Capitalism Guarantees Rising Inequality

[P@triot]

Monsanto has a 93% market share of soy production, as well as a patent on most of the corn grown in the US. That's controlling the supply of crucial physical commodities.

Do Republicans think that the Founders envisioned one corporation with a 93% market share on our food production?

No. So that begs the question - why don't you enter the soy market and help "balance" that out?

 

[P@triot]

Minimum wage just means that if they could pay us even less, they would.

Are you a min wage worker? Who is "they"?

They are the "job creators". After slavery was abolished, they moved their operations overseas to pay exploited foreign labor dirt-poor wages because that limits expenses and increases company profits.

If we do away with the Federal minimum wage in the United States, perhaps more jobs will be created but with even less wages which means that those employees will still need government assistance to get by.

Record corporate profits are supposed to trickle down, otherwise trickle-down theory doesn't work.

Unfortunately, Dumbocrats have replaced trickle-down prosperity with trickle-up poverty.

There are no profits to trickle-down because the profits are taken by government in the form of taxes. 18 new taxes in Obamacare alone.

My salary is "income taxed" at the federal level (1). Then it is taxed again at the state level (2). Then it is taxed again at the local level (3). What's left I get to live off of. But then it is taxed again in the form of "property tax" (4). After that, it is taxed again when I fill up my tank to go to work in the form of "gas tax" (5). After that, it is taxed again on every item I purchase in the form of "sales tax" (6). After that, when I get my utilities bills (cable, cell phone, etc.) it is taxed again in various forms of "regulations taxes" (my favorite being the "911 tax" on my cell phone bill) - (7), (8), (9), (10), (11), (12).

So I'm curious KNB - when is it enough for you and your greedy liberal pals? How much of what I earned do you think you deserve? Because I'm literally taxed the **** to death. And then I'm taxed some more.

You know, Dumbocrats vehemently opposed emancipation. 150 years later and liberals still can't accept that slavery is over. You still demand that I labor for you. That everything I work for is for you and I have no right to it. Liberals will never let go of slavery.

 

[RKMBrown]

Are you a min wage worker? Who is "they"?

They are the "job creators". After slavery was abolished, they moved their operations overseas to pay exploited foreign labor dirt-poor wages because that limits expenses and increases company profits.

If we do away with the Federal minimum wage in the United States, perhaps more jobs will be created but with even less wages which means that those employees will still need government assistance to get by.

Record corporate profits are supposed to trickle down, otherwise trickle-down theory doesn't work.

Unfortunately, Dumbocrats have replaced trickle-down prosperity with trickle-up poverty.

There are no profits to trickle-down because the profits are taken by government in the form of taxes. 18 new taxes in Obamacare alone.

My salary is "income taxed" at the federal level (1). Then it is taxed again at the state level (2). Then it is taxed again at the local level (3). What's left I get to live off of. But then it is taxed again in the form of "property tax" (4). After that, it is taxed again when I fill up my tank to go to work in the form of "gas tax" (5). After that, it is taxed again on every item I purchase in the form of "sales tax" (6). After that, when I get my utilities bills (cable, cell phone, etc.) it is taxed again in various forms of "regulations taxes" (my favorite being the "911 tax" on my cell phone bill) - (7), (8), (9), (10), (11), (12).

So I'm curious KNB - when is it enough for you and your greedy liberal pals? How much of what I earned do you think you deserve? Because I'm literally taxed the **** to death. And then I'm taxed some more.

You know, Dumbocrats vehemently opposed emancipation. 150 years later and liberals still can't accept that slavery is over. You still demand that I labor for you. That everything I work for is for you and I have no right to it. Liberals will never let go of slavery.

But without welfare the poor and unemployed would have to work!

Oh.

 

[Andylusion]

Do you happen to know the name of this thread?
Possibly you neglected to read its OP link, which, if true, makes you lazy and ignorant.
Here it is:

"We live in a world rife with inequality of wealth, income, power and influence. It is the underlying cause of deep-seated social tensions, community divisions and a range of poisons that cause terrible suffering to millions of people.

"The disparity between the wealthy minority and the billions living in suffocating poverty is greater than it has ever been.

"Worldwide it is estimated that the wealthiest 10 per cent owns 85 per cent of global household wealth. According to Wikipedia, 'As of May 2005, the three richest people in the world have assets that exceed the combined gross domestic product of the 47 countries with the last GDP', and 'The richest 2 per cent of the world population own more than 51 per cent of the global assets'”

Spotlight on Worldwide Inequality

Which doesn't address, contradict, or answer anything I said.



That's a lie.



The people on Wall Street didn't go to prison, because they didn't violate any laws. Inequality is not a violation of law. Nor is it a violation of law to make loans the Federal Government was suing you in court, forcing you to make.



It's interesting how innocent until proven guilty applies to leftists, but never the people they accuse. JP Morgan, and Goldman Sachs are being investigated. It's possible it's true, in which case they will be fined or charged. If it's not true, and right now all they have is allegations, then you are blowing smoke, to support your preconceived judgement on others.

The fact is, Goldman owns such a tiny portion of the metals market, the idea that one warehouse on the entire planet, can sway the price level of the entire market, is absolutely ridiculous. Now that doesn't mean they were not doing something wrong, but only the economically illiterate would think that Goldman Sachs can corner the entire market with a tiny sliver of the market share.

"You might not have been surprised that Goldman got caught scamming the world again, but it was certainly news to a lot of people that an investment bank with no industrial expertise, just five years removed from a federal bailout, stores and controls enough of America's aluminum supply to affect world prices.

Lots of hearsay, very little fact.

Again, European banks have never had a restriction on buying up non-banking companies. If allowing that, allowed them to "CONTROL THE PLANET!", then why haven't the European banks taken over the world by now?


Lots of drama, and blustery proclamations, very little reality.

Does your conception of reality include the distinction between "a network of warehouse" and "one warehouse on the entire planet?"

If not, it stands to reason you would be totally ignorant of the crime of control accounting fraud and its role in causing our latest financial collapse:

"Joshua Holland: To date, a few loan officers — small fish — have been convicted of various offenses related to the financial crash. But none of the big bankers have faced any charges. And it’s not that the government has been losing cases in the courts.

"There’s simply been no concerted effort to prosecute these guys.

"Can you contrast that with what happened during the savings and loan scandal of the 1980s, and also give us your sense of why this has been the case?

William Black: Sure.

"The savings and loan debacle was one-seventieth the size of the current crisis, both in terms of losses and the amount of fraud.

"In that crisis, the savings and loan regulators made over 30,000 criminal referrals, and this produced over 1,000 felony convictions in cases designated as 'major' by the Department of Justice.

