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Date: 10/27/11 09:31 AM

41 Responses to Meet the 0.01 Percent: War Profiteers

  1. Profile photo of kitteh9lives
    kitteh9lives Female 70 & Over
    8033 posts
    October 27, 2011 at 9:08 am
    Link: Meet the 0.01 Percent: War Profiteers - War industry CEOs make tens of millions each year, putting them in the top 0.01 percent of income earners in the U.S.
  2. Profile photo of Commentator
    Commentator Male 40-49
    270 posts
    October 27, 2011 at 9:41 am
    Ive known this for years, I am happy that people are finally walking up to this and taking to the streets!

    REVOLUTION!!!
  3. Profile photo of M_Archer
    M_Archer Male 18-29
    525 posts
    October 27, 2011 at 9:42 am
    Great. Now the people who make the weapons to defend our lives and freedoms are being censured?

    What the hell is going on in the world?
  4. Profile photo of Draculya
    Draculya Male 40-49
    14544 posts
    October 27, 2011 at 9:42 am
    What`re you going to do strip them of all lands and titles like at the end of Last Samurai?
  5. Profile photo of patchgrabber
    patchgrabber Male 30-39
    5812 posts
    October 27, 2011 at 9:45 am
    There`s tremendous profit to be made in war. That`s why so many wars get fought. The problem I have is when we`re led to believe the war is for some noble goal when really it`s about money or resources. I don`t like being deceived.
  6. Profile photo of RoboPatton
    RoboPatton Male 30-39
    2424 posts
    October 27, 2011 at 9:47 am
    Take the US military out of the picture for ONE day, and watch how quickly the world erupts. Enjoy your North Korea / Chinese occupation. And yeah I think Putin would be totally cool and chill out have a joint with you guys talk about how great it is the US military is gone, he would sing kumbaya and maybe throw the Frisbee ... lol

    The better our technology, the better our weapons the less US soldiers have to die.

    And the end, saying we should put tax dollars into repair roads and schools is just plain ignorant! That`s where all the "stimulus" money DID go, (Besides over rated banks) how the drat did that work out for us??

    sorry but this was BS
  7. Profile photo of morimacil123
    morimacil123 Male 18-29
    171 posts
    October 27, 2011 at 9:55 am
    This is dumb.
    These 3 guys dont make up 0.01% of the population, not even close to that.
    And they are in no way different to the rest of CEOs.
    Corrupting politicians (lobbying), making huge profits, and disregarding whether or not ppl are dying for those profits isnt somethoing specific to CEOs of weapon companies, its pretty much the job description of CEO of ANY major company.
    There is really nothing special about those 3 dudes, and trying to single them out of the pack to suit this guy`s own agenda is simply missing the point.
  8. Profile photo of sazziable
    sazziable Female 18-29
    54 posts
    October 27, 2011 at 9:59 am
    I think the message isn`t supposed to be completely stop spending on defense or weapons. The message is to show that we are spending too much, and only a small amount of people are profiting far more than they should (when the economy is in such a mess). This isn`t just about hippies and peace, it`s about numbers and we just can`t afford to spend THAT much. Especially when it`s tax payers money.
  9. Profile photo of morimacil123
    morimacil123 Male 18-29
    171 posts
    October 27, 2011 at 10:03 am
    Oh, and about the military in general:
    Yep, its a good idea to have some kind of defense ready, dont think anyone disagrees here.
    But as mentioned already, the wars dont happen for defense, they happen for profit. And when americans go to die in wars, its not the top 1% who dies and suffers, its the bottom 99%.
    The profits from the wars on the other hand, these all go to the top 1%.

    Going to war so that everyone gets access to cheaper gasoline, well that would already not be a very moral idea.
    But taxing ppl to have money to go to war so that the profits of the gas companies increase without prices decreasing for the taxpayers, all the while masquarading the whole thing as defense of the country? Well thats not only screweing the other countries over, its also screwing over pretty much everyone in your own country.
  10. Profile photo of Nebbie
    Nebbie Male 18-29
    864 posts
    October 27, 2011 at 10:03 am
    He said "top hundredth of a percent" but 0.01 is one tenth...
  11. Profile photo of tommy2X4
    tommy2X4 Male 50-59
    3441 posts
    October 27, 2011 at 10:05 am
    How about the old inherited money the dynasties?
  12. Profile photo of Gerry1of1
    Gerry1of1 Male 50-59
    36196 posts
    October 27, 2011 at 10:11 am

    And the Kardashians earned $30 million last year!
    Take our economy back from those bitches!

  13. Profile photo of M_Archer
    M_Archer Male 18-29
    525 posts
    October 27, 2011 at 10:12 am
    Nice use of reductio ad absurdum, Gerry1of1; I didn`t think of that.
  14. Profile photo of dang007
    dang007 Male 30-39
    596 posts
    October 27, 2011 at 10:15 am
    0.01 percent is one hundredth of a percent.

