http://www.realclearpolitics.com/video/2011/08/19/dem_senator_we_got_to_eliminate_the_rich.html

Clear as you can. It's nice to see that they are honest now.

8/19/2011 12:43:20 PM

Finally a web site that makes politics REAL CLEAR.

8/19/2011 12:51:26 PM

Sounds like he was suffering from heat stroke.

Does this really need it's own thread here in the SB, or couldn't it have gone under the "credibility watch" thread?

If not, I'll be sure to create separate threads for GOP gaffes.

8/19/2011 12:51:52 PM

hes just babbling really

8/19/2011 12:52:38 PM

Quote :

"Sounds like he was suffering from heat stroke."

Oh, please. He was saying what most on the authoritarian left believe but are afraid to say in mixed company. Business is evil. Profit is evil. We must destroy private enterprise until we are all equal.

8/19/2011 1:13:48 PM

I agree with the sentiment if you are talking about the top 1% and not just "regular" rich people who arent obscenely rich, they type you pass by on the streets everyday.

The main goal is to level out the wealth distribution in America back to healthier levels so that the middle class have a higher standard of living and the top 1% really wouldnt be affected in any ower "standard of living" terms, their losses would be on paper only.

8/19/2011 2:10:15 PM

He didn't even say eliminate the rich, thread does not deliver.

Not to mention he admitted to being an entitled piece of shit who feeds off the establishment like a vampire.

8/19/2011 4:57:21 PM

^^ For whatever it's worth, top 1% doesn't make you obscenely rich...more like very upper middle class. I guess you could call it "working rich", but I hesitate to even attach the "r-word" to that level.

By '07 numbers, the 99th percentile (top 1%) put you at about $278k/year. For "obscenely rich", you're talking about the top couple of tenths of a percent or higher.

[Edited on August 19, 2011 at 5:19 PM. Reason : http://blogs.wsj.com/wealth/2007/02/01/the-rich-o-meter/]

8/19/2011 5:18:06 PM

http://www.r-word.org

8/19/2011 5:22:31 PM

DEMOCRAT(S)

8/19/2011 5:37:40 PM

more like

8/19/2011 5:48:38 PM

Quote :

"By '07 numbers, the 99th percentile (top 1%) put you at about $278k/year. For "obscenely rich", you're talking about the top couple of tenths of a percent or higher."

Indeed. And, for the ultra-rich, we're really talking about the top .01% - aka the people that run the most powerful institutions in the world and will not be parting with any significant percentage of their wealth no matter how high tax rates are.

8/19/2011 5:49:40 PM

Quote :

"Does this really need it's own thread here in the SB, or couldn't it have gone under the "credibility watch" thread?"

are you really one to be asking such a question?

8/19/2011 8:40:41 PM

Quote :

"Oh, please. He was saying what most on the authoritarian left believe but are afraid to say in mixed company. Business is evil. Profit is evil. We must destroy private enterprise until we are all equal."

Not sure if this is a troll post but surely you don't believe that?

8/19/2011 9:29:18 PM

When I say authoritarian left, I mean those that think we should have a strong state to "enforce equality," basically. I would be okay with a state that protected liberty (i.e. protected rights) but didn't attempt to redistribute resources in a way that would allegedly be best.

Most socialists and communists (which I think would be considered left, though I don't think left -> right is particularly useful) do argue that profit motive should be eliminated. That's why I think those systems are unrealistic.

[Edited on August 20, 2011 at 3:11 AM. Reason : ]

8/20/2011 3:11:24 AM

Quote :

"UPDATE: This post has been corrected to accurately quote Sen. Lautenberg saying "We've got to eliminate the waste," not "we got to eliminate the rich." The transcript on the YouTube video is inaccurate. "

8/20/2011 4:23:58 AM

^ Lollers...ol Hoops Malone (and a few other pubtards) got pwnt.....

8/20/2011 6:43:31 PM

Lol "we got to eliminate the waste. we've got to eliminate the fraud" basically does mean "we got to eliminate the rich" so I agree.

[Edited on August 22, 2011 at 1:23 PM. Reason : .]

8/22/2011 1:23:17 PM

well, regardless Lautenberg is a scumbag and a good example of why we need term limits.

8/22/2011 1:32:26 PM

The irony of course is that the majority of the "uber rich", those in the $25+ million category, tend to be Democratic (the last statistic I heard three years back was 60/40 split). I'm trying to remember the specific radio broadcast I heard it on, but it was a fact that came up during the debate about the AMT. The problem trying to tax the "uber rich" however is that income tax doesn't touch their sources of wealth; they're not paying normal income tax per say because their money is generated through things like capital gains.

8/22/2011 3:55:24 PM

Good thing most Democrats also support raising Capital gains taxes.

8/22/2011 3:57:46 PM

But the super rich don't pay capital gains taxes either. Their taxes are either written off or classified away in tax-free instruments.

What we need to do is eliminate all tax deductions and every single example of a tax-free investment.

8/22/2011 4:36:16 PM

http://www.realclearpolitics.com/video/2011/09/05/jimmy_hoffa_at_obama_event_on_gop_lets_take_these_son_of_bitches_out.html

9/6/2011 11:45:49 AM