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

Voters
18. You may not vote on this poll
  • 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%
Multiple Choice Poll.
Page 5 of 5 FirstFirst ... 345
Results 41 to 50 of 50

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

  1. #41
    Bring us a shrubbery!
    tessaesque's Avatar
    Join Date
    Apr 2011
    Location
    Plano, Texas
    Last Seen
    11-09-17 @ 06:18 PM
    Gender
    Lean
    Other
    Posts
    15,910

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

    Quote Originally Posted by radcen View Post
    This does make it higher than the official numbers, certainly, but exactly how high nobody really knows.
    TBH, I don't think any number we're gathering is accurate. The methodology is flawed. It's nice to have an unemployment measure as an economic indicator, but anybody to takes either the BLS number or the "true" unemployment number as gospel is being a little silly, IMO. And using unemployment as an argument against job training for welfare recipients is just as ridiculous. There are unfilled jobs in skilled professions all over the country. The reason welfare recipients have trouble finding adequate employment is because of a lack of skills more than anything else.
    "Hmmm...Can't decide if I want to watch "Four Houses" or give myself an Icy Hot pee hole enema..." - Blake Shelton


  2. #42
    Guru
    Morality Games's Avatar
    Join Date
    Jul 2009
    Location
    Iowa
    Last Seen
    05-24-16 @ 10:00 AM
    Gender
    Lean
    Centrist
    Posts
    3,733

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

    Quote Originally Posted by tessaesque View Post
    You realize 50 million people would equate to 16% unemployment. I assume you argue against the BLS numbers that cite unemployment at 7.8%? Or is using total unemployment (under-employed/given up/expired benefits) just convenient to the argument you're making right now?

    Regardless of that, training the under-educated and under-skilled in areas of high demand wouldn't subject them to the same difficulties in finding employment that they experienced while still under-educated and under-employed. We lack available workers in many technical fields...fields with would only require 2-3 years of training (at max) in almost any trade school/community college program.

    My solution is feasible. Your hyperbole is dishonest.
    Far more than 16% of Americans don't work. The estimated total numbers of jobs is less than half our population.

    My observations don't relate strongly to the unemployment rate (except that those unemployed are included under the umbrella of fifty million), as not everyone in the working population currently unemployed fits under that statistic, just the people looking for work.

    Fifty million includes the tens of millions of welfare dependents who have been out of work too long to count as unemployed under the employment rate: welfare dynasties as conservatives would consider them, who are only passively engaged in the labor force.

    This does make it higher than the official numbers, certainly, but exactly how high nobody really knows.
    Comparing census projections to the employed and making adjustments for aged, young, and infirm (who would not be expected to work) it is upwards fifty million.
    Last edited by Morality Games; 02-28-13 at 11:42 AM.
    If you notice something good in yourself, give credit to God, not to yourself, but be certain the evil you commit is always your own and yours to acknowledge.

    St. Benedict

  3. #43
    Bring us a shrubbery!
    tessaesque's Avatar
    Join Date
    Apr 2011
    Location
    Plano, Texas
    Last Seen
    11-09-17 @ 06:18 PM
    Gender
    Lean
    Other
    Posts
    15,910

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

    Quote Originally Posted by Morality Games View Post
    Far more than 16% of Americans don't work. The estimated total numbers of jobs is less than half our population.

    My observations don't relate strongly to the unemployment rate (except that those unemployed are included under the umbrella of fifty million), as not everyone in the working population currently unemployed fits under that statistic, just the people looking for work.

    Fifty million includes the tens of millions of welfare dependents who have been out of work too long to count as unemployed under the employment rate: welfare dynasties as conservatives would consider them.



    Comparing census projections to the employed and making adjustments for aged, young, and infirm (who would not be expected to work) it is upwards fifty million.
    You realize there are 113 million people under 18 and over 62, right? That's 36% of the population.
    There are currently about 131 million jobs FILLED. That's 42% of the population.

    So we've got let's say 70% of the population accounted for in teenagers that don't "need" jobs, elderly that are at or close to retirement, and people working.