"But even that understates the degree of prioritization, because we, the regulators, worked very closely with the FBI and the Justice Department to create a list of the top 100 — the 100 worst fraud schemes.

"They involved roughly 300 savings and loans and 600 individuals, and virtually all of those people were prosecuted.

"We had a 90 percent conviction rate, which is the greatest success against elite white-collar crime (in terms of prosecution) in history.

"In the current crisis, that same agency, the Office of Thrift Supervision, which was supposed to regulate, among others, Countrywide, Washington Mutual and IndyMac — which collectively made hundreds of thousands of fraudulent mortgage loans — made zero criminal referrals.

"The Office of the Comptroller of the Currency, which is supposed to regulate the largest national banks, made zero criminal referrals.

"The Federal Reserve appears to have made zero criminal referrals; it made three about discrimination.

"And the FDIC was smart enough to refuse to answer the question, but nobody thinks they made any material number of criminal referrals [either]."

Hundreds of Wall Street Execs Went to Prison During the Last Fraud-Fueled Bank Crisis | Blog, Connecting the Dots | BillMoyers.com

Lots of facts, no hearsay needed.

The more I investigate stuff, the more you are proven to be so completely ignorant.

Goldman to resume talks on sale of metals warehouse unit: source | Reuters

Form the article....

Goldman Sachs (GS.N) plans to resume talks with parties interested in buying its metals warehousing business now that new exchange rules have been released, a source familiar with the matter said on Monday.

The talks with potential buyers, which are largely firms based outside the United States, are not part of a formal sales process, the source said.

Metro International Trading Services, which stores aluminum and other metals as part of the London Metal Exchange (LME) warehouse system, has been at the center of a controversy around Wall Street's ownership of physical commodity assets.

The paper said several of the potential buyers were Chinese firms, including Chinese insurer Ping An and China Minmetals. Brazilian bank Grupo BTG Pactual SA (BBTG11.SA) is also actively looking at warehouse assets, trade and industry sources say.

Goldman has said that Metro was bought under a "private equity exemption" that would allow the bank to own the business for up to 10 years as long as it operates at arm's length from its commodities traders.

The bank bought Metro in 2010 for around $500 million.​

It's stuff like this, that proves to me why America will decline into 3rd world status, when the citizens of this country are so uninformed, and mindlessly follow the unsupportable statements of bloggers.

Several things here......

First, you people, the morons you support in office, have already won this idiotic fight. Goldman Sachs is selling off the company.

Second, notice who they are selling it to?
Chinese insurer Ping An. An insurance company. That would be illegal under leftard stupidity, but China doesn't have that problem.
China Minmetals. A bank and trading company. That would be illegal under leftard stupidity, but China has no problem.
Grupo BTG Pactual SA. A Brazilian bank. Illegal under Leftard stupitidy, but Brazil has no problem with that.

It's posts like this, that I have to bite my tongue, because what I really want to do is scream, insult, and belittle you. This right here, is why America is falling relative to the world, and you people don't even grasp that the cause of it is in your mirror.

Look at this.... An American Company, creating American jobs, paying American taxes, owning international assets, investments that bring to America international profits..... and here we are forcing them to sell off their assets to the exact same businesses in other countries, so that they are more wealthy, and we are less wealthy, so they get more international revenue, and we get less international revenue.

We have successfully made ourselves poorer, at the same time we helped other companies in other countries get richer, and the problem is *YOU* and those like you.

When you look around and wonder why our country is in the sad state it's in, *YOU* are the problem, and you are too ignorant to even know it.

You mindlessly spout off about how one bank, owning one commodity warehouse company, is going to move the market?

Did you read how much money Goldman Sachs paid for Metro? $500 Million. Did you read how much in commodities are traded on the London Exchange every year? $14.5 Trillion. That required me less than one minute to figure out, but you didn't. What does that tell you about yourself?

And then your "network of wearhouses" crap? Look it up.
London Metal Exchange: Warehousing
First link center of the page.
"View a list of approved warehouses and storage facilities"

27 pages of warehouses, each page listing 28 to 29 facilities, for a total of about 800 warehouses throughout the world. There are a dozen warehousing companies. Of those warehouses, only 60 of the 800, at most, are operated by Metro. 7% of all the warehouses, and you think that Goldman Sachs can corner the market with a mere 7% of the warehouses?

Really? 60 of 800 warehouses can corner the market? Ugh.... so dumb. So blindly stupid.

*THIS* is why America is falling. This is why our economy is in the trash. When people believe something so dumb, so stupid, so absolutely idiotic, and never fact check anything.... that's why our country is screwed up. All of this required me less than 10 minutes worth of looking up the facts. Yet you didn't know any of this. What does that say about you, and those people you support? Huh? What's your excuse? I want to hear it!

 

[georgephillip]

Where is Democracy to be found in a world where the three richest individuals have assets that exceed the combined GDP of 47 countries?

Who cares.

Besides, inequality has jumped under this President.

This President serves the same 1% of voters his predecessors did, and the same 1% whoever occupies the Oval Office next will depend upon to finance her campaign and retirement.

If you don't see the connection between private wealth concentration for the few and decreased democracy for the many, why should I care?

 

[Indeependent]

Didn't G-S get a BAIL-OUT which allowed them to do this?

 

[georgephillip]

The lifestyles of the rich and famous in the US don't exist without exploiting the resources and labor of distant colonies.

An agreement reached freely between two consenting parties is not exploitation.
It's freedom and capitalism.

It's colonialism and fascism for those who know history:

"On Aug. 19, 1953, Prime Minister Mohammad Mossadegh of Iran became the first victim of a C.I.A. coup. Ten months later, on June 27, 1954, President Jacobo Arbenz of Guatemala became the second..."

"SOON after the C.I.A. installed him as president of Guatemala in 1954, Col. Carlos Castillo Armas visited Washington.

"He was unusually forthright with Vice President Richard M. Nixon. 'Tell me what you want me to do,' he said, 'and I will do it.'

"What the United States wanted in Guatemala -- and in Iran, where the C.I.A. also deposed a government in the early 1950's -- was pro-American stability.

"In the long run, though, neither Colonel Castillo Armas nor his Iranian counterpart, Shah Mohammed Reza Pahlavi, provided it. Instead, both led their countries away from democracy and toward repression and tragedy.

"How did this happen? From the perspective of half a century, what is the legacy of these two coups?

"Several dozen scholars, including leading experts on Iran and Guatemala, gathered in Chicago this month to consider those questions. Their conclusions were grim. All agreed that both coups -- the first that the C.I.A. carried out -- had terrible long-term effects."

