This is scary but could it happen here...?

[Army_of_One]

Originally Posted by JayhawkMom

Bill and Melinda Gates also give back alot of money through their foundation, which supports improving education in inner city schools, helping under privileged kids get to college, etc. They make a lot, but they give back a lot as well.................

for tax breaks I'm sure...Buffet does the same...People that make that kind of money HAVE to give. It helps with taxes and it helps their public image.

[Bubba]

Originally Posted by Army_of_One

Last time I checked the stock market, mutual funds, cd, savings accounts etc that produce capital gains was open to EVERYONE.

While in essence that is true, but you will find that the middle class after paying their mortgage, fuel, electricity bill, gas bill, food bill, insurance, etc. have no money left to invest in these things. It is the rich that still have money left after the bills are paid to buy stocks.

Originally Posted by Army_of_One

Is it fair that the guy who is successful pays healthcare for the guy who dropped out of school and smokes weed daily?

Is it fair that a person can drink whiskey and do cocaine, but since his daddy is/was Director of CIA/Vice-President/President, that he can get out of serving in Vietnam and then go on to become President himself? Just because of who his daddy was and that they have money?

[Bubba]

Originally Posted by Army_of_One

He's winning...meaning he's made money off of the little guy. Would you say Bill Gates has made his BILLIONS off of the little guy? I would say somewhat......but that doesn't make it bad for someone to make a lot of money.

What income would you consider someone to be wealthy Bubba?

You would pick that part out instead of the most important part of his quote...

Mr. Buffett...paid far, far less as a fraction of his income than the secretaries or the clerks or anyone else in his office.

[JayhawkMom]

Originally Posted by Army_of_One

for tax breaks I'm sure...Buffet does the same...People that make that kind of money HAVE to give. It helps with taxes and it helps their public image.

I believe some of them WANT to give......rather than HAVE to give

[The Drifter]

I dunno Army may have a point here...He has proven in many posts that he is a master economist, real estate salesman, political scientist, etcetera, etcetera.

[JayhawkMom]

Originally Posted by The Drifter

I dunno Army may have a point here...He has proven in many posts that he is a master economist, real estate salesman, political scientist, etcetera, etcetera.

LMFAO!!! Nice........

[Army_of_One]

Originally Posted by The Drifter

I dunno Army may have a point here...He has proven in many posts that he is a master economist, real estate salesman, political scientist, etcetera, etcetera.

I am a master of nothing....NEVER profess to be and probably never will be. That is why I like hearing everyone's opinion here...(mostly). Most people have something good to offer in way of opinion. Others just write pointless comments offering no opinion or solution. I like to hear peoples takes on topics whether that solution or opinion is something workable or something anyone agree's with....

....and your point of this post was what Drifter?

[TexKan]

I am the MASTER of pointless comments!!!!!!

[Highwayman]

Originally Posted by Bubba

I believe you also need to re-read what Warren Buffet said in that post. Pay particular attention to this quote by him about the tax that the rich pay.

I read it the first time. A one man survey in his office. Hardly something to base public policy on.

Originally Posted by Bubba

...Is it fair that a person can drink whiskey and do cocaine, but since his daddy is/was Director of CIA/Vice-President/President, that he can get out of serving in Vietnam and then go on to become President himself? Just because of who his daddy was and that they have money?

It’s every bit as fair as making a commitment to ROTC to serve and then skipping the country to avoid it and then going on to be President and giving press conferences with a bright red “snow nose”. What does it have to do with good tax policy?

[The Drifter]

Well if you're no expert in everything, then you build a strong case for it without having to say it.

For the Master Economist check here:
This is scary but could it happen here...?
Post #1 is a good example "Forgive these people for they know not what they do!!!"
Real Estate Saleman here:
How's your flood insurance?
Post #12 is a good example "Nothing in Dodge short of a casino will ever drive the housing prices up....Buying a house here is like buying swamp land in Florida or Desert in California..."
For the Politcal Scientist check any of the threads around Election day.

Purpose of that post as well as many others, is to point out truths as i see them. I like to call people on BS and also call them out when they don't point out both sides. Any good english instructor will tell you you won't be credible if you don't point out the counter points.