michael-tully.newsvine.com - You have it all wrong

Latest Comments

We're overspending, and we may be in denial about it
Thu May 17, 2012
- I live debt free, with exception to my mortgage.
Own an Irish island for less than $1 million
Fri May 4, 2012
- Eve Tahmincioglu is most likely employed because of her extra services she provides her boss an not her writing skills.
Buffett rule debate about fairness, not federal deficit
Mon Apr 16, 2012
- Grover what you are missing in Teo's point is that the resturant is the government. The food is the governement services and entitlements. So the bottoom four are actually eating the lobster and the 1% is eating the saltines.
Bank of America renter program could help its bottom line
Fri Mar 23, 2012
- This was my idea from the start. thou I first proposed it to Fannie mae. Win win for everyone. The house never ends up on the market pulling other house prices down. The person gets to stay in the home for a lower monthly fee. The bank does not have this house sitting empty for sale.
IRS expanding program to help unemployed who owe taxes
Thu Mar 8, 2012
- if you are not working what taxes do you pay?
It's Leap Day! You may be working for free
Wed Feb 29, 2012
- I get paid bi-weekly so I get paid the same. But if you are paid monthly or bimonthly feburary even in Leap year has less days than other months so you are getting more money per day regardless of Leap year or not.
Canned salmon, frozen berries: The real-life impact of a payroll tax increase
Wed Dec 14, 2011
- We need to raise taxes not cut them. Unless we come up with true government cuts there should be no tax cuts.
Flippers' housing bust role larger than thought
Mon Dec 12, 2011
- But lets say I am insurance and I tell you the bank I will insure your loan if your friend pays fees. If he stops paying you back I will give you 20% of that 50K plus you keep his property plus what he paid to date? Let me know if you would make that deal?
New York University to offer classes on Occupy Wall Street movement
Fri Dec 9, 2011
- The course is really about government debt. has nothing to do with the Occupy movement. Just a catch phase to get people to take the course.
We are the median: Living on $50,000 a year
Mon Dec 5, 2011
- I live in NJ. Each state should be look at differently.

Recent Votes

Own an Irish island for less than $1 million
Its name is lyrical and its price tag... For less than half the price of an Aston-Martin One-77, you can buy your own private island in Northern Ireland. Inisliroo Island is located on Lough Erne lake in County Fermanagh, and it’s priced to move at about $970,000 …
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Buffett rule debate about fairness, not federal deficit
It's almost tax day, which means that most people have by now seen just exactly how much of our hard-earned money will being going to Uncle Sam this year. You might have noticed that we’re also hearing a lot more about the so-called Buffett rule. The White House has been m …
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Bank of America renter program could help its bottom line
What do you do if you own more foreclosed homes than you know what to do with —and there are more on the way? In Bank of America's case, you might want to become a landlord. The San Francisco-based lender said Thursday it's going to try out the idea of offering homeowners …
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IRS expanding program to help unemployed who owe taxes
The Internal Revenue Service has announced plans to help people who are struggling to pay their taxes because of a job loss or big drop in income. The new offerings are an expansion of an initiative, called “Fresh Start,” that dates to 2008.
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It's Leap Day! You may be working for free
If you’re a salaried employee and you’re slaving away at work today, you may be working for free. Leap years present an odd compensation dilemma for employees who don’t get paid on an hourly basis.
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Comments & Feedback

To paraphrase Margaret Thatcher, The problem with socialism is that eventually you run out of other peoples money...
— President Galt

JOBS? America's workers need to organize and unionize like the old days. Well, not so long ago. You remember? Dad worked, mom stayed home. Now we have millions of kids raised by grandparents or no one. Their futures are bleak in this plutocracy. My prediction personal security will triple. Crime accordingly will keep rising. This is all going to have to change. Sorry our forefathers did not want a plutocracy and oligarchy for our country like a lot accept here today.

Democratic Socialists believe that both the economy and society should be run democratically—to meet public needs, not to make profits for a few. To achieve a more just society, many structures of our government and economy must be radically transformed through greater economic and social democracy so that ordinary Americans can participate in the many decisions that affect our lives.

Human need, not corporate greed

Socialism is based on the idea that we should use the vast resources of society to meet people's needs.

It seems so obvious--if people are hungry, they should be fed; if people are homeless, we should build homes for them; if people are sick, the best medical care should be available to them. A socialist society would take the immense wealth of the rich and use it to meet the basic needs of all society. The money wasted on weapons could be used to end poverty, homelessness, and all other forms of scarcity.

There's no blueprint for what a socialist society will look like. That will be determined by the generations to come who are living in one. But it seems obvious that such a society would guarantee every person enough to eat and a sturdy roof over their heads. The education system would be made free--and reorganized so that every child's ability is encouraged. Health care would be made free and accessible to all, as would all utilities like gas and electricity. Public transportation would also be made free--and more practical and efficient. All of these basic needs would become top priorities.

A socialist society would not only take away the existing wealth of the ruling class, but also its economic control over the world. The means of production--the factories, offices, mines, and so on--would be owned by all of society. Under the current system, important economic decisions are left to the chaos of the free market and to the blind competition of capitalists scrambling for profits. Under socialism, the majority of people would plan democratically what to do and how do it.
— urlemmings