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Title: Exclusive: US Empire Will Fall Due To Lack Of Faith, Not Finances Or War, Author Warns
Source: RawStory
URL Source: http://www.rawstory.com/rs/2011/01/ ... g-washington-author-tells-raw/
Published: Jan 27, 2011
Author: Nathan Diebenow
Post Date: 2011-01-27 12:55:52 by Brian S
Keywords: None
Views: 126594
Comments: 176

As many in the American empire longingly talk of "recovery" from the most devastating economic condition since the Great Depression, others have begun thinking in a very different direction, urging fellow citizens to prepare for the worst.

Dmitry Orlov, author of "Reinventing Collapse: The Soviet Example and American Prospects," is one of the latter.

Soon, he told Raw Story in an exclusive interview, Americans will "stop expecting anything of Washington," turning the US into more of a "banana republic" than a super power.

Orlov, who witnessed the Soviet Union's collapse from within, lamented that the American empire's condition is so severe there is "absolutely nothing" most can do to keep it alive or hasten its demise.

"Basically the people in this country are powerless," he suggested. "So they should probably focus on things closer to home."

Orlov, born in born in Leningrad (now known as Saint Petersburg), moved to the United States at age 12 and became an engineer. In his book, he detailed his experiences with the Soviet collapse on numerous visits to Russia in the late 1980s, early 1990s. He covered similarities between the two superpowers in their twilight and suggested ways for Americans to adapt to their new post-empire environment.

Amid horrid unemployment and a national deficit soaring past World War II levels, Orlov theorized that the US empire would eventually collapse -- not from finances or war, but from a lack of faith in the system.

It would happen over three overlapping stages, he said: financial, political and commercial.

"We're fairly far along in the financial collapse trajectory while political collapse has now really only started with the last election," he said.

By the next election cycle, Orlov figured, the United States would be in the throes of a "banana republic" such that the voters would exchange one inept political party for another inept political party while expecting different results.

While nothing constructive would result from this behavior, he said, the next meaningless shift in 2012 may be the last straw.

"That will run its course where people walk away in disgust and stop expecting anything of Washington," he said.

Environmental and social catastrophe

dmitryorlov Exclusive: US empire will fall due to lack of faith, not finances or war, author warnsAs the financial collapse runs its course, Orlov said, people can expect some imports to be cut off. Energy, above all cheap oil, will be the most important import to dry up. Transportation fuels will also become scarce, bringing on the next stage of social collapse: the commercial sphere, he noted.

"People will lose access to various products that they need," Orlov said.

Much has already collapsed in the commercial sphere. Vacant strip malls and deserted grocery stores clutter the landscape in many parts of the country.

"You also have people whose only source of food is food stamps," he said. "That's becoming predominant in a lot of communities."

But let's not fail to mention an overemphasis on military expenditures and unused industrial areas, Orlov insisted, describing them as mis-investments made by both empires.

"To this day, the former Soviet Union is littered with abandoned or semi-abandoned industrial sites just as the United States is," he noted.

By Orlov's estimation, the US military will never voluntarily quit being the world's largest oil consumer and largest polluter. Moreover, any plans suggested to the military to end its oil dependency in 30 years are an act of "desperation," he said.

"They have set their hair on fire and are running around in circles. That's their drill right now," Orlov quipped.

But what really seemed to rock the Soviet empire to its foundations, Orlov explained, was devastation of Russia's physical environment as a result of industrialization. The prime example was the nuclear reactor accident in Chernobyl in 1986. To this day, the site continues to produce very high levels of childhood leukemia, cancers and other diseases.

"[The Chernobyl accident] caused a great number of people, including people in some positions of authority, especially in the scientific community in Russia, to seriously mistrust the government, and [they] started doing their own research, making their own observations that disquieted them even more," Orlov explained.

Former Soviet President Mikhail Gorbachev's "glasnost" policy allowed enough truth out to undermine the remaining Soviet authority to the point where those who operated the system lost interest in perpetuating it, Orlov said.

While likening the Chernobyl disaster to the Deepwater Horizon accident in the Gulf of Mexico on his blog, Orlov said that he expects no hearts of American leaders to bleed over their destroyed environment any time soon.

"I don't see the elite in the United States at quite that level of desperation quite yet -- probably because they are a little bit less attuned to what's going on," he said. "They are a little bit more sheltered from the public at large. But that might change." (1 image)

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#136. To: jwpegler, A K A Stone, go65, lucysmom (#134) (Edited)

The U.S. has the highest corporate tax rates in the world. We also have the most progressive tax system on individuals. Know-nothing leftists like you don't get it.

