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It's pretty easy to accept the fact that if you are not born into money you are never going to have it. It matters not how hard you are willing to work. But you can squeak by....be elated for that.
And he's just so damn sincere about it. LOL!George is Orwell's Doublethink in action.None of which changes the fact the richest ten percent own the vast majority of stocks in the US and virtually all of the voting shares.Yet only the richest ten percent of Americans "earn" enough money to join the US investor class. Are you arguing the US economy should work only for the richest ten percent of Americans while consigning the remaining 90% of workers to endure one round of austerity measures after another?
Being an investor isn't dependent on how much you earn. Again, a janitor ended up with $8 Million. So you don't have to earn big bucks to end up in the 'investor class'. In fact, I'm in the investor class, and yet I haven't earned more than $30k a year.
The poorest people can be part of the investor class. It's a matter of.... choosing to invest.
How to Become a Millionaire on Minimum Wage | The Motley Fool
If you put in just $50 a month, from age 18.... consistently, year over year... into good growth mutual funds, you'll end up a millionaire, even if you are making just minimum wage.
Anyone can be in the investor class... you just need to make the choice to invest. If you choose to not be an investor, that's not a problem of society, or the economy. That's a problem on you.
The richest ten percent of households now control 70% of all US wealth, and you won't slow that rate of acquisition by putting $50 month into a mutual account.
The richest 10% of households now represent 70% of all U.S. wealth
This is like, there is a pizza on the table, and everyone says "Dig in", and I start eating it. You never grab a slice, and never eat anything. Eventually we get done, and the pizza is gone, and I've had most of the pizza.
Then you start screaming "You ate most of the pizza, and I didn't get any!".
That's on you. Stop making stupid choices.
The irony in this conversation is that half the posts by you in this thread, are about how the stock market is a terrible evil ponzi scheme......
But then you turn right around and complain the Rich own most of the wealth.... which is primarily in Stock assets.
So which is it?
Are stocks a ponzi scheme, and good thing the rich own them all, and not us?
Or is it bad the rich own most of the stocks, and we should go buy some for ourselves?
Dude it can't be both. It's one or the other. You can't complain that cake is terrible and no on should eat it, and then complain that rich people have all the cake, and it's terrible we don't get more.
You can't play this bonkers schizos game.
He really believes both those mutually-contradictory ideas.
I have to admit, this is the most bold and clear ideological self-mutilation I've ever seen from a left-winger. I literally watched a man hang himself with his own words. It was fascinating to watch.
How do you square this circle: The structure and legal basis of the modern MAGA corporation bears a great deal of resemblance to feudal estates, and this reality is at odds in an era that claims to value democracy over the Divine Right of Kings?
Warren has a plan:
Accountable Capitalism Act - Wikipedia
"The Accountable Capitalism Act, 115th Congress (2017-2018) S. 3348 is a proposed federal bill introduced by Senator Elizabeth Warren in August 2018.
"It would require that employees elect 40% of a board of directors of any corporation with over $1 billion in tax receipts, and that 75% of shareholders and directors must approve any political spending.
"Corporations with revenue over $1 billion would be required to obtain a federal corporate charter.
"The Act contains a 'constituency statute' that would give directors a duty of 'creating a general public benefit' with regard to a corporation's stakeholders, including shareholders, employees, and the environment, and the interests of the enterprise in the long-term.[1]"
The US is among a minority of OECD countries that gives no representation to the workforce (majority) in corporate governance.
For years Warren has claimed "corporations are not people."
Now her Accountable Capitalism Act demands that corporations that claim the legal rights of personhood should be legally required to accept the moral obligations of personhood.
Socialism, not capitalism, resembles the feudal state...
You're missing the principle of privilege:equality under law is a hallmark of democracy while privilege sanctioned by law is a hallmark of aristocracy. Feudal lords extracted wealth from serfs the same way rich parasites (like Trump) use corporations to amass private fortunes at public expense today.Socialism, not capitalism, resembles the feudal state...
When was the last time you had an original thought?So you would rather post other people’s thoughts? I ll explain why because you’re dumb. No one clicks on or reads your links. No one. You’re wasting your time. This is one of your few posts that I read because they were actually your words.Georgie any idiot can post pics. How about an original thought or two?Georgie only thought the rich could invest. LMAO! Idiot
Original thought?Georgie any idiot can post pics. How about an original thought or two?
Do you mean am I capable of thinking about something no one has ever thought of before?
No.
This is a board for political opinions not original thoughts.
Since there are many publishing regularly on the Internet who share my opinions and are more qualified than I to opine on these subjects, I link my beliefs to sources that I believe support my opinions.
