What the 1% don't want you to know

[Tom Joad]

From the Bill Moyers Journal.

One of the last bastions of real journalism the way it's supposed to be.

https://www.youtube.com/watch?v=QzQYA9Qjsi0

[donquixote99]

The video linked to above is dynamite. Watch it.

Anyone remember the "figure demonstration" I did a few days ago, that illustrates how income and wealth concentrate ridicuously over time, when the growth rate at the top exceeds that of everyone else? There's a 700-page book that does it with real data. It's happening. Right now.

I am going to get and read Capital in the 21st Century, by Thomas Piketty.

(link is to Amazon.com, where it is out-of-stock! Try your local independent bookseller.)

[Tom Joad]

Thanks Don.

Bill Moyers is really great IMO.

It distresses me to see how old he looks.

He's going to be 80 in June.

Who will replace him when he's gone?

It's going to be hard to fill his shoes.

[4-2-7]

Originally Posted by Tom Joad

From the Bill Moyers Journal.

One of the last bastions of real journalism the way it's supposed to be, in order to advance the leftwing agenda though propaganda.

https://www.youtube.com/watch?v=QzQYA9Qjsi0

There I fixed it.

[merrylander]

Justice Brandies warned us years ago whe he wrote;

"We have a choice to make; we may have democracy or we may have wealth concentrated in the hands of a few, but we cannot have both"

[donquixote99]

Facts and logic. Get the book. Read. Think.

Then do not fear to strike at the root of the problem. Wealth cannot be allowed grow faster than the economy as a whole, over the long term. Otherwise, you get serfdom, sooner or later. Power is used to gather more power.

'Redistribution' has been made a dirty word, but it always was the wrong word. The idea isn't to redistribute, it's to distribute right the first time.

[4-2-7]

Originally Posted by donquixote99

Facts and logic. Get the book. Read. Think.

Then do not fear to strike at the root of the problem.Wealth cannot be allowed grow faster than the economy as a whole, over the long term. Otherwise, you get serfdom, sooner or later. Power is used to gather more power.

'Redistribution' has been made a dirty word, but it always was the wrong word. The idea isn't to redistribute, it's to distribute right the first time.

What? Punctuation please, stop being so lazy in your writing.

[4-2-7]

Originally Posted by donquixote99

Facts and logic. Get the book. Read. Think.

Then do not fear to strike at the root of the problem. Wealth cannot be allowed grow faster than the economy as a whole, over the long term. Otherwise, you get serfdom, sooner or later. Power is used to gather more power.

'Redistribution' has been made a dirty word, but it always was the wrong word. The idea isn't to redistribute, it's to distribute right the first time.

When are you going to mention we need a cap on the maximum one can earn?

Wait for it......wait!

[merrylander]

Originally Posted by donquixote99

Facts and logic. Get the book. Read. Think.

Then do not fear to strike at the root of the problem. Wealth cannot be allowed grow faster than the economy as a whole, over the long term. Otherwise, you get serfdom, sooner or later. Power is used to gather more power.

'Redistribution' has been made a dirty word, but it always was the wrong word. The idea isn't to redistribute, it's to distribute right the first time.

Actually redistribution is what has been going on for quite sometime, wealth has been redistributed out of the hands of the peaple whose work created it into the hands of a few privledged thieves.

[Tom Joad]

Originally Posted by merrylander

Actually redistribution is what has been going on for quite soetime, wealth has been redistributed out of the hands of the peaple whose work created it into the hands of a few privledged thieves.

There it is.