opposed to just falling in a statistical ditch.
>> 
>> 
> I think I have a pretty good handle on it; the Social Security system
> was originally designed for lifespans of the 1940's; however, as SS
> causes lifespans to increase, the expense of the program increases as
> well; at some point, all the nation's income must be captured for that
> program. 

Thanks for again displaying your total ignorance of economics.  It is 
that economic growth outstrips the demographic and longevity problems 
totally.  Since 1960, productivity and per capita output has increased 6 
fold while the proportion of retired to working people has only doubled.  
What that means is that if labor got any reasonable share of these 
productivity gains the system would be overflowing with excess cash.  
Real wages, however have been falling since 1975 with a slight uptick in 
the 1990's.  The problem is the disproportionate share of output awarded 
to owners and the screwing given to wage earners.

> Medicare was created to cover the medical expenses of the
> elderly in the 1970's, but the program extends life--making the program
> more expensive;

Here again, the increased productivity outruns the longevity.  Medicare 
has some problems.  But it isn't the primarily the longevity.  It is 
primarily the ever escalating costs of medical care.

> additionally, the customers' lack of awareness of cost
> results in massive medical inflation that affects everyone--including
> non-Medicare health care customers.

This is just Republican pig shit.  It will be repeated forever, because 
it has some minor effects.  But the optional treatments are not the 
primary expense nor the driver of medical cost inflation.

> Medicare becomes more and more
> expensive over time, and eventually must capture all national income to
> survive.

That is a lie also, and actually an impossibility.  The impossibility is 
recognized by people that actually think. That precludes the rightrarded.

> The programs are proven unsustainable, and at some point, our nation
> will have to sell itself to bankers in order to "survive." No thanks.

Sell itself to bankers?  This is a recent BOOGERMAN that is yet another 
concoction of the criminally insane double speak Republicans.

>>>> It has been destroyed by
>>>> lying pig Republicans and their fascist pig shit.  As to the wealthy
>>>> owing government of California more or less the rational person
>>>> attempts a FAIR system of taxation as opposed to arguing about who is
>>>> to be billed. That fair system existed in California until Prop 13
>>>> destroyed it.  I would like to add that no one is FORCED to live in
>>>> California and that people can leave any time.
>>> Ah, and they will, and that's the killer. A strongly progressive tax
>>> requires that the wealthy stay in state for the state to suck (more)
>>> money from them UNLESS California gets more bailouts.
>> 
>> Then why not follow this to its logical conclusion instead of spouting
>> pig shit?
>> 
>>> That's why some people on the Right correctly see bailouts as taxes
>>> (punishments) on people who did the right thing and balanced their
>>> budgets (both personal and governmental). These taxes are done to save
>>> they sorry backsides of people (states) who spent profligately.
>> 
>> So let us make sure that we understand this:  The rightarded
>> Republicans of California did away with the property taxes instead of
>> moving to a different state.  They managed to destroy the tax system
>> and now have a very serious problem.  And it is _THEY_ who want the
>> bailout and no strings attached.
>> 
>>> I live in a state that has a very serious budget deficit, but I know I
>>> have no right to demand that Virginians bail us out.
>> 
>> Most states have a serious deficit because the Republicans wrecked the
>> entire world economy AGAIN.
> 
> It's not a Republican vs. Democrat issue. It's a banking elite issue.

NO! In this case it is a Republican, K Street Newt Gingrich, Mush Mouth 
Enron Phil Gramm, and George Pinocchio Bush problem.  Republicans all.  

>> This has NOTHING to do with social insurance systems.  Those systems
>> did not cause the failure.  The rightarded roller coaster caused the
>> failures.
>> 
>>> That said, bailing out the states is more ethical than bailing out
>>> Wall Street.
>> 
>> Yes..  It is. Bailing out the states is a LOAN like any other.  And
>> that is what the rightarded don't want anyone to understand.  When a
>> bank makes a loan the money is created from thin air
> 
> diluting the value of all other money

That will happen only if California doesn't repay the loan.  California 
will have to increase taxes in order to pay.  But in this case no 
collateral will be had.  The US government cannot foreclose on the State 
of California (to my knowledge).  Instead of a loan, maybe you think we 
should give California to Mexico or throw them out of the union. The 
Chinese would probably be willing to take over.

>> and interest attaches to
>> this exercise.  That is so because the bank must make a profit.  In the
>> case of the United States government the need for profit is non
>> existent.  And even so it is ridiculous to allow private profiteering
>> on actions to rescue the general economy.
>> 
>> 
> The general economy was created by private profiteers. Why shouldn't
> they, if they desire, "rescue" it? The only other option would be for
> the government to create a new government-sponsored and controlled
> economy. But the government is far less trustworthy than private groups
> who can be audited and whose businesses are allowed to fail.

