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"De-Fault Is Ours"


Society & Culture  (tags: abuse, americans, culture, dishonesty, education, freedoms, government, politics, rights, society, violence, women )

Kit
- 1066 days ago - tomdispatch.com
Here's the financial overview: the top 1% of Americans now take in more than 25% of the nation's income and control at least 40% of its wealth. (A quarter of a century ago, the figures were 12% and 33%.) To make it into that top 1%, according -->



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Comments

Elle B. (82)
Tuesday November 29, 2011, 11:16 am
Thank-you Kit. I still believe there are enough citizens that want to save our faltering democracy that we should do an in your face "opt-in" move and those of us who are willing at all income levels volunteer for a revenue tax hike. Start at ten dollars a month and up on a sliding scale. It would create a sense of community, genuine pride, and show the greedy how it's done. Just opt in on tax returns with a check in a box. It could be designated for Health, Education and Welfare initially. People like so-called Capital Campaigns for everything but saving our own country...well that is just silly and stupid...the multitudes need to snap out of the Marketing Mania stupor. I think we should expand the effort beyond rejuvinating revenue to establishing societal trusts and co-ops and networks for everything from schools to auto-coverage. WE HAVE THE RIGHT TO SAVE OUR DEMOCRACY. It's just the same old goofball leftovers from the Roman Empire with a big need for greed...That is the real Beast that needs to be starved.
 

Val R. (246)
Tuesday November 29, 2011, 3:42 pm
Elle - would love to starve that Beast - and I still have hopes of starving the elitists - but money seems to rule us so will be hard - OWS is a start and we need to continue to do all we can -
 

Past Member (0)
Tuesday November 29, 2011, 5:21 pm
I think many of our leaders went to Washington with the nobel intent to save our nation,.

Who brainwashed them?

Saying "money" is a false cliche. Most of them had plenty of money.

I think there is an outrside force brainwashing our leaders.

I know there has been much governmental work in different countries on psychic abilities. I know such things exist.

Most of us, not all, believe in something: positive thinking, psychic power, God, something or other. I think we need to project whatever we believe in to the healing and protection of our leader's minds and intelligence.

Are they manipulated? Who is doing it?

I read or was it a video that muslims, as they progress, are taught psychic powers. Yet, muslims are not the only ones. Let's not put blame where perhaps it should not be placed.

But something, other worldly, is going on!!!
 

Sue Matheson (72)
Tuesday November 29, 2011, 5:45 pm
thanks.
 

Eric Gilmartin (361)
Tuesday November 29, 2011, 5:53 pm
We simply MUST tax the richest citizens amongst us,and if they still pretend to care about saving our fragile democracy, they MUST pay up, in full. The Bush tax cuts for his super-wealthy base are scheduled to end on Dec. 31, and they MUST do so.
 

Terry King (109)
Tuesday November 29, 2011, 6:17 pm
Excuse me.... I have to eat a bullet now! Toddlers for food is screaming through my brain!
 

Dandelion G. (383)
Tuesday November 29, 2011, 8:02 pm
We still don't have enough people willing to stand outside now and again. We still do not have enough people angry enough to make the changes needed. Not sure what type of bottom we have to hit, but yes, at least OWS is a start, but we need more to join. If you are not sure where there is a local Occpy Movement near you please go to this link.
OCCUPY TOGETHER
 

patricia lasek (317)
Wednesday November 30, 2011, 5:27 am
People were asleep for too long and kept electing career politicians who cared about nothing but their own bank accounts. Let's hope it's not too late.
 

Past Member (0)
Wednesday November 30, 2011, 12:05 pm
And De-greed is theirs, TU Kit
 

monka blanke (83)
Wednesday November 30, 2011, 1:37 pm
Let's Tax the rich; see what happens.
 

Mary Donnelly (47)
Wednesday November 30, 2011, 4:38 pm
Thanks Kit.
 

William K. (308)
Wednesday November 30, 2011, 8:21 pm
The idea of the Jonathon Swift-esque protest is amusing, but I do not want to even to pretend to offer a surrender to these soulless thugs, They will take it and run, like they always do with everything.
 

Susanne R. (249)
Wednesday November 30, 2011, 9:51 pm
Regarding: "Foreclosures on houses with delinquent mortgages have doubled since 2010, with housing prices expected to drop another 10% before stabilizing. Meanwhile, the executives of government-backed mortgage giants Fannie Mae and Freddie Mac, institutions bailed out by taxpayers to the tune of $169 billion, are offering next to no significant relief to mortgage-holders in trouble. For such “work,” the top six executives of the two outfits raked in “$35 million in compensation, including millions in bonuses.”

Who else but Wall Street CEO's and top-ranking managers would be rewarded for creating such a disaster! On the flip-side (no pun intended), some poor cook flipping burgers at McDonald's could be fired for wasting a burger by dropping it on the floor --if they actually threw it away, that is.
 

Lilith Cohen (202)
Thursday December 1, 2011, 5:42 am
Warren Buffett, in a recent interview with CNBC, offers one of the
best quotes about the debt ceiling:

"I could end the deficit in 5 minutes," he told CNBC. "You just pass a
law that says that anytime there is a deficit of more than 3% of
GDP, all sitting members of Congress are ineligible for re-election.
 

Kit B. (276)
Thursday December 1, 2011, 7:15 am

Getting back to the article:

"As for wealth in this country, from 2005 to 2009, median wealth among Hispanics fell 66% to $6,235, among African-Americans, 53% to $5,677, and among whites, 16%, to $113,149. These figures represent the largest wealth disparities in the quarter century the Census Bureau has been collecting data on the subject. As for income, between 1979 and 2007, according to a recent report from the Congressional Budget Office, the after-tax earnings of the top 1% of Americans grew by 275%, while those of the bottom 20% rose by only 18%. Meanwhile, American corporations are sitting on “record amounts of cash,” even as job-creation has been next to nil, capital investment in new plants and infrastructure stagnates, and companies are happy to invest their multi billions instead in stock-buyback deals.

Here’s the financial overview: the top 1% of Americans now take in more than 25% of the nation’s income and control at least 40% of its wealth. (A quarter of a century ago, the figures were 12% and 33%.)"

If we began a change in thinking that elected not those from the wealthy class, rather people from mid-incomes that live a normal life of the community; we might just get elect people who have a better understanding of their own communities. If people had jobs the deficit is going to be reduced. Along with the needed tax revenue from the wealthy who are not showing much in the way of being "job creators" unless of course one considers the jobs they offer to illegal immigrants to clean their homes and mow their lawns.

Of course the multinational, mega-corporations do create jobs - just not in America.
 

Lilith Cohen (202)
Thursday December 1, 2011, 7:29 am
So, increased taxes for the wealthy. Is that going to solve the wealth inequity problem? Nope!
 

Past Member (0)
Thursday December 1, 2011, 8:43 pm
thank you
 

Holly Lawrence (473)
Friday December 2, 2011, 4:25 pm
I'm not surprised..just sad...;(
 
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