So with all the tax increase talk, what’s the point of working hard to get rich any more? I mean really, what’s the incentive?
I hate this argument. What is the motivation behind it? The success and sense of accomplishment perhaps? I don’t f-ing know. I don’t really care either…
I do volunteer work for a sense of accomplishment. I work my ass off for money. And I DO really care…
It’s not like everyone works and tries equally and then you magically end up in one of these classes of society. For me personally, I’m working hard to some day have enough money to retire on and live well. But why have I toiled for the last 10 years, and will for another 30 years (or more), only to be told that I can live just fine with whatever I have, and it’s totally okay that 40% of my income needs to support others who might not have had that commitment to hard work their whole lives?
I know salaries like 250k sound crazy, and it’s easy to say, “They have plenty of money, screw them for complaining about taxes!”
But it’s not about actual dollar values, it’s about percentages. You can Google the latest figures, but it’s something like the top 2% that pay the majority of our taxes, and the Rich and Super Rich already pay a far disproportionate percentage of their income to the government.
You clearly agree that we have a system that discourages getting ahead and earning money. Because the more you earn, the more the government takes. And you’re fine with that.
Are you working for just a sense of accomplishment, or does the money you make matter to you?
The fact that we are here today to debate raising America’s debt limit is a sign of leadership failure.
It is a sign that the U.S. Government can’t pay its own bills.
It is a sign that we now depend on ongoing financial assistance from foreign countries to finance our Government’s reckless fiscal policies. … Increasing America’s debt weakens us domestically and internationally.
Leadership means that ‘the buck stops here.’
Instead, Washington is shifting the burden of bad choices today onto the backs of our children and grandchildren.
America has a debt problem and a failure of leadership. Americans deserve better.
— Then-Senator Obama, on the proposed Debt Limit increase, on March 20, 2006.
It’s a crisis like nothing we’ve seen since the Civil War. The tax package has disappointed the people. Unemployment is high. We’re on a collision course with our own ineptitude. The greatness of the country is at risk. Bloomberg is right about that.
— Political conultant Hank Sheinkopf, in this NBC New York article, on NY Mayor Michael Bloomberg’s recent speech denouncing basically the entire US government for mis-handling the economic crisis.
He was executive vice president for law and policy at Fannie Mae, leaving in 2005 after its regulator, the Office of Federal Housing Enterprise Oversight, found Fannie Mae broke accounting rules and improperly deferred expenses to meet an earnings target that triggered the maximum bonuses for company executives.
Background information on Obama’s new National Security Advisor, Tom Donilon.
What you hear from the Obama administration is, “We’re helpless, our programs aren’t working.” What you hear from Congress is, “we don’t know what to do so we’re going to do nothing.”
— Bruce Marks, Chief Executive of the Neighborhood Assistance Corporation of America (a nonprofit working around the clock for five days in Palm Beach, FL to help as many as 20,000 underwater homeowners attempt to stay in their homes through mortgage modifications.)
If we think of a Bush cabinet official sending an e-mail to civil servants asking them to attend a Glenn Beck rally, there would be a lot of outrage over that.
— David Boaz, Executive Vice President of the Cato Institute (on Education Secretary Arne Duncan sending an email to over 4,000 government employees, encouraging them to attend Rev. Al Sharpton’s counter-Beck rally this past weekend.)