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(WTOP)   Good news, everybody. The mega-rich's net worth increased from $1.7 trillion to $2 trillion last year, which means there's gonna be a lot more cash money trickling down to the rest of us very soon   (wtop.com) divider line 469
    More: Cool, rises, T. Boone Pickens, Microsoft Corp., Dustin Moskovitz, Hyatt Hotel, Larry Ellison  
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2415 clicks; posted to Main » on 17 Sep 2013 at 7:52 AM (30 weeks ago)   |  Favorite    |   share:  Share on Twitter share via Email Share on Facebook   more»



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2013-09-17 12:58:23 PM

VendorXeno: None of this even makes any sense. There aren't just jobs anywhere anyone wants one, any time, people, particularly the less well to do, can't just up and move any time it suits them


Of course they can.  They just don't want to.   This is nothing new.   You can either go to where the jobs are located, or you can stay home and use 'taking care of ma and pa' as an excuse.  Yes or no, are there states where the unemployment rate is 2%?  Yes.
Are there states where the unemployment rate is 2% and it is like living in Miami ?  No.
 
2013-09-17 01:00:46 PM

Nutsac_Jim: Mr_Fabulous: Magnanimous_J: The rich get richer, that's the way of the world. But by concentrating on hating the wealthy for their wealth doesn't put another dollar in your pocket. You can tax them to oblivion if it makes you feel better, but it won't fix anything.

400 families get $2 trillion. Taxing that $2 trillion "into oblivion" would, in fact, fix a whole lot of shiat, and fast!   But no one is arguing that "oblivion" strawman point in the first place, so who farking cares?

What are you going to do for money in year two of your glorious tax plan?


Contribute to an adult literacy program for you, I suppose.
 
2013-09-17 01:02:21 PM

bunner: marsoft: You know it takes two people to keep this going.  Are you through yet?

Oh, I get it.  Sorry. You're a "last word" troll.  Hit it, Petunia.  :  )


Look you disagree with my postings.  I get that.  But seriously, you then went into name calling and finished with saying I am a troll.  Finally a "last word" troll.  Considering you were trying to get in the last word, that is funny. You must admit that trying to get the last word in by calling someone a "last word" troll is funny.
 
2013-09-17 01:03:03 PM
VendorXeno:  

None of this even makes any sense. There aren't just jobs anywhere anyone wants one, any time, people, particularly the less well to do, can't just up and move any time it suits them,

Of course they can  There are places where unemployemnt is 2%, less than the full employment rate, and where they will GIVE you land.
Take half an unemployment check and get on a Greyhound.
 
2013-09-17 01:06:43 PM

Nutsac_Jim: Of course they can. They just don't want to. This is nothing new. You can either go to where the jobs are located, or you can stay home and use 'taking care of ma and pa' as an excuse. Yes or no, are there states where the unemployment rate is 2%? Yes.
Are there states where the unemployment rate is 2% and it is like living in Miami ? No.


this used to be the case...anymore, not so much.  if you truly believe that you have been living in a vacuum for a decade or so.
 
2013-09-17 01:10:21 PM
Jobs means somebody is making a sh*t ton of money in order to pay you some scraps of said money to bring it in the door.  There's not a lot of things left that offer not opportunity anymore.  In an era of "If we can't make 100 billion in ten years, pump and dump the stock and board the joint up, why bother?", honest work is hard to find.  The social contract is now neatly printed out on a roll of bumrag in the marble festooned stall of some corporate sh*tter.  Progress.
 
2013-09-17 01:11:20 PM
that offer THAT opportunity ...  ah kinnae type fer toffee.
 
2013-09-17 01:12:13 PM

Carn: DeathByGeekSquad: Jorn the Younger: DrPainMD: Is this the thread where everybody biatches about other people's money when they should be out earning money for themselves?

Is this the thread where conservatrolls show up to berate the poor for not having the good sense to be born wealthy, or attempt to maintain the fallacy that harder work turns into increased rewards?

Is this the thread where people have no job creativity and expect to make millions as a cubicle drone?

