On Thu, 22 Jul 2010 10:06:33 -0700, "nom=de=plume"
wrote:


wrote in message
.. .
On Wed, 21 Jul 2010 20:58:08 -0700, "Califbill"
wrote:


doesn't Obama also employ Paulson?

No he is teaching now.(Johns Hopkins)
insert joke here

I was never a fan of his, but I'll give him credit that he actually tried to
do the right thing and got Bush to listen. Sort of on the order of Nixon,
who also opened up China.

actually i agree. he recognized that the banks would need to be
rescued. unlike the far right, he knew allowing them to fail would
repeat 1929

On Thu, 22 Jul 2010 10:01:59 -0700, "Califbill"
wrote:



"bpuharic" wrote in message
.. .
On Thu, 22 Jul 2010 06:42:56 -0400, "D.Duck" wrote:


more incredibly stupid bull****.

INFLATION ADJUSTED wages have not risen in 30 years

are you naturally stupid or do you practice?


Why should someone get a raise above inflation?

ladies and gentlemen...there's a name for this question. it's called
'backpedaling'.

he shrieked that the middle class was doing fine. great! perfect! we
were all getting these huge merit based wage increases.

NOW that i've shoved the truth up his...ahem...nose...he's reduced to
pleading that the middle class doesnt deserve squat.

the reason we deserve increases is the following

1. productivity has increased about 30% in the last 10 years alone.
sharing NONE of this with america's middle class is GREED. pure and
simple.

we've seen WALL STREET greed. and now we see CORPORATE
greed...balanced on the backs of america's middle class

2. and this is a critical point...

THE MIDDLE CLASS IS THE BACKBONE OF THE ECONOMY.

yes, that's right folks. the right wing, as he admitted...wants to
destroy the middle class by denying them any wage increases at all

BUT when you do this, you wind up with a middle class that has NO
spending power. consumer spending accounts for about 70% of GDP

you right wingers want ALL the money to go to the rich without
realizing that, when you do this, you destroy 70% of the GDP

THEN you're shocked...SHOCKED when we go into a depression because the
middle class can't spend.

THIS is why you guys are clueless. you work like ants to do EVERYTHING
to destroy middle class wage earners THEN cant understand when
consumers stop spending!!


Did they improve the bottom
line? Those that get raises get merit raises. I got those when I worked,
but I also help produce increases in income. Just because you were there a
year, you do not deserve a raise above inflation, maybe not a raise at all.
If you are doing the same amount of work and producing the same amount of
widgets per year, and the cost of widgets went down, you should get a
decrease in pay. Raises are not an entitlement!

you keep bleating on with your bizarre cult questions as if what I am
doing affects 100,000,000 other americans.

face it rush-boy. the middle class is being wrecked by exactly the
policies you advocate.

and it blows your fuses to see that the middle class cant spend, and
cant drive the economy because we have no money

it's quite straightforward to anyone but the far right

On Thu, 22 Jul 2010 10:07:32 -0700, "Califbill"
wrote:



"bpuharic" wrote in message
.. .
On Thu, 22 Jul 2010 06:42:39 -0600, Canuck57
wrote:

On 22/07/2010 4:21 AM, bpuharic wrote:
On Wed, 21 Jul 2010 21:36:49 -0700, "Califbill"
wrote:
s. 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.

Bill's stopy is not quique. Those that are "conservative" and don't
worship debt do far better than liberal debt mongers.

gee. that biggest spenders in history are conservatives.


Maybe previously, but the liberals in charge have spent more in the last 18
months than almost all the conservatives combined.

you DO realize that the spending in the first year of obama's
govt...was determined by george bush...bush raised the deficit to 9%
of GDP.

so, again, you give us proof of your racism

wrote:
On Thu, 22 Jul 2010 06:30:16 -0400, bpuharic wrote:

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

Where do you think the money for your retirement will be coming from?

