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Old 10-08-2011, 12:30 PM
 
Location: Randolph, NJ
265 posts, read 597,404 times
Reputation: 216

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I lost count of where, but there was a discussion of "greed is good." Here's my take.... Greed, is good, as long as it has some external control. The term should be ambition. It doesn't have to be either unregulated, grab what you can take greed, or sit home and do nothing... there's lots in between.

"Greed" of a chicken farmer is good when he wants to grow big, but when he cuts corners why feeding chicken dung to chickens that is not good - someone has to look out for the greater good.

"Greed" of an auto company is good... they'll gain bigger market share and sell more vehicles, but not when they increase profits by allowing workers to paint cars without safety gear.... or if they cut costs by taking the first aid kits off the production floor - OSHA may overreach, but we need someone overseeing the process so greed doesn't overtake safety.

The disparity in pay between worker and exec (sometimes the boss gets 275x the pay of the worker) is out of line, but I am not sure government can (or should) control this. The pay of those in the top 1% has skyrocketed in the past 30 years, while the worker's pay has remained relatively flat... eventually the "other 99%" are gonna get pissed.

There's only so much anyone can do to become one of the top 1%... and this should be an issue for this, a real estate website. One of the reasons for the current market is that house prices are going up faster than pay is. Same with health care, education, transportation etc.

It's great to say that you shouldn't spend what you don't have, but we still have to send our kids to college, we need cars for work and we need a place to live. The only option, aside from robbing a bank, is to borrow the money. You increase your debt and then you have the same personal problem that the government does - servicing debt becomes impossible.

So the "other 99%" see this, while seeing inept idiots take golden parachutes worth millions, no changes in policies that led us down this path, and a Congress and president who can't agree on what flavor danish to have at their meetings, no less the real issues that face us.

The Wall St group and the Tea Party have more in common than they'd like to admit. Personally, I think the gov't is worried that they may join forces.
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Old 10-08-2011, 12:43 PM
 
Location: NJ
31,771 posts, read 40,687,864 times
Reputation: 24590
Quote:
Originally Posted by andrew.mensch View Post
It's great to say that you shouldn't spend what you don't have, but we still have to send our kids to college, we need cars for work and we need a place to live. The only option, aside from robbing a bank, is to borrow the money.
one of the reasons college is so expensive is because government subsidizes student loans. just like easy money for mortgages drove up the price of real estate, easy money for education does the same exact thing. i dont think anyone would disagree with your point that regulation is needed but we need smart regulation not more regulation.
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Old 10-09-2011, 05:29 AM
 
Location: On the Rails in Northern NJ
12,380 posts, read 26,848,855 times
Reputation: 4581
So I went down there yesterday...


DSC07265 (http://www.flickr.com/photos/42178139@N06/6225274360/ - broken link) by Nexis4Jersey09 (http://www.flickr.com/people/42178139@N06/ - broken link), on Flickr


DSC07266 (http://www.flickr.com/photos/42178139@N06/6225274528/ - broken link) by Nexis4Jersey09 (http://www.flickr.com/people/42178139@N06/ - broken link), on Flickr


DSC07267 (http://www.flickr.com/photos/42178139@N06/6224755787/ - broken link) by Nexis4Jersey09 (http://www.flickr.com/people/42178139@N06/ - broken link), on Flickr


DSC07268 (http://www.flickr.com/photos/42178139@N06/6224755973/ - broken link) by Nexis4Jersey09 (http://www.flickr.com/people/42178139@N06/ - broken link), on Flickr


DSC07269 (http://www.flickr.com/photos/42178139@N06/6224756139/ - broken link) by Nexis4Jersey09 (http://www.flickr.com/people/42178139@N06/ - broken link), on Flickr


DSC07271 (http://www.flickr.com/photos/42178139@N06/6224756437/ - broken link) by Nexis4Jersey09 (http://www.flickr.com/people/42178139@N06/ - broken link), on Flickr


DSC07272 (http://www.flickr.com/photos/42178139@N06/6224756599/ - broken link) by Nexis4Jersey09 (http://www.flickr.com/people/42178139@N06/ - broken link), on Flickr


DSC07273 (http://www.flickr.com/photos/42178139@N06/6224756783/ - broken link) by Nexis4Jersey09 (http://www.flickr.com/people/42178139@N06/ - broken link), on Flickr


DSC07274 (http://www.flickr.com/photos/42178139@N06/6224756971/ - broken link) by Nexis4Jersey09 (http://www.flickr.com/people/42178139@N06/ - broken link), on Flickr


DSC07275 (http://www.flickr.com/photos/42178139@N06/6224757129/ - broken link) by Nexis4Jersey09 (http://www.flickr.com/people/42178139@N06/ - broken link), on Flickr


DSC07276 (http://www.flickr.com/photos/42178139@N06/6225276246/ - broken link) by Nexis4Jersey09 (http://www.flickr.com/people/42178139@N06/ - broken link), on Flickr


DSC07278 (http://www.flickr.com/photos/42178139@N06/6225276576/ - broken link) by Nexis4Jersey09 (http://www.flickr.com/people/42178139@N06/ - broken link), on Flickr


DSC07279 (http://www.flickr.com/photos/42178139@N06/6224757675/ - broken link) by Nexis4Jersey09 (http://www.flickr.com/people/42178139@N06/ - broken link), on Flickr


DSC07280 (http://www.flickr.com/photos/42178139@N06/6224757855/ - broken link) by Nexis4Jersey09 (http://www.flickr.com/people/42178139@N06/ - broken link), on Flickr
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Old 10-09-2011, 06:15 AM
 
Location: NJ
23,548 posts, read 17,219,108 times
Reputation: 17583
Default Obama endorses Hoffa's call to violence, Pelosi turns silent on violent rhetoric

Flash mob backed by seiu, van jones, moveon.org attracts wannabees for a poor knock off imitation of the 'silent majority and its spawn, the t-party. 'A broken clock is right twice a day', 'the best lies contain an element of truth'. Even a child molestor will offer a bit of candy, so some issues do resonate with America but the socialist/commie meal being served is unpalatable.

