Getbig.com: American Bodybuilding, Fitness and Figure

Getbig Main Boards => Politics and Political Issues Board => Topic started by: blacken700 on October 06, 2011, 05:58:45 AM

Title: If Top 1% Hadn't Ripped Off Trillions
Post by: blacken700 on October 06, 2011, 05:58:45 AM
The corporate media appear to be obsessed with the idea that the Occupy Wall Street movement doesn't have a cohesive message. Of course, that misses the point: as Nathan Schneider wrote in Yes! magazine, “More than demanding any particular policy proposal, the occupation is reminding Wall Street what real democracy looks like: a discussion among people, not a contest of money.”

And despite the handwringing about the movement's supposed lack of focus, it does have a simple-to-understand message that fits neatly on a bumpersticker: "We Are the Other 99 Percent."

Contained in that simple message is an implied demand, whether or not people recognize it: undoing several decades of increasing inequality in this country.

Economists Thomas Picketty and Emanuel Saez sliced and diced America's income going all the way back to 1913, and their results tell us exactly what the Occupy Wall Street movement is about, at least in broad terms.

Choose a year from some fondly remembered past when the American economy generated broadly shared prosperity. How about 1947? That year, the top 1 percent of U.S. households grabbed a bit less than 12 percent of the nation's pre-tax income, and the other 99 percent shared around 88 percent of the take. It wasn't a perfect time, but it was an era when a large middle-class was emerging.

Or maybe you think 1967 was a great time to be an American worker. That year, the top 1 percent grabbed 10.7 percent of the pile, and the other 99 percent divvied up around 89 percent of our income.

Between 1949 and 1979, those at the top never took in more than 12.8 percent of the total. When Ronald Reagan was elected in 1980, they grabbed 10 percent of our economic output, and the rest of us shared 90 percent. And that's when things started to shift, relatively rapidly. In Reagan's final year in office, the top 1 percent of American households grabbed 15.5 percent of the nation's income.

By the time George W. Bush was elected, they were taking in 21.5 percent. And in 2007, the year before the crash, they were pulling in 23.5 percent of our pre-tax income, leaving the other 99 percent to share just 76.5 percent of the fruits of our output.

According to Paul Buchheit, a professor with City Colleges of Chicago and founder of fightingpoverty.org, “if middle- and upper-middle-class families had maintained the same share of American productivity that they held in 1980, they would be making an average of $12,500 more per year.” The size of our economy, he wrote, “has quintupled since 1980, and we all contributed to that success. But our contributions have earned us nothing. While total income has also quintupled, percentage-wise almost all the gains went to the richest 1 percent.” This upward redistribution of wealth “translates into a trillion extra dollars of income every year for the richest 1 percent.”

There are two things that are vitally important to understand about this. First, those at the top of the ladder aren't any more virtuous, intelligent or hardworking than they were 30 years ago, and this didn't happen by accident. Some part of it may well have resulted from technological innovations, but the lion's share of that shift resulted from specific policy changes that the corporate Right fought hard to enact.

It resulted from the emergence of international trade deals that facilitated offshoring much of our manufacturing base, changes in labor laws and enforcement that cut the unionized share of the American workforce in half, and a shift in priorities at the Federal Reserve that led it to concentrate far more on keeping inflation in check than keeping working America employed.

As a whole, the United States remains a prosperous country, but the economy isn't working for people who make most of their income by working – the share of the nation's income going to wages hit an all-time low last year, while the share going to corporate profits was at an all-time high.

The other crucially important point is that this isn't just about fairness, and those of us who talk about this massive redistribution of wealth aren't just “sore losers,” as conservatives often contend. There's a practical issue here: the economy simply doesn't function well when working America is taking home less than half of our national income in wages.

About two-thirds of our economy is driven by consumer spending, and studies have shown that unlike ordinary people, when the very wealthy get a tax break, they don't spend more money as a result. They bank it. The other 99 percent are consumers, but having seen their incomes stagnate for three decades, they're tapped out, up to their eyeballs in debt and unable to maintain the demand that the economy requires to keep people working.

Lack of demand, rather than some nebulous sense of “uncertainty” on the part of business leaders, is our core problem, so when the top 1 percent double their share of the take, they are, as I wrote back in July, simply killing American jobs.

Obviously, understanding this doesn't lead to a manifesto or a polished 10-point plan. But this staggering redistribution of wealth is reversible, and the Occupy Wall Street movement is beginning a national conversation on inequality that has been sorely lacking in our discourse. As Nathan Schneider noted, that conversation is taking shape “offline, in a physical, public space, live and in person.” That, he writes, is “where the occupiers are assembling the rudiments of a movement.”

http://www.alternet.org/story/152621/if_top_1_hadn%27t_ripped_off_trillions%2C_you%27d_likely_be_making_thousands_of_dollars_more_right_now?akid=7668.28683.3R7FHV&rd=1&t=5
Title: Re: If Top 1% Hadn't Ripped Off Trillions
Post by: whork25 on October 06, 2011, 06:07:05 AM
Doesnt matter apparently going against Wall Street and the people who fuck us in the ass on a daily basis is socialism these days
Title: Re: If Top 1% Hadn't Ripped Off Trillions
Post by: blacken700 on October 06, 2011, 06:14:15 AM
taking a shit and using toilet paper on this site is socialism  ;D
Title: Re: If Top 1% Hadn't Ripped Off Trillions
Post by: tonymctones on October 06, 2011, 06:16:48 AM
what right does anybody have to claim the money the top 1% has?
Title: Re: If Top 1% Hadn't Ripped Off Trillions
Post by: Soul Crusher on October 06, 2011, 06:22:24 AM
How did you get ripped off blackass? 
Title: Re: If Top 1% Hadn't Ripped Off Trillions
Post by: whork25 on October 06, 2011, 06:23:28 AM
what right does anybody have to claim the money the top 1% has?

