Class Warfare? Rich 275% more wealthy with Voodoo, others 30% up. Pfffffft!!

[flacaltenn]

Class Warfare? Rich 275% more wealthy with Voodoo, others 30% up. Pfffffft!!

That Pffffft!! is the sound a fuse makes when it blows.... I can smell the smoke... Sorry to tell you Captn Crunch, but that CBO study is bastardized Govt propaganda.. I explained why yesterday in several places..

What SHOULD HAVE tipped you off is why the CBO is releasing a brand new report with data that ends in 2007... But then again, unless it's light, water, and fertilizer, most leftists won't respond to stuff like that..

There IS a wealth gap. I (we) don't care because attacking wealth is NOT gonna put America on a competitive course in the world. And from the looks of it -- encouraging Americans to educate themselves better would be a far bigger step towards "social justice" than mere distribution...

Workers’ share of national income plummets to record low
Workers

With a capitalistic economy that is driven 70% by consumer spending and the fact that the Middle Class is the core of the Consumer Class, how does one think our consumer driven economy can continue with trends like this?
Someone is holding down workers wages to drive higher profits and the few elites are reaping the rewards as they are the investor class that make their living off of their investments. This small but wealthy group is clealry becoming wealthy at the expense of flat wages for 80% of working Americans. And we are to let this greed driven class warfare continue at the expense of the US economy?

Really? So when you go buy a BIG SCREEN TV -- some US workers get jobs?? NO!! A big ship pulls into Long Beach from China and DELIVERS your TV to you..

BTW: How come those Chinese workers standard of living is GOING THRU THE ROOF while THEIR income inequities are also soaring.. Do THEY care about a wealth gap? Where did the investment in CHINA come from that enabled this astronomical growth of per capita income? Did it TRICKLE UP?

We need to get off of the mindless notion that "eating the rich" is gonna fix stagnant economies or keep our standard of living. There are real problems to fix. LEFTIST politics and Obama don't have a clue how all that works..

Go talk to the NBA Players who are drawing $23MIll salaries and STILL REFUSE to serve the public. THOSE are the 1%ers on strike for GREED ALONE.. Hell -- MANY of them make MORE than the CEO of Caterpillar and THEIR incomes have tripled from 1979 as well...

 

[kiwiman127]

That Pffffft!! is the sound a fuse makes when it blows.... I can smell the smoke... Sorry to tell you Captn Crunch, but that CBO study is bastardized Govt propaganda.. I explained why yesterday in several places..

What SHOULD HAVE tipped you off is why the CBO is releasing a brand new report with data that ends in 2007... But then again, unless it's light, water, and fertilizer, most leftists won't respond to stuff like that..

There IS a wealth gap. I (we) don't care because attacking wealth is NOT gonna put America on a competitive course in the world. And from the looks of it -- encouraging Americans to educate themselves better would be a far bigger step towards "social justice" than mere distribution...

Workers’ share of national income plummets to record low
Workers

With a capitalistic economy that is driven 70% by consumer spending and the fact that the Middle Class is the core of the Consumer Class, how does one think our consumer driven economy can continue with trends like this?
Someone is holding down workers wages to drive higher profits and the few elites are reaping the rewards as they are the investor class that make their living off of their investments. This small but wealthy group is clearly becoming wealthy at the expense of flat wages for 80% of working Americans. And we are to let this greed driven class warfare continue at the expense of the US economy?

Really? So when you go buy a BIG SCREEN TV -- some US workers get jobs?? NO!! A big ship pulls into Long Beach from China and DELIVERS your TV to you..

BTW: How come those Chinese workers standard of living is GOING THRU THE ROOF while THEIR income inequities are also soaring.. Do THEY care about a wealth gap? Where did the investment in CHINA come from that enabled this astronomical growth of per capita income? Did it TRICKLE UP?

We need to get off of the mindless notion that "eating the rich" is gonna fix stagnant economies or keep our standard of living. There are real problems to fix. LEFTIST politics and Obama don't have a clue how all that works..

Go talk to the NBA Players who are drawing $23MIll salaries and STILL REFUSE to serve the public. THOSE are the 1%ers on strike for GREED ALONE.. Hell -- MANY of them make MORE than the CEO of Caterpillar and THEIR incomes have tripled from 1979 as well...

