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Old 08-14-2012, 04:08 PM
 
79,909 posts, read 44,400,217 times
Reputation: 17214

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Quote:
Originally Posted by HappyTexan View Post
Well I certainly hope no one is thinking trickle down refers to government money because that's a black hole as far as I'm concerned.
Basically that's what this argument boils down to. Yes, there are many corporations loaded down with money and they are not spending it. They didn't get all this money because they are selling more things. They got this because the government programs to reinflate the markets.

Now many want to complain that this didn't work (duh) but they refuse to blame the government, they want to blame everyone else.
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Old 08-14-2012, 04:19 PM
 
Location: NE Ohio
30,419 posts, read 20,377,839 times
Reputation: 8958
Quote:
Originally Posted by bumpus7 View Post
.
The Rich Are Hoarding Cash -- and That's Not Good


The Rich Are Hoarding Cash -- and That's Not Good - Yahoo! Finance
.
The "rich" can do whatever they want with their cash. It does not belong to you, and it does not belong to me. I couldn't care less what they do with it. It's theirs. You can stuff it up your nose.

I don't blame them for "hoarding" their money in this Obama economy.

When we return to a government that does not demonize achievement, and the job creators, they invest in our economy again.

It is Obama that has created this situation. He is a scum bag!
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Old 08-14-2012, 04:24 PM
 
Location: Sango, TN
24,813 posts, read 24,463,237 times
Reputation: 8674
FDRs fed chairman equated the economy leading up to the depression as a poker game. When everyone first sits down, the game goes well, everyone playing, money changing hands, everyone's in the game. But suddenly one person wins more money, giving them betting advantages during the game, forcing other players into higher and higher stakes until they drop out. Sooner or later, one guy has all the money, and the game stops.

That was what happened during the depression.

Money being pooled at one end, or the other, is not good for the economy.
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Old 08-14-2012, 04:27 PM
 
Location: NE Ohio
30,419 posts, read 20,377,839 times
Reputation: 8958
Quote:
Originally Posted by NJBest View Post
That's not how it works in real life.
These people are clueless!
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Old 08-14-2012, 05:43 PM
 
Location: NJ
18,665 posts, read 20,025,227 times
Reputation: 7315
Quote:
Originally Posted by nononsenseguy View Post
The "rich" can do whatever they want with their cash. It does not belong to you, and it does not belong to me. I couldn't care less what they do with it. It's theirs. You can stuff it up your nose.

I don't blame them for "hoarding" their money in this Obama economy.
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Old 08-14-2012, 06:41 PM
 
Location: Great State of Texas
86,052 posts, read 84,720,767 times
Reputation: 27720
Quote:
Originally Posted by Memphis1979 View Post
FDRs fed chairman equated the economy leading up to the depression as a poker game. When everyone first sits down, the game goes well, everyone playing, money changing hands, everyone's in the game. But suddenly one person wins more money, giving them betting advantages during the game, forcing other players into higher and higher stakes until they drop out. Sooner or later, one guy has all the money, and the game stops.

That was what happened during the depression.

Money being pooled at one end, or the other, is not good for the economy.
The roaring 20's was full of people spending beyond their means and getting heavy into debt.
Plus the stock market was the game in town with many buying stocks on margin.
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Old 08-14-2012, 07:33 PM
 
Location: OCEAN BREEZES AND VIEWS SAN CLEMENTE
19,893 posts, read 18,494,412 times
Reputation: 6465
Quote:
Originally Posted by stayinformed40 View Post
Exactly!!!

It makes me sick to hear the da*n idiots on the left spew what they think someone else should do with their own money!

As you said, go out and earn it. There is never a time when it is ok to tell anyone they should spend their money and not save it. It is disgusting and has been a common theme with the lousy excuse of a socialist president we unfortunately have in the white house now.

Thank goodness that will all change soon when Romney and Ryan take over. lefties better start learning to earn their own lot in life and stop holding their hands out waiting for someone to take from the rich.

That's what i'm talking about, agree with both of you on this. You know the guys that Yell the loudest, cry, the hardest, talk a good game, point their fingers elsewhere, are the cheapest people around! Biden is one of them?

This is no longer a go out and earn it society, it is a entitlement soceity, just look at our welfare statistics and the number of people on food stamps since Obama has been running things. We are now known as a welfare Nation, nothing to be proud of. More homeless then ever before.
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Old 08-14-2012, 07:38 PM
 
Location: OCEAN BREEZES AND VIEWS SAN CLEMENTE
19,893 posts, read 18,494,412 times
Reputation: 6465
Quote:
Originally Posted by nononsenseguy View Post
These people are clueless!
Clueless and ignorant to boot! glad you know this nononsenseguy; but of course you would. Friend take it easy.


Better take your money out of your bank, wouldn't want the rich, to hoard all of the cash now would you!
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Old 08-14-2012, 07:44 PM
 
Location: Police State
1,472 posts, read 2,417,663 times
Reputation: 1232
Who would be dumb enough to splurge on investments in this economy?
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Old 08-14-2012, 11:09 PM
 
Location: Philadelphia Area
1,720 posts, read 1,320,806 times
Reputation: 1353

A TED Talk on Income Inequality by Nick Hanauer - YouTube
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