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xchrom

(108,903 posts)
Wed Apr 23, 2014, 06:06 AM Apr 2014

Clueless Young Billion-Heirs Get Royal Treatment at White House

http://www.alternet.org/economy/clueless-young-billionheirs-get-royal-treatment-white-house



Are you young? Largely ignorant of what goes on in the real world? Is your name Rockeller or Marriott? Could you pass for Justin Bieber?

The President wants to see you, baby! Come on up in here.

As economist Thomas Piketty, author of a new blockbuster book on inequality, tours the East Coast warning that America will soon become a place in which inherited wealth means as much — or more — as it did in Downton Abbey Britain, the White House is wasting no time pandering to young people who have grown up in breathtaking privilege. The New York Times reported that the Prez recently invited a passel of fat kittens to an invitation-only summit to "find common ground between the public sector and the so-called next-generation philanthropists, many of whom stand to inherit billions in private wealth."

Like royal courts in time of yore, when the scions of the wealthy would preen and socialize with others of their ilk, todays oligarchs-in-training are coming to DC to see and be seen, to pay and accept tribute. In order to make things appear less crass than a simple handover of cash, these young folks are invited to indulge their ruminations about improving society — which, as you might imagine, does not involve things like a global wealth tax. Or larger inheritance taxes.
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Clueless Young Billion-Heirs Get Royal Treatment at White House (Original Post) xchrom Apr 2014 OP
OMFG, X ... bread_and_roses Apr 2014 #1
Sick. woo me with science Apr 2014 #2
What is sick? Asking people with billions to Eisenhower to discuss Human Trafficking, and Climate msanthrope Apr 2014 #7
And here you are, woo me with science Apr 2014 #8
You're not going to convince me that asking rich young people to invest in America Arkana Apr 2014 #20
I love the smell of Third Way surrealism in the morning. :) woo me with science Apr 2014 #26
FDR and JFK are Third Way? VanillaRhapsody Apr 2014 #32
Here, have a candy. woo me with science Apr 2014 #36
So according to you the man who was the architect of Social Security Arkana Apr 2014 #43
This is perhaps one of the most interesting tactics of the propaganda. woo me with science Apr 2014 #48
HOW THE HELL IS IT A MISREADING?! Arkana Apr 2014 #51
Shhhhh. Calm down. You will strain your caps finger. woo me with science Apr 2014 #58
So it's "Third Way" now to accept that rich people can do good Arkana Apr 2014 #42
The Third Way LOVES the rich to do good "if they decide to." woo me with science Apr 2014 #45
It is NOT "brazenly plutocratic" to ask rich people to do good things with their money! Arkana Apr 2014 #54
I'm with you, Arkana. I feel I'm a progressive and I wouldn't hesitate to influence esp. young The Wielding Truth Apr 2014 #86
"Goosestepping them into jail or chiding them at this stage of their power would only rile them." woo me with science Apr 2014 #93
"telescreens erupt in praise" only if you've watched 1984 a few hundred too many times, LOL. bettyellen Apr 2014 #104
I'm not LOLing at the propaganda machine. woo me with science Apr 2014 #105
Yes--because this a completely black and white issue. You must be with them, or against them.... msanthrope Apr 2014 #22
You are so right, we should send them to Rus-Si-A so they can help Putin! snooper2 Apr 2014 #28
LOL. That's perfect. woo me with science Apr 2014 #33
LOL! Rex Apr 2014 #79
Bwah! But I think you meant "neoliberal"... woo me with science Apr 2014 #100
As if you are any less predictable LordGlenconner Apr 2014 #59
Yes, I am *consistently* against plutocracy, woo me with science Apr 2014 #61
Yes because only the children of the poor can be called upon to do good ... 1StrongBlackMan Apr 2014 #12
Huh? daleanime Apr 2014 #16
Even with the article's ridicukous framing ... 1StrongBlackMan Apr 2014 #47
I don't see the problem with it either tammywammy Apr 2014 #49
"Should taxes be raised? Yes. But that's not going to happen..." woo me with science Apr 2014 #52
Exactly....why shouldn't these kids be called upon to use their money wisely? msanthrope Apr 2014 #18
I think the "Very Far Left" are "just that far" from circling around and bumping into their Very VanillaRhapsody Apr 2014 #46
That is a fabulous point Number23 Apr 2014 #94
Uh huh ... 1StrongBlackMan Apr 2014 #96
I doubt many people here waste time on the "fashion & style" section of the NYT magical thyme Apr 2014 #17
How about we talk about a 40% tax on inherited wealth... lumberjack_jeff Apr 2014 #24
+1 whatchamacallit Apr 2014 #30
Bootlicking and holding court for their children is much more effective. woo me with science Apr 2014 #35
Why talk to them about increasing the inheritance tax? ... 1StrongBlackMan Apr 2014 #50
Raise the tax and "doing good" takes care of itself. lumberjack_jeff Apr 2014 #60
More "Either/Or" thinking. eom. 1StrongBlackMan Apr 2014 #62
We've tried option b. lumberjack_jeff Apr 2014 #63
No other reason to donate money? IronLionZion Apr 2014 #69
As taxes have dropped, business investment and charity have too. lumberjack_jeff Apr 2014 #70
