Top 8% Own 85%

[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%.

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

Thanks for the graphic, but I would be more interested in the breakdown for the US only. its probably safe to say, the more corrupt the government the more concentrated the wealth.

Do you really think it is any different in the US?

Here it is...

Do you really think it's the same in every country?

No and I never stated is was.

 

[Brain357]

$$$$$$$$$$$ envy!!

All this inequality slows the economy. That is bad for everybody.

 

[dannyboys]

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.

Exactly my attitude.
The only thing I really want now is a 'Tubi' package for my old Mas.
I was going for the SS package but my mechanic advised that there is always too much deferential heat expansion where the exhaust pipes meet the manifolds.
So I'm going for harder steel exhaust system.
I worked my ass off for decades. Saved and invested.
Buckled down in school and university and was able to secure a great future for myself and my large family.
I given away more money to charities over the years than I can count.
I will continue to do so. But I will NEVER give a ******* penny to people who are not determined to make the most of their lives, given whatever abilities they have.

 

[gipper]

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.

Exactly my attitude.
The only thing I really want now is a 'Tubi' package for my old Mas.
I was going for the SS package but my mechanic advised that there is always too much deferential heat expansion where the exhaust pipes meet the manifolds.
So I'm going for harder steel exhaust system.
I worked my ass off for decades. Saved and invested.
Buckled down in school and university and was able to secure a great future for myself and my large family.
I given away more money to charities over the years than I can count.
I will continue to do so. But I will NEVER give a ******* penny to people who are not determined to make the most of their lives, given whatever abilities they have.

Pointing out that the system is rigged for the elites, in no way denigrates those who work hard and achieve success.

 

[dannyboys]

The "system" is rigged, for the wealthiest to stay the wealthiest... if you can not recognize this, then you are blind, and willfully ignorant.

Yes the 'system' is rigged. Always has been always will be.
If someone is going to 'rig' the system I'd rather it be done by smart, determined, hard working people than by a bunch of ******* LIB losers.

 

[dannyboys]

"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?

That a joke right?
I have visited many Socialist countries. The ONE common denominator is there is always a super rich elite class in the background making their billions off the idiots who know what's happening but cling to the Utopian myth that if only they could change the current government all the endemic corruption will stop.

 

[Skull Pilot]

Can someone please tell me how a rich guy has ever stopped anyone of you from earning more, owning more, or anythig else?

By keeping wages flat for decades and transferring those savings into their accounts.View attachment 70629

So you have absolutely no ability to earn more money because some rich guy is keeping you down?

I didn't say that at all. That's your absolutist bullshit. Everyone could certainly improve their lot in life.

The question was how earning more is prevented and I provided an example. Is that inaccurate?

OK so you just said anyone can improve their lot in life by making more money then you say they can't because some rich guy is not allowing them to get paid more

 

[Brain357]

Can someone please tell me how a rich guy has ever stopped anyone of you from earning more, owning more, or anythig else?

By keeping wages flat for decades and transferring those savings into their accounts.View attachment 70629

So you have absolutely no ability to earn more money because some rich guy is keeping you down?

I didn't say that at all. That's your absolutist bullshit. Everyone could certainly improve their lot in life.

The question was how earning more is prevented and I provided an example. Is that inaccurate?

OK so you just said anyone can improve their lot in life by making more money then you say they can't because some rich guy is not allowing them to get paid more

The rich guys are working hard to hold everyone else down. That isn't good for an economy.

 

[Skull Pilot]

Can someone please tell me how a rich guy has ever stopped anyone of you from earning more, owning more, or anythig else?

By keeping wages flat for decades and transferring those savings into their accounts.View attachment 70629

So you have absolutely no ability to earn more money because some rich guy is keeping you down?

I didn't say that at all. That's your absolutist bullshit. Everyone could certainly improve their lot in life.

The question was how earning more is prevented and I provided an example. Is that inaccurate?

OK so you just said anyone can improve their lot in life by making more money then you say they can't because some rich guy is not allowing them to get paid more

The rich guys are working hard to hold everyone else down. That isn't good for an economy.

No they are not.

