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Forum Post: Park Avenue: money, power and the American dream - Why Poverty?

Posted 10 years ago on May 14, 2013, 7:12 a.m. EST by factsrfun (8310) from Phoenix, AZ
This content is user submitted and not an official statement

Here’s a link to the 60 minute documentary, well worth the time.

(it's not a "60 Minute" doc it's just I wanted to let you know it's about 59 minutes long)

http://www.youtube.com/watch?feature=player_embedded&v=6niWzomA_So

Update II

Edited to move some material to it's own post so as not to distract from this important documentary.

Update 05/24

http://www.newyorker.com/reporting/2013/05/27/130527fa_fact_mayer?currentPage=all

85 Comments

85 Comments


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[-] 7 points by shadz66 (19985) 10 years ago

Everyone Needs To Watch This Doc. Film !! Period.

There'd be a revolution tomorrow morning if everyone in The U$A watched this documentary (perhaps in conjunction with ''Inside Job'' : http://vimeo.com/24981578 ) but really this doc. on this important OP - ''Park Avenue : Money, Power and The American Dream - Why Poverty?'' ... is A MUST WATCH !!!

This is as excellent a doc. film as I have ever seen posted here and is important on many, many levels.

I can NOT recommend it enough. It is going to be an hour very well spent for anyone @ OWS & beyond.

radix omnium malorum est cupiditas...

[-] 3 points by Builder (4202) 10 years ago

Here's Inside Job without the subtitles, Shadz.

http://vimeo.com/20853241

[-] 4 points by shadz66 (19985) 10 years ago

Excellent, high quality link. Took a li'l time to cache but that is probably down to my old 'puter. Thanx 'B' & here's one back to you : http://www.informationclearinghouse.info/article34973.htm .Solidarity mate :-)

pax ...

[-] 3 points by Renneye (3874) 10 years ago

Bookmarked for later. Worth a second viewing. Perhaps even tonight! Thanks Builder!

[-] 0 points by shoozTroll (17632) 10 years ago

http://occupywallst.org/forum/1-own-everything-including-supreme-court/

You should see this one too.

Smartest guys in the room.

http://www.youtube.com/watch?v=cLmWtD8_i-U

The story of Enron.

[+] -4 points by AlwaysWillBeAlwaysRight (-72) 10 years ago

Inside Job has been debunked, beheaded, and shown to be nothing but really bad pseudoscientific based "journalism". It's a lame conspiracy theory promoted by right wing shills. Even a child could recognize the logical fallacies that prevail all over this film. It's designed to make you waste your time by detracting you from real problems in the government.

[-] 2 points by Middleaged (5140) 10 years ago

Admit that not all jobs creation is equal at least. About 26 minutes into Park Avenue the Libertarian or Neoliberal Politician is decrying the regulations that might be holding back corporations, saying that regulations kill jobs.

Well, regulations discourage Fraud. Laws discourage Fraud. You can't stop unsafe labor practices. You can't stop environmental damage, damage to waterways, damage to the water tables and aquifers, damage to the land, or prevent toxic spills.

But you can have regulations, staff offices with regulators, provide regulators with a budgets to inspect, make fines, take corporations to court, educate the public, educate government.... and **This reduces Crime, Fraud, Safety Issues, Toxic Pollution, and some of the Human Greed.

You have to admit humans are greedy and envious. People Steal, people rip other people off, people pass on big expensive messes to either taxpayers, private owners, other Investors, or someone else.

What you don't protect against Greed?

You think a Posse or a Lynch Mob will ever be able to keep your bank honest?

You think your neighbors are sophisticated enough, have unlimited travel expenses, have unlimited time, and have unlimited money to stop White Collar crime? I mean what we have over 100 Million adults in the USA who could be creating toxic spills, stealing from businesses, embezzling funds, or engaging in Identity Fraud.

You want to deregulate Identity Fraud??? Are your neighbors going to catch the Identity Fraud Crooks?

[-] 1 points by DKAtoday (33802) from Coon Rapids, MN 10 years ago

Proof Positive U AlwaysWillBe a clueless idiot that is AlwaysRight ready ripe(?) for commitment to a mental health facility.

[-] -2 points by AlwaysWiIlBeAlwaysRight (-82) 10 years ago

Nope, just proof that I made a mistake and admitted it. That's called being human.

http://occupywallst.org/forum/park-avenue-money-power-and-the-american-dream-why/#comment-971603

Who else are you going to attack today? Is shooz ready by your side for more mob attacks?

