By using this site, you agree to our Privacy Policy and our Terms of Use. Close

Forums - Politics - TED Talk - Nick Hanauer on Job Creation

Kasz216 said:
richardhutnik said:
Kasz216 said:

An interesting thing about Walmart is that is adopted a strategy of the lowest costs irregardless of everything else.  Sam Walton, when he was around, had low prices factored in with everything else.  Now Walmart decides to do low costs as its only factor.  Usually what happens in retail is that businesses start out on the low end and work their way up the food chain.  

I think the default to "let the government do it" comes from the government ending up is the solver of last resort, trying to manage the collective wishes of the public, because politicians get elected by getting votes.  End result, because of the relative insignificance of one person on all levels, is the problems end up in a collective pool, away from everyone.  You get more and more negative externalities built up, that no one can pinpoint anywhere.  It ends up systemic, and everyone seems powerless.  They expect that the government will make fair rules and enforce.  The thing is that the money on top lobbies to tip it in their favor.

A way to connect what I shared with the original post is that income inequality comes about from systemic issues that no one person is responsible for.  Yes, income goes up, but the system, as a byproduct of what happens in a country, results in the top knowing how the system works and also tweaking it in their favor.  The guy on the bottom gets subject to the whims of the fallout of globalization and ends on the short end of the stick.  And things get more and more out of hand.  Of course, in this, a few bucks will be thrown in by the powers that be to end up making people think it is fair, or chase after this rabbit or that, with issues that have some impact (like illegal immigration) ending up getting blown WAY out of proportions to distract.

I believe exploiting moral outrage is how politicians get elected, but they don't want to do anything about it really, just get reelected.

Rubio's comment here on immigration actually goes into how the game seems to work:

http://www.cnn.com/video/?hpt=hp_t2#/video/us/2012/05/24/lopez-marco-rubio-immigration.cnn

If that is true, but what you see on the GOP side is railing against abortion and gay marriage.  Idea isn't to affect change but "feel their pain".  I doubt the GOP really wants to get rid of abortion, because it gets votes.


I don't see Republicans as that smart.   I think they would get rid of abortion if they could.  I think the Democrats work that game on social issues, while the republicans do on economic issues.  Afterall republcians seem to only push abortion measures when they know they can win.  Democrats only push gay rights or women's rights issues when they know they will lose. (Or republicans will beat them to the punch in overturning a law.)

Democrats will however go along with dumb economic plans that are an issue (see healthcare "reform") and republicans will change the social issues.  (See all the ways they go out of there way to make abortion harder.)

Well some economic issues i should say.

Also, i'd disagree that income inequality is caused by the top knowing how the economy works and tweaking it to it's favor.  Actually, the group of people know as "The top" is VERY dynamic.  People make great forutnes and lose great fortunes.

 

What causes income inequality is simpler then that.  Expendable income.   The more money you have that you don't need, the more that can be invested in risky but likely to pay off ventures that are likely to pay off big.

 

Your average investor is saving up for their retirement so they invest in safe bets, something that's 85-90% to succeed and pay a sigle digit % per year.

 

Someone with expendable income?  They can bet on something with 40-70% to succeed but he chance to pay 20% or more.  If they lose, it was just expendable money anyway.  The error is that society only focuses on those who succeed and sees it as unfair... not focusing on those who fail.

Said group gets bigger and gets a "bigger share of the pie" because they're the ones who invested in the programs that created the extra wealth.   Not really a way to change that.  Not really sure such a thing should be changed.  Investors and those who ran the buisness naturally should be the ones to profit for creating the wealth.


Seems funny any proof someone throughs out, you make up non factual nonsense. Dude it's very clear your right wing. You don't have to agree with every single thing conservatives do but you do, over and over. I can say dude there going to kill someone for crackers and you would say, will in europe crackers caused aids, so that seems to be fine with me, O' wait a min, it's the  Dem said that. I mean the europeans are socialist arse's. C'mon brO! !!  It's clear you are biased.  you just breezed through acting if banks and wall st. had nothing to do with it. WOW!!!!!!!!! You know Citi Group the ones that got billions. I will reframe from banging my head against a wall. glass steagal had everything to do with it and on top of that, saying clinton doesn't make me feel any better. I don't praise a side as you do. I see the truth. I have studied the crash of 1929 and it was low tax's and banks that crashed us. Unregulated banks. Say it with me. The banks crashed us. GOOD!!!!!  Everyone is progressive/conservative/liberal etc, just depends on what. Stop seeing so black and white." Op! started banging my head."

 

SO why did we need to compete with erurope when we where are the top of the world when clinton was in office. Oh yea clinton is a corporatist and the money was to good. It was predicted ten years time on the house floor that we where going to crash from removing glass steagal, DURING THE REPEAL. thank god most republicans are old, not long until there gone. lol



Around the Network
bannedagain said:
Kasz216 said:
richardhutnik said:
Kasz216 said:

An interesting thing about Walmart is that is adopted a strategy of the lowest costs irregardless of everything else.  Sam Walton, when he was around, had low prices factored in with everything else.  Now Walmart decides to do low costs as its only factor.  Usually what happens in retail is that businesses start out on the low end and work their way up the food chain.  

