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Old 11-13-2015, 07:43 AM
 
27,307 posts, read 16,217,006 times
Reputation: 12102

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Quote:
Originally Posted by OsloWolf View Post
Our government spends more on the military industrial complex than all other governments, combined. And that my folks comes out of your tax dollars. European countries like France and Norway have similar tax burdens as those of the USA but have much better public services, free health care, etc. Because they don't spend their tax dollars on killing people.
Then feel free to move back to Europe and all that "free" stuff. The glaring difference between Europe and the US is you have to work for what you want rather than have it given to you.

And there are a lot of people in this world that need killing.
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Old 11-13-2015, 07:48 AM
 
17,441 posts, read 9,264,553 times
Reputation: 11907
Quote:
Originally Posted by michiganmoon View Post
Obama's Trickle Down economics known as QE has hurt the little guy. It has concentrated wealth more so in the top 1%. It has also lowered bond rates far below historic averages.

Before anyone says that Obama has nothing to do with this...QE didn't start until Bernanke met with President Elect Obama...and then Obama made every Fed pick big or small....national or regional level to a QE Trickle Down supporter.

QE exists because Obama let it exist. Obama renewed Bernanke, Romney said he would fire Bernanke. Obama then picked QE supporter Yellen.

https://reason.com/archives/2012/09/13/occupy-the-fed

Trickle-down quantitative easing: James Saft | Reuters

Does Quantitative Easing Mainly Help the Rich?
EVERY member of the Federal Reserve Board of Governors is an Obama appointment.
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Old 11-13-2015, 07:48 AM
 
Location: New London County, CT
8,949 posts, read 12,133,952 times
Reputation: 5145
Quote:
Originally Posted by InformedConsent View Post
Grow up. Educate yourself.

Table A-4. Employment status of the civilian population 25 years and over by educational attainment
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Old 11-13-2015, 07:51 AM
 
Location: the very edge of the continent
88,989 posts, read 44,799,475 times
Reputation: 13693
Quote:
Originally Posted by 2e1m5a View Post
Maybe you would like to explain the math then. How can the Federal Reserve time and time again create TRILLIONS out of thin air for the richest and most connected parasites in society but do nothing for the backbone and working class of society?
That's a myth. Wall Street was propped up because Main Street America workers and retirees have $24.7 trillion invested in their pension plans and retirement accounts. Should the government have just let that crash?

ICI Measures Retirement Assets at $24.7 Trillion

Furthermore, homeowners (home price values) were propped up by about $2 trillion in QE which was used by the Federal Reserve to buy GSE (Fannie and Freddie) MBS. Additional national debt had to be created so the Federal Reserve could buy those. Would have been better if investors bought those (they wouldn't given the high default rates of CRA and HUD mandate loans incorporated into the GSE MBS). Wouldn't have added $2 trillion to the national debt if the Federal Reserve didn't have to buy them.

Hussman: How To Spend $1.5 Trillion Without Congressional Approval - Business Insider

FRB: H.4.1 Release--Factors Affecting Reserve Balances--November 12, 2015
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Old 11-13-2015, 07:54 AM
 
174 posts, read 124,470 times
Reputation: 185
Quote:
Originally Posted by InformedConsent View Post
If Keely Mullen is a prime example of what an educated young person is these days, we're in HUGE trouble. She had NO CLUE of which she spoke. Poor girl has rendered herself unemployable in any type of a business capacity whatsoever.

She's a Political Science and Sociology major at Northeastern University, Boston. Liberal arts major. Zero critical thinking skills. Anyone surprised?
What's not surprising is Fox finds the dimmest to represent the other side.
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Old 11-13-2015, 07:56 AM
 
Location: the very edge of the continent
88,989 posts, read 44,799,475 times
Reputation: 13693
Quote:
Originally Posted by mlassoff View Post
Grow up. Educate yourself.
I did. That's why I looked at millennial college grads' employment rate. It's WAY under the employment rate in general.

You should educate yourself. You know, all those college grads with all that student loan debt? They can't get jobs:

http://www.newsweek.com/2015/06/05/m...ss-335821.html
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Old 11-13-2015, 07:57 AM
 
Location: Here
11,578 posts, read 13,945,218 times
Reputation: 7009
Quote:
Originally Posted by Anchorhead1977 View Post
What's not surprising is Fox finds the dimmest to represent the other side.
Yes. It's "Faux" News fault. Clearly you haven't seen the endless supply of idiots attending these events on every news channel.
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Old 11-13-2015, 07:59 AM
 
41 posts, read 47,339 times
Reputation: 81
Quote:
Originally Posted by T-310 View Post
Then feel free to move back to Europe and all that "free" stuff. The glaring difference between Europe and the US is you have to work for what you want rather than have it given to you.

And there are a lot of people in this world that need killing.
It's amazing that you're fine with the government taking your money to build stuff (and kill others with it) that you will never see but when it comes to spending it on things you could use, your kids can use (education, health care) you get hostile. Why? Do you work in the military industrial complex or are you just plain brainwashed?

Btw, I live seasonally in the USA, Miami Beach only in the winter months.

I should also add that benefits in Norway aren't free. We pay for them with our taxes, just as you pay for your war jets, bombs, and guns with your tax dollars. It's just priorities I supposed, we prioritize helping our fellow citizens instead of killing Arab bedouins on the other side of the planet.
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Old 11-13-2015, 07:59 AM
 
Location: the very edge of the continent
88,989 posts, read 44,799,475 times
Reputation: 13693
Quote:
Originally Posted by Anchorhead1977 View Post
What's not surprising is Fox finds the dimmest to represent the other side.
The dimmest? She's one of the lead organizers of the million student march. Interesting that you find her to be quite dim.

What You Need To Know About The Huge Student Protest Sweeping The Country Today | ThinkProgress
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Old 11-13-2015, 07:59 AM
 
Location: New London County, CT
8,949 posts, read 12,133,952 times
Reputation: 5145
Quote:
Originally Posted by InformedConsent View Post
I did. That's why I looked at millennial college grads' employment rate. It's WAY under the employment rate in general.

You should educate yourself. You know, all those college grads with all that student loan debt? They can't get jobs:

http://www.newsweek.com/2015/06/05/m...ss-335821.html
The employment rate for college grads 25 and older is over 97%. Thats significantly higher than those without a college degree. College graduates make, on average, almost a million dollars more over their life time.

You're using a select two year period for a select generation that appears to be an aberation with all other evidence to the contrary.

You're either being intellectually dishonest or you need a little college yourself.
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