If you're not improving your position it's your own fault not some rich guy's

 

[Brain357]

By keeping wages flat for decades and transferring those savings into their accounts.View attachment 70629

So you have absolutely no ability to earn more money because some rich guy is keeping you down?

I didn't say that at all. That's your absolutist bullshit. Everyone could certainly improve their lot in life.

The question was how earning more is prevented and I provided an example. Is that inaccurate?

OK so you just said anyone can improve their lot in life by making more money then you say they can't because some rich guy is not allowing them to get paid more

The rich guys are working hard to hold everyone else down. That isn't good for an economy.

No they are not.

If you're not improving your position it's your own fault not some rich guy's

Every statistic I have seen says you are wrong including the OP.

 

[dannyboys]

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.

The usual bullshit.
The 'rising tide' only lifts boats which are capable of ******* floating.
Literally trillions of dollars, ALL originally earned by someone, have been thrown at a bunch of ships with NO ******* BOTTOMS in them!
Trillions of dollars were flushed down the ******* toilet attempting to 'lift' the ship named USS AFRICA.
Didn't change a thing except to make thousands of negro tribal chiefs/Presidents billionaires.
Of course now, after all that hard earned money ended up in Caribbean bank accounts, the ******* Chinese came along and essentially purchased Africa from the negroes for a few pieces of broken mirror.
You all ought to see how the Chinese treat negroes in Africa. Negroes think they have it bad in the US?

 

[Skull Pilot]

So you have absolutely no ability to earn more money because some rich guy is keeping you down?

I didn't say that at all. That's your absolutist bullshit. Everyone could certainly improve their lot in life.

The question was how earning more is prevented and I provided an example. Is that inaccurate?

OK so you just said anyone can improve their lot in life by making more money then you say they can't because some rich guy is not allowing them to get paid more

The rich guys are working hard to hold everyone else down. That isn't good for an economy.

No they are not.

If you're not improving your position it's your own fault not some rich guy's

Every statistic I have seen says you are wrong including the OP.

Really?

The tell me why have some people made more money than last year?
Did you make more money than last year?
HAs anyone you know made more money than last year or the year before that etc?

The answer is yes millions of people made more than they did last year or the year before that so tell me is some rich guy is controlling their salaries and not allowing them to make more how did they do it?

 

[Brain357]

I didn't say that at all. That's your absolutist bullshit. Everyone could certainly improve their lot in life.

The question was how earning more is prevented and I provided an example. Is that inaccurate?

OK so you just said anyone can improve their lot in life by making more money then you say they can't because some rich guy is not allowing them to get paid more

The rich guys are working hard to hold everyone else down. That isn't good for an economy.

No they are not.

If you're not improving your position it's your own fault not some rich guy's

Every statistic I have seen says you are wrong including the OP.

Really?

The tell me why have some people made more money than last year?
Did you make more money than last year?
HAs anyone you know made more money than last year or the year before that etc?

The answer is yes millions of people made more than they did last year or the year before that so tell me is some rich guy is controlling their salaries and not allowing them to make more how did they do it?

Far too few did. Some made more, but less than inflation. This is slowing our economy.

Poverty, Wages Remain Stagnant Despite Economic Recovery

 

[dannyboys]

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

It's not about being against capitalism. It's about making the wealthy play on a fair playing field rather than the one they have rigged to benefit themselves. If a real correction is not made soon, we will most definitely move toward true socialism, which might not be the best thing in the long run. This isn't just a problem in the US but worldwide.

Ever heard of a little place called Europe?
Pretty much every country in Europe has tried some form of Socialism.
Never worked.
Now many countries are electing good old Capitalist governments.
Those few countries where some form of Socialism still hangs on are moving towards Capitalism.

 

[Skull Pilot]

OK so you just said anyone can improve their lot in life by making more money then you say they can't because some rich guy is not allowing them to get paid more

The rich guys are working hard to hold everyone else down. That isn't good for an economy.

No they are not.

If you're not improving your position it's your own fault not some rich guy's

Every statistic I have seen says you are wrong including the OP.

Really?

The tell me why have some people made more money than last year?
Did you make more money than last year?
HAs anyone you know made more money than last year or the year before that etc?

