1%er$ Are Strangling Our Economy

Discussion in 'Economy' started by Mr. Shaman, Jun 11, 2011.

  1. Mr. Shaman
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    Mr. Shaman Senior Member

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    (....And, they've got plenty o' cash to coast towards Nov. 2012)

    *

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  2. Wacky Quacky
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    Wacky Quacky Silver Member

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    Jealous much?
     
  3. georgephillip
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    georgephillip Gold Member Supporting Member

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    "That’s because global capitalism today cannot provide young people with the kind of bright future they want and deserve. Adding to the pain is the lack of even a semblance of democratic institutions in most countries.

    "According to the International Labor Organization, youth unemployment in most of the world hovers around 20 percent with 'young people … nearly three times as likely as adults to be unemployed.'

    "In Tunisia, 46 percent of college degree holders lack jobs in their field. In Egypt, the Ministry of Investment was reduced to advertising to foreign capital the availability of 325,000 university graduates who enter the job market every year.

    "In Nigeria, the youth unemployment rate is estimated at 49 percent, leading one journalist there to call it 'a time bomb waiting to explode.'

    "In Italy the unemployment rate among youth is 28 percent, in France 25 percent and in Spain 40 percent. In the United States, the official unemployment rate among youth aged 16 to 24 is 19 percent, but the real rate is at least 25 percent."

    Privatization, deregulation and "liberalization" of capital have produced a world without jobs for its next generation.

    Suicidal much?

    Youth in Revolt | Truthout
     
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    Last edited: Jun 11, 2011
  4. iamwhatiseem
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    iamwhatiseem Gold Member

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    I get onion rings instead of fries sometimes.
     
  5. editec
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    editec Mr. Forgot-it-All

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    I cannot BLAME most companies that are sitting on oodles of cash for not investing it in job creation.

    There are people, PEOPLE WITH NAMES AND HISTORIES, who truly are guilty of crashing this economy.

    Turning their CRIMES (in COLLUSION with other PEOPLE IN THE GOVERNMENT... WHO ALSO HAVE NAMES) into a mindless class conflict screed is counter-productive.

    Capitalism is NOT the villian.

    GOVERNMENT is NOT the villian.

    Corruption of the capitalism system in collusion with a corrupted government IS the problem.


    Not every person with capital, not even every member of the TOP 1% or the top 1/10th of 1% is guilty of ANYTHING.

    What has happened is that we have allowed immoral people in some businesses to take over and control our government.

    That's exactly how they could CRASH the economy, GET PAID BY THE GOVERNMENT FOR DOING SO, and still nobody is guilty of any CRIME.

    It isn't a class war (yeah yeah, of course class is important, obviously)

    It's a battle for the SOUL of this nation.

    And MAMMON is winning, folks.
     
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    Last edited: Jun 11, 2011
  6. Mr. Shaman
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    Mr. Shaman Senior Member

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    If there's some fund to convince (tax-avoiding) 1%ers/high-roller$ that suicide would be preferential to some alternative-option, for them, send me a donation-envelope!!!!

    :clap2:
     
  7. bripat9643
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    bripat9643 Diamond Member

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    Where is the evidence that any of these countries have engaged in "privatization, deregulation or liberalization?"

    In fact, they have done just the opposite. Spain is the poster child for Obama's "green energy" agenda. France is the country socialists hold up as an example for the US to follow.

    You think Egypt, Tunisia and Nigeria are sterling examples of capitalism?

    Heritage Index of Economic Freedom:
    Hong Kong - 1
    Singapore - 2
    Australia - 3
    Spain - 31
    France - 64
    Italy - 87
    Egypt - 96
    Tunisia - 100
    Nigeria - 111

    Which countries are doing the best economically?
     
  8. Wacky Quacky
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    Wacky Quacky Silver Member

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    Which is in turn, the fault of the people. Who keeps voting in these corrupt politicians, we do. Who keeps spending money at the stores of these corrupt businesses, we do.

    You want corruption to stop, it's exceedingly simple and at the same time difficult. Make people care about their beliefs and morals more than they do party politics and saving a few dollars, problem solved. Now, making that happen is a different story all together.

    It always kills me to see these types of threads condemning the wealthy for "stealing" wealth from the middle class. They don't "steal" anything, the middle class is more than happy to "give" their hard earned money to these people. On top of that, with time and effort anyone can rise up and become wealthy, that's the american dream after all. Hard work and dedication to a good idea will make you successful.
     
  9. Mr. Shaman
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    Mr. Shaman Senior Member

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    Partly...

    We've got extremely greedy people, who've amassed more cash than they could possibly spend (thru whatever means, necessary)....who, for whatver reason....won't invest in anything, unless there's a 150% GUARANTEE they'll realize MAXIMUM-PROFIT$ in six-months, or less!!!

    They're an aberration o' the people who created this Country. Hell....immigrants (legal and/or illegal) share more attributes with our Founding Fathers than any o' these greedy-pricks. If there was an open-season on unproductive-people, it would be too easy deciding who's gotta "go", first.​
     
  10. Soggy in NOLA
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    Soggy in NOLA Platinum Member

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    I had today what was quite possibly, the best pastrami po-boy EVER.
     

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