The right wing is thirsty for extremism

Historical Net Worth & Wealth Concentration in the United States | eHow.com




As of 2011, the average household income of the top 10 percent of households in the United States was $164,647. For the bottom 90 percent, it was $31,244. The top 1 percent averaged $3,238,386, and the top 0.1 percent $27,342,212. The wealthiest 1 percent of households in the United States possessed 32.7 percent of the wealth, while the bottom 50 percent held between 1 and 2 percent.

Causes
Opinions as to the causes of wealth inequity vary widely, from free-market analyses that attribute wealth to hard work and poverty to laziness, all the way to socialist critiques that see all wealth as created by labor, and all market forces as essentially parasitic. Financial inequality is caused by a complex mix of technology, market forces and government policy. As industries become more automated, they allow more wealth to become concentrated in the owning classes and less to be filtered to the working class in the form of wages. This process is exacerbated by government policies that grant tax breaks to the wealthy, easing of capital gains burdens and market deregulation.



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I am A CAPITALIST.

I have always been a capitalist.

You're about as much of a capitalist as Leon Trotsky.

You are the one who seems dead set on killing capitalism in the US.

You still haven't explained how I'm doing that. Will ending Social Security kill capitalism? How about ending auto union bailouts? What exactly am I doing that is killing capitalism.
 
Perhaps you should have taken that up with the Bush Administration before its extremism created this Frankenstein government you're now attempting to blame on everyone but the people who created it.

I'd say America is about as extreme as I've ever seen it and I've been around for over 70 years observing it. What are you looking for, a Revolution? Be careful what you wish for?

Bush created welfare, SSI, medicare, medicaid, foodstamps, AFDC, SISA loans, free lunch programs, the War on Poverty, The Great Society, The New Deal, etc?

Who knew? He was one busy mo fo!

Bush and conservatives don't build or create, they only tear down and destroy. What you just listed ARE America's great accomplishments. Those programs saved millions of lives, helped create a robust middle class and the ability to support a family on one income. Conservatives like preach 'family values'. To exercise them you need to BE a family, that means being able to BE TOGETHER.
 
HAHAHAHAHAHAHAHAHAHAHAHAHAHAH

so now its the left doing this huh?

Please outline what left policy is responsible for this push of wealth to the top?

Corporate bailout, corporate subsidies, regulations that prevent shareholders from selling their share, high marginal tax rates, massive regulations on business, yada, yada, yada.
 
without caplitalism this country is going to fail as well as the world.

The free market system is the ONLY way to keep America free.


I am commited to capitalism and its vast benifits.


The only way to keep caplitalism from turning into a rule by wealth is to temper it with GOOD regulations to keep all the wealth from merely being passed on to the same families into infinitum.

If you support unfettered caplitalism you support a system that is owned by the children and grand children of the people who managed to corner vast amounts of wealth in hte past.


You want a system ruled by kings of wealth.
 
TruthMatters, the wealth is only at the top because people at the top earned it, and people at the bottom are still too stupid to spend/save smartly.

When a "poor" person will drop $200 on a pair of basketball shoes, and $4,000 on rims for his car, and $500 on a cell phone and top service..........yet bitches about living in the ghetto with no education, then it's his own fault

When a person opens a company, and offers a nice, but unnecessary product, that people want so bad that they'll drop all their extra cash on it even though they live in a trailor and are struggling to keep the power bill paid.......well, that person is smarter than the dumbass who sends his money "to the top" through stupid purchases.

Hence, rich guys will keep founding and owning companies like Nike and Apple. And dumbasses at the bottom will keep wasting their extra money on material shit, instead of education and investment. And the cycle will continue.

However, government and men with guns are not the answer to forcing that cycle to stop.
 
Historical Net Worth & Wealth Concentration in the United States | eHow.com




As of 2011, the average household income of the top 10 percent of households in the United States was $164,647. For the bottom 90 percent, it was $31,244. The top 1 percent averaged $3,238,386, and the top 0.1 percent $27,342,212. The wealthiest 1 percent of households in the United States possessed 32.7 percent of the wealth, while the bottom 50 percent held between 1 and 2 percent.

Causes
Opinions as to the causes of wealth inequity vary widely, from free-market analyses that attribute wealth to hard work and poverty to laziness, all the way to socialist critiques that see all wealth as created by labor, and all market forces as essentially parasitic. Financial inequality is caused by a complex mix of technology, market forces and government policy. As industries become more automated, they allow more wealth to become concentrated in the owning classes and less to be filtered to the working class in the form of wages. This process is exacerbated by government policies that grant tax breaks to the wealthy, easing of capital gains burdens and market deregulation.



Read more: Historical Net Worth & Wealth Concentration in the United States | eHow.com Historical Net Worth & Wealth Concentration in the United States | eHow.com



And despite this disparity (which is far less extreme than in feudal and slave societies, btw), the Poor In America have comforts and lifestyles beyond those of medieval kings.

They have Big Screen TVs, Cellphones, Indoor Plumbing, Air Conditioning....

Why is this?
 
Historical Net Worth & Wealth Concentration in the United States | eHow.com

As of 2011, the average household income of the top 10 percent of households in the United States was $164,647. For the bottom 90 percent, it was $31,244. The top 1 percent averaged $3,238,386, and the top 0.1 percent $27,342,212. The wealthiest 1 percent of households in the United States possessed 32.7 percent of the wealth, while the bottom 50 percent held between 1 and 2 percent.

Causes
Opinions as to the causes of wealth inequity vary widely, from free-market analyses that attribute wealth to hard work and poverty to laziness, all the way to socialist critiques that see all wealth as created by labor, and all market forces as essentially parasitic. Financial inequality is caused by a complex mix of technology, market forces and government policy. As industries become more automated, they allow more wealth to become concentrated in the owning classes and less to be filtered to the working class in the form of wages. This process is exacerbated by government policies that grant tax breaks to the wealthy, easing of capital gains burdens and market deregulation.

Read more: Historical Net Worth & Wealth Concentration in the United States | eHow.com Historical Net Worth & Wealth Concentration in the United States | eHow.com

"Causes of wealth inequality?" Are you serious? Have you ever considered it's the human condition? Do you actually think it's possible to have absolute equality of wealth? That is as unthinkable as a liberal committing logic.

Where is this mythical society where all wealth was equal? You apparently believe it's the natural condition and inequality is unnatural. Please list the societies were wealth was equally distributed.
 
ONLY in your mind do they have these things.


you dont even know what poor means do you?
 
Oh, and also TM, if we have capitalism in a country that is populated by more and more dumbasses as time goes on.........then eventually the ever-shrinking number of smart people will inevitably end up with more of the money.

When an education has a higher value in the ghetto than rims, shoes and a blackberry, then I'll by sympathetic. But until our cultural values change, our wealth inequality will not.
 
please show how this move in America to push the wealth to the top is supported by any socialist?


You see those historically failed ideas you keep pushing are being outed for what they are and Americans are starting to think caplitalism does not work to make life better for Americans.


You want to save caplitalism and ward off socialim?

stop pushing all the wealth to the top.

Stealing all the wealth doesn't work. History shows this. Stop supporting it.

Nobody's stealing all the wealth.
 
Historical Net Worth & Wealth Concentration in the United States | eHow.com

As of 2011, the average household income of the top 10 percent of households in the United States was $164,647. For the bottom 90 percent, it was $31,244. The top 1 percent averaged $3,238,386, and the top 0.1 percent $27,342,212. The wealthiest 1 percent of households in the United States possessed 32.7 percent of the wealth, while the bottom 50 percent held between 1 and 2 percent.

Causes
Opinions as to the causes of wealth inequity vary widely, from free-market analyses that attribute wealth to hard work and poverty to laziness, all the way to socialist critiques that see all wealth as created by labor, and all market forces as essentially parasitic. Financial inequality is caused by a complex mix of technology, market forces and government policy. As industries become more automated, they allow more wealth to become concentrated in the owning classes and less to be filtered to the working class in the form of wages. This process is exacerbated by government policies that grant tax breaks to the wealthy, easing of capital gains burdens and market deregulation.

Read more: Historical Net Worth & Wealth Concentration in the United States | eHow.com Historical Net Worth & Wealth Concentration in the United States | eHow.com

"Causes of wealth inequality?" Are you serious? Have you ever considered it's the human condition? Do you actually think it's possible to have absolute equality of wealth? That is as unthinkable as a liberal committing logic.

Where is this mythical society where all wealth was equal? You apparently believe it's the natural condition and inequality is unnatural. Please list the societies were wealth was equally distributed.

Where did I claim to support what your saying here?


I AM A CAPITALIST.



YOU distroy capitalism when one very small group controls most of the wealth.


We used to have that system and then our founders fought to be free of its shackles
 
Sorry I did post that in the wrong thread.

The real issue here is why are you supporting historically failed ideas that are causing Americans to turn away from capitalism?

ROFL! The socialist is attacking someone for supporting failed ideas?

What a hoot!

I am A CAPITALIST.


I have always been a capitalist.

You are the one who seems dead set on killing capitalism in the US.

In defense of our economic system - the main problem with it is by definition in order for one to practice Capitalism, they must first have capital. We live in a nation where that's just not the case. Consequently only a very, very few are ever able to play the Capitalism game. That's one issue I have with it.

