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Thomas Sowell: "Obama has an absolute talent for saying things that makes absolutely no sense, but not only sound plausible but inspiring. When they talk about taxing the rich, they often speak about people who happen to have money. Extremely few people happen to have money. This notion of...

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Sowell Economics

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.Owen Jones to an ex adviser to Michael Gove: "If you put money in the pockets of workers, what do they do? They go out and spend it. This lot instead gave tax cuts to rich people. What happens when they save money? They put it in a tax haven"

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Thomas Sowell on why “tax the rich” backfires: “The people at the high end of the income scale don’t just stand still to be sheared like sheep.” “They send their money overseas... They’re making money overseas and they don’t bring it home because it would be taxed to death if they bring it home.” “As you keep raising the taxes, they will do more and more of their businesses overseas, and the jobs that are created will be created overseas.” “Whether they have high or low taxes on the rich is gonna affect the rich a lot less than it’s gonna affect people who are looking for jobs and people who have small businesses like hardware stores who can’t move overseas.”
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Thomas Sowell on why “tax the rich” backfires: “The people at the high end of the income scale don’t just stand still to be sheared like sheep.” “They send their money overseas... They’re making money overseas and they don’t bring it home because it would be taxed to death if they bring it home.” “As you keep raising the taxes, they will do more and more of their businesses overseas, and the jobs that are created will be created overseas.” “Whether they have high or low taxes on the rich is gonna affect the rich a lot less than it’s gonna affect people who are looking for jobs and people who have small businesses like hardware stores who can’t move overseas.”

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“Champagne socialist scammers steal the money." Spencer Pratt tells Bill Maher that instead of taxing people more — he wants to stop the theft of taxpayer dollars instead: "We are already taxed so much in LA in California, I can't even comprehend taxing more." "What's happening is we tax these people and then other rich people, the champagne socialist scammers steal that money because they're all connected to the people taxing you." "And then the people that should see the money, the communities that are after the boys and girls clubs, the parks, the actual infrastructure doesn't see that money because different rich people stole the money that was being taxed from the rich people." "We're gonna actually put it to the people that have turned to socialism because they say America doesn't work. It doesn't work if we let people steal all the tax money and we have no accountability and transparency." Elect this man, Los Angeles.
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“Champagne socialist scammers steal the money." Spencer Pratt tells Bill Maher that instead of taxing people more — he wants to stop the theft of taxpayer dollars instead: "We are already taxed so much in LA in California, I can't even comprehend taxing more." "What's happening is we tax these people and then other rich people, the champagne socialist scammers steal that money because they're all connected to the people taxing you." "And then the people that should see the money, the communities that are after the boys and girls clubs, the parks, the actual infrastructure doesn't see that money because different rich people stole the money that was being taxed from the rich people." "We're gonna actually put it to the people that have turned to socialism because they say America doesn't work. It doesn't work if we let people steal all the tax money and we have no accountability and transparency." Elect this man, Los Angeles.

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Lady in green, "There are real people behind these statistics" "Previous cuts in benefits have been linked to over 500 deaths" "Suicide, people starving" "How confident is the panel that this won't happen again?" #BBCQT Fiona Bruce, "Do you think the size of the welfare bill needs to be reduced at all? Or are you happy to see it grow because this is the money people need?" Lady in green, "It feels to me this government - I was a Labour voter, I'm not going to be any more" "It seems you are betraying ordinary people who need help. Why don't we start taxing more of the rich?" "You're taking money from people who just don't have anything"
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Lady in green, "There are real people behind these statistics" "Previous cuts in benefits have been linked to over 500 deaths" "Suicide, people starving" "How confident is the panel that this won't happen again?" #BBCQT Fiona Bruce, "Do you think the size of the welfare bill needs to be reduced at all? Or are you happy to see it grow because this is the money people need?" Lady in green, "It feels to me this government - I was a Labour voter, I'm not going to be any more" "It seems you are betraying ordinary people who need help. Why don't we start taxing more of the rich?" "You're taking money from people who just don't have anything"

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Zack Polanski, "The four wealthiest people in this country have more wealth than 20 million people" "Inequality in our society is absolutely huge" "There will be people who go to sleep tonight who can make more money than any of us can earn in an entire year" "We need to be taxing the super rich" "Not plumbers, not hairdressers, not people trying to get by, but those who have huge wealth" "Why is is always hard choices for working class communities? For people in poverty? For people working but not being paid enough?" "And why are these not tough choices for multimillionaires and billionaires?" "We need to tax wealth and not work" "It is time for a tax on the super rich"
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Zack Polanski, "The four wealthiest people in this country have more wealth than 20 million people" "Inequality in our society is absolutely huge" "There will be people who go to sleep tonight who can make more money than any of us can earn in an entire year" "We need to be taxing the super rich" "Not plumbers, not hairdressers, not people trying to get by, but those who have huge wealth" "Why is is always hard choices for working class communities? For people in poverty? For people working but not being paid enough?" "And why are these not tough choices for multimillionaires and billionaires?" "We need to tax wealth and not work" "It is time for a tax on the super rich"

