Just had a friend send this to me. I'm sure some of you have seen it as it has somewhere north of 3 million hits, but I figured I'd share anyway.

 

 

 

C

Interesting? Maybe. But who the heck cares. Everyone should have opportunity, but that is where it should end. I have nothing against the guy that makes a hundred million a year, why should I? This is the land of opportunity and anyone can make it big. The problem is so many Americans believe they are owed something and refuse to work. I saw this for years when I owned a laundromat. I had lots of blacks and white trash customers that would **** and moan about how things were unfair and blamed others for their lot in life. I had even more Hispanics that worked hard 18 hours a day seven days a week that were grateful for the opportunity to work and make money. They were pulling themselves up and rather than complain about having to work saw it as a way to improve their lot in life. The problem has nothing to do with wealth distribution as the 0bungler would like you to believe, it has to do with personal responsibility and initiative to get off ones arse.

I have no problem with people being insanely rich. Many people will take this video and use it to argue for Socialist economic policy.. But I think it shows us the consequences of of Socialist and/or corrupt policy.

 

The "Masses" all make within the same range of salaries. That's 80% of Americans, ranging from poor to "rich" (not "ultra-rich").

 

Now, politics pins the Masses against each other in terms of our two political parties, constantly dividing us and causing us to blame the other side for our nation's ills.

 

What happens in the end is that the super-ultra-rich get to pull the strings of politicians because of their influence, and do so to protect themselves (thus, creating the phrase "too-big-to-fail"). My proof lies within the bank bailouts. If a business fails, it fails for a reason. Why save it? Because of corruption and influence...

 

Another piece of proof is the Federal Reserve. This is actually a private branch that gets protected by the Federal government, and freely prints and inflates our currency. All of this "printed" currency goes to either our Federal budget, the banks, or to other nations. We get no say, as our dollar becomes weaker and weaker.

 

Should we tax the rich like hell? I don't think so. Should we cut spending, cut taxes, increase transparency within our government's economic policies, and fight the corruption in which the gov't and ultra-rich protect each other? That doesn't sound like a bad idea to me.

 

I feel like it doesn't really matter which "party" holds office if the gov't continues to manipulate our economy and take away our rights, which is bad for pretty much everyone in the end. Sadly, Half of us will blame Democrats for everything, and the other half will blame Republicans for everything.

 

I apologize if my post violates the "no politics" rule. I believe I am not arguing "politics" or "beliefs" because what I have stated in my post is a brief summary of our country's gov't policy within the past few decades.

Edited March 7, 201313 yr by anactivegrenade

^^^^^^^Very Well Said^^^^^^

I came to this country with a few hundred dollars and I'm now in the top 5% of income. I didn't have a college education either but now I do (but I'm still paying off student loans). The top 5% is misleading because I live in NJ with high cost of living.

 

Absent of mental illness or a genuine reason like a disability, I have no idea how people who are born here go into homelessness and poverty.

I posted this video as I found it interesting. I'm not sure what having this knowledge means, but I like having it. Ultimately it'll probably be useless.

 

C

Most peoples problems with money can be seen in their own mirror, next they need to learn the true meaning of what a Liability and an Asset are and work on Assets and not liabilities they think are assets.

I came to this country with a few hundred dollars and I'm now in the top 5% of income. I didn't have a college education either but now I do (but I'm still paying off student loans). The top 5% is misleading because I live in NJ with high cost of living.

 

Absent of mental illness or a genuine reason like a disability, I have no idea how people who are born here go into homelessness and poverty.

 

You my friend are a refreshing breath of fresh air and I wish you could somehow share your experience with all our liberal democrat "Friends" to teach them a thing or two. My observation has been people from all over the world are dying to get here and once here generally do fairly well. It is the lazy natural born citizens that become dependent on handouts and complain that life is rigged against them.

A long watch, but interesting to hear this man's viewpoints and statistical analysis.

 

Ultimately it'll probably be useless.

 

Actually, it is very useful. It is useful to those that want to argue that "wealth" needs to be distributed for our economic system to be "fair".

 

Thank God their are incredibly wealthy people. They are the ones that invest in companies, hire workers and use their wealth for greater purposes. I suppose if they are smart enough to earn it, they certainly are smart enough to use/invest/spend it well...and make even more.

