Top 8% Own 85%

[Toddsterpatriot]

"Take action" like elect a socialist who will make sure nobody ever gets too upity? I think not.

Damn you are slow.

A soft Socialism is what we have now.

So, we need a hard socialism to make up for it? What the hell "action" do you think we should take?

Good Lord...

Have I ever spouted socialism on this forum in the many years I have posted here, debating your silly ass?

Read the article as the author has a few ideas. Ever heard of eliminating the Federal Reserve?

Ever heard of eliminating the Federal Reserve?

Why?

Are you trying to be dumb or are you really dumb?

Trying to find out why eliminating the Fed fixes whatever problem you imagine it would fix.

 

[Care4all]

This is really screwed up...and we Americans fight among ourselves over stupid things. All the while the elites are screwing us. When will we wake up and take action?


The Panama Papers offer damning proof of this: increasing concentrations of wealth and power that are free of any constraint (such as taxes) is not just the consequence of centralized money and state power--this inequality is the only possible output of centralized money and state power.

Here is a graphic portrayal of just how concentrated global wealth really is: the top .7% (less than 1%) own 45% of all global wealth, and the top 8% own 85%.

Of Two Minds - The Panama Papers: This Is the Consequence of Centralized Money and Power

good luck getting this point across with your conservative counter parts!

Come on now...you must know I am not a Con.

I only know or think I know, you are not a liberal Gipper, you could be libertarian perhaps, not certain?

 

[gipper]

Damn you are slow.

A soft Socialism is what we have now.

So, we need a hard socialism to make up for it? What the hell "action" do you think we should take?

Good Lord...

Have I ever spouted socialism on this forum in the many years I have posted here, debating your silly ass?

Read the article as the author has a few ideas. Ever heard of eliminating the Federal Reserve?

Ever heard of eliminating the Federal Reserve?

Why?

Are you trying to be dumb or are you really dumb?

Trying to find out why eliminating the Fed fixes whatever problem you imagine it would fix.

Well think about it my son. Do you know who owns and controls the Fed?

When you centralize control of a nation's currency into the hands of a few elites, problems are likely. Yes?

But don't be dumb. Eliminating the Fed is but the beginning.

 

[LeftofLeft]

This is really screwed up...and we Americans fight among ourselves over stupid things. All the while the elites are screwing us. When will we wake up and take action?


The Panama Papers offer damning proof of this: increasing concentrations of wealth and power that are free of any constraint (such as taxes) is not just the consequence of centralized money and state power--this inequality is the only possible output of centralized money and state power.

Here is a graphic portrayal of just how concentrated global wealth really is: the top .7% (less than 1%) own 45% of all global wealth, and the top 8% own 85%.

Of Two Minds - The Panama Papers: This Is the Consequence of Centralized Money and Power

 

[RandallFlagg]

I really don't understand what you are pointing out other than the fact rich people are rich.

Indeed. However, it is easy to understand that wealth in this country (in particular) has grown like a weed since Obama took power:

 

[bripat9643]

"Take action" like elect a socialist who will make sure nobody ever gets too upity? I think not.

Damn you are slow.

A soft Socialism is what we have now.

So you think we should double down on stupid?

 

[gipper]

"Take action" like elect a socialist who will make sure nobody ever gets too upity? I think not.

Damn you are slow.

A soft Socialism is what we have now.

So you think we should double down on stupid?

The only way to put an end to income inequality is to impose socialism...is that right?

 

[LeftofLeft]

This is really screwed up...and we Americans fight among ourselves over stupid things. All the while the elites are screwing us. When will we wake up and take action?


The Panama Papers offer damning proof of this: increasing concentrations of wealth and power that are free of any constraint (such as taxes) is not just the consequence of centralized money and state power--this inequality is the only possible output of centralized money and state power.

Here is a graphic portrayal of just how concentrated global wealth really is: the top .7% (less than 1%) own 45% of all global wealth, and the top 8% own 85%.

Of Two Minds - The Panama Papers: This Is the Consequence of Centralized Money and Power

All the more reason for Capitalism. Mexico, Canada, UK, North Korea, Australia, China.......all have Centralized Money and Power. US Capitalism frees up opportunity relative to anywhere else on the globe. Why do Immigrants seek to come to the US more than anywhere else in the world? US has it correct vs. any other system. Why are there Leftists intent on destroying it under the guise of improving things by moving economic policy to align with proven failures that provide no opportunity?

 

[pismoe]

I own 100 percent of what I want and need. Who gives a shit about those who want and need more? Let them have it.

-------------------------- spoken like an American !!

 

[Toddsterpatriot]

So, we need a hard socialism to make up for it? What the hell "action" do you think we should take?

