Ordinary folks just trying to get ahead

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Victor Reilly once again seeks to mischaracterize all Republicans by stating they are "simply the party for the rich." Millions of very ordinary citizens of various social and economic backgrounds just rebutted that statement in the last election in a loud and clear voice.  Has he seen the citizens attending Tea Party rallies? Do they look like plutocrats?

People I have seen at various political turnouts looked very much like ordinary citizens who are fed up with the direction in which our country is headed -- citizens tired of politicians who ignore their wishes and legislate health-care and other social programs without regard to affordability, constitutionality and, better yet, understandability!  If these elected officials don't make changes, they in turn will be voted out, just like the Democrats.

As to the "sweet deal" on unearned income, the 15 percent tax on capital gains applies to profits on long-term gains only (those stocks held over a year). Any other gain is taxed as ordinary income and at the income level of the filer, certainly not 35 percent for most of us.

Last time I looked, millions of Americans owned stock in hopes of increasing their wealth and sharing in the country's prosperity (but in most cases they have yet to recoup losses of the last 3 years).  By the way, that 15 percent tax rate on long-term capital gains was put in to encourage ordinary citizens to invest in America by purchasing stock in companies they believe in so they, in turn, could grow and prosper.  It's called capitalism.

Jack Burke 

Aiken, S.C.

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dashiel
176
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dashiel 12/27/10 - 05:01 am
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Republicans do a lot for

Republicans do a lot for ordinary folks just trying to get ahead. Take Georgia's Public Service Commission, for example. Every commissioner on it is a Republican. Consider what they just did for Georgia Power and the Southern Company. And TO ordinary folks just trying to get ahead. There's a name for it (and for them) but it's an "unfiltered word" having little to do with procreation and more to do with a sucker being born every minute.

onlysane1left
222
Points
onlysane1left 12/27/10 - 07:29 am
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Agreed Dashiel! My pay is

Agreed Dashiel! My pay is frozen, but my bills are going up. Thanks democrats, republicans, and other sub-humans!

seenitB4
93437
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seenitB4 12/27/10 - 08:05 am
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Hey guys.....why blame this

Hey guys.....why blame this on the politics.....look in the mirror...WE voted congress in office.... WE can vote them out.
Does anyone think that congress has been looking out for the middle man in America....the middle class has taken a beating for the last 25 years... Tax-Job Loss-Insurance out of sight--NO raise in pay--but lots of increased $$ in daily bills- the middle class has almost disappeared...
When we lose thousands of factories----& the low income jobs are taken by illegals you get what we have today....forget about party when it comes time to vote....please don't let the talking heads on tv decide your vote.......I could care less if someone knows all the countries in AFRICA.....show me someone who cares about what is GOING ON HERE IN THE USA!!

dani
12
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dani 12/27/10 - 09:02 am
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You only have to go back to

You only have to go back to "The North American Free Trade Agreement (NAFTA) of January 1, 1994" to understand what happened to jobs. What politicians failed to do, as usual, was look at the cause and effects of the act. Politicians who have never worked for a salary or ran a business will neither care nor understand the problems of the middle class, working group.

Exporting jobs while importing goods... look what happend

southernguy08
532
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southernguy08 12/27/10 - 10:09 am
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DASHIEL, the last time I
Unpublished

DASHIEL, the last time I checked, DEMOCRATS still owned both houses of congress, and the White House. Pass that info on to Victor Reilly please. He seems to have missed that little nugget of info. Yeah, I'm laughing.

dichotomy
36095
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dichotomy 12/27/10 - 10:56 am
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NAFTA was merely another nail

NAFTA was merely another nail in the coffin. Even before NAFTA, our EPA, OSHA, and the unions had already driven much of the manufacturing overseas to China, Korea, etc. NAFTA merely made it a little more convenient because they only had to go to Mexico to build a plant. Can anyone blame a business for moving to a place where they don't have to pay a high school dropout $40 an hour plus benefits and pension to put lug nuts on car coming down the production line? Can you blame them for moving to a place where they can build a manufacturing facility without spending 2 to 5 years trying to get an EPA permit? Can you blame them for moving to a place where the government is not trying to do everything possible to double the price of electricity and other energy like our EPA director, Lisa Jackson, is doing. NAFTA gave manufacturers the opportunity move to a country where they did not have to contend with the unions, and the anti-business crusaders at EPA, OSHA, and countless other federal and state agencies that do little except drive up the cost of doing business in a very competitive global marketplace. When our anti-business, left wing, tree hugger policies finally collapse the economy you may wish that you had located to another country too. I am not advocating a totally unregulated environment for manufacturing. But you cannot have agencies like the EPA implementing business killing policies and unions demanding unreasonable wages and benefits, and then approve something like NAFTA and expect business not to take advantage of it. There is no "one thing" that killed our economy. We are merely bleeding to death from a self-inflicted "death by a thousand cuts". A good example is Lisa Jackson at the EPA. We know cheap, abudant energy spurs economic development. But in the middle of a significant recession, our EPA director declares that SHE will unilaterlly implement CAP and Trade. That will artificially drive energy costs way up, maybe double what they are now. And why is the EPA doing this? Two reasons supposedly. First, to control carbon emissions due to global warming which is all based on unproven, falsified, pseudo science. Second, to push us toward solar panels and other techonology which cannot supply the energy we need and which will not be available to do so for at least the next 25 years, maybe never. More self inflicted wounds by an out of control government agency. Guess what EPA Lisa, the polar ice caps are expanding again and Al Gore is full of crap. I'm moving to Mexico to avoid the coming Ice Age. That's the latest rumor in case you would like to formulate some more government policies.