What right do the top 1% have to make billions while destroying America?
Title: Re: If Top 1% Hadn't Ripped Off Trillions
Post by: whork25 on October 06, 2011, 06:24:25 AM
How did you get ripped off blackass? 

700 bill bailouts

Listening to you complaining about the economy everyday
Title: Re: If Top 1% Hadn't Ripped Off Trillions
Post by: whork25 on October 06, 2011, 06:25:21 AM
Sorry not for me that one
Title: Re: If Top 1% Hadn't Ripped Off Trillions
Post by: blacken700 on October 06, 2011, 06:27:40 AM
these guys are so fu#king dumb sticking up for these greedy fu#ks while they living in their dirty apartments  :D
Title: Re: If Top 1% Hadn't Ripped Off Trillions
Post by: Soul Crusher on October 06, 2011, 06:30:08 AM
700 bill bailouts

Listening to you complaining about the economy everyday

Oh fucking please.   The financial sector got a bailout.  The economy is more than just that. 

Again - how did you get ripped off? 
Title: Re: If Top 1% Hadn't Ripped Off Trillions
Post by: Soul Crusher on October 06, 2011, 06:30:45 AM
these guys are so fu#king dumb sticking up for these greedy fu#ks while they living in their dirty apartments  :D

Show me where and why you have the right to someones' income. 
Title: Re: If Top 1% Hadn't Ripped Off Trillions
Post by: whork25 on October 06, 2011, 06:33:37 AM
Oh fucking please.   The financial sector got a bailout.  The economy is more than just that. 

Again - how did you get ripped off? 

Im a taxpayer its my money they use to bailout people who is loaded
Title: Re: If Top 1% Hadn't Ripped Off Trillions
Post by: blacken700 on October 06, 2011, 06:34:12 AM
Show me where and why you have the right to someones' income. 

thats right you just keep repeating the talking points of right wing radio. they are playing you like a cheap banjo  :D
Title: Re: If Top 1% Hadn't Ripped Off Trillions
Post by: whork25 on October 06, 2011, 06:35:22 AM
Oh fucking please.   The financial sector got a bailout.  The economy is more than just that. 

Again - how did you get ripped off? 

You are on Obamas ass all the time not that i disagree but at the same time you kiss Wall Streets ass

Its like hating the mafia hitman but loving the Godfather who gives the orders. Wake the fuck up
Title: Re: If Top 1% Hadn't Ripped Off Trillions
Post by: Soul Crusher on October 06, 2011, 06:37:25 AM
Im a taxpayer its my money they use to bailout people who is loaded

And?  Why do you greedy pigs demand more income from doctors, small business owners, etc?

Tell me what the govt is going to do with the money? 

You left wing fools are greedy pigs, greedier than the wall street people in fact.     

Title: Re: If Top 1% Hadn't Ripped Off Trillions
Post by: blacken700 on October 06, 2011, 06:39:57 AM
more talk radio thinking,333386 lets talk radio do his thinking for him :D
Title: Re: If Top 1% Hadn't Ripped Off Trillions
Post by: tonymctones on October 06, 2011, 06:42:00 AM
What right do the top 1% have to make billions while destroying America?
first of all please explain how they are destroying america...

2nd b/c they are the ones taking the risks, they are the ones investing the money and they are the ones making the decisions...

now answer the damn question, what right does anybody have to claim the money of the top 1%
Title: Re: If Top 1% Hadn't Ripped Off Trillions
Post by: tonymctones on October 06, 2011, 06:43:57 AM
Im a taxpayer its my money they use to bailout people who is loaded
epic lack of understanding there bro, they bailed out corporations...you may not know that corporations are actually legally their own entity.

taxpayers didnt give any money to the top 1% they gave money to corporations...
Title: Re: If Top 1% Hadn't Ripped Off Trillions
Post by: tonymctones on October 06, 2011, 06:44:49 AM
thats right you just keep repeating the talking points of right wing radio. they are playing you like a cheap banjo  :D
LMFAO you havent even tried to give a reason why you feel entitled to money you didnt earn.

at least whork is trying.
Title: Re: If Top 1% Hadn't Ripped Off Trillions
Post by: whork25 on October 06, 2011, 06:45:44 AM
And?  Why do you greedy pigs demand more income from doctors, small business owners, etc?

Tell me what the govt is going to do with the money? 

You left wing fools are greedy pigs, greedier than the wall street people in fact.     



Stop lying. This thread is about Wall Street yor the one who wants to destroy small businesses and support the people who does it

Face it your an enemy of the middle class and an enemy of small businesses
Title: Re: If Top 1% Hadn't Ripped Off Trillions
Post by: Soul Crusher on October 06, 2011, 06:47:04 AM
Stop lying. This thread is about Wall Street yor the one who wants to destroy small businesses and support the people who does it

Face it your an enemy of the middle class and an enemy of small businesses

I dont support blowing up wall street.  i support sensible reforms, not greedy pigs, rabble, communists, dopers, hippies, socialists, and dirty rats in the street seeking to overthrow capitalism. 

