On Sun, 25 Apr 2010 22:57:04 -0400, wrote:

On Sun, 25 Apr 2010 21:48:19 -0400, bpuharic wrote:

On Sun, 25 Apr 2010 21:35:57 -0400, wrote:


BP doesn't understand, half his 401k profits were taken before he ever
even saw them by fund managers who churned the holdings to increase
fees.

so you say.

any other fairy tales you want to spin? you're not doing so well with
this one.

desperation is a poor motive for your type of myth

Do you even have a clue about what your 401k managers are charging
you?
Hint, it is not on your statement.

do you even have a clue what's happening to the american middle class?

On 4/26/10 11:42 AM, wrote:
On Mon, 26 Apr 2010 04:43:57 -0400, wrote:

On Sun, 25 Apr 2010 22:57:04 -0400, wrote:

On Sun, 25 Apr 2010 21:48:19 -0400, wrote:

On Sun, 25 Apr 2010 21:35:57 -0400, wrote:


BP doesn't understand, half his 401k profits were taken before he ever
even saw them by fund managers who churned the holdings to increase
fees.

so you say.

any other fairy tales you want to spin? you're not doing so well with
this one.

desperation is a poor motive for your type of myth

Do you even have a clue about what your 401k managers are charging
you?
Hint, it is not on your statement.

do you even have a clue what's happening to the american middle class?

The ones who know how to play the game are doing OK. The ones who
trust their banker/broker to take good care of them are getting their
ass handed to them.

You're really oversimplifying here, my friend. There are tens of
millions of Americans who are suffering as a result of the Bush Deep
Recession, and most of them were not "involved" in any significant way
with bankers or brokers. To paraphrase Woodie Guthrie, they've been
tractored out of their jobs, and for many there will never be a job as
good as the one corporate management lost for them.

I wouldn't be surprised if there were a massive social upheaval in this
country, and I don't mean by the soft-brained teabaggers, but by
formerly middle class Americans who have been ****ed out of their jobs,
their homes, their health insurance, the college education for their
children and their retirement. And who should be the target of their
wrath? The pols, the wall street bankers and brokers, the insurance
companies, and the corporate managers, all of whom are driven by greed.

This probably won't happen in my lifetime...but it is coming.



--
The Tea Party's teabaggers are just the Republican base by another name.

On 26/04/2010 9:57 AM, hk wrote:
On 4/26/10 11:42 AM, wrote:
On Mon, 26 Apr 2010 04:43:57 -0400, wrote:

On Sun, 25 Apr 2010 22:57:04 -0400, wrote:

On Sun, 25 Apr 2010 21:48:19 -0400, wrote:

On Sun, 25 Apr 2010 21:35:57 -0400, wrote:


BP doesn't understand, half his 401k profits were taken before he
ever
even saw them by fund managers who churned the holdings to increase
fees.

so you say.

any other fairy tales you want to spin? you're not doing so well with
this one.

desperation is a poor motive for your type of myth

Do you even have a clue about what your 401k managers are charging
you?
Hint, it is not on your statement.

do you even have a clue what's happening to the american middle class?

The ones who know how to play the game are doing OK. The ones who
trust their banker/broker to take good care of them are getting their
ass handed to them.

You're really oversimplifying here, my friend. There are tens of
millions of Americans who are suffering as a result of the Bush Deep
Recession, and most of them were not "involved" in any significant way
with bankers or brokers. To paraphrase Woodie Guthrie, they've been
tractored out of their jobs, and for many there will never be a job as
good as the one corporate management lost for them.

I wouldn't be surprised if there were a massive social upheaval in this
country, and I don't mean by the soft-brained teabaggers, but by
formerly middle class Americans who have been ****ed out of their jobs,
their homes, their health insurance, the college education for their
children and their retirement. And who should be the target of their
wrath? The pols, the wall street bankers and brokers, the insurance
companies, and the corporate managers, all of whom are driven by greed.

This probably won't happen in my lifetime...but it is coming.

Funny how unemployement looked pretty good until 6-10 months after the
2006 democratic congress.

--
Socialism and statism are great as long as someone else pays for it.

