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Sound recording industries - 97%
Commodity contracts dealing and brokerage - 79%
Motion picture and sound recording industries - 75%
Metal ore mining - 65%
Motion picture and video industries - 64%
Wineries and distilleries - 64%
Database, directory, and other publishers - 63%
Book publishers - 63%
Cement, concrete, lime, and gypsum product - 62%
Engine, turbine and power transmission equipment - 57%
Rubber product - 53%
Nonmetallic mineral product manufacturing - 53%
Plastics and rubber products manufacturing - 52%
Plastics product - 51%
Other insurance related activities - 51%
Boiler, tank, and shipping container - 50%
Glass and glass product - 48%
Coal mining - 48%
Sugar and confectionery product - 48%
Nonmetallic mineral mining and quarrying - 47%
Advertising and related services - 41%
Pharmaceutical and medicine - 40%
Clay, refractory, and other nonmetallic mineral products - 40%
Securities brokerage - 38%
Other general purpose machinery - 37%
Audio and video equipment mfg and reproducing magnetic and optical media -
36%
Support activities for mining - 36%
Soap, cleaning compound, and toilet preparation - 32%
Chemical manufacturing - 30%
Industrial machinery - 30%
Securities, commodity contracts, and other financial investments and
related activities - 30%
Other food - 29%
Motor vehicles and parts - 29%
Machinery manufacturing - 28%
Other electrical equipment and component - 28%
Securities and commodity exchanges and other financial investment
activities - 27%
Architectural, engineering, and related services - 26%
Credit card issuing and other consumer credit - 26%
Petroleum refineries (including integrated) - 25%
Navigational, measuring, electromedical, and control instruments - 25%
Petroleum and coal products manufacturing - 25%
Transportation equipment manufacturing - 25%
Commercial and service industry machinery - 25%
Basic chemical - 24%
Investment banking and securities dealing - 24%
Semiconductor and other electronic component - 23%
Paint, coating, and adhesive - 22%
Printing and related support activities - 21%
Chemical product and preparation - 20%
Iron, steel mills, and steel products - 20%
Agriculture, construction, and mining machinery - 20%
Publishing industries - 20%
Medical equipment and supplies - 20%
Foreign creditors (our trade deficit remains massive, $600 to $700 billion a year) are hedging their bets by buying direct ownership stakes in our country’s assets. According to the Bureau of Economic Analysis, the rest of the world currently owns way more of America (stocks, bonds, real estate, etc.) than America owns of the rest of the world…by a margin of $3 trillion.
Moreover, net foreign ownership is increasing very rapidly…it has multiplied by a factor of five in just the last decade. As a nation we eventually could cease to be capitalists and become simply wage earners. A country that goes too far down this path can be colonized by purchase rather than by conquest.
To turn it around we must save more and spend less.
The top 1% of households own almost 40% of the nation's wealth.
The top 10% of Americans own over 70% of nation's wealth.
The top 20% of the nation's households own 85% of the nation's total wealth.
The top 60% of households own almost 100%, or 99.8%, of the nation's wealth.
The bottom 40% of households own one-fifth of 1% (or 0.2%) of the nation's wealth.
The bottom 80% of Americans own only 15% of the nation's wealth.
Enabling a corporate merger frenzy. The administration effectively re-wrote antitrust laws and oversaw what at the time was an unprecedented merger trend. "There is nothing written in the sky that says the world would not be a perfectly satisfactory place if there were only 100 companies, provided that each had 1 percent of every product and service market," said Reagan's antitrust enforcement chief William Baxter.
Throughout the 1980s, political conservatism in federal enforcement complemented the Supreme Court's doctrine of nonintervention. The administration of President Ronald Reagan reduced the budgets of the FTC and the Department of Justice, leaving them with limited resources for enforcement. Enforcement efforts followed a restrictive agenda of prosecuting cases of output restrictions and large mergers of a horizontal nature (involving firms within the same industry and at the same level of production). Mergers of companies into conglomerates, on the other hand, were looked on favorably, and the years 1984 and 1985 produced the greatest increase in corporate acquisitions in the nation's history.
WASHINGTON — President Obama laid down his proposal for a new tax on the nation’s largest financial institutions on Thursday, saying he wanted “to recover every single dime the American people are owed” for bailing out the economy.
I have been thinking about writing a OP on a what if premise that the Internet was never created.
Can you imagine if we were not aware of all of this? It would be something hard to write though, all the different variables you would have to speculate on.
Maybe too hard, might try it though.
So the next time you decide to vote for any politician, think about this. Who are they going to answer to? You, a single voter, who collectively (along with about 90% of the rest of the US population) owns 18% of this country, or the elite and foreign investors, who own more than all of us combined, several times over?
The real question is how much of the US is owned by co-operative foreign states like Britain, Germany, Canada, Israel, etc - and how much is being bought up by potentially conflicting states like Middle East countries, Russia, China, etc.
Originally posted by Avenginggecko
I have never really felt as upset, angry, and almost hopeless as I do now. I feel like our last opportunity to really change this country for the better was just shot at point blank with a sawed-off shotgun. From now on, it will no longer be about what's best for America, but what's best for the S&P 500.
Originally posted by mmiichael
Just looking over the original list.
Unfortunately too vague with a lot of internal inconsistencies. Specifics needed.
Examples of contradictions:
Sound recording industries - 97%
Motion picture and sound recording industries - 75%
Motion picture and video industries - 64%
Book publishers - 63%
Publishing industries - 20%