Title: Re: If Top 1% Hadn't Ripped Off Trillions
Post by: blacken700 on October 06, 2011, 06:47:59 AM
epic lack of understanding there bro, they bailed out corporations...you may not know that corporations are actually legally their own entity.

taxpayers didnt give any money to the top 1% they gave money to corporations...

you don't think the ceo got some of that money in bonuses,you are living the fairy tale
Title: Re: If Top 1% Hadn't Ripped Off Trillions
Post by: tonymctones on October 06, 2011, 06:49:53 AM
LOL at the pick of the moron wearing a Dairy Queen T-shirt...doesnt he know thats what he is protesting against?
Title: Re: If Top 1% Hadn't Ripped Off Trillions
Post by: whork25 on October 06, 2011, 06:50:21 AM
first of all please explain how they are destroying america...

2nd b/c they are the ones taking the risks, they are the ones investing the money and they are the ones making the decisions...

now answer the damn question, what right does anybody have to claim the money of the top 1%

Nobody has the "right" to do this

The situation is this: The country just got downgraded, we are in debt up to our ears and people are suffering.
Despite this the tax payers gave mil to coorporations.
Al the while Wall Street are making more money than ever. Is this right is this fair? Dont know but i sure as hell put my country before these gready pigs who doesnt give a fuck about you, me or the US
Title: Re: If Top 1% Hadn't Ripped Off Trillions
Post by: blacken700 on October 06, 2011, 06:52:26 AM
Nobody has the "right" to do this

The situation is this: The country just got downgraded, we are in debt up to our ears and people are suffering.
Despite this the tax payers gave mil to coorporations.
Al the while Wall Street are making more money than ever. Is this right is this fair? Dont know but i sure as hell put my country before these gready pigs who doesnt give a fuck about you, me or the US


they don't care it's not what rush told them
Title: Re: If Top 1% Hadn't Ripped Off Trillions
Post by: whork25 on October 06, 2011, 06:52:46 AM
I dont support blowing up wall street.  i support sensible reforms, not greedy pigs, rabble, communists, dopers, hippies, socialists, and dirty rats in the street seeking to overthrow capitalism. 



This is not about capitalism this is about Wall Street

Overthrow capitalism?? This isnt 1960 Russia capitalism rules the world
Title: Re: If Top 1% Hadn't Ripped Off Trillions
Post by: tonymctones on October 06, 2011, 06:53:24 AM
you don't think the ceo got some of that money in bonuses,you are living the fairy tale
LOL the CEO's would have gotten bonuses anyway, they just would have taken it out of their retained earnings or net income...again epic lack of understanding...

second that is a problem with the corporation not the top 1% if the ppl that own that stock have a problem with it, THEN THEY HAVE RECOURSE TO DEAL WITH IT!!!!!!!!!!

Like voting for a new CEO or new board members to appoint a new CEO!!!!

AGAIN EPIC LACK OF UNDERSTANDING!!!!!!!!!!!!!!

Title: Re: If Top 1% Hadn't Ripped Off Trillions
Post by: 240 is Back on October 06, 2011, 06:55:48 AM
LOL at the pick of the moron wearing a Dairy Queen T-shirt...doesnt he know thats what he is protesting against?

lolzercopter at the protesters.

sure, it's a corrupt system, ,but it's the system.  go to school, ,get your MBA, make your own money, and give it to the poor if you wanna change things.
Title: Re: If Top 1% Hadn't Ripped Off Trillions
Post by: tonymctones on October 06, 2011, 06:57:34 AM
Nobody has the "right" to do this

The situation is this: The country just got downgraded, we are in debt up to our ears and people are suffering.
Despite this the tax payers gave mil to coorporations.
Al the while Wall Street are making more money than ever. Is this right is this fair? Dont know but i sure as hell put my country before these gready pigs who doesnt give a fuck about you, me or the US

bro, ive seen you post and you seem pretty knowledgable for the most part but youre so far off base on this is amazing.

First the country being downgraded falls mainly on obama and then congress as a whole not the corporations.

Even if we took all their money we would still be in debt up to our ears, ITS B/C OF SPENDING NOT A LACK OF REVENUE!!!

Who are you to decide whats right or fair? to me its not fair that 50% of the population pays no fed income tax.

is that right or fair?
Title: Re: If Top 1% Hadn't Ripped Off Trillions
Post by: blacken700 on October 06, 2011, 06:58:56 AM
so a company needs a bail out and the ceo deserves a bonus ,more fairy tale thinking AGAIN EPIC LACK OF UNDERSTANDING!!!!!!!!!!!!!!
Title: Re: If Top 1% Hadn't Ripped Off Trillions
Post by: whork25 on October 06, 2011, 06:59:43 AM
lolzercopter at the protesters.

sure, it's a corrupt system, ,but it's the system.  go to school, ,get your MBA, make your own money, and give it to the poor if you wanna change things.

Ehh you cant protest and hold a job at the same time?
Title: Re: If Top 1% Hadn't Ripped Off Trillions
Post by: Soul Crusher on October 06, 2011, 07:00:45 AM
so a company needs a bail out and the ceo deserves a bonus ,more fairy tale thinking AGAIN EPIC LACK OF UNDERSTANDING!!!!!!!!!!!!!!


The only gripe of these lazy leftists and dirty reds is that they were not given the $$$.  I never supported the bailouts, but I dont support these commie leeches either. 
Title: Re: If Top 1% Hadn't Ripped Off Trillions
Post by: whork25 on October 06, 2011, 07:01:14 AM
LOL the CEO's would have gotten bonuses anyway, they just would have taken it out of their retained earnings or net income...again epic lack of understanding...

second that is a problem with the corporation not the top 1% if the ppl that own that stock have a problem with it, THEN THEY HAVE RECOURSE TO DEAL WITH IT!!!!!!!!!!

