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Message 1158969 - Posted: 5 Oct 2011, 7:20:12 UTC

Occupied it well the other day. Bought EK at $0.80 and sold the next trading day at $1.60. Double the money.

I Love Wall Street, Corporations, and all The Other Bad Seeds of The Financial World.

People should do less Protesting and More Checking The Pps of Companies.

If it is about Greed, then Gimmie Some of It. As stated above-Done.

Anyone can do it. It is there for The Taking.

Union members can do it. College Students can do it. Dem/Libs can do it. Repugs can do it. Anyone can do it.

Thing about The Protesters, every bit of Their Lives is Corporate. Every Bit.

What a Bunch of Crappola is this Occupy Wall Street.

Dull

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Message 1159158 - Posted: 5 Oct 2011, 18:24:22 UTC

Dear 1%, We Fell Asleep For A While. Just Woke Up. Sincerely, The 99%.

So Sad you Fell Under The Spell 99%. The Spell of Greed.

Spending what you don't have. Not Saving. Not Managing Your Finances. Not One Ounce of Frugality. Not reading Contracts or Understanding what you sign. You did go to School, right?

Didn't you listen to Your Grandparents? You know, The Ones who lived through The Depression and Learned? Not that Most People need to have That Example.

It is Common Sense for Us Non-Corporatists. Got Common Sense? No?

Well, then You Deserve What You Sow. Yes, it was You Who Screwed Up.

So, go ahead, Protest Your Own Stupidity and Greed. Because You Are Stupid and Greedy. Heck, you are Human. Still, No Excuse.

So Blame Others. It's The American Way in The 21st Century.

Oh, by the way 99%, we live in An Era of Unprecendented Consumer Protection and Availability of Info and You Still Screw Up. Sad.

So light up a cig, fill your coffee cup and Think About It.

And Oh Yeah, Protest. LOL.

Dull

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Message 1159181 - Posted: 5 Oct 2011, 19:27:22 UTC

Oh Dull' your being horrible, you're most probably right though in what you say...but ohhhhh - your terrible. Still, joyous reading all the same.

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Message 1159230 - Posted: 5 Oct 2011, 22:59:29 UTC
Last modified: 5 Oct 2011, 23:05:16 UTC

American public need to rise and hang every billionare and millionare piece shits in america.

It is horrible reality that 1% remnants of ancient european barons migrated to america own 90% of national wealth there. In clean reality democracy stuffs only used to rob peoples wealth and kept brain washing them for at least 2 centuries.

A few years ago I've read an article from Washington post that a journalist who studied scandinavian society suggested to create a fair society in America like how in Finland speeding ticket fine is based on individuals income base rather than same fine apply to all like in most other countries do but in Finland it is very different that one high income person paid $60 000 for speeding.

Even in current europe those most of barons and dukes have no right to sell their robbed items paintings and properties etc's.
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Message 1159246 - Posted: 6 Oct 2011, 0:14:09 UTC
Last modified: 6 Oct 2011, 0:23:23 UTC

This is a good start: http://www.youtube.com/watch?v=3872FQ8YvO0

I wonder whether the Tahrir Square Cairo revolution, Middle eastern revolutions, Londond riot and now New York Rising all connected some dynamic social movement.

Last winter Wall Street bonus (in reality classic loot) was 130 billion dollars versus maybe 10 000-30 0000 teachers lost their jobs in america.
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Message 1159390 - Posted: 6 Oct 2011, 12:14:30 UTC - in response to Message 1159246.

In the US in recent decades Americas wealthy have campaigned to keep hereditary wealth alive. The whole reason behind estate taxes was to keep people from inheriting massive hereditary wealth thereby eliminating any need to work or educate or be of any use to a society other than lobbying congress to tax them less and spend money in high end shops here and abroad
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Message 1159410 - Posted: 6 Oct 2011, 14:05:28 UTC

Maybe out of G8 supreme empirials union only america has 0% heredity tax. What I heard is in japan heredity tax is 80%.
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Message 1159412 - Posted: 6 Oct 2011, 14:07:20 UTC - in response to Message 1159158.

Dear 1%, We Fell Asleep For A While. Just Woke Up. Sincerely, The 99%.

So Sad you Fell Under The Spell 99%. The Spell of Greed.

Spending what you don't have. Not Saving. Not Managing Your Finances. Not One Ounce of Frugality. Not reading Contracts or Understanding what you sign. You did go to School, right?

Didn't you listen to Your Grandparents? You know, The Ones who lived through The Depression and Learned? Not that Most People need to have That Example.

It is Common Sense for Us Non-Corporatists. Got Common Sense? No?