The whole basis for everyone's pension, 401k and IRA is that Wall
Street sector you seem to hate. Retirees are by definition not adding
anything to the economy, they are living off of it.
The same is true of everyone on Social Security. You better hope Wall
Street stays 40% of the economy if you want your 401k to be worth
anything when you start sucking off the public tit.

All of my retirement money is from savings and SS.
Just like my grand dad.
Not a god damned thing to do with Wall Street.
Wall Street taking over the economy is recent.
And now Wall Street banks get interest free money from the Fed,
then buy gov bonds with it and the taxpayers pay them interest.
The Fed keeps interest rates low to help Wall Street, but it hurts
savers. Lucky for them there's no inflation.
Channels 401k to equities, because money markets pay squat.
Only early boomers made out in the Wall Street Ponzi scheme.
Now it's a sucker's bet. But the gov is keeping it alive because Wall
Street owns them.
Won't last too much longer.
bpuharic is right about the redistribution of wealth.
He has no idea about what "middle class" means.
Not sure myself, since that's a moving target.
I considered myself "working class" then "middle class" and by the time
I was making still less than the money bpuharic said he makes "upper
middle class."
In today's economy I consider bpuharic at least "upper middle class."
Maybe "rich." hehe.
Maybe he doesn't know how lucky he is, or maybe he's just ****ed at
what's going on, as we all should be.
The "wealth" disparity is getting crazy and the economy HAS been
manipulated by the "rich" to their benefit.
But he still doesn't get it that Clinton and Obama are in the Wall
Street pocket as much as anybody. Maybe Obama not so deep.
Real capitalism has nothing to do with Wall Street socialism.
Unfortunately, real capitalism probably flourishes best in Commie China
and Somalia. It's run it's course here unless consumer and labor
markets get protected by the gov. We're going downhill fast.

Jim - Removing my thinking cap now.

On Thu, 22 Jul 2010 10:06:26 -0700, "Califbill"
wrote:



"bpuharic" wrote in message
.. .
On Wed, 21 Jul 2010 21:36:49 -0700, "Califbill"

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.

I am not rich. A long ways from rich.

gee. i get the rich mixed up with their right wing sock puppets. sorry

I do not own a G5 airplane, or a
mega yacht. Comfortable, but that is because I lived on 75% of my income
and saved the rest. You should be in the lower rich or the super
comfortable range. engineer and wife who is an attorney.

which is irrelevant to 100M americans trying to make a living and
being wrecked by wall street

My wife only
worked part time while the girls were in college. She was a stay at home
mom when they were in primary schools. 100's of thousands can not make
mortgage payments because they bought more house than they could afford!

yeah. who needs food and clothing for the kids! let 'em starve! if
they're not rich, screw 'em

On Thu, 22 Jul 2010 10:10:02 -0700, "Califbill"
wrote:



"bpuharic" wrote in message
.. .
On Wed, 21 Jul 2010 21:03:21 -0600, Canuck57
wrote:

you be sure and let me know

Sensationizing are we? Advertising how big of a loser you are?

yeah. me and 100M other americans.

And yet
you vote Obama who blows Trillions on corruption....LMAO

notice he hates the middle class THEN blames the black president for
what the white rich boy president caused?

you're probably the only canadian who flies a klan flag on his front
porch

Capitol gains is partly so people will invest for the long term.

which is bull****. it costs about 50 cents for every dollar we give to
the rich in captial gains

check out the chart about half way down the page here

http://www.tnr.com/blogs/jonathan-chait

giving the rich more money COSTS the economy money.

On Thu, 22 Jul 2010 10:14:04 -0700, "nom=de=plume"
wrote:


"bpuharic" wrote in message
.. .
On Thu, 22 Jul 2010 11:32:25 -0400, wrote:


you know **** about business. if what you say is true, then why is the
economy a disaster?

answer: because too many people believe as you do.


