Forum Post: Our critics have told us that we don't understand how the economy works. Well, these 300 ECONOMISTS CERTAINLY DO! THEY ARE ALL ON OUR SIDE!
Posted 12 years ago on Jan. 20, 2012, 7:05 p.m. EST by ModestCapitalist
(2342)
This content is user submitted and not an official statement
http://m.youtube.com/index?desktop_uri=%2F&gl=US#/watch?v=8Yhm7gKdAm0
Take that scammersworld, justhefacts, mudflap, and the rest of you die-hard conservative head-in-the-sand partisan puppets.
TAKE THAT!
Yes the economy is being held legally over seas I addressed this in one of my postings in another occupy posting site http://occupytogether.com/forum/discussion/2170/monetary-system-and-todays-crisis.. and I even state that these people went and set up banks on Islands just off the US coast. Just for their rich friends and contributors to hide their money. I have been fighting one of them here in court in the state of georgia do u want the case # and the name of this person who was also involved in water gate? one such hiding spot is peurto rico. I met the man who was involved in this and he is a very corrupt person and is in his 90's. I have been on the internet before U and the rest trying to get it out there..But they have hit the website and hit my many computers I have gone thru... He was with the same lawfirm that Obama did his internship with,Hopkins and Sutter who have since changed their name to Foley and Lardner... http://en.wikipedia.org/wiki/Hopkins_%26_Sutter Want me to upload the stationary and it has This 90 year old person's writing on it to other places. U think for one second I am what?? U Did not wanna listen to me for the past 3 1/2 years but know u are foraging around like squirrels in the winter.. and as u might see read or hear U are a little late in crawling out of the basement!!!!!!! Just Kidding with that basement thing being yeah I lived in my parents basement for a while. also where the article on this person is, it talks about what I did in the Military in another article.. http://tediv.blogspot.com/2009/05/corrupt-state-of-georgia.html
With a high concentration of income and bottom line wealth, more revenue is needed for financial aid. Also with record high charges (and profits) in health care, energy, and finance even more need for aid becomes necessary. I'm all for cutting waste but there is a strong relationship between 35 years of rising national debt and 35 years of concentrated income and wealth/capital. We don't need to pay off the national debt in 3 years or 5 or 10. After all, its been accumulating for decades. We only need to bend the curve and get on track to pay it off eventually. This will always be mathematically impossible until we address the concentration of income and wealth/capital. Most of which comes from the same damn pie anyway. The rest is legally held overseas or illegally hidden by rich pigs overseas.
Raise those damn taxes on the rich and close their corporate loopholes.
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.
ModestCapitalist------------<=========3
TAKE THAT!
God damn it. You die hard winner take all bloodthirsty capitalists and filthy rich pigs absolutely refuse to understand the following: First, that record high charges in health care, energy, and finance also mean record high profits and record high dividends. 40% of which are paid to the richest one percent. This causes more hardship and more concentration of wealth. At the same time, more financial aid in the form of welfare, Medicare, and Medicaid becomes necessary. Especially with those record high charges and profits. As even more wealth is concentrated, the lower majority go into debt and lose their relative buying power. This results in less demand, layoffs, and higher unemployment. This results in even more legitimate need for financial aid, a slower economy, less revenue, and higher national debt. It's a downward cycle tied directly to the relentless concentration of wealth.
I'm not making excuses for those who sit on the couch, make no attempt to find work, and sponge off the government. I'm not calling for a welfare state. But God damn it. You die hard conservatives and filthy rich pigs need to stop being such cowards, open your god damn eyes, and finally admit that there is a downside as more and more wealth becomes concentrated.
The richest one percent in America now own 43 percent of its total household financial wealth. The lower 99 percent are sharing the rest. This is true even after you account for all taxes, charity, and financial aid.
Mark my words: this equation will get worse.
THERE IS A DOWNSIDE AS YOU GET RICHER AND RICHER!
A word for my critics: I'm no expert but I'm no fool. I predicted this socio-economic crisis in writing 6 years ago. I'm aware of all the conservative and liberal talking points. Of course, I hate politicians. But I don't hate liberals or conservatives. I agree with both on some issues. For example: I agree that we need an adequate safety net for those in need. Not for those who sit on the couch and watch TV. I agree with tax cuts for small business. But not for Wall Street and not for those making $500,000 and up. A heavy concentration of wealth is what got us here. A gradual and partial redistribution of wealth is vital.
I don't want socialism, communism, or marxism. I want modest capitalism. A reasonable scale of income opportunity for all those willing and able to work. An adequate safety net for those in need.
A word for the rich: I have received quite a bit of negative feedback from you one percent club pigs. I must be doing something right. After all, you took time away from your money bath just for me. You might want to check your ass crack for soggy bills. In the meantime, let me just say this for the record:
You can't intimidate me. You can't embarrass me. You can't make me feel uneducated, unintelligent, or otherwise insignificant. You can't confuse me. You can't divert my attention. You can't exhaust me and you sure as hell can't break my will. I know I'm getting to you because you're here with another lame psychological trick. You're here in an attempt to shut me up. It won't work. I've had it with all of you.
I won't break any laws. I would never discredit the cause with a criminal act. But I'm telling you right now that I'm virtually impossible to stop. It's a big world and I have a lot to say. If you want to break my will, you're going to have to break my neck first.
If you pull a stunt like that, a lot of people will know what happened to me and why.
Now get out of my face. I have work to do.
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.