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You know I have come to a few short realizations doing some research:

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originalpckelly Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Sep-06-06 10:30 PM
Original message
You know I have come to a few short realizations doing some research:
1. It doesn't really matter what people you send to Congress, or their party, they have already probably been bought off.
2. The directors of one company serve on the boards of other companies, a LOT of the same people control a LOT of the companies out there.
3. Most companies have a PAC, I mean MOST companies have a PAC, and boy 'o' boy you'd be stupid to think they aren't using them. (There are Federal Elections Commission records that prove this: http://www.fec.gov/finance/disclosure/norindsea.shtml )

The fourth and most important, America is no longer a democracy, if it ever was one. I'm not a communist/socialist, but I am also not a corporatist, and this is complete crap in my opinion:

32% of the wealth (in America) is controlled by the top 1%!!!!!!!!!

57.7% of the wealth is controlled by the top 5%!!!!!

69.8% of the wealth is controlled by the top 10%!!!!!!!!!!!!!!!!!!!!

Oh yeah and the bottom 50% only control 2.8%!!!!!!!!



http://www.faireconomy.org/research/wealth_charts.html
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papau Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Sep-06-06 10:33 PM
Response to Original message
1. WITHOUT UNIONS THERE IS NO PUSH BACK - it will only get worse
:-(
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porphyrian Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Sep-07-06 10:31 AM
Response to Reply #1
9. Too many "right to work" states in the South. - n/t
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readmoreoften Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Sep-07-06 11:18 AM
Response to Reply #1
14. The young today know nothing about unions. It is frightening.
I'm in the middle of a labor strike. Most of the people I worked with are 30 and under. All but one in my division scabbed (other areas were at 100% striking.) They all thought I deserved to be fired. They don't have the faintest understanding of labor strikes and labor history. One even said as much. I told her that it was completely unacceptable to fire workers for striking even 25 years ago. She said, "Whatever. I'm 26. 25 years ago is ancient history. Things have changed."

Things haven't changed.
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deaniac21 Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Sep-07-06 11:50 AM
Response to Reply #14
16. Apparently, they have.
:-(
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Parisle Donating Member (849 posts) Send PM | Profile | Ignore Wed Sep-06-06 10:34 PM
Response to Original message
2. Yep,..... It's A Formulaic Mathematical Progression,.....
---- ..... And anyone who has ever played the Parker Bros. game "Monopoly" knows how it works. What did you do when the game was over, eh?
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undergroundpanther Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Sep-07-06 12:00 AM
Response to Original message
3. And they are all
Edited on Thu Sep-07-06 12:01 AM by undergroundpanther
Ruthless but "socialized"psychopaths.
And this process has been DELIBERATE,maybe not coordinated,but it is a product of a hive mind,the psychopath old boy network of corupt power watching out for thier own kind..
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eccles12 Donating Member (385 posts) Send PM | Profile | Ignore Thu Sep-07-06 12:55 AM
Response to Original message
4. Now here is a post really worth recommending!! Thanks! nt
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originalpckelly Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Sep-07-06 05:44 AM
Response to Reply #4
5. Thanks...
I always heard of the middle class, I think that is a bunch of bullshit. There is no middle class, just a really high standard of living in the underclass.
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leftchick Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Sep-07-06 05:50 AM
Response to Original message
6. And it is getting worse fast....
another article and graph...



<snip>

Even for those with jobs, the fruits of economic growth have been more unequally distributed within the labour market.

The incomes of the top 20% have grown much faster than earnings of those at the middle or bottom of the income distribution. The income of the top 1% and top 0.1% have grown particularly rapidly.

From 1992 to 2005, the pay of chief executive officers of major companies rose by 186%.

The equivalent figure for median hourly wages was 7.2%, leaving the ratio of CEOs' pay to that of the average worker at 262.