Like voting for a new CEO or new board members to appoint a new CEO!!!!

AGAIN EPIC LACK OF UNDERSTANDING!!!!!!!!!!!!!!

Please explain to me how a coorporations CEO can get a bonus when it has been bailed out by the taxpayers

Title: Re: If Top 1% Hadn't Ripped Off Trillions
Post by: 240 is Back on October 06, 2011, 07:01:34 AM
Ehh you cant protest and hold a job at the same time?

i'm not even sure what they're protesting against?

global corporations that milk poor people for profits?  It's the way of the world.  ain't gonna change.  We stop doing it, and china, russia and others take over becuase they';ll be doing it.

If you like your iPhone, you like big business.  mom & pop stores aren't coming up with them.
Title: Re: If Top 1% Hadn't Ripped Off Trillions
Post by: whork25 on October 06, 2011, 07:01:49 AM
LOL the CEO's would have gotten bonuses anyway, they just would have taken it out of their retained earnings or net income...again epic lack of understanding...

second that is a problem with the corporation not the top 1% if the ppl that own that stock have a problem with it, THEN THEY HAVE RECOURSE TO DEAL WITH IT!!!!!!!!!!

Like voting for a new CEO or new board members to appoint a new CEO!!!!

AGAIN EPIC LACK OF UNDERSTANDING!!!!!!!!!!!!!!

Please explain to me how a coorporations CEO can get a bonus when it has been bailed out by the taxpayers

Title: Re: If Top 1% Hadn't Ripped Off Trillions
Post by: whork25 on October 06, 2011, 07:02:52 AM
The only gripe of these lazy leftists and dirty reds is that they were not given the $$$.  I never supported the bailouts, but I dont support these commie leeches either. 

Who is these commie leaches you are talking about?
Title: Re: If Top 1% Hadn't Ripped Off Trillions
Post by: tonymctones on October 06, 2011, 07:03:04 AM
so a company needs a bail out and the ceo deserves a bonus ,more fairy tale thinking AGAIN EPIC LACK OF UNDERSTANDING!!!!!!!!!!!!!!

LOL I was against the bail outs and I never said the CEO deserves a bonus, epic lack of comprehension you moron.

now please enlighten us to why you feel these ppl are entitled to the money of the top 1%
Title: Re: If Top 1% Hadn't Ripped Off Trillions
Post by: blacken700 on October 06, 2011, 07:03:51 AM
all they do is repeat what talk radio tells them no more no less
Title: Re: If Top 1% Hadn't Ripped Off Trillions
Post by: Soul Crusher on October 06, 2011, 07:04:33 AM
Please explain to me how a coorporations CEO can get a bonus when it has been bailed out by the taxpayers



Same way Obama still has his job after blowing $500 Million on Solyndra and these dirty pigs and commies are silent on that?   Its wrong.  

But these lazy leftist leeches and locusts are the equal evil in the goals they seek.  

  
Title: Re: If Top 1% Hadn't Ripped Off Trillions
Post by: 240 is Back on October 06, 2011, 07:05:04 AM
these marchers are the left-wing version of the tea party......


they were all like "govt, keep your hands off my medicare..."

LMAO dummies.  extremists on both sites are morons.
Title: Re: If Top 1% Hadn't Ripped Off Trillions
Post by: blacken700 on October 06, 2011, 07:05:53 AM
the CEO's would have gotten bonuses anyway is what you said
Title: Re: If Top 1% Hadn't Ripped Off Trillions
Post by: Soul Crusher on October 06, 2011, 07:06:39 AM
the CEO's would have gotten bonuses anyway is what you said

Same way Obama still takes a paycheck despite losing $500 million on on solyndra.   Its bs. 

Title: Re: If Top 1% Hadn't Ripped Off Trillions
Post by: tonymctones on October 06, 2011, 07:08:47 AM
Please explain to me how a coorporations CEO can get a bonus when it has been bailed out by the taxpayers


you see any company has something called retained earnings, this is basically the left over income from years past after reinvestments into the company have been made. Goldman sachs had 39 BILLION IN RETAINED EARNINGS IN 2008

THEY WOULD HAVE GOTTEN BONUSES REGARDLESS!!!!!!!!!!!!!!!!!!!!!!

http://finance.yahoo.com/q/bs?s=GS+Balance+Sheet&annual

do the research yourself and please educate yourself
Title: Re: If Top 1% Hadn't Ripped Off Trillions
Post by: Soul Crusher on October 06, 2011, 07:10:20 AM
you see any company has something called retained earnings, this is basically the left over income from years past after reinvestments into the company have been made. Goldman sachs had 39 BILLION IN RETAINED EARNINGS IN 2008

THEY WOULD HAVE GOTTEN BONUSES REGARDLESS!!!!!!!!!!!!!!!!!!!!!!

http://finance.yahoo.com/q/bs?s=GS+Balance+Sheet&annual

do the research yourself and please educate yourself


Its too easy tossing slogans around that make no sense. 
Title: Re: If Top 1% Hadn't Ripped Off Trillions
Post by: George Whorewell on October 06, 2011, 07:10:49 AM
lolzercopter at the protesters.

sure, it's a corrupt system, ,but it's the system.  go to school, ,get your MBA, make your own money, and give it to the poor if you wanna change things.

