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Ya, but...
The boogeyman. |
The rest of that article:
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That's merely Mr. Wolff's opinion, and in my previous post I took his last sentence behind the barn and shot it, and then quartered it for the dogs to eat.
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Sadly, he is obviously the product of an institution of higher education where critical thinking was neither taught nor encouraged. He is attempting to take credit for being 10 years or so older than the kids coming out of college today. That's about it. Oh, and if he's so smart, why did he wait to have 3 kids before going to college? And PS - Did he go to a state supported school? GOVERNMENT HANDOUT Did he go to an expensive private school with the help of government backed student loans? GOVERNMENT HANDOUT Sorry, I am not impressed. :rolleyes: |
Whether they are the 99%, the 1%, or this arbitrarily stupid 53%, about 75% of all of them are still uneducated, uninformed, and irrelevant morons.
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I'm saying that I think the original graph producers decided on households because it shows a wider disparity. This stuff is hard for us laymen to figure.
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Easy Sam ...
I just thought his was an interesting tale. Primarily BECAUSE of when he went to school. (president at the time irrelevant) I can associate with him on a couple things. I too went back to school that year and graduated in 2000 with 2 degrees. I worked 3 jobs to support my family and pay my own way at the time. Yet here I sit day after day looking for a real job and trying to figure out wtf I did wrong. ETA - thanks for helping to support me Mr. noideawhoyouare. ;) |
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That picture rocks....
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As for what's hard for us laymen to figure .... figuring the intentions of absent and anonymous graph producers is hard, I agree. Figuring the arithmetic behind such illustrations is not as hard. For example, the arithmetic behind your per capita expansion of the income figures still demonstrates the extremely disproportionate distribution of income. Let's take the values in your chart. Here is what the per capita income numbers work out to: HTML Code:
Average Per Capita Income by Income Quartile 2010 Actual dollars is a measure we could agree on, using these figures. By this measure, each of the people in a given household, on average, has this amount of money. At the top there, each member of the household has $86k to spend. That's a lot of coin. At the other end of the scale, just one-eighteenth of that amount. Not a lot of coin. A delta of about 18 times. So when you talk about how much the big fish lose when the line on the graph tips down, like you do in your subsequent post, I would point out that though their dollar loss is great, it is on par with the ENTIRE annual income for the bottom quintile in many cases. So saying "I lost 5% or 10%" gives a comparative value. Saying "I lost $10,000 or I lost $500"... how does that inform the reader? Those are similar percentages, but the impact on the lives of the losers is not the same. liars figure and figures lie... cute. But I think a far more important question to ask and answer is about the lowest two quintiles. Forty percent of our population is living on these kinds of dollars. Your table doesn't say gross or net income, even if we take the most favorable position, net income, that's not a lot of money for almost half the population. Half the consumers for the goods and services produced in our economy have just this small amount of money to spend. The more they have the more they'll spend. TWO THINGS OUR REPRESENTATIVE GOVERNMENT DOES NOT REPRESENT THESE PEOPLE. Do you see forty percent of our Congress among this economic demographic? Of course not. Do you see anything close to forty percent of our elected representatives talking about this large chunk of the electorate? No. Do you see or hear anything like forty percent of our legislation focused on the segment of our population with such limited means? No way. How is this "representative"? It's not. IT IS ENTIRELY IN OUR SELF INTEREST, ALL OF US, TO RAISE THE STANDARD OF LIVING FOR OUR FELLOW CITIZENS AT THIS END OF THE SCALE, THE "LESS FORTUNATE". It costs a certain amount to live. That's what we all spend our first dollar on. And our second dollar. And the next several thousand dollars. That is direct consumption all of us make and spend. But for lots of folks, especially at this lower end, the have no more to spend. Isn't that what our economy needs? More spending? Then we should work to get more money into the hands of the poorest among us. If you're making $4,600 a year, you spend it all, no doubt. If you make $86,000, maybe you spend it all, maybe you save some. Don't we want more people spending more money, or even saving some? Then these are the people who are most likely to spend whatever increase they see. How do we measure what's valuable, what's important, what is the minimum needed to live? That number will not be zero. That cost will be borne by someone, even if the person who's incurring the costs has NO money. Where will he eat? Jail? Under a bridge? At a shelter? We don't just let people shrivel up and die. We do, some of us, shoo them away to become someone else's "problem", someone else's cost. I don't live in an America where that's done, where that's right. You don't either. I don't know how best to do this, there's definitely not just one way, no one thing that will make it happen. BUT. No problem can be solved, and we most definitely have a very big, very important problem here, until that problem is acknowledged. We must all acknowledge that having so many so less fortunate than the most fortunate is a problem we must confront and solve as a nation. |
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The wealth envy protests are not going to change a dam thing.
