Any of you hippies protest at Wall Street?

[halik]

Does GS have a formal indoctrination process or do they just screen for sociopaths in their interviews?

Nice dodge, care to address anything I asked? Nonsense like the above is why no one takes you seriously...

 

[halik]

The wealth gap is at pre-1929 levels, stop pretending the American dream hasn't been damaged. The top 5% right now rake in 50% of the GDP and it is increasing.

Socialism and entitlements are the way aristocracies keep the populace in check. There is a flip side to all these entitlements people complain about. At either end of either spectrum it chips away the middle class.

This is a real issue, but gets drowned out by morons yelling about anti-capitalism, free _whatever_ hippie cliches and incoherent nonsense a la icebergslim.

IMHO Gradual erosion of the progressive rates on long term capital gains has a lot to do with it, I've posted a link to the distribution of effective tax rates for top 400 AGI filers over the last 20 years and you can see the mean of the distribution jump accordingly to the LTCG rate. Capital gains is the predominant form of income on the high end and we've gone from 28% to 20% to 15% since 1988

http://www.taxfoundation.org/taxdata/show/2088.html

 

[Dr. Zaus]

Starting off with some quasi-emotional ad hominem doesn't strengthen your point... Actually it's the very same reason why the country isn't taking the protesters seriously.

What "actions of all banks" are referring to, specifically? I don't support or reject any blanket statement, just particular issues.

I do reject the notion that either wall street greed or people over borrowing or government policy singlehandedly caused the housing bubble and its collapse. Bubbles have an inevitable dynamic that follows game theory - everyone benefits when it's growing and no one wants it to stop. Once it blows, everyone has to pay for the past's excess.

This.

 

[IceBergSLiM]

Nice dodge, care to address anything I asked? Nonsense like the above is why no one takes you seriously...

there is nothing to address....nothing I say will shake your beliefs.

 

[IceBergSLiM]

This is a real issue, but gets drowned out by morons yelling about anti-capitalism, free _whatever_ hippie cliches and incoherent nonsense a la icebergslim.

IMHO Gradual erosion of the progressive rates on long term capital gains has a lot to do with it, I've posted a link to the distribution of effective tax rates for top 400 AGI filers over the last 20 years and you can see the mean of the distribution jump accordingly to the LTCG rate. Capital gains is the predominant form of income on the high end and we've gone from 28% to 20% to 15% since 1988

http://www.taxfoundation.org/taxdata/show/2088.html

deferring blame to arbitrary tax rates, that is definitely something a fully indoctrinated bankster would say. That is absolutely a piece of the puzzle but to make it center stage is such an obvious deflection. obvious shill is obvious

 

[TallBill]

cool. da nile isn't just a river in africa. Your a middle class-ish dude right? There is no way whether you choose to believe it or not, that you have not been fucked. If your cool with that, then thats your choice.

I really am cool with it. I'm a live in the moment kind of guy, although I do have long term financial goals. If my total stock market funds turn into a pile of shit, then we'll all be in a pile of shit and there's nothing that I can do about it so worrying wont do a damn thing to help me.

Every adult in my extended family is either employed or retired. Maybe not all of us are earning our full potential but we do ok. Only one family member is a part of the top 1%.

I go to work, I do my job, I tuck money away, and I play hard. If the entire world collapses financially at least I'll probably have gone dancing the night before.

 

[IceBergSLiM]

I really am cool with it. I'm a live in the moment kind of guy, although I do have long term financial goals. If my total stock market funds turn into a pile of shit, then we'll all be in a pile of shit and there's nothing that I can do about it so worrying wont do a damn thing to help me.

Every adult in my extended family is either employed or retired. Maybe not all of us are earning our full potential but we do ok. Only one family member is a part of the top 1%.

I go to work, I do my job, I tuck money away, and I play hard. If the entire world collapses financially at least I'll probably have gone dancing the night before.

more to power to you then in your pursuit of happiness.

 

[TallBill]

more to power to you then in your pursuit of happiness.

Word Who knows if it'll last forever but I'm definitely there now.

 

[SandEagle]

"I sincerely believe that banking establishments are more dangerous than standing armies, and that the principle of spending money to be paid by posterity under the name of funding is but swindling futurity on a large scale."