 

Go wealthy people, go.

I have no problem with people being insanely rich. Many people will take this video and use it to argue for Socialist economic policy.. But I think it shows us the consequences of of Socialist and/or corrupt policy.

 

The "Masses" all make within the same range of salaries. That's 80% of Americans, ranging from poor to "rich" (not "ultra-rich").

 

Now, politics pins the Masses against each other in terms of our two political parties, constantly dividing us and causing us to blame the other side for our nation's ills.

 

What happens in the end is that the super-ultra-rich get to pull the strings of politicians because of their influence, and do so to protect themselves (thus, creating the phrase "too-big-to-fail"). My proof lies within the bank bailouts. If a business fails, it fails for a reason. Why save it? Because of corruption and influence...

 

Another piece of proof is the Federal Reserve. This is actually a private branch that gets protected by the Federal government, and freely prints and inflates our currency. All of this "printed" currency goes to either our Federal budget, the banks, or to other nations. We get no say, as our dollar becomes weaker and weaker.

 

Should we tax the rich like hell? I don't think so. Should we cut spending, cut taxes, increase transparency within our government's economic policies, and fight the corruption in which the gov't and ultra-rich protect each other? That doesn't sound like a bad idea to me.

 

I feel like it doesn't really matter which "party" holds office if the gov't continues to manipulate our economy and take away our rights, which is bad for pretty much everyone in the end. Sadly, Half of us will blame Democrats for everything, and the other half will blame Republicans for everything.

 

I apologize if my post violates the "no politics" rule. I believe I am not arguing "politics" or "beliefs" because what I have stated in my post is a brief summary of our country's gov't policy within the past few decades.

 

agree

Saw the video a while back. Just who is it that should dictate how many people should make how much money? Joe Stalin? Oblabla? Answer: NOBODY.

 

Yah there are some greedy baxterds at the top and lazy axholes at the the bottom. So what??

 

Get a job. Work hard.

It's called CAPITALISM! Hard work and some luck and anyone can make it! Sadly most don't believe in hard work!

I came to this country with a few hundred dollars and I'm now in the top 5% of income. I didn't have a college education either but now I do (but I'm still paying off student loans). The top 5% is misleading because I live in NJ with high cost of living.

 

Absent of mental illness or a genuine reason like a disability, I have no idea how people who are born here go into homelessness and poverty.

 

Thats easy. Most people are lazy.

 

And agreed top 5% isnt exactly ballin out of control if you live in a metropolitan area.

You my friend are a refreshing breath of fresh air and I wish you could somehow share your experience with all our liberal democrat "Friends" to teach them a thing or two. My observation has been people from all over the world are dying to get here and once here generally do fairly well. It is the lazy natural born citizens that become dependent on handouts and complain that life is rigged against them.

 

Been there, done that. They claim that I was born with a gold spoon in my mouth and that I lied about my experiences. Why would I lie?

 

My FIL is another example. Came to this country with nothing, started working low wage jobs and worked his way up. Now he's a multi millionaire. But if you look at him you could see how hard work has taken a toll on his health.

 

I wouldn't say it's strictly natural born citizens. There are many who immigrate to this country expecting a handout or an easy life. Sadly, I have some of them in my own family.

There's nothing wrong with rich people getting rich by creating actual value.

 

We do have a severe problem with a whole class of rich people who get rich skimming off the top, being deceptive, pushing out the leverage to the nth power, setting it up to fail, and then shorting the whole mess they made.

 

Then when that doesn't work out quite right, they kick in with the money creation and you, me, and the rich guy who creates actual value get kicked in the teeth by inflation.

 

 

 

There's nothing wrong with rich people getting rich by creating actual value.

 

We do have a severe problem with a whole class of rich people who get rich skimming off the top, being deceptive, pushing out the leverage to the nth power, setting it up to fail, and then shorting the whole mess they made.

 

Then when that doesn't work out quite right, they kick in with the money creation and you, me, and the rich guy who creates actual value get kicked in the teeth by inflation.

 

I agree but it boils down to outside influence in the political system.

 

People like George Soros and the Kochs shouldn't be able to influence the process so much, for example. They should have just as much of a voice as you and I.