So in others words,,,,let's continue the status quo! Yeah, the status quo is working really well in the US. Plutocracy in action.
People wonder why the Great Recession is dragging out so long, when one has an economy driven by a large group that has seen flat wages for decades, something has to give. With less expendable income each year for those who drive our economy, this ride is long from over.
This is similar to the conditions of the Great Depression. That was the last time the wealth gap was as large. It took years and years for the US to recover, just like what is happening now with the Great Recession. And people are wondering, will this recession ever end for a huge majority of Americans. Our country is spiraling downwards because of the status quo.

 

[flacaltenn]

Workers’ share of national income plummets to record low
Workers

With a capitalistic economy that is driven 70% by consumer spending and the fact that the Middle Class is the core of the Consumer Class, how does one think our consumer driven economy can continue with trends like this?
Someone is holding down workers wages to drive higher profits and the few elites are reaping the rewards as they are the investor class that make their living off of their investments. This small but wealthy group is clearly becoming wealthy at the expense of flat wages for 80% of working Americans. And we are to let this greed driven class warfare continue at the expense of the US economy?

Really? So when you go buy a BIG SCREEN TV -- some US workers get jobs?? NO!! A big ship pulls into Long Beach from China and DELIVERS your TV to you..

BTW: How come those Chinese workers standard of living is GOING THRU THE ROOF while THEIR income inequities are also soaring.. Do THEY care about a wealth gap? Where did the investment in CHINA come from that enabled this astronomical growth of per capita income? Did it TRICKLE UP?

We need to get off of the mindless notion that "eating the rich" is gonna fix stagnant economies or keep our standard of living. There are real problems to fix. LEFTIST politics and Obama don't have a clue how all that works..

Go talk to the NBA Players who are drawing $23MIll salaries and STILL REFUSE to serve the public. THOSE are the 1%ers on strike for GREED ALONE.. Hell -- MANY of them make MORE than the CEO of Caterpillar and THEIR incomes have tripled from 1979 as well...

So in others words,,,,let's continue the status quo! Yeah, the status quo is working really well in the US. Plutocracy in action.
People wonder why the Great Recession is dragging out so long, when one has an economy driven by a large group that has seen flat wages for decades, something has to give. With less expendable income each year for those who drive our economy, this ride is long from over.
This is similar to the conditions of the Great Depression. That was the last time the wealth gap was as large. It took years and years for the US to recover, just like what is happening now with the Great Recession. And people are wondering, will this recession ever end for a huge majority of Americans. Our country is spiraling downwards because of the status quo.

Absolutely NOT happy with the status quo.. NONE of us are.. The wealth gap may be symptom of the problems, but attacking that is not a fix. We need to do what all the Globalists TOLD US we needed to do two decades ago. And that was to prepare this country to adapt its workers and skill sets to tasks that DON'T involve menial cheap labor manufacturing. We need to continue to spawn NEW industries. Mostly in high tech areas where we still have some international lead. We need to create 21st Century manufacturing techniques that make "cheap labor" irrelevent.

The keys to saving this nation's economy are largely rethinking education as a life long affair, not a single degree -- and focusing on encouraging start-up high tech ventures that will provide jobs at all levels. Currently our education delivery hasn't changed much in 50 years and GOVT actions favor HUGE business over NEW business.

Just because the LEADERSHIP isn't talking about these things isn't an excuse. Politicians in general ignore the HARD stuff and focus on the trivial and the sound bites. We could just roll over on the rich and suck the remaining life out of what we got. Or -- we can work together on policy that lifts America out of decline.. Your choice ...............

BTW:: CHINESE leadership and Asian leadership in general UNDERSTAND this message. And they are determined to do what needs to be done to KEEP pulling their people out of poverty.. THEY are building robotic factories even WITH their "cheap labor" advantage. And they are preparing their education system to supply the required new skills and lifelong education support.

We need to get their quickly.. No time to waste on street theatre.

 

[kiwiman127]

Really? So when you go buy a BIG SCREEN TV -- some US workers get jobs?? NO!! A big ship pulls into Long Beach from China and DELIVERS your TV to you..

BTW: How come those Chinese workers standard of living is GOING THRU THE ROOF while THEIR income inequities are also soaring.. Do THEY care about a wealth gap? Where did the investment in CHINA come from that enabled this astronomical growth of per capita income? Did it TRICKLE UP?

We need to get off of the mindless notion that "eating the rich" is gonna fix stagnant economies or keep our standard of living. There are real problems to fix. LEFTIST politics and Obama don't have a clue how all that works..

Go talk to the NBA Players who are drawing $23MIll salaries and STILL REFUSE to serve the public. THOSE are the 1%ers on strike for GREED ALONE.. Hell -- MANY of them make MORE than the CEO of Caterpillar and THEIR incomes have tripled from 1979 as well...

