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-   -   Pepper sprayed for public safety. (http://www.lawtalkers.com/forums/showthread.php?t=863)

ThurgreedMarshall 11-12-2012 01:33 PM

Re: Pepper sprayed for public safety.
 
Quote:

Originally Posted by Hank Chinaski (Post 474599)
but 73%? there were a bunch of reasons that explain the 71% for Hispanics, but how did Asians as a group move that uniformly- I don't see Fox News or any international politics explaining it- the countries represented are too diverse politically to explain it.

I think Romney being a tremendous asshole may have had something to do with it.

TM

Greedy,Greedy,Greedy 11-12-2012 01:38 PM

Re: Pepper sprayed for public safety.
 
Quote:

Originally Posted by ThurgreedMarshall (Post 474600)
I think Romney being a tremendous asshole may have had something to do with it.

TM

Bingo.

Ryan didn't help either.

taxwonk 11-12-2012 01:39 PM

Re: Pepper sprayed because they friggin' deserved it.
 
Quote:

Originally Posted by sebastian_dangerfield (Post 474569)
On your discrete point, here's an even-handed look at the problems with SSDI: http://economics.mit.edu/files/7388

The broader argument I was making encompasses all govt transfers. Estimates vary, but if we use mere lack of medical insurance as a barometer of who's solvent and who isn't, somewhere in excess of 46 million non-retiree Americans are unable to survive without some form of govt assistance. That's a lot of people to support at any level of subsidization.

Adder would say, "We'll grow out of this problem." That's been the argument since Bush II took office. Twelve years out and we're still in stall mode, the only reason 2001-2007 appearing to have brought economic gains to a wide cross-section of society being the inflation of a housing bubble.

We're approaching a future where, Simpson-Bowles enactment or not, at any reasonable structure of rates, the tax base of this country simply won't be able to carry the cost of increasing transfer payments (fed and state) to both operate govt and subsidize the existence of non-contributors.

You are assuming that all people who receive government assistance are non-taxpayers. I am a recipient of SSDI payments and my effective tax rate last year was 16%; that's a higher rate than Mitt Romney.

As to your broader point, my answer is simple. If 46 million Americans cannot survive without some orm of government assistance, then for the most part either prices are too high or wages are too low. The market, in which you place such faith, is out of balance. It has had decades to correct itself, and yet it grows further out of balance every year.

It really is a question of feed them or fight them. I don't advocate a system where the government takes money from you and gives it directly to four people who have no income. So, we have a quandary. How do you get the money from one sector to another? I don't see a lot of people in the top quintile stepping up and volunteering for pay cuts.

Sidd Finch 11-12-2012 01:51 PM

Re: Newsflash: Repubs are suddenly in love with hispanics
 
Quote:

Originally Posted by sebastian_dangerfield (Post 474595)
Careful. Consider the forum in which you're writing this. You're setting yourself up for the lowest-hanging-fruit comeback.

Please. The range of views on this board -- from GGG/Ty to Hank to you/Slave -- is broad, and a hell of a lot broader than what you find on Fox or LFG or whatever else the right wing is listening to.

Greedy,Greedy,Greedy 11-12-2012 01:51 PM

Re: Pepper sprayed for public safety.
 
Quote:

Originally Posted by Replaced_Texan (Post 474598)
I think the "Aisian" social construct is less monolithic than the "Hispanic" one, which isn't exactly a homogenous group.

Yeah, but I think the lack of traction for the Rs is universal outside of white rural voters.

Even Politico, the most moderate major Republican outlet, ran a lead the week before the election focusing on white voters as the salvation of the Republican party. And they were all proud of that messaging! But that sends the same message to Filipinos, Indians, Japanese, Brazilians, Puerto Ricans, etc.

There is a wildly different wealth profile for several of the Asian groups, but a lot of that is based on high education levels, and, remember, Santorum made clear that the smart would never be with them.

taxwonk 11-12-2012 01:52 PM

Re: Newsflash: Slave returns
 
Quote:

Originally Posted by Sidd Finch (Post 474574)
Um, yeah. That's what I wake up thinking.

Man, FOX or whatever the hell else you watch has gotten even wackier. (Though I guess they started the "Stalin" meme back when Obama did that thing that all dictators do. Y'know, give people access to health care.)

In Slave's defense, in small part, because we all know that Slave and I find little common ground when it comes to politics, it does bother me waking up every morning knowing that the man in the White House has taken upon himself, on questionable legal grounds at best, the right to kill anyone, anywhere, on his say-so. It really doesn't help his case to say he doesn't claim that authority within the US's borders. He hasn't ever denied that he has that authority; in fact, his apologists have refused to answer the question. It's a moot point, anyway, when under the PATRIOT Act and assorted Executive Orders he has the authority to grab anybody suspected of being a terrorist, throwing a black bag over their head, and ship them off to someplace where they can be killed.

It might have changed my vote if I believed for a fraction of a second that Romney would abolish the kill list, the drone program, and make sure that Congress permanently and unequivocally barred the process. But we all know that wouldn't have happened. The sad truth is, the terrorists have already won. We have become a people willing to collectively overlook the denial of due process, international law, and basic norms of a civilized people, in the name of protecting ourselves from the sort of pople who are willing to collectively overlook the denial of due process, international law, and basic norms of a civilized people.

Greedy,Greedy,Greedy 11-12-2012 01:53 PM

Re: Newsflash: Repubs are suddenly in love with hispanics
 
Quote:

Originally Posted by Sidd Finch (Post 474603)
Please. The range of views on this board -- from GGG/Ty to Hank to you/Slave -- is broad, and a hell of a lot broader than what you find on Fox or LFG or whatever else the right wing is listening to.