What I find funny is you types screaming about socialist Europe and now I tricked you into admitting Socialist Europe is superior. Because as you remember I came on here first and openly declared the European social market model (Christian democracy) to be superior.

And now you agree you want to copy 'socialist' Germany.

Thank you. That was very gratifying.

"Keep Your Goddamn Government Hands Off My Medicare!" - Various Tea Party signs.

Godwinson  posted on  2011-01-29   17:51:28 ET  Reply   Trace   Private Reply  


#137. To: Godwinson (#136)

tricked you into admitting Socialist Europe is superior.

You're a real hoot.

What's really happened here is that I showed you that as Europe (and the entire rest of the world) have been moving towards lower taxes and markets while the U.S. continues to lurch towards socialism. The U.S. now has the highest corporate income rates in the world and the most progressive tax system.

You know-nothing leftists just don't get it. You have this mental image of Sweden in the 1970s which is no longer true. You continue to push for policies in the U.S. that the Swedes, Germans, Chinese, Russians and just about everyone else has rejected.

It's time to grow up and face reality.


Socialism is a philosophy of failure, the creed of ignorance, and the gospel of envy, its inherent virtue is the equal sharing of misery. -- Winston Churchill

jwpegler  posted on  2011-01-29   18:30:34 ET  Reply   Trace   Private Reply  


#138. To: jwpegler (#137)

What's really happened here is that I showed you that as Europe (and the entire rest of the world) have been moving towards lower taxes and markets while the U.S. continues to lurch towards socialism. The U.S. now has the highest corporate income rates in the world and the most progressive tax system.

The US is more socialist now than Europe? LOL! You right wingers are a hoot.

"Keep Your Goddamn Government Hands Off My Medicare!" - Various Tea Party signs.

Godwinson  posted on  2011-01-29   22:14:58 ET  Reply   Trace   Private Reply  


#139. To: Godwinson (#114)

Mike, tell your kook friend Pete to take his old people meds. If there was any reason to think I misjudged Pete - that is gone.

Don't blame me if you can't deal with the truth.

"I adore John McCain, support him 100 percent and will do everything I can to support his reelection. As everyone knows, I was honored and proud to run with him. And Todd and I were with him in D.C. just a week ago." (Sarah Palin,Dec 2009) ************************************ DID Palin say or write these things or not? (Me) I don't know or F ing care. (Mad Dog posted on 2009-12-26 16:36:33 ET,post # 105 http://libertysflame.com/cgi-bin/readart.cgi?ArtNum=5510&Disp=114#C114)

sneakypete  posted on  2011-01-30   0:16:05 ET  Reply   Trace   Private Reply  


#140. To: Godwinson (#115)

I don't comprend old people kook talk, pete. After you take your old people meds try replying again and I can figure out what your saying.

You,you,AGEIST,YOU!

I'm going to have big brother gubbermint arrest you for non-PC talk.

"I adore John McCain, support him 100 percent and will do everything I can to support his reelection. As everyone knows, I was honored and proud to run with him. And Todd and I were with him in D.C. just a week ago." (Sarah Palin,Dec 2009) ************************************ DID Palin say or write these things or not? (Me) I don't know or F ing care. (Mad Dog posted on 2009-12-26 16:36:33 ET,post # 105 http://libertysflame.com/cgi-bin/readart.cgi?ArtNum=5510&Disp=114#C114)

sneakypete  posted on  2011-01-30   0:17:30 ET  Reply   Trace   Private Reply  


#141. To: Godwinson (#117)

You can see from the list that is not true - what may have eased the other economic downturns was the availability of free land we killed the Indians for.

You can't even get THAT right! Have you ever been right about anything?

After swapping massacres with the British,they PAID my people to leave eastern NC in the early 1700's.

I bet the next thing you come up with is the white man is responsible for slavery.

"I adore John McCain, support him 100 percent and will do everything I can to support his reelection. As everyone knows, I was honored and proud to run with him. And Todd and I were with him in D.C. just a week ago." (Sarah Palin,Dec 2009) ************************************ DID Palin say or write these things or not? (Me) I don't know or F ing care. (Mad Dog posted on 2009-12-26 16:36:33 ET,post # 105 http://libertysflame.com/cgi-bin/readart.cgi?ArtNum=5510&Disp=114#C114)

sneakypete  posted on  2011-01-30   0:19:54 ET  Reply   Trace   Private Reply  


#142. To: Godwinson (#118)

Because the rich STOLE their new wealth.

