OBAMA TOP ECONOMIST LIES ABOUT PIKETTY’S AWARD WINNING RESEARCH TO PROP UP THE MULTINATIONAL SCAMS AGAINST THE MIDDLE CLASS!

“The game is rigged and the American people know that. They get it right down to their toes.”

— Senator Elizabeth Warren (D-MA)

FACT = MULTINATIONAL TAX RATES AND US CORPORATE REVENUES AT NEAR ALL TIME LOWS!

FACT = US MARKETS AT ALL TIME HIGHS!

FACT = THOSE WITH MASSIVE WEALTH COLLECT PASSIVE INCOME INCLUDING USURY INTEREST AND DIVIDENDS TAXED AT 15%!

FACT: KOCHS HAVE GROWN FROM $30 BILLION TO $100 BILLION IN LESS THAN A DECADE OF PASSIVE INCOME AND SCAMMING + MASSIVE GOVERNMENT WELFARE!

THE RICH BUY WELFARE = $1 OF BRIBERY = $1,OOO OF WELFARE!

Obama’s Top Economist Has Some Problems With Piketty’s Book by Neil Irwin MAY 7, 2014

Jason Furman, the chairman of the Council of Economic Advisers, Representing the MULTINATIONAL $BILLIONAIRES is skeptical of Pikettys assumptions

Obama has 70+ WALL STREET SYMPATHIZERS ON THE WHITE HOUSE STAFF!
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Furman = MUMBOOOO JUMBOOO ATHLETES + MORE MUMBOOO JUMBOOOO = MULTINATIONAL SCAMMERS SAY!

FACT FOR FURMAN = USA #1 IN WEALTH INEQUALITY IN DEVELOPED WORLD
FACT FOR FURMAN = USA #1 IN INCOME INEQUALITY IN DEVELOPED WORLD!

AND IT IS NOT ATHLETES WHO SCAM THE MIDDLE CLASS! = IT IS MULTINATIONAL BILLIONAIRES THAT SCAM THE MIDDLE CLASS IN VIRTUALLY EVERY INDUSTRY!

Mr. Furman = TRIES TO FOCUS HIS BULL CHIOT ON how people are paid for their labors and how much to a shift in returns and ownership of capital. =

FACT: LABRON JAMES = SUPERSTAR
FACT: JAMlE DlMON = JUST A SUPER-SCAMMER CAUGHT OVER & OVER!

Whenever they use the Athlete comparison YOU KNOW EVERYTHING THAT FOLLOWS IS A MASSIVE SET OF LIES!

FURMAN USES THE SUPERSTAR LIE = BANKERS WHO ARE OUTRIGHT SCAMMERS AND MONOPOLIES WHO OVERCHARGE by 21,OOO% TO 177,525% (BOEING FOUND IN ONE AUDIT). TRANSFERRING WEALTH TO THE TOP O.OOO13% FROM THE MIDDLE CLASS = ALSO USING FAKED WARS!

WAGES FOR 99% SUPPRESSED BY A GLOBALIZATION USE OF SLAVE LABOR BY WALL STREET SCAMMERS

WALL STREET SCAMMERS + $BILLIONAIRES = O.OOO13% (425 BILLIONAIRES) EXPLOITING ASIAN SLAVE LABOR OF $1 per HOUR

WALL STREET SCAMMERS + $BILLIONAIRES = AND SHIFTING 58,OOO FACTORIES AND 12+ MILLION JOBS TO SLAVE LABOR COUNTRIES = RUINING MIDDLE CLASS LIVES AND WIPING OUT UNIONS!

FACT FOR FURMAN = CLAIMS WAGES ARE DEPRESSED BY TECH CHANGES AND IGNORES ASIAN SLAVE LABOR THAT ROBS GOOD PAYING AMERICAN JOBS USING TRAD DEALS LIKE NAFTA AND TPP!

FURMAN = IGNORES ASIAN $1 / HOUR WAGES!

FURMAN IGNORES FACTS: RICH = LAZY LIVING OFF PASSIVE INCOME FROM PAST WEALTH OR INHERITANCE OR THE FRUITS OF OTHERS LABORS LIKE A MONARCH OR HEDGE FRAUDSTER!

FURMAN = PRETTY SAD ARM WAVING MUSH TALK WITH NO FACTS!

