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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?


To: Elroy Jetson who wrote (26286)12/28/2004 4:26:02 PM
From: Amy JRead Replies (2) | Respond to of 306849
 
Elroy, what happened in 1945?

Wow, that's an enormous jump. Amazing.

Regarding your post, yes, it's interesting to see the styem get rigged even further for the rich. Equally interesting is how the average Sally & Joe don't seem to know this. Partly because the tax loopholes for the rich are rather hidden, complicated and require lawyers - not something you can simply pick up at Walmart. So Sally & Joe don't know how the rich are rigging the system further. Rather amazing.

Also, corruption at a high level is essentially endorsed. For example, something as simple as two local cases of laptop thefts in the Valley conveys the disparity between the classes: there was an employee at some hightech firm that was charged with theft by the police (jail time) for not returning a laptop. Meanwhile, a ceo at a different hightech firm decided to 'keep' his laptop but no charges could be made against the ceo because he apparently had a lawyer ready to claim it was a 'benefit.' Same situation, but different treatment between the classes. Such is America. It's a corrupt, rigged system.

RE: "19% of the people in the US believe they ARE among the top 1% Richest in the US;. 40% of people think they can make into the top 1% of the richest in the US."

That shouldn't be an excuse for people to knowingly allow corruption.

Regards,
Amy J



To: Elroy Jetson who wrote (26286)12/28/2004 4:54:30 PM
From: jrhanaRead Replies (2) | Respond to of 306849
 
I would appreciate some good links on your figures because they do not jibe with what I have read.