1%er$ Are Strangling Our Economy

[Mr. Shaman]

(....And, they've got plenty o' cash to coast towards Nov. 2012)

*

What U.S. Economic Recovery?
Five Destructive Myths

Myth No. 3: The private sector will make it all better.

There is a fundamental disconnect between the fortunes of American companies, which are doing quite well, and American workers, most of whom are earning a lower hourly wage now than they did during the recession. The thing is, companies make plenty of money; they just don't spend it on workers here."

 

[Wacky Quacky]

Jealous much?

 

[georgephillip]

"That’s because global capitalism today cannot provide young people with the kind of bright future they want and deserve. Adding to the pain is the lack of even a semblance of democratic institutions in most countries.

"According to the International Labor Organization, youth unemployment in most of the world hovers around 20 percent with 'young people … nearly three times as likely as adults to be unemployed.'

"In Tunisia, 46 percent of college degree holders lack jobs in their field. In Egypt, the Ministry of Investment was reduced to advertising to foreign capital the availability of 325,000 university graduates who enter the job market every year.

"In Nigeria, the youth unemployment rate is estimated at 49 percent, leading one journalist there to call it 'a time bomb waiting to explode.'

"In Italy the unemployment rate among youth is 28 percent, in France 25 percent and in Spain 40 percent. In the United States, the official unemployment rate among youth aged 16 to 24 is 19 percent, but the real rate is at least 25 percent."

Privatization, deregulation and "liberalization" of capital have produced a world without jobs for its next generation.

Suicidal much?

Youth in Revolt | Truthout

 

[iamwhatiseem]

I get onion rings instead of fries sometimes.

 

[editec]

I cannot BLAME most companies that are sitting on oodles of cash for not investing it in job creation.

There are people, PEOPLE WITH NAMES AND HISTORIES, who truly are guilty of crashing this economy.

Turning their CRIMES (in COLLUSION with other PEOPLE IN THE GOVERNMENT... WHO ALSO HAVE NAMES) into a mindless class conflict screed is counter-productive.

Capitalism is NOT the villian.

GOVERNMENT is NOT the villian.

Corruption of the capitalism system in collusion with a corrupted government IS the problem.


Not every person with capital, not even every member of the TOP 1% or the top 1/10th of 1% is guilty of ANYTHING.

What has happened is that we have allowed immoral people in some businesses to take over and control our government.

That's exactly how they could CRASH the economy, GET PAID BY THE GOVERNMENT FOR DOING SO, and still nobody is guilty of any CRIME.

It isn't a class war (yeah yeah, of course class is important, obviously)

It's a battle for the SOUL of this nation.

And MAMMON is winning, folks.

 

[Mr. Shaman]

Suicidal much?

If there's some fund to convince (tax-avoiding) 1%ers/high-roller$ that suicide would be preferential to some alternative-option, for them, send me a donation-envelope!!!!

​

 

[bripat9643]

"That’s because global capitalism today cannot provide young people with the kind of bright future they want and deserve. Adding to the pain is the lack of even a semblance of democratic institutions in most countries.

"According to the International Labor Organization, youth unemployment in most of the world hovers around 20 percent with 'young people … nearly three times as likely as adults to be unemployed.'

"In Tunisia, 46 percent of college degree holders lack jobs in their field. In Egypt, the Ministry of Investment was reduced to advertising to foreign capital the availability of 325,000 university graduates who enter the job market every year.

"In Nigeria, the youth unemployment rate is estimated at 49 percent, leading one journalist there to call it 'a time bomb waiting to explode.'

"In Italy the unemployment rate among youth is 28 percent, in France 25 percent and in Spain 40 percent. In the United States, the official unemployment rate among youth aged 16 to 24 is 19 percent, but the real rate is at least 25 percent."

Privatization, deregulation and "liberalization" of capital have produced a world without jobs for its next generation.

Suicidal much?