Not unlike the terrible long term effects inflicted upon the people of Iraq and Afghanistan by rich parasites who profit from 21st century wars of aggression.

Ideas & Trends - Iran and Guatemala, 1953-54 - Revisiting Cold War Coups and Finding Them Costly - NYTimes.com

It's colonialism and fascism

If you say so, Nancy.

There is an alternative, Maggie

"'It's quite clear that the 1953 coup cut short a move toward democracy in Iran' said Mark J. Gasiorowski, a historian at Louisiana State University who began studying that coup in the 1980's. 'The United States bears responsibility for this.'

"Iranians wrote a constitution and elected a parliament early in the 20th century.

"Their progress toward democracy stopped after the Pahlavi dynasty took the throne with British help in 1921, but resumed after World War II.

"By the time of the 1953 coup, Iran was more free than at any time before or since.

"The verdict on Guatemala was even harsher.

"Within a few years after the 1954 coup, Guatemala fell into a maelstrom of guerrilla war and state terror in which hundreds of thousands of people died."

It's called Democracy

Ideas & Trends - Iran and Guatemala, 1953-54 - Revisiting Cold War Coups and Finding Them Costly - NYTimes.com

 

[Toddsterpatriot]

It's colonialism and fascism for those who know history:

"On Aug. 19, 1953, Prime Minister Mohammad Mossadegh of Iran became the first victim of a C.I.A. coup. Ten months later, on June 27, 1954, President Jacobo Arbenz of Guatemala became the second..."

"SOON after the C.I.A. installed him as president of Guatemala in 1954, Col. Carlos Castillo Armas visited Washington.

"He was unusually forthright with Vice President Richard M. Nixon. 'Tell me what you want me to do,' he said, 'and I will do it.'

"What the United States wanted in Guatemala -- and in Iran, where the C.I.A. also deposed a government in the early 1950's -- was pro-American stability.

"In the long run, though, neither Colonel Castillo Armas nor his Iranian counterpart, Shah Mohammed Reza Pahlavi, provided it. Instead, both led their countries away from democracy and toward repression and tragedy.

"How did this happen? From the perspective of half a century, what is the legacy of these two coups?

"Several dozen scholars, including leading experts on Iran and Guatemala, gathered in Chicago this month to consider those questions. Their conclusions were grim. All agreed that both coups -- the first that the C.I.A. carried out -- had terrible long-term effects."

Not unlike the terrible long term effects inflicted upon the people of Iraq and Afghanistan by rich parasites who profit from 21st century wars of aggression.

Ideas & Trends - Iran and Guatemala, 1953-54 - Revisiting Cold War Coups and Finding Them Costly - NYTimes.com

It's colonialism and fascism

If you say so, Nancy.

There is an alternative, Maggie

"'It's quite clear that the 1953 coup cut short a move toward democracy in Iran' said Mark J. Gasiorowski, a historian at Louisiana State University who began studying that coup in the 1980's. 'The United States bears responsibility for this.'

"Iranians wrote a constitution and elected a parliament early in the 20th century.

"Their progress toward democracy stopped after the Pahlavi dynasty took the throne with British help in 1921, but resumed after World War II.

"By the time of the 1953 coup, Iran was more free than at any time before or since.

"The verdict on Guatemala was even harsher.

"Within a few years after the 1954 coup, Guatemala fell into a maelstrom of guerrilla war and state terror in which hundreds of thousands of people died."

It's called Democracy

Ideas & Trends - Iran and Guatemala, 1953-54 - Revisiting Cold War Coups and Finding Them Costly - NYTimes.com

It's obvious that every barrel of oil we buy from a foreign country is due to exploitation, colonialism and fascism . /Marxist idiocy off

 

[whitehall]

Why not try out socialism in a tight, well organized high profile part of American society? Let's get behind the effort to pay actors the same scale as the people behind the camera and the people who build the sets and if the income equality works in Hollywood we can try it in politics next. Wadda youse lefties say? Is it a deal?

 

[georgephillip]

Which doesn't address, contradict, or answer anything I said.



That's a lie.



The people on Wall Street didn't go to prison, because they didn't violate any laws. Inequality is not a violation of law. Nor is it a violation of law to make loans the Federal Government was suing you in court, forcing you to make.



It's interesting how innocent until proven guilty applies to leftists, but never the people they accuse. JP Morgan, and Goldman Sachs are being investigated. It's possible it's true, in which case they will be fined or charged. If it's not true, and right now all they have is allegations, then you are blowing smoke, to support your preconceived judgement on others.

The fact is, Goldman owns such a tiny portion of the metals market, the idea that one warehouse on the entire planet, can sway the price level of the entire market, is absolutely ridiculous. Now that doesn't mean they were not doing something wrong, but only the economically illiterate would think that Goldman Sachs can corner the entire market with a tiny sliver of the market share.



Lots of hearsay, very little fact.

Again, European banks have never had a restriction on buying up non-banking companies. If allowing that, allowed them to "CONTROL THE PLANET!", then why haven't the European banks taken over the world by now?


Lots of drama, and blustery proclamations, very little reality.

Does your conception of reality include the distinction between "a network of warehouse" and "one warehouse on the entire planet?"

If not, it stands to reason you would be totally ignorant of the crime of control accounting fraud and its role in causing our latest financial collapse:

"Joshua Holland: To date, a few loan officers — small fish — have been convicted of various offenses related to the financial crash. But none of the big bankers have faced any charges. And it’s not that the government has been losing cases in the courts.

"There’s simply been no concerted effort to prosecute these guys.

"Can you contrast that with what happened during the savings and loan scandal of the 1980s, and also give us your sense of why this has been the case?

William Black: Sure.

"The savings and loan debacle was one-seventieth the size of the current crisis, both in terms of losses and the amount of fraud.

"In that crisis, the savings and loan regulators made over 30,000 criminal referrals, and this produced over 1,000 felony convictions in cases designated as 'major' by the Department of Justice.

"But even that understates the degree of prioritization, because we, the regulators, worked very closely with the FBI and the Justice Department to create a list of the top 100 — the 100 worst fraud schemes.

"They involved roughly 300 savings and loans and 600 individuals, and virtually all of those people were prosecuted.

"We had a 90 percent conviction rate, which is the greatest success against elite white-collar crime (in terms of prosecution) in history.

"In the current crisis, that same agency, the Office of Thrift Supervision, which was supposed to regulate, among others, Countrywide, Washington Mutual and IndyMac — which collectively made hundreds of thousands of fraudulent mortgage loans — made zero criminal referrals.