FURMAN = HAS NO WAY TO PROVE HIS BS = THERE IS IN FACT AN ENORMOUS ACCUMULATION OF WEALTH IN THE HANDS OF 425 BANKERS AND MONOPOLISTS WHO EXPLOIT THE AMERICAN MIDDLE CLASS AND CHEAP LABOR AROUNS THE WORLD! = A GROUP WHO BUYS OUR ELECTED REPRESENTATIVES!

USA #1 = Enormous accumulations of wealth, in the form of capital = THEIR INCOME TAXED AT 50% OF LABOR

USA #1 in WEALTH INEQUALITY = MULTINATIONAL BILLIONAIRES BUY 14,OOO TAX LOOPHOLES FOR THEIR LAWYERS AND CPAS TO AVOID TAXES! = CAYMAN!

FURMAN LIES ABOUT THIS ALSO = “The most striking argument in Piketty’s book is that to the degree that growth rates slow in the future because of demographic or other factors, this will inevitably lead to a sustained increase in inequality.” = NOT THE CENRAL THEME AT ALL!

FACT: Piketty THEME is EXCESSIVE CONCENTRATED ACCUMULATION OF WEALTH = PERPETUATES MORE CONCENTRATION OF WEALTH UNTIL IT IS ALL IN A FEW HANDS! WEALTH MUST BE TRANSFERRED TO THE 99.99% FOR A HEALTHY SOCIETY!
FURMAN = WANTS US TO BELIEVE AMERICANS PLAY ON A LEVEL PLAYING FIELD = WHAT A LIAR!

WEALTH HAS AND CONTINUES TO ACCUMULATE IN 425 BILLIONAIRES’ HANDS BECAUSE INSTEAD OF A 91% to 94% TOP TAX RATE LIKE 1945 to 1970s THE RICH PAY 12% OR LESS USING 14,OOO LOOPHOLES AND A REAGAN ERA TAX RATE + TAX ON PASSIVE CAPITAL IS 50% LESS THAN LABOR!

“Piketty’s prediction is that the capital share of income will rise, pushing in the direction of increased inequality.” = TRUE UNLESS WE TAX THE WEALTH AND INCOME OF THE RICH WITHOUT 14,OOO LOOPHOLES!

FURMAN = “But this is only one of the determinants of inequality.”

FACTS: OTHER CAUSES OF WEALTH INEQUALITY ARE GOV WELFARE TO THE RICH + LOW TAX ON CAPITAL + LOW TAX ON INHERITANCE + USE OF ASIAN OR AFRICAN $1 / DAY or $1 / Hour LABOR + MONOPOLIES BUILT BY MULTINATIONAL-GOVERNMENT BRIBERY!

FURMAN ADMITS INEQUALITY IS INCREASING IN AMERICA = “While the trends may continue to shift in that direction, a more important factor to date has been the inequality within labor income (THERE GOES THE SUPER-STAR ATHLETE BULL CHIOT AGAIN), and while Piketty implicitly takes this to be fixed (FURMAN ARM WAVING WITH ZERO FACTS), there is no a priori basis to predict whether it will rise or fall in the future because it is a function of unpredictable technological developments, norms, institutions and public policies.” FRAUDULENT POLICIES BRIBED FOR BY THE RICH = THAT ROB THE MIDDLE CLASS TO REWARD THE 425 MULTINATIONAL $BILLIONAIRES!

FURMAN’S FASCINATION WITH SUPER-STAR FRAUDSTERS LIKE DIMON + LLOYD WHO SCAM CUSTOMERS IS DISGUSTING = COMPARING THESE CROOKS TO LEBRON IS DISGUSTING! = FURMAN = “ trends that lead to superstars in a range of industries earning millions or billions of dollars, which they can in turn invest in capital that builds on itself. But there are no guarantees that the trend of recent decades in this direction will continue.” YES ELIZABETH WARREN AS PRESIDENT COULD CHANGE THE EXECUTIVE AND HEDGE FRAUD RIP-OFFS!

FURMAN = REFUTES that slowing economic growth would mean rates of return on capital that exceed overall growth = PIKETTY PROVED THIS BEYOND DOUBT!

FURMAN IS SIMPLY SAYING = THERE IS ONE CHANCE IN HECK HE IS WRONG = ZERO EVIDENCE TO SUPPORT FURMAN!