Lou Stewall
363
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Lou Stewall 12/27/10 - 01:15 pm
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What liberals need to realize

What liberals need to realize is that our government does not want you to achieve economic freedom. They want worker bees, and they are destroying the middle class's attempts to grow financial wings. The sub-prime, government engineered crisis was the greatest wipe out of productive people's wealth in my history. If we stopped the capital gains taxes, maybe some middle class people could step out of their serfdom.

dani
12
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dani 12/27/10 - 02:00 pm
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Lou..I'm with you

Lou..I'm with you

southernguy08
532
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southernguy08 12/27/10 - 04:29 pm
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LOU, you make a good point. I
Unpublished

LOU, you make a good point. I could almost stomach the worker bee mentality if our "guvmint" actually worked efficiently. We all know it doesn't, and government programs, like healthcare, wind up costing billions and sooner or later go into the red. Examples are FDIC, Social Security, and Medicare. Regarding this subject, the late Ronald Reagan said it best. "A government program is the closest thing to eternal life that you will find on Earth."

Rather
56
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Rather 12/27/10 - 04:29 pm
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Democrats like to

Democrats like to characterize Republicans in these forums, but lets characterize a Democrat. Democrats are never at fault even if the Congress that sets spending has been in power for the last 4 years is a Democrat majority. It's a party of, "whats the Gov'ment going to give me?" and a bunch who would rather complain than find something useful or constructive to do. Let's all do something for our neighborhood, city, or country tomorrow. Hope I see you out there !

ozarkalien
0
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ozarkalien 12/27/10 - 04:45 pm
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dichotomy REALLY. Lets be

dichotomy REALLY. Lets be just like the counties without the EPA lets dump toxic waste in every river lets let these businesses do what ever they wish because you know they will always put the county and it's people first? The mercury in the Savanna River that is just the cost of doing business. Lets get rid of OSHA TOO that way we won't have to be concerned with child labor or working 60,70 heck lets make them work 90 hours a week and the safety harness that keeps men from falling to their deaths you know thats too expensive lets dump that. We should allow the business here to pay 2 or 3 dollars a day so they can compete with other counties. I want the USA to be like the other third world counties so we can compete. That would be so much better then making agreements that would bring up the standards for the working poor of the world. I like having shrimp and fish raised in raw sewage because of no standards don't you?
I could go on and on about how wrong your letter is but I have better things to do but I do have the money for your ticket to Mexico that I would gladly give you.

follower
59
Points
follower 12/27/10 - 05:28 pm
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Ozark, no one is calling for

Ozark, no one is calling for an unregulated business world. But if you don't think it's over-regulated, I'll happily wager you're not a business owner. The cost of compliance can easily run into the tens of thousands for a small business and millions for a larger one. It's not enough to offer safe conditions for an employee. A "riskless" environment is demanded.

For someone to earn a certain pay scale requires that they offer value to the business. Menial task pay menial wages. As "dichotomy" pointed out, paying someone $40 an hour to install lug nuts will just drive the cost of the vehicle up, making it unaffordable for the average wage earner. If you want the burger flipper at McD's to make $20 and hour, fine. Just be prepared to pay $8 for a Big Mac.

The biggest problem with our economy is that everyone wants high wages and benefits, but wants the services and products they buy to be cheap. Try as you might, there is not a calculator that computes that data. It seems the parking lot at Wal-Mart is always full of folks that place a high priority on PRICE, with no concern that a large percentage of the revenue goes out of country.

Until you are the one in the "responsibility" seat, hold off on throwing those stones around. Your words display a narrow scope of understanding.

usapatriot
0
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usapatriot 12/28/10 - 06:31 pm
0
0
dichotomy and follwer, thanks

dichotomy and follwer, thanks for saving me alot of typing. great points that really cannot be refuted.

on the other hand, predictable how someone who thinks they are liberal always go off the deep end to rebut common sense. that's a prime example of why there is no middle ground to be had when dealing with liberals.

soldout
1280
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soldout 12/28/10 - 07:07 pm
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The stock market is still a

The stock market is still a good way to get ahead but market timing is a must. Use a trend timing system and not a predictive one although some of them are awesome. The best predictive around is twocornertiming.com but it has a lots of ups and nows. Trend timing will keep your 401K protected and it will make money during the good times.

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