Did you guys ever think that Americans would want to spread the wealth?

gtc08 · Nov 2, 2008

the eventual goal would be a marxist communist society under marx's teachings. way more theoretical functions of marx's teachings though instead of practices like north korea and russia.

Fav10 · Nov 2, 2008

The sad thing is the taxes will be skirted by the rich, their tax lawyers will find loopholes and breaks, while the working "middle class" like me will end up footing the bill.....................Too bad not many people believe in the "Fair Tax Plan".

asufan550 · Nov 2, 2008

gtc08 said:
the eventual goal would be a marxist communist society under marx's teachings. way more theoretical functions of marx's teachings though instead of practices like north korea and russia.

You should kill yourself.

jvittetoe · Nov 2, 2008

asufan550 said:
No. We should do all we can to accelerate the foreclosures. That way, people who can actually afford the houses will have an opportunity to buy them and they won't be punished for others' stupidity/irresponsibility. Nobody is going to bail me out if I decide to take a loan for 800+% more than I make in a year and then lose it all in the market or on another "investment." Houses should only be an investment in the sense that it creates a guard against inflation by fixing one's housing cost. Our economy should not be dependent on housing prices. When it is, as evidenced by the current situation, the only option is failure. We need more personal responsibility in this country. The money being spent during the "boom" wasn't real money--it's time to remove the stigma of renting and stop advocating spending on credit.

This guy gets it.

Having read most of these posts, its clear far too many people just do not understand economics. To me, the idea of robbing Peter (at gunpoint/ by INVOLUNTARY means, taxation ) to give to Paul is morally corrupt. Welfare is a means of control by the state. If you subscribe to government programs, you are being held hostage by their promise to take care of you. The state and it's compartmentalized bureaucracies are inept when it comes redistributing wealth. Private enterprise is far more capable of providing for its fellow man than ANY (Republic, Democracy, Socialism, and for god sake communism. ) form of government. For example, the Katrina disaster. Habitat for Humanity has done 1000x more for that community than it's local, state and federal governments combined. Your government couldn't even provide drinking water.

For a fresher on how economics works, www.mises.org is a wonderful place to start.