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Kim O\x27Brien
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Comments by "Kim O\x27Brien" (@kimobrien.) on "CNBC" channel.
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@shopliftingshame8828 The rich should pay 100% tax on profits tax before anyone else pays a penny in taxes. Biden is a tool of big business and Sanders was a traitor to the working class when he voted for the Afghanistan war.
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Fook Yuu They are Imperialist countries without the military expenses of the American Imperialist they are able to buy off a section of the working class with a few reforms issued with the end of WW2 in the Western countries destroyed in the 2nd World Imperialist war. Rebuilt with US Marshal Plan loans. They are part of the world market and the capitalist classes have been unable to escape the Imperialist stage of market competition instead it has only intensified since the end of the Cold War and the crisis of 2008 and now the Covid Crisis.
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@macq1 The industrial workers produce surplue value so they should be paying no tax on their wages neither should anyone at that income level and then the profits should be taken first and spend on the overhead social costs of education and healthcare. Since Imperialist military adventures are unnecessary than all that productive capacity can be redirected into production for human needs of the people in the colonial countries to help them develop their nations instead of destroying them in the intestes of profit and foreign investors.
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@simonrobert869 Bosses seek to pay the lowest wages, work you the longest hours and at the fastest pace to make the biggest profits. The solution is to stick together and join unions to fight back against the bosses.
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@hudsonh3985 Bosses often create their own problems by refusing to maintain infrastructure so they can campaign on having a surplus in the budget. Next thing you know potholes and boil water notices are going out. They close down highway rest areas because the don't maintain them then they say they need to do a study on reopening with limited services or permanent closure. Meantime trucks have serous parking issues and if they kept up with maintenance to begin with they never would have needed a study or a closure. Then you have bosses wondering why everyone is getting off the Interstate at private rest stops that provide showers, parking, a hot meal and creature comforts.
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The happen because of the drive for profits over all else. To drive profit their way the bosses must cut labor time yet because the capital value keeps rising the rate of profit keeps dropping as the amount of labor that can be exploited becomes less. This is why the bosses let industry go into decline and once it becomes to much of a problem for the capitalist system itself than the bosses go hat in hand for a bailout from the government. This is why on international scale railroads have to be nationalized because the market capitalist system doesn't work for highly capitalised industries.
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@donaldduck2986 What he's talking about is workers being classified as independent contractors. There was a time before the 1099 form that the IRS was told to take a hike when they wanted to tax those who made a living doing casual labor. By paying you as an independent contractor and issuing you a 1099 form the companies avoid having to pay payroll taxes and the minimum wage. You are then responsible for a tax of over 15% for Social Security and medicare and that's before any additional federal income tax.
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@maxwalsh234 No its people like you who are the ones pretending that capitalist Democrats are the saviors of mankind. Trump points out your hypocrisy and you go wild.
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@maxwalsh234 Queen Hillary was the candidate of indigestible promises by.coal bosses and steel magnates alike. People like Warren Buffet who brags about paying less taxes than his serrate and wanys bigger profots from BNSF. Jeff Bezos owner of the Washington Post and Amazon.
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Banker and Bosses are interested in maximizing profits for themselves. They want us working the longest hours for the lowest wages at the fastest pace. Only by joining unions and fighting back in a collective manner can we change things. The bosses give up nothing without a struggle against them. Theses experts are about as valuable as an old worn out pair of shoes.
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@andrewferrauiolo4618 Abolish private property, the property used to exploit others. Make having a family again possible say no to Warren Buffet who brags about paying less taxes than his secretary and the BNSF Better Not Start a Family type bosses.
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@michaelb247 Capitalist Democracy just like Ancient Athens was a Democracy for the slaveholders.
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@maniswil2 The railroad bosses are no different than any other companies bosses they want the production workers working the longest hours for the lowest pay. They want ti convince you that your part of the company like Warren Buffet who owns the BNSF. He sits in an office all day bragging about paying less taxes than his Secretary and he wants you to fire you because you don't meet his point system requirements by coming to work with 2 hours notice when ever they decided you are needed. He drives a 9-5 'desk where safe operation of desk drawers and paper cuts from improper handling of the Wall Street Journal are the safety issues for a few billion a year while you drive a train with a 100 cars down tracks at 70 miles an hour with no sleep and a conductor in the same condition. Buffets solution? Get rid of the conductor and pay the Engineer a few more dollars.
