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Somewhere in south-central England.

Europe generally has a much more collectivist/socialist mindset than the USA.

What I mean is, if you take ordinary citizens and give them psychological tests that analyse their personality, Europeans come out more collectivist and less individualistic than Americans.

Japanese come out more collectivist than Europeans, and British people come out between continental Europeans and Americans.


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To the OP:
And how long would it be until President McCain brought back Jeff Gannon? (http://en.wikipedia.org/wiki/Jeff_Gannon#Controversy).
I happen to believe that the current economic problems are the result of too much wealth concentrated in the hands of too few people. With the steady rise in economic inequality since the Reagan years (http://en.wikipedia.org/wiki/Wealth_distribution_in_the_United_States) the rich are lucky the haven't been eaten by the poor.
So call me a Marxist and get out of my way so that I can go vote!

BTW: you'd have to call Alan Greenspan a Marxist too: "As I've often said... this [increasing income inequality] is not the type of thing which a democratic society—a capitalist democratic society—can really accept without addressing." - Alan Greenspan, June 2005

This message was edited 1 time. Last update was at 2008/10/29 10:13:59


 
   
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Kilkrazy wrote:Europe generally has a much more collectivist/socialist mindset than the USA.

What I mean is, if you take ordinary citizens and give them psychological tests that analyse their personality, Europeans come out more collectivist and less individualistic than Americans.

Japanese come out more collectivist than Europeans, and British people come out between continental Europeans and Americans.



Funnily enough, if you give the political tests to Americans, they come out a lot more left wing than either of their political parties.

“We may observe that the government in a civilized country is much more expensive than in a barbarous one; and when we say that one government is more expensive than another, it is the same as if we said that that one country is farther advanced in improvement than another. To say that the government is expensive and the people not oppressed is to say that the people are rich.”

Adam Smith, who must have been some kind of leftie or something. 
   
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sebster wrote:Funnily enough, if you give the political tests to Americans, they come out a lot more left wing than either of their political parties.


Depends on the questions you ask. We are both fickle and not very astute at the same time. There was an episode of Penn and Tellers Bull***t where they got people to say they thought we gave to much to foreign aid and too little at the same time.

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The USA

come on now people... bow down before the chosen one. he will make everything better with sunshine and candy, and gummie bears.


   
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Canterbury

Miguelsan wrote:
When I was working on LA a couple years back I had breakfast one Sunday with my neighbourgs. They asked me about Spain and when I comented that I was fed up with the Socialist President Mr Zapatero and his (not all) I can´t tie my shoelaces ministers an old lady went "Gosh, Spain has a communist goverment" like you pointed. Her husband quickly explained that in most European countries the Socialist parties were closer to the Democrat party than to the true socialist-marxist ethos, but it shocked me at the time the conection made between two things that are different in theorye and real world.

M.


Gold. A few years back we had a septic friend of ours crash with us for a while-- he was trying to do the whole travel through Europe by playing your guitar schtick. I believe he currently works as a hospital administrator back home now.-- and he was always amused at how we que up for the bus

" This is such a socialist country" he used to comment. To this day I wonder how people in the USA get onto buses.

...I like the fact that the anti Obama brigade once again lack any arguments against him. It's people who "argue" like this that give Americans a bad name in the rest of the world.

The poor man really has a stake in the country. The rich man hasn't; he can go away to New Guinea in a yacht. The poor have sometimes objected to being governed badly; the rich have always objected to being governed at all
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Envy89 wrote:come on now people... bow down before the chosen one. he will make everything better with sunshine and candy, and gummie bears.




He isn't the chosen one. He's the only one that has any solid ideas right now. All that's coming out of the right wing at this time is fear.

"We don't know him!"

"He's a sekret muslin!"

"He'll take away your guns! And your Hummer!"

Obama wants to stimulate companies to create jobs that will lead to Energy Indepence through renewable resources. American jobs that will need to based on American soil since those resources are here. Sounds pretty patriotic to me.






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The Great State of Texas

Indeed, nothing stimulates companies to increase jobs like tax increases in a recession... Barney Frank statements about "inevitable" tax increases, statements of "sharing the wealth," and Biden's slip yesterday about not taxing any family making over $150,000 (instead of $250,000) are not helping.

There is discussion occurring on the finance that we're seeing a bit of an "Obama effect" on the markets as there is uncertainty about who he would nominate and what he would actually do.

