economist blames wall street for collapse
 

On 5/9/10 11:15 AM, BAR wrote:
In articleKo6dnRb2XKeoWXvWnZ2dnUVZ_j2dnZ2d@earthlink .com,
says...

On 5/9/10 10:03 AM, BAR wrote:
In articlel7idnWiLI63lInvWnZ2dnUVZ_tudnZ2d@earthlink .com,
says...

On 5/9/10 9:46 AM, BAR wrote:
In articler7CdnbMfxK9WK3vWnZ2dnUVZ_qSdnZ2d@giganews. com,
says...

wrote in message
...
On Sun, 09 May 2010 00:23:54 -0400, wrote:

On Sat, 08 May 2010 12:04:28 -0400, wrote:

in 1 day wall street wipes out a TRILLION DOLLARS from the
economy.

It was a trillion that never really existed in the first place. It was
just phony paper "money" they created out of thin air.

really? i bet if your sold your stocks at the end of the day you'd sse
it was real money.

you right wingers...dont even know how the stock market works...


Please tell us how YOU think the market works.

This ought to be interesting reading.

How the market works...

The little investor, typically, gets screwed in many different ways,
while the brokerage houses rip off the buyers and sellers.

Tell me where the unions invest their pension funds? Mattresses? Tin
cans buried in the back yard? Stuffed in boxes in basements?






Tell us, oh educated one, are unions "little" investors? And most of the
unions with which I am familiar have extraordinarily diversified
investment accounts. And what has any of that to do with the fact that
brokerage houses rip off buyers and sellers?

You really are a pimp, aren't you?

You said the magic word, diversification, my financial planner is always
telling me about the minimizing the downside. Diversificaiton minimizes
the downside. Taking profits and distributing them among investments is
the key to minimizing the downside and diversification.

I suppose you buy everything at cost? If you don't you are getting
ripped off by everyone.

My goal is to retire and have the same standard of living I have today.
This is a foreign concept to you.


If I had the same standard of living you have today, I'd have to cut way
back, *Boatless* Bert.

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

economist blames wall street for collapse
 

In article ,
says...

You said the magic word, diversification, my financial planner is always
telling me about the minimizing the downside. Diversificaiton minimizes
the downside. Taking profits and distributing them among investments is
the key to minimizing the downside and diversification.

I suppose you buy everything at cost? If you don't you are getting
ripped off by everyone.

My goal is to retire and have the same standard of living I have today.
This is a foreign concept to you.


If I had the same standard of living you have today, I'd have to cut way
back, *Boatless* Bert.

I have a mortgage to pay, we know you don't.

economist blames wall street for collapse
 

On 5/9/10 11:35 AM, BAR wrote:
In articleVvKdneGGg9mESXvWnZ2dnUVZ_jSdnZ2d@earthlink .com,
says...

You said the magic word, diversification, my financial planner is always
telling me about the minimizing the downside. Diversificaiton minimizes
the downside. Taking profits and distributing them among investments is
the key to minimizing the downside and diversification.

I suppose you buy everything at cost? If you don't you are getting
ripped off by everyone.

My goal is to retire and have the same standard of living I have today.
This is a foreign concept to you.


If I had the same standard of living you have today, I'd have to cut way
back, *Boatless* Bert.

I have a mortgage to pay, we know you don't.





And once again, you demonstrate you are driven by your ignorance.



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

economist blames wall street for collapse
 

In article ,
says...

On 5/9/10 11:35 AM, BAR wrote:
In articleVvKdneGGg9mESXvWnZ2dnUVZ_jSdnZ2d@earthlink .com,
says...

You said the magic word, diversification, my financial planner is always
telling me about the minimizing the downside. Diversificaiton minimizes
the downside. Taking profits and distributing them among investments is
the key to minimizing the downside and diversification.

I suppose you buy everything at cost? If you don't you are getting
ripped off by everyone.

My goal is to retire and have the same standard of living I have today.
This is a foreign concept to you.


If I had the same standard of living you have today, I'd have to cut way
back, *Boatless* Bert.

I have a mortgage to pay, we know you don't.





And once again, you demonstrate you are driven by your ignorance.

Do you have a mortgage to pay?

economist blames wall street for collapse
 

On 5/9/10 11:45 AM, BAR wrote:
In article1Y6dnXakXa8BSnvWnZ2dnUVZ_qCdnZ2d@earthlink .com,
says...

On 5/9/10 11:35 AM, BAR wrote:
In articleVvKdneGGg9mESXvWnZ2dnUVZ_jSdnZ2d@earthlink .com,
says...

You said the magic word, diversification, my financial planner is always
telling me about the minimizing the downside. Diversificaiton minimizes
the downside. Taking profits and distributing them among investments is
the key to minimizing the downside and diversification.

I suppose you buy everything at cost? If you don't you are getting
ripped off by everyone.

My goal is to retire and have the same standard of living I have today.
This is a foreign concept to you.


If I had the same standard of living you have today, I'd have to cut way
back, *Boatless* Bert.

