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| Post Number: 21
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grassman 
Group: Members
Posts: 3858
Joined: Mar. 2006
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Posted on: Jun. 05 2014,5:57 am |
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And the part of the greedy slumlord is played by SB! 
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git er done!
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| Post Number: 22
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Self-Banished
Group: Members
Posts: 22535
Joined: Feb. 2006
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Posted on: Jun. 05 2014,6:18 am |
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^^I believe that would be "opportunistic capitalist" 
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Remember boys and girls,
Don’t be a Dick …
Or a “Wayne” 
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| Post Number: 23
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Botto 82
Group: Members
Posts: 6293
Joined: Jan. 2005
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Posted on: Jun. 05 2014,6:30 am |
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When the price of a Big Mac doubles, and wage growth is stagnant, this happens:
QUOTE Federal welfare spending has grown by 32 percent over the past four years, fattened by President Obama’s stimulus spending and swelled by a growing number of Americans whose recession-depleted incomes now qualify them for public assistance, according to numbers released Thursday. Federal spending on more than 80 low-income assistance programs reached $746 billion in 2011, and state spending on those programs brought the total to $1.03 trillion, according to figures from the Congressional Research Service and the Senate Budget Committee. WashTimes Article
That was almost two years ago. Does anyone here imagine that this situation has improved since then?
There is no free market checks-and-balances system when the government steps in and makes up the difference. And since the middle class typically doesn't qualify for such handouts, they bear the brunt of higher prices for everything.
Add to that the soon-ending Fed program of Quantitative Easing, and the interest rate spike that is soon to follow, and it's not exactly a rosy picture. Keep in mind that the Fed almost always either underreacts or overreacts when they try to correct the market.
But then again, nevermind. I forgot that anyone who thinks Obama isn't all over this problem is crazy.  Sorry I blew up. Carry on, nothing to see, here. We now return you to your regularly-scheduled bread and/or circuses...
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Dear future generations: Please accept our apologies. We were rolling drunk on petroleum.
- Kurt Vonnegut
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| Post Number: 24
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Liberal
Group: Moderator
Posts: 11451
Joined: Aug. 2003
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Posted on: Jun. 05 2014,7:11 am |
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So you're speculating that it's worse? You do know about this thing called Google, right?
http://www.usgovernmentspending.com/spendin...g_Chart
As far as interest rates rising it will be a good thing for some of us.
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The people are masters of both Congress and courts, not to overthrow the Constitution, but to overthrow the men who pervert it!
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| Post Number: 25
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| Post Number: 26
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Self-Banished
Group: Members
Posts: 22535
Joined: Feb. 2006
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Posted on: Jun. 05 2014,8:16 am |
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(Botto 82 @ Jun. 05 2014,6:30 am)
QUOTE When the price of a Big Mac doubles, and wage growth is stagnant, this happens: QUOTE Federal welfare spending has grown by 32 percent over the past four years, fattened by President Obama’s stimulus spending and swelled by a growing number of Americans whose recession-depleted incomes now qualify them for public assistance, according to numbers released Thursday. Federal spending on more than 80 low-income assistance programs reached $746 billion in 2011, and state spending on those programs brought the total to $1.03 trillion, according to figures from the Congressional Research Service and the Senate Budget Committee. WashTimes ArticleThat was almost two years ago. Does anyone here imagine that this situation has improved since then? There is no free market checks-and-balances system when the government steps in and makes up the difference. And since the middle class typically doesn't qualify for such handouts, they bear the brunt of higher prices for everything. Add to that the soon-ending Fed program of Quantitative Easing, and the interest rate spike that is soon to follow, and it's not exactly a rosy picture. Keep in mind that the Fed almost always either underreacts or overreacts when they try to correct the market. But then again, nevermind. I forgot that anyone who thinks Obama isn't all over this problem is crazy. Sorry I blew up. Carry on, nothing to see, here. We now return you to your regularly-scheduled bread and/or circuses...
Don't apologize, you're spot on.
Just wait for the EPA to unleash their wrath, the middle class shall surely suffer. 
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Remember boys and girls,
Don’t be a Dick …
Or a “Wayne”
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| Post Number: 27
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| Post Number: 28
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| Post Number: 29
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grassman
Group: Members
Posts: 3858
Joined: Mar. 2006
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Posted on: Jun. 06 2014,6:33 am |
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(Common Citizen @ Jun. 06 2014,12:02 am)
QUOTE
(grassman @ Jun. 04 2014,6:30 am)
QUOTE Doesn't Wallstreet dictate what we will pay for gas? That's ok though right? I would say outside forces are at work in just about everything that effects us. Where on wall street does this happen? My Webpage
That's what wallstreet is, people making money off nothing. The price of gas would go down huge if every time someone bought the stock, a truck showed up up and asked where to put their product.
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git er done!
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| Post Number: 30
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Glad I Left
Group: Members
Posts: 2302
Joined: Aug. 2005
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Posted on: Jun. 06 2014,8:09 am |
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(grassman @ Jun. 06 2014,6:33 am)
QUOTE
(Common Citizen @ Jun. 06 2014,12:02 am)
QUOTE
(grassman @ Jun. 04 2014,6:30 am)
QUOTE Doesn't Wallstreet dictate what we will pay for gas? That's ok though right? I would say outside forces are at work in just about everything that effects us. Where on wall street does this happen? My WebpageThat's what wallstreet is, people making money off nothing. The price of gas would go down huge if every time someone bought the stock, a truck showed up up and asked where to put their product.
I think you are confusing buying stock with speculating.
I know Bill O'Reilly was a proponent for speculators having to take ownership of something like 30% of what ever they buy, instead of just paper ownership. They needed to take physical inventory.
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After we screw up health care reform, let's take on the initiative of unscrewing the education system (gov't education)
Tacitus: (c. 56 AD-c. 117) "The more corrupt the state, the more it legislates."
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