I think the default to "let the government do it" comes from the government ending up is the solver of last resort, trying to manage the collective wishes of the public, because politicians get elected by getting votes.  End result, because of the relative insignificance of one person on all levels, is the problems end up in a collective pool, away from everyone.  You get more and more negative externalities built up, that no one can pinpoint anywhere.  It ends up systemic, and everyone seems powerless.  They expect that the government will make fair rules and enforce.  The thing is that the money on top lobbies to tip it in their favor.

A way to connect what I shared with the original post is that income inequality comes about from systemic issues that no one person is responsible for.  Yes, income goes up, but the system, as a byproduct of what happens in a country, results in the top knowing how the system works and also tweaking it in their favor.  The guy on the bottom gets subject to the whims of the fallout of globalization and ends on the short end of the stick.  And things get more and more out of hand.  Of course, in this, a few bucks will be thrown in by the powers that be to end up making people think it is fair, or chase after this rabbit or that, with issues that have some impact (like illegal immigration) ending up getting blown WAY out of proportions to distract.

I believe exploiting moral outrage is how politicians get elected, but they don't want to do anything about it really, just get reelected.

Rubio's comment here on immigration actually goes into how the game seems to work:

http://www.cnn.com/video/?hpt=hp_t2#/video/us/2012/05/24/lopez-marco-rubio-immigration.cnn

If that is true, but what you see on the GOP side is railing against abortion and gay marriage.  Idea isn't to affect change but "feel their pain".  I doubt the GOP really wants to get rid of abortion, because it gets votes.


I don't see Republicans as that smart.   I think they would get rid of abortion if they could.  I think the Democrats work that game on social issues, while the republicans do on economic issues.  Afterall republcians seem to only push abortion measures when they know they can win.  Democrats only push gay rights or women's rights issues when they know they will lose. (Or republicans will beat them to the punch in overturning a law.)

Democrats will however go along with dumb economic plans that are an issue (see healthcare "reform") and republicans will change the social issues.  (See all the ways they go out of there way to make abortion harder.)

Well some economic issues i should say.

Also, i'd disagree that income inequality is caused by the top knowing how the economy works and tweaking it to it's favor.  Actually, the group of people know as "The top" is VERY dynamic.  People make great forutnes and lose great fortunes.

 

What causes income inequality is simpler then that.  Expendable income.   The more money you have that you don't need, the more that can be invested in risky but likely to pay off ventures that are likely to pay off big.

 

Your average investor is saving up for their retirement so they invest in safe bets, something that's 85-90% to succeed and pay a sigle digit % per year.

 

Someone with expendable income?  They can bet on something with 40-70% to succeed but he chance to pay 20% or more.  If they lose, it was just expendable money anyway.  The error is that society only focuses on those who succeed and sees it as unfair... not focusing on those who fail.

Said group gets bigger and gets a "bigger share of the pie" because they're the ones who invested in the programs that created the extra wealth.   Not really a way to change that.  Not really sure such a thing should be changed.  Investors and those who ran the buisness naturally should be the ones to profit for creating the wealth.


Seems funny any proof someone throughs out, you make up non factual nonsense. Dude it's very clear your right wing. You don't have to agree with every single thing conservatives do but you do, over and over. I can say dude there going to kill someone for crackers and you would say, will in europe crackers caused aids, so that seems to be fine with me, O' wait a min, it's the  Dem said that. I mean the europeans are socialist arse's. C'mon brO! !!  It's clear you are biased.  you just breezed through acting if banks and wall st. had nothing to do with it. WOW!!!!!!!!! You know Citi Group the ones that got billions. I will reframe from banging my head against a wall. glass steagal had everything to do with it and on top of that, saying clinton doesn't make me feel any better. I don't praise a side as you do. I see the truth. I have studied the crash of 1929 and it was low tax's and banks that crashed us. Unregulated banks. Say it with me. The banks crashed us. GOOD!!!!!  Everyone is progressive/conservative/liberal etc, just depends on what. Stop seeing so black and white." Op! started banging my head."

 

SO why did we need to compete with erurope when we where are the top of the world when clinton was in office. Oh yea clinton is a corporatist and the money was to good. It was predicted ten years time on the house floor that we where going to crash from removing glass steagal, DURING THE REPEAL. thank god most republicans are old, not long until there gone. lo

 Just show him this. Don't waste your time. GOOD VIDEO.



bannedagain said:
Kasz216 said:
richardhutnik said:
Kasz216 said:

An interesting thing about Walmart is that is adopted a strategy of the lowest costs irregardless of everything else.  Sam Walton, when he was around, had low prices factored in with everything else.  Now Walmart decides to do low costs as its only factor.  Usually what happens in retail is that businesses start out on the low end and work their way up the food chain.  

