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Posted by: chuckhoffmann ()
Date: September 12, 2010 05:36AM

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Edited 4 time(s). Last edit at 04/16/2013 12:03PM by chuckhoffmann.

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Re: Steal From the Rich and Give to the... Rich?
Posted by: mattva1981 ()
Date: September 12, 2010 07:54AM

Redistribution of wealth = socialism. If you desire to live in a socialistic society, bring your happy ass to Canada.

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Posted by: chuckhoffmann ()
Date: September 12, 2010 09:17AM

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Edited 4 time(s). Last edit at 04/16/2013 12:03PM by chuckhoffmann.

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Re: Steal From the Rich and Give to the... Rich?
Posted by: superman ()
Date: September 12, 2010 09:18AM

mattva1981 Wrote:
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> Redistribution of wealth = socialism. If you
> desire to live in a socialistic society, bring
> your happy ass to Canada.


and if you're muslim you're a terrorist
and if you're black you're a thief/druggy/pimp
and if you're a redneck you're married to a sibling and missing your front teeth

typical dumb american.

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Re: Steal From the Rich and Give to the... Rich?
Posted by: Radiophile ()
Date: September 12, 2010 11:12AM

Socialism has been much in the news for some months. Recently, some GOP stalwarts charged President Obama with preaching the heresy. John Boehner, the House minority leader, characterized Obama’s stimulus package as, “one big down payment on a new American socialist experiment.â€

“Socialism†is a pejorative term in American politics and needs to be carefully examined. It usually refers to increased government control over the economy, or policies that promote the redistribution of wealth.

There is no doubt that President Obama’s economic measures, passed and proposed, will raise tax rates on the richest Americans to pay for increased government funding of health care, green energy and education.

So the new president is indeed a redistributionist, but so was Ronald Reagan, except that Obama’s plans will transfer wealth from the rich to the poor, whereas Reagan’s bills transferred wealth from the poor and the middle class to the opulent.

In fact, Obama’s measures are puny, whereas Reagan’s were massive. If the Democrat is a “small†socialist, Reagan was the Great American Socialist.

Let’s go back to the early 1980’s. In 1981, Reagan signed a law that sharply reduced the income tax for the wealthiest Americans and corporations.

The president asserted his program would create jobs, purge inflation and, get this, trim the budget deficit.

However, following the tax cut, the deficit soared from 2.5 percent of GDP to over 6 percent, alarming financial markets, sending interest rates sky high, and culminating in the worst recession since the 1930’s.

INTEREST RATES

Soon the president realized he needed new revenues to trim the deficit, bring down interest rates and improve his chances for reelection. He would not rescind the income tax cut, but other taxes were acceptable.

In 1982, taxes were raised on gasoline and cigarettes, but the deficit hardly budged. In 1983, the president signed the biggest tax rise on payrolls, promising to create a surplus in the Social Security system, while knowing all along that the new revenue would be used to finance the deficit.

The retirement system was looted from the first day the Social Security surplus came into being, because the legislation itself gave the president a free hand to spend the surplus in any way he liked.

Thus began a massive transfer of wealth from the poor and the middle class, especially the self-employed small businessman, to the wealthy. The self-employment tax jumped as much as 66 percent.

In 1986, Reagan slashed the top tax rate further. His redistributionist obsession led to a perversity in the law. The wealthiest faced a 28 percent tax rate, while those with lower incomes faced a 33 percent rate; in addition, the bottom rate climbed from 11 percent to 15 percent.

For the first time in history, the top rate fell and the bottom rate rose simultaneously. Even unemployment compensation was not spared. The jobless had to pay income tax on their benefits.

A year later, the man who would not spare unemployment compensation from taxation called for a cut in the capital gains tax.

Thus, Reagan was a staunch socialist, totally committed to his cause of wealth redistribution towards the affluent.How much wealth transfer has occurred through Reagan’s policies? At least $3 trillion.

DEFICITS

The Social Security hike generated over $2 trillion in surplus between 1984 and 2007, and if it had been properly invested, say, in AAA corporate bonds it could have earned another trillion by now.

At present, the fund is empty, because it has been used up to finance the federal deficits resulting from frequent cuts in income tax rates. If this is not redistribution of wealth from the poor to the rich, what else is?

Thus, Reagan was the first Republican socialist - and a great one, because his wealth transfer occurred on a massive scale. His accomplishment dwarfs even FDR’s, and if today the small businessman suffers a crippling tax burden, he must thank Reagan the redistributionist.

However, FDR took pains to help the poor, while Reagan took pains to help the wealthiest like himself.

