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Post by elberethe on Jul 31, 2008 1:57:45 GMT -5
On a happier note, I wish I could have screwed up so much at my job that my employer felt the pinch and made 14 million dollars and got a nice severance package. I never had a job that good. Have you? Who needs bailing out when you got that kinda cash.
You people seriously don't see the difference between them and us yet?
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Post by saunterelle on Jul 31, 2008 2:07:52 GMT -5
"You people seriously don't see the difference between them and us yet?"
Of course they don't, they live in denial (blind patriotism?). When Republicans cut taxes on oil companies, enabling them to make record profits while we pay out our ass for gasoline they somehow justify it and think the answer is to simply "drill more." When the divide between rich and poor grows exponentially whenever Republicans are in power they say "that's capitalism at its finest." And any measure designed to even the playing field they label "socialism" and call it a day.
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Post by elberethe on Jul 31, 2008 2:34:02 GMT -5
Because of stagnant wages and the resulting increase in income inequality, the share of the nation’s income flowing to the top 1 percent rose to 22.9 in 2006 from 16.9 percent in 2002, a level not seen since 1928, at the peak of the stock market bubble.[2] Corporate chief executives are among those at the very top. [glow=red,2,300]CEOs of large U.S. companies averaged $10.8 million in total compensation in 2006, more than 364 times the pay of the average U.S. worker[/glow], according to the latest survey by the United for a Fair Economy.
Yes, the Capitalism at it's finest. But then, we know that these CEOs do so much more of the work and had to get educated also so they must deserve to make more then the average US worker. Right?
This would be the same CEO's responsible for the mortgage crises? Oh, wait! No, the borrowers were responsible for that .. ignorant bums borrowing money they couldn't repay .. idiots. ;D
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Post by subdjoe on Jul 31, 2008 8:53:19 GMT -5
Elberethe, you said "I'm educated." Care to post your bonifides here?
Oh, wait, you did: "To make matters worse, I'm Native American. I suffered childhood abuse and 10 years of my life was spent in a drug-induced, alcholic stupor trying to take the easy way out (which wasn't so easy). I finally gave up on that and went to college. I listened alot. I questioned alot. I read alot. I educated myself."
So, what degrees did you award yourself?
From your rants, it sounds as if you are carrying a full load of "I'm a victim, and it is THEIR fault" on your shoulders. One other person here has a similar background - I think it is New Guy, but has a view 180 from yours. Wonder why the difference.
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Post by jgaffney on Jul 31, 2008 11:47:56 GMT -5
[glow=red,2,300]CEOs of large U.S. companies averaged $10.8 million in total compensation in 2006, more than 364 times the pay of the average U.S. worker[/glow] That's kinda a cute font. I'll have to try that myself. It sounds to me like you arre echoing the claims of the socialists of the early 1900's. The epitome of that position was the Russian Revolution and the Communist regime of the USSR. The side line on that was that the people pretended to work, and the State pretended to pay them. Hears a headline for you: [shadow=red,left,100]Communism Collapsed.[/shadow] When the people got a whiff of freedom after the Helsinki Accords were signed in 1975, the communist regimes collapsed from the inside. Most people strive to make their life better. Some people lose sight of the need for a balace in their lives, but they'll learn later. Some people feel that it's never their fault when they step into the dog doo. These are the people that are the targets of this current bill, which saves the people who either bought more house than they could afford, or lied on their income declarations in order to get a bigger loan, or gambled that the ever-increasing cost of housing would save them when their adjustable mortgage came due. The lenders are also at fault because they pushed loans on those kinds of people with no thought to the true ability to repay, because the loans would be sold almost immediately, so there was no risk to the original lender. If the homebuyers had stuck with houses that they could truely afford, if the lenders had stuck with loan parameters that made sure that loans were reasonable, we wouldn't be in this current mess. Income disparities only affect this current issue in that people were striving to live higher than they could really afford.
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Post by JustMyOpinion on Jul 31, 2008 13:32:34 GMT -5
Most people strive to make their life better. Some people lose sight of the need for a balace in their lives, but they'll learn later. Some people feel that it's never their fault when they step into the dog doo. These are the people that are the targets of this current bill, which saves the people who either bought more house than they could afford, or lied on their income declarations in order to get a bigger loan, or gambled that the ever-increasing cost of housing would save them when their adjustable mortgage came due. The lenders are also at fault because they pushed loans on those kinds of people with no thought to the true ability to repay, because the loans would be sold almost immediately, so there was no risk to the original lender. If the homebuyers had stuck with houses that they could truely afford, if the lenders had stuck with loan parameters that made sure that loans were reasonable, we wouldn't be in this current mess. Income disparities only affect this current issue in that people were striving to live higher than they could really afford. You are EXACTLY right! I hold the lenders and home buyers responsible for the lack of accountability on both ends. ARM's were/are a gamble and that's not an unknown fact.