And it makes you jealous beyond all belief. So jealous,you want to use the power of government to steal it back.

And the whole time the dirty little truth is you wish you had the balls to steal on your own instead of having the government do your stealing for you?

"I adore John McCain, support him 100 percent and will do everything I can to support his reelection. As everyone knows, I was honored and proud to run with him. And Todd and I were with him in D.C. just a week ago." (Sarah Palin,Dec 2009) ************************************ DID Palin say or write these things or not? (Me) I don't know or F ing care. (Mad Dog posted on 2009-12-26 16:36:33 ET,post # 105 http://libertysflame.com/cgi-bin/readart.cgi?ArtNum=5510&Disp=114#C114)

sneakypete  posted on  2011-01-30   0:21:27 ET  Reply   Trace   Private Reply  


#143. To: Godwinson (#120)

We have more regulation than Communist China? Japan?

Yes.

"I adore John McCain, support him 100 percent and will do everything I can to support his reelection. As everyone knows, I was honored and proud to run with him. And Todd and I were with him in D.C. just a week ago." (Sarah Palin,Dec 2009) ************************************ DID Palin say or write these things or not? (Me) I don't know or F ing care. (Mad Dog posted on 2009-12-26 16:36:33 ET,post # 105 http://libertysflame.com/cgi-bin/readart.cgi?ArtNum=5510&Disp=114#C114)

sneakypete  posted on  2011-01-30   0:22:42 ET  Reply   Trace   Private Reply  


#144. To: Godwinson (#128)

Ignorance is not a virtue.

Then why do you keep bragging about it?

"I adore John McCain, support him 100 percent and will do everything I can to support his reelection. As everyone knows, I was honored and proud to run with him. And Todd and I were with him in D.C. just a week ago." (Sarah Palin,Dec 2009) ************************************ DID Palin say or write these things or not? (Me) I don't know or F ing care. (Mad Dog posted on 2009-12-26 16:36:33 ET,post # 105 http://libertysflame.com/cgi-bin/readart.cgi?ArtNum=5510&Disp=114#C114)

sneakypete  posted on  2011-01-30   0:24:51 ET  Reply   Trace   Private Reply  


#145. To: sneakypete (#144)

Pete, I picked up one of these today, still has original leather strap, for $200.00.

en.wikipedia.org/wiki/Mauser_98k

We The People  posted on  2011-01-30   1:28:12 ET  Reply   Trace   Private Reply  


#146. To: sneakypete (#97)

Are we supposed to feel sorry for the typical lower 6 figure income American working family because some other family earns 10 or more times as much?

OK, I won't feel sorry for you, I promise!

meguro  posted on  2011-01-30   9:33:02 ET  Reply   Trace   Private Reply  


#147. To: jwpegler, Godwinson (#134)

The U.S. has the highest corporate tax rates in the world. We also have the most progressive tax system on individuals. Know-nothing leftists like you don't get it.

Actually, that isn't true and either you know it or YOU are the one that is ignorant.

Germany's corporate tax rate averages 29.8%; the US, 35%. India's corporate tax rate is 33.2175%, and Japan's rate is 40.69%.

As for "most progressive tax system on individuals" - you must mean something other than I think you mean because that isn't even close to being true.

en.wikipedia.org/wiki/Tax_rates_around_the_world

Merchants have no country. The mere spot they stand on does not constitute so strong an attachment as that from which they draw their gains. Thomas Jefferson

lucysmom  posted on  2011-01-30   11:27:41 ET  Reply   Trace   Private Reply  


#148. To: We The People (#145)

If it's got a good bore and the headspace checks out,you got a hell of a deal.

BTW,don't assume just because the bolt and the receiver have the same serial number (if they do) that the headspace is correct. Get it checked by a competent gunsmith before trying to fire it.

"I adore John McCain, support him 100 percent and will do everything I can to support his reelection. As everyone knows, I was honored and proud to run with him. And Todd and I were with him in D.C. just a week ago." (Sarah Palin,Dec 2009) ************************************ DID Palin say or write these things or not? (Me) I don't know or F ing care. (Mad Dog posted on 2009-12-26 16:36:33 ET,post # 105 http://libertysflame.com/cgi-bin/readart.cgi?ArtNum=5510&Disp=114#C114)

sneakypete  posted on  2011-01-30   13:03:10 ET  Reply   Trace   Private Reply  


#149. To: meguro (#146)

OK, I won't feel sorry for you, I promise!

