economist blames wall street for collapse
 

On 09/05/2010 2:17 PM, bpuharic wrote:
On Sun, 09 May 2010 14:07:43 -0600,
wrote:

On 09/05/2010 1:21 PM, wrote:
On Sun, 09 May 2010 14:38:41 -0400, wrote:

If you have only saved $10k how bad could you be hurt?

ROFLMAO!! i work ALL MY LIFE...save like a *******...

... and you don't have $10 grand?




We have already established that you are making more money than me,
just not more solvent.

and i havent had a pay increase in 10 years. nor have the other 100M
americans in the middle class

I suggest you find another job. I don't know anyone who has not had
some kind of raise in the last few years and several over the last 10
years.
Maybe it is time you moved on, your particular company is screwing you
and has you convinced it is that way for everyone.
That is simply not true.

pbuharic would rather soak in the pity, or full of BS. Mind you, with
the pity me attitude, maybe that is why he doesn't get a raise.

and you just love grabbing your ankles anyone with a 7 figure bank
account tells you to. it's what you live for

No to the ankles, but I shake off the little weasels snipes when they
hang on.

--
There is a sucker born every minute, liberals and our politicians are
counting on it.

economist blames wall street for collapse
 

On Sun, 09 May 2010 15:38:18 -0400, wrote:

On Sun, 09 May 2010 14:43:23 -0400, bpuharic wrote:



That same computer executed my stop loss orders. I didn't have to do a
thing. I got a message that I traded, that was it.

i guess you didn't hear that the computer programs on wall street
destroyed a trillion. in 1 day.

It was far more than a simple computer glitch. Greece and the possible
crash of the Euro was a lot more troubling than one trader typing
billion when he meant million. Most of that was recovered by the end
of trading.

uh, no. the market had dropped a few hundred points over the previous
week as the scope of the greek problem became news. a drop of 1
trillion in 1 day had zip to do with greece.



Obama is a rich black guy, what;s your point?

irrelevant. that's another reason you hate him. an uppity black
guy...can't stand it, huh?

Have you ever seem me type anything criticizing Obama's race?

hey i just leave the dead cats at the door. i look at you right
wingers HYSTERICAL about a black guy

and saying absolutely NOTHING about bush...nothing. not a peep.

now, why is that?

cite it.
You are just trying to deflect the conversation away from your
failures to plan.

yeah. me and 100M other working poeple

the right wants to blame the middle class instead of wall strteet

economist blames wall street for collapse
 

On 09/05/2010 2:16 PM, bpuharic wrote:

THE MIDDLE CLASS HAS NOT HAD A REAL INCREASE IN WAGES IN A DECADE...

So? What did they do to improve themselves if they are in that
situation? Jacking crap? Poodle pumping?

--
There is a sucker born every minute, liberals and our politicians are
counting on it.

economist blames wall street for collapse
 

On Sun, 09 May 2010 15:45:39 -0400, wrote:

On Sun, 09 May 2010 14:45:59 -0400, bpuharic wrote:

really? ever sell any stock?



hmm...it seems you dont know WHY companies are even ON wall street.
they are there for capitalization....looking for money to invest in
their companies. if wall street drops by a trillion, their
equty...their ability to raise money...drops by a trillion

Perhaps you are the one who doesn't understand how stocks work. When a
company offers shares they get all the money they are going to get
right then. After that the stocks are just baseball cards that trade
without the company seeing another dime. They can sell more stock but,
again, it is a one time shot.

stock is fungible. companies can, and do buy and sell their own stock.
and their ability to raise MORE equity is affected when the stock
price drops

economist blames wall street for collapse
 

On 09/05/2010 2:16 PM, hk wrote:
On 5/9/10 4:12 PM, Canuck57 wrote:
On 09/05/2010 11:46 AM, BAR wrote:
In ,
says...

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

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


And that is a good thing.

Since 1950 the unions have succeded in two areas, corruption and killing
jobs.

No argument there.




All the so-called union corruption from 1950 to the present day does not
add up to a large percentage of corporate corruption since 1980.


Agreed there. Corporate and governemnt corruption also had a part.

Ever notice how government revenue goes up and personal wealth goes down?

Hell, my gross is great it is the net after taxes that sucks.

--
There is a sucker born every minute, liberals and our politicians are
counting on it.

economist blames wall street for collapse
 

On Sun, 09 May 2010 15:50:34 -0400, wrote:

On Sun, 09 May 2010 14:46:35 -0400, bpuharic wrote:

On Sun, 09 May 2010 13:28:59 -0400, wrote:

On Sun, 09 May 2010 12:42:16 -0400, bpuharic wrote:

by the way...what's the rate of inflation nowadays?

oh. there isn't any.


