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  1. #21
    If you stopped to actually learn something you might not post these uninformed posts.
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    You need to see the bigger picture, why the rich gets richer and the middle class thinner. This is exactly what Ron Paul addresses and no other candidate, it is a flawed Keynesian economic system.

    The middle class and the poor needs to realize that the government is ripping them off by devaluing the currency and bailing out wall.st. As long as there is a powerful government that can do this there will always be politicians that wants to cash in on it. The solution is to reduce the power of the government so that its powers can not be bought.

  2. #22
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    Tell me test whats the business model for building and maintaining interstate highways? I mean the government surely can do no right and is the source of all evil.

  3. #23
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    The government should definitely not have the power to prevent total global economic catastrophe.

  4. #24
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    Quote Originally Posted by Mazmaz View Post
    The government should definitely not have the power to prevent total global economic catastrophe.
    Silly government causes global economic catastrophe dont you know?

  5. #25
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    Same way they made the pyramids, the community comes together and makes it

    j/k, there will be good quality highways when there is a demand for it. Just like telecommunication companies build fiber cables across the country. And if you trust the market, it will be cheaper then if it went through a bureaucracy. Just remember, in the past 50% of the cost went to hire people to sit in the toll booths.

  6. #26
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    Quote Originally Posted by test123 View Post
    j/k, there will be good quality highways when there is a demand for it. Just like telecommunication companies build fiber cables across the country. And if you trust the market, it will be cheaper then if it went through a bureaucracy. Just remember, in the past 50% of the cost went to hire people to sit in the toll booths.
    I don't know if this was a clever remark or if it needs to be corrected. Maybe I just live in the part of the country where the telecom companies only care about maximizing profits while shoving everybody they can (and more) on an aging and inefficient infrastructure instead of upgrading or expanding while there is more than enough demand for said upgrades.

  7. #27
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    Quote Originally Posted by test123 View Post
    You can't be comparing a disadvantaged meat packer to a successful hedge fund manager. Besides the lower 50% of the entire US population only pays about 1.85% of the total federal income tax.
    Yes and that's a travesty. No one disagrees with you... But it helps to know why that's the case.

    It's because they're too poor to qualify for federal income tax. Lucky them amirite?

  8. #28
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    You misunderstand me, I don't think its a bad thing the poor don't pay more, infact I wish they paid less, even nothing in income tax. My point is, the system in the US today is not working for the poor, neither socialism in Europe. And communism failed pretty hard, so what is left? Libertarianism is the way to go.

  9. #29
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    Saying "socialism doesn't work for the poor in Europe" sure sounds like something that a person who has never been to Sweden or Norway would say. Those places have huge and thriving and relatively easy to attain middle classes.

  10. #30
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    Quote Originally Posted by test123 View Post
    Just remember, in the past 50% of the cost went to hire people to sit in the toll booths.
    So you're saying it'd be cheaper to not collect money from the people that use the roads, but to instead have them send in the money on their own, via taxes?

  11. #31
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    Quote Originally Posted by test123 View Post
    You need to see the bigger picture, why the rich gets richer and the middle class thinner. This is exactly what Ron Paul addresses and no other candidate, it is a flawed Keynesian economic system.

    The middle class and the poor needs to realize that the government is ripping them off by devaluing the currency and bailing out wall.st. As long as there is a powerful government that can do this there will always be politicians that wants to cash in on it. The solution is to reduce the power of the government so that its powers can not be bought.
    Here is why arguing this point is so frustrating. You get it partly correct which makes you think you are right. Now, with that said, think about it a little more. Is the government the ONLY group that is fucking middle and lower class people (and I admit, they totally do)? Nope. Companies do it too, all the fucking time. Just like the Viacom/SatelliteTV issue going on right now. Who suffers? The fucking people do. Every. Damn. Time.

  12. #32
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    Quote Originally Posted by Seraph View Post
    Companies do it too, all the fucking time. Just like the Viacom/SatelliteTV issue going on right now. Who suffers? The fucking people do. Every. Damn. Time.
    You got it the other way around, we punish the companies by going to a competitor. Every dollar spent on a company is like a vote, you vote for the best company on the market. If you are unhappy with the market and think you should get more for your dollars, start your own and do a better job.

  13. #33
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    Quote Originally Posted by test123 View Post
    You got it the other way around, we punish the companies by going to a competitor. Every dollar spent on a company is like a vote, you vote for the best company on the market. If you are unhappy with the market and think you should get more for your dollars, start your own and do a better job.
    I like how you assume there is always competition.

  14. #34
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    Quote Originally Posted by test123 View Post
    If you are unhappy with the market and think you should get more for your dollars, start your own and do a better job.
    Except only the rich can do that.

  15. #35
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    Quote Originally Posted by test123 View Post
    The middle class and the poor needs to realize that the government is ripping them off by devaluing the currency and bailing out wall.st. As long as there is a powerful government that can do this there will always be politicians that wants to cash in on it. The solution is to reduce the power of the government so that its powers can not be bought.
    http://noahpinionblog.blogspot.com/2...or-people.html

  16. #36
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    I want to pull the murder lever on this thread.

  17. #37

    Now remember, your salary went up when inflation happened. So now, it takes you much less work to pay off your mortgage:
    When was the last time salaries increased in accordance with cost of living?

  18. #38
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    Quote Originally Posted by Churchill View Post
    When was the last time salaries increased in accordance with cost of living?
    Since forever; CPI and nominal income have always been correlated.

  19. #39
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    Quote Originally Posted by Churchill View Post
    When was the last time salaries increased in accordance with cost of living?
    The example isn't perfect, he was just giving a simple model to get a point across. I haven't done any economic research in a while, but as far as I remember wages and inflation are correlated.

    http://www.clevelandfed.org/research...01infpri-2.gif


    Edit: Cadsuane beat me to it.

  20. #40
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    Except interest rates account for inflation. Though of course sudden deflation would still be really bad for the poor/midle class.