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Labor Unions Join Wall Street Occupiers for "Mass Rally'

I often say Atlanta is the new New York City. Even if GA is ugly compared to the majority of New York State.
 
Eighty Deuce said:
Right. The Dems had huge majorities. But LBJ could not pass it with all those Dems. Because all the southern Dems, who stayed Dems, btw, were against it. It was Republicans who gave LBJ the majority.

You haven't a clue about electoral demographics either. The South is benefitting from the relocation of disenfranchised folks from the failed liberal North. Look to the shift in electoral counts since 1970. Folks still moving south too. Conservative folks. Away from the liberal morass of tax and spend states such as Illinois and New York,

Now, to the Ignore button.
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File:ElectoralCollege1964.svg - Wikipedia, the free encyclopedia

1964 Presidential Election. Goldwater the Republican nominee voted agains the Civil Rights act.
 
Also, social security IS a ponzi scheme.

"A Ponzi scheme is an investment fraud that involves the payment of purported returns to existing investors from funds contributed by new investors. Ponzi scheme organizers often solicit new investors by promising to invest funds in opportunities claimed to generate high returns with little or no risk. In many Ponzi schemes, the fraudsters focus on attracting new money to make promised payments to earlier-stage investors and to use for personal expenses, instead of engaging in any legitimate investment activity. "

From the US securities and exchange comision website, no less, lol.
 
TurtleDude said:
do you support those turds demanding that "all debt be wiped out"
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No I don't. I would stand for student loan debt help.

As it stands now, education costs are sky rocketing and the only way to compete in the global economy is via education. It's kind of lose lose for younger generations, either take on debt in order to compete or flounder with a High School degree in a crappy job market.
 
KevinKohler said:
Also, social security IS a ponzi scheme.

"A Ponzi scheme is an investment fraud that involves the payment of purported returns to existing investors from funds contributed by new investors. Ponzi scheme organizers often solicit new investors by promising to invest funds in opportunities claimed to generate high returns with little or no risk. In many Ponzi schemes, the fraudsters focus on attracting new money to make promised payments to earlier-stage investors and to use for personal expenses, instead of engaging in any legitimate investment activity. "

From the US securities and exchange comision website, no less, lol.
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Please pass this information on to those you support and hopefully they will use it during their campaigns
 
Does this site have an Ignore button ?
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Yes - go to the person's profile and 'add to ignore list' is one of the options to the left under their pic if they have one. Sorry I couldn't quote you directly. You are on my ignore list.
 
iliveonramen said:
The Ryan Plan which turns Social Security into a voucher and it passed the House with full Republican support.
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I think you are thinking of Medicare and premium support (similar to, but not a voucher - which I would have preferred).

The fact Presidential canidates are saying Social Security is a Ponzi Scheme.
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:shrug: and there is a strong argument to be made there.


but the question was, where are the wall street protestors focusing in on entitlement reform as opposed to those corporations being all corporationy and how it's, like, so totally unfair that I have to pay back my student loans?
 
iliveonramen said:
No I don't. I would stand for student loan debt help.

As it stands now, education costs are sky rocketing and the only way to compete in the global economy is via education. It's kind of lose lose for younger generations, either take on debt in order to compete or flounder with a High School degree in a crappy job market.
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Thank Ted Kennedy for the price of collage today.


J-mac
 
I think you are thinking of Medicare and premium support (similar to, but not a voucher - which I would have preferred).
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I did mean Medicare thank you

but the question was, where are the wall street protestors focusing in on entitlement reform as opposed to those corporations being all corporationy and how it's, like, so totally unfair that I have to pay back my student loans?
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The whole purpose is the 99% that has been left out. Medicare and Social Security are entitlements that benefit mainly the lower and middle class. They've always been considered a middle class issue.
 
iliveonramen said:
No I don't. I would stand for student loan debt help.

As it stands now, education costs are sky rocketing and the only way to compete in the global economy is via education. It's kind of lose lose for younger generations, either take on debt in order to compete or flounder with a High School degree in a crappy job market.
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To add to this, the only viable way now to get a job within your field after college is to take an internship, the majority of which offer no pay, or below minimum wage. Someone who is getting ready to shoulder between 300-800+ a month in college loan bills is simply not going to be able to take an unpaid, or such severely underpaid position. Unles, of course, they have strong financial backing. Like wealthy parents.
 
