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Who is to Blame for the Troubled US Economy?

  • This poll is still running and the standings may change.
  • Both Parties

    305 
    votes
    45.6%
  • Neither Party

    58 
    votes
    8.7%
  • Democrats

    150 
    votes
    22.4%
  • Republicans

    156 
    votes
    23.3%
  • This poll is still running and the standings may change.

Here you can spout your USA political views.

Rules:
1. Keep it clean
2. No fighting
3. Respect the views of others.
4. US Political views, No Religious views
5. Have fun :)

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The views expressed on this page by users and staff are their own, not those of NamePros.
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Money, Greed, and Barter of the Soul

Nowadays one is seeing a lot of money in India. Stashes and stashes of unaccounted wealth, in new and old currency notes, in pictures online and in newspapers. For most, including me, itโ€™s a new experience to see so much cash even in a picture.

The pictures look gross - and scary. What could so much money be needed for by an individual? More importantly, what askew imperative makes one attach more value to that sterile heap over honour and good name?

The imperative is greed, of course.

Greed is not a pretty word. It evokes unpleasant images, and is always deleterious. Yet, it holds a pompous grip over many. Greed is about amassing something coveted, beyond all proportion. This covetousness gives at best a psychological satisfaction, because, there is no way one can use all that is accumulated. The pile grows and grows to reach monstrous proportions and finally devours the consumer. (Remember Midas?) This feckless greed for material wealth and its trappings, sans inner growth, and a moral framework, is the malady of the times.

All kinds of greed are vulgar and ungainly and lead to trouble. Over-eating makes you throw-up. That is the immediate fallout of short-term greed. Long term, the results of chronic binging and overeating are more damning. The digestive system cannot handle the unnatural load and collapses. Disease and ill health follow, to plague the hapless individual for the rest of life.

Greed for money is no different. It is unnatural and leads to an imbalance in the psyche of the individual. All sense of proportion is lost by the relentless craving to acquire and hoard more. The wealth acquired is for its own sake, because beyond a point, wealth is redundant. It may be sufficient for ten lifetimes - yet, it goes on being desired. Why? Because money here is not a means to an end, but the end itself. Result? A mania for possession ... (cash, properties, luxury items etc.) Another matter that this manic pursuit robs you of the biggest treasure of all - peace of mind - which ultimately is the only thing worth having. Ask the Buddha, who, walked away from the wilderness of material luxury to the plenitude of spiritual enlightenment.

Lure of lucre is, no doubt, a primary attraction of life. Everybody wants money, because everybody needs money. However, the problem starts when you donโ€™t need money, yet continue to want it - at any moral cost.

The problem then, is not making money, but the greed for acquiring more and more, beyond need, beyond use. Blood in the body needs to circulate in a regulated fashion for good health. Money too, must circulate in a regulated manner, for the mental and spiritual well-being of an individual.

A question is why would someone with millions begrudge a percentage of it to the government or the less fortunate? It is baffling. The powerful โ€˜mayaโ€™ (Illusion) is at play here, which blurs vision, and confounds the intellect. However, a framework of strong values, and right thinking are sure safe- guards. If you are fortunate to have extra, then, resist hoarding your wealth. Instead, direct and channel the excess, to good works and help in the uplift of the needy and under-privileged sections of society. In the bargain, you will be helping not only others, but yourself too, by earning much-needed good karma.

It can be argued that the rich have laboured to collect their riches. True. (In most cases.) However, as scriptures say, to acquire excessive wealth by entirely honest means is well-nigh impossible, even for the most well-intentioned. Some tweaking of morals is necessitated and this takes on larger and larger proportions as the wealth grows.

The bigger question is - Why do โ€˜respectableโ€™ people with a good standing in society, who have no perceived lack in areas of wealth, status, and โ€˜reputationโ€™, buck their morals and fall prey to the greed for more? What is the loss and what is the gain? Is it worth it?

When major scams are uncovered and members of the top brass are found to be party to the dubious wheeling and dealings, one is nonplussed. What was the perceived lack in their lives, you wonder, that made them go full tilt, and barter away their good name for a little extra stash in a cold vault??