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@indsov2010 Typical company loyalist crying about unfair his life was. After all no one was willing to work for less than he did.
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@joebloe1401 Thats because getting a computer to preform the tasks of a driver is not as easy as the who say it can be done. Many things can happen that a driver will recognize right away that even the best computer programs can't. Artificial Intelligence is just a long held myth. Road signs are placed to continual train drivers in how to drive they can't readily train a computer in the same way. They would need to erect all kinds of electronic systems to communicative with the self driving truck.
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As long as you have capitalism you will have poverty.
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@jasonborne5724 That's right they are coming in to replace the cheap labor that can't afford to reproduce itself. That's one of the reason they are ending abortion for the poor also. The fertility rate in advanced capitalist societies is below population replacement. Without immigration or a major change in culture they will not have enough young to take care of the elderly.
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All i've got to say is if you need instructions on how to make a copy of your company computer in the cloud or on a new hard drive you can't be much of an engineer. You can go to a public library get an anonymous internet connection and send the whole thing to China lickity split. Now of course the FBI and CIA will start spying on public libraries again hoping to catch more spies.
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Thats because Washington just prints money on command of the biggest banks. By increasing the money supply they increase proprty values while crushing wages. The solution join unions and use the strike weapon against the bosses. Make evry job a union job and demnd that the government fud a real public works program building things we need instead handouts to the too big too fail.
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@citrustaco The cause is capitalism where bosses seek to maximize profits above all else.
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@jeffbguarino No because the owner of industry only produce for a profit so once the capital value rises and the labor need to produce goes down they just let the industry go into decline and demand bailouts. They demand profits for the value they already have. This is why they produce such economic chaos. If you like you can read Das Kapital where Marx explains how the logic of capitalism leads to its own decline. Capitalism is based in the nation state and theses greedy ruling class go to war over profits. Trump already initialed trade war with China. Biden is continuing the policy. The ruling classes always talk about how they are saving the nation. A friend gets food poisoning so now Cuba is condemned. Canadian business did me wrong once should I condemn the whole Canadian nation over one bad experience? For every three US Doctors who retire one is replaced by an immigrant.
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@Starfish2145 Regulations written by the bosses two parties are meant to defend profits not ha;t inflation. Only by organizing into unions amd an new independent labor party can change be made.
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@wrestlerx8494 The actual size of the propertied capitalist ruling class is small but it needs all these paid shills to explain how much its costing the bosses to keep you impoverished. The need to present poverty as an unsolvable problem based upon money. While the real reason we have ppverty is the bosses refuse to use all the industrial capcity because if they were to do so then the profit rates by which they measure success would go down. They talk all day about how then need an incentive before they get out of bed in the morning but the hang on to every penny like it is the last they will ever see.
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@mitchellgarrett5124 Like every other business a Gates is in it for the money he wants a pace of every dollar that passes by his nose. He of course will claim I'm only taking a few pennies. These blood suckers insert themselves into everything sucking everything dry until a big business collapse occurs like 2008.
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@steeldriver5338 Since 1973 all the new productivity has been going into the bosses pockets.
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@marilynmonheaux Any increase in productivity only increases the power of the production workers.
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@Robbedem The capitalist are driven by the need to profit and that's why they let every industry to either go into decline or replace it with another one. Hundreds of railroad miles have been abandoned and replaced with trucking because capitalist can make profits on trucks and building highways while getting government to pay for all the roads and bridges with a tax on diesel and gas. They then let the highway system decline because they want to cut taxes and invest in new ways to cut costs which is the road to bigger profits. They have decided that Elon Musk is a genius at making profits so they just finished sending up a rocket and star ship into space and it blew up. They then cheered because Musk says he needs to break things first. So while the destroy the earth in the interests of profits they promise to go elsewhere to do more of the same only better.
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@jeffreysnyder290 That's why we say the workers need to take control of industry with our unions and run it for human needs and create a labor party to take government out of capitalist hands.
