The rich are getting richer

Forsythe

Platinum Member
May 2, 2004
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Article

That can't be right, am i the only one that believes that everyone should have a fair chance?
That shows your current system doesn't work as it is intended.
 

Forsythe

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May 2, 2004
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Originally posted by: ntdz
That's life, there is nothing you can do about it.

Bull. Something can be done about everything!
If you want to do something about it that is.

And saying that's life and accepting it is clearly a sign of the latter. But what if this trend continues? Won't it clearly turn in to something from a cummunists worst nightmare, where the few rich people controll everything?
 

Forsythe

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May 2, 2004
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Originally posted by: miketheidiot
Originally posted by: ntdz
That's life, there is nothing you can do about it.

thats a great attitude :roll:

I bet that atitude will get you far in life.

I wonder if he'd adopt the same attitude towards terrorists.
 

miketheidiot

Lifer
Sep 3, 2004
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Originally posted by: Forsythe
Originally posted by: miketheidiot
Originally posted by: ntdz
That's life, there is nothing you can do about it.

thats a great attitude :roll:

I bet that atitude will get you far in life.

I wonder if he'd adopt the same attitude towards terrorists.

i was going to ask the same thing.

ntdz, if you were falsely charged with a crime, and would go to prison, would you just take it because "thats life"? What about when you got there and some big fecker and two of his friends wanted to have their way with you? Would you just sit there (bend over) and take it?
 

wchou

Banned
Dec 1, 2004
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LIFE'S NOT FAIR LIKE THEY SAY IN SCHOOL, i hate that
It can be if we are willing to make change so it will be fair
rich will always be rich, poor will always be poor
that's a sad fact
Everything taught in school was to make the poor obedient to the rich
Elite school and public school are very different
one teaches you how to control people like their cattles
the other teaches you how to become a good servant for corporation

for example, income taxes are not necessary only sales taxes and those who make the most money should foot most of the bill not us the employee
that is how we who get paid less for a corporation who profits off our labor are screwing us left and right, up and down sort of like milking a cow as dry as dust leaving them barely enough to support their living expenses

People are brainwashed into believing that income taxes are necessary that it helps build road, pay for the government's funding, schools and authority
Don't forget property taxes including school taxes that even if you don't have any kids going to school, you are still liable
They just don't want middle aka low class people to have an easy life
There is no middle, their is only high or low
you are either born rich or born poor
 

judasmachine

Diamond Member
Sep 15, 2002
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Originally posted by: ntdz
That's life, there is nothing you can do about it.


with that attitude you deserve to be fed to starving people and your house used as a squat.
 

alchemize

Lifer
Mar 24, 2000
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Actually, you're wrong. The article says the poor are staying poor. Oh, here's what you liked about the article. The scientist says no policy models work. Well...one does...

"It suggests that any kind of policy will be very inefficient," says Yakovenko. It would be very difficult to impose a policy to redistribute wealth "short of getting Stalin", says Yakovenko, who will talk in Kolkata next week.

This model predicts both the wealth classes that Yakovenko found. It also suggests that if you save more you are more likely to end up rich, although there are no guarantees. Changing people's saving habits could be an effective way of making the wealth distribution fairer, rather than enforcing taxes, says Chakrabarti, who is one of the Kolkata conference organisers.
Fascinating - encourage savings and people have more money? Who woulda thunk...
 

Forsythe

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May 2, 2004
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Originally posted by: alchemize
Actually, you're wrong. The article says the poor are staying poor. Oh, here's what you liked about the article. The scientist says no policy models work. Well...one does...

"It suggests that any kind of policy will be very inefficient," says Yakovenko. It would be very difficult to impose a policy to redistribute wealth "short of getting Stalin", says Yakovenko, who will talk in Kolkata next week.

This model predicts both the wealth classes that Yakovenko found. It also suggests that if you save more you are more likely to end up rich, although there are no guarantees. Changing people's saving habits could be an effective way of making the wealth distribution fairer, rather than enforcing taxes, says Chakrabarti, who is one of the Kolkata conference organisers.
Fascinating - encourage savings and people have more money? Who woulda thunk...

What's your point?

[edit]
And what was wrong with stalin?
 

Steeplerot

Lifer
Mar 29, 2004
13,051
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Originally posted by: judasmachine
Originally posted by: ntdz
That's life, there is nothing you can do about it.


with that attitude you deserve to be fed to starving people and your house used as a squat.
Hey, I'm down for some republican trickle down economics like that!
I got dibs on his PC.
Before we get started ntdz, you a amd or intel guy? :laugh:
(On second thought he just screams celeron, so nevermind.)
 

mhillary

Senior member
Jan 20, 2005
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Originally posted by: alchemize
Actually, you're wrong. The article says the poor are staying poor. Oh, here's what you liked about the article. The scientist says no policy models work. Well...one does...

