Global Wealth Inequality - What you never knew you never knew

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I wonder what the poor are doing about their lack of wealth? Are they posting the same video again and again in an attempt to convince the rich to share their wealth?

Any statement I make is the opinion of me exercising my first amendment right to freedom of speech. Freedom of speech in the United States is protected by the First Amendment to the United States Constitution and is generally permitted.

1. I don't think most of the people who read posts here have any idea of just how rich the richest people are. They could buy the entire City of Toledo and surrounding area and not notice the absence of the money that was spent.

2. Just lately I have been surprised to learn that not all really rich people live in the United States. Some of them even live in some of the poorest countries on the planet. I was "discussing" foreign owned countries recently. Wouldn't they be surprised to learn that not all of the money earned by Facebook went to Mark Zuckerberg and his friends here in the U.S. Upon further research, I learned how they were getting the money and dropped Facebook.

And the United States has really rich people of from both parties, they just happen to belong to the one that they can control at the time. I think this is an excellent issue to explore more. I had forgotten the point made in one part of the video about how some laws keep the rich getting richer. And I hate to admit our own government is not totally innocent of supporting some of these laws.

If you bothered to watch the video you would have noticed the difference from the first, "Wealth Inequality in America" video. I'll post it to help you with your limited education Fred. By-the-way these videos are a reminder to all the Ayn Rand fans out there, if you think you'll ever be one of "them" well good luck with that.

Statements made are the opinion of the writer who is exercising his first amendment right to freedom of speech. Freedom of speech in the United States is protected by the First Amendment to the United States Constitution and are generally permitted.

They look so much alike and contain so much of the same crap I didn't bother watching this one. As we know of course rich people got that way not by working hard, being inventive, or pushing themselves, they got rich by magic. Poor people are unable to invent things, or work hard, or get any breaks at all.

Any statement I make is the opinion of me exercising my first amendment right to freedom of speech. Freedom of speech in the United States is protected by the First Amendment to the United States Constitution and is generally permitted.

Walmart Heirs Have As Much Wealth As Bottom 40 Percent Of Americans Combined
http://thinkprogress.org/economy/2012/07/17/534591/walmart-heirs-wealth-...

Now Fred your telling us these six Walmart heirs got rich by working hard, being inventive, or pushing themselves, they got rich by magic. No they inherited it Fred. Meanwhile their Walmart "associates" are getting government food stamps because of their poverty wage. Its called corporate welfare and you, me and Don are paying for it. But the ignorant Fred will dwell on the working class as if they are somehow at fault. Wake up! Stop being a shill for WSPD/Bain.

Statements made are the opinion of the writer who is exercising his first amendment right to freedom of speech. Freedom of speech in the United States is protected by the First Amendment to the United States Constitution and are generally permitted.

This is the crux for the ignorant Wolfman. He didn't get his inheritance as he thought he should from a relative who passed so he is jealous of anyone who worked hard and wanted to leave the fruits of their labor to their children. Someday share the story it will give the others a little insight to your mindset. I have a copy and the photo that goes with it if you need one.

Any statement I make is the opinion of me exercising my first amendment right to freedom of speech. Freedom of speech in the United States is protected by the First Amendment to the United States Constitution and is generally permitted.

Fred, don't forget to mention how us Euro's expect minorities and women to work hard for less money than Euro's and then forfeit any wealth they have to us.

Thanks for catching the miss.

Any statement I make is the opinion of me exercising my first amendment right to freedom of speech. Freedom of speech in the United States is protected by the First Amendment to the United States Constitution and is generally permitted.

Your embrace of socialism gets clearer all the time.

BTW, it's "Life, Liberty, and the PURSUIT of happiness". You don't get, guaranteed happiness, it's up to the individual to work for it.