Why would anyone post regularly online without taking advantage of the wealth of information existing there?
/——/ horse shyt. I wasn’t born into money but I now have a comfortable life.It's pretty easy to accept the fact that if you are not born into money you are never going to have it. It matters not how hard you are willing to work. But you can squeak by....be elated for that.
My working years were also spent in blue collar employment.GeorgePhillip, I am not an investor - sorry. I'm just a blue collar guy who spent his life working in law enforcement and corrections, I never made enough to be an investor.
If Europeans want to allow, or mandate, such practices in their countries, that's up to them.
Those years began in the mid-sixties when a single minimum wage job would provide enough income to pay the entire rent on an apartment with enough left over the maintain a 7 year-old car. Today a single minimum wage job pays for homelessness, and I blame tax and trade policies over the past half-century that have privileged capital over labor.
Yeah, same experience here. A job in a restaurant, fry cook or even dishwasher in the early '60's in L.A. county, California, would enable a guy to have a car, an apartment, a child or 2 at home, and the wife at home to take care of the kids. It's the inequality of wealth that's changed which now greatly favors the billionaires...not democrat good, republican bad or vice versa that's being drilled into us.
Those of us born at the end of WWII had a huge advantage our parents paid for by living through the Great Depression and the global conflict that followed like night follows day,Yeah, same experience here. A job in a restaurant, fry cook or even dishwasher in the early '60's in L.A. county, California, would enable a guy to have a car, an apartment, a child or 2 at home, and the wife at home to take care of the kids. It's the inequality of wealth that's changed which now greatly favors the billionaires...not democrat good, republican bad or vice versa that's being drilled into us.
There's a crony-capitalist in the White House presiding over the most corrupt administration in recent US history. It will require a candidate like Warren or Bernie to reverse the massive damage Trump has done to America.In all seriousness, this is a crony capitalism dog whistle that socialists use. Warren is doing this to appeal to her Capitalist-hating voter base but is also sending messages to Corporations that if they want to be left off the naughty list, it’s time to pay now.
Only a bit more than another 5 years, GP ... hang in there.I understand this Royal Turd will not be in the White House much longer...Do you understand that in the days of Feudalism....that is when organizations needed a "Royal" charter to exist...right?
It's more likely Republicans will throw Trump under the bus before November 2020.Only a bit more than another 5 years, GP ... hang in there.
Just now. I think Tulsi Gabbard should run as an Independent.When was the last time you had an original thought?So you would rather post other people’s thoughts? I ll explain why because you’re dumb. No one clicks on or reads your links. No one. You’re wasting your time. This is one of your few posts that I read because they were actually your words.Georgie any idiot can post pics. How about an original thought or two?Georgie only thought the rich could invest. LMAO! IdiotOriginal thought?Georgie any idiot can post pics. How about an original thought or two?
Do you mean am I capable of thinking about something no one has ever thought of before?
No.
This is a board for political opinions not original thoughts.
Since there are many publishing regularly on the Internet who share my opinions and are more qualified than I to opine on these subjects, I link my beliefs to sources that I believe support my opinions.
Why would anyone post regularly online without taking advantage of the wealth of information existing there?
Inquiry and impeachment are not the same thing.Only a bit more than another 5 years, GP ... hang in there.I understand this Royal Turd will not be in the White House much longer...Do you understand that in the days of Feudalism....that is when organizations needed a "Royal" charter to exist...right?It's more likely Republicans will throw Trump under the bus before November 2020.Only a bit more than another 5 years, GP ... hang in there.
CBS News poll: Majority of Americans and Democrats approve of Trump impeachment inquiry
That's probably one of the reasons we have the biggest economy.The US is among a minority of OECD countries that gives no representation to the workforce (majority) in corporate governance.
Not original.Just now. I think Tulsi Gabbard should run as an Independent.When was the last time you had an original thought?So you would rather post other people’s thoughts? I ll explain why because you’re dumb. No one clicks on or reads your links. No one. You’re wasting your time. This is one of your few posts that I read because they were actually your words.Georgie any idiot can post pics. How about an original thought or two?Original thought?Georgie any idiot can post pics. How about an original thought or two?
Do you mean am I capable of thinking about something no one has ever thought of before?
No.
This is a board for political opinions not original thoughts.
Since there are many publishing regularly on the Internet who share my opinions and are more qualified than I to opine on these subjects, I link my beliefs to sources that I believe support my opinions.
Why would anyone post regularly online without taking advantage of the wealth of information existing there?
