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  • MitzaLizalor
    replied
    Re: Pray for Less Stress Among the Super Rich

    Christ's standard so well expressed in Matthew is described outright as sorcery in the wretched communist manifesto of 1848.



    a society that has conjured up such gigantic means of production and of exchange is like the sorcerer who is no longer able to control the powers of the nether world whom he has called up by his spells

    For many a decade past the history of industry and commerce is but the history of the revolt of modern productive forces against modern conditions of production, against the property relations that are the conditions for the existence of the bourgeoisie and of its rule. It is enough to mention the commercial crises that by their periodical return put on its trial, each time more threateningly, the existence of the entire bourgeois society. In these crises a great part not only of the existing products, but also of the previously created productive forces, are periodically destroyed. In these crises there breaks out an epidemic that, in all earlier epochs, would have seemed an absurdity -- the epidemic of over-production. Society suddenly finds itself put back into a state of momentary barbarism;

    it appears as if a famine, a universal war of devastation had cut off the supply of every means of subsistence; industry and commerce seem to be destroyed

    and why? Because there is too much civilisation, too much means of subsistence, too much industry, too much commerce. The productive forces at the disposal of society no longer tend to further the development of the conditions of bourgeois property; on the contrary, they have become too powerful for these conditions, by which they are fettered, and so soon as they overcome these fetters, they bring disorder into the whole of bourgeois society, endanger the existence of bourgeois property. The conditions of bourgeois society are too narrow to comprise the wealth created by them. And how does the bourgeoisie get over these crises? On the one hand inforced destruction of a mass of productive forces; on the other, by the conquest of new markets, and by the more thorough exploitation of the old ones. That is to say, by paving the way for more extensive and more destructive crises, and by diminishing the means whereby crises are prevented. The weapons with which the bourgeoisie felled feudalism to the ground are now turned against the bourgeoisie itself. But not only has the bourgeoisie forged the weapons that bring death to itself; it has also called into existence the men who are to wield those weapons -- the modern working class -- the proletarians.

    In proportion as the bourgeoisie, i.e., capital, is developed, in the same proportion is the proletariat, the modern working class, developed -- a class of labourers, who live only so long as they find work, and who find work only so long as their labour increases capital. These labourers, who must sell themselves piece-meal, are a commodity, like every other article of commerce, and are consequently exposed to all the vicissitudes of competition, to all the fluctuations of the market.

    Right there. Everything Christ endorsed, the development of capital, even the will of Christians to be His servant, ripped up roots and all. Most importantly the buying and selling of Christians between wicked angels, outright demons or Beelzebub himself is impossible because Jesus has already bought us in an unalterable transaction! Hallelujah!! No matter how buoyant the market in humans among devils, vicissitudes of competition and fluctuations in that market permanently exclude Christians. Jesus expects a return on His investment: it's right there in the parable.

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  • Prayer Warrior
    replied
    Re: Pray for Less Stress Among the Super Rich

    Originally posted by Prayer Warrior View Post
    https://twitter.com/jstein_wapo/stat...00135844261889
    Mick Mulvaney says if we have another stimulus, it should include indexing the capital gains tax for inflation. That would be a $2 trillion tax cut over ten years, 86% of which would go to the top 1 percent of ultra rich Americans https://t.co/ttnKp7qcH9


    I'm glad Republicans are addressing the important issue of capital gains tax.
    To people complaining that a capital gains tax doesn't address our current crisis, all those people receiving generous $600 a week bonuses and $1,200 stimulus checks had the opportunity to invest that money in the stock market. Now that they've had their chance the solution is not to give them more money if they squandered the money that they had.

    As the Bible tells us, Jesus hates those who don't fully utilize the gifts He gives them ( https://www.landoverbaptist.net/showthread.php?p=934413 )
    Matthew 25: 26 "His lord answered and said unto him, Thou wicked and slothful servant, thou knewest that I reap where I sowed not, and gather where I have not strawed:"

    Matthew 25:29 " For unto every one that hath shall be given, and he shall have abundance: but from him that hath not shall be taken away even that which he hath."
    In ancient times, the stock market did not exist but it does now. Those that didn't invest and instead wasted their gifts are wicked, slothful and spitting in Jesus's face.


    This is how Jesus would handle sickness if He were around today.


