Obama: People who earn more are merely "Society's lottery winners"

[bripat9643]

The tactic of the mega rich is to get the struggling middle class to blame the poor for their problems rather than the class who is getting progressively richer

How are the rich responsible for any of the problems of the poor?

 

[bripat9643]

A bit of a generalization, but yeah for many of them. That one day of course was the day they were born. Do hedge-fund managers and Romney types play an indispensable role in society? Of course not.

Yes they do, numskull. The allocate capital to its most productive use.

I'm not aware of any hedge fund manager who was born wealthy. 85% of millionaires earned their money.

 

[bripat9643]

President Obama referred yesterday to the wealthy as "society's lottery winners", as though the only reason they were wealthy is because they got lucky one time. No mention of years of training, hard work, risks, 20-hour workdays, failure, recovery, and eventual success.

It's just more of the same attempt to pretend there's nothing wrong with taking they money and resources from those who earned them.

Private people who do this are called "thieves", and are prosecuted and jailed as they deserve.

Public people who do the same are called "liberals", and are immune from the prosecution and jail terms they deserve.

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

Keying on poverty Obama suggests high earners hit lottery

Keying on poverty, Obama suggests high earners hit 'lottery'

By Angela Greiling Keane BLOOMBERG NEWS
Updated today at 4:03 a.m.

WASHINGTON -- Unless Democrats and Republicans can agree to raise taxes on the earnings of hedge-fund and private-equity managers, there is little chance the nation can make a meaningful dent in poverty, President Barack Obama said Tuesday.

Obama, whose long-standing proposal to raise taxes on what is known as carried interest has gained little traction in Congress, said fairness demands that the nation's wealthiest pitch in as more and more Americans are falling behind.

"If I were able to close that loophole, I'd be able to invest in early-childhood education," Obama said Tuesday. "If we can't ask from society's lottery winners to make that modest investment, then really this conversation is for show."

The president has often said the wealthiest Americans must make sacrifices to better life for poorer people. In addition to urging higher taxes for investment managers, he questioned whether the pay of some corporate chief executives is justified.

Obama, whose long-standing proposal to raise taxes on what is known as carried interest has gained little traction in Congress, said fairness demands that the nation's wealthiest pitch in as more and more Americans are falling behind.

"If I were able to close that loophole, I'd be able to invest in early-childhood education," Obama said Tuesday. "If we can't ask from society's lottery winners to make that modest investment, then really this conversation is for show."

I can see why our conservatives are outraged

The last thing this country needs is another government program. It's not an "investment" except in the sense of creating more Democrats.

 

[rightwinger]

The tactic of the mega rich is to get the struggling middle class to blame the poor for their problems rather than the class who is getting progressively richer

How are the rich responsible for any of the problems of the poor?

Well.....primarily they utilized their sweat and labor while they reaped huge profits. Instead of investing back into the cities and manufacturing infrastructure, they kept short term profits
Then they abandoned the cities and left the poor with nothing

 

[rightwinger]

President Obama referred yesterday to the wealthy as "society's lottery winners", as though the only reason they were wealthy is because they got lucky one time. No mention of years of training, hard work, risks, 20-hour workdays, failure, recovery, and eventual success.

It's just more of the same attempt to pretend there's nothing wrong with taking they money and resources from those who earned them.

Private people who do this are called "thieves", and are prosecuted and jailed as they deserve.

Public people who do the same are called "liberals", and are immune from the prosecution and jail terms they deserve.

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

Keying on poverty Obama suggests high earners hit lottery

Keying on poverty, Obama suggests high earners hit 'lottery'

By Angela Greiling Keane BLOOMBERG NEWS
Updated today at 4:03 a.m.

WASHINGTON -- Unless Democrats and Republicans can agree to raise taxes on the earnings of hedge-fund and private-equity managers, there is little chance the nation can make a meaningful dent in poverty, President Barack Obama said Tuesday.

