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The Sun's not yellow it's chicken

JTEM whining about this & that, plus the secrets of the universe and the occasional chicken recipe.

Posts tagged Economics

May 21 '13

View comments Tags: jobs working class middle class wages salary income hourly money economics economy earnings impeach Obama nobama corporatist slave to the 1% wall street screwing you over throwing ordinary Americans under the bus senate legislation

May 20 '13

11 notes View comments (via moofles & jtem)Tags: Nobama put a democrat in the Whitehouse impeach obama impeachment President Joe Biden economics economy corporatist not a capitalist reaganite reaganomics trickle down crumbs supply side backwards socialism robbery theft gutting America working people middle class

May 20 '13

princelytreasures:

imagejtem replied to your post: I really wish people would distinguish between the…

I wish people would get a clue and understand there is no difference, as far as exploitation by the 1% goes…

A woman who cleans toilets for a living and a tenured professor aren’t ‘just as exploited’. 

Clueless…

On average, the full professor in the U.S. is outside “Middle Class,” earning more than $110,000 a year as of 2011.  As of 2010, less than 12% of HOUSEHOLDS earned more than $100,000 each year, and “Household” income would include all working members of the household. Which means, in quite a few of those households (most of them?) nobody would be earning anything approaching that amount. 

So while they wouldn’t be considered “Middle Class” by anyone besides Obama & Mitt Romney (both had $100K AND HIGHER included in their “Middle Class Tax Cut”), they are also victims of the 1%.  They’re outside the top 90(plus) percent and so have actually LOST economic ground to the top 1% in recent years.

Put another way:  They would be natural allies in the fight against income disparity, yet you insanely set them against your goals.

Dumb.  Really, really dumb…

6 notes View comments (via princelytreasures)Tags: income inequity money assets economics economy middle class earnings earners $100 thousand median median income average mean mode statistics crazy wannabe revolutionaries enemies of themselves divide and be conquered the 1% professor and mary ann

May 20 '13

Politics 101: STOP believing your own propaganda!

arguspanoptikos:

“ECONOMISM The reduction of social and political goals to their economic dimension, characteristic of Western ideologies. Economism is an offshoot of the


This is senseless.  It’s not even an argument, it’s a naked (not to mention unsubstantiated) claim.  There is not so much as an attempt to support a word of it…

Economics is a fact of life.  Period.  You can’t have civilization without it.  Period. Ancient Egypt, for example, didn’t even have money per se — coins — until the Great Pyramid of Giza was already 2,000 years old or so, but they still had an economy, they still relied on economics and there was still asuch a thing as economic disparity.

Economics are a bit like the Atlantic ocean, Elm trees or gay people in that they exists whether you “agree” with them or not.  Economic forces are at play whether you think they should be or not, and they shape a society whether you accept this fact or invest every last ounce of mental power into denying the bleeding obvious.

Now, that said you’re not entirely wrong, only mostly wrong.  We have lost our focus in this nation, we have lost our “economic” senses in the sense that everyone & everything is geared NOT to the lives of people but to some big, nameless, faceless “Economy.”

Put another way:  The focus is 100% on “economic indicators” — statistics — and not people.

They tell us that the economy is great, that we’re out of a recession even when tens of million are unemployed and tens of millions more or earning LESS.  And that’s because “The Economy” grew, even if fewer & fewer people are sharing in any of that growth.  It’s the corporatist mentality, the “Bucket” problem.

Corporate America will give execs a “Bucket” to hit, a goal — a number they have to reach.  Often this is a stock price.  Most execs will move hell or high water to hit their “Bucket”  — reach their goal — and rake in a hefty bonus.  To do this they’ll lay waste to employees, customers, other departments within the company and ultimately the future well being of the company itself.  But they’ll have long since cashed their check so what do they care?  And if there’s something wrong with what they’re doing then it’s their bosses fault (or the board) for not clarifying…

The corporatists who run our government think “Economic growth is good” and so the economy grows and then they pat each other on the backs for a job well done… ignoring the fact that 90% of the nation just lost ground…

Fact is that our economy could easily shrink — recede — some 20% or more and we might still be a lot better off… if, say, they richest 1% lost most of their money (about 40% of the economy) and half of that went to “The Bottom” 90% of Americans.  

So in this sense you might be right in that “Economics” have taken on a life of their own — and have supplanted living — but you’re totally wrong if you think the problem isn’t an economic one, or that the solution doesn’t center on economics.


Again, economics exists.  Period.  Economics are important.  Period.  Economics is power, it’s political stability and it strength.  Period.  This has been true in all of human history, going back BEFORE money was invented, and it will remain true no matter what.  Period.

(Source: werewolvez)

18 notes View comments (via arguspanoptikos & werewolvez)Tags: economics power always existed always will exist money employment jobs economy health this isn't star trek coins slavery ancient egypt profit growth stability politics security

May 14 '13
arguspanoptikos:

reactionism:

Do these people not understand they can just… redistribute their wealth themselves?

