And the rich get richer

[popsjumper 2]

Quote

Quote

"What can I do to improve MY situation without harming the situation of others?"

If you, personally, are creating wealth, that's a valid question. If, on the other hand, you're moving it around, or you're in charge of others' raises (e.g. CEO), then your own raise is, in fact, at the expense of others.

Wendy P.

Are you talking absolutes?

Every company-generated raise is at the expense of others. If YOU are getting it, somebody else isn't. YOUR $10 raise could have been spread amongst others.

If so, I'll rephrase for you...
"What can I do to improve MY situation while doing minimum harm to the situation of others?"

My reality and yours are quite different.
I think we're all Bozos on this bus.
Falcon5232, SCS8170, SCSA353, POPS9398, DS239

[popsjumper 2]

Quote

Quote

You're going to have to show me where I said that.

You're right, it wasn't you, it was popsjumper. My apologies.

Well, DanG, you blew it again. Do I get an apology too?

My reality and yours are quite different.
I think we're all Bozos on this bus.
Falcon5232, SCS8170, SCSA353, POPS9398, DS239

[DanG 1]

Sure. Sorry.

I'll redirect the question to you: are you lazier than Kallend, or do you have more stuff than him? It's either one or the other, no other options.

- Dan G

[wmw999 2,586]

It's not about absolutes. I don't think that anyone denies that some people are paid higher than others, and that sometimes that distribution is fair, and sometimes it isn't.

It's pretty rapacious, however, to have company executives get massive bonuses when line employees are getting 1% raises (which doesn't cover inflation). There isn't a hard-and-fast line, just as there isn't for many things. But we know it when we see it (and yes, "it" and the perception can both change -- they're partly relative, not absolute)

Wendy P.

There is nothing more dangerous than breaking a basic safety rule and getting away with it. It removes fear of the consequences and builds false confidence. (tbrown)

[airdvr 210]

Quote

Quote

You're going to have to show me where I said that.

You're right, it wasn't you, it was popsjumper. My apologies.

WTF? He's much older than me.

Please don't dent the planet.

Destinations by Roxanne

[mistercwood 287]

Quote

Quote

Quote

You're going to have to show me where I said that.

You're right, it wasn't you, it was popsjumper. My apologies.

WTF? He's much older than me.

"Experienced"... take it as a compliment!

You are playing chicken with a planet - you can't dodge and planets don't blink. Act accordingly.

[popsjumper 2]

Quote

Sure. Sorry.

I'll redirect the question to you: are you lazier than Kallend, or do you have more stuff than him? It's either one or the other, no other options.

I'm sure I'm lazier than John. No question. It's much less work being moderate as opposed to irrationally radical.

My reality and yours are quite different.
I think we're all Bozos on this bus.
Falcon5232, SCS8170, SCSA353, POPS9398, DS239

[popsjumper 2]

Quote

Quote

Quote

You're going to have to show me where I said that.

You're right, it wasn't you, it was popsjumper. My apologies.

WTF? He's much older than me.

...and much more handsome, too!

My reality and yours are quite different.
I think we're all Bozos on this bus.
Falcon5232, SCS8170, SCSA353, POPS9398, DS239

[popsjumper 2]

Quote

... sometimes that distribution is fair, and sometimes it isn't.

Well, that seems to be the crux of the whole matter. Fair? What's that? Not the same to one as it is to others. So, we banter.

"It's not 'fair' if you have it and I don't."

This whole recent business about 'fair' probably got its foothold from the parents who wouldn't keep score.

My reality and yours are quite different.
I think we're all Bozos on this bus.
Falcon5232, SCS8170, SCSA353, POPS9398, DS239

[ChrisD 0]

Quote

Quote

Part of getting there is learning to delay gratification and invest wisely.

ooooh - I need to learn this. RIGHT NOW

Invest wisley???? WTF??? Unless your a martha (u) Stewart who had serious help, as most of those wall street assholes do,...

We have been brought up with the idea that if we invest (x) dollars every month, (or whatever story these scam artists spuew out of their pie holes)

Anyways the promisse of compound interest didn't pan out for millions of investors, etc!!! Millions over the last 30 years have actually lost money by their individual retierment accounts, savings accounts etc, ( as compared with inflation) This is the biggist scam of or in world history! Ya so go put your hard earned cash into the bank, CAN ANYONE SAY THANK YOU MAY I HAVE ANOTHER AS WE ALL TAKE IT UP THE ASS!!!!