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user-lb8ju6vm9p The bosses drive to automate has the problem of a declining rate of profit by which the bosses judge success. The accountants are the ones who deliver the bad news. "Boss our capital value rises with every new machine we buy but our total labor from which we derive our profits keeps going down." "We cut labor costs and our machines break down." "We pay to have them fixed and we lose our profit." "Boss what do you want?" "To ask for another bailout or subsidy." Call treasury and have them print more money.
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@republicansthatdidntvotefo1605 It's corruption legal and illegal that keeps them going. It doesn't matter who wins an election when they fund the candidates of both parties.
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death to socialism Is Finland not a capitalist country? Why would the capitalist NOT want to shift the tax burden to the working class. Only a fool believes the Social Democratic lie that capitalism can become socialism by changing the name of everything. The Social Democrats say let me run the capitalist state for the capitalist and I will give you socialism presto chango.
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death to socialism The Social Democrats and Stalinist agree that capitalism can be made to work for the benefit of all. They tell the workers you need to share costs with the capitalist. I argued about this win another Finn he tells me that capital produces. I told him wealth can only be generated by labor he insists otherwise. What do you think and why.
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@saikou1490 The big profits are in moving huge amounts of freight not a few passengers who would obstruct freight movements.
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@notthatdonald1385 They can't do that without laying the political groundwork as to why they can't use their billions in profits for the investment.They would face public hearings where the railroad workers would demand to be heard though their unions. The unions would question the reductions in crew sizes and the running of longer trains with no crew members in the rear.
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@J Idowu Nice to know that you have reached the economic understanding attained by the citizens of the Roman Empire using salt and coins as money. Did the have movable type back then so a scholar such as yourself could impart your economic wisdom?
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@stephenmartin5766 You will be impacted by the class struggle one way or another because capitalism can't help but have economic recessions, depressions and wars no matter how much you love your job. No matter what Trump or the conservatives of both parties call it. We already have a social democratic regime in the US just like the Nordic Counties Regimes. Bernie Sanders wants more Social Democracy the Conservatives want less. World Stalinism at its very center, the Moscow regime in the Soviet Union, collapsed because any kind of workers democracy ended with the 1936 to 1938 Great Purge trials of the old Bolsheviks. Something else also happened no longer can the Stalinist pose as communists with their rotten methods and backward thinking. You don't get to socialism by shutting working people up, carrying out a socialism in one country policy or giving greater and more privileges to party officials.
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@J Idowu Why is it that people such as yourself feel the need to lecture socialist about money and simple trade? I live in the US, I've had more than one job, do the grocery shopping, fix what I can to save the cost of the maytag repairman. Yet somehow people such as yourself feel the need to lecture about money, barter, trade and theft. I also ran a paper route when I was about 14 to 16 years old. I have never taken a college course on business or economics. One only needs to read and be able to do simple arithmetic to gain a simple insight as to how a business works in " Introduction to Karl Marx’s Wage Labour and Capital" By Fredrick Engles. You only need to google it and read it for free. Its about 25 paragraphs long.
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@luigidaniele6613 and Skylancer727 Basically when you reach Jeff Bezo's level taxes are voluntary. You hire Accountants, Lawyers, and Lobbyist to get what you feel you should pay in taxes. To do this you use all kinds of creative accounting methods like I was paid for doing this job but I'm a philanthropist so I shouldn't pay taxes because government is evil. These guys have a legal way to make and use as many loopholes as needed.
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@luigidaniele6613 "it's part of the tax system not a loophole." Exactly the bosses write themselves the tax laws they want because they buy the politicians loyalty with campaign contributions. It is what's called legal corruption. You don't have to be a genius to realize what's going on.
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@1bc003 Who will fill the boxes without the box fillers?
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Show me where and how Marx, Engles, Lenin, Trotsky, Fidel Castro, Che Guevara acted like corrupt businessmen. You problem is capitalism has turned you into a cynic who fears any kind of fight with the corrupt businessmen. You think Cuba is educating doctors for the foreign exchange? A corrupt businessman can not believe otherwise so in order to clamp down on the corruption and deny profits to competitors that corrupt businessman secretary of state Pompao says they will deny visa's to all Cuban doctors. This is just another example of something that is unexplainable to those who drink the Kool aide.