Frolicking Dinosaurs said:
Yes - go to the person's profile and 'add to ignore list' is one of the options to the left under their pic if they have one. Sorry I couldn't quote you directly. You are on my ignore list.
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I LOL'ed. I actually laughed out loud.
 
cpwill said:
I think you are thinking of Medicare and premium support (similar to, but not a voucher - which I would have preferred).



:shrug: and there is a strong argument to be made there.


but the question was, where are the wall street protestors focusing in on entitlement reform as opposed to those corporations being all corporationy and how it's, like, so totally unfair that I have to pay back my student loans?
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It's not unfair to have to pay back student loans, but it IS unfair that colleges, and more to the point, the student loan companies, are the ONLY companies that can't be defaulted on. Why can a business own have his slate wiped clean by bankruptcy, and a college grad can't?
 
KevinKohler said:
It's not unfair to have to pay back student loans, but it IS unfair that colleges, and more to the point, the student loan companies, are the ONLY companies that can't be defaulted on. Why can a business own have his slate wiped clean by bankruptcy, and a college grad can't?
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Because they are government backed. You can never declare bankruptcy against the government. I'm not sure about private loans not backed by the government.
 
j-mac said:
Thank Ted Kennedy for the price of collage today.


J-mac
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Why? That's a legit question, what did Ted Kennedy have to do with high tuition costs?

I always assumed college costs escalated so much because of over regulation. You have to have a certification to do most ANY job these days, none of which are offered during the coarse of general education in public schools. Meaning...you want to be a mechanic? Gotta go to school for it, no matter how much you might already know. Wanna be a restaurante manager? Gotta get serve safe certification, which isn't a degree, but it's a long program taught by an accredited education business...usually run by health inspectors, lol....Wanna be ANYTHING in this country other than a cashier, you need certification. Which means higher ed, of some degree or another. That equal demand. High enough demand for something, you can charge most anything you want for it. And so long as there are loan companies set up specifically to lend to kids with no credit, you know they'll be good for the money.
 
Frolicking Dinosaurs said:
The gray voters are organizing and it looks like they are going to join with the Wall Street protesters. My guess is this will be called "Regular Americans are mad as heck and aren't going to take this anymore" instead of OWS by Thanksgiving.
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:shrug: we shall see - certainly there would be alot over overlap of that sentiment with them and the tea party.

[*]The seniors are pretty darn hot about the Tea Party putting SS and Medicare on the chopping block while refusing to raise taxes on the wealthy.
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actually A) seniors aren't effected by any plan to reform those two entitlements and B) a plurality of seniors poll supporting the Ryan Plan over the Obama Plan.

[*]The younger voters are upset that educational assistance when on the chopping block while refusing to raise taxes on the wealthy.
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of course they are. our idiotic notion that everyone needs to go to college has resulted in my generation receiving little to no actual education in return for which we are saddled with massive student debts. THEN, we graduate (if we graduate), only to find that unemployment for our age bracket in the Obama Economy is around 15-25%. Underemployment is far higher than that and suddenly your studies in feminist theory and film don't seem as guaranteed to enable you to pay those loans back as easily as your guidance counselor seemed to have suggested.

[*]There are a lot of Hispanic children born in the US to illegal immigrants that are now over age 18 and they are upset that that the GOP has blocked all legislation that would legal to their relatives be able to make their status legal and to have the protections most workers in America enjoy.
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that may be true, but the GOP is on the general side of the populace when it comes to immigration.

[*]The unemployed are upset that the GOP has tried to block programs to help them retrain and programs to create jobs
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to the contrary, the GOP in the House has passed numerous measures that would have created jobs, that have then gone on to die in the Senate. Democrats, by contrast, seem more interested in measures that constrain job growth.

[*]A whole lot of uninsured people are angry that the GOP blocked a public option for healthcare.
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doubtful. people that are uninsured and can't get insurance generally qualify for Medicaid, which is a public option.

