Plutonomics

Discussion in 'Politics' started by loosecannon, Jan 4, 2011.

  1. loosecannon
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    loosecannon Senior Member

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    Citigroup Oct 16, 2005 Plutonomy Report Part 1

     
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  2. Gunny
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    Gunny Gold Member

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    I disagree, but at least you bring some debate skills.
     
  3. loosecannon
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    loosecannon Senior Member

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    Plutonomics - The Wealth Report - WSJ

    indeed!
     
  4. loosecannon
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    loosecannon Senior Member

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    Thanks, Gunny. I am just quoting Citibank and the WSJ and their own characterizations of a national economy that is increasingly driven by the slimmest minority of it's pop.
     
  5. Gunny
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    Gunny Gold Member

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    Okay. If you are going to make this argument, you would have to have a list of the stockholders of Citibank, and their respective political affiliations. If the majority stockholder is on the right at 51%, and the minority 49% left, it's a wash politically.

    We're a nation of power and money, and BOTH hands are dirty.

    I'll just repeat my stance from the last Presidential election .... Republican'ts doing nothing is better than Democraps doing something that screws everything up.

    Sad but true.
     
  6. CrusaderFrank
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    CrusaderFrank Diamond Member

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    Does Prosperity cause high wages or do high wages cause Prosperity?

    Think before answering because you can get this very wrong and fuck a country up like Hoover and FDR did
     
  7. Gunny
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    Gunny Gold Member

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    You're deflecting. That's not what he addressed. DO the banks own our asses? Yes.

    Try going big picture.

    Who owns the banks?
     
  8. loosecannon
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    loosecannon Senior Member

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    I don't think that the ruling elite are divided along the same political spectrum that we are, Gunny. Soros, Gates, Buffet all contribute to dems or more often both parties. Goldman Sachs was Obama's leading private campaign supporter.

    I believe that the elite and the rest of us are increasingly divided politically according to our wealth, and the two parties both deliver what they, the elite, want.

    Since 2008 evidence of that is everywhere.

    It seems to be true, but Obama isn't the only dem. And if the repubs took the senate and the WH I expect they would just extend the losing streak of the last two presidents.
     
    Last edited: Jan 4, 2011
  9. loosecannon
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    loosecannon Senior Member

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    whose prosperity? Whose wages?
     
  10. Gunny
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    Gunny Gold Member

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    Obama's a rock star. Just a face on the cover of a magazine. However, so was Bush. The face applied to an alleged belief.

    I agree. This is, and always has been class warfare from day one. The wealthy snooker the poor into any and everything with contrived bullshit, to include fighting their dumbass wars for power and money for them.

    If you're waiting for an intelligent response HERE, good luck.
     
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