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Old January 28th, 2003, 07:10 AM
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Fyron Fyron is offline
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Default Re: OT: Rating the President

Quote:
Originally posted by rextorres:
quote:
Originally posted by Imperator Fyron:
quote:
Originally posted by tesco samoa:
Hey why is america slowly becoming a monarchy ???

I mean... a few select families are running that country now... and have been for the Last 30 years...
Umm... not really. Just because one person happened to be elected who had a father that was president doesn't mean the country is turning into a monarchy.
Without debating whether they deserve it or not -1% of the people owning 70% of the wealth arguably constitutes an oligarchy if not a monarchy.

No, I don't think it was that high. Do you still have that link to the IRS report?
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Old January 28th, 2003, 07:48 AM

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Default Re: OT: Rating the President

Quote:
Originally posted by Imperator Fyron:
quote:
Originally posted by rextorres:
Without debating whether they deserve it or not -1% of the people owning 70% of the wealth arguably constitutes an oligarchy if not a monarchy.
No, I don't think it was that high. Do you still have that link to the IRS report?
Sorry it's top 10% own 70% of the wealth.

http://www.ufenet.org/research/wealth_charts.html

You guys have sold me all those poor people aren't paying there fair share. Since everyone who earns less than 50k a year gets a free ride (according to the chart below) we should find a way to have them pay off all the free stuff they are getting like (police, use of roads, education, cheap food, fire department, etc.)

This is the tax chart.

http://www.irs.gov/pub/irs-soi/00in01rt.xls

[ January 28, 2003, 06:02: Message edited by: rextorres ]
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Old January 28th, 2003, 08:19 AM
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Default Re: OT: Rating the President

Quote:
You guys have sold me all those poor people aren't paying there fair share.
I never said that. I said that middle class and above pay too much taxes. Too much money is collected in taxes as it is.
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Old January 28th, 2003, 08:29 AM

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Default Re: OT: Rating the President

I agree with you a 100%! We should privitize everything.

[ January 28, 2003, 06:30: Message edited by: rextorres ]
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Old January 28th, 2003, 10:30 AM
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Default Re: OT: Rating the President

Quote:
Originally posted by rextorres:
I agree with you a 100%! We should privitize everything.
Eh?
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Old January 30th, 2003, 07:43 AM
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Default Re: OT: Rating the President

Huh... I finally looked at this thread to see if there was anything interesting. Looks like there was one interesting thing, now there's another. A bit of a whodunnit. I would like to reply to the most recent comment by Instar on the president's performance. You can stop wondering why the prez keeps proposing stuff that's bad for the economy. We've seen it all before as Reagonomics. The plan is, you cut taxes, especially to the wealthiest (funny coincidence there). Then you explode defense spending. At this point a strange phenomenon called "no money for domestic spending" occurs. This has the "unintended" consequence of crashing social programs like welfare, education, civil rights monitoring, environmental regulation, etc., etc., etc. And there you have it! Calling your opponents names makes it all go down easier.

Oh, yeah, about the distribution of wealth thingy, 70 percent controlling ten percent sounds bad, but when you look at global wealth distribution, it doesn't seem like any big deal. And that's just dollars. There's no way to measure political control, but from where I sit, I'd guess that the distribution of political influence in America is a lot worse than the 70% for 10% split in money. Kinda creepy.
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Old January 30th, 2003, 09:23 AM
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Default Re: OT: Rating the President

Anyone happen to have saved a Version of the thread before it was slashed? We could easily pick up from there.
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