Wealth of richest 1% 'equal to other 99%'

[Aruntraveller]

Don't be fooled by it. What we have is a neo-liberal grab all.

I don't think people are necessarily disagreeing with your assessment - just the cure you are proposing.

[Nearly Sane]

Ah yes! Because under the current system they're so much beter off, which is why the gap has increased rather than decreased, I assume? We do not have an economic system which enables the poor to exit poverty but one which guves greater profit to mutlinational corporations and thrir shareholders at the expense of the poor. Don't be fooled by it. What we have is a neo-liberal grab all.

So why will a depression help the poor? You have an incredibly simplistic way of looking at this if you think that not wanting a full scale depression equals a support for untrammeled capitalism.the current system in a global context has seen improvements in living standards for billions. As already noted, the figures used in the link in the OP are not indicative of what is being claimed.

The idea that protectionism will somehow work while it is constantly undermined by technology was laughable a century ago. In part it is the hangover of that type of attitude which continues to haunt the current approach in that we use the language of anti regulation to back up incredibly large subsidies for areas such as fossil fuel energy.

[ad_orientem]

I don't think people are necessarily disagreeing with your assessment - just the cure you are proposing.

It's the only way. Anything else is an implicit thumbs up to the status quo. Without the system crashing down they're far too powerful to force change upon them.

[Leonard James]

As I asked Trent, how do we do this?

I really don't know! I'm not a financial expert, but taxing high incomes and properties seems the right way to go. As I have already observed, human nature will resist giving up what it has, and injustice and poverty have always been with us.

The selfish rich will always find a way round legislation, and we can only keep trying to close the loopholes.

[Nearly Sane]

It's the only way. Anything else is an implicit thumbs up to the status quo. Without the system crashing down they're far too powerful to force change upon them.

And this new system which magically arise?

[jakswan]

I think inequalities are inevitable. We are never going to have a situation where everyone in the world owns a suburban 4 bedroom home, two cars and drives around on holidays with his wife, two kids and a dog. 

Extreme poverty and starvation can perhaps be eradicated with some effort....but there are always going to be the wealthy 1 or 2 % and the rest 99 or 98% (with of course a large gradient among them). 

Relative all the humans tat have ever lived most people in the West are mega rich.

We must also remember that it is the top people who generate the wealth that gets distributed among the rest.

Bullshit.

[ad_orientem]

And this new system which magically arise?

What exactly, who can tell, but an end to the Rothchild's & Co and their legalised brand of extortion which is usury, a system which keeps those in poverty poor.

[Shaker]

What exactly, who can tell, but an end to the Rothchild's & Co and their legalised brand of extortion which is usury, a system which keeps those in poverty poor.

Jewish name, inevitably.

Obvious anti-Semite is obvious.

[Nearly Sane]

What exactly, who can tell, but an end to the Rothchild's & Co and their legalised brand of extortion which is usury, a system which keeps those in poverty poor.

Just spunked over your copy of the Protocols of the Elders of Zion, I take it?

[ad_orientem]

Oh dear! It's a condemnation of a system of kerping the poor poor by lendng them money at excesive interest. There's a reason why the Church banned it for most of it's history. It's immoral.

[Shaker]

Oh dear! It's a condemnation of a system of kerping the poor poor by lendng them money at excesive interest. There's a reason why the Church banned it for most of it's history. It's immoral.

So the so-called Rothschild 'connection' in your post was purely accidental. Riiiiiiiiight.

[ad_orientem]

So the so-called Rothschild 'connection' in your post was purely accidental. Riiiiiiiiight.

No, it was quite deliberate as the name is synonymous with banking and the powerful elite.

[Nearly Sane]

Oh dear! It's a condemnation of a system of kerping the poor poor by lendng them money at excesive interest. There's a reason why the Church banned it for most of it's history. It's immoral.

So when it was banned people would have gotten richer quicker. Nothing wrong with that statement other than being factually wrong.

[Nearly Sane]

No, it was quite deliberate as the name is synonymous with banking and the powerful elite.

And anti-Semitism.

