Sunday, March 11, 2012

DISTRIBUTION OF WEALTH IN THE USA

This graph illustrates quite well the delusion of aspiration politics. The basic idea promoted in economic circles like the Wall Street Journal, Forbes and The Economist,  is that the rich should not bear more of the burden of the cost of government, after all, they're smarter than you, work harder than you, have better genes, better schooling, better health care, and better cars. Yeah right...if you're so damn smart, why aren't you happy sitting in your Manhattan apartment or Kensington flat with your mint bowl full of Oxycontin?  Who's going to save your soul now that you've ravaged nations of their wealth?

"And he shouted "Babylon the great is fallen, is fallen, and is become the habitation of devils, and the home of every foul intention, and a cage of vultures.
For all nations have drunk the poisoned wine of her seduction; and the nations of the earth have all slept with her, and the merchants of the earth have become rich with many luxuries."
 - Revelation 18:2-3 (paraphrase mine)

You too can be a millionaire, so why would you want to tax your own success?  There's a pill for that....and for you worker bees busing dishes in Manhattan's finest diners - crystal meth to make you work faster and die younger.

This is of course is the insane reasoning of the system you live in.  Its a zero sum economic system based on the perception of scarcity.  If there's isn't a scarcity they'll create a crisis somewhere in the world (just ask Naomi Klein) to spike commodity prices in the carry trade fueled by those cheap quantitative easing dollars. After all its only "other people's money"! You didn't think those dollars were going to be invested in your personal future did you?  No new roads for you unless the King of Spain wants to buy another toll road. The USA has a glut of gasoline - do they sell it here? No!...just keep the supply curve about 95% of the demand and export it elsewhere!  Republicans want that Keystone pipeline to the Port of Houston, but it will never lower your price of gasoline - its going elsewhere.  You gotta pay man, because freedom isn't free, and dammit your proud to be an American! It requires you to spill the blood of your children on the alter of Wall Street's ambitions in some Middle Eastern conflict who's crazed leader is one of them! Calling it a zero sum game is being overly generous! Its a rigged Casino where you won't win even half the time. Its worse than a flip of a coin. Its why grannies with dart boards pick better stocks than CNBC analysts.  If they win they pocket they pocket the cash, if they lose, your taxes dollars make them whole. Does Adam Smith's invisible hand sound like an occluded reference to central bankers?  Politicians scream for drug testing for the unemployed - but you know its just that they never outgrew yelling "You loser!" as a bully in high school.  Where's the cocaine testing on Wall Street? It should be illegal to invest while high! We're all losers in this game of duality. As this chart fully illustrates:



Source: http://themoderatevoice.com/102213/this-is-why-americans-vote-against-economic-self-interest/

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