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It is an honor to be redundant with the video but consider the Wall St Protestors are holding hands with the unions and the Obama administration.
Take a moment to see your heroes in action and listen to the depth of their financial acumen, tested by time.
Aren't you proud to stand shoulder to shoulder with these august legislators. Call them your representatives, call them your saviors. Don't worry, we will do our best to simply 'recall' them.
a majority of subprime loans linked to the 2008 financial crisis were originated by lenders which are not regulated by the CRA, so no, that's not how it happened. Banks were forced to not discriminate in lending, and give fair terms. as another example, in 2009 55% of commercial loans were underwater, and these loans have no association to CRA at all. virtually all legal and financial experts have spoken, and have indicated that the CRA loans tend to be safe and profitable, while the non-CRA loans are often of the subprime stature. but keep buying into that garbage. i have a bridge to sell you, give me a call.
and the unemployment rate? come on. if you think that Obama taking office caused the bleeding of enough jobs within 2 months to increase it to 7%, without having been effected in any way by the prior 8 years of policy decision, 6 of which was a republican controlled congress, then you're either ignorant or biased.
mass. healthcare costs have risen 1%, and virtually everyone in the state is covered. i'd say that's pretty damn good.
what's happening in Greece and very few parts of Europe is happening to economies that do not have diverse industries and do not have reliable exports. If you want to compare the U.S. economy to a Eurozone, compare it to Germany, which is doing well even while they are shouldering the burden of some of the poorly managed Eurzone countries.
greece's retirement age is almost a decade sooner than ours. their pension benefits from the government are exponentially larger than our social security program and medicaid program. and they have huge issues with collecting tax revenues.
no it doesn't sound familiar, because we still have money to fund social security, and fixing the future issues of the program are relatively minor financial moves or tax moves. our property taxes are high because NJ has gone down a road of very high level of service, in both public schooling, county services, and state services. we haven't funded pension payments in over a decade, so don't kid yourself into thinking that's part of our high property taxes.
i personally don't know anyone who believes they are owed a job or owed a college education. but feel free to introduce me to one. i live in west orange, and would be happy to travel to meet your real life examples.
i think you'll be shocked i guess, as you watch this movement spreading to other cities, big and small, across the country. people are fed up. middle class people are tired of being told that we need to be at historically low tax rates, and go even lower, or otherwise, the great "job creators" won't do anything for us. well, that class of people is going to start losing power. and they'll cling to anything from calling people communists to criticizing people that can afford an ipod (less than $100) and dismissing them as hypocrites.
Guess what? We can buy products and still believe that the country is not headed in the right direction when large corporations and wealthy individuals control virtually all of the politicians. that includes powerful lobbyist groups such as the UAW and Teamsters.
a majority of americans don't believe that you're using the term class warfare appropriately. asking people to roll back to the tax rates that existed during the prosperous 90s is not class warfare. but asking people to give up many of the services that have helped build our country into one of the greatest in the world is.
again - amazing that you guys don't realize, just because some of us are of good means doesn't mean we've tossed our morals out the window.
Power to da people. Let the companies ship the money and jobs overseas in the name of corporate greed and than toss us the rotten apples to survive. These companies that r crying have the most money on their books in over 50 years and r crying about regulations. If they were that bad the wouldn't be able to stockpile billions in banks overseas. This BS is for them to make even more money.
Another helpful way to limit the influence of the PACS, etc. would be to put a legal limit on the length of all campaigns. Campaigning now is for the better part of two years, so loads of money is needed. If it was legally mandated that all forms of campaigning could only be for a pre-determined short period (say 2 months), they wouldn't need so much money and the special interests, while they would still be there, wouldn't exert quite as much influence.
this won't happen though because of the "states' rights" attitude. which, i can't say i completely disagree with, but for efficiency sake, national election should have campaigning set up by region. that would allow a candidate to go to a region, campaign all across that region for a set period of time, then move on to the next region. no results should be released until the entire country has been covered. so no more of this state by state competition to have the earliest primary just to draw attention to the state fair so people can eat deep fried corndogs coated with deep fried oreos dipped in coca-cola.
greed is a good thing with appropriate regulation.
Greed by definition is not a positive thing. "Intense and selfish desire for something, esp. wealth, power, or food."
The fact you need to regulate it, should tell you something
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