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  #1  
Old 06-07-2014, 08:19 AM
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merrylander merrylander is offline
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What's up

We now have more people employed tha before the recession but mostly in poor paying jobs.

Wall St. looks to either break 17,000 or go into the toilet.

The Fed is holding interest rates artificiall low - hurting senior citizens the most.

So what is responsible for this?
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  #2  
Old 06-07-2014, 11:47 AM
4-2-7 4-2-7 is offline
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Originally Posted by merrylander View Post
We now have more people employed tha before the recession but mostly in poor paying jobs. We added around 2 million more people to the working age in that time also. So persentage wise we are down.

Wall St. looks to either break 17,000 or go into the toilet.Everybody chears these records, the fact of inflation needs to weigh in and population growth. Plus the QE suggar rush on the market, Just because there is more dollars in serculation doesn't mean there is any more value/ purchasing power,

The Fed is holding interest rates artificiall low - hurting senior citizens the most. No hurting everyone that hold fiat currency. And earns it for that matter when your wage increas is based on inflation. When interest rates or lower than inflation the banks are robbing you.

So what is responsible for this?
Banksters Government Working hand in hand to to rob use blind untill the fiat currency collapses.

Last edited by 4-2-7; 06-07-2014 at 11:50 AM.
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  #3  
Old 06-07-2014, 12:40 PM
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merrylander merrylander is offline
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Well I am quite certain the boys in the big casino in lower Manhatten are up to summat
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  #4  
Old 06-07-2014, 12:44 PM
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BlueStreak BlueStreak is offline
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Quote:
Originally Posted by merrylander View Post
We now have more people employed tha before the recession but mostly in poor paying jobs.

Wall St. looks to either break 17,000 or go into the toilet.

The Fed is holding interest rates artificiall low - hurting senior citizens the most.

So what is responsible for this?
The DOW is high, in part, because of the low wages.>>>>The "investor class" is seeing wealth transferred up the chain from the working poor.

The FED is attempting to stimulate consumerism by holding down interest rates. It isn't working because even people who are working, but perpetually broke anyways, cannot afford any more debt whether the interest is 20% or 0%.

It's class warfare, Rob. And the "little people" are losing. In many cases fighting diligently against themselves, because they don't believe "class warfare" exists.

So, obviously giving tax cuts to billionaires and corporations who find ways around paying them anyways, is the only sensible answer.

Dave
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Last edited by BlueStreak; 06-07-2014 at 12:48 PM.
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  #5  
Old 06-07-2014, 12:50 PM
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Originally Posted by 4-2-7 View Post
Banksters Government Working hand in hand to to rob use blind untill the fiat currency collapses.
Wrong as usual.

Dave
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  #6  
Old 06-07-2014, 12:53 PM
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We now have more people employed tha before the recession but mostly in poor paying jobs. We added around 2 million more people to the working age in that time also. So persentage wise we are down.

Wall St. looks to either break 17,000 or go into the toilet.Everybody chears these records, the fact of inflation needs to weigh in and population growth. Plus the QE suggar rush on the market, Just because there is more dollars in serculation doesn't mean there is any more value/ purchasing power,

The Fed is holding interest rates artificiall low - hurting senior citizens the most. No hurting everyone that hold fiat currency. And earns it for that matter when your wage increas is based on inflation. When interest rates or lower than inflation the banks are robbing you.

Blah, Blah, Blah...................

Nope, guess again.

Dave
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  #7  
Old 06-07-2014, 01:10 PM
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Tom Joad Tom Joad is offline
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Quote:
Originally Posted by BlueStreak View Post
The "investor class" is seeing wealth transferred up the chain from the working poor.
I'm seeing it here in the real estate market.

The market is in the tank, but the majority of sales in this area are going to cash buyers. There are people out there with big wads of cash buying them up. My house is going to a cash buyer. For $15,000 less than I paid for it 10 years ago, and I think I did well. The Real Estate Agent I used told me that every house sale he has had so far this year has been cash.
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Old 06-07-2014, 01:13 PM
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Originally Posted by Tom Joad View Post
I'm seeing it here in the real estate market.

The market is in the tank, but the majority of sales in this area are going to cash buyers. There are people out there with big wads of cash buying them up. My house is going to a cash buyer. For $15,000 less than I paid for it 10 years ago, and I think I did well. The Real Estate Agent I used told me that every house sale he has had so far this year has been cash.
Probably why the bastards drove it into the tank to begin with?

Dave
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  #9  
Old 06-09-2014, 03:56 AM
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Originally Posted by BlueStreak View Post
Probably why the bastards drove it into the tank to begin with?

Dave
You act as though there's someone behind the scene pulling levers. The only problem is there isn't. In fact, Obama is under the sheets with big finance and I'll bet he shant becoming out anytime soon. I can hardly wait to see how much he gets on the lecture circuit.
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Old 06-09-2014, 08:42 AM
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You act as though there's someone behind the scene pulling levers. The only problem is there isn't. In fact, Obama is under the sheets with big finance and I'll bet he shant becoming out anytime soon. I can hardly wait to see how much he gets on the lecture circuit.
No. There doesn't have to be anyone "behind the scene pulling levers" when the problem is systemic and excepted, yet damaging behavior. It's called "avarice and greed." You know; "The only thing that matters is my personal accrual of ever more wealth, even if I have to screw millions of people to get it."

And, then you follow that statement that no one is "behind the scene pulling levers" by claiming "Obama" is "behind the scene pulling levers".

Dave
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Last edited by BlueStreak; 06-09-2014 at 08:50 AM.
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