God don't like ugly and this is ugly! Remember how hard it is for a rich man to reach heaven in the Bible? Very low probability and with these filthy rich people on this planet, not a chance at all. Lots of people sell their souls for money. This been going on since capitalism started. Corrupt!
If we could round up and capture all these assholes trying to destroy democracy, seize their assets, then we could redistribute ill gotten gains to give much needed relief to the neediest.
The New Deal did one thing more than it did anything else. It put the people to work. I define World Economic Apartheid as Reaganomics in the form of privatization. Taking 13 US billionaires & just shy of a trillion dollar National Debt. Add 45 years.
Now 800 US billionaires & a 36 trillion dollar National Debt. At the same time some 140 world billionaires in 1987 turned into 2800 world billionaires today. FDR said, “Necessitous men are not free men”.
the 1940s and 1950s were made possible by the richest Americans paying a marginal tax rate of 91%. This is what happens when we allow the monied interests to lobby government officials for new laws pertaining to businesses started in certain niche ways so as to avoid paying the most taxes possible.
Once the weath was measured in land. So at one poinr the people had enough and the kings fell and people got their own land to thrive. And then the stock market was invented to rob people again but this time it's all imaginary. Without people it's not worth a penny.
Exactly. I am 72 years old so I have watched this whole thing unfold. My father was a vice president of an oil company in 1972 and made about 90k . Reagan tax cuts did this
Billionaires buy lots of gold, until the price stalls, then their wealth management bods buy all our houses and rent them back to us, they can't just hoard cash, they buy investments.
We will end up owning nothing and being grateful to them at every juncture, fuck that for a game of soldiers.
End the oligarchy!!! I cancelled Amazon/Meta on inauguration day and will boycott any and all companies or products supporting this coup. Democracy deserves more than one day. This includes all stocks in any companies either. I have liquidated my stock portfolio of traitors to democracy!!
Terrible statistics. I have never wanted to be 'rich', but everyone should be able to get by and have a little spare. That should be perfectly achievable.
We could all be living healthy, happy lives with our friends and families but instead we for trade wars, will prob lose Social Security/Medicaid, bird flu, covid still killing people daily, ending childrens cancer research funding, mass deportations, abandoning our allies, and more every day....
Is time to brake up the billionaires, brake up big corporations, time for strong antitrust laws, time to take money out of politicks, time for strong ethics reform laws for the Supreme Court.
I feel what we should be paying attention is the distribution of wealth. People need to be paid “a living wage” not a minimum wage. We need to support those companies that are paying a living wage even if that means paying more.
You should move to the U.S. There are 22 million millionaires in the United States, and 127 million households. That's one millionaire per 5.7 households.
Yeah the old ‘Trickle Down’ Economics.
It ‘Trickles Down-Town’ to Wall Street, & into the pockets of other Billionaires.
Biggest scam ever started by the Reagan Administration.
(But he was sooo folksy & charming, so he couldn’t be the bad guy!) Ffs 🙄
It never trickles down. Those trillions of dollars sit useless in bank accounts making more useless money. The wealth, locked away, does nothing purposeful in the economy, it is useless for humanity. Billionaires contribute very little to this world.
Plus, earned income on investments and interest is taxed at a lower rate than income from work. It’s almost like there’s a higher value placed on passive income vs. non-passive income. Hmmm.🤔
Bosses think they do us a service by giving us Jobs. We are the ones selling our finite resource of time to them for a cost. It wouldn’t be they will pay you at most 7.25 and more is my time worth what they are offering for it. If we didn’t work for them their companies would fail.
The rich will tell you it is because they are intelligent. The reality is they are 100% pathological liars. A lie lie lie and then back up their lives with more lies upon lies and then lie again and that's how they steal from everyone by lying the lying liars.
That's why we all need to see where we are spending every dollar. Target took 1 mth of boycotting to walk back, and i still don't think that's working. Our power is every dollar we spend and where we spend it. Remember, you're the boss. Without your cash, they have nothing. It's our safest power
After the Great depression the New Deal and social safety nets were implemented, there was about 30 years of prosperity for folks, then they started busting unions and lowering the top tax rate. This accelerated dramatically under Reagan. They've been trying to push us back to where we are now since
When the world started to make money 💰 “Greed is good” and “Lifestyles of the rich & famous” convinced the avg. person that building wealth was a lottery.
The trickle down and stock buy-backs and tax cuts and offshore accts and…
I don't expect anything from the amoral, rich bastards except to leave the rest of us alone, quit stealing from us, and let us live in peace. They can't even do that.
We all understand if the money was distributed ‘more’ evenly costs would be much higher. If we all made 10x as much, bread would be 10x higher. Sometimes people understand when production and cost are nil through automation that’s good, but, “They’ll call me socialist or commie!”
