The Lazy Poor

[francoHFW]

Any actual argument with any of the killer pearls of wisdom I throw before you, dingbat? LOL Ever notice your hair's on fire? see sig.

 

[PoliticalChic]

Any actual argument with any of the killer pearls of wisdom I throw before you, dingbat? LOL Ever notice your hair's on fire? see sig.

Since you demand a test of your educability....

here goes.

The Democrats are responsible for the financial crisis.

Ready?

1. Democrat FDR shredded the Constitution....ignoring article I, section 8, the enumerated powers.
He created GSE's Fannie and Freddie to do something the Constitution didn't authorize: meddle in housing.

2. Democrat Carter....the CRA, constraining banking policy

3. Democrat Clinton....strengthened the CRA
Under Clinton, HUD threatened banks, again, to give unrequited loans.
Henchmen: Democrats Cisneros and Cuomo.

4. Democrats Frank and Dodd barred any governmental discipline in this area.


That's the CliffNotes version.
I don't believe you can handle the details.



Now...be honest.....I proved you know nothing...didn't I.

 

[francoHFW]

LOL- funny nothing bad happened until the greedy idiot new GOP got in charge of oversight...

Your BS is documented and verifiable only on the BS Pub Propaganda Machine, dimwit dupe...Try this on for size- couldn't have anything to do with the Voodoo/Reaganist tax structure, could it? LOL

Over the past 60 years the American dream has gradually disappeared. The process was slow, so most people didn’t notice. They just worked a few more hours, borrowed a little more and cut back on non-essentials. But looking at the numbers and comparing them over long time periods, it is obvious that things have changed drastically. Here are the details:
1. WORKERS PRODUCE MORE BUT THE GAINS GO TO BUSINESS.
Over the past 63 years worker productivity has grown by 2.0% per year.
But after 1980, workers received a smaller share every year. Labor’s share of income (1992 = 100%):
1950 = 101%
1960 = 105%
1970 = 105%
1980 = 105% – Reagan
1990 = 100%
2000 = 96%
2007 = 92%
A 13% drop since 1980
2. THE TOP 10% GET A LARGER SHARE.
Share of National Income going to Top 10%:
1950 = 35%
1960 = 34%
1970 = 34%
1980 = 34% – Reagan
1990 = 40%
2000 = 47%
2007 = 50%
An increase of 16% since Reagan.
3. WORKERS COMPENSATED FOR THE LOSS OF INCOME BY SPENDING THEIR SAVINGS.
The savings Rose up to Reagan and fell during and after.
1950 = 6.0%
1960 = 7.0%
1970 = 8.5%
1980 = 10.0% – Reagan
1982 = 11.2% – Peak
1990 = 7.0%
2000 = 2.0%
2006 = -1.1% (Negative = withdrawing from savings)
A 12.3% drop after Reagan.
4. WORKERS ALSO BORROWED TO MAKE UP FOR THE LOSS.
Household Debt as percentage of GDP:
1965 = 46%
1970 = 45%
1980 = 50% – Reagan
1990 = 61%
2000 = 69%
2007 = 95%
A 45% increase after 1980.
5. SO THE GAP BETWEEN THE RICHEST AND THE POOREST HAS GROWN.
Gap Between the Share of Capital Income earned by the top 1%
and the bottom 80%:
1980 = 10%
2003 = 56%
A 5.6 times increase.
6. AND THE AMERICAN DREAM IS GONE.
The Probably of Moving Up from the Bottom 40% to the Top 40%:
1945 = 12%
1958 = 6%
1990 = 3%
2000 = 2%
A 10% Decrease.
Links:
1 = ftp://ftp.bls.gov/pub/special.requests/pf/totalf1.txt
1 = https://www.clevelandfed.org/Research/PolicyDis/No7Nov04.pdf
1 = Clipboard01.jpg (image)
2 – Congratulations to Emmanuel Saez | The White House
3 = http://www.demos.org/inequality/images/charts/uspersonalsaving_thumb.gif
3 = http://www.bea.gov/national/nipaweb...able=58&Freq=Qtr&FirstYear=2008&LastYear=2010
4 = http://www.prudentbear.com/index.php/household-sector-debt-of-gdp
4 = FRB: Z.1 Release--Flow of Funds Accounts of the United States--March 7, 2013
5/6 = Wealth And Inequality In America - Business Insider
Overview = Reagan Revolution Home To Roost ? In Charts Previous post →

 

[francoHFW]

LOL- funny nothing bad happened until the greedy idiot new GOP got in charge of oversight...

