WHY Can't We DISCUSS The Real Issue Of "CLASS WARFARE"? (1% VS 99%)

[SirReginald]

LAST THREAD FOR AWHILE

You know, I just got back home from Subway. On my way back, I was thinking about this issue of class warfare Since I have discussed the Black community often I figure I should be fair @Papa Shango in the flesh and @wickedsm you guys are right about the 1% getting rich off of us. I discussed this before, but will discuss it again. We NEED a coalition the 1% vs the 99%, so we can take back whats ours. Companies like Wal-Mart (I refuse to shop there) makes SO much money off the labor of the 99%. Also, they get corporate welfare from loopholes. If we want to all have a REDISTRIBUTION of wealth, then we need to take back what's ours.




TBH, White, Black, Hispanic, and other races all have something in common. You want to know what that is? We all been hoodwinked by the 1 percentile.




So, I feel we need to band together TO TAKE our power back. Also, in that we focus on the Black community. However, we need a coalition for the economics part. Because everyone will get their fair share.


That's how I feel personally. Tell me what you think. It's time that WE take on the oligarchy. After this thread I'm OFFICIALLY asking the mods to take my thread making privileges away.

P.S. they PIT us against each other for THEIR own interests. The oligarchs will do this to keep issues stirred up. Why you ask. Because it's profitable for their own pockets. I told my mother the same today. It's really a DOG EAT DOG world folk WE HAVE TO BECOME POWERBROKERS.

 

[SirReginald]

From Ibtimes.com and I have more sources that I can cite to SUPPORT my argument.

The richest one percent of the world’s population will have more wealth than the remaining 99 percent by next year, charity group Oxfam said, in a report published Monday. The report, which warns of a widening gap between the world’s richest and the rest, comes ahead of this week’s annual meeting of the World Economic Forum (WEF) in Davos, Switzerland.

According to the research paper by Oxfam, titled “Wealth: Having It All and Wanting More,” the share of global wealth owned by the richest one percent has increased from 44 percent in 2009 to 48 percent in 2014 -- a trend that will eventually lead to the richest owning over 50 percent of wealth by 2016. Moreover, the study found that the richest 80 people in the world now own the same amount of wealth as bottom 50 percent of the population.

If the current trends continue, the richest one percent of the world’s population will have more wealth than the remaining 99 percent by 2016. Photo: Oxfam/Wealth: Having It All and Wanting More
The richest one percent of the world’s population will have more wealth than the remaining 99 percent by next year, charity group Oxfam said, in a report published Monday. The report, which warns of a widening gap between the world’s richest and the rest, comes ahead of this week’s annual meeting of the World Economic Forum (WEF) in Davos, Switzerland.

Richest 1% Will Have More Wealth Than Remaining 99% By 2016: Oxfam Study

 

[Imhotep2]

LAST THREAD FOR AWHILE

 

[SirReginald]

You got my word and I'll have the mods take my thread making privileges away for 6 months.

 

[Imhotep2]

This fantasy coalition with other races is bullshyt and will never happen

Of course the 1% own us, but the deep seeded hatred within the 99% cacs is so ingrained in them that they believe the rich 1% that tell them
"Hey, yes we may be richer than you, have more resources than you, have more connections than you and generational wealth that basically ensures that i will always be rich and you will be poor
...but remember you are white and as long as you are white you should never ally with those n***ers who are in your same situation and share similar economic interests because they are black and you are white "

Also other groups such as Mexicans and Asians practice group economics so they don't care, it's only blacks who haven't got the memo and want to ally with others instead of focusing on ourselves first.

 

[SirReginald]

Bernie Sanders says 99 percent of 'new' income is going to top 1 percent

By Katie Sanders on Sunday, April 19th, 2015 at 6:55 p.m.

Sen. Bernie Sanders, I-Vt., says he is considering challenging Hillary Clinton in 2016. (Getty)
When U.S. Sen. Bernie Sanders, I-Vt., finds a microphone these days, you can expect him to harp on the erosion of the American middle class.

Sanders, who has said he is considering a 2016 presidential run and caucuses with Democrats, made a striking point about the country’s income inequality over the last 40 years in an April 19 interview on Fox News Sunday.

"What we're seeing, Chris, right now is that for 40 years, the American middle class has been disappearing. Millions of people are working longer hours for lower wages despite a huge increase in technology and productivity," Sanders said. "And what we have seen during that period is a massive transfer of trillions of dollars from the middle class to the top one-tenth of 1 percent of America — massive wealth and income inequality, where you have 99 percent of all new income today going to the top 1 percent."

With the financial rift between everyday and mega-rich Americans poised to dominate the 2016 White House race, PolitiFact wanted to examine Sanders’s statement about 99 percent of all new income going to the top 1 percent.

