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It's a matter of power being concentrated into a few hands, really no different from government power being concentrated in just a few individuals.
Wealth enough to live comfortably is great. Anyone who works hard and saves should be able to have a nice home, cars, vacations, etc.
But, what we're talking about is wealth in the billions being concentrated in a small percentage of people. Those people then use this wealth (or at least can use that wealth) to gain power,more wealth, therefore more power, and so on. They can ruin ordinary individuals, have much more influence than their numbers would suggest on government action.
It's not about having money. It's about power, and power corrupts regardless of its source.
When You Legislate Buying and Selling, The First Things Bought And Sold are Legislators.
You have the problem precisely backwards.
There is no individual with enough power and money to compete against the Federal Govt and you ought to know that. Tell me exactly how any billionaire affects you and your family? This is a great country and no individual has so much influence that you cannot get away from it. Try getting away from the massive central govt?
I don't worry about corrupt individuals only corrupt politicians and govt. Corrupt individuals have no influence over me and my family, corrupt politicians do and when you have a 3.9 trillion dollar govt, take money from any group of people you are promoting bigger govt. and more dependence. that is the problem.
I learned a long time ago that a govt. that gives you everything you want is big enough to control you and take it all away. How many liberals really want that to happen.
Not really backwards. The money flows both ways, and so does the power. Money begets power, power begets money and power corrupts.
Until we find a way to take money out of politics, people with real wealth will continue to run it.
No, no one can "compete against" the federal government. What they can do is buy legislative influence that helps make even more money. Power buys money. Money buys power. That's how it works. Until we find a way to take money out of politics, people with real wealth will continue to run it.
Good grief......can't you get anything correct when it comes to numbers?The Top 1% controlling 99% of the wealth is a lie
Actually, the wealthy capturing a greater share ....NEGATIVELY impacts everyone who is not part of the top 1%. But then again, we are talking about simple math.....and you have been having trouble with that all day.but more importantly who really cares. How does that impact you and your family? The answer is it DOESN'T
Good grief......can't you get anything correct when it comes to numbers?
Actually, the wealthy capturing a greater share ....NEGATIVELY impacts everyone who is not part of the top 1%. But then again, we are talking about simple math.....and you have been having trouble with that all day.
Again, this is a very simple concept.....if wages have been stagnate for DECADES while the top have captured a greater share, EVERYONE outside of the top 1% has been negatively effected.Seems like you have a problem answering what appears to be simple questions. How has any rich person prevented you from joining them or hurt you in any way??
When You Legislate Buying and Selling, The First Things Bought And Sold are Legislators.
You have the problem precisely backwards.
Yeah.. but I would argue that this cycle starts with the perception by business that government can be profitable. There is a reason why industries usually lobby for regulation.
Sure - make it unprofitable by sharply reducing the governments' ability to steer resources and provide competitive regulatory advantage.
Good grief......can't you get anything correct when it comes to numbers?
Actually, the wealthy capturing a greater share ....NEGATIVELY impacts everyone who is not part of the top 1%. But then again, we are talking about simple math.....and you have been having trouble with that all day.
Sure, there is an infinite amount of wealth...in turtle world.more of the crap that if I make more money it keeps you from making more money
Again, this is a very simple concept.....if wages have been stagnate for DECADES while the top have captured a greater share, EVERYONE outside of the top 1% has been negatively effected.
Sure, there is an infinite amount of wealth...in turtle world.
I did not expect you to understand the concept of finite wealth the first, second or any other time....any more than I expect you to understand any other simple math problem.Again still waiting for how some rich person prevented you from becoming rich or hurt you in any way? You think a rich person's compensation affected what you made? What company do you work for? You really have no idea how private business works, do you? You also don't understand that much of a rich person's compensation comes from investment, stock options, etc and that has zero affect on you. If the company does well your department budget will reflect that performance. If you aren't being rewarded what you think you deserve, take the experience you gained and move on even starting you own business then you would have no one else to blame but yourself for your compensation
There is an infinite number of confidence fairies too....but that is not what I said.There is infinite amount of opportunity, apparently you choose not to take advantage of it
I did not expect you to understand the concept of finite wealth the first, second or any other time....any more than I expect you to understand any other simple math problem.
that is what a zero sum game is and absolutist argumentStraw, he didn't create a absolutist argument.
Really? at any point in time there is not a finite amount of wealth?
Again with the straw.
There is an infinite number of confidence fairies too....but that is not what I said.
The rich do what they can to make more. For that we are supposed to be eternally grateful?
They can't keep taking more of the pie forever, it is the trend that is most distressing. It doesn't matter if the pie is growing if they keep taking bigger pieces of it.
Sorry, didn't mean to wake you. Go back to sleep.
Does it not depend on a robust economy? How can the 99% spend when most of the money is collecting dust in some foreign account?
Um, an infinite amount has not existed.that is what a zero sum game is and absolutist argument
the fact that the fed can add money to the system at any time.
I never said they could.nope no straw at all. the fact is between how liquid the economy is and that the fed can expand the money supply as needed
means that the 1% can never hold everything.
Sure, there is an infinite amount of wealth...in turtle world.
You are still avoiding the argument, a finite amount of wealth exists, and if a group has captured an ever growing share, there is no escaping the fact that less remains for the other 99%.I am sorry, you apparently just aren't that marketable and it has nothing to do with any rich person. Just class envy on your part and jealousy over what someone else has.
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