How the rich stole our money — and made us think they were doing us a favor

[Matt1970]

Everything he told has happened except that all the jobs went to China, not Mexico. The outsourcing of jobs to China is what has allowed all this to happen. Productivity has gone up 100% and wages have gone nowhere in the last 40 years. It is because businesses have been able to keep wages low because there are always a surplus of workers because so many jobs have gone to China. The only positive thing we have to look forward to is that now that China is the largest economy in the world, the days of cheap labor from them are over. Their economy is already slowing down a lot and that is because it is no longer possible to get the US and EU to absorb more exports. The US and EU just aren't rich enough to increase their buying.

Wait, how did they grow to be the largest in the world yet it's slowing down?

 

[CPA]

#1. Aren't most pensions invested in the stock market?
#2. So owning a home is really the rich screwing you? Where are we supposed to live?
#3. It is the fault of the rich that middle class american's try to live a champagne lifestyle on a beer budget?
#4. This is a complaint? Reducing the costs of goods that allow people to buy more with their money is bad because it eased the pain of an increasingly globalized workforce?

This is a pretty weak and not well thought out opinion piece.

1. Yes
2. in a row house. Every house should look the same, be the same, so no one's feelings are hurt that they don't have something someone else has.
3. Apparently, yes.
4. Apparently.

 

[justrandomguy]

The new revolution. New retirement age 55, 30 hr work week and 25.00 dollar minimum wage, more for physical labor. Labor problem solved. Oh and sell it here, make it here with strong laws against anti competition ; (i.e. intelligent globalization). Why? Simple, since mechanization has replaced labor and labor hasn't benefited and Chinese, Asian labor has taken over menial labor at 1.00 a day for 12 hour days POPULACE? No reasonable. Protectionist? YUP. When gluttons are out to destroy me, I have a right to defend myself.

 

[BoberFett]

The new revolution. New retirement age 55, 30 hr work week and 25.00 dollar minimum wage, more for physical labor. Labor problem solved. Oh and sell it here, make it here with strong laws against anti competition ; (i.e. intelligent globalization). Why? Simple, since mechanization has replaced labor and labor hasn't benefited and Chinese, Asian labor has taken over menial labor at 1.00 a day for 12 hour days POPULACE? No reasonable. Protectionist? YUP. When gluttons are out to destroy me, I have a right to defend myself.

LOL, if that was the way things were run, the lifestyle Americans have become accustomed to would plummet.

I'd like to see your policies put in place just to witness the crying of the average American who, while now making a whopping $25/hr for the pathetic 30hrs/week for 30 years, as they realized they now have to live in tiny houses and drive shitty used cards for at least a decade. No more eTrinkets from China and new cars every 3 years for you, Mr Middleclass!

Americans truly are stupid.

 

[Matt1970]

The new revolution. New retirement age 55, 30 hr work week and 25.00 dollar minimum wage, more for physical labor. Labor problem solved. Oh and sell it here, make it here with strong laws against anti competition ; (i.e. intelligent globalization). Why? Simple, since mechanization has replaced labor and labor hasn't benefited and Chinese, Asian labor has taken over menial labor at 1.00 a day for 12 hour days POPULACE? No reasonable. Protectionist? YUP. When gluttons are out to destroy me, I have a right to defend myself.

Heh, you thinks jobs are leaving fast now....

 

[dmcowen674]

LOL. Sure, the rich stole Dumb McOwned's money.

That's quite a feat, considering you never had any money for anyone to steal. Apparently the rich are magicians.

The warped mind of a busibody leftist dipshit is quite a thing. They really believe money comes from poor people who have no money. Uh huh. It grows on trees too. Oh noes! The rich got to the money orchard before your lazy ass did and they picked it all! What's left for you, little dipshit?

What a waste of a "life" sitting around whining that some rich guy stole "your money" when you never had any to begin with. Anyone who has any money at all is doing good to keep it as far away from ever getting into the greedy, grubby, delusional hands of people like the OP as is humanly possible. My hat is off to *anyone* that keeps their money to the far ends of the globe beyond your reach.

You don't know shit about me.

