US Economy Contracts - More Cuts Will Mean Even Less Growth

John Weeks : The idea that smaller government leads to more private sector investment is a fairy tale
I think it's a wrong analysis. Today, conservatives no longer care to diminish welfare expenditure. That was true in the 80s and 90s. Today, they'd favor it because realizing welfare is a means to make lower income acceptable to the majority. By putting the low middle class on welfare, they can increase their share of the pie, which is already huge, to even more and not take on a revolution. no bankers in jail, John Corzine running a new business now.... Why hasn't anyone tried to publicly file lawsuits against a bank that won't lend them money? .. judicial system is in Obama's right front pocket, more balls for him to play pocket pool with , Cut the military budget and most problems will be solved

The Rich in America: Power, Control, Wealth and the Elite Upper Class in the United States

The American upper class describes the sociological concept pertaining to the "top layer" of society in the United States. This social class is most commonly described as consisting of those with great wealth and power and may also be referred to as the Capitalist Class or simply as The Rich. Persons of this class commonly have immense influence in the nation's political and economic institutions as well as public opinion. Many politicians, heirs to fortunes, top business executives, CEOs, successful venture capitalists and celebrities are considered members of this class. Some prominent and high-rung professionals may also be included if they attain great influence and wealth. The main distinguishing feature of this class, which is estimated to constitute roughly 1% of the population, is the source of income. While the vast majority of persons and households derive their income from salaries, those in the upper class derive their income from investments and capital gains. Estimates for the size of this group commonly vary from 1% to 2%, while some surveys have indicated that as many as 6% of Americans identify as "upper class." Sociologist Leonard Beeghley sees wealth as the only significant distinguishing feature of this class and, therefore, refers to this group simply as "the rich." " "The members of the tiny capitalist class at the top of the hierarchy have an influence on economy and society far beyond their numbers. They make investment decisions that open or close employment opportunities for millions of others. They contribute money to political parties, and they often own media enterprises that allow them influence over the thinking of other classes... The capitalist class strives to perpetuate itself: Assets, lifestyles, values and social networks... are all passed from one generation to the next." -Dennis Gilbert, The American Class Structure, 1998 " Sociologists such as W. Lloyd Warner, William Thompson and Joseph Hickey recognize prestige differences between members of the upper class. Established families, prominent professionals and politicians may be deemed to have more prestige than some entertainment celebrities who in turn may have more prestige than the members of local elites. Yet, contemporary sociologists argue that all members of the upper class share such great wealth, influence and assets as their main source of income as to be recognized as members of the same social class. As great financial fortune is the main distinguishing feature of this class, sociologist Leonard Beeghley at the University of Florida identifies all "rich" households, those with incomes in the top 1% or so, as upper class. Functional theorists in sociology and economics assert that the existence of social classes is necessary in order to distribute persons so that only the most qualified are able to acquire positions of power, and so that all persons fulfill their occupational duties to the greatest extent of their ability. Notably, this view does not address wealth, which plays an important role in allocating status and power. In order to make sure that important and complex tasks are handled by qualified and motivated personnel, society offers incentives such as income and prestige. The more scarce qualified applicants are and the more essential the given task is, the larger the incentive will be. Income and prestige which are often used to tell a person's social class, are merely the incentives given to that person for meeting all qualifications to complete an important task that is of high standing in society due to its functional value. "It should be stressed... that a position does not bring power and prestige because it draws a high income. Rather, it draws a high income because it is functionally important and the available personnel is for one reason or another scarce. It is therefore superficial and erroneous to regard high income as the cause of a man's power and prestige, just as it is erroneous to think that a man's fever is the cause of his disease... The economic source of power and prestige is not income primarily, but the ownership of capital goods (including patents, good will, and professional reputation). Such ownership should be distinguished from the possession of consumers' goods, which is an index rather than a cause of social standing." -Kingsley Davis and Wilbert E. Moore, Principles of Stratification. " As mentioned above, income is one of the most prominent features of social class, but not necessarily one of its causes. In other words, income does not determine the status of an individual or household but rather reflects upon that status. Income and prestige are the incentives in order to fill all positions with the most qualified and motivated personnel possible.

Navy SEAL Survival Specialist Says LA Cop Killer Chris Dorner Is Probably In Hiding Baja California

Navy SEAL Survival Specialist Says LA Cop Killer Chris Dorner Is Probably In Hiding Baja California
Why do the reports say that Dorner is so anti-gun for we the people? He's apparently against the people's right to keep and bear arms. Must be why Senator Feinstein announced southern Californians to disarm during the manhunt for their protection. This numbskull is laying more eggs than the freaking Easter Bunny. Meanwhile, The Fed continues to bleed the US dry, AIPAC, to suborn the Congress and Neo-Cons conspire to hood-wink the US into a war against Iran , Dorner wants LADP's bosses to live in a sheer panic. This guy is fighting for his name until the last drop of his blood. FBI and CIA existed only to protect NRA's lobbyists and AIPAC's disciples Only. Because that they could not catch Dorner until now. He could be behind CNN's clowns or somewhere else. This guy will encourage other frustrated officers to take their justice into their own hands specially Semi-auto and AR-15 are rampant in US.

THE EXECUTIVE: Obama's Real Reason He Wants Your Guns (Full Documentary)

The government WILL go after prescription meds, but not the EVIL corporations and doctors that push them. The government will go after the people who use them and who now depend on them. And if you ever have a panic Attack you will take anything to make it go away. So please don't blame the users or the people trying to get that pharma fish hook out of their brain

Eastwood: If DC Doesn't 'Give A Damn,' How Can We?

Hollywood legend and Republican supporter Clint Eastwood told CNBC that Washington gridlock is sending the nation racing towards another contentious debt deadline. "It's almost like they don't give a damn," he said, in a "Squawk Box" interview that aired Friday. The Oscar-winning director who's also known for his tough-guy roles asked rhetorically, "If they don't give a damn, why did they expect anybody else to?" With the deal to avoid the "fiscal cliff" barely in the rearview mirror, President Barack Obama and Republican leaders are on the clock again, scrambling to compromise on a package to replace the already-postponed automatic government spending cuts due to kick-in next month. Eastwood described it as "very disappointing" that so little has been accomplished. "The election's over. We should be moving ahead. The leaders aren't stepping up," and he said, "I think they have to hear from the public out there. And maybe the public is a little lackadaisical." He was thrust into the political spotlight of the 2012 presidential election — first with the "Halftime in America" Super Bowl commercial he did that year for Chrysler; and then over the summer at the Republican National Convention with the now infamous "empty chair" bit.