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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 |
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