The Greatest Redistribution of Income in History

[georgephillip]

Next time, try "I want what you have worked so hard for, handed to me for nothing"

It's a lot more to the point.

Thanks.

How hard must one work to earn $150,000,000 in one year (that's one-hundred-and-fifty-million dollars)? Are you truly naive enough to believe that the concept of "work," in the accepted sense of the word, has a place in this equation?

It amazes me how so many who are willing to defend this kind of exploitive, ruinously capitalistic excess either haven't a pot to piss in or any hope of ever earning more than $50k a year -- for which they will need to bust their asses at jobs they hate.

What motivates these right wing dupes? Vain, onanistic hope? They are like an army of marching gnomes who happily carry the lubricant for the giant who eventually will hold them down and screw them in their asses.

Does the propaganda work without profit?

"What is the propaganda model and how does it work?

"The crucial structural factors derive from the fact that the dominant media are firmly imbedded in the market system.

"They are profit-seeking businesses, owned by very wealthy people (or other companies); they are funded largely by advertisers who are also profit-seeking entities, and who want their ads to appear in a supportive selling environment.

"The media are also dependent on government and major business firms as information sources, and both efficiency and political considerations, and frequently overlapping interests, cause a certain degree of solidarity to prevail among the government, major media, and other corporate businesses.

"Government and large non-media business firms are also best positioned (and sufficiently wealthy) to be able to pressure the media with threats of withdrawal of advertising or TV licenses, libel suits, and other direct and indirect modes of attack.

"The media are also constrained by the dominant ideology, which heavily featured anticommunism before and during the Cold War era, and was mobilized often to prevent the media from criticizing attacks on small states labeled communist."

 

[georgephillip]

Next time, try "I want what you have worked so hard for, handed to me for nothing"

It's a lot more to the point.

Thanks.

How hard must one work to earn $150,000,000 in one year (that's one-hundred-and-fifty-million dollars)? Are you truly naive enough to believe that the concept of "work," in the accepted sense of the word, has a place in this equation?

I amazes me how so many who are willing to defend this kind of exploitive, ruinously capitalistic excess either haven't a pot to piss in or any hope of ever earning more than $50k a year -- for which they will need to bust their asses at jobs they hate.

What motivates these right wing dupes? Vain, onanistic hope? They are like an army of marching gnomes who happily carry the lubricant for the giant who eventually will hold them down and screw them in their asses.

You do realize that there isn't some finite pile of money somewhere, that the rich got to before you did, don't you?

Is money a commodity?

"As this chart shows, the US is cranking out multimillionaires at a record pace with super-rich (more than $10M) households doubling in the past decade.

"What’s scary is that doubling the amount of people who have more than $10M per household (from 300K to 600K) means there’s $3,000,000,000,000 less available for the other 98% of the of the households as MONEY IS A COMMODITY and can only be possessed by one person OR another."

 

[georgephillip]

The Republican base are the ones talking revolution. What is it those dumb fucks plan to do other than "make things different"?

Obama ran on nothing more than "hope" and "change"...and you bought it.

Making things different that what they are now is a good thing.

FLUSHING Obama in 2012 seems like a good place to start.

 

[Trajan]

Next time, try "I want what you have worked so hard for, handed to me for nothing"

It's a lot more to the point.

Thanks.

How hard must one work to earn $150,000,000 in one year (that's one-hundred-and-fifty-million dollars)? Are you truly naive enough to believe that the concept of "work," in the accepted sense of the word, has a place in this equation?

I amazes me how so many who are willing to defend this kind of exploitive, ruinously capitalistic excess either haven't a pot to piss in or any hope of ever earning more than $50k a year -- for which they will need to bust their asses at jobs they hate.

What motivates these right wing dupes? Vain, onanistic hope? They are like an army of marching gnomes who happily carry the lubricant for the giant who eventually will hold them down and screw them in their asses.

You do realize that there isn't some finite pile of money somewhere, that the rich got to before you did, don't you?

and on that note, you forgot to tip the waiter....

 

[Old Rocks]

Quit reading the rank covetousness after that.

Try another note, tovarich.

Read this, Rothschild:

"The official US poverty numbers show we now have the highest number of poor people in 51 years.

"The official US poverty rate is 14.3 percent or 43.6 million people in poverty.

"One in five children in the US is poor; one in ten senior citizens is poor. Source: US Census Bureau."

The Class War

While taxation and regulation, at all levels, have never been higher.

If you think the two are unrelated, you're a bigger fool than even I had imagined.

bullshit. Show how this is true for this nation

 

[georgephillip]

Pure envy. Digusting.

Our "poor" are among the richest 5% of people in the world. Our "poor" are obese. Our "poor" have color TV's, cell phones, cars, xboxes, etc, etc. Along with free housing, healthcare, education, food, and handout cash.

Get over it. Our rich are rich. Our poor are rich. Our country is rich. You live in modern Rome. Enjoy.

