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2 Americas-The Haves and The Have nots

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AlCzervik Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Aug-31-05 09:35 AM
Original message
2 Americas-The Haves and The Have nots
I found this ironic and sickening at the same time. This headline juxtaposed with this one.

Tiffany's 2Q Earnings Skyrocket on Sales
Wednesday August 31, 8:00 am ET
Tiffany's Second-Quarter Earnings Soar 53 Percent on Higher Sales, Lower Tax Rate

NEW YORK (AP) -- Tiffany & Co., a retailer of fine jewelry, crystal and china, said Wednesday its earnings rose 53 percent in the second quarter due to higher sales and a lower tax rate, and the company boosted profit guidance for the full year.

http://biz.yahoo.com/ap/050831/earns_tiffany.html?.v=3

Now this

U.S. poverty rises for 4th year in row
Global competition for jobs and corporate resistance to higher pay are possible causes

By William Neikirk
Tribune senior correspondent
Published August 31, 2005

WASHINGTON -- With the Midwest leading the way, the nation's poverty rate went up in 2004 for the fourth straight year even as the U.S. economy strengthened, the Census Bureau said Tuesday.

http://tinyurl.com/cw2gs
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liberal N proud Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Aug-31-05 09:37 AM
Response to Original message
1. That is the goal of the Neo Cons - two social classes
The bu$h regime is a primary tool to push this agenda.
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rodeodance Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Aug-31-05 09:40 AM
Response to Reply #1
3. Tiffany & Co. and profits AND "lower tax rate"---says it all.
Tiffany & Co., a retailer of fine jewelry, crystal and china, said Wednesday its earnings rose 53 percent in the second quarter due to higher sales and a lower tax rate, and the company boosted profit guidance for the full year.
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AlCzervik Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Aug-31-05 09:41 AM
Response to Reply #3
4. yes, thats what really caught me eye, lower tax rate---for the the wealthy
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fasttense Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Aug-31-05 09:38 AM
Response to Original message
2. But according to brush there are only two Americans
the haves and have mores. He calls them his base and he panders only to them.
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ohio_liberal Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Aug-31-05 09:42 AM
Response to Original message
5. Ahem
Tiffany's has launched a lower-end line sterling jewelry in the last couple of years so poorer people can buy it too.
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gate of the sun Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Aug-31-05 09:49 AM
Response to Reply #5
7. This new line is it really for the "poor" or the not so rich
I mean poor people are not really concentrating on buying Uh Jewelry are they?
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ohio_liberal Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Aug-31-05 09:55 AM
Response to Reply #7
8. I said "poorer"
You know, the not-millionaires. ;) It's cutesy crap jewelry anyway.

Many of the 'exclusive' retail stores have been making "poor people" lines. Coach, Gucci, Tiffany, and so on. It's all substandard to their normal quality but it sells because they put some goofy logo on it.
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growlypants Donating Member (846 posts) Send PM | Profile | Ignore Wed Aug-31-05 09:43 AM
Response to Original message
6. Who's fighting this ridiculous war???? Those wearing tiffany necklaces
and bracelets, of those in the lower class, who are getting poorer everyday????? Hmmmmmmmmmmm
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BiggJawn Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Aug-31-05 10:04 AM
Response to Original message
9. Average CEO gets 11.8 MegaBux every year now.
The Average "Serf" (like me) gets 27 KiloBux...

and there's no Class Stratification in this country?

Yeah, sure there ain't....

Aux Armes, Citoyens!
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