The Great Wealth Robbery

[Jimaz]

Attachment 36924
Disney Heiress Abigail Disney Is Here To Tell You Exactly What The 1% Did With Trump's Tax Cuts

Censored? She won't surrender:

Happiest Place on Earth? Disney Heiress Speaks Out Against Disneyland’s Abuse of Workers.

Abigail Disney, the heiress of the Disney fortune, is once again speaking out against the company’s unfair labor and wage practices. She recently spoke to Disneyland employees in California, where they shared their experiences with the theme park’s work environment. In the past, Abigail Disney has criticized Disney CEO Bob Iger’s obscene salary and the drastic pay gap between Iger and other Disney employees. Abigail Disney also testified in May at the House Committee on Financial Services during a hearing on strengthening the rights and protections of workers.

[Jimaz]

This is what it looks like to reenter the Dark Ages. Thank you, 1%.

Expert predicts 25% of colleges will fail in the next 20 years.

[Richard]

Green Mountain is working with Prescott College, in Arizona, to enroll its students who won't finish degrees this year. Prescott and Green Mountain are members of the EcoLeague, a group of six liberal arts colleges with an environmental focus. Sterling College, which like Green Mountain is in Vermont and focuses on the environment, also announced that it would work to welcome students from Green Mountain.

https://www.insidehighered.com/news/...-college-close

So is it the 1% fault that students feel a eco friendly liberal arts program is not in thier best interests for a solid Financial future?

That is Bernie Sanders stomping grounds,it appears that even his own state constituents do not support his views.

What role of the middle class fleeing the high tax states in the north to the south does this play in closings?

[Zacha341]

Thank many reasons [[some included in the video):

- Lower birth rates [[eventually trickles down to who's available to attend
- Questionable programs [[too many degrees offering little job opportunities
- More options to the four year college [[certification, on job training and the return of apprenticeships, work-based learning education)
- Cost!!! As stated but can't be said enough [[just look at what many of these college presidents make) more students emerge from college 100K+ in debt with the most esoteric of degrees! The whole house of cards is coming down!
- Again, low birth rates, particularly among certain demographics... impacts numbers of those attending K-12 and up!

This is what it looks like to reenter the Dark Ages. Thank you, 1%.

Expert predicts 25% of colleges will fail in the next 20 years.

[Zacha341]

I know I laughed at that! I'm find the whole blame game is usually not of one cause but many. As with this!

So is it the 1% fault that students feel a eco friendly liberal arts program is not in their best interests for a solid Financial future?

Also, even some the most green of folks ain't gonna want to give up all of their ding-bats of industrialization. Mostly auteuristic 'I'm in' talk!

Very noble to ascribe someone else to LIVE under your ideas.

That is Bernie Sanders stomping grounds, it appears that even his own state constituents do not support his views.

[Jimaz]

U.S. Income Inequality Grew to Highest Level on Record Last Year: Census

[Jimaz]

Kroft: Why have no banking executives been prosecuted?

Steve Kroft discusses his team's five-year-long effort to unravel the financial mess of 2008. See the full report on Kroft's retirement, here: https://cbsn.ws/2k9DsRF.

• "We're really gonna miss you": 60 Minutes says goodbye to Steve Kroft
• ThomHartmann.com

[Richard]

Obama received over $47 million in campaign donations from Wall Street,banking and insurance industry’s.

https://www.opensecrets.org/industri...=Y&sortorder=U

You really cannot throw that kind of backing in the clink.

Even worse was he campaigned on no special interest funds.

[Jimaz]

The dirty secret of capitalism -- and a new way forward | Nick Hanauer

Rising inequality and growing political instability are the direct result of decades of bad economic theory, says entrepreneur Nick Hanauer. In a visionary talk, he dismantles the mantra that "greed is good" — an idea he describes as not only morally corrosive, but also scientifically wrong — and lays out a new theory of economics powered by reciprocity and cooperation.

Ask yourself why they haven't been able to shut this guy up. Then, only after answering that, ask yourself how they have been able to shut up the other 99.99%. What have you been prevented from hearing by the mainstream media?

