The 1 % of the 1%

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bobguzzardi's picture
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     The 1%

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Former NJ Guv Corzine (pictured above with Obama) just resigned as CEO of MF Global after $600 million of client money has gone missing and the FBI investigates...

=================

Brotherhood of Thieves ~ As we must account for every idle word, so must we account for every idle silence.

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dmuth's picture
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Okay, that makes sense.  And that's a bit an "oopsie" right there. Sticking out tongue

 

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bobguzzardi's picture
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Right here in Lower Merion, we see the political class and the government aligning with millionaire, private, for profit  politically connected Democratic developer Carl Dranoff and the City Ave Zoning, again the property owners and developers aligning with same political and government class.

Obama says he speaks for 99% and yet he is inextricably intertwined with the 1% financial interests. The Obama campaign and Democrats still get most of the Wall Street money.

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bobguzzardi's picture
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  l    aerial view

Home of anti-free market, Leftist and OWSer Democrat Michael Moore on Torch Lake, Michigan, probably valued close o $2 million dollars. It seems that Michael Moore is a 1%who pretends to be a 99% because it is good for his image as working guy, the little guy "Have not" attacking the outrages of the "Haves " using the Alinsky model.

For more read http://bighollywood.breitbart.com/abreitbart/2011/11/10/exclusive-photos-michael-moores-massive-michigan-vacation-mansion-beyond-99-percents-wildest-dreams/

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You keep bringing things like that up as if it's bad, and that us liberals are all going to gasp and reject someone because he's rich. If anything it's a lot more impressive when a rich person advocates for fairer policies that are against his personal financial interests.

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politeia's picture
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I always advocate not only for equality, but a system that provides equality in a manner that the rich and big corporations/institutions can't benefit at the expense of the poor and middle class, i.e. true free markets, no government manipulation, guarantees, bailouts, etc, end the Fed, etc.

The current system with government sponsored programs to help the poor and middle class with buying homes, getting student loans, "helping" with medical care are abject failures as prices have sky rocketed and quality has gone down - and in a really insulting turn to the poor and middle class, prices collapsed in housing collapsed as the Austrian business cycle theory predicted they would.

This is what happens when the government gets involved in just about anything to "help" on a whole scals, national level.

Special interest, lobbyists, and crony capitalism rules the roost and the rich get richer while the middle class gets wiped out.

All this federal "help" is also unconstitutional.

However, I have always stated I do support programs that help the most needy, but rather on the state level where it is constitutional.

Our current Keynesian economic system that both parties embrace is an abject failure.

We need a whole new economic system (I propose Austrian school free markets) and we need only the most essential government involvement so the special interests, lobbyists and corporations don't rule the roost.

With less government involvement and with true competition, prices would go down and quality would do up in education (I'm referring to colleges - I support public secondary schools) and health care due to that competition, while the housing boom/bust would never have occurred, or at least only to a minor degree as interest rates would have been set by the market based on voluntary economic decisions over a period of time - as opposed to the Federal reserve price fixing by setting interest rates artificially low, which put together with government guarnatees by Fannie and Freddie, caused the economic calamity we are currently in.

Less government, please.

=================

Brotherhood of Thieves ~ As we must account for every idle word, so must we account for every idle silence.

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Michael Moore engages in Alinsky like Class Warfare of Have Nots v Haves. Is he is own enemy?

It would be more impressive if he gave away his money to the Have Nots rather than spend it on a house that only the 1% could afford.There is a lack on authenticity and sincerity in his Class Warfare. Maybe he does it because it pays well and because it enhances his prestige and power.

 

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Well, here's one good response to that question:

Michael Moore Pays Medical Bills of Conservative Critic’s Wife

Michael Moore advocates that the rich pay their share of taxes. You may or may not agree with that, but what's hypocritical about Michael Moore's position?  If he was advocating that he himself should be exempt from paying his fair share then that would be hypocritical.

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LexoTime5's picture
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Sorry to quibble, Bob, but read your own article you link to. It says:

places Moore’s vacation home near the top one percent of home values in affluent Forest Home Township

"near the top 1%" is, actually, part of the 99%.

However, your (and Breitbart's) basic premise -- that the working and middle class "99%" harbor an ingrained mistrust and/or animosity toward the rich "1%" -- is deeply flawed.

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Despite the obvious evidence to the contrary, Michael Moore denies he is part of "1%"

https://mail.google.com/mail/#inbox/1339b8cc9364ceea       Why would Michael Moore deny the obvious? Because to admit that he is, undermines his credibility as the voice of the exploited, little guy somehow swindled by Wall Street's profit driven sharks. To make this admission, Michael Moore would expose himself as the phony he is. 

 

The Video http://www.examiner.com/conservative-in-spokane/michael-moore-denies-being-part-of-the-1-percent-video

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Basic logical fallacy.

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Let’s face it; there are a ton of hypocrites on the left and the right.

I really appreciated “Roger and Me”. That was before Moore really made it, and you can tell it was from his heart.

However, his later works like “Bowling for Columbine” were purposeful political lightening rods that disassembled and disambiguated in order to attempt to create the most outrage to entice viewers and make Moore more money, and even anti-gun types I know saw trough his shallow attempts to paint all gun owners as lunatics.

Where Moore makes a good point in the above video (and I believe him) is he is trying try to prevent people of lesser means from being “crapped on”.

So why can’t the left and the right agree on some areas where people are being crapped on?

I’d say crony capitalism where Big Business benefits in cahoots with Big Government, and at the expense of everyday Americans, would make sense as a common rallying cry.

