Romney tax plan helps rich most

Maybe I should be more specific.

Public debt is generally never good.

The government doesn't have a job. It doesn't produce anything. Therefore, it only has one way of "paying off" the debt.

Which in reality, it can never do because of the reasons Larry listed.

So all PUBLIC debt is a drag on the economy.

Some private debt MIGHT be a good thing but that is highly individual. My wife, for example, is still paying student loans from over a decade ago for a career she hasn't worked in since forever.

Obviously, we've seen the result of people taking on debt they had no hope of repaying.

Whenever you take on debt at interest, you are speculating (gambling) upon it being a wise choice. Life's many inevitable twists, turns, and unexpected avenues often make what was initially perceived to be a value adding debt load into a value draining debt load. Just look at all of the house flippers who got caught out on the wrong side of a sure thing, and the millions of unfortunate honest homeowners who were not flippers, but who still got hung out to dry after going under water.

Romney quote: "I am not concerned about the very poor, they have a safety net". now Mitt"s idea of a very poor person is someone with off shore investments of less than say $10MIL. Their safety net is the other $9 mil. in tax sheltered investments. As for the really poor, like cannot afford to heat their home in winter poor, too bad for you, Romney-Ryan will take away all "entitlement,gov. giveaway programs, like social security, liheap".

homecomfort wrote:Romney quote: "I am not concerned about the very poor, they have a safety net". now Mitt"s idea of a very poor person is someone with off shore investments of less than say $10MIL. Their safety net is the other $9 mil. in tax sheltered investments. As for the really poor, like cannot afford to heat their home in winter poor, too bad for you, Romney-Ryan will take away all "entitlement,gov. giveaway programs, like social security, liheap".

One could only hope!

ALL, of the republicans that I know that think like you guys, all collect on some form of entitlement. hypocrites. If you guys really are so rich, good for you guys, but you are all very selfish to boot.

homecomfort wrote:ALL, of the republicans that I know that think like you guys, all collect on some form of entitlement. hypocrites. If you guys really are so rich, good for you guys, but you are all very selfish to boot.

Have you ever considered reading the book "The Virtue Of Selfishness", to find out what it really means to be selfish, vs. the evil connotation it has been given in our modern world?

http://marsexxx.com/ycnex/Ayn_Rand-The_Virtue_of_Selfishness.pdf

If a man is not permitted to find virtue and self worth (self esteem) and gain within his own personal sphere of rational self (I.E., selfish) interests and prideful accomplishments, he is left only with finding virtue and self esteem within irrational self disinterests and in prideless altruistic sacrifice. Tell me how life itself would function if you actually believed this to be the means by which man should properly exist.

Sacrifice clearly means to willfully trade or give up or abandon something of a greater value in return for a lesser value. Otherwise there has been no actual sacrifice, and in fact there has been gain. How can anyone live to the end of forever sacrificing greater value to lesser value in an effort to show that they have no pride or selfish interest in gain and accomplishment?

PS: In 2007 while campaigning for the office of the Presidency, Obama was quoted during a speech in stating boldly that "There is no virtue in selfishness!". If this is the case, then why does he selfishly block access to all facets of his personal life history?

Isayre, I guess it all depends on just what it is that you want to hear, Obama has come out with a lot including some drug use, he also produced a BC which wasn't good enough then a long form, still not good enough. Then you defend the fact that Romney & his % don't have to disclose earnings, where they are or how they got them. If you do some quick math what is known about his earnings & the work he did without compensation then he is in the wrong business since he never earned what he has already shown so he must be one heck of a shrewd investor. Just as it was always mentioned about the BC, why not just show what you say you aren't hiding.

franco b wrote:Ayn Rand is brilliant, but ...

Ummm -- based on the passage quoted above, she was either confused, or more likely trying to confuse others with high-sounding gobbledygook.

franco b wrote:ethical system was written in our genes long ago. It's there to better our chance for survival as a species.

Absolutely true. See, already you are smarter than Ayn Rand. Just not as good a self-promoter.

homecomfort wrote:ALL, of the republicans that I know that think like you guys, all collect on some form of entitlement. hypocrites. If you guys really are so rich, good for you guys, but you are all very selfish to boot.

Uhmm, no....jeeze you really are wrong ALOT.

I collect nothing, and as of last week we were ALL notified that from now on you will no-longer recieve the amount of benefits we paid into....how very selfish of me to think of all the Selfemployent taxes and oll the others that go into the sysytem and I won't get nearly what I paid in.

But for those 47% who don't pay Taxes...well we got them covered alright.

This seems like a good place to put this. Unfortunately, those who already know this will be the only ones to read it and those who could use it will dismiss it out of hand.

http://capitalismmagazine.com/2002/08/f ... ey-speech/

“So you think that money is the root of all evil?” said Francisco d’Anconia. “Have you ever asked what is the root of money? Money is a tool of exchange, which can’t exist unless there are goods produced and men able to produce them. Money is the material shape of the principle that men who wish to deal with one another must deal by trade and give value for value. Money is not the tool of the moochers, who claim your product by tears, or of the looters, who take it from you by force. Money is made possible only by the men who produce. Is this what you consider evil?