GOP Continues to Kill the Middle Class
Harryk wrote:
On 2/18/11 6:40 AM, Despot wrote: On 2/17/2011 6:34 PM, bpuharic wrote: On Wed, 16 Feb 2011 18:53:29 -0500, L wrote: bpuharic wrote: On Mon, 14 Feb 2011 10:28:07 -0500, wrote: On 2/14/2011 6:38 AM, bpuharic wrote: so tell me: how we doing?? I don't know about yours but my portfolio is doing quite nicely. Thanks for asking. gee if that's the case why is unemployment at 9%? Obama. HAHAHAH gee. the germans have 6% lots of unions there. social democracy. more liberal than obama.... The unemployment rate in Germany this past January was 6.6%. This article from the Minneapolis Post explains why: Germany – the new mini-superpower By Robert Marquand | Published Mon, Jan 31 2011 8:37 am BERLIN — Quietly at first but less so now, Germany is breaking out of its postwar identity – the assumptions and understandings that held it in place for 60 years. Germany is shedding the past, busting old taboos and being more assertive. What an evolving Germany will look like in 20 or even five years is unclear, but will have profound consequences for Europe and the West. Much of the recent breakout is due to a rising German industrial base achieved by elbow grease, niche market savvy, and, as is often said here, by "doing our homework." Germans have looked around lately to find they have the preeminent world-class export economy in Europe. No one else comes close. German precision tools are coveted in Asia and Russia like Fabergé eggs. Germany is building much of the Summer Olympic and World Cup facilities in Brazil. The next generation of Eurostar trains linking the Continent and Britain will be made by Siemens of Germany, not, as they traditionally have been, by Alstom of France – a blow to French pride. Germany's new global strategy seeks markets and relations in every direction – from Brazil and China to Vietnam and India. France no longer exercises its capacity to "run Europe" but has become a kind of shadow partner of Berlin. Even the city of Berlin, with its bohemian nightclubs and vibrant arts community, has become a hip urban center – what some here consider the new Paris of Europe. Germany makes no secret that it desires greater stability between Berlin, Poland, and Moscow. A new amity along the old Weimar corridor would signify a breathtaking change. Overall, Germany spent $120 billion a year in the 1990s to unify the country and rebuild its infrastructure, training its sights on the global marketplace. That helped it pull away from the rest of the EU. Forty percent of Germany's exports now go to the so-called BRIC countries (Brazil, Russia, India, and China). The closest EU competitor ships less than 10 percent. German machine-tool exports alone spiked 128 percent between 2009 and 2010. The unemployment rate in Germany hit an 18-year low last fall – 7.5 percent. - - - http://www.minnpost.com/worldcsm/201...ini-superpower Germany has its problems, of course, and some of them are damned serious, but it made the sort of capital investment we don't make in this country, especially in infrastructure, and it has a much stronger social safety net than we do. A social democracy can work. A free market democracy does not, not any longer. Nice cars, too. |
GOP Continues to Kill the Middle Class
bpuharic wrote:
On Thu, 17 Feb 2011 19:25:52 -0500, L wrote: bpuharic wrote: On Wed, 16 Feb 2011 19:48:54 -0500, wrote: In , says... bpuharic wrote: On Tue, 15 Feb 2011 07:41:29 -0500, wrote: the middle class hasnt had a pay increase in 35 years. that's the reason demand is low. no pay increases. and that's because the middle class has no unions Sure, Bob. Keep telling yourself that and don't forget to blame a street in New York for your financial problems. I just checked my 401k and it is up 4.3% this year already. Last year it was up 15.8%. Sucks to be me. do the math. how much do you have to GAIN to make up for a 35% LOSS like the average 401K lost in 2009? if you cant figure it out, i'll let you know and your 20% increase? i'll give you a hint: it's not enough Look up dollar cost averaging. Many people, including me, made some outstanding buys when the market went to hell. look up how long it takes to recover from a 35% drop in an equity. you cant do the math, obviously. If you let it sit there and stare at it with your blind eyes it will take a lot of time to recover. If you open your wallet and but more when it's low you can make some serious bucks. I know the math very well. So does my accountant! Once again, blind man, look up dollar cost averaging before you post a lame response. |
GOP Continues to Kill the Middle Class
BAR wrote:
In article8OidnUCjGZmF6MPQnZ2dnUVZ_r2dnZ2d@earthlink .com, payer3389 @mypacks.net says... On 2/18/11 8:25 AM, BAR wrote: Sucks to be me. No doubt about it. 6 weeks into the year and 5.3% increase in value of my 401K. Despite Obama's policies! Imagine what they could really be without a spend, spend, spend, and tax POTUS? |
GOP Continues to Kill the Middle Class
On Fri, 18 Feb 2011 19:51:40 -0500, L G wrote:
bpuharic wrote: On Thu, 17 Feb 2011 19:25:52 -0500, L wrote: look up how long it takes to recover from a 35% drop in an equity. you cant do the math, obviously. If you let it sit there and stare at it with your blind eyes it will take a lot of time to recover. If you open your wallet and but more when it's low you can make some serious bucks. I know the math very well. So does my accountant! Once again, blind man, look up dollar cost averaging before you post a lame response. hey i work for a living. i did what the right wing said. i trusted wall street. the right said 'the RICH will protect you! if we cut taxes on the RICH that money will flow downhill to the worthless middle class' guess what. it didnt. |
