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| 5/24 |
| 2011/10/28-11/30 [Finance/Investment] UID:54203 Activity:nil |
10/28 "The 53%: We are NOT Occupy Wall Street"
http://www.csua.org/u/ul0 (money.cnn.com)
\_ More like the 26%:
http://tinyurl.com/3ddks2x
Meanwhile, just 26 percent said that money and wealth are
distributed fairly in America, while 66 percent say they aren't.
\_ You dumbass, the 53% comes from the % who pay federal income tax.
Like it says at the link, which you didn't read.
\_ Everyone pays taxes, stop repeating right wing drivel. Most
people support OWS, even your 53% that claim to pay
all the taxes.
\_ Yup. Most people support those wearing designer jeans and
having iPhones with data plans and protesting for weeks
about not having jobs, instead of looking for jobs. And
what a great way it is to stress their point by blocking
public transit distrupting the lives of hard-working
people within the 99% commuting to work instead of
disrupting the 1% commuting in their Mercedes and
Learjets.
BTW my start-up company lost one manager and one senior
QA earlier this year and two junior software developers in
the past month because they all jumped ship. My wife in a
retail company lost a junior accountant, also because of
ship jumping. Informatica is making $90k offers to fresh
CS grads and is getting turned down. My sister-in-law was
laid off from an architecture firm and hasn't been able to
find another full-time job in the field, but she has been
able to work freelance for another architect as well as
taking classes for life insurance agent license and then
working part-time in that field. While software and
retail and architecture and insurance are not
representative of all fields, at least this is indication
that things are not all bad for the 99%. -- OP
\_ Congratulations on being part of the 1%.
\_ Nope. By "my start-up company" I meant my employer.
I'm just a senior engineer. -- OP
\_ http://www.kiplinger.com/tools/income_rank
For me the resuls is "Your $XXX adjusted gross
income (AGI) puts you in the top 5% of earners."
Though I know the real answer is more like 2%,
the calculator is not very precise.
(hint, I want you to go to that link, put in
your annual income and report back the results)
\_ That link says "top 5%" for any income between
$160k and $340k. My family's combined
household income falls in that range. -- OP
\_ So someone whose family income is in the
top 5% of all Americans (and probably
in the top 2-3% of all Americans) is not
concerned about wealth inequality. What
a shocker.
\_ How did my "things are not all bad for
the 99%" become "not concerned about
wealth inequality"? -- OP
\_ You examples do not indicate that
things are not all bad for the 99%,
more like things are not too bad for
top 2-5%. The main complaint of the
OWS folks is wealth inequality, which
is obviously not one of your concerns.
is obviously not one of your
concerns.
\_ The two junior devs I mentioned
above had salaries in the $50-60k
range. One is single and one has
a non-working wife attending
college. So they would be "top
50%" according to your site. -- OP
\_ Okay. Why don't they go work
for Informatica? |
| 5/24 |
|
| www.csua.org/u/ul0 -> money.cnn.com/2011/10/26/news/economy/occupy_wall_street_backlash/index.htm CNNMoney October 26, 2011: 9:50 AM ET occupy wall street Frank Decker has a message for those at Occupy Wall Street. NEW YORK (CNNMoney) -- Occupy Wall Street protesters might say they represent 99% of the nation, but there's a growing number of Americans who are making it clear they are not part of the dissident crowd. as in the 53% of Americans who pay federal income taxes. And they are making their voices heard on Tumblr blogs, Twitter and Facebook pages devoted to stories of personal responsibility and work ethic. growing economic gap between the rich and everyone else. In early October, Eder created the Twitter hashtag #iamthe53, which has since been posted in hundreds of tweets as the backlash to Occupy Wall Street mounts. "I would never identify myself with those occupying Wall Street," said Eder, 26, a business analyst in Washington DC "The frustration was born out of people claiming to speak for me who don't." Meet the Occupy Wall Street protesters Many of those tweeting share the belief that the protesters need to stop complaining about the government and financial institutions and start looking for work. Ken Gardner, an attorney in Dallas, joined the conversation because he opposes government handouts. "We don't want to be the 53% who carries the 47% on our shoulders," said Gardner, who thinks more people should pay federal income taxes. com and a CNN contributor, to set up a Tumblr blog called "We are the 53%." It mimics Occupy Wall Street "We are the 99 percent" site. The 53% site gives a voice to those who reject the contention that most Americans are victims