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Blart
09-20-2013, 11:37 AM
http://economistsview.typepad.com/economistsview/2013/09/state-inequality-visualizations.html

The Gini coefficient measures the gap between rich and poor.

Red is for a low gap, green is a high gap.
http://i.imgur.com/Ae0VQFM.gif


This gif shows the change in income going to the 1%.

Red is low, green is high.

http://i.imgur.com/aqzaxe9.gif




In other news, the house voted to cut funding for food stamps.

barryr
09-21-2013, 06:14 AM
Obama and his transferring of wealth is really more about those with just a little more than those in poverty pay more and give up their "wealth." The big corporations and unions giving millions to the DNC keep theirs.

pricejj
09-21-2013, 09:51 AM
1. All the bailouts and QE's have made the acquisition of REAL assets impossible for most Americans.
2. Under the Socialist Democrat policies of the last 5 years, the gap between the rich and the poor has grown increasingly larger.
3. Obamacare is a massive transfer of wealth from middle class taxpayers to the corporations (and 1%).

Congratulations Blart (and others like him) for getting exactly what you voted for. You cannot say you weren't warned.

W*GS
09-21-2013, 10:03 AM
2. Under the Socialist Democrat policies of the last 5 years, the gap between the rich and the poor has grown increasingly larger.

Nonsensical.

Meck77
09-21-2013, 10:05 AM
So anyone know if Warren Buffet has volunteered to pay more taxes? Obama's buddy did admit he's not paying enough!

It's a big ass joke that the federal government gives a rats ass about the people. They do just enough to prevent civil unrest. Meanwhile the average joe sits on his couch and b****es on the internet.

How many of you have actually ever set foot in your state capital to complain? Speak on a bill? Meet with your representatives?

Anyone? Anyone?

Rohirrim
09-21-2013, 12:01 PM
In an interview on "Squawk Box," the founder of hedge fund Duquesne Capital said that the Federal Reserve's policy of quantitative easing was inflating stocks and other assets held by wealthy investors like himself. But the price of making the rich richer will be paid by future generations.

"This is fantastic for every rich person," he said Thursday, a day after the Fed's stunning decision to delay tightening its monetary policy. "This is the biggest redistribution of wealth from the middle class and the poor to the rich ever."

"Who owns assets—the rich, the billionaires. You think Warren Buffett hates this stuff? You think I hate this stuff? I had a very good day yesterday."

Druckenmiller, whose net worth is estimated at more than $2 billion, said that the implication of the Fed's policy is that the rich will spend their wealth and create jobs—essentially betting on "trickle-down economics."

"I mean, maybe this trickle-down monetary policy that gives money to billionaires and hopefully we go spend it is going to work," he said. "But it hasn't worked for five years."http://www.nbcnews.com/business/hedge-fund-billionaire-feds-move-fantastic-rich-4B11199524

I didn't vote for Obama in this last election, but I've been seriously shocked at how wrong he has been on these issues. I don't think Bush or Romney could have done a much better job at catering to the desires of the rich and powerful to the exclusion of everybody else. Five years ago, the largest ponzi scheme in history destroyed our economy. The FBI found indications of widespread fraud. Number of indictments under Obama? 0. Instead, Obama created a new philosophy: Too big to fail. As the hedge fund manager above points out, Obama has turned into the biggest supply sider in America.

pricejj
09-21-2013, 04:14 PM
Nonsensical.

Look at Blart's graphs if you don't believe it. Not only is the distance between rich and poor widening, the rate of separation has increased.

Like I said, don't say I didn't warn you. The funny part is, Blart doesn't know that he has proven that all the policies he promotes simply don't work...


...unless that is, you want to make give more wealth to rich, in which case he's done a fabulous job.

W*GS
09-21-2013, 04:25 PM
Look at Blart's graphs if you don't believe it. Not only is the distance between rich and poor widening, the rate of separation has increased.

How is that "socialism"?

UltimateHoboW/Shotgun
09-21-2013, 05:00 PM
https://scontent-b-sea.xx.fbcdn.net/hphotos-ash3/61099_10151683933175896_272249158_n.jpg

houghtam
09-21-2013, 05:17 PM
https://scontent-b-sea.xx.fbcdn.net/hphotos-ash3/61099_10151683933175896_272249158_n.jpg

You forgot "uppity"...because if that black man is anything, he's uppity.

