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How the Super-Rich Are Abandoning America

Society & Culture  (tags: usa, culture, ethics, politics, society, wealth, trickle down, taxes, off shore havens, middle class )

- 1776 days ago -
As they accumulate more and more wealth, the very rich have less need for society. At the same time, they've convinced themselves that they made it on their own, and that contributing to societal needs is unfair to them.


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Lynn Squance (235)
Saturday November 9, 2013, 10:08 pm
"Bernard Marcus, co-founder of Home Depot and member of the Forbes 400, had this to say about any American who might object to all the greed: "Who gives a crap about some imbecile?""

I guess that just about says it all as far as the wealthy's attitude. Can't get much clearer. I hope that these boneheads know that come the revolution. money burns and does not stop bullets.

Patricia H. (440)
Sunday November 10, 2013, 2:18 am
noted, thanks Lynn

Edwin M (346)
Sunday November 10, 2013, 2:32 am
To quote George Santayana "Those who cannot remember the past are condemned to repeat it." When the wealthy choose to demean and treat those less fortunate than themselves as some sort of pariah history has shown us that these are the seeds of revolution.

Autumn S (151)
Sunday November 10, 2013, 2:54 am
thanks, Lynn

Roseann d (178)
Sunday November 10, 2013, 4:10 am
Let em go. Good riddens to bad rubbish. Don't let the door hit ya on the *ss on the way out. I wish they'd get off the planet as well since they have already abandoned it in many ways.

James Maynard (84)
Sunday November 10, 2013, 7:12 am
Pretty sad when you lose sight of where
you came from and who helped you to
get there........just for starters........don't
make me pull out my soapbox!! :)

Kit B (276)
Sunday November 10, 2013, 8:09 am

It would be so wonderful if each event that repeats does in the same way so that all would recognize that we have been here before. Unfortunately, that is not what happens, these things come again and again because people do see through the intentional haze.

Syd H (48)
Sunday November 10, 2013, 9:37 am

All the more reason to stay the heck away from Home Depot. I choose a local hardware store over them. First it's easier and second the people in the hardware actually know what's in their stores. But, also I want none of my money supporting what goes against me.

SuSanne P (193)
Sunday November 10, 2013, 12:01 pm
Thank you Lynn as much as this disgusts me. Once again I have to reiterate..

"An Apt Summary?
Bernard Marcus, co-founder of Home Depot and member of the Forbes 400, had this to say about any American who might object to all the greed: "Who gives a crap about some imbecile?""
Thanks to Edwin post " George Santayana "Those who cannot remember the past are condemned to repeat it."
Thanks to Kit's post,
Kit B. (280)
Sunday November 10, 2013, 8:09 am
"It would be so wonderful if each event that repeats does in the same way so that all would recognize that we have been here before. Unfortunately, that is not what happens, these things come again and again because people do see through the intentional haze."


Athena F (131)
Sunday November 10, 2013, 2:43 pm
Thank you

JL A (281)
Sunday November 10, 2013, 3:42 pm
If POTUS and Congress hadn't acted, the great recession of 2008 would have become a second great depression like in 1929--we returned to prosperity because greed was controlled with a sharing of economic gains with those who did the work (not just the financiers) so all levels of income had increased incomes and buying power--the fundamental social contract required for capitalism to function.

Jae A (316)
Sunday November 10, 2013, 3:53 pm
Reality is that 40% of the nations wealth is in the hands of the top 1%...leaving most of the rest to less wealthy who are still in the top ten % far above... ''middle class, which stats are showing are just barely get'n by............Below them the charts barely show any cash flow what so ever. Pethetic, but as Dubya Bush stated some time ago...their "Mission' had been 'accomplished. Now that reality, and that these folks are abandoning our nations economy for sake of their personal greed,and that is the reality the rest of us must face...before anything can be done to change that direction of greed and anti American economy that thesuper rich are so proud of being a part of currently..

Scott haakon (4)
Sunday November 10, 2013, 4:05 pm
What the elite want is a oligarchy. The foolish will fight for the scraps.

S J (130)
Sunday November 10, 2013, 4:25 pm
I think you may invite them not to leave America. I can see how disappointed you are for unable to tax the fat cats, but I have an idea: you can plan to rob them (since they always rob you), I m serious, to me 'tax' is a way to rob 'legally'. I can't see any difference between tax bureau to Robin Hood, apart from 'legally' and illegally'.