That claim is pig shit.  Government is MUCH MORE transparent than 
private, for profit corporations.  You complain about the banks and then 
do not want government to serve the purpose of the banks. You really are 
very confused.

> In a free society, it's not the job of the government to manage the
> economy.

Most of us want the government to manage the currency.

>> From Dean Baker:
>> 
>> http://www.huffingtonpost.com/dean-baker/overcoming-the-debt-
>> trap_b_603682.html --------------------------------------------
>> 
>> There is a simple way to avoid a sharp rise in the interest burden
>> associated with a higher debt. The Federal Reserve Board can buy and
>> hold the debt that is currently being issued by the Treasury to finance
>> the deficit. The logic of this is straightforward. If the Fed holds the
>> debt, then the interest on the debt is paid to the Fed. The Fed then
>> returns the interest to the Treasury each year, meaning the net cost to
>> the government is zero.
>> 
>> This is not slight of hand. The point is that the economy has a huge
>> amount of idle resources in the form of unemployed workers and excess
>> capacity. In this situation, the increased demand created by government
>> spending does not have to come at the expense of existing demand. The
>> economy can simply expand to fill the additional demand created by
>> larger deficits. While that may not be true in five or ten years,
>> assuming the economy is again near full employment, right now deficits
>> need not lead to either higher interest rates or higher inflation.
>> 
>> --------------------------------------------------------------------
>> 
>> The constant refrain of "the taxpayers" from the righarded is pig shit.
>> It is pig shit because, like all other conservative language, it is
>> intentionally vague and morality loaded.
>> 
>>>> People want to live there because of the natural attributes of that
>>>> area.  Only the rich can afford to live there.  But the rich must
>>>> have government services, lawn care, restaurants, massage parlors or
>>>> house calls, grocery stores, and let us not the forget the major need
>>>> which is lots of people to kiss their illustrious butts.  No
>>>> government, no private property enforcement.
>>> Of course that includes enforcement of natural resource private
>>> property rights. There's no sense in paying any money to a government
>>> that doesn't protect your claim on your natural resources.
>> 
>> There are other functions of government that dramatically increase the
>> value of those property rights, but you get the picture.  If you want
>> to live in California then you must pay the taxes.
> 
> And vote too.
> 
>> You can leave any time
>> you want.
> 
> And if the smart, wealthy business owners do leave, the
> income-generating potential of the state lowers dramatically. The
> perception of California as a prosperous state was created by the
> industrious, wealthy, business-oriented and hard working people. Once
> those people leave, California's debts become unpayable--forever (in
> real dollars).

California was a wonderful place to live long before the business people 
and the banks showed up.  These "industrious" people did not create the 
natural climate and such. Owning land does not produce a damned thing. If 
that is what is taxed as opposed to taxing income and transactions then 
the productive people will stay and the leeches will leave.

>> Those taxes will have to be increased over what they otherwise would
>> have been because the land owners have been getting a free ride. The
>> price of the property when taxed will fall, just as the price of the
>> property went through the roof due to its not being properly taxed in
>> the past.
> 
> You might be right there.
> 
>> We are, it seems, left trying to suck blood from a turnip. Yet that is
>> not the case. The natural and community developed value of the land
>> still remains and many want to live there. The looters cannot take it
>> with them.
>> 
>> 
> Wealthy land owners are not usually called "looters" in America.
> However, I do remember communists considering all capitalists as
> thieves.

Commie baiting is one of the primary defenses of the rentier class.  It 
has to do with a lie perpetrated by the rightarded and by neoclassical 
economists that mixes natural resources with actual _capital_.  Capital, 
you see, can be EARNED (produced). Land is NOT PRODUCED OR EARNED and is 
not part of "CAPITALISM" in reality.  But the rightarded like the 
imprecise language of neoclassical financial crap as opposed to the 
_real_ economic terms and distinctions of the classical economists.  By 
destroying the language they can call a silk purse a sows ear.

In the United States land was so plentiful that it made no real 
difference until the late 1800's.  And that is when Henry George came a 
long and pointed out the harm done by economic rent. Marx called George 
"The last of the great Capitalists".

>>>> The
>>>> rich will ever try to have others pay for their needs.  The proper
>>>> funding of government is via asset taxation.
>>> For what?
>> 
>> Without property rights enforcement there is no such thing as privately
>> owned assets.
>> 
>>> Certainly the people should have some say in how much they are taxed,
>>> and certainly the people should have some veto power on wealth
>>> redistribution attempts, and certainly the functions of government
>>> should be limited so that people are never forced to pay 95% taxes.
>> 
>> The people do have all of that.  You want to lie and deceive.  An asset
>> tax of about 4% per annum would allow us to do away with the income
>> tax.
> 
> And what about people with property but no incomes? This would strip
> these people of their assets. That said, although I don't like it,
> "that's life." If asset owners with no incomes want to keep their
> property, they'd better read the newspapers and vote often because there
> are people in government and elsewhere who want to get their property
> from them, and such taxes are great ways to do that.