I'll readily admit he's posited some good ideas, as has McCain. But both have put forth stuopid ideas as well.

-"Wait a minute.....who is that Frazz is talking to in the gallery? Hmmm something is going on here.....Oh.... it seems there is some dispute over video taping of some sort......Frazz is really upset now..........wait a minute......whats he go there.......is it? Can it be?....Frazz has just unleashed his hidden weiner dog from his mini bag, while quoting shakespeares "Let slip the dogs the war!!" GG
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No matter who gets elected, someday the wars have to be paid for. The bailouts, hopefully, will to some extent be repaid. But there are going to be costs there too. If McCain’s plan gets enacted and we start buying mortgages up at their artificially-inflated prices, there’s definitely going to be a big loss there.

In the short term, both candidates are talking tax cuts. Both because it’s popular, and because it will stimulate the economy. The Tax Policy Center evaluated both their plans in detail and concluded that neither plan is really realistic in terms of long term budgetary balance.

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The Great State of Texas

True that.

-"Wait a minute.....who is that Frazz is talking to in the gallery? Hmmm something is going on here.....Oh.... it seems there is some dispute over video taping of some sort......Frazz is really upset now..........wait a minute......whats he go there.......is it? Can it be?....Frazz has just unleashed his hidden weiner dog from his mini bag, while quoting shakespeares "Let slip the dogs the war!!" GG
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Bournemouth, UK

Do you know what, I've written and deleted the start of this post about six times now as I just don't know how to respond to PanamaG and his ilk. I know it's very hard to understand, but just because you aren't a Republican or Conservative it doesn't make you a Socialist.

When I hear members of the American public getting so worked up about the whole "spread the wealth" issue it makes me cringe. Society has a reponsibility to all. In England we have the NHS, social welfare and a public pension. This is paid for by taxes, by everyone and strangely enough, the more you earn, the more tax you pay (please no moaning guys , I'm making a point not commenting on taxes). Most of the other main countries in Europe have a similar setup.

Warning: Sorry in advance to the Americans on the board who are able to see the bigger picture.

Unlike yourselves, we have developed over the years and moved forward, we don't live our lives based on a mentality that was in fashion when the settlers started spreading out west.

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Ahtman wrote:Depends on the questions you ask. We are both fickle and not very astute at the same time. There was an episode of Penn and Tellers Bull***t where they got people to say they thought we gave to much to foreign aid and too little at the same time.


Yeah, there's been surveys that ask if the US gives too much foreign aid, and the answer is overwhelmingly 'yes'. When asked how much they should give, the average comes back around 5 or 10%, around five times the actual amount given.

But on issues like universal health care, taxation and the like the general US population normally responds in a manner well to the left of the Democrats.

“We may observe that the government in a civilized country is much more expensive than in a barbarous one; and when we say that one government is more expensive than another, it is the same as if we said that that one country is farther advanced in improvement than another. To say that the government is expensive and the people not oppressed is to say that the people are rich.”

Adam Smith, who must have been some kind of leftie or something. 
   
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United States

Frazzled wrote:Indeed, nothing stimulates companies to increase jobs like tax increases in a recession... Barney Frank statements about "inevitable" tax increases, statements of "sharing the wealth," and Biden's slip yesterday about not taxing any family making over $150,000 (instead of $250,000) are not helping.


I think the general problem is that most Americans still think of the economy as a closed system, and also do not truly understand the capital gains tax. If you increase income tax people will be more likely to invest over the long term in order to take advantage of the tax break. Similarly, giving tax breaks to small businesses and corporations makes investment in those types of enterprises significantly more likely. This is all compounded by the fact that, in a global economy, investment does not have to come from within the country. If we can make our middle class a decent tax haven investors will act to take advantage.

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United States

sebster wrote:
Ahtman wrote:Depends on the questions you ask. We are both fickle and not very astute at the same time. There was an episode of Penn and Tellers Bull***t where they got people to say they thought we gave to much to foreign aid and too little at the same time.


Yeah, there's been surveys that ask if the US gives too much foreign aid, and the answer is overwhelmingly 'yes'. When asked how much they should give, the average comes back around 5 or 10%, around five times the actual amount given.

But on issues like universal health care, taxation and the like the general US population normally responds in a manner well to the left of the Democrats.