What a controlling abusive spouse will do? Isolate you blame you threaten you bankrupt you weaken you. The orange clown is a schizophrenic cruel lying Russian asset with bipolar disorder. Stop allowing him his families and enablers to ABUSE you. Resist. Push back. Pay no tax until it’s fixed.
1970 ask the right question to learn reasons.
1970 what occurred?
Nixon in power controlled by GOP tariffs implemented caused non compliance and economic damage with bank rates at 20% for typical home loan
20% down was minimum down payment
14% rate was best available rate in 1980
25% home loans 1970
We can all increase our wealth by not spending as much. It will not be a huge increase in wealth for the average Joe, but if all do it, that would be a huge decrease in wealth for the top 1%. The pattern works in reverse too.
There is a point where wealth is nothing but a score card so billionaires can say how much smarter they are compared to other billionaires. No way Musk or Bezos or there families will ever run out of money, yet they still insist on exorbitant compensation packages. Trickle that wealth like the claim
Comments
You have to be poor to work 😁
Appropriately named.
We get a trickle.
Renovation, optimization.
Reappraisal of history.
Optimization of the education system.
Without this we will perish in climate change.
After we have beaten each other's heads in and destroyed everything because of criminal neo-Nazis.
If we could round up and capture all these assholes trying to destroy democracy, seize their assets, then we could redistribute ill gotten gains to give much needed relief to the neediest.
We must #STOP_Dark_MAGA NOW!
https://youtu.be/5RpPTRcz1no?feature=shared
https://en.wikipedia.org/wiki/Trickle-down_economics
if we get back to stable in gov't, we work for GOOD governance
We have absolutely no influence on anything.
Her insane economic 'thinking' paved the way for today's shitshow right across the developed world.
We will end up owning nothing and being grateful to them at every juncture, fuck that for a game of soldiers.
Gary Stevenson, author & ex UK Citibank trader, likens it literally to black hole, all consuming.
He's on here:
https://garyseconomics.bsky.social
A bank book and a rule book.
The thicker one of them becomes the thinner the other one will be.
The rapist and the nazi's rule books are blank, whereas I use mine as a stool to reach those hard to get to shelves in the top cupboard.
Just sayin'
This is the greatest point I have seen today... and probably for weeks.
We're being confused, disoriented, and frightened. This is distracting and makes it harder for us to create a united front.
NO ONE won the election.
No vote 37.7%
Trump 31.6%
Kamala 30.7%
Feeling disenfranchised?
It's real.
https://www.4thbranch.us
It ‘Trickles Down-Town’ to Wall Street, & into the pockets of other Billionaires.
Biggest scam ever started by the Reagan Administration.
(But he was sooo folksy & charming, so he couldn’t be the bad guy!) Ffs 🙄
A billionaire pours champagne (metaphorical money) into the top glass.
There's a Syphon pipe running from there to the nearest tax haven in the Caribbean or Seychelles etc.
That's it.
https://youtu.be/18Tsv9gQph0?si=q6k-EqaW6lCPSknJ
The trickle down and stock buy-backs and tax cuts and offshore accts and…
You would reach more people, when you add a good description into the Alt-text field.
That is pretty easy, especially, when your image just contain text.
This way, you support visually impaired people and everyone else, who rely on a good filled Alt-text.
#accessibility
Truly Disappointing to see wealthy adults behave so immorally knowing there are easy options to help their fellow Americans💰📨
2020.elizabethwarren.com/toolkit/umt
Look at these sites/apps and see who you're supporting. See who’s against campaign finance reform.
STOP SUPPORTING THE PLUTOCRACY
STOP FUNDING YOUR OPPRESSORS
https://www.goodsuniteus.com/
Also, check on https://www.opensecrets.org/
https://www.goodsuniteus.com/2022/05/16/the-top-25-companies-responsible-for-turning-the-supreme-court-conservative/
Listen to Bernie, who is still fighting and absolutely killing it for America at age 83. This speech is one for the ages. Thank you, Bernie.
https://www.youtube.com/watch?v=Vhdih6WXTEc
We need more Al Greens. Period. End of story.
And what's to lose? We're already completely cooked.
We aloud the rich to get away with it without a General Strike. I've been calling for one since 2015!
STRIKE!
https://www.marketwatch.com/story/is-the-white-house-trying-to-engineer-a-recession-this-wall-street-pro-explains-the-vision-fb3b4106
1970 what occurred?
Nixon in power controlled by GOP tariffs implemented caused non compliance and economic damage with bank rates at 20% for typical home loan
20% down was minimum down payment
14% rate was best available rate in 1980
25% home loans 1970
(But yea you're being robbed)🤗