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Old 04-30-2012, 09:15 AM
 
Location: USA
8,016 posts, read 9,074,702 times
Reputation: 3383

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i don't understand that, because it's stupid to do that,
when it gets the economy farther behind instead of
further along.
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Old 04-30-2012, 09:25 AM
 
2,777 posts, read 2,913,662 times
Reputation: 2312
Quote:
Originally Posted by samyn on the green View Post
What about the casino at Aqueduct? They are raking in $3 million a day. Mostly from the poor and split between the rich Oriental ruling class that developed the place, the rich racehorse owners, the city and the local ruling class oligarchy. This is a $3 million a day tax on the poor supported by both Bloomburg and ruling class puppet Cuomo.

Who makes poor people throw their welfare checks away on gambling?

They don't earn the $, so, why would they even care anyway?
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Old 04-30-2012, 09:43 AM
 
Location: USA
8,016 posts, read 9,074,702 times
Reputation: 3383
there's a difference between people
who have a safety net and people
who fall between the cracks. you
could be at any income level before
that. wake up, people.
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Old 04-30-2012, 09:44 AM
 
2,503 posts, read 3,523,302 times
Reputation: 1906
Quote:
Originally Posted by urbanlife78 View Post
Umm, then who is gonna make your coffee or pick up your trash if we are all working high paying skilled labor that requires massive college debt and years to get these skills?
That's the individual's choice if they want to keep making coffee or picking up trash. Mathjak is right. You want a better paying job, learn a skill that justifies the pay. Yes it requires years of college but that's how you pay your dues. The problem is people like Urbanlife are not willing to put in the work. They want things handed to them with the littlest effort on their end. If you took the wrong road at the fork and now you are realizing it, you have no one else to blame but yourself. Shrugs.
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Old 04-30-2012, 10:24 AM
 
Location: Portland, Oregon
46,054 posts, read 28,288,442 times
Reputation: 7824
Quote:
Originally Posted by hilltopjay View Post
That's the individual's choice if they want to keep making coffee or picking up trash. Mathjak is right. You want a better paying job, learn a skill that justifies the pay. Yes it requires years of college but that's how you pay your dues. The problem is people like Urbanlife are not willing to put in the work. They want things handed to them with the littlest effort on their end. If you took the wrong road at the fork and now you are realizing it, you have no one else to blame but yourself. Shrugs.
Ah, yes there is your assumptions again, have you heard the saying "when you assume you make an...." Well that applies to this statement. You know nothing about me or the things I have accomplished in life, so to say I don't put in the work means you assume I am just some lazy person that wants others to do everything for me, when in actuality I come from a hard working Irish family that believes in working hard for what you want in life, this move across country isn't easy, but it will give me a better chance to push myself further with my career choice, unless you no longer define that as hard working, that is your problem.

You are right, that is an individual's choice on what they want to do for work, all I was referring to is that if one is going to complain about 50% not paying federal taxes (which means nothing when you look at taxes overall, but people like to see the headlines without looking at the data) then the simple solution is to pay everyone more so that everyone is above that line on the federal level regardless of work skill, that would then require the private sector to better take care of the country and economy which is indeed a Republican slogan, leave it to the private sector. But obviously that isn't going to happen so something has got to give, therefore people are able to get back their tax money (which they all technically paid if the government gets to enjoy a year's worth of interest from it.)

So you can't have the country work in opposite directions of it and not expect anything to go wrong with that idea.

Have you ever been to a country that has much worse poverty than the US? You should because that is basically what you want to see in this country based off the comments you make...either that or you don't realize that your way of thinking is what will create those levels of poverty in this country. Personally I like to believe that we do live in one of the greatest countries that should be providing healthcare, education, housing, and safety to all Americans from birth to death.

But I am sure you are just gonna skim this, so I will shorten it for you blah, blah, blah, bleeding heart liberal, blah, blah, blah....oh and just so you know, calling someone a bleeding heart liberal isn't a negative term to liberals, only conservatives think of it as a negative term because they are just cold heart bastards that only care about themselves and could care less about the country or future generations...
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Old 04-30-2012, 10:44 AM
 
2,503 posts, read 3,523,302 times
Reputation: 1906
Quote:
Originally Posted by urbanlife78 View Post
Ah, yes there is your assumptions again, have you heard the saying "when you assume you make an...." Well that applies to this statement. You know nothing about me or the things I have accomplished in life, so to say I don't put in the work means you assume I am just some lazy person that wants others to do everything for me, when in actuality I come from a hard working Irish family that believes in working hard for what you want in life, this move across country isn't easy, but it will give me a better chance to push myself further with my career choice, unless you no longer define that as hard working, that is your problem.

