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You agree that the deck is stacked because they fought to buy politicians but yet don't think others should fight back using the political system as well?
It's too late for that.
Also, if you hadn't noticed, any attempt to "fight back" would just be some grabasstic disorganized cluster --- like Occupuke.
Quote:
Originally Posted by J746NEW
A balance of power must be reached and right now it is way out of wack and skewed toward the top end.
Uh-huh, that's why I said it's too late.
From a strategy standpoint in terms of time, resources, money and effectiveness, your best way to go is a Constitutional Amendment.
Quote:
Originally Posted by J746NEW
Those people at the top got there using the government for their own ends and do not care what is fair.
Yeah, well, Karl Marx told you exactly that 150 years ago.....you're just now getting the message?
To be forewarned is to be foretold....
Mircea
Quote:
Originally Posted by freemkt
This would be valid if everyone had equal property rights, but we don't.
If I devoted the same amount of time you have to whining about your plight over the last 3 years, I'd already have $750,000 to $1 Million in property.
Not impressed...
Mircea
Quote:
Originally Posted by odinloki1
Wanna see how bigoted you are?
Just read your own post.
The message you have sent is simply this:
"All rich people are hardworking and deserving. Anyone who isn't rich is a lazy ingrate who doesn't ever work."
I never said that. Those are your words;
The fact that you were unable to provide a counter-argument to anything I said is quite revealing.
Quote:
Originally Posted by odinloki1
Far from the truth. There is some moderation. The narrator doesn't want to go to socialism/communism or whatever you want to villify. Its trying to show the extremes that our society really shows and that maybe it doesn't have to be so extreme.
There is no moderation for liars.
He lied. The way he could create "shock and awe" for the simpletons in society is to mislead them by lying, specifically by conflating Wealth, Income and Earnings, and then disingenuously employing the "bait-n-switch" scam.
Quote:
Originally Posted by odinloki1
I agree people need to save and spend less money on silly items.
I never said jack squat about saving.
What I said was the majority of people are totally asinine and act stupid with their money.
Quote:
Originally Posted by odinloki1
However I disagree with some of your statements regarding renting and home purchase.
And that's why people like you have no Wealth, and because you have no Wealth, you don't derive any Income to help build more Wealth.
Quote:
Originally Posted by odinloki1
I also disagree with your bowing to whatever the market says.
I never said squat about bowing to the Market.
What I said was the Laws of Economics are inviolable. If you willing choose to violate the Laws of Economics, then you must pay the price for your insolence. The problem is that everyone wants to violate the Laws of Economics but no one has the guts to pay the price. And when the bill comes due, everyone starts pointing fingers demanding that someone else pay the bill, before the bill collector's arrive.
Quote:
Originally Posted by odinloki1
The market is a few wealthy people extracting as much as they can from everyone else.
That is not what the Market is. If you intend to discuss Economics, at least have the courtesy to understand the lingo.
Quote:
Originally Posted by odinloki1
Need an example: gas prices is a good jumping off point.
If you intend to discuss gasoline prices, at least have the common courtesy to understand the system.
Quote:
Originally Posted by odinloki1
When it comes to renting, as someone who has rented for the past 10 years after college, far too many people are not worth trusting as roommates, apartments are often overpriced and poorly maintained, often leading to difficulty saving.
Excuses, excuses, excuses, excuses.
Quote:
Originally Posted by odinloki1
I'll do one other one. I don't have time to rant like you because I have to work and be responsible. Vehicles: I don't see tons of poor people purchasing 5 wehicles like you perpetuate.
It was just an example, and it doesn't matter. The entire point is that you do not purchase a vehicle unless you first have wealth.
One reason I can pretty much do whatever I want, whenever I feel like it, is because I've only owned 1 new car. That was a mistake, which I never made again. Instead, I did things like a buy a used Dodge Omni for $600, put 30,000 Miles on it and then sold it for $800.
Which makes me infinitely more intelligent than most people walking around in the US, who buy a car with no money down, finance it for 72 months, only to discover that they've gotten upside-down on the car note, so they trade it in for another new car financed for 72 months, only to discover that they've gotten upside-down on the car note, so they trade it in for another new car financed for 72 months, only to discover that they've gotten upside-down on the car note, so they trade it in for another new car financed for 72 months, only to discover that they've gotten upside-down on the car note, so they trade it in for another new car financed for 72 months, only to discover that they've gotten upside-down on the car note, so they trade it in for another new car financed for 72 months....
Lather, Rinse, Repeat....for 30 years.
And then those same people have the unmitigated gall to complain they have no Wealth. But, of course not! They squandered their Wealth, because it was more important to look cool toolin' around in their car.
Quote:
Originally Posted by odinloki1
I could go without a car, gas, and insurance, but taking the bus takes 4 times as long, (2 hours vs. 35 minutes) and my work offers no place to clean up after a bike ride, or a good place to keep my bike. Little reasonable option besides a car. Oh wait, live closer to work you say? I'm renting where I can afford it, and I just moved for a job and my landlord is screwing me out of a ton of money because I needed to leave my lease early.
Excuses, excuses, excuses, excuses.
Quote:
Originally Posted by odinloki1
So instead of your extremist views, I wonder, isn't there a place for some moderation?????
My views are not extreme......nor could they be, since that's how Americans lived up until 30 years ago.
If you spent half as much time and energy building Wealth as you do making up 950 Million excuses why you can't build Wealth, you might actually have some Wealth.
Not impressed...
Mircea
Last edited by CaseyB; 03-10-2013 at 08:36 AM..
Reason: rude
Also, if you hadn't noticed, any attempt to "fight back" would just be some grabasstic disorganized cluster --- like Occupuke.