of the system, said Josh Trevino, "quasi-official spokesman" for the blog. "What the 99% is missing is the element of personal responsibility," said Trevino, who is also vice president at the conservative Texas Public Policy Foundation. More than a thousand people have sent in entries to the 53% site, which generally features their photo next to a piece of paper that outlines their views, as well as their struggles and work histories. "I am responsible for my own destiny," writes one 34-year-old father of three. "We didn't go through all that struggle while raising three kids to support people who don't feel they need to work or people who feel they are entitled to something they haven't earned," said Decker, 44. At this point, neither Keder nor Trevino plan to shift their 53% efforts from the online world to the physical one. But they are both surprised at how popular the backlash has become. "It's lasted far longer than we thought and it's become much bigger than we thought," Trevino said. Photographing Steve Jobs He was a thrilling subject (most of the time) for the photographers who shot him. Fortune talked to Norman Seeff, Michael O'Neill and Albert Watson about what the process was really like. Disclaimer LIBOR Warning: Neither BBA Enterprises Limited, nor the BBA LIBOR Contributor Banks, nor Reuters, can be held liable for any irregularity or inaccuracy of BBA LIBOR. Disclaimer The Dow Jones Indexes^SM are proprietary to and distributed by Dow Jones & Company, Inc. All content of the Dow Jones Indexes^SM 2011 is proprietary to Dow Jones & Company, Inc. The market data is the property of Chicago Mercantile Exchange Inc. |
| tinyurl.com/3ddks2x -> news.yahoo.com/blogs/lookout/poll-more-agree-disagree-occupy-wall-street-goals-141203055.html The Lookout - Wed, Oct 26, 2011 AP Photo/Mary Altaffer Substantially more Americans agree than disagree with the goals of the Occupy Wall Street movement, according to a new poll. And nearly two-thirds say wealth should be distributed more equitably. Forty-three percent of respondents to a new CBS/New York Times survey said they agree with Occupy Wall Street's goals, while, 27 percent said they disagree. And 46 percent said Occupy Wall street represents the views of most Americans, while 34 percent said it doesn't. Younger Americans, those with more education, and those who describe themselves as liberal were most likely to support the protests. The movement, which began with demonstrations in lower Manhattan last month and has since spread to cities across the country, has inveighed against growing inequality and corporate influence in the political system. Meanwhile, just 26 percent said that money and wealth are distributed fairly in America, while 66 percent say they aren't. Olsen suffered a fractured skull while marching with other protesters attempting to reestablish a presence in the area of the disbanded camp, said Dottie Guy, of the Iraq Veterans Against the War. Police Chief Howard Jordan says an internal review board and local prosecutors have been asked to determine if officers on the scene used excessive force. s=2143684761&pt=storypage&t=2031264338&sec=MediaInfiniteBrowse&ret=b f241c40-a5ac-5751-af00-43ad7145d6fc%3Aa5972609-9724-37ed-ac3c-c825a4b36 e07%3Ac370888f-b69b-5dc9-b911-b16444ec5ceb%3Aa8f67d49-5209-32f8-893e-11 083a6bcd02&pstaid=e2da5a45-e423-3743-bf93-842c9b404f0d&csrcpvid=Vg3HcEP DlDnbHfJSwZxEWQKBRTfow06rmewAAI1j Today on Yahoo! Santa Clara, United States o 2 days ago There is an all-pervading sense among the AMERICAN PEOPLE that they've been taken for a ride during the last decades! It used to be that a single wage could buy a house, support a family of 4 or 5, and afford two cars! Danville, United States o 2 days ago Meanwhile, GE CEO Jeffery "the Job Czar" Immelt sits next to the President in the White House, paying no taxes on 5 billion dollars of 2010 profit, taking 165 million in tax payer funded stimulus and ships jobs to China and India while shutting down domestic plants and slashing the wages of those remaining by 35 percent. Mannford, United States o 2 days ago Again: We are taught from childhood about the government of the people, by the people, and for the people. Yet all the polls reported that the American People were more than 2 to 1 against NAFTA. Atlanta, United States o 2 days ago I don't want someone else's money. I want my own money, that I get to make with my own actions. Bring the work back home, or there will be nobody left to buy the things you make cheaper elsewhere. Louis, United States o 2 days ago Corporate influence in the political system is the issue I have with Wall street and all other lobbying factors that has influenced the way congress operates.. Austin, United States o 2 days ago I remember as a Electronics Technician making $16 an hour working 50 - 60 hours a week. Every quarter the profit sharing