11 Things The Wealthiest 400 Americans Could Buy Their Country

[Catawba]

I do not know the exact numbers so I'm simply going to go with, well you pick it, many or most. Many or most of those in poverty have 2-3 televisions, a cell phone..... you get the idea.

Yeah, I get the idea that you are completely removed from reality.

Then change your lot in life. I can gaurantee you that jealousy is never going to cut it for you.

I am fortunate, my lot in life is OK, my concern is for the less fortunate. Not suprising that your post looks at the situation from the pesonal greed (what's in for me) perspective. That is what I see as the main obstacle to a return to the progressive tax system that created the strongest middle class in our history.

 

[Jeezy]

None, but instead of being in the company of our allies - like Canada, the UK, Germany - our income inequality is on a level with Jamaica, Liberia, and Ivory Coast.

First off, why do we need to have the same level of inequality as our "allies?"

Second of all, Egypt is also our ally....as is Colombia....Georgia...

 

[Catawba]

I'm not the one worrying about what others are doing.

I was just getting ready to say that your posts have clearly expressed that you do not care about others.

 

[Badmutha]

When this is looked at in view of the fact that in 2009, 1 in 7 Americans lived in poverty.

....The Obama Economy.......

It is disturbing that we have that much concentrated wealth in this country that is not being used to create jobs here, despite the 30 years of tax breaks at the top that was supposed to trickle down and create jobs and a prosperous economy.

]Unemployment Rate After the Bush Tax Cuts

We have been had! And they've dressed up the trickle down theory and are trying to sell it to us again. Hopefully, the citizens have wisened up at this point, with the lack of prosperity all too real for most Americans.

An abundance of poor Americans.........and a massive huge Liberal nanny state government...........coincidence in America?.........or the reality of every poverty laden bankrupt Leftist country around the world?
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[FilmFestGuy]

First off, why do we need to have the same level of inequality as our "allies?"

Second of all, Egypt is also our ally....as is Colombia....Georgia...

Egypt - revolution. Colombia - drug wars. Georgia - half-demolished by Russia.

Again, good company.

A stable happy nation requires a fat and happy middle class. If you want a ****-storm, concentrate the wealth into just a few hands. When everyone else gets tired of it, things are going to look really bad.

This Ayn Rand fantasy world that some people are living in, where the capitalists can just take all their money and live on an island with no employees, customers, or servants is actually frightening.

 

[Harry Guerrilla]

Dumb, unethical, immoral.

Just a few things that come to mind from this proposition.

 

[Catawba]

....The Obama Economy.......

Nope, the Bush economy. There were already 1 in 7 poor in this country before Obama became President.

Unemployment Rate After the Bush Tax Cuts

Political Irony › Jobs lost under Bush v. Obama

An abundance of poor Americans.........and a massive huge Liberal nanny state government...........coincidence in America?.........or the reality of every poverty laden bankrupt Leftist country around the world?

Nope, the result of 30 years of trickle down economics. Lets gets us some more of that says the far right! :sun

 

[BDBoop]

Egypt - revolution. Colombia - drug wars. Georgia - half-demolished by Russia.

Again, good company.

A stable happy nation requires a fat and happy middle class. If you want a ****-storm, concentrate the wealth into just a few hands. When everyone else gets tired of it, things are going to look really bad.

This Ayn Rand fantasy world that some people are living in, where the capitalists can just take all their money and live on an island with no employees, customers, or servants is actually frightening.

That'd be a good time to render the dollar worthless, and start over with a new monetary system.

 

[FilmFestGuy]

....The Obama Economy.......



]Unemployment Rate After the Bush Tax Cuts

An abundance of poor Americans.........and a massive huge Liberal nanny state government...........coincidence in America?.........or the reality of every poverty laden bankrupt Leftist country around the world?
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Yup, Norway, Canada, Denmark, Germany - man THOSE countries really suck - with their stable economies, happy & healthy populations...

Oh, and they all have more small businesses per capita than we do. Oh, and their education systems are passing ours up and leaving us in the dust.

Even "conservative" European nations like Switzerland and Austria at least have healthcare systems that function and education for all of their citizens - and free college for those with qualifying grades. AND strong safety nets for when times are tough.

