Easy way to double the net worth of 60% of all US households

[Martinghoul]

Quote from Max E. Pad:
The fact of the matter is liberals would rather see everyone be dirt poor then see some people be more successful than others.

They always bitch about the widening gap between the rich and poor but the fact of the matter is the poor has never had it better than they do today, so what is their solution?

Ideas like Obamacare, destroy more middle class people and make them worse off than they were before, all in the name of "equality".......

Liberalism is a disease of the mind.

Maybe it's all about getting older and wiser...

I am a big fan of this here quote (regardless of whether Churchill ever said it or not):
“If you're not a liberal at twenty you have no heart, if you're not a conservative at forty, you have no brain.”

 

[HarbingerQ]

Quote from futurecurrents:

But the very structure of governmental regulations or lack thereof essentially acts as a decree, one that increasingly favors the wealthy. With this wealth there is now, more than ever, power over our government. It feeds on itself. Plutocracy being the danger.

One way redistribution for sure makes things better is by reducing poverty.

So how is it that you won't touch the two party system as a problem.

You make confusing statements, indication that you are confused individual.

Either the government WORKS or it doesn't, you can't have it both ways as you are trying for years.

 

[HarbingerQ]

Quote from futurecurrents:

Good questions. I would say let the public decide but then there is the danger of tyranny by the masses isn't there?

But yet, the public must decide, just as we have done all along. Ultimately, fairness, better/worse is determined by the majority. But that majority may be fooled by a beguiling, powerful minority.

And you would know something about that wouldn't ya.

The powerful minority controlling both Obama and Bush, both parties, except you would never quite say it like that. After all your supervisor is reading your work. Gotta stay loyal

 

[HarbingerQ]

Quote from futurecurrents:

\

Trickle down?

Trickle down is a failed propaganda of the wealthy elite who control the two party system

I do expect someone like you to fall for it.

 

[HarbingerQ]

Quote from futurecurrents:

Good point, but all we need is adjustment of what we have now. No? No need to get radical. We already redistribute wealth, and for good reason.

YES we do redistribute wealth.

We give to the federal reserve, we give it to military industrial complex.

We fund internet shills and agent provocateurs, we fund false flags and revolutions in other countries.

YOU GET OUR MONEY and it disgusts me

 

[HarbingerQ]

Quote from futurecurrents:

So everyone agrees that the current, historically high levels of wealth inequality is bad for ethical, economic and political reasons. Right?

And yet your solution is that we close our eyes and suck Obama off. Like you do.

Sorry, we the people are NOT PART OF WHAT YOU ARE

 

[Tsing Tao]

Quote from Martinghoul:

What exactly am I supposed to be digging myself out of? As far as I am aware, I have never made any categorical statements, especially regarding "conspiracy theories".

At any rate, there's really no point having a discussion, since, clearly, you're not willing to engage in a conversation. I am pleased to at least have provided you with some amusement.

Yes, it's me who isn't willing to engage in a conversation. Martin, engaging in a conversation - to you - is when other people are willing to concede your points of views. You never admit to the possibility of ever being incorrect, so how can it be a conversation/debate/discussion?

 

[Tsing Tao]

LOL...another one. Just use caution. This is only his "personal viewpoint".


Still unclear exactly how QE eases conditions: Fed's Dudley

LINK

(Reuters) - Extensive research into massive asset-purchase programs has not yet clarified whether such policies ease financial conditions primarily as a signal to investors or more directly through private portfolios, an influential U.S. central banker said on Saturday.

The Federal Reserve is currently buying $75 billion a month in Treasuries and mortgage bonds in its third round of quantitative easing, or QE3, which is meant to ease longer-term borrowing costs in the economy.

Yet "we still don't have well-developed macro-models that incorporate a realistic financial sector,' William Dudley, president of the New York Fed, told an economics conference.

"We don't understand fully how large-scale asset purchase programs work to ease financial market conditions, there's still a lot of debate ..." he said. "Is it the effect of the purchases on the portfolios of private investors, or alternatively is the major channel one of signaling?"

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And since we don't understand, let's just keep bloody doing it!

 

[Lucrum]

Quote from Tsing Tao:

LOL...another one. Just use caution. This is only his "personal viewpoint".


Still unclear exactly how QE eases conditions: Fed's Dudley

LINK

(Reuters) - Extensive research into massive asset-purchase programs has not yet clarified whether such policies ease financial conditions primarily as a signal to investors or more directly through private portfolios, an influential U.S. central banker said on Saturday.

The Federal Reserve is currently buying $75 billion a month in Treasuries and mortgage bonds in its third round of quantitative easing, or QE3, which is meant to ease longer-term borrowing costs in the economy.

Yet "we still don't have well-developed macro-models that incorporate a realistic financial sector,' William Dudley, president of the New York Fed, told an economics conference.

"We don't understand fully how large-scale asset purchase programs work to ease financial market conditions, there's still a lot of debate ..." he said. "Is it the effect of the purchases on the portfolios of private investors, or alternatively is the major channel one of signaling?"

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And since we don't understand, let's just keep bloody doing it!

In the famous words of Buzz Lightyear: "QE to infinity and beyond!"

 

[Tsing Tao]

Quote from Lucrum:

In the famous words of Buzz Lightyear: "QE to infinity and beyond!"

Pretty much. We've now had two Fed presidents come out - one said it was meant to boost asset prices (create inflation), and the other said we really don't know how it is effective in easing financial market conditions (though that was exactly what it was slated to do when launched).

Pretty damned funny stuff if it wasn't so damaging to us.