Youth in Revolt | Truthout

Where is the evidence that any of these countries have engaged in "privatization, deregulation or liberalization?"

In fact, they have done just the opposite. Spain is the poster child for Obama's "green energy" agenda. France is the country socialists hold up as an example for the US to follow.

You think Egypt, Tunisia and Nigeria are sterling examples of capitalism?

Heritage Index of Economic Freedom:
Hong Kong - 1
Singapore - 2
Australia - 3
Spain - 31
France - 64
Italy - 87
Egypt - 96
Tunisia - 100
Nigeria - 111

Which countries are doing the best economically?

 

[Wacky Quacky]

Corruption of the capitalism system in collusion with a corrupted government IS the problem.

Which is in turn, the fault of the people. Who keeps voting in these corrupt politicians, we do. Who keeps spending money at the stores of these corrupt businesses, we do.

You want corruption to stop, it's exceedingly simple and at the same time difficult. Make people care about their beliefs and morals more than they do party politics and saving a few dollars, problem solved. Now, making that happen is a different story all together.

It always kills me to see these types of threads condemning the wealthy for "stealing" wealth from the middle class. They don't "steal" anything, the middle class is more than happy to "give" their hard earned money to these people. On top of that, with time and effort anyone can rise up and become wealthy, that's the american dream after all. Hard work and dedication to a good idea will make you successful.

 

[Mr. Shaman]

What has happened is that we have allowed immoral people in some businesses to take over and control our government.

Partly...

We've got extremely greedy people, who've amassed more cash than they could possibly spend (thru whatever means, necessary)....who, for whatver reason....won't invest in anything, unless there's a 150% GUARANTEE they'll realize MAXIMUM-PROFIT$ in six-months, or less!!!

They're an aberration o' the people who created this Country. Hell....immigrants (legal and/or illegal) share more attributes with our Founding Fathers than any o' these greedy-pricks. If there was an open-season on unproductive-people, it would be too easy deciding who's gotta "go", first.​

 

[Soggy in NOLA]

I had today what was quite possibly, the best pastrami po-boy EVER.

 

[California Girl]

I get onion rings instead of fries sometimes.

I often opt for onion ringsss too.

 

[auditor0007]

Jealous much?

Eventually it will bite back at the companies themselves, just making things worse for the total economy. Companies have lost sight of what actually brings consumers to purchase their products and services.

 

[georgephillip]

Suicidal much?

If there's some fund to convince (tax-avoiding) 1%ers/high-roller$ that suicide would be preferential to some alternative-option, for them, send me a donation-envelope!!!!

​

Obviously you're a bitter twisted loser with low self esteem AND a pathetic unwillingness to "live" through Great Depression 2.0

The 1%ers are NOT amused, but they are watching.

 

[georgephillip]

"That’s because global capitalism today cannot provide young people with the kind of bright future they want and deserve. Adding to the pain is the lack of even a semblance of democratic institutions in most countries.

"According to the International Labor Organization, youth unemployment in most of the world hovers around 20 percent with 'young people … nearly three times as likely as adults to be unemployed.'

"In Tunisia, 46 percent of college degree holders lack jobs in their field. In Egypt, the Ministry of Investment was reduced to advertising to foreign capital the availability of 325,000 university graduates who enter the job market every year.

"In Nigeria, the youth unemployment rate is estimated at 49 percent, leading one journalist there to call it 'a time bomb waiting to explode.'

"In Italy the unemployment rate among youth is 28 percent, in France 25 percent and in Spain 40 percent. In the United States, the official unemployment rate among youth aged 16 to 24 is 19 percent, but the real rate is at least 25 percent."

Privatization, deregulation and "liberalization" of capital have produced a world without jobs for its next generation.

Suicidal much?

Youth in Revolt | Truthout

Where is the evidence that any of these countries have engaged in "privatization, deregulation or liberalization?"

In fact, they have done just the opposite. Spain is the poster child for Obama's "green energy" agenda. France is the country socialists hold up as an example for the US to follow.

