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Report: Rich to get still richer as world inequality grows
Associated Press ^ | Dec 15, 2017 2:36 AM EST | Elaine Kurtenbach

Posted on 12/15/2017 12:36:36 AM PST by Olog-hai

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To: 48th SPS Crusader
He got his money by less than ethical means.

OK, IBM was asking for it at first.

But to knowingly release buggy product, using your customers as beta testers, and calling bugfixes a "service pack" is unadulterated nerve of the first order.

41 posted on 12/15/2017 10:22:05 AM PST by grey_whiskers (The opinions are solely those of the author and are subject to change without notice.)
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To: Sam Gamgee
“Infiltrate and gain control of big business.”

— Communist goal #37
The names are well known to all of us.
42 posted on 12/15/2017 10:31:27 AM PST by Olog-hai ("No Republican, no matter how liberal, is going to woo a Democratic vote." -- Ronald Reagan, 1960)
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To: youngidiot
You should go to work teaching class warfare and the merit of union labor to kids. Go fu*k yourself, left-wing sh*t bag.

Best practices in flame wars dictate that before flaming someone, you go to their homepage to find out more about them, so you can throw that into the insult, too.

If you had done that, you'd have discovered that your accusation couldn't be more wrong.

I wrote the following on FR over ten years ago now.

In other words, I didn't hastily make it up to try to backpedal from anything.

My concern is not wealth: but wealth gained by screwing US citizens in favor of everyone else.

(Vanity) Another Look at Outsourcing

(Vanity) Whither the Economy?

(Vanity) A Falling Tide Grounds All Boats

(Vanity) Peak Labor

(Vanity) Immigration Policies, or, Half-A-Glass

And in case you think I'm in favor of stealing from the rich,

(Vanity) An Analogy to Taxes

43 posted on 12/15/2017 10:36:07 AM PST by grey_whiskers (The opinions are solely those of the author and are subject to change without notice.)
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To: CurlyDave
How in the name of Sam Hill, did you manage to conflate "pay US citizens a market rate undistorted by mass importation of Third Worlders" and "invest the money at interest if you can't figure out profitable business ventures to spend it on"

with

"government confiscation" ?

44 posted on 12/15/2017 10:40:56 AM PST by grey_whiskers (The opinions are solely those of the author and are subject to change without notice.)
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To: CurlyDave
Tell me again about that dingbat Marissa Meyer in charge of Yahoo! who blew $37 million on office parties; about Carly Fiorina, who ran Lucent and then HP into the ground while crowing that "No American has a right to a job!"; the "too big to fail" bank CEOs who required a secret cash infusion of TRILLIONS which is still hidden off-books; or for that matter Roger Goodell?

Look to see how much James Comey (yes, *that* James Comey) got from HSBC; or Dick Fuld, of the now NON-EXISTENT Lehman Brothers (that sure helped the shareholders,didn't it, going bankrupt.)

Or James Kilts, who was the CEO of Gillete for four years and got a severance of $164 million, mainly for selling the company to Procter & Gamble.

Most CEOs are sociopathic thieves.

45 posted on 12/15/2017 10:53:45 AM PST by grey_whiskers (The opinions are solely those of the author and are subject to change without notice.)
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To: Sam Gamgee

Sam,

agree we have nothing near a free market system


46 posted on 12/15/2017 2:33:46 PM PST by vooch (America First Drain the Swamp as)
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To: grey_whiskers

I have owned Yahoo! stock in the past. I sold at a nice profit long before Marissa Meyer.

Other than that, I have never invested in the companies you mention. I once had an opportunity to work for HP, but didn’t, primarily because I perceived their management was poor — I had read about Carly’s antics.

The cure for the ills you describe is stockholder oversight, not government intervention.


47 posted on 12/15/2017 5:01:45 PM PST by CurlyDave
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To: CurlyDave

You’re the one going on and on about government intervention and then getting upset at that prospect...I’m just busy pointing out that the executives are greedy slime who freely help themselves to others’ money, including shafting both their own employees and would-be employees who are natural-born citizens.


48 posted on 12/15/2017 5:19:55 PM PST by grey_whiskers (The opinions are solely those of the author and are subject to change without notice.)
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To: Olog-hai
The standard of living in the free world is the best that it's ever been and continues to get better.