"The Office of the Comptroller of the Currency, which is supposed to regulate the largest national banks, made zero criminal referrals.

"The Federal Reserve appears to have made zero criminal referrals; it made three about discrimination.

"And the FDIC was smart enough to refuse to answer the question, but nobody thinks they made any material number of criminal referrals [either]."

Hundreds of Wall Street Execs Went to Prison During the Last Fraud-Fueled Bank Crisis | Blog, Connecting the Dots | BillMoyers.com

Lots of facts, no hearsay needed.

The more I investigate stuff, the more you are proven to be so completely ignorant.

Goldman to resume talks on sale of metals warehouse unit: source | Reuters

Form the article....

Goldman Sachs (GS.N) plans to resume talks with parties interested in buying its metals warehousing business now that new exchange rules have been released, a source familiar with the matter said on Monday.

The talks with potential buyers, which are largely firms based outside the United States, are not part of a formal sales process, the source said.

Metro International Trading Services, which stores aluminum and other metals as part of the London Metal Exchange (LME) warehouse system, has been at the center of a controversy around Wall Street's ownership of physical commodity assets.

The paper said several of the potential buyers were Chinese firms, including Chinese insurer Ping An and China Minmetals. Brazilian bank Grupo BTG Pactual SA (BBTG11.SA) is also actively looking at warehouse assets, trade and industry sources say.

Goldman has said that Metro was bought under a "private equity exemption" that would allow the bank to own the business for up to 10 years as long as it operates at arm's length from its commodities traders.

The bank bought Metro in 2010 for around $500 million.​

It's stuff like this, that proves to me why America will decline into 3rd world status, when the citizens of this country are so uninformed, and mindlessly follow the unsupportable statements of bloggers.

Several things here......

First, you people, the morons you support in office, have already won this idiotic fight. Goldman Sachs is selling off the company.

Second, notice who they are selling it to?
Chinese insurer Ping An. An insurance company. That would be illegal under leftard stupidity, but China doesn't have that problem.
China Minmetals. A bank and trading company. That would be illegal under leftard stupidity, but China has no problem.
Grupo BTG Pactual SA. A Brazilian bank. Illegal under Leftard stupitidy, but Brazil has no problem with that.

It's posts like this, that I have to bite my tongue, because what I really want to do is scream, insult, and belittle you. This right here, is why America is falling relative to the world, and you people don't even grasp that the cause of it is in your mirror.

Look at this.... An American Company, creating American jobs, paying American taxes, owning international assets, investments that bring to America international profits..... and here we are forcing them to sell off their assets to the exact same businesses in other countries, so that they are more wealthy, and we are less wealthy, so they get more international revenue, and we get less international revenue.

We have successfully made ourselves poorer, at the same time we helped other companies in other countries get richer, and the problem is *YOU* and those like you.

When you look around and wonder why our country is in the sad state it's in, *YOU* are the problem, and you are too ignorant to even know it.

You mindlessly spout off about how one bank, owning one commodity warehouse company, is going to move the market?

Did you read how much money Goldman Sachs paid for Metro? $500 Million. Did you read how much in commodities are traded on the London Exchange every year? $14.5 Trillion. That required me less than one minute to figure out, but you didn't. What does that tell you about yourself?

And then your "network of wearhouses" crap? Look it up.
London Metal Exchange: Warehousing
First link center of the page.
"View a list of approved warehouses and storage facilities"

27 pages of warehouses, each page listing 28 to 29 facilities, for a total of about 800 warehouses throughout the world. There are a dozen warehousing companies. Of those warehouses, only 60 of the 800, at most, are operated by Metro. 7% of all the warehouses, and you think that Goldman Sachs can corner the market with a mere 7% of the warehouses?

Really? 60 of 800 warehouses can corner the market? Ugh.... so dumb. So blindly stupid.

*THIS* is why America is falling. This is why our economy is in the trash. When people believe something so dumb, so stupid, so absolutely idiotic, and never fact check anything.... that's why our country is screwed up. All of this required me less than 10 minutes worth of looking up the facts. Yet you didn't know any of this. What does that say about you, and those people you support? Huh? What's your excuse? I want to hear it!

"U.S. Subpoenas Goldman in Inquiry of Aluminum Warehouses
By DAVID KOCIENIEWSKI
Published: August 12, 2013

"Goldman Sachs has been subpoenaed by federal regulators investigating complaints that the financial giant’s metals warehouses have intentionally created delays and inflated the price of aluminum.

"The Commodity Futures Trading Commission has issued subpoenas to Goldman and owners of other major warehouses as part of its inquiry into irregularities in the aluminum market that are believed to have cost consumers billions of dollars since 2010.

"The subpoenas seek all documents, e-mails, correspondence, voice recordings and other records concerning the warehouse operations dating back to January 2010, according to two people familiar with the documents.

"The subpoenas also demand documents and correspondence regarding the London Metals Exchange, a private trade association that regulates warehousing. The subpoenas indicate that the federal inquiry has 30 'areas of interest.'

"Goldman bought Metropolitan International Trade Services, a string of Detroit-area
metals warehouses, in 2010 and soon afterward beverage makers and manufacturers began complaining that the company was restricting the outflow of metal, causing lengthy delays in delivery.

"Those waits, which grew from six weeks in 2010 to around 16 months now, mean higher storage costs for metal owners, who are charged rent by the day."

http://www.nytimes.com/2013/08/13/business/us-subpoenas-goldman-in-inquiry-of-aluminum-warehouses.html?_r=0

The blind faith that ignorant fools place in rich parasites like GS to extort rents in pursuit of private profit by socializing costs on consumers world-wide, doesn't mode well for democratic rule in this country.

 

[georgephillip]

Why not try out socialism in a tight, well organized high profile part of American society? Let's get behind the effort to pay actors the same scale as the people behind the camera and the people who build the sets and if the income equality works in Hollywood we can try it in politics next. Wadda youse lefties say? Is it a deal?

How about we start on Wall Street and Hollywood?

 

[1776]

I doubt Sean Penn is going to give up his wealth...or George Soros.

Why not try out socialism in a tight, well organized high profile part of American society? Let's get behind the effort to pay actors the same scale as the people behind the camera and the people who build the sets and if the income equality works in Hollywood we can try it in politics next. Wadda youse lefties say? Is it a deal?

How about we start on Wall Street and Hollywood?

 

[Andylusion]

Does your conception of reality include the distinction between "a network of warehouse" and "one warehouse on the entire planet?"

