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Old 11-16-2008, 03:18 PM
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Quote:
Originally Posted by Philip T View Post
A more effective boycott would be for the masses of America to stop sending them 401K, etc. money.

That would pretty much be "Game Over" for the whole operation.


You have got the right answer! You all need to stop sending your money to wall street! From what I can see, this can go either way, it can get real bad, or real good. What I mean by that is; if Wall street goes bust then Main street can have a boom; but only if you people see the opportunity that is right in front of you.


All these large company's who came into your neighborhoods busting up mom and pop stores are now going bust so for this to be in our favor every Tom, Dick and Jane need to pick up the pieces by starting there own business to cater to peoples needs and create real jobs. Hell, do hair out of your back room,start a cleaning business, repair cars in your back yard, ect. This is so much better than working for 8 bucks an hour for years going nowhere.



I have heard that a 7-eleven got over 100 applications were the job pays 8 bucks and hour and that there has been a increase of applications for governmental jobs but not to sound arrogant but I can't stand this way of thinking! In 2008 an 8 dollar an hour job is just a trap. Furthermore, people need to break out of this mindset that the only way to exist is to work for someone else which is simply not true!


All of you can do something that I CAN"T and it's vise versa! It's the circle of life. If we each start a business (I have one) and service one another we can totally circumvent the D%% crooks on wall street!!!!!



Actually, this is how it use to be in the past before the powers that be figured out a way to break us up and exploit us. I would say most of you people aim to be middle class which is actually a lifestyle that was created for you by the elite. It's just a trap. We are not helpless, mindless people needing big brother or some slick talking politician to look out for us! What has happened is that our priority's have been systematically rearranged to make us vulnerable.


Case in point, you people that own homes, I bet you spend a few hundred dollars each year maintaining your lawn "just to look at it" but yet you go the supermarket to buy fruits and vegetables that could have been grown in your own back yard. Does that make sense?


Or how about a couple who has 3 children and all three children grow up and live in 3 different states with 3 different mortgages and all work for 3 different company's. Why not the 3 children pool there resources together and start a family business or at the very least buy a lot/ home and each member put a piece into the pot so all responsible party's can live with less effort.

You might laugh at this becasue it's uncommon to you but this is exactly what that elites do! This is one aspect as to how they rise to power and stay in power but they tell you to do something different in a attempt to wind up like them; wealthy.

Last edited by Morphous01; 11-16-2008 at 03:47 PM..
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Old 11-16-2008, 03:35 PM
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Quote:
Case in point, you people that own homes, I bet you spend a few hundred dollars each year maintaining your lawn "just to look at it" but yet you go the supermarket to buy fruits and vegetables that could have been grown in your own back yard. Does that make sense?
Yes. I hate growing vegetables myself: the maneur, waiting for them to come in, worrying about rabbits and such eating them. I'd rather leave that to a farmer (who, you know, has a business doing that, as you pretty much celebrated that everyone should in your post). I like the convenience of going to the grocery store and picking up fruits and veges not in season. Takes 5 minutes in comparison to a few months growing myself.

And, as for everyone owning their own business, not everyone is willing to take that risk nor does everyone have the necessary expertise to do so. Some people can stomach owning a business, some can't, no matter how good they are at their craft. Using that approach to economics is like saying everyone should own their own home (we all know how THAT worked out). Some people CAN be homeowners and are willing to put their hard work/money into it and others aren't.
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Old 11-16-2008, 03:58 PM
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I agree on Americans marching onto Wall St to address this financial issue. I wish I could be there, as I'm in the UK, I give my best wishes to hoping it works.
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Old 11-16-2008, 04:25 PM
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Quote:
Originally Posted by runningncircles1 View Post
Yes. I hate growing vegetables myself: the maneur, waiting for them to come in, worrying about rabbits and such eating them. I'd rather leave that to a farmer (who, you know, has a business doing that, as you pretty much celebrated that everyone should in your post). I like the convenience of going to the grocery store and picking up fruits and veges not in season. Takes 5 minutes in comparison to a few months growing myself.

And, as for everyone owning their own business, not everyone is willing to take that risk nor does everyone have the necessary expertise to do so. Some people can stomach owning a business, some can't, no matter how good they are at their craft. Using that approach to economics is like saying everyone should own their own home (we all know how THAT worked out). Some people CAN be homeowners and are willing to put their hard work/money into it and others aren't.

I see your point but the farmers who produce products for your local MAJOR supermarket chain are not local neighborhood friendly farmers; there
traded on wall street just like any other publicly traded company.

As far as a runnign a business, I'm in disagreement I feel too many people are far more then capable of running a business but rather punch a time clock because it's easy. The hardest thing in life is "life itself" not some silly little small business that can generate money for you to survive.

The situation about the homes is a different situation. What happened was the people in the Bush Administration Deregulated wall street. These people created this problem so they can fix it with a little twist to there advantage.

