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LOUD NOISES A place for political mudslinging, Pro/Anti legalization, gay marriage debate, Gun control rants, etc. If it's political, controversial, or hotly debated, it goes here. No regular Off-Topic stuff allowed. READ THE RULES BEFORE POSTING!


 
 
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Old 11-01-2011, 08:25 AM   #11
WanganRunner
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Dissatisfaction <> Demands for handouts

I support a family on a single income and I'm doing fine, I certainly don't want handouts.

That said, I and others are still entitled to bitch about things when we think something is awry, and consequently everyone else is entitled to bitch at us for bitching. Welcome to America.

My personal list:

-The rich get handouts too. Taxing carried interest compensation as capital gains is a handout. I've RECEIVED carried interest as part of my comp back when I was in private equity, and I still support it being taxed as income at a higher rate. This is the best example of a long list.

-Bailout/TARP cash should have come with more strings. Goldman got paid out 100 cents on the dollar and most of it trickled to foreign investors who went and did dumb shit with the money. Lots of it went into huge bonus pools, and lots of it is still sitting in accounts doing no benefit to the economy. If they were only after balance sheet security we should have provided a federal guarantee up to $X instead of actual cash. We didn't do this, we provided cash, so they should either lend it out or deploy it to hire/grow the business, or give it back.

-The Citizens United ruling has created an environment whereby corporations, potentially even foreign ones, can exercise influence well in excess of their "personhood". One vote should be one vote, and yet we have nonvoting entities able to expend limitless dollars in campaign donations? The money needs to come out of politics. All campaigns should be publicly (and modestly) financed and all private contributions, either from corporations or individuals, should be done away with. The only manner of contribution any of us should have should be our one vote.

et cetera.
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