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Obama To Wall Street: "I Do Think At A Certain Point You've Made Enough Money"

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posted on Apr, 29 2010 @ 06:50 PM
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Originally posted by Janky Red
Did you forget to wear your helmut again?

Look we cannot help if you believe carting elite pee pee in a bucket is a respectable
form of employment, however you cannot expect us to agree with you on that.

See elitist shine boys like you should create yourself a better position in thy masters home.

Maybe every time they create a million dollars of fake BS earnings you can clap and throw roses about the gilded room?



Ah I see you still have your Ignorance Helmet* on.

Just because I support free enterprise, risk takers, employers of those seeking employment you try to label me as supporter of wall street criminals. Well your ignorant gray matter neurons will never comprehend that dissent doesn't always mean fitting into one mold or another.

I suggest you make your own mind instead falling in line like a sheeple with pitch forks that label every hard working American who made something of themselves by working hard. People who cheat others out of their money should be tried for crimes, but not individuals who took risks with their capital to enjoy the gains they do now.

So again, if you like being a sheep and getting sodomized by your farmer aka Fed/Obama. Please enjoy the shagging...Baaah Baaah Baaah.




posted on Apr, 29 2010 @ 07:40 PM
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Originally posted by prionace glauca

Originally posted by Janky Red
Did you forget to wear your helmut again?

Look we cannot help if you believe carting elite pee pee in a bucket is a respectable
form of employment, however you cannot expect us to agree with you on that.

See elitist shine boys like you should create yourself a better position in thy masters home.

Maybe every time they create a million dollars of fake BS earnings you can clap and throw roses about the gilded room?



Ah I see you still have your Ignorance Helmet* on.

Just because I support free enterprise, risk takers, employers of those seeking employment you try to label me as supporter of wall street criminals. Well your ignorant gray matter neurons will never comprehend that dissent doesn't always mean fitting into one mold or another.

I suggest you make your own mind instead falling in line like a sheeple with pitch forks that label every hard working American who made something of themselves by working hard. People who cheat others out of their money should be tried for crimes, but not individuals who took risks with their capital to enjoy the gains they do now.

So again, if you like being a sheep and getting sodomized by your farmer aka Fed/Obama. Please enjoy the shagging...Baaah Baaah Baaah.


Right, I am a sheeple because I don't approve of the most Elite men in the world
systematically destroying and robbing our economy in the last couple years


Then, you fail to recognize who is buying our politicians and manipulating them
for their own gains


Then you define it as taking risk? Yes it is risky when you bet against your own professional capacities rigging all sides so you win, but its not risky when you have 150 million Prionace's defending you like little lap dogs now is it?

Just like a slave, can't stand the thought of questioning the lords or the kings every once and a while.

"Beat me more master, for you work so hard to raise thy whip!"


BTW- if you follow the path of that chain attached to yer leg, I think you will find the other end goes straight into your ear...

You are inspiring

[edit on 29-4-2010 by Janky Red]



posted on Apr, 29 2010 @ 11:27 PM
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What i dont understand is that all these people complain about redistribution of wealth when people want to equalize the disparity down. However, none of them see anything wrong with redistributing up, such as the whole era of trickle down economics, such as tax breaks on corporations helping them to garner more profit, such as setting tax dollars now to DO the research on new drugs, while big pharma reaps the rewards, such as bailing out the banks who crash the economy, and then BoA and wells fargo dont pay a cent in taxes this year, but actually get a few mill BACK from the government.

All these corporations who are sending our jobs overseas, and putting their base of operations over seas so they dont have to pay taxes, yet WE're the ones who are whiny because we complain? Our GDP has doubled since 1970, and yet the average workers buying power has actually declined...not because we are not working as hard, but because the corporate sector maximizes profit by taking it from their workers, by minimizing pay raises, by lowering benefits, etc. THIS is how wealth has been redistributed by the owners, and since worker representation has been destroyed the average worker has little he can do about it. Now our economy is collapsing, there are record jobs lost each month, and record foreclosures quarter to quarter, and we are not supposed to complain as those corporations keep telling us things are fine because they keep posting record profit and bonuses??

