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ah, yes, the latest on my company 401K
On Wed, 21 Jul 2010 20:58:08 -0700, "Califbill"
wrote: "bpuharic" wrote in message .. . On Wed, 21 Jul 2010 09:45:44 -0700, "Califbill" wrote: the depression started in 2007. bush was president. paulson, who worked for bush, was treasury secretary and INSiSTED congress give him 800B with NO accountability at all. Both parties are guilty as hell. Bush sucked as President. And Obama may make Carter look good, and that will be hard to do obama had nothing to do with it you seem to think he's guilty of being president while being black doesn't Obama also employ Paulson? no, he doesn't. paulson is at johns hopkins university |
ah, yes, the latest on my company 401K
On Wed, 21 Jul 2010 21:28:20 -0700, "Califbill"
wrote: "bpuharic" wrote in message .. . On Wed, 21 Jul 2010 18:22:20 -0600, Canuck57 wrote: no, i lost because i was middle class. you seem to forget that there are 100M in the same shape i'm in but, then, you're right wing. the problems of the middle class dont interest you at all. not a bit Where the hell you get 100,000,000? Another factoid pulled out of your ass! a 1/3 of the people in the us are not middle class workers. There were only 120,000,000 employed in 2008. Most people, middle class included had less than $50k in savings and retirement funds when they retired. And that was before the crash. Most did not lose much in the crash, as they had spent all the money they made already. the question is, what does this have to do with anything? the issue is the situation of the middle class. that includes joblessness, decrease in wealth (including 401K's, home assets, etc) and the fact we havent had a raise in 30 years while the richest 1% have had a 500% increase in income A few years ago, we discussed the cost of boats on this group. At least one person sid they did not care what the boat cost, but what the payment per month were. They ignored the fact the boat loan was for 15 years for a $9,000 boat. That attitude was and is rampant in both the lower and middle class. more proof that the right hates the middle class. nothing changed for the middle class in terms of attiitudes. what DID change is the financial sector's rapacious GREED in inventing new financial instruments and using these to transfer MASSIVE amounts of wealth FROM the middle class TO the rich by bush's tax cuts, lack of sharing increases in productivity, etc there's a reason the GINI coefficient, which measures income inequality, is the WORST For the US vs other democracies. there's a reason the middle class hasnt had a raise in 30 years....and that reason is GREED on the part of wall street and others who control the economy you have NOTHING but emotion. no data. no facts. you have right wing mythology, fables and fairy tales you use to comfort yourself about why the rich are blessed of god while the middle class deserves poverty Admit it, you made bad choices, and are economically ignorant. We lost jobs because people decided a living wage was required, and that living wage was enough to be upper middle class in the last 60 years. PERFECT EXAMPLE of what i'm talking about...you insist that the US, which has the POOREST GINI coefficient has a greedy middle class when it's the RICH who are greedy. you're very right wing. you're a PERFECT example of how ARROGANT the right wing is. No raise in 10 years, says you suck at your job more right wing bull**** NOBODY in the middle class has had a raise; NOBODY dooes the ENTIRE middle class suck at their jobs? WHY is this ONLY in the US? is it ONLY the US middle class that sucks? you are SO filled with bizarre right wing bull**** it's laughable! .. 100% Democrat and Republican and Independent Congress peoples fault. Not Wall Street, not the big banks. really? CDO's went from 1 trillion in 1997 to SIXTY TWO TRILLION in 2007 the financial sector accounted for 40% of GDP in 2007. what value did this bring to the US economy? NOTHING! NOTHING at all. it was GREED. the numbers dont lie. but the right wing DOES. they want to blame the middle class even though the US middle class just takes it year after year after year. They were going along because the government was giving them huge profits. WTF?? how does 'the government' give them big profits? they simply wiped out all regulation, and stole everything not nailed down and you blame the middle class! Wall streets and the big banks were greedy so they insured the loans and sold them for even more profit. That was criminal, but all started because government gave away the house. EXACTLY!! right wing BULL**** said 'smaller govt and less regulation will give the free market a chance to work' and THAT destroyed the US economy. the middle class was NOT at fault |
ah, yes, the latest on my company 401K
On Wed, 21 Jul 2010 21:26:33 -0600, Canuck57