[-] 1 points by DKAtoday (33802) from Coon Rapids, MN 10 years ago

U make quite a few mistakes - in fact every time you say something - U R a poison peddling Shill. Poor at Ur job but still just a shill.

[-] -3 points by AlwaysWiIlBeAlwaysRight (-82) 10 years ago

We all make many mistakes. That's called being human.

[-] 1 points by DKAtoday (33802) from Coon Rapids, MN 10 years ago

Ur's is you try to spread disinformation misinformation poison - do a very poor job of it and get called out 4 it. Then you jump into some BS to try to deflect. Hence your theme song - http://www.youtube.com/watch?v=mwAcr-S1LSw

[-] 1 points by shoozTroll (17632) 10 years ago

Is that why you picked such a highly inaccurate nameplate?

So you could admit to a mistake?

Who did you come to attack today?

A list would be nice.

[-] 1 points by Builder (4202) 10 years ago

Show me the debunking again.

[-] -3 points by AlwaysWillBeAlwaysRight (-72) 10 years ago

Sorry, got confused with the film "9/11 an Inside Job".

[-] 3 points by Builder (4202) 10 years ago

No conspiracies allowed here, mate.

[-] 4 points by shadz66 (19985) 10 years ago

LOL !!! Note his familiarity with & devious duplicitous desire to push, that which he ostensibly claims to abhor !! With the concepts of 'projection and transference' uppermost & his last words here echoing, fyi :

More importantly and arguably worthy of the 'C' word in its own way and in an 'Onyer Aussie Stylee' :

verb. sat. sap. ...

[-] 3 points by Builder (4202) 10 years ago

Thanks Shadz. You might have time to work with this info. I'm a tad bizee at the mo. http://www.wakingtimes.com/2013/04/23/who-is-trying-to-patent-marijuana/

[-] 4 points by shadz66 (19985) 10 years ago

Nice link. I liked it & like it too ;-) ======##~~' (~;~) & ~{:-p) & here's one in compliment :

defence de fumer, lol ...

[-] 2 points by beautifulworld (23772) 10 years ago

I just put on the documentary in the post, "Why Poverty," and opened my Chinese fortune cookie, 'cause I just had Chinese food....and the "learn Chinese" word is "Greedy!" LOL. Had to share that. And, the fortune says "The bottom of the ladder is crowded, there's plenty of room at the top."

[-] 4 points by shadz66 (19985) 10 years ago

Hmmm ... Karmic coincidences aside, I append in solidarity and in compliment to the excellent doc. :

''The New Pay-As-You-Go Landscape of American 'Democracy''' & ...

''Essential public services are cut in order that the wealthy may pay less tax. But even their baubles don't make them happy''

multum on parvo ...

[-] 4 points by beautifulworld (23772) 10 years ago

"In order to grant the rich these pleasures, the social contract is reconfigured. The welfare state is dismantled. Essential public services are cut so that the rich may pay less tax. The public realm is privatised, the regulations restraining the ultra-wealthy and the companies they control are abandoned, and Edwardian levels of inequality are almost fetishised." Monbiot.

"There is an important backdrop to all of these changes, and that's the increase in income inequality in this country. Just as the incredibly wealthy are given the freedom to flood the political system with money, they've got more and more money to spend. Our lopsided economic recovery affords a glimpse of that growing inequality gap: from 2009 to 2011, the average wealth of the richest 7% of American households climbed by almost 30%, while the wealth of the remaining 93% of households actually declined by 4%. (So much for that “recovery.”)" Kroll.

[-] 5 points by shadz66 (19985) 10 years ago

''A quiet revolutionary struggle is brewing in the minds of the US "millennial" generation, those 80 million Americans between ages 16 and 34. They are wrestling with the fundamental edict of capitalism: Buy and you shall be happy. The millennials have not rejected consumerism, but they have also not embraced it fully. They experience its very real downsides - that also afflict millions of older Americans and go to the heart of capitalist sustainability and morality.'' from :

Thanx for your excellent excerpts from those two exceptional articles in my previous comment and am appending the article here to again bump this post so as to further facilitate the viewing of the excellent forum-posted video doc. :

Finally bw & sorry for the link storm, an item that speaks for itself :

e tenebris, lux ...

