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Forum Post: the wealth gap and the new invisible fence

Posted 5 years ago on Aug. 19, 2014, 8:04 a.m. EST by elf3 (4074)
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Where once a laborer and doctor could share the same zipcode ...the ever widening class and wealth gap has constructed an invisible fence around cities across America...younger generations starting out don't have a prayer touching these zipcodes...some of which used to house middle income wage earners and began as rural farming and fishing communities...the creation of the flipping and landlording markets has inflated home prices beyond reason...this type of wealth has been obtained by crushing the working class into downsize, outsource,..rental LLC, stagflation wages and increasing profit margin, oblivion...it is greed and outright theft of the American dream...the worker will be annexed to the ghettos...and we are entering a new age of aristocracy built on our backs and the backs of Chinese slave and child laborers. The story was featured as a positive, though it did as a side blurb mention it would be difficult for those starting out to afford "yes kiddies you could get there someday " (hidden beneath the text)...think of that as you are massaging Buffy the housewife's feet or serving her her filet mignon as she moans about her delinquent tennant who got cancer and how she'll let little Jon boy silver spoon perform the eviction to so he can gain experience for his future. Because that is how you can reallyget ahead in this country...by setting conscience aside...and "moral values" only apply when they are at their charity balls securing this years tax loophole, not when they are outsourcing your job to a child slave laborer.



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[-] 4 points by agkaiser (2399) from Fredericksburg, TX 5 years ago


For profit systems [of finance and other common need services] are the greatest impediment to the well being of all and therefore a threat to the survival of the human race. It's unlikely that the Tribe of Econ's shamans, leaders or the dupes who follow will see this or allow a real fix to the lopsided wobbling economy before total collapse.

They might be convinced to kick back a little of what they take from the community's produce.

Community Produce: that which no individual can do without the work and help of others. Others are slaves ]or employees in today's world. Remember, an employee need not be maintained if there's no work for it to do.

In order to keep the economic tyranny afloat a while longer:

Limit accumulated wealth/net worth. Tax the excess to finance common needs and wants.

Limit income likewise.

Limit inheritance with De-Toqueville in mind.

It's not much but even that will probably be resisted until after you're dead.

[-] 1 points by StillModestCapitalist (343) 5 years ago

Although I would support all of the above, the most realistic proposal is to 'tax the excess'. This was done very effectively following the Great Depression. It resulted, along with other policies, in a double digit transfer of wealth from rich back to poor. Then Reagan came along with his 'trickle down' BS and set fourth yet another massive concentration of wealth.

If anyone out there has the time, we could use a list of those representatives with a history of voting against higher taxes on the rich and maybe a 'top ten' list of those most willing and likely to vote in favor of 'taxing the excess' once again. Of course, the divide will be primarily along party lines but if we have that list to work from, we may be able to help get those most likely to 'tax the excess' elected in November.

I use dial-up so I would really appreciate it if someone out there would do the research and post the list of those reps and candidates most likely to 'tax the excess'.

In the meantime people, please, for the good of society, stop giving so much of your money to the rich.



[-] 1 points by MattHolck0 (3867) 5 years ago

when all is taken

the only thing left is to take from others

[-] 1 points by StillModestCapitalist (343) 5 years ago

Good post. Ugly truth.