"We're all riding on the Hindenburg, no sense fighting over the window seats"-Richard Jenni

Most of the great wealth has been from inheritance and family connections. And with the elimination of inheritance taxes and lower high income taxes in more and more states this is becoming ever increasingly the norm. You being a working class shill for corporate America will never aspire to any great wealth let alone retiring at age 65 without the help of Social Security and Medicare. I've made my own way in life from long work hours and hard work and now enjoying the fruits of my labor. Can't say that about you who are jealous of us who have worked and saved for a early retirement only to have talking clowns rant on while they only work three hours a day five days a week. We've seen your public court documents with all your financial records and you should have invested, saved, and worked for an employer that paid a living wage. This is the classic example of the ant and the grasshopper story. http://www.longlongtimeago.com/llta_fables_antgrasshopper.html

Statements made are the opinion of the writer who is exercising his first amendment right to freedom of speech. Freedom of speech in the United States is protected by the First Amendment to the United States Constitution and are generally permitted.

Can you really say you saved for retirement when in actuality you had a union do it for you? You call Fred a corporate shill but the corporation you worked for was bigger and needed a govt bailout aka corporate welfare.

How did Fred get a living wade? I thought only unions had those?

And despite what you may think even those who inherit wealth still need skill. It's just as easy to lose wealth than to make it. So even if someone inherited it doesn't mean they haven't worked to keep. Maybe instead of demo nixing people you should worry about yourself.

MikeyA

MikeyA asks, "How did Fred get a living wade?" Well not sure of the question but I'll try and answer this one for Gomer. I chose a field that paid me a living wage that would support my family. This was free will and took hard work to withstand the rigors of a manufacturing livelihood through the decades. The deciding factor was the golden pension protection that a union won for its workers. In a right-to-work, at will environment none of this would be possible for the vast majority. Working for CCMO one would never retire with a defined pension unless you were in the top tier of management. Then they are given golden parachutes and other such incentives that the vast majority would never enjoy negotiating on their own.

Your inheritance analogy is silly. Only if your a complete moron or are snookers by one of those free meal charlatan financial planners we hear about so often in advertizements. Most average diligent conservative people can handle it. Too often slick willie relatives, shark attorneys, and shiny shoed phonies run off with what was once earned by a lifetime of hard work. These fast talking easy living con men are everywhere. Inhabiting the suburb strip malls with tales of legitimacy. If you know this then chances are you'll do alright.

But I'm talking of the average Joe not the Walmart heirs and their friends. This is a whole different world of entitlement where you have the means to hire the best and screw the rest. The little guy cannot compete.

Statements made are the opinion of the writer who is exercising his first amendment right to freedom of speech. Freedom of speech in the United States is protected by the First Amendment to the United States Constitution and are generally permitted.

"I chose a field that paid me a living wage that would support my family. "

Who in their right mind says to themselves in High School, "You know, I think I'd like to devote my life to standing in one place, putting 'nut A onto bolt B', taking a 15 minute break every 2 hours and a 1/2 hour lunch, then go back and stand in the same place doing the same thing to the same part for the same product FOR THE REST OF MY LIFE."

No wonder you are such an angry little man. You didn't get enough education and didn't have enough personal drive to do anything but what a trained monkey would do. You could have been and SHOULD have been replaced by a robot. Robots can do what you do without the additude. Robots don't whine and cry that there is a bigger robot MAKING MORE MONEY. Robots don't come in to work with hangovers.

And best of all, robots are smart enough to know that they can be replaced.

Don't blame me,
I didn't vote for a
socialist.

Lipscanblowme sorry you had to report to your employer this morning. I'm going to help my son with his new home after I get done with my breakfast. Retirement is a great benefit from my union negotiated contract. FYI- my responsibilities at my former employer were varied over the decades. In fact I worked two jobs for many years as a carpenter. To say you know what I've once did for a living is just plain ignorance and speculation on your part. Anyway have a good day at the 9 to 5 I got to get going my son is waiting for me.

Statements made are the opinion of the writer who is exercising his first amendment right to freedom of speech. Freedom of speech in the United States is protected by the First Amendment to the United States Constitution and are generally permitted.

work ?

