How the system is rigged against even the high earners

Discussion in 'Fred's House of Pancakes' started by Georgina Rudkus, Mar 19, 2026 at 7:37 AM.

  1. Georgina Rudkus

    Georgina Rudkus Senior Member

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    The government would have to buy all the shares of stock for all the oil companies.

    When President Miguel Aleman nationalized the oil companies in Mexico, the government had to compensate them.
     
  2. bisco

    bisco cookie crumbler

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    when you print your own money, it's no big deal
     
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  3. Georgina Rudkus

    Georgina Rudkus Senior Member

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    What happened to the Weimar Republic in post WWI Germany?
     
  4. PriusCamper

    PriusCamper Senior Member

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    Lol... That's much different than how it worked in Venezuela and Iraq.
     
  5. ETC(SS)

    ETC(SS) The OTHER One Percenter.....

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    I remember it had something to do with wheelbarrows....or was it wallpaper?
     
  6. BiomedO1

    BiomedO1 Senior Member

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    Sorry; didn't realized that all those other countries has somehow stolen US fracking technology.....o_O:(:whistle::X3: Venezuela can't seem to maintain their existing wells but they can somehow manage fracking technology????:ROFLMAO::LOL::D:eek:
    So how did Iran get fracking technology, since we've been out of there since the mid 70's??
     
  7. ETC(SS)

    ETC(SS) The OTHER One Percenter.....

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    Iran isn't a backwards nation. They are led by an evil regime.
    They're highly educated and possess the same basic wartime engineering infrastructure that the Ukies have.

    Fracking is very old tech.
     
  8. BiomedO1

    BiomedO1 Senior Member

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    Yep; Iran was a thriving democracy until the US & UK backed a dictator for regime change (The Shah of Iran). The formally free people got tired of the BS and the religious sect was the only organization that could overthrow and take power. Basically out of the frying pan and into the fire. The religious sect holds enough popular sway to hold onto power and pass laws to keep their rivals at bay. They've had more than a generation to brain-wash most of their population, spread, and financially back their doctrine throughout the middle east and through their proxies. Bombs don't work on zealot. Just look at lessons NOT learned in Afghanistan, Iraq, Korean conflicts. They don't have to win, they're game is a stalemate - Time is on their side..... by the way, the US also backed Saddam Hussein back in the day.

    Just my two cents......

    Those that don't learn from history, are doomed to repeat it.....
     
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  9. Georgina Rudkus

    Georgina Rudkus Senior Member

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    The key to wealth is to acquire assets as soon as possible to accumulate wealth that pays you.

    The system is rigged to tax high earners and society is designed by peer pressure to relieve you of your wealth through lifestyle inflation.

    Those who accumulated wealth pay little in taxes.
     
  10. bisco

    bisco cookie crumbler

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    Idk, we pay a lot on our investment income
     
  11. ETC(SS)

    ETC(SS) The OTHER One Percenter.....

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    In 2022, the top 10% of US income earners paid approximately 72% of all federal income taxes.
    In contrast, the bottom 50% of earners paid roughly 3% of federal income taxes in 2022.
     
  12. bisco

    bisco cookie crumbler

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    But let’s break it down, top 10% is vague, and potentially deceiving