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How the Twinkie Made the Super-rich Even Richer

DA60 said:
Good one.

It's like rich people that claim tax rates for the rich are too low.
Hey pal...nothing stopping you from paying a higher tax rate - I am quite sure the government will take the extra tax revenue.
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DA60,
I get the distinct feeling this guy is living in a protective bubble where other people pay all his bills and support him.
Kinda like Karl Marx.
No one in the world who ever put in a good 8, 10, or 12 hours of work talks like this.
I just do not see "real world" life experiences in anything he says.
It is all LA LA Land.
 
Lafayette said:
Yeah, right, I'd write a book-about-it!
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Please don't, you're wrong and you have evidenced no capacity to distill information into concise, elegant points.

Your original claim was that it was so easy for the super rich to earn money off investments by posting a single, successful investment.
I pointed out that it's an absurd claim because:
1. picking a single winner. You cherry picked ONE thing, its so trivially absurd it's hard to even bother typing this.
2. A small investor has an easier time getting higher rates of return than an ultra-large investment.

These contradict your original claim, and you have not refuted them. You did go on and on about other things, like your apathy towards high income earners, and your desire to see confiscatory taxes in the U.S. increase. OK, but this is debate, and your claim has been debunked.

If you'd like to make a new claim, step right up. The constant stream of Lafayette propaganda posts doesn't mean you are debating. This is debate politics, not "Lafayette's stream of consciousness rantings on his hatred for the U.S.". Or is it!
 
RetiredNSmilin said:
DA60,
I get the distinct feeling this guy is living in a protective bubble where other people pay all his bills and support him.
Kinda like Karl Marx.
No one in the world who ever put in a good 8, 10, or 12 hours of work talks like this.
I just do not see "real world" life experiences in anything he says.
It is all LA LA Land.
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I agree.
 
Ockham said:
Money begets money. I only wish I had more to get more...
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I'm glad to see someone on the "Right" finally make the admission that getting rich has nothing to do with hard work, and pulling yourself up "by the bootstraps". If you are born into money, you are likely to stay rich or get more wealth. If you aren't, you get screwed by the system.
 
RickJames3000 said:
I'm glad to see someone on the "Right" finally make the admission that getting rich has nothing to do with hard work, and pulling yourself up "by the bootstraps". If you are born into money, you are likely to stay rich or get more wealth. If you aren't, you get screwed by the system.
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That's what you got from my comment? :lamo
 
Mach said:
Please don't, you're wrong and you have evidenced no capacity to distill information into concise, elegant points.

Your original claim was that it was so easy for the super rich to earn money off investments by posting a single, successful investment.
I pointed out that it's an absurd claim because:
1. picking a single winner. You cherry picked ONE thing, its so trivially absurd it's hard to even bother typing this.
2. A small investor has an easier time getting higher rates of return than an ultra-large investment.

These contradict your original claim, and you have not refuted them. You did go on and on about other things, like your apathy towards high income earners, and your desire to see confiscatory taxes in the U.S. increase. OK, but this is debate, and your claim has been debunked.

If you'd like to make a new claim, step right up. The constant stream of Lafayette propaganda posts doesn't mean you are debating. This is debate politics, not "Lafayette's stream of consciousness rantings on his hatred for the U.S.". Or is it!
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Piffle-'n-nonsense.

Moving right along ...
 
RetiredNSmilin said:
So if you win the lottery, you will give it all away to me?

Can I make a record of your word on that right now?

My attorney is standing by.
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After taxes, it's all yours ... ;^)
 
RetiredNSmilin said:
Nice theory, but where was US, US, US, when I was struggling to feed the kids, and get gas to go to work.
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Doing the same damn thing.

What in heaven's makes you think you are particularly special?

You aint - you're just one person amongst a population of 324,118,787 individuals, and one of 102,528,000 families.

The whole is far more important than the individual, and has been for centuries of human existence on earth.

