dgs49 wrote:Sue, I'm rather surprised at the points you are making.
Why? What have I said that is in any way surprising?
dgs49 wrote:You want to talk about a cost-benefit analysis? Each of us chooses what to speed to drive on the highway, If we drove at 50mph, our chances of death or serious injury would be drastically reduced, as compared to the 75 that most of us use. Yet, we choose to accept a greater risk in exchange to reaching our destinations sooner. We also may choose to go for a ride in the country on a nice Fall day, knowing that we are greatly increasing the risk that we will die, when compared to sitting at home. We may choose to drive a small, economical car, rather than an SUV or a truck, knowing that in the event of an accident, we are much more likely to be killed in a Fiat 500 than in a base Ford F150, which doesn't cost all that much more, considering today's available discounts.
I ride a motorcycle, knowing that my chances of getting killed in an accident are 4 or 5 times greater than driving my MB. And the only justification is because I like to ride.
So what?
dgs49 wrote:GM could easily make cars that are super-safe. They would be 5000 pounds and have a maximum speed of 40mph. But nobody would buy them.
That would be the "risk-utility" assessment I mentioned. We may be perfectly willing to accept an increased risk of injury and death from higher-speed lighter-weight vehicles because we find them more useful than slower, heavier ones. We could also make all cars capable of going in excess of 200 mph, and could eliminate speed restrictions on roadways, but we have chosen collectively that the associated risk is unacceptable.
dgs49 wrote:"Progressives" like the President want to force the car manufacturers to make cars that will average 35 mpg, knowing that the road will ALWAYS be populated with commercial trucks and vans, and that MORE LIVES WILL INEVITABLY BE LOST in these high-mileage cars than if everyone were driving an SUV. Does that make them killers?
No, that makes them elected representatives enacting policy perceived to be in the overall public interest. If you think a different calculation should be made, elect someone else. But that's how we do it here.
dgs49 wrote:Capitalism is neither moral nor immoral. Anyone can choose to be a capitalist (investor or business owner) and anyone can choose not to be. Regardless, whatever it is you are selling (goods, services, intelligence) is sold in a marketplace that determines its value based on demand and availability. I might be a PhD nuclear engineer who can't find a job, or a disgusting self-promoting slut (Lady Gaga) who can earn millions doing whatever the hell it is that she does. There is nothing moral about it.
Except for the pejoratives concerning Lady Gaga, I agree with you.
dgs49 wrote:Socialism, on the other hand, requires confiscation of wealth from some individuals so that it can be given to others, and that is immoral on its face.
Any and every governmental system requires a system of taxation to provide public services and welfare programs. That is not "confiscation." More accurately, socialism (at least modern democratic socialism) provides for regulation of the economy through a democratic system for determining the allocation of resources and economic benefits.
dgs49 wrote:And confiscating wealth is also an abridgement of freedom, because the victim's choices are limited by the lost wealth. Today's American Libs have the silly idea that mountains of wealth can be taken from those who have earned it and given to others, and that those whose wealth is confiscated will simply continue to generate that wealth and give it up. The history of the Income Tax in the U.S. is proof of the folly of this belief.
And that proof is what? That all the wealthy industrialists and entrepreneurs have been fleeing the U.S. since 1913 (or since any earlier iterations of an income tax)?
dgs49 wrote: The top marginal tax rate has been as high as 90%, and yet the contribution of the top earners to the total income tax pool was less than it is now.
I don't know if that is true or not, and I don't have time to look it up now, but even if it is, so what? There are numerous factors besides the top marginal rate that affect revenue collected -- such as where that rate kicks in, the percentage of taxpayers earning the qualifying amount, other sources of revenue, etc.
dgs49 wrote:There is no doubt that people on "Wall Street" and bankers have made "obscene" amounts of money without producing anything. More poignantly, many of them have made choices that have brought misery on millions of Americans - and been bailed out and rewarded for it. Surely, it is enough to piss a body off!
I think that's pretty much the point, right there.
dgs49 wrote:But this is nothing new and nothing unique.
The idea is to change that.
dgs49 wrote: We have many pockets of our economy and culture where people produce nothing and manage to make bazillions of dollars. Show business, sports, tort law, real estate development. Generally, however, our economy is not a zero-sum game. Just because one person makes a lot of money does not necessarily mean that someone else has to suffer unjustly. Who has been victimized by Bill Gates? Steve Jobs? Tiger Woods?
No one is saying that anyone has suffered unjustly because some people make a lot of money. All they are saying is that those reaping such great benefits from the system should pay to support it in a proportion more representative of the benefits obtained.
dgs49 wrote:OWS is about envy; nothing more. That's their only connection to the Obama Administration.
This is simply your delusion.