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TranceAddict Forums > Other > Political Discussion / Debate > Super rich are $300 billion lighter
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Barack5
Junior tranceaddict



Registered: Oct 2009
Location: Chicago, USA
Super rich are $300 billion lighter

quote:
The financial crisis cut the net worth of the nation's 400 most wealthy individuals to $1.27 trillion this year, according to published list.


I would not even call the Obama administration progressive or interested in money distribution. Some call it that.

This is a good deal for us middle class folks. Obama says he would prefer to spread the wealth around.

It's interesting the way they would go about it.

http://money.cnn.com/2009/09/30/new...019[URL]http://

Old Post Oct-01-2009 03:59  United States
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Clovis
techno jungle shit



Registered: Apr 2004
Location: Los Angeles

Oh the humanity


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Old Post Oct-01-2009 23:52  France
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ziptnf
Programming your future



Registered: Jun 2008
Location: Louisville, KY

Should be more.


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Old Post Oct-02-2009 00:28 
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Comrade Stalin
Uncle Joe



Registered: Sep 2009
Location: Purging Traitors

The value of their holdings may be down but the top 1% still own the bottom 95%.

Old Post Oct-02-2009 01:29 
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Capitalizt
Supreme tranceaddict



Registered: Feb 2005
Location: USA

quote:
Originally posted by Comrade Stalin
The value of their holdings may be down but the top 1% still own the bottom 95%.


Except the wealth pie isn't static, so stats like this are utterly meaningless.

Old Post Oct-02-2009 06:29  United States
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Comrade Stalin
Uncle Joe



Registered: Sep 2009
Location: Purging Traitors

quote:
Originally posted by Capitalizt
Except the wealth pie isn't static, so stats like this are utterly meaningless.


Wealth gap

Old Post Oct-02-2009 18:34 
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Darkarbiter
Psysnob



Registered: Mar 2007
Location: Melbourne

quote:
Originally posted by Comrade Stalin
Wealth gap


What about the wealth gap under stalinism and the rampant corruption :P

Also doesn't that figure also sortof depend on how many ceo's there are. Just because there are less companies around so they ceo's get payed a bit more doesn't make workers worse off. Number of CEO's in that graph and test conditions (is there a minimum size of a company for a ceo to be concidere a ceo?) are required to be able to judge this effectively.


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Old Post Nov-06-2009 05:48  Australia
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Comrade Stalin
Uncle Joe



Registered: Sep 2009
Location: Purging Traitors

quote:
Originally posted by Darkarbiter
What about the wealth gap under stalinism and the rampant corruption :P


I created a classless society you capitalist pig! My NKVD will re-educate you.

quote:
Also doesn't that figure also sortof depend on how many ceo's there are. Just because there are less companies around so they ceo's get payed a bit more doesn't make workers worse off. Number of CEO's in that graph and test conditions (is there a minimum size of a company for a ceo to be concidere a ceo?) are required to be able to judge this effectively.


So are you implying there is no increasing wealth gap? I didn't conduct the study, so I am not the one to ask about how the study was done. Nonetheless, I think the study was well done, conducted with academic diligence.

Old Post Nov-06-2009 18:20 
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Darkarbiter
Psysnob



Registered: Mar 2007
Location: Melbourne

quote:
Originally posted by Comrade Stalin
I created a classless society you capitalist pig! My NKVD will re-educate you.

Well your NKVD already killed the guy in my avatar (I bet you don't event know who he is

and it's abundantly clear from my arguments that I'm neither capitalist nor a pig. Unless ofcourse you're one of those anarchists who think's the POUM were "fascists in disuguise"


quote:
Originally posted by Comrade Stalin
So are you implying there is no increasing wealth gap? I didn't conduct the study, so I am not the one to ask about how the study was done. Nonetheless, I think the study was well done, conducted with academic diligence.

Well I'm not sure, I'm just unsure of the interpretation of statistics so something like that I'm wary of.


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Old Post Nov-06-2009 21:55  Australia
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Lira
Ancient BassAddict



Registered: Nov 2001
Location: Brasilia, Brazil

How on Earth...? Oh, well, if you're not a bot, please reply to this message and say something about Uzbekistan that makes sense. If you ignore this message and continue posting, I'm going to conclude you're indeed a bot.


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Old Post Nov-07-2009 15:12  Brazil
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Barack7
tranceaddict in training



Registered: Nov 2009
Location: Chicago

youre a fucking laijsoir ealnsfd fso in bgj;alk

Old Post Nov-16-2009 18:23  United States
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