Democratic Nominee in 2020

Steyer out!

Looks like he may have spent $250 million for one delegate.

Quote: ams288

Steyer out!

Looks like he may have spent $250 million for one delegate.

He got very little traction. Didn't really spark any big moments.

I'm glad Biden won South Carolina tonight. Losing him
at this point would be like losing Lewis in the comedy
team of Lewis and Martin. When is somebody going
to tell Joe he's running for president and not for the
Senate. He's got three days till super Tuesday to revel in
his victory, if he can even remember tomorrow that
he won.

Quote: rxwine

He got very little traction. Didn't really spark any big moments.

Tom Steyer came in third & had the good
sense to drop out. Mayor BootyFudge
came in forth that he's not dropping out.
Neither is Pocahontas. They're going to
embarrass themselves to the bitter end.

Since I think Reid is likely right,

Quote:

Former Senate Majority Leader Harry Reid spoke out against Democratic front-runner Sen. Bernie Sanders’ (I-Vt.) signature campaign proposal, Medicare-for-all, saying there was “not a chance in hell it would pass” in Congress.

I'm wondering what options Sanders will go with instead.

I doubt if we will have the type of congress needed to pass his plan. I fully expect if the Republicans still have the numbers they will block everything just like they did when Obama was President. And Democrats in vulnerable purple states probably won't support the more extreme left positions.

Trump's executive orders will likely be reversed with few exceptions.

Quote: rxwine

Since I think Reid is likely right,
I'm wondering what options Sanders will go with instead.

He has nothing else to go with. The
whole point of medicare-for-all, for
Single Payer, is to get hold of a huge
part of the economy and the federal
budget. Once you get your foot in
the door with that, socialism is
just around the corner.

Every Democrat running for president is either proposing or is open to a transaction tax on stock trades. Sanders, for example favors a 0.5% tax on stock trades and 0.1% tax on bond trades. For starters.

Hillary also favored the transaction tax during her campaign.

It is a direct tap into everyones 401K, ROTH, IRA’s, and personal accounts, that can siphon $250k and more, from their retirement funds during a worker’s lifetime.

Any time you or your fund makes a transaction, there will be a tax. Investors will pay the tax on every one of those trades.

Sanders plan would tax a $100K retirement account, $281 annually. That would compound to $64K over 40 years. Do the easy math for what it will cost larger accounts.

“Vanguard Group, an asset manager, said “everyday savers” would need to work around 2½ years longer before retiring if a 0.1% transaction tax were imposed.”

The Dem transaction tax is inevitable. They need cash to fund their wasteful spending programs.

Next will be a VAT.

Quote: Gandler

Yes because I am sure that every essay you wrote in High School you stand by 100%....

I am sure you won more JFK awards than him....

I thought the standard of the left was that we must investigate to the end what people did in high school now?

Quote: AZDuffman

I thought the standard of the left was that we must investigate to the end what people did in high school now?

I have no idea who wants to investigate endlessly about what people did in High School.

I am 29, and my political views have changed many times since High School on many issues. I am sure somebody far older than me has changed many more times since High School.

I am a pretty good student and would probably be "proud" of my essays as far as style and grammar, but that does not mean I would agree with all of my content.

That being said most of the primary issues (politically) that I wrote about I would probably stand by from what I can recall (against the death penalty, pro-marijuana legalization, pro-video game -against the hypotheses that video games lead to gun violence- ).

The one that I can recall that I would probably be "ashamed" (maybe no ashamed, but some level of disagreement) of (which I remember got me a lot of flack in a liberal school), was writing about how BSA should not allow homosexuals in the ranks, and to be fair, I did not have any good data, I mostly just regurgitated BSA talking points.
But, it was more just me defending the autonomy of BSA to make their own decisions about who they allow to join (which I more or less still agree with). And, I still disagree with the DOD not allowing BSA to use military bases for training because of their policies.


But, the point is, all of us change since High School, in fact I would be skeptical of anyone who is in their 30s and still has 100% the same views as when they were in High School, it means you are not learning from the real world and human experiences.

Quote: Tanko

Every Democrat running for president is either proposing or is open to a transaction tax on stock trades. Sanders, for example favors a 0.5% tax on stock trades and 0.1% tax on bond trades. For starters.

Hillary also favored the transaction tax during her campaign.

It is a direct tap into everyones 401K, ROTH, IRA’s, and personal accounts, that can siphon $250k and more, from their retirement funds during a worker’s lifetime.

Any time you or your fund makes a transaction, there will be a tax. Investors will pay the tax on every one of those trades.

Sanders plan would tax a $100K retirement account, $281 annually. That would compound to $64K over 40 years. Do the easy math for what it will cost larger accounts.

“Vanguard Group, an asset manager, said “everyday savers” would need to work around 2½ years longer before retiring if a 0.1% transaction tax were imposed.”

The Dem transaction tax is inevitable. They need cash to fund their wasteful spending programs.

Next will be a VAT.

There is an easy way around this.

Just fill your IRA and 401k with Bitcoin every year and you will be fine. No proposed trading taxes for Crypto.

(Don't actually do this, that was a joke).

I do support a VAT though, it is an important tax to have moving forward. I would much rather see a VAT than a trading tax.