Good. I don't need it and don't want it.

"I adore John McCain, support him 100 percent and will do everything I can to support his reelection. As everyone knows, I was honored and proud to run with him. And Todd and I were with him in D.C. just a week ago." (Sarah Palin,Dec 2009) ************************************ DID Palin say or write these things or not? (Me) I don't know or F ing care. (Mad Dog posted on 2009-12-26 16:36:33 ET,post # 105 http://libertysflame.com/cgi-bin/readart.cgi?ArtNum=5510&Disp=114#C114)

sneakypete  posted on  2011-01-30   13:04:06 ET  Reply   Trace   Private Reply  


#150. To: sneakypete (#148)

BTW,don't assume just because the bolt and the receiver have the same serial number (if they do) that the headspace is correct.

They do.

Get it checked by a competent gunsmith before trying to fire it.

Definitely.

We The People  posted on  2011-01-30   13:47:28 ET  Reply   Trace   Private Reply  


#151. To: sneakypete (#148) (Edited)

Correction: Serial numbers on the bolt and receiver DO NOT match.

It appears I have 1 serial number on the receiver, a different one on the bolt, a third on the safety and a fourth on the stock.

According to this site: www.mauser98k.internetdsl.pl/kodyen.html the receiver, at least, is a byf 43 manufactured in 1943 by Mauser Oberndorf.

Damn. Still, it should be fun to own and shoot, after it's checked out.

I know the stock is laminate and has been sanded.

We The People  posted on  2011-01-30   14:37:18 ET  Reply   Trace   Private Reply  


#152. To: sneakypete (#148)

It appears that with the number stamp on the stock it may have been a Russian capture?

We The People  posted on  2011-01-30   14:45:06 ET  Reply   Trace   Private Reply  


#153. To: We The People (#151) (Edited)

Correction: Serial numbers on the bolt and receiver DO NOT match.

It appears I have 1 serial number on the receiver, a different one on the bolt, a third on the safety and a fourth on the stock.

That's more common than not. When the Germans lost the wars their weapons were disassembled and parts stored in different places. When they came up for surplus sale the bulk buyers bought them by the case and barrels (literally barrels,not rifle barrels) after bidding by pound per container,and had guys sitting around in their warehouses with "field" gauges matching bolts to receivers with no regard whatsoever for matching numbers.

One other thing you really need to watch with surplus military weapons. You need to check firing pin protrusion. The military does a LOT of dry-firing to prove the weapons are unloaded and safe,and when you do this to excess the firing pins tend to "grow" longer. I have even seen some that had the firing pin hole in the bolt face enlarged to the point where it had to be bushed.

"I adore John McCain, support him 100 percent and will do everything I can to support his reelection. As everyone knows, I was honored and proud to run with him. And Todd and I were with him in D.C. just a week ago." (Sarah Palin,Dec 2009) ************************************ DID Palin say or write these things or not? (Me) I don't know or F ing care. (Mad Dog posted on 2009-12-26 16:36:33 ET,post # 105 http://libertysflame.com/cgi-bin/readart.cgi?ArtNum=5510&Disp=114#C114)

sneakypete  posted on  2011-01-30   16:55:01 ET  Reply   Trace   Private Reply  


#154. To: lucysmom, We The People, sneakypete, Godwinson (#147) (Edited)

Actually, that isn't true and either you know it or YOU are the one that is ignorant.

Germany's corporate tax rate averages 29.8%; the US, 35%. India's corporate tax rate is 33.2175%, and Japan's rate is 40.69%.

Look at the chart you linked to. What does it say? 2005.

Germany's corporate tax rate was cut to 15% in 2008. Japan's corporate tax rate was cut to 30% in 2009.

In addition, OECD made it very clear in 2008 that the U.S. has the most progressive tax system in the world. Do you even know what "progressive taxes" mean? Given that I posted the data from OECD and you still huff and puff, it's obvious that you don't have a clue.

I've told you this many times before -- you can't just quickly Google something and expect to come up with the right answer. You either the subject matter or you don't. You just don't.

I do know the subject matter. Unlike you, I'm a numbers person, not an ideologue. I don't posts things that aren't factually correct.


Socialism is a philosophy of failure, the creed of ignorance, and the gospel of envy, its inherent virtue is the equal sharing of misery. -- Winston Churchill

jwpegler  posted on  2011-01-30   17:01:27 ET  Reply   Trace   Private Reply  


#155. To: jwpegler, lucysmom, We The People, sneakypete, Godwinson (#154)

Do you even know what "progressive taxes" mean?

