Truthmatters
Diamond Member
- May 10, 2007
- 80,182
- 2,272
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- Thread starter
- Banned
- #421
why do you call it theft ONLY when refering to the wealthist Americans?
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why do you call it theft ONLY when refering to the wealthist Americans?
How long is that cool aid going to take to knock you on your ass!
How's the debt level distributed between the rich and the rest of America?The richest 1% of Americans earned about 9% of US income forty years ago; they currently "earn" nearly 25%. .
So?????????????????????
1) the top 1% now pay 42% of all Federal income tax. No country depends more on the top 1% than the USA
2) if you think gap is too big between top pay and bottom pay do you want to steal from the top and give welfare or help bottom earn more?? Why?
Nah, my expectations are about the same. Things are pretty easy for us over the past decade.Welcome my friends!
Welcome to the New Normal.
Lower those expectations and be happy sheep!
why do you call it theft ONLY when refering to the wealthist Americans?
How's the debt level distributed between the rich and the rest of America?The richest 1% of Americans earned about 9% of US income forty years ago; they currently "earn" nearly 25%. .
So?????????????????????
1) the top 1% now pay 42% of all Federal income tax. No country depends more on the top 1% than the USA
2) if you think gap is too big between top pay and bottom pay do you want to steal from the top and give welfare or help bottom earn more?? Why?
Have you noticed any billionaires sleeping in their cars since the housing bubble burst?
Do you think the rich pay the same percentage of their total income in all forms of taxation as the middle class does?
Why should hedge fund parasites pay 15% on their income while productive labor pays 35%?
How much more of the pie does the richest 1% of Americans deserve?
I hope we finally start getting some traction on this slow and fragile economic recovery,
1) keep in mind that after all these years we could be due for another recession
2) also keep in mind what a recession is:
Econ 101: A recession is the time it takes an economy to recover from government interference.
With a near communist "Interferer in Chief" in the White House it is no surprise at all that we are still barely recovering.
How's the debt level distributed between the rich and the rest of America?The richest 1% of Americans earned about 9% of US income forty years ago; they currently "earn" nearly 25%. .
So?????????????????????
1) the top 1% now pay 42% of all Federal income tax. No country depends more on the top 1% than the USA
2) if you think gap is too big between top pay and bottom pay do you want to steal from the top and give welfare or help bottom earn more?? Why?
Have you noticed any billionaires sleeping in their cars since the housing bubble burst?
Do you think the rich pay the same percentage of their total income in all forms of taxation as the middle class does?
Why should hedge fund parasites pay 15% on their income while productive labor pays 35%?
How much more of the pie does the richest 1% of Americans deserve?
The richest 1% of Americans earned about 9% of US income forty years ago; they currently "earn" nearly 25%. .
So?????????????????????
1) the top 1% now pay 42% of all Federal income tax. No country depends more on the top 1% than the USA
2) if you think gap is too big between top pay and bottom pay do you want to steal from the top and give welfare or help bottom earn more?? Why?
why did the Bush SEC hold back the broker rules in GLBact for 8 years?
Come on man, China's middle class has only expanded very recently. Most of the people willing to work for pennies that triggered their industrial revolution into a manufacturing powerhouse weren't their middle class, they were the impoverished rural folk migrating to large cities to work.Over the last four decades American investors have found a much larger middle class in places like China, India, and Brazil, filled with wage slaves willing to work for pennies.
US workers are being sacrificed because we as consumers like cheap stuff. The $10 shirt and $20 mp3 player are more important to us than johnny factory worker making a salary that can support a middle class lifestyle.Since Republicans AND Democrats depend on the investor class to fund their election campaigns, US workers are being sacrificed on an alter of austerity to insure the richest Americans continue to prosper.
why did the Bush SEC hold back the broker rules in GLBact for 8 years?
Because it was the law of the land.
Thanks to whom?
Come on now TM, are you an honest player here or a partisan?
You can do it.
Please idenitify what POTUS AND WHAT PARTY made it impossible to control the mess that DERIVATIVES caused in 2007-2008.
I KNOW you can do it.
You CAN be an honest player.
SEC Votes for Final Rules Defining How Banks Can Be Securities Brokers
Eight Years After Passage of the Gramm-Leach-Bliley Act, Key Provisions Will Now Be Implemented
FOR IMMEDIATE RELEASE
2007-190
Washington, D.C., Sept. 19, 2007 - Ending eight years of stalled negotiations and impasse, the Commission today voted to adopt, jointly with the Board of Governors of the Federal Reserve System (Board), new rules that will finally implement the bank broker provisions of the Gramm-Leach-Bliley Act of 1999. The Board will consider these final rules at its Sept. 24, 2007 meeting. The Commission and the Board consulted with and sought the concurrence of the Office of the Comptroller of the Currency, Federal Deposit Insurance Corporation, and Office of Thrift Supervision.