Politics 2020 Debate part 2

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ABM said:
It was hedge funds and derivatives.
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That was enabled by Bush. And you never used to be able to have that high of a put option on stocks.

Bush enabled derivatives to be completely unregulated.

Again, this was fixed by a Democrat.
 
I didn't think they were disparaging Obama too much. It's not like the man was a perfect president, there's absolutely nothing wrong with talking about things they would do better/different than Obama. And not all Democrats are huge fans of him anyway.
 
barfo said:
His answer about healthcare (current system is hard on employers and employees) was outstanding.

His answer about Detroit was a bit illogical - he bragged about his immigrant dad earning 65 patents with IBM and GE, and then said that auto factory floors are run by robots, and that's not the fault of immigrants. Of course he meant that Guatemalan refugees aren't taking auto jobs, but it sounds like the robots might be the fault of his dad.

barfo
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It's not about fault though, he's not saying to blame robots, or people who made the robots, instead of immigrants. He's saying we need to look for solutions to automation, not stop it.
 
dviss1 said:
Go back, listen to the moderators questions, and then answer as to whether or not they steered the debate with right wing talking points.
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No. I’m not going to go rewatch it. I watched it once. The questions were legitimate. They were questions voters have. A small % of people watched that last night and thought “wow that was great”. It wasn’t.
 
dviss1 said:
That was enabled by Bush. And you never used to be able to have that high of a put option on stocks.

Bush enabled derivatives to be completely unregulated.

Again, this was fixed by a Democrat.
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Thank the democratic congress at the time.
 
calvin natt said:
Are you ever not pissy?
It costs $3T a year. I’ve read and heard varying way he plans to pay for this and each time it seems iffy at best that the math works. And isn’t it true that if someone already receives govt assistance that will either reduce or eliminate their payment? So this doesn’t help them?
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Who cares what it costs? The money goes right back into the economy. There's lots of low banking fruit to cut. Bring our soldiers home from Afghanistan and we save over 5 billion a month.

And to that I'll quote Elizabeth Warren:

 
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ABM said:
Thank the democratic congress at the time.
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Stop...

You're the only one in here right now who doesn't believe it was Bush's fault....

I can't believe you just said that...
 
calvin natt said:
And isn’t it true that if someone already receives govt assistance that will either reduce or eliminate their payment? So this doesn’t help them?
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They don't get 12K a year in assistance....

This is more than what they're currently getting.
 
calvin natt said:
Are you ever not pissy?
It costs $3T a year. I’ve read and heard varying way he plans to pay for this and each time it seems iffy at best that the math works. And isn’t it true that if someone already receives govt assistance that will either reduce or eliminate their payment? So this doesn’t help them?
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Value added tax pays for a lot of it bruh. Yang has been going around to big corporations for years talking to them about UBI.

Listen to his Joe Rogan podcast. It explains in more detail.

Nobody will have a reduced benefit. They can continue receiving the assistance they currently receive or do the $1,000 a month.
 
SlyPokerCat said:
Value added tax pays for a lot of it bruh. Yang has been going around to big corporations for years talking to them about UBI.

Listen to his Joe Rogan podcast. It explains in more detail.

Nobody will have a reduced benefit. They can continue receiving the assistance they currently receive or do the $1,000 a month.
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It will not be reduced. But it will have to be offset against whatever they currently get. At least that’s what i read. If you get $300 in assistance, you get $700. And so on. I don’t know what people get from welfare etc. I hope it works.
 
Canada's Government a number of years back implemented a National GST (goods & services tax) which really burnt Canadian Citizens as it was a Fed tax upon Fed Tax on top of provincial and city taxes. I believe it was 7% when implemented. I was able to send in Canadian expenditures where I was charged the GST, and after a number of months receive a check.
 
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dviss1 said:
Stop...

You're the only one in here right now who doesn't believe it was Bush's fault....

I can't believe you just said that...
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I've been in the minority before. But, OK, I'll move on.

