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Sep 11, 2013 10:20:25   #
bmac32 Loc: West Florida
 
So what caused the crash? What turned the economy around?

AnnMarie wrote:
Honey, it is not jealousy! I was lucky enough to get a great education, a good job, and happen to be well off, and in the top 5% myself. I have those riches for myself. I am thinking of others, and of the country as a whole. Depressions happen when the middle class and the poor cannot buy what rich people make. It happens when the divide between the rich and poor increases. We are now in the same territory we were before the great depression in the 30's. That is what I would like to avoid. The very wealthy, and their voicebox at Faux news, have programed to you belive that it is jealousy to want the rich to even a bit more in taxes, no where near the rate they paid in the 60's when the marginal tax rate was 95%. Boy, do they have the country buffaloed! When I see a republican bumper sticker on a beater car, I think, wow, Faux news is amazing. Yeah, there is class warfare, and the rich people have won.
Honey, it is not jealousy! I was lucky enough to... (show quote)

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Sep 11, 2013 10:22:09   #
Dave Loc: Upstate New York
 
For those who are impressed with these reports about income distribution and comparisons to the pre-depression era, I'd suggest they might want to look at some information that might lead to different conclusions. What I refer to is to look at consumption - what is the stratification of consumption. If you really believe that the difference between the wealthy and the poor as regards to consumption are similar now to then, you imagine a different world than the one that exists.

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Sep 11, 2013 10:26:39   #
AnnMarie Loc: Madison, Wi
 
Dave wrote:
I believe you are a sincere person, however if you want people other than those who are already on the left to take you serious I'd advise you to stop with the Fox News garbage, and well as the meme that only Republicans are rich. If you, however, believe that meme, I'd suggest you not only watch Fox but to also read more diverse publications that you currently must do.


No, I do not belive that only Republicans are rich. Bill Gates, Warren Buffet, and many other rich people are democrats. I admire rich democrats, as they are v****g for higher taxes for themselve for the good of the country. I see lots of news-CNN, BBC, NY times, pretty much ALL the news outlets except fox, which I do not consider a news outlet. Most of people who watch Fox do not watch any other news, so that is a bit of kettle/teapot. A study was once done that showed people who watched Fox news did worse on a test of current events than people who watched no news at all. In the words of Will Rodgers, It was not what they did not know, it was what they "knew" that was just not so. IE-fox views felt that Iraq was involved in 9/11, the Saddam had weapons of mass destruction, etc.

Sorry, can't lay off Fox, it is a big part of the problem with the US-if news cannot simply report FACTS, but instead propaganda for the side that blesses the owners of network with lower taxes, that is a big problem. News reporters are the guardians of democracy, and Fox has abdicated that role.

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Sep 11, 2013 10:27:16   #
weneedrubio
 
The fact is that the highest per capita income in the world is in Washington DC. That is due to abuse of the federal gov't that has reached epic proportions. The Fed and the federal gov't need to be disbanded. The Democrat party is responsible for this and the others are responsible only in the sense that we are allowing it to happen. You have very bad information you are going by. I am neither Republican nor Democrat and believe the two party system we have become is at fault. The gov't should exist to help us and it has become our enemy.
AnnMarie wrote:
Well, what I think when a rich person v**es democratic, is that they are v****g AGAINST their own personal advantage and for the country-ie patriotic. When I see a rich person v**e republican, I see someone v****g for their own personal interest, ie a selfish bastard. When I see a poor person v****g republican, I see a stupid i***t. OMG, you think that the lady taking applications at the social security office is the rich, and the reason the income disparity is so high??? The 1%, folks, the 1%, who make more in an hour than the poor paper pusher does in a year. Again, Faux news has accomplished their objective-to make people h**e and be jealous of the people one rung higher on the ladder, and not the folks at the top. This reminds me of my favority joke-a worker, a union member and a CEO are at a table with a dozen cookies. The union member and the worker take a cookie, and the CEO takes 10. The CEO tells the worker "Look out, that union member wants YOUR cookie".
Well, what I think when a rich person v**es democr... (show quote)

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Sep 11, 2013 10:31:54   #
weneedrubio
 