    So 30% of working-age citizens aren't working. Among those you have the independently wealthy, the housewives/homemakers (about 26 million women, based on best estimates, which equates to 8% of the total population), and the unemployed seeking work. At BEST, you might be able to say 1/4 of the population needs work and can't find it. But claiming that unemployment is 50% as your above post does is a bit dishonest.
    "Hmmm...Can't decide if I want to watch "Four Houses" or give myself an Icy Hot pee hole enema..." - Blake Shelton


  4. #44
    Professor

    Join Date
    Feb 2011
    Location
    MI and AZ
    Last Seen
    03-15-15 @ 01:29 PM
    Gender
    Lean
    Other
    Posts
    1,581

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

    Quote Originally Posted by tessaesque View Post
    You realize there are 113 million people under 18 and over 62, right? That's 36% of the population.
    There are currently about 131 million jobs FILLED. That's 42% of the population.

    So we've got let's say 70% of the population accounted for in teenagers that don't "need" jobs, elderly that are at or close to retirement, and people working.

    So 30% of working-age citizens aren't working. Among those you have the independently wealthy, the housewives/homemakers (about 26 million women, based on best estimates, which equates to 8% of the total population), and the unemployed seeking work. At BEST, you might be able to say 1/4 of the population needs work and can't find it. But claiming that unemployment is 50% as your above post does is a bit dishonest.
    Let me add: I personally know people that used to work at a large corporation that are now officially unemployed. They are cash 'consultants' for small companies that are supporting large corporations. The wife’s have a real, on the record, job at low pay but with benefits. I wonder how much of this is going on. I also know people that have a real on the record job, but occasionally do construction on the weekends for cash.
    Also note my post #26 on this thread where I was unemployed (not collecting unemployment) but making money by investing.
    Last edited by OhIsee.Then; 02-28-13 at 12:16 PM.

  5. #45
    Guru
    Morality Games's Avatar
    Join Date
    Jul 2009
    Location
    Iowa
    Last Seen
    05-24-16 @ 10:00 AM
    Gender
    Lean
    Centrist
    Posts
    3,733

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

    Quote Originally Posted by tessaesque View Post
    You realize there are 113 million people under 18 and over 62, right? That's 36% of the population.
    There are currently about 131 million jobs FILLED. That's 42% of the population.


    So we've got let's say 70% of the population accounted for in teenagers that don't "need" jobs, elderly that are at or close to retirement, and people working.


    So 30% of working-age citizens aren't working. Among those you have the independently wealthy, the housewives/homemakers (about 26 million women, based on best estimates, which equates to 8% of the total population), and the unemployed seeking work. At BEST, you might be able to say 1/4 of the population needs work and can't find it. But claiming that unemployment is 50% as your above post does is a bit dishonest.

    Not exactly sure where the 50% allegation is coming from. I said "upwards fifty million" of a 308,000,000 legal population, which is a relative number indicating tens of millions going upwards to fifty or so million, partially because the number is subject to mild fluctuations ranging from the millions or tens of millions based on the year or decade. That number is broadly correct.


    While you can challenge the inclusion of specific demographics, it comes down to the mathematics. Fact is, most families with a "housewife" (unemployed spouse as far as I'm concerned) probably can't afford the convenience in today's economy, as excessive private debt and rising costs of living indicates a single employed adult rarely generates anywhere near enough capital to meet the various expenses of a nuclear family -- even with an equally excessive public debt providing food stamps and other services to compensate.


    When it comes down to it, there are also millions (possibly tens of millions) of jobs that are not filed with the U.S. Bureau of Labor Statistics, such as under-the-table construction work (not all of which goes to illegal immigrants). However, while not having to pay taxes offsets the low wages of such employment, it is not a consistent or reliable source of employment capable of supporting middle class living standards for yourself or a family.
    If you notice something good in yourself, give credit to God, not to yourself, but be certain the evil you commit is always your own and yours to acknowledge.

    St. Benedict

  6. #46
    Tavern Bartender
    Constitutionalist
    American's Avatar
    Join Date
    Mar 2006
    Location
    Virginia
    Last Seen
    Today @ 03:45 PM
    Gender
    Lean
    Conservative
    Posts
    76,262

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

    Quote Originally Posted by DaveFagan View Post
    I ain't seen JPMorgan Chase spending any excess monies in my neighborhood.
    My only argument here is that, at least the crack "ho" with the 3 kids spends her money in the local economy to her dealer for Meth and her dealer for baby things. She's good for the local economy and JPMorganChase is not.
    I don't think you can prove any of this, much less show us the benefit of criminal activity.
    "He who does not think himself worth saving from poverty and ignorance by his own efforts, will hardly be thought worth the efforts of anybody else." -- Frederick Douglass, Self-Made Men (1872)
    "Fly-over" country voted, and The Donald is now POTUS.