So in others words,,,,let's continue the status quo! Yeah, the status quo is working really well in the US. Plutocracy in action.
People wonder why the Great Recession is dragging out so long, when one has an economy driven by a large group that has seen flat wages for decades, something has to give. With less expendable income each year for those who drive our economy, this ride is long from over.
This is similar to the conditions of the Great Depression. That was the last time the wealth gap was as large. It took years and years for the US to recover, just like what is happening now with the Great Recession. And people are wondering, will this recession ever end for a huge majority of Americans. Our country is spiraling downwards because of the status quo.

Absolutely NOT happy with the status quo.. NONE of us are.. The wealth gap may be symptom of the problems, but attacking that is not a fix. We need to do what all the Globalists TOLD US we needed to do two decades ago. And that was to prepare this country to adapt its workers and skill sets to tasks that DON'T involve menial cheap labor manufacturing. We need to continue to spawn NEW industries. Mostly in high tech areas where we still have some international lead. We need to create 21st Century manufacturing techniques that make "cheap labor" irrelevant.

The keys to saving this nation's economy are largely rethinking education as a life long affair, not a single degree -- and focusing on encouraging start-up high tech ventures that will provide jobs at all levels. Currently our education delivery hasn't changed much in 50 years and GOVT actions favor HUGE business over NEW business.

Just because the LEADERSHIP isn't talking about these things isn't an excuse. Politicians in general ignore the HARD stuff and focus on the trivial and the sound bites. We could just roll over on the rich and suck the remaining life out of what we got. Or -- we can work together on policy that lifts America out of decline.. Your choice ...............

BTW:: CHINESE leadership and Asian leadership in general UNDERSTAND this message. And they are determined to do what needs to be done to KEEP pulling their people out of poverty.. THEY are building robotic factories even WITH their "cheap labor" advantage. And they are preparing their education system to supply the required new skills and lifelong education support.

We need to get their quickly.. No time to waste on street theatre.

I can agree with much of what you posted.
I can't help attacking the uber wealthy because they certainly have a hand in the plight of the Middle Class by holding down wages for years. That approach has lined their pockets and hurt the US economy.

"We need to do what all the Globalists TOLD US we needed to do two decades ago. And that was to prepare this country to adapt its workers and skill sets to tasks that DON'T involve menial cheap labor manufacturing. We need to continue to spawn NEW industries. Mostly in high tech areas where we still have some international lead. We need to create 21st Century manufacturing techniques that make "cheap labor" irrelevant."

That is a mighty statement and I agree. My question is, who failed to listen to the Globalist? Was it the international corporations who decided to go offshore and save money? Did the government ignore the Globalist? Someone dropped the ball.


'The keys to saving this nation's economy are largely rethinking education as a life long affair, not a single degree -- and focusing on encouraging start-up high tech ventures that will provide jobs at all levels. Currently our education delivery hasn't changed much in 50 years and GOVT actions favor HUGE business over NEW business."

And I agree with the above statement as well. My question is, where does the funding come from to start up this process. It take hundreds of millions of dollars invested in just the technology and infrastructure to provide the tools and facilities to accommodate this start up project. Obviously it would be well worth it. Trade Schools would be the logical choice for such a move. I would think that possibly private investment by those who implement the new technology would be a start and this approach would be the most desirable. The question is, would industry invest in such a scenario with the current bottomline fixation.

 

[Londoner]

The upward transfer of wealth is quite obvious.

Business wanted higher profits at the expense of overpriced American Labor. So it invested heavily in a presidential candidate named Ronald Reagan. It also invested in a television station called Fox News, as well as an army of think tanks and radio personalities.

Big Business - through investments in Washington and rightwing media - spent 30 years convincing America to defund the middle class consumer in favor of tax cuts and favorable trade policies for the wealthy.

Essentially, they protected owners (subsidizing and bailing them out no matter what), while subjecting workers to competition with 3rd world labor markets.

As the jobs left and American wages/benefits stagnated, corporate profits shot-up to unprecedented levels. Reagan promised the opposite. He said rising profits would lift all boats. Profits now function inversely to jobs/wages.

Where did the rising profits go, if not into solid American jobs?