[-] 2 points by beautifulworld (23772) 10 years ago

"What is the solution for Americans unhappy with consumerism? Many are beginning to make changes in their personal lives. Students are starting to grow food in gardens at their universities. Many Americans are living closer to work, so they can walk or bike to the job. Some are looking for companies offering the choice of shorter work hours, which liberates them from the work-and-spend treadmill. Some are joining the "share economy," where they share things - Zip cars and bikes - with others. Many are "downshifting" to a simpler life." From Derber.

There is true happiness in simplicity. Less is actually much more.

[-] 4 points by shadz66 (19985) 10 years ago

"The Eve of Destruction - Humanity Imperiled : The Path to Disaster'', by Prof. Noam Chomsky :

''For the first time in the history of the human species, we have clearly developed the capacity to destroy ourselves. That’s been true since 1945. It’s now being finally recognized that there are more long-term processes like environmental destruction leading in the same direction, maybe not to total destruction, but at least to the destruction of the capacity for a decent existence.''

Thanx for your very telling excerpt & ignore 'ProlemCauser' below and his insidious whisperings - he has a rare talent for trying to talk whilst wearing his ass as a hat and who is, as a purveyor of ''BS'' - 2nd to none on this forum. In that context of course, he is an authority on ''BS'' but strangely NOT of his own !!

verum ex absurdo ...

[+] -4 points by ProblemSolver (79) 10 years ago

That's just BS !

There was a time one person worked in a household to maintain the family .. but than the greedy middleman kept raising his prices and forced a two person working family .. now they want us to walk to work ! what's next !

BW , you really are on the wrong side of this fight.. there is no doubt.

[-] 1 points by MsStacy (1035) 10 years ago

There are also "greedy" consumers where both adults in the household work to afford more useless toys. The problems in society are everyone's fault.

[-] 0 points by shoozTroll (17632) 10 years ago

In that time your are describing, unions were on the upswing.

Participation was strong and so were the regulations protecting them.

Both were growing stronger by the year.

It's not so anymore.

Do I need to explain to you how that happened?

You should ask yourself why you hate them.

Union YES!

[+] -4 points by ProblemSolver (79) 10 years ago

I understand the need for people to stand together , but, Unions tend to attract a very low quality of people .. take you for example ..

[-] 0 points by shoozTroll (17632) 10 years ago

So you hate them, because I was in one?

That's silly.

My statement above, still stands as true, in spite of that.

In fact, your statement to me, punctuated with an insult, kind of denied the truth in that statement.

Proper collective bargaining can, in effect, place a profit cap on things.

It was very efficient for all the years they were respected.

As unions grew and fell, so did the middle class, and that's NOT a coincidence.

[-] -2 points by ProblemSolver (79) 10 years ago

It is also not a coincidence that as unions demanded higher wages and benefits .. more jobs went over seas .. just saying ..

[-] 0 points by shoozTroll (17632) 10 years ago

GATT did that, not unions.

Such a handy yet ill informed excuse.

Whatever though. when they went away.......Wages and benefits, fell like rocks.

Not to mention, defined retirement packages for workers.

The CEOs still get their golden parachutes.

I'm just sayin'.

Unionization actually helped limit off shoring in many industries.

At least in the few that are left.

KaPLoop went the middle class, without unions.

[-] 1 points by DKAtoday (33802) from Coon Rapids, MN 10 years ago

But even their baubles don't make them happy''

As they live an empty life.

[-] 3 points by Middleaged (5140) 10 years ago

Take Jack Abramoff, Please as an example. He says he is reformed, but we may see him try to get back in the Game. But these top level players could be reformers, whistleblowers in an indirect way by revealing the inside techniques, and they could join Lawyers like William K. Black to either create legislation, strengthen enforcement, or expose Fraud.

I guess that is where I am going with this. Watching Park Avenue, I am up to 16 minutes in.

1) We know there are people convicted of Fraud who have information about Finances
2) We know there are Lawyers like William K. Black, Eliot Spitzer, ... please add names if you know others
3) We know a hand full of Congressmen that seem offended and honest about Fraud and Corruption
4) We know there are a hand full of Reporters that Investigate Financial Fraud, Government Corruption, and Government Policy & Regulation
5) We know the Internet is till Free for the Time Being although monitored & Recorded.
6) We know there are tools although voting does not work
7) We know there are Watchdog Groups and we could help pass info.

How can we use what we got to blow the lid off of corrupt practices in government??

I say Government is the Problem if it is not Enforcing Strong Rules.

I say that Conservative Business Practices are EVEN more IMPORTANT for all Politicians to Follow... than businesses. Conflict of Interest is the Root of Corruption. Financial Conflict of Interest is the Root of Congressional Corruption. Pass it on.