You are right, that is an individual's choice on what they want to do for work, all I was referring to is that if one is going to complain about 50% not paying federal taxes (which means nothing when you look at taxes overall, but people like to see the headlines without looking at the data) then the simple solution is to pay everyone more so that everyone is above that line on the federal level regardless of work skill, that would then require the private sector to better take care of the country and economy which is indeed a Republican slogan, leave it to the private sector. But obviously that isn't going to happen so something has got to give, therefore people are able to get back their tax money (which they all technically paid if the government gets to enjoy a year's worth of interest from it.)

So you can't have the country work in opposite directions of it and not expect anything to go wrong with that idea.

Have you ever been to a country that has much worse poverty than the US? You should because that is basically what you want to see in this country based off the comments you make...either that or you don't realize that your way of thinking is what will create those levels of poverty in this country. Personally I like to believe that we do live in one of the greatest countries that should be providing healthcare, education, housing, and safety to all Americans from birth to death.

But I am sure you are just gonna skim this, so I will shorten it for you blah, blah, blah, bleeding heart liberal, blah, blah, blah....oh and just so you know, calling someone a bleeding heart liberal isn't a negative term to liberals, only conservatives think of it as a negative term because they are just cold heart bastards that only care about themselves and could care less about the country or future generations...
Instead of complaining about the 1%, what are YOU doing to become the 1%?
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Old 04-30-2012, 10:51 AM
 
Location: USA
8,016 posts, read 9,074,702 times
Reputation: 3383
the rich and the "entitled" will
be chillin while everyone else
is breaking their backs or slipping
through the cracks.
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Old 04-30-2012, 10:53 AM
 
Location: Portland, Oregon
46,054 posts, read 28,288,442 times
Reputation: 7824
Quote:
Originally Posted by hilltopjay View Post
Instead of complaining about the 1%, what are YOU doing to become the 1%?
Why is that the only goal in life? Well how about this, it is mathematically impossible for 100% of a population to be apart of 1% of the population. I have many goals in life and have had an amazing journey in the process so far, becoming the richest man in the country isn't at the top of my list for things I plan on doing with my life. Teaching, practicing architecture for all income levels, and raising a family and being a good partner for my wife is at the top of that list.
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Old 04-30-2012, 11:03 AM
 
2,503 posts, read 3,523,302 times
Reputation: 1906
Quote:
Originally Posted by urbanlife78 View Post
Why is that the only goal in life? Well how about this, it is mathematically impossible for 100% of a population to be apart of 1% of the population. I have many goals in life and have had an amazing journey in the process so far, becoming the richest man in the country isn't at the top of my list for things I plan on doing with my life. Teaching, practicing architecture for all income levels, and raising a family and being a good partner for my wife is at the top of that list.
Well you see..thats the problem right there. You have NO DESIRE to be financially independent, financially free. Your mindset is wrong.
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Old 04-30-2012, 11:17 AM
 
3,333 posts, read 3,286,892 times
Reputation: 2834
Quote:
Originally Posted by mathjak107 View Post
the truth is though with all this printing of money the money has not really created any problems at all.

its not in our hands to spend,its not in the banks hands being loaned, it hasnt shown up in the hands of workers.

its really been sitting in the federal reserve bank.

its not inflation i fear right now ,its a recession again or worse deflation .

all our money thats supposed to feed other areas of our economy is sucked away into food and energy. for an economy that counts on consumer spending for 70% of its gdp its this shortage of spending money all of us have doesnt look good and appear to be the seeds of deflation far more than any inflation..

inflation is when we all have money to spend and unemployment is low and we can all afford to buy this and that.

today with no additional money coming in we are all reduced to buying this or that.

just looking at europe, the central banks are going to eventually have to sell lots of other assets to raise cash for bail outss. selling assets in that kind of numbers is also deflationary.

looks like once again the bond markets are calling the future right again. with long term rates at 2.8% or so they are predicting pretty low growth and overall low inflation.

that really goes against the grain of what we all believe but the fact is just think about the fact that most of america isnt spending that much more they are just spending what they have differently with the bulk going for food and energy at the expense of other things we might have bought.
On the one hand you're right but you're not taking into account hot money flows of USD.This is why we're seeing inflation in commodities which then comes back to the US consumer in the form of higher energy and food costs. While we can't have broad based, sustained inflation because even nominal wage growth is negative, we we are and will continue to have inflation in sectors that absorb hot money flows.

I agree with you that deflation in the developed world is still the name of the game but don't discount the short term inflationary pressures of devaluing a reserve currency.
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