Think Progress

Cavuto to Krugman: ‘You Are Lying To People’

Princeton economist and New York Times columnist Paul Krugman went on Fox News this afternoon to talk about his new article in Rolling Stone Magazine, “How the Super-Rich Are Screwing America.”

Krugman’s article is about how income inequality is getting worse and, as a result, even though some aggregate economic indicators are positive, most people aren’t benefiting. Cavuto told Krugman, “Here’s what I’m saying that you’re doing: You are lying to people.” Cavuto claims that income inequality isn’t “dramatically worse now than 10 years ago, 20 years ago.” Watch it:

[flv http://video.thinkprogress.org/2006/12/cavuto_krugman.320.240.flv]

Actually, Krugman is completely right: things are dramatically worse now than 10 or 20 years ago. Here’s a chart from the Economic Policy Institute that tracks the ratio of the wealthiest 1 percent of Americans to median income in the United States, a standard measure of income inequality:

Income inequality chart

Full transcript:

CAVUTO: Here’s what I’m saying that you’re doing: You are lying to people. That’s what I think that you’re doing.

KRUGMAN: I haven’t heard a lie yet. But, look, if that’s the way you want to do it, I mean, fair and balanced, go all the way. Look, c’mon, the fact of the matter is–

CAVUTO: No, no, you don’t have to be snide. You have to be factual.

KRUGMAN: You’re being snide.

CAVUTO: No, no, you’re mentioning good data. You’re saying there’s a growing divide between the haves and have nots. Others have argued that very effectively and very eloquently, just like you. All I’m saying is that the math that applied now, can’t you apply it in other periods, when there have been Democratic presidents who’ve had the same dislocations? You’re saying that it’s somehow dramatically worse now than it was 10 years ago, 20 years ago?

KRUGMAN: Yeah, actually, it is dramatically worse now than it was 10 years, 20 years ago. All of the measures of inequalities have just gone off the charts. It didn’t start with Bush — and I actually say that if anybody, you know, buy Rolling Stone, read the article — it actually starts even before Reagan, so this is not just Bush. The point of the matter is that, when, in these last five years, as it’s becomes clear that this is a really growing problem, that most people are not sharing in the economy’s growth, the policies of Bush have been at every point to push that inequality further.



175 Responses to “Cavuto to Krugman: ‘You Are Lying To People’”

  1. JesusChrist_GodOfWAR says:

    Truth is left leaning.

    Conservatives seem to live by wishful thinking, not the truth.


  2. Kevin says:

    So what. If the 1% earned it. so be it.


  3. BlueArkansas says:

    Cavuto presents enough of the appearance of swine that I nominate him for the full “Deliverance” treatment!


  4. 'sconset says:

    Krugman is a brilliant economist and is a very highly regarded professor of Economics at Princeton. Cavuto is a moron, and he demonstrates that he is unable to hold a conversation with Paul without the ad hominem attacks which are a trademark of Faux News.

    I have some friends who had Krugman in class and they said they learned so much from him. Remember, the people at Fox are uneducable.


  5. andrew says:

    May I ask for the millionth time: Why do people agree to appear on FOX news?

    It’s like not putting your arms up even though you now someone’s gonna’ hit you.

    I am hoping that there are hearings or a lawsuit soon that strip FOX News of it’s “News” suffix.

    ::::


  6. Darin says:

    Cuvato is the one who makes a living lying to people on a daily basis.


  7. SpudgeBoy says:

    So what. If the 1% earned it. so be it.

    Comment by Kevin — December 5, 2006 @ 6:37 pm

    THEY DON”T EARN YOU FU*KING STUPID ASS. THEY ARE BORN INTO IT, JUST LIKE YOUR MASTER BUSH.


  8. andrew says:

    “now” should be “know.”

    D- Uh!

    :)

    ::::


  9. mikey says:

    Kevin, do you have any comprehension skills? Whether the 1% earned their money has nothing to do with this thread.



  10. criticalthinker says:

    Re#2 Kevin

    They are not “earning” it, but they are “stealing” by “externalizing” their PRIVATE costs of doing business to the PUBLIC!

    For example, when a company profits by generating wastes that last long after the company has merged or been sold, which results in others having to PAY to clean up that company’s damage.

    Do you understand that this is “stealing”?


  11. Zooey says:

    Cavuto v. Krugman

    “You are lying to people.”

    I don’t even have to read it — Krugman slapped the crap out of that little prick didn’t he?


  12. no longer surprised says:

    a good indicator of how things are going . . . . your local help wanted pages. call center positions, collection agents and loan officers. even with a college degree many have a good shot of only getting jobs they could have gotten out of high school (and without the student loan debt).


  13. darby1936 says:

    We are going through abother Gilded Age only now the top 1% are global. Its a race to the bottom.


  14. Kevin says:

    THEY DON”T EARN YOU FU*KING STUPID ASS. THEY ARE BORN INTO IT, JUST LIKE YOUR MASTER BUSH.

    Comment by SpudgeBoy — December 5, 2006 @ 6:48 pm

    Funny. Bill Gates didn’t get his first billion from his parents.


  15. James says:

    Smart Rich vs. Stupid Rich

    http://nontrivialpursuits.org/WordPress/?p=30

    Cavuto is among the stupidest of the Stupid Rich…


  16. winniepooh says:

    Economic Policy Institute

    Who?

    Never heard of them.

    Anybody,including thinktanks such as “EPI”can cook the books to match any political/ideological agenda.

    Including TP`s and it` authors.

    Any “legitimate” figures on this?TP?

    No? Then you are merely pissing into the wind Think Progress/Staff/Posters.

    Krugman is a political hack.His legitimacy/credibility has always been under attack,and rightly so.

    Not enough time to report all of Krugman`s debunkings,but this seems to be the latest in his long heritage of being a strictly left wing mouthpiece.

    He is the Sean Hannity of print,let`s just put it that way.

    And I am a democrat.


  17. andrew says:

    15:

    No, he stole it from Steve Jobs.

    ::::


  18. Josh P. says:

    This will never change because the rich people of this country control everything, including elections. Without a virtual desruction of our monopolistics and capitalistic society we will not see any change.

    http://www.getsomejosh.com


  19. slicendice says:

    Funny. Bill Gates didn’t get his first billion from his parents.

    Comment by Kevin — December 5, 2006 @ 6:56 pm

    No, he takes his orders from the devil him/herself.


  20. Kevin says:

    Kevin, do you have any comprehension skills? Whether the 1% earned their money has nothing to do with this thread.

    Comment by mikey — December 5, 2006 @ 6:50 pm

    Of course it does. If you plan on taking money from people that earn it and give it to people that don’t (redistribution) that’s wrong. I don’t care how much money the person has.


  21. Tracy says:

    #7

    Just like Michael Dell and especially Mark Cuban.


  22. unbelievable says:

    So what. If the 1% earned it. so be it.
    Comment by Kevin — December 5, 2006 @ 6:37 pm

    So you think Paris Hilton earned her money? I don’t think her porn sales did quite that well…

    There aren’t enough hours in the day to work THAT much harder than anyone else.


  23. Bluedog49 says:

    Kevin, in 1983, Ronald Reagan presided over the largest tax increase in history. He and his friends doubled the social security taxes working people pay. The idea was to create a surplus for the baby boomers when they hit retirement. The same supply siders who came up with this scheme later started using this money to run government. Bush’s tax breaks to the wealthy transferred almost a trillion dollars of this money to the wealthiest among us. Are you going to sit there and argue that it was right and proper to divert a trillion dollars in working class taxes to the nation’s most wealthy? Krugman isn’t arguing that nobody should be wealthy. He’s arguing that the wealthy are looting the treasury which is filled with working class money. Man, wise up.


  24. Kevin says:

    No, he stole it from Steve Jobs.

    ::::

    Comment by andrew — December 5, 2006 @ 6:57 pm

    got proof?


  25. Kevin says:

    This will never change because the rich people of this country control everything, including elections. Without a virtual desruction of our monopolistics and capitalistic society we will not see any change.

    http://www.getsomejosh.com

    Comment by Josh P. — December 5, 2006 @ 6:58 pm

    If “rich people” control elections, do you really thing the dems would have won?