"It suggests that any kind of policy will be very inefficient," says Yakovenko. It would be very difficult to impose a policy to redistribute wealth "short of getting Stalin", says Yakovenko, who will talk in Kolkata next week.

This model predicts both the wealth classes that Yakovenko found. It also suggests that if you save more you are more likely to end up rich, although there are no guarantees. Changing people's saving habits could be an effective way of making the wealth distribution fairer, rather than enforcing taxes, says Chakrabarti, who is one of the Kolkata conference organisers.
Fascinating - encourage savings and people have more money? Who woulda thunk...


poor are gettin poor but the rich are getting rich
 

dmcowen674

No Lifer
Oct 13, 1999
54,889
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www.alienbabeltech.com
Originally posted by: Forsythe
Article

That can't be right, am I the only one that believes that everyone should have a fair chance?
That shows your current system doesn't work as it is intended.

Originally posted by: ntdz
That's life, there is nothing you can do about it.

Originally posted by: alchemize
Encourage savings and people have more money? Who woulda thunk...

Hi Forsythe,

Minor Correction - Current Republican system IS working as they have planned 110% to a T.

The Republican responses you see are proof of that.

Alchy

"Encourage savings and people have more money?"

You have to be joking right? Current "savings" rate .99%

The Banking system no longer exists for the Middle (what's left of the Middle as it dissapears once again by Republican design) and Poor. Only if you are Rich and can use (use is a loose term because it is Rich Man's Monopoly game) all of the other methods of Wealth building such as the risky Stock Market can you realize any potential return on investment better than .99%.

This article is interesting as the P&N Elite have sworn over the last few years as I have been saying this that I am whacked. Yes, I am whacked but others are now saying exactly what I have been saying, hmmmmm
 

HombrePequeno

Diamond Member
Mar 7, 2001
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It kind of makes sense that the poor generally stay poor and the rich tend to stay rich. When you think about it, you learn a lot of your financial knowledge from your parents. If your parents have poor spending/saving habits, then chances are that you will too. Every now and then someone will break the mold but for the most part, it stays the same.

It's kind of similar to religion I would guess. People learn their basic beliefs from their parents. That's why this nation is largely Christian as opposed to each religion spread out evenly across the country. Every now and then somebody will go against the religion their parents taught them to believe but for the most part they just stick with it.
 

Forsythe

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May 2, 2004
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Originally posted by: HombrePequeno
It kind of makes sense that the poor generally stay poor and the rich tend to stay rich. When you think about it, you learn a lot of your financial knowledge from your parents. If your parents have poor spending/saving habits, then chances are that you will too. Every now and then someone will break the mold but for the most part, it stays the same.

It's kind of similar to religion I would guess. People learn their basic beliefs from their parents. That's why this nation is largely Christian as opposed to each religion spread out evenly across the country. Every now and then somebody will go against the religion their parents taught them to believe but for the most part they just stick with it.

Ofcourse it makes sense! But is it right? I am the biggest criticist of democracy there is, but i fear it's the only way out. (Unless you wanna give me power :D )

For example me, i car enot for wealth, only knowledge :D (Definently didn't get that from any of my parents.
 

HombrePequeno

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Mar 7, 2001
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Originally posted by: Forsythe
Originally posted by: HombrePequeno
It kind of makes sense that the poor generally stay poor and the rich tend to stay rich. When you think about it, you learn a lot of your financial knowledge from your parents. If your parents have poor spending/saving habits, then chances are that you will too. Every now and then someone will break the mold but for the most part, it stays the same.

It's kind of similar to religion I would guess. People learn their basic beliefs from their parents. That's why this nation is largely Christian as opposed to each religion spread out evenly across the country. Every now and then somebody will go against the religion their parents taught them to believe but for the most part they just stick with it.

Ofcourse it makes sense! But is it right? I am the biggest criticist of democracy there is, but i fear it's the only way out. (Unless you wanna give me power :D )

For example me, i car enot for wealth, only knowledge :D (Definently didn't get that from any of my parents.

Is it right? I don't really see it as wrong. There's nothing stopping them from acquiring the knowledge to become wealthy.

That doesn't mean that I don't think it should be changed. It would be nice to see more financial classes put in schools. To be honest I have no idea how many financing classes are offered in high schools aroung the country. I haven't really heard any of my friends talk about taking financial classes in school so I'm assuming it isn't required at most schools. Really if you just run a few compound interest calculations in front of students they'd probably crap themselves from happiness.

Many people are short sighted and don't understand how much money you can make by saving a little. Since obviously a lot of them aren't getting good financial advise from their parents (I believe savings right now is at like 1% of income), somebody else needs to drill it into their heads.

I don't think it has anything to do with "the man" keeping people down or anything like that. For the most part it's just a lack of education in that area. There's really no reason why almost everyone can't be at least moderately well of by the time they retire if they invest decently (doesn't even have to be well, just decent).
 