  15. Profile photo of DromEd
    DromEd Male 40-49
    1843 posts
    October 27, 2011 at 10:15 am
    Yeah! Let`s take that 60 million those evil CEO`s make and build 60 miles of highway instead! That will fix our infrastructure problems!
  16. Profile photo of patchgrabber
    patchgrabber Male 30-39
    5812 posts
    October 27, 2011 at 10:24 am
    Gerry, are you saying wars are started over sex tapes? xD
  17. Profile photo of Gerry1of1
    Gerry1of1 Male 50-59
    36196 posts
    October 27, 2011 at 10:34 am

    @ patchgrabber - no but careers do.
  18. Profile photo of onoffonoffon
    onoffonoffon Male 30-39
    2310 posts
    October 27, 2011 at 10:35 am
    Even though it`s a lot of money it`s nothing compared to the welfare budget. I`m with Gerry take the money from the tards.
  19. Profile photo of Loxen
    Loxen Female 30-39
    1387 posts
    October 27, 2011 at 10:35 am
    Its good that people are starting to take note of the world around them, but the protests... they`re sort of like a big knotted ball of yarn. There`s lots to work with there, but there`s no cohesive form yet. They have a list of things they want changed, but no way to really go about changing anything. Someone has to start organizing those people. Gather up that yarn, and make a sweater (or at least a very attractive scarf) out of it.
  20. Profile photo of rtevis1
    rtevis1 Female 18-29
    31 posts
    October 27, 2011 at 10:41 am
    so, how do we get this done? livng in a tent and shouting might be step #1...but there is no further plan. *sigh
    there is no robbin hood.
  21. Profile photo of thatjimguy
    thatjimguy Male 30-39
    458 posts
    October 27, 2011 at 11:00 am
    Great...everyone wants to latch on to the occupy movement because they don`t have an agenda. Now there will be thrown about in 50 different directions...and weakened. They`ll fall for it of course.
  22. Profile photo of QualityJay
    QualityJay Male 18-29
    303 posts
    October 27, 2011 at 11:54 am
    evil evil rich people.
  23. Profile photo of Fatninja01
    Fatninja01 Male 30-39
    25408 posts
    October 27, 2011 at 11:57 am
    ooo so were naming names now...
  24. Profile photo of QualityJay
    QualityJay Male 18-29
    303 posts
    October 27, 2011 at 11:57 am
    And damned lobbyists, don`t they know that our congressmen have no integrity? They could make the right decision but they don`t.

    This is the lobbyists fault.
  25. Profile photo of QualityJay
    QualityJay Male 18-29
    303 posts
    October 27, 2011 at 11:59 am
    @Nebbie aww. fail dude.
  26. Profile photo of Klamz
    Klamz Male 18-29
    689 posts
    October 27, 2011 at 12:15 pm
    I heard a rumor that China agrees with the protesters and has agreed to OccupyAmerica.

    Not exactly what you were hoping to achieve I`m sure.
  27. Profile photo of CrakrJak
    CrakrJak Male 40-49
    17515 posts
    October 27, 2011 at 12:20 pm
    So their plan is to kick aerospace workers out of their jobs to give construction workers, teachers, and bureaucrats more raises ? These CEOs are not the most well paid in the country.

    #1 Philippe P. Dauman: $84.5 million CEO of Viacom
    #2 Ray R. Irani: $76.1 million CEO of Oxidental petroleum
    #3 Lawrence J. Ellison: $70.1 million CEO of Oracle
    #4 Michael D. White: $32.9 million CEO of DirectTV
    #5 John F. Lundgren: $32.6 million CEO of Stanley/Black and Decker.

    As you can see the so called `War Profiteers` make considerably less then their counterparts in the non-defense industry.

    Sorry, but this video is a fail on several levels.
  28. Profile photo of nublakhan
    nublakhan Male 18-29
    2 posts
    October 27, 2011 at 1:40 pm
    It makes no sense to associate this with the "occupy" movement. Which, as far as I`ve discerned, seems to be about the exploitation of the general american populace. This is a complaint about wasteful government spending, this sounds like something the tea party should be taking on.

    As Crakr already pointed out, these CEOs aren`t highly paid in comparison to many others out there (and given the stock options, I`d wonder further how highly paid these guys are in comparison to others). Just looking at how much the top 10 athletes have been paid (and narrowing that to salary only), these CEOs still don`t make that much. Perhaps the occupiers should be targeting sports stadiums and other entertainment venues. Fiscal responsibility doesn`t just suddenly happen at the government level, it has to be handled at an individual level first.
  29. Profile photo of demonveteran
    demonveteran Male 18-29
    238 posts
    October 27, 2011 at 2:20 pm
    I feel like I should go setup a stand there and sell posterboard, pens, sharpies, water, baby wipes, canned food, etc... and profit from these people.
  30. Profile photo of LazyMe484
    LazyMe484 Male 18-29
    10443 posts
    October 27, 2011 at 6:15 pm
    America should, by any definition, be spending less on the military, but that is your government`s fault, they made the decision, not CEOs.

    These 3 may be overpaid at the expense of the investor, which is just a plain bad move for the company, since I could CEO better than them for a mere 1M, but at least there`s something tangible that they produce.

    People need planes, so these companies exist, that`s perfectly fine with me.

