Anler Posted December 21, 2018 Share Posted December 21, 2018 https://www.theguardian.com/business/2018/apr/07/global-inequality-tipping-point-2030 Quote Link to comment Share on other sites More sharing options...
Snoslinger Posted December 21, 2018 Share Posted December 21, 2018 a few more tax breaks and it’ll start flowing down. Patience. Quote Link to comment Share on other sites More sharing options...
Platinum Contributing Member Highmark Posted December 21, 2018 Platinum Contributing Member Share Posted December 21, 2018 (edited) 1 hour ago, Anler said: https://www.theguardian.com/business/2018/apr/07/global-inequality-tipping-point-2030 Like you're not in the top 1%. Since 2008, the wealth of the richest 1% has been growing at an average of 6% a year – Thanks Obama Edited December 21, 2018 by Highmark Quote Link to comment Share on other sites More sharing options...
Platinum Contributing Member steve from amherst Posted December 21, 2018 Platinum Contributing Member Share Posted December 21, 2018 Keep buying shit from Amazon , Bazos aint rich enough yet. Quote Link to comment Share on other sites More sharing options...
Platinum Contributing Member SnowRider Posted December 21, 2018 Platinum Contributing Member Share Posted December 21, 2018 Keep supporting tax cuts for the rich at the expense of the masses....typical repug mentality...... Quote Link to comment Share on other sites More sharing options...
racer254 Posted December 21, 2018 Share Posted December 21, 2018 (edited) 22 minutes ago, steve from amherst said: Keep buying shit from Amazon , Bazos aint rich enough yet. LOL. That really must sting some of these fucks. Remember, they are so intellectually elite and socially inept that they have to shop online. No one wants to see them in public. Edited December 21, 2018 by racer254 Quote Link to comment Share on other sites More sharing options...
Anler Posted December 21, 2018 Author Share Posted December 21, 2018 1 hour ago, Highmark said: Like you're not in the top 1%. Since 2008, the wealth of the richest 1% has been growing at an average of 6% a year – Thanks Obama Guess who was still president in 2008? Quote Link to comment Share on other sites More sharing options...
Platinum Contributing Member Highmark Posted December 21, 2018 Platinum Contributing Member Share Posted December 21, 2018 3 minutes ago, Anler said: Guess who was still president in 2008? That's my point. Top 1% did better under Obama policies. Quote Link to comment Share on other sites More sharing options...
Anler Posted December 21, 2018 Author Share Posted December 21, 2018 Just now, Highmark said: That's my point. Top 1% did better under Obama policies. Everyone did. Quote Link to comment Share on other sites More sharing options...
Platinum Contributing Member Highmark Posted December 21, 2018 Platinum Contributing Member Share Posted December 21, 2018 Just now, Anler said: Everyone did. Trillions in QE and low interest rates were actually the cause more than anything the D's or R's did. Quote Link to comment Share on other sites More sharing options...
Anler Posted December 21, 2018 Author Share Posted December 21, 2018 1 minute ago, Highmark said: Trillions in QE and low interest rates were actually the cause more than anything the D's or R's did. I made a lot of money under Obama. So did most of my friends and relatives. All the while bitching about Obama and making the most money of their lifetimes. Quote Link to comment Share on other sites More sharing options...
Zambroski Posted December 21, 2018 Share Posted December 21, 2018 5 minutes ago, Anler said: I made a lot of money under Obama. So did most of my friends and relatives. All the while bitching about Obama and making the most money of their lifetimes. “Thanks Bush.” Quote Link to comment Share on other sites More sharing options...
Anler Posted December 21, 2018 Author Share Posted December 21, 2018 2 minutes ago, Zambroski said: “Thanks Bush.” Yeah right. Did anybody lose more money in their whole life than under dubya? 1 Quote Link to comment Share on other sites More sharing options...
Zambroski Posted December 21, 2018 Share Posted December 21, 2018 6 minutes ago, Anler said: Yeah right. Did anybody lose more money in their whole life than under dubya? Exactly. I think you “got it”. Quote Link to comment Share on other sites More sharing options...
