Monday, April 4, 2016

Goldman Sachs Disease & Trump Taxes

This one has previously discussed how financial losses are not actually losses to Jenomic invaders; the nature of modern currencies--like borders, NBA charging rules, binary options restrictions, et cetera--is one of lossless parasitism, in which both the gain and loss of money is a real-assets gain for the parasites. From the 2008/2011 article:
The riddle...is: “Why do the elites do things that appear to harm the stock market, world finance, and the economy, thereby hurting themselves?” ...[I]f the Wall Street bankers are so clever and evil that they could come up with this entire scheme, why would they be so dumb as to blow apart the stock market in the process?

The answer is that it doesn’t really matter to them what the stock market says, or what their bank account says. They control all those numbers; they fabricated them in the first place, and anything substantial that they do is planned.

The real game is power and control. Money is just an expression of it. If a wealthy family sees its net worth “drop” from fifty million to twenty-five million, what is the change? Absolutely nothing...No matter how many “chips” of whatever “color” are in their pile, they get what really matters to them. No matter what. As long as their “numbers” stay above a certain range--fifteen million or whatever it is at any given level of “inflation”--they will always possess so much wealth that they can live the lives described above. Using the system of “numbers,” though, makes things seem fair to the masses, who will rationalize their own lack of “numbers” to explain their own lack of value. And so, in pursuit of numbers, they will be tricked into spending their lives working at things of actual value. They will produce the food that the elites eat, the services the elites consume, the children the elites date and buy, etc. And their numbers will always stay in an acceptable low range that qualifies them for “sustenance” and little else...
Donald Trump's tax platform is a great example of this. It proposes drastically lowering not only the individual tax rate--which would save millions a year for the very corporate elites fighting him--but also the corporate tax rate, which is theoretically what corporations want. Consider the George W. Bush presidency, when Bush considered lowering the corporate tax rate to become "more competitive internationally," and the corporations responded by throwing a gigantic staged fight, where some corporations encouraged outraged libertarians to support lower taxes and less government control, and other corporations encouraged outraged liberals to resist evil corporate overreach (I know I was supposed to say "Dumbya," "libertardian," and "faggots" back there, respectively, but you'll have to substitute those yourself if you want the sentence to flow more confrontationally). The battle was a success, in that most of the Outer Party got distracted and angry, hated each other, and concluded that corporations were both with them and against them--that Democrats and Republicans were rivals, that Arianna Huffington was essentially different than Rupert Murdoch, and other such banalities. One set of international financiers claimed to be driven to achieve these increased tax cuts, while another claimed that its megacorporate responsibilities demanded that it limit the power and freedom of corporations. The foulest of the foul financiers, as well as the secondarily-foul, were in lockstep behind Bush, as they pretended to be struggling with responsible leftist firms, like CNN and NPR, over whether or not the tax cuts would be given.

In 2016 comes a cackling plutocrat with an even more aggressive proposal than the one that caused Goldman Sachs Disease to go so violently, hundred-million-dollarly to bat. Trump's tax platform calls for giant cuts, such as:
All other Americans will get a simpler tax code with four brackets – 0%, 10%, 20% and 25% – instead of the current seven. This new tax code eliminates the marriage penalty and the Alternative Minimum Tax (AMT) while providing the lowest tax rate since before World War II.

No business of any size, from a Fortune 500 to a mom and pop shop to a freelancer living job to job, will pay more than 15% of their business income in taxes. This lower rate makes corporate inversions unnecessary by making America’s tax rate one of the best in the world.

No family will have to pay the death tax. You earned and saved that money for your family, not the government. You paid taxes on it when you earned it.
The eight-figure and nine-figure dynasties of the financial world should be orgasming over the lack of an estate tax, right? Obama's estate tax is 40% of assets above about $5.4 million, or just under $11 million per a couple, meaning that Dianne Feinstein should be saving her kids a dozen million dollars with this plan, once she dies. And the necromancers in New York should be salivating nonstop. If they don't care about their legacy, the 25% highest income bracket, rather than 39.6%, as well as Trump's suggestion of a dividend tax cut, and of course, the comparatively astronomical corporate cut, should have these people doing anything but donating a hundred million dollars to anyone who would continue taking so much more from them.

And yet, here we are. Now, there are compounding factors at play here. Yes, Goldman Sachs Disease and affiliated scum make a lot of money off their various border exploitation scams, but if you apply those tax breaks to the trillions of dollars of corporate, mutual fund, hedge fund, bond, etc.-income that they will earn over the course of a mere four-year Trump presidency, the profits to be gained from Trump--which would be given away entirely to Hillary or Cruz--are astronomical. Even accounting for the charity scam, the tax savings are huge, and the tax savings Trump proposes could be used in conjunction with existing charitable scams to allow exhumed filth like Warren Buffett to continue approaching "honorary Rothchild" status.

Despite all this, there's no corporate ruse of a fight to achieve these cuts. Instead, the corporations and super-wealthy individuals of the globe, from North American drug lords to North American politicians (sic), are practically unanimous in their attempt to stop themselves from getting giganormous tax refund checks. Goldman Sachs Disease, in particular, has thrown hundreds of millions of dollars at Jeb, Hillary, Cruz, etc. to join the NATO-zone Thoguht Ministry's media outlets' devotion of countless billions of dollars of airtime portraying themselves as faceless corporations and aloof elites who don't deserve tax cuts.

