Quote Originally Posted by RAKIdaRHINO View Post
if that was the case he wouldnt make +250k a year. And if he doesnt, which he will, the profit will be made by someone else.
Quote Originally Posted by RAKIdaRHINO View Post
lets assume 10% tax
profit 300k -> 295k after tax. Wow, i bet hes gonna go out of business!
I don't think you are taking into account maintenance of equipment.
The figure of 250k is a bit deceptive as to actual wealth. In various businesses much of that income goes to maintenance of equipment, payment on equipment, taxes on equipment, machinery breaking down every now and then etc.

"The dictatorship of the proletariat, i.e., the organization of the vanguard of the oppressed as the ruling class for the purpose of suppressing the oppressors, cannot result merely in an expansion of democracy. Simultaneously with an immense expansion of democracy, which for the first time becomes democracy for the poor, democracy for the people, and not democracy for the money-bags, the dictatorship of the proletariat imposes a series of restrictions on the freedom of the oppressors, the exploiters, the capitalists."

Lenin, State and Revolution (1917)

Quote Originally Posted by RAKIdaRHINO View Post
If so someone else would take over, however its a false statement so no point taking it further
What do you mean someone else would be taking over, Do you mean the illegal contractors who the government for the most part ignores thus undermining honest businesses? If you are referring to other stock holders of the business or some other entity taking over the business how is that good? One of The ultimate goals of communism is control of all business by the government.

"Extension of factories and instruments of production owned by the state; the bringing into cultivation of waste lands, and the improvement of the soil
generally in accordance with a common plan."
Communist Manifesto 7th plank

Quote Originally Posted by RAKIdaRHINO View Post
There are always people who cheat the system, its usually against the law to do so though. Or do you actually think that we should make all cheating legal omac style just so no one (everyone) cheats? =)
I never suggested legalizing it. I am saying it is often happening right under the government's nose and they don't do enough about it. Government is not concerned enough about the problem.

Quote Originally Posted by RAKIdaRHINO View Post
que? You just said someone else took over his business, that someone usually has workers. Consistency please amigo.
I didn't say that, I don't know where you got that impression.

Quote Originally Posted by RAKIdaRHINO View Post
Indeed, but theyre obviously making +250k a year, so they cant be that bad off can they? If anything by your logic this would help the small guys in the world (<250k is after all quite small business wise) And no, no one goes bankrupt over this. You cant go bankrupt by taxing profit.
I must emphasize that it is VERY difficult to stay in that range of income, without beginning to slide in profit towered bankruptcy in this day and age.

Quote Originally Posted by RAKIdaRHINO View Post
Uhm, no. Hardly communism at work. Hardly even socialist.
In the "Communist Manifesto" one of the stated goals of communism calls for an elimination of the middle class, thus creating a classless society with a ruling elite. This plan of Obama's, combined with the inflation of the Dollar. Which congress has no real control over will eliminate the middle class.
It could easily go into hyperinflation, the Federal Reserve has printed trillions of Dollars without congressional approval in the past few weeks.
Neither Obama, nor Mccain has any intention of getting rid of, or giving
more control of the Federal Reserve to congress Thus making it more under
the people's control.
what is going on is a transfer of wealth to the bankers, away from the peo-
ple.

"The immediate aim of the Communists is the same as that of all other proletarian parties: Formation of the proletariat into a class, overthrow of the bourgeois supremacy, conquest of political power by the proletariat."
The Communist Manifesto

"Centralization of credit in the banks of the state, by means of a national bank with state capital and an exclusive monopoly."
The Communist Manifesto 5th plank


Quote Originally Posted by RAKIdaRHINO View Post
So government (you, the people) mistreats honest contractors because some people are cheating the system? I would say the cheaters mistreat the system, not the government. The government (you, the people) has no interest in people cheating the system for obvious reasons.
Government is mistreating the people by inflating the Dollar, overtaxing them, giving our hard earned money to bankers that caused they're own problems. also Sen. Feingold admitted that they were defying the wishes of the majority of they're constituents when they voted yes to the unconstitutional bailout. Both Mccain, and Obama voted yes to the bailout, both Mccain and Obama voted yes to the FISA Act, both Mccain and Obama support the Violent Radicalization and Homegrown Terrorism Prevention Act, both Mccain and Obama voted yes to the Patriot Act.

