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post #21 of 47 (permalink) Old 11-20-2008, 03:25 PM
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People, soon most of us will be poor! Let see how history unfolds once you have nothing to show for after all of your productive years; let's see what will become of our society, culture and way of life. How will we be looking at the rich that made sure that they got richer by erasing the middle class? Will there be a revolution or will we all roll over and die in servitude hoping for a trickle down economy to feed us?
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post #22 of 47 (permalink) Old 11-20-2008, 03:25 PM
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MISANTHROPES LOVE TYPING IN ALL-CAPS!
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post #23 of 47 (permalink) Old 11-20-2008, 03:32 PM
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MISANTHROPES LOVE TYPING IN ALL-CAPS!
We can tell...

I went to college. I got a good job. I save and invest my money wisely. I have much to show for my effort. The bottomfeeders of society deserve what they get!
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post #24 of 47 (permalink) Old 11-20-2008, 03:34 PM
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Do you suppose this is a problem of mayors, or national policy of allowing corporations to offshore while enjoying their tax breaks?

Or an overly high tax on the middle class who spend the most?

Most of these cities are falling over each other to allow big business NO LOCAL TAXES. Happens here all the time.

It is time to try another approach - give those in the middle class the balance of the 5% tax breaks given to the top tax payers.

In 2003 they got 5%, and the rest 1% or so. The burden shifted to the middle class.

Hmm, I wonder if people my feel a bit more confident if given some extra cash?

And again, I am a full proponent of a MASSIVE 33% tax cut for all the middle class for 1 to 2 years.

Why? Because will are headed straight into a depression.
Odd that America's 500+ billionaires have been silent and AWOL since this financial crisis began. The same ones who were made obscenely rich by this system can't bother to step up and contribute a penny toward a solution.

Warren Buffett is the only exception I can think of..
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post #25 of 47 (permalink) Old 11-20-2008, 03:45 PM
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Yeah where is Exxon? You know like trying to save the Big Three that made it what it is, but noooooo, let the taxpayers take care of this problem
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post #26 of 47 (permalink) Old 11-20-2008, 04:27 PM Thread Starter
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The interesting part of the original post is that it doesn't take into account the statistics or politics of the encompassed metropolitan area, just the city proper, nor does it take into account the politics of the Governor who has just as much, or more to do with an area's underlying poverty as a mayor does.

The only thing it tells us is that there is a concentration of poverty in urban areas. D'uh.
Always trying to kover for the kookbergers aren't you bear? If we take the governors of those states into account I think you will see it makes the point even stronger. Hell, even if you look at the SMAs I think you will see an incredibly positive correlation between democRAT rule and poverty. You guys are creating poverty and poor people think you are "helping" them--an incredibly sad state of affairs IMO!

Don't believe everything you think
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post #27 of 47 (permalink) Old 11-20-2008, 04:34 PM Thread Starter
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Odd that America's 500+ billionaires have been silent and AWOL since this financial crisis began. The same ones who were made obscenely rich by this system can't bother to step up and contribute a penny toward a solution.

Warren Buffett is the only exception I can think of..
Buffet Loses Big, How Buy and Hold Loses | TheStockTalk.net

Don't believe everything you think
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post #28 of 47 (permalink) Old 11-20-2008, 04:35 PM
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Yeah, but I'd rather have him re post 'this one' than the stupid ass 'boss memo' thread, the part of my life which I spent reading today, I shall never get back.

At least this one has a good Lincoln quote in it.

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"...pour out of one vessel into another; and as those old Romans robbed all the cities in the world, we skim the cream of other men's wits, pick the choice flowers of their tilled gardens to set our own sterile plots."
-a Richard Burton
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post #29 of 47 (permalink) Old 11-20-2008, 08:21 PM
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Originally Posted by Jayhawk View Post
Always trying to kover for the kookbergers aren't you bear? If we take the governors of those states into account I think you will see it makes the point even stronger. Hell, even if you look at the SMAs I think you will see an incredibly positive correlation between democRAT rule and poverty. You guys are creating poverty and poor people think you are "helping" them--an incredibly sad state of affairs IMO!
Well, if you do a search on the LAST time this little table was posted up you will see I did some research and I think you will find the dataset disproves you thought up there.

EDIT: I just noticed that GermanStar linked it a couple of posts above.

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Being smart is knowing the difference, in a sticky situation between a well delivered anecdote and a well delivered antidote - bear.
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post #30 of 47 (permalink) Old 11-20-2008, 08:23 PM
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Yeah, but I'd rather have him re post 'this one' than the stupid ass 'boss memo' thread, the part of my life which I spent reading today, I shall never get back.

At least this one has a good Lincoln quote in it.
I would say consider the source, but the reverence of your sig says it all...

"If spending money you don't have is the height of stupidity, borrowing money to give it away is the height of insanity." -- anon
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