gogrow
confused
+rep to you sir from one of the bottom 150
Here it comes... Economic Stimulus
- Thread starter diggitydank420
- Start date
+rep to you sir from one of the bottom 150
medicineman
New Member
Thanks, I'm also in the bottom 150, way way down towards the bottom, but not quite scraping the bottom, barely afloat.
gogrow
confused
we've always been scraping.... thats whats kinda funny about the shitty economy now.... except for losing my job, our life has stayed exactly the same.... if i didnt have the internet, i wouldnt even know our economy is in shambles
TheBrutalTruth
Well-Known Member
MedoMao, you should stop pretending to be something that you're not.
medicineman
New Member
TBT, you know nothing about me, only what I've allowed you to see on this site. I'll pretend to be any damn thing I want on this here site and there is nothing you can do to stop me. For all you know, I could have a million in cold hard cash in my safe, (I DO), in what currency I'll not disclose, but you could say I'm a millionaire, on the other hand, My yearly income is like a pile of spider crap, miniscule. Just present your theories and allow me to present mine, for this is 99% of what this political site is about, bullshit!
TheBrutalTruth
Well-Known Member
I don't think that 99% of this site is dedicated to your political theories...
medicineman
New Member
Well if they were, it would be a lot more intelligent site.
misshestermoffitt
New Member
We've tried giving all the tax breaks to the rich thinking things would "trickle down" and they didn't. The rich got richer, the middle class is damn near extinct and the lower class makes up most of the population of America.
We've already proven that a "free market" society just leaves the doors open for embezzlement and outright theft. Now they've got our hard earned money in their hands and they're still crying while cutting bonus checks.
The stimulas should have went to the lower class then the upper class could compete for us to spend it on their products.
We're robbing Peter to pay Paul, when Bernie Madoff did that, he got sort of arrested and almost in trouble, yet the government does the same thing?
It's a wonder none of them learn.....
We've already proven that a "free market" society just leaves the doors open for embezzlement and outright theft. Now they've got our hard earned money in their hands and they're still crying while cutting bonus checks.
The stimulas should have went to the lower class then the upper class could compete for us to spend it on their products.
We're robbing Peter to pay Paul, when Bernie Madoff did that, he got sort of arrested and almost in trouble, yet the government does the same thing?
It's a wonder none of them learn.....
TheBrutalTruth
Well-Known Member
I thought you just said they were bullshit.
TheBrutalTruth
Well-Known Member
Free Market Capitalism?We've tried giving all the tax breaks to the rich thinking things would "trickle down" and they didn't. The rich got richer, the middle class is damn near extinct and the lower class makes up most of the population of America.
We've already proven that a "free market" society just leaves the doors open for embezzlement and outright theft. Now they've got our hard earned money in their hands and they're still crying while cutting bonus checks.
The stimulas should have went to the lower class then the upper class could compete for us to spend it on their products.
We're robbing Peter to pay Paul, when Bernie Madoff did that, he got sort of arrested and almost in trouble, yet the government does the same thing?
It's a wonder none of them learn.....
You call it free market capitalism when due to the government regulations the financial sector is given a virtual monopoly on IPOs (Initial Public Offerings)?
If we lived in a truly free-market capitalist society it wouldn't be necessary for me to go through a firm like Goldman Sachs, Lehman Brothers or whoever else, in order to be able to do an IPO. I wouldn't have to report to the SEC, just to the shareholders who'd probably demand to know what the hell I am doing with the money they invested in the company, and thus increasing the value of their shares.
We don't have a free market capitalist society. If we did, then their would have been no talk of bail outs. The companies would have been allowed to fail.
As a direct result of that, there'd also be no talk of their bonuses (they'd be unemployed.)
What we have is a statist/interventionist government that does not understand that if they would get their fat asses out of the way the market would correct problems like the obvious idiocy of the financial sector.
It would correct it by causing the firms that were mismanaged to go bankrupt.
There would also be a considerably lesser need for those companies to be continuously seeking greater and greater returns, because there would be a stable commodity backed monetary unit that was not subject to inflation, and thus would retain its value.
People would be more willing to take the sure bet with a guaranteed pay off instead of the high risk bets with potentially great losses. Why?
Because, in a society such as ours where the dollar you have in your wallet is not going to be worth as much tomorrow, people have to generate sufficient returns to cover that inflation. That adds 3 - 5% on the turns that you need just to retain purchasing power.
Add onto the 50 - 60% that you'll pay in taxes and you're facing the need to earn 23 - 25% just to make it worth the effort of investing that money instead of sitting on it.
This is not a failure of the free market. In a free market stability would be assured because the government would not be stealing so much from everyone.
This is a failure of a socialist/statist interventionist market system.
diggitydank420
Well-Known Member
CrackerJax
New Member
I'm guessing the owner actually reads financial papers instead of political ones..... 
