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Bush has been fine for corporate Americas economy. The rich get richer and the working people are paying $3 a gallon for gas again.




Yeah I agree. I think all of corporate America should be crippled and forced into bankruptcy...so I can be unemployed.


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I don't think Bush has done anything to hurt the economy. I don't think he's done anything to help it.

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How are you not Republican? You work your butt off, yet support a party that gives your tax money to the lazy (PC people call them poor) and then move them into our good neighboorhoods to ruin it for those who work for a living.




Where to begin with this...

...first off making the assumption that poor = lazy...well, it's just plain stupid. It's propoganda fooder that dolts love to parrot.

And as far as the Democrats giving your tax money to the poor...the first thing the Democrats look to take care of is themselves...and they happen to be rich. After that...I guess this characterization comes from ideology...but how can one say that when the last Democratic president in office did a hell of a lot to benefit the rich and not a great deal to benefit the poor?

(And like Bush, I don't think Clinton did a whole lot to help or hurt the economy.)

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Poor=lazy. I will always stand by that. This is the land of opportunity for a reason.

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Poor could equal lazy. It could also equal bad luck. It could equal stupid. It could equal disadvantaged. It could equal lots of different things.

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1. NO one is forced to work for minimum wage. I live in columbus, and even gas station attendants make 8-9 bucks an hour and fast food pays around 7+.
Funny thing about that is most of the fast food workers are mexican because americans are to freaking lazy.
Don't talk to me about lower class. my parents made a combined $25k a year with 3 children in the 90's and we never went hungery and were always happy. I never knew that my parents made less than other people because i still had stuff, although many times a year later when prices of game systems went down, or could be found at yard sales. Funny thing about that is my parents last year are up around 40k combined and can't believe at how fortunate they are.

2. When big buinsesses make money they hire people. Where they hire depends more on state/local government luring buisness in. How is this done? Tax breaks. If you give the buisness tax breaks they can hire more people. If they hire more people you collect more taxes becouse people are working and spending money on taxable items. Speaking of taxable items . . . is it just where i live or does it seem like everyone and there freaking brother is getting a new car!!! And freaking going out to dinner, i can''t go out anymore without waiting 45 min. Start cutting jobs so i don't have to wait to feed my face!!!!


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If you give the buisness tax breaks they can hire more people.




...in Indonesia.

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The people who work for a living, are dem. rep. are the rich!




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If you give the buisness tax breaks they can hire more people.




...in Indonesia.




Cause if they are hired here, they demand $15 an hour to start, plus full health, dental and vision insurance, then they join a union in order to get more.

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Couple of things, off the top of my head:

First, to whoever complained about gas being $3 per gallon: first of all, it isn't - the nat'l. average, as of last week, was $2.89. Secondly, Bush has repeatedly taken the heat for the gas prices - trust me, he didn't get any break when it was at $2.40, did he? Third, you think the president controls the damn price of a barrel of oil????????????????

NO president, dem, or repub, controls the price of a barrel of oil that is pumped from the ground overseas, shipped here, and refined here, then sold as gasoline!!!! NO president controls that. That's just stupid, idiotic thinking - or, more likely it's "let's blame Bush" thinking.

On another note, unemployment is low. The Dow is high. Like it or not, that means good things for the economy. Doesn't really matter what the media says, the truth is in the pudding, so to speak. Yes, people are losing jobs, but, believe it or not, there are other people and companies here in the u.s. that are taking those jobs - they don't all go over seas. Sauder Woodworking just bought out O'Sullivan, a competitor. It means a job loss for the O'Sullivan employees in the south, but it means a job gain of 200 people here in ohio.
(I will continue this in a new post)

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If you give the buisness tax breaks they can hire more people.




...in Indonesia.




Cause if they are hired here, they demand $15 an hour to start, plus full health, dental and vision insurance, then they join a union in order to get more.




Cost of business, my friend...like Soup said, land of opportunity. And, yeah, if it makes more economical sense for you to use cheap labor in another country to do so, fine...but don't expect our country to give you tax breaks.

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I say the President does an about face and pulls the troops out of Iraq. Then with the economy doing well and no troops in Iraq ... what platform would the Democrats have left to run on?

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Now, who's to say who's "struggling"? I know people that make under $30,000 per year, married and with kids, that are getting along just fine. Plenty of food, a decent house (not renting, OWNING), kids are dressed decent, etc.......I also know people that are making over $100,000.00 per year, where husband and wife both work, kids go to daycare, and they are struggling - primarily because they think they are "entitled" to whatever they want, since, you know, after all, they both work. And they need the 2 nice cars/suv's, plus, what would summers be without the lake cottage, and of course the boat and a sea doo.....

Sorry folks, I'm not one for feeling sorry for people like that, and I also don't begrudge the "rich" folks from doing what they want to. Sad fact is, so many people, a majority in my opinion, don't appreciate what they have, so they spend more, and that goes for people in the ghetto, and people living in "ritzy" neighborhoods as well...........It's the new "american way" "I have a job, I should be able to get whatever I want" attitude. B.S.

Live within your means. Don't complain about the CEO getting paid, you don't like the company you're with? Or the money you are making? Then grab your balls and go off to show a different company how you will help them, and trust me, they will hire you......quit sitting on your fanny complaining about what you DON'T have, and go out and get what you can - only catch is, if you can't improve a company, why would they hire you at a higher pay rate than the one you work for? Oh, yeah, that's right, we live in America, we are entitled to whatever we want, right? The old "my neighbor has this, so I should get it" mentality, right?


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They would about-face and say we are heartless and cruel because we left the Iraq people to fend for themselves after the mess we created and every day they would show us innocent people there being killed after we abandoned them.

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Sad fact is, so many people, a majority in my opinion, don't appreciate what they have, so they spend more, and that goes for people in the ghetto, and people living in "ritzy" neighborhoods as well...........It's the new "american way" "I have a job, I should be able to get whatever I want" attitude. B.S.




People talk about morals and the war and terrorism...but it is this that will destroy America.

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Don't complain about the CEO getting paid




The CEO getting paid what he/she does is a part of the problem. The 'spend more' attitude is what cultivated these astronomical pay hikes...and then, you know, it's a nice thought to think the VP will sit there and say 'the guy above me just just an obscene amount of money that now vaults him well over me...and I could make a case for more...but I'll live with what I've got. In all likelihood, the VP wants a raise, so then the number three wants a raise, and pretty soon old Willie in the mailroom wants more. They are a product of the system which causes people to live outside their means...but they're the top of it.

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Those that are complaining about the economy now, or the way it has been for the last 10, 12 years or so, are, in my opinion, people that have not added to the economy - they are people that have thought "hey, I have a job, I'm entitled......" And then they turn into "look, so and so is making a lot of money, and I'm not, so we ought to tax his/her ass more - make them pay", when in fact, they have no clue about what those "rich" people pay. They complain about everyone getting a 10% tax cut (just an example, here) and say "he got $40,000 in tax cuts, and I only got $400 - that's not fair", while completely ignoring the fact that the other person is paying $400,000.00 in taxes, while they themselves paid only $4000. And in fact, that is wrong cause the person paying $4000 in taxes got more back than just $400)

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It's kinda funny, if you remove yourself from situation, how the tax breaks enacted a year or 2 ago have actually INCREASED the gov't's income.........you know, that whole lame, pathetic "reduce taxes, increase income" thing works. What's funny is, it DOES work. However, it will not take the unemployed person that has no skills and increase his/her wages, but it will take the unemployed person and give them a job (that is, if they want to work, and fend for themselves as opposed to living off the back of taxpayers)

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I say we get rid of all the money and....Go back to the barter life.

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I will personally guarantee you, if tax rates are raise, tax revenue will go down, unemployment will go up, and more jobs will go overseas. It's pretty simple. The people with the ability to start/run a company will spend their money overseas, and they will increase their wealth (which is nothing but a smart business decision, in my opinion) as opposed to spending MORE money here, in order to lose money on their investment.

Wanna tax the rich more? Watch your jobs be gone? Tax the rich less, just watch, more jobs will be available here in the states, where they are needed. However, just having a job doesn't entitle you to anything. You get your paycheck, yes, but you are not guaranteed to be taken care of for the rest of your life..........save your money, don't spend it all. You'll be doing yourself a favor......live on 80% of your income, and invest the rest. Sure, you won't have what the "neighbors" have, but you will be taking care of yourself. And, if you do that, then you can "invest" in the "big" companies that make so much profit, and you'll see a higher return on your money - in other words, you'll be able to retire and pay your own damn bills.

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I'm personally tired of the "woe is me" attitude. Live within your means. If it means you have to rent for 5 years before you buy a "shack", so be it. Just being born in, and working in, America, does not entitle you to having a 2000 sq. foot house, with 3 baths, a 2 car garage, and a riding mower.

People that live within their means are much happier than people that get credit cards and outspend themselves in order to get "what I deserve".

Okay, I'm done. For now. Just my opinions.

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If somebody else wants to make the point that the middle class isn't doing well, let them make it.

If Pit wants to chime in, and he will... , about how the debt is artificially inflating the economy, let him...

All are potentially valid points to be discussed.. how the word "terrorist" even got into this is beyond me...




Yes,I'll chime in!

Depending on who you are,he's helped. And yes,the personal debt load does play a huge key in this. Foreclosures are already at,or near record setting levels and expected to rise cMUCH further if interests rates rise any further. And all the spending Bush has done? His spending proves he's NO consevative.

I'm not into the huge political debates right now,or I'd go toe to toe over this issue. But if Soup thinks our government living off of borrowed money from China makes for a "good economy".so be it.


I do know that people who make below 40k don't share Soups view for the most part,but like I said,depending on who you are,he may or may not be helping the economy in "your life".

I've always had a pretty good job from Carter through Bush,so while it has never really effected me on a personal basis no matter who has been president. But I do worry about the future of my country and our citizens.


And as far as the term "terrorist" goes?

The Dems didn't start a war based on falsehoods that has caused the deaths of tens of thousands. Neither did the GOP. But George Bush did..............................


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Wanna tax the rich more? Watch your jobs be gone? Tax the rich less, just watch, more jobs will be available here in the states, where they are needed. However, just having a job doesn't entitle you to anything. You get your paycheck, yes, but you are not guaranteed to be taken care of for the rest of your life..........save your money, don't spend it all. You'll be doing yourself a favor......live on 80% of your income, and invest the rest. Sure, you won't have what the "neighbors" have, but you will be taking care of yourself. And, if you do that, then you can "invest" in the "big" companies that make so much profit, and you'll see a higher return on your money - in other words, you'll be able to retire and pay your own damn bills.




I totally agree; it amazes me that more people do not see this.

Small businesses are responsible for about 50% of private sector jobs in the US. Small business being employers with less than 500 employees. Let the owner pay less taxes, he can grow his business more easily. Yet, small businesses have a higher cost per employee than larger firms. The "rich" owners of these small businesses are who generate jobs; give them more money, it will trickle down.


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The CEO getting paid what he/she does is a part of the problem. The 'spend more' attitude is what cultivated these astronomical pay hikes...and then, you know, it's a nice thought to think the VP will sit there and say 'the guy above me just just an obscene amount of money that now vaults him well over me...and I could make a case for more...but I'll live with what I've got. In all likelihood, the VP wants a raise, so then the number three wants a raise, and pretty soon old Willie in the mailroom wants more. They are a product of the system which causes people to live outside their means...but they're the top of it.




That, phil, I will agree with!

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[Depending on who you are,he's helped. And yes,the personal debt load does play a huge key in this. Foreclosures are already at,or near record setting levels and expected to rise cMUCH further if interests rates rise any further.




And who's fault is that? I mean, if someone buys a house they can't afford, and they were dumb enough to buy it with a ARM, and the rates go up, is that really your fault, or my fault?
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I'm not into the huge political debates right now,or I'd go toe to toe over this issue. But if Soup thinks our government living off of borrowed money from China makes for a "good economy".so be it.




Well, as of now, I'm at the point of "I don't care". Why? because the u.s. gov't. can just do exactly what so many u.s. citizens are doing: that is: quit paying! Who says we need to pay china? What are they gonna do, invade the u.s.?