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@dswarriors Taxing is not a solution because what Peter gives to Paul goes back to Paul again. For corporations taxes are voluntary anyway. If you want to slow automation short of a socialist revolution. Where you build what is needed instead of what is profitable. Then you must strike at profits because then that slows investment in new machinery. You do that with unions willing to fight for higher wages. The capitalist can't simply raise prices which is why they fight so hard against any wage increases.
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As far as automation goes a fundamental law of capitalism is profits flow to those companies and branches of industry that can cut labor time and cut wages. They must keep cutting labor time or wages otherwise prices will on average drop to production costs with no profits. The reason that few companies cut wages they way the did years ago is inflation does the dirty work. With the introduction of the Central bank by playing with interest rates and making talk about inflation a self fulfilling prophecy occurs. Bosses raising prices means real wages are cut through inflation. Every boss tells his workers we are raising the price to give you a raise. (Anytime you hear a boss talking about giving you anything hold onto your wallet). Next thing you know the grocery store prices just went up. You boss then blames it on other companies not doing well and lazy union workers. The reality is all the capitalists as a class are responsible for the way the system works and robs us everyday.
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@dswarriors Here's my argument as to why the federal income tax is voluntary assessment. The Federal Income tax began with the 16th Amendment than the tax was enacted. To get the 16th amendment passed when its use was not for any federal social welfare and incomes of less than $4,000 went untaxed the rich and the corporations must have wanted it just like the creation of the Federal Reserve Bank. How else could they have gotten the supermajority to pass the 16th amendment? Fast forward today most of us realize that the Congress, Courts and President do the bidding of campaign donors. Actually it's always been this way at least for sometime since the civil war. Lobbyist bring in their request for tax breaks. But if the tax law said hay give GE a break with this rule everyone would see that. So instead they create a rule for companies making jet engines for America in Massachusetts or if they want to give the same tax break to Pratt and Whitney they say Massachusetts and Connecticut. Many times they make it in a single county and state that way it often makes it even more obscure to anyone who doesn't know who owns what in that particular county. Manufacture of say water pumps helping America with fresher water. It helps if you can say somehow your helping the country with some particular problem. No one in Congress is going to get up and denonce Jet Engine manufacturers or water pump makers for fresher water.
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@felixu-mh2mx Unless the Amazon workers are on strike boycotting serves no purpose since exploration takes place at the point of production not when you buy something. You end up in the belief that some bosses are better than others when the are all responsible for the workings of capitalism. Even when the workers win a union victory it is just a temporary victory as the system once again begins the inevitable competition for jobs which once again drives down wages.
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@wynnhorton1208 If you start a Nike boycott without the Nike's workers onboard then all the company will do is say these people are attacking our company and we will have to fire you if we lose business. Fascism has a specific definition. It's a movement of a middle class suffering from the crisis of capitalism that also attracts declassed elements like the long term unemployed and petty criminals. The begin by using political violence against any kind of opposition especially meetings like those of the unions and the workers parties. The ruling class usually rejects them unless the fear their loss to a socialist revolution. That's why Hitler was jailed after the "Beer Hall Putsch" but later handed power by Paul von Hindenburg.
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@wynnhorton1208 Yours is the predicament of the small businessman on one hand you have a payroll to meet and on the other you can find that the banks are unsympathetic when you need a loan. Then there is always the possibility that the market will change somehow and put you out of business. While things may be going well or Okay when a crisis hits you are placed into a vice by the very system you think is good.
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Capitalism can not keep the workers employed without sacrificing the rate of profit. Capitalism is the first system to suffer from periodic crisis caused by overproduction. Where more is produced than can be sold in a market for a profit. Only though over throw of the profit system and establishing socialism over capitalism world wide can humanity progress.
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@zarach9459 The capitalist lost the cold war since all that happened is they now have more capitalist competition for themselves. As one can see the American capitalist are beginning to once again fear the working class. They've been unable to defeat the continuing Cuban revolution. They have entered a crisis of world trade and production which they have no way out of.but though Imperialist war and fascism (war on the trade unions)..Without the treachery of the Stalinist and the Social Democrats the Imperialist will have to face new revolutions without a leadership willing to sell out and murder the revolutionaries.
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Democratic Socialists basically Social Democrats who are afraid of being called a commie.
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