BS, the studies showed them to be more informed and if FOX is so terrible, and you are complaining about no other media firm, then what does that make the rest of the media? Liberal shills. It is you that is misinformed. BTW, you would be surprised how little taxes Bill Gates and Warren Buffit pay. They are playing the tax system better then anyone else and claiming to be great citizens too boot. Do you know who the highest tax payers are?
AnnMarie wrote:
No, I do not belive that only Republicans are rich. Bill Gates, Warren Buffet, and many other rich people are democrats. I admire rich democrats, as they are v****g for higher taxes for themselve for the good of the country. I see lots of news-CNN, BBC, NY times, pretty much ALL the news outlets except fox, which I do not consider a news outlet. Most of people who watch Fox do not watch any other news, so that is a bit of kettle/teapot. A study was once done that showed people who watched Fox news did worse on a test of current events than people who watched no news at all. In the words of Will Rodgers, It was not what they did not know, it was what they "knew" that was just not so. IE-fox views felt that Iraq was involved in 9/11, the Saddam had weapons of mass destruction, etc.

Sorry, can't lay off Fox, it is a big part of the problem with the US-if news cannot simply report FACTS, but instead propaganda for the side that blesses the owners of network with lower taxes, that is a big problem. News reporters are the guardians of democracy, and Fox has abdicated that role.
No, I do not belive that only Republicans are rich... (show quote)

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Sep 11, 2013 10:32:18   #
bmac32 Loc: West Florida
 
You think? MSNBC has been caught several times doctoring videos but it's Fox news at fault? What about the unions, they want what, they backed whom? You are one mixed up person.


AnnMarie wrote:
Well, what I think when a rich person v**es democratic, is that they are v****g AGAINST their own personal advantage and for the country-ie patriotic. When I see a rich person v**e republican, I see someone v****g for their own personal interest, ie a selfish bastard. When I see a poor person v****g republican, I see a stupid i***t. OMG, you think that the lady taking applications at the social security office is the rich, and the reason the income disparity is so high??? The 1%, folks, the 1%, who make more in an hour than the poor paper pusher does in a year. Again, Faux news has accomplished their objective-to make people h**e and be jealous of the people one rung higher on the ladder, and not the folks at the top. This reminds me of my favority joke-a worker, a union member and a CEO are at a table with a dozen cookies. The union member and the worker take a cookie, and the CEO takes 10. The CEO tells the worker "Look out, that union member wants YOUR cookie".
Well, what I think when a rich person v**es democr... (show quote)

Reply
Sep 11, 2013 10:35:04   #
bmac32 Loc: West Florida
 
You need to wake up, if no Fox news half the stories would never be reported.

AnnMarie wrote:
No, I do not belive that only Republicans are rich. Bill Gates, Warren Buffet, and many other rich people are democrats. I admire rich democrats, as they are v****g for higher taxes for themselve for the good of the country. I see lots of news-CNN, BBC, NY times, pretty much ALL the news outlets except fox, which I do not consider a news outlet. Most of people who watch Fox do not watch any other news, so that is a bit of kettle/teapot. A study was once done that showed people who watched Fox news did worse on a test of current events than people who watched no news at all. In the words of Will Rodgers, It was not what they did not know, it was what they "knew" that was just not so. IE-fox views felt that Iraq was involved in 9/11, the Saddam had weapons of mass destruction, etc.

Sorry, can't lay off Fox, it is a big part of the problem with the US-if news cannot simply report FACTS, but instead propaganda for the side that blesses the owners of network with lower taxes, that is a big problem. News reporters are the guardians of democracy, and Fox has abdicated that role.
No, I do not belive that only Republicans are rich... (show quote)

Reply
 
 
Sep 11, 2013 10:37:01   #
weneedrubio
 
Worse, only liberal stories and Federal gov't authorized stories would be reported.
bmac32 wrote:
You need to wake up, if no Fox news half the stories would never be reported.

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Sep 11, 2013 10:37:14   #
AnnMarie Loc: Madison, Wi
 
bmac32 wrote:
So what caused the crash? What turned the economy around?


What caused the crash? Poor regulation of the banking industry and the lack of consumer demand as people were too poor to buy what rich people made. What got us out of the crash-government spending-at first CCC, WPA in Roosevelts first term, which was helping, but was turned off when his party lost the midterms. Government spending for WW2 got us out of the depression-spending on military, and then on consumer goods after the war. Banking regulation, social security, unemployment, rural electification, GI bill, all the programs that helped the middle class and narrowed the gap between the richest and poorest Americans.

Somehow, I get the impression that republicans have a problem learning from history. The only answer, to any question is "Cut taxes for the wealthy and it will trickle down" which has NOT WORKED, but they belive in it like the body and blood of Jesus Christ and want to apply it over and over and somehow get different results, which is the definition of insanity.