Answer: the Wall Street speculative casino. First, they hollowed out the American job market (and replaced higher wages with expanded credit), then they began to make money from the manipulation of securities and derivatives (until they destroyed the economy and were bailed out. Now they're waiting for the next criminally risky speculative play)

But, you might ask, why don't they invest in the real economy of jobs and services? Answer: because they spent the last 30 years defunding the middle class consumer, that is to say: they have no more consumers left. Worse: they can no longer loan them ficticious money because the middle class has reached its debt limit.

Game over.

From 1945-1973: America made sure that rising profits were tied to wages/benefit. The American worker participated in economic growth and national prosperity. Where wages were not sufficient, there were a host of extra-market programs & mechanisms that assured the middle class had an affordable cost of living, e.g., publicly subsidized education, affordable Health Care (before BlueCross has an army of shareholders to grease), etc.

From 1980-????: America de-coupled profits from wages/benefits, making instead the promise that the market would take care of it, i.e., the money would trickle down in the form of increased domestic investment, innovation, and competitive pricing. Indeed, wages and benefits would shoot-up along with the staggering profits, as we were promised. ("Trust us. It's not like we're going to abscond with all the nation's wealth and put the middle class on credit cards. No way! We're the job creators") Who knew it was Orwellian voodoo designed to transfer wealth upward, as jobs were shipped overseas and monopolies formed over many of our most vital delivery systems.

America swallow poison in 1980. Reaganomics spent 30 years destroying a vital economic organ: the middle class. Without mass consumer demand, the country dies. Game over.

 

[flacaltenn]

So in others words,,,,let's continue the status quo! Yeah, the status quo is working really well in the US. Plutocracy in action.
People wonder why the Great Recession is dragging out so long, when one has an economy driven by a large group that has seen flat wages for decades, something has to give. With less expendable income each year for those who drive our economy, this ride is long from over.
This is similar to the conditions of the Great Depression. That was the last time the wealth gap was as large. It took years and years for the US to recover, just like what is happening now with the Great Recession. And people are wondering, will this recession ever end for a huge majority of Americans. Our country is spiraling downwards because of the status quo.

Absolutely NOT happy with the status quo.. NONE of us are.. The wealth gap may be symptom of the problems, but attacking that is not a fix. We need to do what all the Globalists TOLD US we needed to do two decades ago. And that was to prepare this country to adapt its workers and skill sets to tasks that DON'T involve menial cheap labor manufacturing. We need to continue to spawn NEW industries. Mostly in high tech areas where we still have some international lead. We need to create 21st Century manufacturing techniques that make "cheap labor" irrelevant.

The keys to saving this nation's economy are largely rethinking education as a life long affair, not a single degree -- and focusing on encouraging start-up high tech ventures that will provide jobs at all levels. Currently our education delivery hasn't changed much in 50 years and GOVT actions favor HUGE business over NEW business.

Just because the LEADERSHIP isn't talking about these things isn't an excuse. Politicians in general ignore the HARD stuff and focus on the trivial and the sound bites. We could just roll over on the rich and suck the remaining life out of what we got. Or -- we can work together on policy that lifts America out of decline.. Your choice ...............

BTW:: CHINESE leadership and Asian leadership in general UNDERSTAND this message. And they are determined to do what needs to be done to KEEP pulling their people out of poverty.. THEY are building robotic factories even WITH their "cheap labor" advantage. And they are preparing their education system to supply the required new skills and lifelong education support.

We need to get their quickly.. No time to waste on street theatre.

I can agree with much of what you posted.
I can't help attacking the uber wealthy because they certainly have a hand in the plight of the Middle Class by holding down wages for years. That approach has lined their pockets and hurt the US economy.

"We need to do what all the Globalists TOLD US we needed to do two decades ago. And that was to prepare this country to adapt its workers and skill sets to tasks that DON'T involve menial cheap labor manufacturing. We need to continue to spawn NEW industries. Mostly in high tech areas where we still have some international lead. We need to create 21st Century manufacturing techniques that make "cheap labor" irrelevant."

That is a mighty statement and I agree. My question is, who failed to listen to the Globalist? Was it the international corporations who decided to go offshore and save money? Did the government ignore the Globalist? Someone dropped the ball.


'The keys to saving this nation's economy are largely rethinking education as a life long affair, not a single degree -- and focusing on encouraging start-up high tech ventures that will provide jobs at all levels. Currently our education delivery hasn't changed much in 50 years and GOVT actions favor HUGE business over NEW business."