Obama, whose long-standing proposal to raise taxes on what is known as carried interest has gained little traction in Congress, said fairness demands that the nation's wealthiest pitch in as more and more Americans are falling behind.

"If I were able to close that loophole, I'd be able to invest in early-childhood education," Obama said Tuesday. "If we can't ask from society's lottery winners to make that modest investment, then really this conversation is for show."

The president has often said the wealthiest Americans must make sacrifices to better life for poorer people. In addition to urging higher taxes for investment managers, he questioned whether the pay of some corporate chief executives is justified.

Obama, whose long-standing proposal to raise taxes on what is known as carried interest has gained little traction in Congress, said fairness demands that the nation's wealthiest pitch in as more and more Americans are falling behind.

"If I were able to close that loophole, I'd be able to invest in early-childhood education," Obama said Tuesday. "If we can't ask from society's lottery winners to make that modest investment, then really this conversation is for show."

I can see why our conservatives are outraged

The last thing this country needs is another government program. It's not an "investment" except in the sense of creating more Democrats.

It involves taxing all income not providing another huge loophole for the rich to hide money
Don't like early education? How about infrastructure?

 

[bripat9643]

The tactic of the mega rich is to get the struggling middle class to blame the poor for their problems rather than the class who is getting progressively richer

How are the rich responsible for any of the problems of the poor?

Well.....primarily they utilized their sweat and labor while they reaped huge profits. Instead of investing back into the cities and manufacturing infrastructure, they kept short term profits
Then they abandoned the cities and left the poor with nothing

Almost all the money the rich have is invested. If it wasn't, they wouldn't stay rich for very long. The poor were paid for their sweat and labor. It wasn't a gift.

 

[bripat9643]

President Obama referred yesterday to the wealthy as "society's lottery winners", as though the only reason they were wealthy is because they got lucky one time. No mention of years of training, hard work, risks, 20-hour workdays, failure, recovery, and eventual success.

It's just more of the same attempt to pretend there's nothing wrong with taking they money and resources from those who earned them.

Private people who do this are called "thieves", and are prosecuted and jailed as they deserve.

Public people who do the same are called "liberals", and are immune from the prosecution and jail terms they deserve.

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

Keying on poverty Obama suggests high earners hit lottery

Keying on poverty, Obama suggests high earners hit 'lottery'

By Angela Greiling Keane BLOOMBERG NEWS
Updated today at 4:03 a.m.

WASHINGTON -- Unless Democrats and Republicans can agree to raise taxes on the earnings of hedge-fund and private-equity managers, there is little chance the nation can make a meaningful dent in poverty, President Barack Obama said Tuesday.

Obama, whose long-standing proposal to raise taxes on what is known as carried interest has gained little traction in Congress, said fairness demands that the nation's wealthiest pitch in as more and more Americans are falling behind.

"If I were able to close that loophole, I'd be able to invest in early-childhood education," Obama said Tuesday. "If we can't ask from society's lottery winners to make that modest investment, then really this conversation is for show."

The president has often said the wealthiest Americans must make sacrifices to better life for poorer people. In addition to urging higher taxes for investment managers, he questioned whether the pay of some corporate chief executives is justified.

Obama, whose long-standing proposal to raise taxes on what is known as carried interest has gained little traction in Congress, said fairness demands that the nation's wealthiest pitch in as more and more Americans are falling behind.

"If I were able to close that loophole, I'd be able to invest in early-childhood education," Obama said Tuesday. "If we can't ask from society's lottery winners to make that modest investment, then really this conversation is for show."

I can see why our conservatives are outraged

The last thing this country needs is another government program. It's not an "investment" except in the sense of creating more Democrats.

It involves taxing all income not providing another huge loophole for the rich to hide money
Don't like early education? How about infrastructure?

All income is already taxed. I wouldn't necessarily oppose taxing this money at the same rate as normal income, but only if other taxes are decreased so the result is revenue neutral.

I don't like anything the government does. It's all a huge swindle.