When I was a kid, back in the 60s', that's 1860s' your you youngsters out there,...BANK SAVINGS ACCOUNTS WERE 8 to 11 percent, depending on the type of account!!!!

In the fucking age of Aquarious, the 60 -70s' savings accounts started droping to the 8 -7 percent!!

By the time the fucking freewhelling Woodstock assholes realized they could screw millions by increasing costs and reducing savings accounts rates to the low 5 -6 percent and the introduction of fee's,...


And what is a kids savings account percentage today???

.95 percent and if your lucky yuou might find some kind of 1.5 cash percent if you maintain a 1000.00 average yearly balance,...


So thank you big buisness and Regan the biggist ass reamers in the modern world!!!

But what do I know, "I only have one tandem jump."

[kallend 2,146]

Quote

Quote

... sometimes that distribution is fair, and sometimes it isn't.

Well, that seems to be the crux of the whole matter. Fair? What's that? Not the same to one as it is to others. So, we banter.

"It's not 'fair' if you have it and I don't."

This whole recent business about 'fair' probably got its foothold from the parents who wouldn't keep score.

At the very least, "fair" should involve tax rates at a given income level being the same regardless of source of the $$$. Not one special low rate reserved for the likes of Romney, while middle class workers pay at a higher rate.

...

The only sure way to survive a canopy collision is not to have one.

[kelpdiver 2]

banks accounts paid 7 or 8 % in the 70s because inflation was double digit and interest rates were very high. They pay squat now because the Feds have the interest rates at near zero.

In virtually any time, the return on liquid savings accounts at best matches inflation, usually trails it.

[ChrisD 0]

Quote

banks accounts paid 7 or 8 % in the 70s because inflation was double digit and interest rates were very high. They pay squat now because the Feds have the interest rates at near zero.

In virtually any time, the return on liquid savings accounts at best matches inflation, usually trails it.

Don't blame the fed for unmitigated greed!

"It is now twenty-five years since the Reagan Administration eviscerated America's century-long tradition of antitrust enforcement. For a generation, big firms have enjoyed almost complete license to use brute economic force to grow only bigger. And so today we find ourselves in a world dominated by immense global oligopolies that every day further limit the flexibility of our economy and our personal freedom within it. There are still many instances of intense competition -- just ask General Motors. "

The "Banks" were given an unlimited amount of power to do what ever they want. Every "Blue Sky" Law passed to prevent outright deception to protect the unwitting victim from criminal acts were repealed in the 80s' using this type of logic!!!

What was a crime in the 20 - 30s' is now consideered deregulation ,...so that our economey can get "started" ???

But what do I know, "I only have one tandem jump."

[kelpdiver 2]

I think you need a good aged Gouda right now. The Prima Donna is an excellent choice.

[weekender 0]

Quote

Quote

banks accounts paid 7 or 8 % in the 70s because inflation was double digit and interest rates were very high. They pay squat now because the Feds have the interest rates at near zero.

In virtually any time, the return on liquid savings accounts at best matches inflation, usually trails it.

Don't blame the fed for unmitigated greed!

"It is now twenty-five years since the Reagan Administration eviscerated America's century-long tradition of antitrust enforcement. For a generation, big firms have enjoyed almost complete license to use brute economic force to grow only bigger. And so today we find ourselves in a world dominated by immense global oligopolies that every day further limit the flexibility of our economy and our personal freedom within it. There are still many instances of intense competition -- just ask General Motors. "

The "Banks" were given an unlimited amount of power to do what ever they want. Every "Blue Sky" Law passed to prevent outright deception to protect the unwitting victim from criminal acts were repealed in the 80s' using this type of logic!!!

What was a crime in the 20 - 30s' is now consideered deregulation ,...so that our economey can get "started" ???

you should google "discount rate." it would help you understand how interest rates are set in this country and the world. You are not even close by blaming business and Reagan.

