[identity profile] hardblue.livejournal.com posting in [community profile] politicartoons




"Let me give you the theme of the speech in three words: Middle class economics," top White House aide Dan Pfeiffer said Sunday on NBC's "Meet the Press."

Taking top billing will be the Robin Hood-style tax-and-spend plan Obama has rolled out in recent days.


-- CNN

Date: 2015-01-20 08:37 pm (UTC)
From: [identity profile] telemann.livejournal.com
Richest 1% to own more than rest of world according to a new report by the charity Oxfam.

BBC Business link. (http://www.bbc.com/news/business-30875633)

The charity's research shows that the share of the world's wealth owned by the richest 1% increased from 44% in 2009 to 48% last year.

On current trends, Oxfam says it expects the wealthiest 1% to own more than 50% of the world's wealth by 2016.

The research coincides with the start of the World Economic Forum in Davos.


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That means:

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Images are from NBC Nightly News coverage of this report, available here. (http://www.nbcnews.com/nightly-news/nightly-news-brian-williams-full-broadcast-january-19-n686)
Edited Date: 2015-01-20 08:39 pm (UTC)

Date: 2015-01-20 10:05 pm (UTC)
From: [identity profile] telemann.livejournal.com
If it didn't happen in the aftermath of the 2008 bubble bursting, I don't know what will cause a serious adjustment of the system; just look at what the House is trying to do to undermine the Dodd-Frank reforms.

Chris Rock thinks it hasn't happen (http://www.vulture.com/2014/11/chris-rock-frank-rich-in-conversation.html?mid=twitter_nymag) because a lot of people just don't know how well the super rich live.

Q: For all the current conversation about income inequality, class is still sort of the elephant in the room.

Chris Rock: Oh, people don’t even know. If poor people knew how rich rich people are, there would be riots in the streets. If the average person could see the Virgin Airlines first-class lounge, they’d go, “What? What? This is food, and it’s free, and they … what? Massage? Are you kidding me?”

And he has previously noted the differences in health care for rich and the poor with his own personal experience (his father dying and then subsequently, his mother's health care experiences).

http://www.thedailybeast.com/videos/2010/04/10/chris-rock-talks-health-care.html

Date: 2015-01-21 12:16 am (UTC)
From: [identity profile] madam-shapo.livejournal.com
Are you willing to put your life on the line?

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Date: 2015-01-21 01:53 am (UTC)
From: [identity profile] madscience.livejournal.com
Yup. It's hard to find data about how that wealth breaks down (currency vs. real property). But if the currency imbalance is anywhere near the overall wealth imbalance, just think about what would happen to the economy if the wealthy were to start spending all that money. They could essentially double the amount of currency in circulation overnight. Instant hyperinflation. This is what I mean when I say that the concentration of wealth is concealing hyperinflation. The US dollar is already super fucked. The only way to fix it is to cancel it and replace it with a new currency.

Date: 2015-01-22 08:14 am (UTC)
From: [identity profile] cardinalking.livejournal.com
Obama keeps fucking up again. He's a member of the rich elite and he's getting richer. His retirement has ties to communist People's Republic and he's just as big a socialist as Mao. Like Mao, Obama's a rich elitist sow. Only difference is Mao was a chronic masturbator.

Date: 2015-01-23 06:51 am (UTC)
From: [identity profile] moonshaz.livejournal.com
Couldn't have said it better myself!

Date: 2015-01-23 04:25 am (UTC)
From: [identity profile] new-wave-witch.livejournal.com
Hahaha holy shit, you're serious.

Date: 2015-01-23 05:29 am (UTC)
From: [identity profile] peristaltor.livejournal.com
And what, pray tell, is wrong with being a chronic masturbator?

Date: 2015-01-20 09:12 pm (UTC)
From: [identity profile] cindyanne1.livejournal.com
The only thing that worries me about these kinds of things is that people who earn upper-middle class income are lumped in with the mega-wealthy. People who earn too much to benefit from any sort of relief, but not enough to where paying more taxes or higher health insurance premiums or whatever else it is doesn't matter to them... it matters a lot and it makes a huge impact.

I'm hoping these types of taxes won't affect middle-class earners as much as I'm worried they will.

Date: 2015-01-20 10:43 pm (UTC)
From: [identity profile] cindyanne1.livejournal.com
A 500K floor would be acceptable to me. Hell, even a $250K floor would be.

Date: 2015-01-21 12:18 am (UTC)
From: [identity profile] madam-shapo.livejournal.com
So far, Obama's policies made rich richer and poor poorer. Anybody here really believes his bs "I care about middle class"?

Date: 2015-01-21 01:48 am (UTC)
From: [identity profile] telemann.livejournal.com
More than Mitt Romney's horse shit, that's for sure.

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Edited Date: 2015-01-21 01:49 am (UTC)

Date: 2015-01-21 02:53 am (UTC)
From: [identity profile] madam-shapo.livejournal.com
1. 70K for lousy teachers is too much.
2. Not concerned about very poor, because they are in safety net.
3. Who cares about Mitt? He can't do anything-remember he isn't the president.

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Date: 2015-01-22 08:19 am (UTC)
From: [identity profile] cardinalking.livejournal.com
Teachers only work part-time. Some of those "quotes" have limited accuracy. Mitt Romney made people go from the lower-class to the upper middle-class with his multi-billion-dollar private companies that gave hundreds of thousands jobs. Romney cared about the people. He just chose an intelligent asshole who did not know how to debate as his vice-presidential running mate. Romney was too nice to win the election. He could have exposed the shit on Osama Hussein, but the latter threw too much shit on the wall and on Romney to make stupid voters think he, Obama Hussein, actually gave a damn, when he's the laziest mother-fucker in government.

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Date: 2015-01-21 03:44 am (UTC)
From: [identity profile] moonshaz.livejournal.com
Yep, absolutely everything is Obama's fault, 100% of the time. It's not like Congress has anything to do with anything.

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EDITED TO ADD THE FOLLOWING

Also this:

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Edited Date: 2015-01-21 03:46 am (UTC)

Date: 2015-01-21 03:48 am (UTC)
From: [identity profile] madam-shapo.livejournal.com
For how long he had both the House and Senate?

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Date: 2015-01-22 08:20 am (UTC)
From: [identity profile] cardinalking.livejournal.com
While he insults, jabs, and calls the right-wingers, independents, and libertarians names, idiots, trouble-makers and problems? THEN Obama Hussein wants their help? He's a worthless mongrel cur.

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... but, but ...

Date: 2015-01-20 11:51 pm (UTC)
From: [identity profile] unnamed525.livejournal.com
It's socialism! It's outrageous!

Date: 2015-01-20 11:51 pm (UTC)
From: [identity profile] unnamed525.livejournal.com
Tax-and-spend!

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