Democratic Underground Latest Greatest Lobby Journals Search Options Help Login
Google

The occupy groups must stress the income inequality and here is why

Printer-friendly format Printer-friendly format
Printer-friendly format Email this thread to a friend
Printer-friendly format Bookmark this thread
This topic is archived.
Home » Discuss » General Discussion Donate to DU
 
Maraya1969 Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Nov-27-11 01:08 AM
Original message
The occupy groups must stress the income inequality and here is why
First off I was in downtown Fort Myers today and a protest came by on another street saying, "We are the 99%" What I heard from most people is that they did not know what that meant. And one woman, (I was told) yelled to them to get a job. I did my best to explain the situation of income disparity right there to whoever would listen.

Second a friend of mine finally came to the realization a couple nights ago that she worked at Walmart 25 years ago and made about $8.50 and now she works at Walgreens, (consistent work period) and makes $10.50. She finally realized that she was getting screwed. I did not have the CEO salary for Walgreens at the top of my information but I should have. I found out he makes $2.25 salary plus bonus. I'm going to make sure all the friends I have at my local Walmart know how much their CEO makes.

That is what the Occupy movement is about as far as I am concerned. People are becoming poorer and poorer and the top 1% are earning money exponentially, (remember just a few years ago they talked about the Kochs as having 5 billion between the 2 of them and now they have 50 billion?). This is what happens when you obtain that kind of wealth. It multiplies faster than most of us can even imagine.

Here is a link to several of the charts. I think these charts should be printed out and shared far and wide. I am going to do my part to print out and distribute selective charts. I think the one where the top 1% flies in the air in red monetary wonder while the rest of us straggle down toward the base of the chart is perfect. I think this is the message. Too many people do not understand this yet.

http://motherjones.com/politics/2011/02/income-inequality-in-america-chart-graph


Printer Friendly | Permalink |  | Top
MindMover Donating Member (43 posts) Send PM | Profile | Ignore Sun Nov-27-11 01:21 AM
Response to Original message
1. Here is another chart.....
<a href="http://www.flickr.com/photos/41483660@N04/6164014014/" title="web-image-f55baca9dac2a9301ee8ef3172e224b1 by pbmus, on Flickr"><img src="" width="493" height="468" alt="web-image-f55baca9dac2a9301ee8ef3172e224b1"></a>
Printer Friendly | Permalink |  | Top
 
midnight Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Nov-27-11 01:26 AM
Response to Reply #1
2. looks like deregulation of banks brought us back to the great depression.
Printer Friendly | Permalink |  | Top
 
Sarah Ibarruri Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Nov-27-11 01:57 AM
Response to Reply #2
4. One of the biggest deregulations, signed by Bill Clinton, and I still haven't a clue why. nt
Printer Friendly | Permalink |  | Top
 
lbrtbell Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Nov-27-11 02:12 AM
Response to Reply #4
5. He's a neo-liberal, that's why
Look it up on Wikipedia and Google. You'll have all the answers you need. :(
Printer Friendly | Permalink |  | Top
 
Sarah Ibarruri Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Nov-27-11 02:55 PM
Response to Reply #5
10. I know. I was SO disappointed by the Democrats that were elected AFTER Raygun.
They were all pseudo-Democrats. More Republican than Democrat. :( I have zero patience for unbridled capitalism Democrats. There's so little lib in there, that I have trouble calling them Democrats. :(
Printer Friendly | Permalink |  | Top
 
Sarah Ibarruri Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Nov-27-11 01:56 AM
Response to Reply #1
3. That's exactly what it is. nt
Printer Friendly | Permalink |  | Top
 
phasma ex machina Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Nov-27-11 02:22 AM
Response to Reply #1
6. That's a great chart for showing how workers get screwed. Thanks for sharing. nt
Edited on Sun Nov-27-11 02:24 AM by phasma ex machina
Printer Friendly | Permalink |  | Top
 
sam11111 Donating Member (638 posts) Send PM | Profile | Ignore Sun Nov-27-11 02:32 AM
Response to Reply #6
7. charts of problem and of solution
Edited on Sun Nov-27-11 02:36 AM by sam11111
Printer Friendly | Permalink |  | Top
 
sam11111 Donating Member (638 posts) Send PM | Profile | Ignore Sun Nov-27-11 02:51 AM
Response to Reply #7
8. data
Top 1% have $16 trillion

