Libor...WTF?

[EnderJE]

What the fuck?

http://www.nytimes.com/2012/07/06/b...r-is-called-into-question.html?pagewanted=all

 

[-SD-]

 

[Headholio]

Give a little more power to the rich and this kind of shit will not even be detectable. They will manipulate everything to suck all the wealth out of America and leave us with nothing. Interest rates, bank account balances, voting machine tallys, etc. You want to believe that all the money in the hands a few people is good because they are "job creators"?

 

[Ffactor]

Disturbing! Events like this leads to more govrnment regulations.

 

[Jack steel]

Give a little more power to the rich and this kind of shit will not even be detectable. They will manipulate everything to suck all the wealth out of America and leave us with nothing. Interest rates, bank account balances, voting machine tallys, etc. You want to believe that all the money in the hands a few people is good because they are "job creators"?

So you want to take their money, is that it, robin hood?

 

[-SD-]

Dont question. Dont you ever question.

Obey.

 

[Headholio]

So you want to take their money, is that it, robin hood?

I want a distribution of wealth closer to what we had before the 80s trickle down disaster that shifted all the wealth and power to a few people. There are 400 Americans that have more money than half the countrys combined net worth. Its not good for America. And it's not the free market when a few people have so much power they manipulate markets, as was the case in the subject of this thread.
We currently are living under an oligarchy. If we don't do more to favor the growth of middle class incomes, we will sink into a third world model, where we have the royalty and the peasants and nothing in between.
It's not socialism or "Robin Hood" tax money the way it was taxed between the great depression and the Reagan years. The highest tax bracket was always in the 60 to 90 percent range and that worked for America. In fact America grew to be the most successful nation on earth under those tax conditions.
The wealthy take the land and resources belonging to "we the people" to enrich themselves. I have no problem taxing them for the benefits they have received. I'm no cucksucker for the rich, how about you?

-40% of Americans have less than 1% of all the wealth
-Income growth for the top 1% has been exponential in the last 30 years, while it has been nearly flat for the rest of America.
-The top 1% has 40% of all the net worth of the country.
-In the 60's, a corporate CEO made about 30 times the salary of one of his workers. Since 2000, CEO's make 350 to 550 times the salary of an average worker.
-Private Equity and hedge fund managers make 16000 times the salary of an average worker, over 600 Million per year in 2006.

I don't care what party you like, those stats are not representative of the America our founding fathers envisioned. There are 2 simple choices. Let the trends continue or make policy changes to bring us back to a better America.

Watch that George Carlin Video. He nailed it.

 

[75th]

I want a distribution of wealth closer to what we had before the 80s trickle down disaster that shifted all the wealth and power to a few people. There are 400 Americans that have more money than half the countrys combined net worth. Its not good for America. And it's not the free market when a few people have so much power they manipulate markets, as was the case in the subject of this thread.
We currently are living under an oligarchy. If we don't do more to favor the growth of middle class incomes, we will sink into a third world model, where we have the royalty and the peasants and nothing in between.
It's not socialism or "Robin Hood" tax money the way it was taxed between the great depression and the Reagan years. The highest tax bracket was always in the 60 to 90 percent range and that worked for America. In fact America grew to be the most successful nation on earth under those tax conditions.
The wealthy take the land and resources belonging to "we the people" to enrich themselves. I have no problem taxing them for the benefits they have received. I'm no cucksucker for the rich, how about you?

-40% of Americans have less than 1% of all the wealth
-Income growth for the top 1% has been exponential in the last 30 years, while it has been nearly flat for the rest of America.
-The top 1% has 40% of all the net worth of the country.
-In the 60's, a corporate CEO made about 30 times the salary of one of his workers. Since 2000, CEO's make 350 to 550 times the salary of an average worker.
-Private Equity and hedge fund managers make 16000 times the salary of an average worker, over 600 Million per year in 2006.

I don't care what party you like, those stats are not representative of the America our founding fathers envisioned. There are 2 simple choices. Let the trends continue or make policy changes to bring us back to a better America.

Watch that George Carlin Video. He nailed it.

Anyone not in that category is too lazy to get there, obviously. Or they are minorities or ferriners.

 

[EnderJE]

Anyone not in that category is too lazy to get there, obviously. Or they are minorities or ferriners.

I'm always surprised that there isn't more murder of the rich and powerful.

The poor have numbers and their hate. With a little bit of organization, they can take it all and level the field.

 

[digimon7068]

I want a distribution of wealth closer to what we had before the 80s trickle down disaster that shifted all the wealth and power to a few people. There are 400 Americans that have more money than half the countrys combined net worth. Its not good for America. And it's not the free market when a few people have so much power they manipulate markets, as was the case in the subject of this thread.
We currently are living under an oligarchy. If we don't do more to favor the growth of middle class incomes, we will sink into a third world model, where we have the royalty and the peasants and nothing in between.
It's not socialism or "Robin Hood" tax money the way it was taxed between the great depression and the Reagan years. The highest tax bracket was always in the 60 to 90 percent range and that worked for America. In fact America grew to be the most successful nation on earth under those tax conditions.
The wealthy take the land and resources belonging to "we the people" to enrich themselves. I have no problem taxing them for the benefits they have received. I'm no cucksucker for the rich, how about you?

-40% of Americans have less than 1% of all the wealth
-Income growth for the top 1% has been exponential in the last 30 years, while it has been nearly flat for the rest of America.
-The top 1% has 40% of all the net worth of the country.
-In the 60's, a corporate CEO made about 30 times the salary of one of his workers. Since 2000, CEO's make 350 to 550 times the salary of an average worker.
-Private Equity and hedge fund managers make 16000 times the salary of an average worker, over 600 Million per year in 2006.

I don't care what party you like, those stats are not representative of the America our founding fathers envisioned. There are 2 simple choices. Let the trends continue or make policy changes to bring us back to a better America.

Watch that George Carlin Video. He nailed it.

i live in a small town and i have lots of clients that are in the upper 5% of household incomes...and most of them are desperately looking to hire people right now too but they can't because obama keeps extending unemployment and no one wants to go back to work...the unemployment statistics are significantly skewed.