Well, then You Deserve What You Sow. Yes, it was You Who Screwed Up.

So, go ahead, Protest Your Own Stupidity and Greed. Because You Are Stupid and Greedy. Heck, you are Human. Still, No Excuse.

So Blame Others. It's The American Way in The 21st Century.

Oh, by the way 99%, we live in An Era of Unprecendented Consumer Protection and Availability of Info and You Still Screw Up. Sad.

So light up a cig, fill your coffee cup and Think About It.

And Oh Yeah, Protest. LOL.

Dull
What a load ... .

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Message 1159442 - Posted: 6 Oct 2011, 16:00:44 UTC

Dear 99% who sleep.

One of us 1%'s just passed. He stayed awake. Started in his parent's garage with a hobby. Turned it into the biggest corporation, beat out all the banks and oil companies.

99% if you continue to sit on your rear and expect someone else to make you rich you will continue exactly where you are now. The only person who can make you rich is the one you see in the mirror every morning.

Now deal with the facts of life.

Sincerely,
1%


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Message 1159446 - Posted: 6 Oct 2011, 16:04:53 UTC - in response to Message 1159410.

Maybe out of G8 supreme empirials union only america has 0% heredity tax. What I heard is in japan heredity tax is 80%.

We have an Inheritance tax that Conservatives politely call a death tax. They'd like to eliminate the Inheritance tax altogether. The reduction and 1 year elimination of this tax has seem a major loss in revenue for the Fed.
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Message 1159450 - Posted: 6 Oct 2011, 16:20:47 UTC - in response to Message 1159410.

Maybe out of G8 supreme empirials union only america has 0% heredity tax. What I heard is in japan heredity tax is 80%.


What incentive do I have to bust my ass for my entire life if I can't leave the fruits of my labors to my family? I sure as hell don't want the majority of the it going to the government!

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Message 1159485 - Posted: 6 Oct 2011, 18:02:24 UTC - in response to Message 1159446.

Maybe out of G8 supreme empirials union only america has 0% heredity tax. What I heard is in japan heredity tax is 80%.

We have an Inheritance tax that Conservatives politely call a death tax. They'd like to eliminate the Inheritance tax altogether. The reduction and 1 year elimination of this tax has seem a major loss in revenue for the Fed.


The inheritance tax makes it inconvenient to not have the ill gotten finances, made by the blood sweat and tears of their wage slaves, passed on untouched from generation to generation.

It is so inconvenient to have to continue to provide subsistance to the wage slaves in order to maintain the bulk of such wealth.


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Message 1159488 - Posted: 6 Oct 2011, 18:23:16 UTC - in response to Message 1159485.

ill gotten finances

In you estimation can finances ever not be "ill gotten"?
Is the accumulation of wealth your issue?
In your world is it a requirement to be poor?

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Message 1159500 - Posted: 6 Oct 2011, 19:05:30 UTC - in response to Message 1159488.

ill gotten finances

In you estimation can finances ever not be "ill gotten"?
Is the accumulation of wealth your issue?
In your world is it a requirement to be poor?


The very idea that wealth should be horded within families from generation to generation, at the expense of others is a major issue.

The fact that most of the work creating this wealth is quite often not that of those whom hold the wealth.

Is it possible to be decent to others and wealthy? Certainly. But it is the exception, and not the rule.
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Message 1159507 - Posted: 6 Oct 2011, 19:14:43 UTC

Almost 100% of The 99% have never been Denied The Opportunity to Manage Their Life/Finances in a way which would Benefit Themselves.

Almost All of The 99% have had The Opportunity to Not Screw Up their lives because of Bad Life/Financial Decisions.

No One, Not Government, Not Corporations told them to Spend Too Much, Spend Money they Did Not Have, Not to read/understand anything they signed, to Mis-manage their Life/Finances.

I am glad Most of The 99% who are Protesting are able to take a "Sick" day off from "Work" to be able To "Protest" how "Sick" they are of Corporations/Government.

Certainly Government/Corporations have been Frakking Us Up The Bung Hole Forever and a Day and will continue to do so, No Matter How Much We Protest.

Maybe, just Maybe "Change Will Come to America".

Let's also Hope, The Protesters will "Learn" to Change The Way they Manage their Lives/Finances after they "Win" this Battle.

Getting Duller by The Minute.

Dull

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Message 1159513 - Posted: 6 Oct 2011, 19:31:23 UTC - in response to Message 1159450.
Last modified: 6 Oct 2011, 19:32:37 UTC

Maybe out of G8 supreme empirials union only america has 0% heredity tax. What I heard is in japan heredity tax is 80%.