^^^This!^^^ now that's talkin'!!! Zorra Apr 2014 #75
That would be great--but how do you preserve things like family farms? The problem with high msanthrope Apr 2014 #78
Why are "family farms" different from "family art galleries" or "family Microsoft shares"? lumberjack_jeff Apr 2014 #82
Because there is a social value to keeping small farms going. When small farmers are forced pnwmom Apr 2014 #89
Perhaps you should speak to those who court billionaires woo me with science Apr 2014 #90
I'm not thrilled with everything the President does. pnwmom Apr 2014 #91
That's certainly the argument. We are to excuse the looting, woo me with science Apr 2014 #92
I'm not saying that. But I refuse to hate on someone pnwmom Apr 2014 #95
Sick that this is tolerated at all. JackRiddler Apr 2014 #72
Rich people aren't our enemies. Rich conservatives are. JaneyVee Apr 2014 #64
Yes, rich corporatists. No matter which party they belong to woo me with science Apr 2014 #65
For that matter, poor corporatists. JaneyVee Apr 2014 #66
K&R 99Forever Apr 2014 #3
The CDC should have issued a bulletin... Earth_First Apr 2014 #4
"Fat Kittens!" "Silver Spoonies!" Brigid Apr 2014 #5
UNrec for a factually deficient article--holding conferences on Human Trafficking and Climate Change msanthrope Apr 2014 #6
Right there with you --- how else are we going to battle the Koch money? rosesaylavee Apr 2014 #13
By arresting and expropriating the criminals. JackRiddler Apr 2014 #73
But Obama invited them so it must be ok TBF Apr 2014 #9
Actually, President Obama didn't invite them. The Office of Technology did..but I agree with you msanthrope Apr 2014 #19
Then we need to GOTV TBF Apr 2014 #29
well taxes were scheduled to rise automatically - twice hfojvt Apr 2014 #38
Right--the taxes you are talking about were tied to extending unemployment compensation for millions msanthrope Apr 2014 #67
Not even trying to keep up appearances anymore. NuclearDem Apr 2014 #10
Post removed Post removed Apr 2014 #15
Well, we are assured that *President Obama* didn't invite them. :) woo me with science Apr 2014 #31
Good they'll give mega bucks to the party. Gman Apr 2014 #11
Of course they do... awoke_in_2003 Apr 2014 #14
President Obama invited these people to the WH: ProSense Apr 2014 #21
I read the comments to this posts and cannot believe my eyes. I think a lot of you need to read some jwirr Apr 2014 #23
Well if you want to do it peacefully you use taxation - TBF Apr 2014 #34
I do not disagree with you. I did not see anywhere that the rich kids were being asked what to do. jwirr Apr 2014 #37
I hope you're right - TBF Apr 2014 #39
Clueless Young Billion-Heirs Get Royal Treatment anywhere and everywhere. Autumn Apr 2014 #25
Dems trying to make all rich the enemy is as short sighted Sheepshank Apr 2014 #27
The rich are not the enemy - capitalism is the enemy. nt TBF Apr 2014 #40
As if there is a practical difference. JackRiddler Apr 2014 #74
In my mind it's an important TBF Apr 2014 #77
Capitalism and the rich can't be separated. JackRiddler Apr 2014 #97
OK, I really can't argue w/that. nt TBF Apr 2014 #98
Correction ... 1StrongBlackMan Apr 2014 #53
The Lord loves the rich. In my next life I want to be born filthy rich. Douglas Carpenter Apr 2014 #41
"Some people call you the elite. I call you my base." nt raouldukelives Apr 2014 #44
Wooing these people will not work. Warpy Apr 2014 #55
'My administration..only thing between you and the pitchforks' leftstreet Apr 2014 #56
Negative posting. blue neen Apr 2014 #57
You Better Believe It! nt msanthrope Apr 2014 #68
Anger the right, discourage the left. JoePhilly Apr 2014 #71
Yes, you should stop that Fumesucker Apr 2014 #76
if you were a clueless young billion-heir - wouldn't you want to be feasted royally at the White Douglas Carpenter Apr 2014 #80
Leave the aristocracy alone! Rex Apr 2014 #81
I know: in a regime of unprecedented inequality kenny blankenship Apr 2014 #84
if you got a billion dollars you have a friend in the white house kenny blankenship Apr 2014 #83
Good intentions, bad implementation The Straight Story Apr 2014 #85
Who would better know how to help our society? Fumesucker Apr 2014 #87
a couple of my wacky New Age friends tell me that we choose our lives when we are reincarnated Douglas Carpenter Apr 2014 #88
I'm going to ask to be a star when I'm reincarnated - TBF Apr 2014 #99
Get in line n/t Prophet 451 Apr 2014 #101
oh, I've been in line -- for a thousand years Douglas Carpenter Apr 2014 #103
I wish I was surprised Prophet 451 Apr 2014 #102
 

msanthrope

(37,549 posts)
7. What is sick? Asking people with billions to Eisenhower to discuss Human Trafficking, and Climate
Wed Apr 23, 2014, 08:07 AM
Apr 2014

Change? Asking people with money to consider impact investing?

The Times reported on this last week, and you didn't say a word about it then....

http://www.nytimes.com/2014/04/20/fashion/white-house-hosts-next-generation-young-and-rich.html?_r=1

woo me with science

(32,139 posts)
8. And here you are,
Wed Apr 23, 2014, 08:18 AM
Apr 2014

as predictable as the sunrise.

Orwell was right, that there is something vaguely comforting about the omnipresence of soothing pro-government voices. We must love the plutocracy and their good deeds on our behalf, just as the Oceanians loved Big Brother.

As efficient as a telescreen!