--Thomas Jefferson to John Taylor, 1816

 

[SandEagle]

"We are grateful to the Washington Post, The New York Times, Time Magazine and other great publications whose directors have attended our meetings and respected their promises of discretion for almost forty years. It would have been impossible for us to develop our plan for the world if we had been subjected to the lights of publicity during those years. But, the world is now more sophisticated and prepared to march towards a world government. The supranational sovereignty of an intellectual elite and world bankers is surely preferable to the national auto-determination practiced in past centuries."

-- David Rockefeller, Speech given at Bilderberg meeting, 1991

 

[bfdd]

IceBergSLIM ever been to the orientation meeting for a big union? Pretty much an indoctrination ceremony where they were telling me that inflation is caused by to much money in few peoples hands and unions help alleviate that issue.

 

[bfdd]

deferring blame to arbitrary tax rates, that is definitely something a fully indoctrinated bankster would say. That is absolutely a piece of the puzzle but to make it center stage is such an obvious deflection. obvious shill is obvious

... aren't you one of the guys who says we need to tax them more? Why if tax rates are so arbitrary... He's right though. That has had a snowball effect and why you see the wealth of the richest grow so fast.

 

[IceBergSLiM]

... aren't you one of the guys who says we need to tax them more? Why if tax rates are so arbitrary... He's right though. That has had a snowball effect and why you see the wealth of the richest grow so fast.

all higher tax rates will do is push more investors offshore. They will set up their trusts and shell corps in some other country like the had been doing for decades prior. They will always find a way to avoid paying. They have teams of lawyers and accountants that spend their days concocting ways to skip out on taxes.

 

[halik]

deferring blame to arbitrary tax rates, that is definitely something a fully indoctrinated bankster would say. That is absolutely a piece of the puzzle but to make it center stage is such an obvious deflection. obvious shill is obvious

No it is clear that the goldman sachs and fed jewish conspiracy has been stealing money from middle class and giving it to warren buffet. The meeting about that was every Monday at 4pm. Everyone had to wear a tin foil hat.

Speaking of deflection, everyone here is still waiting for you to put forth anything coherent aside from "wall street is evil and greedy" and Karl Rovesque sloganeering ("banksters" etc.). So far you've only managed ad hominems and cop outs...

 

[Juked07]

When a poster consistently lacks coherence, holds a controversial stance, and never actually contributes anything meaningful or correct, there's only one conclusion.. And it rhymes with "roll". I guess we should stop feeding the troll. He can't possibly be serious.

 

[IceBergSLiM]

No it is clear that the goldman sachs and fed jewish conspiracy has been stealing money from middle class and giving it to warren buffet. The meeting about that was every Monday at 4pm. Everyone had to wear a tin foil hat.

Speaking of deflection, everyone here is still waiting for you to put forth anything coherent aside from "wall street is evil and greedy" and Karl Rovesque sloganeering ("banksters" etc.). So far you've only managed ad hominems and cop outs...

ahhh yes the old failsafe......when cornered call them a conspiracy theorist....obvious shill is still obvious. Your play book is olddddddddddddd and welll.......played out.

What do I need to put forth? Why would I get into a circle jerk with obvious bankster shill? You are asking me to spell out something for you that everyone else seems to understand perfectly. Its covered in every major news outlet every day. Its the top story on drudge report right now. So why would I get drawn into a debate with someone that out of touch with reality? Please correct me if I am wrong but, there is nothing I could say, do or prove that would change your indoctrinATED beliefs in even the slightest fashion. nothing.

 

[LegendKiller]

"I sincerely believe that banking establishments are more dangerous than standing armies, and that the principle of spending money to be paid by posterity under the name of funding is but swindling futurity on a large scale."

--Thomas Jefferson to John Taylor, 1816

Said the guy who died bankrupt and massively indebted to banks, friends and businessmen because he lived outside his means his entire life.

While you're at it, why don't you quote some sage financial advice from somebody like Bernie Madoff.

I never understand why people post quote up about finances and TJ. Not only were his personal finances a joke, but he's also a poster child for government fiscal liberalism and expansion of the executive beyond what the Constitution originally intended.