[Shaker]

No, it was quite deliberate as the name is synonymous with banking and the powerful elite.

Likewise HSBC, the NYSE, Warren Buffett and Bill Gates but you didn't mention them.

[Gonnagle]

Dear Forum,

A few notes from the Jeremy Vine show on the subject ( actually Vanessa Phelps is hosting, never had much time for that lady, maybe because she is Jewish )

High profit margins low wages.

Seems that Bill Gates is not such a Saint, he has wonderful tax lawyers who makes sure he avoids the usual tax laws.

One guy from some kind of think tank say, there is no legislation to police how the rich give their money away ( something like that ) actually I may have misheard that bit.

One caller suggests that the like of Branson, Dyson have a duty of care to the people they employ, if a company is doing well surely the employees, all employees should benefit, or is that to simplistic.

Gonnagle.

[ad_orientem]

And anti-Semitism.

Whatever. They're off limits because they're Jewish. I get it. Any criticism of the immoral practices the epitomise is "anti-semitic". They must love you.

[Shaker]

Whatever.

Stunning response there. Must have taken, well, seconds.

[Aruntraveller]

Whatever. They're off limits because they're Jewish. I get it. Any criticism of the immoral practices the epitomise is "anti-semitic". They must love you.

No they are not off limits - it's just that plenty of other people (non-Jewish) do exactly the same thing. Therefore some people think it indicative of a certain mindset that you choose to name a Jew first and foremost.

However I give you this:

Do the Wall Street shuffle
 Hear the money rustle
 Watch the greenbacks tumble
 Feel the Sterling crumble
 You need a yen to make a mark
 If you wanna make money
 You need the luck to make a buck
 If you wanna be Getty, Rothschild
 You've gotta be cool on Wall Street
 You've gotta be cool on Wall Street

I may be wrong but I don't think 10CC were anti-semitic.

[Nearly Sane]

Whatever. They're off limits because they're Jewish. I get it. Any criticism of the immoral practices the epitomise is "anti-semitic". They must love you.

No, using them as a dog whistle call to cover that you mean Jewish is anti semitic. Who are these 'they' that you are talking about?

[ad_orientem]

The neo-libs must love you guys. They have you eating out of their hands. That, or you're just having a bubble bath.

[Shaker]

The neo-libs must love you guys. They have you eating out of their hands. That, or you're just having a bubble bath.

No (and the phrase is "having a giraffe." But anyway). Trent and NS are correctly identifying the anti-Semitism at work in your choice of a Jewish name when other and in fact vastly more non-Jewish individuals and companies are engaged in what you decry.

We already know that you're the sort of basement-onanistic swivel-eyed conspiracy crank who believes in a secret international cabal of Americans, Jews and Muslims causing all the world's woes, so there's form to say the very least.

[Nearly Sane]

Dear Forum,

A few notes from the Jeremy Vine show on the subject ( actually Vanessa Phelps is hosting, never had much time for that lady, maybe because she is Jewish )


Gonnagle.

Just to note that I thought that your satire reminds me of something, and then I realised it was the Charlie Hedbo cartoon.

[ad_orientem]

No (and the phrase is "having a giraffe." But anyway). Trent and NS are correctly identifying the anti-Semitism at work in your choice of a Jewish name when other and in fact vastly more non-Jewish individuals and companies are engaged in what you decry.

We already know that you're the sort of basement-onanistic swivel-eyed conspiracy crank who believes in a secret international cabal of Americans, Jews and Muslims causing all the world's woes, so there's form to say the very least.

It's most definitely "bubble bath" though there are other variations. I was born and for a while bred in the East End. I know my stuff. http://www.cockneyrhymingslang.co.uk/slang/bubble_bath_1

As for the second part, I never have been a conspiracy theorist and therefore I do not believe in any outright organised conspiracy but there are definitely forces at work, hyper-capitalist, anti-Christian and anti-European.

[Gonnagle]

Dear Shaker,

Actually the  colloquialism "having a Giraffe" is the modern version of "having a bubble bath".

Strange the advert I am looking at on this forum is for ladies wigs "syrup of figs"

Gonnagle.