In the 1960s, the comparable figure was 24.


http://news.bbc.co.uk/2/hi/business/5303590.stm#graph

K&R!
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Pacifist Patriot Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Sep-07-06 10:23 AM
Response to Original message
7. Quite honestly, I don't believe the United States has every been...
an example of a true representative democracy. The Great Experiment that never was.
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In Truth We Trust Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Sep-07-06 10:25 AM
Response to Original message
8. Want Democracy?!? Paper ballots and HAND COUNTS Now!!! nt
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Solly Mack Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Sep-07-06 10:36 AM
Response to Original message
10. Rowing in that boat with you
well, rocking in it...nothing smooth or comforting about it though.

but I still have to try...for my own conscience if no other reason. Doesn't mean I believe America is some great democracy(I don't)....but by golly, my so-called representatives are gonna get an earful every chance I get.

Water poured over stone will eventually change the surface of the stone...be the water. Demand change and keep demanding change...never just accept the status quo.
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OneBlueSky Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Sep-07-06 10:43 AM
Response to Original message
11. back in the late 60s or early 70s, I had a friends who wrote . . .
a very scholarly tome on "interlocking directorates" among the nations largest corporations (and certain foundations) . . . he was never able to get it published, but I read it and was appalled even then at how few people control so much of the wealth of this nation . . . I'm sure it's several levels of magnitude worse today . . .
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midnight Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Sep-07-06 11:04 AM
Response to Original message
12. If the corporations have pacs let the working people have
unions.....
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Cerridwen Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Sep-07-06 11:10 AM
Response to Original message
13. It's not just the U.S.
Edited on Thu Sep-07-06 11:11 AM by Cerridwen
Australia seems to fit the US and European pattern

...the income of the top 5 per cent of Australians was increasing at a disproportionately high rate.

<snip>

It seems that a high level of income inequality is a fundamental characteristic of a market economy. (emphasis mine)



And, back in the U.S.; let's put some numbers and amounts to that graph:

In 2001, 1.0 percent of the U.S. adult population was approximately 2.1 million individuals. These individuals owned approximately 22.3 percent of total U.S. individual wealth, a 1.0 percent decrease since 1998 but virtually identical to the shares of wealth held in 1995 and 1992. A similar pattern was evident in the share of wealth held by the nearly 1.1 million individuals who made up the top 0.5 percent of the U.S. adult population in 2001. They held about 17.9 percent of the Nation's net worth in 2001, down slightly from 18.1 percent in 1998 and just above the shares held in 1995 and 1992. The slight interperiod variations shown in Figure O are well within the sampling error of these estimates. Overall, these results suggest that the share of wealth held by the very wealthiest Americans has been nearly constant over the 12-year period

There were more than 7.3 million individuals in the United States with gross assets of $675,000 or more in 2001. These individuals represented about 3.5 percent of the total U.S. adult population. Top wealth holders had a combined net worth of $13.8 trillion, or 32.7 percent of total U.S. net worth. Almost 4.0 million, or 53.7 percent, of these wealthy individuals were male, and 3.4 million were female. Although the median net worth of male and female top wealth holders was similar, men had a significantly higher average net worth, reflecting the impact of a relatively few very wealthy men at the top end of the wealth distribution. (emphasis mine)

From page 6 of Personal wealth, 2001 at Find Articles.


And, we're all aware that this disparity has increased in the past 5 years. Oh, joy.

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bbgrunt Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Sep-07-06 11:44 AM
Response to Original message
15. k/r Oh yes, and we need to get rid of that horrible death tax!!
seriously, though, when I covered such topics in a public finance class, most students simply could not comprehend why this mattered. Their eyes glazed over and they became incensed at any mention of ways to level the field. It seems they had been innoculated by the right wing propaganda machine before they even got to me.
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walldude Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Sep-07-06 11:59 AM
Response to Original message
17. This is why campaign finance reform is so important
we need to get corporate money out of elections.
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hootinholler Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Sep-07-06 01:55 PM
Response to Original message
18. And the American Dream
Is just to maybe break the 50th percentile.

-Hoot
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tbyg52 Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Sep-07-06 07:43 PM
Response to Original message
19. It's the corporations, stupid!
Not that anybody is really going to use that.....
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