This is the thread where certain people who are doing just fine themselves TYVM, remind the droolers and the knuckle draggers that historically, both in our country and in others, this type of wealth inequality has led to massive financial upheaval at best (Great Depression, many other financial Panics), and at worst to violent revolution (French, Russian, Mexican et al).  There are reasonable, pragmatic steps we can take, which we had in place at various times in the last 100 years when our country was doing better than it is now, which would help to set things on a more equal footing in the future.  But go ahead and pretend like the only thing going on here is jealousy.


I hate to tell you this, but the Great Depression wasn't caused by wealth inequality.
 
2013-09-17 01:12:37 PM
FWIW, I freely admit that when people start blowing me sh*t with false assertions of cheaply crafted inferences, that I rely on the reading comprehension skill of the bulk of forum users to assess who's doing what.  Then again, it is my opinion that the second you starting getting douchebaggy with another user in order to "make a point", you have none.  Just trying to be informative.  Thanks.

[themoreyouknow.jpg]
 
2013-09-17 01:14:30 PM

bunner: stir22: agree.    so, where does it end?  how does it end?

Historically?  Badly.  See, despite the avuncular assertions of a failed B actor sock puppet president, greed is not good.  And I'm talking big picture, all nine innings not good.


time frame?  personally, i think we're getting closer.  exponentially closer.
 
2013-09-17 01:14:35 PM
Thank goodness. I was really worried about them.
 
2013-09-17 01:15:08 PM

Nutsac_Jim: Zeno-25: lordaction: dready zim: lordaction: Typical liberals wanting to steal money from the people that earned it.

You mean the workers? Not the business owners? The workers did all the work, it`s sort of how they are defined...

Do you think someone earned the money who wasn`t the person who did the work? How does that work?

The workers get a paycheck, don't they?  They are paid what they are worth.  Your communist dogma is nothing more then a weak rationalization to steal - says a lot about your character.  I'm guessing you must be an atheist.

Actually, the main feature of capitalism is that workers aren't paid the full value of their labor. The people at the top live off of the surplus value created when workers are not paid the full market value of the end good/service they produce. Exploitation is a feature of capitalism, not a bug.

Let me know when you take out a mortgage on your house so you can start a business, and then only take the same pay as the lowest paid employee. .Now, it is not unheard of for a business owner to take $0 short term, to keep the business running.  I'm talking long term.  You are never allowed to take home,ever, for your efforts, than your lowest paid employee


English, do you speak it?
 
2013-09-17 01:15:15 PM

Dinki: DrPainMD: A poor person isn't poorer because someone else is rich.

Actually, yes they are. If the rich guy gets his money by paying the poor guy a minimal amount when he could just as easily pay the poor guy more.


Wages are determined by supply and demand. Start a business yourself and see. Pay your burger-flippers $30 per hour with full benefits and see how quickly you go bankrupt. There's a reason why VPs make more than janitors, and it's not because the owner likes the VPs more than he does the janitors.
 
2013-09-17 01:16:06 PM

Lady J: regardless of libs vs cons; whatever (all boring)

what's to be done? you can't march into people's houses and take wealth


Why not? The megawealthy are gaming the system and have no problem taking wealth. Nothing wrong with crashing the economy, forcing people out of work, then seizing people's homes when they can't pay the mortgage. All, I might add, while using their victims' tax dollars to insulate themselves from any losses or risk.

The only difference is they do it "legally" by buying the people who make the laws. The real tragedy is that we have the usual Fark shills in this thread who are being forced to bend over and squeal like a pig just like the rest of us. The difference is they like it and squeal for more.
 
2013-09-17 01:16:42 PM
Is a douchebaggy a thing one can knit?

I mean...it's a sort of a bag, right?
 