[*]People are angry that Americans pay far more for medications than residents of other countries do
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depending on how you count (do you consider unavailability of care a "cost"? how about time spent waiting?).

but certainly we pay too much - which is why we should put into place the reforms that have been proven to reduce costs.
 
iliveonramen said:
Because they are government backed. You can never declare bankruptcy against the government. I'm not sure about private loans not backed by the government.
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A bank is government backed, by the FDIC, but you can certainly declare bankruptcy on them. Point in fact, I got my student loans through bank of america, which then sold them to a company called Nelnet, which then sold them to yet another company.
 
KevinKohler said:
Why? That's a legit question, what did Ted Kennedy have to do with high tuition costs?

I always assumed college costs escalated so much because of over regulation. You have to have a certification to do most ANY job these days, none of which are offered during the coarse of general education in public schools. Meaning...you want to be a mechanic? Gotta go to school for it, no matter how much you might already know. Wanna be a restaurante manager? Gotta get serve safe certification, which isn't a degree, but it's a long program taught by an accredited education business...usually run by health inspectors, lol....Wanna be ANYTHING in this country other than a cashier, you need certification. Which means higher ed, of some degree or another. That equal demand. High enough demand for something, you can charge most anything you want for it. And so long as there are loan companies set up specifically to lend to kids with no credit, you know they'll be good for the money.
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I always assumed that as funding came in less and less via state funding they had to rise tuition.
 
KevinKohler said:
It's not unfair to have to pay back student loans, but it IS unfair that colleges, and more to the point, the student loan companies, are the ONLY companies that can't be defaulted on. Why can a business own have his slate wiped clean by bankruptcy, and a college grad can't?
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moral hazard is too easy. brand new college grad has nothing - bankruptcy costs them nothing.
 
KevinKohler said:
A bank is government backed, by the FDIC, but you can certainly declare bankruptcy on them. Point in fact, I got my student loans through bank of america, which then sold them to a company called Nelnet, which then sold them to yet another company.
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FDIC is insurance and only covers personal loss of a bank account (i.e. you). The stafford subsidized loans and other government backed loans insures that everyone is eligible because if you do not pay the loan, the government pays for you and will collect from you. Even though BofA or Nelnet controlls the loan, they have a promise that if you don't pay the government will collect.
 
iliveonramen said:
I always assumed that as funding came in less and less via state funding they had to rise tuition.
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That probably accounts for some of it...but make no mistake, college is a business....BIG business. it has shareholders, board members, the works. They are for profit.
 
cpwill said:
moral hazard is too easy. brand new college grad has nothing - bankruptcy costs them nothing.
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That is true too....why not go to harvard on student loans and just wipe out debt. The education is very worth living through bankruptcy. It would be a "smart" economical decision as more and more are getting priced out of what is slowly becoming almost a necessity.
 
iliveonramen said:
FDIC is insurance and only covers personal loss of a bank account (i.e. you). The stafford subsidized loans and other government backed loans insures that everyone is eligible because if you do not pay the loan, the government pays for you and will collect from you. Even though BofA or Nelnet controlls the loan, they have a promise that if you don't pay the government will collect.
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The FDIC is a pre bail out, bail out. It ensure that banks can be run all different kinds of badly, and still stay in business, because the customer is covered. By...of course...the customer's taxes. To me, that is government backing of banks. Propping up, to be more exact. So in other words, those other loans, like small biz loans and such, ARE back by the government. The bank can literally loan out ALL of their capitol, and if NONE of it get's paid back, no worries, because the investments are still covered.

But besides that point, why are student loans the only ones openly, directly, back by the government?
 
cpwill said:
moral hazard is too easy. brand new college grad has nothing - bankruptcy costs them nothing.
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Except for 7 years of 0 credit. You can't even rent an apt or buy a used car without a credit check, man. Usually the people that file chapter 8 have nothing left, either.
 
cpwill said:
:shrug: i heard what they said - and then found and linked the relevant portion to you from a left wing supportive website. you can complain all you like about it :)
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What you did not find was the people actually doing this saying what you claim. I could care less what other people claim they are about, I want to know what they are about. Your sources have not been particularly good on that.
 
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