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Larry[_25_] Larry[_25_] is offline
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First recorded activity by BoatBanter: Jul 2010
Posts: 190
Default ah, yes, the latest on my company 401K

bpuharic wrote:
On Wed, 21 Jul 2010 21:28:20 -0700, "Califbill"
wrote:



wrote in message
...

On Wed, 21 Jul 2010 18:22:20 -0600,
wrote:

no, i lost because i was middle class. you seem to forget that there
are 100M in the same shape i'm in

but, then, you're right wing. the problems of the middle class dont
interest you at all. not a bit


Where the hell you get 100,000,000? Another factoid pulled out of your ass!
a 1/3 of the people in the us are not middle class workers. There were only
120,000,000 employed in 2008. Most people, middle class included had less
than $50k in savings and retirement funds when they retired. And that was
before the crash. Most did not lose much in the crash, as they had spent
all the money they made already.

the question is, what does this have to do with anything? the issue is
the situation of the middle class. that includes joblessness, decrease
in wealth (including 401K's, home assets, etc) and the fact we havent
had a raise in 30 years while the richest 1% have had a 500% increase
in income


A few years ago, we discussed the cost of

boats on this group. At least one person sid they did not care what the
boat cost, but what the payment per month were. They ignored the fact the
boat loan was for 15 years for a $9,000 boat. That attitude was and is
rampant in both the lower and middle class.

more proof that the right hates the middle class. nothing changed for
the middle class in terms of attiitudes. what DID change is the
financial sector's rapacious GREED in inventing new financial
instruments and using these to transfer MASSIVE amounts of wealth FROM
the middle class TO the rich by bush's tax cuts, lack of sharing
increases in productivity, etc

there's a reason the GINI coefficient, which measures income
inequality, is the WORST For the US vs other democracies. there's a
reason the middle class hasnt had a raise in 30 years....and that
reason is GREED on the part of wall street and others who control the
economy

you have NOTHING but emotion. no data. no facts. you have right wing
mythology, fables and fairy tales you use to comfort yourself about
why the rich are blessed of god while the middle class deserves
poverty

Admit it, you made bad choices,

and are economically ignorant. We lost jobs because people decided a living
wage was required, and that living wage was enough to be upper middle class
in the last 60 years.

PERFECT EXAMPLE of what i'm talking about...you insist that the US,
which has the POOREST GINI coefficient has a greedy middle class when
it's the RICH who are greedy.

you're very right wing. you're a PERFECT example of how ARROGANT the
right wing is.

No raise in 10 years, says you suck at your job

more right wing bull****

NOBODY in the middle class has had a raise; NOBODY

dooes the ENTIRE middle class suck at their jobs?

WHY is this ONLY in the US? is it ONLY the US middle class that sucks?

you are SO filled with bizarre right wing bull**** it's laughable!

.. 100% Democrat and Republican and Independent Congress peoples

fault. Not Wall Street, not the big banks.

really? CDO's went from 1 trillion in 1997 to SIXTY TWO TRILLION in
2007

the financial sector accounted for 40% of GDP in 2007. what value did
this bring to the US economy?

NOTHING! NOTHING at all. it was GREED. the numbers dont lie. but the
right wing DOES. they want to blame the middle class even though the
US middle class just takes it year after year after year.

They were going along because

the government was giving them huge profits.

WTF?? how does 'the government' give them big profits? they simply
wiped out all regulation, and stole everything not nailed down

and you blame the middle class!

Wall streets and the big banks

were greedy so they insured the loans and sold them for even more profit.
That was criminal, but all started because government gave away the house.

EXACTLY!! right wing BULL**** said 'smaller govt and less regulation
will give the free market a chance to work'

and THAT destroyed the US economy. the middle class was NOT at fault


Are you beginning to realize that certain posters here would have jumped
to your side if anything you were typing had a shred of truth? Does it
surprise you that you are the Lone Ranger in this moronic debate?