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Sep 11, 2013 10:43:10   #
bluejacket
 
hprinze wrote:
Insane jealousy and class hatred of anybody who is successful in private enterprise.

If they would spend half as much energy on trying to improve themselves as they spend whing about "the rich" they might get some of those riches for themselves.


it isn't insane jealousy or class hatred , but it does have a lot to do with the the golden rule he who has the gold rules --and in this country the rules are set up to only benefit those that rule

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Sep 11, 2013 10:46:37   #
weneedrubio
 
The crash was caused by a long time accumulation of bad debt started when Jimmy Carter instituted the Community Reinvestment act and then Bill "I didn't have sex with that woman or rape any of the seven others" Clinton put it on steroids in '95 then in 2006 when Bawny Fwank and Dick "really a dick" Turbin instituted "mark to market accounting rules immediately crashing the markets. If I thought those two had the brains I would accuse them of doing it on purpose.
AnnMarie wrote:
What caused the crash? Poor regulation of the banking industry and the lack of consumer demand as people were too poor to buy what rich people made. What got us out of the crash-government spending-at first CCC, WPA in Roosevelts first term, which was helping, but was turned off when his party lost the midterms. Government spending for WW2 got us out of the depression-spending on military, and then on consumer goods after the war. Banking regulation, social security, unemployment, rural electification, GI bill, all the programs that helped the middle class and narrowed the gap between the richest and poorest Americans.

Somehow, I get the impression that republicans have a problem learning from history. The only answer, to any question is "Cut taxes for the wealthy and it will trickle down" which has NOT WORKED, but they belive in it like the body and blood of Jesus Christ and want to apply it over and over and somehow get different results, which is the definition of insanity.
What caused the crash? Poor regulation of the bank... (show quote)

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Sep 11, 2013 10:49:40   #
bmac32 Loc: West Florida
 
The stock market crash set it off because of many poor regulations in place at the time, both parties had a hand in that. Maybe you should go read about the why's, you'll be surprised. WWII pulled us out not the Great Deal, in fact if it hadn't been for WWII that Great Deal would have put us in the hole further.


AnnMarie wrote:
What caused the crash? Poor regulation of the banking industry and the lack of consumer demand as people were too poor to buy what rich people made. What got us out of the crash-government spending-at first CCC, WPA in Roosevelts first term, which was helping, but was turned off when his party lost the midterms. Government spending for WW2 got us out of the depression-spending on military, and then on consumer goods after the war. Banking regulation, social security, unemployment, rural electification, GI bill, all the programs that helped the middle class and narrowed the gap between the richest and poorest Americans.

Somehow, I get the impression that republicans have a problem learning from history. The only answer, to any question is "Cut taxes for the wealthy and it will trickle down" which has NOT WORKED, but they belive in it like the body and blood of Jesus Christ and want to apply it over and over and somehow get different results, which is the definition of insanity.
What caused the crash? Poor regulation of the bank... (show quote)

Reply
Sep 11, 2013 10:53:39   #
bmac32 Loc: West Florida
 
The really sad part is these elected officials are suppose to the best of the best.

weneedrubio wrote:
The crash was caused by a long time accumulation of bad debt started when Jimmy Carter instituted the Community Reinvestment act and then Bill "I didn't have sex with that woman or rape any of the seven others" Clinton put it on steroids in '95 then in 2006 when Bawny Fwank and Dick "really a dick" Turbin instituted "mark to market accounting rules immediately crashing the markets. If I thought those two had the brains I would accuse them of doing it on purpose.

Reply
Sep 11, 2013 10:54:36   #
AnnMarie Loc: Madison, Wi
 
weneedrubio wrote:
Worse, only liberal stories and Federal gov't authorized stories would be reported.


OMG, where to start...If Fox were not there, some stories would not be reported.

OK, Faux natters on B******i like it is another 9/11, the only story that matters, but under Bush there were 13 embassy attacks in which 100 people were k**led under President Bush, and they said absolutely NOTHING about it. A news source reports B******i as well as the 13 previous attacks-no favoritism, they should be in FACT business. When a so called "news" source only reports B******i, they have proved themselves to be a propaganda source posing as a news source. Proof below

http://www.policymic.com/articles/40811/13-b******is-happened-under-president-bush-and-fox-news-said-nothing

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Sep 11, 2013 10:56:47   #
AnnMarie Loc: Madison, Wi
 
bmac32 wrote:
The really sad part is these elected officials are suppose to the best of the best.


The crash of 1929? Caused by Carter and Clinton?

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