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Old 05-06-2011, 07:59 AM   #128 (permalink)
aceventura3
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Location: Ventura County
Quote:
Originally Posted by Derwood View Post
Why are they having a GOP Presidential debate 18 months before the election?
1) TV ratings
2) Small states wants to be perceived as having a big impact or think there is value in being first.

Quote:
And why aren't the heavy hitters there?
Romney won't win SC regardless and there is no upside for him to over expose himself.

Palin is not going to run.

Huckabee is already well known, no upside.

Newt wants to be persuaded to run, but it is not happening.

Pawlenty was there.

Hermon Cain needed to be there, won, and is now going to be a serious contender.

Paul was there, he is going to be considered much more seriously than he was in 2008.

---------- Post added at 03:42 PM ---------- Previous post was at 03:32 PM ----------

Quote:
Originally Posted by urville View Post
It's good for wealthy America. It does nothing for the middle or lower classes, to make more people wealthy or improve standards.
Look at it this way. If you have a goose that lays golden eggs (rich people who know how to create wealth), you (the rest of us) would want to treat that goose well. You would not want to force the goose to go to your neighbors farm (business moving overseas). You would want the goose laying golden eggs and not waste time doing other things like cleaning the barn (excessive regulations and taxation).

Make no mistake about "trickle down" economics, it works. We want people who know how to create wealth focused on creating wealth. Poor people can hardly help themselves, we need some wealth creators in our society for the benefit of everyone.

---------- Post added at 03:51 PM ---------- Previous post was at 03:42 PM ----------

Quote:
Originally Posted by Baraka_Guru View Post
This is a reminder of what ace continues to forget about how "real wealth" is generated.
I have created wealth. I have also lost wealth, but that is another story. I have been as poor as a person in this country can be, and I have been in the top 1%. I not only talk theory, I talk practical application. On my rise, I helped many others rise and I paid a hell of a lot of taxes to the government. When I fell, it impacted more than just me. When I rise again, the same result will occur. I will create wealth, I will create jobs, I will help others create wealth, and I will pay a hell of a lot in taxes.

I would suggest that people who were born in a socioeconomic class and never moved up or down don't understand - or those who have never taken a risk to create wealth don't understand, i.e. - academics who after an extensive education go on to be professors or work in government.

---------- Post added at 03:59 PM ---------- Previous post was at 03:51 PM ----------

Quote:
Originally Posted by roachboy View Post
ace is just another tiresome free markety metaphysician.
I know what I believe and it appears that you know what I believe. My question is what do you believe? If the fundamentals of free market concepts are incorrect, what is correct?

It is clear, in my interactions here is that when it comes to economics and government policy discussions, they will all end at some core fundamental point that does not allow for an irrational response. Hence, there are questions that you will forever absolutely refuse to answer directly.
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