  7. #47
    Guru
    Morality Games's Avatar
    Join Date
    Jul 2009
    Location
    Iowa
    Last Seen
    05-24-16 @ 10:00 AM
    Gender
    Lean
    Centrist
    Posts
    3,733

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

    Quote Originally Posted by American View Post
    I don't think you can prove any of this, much less show us the benefit of criminal activity.
    Well, in industrially important cities in the 19th and early 20th centuries, organized crime syndicates provided stability to the neighborhoods of the ethnic poor where the authority of police was strongly resisted, often as part of a working relationship with their contacts in municipal politics to create a safer living/working environment. A double edged sword, but it did help the ethnic majority deny minority populations access to the economic and cultural mainstream, which at the time was a social goal.
    Last edited by Morality Games; 02-28-13 at 01:30 PM.
    If you notice something good in yourself, give credit to God, not to yourself, but be certain the evil you commit is always your own and yours to acknowledge.

    St. Benedict

  8. #48
    Iconoclast
    DaveFagan's Avatar
    Join Date
    Mar 2011
    Location
    wny
    Last Seen
    Today @ 10:51 PM
    Lean
    Conservative
    Posts
    7,290

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

    Quote Originally Posted by American View Post
    I don't think you can prove any of this, much less show us the benefit of criminal activity.


    It would appear to me that JPMorganCHASE is the one involved in the larger criminal activity. Didn't they just pay a $75 billion dollar fine to the gov't? Bogus mortgages, LIBOR rates, etc. That fine should reduce my personal tax burden minimally and that is an undeniable benefit. The crack "ho" and her dealer are gonna keep eatin' and feedin' da' babies and that helps my buddy two fingers at the slightly soiled diaper store as well as my buddy "Fingers" McKee, who regularly shares in the crack dealers good fortune by liberating much of his profits in a locally owned and operated back room poker game.

  9. #49
    Iconoclast
    DaveFagan's Avatar
    Join Date
    Mar 2011
    Location
    wny
    Last Seen
    Today @ 10:51 PM
    Lean
    Conservative
    Posts
    7,290

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

    Quote Originally Posted by DaveFagan View Post
    It would appear to me that JPMorganCHASE is the one involved in the larger criminal activity. Didn't they just pay a $75 billion dollar fine to the gov't? Bogus mortgages, LIBOR rates, etc. That fine should reduce my personal tax burden minimally and that is an undeniable benefit. The crack "ho" and her dealer are gonna keep eatin' and feedin' da' babies and that helps my buddy two fingers at the slightly soiled diaper store as well as my buddy "Fingers" McKee, who regularly shares in the crack dealers good fortune by liberating much of his profits in a locally owned and operated back room poker game.
    Remaking the Federal Reserve, Building Public Banks and Opting Out of Wall Street

    "The most obvious reason for a public bank is to allow a state to use its resources to build the economy of the state by keeping resources in-state and not sending them to Wall Street, but there are other reasons. The events in Cyprus, where depositors were forced to bail out the banks through seizure of their savings, show there needs to be a banking system that protects people. Cyprus-like seizures of accounts can happen in the United States.

    In fact, Ellen Brown reports that as part of the "living wills" banks are required to prepare under Dodd-Frank - which describe how they will survive an economic crisis - the banks include "bail-in" provisions. These plans require depositors (who are unsecured creditors, with fewer rights than derivative investors) to bail out the banks by turning their savings into bank stock, which could be worth only pennies on the dollar in a crash."

    Do yourself a favor and read the entire article. It is eye-opening and truly informative that simply states how the current system operates.

  10. #50
    Iconoclast
    DaveFagan's Avatar
    Join Date
    Mar 2011
    Location
    wny
    Last Seen
    Today @ 10:51 PM
    Lean
    Conservative
    Posts
    7,290

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

    Quote Originally Posted by American View Post
    I don't think you can prove any of this, much less show us the benefit of criminal activity.
    I would suggest that the illegal war in Iraq made the banks huge money. I would suggest it made those that fueled the war, energy corporations, huge money. I would suggest it made weapons manufacturers huge money and I consider it all criminal activity, even if it is the backbone of "War is good business" corporatism. JPMorgan is always trying to collect another dime in my neighborhood and the crack ho' is feeding her babies.

Page 5 of 5 FirstFirst ... 345

Posting Permissions

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