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  • MitzaLizalor
    replied
    Re: Pray for Less Stress Among the Super Rich

    Originally Posted by Prayer Warrior
    https://www.rawstory.com/2020/07/chr...-bribery-case/
    from the letter
    Ohio's libraries are among the best — and best-funded — in America. This year alone the state will spend nearly $400 million supporting local libraries, which are a wonderful resource for our communities.

    Each and every day across Ohio, libraries are playing an important role in helping our students through literacy programs, book clubs and other enrichment activities. These and other initiatives, like educating young people on the dangers of drugs or teaching them technology skills, are the types of programs and activities on which the taxpayers hope to see their libraries focused.
    And yet when the very skills I've highlighted are supported, with opportunities for employment and enrichment on all levels, this is suddenly a cause for criticism?




    Originally Posted by Cincinatti.com
    The criminal complaint accused Householder of creating an enterprise, Generation Now Ohio, to collect large sums of money for him and others involved in the conspiracy and to advocate for the bailout of the nuclear plants. Some of the money also was spent on Householder's political campaign, as well as on the campaigns of allies, the complaint said.
    What do they expect? Everyone going back to tinderboxes or learning about rub sticks together before you can have a cup of coffee? Communism sure is an expressway to to the stone age.
    Attached Files

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  • Johny Joe Hold
    replied
    Re: Pray for Less Stress Among the Super Rich

    Originally posted by Prayer Warrior View Post
    I think this is a good opportunity to show Christian love and forgiveness.
    Good observation. There is so much rush to judgement these days. Let's reflect on the entire set of circumstances before we decide who is right and who is wrong.

    Leave a comment:


  • Prayer Warrior
    replied
    Re: Pray for Less Stress Among the Super Rich

    https://www.rawstory.com/2020/07/chr...-bribery-case/

    Christian Conservative Speaker of the Ohio House arrested in $60 million bribery case


    The criminal complaint accused Householder of creating an enterprise, Generation Now Ohio, to collect large sums of money for him and others involved in the conspiracy and to advocate for the bailout of the nuclear plants. Some of the money also was spent on Householder's political campaign, as well as on the campaigns of allies, the complaint said.


    "The millions paid into the entity were akin to bags of cash," prosecutors said in the complaint. "Unlike campaign or PAC contributions, they were not regulated, not reported, not subject to public scrutiny – and the enterprise freely spent the bribe payments to further the enterprise’s political interests and to enrich themselves.”


    the group's purpose was to protect the nuclear plant bailout and enrich Householder and the others.


    I think anyone able to get 60 million from corporations must be working really hard. Is this really a bribe, or is it just a reward for a job well done? Christian Conservatives are under constant persecution, so who am I to judge if one needs some extra money to take care of his family?


    We basically have bribery anyway, so it's understandable he didn't know the exact protocol on how to receive money. Is this really all that different from donating to Super Pacs?


    I think this is a good opportunity to show Christian love and forgiveness.

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  • MitzaLizalor
    replied
    Re: Pray for Less Stress Among the Super Rich

    Originally posted by Prayer Warrior View Post
    Anyone can go to a 9/5 job. Investing in the stock market takes careful long term planning and frugality.
    From what I understand, those investments are not mere statistical anomalies (if they were there'd be bubbles galore) but considered votes of confidence in operations more or less likely to succeed. A manufacturer of square wheels is going nowhere fast, for instance, whereas suppliers of poison to Lucrezia Borgia would have a bright outlook. In the modern era, ever new and (never before used) unidentifiable means of assassination, although requiring ultra-heavyweight industrial infrastructure, would assure solid returns insofar as the "ever new" requirement could be sustained.
    I'm not suggesting investments of that sort but clearly its personnel need to know what they're doing. Long term planning similarly needs to evaluate competence.
    If one goes bust investing in the square wheels project: tough. Should've seen it coming. Electric transport options, however derided once long ago, would zoom ahead for material suppliers (weird metals stockholders or refiners or miners) just as much as for dealerships or recharging stations. And if that's where I'd invested, why should I be taxed twice?
    Originally posted by Johny Joe Hold View Post
    A capital gains tax holiday--that would Make America Great Again for sure.
    Maybe an asset I'd held—it wouldn't really matter what it was—suddenly increased in value. All I could do would be to buy an equivalent asset at its own inflated price. Or wait and buy something else later. Or not buy and not starve either. But say my asset fell out of bed CLUNK

    Would I be reimbursed? Check out skid row, see what they say. Bit if no reward is offered for failed investment decisions, why should there be penalties for success?