  26. SpudgeBoy says:

    Funny. Bill Gates didn’t get his first billion from his parents.

    Comment by Kevin — December 5, 2006 @ 6:56 pm

    No, but his parents did put him through college (he dropped out later), which got him the contacts, which lead to him being able to borrow $50, 000 to purchase what he leased to IBM as DOS.

    Since that time, Bill Gates has helped to push business where it is today. If you think that Bill Gates is somebody to strive to be, then why do you think he is trying to buy back his soul with the Bill and Melinda Gates Foundation. He now know how he has fu*ked the common man.


  27. Bluedog49 says:

    Kevin, $9 billion in taxpayer money went missing while under the control of civilian military contrators. Therefore $9 billion was “redistributed” to defense contractors with no oversight. Does this kind of redistribution of funds bother you, or is it only when we propose to tax the wealthy at a marginally higher rate?


  28. unbelievable says:

    I’m actually surprised FAUX invited him on the show in the first place. It’s like the Christonazis refusing to listen to Evolution in Science class.

    I actually had a student today tell me that he HATES Charels Darwin after I mentioned teh Darwin Martin HOuse designed by Frank Lloyd Wright. I said “Oh, you’ve met him?” Of course he had to say no… And I casually said “I’m not sure I understand how you can hate someone you don’t know.” Welcome to the South. Understandable why we have such a shortage of Science teachers…


  29. Mimir says:

    Krugman and Cavuto have sparred before.

    Cavuto must still be sore.


  30. SpudgeBoy says:

    No, he stole it from Steve Jobs.

    ::::

    Comment by andrew — December 5, 2006 @ 6:57 pm

    got proof?

    Comment by Kevin — December 5, 2006 @ 7:05 pm

    Just because you want to ignore reality doesn’t mean we need to prove it to you. Retard.


  31. unbelievable says:

    Just like Michael Dell and especially Mark Cuban.
    Comment by Tracy — December 5, 2006 @ 7:03 pm

    Notice gas prices lately? Still climbing… They are up 25 cents in my area in the last month. Should be back around the $3.00 mark again by February… as predicted by reality-based progressives.


  32. Bluedog49 says:

    We can always count on the biblethumpers to come and speak up for power. Poor power. Power needs good biblethumpers to speak for its interests. When the issue is the interests of working class people like Jesus over rulling class people like Pontius Pilot, today’s biblethumpers almost always take the side of the romans. Very strange.


  33. Republican Corporate Oil & War Machine Monopoly says:

    re:#2 The top %1 stole it

    So what. If the 1% earned it. so be it.

    Comment by Kevin — December 5, 2006 @ 6:37 pm

    BZZZZZZT! Wrong answer Kevin, try again. The top 1 percent didn’t “earn” their money. They stole it by violating anti trust laws, busting unions, outsourcing labor, falsely inflating prices, spending monies guaranteed to entitlement programs, war profiteering, stealing natural resources here and abroad, and the list of lies and corruption goes on…


  34. Kevin says:

    So what. If the 1% earned it. so be it.
    Comment by Kevin — December 5, 2006 @ 6:37 pm

    So you think Paris Hilton earned her money? I don’t think her porn sales did quite that well…

    There aren’t enough hours in the day to work THAT much harder than anyone else.

    Comment by unbelievable — December 5, 2006 @ 7:04 pm

    She did get her money from her family. I guess you are not leaving your kids anything. Giving it all to the State, are you?


  35. SpudgeBoy says:

    Tracy and Kevin,

    Who gives a flying fu*k about a couple of people who have earned some money in their lives. That is not whho we are discussing. We are talking about rich people that don’t work a day in their lives. People like George W Bush who are born into money and are given a free ride because they are nothing more than rich. Those are the one percenters. But, you two are too fu*king stupid to be able to contribute to a conversation anyways.

    Waste of time air and space you guys are.


  36. Wayne says:

    #21 — If you plan on taking money from people that earn it and give it to people that don’t (redistribution) that’s wrong. I don’t care how much money the person has. — kevin

    This statement proves you did not read or comprehend the story. It was about the disparity not “taking money” from the rich.
    Facts are facts and this thread proves “trickle down” economics does NOT work. The rich only get richer and they hoard, the poor and the middle class suffer.


  37. SpudgeBoy says:

    She did get her money from her family. I guess you are not leaving your kids anything. Giving it all to the State, are you?

    Comment by Kevin — December 5, 2006 @ 7:13 pm

    No, I am not leaving my kids anything, just like my parents aren’t leaving me anything. Because that is the way it should be.

    And you are a dumb fu*k to think it has to go to the state.

    I tell my parents “It is your money, you earned it, you spend it. Go on a trip, buy something shiny, give it away. I don’t want to be given money for doing nothing.”

    But, you are probably expecting your parents to leave you money aren’t you? Because you are part of the entitlement culture. You think you deserve something that isn’t yours. Assh*le.


  38. Kevin says:

    Notice gas prices lately? Still climbing… They are up 25 cents in my area in the last month. Should be back around the $3.00 mark again by February… as predicted by reality-based progressives.

    Comment by unbelievable — December 5, 2006 @ 7:10 pm

    Gas going up! It couldn’t have anything to do with the production cuts OPEC called for last month. It couldn’t possibly be the demand going up for heat oil. GWB must have pressed the button.

    And you folks think I ignore reality


  39. Wayne says:

    And you folks think I ignore reality
    — Kevin

    Every post you make proves it to us.
    Thanks for confirming again.


  40. jurassicpork says:

    Where did that stupid cocksucker Cavuto get his degree in econoimcs?


  41. rich says:

    NOT TO LONG AGO, IF YOU CALLED A PERSON A LIER YOU HAD A FIGHT ON YOUR HANDS OR MAYBE A KILLING. BUT TODAY WORDS MEAN APSOLUTLLY 0, NOTHING. THE END IS VERY CLOSE…..


  42. Bowdler says:

    To anyone who questions the importance of wealth stratification. I saw Robert Reich on TV this summer, so I’m a little vague on it now. Part of the gist of his speech was: That if wealth in a society becomes stratified and entrenched (ie no social mobility) the results were very bad. You wind up having a under class. Resentment and scapegoating occur. I think Reich gave a few historical examples, such as pre-WW2 Germany, and modern day middle east. If you look at the world through this angle, a graduated income tax and estate taxes make a lot of sense. … And Krugman is cool.


  43. unbelievable says:

    She did get her money from her family. I guess you are not leaving your kids anything. Giving it all to the State, are you?
    Comment by Kevin — December 5, 2006 @ 7:13 pm

    What kids? I have, and plan to have, no children.

    My niece will get my pitiance for education or a home.

    It won’t be enough for her to become famous for being famous however… because I choose to have a meaningful career over being unethically rich.


  44. unbelievable says:

    Waste of time air and space you guys are.
    Comment by SpudgeBoy — December 5, 2006 @ 7:15 pm

    Sugar-coated version :)


  45. SpudgeBoy says:

    Gas going up! It couldn’t have anything to do with the production cuts OPEC called for last month. It couldn’t possibly be the demand going up for heat oil. GWB must have pressed the button.

    And you folks think I ignore reality

    Comment by Kevin — December 5, 2006 @ 7:23 pm

    Dummy, the Saudis and OPEC have already stated that there is plenty of oil and that America isn’t processing it fast enough. So, what did Big Oil do last week, they closed down another refinery in Bakersfield.

    You are a puppet that is being used and you seem to enjoy it.

    What color is the sky in LA LA LAND?


  46. inverseroom says:

    Krugman’s right, but that graph is hugely misleading–it makes it look like the gap has nearly tripled in the past forty years. The graph should start at zero, not 100.


  47. Republican Corporate Oil & War Machine Monopoly says:

    re: 37 Trickle down break down

    “trickle down” economics does NOT work. The rich only get richer and they hoard, the poor and the middle class suffer.

    Comment by Wayne — December 5, 2006 @ 7:16 pm

    Exactly right Wayne. This is why the blood sucker rich pushed so hard for NAFTA and CAFTA. Ross Perot said back in 92 we’d hear this “enormous sucking sound”…the sound of American jobs being sucked out of the US. Trickle down sounds great in theory but when the rich are allowed to take their fat profits and outsource and circumvent paying Americans, they will. Call Dell tech support, you’ll get India. Call Microsoft tech support, you’ll reach China. The first order of business this new congress and senate needs to do is to tear NAFTA and CAFTA a new one and force these 1 percenters be held accountable. Its time to restore the middle class.