There has never been an asset tax proposal that does not exempt large 
amounts of assets held by the elderly.  Most states already have major 
tax waivers for seniors on real property.  But in general, if assets are 
taxed then the owners must make the assets productive or the assets will 
be lost to someone who will make them productive.  That is not some sort 
of oversight or unintended consequence.  People who "sit on the assets" 
preventing others from making use of them are not doing any good for 
anyone.  The rightarded always want to talk about how the rich people 
earn their money and how unfair the progressive income tax is.  An asset 
tax does not tax earnings.

And you can rest assured that people with lots of assets don't just 
vote.  They pay very large sums of money to influence other voters.

http://www.greatervoice.org/econ/quotes/Madison.php  --------------

During the convention there was much debate and rationale offered on the 
subject of whether only land owners would be allowed to vote in elections 
for one or both branches of the legislature, or whether other free 
persons (meaning men of course) would be allowed suffrage. There was a 
lot of concern for the time when land in America would no longer be free, 
and when the land owners (mostly by inheritance) would become the 
minority of the citizenry as it is today. Of interest here is much of the 
text of the second note which addresses the effects of constituency size 
on the likely outcome of elections.

Page 155 -

    "Should Experience or public opinion require an equal and universal 
suffrage for each branch of the Government such as prevails generally in 
the U.S., (then) a resource favorable to the rights of landed and other 
property, when its possessors become the Minority, may be found in the 
enlargement of the Election Districts for ONE branch of the Legislature 
and a prolongation of its period of service. Large districts are 
manifestly favorable to the election of persons of general 
respectability, and of probable attachment to the rights of property, 
over competitors depending on the personal solicitations practicable on a 
contracted theater. And although an ambitious candidate, of personal 
distinction, might occasionally recommend himself to popular choice by 
espousing a popular though unjust object, it might rarely happen to many 
districts at the same time. The tendency of a longer period of service 
would be, to render the Body more stable in its policy, and more capable 
of stemming popular currents taking a wrong direction, till reason and 
justice could regain their ascendancy.

----------------------------------------------------------------

Wealthy people have a distinct advantage in electing their choices if the 
size of the electoral arena is very very large.  It is done with money 
and lots of advertising.  In smaller constituencies there are better 
communications between the electorate the also the candidates are better 
know to the voters. 

>> The people would pay in direct proportion to the VALUE they realize
>> from government.
>> 
>> 
> No, the government typically does far far more than asset protection.
> Most of the money is taken by attempts at wealth redistribution.

 http://www.greatervoice.org/econ/glossary/Asset_Tax_System.php

That is a description of an asset tax system.  And you find that social 
insurance is funded by excise taxes. And in the current income tax system 
we have separate taxes for Social Security and Medicare.  The crap that 
is repeated by the rightarded does not take the separate revenue into 
account.  When it is taken into account the vast majority of INCOME tax 
revenue is used for asset value ENHANCEMENT and protection. 

> Property owners shouldn't lose their property because the government has
> an insatiable appetite for giving the poor the money of the middle
> class.

They should have to move out of the state of California if they won't pay 
the land taxes.  As we have seen, that will reduce the value of the land 
and reduce the tax revenue.  It is a market based system. 

>>>> The greater the value of
>>>> your assets the more you NEED government.  Land is the asset that
>>>> cannot be hidden. It is available to all in a government enforced
>>>> market.  And all you have to do is outbid all the other people.  The
>>>> land exists without anyone "providing it".  It is just "there".  The
>>>> recipient of the payment for inhabiting a particular location should
>>>> be the government that enforces the use claims (e.g. the right of
>>>> exclusive use).  It is a fair and honest system.
>>>>
>>>>
>>> So the government taxes just enough to enforce property rights
>>> (including natural resources [including oil and water]). I have no
>>> problem with that. We finally agree on something ;-)
>> 
>> Land is not the only asset.  Government spends tons of money protecting
>> and enhancing land rights, no doubt, but all of the money spent on
>> education, for instance, will end up providing incomes to asset owners.
>> People without assets live hand to mouth regardless of their education.
>> But it is education and capital development that creates _real_
>> interest and real profit.  The interest inures to asset owners. Only
>> wages and CLASSICAL PROFITS (the reduction in labor afforded through
>> the use of capital) inure to the producers.
>> 
>> http://www.greatervoice.org/econ/glossary/Asset_Tax_System.php
>>





-- 
"Senate rules don't trump the Constitution" -- http://GreaterVoice.org/60