    .
    Last edited by MitzaLizalor; 07-18-2020, 11:00 AM. Reason: conditional clause

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  • Dr. Anthony J. Toole
    replied
    Re: Pray for Less Stress Among the Super Rich

    Originally posted by Johny Joe Hold View Post
    A capital gains tax holiday--that would Make America Great Again for sure.

    And, I think it would have broad support across the U.S. Today if you would survey average people walking the street and asked, "Should wealthy people pay capital gains on their stock market profits?" over whelmingly they would say NO. They understand the disappointment investors feel when their profits disappear with taxes.

    A capital gains tax holiday would put President Trump in office for a second term.
    Obviously stock held in retirement accounts is taxed as income so it doesn't qualify for the capital gains holiday. Only stock held outside. You'd be shocked how many people own investments outside of retirement funds - many, many dozens of people.

    Think about it - if you max out your tax advantaged retirement funds you can only save about $50k per year as an individual or $100k as a married couple. I know.

    So obviously you're going to have to invest outside. That's the money that a capital gains holiday will protect. Just in time to cash out of the biggest low interest fueled debt financed stock buyback bull run in history and a looming COVID/unemployment/global warming Biden recession that will make blood run in the streets. I predict a bubble in private islands so get in there as soon as the holiday starts. Heh, holiday.

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  • Johny Joe Hold
    replied
    Re: Pray for Less Stress Among the Super Rich

    A capital gains tax holiday--that would Make America Great Again for sure.

    And, I think it would have broad support across the U.S. Today if you would survey average people walking the street and asked, "Should wealthy people pay capital gains on their stock market profits?" over whelmingly they would say NO. They understand the disappointment investors feel when their profits disappear with taxes.

    A capital gains tax holiday would put President Trump in office for a second term.

    Leave a comment:


  • Prayer Warrior
    replied
    Re: Pray for Less Stress Among the Super Rich

    Kudlow today on some key WH priorities for phase 4: -- Payroll tax holiday -- "Unemployment reforms" (WH wants to knock down $600 plus-up) -- Return to work bonuses -- PPP extension (?) -- Targeted/direct form of stimulus checks -- Capital gains holiday

    Kudlow today on some key WH priorities for phase 4:

    -- Payroll tax holiday


    -- "Unemployment reforms" (WH wants to knock down $600 plus-up)


    -- Return to work bonuses


    -- PPP extension (?)


    -- Targeted/direct form of stimulus checks


    -- Capital gains holiday
    https://twitter.com/lhfang/status/1282688023096782849


    Mick Mulvaney says if we have another stimulus, it should include indexing the capital gains tax for inflation. That would be a $2 trillion tax cut over ten years, 86% of which would go to the top 1 percent of ultra rich Americans
    I'm glad Republicans are addressing the important issue of capital gains tax. Anyone can go to a 9/5 job. Investing in the stock market takes careful long term planning and frugality.


    For starters, we need the super rich to have faith in our economy to start investing again so we can all have jobs. The best way to do that is through a capital gains tax cut.


    On top of that, everyday Americans are learning it's not so smart to live paycheck to paycheck. They need to save and invest for hard times. Though they were never properly motivated until now due to excessive capital gains taxes and generous unemployment benefits that let them live like kings. Now everyone will invest and become rich instead of spending money on upgrading their cellphone every year, Starbucks, etc.


    Extra unemployment benefits and stimulus checks just motivates Americans to not work and become lazy and to not save for a rainy day fund when they get laid off so it is wise to cut those payments. Thank goodness we have Republicans considering these important stress relieving measures during these unprecedented times.

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  • Johny Joe Hold
    replied
    Re: Pray for Less Stress Among the Super Rich

    Originally posted by Prayer Warrior View Post
    When billionaires win we all win.
    The Coronavirus is a teaching moment it there ever was one. We're learning that the very wealthy 1% are afraid to go out to restaurants and bars.

    Most recessions recover when people start spending on cars and appliances. The rich are still buying a few of these but the entertainment venues they enjoy are laying off workers and closing.

