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This guy hits the nail straight on.
Why do some people earn 5x or way more than others? Because they worked their ass off or used their brain or went to school for 10 years.
How do people afford to live in expensive houses? Because they worked their ass off
ETC.
Suppose that every day, ten men go out for beer and the bill for all ten comes to $100. If they paid their bill the way we pay our taxes, it would go something like this:
The first four men (the poorest) would pay nothing.
The fifth would pay $1.
The sixth would pay $3.
The seventh would pay $7.
The eighth would pay $12.
The ninth would pay $18.
The tenth man (the richest) would pay $59.
So, that's what they decided to do.
The ten men drank in the bar every day and seemed quite happy with the arrangement, until one day, the owner threw them a curve. "Since you are all such good customers," he said, "I'm going to reduce the cost of your daily beer by $20."
Drinks for the ten now cost just $80.
The group still wanted to pay their bill the way we pay our taxes so the first four men were unaffected. They would still drink for free. But what about the other six men - the paying customers? How could they divide the $20 windfall so that everyone would get his 'fair share?' They realized that $20 divided by six is $3.33. But if they subtracted that from everybody's share, then the fifth man and the sixth man would each end up being paid to drink his beer. So, the bar owner suggested that it would be fair to reduce each man's bill by roughly the same amount, and he proceeded to work out the amounts each should pay.
And so:
The fifth man, like the first four, now paid nothing (100% savings).
The sixth now paid $2 instead of $3 (33%savings).
The seventh now pay $5 instead of $7 (28%savings).
The eighth now paid $9 instead of $12 (25% savings).
The ninth now paid $14 instead of $18 (22% savings).
The tenth now paid $49 instead of $59 (16% savings).
Each of the six was better off than before. And the first four continued to drink for free. But once outside the restaurant, the men began to compare their savings.
"I only got a dollar out of the $20," declared the sixth man. He pointed to the tenth man, "but he got $10!"
"Yeah, that's right," exclaimed the fifth man. "I only saved a dollar, too. It's unfair that he got ten times more than I!"
"That's true!!" shouted the seventh man. "Why should he get $10 back when I got only two? The wealthy get all the breaks!"
"Wait a minute," yelled the first four men in unison. "We didn't get anything at all. The system exploits the poor!"
The nine men surrounded the tenth and beat him up.
The next night the tenth man didn't show up for drinks, so the nine sat down and had beers without him. But when it came time to pay the bill, they discovered something important. They didn't have enough money between all of them for even half of the bill!
And that, boys and girls, journalists and college professors, is how our tax system works. The people who pay the highest taxes get the most benefit from a tax reduction. Tax them too much, attack them for being wealthy, and they just may not show up anymore. In fact, they might start drinking overseas where the atmosphere is somewhat friendlier.
For those who understand, no explanation is needed. For those who do not understand, no explanation is possible.
"I see all this potential, and I see it squandered. God damn it, an entire generation pumping gas, waiting tables – slaves with white collars. Advertising has us chasing cars and clothes, working jobs we hate so we can buy shit we don't need. We're the middle children of history, man. No purpose or place. We have no Great War. No Great Depression. Our great war is a spiritual war. Our great depression is our lives. We've all been raised on television to believe that one day we'd all be millionaires, and movie gods, and rock stars, but we won't. We're slowly learning that fact. And we're very, very pissed off."
"I see all this potential, and I see it squandered. God damn it, an entire generation pumping gas, waiting tables – slaves with white collars. Advertising has us chasing cars and clothes, working jobs we hate so we can buy shit we don't need. We're the middle children of history, man. No purpose or place. We have no Great War. No Great Depression. Our great war is a spiritual war. Our great depression is our lives. We've all been raised on television to believe that one day we'd all be millionaires, and movie gods, and rock stars, but we won't. We're slowly learning that fact. And we're very, very pissed off."
Pissed off because you lack the intellect to separate fact from fiction?
Pissed off because you were raised in a climate past generations fought so hard for?
Pissed off because you were given things past generations could only dream of?
Once again, pissed off because you can't separate necessities from what someone on TV tells you?
Basically pissed because your stupid and self-entitled?
Wow, great reasons to be pissed.
The Associated Press gathered a list of proposals from Occupy protests across the country. Here is a selection:
—Reinstate portions of the Depression-era Glass-Steagall Act that were repealed in 1999. The act had prevented bank holding companies from getting into certain other types of financial ventures, effectively separating investment banking and commercial banking.
— Freeze all property foreclosures; cap interest charges at 6 percent or less.
— Reduce military spending; stop wars that drain financial resources.
— Reparations; make government payments to the descendants of African slaves to reset a broken, unbalanced economy.
— Ban big corporate donations to campaigns and set equal spending limits.
— Instill a fair conscience and a sense of morality into the minds of big decision makers.