The working class are losing jobs and homes on a massive scale, while big oil, big pharma, insurance, and banks are all posting sky high profit margins and you think no transfer of wealth is going on? If Obama really IS a socialist then he sure SUCKS at it!



posted on Apr, 29 2010 @ 11:43 PM
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People on wallstreet use their wealth accumulation (I'm talking about billionairs here, with a B) as a score card system.

Nobody can spend 1 billion dollars. You can only drive one car at a time, live in one house at a time, use one yacht at a time, etc. There comes a certain point where inequality simply becomes destabilizing and unproductive.


Robert Shiller gave a talk on this back in 2006, which is worth listening to:

Economist Robert Shiller spoke on the topic "What to Do about Worsening Economic Inequality: The Rising Tide Tax System and Other Proposals." He talked about the state of the economy, the structure of the tax code, and growing economic inequality between rich and poor. He was the author of Irrational Exuberance, first published by Princeton University Press in 2000 and The New Financial Order: Risk in the 21st Century, published by Princeton University Press in 2003.

www.c-spanvideo.org...

Here's a related clip (much shorter) on his thesis:



posted on Apr, 29 2010 @ 11:53 PM
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Originally posted by mumma in pyjamas
reply to post by Matrix Rising
 


Although I am not in agreement that The president has the right to limit earnings i do wonder, for his intended audience, after they have made more money than they could ever spend, even if they lived to be 200, why bother trying to make money anymore?
What is the motivation?

Most of us make money to fund our life, but when you have made more money than you could ever spend in that life, perhaps, you have made enough and you should just...go do something else?

I'm not saying you have no RIGHT to make more money but wonder why you would want to.........


[edit on 29-4-2010 by mumma in pyjamas]


It is a good point, and those that really do have too much money to ever be able to spend are doing something else, they are trying to gain power instead. They use the money to manipilate people and markets to try and gain power just like the people who started the bilderberg group, trilateral commission and the CFR. The people that founded those are the very same people that own the federal reserve and foreign centralist banks all over the world.
Those are the true enemies of any free thinking person left on this planet.



posted on Apr, 30 2010 @ 12:21 AM
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reply to post by UfoSpecial
 


I think most of those people are actually using their money to make more money...

If you have a #load of money, contrary to my above post, you can technically spend it -- buying up resources and securities. Warren buffet spent 34 billion on an s&p 500 company (Burlington Northern Santa Fe Corp.). But that is a little different than squandering money to treat yourself...

... You have to ask yourself, though, how many 21st century David Rockerfellers do you want running around in the world? Do we really want 1 man (Even if their intentions are good hearted) to control that much capital/assets?

At a certain point, you have to say enough is enough, and having 100/200/300+ billionair(s) walking the globe (which is where this is quickly heading) is hurting us. It's, quite frankly, too much power for any single individual..


No king in history was ever as rich as today's most wealthy elite.. Although if we allow inequality to continue growing, the former statement may turn out to be untrue -- because these super-elite rich may wind up becoming our "kings."



posted on Apr, 30 2010 @ 12:27 AM
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People complaining about the superrich and mega corps just do not get it.

Level the playing field.
Actually prosecute crime, you know, those things that you are bitching about.
Limit the government's ability to manipulate business.
Limit their power.

Do you still not get it? Regulation for the purpose of redistribution of wealth is the same as regulation for the benefit of the mega corps and crooked banksters.

It amazes me that all you need to read is the Declaration of Independance and the Constitution of the US of A.

Understand this, the ORIGINAL INTENT of the Constitution had everything we need to live free and limit the power of BOTH corporate/bankster whores and corrupt politicians.

We need to REMOVE the power of government to REMOVE the power of corporate/bankster whores.

YOU CANNOT DO ONE WITHOUT DOING THE OTHER.

Those on the left, let me explain something to you, you are being bamboozled. Think of it this way, if the government did not have the power, how could the corporate/bankster whores propegate their tyranny?

We need to get those gallows up and running again.

What happens when a megacorp gets their dirty laundry held out by say a whistle blower? Fine right? How bout when a company or bank is caught with their hands in the till or committing fraud? Fine right?

The LAW is simple, commit a crime, you are punished. Commit treason by attempting to destroy an economy or destroy a currency? Swing from the frelling gallows.

