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Wed Feb 20, 2013, 05:45 AM

5 Signs Extreme Wealth Deadens the "Empathy" and "Honesty" Parts of the Brain

http://www.alternet.org/5-signs-extreme-wealth-deadens-empathy-and-honesty-parts-brain




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1. Excuses for Inequality

Here's what Goldman Sachs adviser Brian Griffiths said about it: "We have to tolerate the inequality as a way to achieve greater prosperity and opportunity for all."

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2. Excuses for Bank Fraud

It seems unlikely that anyone would try to justify the lack of punishment for manipulating global interest rates and consorting with drug cartels. But excuses were readily available. Hyperbole made up for incomprehensibility. Treasury Secretary Hank Paulson warned us that without a bailout the world economy would collapse "within 24 hours." Assistant attorney general Lanny Breuer added that with criminal charges "the entire banking system would have been destabilised."

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3. Excuses for a Dormant Minimum Wage

Despite the logic and fairness of sharing record profits with low-wage workers who helped to make it all possible, a minimum wage increase has long been rejected because of the claim that it will increase unemployment. This has been refuted again and again and again. Yet well-positioned people persevere, armed with the same excuse. Says Paul Ryan: "I think it's inflationary. I think it actually is counterproductive in many ways. You end up costing jobs from people who are the bottom rung of the economic ladder."

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4. Excuses for Not Paying Taxes

Rather than excuses, corporate heads often take the more aggressive denial route with their comments:
-- A GE spokesperson: "We are committed to acting with integrity in relation to our tax obligations." GE paid 0% from 2008 to 2010.
-- An Exxon spokesperson: "..any claim we don't pay taxes is absurd...ExxonMobil is a leading U.S. taxpayer." Exxon paid2% from 2008 to 2010.

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Reply 5 Signs Extreme Wealth Deadens the "Empathy" and "Honesty" Parts of the Brain (Original post)
xchrom Feb 2013 OP
Buns_of_Fire Feb 2013 #1
MrScorpio Feb 2013 #2
drynberg Feb 2013 #3
hamsterjill Feb 2013 #4
LeftishBrit Feb 2013 #5
ananda Feb 2013 #6
Orrex Feb 2013 #7
indepat Feb 2013 #8

Response to xchrom (Original post)

Wed Feb 20, 2013, 06:50 AM

1. "Pitchforks 'R' Us" is starting to look more and more like a viable business model. nt

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Response to xchrom (Original post)

Wed Feb 20, 2013, 07:22 AM

2. Perhaps it's a good idea for us to start learning the words to "Le Marseillaise"

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Response to xchrom (Original post)

Wed Feb 20, 2013, 07:40 AM

3. IT IS TIME TO LOWER THOSE WITHOUT EMPATHY/HONESY TO A LEVEL WHERE...

They can get back in touch with reality. Sen. Warren, do you have some ideas about this?

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Response to drynberg (Reply #3)

Wed Feb 20, 2013, 08:05 AM

4. +1

And I bet she does!!! Go, Elizabeth!!!

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Response to xchrom (Original post)

Wed Feb 20, 2013, 08:13 AM

5. It may be more that empathy and honesty interfere with the ability to acquire extreme wealth..

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Response to LeftishBrit (Reply #5)

Wed Feb 20, 2013, 08:18 AM

6. Add extreme fear to the point of phobia to that equation.

That largely accounts for the need to horde.

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Response to xchrom (Original post)

Wed Feb 20, 2013, 08:26 AM

7. Good stuff

There are plenty, even here on DU, who argue against raising the minimum wage.

This seems like the most basic of progressive policies, yet more effort is expended in resisting such a raise than in improving economic conditions overall.

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Response to xchrom (Original post)

Wed Feb 20, 2013, 03:55 PM

8. Surely a goodly portion of Congress-critters is eaten up with the deadening of

empathy and honesty part of the brain because Congress has long fostered and championed these five signs thereof, all to the detriment of we the people.

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