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Sancho

(9,206 posts)
12. Here's a few...got to go to work now, but this should do...
Mon Aug 24, 2015, 08:02 AM
Aug 2015

Bernie has supported the military establishment more than I would like. He was often criticized on socialist and green websites. My observation (and discussions with buds from Norway and Finland) see a different level of support or goals for the military. Scandinavians are very tired of "invasions" so they would not put hundreds of military bases everywhere. Pretty much defensive only. https://en.wikipedia.org/wiki/Scandinavian_defence_union

http://readersupportednews.org/opinion2/277-75/24583-bernie-sanders-doubles-down-on-f-35-support-days-after-runway-explosio
http://www.counterpunch.org/2011/09/30/the-myth-of-bernie-sanders/
http://socialistworker.org/2012/08/09/vermont-says-no-to-the-f35
http://socraticgadfly.blogspot.com/2015/02/hypocrisy-alert-bernie-sanders-wanting.html
http://muckraker-gg.blogspot.com/2013/11/how-lockheed-and-sandia-came-to-vermont.html
http://www.libertyunionparty.org/?page_id=363
http://gui.afsc.org/birddog/bernie-sanders-calls-out-defense-contractors-and-lobbyists
https://thewordsmithcollection.wordpress.com/2015/04/30/bernie-sanders-supports-the-right-wing-war-lobby/

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Bernie's Robin Hood tax is bad for union and public employee retirement funds. This is one reason some unions like FEA/AFT have not endorsed him. His way to pay for education is ultimately paid for by taxing many regular state pensions. You'd have to study this a bit to see how it works, but Hillary's plan is better. Here in FL there are 200 billion in state employee funds that would be taxed by the Bernie tax. Besides the way he pays for education, Bernie suggests controls for education that seem different than Scandinavia.

http://www.sanders.senate.gov/download/collegeforallsummary/
http://www.thedailybeast.com/articles/2015/05/31/why-free-college-is-really-expensive.html
http://www.dailykos.com/story/2015/05/29/1388484/-Bernie-Sanders-big-idea-has-a-math-problem#
https://www.reddit.com/r/PoliticalDiscussion/comments/36vmm8/what_are_some_legitimate_arguments_against_bernie/
http://chronicle.com/article/Bernie-Sanderss-Charming/231387?cid=megamenu
http://www.sbafla.com/fsb/
http://www.thefiscaltimes.com/2015/07/08/Pros-and-Cons-Bernie-Sanders-50-Billion-Tax-Idea
http://www.taxpolicycenter.org/UploadedPDF/2000287-Financial-Transaction-Taxes-in-Theory-and-Practice.pdf
http://www.forbes.com/sites/timworstall/2015/07/22/bernie-sanders-doesnt-have-a-case-for-a-financial-transactions-tax-it-would-lose-money/
http://www.nytimes.com/2015/07/22/opinion/the-case-for-a-tax-on-financial-transactions.html?_r=0

One example:

Apparently (according to a tax lawyer who was running around one of the earlier threads), there was no exception for 401k's, meaning that every time the mutual funds in your retirement fund rebalance, which should be a few times a year, you're paying a tax and losing money from your retirement.

Edit: just used the calculator found here to calculate the costs of 0.5% over 40 years assuming you were investing just $5500/year (the max allowable to an IRA). Using these assumptions, this tax would cost you, the average investor, $157,000 over the 40 years you're investing. This is money that I'm sure you'd prefer going towards your retirement.

Note: this isn't 100% accurate as I'm treating this as an addition to the expense ratio which isn't totally correct, but it's a ballpark figure to give the tax some context


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Bernie seems similar to Scandinavia's views on immigration (a little restrictive), but he has not addressed the issue of tuition fees for non-citizens. Even in Scandinavia this is getting some attention [ http://www.studyinfinland.fi/tuition_and_scholarships/tuition_fees/recent_news ]. For example, and I realize it's not completely Bernie's choice, Vermont is a state that does NOT have tuition equity for colleges for immigrants. In NY and Maryland, for example, an "undocumented" immigrant brought to the US as a child would likely grow up and pay in state tuition. In Vermont, they would pay "out of state" or "international" tuition. Hillary and Martin have advocated for those equity laws. I can get you links if you want, but Bernie has been silent at the minimum on that issue, even while advocating for "free tuition". That's something that the 25% in Fl born outside of the US have noticed.

