I must say, Steve Lapper is about the most understandable poster here when it comes to his ability to write and explain complicated subjects so that even a simpleton like me can understand. I do not detect a strong ideological bias by Steve, just a well understood methodology and understanding of how these complicated mechanisms of financial institutions and our economy work, along with a good understanding of the history of this mess. I'll take that over the tortured and convoluted Limbonian sophistry that can't pass the stink test.
I think Pat, that you have demonstrated that you understand and can convince me of much of the problem, particularly your acknowlegement that it is about jobs at the core of this crisis, but you just have a different set of views on government policy regarding what tax and a business conducive atmosphere it takes to re-ignite the econ or even get back jobs that have been lost to outsourcing and low wage countries.
But, I think you are way too fearful of the class warfare motive, and redistributionist concept. It isn't really some dark conspiracy of Obamaites or socialists figuring out how to get your money for their own damn use, in essence stealing your good times and friuits of your labor. It is about a majority of people in this country that have voted and will continue to vote to change the tax structure to what is needed NOW, to SURVIVE this storm, for the good of our country. It isn't about stealing your money. It is about taxing enough to get ourselves out of the ditch.
The underclass sees this in much more simple terms than these very interesting economics debates we are having here on GCA.com between you obviously well educated and capable people who have some understanding well beyond the basic talk down at the tavern.
So, they have elected people via a majority that have convinced them that we "need change" because all they know now is the way we've been is bad and fewer and fewer people have opportunity because jobs are going- going -gone, and there is some real criminality of Wall St., and all the conspicuous lavishness of an exec class being demonstrated while in the media, and via a meriad of investigations of many of those same people are being outted as crooks.
A majority of people had elected a set of government leaders that put the tax rates and set the rules of the game to what has brought us this mess over the last years. (those elected failures were dems and reps) And now, the majority is changing horses and putting in place a group that so far has been explaining their plans on a daily basis (more info being disseminated by the day than we got in years of the previous admin) and so the majority has to put faith that their new elected people will put this back into some kind of shape, perhaps by trial and error, and sooner or later, depending on how much flak they get from the minority.
There is no class warfare now any more than there was when the previous set of rules was installed by the influential then majority. There is only new leaders who were elected by a majority who have voted and they are going to get a chance. If they fail, then yet another new majority will have to form up on a different path and set of leaders. But for now, you vociferous objectors should chill out because you who don't like this are NOT IN THE MAJORITY!!! (and by the very fact of those preceding years and ideas of governing, you have become a minority)