I mean, if it works for our citizens, why not let it work for our gov't.? (that was sarcastic - an attempt to show how personal bankruptcies hurt our country)


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But George Bush did..............................




Only because congress voted FOR it, as we've been over more times than I can count. Sorry, you call for accountabiltity on Bush's part, yet you pardon any non republican for their role in the Iraq war - that just doesn't wash, pit. Not here, in my house.

And further more, when the u.s. is attacked again, and we will be, make no mistake about it, please don't come back and say "it's Bush's fault". See, pit, the "bad" guys want us dead, but more than that, they want to see this country fail - everything about this country.

Don't "pardon" hundreds of congress people over their vote, while maintaining that Bush lied. That just doesn't fly. Congress had the same intel as Bush, and they voted for it, and we both know, as does most of the semi educated people in the u.s., that we don't go to war without congress' approval, so get off the "Bush lied" binge.

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If we ran our home budgets like the govenment runs it's budget....we'd be bankrupt...

They still haven't figured out they work for us,,, not the other way around. and the only thing you can do about it is vote them out.

So, if you don't like an elected official, make sure you do your part to get the word out about him or her and help to stop them from being re-elected...

Of course, Bush is done... but there are others that allowed Bush to do the things he's done... make sure you determine who in your area is that person and don't vote for them..


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Some have the "woe is me attitude", but the thing in my company's situtation is this...Because of September 11th., the airlines were HURTING to say the least...Some went bankrupt and fortunately ours didn't because we wanted to save our company. The company created a "Pull Together, Win Together" campaign because of the dire straits of the industry as a whole...The workforce with my airline gave 1.8 billion in concessions to save the airline, plus offered ideas to cut cost where needed. We are now entering the fourth straight quarter of profit where other airlines are just emerging from bamkruptcy...I'm grateful that I still have my job, mind you, but I took a $10,000 + pay cut in my salary when I wasn't making that much to begin with. My question is this, I am doing much of what archboldawg has stated. I have a 401(k), do without with what I would like to have and make due with what I have bought and paid for. I have done some other outside projects that will bring me some extra income for my household. Why should the management of my company all of a sudden get their salaries back, plus 160,000,000 dollars in bonuses for the quarter when the company has only been in the black for a year. They tell us "we" need new first class seats for our business travelers, new state of the art business centers and all of this costing millions upon millions of dollars, but they can get 160,000,000 in bonuses? When contract talks come up for all the workgroups starting this year, we'll be hearing the same old," We need to keep labor costs low and be able to save money in case we go through another tumultuous(?) situation again". It's easy to say, "just quit and find another job", but what happens when you put 16 years in your career and you are over 40? How about 50? There are some in my profession that are over 60. How do they start over? Now there are many colleagues that live WAY beyond their means, so I see where you are coming from, but not all people can just drop what they are doing and just start over. They have too much invested in their job, life and career. I know I'm not entitled to anything, but there used to be a saying that applied in America a long time ago," An honest day's work for an honest day's pay..."


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And in your example, I agree with you - it's about time they start paying the employees.

Just out of curiosity, can you tell me which airline you work for? Cause I sure don't want to fly on an airline that is paying 160 mil in bonuses to executives per quarter. And you did say $160 mil per quarter, right? (at least this last quarter).

I'd like to know the name of the ariline, number one, so I don't fly with them, and #2, so I can e-mail someone there and tell them WHY I won't fly with them.

thanks.

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I do know that people who make below 40k don't share Soups view for the most part,but like I said,depending on who you are,he may or may not be helping the economy in "your life".




I make 30k/year and live quit comfortably, even with the pile of debt I racked from student loans, credit cards etc during college. How? Because I do exactly as arch says, I live within my means. I don't go out and by gas guzzling suv's, buying a house I can't afford, spending hundreds on beer every weekend.

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Now, who's to say who's "struggling"? I know people that make under $30,000 per year, married and with kids, that are getting along just fine. Plenty of food, a decent house (not renting, OWNING), kids are dressed decent, etc.......I also know people that are making over $100,000.00 per year, where husband and wife both work, kids go to daycare, and they are struggling - primarily because they think they are "entitled" to whatever they want, since, you know, after all, they both work. And they need the 2 nice cars/suv's, plus, what would summers be without the lake cottage, and of course the boat and a sea doo.....

