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RE: Do you like tomatoes, strawberries, peaces...peppers ? - 2/28/2017 11:36:07 PM   
Edwird


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quote:

ORIGINAL: MrRodgers
Still what you have is not on point and I am confident you do...get my point.


I'm sure I do , and sincere thanks for all the data.

I'm just disinclined to be one-sided about it, not that I'm accusing you of that.

All I was saying is that people making some millions of dollars for their efforts are not the problem.

People attaining $26 million bonuses for wrecking the financial system and the national economy and destroying wealth of individuals and the nation is the problem.

There are better and less destructive ways to making 10-20 million dollars for those who feel the need, as many have proven.





< Message edited by Edwird -- 2/28/2017 11:49:29 PM >

(in reply to MrRodgers)
Profile   Post #: 41
RE: Do you like tomatoes, strawberries, peaces...peppers ? - 3/1/2017 12:18:52 AM   
Edwird


Posts: 3558
Joined: 5/2/2016
Status: offline 		Let's think about this.

If one has ten million in investible assets (i.e., the expensive house house is paid for, or otherwise out of consideration above the ten million), 5% return on investment would gain you $500,000 a year, before taxes, hard to imagine less than $400,000 after taxes if having any accountant worth his salt.

That from a fairly conservative investment portfolio.

Take it further, and it's 3% to get $300,000 a year, before taxes, at worst, 200,000 after taxes.

Tell me again why people too are too too stupid to figure out how to live off of $200k/yr. after tax deserve our sympathy? The biggest whiners make 10 or 20 times that after tax, to put the final point to it.

There is only so much stupidity and only so much whining any nation's tax/revenue system, or any society at all, while we're at it, can support.







< Message edited by Edwird -- 3/1/2017 12:40:23 AM >

(in reply to Edwird)
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RE: Do you like tomatoes, strawberries, peaces...peppers ? - 3/1/2017 12:38:47 AM   
Termyn8or


Posts: 18681
Joined: 11/12/2005
Status: offline 		FR

Know what ? Something just occurred to me.

Why do we care ?

Think about this seriously. When you are talking about watermelon pickers, most USians do not WANT those jobs.

They are a PITA, you get paid by the produce and you must pick it, cut it off with a knife or whatever, and you get like fifty cents per watermelon. Really motivated workers CAN mak money. Good money Slackers make less. Piecework is what it is called. I know a guy who made over fifty grand a year making faucets, and this was quite some time ago. Fifty grand a year meant something back then.

But that is how these people work. Trump ran on getting rid of this "problem" which is not really much of a problem at all. They are not here to steal from you or rape your Women, all the want is to get paid for their labor. I can't fault them for that, can you ?

The one thing they do is that in a /CERTAIN part of the job market they provide a surplus that depresses wages in the market. Well folks, if you are a Wall street banker, or a job shop machinist, or something like that, none of this affects you.

T^T

(in reply to Edwird)
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RE: Do you like tomatoes, strawberries, peaces...peppers ? - 3/1/2017 12:55:25 AM   
Edwird


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Joined: 5/2/2016
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You are correct in stating that imported workers reduce the wage in the US.
No argument. No question. Just basic international economics, I can't even recall the name of the chart.

It is also true that bankers and loan brokers cost the country 5 million homes and more than 8 million jobs, 11.5 million if looking at it from the full-time equivalent.

So yeah, Mexicans and South/Central Americans vs. Wall Street and So Cal mortgage brokers . . .

I'll just leave it off there.




< Message edited by Edwird -- 3/1/2017 1:22:48 AM >

(in reply to Termyn8or)
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RE: Do you like tomatoes, strawberries, peaces...peppers ? - 3/1/2017 4:27:12 AM   
thompsonx


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ORIGINAL: Termyn8or

"You pass the office and see people either applying for or on food stamps with the latest smart phone, tablet or what have you, the parking lot is full of late model cars and pick ups, and you have to ask yourself, "If they are on foodstamps cause they cant afford food, how the fuck can they afford a $500 smart phone and a new fucking car?" "

You see what you wish to see.



(in reply to Termyn8or)
Profile   Post #: 45
RE: Do you like tomatoes, strawberries, peaces...peppers ? - 3/1/2017 5:29:23 AM   
Edwird


Posts: 3558
Joined: 5/2/2016
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quote:

ORIGINAL: Edwird
You are correct in stating that imported workers reduce the wage in the US.
No argument. No question. Just basic international economics, I can't even recall the name of the chart.

It is also true that bankers and loan brokers cost the country 5 million homes and more than 8 million jobs, 11.5 million if looking at it from the full-time equivalent.

So yeah, Mexicans and South/Central Americans vs. Wall Street and So Cal mortgage brokers . . .

I'll just leave it off there.


Oh yeah, and several trillions of dollars and conservative estimates of 170,000+ civilians killed for the ME invasions in service to the oil industry, and several more trillions of dollars for the bailouts and economic mop-up duties for the 'financial services' industry.

Our munificence to the haves-a-bunch-already knows no bounds, and we know that there is fuckall we can do to change it, so bitching about the have-nots is our only recourse.

Thy cry of abject impotence, such a sad song.




< Message edited by Edwird -- 3/1/2017 5:46:51 AM >

(in reply to Edwird)
Profile   Post #: 46
RE: Do you like tomatoes, strawberries, peaces...peppers ? - 3/1/2017 6:09:32 AM   
Edwird


Posts: 3558
Joined: 5/2/2016
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quote:

ORIGINAL: Edwird

Tell me again why people too are too too stupid to figure out how to live off of $200k/yr. after tax deserve our sympathy?


