Thread: Woman tells Obama she's exhausted

Originally Posted by clemson357

You've really bought into the class warfare bullshit hook, line, and sinker.

When corporations pay dividends, who receives them? American investors, many of them being blue collar retirees. "Publicly traded" means anyone can buy into the profits. To listen to Democrats talk, you would think that all profit is evil, private corporations are evil, etc. How many Americans do you think are employed by private corporations? Without the private sector, there would be no wealth produced for your hero the obamessiah to leach off of and distribute to his entitlement-class supporters. Government doesn't produce wealth, it only confiscates it from the producers.

And here is some harsh reality for your whining about what corporations will pay. The value of your labor is quantifiable. If you want to make more, invest in yourself and learn a more valuable marketable skill. No one is going to pay you $20/hour to flip burgers, because it simply isn't worth that - it is a function of how many people are willing and capable to perform the job versus how many positions there are to fill. We live in a country where literally anyone can become a nurse or engineer or accountant, shit you could even become a doctor if you want to get serious. But the sad fact is most people would rather sit on their ass and then point their finger at the "evil" corporations.

exactly which "American's with families" can buy enough stocks to actually make a difference over decades in their retirement or network? middle class families can barely afford to pay monthly bills let alone and put a little money into saving let alone buy a bunch of stocks. you may want to check the raw data to see how much money the average american REALLY has after paying for housing, energy and medical costs. the raw data doesn't lie the economic crap you here on tv is all politics.

due to the current rate of inflation if a person had 3million in cash right now in roughly 25 years it will be worth 1million

U.S. Department of Commerce. Bureau of Economic Analysis

and small companies with less than 500 people are the highest employers of americans not the large global corporations raking in billions in profits annually that are mostly publicly traded on the NASDAQ

Originally Posted by clemson357

You've really bought into the class warfare bullshit hook, line, and sinker.

When corporations pay dividends, who receives them? American investors, many of them being blue collar retirees. "Publicly traded" means anyone can buy into the profits.

Who receives them? The benefits?

It's a small club, clemson.

Sure, "blue collar" pensions funds have investments in the financial markets - and look where it's gotten them?

And who really does, benefit? Who has the info? Who control?

Credit Default Swaps: how many blue collar - or white collar stiffs - benefitted from them?

Collateralized Debt Obligations (CDOs)? Who benefitted?

Who got screwed?

Originally Posted by clemson357

Short bus jokes, how original.

Funny, you don't substantively address a single point I've made. That really says it all. Care to actually discuss your allegations about the evil greedy private corporations and the oppressed middle class? Of course not. You are just another one of the sheeple tricked into class envy, regurgitating shallow and inaccurate leftist talking points. The really funny thing is that the people who've tricked you into this BS are actually smart enough to know that it is BS, while you apparently aren't.

lol...I grew up in the Philly suburbs and my neighbors had last names like Strawbridges, Gamble, Dupont, etc. I knew when they were coming how when their Jet Rangers would land in the front lawn.. I grew up around old, old East Coast money so please don't even go there about class warfare. I had neighbors who had separate swimming pools just for their horses.

I get my data from the federal agencies and read the books of the people in politics that did the things and created the policies that got us to where we are today. maybe you should do the same vs reciting the politics of your parents and Faux News. lol @ the GOP and their supply-side economic policies, name a higher learning institution anywhere in any country that teaches trickle down economics...and you talk about me buying into some bullshit!

the GOP economic solution to everything..cut social services, deregulate markets and privatize everything..

Originally Posted by LAM

lol...I grew up in the Philly suburbs and my neighbors had last names like Strawbridges, Gamble, Dupont, etc. I knew when they were coming how when their Jet Rangers would land in the front lawn.. I grew up around old, old East Coast money so please don't even go there about class warfare. I had neighbors who had separate swimming pools just for their horses.

I get my data from the federal agencies and read the books of the people in politics that did the things and created the policies that got us to where we are today. maybe you should do the same vs reciting the politics of your parents and Faux News. lol @ the GOP and their supply-side economic policies, name a higher learning institution anywhere in any country that teaches trickle down economics...and you talk about me buying into some bullshit!

the GOP economic solution to everything..cut social services, deregulate markets and privatize everything..

Harvard

JFK (arguably the most famous Dem in modern history) was the first to implement it...why does everyone forget this?

Reagan just spoke about it more, b/c he wasn't part of the wealth club and didn't really understand its purpose and logic. Might want to take the gov't metrics from the agencies/bureaus with a grain of salt. The leadership is usually incentivized to fudge numbers.

Originally Posted by lnvanry

Harvard

JFK (arguably the most famous Dem in modern history) was the first to implement it...why does everyone forget this?

Reagan just spoke about it more, b/c he wasn't part of the wealth club and didn't really understand its purpose and logic. Might want to take the gov't metrics from the agencies/bureaus with a grain of salt. The leadership is usually incentivized to fudge numbers.

