$2 mil a year JP Morgan man, Tony Blair, says ‘terrible idea’ to tax rich

12 Responses to $2 mil a year JP Morgan man, Tony Blair, says ‘terrible idea’ to tax rich

1. Rich | April 24, 2009 at 3:48 pm |

   Blair          Criminal          Period

2. Barnet Burns | April 24, 2009 at 5:01 pm |

   New Pied Piper Required…

   http://www.bloomberg.com/apps/news?pid=20601109&sid=a7XWhB9as2Xg&refer=home

3. Max Power | April 24, 2009 at 5:25 pm |

   I am intellectually working on a tax proposal along the lines of 100% taxation for 100 years as a way for the US to fix itself as part of the global finsec meltdown.

   In principal it could be applied to Western Europe, where in some cases 98% taxes have been known.

   However, simulating it via spreadsheet is important and I have not reached that stage yet.

   The US Inland Revenue allows for 100% due to a tax courts ruling.

   NZ Finsec news worthy of headlining (take your pick):

   http://www.interest.co.nz/ratesblog/index.php/2009/04/24/strata-finance-fails/

   http://www.interest.co.nz/ratesblog/index.php/2009/04/24/nzs-big-four-banks-rated-high-in-the-worlds-50-safest-banks/

   http://www.interest.co.nz/ratesblog/index.php/2009/04/24/opinion-risk-of-lower-kiwi-next-week-as-rbnz-cut-may-be-big/

4. Manoj | April 24, 2009 at 5:52 pm |

   Dear Stacy

   We know max went to NYU and did his math degree. Where did you do your graduation from . None of us hardly know anything about you .Thankfully max has a wikipedia page but you don’t .Please do reply

   Yours Sincerely
   Manoj Payardha

5. Brandon | April 24, 2009 at 6:23 pm |

   I could see the US and UK breaking up within the decade. As an American this nation is ripe for huge change. The Welsh or Scotts could break from the UK. The English blame the Scotts for the problems of the UK. In the US the anti immigrant and federal government especially the end the fed movements are much bigger than folks think. What does everybody think?

6. Ayaz | April 24, 2009 at 7:04 pm |

   Stacy,

   A lot of know what is going on. What can you really do about it? US dollar should go down but it doesn’t. Gold should go up.. but it doesn’t. I guess you realize that printing money can be done concurrently by all nations and the price of things change but not in relative terms depending on exchange rates between the printing currency nations. If America prints then China and Japan etc. must print also. They can’t let their currncies get too strong against the USD without affecting their ability to export. Result? The USD doesn’t devalue no matter how much of it they print! It’s a printing race. You and I and a lot of people understand that politicians are men of straw. We also understand that if the power to control the supply of money for a nation is given to someone then no one cares who makes its laws. Different parties are put up for election but still controlled by the same money men. So lets get down to brass tacks. All your theories about what the US dollar should do or what the price of Gold or any other commodity should do is out of the window. If the expression ” Markets can be wrong longer than you can have money” only referred to temporary anomolies then we would be happy with knowing that. The truth is the markets can be controlled just as well as politicians. They can be shorted, invested in and on and on if you controll an unlimited amount of wealth through printing presses. All of you know whats going on including the gold bugs that see the short position in silver and gold, that see the overwhelming shorts in the market days before the Lehman collapse, the Goldman Sachs appointment of practically every central banker or treasury member ( not just in the US), to the smirks on the faces of Bernake, the East Indian guy( I forget his name) put in charge of distributing the TARP funds etc. etc as they sit in front of the Congress and just smile at the powerlessness of the Ron Pauls of this world that put tough questions to them.