But Career Progression Corruption is the Worst, Deepest, most Insidious, Broadest type of Corruption that roots deep in all US Institutions, Foundations, Think Tanks, Universities, Corporations, and Governments. Pass it on.

Crony capitalism and the Promotion of Ideology doesn't work if career positions are not handed out. It doesn't work if your bonuses don't get bigger or get over $3000 a year. I am amazed that government IRS workers get huge bonuses. This is mind blowing, but they probably keep employees from moving on to new jobs. I don't know how to reform bonuses except if the business lose money it should be Unlawful to hand out bonuses.

What am I missing. How can we Push Strong, Conservative, Business Practices and Policies for Government??? I guess we must all first Understand Business Practices... Education

We have Tools and there are Lawyers, Politicians, and People that all want to work for Reform.

We know Government Does Not measure the Right data when it comes to Jobs & The Economy. We need to push for Reforms on Economic Data, Jobs Data, Benefits Data, Poverty Data, ETC.

  • Total US Dollars invested in Manufacturing in the USA, Historical

  • Total US Dollars invested in Manufacturing Off Shore, decapitalization of the US in Historical Annual Data

  • Ratings Agency Data should require publication of ratios of Overhead Administrative Costs for all Corporations

  • Ratings Agency Data should require publication of Overhead Administrative Costs as Percentage of Revenue for all Corporations just as we do for Charity Organizations

  • Ratings Agency Data should require publication of ratios of Overhead Administrative Costs for Executive Compensation to Ordinary employees for all Corporations

  • Ratings Agency Data should require publication of ratios of Deferred Executive Wages placed in Trust Funds for all Corporations

  • GDP Data for the US Records all Financial Transactions, but this confuses the American Public. There could be a Series of GDP Data captured to show GDP For Service type Jobs, GDP Data for Manufacturing, GDP Data to show which types of Economic Activity produce healthy growth and healthy jobs in different categories like manufacturing, light manufacturing, high tech manufacturing, service industries, Hospitality & Restaurant industries, Retail Store or Warehousing Industries, Transportation Industries, Construction and Infrastructure Industries.... and these would greatly help US Voters see where Government Investment and Government Budgets impact their lives. This is only transparency, and I feel this data is already out there, but data is lost in the GDP reported in political speeches and corporate spin.

  • GDP Data is also vital to understanding decapitalization of the USA and all the Talk about Austerity. The fact is that Austerity Slows down the Economy, but the GDP Data reported confuses all discussion... and really is just spin and political maneuvering in order for the powerful to pick winners and losers in our economy.

  • GDP should not count for reflect financial transactions since these are just middlemen taking fees or inflating the price of assets. There is little value in Financial Management or Lobbying.

-GDP Data Reporting Should also be Reformed to show all the useless Professionals or Employees that don't add to the Economy or add to Growth of the Country. Book Keeping, Accounting, Preparing Taxes, may be required and these people spend money in the economy. But we need a new way to understand the uselessness of Lawyers and the Complicated US Income Tax System.

  • No Country can survive the Increase in or Propagation of New Laws every year, year after year, and 10,000 pages of Tax Rules. We have become Rome of the Roman Empire before it's collapse. We have armies of people doing useless things in our economy ... and all that does .... is support Salary Increases & Bonuses for Executives.

  • We need GDP Data to show Worthless Activity in Washington DC performed by Lobbyists and Lawyers.

  • We need GDP Data to show Worthless Corporate Activity performed by Accountants, Tax Accountants, and Tax Lawyers.

  • We need GDP Data to show Worthless Corporate Activity performed by Financial Managers, and People that manage their Huge Benefits & Compensation Packages, and Trust Funds for Executive Deferred Wages.

  • We need GDP Data to show Worthless Activity in Think Tanks and Foundations.

[-] 2 points by DKAtoday (33802) from Coon Rapids, MN 10 years ago

So much to do.

[-] 2 points by Middleaged (5140) 10 years ago

36 minute in to Park Ave they talk about the cuts to Job Training programs. I have documented that in post here. Started right after the 2008 Crash. The 2002 Federal Budget increased funding for all programs, major budget lines. They keep social programs down I know compared to defense. But right wen the US Economy froze they cut the Jobs Training programs and pass the word around that it was never effective and didn't produce good results.