I have a mortgage to pay, we know you don't.





And once again, you demonstrate you are driven by your ignorance.

Do you have a mortgage to pay?



Yup.

More than one, actually.


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

economist blames wall street for collapse
 

In article ,
says...

On 5/9/10 11:45 AM, BAR wrote:
In article1Y6dnXakXa8BSnvWnZ2dnUVZ_qCdnZ2d@earthlink .com,
says...

On 5/9/10 11:35 AM, BAR wrote:
In articleVvKdneGGg9mESXvWnZ2dnUVZ_jSdnZ2d@earthlink .com,
says...

You said the magic word, diversification, my financial planner is always
telling me about the minimizing the downside. Diversificaiton minimizes
the downside. Taking profits and distributing them among investments is
the key to minimizing the downside and diversification.

I suppose you buy everything at cost? If you don't you are getting
ripped off by everyone.

My goal is to retire and have the same standard of living I have today.
This is a foreign concept to you.


If I had the same standard of living you have today, I'd have to cut way
back, *Boatless* Bert.

I have a mortgage to pay, we know you don't.





And once again, you demonstrate you are driven by your ignorance.

Do you have a mortgage to pay?



Yup.

More than one, actually.

Right?

economist blames wall street for collapse
 

On 5/9/10 11:55 AM, BAR wrote:
In ,
says...

On 5/9/10 11:45 AM, BAR wrote:
In article1Y6dnXakXa8BSnvWnZ2dnUVZ_qCdnZ2d@earthlink .com,
says...

On 5/9/10 11:35 AM, BAR wrote:
In articleVvKdneGGg9mESXvWnZ2dnUVZ_jSdnZ2d@earthlink .com,
says...

You said the magic word, diversification, my financial planner is always
telling me about the minimizing the downside. Diversificaiton minimizes
the downside. Taking profits and distributing them among investments is
the key to minimizing the downside and diversification.

I suppose you buy everything at cost? If you don't you are getting
ripped off by everyone.

My goal is to retire and have the same standard of living I have today.
This is a foreign concept to you.


If I had the same standard of living you have today, I'd have to cut way
back, *Boatless* Bert.

I have a mortgage to pay, we know you don't.





And once again, you demonstrate you are driven by your ignorance.

Do you have a mortgage to pay?



Yup.

More than one, actually.

Right?




Right.



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

economist blames wall street for collapse
 

On Sun, 09 May 2010 11:30:35 -0400, wrote:



BP doesn't actually play the market. He has told us that many times.
He has put all of his trust into one fund manager, the one that holds
his crumbling 401k.

guess he doesn't know what happened to the other 100,000,000 americans
who shared the same fate as i did.

the right thinks the middle class has tons of money. we don't. in
fact, over 50% of americans have less than 10K in their 401k's.

but the right ignores the middle class. they think only the rich
deserve any benefits at all

economist blames wall street for collapse
 

On Sun, 09 May 2010 11:40:05 -0400, wrote:

On Sun, 09 May 2010 10:19:26 -0400, bpuharic wrote:

Tell me where the unions invest their pension funds? Mattresses? Tin
cans buried in the back yard? Stuffed in boxes in basements?

there are no unions in the US.

Certainly there are, they cover teachers,

7% of american workers are covered by unions. there are no unions in
the US. as the 'economist' magazine pointed out last month, the US has
the most anti-union work environment of 30 industrialized countries

economist blames wall street for collapse
 

On Sun, 09 May 2010 08:54:33 -0600, Canuck57
wrote:

On 09/05/2010 8:20 AM, bpuharic wrote:
On Sun, 09 May 2010 08:06:47 -0600,
wrote:


then watched your 401K tank while you lost your job

It happened to me. Lost my job, ok, well sort of. I hinted to the boss
to make me next as I wanted out anyways and was casually looking. But
still, got the RIF. They gave me the news at 11am, I came home and
partied all afternoon. Boss really hated letting me go, but so what, I
look after #1, my family.

Difference was I had eyes open and knew it was coming. It was also the
only way I could get a severance, and roll over the pensions. In cash
too, just before the crash. ;) Opportunity.

notice he thinks 100,000,000 americans should spend all their time
sitting on their asses watching their stocks instead of raisin their
kids, building their communities, etc...


I didn't stand in the middle of the tracks like a dumb sheep or deer and
wait for it to hit me so I could wallow in self pity and whine.

notice the right doesnt WANT things to change. he thinks that, when
you get angry, you're 'whining'...all the while he whines about how
lazy the middle class is.

when you propose changes to the economy, you're 'whining'...in spite
of the fact HE would drive unemployment to 25%.

he's too stupid to know that HIS policies would destroy the middle
class. the right thinks the middle class should just shut up and take
it. anything else is 'whining'.


So, I guess you screwed up then eh? You story? Loser in auto gets the
axe and developes self pity for being asleep in life?

yeah. me and 100,000,000 other americans. but your attitude is 'let
'em eat cake'