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

  1. #501
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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
    Well, good for you. Maybe the billionaires of Texas use their power more benignly than do the ones here.

    And, if you're lucky, they'll continue.

    Or not. They're the ones with the power, after all, not you.
    I have all the power I need or want. My priorities really changed after I lost my wife but I still refuse to support policies of those who want to punish wealth creation and promote equal outcome and redistribution of wealth. My life now is my kids and grandkids and making sure they understand personal responsibility and the benefits of hard work. In TX all benefit from their efforts as there is no state income taxes so they won't be penalized for their efforts.

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

    Quote Originally Posted by Gimmesometruth View Post
    Why dont you, who is trying to prove your point of middle class ownership, provide the data to prove your point, instead of asking me to prove your point?

    The answer is, because your argument is too lazy to do so, because it would rather rely on speculation and negation of fact disproving it.


    No, you want me to run around to try to prove common sense to you.


    New Jersey locations by per capita income - Wikipedia, the free encyclopedia

    If you read this:

    In 2012, 9.1% of New Jersey households have annual incomes of or over $200,000, and 17.5% have incomes of $100,000 or more. By contrast, 5.3% have incomes of less than $10,000, and 24.9% less than $34,999.[1]


    Simple observation shows that the majority of people in NJ fall between 34,999 and 100,000.


    In order to get 65% home ownership, don't you think most of the middle class would be homeowners?
    Let evil swiftly befall those who have wrongly condemned us

  3. #503
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    Re: The 1% will own more than the 99% by 2016, report says

    Quote Originally Posted by ReverendHellh0und View Post
    Wont ever happen. we vote the very people in who have no motivation for any such reform and every reason against it. When has any politician voted himself LESS power?
    George Washington.

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

    Quote Originally Posted by cpwill View Post
    George Washington.



    He was an extremist libertarian, probably a gun nut too!
    Let evil swiftly befall those who have wrongly condemned us

  5. #505
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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
    OK, if you really do all of that, it puts you in the 1%, maybe even the 0.1%

    of voters who actually understand the issues, that is.

    Meanwhile, the vast majority swallow the ads whole, which is why money is what it takes to get elected.

    Money is what buys elections, not facts, not issues, not ideology (at least, not mostly), but money.

    Which is why people with real money have real power.

    I'm not talking about the guy who had a successful career or business and is now worth a few measly million and lives comfortably. I'm talking about the people with real wealth, the kind measured in the billions, the kind that comes from and then produces power.

    And, power concentrated in only a few people is dangerous. It feeds on itself and grows even bigger and more powerful. That's true whether the power comes from government or from great wealth, or as is generally the case, from both.
    Wealth can only get you power through the mechanism of government. If you actually want to reduce the power of the wealthy, reduce the power of government, especially to provide an ROI on investment. But so long as you increase the power of government, you will increase the power of those with the wealth to influence it.

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

    Quote Originally Posted by ReverendHellh0und View Post
    He was an extremist libertarian, probably a gun nut too!
    I heard he grew hemp, privately.

  7. #507
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    Re: The 1% will own more than the 99% by 2016, report says

    Quote Originally Posted by Conservative View Post
    I have all the power I need or want. My priorities really changed after I lost my wife but I still refuse to support policies of those who want to punish wealth creation and promote equal outcome and redistribution of wealth. My life now is my kids and grandkids and making sure they understand personal responsibility and the benefits of hard work. In TX all benefit from their efforts as there is no state income taxes so they won't be penalized for their efforts.
    I have all of the power I need or want also. Unfortunately, there are those among us who seem to want and need more power.

    But, what makes you think your grandkids won't be penalized for their efforts? Perhaps Texas is one of the seven states with no state income taxes, but you can bet there are other taxes that they have to pay. Moreover, they will pay federal taxes, and live under federal laws.
    "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 Middleground View Post
    How can a business grow when there is no money to be made?

    what?

    i have zero idea on what you are asking

    there are literally thousands of businesses making money right now

    my wifes business has gone from 65 employees eight years ago to 150 today

    the business that i manage has never been in better financial shape....

    there is plenty of money to be made depending on where you are, and what you do
    “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 Middleground View Post
    How can a business grow when there is no money to be made?



    Who told you there's no money to be made, let me assure you, there is!
    Let evil swiftly befall those who have wrongly condemned us

  10. #510
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    Re: The 1% will own more than the 99% by 2016, report says

    I thought the first black president was going to bring all the poor to the forefront and disintegrate the wealthy, guess not eh?

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