Wealth redistribution is a failed plan to fix what ails us. |
How is it a failed plan?
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What are the protesters seeking? There are a hundred answers to that question. |
Occupy Wall Street in chaos: Money disputes, freeloaders imperil protest
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Associated Press http://communities.washingtontimes.c...es-freeloader/ |
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It's poverty antipathy. Be wealthy! Yay! But your country, your economy, your society, your future and mine will be better in every way if we're successful in reducing the ranks of the "less fortunate", as UT so delicately puts it. Is the wealth redistribution from 2007 to 2009 illustrated in UT's chart an example of a failed wealth plan? Is the wealth redistribution from 1986 to 2007 an example of a failed plan? Wealth redistribution... It's reviled as "wealth redistribution" when a person's relative share goes down; it's hailed as "upward mobility" when a person's relative share goes up. More hypocrisy. |
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After I got my degrees, I worked for another 30 years in my profession, and I put aside money for my retirement, had IRA's, savings, the whole nine yards. Then I got sick. No one could figure out what was wrong, and I got sicker. I eventually was forced to quit my fairly high paying job. I used up all my reserves on medical expenses and living expenses until I was left with nothing but a small disability check. Now the Republican Party wants to take that, too, along with my medicaid and my housing assistance. They don't just want to put the old girl to pasture, they want to send her to the glue factory. Me and thousands if not millions like me. Mad? Mad doesn't even begin to describe my feelings. :mad: |
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And while you're at it, why don't you give us all *your* answer to your oft-repeated question "What constitutes 'wealthy'"? Here's my cite. Quote:
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So let me ask you, we should redistribute wealth to the government so Obama can send money to Solyndra? How about to GE? They paid little to no tax, and Obama employs the CEO with our tax dollars. Maybe they should give them to the public sector unions?
Wealthy in this day and age is anyone who has more than "you" or has more stuff than "you" that you could never hope to have. If you are unemployed, wealthy may be the person who has a job while you have none. Wealthy may be the person who makes 2 million a year while you make 600k. Wealthy may be the welfare mother who has 6 children from 6 different babies daddies and gets more in public assistance than you, since you only have one kid. It is wealth is wealth envy. Quote:
Top 1% PAID an adjusted rate of 24.01% Bottom 50% paid 1.85% (source IRS) Total Income tax paid 1980 - 2009: In 1980 the top 1% paid 19.05%, in 2009 they paid 36.73% (this is nearly a 100% increase in the amount of taxes paid) In 1908 the bottom 50% paid 7.05%, in 2009 they paid 2.25% (this is more than a 100% reduction) Look at percent of AGI paid by top 1% and the bottom 50%! http://www.taxfoundation.org/news/show/250.html Yea, I am correct. Quote:
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Is anyone else getting nervous that these protests are going to lead to something like this?
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Classic, she is just referring to the picture, not you because you posted it.
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Ummmm... and no. I will take this fight to where ever it may take me to make sure OBAMA is never re-elected. BY ANY LEGAL MEANS!:D |
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Lucky for you, or I'd have you voted outta the club. ;)
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Dude - that's uncalled for.