Please name one "blue sky" law passed or repealed in the 80's that made it easier for banks to commit fraud. i am always looking for ways to deceive unwitting people.

i would suggest why you have google open, check out "Blue Sky." they are state securities laws that regulate securities. they do not, nor have ever regulated banks. you are very angry about a topic you do not seem to understand. perhaps you would be less angry if you understood it.

"The point is, I'm weird, but I never felt weird."
John Frusciante

[kelpdiver 2]

Quote

you are very angry about a topic you do not seem to understand. perhaps you would be less angry if you understood it.

want to give me an option on that?

[weekender 0]

didnt you just make a post in another thread that read, "THE LESS YOU KNOW, THE STRONGER YOUR OPINIONS ARE,..."

i would also like you to google, "irony" while your doing your research on blue skies and discount rates.

"The point is, I'm weird, but I never felt weird."
John Frusciante

[champu 1]

Quote

Anyways the promisse of compound interest didn't pan out for millions of investors, etc!!! Millions over the last 30 years have actually lost money by their individual retierment accounts, savings accounts etc, ( as compared with inflation) This is the biggist scam of or in world history! Ya so go put your hard earned cash into the bank, CAN ANYONE SAY THANK YOU MAY I HAVE ANOTHER AS WE ALL TAKE IT UP THE ASS!!!!

1) Nobody makes money by putting it into a savings account.

2) Losing money over 30 years in an IRA can be done, but it would take active, foolish management of the account to pull off.

[rushmc 23]

http://washingtonexaminer.com/shock-poll-wealthy-not-middle-class-support-obama/article/2528621

"America will never be destroyed from the outside,
if we falter and lose our freedoms,
it will be because we destroyed ourselves."
Abraham Lincoln

[TheBachelor 5]

Quote

banks accounts paid 7 or 8 % in the 70s because inflation was double digit and interest rates were very high. They pay squat now because the Feds have the interest rates at near zero.

In virtually any time, the return on liquid savings accounts at best matches inflation, usually trails it.

Exactly. Those moaning about low savings account rates now need to remember that when savings rates were 7%+, mortgage rates were 10%+. If the banks controlled everything like some like to think, then why are mortgage rates in the 3% range? The Fed.

And if you want to complain about the Republicans, then ask yourself why the current president has artificially pushed rates down with several rounds of "Quantitative Easing?"

There are battered women? I've been eating 'em plain all of these years...

[kelpdiver 2]

on the positive side, pushing jumbo mortgage rates below 4%, coupled with some lingering fears, allowed me to buy a home in San Francisco, which may never have been possible at traditional 6-8% rates. Since that money wasn't making much anyway, putting it into real estate becomes sound diversification.

[kallend 2,146]

Quote

http://washingtonexaminer.com/shock-poll-wealthy-not-middle-class-support-obama/article/2528621

www.marketwatch.com/story/capitalism-is-killing-our-morals-our-future-2013-04-27?pagenumber=1

...

The only sure way to survive a canopy collision is not to have one.

[popsjumper 2]

Quote

At the very least, "fair" should involve tax rates at a given income level being the same regardless of source of the $$$.

Would that also include $$$ currently earned on a tax-free basis?

- inheritance
- DCMA Defense Civilian Medical Associates positions
- some overseas jobs say, for certain military-related services rendered.

My reality and yours are quite different.
I think we're all Bozos on this bus.
Falcon5232, SCS8170, SCSA353, POPS9398, DS239

[brenthutch 444]

Quote

>Waaaaaaa! I don't have it and I'm pissed 'cause you do. Waaaaaa!!!!!

Waaa! I have way more than you and I STILL need more more more! I want to tax the poor and cut my taxes to make things "fair" so they have skin in the game, and so that gap between us keeps growing. Can't have those - you know - ghetto welfare people anywhere near me.

But not taxes on anything I want, like guns and cigarettes; just hammer the poor without affecting me.

Or solar panels and hybrids.

[rickjump1 0]

Quote

on the positive side, pushing jumbo mortgage rates below 4%, coupled with some lingering fears, allowed me to buy a home in San Francisco, which may never have been possible at traditional 6-8% rates. Since that money wasn't making much anyway, putting it into real estate becomes sound diversification.

Make sure you do double check on the neighborhood. Some of the section 8 housing inhabitants have ruined some nice neighborhoods.

Do your part for global warming: ban beans and hold all popcorn farts.