Some argue that income inequality isn’t systemic enough:

Slumdogs vs. Millionaires

(04:14)

Why some media lauds the end of unemployment insurance fraud, which is totally different from Wall Street fraud.

Slumdogs vs. Millionaires – Moral Hazard

(04:59)

January 9, 2014

Category: Humor, Video, Wages & Income

Please use the comments to demonstrate your own ignorance, unfamiliarity with empirical data and lack of respect for scientific knowledge. Be sure to create straw men and argue against things I have neither said nor implied. If you could repeat previously discredited memes or steer the conversation into irrelevant, off topic discussions, it would be appreciated. Lastly, kindly forgo all civility in your discourse . . . you are, after all, anonymous.

5 Responses to “Moral Hazard: Slumdogs vs. Millionaires”

  1. ExPraliteMonk says:

    I worked in the aerospace industry for several years, on civilian projects. Across the aisle, working on a military contract was a manager who had a single employee (an engineer), and both spent their entire day surfing the web. Moochers indeed.

  2. Expat says:

    Fox News personnel will the first up against the wall when the revolutions come!
    ha ha. I crack myself up. Fox News will be the first to show live footage of poor welfare moochers being lined up against the wall. In fact, it will probably be a Fox tv show. Imagine how much the 1% would pay to shoot poor people! If poor people weren’t so selfish, they would gladly sacrifice half of themselves to pay for bon-bons for the other half!

    Viva Amerika!

    • ExPraliteMonk says:

      I was getting some car work done and the garage waiting room tv was set to Fox News. During one commercial break every commercial was a lawyer offering to help you get disability, medicare scooter salesmen, etc. All 4 commercials during that break was someone trying to sell you something that the taxpayer would have to pay for. And then they go back to the show where the talking heads complain about people living off the taxpayer. It isn’t even *news*. We’re going to have to invent a new word for it.

  3. There’s a bias which inherently tends towards wealth concentration in scaled human groups.

    A recent book touches on the issue here:

    White-Collar Government: The Hidden Role of Class in Economic Policy Making (Chicago Studies in American Politics)
    http://www.amazon.com/White-Collar-Government-Economic-American-Politics/dp/022608714X

    I contend that this is a result of a decision bias I call “the Altruism Dilemma”… (briefly this has to do with why it is we’re more upset by the death of our pet dog that the death of a 1000 strangers… and why this is an unchangeable characteristic)…

    Issues in Scaling Civilization: The Altruism Dilemma
    http://culturalengineer.blogspot.com/2012/02/issues-in-scaling-civilization-altruism.html

    This is not a Left/Right issue… however the lack of meaningful opinion inputs from the greater numbers of poor leads to an inadequate ‘force’ of representation by even those supposedly sympathetic (i.e. the rich cannot effectively represent the poor even if they want to)

    While the micropayment is not the only needed correction it is a requisite.

    Characteristics of the Monied “Like” Button
    http://culturalengineer.blogspot.com/2013/12/characteristics-of-monied-like-button.html

    One-Click Micropayment Capability for Volume Solicitations and Multiple Providers
    http://culturalengineer.blogspot.com/2013/12/one-click-micropayment-capability-for.html

    Represented by Perkins Coie (on their dime)…

    This deserves coverage.

  4. farmera1 says:

    Money is migrating to the wealthy at an ever increasing rate. As Buffett says if there is class warfare in this country his class has won. He uses the example of his secretary paying a higher tax rate than he does. The Supremes have decided money is free speech, and the power and the money begets more power and money. This isn’t going to end well.

    http://www.businessinsider.com/facts-economic-inequality-2014-1