I'm not arguing that they deserve more money than teachers - unless there was a US Department of Football then you can actually argue that NFL players are overpayed. But maybe you're right, the government should step in and bust up the players union and set maximum wage laws.
Oh... oh that's lovely... Never would of happened if Phil Gramm (R-Texas) & Jim Leach (R-Iowa) hadn't killed the Glass Steagall act that kept those two institutions separate. It never would of allowed for mortgage backed securities and quite possibly we would have avoided this entire mess... At least a lot of dead loans…
Words like "exploits" and "cheats" really turn me off to the Occupy cause. I believe that some people at the top of the economic food chain do that, using every edge their money affords them to make more money, but I also believe that some people bust their ass, putting the elbow grease behind good ideas and earn every…
This is the accepted definition as defined by Marx. Whatever you think of him, he sure as hell has more legitimacy (and education and respect) than you do. And as one of the foremost critics of Capitalism, in a thread discussing a movement upset with the current outcome of our capitalist system, his definitions are highly…
Actually, the government does not create the money. The Federal Reserve Bank creates the money and they are not a government entity, they are a private bank held by private investors whom no one knows who they are. The government hasn't issue any currency in this country since 1913 when the "Money Trust" got them to…
And... they still remain billionaires, they still get to have all the rich boy toys, their kids still get to go to all of the elite schools without so much as a 2.0 GPA and their butler still gets to keep banging the maid on the imported marble counter tops. Or we can look to the poor to pay "their fair share" and in doing…
The reason it's gang infested is because the wealthy elite of the US have been attacking the middle and lower class for over a hundred years on various fronts. The same people who push for school vouchers or private schools are the same ones that push for an abolishing of minimum wage, reduction or elimination of safety…
I don't know by what metric you can assert that you have a better understanding when you don't even know me, that just smells of arrogance. I don't see how most people can claim to know much of anything about economics when most of the system is hidden from us so that they can operate with impunity and almost nobody…
That's a moot point because the currency already existed long before Kennedy took office and was already on its way out as congress had repealed the Silver Purchase Act (which basically allowed the currency to exist) before Kennedy made his executive order to shift authorization away from the presidency to the Treasury.…
Most of the ire is directed toward the wealthy, and Wall street, and since the average Wall street trader makes 600k a year, well that puts them squarely in the 1%. Fixed it for you. Business owners are exploiting their workers when they keep excess value created. They don't deserve the vast majority of the profits. While…