FURMAN WITHOUT ANY SUBSTANTIATION SPECULATES THAT = “when growth rates fall, the ratio of capital to income rises, and the increased prevalence of capital drives down the rate of return on capital.” GROWTH WILL ALWAYS DECLINE FASTER THAN RETURN ON CAPITAL AS INTEREST USURY RATES ARE OFTEN LOCKED IN FOR DECADES!

FURMAN WITHOUT ANY SUBSTANTIATION SPECULATES THAT = “Whether the return on capital falls more or less than the growth rate depends on how substitutable capital and labor are, with less substitutability meaning that the extra capital will be less useful, thus driving its return down more.” MUMBOOO GUMMBOOOO SPECULATION = NO FACTS BUT PIKETTY HAS FACTS!

FURMAN SPECULATES = SLOWING GROWTH = LOWER RETURN ON CAPITAL = BUT THEY BOTH DECLINE SO PIKETTY IS STILL CORRECT ON HIS RATIOS!

FURMAN says, “It is possible (HECK IT COULD SNOW IN PALM SPRING IN JULY BUT IT WILL NOT) that lower growth would lead the rate of return on capital to fall even more rapidly, which would “push in the direction of less inequality.” = 1 CHANCE in 5 TRILLION BAZILLION!

FURMAN = NO CREDIBILITY AT ALL!

FURMAN = Policies for fighting global inequality = BULL CHIOT MULTINATIONAL BS SOLUTIONS THAT DON’T TOUCH THEIR WEALTH = expanding access to preschool + MORE LOW WAGE LABOR FROM ASlA + RAISING THE MIN WAGE = BANDAID ON A HEMORRHAGE.

FURMAN = PROTECT THE MULTINATIONAL $BILLIONAIRES = NO TAXING THE WEALTH OF THE RICH + NO ENDING THE USE OF $1/HOUR LABOR + NO REDUCTION OF WELFARE TO RICH AND MULTINATIONALS + NO SPLITTING UP OF MONOPOLIES + NO Global 2% tax on wealth + PLAY AROUND THE EDGES TO SHUT THE 99% UP!

FURMAN = PLAYING THE 99.99% FOR SUCCCCKKKKERS WITH HIS BS!

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STOP THE RICH AND LARGE MULTINATIONALS!

SIMPLE = Rich and large MULTINATIONALS pay no or NEAR ZERO in taxes
SIMPLE = Rich and large MULTINATIONALS insist on austerity policies for 99%
SIMPLE = Rich and large MULTINATIONALS get massive WELFARE+PRIVILEGES
SIMPLE = Rich and large MULTINATIONALS get NEAR-ZERO INTEREST
SIMPLE = Rich and large MULTINATIONALS INCENTIVES to seek $1/hour labor
SIMPLE = Rich and large MULTINATIONALS ARE NEVER PROSECUTED
SIMPLE = Rich and large MULTINATIONALS RUN MONOPOLIES = OVERCHARGE
SIMPLE = Rich and large MULTINATIONALS SCAM the MIDDLE CLASS IN WARS
SIMPLE = Rich and large MULTINATIONALS INDUSTRIES SCAM MIDDLE CLASS
SIMPLE = Rich and large MULTINATIONALS BOUGHT OUR ELECTED POLS!
SIMPLE = Rich and large MULTINATIONALS RICHER THAN 1929 + 99% POORER
SIMPLE = Rich and large MULTINATIONALS are BIGGER than ROBBER BARONS
SIMPLE = Rich and large MULTINATIONALS EXPLOIT PEOPLE AND RESOURCES
SIMPLE = Rich and large MULTINATIONALS HIDE WEALTH OFF-SHORE = NO TAX

House is passing bill to make $320+ Billion in permanent CORPORATE TAX CUTS

House wants bill to let the child care and earned income expire

2014 = VOTE LIKE YOUR LIFE DEPENDS ON IT = END GOP TYRANNY

REPLACE GOP WITH NEW MIDDLE CLASS GROWTH PARTY TO END POVERTY!

AMERICANS = MUST GET IN THE GAME = YOUTH + WOMEN + MINORITIES + OTHER SMART PEOPLE MUST REGISTER AND VOTE IN 2014!

STAYING HOME = MORE GOP DISASTERS OF THE KOCH KIND = United Corporations of America