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Debt is fine as long as it is put to productive use. In the case of consumer spending, that's debatable. Wages are stagnating while the cost of living increases (ignoring the bogus official inflation figures). Folks are going further into debt to maintain the same standard of living.

Ditto! You don't need to be a Marxist or a welfare recipient to realize that.

And you will doubtless attempt to electronically profit from the Fed cut tomorrow which will further devalue the wages of those who attempt to work for a living, not even the welfare cases. I know I will. But I console myself with the thought that I have no choice if I want to preserve my...

The whole legal = ethical argument is a joke. Slavery was written into the Constitution, women could not vote, etc. Do you really believe that the financial system is any more ethical? Hell, the so-called "free market" is managed by the Fed and the PPT to line the pockets of the bankers. There...

And what are you trained for? Seriously. Do you pay into social security? Taxes? Have you ever received a corporate handout? Capitalism privatizes profits and socializes costs.

It's funny how you impose your own ideological spin because the scenario you propose is of course not what I suggested. I asked what are the limits. There's no need to create straw man arguments unless you can't come up with valid arguments.

It's not necessarily your wealth. You just have it. If the system is flawed enough, people will take it back from you no matter what you tell them. They are the judges. I'm not necessarily talking dollar assets. Say your neighborhood's water supply is poisoned by a chemical plant. The company...

FF- I assume you're joking. You can't distribute health, but you can distribute health care. Society should be judged, not on the welfare of the wealthiest / healthiest individuals, but on the welfare of the poorest / sickest. If too many get too miserable, they will eventually get desperate...

I am. And I don't think it's irrational. Government redistributes wealth through taxes for this reason. For example, should government provide universal health care? Could that be one criterion by which wealth disparity is adjusted? Does the Swedish model work better than the American?

I've been waiting for the ideologue to rear his head. Do you agree that 99% in the hands of one person is too much? If so, then how should the cutoff be determined? If not, why not?

Wealth is created by productivity. Capitalism exploits means of production (labor, resources) to create wealth. Is it ethical for capitalists to control means of production? Gates and Buffett are giving away most of their wealth to society. They would seem to agree with my thesis that there...

It is unjust for 99% of all wealth to go to one person. A limit to inequality implies a limit to wealth. Assuming the above, how should society determine the limit to personal wealth?

Yep. Economists believe that when price is high enough, God puts more oil into the ground.

Dude- Why live in Canada when you can live in New Zealand? Check into it.

Gales Law: If it can't go on forever, it will stop.

Move to Hawaii.

Dude: Less Caffeine. Very entertaining.

Priced in devaluing dollars, of course the market will go up. Expect it to go up even more.

Right on. The bankers are protecting themselves and feeding the rest of us to the dogs.

If foreign capital divested of America markets, they would slit their own throats. That doesn't mean the American economy isn't in shambles.