2013-09-17 01:17:24 PM

VendorXeno: None of this even makes any sense. There aren't just jobs anywhere anyone wants one, any time, people, particularly the less well to do, can't just up and move any time it suits them, money into a mortgage, properly leveraged, still results in an investment, rent is wealth squandered, never to add to your wealth or lifestyle. And your final comment seemed to be you now advocating defaulting on debt. Having looked at your various responses over the course of this thread, it seems you're combining trolling with being poorly informed and lazy, all towards the ends of trying to dismiss anyone disenfranchised by the economy. That doesn't strike me as a good use of your time.


How does "save up some effing money" equate to me advocating defaulting on debt?  There is a time and a place for a mortgage.  Getting one  when you cant afford one, and cant afford to repair your own house, is not one of them.

I was simply pointing outthat rent is not necessarily 'throwing money away'.   'Rent is wealth squandered' is not universal.

What value is 'being able to move when you want' ?   If your local economy tanks, how much is it to get rent somewhere else?  $0.
Let us say you live in a mining town with one large employer.   Company moves all jobs to India.   Your house immediately loses 20% simply because a lot of other people are now selling too.   Now you have to sell.  Lose another 10% in selling costs.  Can you even sell?
How is that investment/foreclosure now?

Its not like we didn't just see a ton of people go 20% underwater.  This isn't fantasy.

That $8500 Home Depot deal, thats a play out of my buddies playbook.  He bought a new house with a fat morgage for $540K.  He then saw his  house go to $410K.   This year, his AC failed and he had to replace it at almost $10,000.  It is on a credit card.

Why? Because he and his wife didnt want to live in a tiny house.  They wanted a nice new house to show off how successful they were.


A mortgage, properly placed by income potential of the property, can be effective.  The problem is that most people will get max loan they can get, just because the bank will do it.   That isn't wise.    Rent is not necessarily 'throwing money away'
 
2013-09-17 01:17:54 PM

stir22: BullBearMS: bunner: Cowboy Spencer: 1.  Public financing of campaigns.  (Right now, it's pretty much only rich people who can run for office)

Ever wonder why somebody would beg, borrow, mooch and cadge tens of millions of dollars to land a 400,000.00 a year temp civil service job?

Worked out great for Clinton.

Over the course of the next ten years after his Presidency, Clinton brought in roughly $8-10 million a year in speaking fees. In 2004, Clinton got $250,000 from Citigroup and $150,000 from Deutsche Bank. Goldman paid him $300,000 for two speeches, one in Paris. As the bubble peaked, in 2006, Clinton got $150,000 paydays each from Citigroup (twice), Lehman Brothers, the Mortgage Bankers Association, and the National Association of Realtors. In 2007, it was Goldman again, twice, Lehman, Citigroup, and Merrill Lynch.

All he had to do was destroy the middle class by enabling the end of American manufacturing jobs through NAFTA and permanent Most Favored Nation status for China.

Then he killed what was left of Glass Steagall.

Then he prevented the head of the CFTC from regulating derivatives.

Look how richly he was rewarded for serving his wealthy masters.

that's what i was looking for.....thanks.  that's why i'm convinced that both political parties are just trolling us.


You're welcome. The sad truth is that the leadership of both parties are definitely owned by the very same obscenely wealthy few.

Look at how they just worked together to save the Bush Tax cuts from finally expiring as scheduled.

/OMG if we let them expire when they are supposed to, it's the FISCAL CLIFF!!1!!
 
2013-09-17 01:18:52 PM

DrPainMD: I hate to tell you this, but the Great Depression wasn't caused by wealth inequality.


AFAICR, it was another case, the first, of the bookie joint sh*tting the bed.    Once upon a time, briefly, mostly after WWII, there was lots of jobs, lots of growth and lots of things in place to keep the books balanced.  "Don't worry.  The people who own the businesses know they have it good, and if they get too big for their britches - become a detriment to the economy that serves them, too - the government will step in".

And for a bit, that was true.

And for the last 35 years, the corporate mob has had their dick so far up the dog's ass that the poor pooch had pubes in it's teeth and the government responded by bringing dump trucks full of KY jelly and dancing girls peeling grapes.  The game got flipped.  The motivations changed.  The guard rails got pulled up and melted down into truncheons.

See that dog?  That dog is f*cked.
 