If not, it stands to reason you would be totally ignorant of the crime of control accounting fraud and its role in causing our latest financial collapse:

"Joshua Holland: To date, a few loan officers — small fish — have been convicted of various offenses related to the financial crash. But none of the big bankers have faced any charges. And it’s not that the government has been losing cases in the courts.

"There’s simply been no concerted effort to prosecute these guys.

"Can you contrast that with what happened during the savings and loan scandal of the 1980s, and also give us your sense of why this has been the case?

William Black: Sure.

"The savings and loan debacle was one-seventieth the size of the current crisis, both in terms of losses and the amount of fraud.

"In that crisis, the savings and loan regulators made over 30,000 criminal referrals, and this produced over 1,000 felony convictions in cases designated as 'major' by the Department of Justice.

"But even that understates the degree of prioritization, because we, the regulators, worked very closely with the FBI and the Justice Department to create a list of the top 100 — the 100 worst fraud schemes.

"They involved roughly 300 savings and loans and 600 individuals, and virtually all of those people were prosecuted.

"We had a 90 percent conviction rate, which is the greatest success against elite white-collar crime (in terms of prosecution) in history.

"In the current crisis, that same agency, the Office of Thrift Supervision, which was supposed to regulate, among others, Countrywide, Washington Mutual and IndyMac — which collectively made hundreds of thousands of fraudulent mortgage loans — made zero criminal referrals.

"The Office of the Comptroller of the Currency, which is supposed to regulate the largest national banks, made zero criminal referrals.

"The Federal Reserve appears to have made zero criminal referrals; it made three about discrimination.

"And the FDIC was smart enough to refuse to answer the question, but nobody thinks they made any material number of criminal referrals [either]."

Hundreds of Wall Street Execs Went to Prison During the Last Fraud-Fueled Bank Crisis | Blog, Connecting the Dots | BillMoyers.com

Lots of facts, no hearsay needed.

The more I investigate stuff, the more you are proven to be so completely ignorant.

Goldman to resume talks on sale of metals warehouse unit: source | Reuters

Form the article....

Goldman Sachs (GS.N) plans to resume talks with parties interested in buying its metals warehousing business now that new exchange rules have been released, a source familiar with the matter said on Monday.

The talks with potential buyers, which are largely firms based outside the United States, are not part of a formal sales process, the source said.

Metro International Trading Services, which stores aluminum and other metals as part of the London Metal Exchange (LME) warehouse system, has been at the center of a controversy around Wall Street's ownership of physical commodity assets.

The paper said several of the potential buyers were Chinese firms, including Chinese insurer Ping An and China Minmetals. Brazilian bank Grupo BTG Pactual SA (BBTG11.SA) is also actively looking at warehouse assets, trade and industry sources say.

Goldman has said that Metro was bought under a "private equity exemption" that would allow the bank to own the business for up to 10 years as long as it operates at arm's length from its commodities traders.

The bank bought Metro in 2010 for around $500 million.​

It's stuff like this, that proves to me why America will decline into 3rd world status, when the citizens of this country are so uninformed, and mindlessly follow the unsupportable statements of bloggers.

Several things here......

First, you people, the morons you support in office, have already won this idiotic fight. Goldman Sachs is selling off the company.

Second, notice who they are selling it to?
Chinese insurer Ping An. An insurance company. That would be illegal under leftard stupidity, but China doesn't have that problem.
China Minmetals. A bank and trading company. That would be illegal under leftard stupidity, but China has no problem.
Grupo BTG Pactual SA. A Brazilian bank. Illegal under Leftard stupitidy, but Brazil has no problem with that.

It's posts like this, that I have to bite my tongue, because what I really want to do is scream, insult, and belittle you. This right here, is why America is falling relative to the world, and you people don't even grasp that the cause of it is in your mirror.

Look at this.... An American Company, creating American jobs, paying American taxes, owning international assets, investments that bring to America international profits..... and here we are forcing them to sell off their assets to the exact same businesses in other countries, so that they are more wealthy, and we are less wealthy, so they get more international revenue, and we get less international revenue.

We have successfully made ourselves poorer, at the same time we helped other companies in other countries get richer, and the problem is *YOU* and those like you.

When you look around and wonder why our country is in the sad state it's in, *YOU* are the problem, and you are too ignorant to even know it.

You mindlessly spout off about how one bank, owning one commodity warehouse company, is going to move the market?

Did you read how much money Goldman Sachs paid for Metro? $500 Million. Did you read how much in commodities are traded on the London Exchange every year? $14.5 Trillion. That required me less than one minute to figure out, but you didn't. What does that tell you about yourself?

And then your "network of wearhouses" crap? Look it up.
London Metal Exchange: Warehousing
First link center of the page.
"View a list of approved warehouses and storage facilities"

27 pages of warehouses, each page listing 28 to 29 facilities, for a total of about 800 warehouses throughout the world. There are a dozen warehousing companies. Of those warehouses, only 60 of the 800, at most, are operated by Metro. 7% of all the warehouses, and you think that Goldman Sachs can corner the market with a mere 7% of the warehouses?

Really? 60 of 800 warehouses can corner the market? Ugh.... so dumb. So blindly stupid.

*THIS* is why America is falling. This is why our economy is in the trash. When people believe something so dumb, so stupid, so absolutely idiotic, and never fact check anything.... that's why our country is screwed up. All of this required me less than 10 minutes worth of looking up the facts. Yet you didn't know any of this. What does that say about you, and those people you support? Huh? What's your excuse? I want to hear it!

"U.S. Subpoenas Goldman in Inquiry of Aluminum Warehouses
By DAVID KOCIENIEWSKI
Published: August 12, 2013

"Goldman Sachs has been subpoenaed by federal regulators investigating complaints that the financial giant’s metals warehouses have intentionally created delays and inflated the price of aluminum.

"The Commodity Futures Trading Commission has issued subpoenas to Goldman and owners of other major warehouses as part of its inquiry into irregularities in the aluminum market that are believed to have cost consumers billions of dollars since 2010.

"The subpoenas seek all documents, e-mails, correspondence, voice recordings and other records concerning the warehouse operations dating back to January 2010, according to two people familiar with the documents.

"The subpoenas also demand documents and correspondence regarding the London Metals Exchange, a private trade association that regulates warehousing. The subpoenas indicate that the federal inquiry has 30 'areas of interest.'

"Goldman bought Metropolitan International Trade Services, a string of Detroit-area
metals warehouses, in 2010 and soon afterward beverage makers and manufacturers began complaining that the company was restricting the outflow of metal, causing lengthy delays in delivery.

