At what point?Follow

You're excused.

Likewise, you'll have to pardon me if I don't get the vapors and swoon in liberty-terror when the president says that the American way is to let you earn as much money as you want for as long as you have something to sell and people who want to buy it.

Moebius,



If my mom dropped me yours must have used you as a football around the house if you think Obama will stop at just wall street. How many Czars has Obama appointed to various markets to control that market? And you think because he wasn't directly talking to hollywood, lawyers, or whoever else doesn't mean he isn't talking to them.


I'm still waiting for a liberal to answer what the actual point is, give me a number.

100 million...200 million...300 million...??? What exactly do you think should be the limit of what someone can earn?

Jophed,

No but you get upset with presidents who monitor electronic communication coming into the US from known sponsors of terror, that really gets your panties in a wod.

I didn't hear the audio so you could be right about the 'joke'. Hell, I'll just assume you are since we agree on the second point.

I'm just going off the video in the OP link. His facial expression was not entirely jovial when he made the statement.

Sixteen dollars and ninety-four cents.

See, I thought it was. Oh well.

Which is kind of sad, because I hit $95,000 in lifetime earnings around the time I quit working in fast food.

Mazra,

You're wrong. I don't dislike Obama. It's his politics that p*ss me off.

Of course if you're part of the 50% of american people who don't pay federal taxes, unlike myself, then I can understand your infatuation with this fascist.



Jophed,



So what's the cap? How much do you think a person should be allowed to earn? Or do you disagree with the president? And he was serious as a heart attack when he said that. And it's not the first time he's said something like that.



Mendham,

http://swz.salary.com/salarywizard/layoutscripts/swzl_salaryresults.asp?hdSearchByOption=0%2C+0&hdLocationOption=&hdKeyword=Insurance+Agent&hdJobCategory=FA04&hdNarrowDesc=Insurance%2C+&hdZipCode=37902&hdStateMetro=&hdGeoLocation=Knoxville%2C+TN+37902&hdCurrentPage=&hdViewAllRecords=&hdJobCode=SM15000048&hdJobTitle=Insurance+Agent&hdCurrentTab=3&hdZipCodePosted=&hdPaycheckCalc=&hdpageName=&hdOmniJobTitle=Insurance+Agent&hdOmniNarrowDesc=Insurance%2C+&op=salswz_psr&pagefrom=&hdOmniState=TN&hdOmniGeoLocation=Knoxville%2C+TN+37902&d50th=39927.7988&jobcounter=&countertype=&totaljoblistnum=&wsrcode=SW1&geo=Knoxville%2C+TN+37902&metrocode=&geometrocode=&zipcode=37902&jobcode=SM15000048&narrowcode=FA04&state=TN&r=salswz_salresnxt_psr&educationcode1=&cmbEducation=&joblevelcode=&jobfamilycode=&hdNarrowDesc=&txtKeyword=Insurance+Agent


Now if i'm averaging 60k annually from insurance and 10k annual from working in the garden what does that put me at. I know math isn't liberals strong suit but I have faith even you can get this.

oh and i'm single with no children and very little debt (outside of the house). Is there any wonder why I get p*ssed when self proclaimed academics tell me I earn to much and need to pay more in taxes. I made more last year but just about all of it went to the tax man. So why should I even consider raising my level of production? More money to be stolen from me...longer hours to pay the govn? I'm better off just cutting back the agency and focusing on the farm as a side so next year I only earn 50k with insurance but 20k with the side farm business, which my brother keeps trying to get me to sell the agency and work with him on the farm. If Obama doesn't stop this sh*t I will sell the agency and my employees will be with the rest of the unemployeed blaming me for their situation.

Are you starting to get the picture? I employee people and the govn is doing everything they can to keep me from legally earning what i'd like to; my goal (which i'm easily on track to meet) is to be earning 100k annually by the time i'm 40. Now I don't give a f*ck if half or all that money comes from a legit insurance agency or a under the radar farm.

He's not suggesting it in the same way that he's not suggesting we go to a single payer system.



Precisely. But that does not remove the reasonably noodled out fact that he does believe that there is a point at which someone has "earned enough" and that steps should be taken to do something about it. If not today, then build towards it tomorrow.


The larger and more immediately relevant aspect of this though, is that he's absolutely using that same concept to build support for raising taxes on those who earn "more than enough". I mean, this is hardly a secret, right? It's an implicit assumption when he waves off questions about costs by saying that he's only raising taxes on "the rich", as though this is just perfectly ok.

If one retains the fruits of labor beyond that which they can use, it's a waste. The problem with this in modern economic terms is that all wealth is "used". We don't live in simple times where you grow your own food and it's a waste to grow more than you can eat or sell. The reality is that there is no point at which someone has "too much wealth". That wealth is always put to use and quite obviously ends out providing the rest of us with benefits we'd never have otherwise.


I just think it's a horrible mistake to adopt a mindset that it doesn't cost the rest of us anything if we just tax the rich. And that is exactly what Obama and a host of other Liberals are working towards each and every time they say something like this and are not challenged on it. If they say it enough times, and no one hears anyone say "that's wrong", the public increasingly will assume it must be true. And that would be a mistake.




Because the leftists don't actually care about liberty Moe. You know this.

Edited, Apr 29th 2010 4:20pm by gbaji

Ok. Then why say this to Wall Street? Do you think that their actions violated this in the context of making too much money? You're dealing with an industry who's sole purpose is to connect buyers to sellers, so how can Obama both hold to the criteria you just wrote *and* make the statement he made about making too much money?

One of those things must not be true Joph (or both I suppose). Either he doesn't really think it's possible for Wall Street specifically to make too much money, or he doesn't really think that it's ok to make as much as you want as long as you have a product to sell and people who want to buy it. Well... Or we include the possibility that while he may be talking to Wall Street, he realizes that his audience will adopt this idea to other areas and is just tossing another bit of indoctrination into the mainstream public consciousness.


Either way, it's bogus. Unless you'd care to provide a better explanation. Why did he say that?

Edited, Apr 29th 2010 4:30pm by gbaji

It's not a false dilemma though. You claimed a position held by President Obama which contradicts a statement he made.

If it is true that "the president (Obama) says that the American way is to let you earn as much money as you want for as long as you have something to sell and people who want to buy it.", then there are no conditions under which Wall Street can *ever* make too much money.


So why did he make the statement while talking to/about Wall Street?