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Thread: The 1% will own more than the 99% by 2016, report says

  1. #161
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    Re: The 1% will own more than the 99% by 2016, report says

    Quote Originally Posted by AliHajiSheik View Post
    If we could find a way to cut the 1% by 1/10th, then there would be a whole lot less of them.
    Notice that your solution is to tear people down instead of building them up? It seems to me if the percentage of wealthy is growing, that means that some that weren't wealthy before, are wealthy now...why isn't that good?
    Americans are so enamored of equality that they would rather be equal in slavery than unequal in freedom.

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    Re: The 1% will own more than the 99% by 2016, report says

    Quote Originally Posted by Middleground View Post
    You. Do, Not. Get. It.

    With an ever so dwindling pool of available money to be made, how would the bottom 99% increase their median income?

    you are kidding, right?

    there is no magical pool of money to draw from......

    the economy is continually growing

    as some businesses start, others fail

    maybe this will help you understand better

    when anyone opens a business, the most that can be lost is what is invested? yes.....so 100%

    when a business succeeds, what is the most that can be made? let me help you, the answer is infinity

    no one knows how big that business could get, or how successful

    as it grows, it adds to the total economy just as the failed business detracts from it

    as long as we have businesses growing faster, and bigger than the combined losses of those that failed, the economy continue to grow

    wealth is NOT a zero sum game.......how rich you get, doesnt affect me one iota

    so wealth has absolutely NOTHING to do with wages..........

    Wages are stagnant for the middle class because we have lost a lot of our manufacturing base to other countries

    those people who used to work on the assembly line, are now working at any low paying job they can find

    because they have little to no salable skills......

    skills is what determines income.....PERIOD

    rant over
    Last edited by gdgyva; 01-20-15 at 10:25 AM.
    “Most of the shadows of this life are caused by standing in one's own sunshine.”

    Ralph Waldo Emerson

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    Re: The 1% will own more than the 99% by 2016, report says

    Quote Originally Posted by SlevinKelevra View Post
    While I applaud the effort, I have to fundamentally disagree in 2 areas


    1) a COLA is not a raise
    2) employees with bad reviews/etc should be fired and replaced, not kept at same income.
    you run your business your way, and i'll run mine my way

    i dont fire an employee for one bad review.....it is a take notice type of thing....that i expect either better results, or your ass is out the door

    you dont consider cola raises, raises.....ok......you arent my employee, so i dont really care what you think

    sorry...but it is the truth
    “Most of the shadows of this life are caused by standing in one's own sunshine.”

    Ralph Waldo Emerson

  4. #164
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    Re: The 1% will own more than the 99% by 2016, report says

    Quote Originally Posted by JANFU View Post
    What do you think? The middle class is disappearing. At one time increases in productivity equated to wage increases.
    https://fortune.com/2015/01/19/the-1...6-report-says/
    The richest 1% of the population will own more than half of the world’s wealth by next year as inequality continues its relentless rise across the globe, a new report out Monday says.

    The report, by the U.K.-based charity Oxfam, shows that the top 1% have grown their share of global wealth constantly since 2010. After dipping at 44% in the wake of the 2008 financial crisis, it rose to 48% by the end of last year and is poised to top 50% by the end of next year.
    What do I think? I think I don't care. I worry far more about what I have and what I can earn/make than what other people have.
    Horse sense is the thing a horse has which keeps it from betting on people. ~W.C. Fields

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    Re: The 1% will own more than the 99% by 2016, report says

    Much of the folks on this forum are part of the global 1%. There's a cultural disconnect between people of the developed and developing world. A lot of folks can quite grasp how poor much of developing world is and has always been. You are not part of some beaten down, global proletariat, don't kid yourself, count your blessings.

    I'm all ears for discussions about domestic wealth distribution, the situation here in the USA isn't pretty.
    "We have more responsibility than power, I think. The newspaper can create great controversies, stir up arguments within the community or discussion, can throw light on injustices....just as it can do the opposite. It can hide things and be a great power for evil." -- Rupert Murdoch, 1968

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    Re: The 1% will own more than the 99% by 2016, report says

    Quote Originally Posted by Fenton View Post
    Lol...

    No he's a Progressive all right

    His State of the Union claptrap where he unveils his plans to raise taxes on the " Rich " is just one example.
    His words don't make law and he frequently either does nothing or exactly the opposite what he says.

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    Re: The 1% will own more than the 99% by 2016, report says

    Quote Originally Posted by ocean515 View Post
    At the core, is a global social justice agenda that "mysteriously" also forms the basis for many other global efforts, including the AGW agenda. Is there any wonder why the pushers behind "immigration" and these myriad of other issues are all the same groups and people?

