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im scratching my head a bit
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<blockquote data-quote="wkmac" data-source="post: 415703" data-attributes="member: 2189"><p>That's a good point but I think even moreso in this light.</p><p> </p><p>President wanna-be Obama loves to point out that McCain voted with Bush a high % of the time which I don't doubt is true but here's my problem with that. When it counted, when Bush policy was moving mass amounts of dollars to be created out of thin air which is inflationary in itself, whether through increasing debt limits to fund the Iraq war or his most recent act where he carried Bush water (actually just following Pelosi and Reid) in the massive Wall Street bailout. All these economic acts of intervention are inflationary on a fundamental level. </p><p> </p><p>Corporations indeed do not pay taxes but embed those cost into their products or services that their own customers pay. As you pointed out so well this is inflationary. And who suffers the most in this scenario? The poor and those on fixed income, the very people Obama claims (along with many "democrats" here) wants to help. But here's where it gets even worse for the "little guy!"</p><p> </p><p>Large corporations are better able to absorb these tax costs but the small "Mom and Pop" outfits can't afford on staff tax lawyers, Washington lobbyist and the like to get them special treatment. So what happens is a further destruction of what we still call the "free market" (it ain't) in that the "Mom and Pop" business goes away and further consolidation of the market goes into the larger corporations which create a monopolistic marketplace. Once the monopoly marketplace is consolidated, the monopoly and not the market dictate terms. Amazing so many of us were fooled into thinking the Trust Busting Acts of Gov't prevented monopolies. Did anyone bother to read who wrote those pieces of legislation back in the day? We got conned again folks!</p><p> </p><p>So many "good democrats" scream of the horrible Walmarts putting small Mom and Pop businesses out of work but then by gov't decree, they will in effect do the very same thing. Maybe this explains why so much corp. money is backing the democrats this go-round!</p><p> </p><p>You know, come to think of it, Pelosi, Reid, Frank and Schumer were qucik draw McGraw when Wall Street Big Business came calling for a bailiout. You union members better think again about these folks! Not that you have much choice on the otherside of the isle <img src="/community/styles/default/xenforo/smilies/FeltTip/wink.png" class="smilie" loading="lazy" alt=":wink2:" title="Wink :wink2:" data-shortname=":wink2:" /> but you guys should be voting Nader if you really want someone of principle in office to share your concerns.</p><p> </p><p>But wait, if too many Mom and Pop's start going down gov't will act again to create some program that they give money or whatever to maybe throw a bone to small business in order to buy votes and look good. It won't solve the root problem but only mask it for a time but hey, it creates jobs (gov't jobs in the bureacracy) in order to skew the unemployment numbers. Or, in other words, create the problem and then grow gov't to so-call solve it! Hegel and his dialectic would be so proud of us!</p><p> </p><p></p><p> </p><p>Hegel was also quoted in the 1959' "Rise and Fall of the 3rd Reich" on page 144 as following:</p></blockquote><p></p>
[QUOTE="wkmac, post: 415703, member: 2189"] That's a good point but I think even moreso in this light. President wanna-be Obama loves to point out that McCain voted with Bush a high % of the time which I don't doubt is true but here's my problem with that. When it counted, when Bush policy was moving mass amounts of dollars to be created out of thin air which is inflationary in itself, whether through increasing debt limits to fund the Iraq war or his most recent act where he carried Bush water (actually just following Pelosi and Reid) in the massive Wall Street bailout. All these economic acts of intervention are inflationary on a fundamental level. Corporations indeed do not pay taxes but embed those cost into their products or services that their own customers pay. As you pointed out so well this is inflationary. And who suffers the most in this scenario? The poor and those on fixed income, the very people Obama claims (along with many "democrats" here) wants to help. But here's where it gets even worse for the "little guy!" Large corporations are better able to absorb these tax costs but the small "Mom and Pop" outfits can't afford on staff tax lawyers, Washington lobbyist and the like to get them special treatment. So what happens is a further destruction of what we still call the "free market" (it ain't) in that the "Mom and Pop" business goes away and further consolidation of the market goes into the larger corporations which create a monopolistic marketplace. Once the monopoly marketplace is consolidated, the monopoly and not the market dictate terms. Amazing so many of us were fooled into thinking the Trust Busting Acts of Gov't prevented monopolies. Did anyone bother to read who wrote those pieces of legislation back in the day? We got conned again folks! So many "good democrats" scream of the horrible Walmarts putting small Mom and Pop businesses out of work but then by gov't decree, they will in effect do the very same thing. Maybe this explains why so much corp. money is backing the democrats this go-round! You know, come to think of it, Pelosi, Reid, Frank and Schumer were qucik draw McGraw when Wall Street Big Business came calling for a bailiout. You union members better think again about these folks! Not that you have much choice on the otherside of the isle :wink2: but you guys should be voting Nader if you really want someone of principle in office to share your concerns. But wait, if too many Mom and Pop's start going down gov't will act again to create some program that they give money or whatever to maybe throw a bone to small business in order to buy votes and look good. It won't solve the root problem but only mask it for a time but hey, it creates jobs (gov't jobs in the bureacracy) in order to skew the unemployment numbers. Or, in other words, create the problem and then grow gov't to so-call solve it! Hegel and his dialectic would be so proud of us! Hegel was also quoted in the 1959' "Rise and Fall of the 3rd Reich" on page 144 as following: [/QUOTE]
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