-why people who are too stupid to figure out ...

Missed that one, dammit.

Too too caught up in the moment, I guess.



< Message edited by Edwird -- 3/1/2017 6:15:39 AM >

(in reply to Edwird)
Profile   Post #: 47
RE: Do you like tomatoes, strawberries, peaces...peppers ? - 3/1/2017 8:15:03 AM   
MrRodgers


Posts: 10542
Joined: 7/30/2005
Status: offline 		You all post on a different subject. I speak to the obvious legal and financial favoritism shown the corporation. the antithesis of a free country and the last authoritarian organization in a free society and a govt. that grants immoral exemptions for liability, financial and even deadly criminal.

Then in addition to all of that, a society forced by its rent-seekers, to give welfare in the billion$ in immoral favors to this aberration of society. Those trillion$ over time would have much better spent on science, research, and society at large and not on the opulent few, that does nothing in return for and does not serve that same society .

_____________________________

You can be a murderous tyrant and the world will remember you fondly but fuck one horse and you will be a horse fucker for all eternity. Catherine the Great

Under capitalism, man exploits man. Under communism, it's just the opposite.
J K Galbraith

(in reply to Edwird)
Profile   Post #: 48
RE: Do you like tomatoes, strawberries, peaces...peppers ? - 3/1/2017 8:26:32 AM   
Musicmystery


Posts: 30259
Joined: 3/14/2005
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quote:

ORIGINAL: Edwird

Let's think about this.

If one has ten million in investible assets (i.e., the expensive house house is paid for, or otherwise out of consideration above the ten million), 5% return on investment would gain you $500,000 a year, before taxes, hard to imagine less than $400,000 after taxes if having any accountant worth his salt.

That from a fairly conservative investment portfolio.

Take it further, and it's 3% to get $300,000 a year, before taxes, at worst, 200,000 after taxes.

Tell me again why people too are too too stupid to figure out how to live off of $200k/yr. after tax deserve our sympathy? The biggest whiners make 10 or 20 times that after tax, to put the final point to it.

There is only so much stupidity and only so much whining any nation's tax/revenue system, or any society at all, while we're at it, can support.







Because these people have undue influence in politics.

(in reply to Edwird)
Profile   Post #: 49
RE: Do you like tomatoes, strawberries, peaces...peppers ? - 3/1/2017 9:29:05 AM   
MrRodgers


Posts: 10542
Joined: 7/30/2005
Status: offline
quote:

ORIGINAL: Musicmystery


quote:

ORIGINAL: Edwird

Let's think about this.

If one has ten million in investible assets (i.e., the expensive house house is paid for, or otherwise out of consideration above the ten million), 5% return on investment would gain you $500,000 a year, before taxes, hard to imagine less than $400,000 after taxes if having any accountant worth his salt.

That from a fairly conservative investment portfolio.

Take it further, and it's 3% to get $300,000 a year, before taxes, at worst, 200,000 after taxes.

Tell me again why people too are too too stupid to figure out how to live off of $200k/yr. after tax deserve our sympathy? The biggest whiners make 10 or 20 times that after tax, to put the final point to it.

There is only so much stupidity and only so much whining any nation's tax/revenue system, or any society at all, while we're at it, can support.







Because these people have undue influence in politics.

They and others have even more...free speech in the bank. Our founding fathers never argued for or even came close to codifying, that property (money) was speech.

One could even argue that it is a complete misnomer to suggest that free speech creates a 'marketplace' of ideas. Strictly defining that concept would mean that ideas are...bought and sold.

_____________________________

You can be a murderous tyrant and the world will remember you fondly but fuck one horse and you will be a horse fucker for all eternity. Catherine the Great

Under capitalism, man exploits man. Under communism, it's just the opposite.
J K Galbraith

(in reply to Musicmystery)
Profile   Post #: 50
RE: Do you like tomatoes, strawberries, peaces...peppers ? - 3/1/2017 9:33:15 AM   
MrRodgers


Posts: 10542
Joined: 7/30/2005
Status: offline
quote:

ORIGINAL: Musicmystery


quote:

ORIGINAL: Edwird

Let's think about this.

If one has ten million in investible assets (i.e., the expensive house house is paid for, or otherwise out of consideration above the ten million), 5% return on investment would gain you $500,000 a year, before taxes, hard to imagine less than $400,000 after taxes if having any accountant worth his salt.

That from a fairly conservative investment portfolio.

Take it further, and it's 3% to get $300,000 a year, before taxes, at worst, 200,000 after taxes.

Tell me again why people too are too too stupid to figure out how to live off of $200k/yr. after tax deserve our sympathy? The biggest whiners make 10 or 20 times that after tax, to put the final point to it.

There is only so much stupidity and only so much whining any nation's tax/revenue system, or any society at all, while we're at it, can support.







Because these people have undue influence in politics.

But even then, he refers to as I understand the post, 1040 income tax, not corporate, carried interest or capital gains tax. So again...not on point at all.

_____________________________

You can be a murderous tyrant and the world will remember you fondly but fuck one horse and you will be a horse fucker for all eternity. Catherine the Great

Under capitalism, man exploits man. Under communism, it's just the opposite.
J K Galbraith

(in reply to Musicmystery)
Profile   Post #: 51
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