Rohirrim
09-21-2013, 07:05 PM
Look at Blart's graphs if you don't believe it. Not only is the distance between rich and poor widening, the rate of separation has increased.

Like I said, don't say I didn't warn you. The funny part is, Blart doesn't know that he has proven that all the policies he promotes simply don't work...


...unless that is, you want to make give more wealth to rich, in which case he's done a fabulous job.

He's doing the same thing Bush did. When Bush did it, you loved it. When Obama does it, it's socialism.

BTW, I laugh my ass off every time I hear some Right wingnut call Obama a socialist.

pricejj
09-22-2013, 12:37 AM
He's doing the same thing Bush did. When Bush did it, you loved it. When Obama does it, it's socialism.

BTW, I laugh my ass off every time I hear some Right wingnut call Obama a socialist.

WTF are you talking about? I never voted for Bush, and never supported the "War on Terror". Keep trying to insult people with your pathetic "wingnut" bullcrap. The only wingnut I see, is you.

You're probably one of the guys who was completely against Bush's war on terror, but in complete support of Obama's war on terror. Give me a freaking break.

pricejj
09-22-2013, 12:46 AM
How is that "socialism"?

How else would you define government takeovers and continuous massive re-distribution of tax dollars? The current administration's utter and complete failure, doesn't change their intent.

In your mind, Socialism is a happy utopia where everyone works like ants in a colony. Reality is a far different animal.

houghtam
09-22-2013, 01:34 AM
How else would you define government takeovers and continuous massive re-distribution of tax dollars? The current administration's utter and complete failure, doesn't change their intent.

In your mind, Socialism is a happy utopia where everyone works like ants in a colony. Reality is a far different animal.

If you were a true anti-socialist and not a Bush supporter, you would have included at LEAST the last 12 years.

Your agenda is clear.

Begone.

BTW, how is Jared Crick doing?

:)

Taco John
09-22-2013, 03:32 AM
It's pretty disgusting. It's only going to get worse now that Bernanke has announced that they're going to continue printing money.

barryr
09-22-2013, 06:18 AM
The rich are getting richer, the poor poorer, and the debt is out of control, but Obama is doing great and anything bad happening isn't his fault of course.

pricejj
09-22-2013, 09:44 AM
If you were a true anti-socialist and not a Bush supporter, you would have included at LEAST the last 12 years.

Your agenda is clear.

Begone.

BTW, how is Jared Crick doing?

:)

Really the only thing I think Bush was guilty of is going along with the Iraq and Afghanistan wars, which I've decried many, many times. Talk about Bush all you want, I don't really care. Remember, almost all the Democrats and Republicans voted to go to war in Iraq and Afghanistan (and also voted to extend those wars). Frankly, Bush is super-old news, and doesn't have anything to do with the US current economic state.

ZIRP, QE, Obamacare, Obama's expansion of the war on terror, and his dictator-like actions are much more destructive to this country.

pricejj
09-22-2013, 09:46 AM
I soured on Crick after the combine, and wanted Wolfe. However, Crick did start the 1st game of the year, and is expected to play 50% of snaps this year.

W*GS
09-22-2013, 10:39 AM
Frankly, Bush is super-old news, and doesn't have anything to do with the US current economic state.

The Bush regime destroyed the economy - it takes longer to build than to destroy. His cabal caused damage that will take decades to fix.

B-Large
09-22-2013, 11:29 AM
1. All the bailouts and QE's have made the acquisition of REAL assets impossible for most Americans.
2. Under the Socialist Democrat policies of the last 5 years, the gap between the rich and the poor has grown increasingly larger.
3. Obamacare is a massive transfer of wealth from middle class taxpayers to the corporations (and 1%).

Congratulations Blart (and others like him) for getting exactly what you voted for. You cannot say you weren't warned.

I agree with point #1... And chance to run a side by side the income gap map, and a chart that shows the increase of finance as share of GDP?