wrote: On 21/07/2010 8:51 PM, bpuharic wrote: On Wed, 21 Jul 2010 20:36:22 -0600, wrote: why not check the GINI coefficient? the US has the least social mobility of 10 western democracies, except for the UK Because many have lost the American way, trading it in for envy, greed and entitlement -- which do not work. more bull****. more proof you hate the middle class. which is more logical: 100M middle class wage earners 'lost the ameircan way' (whatever that means) or that a small group of rich, greedy wall street managers simply stole everything not nailed down? answer: the finanical sector accounted for 40% of GDP in 2007. THAT tells you it was WALL STREET, not MAIN street that's the problem and those without raises? that's the ENTIRE MIDDLE CLASS http://andrewsullivan.theatlantic.co...the-day-6.html I actually don't entirely disagree with you in that being middle class is now tougher than ever before. But I disagree with the reason. Big fat corruptive government is the cause corruption in the form of right wing greed which enables the richest 1% to have a 500% increase in income in 30 years...and then it sells this as 'deregulation' and 'smaller govt'. .. Track total government revnue against wages...you will see government outsrips income. And you can't keep having government grow like a cancer. which has NOTHING to do with the fact the financial sector, NOT the govt, destroyed the US economy At some point, DC will go bankrupt. And Obama will have the dubious honor of kicking DC past the tipping point. and it was bush and his right wing buddies who laid the groundwork for destroying the US economy |
ah, yes, the latest on my company 401K
On Wed, 21 Jul 2010 21:28:10 -0600, Canuck57
wrote: On 21/07/2010 8:52 PM, bpuharic wrote: On Wed, 21 Jul 2010 20:24:30 -0600, wrote: guess that means the entire middle class is stupid. No, about 50%. Quite a few middle class make millionaires before they are 50. You get to know them when you are there. Something you will never know. really? then why hasnt the middle class had a raise in 30 years? are they ALL stupid? you have your right wing bull**** about millionaires. and i have the facts. |
ah, yes, the latest on my company 401K
On Wed, 21 Jul 2010 21:36:49 -0700, "Califbill"
wrote: "bpuharic" wrote in message there's a reason CDO's went from 1 trillion in 97 to SIXTY TWO TRILLION in 2007 greed of the rich. it had NOTHING to do with the middle class you dont know **** about anything, let alone the middle class I may be dumb, but not anywhere as dumb as you. I have bought several houses, I own my house. no one cares. you're not the entire middle class. you simply think you're rich so it MUST be god on your side go ahead. sell that attitude to the millions who cant make mortgage payments, or lose their jobs. |
ah, yes, the latest on my company 401K
On Wed, 21 Jul 2010 20:44:55 -0600, Canuck57
wrote: On 21/07/2010 6:59 PM, bpuharic wrote: On Wed, 21 Jul 2010 20:03:06 -0400, wrote: I'm going to try to guess what you meant to say... Loan applications usually are interested in liquid assets. 401K accounts don't count. I ralize they can be liquidated but loan officers aren't interested in that. 401k's are liquid assets if you take a tax penalty not too bright, are you? and what makes you think loan officers arent interested in money? But you would be wholely stupid to do that, taking money out of a IRA/401k prematurely is about as dumb as it gets. And "rich" people don't look at dumb things as valid options. i agree it's DUMB to raid your 401K. but that is irrelevant in a loan application. Want to be rich, just means you have to do what it takes to be on the right end of that transaction. Save money and loan it to people who will pay it abck with interest. or get greedy and invent new forms of bull**** like CDO's then get george bush, ronald reagan, etc., to call this free enterprise |
ah, yes, the latest on my company 401K
On Wed, 21 Jul 2010 21:04:28 -0600, Canuck57
wrote: On 21/07/2010 7:02 PM, bpuharic wrote: On Wed, 21 Jul 2010 20:26:07 -0400, wrote: bpuharic wrote: On Wed, 21 Jul 2010 18:00:59 -0400, wrote: By the definition of middle class established here ($125K - $250K) it is more like several million. nobody who makes 250K is middle class. Your situation and paranoia will lead you to an early grave if you don't relax. Try turning your computer off for a week, or two. IOW try religion...the opiate of the people? just sit back and let the rich folks have their way? that's good for right wing sheep. not for people who think Yep, we know you will vote for it. Obama is a vote for repression. You just haven't got the tax bill for the "rich" in DC yet. But you will! ROFLMAO!! bush was a religious fanatic. and i dont make capital gains income so the tax changes wont affect me you're completely ignorant of the american scence. you're blind |
ah, yes, the latest on my company 401K
|
ah, yes, the latest on my company 401K
On Wed, 21 Jul 2010 21:18:54 -0600, Canuck57