Arkana

(24,347 posts)
20. You're not going to convince me that asking rich young people to invest in America
Wed Apr 23, 2014, 09:22 AM
Apr 2014

is a bad thing. We could use their money to do good things.

Jesus, you guys would have drummed FDR and JFK out of the party, wouldn't you?

woo me with science

(32,139 posts)
26. I love the smell of Third Way surrealism in the morning. :)
Wed Apr 23, 2014, 10:36 AM
Apr 2014

The sweet propaganda drumbeat to not only normalize, but celebrate plutocracy.

Now the White House holds royal court with the children of Rockefellers, and the telescreens erupt in praise. Surely this administration can coax our betters to scatter some of their largesse upon us. Surely enacting their predatory economic agenda must be worth something in return.

Yes, this is what now passes...in Third Way talking points...for calling on the rich to "invest in America."

What a creepy, plutocratic version of America and the Presidency we are being asked to accept. And the bizarro references to FDR and JFK in this context are the creepy Third Way cherry on top.




Arkana

(24,347 posts)
43. So according to you the man who was the architect of Social Security
Wed Apr 23, 2014, 11:13 AM
Apr 2014

was nothing more than a "Third Way" DINO.

Thanks, I guess we know where you stand.

woo me with science

(32,139 posts)
48. This is perhaps one of the most interesting tactics of the propaganda.
Wed Apr 23, 2014, 11:36 AM
Apr 2014

Feigned misreading of sentences that are not confusing at all. And even better to team up and both pretend to misunderstand what is clearly written.

Very interesting to watch the teamwork and the shamelessness involved.

Arkana

(24,347 posts)
51. HOW THE HELL IS IT A MISREADING?!
Wed Apr 23, 2014, 11:43 AM
Apr 2014

You didn't address any of the points I made, and you are literally handwaving everything away that I say with cries of "THIRD WAY THIRD WAY BAAAAAWK THIRD WAY!"

I'm sure that THIS will be dismissed with more parrot-like "THIRD WAY!" cries, but you know who else does what you're doing? Freep. This is how they argue.

woo me with science

(32,139 posts)
58. Shhhhh. Calm down. You will strain your caps finger.
Wed Apr 23, 2014, 11:59 AM
Apr 2014

You can pretend that I said FDR was Third Way all you want. I am merely pointing out how silly it looks to anyone who actually read my post.

I don't think you made a point above, apart from your absurd and transparent attempt to pretend that I said FDR was a Third Way Democrat. You did make a point below, which I answered directly. I agreed with you that Third Way politicians (and Republicans) want rich people to do good deeds when they feel like it.

Arkana

(24,347 posts)
42. So it's "Third Way" now to accept that rich people can do good
Wed Apr 23, 2014, 11:12 AM
Apr 2014

with their money if they decide to?

You know, if you're the textbook definition of "liberal", then I'm ashamed to call myself one.

woo me with science

(32,139 posts)
45. The Third Way LOVES the rich to do good "if they decide to."
Wed Apr 23, 2014, 11:29 AM
Apr 2014

So do Republicans.

"If they decide to" is pretty much the core of the Third Way/Republican philosophy when it comes to the rich.

That's how they justify giving them all the policies they want. And holding royal receptions for their children which are then bizarrely advertised as having them "invest in America."


And of course you feel that way about me. The talking point defense of brazenly plutocratic behavior by Democrats always comes with a free personal smear!

Arkana

(24,347 posts)
54. It is NOT "brazenly plutocratic" to ask rich people to do good things with their money!
Wed Apr 23, 2014, 11:45 AM
Apr 2014

You holier-than-thou "progressives" make me sick.

The Wielding Truth

(11,415 posts)
86. I'm with you, Arkana. I feel I'm a progressive and I wouldn't hesitate to influence esp. young
Wed Apr 23, 2014, 04:21 PM
Apr 2014

billionaires to use their family money to support our Democracy and if I had control of Congress I would insist on it.

Goosestepping them into jail or chiding them at this stage of their power would only rile them. The young have a better sense of equality from their mix with everyday other young people from school or social events.

woo me with science

(32,139 posts)
93. "Goosestepping them into jail or chiding them at this stage of their power would only rile them."
Wed Apr 23, 2014, 07:49 PM
Apr 2014

That does seem to be the conclusion of this administration. So much safer and wiser to nuzzle up to them and hope that a loyal lapdog will merit an occasional bone.

woo me with science

(32,139 posts)
105. I'm not LOLing at the propaganda machine.
Fri Apr 25, 2014, 09:03 AM
Apr 2014

Last edited Fri Apr 25, 2014, 09:41 AM - Edit history (1)

Its presence is evidence of how sick and corrupt our political landscape has become. I think those who participate in it should be ashamed. They are no better than any hired hacks, and they have chosen a lying, dishonest occupation that is beyond conscience and beneath contempt. Shilling for this corporate dismantling of America and driving of millions into poverty and despair is, IMO, incompatible with human conscience and decency. I couldn't do it. I could not face my family, people I respect, or myself in the mirror.

Of course the messaging is Orwellian. This brazen spin, this incessant fiction and propaganda the 24/7 brigade attempts to dispense here is absurd.

We are to deny this administration's own actions. We are to pretend not to see the pattern that is glaringly evident before our eyes. We are to ignore the daily, proactive, aggressive efforts of this administration and all corporate pols on behalf of the One Percent. We are to nurse the ludicrous fiction that this President is merely obstructed by teabaggers and is actually valiantly trying to represent us. We are to pretend all this, even though his actions on a daily basis - appointing corporatists and Wall Street traitors to every area of government and pushing policies that enact their predatory agenda in every policy area - scream a different agenda.

