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Author Topic:   Whine & Cheese
nwr
Member
Posts: 6408
From: Geneva, Illinois
Joined: 08-08-2005
Member Rating: 5.1


(1)
Message 11 of 181 (649421)
01-23-2012 9:58 AM
Reply to: Message 1 by Phat
01-23-2012 9:23 AM


Phat writes:
My basic whine? The demise of the US Middle class...particularly me!
The demise of Phat -- then I wonder who posted that message
Phat writes:
Capitalism was never meant to be so unfair.
Fairness was never a capitalist criterion.
Phat writes:
Hence my rant.
Ranting won't get you anywhere.
There are many reasons for the current economic condition. One of those reasons is that we have failed to invest in our future. And that failure to invest is largely the work of political conservatives and evangelical Christianity. It has been my impression that you have been part of those groups, in which case you are not the victim - you are one of the perpetrators.

Jesus was a liberal hippie

This message is a reply to:
 Message 1 by Phat, posted 01-23-2012 9:23 AM Phat has replied

Replies to this message:
 Message 13 by Phat, posted 01-23-2012 10:02 AM nwr has seen this message but not replied

  
nwr
Member
Posts: 6408
From: Geneva, Illinois
Joined: 08-08-2005
Member Rating: 5.1


(1)
Message 51 of 181 (649822)
01-25-2012 5:11 PM
Reply to: Message 50 by Phat
01-25-2012 3:12 PM


Re: Domestic fairness versus global fairness
Phat writes:
Quite honestly, I value my wage and station in life over helping Quan from Indonesia climb into my spot.
Then you have lost your way.
I believe that my father earned my spot for me through his labor.
No, he didn't. You have to earn that for yourself.
The most that your father could have done, was to give you a good start. But, from there, the rest is up to you.
We simply cant and wont share the wealth we deserve with a globe full of competitive foreigners.
You are right, that we won't. But that will be because we don't deserve any wealth. If we continue as we have been doing, failing to invest in our futures, then we shall become a poverty stricken third world society.
Wait till we are dead and then perhaps our kids can sort it out with the foreign competition, though I doubt it since they have to pay more for the education that foreign governments subsidize for their youth.
How will they sort it out, when we deny them a decent education and we leave them with a crumbling infrastructure?

Jesus was a liberal hippie

This message is a reply to:
 Message 50 by Phat, posted 01-25-2012 3:12 PM Phat has seen this message but not replied

  
nwr
Member
Posts: 6408
From: Geneva, Illinois
Joined: 08-08-2005
Member Rating: 5.1


Message 128 of 181 (650506)
01-31-2012 5:10 PM
Reply to: Message 121 by Phat
01-31-2012 12:34 PM


Re: Putting things in perspective
Phat writes:
We likely will inflate the debt away.
Then say goodbye to that pension you were hoping to retire on. It would be inflated away.

Jesus was a liberal hippie

This message is a reply to:
 Message 121 by Phat, posted 01-31-2012 12:34 PM Phat has seen this message but not replied

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nwr
Member
Posts: 6408
From: Geneva, Illinois
Joined: 08-08-2005
Member Rating: 5.1


Message 132 of 181 (650515)
01-31-2012 5:25 PM
Reply to: Message 129 by Phat
01-31-2012 5:14 PM


Re: Putting things in perspective
Phat writes:
What we need to do is prevent the rest of the world from adopting a new global reserve currency for trade apart from the US Dollar.
The best way to handle that, is to adopt sensible economic policies. But that's not easy to do when members of the Grand Old lunatic Party block just about everything sensible.

Jesus was a liberal hippie

This message is a reply to:
 Message 129 by Phat, posted 01-31-2012 5:14 PM Phat has not replied

  
nwr
Member
Posts: 6408
From: Geneva, Illinois
Joined: 08-08-2005
Member Rating: 5.1


Message 173 of 181 (701720)
06-24-2013 7:14 PM
Reply to: Message 172 by Phat
06-24-2013 6:55 PM


Re: This is interesting
Including dividends, the S&P 500 gained 135% from March 2009 through January 2013, during what people remember as the "Great Recession."
At the same time, wages were stagnant and savings interest rates were barely above zero.
The rich get rich and the poor get poorer.
This is upward (toward the rich) wealth redistribution.

Fundamentalism - the anti-American, anti-Christian branch of American Christianity

This message is a reply to:
 Message 172 by Phat, posted 06-24-2013 6:55 PM Phat has replied

Replies to this message:
 Message 174 by Phat, posted 06-24-2013 7:20 PM nwr has seen this message but not replied

  
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