Wall street is even more corrupt than ever. For example: "...It will make it hard and arguably, very, very hard if not impossible to bring a certain kind of insider trading case. For example, if you have the CEO of a company, who has in advance knowledge about what the numbers are going to be for the quarter and decides to gift that information to a college buddy, or a nephew, or a son, and say, “You know, we are going to beat the numbers by a dollar. Knock yourself out.” And arguably, under the Newman decision, which has changed the law, that person can basically gift 50, $60 million of profit on a relative or a friend if he is not getting something of pecuniary benefit back – and I’m not sure that reasonable people will think that is a good state of affairs...." http://www.businessinsider.com/preet-bharara-on-newman-case-2016-1 The only solution is probably:
Richest 62 people as wealthy as half of world's population, says Oxfam Charity says only higher wages, crackdown on tax dodging and higher investment in public services can stop divide widening "The vast and growing gap between rich and poor has been laid bare in a new Oxfam report showing that the 62 richest billionaires own as much wealth as the poorer half of the world’s population. Timed to coincide with this week’s gathering of many of the super-rich at the annual World Economic Forum in Davos, the report calls for urgent action to deal with a trend showing that 1% of people own more wealth than the other 99% combined...." http://www.theguardian.com/business...naires-wealthy-half-world-population-combined
The Charity needs to understand that the major causes of mal distribution are 2 fold. One is that the money is made by the private individuals who are connected to the privately owned central banks for the world. Just think... if you had the power to make electronic dollars and yen and just about every other currency... your crony buddies and you are going to own and control every larger asset and parts of every large business that makes profits... including the politicians. 2. considering how little of the pie is actually up for grabs... if you wish to improve wealth distribution, there should be no income or death taxes on those who earn less than the top 2%.
CNN/WMUR Poll: Sanders trouncing Clinton in New Hampshire "(CNN)Bernie Sanders' lead over Hillary Clinton in New Hampshire is on the rise, with the Vermont senator leading the former secretary of state by 27 points, 60% to 33%,a new CNN/WMUR poll has found. The new poll, mostly conducted before Sunday night's debate, found Sanders' support has grown by 10 points since a late-November/early DecemberCNN/WMUR poll, which found Sanders holding 50% to Clinton's 40%. New Hampshire Democrats' views on the race are solidifying as well, with 52% saying they have definitely decided who they will support, up from 36% who felt that way in early December. Among those voters, Sanders holds an even broader 64% to 35% lead..." http://www.cnn.com/2016/01/19/politics/new-hampshire-cnn-wmur-poll-democrats/
Dem party is going full commie. Add the contempt for Hillary and old Bern just may ease in. Bern Vs. Trump. These are the end times for sure. LOL
"2. considering how little of the pie is actually up for grabs... if you wish to improve wealth distribution, there should be no income or death taxes on those who earn less than the top 2%."
oh that would be good. I'd just like to see Warren and Bill Gates stand in front of the people and tell them, "Sorry, we just don't have enough money to pay for social security and medicare anymore. If you want it, you're going to have to start paying your fair share!"
Problem is even of you take all their money that top 2% can't float the boat as it currently exists. The solution is more jobs, but exactly where do all those jobs come from? I've been saying it for a long, long time. The jobs that are gone are gone forever and there is nothing on the horizon that is going to replace them. A country that is transitioning from manufacturing to service is going to experience some pain. Add in a corrupt and inept government, greed to a criminal point in the financial sector, and that pain increases exponentially.
Well, it was jem's suggestion, which sounded "full commie" to me. But a real, full commie would be after ownership anyway.