Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
Actually the bailout of Wall Street came at a PROFIT to the working class.. And the bailout came from the FED, which is not the working class..
try again..
We have no real clue what the Fed did and there is no way the working class benefited. The money the banks supposedly used to repay their loans was just other money the Fed's gave them.
See, we can agree here. Under normal situations I would not agree with Sanders in his ideas of funding college BUT I love his plan to do it. He's going to go after some of the money the working class had to finance to bail out Wall Street. If the bail outs hadn't happened, I wouldn't be for this BUT they did and people deserve their money back.
I have to say this. That protection was brought to us by an administration that lied to us.
Honestly, thats one of the dumbest rationalization I've seen in a long time
Everyone knows we pay for college, its not free. Sanders knows this too, and suggests how to pay for them.
Higher wages....OMg the horror that the massively increased income and productivity might share some of it with the poors.
More welfare? You mean like actually supporting those on social security in some reasonable fashion?
Sure, its santa claus to suggest that in our country at least SOME of the benefits should be shared.
So no, what Sanders demonstrates is that while the big money like Clinton can make a difference, in the end its not enough.
Or are you pro-Clinton suddenly? Do you think she is a better candidate? Keep in mind, Sanders would be limited by the Congress and Senate to a massive degree......
Massively increased income.. right.. Sure.. whatever helps you sleep at night in order to live in that fantasy world..
next thread, you'll be whining about big corporations going overseas in order to avoid paying people increased income....
The Democratic stupidity never ceases to amaze me..
We have no real clue what the Fed did and there is no way the working class benefited. The money the banks supposedly used to repay their loans was just other money the Fed's gave them.
Since you acknowledge the money came from the FED, then you acknowledge it did NOT come from the working class..
Since you acknowledge the money came from the FED, then you acknowledge it did NOT come from the working class..
Their actions caused the prices of nearly everything to rise. The middle class pays this. They lowered interest rates to zero. The middle class that had relied on interest on their money to see them through had to go back to work. I can continue.
Their actions caused the prices of nearly everything to rise. The middle class pays this. They lowered interest rates to zero. The middle class that had relied on interest on their money to see them through had to go back to work. I can continue.
So your thought process is, lets "massivly" increase wages, which increases the cost of "nearly everything", and then give people free college, which requires more taxes, which then increases the cost of "nearly everything", even more, thereby resulting in the middle income paying once again for "everything" at a highly inflated cost, while at the same time exporting even more jobs due to the newly increased income, thus increasing federal expenses while decreasing revenues. Like I said.. STUPID...
btw, one could argue the economy improving, higher taxes etc, caused the price of nearly everything to rise. since lower interest on peoples money also resulted in lower debt payments on things like mortgages and such.
So your thought process is, lets "massivly" increase wages,
You might point out where I said that before I'd comment on it.
Quote:
which increases the cost of "nearly everything", and then give people free college, which requires more taxes,
Taxes on the money that Wall Street had handed to them. Why shouldn't that money be spread around to all? Why should only a select few get most of the benefit?
Quote:
which then increases the cost of "nearly everything", even more, thereby resulting in the middle income paying once again for "everything" at a highly inflated cost, while at the same time exporting even more jobs due to the newly increased income, thus increasing federal expenses while decreasing revenues. Like I said.. STUPID...
Wall Street jobs aren't going to be exported.
Quote:
btw, one could argue the economy improving, higher taxes etc, caused the price of nearly everything to rise. since lower interest on peoples money also resulted in lower debt payments on things like mortgages and such.
Please register to post and access all features of our very popular forum. It is free and quick. Over $68,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.
Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.