Self-described "progressives" don't even know what "progressive" means in the political context. It's a code word for "communist",and they will deny it with their dying breath because they just can't bear to face the truth.

"I adore John McCain, support him 100 percent and will do everything I can to support his reelection. As everyone knows, I was honored and proud to run with him. And Todd and I were with him in D.C. just a week ago." (Sarah Palin,Dec 2009) ************************************ DID Palin say or write these things or not? (Me) I don't know or F ing care. (Mad Dog posted on 2009-12-26 16:36:33 ET,post # 105 http://libertysflame.com/cgi-bin/readart.cgi?ArtNum=5510&Disp=114#C114)

sneakypete  posted on  2011-01-30   17:08:51 ET  Reply   Trace   Private Reply  


#156. To: jwpegler (#154)

Germany's corporate tax rate was cut to 15% in 2008. Japan's corporate tax rate was cut to 30% in 2009.

The World's Highest Corporate Tax Rates 2010

5. Germany

Combined Corporate Income Tax Rate: 30.18%
Current rate in place since: 2008
2010 forecasted GDP growth: +1.4%

Last Three Rate Changes
2008: Reduced to 30.18%
2004: Reduced to 38.9%
2003: Raised to 40.2% from 38.9%, a rate in place since 2001.

2. United States

Combined Corporate Income Tax Rate: 39.21%
Current rate in place since: 2008
2010 forecasted GDP growth: +3.3%

Recent Rate Changes
Rates have fluctuated within the narrow range of 39.25% and 39.44% since 1998.
The largest year-over-year changes since 1981 were 1986-1987 (49.8% to 44.2%) and 1987-1988 (44.2% to 38.6%).

1. Japan

Combined Corporate Income Tax Rate: 39.54%
Current rate in place since: 2004
2010 forecasted GDP growth: +2.4%

Last Three Rate Changes
2004: Reduced to 39.54%
1999: Reduced to 40.9%
1998: Reduced to 46.4% from 50%, a rate in place since 1990.*

www.cnbc.com/id/30727913/...te_Tax_Rates_2010?slide=1

The tax rates listed here are “combined corporate income tax rates,” a number that includes both national and local levies.

When you state the US corporate tax rate as 39.6%, you are providing a “combined corporate income tax rate” as stated above. The federal corporate income tax rate is 35% (statutory), and around 25-27% (effective).

Merchants have no country. The mere spot they stand on does not constitute so strong an attachment as that from which they draw their gains. Thomas Jefferson

lucysmom  posted on  2011-01-30   18:53:35 ET  Reply   Trace   Private Reply  


#157. To: lucysmom, jwpegler (#156)

jwpegler is kind of proves that the right wing talking points on Europe and their evil "socialism" is in fact bogus to the point they get caught praising Germany's system when before they can be attacking it as 'socialist'.

"Keep Your Goddamn Government Hands Off My Medicare!" - Various Tea Party signs.

Godwinson  posted on  2011-01-30   22:25:40 ET  Reply   Trace   Private Reply  


#158. To: Godwinson (#157)

jwpegler is kind of proves that the right wing talking points on Europe and their evil "socialism" is in fact bogus to the point they get caught praising Germany's system when before they can be attacking it as 'socialist'.

It must be very confusing for them.

Merchants have no country. The mere spot they stand on does not constitute so strong an attachment as that from which they draw their gains. Thomas Jefferson

lucysmom  posted on  2011-01-30   23:14:39 ET  Reply   Trace   Private Reply  


#159. To: lucysmom, jwpegler, sneakypete, A K A Stone, go65 (#158) (Edited)

jwpegler is kind of proves that the right wing talking points on Europe and their evil "socialism" is in fact bogus to the point they get caught praising Germany's system when before they can be attacking it as 'socialist'.

It must be very confusing for them.

Not only is it confusing to these so called "conservatives" it is down right anti-American because they don't take the side of the American worker. They take the side of the corporation which cares little about the USA.

They defend the corporation/business entity for killing American jobs over a couple of % of profit, their position states that the laws of the USA are worse than the laws of despotic China. Their position advocates for working conditions in America to be as hellish as they are in Red China. Why? Because the business community wants it that way and thus we should all live like slaves in third world countries. They advocate for the pollution of land, they advocate for the breaking of unions so there can be no ability for a worker to redress a wrong done to him. They want tyranny. They are in fact TRAITORS to their fellow Americans.

