I do ask myself if I am wrong. Fortunately I am not.
You just were there!
I do ask myself if I am wrong. Fortunately I am not.
Where does it say the founders weren't opposed to having concentrated wealth?
I don't believe he realizes that you two are in agreement.
Funny how the Right doesn't mention that her 70% rate (that which existed when Reagan took office) only affects income OVER $10 million.
Many who earn that much are not paying marginal rates anyway, rather, the new lower cap gains rate.
The fact that many of them were extremely wealthy says it Stoner.
I do ask myself if I am wrong. Fortunately I am not.
That's why our founders constructed a "REPUBLIC" instead of socialist democracy. As demonstrated in Article 4 Section 4 Clause 1 of our constitution. Government at all levels is guaranteed to be a REPUBLIC as defined with no ambiguity whatsoever in the companion document that was used to explain to the voting STATES why certain clauses were drafted into the standard of law called the US Constitution....the "federalist papers". Read federalist no. 10, it explains in detail why a republican type of government was preferred over historically failed democracies of world history. Our founders adopted the better parts of both a pure republic and a pure democracy. A government run by the people and for the people through republican "representation"....thus eliminating the mob rule of a pure democracy that was incompatible with the rights of private property and personal liberty to earn wealth.
"The United States (the combined states creating a federal government by signatory agreement) shall guarantee to ALL STATES IN THIS UNION A REPUBLICAN FORM OF GOVERNMENT." -- Article 4 Section 4, Clause 1.
Of course the liberal socialist (as historically OPINED) will argue this clause is ambiguous (not clearly defined). But that argument will not hold water as Federalist No. 10, the companion documents that every state representative read before ratifying the US CONSTITUTION via super majority 3/4 vote.....read and comprehended the reason and necessity of Article 4, Section 4, Clause one of the US Constitution.
Read what the signers of the US Constitution read and comprehended before validating the US Constitution as the standard for the rule of law in the United States of America.
Madison gave this as a reason that the US GOVERNMENT could not be established as a social democracy and must have republican representation. "Hence it is that such democracies have ever been spectacles of turbulence and contention.....have ever been incompatible with personal security or the rights of property; and have in general as short in their lives as they have been violent in their deaths." -- Federalist No. 10, James Madison.
https://en.wikipedia.org/wiki/Article_Four_of_the_United_States_Constitution
Now.....tell us again which party finds fault with the rights of personal property and wants to rule by mob edict? The party that is closest related to Social Communism and continually spews vile contempt against those who have found personal success in the free market capitalistic economy of the United States? The party that demands wealth redistribution in the attempt to "FUNDAMENTAALLY CHANGE the US from a representative republic into a social democracy in the image of all the failed democracies of Europe?
I don't believe he realizes that you two are in agreement.
Funny how the Right doesn't mention that her 70% rate (that which existed when Reagan took office) only affects income OVER $10 million.
Many who earn that much are not paying marginal rates anyway, rather, the new lower cap gains rate.
you russo bot holes are not designed to question rationally with facts your current assumptions
programing matters
You just were there!
https://en.wikipedia.org/wiki/Boston_Tea_Party
The Boston Tea Party was a political and mercantile protest by the Sons of Liberty in Boston, Massachusetts, on December 16, 1773.[1] The target was the Tea Act of May 10, 1773, which allowed the British East India company to sell tea from China in American colonies without paying taxes apart from those imposed by the Townshend Acts. American Patriots strongly opposed the taxes in the Townshend Act as a violation of their rights. Demonstrators, some disguised as Native Americans, destroyed an entire shipment of tea sent by the East India Company.
They boarded the ships and threw the chests of tea into the Boston Harbor. The British government responded harshly and the episode escalated into the American Revolution. The Tea Party became an iconic event of American history, and since then other political protests such as the Tea Party movement have referred to themselves as historical successors to the Boston protest of 1773.
The Tea Party was the culmination of a resistance movement throughout British America against the Tea Act, which had been passed by the British Parliament in 1773. Colonists objected to the Tea Act because they believed that it violated their rights as Englishmen to "no taxation without representation", that is, to be taxed only by their own elected representatives and not by a British parliament in which they were not represented. In addition, the well-connected East India Company had been granted competitive advantages over colonial tea importers, who resented the move and feared additional infringement on their business. Protesters had successfully prevented the unloading of tea in three other colonies, but in Boston, embattled Royal Governor Thomas Hutchinson refused to allow the tea to be returned to Britain.[2]
The Boston Tea Party was a significant event in the growth of the American Revolution. Parliament responded in 1774 with the Intolerable Acts, or Coercive Acts, which, among other provisions, ended local self-government in Massachusetts and closed Boston's commerce. Colonists up and down the Thirteen Colonies in turn responded to the Intolerable Acts with additional acts of protest, and by convening the First Continental Congress, which petitioned the British monarch for repeal of the acts and coordinated colonial resistance to them. The crisis escalated, and the American Revolutionary War began near Boston in 1775.