 

[rightwinger]

The tactic of the mega rich is to get the struggling middle class to blame the poor for their problems rather than the class who is getting progressively richer

How are the rich responsible for any of the problems of the poor?

Well.....primarily they utilized their sweat and labor while they reaped huge profits. Instead of investing back into the cities and manufacturing infrastructure, they kept short term profits
Then they abandoned the cities and left the poor with nothing

Almost all the money the rich have is invested. If it wasn't, they wouldn't stay rich for very long. The poor were paid for their sweat and labor. It wasn't a gift.

The wealthy have pulled their money out of our country and left the poor with no place to use their sweat and labor
In addition, they trashed our economy and were bailed out by the taxpayers because they were too big to fail. The wealthy have since seen $25 trillion in recovered wealth.......almost none went to struggling workers

 

[bripat9643]

The tactic of the mega rich is to get the struggling middle class to blame the poor for their problems rather than the class who is getting progressively richer

How are the rich responsible for any of the problems of the poor?

Well.....primarily they utilized their sweat and labor while they reaped huge profits. Instead of investing back into the cities and manufacturing infrastructure, they kept short term profits
Then they abandoned the cities and left the poor with nothing

Almost all the money the rich have is invested. If it wasn't, they wouldn't stay rich for very long. The poor were paid for their sweat and labor. It wasn't a gift.

The wealthy have pulled their money out of our country and left the poor with no place to use their sweat and labor

That's not true, but even if it was, if government made the USA an attractive place to invest, the money would come flooding in. If capital flees the country, you can blame the government. However, the fact is that investment money still pours into this country from all over the world.

In addition, they trashed our economy and were bailed out by the taxpayers because they were too big to fail. The wealthy have since seen $25 trillion in recovered wealth.......almost none went to struggling workers

Politicians trashed the economy, and they are the ones who bailed out corporations. Turds like you always find a way to blame the wealthy for the crimes of politicians.

 

[rightwinger]

The tactic of the mega rich is to get the struggling middle class to blame the poor for their problems rather than the class who is getting progressively richer

How are the rich responsible for any of the problems of the poor?

Well.....primarily they utilized their sweat and labor while they reaped huge profits. Instead of investing back into the cities and manufacturing infrastructure, they kept short term profits
Then they abandoned the cities and left the poor with nothing

Almost all the money the rich have is invested. If it wasn't, they wouldn't stay rich for very long. The poor were paid for their sweat and labor. It wasn't a gift.

The wealthy have pulled their money out of our country and left the poor with no place to use their sweat and labor

That's not true, but even if it was, if government made the USA an attractive place to invest, the money would come flooding in. If capital flees the country, you can blame the government. However, the fact is that investment money still pours into this country from all over the world.

In addition, they trashed our economy and were bailed out by the taxpayers because they were too big to fail. The wealthy have since seen $25 trillion in recovered wealth.......almost none went to struggling workers

Politicians trashed the economy, and they are the ones who bailed out corporations. Turds like you always find a way to blame the wealthy for the crimes of politicians.

Corporations were bailed out by the taxpayers. We took the risk....they reaped the profits
None managed to "trickle down" to the workers

 

[bripat9643]

How are the rich responsible for any of the problems of the poor?

Well.....primarily they utilized their sweat and labor while they reaped huge profits. Instead of investing back into the cities and manufacturing infrastructure, they kept short term profits
Then they abandoned the cities and left the poor with nothing

Almost all the money the rich have is invested. If it wasn't, they wouldn't stay rich for very long. The poor were paid for their sweat and labor. It wasn't a gift.

The wealthy have pulled their money out of our country and left the poor with no place to use their sweat and labor

That's not true, but even if it was, if government made the USA an attractive place to invest, the money would come flooding in. If capital flees the country, you can blame the government. However, the fact is that investment money still pours into this country from all over the world.