Blart
09-22-2013, 02:39 PM
It's pretty disgusting. It's only going to get worse now that Bernanke has announced that they're going to continue printing money.


Yeah, boy that inflation is out of control Hilarious! You austrians never give up.


Aside from all the economic anti-math voodoo, I'm glad that everyone in this thread acknowledges there's a wealth gap and it's increasing. That's the important point.

UltimateHoboW/Shotgun
09-22-2013, 03:02 PM
You forgot "uppity"...because if that black man is anything, he's uppity.

What a $h!tty way to try and inject race into this. But typical of racist like yourself.

Blart
09-22-2013, 03:24 PM
1. All the bailouts and QE's have made the acquisition of REAL assets impossible for most Americans.

How?

2. Under the Socialist Democrat policies of the last 5 years, the gap between the rich and the poor has grown increasingly larger.

Which new socialist policies are you speaking of? Can you name three of them, and how much they increased by, and how much this directly affected the wealth gap?

Here's a hint: there are no socialist policies from the last 5 years.

3. Obamacare is a massive transfer of wealth from middle class taxpayers to the corporations (and 1%).

By how much? Can I get a clear number on this? And your source?


Correct me if I'm wrong, but it seems you're regurgitating rhetoric you've heard from right-wing sources. If you have actual numbers and evidence, I apologize for assuming otherwise and would love to see them.

pricejj
09-24-2013, 05:47 PM
Aside from all the economic anti-math voodoo, I'm glad that everyone in this thread acknowledges there's a wealth gap and it's increasing. That's the important point.

Do you even realize that this is largely attributable to the policies adopted by the administration you campaigned and voted for?

TonyR
09-25-2013, 10:08 AM
A bit tangential to the thread topic but a couple of good posts from Kevin Drum on the extent austerity has hurt the recovery.

http://www.motherjones.com/politics/2013/09/austerity-reinhart-rogoff-stimulus-debt-ceiling

http://www.motherjones.com/kevin-drum/2013/09/obama-austerity-wrecked-american-economy

BroncoBeavis
09-25-2013, 10:22 AM
Yeah, boy that inflation is out of control Hilarious! You austrians never give up.


Aside from all the economic anti-math voodoo, I'm glad that everyone in this thread acknowledges there's a wealth gap and it's increasing. That's the important point.

How is the wealth gap 'the important point'

Does it matter to you how much more stuff people you don't know have.? Is life not fair?

The real problem is lack of industry and middle class opportunity. And that doesn't come via federal regulation. Although it can be ended by it.

Arkie
09-25-2013, 11:05 AM
It goes without saying that the bailouts help the wealthy, but a lot of people still don't realize that QE is helping the wealthy more than it helps the poor. This increases the wealth gap. It would be better to have the $85 billion per month go directly to the people. At least our children's future debt could be used to benefit everybody today and not just the wealthy.


Monetary easing has benefited asset prices. And the top 1 percent owns an outsized share of assets — especially stocks.

So in re-inflating stocks, the Fed has contributed to the uneven recovery. The wealth of the wealthy is largely back to precrisis levels, while the rest of America is still climbing back. The Bank of England released a report this summer stating that 40 percent of the stock-market gains from the BOE's quantitative easing program had gone to the wealthiest 5 percent of households.

Economist Anthony Randazzo of the Reason Foundation wrote that QE "is fundamentally a regressive redistribution program that has been boosting wealth for those already engaged in the financial sector or those who already own homes, but passing little along to the rest of the economy. It is a primary driver of income inequality."

http://www.thefiscaltimes.com/Articles/2013/03/26/Should-the-Federal-Reserve-Worry-about-Wealth-Inequality

Blart
09-25-2013, 12:49 PM
Do you even realize that this is largely attributable to the policies adopted by the administration you campaigned and voted for?

I know the gifs I posted can be confusing, but Obama wasn't our president in the late 70's, when our country began cutting benefits to the lower classes, which has been ongoing.