GOP Continues to Kill the Middle Class
On Fri, 18 Feb 2011 19:48:54 -0500, L G wrote:
Harryk wrote: Germany has its problems, of course, and some of them are damned serious, but it made the sort of capital investment we don't make in this country, especially in infrastructure, and it has a much stronger social safety net than we do. A social democracy can work. A free market democracy does not, not any longer. Nice cars, too. yep. unions do that |
GOP Continues to Kill the Middle Class
On 2/18/2011 6:08 PM, bpuharic wrote:
On Fri, 18 Feb 2011 06:40:27 -0500, wrote: On 2/17/2011 6:34 PM, bpuharic wrote: On Wed, 16 Feb 2011 18:53:29 -0500, L wrote: bpuharic wrote: On Mon, 14 Feb 2011 10:28:07 -0500, wrote: HAHAHAH gee. the germans have 6% lots of unions there. social democracy. more liberal than obama.... I have relatives in Germany, and the unemployment is close to 20%. wrong. http://www.tradingeconomics.com/Econ...spx?symbol=DEM The unemployment rate in Germany was last reported at 7.40 percent in January of 2011. I know, I know. People would rather believe a lie than the truth. Like the unemployment numbers here in the USA, that don't reflect the actual unemployed. The numbers are manipulated according to some criteria, and the poor schlubs with a political agenda believe them. |
GOP Continues to Kill the Middle Class
On Sat, 19 Feb 2011 07:25:34 -0500, Despot
wrote: On 2/18/2011 6:08 PM, bpuharic wrote: On Fri, 18 Feb 2011 06:40:27 -0500, wrote: HAHAHAH gee. the germans have 6% lots of unions there. social democracy. more liberal than obama.... I have relatives in Germany, and the unemployment is close to 20%. wrong. http://www.tradingeconomics.com/Econ...spx?symbol=DEM The unemployment rate in Germany was last reported at 7.40 percent in January of 2011. I know, I know. People would rather believe a lie than the truth. Like the unemployment numbers here in the USA, that don't reflect the actual unemployed. The numbers are manipulated according to some criteria, and the poor schlubs with a political agenda believe them. i know. the wealthy would prefer we didnt know the truth. as napoleon said, religion is the only thing that keeps the poor from murdering the rich |
GOP Continues to Kill the Middle Class
On 2/19/2011 9:51 AM, bpuharic wrote:
On Sat, 19 Feb 2011 07:25:34 -0500, wrote: On 2/18/2011 6:08 PM, bpuharic wrote: On Fri, 18 Feb 2011 06:40:27 -0500, wrote: HAHAHAH gee. the germans have 6% lots of unions there. social democracy. more liberal than obama.... I have relatives in Germany, and the unemployment is close to 20%. wrong. http://www.tradingeconomics.com/Econ...spx?symbol=DEM The unemployment rate in Germany was last reported at 7.40 percent in January of 2011. I know, I know. People would rather believe a lie than the truth. Like the unemployment numbers here in the USA, that don't reflect the actual unemployed. The numbers are manipulated according to some criteria, and the poor schlubs with a political agenda believe them. i know. the wealthy would prefer we didnt know the truth. as napoleon said, religion is the only thing that keeps the poor from murdering the rich I'm sorry that your retirement fund lost a big chunk of it's value. I understand your bitterness. Greed has many forms, one of which is wealth. Another is power. Wall Street may be the former, but politics is the latter. Socialism gives the power to a few. The few make the decisions for the masses. Where it's been done, it's never ultimately worked. What's that definition of insanity? |
GOP Continues to Kill the Middle Class
bpuharic wrote:
On Fri, 18 Feb 2011 19:51:40 -0500, L wrote: bpuharic wrote: On Thu, 17 Feb 2011 19:25:52 -0500, L wrote: look up how long it takes to recover from a 35% drop in an equity. you cant do the math, obviously. If you let it sit there and stare at it with your blind eyes it will take a lot of time to recover. If you open your wallet and but more when it's low you can make some serious bucks. I know the math very well. So does my accountant! Once again, blind man, look up dollar cost averaging before you post a lame response. hey i work for a living. i did what the right wing said. i trusted wall street. the right said 'the RICH will protect you! if we cut taxes on the RICH that money will flow downhill to the worthless middle class' guess what. it didnt. Wall street again, Bob? WTF are you talking about? Your 401K? |
GOP Continues to Kill the Middle Class
bpuharic wrote:
On Sat, 19 Feb 2011 07:25:34 -0500, wrote: On 2/18/2011 6:08 PM, bpuharic wrote: On Fri, 18 Feb 2011 06:40:27 -0500, wrote: HAHAHAH gee. the germans have 6% lots of unions there. social democracy. more liberal than obama.... I have relatives in Germany, and the unemployment is close to 20%. wrong. http://www.tradingeconomics.com/Econ...spx?symbol=DEM The unemployment rate in Germany was last reported at 7.40 percent in January of 2011. I know, I know. People would rather believe a lie than the truth. Like the unemployment numbers here in the USA, that don't reflect the actual unemployed. The numbers are manipulated according to some criteria, and the poor schlubs with a political agenda believe them. i know. the wealthy would prefer we didnt know the truth. as napoleon said, religion is the only thing that keeps the poor from murdering the rich You are one strange dude, Bob. |
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