View Poll Results: Should the GOP should fear the 99% movement

Voters
106. You may not vote on this poll
  • Absolutely should fear it

    33 31.13%
  • Somewhat fear it

    9 8.49%
  • Fear it a little bit

    3 2.83%
  • Fear it a tiny bit

    3 2.83%
  • Absolutely nothing to fear

    47 44.34%
  • Don't know

    1 0.94%
  • Don't care

    6 5.66%
  • Other (explian)

    4 3.77%
Page 31 of 41 FirstFirst ... 212930313233 ... LastLast
Results 301 to 310 of 403

Thread: Does the GOP need to fear the 99% Movement?

  1. #301
    Sage

    Join Date
    Sep 2007
    Last Seen
    09-24-17 @ 04:38 AM
    Lean
    Undisclosed
    Posts
    29,261

    Re: Does the GOP need to fear the 99% Movement?

    Quote Originally Posted by Harry Guerrilla View Post
    Your chart fails to include institutions, like mutual funds and pensions, which own a large shares of stock, which is further owned by people of all stripes.
    Is the chart also including shares float, as being "controlled" by the top 10% too?
    Okay well how much do they own and how would that effect that chart?

  2. #302
    Disappointed Evolutionist
    Catawba's Avatar
    Join Date
    Jun 2009
    Last Seen
    05-28-13 @ 08:15 PM
    Gender
    Lean
    Liberal
    Posts
    27,254

    Re: Does the GOP need to fear the 99% Movement?

    Quote Originally Posted by TurtleDude View Post
    btw your claim is a lie-stocks are not all the wealth-that ignores real estate and homes-your claim is misleading
    I never said all the wealth.

    From the study referenced above:

    "The only way to understand finance is to get educated but the cost of that is going up. So you have an enormous serfdom of those who have very little understanding of finance being subjected to the whims of the banking sector. In the end, the banks have managed to calm the masses and numb their ability to reason because what has occurred over the last few years is the greatest wealth transfer in the history of our nation. It didn’t take a war or coup but simply happened by pure momentum and sheer inactivity. They system is in a deep capture.

    Even being in the industry does not keep you from buying into the delusional propaganda of Wall Street:

    “I studied finance… I learned about stock investments when I was 18 or 19. I took money that I saved since I was a kid and invested in stocks. It was $10,000. I made it into $80,000 in 2 years in stocks. But I had $150,000 invested because of margin and I lost all of it. Now I’m looking at the real estate market. I’m like, huh. I learned my lesson in the stock market. Should I sell my real estate that has gone up in value by 80 percent?”

    This quote was taken at the height of the housing bubble. How many people do you think lost money in the stock market and the real estate bubble? Trillions of dollars were lost yet somehow, the top 1 percent came out ahead. They will argue that they are not as wealthy as before but keep in mind even if you lost money, the cost of other items has also fallen. Money is only as valuable as what you can buy with it. And this tiny group has become all the richer in this crisis. You can now by the yacht for half off while your stock portfolio fell by 15 percent."
    Treat the earth well: it was not given to you by your parents, it was loaned to you by your children. We do not inherit the Earth from our Ancestors, we borrow it from our Children. ~ Ancient American Indian Proverb

  3. #303
    Sage
    Harry Guerrilla's Avatar
    Join Date
    Dec 2008
    Location
    Not affiliated with other libertarians.
    Last Seen
    09-01-17 @ 02:38 PM
    Gender
    Lean
    Libertarian
    Posts
    28,955

    Re: Does the GOP need to fear the 99% Movement?

    Quote Originally Posted by winston53660 View Post
    Okay well how much do they own and how would that effect that chart?
    Institutions "own" approximately 20% of all outstanding shares.
    If they're "owning" it in trust for people with 401ks and pensions, then other people actually own it and they take a small cut for management.