Ty has very fucked up views on zoning, so please don't lump me together with him.

taxwonk 11-12-2012 01:55 PM

Re: Pepper sprayed for public safety.
 
Quote:

Originally Posted by Sidd Finch (Post 474582)
So who replaces Petraeus? And is there any fall-out from this?

And am I the only one who laughed on learning the title of his biography?

I don't know. What's the title of his biography?

taxwonk 11-12-2012 01:57 PM

Re: Newsflash: Repubs are suddenly in love with hispanics
 
Quote:

Originally Posted by Hank Chinaski (Post 474587)
my question was simply whether that came up this election cycle. RT's article seemed to imply it was something that did. I really sat this election out and had heard none of it.

Did you see the Jezebel post showing all the tweets calling Obama a nigger and a monkey?

sebastian_dangerfield 11-12-2012 02:00 PM

Re: Pepper sprayed because they friggin' deserved it.
 
Quote:

You are assuming that all people who receive government assistance are non-taxpayers. I am a recipient of SSDI payments and my effective tax rate last year was 16%; that's a higher rate than Mitt Romney.
No I'm not. You chose to make that a focus. I'm aware recipients pay taxes. I'm also aware a ton of recipients don't deserve benefits (I am responsible for several people with claims of questionable merit receiving them from private plans, all of which require recipients to make SSDI claims). I'm also aware, as that study notes, that a majority of recipients are not people who contributed substantially to SS during their careers. The SSDI I see operating in my state looks like a secondary form of long term unemployment. People go into the system young, become unemployable even if their condition improves, and then never come out, taxing the program's capacity over decades. It's sad, and pernicious.

Quote:

As to your broader point, my answer is simple. If 46 million Americans cannot survive without some form of government assistance, then for the most part either prices are too high or wages are too low. The market, in which you place such faith, is out of balance. It has had decades to correct itself, and yet it grows further out of balance every year.
I agree. The fix would be to find a way to give those on benefits who can work jobs instead of transfer payments. But how?

Quote:

It really is a question of feed them or fight them. I don't advocate a system where the government takes money from you and gives it directly to four people who have no income. So, we have a quandary. How do you get the money from one sector to another? I don't see a lot of people in the top quintile stepping up and volunteering for pay cuts.
This is where I say, "Therein lies the rub?" ~ Cue tumbleweeds here, too? ~ ETA: But the answer certainly isn't, "Force that quintile to give money to the govt to give to the people who need jobs." That only makes things worse.

taxwonk 11-12-2012 02:03 PM

Re: Pepper sprayed for public safety.
 
Quote:

Originally Posted by ThurgreedMarshall (Post 474588)
I think you are vastly understating the effect on the economy and banks in general, letting the 5-8 largest, most powerful banks fail would have. I also don't think you have thought through how interconnected all these banks are and what any bank's or pension funds assets consist of. Jesus, look at all the small banks that failed even though we propped up the biggest. Think about the ripple effect of the disapperance of the existing loan arrangements companies had with these banks. Our whole financial system, unfortunately, is dependent on the existence of these banks. Warren is correct, we should break them up. But you're out of your mind if you think we should have just let them fail.

TM

Thurgreed, you are conflating the assets and liabilities of the bank with the corporate entity. It is possible, hell, it happens all the time, to move assets and healthy liabilities to a healthier entity and let the toxic liabilities fail. That's an awful lot of what I did for 20+ years.

I do understand how interconnected things are. That's why I am so furious about what happened. The multiplier effect is supposed to be taking one person's deposits and lending that deposit to an unrelated party. When the banks start dealing to their own trading subsidiaries, and eerrybody gets all incestuous with offsetting swaps based on pure air, the train is off the rails.

taxwonk 11-12-2012 02:06 PM

Re: Pepper sprayed for public safety.
 
Quote:

Originally Posted by ThurgreedMarshall (Post 474589)
Umm, I didn't realize that we were only talking about part of the fiscal cliff. You do realize that it's not just about tax cuts, right?

Yes. I thought it was horrible idea getting rid of it back then and it absolutely should be restored. Show me someone who isn't for bringing it back and I'll show you a financial speculator who hasn't yet been paid his seven figure bonus.

TM

Yes, I know. The other part of the fiscal cliff is cuts in defense spending and other federal programs that are not involved with transfer payments to individuals based on need. In short, the spending cuts are more likely to bring the Rs to the table than the expiration of some tax cuts.

taxwonk 11-12-2012 02:12 PM

Re: Pepper sprayed for public safety.
 
Quote:

Originally Posted by ThurgreedMarshall (Post 474594)
Are you serious? If one more huge bank went down, and you could have gotten your money out of wherever you keep it, you would have decided to leave it there?

TM

Yes, I would have. Because I believed George Bailey when he assured the folks in Bedford Falls that their money was there, and I believe in the FDIC.

Greedy,Greedy,Greedy 11-12-2012 02:15 PM

Re: Pepper sprayed for public safety.
 
Quote:

Originally Posted by taxwonk (Post 474607)
I don't know. What's the title of his biography?

http://www.writerswrite.com/pics/pau...ell_all_in.jpg

I'm enjoying the headline battle between the NY Post and Daily News: "Cloak and Shag Her" versus "War and Piece". Who says NY journalism is dead?

And will any of us be able to hear that a reported is "embedded" again without laughing?

taxwonk 11-12-2012 02:15 PM

Re: Pepper sprayed for public safety.
 
Quote:

Originally Posted by Hank Chinaski (Post 474599)
but 73%? there were a bunch of reasons that explain the 71% for Hispanics, but how did Asians as a group move that uniformly- I don't see Fox News or any international politics explaining it- the countries represented are too diverse politically to explain it.

I put it down to the fact that most immigrants come here with very little money, and Romney made one thing very, very clear. He don't fucking care about people with very little money.


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