    Frankly, while it's alarming, it's also impressive. People have lost sight of what billions can do to manipulate and control others. I don't see it as a conspiracy, it's a very well funded, very sophisticated, global political/social effort. Rather amazing.
    Good morning, ocean515.

    : However, when we look at all the various goals they appear to have, it's only all about control and "wealth inequality" agitation on a global scale! At the core it's all about more money for themselves - I see no altruistic motives for the common good for the rest of humanity, only good old fashioned greed from a few.

    For instance, who will get the money that we will pay out for "Cap and Trade" when heating or cooling our homes - using Obama's own words - "your utility bills will necessarily skyrocket." Or "We can't drive our SUVs and eat as much as we want and keep our homes on 72 degrees at all times...and then just expect that other countries are going to say okay..." Really - Why can't we? I wasn't aware that we had to get anyone's okay, since we haven't asked any other country to pay for what we use! They sure ask for our help though, militarily and otherwise, every time they get in trouble.

    I also agree that lack of clean drinking water is a major problem for most of the world's poor, and we face potential water shortages here, too, so will they build desalination plants at places that need them? Not only is the cost to build only one plant prohibitive, how will the water be piped inland where it's needed? Or will governments around the world, including us, be told they must toe the line on rules made by a small group, or they will get no monetary assistance, even though it will be mostly our money that has paid for it?

    Those in DC seem to be doing their damndest to bankrupt us as fast as possible, too, since they can't control their spending - We had a $17 trillion dollar debt the last I checked- and we see a current budget request for trillions more, so they think we're ripe for the picking, I guess! What a total crock of :

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    Re: The 1% will own more than the 99% by 2016, report says

    Quote Originally Posted by j-mac View Post
    Notice that your solution is to tear people down instead of building them up? It seems to me if the percentage of wealthy is growing, that means that some that weren't wealthy before, are wealthy now...why isn't that good?
    By what rate do you feel the 1% are growing?

  9. #169
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    Re: The 1% will own more than the 99% by 2016, report says

    Quote Originally Posted by AliHajiSheik View Post
    By what rate do you feel the 1% are growing?
    0%. The top 1% will always equal 1% of our population, no more, no less.

    Or do you mean at what rate is the wealth of the 1% growing?
    Quote Originally Posted by ocean515 View Post
    ...I'm not interested in debating someone who is trolling for an argument....
    Quote Originally Posted by Papa bull View Post
    I see a big problem with the idea that whatever the majority wants is OK.

  10. #170
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    Re: The 1% will own more than the 99% by 2016, report says

    Quote Originally Posted by polgara View Post
    Good morning, ocean515.

    : However, when we look at all the various goals they appear to have, it's only all about control and "wealth inequality" agitation on a global scale! At the core it's all about more money for themselves - I see no altruistic motives for the common good for the rest of humanity, only good old fashioned greed from a few.

    For instance, who will get the money that we will pay out for "Cap and Trade" when heating or cooling our homes - using Obama's own words - "your utility bills will necessarily skyrocket." Or "We can't drive our SUVs and eat as much as we want and keep our homes on 72 degrees at all times...and then just expect that other countries are going to say okay..." Really - Why can't we? I wasn't aware that we had to get anyone's okay, since we haven't asked any other country to pay for what we use! They sure ask for our help though, militarily and otherwise, every time they get in trouble.

    I also agree that lack of clean drinking water is a major problem for most of the world's poor, and we face potential water shortages here, too, so will they build desalination plants at places that need them? Not only is the cost to build only one plant prohibitive, how will the water be piped inland where it's needed? Or will governments around the world, including us, be told they must toe the line on rules made by a small group, or they will get no monetary assistance, even though it will be mostly our money that has paid for it?

    Those in DC seem to be doing their damndest to bankrupt us as fast as possible, too, since they can't control their spending - We had a $17 trillion dollar debt the last I checked- and we see a current budget request for trillions more, so they think we're ripe for the picking, I guess! What a total crock of :
    Morning Polgara,

    To confirm your observation, one only need to look behind the curtain and see who stands to gain from initiatives such as Cap and Trade. It's no coincidence Al Gore is a founder of Generation Investment Management, a global Cap and Trade enterprise. The affiliations and cooperative efforts are astounding, and should be viewed as quite damning. If they weren't scared of the exposure, they wouldn't have created the "Denier" meme to attempt to denigrate those raising the questions. The amazing part is AGW is just one piece of the Global Social Justice initiative pie.

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