Page 11 of 14 FirstFirst ... 910111213 ... LastLast
Results 101 to 110 of 137

Thread: The economic recovery turns 2: Feel better yet?

  1. #101
    Guru

    Join Date
    Mar 2007
    Last Seen
    Today @ 01:50 PM
    Lean
    Undisclosed
    Posts
    4,469

    Re: The economic recovery turns 2: Feel better yet?

    Quote Originally Posted by xpiher View Post
    Its not "stupid politicians" that's the problem. Its the system. Case in point, both parties voted for the bail out. Even tea party repubs tacitly support the measure as an extreme case. The system is broken, the system is what is corrupt. Putting the "right people in office" will not solve the problem, it will simply corrupt those people. This is a truth that Friedman and Hayke knew quite well. Its why the left is displeased with Obama.
    Stupid voters electing and reelecting stupid politicians is the problem. If the USA voters are not going to hold the politician accountable they will keep giving crooks taxpayer money.

    What kind of system would you prefer?

    .

  2. #102
    Professor xpiher's Avatar
    Join Date
    Apr 2011
    Last Seen
    04-23-12 @ 10:33 PM
    Gender
    Lean
    Libertarian
    Posts
    1,993

    Re: The economic recovery turns 2: Feel better yet?

    Quote Originally Posted by TOJ View Post
    Stupid voters electing and reelecting stupid politicians is the problem. If the USA voters are not going to hold the politician accountable they will keep giving crooks taxpayer money.

    What kind of system would you prefer?

    .
    One where stupid voter aren't produced. Of course, this may require not strictly adhering to the constitution so we can't have that.
    Hayek - too liberal for republicans

  3. #103
    Sage
    Lord Tammerlain's Avatar
    Join Date
    Jan 2010
    Last Seen
    Today @ 12:39 AM
    Lean
    Undisclosed
    Posts
    10,431

    Re: The economic recovery turns 2: Feel better yet?

    Quote Originally Posted by TOJ View Post
    If you are not a stockholder, its none of your damn business. If you think they are not looking out for stockholders and you own the stock, you are just stupid. I will stipulate there are a lot of stupid people in the USA.

    .
    I own a wide variety of stocks through mutual funds. But as a stockholder through mutual funds being able to vote for or against boards is not possible

  4. #104
    I'm not-low all the time
    Kushinator's Avatar
    Join Date
    Jan 2006
    Location
    West Loop
    Last Seen
    Today @ 01:09 AM
    Gender
    Lean
    Independent
    Posts
    16,254

    Re: The economic recovery turns 2: Feel better yet?

    Quote Originally Posted by TOJ View Post
    Nothing you said contradicts what I stated with the exception that stupid politicans elected by stupid voters decided to give crooks some taxparyer money.

    Are you advocating the government control compensation or what is your point?
    Not at all, i am simply pointing out that you have no idea what wall street bases its compensation packages on and therefore you are posting to be heard as opposed to bringing forth something of any relevance.

    You may have your last word rant.
    It is not very unreasonable that the rich should contribute to the public expense, not only in proportion to their revenue, but something more than in that proportion.
    "Wealth of Nations," Book V, Chapter II, Part II, Article I, pg.911

  5. #105
    Sage
    Dittohead not!'s Avatar
    Join Date
    Dec 2009
    Location
    The Golden State
    Last Seen
    Today @ 04:18 PM
    Gender
    Lean
    Libertarian
    Posts
    41,529

    Re: The economic recovery turns 2: Feel better yet?

    Quote Originally Posted by phattonez View Post
    Get the skills and experience first.
    Skills and experience is the easy part. Connections is the hard part.
    "Donald Trump is a phony, a fraud... [he's] playing the American public for suckers." Mitt Romney

  6. #106
    Sage
    cpwill's Avatar
    Join Date
    Dec 2009
    Location
    USofA
    Last Seen
    Today @ 01:48 PM
    Gender
    Lean
    Conservative
    Posts
    57,082

    Re: The economic recovery turns 2: Feel better yet?

    Quote Originally Posted by xpiher View Post
    The middle class are. The rich typically do not invest large percentages of their money. They sit on it.
    given that this is vastly incorrect (the wide majority of the wealthy invest their money in their businesses), i would like to see some evidence of this?

  7. #107
    Sage
    apdst's Avatar
    Join Date
    Jun 2009
    Location
    Bagdad, La.
    Last Seen
    Today @ 04:15 PM
    Gender
    Lean
    Very Conservative
    Posts
    76,332

    Re: The economic recovery turns 2: Feel better yet?

    Quote Originally Posted by xpiher View Post
    One where stupid voter aren't produced. Of course, this may require not strictly adhering to the constitution so we can't have that.
    If we had an ID system in place, we might be able to cull some of those stupid voters.

  8. #108
    Banned
    Join Date
    May 2011
    Location
    Where they have FOX on in bars and restaurants
    Last Seen
    09-14-14 @ 02:09 PM
    Gender
    Lean
    Independent
    Posts
    14,700

    Re: The economic recovery turns 2: Feel better yet?

    Where I live a super-rich guy had a mansion built on the lake. Many of my friends got employment there building this mansion. It was like a 3 year job. Local building supply stores and landscaping outfits prospered too. Employees of these places stayed employed and took family’s out to local restaurants, bought furniture new cars etc. Trickledown economics, it works. We need rich people, they create jobs

  9. #109
    Sage
    Lord Tammerlain's Avatar
    Join Date
    Jan 2010
    Last Seen
    Today @ 12:39 AM
    Lean
    Undisclosed
    Posts
    10,431

    Re: The economic recovery turns 2: Feel better yet?

    Quote Originally Posted by sawyerloggingon View Post
    Where I live a super-rich guy had a mansion built on the lake. Many of my friends got employment there building this mansion. It was like a 3 year job. Local building supply stores and landscaping outfits prospered too. Employees of these places stayed employed and took family’s out to local restaurants, bought furniture new cars etc. Trickledown economics, it works. We need rich people, they create jobs


    The rich do not spend enough for trickle down to work properly.

    During the housing bubble, vastly more people were employeed building homes for the middle class, the people making those homes also went to restaurants, bought cars, bought new furniture. By god the middle class creates jobs as well. As the middle class tends to spend more of their money, they create more jobs as a % of their income then do the rich. Wow, consumption creating jobs who would have guessed.

    If the rich spent more, then trickle down would work, but they dont, and as such trickle down does not work
    Happy Hanukkah Cheerfull Kwanzaa
    Happy Christmas Merry New Year Festivus for the rest of us

  10. #110
    Sage
    apdst's Avatar
    Join Date
    Jun 2009
    Location
    Bagdad, La.
    Last Seen
    Today @ 04:15 PM
    Gender
    Lean
    Very Conservative
    Posts
    76,332

    Re: The economic recovery turns 2: Feel better yet?

    Quote Originally Posted by Lord Tammerlain View Post
    The rich do not spend enough for trickle down to work properly.

    During the housing bubble, vastly more people were employeed building homes for the middle class, the people making those homes also went to restaurants, bought cars, bought new furniture. By god the middle class creates jobs as well. As the middle class tends to spend more of their money, they create more jobs as a % of their income then do the rich. Wow, consumption creating jobs who would have guessed.

    If the rich spent more, then trickle down would work, but they dont, and as such trickle down does not work
    Trickle down economics isn't just about rich people spending money.

Page 11 of 14 FirstFirst ... 910111213 ... LastLast

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •