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(WTOP)   Good news, everybody. The mega-rich's net worth increased from $1.7 trillion to $2 trillion last year, which means there's gonna be a lot more cash money trickling down to the rest of us very soon   (wtop.com) divider line 469
    More: Cool, rises, T. Boone Pickens, Microsoft Corp., Dustin Moskovitz, Hyatt Hotel, Larry Ellison  
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2429 clicks; posted to Main » on 17 Sep 2013 at 7:52 AM (1 year ago)   |  Favorite    |   share:  Share on Twitter share via Email Share on Facebook   more»



469 Comments   (+0 »)
   
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2013-09-17 07:55:34 AM
Say, that *is* good news....for Obama.

/someone had to
 
2013-09-17 07:56:21 AM
/Oblig

nacla.org
 
2013-09-17 07:57:00 AM
Can't wait to feel the warmth of the liquid gold.
 
2013-09-17 07:58:49 AM
I'm going to buy some chewing gum with my share.
 
2013-09-17 08:01:31 AM
I think I feel something trickling down right now...
 
2013-09-17 08:01:51 AM
Is this the thread where everybody biatches about other people's money when they should be out earning money for themselves?
 
2013-09-17 08:03:34 AM

Katolu: Can't wait to feel the warmth of the liquid gold.


content.animalnewyork.com
 
2013-09-17 08:06:30 AM
For what it's worth, if you liquidated all that cash and redistributed to the entire US population (350M) that would be a payment of $142 a year for the next 40 years (in 2013 dollars.)  Or a single payment of $5714 ... to EVERY person in the US.
 
2013-09-17 08:06:59 AM
THANKS A LOT FARTZER0
 
2013-09-17 08:07:43 AM

DrPainMD: Is this the thread where everybody biatches about other people's money when they should be out earning money for themselves?


Yeah massive wealth inequality exists because people are lazy!
 
2013-09-17 08:07:50 AM

DrPainMD: Is this the thread where everybody biatches about other people's money when they should be out earning money for themselves?


Neighborhood Watch: I've never understood why liberals are so obsessed with other peoples' money (and/or private property, in general).

I guess the politics of envy will always be effective.


/strangely, it works just as well for limousine liberals


Glad to see the uberwealthy's white knights have shown up to defend the indefensible. BTW guys- no matter how much you shill for them, they aren't going to invite you to their club.
 
2013-09-17 08:07:52 AM

Neighborhood Watch: I've never understood why liberals are so obsessed with other peoples' money (and/or private property, in general).


because we're not willfully ignorant of history?
 
2013-09-17 08:08:52 AM

DrPainMD: Is this the thread where everybody biatches about other people's money when they should be out earning money for themselves?


Is this the thread where conservatrolls show up to berate the poor for not having the good sense to be born wealthy, or attempt to maintain the fallacy that harder work turns into increased rewards?
 
2013-09-17 08:08:54 AM
and yet another jealousy thread
 
2013-09-17 08:12:47 AM
Revolutionaries with no revolution will create one.
 
2013-09-17 08:13:00 AM
My company took away our bonuses, longevity checks, hell even our Christmas hams. They then cut all employees pay by 10%. The three main bosses just had a huge private parking deck built for only them. Then we constantly hear the line "Just be happy you have a job" I am not really complaining as much as I just wanted to show that Mr. Scrooge is indeed real.
 
2013-09-17 08:13:13 AM

Neighborhood Watch: I've never understood why liberals are so obsessed with other peoples' money (and/or private property, in general).


Because, don't you see? In order for those rich folk to get richer, they literally had to take from the poor. There's simply no other way to acquire wealth since there's only so much cash in circulation. Cash money gets its value because of its scarcity, ergo, derp.
 
2013-09-17 08:14:56 AM
Can you 3D-print a guillotine?
 
2013-09-17 08:15:42 AM
universalrover.files.wordpress.com
 
2013-09-17 08:15:53 AM

Aristocles: Neighborhood Watch: I've never understood why liberals are so obsessed with other peoples' money (and/or private property, in general).

Because, don't you see? In order for those rich folk to get richer, they literally had to take from the poor. There's simply no other way to acquire wealth since there's only so much cash in circulation. Cash money gets its value because of its scarcity, ergo, derp.


The cash has been printed and deposited directly in the accounts of rich people. They aren't literally taking it from the poor but the poor will be hurt the most when their few dollars are worth less.
 