It is QUITE simple, remove the power of government, put it back where it frelling belongs and use the courts to actually punish FRELLING CRIME!

ARRRRGHGHGHGHHGH!



posted on Apr, 30 2010 @ 01:14 AM
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Sorry but the above post is crap. In the early american days, when we were much closer to constitutional law, and the federal government had almost no intervention in personal affairs, THEN the powers that be, rockerfeller, carnegie, and so on, actually had More power and influence, to the point where they were allowed to run rampant upon their employees rights, making them work in slave like conditions, giving them often no pay in dollars, just in credits to use in the company store, allowing them no reprieve.

The fact of the matter, completely borne out by history, is that in absence of government regulation, business owners engage in the worst sorts of tyranny and abuse. Anyone who thinks otherwise is naive. Business will regulate itsself? In what world? The only thing business will cater to is greater profits, and the way to greatest profits is by pushing workers as close to slavery as the law allows. All those who think otherwise....just pay attention to what the same corporations you are protecting, do to workers in other countries. Slavery has not been abolished, its been outsourced to africa, south america, and china, in the form of sweatshops and child labor. Thinking that businesses will act with enlightened self interest is no more than living in a fantasy world.



posted on Apr, 30 2010 @ 01:20 AM
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Originally posted by endisnighe
Think of it this way, if the government did not have the power, how could the corporate/bankster whores propegate their tyranny?



By forming a cartel, buying up all the resources, and not allowing competition by either undercutting them, buying them out, or simply infringing on their "rights" (which would not exist without the government to enforce such "rights.")


Do you know what a monopoly is? Do you know what an antitrust law is? Did you know that the government enforces laws, and that without government, there would be only the law of military power (and corporations are rich enough to fund their own armies, imo)?

[edit on 30-4-2010 by Kaytagg]



posted on Apr, 30 2010 @ 02:29 AM
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Neo-Marxism teaches that liberalism is a preperation for socialism and socialism is a preperation for Communism.

Hailed socialists such as Stalin and Mugabe eventually slaughtered anyone who made more money, had a higher education. Why? Because of their feelings of inadequacy. Feeling "disadvantaged" they first made up all kinds of bizzare conspiracy-theories about the rich and then killed them off. And those are the sentiments a liberal is heading towards when saying "they shouldnt make that much money".

They call themselves "progressive" while wanting to halt progress because it makes them feel deeply insecure. Secretly they want all the money and power themselves.

What they fail to see is that all that richness benefits them too. "They shouldnt make more money than me" starts as infantile envy and eventually turns into irrational and potentially violent rage. Dont believe it? Just look at some of the irrational posting here.



posted on Apr, 30 2010 @ 02:39 AM
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reply to post by lucid eyes
 


I think you and all your friends should give me your money... which would (hopefully) make me rich.

THEN, you'll be benefited from my richness..

Sound logic, if you ask me.



posted on Apr, 30 2010 @ 02:45 AM
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reply to post by Kaytagg
 


You might be wondering how this will benefit you, let me explain:

1) You'll be hungry and probably in need or work

2) I'll have money with which to hire you

3) You'll work for me, at minimum wage, but not necessarily you AND your friends.. (damn market interference.. there should be NO minimum wage, so I can hire more of your friends. But sadly, because of socialism in this country, I HAVE to pay you like 7.50 an hour which stops me from hiring more people and making my 7.50 go farther..)

4) You'll be able to pay for stuff, as the wealth you make for me trickles down to you in the form of (probably) more work for me!




Hope this has helped you to understand.. please send me my check in the mail so that I can start hiring you right away for work. You'll thank me when you have a stable job and stable income.


-- Love,
Kaytag



posted on Apr, 30 2010 @ 02:57 AM
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Originally posted by lucid eyes

What they fail to see is that all that richness benefits them too. "They shouldnt make more money than me" starts as infantile envy and eventually turns into irrational and potentially violent rage. Dont believe it? Just look at some of the irrational posting here.




In the United States at the end of 2001, 10% of the population owned 71% of the wealth and the top 1% owned 38%. On the other hand, the bottom 40% owned less than 1% of the nation's wealth.