What incentive do I have to bust my ass for my entire life if I can't leave the fruits of my labors to my family? I sure as hell don't want the majority of the it going to the government!

Soooo you've accumulated more that $6.5 million? I don't see passing ones wealth to our children as benefitting them. I recall the founding fathers being against Hereditary titles and wealth. But I might be mistaken as well or maybe they were
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Message 1159515 - Posted: 6 Oct 2011, 19:36:17 UTC - in response to Message 1159513.
Last modified: 6 Oct 2011, 19:39:08 UTC

Maybe out of G8 supreme empirials union only america has 0% heredity tax. What I heard is in japan heredity tax is 80%.


What incentive do I have to bust my ass for my entire life if I can't leave the fruits of my labors to my family? I sure as hell don't want the majority of the it going to the government!

Soooo you've accumulated more that $6.5 million? I don't see passing ones wealth to our children as benefitting them. I recall the founding fathers being against Hereditary titles and wealth. But I might be mistaken as well or maybe they were


No, I haven't, but what if I did? It should be at my choosing as to what to do with that generated wealth, not forcefully taken by the government. You may not see it as benefiting my children, but I see it as allowing them the freedom to live life without all the financial worries I had... and it would go to more than just my kids. I would give some of it away to charity, but at my choosing and the government isn't a charity.

...and back to: what incentive do I have to begin building a $6.5 million dollar fortune if at the end it's all going to be taken away (assuming a major 80% cut is given to the gov't like that which I quoted in my post).

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Message 1159521 - Posted: 6 Oct 2011, 20:01:45 UTC - in response to Message 1159500.

The fact that most of the work creating this wealth is quite often not that of those whom hold the wealth.

So the Government did the work creating the wealth it holds? Don't think so! Under your rules it must give it all up. But you also want it to get more money it didn't work to create.


Lets go a bit more abstract on you. First remember the inheritance rule about a gift to a person while they are alive counting as inheritance and being subject to the death tax. So you can't give it to them while you are alive or dead. Now for the abstraction. Dad and Mom pay the college tuition of the child. That lets the child earn a lot more over their lifetime. Shouldn't every penny of that extra be taken away as a death tax? Isn't that just the same as handing them the keys to a going business?

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Message 1159547 - Posted: 6 Oct 2011, 20:57:26 UTC

Inheritance tax is different in the UK.

Most estates don't have to pay Inheritance Tax because they're valued at less than the threshold (£325,000 in 2011-12). Since October 2007, married couples and registered civil partners can effectively increase the threshold on their estate when the second partner dies - to as much as £650,000 in 2011-12. Their executors or personal representatives must transfer the first spouse or civil partner's unused Inheritance Tax threshold or 'nil rate band' to the second spouse or civil partner when they die.


That means nil tax for the vast majority

Any gifts you make to individuals will be exempt from Inheritance Tax as long as you live for seven years after making the gift. These sorts of gifts are known as 'Potentially Exempt Transfers' (PETs). However if you give an asset away at any time, but keep an interest in it - for example you give your house away but continue to live in it rent-free - this gift will not be a potentially exempt transfer.


They are talking about changing this.

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Message 1159599 - Posted: 7 Oct 2011, 0:18:25 UTC - in response to Message 1159515.

Maybe out of G8 supreme empirials union only america has 0% heredity tax. What I heard is in japan heredity tax is 80%.


What incentive do I have to bust my ass for my entire life if I can't leave the fruits of my labors to my family? I sure as hell don't want the majority of the it going to the government!

Soooo you've accumulated more that $6.5 million? I don't see passing ones wealth to our children as benefitting them. I recall the founding fathers being against Hereditary titles and wealth. But I might be mistaken as well or maybe they were


No, I haven't, but what if I did? It should be at my choosing as to what to do with that generated wealth, not forcefully taken by the government. You may not see it as benefiting my children, but I see it as allowing them the freedom to live life without all the financial worries I had... and it would go to more than just my kids. I would give some of it away to charity, but at my choosing and the government isn't a charity.

...and back to: what incentive do I have to begin building a $6.5 million dollar fortune if at the end it's all going to be taken away (assuming a major 80% cut is given to the gov't like that which I quoted in my post).


I think Skil might be saying apply the death tax the same way to everyone, regardless of how little or how much one could accumulate in his or her lifetime. Perhaps this is at odds with views he has expressed elsewhere. Maybe the way to go is that the tax should be at a lower rate for those in lower income brackets? But I'm sure someone else would scream bloody murder about that. But what do you think, Ozz?

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