Doe s McCain support the "wealth condensation" theory?
Q. Since McCain is against "spreading the wealth" it stands to reason that he is for wealth condensation, where very wealthy are in an ever-increasing position to monopolize the wealth of a nation and political and social control to further their position. [Wealth condensation is a theoretical process by which, in certain conditions, newly-created wealth tends to become concentrated in the possession of already-wealthy individuals or entities. According to this theory, those who already hold wealth have the means to invest in new sources of creating wealth or to otherwise leverage the accumulation of wealth, thus are the beneficiaries of the new wealth.] 1) Is this what you want. 2) How is this different than the last eight years under… [cont.]
Asked by Brown9489 - Wed Oct 22 23:22:46 2008 - - 1 Answers - 0 Comments
A. Yes he does, you'll notice he and Palin always talk about the "small business owners" who make over 250k that they're supposedly protecting. But the fact is, small business owners make only a tiny fraction of the population of people who make over $250k, and most of them would be part of Big Business, or lawyers, doctors etc. and it would mainly affect people who make a lot more than $250k too... 250k is just the first bracket that would see any kind of increase at all, the only real big increases in taxes would be for people who make $600k more and then the final group that makes around 2.9 million a year or more... the same groups that are the only ones that get major tax breaks on McCain's tax cut plan. So if he were being more honest… [cont.]
Answered by Peter H - Wed Oct 22 23:30:00 2008
Q. Since McCain is against "spreading the wealth" it stands to reason that he is for wealth condensation, where very wealthy are in an ever-increasing position to monopolize the wealth of a nation and political and social control to further their position. [Wealth condensation is a theoretical process by which, in certain conditions, newly-created wealth tends to become concentrated in the possession of already-wealthy individuals or entities. According to this theory, those who already hold wealth have the means to invest in new sources of creating wealth or to otherwise leverage the accumulation of wealth, thus are the beneficiaries of the new wealth.] 1) Is this what you want. 2) How is this different than the last eight years under… [cont.]
Asked by Brown9489 - Wed Oct 22 23:22:46 2008 - - 1 Answers - 0 Comments
A. Yes he does, you'll notice he and Palin always talk about the "small business owners" who make over 250k that they're supposedly protecting. But the fact is, small business owners make only a tiny fraction of the population of people who make over $250k, and most of them would be part of Big Business, or lawyers, doctors etc. and it would mainly affect people who make a lot more than $250k too... 250k is just the first bracket that would see any kind of increase at all, the only real big increases in taxes would be for people who make $600k more and then the final group that makes around 2.9 million a year or more... the same groups that are the only ones that get major tax breaks on McCain's tax cut plan. So if he were being more honest… [cont.]
Answered by Peter H - Wed Oct 22 23:30:00 2008
What do so few have so much and so many have so little?
Q. See:
Asked by corynne - Thu Jan 21 20:17:40 2010 - - 3 Answers - 0 Comments
A. The rich gets richer, the poor gets poorer... Why the rich gets richer? When you are rich, people will come to you with opportunities hoping to make some money. You have the power to hire people to discover opportunities for you. You can have all the politicians in your pocket to pass laws favorable to you. President Bush wants to cut your taxes. Middle class sucks.
Answered by Munroe - Sat Jan 23 07:25:04 2010
Q. See:
Asked by corynne - Thu Jan 21 20:17:40 2010 - - 3 Answers - 0 Comments
A. The rich gets richer, the poor gets poorer... Why the rich gets richer? When you are rich, people will come to you with opportunities hoping to make some money. You have the power to hire people to discover opportunities for you. You can have all the politicians in your pocket to pass laws favorable to you. President Bush wants to cut your taxes. Middle class sucks.
Answered by Munroe - Sat Jan 23 07:25:04 2010
Have you noticed the dwindling number of individual product choices on our store shelves?
Q. The United States has always been known as the land of milk AND honey - variety AND multiple choices. One that made the Soviets drool in comparison to the one choice of everything that greeted them in their stores, but US stores have begun pushing their own no-name brands as well and replacing better known facings with those of their own. Almost everywhere you look, name brand products now have a version of the house brand sitting right next to them and the house brand is displayed in a greater number of rows than the name brand, effectively 'pushing' name brands off the shelves. Is this just another quiet, non-aggressive step our country is taking toward socialism? Is it symbolic of a further condensation of US wealth? A discreet… [cont.]