Good Lord...

Have I ever spouted socialism on this forum in the many years I have posted here, debating your silly ass?

Read the article as the author has a few ideas. Ever heard of eliminating the Federal Reserve?

Ever heard of eliminating the Federal Reserve?

Why?

Are you trying to be dumb or are you really dumb?

Trying to find out why eliminating the Fed fixes whatever problem you imagine it would fix.

Well think about it my son. Do you know who owns and controls the Fed?

When you centralize control of a nation's currency into the hands of a few elites, problems are likely. Yes?

But don't be dumb. Eliminating the Fed is but the beginning.

Do you know who owns and controls the Fed?

Yes. The US government.

When you centralize control of a nation's currency

Do you mean money supply? Interest rates? What do you mean by control?
If you mean currency (paper money), there is about $1.35 trillion in circulation, and a lot of that is outside the US. If you mean the Fed's balance sheet, that's about $4.44 trillion.
If you mean M1, $3.17 trillion. If you mean M2, $12.64 trillion.

Eliminating the Fed is but the beginning.

Beginning of what?

 

[bripat9643]

"Take action" like elect a socialist who will make sure nobody ever gets too upity? I think not.

Damn you are slow.

A soft Socialism is what we have now.

So you think we should double down on stupid?

The only way to put an end to income inequality is to impose socialism...is that right?

You'll have better luck putting an end to gravity than putting an end to income inequality.

 

[gipper]

This is really screwed up...and we Americans fight among ourselves over stupid things. All the while the elites are screwing us. When will we wake up and take action?


The Panama Papers offer damning proof of this: increasing concentrations of wealth and power that are free of any constraint (such as taxes) is not just the consequence of centralized money and state power--this inequality is the only possible output of centralized money and state power.

Here is a graphic portrayal of just how concentrated global wealth really is: the top .7% (less than 1%) own 45% of all global wealth, and the top 8% own 85%.

Of Two Minds - The Panama Papers: This Is the Consequence of Centralized Money and Power

All the more reason for Capitalism. Mexico, Canada, UK, North Korea, Australia, China.......all have Centralized Money and Power. US Capitalism frees up opportunity relative to anywhere else on the globe. Why do Immigrants seek to come to the US more than anywhere else in the world? US has it correct vs. any other system. Why are there Leftists intent on destroying it under the guise of improving things by moving economic policy to align with proven failures that provide no opportunity?

Of course capitalism is the answer.

Please read the article.

My friends on the right seem to think I am proposing socialism. Socialism is exactly the wrong thing. Centralization of power is always the wrong thing. We need to decentralize as the author clearly states.

 

[gipper]

Good Lord...

Have I ever spouted socialism on this forum in the many years I have posted here, debating your silly ass?

Read the article as the author has a few ideas. Ever heard of eliminating the Federal Reserve?

Ever heard of eliminating the Federal Reserve?

Why?

Are you trying to be dumb or are you really dumb?

Trying to find out why eliminating the Fed fixes whatever problem you imagine it would fix.

Well think about it my son. Do you know who owns and controls the Fed?

When you centralize control of a nation's currency into the hands of a few elites, problems are likely. Yes?

But don't be dumb. Eliminating the Fed is but the beginning.

Do you know who owns and controls the Fed?

Yes. The US government.

When you centralize control of a nation's currency

Do you mean money supply? Interest rates? What do you mean by control?
If you mean currency (paper money), there is about $1.35 trillion in circulation, and a lot of that is outside the US. If you mean the Fed's balance sheet, that's about $4.44 trillion.
If you mean M1, $3.17 trillion. If you mean M2, $12.64 trillion.

Eliminating the Fed is but the beginning.

Beginning of what?

You need to educate yourself. The Fed is not owned or controlled by the US government.

 

[LeftofLeft]

This is really screwed up...and we Americans fight among ourselves over stupid things. All the while the elites are screwing us. When will we wake up and take action?


The Panama Papers offer damning proof of this: increasing concentrations of wealth and power that are free of any constraint (such as taxes) is not just the consequence of centralized money and state power--this inequality is the only possible output of centralized money and state power.

Here is a graphic portrayal of just how concentrated global wealth really is: the top .7% (less than 1%) own 45% of all global wealth, and the top 8% own 85%.

Of Two Minds - The Panama Papers: This Is the Consequence of Centralized Money and Power

All the more reason for Capitalism. Mexico, Canada, UK, North Korea, Australia, China.......all have Centralized Money and Power. US Capitalism frees up opportunity relative to anywhere else on the globe. Why do Immigrants seek to come to the US more than anywhere else in the world? US has it correct vs. any other system. Why are there Leftists intent on destroying it under the guise of improving things by moving economic policy to align with proven failures that provide no opportunity?