Sad. What an unholy and unproductive barter. Money lost can be recovered again, but a good name tarnished, can never be reclaimed.

Shame.
 
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I think the elite are getting worried now about the damage they have done. They wanted de-population and to spend a few years underground, to resurface and rebuild a new world. They didn't expect to have to wait 1000 years...
 
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Actually read a more legit site on that:
http://www.politifact.com/truth-o-m...ging-deeper-gun-background-check-legislation/

And Congress and the NRA always fought against Obama on getting things done:

Notice how it never ocurrs to liberals the majority voted people into congress who would support the #2ND and oppose President Obama on purpose?

And alot of those voters contribute to the NRA because they lobby for the #2A.

"There is little more that Obama could have done on gun control," UCLA constitutional law professor Adam Winkler said. "The president's power is limited, and the NRA wrote the laws to restrict what the executive can do."

http://www.politifact.com/truth-o-m...ss-blocked-obama-call-gun-control-mass-shoot/

The NRA has been around awhile but they didn't write the constitution. But your correct, lobbist lawyers often help write bills.. for better or worse, nobody forced democrats to vote for them.

And then we already talked earlier about Trump rolling back regulations:

You mean repealing an unlawful infringement on due process rights.

If Barack Obama wanted to pass gun control, he should have done it when the democrats held the house and senate. Or found someway to work with the Republicans.


"Gun control advocates slammed President Donald Trump on Monday as a hypocrite for having signed a bill earlier this year that rolled back a regulation making it harder for people with mental illnesses to buy firearms even as he blamed the mass shooting in Texas over the weekend on "a mental health problem."

https://www.nbcnews.com/politics/donald-trump/if-trump-s-blaming-mental-health-why-did-he-end-n818041


I guess the right wing blogs you read this morning were trying to spin this off on the Democrats? Of all people.

I guess Gun control advocates have a hard time telling the truth.

Please explain specifically how the "executive" order preventing bureaucrats at the Social Security Administration from automatically putting Veterans who need help with finances on the NICS would have prevented TX church shooting ?

Liberals still think it's a fluke the GOP runs both chambers of congress and the White House.

From your linked article,

"Part of the reason a new assault weapons ban didnโ€™t gain traction in Congress under Obama was because the prior assault weapons ban, from 1994 to 2004, didnโ€™t stop violent incidents... "
 
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Paradise Papers: Tycoon made $41m from 'people's fund'

An entrepreneur charged with managing the oil wealth of the struggling African state of Angola was paid more than $41m in just 20 months, leaked documents reveal.


The payments were made via a complex web of companies set up in the offshore jurisdiction of Mauritius.

Jean-Claude Bastos also used his position to help set up large investment deals he stands to further profit from, the Paradise Papers show.

All sides deny any wrongdoing.

Like many oil rich countries, Angola set up a sovereign wealth fund to invest the proceeds of its natural resource wealth. Similar schemes have been used by other countries to help ensure a steady income for future generations.

Angola is wracked by corruption, suffers extreme poverty and has one of the highest child mortality rates in the world.

The fund, Fundo Soberano De Angola (FSDEA), which began with $5bn (ยฃ3.75bn) in 2011, was mired in controversy from the start, after the then Angolan President Eduardo dos Santos' son, 39-year-old Jose Filomeno, was appointed to head it up.

Jean-Claude Bastos, sometimes also known as Jean-Claude Bastos de Morais, a Swiss-Angolan and close friend of the then president's son, was chosen as the fund's asset manager.

Typically, a fund of this size would spread the risk of investment among several asset managers, along with the fees it pays, said one expert.



Still exploiting Africa I see!
 
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From your linked article,

"Part of the reason a new assault weapons ban didnโ€™t gain traction in Congress under Obama was because the prior assault weapons ban, from 1994 to 2004, didnโ€™t stop violent incidents... "

Let's talk about all the recent mass shootings.

"In all, an AR-15 style rifle has been used in at least 10 recent mass shootings โ€” including at an elementary school in Newtown, Connecticut, a movie theater in Aurora, Colorado, and a work party in San Bernardino, California."

