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Investments > Investing Science > Re: The New Gui...
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Re: The New Guilded Age

by Jerry Kraus <jkraus_1999@[EMAIL PROTECTED] > Apr 17, 2008 at 09:08 AM

On Apr 17, 10:40=A0am, solon fox <solon...@[EMAIL PROTECTED]
> wrote:
> On Apr 17, 9:34=A0am, ZerkonX <Z...@[EMAIL PROTECTED]
> wrote:


> The only legal way to redistribute wealth is through taxation. Any
> other method violates property rights and is theft. Hmm... makes you
> wonder about the morality of using the tax code as a lever against
> property rights. We need fairness in the tax code.


Our main area of disagreement, Mr. Fox, seems to be the degree to
which we think the government should regulate property rights.  You
think as little as possible, I think it depends a great deal on
cir***stances.  For example, I think the desirability of outsourcing
-- allowing American companies to hire foreign workers to produce
"American" products for the American market -- is highly dubious.
Nevertheless, for the moment, it is quite legal.  It allows companies
to produce products more cheaply, but at the cost of decimating the
U.S. labor market, and of catastrophically reducing American
salaries.  It leads to an enormous transfer of Capital into the hands
of the senior executives of cor****ations, who can search for the
cheapest workers around the world, and then sell their products on the
U.S. market at virtually whatever profit margin they choose.

Yes, American products would be more expensive.  But, Capital wouldn't
be transferred en masse into the hands of foreign workers and wealthy
American CEO's.  Vastly more American workers would benefit.  And, the
American economy would benefit from more people having more money to
spend.  Making outsourcing illegal is a simple example of how I
believe, reduced property rights would benefit the U.S. population as
a whole.
 




 34 Posts in Topic:
The New Guilded Age
Jerry Kraus <jkraus_19  2008-04-15 08:27:34 
Re: The New Guilded Age
Jerry Kraus <jkraus_19  2008-04-15 08:31:44 
Re: The New Guilded Age
Michael Scheltgen <mik  2008-04-15 21:19:03 
Re: The New Guilded Age
Richard Eich <richard.  2008-04-18 19:29:57 
Re: The New Guilded Age
Jerry Kraus <jkraus_19  2008-04-16 07:45:24 
Re: The New Guilded Age
ZerkonX <Z@[EMAIL PROT  2008-04-16 15:30:58 
Re: The New Guilded Age
"Mark M." <m  2008-04-16 19:15:35 
Re: The New Guilded Age
Jerry Kraus <jkraus_19  2008-04-16 09:01:13 
Re: The New Guilded Age
solon fox <solonfox@[E  2008-04-16 10:28:57 
Re: The New Guilded Age
solon fox <solonfox@[E  2008-04-16 10:39:31 
Re: The New Guilded Age
Jerry Kraus <jkraus_19  2008-04-16 11:59:45 
Re: The New Guilded Age
solon fox <solonfox@[E  2008-04-16 13:52:33 
Re: The New Guilded Age
ZerkonX <Z@[EMAIL PROT  2008-04-17 13:15:19 
Re: The New Guilded Age
ZerkonX <Z@[EMAIL PROT  2008-04-17 13:34:15 
Re: The New Guilded Age
solon fox <solonfox@[E  2008-04-17 08:40:59 
Re: The New Guilded Age
solon fox <solonfox@[E  2008-04-17 08:42:28 
Re: The New Guilded Age
Jerry Kraus <jkraus_19  2008-04-17 09:08:04 
Re: The New Guilded Age
"J.H.Boersema"   2008-04-18 15:10:08 
Re: The New Guilded Age
solon fox <solonfox@[E  2008-04-17 09:55:35 
Re: The New Guilded Age
Jerry Kraus <jkraus_19  2008-04-18 12:38:26 
Re: The New Guilded Age
solon fox <solonfox@[E  2008-04-21 10:15:23 
Re: The New Guilded Age
solon fox <solonfox@[E  2008-04-21 10:48:55 
Re: The New Guilded Age
"J.H.Boersema"   2008-04-23 07:26:54 
Re: The New Guilded Age
MichaelNJ@[EMAIL PROTECTE  2008-04-21 10:59:49 
Re: The New Guilded Age
Jerry Kraus <jkraus_19  2008-04-21 11:07:36 
Re: The New Guilded Age
Mani Deli <nothing@[EM  2008-04-21 16:38:02 
Re: The New Guilded Age
MichaelNJ@[EMAIL PROTECTE  2008-04-22 07:00:03 
Re: The New Guilded Age
solon fox <solonfox@[E  2008-04-22 10:51:13 
Re: The New Guilded Age
Jerry Kraus <jkraus_19  2008-04-22 11:02:29 
Re: The New Guilded Age
Jerry Kraus <jkraus_19  2008-04-22 12:07:12 
Re: The New Guilded Age
solon fox <solonfox@[E  2008-04-23 14:16:37 
Re: The New Guilded Age
Jerry Kraus <jkraus_19  2008-04-23 14:34:03 
Re: The New Guilded Age
solon fox <solonfox@[E  2008-04-23 15:05:16 
Re: The New Guilded Age
Jerry Kraus <jkraus_19  2008-04-24 07:23:09 

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tan12V112 Fri Nov 21 9:21:57 CST 2008.