  48. Kevin says:

    Who gives a flying fu*k about a couple of people who have earned some money in their lives. That is not whho we are discussing. We are talking about rich people that don’t work a day in their lives. People like George W Bush who are born into money and are given a free ride because they are nothing more than rich. Those are the one percenters. But, you two are too fu*king stupid to be able to contribute to a conversation anyways.
    Comment by SpudgeBoy — December 5, 2006 @ 7:15 pm

    GWB gets a free ride. Do all politicians get the same free ride? What about Ted Kennedy? Do you give him a free ride? TP does not give him a free ride. Any of the mainstream press give him free ride?


  49. unbelievable says:

    Gas going up! It couldn’t have anything to do with the production cuts OPEC called for last month. It couldn’t possibly be the demand going up for heat oil.

    Nope. The demand was and is the same October 7th as November 7th, as December 7th. Not the right answer.

    GWB must have pressed the button.

    Nope – the Big Oil gluttons who wanted the neocons to remain in office.

    And you folks think I ignore reality
    Comment by Kevin — December 5, 2006 @ 7:23 pm

    Think? Nope, we know.


  50. Wayne says:

    Where did that stupid cocksucker Cavuto get his degree in econoimcs?
    — jurassicpork

    From the Raygun Voodoo School, of course =)


  51. andrew says:

    25:

    Back in the ’80’s, Jobs took advantage of the biggest blunder in business history, that being Xerox not seeing the value of Guided User Interface. Jobs obtained the knowledge legally and developed the Macintosh.

    Gates hacked together a cheaper, less stable, less efficient, less reliable, more overly complicated version and mongered it to every manufacturer in sight.

    In sum- all you have to do is look at the BS that is the Windows registry a travesty of human technological advancement.

    Oh yeah, revenge came for Jobs at many times over the years. Specifically, today, Gates is likely smacking himself in the head over his crappy Zune imposter to the Ipod.

    Call Gates whatever you want, just don’t call his money “earned.”

    :::::


  52. pethr says:

    I’d suggest everyone seeing Gini coeficient on wikipedia (http://en.wikipedia.org/wiki/Gini_coefficient#US_income_gini_coefficients_over_time) to learn more about inequaliy in U.S. over time. What it says is that U.S. is almost as unequal as it can get (comparing to developed countries!) but this situation didn’t get much worse in recent years. Please go read it!


  53. Bowdler says:

    I think the top tax rate during Eisenhower was 90%. Could anyone imagine that now?


  54. Tuber says:

    Top heavy wealth distribution always ends up collapsing economies. (why does Kevin hate America?)

    Then of course, exploitation of the producers (labor) always leads to upheaval and toppling of governments.

    More inconvenient truths.


  55. Briseadh na Faire says:

    One only needs to compare the chart with the Presidents to understand why the Ruling Class sponsors Conservatism. The two biggest jumps in their wealth as measured in the chart came under Reagan’s “trickle-down” economics and Bush’s War-Time Presidency.

    By their standards, the Bush Presidency has been successful beyond all dreams of avarice.


  56. Deborah White says:

    Krugman is spot-on correct, of course. The numbers tell the truth.

    Conservatives that I know either flatly deny these truths out of guilty self-delusion, or they take selfish survival-of-the fittest-and-luckiest glee in it.
    Either way, it stinks. It’s wrong and morally offensive.


  57. AshenShard says:

    In the eyes of this administration and the American Pravda, people like Krugman are their worse enemies. Why is this? Because they do the work and use facts and come to real conclusions rather than what the neocons want. Remember, knowledge and intellectuals are the worse enemies of any authoritarian power, that is why they are almost always the first to be attacked.


  58. unbelievable says:

    What about Ted Kennedy? Do you give him a free ride? TP does not give him a free ride.
    Comment by Kevin — December 5, 2006 @ 7:32 pm

    Nope. He earns his salary by trying to raise the minimum wage every year and then donating what he makes to charities.

    Name a Republican who does the same….


  59. unbelievable says:

    Time for The Daily Show re-run…

    Later…


  60. Tuber says:

    #49 Kevin,
    Ted Kennedy didn’t move to the south and adopt a phony accent so that he could fool all the moro…uh, intellectually challenged in order to get elected.

    Not a big fan of Kennedy’s, by the way.


  61. notKevin says:

    I’m surprised people here don’t recognize Kevin for what he is, an obvious troll.

    Trolls are uniformly narcissistic and suffer from varying degrees of sociopathy, usually a result of early childhood abuse by family members.

    While it is certainly proper to feel sympathy for such people, responding in any way to them merely enables and encourages their emotional deviance.


  62. ForTruth says:

    This evening “Class Wars” with Neil Prosciutto.

    You wish it happened a long time ago in a galaxy far far away. Its happening now.


  63. pgw says:

    i think it’s cute how cavuto carries water for people who wouldn’t pee on him if he was on fire


  64. Bowdler says:

    Wise point from the Gini Curve on Wiki:
    “Extreme egalitarianism leads to incentive-traps, free-riding, high operation costs and corruption in the redistribution system, all reducing a country’s growth potential. However, extreme inequality also diminishes growth potential by eroding social cohesion, and increasing social unrest and social conflict, causing uncertainty of property rights. Therefore, public policy should target an ‘efficient inequality range’.”


  65. Jeff says:

    This is why Democrats should not go on FOX.
    Just one of many reasons…
    Ho hum…


  66. pgl says:

    Wealth inequality is not the same as income inequality, but yes – both are rising.


  67. KRank says:

    All this fascinating troll-spin from kevin and the like aside, the trend of the wealthy owning more of the wealth than ever before is not healthy for our nation and economy.

    It’s not a “rich vs. poor” thing, it’s a TREND, and a disturbing one at that. This economy and this administration’s economic policies that the trolls defend so spastically is not even in balance. It’s not like the rich make money, the middle class makes less money, but their incomes all grow together. That would at least be sustainable.

    NO. The gains of the wealthy are FAR outstripping the gains of the middle class and poor. THAT is what is troubling. It’s not that the wealthy make more money (or that their money makes more money), it’s that the wealthy account for a greater percentage of per capita income that they did five years ago.



  68. theswan says:

    Kevin appears to be in the 1% catagory or maybe .5%? .2% where the money is mountain high?


  69. PatrioticLiberalChristian(PLC) says:

    Many people who are super rich have partially earned their money and deserve a very good income, but much of what passes for “reasonable” compensation is bogus obscenity. A CEO or founder of a successful company should make good money, but so should the laborers who work for him or her and have made it possible for the CEO or founder’s dream become reality. Too many of the top executives are being paid disproportionately to their contribution, in fact many of their salaries become destructive to the company. The secretary of that company who keeps the organization running smoothly probably contributes more benefit to the health of the company but is not paid in kind. The graph presented on this thread demonstrates this disparity.


  70. Republican Corporate Oil & War Machine Monopoly says:

    re #46 Artificially inflating oil prices; gouge consumers and set record breaking oil profits

    Dummy, the Saudis and OPEC have already stated that there is plenty of oil and that America isn’t processing it fast enough. So, what did Big Oil do last week, they closed down another refinery in Bakersfield.

    You are a puppet that is being used and you seem to enjoy it.

    What color is the sky in LA LA LAND?

    Comment by SpudgeBoy — December 5, 2006 @ 7:30 pm

    So true Spudge. Its all part of the big PNAC NeoCon Oil and War profit plan. Invade and occupy Iraq, block Iraqi oil production, sell lots of weapons, siphon billions from tax payers, and artifically inflate the cost of oil and gouge consumers. Its all going perfectly according to plan.

    What Is Happening To Iraqi Oil?

    Iraqi oil exports grind to a halt

    Exxon profits: Vying for a new record

    Bush’s Petro-Cartel Almost Has Iraq’s Oil

    “Even as Iraq verges on splintering into a sectarian civil war, four big oil companies are on the verge of locking up its massive, profitable reserves, known to everyone in the petroleum industry as “the prize.”