    We need to be praying that the super rich soon feel confident going out for entertainment. Right now their stress levels are high.

    Let's all continue to pray for them.

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  • Prayer Warrior
    replied
    Re: Pray for Less Stress Among the Super Rich



    "US billionaires' wealth has increased by 19% since coronavirus lockdown"





    "Billionaires are giving a tenth of a percent of their wealth to coronavirus pandemic"


    Trickle down economics at its finest. People may not think 0.1% is a lot, but from a billionaire that could be tens of millions or hundreds of millions of dollars. Far more than a normal person could donate. Not to mention the billionaires deserve this extra money for all the added stress they're going through.



    This just goes to show why we can't have an added tax on the upper class. If we did they would probably leave the country, and then not only would we not get tax revenue from them but we can say goodbye to those generous 0.1% donations. When billionaires win we all win.

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  • WWJDnow
    replied
    Re: Pray for Less Stress Among the Super Rich

    In Utah, if a girl isn't married off by age 11 to some old Mormon leader or another, she's considered an old maid. While I don't approve of any kind of pornography, this sort of thing is business as usual there. The Bible tells me "judge not, lest you yourself be judged." So who are we to judge them if their customs are different?

    We should all be focused on the real crime here, which is Obamagate.

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  • Johny Joe Hold
    replied
    Re: Pray for Less Stress Among the Super Rich

    Originally posted by Prayer Warrior View Post
    Utah tech CEO Douglas Saltsman has pleaded guilty to having more than 13k files of child porn and having videos of himself having sexual intercourse with several unconscious women, but is this the time for punitive and Draconian measures or the time to show Christian love and forgiveness?

    Unemployment is on the rise now more than ever, and we won't help these numbers by jailing tech CEOs. .... The wealthy with strong legal defenses can stay in their mansions (which under lockdown they'd be doing anyway) and others should serve their time in jail.
    Thank you for bringing this story to our attention, Brother Prayer.

    I agree. What will we accomplish in this country if our richest and smartest people are behind bars? These are the very ones we need to guide us to a higher economic plateau.

    It's time to ask whether the mischief this brilliant man got himself into is so serious we need to harm our country over it. Let's have some perspective here.

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  • Prayer Warrior
    replied
    Re: Pray for Less Stress Among the Super Rich

    UPDATE:An online petition to remove Judge Douglas Hogan is collecting signatures after his 210-day sentencing of former Utah tech CEO and admitted pedophile Douglas Saltsman on Thursday. (ORIGINAL REPORT) – A judge sentenced admitted pedophile and former Utah CEO Douglas Saltsman to 210 days in jail and 48 months probation on Thursday for possessing more than 13,000 files of graphic child pornography, some of which involved rape and bestiality.



    Utah tech CEO Douglas Saltsman has pleaded guilty to having more than 13k files of child porn and having videos of himself having sexual intercourse with several unconscious women, but is this the time for punitive and Draconian measures or the time to show Christian love and forgiveness?




    Unemployment is on the rise now more than ever, and we won't help these numbers by jailing tech CEOs.





    He looks sad to me, he's probably very sorry for what he did. Yes, it was wrong, but it's times like these to move forward and not backwards. "Credit for the time served up to this point is 148, that leaves an outstanding balance to be served. Upon completing the total of 210 days he may be released to Adult Probation & Parole and Supervision."


    These tech CEOs are fast learners, so 62 extra days in jail is probably enough time for him to learn the error of his ways.


    Unfortunately, we have petitions online trying to attack the judge in this case. Don't liberals believe in rehabilitation?


    Especially now during this time of pandemic we need to look into alternative punishment measures. Campaigner for Trump team and advisor to Ronald Reagan, George HW Bush, Paul Manafort for example was sentenced to house arrest rather than a prison for example:


    His lawyers argued that the medications, along with his health history, "make plain that Mr. Manafort is at a significantly higher risk for serious illness or death."



    Surely house arrest is more suitable and fair punishment during these tough times. You put them in jail now it could kill them.


    This Corona virus situation is the perfect opportunity for judges to exercise their discretion. The wealthy with strong legal defenses can stay in their mansions (which under lockdown they'd be doing anyway) and others should serve their time in jail.

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  • LW1997
    replied
    Re: Pray for Less Stress Among the Super Rich

    We all need to be rich like Joel Osteen told us.

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