Thanks Lynn, I really enjoy reading :)

. (0)
Sunday November 10, 2013, 10:57 pm
nothing new, the super rich have always maintained yachts, alternate homes in the tropics, Europe, they've done it for centuries

Past Member (0)
Monday November 11, 2013, 4:26 am
Noted Thanks

Nancy M (168)
Monday November 11, 2013, 5:58 am
Less need for society? Doubt it.

Let them all leave America and never come back. Take away there passports and put them out to sea.

Joanne D (38)
Monday November 11, 2013, 11:25 am
Everyone, rich or not, tends to attribute negative things to bad luck and positive things to one's own efforts. And it's not that easy to see connections always. Someone this weekend posted she had never attended public school and had received no benefits from public education. I don't want to put this person down as she actually seems thoughtful and intelligent, but you know you don't have to attend public school to have received benefits from it. Your doctor, your lawyer, your Congresspersons, the clerks in the market and other stores, the cable guy, the people at the electric utility and/or the gas company and/or the water company, the mayor, employees of amazon and other internet stores - the vast majority of these people did attend and learn from the public school system, and how could anyone function without them? You all can probably think of other eamples, and Lynn, you may have slightly different ones as some of mine are US-specific. Your veterinarian if you have a pet. The other vets, those from the Armed Forces, whom we jonor today. On and on.

Roger G (148)
Monday November 11, 2013, 12:34 pm
noted, thanks

Noni Pavlik (0)
Monday November 11, 2013, 12:34 pm
I knew someone would blame George Bush! Everyone is accountable for themselves.

Lois Jordan (63)
Monday November 11, 2013, 12:50 pm
Noted. Thanks, Lynn. Now, here's an article that definitely needs to be widely shared. I just can't comprehend the thinking of those who defend the wealthiest....apparently the media brainwashing has worked well on them. I also can't understand why we're still not making an effort at raising the taxes of these soul-less, greedy, miserable Scrooges.....while they continue to insist on chained CPI, significant reductions in SNAP, & more and more billions for the war industry.

Birgit W (160)
Monday November 11, 2013, 2:55 pm
Noted, thanks.

SusanAWAY A (219)
Monday November 11, 2013, 3:50 pm
Does this surprise anyone anywhere really? America would be better off if the extremely wealthy just left and let America get back to the business of creating jobs and taking care of one another. If the wealthy don't want to support all Americans by paying their fair share and "trickling" their wealth down like they claim they do, then they should just get the hell out of the USA.

Bryna Pizzo (139)
Monday November 11, 2013, 9:13 pm
Thank you for helping to enlighten the public. (n, p, t)

reft h (66)
Monday November 11, 2013, 10:51 pm
trickle down theory - someone seems to be turning off the tap

Gene Jacobson (290)
Tuesday November 12, 2013, 12:17 pm
"Many of the beneficiaries of American research and technology have abandoned their country because of taxes. Like multinational companies that rationalize the move by claiming to be citizens of the world, almost 2,000 Americans, and perhaps up to 8,000, have left their responsibilities behind for more favorable tax climates."

It's all of that and this. I read a story a while back, don't recall where, about the new global elite. Sort of the 1% of the 1%, though it may be far more than that. People who really don't have a permanent home in any country, rather they have 3 or 4 in different countries and spend their time flitting amongst them. We live in a global society, these are the people who own the multinational companies that truly have no roots in any one place, they pay their taxes, if they pay any, wherever they get the best rate, but they owe no allegiance to any one society, they live in rarified air the rest of can onlly dream of. In a way, they are like the "Man With No Country" we read of in our history books, only these choose this life style and can afford it. They make me sick. But that's just a personal opinion.

P A (117)
Wednesday November 13, 2013, 2:13 am
Green stars all over the place - thanks for this Lynn. As Joanne Dixon said - even if people have had an entirely private education they still benefit from public education educating all the people that they need in the world (and probably never EVER think of!!). If these stinking rich didn't cause so much callous and deliberate misery, I would feel sorry for them - they have had their benefits and more in this life - the next one won't be so nice at all.
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