Tag Archives: wealth

99% VS. 1%

8 Nov

With this occupy movement going on, you hear people talking about the 1% VS. the 99%. What really is the 1% or 99% anyway ? So many people relate these terms just to money wealth alone. I would add another angle to the terms. To me the term 1% has at least two elements involved, money and the right connections.

If you have X amount of money and can influence a government (local or federal) to pass any kind of law to fit your needs or your companies needs, then you’re in the 1%. If you have X amount of money yet you do not have any connections to have laws passed, then you are not in the 1%. Look at the entertainment and athletic industries for instance. You take the actors/actresses and musicians and athletes. Do they make a good amount of money ? Yes they do. Can they have laws passed to help their own gains ? I think not.

Now let’s take the movie executives and the owners of sports teams. They have great wealth and have connections to have laws passed to help their own gain. They have local governments give them tax breaks to build new facilities when they can pay for it themselves. They have all kinds of tax exempt laws in their favor, or they also get revenue sharing and so on. This also goes for big corporations. They get tax breaks to build in towns or cities, yet they make enough money to pay for it themselves.

Do you get tax breaks to build your home in cities ? No you end up paying more or covering their (1%) tax cuts. Personal wealth does not alone make you the 1%. It’s almost like the ones who do fall into the 1% act like the mafia. They are little chickens who have others do their dirty work. The 1% hitmen are the government officials who pass laws to help them out.

When someone who is in the 1% says , ” don’t blame wall street , blame Washington”. They are right to say that to a point. It was Wall street who puts the pressure on their buddies to pass the laws. It is the spineless people in Washington who cave and have the laws passed. These laws only help Wall street, that is why we are ion the mess we are in. The laws are to discourage competition , because the top brass are punks and are afraid of the mom and pop stores.

All of this in this blog post is my opinion, these are not facts. I promote personal wealth, we all need to live and have chances . The 1% have made both almost impossible any more with the laws .

QUOTE OF THE DAY ; Action may not always bring happiness, but there is no happiness without action. ( Benjamin Disraeli ).

The weather is uncomfortable, just like the economy.

21 Jul
The weather in Missouri today is a pain just like the job market. I just keep having the thought of trying to find work run through my head 24/7. When I’m alone I’m not so worried, but when I see my teenage daughter and remember I have no income I get choked up.  I as a grown man want to just scream and ask what is wrong with today’s life style ? It seams as though the ones with money or power ( hire or fire or make laws) think everything is okay. Well in their little bubble it is, but the truth is there is to much GREED and not enough kindness in this world anymore ( and if you say that around those people, they yell “stop talking about class warfare”). Cuzz they know they are doing the rest wrong!!! All of the excuses for not hiring any walking human is a joke. You’re told that ” well at the last job you made twice as much as you will here,so when the market turns around you will leave and find more money.” Well if that’s how a person running a company thinks, shouldn’t that person worry about the 80% of workers he/she has working for him/her that will leave? I can bet all of my $.50 in my sofa cushions that the person thinking like that is treating the company employees pretty crappy. The way these companies have the qualifications anymore 90% of the unemployed don’t qualify. We are either over qualified or under qualified. Or they determine if we can work for them based off of our credit.

WHO IN THE HELL has good credit anymore, other then the top 5%???? If we as grown ups can get the people with power and money to start being kind and nice and not be so greedy ( and think about ME,ME,ME,ME) all the time, maybe just maybe the jobs will come back and more smiles will be walking past you saying,” good morning”. Instead we have yelling, stealing, shootings, lay-offs ,going out of business signs all over, empty buildings ,ran down homes, and two 5 million dollar homes at the top of the mountain ( with the owners drinking $2000 wine) and laughing all the way to the bank. While the rest ( the few who have jobs ) try to figure out how to feed the family and get medicine for the sick child at home. OH and another excuse is “well taxes are to high” Our taxes are at the lowest it has been in decades, yet the unemployment is at the highest since the ’30′s. Canada and Europe have way higher taxes and they have such low unemployment it’s what America should have ( low unemployment).

To me as an unemployed average man, taxes has no conection to workers. Greed has a connection, ” more work with less workers and even less pay” causes high unemployment. If taxes had a connection , unemployment should be at .3% . Instead the “real world” unemployment is close to 15%, not this 9.2% that we hear on the news. Oh well that’s enough for now. I’ll be back on later. I know I have more to say about anything and everything. PEOPLE just need to BE NICE. ‘Change your behavior, and your attitude will follow”.

Follow

Get every new post delivered to your Inbox.

Join 882 other followers