I'm not even really sure, which would be worst? A bunch of intelligent, greedy, war-mongering bureaucrats, or a bunch of 300lbs poverty stricken slobs watching Opera with one hand in a bag of Doritos, and the other hand voting with their Obama-phone? I have to say, I might have to side with the shitty politicians on this one.
Collapse of Middle Class Wealth
- Thread starter jerry55
- Start date
I'm not even really sure, which would be worst? A bunch of intelligent, greedy, war-mongering bureaucrats, or a bunch of 300lbs poverty stricken slobs watching Opera with one hand in a bag of Doritos, and the other hand voting with their Obama-phone? I have to say, I might have to side with the shitty politicians on this one.
I think you're overestimating the intelligence of the general population. That would end badly, and quickly.
Doesn't the story go that those overweight Oprah fans are the ones who decide which intelligent, greedy, war-mongering bureaucrats get into office?
I read an article a few years ago which stated that by Wal-Mart keeping it's prices down, which forced competitors to do the same, it knocked down inflation by 200 basis points, which allowed the fed to keep interest rates lower which helped stimulate the economy.
I'm reading this letter, and I have to say that it's really inspiring.
I had no idea it was possible to be so successful while simultaenously living in ignorance of basic economic principles like supply and demand.
On the other hand, it's possible he's trolling on some level, or maybe he just has a lot of guilt over being successful. If it's the latter, he can always start giving his money away left and right, or join the church of scientology. In either case, he should refrain from ever writing anything again, because it's very likely that his misinformed, poorly expressed ideas are carcinogenic.
I had no idea it was possible to be so successful while simultaenously living in ignorance of basic economic principles like supply and demand.
On the other hand, it's possible he's trolling on some level, or maybe he just has a lot of guilt over being successful. If it's the latter, he can always start giving his money away left and right, or join the church of scientology. In either case, he should refrain from ever writing anything again, because it's very likely that his misinformed, poorly expressed ideas are carcinogenic.
We know that finance/economics isn't your strong suit but the Walton's and the 90 billion you talk about is directly related to the company. Their wealth is tied directly to Wal-mart stock, they are not a liquid 90 billion.
I don't care much for either party. Actually I'm a self hating Rep. Most think they are so smart, yet the corporate welfare is just as bad, if not worse than what the Libs are want. I'm beating a dead horse, but they both suck ass.
I'm reading this letter, and I have to say that it's really inspiring.
I had no idea it was possible to be so successful while simultaenously living in ignorance of basic economic principles like supply and demand.
On the other hand, it's possible he's trolling on some level, or maybe he just has a lot of guilt over being successful. If it's the latter, he can always start giving his money away left and right, or join the church of scientology. In either case, he should refrain from ever writing anything again, because it's very likely that his misinformed, poorly expressed ideas are carcinogenic.
This guy is a self-righteous asshole who doesn't practice what he preaches. I debunked him a while ago on a couple of FB friends' posts when he first put that article up...
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Ahh, the ol' "Henry Ford" crap about wages again. Hasn't this been debunked enough already?
The Story of Henry Ford's $5 a Day Wages: It's Not What You Think - Forbes is one off the top of my head
And as to our good-for-everyone-but-not-me friend Mr. Hanauer...
At this page you can find the 2012 annual filing for his personal charity, the Nick and Leslie Hanauer Foundation: https://citizenaudit.org/261593306/...it.org/2014_01_PF/26-1593306_990PF_201212.pdf
Page 20 will show you that they hold $1.25 million in tax-exempt offshore hedge funds - the Aurora Offshore Fund Ltd II, which here you will see is registered in the Cayman Islands: SEC FORM D/A
So yeah... talking about how the whatever-percent needs to contribute more while stuffing cash in tax-free offshore hedge funds.
This guy is a joke.
It sucks for people marketing to americans as the monies are being moved out of the country (through outsourcing, illegals sending cash back to mexico, the fed moving their stealings into the hands of the international bankers). There's still money to be made by taking your targeting international.
But here's the caveat - Americans (and people worldwide) are getting less productive through crap education, crap food, crap environment (fukushima radiation, chemtrails, cell phone towers etc) and media influenced degeneracy. With the effects of American culture being transported across borders, other countries are negatively effected.
If the USA (and by proxy the world) becomes less productive, everyone's standard of living goes down. You can still make money, but it will buy you less due to the decline in production.
Hey, but you can still slag concerned peeps like the OP, right? Short-term mindsets are inherently parasitic.
But here's the caveat - Americans (and people worldwide) are getting less productive through crap education, crap food, crap environment (fukushima radiation, chemtrails, cell phone towers etc) and media influenced degeneracy. With the effects of American culture being transported across borders, other countries are negatively effected.
If the USA (and by proxy the world) becomes less productive, everyone's standard of living goes down. You can still make money, but it will buy you less due to the decline in production.
Hey, but you can still slag concerned peeps like the OP, right? Short-term mindsets are inherently parasitic.