    Shares float is the amount of shares a company has not issued but can issue.
    Technically, they "control" it but no one actually owns or benefits from it.
    I was discovering that life just simply isn't fair and bask in the unsung glory of knowing that each obstacle overcome along the way only adds to the satisfaction in the end. Nothing great, after all, was ever accomplished by anyone sulking in his or her misery.
    —Adam Shepard

  4. #304
    Sage
    Harry Guerrilla's Avatar
    Join Date
    Dec 2008
    Location
    Not affiliated with other libertarians.
    Last Seen
    09-01-17 @ 02:38 PM
    Gender
    Lean
    Libertarian
    Posts
    28,955

    Re: Does the GOP need to fear the 99% Movement?

    Quote Originally Posted by Catawba View Post
    I never said all the wealth.

    From the study referenced above:

    "The only way to understand finance is to get educated but the cost of that is going up. So you have an enormous serfdom of those who have very little understanding of finance being subjected to the whims of the banking sector. In the end, the banks have managed to calm the masses and numb their ability to reason because what has occurred over the last few years is the greatest wealth transfer in the history of our nation. It didn’t take a war or coup but simply happened by pure momentum and sheer inactivity. They system is in a deep capture.

    Even being in the industry does not keep you from buying into the delusional propaganda of Wall Street:

    “I studied finance… I learned about stock investments when I was 18 or 19. I took money that I saved since I was a kid and invested in stocks. It was $10,000. I made it into $80,000 in 2 years in stocks. But I had $150,000 invested because of margin and I lost all of it. Now I’m looking at the real estate market. I’m like, huh. I learned my lesson in the stock market. Should I sell my real estate that has gone up in value by 80 percent?”

    This quote was taken at the height of the housing bubble. How many people do you think lost money in the stock market and the real estate bubble? Trillions of dollars were lost yet somehow, the top 1 percent came out ahead. They will argue that they are not as wealthy as before but keep in mind even if you lost money, the cost of other items has also fallen. Money is only as valuable as what you can buy with it. And this tiny group has become all the richer in this crisis. You can now by the yacht for half off while your stock portfolio fell by 15 percent."
    I'm sorry but your link uses tons of loaded language and is anything but objective.
    I was discovering that life just simply isn't fair and bask in the unsung glory of knowing that each obstacle overcome along the way only adds to the satisfaction in the end. Nothing great, after all, was ever accomplished by anyone sulking in his or her misery.
    —Adam Shepard

  5. #305
    Sage

    Join Date
    Sep 2007
    Last Seen
    09-24-17 @ 04:38 AM
    Lean
    Undisclosed
    Posts
    29,261

    Re: Does the GOP need to fear the 99% Movement?

    Quote Originally Posted by Harry Guerrilla View Post
    Institutions "own" approximately 20% of all outstanding shares.
    If they're "owning" it in trust for people with 401ks and pensions, then other people actually own it and they take a small cut for management.

    Shares float is the amount of shares a company has not issued but can issue.
    Technically, they "control" it but no one actually owns or benefits from it.
    So you don't know if it affects the chart or not.

  6. #306
    Sage

    Join Date
    Aug 2011
    Location
    Texas, Vegas, Colombia
    Last Seen
    11-28-16 @ 06:38 PM
    Gender
    Lean
    Other
    Posts
    20,295

    Re: Does the GOP need to fear the 99% Movement?

    Quote Originally Posted by Catawba View Post
    You can't win a rigged game, that is what the protests are about.
    sure you can.
    I did.
    it's tough to go from dirt poor to wealthy... but it's doable... very doable.


    defeatists, pessimists, and cynics will never win the game, though.

  7. #307
    Sage
    Harry Guerrilla's Avatar
    Join Date
    Dec 2008
    Location
    Not affiliated with other libertarians.
    Last Seen
    09-01-17 @ 02:38 PM
    Gender
    Lean
    Libertarian
    Posts
    28,955

    Re: Does the GOP need to fear the 99% Movement?

    Quote Originally Posted by winston53660 View Post
    So you don't know if it affects the chart or not.
    Institutional ownership would change the chart to a degree.
    The fact is, using half assed information as a means of making a point is nothing but terrible.