I think the default to "let the government do it" comes from the government ending up is the solver of last resort, trying to manage the collective wishes of the public, because politicians get elected by getting votes.  End result, because of the relative insignificance of one person on all levels, is the problems end up in a collective pool, away from everyone.  You get more and more negative externalities built up, that no one can pinpoint anywhere.  It ends up systemic, and everyone seems powerless.  They expect that the government will make fair rules and enforce.  The thing is that the money on top lobbies to tip it in their favor.

A way to connect what I shared with the original post is that income inequality comes about from systemic issues that no one person is responsible for.  Yes, income goes up, but the system, as a byproduct of what happens in a country, results in the top knowing how the system works and also tweaking it in their favor.  The guy on the bottom gets subject to the whims of the fallout of globalization and ends on the short end of the stick.  And things get more and more out of hand.  Of course, in this, a few bucks will be thrown in by the powers that be to end up making people think it is fair, or chase after this rabbit or that, with issues that have some impact (like illegal immigration) ending up getting blown WAY out of proportions to distract.

I believe exploiting moral outrage is how politicians get elected, but they don't want to do anything about it really, just get reelected.

Rubio's comment here on immigration actually goes into how the game seems to work:

http://www.cnn.com/video/?hpt=hp_t2#/video/us/2012/05/24/lopez-marco-rubio-immigration.cnn

If that is true, but what you see on the GOP side is railing against abortion and gay marriage.  Idea isn't to affect change but "feel their pain".  I doubt the GOP really wants to get rid of abortion, because it gets votes.


I don't see Republicans as that smart.   I think they would get rid of abortion if they could.  I think the Democrats work that game on social issues, while the republicans do on economic issues.  Afterall republcians seem to only push abortion measures when they know they can win.  Democrats only push gay rights or women's rights issues when they know they will lose. (Or republicans will beat them to the punch in overturning a law.)

Democrats will however go along with dumb economic plans that are an issue (see healthcare "reform") and republicans will change the social issues.  (See all the ways they go out of there way to make abortion harder.)

Well some economic issues i should say.

Also, i'd disagree that income inequality is caused by the top knowing how the economy works and tweaking it to it's favor.  Actually, the group of people know as "The top" is VERY dynamic.  People make great forutnes and lose great fortunes.

 

What causes income inequality is simpler then that.  Expendable income.   The more money you have that you don't need, the more that can be invested in risky but likely to pay off ventures that are likely to pay off big.

 

Your average investor is saving up for their retirement so they invest in safe bets, something that's 85-90% to succeed and pay a sigle digit % per year.

 

Someone with expendable income?  They can bet on something with 40-70% to succeed but he chance to pay 20% or more.  If they lose, it was just expendable money anyway.  The error is that society only focuses on those who succeed and sees it as unfair... not focusing on those who fail.

Said group gets bigger and gets a "bigger share of the pie" because they're the ones who invested in the programs that created the extra wealth.   Not really a way to change that.  Not really sure such a thing should be changed.  Investors and those who ran the buisness naturally should be the ones to profit for creating the wealth.


Seems funny any proof someone throughs out, you make up non factual nonsense. Dude it's very clear your right wing. You don't have to agree with every single thing conservatives do but you do, over and over. I can say dude there going to kill someone for crackers and you would say, will in europe crackers caused aids, so that seems to be fine with me, O' wait a min, it's the  Dem said that. I mean the europeans are socialist arse's. C'mon brO! !!  It's clear you are biased.  you just breezed through acting if banks and wall st. had nothing to do with it. WOW!!!!!!!!! You know Citi Group the ones that got billions. I will reframe from banging my head against a wall. glass steagal had everything to do with it and on top of that, saying clinton doesn't make me feel any better. I don't praise a side as you do. I see the truth. I have studied the crash of 1929 and it was low tax's and banks that crashed us. Unregulated banks. Say it with me. The banks crashed us. GOOD!!!!!  Everyone is progressive/conservative/liberal etc, just depends on what. Stop seeing so black and white." Op! started banging my head."

 

SO why did we need to compete with erurope when we where are the top of the world when clinton was in office. Oh yea clinton is a corporatist and the money was to good. It was predicted ten years time on the house floor that we where going to crash from removing glass steagal, DURING THE REPEAL. thank god most republicans are old, not long until there gone. lol


1) You seem to think CNN is a rightwing leaning source... and for that matter Bill Clinton.  I'd suggest that would make you biased.

Ask Bill Clinton if Glass Steagal caused the current financial crisis... he'd say no.  In fact... he has said no.

"They're wrong in saying that the elimination of the Glass-Steagall division between banks and investment banks contributed to this. Investment banks were already...banks were already doing investment business and investment companies were already in the banking business."

Bill Clinton is not right wing... yet he agrees with me.  Go figure.

