Public Forum

"Private capital tends to become concentrated in few hands, partly because of competition among the capitalists, and partly because technological development and the increasing division of labor encourage the formation of larger units of production at the expense of smaller ones. The result of these developments is an oligarchy of private capital the enormous power of which cannot be effectively checked even by a democratically organized political society." -Albert Einstein 1949

"The profit motive, in conjunction with competition among capitalists, is responsible for an instability in the accumulation and utilization of capital which leads to increasingly severe depressions." -Albert Einstein 1949

"The United States economy is like a poker game where the chips have become concentrated in fewer and fewer hands, and where the other fellows can stay in the game only by borrowing. When their credit runs out the game will stop." -Mariner Eccles Chairman of the Federal Reserve under FDR

You're probably wondering. If these guys were right and the wealth was heavily concentrated just prior to the Great Depression, how did we recover?

That's simple but not well known. There was a partial redistribution from the mid '30's to the mid '70's.

So why are we in this mess all over again?

It's the same problem. Relatively simple.

"The income gap between the rich and the rest of the US population has become so wide and is growing so fast that it might eventually threaten the stability of democratic capitalism itself." Allen Greenspan testifying before congress in the spring of '05'.

Robert Reich and a dozen more prominent economists have gone on record with similar views.

According to the Social Security Administration, 50 percent of U.S. workers made less than $26,364 in 2010. In addition, those making less than $200,000, or 98 percent of Americans, saw their earnings fall by $4.5 billion collectively.

The incomes of the top one percent of the wage scale in the U.S. rose in 2010; and their collective wage earnings jumped by $120 billion. In addition, those earning at least $1 million a year in wages, which is roughly 93,000 Americans, reported payroll income jumped 22 percent from 2009

All that progress made after the Great Depression has been reversed over the last 35 years. The richest one percent now own over 43% of America's financial wealth. That's way too much. Its causing hardship for ordinary (decent) people and economic instability. But the rich refuse to accept any responsibility. They are never satisfied. They always want more. They absolutely will not stop.

It's very similar in Europe. The rich are too rich. Period.

http://m.youtube.com/index?desktop_uri=%2F&gl=US#/watch?v=XgygaG87rZY

This site is being ruined by trolls. It's no accident. It's no game. It's about money and PR. The rich don't want our messages read. They don't want people to understand. They don't want to accept responsibility for any of this. They will say or do anything to divert our attention.

Don't let them get away with it.

Search the AM dial day and night for local call in talk radio shows. There are dozens of them. Call in and be heard by thousands at once. Its easy. I've done it over 800 times. Just don't bother with Limbaugh, Hanity, Levin, Beck, Ingraham, Savage, Doyle, Harley, Mcnamera, Bortz, or Bruce. Those guys are a waste of time. The others are ok. You are welcome to use anything I post. The quotes and statistics are accurate.