Absolutely they should redistribute their money themselves if they feel that strongly about giving away some of their wealth. Why let the government take the money and waste it all paying off debt and supporting its bloated bureaucracy. Form a big foundation and do something constructive with it—don’t just throw it down the entitlement black hole.

What you people are missing is the fact that the oil (gas, coal, lumber, etc) industries ARE a redistribution of wealth!  Most of it comes from public lands & waters.  These corporations are literally taking what belongs to everybody and putting it into the pockets of the already rich.
Bush gave away more than $1.5 trillion to big business — gave it away, “Bailout” money — and didn’t tie a single cent of it to jobs.  Money flowed…  Gushed into the pockets of the already rich.  “Risk” was erased from investment, for the super rich.  
It takes a lot more ideological insanity to NOT see the massive redistribution of wealth — INTO the hands of the already wealthy — than it does to see a need to redistribute wealth to the poor. Except for a small reprieve under Bill Clinton, the trends since Ronald Reagan have been appalling.  Poverty has grown.  Wealth has been flowing UP, concentrating in the wealthiest. 
Since Reagan’s second term began young adults in America have lost two-thirds of their net worth, even as the rich have grown richer.
Thanks to Reagan, the system aligned itself to the benefit of the rich and wealth became concentrated in the top one-third.  By the time Bush left office everything was down to the top one-fifth, and as of right at this moment we’re below one-tenth.
DECLINES FOR THE LOWER 93%.
Where is this money coming from?  Ordinary Americans. 
Working people are taxed to pay for the bad decisions of billionaires, as well as to subsidize Mitt Romney’s tax bill. 
When the so-called “Mortgage Crisis” hit the government handed out hundreds of billions of dollars to big corporations, the government redistributed wealth to help the rich.  But when Joe Biden suggested spending a FRACTION of that to save the home owners, to keep them from going under and losing their homes, the Reich wing went mental:
Taxpayers could make their money back in the long run if less people default, but that does not mean there won’t be short-term costs. 
That’s right, they admit that it wouldn’t actually cost anything to help ordinary Americans (unlike the bailouts for corporations), but they’re not rich!  Screw them!  We need to tax these schmucks so we can give more to Bank of America, not help them keep a roof over their heads…
Idiocy.

arguspanoptikos:

reactionism:

Do these people not understand they can just… redistribute their wealth themselves?

Absolutely they should redistribute their money themselves if they feel that strongly about giving away some of their wealth. Why let the government take the money and waste it all paying off debt and supporting its bloated bureaucracy. Form a big foundation and do something constructive with it—don’t just throw it down the entitlement black hole.

What you people are missing is the fact that the oil (gas, coal, lumber, etc) industries ARE a redistribution of wealth!  Most of it comes from public lands & waters.  These corporations are literally taking what belongs to everybody and putting it into the pockets of the already rich.

Bush gave away more than $1.5 trillion to big business — gave it away, “Bailout” money — and didn’t tie a single cent of it to jobs.  Money flowed…  Gushed into the pockets of the already rich.  “Risk” was erased from investment, for the super rich. 

It takes a lot more ideological insanity to NOT see the massive redistribution of wealth — INTO the hands of the already wealthy — than it does to see a need to redistribute wealth to the poor. Except for a small reprieve under Bill Clinton, the trends since Ronald Reagan have been appalling.  Poverty has grown.  Wealth has been flowing UP, concentrating in the wealthiest. 

Since Reagan’s second term began young adults in America have lost two-thirds of their net worth, even as the rich have grown richer.

Thanks to Reagan, the system aligned itself to the benefit of the rich and wealth became concentrated in the top one-third.  By the time Bush left office everything was down to the top one-fifth, and as of right at this moment we’re below one-tenth.

DECLINES FOR THE LOWER 93%.

Where is this money coming from?  Ordinary Americans. 

Working people are taxed to pay for the bad decisions of billionaires, as well as to subsidize Mitt Romney’s tax bill. 

When the so-called “Mortgage Crisis” hit the government handed out hundreds of billions of dollars to big corporations, the government redistributed wealth to help the rich.  But when Joe Biden suggested spending a FRACTION of that to save the home owners, to keep them from going under and losing their homes, the Reich wing went mental:

Taxpayers could make their money back in the long run if less people default, but that does not mean there won’t be short-term costs.

That’s right, they admit that it wouldn’t actually cost anything to help ordinary Americans (unlike the bailouts for corporations), but they’re not rich!  Screw them!  We need to tax these schmucks so we can give more to Bank of America, not help them keep a roof over their heads…

Idiocy.

38 notes View comments (via arguspanoptikos & reactionism)Tags: taxes redistribution of wealth economics bailouts tax income tax freebee for the rich mitt romney reaganomics voodoo economics trickle down supply side idiocy never worked can't work reagan bush obama nobama impeach obama President Joe Biden

May 7 '13

Evil Rich People Propaganda!

destroy-capitalism:

whatiscapitalism:

Last week, according to my analytics, over 10,000,000 people viewed my pro-capitalist memes, content, articles, and statuses.

