Why can't Public Assistance increase?

[kaz]

You are correct. I didn't 'set-up'/'create' the trust, my Attorney did.

Yeah - I know. Actually, your parent's attorney set up the trust.

Obviously way more likely than that he did. But he knows so little about businesses and trusts that even if his parents set it up he would know more than that. Everything he has said is straight CEO hate bias from MS-NBC

Yet, you haven't proven that I'm wrong. Interesting.

You proved you are wrong

1) You didn't know that you need to pay taxes on the money you take out of your trust to live on or invest in your own portfolio

2) Oh, then you're committing fraud and paying all your bills including mortgage, property and other taxes from your trust using "debit and credit cards" because Nevada doesn't tell the feds

3) You thought your trust needed to pay you a $1 salary to not take money out. You're mixing corporations and trusts because you don't understand them

4) You don't think the CEO needs to care what the strategic direction of growing the company is, it's just a report done by grunt workers

5) You don't think your company needs management at all actually, just good workers

6) Good workers who do what to you is grunt work

7) You don't think the CEO needs to interact with customers, vendors, partners or even his own senior staff, just send e-mails and read reports

You don't know shit about companies, I proved that in spades just by keeping you talking. I'd write a strongly worded letter to MS-NBC how they set you up like a bitch

1) You didn't know that you need to pay taxes on the money you take out of your trust to live on or invest in your own portfolio

It didn't come out of a portfolio. It's a corporate expense.

2) Oh, then you're committing fraud and paying all your bills including mortgage, property and other taxes from your trust using "debit and credit cards" because Nevada doesn't tell the feds

The business of the corporation is to manage the trust. The corporation pays the taxes since the corporation actually touches the monies, not me.

3) You thought your trust needed to pay you a $1 salary to not take money out. You're mixing corporations and trusts because you don't understand them

I'm paid $1.00/yr by my company which qualifies me for benefits.

4) You don't think the CEO needs to care what the strategic direction of growing the company is, it's just a report done by grunt workers

I never wrote that. I stated that the information gathered is done by others, NOT the CEO.

5) You don't think your company needs management at all actually, just good workers

I never write that.

6) Good workers who do what to you is grunt work

?

7) You don't think the CEO needs to interact with customers, vendors, partners or even his own senior staff, just send e-mails and read reports

I never wrote I don't interact. I travel about two weeks per month. I don't tend to day-to-day operations, that's why I have a COO/CFO, besides, it's 2016, every Monday morning at 7:00am we have a Skype conference.

Your personal expenses are NOT company expenses. Sure, you can write off a few things, autos, computers, that kind of thing. But not your personal expenses. Your trust cannot pay your personal bills for you and not report it as income. You are such an awful liar, according to you, you're committing major tax fraud on that Nevada isn't going to report you.

No CPA, attorney or trustee would do for you what you claim because they would go to jail too and no one is going to jail for you. According to your own story, you're in jail, that's why you don't work.

You are so full of shit, it's comic.

If I believe your story, you're a criminal tax cheat. Your professional staff are breaching their code of ethics. You're able to put all your expenses in your life on credit and debit cards. And it's all based on that Nevada doesn't report tax cheats to the feds so you're in the clear. Yeah. You're getting skinned alive. There's a point you just need to say you give, we're at that point

 

[OnePercenter]

Ya know. I keep hearing from fake conservatives about how we spend too much on welfare. Welfare would cause taxes to raise. Poor people want to steal more of my money. Blah, blah, blah.

Some interesting statistics:

Finland spends 3.2% of its federal budget on public assistance.

Great Britain spends a little over 4.6%

Israel spends 2.4%

Norway spends a whopping 6.2%.

And the US? 0.7%. That's it.

So, why can't we just increase that to 2%? We can take that 2% away from our bloated military budget. It would still make us the Western nation that spends the least amount of money on their poor, but imagine the massive effect that would have on poverty in this country. And it wouldn't even cost the tax payers one. Red. Cent. more than they are paying, now. Because I'm not suggesting increasing the budget. I'm suggesting giving public assistance a slightly larger piece of the existing budget.

Why is that such an outrageous idea?

It should be 0.0%.

Anytime you want some freeloader getting something I suggest you provide them with a percentage of your money.

We've spent as a country $22 trillion dollars over the past 50 years trying to have a massive effect on poverty. We have today the same percentage of American in poverty as we did before wasting that much.

