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View Full Version : Wealth Inequality in the USA - Great video



RMorgan
22nd October 2013, 18:11
Hey folks,

Check out this video which represents graphically what's the reality of wealth distribution in the US. Pretty good:

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Cheers,

Raf.

Isserley
22nd October 2013, 19:13
Wealth… So desired, yet so illusive… :)
Clearly, global capitalism has enriched a tiny minority while leaving the vast majority at the bottom of the global wealth pyramid.
However - wealth can be one of the greatest hindrances to spiritual growth and, particularly for those blessed with material prosperity, they must ever be mindful of their tendency to become attached to luxuries and physical comfort.

Tesseract
23rd October 2013, 00:50
Funny, even this guy has reassure people that we don't have to go all the way to socialism.

Cidersomerset
23rd October 2013, 10:53
Thanks Raf Capitalism is basically a pyramid scheme and wealth will
always attract wealth, its governments job to redistribute it fairly if
proportionally among the population it represents. This is complicated
by globalism and corporations who can flout local tax laws and operate
from third countries. There is no one ideology that fits all socialism,
Marxism , communism, tribalism , dictatorship & capitalism all eventually
end up with an elite wealthy privileged class and a poor neglected subclass.
With various degrees from professional occupations to manual labour filling
the gap but gradually heading to the bottom of the pyramid as can be
seen all over the industrial world let alone the sweatshop emerging nations
who have been abused socially and economically over the past 500 years.
Most of human history is a litany of war, conquer and abuse of one group
over another and of course that still goes on today.

I don't know the answer, it has to be an awakening worldwide, hopefully
the web is the starting platform for education for everyone in the sense
while experiencing this reality we are all earthlings together not enemies
trying to exploit each other as we can see the corporate rape of the planet
from the Artic to the Amazon.

I am a liberal in many things but believe in unions as a balance to conservative
greed, but they are not perfect. Last saturday a leading national union leader
came to town Bob Crow head of the National train union workers to celebrate
the 100 years anniversary of the setting up of the Bridgwater & District TUC,
and as our union rep Dave Chapple in the post office where I work organised it, I
helped carry one of the banners in the procession, which while only relatively small
was fun and in the spirit of our grand parents who set them up and did have
much harder conditions we have today and were threatened by the bayonet
when they defied their bosses for the rights we enjoy today, but are under threat.

Anyway not sure where I'm going with this other than we must keep
trying to bring living standards and human right up and certainly start stopping
the unfair wealth collation of the few percent at the top, whether they have worked
hard for it or not. This is a step back to the pre WW1 era of rich aristocrats and
industrialists, who owned everything. In one sense they never went away and
it looks as if it has come full circle, with Russian Oligarchs, rich sheiks and
corporate magnets, communist 'demi gods' in North Korea and many other
chieftains set up around the globe backed by corporate money, in exchange
for raw materials and cheap labour.

===========================================

IN PICTURES: Union leader Bob Crow visits Bridgwater for rally Sat 19th Oct 2013

http://www.bridgwatermercury.co.uk/resources/images/2689867/?type=articleLandscape

http://www.bridgwatermercury.co.uk/news/10752030.IN_PICTURES__Union_leader_Bob_Crow_visits_Bridgwater_for_rally/?ref=mr

risveglio
23rd October 2013, 14:08
Why is capitalism still being blamed when we don't have capitalism? For a group that is supposed to be well informed and understand conspiracy theories, we certainly have no idea what Capitalism is, what it has done for humanity and why it would solve most of our problems. We do not have Capitalism in this world. Capitalism requires sound money. Capitalism requires free markets. The US has not had either in over 100 years but we still all go around blaming Capitalism and calling for a system that just enslaves the entire population (Socialism). We already have a little bit of Socialism, a little bit of Capitalism, a whole lot of Corporatism and it does not work. Stop blaming Capitalism until we actually try it.

The reality is that the true conspiracy theory and maybe the only one is that they have fooled so many to think we have Capitalism and to blame Capitalism that we will never actually try it. Why? Because you can't control it. Its organic and has and does its own thing.

http://www.zerohedge.com/news/jim-grant-must-watch-capitalism-alternative-what-we-have-now

Maria Bartiromo: "What are the alternatives?"

Jim Grant: "Capitalism is an alternative for what we have now. I highly recommend it."

