Wednesday, October 26, 2011

Cartoon of the Day: Where To Find The Real 1%

Cartoon by Bob Gorrell.

8 Comments:

At 10/26/2011 12:30 PM, Blogger Jon said...

http://blogs.wsj.com/wealth/2010/08/03/new-york-has-the-most-millionaires/

 
At 10/26/2011 4:37 PM, Blogger Colin said...

Jon,

Considering that the New York City has a population of 8 million people and Washington D.C has a population of 600,000 people, it would probably be best to look at the ratio of millionaires and not the aggregate amount.

 
At 10/26/2011 5:10 PM, Blogger PeakTrader said...

I think, the cartoon means the protesters are blaming corporate greed when they should be blaming government greed.

 
At 10/26/2011 10:02 PM, Blogger sethstorm said...

This comment has been removed by the author.

 
At 10/26/2011 10:05 PM, Blogger sethstorm said...

Well, when Wall Street goes to K Street to bribe, you're correct. Get rid of the Wall Street's conduit with the government - whether it be on K Street or elsewhere.

Still not a case of government greed, but a case of outsize influence.

 
At 10/27/2011 2:33 AM, Blogger Ron H. said...

"Well, when Wall Street goes to K Street to bribe, you're correct. Get rid of the Wall Street's conduit with the government - whether it be on K Street or elsewhere."

Do you disagree with the 1st amendment right to petition government?

 
At 10/27/2011 9:29 AM, Blogger PeakTrader said...

Who will pay for the federal government's trillions of dollars of overspending and overregulating?

Anyone who believes it'll be just the rich is in for a rude awakening.

 
At 10/27/2011 11:38 AM, Blogger Jon said...

Perry is suggesting OWS should go after the rich. If so they should go to New York. That's where large chunks of the rich are congregated.

The whole thing is a straw man though. The problem is not that some are rich. The problem is that some get rich by cheating, and the law doesn't apply to them since they've bribed the government. So do you go and complain at the bribed official or do you go to the bribers? We've tried change in Washington. But they're all bought off by the same people. The super rich in New York (and elsewhere in finance, as well as other business sectors).

 

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