Define "poor."

For the last year my monthly income has consisted of two parts:
SSA - $612/month
Part Time Job - ~$650/ month

I was notified today my part time job would be discontinued 6/30/11 due to budget cuts.

Kindly point out that "free housing." (No jails, please)

 

[georgephillip]

It is very sad that some, no matter what is presented, cannot tell conspiracy from reality.... Either they are really stupid and incapable of personal higher cognitive function, or are true blue enemy subversives of God and the Republic...

I laid out a clear cut pattern in the presentation of real topics and events outlined in the articles. I guess they are all imaginary in some depraved minds.... Some can be helped and some were just born that way.... They do not have the wisdom to know the difference.....

Great post by the way....

Here is more on the China scourge...

Lang Lang Chinese Pianist Plays Anti-American Song at US State Dinner

Lang Lang Chinese Pianist Plays Anti-American Song at US State Dinner | Maggie's Notebook

O.K., Japan Isn't Taking Over the World. But China...

http://www.nytimes.com/2005/07/03/weekinreview/03port.html?_r=1

China taking over US banks

China taking over US banks

Wal-Mart, the US retailer taking over the world by stealth

An investigation of five factories supplying Wal-Mart by China Labour Watch found "illegal and degrading conditions" according to a report released in November by the New York-based human rights group.

Wal-Mart: the US retailer taking over the world by stealth | Business | The Guardian

http://www.youtube.com/watch?v=UrFvRn2zf5s&feature=player_embedded

If the Chinese ever buy the Pentagon, I guess we can forget about having conversations like this one.

Capitalism has been waiting centuries for the Peoples' Republic.

 

[georgephillip]

Quit reading the rank covetousness after that.

Try another note, tovarich.

Read this, Rothschild:

"The official US poverty numbers show we now have the highest number of poor people in 51 years.

"The official US poverty rate is 14.3 percent or 43.6 million people in poverty.

"One in five children in the US is poor; one in ten senior citizens is poor. Source: US Census Bureau."

The Class War

While taxation and regulation, at all levels, have never been higher.

If you think the two are unrelated, you're a bigger fool than even I had imagined.

Are you drinking?

Weren't income tax rates around 90% during Ike's Administration?

Should we compare corporate tax rates then and now?

 

[zeitgeist2012]

You are good George...LOL....

 

[georgephillip]

To address the idea which apparently has been placed in your head by one or more of the neo-conservative propagandists you obviously are parroting, we who oppose this systematic destruction of our Nation's economy are not "envious" of wealth. We have no problem with wealth but rather with excessive wealth. And if you would allow yourself to think for yourself and to contemplate the damage being done to America by Reaganomics you might be able to understand that what you've been led to perceive as envy is in fact concern with the damage being done to our Country by systematic greed.

Right....The neocons have thought ideas into my head...Shows that you know nothing about me.


Anyways, who gets to decide what's "excessive" and what's "necessary" wealth?

Hopefully not those who currently decide excessive entitlements and necessary wars.

What ARE the rich doing to make your life better?

 

[shintao]

Pure envy. Digusting.

Our "poor" are among the richest 5% of people in the world. Our "poor" are obese. Our "poor" have color TV's, cell phones, cars, xboxes, etc, etc. Along with free housing, healthcare, education, food, and handout cash.

Not to bright are you Dufus? Do you think people have been fucking poor all their lives and couldn't at some point have bought all that shit you listed?? LMAO!!! Hell, I bet there are poor sleeping in their cabin cruisers, limos and airplanes with 60 inch plasma TVs wearing fur coats & decked out in gold jewelry.

You people do get rich & do get poor in this lovely capitalist system you embrace, where everyday is a chance spin on the big wheel if you are headed up or down. Jus saying, don't be a dip shit, you may be next.

 

[zeitgeist2012]

George, if you get the time you can look over some of the socioeconomic and political research I have been doing for a number of years. The funny thing about it is that a lot of the recent info being put out today was lacking to back up much of what I observed and tried to record....

zeitgeist2012's Blog | Obama's War & SSI SubCulture

 

[georgephillip]

Clearly, the greatest redistribution of wealth happened first, under Bush, when more than a trillions dollars went to the top 1%. Then when the Republicans held the US unemployed hostage, forcing Obama to send another trillion to the same millionaires and billionaires.

Take a look at the insurance company Cigna. A few years ago, the CEO received a 120 MILLION dollar paycheck. This from a "middle man". A company without doctors or nurses or hospitals that sets up health care between doctors and patients.

How many policies do you have to skim to make a single 120 million dollar paycheck. Add the two private jets, the other executives. The dropped policies of sick people. This is one tiny reason how wealth is "transferred". Then you have Republicans defending this.

Cigna: Authentic Death Panels

You might also consider how Democrats could have framed health care reform by removing three words from the original 1965 Medicare Act:
Citizens over sixty five
becomes
Citizens.(period)

Had Obama gone after Wall Street the way Roosevelt did, the right would not have acquired nearly as much popular support as it did, and single payer would have been on everybody's table.