Up to what point will they say that the corporation/business communities demands have gone too much?

Well, that is not a hypothetical question because I know for a fact that libertarian theorists call for slavery to be legal.

These so called American "conservatives" are the direct enemy of traditional true conservative ideology as practiced by the Christian democratic political movement. They are in fact the scum of the earth, anti-christs in fact, and should be treated as such.

"Keep Your Goddamn Government Hands Off My Medicare!" - Various Tea Party signs.

Godwinson  posted on  2011-01-31   10:16:39 ET  Reply   Trace   Private Reply  


#160. To: Godwinson (#159)

Well, that is not a hypothetical question because I know for a fact that libertarian theorists call for slavery to be legal.

They like free trade and open borders too.

3.4 Free Trade and Migration

We support the removal of governmental impediments to free trade. Political freedom and escape from tyranny demand that individuals not be unreasonably constrained by government in the crossing of political boundaries. Economic freedom demands the unrestricted movement of human as well as financial capital across national borders.

http://www.lp.org/platform

If you can't bring the jobs to the cheap labor than you can bring cheap labor to the jobs.

Merchants have no country. The mere spot they stand on does not constitute so strong an attachment as that from which they draw their gains. Thomas Jefferson

lucysmom  posted on  2011-01-31   11:43:20 ET  Reply   Trace   Private Reply  


#161. To: Godwinson (#159)

I think if I had to pick just one word to best describe you,it would be "delusional".

"I adore John McCain, support him 100 percent and will do everything I can to support his reelection. As everyone knows, I was honored and proud to run with him. And Todd and I were with him in D.C. just a week ago." (Sarah Palin,Dec 2009) ************************************ DID Palin say or write these things or not? (Me) I don't know or F ing care. (Mad Dog posted on 2009-12-26 16:36:33 ET,post # 105 http://libertysflame.com/cgi-bin/readart.cgi?ArtNum=5510&Disp=114#C114)

sneakypete  posted on  2011-01-31   19:00:20 ET  Reply   Trace   Private Reply  


#162. To: Godwinson (#157) (Edited)

jwpegler is kind of proves that the right wing talking points on Europe and their evil "socialism" is in fact bogus to the point they get caught praising Germany's system when before they can be attacking it as 'socialist'.

You have a serious reading comprehension problem.

You think Europe is stuck in the 1970s. It's not. They are backing away from their socialist programs while we are RUSHING headlong toward socialism in the U.S.

Germany LOWERED their corporate tax rates two years ago. Germany is CUTTING government spending.

TODAY, Germany has LOWER corporate tax rates than the U.S. TODAY, Germany has a far LESS progressive tax system than the U.S. However, the AVERAGE German individual (not corporations) pays higher taxes than their U.S. counterparts BECAUSE they reach almost their top tax rate at $52,000 in income. In other words, the U.S. SOAKS THE RICH while Germany SOAKS the Middle class.

OVERALL Germany DOES NOT have a freer economy than the U.S., largely because of Hitler-era labor laws. However, Switzerland DOES.

CLEAR?


Socialism is a philosophy of failure, the creed of ignorance, and the gospel of envy, its inherent virtue is the equal sharing of misery. -- Winston Churchill

jwpegler  posted on  2011-02-01   11:36:55 ET  Reply   Trace   Private Reply  


#163. To: lucysmom (#156) (Edited)

5. Germany -- Combined Corporate Income Tax Rate: 30.18%

Combined = federal and state together.

2. United States -- Combined Corporate Income Tax Rate: 39.21%

That's the FEDERAL corporate tax rates. States levy corporate taxes as well. Most are between 6% and 10%. Iowa's is 12%. But you can deduct states taxes from your income before applying the corporate rate, so you can't just add the corporate rate and state rate to come up with the total.

I will research the Japanese numbers some more. The Japanese economy has been in a rolling recession since the early 1900s. Regardless of whether the U.S. has the highest or second highest corporate tax rates in the world, it's still a huge problem.

Let's look at other corporate tax rates:

Sweden -- 28%; U.K. -- 28%; Italy -- 27%; South Korea - 27%; Finland - 26%; Netherlands - 25%; Austria - 25%; Denmark - 25%; Switzerland - 21%;

The U.S. needs to slice it's corporate tax rates in half.


