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Author Topic: US "Recovery"  (Read 1887 times)
lemonginger
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July 02, 2011, 02:57:00 PM
 #1

In their newly released study, the Northeastern economists found that since the recovery began in June 2009 following a deep 18-month recession, “corporate profits captured 88 percent of the growth in real national income while aggregate wages and salaries accounted for only slightly more than 1 percent” of that growth.

http://economix.blogs.nytimes.com/2011/06/30/the-wageless-profitable-recovery/

http://www.clms.neu.edu/publication/documents/Revised_Corporate_Report_May_27th.pdf
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AyeYo
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July 02, 2011, 03:03:48 PM
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Business as usual.

The obvious solution is to remove all regulation and let corporations do whatever they want.

Enjoying the dose of reality or getting a laugh out of my posts? Feel free to toss me a penny or two, everyone else seems to be doing it! 1Kn8NqvbCC83zpvBsKMtu4sjso5PjrQEu1
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July 02, 2011, 03:06:29 PM
 #3

would be funny if only it wasnt
LastBattle
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July 02, 2011, 06:35:22 PM
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Business as usual.

The obvious solution is to remove all regulation and let corporations do whatever they want.

I wouldn't suppose hundreds of billions of dollars in bailouts would have anything to do with this.

You're standing on a flagstone running with blood, alone and so very lonely because you can't choose but you had to

I take tips to: 14sF7NNGJzXvoBcfbLR6N4Exy8umCAqdBd
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July 02, 2011, 06:42:21 PM
 #5

Yeah, it's not like printing money and handing it directly to the corporations is anything that could of been prevented, if there wasn't a monopoly on the wealth in the first place.
hugolp
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July 02, 2011, 07:05:09 PM
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This is the sad reality of what government internvetion produces. A bunch of thieves.

Business as usual.

The obvious solution is to remove all regulation and let corporations do whatever they want.

Regulations should be removed so corporations stop doing whatever they want. Regulations allow corporations to avoid competition.
AyeYo
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July 02, 2011, 07:58:09 PM
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Business as usual.

The obvious solution is to remove all regulation and let corporations do whatever they want.

I wouldn't suppose hundreds of billions of dollars in bailouts would have anything to do with this.


That doesn't amount to a gnat pissing in the ocean when you factor in the fact that the entire system is setup to allow them to profit no matter what.

Enjoying the dose of reality or getting a laugh out of my posts? Feel free to toss me a penny or two, everyone else seems to be doing it! 1Kn8NqvbCC83zpvBsKMtu4sjso5PjrQEu1
LastBattle
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July 02, 2011, 08:01:24 PM
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Business as usual.

The obvious solution is to remove all regulation and let corporations do whatever they want.

I wouldn't suppose hundreds of billions of dollars in bailouts would have anything to do with this.


That doesn't amount to a gnat pissing in the ocean when you factor in the fact that the entire system is setup to allow them to profit no matter what.

The entire system. Such as the government controlled and regulated monetary system.

Thanks for providing my argument.

You're standing on a flagstone running with blood, alone and so very lonely because you can't choose but you had to

I take tips to: 14sF7NNGJzXvoBcfbLR6N4Exy8umCAqdBd
billyjoeallen
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July 02, 2011, 08:11:17 PM
 #9

Yeah, it's not like printing money and handing it directly to the corporations is anything that could of been prevented, if there wasn't a monopoly on the wealth in the first place.

Never thought of it that way. I guess Federal reserve notes are literally monopoly money.

insert coin here:
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AyeYo
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July 02, 2011, 08:49:43 PM
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Business as usual.

The obvious solution is to remove all regulation and let corporations do whatever they want.

I wouldn't suppose hundreds of billions of dollars in bailouts would have anything to do with this.


That doesn't amount to a gnat pissing in the ocean when you factor in the fact that the entire system is setup to allow them to profit no matter what.

The entire system. Such as the government controlled and regulated monetary system.

Thanks for providing my argument.


No no, you quite misunderstand.  The system is corporation controlled, that's why the corporations are the ones swimming in money no matter how bad everyone else has it.

Enjoying the dose of reality or getting a laugh out of my posts? Feel free to toss me a penny or two, everyone else seems to be doing it! 1Kn8NqvbCC83zpvBsKMtu4sjso5PjrQEu1
LastBattle
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July 02, 2011, 08:51:32 PM
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Business as usual.

The obvious solution is to remove all regulation and let corporations do whatever they want.

I wouldn't suppose hundreds of billions of dollars in bailouts would have anything to do with this.


That doesn't amount to a gnat pissing in the ocean when you factor in the fact that the entire system is setup to allow them to profit no matter what.

