capitalism tax reform

‘Capitalist Suicide’: What’s Wrong With This Chart?

Grab the torches and the pitchforks.

Grab the torches and the pitchforks.
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7 comments on “‘Capitalist Suicide’: What’s Wrong With This Chart?

  1. The corruption in all facets of our economic doomsday trump/republican future means that the more you grab now the harder it will be to pry out of your cold dead hands.

  2. Don’t discount the clever use of panem et circenses

  3. Spunky McGregor

    Well I woke up this morning
    On the wrong side of the bed
    And how I got to thinkin’
    About all those things you said
    About ordinary people
    And how they make you sick
    And if callin’ names kicks back on you
    Then I hope this does the trick
    ‘Cause I’m sick of your complainin’
    About how many bills
    And I’m sick of all your bitchin’
    ‘Bout your poodles and your pills
    And I just can’t see no humor
    About your way of life
    And I think I can do more for you
    With this here fork and knife
    Eat the rich
    There’s only one thing that they are good for
    Eat the rich
    Take one bite now – come back for more
    Eat the rich
    I gotta get this off my chest
    Eat the rich
    Take one bite now – spit out the rest
    So I called up my head shrinker
    And I told him what I’d done
    He said you best go on a diet
    Yeah, I hope you have some fun
    And a don’t go burst the bubble
    On rich folks who get rude
    ‘Cause you won’t get in no trouble
    When you eats that kinda food
    Now they’re smokin’ up their junk bonds
    And then they go get stiff
    And they’re dancin’ in the yacht club
    With muff and uncle biff
    But there’s one good thing that happens
    When you toss your pearls to swine
    Their attitudes may taste like shit
    But go real good with wine
    Eat the rich
    There’s only one thing that they are good for
    Eat the rich
    Take one bite now – come back for more
    Eat the rich
    I gotta get this off my chest
    Eat the rich
    Take one bite now – spit out the rest
    Believe in all the good things
    That money just can’t buy
    Then you won’t get no bellyache
    From eatin’ humble pie
    I believe in rags to riches
    Your inheritance won’t last
    So take your gray poupon my friend
    And shove it up your ass
    Eat the rich
    There’s only one thing that they are good for
    Eat the rich
    Take one bite now – come back for more
    Eat the rich
    I gotta get this off my chest
    Eat the rich
    Take one bite now – spit out the rest
    Eat the rich
    There’s only one thing that they are good for
    Eat the rich
    Take one bite now – come back for more
    Eat the rich
    Don’t stop me now, I’m goin’ crazy
    Eat the rich
    That’s my idea of a good time baby

  4. The farmer has traded in his pitchfork for an AR-15. When the government announced that it had developed a neutron bomb that left buildings intact while killing people, I saw the writing on the wall. These suckers will stop at nothing to hold onto the loot.

  5. Good read, but a better title than, “What’s wrong with this chart” would have been, “Just in: actual data on SEC’s 1982 experiment to allow stock buybacks.”
    In fact, the effects of the SEC’s issuance of 10b-18 in 1982 have been devastating to corporate productivity and, subsequently, living standards. This single SEC action basically freed America’s C suite and boardroom denizens to play with cap ratios in rewarding themselves in comp plans…and they have. Instead of running huge risks driving R&D, capital expenditures, etc., in slogging it out in the competitive trenches of the free market, most have opted to simply use the artificially low rates to buy back their stock…because they can, as Slick Willie said..

  6. Pingback: Contra Corner » January 2: Daily Contrarian Reads

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