When the Constitution includes the word food stamps, healthcare, WIC, Section 8 housing, and the like, you'll have a point. As long as it includes a delegated authority of Congress to raise and support a military with funding, you have no argument other than you don't like the amount for which authority is given to spend thinking it should go to something for which no authority exists.

Actually it's worse than that - we have a higher percentage now than we did before. Because government "public assistance" incentivizes people not to work. So they don't.

We have a higher percentage today because of the BushCo economic crash of 2007-2008, which through the efforts of Republicans the middle class hasn't fully recovered.

Yet a number 10 million higher than when Bush left office still live on food stamps despite the claims Obama made about how much he's done.

If Republicans would have put as much effort to help the middle class as Obama we'd not be writing of this.

 

[OnePercenter]

Ya know. I keep hearing from fake conservatives about how we spend too much on welfare. Welfare would cause taxes to raise. Poor people want to steal more of my money. Blah, blah, blah.

Some interesting statistics:

Finland spends 3.2% of its federal budget on public assistance.

Great Britain spends a little over 4.6%

Israel spends 2.4%

Norway spends a whopping 6.2%.

And the US? 0.7%. That's it.

So, why can't we just increase that to 2%? We can take that 2% away from our bloated military budget. It would still make us the Western nation that spends the least amount of money on their poor, but imagine the massive effect that would have on poverty in this country. And it wouldn't even cost the tax payers one. Red. Cent. more than they are paying, now. Because I'm not suggesting increasing the budget. I'm suggesting giving public assistance a slightly larger piece of the existing budget.

Why is that such an outrageous idea?

It should be 0.0%.

Anytime you want some freeloader getting something I suggest you provide them with a percentage of your money.

We've spent as a country $22 trillion dollars over the past 50 years trying to have a massive effect on poverty. We have today the same percentage of American in poverty as we did before wasting that much.

When the Constitution includes the word food stamps, healthcare, WIC, Section 8 housing, and the like, you'll have a point. As long as it includes a delegated authority of Congress to raise and support a military with funding, you have no argument other than you don't like the amount for which authority is given to spend thinking it should go to something for which no authority exists.

Constitutional bloviating aside, if wages would have kept par with costs the $22T figure would have been 90+% less. Thanks to those that voted Republican over the last 50 years, that didn't happen.

Remember: Capitalism is the legitimate racket of the ruling class.

Untrue. Capitalism is the only system whereby a poor clod, such as yourself, can make it big through ideas, work, and initiative. Crony capitalism (also known as fascism) renders the People into two classes. The haves and the have nots. Socialism does the same. ANY collectivist society ultimately bifurcates into a two tier system, a very small elite, and the rest of the poor slobs.

That's why socialism always fails.

From the guy who benefits from national healthcare.

 

[OnePercenter]

Greedy CEO's are the reason we need public assistance AND are the reason we have wage disparity.

Free market capitalism, by it's nature, has no room for greed. Competition sees to this. It's just not even debatable. It's like complaining there are "greedy football players" because they score more points than other football players. Peyton Manning wins the Super Bowl because he was more "greedy" than Cam Newton! This is ridiculous.

We have public assistance because some people need help and we're a benevolent society.

"Wage disparity" is a natural result of a free society with free enterprise and free markets. The keyword here being "freedom." We are FREE to achieve higher wealth status through our skills, talents and efforts. It is only in a closed Marxist system where everyone has essentially the same pot to piss in and that's all they ever have. They are not permitted the freedom to achieve higher wealth status.

Free market is like a marathon race in which we are all participants. Some of us are couch potatoes who don't want to run in the marathon, we'd rather sit on the couch eating Cheetos. Some of us are mediocre runners who participate but we're content with just being in the race. And then, some of us are experienced marathoners who have trained and can compete for the trophy. So, each day, another "leg" of the marathon is run.... at the end of the day, the seasoned runners are going to naturally be ahead of all others. The couch potatoes are naturally going to be in last place. At no point during the marathon will there be a time when the couch potatoes gain ground on the seasoned runners. The "disparity" between the seasoned runners and couch potatoes will constantly grow... it's a natural result of the dynamics.

