Paul Krugman - The Undeserving Rich (NYT)

Wonder what Krugman's salary/income is as a Full Professor at an Ivy league college, plus a political hack writer for the NYT, plus speaking fees at seminars, plus book royalties. Probably a stinking greedy no good 1%-er SOB LOL

Fellas, you do realize that it can't possibly be that the increasing income disparity is due to all those people being too lazy to work or gaming the welfare system, or that it's one left-wing professor bleating his politics and you can dismiss his facts? The rich are getting richer worldwide, hoarding their wealth (so much for Trickle Down Economics), buying political favor, and bringing about war because growing income disparity is going to eventually make the majority break when they finally get too fed up with the unfair treatment, power, and privilege the wealthy have maneuvered. Have y'all read The Hunger Games or any other book in a similar vein? It's fine if you don't want to believe Krugman, but he's not the only one noticing this trend and raising alarms.


Oxfam: World's Richest 1 Percent Control Half Of Global Wealth
by Scott Neuman
January 20, 2014
http://www.npr.org/blogs/thetwo-way/201 ... m=facebook

In the U.S., where the gap between rich and poor has grown at a faster rate than any other developed country, the top 1 percent captured 95 percent of post-recession growth (since 2009), while 90 percent of Americans became poorer.

"[People] are increasingly separated by economic and political power, inevitably heightening social tensions and increasing the risk of societal breakdown," the report says.

Read on Occupy Wall St https://www.facebook.com/OccupyWallSt?fref=ts
World's 85 richest have same wealth as 3.5 billion poorest
Li Anne Wong CNBC
Jan. 20, 2014
http://www.nbcnews.com/business/worlds- ... 2D11958883

http://www2.ucsc.edu/whorulesamerica/power/wealth.html
Wealth, Income, and Power
by G. William Domhoff

[youtube:1yjhlx1r][/youtube:1yjhlx1r]

Here's just one example of how the rich bend the rules to favor them:
Something Really Insane Just Happened In Congress, And You Probably Haven't Heard A Word About It
Adam Mordecai
Oct 31, 2013
[youtube:1yjhlx1r][/youtube:1yjhlx1r]

Your house of representatives just passed a bill designed to roll back protections put in place after the last financial crisis that was literally written by lobbyists for the people who caused the last financial crisis.

http://www.upworthy.com/something-reall ... g=3&c=ufb1

Krugman is myopic about wealth disparity. Around the world, billions have been raised up above subsistence levels, Bill Gates thinks we could see the end of poor nations by 2035. And part of the reason the people of other nations have money is because they are working and competing with the western world providing consumer goods and keeping wages in the US stagnant. Sure you could pass a minimum wage of $20 an hour to help out, but that would just encourage more outsourcing.

Wicked wrote: Fellas, you do realize that it can't possibly be that the increasing income disparity is due to all those people being too lazy to work or gaming the welfare system, or that it's one left-wing professor bleating his politics and you can dismiss his facts? The rich are getting richer worldwide, hoarding their wealth (so much for Trickle Down Economics), buying political favor, and bringing about war because growing income disparity is going to eventually make the majority break when they finally get too fed up with the unfair treatment, power, and privilege the wealthy have maneuvered. Have y'all read The Hunger Games or any other book in a similar vein? It's fine if you don't want to believe Krugman, but he's not the only one noticing this trend and raising alarms.

Do you realize that it's possible that those with all the wealth (the Political Class and the Capitalist Class) are happy to make welfare, food stamps, disability, cell phones, health insurance and various and sundry subsidies readily available to the majority to keep them right where they want them?

Keep them away from the wealth. Keep them from becoming self-starters who will rise up and grab some of that wealth.

Just keep them entertained and dumbed down.

There are certainly people who need this sort of help and I have no problem having it offered to them. But other then those truly needy people, the only thing that is unfair is the fact that the majority is being manipulated by the right and the left, and people like Krugman.

Krugman doesn't offer solutions, just derisive rhetoric. Solutions would put people like him in jeopardy. The Obama administration is in bed with Big Interests as deep as any Republican administration.

The problem is not with the rich, it's with the majority who sit on their duffs and puts up with this, all for another week of Jon Stewart or Duck Dynasty.

What's your solution Wicked?

I agree with you 100%.

I think it's important to educate people as to what's really going on - as it says in that video above, when surveyed people have no clue as to the actual wealth disparity. They need to wake up and get involved. We need to root out corruption, as Mansur Gidfar said in his video. Post messages on message boards, write comments in news stories and call them out on their glossed over bullsh** reporting. Share stories on your Facebook pages and other social media accounts. Be skeptical of what you read and do your own sleuthing, don't accept news stories at face value. Write editorials for local and national newspapers. Start petitions.

Occupy Wall St is still alive, and global, and is so because of this very issue. And that's why you don't hear about it in the mainstream media. Support it. Let others know what's going on, encourage them to get informed and vote. Write their congressmen and tell them to start working for us, or we'll vote them out.

Then vote them out. Don't toe the party line.

Because if we don't do something peaceful (protesting, voting, making our voices heard and effecting change) to stop this trend, it will eventually become a violent change in regime and bye-bye democracy. And those who've hoarded the power and money are doing so because they see it coming but are too chickenshit, selfish, and greedy to do the right thing. And yes, the masses have allowed it to happen, but it's time to get busy and walk away from the mind-numbing television.

Another good bit of info:

Four Shocking Signs of Further Income Redistribution to the Rich -- In Just One Year!
Monday, 20 January 2014

It was shown in a recent report that the richest Americans have made millions from their stock holdings since the recession.

It's getting worse. The facts are summarized here, and presented in greater detail at Us Against Greed. http://www.usagainstgreed.org/20140120_Analysis.txt
Conclusion: The System Is Broken

http://www.truth-out.org/buzzflash/comm ... t-one-year

Isn't that what Obuma is working on? Creating more disparity with all his social programs. Make everyone dependent?