Koch Brothers Increased Wealth by $9 Billion Last Year As They Fund Laws to Make Working Class Poore

[southwind]

Given Health Care Reform was modeled on Massachusetts plan already in place, it doesn't look like it will hurt insurance execs at all.

But it will make tax-payers poorer !

http://money.cnn.com/2010/06/15/news/economy/massachusetts_healthcare_reform.fortune/index.htm

Lesson 1: The Massachusetts plan does not control costs.

Lesson 2: Community rating, guaranteed issue and mandated benefits swell costs.

Lesson 3: Huge subsidies for low-to-medium earners could prove extremely expensive.

Lesson 4: The exchanges reward people for working less and earning less.

Lesson 5: The generous plans and added mandates give employers an incentive to drop health insurance.

 

[P. REZ]

Typical liberal class warfare talking point. All fluff, no facts.

Unfortunately the only way to prove would be for Unions to go away and I don't even wish that upon an ignorant person like you. If you forget the past it will come back and haunt you. Unions were formed for a reason and if you really believe that Corporate America wouldn't let greed overtake fair wages and benefits then you really do need a dose of reality. At my company the Administrative people earn low class wages because the company isn't worried about them unionizing. Look up the book, "Confessions of a Union buster" and read that for reality. This is a former Union buster hired by many Corporations to keep Unions out and it is a real eye opener. My Company hired a firm to try to keep our Union out to no avail. Learning is the key to knowledge my ignorant one.

 

[dapoes]

Unfortunately the only way to prove would be for Unions to go away and I don't even wish that upon an ignorant person like you. If you forget the past it will come back and haunt you. Unions were formed for a reason and if you really believe that Corporate America wouldn't let greed overtake fair wages and benefits then you really do need a dose of reality. At my company the Administrative people earn low class wages because the company isn't worried about them unionizing. Look up the book, "Confessions of a Union buster" and read that for reality. This is a former Union buster hired by many Corporations to keep Unions out and it is a real eye opener. My Company hired a firm to try to keep our Union out to no avail. Learning is the key to knowledge my ignorant one.

You only see what you want to see thru your union goggles. Its your character defect not mine.

 

[Dog Wonder]

But it will make tax-payers poorer !

Make up your mind.

Do you want the rich getting richer, or the poor getting poorer?

 

[southwind]

Make up your mind.

Do you want the rich getting richer, or the poor getting poorer?

Guess you missed the point...........................as usual !

Obamacare TM, will make the working man, who pays taxes to support deadbeats and public-worker unions, poorer !

 

[SparrowHawk]

Make up your mind.

Do you want the rich getting richer, or the poor getting poorer?

Here's notion worth pondering.

How about we go back to the concept of Individual Freedom & Liberty? That we have a government that ensures EVERY citizen the opportunity to be as successful as they are capable of being?

 

[xUT]

Here's notion worth pondering.

How about we go back to the concept of Individual Freedom & Liberty? That we have a government that ensures EVERY citizen the opportunity to be as successful as they are capable of being?

Every individual has their capacity regardless of opportunity.
Some people overcome great hardships and succeed.
Some people succeed without any hardship.
What is your plan for those that can not exercise their opportunities due to mental/physical/age disabilities?

Just pondering...

 

[SparrowHawk]

Every individual has their capacity regardless of opportunity.
Some people overcome great hardships and succeed.
Some people succeed without any hardship.
What is your plan for those that can not exercise their opportunities due to mental/physical/age disabilities?

Just pondering...

As a nation we take care of our own, It's a moral imperative. How and who pays is the political part that becomes rather distasteful at times.

The Social Security System is/was not the way to go and now we are stuck with it and simple solutions are not available. If the average worker earning the minimum wage put the same amount as their employer currently contribute into a simple passbook savings account earning 4% that person, having started contributing at age 25 would have a net worth of just under 1 million dollars at age 65.