— Revamp the tax code to take a higher percentage of multimillionaires’ earnings. Ensure that Wall Street and big companies pay higher business taxes.
— Equalize public education by paying fairly and proportionately for the entire U.S. population, regulating spending by student and not by school district.
edit 2: http://occupywallst.org/forum/propos...all-st-moveme/
actually, it isn't a bad source because it reflected the majority of the protester's state of mind. The issue the core occupy group is dealing with is real. but the majority of the people who are protesting are protesting for the wrong reasons
edit 2: Forum Post: Proposed List Of Demands For Occupy Wall St Movement! | OccupyWallSt.org
actually, it isn't a bad source because it reflected the majority of the protester's state of mind. The issue the core occupy group is dealing with is real. but the majority of the people who are protesting are protesting for the wrong reasons
Quote:
Forum Post: Proposed List Of Demands For Occupy Wall St Movement!
Posted 2 months ago on Sept. 25, 2011, 3:46 p.m. EST by anonymous
This content is user submitted and not an official statement
Admin note: This is not an official list of demands. This is a forum post submitted by a single user and hyped by irresponsible news/commentary agencies like Fox News and Mises.org. This content was not published by the OccupyWallSt.org collective, nor was it ever proposed or agreed to on a consensus basis with the NYC General Assembly. There is NO official list of demands.
Pissed off because you lack the intellect to separate fact from fiction?
Pissed off because you were raised in a climate past generations fought so hard for?
Pissed off because you were given things past generations could only dream of?
Once again, pissed off because you can't separate necessities from what someone on TV tells you?
Basically pissed because your stupid and self-entitled?
Wow, great reasons to be pissed.
he 100% hits the nail on the head with the "participation ribbon generation"
the school system and society as a whole created the "99%" by pushing through kids who had no business graduating, the kid who is naturally smart and works hard to get straight A's in highly academic courses is in many ways equivalent to the dumb ass fuck who can barely read who works for 3 months at mcdonalds in order to get the "equivelency" of the kid who worked hard and is actually talented/smart
__________________
Dank memes cant melt steel beams
LoL ... I thought OWS meant occupy wall street ( people against those wall street executives that destroyed the American economy)
Haven't seen a movement in hollywood, or even a movement against big business. Last I checked the people loved Steve Jobs, and I'm still down with John Travolta even though how rich he is.
This guys deserves to be in Jail though.... http://www.time.com/time/specials/pa...877326,00.html
he makes a few good points, about how our generation was brought up to feel special and all that crap.
now the scary thing is, have you guys seen the elementary schools now?
have you seen how they treat them and how they're taught to treat others?
they're 100x as soft as us.
LOL BUT I SAY THATS OKAY!
cuz in this world of losers and people that arent willing to work hard.
all you gotta do is work a little harder, and steal all their cash, what a buncha fucking losers.
im for the 1% even though i'm not quite there yet.
you know why? cuz im going to be the 1%. that is my goal. the 1% gets nothing handed to them. they work for everything.
not just in school or your job. but ALL ASPECTS of life.
you have to go beyond the expectations.
you have to work MORE than you think.
you have to put passion into EVERY ASPECT of your life.
don't make up excuses as to why you suck. that is the REASON you suck.
if you don't put passion into your hobby, how are you expected to put passion into your job?
if you dont put passion into your job, or into those menial tasks such as, doing your dishes, ironing your clothes, folding your bed sheets. how are you expected to run a fortune 500 company?
those moments where you're too tired to do that small task, and you say to yourself "fuckit, i'll do it later (probably not)", thats the difference between the 1% and the 99%.
im not gonna fight the 1%. im going to join them, even if that means stepping on the 99%.
i know a lot of you guys are gonna be like
ohhh, but that rich honger/mainlander whatever (insert rich stereotype in vancouver), got EVERYTHING handed to him.
well no duh shit of course they did, cuz they're the children of the 1%.
now ask yourself, what did their parents do? their parents had to work hard to be that 1%.
their children are a by product of it.
just like your children will be a by product of your laziness. they'll be nobodies, and think like you, just like you, cuz you didnt work hard.
you parents always tell you to study hard, work hard or whatever. its cuz so you wont end up like them. fuckin no bodies. if you can be better person than your parents, even if its just by a little, then you have succeeded. and if you kids can do the same, eventually someone down your bloodline will become the 1%. that's all that matters.
some empires are built in one lifetime, but most arent. it takes generations of handing down knowledge and passion to build something great. some people are lucky, but you can't rely on luck, just like you cant rely on that lotto ticket that sooo many of you do.
Last edited by Ulic Qel-Droma; 12-03-2011 at 09:37 PM.
So how much hard work are the 1% (less than 1%) who control the banking system doing than anyone else? They create money out of thin air, loan it to you and charge you interest. Thats pretty hard work bro.