Reagan’s measures were similar to those that the Republicans adopted during the 1920s, which were followed by the catastrophic depression. More recently, such policies were mimicked by President George W. Bush and they are about to plunge the world into a depression as well.

Ironically, the Reagan-style socialism or wealth redistribution is about to destroy monopoly capitalism, the very system that he wanted to preserve and enrich.

Wake up America and elect leaders with a heart - not those who would tax your unemployment benefits and cut the capital gains tax.

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Re: Steal From the Rich and Give to the... Rich?
Posted by: To what end? ()
Date: September 12, 2010 12:01PM

chuckhoffmann Wrote:
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> This will lead to the largest transfer of private
> property into private hands in history, and
> finally break the stranglehold that corporations
> have over this country- they own all the nicest
> places!

Can't eat or spend land. What's the point? We needs jobs.

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Posted by: chuckhoffmann ()
Date: September 12, 2010 10:16PM

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Edited 3 time(s). Last edit at 04/16/2013 12:03PM by chuckhoffmann.

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Re: Steal From the Rich and Give to the... Rich?
Posted by: TELL THAT ()
Date: September 12, 2010 10:22PM

chuckhoffmann Wrote:
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> Well, I think unwinding 100+ years of real estate
> transactions to figure out who owns what should
> provide a few jobs.

As far as I know the lawyers are doing fine.

> And real wealth derives from owning land, which is
> why you should only let a real person own land.

Tell that to the people upside down in their real estate.

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Posted by: chuckhoffmann ()
Date: September 13, 2010 01:26AM

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Edited 5 time(s). Last edit at 04/16/2013 12:07PM by chuckhoffmann.

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Re: .
Posted by: eesh ()
Date: October 11, 2010 06:04AM

It would appear Chuckhoffmann has deleted all his posts.

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Re: .
Posted by: MrMephisto ()
Date: October 11, 2010 09:02AM

eesh Wrote:
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> It would appear Chuckhoffmann has deleted all his
> posts.

Probably to keep his legion of followers from finding out he's a d-bag. He doesn't realize how counter-intuitive that is.

If people searching for his blog find this site, they won't see what he said to trigger the negative responses. No option to read what he wrote and decide for themselves if Chuck's the asshole or the rest of us are. All they'll see now is that he posted, and we called him a dick over something he wrote.

Not a good PR move.

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13 4826 0948 82695 25847. Yes.

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Re: .
Posted by: Britdrnva~ ()
Date: October 11, 2010 09:45AM

Chuck Hoffman - I thought you had bigger balls on here than that. No one really cares what any of us post, except ourselves. Going about deleting all your posts - to what end? As Mr.Mephisto wrote tis counter intuitive to hide things - people will obviously look and are not easily fooled. Stand up for yourself and let your words remain for all to see. Don't run from yourself.

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Re: .
Posted by: Troll@AOL ()
Date: October 11, 2010 11:20AM

Pediophile wrote :
> "Reagan was a HOLLYWOOD actor turned politician.
> FDR was a Liberal Democrat-Socialist who gave black people the
> reperations [rep-ray-shins] they cry for to this day by forming our
> current welfare system that blacks have abused for generations now.
> We kindly have added illegal immigrants to that roster."

EXCELLENT POINT PEDIOPHILE !

==================================================================================
"Why don't you LOSERS just pack your flower print DOUCHE BAGS
and get your stoopid @$$#$ THE FUCK OFF MY INTERNETZ!"

- 'philscamms' (the YT Watchdog) ; internet & YouTube® extraordinaire.

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Re: .
Posted by: Harry Tuttle ()
Date: October 11, 2010 02:21PM

I, too, thought you were better than that, Chaz.

Signatures are for fags

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Re: Steal From the Rich and Give to the... Rich?
Posted by: Capt. Obvious ()
Date: October 11, 2010 02:32PM

Radiophile Wrote:
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> long ass cut-n-paste

Let me tell you about another "-ism," plagiarism. At least give the author proper credit through attribution. You must have been taking pointers from Joe Biden or something.

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Re: .
Posted by: 496 ()
Date: October 11, 2010 02:32PM

Reminds me of 2 other douche bags who deleted all their posts on FFXU.



Edited 1 time(s). Last edit at 10/11/2010 02:32PM by 496.

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Re: .
Posted by: the truth ()
Date: October 11, 2010 03:26PM

496 Wrote:
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> Reminds me of 2 other douche bags who deleted all
> their posts on FFXU.


eesh deleted those posts

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