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The 1% will own more than the 99% by 2016, report says

Fletch said:
Ok. Here are the dots. Its not freedom you want but a free ride. If power is what you fear, you would not put ever more power into the hands of the state.
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It's has noting to do with any free ride. It's to do with the fact that those with money have the power. Don't pretend I am not right.
 
gdgyva said:
you are kidding, right?

there is no magical pool of money to draw from......

the economy is continually growing

as some businesses start, others fail

maybe this will help you understand better

when anyone opens a business, the most that can be lost is what is invested? yes.....so 100%

when a business succeeds, what is the most that can be made? let me help you, the answer is infinity

no one knows how big that business could get, or how successful

as it grows, it adds to the total economy just as the failed business detracts from it

as long as we have businesses growing faster, and bigger than the combined losses of those that failed, the economy continue to grow

wealth is NOT a zero sum game.......how rich you get, doesnt affect me one iota

so wealth has absolutely NOTHING to do with wages..........

Wages are stagnant for the middle class because we have lost a lot of our manufacturing base to other countries

those people who used to work on the assembly line, are now working at any low paying job they can find

because they have little to no salable skills......

skills is what determines income.....PERIOD

rant over
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How can a business grow when there is no money to be made?
 
ReverendHellh0und said:
NJ home ownership rate is at 65%

that's the majority.

Where do you live, I bet you are wrong.

oh CT?

even higher 68.5%


you were saying?
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Um, that is a percent of homes owned overall, not a percent of homes owned by "the middle class".

You lost track of your own argument.

edit:
The least affordable U.S. markets, and the percentage of homes for sale in each where median-income Americans can afford to buy, are:
San Francisco, 14 percent
Los Angeles, 23 percent
Orange County, Calif., 24 percent
New York/New Jersey Metro, 25 percent
San Diego, 28 percent
Ventura County, Calif., 29 percent
San Jose, Calif., 34 percent
Fairfield County, Conn., 37 percent
Honolulu, 39 percent
Oakland, Calif., 40 percent.
In addition, some popular metro areas had particularly steep drops in affordability in the past year. In Denver, the share of affordable homes slid to 50 percent from 67 percent. The figure fell to 29 percent from 43 percent in Ventura County, and to 48 percent from 62 percent in San Antonio.

Read Latest Breaking News from Newsmax.com http://www.Moneynews.com/Economy/ho...g-markets/2014/05/14/id/571305/#ixzz3PP7fhZHG
 
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UtahBill said:
Every consumer, rich or poor, is in part responsible for creating jobs......
No rich person ever gave me a job, except my Uncle Sam.....
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How many poor people hired you to work for their company?
 
apdst said:
How many poor people hired you to work for their company?
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all of the ones we sold electricity to....customers who like to cook, light up their homes, have air conditioning, etc.
 
Middleground said:
It's has noting to do with any free ride. It's to do with the fact that those with money have the power. Don't pretend I am not right.
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Oddly enough, you don't fear vesting massive power in the hands of the state even though it is states that are the historic oppressors of people. Here is a list of the Forbes 400. Tell me in what way any of those people pose a threat to you.

The Richest People in America List - Forbes
 
apdst said:
How many poor people hired you to work for their company?
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Well poor people pay taxes and consume goods. So one way or another can you tell me how the money you received was in some way NOT from a poor person.
Nope.
Thank you
 
SlevinKelevra said:
that LITERALLY has NOTHING to do with the point I asked.


Keep trying though. Maybe your list of copy pasta strawmen points in your notepad txt file will eventually converge to a relevant response. I'd put higher odds on the infinite monkeys theorem playing out faster though.
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OK, let's try this: how many companies have been created without a cash investment and where did that money come from?
 
JANFU said:
Well poor people pay taxes and consume goods. So one way or another can you tell me how the money you received was in some way NOT from a poor person.
Nope.
Thank you
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Poor people don't pay income taxes and they consume goods, using taxpayer funded welfare.

Creating more poormfolks isn't going to help the the economy.
 
apdst said:
OK, let's try this: how many companies have been created without a cash investment and where did that money come from?
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If you have a job with an IRA or 401K or a retirement plan, part of your money is invested in businesses....it isn't just the rich playing the stock market any more.
 
UtahBill said:
all of the ones we sold electricity to....customers who like to cook, light up their homes, have air conditioning, etc.
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The guys that owned the electric company were poor?
 
apdst said:
The guys that owned the electric company were poor?
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Publicly traded company, owned by anyone who has at least a single share....
perhaps that excludes the UNEMPLOYED poor, tho....
 
UtahBill said:
If you have a job with an IRA or 401K or a retirement plan, part of your money is invested in businesses....it isn't just the rich playing the stock market any more.
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So, every single company in America is publicly traded on the stock market?
 
TerryOfromCA said:
Bush and Obama are like night and day, polar opposites. You can't compare them on any level
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They are Republocrat Status-Quo-Supporters. They are near identical. Spying, warring, increasing government spending and debt, expanding Patriot Acts, keeping GITMO going, etc. Big government, big brother, big war, big spending, big debt Republocrats. Peas in a pod.
 
apdst said:
Poor people don't pay income taxes and they consume goods, using taxpayer funded welfare.

Creating more poormfolks isn't going to help the the economy.
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Horse pucky.
 
apdst said:
The founders of Google didn't spend a dime, to create that company?
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Read the link. Their own money of which they had little.
You asked. I offered an answer.
 
apdst;1064218575[B said:
]Poor people don't pay income taxes .[/B]

Creating more poormfolks isn't going to help the the economy.
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apdst said:
What?!?...LOL! Which part is horse pucky?
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Bolded it fer ya.
That should suffice for now.
 
JANFU said:
Read the link. Their own money of which they had little.
You asked. I offered an answer.
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You offered an exception. There are exceptions to everything.

However, the reality exists that Google employs thousands of people. How poor is Google, now?

Ya see, Google made a ton of money and now it's trickling down.
 
Fearandloathing said:
I don't believe a word you say, it is garbage.

You have never read an economics text in your life and make up neat sounding ****...

You been called out friend.
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Called out by what? What have you offered? Nothing.

Everything that we push for now is for Corporate supremacy and corporate state. Hell we had government oversight teams that were doing cocaine and hookers instead of overlooking BPs oil rigs. The Banks fudge up and get bailed out. Corporations start going bust, and they get a bail out. Corporate prosperity is propped up with taxpayer dollars. We hail success in Wallstreet as true economic growth and government panders to that instead of the People. This is obvious by their actions during the bubble. They immediately funneled billions of tax dollar money to the banks and wall street to prop them up, meanwhile unemployment skyrocketed and they essentially just played the waiting game with that till unemployment turned around.

Heck, the Federal Reserve is essentially run by Goldman Sachs.

But yeah, we have Free Market Capitalism. HAHAHAHAHA. Maybe it's time for you to pick up some Hayek.
 
ReverendHellh0und said:
I've shown it's actually growing. Are the "middle class" becoming the "Working poor"?


Then who moves into thier middle class homes?
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I don't know, maybe the same people moving into Detroit?
 
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