Where did you learn that asshole?
At the union bureaucrats headquarters of obese job killers who stink, with the stench of lying , thievery, criminal damage to employers property and theft from them !?!

Heathens are a dime a billion....

Ah so much to comment on.

" I chose a field" I asked about fred not you. So I will ask again... How did Fred get a living wage?

"Your inheritance analogy is silly." Is it now. "Too often slick willie relatives, shark attorneys, and shiny shoed phonies run off with what was once earned by a lifetime of hard work." Well again, where is the difference between someone who worked their whole life for their wealth or someone who inherited it? A fool and his money are soon parted right?

So.... if I inherit my wealth and I still have it 20-30 years later I must have done something right. Correct? Likewise if I work 20-30 years and someone swindles me I must have done something wrong. Correct? Additionally you say "slick willie relatives"... how does a relative remove me from wealth I earned? I think that speaks more toward inheritance than earned wealth. I could be wrong, maybe you'll elaborate further to show me what you mean.

"average Joe not the Walmart heirs and their friends." I'd recommend reading "The Millionaire Next Door" by Stanley and Danko. Majority of the truly wealthy in this country, real wealth not faked wealth, get there by living below their means and making smart decisions, not through inheritance.

MikeyA

Listen MickeyA your a marine. Nobody that's wealthy is a marine. Rich people do not sign up for the military. Most do what they can to keep their heirs out of the military. If they do join for various reasons they are almost always away from harms way. This is why we are having these nonsense wars. Because those who profit do not do the fighting.

Statements made are the opinion of the writer who is exercising his first amendment right to freedom of speech. Freedom of speech in the United States is protected by the First Amendment to the United States Constitution and are generally permitted.

Thank you for not answering my question... again.

What do you know about the reasons for joining the military? Have you served? Has your son? I grew up in a union household and I joined. So tell me why I did?

And actually, the military itself won't make one wealthy, but it gives you the tools to be self reliant and seek improvement. Right now by modest projections I will retire with an accumulation of wealth. Not enough to buy a chain of stores but enough to live in comfort. Some of that will go to my son, as it should. According to the President the amount I will have saved is too much and I should give some up to him. This on a military salary and a life dedicated to my countrymen.

MikeyA

Nation can't afford military's generous retirement system

Read more here: http://www.thenewstribune.com/2013/01/17/2438621/nation-cant-afford-mili...

Statements made are the opinion of the writer who is exercising his first amendment right to freedom of speech. Freedom of speech in the United States is protected by the First Amendment to the United States Constitution and are generally permitted.

You know very little about the military and me.

First, if the military changes its retirement system, doubtful, it will grandfather people in. I won't be affected.

Second, you're naive if you think that's a part of my retirement planning. I do my own. I have IRAs, a TSP, and an annuity. All for retirement. All of it managed by me.

I don't even include SS into my plan.

MikeyA

MikeyA, did the military give you an early discharge in fear that you would be shot by our own troops?

ZC

ZC, no I am still in the military, no early discharge.

I have Marines who serve under me every day 1/2 of them armed. I have never had the fear of a Marine shooting me. I have disarmed Marines but those were cases where they were a threat to themselves before me.

See I answered your question. Would you care to answer what the problems of a global household, whatever that is, now?

MikeyA

The question has already been answered, maybe not to your liking.

No it wasn't your response to me was I only ask questions not answer them. So you didn't attempt to answer at least not in that thread. If you answered in another please provide me the thread name or link.

MikeyA

I'm not responsible if you can't understand English.

That is neither a thread name nor link. Perhaps it is not I who has a problem with English.

MikeyA

I'm not obligated to answer questions to MikeyA or anyone else, but when I do, I have expectations that the recipient understands English. MikeyA is obviously in the "Why" stage in his life.

I really can't break it down easier for you. Your beligerance just shows that you are unable to defend your argument.

I will continue to do this to you so others may see that you just lob baseless claims.

MikeyA

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