The Bush Administration, and the powers that work THROUGH it made it possible for a home to be sold to a person who could not afford it. Why would they do such a thing it? Because when the crises hit the federal reserve could come in and act as the savior and buy up all the assets. Make no mistake about it, whats going on is a consolidation of power.


Mind you, this was the root cause but your local real estate agent and escrow office who overlooked and possibly falsified documents are accomplices to this financial crime. There motive was earning a commission regardless if they knew a year down the road they could not pay.


I could go on but one last issue is that the entire default of all the mortgages does not equal to the so called "financial crises" that we are in. WE ARE STILL BEING LIED TOO!! There is something missing from the equation.
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Old 11-17-2008, 05:15 AM
Things that can't go on forever, don't.
Status: "the buck stops somewhere over there" (set 1 day ago)
 
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Quote:
Originally Posted by Morphous01 View Post
I see your point but the farmers who produce products for your local MAJOR supermarket chain are not local neighborhood friendly farmers; there
traded on wall street just like any other publicly traded company.

As far as a runnign a business, I'm in disagreement I feel too many people are far more then capable of running a business but rather punch a time clock because it's easy. The hardest thing in life is "life itself" not some silly little small business that can generate money for you to survive.

The situation about the homes is a different situation. What happened was the people in the Bush Administration Deregulated wall street. These people created this problem so they can fix it with a little twist to there advantage.

The Bush Administration, and the powers that work THROUGH it made it possible for a home to be sold to a person who could not afford it. Why would they do such a thing it? Because when the crises hit the federal reserve could come in and act as the savior and buy up all the assets. Make no mistake about it, whats going on is a consolidation of power.


Mind you, this was the root cause but your local real estate agent and escrow office who overlooked and possibly falsified documents are accomplices to this financial crime. There motive was earning a commission regardless if they knew a year down the road they could not pay.


I could go on but one last issue is that the entire default of all the mortgages does not equal to the so called "financial crises" that we are in. WE ARE STILL BEING LIED TOO!! There is something missing from the equation.
what is missing from the equation is americans being informed about what is going on in wall street. read this: * What's Really Bankrupt********* : Information Clearing House - ICH
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Old 11-17-2008, 08:27 AM
Waiting to pick up the pieces from the crash
 
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Location: Key Largo
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Quote:
Originally Posted by Morphous01 View Post
You have got the right answer! You all need to stop sending your money to wall street! From what I can see, this can go either way, it can get real bad, or real good. What I mean by that is; if Wall street goes bust then Main street can have a boom; but only if you people see the opportunity that is right in front of you.


All these large company's who came into your neighborhoods busting up mom and pop stores are now going bust so for this to be in our favor every Tom, Dick and Jane need to pick up the pieces by starting there own business to cater to peoples needs and create real jobs. Hell, do hair out of your back room,start a cleaning business, repair cars in your back yard, ect. This is so much better than working for 8 bucks an hour for years going nowhere.



.
We will also have to band together to neutralize the code enforcement inspectors and corrupt zoning that prevents home-based business. Perhaps a citizen squad to convince them to get into real productive employment. Once the county car arrives grab the inspector and disassemble the county car for parts? We have a system of beaurocracy that perpetuates poverty and will serve as an obstacle to grass-roots recovery. The only reason we are in this mess is Government manipulation of the market. If the Government was not in bed with Wall Street we would still be the most prosperous nation on earth with constant innovation. Instead we are doomed to starve under thousands of pages of zoning rules.
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Old 11-17-2008, 08:31 AM
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Quote:
Originally Posted by Ellie C. View Post
Supposedly November 28th at 10AM from City Hall to Wall Street to protest the $70 billion in bonuses set to be paid out this year. Also a boycott on Christmas shopping that day.
Great. Another stupid symbolic gesture.
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Old 11-17-2008, 12:05 PM
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Quote:
I see your point but the farmers who produce products for your local MAJOR supermarket chain are not local neighborhood friendly farmers; there
traded on wall street just like any other publicly traded company.
And...?

Quote:
As far as a runnign a business, I'm in disagreement I feel too many people are far more then capable of running a business but rather punch a time clock because it's easy. The hardest thing in life is "life itself" not some silly little small business that can generate money for you to survive.
Is that why half of all businesses fail within a year? 75% within 3? 90% within 5?

Quote:
What happened was the people in the Bush Administration Deregulated wall street.
Bush has done many stupid things, but this isn't one of them. The president can't really do anything about the economy, truth be told, without congress to back up his ideas. There really hasn't been much deregulation and in fact, one regulation, CRA(community reinvestment act) caused serveral banks to lend subprime and Alt-A loans to people who should not have them. Investors knew this and bought up derivatives and CDSs to get rich off of these failing mortgages.

Deregulation didn't cause this; BAD regulation did.

Now it's harder to get credit. I don't think that's necessarily a bad thing. If you have good credit, paid your bills on time, etc., you can still get credit and loans. It's about time we shift our credit away from consumption and towards production.
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