Do you 99% envy what the 1% have or do you resent what the 1% has?

[editec]

Or blame themselves because at 16 they thought it would be cool to have a car and work in a gas station instead of finishing high school.

Yeah, you guys are right I guess.

Pre-existing wealth has no bearing on whether you end up rich or not at all.

Screw the numbers that say otherwise. Who cares about pesky things like facts and figures?

After all, George W Bush definitely would have made it through Harvard if his father was a janitor, or a bus driver.Definitely.

If they worked at the school. Definitely.

I admire your faith in the system however deluded it makes you look.

 

[healthmyths]

There is a big big distinction here.
If you envy what the 1% have, that's fine .. not a problem.
BUT if you resent what the 1% has and want what they have taken from them that's a problem.

As long as they got it legally. I'm surprised there aren't more fraud cases being brought after the Wall St. meltdown. After all, there's really a 4th choice you didn't offer, i.e. some of the 1% are criminals and should be prosecuted and all their ill-gotten gains taken.

As an expert in Wall Street and ALL the actions that occurred, exactly what fraud was committed and also explain what "Wall St. meltdown"?

NOT being the "expert" you are I am unaware of any fraud.

I saw the 60 minute piece about two high-ranking financial whistleblowers say they tried to warn their superiors about defective and even fraudulent mortgages

Read more: http://www.cbsnews.com/video/watch/?id=7390540n#ixzz1jX2lO1LF

But even after that, I don't understand the "fraud" part.
A) Banks forced by Acorn among other protesters in 1995 started granting loans to unqualified people. Knowing that if they
didn't the banks would be picketed and the biased MSM write totally inaccurate stories..
B) Banks made the loans BUT under pressure from FDIC that considered rightfully so the toxicity "securitized" and resold WITH
Fannie Freddie FEDERAL Guarantee..
Oct. 23,2008 (Bloomberg) --
Fannie Mae and Freddie Mac have an ``effective'' federal guarantee, not the "full faith and credit'' of the U.S. government,
Federal Housing Finance Agency Director James Lockhart said after the hearing.
That does give them effectively a guarantee of the U.S. government.''
Lockhart's Fannie, Freddie Guarantee Remarks Stir Up Confusion - Bloomberg

C) So investors bought these toxic securities mortgages BACKED by Fannie/Freddie that in turn were GUARANTEED by the Federal Govt.

WHERE is the fraud when investors knowingly bought "bad" mortgages knowing the Federal Govt. would guarantee them?

POINT FINGERS??? How about these people who LIED UNDER THEIR OATH!!!


The New York Times completely ignores the fact that while the Administration was pushing for more transparent lending rules and reining in Fannie Mae and Freddie Mac, Congress had for years blocked attempts at stronger regulation and blocked reform of the Federal Housing Administration.

* House Financial Services Committee Chairman Barney Frank (D-MA) criticized
the President's warning saying:
"these two entities - Fannie Mae and Freddie Mac - are not facing any kind of
financial crisis .The more people exaggerate these problems, the more
pressure there is on these companies, the less we will see in terms of
affordable housing."..
(Stephen Labaton, "New Agency Proposed To Oversee Freddie Mac And Fannie
Mae," New York Times, 9/11/03)

* Senate Committee on Banking, Housing and Urban Affairs Chairman
Christopher Dodd also ignored the President's warnings and called on
him to "immediately reconsider his ill-advised" position. (Eric Dash,
"Fannie Mae's Offer To Help Ease Credit Squeeze Is Rejected,
As Critics Complain Of Opportunism," New York Times, 8/11/07)


"Fraud"???

 

[Old Rocks]

There is a big big distinction here.
If you envy what the 1% have, that's fine .. not a problem.
BUT if you resent what the 1% has and want what they have taken from them that's a problem.

Now Myth, we just want back what they have stolen from the working men and women of this nation.

 

[California Girl]

There is a big big distinction here.
If you envy what the 1% have, that's fine .. not a problem.
BUT if you resent what the 1% has and want what they have taken from them that's a problem.

Now Myth, we just want back what they have stolen from the working men and women of this nation.

So, everyone who is wealthy 'stole' from 'working men and women'? Really?

That's very funny.

 

[chanel]

CG - that's the new mantra. The reason some people are hurting is because the 1 percent boogeyman swooped down in his private jet and stole their shit. I've heard similar fairy tales from "educated" 99 percenters with fancy degrees. Scary, aint it?

