Thanks to the media, the 1% are poised to "take the rest"

[kaz]

Shows such as Fox & Friends who keep their audiences' in a perpetual slumber

by making big deals out of prayer or abortion :yawn: as their great nation is being taken to the cleaners will never announce info like this:

BBC News - Richest 1 to own more than rest of world Oxfam says

The charity's research shows that the share of the world's wealth owned by the richest 1% increased from 44% in 2009 to 48% last year.

On current trends, Oxfam says it expects the wealthiest 1% to own more than 50% of the world's wealth by 2016.

Nothing to see here. Move along now drones. (thats what rw media says)

discuss...

Who were you quoting with "take the rest?" I don't see that in your post.

see it now lolibertarian boi? In 5 short yrs they went from hoarding 44% of the world's wealth to 48%. Why do you people always need to be led around by the hand to see whats right in front of your face?

Unfortunately, the "wealth inequality" canard plays well among the ignorant and envious masses.

You would comprise the former

When you quote yourself, you don't quote. You quote when you are repeating the words of someone else.

 

[Little-Acorn]

Unnatural concentration comes from capturing legislative and regulatory power and bending it to your advantage to the exclusion and harm of others with better business models.

Who is doing that?

If thieves were robbing all the houses on your street, and they had police protection,

And the identity of these thieves is....??

The problem requires an unwinding of the legislative tilting of the playing field.

Which legislation is doing this tilting?

 

[Wyatt earp]

Shows such as Fox & Friends who keep their audiences' in a perpetual slumber

by making big deals out of prayer or abortion :yawn: as their great nation is being taken to the cleaners will never announce info like this:

BBC News - Richest 1 to own more than rest of world Oxfam says

The charity's research shows that the share of the world's wealth owned by the richest 1% increased from 44% in 2009 to 48% last year.

On current trends, Oxfam says it expects the wealthiest 1% to own more than 50% of the world's wealth by 2016.

Nothing to see here. Move along now drones. (thats what rw media says)

discuss...

Oh goodie another cry baby thread
Why are liberals so damn broke on here? And always bitch about money?

 

[Dot Com]

Shows such as Fox & Friends who keep their audiences' in a perpetual slumber

by making big deals out of prayer or abortion :yawn: as their great nation is being taken to the cleaners will never announce info like this:

BBC News - Richest 1 to own more than rest of world Oxfam says

The charity's research shows that the share of the world's wealth owned by the richest 1% increased from 44% in 2009 to 48% last year.

On current trends, Oxfam says it expects the wealthiest 1% to own more than 50% of the world's wealth by 2016.

Nothing to see here. Move along now drones. (thats what rw media says)

discuss...

Oh goodie another cry baby thread
Why are liberals so damn broke on here? And always bitch about money?

Oh lookie!!!! We got ourselves a Monopoly Guy or another who can't be disturbed from his media-induced slumber

 

[thereisnospoon]

Remind me what the problem here is.
And given the widely diverse systems "the top 1%" live under there isn t really a government solution. Whch must kill progressives.

Your lack of a cerebral cortex is the problem.

Of course, we could look at this historically. Wealth inequality is a fact of human life. It cannot be escaped. But human societies have always demonstrated certain trends regarding inequality. There's a stable range of inequality a society can handle before things start to go very badly.

How so?

 

[Remodeling Maidiac]

Thanks to the media, the 47% are poised to endlessly bitch about the rest.

 

[thereisnospoon]

It is a simple fact that wealth is being concentrated at the top, and this is not a good thing. Thomas Jefferson himself warned this was a grave danger to any nation.

There is natural and there is unnatural concentration of wealth. Natural concentration comes from inventing a better mousetrap. Unnatural concentration comes from capturing legislative and regulatory power and bending it to your advantage to the exclusion and harm of others with better business models. A great unleveling of the playing field has occurred.

This MUST be corrected.

Unfortunately, neither party offers any comprehensive solutions that would actually work to solve this problem. The Right pretends there is no problem (as usual), while the Left attempts a one-size-fits-all "tax the rich more" solution which punishes the guilty along with the rich.

If thieves were robbing all the houses on your street, and they had police protection, what would you make of some asshole who said, "I see no problem with these people accumulating more wealth"?

Conversely, what would you make of some other asshole who said, "The answer to this problem is to make people who live in bigger houses pay more taxes"?

Neither one of these approaches will ever solve the problem. The problem requires an unwinding of the legislative tilting of the playing field.

Eliminating the Export-Import Bank, for example.

Eliminating all tax expenditures, for another example.

The assholes who see no problem are about as retarded as it gets, since they are too stupid to realize they are also victims of these thieves. Their pockets are being robbed as they work tirelessly to defend and apologize for the thieves.

The thieves have police protection, folks. Our Congress is completely owned by them. And a D or an R after their name is not indicative of who is guilty and who is innocent. Only a retard who has no clue would think so.

This MUST be corrected.
Ok...How?

