Top 8% Own 85%

[initforme]

The system was not designed for average working folk to get ahead. Capitalists are those with a lot of money. Capitalism is about the wealthy. Did your economics teacher not teach you this?

 

[Brain357]

The system was not designed for average working folk to get ahead. Capitalists are those with a lot of money. Capitalism is about the wealthy. Did your economics teacher not teach you this?

Capitalism can and should benefit everyone. That is why we once had the strongest middle class in the world.

 

[Toddsterpatriot]

Only welfare people "take" money. People who have more earn money.

Do they really? Through suppressing employee wages? Shipping jobs overseas? Importing foreign workers?

However they do it, it's still their money whether you like it or not.

And it is slowing our economy which hurts us all.

What's slowing our economy are the illegals and foreigners that come here and work for lower wages. What's slowing our economy is that we have over 93 million Americans of working age that are not working nor looking for a job. What's slowing our economy is government and their regulations. But the biggest thing slowing down our economy is that we consumers will not support American workers. We will buy the cheapest of just about anything to save a buck.

Wages are stagnant, of course people are cheap. An economy slows when there is too much inequality.

An economy slows when there is too much inequality.

How do you fix inequality? Higher taxes? More regulation?

 

[Dale Smith]

Gipper is absolutely correct and this was a plan that was introduced with the Iron Mountain Report and the Club of Rome in order to consolidate wealth and power into fewer and fewer hands. USA.INC and it's subsidiaries are majority shareholders in every Fortune 500 with money they have skimmed off the top and scammed from us. When capital is in the hands of the people, you have capitalism, when it is in the hands of the "gubermint", you have communism. The amount of wealth that USA.INC has amassed since 1945 is around 145 TRILLION dollars. It's in the CAFR that has to be released. I found that my home state "STATE OF TEXAS.INC is sitting on a trillion dollars in assets...and that's just the state...doesn't even take into account the cities, towns and counties that are incorporated. We have been totally scammed and now they want to discard us because our labor becomes worth less and less with the coming robotic age.

 

[Brain357]

Do they really? Through suppressing employee wages? Shipping jobs overseas? Importing foreign workers?

However they do it, it's still their money whether you like it or not.

And it is slowing our economy which hurts us all.

What's slowing our economy are the illegals and foreigners that come here and work for lower wages. What's slowing our economy is that we have over 93 million Americans of working age that are not working nor looking for a job. What's slowing our economy is government and their regulations. But the biggest thing slowing down our economy is that we consumers will not support American workers. We will buy the cheapest of just about anything to save a buck.

Wages are stagnant, of course people are cheap. An economy slows when there is too much inequality.

An economy slows when there is too much inequality.

How do you fix inequality? Higher taxes? More regulation?

Give more power to the workers. We are definitely hurting from the decline of unions. We need to better police companies to stop the collusion. I would actually decrease Corp taxes in return for higher wages and benefits for employees. I think we need to stop importing workers and some well placed tariffs might help. Maybe raise minimum wage, though I prefer the other things mentioned.

 

[initforme]

Capitalism cannot help everyone. No system can. Its based on the wealthy for the wealthy. Capitalists are rich folk. The system is for the few to really prosper and the test to maybe have a shot for a tiny bit of wealth. Its far better than any other system out there. I don't care how hard one is willing to work. If they atentborn into wealth they aren't going to become wealthy.​

 

[Toddsterpatriot]

However they do it, it's still their money whether you like it or not.

And it is slowing our economy which hurts us all.

What's slowing our economy are the illegals and foreigners that come here and work for lower wages. What's slowing our economy is that we have over 93 million Americans of working age that are not working nor looking for a job. What's slowing our economy is government and their regulations. But the biggest thing slowing down our economy is that we consumers will not support American workers. We will buy the cheapest of just about anything to save a buck.

Wages are stagnant, of course people are cheap. An economy slows when there is too much inequality.

An economy slows when there is too much inequality.

How do you fix inequality? Higher taxes? More regulation?

Give more power to the workers. We are definitely hurting from the decline of unions. We need to better police companies to stop the collusion. I would actually decrease Corp taxes in return for higher wages and benefits for employees. I think we need to stop importing workers and some well placed tariffs might help. Maybe raise minimum wage, though I prefer the other things mentioned.

We are definitely hurting from the decline of unions.

Unions are the worst. We need to outlaw government unions.

I think we need to stop importing workers and some well placed tariffs might help.

Boot 15 million illegals, wages will rise. Unemployment will tank.
Tariffs just help the connected. Like the Fanjul family benefits from sugar tariffs.