Even you have an MBA from Critter Feed Technical Online University-- so there's no excuse for every unemployed person not to have one.
Title: Re: If Top 1% Hadn't Ripped Off Trillions
Post by: Soul Crusher on October 06, 2011, 07:11:35 AM
Even you have an MBA from Critter Feed Technical Online University-- so there's no excuse for every unemployed person not to have one.

LOL! 

Title: Re: If Top 1% Hadn't Ripped Off Trillions
Post by: tonymctones on October 06, 2011, 07:11:39 AM
Now is it right, I dont think so their companies got run into the ground on their watch....

but again their is recourse for this through the stock owners

These idiots should be protesting the govt giving our money away not private companies doing what they are legally entitled to do...

IDIOTS
Title: Re: If Top 1% Hadn't Ripped Off Trillions
Post by: whork25 on October 06, 2011, 07:12:42 AM
Same way Obama still has his job after blowing $500 Million on Solyndra and these dirty pigs and commies are silent on that?   Its wrong.  

But these lazy leftist leeches and locusts are the equal evil in the goals they seek.  

  

So we agree on Wall Street are scumbags?
Yet you are more upset with the protesters despite you actually agree with them on one topic that is but you dont care because you think they are commies? Do you know how stupid that is?
So if these commies vote against Obama you want their votes tossed aside because they are leftists?
Title: Re: If Top 1% Hadn't Ripped Off Trillions
Post by: 240 is Back on October 06, 2011, 07:13:40 AM
Even you have an MBA from Critter Feed Technical Online University-- so there's no excuse for every unemployed person not to have one.

Tier 2.5, baby!

http://www.fgcu.edu/cob/
Title: Re: If Top 1% Hadn't Ripped Off Trillions
Post by: Soul Crusher on October 06, 2011, 07:14:00 AM
So we agree on Wall Street are scumbags?
Yet you are more upset with the protesters despite you actually agree with them on one topic that is but you dont care because you think they are commies? Do you know how stupid that is?
So if these commies vote against Obama you want their votes tossed aside because they are leftists?


No - because the ends they seek represent everything I detest.   
Title: Re: If Top 1% Hadn't Ripped Off Trillions
Post by: whork25 on October 06, 2011, 07:15:13 AM
you see any company has something called retained earnings, this is basically the left over income from years past after reinvestments into the company have been made. Goldman sachs had 39 BILLION IN RETAINED EARNINGS IN 2008

THEY WOULD HAVE GOTTEN BONUSES REGARDLESS!!!!!!!!!!!!!!!!!!!!!!

http://finance.yahoo.com/q/bs?s=GS+Balance+Sheet&annual

do the research yourself and please educate yourself

How would they get bonuses when the company has no money to pay with?
Title: Re: If Top 1% Hadn't Ripped Off Trillions
Post by: whork25 on October 06, 2011, 07:17:36 AM
Now is it right, I dont think so their companies got run into the ground on their watch....

but again their is recourse for this through the stock owners

These idiots should be protesting the govt giving our money away not private companies doing what they are legally entitled to do...

IDIOTS
The governmnent IS Wall Street thats the problem
Title: Re: If Top 1% Hadn't Ripped Off Trillions
Post by: tonymctones on October 06, 2011, 07:18:59 AM
Tier 2.5, baby!

http://www.fgcu.edu/cob/
all your core classes are equivilent undergrad courses???
Title: Re: If Top 1% Hadn't Ripped Off Trillions
Post by: tonymctones on October 06, 2011, 07:21:58 AM
How would they get bonuses when the company has no money to pay with?
THROUGH RETAINED EARNINGS!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

the company had 39 almost 40 BILLION in retained earnings....they also had 122 billion in cash or cash equivelents...78 billion in short term investments meaning they would get that cash in less than a year and 59 billion in tangible assets!!!!!!!

did you just say they had no money? really???
Title: Re: If Top 1% Hadn't Ripped Off Trillions
Post by: 240 is Back on October 06, 2011, 07:24:03 AM
all your core classes are equivilent undergrad courses???

yep.  you can get it done in a year and a half if you have the BS in business. 

it ain't rocket science, but for where i live and what i do, it was a good call.
Title: Re: If Top 1% Hadn't Ripped Off Trillions
Post by: whork25 on October 06, 2011, 07:24:51 AM
I know they have money im trying to make a point

If they have all these money in retained earnings why did they need a bailout?
Title: Re: If Top 1% Hadn't Ripped Off Trillions
Post by: tonymctones on October 06, 2011, 07:31:44 AM
I know they have money im trying to make a point

If they have all these money in retained earnings why did they need a bailout?
LOL, you werent trying to make a point...you had little to no idea what you were talking about.

Bad investments, bad debt etc...the cdo bull shit that THE GOVT ALLOWED TO HAPPEN really screwed up a butt load of balance sheets.

All of a sudden you have multiple investments that youve made and that your promised going to shit. It was and is a cluster fuck to end all cluster fucks and still hasnt been resolved by guess who...the GOVT
Title: Re: If Top 1% Hadn't Ripped Off Trillions
Post by: tonymctones on October 06, 2011, 07:34:03 AM
yep.  you can get it done in a year and a half if you have the BS in business. 

it ain't rocket science, but for where i live and what i do, it was a good call.
thats alright most ppl I would have to guess dont really look to much at teh school you got it from more just that you have the "MBA" on your resume

shit mine is pretty tough and I was a finance major although right now its not so much the course work just the amount of course work but then again im still taking mostly core classes  :-\
Title: Re: If Top 1% Hadn't Ripped Off Trillions
Post by: 240 is Back on October 06, 2011, 07:40:25 AM
i was a teacher, playing in a band, and drunk half the time... got the MBA without blinking... was doing computer certs at the same time on weekends.  there were a few projects that had me scratching my head, but for the most part, the degree was a breeze.  I learned a ton of skills though, worked well.
Title: Re: If Top 1% Hadn't Ripped Off Trillions
Post by: whork25 on October 06, 2011, 07:42:33 AM
LOL, you werent trying to make a point...you had little to no idea what you were talking about.

