Adam Carolla goes on rant about OWS

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He has some excellent points.
 
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He seems like a pretty angry dude to be honest.

I suppose there's some good points there about envy etc. But lets not forget that alot of this envy is caused by all this MTV reality show stuff that's showing rich as hell people living their flashy lifestyles 24/7. Famous for being famous, rather than for actually doing anything important. (Keeping Up With The Kardashians, Girls of the Playboy Mansion, that kinda stuff) It's all being flashed in front of our faces all the time. "look at me, look at how rich I am, look at my handbag that costs more than both your cars, and despite all this I still want you to buy my shitty perfume so I can have even more money!"

Yes the OWS generation is angry. But lets look at the massive gap between the rich and the poor. And lets look at how the rich in society seem to have a different set of rules to play to compared to those with less. Of course we all know about the whole financial sector taking stupid risks, crashing the economy, causing countless numbers of people to lose their jobs and then getting bailed out and still getting their multi-million bonuses. Who's suffering because of their fuckup? It's certainly not the bankers!

For everyone else if your company fails you go bankrupt, you lose your house, you can't afford food and you have to sleep on a bench in a park. You don't get a bailout, you don't keep your job, you don't get a bonus, you're out on your ass and if you're lucky you might even manage to survive long enough to find a shitty job and start your life all over again from the bottom.
So why do the guys who fucked up the economy get everything when the average joe trying to support his family get nothing? It's privatizing profits and socialising losses and it's just plain wrong in my opinion.

It's all about making money flow in one direction, to the people who already have plenty of it. Big corporations make cheap crap products designed to fail, sell them for 10,000% of their manufacturing costs, pay their workers terrible wages and then extract money from every single person you possibly can by pummeling the population with mass marketing so aggressive that it's basically brainwashing.

To me that's not something to look up to. That's something to be ashamed of.
 
LOL dude is so damn stupid that he thinks that the economic inequality are due to ENVY and LAZYNESS.
These imbeciles should just say "I don´t have time to study the issue AND have an opinion, so I will just say whatever comes from my large ass".

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Interesting... the top 1% pay for 55% of the taxes that go in each year. As of today, 47% of all US citizens do not pay taxes, not a single dime, for whatever reason. So, it would seem he has studied the issue, as these are things he talks about during his rant.
 
You can throw around statistics all day long. Currently in the United States, for every 4 job applicants there is only 1 job. The top 1 percent makes 49.7 percent of wages (http://www.docstoc.com/docs/9904056/saez-UStopincomes-2007).

This angry asshole might be right about a few wealthy kids who lack perspective, but the OWS movement is indicative of larger, systemic, problems.

Also, OWS is not just about making the rich pay more taxes. In fact, it's largely a political call to action - most citizens of the United States realize corporations fuck them over on a regular basis (health insurance, oil companies, you name it), and that the government helps them do it, but Americans don't think they can do anything about it. OWS is about standing up and saying, "yes, as a citizen in a democratic nation I have a voice and the government needs to listen to it."
 
By the way, I only made it 5 minutes into his rant. He made have made some decent points towards the end.... but I doubt it.
 
Interesting... the top 1% pay for 55% of the taxes that go in each year. As of today, 47% of all US citizens do not pay taxes, not a single dime, for whatever reason. So, it would seem he has studied the issue, as these are things he talks about during his rant.

Is it? Ever wondered from where all this money from the 1% comes from? Ever wondered how does profit happens on our society. Because, for Adam, this literate genius, profit and wealth comes magically when you work hard enough.

Based on this great intelectual, everyone could drive sport cars if they worked hard enough, even the guy who is cleaning the bathrooms at Ferrari. There´s no such a thing as exploration. There´s no such a thing as social conflict. Everyone can be equally rich at the same time, it is just a matter of work hard instead of being jealous.

That´s why, in a hundred years, people are still going to study such a clever speech from this video.
 
Is it? Ever wondered from where all this money from the 1% comes from? Ever wondered how does profit happens on our society. Because, for Adam, this literate genius, profit and wealth comes magically when you work hard enough.

Based on this great intelectual, everyone could drive sport cars if they worked hard enough, even the guy who is cleaning the bathrooms at Ferrari. There´s no such a thing as exploration. There´s no such a thing as social conflict. Everyone can be equally rich at the same time, it is just a matter of work hard instead of being jealous.

That´s why, in a hundred years, people are still going to study such a clever speech from this video.

Where's the part where you actually address what you quoted from me?
 
Is it? Ever wondered from where all this money from the 1% comes from? Ever wondered how does profit happens on our society. Because, for Adam, this literate genius, profit and wealth comes magically when you work hard enough.

Based on this great intelectual, everyone could drive sport cars if they worked hard enough, even the guy who is cleaning the bathrooms at Ferrari. There´s no such a thing as exploration. There´s no such a thing as social conflict. Everyone can be equally rich at the same time, it is just a matter of work hard instead of being jealous.

That´s why, in a hundred years, people are still going to study such a clever speech from this video.

I'm too drunk to hone in on which side you are taking, but, your thoughts had me thinking. If salary was based on how hard you worked, construction workers would be billionaires and celebrity actors/musicians would barely be scraping by. In holly wood for example, the people that do the most footwork are the people that advertise the movie or music, the people responsible for making the product viral, however, they are the ones getting the pay cut in this economy not the actors/musicians even though the actors make a few million per movie/episode and have 4 or 5 Billion dollar mansions when the people responsible for allowing said celebrity to make such billions are barely scraping by with 40K a year. When budgets gets cut in Hollywood acting/music, the celebrities never get hit, its the people that are responsible fore making the celebrities that get hit, the celebrities are so damn jaded they demand a certain amount for their efforts, and the agencies comply because without artists that people want to see they will go out of business. When they are loosing money their only option is to cut wages and lay off the hardest workers in the industry.