Yes, we are treated like fools by the propaganda machine. This ludicrous, reality-defying fiction that is dispensed like a drumbeat insults our intelligence. This constant fiction that attempts to detach the President from his own behavior and policies is shameless. And it doesn't sell anymore.

Let's be blunt and honest. This has been a corporate, Trojan horse presidency. Barack Obama pretended to be a champion of the 99 percent during the campaign, but the overwhelming thrust of his administration has been to protect and expand Bush corporate policies in every single area of policy important to the One Percent. And that will be the thrust of the next purchased administration, too. This is the cancer that infests our system now. This is the effect of corporate money in politics.

Today's vicious betrayal is net neutrality. No, it's not just about internet pricing. It is the dismantling of perhaps our last opportunity to fight back against the corporate takeover of this country. It is a deliberate handing of control over information and communication to the corporations. Another campaign lie.

And it follows a long line of other critical, devastating betrayals re: protecting criminal bankers; installing corporatists at all levels of government; imposing vicious austerity on the people while protecting corporate wealth; deregulation; pushing for this massive, predatory "free trade" agreement that will sell out national sovereignty re: worker protections and regulations and force Americans to compete with Third World laborers; implementing corporate education policy; entrenching for-profit health insurance cabals; expanding drilling and fracking; growing the unconscionable private prison system and waging the marijuana wars and ugly deportation system to support its profits.

This administration has claimed the right to imprison and murder without due process; it campaigned on transparency but defends a system of secret laws and secret courts; it seeks to lie in response to FOI requests, even to the courts; it persecutes whistleblowers and has twisted the Espionage Act to criminalize investigative journalism and intimidate our free press; it criminalizes and responds brutally and militarily to Constitutionally protected protest, and it surveils and maintains lists of protesters. Our government invasively gropes those who seek to travel and maintains secret lists of those to be denied travel, that cannot be challenged and need not be defended in a court. Federal grants are militarizing our police forces. This administration defends the trashing of the Fourth Amendment and the transformation of the United States of America into a surveillance state. And a propaganda and smear machine has been put into place, targeted at Americans.

But the Third Way can depend on their army of propagandists to deny, minimize, deflect from it all. And to deflect from the result: the hollowing out of this country, the steady stream of people falling out of the middle class and into poverty, the doubling of the wealth of billionaires just since 2009 as a result of policy, and the steady plummeting of the US on virtually every measure of well-being.

We are to drift from betrayal to betrayal, smiling and pretending that it's all *only* the fault of Republicans. No Democrats, much less this administration, have had a hand in any of it, even though we watch those busy hands every day. We are to embrace delusion merely because the President has a "D" after his name.

War is Peace. Freedom is Slavery. Ignorance is Strength. 2+2=5. The chocolate ration has been increased. And anyone who expresses concern about plutocracy...about corporatocracy...about the purchase of our elections and our government and our political parties by corporate interests can expect the immediate, predictable swarming and guffawing from the predictable, ever-present few who incessantly, robotically deny it all and mock that anyone would acknowledge reality.




 

msanthrope

(37,549 posts)
22. Yes--because this a completely black and white issue. You must be with them, or against them....
Wed Apr 23, 2014, 09:24 AM
Apr 2014

Let me know when the 101st Chairborne is organizing the revolution.

 

snooper2

(30,151 posts)
28. You are so right, we should send them to Rus-Si-A so they can help Putin!
Wed Apr 23, 2014, 10:39 AM
Apr 2014

The could like, invest in new bridges and stuff





World's most dangerous road bridge. GPS: 56°13'20.39"N 115°43'54.06"E is 570 meters (1870 feet) Russia Siberia Vitim River crossing River Land Rover Discovery. The bridge is 15 meters above the water. It is the old railway bridge which are not attached sleepers.
 

Rex

(65,616 posts)
79. LOL!
Wed Apr 23, 2014, 03:24 PM
Apr 2014

Ruffling the feathers are you! Looks like you poked a hornets nest! Why can't you support American aristocracy? It is the liberal thing to do donchyaknow!



 

1StrongBlackMan

(31,849 posts)
12. Yes because only the children of the poor can be called upon to do good ...
Wed Apr 23, 2014, 08:36 AM
Apr 2014

We have really gone around a bend here.

I can think of at least one family of multi-millionaires that produced a whole passel of kids, that grew up with "special attention" from the Whitehouse(s) and society, that the left continues to be enamored with.

Why is this any different? Oh, I get it ...

 

1StrongBlackMan

(31,849 posts)
47. Even with the article's ridicukous framing ...
Wed Apr 23, 2014, 11:35 AM
Apr 2014

the salient point of the gathering was:

Prez recently invited a passel of fat kittens to an invitation-only summit to "find common ground between the public sector and the so-called next-generation philanthropists, many of whom stand to inherit billions in private wealth."


I don't see a problem with that ... our path should be to guide/engage these young folks to use some of the money they will inherit to do good. Why would anyone have a problem with that?

tammywammy

(26,582 posts)
49. I don't see the problem with it either
Wed Apr 23, 2014, 11:37 AM
Apr 2014

I frankly find this thread very strange and head shaking. Should taxes be raised? Yes. But that's not going to happen any time soon, so I don't see the problem with encouraging wealthy individuals in philanthropic pursuits. This shouldn't an either/or situation.

woo me with science

(32,139 posts)
52. "Should taxes be raised? Yes. But that's not going to happen..."
Wed Apr 23, 2014, 11:44 AM
Apr 2014


Nope. It's not going to happen. Not even on the table. The TPP is, by the way.

