Page 1 of 1

Amber Waves of Green - income inequality in America

Posted: Sat Jun 30, 2012 5:15 pm
by mark

Re: Amber Waves of Green - income inequality in America

Posted: Sat Jun 30, 2012 6:19 pm
by the comedian
What strikes me funny is the incredibly naive attitude of the ultrarich: they really do think that if you haven't made it to the top 1 or 2% of the income bracket then you should accept your lot in life and go about getting fucked over by them without complaint.
:roll:

Re: Amber Waves of Green - income inequality in America

Posted: Sat Jun 30, 2012 6:55 pm
by Fukshot
the comedian wrote:What strikes me funny is the incredibly naive attitude of the ultrarich: they really do think that if you haven't made it to the top 1 or 2% of the income bracket then you should accept your lot in life and go about getting fucked over by them without complaint.
:roll:
They also really believe that they deserve to have as much as they do.

Saw an interesting piece a few years ago with graphs comparing what Americans think income distribution is, should be, and what it actually is. On average Americans think income distribution is way more equitable than it is and they also consistently think it should be more equitable than they think it already is.

Re: Amber Waves of Green - income inequality in America

Posted: Sat Jun 30, 2012 7:12 pm
by gendoikari87
Well that peaked my blood pressure.
"Good," she says, nodding. "Happiness is having 20 percent more than you imagine needing. The trick is not to be too rich."

Read More http://www.gq.com/news-politics/big-iss ... z1zJxt5O32
From a woman making 25,000 a week. You know what, I've already mathematically proven these dickwads are thieves, can we not just throw them in jail?

Seriously if your income is mostly from stocks fuck you. Just fuck you. You don't deserve anything, you deserve jail time.

Re: Amber Waves of Green - income inequality in America

Posted: Sat Jun 30, 2012 11:15 pm
by Queen
I know it's naive to think this way, but how can a person feel fulfilled in this life if all they do is shuffle stocks around and make ridiculous amounts of money? Where is the sense that you've made the world a better place, helped someone out, left a legacy?

Re: Amber Waves of Green - income inequality in America

Posted: Sat Jun 30, 2012 11:24 pm
by ErikO
I'm in the top half and feel damned fortunate every day I spend above ground.

Re: Amber Waves of Green - income inequality in America

Posted: Sat Jun 30, 2012 11:26 pm
by gendoikari87
Pax wrote:I know it's naive to think this way, but how can a person feel fulfilled in this life if all they do is shuffle stocks around and make ridiculous amounts of money? Where is the sense that you've made the world a better place, helped someone out, left a legacy?
they [incorrectly] think that the stock market is the only or at lest best tool for providing initial capital for innovation. Which was the ENTIRE point of capitalism and the stock market to begin with. We have since learned, we have devised better alternatives, but refuse to implement them out of fear.

Re: Amber Waves of Green - income inequality in America

Posted: Sun Jul 01, 2012 12:46 am
by Fukshot
I also think many in the paper shuffling industries mistake wealth for achievement.

Re: Amber Waves of Green - income inequality in America

Posted: Sun Jul 01, 2012 8:28 am
by Caliman73
Fukshot wrote:I also think many in the paper shuffling industries mistake wealth for achievement.
True, only it isn't really a mistake. The idea has been carefully crafted and sold to America for the last 30+ years, since Reagan took office. The idea that wealth makes you better than others has been around much longer, but the idea used to be that if you made things and owned things you were better was the paradigm until the 80's. With Reagan and his crowd came the idea that gambling on stocks or playing with the financials was the new way you became a god. Every other President after him, including Democrats has played into this notion. Clinton with his "everyone should have a 401k" idea brought the idea to the middle and working classes and flooded the markets with more money so the richest could have more to play with. Then they went after Pensions, which were in traditionally stable investments by law. The ratings agencies were complicit scoring shit securities AAA bankrupting cities and pension plans when the casino crumbled.

There has always been inequality but it used to be that the bosses made maybe in the 10's of times higher in wages than the workers. Now they make in the 100's and as others have said, they think they deserve it whether they do something good or run companies into the ground. When they asked Dimon from Chase about compensation in the wake of their major losses several weeks ago he was quick to say they would be going after some of the money they paid to the woman directing the department that made the shady bets. When asked about giving up some of his he said that "the board of directors" dictated his salary and would have to make the decision. They are all filth, All of them.