The Patriot Act is unconstitutional, because it violates the United States Constitution Fourth Amendment.
The Home Grown Terrorist Act is unconstitutional, because it violates the First Amendment.
The FISA Act is unconstitutional, because it violates the Fourth Amendment.
Therefore if either Mccain, or Obama were to become president. When they get to the part where they take the following oath: "I do solemnly swear that I will faithfully execute the office of President of the United States, and will to the best of my ability, preserve, protect and defend the Constitution of the United States." It will be a lie, they have broken the oath before even becoming president, and plan to break the oath further.

For the record, one way the bailout violates the United States Constitution is in article 1 section 7 paragraph 1 .
As for the government representing the people, in modern times it does not
do a good job at all of representing the people obviously.


Quote Originally Posted by RAKIdaRHINO View Post
How is it limiting the american dream? You can always get more money.. Youll never reach a point were making more money wont give you more money. And why cant those who are living the american dream help others get a shot at living the same dream? =)
It is limiting the american dream. By heavily taxing the 250k range, and everyone else except the bankers by inflation. We will end up with a classless society of equally poor people, with a wealthy ruling elite.
I am still looking into it to confirm, but from what I have heard Obama will increase taxes on the below 250k income too. However there is always the chance he is lying about not taxing the below 250k income folk.
After all he has lied about us needing the bailout, not accepting lobby
money, the fact he is a communist socialist, and a marxist leninist.

Mccain is also a Marxist Lenninist, although more subtle than Obama.
This bank bailout can essentially be categorized as Nationalized Losses, and I believe also collectivized losses which are basically the same thing except collectivized losses can be a little more broad in meaning I think.

"The passing of state power from one class to another is the first, the principal, the basic sign of a revolution, both in the strictly scientific and in the practical political meaning of that term. To this extent, the bourgeois, or the bourgeois-democratic, revolution in Russia is completed."
(Lenin, Letters on Tactics)[1918]

"We will take them without firing a shot."
(Vladimir Lenin)

"They will sell or give us the rope with which we hang them."
(Vladimir Lenin)

In the two quotes above I believe he is referring to the bourgeois.



Quote Originally Posted by RAKIdaRHINO View Post
I love how americans always call everything communist/socialist. And good for you, you know poor people that made it. So do i. But what about the millions of people that dont make it or even have a fair shot at making it? What about the people that are being held down to allow a small minority to soar in the skies?
Quote Originally Posted by RAKIdaRHINO View Post
As for a) retirement funds are usually "pre-paid" in the sense that current workers pay for past workers rather than people paying for their own future retirement. Wasnt really going in to exactly how its paid but in what way its done in the end. Either way you either pay for your own retirement or you paid for someone elses while you were working (and as such deserve having someone pay for yours when its your time to retire)
(only covering gov side of retirement funds obviously)
Quote Originally Posted by RAKIdaRHINO View Post
dka
your telling me the top 1% doesnt have +250k profit/income whatever? If so he is taxing them :)
Thank you for clarifying your statement on social security for me.
With that clarification however, it sounds like what the guy on the video I posted said on Obama's social security plan.

I know that inflation of the Dollar isn't technically a tax in itself, but it does raise the price of everything.
I believe there is a tax for every amount of Dollars the Federal Reserve prints though.
what does que stand for?

" I believe that banking institutions are more dangerous to our liberties than standing armies. Already they have raised up money aristocracy that has set the government at defiance. The issuing power(of money) should be taken from the banks, and restored to Congress and to the people, to whom it belongs."

_Thomas Jefferson

"If the American people ever allow private banks to control the issue of their money, first by inflation and then by deflation, the banks and corporations that will grow up around them will deprive the people of their property until their children will wake up homeless on the continent their fathers conquered."

_Thomas Jefferson

Some of the Sources for some of the Lenin, and Communist Manifesto quotes.(disclaimer if it is not clear already, I am saying it now I am NOT a communist, socialist, or marxist, or anything related. I just read on these subjects to be informed, and for history study.)

http://www.anu.edu.au/polsci/marx/cl...manifesto.html

http://www.marxists.org/