Third Way blase in a nutshell. So let the White House royal receptions for the children of billionaires commence!

Normalization of plutocracy. The first goal of the propaganda.
 

msanthrope

(37,549 posts)
18. Exactly....why shouldn't these kids be called upon to use their money wisely?
Wed Apr 23, 2014, 09:20 AM
Apr 2014

Some here really think that revolution is coming. I guess they'll find out from Twitter where to storm with their pitchforks.

 

VanillaRhapsody

(21,115 posts)
46. I think the "Very Far Left" are "just that far" from circling around and bumping into their Very
Wed Apr 23, 2014, 11:30 AM
Apr 2014

Far Right counterparts with this post....

Number23

(24,544 posts)
94. That is a fabulous point
Wed Apr 23, 2014, 07:53 PM
Apr 2014
I can think of at least one family of multi-millionaires that produced a whole passel of kids, that grew up with "special attention" from the Whitehouse(s) and society, that the left continues to be enamored with.

Would that be a family of people with big teeth, perfect hair and Boston accents, perchance??
 

1StrongBlackMan

(31,849 posts)
96. Uh huh ...
Wed Apr 23, 2014, 09:00 PM
Apr 2014

And, though I was but a pup, I seem to recall(writings and tapes of) the son of a liquor-running, multi-million, patriarchy calling on his fellow multi-millionaires to stress philanthropy with their trust-fund children, just as he did.

But that's different ...

 

magical thyme

(14,881 posts)
17. I doubt many people here waste time on the "fashion & style" section of the NYT
Wed Apr 23, 2014, 09:09 AM
Apr 2014

so they probably missed that article. That said, the article doesn't surprise me. So a bunch of rich, up and coming plutocrats were invited to the white house to rub elbows and talk about how they can make more money and do good with it. Meh.

I tend to avoid that kind of reading because, bottom line, it brings out ugly envy. It doesn't involve me in any way. I'll never be invited to hobnob with their likes and I'll never have anything to "invest" anyway, other than in my own little life. The closest I may come to any of them is if they are vacationing up my way and land in the ED.

And nothing they do is likely to impact my life, or at least not likely to in a positive way. It never does.

 

lumberjack_jeff

(33,224 posts)
24. How about we talk about a 40% tax on inherited wealth...
Wed Apr 23, 2014, 10:27 AM
Apr 2014

... and then let the citizens decide how to spend it?

woo me with science

(32,139 posts)
35. Bootlicking and holding court for their children is much more effective.
Wed Apr 23, 2014, 10:51 AM
Apr 2014

You don't want to upset these people. If they like you, they might *choose* to do a good deed.
 

1StrongBlackMan

(31,849 posts)
50. Why talk to them about increasing the inheritance tax? ...
Wed Apr 23, 2014, 11:38 AM
Apr 2014

Do you think that they will voluntarily give in on that?

No ... write the legislation to increase the tax; while engaging them to do good with a portion of what remains.

 

lumberjack_jeff

(33,224 posts)
60. Raise the tax and "doing good" takes care of itself.
Wed Apr 23, 2014, 12:28 PM
Apr 2014

People donate money to avoid taxes. No taxes = no donations.

 

lumberjack_jeff

(33,224 posts)
63. We've tried option b.
Wed Apr 23, 2014, 12:45 PM
Apr 2014

It doesn't work. "Letting people keep their money" doesn't help anyone... including the people in question.

They hoard it and subsequently feel alienated.

 

lumberjack_jeff

(33,224 posts)
70. As taxes have dropped, business investment and charity have too.
Wed Apr 23, 2014, 02:39 PM
Apr 2014

People aren't evil, just self-interested.

 

msanthrope

(37,549 posts)
78. That would be great--but how do you preserve things like family farms? The problem with high
Wed Apr 23, 2014, 03:24 PM
Apr 2014

inheritance taxes on certain assets is that you force their sales.

So I'd support higher taxes on certain assets, definitely, but not all.

 

lumberjack_jeff

(33,224 posts)
82. Why are "family farms" different from "family art galleries" or "family Microsoft shares"?
Wed Apr 23, 2014, 03:56 PM
Apr 2014

The heirs have the opportunity to buy the farm at a 60% discount.

pnwmom

(108,977 posts)
89. Because there is a social value to keeping small farms going. When small farmers are forced
Wed Apr 23, 2014, 05:07 PM
Apr 2014

to sell out, the farms usually go to Agri-Corp, not other small farmers.

We're better off as a nation not having our food supply in the hands of a few large corporations.

woo me with science

(32,139 posts)
90. Perhaps you should speak to those who court billionaires
Wed Apr 23, 2014, 07:03 PM
Apr 2014

and seem determined to enable it.

Why does President Obama keep Appointing Monsanto Shills to Key Gov. Positions?
http://www.democraticunderground.com/10022592785


woo me with science

(32,139 posts)
92. That's certainly the argument. We are to excuse the looting,
Wed Apr 23, 2014, 07:41 PM
Apr 2014

because the other guy would loot us harder.

That Third Way con game doesn't fly anymore.

pnwmom

(108,977 posts)
95. I'm not saying that. But I refuse to hate on someone
Wed Apr 23, 2014, 08:10 PM
Apr 2014

who is trying to lead a country that is so full of tea baggers and other nut cases.