So people should research and document testimony that the Federal jobs Training money was good. There should be more options. maybe that money could be used for Tuition or computer literacy classes. Anyway I'm telling you it was like the only one federal budget line that got reduced. I think I also see the HUD Budget tightening up and not getting back to where it was either.

There is a conspiracy here on Federal Jobs Training Budgeting. And it was never that big a budget. If it didn't work and those people didn't have skills in a recession and crash... so what. Change the program create new options, try new things and see which ones work.

[-] 1 points by DKAtoday (33802) from Coon Rapids, MN 10 years ago

Yep - the lies um excuses um BS - needs to be confronted - needs to be thrown in their faces.

Like the BS spouted about how XL is needed. For what? Profits to fossil fuel exporting to China. And OH SO MUCH MORE.

Speaking Truth to Power - so that the general public hears as well.

[-] 2 points by Middleaged (5140) 10 years ago

Congress Corrupted lesson from Asia: Look how little they can live on, the wages are low, they still save money, when you look at the USA.... we can cut benefits and wages even more".

My Proof: I just heard that GOP or someone is asking for Food Stamp Cuts. Reference 37 Minutes into the video Park Ave. And check a right wing website http://news.yahoo.com/house-panel-set-ok-cut-food-stamps-073413419.html

[-] 1 points by DKAtoday (33802) from Coon Rapids, MN 10 years ago

Sad when the abuses of other countries are drooled over by domestic business and supported by their lackeys in government. The USA turning a 180 from the intent of it's reasons for birth.

[-] 2 points by Middleaged (5140) 10 years ago

Akmed, Welcome to America. Is just like Russia.

You don't need a car in the city,
you can live in a small room above the store,
and you can work for me. Okay.
I will pay you $5 per hour. Okay.
No paper work. No Health Care. Don't get sick. Okay.
In a few years maybe you can bring your family over to stay with you. Okay.

Just like Russia, Just like Cuba, Just like Pakistan only no bombs. Okay.

Is easy work. Is warm you work inside. No lifting. No Back Problems. Stay Clean. Good Job for you. Okay.

[-] 1 points by DKAtoday (33802) from Coon Rapids, MN 10 years ago

The living hell that corpoRATions are promoting for here and took advantage of and supported around the world.

[-] 2 points by Middleaged (5140) 10 years ago

Weirdly, although we have under the table stuff that goes on and probably we have sweat shops... and we have always had that.

Weirdly, I think if the Wealthy Neoliberal Agenda to cut wages, benefits, and spending power is overwhelmingly successful in the next 10 years. I think the conservatives worst nightmare comes true. I think we end up with a Dystopia 2 class America much like Latin America only with modern telephones, internet, automated machines like ATMs, Vending machines, and Ticket Machines. Actually I have seen modern infrastructure in cities in Latin America... so that is a bad description.

But, I say it will be like the movie "Heavy Metal". We have liberal social values, we have free dynamic music industry, we have open dynamic computer entrepreneurs, technology is changing our lives every day, .. but Americans are kind of rough individualist, we do have this cowboy and wild country boy thing going on. America and Latin America still have these wild frontier characteristics.

All of the Americas like to Drink Alcohol. People everywhere like to sing, dance, eat food and have parties.

But the rich have set it up to keep wages down and profits up.

After they cheapen life in the USA by bringing down wages even further and forcing people to stay busy much of the time on low paying jobs (just like Lain America)... I think America will attract more of the bad element of criminal.

I think if prices and wages stay low... more criminals and uneducated will come to work in the USA. I don't really mean from Latin America. I don't really see that many criminals except the drug trade in Latin America. Maybe I don't really have a clear idea.

People everywhere are sort of the same family oriented. So maybe I am just thinking about poor people with other cultures coming here if the cost of living gets cheaper. Maybe that is 50-50 chance or less.

America is not really multicultural in a broad sense. So, if many people come here with poor language skills... I guess it changes us. But it has been happening for 50 years, or 200 years. Only now we get people from Pakistan, Burma, Cambodia, Laos, you name it over the last 50 years since Vietnam.

I guess this is the vision. The US and all of the America will become more of melting pots or whatever the appropriate word is. We will have legions of poor that will work for the lowest wages.

I'm not sure what happened to bring down wages, except that executive compensation keeps going out the roof.

Here locally I understand the labor rate for skilled, technical craftsman tops out at $20 hour. We have some factories, manufacturing, and probably office work that goes higher. but those people are already part of the system.

