Nice troll...kalm wrote:Huffpoop...Robert 3rd Reich!!!
Now that we have that out of the way, I challenge you "capitalists" to dispute his point.
How many candidates will be discussing these things?
Fess up or turn in your free marketeer card immediately.
http://www.huffingtonpost.com/robert-re ... 35868.html" onclick="window.open(this.href);return false;
Another one you can add to the list is Maria Cantwell refusing to vote for TPP fast track authority unless the Import-Export Bank was re-authorized.Baldy wrote:Nice troll...kalm wrote:Huffpoop...Robert 3rd Reich!!!
Now that we have that out of the way, I challenge you "capitalists" to dispute his point.
How many candidates will be discussing these things?
Fess up or turn in your free marketeer card immediately.
http://www.huffingtonpost.com/robert-re ... 35868.html" onclick="window.open(this.href);return false;
Yeah, it's all the fault of right-wing justices and the Conks in Congress.
Good "progressives" like Adolf Reich coupled with the bureaucratic structure of government (extremely far left-wing)...unelected, ever powerful, faceless unaccountable for their actions regulators.
TARP
Dodd-Frank
Obamacare
ALL designed to consolidate the "free-market" into just a few deep pocked mega players swallowing up their competition.
Gimme a fucking break. What mini-me describes is definitely happening, he just needs to learn to point his stumpy little finger at the true culprits.
It is the Washington "Establishment" culture who is the culprit, and yes, both parties are responsible. BUT for every POS like John McCain or Lindsey Gramnesty, Karl Rove or John Bolton, or Mitch McConnell there are 10 Harry Reids, Nancy Pelosis, John Kerrys, or Tom Wheelers or Lois Lerners out there....elected AND unelected bureaucrats.kalm wrote:Another one you can add to the list is Maria Cantwell refusing to vote for TPP fast track authority unless the Import-Export Bank was re-authorized.Baldy wrote: Nice troll...
Yeah, it's all the fault of right-wing justices and the Conks in Congress.
Good "progressives" like Adolf Reich coupled with the bureaucratic structure of government (extremely far left-wing)...unelected, ever powerful, faceless unaccountable for their actions regulators.
TARP
Dodd-Frank
Obamacare
ALL designed to consolidate the "free-market" into just a few deep pocked mega players swallowing up their competition.
Gimme a fucking break. What mini-me describes is definitely happening, he just needs to learn to point his stumpy little finger at the true culprits.
Both parties have propped up monopolistic practices as Reich mentions with the Justice Department-bank settlement in the beginning of the piece. I also wouldn't be surprised if he backs Clinton in this election.
But you're not suggesting this is purely a Democratic issue or that "free market", conservative captains of industry are somehow opposed to it are you?
Well, lets start with Sheldon Adelson who's spent 100's of millions on preventing internet gambling because…free market!!!Baldy wrote:It is the Washington "Establishment" culture who is the culprit, and yes, both parties are responsible. BUT for every POS like John McCain or Lindsey Gramnesty, Karl Rove or John Bolton, or Mitch McConnell there are 10 Harry Reids, Nancy Pelosis, John Kerrys, or Tom Wheelers or Lois Lerners out there....elected AND unelected bureaucrats.kalm wrote:
Another one you can add to the list is Maria Cantwell refusing to vote for TPP fast track authority unless the Import-Export Bank was re-authorized.
Both parties have propped up monopolistic practices as Reich mentions with the Justice Department-bank settlement in the beginning of the piece. I also wouldn't be surprised if he backs Clinton in this election.
But you're not suggesting this is purely a Democratic issue or that "free market", conservative captains of industry are somehow opposed to it are you?
Please point me to some conservative "captains of industry" out there. They are about as rare as a Giant Squid.
Look at all the big players out there now...Comcast and Google (in Reich's blog), Amazon, Apple, almost all of Silicon Valley, TV, entertainment, and yes even Wall Street all primarily Donks..."progressives".
For every Sheldon Adelson you have 3 or 4 George Soros'...Larry Pages, Sergey Brins, Jeff Bezos', Elon Musks, Mark Zukerbergs...etc. etc. etc.kalm wrote:Well, lets start with Sheldon Adelson who's spent 100's of millions on preventing internet gambling because…free market!!!Baldy wrote: It is the Washington "Establishment" culture who is the culprit, and yes, both parties are responsible. BUT for every POS like John McCain or Lindsey Gramnesty, Karl Rove or John Bolton, or Mitch McConnell there are 10 Harry Reids, Nancy Pelosis, John Kerrys, or Tom Wheelers or Lois Lerners out there....elected AND unelected bureaucrats.
Please point me to some conservative "captains of industry" out there. They are about as rare as a Giant Squid.
Look at all the big players out there now...Comcast and Google (in Reich's blog), Amazon, Apple, almost all of Silicon Valley, TV, entertainment, and yes even Wall Street all primarily Donks..."progressives".
But yes please tell me more about how the business world is now controlled by progressives and how the conservatives are champions of competition and busting monopolies.
In Washington’s coming budget battles, sacred cows like the tax deductions for home mortgage interest and charitable donations are likely to be on the table along with potential cuts to Social Security and Medicare.
But no one on Capitol Hill believes Wall Street’s beloved carried-interest tax loophole will be touched.
Don’t blame the newly elected Republican Congress.
