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Only in your own mind did it help lead to Trump. An absurd assertion.
Milwaukee’s lowest-income neighborhoods offer one explanation for the turnout figures. Of the city’s 15 council districts, the decline in turnout from 2012 to 2016 in the five poorest was consistently much greater than the drop seen in more prosperous areas — accounting for half of the overall decline in turnout citywide.
Yes it is our tax dollars. It's also the money that those on retirement got screwed out of with the artificially low interest rates.
There were no artificially low interest rates. The interest rate set by the fed reflected the demand for capital, for the purpose of making money, which of course was 0 around the time of 2008 crisis.
I cannot believe you have the gall to ***** about anything anybody did that led to Trump.
Wonders never cease. How's the Republican shill Jill Stein working out for ya?
Exactly.
That said - I don't believe all of middle America was praying for Wall Street to blow up. Since most of us working hacks have some type of investments - be it 401k's , pension plans, whatever - most working stiffs had an interest in NOT entering a global depression.
OP has always been sad that we didn't let Wall Street just burn to the ground in 2008. I get that it would have been satisfying ~ but it would have also greatly harmed the working class.
Indeed if you are at the top. But one has to note, it helped lead to Trump.
All economic policy ultimately helps the most, those who are at the top. This is unavoidable. The question is, whether Fed policies overwhelmingly hurt some, so that others could unfairly benefit. If you believe that that is the case, you'll have to show evidence, beyond mere rhetoric.
Quote:
Originally Posted by pknopp
Yes it is our tax dollars. It's also the money that those on retirement got screwed out of with the artificially low interest rates.
This is only true, if some substantial portion of your portfolio is "invested" in bank certificates of deposit, or money-markets. But such "investments" rarely even keep up with inflation, let alone generated good return on capital.
Quote:
Originally Posted by pknopp
There is nothing she can tell them that they do not already know.
This is always and invariably the case. Celebrity speakers at fancy dinners are there to reinforce what the audience already knows, to bestow on them the proverbial warm-fuzzy. They’re paid to be a melding of cheerleader, therapist and priest. If they have new technical information to share, such as the latest research, this would be done at a professional conference, and not at a dinner. Authors presenting at conferences are almost never paid, and instead are motivating by the prestige of being able to present their work amongst their peers. Speakers at fancy dinners, on the other hand, are motivated by money and by networking-opportunities.
Quote:
Originally Posted by Ringo1
I don't believe all of middle America was praying for Wall Street to blow up. Since most of us working hacks have some type of investments - be it 401k's , pension plans, whatever - most working stiffs had an interest in NOT entering a global depression.
OP has always been sad that we didn't let Wall Street just burn to the ground in 2008. I get that it would have been satisfying ~ but it would have also greatly harmed the working class.
Pensions of steel-workers or coal-miners are ultimately invested in the stock market. 401Ks of architects, landscape-business owners, middle-managers and truck drivers are ultimately invested in the stock market. The stock market is ALL of us, whether we look like John Pierpont Morgan, or Alexey Stakhanov.
I cannot believe you have the gall to ***** about anything anybody did that led to Trump.
Wonders never cease. How's the Republican shill Jill Stein working out for ya?
Great. I would hope to have a valid choice that might win this time but it's not looking positive.
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