"Those waits, which grew from six weeks in 2010 to around 16 months now, mean higher storage costs for metal owners, who are charged rent by the day."

http://www.nytimes.com/2013/08/13/business/us-subpoenas-goldman-in-inquiry-of-aluminum-warehouses.html?_r=0

The blind faith that ignorant fools place in rich parasites like GS to extort rents in pursuit of private profit by socializing costs on consumers world-wide, doesn't mode well for democratic rule in this country.

You lost the argument again. Just like that. You didn't address, nor contradict a single statement. You didn't address any of the facts.

You have an allegation. Is innocent until proven guilty only apply to Leftards, and not the people they accuse?

Further, even if everything is proven true, does that change anything I said? Nope.

You lost dude. The argument is obviously over, and you have nothing left to add, or you would have said it by now.

 

[georgephillip]

Didn't G-S get a BAIL-OUT which allowed them to do this?

Matt Taibbi seems to think so:

"Call it the loophole that destroyed the world. It's 1999, the tail end of the Clinton years. While the rest of America obsesses over Monica Lewinsky, Columbine and Mark McGwire's biceps, Congress is feverishly crafting what could yet prove to be one of the most transformative laws in the history of our economy – a law that would make possible a broader concentration of financial and industrial power than we've seen in more than a century..."

"And last summer, The New York Times described how Goldman Sachs was caught systematically delaying the delivery of metals out of a network of warehouses it owned in order to jack up rents and artificially boost prices.

"You might not have been surprised that Goldman got caught scamming the world again, but it was certainly news to a lot of people that an investment bank with no industrial expertise, just five years removed from a federal bailout, stores and controls enough of America's aluminum supply to affect world prices.

The Vampire Squid Strikes Again: The Mega Banks' Most Devious Scam Yet | Politics News | Rolling Stone

 

[georgephillip]

The more I investigate stuff, the more you are proven to be so completely ignorant.

Goldman to resume talks on sale of metals warehouse unit: source | Reuters

Form the article....

Goldman Sachs (GS.N) plans to resume talks with parties interested in buying its metals warehousing business now that new exchange rules have been released, a source familiar with the matter said on Monday.

The talks with potential buyers, which are largely firms based outside the United States, are not part of a formal sales process, the source said.

Metro International Trading Services, which stores aluminum and other metals as part of the London Metal Exchange (LME) warehouse system, has been at the center of a controversy around Wall Street's ownership of physical commodity assets.

The paper said several of the potential buyers were Chinese firms, including Chinese insurer Ping An and China Minmetals. Brazilian bank Grupo BTG Pactual SA (BBTG11.SA) is also actively looking at warehouse assets, trade and industry sources say.

Goldman has said that Metro was bought under a "private equity exemption" that would allow the bank to own the business for up to 10 years as long as it operates at arm's length from its commodities traders.

The bank bought Metro in 2010 for around $500 million.​

It's stuff like this, that proves to me why America will decline into 3rd world status, when the citizens of this country are so uninformed, and mindlessly follow the unsupportable statements of bloggers.

Several things here......

First, you people, the morons you support in office, have already won this idiotic fight. Goldman Sachs is selling off the company.

Second, notice who they are selling it to?
Chinese insurer Ping An. An insurance company. That would be illegal under leftard stupidity, but China doesn't have that problem.
China Minmetals. A bank and trading company. That would be illegal under leftard stupidity, but China has no problem.
Grupo BTG Pactual SA. A Brazilian bank. Illegal under Leftard stupitidy, but Brazil has no problem with that.

It's posts like this, that I have to bite my tongue, because what I really want to do is scream, insult, and belittle you. This right here, is why America is falling relative to the world, and you people don't even grasp that the cause of it is in your mirror.

Look at this.... An American Company, creating American jobs, paying American taxes, owning international assets, investments that bring to America international profits..... and here we are forcing them to sell off their assets to the exact same businesses in other countries, so that they are more wealthy, and we are less wealthy, so they get more international revenue, and we get less international revenue.

We have successfully made ourselves poorer, at the same time we helped other companies in other countries get richer, and the problem is *YOU* and those like you.

When you look around and wonder why our country is in the sad state it's in, *YOU* are the problem, and you are too ignorant to even know it.

You mindlessly spout off about how one bank, owning one commodity warehouse company, is going to move the market?

Did you read how much money Goldman Sachs paid for Metro? $500 Million. Did you read how much in commodities are traded on the London Exchange every year? $14.5 Trillion. That required me less than one minute to figure out, but you didn't. What does that tell you about yourself?

And then your "network of wearhouses" crap? Look it up.
London Metal Exchange: Warehousing
First link center of the page.
"View a list of approved warehouses and storage facilities"

27 pages of warehouses, each page listing 28 to 29 facilities, for a total of about 800 warehouses throughout the world. There are a dozen warehousing companies. Of those warehouses, only 60 of the 800, at most, are operated by Metro. 7% of all the warehouses, and you think that Goldman Sachs can corner the market with a mere 7% of the warehouses?

Really? 60 of 800 warehouses can corner the market? Ugh.... so dumb. So blindly stupid.

*THIS* is why America is falling. This is why our economy is in the trash. When people believe something so dumb, so stupid, so absolutely idiotic, and never fact check anything.... that's why our country is screwed up. All of this required me less than 10 minutes worth of looking up the facts. Yet you didn't know any of this. What does that say about you, and those people you support? Huh? What's your excuse? I want to hear it!

"U.S. Subpoenas Goldman in Inquiry of Aluminum Warehouses
By DAVID KOCIENIEWSKI
Published: August 12, 2013

"Goldman Sachs has been subpoenaed by federal regulators investigating complaints that the financial giant’s metals warehouses have intentionally created delays and inflated the price of aluminum.

"The Commodity Futures Trading Commission has issued subpoenas to Goldman and owners of other major warehouses as part of its inquiry into irregularities in the aluminum market that are believed to have cost consumers billions of dollars since 2010.

"The subpoenas seek all documents, e-mails, correspondence, voice recordings and other records concerning the warehouse operations dating back to January 2010, according to two people familiar with the documents.

"The subpoenas also demand documents and correspondence regarding the London Metals Exchange, a private trade association that regulates warehousing. The subpoenas indicate that the federal inquiry has 30 'areas of interest.'

"Goldman bought Metropolitan International Trade Services, a string of Detroit-area
metals warehouses, in 2010 and soon afterward beverage makers and manufacturers began complaining that the company was restricting the outflow of metal, causing lengthy delays in delivery.

"Those waits, which grew from six weeks in 2010 to around 16 months now, mean higher storage costs for metal owners, who are charged rent by the day."

http://www.nytimes.com/2013/08/13/business/us-subpoenas-goldman-in-inquiry-of-aluminum-warehouses.html?_r=0

The blind faith that ignorant fools place in rich parasites like GS to extort rents in pursuit of private profit by socializing costs on consumers world-wide, doesn't mode well for democratic rule in this country.