Welfare benefits in the USA, per recipient, adjusted for inflation
http://upload.wikimedia.org/wikipedia/commons/thumb/6/66/Welfare_Benefits_Payments_Graph.gif/800px-Welfare_Benefits_Payments_Graph.gif
http://aspe.hhs.gov/hsp/indicators08/apa.shtml#ftanf2

http://www.nelp.org/page/-/rtmw/uploads/Real-Value-Minimum-Wage-NELP.jpg

Secondly, you don't know who I voted for, and you have no clue who I campaigned for, because just like your football & political opinions, you rush to judgements without adequate evidence.

For the record, since I live in a non-swing state, I voted for Jill Stein. I campaigned for Elizabeth Warren (she's now doing a ****ing awesome job taking on the banks (http://www.youtube.com/watch?v=2F6YkBa_Tig)) and Alan Grayson (http://dontattacksyria.com/) (who did a wonderful job stopping a war on Syria) and they both won. If I lived in a swing state, I'd have held my nose and voted for Obama. Capitalism, imperialism, and environmental destruction with an embarrassed smile was much preferable to the bold-faced, unabashed capitalism & imperialism of Romney/Ryan.

Fedaykin
09-25-2013, 01:11 PM
How is the wealth gap 'the important point'

Does it matter to you how much more stuff people you don't know have.? Is life not fair?

The real problem is lack of industry and middle class opportunity. And that doesn't come via federal regulation. Although it can be ended by it.

The wealth gap matters because economic power fuels political power. As wealth continues to accumulate in the hands of a tiny minority, our democracy is more and more undermined.

Perhaps more importantly wealth inequality leads, in the long term, to economic instability (i.e. what we're seeing now) -- especially in a consumption driven economy. As I oft repeat: doesn't matter now much money the "job creators" have if there is no one that can afford to give patronage to the businesses those "job creators" might create. So no businesses are created or expanded, and no new jobs are created.

Captial doesn't create jobs. Demand creates jobs. Neither is sufficient on its own.

BroncoBeavis
09-25-2013, 01:59 PM
I know the gifs I posted can be confusing, but Obama wasn't our president in the late 70's, when our country began cutting benefits to the lower classes, which has been ongoing.

Welfare benefits in the USA, per recipient, adjusted for inflation
http://upload.wikimedia.org/wikipedia/commons/thumb/6/66/Welfare_Benefits_Payments_Graph.gif/800px-Welfare_Benefits_Payments_Graph.gif
http://aspe.hhs.gov/hsp/indicators08/apa.shtml#ftanf2

Secondly, you don't know who I voted for, and you have no clue who I campaigned for, because just like your football & political opinions, you rush to judgements without adequate evidence.

For the record, I voted for Jill Stein and campaigned for Elizabeth Warren (she's now doing a ****ing awesome job taking on the banks (http://www.youtube.com/watch?v=2F6YkBa_Tig)) and Alan Grayson (http://dontattacksyria.com/) (who did a wonderful job stopping a war on Syria). If I lived in a swing state, I'd have held my nose and voted for Obama. Capitalism, imperialism, and environmental destruction with an embarrassed smile was much preferable to the bold-faced, unabashed capitalism & imperialism of Romney/Ryan.

It's funny that in your view widespread wealth disparity growth is driven by marginal cuts in welfare benefits (which don't really exist. We spend more on social welfare than ever before) But the insinuation doesn't pass even a basic economic sniff test. What is your graph saying? If we paid welfare recipients $240/month instead of $150, the wealth gap would meaningfully shrink? That wouldn't touch it.

The growth in wealth disparity is mostly a product of deindustrialization, and its impact on low and middle-class jobs. If you want the lower classes to catch up, they need decent work. Not a slightly larger federal check in the mail.

BroncoBeavis
09-25-2013, 02:01 PM
The wealth gap matters because economic power fuels political power. As wealth continues to accumulate in the hands of a tiny minority, our democracy is more and more undermined.

Perhaps more importantly wealth inequality leads, in the long term, to economic instability (i.e. what we're seeing now) -- especially in a consumption driven economy. As I oft repeat: doesn't matter now much money the "job creators" have if there is no one that can afford to give patronage to the businesses those "job creators" might create. So no businesses are created or expanded, and no new jobs are created.

Captial doesn't create jobs. Demand creates jobs. Neither is sufficient on its own.

Wealth disparity is a symptom. Not the disease.