Even DU is full of "progressives" who love Monsanto and have nothing but contempt for people who grow GMO-free and organic foods.

 

JackRiddler

(24,979 posts)
72. Sick that this is tolerated at all.
Wed Apr 23, 2014, 03:15 PM
Apr 2014

Expropriate the lot of these looters and their children, and leave a million for each of them so they get a good start in life.

Brigid

(17,621 posts)
5. "Fat Kittens!" "Silver Spoonies!"
Wed Apr 23, 2014, 07:53 AM
Apr 2014


Hey, had to laugh at something in this otherwise infuriating article.
 

msanthrope

(37,549 posts)
6. UNrec for a factually deficient article--holding conferences on Human Trafficking and Climate Change
Wed Apr 23, 2014, 08:03 AM
Apr 2014

at Eisenhower is hardly what your article describes....what a poorly-written and badly sourced piece of tripe.

http://www.nytimes.com/2014/04/20/fashion/white-house-hosts-next-generation-young-and-rich.html?_r=1

rosesaylavee

(12,126 posts)
13. Right there with you --- how else are we going to battle the Koch money?
Wed Apr 23, 2014, 08:37 AM
Apr 2014

From the article cited above - emphasis mine:

The daylong conference was organized by Thomas Kalil, a deputy director for technology and innovation in the White House Office of Science and Technology Policy, with the help of Nexus, a youth organization based in Washington that seeks to “catalyze” the next generation of billionaire philanthropists and other stakeholders.

Mr. Kalil moved nimbly among the affluent participants and through the ornate halls of the Eisenhower Executive Office Building, where the summit was held. “A lot of this is not just, you know, collaborations between the administration and philanthropists,” he said, “but philanthropists finding each other, finding other philanthropists with shared interests.”

...

Policy experts and donors recognize that there’s no better time than now to empower young philanthropists. Professionals in the field, citing an Accenture report from 2012, estimate that more than $30 trillion in wealth will pass from baby boomers to younger generations by around 2050. At the same time, the Dorothy A. Johnson Center for Philanthropy (no relation to this reporter) and the nonprofit consulting group 21/64 have concluded in a recent study on philanthropic giving that heirs are becoming involved in family foundations at an earlier age — specifically in their 20s and 30s — and imprinting them with the social values of their generation.

A case in point is Zac Russell, an eloquent 26-year-old whose grandfather made a fortune with the asset management firm Russell Investments and who officially joined the board of the Russell Family Foundation last year. While not an ardent supporter of the Obama administration, he decided to attend the conference to consult, he said, with White House experts on climate change and to discuss grass-roots efforts to improve water quality in Puget Sound, where the foundation is based.
 

JackRiddler

(24,979 posts)
73. By arresting and expropriating the criminals.
Wed Apr 23, 2014, 03:17 PM
Apr 2014

There is no "battling the Koch money."

They are enemies in a war.

Either you are for TAKING IT ALL FROM THE RICH, or you are for the rich running the show.

By "all" I mean the part that gives them power. They can all keep their fine first homes and a few hundred K more than 99.9% of everyone else gets to enjoy.

TBF

(32,051 posts)
9. But Obama invited them so it must be ok
Wed Apr 23, 2014, 08:19 AM
Apr 2014


Honestly we have to get past this. Barack Obama has been exactly the type of president he promised in "the audacity of hope" - he explained in detail how he had to sell out to get where he is. And with the help of a very pleasant personality he got there. He is being the administrator - and he is doing what he is told.

He is better than the alternative, absolutely no doubt in my mind about that, but these kinds of articles underscore exactly what is wrong with capitalism.

Not only do we have capitalism but we have it running largely unregulated and we are not even slowing it down. The gap between the poor and rich grows wider every day, effectively squeezing out the middle class. In fact, if you look at true "middle" these folks are barely scraping by. The only people living the lifestyle that used to be considered "middle class" are the professionals making 6-figures, if they've been able to get their student loans paid off.

Worshiping the new tech gods at the castle is not the answer - TAXATION is the answer. Instead of serving these guys champagne I'd rather see POTUS meeting with the IRS to determine how we can raise both the inheritance and capital gains taxes.
 

msanthrope

(37,549 posts)
19. Actually, President Obama didn't invite them. The Office of Technology did..but I agree with you
Wed Apr 23, 2014, 09:22 AM
Apr 2014

regarding the tax issue.

Thing is, we don't get a raise in taxes on rich until we get a Congress willing to do so.

hfojvt

(37,573 posts)
38. well taxes were scheduled to rise automatically - twice
Wed Apr 23, 2014, 10:58 AM
Apr 2014

Last edited Wed Apr 23, 2014, 03:06 PM - Edit history (1)

but Democrats and Obama didn't want that to happen.

 

msanthrope

(37,549 posts)
67. Right--the taxes you are talking about were tied to extending unemployment compensation for millions
Wed Apr 23, 2014, 01:27 PM
Apr 2014

and the Repubs used that to leverage advantageously.

You do remember that spending bills originate in the House, right????? Look....you want things to change, change the House.

Response to NuclearDem (Reply #10)

woo me with science

(32,139 posts)
31. Well, we are assured that *President Obama* didn't invite them. :)
Wed Apr 23, 2014, 10:42 AM
Apr 2014

It's a constant tension at this stage of the propaganda, the need to simultaneously deny the plutocracy *and* present it as the new normal that we should all be celebrating.