2013-09-17 08:16:04 AM
HighlanderRPI
2013-09-17 07:56:21 AM


/Oblig

Reagan has been out of office for how many years now? Bush disagreed with his economic beliefs calling them "Voodoo economics" and changed the course.... leading to the bush recession. Remember "It's the economy stupid"?

So, how long has zero been in office? You're blaming Reagan who's been dead longer than zero has been at the helm.
 
2013-09-17 08:16:27 AM

Joe Blowme: and yet another jealousy thread


The wealthy are stealing money from the poor (yes in many cases it should be labelled as actual theft), shipping jobs overseas after maxing out the debt on the people in this country thereby limiting the ability to repay. I don't think think you can call that jealousy.

People are being finacially farked and hard. I think alot of it has to do with the debt collection agencies and their relationship to the companies they represent. It's more money for all if it goes thru DC.
 
2013-09-17 08:17:22 AM

OnlyM3: HighlanderRPI
2013-09-17 07:56:21 AM


/Oblig
Reagan has been out of office for how many years now? Bush disagreed with his economic beliefs calling them "Voodoo economics" and changed the course.... leading to the bush recession. Remember "It's the economy stupid"?

So, how long has zero been in office? You're blaming Reagan who's been dead longer than zero has been at the helm.


So, you think that the bad economy of the late 80s is because of Bush sr.?   lol  oh god, it burns.
 
2013-09-17 08:18:40 AM

badhatharry: Revolutionaries with no revolution will create one.


Isn't that the way they all start?
 
2013-09-17 08:19:15 AM
doublesecretprobation


Neighborhood Watch: I've never understood why liberals are so obsessed with other peoples' money (and/or private property, in general).

because we're not willfully ignorant of history?

That's demonstrably false.
 
2013-09-17 08:19:46 AM
www.jesus-is-savior.com
 
2013-09-17 08:20:01 AM

Infernalist: OnlyM3: HighlanderRPI
2013-09-17 07:56:21 AM


/Oblig
Reagan has been out of office for how many years now? Bush disagreed with his economic beliefs calling them "Voodoo economics" and changed the course.... leading to the bush recession. Remember "It's the economy stupid"?

So, how long has zero been in office? You're blaming Reagan who's been dead longer than zero has been at the helm.

So, you think that the bad economy of the late 80s is because of Bush sr.?   lol  oh god, it burns.


Hyper conservatism can never be wrong.
 
2013-09-17 08:20:52 AM
regardless of libs vs cons; whatever (all boring)

what's to be done? you can't march into people's houses and take wealth
 
2013-09-17 08:22:03 AM
Democrats are hoping angry taxpayers will blame the rich for having to send money to Washington

Class envy.

Despite record tax revenues, the federal government still racked up $755 billion deficit in the first eleven months of fiscal 2013

I think I know why there are issues for the middle class today.   And it isn't because of a few wealthy individuals.

You have to work 107 days in America,  just to pay your tax bill.

Maybe a large bloated Government is the problem.
 
2013-09-17 08:22:09 AM

Strik3r: Joe Blowme: and yet another jealousy thread

The wealthy are stealing money from the poor (yes in many cases it should be labelled as actual theft), shipping jobs overseas after maxing out the debt on the people in this country thereby limiting the ability to repay. I don't think think you can call that jealousy.

People are being finacially farked and hard. I think alot of it has to do with the debt collection agencies and their relationship to the companies they represent. It's more money for all if it goes thru DC.


Maybe you should fill out a police report
 
2013-09-17 08:22:18 AM

baufan2005
2013-09-17 08:13:00 AM


My company took away our bonuses, longevity checks, hell even our Christmas hams. They then cut all employees pay by 10%. The three main bosses just had a huge private parking deck built for only them. Then we constantly hear the line "Just be happy you have a job" I am not really complaining as much as I just wanted to show that Mr. Scrooge is indeed real.

Don't worry, you have hope and change.

A slogan to placate the dumbmasses, because actions are harrrrrd.
Under President George W. Bush (Jan. 2007), black unemployment was 7.9%{1}.
Under Obama it has risen to 13.4% (Oct. 2012).

Too bad Facts are bannable offenses on fark.
 
