Obama - First Black President

[Tristam]

why do people like to talk about the mythological welfare queen so much?

Because noone likes to think that there are people with advanced degrees busting their ass 50-60 hrs/week with no overtime pay making under 50k/year who just might be able to spend a little more or pay off their fucking student loans with a tax break. It's the arrogance or sense of entitlement of the wealthy, once they surround themselves with people in their income bracket, it's only a matter of time until they just lose touch with reality. There's a feeling that simply because you make so much money, you automatically deserve it.

The welfare queen is a stereotype that enables them to justify their greed.

[Dimmauk]

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[Senoska]

I think it's great the right is PISSED about Obama, now they know how the rest of the population thought about THEIR policies for 8 years.

[Drako]

The flaw in your argument is that you're equating innovation and entrepreneurism with "hard-work"...that entrepreneur isn't doing it alone...he's not a single rock in an ocean. There's an entire society helping him, and he's just lucky enough to be in a position to take advantage of that for personal advancement. The people who work for him are working just as hard(if not more so) as him, but because he is the one in charge he's earning a disproportionate amount of wealth relative to what he's contributing. That's ignoring all the people not working for him that helped him get to that point(all the public servants, educators, and other small businesses on which he relies on).

He's just in a position to manipulate as I said previously, it doesn't mean he's actually shouldering more of a burden as you imply. The concept that leaders "deserve" more is the fundamental flaw in the modern notion of capitalism. Leading is a job just like any other, and the people who do it should be doing it because they're good at it, not because it gives them disproportionate amount of benefits.

You are pretty much failing to realize how hard is to create something from nothing.

Start a business and try to profit and you will see how hard it is, most of the time you will spend a lot more than you earn and nobody works for free, if you company starts to make less where do you think the money to pay the employees will come from?

It takes huge risks to start any business, and also requires, vision, timing, luck, good administration..
most of the time these are qualities that hard-work-no-education people simply DONT HAVE! and if you DONT HAVE something, you dont deserve the benefits of people that DO HAVE this things.

Its like (in ffxi terms), a black mage that just joined the LS, has 100 dkp and gets a ridill against a warrior that has 500 dkp! It simply does not compute in any way you see.

Is it fair someone that spent 100k to start a company, runs it (even if it SEEMS like hes working less, because most of the time this is not true at all) gets the same salary as any employee ?

IMO its right just the way it is now, the system works fine this way and any attempt to change it will probably ruin it.

[Senoska]

Also, let the shops begin.
http://img148.imageshack.us/img148/6...8408791av3.jpg
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[SwampdonkeyPLD]

Go figure, Obama wins and stocks drop.

[0ni0n]

Jeez, there's gonna be about 10-15% tax increase for people who are making more than 2.5 million a year, it won't break the capital system and the rich certainly won't starve due to the increased taxes. The most influential tax reform we will probably have under the Obama administration is a 5% increase in corporate gains tax, from the current 15% to the proposed 20%. Again, it will have some adverse effects on businesses' financial gains over all, but it's not a detriment. Like obama says, we will have to make some scarifice if we were to fix most the problems that we have, such as healthcare, social security, budget deficits, etc. To put that into perspective, we are still light years away from the Scandinavian countries' aggressive tax system where the tax rates are approaching 45%, 50%.

[Aerin]

I think it's great the right is PISSED about Obama, now they know how the rest of the population thought about THEIR policies for 8 years.

Just woke up, and I still want to go out and celebrate.

[Drako]

Jeez, there's gonna be about 10-15% tax increase for people who are making more than 2.5 million a year, it won't break the capital system and the rich certainly won't starve due to the increased taxes. The most influential tax reform we will probably have under the Obama administration is a 5% increase in corporate gains tax, from the current 15% to the proposed 20%. Again, it will have some adverse effects on businesses' financial gains over all, but it's not a detriment. Like obama says, we will have to make some scarifice if we were to fix most the problems that we have, such as healthcare, social security, budget deficits, etc. To put that into perspective, we are still light years away from the Scandinavian countries' aggressive tax system where the tax rates are approaching 45%, 50%.

or developing countries like Brazil where is also around 50% and we dont get shit back, meaning they are just stealing most of it.


dont complain, you could be in worst situation

[Pikarya]

http://imgshack.info/images/mgiybu6kop4d5alke9.jpg

[Aerin]

Go figure, Obama wins and stocks drop.

I know right, look at the Dow right now. It's plummeted down 100 points, I'm not sure how I will sleep tonight if it stays that way. Especially because you know if McCain won it would have skyrocketed.

[Senoska]

100 points on the dow isn't that much, specially in the morning.. theres trade all day.

[bombard]

Because noone likes to think that there are people with advanced degrees busting their ass 50-60 hrs/week with no overtime pay making under 50k/year who just might be able to spend a little more or pay off their fucking student loans with a tax break. It's the arrogance or sense of entitlement of the wealthy, once they surround themselves with people in their income bracket, it's only a matter of time until they just lose touch with reality. There's a feeling that simply because you make so much money, you automatically deserve it.

The welfare queen is a stereotype that enables them to justify their greed.

False. Where was my hand when I was on financial hardships when I was in the military due to bad personal decisions? Working part time at Lowe's to pay my rent. I didn't ask for anyone's help, nor would I have. My problem, my solution. And busting ass 50-60 hours a week? Please. You're doing so to benefit yourself. If you say otherwise then you're lying. Student crying about working hard to get them through school should re-evaluate themselves. Instead of 'whydoIhavetoworksohardandrichkidsdont' think "wow, I didn't know I was capable of being such a hard working person." Whining about working hard for minimal short term benefits but bountiful opportunities down the road is just plain ignorant.

Calling all 'rich' people arrogant is also arrogant. Worry about what you can control in your life, not how others should be helping you and you'll be just fine.

[Dimmauk]

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[0ni0n]

100 points on the dow isn't that much, specially in the morning.. theres trade all day.

Just wait until the EU central bank cuts rate this week or early next week while the Fed is also considering more discretionary rate cuts in the coming months, should the economy take a turn for the worse.

funnies

I chuckled.

[Skeelo]

This just in Fubu has merged with kentuck fried chicken...wow didnt see this coming.

"chappell show"

[Dimmauk]

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[Airenn]

Obama's gonna have the most hardcore sex tonight

TMI for the readers, but I totally had Obama victory sex last night before his speech.

Watched the speech nekkid.


Being serious though, I loved the speech, I really did. I think being serious right then is what he needed. He gave a little lightheartedness before and after, but someone said he's the leader of our country now/soon --

And I think he showed he was serious about the presidency and us.

Someone said it was lacking, too -- Again, imo, it wasn't lacking, it was simple. Understanadble and hopeful and right then, that's what he needed to drive it home.

I'll freely admit, I shed a tear, I'm really looking forward to these next years. It was the first time in my life that I felt like there was something worth voting for.

[Izzy]

Obviously, there's a lot of buzz going around my office about the election. My office heavily favored Obama. I spoke with some African-Americans here in my office, and apparently there's some sort of idea going around their communities that Obama is going to give Blacks special treatment or something.

Kind of ignorant if you ask me Q_Q

[Deejay]

If you figure that not being ignored is special treatment, then yeah I agree.