The transformation is tricky, because people still remember what a democracy is supposed to be about.

Things will be much easier for the telescreens when the memory holes are in place and they can just blare "2+2=5" without having to qualify it all the time.





ProSense

(116,464 posts)
21. President Obama invited these people to the WH:
Wed Apr 23, 2014, 09:22 AM
Apr 2014
Shortly after November’s city elections, President Obama invited 16 of the newly elected progressive mayors to a meeting at the White House. Peduto, Hodges, Murray, and de Blasio were among those who attended. Obama talked about his proposal for universal pre-K, which was languishing in Congress. At the federal level, it would obviously take some time to get such a measure enacted, Obama continued, or he could find 20 innovative mayors and get it done tomorrow. Provided they can scrape up the dollars...What’s happening in cities can be described as Obama’s agenda trickling down to the jurisdictions where it has enough political support to be enacted—but it’s also the incubation of policies and practices that will trickle up.

The Revolt of the Cities
http://www.democraticunderground.com/10024859982



jwirr

(39,215 posts)
23. I read the comments to this posts and cannot believe my eyes. I think a lot of you need to read some
Wed Apr 23, 2014, 09:37 AM
Apr 2014

history. FDR, JFK, RFK, the Kennedy family, Jay Rockefeller, Jimmy Carter, Buffett, Soros, and many more. All rich and all on our side. This conference is about spending money wisely. So who should they have invited? Me who has been poor my entire life? Me who is having trouble putting enough food on the table for my great grandchildren? Me who is having trouble with keeping the house warm enough? I am sorry but I do not have any money to spend wisely. I actually need these young people to give with as much as they are willing to give to some of the organizations that help people in my situation.

I also need them to be willing to start paying more in taxes and better wages to their employees, etc. but this is a start. I also hope that there were some young rich people at this conference that are Democrat and that they shared their ideas with the others. It is called recruiting. Do you really think they do not have to be educated as to what is really happening in the world? Most of them are isolated and have no idea. They know only what is happening in their own world.

Having said that since I will become the target you need to know who I am and why I feel this way: I am older, I am a socialist, I realize that this fight is going to be a long one and that we will probably not ever get back to the world that FDR created when he helped the middle class.

In the meantime I want to recruit as many people to our side as I can. This cannot be done without education and conversation. That is what this conference was about.

TBF

(32,051 posts)
34. Well if you want to do it peacefully you use taxation -
Wed Apr 23, 2014, 10:44 AM
Apr 2014

you do not invite the fox into the hen house and say "what do we do". Mr. Fox will think to himself "Those hens look good - yummy!".

Or we can wait until people have had literally enough because they have nothing left to lose - history shows us when it gets to that point we won't be able to stop their revolution.

It will happen one way or the other. I say we go for taxation and redistribute the wealth.

jwirr

(39,215 posts)
37. I do not disagree with you. I did not see anywhere that the rich kids were being asked what to do.
Wed Apr 23, 2014, 10:57 AM
Apr 2014

They may have been asked what they plan to do with their money but not what we are supposed to do with ours. It does help planners to know where this money is going to go. That way we can target areas that are going to need more.

I remember when JFK called the steel CEOs into his office for a talk. He was NOT asking them what to do. When they walked out of that office they knew what they were going to do. They settled with the Union.

TBF

(32,051 posts)
39. I hope you're right -
Wed Apr 23, 2014, 10:58 AM
Apr 2014

given the gap between rich and poor right now I am skeptical, but I'm glad we at least agree in principle.

Autumn

(45,058 posts)
25. Clueless Young Billion-Heirs Get Royal Treatment anywhere and everywhere.
Wed Apr 23, 2014, 10:31 AM
Apr 2014

Money and fledgling power. They really are different from the rest of us.

 

Sheepshank

(12,504 posts)
27. Dems trying to make all rich the enemy is as short sighted
Wed Apr 23, 2014, 10:38 AM
Apr 2014

as the Reps making the poor the enemy.

People like Brad and Angelina make good use of not only their money but their time to help those less fortunate. George Cloony add political messaging to his money and time given to the communities.

Sometimes, all too often, ultra rich kids have no focus, no direction no real personal or motivational compass that doen't include purely hedonistic challenges. Providing them with a forum for discussion, could plant the seeds and social interraction. They will be running the companies that are damaging the planet. They could run their businesses in a less 'fracking' manner.

Why not try and plant the seeds of progressive liberalism rather than letting the prevailing winds of Republicanism be the only message they hear?

 

JackRiddler

(24,979 posts)
74. As if there is a practical difference.
Wed Apr 23, 2014, 03:19 PM
Apr 2014

Long as the rich are allowed to run the universe (a.k.a. "capitalism&quot they are the enemy.

What needs to happen is to redefine "rich." 10 times the average working salary is an enormous reward for extraordinary contributors to civilization and its prosperity. That's rich. Hundreds of millions and billions and tens of billions: that's not "rich." It's criminal plunder. Take it from them.

TBF

(32,051 posts)
77. In my mind it's an important
Wed Apr 23, 2014, 03:23 PM
Apr 2014

Last edited Thu Apr 24, 2014, 02:11 PM - Edit history (1)

Distinction as to whether you realize the economic system is the culprit. That is a much bigger problem than a few "greedy" bad actors.