Fedaykin
09-25-2013, 02:06 PM
Wealth disparity is a symptom. Not the disease.

I agree. The disease is supply side foolishness.

Blart
09-25-2013, 02:15 PM
The growth in wealth disparity is mostly a product of deindustrialization, and its impact on low and middle-class jobs. If you want the lower classes to catch up, they need decent work. Not a slightly larger federal check in the mail.

Ah yes, and all we have to do to bring those factories back home is to change our minimum wage to a bowl of rice per day, padlock the fire exits (http://www.independent.co.uk/news/world/asia/bangladesh-clothing-workers-still-exploited-five-months-after-factory-fire-panorama-investigation-finds-8833102.html), and expect to lose a hand or two while we work unpaid overtime. Free market at work.

Or we could have copied Nordic/Western European countries and made it difficult for our companies offshore in the first place.
http://www.economist.com/news/special-report/21569567-european-jobs-are-not-coming-back-because-few-them-went-first-place-staying-put

BroncoBeavis
09-25-2013, 02:16 PM
I agree. The disease is supply side foolishness.

Do you realize that blaming Reagan at this point would've been akin to Reagan blaming Truman? At some point the excuses have to expire.

Fedaykin
09-25-2013, 02:31 PM
Do you realize that blaming Reagan at this point would've been akin to Reagan blaming Truman? At some point the excuses have to expire.

Had we stopped playing the trickle down game, you'd have a point.

BroncoBeavis
09-25-2013, 02:35 PM
Had we stopped playing the trickle down game, you'd have a point.

Yeah, good old supply-side Clinton just kept it rollin' :)

I'd say we were closer to never really trying it than we are to keeping it alive today.

But that's a whole other No True Scotsman rabbit trail.

Fedaykin
09-25-2013, 02:55 PM
Yeah, good old supply-side Clinton just kept it rollin' :)

I'd say we were closer to never really trying it than we are to keeping it alive today.

But that's a whole other No True Scotsman rabbit trail.

No president since Reagan has actually attempted to stop the supply side crap.

Blart
09-25-2013, 03:01 PM
No president since Reagan has actually attempted to stop the supply side crap.

Truth.

It wasn't until 2008 that the Chicago School's influence finally broke, only to come back in full force in 2010 with the austerity wave.

http://en.wikipedia.org/wiki/History_of_economic_thought

BroncoBeavis
09-25-2013, 04:01 PM
No president since Reagan has actually attempted to stop the supply side crap.

You do realize that "supply side" economics is about far more than just tax rates.

pricejj
09-25-2013, 05:55 PM
I know the gifs I posted can be confusing, but Obama wasn't our president in the late 70's, when our country began cutting benefits to the lower classes, which has been ongoing.

I'm sorry that you are confused by your own graphs. Also not sure what TANF benefits in 2007 have anything to do with the current administration's assault on the middle class.

Take a look at this graph. Looks like welfare benefits have been exploding to me. What do you think?

http://mercatus.org/sites/default/files/food-stamps-new-chart-580.jpg

barryr
09-27-2013, 06:35 AM
The Obama supporters complained the republicans were getting rid of the middle class, if even one exists anyway, but fail to show how Obama has done a thing to help. Sorry, but raising everyone's taxes multiple ways doesn't do that. Record numbers of people on government assistance of some sort doesn't either. But glad we have the time and money to mess with Syria with the shape our economy is in, when liberals and democrats used to believe such things were a waste even when the economy was in good shape, but as we know, it's different when democrats do it.

TonyR
09-27-2013, 06:41 AM
...raising everyone's taxes multiple ways doesn't do that.

Can you give us some examples of these "multiple" tax raises you've experienced since Obama took office?

pricejj
09-28-2013, 12:19 AM
Can you give us some examples of these "multiple" tax raises you've experienced since Obama took office?

Obamacare has 18 of them.

http://blog.heritage.org/2012/08/20/obamacares-18-new-tax-hikes/

pricejj
09-28-2013, 12:29 AM
Massive asset inflation, ZIRP, deliberate devaluation of the US dollar are other method's of monetary manipulation that act as a tax for poor, and those who hold dollars (and not real assets).

pricejj
09-28-2013, 12:35 AM
Not only does the principal on Obama's debt have to paid for at some point, but the interest on his debt also has to be paid monthly.