I remember a test my propaganda professor gave us at the beginning of class, in I think 2007. This was at a top 10 Liberal Arts college, in the political science department, about the influence of rhetoric on foreign wars, in a class consisting entirely of 3rd and 4th years. The test featured questions about the 1st Iraq War (though he called it Gulf War 2, just to throw people off), Iran-Contra, the Cuban Missile Crisis, and other significant international events featuring the US. The average score was 27 out of 100, and even that I suspect was misleading as several people in the class had scores in 90's. Moral of the story? The average American, even the average educated American, is ill-informed.

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The Great State of Texas

dogma wrote:
Frazzled wrote:Indeed, nothing stimulates companies to increase jobs like tax increases in a recession... Barney Frank statements about "inevitable" tax increases, statements of "sharing the wealth," and Biden's slip yesterday about not taxing any family making over $150,000 (instead of $250,000) are not helping.


I think the general problem is that most Americans still think of the economy as a closed system, and also do not truly understand the capital gains tax. If you increase income tax people will be more likely to invest over the long term in order to take advantage of the tax break. Similarly, giving tax breaks to small businesses and corporations makes investment in those types of enterprises significantly more likely. This is all compounded by the fact that, in a global economy, investment does not have to come from within the country. If we can make our middle class a decent tax haven investors will act to take advantage.


Respectfully, increasing corporate income taxes is not going to increase investment in the US. They are NOT talking about reducing capital gains taxes.

-"Wait a minute.....who is that Frazz is talking to in the gallery? Hmmm something is going on here.....Oh.... it seems there is some dispute over video taping of some sort......Frazz is really upset now..........wait a minute......whats he go there.......is it? Can it be?....Frazz has just unleashed his hidden weiner dog from his mini bag, while quoting shakespeares "Let slip the dogs the war!!" GG
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dogma wrote:
sebster wrote:
Ahtman wrote:Depends on the questions you ask. We are both fickle and not very astute at the same time. There was an episode of Penn and Tellers Bull***t where they got people to say they thought we gave to much to foreign aid and too little at the same time.


Yeah, there's been surveys that ask if the US gives too much foreign aid, and the answer is overwhelmingly 'yes'. When asked how much they should give, the average comes back around 5 or 10%, around five times the actual amount given.

But on issues like universal health care, taxation and the like the general US population normally responds in a manner well to the left of the Democrats.


I remember a test my propaganda professor gave us at the beginning of class, in I think 2007. This was at a top 10 Liberal Arts college, in the political science department, about the influence of rhetoric on foreign wars, in a class consisting entirely of 3rd and 4th years. The test featured questions about the 1st Iraq War (though he called it Gulf War 2, just to throw people off), Iran-Contra, the Cuban Missile Crisis, and other significant international events featuring the US. The average score was 27 out of 100, and even that I suspect was misleading as several people in the class had scores in 90's. Moral of the story? The average American, even the average educated American, is ill-informed.


Well, there is some unsettling news for the day. The only thing worse than being ignorant is not realizing you are...at least I'm wondering about myself now . Do I understand your post correctly that he asked questions regarding the specifics...or questions regarding what was rhetoric/fact?

This message was edited 1 time. Last update was at 2008/10/29 18:00:43


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United States

Yep, specifics.

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Thats the trouble with propaganda though, isn't it?

If that is all you have ever been told, then you accept it as truth. What would have been interesting, was to throw that test in, then, a few months later, do another one with a similar theme and see how many students had their eyes opened by the first.

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United States

Frazzled wrote:

Respectfully, increasing corporate income taxes is not going to increase investment in the US. They are NOT talking about reducing capital gains taxes.


Corporate income tax is entirely separate from the individual income tax, and I have heard nothing about an increase being made in the corporate income tax rate. I have heard discussion of the removal of loopholes to prevent the wealthiest corps. from having an unnecessary competitive advantage, but not of actually raising taxes.

They don't have to reduce capital gains taxes, they are already ridiculously low in the long term; just 15% at the top marginal rate for investments held for more than 1 year. I suspect that they might raise the short-term rate to discourage short-selling, but otherwise the tax code is likely to remain untouched. Save for the elevation of the individual income tax, which may itself be performed by capping the deductions for business expenses.

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The Great State of Texas

Cutting loopholes raises the effective rate (assuming the direct corporate rate isn't going up). Thats Tax Accounting 101.

The personal corporation rate will definitely go up.

I should clarify, I'm not necessarily against these items, but there is a whole world of factors outside of tax rates that impact investment. But taken as the only factor, cutting "loopholes" will decrease investment vs. countries retaining lower tax rates.