There are others here who are old now, but who lost pension in fortune 500 companies working in local shops that closed or were in mergers that closed them. So maybe the crash in wages started in the 1960s as manufacturing started moving off shore. This was the decapitalization process that we are still in. Then, they started doing Leveraged Buy Outs and Mergers in the 1980s. They would load a company up with Debt, and if it collapsed then people lost jobs.

This seems like the Blue Print for Cancelling pensions and benefits. Then was it the 1990s... Japanese auto companies came over and didn't pay the same level of compensation. The Japanese had beat the system and were out competing the American Autos.

Take Overs & Mergers had no social conscience. This was the way to Smash US Wages and Benefits. It was also in the 1990 that I heard about Libertarians, Ayn Rand... This is where Paul Ryan got educated and connected. So it is like 20 years in to this Libertarian process and Koch Brothers Process.

Quick, we need a long term strategy for the next 10 years.

Rockefeller, don't play. Koch brothers don't play. And John McCain and Lindsey Graham are assholes.

[-] 1 points by DKAtoday (33802) from Coon Rapids, MN 10 years ago

But, I say it will be like the movie "Heavy Metal".

Or perhaps - Escape from New York ?

Yes we will still be a melting pot - but that meaning may undergo a bit of an update/change to also reflect Global Warming.

[-] 2 points by Middleaged (5140) 10 years ago

Yes, Maybe you want to Narrow down OWS Concerns?

No, I guess not. What to do. That is just the way it is.

Really all those Data ideas are called Streamlining, bench marking, Standardizing... but when the government does it... the lobby gets a hold of it and we all get perverted in to the Roman Empire. Instead of Streamlining the US income Tax Code.... you get a phone book.

Let the Koch Brothers Stream line the Regulations for Oil Rigs, Oil Exploration, Off Shore Drilling, Environmental Controls, Safety, ... and you a "One Page" with a paragraph saying "don't do anything that could be considered wasteful, unsafe, or which might lead to chemicals being poured out on the land".

Like in the Days of Kings, Lords, and serfs... all the laws these days help out the rich. Be glad they don't take your kids to work for them. Well they might be with all the human trafficking and ... well if you kids join the military who knows what agenda they support (KBR, CIA, JP Morgan, Goldman Sachs, or Karazi)

[-] 2 points by DKAtoday (33802) from Coon Rapids, MN 10 years ago

Hell they ( power brokers, criminals, lackeys to outside interests ) can't have things be plain and simple and easy for everyone to understand. I mean - how would they try to disguise their BS then?

[-] 3 points by Middleaged (5140) 10 years ago

You are right. the Lawyers would never go for it. That would make them obsolete or look like they don't earn their money.

Wait that is what we want. We want to put the lawyers out of business. Lawyers and Bankers, they have messed everything up ... and they are the ones that Corrupted the Universities, Economist & Politicians. They are the ones the put Milton Freidman and the Philosophy of the Chicago university Neoclassical, neoliberal in the US Government, maybe the UK government, and as we know started Military Juntas all over South America through the Chicago Boys.

[-] 2 points by DKAtoday (33802) from Coon Rapids, MN 10 years ago

Yep the only reason to make something so complicated so convoluted - is so that it can be messed with - OH - And - So there can be a lucrative position to be had.

[-] 2 points by Middleaged (5140) 10 years ago

Lawyers, Lobbyist, Created a Whole American Industry.

It is a great untold Story. Well not great more like corrupting. Think of the money spent on tax Strategies, Accounting Strategies, Lobby Strategies, Off Shore Strategies, Compensation Straegies.

They ought to consider outlawing Strategic thinking. These Industries show where the money for the Pensions and Retirement programs went to.

All that 401K money gone. It went to cover all the Lobbying in Congress for the last 30 years.

Akmed, Welcome to America!

[-] 1 points by DKAtoday (33802) from Coon Rapids, MN 10 years ago

Lawyers, Lobbyist, Created a Whole American Industry

Creating loophole after loophole for well paying customers. As well as creating for them - exceptions to the rules.

[-] 2 points by Middleaged (5140) 10 years ago

And they are just middlemen. just like Bankers are Middlemen. They take a fee and increase costs and charge to put money in their retirement fund or pension.

And maybe we can say Politicians have been corrupted by not just the money from lobbyist, but by the model of a power broker that really doesn't do anything for society. I guess I have to make an exception for William K. Black.

And Politicians see the model of what bankers are doing and that proves... hell there are no rules and no morality. All those dinners Parties in Washington, but no one gets any help... no one is lifted up at a dinner party... it is an artificial world of privilege.