Taco John
09-28-2013, 12:57 AM
Yeah, boy that inflation is out of control Hilarious! You austrians never give up.


Aside from all the economic anti-math voodoo, I'm glad that everyone in this thread acknowledges there's a wealth gap and it's increasing. That's the important point.

Inflation is awful right now. Have you bought deli meat lately?

These threads are always a waste of time because progressives absolutely refuse to examine the federal reserves role in this stuff, which is what I've come to expect. Even if I ever wanted to become a quote unquote "progressive" I'd have to put on so many blinders and then defend so many corrupt people that I'd never feel clean.

The nice thing about being a libertarian is that I was able to evicerate GWB without feeling like I was losing anything. Meanwhile, progressives defend Obama like he's actually done anything worthwhile for the progressive cause.

Guess what - libertarians don't care that your gay. We don't care if people smoke pot. We are anti war. And best of all - we actually make sure the people we vote for actually conduct themselves that way as well.

I'll never understand why so-called "progressives" think they're getting anything by voting for Democrats except the ability to say they didn't vote for a Republican. I haven't voted for a Republican president since I was able to vote. I only vote for people who I believe will honestly represent me.

TonyR
09-28-2013, 07:59 AM
Obamacare has 18 of them.


Have you been impacted by any of them yet? (I know the answer, just wondering if you do...)

pricejj
09-28-2013, 10:08 AM
Have you been impacted by any of them yet? (I know the answer, just wondering if you do...)

Yes of course, effects have been accumulating since the law was passed. If you did your research, you would find that many of the direct tax implications for the middle-class begin in 2014 (hence the dispute in congress).

Anyway, you asked if someone could name a single tax that that has been raised during the Obama administration. Now I've named dozens. Every time I answer a question, you ignore my answer and ask a new question? Sounds like a great game that I want no part of.

houghtam
09-28-2013, 10:19 AM
Yes of course, effects have been accumulating since the law was passed. If you did your research, you would find that many of the direct tax implications for the middle-class begin in 2014 (hence the dispute in congress).

Anyway, you asked if someone could name a single tax that that has been raised during the Obama administration. Now I've named dozens. Every time I answer a question, you ignore my answer and ask a new question? Sounds like a great game that I want no part of.

Good, then STFU.

TonyR
09-28-2013, 10:20 AM
Yes of course, effects have been accumulating since the law was passed. If you did your research, you would find that many of the direct tax implications for the middle-class begin in 2014 (hence the dispute in congress).

Anyway, you asked if someone could name a single tax that that has been raised during the Obama administration. Now I've named dozens. Every time I answer a question, you ignore my answer and ask a new question? Sounds like a great game that I want no part of.

So you're saying that tax increases that start in 2014 have already impacted you? Suggesting you've dabbled in time travel?

houghtam
09-28-2013, 10:46 AM
So you're saying that tax increases that start in 2014 have already impacted you? Suggesting you've dabbled in time travel?

He needs to get with UltimateTardletW/Keyboard. LOL

pricejj
09-28-2013, 03:37 PM
So you're saying that tax increases that start in 2014 have already impacted you? Suggesting you've dabbled in time travel?

Health insurance prices, drug prices, etc. skyrocketed once Obamacare was passed. I worked in a pharmacy for 12 years, and saw the effects firsthand, many drugs doubled and tripled in price.

There are plenty of other tax increases that I mentioned, also. Not to mention uncountable tax increases and fees by Democrats at the state level. Democrats in Colorado want to raise the income tax rate in Colorado from 4.63% to 5.35%. Fortunately, the tax increase has little public support and would get trounced this November if it's on the ballot.

pricejj
09-28-2013, 03:42 PM
Good, then STFU.

Wait a minute. Tonyr claimed that taxes have not raised even one time during the Obama administration (or he challenged us to name one). Is this something that you are also claiming?

I named dozens. Is this something that you dispute, or are you just another dishonest, misinformed troll?

