Amazon's #1 Seller is a 700-page Book by a French Enconomist
CAPITAL
PIKETTY
Man: Apparently there is a massive inequality under capitalism?
Woman: Shut the front door!
Man: We don't have one.
If we made personal finance mandatory in public education, there would be a lot less poverty. Saving money should be compulsory; via wages or government handouts. Once people build a small nest egg (that they are not allowed to touch) and were educated to maintain, we would all be better off.
If income inequality becomes great enough, large numbers of people with little or nothing to lose will exist. At that point your electric fence and all the ammo you can buy won’t be enough..
The only thing that is going to save the Middle Class is the Middle Class. We are the 99%—- that means we have the votes to elect people who will actually represent middle class workers and provide a safety net for those who are trying to get into the middle class.We all need to know who is supporting the candidates. That is who they will be working for. They have no choice if they want to stay in office. You have to do the bidding of whoever is paying your way, just the same as we all do in our jobs. So, before going to vote, look it up on the internet. Open Secrets is a good site, but there are plenty.
If the candidate is getting their money from small donors or from unions, they are going to be working for middle class working people. If their donations are from corporations or from 1%ers, that’s who their votes are going to be working for. They are not going to go against them and do anything to help the middle class.
Absolutely nothing wrong with “well regulated” Capitalism, just like militias, but when banking and “investment companies” become legalized Mafia operations (my retired banker brother-in-law’s statement, not mine) then some corrections are needed.
If these darn poor people would just show some initiative and go out and inherit a billion dollar business like the Koch Brothers did, all them inequality problems would just go away.
DoctorUmmmNo about 10 years ago
There are winners & losers in any economic system. I find the best insurance is a well stocked armory & an electric fence.
WestNYC Premium Member about 10 years ago
If we made personal finance mandatory in public education, there would be a lot less poverty. Saving money should be compulsory; via wages or government handouts. Once people build a small nest egg (that they are not allowed to touch) and were educated to maintain, we would all be better off.
Theodore E. Lind Premium Member about 10 years ago
If income inequality becomes great enough, large numbers of people with little or nothing to lose will exist. At that point your electric fence and all the ammo you can buy won’t be enough..
ossiningaling about 10 years ago
“Where did you find that article?”“It was in my jacket lining,”
Diane Lee Premium Member about 10 years ago
If the candidate is getting their money from small donors or from unions, they are going to be working for middle class working people. If their donations are from corporations or from 1%ers, that’s who their votes are going to be working for. They are not going to go against them and do anything to help the middle class.
It would be political suicide.
moosemin about 10 years ago
Yes, but many of us can do without the roadblocks and detours.
Dtroutma about 10 years ago
Absolutely nothing wrong with “well regulated” Capitalism, just like militias, but when banking and “investment companies” become legalized Mafia operations (my retired banker brother-in-law’s statement, not mine) then some corrections are needed.
braindead Premium Member about 10 years ago
If these darn poor people would just show some initiative and go out and inherit a billion dollar business like the Koch Brothers did, all them inequality problems would just go away.
braindead Premium Member about 10 years ago
Right! Just like the Kochs did.
Jib76 about 10 years ago
A asset tax (a wealth tax) of 5 percent would eliminate the wealthnequality and federal and state and local fiscal deficits.