http://neweconomy.net/content/wealth-inequality-america
The top 1% own 40% of the wealth. The bottom 80% have 7% of the wealth. The bottom 40% don’t even show up
The top 1% own 50% of the stocks and bonds. The bottom 50% own 0.5%.
In 1976 the top 1% had 9% of the nations income. In 2009 they had 24%.
And those trends are increasing, of course. We are an oligarchy, and believe the constantly drummed in idea that we are “free”.
This is the conservative agenda, that the top 1% own almost everything, then the top 1/2% own almost everything. Leaving essentially nothing for anyone else.
This is undeniable. Conservatives can’t deny it, liberals can’t deny it, Libertarians (although I don’t think they exist) can’t deny it.
Why would anyone WANT a country like that? A country where no one has a chance? Why would a poor person, a wage-earner, an hourly worker, want such a world? Don’t they see it? Are they blind? Stupid? Or all of those? Personally, I think they didn’t get enough iodine as children.
Anyone see France in the 1700s? Anyone see a revolt? When even the standing armies and Blackwaters can’t keep a starving public down? Anyone remember the saying that every revolution carries the seeds of the next revolution in it?
When Communists took over a country they shot the top 1%. Sometimes more. Anyone wonder why?
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What's really scary about the wealth distribution shown in that video...
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Why is it they want that? I notice none of them respond.
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I keep thinking TB is going to have a "hey, wait a minute" moment. He's a smart guy, after all.
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He has no rebuttal, no choice except to say he wants that situation or- - -
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I've made several rebuttals. You're just not paying attention.
- Why do you favor a plutocracy? It's that simple.
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I've made several rebuttals. You're just not paying attention.
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Sigh.
- I don't recall chiding you about any of that. Well not in some years, maybe?
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He has no rebuttal, no choice except to say he wants that situation or- - -
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I keep thinking TB is going to have a "hey, wait a minute" moment. He's a smart guy, after all.
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Why is it they want that? I notice none of them respond.