Hey, wanna buy a watch?!! :ghoti:
 
Hoopguru said:
Canada's Government a number of years back implemented a National GST (goods & services tax) which really burnt Canadian Citizens as it was a Fed tax upon Fed Tax on top of provincial and city taxes. I believe it was 7% when implemented. I was able to send in Canadian expounders where I was charge the GST and after a number of months receive a check.
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We should have one to fund healthcare fo all US citizens
 
SlyPokerCat said:
Watch his interview with Joe Rogan. It's explained nicely. And he is nowhere near the first person to bring it up As he said, MLK JR was a proponent.

Alaska has a much smaller comparable thing going on. You get oil money just by being a resident. It seems to have succeeded for decades.
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Alaska does their yearly thing as a way to help families through the harsh winters. It’s used mostly to pay for heating, clothing, etc.

That’s what my uncle told me, he lived up there for around 25 years.
 
SlyPokerCat said:
Nobody will have a reduced benefit. They can continue receiving the assistance they currently receive or do the $1,000 a month.
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That, to me, makes it a LOT less appealing.

So poor people don't get extra cash, but me and Jeff Bezos get $1000? Neither of us needs $1000, the disabled single person with 3 kids does.

barfo
 
GhostOfPGA said:
Alaska does their yearly thing as a way to help families through the harsh winters. It’s used mostly to pay for whiskey.

That’s what my uncle told me, he lived up there for around 25 years.
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FTFY.

barfo
 
dviss1 said:
Warren

Who cares what it costs? The money goes right back into the economy. There's lots of low banking fruit to cut. Bring our soldiers home from Afghanistan and we save over 5 billion a month.

And to that I'll quote Elizabeth Warren:

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I’m hoping for a Warren/Buttigeig ticket.
 
GhostOfPGA said:
Alaska does their yearly thing as a way to help families through the harsh winters. It’s used mostly to pay for heating, clothing, etc.

That’s what my uncle told me, he lived up there for around 25 years.
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Maybe that is what he used it for. I dated a girl from Alaska in College who got it while she attended OSU because she was still an Alaskan resident.

Her family did not use it for that.

That is the beauty of it. You can use it however you please.
 
barfo said:
That, to me, makes it a LOT less appealing.

So poor people don't get extra cash, but me and Jeff Bezos get $1000? Neither of us needs $1000, the disabled single person with 3 kids does.

barfo
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I disagree. I think it is appealing.
 
SlyPokerCat said:
I disagree. I think it is appealing.
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What's the appeal? It's paid for via a VAT tax, so you are just taking money out of your pocket and putting it back in the other pocket.

I have a simpler plan. Let's double everyone's income tax, and give everybody a 50% refund! Think of what you could do with all that extra money!

barfo
 
barfo said:
What's the appeal? It's paid for via a VAT tax, so you are just taking money out of your pocket and putting it back in the other pocket.

I have a simpler plan. Let's double everyone's income tax, and give everybody a 50% refund! Think of what you could do with all that extra money!

barfo
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For one, I can pay all those nice girls way through college at the Acropolis.
 
barfo said:
What's the appeal? It's paid for via a VAT tax, so you are just taking money out of your pocket and putting it back in the other pocket.

I have a simpler plan. Let's double everyone's income tax, and give everybody a 50% refund! Think of what you could do with all that extra money!

barfo
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Come on barfo, you're better than this. This logic is stupid.
 
SlyPokerCat said:
Meet me for a beer on you if you must know. I usually charge people when I discuss tax things.
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Heh. Me too.

My big problem with this is that poor people get fucked, because it causes their expenses go up, but they don't get the $1000.
Fix that and I might support it.

barfo
 
barfo said:
Heh. Me too.

My big problem with this is that poor people get fucked, because it causes their expenses go up, but they don't get the $1000.
Fix that and I might support it.

barfo
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What about felons who can't find work when they get out of prison? You don't think $1,000 month would help them?

My first house was right next to section 8 housing units. I used to hear people living in those homes talking about how they were just going to rob someone because nobody would hire them and they had no other choice.
 
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