    What ever happened to going after banks?
  31. Profile photo of markust123
    markust123 Male 40-49
    3876 posts
    October 27, 2011 at 8:52 pm
    I thought for sure this was going to be about Dick Cheney and his war profiteering friends. Manipulating the US with scare tactics. Christ he even pretended that he had to hide in a bunker so that he could scare the hell out of us all. They should all be in jail. Thank God the politics of fear are over. Well at least for liberals. The politics of fear is alive and well on Fox News.
  32. Profile photo of EricWRN
    EricWRN Male 30-39
    590 posts
    October 27, 2011 at 10:39 pm
    lol@ "the politics of fear are over for liberals"... yes, and don`t forget that if you don`t create carbon taxes and funnel tax payer money into green energy sources WERE ALL GOING TO DIE!!!!!!
  33. Profile photo of markust123
    markust123 Male 40-49
    3876 posts
    October 27, 2011 at 11:48 pm
    Global warming is not a partisan issue. It is a human issue. A new study that was funded in part by the Koch brother`s confirmed that the original research on global warming, that Fox News tried so hard to show was faked, was accurate all along. The earth is indeed warming. And that is why we are having such bizarre weather patterns around the world. But go ahead and be a slave to big oil and coal.
  34. Profile photo of EricWRN
    EricWRN Male 30-39
    590 posts
    October 28, 2011 at 6:15 am
    the earth has warmed and cooled itself since it`s birth, no one`s denying that. I even acknowledge that humans may be able to influence it, I`m not trying to get into a debate about the science of anthropogenic global warming.

    My point was that if you think only one political team uses scare tactics you`re a bleating sheep who chooses to route for a team instead of use critical thought.

    I suspect my point will fall on deaf ears though, because I realize it`s not "scare tactics" if you`re an Obama or liberal fanboy and it fits your agenda. Just like it`s not "scare tactics" to neo-cons to talk about our colossal debt or new debt-spending programs but whatever. Stay asleep. Im sure it makes perfect sense to you to go around shrieking about the world ending because of coal plants while you bitch about evil republicans using "scare tactics".
  35. Profile photo of EricWRN
    EricWRN Male 30-39
    590 posts
    October 28, 2011 at 6:36 am
    and lol@ "be a slave....", sit there and call me a slave in your corporate brand clothing drinking your corporate brand beverages driving your corporate brand car that uses the same corporate brand gasoline that i use

    This is exactly why so many people lost interest in having a reasonable debate over the issue. One side simply whined about a socialist agenda to control all businesses, the other side whined about "being a slave to oil" and "obligatory fox news comment". Come to think of it, that`s how all issues are debated in this country. Not with rational thought or legitimate data, but ad hominem attacks and character judgements for not agreeing with one`s favorite political team.
  36. Profile photo of Gerry1of1
    Gerry1of1 Male 50-59
    36196 posts
    October 28, 2011 at 7:16 am

    So a couple guys were good at their jobs and earned 20 or 25 million. I`m not angry at rich people for being rich. I`m pissed at CEOs and Congressmen for fiscally raping us.

  37. Profile photo of EgalM
    EgalM Male 30-39
    1707 posts
    October 28, 2011 at 7:41 am
    I`ve been studying film, so I have a good idea what commercials cost. There`s no way in hell it costs 500mil to run a campaign, but the fact that can take donations from anyone opens it right up for corruption. Where`s all this money going, who do they owe large favors too, the 1%.

    Seems to me you have to start at the beginning of the political process. It`s corrupt from the start, so there`s no way to fix it at the end. You have to change the policies from the get go.
  38. Profile photo of markust123
    markust123 Male 40-49
    3876 posts
    October 28, 2011 at 10:04 am
    EricWRN, it`s apples an oranges what you are saying. The Bush administration was literally scaring the hell out of American`s with the terrorists boggy man.
  39. Profile photo of markust123
    markust123 Male 40-49
    3876 posts
    October 28, 2011 at 10:07 am
    I`ve been laughing at the $500,000 that OWS has in the bank. For the protestor`s that are just attacking all the rich instead of the people controlling our government this money makes OWS now part of the 1%. I still support the OWS protestors that have an actual point.
  40. Profile photo of Batmanners
    Batmanners Male 18-29
    4007 posts
    October 28, 2011 at 2:53 pm
    Damn, those guys are cool... They are running a business. There is a demand, they are the suppliers. They don`t start the wars, Politicians start wars. If a country feels it needs to kill people to ensure its prosperity, then they turn to whomever may supply them with the best means to supply destruction.

    If there were no wars, these guys would still make money as Boeing, Lockheed Martin and Northrop Grumman have their hands in more than just missiles and bombs.

    And by the way, one hundreth of a percent in America is 30,000 people, not 3.

    And their combined worth is around 135 billion USD. Not even 1% of the national debt.
  41. Profile photo of duffytoler
    duffytoler Male 40-49
    5196 posts
    October 29, 2011 at 10:47 am
    I`m not angry at rich people for being rich. I`m pissed at CEOs and Congressmen for fiscally raping us.
    Same here. More I read about the repeal of the Glass-Steagall Act, the angrier I get.

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