 

[thereisnospoon]

At what point do things "go very badly"?
How does this happen?
What does "go very badly" mean exactly?

You're trying too hard.

TRANSLATION: I can't answer your questions, because I would have to tell the truth if I did. And that would show I was lying and trying to denigrate you instead of admitting I was wrong.

Small minds always have a hard time operating with ambiguity. If it isn't reduced to simplistic push-button solutions, it can't be handled by small minds. That is, of course, your problem, not mine.

The problem with you lefties is you could complicate a pot of boiling water.
The bottom line is you have no solutions. But you are safe hiding under the blanket of complaining.....
That's all you people do..Complain.

 

[thereisnospoon]

Shows such as Fox & Friends who keep their audiences' in a perpetual slumber

by making big deals out of prayer or abortion :yawn: as their great nation is being taken to the cleaners will never announce info like this:

BBC News - Richest 1 to own more than rest of world Oxfam says

The charity's research shows that the share of the world's wealth owned by the richest 1% increased from 44% in 2009 to 48% last year.

On current trends, Oxfam says it expects the wealthiest 1% to own more than 50% of the world's wealth by 2016.

Nothing to see here. Move along now drones. (thats what rw media says)

discuss...

Who were you quoting with "take the rest?" I don't see that in your post.

see it now lolibertarian boi? In 5 short yrs they went from hoarding 44% of the world's wealth to 48%. Why do you people always need to be led around by the hand to see whats right in front of your face?

Unfortunately, the "wealth inequality" canard plays well among the ignorant and envious masses.

You would comprise the former

Hoarding? The opposite of which is what? Giving it to you?

 

[blackhawk]

Thank you for the MSNBC viewpoint boring as usual.

 

[Dot Com]

Thank you for the MSNBC viewpoint boring as usual.

what are you doing here? The source isn't what you stipulated smart guy.

 

[blackhawk]

Thank you for the MSNBC viewpoint boring as usual.

what are you doing here? The source isn't what you stipulated smart guy.

I didn't say they were the source cited I said it was the MSNBC viewpoint which anyone who has watched the network for five knows is the same as the source cited.

 

[SwimExpert]

The problem with you lefties is you could complicate a pot of boiling water.

Yeah, I'm such a lefty. *roll eyes*

The bottom line is you have no solutions. But you are safe hiding under the blanket of complaining.....
That's all you people do..Complain.

Let's get this straight.....Rabbi complains that the observed inequality issue being discussed is international and thus out of the realm of government solutions, and poses the question "what now, then"?

I reply by saying that we can at least be mindful of history and that this is a situation which has occurred from time to time.

You, then complain that I am not offering solutions.

And somehow that all amounts to me complaining?

 

[SwimExpert]

Remind me what the problem here is.
And given the widely diverse systems "the top 1%" live under there isn t really a government solution. Whch must kill progressives.

Your lack of a cerebral cortex is the problem.

Of course, we could look at this historically. Wealth inequality is a fact of human life. It cannot be escaped. But human societies have always demonstrated certain trends regarding inequality. There's a stable range of inequality a society can handle before things start to go very badly.

How so?

How so, what?

 

[Dot Com]

I didn't say they were the source cited I said it was the MSNBC viewpoint which anyone who has watched the network for five knows is the same as the source cited.

Projection is not allowed in this thread

 

[Roadrunner]

Thanks to the media, the 47% are poised to endlessly bitch about the rest.

Sounds like most of the world needs to work a little harder.

 

[Darkwind]

The problem with you lefties is you could complicate a pot of boiling water.

Yeah, I'm such a lefty. *roll eyes*

The bottom line is you have no solutions. But you are safe hiding under the blanket of complaining.....
That's all you people do..Complain.

Let's get this straight.....Rabbi complains that the observed inequality issue being discussed is international and thus out of the realm of government solutions, and poses the question "what now, then"?

I reply by saying that we can at least be mindful of history and that this is a situation which has occurred from time to time.

You, then complain that I am not offering solutions.

And somehow that all amounts to me complaining?

List the times and the specifics of when this has happened and the consequences that the world suffered because of it.

 

[SwimExpert]

List the times and the specifics of when this has happened and the consequences that the world suffered because of it.

Rome. Too much distance between the haves and have nots, and things go badly. There's also Russia. They were so pissed off at inequality that they turned communist. That was an ironic turn of events, because that led to a whole new kind of inequality, and less than 100 years later their country collapsed again for the same reasons.

Of course, I can't expect a bottom feeder like you to understand this, but one of the key components to maintaining a peaceful and prosperous society is for people to be happy. Too much social unrest, and the locals start to riot. When too many people start to feel like they're been squeezed too much, they rebel against their overlords.

 

[Little-Acorn]

Unnatural concentration comes from capturing legislative and regulatory power and bending it to your advantage to the exclusion and harm of others with better business models.

Who is doing that?

If thieves were robbing all the houses on your street, and they had police protection,

And the identity of these thieves is....??

