Occupy Wall Street

[duffman1278]

Has anyone seen this in person? Or participated? It's about damn time

[superbike81]

I'm glad the cops are finding ways to arrest them. Just another pointless protest, which is exactly why it hasn't been covered in any mainstream media.

These dumbshits call it greed, but they can just as easily use the stock market for investments and personal gain as anyone else. Its not like it's some exclusive club that no one is allowed into. Granted, the true "market movers" are a limited few, but anyone can get in and make (or lose) money via Wall Street. For the past 8 years I've made more money from investing and trading each year than my annual salary. With enough time, research, and of course a little luck anyone can do it.

I just hate all this crap about trying to bring down the rich.

[EhrikETFG]

Originally Posted by superbike81

I'm glad the cops are finding ways to arrest them. Just another pointless protest, which is exactly why it hasn't been covered in any mainstream media.

These dumbshits call it greed, but they can just as easily use the stock market for investments and personal gain as anyone else. Its not like it's some exclusive club that no one is allowed into. Granted, the true "market movers" are a limited few, but anyone can get in and make (or lose) money via Wall Street. For the past 8 years I've made more money from investing and trading each year than my annual salary. With enough time, research, and of course a little luck anyone can do it.

I just hate all this crap about trying to bring down the rich.

how do i invest money when i have no money to begin with?

[tacoboy]

Originally Posted by EhrikETFG

how do i invest money when i have no money to begin with?

Get a job.

[BustedS13]

I think the rich should pay 0% taxes, they've earned it. Protests are silly, they should send in the scoops



Get a job! and a haircut!

[orion::S14]

Originally Posted by BustedS13

I think the rich should pay 0% taxes, they've earned it.

Like the middle class?

But even many members of the solid middle class – just above the median family income – pay no income tax, 30% of families earning between $33,542 and $59,486.

( from the WSJ: GOP Candidates: Too Many Americans Pay No Taxes - Washington Wire - WSJ )

.

I'd think that the 30% of American families that pay nothing, have it pretty good. Compared to the "rich", who pay more than 70% of ALL the income tax paid yearly.

Yeah, the current system is "unfair"...the middle class paying all the taxes while the rich pay none. Sure.

- Brian

[BustedS13]

Originally Posted by orion::S14

Compared to the "rich", who pay more than 70% of ALL the income tax paid yearly.

the top 25% control almost 90% of the wealth in this country. yeah, they totally shouldn't pay more than the other 75%, you're right. America is so abusive to the cartoonishly wealthy.

just to be clear, you place your empathy with Scrooge McDuck instead of Launchpad McQuack, am I getting this right?

Originally Posted by duffman1278

1:35, video clip framed by a picture of an lcd tv on an lcd tv. WHY DO THEY DO THIS?

[orion::S14]

Originally Posted by BustedS13

the top 25% control almost 90% of the wealth in this country. yeah, they totally shouldn't pay more than the other 75%, you're right. America is so abusive to the cartoonishly wealthy.

I guess that's the point - They (the "rich") do pay more, WAY more.

As a percentage, not just dollars.

They pay enough (in dollars) that 4 out of 10 people DO NOT HAVE TO PAY TAXES AT ALL.

...

Here's a realistic scenario:

"Guy A" makes $60,000/year...and pays a nominal tax rate of 12% (after the standard deduction, child tax credits, etc...).

"Guy B" makes $300,000 year...and pays a nominal tax rate of 30% (after deductions, exploited loopholes, etc...)

As an individual, the rich guy is paying $90,000/year in taxes...and the middle class guy pays $7,200.

So the rich guy pays 11 times as much in taxes compared to the middle class guy.

5 times the income, but ELEVEN times as much in taxes?

How is that not "paying his fair share"...???

Rich guy pays 2.5 times the taxes as a percentage, and $82,800 more in dollars. Yeah, he should pay MORE. He's clearly got it easy.

EDIT: And that example covers 97% of all taxpayers. Only ~3% made more than $250,000 last year.

- Brian

[imotion s14]

Originally Posted by BustedS13

the top 25% control almost 90% of the wealth in this country. yeah, they totally shouldn't pay more than the other 75%, you're right. America is so abusive to the cartoonishly wealthy.