2013-09-17 01:20:25 PM

DrPainMD: Carn: DeathByGeekSquad: Jorn the Younger: DrPainMD: Is this the thread where everybody biatches about other people's money when they should be out earning money for themselves?

Is this the thread where conservatrolls show up to berate the poor for not having the good sense to be born wealthy, or attempt to maintain the fallacy that harder work turns into increased rewards?

Is this the thread where people have no job creativity and expect to make millions as a cubicle drone?

This is the thread where certain people who are doing just fine themselves TYVM, remind the droolers and the knuckle draggers that historically, both in our country and in others, this type of wealth inequality has led to massive financial upheaval at best (Great Depression, many other financial Panics), and at worst to violent revolution (French, Russian, Mexican et al).  There are reasonable, pragmatic steps we can take, which we had in place at various times in the last 100 years when our country was doing better than it is now, which would help to set things on a more equal footing in the future.  But go ahead and pretend like the only thing going on here is jealousy.

I hate to tell you this, but the Great Depression wasn't caused by wealth inequality.


Caused directly?  No, but it was a major factor that the depression was so bad and long lasting.
 
2013-09-17 01:20:55 PM

Nutsac_Jim: If your local economy tanks, how much is it to get rent somewhere else? $0.


Wow.

Really? How?

I'd sure like to pay $0 rent.
 
2013-09-17 01:22:02 PM

Ant: DrPainMD: Is this the thread where everybody biatches about other people's money when they should be out earning money for themselves?

No, this is the thread where people act like there's nothing wrong with the fact that the wealthy 1% own the vast majority of everything.


It doesn't matter what other people own, or how much of it they own. If you earn money, you can buy your own stuff... as much as you can afford. Believe me, nobody is stuck with cash because there's nothing to buy. I'm not even remotely close to being in the 1%, but I have cars, motorcycles, a boat, a nice home with all the modern conveniences and a pool in the back yard. The 1% haven't stopped me from living the good life.
 
2013-09-17 01:23:28 PM
 Zeno-25:  

English, do you speak it?

No I do not.  I skipped those classes to attend some "I deserve to get paid as much as everyone else' seminars.
 
2013-09-17 01:24:40 PM

bunner: DrPainMD: I hate to tell you this, but the Great Depression wasn't caused by wealth inequality.

AFAICR, it was another case, the first, of the bookie joint sh*tting the bed.    Once upon a time, briefly, mostly after WWII, there was lots of jobs, lots of growth and lots of things in place to keep the books balanced.  "Don't worry.  The people who own the businesses know they have it good, and if they get too big for their britches - become a detriment to the economy that serves them, too - the government will step in".

And for a bit, that was true.

And for the last 35 years, the corporate mob has had their dick so far up the dog's ass that the poor pooch had pubes in it's teeth and the government responded by bringing dump trucks full of KY jelly and dancing girls peeling grapes.  The game got flipped.  The motivations changed.  The guard rails got pulled up and melted down into truncheons.

See that dog?  That dog is f*cked.


Wages after WW2 weren't high because bosses were generous, they were high due to supply and demand. Bosses then, just like today, paid as little as they could possibly get away with, and not a penny more.
 
2013-09-17 01:25:54 PM

Carn: DrPainMD:  I hate to tell you this, but the Great Depression wasn't caused by wealth inequality.

Caused directly?  No, but it was a major factor that the depression was so bad and long lasting.


How did 'Wealth Inequality' raise taxes in a depression?
 
2013-09-17 01:28:43 PM

stir22: time frame?  personally, i think we're getting closer.  exponentially closer.


Look for -  Major shift in currency valuation. China flexing on us and buying up American properties. Another ostensibly inevitable hiccup at the the bookie joint on Wall St. and for it to take another entire market sector with it.

ATM, our currency is sucking wind and they need to find somebody to buy up more of our debt, which is all currency is, to keep it afloat.  Watch very closely as to who buys that debt and what they do in the next ten years.