Unfortunately, it won’t happen.

I essentially believe we have one political party (same monetary policies, same fiscal policies, same warmongering policies, same foreign policy, same size of government, same role of government).

Since they are so similar, they have to make up ways to differentiate themselves.

Thus the emotional wedge issues that never change either like gun control, abortion, school vouchers, etc.

The two parties are essentially the same on the most substantive and costly issues, so they have to try and make themselves look different.

That’s why all this talk of liberals v. conservatives does not mean much to me.

Outside of a few pieces of legislation here and there that that distinguish the parties, how are Obama, Dubya, Clinton and H.W. really different? They aren’t.

If, again, you look at wars, fiscal policy, monetary policy, role of government, etc., it has been a bipartisan effort to create $15 trillion in debt and cause an economic collapse while crony capitalism, lobbyists and special interests have ruled the roost in Washington under all of these presidents, and this inevitably harms average Americans while Big Business, the wealthy and the political class prosper.

Yet both parties allow this to happen. Obama certainly has not changed a thing. He has just perpetuated and grown the biggest problems with government. It gets worse with each new president – and regardless of party.

=================

Brotherhood of Thieves ~ As we must account for every idle word, so must we account for every idle silence.

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Are you saying that Michael Moore is a hypocrite of the Left?

Of course, there are hypocrites in the Republican Party and on the Right which Jon Stewart and the Liberal Mass Media reminds us incessantly. Dog bites man is not news. Man bites dog, that is, a hypocrite of the Left, that's news.

 

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Michael Moore, Jon Corzine, Jon Stewar are Left Wing, Secular Elmer Gantrys.

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How so? Please state your reasoning. If any.

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bobguzzardi's picture
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see above photo of House and link It is obvious to all who see what can be seen.

"fair share" and what is that? Don't investors make a contribution by producing goods and services we want and need? and who provides employment? the bankrupt? and who funds the government so it can provide services? the poor?

 

 

http://www.saveardmorecoalition.org/comment/reply/5848/24007

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Problem with counting investment funds as the "contribution" of the wealthy to society: Whom are they investing in? China? India? Emerging markets? That is simply allowing capital to follow opportunity. It's the way of the world, like it or not, and it's nothing to do with the rich paying their "fair share."

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The 1% of Lower Merion

http://www.saveardmorecoalition.org/node/6076/millions-millionaire-dranoff-democrats-who-cant-be-trusted-money-rogan-maguire-bernheim-mc

Dranoff's  Dream  Real World Taxpayer Nightmare.

 

 

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 Joe Biden: “Jon was right.” http://www.youtube.com/watch?v=xm3VMrKqJSA&feature=share

From Errol Phillips: “ You can't make this stuff up: Campaigning for Gov. Jon Corzine in 2009, Vice President Joe Biden brags that Corzine was the first person the new president called for advice on how to handle the banking crisis. Corzine has been in the news recently as a failed and disgraced CEO of MF Global, Inc.

Click here  to watch the youtube. http://www.youtube.com/watch?v=xm3VMrKqJSA&feature=share It just doesn't get any better than this.”

                                                               

 

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General Electric, one of the largest corporations in America, filed a whopping 57,000-page federal tax return earlier this year but didn't pay taxes on $14 billion in profits.

Nov 17, 2011 Weekly Standard By John McCormack http://www.weeklystandard.com/blogs/ge-filed-57000-page-tax-return-paid-no-taxes-14-billion-profits_609137.html

                                                                                                                                                                                                    Smiling like the cat who ate the canary , 1% GE President Jeffrey Immelt knows how to work the system.

 

  President Obama applauds GE President Jeffrey Immelt

 

The fact that GE paid no taxes in 2010 was widely reported earlier this year, but the size of its tax return first came to light when House budget committee chairman Paul Ryan (R, Wisc.) made the case for corporate tax reform at a recent townhall meeting. "GE was able to utilize all of these various loopholes, all of these various deductions--it's legal," Ryan said. Nine billion dollars of GE's profits came overseas, outside the jurisdiction of U.S. tax law. GE wasn't taxed on $5 billion in U.S. profits because it utilized numerous deductions and tax credits, including tax breaks for investments in low-income housing, green energy, research and development, as well as depreciation of property.

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      The Democratic Double Standard   

Multimillionaire One Per Centers Democratic Minority Leader, Former Speaker of the House from 2007 to 2009, presently Minority Leader of the House Nancy Pelosi and Smart Investor Paul Pelosi.

 

     VISA IPO for Pelosis but not for The Forgotten Taxpayer 

http://news.investors.com/Article/592044/201111171848/pelosi-corzine-visa-scandal.htm

 Pelosi      Occupy Wall Street

http://www.realclearpolitics.com/video/2011/10/06/pelosi_on_occupy_wall_street_activists_god_bless_them.html

      VISA Dodges the Swipe Fee Bullet

http://www.okctalk.com/showthread.php?t=27777&page=1 I

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Where's the Cash, Corzine? It seems about $1.2 billion of customers' money is unaccounted for.

http://dealbook.nytimes.com/2011/11/21/mf-global-trustee-estimates-shortfall-could-be-more-than-1-2-billion/?ref=business

Customers are Angry that $3 billion of their own money; 40% of customers can't get their own money back from Jon Corzine

http://ca.news.yahoo.com/insight-anger-mounts-mf-global-clients-see-3bln-190836206.html

  Democrats Cannot Be Trusted With Money - Jon Corzine and MF Global

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