So who should control it? You?

You don't even know what wealth is.

just to be clear, you place your empathy with Scrooge McDuck instead of Launchpad McQuack, am I getting this right?DO THIS?

Scrooge makes me money, Launchpad doesn't.

Originally Posted by orion::S14

I guess that's the point - They (the "rich") do pay more, WAY more.

As a percentage, not just dollars.

They pay enough (in dollars) that 4 out of 10 people DO NOT HAVE TO PAY TAXES AT ALL.

...

Here's a realistic scenario:

"Guy A" makes $60,000/year...and pays a nominal tax rate of 12% (after the standard deduction, child tax credits, etc...).

"Guy B" makes $300,000 year...and pays a nominal tax rate of 30% (after deductions, exploited loopholes, etc...)

As an individual, the rich guy is paying $90,000/year in taxes...and the middle class guy pays $7,200.

So the rich guy pays 11 times as much in taxes compared to the middle class guy.

5 times the income, but ELEVEN times as much in taxes?

How is that not "paying his fair share"...???

Rich guy pays 2.5 times the taxes as a percentage, and $82,800 more in dollars. Yeah, he should pay MORE. He's clearly got it easy.

EDIT: And that example covers 97% of all taxpayers. Only ~3% made more than $250,000 last year.

- Brian

The whole stink about "fair share" comes from the idea that wealth is fixed, that economics is a Zero-sum game where if you win, someone has to lose. It's a pie that doesn't expand, so if you get more pie than someone else, it's because you took more than your "fair share". "Tax the rich" stems from this idea that since you took more than your fair share of the pie, you should pay increasingly more taxes as you get more of the pie. It's only fair.

Whether Bill Gates gets taxed at 35% or 50%, what does it matter to any individual? It's not like it goes directly into your bank account. By the time you see it, your "share" is probably a fraction of a road reflector.

[yokotas13]

why is this in off topic and not loud noises?

[ESmorz]

Originally Posted by yokotas13

why is this in off topic and not loud noises?

Because Loud Noises fucking sucks and is a boon to any conversation worth having. No one wants to wait four days to get a page of responses.

[duffman1278]

Yea I just figured it might be better in the loud noises.

The rich though are basically running this country now. They were even getting blocked from yahoo emails promoting the event and on twitter. Scary if you ask me

[superbike81]

Would you rather have the poor people making the decisions in this country? Maybe Cletus from the deep south and Tyrone from Compton would do a better job?

Granted, our country isn't doing so well managing our money right now, but that's because of the people who can't understand the fact that this decade long war is destroying our country.

[EhrikETFG]

Originally Posted by superbike81

Would you rather have the poor people making the decisions in this country? Maybe Cletus from the deep south and Tyrone from Compton would do a better job?

guess no one found this offensive..

[superbike81]

Originally Posted by EhrikETFG

guess no one found this offensive..

Wasn't meant to be offensive. Was meant to be satirical, and I'm guessing most people took it that way. Point being, the stereotypical poor person can't manage their own money, so they don't need to be managing our country's money.

[BustedS13]

Originally Posted by superbike81

Wasn't meant to be offensive. Was meant to be satirical, and I'm guessing most people took it that way. Point being, the stereotypical poor person can't manage their own money, so they don't need to be managing our country's money.

like the rich are doing such a great job. "go to durkastan, turn it to glass, get cheap oil" is not working. i feel like if poor people were in charge of the money, the wars would be over and welfare recipients would be waist deep in top ramen. FINE BY ME.

[superbike81]

Originally Posted by BustedS13

like the rich are doing such a great job. "go to durkastan, turn it to glass, get cheap oil" is not working. i feel like if poor people were in charge of the money, the wars would be over and welfare recipients would be waist deep in top ramen. FINE BY ME.

"The lesser of two evils."

You are probably right, the war would end, and I for one would be happy, I'm tired of deploying to southwest Asia.

But if the poor truly made the financial decisions in this country it would go to shit really quick. They would take away from the rich to give to the poor, which would make things much more equal but then many people would find no reason to be innovative any more. Money and the prospect of wealth drives improvements. Why work hard when our government is just going to give us everything we need? What is the point of trying to become a supervisor or work your way up in any job when any extra money you make will just be taken away so the poor won't be poor any more?

