What exactly do you mean by the statement that it is "not a democrat agenda"?morbo3000 wrote: Inequality refers to the widening gap between the super rich and middle class. Not between the middle class and the poor. That's not a "democrat" agenda.
I am not familar with this example, can you provide a link to an article that describes the events and give your summary of the reason the problem and why that problem exists? If you wish to propose some solution to the problem please do so.morbo3000 wrote:The Wells Fargo story is a great example. Millions in fraud. Top executives rewarded in the millions.
Can you describe the mechanics of how this is done? What step in that process, if any, is unethical? What is your opinion about what should be done to resolve this problem?morbo3000 wrote:The super rich in banks, investment firms, etc siphon off the profits of national productivity.
This is an economic fallacy: Stagnant paper or electronic money, no matter where it resides, does not inhibit the growth of an economy. If you disagree, please explain why.morbo3000 wrote:If that weren't happening, wages would naturally raise for the middle class...money that could otherwise be used to grow the economy through purchases is stagnant in their bank accounts.
There is nothing unethical, in my opinion, about charging the highest price that the market will bear. It is my understanding that the culprit here is the FDA, which has prohibited competitors from entering the market. It the FDA had permitted competitor products, then there would have been lower, rather than higher, prices. Do you see it differently? If so why?morbo3000 wrote:The Epi-pen story is another example. Huge compensation for executive while artificially inflating the price. Knowing it will be subsidized by insurance costs. Passing the price onto consumers in higher premiums.
Robbery is the crime of taking or attempting to take anything of value by force, threat of force or by putting the victim in fear. How exactly do you believe the super rich are doing this? What specific action did they take that consititues robbery?morbo3000 wrote:The super rich have been robbing us.
Do you consider crime here to be breaking of God's laws, human laws, or both? Either way, exactly what law was broken? That is to say, exactly what crime was committed?morbo3000 wrote:What's even worse about this is when their criminal activity is unveiled, no one is held accountable.
To what extent does the blame fall to the recipient vs. the politicians who chose to provide the bail out? It would be my view that the blame falls entirely upon the latter, and not the former. If you disagree, please explain why.morbo3000 wrote:... and being bailed out by taxpayer money