  71. Briseadh na Faire says:

    Ask yourselves, What social purpose to the Wealthy Class serve? Why is it necessary for man-unkind to heap such wealth upon so few individuals?

    Having Pharoes, Kings and Emperors is rooted in our psyche. Why? To what end?

    Theoretically, a Democracy could put an end to the wealthy class through progressive taxation. Yet two hundred years later and the gap is growing between the Wealthy Class and everybody else. Why do we elect representatives who cater to their interests and not our own?

    I began to answer these questions on this morning’s ThinkFast. Your thoughts are welcome.


  72. KRank says:

    I know this question depends on one’s acceptance of the data that Krugman presents, which could be difficult for Bush apologists, but let’s say, for the sake of argument, that the data is accurate and not “spun” in one particular direction.

    Given those circumstances, would those who’s battle cry is “they’ve earned it!” and “Class warfare against the rich” make the claim that these rich folks are MORE deserving now than they were five or ten years ago? That would seem to follow, right?


  73. Bowdler says:

    It may seem counterintuitive but it is in the top 1% interest to not have such a stratified wealth distribution.


  74. plankton says:

    Why do we elect representatives who cater to their interests and not our own?

    Comment by Briseadh na Faire — December 5, 2006 @

    It is because they were NOT elected both times is why.They were “wrangled” in by any means (voter fraud).


  75. elvisgoat says:

    Still not to late to enlist Kevin.


  76. Wayne says:

    Gates hacked together a cheaper, less stable, less efficient, less reliable, more overly complicated version and mongered it to every manufacturer in sight.— Andrew

    Yep, windows 1 was a big bust. It was not untill 3.1 that windows actually took off and computer manufacturers started using it. Then Micro$oft’s licensing forcing the manufacturers use only “sanctioned” programs lead to the monopoly microsoft has today.

    Windows still sucks eggs, compared to unix based OS’s. Mac os x for example.

    If you are running a windows based server, you are stupid. Because of the flaws, it is too easy to hack.


  77. Briseadh na Faire says:


    It may seem counterintuitive but it is in the top 1% interest to not have such a stratified wealth distribution.

    Comment by Bowdler — December 5, 2006 @ 8:15 pm

    You’re right on the money, to coin a phrase.

    Historically, when the imbalance becomes too great, there is a revolution. Think France, circa late 1700’s for a recent example.


  78. unbelievable says:

    Why do we elect representatives who cater to their interests and not our own?
    Comment by Briseadh na Faire — December 5, 2006 @ 8:09 pm

    I think it’s probably not a simple answer.

    In part – “Patriarchy”. Male-dominant cultures need for someone to be at the top of the ladder and others to be below. In order to have a patriarchal hierarchy – you have to put people in tiers… It’s how hierarchies work. King of the Mountain mentality.

    Give women equal rights and a lot of this will go away.

    History has shown that men who wanted to be at the top of the ladder created religions to make women sub-servient so that they could create their heirarchies in which they could be the Alpha Males, and therefore have access to more women with whom they could sow their seeds.

    Despite what the trolls may say to the contrary, in general, I prefer the company of men over most women, so therefore I do not hate men. But, certain males (like the neocons) we would be better off without. I call them the Super Alphas. Men who want to dominate other Alpha males, because they need to compensate for small weiners or repressed homosexuality.


  79. unbelievable says:

    If you are running a windows based server, you are stupid. Because of the flaws, it is too easy to hack.
    Comment by Wayne — December 5, 2006 @ 8:43 pm

    I’ve decided that my next computer will be a mac. When they fixed it to run PC software, they made it impossible to every buy another PC again.


  80. altered evidence says:

    (neocons) we would be better off without. I call them the Super Alphas. Men who want to dominate other Alpha males, because they need to compensate for small weiners or repressed homosexuality.

    Comment by unbelievable — December 5, 2006 @ 8:49 pm

    Then they buy a red Corvette :)


  81. Briseadh na Faire says:

    Unbelievable, check out the book “Up from Eden.” The author does a good job describing the psychological development of humans in relation to religion and spirituality.


  82. pluege says:

    it is anti-intuitive that any person’s value to a company is worth more than 500 times that of another person in the same company. Applicable axiom: no one is irreplacable.

    And for those without intuition or common sense, its also immoral.

    And for those without morals (including all of our wonderful members of the cult of republicanism), its bad economics – distributed wealth is a far greater economic engine than concentrated wealth.
    .


  83. unbelievable says:

    Then they buy a red Corvette :)
    Comment by altered evidence — December 5, 2006 @ 9:00 pm

    Or a fleet of military humvees, as in Cheney and Bush’s case… sadly.


  84. unbelievable says:

    Unbelievable, check out the book “Up from Eden.” The author does a good job describing the psychological development of humans in relation to religion and spirituality.
    Comment by Briseadh na Faire — December 5, 2006 @ 9:00 pm

    “Natural Atheism” author, a cultural athropologist, does a similar explanation. He talks about how we’ve evolved such large brains that we have to be born before they fully develop, and therefore the first 6 years of our lives, while our brains are still building neural pathways, we are cultural indoctrinated so that the things we are taught become a part of that physical process.

    He talked about how religion fits into that system and that once people are taught that a specific god is the truth, it becomes extremely difficult to see the world in different ways.

    So, those of us who have cast off our birth religions have truly done something few people are capable of doing… Overriding our physical neurology.

    Pretty cool.


  85. WaltTheMan says:

    #52 – andrew,
    Actually, Gates lifted the registry from OS/2 Release 1.0 which he initially “partnered” in development with IBM. He lifted the code, changed all the API vectors and used it as the basis for NT. What he did not realize was that IBM had a 32 bit version of the code in the works. He popped out the Office Suite which was written entirely in Basic at the time using MS APIs and staved off IBM for 7 years until he was able to come up with an equivalent 32 bit GUI OS. Once there, he pushed prices over the wall.
    By the by, I believe that GUI stands for ‘Graphics User Interface’ in computerese. ‘Guided User Interface’ refers to TV remotes.


  86. Bob King Neverland III says:

    Wow, I think ch ch ch Krugman coulda been a Seinfeld character. “No soup for you!” (?)


  87. caveman cavuto says:

    maybe “Neil the Caveman Cavuto” can get a job after Fox News drys up as an “instigating” manager in professional wrestling.

    you know,the kind of guy you just love to hate.



  88. WaltTheMan says:

    #86 – unbelievable,
    You are right about the base principle, but the 6 year figure is a mean. The range is from 4 to 9. The 4s are prodigys, the 9’s are left behind (unjustly).


  89. Bowdler says:

    Here is something fascinating I realized: According to antrhopolgists mankind walked out of the woods, and basically turned from an animal to man, 10,000 years ago, shortly after the last ice-age. It was heralded by such developments as: farming, language, specialized work, and a form of government. If you assume a new generation every 20 years that would mean only 500 iterations since we walked out of the woods. Hardly a blink of an eye in evolutionary terms. So we are just 500 generations removed from oblivion. What this means – I don’t know. But I stil find it fascinating.


  90. God is a Nihilist says:

    81- You could just try Ubuntu, but it could take you time to get used, but it’s free and can run on any system with out flaws. In all, it’s a money saver. They have a live cd you can try, meaning you can just boot the os from the cd.


  91. not gate`s friend says:

    try Mac OSX 86 for windows.

    pretty stable.


  92. prostratedragon says:

    17., the alleged democrat:

    Want to know who Economic Policy Institute is? You could squander time on google, or you could just try http://www.epi.org in your location box and see what you get:
    EPI Homepage.

    If you go there and read their “About” page, you’ll find that, actually, Faux is behind EPI. Jeff Faux, that is, who was their first president; the organization was founded in 1986 to provide a venue for discussing issues that are important to middle- and lower-income Americans.

    You can get the raw data at the site, and papers explaining how they make their calculations, and other information that can be used for your own stuff or just to check up on what others have done with their data. (For what it’s worth, I too think the graph shown above should be drawn to reflect the true time relationship of the data.)


  93. delahunt says:

    Here is something fascinating I realized: According to antrhopolgists mankind walked out of the woods, and basically turned from an animal to man, 10,000 years ago, shortly after the last ice-age. It was heralded by such developments as: farming, language, specialized work, and a form of government. If you assume a new generation every 20 years that would mean only 500 iterations since we walked out of the woods. Hardly a blink of an eye in evolutionary terms. So we are just 500 generations removed from oblivion. What this means – I don’t know. But I stil find it fascinating.