[DriftN00b]

Originally Posted by superbike81

Would you rather have the poor people making the decisions in this country? Maybe Cletus from the deep south and Tyrone from Compton would do a better job?

Granted, our country isn't doing so well managing our money right now, but that's because of the people who can't understand the fact that this decade long war is destroying our country.

you're such an ignorant idiot. To everyone else, once you realize your own economic interest you will stop saying such stupid thing.

[superbike81]

Originally Posted by DriftN00b

you're such an ignorant idiot. To everyone else, once you realize your own economic interest you will stop saying such stupid thing.

My own "economic interest" is WELL met by Wall Street and the rich running this country. If we had morons like these protesters running the country it would be horrible.

[godrifttoday]

More like 1% of the rich control the country... Loop holes in taxes work towards people advantage.

[az_240]

Originally Posted by superbike81

Granted, our country isn't doing so well managing our money right now, but that's because of the people who can't understand the fact that this decade long war is destroying our country.

Not to mention the outrageous amount the US spends on welfare for those that don't need it or use the money to buy drugs. They need to stop enabling these people.

0% taxes on the rich makes no sense... where are the tax dollars going to come from? The already devastated middle class?

[BustedS13]

Originally Posted by az_240

Not to mention the outrageous amount the US spends on welfare for those that don't need it or use the money to buy drugs. They need to stop enabling these people.

0% taxes on the rich makes no sense... where are the tax dollars going to come from? The already devastated middle class?

1.) drugs are rad and make a shitty situation awesome for a little while. we should give them free drugs.
2.) the bulk of our money goes towards murdering brown people in other countries. that's where we should be making cuts.

[lflkajfj12123]

Originally Posted by BustedS13

1.) drugs are rad and make a shitty situation awesome for a little while. we should give them free drugs.

d0pe　　　　　　　　　　　　　

[superbike81]

I still agree with the idea that welfare checks should come with mandatory drug tests. The lines would be so short!

[WanganRunner]

Originally Posted by superbike81

I still agree with the idea that welfare checks should come with mandatory drug tests. The lines would be so short!

While I'm generally in the Buffett "tax the fuckers" camp in regards to the very very wealthy, I definitely agree with this welfare comment.

I don't know why we're writing checks to crackheads.

[S14DB]

Originally Posted by superbike81

I still agree with the idea that welfare checks should come with mandatory drug tests. The lines would be so short!

In the states that this has been implemented less than 10% have been turned away due to failing a drug test. Your logic is flawed.

Originally Posted by aziankingz

Saw these fuckers protesting down broadway earlier today.. these fucks arent even out of college yet - looking like pot smoking hippies with nothing better to do.. i don't feel bad for them one bit because most of them are emo douchebags that just blames everyone else for their own failures.. Also they fucking held up traffic on one of the busiest streets in new york for just about 200 people..

Yeah, They don't seem to be getting their point across. What was it again?

[aziankingz]

Saw these fuckers protesting down broadway earlier today.. these fucks arent even out of college yet - looking like pot smoking hippies with nothing better to do.. i don't feel bad for them one bit because most of them are emo douchebags that just blames everyone else for their own failures.. Also they fucking held up traffic on one of the busiest streets in new york for just about 200 people..

[DS562]

but if we cut spending there, they could keep on being brown

[usdm180sx]

IRS section 412i

[Matej]

America started going downhill when it began caring about poor and stupid people.
Now China has the longest bridge and Dubai has the tallest building, because they do not care how many expendable workers die building things that will still be awe-inspiring generations from now.

America needs to go back to its glory days of raising sky scrapers, NASA, and always trying to one-up everyone else.
Go back to recruiting the brightest minds and brilliant scientists from all over the world, instead of illegal immigrants and 'refugees' who are only causing a social backlash.
Everyone got way too soft, lazy, and sensitive. Everything is over-regulated. It is quite depressing.


I totally have a plan on how to do my part in getting western society back on track to progress. Who can lend me a few billion dollars to start my own media group?