Platinum Contributing Member Highmark Posted December 21, 2018 Platinum Contributing Member Share Posted December 21, 2018 9 minutes ago, Anler said: I made a lot of money under Obama. So did most of my friends and relatives. All the while bitching about Obama and making the most money of their lifetimes. I did average to slightly above average business wise but good with investments. You are still missing the point and need to look at the impacts of QE from 2008-2015. The fed purchased around $4.5 trillion in treasuries and MBS's from private investors, pensions, corps, banks etc..... This took $4 trillion out of safe investments (except MBS's) of which found their way into equities (stock market), real estate you name it. Everything but govt securities. Other side effects of QE include lowering interest rates and income inequality because generally the upper end make money from money more than the middle class. Reality is the Fed has as much or more power over the economy than the POTUS or Congress. Quote Link to comment Share on other sites More sharing options...
Platinum Contributing Member Highmark Posted December 21, 2018 Platinum Contributing Member Share Posted December 21, 2018 14 minutes ago, Anler said: Yeah right. Did anybody lose more money in their whole life than under dubya? I didn't loose shit under W. My business did extremely well and I pulled virtually everything from the markets prior to the crisis. Quote Link to comment Share on other sites More sharing options...
Snoslinger Posted December 21, 2018 Share Posted December 21, 2018 hmmm, i thought obama was an anti-capitalist, anti-business, socialist wanting to spread around the wealth? Quote Link to comment Share on other sites More sharing options...
xtralettucetomatoe580 Posted December 21, 2018 Share Posted December 21, 2018 1 hour ago, racer254 said: LOL. That really must sting some of these fucks. Remember, they are so intellectually elite and socially inept that they have to shop online. No one wants to see them in public. Holy fuck your are stupid. So, if you use a amazon, it’s becuase you’re socially inept? Quote Link to comment Share on other sites More sharing options...
racer254 Posted December 21, 2018 Share Posted December 21, 2018 (edited) 10 minutes ago, xtralettucetomatoe580 said: Holy fuck your are stupid. So, if you use a amazon, it’s becuase you’re socially inept? Don't take it personally. I just find it interesting the double standard of how people on this forum think and act. Walmart = bad, Amazon = good, type hypocrisy. Edited December 21, 2018 by racer254 Quote Link to comment Share on other sites More sharing options...
xtralettucetomatoe580 Posted December 21, 2018 Share Posted December 21, 2018 5 minutes ago, racer254 said: Don't take it personally. I just find it interesting the double standard of how people on this forum think and act. Walmart = bad, Amazon = good, type hypocrisy. Derp. Quote Link to comment Share on other sites More sharing options...
racer254 Posted December 21, 2018 Share Posted December 21, 2018 Just now, xtralettucetomatoe580 said: Derp. LOL. Hard for you to understand? Quote Link to comment Share on other sites More sharing options...
xtralettucetomatoe580 Posted December 21, 2018 Share Posted December 21, 2018 Just now, racer254 said: LOL. Hard for you to understand? Good one... Lol, I love how the dumbest usually get the biggest kicks out of their own failed attempts at humor. Quote Link to comment Share on other sites More sharing options...
ActionfigureJoe Posted December 21, 2018 Share Posted December 21, 2018 3 hours ago, Anler said: https://www.theguardian.com/business/2018/apr/07/global-inequality-tipping-point-2030 Other people’s money is none of your business Quote Link to comment Share on other sites More sharing options...
snoughnut Posted December 21, 2018 Share Posted December 21, 2018 1 minute ago, ActionfigureJoe said: Other people’s money is none of your business Make sure you send that advice to Tony Evers. Quote Link to comment Share on other sites More sharing options...
Anler Posted December 21, 2018 Author Share Posted December 21, 2018 2 hours ago, Highmark said: I didn't loose shit under W. My business did extremely well and I pulled virtually everything from the markets prior to the crisis. Hey lucky you. Theres another couple billion people around the world who werent as fortunate. But lets blame Obama anyway! Quote Link to comment Share on other sites More sharing options...
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