Family of AR-15 Inventor Eugene Stoner: He Didnโ€™t Intend It for Civilians
https://www.nbcnews.com/news/us-news/family-ar-15-inventor-speaks-out-n593356

Nice the date started in 1994 because let's just forget the years prior 89, 91, 93, let's pretend that didn't happen:

"Efforts to create restrictions on "assault weapons" at the federal government level intensified in 1989 after 34 children and a teacher were shot and five children killed in Stockton, Calif. with a semi-automatic AK-47 rifle.[1][2][3] The Luby's shooting in October 1991, which left 23 people dead and 27 wounded, was another factor.[4] The July 1993 101 California Street shooting also contributed to passage of the ban."

https://en.wikipedia.org/wiki/Federal_Assault_Weapons_Ban
 
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Paulo Lemann's total wealth is equivalent to that of the poorest 100 million Brazilians combined.

Jorge Paulo Lemann, the wealthiest man in Brazil, along with two business partners, have been cited in the Paradise Papers as being linked to no less than 20 offshore companies located in tax havens such as Bermuda, Bahamas and the Cayman Islands.

With a personal fortune estimated at approximately US$30 billion, Lemann tops the list of the sixth-richest people in Brazil. His wealth is equivalent to the poorest 100 million Brazilians combined, according to Oxfam.
 
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Democrats control all levels of Government in Chicago. Why are they not working with the Governor of Illinois to stop gun violence?

Seriously, 20 people dead is a three day weekend in Chicago. Are those democrats owned by the NRA? Are they totally powerless against an organization that only spent $30 mill in the last election?

Bloombergโ€™s 2016 tally: $65 million and counting
https://www.politico.com/story/2016/11/bloomberg-new-york-donor-230861

We're supposed to believe there's NOTHING they can do? P.S. - Almost all are killed by handguns.
 
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Let's talk about all the recent mass shootings.

"In all, an AR-15 style rifle has been used in at least 10 recent mass shootings โ€” including at an elementary school in Newtown, Connecticut, a movie theater in Aurora, Colorado, and a work party in San Bernardino, California."

Family of AR-15 Inventor Eugene Stoner: He Didnโ€™t Intend It for Civilians
https://www.nbcnews.com/news/us-news/family-ar-15-inventor-speaks-out-n593356


Really irreverent. The #2A was designed so citizens could have the same weapons the military used. Obv. few civilians can afford military grade weapons but some can and do.,
 
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Really irreverent. The #2A was designed so citizens could have the same weapons the military used. Obv. few civilians can afford military grade weapons but some can and do.,

Like you said, you don't read half the stuff posted. You didn't read the link, because you replied within 2 minutes. I've noticed that from you. Whenever I post, I can hit refresh and you already have a reply. As if speed of reply means something, instead of actually taking the time to read, think, and then respond.

I also support owning automatic weapons.

What kind?
 
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Theresa May tells a nurse "there isn't a magic money tree"
 
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Reporters resurrect bogus narrative that Republicans made it 'easier' for the mentally ill to buy guns
http://www.washingtonexaminer.com/r...-the-mentally-ill-to-buy-guns/article/2636419

TL;DR:
Few things are as annoying as having to correct the same lie twice, but what do you expect when your job involves writing about the news industry?

"The Obama-era rule was designed to take away people's rights without due process of law. It would have flagged the names of people who, for example, have an anxiety disorder or depression which keeps them from working, and who, as the SSA puts it, โ€˜need help in managing [their] personal money affairs,'"

This is something we could probably agree on. Let's just take it out of the hands of a bureaucracy and let a qualified DR decide. Make a referral mandatory within a few weeks.
 
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The rich may be richer than you thought.

Jim Simons
, the billionaire founder of hedge fund Renaissance Technologies, has amassed more than $7.5 billion in a previously undisclosed, four-decade-old fund set up in Bermuda. Warren Stephens, an Arkansas banker and Republican donor, used a Bermuda-based family trust to reduce his tax bill and conceal his interest in a payday lender under U.S. scrutiny. And George Soros, a liberal investor who has contributed to the ICIJ, used Appleby to manage a company that carried out reinsurance transactions that can be used to shield wealth from taxes.