2013-09-17 08:24:18 AM

Lady J: regardless of libs vs cons; whatever (all boring)

what's to be done? you can't march into people's houses and take wealth


Sure we can.
 
2013-09-17 08:24:43 AM

OnlyM3: baufan2005
2013-09-17 08:13:00 AM


My company took away our bonuses, longevity checks, hell even our Christmas hams. They then cut all employees pay by 10%. The three main bosses just had a huge private parking deck built for only them. Then we constantly hear the line "Just be happy you have a job" I am not really complaining as much as I just wanted to show that Mr. Scrooge is indeed real.
Don't worry, you have hope and change.

A slogan to placate the dumbmasses, because actions are harrrrrd.
Under President George W. Bush (Jan. 2007), black unemployment was 7.9%{1}.
Under Obama it has risen to 13.4% (Oct. 2012).

Too bad Facts are bannable offenses on fark.


What was it in Decmember 2008?
 
2013-09-17 08:24:51 AM
ok nevermind. the crazy has expanded to fill all available space. abandon thread
 
2013-09-17 08:25:13 AM
Infernalist
2013-09-17 08:14:56 AM


Can you 3D-print a guillotine?

Peaceful liberals calling for murder. Must be a day that ends with a 'y".
 
2013-09-17 08:25:34 AM

HotWingConspiracy: Infernalist: OnlyM3: HighlanderRPI
2013-09-17 07:56:21 AM


/Oblig
Reagan has been out of office for how many years now? Bush disagreed with his economic beliefs calling them "Voodoo economics" and changed the course.... leading to the bush recession. Remember "It's the economy stupid"?

So, how long has zero been in office? You're blaming Reagan who's been dead longer than zero has been at the helm.

So, you think that the bad economy of the late 80s is because of Bush sr.?   lol  oh god, it burns.

Hyper conservatism can never be wrong.


What we need is 20 straight years of Democratic control of the WH and congress.  No more of this '8 years and hand off' bullshiat.  We need a solid decade of Democratic control of the government so that we can 'see' what can come of it.  And then let the American people decide if the GOP alternatives are better or not.

Because right now, it's stupid.  We let the GOP fark things up with foreign wars and obscene tax cuts and cronyism and all but open bribery in the government at the highest level...and when shiat goes south, they throw up a lamb to be slaughtered after 8 years and the Democrats take over.

Democrats spend 8 years fixing the GOP fark ups and disasters and get us out of the wars and the whole time, the GOP is snarking and complaining about how the Democrats aren't fixing things fast enough.  And at the end of the 8 years, they talk about integrity of the office and how corrupt the Democrats are and weak on crime and our enemies are laughing at us...etc etc etc...

And we vote them back in and they go right back to provoking foreign wars and looting the government for as much as they can, and we continually have the unmitigated gall to act SURPRISED.

fark that.  2016 needs to be the point where we give the Democrats another 8 years in the WH.
 
2013-09-17 08:25:58 AM

Lady J: regardless of libs vs cons; whatever (all boring)

what's to be done? you can't march into people's houses and take wealth



Not any more. Today's wealth is mostly virtual: Tokens in a mutually agreed upon accounting system.
Aside from real estate, the visual trappings of wealth are mostly just the toys of the wealthy.
 
2013-09-17 08:27:07 AM
DONAHUE: When you see around the globe the maldistribution of wealth, the desperate plight of millions of people in underdeveloped countries, when you see so few haves and so many have-nots, when you see the greed and the concentration of power, did you ever have a moment of doubt about capitalism and whether greed's a good idea to run on?

FRIEDMAN: Well, first of all, tell me, is there some society you know that doesn't run on greed? You think Russia doesn't run on greed? You think China doesn't run on greed? What is greed? Of course none of us are greedy. It's only the other fellow who's greedy. The world runs on individuals pursuing their separate interests. The great achievements of civilization have not come from government bureaus. Einstein didn't construct his theory under order from a bureaucrat. Henry Ford didn't revolutionize the automobile industry that way. In the only cases in which the masses have escaped from the kind of grinding poverty you're talking about, the only cases in recorded history are where they have had capitalism and largely free trade. If you want to know where the masses are worst off, it's exactly in the kinds of societies that depart from that. So that the record of history is absolutely crystal clear that there is no alternative way, so far discovered, of improving the lot of the ordinary people that can hold a candle to the productive activities that are unleashed by a free enterprise system.

and yet, some still refuse to see.
/hearing what they want to hear, knowing only what they heard
 
2013-09-17 08:27:08 AM

Lady J: regardless of libs vs cons; whatever (all boring)

what's to be done? you can't march into people's houses and take wealth



Didn't get that memo:

i28.photobucket.com
 
2013-09-17 08:28:09 AM

Jorn the Younger: DrPainMD: Is this the thread where everybody biatches about other people's money when they should be out earning money for themselves?