And I agree with the above statement as well. My question is, where does the funding come from to start up this process. It take hundreds of millions of dollars invested in just the technology and infrastructure to provide the tools and facilities to accommodate this start up project. Obviously it would be well worth it. Trade Schools would be the logical choice for such a move. I would think that possibly private investment by those who implement the new technology would be a start and this approach would be the most desirable. The question is, would industry invest in such a scenario with the current bottomline fixation.

The ball got dropped when the going got tough. Notice how little guidance we're getting NOW in the MIDDLE of an economic contraction from our "leaders"..

We took Shop class out of High School and dropped Vocational programs. We've cannibalized individual performance in grade school as a "bad thing". But the main problem is that there are embedded interests directly in the way of modernizing education delivery. Virtual High Schools are possible now and are being fought tooth and nail by the Unions. The idea of stretching out a BS or BA degree over the 1st ten years of employment needs to be considered. As well as accumulating degrees over a LIFETIME a course or two at a time. We need RADICAL new concepts of what a JOB even is. Because since AUTOMATION is a bigger threat to low skilled labor than "cheap labor" is, folks are gonna have to be more flexible in how they work and contribute..

Same deal for easing the restrictions for start-up businesses. I posted a couple charts of IPO (Initial Public Offerings) over in the Economy forum.. We are in a DESERT in terms of spawning new ideas and businesses. ("Here's a Real Problem")

THAT'S the disease. Got nothing to do with the Kardashians, or PGA Tour Golfers, or cardiac surgeons stealing from others. Seems like folks are fighting over life jackets rather than organizing a rescue of the ship.....

If we're not smarter and more agile -- you KNOW what Darwin says don't you? The Clowns in Washington can't protect your endangered asses forever...

 

[TheDecepticon]

Reaganomics has caused middle income wages to stagnate while CEO pay goes up 270%.
Reaganomics has caused income mobility (the ability to move UP the socio-economic scale) to stagnate.
Meanwhile, the conservative SCUM reach into our social programs and cut them out bit by bit, handing these tidbits over to their uber-wealthy overlords. But their overlords are NEVER satisified. They demand MORE AND MORE sacrifice of everyone but themselves.

 

[flacaltenn]

The upward transfer of wealth is quite obvious.

Business wanted higher profits at the expense of overpriced American Labor. So it invested heavily in a presidential candidate named Ronald Reagan. It also invested in a television station called Fox News, as well as an army of think tanks and radio personalities.

Big Business - through investments in Washington and rightwing media - spent 30 years convincing America to defund the middle class consumer in favor of tax cuts and favorable trade policies for the wealthy.

Essentially, they protected owners (subsidizing and bailing them out no matter what), while subjecting workers to competition with 3rd world labor markets.

As the jobs left and American wages/benefits stagnated, corporate profits shot-up to unprecedented levels. Reagan promised the opposite. He said rising profits would lift all boats. Profits now function inversely to jobs/wages.

Where did the rising profits go, if not into solid American jobs?

Answer: the Wall Street speculative casino. First, they hollowed out the American job market (and replaced higher wages with expanded credit), then they began to make money from the manipulation of securities and derivatives (until they destroyed the economy and were bailed out. Now they're waiting for the next criminally risky speculative play)

But, you might ask, why don't they invest in the real economy of jobs and services? Answer: because they spent the last 30 years defunding the middle class consumer, that is to say: they have no more consumers left. Worse: they can no longer loan them ficticious money because the middle class has reached its debt limit.

Game over.

From 1945-1973: America made sure that rising profits were tied to wages/benefit. The American worker participated in economic growth and national prosperity. Where wages were not sufficient, there were a host of extra-market programs & mechanisms that assured the middle class had an affordable cost of living, e.g., publicly subsidized education, affordable Health Care (before BlueCross has an army of shareholders to grease), etc.

From 1980-????: America de-coupled profits from wages/benefits, making instead the promise that the market would take care of it, i.e., the money would trickle down in the form of increased domestic investment, innovation, and competitive pricing. Indeed, wages and benefits would shoot-up along with the staggering profits, as we were promised. ("Trust us. It's not like we're going to abscond with all the nation's wealth and put the middle class on credit cards. No way! We're the job creators") Who knew it was Orwellian voodoo designed to transfer wealth upward, as jobs were shipped overseas and monopolies formed over many of our most vital delivery systems.

America swallow poison in 1980. Reaganomics spent 30 years destroying a vital economic organ: the middle class. Without mass consumer demand, the country dies. Game over.

Londoner.. Fighting against Reagan is also NOT a solution.. NO ONE wants to do him or even Clinton anymore.. Am I wrong???