I said should. Here is another one. I think pro choice should be for both men and women. See I answer questions you dodge them.Not original.Just now. I think Tulsi Gabbard should run as an Independent.When was the last time you had an original thought?So you would rather post other people’s thoughts? I ll explain why because you’re dumb. No one clicks on or reads your links. No one. You’re wasting your time. This is one of your few posts that I read because they were actually your words.Georgie any idiot can post pics. How about an original thought or two?Original thought?Georgie any idiot can post pics. How about an original thought or two?
Do you mean am I capable of thinking about something no one has ever thought of before?
No.
This is a board for political opinions not original thoughts.
Since there are many publishing regularly on the Internet who share my opinions and are more qualified than I to opine on these subjects, I link my beliefs to sources that I believe support my opinions.
Why would anyone post regularly online without taking advantage of the wealth of information existing there?
Tulsi Gabbard rules out running as an independent presidential candidate - CNNPolitics
I owned a business once and decided who did what. If I had to share decision making,I would sell the business.
I don't blame corporations for not investing. I chose not to for reasons beyond the discussion here. If one does invest and improves their investments over time, I'm happy those folks are doing well.
I have what I want from life. My home tucked away in the Rocky Mountains, a wife I love dearly, a teenage daughter who always does her best to improve herself. I never wanted much. I'm a simple guy with simple needs.
All that said George, I do not believe workers have the right to be on the board to determine the directions the corporation makes. Plus, show me how you're going to do the same thing for public agencies. Wouldn't they be entitled to the same as those workers in private business sector?
Why should a corporation with over a billion in income have to get a federal charter for? What is the purpose for it?
I also must ask, what if these huge corporations tell the government "hell no" and move to a new country to base their operations from?
I'm not saying the current system is perfect, but let government force control of those companies to change is a recipe for disaster. Government has a proven track record of making things worse.
As I understand it, a federal charter would give the federal government the ability to ensure large corporations function for the benefit of all stakeholders, i.e., employees, vendors, surrounding communities and not for the sole purpose of maximizing shareholder value; they would no longer be allowed to foul the local air or water and pass the clean-up costs off on government.Why should a corporation with over a billion in income have to get a federal charter for? What is the purpose for it?
I also must ask, what if these huge corporations tell the government "hell no" and move to a new country to base their operations from?
Poor people have been getting things without paying for them for a long time, too.Would that taxpayer be among the richest ten percent of Americans?
Free Lunch - David Cay Johnston - Book Review
"'Free Lunch' consists of 26 chapters, each a case study of a corporation enriching itself through lax or solicitous government: beggar-thy-neighbor state and local tax breaks to lure businesses, government subsidies for sports stadium construction, electricity deregulation and so on."
Imho, rich people have been getting things without paying for them for as long as the USA has existed.
Over much of that time corporations have expanded their power largely through the courts.
Warren is calling for a democratic (congressional) reassessment of the political leverage corporations, and the investor class they fund, have acquired over the majority of Americans across the past two hundred years.
Thing is, the policies Warren insists we need, and you blindly parrot, will only put people out of work and dependent on government.
Despite what you've been led to believe, that is not a good thing.How did FDR respond when the owners of capital could not or would not provide jobs during the Great Depression?Poor people have been getting things without paying for them for a long time, too.
Thing is, the policies Warren insists we need, and you blindly parrot, will only put people out of work and dependent on government.
Despite what you've been led to believe, that is not a good thing.
Green New Deal - Wikipedia
Bad example. FDR's policies dragged out the great depression. In fact, FDRs policies caused a recession inside the great depression.
Similarly, the Green New Deal would only screw us over.FDR's New Deal put millions of Americans back to work when capitalists CRASHED the global economy in 1929. A Green New Deal would have a similar effect; however, rich parasites among the US investor class would not be among those who benefit.Bad example. FDR's policies dragged out the great depression. In fact, FDRs policies caused a recession inside the great depression.
First, off FDR's new deal, was entirely policies that Hoover had in place, before FDR came to power. They didn't restart the economy under Hoover, and certainly didn't under FDR.
Second, as we have posted the research on this before, by most estimates, the policy by FDR not only did not put people back to work, but likely dragged out the recession for decades.
Third, FDR's second New Deal, which was implemented from 1935 to 36, caused a recession during the great depression. Clearly the policies had a negative effect, and only the most foolish and ingnorant can't see what doesn't conform to their partisan belief system.
Forth, you are the most stupid of all partisan bigots, if you really think that investors will not benefit from the green new deal.
Link?First, off FDR's new deal, was entirely policies that Hoover had in place, before FDR came to power. They didn't restart the economy under Hoover, and certainly didn't under FDR.