On Mon, 26 Apr 2010 17:40:11 -0600, Canuck57
wrote:

On 26/04/2010 9:57 AM, hk wrote:
On 4/26/10 11:42 AM, wrote:
On Mon, 26 Apr 2010 04:43:57 -0400, wrote:

This probably won't happen in my lifetime...but it is coming.

Funny how unemployement looked pretty good until 6-10 months after the
2006 democratic congress.

you mean when 30 years of right wing friedman monetarist capitalism
caught up with the country?

On Mon, 26 Apr 2010 12:50:13 -0400, wrote:

On Mon, 26 Apr 2010 11:57:38 -0400, hk
wrote:


You're really oversimplifying here, my friend. There are tens of
millions of Americans who are suffering as a result of the Bush Deep
Recession, and most of them were not "involved" in any significant way

I was just referring to BP who still seems to have his job.


with no pay increase in 2 years.

it's a trend. the rich take ALL the money. including middle class
401k's AND then make the middle class bail 'em out.

and righties like you tell the middle class we should be grateful to
the rich 'cuz they're rich


As far as I am concerned, this crash is just the blowback from what we
did to recover from the 90s slashing of good tech jobs. They tried to
rebuild the economy on houses that nobody really needed. The
government created and allowed the financial community to create about
$2 trillion in phony money to fuel this quest for more houses nobody
lived in. That folly was doomed to fail the first time a person
couldn't sell a house for more than they owed on it.
You can blame that on Bush if you want but there were plenty of
Democrats on that bus.

agreed. but the right thinks obama ONLY is responsible, not
recognizing that socialism for the rich is an economy killer

On 26/04/2010 4:06 PM, bpuharic wrote:

it's a trend. the rich take ALL the money. including middle class
401k's AND then make the middle class bail 'em out.

Good part about that is you can then whine about your your short comings.

--
Socialism and statism are great as long as someone else pays for it.

On Mon, 26 Apr 2010 17:41:27 -0600, Canuck57
wrote:

On 26/04/2010 4:06 PM, bpuharic wrote:

it's a trend. the rich take ALL the money. including middle class
401k's AND then make the middle class bail 'em out.

Good part about that is you can then whine about your your short comings.

we can also gut the rich like a fish, as they've done to us.

On Mon, 26 Apr 2010 11:42:46 -0400, wrote:

On Mon, 26 Apr 2010 04:43:57 -0400, bpuharic wrote:


do you even have a clue what's happening to the american middle class?

The ones who know how to play the game are doing OK

IOW you're not middle class and dont have a clue

you don't have a clue unemployment is at 9.7%

you dont have a clue the middle class hasn't had an increase in wages
since 2000.

you dont have a clue the middle class loses its health insurance when
t hey lose their jobs

you just have your little $10 radio and you listen to rush. and he
tells you everything is OK 'cuz he makes $400M a year

as god intended

.. The ones who
trust their banker/broker to take good care of them are getting their
ass handed to them.

yeah go figure. for 30 years the right told us to trust wall street.
they told us that even social security should be turned over to wall
street.

remember that little horror story that george bush tried to p ush?

how'd it work out?

On Tue, 27 Apr 2010 00:05:41 -0400, wrote:

On Mon, 26 Apr 2010 18:03:41 -0400, bpuharic wrote:

On Mon, 26 Apr 2010 11:42:46 -0400, wrote:


yeah go figure. for 30 years the right told us to trust wall street.
they told us that even social security should be turned over to wall
street.

remember that little horror story that george bush tried to p ush?

how'd it work out?

Over 30 years? It worked out great.

for whom? the middle class that didn't get a raise in this time? that
has to shop at wal mart to make ends meet?

yeah. worked out great for wal mart

The Dow was 1000 in 1980. It is flirting with 11,000 right now.

thanks to obama,

You have your panties in a wad over a 2 year correction that has
recovered most of what it lost. If you were selective in your holding
you are doing quite a bit better than you were 5 years ago.

wow. i'm 55 now. i can retire at 70 instead of 65

great

On Tue, 27 Apr 2010 09:50:57 -0400, wrote:

On Tue, 27 Apr 2010 06:12:51 -0400, bpuharic wrote:

The Dow was 1000 in 1980. It is flirting with 11,000 right now.

thanks to obama,


Sure, if you are willing to blame him the next time it is 6000

if something he did has an effect, sure. but right now it's still
bush's depression