Bad investments, bad debt etc...the cdo bull shit that THE GOVT ALLOWED TO HAPPEN really screwed up a butt load of balance sheets.

All of a sudden you have multiple investments that youve made and that your promised going to shit. It was and is a cluster fuck to end all cluster fucks and still hasnt been resolved by guess who...the GOVT

And why hasnt it been resolved? Because the coorporation you love so much and the government is one and the same
And again how can a company need a bailout if has so much cash stored away again?
Title: Re: If Top 1% Hadn't Ripped Off Trillions
Post by: tonymctones on October 06, 2011, 07:45:24 AM
i was a teacher, playing in a band, and drunk half the time... got the MBA without blinking... was doing computer certs at the same time on weekends.  there were a few projects that had me scratching my head, but for the most part, the degree was a breeze.  I learned a ton of skills though, worked well.
LOL sounds like you had a pretty good life, glad to hear it worked out for you

Im learning a good deal to even though most of my classes have been cores so far. I cant wait to get into upper level finance stuff like risk managment, derivatives, f/x, options etc...gonna be awesome!!!
Title: Re: If Top 1% Hadn't Ripped Off Trillions
Post by: tonymctones on October 06, 2011, 07:47:48 AM
And why hasnt it been resolved? Because the coorporation you love so much and the government is one and the same
And again how can a company need a bailout if has so much cash stored away again?
LOL and you think that attacking the corporations is going to do what exactly?

lets see attack the corporations or the govt that enables the corporstions, which one do you think would make more of a difference.

The one in which every citizen has the ability to change or the one in which only the ppl who hold stock have the ability to change(even then they dont b/c their income is tied into the welfare of the company)?

easy decision if you ask me...

these morons shouldnt be against teh tea party they should join the tea party!!!!!!!!!!!!

but instead they will all continue to protest wall street while wearing dairy queen t shirts, driinking starbucks coffee and organizing their next demonstration on their Iphones...

IDIOTS
Title: Re: If Top 1% Hadn't Ripped Off Trillions
Post by: 240 is Back on October 06, 2011, 07:51:04 AM
LOL sounds like you had a pretty good life, glad to hear it worked out for you

Im learning a good deal to even though most of my classes have been cores so far. I cant wait to get into upper level finance stuff like risk managment, derivatives, f/x, options etc...gonna be awesome!!!

I remember how hard my advanced MBA coursework worked to sell globalization as a good thing. 
Title: Re: If Top 1% Hadn't Ripped Off Trillions
Post by: tonymctones on October 06, 2011, 07:55:50 AM
I remember how hard my advanced MBA coursework worked to sell globalization as a good thing. 
in my undergrad computer science class we watched this interview of this guy cant remember his name but he was pretty famous for some technology I think and wrote this book something liek "the world is flat" that was talking about that kinda.

I dont think globilization is bad just in the aspect of the ability to have access to more resources etc. but to the point the each country goes so far as to specialize in one thing or another it is like the US becoming a service country that blows b/c now we have to depend on other countries to make our ish
Title: Re: If Top 1% Hadn't Ripped Off Trillions
Post by: 240 is Back on October 06, 2011, 07:59:22 AM
i always saw globalization as inevitable.  something to work around.  It's nice for me... i work on a national level mostly, and the huge cost of living diff means I can charge way less than a designer or author in Cali, for example.  Family all here in FL, so I knew I had no desire to move to NYC and work for a big company where the MBA would have mattered. 

Plus, don't they say you lose most of what you learned in college in 3-5 years anyway?  It becomes obsolete?

I hit my accounting, mgmt, marketing MBA books all the time  mostly reading them in the bathroom to stay fresh on things I might get lazy on.
Title: Re: If Top 1% Hadn't Ripped Off Trillions
Post by: whork on October 06, 2011, 08:35:30 AM
LOL and you think that attacking the corporations is going to do what exactly?

lets see attack the corporations or the govt that enables the corporstions, which one do you think would make more of a difference.

The one in which every citizen has the ability to change or the one in which only the ppl who hold stock have the ability to change(even then they dont b/c their income is tied into the welfare of the company)?
easy decision if you ask me...
these morons shouldnt be against teh tea party they should join the tea party!!!!!!!!!!!!
but instead they will all continue to protest wall street while wearing dairy queen t shirts, driinking starbucks coffee and organizing their next demonstration on their Iphones...
IDIOTS
If the tea party protest against Wall Street i support them as well
Title: Re: If Top 1% Hadn't Ripped Off Trillions
Post by: tonymctones on October 06, 2011, 08:44:27 AM
If the tea party protest against Wall Street i support them as well

again wall street is the body not the head, the govt is the head of the problem

we as citizens also have the ability to change the govt we dont have the ability to change wall street.

so why not protest the govt and not wall street.

all wall street is going to do is give us the finger and go about business.

with the govt we get change b/c these fucks are scared of being voted out.

you support these morons who have no idea what is going on yet not the tea party who are getting to the heart of the problem?

real bright
Title: Re: If Top 1% Hadn't Ripped Off Trillions
Post by: OzmO on October 06, 2011, 09:38:38 AM
again wall street is the body not the head, the govt is the head of the problem

we as citizens also have the ability to change the govt we dont have the ability to change wall street.

so why not protest the govt and not wall street.

all wall street is going to do is give us the finger and go about business.

with the govt we get change b/c these fucks are scared of being voted out.

you support these morons who have no idea what is going on yet not the tea party who are getting to the heart of the problem?

real bright

I no longer believe that.   When a republican administration submits to the major banks in 5 days and enacts record billions and billions in bail outs and follows it with a secret 1.2 trillion in bail outs it shows that we are not a representative government and our representatives are not accountable to the people who voted them in. 