Why? Because the whole can exist on its own, whilst the individual cannot.

You (alone) and just one more pea in the pod ...
 
Lafayette said:
Piffle-'n-nonsense.
Moving right along ...
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I accept your forfeiture. You can't debate can you, because your claims are all trivially show to be absurd.
 
Lafayette said:
Doing the same damn thing.
What in heaven's makes you think you are particularly special?
You aint - you're just one person amongst a population of 324,118,787 individuals, and one of 102,528,000 families.
The whole is far more important than the individual, and has been for centuries of human existence on earth.
Why? Because the whole can exist on its own, whilst the individual cannot.
You (alone) and just one more pea in the pod ...
Click to expand...

Wow, more great best-seller material you posted there. Are you debating? Or just belittling RetiredNSmilin?

Just so you know, the whole is actually composed of individuals, and literally HAS NO DEFINED MEANING, if you do not first accept the individual...
How can you get *nothing* correct in a thread, yet keep on as though you have a clue?

Let me try your style, it seems fun and cathartic:

You are just around 200lbs out of 75,000,000,000 ponds of biomass on this earth!$ The other 74,999,999,800 lbs is far more important than the just 200lbs of you!!$%
You are just a pea in a pod, and pods can exist without peas!

Did I do it rite?
 
MaggieD said:
Know what I want to know? If our country is such a failure...if its sooo horrible to live here...if the deck is sooo stacked...where are the millions of Americans who live here...who are being beaten up by our capitalist system...who are breaking their backs to make the rich richer...who are living in abject poverty while the 1% laugh at their stupidity...where are these tens of millions standing in line to leave??



Oh, wait...
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Maggie, you cannot do that to a liberal. Once you start offering them facts, reason, common sense, they get all confused. Then when you order your burger with only catsup, you end up with a catsup sandwich. Is that what you want?? Do you want our children being raised on catsup sandwiches because you confused the poor liberal arts major behind the counter at McBurgers???
 
Lafayette said:
Perhaps you mean "When did they enter?"

The Poverty Threshold time-line shows that at least 40 million people have been incarcerated there since 1965. Some left, but others entered.

And why? Because there is no real country-wide minimum wage. Were the Minimum Hourly Wage at $12 an hour (instead of the estimated $7.25), they had have an annual salary of $25K - just above the poverty threshold. (Gross and not Net of taxes, etc.)
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Except then the poverty level would be $30,000 due to the higher cost of living.....
 
faithful_servant said:
Except then the poverty level would be $30,000 due to the higher cost of living.....
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What "then".

The Poverty Threshold today is $24K for a family of four. For people to be paid a minimum wage and remain out of the poverty threshold they must be paid at the very least $11.54 an hour.

The Poverty Threshold is corrected for the cost-of-living. The average monthly cost of living in the United States for a single adult with no children is $2,371. This adds up to an average annual cost of living of $28,458. The average monthly cost of living in the United States for a single adult with one child is $3,943.

Even employed at the poverty threshold at $24K (and two kids) they are still paddling upstream.
 
Lafayette said:
Because of your pathetic blindness to the facts, you've been looking in the wrong place.

Here they are:
View attachment 67211076

More than 43 million men, women and children find themselves since 1965 below the Poverty Threshold, which is an average salary of $24K per year for a family of four.

That's the population of the states of California and Idaho combined.

You haven't even been looking for them. So why should you care ... ?
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the question then becomes why is that?

that is 11.53 an hour to make 24k a year. It isn't that hard to go find an 11 hour job. if you get 2 people working 11 hour jobs
then that is 48k a year.

you can basically find a job like that all over. some might involve manual labor but they can be found.
 
Lafayette said:
What "then".

The Poverty Threshold today is $24K for a family of four. For people to be paid a minimum wage and remain out of the poverty threshold they must be paid at the very least $11.54 an hour.
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If you have some skills finding an 11 hour job I not difficult.