Sorry folks, I'm not one for feeling sorry for people like that, and I also don't begrudge the "rich" folks from doing what they want to. Sad fact is, so many people, a majority in my opinion, don't appreciate what they have, so they spend more, and that goes for people in the ghetto, and people living in "ritzy" neighborhoods as well...........It's the new "american way" "I have a job, I should be able to get whatever I want" attitude. B.S.

Live within your means. Don't complain about the CEO getting paid, you don't like the company you're with? Or the money you are making? Then grab your balls and go off to show a different company how you will help them, and trust me, they will hire you......quit sitting on your fanny complaining about what you DON'T have, and go out and get what you can - only catch is, if you can't improve a company, why would they hire you at a higher pay rate than the one you work for? Oh, yeah, that's right, we live in America, we are entitled to whatever we want, right? The old "my neighbor has this, so I should get it" mentality, right?






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You know folks this woe is me refrain is getting a bit much. We hear all the time that we are poorer than our parents and things will never return to the "good old days" The problem is that the "good old days" were never as good as we'd like to portray them.

The middle class in America attempts to live like the upper earning class and seems to be offended by the fact that their "underemployment" cannot support their lifestyle. So whose fault is that?
Our poverty level underemployed even have it considerably better than 50 years ago. Hell, a car and TVs and cellphones are staples of our lower class earners...go see how the Mexican poverty striken folks live- it is shameful.

Corporate America is all of us...not simply the board of directors and CEO,CFO positions. We all share in the investment holdings of the major corporations thru our retirement and 401 K and 403 B funds.

For Americans to expect the federal gov't to control their spending habits while the majority of us live on credit is hypocritical. Wait until Hillary Care is enacted and you then see how expensive "FREE" health care can be. The Prescription Drug Program of 2005/06 will prove to be as wasteful as the intial stages of the Iraqi occupation where we wanted to do the right thing but had no proper plan in place to dispurse aid.

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Quote:

Quote:

If somebody else wants to make the point that the middle class isn't doing well, let them make it.

If Pit wants to chime in, and he will... , about how the debt is artificially inflating the economy, let him...

All are potentially valid points to be discussed.. how the word "terrorist" even got into this is beyond me...




Yes,I'll chime in!

Depending on who you are,he's helped. And yes,the personal debt load does play a huge key in this. Foreclosures are already at,or near record setting levels and expected to rise cMUCH further if interests rates rise any further. And all the spending Bush has done? His spending proves he's NO consevative.

I'm not into the huge political debates right now,or I'd go toe to toe over this issue. But if Soup thinks our government living off of borrowed money from China makes for a "good economy".so be it.


I do know that people who make below 40k don't share Soups view for the most part,but like I said,depending on who you are,he may or may not be helping the economy in "your life".

I've always had a pretty good job from Carter through Bush,so while it has never really effected me on a personal basis no matter who has been president. But I do worry about the future of my country and our citizens.


And as far as the term "terrorist" goes?

The Dems didn't start a war based on falsehoods that has caused the deaths of tens of thousands. Neither did the GOP. But George Bush did..............................




Foreclosures are at a high because people were dumb enough to buy into arm loans. A guy tried to get me to do that and I laughed and said, "Why, so in 5 years you can make myinterest go from 4.5 to 12? That's just supid." He said, "We wouldn't do that," I laughed in his face. People complain about big corporations being greedy, and then fall for a "scam" like an arm loan and then go into foreclosure. Had they been smart they'd have listen to themselves about the greed and wouldn't be foreclosed currently.

As for the $40k statement, Prior to my job the past 2 years - the most I ever made in a year was $33k, I've owned my house for 6 years because I'm intelligent with money. I was making about $30k a year, it's a nice house in one of the most "upscale" areas. Living within your means gets you what you want

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lazy always=poor, but poor doesn't always =lazy, i know some guys i used to work with that were 60+ year old dishwashers, busted their asses and did everything required of them and then some, but just didn't have the faculties to achieve more. I truly believe you make your own destiny, but everyone needs a opportunity sometimes to achieve greater things.