In addition, they trashed our economy and were bailed out by the taxpayers because they were too big to fail. The wealthy have since seen $25 trillion in recovered wealth.......almost none went to struggling workers

Politicians trashed the economy, and they are the ones who bailed out corporations. Turds like you always find a way to blame the wealthy for the crimes of politicians.

Corporations were bailed out by the taxpayers. We took the risk....they reaped the profits
None managed to "trickle down" to the workers

Politicians are the ones who made the decision to bail them out, moron, especially Democrat politicians. Most Republicans voted against the bailouts.

 

[Flash]

Obama's stupid comments is nothing more than a variation of the old commie bullshit that you can only be successful because the government makes you that way.

Of course The Hildabest did win the lottery when the stupid broad married a sleazeball that became President and she was able to parley that in the creation of the Clinton Crime Syndicate that produced great wealth so maybe Obama is on to something.

 

[rightwinger]

Well.....primarily they utilized their sweat and labor while they reaped huge profits. Instead of investing back into the cities and manufacturing infrastructure, they kept short term profits
Then they abandoned the cities and left the poor with nothing

Almost all the money the rich have is invested. If it wasn't, they wouldn't stay rich for very long. The poor were paid for their sweat and labor. It wasn't a gift.

The wealthy have pulled their money out of our country and left the poor with no place to use their sweat and labor

That's not true, but even if it was, if government made the USA an attractive place to invest, the money would come flooding in. If capital flees the country, you can blame the government. However, the fact is that investment money still pours into this country from all over the world.

In addition, they trashed our economy and were bailed out by the taxpayers because they were too big to fail. The wealthy have since seen $25 trillion in recovered wealth.......almost none went to struggling workers

Politicians trashed the economy, and they are the ones who bailed out corporations. Turds like you always find a way to blame the wealthy for the crimes of politicians.

Corporations were bailed out by the taxpayers. We took the risk....they reaped the profits
None managed to "trickle down" to the workers

Politicians are the ones who made the decision to bail them out, moron, especially Democrat politicians. Most Republicans voted against the bailouts.

Who paid the price for the Great Bush Economic collapse?

The first thing corporations did was lay off workers to the tune of 700,000 a month. Then they demanded Government assistance

Once they were bailed out, they paid themselves their huge bonuses and left the workers out to dry. Corporations recovered and saw huge profits none went to the workers who paid the price

 

[bripat9643]

Almost all the money the rich have is invested. If it wasn't, they wouldn't stay rich for very long. The poor were paid for their sweat and labor. It wasn't a gift.

The wealthy have pulled their money out of our country and left the poor with no place to use their sweat and labor

That's not true, but even if it was, if government made the USA an attractive place to invest, the money would come flooding in. If capital flees the country, you can blame the government. However, the fact is that investment money still pours into this country from all over the world.

In addition, they trashed our economy and were bailed out by the taxpayers because they were too big to fail. The wealthy have since seen $25 trillion in recovered wealth.......almost none went to struggling workers

Politicians trashed the economy, and they are the ones who bailed out corporations. Turds like you always find a way to blame the wealthy for the crimes of politicians.

Corporations were bailed out by the taxpayers. We took the risk....they reaped the profits
None managed to "trickle down" to the workers

Politicians are the ones who made the decision to bail them out, moron, especially Democrat politicians. Most Republicans voted against the bailouts.

Who paid the price for the Great Bush Economic collapse?

The first thing corporations did was lay off workers to the tune of 700,000 a month. Then they demanded Government assistance

Once they were bailed out, they paid themselves their huge bonuses and left the workers out to dry. Corporations recovered and saw huge profits none went to the workers who paid the price

Even if that were true, government made it possible. None of that stuff can occur unless politicians approve it. Yet, you don't want to blame the very people who are responsible.

 

[Wyatt earp]

Almost all the money the rich have is invested. If it wasn't, they wouldn't stay rich for very long. The poor were paid for their sweat and labor. It wasn't a gift.