Distribution of Wealth in US

Can you please explain exactly how this "benefits" us?

I won't even bother addressing the rest of your post because it looks like something a drunken McCarthy would post on twitter at 3 a.m. (if it existed back then). Comparing Obama (or US policy in general) to Stalin or Mugabe is outright ludicrous, and only shows your inability to distinguish between moderate policies and radical leftism.



posted on Apr, 30 2010 @ 03:04 AM
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Alright, to the two that commented to me, WRONG.


Everyone likes to cherry pick certain aspects that were bad and were wrong.

Were these people that committed these acts ever stopped? Are they stopped now?

Let me see if I can enlighten you a little anyway. What is the name of that bank, OH YEAH, Morgan Chase.

If you actually did a little investigation instead of listening to the standard avenues of information, you may learn those giants of destruction (pun intended) are still in power. They have just removed their evidence of their influence.

Lawyers, politicians and banks.................oh my!

We have now corporations; that can kill their customers using statistical accounting, to see if the loss of revenue based upon the loss due to the bad name from lawsuits or the loss due to having to spend more on the manufacture of the product. We have lawyers defend them and if they are found guilty, they may pay a fine. If they do not file bankruptcy and just change the name of the corporation.

Now, your attitude is, is to take the power from the lawyers for the corporations and give the power to the lawyers for the government.


Which slave master do you want? They both have lawyers.

The first thing we must do..............and then we put the power back in the hands of the people, the individual.

We hold EVERYONE to the same tenet. The RULE OF LAW.

Plain and simple. There is no such thing as paying a fine for frelling criminal acts. They go to jail. Period. And we do not punish people that have NOT done anything. There is a tenet that people like you need to learn. If there is no victim, there is no crime.

As for the corporations, the institution of corporations cannot and should not ever be allowed to circumnavigate the responsibility of the ones in charge of those corporations. You do not fine the company, you imprison the person responsible. The ones that made the choice. The one that committed the act of the criminal behavior. If the government does not follow through, you throw that frelling government official in jail for collusion. It is really quite simple.

You are manipulated by your emotions to do and say EXACTLY what they want you to do. Give them more power. More power over you, more power over me. How has that been working out for you?

You should also study history a little more.

What company or corporation EVER had the power in the past? They never did. The government has always had the power. Yes, the corporations can and will use the government as their tool, one has to be vigilant in that aspect.

Sorry, but governments are the root of the power of the men behind the curtain. If the government does not have the power to wield, neither does the corporate/bankster whores. As for their private armies you spoke of, that is what a united citizenry is ALL ABOUT!

If the government will not act against crime, it is yours and my duty to do it for them.

What the hell, grow up and take responsibility for your environment. Quit the "there is nothing I can do" attitude.

Grow some damn backbone. Sooner or later you will have to make a choice. Do you give your power, your freedoms, your liberty, your responsibility away; for a LITTLE security?

Because once you do, you are no longer free, you are a slave.

[edit on 4/30/2010 by endisnighe]



posted on Apr, 30 2010 @ 03:12 AM
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In the United States at the end of 2001, 10% of the population owned 71% of the wealth and the top 1% owned 38%. On the other hand, the bottom 40% owned less than 1% of the nation's wealth.


Can you please explain exactly how this "benefits" us?


The very Internet you are using right now, the very streets you use when you drive a car, the very survival you enjoy because you have a higher life expectancy due to clean medication and foods - all of these are products of capitalism, the industrial revolution, products of wealth.

How radicalized does one have to be to miss it?




I won't even bother addressing the rest of your post because it looks like something a drunken McCarthy would post on twitter at 3 a.m. (if it existed back then). Comparing Obama (or US policy in general) to Stalin or Mugabe is outright ludicrous, and only shows your inability to distinguish between moderate policies and radical leftism.


And pointing out that the overall wealth does not benefit the whole is a "moderate policy"?

WOW. They sure got into you peoples brains.



posted on Apr, 30 2010 @ 03:14 AM
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My quest to be a billionaire has less to do with me needing the money than it has to do with what could be accomplished with that kind of money. Advanced robotics and space mining are two dreams that could be made a lot more realistic with billions of dollars. Of course I will have to continue to sell basic goods before I even get close to that kind of dream but I wouldn't work as hard as I do trying to expand my business without these dreams.