Not sure how old you are, but if you're in your late 40s, there's still time
to have a shot at a decent retirement income.

that's true. unfortunately i'm 55. it's going to be a long hot summer

You might want to consider
alternative instruments, such as a modified whole-life insurance policy.
They're not just about death benefits. There are some that will give you a
payout that is tax-free income between say 70 and 85, and still leave you
some cash balance without taking away from the death benefit over much. I'd
suggest talking to a reputable agent, e.g., New York Life or another of the
biggies.

i'd thought about that but the matching from my employer's 401K is
pretty good...i also have been talking with my funds manager about the
slowing of the economy to see where we go from here.

"bpuharic" wrote in message
...
On Thu, 22 Jul 2010 12:41:31 -0400, "D.Duck" wrote:


"bpuharic" wrote in message
. ..
On Thu, 22 Jul 2010 06:42:56 -0400, "D.Duck" wrote:



more incredibly stupid bull****.

INFLATION ADJUSTED wages have not risen in 30 years

are you naturally stupid or do you practice?


No I'm not stupid. When you say that ALL middle class workers have not
had
a raise above inflation YOU are patently WRONG. Don't you believe that
qualified workers get "merit increases"?

really? where's your proof? because here's mine.

http://andrewsullivan.theatlantic.co...the-day-6.html

WHERE ARE THE REAL INCREASES IN WAGES??

you scream that they exist

where are they??


I'll be 70 next month and I'm doing just fine.

when you become the entire middle class, let me know.

I truly feel for you and you
negative outlook. I'm serious, with your attitude you will probably not
make 70.

neither will 100,000,000 other middle class americans.


Now I'm off to the Hard Rock casino to enhance my lifestyle.

yeah. tell us again about all those raises we got.


I never claimed that a majority received raises. It's you that claim all
over this news group that EVERY member of the class have not received
increases.

On Thu, 22 Jul 2010 14:39:34 -0400, "D.Duck" wrote:


"bpuharic" wrote in message
.. .
On Thu, 22 Jul 2010 12:41:31 -0400, "D.Duck" wrote:


neither will 100,000,000 other middle class americans.


Now I'm off to the Hard Rock casino to enhance my lifestyle.

yeah. tell us again about all those raises we got.


I never claimed that a majority received raises. It's you that claim all
over this news group that EVERY member of the class have not received
increases.

fine. you go show me where the data is showing the middle class has
gotten a raise.

i've shown you data that they didnt. AND that the rich got a 500%
increase in 30 years

where's your data?

On Thu, 22 Jul 2010 13:08:43 -0500, Jim wrote:


Channels 401k to equities, because money markets pay squat.
Only early boomers made out in the Wall Street Ponzi scheme.
Now it's a sucker's bet. But the gov is keeping it alive because Wall
Street owns them.
Won't last too much longer.
bpuharic is right about the redistribution of wealth.
He has no idea about what "middle class" means.

since i'm in it, that's like saying a fish has no idea about water

The "wealth" disparity is getting crazy and the economy HAS been
manipulated by the "rich" to their benefit.

yep. and it's turning the US into mexico. we're wrecking the engine
of driving our economy. and the right just applauds

But he still doesn't get it that Clinton and Obama are in the Wall
Street pocket as much as anybody.

to a certain extent, that's true. unfortunately, our electoral system
leaves us no choices. elections are financed by the wealthy for their
benefit. until we break that cycle, there's little hope of doing
anything

BUT at least the dems are less prone to the free market fundamentalism
that's taken over the GOP


Maybe Obama not so deep.
Real capitalism has nothing to do with Wall Street socialism.
Unfortunately, real capitalism probably flourishes best in Commie China
and Somalia. It's run it's course here unless consumer and labor
markets get protected by the gov. We're going downhill fast.

Jim - Removing my thinking cap now.

i actually have no problem with capitalism. in my teen years, i WAS a
socialist. but socialism does not work. the only system that does is
capitalism

BUT it n eeds to be regulated and controlled so that its fruits can
grow the economy.

starving the middle class to enrich the already rich is a recipe for
disaster