Follow along with the video below to see how to install our site as a web app on your home screen.
Note: This feature currently requires accessing the site using the built-in Safari browser.
I am not talking about me, I am talking about everyone, individual success or failure is not the issue here, it's the structural defects in our economy that are making all this trickle down shit a tired old lie by now. Personally I am doing OK because I managed to acquire a marketable skill set but the same opportunities I had are just not there anymore.When wealth has become concentrated and not allowed to circulate it is the same as a loss to the economy. One guy or one company is better for it (I guess) but the money supply becomes smaller. The economy is measured not by how much money there is but how much is moving around.
Wow, in this country and all it's wealth, you can't make anything of yourself? Damn there's a lot of money out there to be made by anyone willing to put forth any effort at all. You are a Loser with a capital L.
I know what they are for but I also know how they were recklessly used to build wealth with no underlying economic activity. They have to be based on something real and solid or they are nothing but a scam.I did, you just didn't pay attention. All those worthless derivatives and CDOs that nearly made paupers of us all were investments in paper that was worthless except that ratings agencies and AIG made them worth something, until the house of cards fell apart and billions of dollars evaporated into nothingness. Entire sectors of the real economy do not become worthless overnight, just flim-flam investments that are nothing but bubble builders.Ask AIG, they foolishly insured enough worthless shit with no real value to crash the economy. It's the stuff bubbles are made of.Nope, there are a whole class of investments that are no more than casino bets on worthless paper and have no positive effect on the economy.
Such as...
AIG didn't make the claim, you did. So I'm asking you Stop deflecting. You made a claim, man up to backing it up.
You don't know what a derivative is or how it's used, do you?
CDOs were driven under by government policy starting with Clinton and continued by Bush.
Maybe you can explain employee layoffs to the nice people on this board?Employees have a dog in the fight. During an economic downturn, it is the employees who first feel the pinch with lower wages and layoffs
Says a career button pusher. You have obviously never dealt with making payroll. You have no idea what you are talking about.
IT is your delusion so knock yourself out.You can delude yourself any way you want. The Rich are a 'group' but workers are not? lol, imbecility.
IT is your delusion so knock yourself out.You can delude yourself any way you want. The Rich are a 'group' but workers are not? lol, imbecility.
The 'workers' are at the same mercy as the business owners....that is the mercy of the greedy, power hungry political class, looking to get more votes at any expense.
Because government power is absolute, and absolute power is the most corrupt power there is.
Not even an issue with them as long as they can fool themselves into thinking social mobility still exists.How big does the wealth gap have to get before conservatives will be happy?
I know what they are for but I also know how they were recklessly used to build wealth with no underlying economic activity. They have to be based on something real and solid or they are nothing but a scam.I did, you just didn't pay attention. All those worthless derivatives and CDOs that nearly made paupers of us all were investments in paper that was worthless except that ratings agencies and AIG made them worth something, until the house of cards fell apart and billions of dollars evaporated into nothingness. Entire sectors of the real economy do not become worthless overnight, just flim-flam investments that are nothing but bubble builders.Ask AIG, they foolishly insured enough worthless shit with no real value to crash the economy. It's the stuff bubbles are made of.Such as...
AIG didn't make the claim, you did. So I'm asking you Stop deflecting. You made a claim, man up to backing it up.
You don't know what a derivative is or how it's used, do you?
CDOs were driven under by government policy starting with Clinton and continued by Bush.
I don't really think they are conservatives, just greedy bastards...How big does the wealth gap have to get before conservatives will be happy?
Corporate big dawgs have made it to where you can't even leave your jobs without repercussions in the workforce...Not even an issue with them as long as they can fool themselves into thinking social mobility still exists.How big does the wealth gap have to get before conservatives will be happy?
Depending on our definition of "socialism" I would argue the socialist wants to build a wall of separation between private wealth and the state while the capitalist, crony or otherwise, doesn't exist without controlling the state.How many of those greedy capitalists collaborated with the Japanese occupation of China? What would you have done in Mao's case, offered to buy some equity?
How many poor people committed crimes in the 1930s? Let's punish them all for that now.
BTW, crony capitalism is a form of socialism, it has nothing to do with capitalism.
I am not talking about me, I am talking about everyone, individual success or failure is not the issue here, it's the structural defects in our economy that are making all this trickle down shit a tired old lie by now. Personally I am doing OK because I managed to acquire a marketable skill set but the same opportunities I had are just not there anymore.When wealth has become concentrated and not allowed to circulate it is the same as a loss to the economy. One guy or one company is better for it (I guess) but the money supply becomes smaller. The economy is measured not by how much money there is but how much is moving around.
Wow, in this country and all it's wealth, you can't make anything of yourself? Damn there's a lot of money out there to be made by anyone willing to put forth any effort at all. You are a Loser with a capital L.
Exactly, the fox is on the hen house...Depending on our definition of "socialism" I would argue the socialist wants to build a wall of separation between private wealth and the state while the capitalist, crony or otherwise, doesn't exist without controlling the state.How many of those greedy capitalists collaborated with the Japanese occupation of China? What would you have done in Mao's case, offered to buy some equity?
How many poor people committed crimes in the 1930s? Let's punish them all for that now.
BTW, crony capitalism is a form of socialism, it has nothing to do with capitalism.
Corporate big dawgs have made it to where you can't even leave your jobs without repercussions in the workforce...Not even an issue with them as long as they can fool themselves into thinking social mobility still exists.How big does the wealth gap have to get before conservatives will be happy?
That is not what anyone but you is saying. Which speaks volumes to your partisan blinders.What the OP is saying really is that the American labor movement which according to conservatives has always been a war on the Rich,
has been one of the dumbest ideas in the history of man.
If that's true, than it should be easy to show how much better off American labor would be today if it had never fought any of those fights in the past.
Depending on our definition of "socialism" I would argue the socialist wants to build a wall of separation between private wealth and the state while the capitalist, crony or otherwise, doesn't exist without controlling the state.How many of those greedy capitalists collaborated with the Japanese occupation of China? What would you have done in Mao's case, offered to buy some equity?
How many poor people committed crimes in the 1930s? Let's punish them all for that now.
BTW, crony capitalism is a form of socialism, it has nothing to do with capitalism.
The wealth of any nation is finite. The more of it the rich concentrate in their own hands, the less there is left for everyone else.
How many illegals do you have to compete with to get a job or to run a construction business.. ?? Many and it's sad to see business leaders and so called great men hiring the illegals.. You sit here and suck the rich's sacs, when they are the ones destroying the working mans base...with cheap infused labor.. And don't tell me it's Oblama's fault, this has been going on through GOP and Dem presidencies for over 40 years. The govt. allows them to stay, wealthy business owners hire them.....debasing the economics of the working American and you think we need to bow down and kiss the rich ones ass!?...You are such a giant tool...I am not talking about me, I am talking about everyone, individual success or failure is not the issue here, it's the structural defects in our economy that are making all this trickle down shit a tired old lie by now. Personally I am doing OK because I managed to acquire a marketable skill set but the same opportunities I had are just not there anymore.When wealth has become concentrated and not allowed to circulate it is the same as a loss to the economy. One guy or one company is better for it (I guess) but the money supply becomes smaller. The economy is measured not by how much money there is but how much is moving around.
Wow, in this country and all it's wealth, you can't make anything of yourself? Damn there's a lot of money out there to be made by anyone willing to put forth any effort at all. You are a Loser with a capital L.
You are talking about you because if you are not a failure in your job you would know how easy it is to succeed in this country.
