Re: Ted Rall Subscription Service (fwd)

[Robert <http://dummy.us.eu.org/robert>]

 > From: Flora <http://www..family/~flora>
 > Date: Mon, 29 Jul 2019 05:24:01 -0400
 >
 > I understand his point, but don't necessarily agree with everything he
 > says. For one thing, I don't think a 1% interest rate on credit cards is a
 > valid part of the solution. I would rather see a higher interest rate on
 > savings accounts and no penalty for having accumulated savings when
 > applying for federal and state programs. I would rather encourage savings
 > instead of debt.

I see your point.  (Incidentally, not taxing savings as income up to some
amount would help with that.)

However, I think even Ted's vision is rather limited.  There should just
be a "maximum wage".  Everything over this amount, say $350,000, should
just go directly to the government.  (See
https://www.dailykos.com/stories/2013/2/24/1189512/-FDR-s-Proposed-Marginal-Tax-Rate-Was-100 .)
There would be plenty of money for all sorts of programs, including
quality senior care and paying off the national debt.

The other obvious thing is that the military budget should be drastically
reduced.  Closing all non-domestic United State military bases would be a
good first start.  (Most of the moneys being spent on the military should
be redirected to fight the global climate crisis, but that's a separate
issue from the discussion about senior care.)

 > On Mon, Jul 29, 2019, 1:04 AM Noelle <http://dummy.us.eu.org/noelleg> wrote:
 > > interesting column about "right to a secure retirement"
 > >
 > > ---------- Forwarded message ----------
 > > From: Ted <http://www.send.mailchimpapp.com/~tedrall.aol.com>
 > > To: <http://dummy.us.eu.org/noelleg>
 > > Date: Sun, 28 Jul 2019 16:50:15 +0000
 > > Subject: Ted Rall Subscription Service
 > >
 > > *The Ted Rall Subscription Service*
 > > *Thank you for supporting independent political commentary*
 > >
 > > *Here is this week's column. Thanks for subscribing to the Ted Rall
 > > Subscription Service.*