The entire system. Such as the government controlled and regulated monetary system.

Thanks for providing my argument.


No no, you quite misunderstand.  The system is corporation controlled, that's why the corporations are the ones swimming in money no matter how bad everyone else has it.

"The corporations finance Team America. And then Team America goes out, and the corporations sit there, in their, their corporation buildings, and they make money"

You're standing on a flagstone running with blood, alone and so very lonely because you can't choose but you had to

I take tips to: 14sF7NNGJzXvoBcfbLR6N4Exy8umCAqdBd
Grant
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July 02, 2011, 08:58:05 PM
 #12


No no, you quite misunderstand.  The system is corporation controlled, that's why the corporations are the ones swimming in money no matter how bad everyone else has it.

It's a simple ROI equation. All people can use corruption lobbying to their benefit, it's not only legal it's mandatory.

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July 04, 2011, 07:20:16 AM
 #13

Corporations donate to Political Campaigns.  Corporations Lobby for regulations.  Regulations are enacted.  Regulations are selectively enforced(not enforced on contributors).  Profit.

Rinse.  Repeat.
myrkul
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July 04, 2011, 07:57:07 AM
 #14

Corporations donate to Political Campaigns.  Corporations Lobby for regulations.  Regulations are enacted.  Regulations are selectively enforced(not enforced on contributors).  Profit.

Rinse.  Repeat.

This.

BTC1MYRkuLv4XPBa6bGnYAronz55grPAGcxja
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AyeYo
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July 04, 2011, 01:03:34 PM
 #15

Corporations donate to Political Campaigns.  Corporations Lobby for regulations.  Regulations are enacted.  Regulations are selectively enforced(not enforced on contributors).  Profit.

Rinse.  Repeat.

Corporations lobby for the REMOVAL of regulations.

Enjoying the dose of reality or getting a laugh out of my posts? Feel free to toss me a penny or two, everyone else seems to be doing it! 1Kn8NqvbCC83zpvBsKMtu4sjso5PjrQEu1
TheGer
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July 04, 2011, 02:23:41 PM
 #16

You obviously don't see the big picture of how Corporations interact with Governments(especially in the US).  Regulations are Lobbied for to restrict the little guy while the big guy slides and continues to reap big profits.  This is how small operations are put out of business.  Stores, Farms, ect.
AyeYo
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July 04, 2011, 02:44:05 PM
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That doesn't explain why they constantly lobby against regulation.  Can you cite me some regulations that big business has actually lobbied FOR?

Enjoying the dose of reality or getting a laugh out of my posts? Feel free to toss me a penny or two, everyone else seems to be doing it! 1Kn8NqvbCC83zpvBsKMtu4sjso5PjrQEu1
speeder
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July 04, 2011, 02:53:54 PM
 #18

That doesn't explain why they constantly lobby against regulation.  Can you cite me some regulations that big business has actually lobbied FOR?

A brazillian one:

TecToy lobbied for regulations against imported videogames.


Now to buy a videogame in Brazil, you pay 273% taxes, and no national manufacturer make decent videogame, thus it killed the entire videogame market, and drove piracy and smuggling.



Another brazillian one:

Regulations about financial institutions got so strict over time, that now is almost impossible to stabilish any financial business here (reason why I never made a bitcoin exchange here), to the point that Goldman & Sachs could not stand the regulations and did not joined the market.

People might think: Someone screwing Goldman? That is nice!



No, it is not, because the result is a banking monopoly, where the biggest bank (created before the regulations, by the way), profited record profits last year (10 billion USD) while everyone else is slumping.


Another brazillian one:

Banks are obliged to deposit part of their money on the central bank. Thus everyone must run a fractional reserve. (thus fractional reserve proponents like that, while non-fractional reserve are screwed).


Another brazillian one:

All internships must give life insurance, even if the intern refuse, he is to be insured anyway. (I think you can figure who lobbied for that).

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July 04, 2011, 02:58:24 PM
 #19

That doesn't explain why they constantly lobby against regulation.  Can you cite me some regulations that big business has actually lobbied FOR?

http://www.usitc.gov/

It exists to protect big American businesses.  Most countries have something similar.

AyeYo
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July 04, 2011, 03:00:28 PM
 #20

Only one of those was specifically quoted as being lobbied for by an existing company.

Is that the only one you've got?  Come up with a bunch, because I've got plenty of examples of corporations lobbying AGAINST regulation.

Enjoying the dose of reality or getting a laugh out of my posts? Feel free to toss me a penny or two, everyone else seems to be doing it! 1Kn8NqvbCC83zpvBsKMtu4sjso5PjrQEu1
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