Socialism is a philosophy of failure, the creed of ignorance, and the gospel of envy, its inherent virtue is the equal sharing of misery. -- Winston Churchill

jwpegler  posted on  2011-02-01   11:50:45 ET  Reply   Trace   Private Reply  


#164. To: lucysmom (#156) (Edited)

Latest evidence: The U.S. now definitely has the very highest corporate tax rates in the world.

December 2010 The Japanese prime minister Naoto Kan ordered on December 13 a 5% reduction of the corporate tax in the next fiscal year according to Bloomberg. Currently the Japanese corporate tax , including local taxes, is around 40% well above the rate in other countries. The cutting of the corporate tax rate by 5% is the first step in Japan's effort to create an attractive investment environment. The tax cut will force Japan to find alternative resources to fill the expected revenue gap, e.g. by widening the corporate tax basis.


Socialism is a philosophy of failure, the creed of ignorance, and the gospel of envy, its inherent virtue is the equal sharing of misery. -- Winston Churchill

jwpegler  posted on  2011-02-01   11:56:50 ET  Reply   Trace   Private Reply  


#165. To: jwpegler (#162)

You think Europe is stuck in the 1970s. It's not. They are backing away from their socialist programs while we are RUSHING headlong toward socialism in the U.S.

Germany LOWERED their corporate tax rates two years ago. Germany is CUTTING government spending.

Again, I am playing with you dummies because Germany was never socialist. She has always adhered to the 'social market' of Christian democracy - which is not 'socialism'.

Even France is not nor has it ever been socialist.

But for some kooky reason to you American conservatives you call them socialist so I do too just to make fun of you.

In any case Germany still has a pretty good universal health care system and they can do it cheaper and better than the private market (for the most part) American system.

"Keep Your Goddamn Government Hands Off My Medicare!" - Various Tea Party signs.

Godwinson  posted on  2011-02-01   12:13:24 ET  Reply   Trace   Private Reply  


#166. To: jwpegler, lucysmom (#164)

So why not adopt the German welfare state model then?

"Keep Your Goddamn Government Hands Off My Medicare!" - Various Tea Party signs.

Godwinson  posted on  2011-02-01   12:14:10 ET  Reply   Trace   Private Reply  


#167. To: jwpegler (#162)

You think Europe is stuck in the 1970s. It's not. They are backing away from their socialist programs while we are RUSHING headlong toward socialism in the U.S.

I doubt anyone here thinks Europe is stuck in the 70s.

In other words, the U.S. SOAKS THE RICH while Germany SOAKS the Middle class.

When the net worth of the top 20% is 85.1% of the total, I'd say the rich ain't being soaked enough.

sociology.ucsc.edu/whorulesamerica/power/wealth.html

Merchants have no country. The mere spot they stand on does not constitute so strong an attachment as that from which they draw their gains. Thomas Jefferson

lucysmom  posted on  2011-02-01   12:29:18 ET  Reply   Trace   Private Reply  


#168. To: Godwinson (#165) (Edited)

Again, I am playing with you dummies because Germany was never socialist. She has always adhered to the 'social market' of Christian democracy - which is not 'socialism'.

I've been to Germany 25+ times on business. My mom was born in Germany. I still have an aunt who lives in Berlin.

I never said Germany was "socialist" in the way that the Soviet Union or even Sweden were. "Social market" is a euphemism for huge welfare state, not government ownership. Asian countries generally don't have welfare states. The ones that have any government welfare programs have tiny ones. I much prefer Asia as a place to work than Europe.

Now that Germany has cut corporate taxes and cut government spending, they have one HUGE problem left -- their hidebound labor markets which were created during the Nazi era. It takes about 2 years to get rid of a bad employee in Germany (I've had to do it, so I know). So, German companies also require employment contracts that require good employees to give SIX MONTHS notice to quit. It's a huge problem for creating and staffing new ventures. The major reason that there is any entrepreneurial activity in Germany at all, is that after reunification, the people in the East didn't have much of a choice.

The point for the U.S. is that Germany, Sweden and much of the rest of Europe are cutting back on their "social market" nonsense while the U.S. is running towards it. That's a problem for us.


Socialism is a philosophy of failure, the creed of ignorance, and the gospel of envy, its inherent virtue is the equal sharing of misery. -- Winston Churchill

jwpegler  posted on  2011-02-01   12:31:05 ET  Reply   Trace   Private Reply  


#169. To: jwpegler (#168)

The major reason that there is any entrepreneurial activity in Germany at all, is that after reunification, the people in the East didn't have much of a choice.