The research behind the claim

Sanders used a similar line about the top 1 percent taking home 99 percent of all new income during a Brookings Institution speech a couple months ago, saying, "In fact, the latest information that we have shows that in recent years, over 99 percent of all new income generated in the economy has gone to the top 1 percent."

The Washington Post Fact Checker awarded that claim One Pinocchio, a designation for claims that include in part a "selective telling of the truth." Sanders did not agree with the conclusion and doubled down on the accuracy of his claim in a displeased letter.

Sanders’ office told us the senator was talking about pre-tax income growth from 2009-13 during his Fox interview. A Sanders spokesman highlighted a New York Times Upshot article in January by Justin Wolfers, a senior fellow at the Peterson Institute for International Economics and professor of economics and public policy at the University of Michigan.

Wolfers based his calculations on the work of University of California Berkeley economics professor Emmanuel Saez, who uses pre-tax income reported on Internal Revenue Service filings in his studies of top incomes, including capital gains. Saez and French economist Thomas Piketty have written about the disparate recovery from the recession among America’s two big income classes for several years. Saez found most recently that the top 1 percent captured 91 percent of all income gains from 2009-12.

Using Saez’s preliminary 2013 numbers, Wolfers stretched the window to account for an average of 2012-13 incomes (He used an average for those years because tax rates on top earners increased in 2013, prompting some to shift more income to 2012.).

The takeaway?

The average income for the richest 1 percent of Americans, excluding capital gains, rose from $871,100 in 2009 to $968,000 from 2012-13, he wrote. The 99 percent, on the other hand, experienced a drop in average incomes from $44,000 to $43,900, Wolfers said. The calculation excludes government benefits in the form of Social Security, welfare, tax credits, food stamps and so on.

"That is, so far all of the gains of the recovery have gone to the top 1 percent," Wolfers wrote for the New York Times post.

Sanders spokesman Jeff Frank said his office double-checked the statistic with Wolfers, who double-checked his own work with Saez.

Saez told PolitiFact that the key to understanding the statistic is knowing that it’s measuring pre-tax, pre-government benefit income.

"That's the key stat to think about how the market allocates incomes in the first place," Saez said. "Anybody should be worried that the recovery from the Great Recession has been so skewed in terms of market incomes."

Bernie Sanders says 99 percent of 'new' income is going to top 1 percent

 

[SirReginald]

fukk all the coalition with other groups bullshyt

Of course the 1% own us, but the deep seeded hatred within these 99% cacs is so ingrained in them that they believe the rich 1% that tell them
"Hey, yes we may be richer than you, have more resources than you, have more connections than you and generational wealth that basically ensures that i will always be rich and you will be poor
...but remember you are white and as long as you are white you should never ally with those n***ers who are in your same situation because they are black "

It's called, "Playing The Long Haul". Like I said, 42 million people can't take on the majority as a whole. Even though Whites in the trailers have a network of +10k they get shafted too by the rich. They pit us against each other for their best interest. Of course they have more opportunities than us, but I think with chess.

 

[BocaRear]

Aren't you a conservative?

Capitalism inherently leads to the development of monopolies and wealth inequality

Redistribution of wealth through increased federal spending is the only way to ensure we don't live in a society where people are condemned because of the poverty of their parents

 

[NSSVO]

Because in a lot of minds the war has been won. It's easier to hate someone who doesn't look like you vs hating on hyper millionaires and billionaires setting us up for failure.

 

[SirReginald]

Aren't you a conservative?

Capitalism inherently leads to the development of monopolies and wealth inequality

Redistribution of wealth through increased federal spending is the only way to ensure we don't live in a society where people are condemned because of the poverty of their parents

Centre-Leftist on social issues and Progressive on Economics. I was a Conservative when I was a teen though.

 

[lotteryplaya]

some think if you cant beat them then try to join them by getting rich too

 

[satam55]

Centre-Leftist on social issues and Progressive on Economics. I was in a Conservative when I was a teen though.

When you say centre-leftist does that mean Libreal?

 

[SirReginald]

When you say centre-leftist does that mean Libreal?

Yes, it does mean liberal. However, I'm not a Neo-Liberal, but I do have moderate stances on some social issues.

 

[SirReginald]

It's making you think huh

 

[Tropical Fantasy]

I hate to be a pessimist, but In terms of equal distribution of wealth, were pretty much at a point of no return. shyt is only going to get worse unfortunately

Just like the article said, 80 uber rich
people have more collective wealth than almost 4 BILLION people

Crony capatalism and extreme nepotism aint going nowhere my friend. The top 1% will do and have done everything to control how wealth is distrubuted globally. They just want all their freinds to eat, and fukk anyone who isn't with them

At the top its just us nikka

But i dont really trust nikkas