What people like YOU want to do is hobble the seasoned runners. You feel that we'll all be better off if we take a baseball bat to the ankles of the seasoned runners so the couch potatoes won't get so far behind. MY position is... you'll never solve the "wage disparity" problem because it's natural in a free market system... but you mitigate it by motivating the couch potato. Get them up and running. Even if it seems difficult and slow at first.. .eventually, perhaps they can keep up with the mediocre runners.... heck, they may even excel and one day be a seasoned runner. And the effect this has on the mediocre runner is to motivate him to excel and try to catch the seasoned pros. There may still be a disparity which constantly grows but it grows at a much slower rate. The key is motivation.

There is no free market, and do to greed, there shouldn't be.

 

[Boss]

There is no free market, and do to greed, there shouldn't be.

Proving you lack the basic education to ever be a CEO.

 

[Boss]

There is no free market

What EVERY Marxist-Socialist claims.

 

[OnePercenter]

It's amazing - everything is "grunt work" in your mind. It's amazing how many corporations are paying six-figures for people to do "grunt work". I think we've established that you have no idea what a CEO does.

That was established long ago. one pee pee is only capable of regurgitating talking points. His CEO experience consists of what he has seen in the movies. And none of this has the slightest thing to do with public assistance. How about we get back to that subject.

You're wrong. Greedy CEO's are the reason we need public assistance AND are the reason we have wage disparity.

Bullshit. Greedy CEO's of multinational corporations have bought your politicians and enacted laws that cripple and destroy the small corporations that threaten them. THAT is what has driven people to the poor house, government controls at the behest of their multinational corporate masters, who YOU support. Now go away little flea.

your politicians

I smell a Canadian! Reno, Alberta, Canada.

Are you baked?

I caught him writing the queens English. He's a poser like BriPat.

 

[Conservative65]

That isn't what I asked. I asked how you live

Very well, thank you.

Exactly. Again, you prove you don't know what you are talking about. You said you don't pay taxes, showing you heard about CEOs and trusts on MS-NBC and didn't realize you have to pay taxes on the money you withdraw because Keith Olberman didn't explain that part to you. So with low information, you gave the low information response you don't pay taxes. You're a terrible liar

When did I withdraw money? I use debit and credit cards paid by a Nevada corporation. Nevada doesn't share information with the IRS.

You make $4.5 million and you live on tax fraud. Got it And I thought you were lying ...

Fraud? LOL!!!! It's the Republican tax code.

Ya know. I keep hearing from fake conservatives about how we spend too much on welfare. Welfare would cause taxes to raise. Poor people want to steal more of my money. Blah, blah, blah.

Some interesting statistics:

Finland spends 3.2% of its federal budget on public assistance.

Great Britain spends a little over 4.6%

Israel spends 2.4%

Norway spends a whopping 6.2%.

And the US? 0.7%. That's it.

So, why can't we just increase that to 2%? We can take that 2% away from our bloated military budget. It would still make us the Western nation that spends the least amount of money on their poor, but imagine the massive effect that would have on poverty in this country. And it wouldn't even cost the tax payers one. Red. Cent. more than they are paying, now. Because I'm not suggesting increasing the budget. I'm suggesting giving public assistance a slightly larger piece of the existing budget.

Why is that such an outrageous idea?

It should be 0.0%.

Anytime you want some freeloader getting something I suggest you provide them with a percentage of your money.

We've spent as a country $22 trillion dollars over the past 50 years trying to have a massive effect on poverty. We have today the same percentage of American in poverty as we did before wasting that much.

When the Constitution includes the word food stamps, healthcare, WIC, Section 8 housing, and the like, you'll have a point. As long as it includes a delegated authority of Congress to raise and support a military with funding, you have no argument other than you don't like the amount for which authority is given to spend thinking it should go to something for which no authority exists.

Actually it's worse than that - we have a higher percentage now than we did before. Because government "public assistance" incentivizes people not to work. So they don't.

We have a higher percentage today because of the BushCo economic crash of 2007-2008, which through the efforts of Republicans the middle class hasn't fully recovered.

Yet a number 10 million higher than when Bush left office still live on food stamps despite the claims Obama made about how much he's done.

If Republicans would have put as much effort to help the middle class as Obama we'd not be writing of this.

If Obama was as good as his supporters claim, the number would be way less than the record number during his presidency.

 

[Soggy in NOLA]

There is no free market, and do to greed, there shouldn't be.

Proving you lack the basic education to ever be a CEO.

"do to" What a maroon.

 

[OnePercenter]

Yeah - I know. Actually, your parent's attorney set up the trust.

Obviously way more likely than that he did. But he knows so little about businesses and trusts that even if his parents set it up he would know more than that. Everything he has said is straight CEO hate bias from MS-NBC

Yet, you haven't proven that I'm wrong. Interesting.