How much harder is General Electric working to ensure their coal fired power plants dont get shut down because they contributed to Obamas campaign vs any other power company?
So your solution is if you can't beat the corrupt join them, well that will work for awhile. Heck you'll even feel great about how much harder you worked until someone who hasn't worked as hard as you takes everything from you. Just because they know someone with more power.
Judging from your logic you must be a firm believer and supporter of eugenics as well. If dad works this hard his kids are going to be just as hard working right? No way you'd raise a drug addicted/lazybum, therefore anyone who doesn't work as hard as you shouldn't be allowed to have kids.
Just looking at "hardworking" celeb kids should show you the error of that logic. But you've probally got your head shoved too far up your a$$ to see the error in your ways.
I agree/support hardwork but not when corruption is in play.
Is it some kids fault their parents kicked them out or died at 10? Therefore kid is stuck in life never being able to reach their potential?
There is a bill passed now in the US with a 93-7 vote for any branch of the military to indefinitely detain any suspected terrorist. No trail, no judge just because some guy on a power trip has enough authority to do so. http://www.thecitywire.com/index.php?q=node/19101
Next week Harper is signing an agreement to allow US border agents and police to pursue/operate in Canada.
Maybe if you work hard enough buy yourself a pimp pad some storm trooper can say your funded by a terrorist group and take everything you worked for. What will you do then? Find the right guy to blow to get your stuff back?
Quote:
Originally Posted by Ulic Qel-Droma
he makes a few good points, about how our generation was brought up to feel special and all that crap.
now the scary thing is, have you guys seen the elementary schools now?
have you seen how they treat them and how they're taught to treat others?
they're 100x as soft as us.
LOL BUT I SAY THATS OKAY!
cuz in this world of losers and people that arent willing to work hard.
all you gotta do is work a little harder, and steal all their cash, what a buncha fucking losers.
im for the 1% even though i'm not quite there yet.
you know why? cuz im going to be the 1%. that is my goal. the 1% gets nothing handed to them. they work for everything.
not just in school or your job. but ALL ASPECTS of life.
you have to go beyond the expectations.
you have to work MORE than you think.
you have to put passion into EVERY ASPECT of your life.
don't make up excuses as to why you suck. that is the REASON you suck.
if you don't put passion into your hobby, how are you expected to put passion into your job?
if you dont put passion into your job, or into those menial tasks such as, doing your dishes, ironing your clothes, folding your bed sheets. how are you expected to run a fortune 500 company?
those moments where you're too tired to do that small task, and you say to yourself "fuckit, i'll do it later (probably not)", thats the difference between the 1% and the 99%.
im not gonna fight the 1%. im going to join them, even if that means stepping on the 99%.
i know a lot of you guys are gonna be like
ohhh, but that rich honger/mainlander whatever (insert rich stereotype in vancouver), got EVERYTHING handed to him.
well no duh shit of course they did, cuz they're the children of the 1%.
now ask yourself, what did their parents do? their parents had to work hard to be that 1%.
their children are a by product of it.
just like your children will be a by product of your laziness. they'll be nobodies, and think like you, just like you, cuz you didnt work hard.
you parents always tell you to study hard, work hard or whatever. its cuz so you wont end up like them. fuckin no bodies. if you can be better person than your parents, even if its just by a little, then you have succeeded. and if you kids can do the same, eventually someone down your bloodline will become the 1%. that's all that matters.
some empires are built in one lifetime, but most arent. it takes generations of handing down knowledge and passion to build something great. some people are lucky, but you can't rely on luck, just like you cant rely on that lotto ticket that sooo many of you do.
Last edited by Death2Theft; 12-03-2011 at 11:22 PM.
So how much hard work are the 1% (less than 1%) who control the banking system doing than anyone else? They create money out of thin air, loan it to you and charge you interest. Thats pretty hard work bro.
How much harder is General Electric working to ensure their coal fired power plants dont get shut down because they contributed to Obamas campaign vs any other power company?
So your solution is if you can't beat the corrupt join them, well that will work for awhile. Heck you'll even feel great about how much harder you worked until someone who hasn't worked as hard as you takes everything from you. Just because they know someone with more power.
Judging from your logic you must be a firm believer and supporter of eugenics as well. If dad works this hard his kids are going to be just as hard working right? No way you'd raise a drug addicted/lazybum, therefore anyone who doesn't work as hard as you shouldn't be allowed to have kids.
Just looking at "hardworking" celeb kids should show you the error of that logic. But you've probally got your head shoved too far up your a$$ to see the error in your ways.
I agree/support hardwork but not when corruption is in play.
Is it some kids fault their parents kicked them out or died at 10? Therefore kid is stuck in life never being able to reach their potential?