 

[rightwinger]

It is not about envy, it is about results

What have been the results of our current government policies? If you look at the supply side decisions that have been made in the last 30 years, the results have been a shrinking of the middle class and a redistribution of wealth to the top 1%

We do not need to confiscate that money, but we do need to relook our government policies to deemphasize trickle down and emphasize programs that help the middle class

 

[California Girl]

CG - that's the new mantra. The reason some people are hurting is because the 1 percent boogeyman swooped down in his private jet and stole their shit. I've heard similar fairy tales from "educated" 99 percenters with fancy degrees. Scary, aint it?

I just hope the majority of this mythical 99% are hoplophobic.

 

[California Girl]

It is not about envy, it is about results

What have been the results of our current government policies? If you look at the supply side decisions that have been made in the last 30 years, the results have been a shrinking of the middle class and a redistribution of wealth to the top 1%

We do not need to confiscate that money, but we do need to relook our government policies to deemphasize trickle down and emphasize programs that help the middle class

Then take personal responsibility. You voted for those who made those government policies. And please, don't make this a D or R issue - you know, and I know, that they are equally as responsible.

 

[chanel]

I saw some mayor a while back field questions about the efficacy of a "soda tax" in combating obesity. He said "We're done with that argument. Truth be told, we just need the money" I would just like to see some leftie be as honest. Demonizing the people you need is not the best approach. They tend to get defensive and angry.

 

[California Girl]

I saw some mayor a while back field questions about the efficacy of a "soda tax" in combating obesity. He said "We're done with that argument. Truth be told, we just need the money" I would just like to see some leftie be as honest. Demonizing the people you need is not the best approach. They tend to get defensive and angry.

Absolutely. What about the people those 'soda companies' employ? Tax their products, people stop buying it, and those workers are out of a job. And you can bet your ass that will be the fault of the GOP - or the company... anything but reality.

 

[Wiseacre]

I've never been close to being a 1%er, or even know one, I've never cared about what they've got or don't got. I'm more interested in what I got, and what can I do to get more. All this focus lately on the top 1% is a waste of time, why aren't we more focused on doing what's necessary to give the bottom income percentiles more of a shot at success. What we've been doing for the last 50 years or so ain't workin'. I don't think raising taxes is going to solve the problem, we need to come up with solutions that work, and redistribution of wealth isn't one of them.

 

[JimBowie1958]

There is a big big distinction here.
If you envy what the 1% have, that's fine .. not a problem.
BUT if you resent what the 1% has and want what they have taken from them that's a problem.

False dichomotmy.

I neither resent what they have nor want it for myself.

I want them to stop committing fraud, corrupting government officials, using lawyers to pillage the rest of the country and to stop auctioning off American industry and jobs to the highest foreign bidders.

In short, it isnt resentment but a desire for justice when the 1% gains what it does by criminality or collusion.

Most of the 1% did not earn their wealth or deserve it, but merely inherited it or gained it via sycophancy, fraud, exploitation or crime.

 

[Intense]

Welfare Check
A guy walked into the local welfare office to pick up his check. He marched
straight up to the counter and said, "Hi. You know...., I just HATE drawing
welfare. I'd really rather have a job."The social worker behind the counter said,
"Your timing is excellent. We just got a job opening from a very wealthy old man
who wants a Chauffeur and bodyguard for his beautiful daughter. You'll drive his
2011 Mercedes-Benz CL and he will supply all of your clothes.
"Because of the long hours, meals will be provided. You'll also be expected
to escort the daughter on her overseas holiday trips. This is rather awkward
to say, but you will also as part of your job description have to satisfy
her sexual urges. The daughter is in her mid-20's and has a rather strong
sex drive."
The guy in wide-eyed amazement said, "You're bullshittin' me!"
The social worker said: "Yeah, well ... You started it".

E-Mail Joke.

 

[The T]

There is a big big distinction here.
If you envy what the 1% have, that's fine .. not a problem.
BUT if you resent what the 1% has and want what they have taken from them that's a problem.

Now Myth, we just want back what they have stolen from the working men and women of this nation.

What was stolen, and was it done at the point of a gun or other weapon?

 

[bripat9643]

Apparently, everything you know is wrong. If the so-called 1% committed a crime, then why aren't they in jail?

False dichomotmy.

I neither resent what they have nor want it for myself.

I want them to stop committing fraud, corrupting government officials, using lawyers to pillage the rest of the country and to stop auctioning off American industry and jobs to the highest foreign bidders.

In short, it isnt resentment but a desire for justice when the 1% gains what it does by criminality or collusion.

Most of the 1% did not earn their wealth or deserve it, but merely inherited it or gained it via sycophancy, fraud, exploitation or crime.