You proved you are wrong

1) You didn't know that you need to pay taxes on the money you take out of your trust to live on or invest in your own portfolio

2) Oh, then you're committing fraud and paying all your bills including mortgage, property and other taxes from your trust using "debit and credit cards" because Nevada doesn't tell the feds

3) You thought your trust needed to pay you a $1 salary to not take money out. You're mixing corporations and trusts because you don't understand them

4) You don't think the CEO needs to care what the strategic direction of growing the company is, it's just a report done by grunt workers

5) You don't think your company needs management at all actually, just good workers

6) Good workers who do what to you is grunt work

7) You don't think the CEO needs to interact with customers, vendors, partners or even his own senior staff, just send e-mails and read reports

You don't know shit about companies, I proved that in spades just by keeping you talking. I'd write a strongly worded letter to MS-NBC how they set you up like a bitch

1) You didn't know that you need to pay taxes on the money you take out of your trust to live on or invest in your own portfolio

It didn't come out of a portfolio. It's a corporate expense.

2) Oh, then you're committing fraud and paying all your bills including mortgage, property and other taxes from your trust using "debit and credit cards" because Nevada doesn't tell the feds

The business of the corporation is to manage the trust. The corporation pays the taxes since the corporation actually touches the monies, not me.

3) You thought your trust needed to pay you a $1 salary to not take money out. You're mixing corporations and trusts because you don't understand them

I'm paid $1.00/yr by my company which qualifies me for benefits.

4) You don't think the CEO needs to care what the strategic direction of growing the company is, it's just a report done by grunt workers

I never wrote that. I stated that the information gathered is done by others, NOT the CEO.

5) You don't think your company needs management at all actually, just good workers

I never write that.

6) Good workers who do what to you is grunt work

?

7) You don't think the CEO needs to interact with customers, vendors, partners or even his own senior staff, just send e-mails and read reports

I never wrote I don't interact. I travel about two weeks per month. I don't tend to day-to-day operations, that's why I have a COO/CFO, besides, it's 2016, every Monday morning at 7:00am we have a Skype conference.

Your personal expenses are NOT company expenses. Sure, you can write off a few things, autos, computers, that kind of thing. But not your personal expenses. Your trust cannot pay your personal bills for you and not report it as income. You are such an awful liar, according to you, you're committing major tax fraud on that Nevada isn't going to report you.

No CPA, attorney or trustee would do for you what you claim because they would go to jail too and no one is going to jail for you. According to your own story, you're in jail, that's why you don't work.

You are so full of shit, it's comic.

If I believe your story, you're a criminal tax cheat. Your professional staff are breaching their code of ethics. You're able to put all your expenses in your life on credit and debit cards. And it's all based on that Nevada doesn't report tax cheats to the feds so you're in the clear. Yeah. You're getting skinned alive. There's a point you just need to say you give, we're at that point

Yet you haven't shown how a trust managed by a corporation is cheating. The IRS rule is if you touch the trust monies you owe taxes. I never touch trust funds.

The corporation does pay federal tax, $180,000.00 on $4.5M, or 4%. Which is why the rich and wealthy ALWAYS funnel monies through corporations.

 

[hadit]

What do you do when you run out of other peoples money?

There are billions of trillions of dollars just in investments. If 10% of that was used for investing in people, this would be a better palce.

Now I know you're full of it. There are not sextillions of dollars just in investments.

If I'm wrong than prove it, don't bloviate about it.

I do not have to prove that there are not sextillions of dollars in investments. The entire world is worth hundreds of trillions of dollars, not anywhere close to sextillions. The fact that you are unclear about that tells me you know diddly squat about business, money, or much of anything else. You are quite safely mocked and ignored.

Here ya go.

Here’s all the money in the world, in one chart

From your link: "There is $1.2 quadrillion invested in derivatives alone." I don't know where you took math, but in my world, quadrillions is nowhere close to "billions of trillions".

 

[OnePercenter]

There is no free market

What EVERY Marxist-Socialist claims.

A free market is a market economy based on supply and demand with little or no government control which doesn't exist. As a matter of fact, the definition of business is through regulation.

 

[Boss]

There is no free market

What EVERY Marxist-Socialist claims.

A free market is a market economy based on supply and demand with little or no government control which doesn't exist. As a matter of fact, the definition of business is through regulation.