Your BS is documented and verifiable only on the BS Pub Propaganda Machine, dimwit dupe...Try this on for size- couldn't have anything to do with the Voodoo/Reaganist tax structure, could it? LOL

Over the past 60 years the American dream has gradually disappeared. The process was slow, so most people didn’t notice. They just worked a few more hours, borrowed a little more and cut back on non-essentials. But looking at the numbers and comparing them over long time periods, it is obvious that things have changed drastically. Here are the details:
1. WORKERS PRODUCE MORE BUT THE GAINS GO TO BUSINESS.
Over the past 63 years worker productivity has grown by 2.0% per year.
But after 1980, workers received a smaller share every year. Labor’s share of income (1992 = 100%):
1950 = 101%
1960 = 105%
1970 = 105%
1980 = 105% – Reagan
1990 = 100%
2000 = 96%
2007 = 92%
A 13% drop since 1980
2. THE TOP 10% GET A LARGER SHARE.
Share of National Income going to Top 10%:
1950 = 35%
1960 = 34%
1970 = 34%
1980 = 34% – Reagan
1990 = 40%
2000 = 47%
2007 = 50%
An increase of 16% since Reagan.
3. WORKERS COMPENSATED FOR THE LOSS OF INCOME BY SPENDING THEIR SAVINGS.
The savings Rose up to Reagan and fell during and after.
1950 = 6.0%
1960 = 7.0%
1970 = 8.5%
1980 = 10.0% – Reagan
1982 = 11.2% – Peak
1990 = 7.0%
2000 = 2.0%
2006 = -1.1% (Negative = withdrawing from savings)
A 12.3% drop after Reagan.
4. WORKERS ALSO BORROWED TO MAKE UP FOR THE LOSS.
Household Debt as percentage of GDP:
1965 = 46%
1970 = 45%
1980 = 50% – Reagan
1990 = 61%
2000 = 69%
2007 = 95%
A 45% increase after 1980.
5. SO THE GAP BETWEEN THE RICHEST AND THE POOREST HAS GROWN.
Gap Between the Share of Capital Income earned by the top 1%
and the bottom 80%:
1980 = 10%
2003 = 56%
A 5.6 times increase.
6. AND THE AMERICAN DREAM IS GONE.
The Probably of Moving Up from the Bottom 40% to the Top 40%:
1945 = 12%
1958 = 6%
1990 = 3%
2000 = 2%
A 10% Decrease.
Links:
1 = ftp://ftp.bls.gov/pub/special.requests/pf/totalf1.txt
1 = https://www.clevelandfed.org/Research/PolicyDis/No7Nov04.pdf
1 = Clipboard01.jpg (image)
2 – Congratulations to Emmanuel Saez | The White House
3 = http://www.demos.org/inequality/images/charts/uspersonalsaving_thumb.gif
3 = http://www.bea.gov/national/nipaweb...able=58&Freq=Qtr&FirstYear=2008&LastYear=2010
4 = http://www.prudentbear.com/index.php/household-sector-debt-of-gdp
4 = FRB: Z.1 Release--Flow of Funds Accounts of the United States--March 7, 2013
5/6 = Wealth And Inequality In America - Business Insider
Overview = Reagan Revolution Home To Roost ? In Charts Previous post →

 

[squeeze berry]

OP- BS! thanks for the Great Pub World Recession, and screwing the nonrich and the country for 30 years with voodoo, financial corruption, and the stupidest wars/defense spending EVER.

Blanko.....


.....Interesting that both you and Netanyahu have the same nick-name…”BB”
…him due to his first name, you, due to brain size.

So dumb, coming from the biggest brainwashed RW parrot on the board. Me, Masters in History, retired teacher, 140 IQ, You, brainwashed fool for the greedy idiot rich. Never a single real fact. Read something.

The USA is the only modern country in the world where full time workers live in poverty and have no health care (750k bankruptcies a year, most HAVE insurance - crap insurance!) After 30 years of Voodoo: worst min. wage, work conditions, illegal work safeguards, vacations, work week, college costs, rich/poor gap, upward social mobility, % homeless and in prison EVAH, and in the modern world!! And you complain about the victims? Are you an idiot or an A-hole?

yet you never post in the education sub-forum....??/


I smell a lying RAT

 

[francoHFW]

I didn't even know there was one, and the book I'm writing is about politics, in particular hater dupes like yourself, and the Pub Propaganda Machine, a bs disgrace.

 

[ScienceRocks]

We'd look like Haiti or the Congo today if it wasn't for the successful and educated within our society.

Think about it.

 

[PoliticalChic]

LOL- funny nothing bad happened until the greedy idiot new GOP got in charge of oversight...

Your BS is documented and verifiable only on the BS Pub Propaganda Machine, dimwit dupe...Try this on for size- couldn't have anything to do with the Voodoo/Reaganist tax structure, could it? LOL