More than a dozen members of President Donald Trumpโ€™s inner circle, including Secretary of State Rex Tillerson and top economic adviser Gary Cohn, held undisclosed offshore companies. Robert Mercer, a Republican donor who just said he would step down as Renaissance Technologyโ€™s co-CEO, was revealed to be a director of more than eight of RenTechโ€™s offshore subsidiaries, who used other offshore firms to shelter money his family funneled to political causes. The Blackstone Group, co-founded by Trump economic adviser Stephen Schwarzman, used trusts and companies registered in tax havens to avoid paying taxes on two U.K. commercial properties.

After Irish officials closed a tax loophole that had allowed Apple Inc. to avoid billions of dollars in taxes, the U.S. tech giant enlisted international law firms to help it find a new tax home and settled in the English Channel island of Jersey, the New York Times reported. The documents helped solve a two-year mystery of where the worldโ€™s biggest company by market capitalization is booking a big share of its revenue.

Want to register a private jet in the U.S.? Bank of Utah manages more than 1,390 aircraft trust accounts that obscure the identities of the jetsโ€™ (largely foreign) owners, the New York Times reported. Among the wealthy foreigners said to use the bankโ€™s services: Russian oligarch Leonid Mikhelson, an ally of Russian leader Vladimir Putin whose gas company is under U.S. sanctions.

A North Korean was listed in the leaked documents as a shareholder in a Malta-based company which may have been involved in the overseas transfer of North Korean construction workers, according to Newstapa, a South Korean partner of the ICIJ.

Prominent Silicon Valley investor Yuri Milner, who was an early backer of Facebook Inc., partnered in two investments with the Russian state-controlled bank VTB Bank PJSC before it was sanctioned, his spokesman confirmed Friday. Details about the relationship between Milner and VTB surfaced in the wake of the Paradise Papers.

Commodities trader Glencore Plc was one of the top clients of Appleby, which even had a โ€œGlencore Roomโ€ at its Bermuda office that kept information on the traderโ€™s 107 offshore companies, according to the ICIJ investigation. (Peter Grauer, the chairman of Bloomberg LP, is a senior independent non-executive director at Glencore.)

House Republicans should slow down their consideration of a tax-overhaul bill after the investigative reports alleged offshore tax-avoidance by U.S. multinational companies including Apple Inc. and Nike Inc., congressional Democrats and tax-advocacy groups said.

Queen Elizabeth II of the U.K. made a series of investments in a Cayman Islands fund through the British Royal Familyโ€™s private estate, the Duchy of Lancaster, according to The Guardian newspaper.

Lord Michael Ashcroft, a major donor to the U.K.โ€™s Conservative Party, had links to a Bermuda-based trust with assets worth as much as $450 million, The Guardian reported.
 
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The super-rich donโ€™t care about us. It will be their downfall

These billionaires get rich on the back of our taxes but they give nothing in return


Feb 2015

The news this week that a bank helped wealthy customers to dodge taxes should not come as a surprise to many. The super-rich have long held some profoundly distorted ideas about the world. They are more than averagely likely to believe their achievements are the product of their superior brains and hard work. They may believe the Selfish Gene rhetoric that those with the best genes rise to the top of the pond, and at the bottom is genetic sludge. They are oblivious to any evidence to the contrary. They have no idea that had they been born on a sink estate they too would have sunk.

This is partly because the super-rich are no longer exposed to data and experiences that contradict their worldview. Flitting between their various homes around the world, they know nothing of our lives. They have never, ever had to sit on the phone waiting for the next available customer support agent โ€“ โ€œyour call really matters to usโ€ โ€“ to not fix their phone/internet/energy bill issue.

Of particular concern is that they only consume media that support their worldview. Recently, an Oxbridge-educated CEO in all seriousness told me that there has been no increase in inequality in this country. My jaw was slack with amazement when another told me that โ€œinner London secondary pupils have the best exam results of any in the worldโ€. They are living in the la-la land that Polly Toynbee and David Walker painstakingly exposed in their book Unjust Rewards.

Consider your response to the following information. About 15,700 under-two-year-olds live in a family that is classed as homeless, according to a new report. Homelessness adversely affects parental responsiveness, and early responsiveness has been proved to affect the capacity of the brain to process positive experiences.