I guess we can call it the US Politburo.

[-] 2 points by DKAtoday (33802) from Coon Rapids, MN 10 years ago

It is every reason why the Public should have been active and involved from the very start. Now look at the F'n mess we have to deal with.

Issue unaddressed - don't go away - they grow - what once was a minor irritation to be addressed - is now a raging disease.

[-] 1 points by Middleaged (5140) 10 years ago

Said the Congressmen, "Crisis, What Crisis".

[-] 1 points by DKAtoday (33802) from Coon Rapids, MN 10 years ago

[-] 1 points by Middleaged (4663) 0 minutes ago

Said the Congressmen, "Crisis, What Crisis".

↥twinkle ↧stinkle permalink

Yeah - what a true leader of vision - NOT - hope that comment was the que for it's swan song.

[-] 1 points by DKAtoday (33802) from Coon Rapids, MN 10 years ago

Funny

[-] 2 points by beautifulworld (23772) 10 years ago

They even talk about the "top of the ladder" in the first few minutes. LOL. Weird.

[-] 1 points by DKAtoday (33802) from Coon Rapids, MN 10 years ago

Synchronicity - ever notice how often that happens(?) - commonly referred to as coincidence - often a trigger for Deja-view ( vu ).

[-] 3 points by beautifulworld (23772) 10 years ago

Usually my "learn Chinese" word is something like "fork."

[-] 1 points by DKAtoday (33802) from Coon Rapids, MN 10 years ago

LOL - I can relate to that - I'd starve if I had to use chop-sticks or use my fingers ( fingers - definitely - fingers ).

[-] 2 points by beautifulworld (23772) 10 years ago

Actually, I eat pretty well with chop sticks. My point is that rarely is the "learn Chinese" word an adverb. LOL.

[-] 2 points by DKAtoday (33802) from Coon Rapids, MN 10 years ago

AHhhhh - mine would be geared to practicality - I'd starve if I had to use chop-sticks or use my fingers - so give me the word for fork.

[-] 2 points by beautifulworld (23772) 10 years ago

Cha

[-] 2 points by DKAtoday (33802) from Coon Rapids, MN 10 years ago

Fork? Thanks - now I need not be UN-neccessarily embarrassed. Well not as often anyway.

[-] 0 points by factsrfun (8310) from Phoenix, AZ 10 years ago

Here's a new piece from the New Yorker about this film and how Koch tried to buy PBS.

http://www.newyorker.com/reporting/2013/05/27/130527fa_fact_mayer?currentPage=all

[-] 0 points by factsrfun (8310) from Phoenix, AZ 10 years ago

Thanks, and the post has been edited for your reading pleasure.....

[-] 4 points by shadz66 (19985) 10 years ago

Watching dis''pleasure'' more like but as for ''reading'', inter alia - I'll cross reference here to :

fiat lux ...

[-] 2 points by bensdad (8977) 10 years ago

This is an excellent condensation of our economy -
It should be shown in every high school economics class.

But I still have to go back to my "original" issue as a positive solution.
Virtually all of our OWS goals need ONE first step.
It is not easy
It is not fast
But if OWS, in 2011, centered on this ONE goal, we would be SO MUCH CLOSER to the world we seek
. Think of YOUR top 2 - 3 goals -
jobs, education, energy, privatization, taxes, voting rights, poverty, OR ???

Eliminating the ability of the 1% to buy our government must be stopped.

Because of court decisions and legislation, the only way to achieve this first goals - as the foundation for everything - is to end corporations are people & money is speech.

http://corporationsarenotpeople.webuda.com

We are actively working for a constitutional amendment to

Overturn Citizens United { CU }
and
Corporate Personhood { CP }

For a complete analysis of the amendment issue,

and the text of all amendments,
and our comparison of all of the amendments,
and the Citizens United case transcript,
and the Citizens United decision,
and the Buckley “money is speech” decision,
and analysis of corporate personhood,
and analysis of Article III,
and the ABC News poll on CU / CP,
and the PFAW poll on CU / CP,
and 70+ video clips on CU / CP from

Chomsky, Hedges, Witchcraft, Reich, Nader , Justice Stevens,
Warren, Lessig, Hartmann, Maher, Kucinich, Grayson, Yugur,
Sanders, Hightower, etc.