UltimateHoboW/Shotgun
09-30-2013, 10:31 PM
https://scontent-a-dfw.xx.fbcdn.net/hphotos-ash3/1385714_647833785237662_98558267_n.jpg

Broncos_OTM
10-05-2013, 10:01 PM
So anyone know if Warren Buffet has volunteered to pay more taxes? Obama's buddy did admit he's not paying enough!

It's a big ass joke that the federal government gives a rats ass about the people. They do just enough to prevent civil unrest. Meanwhile the average joe sits on his couch and b****es on the internet.

How many of you have actually ever set foot in your state capital to complain? Speak on a bill? Meet with your representatives?

Anyone? Anyone?
This this andd this

Broncos_OTM
10-05-2013, 10:03 PM
How is the wealth gap 'the important point'

Does it matter to you how much more stuff people you don't know have.? Is life not fair?

The real problem is lack of industry and middle class opportunity. And that doesn't come via federal regulation. Although it can be ended by it.
Coughthanksnaftacough

L.A. BRONCOS FAN
10-09-2013, 07:13 PM
Watch the 1% gobble up the country's income

And watch the right-wing idiots and lunatics on this board defend them every step of the way.

Rohirrim
10-09-2013, 09:00 PM
https://scontent-a-dfw.xx.fbcdn.net/hphotos-ash3/1385714_647833785237662_98558267_n.jpg

"The economic anarchy of capitalist society as it exists today is, in my opinion, the real source of the evil. We see before us a huge community of producers the members of which are unceasingly striving to deprive each other of the fruits of their collective labor - not by force, but on the whole in faithful compliance with legally established rules. I am convinced there is only one way to eliminate these grave evils, namely through the establishment of a socialist economy, accompanied by an educational system which would be oriented toward social goals."

- Albert Einstein, The World As I See It (1949)

Eldorado
10-10-2013, 11:31 AM
Guys, may I make a suggestion? After reading this thread and others like it, I was wondering if maybe the discourse would be more productive if we all agreed to refrain from disparaging name calling and such. It might allow for the more productive ideas and dialog to come to the forefront.

Just a thought.





































Just kidding, you fvk tards. Carry on.

barryr
10-10-2013, 11:37 AM
Guys, may I make a suggestion? After reading this thread and others like it, I was wondering if maybe the discourse would be more productive if we all agreed to refrain from disparaging name calling and such. It might allow for the more productive ideas and dialog to come to the forefront.

Just a thought.



Just kidding, you fvk tards. Carry on.

But the Obama supporters would have nothing left to post.

W*GS
10-10-2013, 11:55 AM
But the Obama supporters would have nothing left to post.

Today's liberals are more fascists than anything else.

Shove it, dork.

L.A. BRONCOS FAN
10-12-2013, 09:54 PM
http://www.bartcop.com/tb-firebugs_low.jpg

TonyR
10-16-2013, 12:56 PM
As the corporate-governance experts Charles Elson and Craig Ferrere write in a recent paper, boards at most companies use what’s called “peer benchmarking.” They look at the C.E.O. salaries at peer-group firms, and then peg their C.E.O.’s pay to the fiftieth, seventy-fifth, or ninetieth percentile of the peer group—never lower. This leads to the so-called Lake Wobegon effect: every C.E.O. gets treated as above average. With all the other companies following the same process, salaries ratchet inexorably higher. “Relying on peer-group comparisons, the way boards do, mathematically guarantees that pay is going to go up,” Elson told me. “Higher pay becomes a kind of self-fulfilling prophecy.” http://www.newyorker.com/talk/financial/2013/10/21/131021ta_talk_surowiecki

UltimateHoboW/Shotgun
10-16-2013, 02:51 PM
https://scontent-a-sjc.xx.fbcdn.net/hphotos-frc3/1378066_10151741287002971_707131343_n.jpg

L.A. BRONCOS FAN
10-18-2013, 08:00 PM
http://www.bartcop.com/boners-remorse-13.jpg

UltimateHoboW/Shotgun
10-22-2013, 04:06 PM
https://scontent-b-dfw.xx.fbcdn.net/hphotos-ash4/1383691_10151752706477971_1816443360_n.jpg

Look at that dumba$$ !