bonuses was nice to have. A few 1000$ once in a while was nice to have to pay off debts or purchase that new computer. Now all you see is jobs going over seas and the American worker is left out wanting to work. Working at Mc Donalds to me is not a job you want if your rent is $600+ a month! You need to make atleast $18 per hour to have a decent living. Edz 2 days ago What I don't understand is if corporate influence in the political system is the issue then why aren't they picketing Washington and state capital buildings? Why aren't they picketing radio and TV news organizations who make it so that any politician who wants to run for office must collect HUGE sums of donor money (and owing back political favors) to pay for radio and TV spots? Why aren't they out there picketing the offices of lobbyists? Beaumont, United States o 2 days ago Warren Buffett, in a recent interview with CNBC, offers one of the best quotes about the debt ceiling: "I could end the deficit in 5 minutes," he told CNBC. "You just pass a law that says that anytime there is a deficit of more than 3% of GDP, all sitting members of Congress are ineligible for re-election/ The 26th amendment (granting the right to vote for 18 year-olds) took only 3 months & 8 days to be ratified! That was in 1971 - before computers, e-mail, cell phones, etc. Of the 27 amendments to the Constitution, seven took one year or less to become the law of the land - all because of public pressure. Warren Buffet is asking each addressee to forward this email to a minimum of twenty people on their address list; In three days, most people in The United States of America will have the message. A Congressman/woman collects a salary while in office and receives no pay when they're out of office. All funds in the Congressional retirement fund move to the Social Security system immediately. All future funds flow into the Social Security system, and Congress participates with the American people. The American people did not make this contract with Congressmen/women. Congressmen/women made all these contracts for themselves. The Founding Fathers envisioned citizen legislators, so ours should serve their term, then go home and back to work. If each person contacts a minimum of twenty people then it will only take three days for most people (in the US) to receive the message. Sacramento, United States o 2 days ago some of us might agree with what is wrong in our country. but MOST of us still believe the system our FOUNDERS gave us, would be used to remove those who have abused our trust. we do not break our system because others have abused it. Vancouver, United States o 2 days ago Why don't they go protest these state colleges that persuade kids that a hundred and twenty five thousand dollars in debt is worth it for a chance at a job paying twelve dollars an hour or why does it cost so much? Holly Bailey - Thu, Oct 27, 2011 About The Lookout The Lookout is the Yahoo! News national affairs blog focusing on America's most important and interesting stories. |
| www.kiplinger.com/tools/income_rank -> www.kiplinger.com/tools/income_rank/ Using data released by the IRS, Kiplinger has built a tool to show your income status compared to your fellow Americans. The income breakdowns are based on adjusted gross income (AGI) reported on 2009 tax returns -- the latest statistics available. You'll find it on line 37 if you used the Form 1040, line 21 on Form 1040A or line 4 on the 1040-EZ. Or enter your annual salary (the IRS categories are broad enough that your result will likely be the same). |
| money.cnn.com An Election Day advance 5:07pm: Stocks trim some gains, but remain upbeat for second session as investors eye bond rally, crude oil decline, earnings. Real estate: Babes in bear land 4:31pm: Most Realtors haven't been in the business long enough to see anything but a boom market, and the current slump is new to all but a handful of industry veterans. MySpace Voters MySpace Voters Young voters are being targeted by politicians through social networking sites like Facebook and MySpace. Elections and trade policy Elections and trade policy CNN's Lisa Sylvester examines the effect a change of power in Congress would have on trade policy. Community Classifieds Community Classifieds Business 20 editor Erick Schonfeld talks with Craig Newmark, founder of Craigslist, about why the service is the next disruptor. Batteries that never die Batteries that never die CEO Arthur Chait talks about EoPlex's newest creation: A device that lets batteries recharge with rubbing alcohol. Vietnam gets nod from WTO Vietnam gets nod from WTO The World Trade Organization formally invited Vietnam to become the 150th member. Call center culture Call center culture A new movie examines how the culture evolving around American built Indian call centers is clashing with traditional Indian values. |