Cidersomerset
23rd October 2013, 14:24
I just saw this on the news headline site and it sums up
well the time honoured clash between establishment news
bulldogs and anti establishment views. This time being
expressed by Russell who is an enlightened individual
with a addictive personality to many things he freely
admits. Tangling with MR BBC/Univercity challenge
and newsnight presenter 'Grumpy Paxman' ...........




Brand to Paxman How come I feel so cross with you

uATAA_k8_ng


http://static.bbci.co.uk/frameworks/barlesque/2.51.6/desktop/3.5/img/blq-blocks_grey_alpha.png


Brand to Paxman: How come I feel so cross with you?2 hours ago

Comedian Russell Brand is to edit a special, revolution-themed edition of British political magazine the New Statesman.

He has spoken to BBC Newsnight's Jeremy Paxman about why he wants a revolution.

Watch the interview in full on Newsnight on Wednesday 23 October 2013 at 2230 on BBC Two, and then afterwards on the BBC iPlayer and Newsnight website.

http://www.bbc.co.uk/news/entertainment-arts-24640083

risveglio
23rd October 2013, 14:37
I agree with Brand that we need to change in the system but you are not going to get it from any government.

Cidersomerset
23rd October 2013, 14:42
The reality is that the true conspiracy theory and maybe the only one is that they have fooled so many to think we have Capitalism and to blame Capitalism that we will never actually try it. Why? Because you can't control it. Its organic and has and does its own thing.

Any and all systems can and have been exploited. In theory all could be beneficial to humanity even a dictatorship if he/she was
a great benevolent person and organised a civilisation without greed, envy or hunger, but as we know we are along way from Utopia.

In the meantime communication is the best way forward imo, as jaw jaw is better than war war its simple I know and while
states and countries are still worrying about the 'trickle down factor' Wealth created by the few eventually gets to the poor.
This does not seem a very good system to me. But if that's what we have to work with, elected representatives must step in
to prevent anyone being ridiculously wealthy thus potentially powerful. Which is the main threat to any democracy imo
as the US is prone to severe lobbying and the like, more than most but all countries are vulnerable.

Its not necessarily the system, but how it is carried out that seems to be the
problem in this era, which is still probably the best in recorded history.

risveglio
23rd October 2013, 15:10
But if that's what we have to work with, elected representatives must step in
to prevent anyone being ridiculously wealthy thus potentially powerful. Which is the main threat to any democracy imo
as the US is prone to severe lobbying and the like, more than most but all countries are vulnerable.

You are looking for solutions from all the problems that you are stating from the creator of the problems. Whatever you thought of the man, do you remember Einstein's famous quote? "No problem can be solved from the same level of consciousness that created it." In a free market Capitalist society it would be impossible for there to be a behemoth company unless they provided something incredible that noone else could provide. It is only with the power of government that this becomes possible. Look at US history and see how industrialist used the government to remove their competition. You may even discover some of the top 1% that made their money from nothing and just walked away, sometimes giving up just about everything cause they didn't want to play the government game. You don't want behemoths and you expect government to stop it so you solution is let's just have one behemoth that will keep things fair because we elect them? Nah, the people can't be manipulated, makes sense.

And it is also very important to state. This country does not need a democracy. This country was never intended to be a democracy. Democracy is just another form of slavery.

TargeT
23rd October 2013, 15:36
The reality is that the true conspiracy theory and maybe the only one is that they have fooled so many to think we have Capitalism and to blame Capitalism that we will never actually try it. Why? Because you can't control it. Its organic and has and does its own thing.

http://www.zerohedge.com/news/jim-grant-must-watch-capitalism-alternative-what-we-have-now

Maria Bartiromo: "What are the alternatives?"

Jim Grant: "Capitalism is an alternative for what we have now. I highly recommend it."

do we get to toss intellectual property rights also? being greedy with ideas screws the whole planet over, always has, always will....

Cidersomerset
23rd October 2013, 15:56
A behemoth is the basis of all religions and you are right I do not hold up much
faith on the almighty stepping in.Unless you believe we are all 'gods' experiencing
this reality and the sooner we can get that message out, the sooner we may start
building an experience based on cooperation not conflict. The old systems are
broken and democracy in theory is still a good compromise as 51% of people may
agree on a policy and 49% may not so although not ideal, and open to abuse, until
we grow out of a material based envy culture, its one of the better ideologies.

