$32 Trillion Being Hoarded by World's Wealthiest

Discussion in 'Politics' started by RedStar, Aug 9, 2012.

  1. RedStar The Comrade! Registered Senior Member

    Messages:
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    http://www.huffingtonpost.com/2012/07/22/super-rich-offshore-havens_n_1692608.html
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    Can you imagine what could be accomplished with that staggering amount of wealth? We could invest it into the community and solve so many global problems. But we do not, because apparently, the world's wealthiest "earned" $32 Trillion with all their "hard work".
     
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  3. Michael 歌舞伎 Valued Senior Member

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    If it's "hidden" then why do you know about it? Oh, that's because it's NOT hidden.
    Stashed would be more apt.

    What I find funny is this concept "IF ONLY we could get our hands on that lost tax 'revenue' then we could start solving some social problems... blah blah blah".

    Isn't that hilarious? Some 0's and 1's "hidden" somewhere is what's keeping us from being prosperous. Not the fractional reserve monetary system we're trapped in. It's all those 0's and 1's hidden on a floppy disk stashed in a desk drawer somewhere in Jamaica... IF ONLY WE COULD GET OUR HANDS ON THAT DISK!!!!!!!!
    .... the one that's hidden, that we just so happen to know about because it's actually not hidden and all that money is accounted for by anyone who uses SWFT. THEN we'll be able to fix it all!

    hahaha.....


    ALL aboard Sheeple... next stop La La Land followed by stops at the Federal Reserve, Military Industrial Complex and US Senate. We'll be playing the Presidential Reality Show for your entertainment pleasure. Please buckle in - once the train leaves you're not allowed to exit your seat. TooT TooT



    The Fish Rots from the Head Down
     
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  5. RedStar The Comrade! Registered Senior Member

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    "Stashed" or "hidden", the point is it is kept away.

    That may be the argument of democrats and liberals, but I'd disagree. Forget the tax revenue. Seize all of it.

    All of that money is a representation of wealth, and as long as the current system is propped up, it has value. $32 trillion would go a long way towards investing in infrastructure and capital for the communities of the world. That's a staggering amount of wealth being hidden in private hands. That's approximately double the American GDP of $15.09 trillion for 2011.
     
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  7. Michael 歌舞伎 Valued Senior Member

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    Well, it wasn't hidden. Each and every cent is fully disclosed to the US Federal Government.

    Trying to fix this monetary system and make it work for the people would be like trying to fuck your way to virginity or bombing people to democracy. It isn't possible.
     
  8. Tiassa Let us not launch the boat ... Valued Senior Member

    Messages:
    37,894
    Tin as a political commodity

    Isn't that splitting the hair a little finely?

    I mean ... everybody knows I have a stash box. Doesn't mean they know where it is, or what's in it at any given moment.

    Very few people advertise the location and content of their stashes.

    Well, if I need a ticket, can I borrow some tinfoil? All I've got around here is aluminum.
     
  9. Michael 歌舞伎 Valued Senior Member

    Messages:
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    The banks disclose the amount they have to the Federal Regulators. IOWs there is NO hidden money at all. At least not if it's in a bank.

    Which is why JP Morgan keeps 3500+ off shore corporations to keep their tax bill low. If they could "hide" their money in a "Bank" then they'd buy one and save themselves a bunch of money "hiding" it there. The fact is the US Federal Regulators know where every last cent is and so it's not about not knowing, it's about ensuring the right boxes are ticked.

    See, the laborer can't afford this. Which was well know by those imbecilic founding fathers of ours and why they insisted we don't have a central bank and we don't pay tax on something we own - our labor. Because they damn well knew there'd come a day when we'd be paying while the rich used their money and influence to ensure they don't. Which is exactly the state we find ourselves in and in which we will stay for the remainder of our lives.

    We lost. They own you. Get used to it.

    Now, our role is to vote for which pig has the most lipstick and go back to our stall feeling "our side is making a difference.... if only the other side would pay fair life would be wonder-tastic-licious.
     
  10. Michael 歌舞伎 Valued Senior Member

    Messages:
    20,285
    [table="width: 500, class: grid, align: left"]
    [tr]
    [td]Item [/td]
    [td]Requested[/td]
    [td]Enacted[/td]
    [/tr]
    [tr]
    [td]Individual income tax[/td]
    [td]$1141 billion[/td]
    [td]$1165 billion[/td]
    [/tr]
    [tr]
    [td]Corporate income tax[/td]
    [td]$329 billion[/td]
    [td]$925 billion[/td]
    [/tr]
    [tr]
    [td]Social Security and other payroll tax [/td]
    [td]$237 billion[/td]
    [td]$841 billion[/td]
    [/tr]
    [/table]


    Hope you like those roads (that you actually pay for via local gas tax) or those public schools (also paid locally) pumping out all those 'literate graduates' or that "Great Society" we've created complete with a permanent underclass - one that even the "Robber Barron's" would have thought as sick and perverse - which has become, for us the norm.

    I don't believe in the Clergy - I should be the one wearing a tinfoil hat.
    I don't believe in the State - I should be the one wearing the tinfoil hat.
    I don't want to use force against people - I should be the one wearing the tinfoil hat.

    This includes raising children logically and peacefully, not accepting propaganda like "For the Good of Society" or "The Will of God"... and so yes, I'm the one that be the one wearing the tinfoil hat. Which I can use to boil my cup of hemlock for lunch. Courtesy of the State.
     
  11. RedStar The Comrade! Registered Senior Member

    Messages:
    462
    It is the sad truth, but I am hopeful that more and more Americans will become disillusioned with the fake "democracy" that we have here and start thinking about alternatives to capitalism/corporatism/whatever you want to call it.

    Worry not, lad. We've been in similar situations.

    Please Register or Log in to view the hidden image!



    I read a rather interesting Marxian analysis that explained the need for a "permanent underclass" and a "cycle of bad education" - these are the people who are the cheap labor. These are the people who work the Mickey D's, who won't question the authority and won't act out for fear of losing their jobs.

    The problem with capitalism is that it is not in the best interests of those at the top to have an educated working class. It's not in their best interests to end war and poverty and disease - far too many people build a living off of the continued existence of social ills.

    What is force? Poverty is force.

    All revolutions are authoritarian: the attempt by one class to impose their class authority. We musn't be afraid of force or authority. The working class must utilize their own force and authority.
     

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