BoatBanter.com - View Single Post - Charlie Cook Sees GOP Winning Big in 2012

Boating All Out

In article ,
says...

On Fri, 25 Nov 2011 14:15:30 -0600, Boating All Out
wrote:

In article ,
says...

On Fri, 25 Nov 2011 14:23:43 -0500, wrote:

On Fri, 25 Nov 2011 02:04:54 -0500, bpuharic wrote:

wrong. in fact, an argument for taxing capital gains is precisely to
drive finanical instruments overseas and quit subsidizing false
investments that have dstroyed our economy.

So you want to drive capital offshore?

yep. drive all collateralized default swaps offshore. let them do to
the chinese economy what they did to ours

Send US money to other countries to build up their industry?

HAHAHAHA

have you LOOKED at the chinese economy??

WE'RE ALREADY DOING THAT YOU MORON!!

christ you're as dumb as a bag of rocks

No. But he sure stepped into that one with a blindfold on.
Except for stockholders and those working on Wall Street -
an ever-decreasing class in the U.S. - capital used to build foreign
factories and businesses does nothing for U.S. unemployment.
In fact, it's detrimental to U.S. employment.
Wall Street should just wholesale relocate to China.
That way nobody will complain about it.
And it might very well happen.
Wouldn't bother me.

So you don't invest either? I hope you folks like cat food.

No, and I have no money worries.
Of course some people always want to live high on the hog.
Never did myself. Everybody can measure comfort as they see fit.
I do understand that maintaining the "acceptable" level becomes
important once achieved.
It's easy to fear change, even to something that was perfectly
acceptable in the past.
Maintaining my "required" standard of living has nothing to do with
"investments."
And isn't very important either. That gives me a lot of "freedom."

The "investor class" is becoming an increasingly small segment.
Traditional pension plans are dying out, and I'm guessing that 401k
participation/contributions are way down.
Don't know the figures, but I suspect a very large percentage of
equities is held by public worker pension funds.
You know, the "socialists."
At least in 1929 "investors" had the decency to jump from high windows.
Now they whine for government bailouts.
And get them.

As a so-called "investor" living off the labor of others, you shouldn't
complain about the likes of Geithner, Summers, Bernacke, et al.
They provide your socialism, and allow you to think you are a "wise
investor," making the "free enterprise" system strong.
Just letting the interest rate loose would cause a massive exodus from
equities, which are as volatile as they ever have been.
As if any "dummy" couldn't pump some money into an equity fund for the
past 20 years and see the government work with Wall Street to make them
"wise investments."
I know many who have done that. Mostly high salaried.
They can say "income averaging," and so think they are geniuses.
That's just a general comment, and not aimed at you.
The U.S. Government has every 401k penny accounted for.
Since you're a fan of gov stats, see if you can find those numbers.
You can't. Because they would detrimentally affect the stock market.
And the U.S. Government doesn't want the stock market affected.
Not that way.
So much for "free enterprise."

It might all be coming apart now.
That's why there's a tea party and OWS.
The center can not hold.
But the tea party has been co-opted by the business wing of the R party.
Should be interesting times coming up.
Especially if the tea party elected jokers try to take the tea party's
Medicare and SS from them.
Then the **** will hit the fan.

Seems the "down-trodden" and even wealthy folks like Bob are recognizing
a tremendous generational Ponzi scheme.
Boomers like you and me got "wealthy" with big salaries from
corporations that gave us huge pensions to shut us up and keep unions
away. All made possible by an inflated stock market.
Big salaries coupled with 401k's and ESOP's made that inflation
possible. One hand washing the other.

Then about the time we got out of the picture the corporations decided
to off-shore the jobs.
Timing was coincidental due to opening world markets.
Some boomers got caught too, losing their job while over-extended.
Not much gravy left for the younger generations now.
Don't think they like that.
Boomers who got caught short don't like it either.
Especially those without big salaries and fat pension plans.
Me, I'm fine.
Don't understand what all the complaining is about :-

But I do wonder why I just heard that Ashton Kutcher and Demi Moore are
worth $270 million.
Seems like a whole lot of money, doesn't it?
Never watched either of them.
But I bet they got some of my money.
Them, and many more who have no connection to me at all, but somehow get
a piece of my wages.
That's another thing many people don't like.
That's why you hear all this talk about "wealth disparity.
Bob is making a good buck. He's in the top 5%.
Looks like he's willing to pay more taxes if it makes things better for
for those who work as hard and get paid much less.
Just a guess, but hard to tell.
Oh well.