This isn't Jennifer government.  The people running this business plan to it's logical conclusion have no flag, no god, and no country and they can't wait to dismantle the impediments of such notions in order to get the sh*t through the goose.

"Yeah, we blew more sh*t up.  If you remove these obstacles to our profiteering, we wont have to blow anything else up."  Investment bankers are terrorists.  Corporations are just board markers.  There's just a few players left.  And when the etch a sketch gets shaken, to stretch the metaphor, the people moving those markers on the board are going to make damn sure they're holding it.  Some men just want to see the world burn, as long as they can view it from a third story window in a gated mansion.  Anybody who actually believes that this can continue forever cause "AMERICA!" should read up on a few other ordained and exceptional nations that aren't here anymore.
 
2013-09-17 01:29:03 PM

DrPainMD: Ant: DrPainMD: Is this the thread where everybody biatches about other people's money when they should be out earning money for themselves?

No, this is the thread where people act like there's nothing wrong with the fact that the wealthy 1% own the vast majority of everything.

It doesn't matter what other people own, or how much of it they own. If you earn money, you can buy your own stuff... as much as you can afford. Believe me, nobody is stuck with cash because there's nothing to buy. I'm not even remotely close to being in the 1%, but I have cars, motorcycles, a boat, a nice home with all the modern conveniences and a pool in the back yard. The 1% haven't stopped me from living the good life.


Wealth disparity has implications for the rest of society and causes serious macroeconomic problems. If you bothered to study history rather than make excuses for systemic inequities you would know that. But keep burrying your head in the sand and telling yourself the real problem is people not working hard enough, and that massive wealth concentration in a very small group of people isn't a problem for everyone. It's not like there's hundreds of years of history in dozens countries that suggest human societies work otherwise.
 
2013-09-17 01:29:04 PM

Nutsac_Jim: How does "save up some effing money" equate to me advocating defaulting on debt?  There is a time and a place for a mortgage.  Getting one  when you cant afford one, and cant afford to repair your own house, is not one of them.


I already explained this, in detail. Time isn't static, what may seem like the time now may suddenly change with a shift in the economy, and taking the risk is effectively a requirement for retaining enough of what you dump your wealth into to improve your quality of life over time, as opposed to living at the edge of poverty and disaster because you keep throwing all of your money away.

So this is : really obvious to most people and b: something I already explained in detail and you still didn't feel like taking the ten seconds to think about it enough to try and grasp it. Good job. I'll be moving on to more promising conversations from this point.
 
2013-09-17 01:30:18 PM
I feel like this thread and the one where people will believe what they want to believe regardless of facts should be merged.
 
2013-09-17 01:30:34 PM

Kittypie070: Nutsac_Jim: If your local economy tanks, how much is it to get rent somewhere else? $0.

Wow.

Really? How?

I'd sure like to pay $0 rent.


I didnt say rent was free.  It costs you $0 to choose to get a different landlord.

vs the cost of selling a house in order to buy a house elsewhere, you know.. so you do not 'throw rent down the drain'.
 
2013-09-17 01:31:20 PM

DrPainMD: Bosses then, just like today, paid as little as they could possibly get away with, and not a penny more.


Until the people who brought the money in the door started telling them that they weren't gonna stop by and make them 50,000.00 in 8 hours, today.

upworthy-production.s3.amazonaws.com
 
2013-09-17 01:36:22 PM

Nutsac_Jim: Kittypie070: Nutsac_Jim: If your local economy tanks, how much is it to get rent somewhere else? $0.

Wow.

Really? How?

I'd sure like to pay $0 rent.


I didnt say rent was free.   It costs you $0 to choose to get a different landlord.

vs the cost of selling a house in order to buy a house elsewhere, you know.. so you do not 'throw rent down the drain'.


It does?

So yay, I never ever need to pay a security deposit ever again, huh?

And it doesn't cost even a nickel to rent a truck to move my stuff?
 
2013-09-17 01:37:10 PM

VendorXeno: Nutsac_Jim: How does "save up some effing money" equate to me advocating defaulting on debt?  There is a time and a place for a mortgage.  Getting one  when you cant afford one, and cant afford to repair your own house, is not one of them.

