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View Diary: What Could the $32 Trillion in Off-Shored Wealth Buy? (62 comments)

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  •  More Proof There's Such a Thing as Too Much Wealth (16+ / 0-)

    at the top.

    The money is just sitting because businesses can't make lucrative use of it from expanding their production. That's because the 99% are tapped out, our wealth and income have declined, so we can't buy increased production anywhere near the scale of what this money could finance.

    We are called to speak for the weak, for the voiceless, for victims of our nation and for those it calls enemy.... --ML King "Beyond Vietnam"

    by Gooserock on Fri Apr 05, 2013 at 06:51:08 PM PDT

    •  They're just sitting on it like Smaug. (11+ / 0-)

      Do they launch ventures?  No.  Do they donate it?  Nope.  But just because they have no use for it doesn't mean they want anyone else to.  Greedy, useless bastards.  

      Going faster miles an hour, with the radio on.

      by Troubadour on Fri Apr 05, 2013 at 07:00:49 PM PDT

      [ Parent ]

    •  Sooooo..., Remember the hype... (6+ / 0-)

      ... about how "businesses need tax breaks so they can create jobs and hire people?"

      Remember how the unemployment rate barely varied in all those years?  How the only jobs created seemed to be overseas?

      Whatcha s'pose happened to those "tax breaks" and the tax refunds the rich got...?

      Anyone know where that money ended up...?

      Inquiring minds want to know....

      I'm sick of attempts to steer this nation from principles evolved in The Age of Reason to hallucinations derived from illiterate herdsmen. ~ Crashing Vor

      by NonnyO on Fri Apr 05, 2013 at 10:17:05 PM PDT

      [ Parent ]

      •  heck, NonnyO... (3+ / 0-)
        Recommended by:
        Troubadour, NonnyO, elwior

        i remember the hype about King MIDAS.

        it only finally penetrated his pea-brain when it affected that which/whom was more truly loved than his wealth.

        yeah, so for him, it wasn't "too late," but for our planet ?
        (never mind about us, it is within an eyelash-width of being far too late for us.)

        There is no Article II power which says the Executive can violate the Constitution.--@Hugh * Addington's Perpwalk: TRAILHEAD of Accountability for Bush-2 Crimes.

        by greenbird on Fri Apr 05, 2013 at 11:24:51 PM PDT

        [ Parent ]

        •  Um hum.... (3+ / 0-)
          Recommended by:
          Troubadour, elwior, mary4

          I'm old, so I have a long memory.  I worry more about the younger generations coming up.  I'm getting to the end of my lifespan, but the babies born today have their whole lives ahead of them.  I'd like it if they had a chance to grow up without fear of being bombed to smithereens or having to be faced with another illegal or unconstitutional war or dying because of toxic chemicals or polluted air, soil, or water, etc.

          I'm just Soooooooo tired of the lies and the false hype - Unutterably exhausted....

          I'm sick of attempts to steer this nation from principles evolved in The Age of Reason to hallucinations derived from illiterate herdsmen. ~ Crashing Vor

          by NonnyO on Sat Apr 06, 2013 at 01:17:44 AM PDT

          [ Parent ]

      •  You talk about American businesses (0+ / 0-)

        how many on this list are American businesses? Or even Americas? Denis Rich is the only one I see in the article.

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