You think Egypt, Tunisia and Nigeria are sterling examples of capitalism?

Heritage Index of Economic Freedom:
Hong Kong - 1
Singapore - 2
Australia - 3
Spain - 31
France - 64
Italy - 87
Egypt - 96
Tunisia - 100
Nigeria - 111

Which countries are doing the best economically?

Egypt made the World Bank's top 10 "Reformers" list for four of the last five years, and the former IMF Director, DSK, called Tunisia "a good example for emerging countries" in 2008.

Youth in Revolt | Truthout

European workers are smart enough to resist globalization, but the right-wing parasites running some of their governments are just as corrupt as Bush, Clinton and Obama.

What's the Heritage formula for "Economic Freedom"?
Whatever its RICH corporate sponsors say it is?

Are you conflating capitalism with freedom again?
How "free" are the capitalists in China?
About as free as Pinochet's Chile?

 

[mudwhistle]

(....And, they've got plenty o' cash to coast towards Nov. 2012)

*

What U.S. Economic Recovery?
Five Destructive Myths

Myth No. 3: The private sector will make it all better.

There is a fundamental disconnect between the fortunes of American companies, which are doing quite well, and American workers, most of whom are earning a lower hourly wage now than they did during the recession. The thing is, companies make plenty of money; they just don't spend it on workers here."

This retard can't do anything other then Cut & Paste.

 

[georgephillip]

Jealous much?

Eventually it will bite back at the companies themselves, just making things worse for the total economy. Companies have lost sight of what actually brings consumers to purchase their products and services.

Many companies would think twice about putting their next facility in the US when Brazil, China and India are churning out 70 million new middle class consumers every year.

The US was in the rear view mirror for many "American" corporations long before Obama moved into the White House.

"From 2000 to 2007, the US saw is weakest period of job creation since the Great Depression."

What U.S. Economic Recovery? Five Destructive Myths -- Printout -- TIME

 

[sparky]

This retard can't do anything other then Cut & Paste.

while just as many retards don't get the concentration of wealth and power historically ends badly Mud......

 

[bripat9643]

Egypt made the World Bank's top 10 "Reformers" list for four of the last five years, and the former IMF Director, DSK, called Tunisia "a good example for emerging countries" in 2008.

The World Bank is a corrupt socialist institution. So is the IMF. Any reccomendations from them are hardly an indication of a country's fidelity to the free market.

European workers are smart enough to resist globalization, but the right-wing parasites running some of their governments are just as corrupt as Bush, Clinton and Obama.

So the fact that your socialists utopias are all economic basket cases is the result of some evil right-wing conspiracy?

BWHAHAHAHAHA!!

That's rich!

What's the Heritage formula for "Economic Freedom"
Whatever its RICH corporate sponsors say it is?

Read it for yourself right here:

Index of Economic Freedom: Promoting Economic Opportunity and Prosperity | The Heritage Foundation

Are you conflating capitalism with freedom again?
How "free" are the capitalists in China?

The free market is virtually synonymous with freedom

How "free" are the capitalists in China?

They are a lot freer now than they were under the strict socialism in force during the days of Mao Tse Tung

About as free as Pinochet's Chile?

The people of Chile were far freer under Pinochet than they were under his predecessor Allende. They were freer than most of the countries in Latin America.

The leftwing conception that freedom consists entirely of the right to vote for a new set of overseers just doesn't have any baring in the real world.

 

[georgephillip]

How are you defining a "free" market?

In the classical sense of a market free of undue influence from unearned income?

Or as a market free of all government regulation?

 

[bripat9643]

How are you defining a "free" market?

In the classical sense of a market free of undue influence from unearned income?

Or as a market free of all government regulation?

That isn't the "classical sense." It's the commie sense of the term.

"Free market" means free from government interference. That's what it has always meant, and the historical record shows that the closer a society approaches it, the faster its standard of living increases.