• Nick Hanauer: Beware, fellow plutocrats, the pitchforks are coming

[oladub]

The dirty secret of capitalism -- and a new way forward | Nick HanauerAsk yourself why they haven't been able to shut this guy up. Then, only after answering that, ask yourself how they have been able to shut up the other 99.99%. What have you been prevented from hearing by the mainstream media?

• Nick Hanauer: Beware, fellow plutocrats, the pitchforks are coming

I watched your 17 min. first link. The presenter is critical of what he calls "neo-Liberal economics" that he describes as "a protection racket for the rich". I agree except I would also blame many Chamber of Commerce Republicans of the same thing. One recent example of this protection racket in action was the recent Senate vote along party lines to reinstate federal tax deductions for the rich who pay more than $10,000/year in state and local taxes. Guess what? Democrats led the charge to reinstate this tax break for the rich with only one Dem. Senator voting against the bill. Bernie, Pocahantas, and Kamala didn't vote.

[Jimaz]

There is some remarkably rich history covered in this 22-minute audio.

Click the LISTEN button to hear it:
The Billionaires Bite Back

Are we in a "billionaire moment"? Three are running for president — if you can count Trump. Two progressive candidates are running on ambitious policies that would require hefty taxes on billionaires. And with the threat of those taxes hanging in the balance, several billionaires have recently begun lobbying the American people through the media. Speaking with Bob, former Labor Secretary Robert Reich argues that we're well into a second gilded age. Much like the economy in the late 1800's, a small group of monopolists, old money heirs, and Wall Street executives have amassed more money than the bottom 50% of Americans. In lieu of paying more taxes, our richest citizens have rebuffed populist anger by donating to charities and do-good foundations. But, is that a fair trade off?

In his new book, Goliath: The 100-Year War Between Monopoly Power and Democracy, Matt Stoller argues that "philanthropy capitalism" and lax antitrust enforcement are doing fatal damage to our society. He and Bob dig into the forgotten history of Microsoft's antitrust trial, to demonstrate how many of today's most generous philanthropists have often bullied and manipulated their way to wield power.

[rb336]

He also got funds from Big Insurance, whih is why there was no "public option" in ACA.

Instead of actually putting progressive, pro-worker policies in play, the Dems banked on a "centrism" that is to the right of Nixon and identity politics. They continued that - crassly - in 2016, which resulted in Trump. They are trying to push Biden as the candidate, which will result in another loss.

Obama received over $47 million in campaign donations from Wall Street,banking and insurance industry’s.

https://www.opensecrets.org/industri...=Y&sortorder=U

You really cannot throw that kind of backing in the clink.

Even worse was he campaigned on no special interest funds.

[Richard]

^ you can see who politicians are actually beholden to in the arguments that they put forward.

Pelosi received sense 2002 over $700 million including stock in VISA while campaigning against credit card interest abuse.

Schiff received $100,000 from ATT in order to fight against Trump when he was not allowing the merger to continue which would have given ATT a monopoly.

The thread title is based on the transfer of wealth and we really have to look at our politicians on both sides and see whose best interests they are actually looking out for.

It appears as if the transfer is engineered with those at the top receiving stability with political support.

I agree that politicians should be supported by individuals,Kinda like Bernie’s campaign but we know that will never happen.

In 2016 while being shunned by the Republican Party Trump did use a majority of his own money but now with Republican support in 2020 he is getting the full force of the Republican backing,which opens the door to unlimited funding.

[Jimaz]

Why Even Good Billionaires Are Bad

Billionaires aren't necessarily bad people. Some give to charity and aren't opposed to higher taxes. Others make great lipstick. But how invested in change are the so-called benevolent billionaires? Newsbroke unpacks the myth of the "good billionaire" and asks: Is it ever OK to have so much wealth in a time of unprecedented inequality?

[Jimaz]

Is the Economy Trying to Kill Us?

As coronavirus continues to force people to stay home, the markets are predictably tanking. That has Wall Street and the Trump administration worried sick. No, not about the actual sick. Worried about their stocks. Newsbroke’s Francesca Fiorentini looks at why some would rather put workers in harm’s way and let millions die, so long as their precious line graph goes up.