Of course capitalism is the answer.

Please read the article.

My friends on the right seem to think I am proposing socialism. Socialism is exactly the wrong thing. Centralization of power is always the wrong thing. We need to decentralize as the author clearly states.

Are you advocating Free Markets?

 

[gipper]

"Take action" like elect a socialist who will make sure nobody ever gets too upity? I think not.

Damn you are slow.

A soft Socialism is what we have now.

So you think we should double down on stupid?

The only way to put an end to income inequality is to impose socialism...is that right?

You'll have better luck putting an end to gravity than putting an end to income inequality.

Yes income inequality will always be with us, but it doesn't have to be this bad. It is this bad because the elites have control of everything. Centralization of power leads to centralization of wealth.

 

[Toddsterpatriot]

Ever heard of eliminating the Federal Reserve?

Why?

Are you trying to be dumb or are you really dumb?

Trying to find out why eliminating the Fed fixes whatever problem you imagine it would fix.

Well think about it my son. Do you know who owns and controls the Fed?

When you centralize control of a nation's currency into the hands of a few elites, problems are likely. Yes?

But don't be dumb. Eliminating the Fed is but the beginning.

Do you know who owns and controls the Fed?

Yes. The US government.

When you centralize control of a nation's currency

Do you mean money supply? Interest rates? What do you mean by control?
If you mean currency (paper money), there is about $1.35 trillion in circulation, and a lot of that is outside the US. If you mean the Fed's balance sheet, that's about $4.44 trillion.
If you mean M1, $3.17 trillion. If you mean M2, $12.64 trillion.

Eliminating the Fed is but the beginning.

Beginning of what?

You need to educate yourself. The Fed is not owned or controlled by the US government.

It sure is.

 

[bripat9643]

Ever heard of eliminating the Federal Reserve?

Why?

Are you trying to be dumb or are you really dumb?

Trying to find out why eliminating the Fed fixes whatever problem you imagine it would fix.

Well think about it my son. Do you know who owns and controls the Fed?

When you centralize control of a nation's currency into the hands of a few elites, problems are likely. Yes?

But don't be dumb. Eliminating the Fed is but the beginning.

Do you know who owns and controls the Fed?

Yes. The US government.

When you centralize control of a nation's currency

Do you mean money supply? Interest rates? What do you mean by control?
If you mean currency (paper money), there is about $1.35 trillion in circulation, and a lot of that is outside the US. If you mean the Fed's balance sheet, that's about $4.44 trillion.
If you mean M1, $3.17 trillion. If you mean M2, $12.64 trillion.

Eliminating the Fed is but the beginning.

Beginning of what?

You need to educate yourself. The Fed is not owned or controlled by the US government.

Of course the Federal government controls it. Who appoints the Board of Governors and the Chairman?

Control is the same as ownership.

 

[LeftofLeft]

"Take action" like elect a socialist who will make sure nobody ever gets too upity? I think not.

Damn you are slow.

A soft Socialism is what we have now.

So you think we should double down on stupid?

The only way to put an end to income inequality is to impose socialism...is that right?

You'll have better luck putting an end to gravity than putting an end to income inequality.

Yes income inequality will always be with us, but it doesn't have to be this bad. It is this bad because the elites have control of everything. Centralization of power leads to centralization of wealth.

A rising tide raises all ships. JFK said that and that should be the focus.

 

[whitehall]

Maybe Gipper is on the right track.Suppose we have elected a generation of politicians who seem to enjoy the perks of kissing the 8% asses of the elites who keep them in office. It seems to me that the solution would be to elect a guy like Trump who would shake up the asses of every single politician who was on the 8% teat. What's the point gip? Should we kill the golden goose or go for Trump? Ain't that it?

 

[Ray From Cleveland]

"Take action" like elect a socialist who will make sure nobody ever gets too upity? I think not.

Damn you are slow.

A soft Socialism is what we have now.

So you think we should double down on stupid?

The only way to put an end to income inequality is to impose socialism...is that right?

You'll have better luck putting an end to gravity than putting an end to income inequality.

Yes income inequality will always be with us, but it doesn't have to be this bad. It is this bad because the elites have control of everything. Centralization of power leads to centralization of wealth.

Where do you people get this idea that how rich the rich are affects your life any?

This entire liberal fallacy that if the rich have too much, it's the reason you have too little is ridiculous.

Let me ask: if the government took 4/5 of the wealth away from every millionaire and billionaire in this country, how does that help you or me? It doesn't. Oh, but government would have more money. And just what does government do with any money they have????