Maybe raise minimum wage,

Boot the illegals, enforce E-Verify, companies would have to pay more than the minimum to get workers.

 

[Toddsterpatriot]

Capitalism cannot help everyone. No system can. Its based on the wealthy for the wealthy. Capitalists are rich folk. The system is for the few to really prosper and the test to maybe have a shot for a tiny bit of wealth. Its far better than any other system out there. I don't care how hard one is willing to work. If they atentborn into wealth they aren't going to become wealthy.​

Its based on the wealthy for the wealthy.

No it isn't.

Capitalists are rich folk.

Irony is ironic.

If they aren't born into wealth they aren't going to become wealthy.

That's why no one ever heard of Buffet, Gates, Ellison, Zuckerberg, Page, Brin or the Walton family.
They never became wealthy because the parents of the founders weren't wealthy.

 

[Theowl32]

This is really screwed up...and we Americans fight among ourselves over stupid things. All the while the elites are screwing us. When will we wake up and take action?


The Panama Papers offer damning proof of this: increasing concentrations of wealth and power that are free of any constraint (such as taxes) is not just the consequence of centralized money and state power--this inequality is the only possible output of centralized money and state power.

Here is a graphic portrayal of just how concentrated global wealth really is: the top .7% (less than 1%) own 45% of all global wealth, and the top 8% own 85%.

Of Two Minds - The Panama Papers: This Is the Consequence of Centralized Money and Power

***Socialist propaganda alert***

Class warfare.

The utopia myth being sold to the perpetually ignorant.

 

[Brain357]

And it is slowing our economy which hurts us all.

What's slowing our economy are the illegals and foreigners that come here and work for lower wages. What's slowing our economy is that we have over 93 million Americans of working age that are not working nor looking for a job. What's slowing our economy is government and their regulations. But the biggest thing slowing down our economy is that we consumers will not support American workers. We will buy the cheapest of just about anything to save a buck.

Wages are stagnant, of course people are cheap. An economy slows when there is too much inequality.

An economy slows when there is too much inequality.

How do you fix inequality? Higher taxes? More regulation?

Give more power to the workers. We are definitely hurting from the decline of unions. We need to better police companies to stop the collusion. I would actually decrease Corp taxes in return for higher wages and benefits for employees. I think we need to stop importing workers and some well placed tariffs might help. Maybe raise minimum wage, though I prefer the other things mentioned.

We are definitely hurting from the decline of unions.

Unions are the worst. We need to outlaw government unions.

I think we need to stop importing workers and some well placed tariffs might help.

Boot 15 million illegals, wages will rise. Unemployment will tank.
Tariffs just help the connected. Like the Fanjul family benefits from sugar tariffs.

Maybe raise minimum wage,

Boot the illegals, enforce E-Verify, companies would have to pay more than the minimum to get workers.

Unions the worst? You must be joking. The decline in unions has only been bad for us.

 

[Toddsterpatriot]

What's slowing our economy are the illegals and foreigners that come here and work for lower wages. What's slowing our economy is that we have over 93 million Americans of working age that are not working nor looking for a job. What's slowing our economy is government and their regulations. But the biggest thing slowing down our economy is that we consumers will not support American workers. We will buy the cheapest of just about anything to save a buck.

Wages are stagnant, of course people are cheap. An economy slows when there is too much inequality.

An economy slows when there is too much inequality.

How do you fix inequality? Higher taxes? More regulation?

Give more power to the workers. We are definitely hurting from the decline of unions. We need to better police companies to stop the collusion. I would actually decrease Corp taxes in return for higher wages and benefits for employees. I think we need to stop importing workers and some well placed tariffs might help. Maybe raise minimum wage, though I prefer the other things mentioned.

We are definitely hurting from the decline of unions.

Unions are the worst. We need to outlaw government unions.

I think we need to stop importing workers and some well placed tariffs might help.

Boot 15 million illegals, wages will rise. Unemployment will tank.
Tariffs just help the connected. Like the Fanjul family benefits from sugar tariffs.

Maybe raise minimum wage,

Boot the illegals, enforce E-Verify, companies would have to pay more than the minimum to get workers.

Unions the worst? You must be joking. The decline in unions has only been bad for us.

Bunch of thugs.

 

[Weatherman2020]

 

[Brain357]

Capitalism cannot help everyone. No system can. Its based on the wealthy for the wealthy. Capitalists are rich folk. The system is for the few to really prosper and the test to maybe have a shot for a tiny bit of wealth. Its far better than any other system out there. I don't care how hard one is willing to work. If they atentborn into wealth they aren't going to become wealthy.​

Its based on the wealthy for the wealthy.

No it isn't.