-"Wait a minute.....who is that Frazz is talking to in the gallery? Hmmm something is going on here.....Oh.... it seems there is some dispute over video taping of some sort......Frazz is really upset now..........wait a minute......whats he go there.......is it? Can it be?....Frazz has just unleashed his hidden weiner dog from his mini bag, while quoting shakespeares "Let slip the dogs the war!!" GG
-"Don't mind Frazzled. He's just Dakka's crazy old dude locked in the attic. He's harmless. Mostly."
-TBone the Magnificent 1999-2014, Long Live the King!
 
   
Made in us
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United States

It will decrease investment in the upper tier where the loopholes are accessible. That's really the issue, the effective tax rate in the top marginal bracket is roughly 27%, or a little over the 25% paid in the second lowest marginal bracket. As such there is little incentive to invest in small businesses because large, single payment investments are just as attractive, and easier to manage than small ones. This is what enables hedge funds to be effective.

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The Great State of Texas

...formerly effective anyway. However this does address how higher tax rates are going to spur investment, all other things being held unchanged.

-"Wait a minute.....who is that Frazz is talking to in the gallery? Hmmm something is going on here.....Oh.... it seems there is some dispute over video taping of some sort......Frazz is really upset now..........wait a minute......whats he go there.......is it? Can it be?....Frazz has just unleashed his hidden weiner dog from his mini bag, while quoting shakespeares "Let slip the dogs the war!!" GG
-"Don't mind Frazzled. He's just Dakka's crazy old dude locked in the attic. He's harmless. Mostly."
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Murfreesboro, TN

Investment hasn't been strong in a long time, with the greater shift toward outsourcing remote-access jobs to India and the like and the shift of manufacturing jobs to a variety of other countries. This has all gained steam under the current administration. Closing a factory is the antithesis of investment; it's liquidation. So, no matter who's in office, it's going to continue in that direction until there's something to make it unappealing... and lower taxes and better incentives haven't done it so far (and there's only so far we can bend over backward before we start having crap-scented shampoo).

As a rule of thumb, the designers do not hide "easter eggs" in the rules. If clever reading is required to unlock some sort of hidden option, then it is most likely the result of wishful thinking.

But there's no sense crying over every mistake;
You just keep on trying till you run out of cake.

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dogma wrote:I remember a test my propaganda professor gave us at the beginning of class, in I think 2007. This was at a top 10 Liberal Arts college, in the political science department, about the influence of rhetoric on foreign wars, in a class consisting entirely of 3rd and 4th years. The test featured questions about the 1st Iraq War (though he called it Gulf War 2, just to throw people off), Iran-Contra, the Cuban Missile Crisis, and other significant international events featuring the US. The average score was 27 out of 100, and even that I suspect was misleading as several people in the class had scores in 90's. Moral of the story? The average American, even the average educated American, is ill-informed.


It's not just Americans, we're all quite uneducated. In our defence, there really is a lot to know and we really shouldn't be expected to have it all memorised. Just maybe, sometimes, we should check our opinions a little until we're sure of the facts.

“We may observe that the government in a civilized country is much more expensive than in a barbarous one; and when we say that one government is more expensive than another, it is the same as if we said that that one country is farther advanced in improvement than another. To say that the government is expensive and the people not oppressed is to say that the people are rich.”

Adam Smith, who must have been some kind of leftie or something. 
   
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AgeOfEgos wrote:Well, there is some unsettling news for the day. The only thing worse than being ignorant is not realizing you are...at least I'm wondering about myself now . Do I understand your post correctly that he asked questions regarding the specifics...or questions regarding what was rhetoric/fact?


I've read about a few studies that have been taken, measuring people's ability to measure competence with their own competence. So they took a bunch of car drivers, asked them to complete a course and scored them on it, and then asked them if they were any good at driving. They did the same thing for a few knowledge based items as well.

Turns out that people who are really bad at something are also the worst at judging whether they're any good or not. So all those things you think you're good at... it might just be that you suck so much you don't know if you're any good or not .

“We may observe that the government in a civilized country is much more expensive than in a barbarous one; and when we say that one government is more expensive than another, it is the same as if we said that that one country is farther advanced in improvement than another. To say that the government is expensive and the people not oppressed is to say that the people are rich.”

Adam Smith, who must have been some kind of leftie or something. 
   