I already explained this, in detail. Time isn't static, what may seem like the time now may suddenly change with a shift in the economy, and taking the risk is effectively a requirement for retaining enough of what you dump your wealth into to improve your quality of life over time, as opposed to living at the edge of poverty and disaster because you keep throwing all of your money away.

So this is : really obvious to most people and b: something I already explained in detail and you still didn't feel like taking the ten seconds to think about it enough to try and grasp it. Good job. I'll be moving on to more promising conversations from this point.


YAWN.   You dont break even for 5 years.  So if you change jobs within 5 years, you lose money.  Nice.  If the economy is as 'shifty' as you say, then that is even more reason to rent.

I dont think it makes as much sense to everyone else as you think it does, because you are the only one here saying it.

And by the way, if you are 25 and on the edge of poverty, you have no business owning a home on loan.   You are not going to be able to afford anything new, so you are going to be exposed to expensive repairs.   These repairs, you will not be able to fix, because you are on the edge of poverty.
 
2013-09-17 01:40:50 PM

Kittypie070: Nutsac_Jim: Kittypie070: Nutsac_Jim: If your local economy tanks, how much is it to get rent somewhere else? $0.

Wow.

Really? How?

I'd sure like to pay $0 rent.

I didnt say rent was free.   It costs you $0 to choose to get a different landlord.

vs the cost of selling a house in order to buy a house elsewhere, you know.. so you do not 'throw rent down the drain'.

It does?

So yay, I never ever need to pay a security deposit ever again, huh?


And it doesn't cost even a nickel to rent a truck to move my stuff?

Do you get your security deposit back when you leave?    You do?   But But But.

Let me know of the magic moving company that moves all your shiat for free, simply because you had a mortgage.
 
2013-09-17 01:43:27 PM
Nothing in America lasts more than a year unless it moves money around.  Money IS the government.  Wealth redistribution IS an economy.  When it stops moving around, despite the fact that the people hoarding it all INSIST that it must, the people who hoard it and AREN'T moving it around are holding forth the spyglass and looking for the next juicy piece of "undeveloped" ass.  Vote with your wallets.  The ballots are a wank.
 
2013-09-17 01:45:30 PM
Nutsac_Jim: If your local economy tanks, how much is it to get rent somewhere else? $0.

That's the claim you made, and you're trying to get ME to back it up?

Fark you.
 
2013-09-17 01:51:39 PM

Nutsac_Jim: Carn: DrPainMD:  I hate to tell you this, but the Great Depression wasn't caused by wealth inequality.

Caused directly?  No, but it was a major factor that the depression was so bad and long lasting.

How did 'Wealth Inequality' raise taxes in a depression?


What?
 
2013-09-17 01:58:35 PM
I wish I could simply post this as a reply to at least 100 people in this thread, but I am going to post it here.

My parents worked their asses off. My dad worked 16 hour days for months on end when asked, and he was promoted "on schedule" his work career. He worked for the largest company in the US (GE), doing what many like to call "real work" (Jet Engine assembly) He is an Air Force vet, and he did everything they said you needed to do. Mom worked there too.

With two kids and a modest house in (mostly) rural Southwest Ohio they tried to make a family.

I rarely saw my parents growing up because they were almost always at work when I was awake.

We vacationed modestly (a week in Georgia at a family friends house) two times in 18 years.

We didn't have enough for me and my sister to go to college, but we had enough that no one went hungry and we had doctors and food and clothes.

Mt grandfather worked for GE as well, and my grandmother raised 4 kids, and a housefull of grandchildren so that her kids could work to achieve better than they themselves had.

Fast forward 25 years.

Grandpa is dead, not surprisingly, but his wasting illness destroyed most of the family funds because GE cut health care for pensioners. He gave them his best years, they promised to take care of him. They lied.

Dad is in his 70's, working part time to keep the lights on. He retired late, and then 10 years later his pension is now a joke. Almost all the money is gone. It is less than 20% of what he was promised.