Oh, and good job leaving 2008 and January, 2009 off your chart there - because you wouldn't want to show when it skyrocketed up to 8%. And keep in mind, taxes haven't been raised at all, and it went up over 10% - all with the Bush tax rates. And now it's stalled out around 9% - all with the Bush tax rates.

We are the ONLY nation doing things the way we are doing them and we're being passed every day by nations who are improving their infrastructure, actually selling their natural resources at a proper cost instead of letting private companies essentially steal it, investing in education.

Even the Conservatives in the UK included tax hikes in their austerity program (and with all their cuts in spending their economy has completely stalled out - not even breaking 1% GDP growth since they began.)

 

[Harry Guerrilla]

My question is, after you all tap and drain these 400, will the next 400 down be subject to your wrath?
That's of course, after you all blow the money of the 1st 400, on completely non productive things.

 

[BDBoop]

My question is, after you all tap and drain these 400, will the next 400 down be subject to your wrath?
That's of course, after you all blow the money of the 1st 400, on completely non productive things.

Personalizing much?

 

[Badmutha]

Nope, the Bush economy. There were already 1 in 7 poor in this country before Obama became President.

The Poorest American Cities of 2008 (1-30)

1. Detroit, 33.3% in poverty--Democrat Mayor for the last 52 years
2. Cleveland, 30.5% in poverty--Democrat Mayor for the last 20 years
3. Buffalo, 30.3% in poverty--Democrat Mayor for the last 43 years
4. Newark, 26.1% in poverty--Democrat Mayor for the last 102 years
5. Miami, 25.6% in poverty--Democrat Mayor for the last 52 years
6. Fresno, 25.5% in poverty--Republican Mayor for the last 13 years
7. Cincinnati, 25.1% in poverty--Democrat Mayor for the last 29 years
8. Toledo, 24.7% in poverty--Democrat Mayor for the last 20 years
9. El Paso, 24.3% in poverty--Democrat Mayor for the last 120 years
10.Philadelphia, 24.1% in poverty--Democrat Mayor for the last 57 years
11. Milwaukee, 23.4% in poverty--Democrat Mayor for the last 49 years
12. Memphis, 23.1% in poverty--Democrat Mayor for the last 133 years
13. St. Louis, 22.9% in poverty--Democrat Mayor for the last 60 years
14. Dallas, 22.6% in poverty--Republican Mayor for the last 2 years
14 New Orleans,22.6% in poverty-Democrat Mayor for the last 141 years
16. Atlanta, 22.4% in poverty--Democrat Mayor for the last 130 years
17. Stockton, Calif., 21.6% in poverty--No info available--probably Libs
18. Minneapolis, 21.3% in poverty--Democrat Mayor for the last 35 years
19. Pittsburgh, 21.2% in poverty--Democrat Mayor for the last 21 years
20. Tucson, 20.9% in poverty--No info available--probably Libs
21. Chicago, 20.6% in poverty--Democrat Mayor for the last 78 years
22. Columbus,Ohio 20.1% in poverty-Democrat Mayor for the last 9 years
23. Long Beach, Calif., 19.8% in poverty--No info available--probably Libs
24. Houston, 19.5% in poverty--Democrat Mayor for the last 88 years
25 Los Angeles,19.4% in poverty--Democrat Mayor for "the last 8 years"
26. Baltimore, 19.3% in poverty--Democrat Mayor for the last 42 years
27 San Antonio,19.2% in poverty--Democrat Mayor for the last 38 years
28. Phoenix, 18.9% in poverty--Democrat Mayor for the last 5 years
29. Boston, 18.7% in poverty--Democrat Mayor for the last 79 years
30. Denver, 18.4% in poverty----Democrat Mayor for the last 46 years

Political Irony › Jobs lost under Bush v. Obama

Nope, the result of 30 years of trickle down economics. Lets gets us some more of that says the far right! :sun

Well Democrat's trickle up poverty is clearly working.......
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[Harry Guerrilla]

Personalizing much?

How so?
If you mean by income, I fall into the bottom 50%.
I just don't blame others for my failures in life.

 

[Badmutha]

Yup, Norway, Canada, Denmark, Germany - man THOSE countries really suck - with their stable economies, happy & healthy populations...