The answer is yes millions of people made more than they did last year or the year before that so tell me is some rich guy is controlling their salaries and not allowing them to make more how did they do it?

Far too few did. Some made more, but less than inflation. This is slowing our economy.

Poverty, Wages Remain Stagnant Despite Economic Recovery

inflation? WHat inflation?

It's been less than 2% for the past 7 years

 

[Hutch Starskey]

Can someone please tell me how a rich guy has ever stopped anyone of you from earning more, owning more, or anythig else?

By keeping wages flat for decades and transferring those savings into their accounts.View attachment 70629

So you have absolutely no ability to earn more money because some rich guy is keeping you down?

I didn't say that at all. That's your absolutist bullshit. Everyone could certainly improve their lot in life.

The question was how earning more is prevented and I provided an example. Is that inaccurate?

OK so you just said anyone can improve their lot in life by making more money then you say they can't because some rich guy is not allowing them to get paid more

Wages are and have been flat for twenty years.
That cost savings goes where? It's a simple concept.
I answered your question.

 

[Brain357]

The rich guys are working hard to hold everyone else down. That isn't good for an economy.

No they are not.

If you're not improving your position it's your own fault not some rich guy's

Every statistic I have seen says you are wrong including the OP.

Really?

The tell me why have some people made more money than last year?
Did you make more money than last year?
HAs anyone you know made more money than last year or the year before that etc?

The answer is yes millions of people made more than they did last year or the year before that so tell me is some rich guy is controlling their salaries and not allowing them to make more how did they do it?

Far too few did. Some made more, but less than inflation. This is slowing our economy.

Poverty, Wages Remain Stagnant Despite Economic Recovery

inflation? WHat inflation?

It's been less than 2% for the past 7 years

So if you get a 1% raise are you really making more?

 

[Skull Pilot]

Can someone please tell me how a rich guy has ever stopped anyone of you from earning more, owning more, or anythig else?

By keeping wages flat for decades and transferring those savings into their accounts.View attachment 70629

So you have absolutely no ability to earn more money because some rich guy is keeping you down?

I didn't say that at all. That's your absolutist bullshit. Everyone could certainly improve their lot in life.

The question was how earning more is prevented and I provided an example. Is that inaccurate?

OK so you just said anyone can improve their lot in life by making more money then you say they can't because some rich guy is not allowing them to get paid more

Wages are and have been flat for twenty years.
That cost savings goes where? It's a simple concept.
I answered your question.

Funny how I am making way more than I did 20 years ago

How can that happen if wages have been flat?

 

[Hutch Starskey]

I didn't say that at all. That's your absolutist bullshit. Everyone could certainly improve their lot in life.

The question was how earning more is prevented and I provided an example. Is that inaccurate?

OK so you just said anyone can improve their lot in life by making more money then you say they can't because some rich guy is not allowing them to get paid more

The rich guys are working hard to hold everyone else down. That isn't good for an economy.

No they are not.

If you're not improving your position it's your own fault not some rich guy's

Every statistic I have seen says you are wrong including the OP.

Really?

The tell me why have some people made more money than last year?
Did you make more money than last year?
HAs anyone you know made more money than last year or the year before that etc?

The answer is yes millions of people made more than they did last year or the year before that so tell me is some rich guy is controlling their salaries and not allowing them to make more how did they do it?

So the Obama economy is good then?

 

[Skull Pilot]

No they are not.

If you're not improving your position it's your own fault not some rich guy's

Every statistic I have seen says you are wrong including the OP.

Really?

The tell me why have some people made more money than last year?
Did you make more money than last year?
HAs anyone you know made more money than last year or the year before that etc?

The answer is yes millions of people made more than they did last year or the year before that so tell me is some rich guy is controlling their salaries and not allowing them to make more how did they do it?

Far too few did. Some made more, but less than inflation. This is slowing our economy.

Poverty, Wages Remain Stagnant Despite Economic Recovery

inflation? WHat inflation?

It's been less than 2% for the past 7 years

So if you get a 1% raise are you really making more?

If you get another job that pays you 10% more you did.

Why do you think you have to stay at the same job or work only one job for that matter

No rich guy is stopping you from making more money