Are You Smarter Than a Wall Street Occupier?

[metalman]

the quiz

 

[metalman]

 

[metalman]

People wanting redistribution of wealth complaining when their possessions are redistributed

 

[FluffyMcDeath]

People wanting redistribution of wealth complaining when their possessions are redistributed

Yes, they don't like having their wealth stolen - that's what they are there complaining about.

 

[Glaucus]

Wealth is always redistributed, it's just a matter of how. Inventing arbitrary taxes, fines and fees sounds like wealth redistribution to me. The question is, who lines their pockets?

 

[metalman]

Inventing arbitrary taxes, fines and fees sounds like wealth redistribution to me.

That is revenue enhancement
Cities do it all the time "in the interest of public safety" e.g. speed traps

 

[FluffyMcDeath]

That is revenue enhancement
Cities do it all the time "in the interest of public safety" e.g. speed traps

So do banks.

 

[metalman]

So do banks.

This bank fee scam is getting more popular here

Check cashing fees for non-customers "on-us" checks

Administer of National Banks: request for interpretation "on us" fees

Answer: Yes. Institutions are allowed to charge a check cashing fee. The Department issued a press release on August 31, 2001 regarding this matter. Since then, the court ruled that the Texas law was not enforceable and therefore the institutions could continue the practice of charging a fee for cashing their "on-us" checks.

Wells Fargo, Bank of America, BBVA all doing it here
$5 to $7 per check fee or 2% whichever amount is larger

 

[Glaucus]

Cities do it all the time "in the interest of public safety" e.g. speed traps

I'll have a lot more respect for you if we can agree that speed traps have a lot more to do with "revenue enhancement" than with "public safety".

 

[redrumloa]

I'll have a lot more respect for you if we can agree that speed traps have a lot more to do with "revenue enhancement" than with "public safety".

The same goes for red light cameras.

 

[Glaucus]

The same goes for red light cameras.

Those are even worse.

 

[metalman]

I'll have a lot more respect for you if we can agree that speed traps have a lot more to do with "revenue enhancement" than with "public safety".

though it was obvious from my phrasing that its all about "revenue enhancement" not "public safety"

and red light cameras actually decrease safety, because rear end collisions skyrocket after red light cameras are installed, and the time setting of the yellow drastically effects the number of tickets, so the yellow is set short to generate the maximum revenue.

 

[faethor]

Wealth is always redistributed, it's just a matter of how. Inventing arbitrary taxes, fines and fees sounds like wealth redistribution to me. The question is, who lines their pockets?

Exactly. And looking at the USA the wealth has been redistributed out of the bottom and middle class and into the the top end. And this is a huge problem. When the poor or middle class have a bit more money they want to spend it on a better life. When the rich have money after they have completed getting all they need they spend it acquiring or betting on other rich people. The money stays in the economic insitutions and fails to get to the brick and motar businesses that make up our community.

Clearly living through the last 30 years of trickle up redistribution has set us where we are today.