Well no, you are wrong (again) but Marxist-Socialists have been making this claim for years.

There is no such thing as 100% pure free markets. Just like there is no such thing as 100% pure freedom. That is an idealistic notion that doesn't comport with reality. Our system is a free market, free enterprise, capitalist system. It's brilliantly different than a Marxist-Socialist system or a Feudal System or a Caste System.

Now... the fact that Progressive Socialists have been chipping away at free market capitalism for years in this country, passing more and more regulations and mandates from federal government, doesn't mean the system is not a free market one. It continues to get further away from the principles of free market and that's the gist of our problems. But pointing to the mess Progressives have made of our system and claiming it's not really a free market system is silly. It's like if I took crayons and scribbled all over the Mona Lisa and then claimed it was not a masterpiece.

 

[Jarlaxle]

That was established long ago. one pee pee is only capable of regurgitating talking points. His CEO experience consists of what he has seen in the movies. And none of this has the slightest thing to do with public assistance. How about we get back to that subject.

You're wrong. Greedy CEO's are the reason we need public assistance AND are the reason we have wage disparity.

Bullshit. Greedy CEO's of multinational corporations have bought your politicians and enacted laws that cripple and destroy the small corporations that threaten them. THAT is what has driven people to the poor house, government controls at the behest of their multinational corporate masters, who YOU support. Now go away little flea.

your politicians

I smell a Canadian! Reno, Alberta, Canada.

Are you baked?

I caught him writing the queens English. He's a poser like BriPat.

Stop listening to the voices in your head.

 

[OnePercenter]

There are billions of trillions of dollars just in investments. If 10% of that was used for investing in people, this would be a better palce.

Now I know you're full of it. There are not sextillions of dollars just in investments.

If I'm wrong than prove it, don't bloviate about it.

I do not have to prove that there are not sextillions of dollars in investments. The entire world is worth hundreds of trillions of dollars, not anywhere close to sextillions. The fact that you are unclear about that tells me you know diddly squat about business, money, or much of anything else. You are quite safely mocked and ignored.

Here ya go.

Here’s all the money in the world, in one chart

From your link: "There is $1.2 quadrillion invested in derivatives alone." I don't know where you took math, but in my world, quadrillions is nowhere close to "billions of trillions".

Derivatives are only one investment. Doesn't really matter as I've made my point.

 

[Ray From Cleveland]

If Republicans would have put as much effort to help the middle class as Obama we'd not be writing of this.

And what effort by DumBama might that be, bringing in all these foreigners to take our jobs and keep our wages down?

 

[OnePercenter]

You're wrong. Greedy CEO's are the reason we need public assistance AND are the reason we have wage disparity.

Bullshit. Greedy CEO's of multinational corporations have bought your politicians and enacted laws that cripple and destroy the small corporations that threaten them. THAT is what has driven people to the poor house, government controls at the behest of their multinational corporate masters, who YOU support. Now go away little flea.

your politicians

I smell a Canadian! Reno, Alberta, Canada.

Are you baked?

I caught him writing the queens English. He's a poser like BriPat.

Stop listening to the voices in your head.

I take it 'New England' is actually 'Nova Scotia.' God, how many of you Canadian circus freaks are on here?

 

[OnePercenter]

If Republicans would have put as much effort to help the middle class as Obama we'd not be writing of this.

And what effort by DumBama might that be, bringing in all these foreigners to take our jobs and keep our wages down?

That would be Sheriff Joe not arresting employers because they fund his election campaigns. Obama has deported more illegals than any President, EVER, so your point is a lie.

 

[Conservative65]

If Republicans would have put as much effort to help the middle class as Obama we'd not be writing of this.

And what effort by DumBama might that be, bringing in all these foreigners to take our jobs and keep our wages down?

That would be Sheriff Joe not arresting employers because they fund his election campaigns. Obama has deported more illegals than any President, EVER, so your point is a lie.

Since when does stopping them at the border mean deportation?

 

[Ray From Cleveland]

You're wrong. Greedy CEO's are the reason we need public assistance AND are the reason we have wage disparity.

We don't "need" public assistance, we have public assistance. Big difference.

Wage disparity is due to more Americans finding their dream. We make a new millionaire every day in this country just with lotteries alone. With more things to buy than ever before, those who provide goods and services deserve what they earned.

CEO's have control over the company they work for and not society. CEO's don't provide social programs--Democrats provide social programs.