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Union scale in NYC is over $40/hour on the check. Almost $60/hr with benefits. You need to go through a 5-year apprenticeship and get an associates degree with some locals. Most plumbers don't do just plumbing either. There are different sub-disciplines of plumbing such as boiler work, gas...

The 1930s depression was more severe. I think we'll see the Dow bottom closer to 4000-4500.

Number 9 might be the most difficult.

Anyone can get financial aid as long as they're considered independent or 24+ years old. Community colleges in California offer courses at $20/credit, which is extremely cheap. You could complete an entire 2-year degree for less than $2k including the price of books and school supplies. Or...

I'm a tradesmen (journeyman level HVAC technician) and I have a bachelors degree. How do you like them apples? The degree opened some doors for me on the project management/engineering side. That's about it. A good tech makes more than an engineer. Why? Because someone finally figured out...

That's not completely true. There are plenty of people who go back to school after 10-15 years and substantially increase their earnings potential. I guess it really depends on the type of job or industry you are working in. If you decide that you want to be a doctor at age 30, then yes, you...

Their degrees are in engineering and CompSci, you jackass. Those are hardly useless degrees. I do have one friend with a finance degree and can't find a job, which is understandable right now. He's going for an MS in Financial Engineering to give himself an edge. So I guess we should all...

Ever heard of H1-Bs? I have several intelligent friends with graduate degrees and many of them can't find jobs. It's hard to compete with Bihar Pradesh when he's willing to do the same job for $20k/year. Mr. Pradesh isn't better or smarter than his American counterparts either. He's simply...

My 5 year old PC can do the same things my 5 month old PC can do. The newer PC simply has more HD space for porn.

So Obama has better speech writers. Great! Meet the new boss. Same as the old boss, just a bit more eloquent.

Eliminating the minimum wage laws will increase the number of employed people substantially. However, I'm not sure how long it would take for the price of goods to adjust accordingly with the decreasing wages. Would it happen immediately?

Emanuel is the new Henry Kissinger.

True. But in stock_turd3r's feeble little mind it is. Never mind the fact that you can barely afford to live in a safe neighborhood, or you can only afford Mickey D's because healthier food is too expensive. As long as I got my iPod, everything is peachy keen.

Possibly. But a house would only cost $25k, a car would be $3k and my electric bill would be $5-10. When it comes to finance, everything is relative. Not to mention, the value of my gold-backed money would be increasing in value over time without even investing it. I'd be able to...

Not true. Plenty of things are still way overpriced. Housing in big cities (Chicago, Los Angeles, New York) is still ridiculous. And most people who make $30k/year DON'T live way above their means. It's the few who don't save that fuck everything up for everyone. It used to be that a guy...

Maybe for you. I just got an offer from Discover at 0% for 1 year with 0% transfer fees. Only for $20k though, but I received my first CC 3 years ago (I'm 24, 765 FICO).

Where will these assholes hide their money then? I guess Israel.

Yes! Just what we need. More useless old people living longer so that they can suck on the government tit for more social security and medicare.

Interesting. What's the reason behind this? Perhaps people aren't buying new cars so they need to buy more replacement parts for the older cars they currently own?

The more I read, I can't help but think that all of this is by design. The entire system has been set up to fail. The extremely wealthy are trying awfully hard to put an end to capitalism.