Same goes in manufacturing. Most manufactures make everything as cheap as they can, when they can't make it any cheaper and they still lose money, they lay off the hardest workers so that the higher ups can keep their wages, even though they aren't doing dick compared to what the lowest man is doing on the assembly line. The lowest guy is busting his ass more than any man their, though he is worth less and makes less. This is corporations for you, this is the jaded nature of the rich and they will do whatever they can to keep their millions or billions if it means some other family can't eat dinner that night.

Celebrities both about how they can't afford anything and how they are so hurt for money when they are in sitcoms where they make a million per show, thing about the other 99% that barely makes 30K a year in the US that work harder in a day that any celebrity works in their lifetime. Yeah being and actor or famous musician or stock market broker sucks, but for the amount of effort they put in, they are overpaid to the rest of the hard workers around the world.
 
You been living in a cave for the last 2 months?

http://en.wikipedia.org/wiki/Occupy_Wall_Street

ah, i didn't even think of that, and definitely didn't think of an "OWS Generation", that just sounds retarded.

Personally, I think I find protesting to be a form of whining, it doesn't really seem to actually do anything. It would be great if instead of standing about, people got involved with their local communities and worked to make a difference. But what do I know, I don't do shit.

Protesting does bring attention to issues, but it's kind of like marketing a product that doesn't exist, there's no real 'useful' purpose.
 
Interesting... the top 1% pay for 55% of the taxes that go in each year. As of today, 47% of all US citizens do not pay taxes, not a single dime, for whatever reason. So, it would seem he has studied the issue, as these are things he talks about during his rant.

This statistic simply isn't real-- at least not functionally.

The 47% conservatives throw around refers only to federal income taxes. There is still an automatic 7.5% federal payroll tax that working people pay (which is matched by employers with another 7.5%) in addition to whatever state, local, property and sales tax they pay. The number of people who pay no federal income nor payroll tax is around 18%.

FWIW the payroll tax is actually capped so that everyone who earns over $100k year pays the same amount (not percent). So while I pay 7.5% in payroll tax a person making $200k functionally only pays about 3.75%. Theoretically the payroll tax is meant to pay for fixed services (hence the cap) however since medicare and SS are included in discussions of the deficit it's misleading to not include the payroll tax when counting up federal taxes collected (and who pays them).

61% of the 47% who "pay no [federal income] tax" make a household income under $20k. Asking them to pay more is squeezing water from a rock. People forget that you can work a full time job in the US and make $14,500/yr before taxes with no health insurance. We as a culture can either assume that everyone who does that is a lazy unmotivated idiot or we can accept that the world is more nuanced than that and the "hard work = success" motto is at best a best case scenario.

Another thing to consider is the difference between income and wealth. If you make $40k you'll pay 15%+7.5%payroll. If you just have $10billion in the bank that money is untaxed. Even if you invest it you'll still only pay 15% on the profit (capital gains) and no payroll tax. So functionally, the billionaire is paying 7.5% less than the average household. So, a billionaire can easily be part of both the top 1% and the 47% who pay no income tax and the 18% who pay no federal tax or payroll tax.

Anecdotally, I think you'll find very few OWS protestors who fall into that lowest bracket and I think you'll find that most of them are at least middle class and pay taxes. I also think you'll find that most of them are proud to be in the supposed 53% who pay taxes.
 
This statistic simply isn't real-- at least not functionally.

The 47% conservatives throw around refers only to federal income taxes. There is still an automatic 7.5% federal payroll tax that working people pay (which is matched by employers with another 7.5%) in addition to whatever state, local, property and sales tax they pay. The number of people who pay no federal income nor payroll tax is around 18%.

FWIW the payroll tax is actually capped so that everyone who earns over $100k year pays the same amount (not percent). So while I pay 7.5% in payroll tax a person making $200k functionally only pays about 3.75%. Theoretically the payroll tax is meant to pay for fixed services (hence the cap) however since medicare and SS are included in discussions of the deficit it's misleading to not include the payroll tax when counting up federal taxes collected (and who pays them).

61% of the 47% who "pay no [federal income] tax" make a household income under $20k. Asking them to pay more is squeezing water from a rock. People forget that you can work a full time job in the US and make $14,500/yr before taxes with no health insurance. We as a culture can either assume that everyone who does that is a lazy unmotivated idiot or we can accept that the world is more nuanced than that and the "hard work = success" motto is at best a best case scenario.

Another thing to consider is the difference between income and wealth. If you make $40k you'll pay 15%+7.5%payroll. If you just have $10billion in the bank that money is untaxed. Even if you invest it you'll still only pay 15% on the profit (capital gains) and no payroll tax. So functionally, the billionaire is paying 7.5% less than the average household. So, a billionaire can easily be part of both the top 1% and the 47% who pay no income tax and the 18% who pay no federal tax or payroll tax.

Anecdotally, I think you'll find very few OWS protestors who fall into that lowest bracket and I think you'll find that most of them are at least middle class and pay taxes. I also think you'll find that most of them are proud to be in the supposed 53% who pay taxes.

I was actually hoping you would join this thread, thank you for clearing the statistics up.