The Super-Rich and the Rest of Us: Some Outrageous Facts About Inequality

You are smoking crack if you think the corporations are not the problem. They are bribing and blackmailing their way to record profits while you still blame the "government."

Originally posted by bjax9er
reply to post by Peruvianmonk

 

corporations are not the problem, it is the law, and the politicians.
corporations will do whatever it takes to make money, it is human nature.

Originally posted by SeekingAlpha
You are smoking crack if you think the corporations are not the problem. They are bribing and blackmailing their way to record profits while you still blame the "government."

Don't blame corporations in general. There's nothing wrong with the general concept of a corporation. Most are just small businesses looking to limit their liability.

It's the close knit group of the super-super rich. One of the ways they abuse their power is through mega corps but that's not the only way.

They played a psychological game as much as they gave direct bribes. After all, they have people fooled into blaming themselves if they aren't rich. There's plenty of people who still believe giving tax breaks to the super rich will result in more jobs when history has shown again and again this isn't the case.

reply to post by Daughter2


Yes, it is the giant corporations that run the game. Max Nutting points out in this video that corporate profits have NEVER been higher than they are now. Shown starkly by the Fed reserve graph.

live.wsj.com...#!58F40DB8-6E22-4199-B7F3-087605ADD 114

tpt b ,bankers,layers,polititions,radical religious leaders,are scared and if you step back and just observe there behavior ,world wide, notice they are all doing the same thing .they are all desperatly trying focus all there followers (for lack of better terminology) attention on everything is getting better topics , instead of your worst nightmare is fixing to grab you by the short hairs . with over half of the worlds population on welfare to one extreme or the other , nothing will change until the welfare checks bounce ! were at that point now , ill wager not many of the so called elite have been able to sleep well lately . bouncing welfare checks is bad buisness. wont take those folks long to find out where they live.

Originally posted by HEYJOSE
Dear ANOK, If we look at all the religious, political, economic and social structures that are on the planet now we see that they are all based on a Master-Slave paradigm. It is time for this to end. Enough. No more. You will also note that the capitalist system is crumbling. It is a dead man walking. It is a zombie Good ridence. No Gods & No Masters. Freedom is around the corner my freind. Can you feel it in the air?

30 years ago I was saying the same thing, and here we still are.

Yes capitalism is crumbling, but most people don't see capitalism as a problem and simply blame government. Unless the majority see the real problem, and understand what we can do to replace capitalism, then capitalism will simply take us down with it.

People don't realise for society to really work we need to participate, co-operate, not wait for some politician to do it for us, or some capitalist to give us a job. The working class need to be organised in solidarity.

"Unlike solidarity, which is horizontal and takes place between equals, charity is top-down, humiliating those who receive it and never challenging the implicit power relations." Eduardo Galeano, 2000 Upside Down: A Primer for the Looking Glass World. Picador, p. 312

"Solidarity is not a matter of altruism. Solidarity comes from the inability to tolerate the affront to our own integrity of passive or active collaboration in the oppression of others, and from the deep recognition of our most expansive self-interest. From the recognition that, like it or not, our liberation is bound up with that of every other being on the planet, and that politically, spiritually, in our heart of hearts we know anything else is unaffordable." Aurora Levins Morales, 1998 Medicine Stories. Boston: South End Press.

"Solidarity does not assume that our struggles are the same struggles, or that our pain is the same pain, or that our hope is for the same future. Solidarity involves commitment, and work, as well as the recognition that even if we do not have the same feelings, or the same lives, or the same bodies, we do live on common ground." Sarah Ahmed, 2004, The Cultural Politics of Emotion, p. 189.

im all for solidarity , im all for equal oportunity to better ones self but have you seen up close in person the reaction of people regardless of background who have become utterly dependant on welfare as a way of life , dosent recieve there entiteled handout at the first of the month? that is what you call pissed ! talk about a game changer for the elites.

Libor is fixed to the Credit Default Swap Market, whose size is a joke as illustrated on Counterpunch today by Rob Urie.

Even if the total dollar amount at risk from Swaps is less than $750 trillion, it is still in the tens, if not hundreds, of trillions of dollars. This is risk that the banks took on after the financial crisis of 2008 that saw them bailed out with trillions of dollars in public money. Credit Default Swaps (CDS) were the reason for the $160 billion bailout of AIG. This market will be the most likely culprit to bring down the global financial system when it inevitably moves back into crisis. The continued existence of the Swaps market after 2008 dwarfs LIBOR manipulation as a scandal.

www.counterpunch.org...

All these risks taken since the financial crisis by the super rich, another big, big storm is a comin'.