And we've come to pay more allegiance to the tenets of Capitalism (which is after all our system of economics) than we do to the tenets of Democracy (which is our political philosophy). According to their respective definitions, when the two are put together they form an oxymoron. Thus one cannot be true to one without being unfaithful to the other. And we've quite simply chosen to be true to Capitalism in lieu of Democracy. That's the biggest problem I have with it.
 
ONLY in your mind do they have these things.


you dont even know what poor means do you?

Well, in America, "poor" means:

- You take in more food than you need, hence the obesity problem.
- You probably have a color TV
- You probably have air conditioning.
- You probably have a car, or two.
- You probably own a home or apartment.
- You probably own a refridgerator and microwave.
- You almost 100% have clean, running water.

In fact, being "poor" in America means there are about 5.5 billion people in the world who would kill to trade places with you.

I've posted this so many times, a link referencing Census data: How Poor are the Poor | The Heritage Foundation
 
I just have a feeling the right wing, which I'm a part of, is thirsty for extremism. By "extremism" I mean cutting government to levels of affordability. By "extremism" I mean the government deciding that the path to government budget balance is NOT the increased confiscation of private citizens' property.

What you and other ‘extremists’ fail to understand is we have exactly the type of government we’re supposed to have given the fact we’re a First World, 21st Century, Industrialized, Free Market Super Power.

You act as if it’s the 1830s and we’re living in the Age of Isolation.

Consider also the fact that this First World, 21st Century, Industrialized, Free Market Super Power is the creation of conservative extremist ideology, and you have the gall to whine about it.
 
Historical Net Worth & Wealth Concentration in the United States | eHow.com

As of 2011, the average household income of the top 10 percent of households in the United States was $164,647. For the bottom 90 percent, it was $31,244. The top 1 percent averaged $3,238,386, and the top 0.1 percent $27,342,212. The wealthiest 1 percent of households in the United States possessed 32.7 percent of the wealth, while the bottom 50 percent held between 1 and 2 percent.

Causes
Opinions as to the causes of wealth inequity vary widely, from free-market analyses that attribute wealth to hard work and poverty to laziness, all the way to socialist critiques that see all wealth as created by labor, and all market forces as essentially parasitic. Financial inequality is caused by a complex mix of technology, market forces and government policy. As industries become more automated, they allow more wealth to become concentrated in the owning classes and less to be filtered to the working class in the form of wages. This process is exacerbated by government policies that grant tax breaks to the wealthy, easing of capital gains burdens and market deregulation.

Read more: Historical Net Worth & Wealth Concentration in the United States | eHow.com Historical Net Worth & Wealth Concentration in the United States | eHow.com

"Causes of wealth inequality?" Are you serious? Have you ever considered it's the human condition? Do you actually think it's possible to have absolute equality of wealth? That is as unthinkable as a liberal committing logic.

Where is this mythical society where all wealth was equal? You apparently believe it's the natural condition and inequality is unnatural. Please list the societies were wealth was equally distributed.

Where did I claim to support what your saying here?


I AM A CAPITALIST.



YOU distroy capitalism when one very small group controls most of the wealth.


We used to have that system and then our founders fought to be free of its shackles



You are most certainly Not A Capitalist, hun.

The policies you support are all part of the Big Government Cronyist Agenda, leaning towards Leftwing Cronies.
 
Oh, and also TM, if we have capitalism in a country that is populated by more and more dumbasses as time goes on.........then eventually the ever-shrinking number of smart people will inevitably end up with more of the money.

When an education has a higher value in the ghetto than rims, shoes and a blackberry, then I'll by sympathetic. But until our cultural values change, our wealth inequality will not.

^^ I say again........
 
without caplitalism this country is going to fail as well as the world.

The free market system is the ONLY way to keep America free.


I am commited to capitalism and its vast benifits.


The only way to keep caplitalism from turning into a rule by wealth is to temper it with GOOD regulations to keep all the wealth from merely being passed on to the same families into infinitum.

If you support unfettered caplitalism you support a system that is owned by the children and grand children of the people who managed to corner vast amounts of wealth in hte past.


You want a system ruled by kings of wealth.

What are these "GOOD regulations" you refer to? I haven't noticed any.

As for inherited wealth, history shows that vast fortunes are frittered away bay the third generation. Most of the Cornelius Vanderbilt's grandchildren died without any sizable estates to speak of.

Even if the wealthy manage to hang on to their fortunes, all that means is they are providing employment for thousands of people. Vast fortunes consist primarily of productive capital like factories and machinery. Eliminating the wealth means eliminating the jobs of all the people employed in the enterprises owned by the rich.
 

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