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#1
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On 09/05/2010 8:20 AM, bpuharic wrote:
On Sun, 09 May 2010 08:06:47 -0600, wrote: On 09/05/2010 7:58 AM, hk wrote: On 5/9/10 9:46 AM, BAR wrote: In articler7CdnbMfxK9WK3vWnZ2dnUVZ_qSdnZ2d@giganews. com, says... How the market works... The little investor, typically, gets screwed in many different ways, while the brokerage houses rip off the buyers and sellers. Only if you are stupid, thick headed and don't do your research. or you could be like the average working guy or gal in america...believed the right wing stuff about how free markets, unregulated, are the best protection for working folks. 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. ![]() 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. Nope, I went with the flow and profited. I even took a well deserved whole month off before I looked for a job, and it was good! Longest time off I have had since I was a kid. Having the month off was good, transfered the US and Canadian pension in cash while the market crashed. Plotted an investment strategy, and followed it. Easing the cash into the market in Jan-Apr 2009. LMAO to the bank for these moves. But my wife said it best, you are bored after 4 weeks. I was, picked up the phone and sent out 5 resumes, 3 interviews and 2 job offers... I was again a tax-paying slave. But then, I manage my life where I can, I don't worship others like Obama/Harpo/Iggy in my life, they are just puppets managing the herd. 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? -- There is a sucker born every minute, liberals and our politicians are counting on it. |
#2
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posted to rec.boats
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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. ![]() 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' |
#3
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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. |
#4
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posted to rec.boats
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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? |
#5
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On 09/05/2010 3:09 PM, bpuharic wrote:
On Sun, 09 May 2010 14:55:11 -0600, 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? Socialists are like mosquitoes. Trick is to swat them before they get your blood. -- There is a sucker born every minute, liberals and our politicians are counting on it. |
#6
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posted to rec.boats
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On Sun, 09 May 2010 17:04:09 -0600, Canuck57
wrote: On 09/05/2010 3:09 PM, bpuharic wrote: On Sun, 09 May 2010 14:55:11 -0600, 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? Socialists are like mosquitoes. Trick is to swat them before they get your blood. right wingers are like vampires...they hypnotize you with bull****.... then suck out every last drop of blood...being the greedy *******s they are |
#7
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#8
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#10
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On 09/05/2010 2:59 PM, D.Duck wrote:
"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. Yep. And the only reason why inflation isn't nuts right now is price pressures of people not haveing the debt/credit/money they used to. So companies have to cut costs or face buyers resistance. But at some point that will no longer work and either shortages occur or prices rise. -- There is a sucker born every minute, liberals and our politicians are counting on it. |
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