Bought any oil based products lately? (everything is oil based) There
is certainly inflation going on. The fed is just ignoring it and
borrowing to hide it by printing money.

really? got any proof?

or is the only proof you need listening to limballs?


The proof I have is I go to the gas station, the grocery store and I
pay a cable bill (until I fired them). What is not going up?

?? so your little 7-11 grocery store is the entire US economy?

gee. i had no idea it was so busy


The BLS agrees with me but you know how those government people lie.

really? again, i ask

where's your proof?


http://www.bls.gov/news.release/cpi.nr0.htm

EXACTLY!! finally you get it you IDIOT!!

inflation is running at about 2.5%. and it's been that way for YEARS.

but you right wingers think it's like zimbabwe...

paranoia...tin foil hat paranoia

economist blames wall street for collapse
 

On Sun, 09 May 2010 15:55:26 -0400, wrote:

On Sun, 09 May 2010 14:49:26 -0400, bpuharic wrote:

On Sun, 09 May 2010 13:33:13 -0400, wrote:

On Sun, 09 May 2010 12:43:06 -0400, bpuharic wrote:


BP usually limits this rant to the CDOs and there is no equity
position in them.

do you know what the value of CDO's was in 2006? care to look it up?


The value was zero, the price may have been high but we now know they
were worthless ... until the government threw tax dollars at them to
give them value.

ROFLMAO!! of COURSE THEY ARE WORTHLESS YOU MORON!! that's why we're in
a DEPRESSION

in 1996 CDO's were worth 1 trillion dollars

10 years later they were worth SIXTY TWO TRILLION DOLLARS.

You seem to be confusing "value" and "price".

There were people who paid a thousand dollars for a cabbage patch doll
but that did not mean they were worth $1000. A year later they were 99
cents at the Goodwill.

IOW you dont know what a financial instrument is.

figures. no wonder you want to blame the middle class.

economist blames wall street for collapse
 

On 09/05/2010 12:41 PM, bpuharic wrote:
On Sun, 09 May 2010 13:50:55 -0400, wrote:

On Sun, 9 May 2010 13:34:50 -0400, wrote:

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


And that is a good thing.

The unions largely just priced themselves out of the market for any
job that could be exported. That is why the only unions that survive
nationally are government unions.

uh no. if that were the case then the germans would be in worse shape
than we are. 80% of their economy is export related, and their level
of unionization is FAR greater than ours.

more right wing bull****

Neither their unions, government nor corporations like GM and Citi are
as corrupt.

Simple answer.

--
There is a sucker born every minute, liberals and our politicians are
counting on it.

economist blames wall street for collapse
 

On 09/05/2010 1:25 PM, wrote:
On Sun, 09 May 2010 14:41:02 -0400, wrote:

On Sun, 09 May 2010 13:50:55 -0400, wrote:

On Sun, 9 May 2010 13:34:50 -0400, wrote:

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


And that is a good thing.

The unions largely just priced themselves out of the market for any
job that could be exported. That is why the only unions that survive
nationally are government unions.

uh no. if that were the case then the germans would be in worse shape
than we are. 80% of their economy is export related, and their level
of unionization is FAR greater than ours.

more right wing bull****

The Germans do not demand the kind of things American unions have
demanded. They are also holding the Greek's feet to the fire for the
stupid things their workers have negotiated for.

Quite true. Not just the Germans either, Japan too. There the unions
are expected to and do consider the health of the company and it's products.

You also have a far more frugal society in Germany. They actually have
private savings, beyond what the pension plans save for them.

True again. US is a net debtor society. Totally out of balance. I
used to think mortgage deductability was good, but it causes people to
be 55 and in debt on their home. If you manage your finances at all, by
early 40's you should not be in debt at all.

--
There is a sucker born every minute, liberals and our politicians are
counting on it.

economist blames wall street for collapse
 

On 09/05/2010 12:39 PM, bpuharic wrote:
On Sun, 9 May 2010 13:34:50 -0400, wrote:


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

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


And that is a good thing.

no doubt the right thinks it is.

it's why the middle class hasnt had a pay increase in 10 years

and that's a good thing, right?

You mean the envious gutter snipes think it should be this way.

--
There is a sucker born every minute, liberals and our politicians are
counting on it.