At least 3 people have accused me of being “financed” by the billionaire Koch brothers. People are oddly paranoid. The notion of wanting prosperity through economics and respect for people — privileged or not — is beyond them.

How sad. Maybe this generation will “get it”, and focus on maximizing liberty.

There is no liberty in working for a wage in a dark factory. What is so hard to understand about that? People don’t have liberty in capitalism.


What both you idiots haven’t figured out is that it’s all about “Opportunity,” and for most people we are all shut out from opportunity.


The real wealth in America is in the natural resources:  Coal, oil, natural gas, lumber, water, gold, silver, etc…

Most of it lies on public lands — it’s land owned by “Everybody” — which is exactly identical to land being owned by nobody.

Anyhow, there’s trillions in wealth locked up in America’s natural resources — everything from the minerals to the real estate itself — and you have ZERO opportunity to get any of it.

You can’t get an oil lease.  Countless billions are at stake, oil is “Stable” at over $80 a barrel right now, 6.5 million barrels each and every day totaling well beyond half a billion dollars (cash) EVERY DAY, and that’s just for oil.

     …and you’re not allowed to have a crack at a single dime.

What would Joe or Jane average American do with an oil lease?  Why, that’s easy:  They’d subcontract to the highest bidder!  A dollar a barrel… $10… whatever they were offered — they “subcontract” to Exxon or BP (or anyone else), who in turn pays them a royalty for the privilege of exploiting the oil lease in their name.

Everybody wins.

Every citizen has the same opportunity, the same chance to win a lucrative concession, the government gets it’s money and even the oil (coal, gas, etc) company still makes a killing. 

But this is “Crazy Talk.”  Equal opportunity is “Crazy.”  So real estate worth hundreds of billions flows into the hands of insiders… oil and gas leases magically appear in the hands of the rich & powerful…  well connected insiders even won “The Right” to build a wind farm in a marine sanctuary… 

Don’t believe me?  Google it.  Nantucket Island off the coast of Massachusetts.  Some rich & powerful cronies wanted to start a wind farm but didn’t want to buy any real estate for their business. Next thing you know, it’s “Anti Business” to deny them their “Right” to build in a marine sanctuary.  Think of this:

If it was such a good idea, if a wind farm was something the state needed, the people needed, shouldn’t the concession be open to EVERYBODY?  How is it even possible that the debate could ever come down to either a very specific group of rich & well connected insiders getting a concession or nobody at all?  And why a marine sanctuary of all places?

America is supposed to be the land of opportunity, and instead it’s been looted by the chosen few.  Bring back equality.  Bring back fairness.  After that, let’s start talking economics.  Because without equality it doesn’t matter what system you have — it’s always going to be the top exploiting everyone else.

18 notes View comments (via destroy-capitalism & whatiscapitalism)Tags: economics exploitation opportunity liberty freedom government resources natural resources mineral wealth water oil coal iron copper etc leases lease concession wind farm marxist cronyism crony insider looting theft rigged

May 6 '13

Social Justice. Hahaha.

destroy-capitalism:

whatiscapitalism:

The left is freaking out that I think being born out of wedlock is an economic problem for children.

Economics be damned! We have a different narrative to push!

I don’t care if there are hundreds of thousands of pages of studies and guides explaining that my socio-economic view is wrong.

I’m a Tumblr leftist, and I’m here to save the oppressed!

Children being born to single mothers is an economic problem because capitalism is a problem, dipshit.

Well, no.

“Capitalism” is inescapable.

You’ve got more wheat than you know what to do with?  You might trade a ton of it for a new jacket.  But if you’ve got barely enough to feed yourself chances are you wouldn’t let a handful go in exchange for a small pile of gold…

That’s capitalism.

The problem with capitalism is that it’s vulnerable in its natural state.  You can think of it like a farmer’s field:  Let to nature it’ll be consumed by vermin and overgrown with weeds, trees and everything else.  It needs to be tended… REGULATED. 

That’s the problem with capitalism.

The problem with two-bit revolutionaries is that they mistakenly believe the forces of capitalism and it’s problems go away because they say they don’t “Believe in it.”

It doesn’t work that way.

China, Cuba or the old Soviet Union had winners & losers, rich & poor and people trading commodities, influence, positions… ANYTHING.  If people want it, if people are willing to give up something for it, you have the forces of capitalism at work.  Which means, yes, you ALWAYS have the forces of capitalism at work.  Always.  Everywhere.  Under every last system ever devised by man.

48 notes View comments (via destroy-capitalism & whatiscapitalism)Tags: capitalism is real forces market power selection influence desire money economics economy movement goods services commodities labor value exchange marxist mental case or nut job regulation

Apr 24 '13

nohomocide:

wheres the fandom for desperate housewives

Stuck in the Bush years.

2 notes View comments (via nohomocide)Tags: Desperate Housewives Laura Bush Lynne Cheney Second Bush Disaster Bush II Dubya I Obama is Bush III Dubya II economics iraq war 911 WTC World Trade Center give aways to the rich reaganomics with a vengence disaster for America great for the 1% TV Television series