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BET's Robert Johnson To Obama: Stop Attacking The Wealthy

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ShawnD1 said:
The way to tell that I'm evil is that my life style is much better than some of the people around me. I have a home, I have a car, I have clothes that fit properly. Some people have none of those. Sure it's not directly my fault that the guy working at McDonalds does not have a car, but I'm still evil. My having a car somehow means that I'm screwing him over. It's a fact.
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You definitely feel evil. I can feel it in your denial and that you keep bring it up. Next time you see somebody in a white suit in front of a store asking for donations drop a few bucks in. You'll feel right as rain.
 
ProfJohn said:
So being rich is equivalent to be a slave owner?

The two richest men in American are both Democrats, what does that say about your party?
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Not what he said. He was parodying the logic of another poster by applying the same logic to a different example to show why it was flawed. He asn't saying rich=slave owner.

Another fail. Try again.
 
Patranus said:
Ok....
The GDP per capita in 1980 was $25,640.46
The GDP per capita in 2010 was $42,204.92
http://www.measuringworth.com/datasets/usgdp/result.php
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That doesn't tell me whether the bottom 99% are going up or down, now does it?

Considering that the % of national income going to workers is at an all time low.

shrinkingworkers.jpg


By the way, how does the last 10 years look?
 
Patranus said:
You keep talking in percentages ignoring the fact that wealth has been CREATED in America over that period of time and the overall wealth base has grown.

When you talk about dollars and cents, the bottom 99% controls more money when adjusted for inflation than they did 30 years ago.

The GDP in 1980 (2005 dollars) was $5.8 trillion.
The GDP in 2010 (2005 dollars) was $13 trillion.
http://www.measuringworth.com/graph...0&year_to=2010&table=US&field=NOMINALGDP&log=
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You're beyond lame, you're delusional. GDP is meaningless in relation to income distribution and median family income.

In constant price, 2010 American median household income is only 0.75% higher than what it was in 1989. This corresponds to a 0.04% annual increase over a 21-year period.[7] In the mean time, GDP per capita has increased by 32.5% or 1.35% annually.[8]
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http://en.wikipedia.org/wiki/Median_household_income

Trickledown economics is the principle by which the wealthy make more money, and get to keep it all.

It's also the principle by which they'll loan you enough to hang yourself, to compensate for the fact that you really aren't making any more, but they want you to think you're keeping up with them-

http://www.businessinsider.com/household-debt-to-gdp-drops-by-most-ever-2010-11

The only reason debt is falling is that it exploded during both the Reagan and Bush years, particularly the latter.

Hey- I know you didn't get a raise, but you got a bigger credit limit, so it's all OK, right? College loans draggin' you down? Took out an 80/20 loan to buy your first house? Did a refi on the house to pay off credit cards & the money you borrowed to put the kids through college? Maybe a Heloc? And now you're upside down, chained to the oars of negative equity?

How's that ownership society workin' out for ya', now that you're owned?

It's workin' out great for the guys at the top- never better!

Pay up, chumps!
 
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ProfJohn said:
Video at link
http://www.realclearpolitics.com/vi...nson_to_obama_stop_attacking_the_wealthy.html

Some great quotes by a man who earned his money through hard work.

FYI Johnson is a big time Democrat.
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How is demanding that a segment of society pay higher taxes equivalent to "attacking" them?

And as far as I can see, the American people have been under attack by a greedy and rapacious elite for some time now, culminating recently in the financial crisis of 2008.

What good, exactly, are you serving by promoting this line of thought? Does it make you feel like part of the team, to defend the wealthy (assuming you aren't)? What ends are you promoting with your views?
 
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Patranus said:
You keep talking in percentages ignoring the fact that wealth has been CREATED in America over that period of time and the overall wealth base has grown.

When you talk about dollars and cents, the bottom 99% controls more money when adjusted for inflation than they did 30 years ago.

The GDP in 1980 (2005 dollars) was $5.8 trillion.
The GDP in 2010 (2005 dollars) was $13 trillion.
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That's the point - the economy more than doubled, and the top took it all after inflation, the bottom 80% got none, or even went down.

inequality-p25_averagehouseholdincom.png


Read here:

http://motherjones.com/politics/2011/02/income-inequality-in-america-chart-graph
 
Moonbeam said:
I do know that most Republicans what to raise taxes on the rich. The Republican party, on the other hand, doesn't want what its members want. Time for folk with a brain to leave that stink hole party like my Mommy, bless her formerly Republican heart.
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4 members of my family abandoned that sinking ship all of them are teachers too.
 
I'm convinced that Wall Street's obsession over Obama destroying the economy has become a self fulfilling prophecy.

All of the big shot investors have convinced themselves that the economy will continue to suck until he leaves in early 2013, to the point where they've decided to hold back their investments in their businesses. The lack of capital investment and new hiring keeps economic growth lower than expected, and when the quarterly economic reports come out, they just keep blaming Obama instead of themselves. Rinse, wash, repeat.
 
your obama is a loser. Every time he speaks the stock market goes down. Every time he acts boldly, independents attribute it to increasing political desperation without seriousness. Every time he tries to lead, his own party privately mocks him. So let him attack earners and achievers. That's the obama twisting in the wind.
 
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