    Comment by Bowdler — December 5, 2006 @ 9:36 pm

    It means the Bush`s are atypical to mankind with just 3 generations removed from oblivion.


  94. Bowdler says:

    I just realized how the 500 generation thing I mentioned earlier pertains. Maybe such things as religion and having a super-rich king class are remnants from our pre-man past. Thats could be why they are so hard for mankind to shake in spite of their nefarious influence.


  95. Juan C says:

    I began to answer these questions on this morning’s ThinkFast. Your thoughts are welcome.
    Comment by Briseadh na Faire

    You just nailed it. This economic system is unsustainable. Period.

    Look at III World countries: millions of poor people struggling each day to put some food in the table and about 10 families that own the strategic industries of the country and a fast-decreasing middleclass. Neoliberalism is just that: accumulation of wealth by the rich out of the sweat of poor people working. Surplus in its brightest edition. Now, the big problem is that the remaining middle class does not form alliances with the working poor class in order to put down the rich, they wish to be like the ruling class: new, fancy cars, exotic food and drink, good clothing, big houses, and all the mind-numbing products the media sell us in order to feel better with our own insecurities.


  96. winnipooh says:

    97

    Ok ok,I was wrong.

    Yes the graph is wrong in my view as well.

    Thanks for your help and insight.


  97. chimpeach says:

    Let’s put this in terms Kevin can understand. If the U.S. economy worked like a game of Monopoly, you could say it was fair and that everybody got what they deserved. What you end up with would be determined by the roll of the dice and what you do with your money.

    The U.S. economy is more like a Monopoly game where the player with the most money gets to rewrite the rules any way that he likes. And that means the player with the most money will always be the player with the most money, because he’s going to change the rules to make damn sure that it stays that way. Hard work means nothing. The people with the most money didn’t get that way with hard work. They got that way by gaming the system. The further ahead they get, the more they game the system, the more they rewrite tax laws, the more they buy politicians, the more they just flat out cheat, and the less they ever have to worry about getting caught or paying the consequences.

    That’s the reality of it, Kevin. If you really believe this game is played on the up and up, you’re delusional.


  98. WaltTheMan says:

    #93 – Bowdler,
    Homo Sapiens arose about 30,000 years ago. At that point a genetic switch had turned on that allowed spoken language. This same gene exists in chimps, toothed whales and humpback whales (maybe other species). It took our species about another 20,000 years to translate pictographs (scenes of the hunt and the like) into recorded language. These earliest efforts were directed towards commerce and agriculture. Story telling and historic records came about 8000 years ago. I recognize this final time mark as the beginning of the age of technology. From then on, word of mouth was not the only means of information transfer.


  99. prostratedragon says:

    Fair enough, winnie.
    I must be spending too much time on line.


  100. Juan C says:

    Homo Sapiens arose about 30,000 years ago.
    Comment by WaltTheMan

    There were sea currents feeding the West Coast of Africa that were shut once South America joined North America in what is now Panama. Once these sea currents were missing, climate changed in some parts of Africa, where trees dried and savannah arose. Some apes living there didnt have enough trees to climb, so thats when they decided to step foot on the ground in order to hunt.
    And we all know what that idea turned into.


  101. Briseadh na Faire says:

    106 – so…you’re saying the mess in Iraq is all Panama’s fault?

    :-)


  102. ForTruth says:

    I saw a show about genetic “switches”. Like software code written in nuclotides. The folks who think aliens put us here would have a lot so say about this DNA code stuff, right poeple?


  103. Bowdler says:

    Juan that reminds me of a couple of years ago when I was debating religion with a christian lady I worked with. She said: “God created the world in 7 days. I think that is beautiful.” I said “But think of what really happened. That is far more beautiful.” Just think an encroaching savanah, the result of a land mass ballet, leading to the rise of man.


  104. Zooey says:

    Damned continental shift…


  105. Marie says:

    And Cavuto has credentials in economics? Or is he simply a Fox puppet who gets his talking points from his bosses?
    Fool. Stupid, ignorant fool.


  106. Sharon Cox says:

    Good Post’s all, note you’re #80 Unbelievable is right on…

    Gas way up here in Wash. State as well and so is propane…Knew it would happen no matter who won or lost in the last election…The oil giant’s are raping the public and polluting our country and we are paying for the clean up…They have no intention to change untill they are forced to..48 billion profit a quarter is their aim untill the oil is gone, or the planet distroyed.

    Corprate america is soon going to colapse….All our coffers and entitlement program’s have been raided by the wealthiests greed. The public is nervious, divided and over stimulated by both sides of fighting polaticians….Everything is turning into holy war’s, here and over there. The there being where ever bull shit bush and his merry bunch of war mongers decide where there is, Iraq,Iran, Syria on and on….

    Individule enlightment, peace, power and returning our culture to quality and fairness in the work place is going to be a tough struggle..We must take back the people power and right our system of government….The huge corporation’s will have to be held accountable and their will over our polatician’s stopped in order to get back on track…Since I am now in the group of the poor, I know for a fact the gap in rich and poor is huge….Our little food bank where I volenteer has added another 25 famalies since Thank’s giving…Our Christmas basket count is now going to be 279….Last year it was 152…….The war casualty was 2,908 this morning…..No more war time president’s please, they create them and never intend to stop them. Relegion and war’s are big business….Blessings


  107. Al says:

    OMG, Faux News isn’t even bright enough to get rid of that piece of shit Neil Cavuto, lmao!


  108. JPark says:

    #2 You moron, the top 1% have earned nothing but interest. They have done NOTHING for this country.


  109. JPark says:

    And Shaq got rich in College (I love Matt and Trey, even if they aren’t liberal).


  110. RUCerious says:

    Earth to Cavuto ~ Go F*ck Yourself!


  111. WaltTheMan says:

    #106 – Juan C,
    You are talking about time on a the geological scale. The continents were pretty well split apart on a billion year ago basis. Mankind came about 5-6 million years ago. The non-gutteral speech gene arose about 30 thousand years ago in several diverse mamalian species. Some studies indicate that it was due due a viral infection. Viruses work by inserting their DNA into existing DNA and may well be the driving force behind evolution. In some cases, mass extinctions occur and posthaste and then there is an evolutionary bloom as a successful insertion point is found.


  112. Wayne says:

    To Bill Gates’ credit. At least he is using much of his ill gotten gains, that he got through monopolistic practices, to help the unfortunate. Like the force, Gates has both a dark side and a bright side.
    —- CaptainVideo

    That is true. He has done alot of good.
    But the corporate side of M$soft is the evil borg. =D


  113. Wayne says:

    It is absolutely insane of Microsoft to think anybody, except a few rich folks are gonna put out the money for a rig like mine. — Spudge_Boy

    Buy a full version of XP and you spent almost half of what building a computer would cost.
    Linux is a free download. Burn the images to disc and boot the beast up =)


  114. JPark says:

    #124 And embedded programming. Like I want their throwaway crap.


  115. WaltTheMan says:

    #123 – Wayne,
    Has Linux captured the MS API yet? The last time I tried, half my aps were fried. In my current set-up, I have a $1000 hardware investment and a $2500 investment in software (Some of which has slipped into the obsolete bucket.). In the original IBM business model, it was supposed to be two thirds hardware and one third software. Gates has flipped the equation. On top of that, if you scrap your hardware, you are not allowed to migrate the software. That is akin to having one burn all ones books when moving from New York to New Jersey.


  116. Zooey says:

    Oy. Technical stuff.

    Goodnight!


  117. Wayne says:

    Has Linux captured the MS API yet? —- WaltTheMan

    The WINE project has done real good so far. I can run Everquest on Linux with it =)

    Not everything ( program wise ) works on it. All the windows apps that come XP, 2000, 98 with run though.


  118. Bluestocking says:

    There was also apparently a very good article in the Wall Street Journal on November 15 about this same issue — written, as it happens, by none other than James Webb, Virginia’s Democratic senator-elect. Even my uncle — a staunch conservative — agreed that a lot of what Webb wrote made sense.