This example is merely one reason why I'm not a giant fan of Government run social programs. I don't know what the answer is or will be, however I am quite certain it's not the system we have now or the one we seem headed toward.

 

[xUT]

As a nation we take care of our own, It's a moral imperative. How and who pays is the political part that becomes rather distasteful at times.

The Social Security System is/was not the way to go and now we are stuck with it and simple solutions are not available. If the average worker earning the minimum wage put the same amount as their employer currently contribute into a simple passbook savings account earning 4% that person, having started contributing at age 25 would have a net worth of just under 1 million dollars at age 65.

This example is merely one reason why I'm not a giant fan of Government run social programs. I don't know what the answer is or will be, however I am quite certain it's not the system we have now or the one we seem headed toward.

Throw me your spreadsheet on how an $8 hour worker can accumulate $1 mill at 65.
(4% passbook savings? when?)

But you did not address the 'non working' society we have.
What do we do with them?
Euthanasia?

 

[SparrowHawk]

Throw me your spreadsheet on how an $8 hour worker can accumulate $1 mill at 65.
(4% passbook savings? when?)

But you did not address the 'non working' society we have.
What do we do with them?
Euthanasia?

It's called compound interest. Over a 40 year period your money will grow at a pretty alarming rate. This is why the Social Security Trust Fund is such a freaking joke as their is no trust fund. Could you imagine what the size of the trust would be if it were held to the same rules as private trust funds? That pool of money would be so large that as a nation we would have an economic juggernaut that would be very difficult for the world to compete with. Capital formation is the fuel that drives growth.

"We take care of our own" was me saying that as a society we have a moral obligation to help those who cannot help themselves. How to fund that is open to debate.

 

[Dog Wonder]

Guess you missed the point.

Not hard when there is no point, only puking up neocon talking points..

The CEO of Massachusetts Blue Cross Blue Shield gets rich and walks off of Mitt Romney's health care plan. Great in your programmed mind. The rich get richer.

The working man pays the price. Which you are, and should be, opposed to.

But then you also hate unions which have historically, and still do, look out for the interest of the working man.

So which side are on?

Do you know?

 

[xUT]

It's called compound interest. Over a 40 year period your money will grow at a pretty alarming rate. This is why the Social Security Trust Fund is such a freaking joke as their is no trust fund. Could you imagine what the size of the trust would be if it were held to the same rules as private trust funds? That pool of money would be so large that as a nation we would have an economic juggernaut that would be very difficult for the world to compete with. Capital formation is the fuel that drives growth.

"We take care of our own" was me saying that as a society we have a moral obligation to help those who cannot help themselves. How to fund that is open to debate.

Throw me some numbers for compound interest for min wage to make $1 Mil at 65.

http://www.math.com/students/calculators/source/compound.htm

Years
Percent Yield
Initial Balance
Monthly Contribution

B)

 

[dapoes]

Throw me some numbers for compound interest for min wage to make $1 Mil at 65.

http://www.math.com/students/calculators/source/compound.htm

Years
Percent Yield
Initial Balance
Monthly Contribution

B)

Minimum wage is just that. Minimum pay for minimum work. If you are stuck in minimum jobs throughout your life then something's seriously wrong.

 

[SparrowHawk]

Throw me some numbers for compound interest for min wage to make $1 Mil at 65.

http://www.math.com/students/calculators/source/compound.htm

Years
Percent Yield
Initial Balance
Monthly Contribution

B)

Do the math yourself, I'm watching a movie. Since you are the disbeliever. Truth is if my calculations are incorrect and it only turns out to be $500,000 still proves the point.

 

[southwind]

Every individual has their capacity regardless of opportunity.
Some people overcome great hardships and succeed.
Some people succeed without any hardship.
What is your plan for those that can not exercise their opportunities due to mental/physical/age disabilities?

Just pondering...

No issues here, supporting mental/physical/age disabled people out there. It's the people who are capable , but expect a nanny state to take care of their needs , that I do not support !

Pondering Done !