    Incomplete information doesn't paint a complete picture.
    I was discovering that life just simply isn't fair and bask in the unsung glory of knowing that each obstacle overcome along the way only adds to the satisfaction in the end. Nothing great, after all, was ever accomplished by anyone sulking in his or her misery.
    —Adam Shepard

  8. #308
    Disappointed Evolutionist
    Catawba's Avatar
    Join Date
    Jun 2009
    Last Seen
    05-28-13 @ 08:15 PM
    Gender
    Lean
    Liberal
    Posts
    27,254

    Re: Does the GOP need to fear the 99% Movement?

    Quote Originally Posted by TurtleDude View Post
    losers, failures and those too lazy to compete always make that pitiful excuse

    and those scumbags aren't just whining about the few uber rich who probably do rig the game

    most of us in the top one percent aren't responsible at all for their lack of success yet they blame all of us


    That should calm the masses and make you safer!
    Treat the earth well: it was not given to you by your parents, it was loaned to you by your children. We do not inherit the Earth from our Ancestors, we borrow it from our Children. ~ Ancient American Indian Proverb

  9. #309
    Disappointed Evolutionist
    Catawba's Avatar
    Join Date
    Jun 2009
    Last Seen
    05-28-13 @ 08:15 PM
    Gender
    Lean
    Liberal
    Posts
    27,254

    Re: Does the GOP need to fear the 99% Movement?

    Quote Originally Posted by Camlon View Post
    Did you know US had nearly the same wealth inequity as Sweden? And Sweden has one of the lowest income inequalities in the world. Rich people are always going to control more wealth because they save more of what they earn.
    I could be wrong, but US protesters in the US don't seem to be demonstrating about conditions in Sweden. However:

    "Income and wealth inequality reached a new peak in 2007, the highest level of inequality since 1929. William Domhoff details this inequality in the following terms:

    In the United States, wealth is highly concentrated in a relatively few hands. As of 2007, the top 1% of households (the upper class) owned 34.6% of all privately held wealth, and the next 19% (the managerial, professional, and small business stratum) had 50.5%, which means that just 20% of the people owned a remarkable 85%, leaving only 15% of the wealth for the bottom 80% (wage and salary workers). In terms of financial wealth (total net worth minus the value of one's home), the top 1% of households had an even greater share: 42.7%

    Real median household income in the U.S. is $49,777 today. It was $52,388 in 1999 before George Bush took office. This is a 5% decline over ten years. Even more disturbing is the fact that the top 20% of households showed real increases in income. The bottom 50% lost income during the last ten years, with the bottom 20% losing 8% of income over this time frame. No wonder there is so much anger among the working middle class in the country regarding the bailout for the top 1%. Sixty million households make less today than they made 10 years ago. The policies of the Federal Reserve over the last ten years have benefitted speculators and punished seniors, savers and the working middle class. Every policy, program and regulation rolled out by the Federal Reserve in the last three years has been to prop up, enrich, and support their Too Big To Fail Wall Street owners. The middle class American working family is Too Small To Matter"

    Grapes Of Wrath 2011 - Wealth inequality highest since 1929 - International Business Times
    Treat the earth well: it was not given to you by your parents, it was loaned to you by your children. We do not inherit the Earth from our Ancestors, we borrow it from our Children. ~ Ancient American Indian Proverb

  10. #310
    Disappointed Evolutionist
    Catawba's Avatar
    Join Date
    Jun 2009
    Last Seen
    05-28-13 @ 08:15 PM
    Gender
    Lean
    Liberal
    Posts
    27,254

    Re: Does the GOP need to fear the 99% Movement?

    Quote Originally Posted by Thrilla View Post
    sure you can.
    I did.
    it's tough to go from dirt poor to wealthy... but it's doable... very doable.


    defeatists, pessimists, and cynics will never win the game, though.
    So your opinion is that 1/3 of the country just isn't trying hard enough. Got it, I'll pass that on the the protesters and the voters in next year's election.
    Treat the earth well: it was not given to you by your parents, it was loaned to you by your children. We do not inherit the Earth from our Ancestors, we borrow it from our Children. ~ Ancient American Indian Proverb

Page 31 of 41 FirstFirst ... 212930313233 ... LastLast

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •