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Old October 21st, 2010, 01:08 PM   #1

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FDR's Second Bill of Rights


Yea or Nay?

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Old October 21st, 2010, 02:57 PM   #2

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Re: FDR's Second Bill of Rights


He dared say all that while Japanese-Americans were being held unlawfully and unjustly against their will in armed guarded camps and the US military was segregated? Grand cloud ideas, but then as now, how was all this going to be paid for and implemented?
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Old October 21st, 2010, 09:56 PM   #3

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Re: FDR's Second Bill of Rights


A very firm Yea.
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Old October 22nd, 2010, 02:13 AM   #4

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Re: FDR's Second Bill of Rights


Yeah.
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Old October 22nd, 2010, 02:14 AM   #5

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Re: FDR's Second Bill of Rights


Quote:
how was all this going to be paid for and implemented?
Simple answer: 90% income tax rates on the wealthiest brackets, and an estate tax that actually had some muscle. Which we had back then.

There can be little doubt that FDR's Economic Bill of Rights was one of the three single most important political documents in American history, up there with Thomas Jefferson's Declaration of Independence and Abraham Lincoln's Gettysburg Address, and I personally would rate it as being the greatest of the three.

It presented a liberal vision that resonated around the world - wittness the numerous countries that implemented great parts of Roosevelt's vision, while ironically it would be his own country that would do the poorest job at actually fulfilling his promise. We're still working on it.
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Old October 22nd, 2010, 03:21 AM   #6

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Re: FDR's Second Bill of Rights


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Originally Posted by DIVUS IVLIVS View Post
There can be little doubt that FDR's Economic Bill of Rights was one of the three single most important political documents in American history, up there with Thomas Jefferson's Declaration of Independence and Abraham Lincoln's Gettysburg Address, and I personally would rate it as being the greatest of the three.
Call me crazy for thinking outside the box, but I would think the US Constitution, the 13th, 14th, 19th and especially the 22nd Amendments would just be a litttttle more important.
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Old October 22nd, 2010, 03:45 AM   #7

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Re: FDR's Second Bill of Rights


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Call me crazy for thinking outside the box, but I would think the US Constitution, the 13th, 14th, 19th and especially the 22nd Amendments would just be a litttttle more important.
Allow me to clarify: the Constitution and the amendments to it are legal documents that form the basis of the system of law in the United States. The Declaration of Independence, the Gettysburg Address, and the Second Bill of Rights are political documents that have no effective standing in the law, but are important nonetheless through their enshrinement of certain values and the influence that they wield therefore. The Declaration of Independence after all is widely credited with setting the tone for the entire Revolution, and remains to this day a common touchstone of morality for many, drawn upon over the years by statesmen seeking inspiration in the very foundations of the nation. Lincoln's Gettysburg Address was on the surface little more than a short but moving speech given to commemorate a battle - yet it has been recognized as one of the most powerful and eloquent articulations of the principles of the American Republic and a lens through which Lincoln focused his own vision for the nation, which would reshape the country, and it is argued, even provide a reinterpretation of the constitution. FDR's Economic Bill of Rights was no less important than these. It was a powerful expression of the liberal ideals that defined American history from the 1930s, influencing the course of the nation to an extent unrivalled by any other President, which effectively served to create the America that we live in today, and whose influence was felt far outside our own borders.
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Old October 22nd, 2010, 05:25 AM   #8

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Re: FDR's Second Bill of Rights


Using your own unique formula for what is or isn't a legal-political document, how would you weigh Dr. King's "I Have a Dream" speech?
Would you say FDR's wishful thinking words were more important than King's?
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Old October 22nd, 2010, 06:32 AM   #9
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Re: FDR's Second Bill of Rights


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Originally Posted by DIVUS IVLIVS View Post
Simple answer: 90% income tax rates on the wealthiest brackets, and an estate tax that actually had some muscle. Which we had back then.

There can be little doubt that FDR's Economic Bill of Rights was one of the three single most important political documents in American history, up there with Thomas Jefferson's Declaration of Independence and Abraham Lincoln's Gettysburg Address, and I personally would rate it as being the greatest of the three.

It presented a liberal vision that resonated around the world - wittness the numerous countries that implemented great parts of Roosevelt's vision, while ironically it would be his own country that would do the poorest job at actually fulfilling his promise. We're still working on it.
You consider government confiscating 90% of ones earnings as fair? That is nothing but a vote buying shakedown of those that create the jobs in this society. Its class warfare, pure and simple. The thought that a group of social engineering bureaucrats considers anothers earnings as the property of the government repulses me. The idea that government bureaucrats think they can spend my money better than I is a joke. Government consists primarily of career civil servants, that never had to meet a payroll, never created a job, don't need to be creative to stay in business, etc, etc, and you want this group of clowns to confiscate the wealth of those that do create 70% of the jobs, expand the wealth etc, to give 90% of what they earn to Government? Thats nuts. Where is the incentive to expand business, hire new people, even keep their business and production in this country?

40%+ don't pay income taxes and 10% pay 70% of the taxes. Thats not enough? We don't have a revenue problem in this country, we have a spending problem. Look at Europe, rioting in France because the retirement age is moving to 62 years, look at Greece, Britain etc. The governments have made too many unsustainable promises to their citizens. We are headed off the same cliff, check out the actuarial projections in union, both public and private, pension plans. Those promises cannot be met. Government needs to be reduced and spending with it, not increased.

Finally, a person works his/her entire life to build an estate, something to make life better for their kids, and you think a persons lifetime work should be the property of the government. Incredible
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Old October 22nd, 2010, 06:44 AM   #10

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Re: FDR's Second Bill of Rights


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Originally Posted by murphy View Post
You consider government confiscating 90% of ones earnings as fair?
That's not how marginal tax rates work.

Marginal tax rates are not average tax rates, they are rates past a certain dollar, or on the last dollar.

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