Forum Post: How the money flows upward
Posted 12 years ago on Oct. 13, 2011, 2:13 p.m. EST by GaceBrule
(2)
This content is user submitted and not an official statement
1) When you buy a product, you are also paying for advertisement. It's equivalent to a hidden tax. Most people have no idea how much of the money paid for a product pays for advertisement. That amount depends on the medium of advertisement. The TV networks charge a lot. It's not necessary to go through their books to find that out. That's how their executives and employees can make so much money. For examples, go to http://nymag.com/guides/salary/14497/. (The year is 2005. Most likely salaries have increased since then. According to http://wiki.answers.com/Q/Brian_Williams_paid_salary, Brian Williams salary is now $10 million; up from $4 million in 2005. Did he really need that raise?) Where does all that money come from?
2) Some of the money paid for a product pays management fees, from multimillion dollar a year CEOs, to their appointed board members who grant them raises and receive raises for their kindness; down the line.
3) We all know tickets to sports events and concerts have skyrocketed in the past 50 years. It's because of the above.
4) In order to pay for all the products the people wanted, they resorted to credit cards, which charge exorbitant interests and fees and they also charge businesses fees for using their services. The private debt is huge because of this and it's going to take a long time for people to pay down their debts and feel comfortable spending again.
5) The cost of health care is too high because of the above. Hospitals are strictly business now. Insurance rates are high because malpractice insurance health care providers have to pay and the above. Insurance companies have to pay a lot to advertise also. An example of great profits an insurance company can make is Nationwide's Nationwide Arena. Where did the money to build that arena come from?
Agreed, but what we most immediately need is a comprehensive strategy, and related candidate, that implements all our demands at the same time, and although I'm all in favor of taking down today's ineffective and inefficient Top 10% Management System of Business & Government, there's only one way to do it – by fighting bankers as bankers ourselves at $500 apiece. Consequently, I have posted a 1-page Summary of the Strategic Legal Policies, Organizational Operating Structures, and Tactical Investment Procedures necessary to do this at:
http://getsatisfaction.com/americanselect/topics/on_strategic_legal_policy_organizational_operational_structures_tactical_investment_procedures
Join
http://finance.groups.yahoo.com/group/StrategicInternationalSystems/
if you want to be 1 of 100,000 people needed to support a Presidential Candidate – such as myself or another you'd like to draft – at AmericansElect.org in support of the above bank-focused platform.
I was told my post was too long so I should finish it here. We don't need regulations for this. Congress should just levy a large enough tax on all those millionaires. To anyone who took an oath not to raise taxes:
Article I, Section 8: "The Congress shall have power to lay and collect taxes, duties, imposts and excises, to pay the debts and provide for the common defense and general welfare of the United States; ..."
That makes a conflict of interest. Is your allegiance to Grover Norquist or is it to the U.S. Constitution?
I was told my post was too long so I should finish it here. We don't need regulations for this. Congress should just levy a large enough tax on all those millionaires. To anyone who took an oath not to raise taxes:
Article I, Section 8: "The Congress shall have power to lay and collect taxes, duties, imposts and excises, to pay the debts and provide for the common defense and general welfare of the United States; ..."
That makes a conflict of interest. Is your allegiance to Grover Norquist or is it to the U.S. Constitution?