wrote: On 21/07/2010 7:29 PM, wrote: On Wed, 21 Jul 2010 21:04:39 -0400, wrote: That doesn't make any sense. If you want to worry about something, worry about supporting the lazy ****s who don't want to work. you mean the wall street hedgefund managers? Those guys work a lot harder than you do. 12 hour days and 6 or 7 day weeks are not uncommon. The thing most people do not understand is how hard rich people work to get rich and stay rich. Greed is a real slave master. Is it greed or desire for independance? I mean this seriously as to me I never looked at it like greed. And never screwed anyone for a dime doing it. it's greed. there's a reason the financial sector accounted for 40% of GDP in 2007 while the US did NOT become more competitive in world markets. the financial sector added NOTHING to US assets |
ah, yes, the latest on my company 401K
"bpuharic" wrote in message ... On Wed, 21 Jul 2010 21:28:20 -0700, "Califbill" wrote: "bpuharic" wrote in message . .. On Wed, 21 Jul 2010 18:22:20 -0600, Canuck57 wrote: no, i lost because i was middle class. you seem to forget that there are 100M in the same shape i'm in but, then, you're right wing. the problems of the middle class dont interest you at all. not a bit Where the hell you get 100,000,000? Another factoid pulled out of your ass! a 1/3 of the people in the us are not middle class workers. There were only 120,000,000 employed in 2008. Most people, middle class included had less than $50k in savings and retirement funds when they retired. And that was before the crash. Most did not lose much in the crash, as they had spent all the money they made already. the question is, what does this have to do with anything? the issue is the situation of the middle class. that includes joblessness, decrease in wealth (including 401K's, home assets, etc) and the fact we havent had a raise in 30 years while the richest 1% have had a 500% increase in income A few years ago, we discussed the cost of boats on this group. At least one person sid they did not care what the boat cost, but what the payment per month were. They ignored the fact the boat loan was for 15 years for a $9,000 boat. That attitude was and is rampant in both the lower and middle class. more proof that the right hates the middle class. nothing changed for the middle class in terms of attiitudes. what DID change is the financial sector's rapacious GREED in inventing new financial instruments and using these to transfer MASSIVE amounts of wealth FROM the middle class TO the rich by bush's tax cuts, lack of sharing increases in productivity, etc there's a reason the GINI coefficient, which measures income inequality, is the WORST For the US vs other democracies. there's a reason the middle class hasnt had a raise in 30 years....and that reason is GREED on the part of wall street and others who control the economy you have NOTHING but emotion. no data. no facts. you have right wing mythology, fables and fairy tales you use to comfort yourself about why the rich are blessed of god while the middle class deserves poverty Admit it, you made bad choices, and are economically ignorant. We lost jobs because people decided a living wage was required, and that living wage was enough to be upper middle class in the last 60 years. PERFECT EXAMPLE of what i'm talking about...you insist that the US, which has the POOREST GINI coefficient has a greedy middle class when it's the RICH who are greedy. you're very right wing. you're a PERFECT example of how ARROGANT the right wing is. No raise in 10 years, says you suck at your job more right wing bull**** NOBODY in the middle class has had a raise; NOBODY dooes the ENTIRE middle class suck at their jobs? WHY is this ONLY in the US? is it ONLY the US middle class that sucks? you are SO filled with bizarre right wing bull**** it's laughable! . 100% Democrat and Republican and Independent Congress peoples fault. Not Wall Street, not the big banks. really? CDO's went from 1 trillion in 1997 to SIXTY TWO TRILLION in 2007 the financial sector accounted for 40% of GDP in 2007. what value did this bring to the US economy? NOTHING! NOTHING at all. it was GREED. the numbers dont lie. but the right wing DOES. they want to blame the middle class even though the US middle class just takes it year after year after year. They were going along because the government was giving them huge profits. WTF?? how does 'the government' give them big profits? they simply wiped out all regulation, and stole everything not nailed down and you blame the middle class! Wall streets and the big banks were greedy so they insured the loans and sold them for even more profit. That was criminal, but all started because government gave away the house. EXACTLY!! right wing BULL**** said 'smaller govt and less regulation will give the free market a chance to work' and THAT destroyed the US economy. the middle class was NOT at fault Man you'd better slow down. All this ranting will take its toll on your health. BTW.....many of your "middle class" Americans have had increases over the past ten years. They are called merit increases. |
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