The Poverty Threshold is corrected for the cost-of-living. The average monthly cost of living in the United States for a single adult with no children is $2,371. This adds up to an average annual cost of living of $28,458. The average monthly cost of living in the United States for a single adult with one child is $3,943.
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this is well not accurate. it depends on where you live. If you want to live in San Fran or LA or NYC then yea it will be that or more.
if you live in mainstreet USA where most people do it isn't nearly that high.

Even employed at the poverty threshold at $24K (and two kids) they are still paddling upstream.
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no one said life was easy. it requires work, skill, education.
 
Lafayette said:
What "then".

The Poverty Threshold today is $24K for a family of four. For people to be paid a minimum wage and remain out of the poverty threshold they must be paid at the very least $11.54 an hour.

The Poverty Threshold is corrected for the cost-of-living. The average monthly cost of living in the United States for a single adult with no children is $2,371. This adds up to an average annual cost of living of $28,458. The average monthly cost of living in the United States for a single adult with one child is $3,943.

Even employed at the poverty threshold at $24K (and two kids) they are still paddling upstream.
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Then you raise the MW so that more people are above the poverty line, which drives up the cost of living, so you you raise the MW so that more people are above the poverty line, which drives up the cost of living, so you raise the MW so that more people are above the poverty line, which drives up the cost of living, so you raise the MW so that more people are above the poverty line, which drives up the cost of living, so you raise the MW so that more people are above the poverty line, which drives up the cost of living, so you raise the MW so that more people are above the poverty line, which drives up the cost of living, so you raise the MW so that more people are above the poverty line, which drives up the cost of living, so you raise the MW so that more people are above the poverty line, which drives up the cost of living, so you raise the MW so that more people are above the poverty line, which drives up the cost of living, so you raise the MW so that more people are above the poverty line, which drives up the cost of living, so you raise the MW so that more people are above the poverty line, which drives up the cost of living, so you raise the MW so that more people are above the poverty line, which drives up the cost of living, so you raise the MW so that more people are above the poverty line, which drives up the cost of living...

Got it???

BTW - If I was single and living here in Cent Oregon (which has a very high COL), I would be doing well on $2,371.month. If I lived in an area where the COL was much lower, I'd be doing VERY well. In an area where rents start around $800 for a single bedroom apt., I could afford a pretty decent life on $2371/month.
 
Lafayette said:
[/COLOR]And yet, we have just put the fate of the nation into the hands of one of their kind ...
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You're thinking of Mitt Romney, not Trump. Trump is not a hedge fund manager. You can't even keep your hatred of conservatives straight enough to tell the difference between them.
 
PoS said:
Meh. I never liked Twinkies, I preferred their pudding and fruit pies though.
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i always dug the chocolate cupcakes with the swirly white flourish.

220px-Hostess-Cupcake-Whole.jpg
 
Lafayette said:
Doing the same damn thing.

What in heaven's makes you think you are particularly special?

You aint - you're just one person amongst a population of 324,118,787 individuals, and one of 102,528,000 families.

The whole is far more important than the individual, and has been for centuries of human existence on earth.

Why? Because the whole can exist on its own, whilst the individual cannot.

You (alone) and just one more pea in the pod ...
Click to expand...

You do realize, my new friend, that you just blew your " us, us, us " theory right out of the water with this post.

This is readily apparent.

Now go buy your lottery tickets....
 
reinoe said:
You're thinking of Mitt Romney, not Trump. Trump is not a hedge fund manager. You can't even keep your hatred of conservatives straight enough to tell the difference between them.
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Same bag of worms ...
 
faithful_servant said:
Then you raise the MW so that more people are above the poverty line, which drives up the cost of living, so you you raise the MW so that more people are above the poverty line, which drives up the cost of living, so you raise the MW so that more people are above the poverty line, which drives up ...
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This is the New Mantra of the Rabid Right?

Seems like it, and it makes no sense whatsoever.

Duhhhhhhhhhhhhh ...
 
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