View Poll Results: Are These Banks The New "WELFARE QUEENS?"

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  • YES

    15 83.33%
  • NO

    2 11.11%
  • The POOR are the "WELFARE QUEENS."

    0 0%
  • BIG ENERGY is the "WELFARE QUEEN."

    9 50.00%
  • BIG PHARMA is the "WELFARE QUEEN."

    9 50.00%
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Thread: "Too Big To Fail" "Welfare Queens"

  1. #21
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    Re: "Too Big To Fail" "Welfare Queens"

    Quote Originally Posted by tessaesque View Post
    Which is part of the reason why I think welfare is intentionally designed to create and perpetuate dependence upon the government. The problem you mention could be easily overcome by creating a program that turns welfare recipients (largely high school drop-outs or (occasionally) graduates/GED earners w/no college education or marketable skills) into highly-skilled potential workers for in-demand fields....or a program that doesn't perpetually reward you for having children you can't afford by increasing benefits each time you pop one out.

    I completely agree with this statement, except finding businesses that will pay more and produce more jobs that someone on a lower level could obtain. Not everyone is going to have the ability to get extra training, no matter what. It's a self perpetuating problem when gov subsidizes the wealthy and the poor leaving the middle to get hammered into oblivion. We're quickly approaching the point of no return with gov debt, spending and increasing dependents and will have to face the music on all levels.
    Einstein, "science without religion is lame, religion without science is blind."

  2. #22
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    Re: "Too Big To Fail" "Welfare Queens"

    Quote Originally Posted by grip View Post
    It's your problem as long as you're a part of society, whether it affects you are not. You don't sound eager to help anybody but yourself.
    I help more people than you can imagine...by choice. I don't believe in pissing good money away after bad...no. I also don't believe in rewarding stupid and negligent behavior, be that banks, brokerage houses, or individuals. I absolutely believe in helping those that are active participants in improving their lives...hands up vs hands out.

  3. #23
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    Re: "Too Big To Fail" "Welfare Queens"

    At this point, it is interesting to note that there are "0" votes for the poor as "WELFARE QUEENS." Maybe people are beginning to catch on. We could use another thousand Elizabeth Warrens in the Gov't. Don't ya' think?

  4. #24
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    Re: "Too Big To Fail" "Welfare Queens"

    Quote Originally Posted by VanceMack View Post
    I help more people than you can imagine...by choice. I don't believe in pissing good money away after bad...no. I also don't believe in rewarding stupid and negligent behavior, be that banks, brokerage houses, or individuals. I absolutely believe in helping those that are active participants in improving their lives...hands up vs hands out.
    I agree with this statement. We created a poverty driven social class on the bottom out of ignorance. And they are also responsible for their situation on a personal level. But pointing fingers isn't helping solve the crisis. The gov will start to cut those people off eventually and then this country will bleed. What is the answer? Let it happen? It will affect you then I'd almost guarantee it.
    Einstein, "science without religion is lame, religion without science is blind."

  5. #25
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    Re: "Too Big To Fail" "Welfare Queens"

    Quote Originally Posted by grip View Post
    I agree with this statement. We created a poverty driven social class on the bottom out of ignorance. And they are also responsible for their situation on a personal level. But pointing fingers isn't helping solve the crisis. The gov will start to cut those people off eventually and then this country will bleed. What is the answer? Let it happen? It will affect you then I'd almost guarantee it.
    Pointing fingers is just fine as long as you are pointing it at the RIGHT people. In order to SOLVE a problem you have to first IDENTIFY the problem. Proclaiming the innocence of the "Welfare Queen" (to include all citizens acting reckless and irresponsible running around with their hands out because its not FAIR) while berating the banks or the feds doesn't address the WHOLE problem. There is a complete mindset change that MUST happen. Feeding one problem while ignoring the other is irresponsible at best and corrupt at least.

  6. #26
    Professor

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    Re: "Too Big To Fail" "Welfare Queens"

    We got some. Why didn’t you get yours? We had some of our investments in bank stocks, part of our portfolio. We sold our AZ house near peak and replaced it with an MI house purchased from a distressed seller (their fault). In the past three years we have bought four houses (3 and 1 condo) in the Phoenix area. Getting ready to sell one that was purchased for 92k a year ago from banks (short & 2 lenders) that we think will go for about 150K now. I’d ‘guess’ that the banks took a bath. Our guess it that the first lender had loaned a little over 200K a few years before we purchased it and there was a second loan. We’ll wait a bit longer to sell. So some of our tax money went to rescue the banks? Damn! But we had somebody to deal with instead of dead banks and no one to deal with.

  7. #27
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    Re: "Too Big To Fail" "Welfare Queens"

    Quote Originally Posted by VanceMack View Post
    Pointing fingers is just fine as long as you are pointing it at the RIGHT people. In order to SOLVE a problem you have to first IDENTIFY the problem. Proclaiming the innocence of the "Welfare Queen" (to include all citizens acting reckless and irresponsible running around with their hands out because its not FAIR) while berating the banks or the feds doesn't address the WHOLE problem. There is a complete mindset change that MUST happen. Feeding one problem while ignoring the other is irresponsible at best and corrupt at least.
    Not only did I NOT say the welfare recipient was guiltless but I said they should take or be forced to take responsibility for their lives. But they're not the whole problem either. We're not that far off in agreement about the problem. We can sustain some debt and still function but we can't continue to add too it.

    I believe the whole *model* of success has to be redefined because we're entering a new era of unsustainable growth with the current consumer consumption and investment market. The uber rich will have to concede, while the welfare level must slow up and shrink, so the middle can prosper again.
    Einstein, "science without religion is lame, religion without science is blind."

  8. #28
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    "Too Big To Fail" "Welfare Queens"

    Quote Originally Posted by grip View Post
    Not only did I NOT say the welfare recipient was guiltless but I said they should take or be forced to take responsibility for their lives. But they're not the whole problem either. We're not that far off in agreement about the problem. We can sustain some debt and still function but we can't continue to add too it.

    I believe the whole *model* of success has to be redefined because we're entering a new era of unsustainable growth with the current consumer consumption and investment market. The uber rich will have to concede, while the welfare level must slow up and shrink, so the middle can prosper again.
    I'm ok with that position. The problem is...it's not happening nor will it happen as log as politicians continue to excuse, justify, and ultimately, exploit.

  9. #29
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    Re: "Too Big To Fail" "Welfare Queens"

    Quote Originally Posted by VanceMack View Post
    Calling it 'corporate capitalism' makes for a great rallying cry...but its not an accurate term.
    It's exactly the correct term. It's the Corporate State, that's Corporate Capitalism; a hallmark and cornerstone to Fascism. And to say that destroying the economy, rewarding those who destroyed the economy, and then doing nothing to fix the economy for the People and allowing us to wallow in exceptionally high and sustained unemployment doesn't impact the poor...I'm not 100% sure that would be accurate assessment.
    You know the time is right to take control, we gotta take offense against the status quo

    Quote Originally Posted by A. de Tocqueville
    "I should have loved freedom, I believe, at all times, but in the time in which we live I am ready to worship it."

  10. #30
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    Re: "Too Big To Fail" "Welfare Queens"

    Quote Originally Posted by VanceMack View Post
    Its not 'the WH'...its both houses of congress and the WH and it has been going on for a looooooooong long time.
    Nope. It has been going on since 2009.

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