One of the theories of the ionic conversations between Bob Dobbs and Ion non-
physical is we are all eternal energy beings that come into physical form to create
contrast and that every death is a suicide.We can only create in this form and
everything created in the universe has sprung from us in physical
using the frequency of the spoken word and it goes into more detail from there.
The point is the elites that run the world know this and is why physical human life is
worthless as they know, when we die in physical we are not hurting our eternal
selfe. This is just basically a theme park for experiencing and creation, which
explains a lot to me why we are not allowed to create a peaceful world.

The goal is to be able to stay in physical longer eventually combining both bodies
physical and none,and we were able to do this once, then you go into a whole load
of conversations that have beengoing on for the past six years in their world.

The point is we all know something is wrong with this world whatever your politics or spirituality....

risveglio
23rd October 2013, 17:36
The reality is that the true conspiracy theory and maybe the only one is that they have fooled so many to think we have Capitalism and to blame Capitalism that we will never actually try it. Why? Because you can't control it. Its organic and has and does its own thing.

http://www.zerohedge.com/news/jim-grant-must-watch-capitalism-alternative-what-we-have-now

Maria Bartiromo: "What are the alternatives?"

Jim Grant: "Capitalism is an alternative for what we have now. I highly recommend it."

do we get to toss intellectual property rights also? being greedy with ideas screws the whole planet over, always has, always will....

Of course. The best capitalists are opposed to intellectual property, though most people want some credit so some have argued you could enforce a weak form through contracts.

TargeT
23rd October 2013, 18:08
The best capitalists are opposed to intellectual property, though most people want some credit so some have argued you could enforce a weak form through contracts.

IMO, a capitalistic system wouldn't need much at all, you invent, design and make your product; guarding the process until you are ready to release the product to the public; you will make a ton of profit off a good idea that is executed well with out IP (intellectual property) protection & if someone is smart enough to make your same product in a better way then that's how the system is suppose to work, you don't get to sue them into oblivion or block technological progress by buying up patents and sitting on them.

I think the patent system has set us back 100 years or more in advances... I'd love to see some true capitalism/free market action with sound money backing.. such a beautiful concept.

Bob
23rd October 2013, 18:19
The reality is that the true conspiracy theory and maybe the only one is that they have fooled so many to think we have Capitalism and to blame Capitalism that we will never actually try it. Why? Because you can't control it. Its organic and has and does its own thing.

http://www.zerohedge.com/news/jim-grant-must-watch-capitalism-alternative-what-we-have-now

Maria Bartiromo: "What are the alternatives?"

Jim Grant: "Capitalism is an alternative for what we have now. I highly recommend it."

do we get to toss intellectual property rights also? being greedy with ideas screws the whole planet over, always has, always will....

Of course. The best capitalists are opposed to intellectual property, though most people want some credit so some have argued you could enforce a weak form through contracts.

I could point out in personal 1:1 discussions with independent venture speculators, in the US, the Mideast, Europe, and US vulture capitalists VC's (they like to call themselves "venture", or adventurers (snicker)) that IP is what they want because that sets the trade value of the artificial entity called the "Company" ready "corporation" (synthetic entity that it's soul is created by an arbitrary package of talking head "names" to show off a fancy inflated board/ceo/coo) - the goal is a 5 year goal at best, to strip the IP from the original owner, pay the lowest amount possible with promise of late restricted "stock", then speculate on the hyper inflated value in a "seasoned" public shell. Trade on that, hype it then sell off the shares, then crash the shell and take the loss - its a VC win-win, and loss to the creator of any valid "product" - there is no true old style VC funded startup out there these days in these new "markets".

grannyfranny100
23rd October 2013, 18:57
RMorgan, thanks for that easy to understand video. Here is a great followup video unveiling the scam: The Best Kept Secrets of the Dollar http://www.forbiddenknowledgetv.com/videos/money/the-best-kept-secrets-of-the-dollar.html. plus a recent article "Politicians’ Extortion Racket?" on the scams politicians play. http://billmoyers.com/2013/10/22/politicians’-extortion-racket/.

My favorite is Karen Hudes covered on this Avalon thread http://projectavalon.net/forum4/showthread.php?64494-Clash-with-Karen-Hudes-on-Trunews--Broadcast-of-October-15th-2013-&p=747789&highlight=karen+hudes#post747789. Now what she presents isn't easy to understand for some of us non financial types but she sure has done lots of detective work on who are scamming us and she has gathered international support so we can clean up the mess and begin reworking our system. Short of civil war and martial law, I think she is our best hope and deserves our support.