How the 1% Buys and Owns Our Government

Started by FayeforCure, October 09, 2011, 11:45:44 AM

FayeforCure

#30
Here is another way of looking at the disparity of the 99% vs the top 1%



http://www.businessinsider.com/new-charts-about-inequality-2011-11#the-share-of-national-income-going-to-the-top-1-has-doubled-since-1979-this-chart-really-says-it-all-1

So second-pancake, nobody wants to throw you out of the 5%.................we just think that the 1% have done soooooo much better than even the 5% to 1% that you are ostensibly in.

We have developed a system that favors the same kind of aristocracy in the 1% that we so despised in the British.

Do you think it is right for it to be this way?
In a society governed passively by free markets and free elections, organized greed always defeats disorganized democracy.
Basic American bi-partisan tradition: Dwight Eisenhower and Harry Truman were honorary chairmen of Planned Parenthood

FayeforCure

And another mind-blowing chart for you second-pancake:



http://www.businessinsider.com/new-charts-about-inequality-2011-11#top-ceos-earn-around-1723-times-as-much-as-the-average-worker-it-was-not-always-like-this-13

Do these CEOs work almost 2000 times harder than the average worker?

Or do these top 100 CEOs work 40 times harder than their counterparts in the 70s?

It is immoral!
In a society governed passively by free markets and free elections, organized greed always defeats disorganized democracy.
Basic American bi-partisan tradition: Dwight Eisenhower and Harry Truman were honorary chairmen of Planned Parenthood

second_pancake

Quote from: FayeforCure on November 10, 2011, 08:46:16 AM
Quote from: second_pancake on November 09, 2011, 06:51:58 PM
"The 99 perceneters are generally speaking much harder workers that the 1% or better yet the .5 % who can party all day"

See, now these are the kind of statements that make no sense to me at all.  What facts do you have that indicates the .5% can "party all day" or that the 1% are "harder workers"?  Those are subjective and do nothing to further the cause nor do they help in trying to make people like me understand what it is you stand for.  It just comes across as being hateful and frankly, jealous.

I can personally tell you both my husband and I (in the top 5%, not half percent, 5%), work our asses off.  My husband went to work this morning, in the dark, at 4:50am.  He is still not home yet.  I just logged off my work computer after a full day of work, yes even working from home after leaving the office.  We got here BECAUSE we worked our asses off.  I also work daily with CEOs and they are the hardest workers I've encountered.  People who have never worked in the corporate world and only have knowledge of blue-collar work severely underestimate the amount of mental work involved with running a company.  Every day I've worked in corporate has been significantly more difficult than all my years cleaning houses, flipping burgers, and wielding a shovel.

You just proved my point. You are the 99%.

No, Faye, I'm not.  I do not agree with many of things you post.  I do not agree with "99%" of their sentiments I read.  If anything, I'm in the 53%...of income tax paying, hard-working individuals who aspire to make millions.  No one, read NO ONE, is entitled to my wealth but me.  Period.
"What objectivity and the study of philosophy requires is not an 'open mind,' but an active mind - a mind able and eagerly willing to examine ideas, but to examine them criticially."

second_pancake

Quote from: FayeforCure on November 10, 2011, 12:28:03 PM
And another mind-blowing chart for you second-pancake:



http://www.businessinsider.com/new-charts-about-inequality-2011-11#top-ceos-earn-around-1723-times-as-much-as-the-average-worker-it-was-not-always-like-this-13

Do these CEOs work almost 2000 times harder than the average worker?

Or do these top 100 CEOs work 40 times harder than their counterparts in the 70s?

It is immoral!

Yes, Faye, they do work harder now than in the '70's.  Why?  Because there is far more government regulation they have to try and work under.  They have to try to continue to make a profit so they can put it back into growing their businesses (and the economy) which is increasingly more difficult.
"What objectivity and the study of philosophy requires is not an 'open mind,' but an active mind - a mind able and eagerly willing to examine ideas, but to examine them criticially."

second_pancake

Quote from: Lunican on November 10, 2011, 11:00:31 AM
So is that top 5% with really hard work from two incomes?

My husband and I both make 6 figure salaries.
"What objectivity and the study of philosophy requires is not an 'open mind,' but an active mind - a mind able and eagerly willing to examine ideas, but to examine them criticially."

FayeforCure

#35
Quote from: second_pancake on November 10, 2011, 02:36:28 PM
Quote from: FayeforCure on November 10, 2011, 12:28:03 PM
And another mind-blowing chart for you second-pancake:



http://www.businessinsider.com/new-charts-about-inequality-2011-11#top-ceos-earn-around-1723-times-as-much-as-the-average-worker-it-was-not-always-like-this-13

Do these CEOs work almost 2000 times harder than the average worker?

Or do these top 100 CEOs work 40 times harder than their counterparts in the 70s?

It is immoral!

Yes, Faye, they do work harder now than in the '70's.  Why?  Because there is far more government regulation they have to try and work under.  They have to try to continue to make a profit so they can put it back into growing their businesses (and the economy) which is increasingly more difficult.

Oh you mean all that fake regulation? The ones that are set up to fail so mega-corporations can complain about being regulated while nothing is REALLY regulated?

Mega corporations are sitting on $3 trillion  that they are not putting back in the economy.

You are still conflating small businesses that are struggling to survive with mega corporations that are completely exempt from any meaningful regulation. The mega corporations are in a completely different league.

Why are large Oil companies that are making record profits still getting government hand-outs (called subsidies)?

Congrats on making a good living, but you are not in the 1% club, no matter how  much you want to justify what they do.

http://www.youtube.com/v/acLW1vFO-2Q
In a society governed passively by free markets and free elections, organized greed always defeats disorganized democracy.
Basic American bi-partisan tradition: Dwight Eisenhower and Harry Truman were honorary chairmen of Planned Parenthood

buckethead



MARIO DRAGHI
http://en.wikipedia.org/wiki/Mario_Draghi
Draghi was then vice chairman and managing director of Goldman Sachs International and a member of the firm-wide management committee (2002â€"2005). A controversy existed on his duties while employed at Goldman Sachs. Pascal Canfin (MEP) asserted Draghi was involved in swaps for European governments, namely Greece, trying to disguise their countries' economic status. Draghi responded that the deals were "undertaken before my joining Goldman Sachs [and] I had nothing to do with" them, in the 2011 European Parliament nomination hearings.[4][5]



LUCAS PAPADEMOS
http://en.wikipedia.org/wiki/Lucas_Papademos
He has served as Senior Economist at the Federal Reserve Bank of Boston in 1980. He joined the Bank of Greece in 1985 as Chief Economist, rising to Deputy Governor in 1993 and Governor in 1994. During his time as Governor of the national bank, Papademos was involved in Greece's transition from the drachma to the euro as its national currency.[4]
After leaving the Bank of Greece in 2002, Papademos became the Vice President to Jean-Claude Trichet at the European Central Bank from 2002 to 2010. In 2010 he left that position to serve as an advisor to Prime Minister George Papandreou.[4]
He has been a member of the Trilateral Commission since 1998.[5]