If Glass-Stegal's repeal is what caused the financial crisis, again, why didn't this happen in europe sooner?  Which never had such regualtions?  What has kept them free of super depressions?  Furthermore, why were the banks that crashed us into this mess pretty much all exclusivily investment banks who had nothing to do with consumer banks anyway?  Banks whose actions were completely unaffected by Glass Steagal.

Why did we need to compete with europe?  Because they are the leaders in international lending.  As much as we like to think of New York as the financial capital of the world, it's really London.

 

2) As for the Great depression.   You didn't actually give any reasons... you just said random catchphrase words.

Low Taxes?  That's just... silly.  How did low taxes create the great depression?  I'd like to see the explination behind that.  I mean, I'm not sure what economic theory lead you to that conclusion.  It sure wasn't anything Keynes or any other economist wrote....

Banks failed, that was a part of the great depression and why the FDIC was created.  Which still exists.

Bank failed because of the stockmarket crash and that they gave out around $10 in loans for every $1 in deposists. 

Suddenly nobody had any money to pay there loans.  Bankers called in loans, loans failed.  Banks failed.

The great depression was caused by the Stockmarket crash and people not being able to pay back there loans.

Pretty much all depressions and recessions are caused by banks giving out too many bad loans.

 

Unregularted Banks were an issue,(with the stock market crash) but nothing with what Glass Stegal was involved with.  That was covered with the Securities Acts.



Kasz216 said:
bannedagain said:
Kasz216 said:
richardhutnik said:
Kasz216 said:

An interesting thing about Walmart is that is adopted a strategy of the lowest costs irregardless of everything else.  Sam Walton, when he was around, had low prices factored in with everything else.  Now Walmart decides to do low costs as its only factor.  Usually what happens in retail is that businesses start out on the low end and work their way up the food chain.  

I think the default to "let the government do it" comes from the government ending up is the solver of last resort, trying to manage the collective wishes of the public, because politicians get elected by getting votes.  End result, because of the relative insignificance of one person on all levels, is the problems end up in a collective pool, away from everyone.  You get more and more negative externalities built up, that no one can pinpoint anywhere.  It ends up systemic, and everyone seems powerless.  They expect that the government will make fair rules and enforce.  The thing is that the money on top lobbies to tip it in their favor.

A way to connect what I shared with the original post is that income inequality comes about from systemic issues that no one person is responsible for.  Yes, income goes up, but the system, as a byproduct of what happens in a country, results in the top knowing how the system works and also tweaking it in their favor.  The guy on the bottom gets subject to the whims of the fallout of globalization and ends on the short end of the stick.  And things get more and more out of hand.  Of course, in this, a few bucks will be thrown in by the powers that be to end up making people think it is fair, or chase after this rabbit or that, with issues that have some impact (like illegal immigration) ending up getting blown WAY out of proportions to distract.

I believe exploiting moral outrage is how politicians get elected, but they don't want to do anything about it really, just get reelected.

Rubio's comment here on immigration actually goes into how the game seems to work:

http://www.cnn.com/video/?hpt=hp_t2#/video/us/2012/05/24/lopez-marco-rubio-immigration.cnn

If that is true, but what you see on the GOP side is railing against abortion and gay marriage.  Idea isn't to affect change but "feel their pain".  I doubt the GOP really wants to get rid of abortion, because it gets votes.


I don't see Republicans as that smart.   I think they would get rid of abortion if they could.  I think the Democrats work that game on social issues, while the republicans do on economic issues.  Afterall republcians seem to only push abortion measures when they know they can win.  Democrats only push gay rights or women's rights issues when they know they will lose. (Or republicans will beat them to the punch in overturning a law.)

Democrats will however go along with dumb economic plans that are an issue (see healthcare "reform") and republicans will change the social issues.  (See all the ways they go out of there way to make abortion harder.)

Well some economic issues i should say.

Also, i'd disagree that income inequality is caused by the top knowing how the economy works and tweaking it to it's favor.  Actually, the group of people know as "The top" is VERY dynamic.  People make great forutnes and lose great fortunes.

 

What causes income inequality is simpler then that.  Expendable income.   The more money you have that you don't need, the more that can be invested in risky but likely to pay off ventures that are likely to pay off big.

 

Your average investor is saving up for their retirement so they invest in safe bets, something that's 85-90% to succeed and pay a sigle digit % per year.

 

Someone with expendable income?  They can bet on something with 40-70% to succeed but he chance to pay 20% or more.  If they lose, it was just expendable money anyway.  The error is that society only focuses on those who succeed and sees it as unfair... not focusing on those who fail.

Said group gets bigger and gets a "bigger share of the pie" because they're the ones who invested in the programs that created the extra wealth.   Not really a way to change that.  Not really sure such a thing should be changed.  Investors and those who ran the buisness naturally should be the ones to profit for creating the wealth.