Asked by wider scope - Sun Apr 20 00:44:14 2008 - - 10 Answers - 0 Comments
A. A lot of folks don't pay much attention true, but let's remember a little contract law also. Brand X goes to the manufacturer and says we will buy x amount of your corn product at this price for a specified period of time, if we can put our name on it. If that mutual agreement works out to both parties benefit, more of those contracts will be made by more and more parties. For my part, there's a lot more serious dumbing down that I'm concerned with.
Answered by weezingeezer - Sun Apr 20 08:55:27 2008
Q. The United States has always been known as the land of milk AND honey - variety AND multiple choices. One that made the Soviets drool in comparison to the one choice of everything that greeted them in their stores, but US stores have begun pushing their own no-name brands as well and replacing better known facings with those of their own. Almost everywhere you look, name brand products now have a version of the house brand sitting right next to them and the house brand is displayed in a greater number of rows than the name brand, effectively 'pushing' name brands off the shelves. Is this just another quiet, non-aggressive step our country is taking toward socialism? Is it symbolic of a further condensation of US wealth? A discreet… [cont.]
Asked by wider scope - Sun Apr 20 00:44:14 2008 - - 10 Answers - 0 Comments
A. A lot of folks don't pay much attention true, but let's remember a little contract law also. Brand X goes to the manufacturer and says we will buy x amount of your corn product at this price for a specified period of time, if we can put our name on it. If that mutual agreement works out to both parties benefit, more of those contracts will be made by more and more parties. For my part, there's a lot more serious dumbing down that I'm concerned with.
Answered by weezingeezer - Sun Apr 20 08:55:27 2008
Why do people pretend pure Communism is any worse than pure Capitalism?
Q. Communism is a failed economic system. By placing an undue burden on the wealthy, you discourage them from working harder, and the entire society collapses to a lower-middle class disaster. However, it is not much worse than pure Capitalism: By letting the wealthy have free reign with very low tax rates, you condense all the wealth in the hands of a small few. You then eliminate the middle class, and your society is composed of the extremely wealthy and the very poor who work for whatever wages the wealthy feel to pay them. This can most easily be seen by Reagan's tax policies: In 1980, the top tax rate in the US was 75%, and the average CEO made 42 times the average worker's pay. In 1990, after the top tax bracket dropped to lower than… [cont.]
Asked by Kevin B. - Tue Sep 8 10:48:16 2009 - - 9 Answers - 0 Comments
A. real communism is not worse than capitalism. it was just sovietic union's or china's communism that was bad, but the ideas of communism are not bad, despite what people are told in the US and brainwashed by propaganda capitalist governments. here in europe we do not consider communists so bad and we have strong communist (or socialist) parties. capitalism is bad. thanks to capitalism more than 40,000,000 people in the US do not have health coverage. great thing uh? in italy where i live berlusconi, a rich tycoon who is head of the government, is a great capitalist: and he is transforming the country in a dictatorship.
Answered by Giuseppe - Tue Sep 8 10:51:41 2009
Q. Communism is a failed economic system. By placing an undue burden on the wealthy, you discourage them from working harder, and the entire society collapses to a lower-middle class disaster. However, it is not much worse than pure Capitalism: By letting the wealthy have free reign with very low tax rates, you condense all the wealth in the hands of a small few. You then eliminate the middle class, and your society is composed of the extremely wealthy and the very poor who work for whatever wages the wealthy feel to pay them. This can most easily be seen by Reagan's tax policies: In 1980, the top tax rate in the US was 75%, and the average CEO made 42 times the average worker's pay. In 1990, after the top tax bracket dropped to lower than… [cont.]
Asked by Kevin B. - Tue Sep 8 10:48:16 2009 - - 9 Answers - 0 Comments
A. real communism is not worse than capitalism. it was just sovietic union's or china's communism that was bad, but the ideas of communism are not bad, despite what people are told in the US and brainwashed by propaganda capitalist governments. here in europe we do not consider communists so bad and we have strong communist (or socialist) parties. capitalism is bad. thanks to capitalism more than 40,000,000 people in the US do not have health coverage. great thing uh? in italy where i live berlusconi, a rich tycoon who is head of the government, is a great capitalist: and he is transforming the country in a dictatorship.
Answered by Giuseppe - Tue Sep 8 10:51:41 2009
From Yahoo Answer Search: 'Wealth condensation'
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