It's very, very unlikely I will reach any of my more unrealistic goals and even more unlikely if I didn't try at all. Research, development and even simple expansion is expensive with less than certain returns and I'm not going to begrude those individuals or corporations who are already living their dreams. Whatever those dreams may be.

[edit on 30-4-2010 by 4ortunate1]



posted on Apr, 30 2010 @ 03:17 AM
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reply to post by Matrix Rising
 




We are missing the con in all of this. They are setting us up. Think about this the people pushing for reform and the very bankers who would be getting reformed?
HMMMMM



I wonder why? Wait I get it they want to consolidate power into even fewer hands and this is the perfect way to do that . Make the stupid people believe in the big bad banker boogie man and then make them think they are reforming it all. And then consolidate it all into a few large corporations which are tied to the government.




This is the simple truth please research it for yourself. We are living in strange times the truth is not what it seems.

[edit on 30-4-2010 by Subjective Truth]



posted on Apr, 30 2010 @ 04:57 AM
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Originally posted by lucid eyes
The very Internet.... the very streets ....the very survival you enjoy....all of these are products of capitalism, the industrial revolution, products of wealth.



dear lucid,

these things you have listed are the products of hard-work and ingenuity. they are the products of man's mind and hands. and as such they are rightfully represented by the term: "generating value".

on the other hand, you can see that there is no such value being generated by switching numbers between computer databases faster than the mind can think. this is called: "making money".


i will defend anyone's right to generate value and to lay claim to all monies requisite of that value.

but, once someone has "made money", they have done wrong.

i cannot think of anything more abhorrent and evil by nature.

shame on YOU for defending it.



posted on Apr, 30 2010 @ 05:08 AM
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Good points some people in here.

I think rather than limit their paychecks there are 3 far better courses of action to fix this.

Solve the problem at it's roots, as Obama's 'reactionary measures' are not going to solve ANYTHING.

1) Repeal the Corporate Charters
2) Prosecute Criminals
3) Lobbyist Reform

This is totally within the Constitution and does not infringe on ANYONE's Liberty!

TY TY


[edit on 30-4-2010 by muzzleflash]



posted on Apr, 30 2010 @ 05:48 AM
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Ah I see you still have your Ignorance Helmet* on.

Just because I support free enterprise, risk takers, employers of those seeking employment you try to label me as supporter of wall street criminals. Well your ignorant gray matter neurons will never comprehend that dissent doesn't always mean fitting into one mold or another.

I suggest you make your own mind instead falling in line like a sheeple with pitch forks that label every hard working American who made something of themselves by working hard. People who cheat others out of their money should be tried for crimes, but not individuals who took risks with their capital to enjoy the gains they do now.

So again, if you like being a sheep and getting sodomized by your farmer aka Fed/Obama. Please enjoy the shagging...Baaah Baaah Baaah.


The really sad thing is that you cannot even see that it is you who is being fleeced like asheep by those above you in the system as it currently stands.

The employee is just as important as the employer is. Without the employee, the employer goes nowhere fast. Without the employer, the employee goes nowhere fast. It is a two way street. Both are equal. Both deserve the same amount of money as the other. That is what would occur in a truly free and just system for all. Unfortunately, we do not live in a free and just system.

Despite the fact that the employee is of equal importance to the employer, most ignore this fact, and fully support the system as it currently stands, effectively harming themselves in the process. That is the irony of the situation. They are literally fighting to support a system that works against themselves. They are fighting against equality. They are supporting their own exploitation. Imagine that.

The owner lives like a king, while the employee lives pay check to pay check. How incredibly sad. How can anyone on this planet actually associate a system like this with true freedom? It is about as far from true freedom as one can possibly get.

Perhaps this is why so many governments in the west constantly drill the word freedom in to the heads of their constituents. As a form of propaganda. Afterall, it was stated that a lie spoken enough times, will eventually becomes the truth, right?

Perhaps people in the west are victims of this deceitful tactic? I believe that we most certainly are. When people fight to protect the status quo, as well as their own enslavement, it becomes rather obvious does it not?



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