Seems funny any proof someone throughs out, you make up non factual nonsense. Dude it's very clear your right wing. You don't have to agree with every single thing conservatives do but you do, over and over. I can say dude there going to kill someone for crackers and you would say, will in europe crackers caused aids, so that seems to be fine with me, O' wait a min, it's the  Dem said that. I mean the europeans are socialist arse's. C'mon brO! !!  It's clear you are biased.  you just breezed through acting if banks and wall st. had nothing to do with it. WOW!!!!!!!!! You know Citi Group the ones that got billions. I will reframe from banging my head against a wall. glass steagal had everything to do with it and on top of that, saying clinton doesn't make me feel any better. I don't praise a side as you do. I see the truth. I have studied the crash of 1929 and it was low tax's and banks that crashed us. Unregulated banks. Say it with me. The banks crashed us. GOOD!!!!!  Everyone is progressive/conservative/liberal etc, just depends on what. Stop seeing so black and white." Op! started banging my head."

 

SO why did we need to compete with erurope when we where are the top of the world when clinton was in office. Oh yea clinton is a corporatist and the money was to good. It was predicted ten years time on the house floor that we where going to crash from removing glass steagal, DURING THE REPEAL. thank god most republicans are old, not long until there gone. lol


1) You seem to think CNN is a rightwing leaning source... and for that matter Bill Clinton.  I'd suggest that would make you biased.

Ask Bill Clinton if Glass Steagal caused the current financial crisis... he'd say no.  In fact... he has said no.

"They're wrong in saying that the elimination of the Glass-Steagall division between banks and investment banks contributed to this. Investment banks were already...banks were already doing investment business and investment companies were already in the banking business."

Bill Clinton is not right wing... yet he agrees with me.  Go figure.

If Glass-Stegal's repeal is what caused the financial crisis, again, why didn't this happen in europe sooner?  Which never had such regualtions?  What has kept them free of super depressions?  Furthermore, why were the banks that crashed us into this mess pretty much all exclusivily investment banks who had nothing to do with consumer banks anyway?  Banks whose actions were completely unaffected by Glass Steagal.

Why did we need to compete with europe?  Because they are the leaders in international lending.  As much as we like to think of New York as the financial capital of the world, it's really London.

 

2) As for the Great depression.   You didn't actually give any reasons... you just said random catchphrase words.

Low Taxes?  That's just... silly.  How did low taxes create the great depression?  I'd like to see the explination behind that.  I mean, I'm not sure what economic theory lead you to that conclusion.  It sure wasn't anything Keynes or any other economist wrote....

Banks failed, that was a part of the great depression and why the FDIC was created.  Which still exists.

Bank failed because of the stockmarket crash and that they gave out around $10 in loans for every $1 in deposists. 

Suddenly nobody had any money to pay there loans.  Bankers called in loans, loans failed.  Banks failed.

The great depression was caused by the Stockmarket crash and people not being able to pay back there loans.

Pretty much all depressions and recessions are caused by banks giving out too many bad loans.

The removal of glass steagal was a right wing move, also NAFTA. Deregulation was a major reason for the crash. Amoung all the dumb things bush did.  Clinton did move to the middle and to the right in his last years.



easyrider said:
bannedagain said:
Kasz216 said:
richardhutnik said:
Kasz216 said:

An interesting thing about Walmart is that is adopted a strategy of the lowest costs irregardless of everything else.  Sam Walton, when he was around, had low prices factored in with everything else.  Now Walmart decides to do low costs as its only factor.  Usually what happens in retail is that businesses start out on the low end and work their way up the food chain.  

I think the default to "let the government do it" comes from the government ending up is the solver of last resort, trying to manage the collective wishes of the public, because politicians get elected by getting votes.  End result, because of the relative insignificance of one person on all levels, is the problems end up in a collective pool, away from everyone.  You get more and more negative externalities built up, that no one can pinpoint anywhere.  It ends up systemic, and everyone seems powerless.  They expect that the government will make fair rules and enforce.  The thing is that the money on top lobbies to tip it in their favor.

A way to connect what I shared with the original post is that income inequality comes about from systemic issues that no one person is responsible for.  Yes, income goes up, but the system, as a byproduct of what happens in a country, results in the top knowing how the system works and also tweaking it in their favor.  The guy on the bottom gets subject to the whims of the fallout of globalization and ends on the short end of the stick.  And things get more and more out of hand.  Of course, in this, a few bucks will be thrown in by the powers that be to end up making people think it is fair, or chase after this rabbit or that, with issues that have some impact (like illegal immigration) ending up getting blown WAY out of proportions to distract.

I believe exploiting moral outrage is how politicians get elected, but they don't want to do anything about it really, just get reelected.

Rubio's comment here on immigration actually goes into how the game seems to work:

http://www.cnn.com/video/?hpt=hp_t2#/video/us/2012/05/24/lopez-marco-rubio-immigration.cnn

If that is true, but what you see on the GOP side is railing against abortion and gay marriage.  Idea isn't to affect change but "feel their pain".  I doubt the GOP really wants to get rid of abortion, because it gets votes.


I don't see Republicans as that smart.   I think they would get rid of abortion if they could.  I think the Democrats work that game on social issues, while the republicans do on economic issues.  Afterall republcians seem to only push abortion measures when they know they can win.  Democrats only push gay rights or women's rights issues when they know they will lose. (Or republicans will beat them to the punch in overturning a law.)

Democrats will however go along with dumb economic plans that are an issue (see healthcare "reform") and republicans will change the social issues.  (See all the ways they go out of there way to make abortion harder.)

Well some economic issues i should say.

Also, i'd disagree that income inequality is caused by the top knowing how the economy works and tweaking it to it's favor.  Actually, the group of people know as "The top" is VERY dynamic.  People make great forutnes and lose great fortunes.

 

What causes income inequality is simpler then that.  Expendable income.   The more money you have that you don't need, the more that can be invested in risky but likely to pay off ventures that are likely to pay off big.

 

Your average investor is saving up for their retirement so they invest in safe bets, something that's 85-90% to succeed and pay a sigle digit % per year.

 

Someone with expendable income?  They can bet on something with 40-70% to succeed but he chance to pay 20% or more.  If they lose, it was just expendable money anyway.  The error is that society only focuses on those who succeed and sees it as unfair... not focusing on those who fail.

Said group gets bigger and gets a "bigger share of the pie" because they're the ones who invested in the programs that created the extra wealth.   Not really a way to change that.  Not really sure such a thing should be changed.  Investors and those who ran the buisness naturally should be the ones to profit for creating the wealth.


Seems funny any proof someone throughs out, you make up non factual nonsense. Dude it's very clear your right wing. You don't have to agree with every single thing conservatives do but you do, over and over. I can say dude there going to kill someone for crackers and you would say, will in europe crackers caused aids, so that seems to be fine with me, O' wait a min, it's the  Dem said that. I mean the europeans are socialist arse's. C'mon brO! !!  It's clear you are biased.  you just breezed through acting if banks and wall st. had nothing to do with it. WOW!!!!!!!!! You know Citi Group the ones that got billions. I will reframe from banging my head against a wall. glass steagal had everything to do with it and on top of that, saying clinton doesn't make me feel any better. I don't praise a side as you do. I see the truth. I have studied the crash of 1929 and it was low tax's and banks that crashed us. Unregulated banks. Say it with me. The banks crashed us. GOOD!!!!!  Everyone is progressive/conservative/liberal etc, just depends on what. Stop seeing so black and white." Op! started banging my head."

 

SO why did we need to compete with erurope when we where are the top of the world when clinton was in office. Oh yea clinton is a corporatist and the money was to good. It was predicted ten years time on the house floor that we where going to crash from removing glass steagal, DURING THE REPEAL. thank god most republicans are old, not long until there gone. lo

 Just show him this. Don't waste your time. GOOD VIDEO.

It may be worth watching, but reality is, Occupy doesn't even know why it Occupys.  Heck, it doesn't even know anything.  In Poughkeepsie, Occupy ended with them putting flowers an dirt on the sidewalk, with "More to come" as a sign.  Losing the park, and having permission to be there until 11 pm, no one would bother to show up even holding signs (oh there was the guy banging drums yelling out "Freedom").  Poughkeepsie is common for a lot of places.  Flat out, they don't know why they Occupy.  They just went with a camping in park fad and went away.  What it should be about is issues regarding income inequality, corruption in Wall Street (FUBAR like Facebook fiasco), and also money in politics.  It became anything but that, right down to people feeling the issue was the right to do drugs in parks.  And I know one person, who on principle, felt that there shouldn't be any traffic lights, because he would drive through every single red light he could, so long as the cops didn't show up.  Oh, and those who cried out for leadership, are the ones who generally were bullies.  One guy I know of said Occupy didn't have volunteers, it had employees.  This individual ended up persona non-gratis in a nearby county so he would come to Poughkeepsie and try to organize stuff.  Pretty much he drained all morale out, and then got frustrated and left.

Oh well, so much for me thinking Occupy would of been Operation Empire State Rebellion where they were going to siege the Fed (Guess what, Zuccotti Park is right near the NYC branch of the Fed).  Live and learn.  Issues get missed totally here.



Around the Network
Kasz216 said:
richardhutnik said:

Rubio's comment here on immigration actually goes into how the game seems to work:

http://www.cnn.com/video/?hpt=hp_t2#/video/us/2012/05/24/lopez-marco-rubio-immigration.cnn

If that is true, but what you see on the GOP side is railing against abortion and gay marriage.  Idea isn't to affect change but "feel their pain".  I doubt the GOP really wants to get rid of abortion, because it gets votes.