One issue is the path-to-citizenship that Hillary and others have advocated for a while. The other is social justice for those in the US already and undocumented. Again, Bernie picks and chooses. He is for free tuition, but to have social justice there would need to be a strong position on getting citizenship (so tuition is free) or else allowing an undocumented person brought to the US as a child who grew up here to get an education without documentation while policies are sorted out. There may be as many as 30 million "Americans" in this boat (pun intended). Certainly, the low estimates are 10 million. No one knows.

Recommendations

0 members have recommended this reply (displayed in chronological order):

Good OP. One nitpick: Bernie has never advocated for an economic revolution, but a political one. Scuba Aug 2015 #1
good catch!! gobears10 Aug 2015 #2
Great OP. You nailed it. mmonk Aug 2015 #3
That seems a good explanation muriel_volestrangler Aug 2015 #4
Most of the current GOP are technically safeinOhio Aug 2015 #5
+1 mmonk Aug 2015 #6
Now, all you have to do is explain that "technical difference" to the voters... brooklynite Aug 2015 #7
I don't know about him, but I don't want to explain it to voters. Erich Bloodaxe BSN Aug 2015 #10
And that's the key, and do it with multiple videos of him out there saying he is a Socialist or stevenleser Aug 2015 #26
I'm guilty myself, although it's part of a deliberate attempt Erich Bloodaxe BSN Aug 2015 #8
The overlap with Socialism, Scandinavia, and Bernie is one he chooses and rejects conveniently. Sancho Aug 2015 #9
What other social issues 'like' gun control? Erich Bloodaxe BSN Aug 2015 #11
Here's a few...got to go to work now, but this should do... Sancho Aug 2015 #12
Oddly, National Nurses Union endorsed him largely based on the Robin Hood tax. Erich Bloodaxe BSN Aug 2015 #13
Maybe their retirement is not invested in state funds? Sancho Aug 2015 #38
Meh - the UK currently has a 0.5% transaction tax on stock purchases muriel_volestrangler Aug 2015 #17
Yes, I'm a member...and our local state analysis shows the tax would hurt retirees here. Sancho Aug 2015 #37
It looks to me like unions support it muriel_volestrangler Aug 2015 #40
There may be some differences across states and unions. Sancho Aug 2015 #42
Sanders has specified that he is a Demcoratic Socialist. I take him at his word. merrily Aug 2015 #14
he's incorrect in his usage gobears10 Aug 2015 #15
I am not so sure of that, as to the USA merrily Aug 2015 #16
The DSA is the point: muriel_volestrangler Aug 2015 #18
Believing in collectives and cooperatives does not equal believing goverment should seize merrily Aug 2015 #20
From the OP: muriel_volestrangler Aug 2015 #22
That is not the definition of socialism, though. merrily Aug 2015 #23
And all of that is fine, but a lot of people in the U.S. Starry Messenger Aug 2015 #19
And that is why fixating on labels is counter-productive. merrily Aug 2015 #21
Our generation sure (or maybe our parents) - TBF Aug 2015 #24
Millennials are definitely less redphobic. Starry Messenger Aug 2015 #25
But not by enough that it is likely to matter. Only 69% of 18-29's willing to consider voting for stevenleser Aug 2015 #27
Yeah, I've sent that poll to some of the optimists in my organization too. Starry Messenger Aug 2015 #30
Agreed. As I said in my above comment to Brooklynite, you aren't going to be able to fight stevenleser Aug 2015 #28
Especially when a large part of the population already thinks President Obama Starry Messenger Aug 2015 #31
Agree that "social democrat" is the more applicable term. DirkGently Aug 2015 #29
what about the post office banks Mrs. Warren mentioned a couple years ago? Sunlei Aug 2015 #33
That was an interesting proposition. DirkGently Aug 2015 #34
or at least allow some new banks to open to give competition to the big 4? who control the USA Sunlei Aug 2015 #39
Sanders has been a sitting Senator for decades. He must have done something right to be so beloved. Sunlei Aug 2015 #32
Would you say the same for Strom Thurmond? brooklynite Aug 2015 #35
He was loved by the 'slavery system' voters, doesn't his son sit on the 'for profit' prison corp Sunlei Aug 2015 #36
That's a good point... Sancho Aug 2015 #41
a lot of people... gobears10 Aug 2015 #43
He's got my vote. Iggo Aug 2015 #44
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