Uh-huh, that's why I said it's too late.
From a strategy standpoint in terms of time, resources, money and effectiveness, your best way to go is a Constitutional Amendment.
Yeah, well, Karl Marx told you exactly that 150 years ago.....you're just now getting the message?
I guess you're a Slow Learner....maybe Special Needs.
To be forewarned is to be foretold....
Mircea
If I devoted the same amount of time you have to whining about your plight over the last 3 years, I'd already have $750,000 to $1 Million in property.
Not impressed...
Mircea
I never said that. Those are your words; which makes you as biased and bigoted as the moron doing the video.
The fact that you were unable to provide a counter-argument to anything I said is quite revealing.
There is no moderation for liars.
He lied. The way he could create "shock and awe" for the simpletons in society is to mislead them by lying, specifically by conflating Wealth, Income and Earnings, and then disingenuously employing the "bait-n-switch" scam.
I never said jack squat about saving. Your English language skills are atrocious.
What I said was the majority of people are totally asinine and act stupid with their money.
And that's why people like you have no Wealth, and because you have no Wealth, you don't derive any Income to help build more Wealth.
I never said squat about bowing to the Market.
What I said was the Laws of Economics are inviolable. If you willing choose to violate the Laws of Economics, then you must pay the price for your insolence. The problem is that everyone wants to violate the Laws of Economics but no one has the guts to pay the price. And when the bill comes due, everyone starts pointing fingers demanding that someone else pay the bill, before the bill collector's arrive.
That is not what the Market is. If you intend to discuss Economics, at least have the courtesy to understand the lingo.
If you intend to discuss gasoline prices, at least have the common courtesy to understand the system.
Excuses, excuses, excuses, excuses.
You want some cheese to go with that whine?
It was just an example, and it doesn't matter. The entire point is that you do not purchase a vehicle unless you first have wealth.
One reason I can pretty much do whatever I want, whenever I feel like it, is because I've only owned 1 new car. That was a mistake, which I never made again. Instead, I did things like a buy a used Dodge Omni for $600, put 30,000 Miles on it and then sold it for $800.
Which makes me infinitely more intelligent than most people walking around in the US, who buy a car with no money down, finance it for 72 months, only to discover that they've gotten upside-down on the car note, so they trade it in for another new car financed for 72 months, only to discover that they've gotten upside-down on the car note, so they trade it in for another new car financed for 72 months, only to discover that they've gotten upside-down on the car note, so they trade it in for another new car financed for 72 months, only to discover that they've gotten upside-down on the car note, so they trade it in for another new car financed for 72 months, only to discover that they've gotten upside-down on the car note, so they trade it in for another new car financed for 72 months....
Lather, Rinse, Repeat....for 30 years.
And then those same people have the unmitigated gall to complain they have no Wealth. But, of course not! They squandered their Wealth, because it was more important to look cool toolin' around in their car.
Excuses, excuses, excuses, excuses.
You want some cheese to go with that whine?
My views are not extreme......nor could they be, since that's how Americans lived up until 30 years ago.
If you spent half as much time and energy building Wealth as you do making up 950 Million excuses why you can't build Wealth, you might actually have some Wealth.
Mircea is spot on. "They" run government now. It is too late.
Americans were not vigilant enough; apathy set in.
We listen to their words but don't bother to find out what their actions are.
It didn't happen yesterday or last year or last decade.
It's been a low erosion and take over.
You let them take over and you keep sending them back to DC every election.
The Dems found out what the Repubs already knew regarding big business and favors and cushy jobs after political retirement.
Sure it is. As others have already mentioned in this thread, there are very inexpensive homes out there that can be bought.
Since there are homes you are allowed (by government) to rent but not buy, ownership is not scalable to that level. Most markets do not have homes affordable to a burger flipper for purchase.
What is the point of investing if not for getting a return on that money you're putting in? It HAS to be about profit. It's not greedy, it's just the way it works. Have you ever watched Shark Tank? Those guys aren't going to invest if they don't think they're going to get their money back, plus some. That's just common sense. They could also lose it all, the risk has to be worth it.
I understand that. I've gone the investor route before to start a project. And I'm not saying don't make profit. What I'm saying is that profit shouldn't be everything. Quality, customer service, etc. those things matter as well.
That's just my opinion. I don't break my customers with my prices. I even pay their sales tax. It's just the way I do business.
As someone who believes in the free market, I do believe that the "rich" should exist and that just as we have different abilities we will have different incomes and wealth. That is normal.
Yet in a democracy wealth can buy government involvement. When the wealth inequality becomes this great, it is not just a matter of the people rewarding the innovation makers
This inequality gap, at this level, can also point toward government interference and support at the highest levels. The "too big/too rich to fail" motto.
So yes, with a very flat brush, there will always be rich and poor. Yet when it comes to this much inequality history tells you that this might be the result of the rich buying the very democracy.
Interesting point. We however, do not live in a democracy, we live in a democratic republic. If it's proven that our representative is being bought off, we can in fact recall them, and vote in someone else.
I read somewhere that only 3% of the top 1% are entrepreneurs.
It's 3.6 % of the top 0.1 %, according to one study done in 2009 with data from 2004. Which means very few of the very wealthy became that way with their own entrepreneurial talents. In other words, the best way to become wealthy is to start out wealthy.
Since there are homes you are allowed (by government) to rent but not buy, ownership is not scalable to that level. Most markets do not have homes affordable to a burger flipper for purchase.
Don't you understand it, Burger-flipping doesn't add enough value to the US to warrent a salary sufficient to purchase a house.
It is a low-value job, done by people with precious little else to offer society. Not the stuff of home ownership, which is reserved for people who have earned it.
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