JOIN our OWS Working Group:
http://nycga.net/groups/restore-democracy

REGULAR MEETINGS:
Wednesdays 5:30-7:30PM @ 60 Wall St – The Atrium

Our OWS Working Group has one goal -
To support the OWS Declaration

“a democratic government derives
its just power from the people,
not from corporations”

and to do what polls show
80% of Americans want -

To get corrupting money out
of our political system by passing
a Constitutional Amendment that will:

►Reverse the 2010 Supreme Court decision
..…Citizens United that enabled super-pacs
►Reverse the 1976 Supreme Court decision
..…Buckley that equated money is speech
►Eliminate the 1886 judicially created fiction
..…that corporations are people

We will attract candidates to
……support an amendment, and
we will attract voters to
……support an amendment, and
we will attract voters to support
……candidates who support an amendment

[-] 0 points by OTP (-203) from Tampa, FL 10 years ago
[-] -1 points by factsrfun (8310) from Phoenix, AZ 10 years ago

We should push for the IRS to stop forcing taxpayers into helping pay for all the negative political ads put out by 501Cs by allowing tax deductible contributions, if people are going to fill the airwaves with trash they should at least have to do it with after tax money.

http://www.irs.gov/uac/Charities,-Churches-and-Politics

http://www.pewforum.org/Church-State-Law/Pastors-To-Protest-IRS-Rules-on-Political-Advocacy.aspx

[-] 0 points by Timex (-3) 10 years ago

Seriously. Why are Crossroads GPS and Obama for America tax exempt?

[-] 0 points by factsrfun (8310) from Phoenix, AZ 10 years ago

You can't deduct contributions to either of those groups, why are your facts so fucked? Do you watch FOX NEWS?

"Contributions to American Crossroads are not deductible as charitable contributions for federal income tax purposes."

https://www.americancrossroads.org/donate/

"Contributions or gifts to Organizing for Action are not tax deductible."

https://contribute.barackobama.com/donation/orgforaction/2/index.html?source=donatebutton-HP

[-] 0 points by Timex (-3) 10 years ago

Crossroads GPS is a 501(c)(4) nonprofit corporation as is Organizing for America, factsrfucked.

http://www.huffingtonpost.com/2013/05/19/karl-rove-irs_n_3302754.html

[-] 0 points by factsrfun (8310) from Phoenix, AZ 10 years ago

are you saying that the IRS APPROVED nonprofit status for Crossroads GPS how can that be? "assswipe"

[-] 0 points by factsrfun (8310) from Phoenix, AZ 9 years ago

shadz ask me to bring this back if you haven't seen this stuff you should

[-] 0 points by factsrfun (8310) from Phoenix, AZ 10 years ago

If you haven't yet try to fit this one in, between viewings of Arrested Development, if you have to.

[-] 0 points by factsrfun (8310) from Phoenix, AZ 10 years ago

just needs a bump, excuse me

[-] 0 points by OTP (-203) from Tampa, FL 10 years ago

IMO Shumer being against Glass Steagal is something I cannot support. I do, howver, agree with him that taking more money from those who make 250k a year to feed this beast is only chasing our tails.

[-] 1 points by factsrfun (8310) from Phoenix, AZ 10 years ago

did you watch the doc?

[-] 6 points by shadz66 (19985) 10 years ago

Good question @ everyone here on the forum !!! Therefore & without wanting to be a bore - once more :

''Why Poverty?'': http://www.youtube.com/watch?feature=player_embedded&v=6niWzomA_So [59m]

multum in parvo ...

[-] 1 points by factsrfun (8310) from Phoenix, AZ 10 years ago

link to their channel very international in nature...

http://www.youtube.com/user/WhyPoverty?feature=watch

[-] 5 points by shadz66 (19985) 10 years ago

Excellent 99% / OWS Resource !!! In compliment :

fiat lux ...

[-] -1 points by factsrfun (8310) from Phoenix, AZ 10 years ago

where ya been?

[-] -1 points by factsrfun (8310) from Phoenix, AZ 10 years ago

Hey Bensdad here's links to the full show.

[-] -1 points by factsrfun (8310) from Phoenix, AZ 10 years ago

http://www.nationalreview.com/article/349378/return-tea-party

http://tv.msnbc.com/2013/05/27/gop-struggles-with-tea-partys-squawking-wacko-birds/

The 1% use the TEA Party to put pressure on the GOP to do their will, the left and OWS are diverted into Green Party bullshit and made ineffective, so the 1% wins, any questions?

[-] -1 points by factsrfun (8310) from Phoenix, AZ 10 years ago

Schumer does work out of New York doesn't he?