Capitalists are rich folk.

Irony is ironic.

If they aren't born into wealth they aren't going to become wealthy.

That's why no one ever heard of Buffet, Gates, Ellison, Zuckerberg, Page, Brin or the Walton family.
They never became wealthy because the parents of the founders weren't wealthy.

Most, possibly all on you list come from wealthy families...

 

[Brain357]

Wages are stagnant, of course people are cheap. An economy slows when there is too much inequality.

An economy slows when there is too much inequality.

How do you fix inequality? Higher taxes? More regulation?

Give more power to the workers. We are definitely hurting from the decline of unions. We need to better police companies to stop the collusion. I would actually decrease Corp taxes in return for higher wages and benefits for employees. I think we need to stop importing workers and some well placed tariffs might help. Maybe raise minimum wage, though I prefer the other things mentioned.

We are definitely hurting from the decline of unions.

Unions are the worst. We need to outlaw government unions.

I think we need to stop importing workers and some well placed tariffs might help.

Boot 15 million illegals, wages will rise. Unemployment will tank.
Tariffs just help the connected. Like the Fanjul family benefits from sugar tariffs.

Maybe raise minimum wage,

Boot the illegals, enforce E-Verify, companies would have to pay more than the minimum to get workers.

Unions the worst? You must be joking. The decline in unions has only been bad for us.

Bunch of thugs.

Who get workers better wages, we need more of that.

 

[Toddsterpatriot]

Capitalism cannot help everyone. No system can. Its based on the wealthy for the wealthy. Capitalists are rich folk. The system is for the few to really prosper and the test to maybe have a shot for a tiny bit of wealth. Its far better than any other system out there. I don't care how hard one is willing to work. If they atentborn into wealth they aren't going to become wealthy.​

Its based on the wealthy for the wealthy.

No it isn't.

Capitalists are rich folk.

Irony is ironic.

If they aren't born into wealth they aren't going to become wealthy.

That's why no one ever heard of Buffet, Gates, Ellison, Zuckerberg, Page, Brin or the Walton family.
They never became wealthy because the parents of the founders weren't wealthy.

Most, possibly all on you list come from wealthy families...

None of them were worth billions.

 

[Toddsterpatriot]

An economy slows when there is too much inequality.

How do you fix inequality? Higher taxes? More regulation?

Give more power to the workers. We are definitely hurting from the decline of unions. We need to better police companies to stop the collusion. I would actually decrease Corp taxes in return for higher wages and benefits for employees. I think we need to stop importing workers and some well placed tariffs might help. Maybe raise minimum wage, though I prefer the other things mentioned.

We are definitely hurting from the decline of unions.

Unions are the worst. We need to outlaw government unions.

I think we need to stop importing workers and some well placed tariffs might help.

Boot 15 million illegals, wages will rise. Unemployment will tank.
Tariffs just help the connected. Like the Fanjul family benefits from sugar tariffs.

Maybe raise minimum wage,

Boot the illegals, enforce E-Verify, companies would have to pay more than the minimum to get workers.

Unions the worst? You must be joking. The decline in unions has only been bad for us.

Bunch of thugs.

Who get workers better wages, we need more of that.

No, we don't need more thug unions.

 

[Hutch Starskey]

So you have absolutely no ability to earn more money because some rich guy is keeping you down?

I didn't say that at all. That's your absolutist bullshit. Everyone could certainly improve their lot in life.

The question was how earning more is prevented and I provided an example. Is that inaccurate?

OK so you just said anyone can improve their lot in life by making more money then you say they can't because some rich guy is not allowing them to get paid more

The rich guys are working hard to hold everyone else down. That isn't good for an economy.

The rich guys don't have the ability to hold anybody down. No rich people ever held me down, I wonder why you and not me?

I already posted several examples of large corps illegally suppressing wages.

You have to forgive Ray, he's slow. If you watch his retorts, he either didn't read it, didn't get it or both.

 

[Hutch Starskey]

The "system" is rigged, for the wealthiest to stay the wealthiest... if you can not recognize this, then you are blind, and willfully ignorant.

One of the greatest things about being in a country like this is you can be anybody you want.

If you don't need much, are lazy, and don't care about your future, you can not work and be poor.

If you have more ambition, you can be middle-class. That means you have to go go work everyday however. You probably need a skill or trade to get by, but it can be done.

If you want to live better than middle-class, then you need to open up your own business, get an advanced education, and work night and day.

And of course, if you want to be wealthy, you must do some of the things above and more, such as invest every spare dollar and dime you have. You will need to give up all those extras and focus on money only. You need to educate yourself on the stock market, real estate, the commodities market, foreign markets and so on.