    It certainly says something when the top 1% wealthiest people in this country reportedly take in 16% of the national income (twice as much as in 1980) — and when today’s CEOs reportedly make 400 times what their average employees make, when they were only making 20 times as much in the 1960’s.


  119. Mr. Evil says:

    This is what neocon republicans do to come up with their arguments against the truth. First, they go out and have a bowl of hot, spicy chili. Then they have some old, E Coli laced, Taco Bell and finish that off with some baked beans. Then to top it all off, some ice cream. This is the production process of someone like Neil Cavuto. After a meal like this one obviously has to go to the bathroom and have a voluminous release. After relieving his colon of this immense pressure he then reaches for the toilet paper (the crummy, sandpaper like tissue that cheap bastards like him always use, not something relatively pleasant like Angel Soft or Quilted Northern) and wipes away at his now chapped ass and then looks at it as if to be examining a psychiatrist’s blotter test. Then he just flushes it away just like he always does when confronted with the truth. Because everyone knows that neocon republicans can’t read shit anyway.


  120. Wayne says:

    It certainly says something when the top 1% wealthiest people in this country reportedly take in 16% of the national income (twice as much as in 1980) — and when today’s CEOs reportedly make 400 times what their average employees make, when they were only making 20 times as much in the 1960’s.
    —— Bluestocking

    It is greed, pure and simple. They are Fleecing Americans at the workplace as well as at the gas pumps and marketplaces.

    Throw credit cards and their outragious interest rates as well as estimates of over 50% of Americans are in hock to their ears to credit card companies and banks. You then start to see through the illision of the republican touted “good economy”.

    To them the economy is good when they are stealing America Blind.


  121. Mr. Evil says:

    Yeah, to bloated, gas bags like Neil Cavuto, the economy’s never been better.


  122. Mr. Evil says:

    #132 spinster: Thanx, I have my days.


  123. Juan C says:

    # 121 Comment by WaltTheMan
    I really didnt understand too much about your post. Its well beyond me. But as far as I know, Homo Sapiens appeared around a million years ago, and thats pretty obscure. Nobody knows for sure. I read this wonderful, incredible book who tells pretty much that story. I have to read it again, I guess.

    106 – so…you’re saying the mess in Iraq is all Panama’s fault?
    :-)
    Comment by Briseadh na Faire

    Could you ever imagine that? :)

    Not everything ( program wise ) works on it. All the windows apps that come XP, 2000, 98 with run though.
    Comment by Wayne

    Linux is the best operative system to watch porn. Viruses arent meant for Linux users, but for Windows. Ive been told. :P

    #131
    Comment by Mr. Evil

    Its really late in the night, and Im laughing so hard now!


  124. WaltTheMan says:

    #136 – Juan C,
    The trail of human development is extremely long. The current line, Homo Sapiens, came out of tropical Africa about 30,000 years ago. Homo Erectus (a pseudo classification) came and went starting about 6 million years ago. There were many false starts. It seems that between 4.5 and 3 million years ago, the human species took hold. There were many stages with the first non-deminutive individuals arising about three quarters of a million years ago.
    On another issue, Juan, who needs a computer for porn? You can certainly find far better gratification around Mexico City for far fewer pesos.


  125. Juan C says:

    There were many stages with the first non-deminutive individuals arising about three quarters of a million years ago.
    Comment by WaltTheMan

    Can you recommend me a readable book about the issue?

    On another issue, Juan, who needs a computer for porn? You can certainly find far better gratification around Mexico City for far fewer pesos.

    Define far better. :)


  126. criticalthinker says:

    Re: Windows Bashing

    I will bet all the people who critisize Windows and Bill Gates, do not write business software for a living!

    Well I have written business software for over 25 years, and Windows is the best operating system for writing custom business applications ever and nothing else comes close!

    For those who says Bill Gates did not innovate, you OBVIOUSLY do not know what DDE, OLE Automation, or the Win32 API is and why those are the business application programmers’s god send, for which no other operating system has equivalents.

    I remember the days before the Windows “device driver model” when I had to write separate printer drivers for every model printer I wanted my software to be able to print on!

    I remember the days before OLE Automation when I had to write my own spell checking routines, write my own graphic editting routines, write my own calculation routines, and write my own HTML parsing routines, but know I can use Word, Paint, Excel, and IE to do all those things on my behalf of my applications!

    For those who deny Bill Gates and Microsoft’s innovation, and talk about how much better the Linux and Mac operating systems are, lets see you write business applications that have to do the above tasks, and then come back and tell me how much “better” your experience is!


  127. doobie tuesday says:

    Barbara: OK, we all have these terrible stories to get over, and you—

    George: It’s not true. Some have great stories, pretty stories that take place at lakes with boats and friends and noodle salad. Just no one in this family

    Barbara: But, a lot of people, that’s their story. Good times, noodle salad. What makes it so hard is not that you had it bad, but that you’re that pissed that so many others had it good.


  128. doobie tuesday says:

    Network Executive: “For God’s sake, Chris! The whole world is watching. We can’t let them die in front of a live audience!”


  129. brain enema says:

    This Is Why The Iraqis Hate Us
    Another beating snuff video shames coalition of the killing, You Tube censors it

    Paul Joseph Watson
    Prison Planet
    Friday, November 17, 2006

    British troops punch, beat and kick pleading Iraqi children as a sadistic comrade films the brutal scenes of torture, laughing, screaming, growling and frothing like a serial killer filming a snuff movie. This is why the Iraqis hate us.

    Iraqi children throw rocks as they flee from running British troops, are grabbed, brought inside a gate and beaten half to death. Watch the video below. The censorship spies at You Tube rejected it 2 minutes after upload so I re-named it “Fluffy Happy Poodles In Heaven,” to try and bypass their keyword filters and it was still rejected. I even renamed the actual ‘wmv’ filename but it was still blocked for “terms of use violation.” I finally managed to get it posted on Google Video. If it disappears again, here’s the Windows Media link on our server.

    November 19th: Google removed the video too! So here’s an old copy the censors at You Tube missed.

    They keep killing this guys video so here is the link

    http://prisonplanet.com/video/171106beating.wmv

    share it with all you know.burn it to cd pass them out.it will diappear for good soon I fear.

    get it while it lives,as a policy changer.

    Comment by prison boots — December 6, 2006 @ 5:48 am


  130. The Mahablog » How to Argue Like a Rightie says:

    [...] It’s easy to argue like a rightie, since you don’t have to know what you’re talking about. Just keep shoveling baseless smears and insults, like calling person with whom you disagree a liar. And let the facts be damned. [...]


  131. Karl Marx says:

    From each according to his means. To each according to his needs. Wait a minute – we tried that. Never mind.


  132. bye bye GOP says:

    Cavuto must think Greenspan is a liar as well, since he has been warning how the inequality in American might very well undermine democracy itself.


  133. Rajeev Vashisht says:

    Well I think outsourceing and offshoring are playing some role and cost cutting, unemployment generation and poverty accentuation.

    http://www.tekno-world.blogspot.com


  134. Rajeev Vashisht says:

    Well I think outsourceing and offshoring are playing some role and cost cutting, unemployment generation and poverty accentuation.

    http://www.tekno-world.blogspot.com


  135. Rajeev Vashisht says:

    I think offshoring and outspourcing played traunt.

    http://www.tekno-world.blogspot.com


  136. chimpeach says:

    #139 criticalthinker

    For those who deny Bill Gates and Microsoft’s innovation, and talk about how much better the Linux and Mac operating systems are, lets see you write business applications that have to do the above tasks, and then come back and tell me how much “better” your experience is!

    Since Microsoft established a monopoly, they were able to make it far more difficult for people to write business software for other operating systems. That’s the problem. Microsoft doesn’t like to have to compete. They like to force people to use their products. It’s not that MS is all bad. It’s just that they try so hard to make it impossible for you to pick and choose and maybe try somebody else’s software. With the various brands of Unix, the OS vendors don’t insist that you buy only their brand of application software. Sun, HP, and IBM all make it possible for application vendors to write code that works with their OS. They work together on patches to help make the applications work and to keep them from breaking other apps. With Windows, you can install an app and watch it break the other apps on your machine, and MS doesn’t see it as their problem.

