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

  1. #331
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    Re: The 1% will own more than the 99% by 2016, report says

    Quote Originally Posted by Conservative View Post
    The Top 1% controlling 99% of the wealth is a lie
    Good grief......can't you get anything correct when it comes to numbers?

    but more importantly who really cares. How does that impact you and your family? The answer is it DOESN'T
    Actually, the wealthy capturing a greater share ....NEGATIVELY impacts everyone who is not part of the top 1%. But then again, we are talking about simple math.....and you have been having trouble with that all day.
    Quote Originally Posted by trouble13 View Post
    If you wanna know why Trumpsters are ignoring you its for the same reason you ignored the KKKs complaints about Obama.
    Quote Originally Posted by Moderate Right View Post
    When it comes down to it, all facts are cherry picked.
    Quote Originally Posted by Bodhisattva View Post
    He didn't say it didn't make sense. He said it is complete nonsense.

  2. #332
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    Re: The 1% will own more than the 99% by 2016, report says

    Quote Originally Posted by Gimmesometruth View Post
    Good grief......can't you get anything correct when it comes to numbers?

    Actually, the wealthy capturing a greater share ....NEGATIVELY impacts everyone who is not part of the top 1%. But then again, we are talking about simple math.....and you have been having trouble with that all day.
    Seems like you have a problem answering what appears to be simple questions. How has any rich person prevented you from joining them or hurt you in any way??

  3. #333
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    Re: The 1% will own more than the 99% by 2016, report says

    Quote Originally Posted by Conservative View Post
    Seems like you have a problem answering what appears to be simple questions. How has any rich person prevented you from joining them or hurt you in any way??
    Again, this is a very simple concept.....if wages have been stagnate for DECADES while the top have captured a greater share, EVERYONE outside of the top 1% has been negatively effected.
    Quote Originally Posted by trouble13 View Post
    If you wanna know why Trumpsters are ignoring you its for the same reason you ignored the KKKs complaints about Obama.
    Quote Originally Posted by Moderate Right View Post
    When it comes down to it, all facts are cherry picked.
    Quote Originally Posted by Bodhisattva View Post
    He didn't say it didn't make sense. He said it is complete nonsense.

  4. #334
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    Re: The 1% will own more than the 99% by 2016, report says

    Quote Originally Posted by cpwill View Post
    When You Legislate Buying and Selling, The First Things Bought And Sold are Legislators.

    You have the problem precisely backwards.
    It's a catchy slogan, but I've never seen a decent proposal to deal with the fact that legislators make laws and so can regulate buying and selling. But we can limit how money influences elections. I don't think most legislators go into public service to serve as a puppet for special interests, so it seems more likely to limit buying and selling of legislators than to prohibit legislators from legislating.

    At any rate, anyone who approves of the current situation with campaign finance is nuts, IMO. It's an invitation for a plutocracy.

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

    Quote Originally Posted by cpwill View Post
    Yeah.. but I would argue that this cycle starts with the perception by business that government can be profitable. There is a reason why industries usually lobby for regulation.

    Sure - make it unprofitable by sharply reducing the governments' ability to steer resources and provide competitive regulatory advantage.
    Ok, but now you've got e.g. Five Wall Street banks controlling roughly $8 Trillion in assets. They've got $billions, easy, they will never miss that they can and will dump into races to prevent that, perhaps much of it in secret under current rules. And of course more $billions to hire wives, husbands, former heads of banking committees, etc.

    I'm not really criticizing - the problem seems almost unsolvable. We've allowed companies to form that simply wield too much power and there's no good way I can see to curb that power. I just can't think of any Step One that is more likely to be doable than limiting the money that can flow into elections.

  6. #336
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    Re: The 1% will own more than the 99% by 2016, report says

    Quote Originally Posted by Gimmesometruth View Post
    Good grief......can't you get anything correct when it comes to numbers?

    Actually, the wealthy capturing a greater share ....NEGATIVELY impacts everyone who is not part of the top 1%. But then again, we are talking about simple math.....and you have been having trouble with that all day.
    more of the crap that if I make more money it keeps you from making more money



  7. #337
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    Re: The 1% will own more than the 99% by 2016, report says

    Quote Originally Posted by TurtleDude View Post
    more of the crap that if I make more money it keeps you from making more money
    Sure, there is an infinite amount of wealth...in turtle world.
    Quote Originally Posted by trouble13 View Post
    If you wanna know why Trumpsters are ignoring you its for the same reason you ignored the KKKs complaints about Obama.
    Quote Originally Posted by Moderate Right View Post
    When it comes down to it, all facts are cherry picked.
    Quote Originally Posted by Bodhisattva View Post
    He didn't say it didn't make sense. He said it is complete nonsense.

  8. #338
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    Re: The 1% will own more than the 99% by 2016, report says

    Quote Originally Posted by Gimmesometruth View Post
    Again, this is a very simple concept.....if wages have been stagnate for DECADES while the top have captured a greater share, EVERYONE outside of the top 1% has been negatively effected.
    Again still waiting for how some rich person prevented you from becoming rich or hurt you in any way? You think a rich person's compensation affected what you made? What company do you work for? You really have no idea how private business works, do you? You also don't understand that much of a rich person's compensation comes from investment, stock options, etc and that has zero affect on you. If the company does well your department budget will reflect that performance. If you aren't being rewarded what you think you deserve, take the experience you gained and move on even starting you own business then you would have no one else to blame but yourself for your compensation

  9. #339
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    Re: The 1% will own more than the 99% by 2016, report says

    Quote Originally Posted by Gimmesometruth View Post
    Sure, there is an infinite amount of wealth...in turtle world.
    There is infinite amount of opportunity, apparently you choose not to take advantage of it

  10. #340
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    Re: The 1% will own more than the 99% by 2016, report says

    Quote Originally Posted by Conservative View Post
    Again still waiting for how some rich person prevented you from becoming rich or hurt you in any way? You think a rich person's compensation affected what you made? What company do you work for? You really have no idea how private business works, do you? You also don't understand that much of a rich person's compensation comes from investment, stock options, etc and that has zero affect on you. If the company does well your department budget will reflect that performance. If you aren't being rewarded what you think you deserve, take the experience you gained and move on even starting you own business then you would have no one else to blame but yourself for your compensation
    I did not expect you to understand the concept of finite wealth the first, second or any other time....any more than I expect you to understand any other simple math problem.
    Quote Originally Posted by trouble13 View Post
    If you wanna know why Trumpsters are ignoring you its for the same reason you ignored the KKKs complaints about Obama.
    Quote Originally Posted by Moderate Right View Post
    When it comes down to it, all facts are cherry picked.
    Quote Originally Posted by Bodhisattva View Post
    He didn't say it didn't make sense. He said it is complete nonsense.

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