Oh, and they all have more small businesses per capita than we do. Oh, and their education systems are passing ours up and leaving us in the dust.

Even "conservative" European nations like Switzerland and Austria at least have healthcare systems that function and education for all of their citizens - and free college for those with qualifying grades. AND strong safety nets for when times are tough.

Oh, and good job leaving 2008 and January, 2009 off your chart there - because you wouldn't want to show when it skyrocketed up to 8%. And keep in mind, taxes haven't been raised at all, and it went up over 10% - all with the Bush tax rates. And now it's stalled out around 9% - all with the Bush tax rates.

We are the ONLY nation doing things the way we are doing them and we're being passed every day by nations who are improving their infrastructure, actually selling their natural resources at a proper cost instead of letting private companies essentially steal it, investing in education.

Even the Conservatives in the UK included tax hikes in their austerity program (and with all their cuts in spending their economy has completely stalled out - not even breaking 1% GDP growth since they began.)

Yes Norway and its 190% Debt/GDP.........Germany and its 160% Debt/GDP...........and Austria and its 230% Debt/GDP are clearly the liberal states of BANKRUPTCY this country should emulate.........Good Call!

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[1Perry]

Yeah, I get the idea that you are completely removed from reality.

Most of yours ideas don't seem to be based in reality.

I am fortunate, my lot in life is OK, my concern is for the less fortunate. Not suprising that your post looks at the situation from the pesonal greed (what's in for me) perspective. That is what I see as the main obstacle to a return to the progressive tax system that created the strongest middle class in our history.

Nothing is in it for me. I'm not asking for what others have.

 

[1Perry]

That'd be a good time to render the dollar worthless, and start over with a new monetary system.

The current powers that be are working on it.

 

[VanceMack]

12-A one way ticket to Venzuela, Cuba, or North Korea to anyone stupid enough to think life is better under a socialist government.

 

[Harry Guerrilla]

12-A one way ticket to Venzuela, Cuba, or North Korea to anyone stupid enough to think life is better under a socialist government.

Things like this, are a honey potion for the very ignorant.
As if paying for everyone's gas would actually solve monetary behavior problems

 

[Catawba]

Well Democrat's trickle up poverty is clearly working.......

So Obama is not cleaning up the Bush Recession fast enough for you huh? It took 30 years of cutting revenues at the same time spending was increased and you want it all fixed in a couple of years?

We haven't tried trickle up since Clinton, when it worked great. :sun

Have no fear just give those tax cuts to the rich a few more decades and I'm sure the jobs will be just rolling in! Yeah, that's the ticket! :sun

 

[TurtleDude]

Forbes magazine praises the rich for their accumulation of wealth, no matter how it is done.
Forbes is partially responsible for the money worship that causes people to hoard their wealth instead of putting it in circulation by creating jobs.

I guess you cannot figure out that people are worried about the uncertainty caused by Obama and that is why they are not investing now

 

[TurtleDude]

Perhaps the point is once people realize this reality, how long before they demand something be done about this?

Like you suggested below? or vote in more socialist parasites?

 

[Catawba]

Nothing is in it for me. I'm not asking for what others have.

Great then you won't mind the rich paying their fair share of taxes again, just like they did before the temporary tax cuts. :sun

 

[TurtleDude]

So Obama is not cleaning up the Bush Recession fast enough for you huh? It took 30 years of cutting revenues at the same time spending was increased and you want it all fixed in a couple of years?

We haven't tried trickle up since Clinton, when it worked great. :sun

Have no fear just give those tax cuts to the rich a few more decades and I'm sure the jobs will be just rolling in! Yeah, that's the ticket! :sun

Income redistribution doesn't create jobs. what it creates are unambitious sloths. THe ones who sit around blaming the rich for their failure to succeed

 

[Catawba]

Income redistribution doesn't create jobs.

That's what I've been saying since it began 30 years ago under Reagan and continued by George W. Trickle down economics was a colossal failure! :sun

 

[1Perry]

Great then you won't mind the rich paying their fair share of taxes again, just like they did before the temporary tax cuts. :sun

I reject that you are able to determine what is fair.