The Consequences of Income Inequality

Discussion in 'Politics' started by dbphoenix, Aug 9, 2014.

  1. dbphoenix

    dbphoenix

    Many people that spot an exemplary or expensive car on the road go out of their way to give a thumbs-up, honk, or just a casual wave of approval. Sadly, not everyone is as cordial. Or sane.

    Renee Hughes of Hoover, Alabama, can attest to that. On Aug. 1, someone poured paint-stripping gel all over her brand new 2014 Chevrolet Corvette Stingray, seriously damaging the car’s jet-black paint job.

    From the photos it looks as though the perpetrator dumped the gel in the middle of the C7’s hood, as well as splashed the liquid all across the driver’s side of the vehicle. Potent stuff too – in some areas the paint has literally dripped off the car.

    According to CorvetteBlogger.com, Renee plans to send the Corvette off to a repair shop to get fixed, though the remedy could take up to a month or more. Judging by the severity of the damage, it won’t be cheap either.
     
  2. jem

    jem

    income equality can best be solved by eliminating income and death taxes on 99.5% of the country.

    if you enjoy taking money from others then you can create a progressive tax on the assets and income of the top .05%. This is not my choice... but I put it out there because its generally the .05% who advocate for more taxes to fix the "problem" and we know you democrats and leftists want to tax your own crony donators.


     
  3. Capitalism is an organized system to guarantee that greed becomes the primary force of our economic system and allows the few at the top to get very wealthy and has the rest of us riding around thinking we can be that way, too - if we just work hard enough, sell enough Tupperware and Amway products, we can get a pink Cadillac.

    Michael Moore


    Read more at http://www.brainyquote.com/quotes/quotes/m/michaelmoo580038.html#ww2KgRC4GHw3cxs5.99
     
  4. dbphoenix

    dbphoenix

    Johnny One Note
     
  5. Ricter

    Ricter

    You mean, 99% of the 50% who pay income tax?
     
  6. stoic

    stoic

    typical socialist....... blame random acts of vandalism on income inequality.

    "Oh...it not the fault of the vandals....... it's capitalism....we need to redistribute the wealth so those poor vandals can stay home and continue to exist on welfare. "

    Again I pose the question:

    Since history is littered with all the failures of socialism, why do they think it will be any different this time?
     
    Tsing Tao likes this.
  7. I'm tired of this discussion of capitalism and socialism; we live in the 21st century, we need an economic system that has democracy as its underpinnings and an ethical code.

    Capitalism is against the things that we say we believe in - democracy, freedom of choice, fairness. It's not about any of those things now. It's about protecting the wealthy and legalizing greed


    Michael Moore
     
  8. Lucrum

    Lucrum

    Jeezus H Christ!
     
  9. "Personally I'm in favor of democracy, which means that the central institutions in the society have to be under popular control. Now, under capitalism we can't have democracy by definition. Capitalism is a system in which the central institutions of society are in principle under autocratic control. Thus, a corporation or an industry is, if we were to think of it in political terms, fascist; that is, it has tight control at the top and strict obedience has to be established at every level -- there's a little bargaining, a little give and take, but the line of authority is perfectly straightforward. Just as I'm opposed to political fascism, I'm opposed to economic fascism. I think that until major institutions of society are under the popular control of participants and communities, it's pointless to talk about democracy."

    "...capitalism is basically a system where everything is for sale, and the more money you have, the more you can get. And, in particular, that's true of freedom. Freedom is one of the commodities that is for sale, and if you are affluent, you can have a lot of it. It shows up in all sorts of ways. It shows up if you get in trouble with the law, let's say, or in any aspect of life it shows up. And for that reason it makes a lot of sense, if you accept capitalist system, to try to accumulate property, not just because you want material welfare, but because that guarantees your freedom, it makes it possible for you to amass that commodity. [...] what you're going to find is that the defense of free institutions will largely be in the hands of those who benefit from them, namely the wealthy, and the powerful. They can purchase that commodity and, therefore, they want those institutions to exist, like free press, and all that."

    Ronald Reagan
     
  10. dbphoenix

    dbphoenix

    He didn't throw the acid on a Yugo.

    In any case, history is littered with the failures of all sorts of -isms. What's your solution?
     
    #10     Aug 9, 2014