Left With Nothing

[Ricter]

Quote from CaptainObvious:

Welcome to modern day capitalism, or what's supposed to pass for capitalism. Sorry, we stole your home, all nice and legal like. Raided your pension fund, left you with nothing. Sorry chump. Bought your company, busted it up and you get the pink slip. So sad, too bad. We got ours.
One really big difference between the modern day raiders and the old time capitalists. Way back when they actually built something with their money. Now they just make money, period.

In theory you're supposed to own stock in those financial companies and so make money when they make money.

 

[Tsing Tao]

Quote from Ricter:

In theory you're supposed to own stock in those financial companies and so make money when they make money.

What do the other 50% of Americans do?

 

[Ricter]

Quote from Tsing Tao:

What do the other 50% of Americans do?

First rule of financial security, 10%. They need to take 10% of their income, regardless of how low it is, and save it. Eventually, they could start buying stocks and raise themselves up. It takes hard work. That's what made this country great.

 

[CaptainObvious]

Quote from Ricter:

In theory you're supposed to own stock in those financial companies and so make money when they make money.

In theory, which used to be fact, the money did actually trickle back down into the larger population. That stopped happening and our economy will crumble as a result. Capitalism doesn't work without the capitalists at the upper end re-investing their money in something other than making more money. You actually have to build some shit and employ people for this to work.

 

[bigarrow]

Quote from Lucrum:

NO moron, Obama's.

Once again you're proving yourself to be the less intelligent one. The practice of buying tax liens has been going on for longer than Obama has been president. Go learn something dick breath.

 

[Tsing Tao]

Quote from Ricter:

First rule of financial security, 10%. They need to take 10% of their income, regardless of how low it is, and save it. Eventually, they could start buying stocks and raise themselves up. It takes hard work. That's what made this country great.

So when do we see you beside Suze Orman?

 

[Ricter]

Quote from CaptainObvious:

In theory, which used to be fact, the money did actually trickle back down into the larger population. That stopped happening and our economy will crumble as a result. Capitalism doesn't work without the capitalists at the upper end re-investing their money in something other than making more money. You actually have to build some shit and employ people for this to work.

The money never did trickle down, it was pulled down by organized labor, who formerly had the clout to ensure productivity increases were shared among all who had a hand in improving productivity.

You're right that people need to be employed, under the current rule set. Or they need to own a piece of the machines that are "building" stuff.

 

[Ricter]

Quote from Tsing Tao:

So when do we see you beside Suze Orman?

You already have all the information you need to transform yourself from a "soon to have" to a "have". ; )

 

[Lucrum]

Quote from bigarrow:

Once again you're proving yourself to be the less intelligent one. The practice of buying tax liens has been going on for longer than Obama has been president. Go learn something dick breath.

I think you may have finally got me on something big zero.

Redneck roofer - 1

Lucrum - 999? (or thereabouts)

 

[Ricter]

I'm sure you see that I was inspired by the Romney campaign's message of "optimism and change" (hope and change was taken).