Desperate socialist core reluctant to go underground for another generation strikes out. Pelosi's warning of harmful rhetoic breeding violence has been recinded. Obama endorsing Hoffa's violence against political 'enemies' has signaled the rabble to check there electronic devices for a flash mob. Unfortunate for the wannabee participants, the same people who voted for Obama and gave us the 2008 novelty election. They have more photos to add to their 'I took part in an historical election' scrap books.

Obama has his treasury dept stacked with Goldman alum....the same enemy of the wall st protestors who gave NJ Jon Corzine. When logic breaks down you know its a game. Wall st protest, another page from Obamaworld fantasy comics.

Nexis, Great photos.
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Old 10-09-2011, 07:05 AM
 
112 posts, read 134,888 times
Reputation: 68
Let me see, from those pics we see the protesters spouting about:

Wall Street
The Press
Employers determining salary
Egypt wannabe's not taking into account Egypt is falling apart
Justice and Liberty for all
The War
Ronald Reagan
Freeing Ahmad
Pollution
Gay Marriage
Anti-Nuclear Power

OK, so let me get this straight, this started off initially as a movement against Wall St. then the Democrats, the Unions and the Democrat base got involved, and the initial message now has to share a platform with all these other gripes, and no doubt there were more gripes, and protesters as we see tried to storm The Smithsonian. Talk about hijacking a message, and this is going to resonate with the American people how?
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Old 10-09-2011, 08:29 AM
 
Location: NJ
17,573 posts, read 46,137,120 times
Reputation: 16274
Quote:
Originally Posted by andrew.mensch View Post
It's great to say that you shouldn't spend what you don't have, but we still have to send our kids to college, we need cars for work and we need a place to live. The only option, aside from robbing a bank, is to borrow the money. You increase your debt and then you have the same personal problem that the government does - servicing debt becomes impossible.
We don't NEED to send our kids to college.
Most people buy cars well above what their "need" is.
Most people buy houses well above what their "need" is.

So no, you don't need to spend money you don't have to do these things. They are "wants", not "needs".
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Old 10-09-2011, 08:32 AM
 
Location: New Jersey
11,345 posts, read 16,699,701 times
Reputation: 13368
Quote:
Originally Posted by NWJerseyGrl View Post
Let me see, from those pics we see the protesters spouting about:

Wall Street
The Press
Employers determining salary
Egypt wannabe's not taking into account Egypt is falling apart
Justice and Liberty for all
The War
Ronald Reagan
Freeing Ahmad
Pollution
Gay Marriage
Anti-Nuclear Power

OK, so let me get this straight, this started off initially as a movement against Wall St. then the Democrats, the Unions and the Democrat base got involved, and the initial message now has to share a platform with all these other gripes, and no doubt there were more gripes, and protesters as we see tried to storm The Smithsonian. Talk about hijacking a message, and this is going to resonate with the American people how?

Agreed, it's a lot of people protesting about a lot of different agendas.
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Old 10-09-2011, 09:24 AM
 
Location: NJ
17,573 posts, read 46,137,120 times
Reputation: 16274
My favorite sign was "auto plants filling the earth with machines designed for death".
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Old 10-09-2011, 09:51 AM
 
3,984 posts, read 7,075,143 times
Reputation: 2889
"Ronald Reagan sucked balls"...has a certain ring to it.
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Old 10-09-2011, 09:56 AM
 
3,984 posts, read 7,075,143 times
Reputation: 2889
Quote:
Originally Posted by Marc Paolella View Post
So we agree then. You are linking Bush-Obama to a bubble-based real estate economy. Correct. That link should be severed. The government should be out of the real estate business in all forms. It should not be guaranteeing mortgages. It should not be bailing out banks. It should not be setting interest rates. It should not be protecting or defining unions or union relationships with corporations. It should be out of all of it lock, stock, and barrel.

And the good jobs you so desperately want to return will come back as soon as corporations stop fearing illegitimate confiscation of their assets by left-wing Obama types whose goal it is redistribute everything in the universe according to their own warped values. The left wing is so good at consumption, and so **** poor at production. Which explains why they are also so good at envy. And translating that envy into theft by accumulating the political power necessary to take from Peters they hate and give to Pauls they love.

And by the way, a corporation has a perfectly acceptable right to "sit on" trillions of dollars, or quadrillions of dollars, or one dollar. If the money was earned in the normal course of business, it is the corporation's money to spend, or not spend, as they see fit. It is a basic right that is central to a free society. It is nobody's business if someone doesn't want to spend their money. Your only right to decide on spending is with your own money.

Oh, also: There is no such thing as corporate greed. It is an anti-concept. A corporation is formed by people to conduct business and make as much money as possible by providing vital goods, services, and innovations. Corporations are a fantastic element of a Capitalist economy. They mostly turn evil when they are given access to illegitimate political power to gain from force what they cannot earn by conducting business. Another great reason for highly limited government.
Of course those that run corporations are greedy. If they weren't there wouldn't be a need to lobby congressmen constantly AND set up themselves offshore to avoid US taxes. I'm pretty sure all the lobbying they do allows them to pull such an anti-American scam. You & I pay taxes and can't "offshore" ourselves, why should they? According to Republicans like yourself, corporations are people after all!
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