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Originally posted by MystikMushroom
reply to post by NorEaster
I saw that last night on reddit. Many of the people had serious issues with the numbers. I'll have to go find it, but it appeared after much debate to skewed.
Oh, and AOL is still around?
Originally posted by MasterOfTheDamned
Originally posted by HTUKno1
If you weren't previously aware to the scale of the problem, that video may well be a serious slap to the face.
Thanks for posting
Actually I was under the impression that I had a fairly decent idea as to the scale of the problem.
And yet this vid was a major slap to the face, I'm currently looking for a job and might have one soon, but after watching this I have lost all ambition to find a job or work hard after getting one. Now I'm going to have to figure out if I want to support the top earners with my hard work, or stay out of the job market all over again as I have already thought about that once. I would almost prefer to just wander the streets eating trash, almost but wouldn't.
Originally posted by 200Plus
reply to post by SneakyStyle
Should a guy making hotdogs make the same as a guy designing aircraft? They both work the same hours, how do you justify not paying them the same.
Originally posted by Twix404
reply to post by NorEaster
Noting that "The top 1 percent own nearly half the country's stocks, bonds, and mutual funds," the video goes on to contrast those impressive holdings with the rest of the country. By comparison, it points out, the bottom 50 percent of earners own only 0.5 percent of those investments.
--From your source.
Great video, I really do hope that people get to see this, thanks a lot for sharing.
Short of eliminating the top 10% I think there are a few answers. As a libertarian my first response is to fix the banks by not helping them when they go broke and by eliminating the federal reserve... I think that there are other things that could be put into place, not to limit freedom but to limit injustice--I think there is more than just a fine line to approach this. It wouldn't be hard to take laws away that punish unique products and "protect" the wealthy, but I would like to see more laws against things like outsourcing which helps no one in America except the very head of certain businesses...
To answer the last part of your post, am I ready for bloodshed? Well, unfortunately, I think there is no other way around this type of situation. The U.S. will need to bleed before it can "heal" and whether that is a literal sense or a metaphorical sense I am not positive...edit on 4-3-2013 by Twix404 because: (no reason given)
Originally posted by endats01
I have been far too busy trying to scrape up enough to retire some day to think much about how wealth is distributed but since 9-11-2001, I have been paying much more close attention to the 1% and their rising wealth while everything else collapses around us. Why is it so hard to find a job that pays anything while executives get bonus pay for shipping American jobs overseas? That basic inequity was created by government...
...so I can see no way for those institutions to actually fix the problem. Every time the government has signed some free trade agreement it screwed American workers and small business people. It lined the pockets of the wealth 1% but damned the USA to third world status in the very near future.
Originally posted by MystikMushroom
reply to post by NorEaster
It's not that the actual numbers were wrong, it was the way they were presenting it -- give me a bit and I'll see what I can find.
You know the saying, "You can say anything with statistics".
I'm all about taking a harder look at the top 1% -- don't get me wrong! I just want to make sure I'm armed with the best info I can find! I'll get back to you, meanwhille S&F.
Originally posted by SneakyStyle
Horrible, I can see Australia slowly following this pattern too.
I'm honestly starting to think that there should be a 500k or 1mil salary cap for every individual person, anyone who makes more then that can not justify it....
I mean seriously who works hard enough that you can say oh hey lets give them $5000 per hour???? Like really wtf can justify that other then pure greed. But sadly this is how it all is now, some people out there in positions where they can pay themself whatever value they choose without consequence.
Salary CAP would solve a lot of those problems.
Originally posted by bladerunner44
"not to limit freedom but to limit injustice--" now isn't that just the most communist/socialist idea you've every heard. Are you really that deluded to believe that oxymoron, moron being the operative component. You really don't get the utter fallacy of that concept. It is an affront to our constitution and the principles of this country. And BTW that video is self serving tripe concocted into a steaming pile of crap by the obamanuts.