51 Percent Of All American Workers Make Less Than 30,000 Dollars A Year

[MuyLocoNC]

You don't get to just make claims and expect everyone to accept them. Prove it.

Sure he does. He's absolutely correct and doesn't have to prove anything. Fortunately, you don't set the rules of casual conversation and no one has to jump through your hoops.

Also, 51% is fucking atrocious. We need to get that number into the 70's or way too many goddamn people are still being overpaid.

 

[Darth Vapour]

thats the thing many people think well lets just default lol little do they know what horrific things would happen over night first of all the us dollar would collapse this means a sharp increase of everything if it cost you 120 bucks to fill your car expect 400 bucks to fill it now every us citizen would be ruined over night you think you had 5000 dollars in the bank to go there and find out there is -1 dollar yup the service fee charged to you lol.
housing market would crash omg it would be the end of what many wake up to every day everyones credit would dry up over night companies stores you name it would shut there doors , you think the rodney king riots were bad that would be not even comparable to what would happen
I couldnt imagine but sure national guard army would be sent in to kill whom ever on site ,

 

[UncleBuck]

That's $60k/yr, and if the bank doesn't want you to spend more than thirty percent of your take home on the mortgage, check out what you can't buy;

60k - 25% taxes = 45k, or $3750 take home x .30 = $1125 for a prospective mortgage payment. That payment will only allow you to buy about $175k worth of real estate, far too low for many even 'middle class' areas, let alone trendy ones. You can fucking forget Boulder!

To buy into yuppieland you need a six figure income, that's the sad truth. It's another reason why our country isn't doing so well, because as this thread discussed in the opening posts, there aren't that many people making that kind of money!

i found 4 places in boulder proper for under $1200 a month. single family homes. move in ready.

 

[UncleBuck]

Sure he does. He's absolutely correct and doesn't have to prove anything.

ok then.

if assertions are true, even without vidence, until proven otherwise, then let's do it that way.

you are a pedophile who rapes little kids. prove otherwise. until then, you remain a pedophile.

enjoy!

 

[ginwilly]

thats the thing many people think well lets just default lol little do they know what horrific things would happen over night first of all the us dollar would collapse this means a sharp increase of everything if it cost you 120 bucks to fill your car expect 400 bucks to fill it now every us citizen would be ruined over night you think you had 5000 dollars in the bank to go there and find out there is -1 dollar yup the service fee charged to you lol.
housing market would crash omg it would be the end of what many wake up to every day everyones credit would dry up over night companies stores you name it would shut there doors , you think the rodney king riots were bad that would be not even comparable to what would happen
I couldnt imagine but sure national guard army would be sent in to kill whom ever on site ,

That's definitely worst case scenario.

We could hope for what happened to GB when the sterling was replaced by the dollar but that was back when the dollar was still pegged to gold.

A few decades of struggling is the best we could hope for. Definitely a lost generation.

 

[Darth Vapour]

rebuilding credit people think it would be like Greece but not even close cause of the crashed us world currency
Thats the thing USA has been fighting to keep the us dollar as world currency and i think in the next decade the world currency is going to change personally .
all it takes is a country like RUSSIA or china to start dump US securities EVERYONE would follow suit , actually china has started slowly dumping


Central banks around the world are selling U.S. government bonds at the fastest pace on record, the most dramatic shift in the $12.8 trillion Treasury market since the financial crisis.

Sales by China, Russia, Brazil and Taiwan are the latest sign of an emerging-markets slowdown that is threatening to spill over into the U.S. economy. Previously, all four were large purchasers of U.S. debt.

While central banks have been selling, a large swath of other buyers has stepped in, including U.S. and foreign firms. That buying, driven in large part by worries about the world’s economic outlook, has helped keep bond yields at low levels from a historical standpoint.

But many investors say the reversal in central-bank Treasury purchases stands to increase price swings in the long run. It could also pave the way for higher yields when the global economy is on firmer footing, they say. but that is far from the truth

 

[Darth Vapour]

PS them other so called firms are rogue us companies playing the digital game

 

[ginwilly]

I think it was @heckler73 I had a discussion with a while back and he had some cool videos about it. I think it was him.

To what you are talking about, the dumping of the dollar.

To what I was referring to about the mixed currency, China, the IMF and the UN are all making a lot of noise, so I think it's a matter of when, not if.
http://moneymorning.com/2015/06/11/the-china-imf-plan-for-a-yuan-reserve-currency-will-topple-the-dollar/

Fair warning, this discussion always bring in the special people. There are folks who here who have never supported themselves will tell it's not ever going to happen. I wouldn't waste too much time, but if you are in a cat playing with a mouse kind of mood it can kill some time.

 

[Darth Vapour]

this is what i am thinking right now being the us dollar appears to be fairly strong well compared to canadian dollar is that its like the calm before the storm my guess honestly right after xmass the storm is going to hit and us dollar really starts to tumble fast n hard thats just my guess

 

[ginwilly]

this is what i am thinking right now being the us dollar appears to be fairly strong well compared to canadian dollar is that its like the calm before the storm my guess honestly right after xmass the storm is going to hit and us dollar really starts to tumble fast n hard thats just my guess

What's helped the dollar is the rest of the world is in shambles too. Look at the Euro and the Ruble. A digital made up currency is already what the Feds trade in when dealing with each other, must be nice. I'm actually bullish on the dollar short term, but China is becoming scarier by the year. They really don't play by the same rules the rest of us do.

It's funny but Trump is the only candidate I hear talking about China's role in our demise. He keeps saying he will go after China but he never says how or for what exactly. I'm not a fan of Trump as a politician, but he's the only one running that's actually brought it up. He may be uniquely qualified in that aspect with his dealings history.