But just for grins --- China has experienced one of the most DRAMATIC increases in per capita wages EVER... Was that a Trickle up success? Who FUNDED the Chinese industrial expansion? Do THEY care about their increasing wealth gap right now?? Get a clue...

 

[Listening]

why do people on the right want the corporations to have all the power and to GUT the only power the masses have, the government?

And why do people on the left not understand that many on the right wish corporations like the ones on Wall Street and GM would be allowed to fail; don't want them to have the kind of unfair advantages that government gives them; wishes their CEO's could actually be fired by their stockholders ?

What part of Big Corp = Big Govt don't you understand ?

 

[francoHFW]

Actually, that Pfffft! means the Neocon philosophy has been proven historically and philosophically bankrupt, believed now only by the bought off and brainwashed...assume the position, greedy Pubs, and silly dupes, pay attention.

 

[francoHFW]

why do people on the right want the corporations to have all the power and to GUT the only power the masses have, the government?

And why do people on the left not understand that many on the right wish corporations like the ones on Wall Street and GM would be allowed to fail; don't want them to have the kind of unfair advantages that government gives them; wishes their CEO's could actually be fired by their stockholders ?

What part of Big Corp = Big Govt don't you understand ?

Wrong. Did anyone tell you TARP was Boooosh's idea. And maybe another Pub Great Depression with GM and all it's suppliers crashing not a great idea?

Gov't good regulation would have avoided all this Pub mess...

 

[flacaltenn]

Actually, that Pfffft! means the Neocon philosophy has been proven historically and philosophically bankrupt, believed now only by the bought off and brainwashed...assume the position, greedy Pubs, and silly dupes, pay attention.

Good to know because that Pffffft!!! sound in laboratory usually means that things are blowing up and it makes me nervous.. Too bad for you -- it means Pelosi, Reed, and Obama are history and those dupes and brainwashed adults in Pub party are gonna get rewarded for your arrogance and incompentence..

PffffffTTT!!!

 

[francoHFW]

Reaganomics has caused middle income wages to stagnate while CEO pay goes up 270%.
Reaganomics has caused income mobility (the ability to move UP the socio-economic scale) to stagnate.
Meanwhile, the conservative SCUM reach into our social programs and cut them out bit by bit, handing these tidbits over to their uber-wealthy overlords. But their overlords are NEVER satisified. They demand MORE AND MORE sacrifice of everyone but themselves.

All true, but CEO pay has gone from 25x average worker in 50's to 50x in 1980 to 350-400x today- or 700%!
Reaganism has been a total catastrophe in both foreign affairs AND domestically.And people are disgusted with their no compromise, un-Amerian (TIME) BS in opposition. Feg em...OBAMAHHHHH!

 

[flacaltenn]

Reaganomics has caused middle income wages to stagnate while CEO pay goes up 270%.
Reaganomics has caused income mobility (the ability to move UP the socio-economic scale) to stagnate.
Meanwhile, the conservative SCUM reach into our social programs and cut them out bit by bit, handing these tidbits over to their uber-wealthy overlords. But their overlords are NEVER satisified. They demand MORE AND MORE sacrifice of everyone but themselves.

All true, but CEO pay has gone from 25x average worker in 50's to 50x in 1980 to 350-400x today- or 700%!
Reaganism has been a total catastrophe in both foreign affairs AND domestically.And people are disgusted with their no compromise, un-Amerian (TIME) BS in opposition. Feg em...OBAMAHHHHH!

Just like I'll never hear a response from SAT again.. I fully expect you'll ignore this observation..

Most CEOs are earning FAR LESS than NBA stars (or even a lot of authors, or movie stars). So why is this YOUR business? You have a beef with Lady GaGa??

Furthermore, the sizes of the companies that they run have EASILY multiplied by 5 since 1950.. There's a big diff between running a corporation in Muncie in 1954, and managing an 81 company GLOBAL conglomerate with 1200 operating locations in 2010. CEO salary has tracked the capitalization value of most of the large multinationals.

I think you've just chosen to oppose the rich selectively for purely political reasons. Because the 1% you're so fixated on only has about 14% of it's membership in financing or corporate management. The rest are Hollywood types, sports figure, surgeons, authors, music stars and worthless TV reality scumbags like the Jersey Shore crowd.

Wanna compare the skill set and work output of Snooky with the typical Corporate CEO??

Didn't think so... You got no plan. You got no sense of consistency. All you got is what you've been programmed to do by your political handlers.. Maybe that's why your favorite phrase seems to be "dupes"...