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Octafish

(55,745 posts)
107. Our suffering translates to their power.
Wed May 4, 2016, 02:35 PM
May 2016

Consider these are the wealthiest times in human history -- by far. Per David Stockman, 7/8th of all wealth ever created has been created since 1981.

Pruneface's budget guru must've added up all the GDP and estimated the stuff from the middle ages. Whatever his methodology, his point is that most of THAT has ended up in the pockets of today's greedhead plutocrats and oligarchs.

In 1985, the top five percent of the households – the wealthiest five percent – had net worth of $8 trillion – which is a lot. Today, after serial bubble after serial bubble, the top five per cent have net worth of $40 trillion. The top five per cent have gained more wealth than the whole human race had created prior to 1980.” -- David Stockman, Ronald Reagan's budget director

http://www.cbsnews.com/video/watch/?id=7009217n&tag=related;photovideo

SOURCE: http://www.cbsnews.com/stories/2010/10/28/60minutes/main6999906_page4.shtml


And to think there are kids in America who would go to bed hungry every night if they had one.

So. Why are we living in austerity? Why are TPP and the rest being rolled out to bring about a New Feudalism. Do they really want another Dark Age, post-Fukushima style?

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0 members have recommended this reply (displayed in chronological order):

And the countdown to your departure continues.... Buzz Clik May 2016 #1
hehe... SidDithers May 2016 #2
SidDithers of DU. LOL. Octafish May 2016 #7
Why are you so rude? pmorlan1 May 2016 #3
Because that one and those with whom it associates FlatBaroque May 2016 #11
Very true. NewImproved Deal May 2016 #28
For some reason, things that don't fit in with his belief system really bother Buzz Clik. Octafish May 2016 #12
Interesting.. disillusioned73 May 2016 #96
Because the OP offends their gods. senz May 2016 #77
You get hurt feelings from the truth? Octafish May 2016 #4
pffft. You're projecting. Buzz Clik May 2016 #14
When ad hominem is all you have, you don't have anything. Octafish May 2016 #17
Look up the definition of ad hominem and try again. Buzz Clik May 2016 #18
The definition of closed minded. Octafish May 2016 #23
Then Buzz Clik is the definition of a DU disrupter PufPuf23 May 2016 #52
Respond to the article like an adult kaleckim May 2016 #54
You could go fly a kite for all you bring to the discussion. JEB May 2016 #20
interesting irony... Buzz Clik May 2016 #21
I guess you don't like what you see JEB May 2016 #26
pretty weak, dude. Buzz Clik May 2016 #27
I am blown away by your substantive, insightful posts. JEB May 2016 #32
Actually, Buzz Clik May 2016 #33
.. frylock May 2016 #22
SNARF! Octafish May 2016 #55
The fact kaleckim May 2016 #53
Your contributions are all counterfeit. dchill May 2016 #76
K&R thanks for posting this, Octafish! amborin May 2016 #5
The Democratic Weaselship Council Octafish May 2016 #13
Joan Walsh said, "a whiny collection of special interests — labor." JW was anti-labor, then, too. amborin May 2016 #35
''Unwashed.'' ''Unintelligent.'' ''Unmonied.'' Octafish May 2016 #37
Anyone with 5 minutes to spare democrank May 2016 #6
So who is Al From? Octafish May 2016 #16
KNR FlatBaroque May 2016 #8
How the DLC Does It Octafish May 2016 #19
Koch Brothers Money helped get Bill Clinton elected: bvar22 May 2016 #68
And now Charles Koch likes Hillary for president. senz May 2016 #79
She plans to complete the gutting if 'elected' President yourpaljoey May 2016 #9
Like privatizing Social Security? Octafish May 2016 #24
wow yourpaljoey May 2016 #34
K&R vintx May 2016 #10
The New Democrats: The Coalition Pharma and Wall Street Love Octafish May 2016 #31
That things like this don't seem to matter to them just kills me. vintx May 2016 #42
UBS Wealth Management is Buy Partisan Octafish May 2016 #47
BC has so many unsavory cohorts. senz May 2016 #80
Excellent article, except for the first phrase of the excerpt tularetom May 2016 #15
History to fill gaps in the fossil record... Octafish May 2016 #36
Gutted? This presumes they and Democrats were progressives to begin with. apnu May 2016 #25
JFK battled Wall Street and Big Business Octafish May 2016 #40
Like I said, the Democratic Party has a spotty history. apnu May 2016 #41
Not exactly. JFK is one of many Democrats who believe in Democracy. Octafish May 2016 #44
OK you like JFK, I get it. I like him too apnu May 2016 #48
Robert F. Kennedy, Jr. addressed Wayne State University in 2007... Octafish May 2016 #50