You lost the argument again. Just like that. You didn't address, nor contradict a single statement. You didn't address any of the facts.

You have an allegation. Is innocent until proven guilty only apply to Leftards, and not the people they accuse?

Further, even if everything is proven true, does that change anything I said? Nope.

You lost dude. The argument is obviously over, and you have nothing left to add, or you would have said it by now.

Nothing you've linked to so far contradicts any of the allegations of price fixing I've made against GS.

If GS ducks another conviction it will be due to the political corruption that Capitalism has never existed without

"An analyst at Goldman Sachs Group Inc. (NYSE: GS) has raised its price target on Alcoa Inc. (NYSE: AA) from $12 to $15, a jump of about 36% from the stock’s trading price of around $11 and change late Tuesday afternoon. The research note is cited a Barron’s:

"Ford Motor Co. (NYSE: F) has reduced the weight of its F-150 pickup by 700 pounds using aluminum instead of steel for some body panels, and Goldman’s analyst thinks other carmakers will follow suit.

"That is good news for Alcoa, but it’s also good news for Goldman.

"Goldman owns a Detroit-based warehouse operator, Metro International, that has been the subject of complaints from aluminum users like The Coca-Cola Co. (NYSE: KO) which filed a complaint with the London Metal Exchange (LME) in 2011 alleging that Metro brought aluminum into its warehouses and then refused to let the stuff leave, which caused delays in delivery, higher storage charges, and, ultimately, higher prices for aluminum.

"Last July Goldman agreed to swap spot shipments for its warehoused aluminum after Coca-Cola and MillerCoors again complained of difficulty in getting aluminum shipped from the warehouse.

"In late December Goldman announced an increase of $0.03 per metric ton effective in April, from $0.48 to $0.51, to store aluminum in its warehouse."

Goldman: Aluminum Looks Good; By the Way, We Own Warehouses Full of the Stuff - MarketWatch

 

[georgephillip]

How are you defining "successful?"
$100,000 per year?
$1,000,000 per year??
Has it ever occurred to you your success may we come by exploiting the resources of other countries (O-I-L) or labor of other human beings?

Oh please. If we didn't buy their oil, they'd be more poor and impoverished than they are now.

It's this level of stupidity, that results in wealthy upper class American leftists, ruining the lives of people in other countries.

Remember the Nike plant in Malaysia? Everyone had a cow, and threw a fit. Meanwhile, these Malaysians were happy to even have a job.

But the upper class liberal leftists that have never worked a day in their lives, had a fit. Nike agreed, and raised the pay of the employees..... AND LAID A TON OF THEM OFF.

Hundreds of Malaysians who had no opportunity for a job, were laid off, and left fend for themselves.

What part of this, do you people not get? If you raise the cost of labor, people buy less labor. You raise the wages of people in Malaysia, and now fewer of them have jobs. Yes the few still employed get paid a bit more, but now hundreds are unemployed and starving, in a country very poor, and have few jobs.

BRILLIANT! Who cares about those people. Screw them. We're leftist, and we're going to "stick it to the company" even if we ruin people's lives in the process!

Attacking capitalism is the agenda of every leftist. It doesn't matter whether these attacks are justified or rational. In fact, they are invariably neither. Capitalism is what happens when people are left to make their own decisions, and the minions of the all powerful state can't allow that, especially when it benefits all parties involved. They have to keep alive the idea that the state has to interfere in every transaction or the result would be chaos and disaster.

Capitalism is what happens when corruption is endemic to a political economic system.

"What chiefly drives this sort of political corruption today is capitalism's structure.

"For many capitalist enterprises, competitive and other pressures exist to increase profits, growth rates, and/or market share.

"Their boards and top managers seek to find cheaper produced inputs and cheaper labor power, to extract more output from their workers, to sell their outputs at the highest possible prices and to find more profitable technologies.

"The structure provides them with every incentive of financial gain and/or career security and advancement to behave in those ways.

"Thus, boards and top managers seek the maximum obtainable assistance of government officials in all these areas and also try to pay the least possible portion of their net revenues as taxes.

"Boards of directors tap their corporations' profits to corrupt mostly the top echelons of the government bureaucracy, those needed to make advantageous official decisions."

http://rdwolff.com/content/political-corruption-and-capitalism

Capitalism could not exist in a system that made it impossible for private wealth to dictate public policy; democratized workplaces where workers collectively direct their collective destinies is where Capitalism dies.

 

[Toddsterpatriot]

Oh please. If we didn't buy their oil, they'd be more poor and impoverished than they are now.

It's this level of stupidity, that results in wealthy upper class American leftists, ruining the lives of people in other countries.

Remember the Nike plant in Malaysia? Everyone had a cow, and threw a fit. Meanwhile, these Malaysians were happy to even have a job.

But the upper class liberal leftists that have never worked a day in their lives, had a fit. Nike agreed, and raised the pay of the employees..... AND LAID A TON OF THEM OFF.

Hundreds of Malaysians who had no opportunity for a job, were laid off, and left fend for themselves.

What part of this, do you people not get? If you raise the cost of labor, people buy less labor. You raise the wages of people in Malaysia, and now fewer of them have jobs. Yes the few still employed get paid a bit more, but now hundreds are unemployed and starving, in a country very poor, and have few jobs.

BRILLIANT! Who cares about those people. Screw them. We're leftist, and we're going to "stick it to the company" even if we ruin people's lives in the process!

Attacking capitalism is the agenda of every leftist. It doesn't matter whether these attacks are justified or rational. In fact, they are invariably neither. Capitalism is what happens when people are left to make their own decisions, and the minions of the all powerful state can't allow that, especially when it benefits all parties involved. They have to keep alive the idea that the state has to interfere in every transaction or the result would be chaos and disaster.

Capitalism is what happens when corruption is endemic to a political economic system.

"What chiefly drives this sort of political corruption today is capitalism's structure.

"For many capitalist enterprises, competitive and other pressures exist to increase profits, growth rates, and/or market share.

"Their boards and top managers seek to find cheaper produced inputs and cheaper labor power, to extract more output from their workers, to sell their outputs at the highest possible prices and to find more profitable technologies.

"The structure provides them with every incentive of financial gain and/or career security and advancement to behave in those ways.

"Thus, boards and top managers seek the maximum obtainable assistance of government officials in all these areas and also try to pay the least possible portion of their net revenues as taxes.