Look up Hayes Modems

I had over $60,000 of supposed retirement money from my paycheck stolen by filthy rich bastards.

Know Enron? Hayes was first.

So know your facts before spouting bullshit about someone you know nothing about, asshole.

 

[MongGrel]

Nothing that shouldn't have been old news long ago here.

Too many in the US became Corporate Lemmings.

*Move along*

 

[HeXen]

I don't care what the rich do, happiness is from within. Even some rich people aren't happy or have to go on daily shopping sprees or Cocain to make them happy. If you haven't found it by now, well it's never too late but you should probably just turn to whatever drugs you can afford like everyone else who can't find their own happiness.

 

[Gonad the Barbarian]

It's a lot easier to find inner happiness when you can pay your bills.

 

[HeXen]

It's a lot easier to find inner happiness when you can pay your bills.

Apparently not, have you not read the thread? Even as a starving college student with no TV and a broken down car, I was quite happy. Life really isn't that hard, it's like a series of daily puzzles that need solved, use your brain to solve them while you enjoy life itself...even a homeless man should be able to enjoy a nice sunny day, if not then what a waste.

 

[Zaap]

You don't know shit about me.

Look up Hayes Modems

I had over $60,000 of supposed retirement money from my paycheck stolen by filthy rich bastards.

Know Enron? Hayes was first.

So know your facts before spouting bullshit about someone you know nothing about, asshole.

So you made an ultra-stupid investment and it's "the rich" fault?

What kind of bonehead put money they couldn't afford to lose into fucking MODEMS (!!!) when the high speed writing was on the wall even in the 90's? You're like the dumbshit that invested in buggy whips in 1906.

No one stole your money you fuckhead, you made a dumbass investment. Its not the fault of anyone else, not the rich or anyone, its your fault. Stop blaming other people for your bullshit. Everyone who invests has lost money to some degree in a misguided investment here and there, just most people don't put all their eggs in one basket, lose it all and then spend the rest of their lives whining about rich people over it.


I have no sympathy for your ilk, all you ever do is create whining threads about how terrible "the rich" are when its clear that all you're really about is wanting to punish everyone else for succeeding because you haven't. Basically ,fuck off. Like I've said, I applaud anyone who keeps their money out of the hands of ignorant idiots like you. The more idiots like you infest the shores of the US - the more money needs to move beyond your grubby paws offshore. Its virtually a straight up idiot-to-offshore ratio. Until our idiot ratio comes back down to a status worthy of a first world nation again, then so be it.

 

[dmcowen674]

So you made an ultra-stupid investment and it's "the rich" fault?

What kind of bonehead put money they couldn't afford to lose into fucking MODEMS (!!!) when the high speed writing was on the wall even in the 90's? You're like the dumbshit that invested in buggy whips in 1906.

No one stole your money you fuckhead, you made a dumbass investment. Its not the fault of anyone else, not the rich or anyone, its your fault. Stop blaming other people for your bullshit. Everyone who invests has lost money to some degree in a misguided investment here and there, just most people don't put all their eggs in one basket, lose it all and then spend the rest of their lives whining about rich people over it.


I have no sympathy for your ilk, all you ever do is create whining threads about how terrible "the rich" are when its clear that all you're really about is wanting to punish everyone else for succeeding because you haven't. Basically ,fuck off. Like I've said, I applaud anyone who keeps their money out of the hands of ignorant idiots like you. The more idiots like you infest the shores of the US - the more money needs to move beyond your grubby paws offshore. Its virtually a straight up idiot-to-offshore ratio. Until our idiot ratio comes back down to a status worthy of a first world nation again, then so be it.

Again you are talking out of your ass.

I worked there. You can't read. You didn't comprehend the part about taken out of my paycheck?

You were already high on the asshole list here, you just cracked the top 5 and go on my ignore list. Congrats.

 

[Zaap]

If you were giving money to a company "out of your paycheck" or by any other means, expecting a return on it then you were investing it in the company, doofus.

 

[dmcowen674]

Someone explain to the Zaap idiot about how Companies raided the retirement accounts back then until it went all the way up to a huge Company the size of Enron and then the Government stepped in.

Too late for people like me that had my money stolen.