economist blames wall street for collapse
 

On 09/05/2010 10:34 AM, bpuharic wrote:

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...

Funny, my kid is out on her own, owns a million dollar home and has her
own business. Made us grandparents too.

I remember when she was in school. She would get 90s across the board.
Here friend was failing, 50's at best. She always was on my case
about being so liberatarian-conservative and had no heart.

So I sat down and explained socialism. You should give your friend 20%
of your marks so you both have 70%. She honked and said no way I work
hard while she slacks off. But I said you have to as it is the
liberla/socialist way, but it gets worse. Because she has 70% she tries
less and again sinks to 50%, then you need to give here another 10% to
pass. She got in a real huff, and left the room.

About 5 days later at the dinner table she blurted, I am not a NDP or
Liberal (Canadian version of a leftist democriter). I smiled.

After graduation she moved, started her own business and met a nice guy.
Bought a house. Even has a second bun in the oven and she is only 32.
Hired her friend for awhile too, but said she couldn't trust the
liberal-thief. I smiled again.

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

economist blames wall street for collapse
 

"bpuharic" wrote in message
...
On Sun, 09 May 2010 15:33:00 -0400, wrote:

On Sun, 09 May 2010 14:42:19 -0400, bpuharic wrote:


a LOGICAL person would assume that some common cause was responsible.
after all, if 100M people were affected by a tsunami, would you blame
the dead?

if you're right wing, you would

If the 100m people went to the beach that day to see the tsunami I
would blame them.

gee. 100M people at the beach

well, i suppose if you're right wing, you HAVE to invent SOME idiotic
excuse....


If these people did not have any personal savings and they spent
significantly more than they made, I blame them too.

and if the middle class hasnt had a real wage increase in 10 years,
you have to invent SOME idiotic reason it's their fault...


BTW where do you get that 100m number you keep throwing around as
fact? If I believe the definition of middle class that was established
here ($100k to $200k) the total number of households is more like 13
million.

there are about 110M wage earners in this country. the middle class
generally is the middle 20-80%

http://en.wikipedia.org/wiki/File:Income-curve-$10k.png

Let's see, 20~80% is about 60%. 60% of 110M wage earners is 66M. The
number is shrinking.

economist blames wall street for collapse
 

On 09/05/2010 11:14 AM, wrote:
On Sun, 09 May 2010 12:34:03 -0400, wrote:

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...

It should take you about an hour a week to manage investments. If your
financial security is not as important as watching Survivor on TV, you
are cheating your family.

Funny, Survivor. What a bunch of beach bum losers. Can't seem to wait
to cut each others throughts like Somalians.

Sort of like a program we get here called Til Debt Do Us Part.

http://www.slice.ca/shows/showspage.aspx?title_id=93097

The show is a hoot to see the denial, the loser mentality, the short
sightedness and whaco debtor mentality. Repo man is good too, losers
taking care of losers. Have to love the humor in it.

All for the worship of cheap easy debt. People should have to get
liceses to get debt, 40 hours of personal debt and finance management
before they can borrow.

--
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 12:43 PM, bpuharic wrote:
On Sun, 09 May 2010 13:16:23 -0400, wrote:

On Sun, 09 May 2010 12:35:44 -0400, wrote:

On Sun, 09 May 2010 11:36:45 -0400, wrote:

On Sun, 09 May 2010 10:18:09 -0400, wrote:


the difference is that wall street is run by rich white guys.

obama's black.


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.


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?

But... you said all rich people are bad....

LMAO, you are so screwed up.

--
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 14:27:10 -0600, Canuck57
wrote:

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?

i love it. he's so friggin' stupid he doesnt realize the following:

1. productivity in the last 10 years increased by about 30%
2. NONE of this went in the form of increased wages to the middle
class
3. the richest 1% had a 300% increase in income in the last 10 years
4. the financial sector, before 2007, accounted for 40% of GDP. they
contributed NOTHING to the economy with the CDO's, etc. no jobs. no
manufacturing. nothing. but they paid themselves billions

and, of course, this is the fault of 100M hard working americans

is any more proof needed that the right HATES teh middle class?

economist blames wall street for collapse
 

On Sun, 09 May 2010 14:15:28 -0600, Canuck57
wrote:

On 09/05/2010 12:40 PM, bpuharic wrote:
On Sun, 9 May 2010 13:46:11 -0400, wrote:


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

and how did wall street do in the last 3 years? number of jobs
created? none.

pay increases to the middle class? none

unemployment? 8,000,000 jobs lost

thanks wall street!


About 90,000,000 jobs. And think, the taxpayer didn't pay for any of them.

and unemployment would have been worse except for the bailout and the
TARP that you hate.


More like 20,000,000 but who is counting.

How many jobs did GM bailout create? Zero. They were long gone jobs.

how many jobs did wall street create in the last 10 years?

zero

how much of a wage increase did the middle class get in the last 10
years?

zero



Unions need a leash.

america has no unions

and it's wall street that needs a leash. you just refuse to see
reality

economist blames wall street for collapse
 

On Sun, 09 May 2010 14:38:02 -0600, Canuck57
wrote:



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.

and it has no unions. the germans, with their strong unions, have a
net positive current account balance

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.

blah blah blah...right wing bull****.

economist blames wall street for collapse
 

On Sun, 09 May 2010 14:32:34 -0600, Canuck57
wrote:

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.

gee. a society with no corruption. who coulda guessed

and they have strong unions.

economist blames wall street for collapse
 

On Sun, 09 May 2010 14:55:11 -0600, Canuck57
wrote:

On 09/05/2010 10:34 AM, bpuharic wrote:

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...

Funny, my kid is out on her own, owns a million dollar home and has her
own business. Made us grandparents too.

blah blah blah, right wing bull****...


So I sat down and explained socialism.

good thing the only socialists around are in venezuela, isn't it?

economist blames wall street for collapse
 

On 09/05/2010 1:38 PM, wrote:

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.

You have that right. It sure as hell was no glitch. Only in
liberal-debt monger liberal minds was it a glitch. They can dream on.
A trillion dollar move occured.

The market ran out of buyers and had too many sellers. That simple. No
one trusts our own governmetns debt-corruption currency and banking
mismanagement. And that includes the USA.

Between Greece and pathetic US numbers for unemployment and debt
spending, the market paniced. Big deal. Buying opporunities. ;)

Sooner or later this ponzi debt bubble is going to burst and this may be
nothing. This might have been the warning shot to out of control
government spending and ponzi federal banking.

And my broker had better honor the limit trades that triggered or I will
be so ****ed.

My guess is we have about one to two weeks of crappy markets, then a
rise. Should be Sept/October for the big crash. But who knows, maybe
Monday at opening. Could be good to chery pick some more.

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