Max Baucus on Obamacare

Of course you're not and of course you do... and I suppose you trade profitably too :p

Quote from Ricter:

No, I'm not jealous, I have much more than I need (or want, actually).
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Quote from Ricter:

But, if I follow your reasoning, they actually live like the rest of us, the tens of millions out of work, the (tens of?) thousands out on the street.
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Quote from Trader666:

So you feel the have-nots are entitled to leech off of the ones with the mansions and yachts via wealth redistribution because? Here's a novel concept: if someone wants something, how about getting off of their lazy butt and earning it?

I know a kid who's going to college full time but still earned over $100K last year through a part time business he started, cleaning out foreclosed houses and selling what people leave behind. Ironically his dad is a fat, deadbeat alcoholic loser who blames everyone else for his failures, lives in a cheap apartment at near poverty level and drives his 20 year old son's hand-me-down car.
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There are always anecdotes, and they are of little use, since everyone has a couple.

I do not feel anyone is entitled to "leech", if you mean by that they get their living either without productive work, or they have no excuse to be without productive work.

But I do recognize the structural, ie. institutional or other social arrangements that have strong causative effects and can produce unemployment and poverty. If I were talking about the same principle, but in reverse, for example how your hated liberals can create laws to take money away from the rich, then you'd agree that of course it can be done.
 
Quote from Trader666:

Of course you're not and of course you do... and I suppose you trade profitably too :p
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I no longer trade, but when I did, I did fine. I did not like the isolation.
 
Quote from Trader666:

The same goes for excuses for failing to make it.
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Some excuses can be backed up by science. For example, do you believe that a comet passed nearby last year, and suddenly tens of millions who formerly worked became lazy and ended up on their couches?
 
I believe from your posts that you're full of it and that you want handouts to give you what you can't give yourself.
Quote from Ricter:

Some excuses can be backed up by science. For example, do you believe that a comet passed nearby last year, and suddenly tens of millions who formerly worked became lazy and ended up on their couches?
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It's not a matter if I or you will become wealthy, it's a matter of respecting other peoples things.. There's laws prohibiting certain behaviors and there are taxes. If someone jumped through those hurdles-despite how undeserving they may be-well they won the lottery and I didn't. So be it. And money alone doesn't guarantee them health or happiness. But it's not like high earners aren't already paying their share in taxes and spending a bunch that helps keep the economy going.

I've said it before and I''ll say it again, even though most urban and suburban school districts spend 10-15k per pupil, per year, the best hope for America's, entitlement bred, underclass is to hope there's enough "wealthy" guys to support them via taxes and employment. Leftists who want to introduce the Euro social model-as if it's doing so well in Greece, Spain and Portugal-had better walk the streets of America. This isn't Stockholm, it's Rio. And ironically, Brazil even with it's challenging demographic, is rocking because of pro-business policies, while Sweden, the fair haired model of socialism, can't retain a car company any better than America.

The coming trend-whether "bleeding hearts" like you want to accept it-will be the simultaneous destruction of wealth and destruction of government. There ain't enough notional capital in the composite globe, to fund all of this government debt-most every developed country has debt to GDP of >40%-so the upheaval will be great. But the distressing-read dangerous part-is that even though the American underclass has completely WASTED, trillions in resources-i.e. free education and affirmative access, they'll still have misguided fucks telling you how they got the short end of the stick. Ever notice how Asians-like my parents-came here with no money, no English, no friends and made it happen? It's not societies obligation to lift every boat. It's societies goal to keep the fleet afloat. If not we can look to Cuba and say, "Hey, no starvation in Havana!! They're a great place!!" If so, then you and Michael Moore can go live there.




Quote from Ricter:

No, I'm not jealous, I have much more than I need (or want, actually). No, I'm more towards the "bleeding heart" end of that particular spectrum. But you are right about the class warfare part, and so what? you're defending the other class yourself. It's funny, we know you're not a member, or you wouldn't be here. Hoping to get lucky someday?

I'm more interested in the nexus of wealth and power, that is, where wealth is able to lobby government, or even work in government, changing the rules primarily to benefit themselves. Sure, everyone would like to do that, but only they have the means. It's all pretty quiet until a true believer like Obama comes to power and shakes their confidence a bit, (notwithstanding his own CEO appointments to councils). In this sense, the NBA player doesn't qualify. His kids? Maybe.
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Quote from Trader666:

I believe from your posts that you're full of it and that you want handouts to give you what you can't give yourself.
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So you tend towards the comet explanation then?
 
I tend toward the explanation that you're yet another unsuccessful ET poser (see below).

Quote from Ricter:

So you tend towards the comet explanation then?
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I'm puzzling over the difference between win-rate and expectancy...
http://www.elitetrader.com/vb/showthread.php?s=&postid=701206#post701206

Still, these replies have helped enormously while I continue to study equity trading, which I hope to do when I have more capital.
http://www.elitetrader.com/vb/showthread.php?s=&postid=701879#post701879

Quote from Ricter:

I no longer trade, but when I did, I did fine. I did not like the isolation.
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