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Old 11-21-2009, 04:02 PM
 
Location: Fairfield, CT
6,981 posts, read 10,950,129 times
Reputation: 8822

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Quote:
Originally Posted by treasurekidd View Post
You are so right! Unfortunatley, it's easier to sit around a ***** and point fingers than to actually get up and DO SOMETHING, and most Americans today want to take the path of least resistance. In the end though, I have faith that we will wake up and right the wrongs of the past 40 years.
I surely hope so. Our future depends on it.

I don't think it can happen with the two political parties we have as currently constituted. We need to either peel the better elements out of both parties and form a third party, or force a political realignment that marginalizes the extremes in both parties and brings people together who are willing to move past the useless rhetoric and blame game.

We have all been manipulated by the two parties that distract us from the real issues while they both deliver garbage on the real issues. The remarkable thing, in this age of great partisan divide, is how much of a tacit consensus the two parties have had on economic policies. Both have been ardent advocates of spending more than we have, borrowing to make up the difference, and ignoring gathering problems. They've pitched the policy differently, to appeal to their different constituencies, but the end result is nearly identical.
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Old 11-21-2009, 04:05 PM
 
975 posts, read 1,754,983 times
Reputation: 524
Quote:
Originally Posted by treasurekidd View Post
That's for sure. The only unraveling happening around here is in the minds and crackpot theories of all the doom-and-gloomers who hang around this forum.
Agreed!

Btw, the story is filled with wrong info, data, lies or whatever you want to call them. For one, the richest 400 have taken a beating, they didn't gain wealth.

The Richest People In America - Forbes.com
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Old 11-21-2009, 04:05 PM
 
1,955 posts, read 5,267,243 times
Reputation: 1124
Quote:
Originally Posted by dazzleman View Post
I surely hope so. Our future depends on it.

I don't think it can happen with the two political parties we have as currently constituted. We need to either peel the better elements out of both parties and form a third party, or force a political realignment that marginalizes the extremes in both parties and brings people together who are willing to move past the useless rhetoric and blame game.

We have all been manipulated by the two parties that distract us from the real issues while they both deliver garbage on the real issues. The remarkable thing, in this age of great partisan divide, is how much of a tacit consensus the two parties have had on economic policies. Both have been ardent advocates of spending more than we have, borrowing to make up the difference, and ignoring gathering problems. They've pitched the policy differently, to appeal to their different constituencies, but the end result is nearly identical.
I would like to see all political parties outlawed in this country. Force politicians to make themselves known on the issues, and force the ignorant masses to actually learn the issues before voting.
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Old 11-21-2009, 04:48 PM
 
Location: Heartland Florida
9,324 posts, read 26,749,371 times
Reputation: 5038
The problem is that the laws are selectively enforced. When everyone does not play by the same rules is it any wonder that many players simply leave the game? To have a society you need fair and clear laws. The Constitution was the basis of this. By allowing the legal system to become so dysfunctional and biased toward one class (lawyers) it has become obsolete. To bring the US back from the brink real legal reform is necessary. The police state needs to be scrapped along with the elite.
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Old 11-21-2009, 05:17 PM
 
Location: Planet Eaarth
8,954 posts, read 20,681,743 times
Reputation: 7193
Quote:
Originally Posted by Traderx View Post
Agreed!

Btw, the story is filled with wrong info, data, lies or whatever you want to call them. For one, the richest 400 have taken a beating, they didn't gain wealth.

The Richest People In America - Forbes.com
It's true that the richest have "lost" money but as anyone can see from this quote the amount of loss isn't a real concern for them.

"America's super rich are getting poorer. For only the fifth time since 1982, the collective net worth of The Forbes 400, our annual tally of the nation's richest people, has declined, falling $300 billion in the past 12 months from $1.57 trillion to $1.27 trillion!!!"

All I can say is......Oh well..........
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Old 11-21-2009, 05:35 PM
 
975 posts, read 1,754,983 times
Reputation: 524
Quote:
Originally Posted by Tightwad View Post
It's true that the richest have "lost" money but as anyone can see from this quote the amount of loss isn't a real concern for them.

"America's super rich are getting poorer. For only the fifth time since 1982, the collective net worth of The Forbes 400, our annual tally of the nation's richest people, has declined, falling $300 billion in the past 12 months from $1.57 trillion to $1.27 trillion!!!"

All I can say is......Oh well..........
Yes, but thats not what your article says. Your article is based on the premise that the rich have looted the poor and gotten wealthier as the poor have gotten poorer.

"As the looting is occurring at the top, the US middle class is just beginning to collapse"

Basically the article is pure trash wriiten for the sole purpose of proving someone's predetermined notion rather than an honest assesment of fact.
I'd be willing to bet that everytime the financial system in this country has collasped someone was writting stupid crap like this guy.

Fear sells especially well at times like this though so I can't blame him for capitalizing on it. Given that it appears his claim to fame is running a social networking site he better hope this junk sells..LOL! Btw, I love how he lists his favorite book as Propoganda: The formation of attitudes.. LOL! Hmmm, wonder where he got his ideas..Too funny.
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Old 11-21-2009, 06:37 PM
 
Location: Planet Eaarth
8,954 posts, read 20,681,743 times
Reputation: 7193
"Basically the article is pure trash wriiten for the sole purpose of proving someone's predetermined notion rather than an honest assesment of fact.
I'd be willing to bet that everytime the financial system in this country has collasped someone was writting stupid crap like this guy."

That means whatever truth it holds clashes with your values beliefs and that's all it means.
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Old 11-21-2009, 06:47 PM
 
Location: Great State of Texas
86,052 posts, read 84,481,831 times
Reputation: 27720
I do believe the looting was done at the top and at the expense of the middle class.
But I do not believe that those "at the top" appear in Forbes. The true elite stay in the shadows.
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Old 11-21-2009, 07:46 PM
 
48,502 posts, read 96,856,573 times
Reputation: 18304
The fact that 50% of american have no sills that allow them to pay income tax shows the state the country is in. Its quickly become a dependent state with so many dependent on fewer and fewer people.We see the result now in the icmoe agp widening all the time.
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Old 11-21-2009, 08:12 PM
 
Location: Warwick, RI
5,477 posts, read 6,305,303 times
Reputation: 9529
Quote:
I do believe the looting was done at the top and at the expense of the middle class.
If by "looting" you mean the massive deficit spending our government has done, than yes, you are correct. And if by "at the expense of the middle class" you mean the massive taxes we and our children are facing to pay these debts, then you are also correct.

The real looting was done in advance by the government in response to the supposed "emergency" our economy faced, and we will pay for it for decades, which is exactly what the modern socialist movement wants. The next step in their massive power play is this health care boondogle. Goodluck to all of us in paying that bill.
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