    I’ve always been amazed at the managers who will put in all Windows servers and then put up with the lousy performance, lousy security, and lousy support they get for their critical business apps. I’ve seen companies experience daily Windows server problems where the support they got from Microsoft consisted of being told to reboot the servers every day. MS didn’t offer a fix, they just offered a way to make the failures go away temporarily. And managers put up with it, because their CYA is to say that they’re doing exactly what MS told them to do, as if it’s just the way things have to be.

    In the meantime, I’ve got Unix and Linux servers that would go without rebooting for years if it weren’t for the occasional OS upgrade. In fact, I’ve got some Linux boxes that have been running for well over a year without having been rebooted. No blue screens. No memory leaks. Just solid performance.

    What difference does it make that you can write great business apps for Windows if the business that uses them is suffering from server outages and security holes?


  137. SL Aronovitz says:

    It’s time for the MAXIMUM wage! Let’s say $1 million a year. If that person somehow cannot manage on that amount of money, then they should be offered the same options they propose for those laboring at minumim wages who cannot make ends meet.

    If $1 million per annum isn’t enough to live on, then perhaps one should get another job to make up the difference, or learn to live within his or her means.


  138. New Yorker says:

    When did Cavuto get a Ph.D, in Economics? This is the same asshole who was ranting about the movie “Happy Feet”. He needs to be smacked over the head and sent back to his cave.


  139. WaltTheMan says:

    #138 – Juan C,
    Every Tuesday, the New York Times carries a Science section. Every once in a while, they cover Human evolution and development as a topic. That is where I pick up on the topic most of the time. I do not know of a current book on the subject as the Human Genome Project is starting to fill out the canvas. Some time in November, there was an extensive article. There was also an article on the location of DNA fragments from Neanderthal man in Homo Sapiens today. Some of these fragments were in monoclonal DNA which would indicate that females were involved.


  140. henry56 says:

    On Fox news being charged with lying is a badge of honor.


  141. pnac says:

    Richest tenth own 85% of world’s assets
    http://www.timesonline.co.uk/article/0,,11069-2488836,00.html

    Here’s an idea. Let’s give ‘em more and more and more and they’ll perhaps burst and the trickle down effect will actually work.


  142. Bluestocking says:

    From each according to his means. To each according to his needs. Wait a minute – we tried that. Never mind. — Karl Marx

    *********************

    Actually, that’s not quite true. That’s what several countries have claimed to have tried, but the truth is that the people who hold power in these countries — just as in other countries with other forms of government — twisted and corrupted that principle to benefit themselves at the expense of others. The fact is most theoretical models of government including communism would probably function reasonably successfully were it not for one persistent and seemingly inescapable fly in the ointment — human nature, particularly the tendency towards justification and rationalization of one’s own unethical actions in the single-minded pursuit of self-interest. (If you don’t believe me, take a class in social psychology sometime — there are many studies demonstrating that human beings are nowhere nearly as ethical, trustworthy, or even civilized as we’d like to believe). You see this time and time again, and not just within dictatorships but also within governments which permit and even encourage a great deal of freedom — it’s so pervasive that corruption in politics seems virtually inevitable. To my way of thinking, one of the truest axioms about politics is the famous quote by Lord Acton that “power tends to corrupt, and absolute power corrupts absolutely” — in fact, I’m inclined to agree with the late Douglas Adams that those people who are most eager to rule people should on no account be allowed to do the job.


  143. DallasNE says:

    Take a second look at that chart.

    It shows clearly that the pace of the imbalance slows markedly when Democrats are in control and surges markedly when Republicans are in control.

    Another thing that makes matters worse is population growth. 1% in 2006 is 50% more people than in 1962. This means that the concentration of wealth is even more pronounced than what the chart indicates because of delution of the base 1%. 1% of the 1962 based should be compare to .67% of the 2006 base for statistical comparison purposes.


  144. kevkev says:

    Brother, Can You Spare a Dime?
    They used to tell me I was building a dream
    And so I followed the mob.
    When there was earth to plow or guns to bear,
    I was always there, right on the job.
    They used to tell me I was building a dream
    With peace and glory ahead —
    Why should I be standing in line, just waiting for bread?
    Once I built a railroad, I made it run,
    Made it race against time.
    Once I built a railroad, now it’s done —
    Brother, can you spare a dime?
    Once I built a tower, up to the sun,
    brick and rivet and lime.
    Once I built a tower, now it’s done —
    Brother, can you spare a dime?
    Once in khaki suits, gee, we looked swell
    Full of that Yankee Doodle-de-dum.
    Half a million boots went slogging through hell,
    And I was the kid with the drum.
    Say, don’t you remember they called me Al,
    It was Al all the time.
    Why don’t you remember, I’m your pal —
    Say, buddy, can you spare a dime?
    Once in khaki suits, ah, gee, we looked swell
    Full of that Yankee Doodle-de-dum.
    Half a million boots went slogging through hell,
    And I was the kid with the drum.
    Say, don’t you remember they called me Al,
    It was Al all the time.
    Why don’t you remember, I’m your pal —
    Buddy, can you spare a dime?


  145. tom baker says:

    That goddamned little Cavuto needs to be beaten up. To think there are a bunch of halfwit, mouth-breathing, knuckle-draggers out there that would listen to his parsimonious and effeminate lies and believe them, vs. the word of a world-class economist and likely Nobel candidate…..if Cavuto were a lefty, someone prominent would already have started the hatemail campaign and published his home address, while obliquely suggesting that someone “do something about this guy”….


  146. Jericho says:

    Suuuure, and the Devil has every right of claiming God to be evil.


  147. circusfifthfloor says:

    Dear Unbelievable, I enjoy alot of your posts, and it is UNBELIEVABLE what I come up against here in SC. And I’m a southern boy. I’ve always said that the thought processing here was akind to a 3 inch pecker. It may work around here, but you can’t take it on the road….


  148. kris says:

    Re “earning” vs being born into wealth:
    Both are wrong. Why should *anybody* make 190 times what someone else does??? Isn’t twice as much enough? Three times? What number would you settle on if you had to assign salaries to yourself and your neighbor?


  149. Gregor Samsa says:

    you don’t have to be snide. You have to be factual.

    It would be nice if the FauxNews crew followed their own advice. Specially after accusing someone of lying without providing as much as a shred of evidence. Just their word. And we all know how much Cavuto’s word is worth.


  150. criticalthinker says:

    Re#149 chimpeach

    My business like MILLIONS of other businesses can and do use Windows without security holes and our systems going down, because we take the time to PROPERLY SECURE and CONFIGURE our Windows environments!

    Because Windows has to work for both technical and non-technical users, its DEFAULT mode is not SECURE, but can be made secure, because I have NEVER suffered from a virus, trojan, worm, root kit infection nor the need to “reboot” my computer constantly ever since Windows NT came out!

    I have used IBM MVS, IBM VM, Mac OS, Solaris, and many other flavors of UNIX and if they are not PROPERLY SECURED and CONFIGURED they can and are exposed to security exploits also.

    People buy computers for the APPLICATIONS they run, and not OPERATING SYSTEMS and that is why Windows owns 90% of the market and will continue to do so for may years in the future.

    If you wrote software for a living like myself, you would understand why Unix and Linux are good for server applications, but bad for the MILLIONS of client applications running in businesses, because of the lack of DDE, OLE Automation, and the Win32 API.

    Did Bill Gates play rough with Microsoft’s monopoly position, yes!

    Did Bill Gates and Microsoft’s revolutionize and innovate business application programming, yes!

    I just take exception to people bashing “Windows” as not being SECURE, when the problem is that they do not know enough about Windows to SECURE their machines, and bitch about it instead of going to Microsoft’s developer website and learning HOW to SECURE their machines!


  151. The Smirking Cynic 2.0 » Blog Archive » What Conservatives Are Doing To This Country says:

    [...] Recently Fox News’ Neil Cavuto told the New York Times’ Paul Krugman that he was “lying to people” about the very real and growing economic disparity between poor/middle-class and the rich. Neil Cavuto, in case his network wasn’t an indication, is an ultra-right conservative who is, like his comrades, monumentally dishonest and deceitful and this particular exchange serves to illustrate this quite well. CAVUTO: Here’s what I’m saying that you’re doing: You are lying to people. That’s what I think that you’re doing. [...]