In 2008 Wall Street went looking for a rock star with roots to Lincoln and found one. He will probably be even more useful to Goldman Sachs in 2012 and beyond.

 

[Avatar4321]

In 2008 Wall Street went looking for a rock star with roots to Lincoln and found one. He will probably be even more useful to Goldman Sachs in 2012 and beyond.

Lincoln? Wall Street? Obama?

Seriously, this is ridiculous.

 

[georgephillip]

Pure envy. Digusting.

Our "poor" are among the richest 5% of people in the world. Our "poor" are obese. Our "poor" have color TV's, cell phones, cars, xboxes, etc, etc. Along with free housing, healthcare, education, food, and handout cash.

Get over it. Our rich are rich. Our poor are rich. Our country is rich. You live in modern Rome. Enjoy.

You're right about the comparison with Rome but why are you apparently content to allow it to continue? Are you content to see America go the way of Rome? Because it surely is headed in that direction.

Step outside your mindset and have a look around. While America's former poor had all the things you've listed today's poor Americans are homeless and their number is growing. Are you certain beyond doubt that the source of their misfortune cannot reach to you? If so, why? What do you know that caught so many others by surprise?

Re: the "envy" factor; you would do yourself a favor by tuning out Beck, Limbaugh and Hannity. They are millionaire propagandists who are dedicated to bending your mind, which they apparently are doing.

If the Federal Reserve loses control while trying to monetize the US debt and turns every $10 bill in the country into a $5 (or worse), millions of us will get the biggest (and last) surprise of our lives.

Nature abhors all vacuums including economic ones. Eventually the gap between the rich and the rest will widen here to a scale where non violent solutions become impractical.

In a continental superpower with more private guns than human beings.

 

[georgephillip]

My own laziness and poor choices don't change the fact that since the mid 70s it has become impossible for a middle class family to live on one income.

I support my family with one income.

Do you and yours enjoy any economic privileges the majority of Americans don't?

 

[MikeK]

All that, after more than 50 years of the socialistic welfare state.

So, is that supposed to be evidence of success?

The "socialistic welfare" state that brought about America's most prosperous and productive years (40s to 80s) was sabotaged by Ronald Reagan. Bill Clinton tried to repair some of the damage with some level of success but George W. Bush ravaged those efforts and did his best to follow the corporatist agenda by bankrupting the middle class and transferring its wealth to his "base."

Again, you need to tune away from the propaganda being fed to you by millionaires on behalf of billionaires. I don't say this to offend you but merely to advise you. You've been misled and you are working against your own best interests. Unless you are exceptionally wealthy you are standing on the wrong side of the present reality.

 

[georgephillip]

In 2008 Wall Street went looking for a rock star with roots to Lincoln and found one. He will probably be even more useful to Goldman Sachs in 2012 and beyond.

Lincoln? Wall Street? Obama?

Seriously, this is ridiculous.

Is it?

According to Timothy P. Carney'sObamanomics copyright 2009 P.13 Goldman Sachs provided Obama with four times as much money as it did McCain - $997,095 to 230,095.

"Microsoft employees were even more one-sided, giving Obama more than ten times more money than McCain."

Neither Obama nor any other Republican or Democrat can get close to the White House without Wall Street's blessing.

It's how the US government socializes cost and privatizes profit

 

[MikeK]

The Republican base are the ones talking revolution. What is it those dumb fucks plan to do other than "make things different"?

Obama ran on nothing more than "hope" and "change"...and you bought it.

Making things different that what they are now is a good thing.

FLUSHING Obama in 2012 seems like a good place to start.

I do hope the DNC puts up a suitable alternative to this self-serving neo-conservative mole.

 

[kiwiman127]

There have been quite a few threads on this subject and many facts thrown out there that support the redistribution of wealth upwards.
The right's responses are tiresome and consistently lack facts, their favorite response "SOCIALISM" screamed in unison. Where are the facts that dispute this redistribution of wealth upwards? I haven't seen one.
As a poster eloquently pointed out, the defenders of the wealth redistribution have been spreading their cheeks and saying thank you. Is that a sign of being weak-minded or what?
Well here's another fact filled link complete with easy-to-read charts and everything.


15 Mind-Blowing Facts About Wealth And Inequality In America


The rich are getting richer and the poor are getting poorer.

Cliché, sure, but it's also more true than at any time since the Gilded Age.

The poor are getting poorer, wages are falling behind inflation, and social mobility is at an all-time low.

Here's 15 Mind-Blowing Charts About Wealth And Inequality In America >
The gap between 1% and everyone else hasn't been this bad since the roaring Twenties

Read more: 15 Mind-Blowing Facts About Wealth And Inequality In America

Read more: 15 Mind-Blowing Facts About Wealth And Inequality In America