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March, 2009

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Isn’t so-called ‘job outsourcing’ to foreign countries really a good way to re-distribute wealth?

Monday, March 30th, 2009
real wealth
nom de paix asked:


Is it only North Americans (north of the Rio Grande) and Western Europeans who deserve the ‘good jobs’? 2/3 of the world is in poverty, why not out-source?

I am sorry, no self respecting proletariat (of which I am a proud one) would consider any job with a ‘job bank’ a real job. Unions have failed their founders, failed their country, and worst of all, failed their members.

Olivia

Are AMERICANS worried about the WRONG immigrants?

Tuesday, March 24th, 2009
real wealth
debra p asked:


It seems that while Americans are obsessed with Spanish Speaking or Mexican illegal immigration, the Indians ( from India) are the real number and power and wealth issue. My cable now has more Indian language stations than Spanish.

Cameron

Are the wealthy more likely to put extra money in saving rather than circulate it back in to the real economy?

Monday, March 23rd, 2009
real wealth
ArmBar asked:


Republicans seem to feel that if you give the tax advantage to the wealthy that they are more likely reinvest it in to the real economy-
purchase goods, Create jobs ect…

But it seems that great many simply bank the extra money and remove it from the real economy.

Has this contributed to gap between the wealth and poor and marginalized the middle class?

Would it make more sense to give the tax advantage to the middle class so since they will circulate the money in real economy and drive growth?

http://www.businessweek.com/@@*7OQP4YQG8gsPxgA/magazine/content/04_44/b3906038_mz007.htm

Alex

Who’s spreadin that there wealth around there? ?

Wednesday, March 18th, 2009
real wealth
Erich M asked:


McCain Campaign blogger, Michael Goldfarb: “This is not redistribution in the sense of you take money away from one guy who’s working real hard, and give it away to someone who’s not working at all.”

Sandy Parr at the Alaska Department of Revenue confirms: every resident of Alaska, even “someone who’s not working at all,” is eligible for a dividend payment — this year totaling $3,269.

And dat fine Governor dere in Alaska told the New Yorker: “And Alaska—we’re set up, unlike other states in the union, where it’s collectively Alaskans own the resources. So we share in the wealth when the development of these resources occurs. … It’s to maximize benefits for Alaskans, not an individual company, not some multinational somewhere, but for Alaskans.”

So please tell me, I’m not ranting here, “Who is spreading the wealth around?”

Again, I took my Xanax, now, Who is spreading the wealth around? Please no name calling or insults. Rational discourse…maybe?
Ladytoob: Obviously McCain/Palin will as well if we judge her previous governance of Alaska.
Justin: Libertarianism as prescribed by Ayn Rand is merely “Un-communism”. I’m not asking if socialism or communism is the answer. I merely pointing out the futile arguments from the right based on the term “spread the wealth around” Welcome to a progressive tax system, my friend.
Palin is not communist nor Socialist, she simply realizes the resources of U.S. land are owned by the citizenry, and thusly, the citizenry should benefit from the profits of industries exploiting said resources. In Alaska they call it the Petroleum Profits Tax or PPT.
I haven’t failed realize our repubic, sir. I beg to differ. Alaska’s state government is funded by the PPT. They have no income or sales tax. They live off of petroleum industry profits.
Big Bad: We also are under the auspices of a progressive tax system that has been utilized for a century. That’s the cards your dealt…play with ‘em.
BigBad: read your comment again. The money doesnt’ come from the state’s resources. It comes from taxes levied on the oil company’s profits. Alaskans are not drilling and refining crude. BP and Exxon Mobil is. The state taxes their “profits” which is the company’s “income”.
Me H: please show me in his tax plan where it states this? The non partisan Tax Policy Center seems to think otherwise.
Joshua M: What does that mean? Anyway….

Victoria

how can I find a proficient day trader who will show me the ropes?

Tuesday, March 17th, 2009
real wealth
adsf asked:


I figure most guys who sell advice aren’t making any money, so they have to sell books or CDs. The guys making the money are too busy trading to share their expertise. Also, why would they want to let the world in on their secrets?

You can’t always rely on perceived wealth as an indicator of proficiency either. Could be a trust fund guy who trades stocks as a hobby and makes no real money from his trades.

Aaron

Did people forget that consumer spending was what was keeping this economy afloat? It was not real because ?

Monday, March 16th, 2009
real wealth
Sahara asked:


consumers were using debt to do so? That’s pretty important. So Obama’s plan should put more money into consumers’ hands and spending should resume. Consumer spending is the lifeblood of this economy. We should focus on producing and exporting goods overseas. That’s another way to create wealth. What do you think?
Moose- You got it exactly. Thank you.
Where are those jobs that AIG could have created? They have just been wasting money. What have we taxpayers gotten for it? Hmm??

Bryan

Are AMERICANS worried about the WRONG immigrants?

Saturday, March 14th, 2009
real wealth
debra p asked:


It seems that while Americans are obsessed with Spanish Speaking or Mexican illegal immigration, the Indians ( from India) are the real number and power and wealth issue. My cable now has more Indian language stations than Spanish.

Isaiah

Is this the real Henry Paulson’s plan going forward under Obama?

Friday, March 13th, 2009
real wealth
Steve qa asked:


Is this the real Henry Paulson & Bush plan?

If you buy stock in somthing you own a part of it, and that means the government owns a part of the Bank’s.

The bank’s were not making money so we gave them more money, and we also bought most of the home mortgages.

GM starts a bank and plans to merger with Chrysler using a government loan!

What happens when the government forecloses on companies?

What happens if the government raises the loan interest rates to 35%?

What happens when these government Corporations are the first tax free shops?

What happens when most Americans live in government owned homes?

What happens when the politicians betray the super rich by confescating their wealth?

It all belongs to to washington!

Then what was the real Paulson plan and does Obama support this or know?

So when El Duce aka Obama is president will this good ahead?

Aaron

What if the roles between blacks and whites were reversed?

Tuesday, March 10th, 2009
real wealth
Knowledge asked:


Question is mostly for the whites, but anyone can feel free to answer.

What if whites had been brought to this country against their will by blacks and made slaves. History went the same as in real time, there was Civil War which led to the whites being free. Then laws were set up by blacks to keep whites from gaining wealth and voting rights. Southern blacks then decided to terrorze whites by forming the KKK. We now go into separate establishments for blacks and whites.

Blacks of course get the best stuff, while whites get whatever they can. Now its during the Civil Rights Movement, there’s Martin Luther King Jr. who preaches non-violence and then there’s Malcom X who speaks of by any means necessary. Who’s philosophy will you follow or is there any other ideas you would have to better your situation in America?

Brianna

Real Estate - Interest charges?

Wednesday, March 4th, 2009
real wealth
Rico S asked:


As Im new to purchasing real estate, it just now dawned on me that the interest being charged for homes is so high. I know that buying a home has become the new wealth mechanism, but I never realized the cost. For instance, on a $400K home(30 years @ 5.5% interest), the interest cost amounts to $417K. Thats more than the cost of the home. Can you imagine paying for anything else in life where the interest paid is greater than the cost of the item? Does this seem unreasonable to anyone else?

Miguel