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

  1. #461
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    Re: The 1% will own more than the 99% by 2016, report says

    Quote Originally Posted by ReverendHellh0und View Post
    I don't see people starving really in the USA do you? in fact the poor in the US are some of the most well off in the world. YOu want government to control the market it seems when the market will control itself.

    If lets take your doomsday economic scenario to the end, do you really think our poor would become dirt poor and only .001% of people would have wealth?


    Our military is too big, our taxes too high, and there is an easy solution/. but this is a solution the ruling class does not want you to believe in.

    Are you suggesting that some sort of "peasant" revolt would take place? Of course it would, if things got bad enough. I would like for things to not get so bad. Lots of people die in peasant uprisings. Lots of people get poor. I don't want that.


    Our government already heavily regulates our market. They do things i am sure you agree with. The problem with you is, you're OK with regulations, as longs as it's for things YOU want.
    Quote Originally Posted by calamity View Post
    Reports indicate that everyone knew he was hauling a bunch of guns up there. But, since you brought it up, there's something which should be illegal: guns that breakdown.

  2. #462
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    Re: The 1% will own more than the 99% by 2016, report says

    Quote Originally Posted by KevinKohler View Post
    You are correct. Crops are GROWN, not taken. Gold is MINED, not stolen. Well....as long as it's your land....but whatever, you know what I mean.

    What I am saying to you isn't a contradiction to that, what I saying to you is, there is only a finite amount created at any given point in time. In other words, only so many crops can be grown within a fixed time. So, of that wealth creation, if 95% of it is going to a few, the rest very much does have to be dolled out among the many, based on THEIR ability. We have now an economic system, crafted by democrats and republicans, that ensures that the act of HAVING wealth, ensures the generation of FUTURE wealth. In other words, by no other virtue other than having a lot of many, people can fairly easily make a LOT MORE MONEY. This has resulted in the new wealth generated by the actors within our economy increasingly going to the few.

    Which, in of itself, isn't really a problem, EXCEPT....the few are buying up the resources the rest of us need to live. Houses, food, water. These things are becoming the property of an increasingly smaller percent of society.
    Wealth isn't what someone else creates. You may translate your wealth into material good created by other people, but the wealth is created by you. This is the case for everyone. Wealth is created by producing more than you need. A successful business is wealthy because it produces more value than is needed by its employees. If Ford only made enough cars to give to its employees it wouldn't be wealthy.

    You seem to have the idea of wealth backwards. A farmer's wealth is in the crops he grows because he grows more than his family needs. It isn't in the car he drives. The car is a commodity that he trader for using the wealth he created. This rule applies to everyone regardless of the level of wealth.

    If you want a rich guys money then you need to either work for him (and create value in his company) or make something you don't need but he would like to buy (create your own wealth). Getting the government to take his money and give it to you does not create anyting.
    Give a man a fish and he eats for a day. Teach a man to fish and he stops voting for the Free Fish party.

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

    Quote Originally Posted by ReverendHellh0und View Post
    It's designed by the ruling class, who keeps the laws in thier favor no matter who you raise the taxes on. It is time for a tax revolution.
    I agree. But that coming about is about as viable as Ron Paul getting elected for president, sadly.

    What we NEED, is election reform. Everything else will work itself out through that.
    Quote Originally Posted by calamity View Post
    Reports indicate that everyone knew he was hauling a bunch of guns up there. But, since you brought it up, there's something which should be illegal: guns that breakdown.

  4. #464
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    Re: The 1% will own more than the 99% by 2016, report says

    Quote Originally Posted by jmotivator View Post
    Wealth isn't what someone else creates. You may translate your wealth into material good created by other people, but the wealth is created by you. This is the case for everyone. Wealth is created by producing more than you need. A successful business is wealthy because it produces more value than is needed by its employees. If Ford only made enough cars to give to its employees it wouldn't be wealthy.

    You seem to have the idea of wealth backwards. A farmer's wealth is in the crops he grows because he grows more than his family needs. It isn't in the car he drives. The car is a commodity that he trader for using the wealth he created. This rule applies to everyone regardless of the level of wealth.

    If you want a rich guys money then you need to either work for him (and create value in his company) or make something you don't need but he would like to buy (create your own wealth). Getting the government to take his money and give it to you does not create anyting.
    I'm not disagreeing with any of this.


    How ever, none of what you said in any way refutes the fact that only so much wealth can be created within a given span of time.

    And that fact debunks the concept people refer to when they quip "economics isn't zero sum".
    Quote Originally Posted by calamity View Post
    Reports indicate that everyone knew he was hauling a bunch of guns up there. But, since you brought it up, there's something which should be illegal: guns that breakdown.

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

    Quote Originally Posted by KevinKohler View Post
    Equal outcome? I don't want poor people to be anything other than poor people. Well, that's not true, I wish everyone success in life. But I ultimately don't care if they do or don't succeed. What I care about is that they have money to spend. When they spend money, I make money. I want them to be able to buy ribeye, instead of chuck, because it's an extra 4.50 per pound in my pocket.