 

JackRiddler

(24,979 posts)
97. Capitalism and the rich can't be separated.
Thu Apr 24, 2014, 02:04 PM
Apr 2014

It is an economic system that produces the rich as well as the poor. And it is run largely by the rich, and almost entirely for the rich. That system and its long-term ruling class are inseparable. I'm not against (most of) the rich as human beings. I can see how many genuinely good people there are among them. The bad ones among them tend to be magnified as bad persons due to their enormous wealth and power, not surprisingly, so that they get to play out their neuroses and abusive tendencies on a vast and grandiose scale, instead of the usual way (of abusing one's own family or a few business subordinates). The billionaires are an almost exclusively corrupt class distinguished mainly by whether they rule and plunder in the guise of authoritarians (like the Kochs) or of benevolent "philanthropists" (like the ones who have fan clubs on this board, Gates, Buffett -- even Bloomberg has his local fans).

Systemic change and the expropriation of the class that has now accumulated 40+ percent of the capital wealth are linked objectives.

 

1StrongBlackMan

(31,849 posts)
53. Correction ...
Wed Apr 23, 2014, 11:44 AM
Apr 2014

It is not Democrats trying to make all rich the enemy; it is that small minority of "Revolutionaries" (calling themselves 'liberals/progressives", while posing as Democrats) that wish to make all wealthy folks the enemy.

Revolutionaries are rarely as dissatisfied with the system as they are with their position within the system.


No greater truth has been typed.

Douglas Carpenter

(20,226 posts)
41. The Lord loves the rich. In my next life I want to be born filthy rich.
Wed Apr 23, 2014, 11:03 AM
Apr 2014

I get to be a socially responsible hero and still have everything. Everyone will love me - even the left. When I fly in from my place in Paris or my cliff house in California they will say, "He's just like an ordinary guy."

Warpy

(111,249 posts)
55. Wooing these people will not work.
Wed Apr 23, 2014, 11:45 AM
Apr 2014

Maher is right when he says the pinata full of money from the super rich will open only if you hit it with a stick.

Great wealth needs to be taxed into oblivion.

leftstreet

(36,106 posts)
56. 'My administration..only thing between you and the pitchforks'
Wed Apr 23, 2014, 11:45 AM
Apr 2014

"My administration is the only thing between you and the pitchforks"


Douglas Carpenter

(20,226 posts)
80. if you were a clueless young billion-heir - wouldn't you want to be feasted royally at the White
Wed Apr 23, 2014, 03:30 PM
Apr 2014

House? Come on!! Show some empathy

kenny blankenship

(15,689 posts)
84. I know: in a regime of unprecedented inequality
Wed Apr 23, 2014, 04:08 PM
Apr 2014

the rich are not being treated as equals, either. They are unequal too. I wince right down in my ventricles just imagining the pangs of their alienation. O, the boundless anguish they must feel!

kenny blankenship

(15,689 posts)
83. if you got a billion dollars you have a friend in the white house
Wed Apr 23, 2014, 04:01 PM
Apr 2014

and you don't need any clue - the ultimate luxury.

The Straight Story

(48,121 posts)
85. Good intentions, bad implementation
Wed Apr 23, 2014, 04:14 PM
Apr 2014

I can see both sides of the issues being raised here.

The bad move part is pretty simple - you keep up the appearance that the thoughts of others don't matter.

Bankers come and go to the White House. It is like the thing is owned by the wealthy. You couldn't have had this elsewhere?

Come election time politicians play lip service to those most hurting to get their votes. They parade around a few. When it is all over and done with the money people are invited into the WH and congressional offices to discuss issues and make policies. They may even be there for purposes to help the rest of us. But our voices are relegated to the back of the bus.

It's not Obama so much as politics in general. You hope for change but deep down you know not much will. Voices are smothered by cash and the people with the cash have more of it than there are people.

Like I said - it can have good intentions and produce something positive, but it can also send a clear message that the rest of us don't really matter.

And on the subject of human trafficking I have sitting here some posters, pamphlets, and a DVD I got (for free) from the US government not more than a few weeks ago.

You can get the same here:

http://www.acf.hhs.gov/programs/orr/programs/anti-trafficking

The goal is to educate people and employers on what to look out for, how to report it, etc and so on. If the WH wants to help maybe they could tweet out that info/etc to everyone. You know, to the rest of us.

Fumesucker

(45,851 posts)
87. Who would better know how to help our society?
Wed Apr 23, 2014, 04:26 PM
Apr 2014

These people have shown wisdom and foresight in picking wealthy and influential parents to be born to.

We should put their obvious talents to work organizing things so the rest of us can also be born to wealthy and influential parents.

Douglas Carpenter

(20,226 posts)
88. a couple of my wacky New Age friends tell me that we choose our lives when we are reincarnated
Wed Apr 23, 2014, 05:01 PM
Apr 2014

If that is the case, I can't help but wonder, "What was I thinking?" Next time around I'm putting in for Central Park West with a second home in Paris with extremely wealthy, liberal, indulgent and patron of the arts parents

TBF

(32,051 posts)
99. I'm going to ask to be a star when I'm reincarnated -
Thu Apr 24, 2014, 02:15 PM
Apr 2014

yes, a twinkly star in the sky. Then I can watch when the whole thing blows up. Because if we don't stop the oligarchs that is our fate.

Prophet 451

(9,796 posts)
102. I wish I was surprised
Thu Apr 24, 2014, 03:28 PM
Apr 2014

But given how much the US worships wealth and gives the rich a completely undeserved air of wisdom, I'm not surprised.

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