Romney Parks Millions in Cayman Islands

SmarterThanYou said:
yes, it is. so they were wealthy, who cares about it back then? the system wasn't set up to prevent people from making their own wealth at that point in time. nowadays, it is.
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how is it set up today prevent people making their own wealth? i'm making my own wealth. bill gates...buffet...
 
George Washington was the 2nd wealthiest president ever ( JFK was the wealthiest). This idea that being a wealthy candidate is a new phenomena is absurd. Mitt earned his money legitimately. Like all liberals, who are only envious and derisive about wealth when it belongs to a conservative, those on this board prove the stigma of hypocrisy over the issue correct.

Link
 
SmarterThanYou said:
figuratively.

since you have decided to go completely literal with my statements and your responses, let me be perfectly direct in saying that the only way in which the wealthy politicians care about us average folk is we are a commodity to them. without us, they would find it impossible to be wealthy. Both in us as consumers and us as their labor. they have zero desire to make things more equal for us to be our own business owners or wealthy in our own right.
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Well now you are making a very strong broad generalization about people who you just don't know. We have somehow jumped from "the wealthy" to "wealthy politicians" and I think I know why, because 'average' people hear 'wealthy politicians' and immediately associate negative connotation. We are prejudiced by the stigma... who in the hell likes a wealthy politician? And I for one, certainly don't want to put myself in the position of advocating for wealthy politicians, but a generalization is still a generalization, and I have to call you on it.

Wealthy people are as different as everyone else, they have all kinds of interests, motivations, desires and wishes... you can't say that rich people don't do this or rich people are like that... They are all different! But it is important to the Class Warfare Warriors to demonize the wealthy, so we get these generalized statements such as you made. When you stop being closed-minded, you can understand that rich people are no different than you and I, they want people to be happy, they want people to eat, they even want people to become rich and successful in life... When the economy is thriving, when people have jobs, consumers have confidence, and things are going well for everyone... the rich people prosper too. What sense would it make for wealthy people to not care about others? Why is it that you believe with all your heart, that money in large quantities has just morally corrupted these people and they have no sense of human decency because of wealth? Because, really, that's what you are saying here. You are making generalized statements that don't stand up to scrutiny, about an entire segment of society, people you don't know or know the first thing about.
 
Yurt said:
how is it set up today prevent people making their own wealth? i'm making my own wealth. bill gates...buffet...
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from federal to local, the amount one has to pay for licenses, extra training if required, and all other associated fees, plus keeping ones self up to date on any administrative rule changes that can happen through all levels of government is hard enough. the fact that these legislatures also can make laws that will allow or disallow some business's to thrive makes it impossible to succeed unless one already has the money to pay the government for it.
 
Dixie said:
Well now you are making a very strong broad generalization about people who you just don't know. We have somehow jumped from "the wealthy" to "wealthy politicians" and I think I know why, because 'average' people hear 'wealthy politicians' and immediately associate negative connotation. We are prejudiced by the stigma... who in the hell likes a wealthy politician? And I for one, certainly don't want to put myself in the position of advocating for wealthy politicians, but a generalization is still a generalization, and I have to call you on it.

Wealthy people are as different as everyone else, they have all kinds of interests, motivations, desires and wishes... you can't say that rich people don't do this or rich people are like that... They are all different! But it is important to the Class Warfare Warriors to demonize the wealthy, so we get these generalized statements such as you made. When you stop being closed-minded, you can understand that rich people are no different than you and I, they want people to be happy, they want people to eat, they even want people to become rich and successful in life... When the economy is thriving, when people have jobs, consumers have confidence, and things are going well for everyone... the rich people prosper too. What sense would it make for wealthy people to not care about others? Why is it that you believe with all your heart, that money in large quantities has just morally corrupted these people and they have no sense of human decency because of wealth? Because, really, that's what you are saying here. You are making generalized statements that don't stand up to scrutiny, about an entire segment of society, people you don't know or know the first thing about.
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it's very easy to generalize about wealthy politicians and know i'm 100% correct in my statement, due to the simple fact that when a bill was presented to make insider trading illegal for congresspeople, one person was on board. ONE. all the others ignored it knowing that it would cut in to their ability to make more money off the backs of us commodities.
 
SmarterThanYou said:
from federal to local, the amount one has to pay for licenses, extra training if required, and all other associated fees, plus keeping ones self up to date on any administrative rule changes that can happen through all levels of government is hard enough. the fact that these legislatures also can make laws that will allow or disallow some business's to thrive makes it impossible to succeed unless one already has the money to pay the government for it.
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that didn't stop bill gates. or other people who were not wealthy who made themselves wealthy. i know plenty of people who basically had nothing and are now somewhat wealthy.
 
icedancer2theend said:
George Washington was the 2nd wealthiest president ever ( JFK was the wealthiest). This idea that being a wealthy candidate is a new phenomena is absurd. Mitt earned his money legitimately. Like all liberals, who are only envious and derisive about wealth when it belongs to a conservative, those on this board prove the stigma of hypocrisy over the issue correct.