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Post by jgaffney on Jul 31, 2008 14:15:46 GMT -5
When Republicans cut taxes on oil companies, enabling them to make record profits while we pay out our ass for gasoline they somehow justify it and think the answer is to simply "drill more." When the divide between rich and poor grows exponentially whenever Republicans are in power they say "that's capitalism at its finest." And any measure designed to even the playing field they label "socialism" and call it a day. For those of you who are chronologically challenged (history-deficient), taxes were cut on oil companies back in the 80s, when oil was $20 a barrel, to stimulate production in the Gulf of Mexico. Guess what - it worked! So, rather than going back and revising the tax structure on the oil companies, the Left rants about excess profits. When I look around, I see a lot of rich liberals, too. Take Hollywood, for example. Are Alec Baldwin, Barbara Streisand and Darryl Hannah also on your s**t list? How about George Soros? Conservatives believe in equal opportunities, while liberals believe in equal outcomes.
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Post by saunterelle on Jul 31, 2008 14:20:55 GMT -5
When Republicans cut taxes on oil companies, enabling them to make record profits while we pay out our ass for gasoline they somehow justify it and think the answer is to simply "drill more." When the divide between rich and poor grows exponentially whenever Republicans are in power they say "that's capitalism at its finest." And any measure designed to even the playing field they label "socialism" and call it a day. For those of you who are chronologically challenged (history-deficient), taxes were cut on oil companies back in the 80s, when oil was $20 a barrel, to stimulate production in the Gulf of Mexico. Guess what - it worked! So, rather than going back and revising the tax structure on the oil companies, the Left rants about excess profits. When I look around, I see a lot of rich liberals, too. Take Hollywood, for example. Are Alec Baldwin, Barbara Streisand and Darryl Hannah also on your s**t list? How about George Soros? Conservatives believe in equal opportunities, while liberals believe in equal outcomes. I'm not ranting about the tax cuts in the 80s I'm ranting about the tax cuts in 2005! www.washingtonpost.com/wp-dyn/articles/A63958-2005Apr18.html
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Post by The Big Dog on Jul 31, 2008 15:09:21 GMT -5
So the solution, or so it would seem to some, is to reward people who should have known better, morons who didn't know better, degenerate gamblers and lenders who were essentially crooked by forcibly excising money from the rest of us to make those four classes of losers through their own deeds, whole.
They all screwed up. Why should the rest of us be forced to bail them out? If my money is going to be removed from me forcibly and bail out some asswipe who didn't read what he was signing, then I want the deed to his house and he can pay me to live there until he has paid off his debt to me.
What's next, do you suppose? A "five year plan" from Mr. Obama? After all, we know how well those worked out in the old Soviet bloc, don't we?
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Post by mrroqout on Jul 31, 2008 15:16:05 GMT -5
Elberethe, you said "I'm educated." Care to post your bonifides here? Oh, wait, you did: "To make matters worse, I'm Native American. I suffered childhood abuse and 10 years of my life was spent in a drug-induced, alcholic stupor trying to take the easy way out (which wasn't so easy). I finally gave up on that and went to college. I listened alot. I questioned alot. I read alot. I educated myself." So, what degrees did you award yourself? From your rants, it sounds as if you are carrying a full load of "I'm a victim, and it is THEIR fault" on your shoulders. One other person here has a similar background - I think it is New Guy, but has a view 180 from yours. Wonder why the difference. Actually I believe you are referring to me as the same background 180 difference. Walked off the reservation at 17, paid my own way through college two jobs. Now work 17-20 hours a day on my own companies and I am in those tax brackets Obama wishes to screw even harder. You will NEVER hear me complain about my poor childhood, or my families problems with drugs or alcohol. THEY ARE NOT MY PROBLEMS.. eber whatever sounds like the rest of the, "poor us the white man screwed us" crowd I left a LONG time ago. How about PERSONAL ACCOUNTABILITY no one was conned duped or lied to THEY THEMSELVES LIED AND OVERSTATED THEIR INCOMES PLAIN AND SIMPLE!!! Did they possibly do it AT THE SUGGEST of mortage brokers....sure possibly. But if I SUGGEST you jump from a sky scraper...it's still YOUR DECISION. Yea I was gone for a month I was off on The Rockstar Mayhem Fest Tour, back for two weeks then back out on the road for Reading and Leeds!
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Post by subdjoe on Jul 31, 2008 18:21:54 GMT -5
Oh, sorry, Mrroqout. I knew one of the regulars had a background like that. And good for you, you are an example of what hard work and refusing to be a victim can do.
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Post by jgaffney on Aug 1, 2008 0:05:39 GMT -5
You know, sometimes I think how much easier it would be to be a victim instead of an achiever. I could sit back and claim my due from society, and then complain because I don't live as well as other people do. I would have lots of time on my hands to join the Progressive Democrats of Sonoma County. I'm already on their mailing list - it would be a small step to actually start participating in their covens.
I could stop paying my mortgage. I could ignore the multiple demands for payment from the bank, right up to the point when the sheriff comes to throw me out. Then, I could sit on the sidewalk and pose for the PeeDee photographer that I had alerted earlier. The next day, I'd be on the front page, in all my pathetic self.
It's not in my nature to do that. I can't rely on others for what I should be doing for myself. I guess that's why I'm a conservative instead of a liberal.
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