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No, you said: "The top 1% make money no matter what is happening with the economy. How is that possible?"
I said they don't. No you've tried to squirm your way out of what you said.
The income level between $50,000 - $500,000 has twice what the top 3% have in "taxable" income.
Dude, there is always going to be blips. However, at the end of the day they have more money. It may take a day or a week or three years but they come out just fine. The big difference is while they are waiting to recover they don't have to worry about paying the rent, and putting food on the table.
Here are some handy dandy graphs charts and such for you to digest.
I'm a moderate republican and small business owner who has zero options in my own party now because it's been taken over by radical right wingers and corporate cronies. I'm upset with both the D's and the R's because I don't think either side is working in my interest. Like the protests or not, they're making people think and venting lots of the frustration that everyday Americans have with our current economic situation. I think the protest movement these kids have started is only going to get bigger. That said, the only way we're going to have reform on Wall Street is if the people we've elected--R's and D's--pass laws that make it happen. You can bring attention and involve people by working outside of the system, but you can't actually make change without working in it. Right now their goals are all over the place, but if they can sort it out and come up with a agenda that appeals to every day America, and an action plan to get there, I think we might actually see real fiscal reform in this country. We'll have to see what happens.
Well I am a liberal Independent, but like you I am in the same boat. I am a small business owner as well. There is corruption on Wall Street. Look at the billionaire Hedge fund traders. They are no more than bookies. They bet on whether the stock will go up or go down. There clients may lose, but they never lose. This is simply a scam. We need to have some real investigation into the banks, securities traders, and the Fed. We need an independent non-partisan investigation.
Well I am a liberal Independent, but like you I am in the same boat. I am a small business owner as well. There is corruption on Wall Street. Look at the billionaire Hedge fund traders. They are no more than bookies. They bet on whether the stock will go up or go down. There clients may lose, but they never lose. This is simply a scam. We need to have some real investigation into the banks, securities traders, and the Fed. We need an independent non-partisan investigation.
I understand what you're saying, but who's going to do the investigation? Investigative journalists? It's a start, but they can't compel people to testify or put them under oath to gather information. We live in a country governed by the rule of law, and laws are created or changed by elected officials. If they're interested in covering their own backsides, there's never going to be a real investigation.
Personally I think the only way things are going to change is if a whole bunch of people are voted out of office and replaced with people who are reform minded. The tea party was never a real grassroots movement--it was run by the Koch brothers--and unfortunately it grabbed the frustration that many Americans were feeling and suckered them into voting for more of the same. This movement IS grassroots, and it has the opportunity to make real change if it can channel people's energy and frustration in the same way, but direct it toward real change.
I think there are some kids out there talking Marxism and socialism, but for the most part I think the vast majority are fed up, patriotic Americans who love our country, and want to take it back.
I understand what you're saying, but who's going to do the investigation? Investigative journalists? It's a start, but they can't compel people to testify or put them under oath to gather information. We live in a country governed by the rule of law, and laws are created or changed by elected officials. If they're interested in covering their own backsides, there's never going to be a real investigation.
Personally I think the only way things are going to change is if a whole bunch of people are voted out of office and replaced with people who are reform minded. The tea party was never a real grassroots movement--it was run by the Koch brothers--and unfortunately it grabbed the frustration that many Americans were feeling and suckered them into voting for more of the same. This movement IS grassroots, and it has the opportunity to make real change if it can channel people's energy and frustration in the same way, but direct it toward real change.
I think there are some kids out there talking Marxism and socialism, but for the most part I think the vast majority are fed up, patriotic Americans who love our country, and want to take it back.
Most of the youth they interviewed needed their note cards badly. Especially the youngster wearing the Who t-shirt. I love the Who, but they made their $$$millions off of capitalist like you and me. But, yes we are mostly fed up with both the lies on the left and the right. I want a real human/business man or woman in the white house next time around. Maybe the fed up can start a political party and use "Won't Get Fooled Again" by the Who?
The protestors are representing the 99% that are not part of the 1%. The 1% control the politics and wealth in the U.S.
Like it or not if you are not part of 1% you are the 99%. We are in this together. My guess is that everyone who is posting on this board is part of the 99%.
This class nonsense is totally bogus. Most people begin with little and end up with something.
The 99% against the 1% ought to be far down the list. Here are my nominees for more productive battles:
A. The 52% against the 48%. The people who pay ALL the federal income taxes ought to insist that more of us help row the boat.
B. The 52% against the 5%. The people who pay ALL the federal income taxes ought to insist that the corrupt, loophole-ridden, impossibly complicated personal federal income tax system be junked for something that does not cost us a couple hundred billions of dollars a year merely to comply with it. The 5% are those who profit from tax-code complexity.
C. The 100% against the 535 members of Congress. This relates to what might be the most counterproductive corporate tax system on the face of the earth--and it hurts every citizen because a complete overhaul would result in more jobs, higher incomes, lower costs for goods and services--and more revenues for the US Treasury. Members of Congress have routinely violated their pledge to uphold the Constitution by selling off tax code provisions for campaign contributions and political support.
I saw a number of protesters interviewed. Not one of them had any idea why they were protesting, it was just something to do to kill some time.
Many losers will join any protest group, it's kind of like a party for them. Doesn't matter what the cause is, lets go make trouble....
Most of the youth they interviewed needed their note cards badly. Especially the youngster wearing the Who t-shirt. I love the Who, but they made their $$$millions off of capitalist like you and me. But, yes we are mostly fed up with both the lies on the left and the right. I want a real human/business man or woman in the white house next time around. Maybe the fed up can start a political party and use "Won't Get Fooled Again" by the Who?
They're kids--I'm a mom of five teenagers. They want a better future, and they have tons of energy, but they don't always have the life experience to come up with a practical plan of action. What they do well is to bring attention to the problem and stir everyone else to do something. I'm inspired by these kids...
I think the only way change is going to happen is if we get the money out of politics so that we don't buy and sell elections. I'm not a big fan of third parties--all they wind up doing is splitting votes on one side or another, and somebody stupid wins by default. If there was a way to run "occupy" candidates on either side who are actually willing to work with each other on both sides of the aisle for the benefit of the American people--not unlike how the corporate world ran tea party republicans in the last election--it might work.
Dude, there is always going to be blips. However, at the end of the day they have more money. It may take a day or a week or three years but they come out just fine. The big difference is while they are waiting to recover they don't have to worry about paying the rent, and putting food on the table.
Here are some handy dandy graphs charts and such for you to digest.
This class nonsense is totally bogus. Most people begin with little and end up with something.
The 99% against the 1% ought to be far down the list. Here are my nominees for more productive battles:
A. The 52% against the 48%. The people who pay ALL the federal income taxes ought to insist that more of us help row the boat.
B. The 52% against the 5%. The people who pay ALL the federal income taxes ought to insist that the corrupt, loophole-ridden, impossibly complicated personal federal income tax system be junked for something that does not cost us a couple hundred billions of dollars a year merely to comply with it. The 5% are those who profit from tax-code complexity.
C. The 100% against the 535 members of Congress. This relates to what might be the most counterproductive corporate tax system on the face of the earth--and it hurts every citizen because a complete overhaul would result in more jobs, higher incomes, lower costs for goods and services--and more revenues for the US Treasury. Members of Congress have routinely violated their pledge to uphold the Constitution by selling off tax code provisions for campaign contributions and political support.
And that's the TRUTH!
Ron Paul 2012!
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