| Yes, progressive taxation in conjunction with currency devaluation can accelerate the redistribution process. That's what Obama is trying to do in the USA. But, this is not the way to change fates of the poor people. If redistribution worked, socialist countries would be economically successful and survived. Jiten Roy --- On Fri, 9/14/12, Kamal Das <kamalctgu@gmail.com> wrote:
From: Kamal Das <kamalctgu@gmail.com>
Subject: Re: [mukto-mona] Re: Obama vows justice for killed US envoy
To: mukto-mona@yahoogroups.com
Date: Friday, September 14, 2012, 10:07 PM
"To redistribute wealth, you need force." That is a primitive process, currently the process is progressive taxation and even faster is progressive devaluation of currency. In last forty years, the dollar, for instance has lost over ninety percent of it's value. Share market upheavals also work. Big guys have lost significant chunks of their wealth in course of weeks in recent history. In lieu of warriors to enforce something, let the economists ruin the rich. They would the job without a drop of blood shed.
On Sat, Sep 15, 2012 at 7:37 AM, Jiten Roy <jnrsr53@yahoo.com> wrote:
Income redistribution is the central objective of a socialist system. To redistribute wealth, you need force. The people who will exert that force will remain rich or become rich, and the rest will become slaves. An example is the North Korea now. I know that Barak Obama is not going to take the money from the rich. He can't. American system will not let him. But he is saying so only to please his poor and middle class voter base. That's the point. He is playing Robin-hood just to get their votes. He knows that. Only people don't know - are his blind supporters. Therefore, Barak Obama's anti-rich rant is just a plain deceitful tactics to buy votes. He has no economic record to run with, so, this is the only thing left for him to run on. By the way, I am happy that Barak Obama is richer than me. He is living the American Dream. Jiten Roy --- On Fri, 9/14/12, Sukhamaya Bain <subain1@yahoo.com> wrote:
From: Sukhamaya Bain <subain1@yahoo.com> Date: Friday, September 14, 2012, 8:32 PM
Forgive me for saying so; but I see a "Joe the Plumber" syndrome in Dr. Roy. That guy was arguing with Barak Obama four years back about the possible redistribution of wealth that he hoped to have, but did not have at the time. This is typical of the ignoramuses among the lower middle class Americans who could be fooled by the Republican Party. Talking about 'anti-rich mantra from our beloved President', I have no doubt that Barak Obama is many times richer than Dr. Roy. He certainly is not anti-rich. I have never seen him advocating anything like making a rich person poor. In the world of rich people, he is a bit more decent. That is all. He is not about to give away the riches of himself or of anyone else in his class. Sukhamaya Bain =======================================
If I understood correctly - the first part of your comments says America is not a land of opportunity for some people, because many people are not working in the field they graduated from. Yet, you are concluding that America is the land of opportunity. What is it? My friend, I am not working in my field of education also, and you will find millions of people, like me, who switch fields every day. It has nothing to do with smartness. How many countries can offer that flexibility? Forget about me, ask yourself - are you better off in America than you would have been in any other countries? Now, let me remind you again, if you have forgotten, real king-maker is the perception in life, not how much money you have. You will probably find – millionaires, who are not happy because they are not billionaires yet. We have a janitor in our department. Whenever I see him, he gives me inspiration. He is always so happy. When I asked him about his secret, he said – "Life is what you make of it." In my view – he is the king in his world. You can be resentful of others' successes or you can make peace with what you have or you can dream for betterment and strive for it. It is up to you. I know it will be hard to understand for those who are getting daily dose of resentment and anti-rich mantra from our beloved President. Jiten Roy --- On Thu, 9/13/12, subimal chakrabarty <subimal@yahoo.com> wrote:
From: subimal chakrabarty <subimal@yahoo.com>
Subject: Re: [mukto-mona] Re: Obama vows justice for killed US envoy
To: "mukto-mona@yahoogroups.com" <mukto-mona@yahoogroups.com>
Date: Thursday, September 13, 2012, 10:50 PM
About a day or two ago, Dr. Jiten Roy said that he came to America with only $20 in his pocket and the land of opportunity has placed him where he is now. Maybe he now owns $20 million. As far as I know, any student of Physics who came to America for higher studies came with a job (assistantship) in hand. Some students even got the plane fare from the university. But think about the student who came to Dhaka university with 20 taka in hand and graduated with a good degree that helped him come to America. I know many Ph.Ds from good schools in America who are not doing "proper" jobs. I cannot say that those who are not getting jobs despite having good degrees are less smart. I hope nobody misunderunderstand me. No doubt this is a land of freedom and opportunities. ===============================
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