  152. WaltTheMan says:

    #163 – criticalthinker,
    Secure? Microsoft Security Advisory #929433 was issued today describing a vulnerability in all of its supported versions of Works and Word products. The only defense is to exercise care in bringing document files into your network. There is no real defense against a maverick bringing in a subversive file beyond having everyone enter the data center naked after a full body cavity search, including a purgative and enema. I am sure that the ACLU would have a field day if any firm tried that.


  153. Tracy says:

    #36

    “We are talking about rich people that don’t work a day in their lives.”

    Oh, I totally agree kinda like the biggest free loader of them all…John Kerry. LOL!


  154. CL- Oregon Girl says:

    winniethe pooh said,
    “Economic Policy Institute

    Who?

    Never heard of them.”

    Your name says it all, you ARE an ignoramous. ‘EPI is a nonprofit, nonpartisan think tank that seeks to broaden the public debate about strategies to achieve a prosperous and fair economy.’ http://www.epinet.org/

    Go Educate yourself…..


  155. Tracy says:

    #38

    “No, I am not leaving my kids anything, just like my parents aren’t leaving me anything. Because that is the way it should be.”

    According to who? You? You’re nobody.

    “Because you are part of the entitlement culture.”

    There is a big difference between a family member giving you money than the government confiscating it, i.e. stealing it and giving it to others as THEY see fit.


  156. criticalthinker says:

    re#165 WaltTheMan

    I repeat, if you do not write computer programs for a living, you DO NOT understand how to SECURE a Windows System!

    I DO NOT HAVE TO WORRY ABOUT THIS ADVISORY BECAUSE:

    1. Word Basic, Macros, Templates, and all EXECUTABLE options are turned OFF, for ALL MY USERS and they can only be turned on for documents that are entered via our LOCAL NETWORK and only if the EXECUTABLE code is deemed SAFE and the USER has a NEED to make a “data file” behave like an “executable file”.

    2. ALL MY USERS run under restricted accounts and cannot install programs nor can they access FOLDERS for which they do not have explicit permissions.

    3. ALL MY WEB SERVERS run under restricted accounts and cannot install programs nor can they access FOLDERS for which they do not have explicit permissions.

    4. MY DATABASE SERVERS are NEVER on the same machine as MY WEB SERVERS, and all data access requests are made through private SOCKET connections between DATABASE SERVERS and WEB SERVERS.

    5. And many other “secret” things I do to MAKE MY MACHINES SECURE, including detecting the “stack and buffer overflows”, that all these exploits rely on!

    “Professional programmers such as myself who rely on Windows to run our businesses, know how to turn the UNSECURE out of the box Windows into a SECURE operating system, even if “amatuers” can’t!


  157. Karim says:

    If a rich person tells you that s/he made his/her way through life thanks to hard work, be sure to ask him/her, “whose?” Cavuto is about as clueless as they come.


  158. Tracy says:

    #32

    Up $0.25 in one month?! The the area you live must be price gouging beause here in the Dallas area the are up $0.09 from one month ago and they are up about $0.11 nationally.



  159. steve says:

    Of course it does. If you plan on taking money from people that earn it and give it to people that don’t (redistribution) that’s wrong. I don’t care how much money the person has.

    Comment by Kevin — December 5, 2006 @ 7:01 pm

    So shutting down tax loopholes, corporate bailouts, offshore accounts and other ways of cheating the system is better for the economy and morally right? Instead of giving more tax credits and incentives to businesses and poeple that help the environment, middle class families, working parents, parents of disabled children, mental health workers, nurses, policemen, etc. (the people that keep our society together) you would rather reward people who find ways around the system than those that can’t afford expensive tax lawyers to look for every loophole in the law.

    I’m embarassed for you.


  160. Tracy says:

    #59

    If he gives his congressional salary to charity, what money does he use to maintain his lavish lifestyle? He’s not a poor man by any stretch.


  161. Tracy says:

    #80

    “Men who want to dominate other Alpha males, because they need to compensate for small weiners or repressed homosexuality.”

    Now how would you know about their genitals unless you have been down there on a few of them?


  162. Tracy says:

    #86

    With no net gain to show for it? Sad.



  163. Bluedog49 says:

    A couple of years ago, Greenspan suggested that adjustable rate mortgages were a great idea. At the same time, Paul Krugman wrote an article that said he didn’t know what Greenspan was talking about, but he was getting a fixed. Krugman suggested anyone in his position owning a home get a fixed. I hope every conservative with an ajustible mortgage remembers next year who was lying to them and who was telling the truth. It’s going to be a bloody year for homeowners.


  164. blaze says:

    The “income redistribution” that Kevin is talking about is called a graduated income tax. It has been around for a long time and hasn’t damaged the rich as far as I can see. In fact, when Clinton raised the upper tax level to 36% (which is lower than in any other first world country) he was able to balance the budget and spark the economy so thoroughly that the middle class flourished and the rich never knew a more vibrant economic era. America bloomed and the CBO said that, with Clinton’s surplus, the debt would be eliminated by 2008… thereby eliminating a 300 billion per year debt service that would have made a nice tax cut for all.

    Bush crushed all that with his tax break for the rich. Now the surplus is gone, the budget is completely out of control, the middle class is stagnating and by 2008, the debt will be over 8 trillion dollars (really, more like 14 trill). The debt service is now in the 400 billion per annum range and the dollar is as weak as it has been in 20 years.

    Meanwhile the government is bailing out or simply paying corporations (see airlines, big pharma, big oil, and big tobacco) and are trying to give billions to Wall Street from Social Security. Bush crony war profiteers are literally making out like bandits with no bid contracts and Kevin seems to think this is all hunky dory. After all, the rich earned those government windfalls.

    Meanwhile the alternative minimum tax has just been ignored and a further burden will fall on the upper middle class while the rich have their inherited dividends taxed at the lowest level of all.


  165. Businesshackers… » Blog Archive » Krugman vs. Cavuto: inequality says:

    [...] Cavuto to Krugman: ‘You Are Lying To People’, ThinkProgress: Princeton economist and New York Times columnist Paul Krugman went on Fox News this afternoon to talk about his new article in Rolling Stone Magazine, “How the Super-Rich Are Screwing America.” [...]


  166. nullKenneth R. Server says:

    Krugman thinks of himself as an ermine, I think of him as a weasel. All weasel wants to do is take away from the wealthy and give to the poor. They don’t have to earn, just give it to them. All the time he ignores us people who are on fixed income. The last few years things have been great for the fixed income group, but weasel wants to monkey around and get inflation rolling and in the process bury us old timers. Weasel may be a college professor but he is totally ignorant about economics. He doesn’t live in the real world.

    Kenneth R. Server


  167. Kazakhs bring the media smack talk at PunkAssBlog.com says:

    [...] *gasp* How dare you. Anchors like Neil Cavuto are a national treasure. He once got caught picking his nose and eating it on the air, but so what? …Okay, maybe he didn’t, but that’s just as true as the creative insights he offers every day, and look how exciting they are! We win on entertainment. [...]


  168. pepper says:

    krugman finally exposed! i LOVE It.

    what an asshole he is. THe NYT embarrasses themselves every time they publish him.


  169. Political Kicks » Blog Archive » The Suck says:

    [...] Transcript by Think Progress: CAVUTO: Here’s what I’m saying that you’re doing: You are lying to people. That’s what I think that you’re doing. [...]


  170. Grant says:

    Amazing – whenever I read ‘debate’ on sites in the US [disclosure I am a Brit living and working here]; it amazes me that the debate is always dominated by emotional vitriol. Even the political television debate.

    Why are the FACTS never examined?

    If Krugman is right – then what I see daily is true, that the middle-class, who are the backbone of every democratic society, appears to be dissapearing. Is the USA going to land up like another Brazil (or God Forbid – apartheid South Africa)?

    If Cavuto is right, then Krugman should start to dessiminate real data ala Patrick Moynihan.

    But, irrespective, while people are name-calling and behaving like chimps at a feeding frenzy – I guess the real import of this debate will be lost – and we will have idiots on both sides of the ideological aisle elected.

    And the young men and women of this country will have to clean up the mess.



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