    As for wealthy people influencing your life, they absolutely have. They and government control your cost of living, within your lifestyle. You don't get a vote on how much gas costs. You never did. And you don't get a vote on how much food costs. You never did.

    The rest of your post I agree with 100%. All I can say is, start voting third party.
    The point is our country was built on equal opportunity and incredible freedoms including the freedom to make dumb choices and fail. It is the role of the state and the local communities, not the Federal Govt. to assist those people as needed. Social engineering at the Federal Level has created the 3.9 trillion dollar budget that Obama wants and the 3.6 trillion dollar govt. we have today.

    Sorry, but I don't buy the statement that rich people are influencing my life, I influence my life and taking from the rich doesn't help anyone other than the bureaucrats who buy the votes with that money certainly not helping the poor. I started with very little but did have incredible parents who helped me. I worked hard and succeeded. Others may not have those great parents but they do have an opportunity to succeed. Giving people "things" destroys incentive and just creates dependence. A good swift kick in the ass or allowing people to fail is tough love and needed today. I am a conservative and believe in succeeding or failing on my own merits. I was not for TARP nor am I for higher taxes on anyone until the govt. gets its act together which probably will never happen.

    Do you realize how much the govt. taxes gas and the investment required to bring it out of the ground and get it to your tank? Oil Company profits seem huge but the return on investment isn't.

    I will never vote third party at the top until the third party builds a foundation at the base. Third party officials from the governor up are total failures because they no one to support them due to partisanship.

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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 point is our country was built on equal opportunity and incredible freedoms including the freedom to make dumb choices and fail. It is the role of the state and the local communities, not the Federal Govt. to assist those people as needed. Social engineering at the Federal Level has created the 3.9 trillion dollar budget that Obama wants and the 3.6 trillion dollar govt. we have today.

    Sorry, but I don't buy the statement that rich people are influencing my life, I influence my life and taking from the rich doesn't help anyone other than the bureaucrats who buy the votes with that money certainly not helping the poor. I started with very little but did have incredible parents who helped me. I worked hard and succeeded. Others may not have those great parents but they do have an opportunity to succeed. Giving people "things" destroys incentive and just creates dependence. A good swift kick in the ass or allowing people to fail is tough love and needed today. I am a conservative and believe in succeeding or failing on my own merits. I was not for TARP nor am I for higher taxes on anyone until the govt. gets its act together which probably will never happen.

    Do you realize how much the govt. taxes gas and the investment required to bring it out of the ground and get it to your tank? Oil Company profits seem huge but the return on investment isn't.

    I will never vote third party at the top until the third party builds a foundation at the base. Third party officials from the governor up are total failures because they no one to support them due to partisanship.
    Mega Dittos

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

    Quote Originally Posted by Gimmesometruth View Post
    Who says I haven't?

    Instead of insisting on the personal, try showing you have this claimed understanding of US wage growth since 1973.
    Again, I am included in that wage study since I started in my career in 1970. I control my own wage growth because of my own efforts and work just like you do. If I didn't like what I was paid I could have taken the experience gained and moved on. I don't give a damn what someone else earns or pays in taxes thus the question remains, why do you? It is about time for you and all other liberals to stop flapping your mouth about fairness and accept the reality that it is freedom to make mistakes and poor choices as well. It isn't the role of the Federal Govt. to solve those social problems, that role is with your state

    It is the Federal Government's role to protect equal opportunity NOT create equal outcome. What the top 1% controls is irrelevant to me as I control my own destiny as do you.

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

    Quote Originally Posted by Conservative View Post
    No, what I am trying to do is get you to think. There is nothing but the individual responsible for not achieving that upper class. It isn't nonsense at all because I am part of those graphs and part of the history of workers. Now tell me why you want to punish rich people for their success? Wealth is an individual thing and I know a lot of people who meet the definition of middle class that are very wealthy in so many things. There isn't a rich person out there that has any affect on my life whatsoever
    Not even wealthy Democrats who get liberals elected that you would never vote for in a million years?
    "Donald Trump is a phony, a fraud... [he's] playing the American public for suckers." Mitt Romney

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

    Quote Originally Posted by Dittohead not! View Post
    Not even wealthy Democrats who get liberals elected that you would never vote for in a million years?
    All that spending to get Democrats elected just make Gruber look more brilliant. People buy the rhetoric as you can see here and ignore the context and the actual results. I still vote for conservative Democrats, oh, yes there still are a few, but not on the national stage

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

    Quote Originally Posted by Conservative View Post
    All that spending to get Democrats elected just make Gruber look more brilliant. People buy the rhetoric as you can see here and ignore the context and the actual results. I still vote for conservative Democrats, oh, yes there still are a few, but not on the national stage
    There are still a few "blue dog" Democrats, to be sure.

    But my point was this: Who do you think finances campaigns? It takes a lot of money to run, after all.
    "Donald Trump is a phony, a fraud... [he's] playing the American public for suckers." Mitt Romney

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