These wretched parasites keep their system alive on the premise--accepted by the blended proles on dumb faith, and by the Outer Party on hideous, masochistic mental gymnastics--that money means something. In observing their reactions to Trump's attempt to cut their taxes, we see the lie. What is important to them with regards to taxes is not that they pay less, but that others are kept at subsistence level. Goldman Sachs Disease and its clients will happily pay another few billion, so long as Juan the janitor sees his $343 a week cut to $296. The inability of Juan to set aside that extra $47 for ten years, and to start a small business or provide independently for his future, is worth those few billion imaginary dollars, for the process ensures that prices are always set at a level where Juan has no buffer, while the difference between some rich Forsaken's $34.3 million and $29.6 million is irrelevant.

Before we close, take the rare middle example again, too. The Outer Party family with $3.43 million, dropping to $2.96 million due to a stock market downturn, does have an impact. They weren't going to buy a private jet, anyway, but now they might not consider the risk of opening that restaurant. Instead, Cameron's going to have to take the GRE. Again from Chips in the Casino:
[T]hey need to protect the exclusivity of the parasite class. They need to guard the numbers game against the by-products of its own rules.

They do this by regularly “washing out” the rising middle class. Here is where inflation and financial crises come into play: by manipulating the game to cause periodic crises, those who have almost attained the heights of elite status can be knocked back down to the peasantry. Then the cycle can begin anew.
Ergo for a team of McDonald's investors it makes sense to see a $34.3M fund drop to $29.6M, if the same crisis causes a handful of Outer Party families to send their Camerons to business school in search of a corporate job. The $4.7M loss in portfolio value, besides being temporary, makes Cameron's family nervous about their long-term retirement prospects, so they aren't comfortable tossing $500K at a family restaurant. Cameron therefore can't start managing it and learning the ropes, fostering a family business and a community and roots and eventually inheriting the thriving business from his parents to pass on to his kids, and if he decides to work in someone else's restaurant, it's a $30K yearly job with no hope of a future, and it looks crappy on a resume. So he wastes 7 years and $300K getting to an MBA, then struggles to find a job.

The financial shock that prevented that restaurant being opened later rebounds--again irrelevant to the team of McDonald's investors--and because they spent a few years pretending that they "lost" a few million, countless competitors never appear in the marketplace, and all future potential competitors are warned that an economic shock can destroy anything they invest in. Their only safe choice is to become screwed-over junior partners in a mutual fund managed by their betters. Washout successful: Cameron gets on Xanax to handle his high-pressure insurance career, burns out in his forties, and scarcely has time to parent the one or two children he managed to have. Family restaurant unbuilt, everyone eats McDonald's, and the power McDonald's has over local, regional, and international economies remains profound and unchecked.

So too Juan. The $47 he could save each paycheck via a lower tax rate could offer him exponentially greater options, comparative to his lifestyle, than the corresponding amount could to Cameron's family. By keeping class limits firmly in place, the Forsaken ensure that, whatever their losses, they are always in the lead. Real value--food, land, power, entertainment, finished products--accrues to them, and the numbers can be fudged whenever their system accidentally allows a thrifty person to threaten independent power. Or worse: many, many thrifty people threatening to gain collective independent power. Removing all border-games from the equation, the vampires could still use their numbers to maintain their position. The low-tax component of his platform might actually be the most serious challenge Trump offers to the establishment, which might just be why they are talking so much about immigration, and saying so very, very little about a plan so seemingly more to their advantage than the Bush one, which they harped about dramatically for months on end.

5 comments:

  1. Donald Trump's tax platform is a great example of this. It proposes drastically lowering not only the individual tax rate--which would save millions a year for the very corporate elites fighting him--but also the corporate tax rate, which is theoretically what corporations want. Consider the George W. Bush presidency, when Bush considered lowering the corporate tax rate to become "more competitive internationally," and the corporations responded by throwing a gigantic staged fight, where some corporations encouraged outraged libertarians to support lower taxes and less government control, and other corporations encouraged outraged liberals to resist evil corporate overreach (I know I was supposed to say "Dumbya," "libertardian," and "faggots" back there, respectively, but you'll have to substitute those yourself if you want the sentence to flow more confrontationally). The battle was a success, in that most of the Outer Party got distracted and angry, hated each other, and concluded that corporations were both with them and against them--that Democrats and Republicans were rivals, that Arianna Huffington was essentially different than Rupert Murdoch, and other such banalities. One set of international financiers claimed to be driven to achieve these increased tax cuts, while another claimed that its megacorporate responsibilities demanded that it limit the power and freedom of corporations. The foulest of the foul financiers, as well as the secondarily-foul, were in lockstep behind Bush, as they pretended to be struggling with responsible leftist firms, like CNN and NPR, over whether or not the tax cuts would be given.

    How dare you say such things? Clearly they cannot be true; the sources I have relied upon for many years are reliable! That is why I have relied on them for so many years! And they, in their eternal wisdom, have assured me that all of the disputes are real and mainly continue because of incompetence, which we blithely ignore because after all, we're talking about politicians.

    Go Team!

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    1. It would be so cool to know if people like Bush and Obama were actually brilliant character-actors pretending to be idiotic teleprompter-readers, or, conversely, if they really were idiotic teleprompter-readers. The latter is more likely, but it's a pity that history will probably never tell us for certain.

      (Maybe Lucifer later tells you over a game of blackjack.)

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    2. Considering that the only professional among them is still widely regarded as the pinnacle, I'd say it's the latter.

      The alternative is kind of scary; they'd have to know not to give a better show than that of the one everyone knew to be an actor, but still make it look like they're doing their best to be presidential. That's some Norton-esque shit, but at least then they'd be difficult to work with.

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  2. That's the difference, isn't it. If everyone has enough, infinite money suddenly doesn't equal infinite power anymore. You can still buy things, but no longer people.

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    Replies
    1. Yeah, and people with complete food and shelter security are much less interested in status-signaling crap. Kind of ironic.

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