The less a person is affected by islam, communism, socialism, democrats or liberalism the better off he will be.

I don't care how much someone else has, only how much I have.

Just because someone has more than you doesn't mean they took your stuff.

49 posted on 12/16/2017 9:20:29 AM PST by Eagles6
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To: MadMax, the Grinning Reaper
so, just shut up and take it or else?

the ultra rich got there by crony capitalism....period...

shysters and govt contracts and under the table payouts...

just like the mafia....

50 posted on 12/16/2017 9:24:22 AM PST by cherry
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To: cherry

Gotta love that phrase “crony capitalism”; it tries so hard to make itself sound separate from Lenin’s New Economic Policy, which Red China also practices to a degree.


51 posted on 12/16/2017 9:26:49 AM PST by Olog-hai ("No Republican, no matter how liberal, is going to woo a Democratic vote." -- Ronald Reagan, 1960)
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To: grey_whiskers
you didn't mention that that guy who went from HS to a job in a factory usually always managed to get some if not all his kids into college....

IOWS...upward mobility...something not so common these days...

52 posted on 12/16/2017 9:32:03 AM PST by cherry
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To: central_va
grey whiskers is right absolutely....the system is rigged....

if we could transport ourselves say back to 1947, if two parents both worked, they would be outrageously well off...rich...new cars every year...vacation homes...etc..

yet two parents work now, they still struggle...

wages have been artificially held down while the costs of every thing has increased exponentially....

sure, the costs of TV's and radios and microwaves has come down....but health insurance?...car insurance?...homes?...new cars?...

53 posted on 12/16/2017 9:38:08 AM PST by cherry
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To: Olog-hai
“Infiltrate and gain control of big business.”

And make everything "Big Business" by not busting up monopolies.

54 posted on 12/16/2017 9:40:06 AM PST by dfwgator
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To: Sam Gamgee
" I don’t think capitalism is the culprit. Crony capitalism is."

exactly!!!!

when you have a big oil guy in Oklahoma able to donate money to Obama and get a nice multiple million dollar solar company up and "going" from free money from the govt(taxpayers)and then bankrupt the company and lay off the workers and STILL not pay the govt back, there is something seriously wrong with the system..

55 posted on 12/16/2017 9:42:42 AM PST by cherry
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To: Eagles6
You've got the accusation backwards. The Commies say, "He's rich, so that's prima facie he took your stuff."

The people on this thread are saying, "He sent your job to a third world country to reduce costs, and pocketed the difference, instead of passing on the savings(*). And when that wasn't enough, he brought the Third World to the US to,undercut domestic wages, too. And he did either not knowing, or worse, not even caring, that the Third Worlders would bring crime with them, ruining your neighborhoods, *and* jacking up your taxes to pay for all the new social programs they'd require, and *that's* how he got rich."

Case in point: sneakers. Labor and materials sure as hell don't cost $150/pair. You'll say, market forces, that's what he can charge, start your own sneakers factory. But that's changing the subject, Mr. Lying Globalist scum--the high price proves the cost-cutting was not necessary to compete on price: so the cost cutting *must* have been due to naked inhuman greed. QED.

56 posted on 12/16/2017 9:47:57 AM PST by grey_whiskers (The opinions are solely those of the author and are subject to change without notice.)
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To: grey_whiskers
I was speaking in general as to the truths of freedom and liberty.

You are absolutely correct in your statements.

There are businesses, I.e., men who know how to play the "game".

They will use slave labor, illegal aliens or duplicitously use government subsidation to undercut honest American businessmen.

"Our Constitution was made only for a moral and religious people. It is wholly inadequate to the government of any other." - John Adams"

This also applies to our economic system.

If someone loves Mammon rather than God and his fellow man he can take advantage of the freedoms of our system.

We need look no further than many of our elected officials.

Merry Christmas!

57 posted on 12/16/2017 2:02:50 PM PST by Eagles6
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To: Eagles6
And a Merry Christmas to you and yours, including the largest goose from the market, courtesy of one Mr. sceooge. ☺

"God bless us every one!"

58 posted on 12/16/2017 3:08:37 PM PST by grey_whiskers (The opinions are solely those of the author and are subject to change without notice.)
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To: grey_whiskers

Thank you. ;-)


59 posted on 12/16/2017 8:53:35 PM PST by Eagles6
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