My response to this would be: โ€œSince early care profoundly affects the size and content of our brains and subsequent mental health, government should act to eradicate involuntary homelessness. If Thatcher had not sold off the council housing stock this problem would be far less. A Labour government should reverse that policy.โ€

When I put that to a super-rich man whom I know, he said: โ€œItโ€™s a shame there are so many babies with homeless parents but it is not the role of the state to house them. My charity does not directly address this issue but I am sure there are others that do. The role of government is to leave people like me free to create jobs which will enable those parents to earn enough to pay rent and live in decent accommodation.โ€

After his privileged private education, this man inherited substantial sums of money and has increased its value through a hedge fund. Mostly, that fund plays the global casino โ€“ moving its capital around the world between currencies, shares and various financial instruments. On the rare occasions it buys businesses it is in order to introduce โ€œcost savingsโ€ โ€“ what used to be called asset-stripping. It fires as many employees as possible, outsourcing the work to companies with casual, low-paid workers, and sells off any assets that can turn a quick profit. It then sells the company on to another hedge fund, at a further profit. This does nothing to provide employment for homeless parents and their babies.

Needless to say, my super-rich man does not pay tax in this country: his domicile is a tax haven. This is despite the fact that the CEO of a commercial law company recently described London to me as a โ€œtax havenโ€ โ€“ my man is not even prepared to pay the low rates that George Osborne (and before him Alistair Darling and Gordon Brown) is so proud to herald. He (or his company) owns several expensive London properties, unoccupied. When I suggest that some of the homeless babies could live there, he just laughs that it would be โ€œinappropriateโ€.

Likewise, he compartmentalises off the crucial role that the state plays in enabling him to thrive. His children live in London. If one of them became acutely ill, they would be rushed to a state-funded emergency ward in a state-funded ambulance, driven along state-funded roads. The infrastructure that his business depends on โ€“ such as transport, telecoms, water, energy โ€“ is massively subsidised by taxpayers. That he contributes nothing at all to this is rationalised by the idea that he is simply cleverer than the rest of us, so more fool us for coughing up. If we were as clever as him, we too would not pay. He is part of the Ayn Rand elite, the ones who grasp that we were put on this earth to be selfish, to look after ourselves and our kin ahead of everyone else.

The super-rich are only one subset of our ruling elite in general. Like the MPs with their duck ponds and the menagerie of slimy creeps on show at the Leveson inquiry, they are self-focussed plutocrats who are no longer fit to make the rules. Their lack of social obligation and ignorance of the most simple realities means they will inevitably be superseded by something else, hopefully something better. If in no other respects, Russell Brand is right about that.
 
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Weโ€™ve hit peak injustice: a world without borders, but only for the super-rich
One big playground/experiment.
 
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'An economy that gives everybody the chance of a secure and fulfilling life'

The conference began with a warning from CBI President Paul Drechsler that "capitalism... seems to have forgotten about its purpose."
 
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Now just imagine the state of people & habitats around the world, working in horrific conditions, working themselves to an early death, massive environmental damage... for the sake of your capitalist empire, WHERE YOUR LEADERS OF INDUSTRY ARE SOULLESS HEARTLESS DEMONS that don't care about anyone but themselves!

For the sake of your cheap products where you are soulless heartless demons that don't care as long as you are comfortable???
 
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Bernie Sanders and Sheldon Whitehouse among Democratic lawmakers seeking congressional inquiry and laws to fight offshore investorsโ€™ strategies

โ€œThe offshore tax dodging uncovered by the International Consortium of Investigative Journalists (ICIJ) in the โ€˜Paradise Papersโ€™ raise serious questions about the integrity of our tax system and the ability of the top one percent to rig it in order to benefit themselves at the expense of everyone else,โ€ the independent Senator from Vermont says in a letter.

โ€œI am writing today to urge the Budget Committee to hold a hearing on this issue and to conduct a thorough bi-partisan investigation on how much offshore tax evasion has contributed to our $20 trillion national debt.โ€
 
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I think the Four is NJ Governor, Virginia Governor. Utah special election to replace Sen Chaffvits (spelling) and a Special election in Washington State goverment.
 
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