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Sling it, expect it to be slinged back. Times are tough for a lot of people. I am completely sympathetic to that. This country is heading for the shitter. And it has not a GD thing to do with me. But watch out for the back lash in 2012, there may be a few surprises on the horizon. |
w/e
If you want to address her previous post and have something of value to add or would like to counter that, fine. She didn't sling any shit on/at you. Why'd you have to take it immediately personal? To just take that post which really had NOTHING to do with that which you are, I assume, slinging shit about is kinda just, well assholy. |
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Anyway that is not the point. "Cry me a GD river", was and is the point... |
No, READ - she even quoted me and then responded. YOU were not anywhere near the conversation she and I were having.
YOU interjected a cry me a GD river outta nowhere. And yet again I ask it is your point that has NOTHING to do with anything. Seriously. |
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Cry me a river? Her career, her health, her future and current security, all snatched from her leaving her wholly and inextricably bound up in state assistance, and there's almost nothing she can do about it. The Right want to strip her of what little assistance society has deemed she 'deserves' and you have the fucking brass balls to say cry me a river? Fuck Merc. You just took a nose dive in my estimation. Seriously, where's your human warmth gone? I am done with this discussion. I'm not coming in here any more, it just winds me the fuck up. |
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NO MASS JUSTICE, NO PLANETARY PEACE!
TAX THE MASS-RICH! "Sooner or later, you have enough mass." - Barack Obama "No planet gets massive on its own!" - Elizabeth Warren "Hey, I'm not massive. I'm for equal distribution of mass." - Micheal Moore Comrades, the solar system is unfair! Why do some planets, like Jupiter, have so much mass and others, like Mercury, have so little? Is it because Mercury is mostly black? Join the #OCCUPY JUPITER movement and demand a more equal solar system! |
Sorry, Merc, but that's false accounting, trying to pin the blame on Jupiter.
The Sun makes up 99% of the solar system's mass. Jupiter is just a distraction pushed by the uber-massive to make us forget the real issue. :D |
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I don't know where idiots come up with this "wealth distribution" goal for OWS. They started by saying that we American Taxpayers bailed out Wall Street's ass, increasing our debt. Now it's time for Wall Street to pay back and lower our debt. Nowhere have I heard that the money should go to the poor. Sure, it's been suggested that increased tax revenue should be used to rehab our attrocious infrastructure and whatnot, but not be given to the poor.
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yeah, Dana, I like that suggestion too if you must. I value your contributions all over the cellar, and here is no exception. Well, kind of an exception. This subject is very important to me, and I *highly* value the insight of intelligent articulate people, like you, especially about stuff that's important to me.
Do what's right for you. I hope you can hang in here. |
Take a deep breath, Dana.
Sometimes it's like white noise... to be ignored |
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Dana, your posts in this forum always give me hope. Dont let the Mercs of the world take yours away - I think thats their motive anyway.
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And please don't let cretins like Merc prevent you from posting here. Unlike him, you always have good things to say. |
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Shhh! Don't tell them they have something in common Undertoad. Then they couldn't actually hate each other (as much).
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Oh guys, I'm sorry, I didn't mean to sound like a drama queen. I meant this thread, not the forum as a whole ;P
The Occupy Wall Street conversation occasionally makes me want to throw my computer through the window. Just so fucking frustrating ya know? Signed: GD Fool |
What makes this Wall Street Journal article newsworthy
enough to be highlighted by Google News ? Occupy Wall Street tackles crime in protest camp Quote:
WSJ's use of "They" and "even includes former gang members" stirs the juices. Go into any city park at any other time and you'll come across the same sort of "urgent issue". I expect higher quality reporting from WSJ. . |
I've been reading a lot of articles about theft and crime in their camps.
Is it any different statistically than any other place where there are a large number of people camping/living in a smaller amount of space? I doubt it. |
The point is that living like a refugee doesn't enhance one's appearance as a force to be reckoned with (i.e. beggars can't be choosers).
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As in the anti-war/civil rights/feminism movements of the 60's, appearances can be deceiving. ;)
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Wonderful discussion about OWS on the Charlie Rose Show.
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