   You can tell me that we CAN do something about it. We can start a revolution of the mind. We can make people aware. Yeah right!! A business partner of mine, who is retired now, is pretty intelligent and doesn’t dispute anything I have told him and generally knows about the world at large but his response to the overwhelming controll that is in place over humanity is best described by the excerpt from the Matrix in which the Soprano actor is selling out Keanu Reeves character to the centry in which he says something to the effect of….. I know I am not eating a real steak or drinking this  great wine but ignorance of the truth feels better than the alternative. Plug me back into the Matrix! Until you can come up with a REAL alternative or a movement or a revolution that most people can participate in, then where are you? I think a lot of people get it but they have to get up the next morning and work to pay the hydro bill and the engineered interest rate that we are all paying to the man!

7. geecie30 | April 24, 2009 at 7:47 pm |

   Yep, make sure that the poor and the middle class pay for the rich peoples wars. That is a great idea. Like Cheney,can’t Blair just stay in his cave? Rich people don’t make jobs.  They look for wage slaves like the poor people in Dubai that die in large numbers building castles for the rich. Rich people don’t care about where they get their blood money. Until the people rise up there will be a boot on your head smashing it into the ground. I am talking about all rich people. It’s funny how we are born on this earth but the rich control everything. I can’t wait to see this end.

8. snoop diddy | April 24, 2009 at 7:49 pm |

   Blair = scum

9. smdqr | April 24, 2009 at 7:54 pm |

   Yes. Yes he is.

10. Mother Earth | April 25, 2009 at 12:53 am |

    Instant hero: <script src=”http://i.cdn.turner.com/cnn/.element/js/2.0/video/evp/module.js?loc=int&vid=/video/world/2009/04/24/foster.replacing.poppy.cnn” type=”text/javascript”></script><noscript>Embedded video from <a href=”http://www.cnn.com/video”>CNN Video</a></noscript>

11. geecie30 | April 25, 2009 at 10:26 am |

    Mother Earth I can’t watch your video you put up. Is it about replacing Poppy plants for pomegranate. I like the idea! I have read that the CIA launders money through banking however. Don’t you think the new tree farmers will run into opposition eventually or are our governments really looking for change? First by controlled demolishion then with the reforms or revolutions necessary for change. All I can see is the CIA forgiving the waterboarding, so I doubt the CIA is going to change. Infact all the known Drug launderers are now heads of huge banking and financial corporations. Someone named Ruppert thinks that the economy would die in America if the drug laundering ended. Now the ills of their ways are surfacing. Yes revolution will be hard but we can do it! These people think capitolism will work but what they neglect to mention is that america is a police power all over the world for financial corporations and thats just expensive and when oil is hard to come by there will be no more growth. All these capitolist apologists are just prolonging the inevitable. They are also whiners and greedy white guys. I am white with blue eyes BTW.
    South American leaders just met together to shun predatory capitolism and I rejoice in their outspoken disire to cut the head of the snake off. We have alot of republicans who think we are still in the Bush era. They cant stand Minorities and they are religionists. Those days are over. I hope Obama is on our side. I hope that we wont have to adopt fascism where the corporations own the whole world and all the people are just a natural resource for the Corporations. Corporations polute our water and pass the savings on to their own kids. Sick degenerates. I dont think that America is ready for this but I bet the poor of the world out number the few neocon patriots with their Faux patriotism. These tea parties have alot of closet racists. Thats the problem. Astro turf corporate sponsored revolts are stupid. What we need is a 4 million man march to the white house MLK style. Not sad McCain rallies. I don’t want a one world government monitary system if it doesn’t mandate life,liberty,housing,food and education. If I need to ride a bike to work I can sacrifice the luxury of driving. Problem is the fat americans that wont let go for the betterment of their neighbor. Divine right to hoard people. They say things like “hey if your poor and lazy go to the church and get your hand out you bumb”. Well I have worked my whole life and watched medical,housing, and food go up while two people have less security if something like my motorcycle come up. The conservatives think I should just roll over and die like the wage slaves that help their capitolist buddies in office ruin humanity

12. geecie30 | April 25, 2009 at 10:31 am |

    I meant my motorcycle accident ruined me. Now all the bills are piling up.  No safety net what so ever except if you could save. Meanwhile people are starving while we watch life styles of the rich and the infamous