There is a bill passed now in the US with a 93-7 vote for any branch of the military to indefinitely detain any suspected terrorist. No trail, no judge just because some guy on a power trip has enough authority to do so. U.S. Senate passes bill in a vote of 93-7 | The City Wire
Next week Harper is signing an agreement to allow US border agents and police to pursue/operate in Canada.
Maybe if you work hard enough buy yourself a pimp pad some storm trooper can say your funded by a terrorist group and take everything you worked for. What will you do then? Find the right guy to blow to get your stuff back?
There are always people who find shortcuts and make the big bucks. For entrepreneurs, they find demands and supply it. For the bankers, they had the knowledge from childhood that these types of the jobs in the big world cities paid exorbitantly, and thus they applied themselves and got in. The knowledge of these jobs, if they didn't read about it in the Internet recently, usually would have come from their social circles or their family friends etc etc. When I grew up in Vancouver attending a public high school, I was under the impression that Dentists/Doctors/Lawyers were the top paid people in society. When I moved to London I met finance types who were out-earning the above professions easily by multiples. The cause of my mindset was not only that the social circles I had had no clue about these types of jobs, but the fact that the public school system's job preparation system (e.g. CAPP) is tailored to only local needs -- that of BC's local economy. Nobody in the school is gonna tell you that Wall St pays big bucks, get the hell out of Vancouver ASAP.
This is another form of wealth passed on over time from generation to generation -- the knowledge of what really makes money etc. It's the same thing where people often say that a Doctor's son will have a much greater % of getting into Medical school -- he will already have known exactly what is needed to do.
The fact that this thread exists, and is attributed to OWS shows perfectly how poorly the OWS people are making their case. This rant has NOTHING to do with OWS, and OWS has NOTHING to do with "those rich bastards get everything".
It is not about 'not having what they have' it is that a few people - bankers (and not the bankers you used to go to school with, but their bosses' bosses' bosses) and politicians FUCKED THINGS UP really bad. REALLY bad. And they KNEW they were doing it. So yes, some people may not be affected by it as much - some formerly hard-working rich people are sure to have been fucked, while the people who were poor to begin with probably won't notice as much. But the point is, there are a few people who are using the country as their own person resource, and it doesn't seem to be 'trickling down' as Reagan used to say. Quite the opposite it seems.
So yeah, there are plenty of whiny bitches protesting, but there really is something fucked up about USA, and it needs to be fixed. OWS doesn't seem to be the best way of getting the message across, from the posts I see here.
This guy hits the nail straight on.
Why do some people earn 5x or way more than others? Because they worked their ass off or used their brain or went to school for 10 years.
How do people afford to live in expensive houses? Because they worked their ass off
ETC.
nobodys complaining about people who make 5x more than others.
they're complaining about the people who make 100+ times more, are consumed with greed to the point where their company goes bankrupt, then gets bailed out with taxpayer money.
I think a lot of people in this thread are really confused on what is going on in the States right now.
It has absolutely nothing to do with "working hard" and those that are "lazy". I work my ass off everyday, but guess what, my career path will never get me into the 1%, no matter how hard I try. And most people's careers, whether they are nurses, or tradesmen, or engineers, or run their own small business, they won't make it to the 1% either. So stop with the bullshit about working hard.
SkinnyPupp and Unit are on the right path. It is all about corporate corruption, politicians continually making the wrong decisions and greed from a very select group of individuals.
There's no denial that a lot of people worked hard to get to where they are. The problem is that some people will take anything to get to the top. This is especially worse in China because if you have even a bit of moral conscience, you would be not be the one climbing up the ladder, so while I admit that a lot of riches out there probably deserve all the $ they earned themselves, there are still many that took advantage of the others.
The issue right now is that most people with power absolutely don't give a shit about what consequences they might bring by doing certain things. I'm not gonna get into all these problems in the banking system but invention of derivatives without a proper regulation in place and people getting awarded for excessive risk taking is what essentially drove the economy into shithole. We just witnessed one recently: MF Global. One person's excessive risk taking pretty much put the careers of all the employees in the firm at risk. And the saddest thing is that this guy will most likely not going to jail because of all the connections he has plus the joke justice system.
"There are three qualities that are important: integrity, intelligence and energy, but if you don’t have the first, the other two will kill you." Except in this case, people with power without integrity aren't killing themselves, but killing the society.
It's unfortunate that today in our society, it's usually the little guys that are trying to do the right things and follow rules that are given the short end of the stick. By no means I support this occupy bullshit move. I worked my ass off to get into a finance field where a lot of people dream of getting into. On the other hand, I don't like hearing people say those riches with power can fck around doing whatever they want because they worked so hard and shit.
Sonick is a genius. I won't go into detail what's so great about his post. But it's damn good!
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