https://en.wikipedia.org/wiki/East_India_Company#Forming_a_complete_monopoly
Trade monopoly[edit]
Rear view of the East India Company's Factory at Cossimbazar
The prosperity that the officers of the company enjoyed allowed them to return to Britain and establish sprawling estates and businesses, and to obtain political power. The company developed a lobby in the English parliament. Under pressure from ambitious tradesmen and former associates of the company (pejoratively termed Interlopers by the company), who wanted to establish private trading firms in India, a deregulating act was passed in 1694.[43]
This allowed any English firm to trade with India, unless specifically prohibited by act of parliament, thereby annulling the charter that had been in force for almost 100 years. By an act that was passed in 1698, a new "parallel" East India Company (officially titled the English Company Trading to the East Indies) was floated under a state-backed indemnity of £2 million. The powerful stockholders of the old company quickly subscribed a sum of £315,000 in the new concern, and dominated the new body. The two companies wrestled with each other for some time, both in England and in India, for a dominant share of the trade.[43]
It quickly became evident that, in practice, the original company faced scarcely any measurable competition. The companies merged in 1708, by a tripartite indenture involving both companies and the state, with the charter and agreement for the new United Company of Merchants of England Trading to the East Indies being awarded by the Sidney Godolphin, 1st Earl of Godolphin.[44] Under this arrangement, the merged company lent to the Treasury a sum of £3,200,000, in return for exclusive privileges for the next three years, after which the situation was to be reviewed. The amalgamated company became the United Company of Merchants of England Trading to the East Indies.[43]
Company painting depicting an official of the East India Company, c. 1760
In the following decades there was a constant battle between the company lobby and the Parliament. The company sought a permanent establishment, while the Parliament would not willingly allow it greater autonomy and so relinquish the opportunity to exploit the company's profits. In 1712, another act renewed the status of the company, though the debts were repaid. By 1720, 15% of British imports were from India, almost all passing through the company, which reasserted the influence of the company lobby. The licence was prolonged until 1766 by yet another act in 1730.
At this time, Britain and France became bitter rivals. Frequent skirmishes between them took place for control of colonial possessions. In 1742, fearing the monetary consequences of a war, the British government agreed to extend the deadline for the licensed exclusive trade by the company in India until 1783, in return for a further loan of £1 million. Between 1756 and 1763, the Seven Years' War diverted the state's attention towards consolidation and defence of its territorial possessions in Europe and its colonies in North America.[45]
The war took place on Indian soil, between the company troops and the French forces. In 1757, the Law Officers of the Crown delivered the Pratt–Yorke opinion distinguishing overseas territories acquired by right of conquest from those acquired by private treaty. The opinion asserted that, while the Crown of Great Britain enjoyed sovereignty over both, only the property of the former was vested in the Crown.[45]
With the advent of the Industrial Revolution, Britain surged ahead of its European rivals. Demand for Indian commodities was boosted by the need to sustain the troops and the economy during the war, and by the increased availability of raw materials and efficient methods of production. As home to the revolution, Britain experienced higher standards of living. Its spiralling cycle of prosperity, demand and production had a profound influence on overseas trade. The company became the single largest player in the British global market. In 1801 Henry Dundas reported to the House of Commons that
... on the 1st March, 1801, the debts of the East India Company amounted to 5,393,989l. their effects to 15,404,736l. and that their sales had increased since February 1793, from 4,988,300l. to 7,602,041l.[46]
That's why our founders constructed a "REPUBLIC" instead of socialist democracy.
Now.....tell us again which party finds fault with the rights of personal property and wants to rule by mob edict? The party that is closest related to Social Communism and continually spews vile contempt against those who have found personal success in the free market capitalistic economy of the United States? The party that demands wealth redistribution in the attempt to "FUNDAMENTAALLY CHANGE the US from a representative republic into a social democracy in the image of all the failed democracies of Europe?
a republican is a type of democracy idiot
Exactly: Why then do you wish to remove republican values from this nation. Something that is guaranteed via Constitutional Mandate? FYI: Republican representation is not MAJORITY rule as you have opined. Why did you declare Hillary the winner because she had the most votes? You did not accept the rule of law as defined via Republican rule......the Electoral College majority.
You self contradict your own argument. As explained.....the US was founded upon the better principles of both republicanism and democracy.....leaving out the part concerning a majority that would attempt to take away the rights of property and earned wealth from those you have defined as evil because they have exercised the rights provided via constitutional mandate.
Air Head: A flighty scatterbrained simpleton.![]()
Nope