Link
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Mitt earnned his money the old-fashioned way, he was born into it.
 
Yurt said:
that didn't stop bill gates. or other people who were not wealthy who made themselves wealthy. i know plenty of people who basically had nothing and are now somewhat wealthy.
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there are, of course, exceptions to every rule. I realize you have a certain affinity to the law and hold great faith in most of it, so you'll never accept that corruption as a rule exists in the entrance to a world of the wealthy, so lets just agree to disagree.
 
SmarterThanYou said:
it's very easy to generalize about wealthy politicians and know i'm 100% correct in my statement, due to the simple fact that when a bill was presented to make insider trading illegal for congresspeople, one person was on board. ONE. all the others ignored it knowing that it would cut in to their ability to make more money off the backs of us commodities.
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Well listen to how silly you sound. Insider trading in the stock market is illegal, whether you are a congressperson or not. So you have already drawn up some silly goofy thing that doesn't comport with reality, and this is your proof that you are entitled to make bigoted broad generalizations about people you don't know. You need tested for mental sanity.

Your unwavering and unfettered cynicism will end in frustration for you, there is nothing to be gained from it. We have the obligation to elect people to represent us, who have high character and ethical standards. That is OUR responsibility, and WE haven't been diligent in exercising it. That isn't the politician's fault, that isn't the system's fault... it's OUR fault. WEALTH is NOT the enemy, and you need to stop viewing it that way, you are chasing a ghost that doesn't exist. Wealthy people are no different than anyone else, there are some with high moral character, and some without it.
 
Hey Signalman, I know you're a drive-by poster, so I don't expect that you'll respond, but it's worth a try. Can you tell me exactly how Mitt Romney is breaking the law by investing in the Cayman Islands? Again, I won't hold my breath...
 
General Burnside said:
Hey Signalman, I know you're a drive-by poster, so I don't expect that you'll respond, but it's worth a try. Can you tell me exactly how Mitt Romney is breaking the law by investing in the Cayman Islands? Again, I won't hold my breath...
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Maybe this will help, he is not breaking the law just using avenues to avoid tax available to him because of his vast wealth. The charge is rank hypocrisy not illegality.

As the race for the Republican nomination heats up, Mitt Romney is finding it increasingly difficult to maintain a shroud of secrecy around the details about his vast personal wealth, including, as ABC News has discovered, his investment in funds located offshore and his ability to pay a lower tax rate.

"His personal finances are a poster child of what's wrong with the American tax system," said Jack Blum, a Washington lawyer who is an authority on tax enforcement and offshore banking.
On Tuesday, Romney disclosed that he has been paying a far lower percentage in taxes than most Americans, around 15 percent of his annual earnings. It has been Romney's Republican rivals who have driven the tax issue onto center stage. For weeks, Romney has cited a desire for privacy as his reason for not sharing his tax returns -- a gesture of transparency that is now expected from presidential contenders.
"I can tell you we follow the tax laws," he said recently while on the campaign trail in New Hampshire. "And if there's an opportunity to save taxes, we like anybody else in this country will follow that opportunity."
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http://news.yahoo.com/romney-parks-m...-abc-news.html
 
SmarterThanYou said:
from federal to local, the amount one has to pay for licenses, extra training if required, and all other associated fees, plus keeping ones self up to date on any administrative rule changes that can happen through all levels of government is hard enough. the fact that these legislatures also can make laws that will allow or disallow some business's to thrive makes it impossible to succeed unless one already has the money to pay the government for it.
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It is not impossible, but it is certainly more difficult than it has to be.
 
Onceler said:
Again, I must ask what planet you are posting from. "Whittled the amount of money" down? Have you lost it? Did you see how much Obama raised & spent in the last election? Did you see how much was spent on the election in general?
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Dix - I was genuinely curious about this. Please let me know.
 
SmarterThanYou said:
why do we continue to vote millionaires in to high political offices thinking that they are going to do something that benefits us, we the people, and all the time we ignore the lamestream media's endorsement of those same millionaires? do most of you not realize that our elections are fixed by corporatism and the media?
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cause it's cable guy dumbasses like you who aren't millionaires!
 
I dont blame Romney for making smart business decisions, you play by the rules the way they are.... But it illistrates the point against his tax policy. The rich end up paying a much smaller percent of income because of the loopholes the Republicans are against closing. If you closed those loopholes you could lower taxes for the VAST majority of Americans.
 
SmarterThanYou said:
there are, of course, exceptions to every rule. I realize you have a certain affinity to the law and hold great faith in most of it, so you'll never accept that corruption as a rule exists in the entrance to a world of the wealthy, so lets just agree to disagree.
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i never said it didn't. we were talking about government regulations that did not allow for someone to gain wealth. there is corruption at all levels of society, rich, middle, poor. there are plenty of ways to honestly make yourself wealthy.
 
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