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Forum Post: Share this article with the non-believers! (explains 99% vs 1%)

Posted 3 years ago on Sept. 24, 2011, 2:48 a.m. EST by Casuallyin (3)
This content is user submitted and not an official statement

This article attempts to correlate money and power as well as provides hard data on income, wealth and tax.

I know you are likely aware of the way things are with money and 'power' in the US but i thought you may be interested to see this article anyways since it explains it so clearly and with specifics.

Also, this seems like a great article to forward to any friends or associates who argue that the poor just want a hand out and that the rich have worked hard to earn it. (obviously in some cases that is true but not by any means the whole truth)

http://sociology.ucsc.edu/whorulesamerica/power/wealth.html

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1 Comments


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[-] 1 points by 0815 (58) 3 years ago

I have nothing against people being rich (even insanely rich).

I do have something against people who rob me of my hard-earned, uhm, earnings by lowering the value of the currency I am forced to accept (unless I want to be tried for tax-evasion) by creating more currency poof out of thin air, and charging me (via the government and taxes) for the extra interest incurred when that (for all intents&purposes) virtual currency is created poof out of thin air due to a process called Fractional Reserve Banking. This is AKA Inflation.

The people who get rich based on that exponentially increasing ponzi-scheme (remember: the interest has to be created at interest too! headache) are the REAL PROBLEM, and all debt owed to them based on this, should be NULLIFIED!

I won't mind if they keep all their remaining wealth, as long as it was not created via this insane process.

Oh, and I want them tried before a jury of their peers. For whatever pops up (treason, fraud, etc.).