Get money out of politics.  period. 
Title: Re: If Top 1% Hadn't Ripped Off Trillions
Post by: Fury on October 06, 2011, 09:52:17 AM
Is this asshole Blacken really spending his Thursday conversing with himself and his gimmicks in broken English?

No wonder you're behind these Wall St. clowns. You're a fucking jobless degenerate just like them.
Title: Re: If Top 1% Hadn't Ripped Off Trillions
Post by: Option D on October 06, 2011, 09:52:35 AM
And?  Why do you greedy pigs demand more income from doctors, small business owners, etc?

Tell me what the govt is going to do with the money? 

You left wing fools are greedy pigs, greedier than the wall street people in fact.     




You are a fuckin idiot.. You act like they are giving money to democrats or some shit. My parents who are lifelong Liberal Democrats have been in the household bracket of 250k for the last 20 years. They have always paid taxes accordingly.
Title: Re: If Top 1% Hadn't Ripped Off Trillions
Post by: Soul Crusher on October 06, 2011, 09:57:27 AM

You are a fuckin idiot.. You act like they are giving money to democrats or some shit. My parents who are lifelong Liberal Democrats have been in the household bracket of 250k for the last 20 years. They have always paid taxes accordingly.

And - you want a medal or something?

Tell me why the govt needs more money?   
Title: Re: If Top 1% Hadn't Ripped Off Trillions
Post by: Fury on October 06, 2011, 10:03:40 AM
And - you want a medal or something?

Tell me why the govt needs more money?   

Come on dude, we haven't stimulated the economy enough. The country isn't $60 trillion in debt or anything. What's another few trillion? If you were patriotic you'd hand over your money to the government. They know what's best. Just look at Solyndra. It was such a success that anyone who didn't want to see it repeated would have to be an idiot!

More to the government. They can allocate better than the private sector. More. MORE!
Title: Re: If Top 1% Hadn't Ripped Off Trillions
Post by: Soul Crusher on October 06, 2011, 10:05:59 AM
These left wing morons are beyond hopeless at this point.  Its easier just to mock and laugh at them at this point. 

 
Title: Re: If Top 1% Hadn't Ripped Off Trillions
Post by: Option D on October 06, 2011, 10:06:16 AM
And - you want a medal or something?

Tell me why the govt needs more money?   

tell em why you mad son... tell em..


Anyway. I dont know if the govt needs more money. But you calling blacken and straw "greedy" like they are personally taxing rich people is just fucking dumb.
Title: Re: If Top 1% Hadn't Ripped Off Trillions
Post by: Option D on October 06, 2011, 10:08:21 AM
These left wing morons are beyond hopeless at this point.  Its easier just to mock and laugh at them at this point. 

 

Killed OBL and the Awlaki

you forgot that lol
Title: Re: If Top 1% Hadn't Ripped Off Trillions
Post by: Fury on October 06, 2011, 10:12:19 AM
Killed OBL and the Awlaki

you forgot that lol

Great. 3 years in office, and the only "accomplishments" are two dead terrorists.

Give him another 10-15 years and he might have 10 things to write home about.
Title: Re: If Top 1% Hadn't Ripped Off Trillions
Post by: Soul Crusher on October 06, 2011, 10:14:36 AM
Killed OBL and the Awlaki

you forgot that lol

And?  Bush got Saddam and KSW 
Title: Re: If Top 1% Hadn't Ripped Off Trillions
Post by: Option D on October 06, 2011, 10:15:51 AM
Great. 3 years in office, and the only "accomplishments" are two dead terrorists.

Give him another 10-15 years and he might have 10 things to write home about.


Well if we are putting records and what not... how about being objective about it.

BF... Take a step back. Im not the enemy.  
Title: Re: If Top 1% Hadn't Ripped Off Trillions
Post by: Option D on October 06, 2011, 10:16:43 AM
And?  Bush got Saddam and KSW 


We all know that you are a Bush supporter and feel he did a Bang up Job for the Majority of his tenure in office
Title: Re: If Top 1% Hadn't Ripped Off Trillions
Post by: Fury on October 06, 2011, 10:17:30 AM
Well if we are putting records and what not... how about being objective about it.

BF... Take a step back. Im not the enemy.  

I know you're not but it's time to move on from Bush. I live in the hear and now and right now President Downgrade and his cronies are effectively destroying this country.
Title: Re: If Top 1% Hadn't Ripped Off Trillions
Post by: Option D on October 06, 2011, 10:20:01 AM
I know you're not but it's time to move on from Bush. I live in the hear and now and right now President Downgrade and his cronies are effectively destroying this country.

Who is the savior
Title: Re: If Top 1% Hadn't Ripped Off Trillions
Post by: Fury on October 06, 2011, 10:22:15 AM
Who is the savior

Ron Paul.

It certainly isn't a democrat or an establishment Republican.
Title: Re: If Top 1% Hadn't Ripped Off Trillions
Post by: Soul Crusher on October 06, 2011, 10:23:00 AM
Who is the savior

We dont need a savior like the obama voters thought they were getting.   We need sound realistic policies based on math and common sense.  