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And I'll agree with that 100% as well - however, giving someone an opportunity is one thing - mandating that they must make it is totally different.

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No he hasn't destroyed the economy but somebody needs to put the brakes on his administration's red ink.

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The bonuses came out on April 18th, right when my company announced it's 1st quarter earnings. The management gets quarterly performance bonuses, but I am not certain it is always that large of an amount(it's a pretty good sum though)...American Airlines is the company. Our last CEO, Don Carty, had to resign in 2002 because of the poor business decisions he made, plus he hid $1,000,000 bonuses to top management while telling us we needed to "tighten our belts". When he resigned, he got a 13,000,000 dollar "golden parachute payout" from American. After all that, he still flies on American!!! Some nerve!!!

Last edited by Slimdog; 04/26/07 03:11 AM.

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Now with living at my means, making good investments towards when I retire at 65, I should have a good chunk of change in my 401(k). I'm not really counting my pension(airlines go bankrupt and close often) or my social security(may not be there when I hit 65. I'm 43). I rather struggle now and enjoy life later, then try to get everything I want now and have nothing to show for it 20 years from now.


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Quote:

Minimum wage workers, if they want, can get a 100% commission job and make more money - but that requires real work so they avoid it.




So people who do labor are not doing real work?? People who work their fingers to the bone to just scrape by are not doing real work? GMAB

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But I do worry about the future of my country and our citizens.







That is so unamerican of you


Like you said I cant complain to much. I have pretty good job that pays well over average for the industry( we make good money but so does the company, what a crazy thought) , fully paid health benefits( in todays world a rare thing) pension, and overall a nice place to work. I also know there is a line a mile long of people wanting to get in there full time. Which goes to show me there are a lot of people out there who want to work for their living but jobs like mine are far and few between anymore. The average job now seems to be the working poor type job. $7 ,$8 and no health benefits. kIND OF LIKE WORKING AT wAL mART.

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Hello Soup and Arch................


You guys are argueing the wrong point.


I know that people are responsible for their own actions. I know people buying houses they can't afford is stupid. I know it's their fault. It's also the fault of the lending institutions handing out loans like it's Free HOT DOG Sunday at the used car lot

But that wasn't my point at all. My point is how these foreclosures effect the economy. See,the losses on the part of lending institutions is what will hurt the economy. That was my point. If interest rates continue to rise,there will be more and more foreclosures on more and more,as Arch says "stupid people buying houses they can't afford"

Because LOTS of people are living way above their means and credit cards are a huge epidemic in this country. Plus TONS of people that bought homes with borderline credit. Those people couldn't get a "great" interest rate with marginal credit and do not have a fixed rate loan. Is that stupid? Well,I'll let you be the judge of that,but that's the truth of the matter.

So my point is,if interest rates continue to rise,all major banks and lending institutions will see a drastic increase in foreclosures and unpaid debt. And that will be very tough on the economy.

Now I do blame the people that get themselves into these situations. There's really nobody left to blame for their own decisions. But there was LOTS of money floating out there and a buying frenzy on the housing market. So a lot of lenders lowered their standards to make a lot of these loans.

So I'm not really planning to feel sorry for them for giving loans to people they must have known really weren't good risks to start with. Both sides of the coin should be held accountable for their decisions.

And my comment about "people who make under 40,000" has nothing to do with feeling sorry for anyone.But I'm sure some of you remember the information I posted how people making under 40,000 got smaller % raises and were falling behind while others were progressing at a much faster pace for some time now.

I'm not saying that they can't,or shouldn't budget and live within their means. I was just saying that the current economy has caused better results for some than others who work for a living. You guys got WAY off track somewhere.


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Quote:

Quote:

Minimum wage workers, if they want, can get a 100% commission job and make more money - but that requires real work so they avoid it.




So people who do labor are not doing real work?? People who work their fingers to the bone to just scrape by are not doing real work? GMAB

KING




I've never ever heard of a laborer making minimum wage (thinking in terms of construction) - they make really good money. You are going to have to give me your definition of laborer.

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