The Rich Are Hoarding Cash -- and That's Not Good For Employment ! ! ! (education, money)

[bumpus7]

Originally Posted by freemkt

If they're regular people, how come I've never seen a millionaire burger flipper?

Did you ever think some of them started out flipping burgers.

Many of the rich people of the world started out with nothing,
and did work making less than a person flipping burgers.
.

[aquietpath]

Originally Posted by wargamer6

Stop whining. All your posts are full of nothing but complaints.

Actually, I think he has hit the nail right on the head with a very accurate assessment of the facts. Maybe hit a little too close to home?

[bumpus7]

Originally Posted by HappyTexan

Because one has to move themselves up from a min wage job. If the best you can do is be a burger flipper for 30+ years then you have sealed your fate in life.

Why would you say

( " If the best you can do is be a burger flipper
for 30+ years then you have sealed your fate in life " )

Thousands of people are happy on min wage jobs and even flipping burgers.

You just said that you would not be happy ! ! ! ...

Originally Posted by HappyTexan

No one is going to hand you money.

I believe you missed that one a mile ...
Just get in line and ask Obama for a free hand out ! ! !
.

[bumpus7]

Originally Posted by dude1984

3. The government should buy/pay off 40 to 60% of the student loan debt (both private and federal loans). While I don't like the idea, it would free up $400 to $600+ billion for those with student loans to put back into the economy.

NO NO NO ! ! !

They wanted the high dollar education and loans
and now can not pay for it ... thats is tuff.

I'M not for pay it of with taxpayers money who worked hard for it so
the students could have a free education at our expense when we
can't afford to put our own children in collage.

They wanted the loan now let them pay for it themselves,
by taking that education and get a JOB where they have to work, and pay it back ! ! !

Forget that OBAMA CON GAME ! ! ! ...

[pknopp]

Hey look. Schumer calling for more of what has lead to this scenario.

Schumer to Fed: Don

[bobtn]

Originally Posted by eRayP

HappyTexan your right, people who expect handouts or will not educate themselves have a poor mans mentality. They have sealed their fate in life. .

[HappyTexan]

That's right. We have a perfect storm hitting us 1/1/2013 if Congress doesn't act.
And it doesn't look like they will so only Bernanke can "save" us by printing more money ?

The can has been kicked down the road but the end of that road is 1/1/2013.

[annerk]

Originally Posted by dude1984

3. The government should buy/pay off 40 to 60% of the student loan debt (both private and federal loans). While I don't like the idea, it would free up $400 to $600+ billion for those with student loans to put back into the economy. I view it as a necessary evil.

Nope. That only teaches entitlement. And many of the graduates of the last decade are entitled enough as it is.

[pknopp]

Originally Posted by annerk

Nope. That only teaches entitlement. And many of the graduates of the last decade are entitled enough as it is.

I always wonder why the discussion always resolves around the idea that others should pay for peoples education but never about how we could bring the costs down?

[eRayP]

Ok pknopp, I'll talk about how we could bring cost down. Subsiding drives prices up so the answer is "stop subsiding" lol. If you want something stop looking for someone else to pay for it.