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sebster wrote:
Turns out that people who are really bad at something are also the worst at judging whether they're any good or not. So all those things you think you're good at... it might just be that you suck so much you don't know if you're any good or not .


Yeah, you say whatever you want...it's my wifes problem damn it, not me.

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The Great State of Texas

A nice view of spin and fact, showing the spin goes both ways

http://news.yahoo.com/s/ap/20081030/ap_on_el_ge/fact_check_obama_ad

Obama's prime-time ad skips over budget realities
By CALVIN WOODWARD, Associated Press Writer Calvin Woodward, Associated Press Writer – Wed Oct 29, 9:18 pm ET
WASHINGTON – Democratic presidential candidate Barack Obama was less than upfront in his half-hour commercial Wednesday night about the costs of his programs and the crushing budget pressures he would face in office.

Obama's assertion that "I've offered spending cuts above and beyond" the expense of his promises is accepted only by his partisans. His vow to save money by "eliminating programs that don't work" masks his failure throughout the campaign to specify what those programs are — beyond the withdrawal of troops from Iraq.

A sampling of what voters heard in the ad, and what he didn't tell them:

THE SPIN: "That's why my health care plan includes improving information technology, requires coverage for preventive care and pre-existing conditions and lowers health care costs for the typical family by $2,500 a year."

THE FACTS: His plan does not lower premiums by $2,500, or any set amount. Obama hopes that by spending $50 billion over five years on electronic medical records and by improving access to proven disease management programs, among other steps, consumers will end up saving money. He uses an optimistic analysis to suggest cost reductions in national health care spending could amount to the equivalent of $2,500 for a family of four. Many economists are skeptical those savings can be achieved, but even if they are, it's not a certainty that every dollar would be passed on to consumers in the form of lower premiums.

___

THE SPIN: "I also believe every American has a right to affordable health care."

THE FACTS: That belief should not be confused with a guarantee of health coverage for all. He makes no such promise. Obama hinted as much in the ad when he said about the problem of the uninsured: "I want to start doing something about it." He would mandate coverage for children but not adults. His program is aimed at making insurance more affordable by offering the choice of government-subsidized coverage similar to that in a plan for federal employees and other steps, including requiring larger employers to share costs of insuring workers.

___

THE SPIN: "I've offered spending cuts above and beyond their cost."

THE FACTS: Independent analysts say both Obama and Republican John McCain would deepen the deficit. The nonpartisan Committee for a Responsible Federal Budget estimates Obama's policy proposals would add a net $428 billion to the deficit over four years — and that analysis accepts the savings he claims from spending cuts. The nonpartisan Tax Policy Center, whose other findings have been quoted approvingly by the Obama campaign, says: "Both John McCain and Barack Obama have proposed tax plans that would substantially increase the national debt over the next 10 years." The analysis goes on to say: "Neither candidate's plan would significantly increase economic growth unless offset by spending cuts or tax increases that the campaigns have not specified."

___

THE SPIN: "Here's what I'll do. Cut taxes for every working family making less than $200,000 a year. Give businesses a tax credit for every new employee that they hire right here in the U.S. over the next two years and eliminate tax breaks for companies that ship jobs overseas. Help homeowners who are making a good faith effort to pay their mortgages, by freezing foreclosures for 90 days. And just like after 9-11, we'll provide low-cost loans to help small businesses pay their workers and keep their doors open. "

THE FACTS: His proposals — the tax cuts, the low-cost loans, the $15 billion a year he promises for alternative energy, and more — cost money, and the country could be facing a record $1 trillion deficit next year. Indeed, Obama recently acknowledged — although not in his commercial — that: "The next president will have to scale back his agenda and some of his proposals."



-"Wait a minute.....who is that Frazz is talking to in the gallery? Hmmm something is going on here.....Oh.... it seems there is some dispute over video taping of some sort......Frazz is really upset now..........wait a minute......whats he go there.......is it? Can it be?....Frazz has just unleashed his hidden weiner dog from his mini bag, while quoting shakespeares "Let slip the dogs the war!!" GG
-"Don't mind Frazzled. He's just Dakka's crazy old dude locked in the attic. He's harmless. Mostly."
-TBone the Magnificent 1999-2014, Long Live the King!
 
   
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United States

I'm just going to note that increasing the national debt isn't particularly problematic if the increase is targeted to push people into higher tax brackets, and thereby generate additional revenue. Also, a wealthier populace is one which will be less resistant to inevitable tax increases. Though I imagine those are 5-6 years down the line.

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