The wealthy have pulled their money out of our country and left the poor with no place to use their sweat and labor

That's not true, but even if it was, if government made the USA an attractive place to invest, the money would come flooding in. If capital flees the country, you can blame the government. However, the fact is that investment money still pours into this country from all over the world.

In addition, they trashed our economy and were bailed out by the taxpayers because they were too big to fail. The wealthy have since seen $25 trillion in recovered wealth.......almost none went to struggling workers

Politicians trashed the economy, and they are the ones who bailed out corporations. Turds like you always find a way to blame the wealthy for the crimes of politicians.

Corporations were bailed out by the taxpayers. We took the risk....they reaped the profits
None managed to "trickle down" to the workers

Politicians are the ones who made the decision to bail them out, moron, especially Democrat politicians. Most Republicans voted against the bailouts.

Who paid the price for the Great Bush Economic collapse?

The first thing corporations did was lay off workers to the tune of 700,000 a month. Then they demanded Government assistance

Once they were bailed out, they paid themselves their huge bonuses and left the workers out to dry. Corporations recovered and saw huge profits none went to the workers who paid the price

Chevy employees got two $5,000 dollar Bonuses after we bailed them out

 

[Flash]

[


Who paid the price for the Great Bush Economic collapse?

It was not the Bush Economic collaspe.

The economy was doing fine during the first six years of Bush's administration even with the trillion dollar hit due to 911.

The economy fell apart when Barney Queerboy, Nancy Peloski and Harry Reid took over the Congress in 2007. Those Democrat chickens from the CRA came home to roost.

The Democrats always screw up the economy when they get power.

Then of course Obama made everything worse when he became President.

Nowadays thanks to the Democrats we have increasing poverty, more people on welfare than ever before, declining family income, very low workforce participation, more people on welfare than are employed and the national debt is over $18 trillion.

 

[rightwinger]

[


Who paid the price for the Great Bush Economic collapse?

It was not the Bush Economic collaspe.

The economy was doing fine during the first six years of Bush's administration even with the trillion dollar hit due to 911.

The economy fell apart when Barney Queerboy, Nancy Peloski and Harry Reid took over the Congress in 2007. Those Democrat chickens from the CRA came home to roost.

The Democrats always screw up the economy when they get power.

Then of course Obama made everything worse when he became President.

Nowadays thanks to the Democrats we have increasing poverty, more people on welfare than ever before, declining family income, very low workforce participation, more people on welfare than are employed and the national debt is over $18 trillion.

The Great Bush Economic Collapse of 2008 was largely due to an ineffective President who was unwilling to acknowledge the pending economic danger and preferred to have....the free marketplace work itself out

Thankfully, our President Obama was elected in time to reverse the Bush collapse

 

[francoHFW]

Boooshie crony regulators allowed PRIVATE toxic assets to be rated A+, bundled, insured, and sold around the world starting in 2002. Change the channel, dingbats.

 

[francoHFW]

[


Who paid the price for the Great Bush Economic collapse?

It was not the Bush Economic collaspe.

The economy was doing fine during the first six years of Bush's administration even with the trillion dollar hit due to 911.

The economy fell apart when Barney Queerboy, Nancy Peloski and Harry Reid took over the Congress in 2007. Those Democrat chickens from the CRA came home to roost.

The Democrats always screw up the economy when they get power.

Then of course Obama made everything worse when he became President.

Nowadays thanks to the Democrats we have increasing poverty, more people on welfare than ever before, declining family income, very low workforce participation, more people on welfare than are employed and the national debt is over $18 trillion.

Total brainwashed idiocy.

 

[Flash]

[

The Great Bush Economic Collapse of 2008 was largely due to an ineffective President who was unwilling to acknowledge the pending economic danger and preferred to have....the free marketplace work itself out

Thankfully, our President Obama was elected in time to reverse the Bush collapse

Sorry Moon Bat but you are simply confused. Bush warned the Democrat bastards but they wouldn't listen.