Come on, you have to know trickle-down doesn't work, right. It is a nice theory and all, but the rich don't spend at the same rate as the middle class, they use a disproportionately large chunk of their money to make more money and save it. Sure, fine and dandy to them, but this would destroy the economy if the middle class did the same. If trickle-down actually worked we should be more prosperous than we have ever been after the Bush tax cuts, but look where we are.

Originally Posted by lnvanry

Harvard

JFK (arguably the most famous Dem in modern history) was the first to implement it...why does everyone forget this?

Reagan just spoke about it more, b/c he wasn't part of the wealth club and didn't really understand its purpose and logic. Might want to take the gov't metrics from the agencies/bureaus with a grain of salt. The leadership is usually incentivized to fudge numbers.

my best friends father whose name is Richard Kelso (he was in the news many years ago for abandoning a young boy w/ cerebral palsy at a hospital on Xmas eve in the Philly suburbs) was the first person to graduate from Harvard Business School with a perfect score he he knows nothing about them teaching trickle down economics. so I'm not sure where you get that from. There are folks from/at Harvard in support of supply-side economics that have written papers (most of which are not peer-reviewed) about it but it is not an actual economic course in any school anywhere in the world.

Trickle down economics was actually sold to Reagan by a bunch of journalists not economists because they told him what he wanted to hear. Its' all in the tell all book written by his budget chief David A. Stockman called the "Triumph of Politics". Reagan was an idiot.

Originally Posted by LAM

my best friends father whose name is Richard Kelso (he was in the news many years ago for abandoning a young boy w/ cerebral palsy at a hospital on Xmas eve in the Philly suburbs) was the first person to graduate from Harvard Business School with a perfect score he he knows nothing about them teaching trickle down economics. so I'm not sure where you get that from. There are folks from/at Harvard in support of supply-side economics that have written papers (most of which are not peer-reviewed) about it but it is not an actual economic course in any school anywhere in the world.

Trickle down economics was actually sold to Reagan by a bunch of journalists not economists because they told him what he wanted to hear. Its' all in the tell all book written by his budget chief David A. Stockman called the "Triumph of Politics". Reagan was an idiot.

You totally lost me on the personal story here...your buddy's dad was an HBS grad and horrible father, said he knows nothing about it, so therefore it doesn' exist?

BTW, econ isn't part HBS. Its a separate school....and supply side econ was a school of thought created in Harvard public policy program.

Its a documented fact JFK dropped the marginal tax rate for the country's upper income bracket which is the raison d'etre for supply side...with a sprinkle of Keynesian and voila = modern economic and with the same old school monetary policy.

When teachers publish papers...its indicative of their ideals, which are in turn seeded in their students (hence over half of our gov't since the 1940s....Harvard grads)

he shouldn't have been elected President.

Well....the woman who was exhausted is back.

Woman who told Obama her financial fears has lost her job

By Michelle Singletary
Washington Post Staff Writer
Monday, November 22, 2010

Nobody is safe.

Velma Hart, who burst onto the media scene after telling President Obama she was scared about her financial future, has been laid off. Hart was let go as the chief financial officer for Am Vets, a nonprofit Maryland-based veteran services organization.

Entire: Michelle Singletary - Woman who told Obama her financial fears has lost her job

Originally Posted by proxy10

he shouldn't have been elected President.

Yes, because McCain has all the answers, but since he wasn't elected he's just going to keep his mouth shut and let us learn our lesson... In my opinion it doesn't matter who was elected because none of them has a single clue as to how we are going to get out of this mess......

Originally Posted by maniclion

Yes, because McCain has all the answers, but since he wasn't elected he's just going to keep his mouth shut and let us learn our lesson... In my opinion it doesn't matter who was elected because none of them has a single clue as to how we are going to get out of this mess......

Of course not! Politicians only know how to get us into messes bro!

Originally Posted by Big Smoothy

Well....the woman who was exhausted is back.



Entire: Michelle Singletary - Woman who told Obama her financial fears has lost her job

Maybe Obama can appoint her a white house staff position!


Of course, she'd have to have cheated on her taxes and owe back taxes.

Originally Posted by LAM

my best friends father whose name is Richard Kelso (he was in the news many years ago for abandoning a young boy w/ cerebral palsy at a hospital on Xmas eve in the Philly suburbs) was the first person to graduate from Harvard Business School with a perfect score he he knows nothing about them teaching trickle down economics. so I'm not sure where you get that from. There are folks from/at Harvard in support of supply-side economics that have written papers (most of which are not peer-reviewed) about it but it is not an actual economic course in any school anywhere in the world.

Trickle down economics was actually sold to Reagan by a bunch of journalists not economists because they told him what he wanted to hear. Its' all in the tell all book written by his budget chief David A. Stockman called the "Triumph of Politics". Reagan was an idiot.

Yes, by god, if only we'd re-elected Jimmy Carter for a 2nd term! That guy had all the answers. Like every democrat before him and after him, he was the most brilliant guy to ever hold the office. Everything he did while in office would have had this economy going gangbusters. He just needed another 4 years, like the genius we have now.