Obama, a liar and a bully, all in one press conference.

[txrattlesnake]

Kasz216 said:

txrattlesnake said:

Kasz216 said:

Pie chart for the above statement... partly to make Vagabond laugh if he comes back.

So assuming 30% of those people who could own stock are all rich friends of his.

The common man still makes $2 to $1 for every dollar apparently made by these guys.

 

      I consider myself a common man and I'm pretty sure that for every $4+ I was putting in my gas tank a couple of years ago another $1 to $2 wasn't mysteriously appearing back in my wallet.

 

Ok.  Here is a question.  Do you know how buisnesses work? 

Here is a quick quiz.

What happens to profits companies make... do they

A) Get reinvested into the company... which raises the value of the stock.  Which raises the money the stock is worth.  Which raises the value of the people who own the stock.  (The majority of the stock being owned by common middle to lower class people.)

B) Put in a big vault for the CEO to swim in.

C) Thrown in a furnace as an alternitive fuel.

When Oil comapnies do better... common people benefit more in stock prices then rich people.   This is ignoring the fact that a lot of the individual investors are likely middle class guys too.

It's the risky stocks that the rich people make a killing on and raise the gini coeeficient on.  The stuff that has a 65% chance of success and quadrupling your money... but a 35% chance of causing you to lose all your invested money.  That's the kind of ventures that the middle class can't get in on cause they need that money.  Unlike the rich who can play it like a game of roulette.

 

      How much money per year are you saying middle class people make?  If you're including people that make over $250,000.00 a year as middle class, then you're actually excluding most Americans from the middle.