I don't see Republicans as that smart.   I think they would get rid of abortion if they could.  I think the Democrats work that game on social issues, while the republicans do on economic issues.  Afterall republcians seem to only push abortion measures when they know they can win.  Democrats only push gay rights or women's rights issues when they know they will lose. (Or republicans will beat them to the punch in overturning a law.)

Democrats will however go along with dumb economic plans that are an issue (see healthcare "reform") and republicans will change the social issues.  (See all the ways they go out of there way to make abortion harder.)

Not an issue of smart of anything, but what Rubio said does sum up the way things are.  Politicians live to get elected, first running under the delusion they think they can make a difference.  They realize they aren't really able to, so then staying in power ends up the top thing.  And sometimes they just stumble into vote getting things.  Abortion, and gay marriage, are two used to get votes.  Those two are bones the GOP votes out to get certain voters, who will vote against their own economic interests, just to have those agenda past, eventhough the GOP likely knows nothing will come about.  And it really isn't whether or not it succeeds, it is a "principles" thing.  It ends up being like Ron Paul in the House of Representatives, in that you pass earmarks to get reelected, and then say you vote against everything to end up getting reputation of being a principled Dr. No.  Then thrown in a playing to the wings with newsletetrs.

By the way, you spoke of the top being very fluid.  The 1% of the 1% is very fluid.  Even the top 10% is somewhat.  But going from the bottom 25% to the 1% is next to impossible actially.  There is fluidity on top.  As for anywhere else, not really.  The distance you have to climb, for one thing, is much, much larger.



richardhutnik said:
easyrider said:
bannedagain said:
Kasz216 said:
richardhutnik said:
Kasz216 said:

An interesting thing about Walmart is that is adopted a strategy of the lowest costs irregardless of everything else.  Sam Walton, when he was around, had low prices factored in with everything else.  Now Walmart decides to do low costs as its only factor.  Usually what happens in retail is that businesses start out on the low end and work their way up the food chain.  

I think the default to "let the government do it" comes from the government ending up is the solver of last resort, trying to manage the collective wishes of the public, because politicians get elected by getting votes.  End result, because of the relative insignificance of one person on all levels, is the problems end up in a collective pool, away from everyone.  You get more and more negative externalities built up, that no one can pinpoint anywhere.  It ends up systemic, and everyone seems powerless.  They expect that the government will make fair rules and enforce.  The thing is that the money on top lobbies to tip it in their favor.

A way to connect what I shared with the original post is that income inequality comes about from systemic issues that no one person is responsible for.  Yes, income goes up, but the system, as a byproduct of what happens in a country, results in the top knowing how the system works and also tweaking it in their favor.  The guy on the bottom gets subject to the whims of the fallout of globalization and ends on the short end of the stick.  And things get more and more out of hand.  Of course, in this, a few bucks will be thrown in by the powers that be to end up making people think it is fair, or chase after this rabbit or that, with issues that have some impact (like illegal immigration) ending up getting blown WAY out of proportions to distract.

I believe exploiting moral outrage is how politicians get elected, but they don't want to do anything about it really, just get reelected.

Rubio's comment here on immigration actually goes into how the game seems to work:

http://www.cnn.com/video/?hpt=hp_t2#/video/us/2012/05/24/lopez-marco-rubio-immigration.cnn

If that is true, but what you see on the GOP side is railing against abortion and gay marriage.  Idea isn't to affect change but "feel their pain".  I doubt the GOP really wants to get rid of abortion, because it gets votes.


I don't see Republicans as that smart.   I think they would get rid of abortion if they could.  I think the Democrats work that game on social issues, while the republicans do on economic issues.  Afterall republcians seem to only push abortion measures when they know they can win.  Democrats only push gay rights or women's rights issues when they know they will lose. (Or republicans will beat them to the punch in overturning a law.)

Democrats will however go along with dumb economic plans that are an issue (see healthcare "reform") and republicans will change the social issues.  (See all the ways they go out of there way to make abortion harder.)

Well some economic issues i should say.

Also, i'd disagree that income inequality is caused by the top knowing how the economy works and tweaking it to it's favor.  Actually, the group of people know as "The top" is VERY dynamic.  People make great forutnes and lose great fortunes.

 

What causes income inequality is simpler then that.  Expendable income.   The more money you have that you don't need, the more that can be invested in risky but likely to pay off ventures that are likely to pay off big.

 

Your average investor is saving up for their retirement so they invest in safe bets, something that's 85-90% to succeed and pay a sigle digit % per year.

 

Someone with expendable income?  They can bet on something with 40-70% to succeed but he chance to pay 20% or more.  If they lose, it was just expendable money anyway.  The error is that society only focuses on those who succeed and sees it as unfair... not focusing on those who fail.

Said group gets bigger and gets a "bigger share of the pie" because they're the ones who invested in the programs that created the extra wealth.   Not really a way to change that.  Not really sure such a thing should be changed.  Investors and those who ran the buisness naturally should be the ones to profit for creating the wealth.