L.A. BRONCOS FAN
10-23-2013, 01:49 AM
^

But, according to the Teabillies, that's just not possible insofar as Obama is a socialist.

TeaTards are some confused individuals.

UltimateHoboW/Shotgun
10-23-2013, 11:59 AM
https://scontent-a-dfw.xx.fbcdn.net/hphotos-prn2/s403x403/1185572_547135218693787_1364241161_n.jpg

Meck77
10-31-2013, 09:34 AM
It's been very clear to me for more than 6 months that the fed has no other option but to continue with QE. They just voted 9-1 to continue. More and more are starting to realize this also. The game in my mind is play hard but lock in profits because when it pops she's gonna blow harder than ever before. Rest assured the big guys will get out fast and furious. Don't try and time the top people. Don't be greedy or you will get burned badly.

http://blogs.marketwatch.com/thetell/2013/10/31/this-is-why-qe-happy-central-banks-arent-scared-of-asset-bubbles/

Requiem
10-31-2013, 09:37 AM
What is happening to America?

DenverBrit
10-31-2013, 10:00 AM
What is happening to America?

It's politics have degenerated into 'third world,' all that's missing is a military coup.

This board is a microcosm of today's partisan arguing. The economy doesn't matter as long as the party scores points.

It's become a political 'paintball' league of ideological simpletons.

Rohirrim
10-31-2013, 11:33 AM
It's politics have degenerated into 'third world,' all that's missing is a military coup.

This board is a microcosm of today's partisan arguing. The economy doesn't matter as long as the party scores points.

It's become a political 'paintball' league of ideological simpletons.

The two parties had no problem at all coming together to pass the Banksters & Wall Street's rewriting of Dodd/Frank regulations. http://www.orangemane.com/BB/showpost.php?p=3956974&postcount=1

I think there's a big part of your answer right there. This whole left/right lockjaw paradigm is the bull**** they feed the masses. They have no problem at all coming together when the proper entities want something to happen and are willing to pay for it. Like we learned in Watergate: "Follow the money." The money has been flowing steadily upwards for thirty years, regardless of who gets elected. It's been the biggest redistribution of wealth in history.

And now they want the money that's being "wasted" on the poor, in SS, Medicaid and Medicare.

Look at the Iraq War. Did we succeed? Was a critical national purpose fulfilled? No. Iraq is worse than ever. It cost the American taxpayer a trillion dollars and thousands of dead Americans, not to mention who knows how many dead Iraqis. The corporate mercenaries who followed our military into Iraq made fortunes. What do they care if the structures they build fall into the dirt once they leave? The fat cow government has already paid them. Party on.

Rohirrim
11-01-2013, 12:11 AM
Interesting view from one multi-billionaire:

Yes I know many of you money people worked hard as did I, and you survived and prospered where others did not. A fair economic system should always allow for an opportunity to succeed. Congratulations. Smoke that cigar, enjoy that Chateau Lafite 1989. But (mostly you guys) acknowledge your good fortune at having been born in the ‘40s, ‘50s or ‘60s, entering the male-dominated workforce 25 years later, and having had the privilege of riding a credit wave and a credit boom for the past three decades. You did not, as President Obama averred, “build that,” you did not create that wave. You rode it. And now it’s time to kick out and share some of your good fortune by paying higher taxes or reforming them to favor economic growth and labor, as opposed to corporate profits and individual gazillions.


http://www.huffingtonpost.com/2013/10/31/bill-gross-scrooge-mcducks-taxes_n_4182039.html

Hotwheelz
11-01-2013, 04:38 AM
Both parties suck, stop pretending like they have your interests at heart.

Rohirrim
11-01-2013, 06:23 AM
$5 billion dollar cut to food stamps starts Friday.

Meanwhile, the average family in America has $6,000 per year removed from their bank accounts and turned over to corporations. http://www.storyleak.com/corporate-welfare-costs-average-american-family-6000-year/

barryr
11-01-2013, 04:45 PM
The democrats take in more money from the wealthy than anybody else and that's been the case for years now, but let's pretend they don't since that ruins their 40 year old narrative.

UltimateHoboW/Shotgun
11-09-2013, 09:54 AM
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