 

[The T]

There is a big big distinction here.
If you envy what the 1% have, that's fine .. not a problem.
BUT if you resent what the 1% has and want what they have taken from them that's a problem.

False dichomotmy.

I neither resent what they have nor want it for myself.

I want them to stop committing fraud, corrupting government officials, using lawyers to pillage the rest of the country and to stop auctioning off American industry and jobs to the highest foreign bidders.

In short, it isnt resentment but a desire for justice when the 1% gains what it does by criminality or collusion.

Most of the 1% did not earn their wealth or deserve it, but merely inherited it or gained it via sycophancy, fraud, exploitation or crime.

Tell you what? Make taking the money illegal for electeds, and indict the ones that do. I mean they already act on pending legislation on insider knowledge of Wall Street...and particiapte in activities that YOU and and I would go to jail over. Make it ALL illegal...and force the politicians to act like citizens that they impose the law upon... Deal?

 

[Intense]

There is a big big distinction here.
If you envy what the 1% have, that's fine .. not a problem.
BUT if you resent what the 1% has and want what they have taken from them that's a problem.

False dichomotmy.

I neither resent what they have nor want it for myself.

I want them to stop committing fraud, corrupting government officials, using lawyers to pillage the rest of the country and to stop auctioning off American industry and jobs to the highest foreign bidders.

In short, it isnt resentment but a desire for justice when the 1% gains what it does by criminality or collusion.

Most of the 1% did not earn their wealth or deserve it, but merely inherited it or gained it via sycophancy, fraud, exploitation or crime.

Tell you what? Make taking the money illegal for electeds, and indict the ones that do. I mean they already act on pending legislation on insider knowledge of Wall Street...and particiapte in activities that YOU and and I would go to jail over. Make it ALL illegal...and force the politicians to act like citizens that they impose the law upon... Deal?

Right, that would take care of Prison Reform in a day. I bet they would even get more cable channels than us. Club Med would not be able to compete.

 

[jaffeh]

There is a big big distinction here.
If you envy what the 1% have, that's fine .. not a problem.
BUT if you resent what the 1% has and want what they have taken from them that's a problem.

I don't care what they have. Space and tile and granite and hardwood and cars that will be crap in ten years...who cares.

They live in a futile world of stab and grab and kiss my ass...at least.

The only thing I resent in my humble abode is that I'm working my tail off NOT for goods but to have a possibility of not being old and unable to work and in a gutter. No, I won't be in a gutter. I bought a house I could afford and paid it off. But the brief middle class American dream of retire and get by is about gone, and I blame the greedy bastards for that.

 

[Steelplate]

There is a big big distinction here.
If you envy what the 1% have, that's fine .. not a problem.
BUT if you resent what the 1% has and want what they have taken from them that's a problem.

Now Myth, we just want back what they have stolen from the working men and women of this nation.

What was stolen, and was it done at the point of a gun or other weapon?

Oh, I see... taxation is the equivalent of theft at gunpoint, but Big Business and Banking sucking the life out of America and it's workforce then getting FOXNews and the AM radio thugs to tell you differently isn't "theft by deception"?

yeah...

 

[Sunshine]

There is a big big distinction here.
If you envy what the 1% have, that's fine .. not a problem.
BUT if you resent what the 1% has and want what they have taken from them that's a problem.

I don't care what they have. Space and tile and granite and hardwood and cars that will be crap in ten years...who cares.

They live in a futile world of stab and grab and kiss my ass...at least.

The only thing I resent in my humble abode is that I'm working my tail off NOT for goods but to have a possibility of not being old and unable to work and in a gutter. No, I won't be in a gutter. I bought a house I could afford and paid it off. But the brief middle class American dream of retire and get by is about gone, and I blame the greedy bastards for that.

Have you ever noticed that we all have about the same things? The elite just spend more money on the same things lesser beings get at lower prices. I'm taking close out shopping, generic items, etc. Example: Every little body drinks bottled water. Some buy it at Wal Mart for less than $2 for a 6 pack, others spend butt loads of money on it.

Living within in your means is important. But sometimes it is equally as important to choose what 'within your means' actually means. Can I afford that expensive make up in the expensive mall retail stores? Sure I can. Do I? Oh hell no. I buy Revlon at Wally world, just like I have done all my life, even when I was a young bride and our combined salary was about $12k/year. I don't get allergic reactions to Revlon, and I am still spending within my means just like I was when I only made 5 figures. I am just more within my means.

A lot of people as they move up the food chain buy exactly the same things they always did. They just start buying the same things with a bigger price tag.