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🚨 SPENCER PRATT JUST OBLITERATED THE SOCIALIST FRAUD TO BILL MAHER: "We tax these people so much then socialist scammers STEAL THE MONEY! THEY are connected to the people taxing it!" 🔥 "People are all hyped on socialism because they're like everything's so expensive, America's failed, give me money, but what they're forgetting is all the people that these socialists are saying they're taking the money and giving, they're going to leave." "And then they're not going to have any money to take from these people to give to you." "I keep telling people the way we get you money is stopping the socialism, letting that successful rich people build businesses, build restaurants, put money into your pocket because there's more jobs." "There's more opportunity. That's how we actually get you more money to lie to you and tell you we're going to tax these rich people. We already taxed so much in L.A. in California. I can't even comprehend taxing more!" "Then the people that should see the money, the communities, the after the boys and girls clubs, the parks, the actual infrastructure doesn't see that money because different rich people stole the money that was being taxed from the rich people." "So I actually feel like Robin Hood, because I'm coming in and I'm going to say, where's all this money?!" "We're done with everyone STEALING the tax money and we're going to actually put it to the people that have turned to socialism because they say America doesn't work. It doesn't work if we let people steal all the tax money." Nailed it.

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Money is debt, and debt is money. It confuses a lot of people when I say that, but the mechanics are fairly straightforward. A debt instrument is just a promise to deliver money in the future. What that money is worth determines the value of what you’re holding. That’s why currency valuation is so critical, and why I think people need to pay more attention to it when thinking about the broader economy. Nikhil Kamath

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Former president Barack Obama says he felt like he was making “a mistake a day” in the White House. Robin Roberts : “Is there anything in looking back that you would do differently as President?” Barack Obama: “I always used to feel like I was making a mistake a day.” Barack Obama: “When we made decisions, we were making decisions with the American people in mind.” Barack Obama: “I wasn’t making decisions based on short term politics… I wasn’t looking at the polls.” Barack Obama: “We were good about collecting data and analysis and getting a bunch of different points of views.” Barack Obama: “Invariably, you don’t get everything done that you want to get done.” Robin Roberts: “Could that movement that you started… happen now?” Michelle Obama: “People just have to be fed up enough. They have to want more.” Michelle Obama: “Hope and change isn’t a you’ll do it. It is a we thing.”

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“When I became a governor, the cost of running my office was equivalent to the cost of running a Ministry of Education office. As a governor, if you want to travel to Abuja, about 30 people will follow you, people who have nothing to do with where I am going. I had to cut everything off. A governor also has an office of the First Lady, who nobody voted for. Inside that office, we have SA to the First Lady and other roles. I had to cut off the whole structure. When people talk about cørruption, they think it is only about ste@ling public money, but they forget that paying people who are not productive is also part of cørrûption.” —Mr. Peter Obi, speaking at the ongoing fourth public lecture of Coal City University in Enugu State.
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“When I became a governor, the cost of running my office was equivalent to the cost of running a Ministry of Education office. As a governor, if you want to travel to Abuja, about 30 people will follow you, people who have nothing to do with where I am going. I had to cut everything off. A governor also has an office of the First Lady, who nobody voted for. Inside that office, we have SA to the First Lady and other roles. I had to cut off the whole structure. When people talk about cørruption, they think it is only about ste@ling public money, but they forget that paying people who are not productive is also part of cørrûption.” —Mr. Peter Obi, speaking at the ongoing fourth public lecture of Coal City University in Enugu State.

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Riverside County Sheriff Chad Bianco says California Democrats are sending money to homeless NGOs and then getting the money back as campaign donations - They're opening nonprofits and NGOs - The government gives them $5 million - 90% of their money goes toward administrative costs, exorbitant salaries - “We're finding is those millions of dollars go into these nonprofits — the administrative part of the nonprofits are making millions and millions of dollars” - A portion of that money goes back into the campaign funds of the people that are giving them the money So it's a money laundering scheme through this homeless industrial complex that they don't want to fix. If they fix it, then the money stops, the money dries up. — It's $25 billion that is absolutely unaccounted for. They have no accounting measures. They have nothing to show of where that money went or what it went for. You can't tell me that that is not a crime, that there's not embezzlements going on and frauds” “Thousands and thousands of people that have become millionaires over the homeless crisis here”
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Riverside County Sheriff Chad Bianco says California Democrats are sending money to homeless NGOs and then getting the money back as campaign donations - They're opening nonprofits and NGOs - The government gives them $5 million - 90% of their money goes toward administrative costs, exorbitant salaries - “We're finding is those millions of dollars go into these nonprofits — the administrative part of the nonprofits are making millions and millions of dollars” - A portion of that money goes back into the campaign funds of the people that are giving them the money So it's a money laundering scheme through this homeless industrial complex that they don't want to fix. If they fix it, then the money stops, the money dries up. — It's $25 billion that is absolutely unaccounted for. They have no accounting measures. They have nothing to show of where that money went or what it went for. You can't tell me that that is not a crime, that there's not embezzlements going on and frauds” “Thousands and thousands of people that have become millionaires over the homeless crisis here”

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