Forsythe

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May 2, 2004
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I'm not talking about reason. I'm talking about what when they will own more than 40 or 60% of the country, what when they own the country? imo the current form of society doesn't fit everyone. Atleast in america.
 

wchou

Banned
Dec 1, 2004
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If I have to choose between knowledge vs wealth, I'd take knowledge over any days of the week
wealth is just being a pig, and pigs care nothing else as long as it is fed with more then enough for it to know what to do with it kinda like a spoiled brat
if you lack knowledge you cannot be wealthy, if you are very knowledgeable wealth is not hard to accumulate
notice most rich people are very intelligent, they possess true wisdom that makes everyone else look like retards
Since they are better educated and learn at a faster pace I cansee why they can do what we called smart stealing and no one can do a damn about it


Loving money is one thing but knowing how to manipulate it is another thing.
Bankers rule, people drool ;)
 

ntdz

Diamond Member
Aug 5, 2004
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Originally posted by: miketheidiot
Originally posted by: Forsythe
Originally posted by: miketheidiot
Originally posted by: ntdz
That's life, there is nothing you can do about it.

thats a great attitude :roll:

I bet that atitude will get you far in life.

I wonder if he'd adopt the same attitude towards terrorists.

i was going to ask the same thing.

ntdz, if you were falsely charged with a crime, and would go to prison, would you just take it because "thats life"? What about when you got there and some big fecker and two of his friends wanted to have their way with you? Would you just sit there (bend over) and take it?

Uh, there is actually nothing you can do about it. Nothing has been able to stop it, and nothing will. Even the socialist European govt's don't stop it. Just accept it. Oh, and that attitude has actually gotten me far in life.
 

Forsythe

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May 2, 2004
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Well, making sure people have decent living conditions might work...
Gotten you far in life my behind.
 

aidanjm

Lifer
Aug 9, 2004
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Folks are making strong assertions on what is and isn't possible in the real world based on the model. (I.e., the statisticians are saying the model indicates it would be extremely difficult to alter the distribution of wealth in a country). But in the US there has in the past been great success in changing the distribution of wealth via political intervention (e.g., the new deal). And currently we are seeing Dumbya use a political intervention (a tax policy, specifically his tax cuts) to change the distribution of wealth in a country. (50% of his tax cuts -- around half a trillion dollars - go to the wealthiest 1% of the US population -- these changes allow the wealthiest citizens to accumulate an even greater percentage of the nation's wealth). People voted for those tax cuts. Ultimately it is the people's choice what kind of society they want to live in. The right has been very successful in promoting a rhetoric of income taxation as a punishment for working hard, and promoting the idea that all individuals should pay the same rate of tax. The outcome of this type of tax regime is disgusting disparities between wealthiest and poorest citizens. I'm hoping people start to see thru the right-wing rhetoric on tax (all that bullsh1t about a "fair tax" - which produces an anything but fair outcome), come to their senses, and start demanding a return to a more strongly progressive system (like the US had in the 1950s to 1970s), where the most successful individuals and corporations are required to pay higher levels of tax.
 

Dissipate

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Jan 17, 2004
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Originally posted by: miketheidiot
Originally posted by: ntdz
That's life, there is nothing you can do about it.

thats a great attitude :roll:

I bet that atitude will get you far in life.

Right, because we are always supposed to do 'something' about bad situations even if it means sacrificing all our liberties and setting up Orwellian wealth distribution schemes administered by an all powerful government state.

This is the most common and most attractive fallacy employed by the left i.e. the "At least WE are doing SOMETHING" fallacy. Are there poor people in the world? Yes. Does it suck? Yes. Does this justfiy government wealth redistribution schemes? NO.

Increasing freedom from government is the only way to help improve standards of living, because ultimately it is only the free market which can truly improve living standards. And of course it is the government which is the greatest impediment to technological progress in the free market.
 

Hayabusa Rider

Admin Emeritus & Elite Member
Jan 26, 2000
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Originally posted by: Dissipate
Originally posted by: miketheidiot
Originally posted by: ntdz
That's life, there is nothing you can do about it.

thats a great attitude :roll:

I bet that atitude will get you far in life.

Right, because we are always supposed to do 'something' about bad situations even if it means sacrificing all our liberties and setting up Orwellian wealth distribution schemes administered by an all powerful government state.

This is the most common and most attractive fallacy employed by the left i.e. the "At least WE are doing SOMETHING" fallacy. Are there poor people in the world? Yes. Does it suck? Yes. Does this justfiy government wealth redistribution schemes? NO.

Increasing freedom from government is the only way to help improve standards of living, because ultimately it is only the free market which can truly improve living standards. And of course it is the government which is the greatest impediment to technological progress in the free market.

Nonsense. Once there is no protection at all then the wolves have free reign. We would become a defacto feudal system, with our lords being CEOs. Eventually they would be few left, and they could formally call themselves royalty. Those dependent on the company store have no say in the company