Sweet! Glad you're around. (nt) apnu May 2016 #57
K&R! dana_b May 2016 #29
That's why we gotta stay and FIGHT! Octafish May 2016 #43
putting up with you? dana_b May 2016 #46
Salon has turned into an irrelevant rag tonyt53 May 2016 #30
Like Don't Ask Don't Tell? Octafish May 2016 #38
K&R Dragonfli May 2016 #39
GE CEO: I Will Not Release State Department Emails From Hillary Clinton Octafish May 2016 #61
I think I know where Immelt is going with this and where he stands politically Dragonfli May 2016 #62
Another fantastic thread, Octafish! So much information. K&R. nt. polly7 May 2016 #45
What Hillary tells the BIG WIGs Octafish May 2016 #60
Very true. K&R Betty Karlson May 2016 #49
$5 BILLION IN POLITICAL CONTRIBUTIONS BOUGHT WALL STREET FREEDOM FROM REGULATION, RESTRAINT Octafish May 2016 #84
This information has already had its own OP, I hope? Betty Karlson May 2016 #91
Kicked and recommended. Uncle Joe May 2016 #51
The New Deal created the Middle Class... Octafish May 2016 #113
Kickin' immoderate May 2016 #56
LESSON: Instead of acting like cowardly Republicans, we need to act like brave Democrats. Octafish May 2016 #115
Happy to fight against the *proliferation of Reaganite presidents,* immoderate May 2016 #116
K&R for the original post and subsequent informative posts and links. JEB May 2016 #58
Maybe the DLC didn't NEED to turn to the RIGHT. They just, em, WANTED to. Octafish May 2016 #114
Kick! felix_numinous May 2016 #59
Another beautiful loser thread anigbrowl May 2016 #63
Here's to being "practical" farleftlib May 2016 #64
Well I'm going to put my own interests first anigbrowl May 2016 #67
So we must settle for whomever. Octafish May 2016 #65
That's how things go in elections anigbrowl May 2016 #66
True. Do you think as President she'll work on campaign finance reform? Octafish May 2016 #69
You should start a new thread if you want to talk about something different anigbrowl May 2016 #71
It is my thread. Octafish May 2016 #72
I guess you've lost the ability to look at the thread history anigbrowl May 2016 #73
''Another beautiful loser thread.'' Octafish May 2016 #74
I didn't promise you'd like it anigbrowl May 2016 #78
Like money trumps peace? Octafish May 2016 #81
Yawn, typical that you would respond with copypasta nt anigbrowl May 2016 #82
Why waste what's worth knowing? Octafish May 2016 #85
Apparently I know a lot more about winning elections anigbrowl May 2016 #86
Not apparently. It would show. Octafish May 2016 #88
Only to those with eyes to see anigbrowl May 2016 #89
For you, that's profound. Octafish May 2016 #99
The loss of 910 state legislature seats, 12 governors, 69 house seats, 13 Senate seats is a success? Cobalt Violet May 2016 #94
It doesn't look like you are going to win the general. Cobalt Violet May 2016 #93
You're so mired in the rigged system you don't see that CrispyQ May 2016 #101
You know I'm from Europe, right? anigbrowl May 2016 #109
Clintons have played a key role in the dismantling of the Democratic party. tabasco May 2016 #70
They act as if there's no one to turn to. And they are right: apart from Bernie... Octafish May 2016 #75
K&R - thanks, Octafish senz May 2016 #83
Hillary Clinton's Ghosts: A Legacy of Pushing the Democratic Party to the Right Octafish May 2016 #110
“The moderate and conservative Democrats didn’t make it past the first round in its primaries..... DJ13 May 2016 #87
K & R AzDar May 2016 #90
K&R! This post deserves hundreds of recommendations. Enthusiast May 2016 #92
These sort of posts Demsrule86 May 2016 #95
If Hillary Clinton can't stand up to the facts, what chance does she really have? Octafish May 2016 #97
K&R.. disillusioned73 May 2016 #98
And then there's this: CrispyQ May 2016 #100
I had to read the comments for that, I thought it must have been satire. polly7 May 2016 #103
You can see a lot of us thought it was satire. CrispyQ May 2016 #105
I just read this, Octafish .. I'm positive everyone here knows of all of it polly7 May 2016 #102
Our suffering translates to their power. Octafish May 2016 #107
Except this article overlooks why the DLC rose. One of the 99 May 2016 #104
October Surprise + Safari Club = CIA Old Boys in Power For Ever and Ever Octafish May 2016 #106
K&R#121 n/t bobthedrummer May 2016 #108
Phil GRAMM is why I wouldn't have voted for Bankster Bail Out Bill. Octafish May 2016 #118
K&R nt antigop May 2016 #111
And let's not forget the Telecommunications Act of 1996 Time for change May 2016 #112
Roughly a couple of hours spent reading through all this material... 2banon May 2016 #117
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