Over the past 60 years the American dream has gradually disappeared. The process was slow, so most people didn’t notice. They just worked a few more hours, borrowed a little more and cut back on non-essentials. But looking at the numbers and comparing them over long time periods, it is obvious that things have changed drastically. Here are the details:
1. WORKERS PRODUCE MORE BUT THE GAINS GO TO BUSINESS.
Over the past 63 years worker productivity has grown by 2.0% per year.
But after 1980, workers received a smaller share every year. Labor’s share of income (1992 = 100%):
1950 = 101%
1960 = 105%
1970 = 105%
1980 = 105% – Reagan
1990 = 100%
2000 = 96%
2007 = 92%
A 13% drop since 1980
2. THE TOP 10% GET A LARGER SHARE.
Share of National Income going to Top 10%:
1950 = 35%
1960 = 34%
1970 = 34%
1980 = 34% – Reagan
1990 = 40%
2000 = 47%
2007 = 50%
An increase of 16% since Reagan.
3. WORKERS COMPENSATED FOR THE LOSS OF INCOME BY SPENDING THEIR SAVINGS.
The savings Rose up to Reagan and fell during and after.
1950 = 6.0%
1960 = 7.0%
1970 = 8.5%
1980 = 10.0% – Reagan
1982 = 11.2% – Peak
1990 = 7.0%
2000 = 2.0%
2006 = -1.1% (Negative = withdrawing from savings)
A 12.3% drop after Reagan.
4. WORKERS ALSO BORROWED TO MAKE UP FOR THE LOSS.
Household Debt as percentage of GDP:
1965 = 46%
1970 = 45%
1980 = 50% – Reagan
1990 = 61%
2000 = 69%
2007 = 95%
A 45% increase after 1980.
5. SO THE GAP BETWEEN THE RICHEST AND THE POOREST HAS GROWN.
Gap Between the Share of Capital Income earned by the top 1%
and the bottom 80%:
1980 = 10%
2003 = 56%
A 5.6 times increase.
6. AND THE AMERICAN DREAM IS GONE.
The Probably of Moving Up from the Bottom 40% to the Top 40%:
1945 = 12%
1958 = 6%
1990 = 3%
2000 = 2%
A 10% Decrease.
Links:
1 = ftp://ftp.bls.gov/pub/special.requests/pf/totalf1.txt
1 = https://www.clevelandfed.org/Research/PolicyDis/No7Nov04.pdf
1 = Clipboard01.jpg (image)
2 – Congratulations to Emmanuel Saez | The White House
3 = http://www.demos.org/inequality/images/charts/uspersonalsaving_thumb.gif
3 = http://www.bea.gov/national/nipaweb...able=58&Freq=Qtr&FirstYear=2008&LastYear=2010
4 = http://www.prudentbear.com/index.php/household-sector-debt-of-gdp
4 = FRB: Z.1 Release--Flow of Funds Accounts of the United States--March 7, 2013
5/6 = Wealth And Inequality In America - Business Insider
Overview = Reagan Revolution Home To Roost ? In Charts Previous post →

So....which parts of my post were in error?

None??

Not a single one?


Wow....so, I must be correct, and you, an idiot.



And...you're planning a book?
Bet there'll be lots of coloring, huh?

 

[kwc57]

When we were just starting out, there was a lot of times all we had was pinto beans with a little ground beef in them--both were very cheap back then. Maybe a side of fried potatoes and home grown fruit or something out of the garden. We have made do with nothing but oatmeal to eat for a day. That was also very cheap. But we didn't go hungry. And though by today's standards we were dirt poor, we didn't feel like it. Nobody told us, but we just instinctively knew that we were paying our dues in our entry level jobs and things would get better.

And the day came when we were able to afford a small used black and white TV and things like pork chops and chicken became common on our dinner table. We felt very rich indeed then.

Now kids expect to start out with as much as we had after working for 25 years. And the definition of poverty is very different now than it was when we started out.

I'm almost 56 and one of my favorite meals still is pinto beans and fried potatoes. I grew up on them. Throw in some cornbread and that's some mighty fine eating right there!

No wonder your brains barely function...

From a guy who thinks snails and moldy cheese are good eats. Fuck you elitist wannabe.

 

[kwc57]

I didn't even know there was one, and the book I'm writing is about politics, in particular hater dupes like yourself, and the Pub Propaganda Machine, a bs disgrace.

I hope your self-published ebook sales will buy you a big bag of pinto beans. Given your lack of intelligence and poor critical thinking skills, no publisher would touch your drivel.

 

[Mac1958]

I didn't even know there was one, and the book I'm writing is about politics, in particular hater dupes like yourself, and the Pub Propaganda Machine, a bs disgrace.

I hope your self-published ebook sales will buy you a big bag of pinto beans. Given your lack of intelligence and poor critical thinking skills, no publisher would touch your drivel.

Oh, I'd think that one-sided political books written by hardcore partisan ideologues (either side) have a pretty strong market right now. Intellectual honesty and intellectual curiousity are at all-time lows, most people just want to read, see and hear stuff that reinforces their own pre-conceived notions about "the truth".

Sadly.

.

 

[Wry Catcher]

PC's use of Inductive Reasoning allows for her conclusion to be false, even if all of the premises are true. Thus her (too) many posts of this nature can never be valid or invalid (though they may be weak or strong) they are always more a statement of who she is and not a description of reality in general.

In fact this use of inductive reasoning almost exclusively is a sure sign of the propagandist.

 

[koshergrl]

I didn't even know there was one, and the book I'm writing is about politics, in particular hater dupes like yourself, and the Pub Propaganda Machine, a bs disgrace.

I'm sure it will be a raging success!

 

[Katzndogz]

We'd look like Haiti or the Congo today if it wasn't for the successful and educated within our society.

Think about it.

You're talking about the ideal liberal society.

 

[Truthmatters]

lets compare our constitution to theirs and see

 

[kwc57]

lets compare our constitution to theirs and see

Were you responding to a particular post or just engaging in your usual interwebs tourettes again?