"Boards of directors tap their corporations' profits to corrupt mostly the top echelons of the government bureaucracy, those needed to make advantageous official decisions."

Political Corruption and Capitalism | Professor Richard D. Wolff

Capitalism could not exist in a system that made it impossible for private wealth to dictate public policy; democratized workplaces where workers collectively direct their collective destinies is where Capitalism dies.

It's true, the bigger government becomes, the greater the chance for corruption.

Shrink government now!

The Tea Party is glad you agree.

 

[georgephillip]

In other words - don't be successful. Make sure you fail so you are rewarded.

And Dumbocrats wonder why they create failure, misery, and poverty with everything they touch....

How are you defining "successful?"
$100,000 per year?
$1,000,000 per year??
Has it ever occurred to you your success may we come by exploiting the resources of other countries (O-I-L) or labor of other human beings?

Oh please. If we didn't buy their oil, they'd be more poor and impoverished than they are now.

It's this level of stupidity, that results in wealthy upper class American leftists, ruining the lives of people in other countries.

Remember the Nike plant in Malaysia? Everyone had a cow, and threw a fit. Meanwhile, these Malaysians were happy to even have a job.

But the upper class liberal leftists that have never worked a day in their lives, had a fit. Nike agreed, and raised the pay of the employees..... AND LAID A TON OF THEM OFF.

Hundreds of Malaysians who had no opportunity for a job, were laid off, and left fend for themselves.

What part of this, do you people not get? If you raise the cost of labor, people buy less labor. You raise the wages of people in Malaysia, and now fewer of them have jobs. Yes the few still employed get paid a bit more, but now hundreds are unemployed and starving, in a country very poor, and have few jobs.

BRILLIANT! Who cares about those people. Screw them. We're leftist, and we're going to "stick it to the company" even if we ruin people's lives in the process!

How's the oil production in Fallujah?

"Dramatic increases in infant mortality, cancer and leukaemia in the Iraqi city of Fallujah, which was bombarded by US Marines in 2004, exceed those reported by survivors of the atomic bombs that were dropped on Hiroshima and Nagasaki in 1945, according to a new study.

"Iraqi doctors in Fallujah have complained since 2005 of being overwhelmed by the number of babies with serious birth defects, ranging from a girl born with two heads to paralysis of the lower limbs.

"They said they were also seeing far more cancers than they did before the battle for Fallujah between US troops and insurgents.

How many people had their lives ruined in Iraq and Afghanistan from capitalism's inherent dependence on war and debt?

http://www.independent.co.uk/news/world/middle-east/toxic-legacy-of-us-assault-on-fallujah-worse-than-hiroshima-2034065.html

 

[Indeependent]

Attacking capitalism is the agenda of every leftist. It doesn't matter whether these attacks are justified or rational. In fact, they are invariably neither. Capitalism is what happens when people are left to make their own decisions, and the minions of the all powerful state can't allow that, especially when it benefits all parties involved. They have to keep alive the idea that the state has to interfere in every transaction or the result would be chaos and disaster.

Capitalism is what happens when corruption is endemic to a political economic system.

"What chiefly drives this sort of political corruption today is capitalism's structure.

"For many capitalist enterprises, competitive and other pressures exist to increase profits, growth rates, and/or market share.

"Their boards and top managers seek to find cheaper produced inputs and cheaper labor power, to extract more output from their workers, to sell their outputs at the highest possible prices and to find more profitable technologies.

"The structure provides them with every incentive of financial gain and/or career security and advancement to behave in those ways.

"Thus, boards and top managers seek the maximum obtainable assistance of government officials in all these areas and also try to pay the least possible portion of their net revenues as taxes.

"Boards of directors tap their corporations' profits to corrupt mostly the top echelons of the government bureaucracy, those needed to make advantageous official decisions."

Political Corruption and Capitalism | Professor Richard D. Wolff

Capitalism could not exist in a system that made it impossible for private wealth to dictate public policy; democratized workplaces where workers collectively direct their collective destinies is where Capitalism dies.

It's true, the bigger government becomes, the greater the chance for corruption.

Shrink government now!

The Tea Party is glad you agree.

The TP LOVES off-shoring and business visas.
That's JUST what we need right now to boost employment.

 

[IlarMeilyr]

THOSE evil ******* "rich" people eat well while the less affluent have to scrape by.

That's the gist of the complaint.

But while the new lolberal talking point is making the rounds, I can't help but ask:

what exactly do these guys propose as the solution for this disparity?

Strip away all the excess verbiage (verbal camouflage, since they don't want to ever come right out and SAY it) and their agenda is revealed. (This is why they don't care to address their 'solution" in clear terms.)

They want to -- they think they should be entitled to do it in fact -- and they WILL seek to confiscate from the evil rich bastards ever increasing amounts of their wealth. It doesn't belong to them, you see. They didn't earn that. They didn't build that. (Sound familiar?)

It isn't "really" the wealth of the rich greedy bastards. No. No no. It's stuff they somehow denied the other 99% from having. So, whether it takes the form of outright confiscation or just the death of a million cuts (taxation without end), the 'solution" is some kind of TAKING. It's a reclamation, you see. It's not "taking from the rich." It's taking BACK from the "rich" to redistribute to everybody ELSE.

But enough of this analysis. Let's have the spokespersons for this new liberal talking point meme step up to the podium and cut the malarkey.

The rich have more. The less affluent (the poor, the 99%) have less. There is an income inequality. There is a wealth disparity. Now, what is the proposed "lib" solution to this identified "problem?"

We await your eloquence.

Corruption is the single most eloquent explanation for why your beloved "greedy rich bastards" eat better that the poor. Daily reports from around the planet confirm how government bureaucrats abuse their offices for personal gain. In the US, the greedy rich bastards bribed elected Republicans AND Democrats over the past four decades for favorable tax and trade policies that have increased a few private fortunes at the expense of millions of lost middle class jobs, pension plans, and homes. The solution was pioneered by FDR during WWII; in today's class war impose a 100% tax rates on all US incomes over 1,000,000 dollars. Any of the rich greedy pseudo job creators in the US who don't like it are free to polish their Mandarin and move where they will feel more at home.

We await your wimpish, whining, weaseling response.

The wimpish and whining and weaseling response is the one you just offered. You are badly confused or just a willful liar.

And corruption is a bad thing. It should, in fact, be addressed -- and it is. Sporadically. Not always effectively. And like a weed, it crops up again when rooted out. But your PREMISE is absolutely false.

There's no surprise.

The "rich" eat better and live in better homes and overall live in a more comfortable style largely because Capitalism rewards productivity.

I await more of your dishonesty and your general sophistry, georgieporgie.