401K? HA! Lost in 2008.. "sorry . we made some bad deals in real estate"

He's close to losing his house. He can't afford to keep paying for my Grandmothers care (once again, that was supposed to be covered by GE and the Government, but NOPE.. Times are tough.. we lied!)

He can't even afford to fix the injuries caused by doing the job the company made him do. Most of his contemporaries are either dead or in a wheelchair due to knee or back injuries.

GE isn't gonna fix it. They were supposed to. That was the deal. Help us, we'll take care of you.

Most of my entire extended family gave the best of their lives to the biggest company in the USA, and that company turned its back on them, and left them to rot, literally, in "the shareholders interest"

Now they are coming after my grandmothers meager savings to pay her taxes.

Think about that for a minute. This woman has never had a new car. Her husband flew in the battle of Midway and she raised two families after the war. He built her a house and a 10 acre farm with his two hands. The company and the country said they would take care of her. That was the deal. Now they have threatened her with Jail because she can't pay her taxes while living in a nursing home with no assets left to her name... and she is CONTEMPLATING LETTING THEM PUT HER IN JAIL so she is not a burden to the family that can no longer afford to pay her medical bills.

Dad is crushed that he can't afford to fix it, and I am living paycheck to paycheck with no medical insurance.

What the hell has this nation become when that story is not exceptional.. not even uncommon?
 
2013-09-17 02:03:27 PM
The New Deal was simple.  If the motherf*ckers who tanked the joint wont get off the dime and move the money around to do what money does, we'll create programs to do it for them.  Any time you want to see who is actually trying to take the dick out of the dog, look for the one person with any leverage at all who is utterly excoriated, despised and hated by the wealthy.  All of the tax exemptions these first families pissed and moaned and lobbied and shilled for was just to make sure that if New Deal v.2.0 got launched, this time all that necessary work and economic movement wouldn't be accomplished with any of THEIR money.
 
2013-09-17 02:05:32 PM
farm8.staticflickr.com
The world needs ditch-diggers too.
 
2013-09-17 02:06:13 PM

DrPainMD: Is this the thread where everybody biatches about other people's money when they should be out earning money for themselves?


No it's the thread where we point out how corporations that make billions are able to effectively not only not pay taxes, but get money back that the rest of us plebs pay in taxes.  And how the government supports this almost unilaterally (both dems and repubs)
 
2013-09-17 02:06:13 PM

Zizzowop: [farm8.staticflickr.com image 500x362]
The world needs ditch-diggers too.


You hiring?
 
gja [TotalFark]
2013-09-17 02:07:14 PM

Joe Blowme: Carn: There you go. Who expects to make millions (per year) as a cubicle drone? You're going with the tried and true Bootstraps argument. All poor people, every single one of them, is poor, because they just aren't trying hard enough, right?

And then there is you on the other side of the argument, all rich people did not earn it but instead robbed poor people to get rich.

/both are stupid


How EVER did you get that resultant formation from what Carn wrote?
Did you run that through an english=>derp translator?
 
2013-09-17 02:09:21 PM
Assuming that all of this extra cash is not stuffed into mattresses somewhere, it's going to be put somewhere useful. Even sitting in a bank account or mutual fund, it's going to be funneled back into the economy through loans, investments, and yes, even payroll for new jobs.
 
2013-09-17 02:09:53 PM

Infernalist: HotWingConspiracy: Infernalist: OnlyM3: HighlanderRPI
2013-09-17 07:56:21 AM


/Oblig
Reagan has been out of office for how many years now? Bush disagreed with his economic beliefs calling them "Voodoo economics" and changed the course.... leading to the bush recession. Remember "It's the economy stupid"?

So, how long has zero been in office? You're blaming Reagan who's been dead longer than zero has been at the helm.

So, you think that the bad economy of the late 80s is because of Bush sr.?   lol  oh god, it burns.

Hyper conservatism can never be wrong.

