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VIDEO-MUST SEE: L-Curve: The Movie (U.S. Income Distribution)

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redacted Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Dec-04-06 11:48 PM
Original message
VIDEO-MUST SEE: L-Curve: The Movie (U.S. Income Distribution)
L-Curve: The Movie

http://lcurve.org/LCurveVideo.htm

As mentioned by Mike Malloy & Thom Hartmann
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Selatius Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Dec-04-06 11:55 PM
Response to Original message
1. This should be shown everywhere. n/t
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lvx35 Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Dec-05-06 12:01 AM
Response to Original message
2. Wow, outrageous.
So all this money is made off the stock market? Question: Does the government invest in stocks?
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redacted Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Dec-05-06 02:03 AM
Response to Reply #2
3. Right. "It's more efficient to make money off of money than off of labor."
To those of us who work 12 hours a day, that statement is like a kick in the gut.
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lvx35 Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Dec-05-06 02:06 AM
Response to Reply #3
4. hey, do you work 12 hours a day?
I do too. :)

Anyway, if they can make money off money rather than labor, it makes more sense for the government not to tax laborers then, and only tax the extremely rich, so to use their money to make more money than the government through investing...
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redacted Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Dec-05-06 02:14 AM
Response to Reply #4
9. Thanks lvx35. It helps to hear I'm not alone tonight.
I'm goofing off from looking for a legal form on Lexis. Too tired to do anything else; got started about 11 PT this morning.
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lvx35 Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Dec-05-06 02:19 AM
Response to Reply #9
11. Ah, you are working THAT kind of 12 hour day...
my work is much less glamorous than anything that uses Lexis...But I guess compared to the top 1%, pretty much EVERYBODY else is in the same class. :)
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redacted Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Dec-05-06 02:29 AM
Response to Reply #11
14. Yeah, we're all in this together against them.
Those assholes have been waging all-out class warfare against us for 5+ years and I'm goddamm sick of it.
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nadinbrzezinski Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Dec-05-06 02:11 AM
Response to Reply #3
6. Usimg strict marxit theory this has a name
class exploitation by the burgoise.

Marx got some things right, as in very right, and the conditions are slowly reverting to the ones he saw in the 19th century
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nadinbrzezinski Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Dec-05-06 02:09 AM
Response to Reply #2
5. Yes
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lvx35 Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Dec-05-06 02:11 AM
Response to Reply #5
7. Do you know where I can find more about that? nt
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redacted Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Dec-05-06 02:19 AM
Response to Reply #7
10. Yeah. For a good start, look at
the website containing the clip at

http://lcurve.org/

Consider also checking Thom Hartmann's discussion board; I understand he spent a lot of time talking about this on this morning's show. Malloy referenced the website on his show tonight from Hartmann's discussion.
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lvx35 Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Dec-05-06 02:20 AM
Response to Reply #10
13. thanks. nt
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TexasLawyer Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Dec-05-06 02:11 AM
Response to Original message
8. really effective
thanks for posting
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redacted Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Dec-05-06 02:20 AM
Response to Reply #8
12. Thanks TL
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redacted Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Dec-05-06 03:27 PM
Response to Original message
15. ..
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many a good man Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Dec-05-06 05:58 PM
Response to Original message
16. Aren't they conflating income and wealth?
Not that it makes much difference, but it would ring truer.
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Fovea Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Dec-05-06 06:50 PM
Response to Original message
17. Even a republican
like Kevin Phillips is freaked about this.

Class war is going hot in the future.
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originalpckelly Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Dec-05-06 07:16 PM
Response to Original message
18. This isn't even the start...
I have been working on this lately, and it is outrageous what has gone on in America the last few years.
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annabanana Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Dec-05-06 07:30 PM
Response to Original message
19. clear. . . concise
"Ms. Pelosi!, Ms. Pelosi!

Can the class watch the movie after listening to Rubin talk?

Ms. Pelosi!"
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progressoid Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Dec-06-06 01:05 PM
Response to Original message
20. disparities like this have caused revolutions in the past.
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