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Arlos wrote:I agree with Toss on this, actually. Right now the government is about the only entity that can (and actually sometimes does) stand up to large corporations on issues. Think ENRON would've come to light without the FTC? Think corporations would actually follow good environmental practices without the EPA?
No, the government shouldn't run the economy, but it should be in a position of oversight, to make sure the middle class isn't getting screwed. Honestly, I think we need some crusaders like existed earlier in the century, where they had a similar widening gap between the top 1% and the other 99% too, and they enacted a number of things to preserve and bolster the middle class, and reign in the ultra-wealthy. Hell, listen to Warren Buffett, he annually calls for much higher tax rates on people like himself, because he can afford it and the middle class needs help.
Arlos wrote:Actually, from Buffett I believe that he really does want the government to take a much bigger slice of his income. Look how many billions he's already donated to charity, and his will is set up so that his kids barely get a fraction of his money, the rest of it goes to charity upon his death.
lyion wrote:Arlos wrote:Actually, from Buffett I believe that he really does want the government to take a much bigger slice of his income. Look how many billions he's already donated to charity, and his will is set up so that his kids barely get a fraction of his money, the rest of it goes to charity upon his death.
Which again, shelters his wealth from the government, and it's 55% estate tax upon death, sans if it goes to charity.
So even when he dies Buffett still ensures he isn't paying taxes.
Hypocrit.
lyion wrote:There's a big element in America that supports a very, very small government limited in power and scope.
I personally don't, but I like a lot of what he says. However, I think completely free markets and removing most of the government entities would result in carnage for the middle class.
Arlos wrote:How dare he make the largest charitable donation in the history of the nation! The nerve of that guy!
-Arlos
They would still have their reputations on the line, and I'm sure there'd be plenty of trusted consumer groups and such looking out for our best interests much better than the federal government can and does now.
KaiineTN wrote:Why do you think having a very small government is not a good idea? Are there any of the Departments that you agree with Paul on about being unnecessary? Also, keep in mind that the President does not have the power to do all the things he is suggesting, and they certainly could not all happen during a single presidency. He assumes that, if elected, Congress will take the hint that the people want to see some major changes and live of to their responsibilities. If the Government's role was shrinked more and more each year, rather than growing more and more, I do not think the result would be carnage fo the middle class. If all of these changes were to happen in a relatively short time, then we would have some problems.
Removing the government from regulating the market doesn't mean that huge corporations will become more irresponsible and do things that they aren't already finding ways to do today. They would still have their reputations on the line, and I'm sure there'd be plenty of trusted consumer groups and such looking out for our best interests much better than the federal government can and does now.
I know a lot of what Paul talks about seems extreme, but I am curious about what people here think of our current government. Do you think we should be staying where we are today, or moving in the direction of more, or less, government (at the federal level)?
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