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11-17-2011 #1
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No wonder GE doesn't pay federal income tax
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11-17-2011 #2
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Re: No wonder GE doesn't pay federal income tax
The article you linked suggests a government regulation on the personal holdings of members of Congress. I haven't thought sufficiently about the particulars of that suggestion, but generally I agree that we need more regulation of big commercial banks, large corporations, their stock holders and especially those stock holders in government and military positions.
"...I no longer believe that people's secrets are defined and communicable, or their feelings full-blown and easy to recognize."_Alice Munro, Chaddeleys and Flemings.
"...the order in creation which you see is that which you have put there, like a string in a maze, so that you shall not lose your way". _Judge Holden, Cormac McCarthy's, BLOOD MERIDIAN.
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11-17-2011 #3
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- Mar 2008
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Re: No wonder GE doesn't pay federal income tax
No Trish, why isn't Congress in jail? That's the quesiton you should be asking...
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11-17-2011 #4
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Re: No wonder GE doesn't pay federal income tax
There's a law against quid quo pro, but no regulation against Congressmen owning stock. They aren't in jail because no laws were provably broken. The article suggests a regulation requiring the holdings of a Congress person be put into a blind trust. That would be an additional regulation. The article favors a "bigger" government, if by "bigger" one means a larger body of laws and regulations.
"...I no longer believe that people's secrets are defined and communicable, or their feelings full-blown and easy to recognize."_Alice Munro, Chaddeleys and Flemings.
"...the order in creation which you see is that which you have put there, like a string in a maze, so that you shall not lose your way". _Judge Holden, Cormac McCarthy's, BLOOD MERIDIAN.
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11-17-2011 #5
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- Oct 2009
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- jamaica
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- 115
Re: No wonder GE doesn't pay federal income tax
They are not breaking any laws but their is no question that a conflict of interest exists throughout Congress. However anyone entering congress has a contituency and this is not much different. Democrats were bought by the teamsters and big labor for decadesand I'm a Dem.
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11-17-2011 #6
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- Mar 2008
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- 254
Re: No wonder GE doesn't pay federal income tax
Why do you trust a group of people that pass laws that supposedly apply to all Amercians but not themselves? Why would you trust a body of poeple that demonzie Wall Street for insider trading and a lack of transparency yet enjoy the same privelages legally? Why would you trust a government that passes a law mandating that all Americans purchase health insurance yet they exempt themselves? Why would you put your blind faith in a body of poeple that get a full lifetime pension even if they only serve ONE term in office? How can you trust a government whose elected officials pass laws that forgive student loans for their children when the rest of America has to pay thier debts....
The very institution that you rely on to make life fair or 'level the playing field' are so immoral and corrupt that it is beyond comprehension.
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11-17-2011 #7
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- Mar 2006
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Re: No wonder GE doesn't pay federal income tax
Why do trust people who would contaminate your water in order to sell you shale oil at a profit? Checks and balances. One group depends on our votes. The other on our ability to sue their asses. Without the first group, we can't sue the asses of the second group. It's all synergistic. Before one can define what one means by "minimal government" one must first stipulate the expectations of government. IMO we need a government of by and for the people. We need to make sure we are paid the appropriate royalties for the oil, coal, lumber and raw products that are ripped from our lands for personal profit. We need to have government insight to insure our water supplies are safe from contamination and that our air isn’t pumped with carcinogens. You don’t want protesters living in the public park, I don’t want to step over the broke and destitute when I walk down the street. We need economic and medical safety nets like any other civilized nation. Excessive disparity in wealth creates excessive disparity in power, otherwise known as oligarchy. We want our middle class back.
"...I no longer believe that people's secrets are defined and communicable, or their feelings full-blown and easy to recognize."_Alice Munro, Chaddeleys and Flemings.
"...the order in creation which you see is that which you have put there, like a string in a maze, so that you shall not lose your way". _Judge Holden, Cormac McCarthy's, BLOOD MERIDIAN.
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11-17-2011 #8
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- Mar 2008
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- 254
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11-17-2011 #9
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- Mar 2006
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- The United Fuckin' States of America
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- 13,898
Re: No wonder GE doesn't pay federal income tax
So do you advocate no government what-so-ever? Minimal government? What is minimal government? The smallest government required to serve what needs?
"...I no longer believe that people's secrets are defined and communicable, or their feelings full-blown and easy to recognize."_Alice Munro, Chaddeleys and Flemings.
"...the order in creation which you see is that which you have put there, like a string in a maze, so that you shall not lose your way". _Judge Holden, Cormac McCarthy's, BLOOD MERIDIAN.
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11-17-2011 #10
Re: No wonder GE doesn't pay federal income tax
Belongs in the Political Forum...
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