 

[Darth Vapour]

you know as a Canadian and our recent vote all 3 were fuck tards really as for the presidential i hate to say it but Trump is the best candidate out of all of them

 

[ChesusRice]

you know as a Canadian and our recent vote all 3 were fuck tards really as for the presidential i hate to say it but Trump is the best candidate out of all of them

you take him then.

 

[ginwilly]

you know as a Canadian and our recent vote all 3 were fuck tards really as for the presidential i hate to say it but Trump is the best candidate out of all of them

You get the same fear with Trump that people had with Perot. A dictatorship.

Funny thing is, in hindsight we see Perot was right about a lot of things. I don't want him as POTUS, but I do want him to keep talking about real issues nobody else will talk about. If he stays in long enough he'll say what's popular though, they all do eventually.

 

[Not GOP]

You get the same fear with Trump that people had with Perot. A dictatorship.

Funny thing is, in hindsight we see Perot was right about a lot of things. I don't want him as POTUS, but I do want him to keep talking about real issues nobody else will talk about. If he stays in long enough he'll say what's popular though, they all do eventually.

Perot was an independent. Trump is running to "unify the Republican party" They don't have a leader right now.

 

[ginwilly]

Perot was an independent. Trump is running to "unify the Republican party" They don't have a leader right now.

The GOP is definitely directionless it seems.

At least they seem to realize the direction they've been going in with Bush/McCain/Romney was the wrong direction. So there's that, which is nice.

I honestly don't know what to think of Trump anymore. I still feel like I'm being trolled.

 

[UncleBuck]

I think it was @heckler73 I had a discussion with a while back and he had some cool videos about it. I think it was him.

To what you are talking about, the dumping of the dollar.

To what I was referring to about the mixed currency, China, the IMF and the UN are all making a lot of noise, so I think it's a matter of when, not if.
http://moneymorning.com/2015/06/11/the-china-imf-plan-for-a-yuan-reserve-currency-will-topple-the-dollar/

Fair warning, this discussion always bring in the special people. There are folks who here who have never supported themselves will tell it's not ever going to happen. I wouldn't waste too much time, but if you are in a cat playing with a mouse kind of mood it can kill some time.

go ahead and let me know when that happens, instead of just bleating about it decade after decade after decade hoping it will eventually come true.

that way you can have made one single prediction that came out to be true.

 

[UncleBuck]

The GOP is definitely directionless it seems.

no, they have a direction.

that direction is against blacks, gays, women, hispanics, and anyone else who is not a white christian hetero male.

demographics are destiny, and that destiny is certain loss in a 50 state election.

dumbass.

 

[ChesusRice]

You get the same fear with Trump that people had with Perot. A dictatorship.

Funny thing is, in hindsight we see Perot was right about a lot of things. I don't want him as POTUS, but I do want him to keep talking about real issues nobody else will talk about. If he stays in long enough he'll say what's popular though, they all do eventually.

I hope Trump wins the primary
I don't fear him, I pray he wins

HE WILL LOSE in the GENERAL ELECTION

Trump is no Ross Perot. I voted for Perot

 

[Not GOP]

The GOP is definitely directionless it seems.

At least they seem to realize the direction they've been going in with Bush/McCain/Romney was the wrong direction. So there's that, which is nice.

I honestly don't know what to think of Trump anymore. I still feel like I'm being trolled.

You are being trolled. Cheesy and buck have 5 responses to every post you make. I'm jealous.
Wish people hung on to my every word, like they do yours.

 

[Rob Roy]

What's helped the dollar is the rest of the world is in shambles too. Look at the Euro and the Ruble. A digital made up currency is already what the Feds trade in when dealing with each other, must be nice. I'm actually bullish on the dollar short term, but China is becoming scarier by the year. They really don't play by the same rules the rest of us do.

It's funny but Trump is the only candidate I hear talking about China's role in our demise. He keeps saying he will go after China but he never says how or for what exactly. I'm not a fan of Trump as a politician, but he's the only one running that's actually brought it up. He may be uniquely qualified in that aspect with his dealings history.

That is a good point ..that the strength of the dollar should be viewed in relationship to the other shitty currencies.

 

[Darth Vapour]

Well if we look at the strength of currency it appears there are many more valuable then the US dollar for instance the kuwaiti dinar,Euro, and british pound are also strong currencies
1 Kuwaiti Dinar = 3.31 us dollars
1 Euro = 1.10 US dollar
1 british pound = 1.53 dollar
1 Gibralter pound - 1.54 us
So although your currency shows that its strong can be like when the governement influenced the stock market to look good when it was worthless , looks can be deceiving, its all about buying power ,, and people got to snap out of well we imaginably make more money , pumping the market with useless money is what USA has been doing for years , Any one can clearly see it has not worked sure it has kept them from bankruptcy but nothing really has changed you are still in recession, its the lies and deception your government has made in changing numbers making it look like your economy is looking better it never has and it never will.
Do you not find it ironic since the magic day of 911 that it became more apparent .
USA could not keep hiding it from the world .. just like a poker game a good player can only bluff for so long before he is read .. and right after 911 all shit hit the fan stocks crashed etc like all the assets blew up with twin towers lol when there never was assets there to begin with ,, just shows how deep the corruption of the federal Government is ..
A good stock broker sees signs before something bad is going to happen with stocks ,, but not the federal government and why ? Cause no matter what they could not change things , it was like it was set in stone ..
Any president that goes into office cannot change a fucking thing he has to go by what is already set in place thats the sad thing even though your a president your hands are tied all you are is a figure of imagination to the public nothing more and a whole lot less