(link was included as part of daily KOS)

--------------------------
http://webcache.googleusercontent.com/search?q=cache:nxY_tso8jLcJ:http://www.dailykos.com/story/2009/10/04/789523/-Citigroups-Shocking-Plutonomy-Reports-h-t-Michael-Moore+plutonomy&hl=en&ie=UTF-8&strip=1

-------------------------------
The Wealth Report
Plutonomics ...
By Robert Frank, Wall Street Journal - Jan 8, 2007

... The nation’s top 1% of households own .... more than $16 trillion in wealth ...
-------------------------------
-------------------------------
The top 10% have $33 trillion
-------
73.1%.....is the percent of all US wealth now in the hands of the top ten percent of people.
( 45 trillion being the total wealth...though some estimates put it as high as 155 trillion...see Federal Reserve site)

In short:

The 1%have .....................$16 trillion.

The top 10% have............. $33 trillion.

Printer Friendly | Permalink |  | Top
 
phasma ex machina Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Nov-27-11 03:04 AM
Response to Reply #8
9. Some say the wealthiest central bankster family (Rothschild) has HUNDREDS of TRILLIONS.
Zerohedge says:

$707,568,901,000,000: How (And Why) Banks Increased Total Outstanding Derivatives By A Record $107 Trillion In 6 Months

http://www.zerohedge.com/news/707568901000000-how-and-why-banks-increased-total-outstanding-derivatives-record-107-trillion-6

Somebody's got to own all those hundreds of trillions, no?
Printer Friendly | Permalink |  | Top
 
TacoD Donating Member (62 posts) Send PM | Profile | Ignore Sun Nov-27-11 09:36 PM
Response to Reply #9
11. Hundreds of Trillions? Tell me more. (nt)
Printer Friendly | Permalink |  | Top
 
phasma ex machina Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Nov-28-11 02:35 PM
Response to Reply #11
12. The Rothschild family
"The Rothschild family, known as The House of Rothschild, or more simply as the Rothschilds, is a Jewish-German family that established European banking and finance houses starting in the late 18th century. Five lines of the Austrian branch of the family have been elevated to Austrian nobility being given hereditary baronies of the Habsburg Empire by Emperor Francis II in 1816. The British branch of the family was elevated to British nobility at the request of Queen Victoria. It has been argued that during the 19th century, the family possessed by far the largest private fortune in the world as well as by far the largest fortune in modern world history."

http://en.wikipedia.org/wiki/Rothschild_family

Although "possessed by far the largest private fortune in the world" leaves an impression of a bygone era it seems quite reasonable that to this very day the family headed by Jacob Rothschild, 4th Baron Rothschild continues to possess the largest private fortune in the world.
Printer Friendly | Permalink |  | Top
 
DU AdBot (1000+ posts) Click to send private message to this author Click to view 
this author's profile Click to add 
this author to your buddy list Click to add 
this author to your Ignore list Fri Apr 26th 2024, 06:11 AM
Response to Original message
Advertisements [?]
 Top

Home » Discuss » General Discussion Donate to DU

Powered by DCForum+ Version 1.1 Copyright 1997-2002 DCScripts.com
Software has been extensively modified by the DU administrators


Important Notices: By participating on this discussion board, visitors agree to abide by the rules outlined on our Rules page. Messages posted on the Democratic Underground Discussion Forums are the opinions of the individuals who post them, and do not necessarily represent the opinions of Democratic Underground, LLC.

Home  |  Discussion Forums  |  Journals |  Store  |  Donate

About DU  |  Contact Us  |  Privacy Policy

Got a message for Democratic Underground? Click here to send us a message.

© 2001 - 2011 Democratic Underground, LLC