What we need is 20 straight years of Democratic control of the WH and congress.  No more of this '8 years and hand off' bullshiat.  We need a solid decade of Democratic control of the government so that we can 'see' what can come of it.  And then let the American people decide if the GOP alternatives are better or not.

Because right now, it's stupid.  We let the GOP fark things up with foreign wars and obscene tax cuts and cronyism and all but open bribery in the government at the highest level...and when shiat goes south, they throw up a lamb to be slaughtered after 8 years and the Democrats take over.

Democrats spend 8 years fixing the GOP fark ups and disasters and get us out of the wars and the whole time, the GOP is snarking and complaining about how the Democrats aren't fixing things fast enough.  And at the end of the 8 years, they talk about integrity of the office and how corrupt the Democrats are and weak on crime and our enemies are laughing at us...etc etc etc...

And we vote them back in and they go right back to provoking foreign wars and looting the government for as much as they can, and we continually have the unmitigated gall to act SURPRISED.

fark that.  2016 needs to be the point where we give the Democrats another 8 years in the WH.


Oh how cute, you think Democrats and Republicans are really any different than each other.

s22.postimg.org

/liberal
//the Overton window on political ideology in 'murica starts center right, and goes farther right.
 
2013-09-17 02:10:20 PM

Magnanimous_J: Madbassist1: Magnanimous_J: I think he's being facetious, but that is an interesting point. How should we define wealth? I'm definitely middle class. Last night I bought a pretty decent steak from the grocery store for about 5 bucks. That equates to about 10 minutes of work (before taxes). My electricity costs about I hour of work per month. My student loan payment is about 3 hours of work per month. Given that these middle class essentials are NOT a financial burden, how is taxing the rich more going to help me out?

My electricity bill was 350-400 bucks last month. If you make that in an hour, you are no longer middle class, bub.

I do live in an modern apartment building with concrete walls and no AC, but 400 bucks? Holy crap! How many swimming pools do you have at your house?


Im electric only. No gas.


Nutsac_Jim: Madbassist1: Nutsac_Jim: I'm sure you bought you house and car WITH CASH.

Yes, I did. Funny things happen when you save money. It grows into a bigger pile.

You're a farking liar.

Please.   I paid cash for my car and paid cash for my land.    I haven't build the house yet, simply because I don't want a mortgage
where if I cant pay for 4 months, the effing bank comes and takes it.


Oh, I get it. You're a minor liar, n ot an outrageous one. Still a farking liar.
 
2013-09-17 02:11:14 PM
Whose side on you on? Evil corporations or whiny underachievers?
 
2013-09-17 02:12:10 PM

Loadmaster: Assuming that all of this extra cash is not stuffed into mattresses somewhere, it's going to be put somewhere useful. Even sitting in a bank account or mutual fund, it's going to be funneled back into the economy through loans, investments, and yes, even payroll for new jobs.


And yet.
 
2013-09-17 02:12:16 PM

Zizzowop: [farm8.staticflickr.com image 500x362]
The world needs ditch-diggers too. I have zero imagination so I'm gonna sh*t out a stupid rich-boy platitude


Oh gods, STFU.
 
2013-09-17 02:13:18 PM
The recent 60 Minutes spot with the two MIT researchers talking about automation made me think that we're basically going to have to move towards an expanded welfare state, where it's easy to get on the dole and easy to stay on it.

Technology is always creating jobs, Brynjolfsson told Kroft. "It's always destroying jobs. But right now the pace is accelerating. It's faster we think than ever before in history. So as a consequence, we are not creating jobs at the same pace that we need to."
"And we ain't seen nothing yet," McAfee added.

Now, a lot of farkers might think, "Fine, I work in {some field that requires knowledge work or human interaction} so I'm not going anywhere", but as time goes on and the big operaions become more and more automated, locking in the wealth for the stakeholders and leaving fewer and fewer entry-level opportunities, there is going to be a lot of pressure to beef up the safety net.
 
2013-09-17 02:13:32 PM

doubled99: Whose side on you on? Evil corporations or whiny underachievers?


Both are wrong, so I am on the side of snide self important twits. (Yes I mean my side)
 
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