But it's all up to the individual and you have to start very early in life.

Completely naive and poorly thought out. While everyone can certainly improve their lot in life, it's ridiculous to think that everyone has an equal opportunity to earn even an above average level of success let alone make it into the highest percentiles. There simply aren't enough high paying positions for that to even be possible. The idea that if people only worked hard and were diligent enough, they too could hit it big is foolish. The higher the income the more exclusive the club becomes. Why is that? Because everyone can't be a chief, the world needs Indians and a lot of them. I'm fine with that dynamic. It's the way the Indians are treated, often times unfairly and for the benefit of the chiefs, that is the problem.

So who says you have to be part of that tribe?

It's the same old argument about CEO's. If you think CEO's get paid too much money and don't do any work, why don't you become a CEO yourself? Of course the answer is because it's not that easy. It takes a lot of education, a lot of experience, a lot of getting to know politicians, a lot of getting fired from jobs, a lot of packing up your bags and traveling.

I have several people in my family that don't work for anybody. One Uncle (now retired) was a carpenter. Another Uncle ran his own remodeling business. Two of my cousins own their own remodeling business. My one cousin is an artist and runs his own business.

If you really believe that employers are taking advantage of you, then the solution is to simply work for yourself. Take up a construction trade. Learn how to be a plumber, an electrician, a bricklayer. Take courses in HVAC and work for yourself. There are a lot of things you can do besides work for somebody else.

I said nothing about CEO's. I never said it impacted me personally either. You don't read so well. Do you believe that everyone in America can earn 100K if they wanted to?

 

[Hutch Starskey]

Of course they pay most the taxes, they take all the money.

Only welfare people "take" money. People who have more earn money.

Do they really? Through suppressing employee wages? Shipping jobs overseas? Importing foreign workers?

However they do it, it's still their money whether you like it or not.

And it is slowing our economy which hurts us all.

What's slowing our economy are the illegals and foreigners that come here and work for lower wages. What's slowing our economy is that we have over 93 million Americans of working age that are not working nor looking for a job. What's slowing our economy is government and their regulations. But the biggest thing slowing down our economy is that we consumers will not support American workers. We will buy the cheapest of just about anything to save a buck.

Talk radio nonsense.

 

[jasonnfree]

The "system" is rigged, for the wealthiest to stay the wealthiest... if you can not recognize this, then you are blind, and willfully ignorant.

One of the greatest things about being in a country like this is you can be anybody you want.

If you don't need much, are lazy, and don't care about your future, you can not work and be poor.

If you have more ambition, you can be middle-class. That means you have to go go work everyday however. You probably need a skill or trade to get by, but it can be done.

If you want to live better than middle-class, then you need to open up your own business, get an advanced education, and work night and day.

And of course, if you want to be wealthy, you must do some of the things above and more, such as invest every spare dollar and dime you have. You will need to give up all those extras and focus on money only. You need to educate yourself on the stock market, real estate, the commodities market, foreign markets and so on.

But it's all up to the individual and you have to start very early in life.

Completely naive and poorly thought out. While everyone can certainly improve their lot in life, it's ridiculous to think that everyone has an equal opportunity to earn even an above average level of success let alone make it into the highest percentiles. There simply aren't enough high paying positions for that to even be possible. The idea that if people only worked hard and were diligent enough, they too could hit it big is foolish. The higher the income the more exclusive the club becomes. Why is that? Because everyone can't be a chief, the world needs Indians and a lot of them. I'm fine with that dynamic. It's the way the Indians are treated, often times unfairly and for the benefit of the chiefs, that is the problem.

So who says you have to be part of that tribe?

It's the same old argument about CEO's. If you think CEO's get paid too much money and don't do any work, why don't you become a CEO yourself? Of course the answer is because it's not that easy. It takes a lot of education, a lot of experience, a lot of getting to know politicians, a lot of getting fired from jobs, a lot of packing up your bags and traveling.

I have several people in my family that don't work for anybody. One Uncle (now retired) was a carpenter. Another Uncle ran his own remodeling business. Two of my cousins own their own remodeling business. My one cousin is an artist and runs his own business.

If you really believe that employers are taking advantage of you, then the solution is to simply work for yourself. Take up a construction trade. Learn how to be a plumber, an electrician, a bricklayer. Take courses in HVAC and work for yourself. There are a lot of things you can do besides work for somebody else.

These working slobs could use accelerated depreciation on the cars they use to go to work if they weren't so lazy. And they could use the cayman islands as residence for tax purposes just like mitt romney does, but they're too lazy and stupid. That's right, anybody can be rich in America.