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The Elephant in the Room

  1. Doug Hughes profile image59
    Doug Hughesposted 7 years ago

    And I don't mean the symbol of the GOP. I mean the issue that's behind most of the division and anger.   Money and Debt.

    "These data suggest that wealth is concentrated in the hands of a small number of families. The wealthiest 1 percent of families owns roughly 34.3%  of the nation's net worth, the top 10% of families owns over 71%, and the bottom 40% of the population owns way less than 1%. "

    from  -http://www.faculty.fairfield.edu/faculty/hodgson/Courses/so11/stratification/income&wealth.htm

    But I have seen the same statistic on Ron Paul's web site. Do the research and you will find it's a fact.

    The Net National Debt is 8.2 Trillion and growing. The level of debt is 70% of the Gross Domestic Product, historically manageable - but at some point in time it has to go down or GDP has to grow so significantly that it shrinks the debt as a percent of GDP. Spending has to level off and/or taxes have to rise.

    To me, it makes sense to tax the wealthiest 10% of the population and this is to conservatives - heresy so great that they froth at the mouth at the thought that I might be thinking it.

    IMO it's the issue - the real issue.  Liberals in D.C. are afraid to say out loud 'RAISE TAXES ON THE RICH' and conservatives dance around the fact they worship the aristocracy and are willing start a civil war to defend those fortunes.

    There's lots of rhetoric and posturing about racism and the Constitution and about 'State's Rights' and property rights and socialism and on and on and on. The left and the right both talk in code until the real issue is shrouded. I'm eager to hear your thoughts.

  2. Eaglekiwi profile image78
    Eaglekiwiposted 7 years ago

    My opinion, is that if you put B/S after every statement a politician promises ,then you wont need to ever worry about decoding anything.

    I have never seen a politican or lawyer in prison ,charged yes , but do time , nope.

    Sorry if Im simplifying your post ,just adding my 2cents worth smile

    1. sannyasinman profile image60
      sannyasinmanposted 7 years agoin reply to this

      It happened in Costa Rica recently. They successfully convicted a former President for corruption.

  3. Ralph Deeds profile image64
    Ralph Deedsposted 7 years ago

    The national debt is something worth worrying about. As soon as the economy is in the clear balancing the budget will be a priority. The two big items are the military and Medicare.

    1. RachaelLefler profile image96
      RachaelLeflerposted 7 years agoin reply to this

      Well, then, let's draft all the old people and get them killed in Afghanistan! big_smile (Kidding)

      1. RachaelLefler profile image96
        RachaelLeflerposted 7 years agoin reply to this

        I mean, old people are often seen watching Fox News and saying things like, if I could just get my hands on that Osama Bin Laden... why not give 'em a shot? And get additional troops for the army?

        1. RachaelLefler profile image96
          RachaelLeflerposted 7 years agoin reply to this

          Hahahahaha... I'm evil... big_smile

  4. profile image0
    sneakorocksolidposted 7 years ago

    I say tax the hell out of them! It won't be enough. We need to build up the middle class their the consumers and the tax payers. If we let that slip by I will have some serious concerns about our country.

  5. Rochelle Frank profile image94
    Rochelle Frankposted 7 years ago

    We'd be better off if everybody just got rich. Government makes it nearly impossible for anyone to run a small business.

  6. sannyasinman profile image60
    sannyasinmanposted 7 years ago

    Lets get real and start to face the reality of things. 

    No country with a NWO puppet in charge will EVER balance its budget. This includes the USA, UK, and most of Europe.

    The banksters will keep the countries of the world in ever increasing debt, all the better to control them or when the moment is right, move in and steal their national assets.

    This is no longer a conspiracy theory it is unfortunately, now a fact.

    1. RachaelLefler profile image96
      RachaelLeflerposted 7 years agoin reply to this

      O rlly? Do you have any bloody evidence?

      1. sannyasinman profile image60
        sannyasinmanposted 7 years agoin reply to this

        The evidence is everywhere. Look at the bank bailouts in USA, UK, Germany etc . .money which increased debt in all of these countries by billions, but with no benefit to the countries concerned.

        Look at the situation unfolding in Greece where Goldman Sachs were brought in to advise the government, and helped to hide its financial situation, and increase its debt to unsustainable levels, with the goal of handing the country over to the IMF, which is controlled by the banksters.

        Look at the Federal Reserve. A private company which loans money (debt) to the US Govt, pulls its purse strings, and effectively owns the USA, its economy, and its people.   

        Look at the guest list of the last few years Bilderberg meetings. All the finance ministers of the puppet governments are there. Geitner is a prominent member, as are the finance and foreign affairs ministers from most European countries. These people all work to a common agenda. As one of them said "Politics is too important to be left in the hands of politicians".

        But don't take my word for it, look it up on the Internet for yourself.

        1. profile image0
          LegendaryHeroposted 7 years agoin reply to this

          Do you happen to be an ATS-er?

    2. Sab Oh profile image55
      Sab Ohposted 7 years agoin reply to this