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Financial Meltdown!

+7
rosencrentz
eViL tRoLl
FlyingRat
sputnik
grumpy old man
Deank
Zwicky-Zwacky
11 posters

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51Financial Meltdown! - Page 3 Empty Re: Financial Meltdown! Fri Aug 12, 2011 1:21 am

Zwicky-Zwacky



uhhhg, Im so sick of the "go get the evil bad greedy rich" talk lately. Many "rich" families are actually just upper middle class. If you have a few kids, a couple cars then $150,000 isnt living large, but you are comfortable and surviving.

I agree that there is a separation between the rich and poor though lately. The economy is TOAST! Unemployment is actually MUCH higher than todays way of calculating "unemployment"
http://www.shadowstats.com/alternate_data/unemployment-charts


But people are milking the system and they want more and more.

Lobster & Steak Food Stamp Receipt
http://urbanlegends.about.com/od/government/ss/Lobster-Steak-Food-Stamp-Receipt.htm

Sheeple: Government Handouts = 35 Percent Of U.S. Wages, But For Michael Moore, That Is Not Nearly Enough
http://www.dailymarkets.com/economy/2011/03/09/sheeple-government-handouts-35-percent-of-u-s-wages-but-for-michael-moore-that-is-not-nearly-enough/

"Considering the fact that this figure was only 21 percent back in the year 2000 and only 10 percent back in 1960 that is very frightening."


Food stamp use rises to record 45.8 million
http://money.cnn.com/2011/08/04/pf/food_stamps_record_high/index.htm
"NEW YORK (CNNMoney) -- Nearly 15% of the U.S. population relied on food stamps in May, according to the United States Department of Agriculture."

But thats not good enough!

The have-nots are attacking successive people who have worked hard for where they have gotten in their life. They need to focus there attention elsewhere-

Why dont more corporations pay taxes. THAT is what needs to be ASKED!


GE's corporate tax bill: Zero
The company didn't pay any US taxes in 2010. In fact, it got a tax benefit of $3.2 billion.
http://money.msn.com/top-stocks/post.aspx?post=d715c70d-f0d0-4474-8223-2949588e90f6

The top corporate tax rate is supposed to be 35% -- one of the highest in the world. But few companies actually pay that rate, since there are myriad loopholes and other ways to get breaks. Now, the Times reports, only 6.6% of Uncle Sam's tax revenue comes from corporations (down from 30% in the 1950s).[b]

52Financial Meltdown! - Page 3 Empty Re: Financial Meltdown! Fri Aug 12, 2011 3:32 am

grumpyrom

grumpyrom
major-contributor
major-contributor

Agreed 100% Zwicky. My problem is not with those earning lower six figure salaries. It's with those earning 8 and 10 figure salaries along with the corporations. Those are the "have mores" I refer to. Not the school teacher couple down the street.

The right-wing elites and their corporate masters have stolen the future from the next generation. IMHO it's time to start taking some of THAT wealth back. But as evidenced just 2 weeks ago the Tea Baggers were willing to do anything to prevent any measures that would be a step towards that even if it meant dragging down the entire world economy to stop it.

53Financial Meltdown! - Page 3 Empty Re: Financial Meltdown! Fri Aug 12, 2011 7:11 am

Guest

Anonymous
Guest

While I don't see the upper middle class making serfs out of the general population, I do agree that our present financial system closely resembles a ponzi scheme.



What happened in the States with the financial institutions and all that mortgage nonsense illustrates this imo.



You cannot take billions out of the economy through fraud and not have negative consequences.

54Financial Meltdown! - Page 3 Empty Re: Financial Meltdown! Fri Aug 12, 2011 1:01 pm

Triniman

Triniman
general-contributor
general-contributor

Corporations are people.

http://www.cnn.com/video/#/video/politics/2011/08/12/sot.romney.corporations.cnn?hpt=hp_t2

Romney just may be onto something....

55Financial Meltdown! - Page 3 Empty Re: Financial Meltdown! Fri Aug 19, 2011 3:23 pm

Zwicky-Zwacky

Zwicky-Zwacky

Triniman wrote:Corporations are people.

http://www.cnn.com/video/#/video/politics/2011/08/12/sot.romney.corporations.cnn?hpt=hp_t2

Romney just may be onto something....

Romney is a slimeball. Ron Paul for Prez. He is gaining major momentum!

John Stewart Bashes the Media Over Ron Paul
https://www.youtube.com/watch?v=3EY5Ofcxjs0

check out this recent poll with Ron Paul dominating.
http://www.topix.com/issue/fox/gop-debate-aug11



https://www.youtube.com/watch?v=lPpco4eMePQ
Candy Crowley, on State of the Union, claims that Ron Paul is among
the bottom Republican contenders in head to head match-ups against
Obama, despite polls to the contrary. This video juxtaposes her lies
with the polls that prove her wrong.

56Financial Meltdown! - Page 3 Empty Re: Financial Meltdown! Fri Aug 19, 2011 3:32 pm

Zwicky-Zwacky

Zwicky-Zwacky

Triniman wrote:Corporations are people.

http://www.cnn.com/video/#/video/politics/2011/08/12/sot.romney.corporations.cnn?hpt=hp_t2

Romney just may be onto something....

also, in that vid Romney is talking about Medicare and Social Security in the future. There is no way in hell they are ever going to be able to pay those promises. Right now its OVER 100 Trillllllllion.

http://www.usdebtclock.org/ - Very bottom "Unfunded Liabilities"

57Financial Meltdown! - Page 3 Empty Re: Financial Meltdown! Fri Aug 19, 2011 4:00 pm

Deank

Deank
contributor eminence
contributor eminence

Sure they will.

They will invade Canada ( the second largest country in the world ) for our absolutely MASSIVE amount of natural resources.

58Financial Meltdown! - Page 3 Empty Re: Financial Meltdown! Fri Aug 19, 2011 4:43 pm

eViL tRoLl

eViL tRoLl
contributor plus
contributor plus

Deank wrote:Sure they will.

They will invade Canada ( the second largest country in the world ) for our absolutely MASSIVE amount of natural resources.

We better use them up before the Americans get them...

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