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misshestermoffitt
New Member
People who own companies seek greater and greater returns because they have their eye on that car in the show room. Their wife needs a bigger house, they need a designer label suit.
So they mark up the cost of the product a bit. Withhold rasies from quality employees. Eventually the quality employess are sick of not being able to make ends meet while seeing boss man drive in his shiney new car wearing his new designer label suit. So what do those quality employees do? They move on, then the employees that replace them are not as good, they know they aren't being paid shit so why bother? Then the boss man starts to complain "why can't I find good help"? Ummm, maybe because the people you hire feel the need to make more than minimum wage, they like to have food too, and a place to live as well.
Been there, lived it. Worked at a place that called a staff meeting. They told us all (this was when minimum wage was $3.35 per hour, not a living wage by any means) that there would be no raises in the future. They couldn't afford to pay anyone anymore, no matter how long they'd been there or how much they busted their ass. The bitch that told us this, (owner) was wearing about 20 grand in gold jewelry and then went out and bought a brand new car about a week later. Then people started quitting, left and right, it was like rats jumping ship, then those of us who hadn't left yet got to hear about "disloyal" employees leaving and how they just couldn't find any good replacements. Fucking duh........
I don't understand how you can't see the underlying greed. Bank president needs to live in the largest house in town, he's had to file bankruptcy twice, but he can't move into something more affordable.
Yes people may scrape when they're starting their business, but then there comes a turning point where they've got to keep up with the Jones'.
So they mark up the cost of the product a bit. Withhold rasies from quality employees. Eventually the quality employess are sick of not being able to make ends meet while seeing boss man drive in his shiney new car wearing his new designer label suit. So what do those quality employees do? They move on, then the employees that replace them are not as good, they know they aren't being paid shit so why bother? Then the boss man starts to complain "why can't I find good help"? Ummm, maybe because the people you hire feel the need to make more than minimum wage, they like to have food too, and a place to live as well.
Been there, lived it. Worked at a place that called a staff meeting. They told us all (this was when minimum wage was $3.35 per hour, not a living wage by any means) that there would be no raises in the future. They couldn't afford to pay anyone anymore, no matter how long they'd been there or how much they busted their ass. The bitch that told us this, (owner) was wearing about 20 grand in gold jewelry and then went out and bought a brand new car about a week later. Then people started quitting, left and right, it was like rats jumping ship, then those of us who hadn't left yet got to hear about "disloyal" employees leaving and how they just couldn't find any good replacements. Fucking duh........
I don't understand how you can't see the underlying greed. Bank president needs to live in the largest house in town, he's had to file bankruptcy twice, but he can't move into something more affordable.
Yes people may scrape when they're starting their business, but then there comes a turning point where they've got to keep up with the Jones'.
CrackerJax
New Member
I don't know miss.... while I own 2 homes and various other properties and could easily afford to live in a monster house, my wife & I have chosen to live in a modest sized primary (3300+-?). We could easily afford a maid and all that stuff, but we LIKE to do our own things, even the laundry (ugh). We also enjoy our privacy 
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I think there are a lot more of us out there than you think..... it's just that the Aholes get all the headlines. In the same sense, we all know that the world isn't as bad as the evening news says.....they are just trying to SELL airtime, so they can go home to their mansions.
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.I think there are a lot more of us out there than you think..... it's just that the Aholes get all the headlines. In the same sense, we all know that the world isn't as bad as the evening news says.....they are just trying to SELL airtime, so they can go home to their mansions.
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misshestermoffitt
New Member
I know what I've personally lived through.
CrackerJax
New Member
yes, and your perspective is respected by me, however we can't all live though each others prisms...the big picture is not accurate... but whipped up to garnish votes... yours.
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TheBrutalTruth
Well-Known Member
Lol, I'm just seeing the owner explaining that the pre-depression he's referring to is the Great Depression, and that the prices must be paid in gold or silver of a quantity equivalent to what the Pre-Great Depression dollar would have been worth (~22/Oz. of Gold)
CrackerJax
New Member
C'mon TBT, you know better than anyone that the pol's must create a crisis to garner this much power.
The funny thing is we are no where near the great depression numbers...not even close... but now that the people have been fooled and the CRISIS has been addressed a la the biggest publik spending surge since WW2.... Obama just may bring it about.... Chicken little may get his roost yet.
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The funny thing is we are no where near the great depression numbers...not even close... but now that the people have been fooled and the CRISIS has been addressed a la the biggest publik spending surge since WW2.... Obama just may bring it about.... Chicken little may get his roost yet.
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medicineman
New Member
It looks like it to me that he's selling trailers, I think his business is about to boom.
CrackerJax
New Member
No, mud huts will be the next big thing...I can't wait for the media glitz to make sound like life is just ducky in a mud hut..... more thatch? yes, please. 
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