...
Senator Charles Schumer (D-New York), one of those who argued against closing it, said the US “shouldn’t do anything” to “make it easier for capital and ideas to flow to London or anywhere else.” As if Wall Street needed an $11 billion annual bribe to stay put.
To find the real reason Democrats didn’t close the loophole, follow the money. Wall Street is one of the Democratic party’s biggest contributors.
The Street donated $49.1 million to Democrats in 2010, according to the nonpartisan Center for Responsive Politics. Hedge-fund managers alone accounted for $5.88 million of the total. Schumer and a few other influential Democrats were among the industry’s major beneficiaries.
Wall Street has continued to be generous to Democrats (as well as to Republicans).
...
Wall Street was the fourth-largest contributor to Barack Obama’s presidential campaign in 2008, and is already gearing up for Hillary Clinton’s 2016 run.
Hedge fund and private equity managers are donating generously to Priorities USA Action, a super PAC dedicated to getting her elected.
The hedge fund Renaissance Technologies has contributed $4 million to date. D.E. Shaw, another fund, has donated over $1 million. Khosla Ventures and Soros Fund Management have donated $1 million each.
Many Wall Street financiers have donated $25,000 (intended to be the maximum contribution) to the Ready for Hillary super PAC.
Robert Wolf, the former president of UBS’ investment bank who now has his own advisory boutique, told “Politico” that six in 10 Wall Street types are Democrats, and that “when and if she decides to run, [Hillary Clinton is] going to have an incredible support foundation from Wall Street.”
The party of big business...full speed ahead!!!Baldy wrote:For every Sheldon Adelson you have 3 or 4 George Soros'...Larry Pages, Sergey Brins, Jeff Bezos', Elon Musks, Mark Zukerbergs...etc. etc. etc.kalm wrote:
Well, lets start with Sheldon Adelson who's spent 100's of millions on preventing internet gambling because…free market!!!
But yes please tell me more about how the business world is now controlled by progressives and how the conservatives are champions of competition and busting monopolies.
You don't do too well when you stray from the talking points, kalm.
Wall Street bankers, Hedge Fund Managers....Donks to the bone. Jamie Dimon, Lloyd Blankfein, Tom Steyer, Warren Buffett...the list goes on forever.
Reading comprehension is fundamental. I never said the business world was controlled by Donks. The small business world is Conktopia, your neighborhood hardware store, the corner car lot, the restaurant down the road, the guy who fixes your leaky pipes. Those are the evil Conks you love to hate so much. Your friends are the Wall Street Bankers, Hedge Fundies, and the majority of Corporate 'Murica...
You don't believe me, take it from The 3rd Reich himself...
Wall Street's Democrats
In Washington’s coming budget battles, sacred cows like the tax deductions for home mortgage interest and charitable donations are likely to be on the table along with potential cuts to Social Security and Medicare.
But no one on Capitol Hill believes Wall Street’s beloved carried-interest tax loophole will be touched.
Don’t blame the newly elected Republican Congress.
...
Senator Charles Schumer (D-New York), one of those who argued against closing it, said the US “shouldn’t do anything” to “make it easier for capital and ideas to flow to London or anywhere else.” As if Wall Street needed an $11 billion annual bribe to stay put.
To find the real reason Democrats didn’t close the loophole, follow the money. Wall Street is one of the Democratic party’s biggest contributors.
The Street donated $49.1 million to Democrats in 2010, according to the nonpartisan Center for Responsive Politics. Hedge-fund managers alone accounted for $5.88 million of the total. Schumer and a few other influential Democrats were among the industry’s major beneficiaries.
Wall Street has continued to be generous to Democrats (as well as to Republicans).
...
Wall Street was the fourth-largest contributor to Barack Obama’s presidential campaign in 2008, and is already gearing up for Hillary Clinton’s 2016 run.
Hedge fund and private equity managers are donating generously to Priorities USA Action, a super PAC dedicated to getting her elected.
The hedge fund Renaissance Technologies has contributed $4 million to date. D.E. Shaw, another fund, has donated over $1 million. Khosla Ventures and Soros Fund Management have donated $1 million each.
Many Wall Street financiers have donated $25,000 (intended to be the maximum contribution) to the Ready for Hillary super PAC.
Robert Wolf, the former president of UBS’ investment bank who now has his own advisory boutique, told “Politico” that six in 10 Wall Street types are Democrats, and that “when and if she decides to run, [Hillary Clinton is] going to have an incredible support foundation from Wall Street.”
If that's all you can come up with, the shoe must fit like a glove.kalm wrote:The party of big business...full speed ahead!!!
Yes, the Democratic Party is now the party of big business because big business has turned progressive?Baldy wrote:If that's all you can come up with, the shoe must fit like a glove.kalm wrote:The party of big business...full speed ahead!!!
What?kalm wrote:Yes, the Democratic Party is now the party of big business because big business has turned progressive?Baldy wrote: If that's all you can come up with, the shoe must fit like a glove.
The Republican Party is the party of Main Street populism and fights anti-trust.
(I actually find some truths in both of these statements.
* some)
My impression is that interest rates on loans are pretty darned low.Wall Street's five largest banks now account for 44 percent of America's banking assets - up from about 25 percent before the crash of 2008 and 10 percent in 1990. That means higher fees and interest rates on loans,
