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#72
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economist blames wall street for collapse
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#73
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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. |
#74
posted to rec.boats
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economist blames wall street for collapse
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#75
posted to rec.boats
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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. |
#76
posted to rec.boats
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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 |
#77
posted to rec.boats
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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. |
#78
posted to rec.boats
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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. |
#79
posted to rec.boats
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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. |
#80
posted to rec.boats
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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. |
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