Is this the thread where conservatrolls show up to berate the poor for not having the good sense to be born wealthy, or attempt to maintain the fallacy that harder work turns into increased rewards?


Your contempt for the 'born on 3rd base, think they hit a triple crowd' is warranted.  Believing that hard work doesn't produce results just stupid.

You're batting .500
 
2013-09-17 08:28:26 AM
I assume all of you frown when your 401ks increase in value because of the stock market. Oh way, pot, kettle....
 
2013-09-17 08:29:19 AM

Joe Blowme: Strik3r: Joe Blowme: and yet another jealousy thread

The wealthy are stealing money from the poor (yes in many cases it should be labelled as actual theft), shipping jobs overseas after maxing out the debt on the people in this country thereby limiting the ability to repay. I don't think think you can call that jealousy.

People are being finacially farked and hard. I think alot of it has to do with the debt collection agencies and their relationship to the companies they represent. It's more money for all if it goes thru DC.

Maybe you should fill out a police report


Kinda hopeless when they are bought out already. I'm not talking about the cops. I'm talking about the legal system......................
 
2013-09-17 08:29:39 AM

HotWingConspiracy: DrPainMD: Is this the thread where everybody biatches about other people's money when they should be out earning money for themselves?

Yeah massive wealth inequality exists because people are lazy!


In part, yes. People have consistently voted to abdicate personal responsibility onto the shoulders of others. Those others have taken extreme advantage of their position. That is human nature, and is, in part, caused by laziness.
 
2013-09-17 08:29:39 AM
i.imgur.com
 
2013-09-17 08:29:39 AM

Lady J: regardless of libs vs cons; whatever (all boring)

what's to be done? you can't march into people's houses and take wealth


Publicly Funded Elections
Plurality Voting
Remove the 535 Member limit on Congress
 
2013-09-17 08:30:01 AM
There's a line that you can't push people past.  They're getting close to that line.
 
2013-09-17 08:31:26 AM

netcentric: Democrats are hoping angry taxpayers will blame the rich for having to send money to Washington

Class envy.

Despite record tax revenues, the federal government still racked up $755 billion deficit in the first eleven months of fiscal 2013

I think I know why there are issues for the middle class today.   And it isn't because of a few wealthy individuals.

You have to work 107 days in America,  just to pay your tax bill.

Maybe a large bloated Government is the problem.


And yet we have one of the lowest individual and corporate tax burdens in the developed world.
So maybe the problem isn't bloated government.
 
2013-09-17 08:32:46 AM

HotWingConspiracy: DrPainMD: Is this the thread where everybody biatches about other people's money when they should be out earning money for themselves?

Yeah massive wealth inequality exists because people are lazy!


In my case, laziness has and will continue to hold me back on the wealth accumulation track.  That's a fact.
 
2013-09-17 08:32:51 AM

Zeb Hesselgresser: Jorn the Younger: DrPainMD: Is this the thread where everybody biatches about other people's money when they should be out earning money for themselves?

Is this the thread where conservatrolls show up to berate the poor for not having the good sense to be born wealthy, or attempt to maintain the fallacy that harder work turns into increased rewards?

Your contempt for the 'born on 3rd base, think they hit a triple crowd' is warranted.  Believing that hard work doesn't produce results just stupid.

You're batting .500


I didn't say hard work doesn't procude results, I said working harder turn into increased rewards.  Increased rewards generally take opportunity and options.  Just working harder doesn't cut it.
 
2013-09-17 08:33:01 AM

untaken_name: HotWingConspiracy: DrPainMD: Is this the thread where everybody biatches about other people's money when they should be out earning money for themselves?

Yeah massive wealth inequality exists because people are lazy!

In part, yes. People have consistently voted to abdicate personal responsibility onto the shoulders of others. Those others have taken extreme advantage of their position. That is human nature, and is, in part, caused by laziness.


Provide some examples.
 
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