The problem requires an unwinding of the legislative tilting of the playing field.

Which legislation is doing this tilting?

Well?

If this "must be corrected", then the obvious place to start is finding out who did the bad stuff.

You're insisting people did bad stuff.

Which people? What bad stuff? Please detail.

Projection is not allowed in this thread

You heard what the OP said. Surely you're not just making up all this up and projecting it onto whatever Republicans or businessmen wander past. Surely you can explain who they actually were, and what they did.

 

[g5000]

Unnatural concentration comes from capturing legislative and regulatory power and bending it to your advantage to the exclusion and harm of others with better business models.

Who is doing that?

If thieves were robbing all the houses on your street, and they had police protection,

And the identity of these thieves is....??

The problem requires an unwinding of the legislative tilting of the playing field.

Which legislation is doing this tilting?

Well?

If this "must be corrected", then the obvious place to start is finding out who did the bad stuff.

You're insisting people did bad stuff.

Which people? What bad stuff? Please detail.

Projection is not allowed in this thread

You heard what the OP said. Surely you're not just making up all this up and projecting it onto whatever Republicans or businessmen wander past. Surely you can explain who they actually were, and what they did.

I have listed the thieves and the protection they have received many times on this forum.

Here is a sampling. I hope you bother to take the time to read the links. You demanded it.

Daniel Sparks and Tom Montag: Goldman Sachs. Constructed the fraudulent Timberwolf billion dollar toxic mortgage security and sold it to investors (you), then profited by betting against it. Deliberately stuffed the security with mortgages they knew were toxic so they could bet on its failure while also profiting from its sale it to investors.

Goldman Sued Again


Brian H. Stoker: Citigroup. Constructed the fraudulent Class V Funding III CDO-squared which ripped off investors (you) for over $700 million.

He stole $700 million and paid a fine of $285 million. Is this a disincentive to steal?!?!

http://www.nytimes.com/2011/10/20/business/citigroup-to-pay-285-million-to-settle-sec-charges.html


Fabrice Tourre: Goldman Sachs. John Paulson: Paulson & Co. Inc . Constructed the fraudulent Abacus 2007-ac1 CDO for which Goldman Sachs was fined but no one went to prison. Tourre allowed hedge fund manager John Paulson to select the toxic mortgages to be placed in the CDO so Goldman Sachs and Paulson could bet against it.

http://www.sec.gov/litigation/complaints/2010/comp-pr2010-59.pdf


Angelo Mozilo: Countrywide CEO. Committed the exact same kind of crime as the Enron CEO and financial officers did, and yet he walks free. Mozillo kept telling investors that Countrywide was "consistently producing quality mortgages" while his internal memos show that he was well aware his company was creating the most toxic mortgages on the planet. The SEC originally demanded a jury trial for Mozillo, but he ultimately walked away with a fine and no admission of wrongdoing.

http://www.sec.gov/litigation/complaints/2009/comp21068.pdf


Richard Harriton: Bear Stearns. Along with 13 executives and brokers, defrauded investors of $75 million through stock manipulation.

Bear Stearns paid the SEC a fine of $38.5 million, half of the amount they stole from their investors!

Bear Stearns in $38M settlement - Aug. 5, 1999





Roland Arnall: Ameriquest. Inventor of the "stated asset" (NINJA) loan.

Paid a $325 million settlement with 49 state AGs in early 2006 for misrepresenting and failing to disclose loan terms, charging excessive loan origination fees and inflating appraisals to qualify borrowers for loans.

March 2006, installed as US ambassador to the Netherlands!

How a Gang of Predatory Lenders and Wall Street Bankers Fleeced America -- and Spawned a Global Crisis | John Mauldin | Safehaven.com

Roland Arnall - Wikipedia, the free encyclopedia



Check out that last one. Remember Nannygate? Someone hired a nanny ten years previously who was an illegal immigrant and couldn't get their presidential appointment confirmed by Congress.

But this sleazebag from Ameriquest gets nominated and confirmed as a US Ambassador right after being caught as one of the biggest criminals on Wall Street!

If that does not tell you that our federal government is aiding and abetting these fuckers, nothing will.

You can't make this shit up.

This guy had his brokers forge borrowers' signatures on subprime loans.

Don't believe me? Read this: How a Gang of Predatory Lenders and Wall Street Bankers Fleeced America -- and Spawned a Global Crisis | John Mauldin | Safehaven.com

Read every word of that.


Every one of these bastards is walking free.

If a criminal came into your house and took your stuff, and then he was caught by the police and paid a small fine and got to keep your stuff, would you not be pissed off as hell?

That is what is going on.

Add the LIBOR scandal. Or the ISDAfix being fixed. Or metals pricing being manipulated by Goldman Sachs.

There's enough going on on Wall Street to keep the GOP very, very busy with hearings for years to come.


And yet they are dead silent. Too busy manufacturing bullshit about Benghazi to do something about the the very DNA of our capitalist system being destroyed from within.

Hmmmmm...