And yes - Obama was thought of as the messiah.  in Suskinds' own book - the people around obama call him the Black Jesus and encouraged messianic messages which filtered down to the cultish following that brought his stupid ass in to office.  
Title: Re: If Top 1% Hadn't Ripped Off Trillions
Post by: OzmO on October 06, 2011, 10:26:46 AM
Ron Paul on amending the Constitution to get money out of politics:

at about 2:23

http://www.dylanratigan.com/2011/10/05/ron-paul-on-amending-the-constitution-to-get-money-out-of-politics/ (http://www.dylanratigan.com/2011/10/05/ron-paul-on-amending-the-constitution-to-get-money-out-of-politics/)
Title: Re: If Top 1% Hadn't Ripped Off Trillions
Post by: blacken700 on October 06, 2011, 10:51:25 AM
Is this asshole Blacken really spending his Thursday conversing with himself and his gimmicks in broken English?

No wonder you're behind these Wall St. clowns. You're a fucking jobless degenerate just like them.

new rules if you live with your mommy you can't post on here  :D :D :D :D

Title: Re: If Top 1% Hadn't Ripped Off Trillions
Post by: whork on October 08, 2011, 08:20:30 AM
LOL, you werent trying to make a point...you had little to no idea what you were talking about.

Bad investments, bad debt etc...the cdo bull shit that THE GOVT ALLOWED TO HAPPEN really screwed up a butt load of balance sheets.

All of a sudden you have multiple investments that youve made and that your promised going to shit. It was and is a cluster fuck to end all cluster fucks and still hasnt been resolved by guess who...the GOVT

You want the GOVT to resolve it? Thats government intervention= socialism!!
Do you even know what you are saying im starting to think you are just are parrot listening to FOX all day
Title: Re: If Top 1% Hadn't Ripped Off Trillions
Post by: whork on October 08, 2011, 08:23:45 AM
Ron Paul.

It certainly isn't a democrat or an establishment Republican.

And just as i typed that, you make my arguments to shame with this post:)
Title: Re: If Top 1% Hadn't Ripped Off Trillions
Post by: Fury on October 08, 2011, 08:26:01 AM
And just as i typed that, you make my arguments to shame with this post:)

No, I didn't, blacken.

It's nothing short of ironic that you and your blacken account just fired off three posts in a row. whork-blacken-whork, all with 30 second gaps. AMAZING how you guys always seem to post within minutes of each other, regardless of what time of day it is.

Nothing better to do on a Saturday, blacken?
Title: Re: If Top 1% Hadn't Ripped Off Trillions
Post by: blacken700 on October 08, 2011, 08:28:37 AM
No, I didn't, blacken.

It's nothing short of ironic that you and your blacken account just fired off three posts in a row. whork-blacken-whork, all with 30 second gaps. AMAZING how you guys always seem to post within minutes of each other, regardless of what time of day it is.

Nothing better to do on a Saturday, blacken?

i don't even know who he is
Title: Re: If Top 1% Hadn't Ripped Off Trillions
Post by: whork on October 08, 2011, 08:30:14 AM
Going back to to the old discredit the messenger because then he questions become irrelevant ehh:)

Thats okay if you cant answer...
Title: Re: If Top 1% Hadn't Ripped Off Trillions
Post by: andreisdaman on October 08, 2011, 09:22:45 AM
700 bill bailouts

Listening to you complaining about the economy everyday

agreed
Title: Re: If Top 1% Hadn't Ripped Off Trillions
Post by: andreisdaman on October 08, 2011, 09:24:22 AM
I dont support blowing up wall street.  i support sensible reforms, not greedy pigs, rabble, communists, dopers, hippies, socialists, and dirty rats in the street seeking to overthrow capitalism. 



I didn't know we were talking about the tea party???
Title: Re: If Top 1% Hadn't Ripped Off Trillions
Post by: andreisdaman on October 08, 2011, 09:25:17 AM
Well if we are putting records and what not... how about being objective about it.

BF... Take a step back. Im not the enemy.  

its not you...to him, TRUTH is the enemy
Title: Re: If Top 1% Hadn't Ripped Off Trillions
Post by: andreisdaman on October 08, 2011, 09:26:38 AM
We dont need a savior like the obama voters thought they were getting.   We need sound realistic policies based on math and common sense.  

And yes - Obama was thought of as the messiah.  in Suskinds' own book - the people around obama call him the Black Jesus and encouraged messianic messages which filtered down to the cultish following that brought his stupid ass in to office.  

and you really thought that Sarah Palin would bring us this????
Title: Re: If Top 1% Hadn't Ripped Off Trillions
Post by: andreisdaman on October 08, 2011, 09:27:40 AM
You want the GOVT to resolve it? Thats government intervention= socialism!!
Do you even know what you are saying im starting to think you are just are parrot listening to FOX all day

you're catching on
Title: Re: If Top 1% Hadn't Ripped Off Trillions
Post by: Soul Crusher on October 08, 2011, 10:31:12 AM
I didn't know we were talking about the tea party???

Tea party people clean up after themselves.   Ever see the mess the Obama thugs and cult members left on the mall after the faux inauguration.
Title: Re: If Top 1% Hadn't Ripped Off Trillions
Post by: andreisdaman on October 08, 2011, 02:33:08 PM
Tea party people clean up after themselves.   Ever see the mess the Obama thugs and cult members left on the mall after the faux inauguration.

you talk about the most irrelevant shit when you have absolutely no argument