BS. Germany's economy is on fire.

"Keep Your Goddamn Government Hands Off My Medicare!" - Various Tea Party signs.

Godwinson  posted on  2011-02-01   12:36:47 ET  Reply   Trace   Private Reply  


#170. To: Godwinson (#169)

BS. Germany's economy is on fire.

LOL. You are such a simpleton. It's real hoot reading your narrow little views of the world.


Socialism is a philosophy of failure, the creed of ignorance, and the gospel of envy, its inherent virtue is the equal sharing of misery. -- Winston Churchill

jwpegler  posted on  2011-02-01   12:40:42 ET  Reply   Trace   Private Reply  


#171. To: jwpegler (#163)

Let's look at other corporate tax rates:

Sweden -- 28%; U.K. -- 28%; Italy -- 27%; South Korea - 27%; Finland - 26%; Netherlands - 25%; Austria - 25%; Denmark - 25%; Switzerland - 21%;

The U.S. needs to slice it's corporate tax rates in half.

Half or the statutory rate, or half of the effective rate of 25-27%.

Last week, Forbes magazine published what the top U.S. corporations paid in taxes last year. “Most egregious,” Forbes notes, is General Electric, which “generated $10.3 billion in pretax income, but ended up owing nothing to Uncle Sam. In fact, it recorded a tax benefit of $1.1 billion.”

thinkprogress.org/2010/04/06/exxon-tax/

What I think needs to be done is remove ALL subsidies and tax loopholes.

Merchants have no country. The mere spot they stand on does not constitute so strong an attachment as that from which they draw their gains. Thomas Jefferson

lucysmom  posted on  2011-02-01   12:41:48 ET  Reply   Trace   Private Reply  


#172. To: jwpegler (#170) (Edited)

http://www.businessweek.com/news/2010-11-23/german-exports-consumption- drove-economic-growth.html

German Exports, Consumption Drove Economic Growth ‘Golden Decade’

Unemployment fell below the three-million mark in October to the lowest in 18 years as companies stepped up hiring to meet foreign demand for goods including cars and machinery.

Continental AG, Europe’s second-biggest car-parts maker, this month raised its 2010 forecasts for the second time after the auto-industry recovery helped the manufacturer report its third consecutive quarterly profit.

“Looking ahead, the German economy is not only heading towards the best growth year since reunification, but is also at the beginning of what could become a golden decade,” said Brzeski. “Even the new sovereign debt woes and the Irish bailout should leave the German economy rather unharmed.”

Does the USA perform like this? Which system is superior? Long Live the Welfare State!

"Keep Your Goddamn Government Hands Off My Medicare!" - Various Tea Party signs.

Godwinson  posted on  2011-02-01   12:43:20 ET  Reply   Trace   Private Reply  


#173. To: lucysmom (#171) (Edited)

Half or the statutory rate, or half of the effective rate of 25- 27%.

Top marginal rate


Socialism is a philosophy of failure, the creed of ignorance, and the gospel of envy, its inherent virtue is the equal sharing of misery. -- Winston Churchill

jwpegler  posted on  2011-02-01   12:57:59 ET  Reply   Trace   Private Reply  


#174. To: jwpegler (#168)

Asian countries generally don't have welfare states. The ones that have any government welfare programs have tiny ones.

Hong Kong:

Don't believe the hype. The healthcare debate in the US is being jeopardized by right-wing extremists who yammer that universal health care is socialism.

Once again, they don't know what the hell they are talking about.

Universal health care is a hallmark of fiscal conservatism.

And the freest market economies of the world all have it.

www.apaforprogress.org/ho...care-reform-not-socialist

Merchants have no country. The mere spot they stand on does not constitute so strong an attachment as that from which they draw their gains. Thomas Jefferson

lucysmom  posted on  2011-02-01   13:02:38 ET  Reply   Trace   Private Reply  


#175. To: jwpegler (#173)

Top marginal rate

Does that mean you support progressive taxes?

Merchants have no country. The mere spot they stand on does not constitute so strong an attachment as that from which they draw their gains. Thomas Jefferson

lucysmom  posted on  2011-02-01   13:07:19 ET  Reply   Trace   Private Reply  


#176. To: Parrot with speed dial, Rudgear (#24)

Its rumored Zero is going to appear on National teleprompter sheeple vision and urge Congress to gungrab in the next weeks.

How many weeks?

Ibluafartsky  posted on  2011-02-09   18:44:13 ET  Reply   Trace   Private Reply  


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