 

[bfdd]

all higher tax rates will do is push more investors offshore. They will set up their trusts and shell corps in some other country like the had been doing for decades prior. They will always find a way to avoid paying. They have teams of lawyers and accountants that spend their days concocting ways to skip out on taxes.

Who cares? Let them go.

 

[halik]

ahhh yes the old failsafe......when cornered call them a conspiracy theorist....obvious shill is still obvious. Your play book is olddddddddddddd and welll.......played out.

What do I need to put forth? Why would I get into a circle jerk with obvious bankster shill? You are asking me to spell out something for you that everyone else seems to understand perfectly. Its covered in every major news outlet every day. Its the top story on drudge report right now. So why would I get drawn into a debate with someone that out of touch with reality? There is nothing I could say, do or prove that would change your indoctrinATED beliefs in even the slightest fashion. nothing.

At this point I'm inclined to think you're just trolling this thread for whatever reason. If you want to discuss whatever policy you think is detrimental to the country, feel free to do so. Otherwise I'm sure there's a bongo circle waiting someplace for ya.

"We were all fucked by wallstreet" to subprime mortgage crisis is what "Terrorists hate us for our freedom" is to militant islam.

 

[Juked07]

ahhh yes the old failsafe......when cornered call them a conspiracy theorist....obvious shill is still obvious. Your play book is olddddddddddddd and welll.......played out.

What do I need to put forth? Why would I get into a circle jerk with obvious bankster shill? You are asking me to spell out something for you that everyone else seems to understand perfectly. Its covered in every major news outlet every day. Its the top story on drudge report right now. So why would I get drawn into a debate with someone that out of touch with reality? Please correct me if I am wrong but, there is nothing I could say, do or prove that would change your indoctrinATED beliefs in even the slightest fashion. nothing.

Rofl rofl rofl rofl. You're right! It's on the news. I can't believe that in the process of trying to think about the actual issues in a rational way, we missed the fact that the highly educated and intellectual media has made statements about the issue. Now I'm convinced.

Troll.

 

[OverVolt]

Your post is retarded. You defend the protesters and then say that the hardest hit are not doing anything about it...

Scanning craigslist and applying for jobs will yield much quicker and immediate life changing results than voting (especially in chicago, where elections are won by 20-40% landslides), writing letters, or voting with their feet as you say.

Haha, okay TallBill I know what you're saying, and your tactics give you the best shot at being a survivor. Your mindset is how to deal with the situation at hand which is fine and there is a time for it, like if you are imminently unemployed, I 100% agree.

In a bigger picture as a generation 20-30 somethings have been exceedingly complacent. Our skills don't really match what is needed in the market which is a huge failing in education. 20-30 somethings in an attempt to have a good career can end up graduating with a house worth of debt, minus the house. Then they try to get a job with the degree and they can find themselves SOL. There are alot of social and economic problems that can't just be taken lying down. Unemployment for 20-30 is alot different of a picture than for unemployment 50-60. Many of the 50-60 year olds worked their way up, which I really wish was possible these days.

 

[Dr. Zaus]

So far you've only managed ad hominems and cop outs...

this.

Why destroy your mindless emotion-driven argumentation when halik is doing it for me?

 

[OverVolt]

The part about capital gains tax and how the rich could simply invest somewhere else is a side effect of globalization. It definitely is playing a hand in the wealth gap problem.

 

[Dr. Zaus]

The part about capital gains tax and how the rich could simply invest somewhere else is a side effect of globalization. It definitely is playing a hand in the wealth gap problem.

Wealth gap is a problem when the gap prevents a livable level of wealth; at which point democracy will re-distribute the wealth and the wealthy will try once-more to gain all the wealth.

It's a good system.

 

[bfdd]

I really am cool with it. I'm a live in the moment kind of guy, although I do have long term financial goals. If my total stock market funds turn into a pile of shit, then we'll all be in a pile of shit and there's nothing that I can do about it so worrying wont do a damn thing to help me.

Every adult in my extended family is either employed or retired. Maybe not all of us are earning our full potential but we do ok. Only one family member is a part of the top 1%.

I go to work, I do my job, I tuck money away, and I play hard. If the entire world collapses financially at least I'll probably have gone dancing the night before.

it's a pretty good way to live huh?