Seems funny any proof someone throughs out, you make up non factual nonsense. Dude it's very clear your right wing. You don't have to agree with every single thing conservatives do but you do, over and over. I can say dude there going to kill someone for crackers and you would say, will in europe crackers caused aids, so that seems to be fine with me, O' wait a min, it's the  Dem said that. I mean the europeans are socialist arse's. C'mon brO! !!  It's clear you are biased.  you just breezed through acting if banks and wall st. had nothing to do with it. WOW!!!!!!!!! You know Citi Group the ones that got billions. I will reframe from banging my head against a wall. glass steagal had everything to do with it and on top of that, saying clinton doesn't make me feel any better. I don't praise a side as you do. I see the truth. I have studied the crash of 1929 and it was low tax's and banks that crashed us. Unregulated banks. Say it with me. The banks crashed us. GOOD!!!!!  Everyone is progressive/conservative/liberal etc, just depends on what. Stop seeing so black and white." Op! started banging my head."

 

SO why did we need to compete with erurope when we where are the top of the world when clinton was in office. Oh yea clinton is a corporatist and the money was to good. It was predicted ten years time on the house floor that we where going to crash from removing glass steagal, DURING THE REPEAL. thank god most republicans are old, not long until there gone. lo

 Just show him this. Don't waste your time. GOOD VIDEO.

It may be worth watching, but reality is, Occupy doesn't even know why it Occupys.  Heck, it doesn't even know anything.  In Poughkeepsie, Occupy ended with them putting flowers an dirt on the sidewalk, with "More to come" as a sign.  Losing the park, and having permission to be there until 11 pm, no one would bother to show up even holding signs (oh there was the guy banging drums yelling out "Freedom").  Poughkeepsie is common for a lot of places.  Flat out, they don't know why they Occupy.  They just went with a camping in park fad and went away.  What it should be about is issues regarding income inequality, corruption in Wall Street (FUBAR like Facebook fiasco), and also money in politics.  It became anything but that, right down to people feeling the issue was the right to do drugs in parks.  And I know one person, who on principle, felt that there shouldn't be any traffic lights, because he would drive through every single red light he could, so long as the cops didn't show up.  Oh, and those who cried out for leadership, are the ones who generally were bullies.  One guy I know of said Occupy didn't have volunteers, it had employees.  This individual ended up persona non-gratis in a nearby county so he would come to Poughkeepsie and try to organize stuff.  Pretty much he drained all morale out, and then got frustrated and left.

Oh well, so much for me thinking Occupy would of been Operation Empire State Rebellion where they were going to siege the Fed (Guess what, Zuccotti Park is right near the NYC branch of the Fed).  Live and learn.  Issues get missed totally here.

Now this will be why I stop talking to you. Non like the others I know when someone is not informed. One of the major starting points for the occupy movement was Citizens United Ruling, plus glass steagal as in the video and tax fairness. You are the lost one my friend. You never been to a occupy. you choose what you wanted to see and ran with it. Metaphor = Just like racist do when they see a person of other color or sexual preference. Funny you want to see something.   Chicago nato - occupy  just this past week. 10's of thousands. So what where you saying? The corporately owned news stations you watch told you what??? LMFAO!!!   this just proves that the movement you thought was gone is way bigger then you ever expected. This movement is about people being sick of the corruption. There are so many problems thats why no Occupier will give you a single answer. There sick of it all, not just your right wing agenda. To the corporate democrates to the corporately owned republicans and whats funny is you don't see this at all. Occupiers do.                                                                                                                                               



easyrider said:
richardhutnik said:
easyrider said:
bannedagain said:
Kasz216 said:
richardhutnik said:
Kasz216 said:

 

 

 

 Just show him this. Don't waste your time. GOOD VIDEO.

 

Now this will be why I stop talking to you. Non like the others I know when someone is not informed. One of the major starting points for the occupy movement was Citizens United Ruling, plus glass steagal as in the video and tax fairness. You are the lost one my friend. You never been to a occupy. you choose what you wanted to see and ran with it. Metaphor = Just like racist do when they see a person of other color or sexual preference. Funny you want to see something.   Chicago nato - occupy  just this past week. 10's of thousands. So what where you saying? The corporately owned news stations you watch told you what??? LMFAO!!!   this just proves that the movement you thought was gone is way bigger then you ever expected. This movement is about people being sick of the corruption. There are so many problems thats why no Occupier will give you a single answer. There sick of it all, not just your right wing agenda. To the corporate democrates to the corporately owned republicans and whats funny is you don't see this at all. Occupiers do.                                                                                                                                               

Thought you said don't waste my time? Well after you and rich I don't need to. CHicken Crap!!!

 



bannedagain said:
easyrider said:
richardhutnik said:
easyrider said:
bannedagain said:
Kasz216 said:
richardhutnik said:
Kasz216 said:

 

 

 

 Just show him this. Don't waste your time. GOOD VIDEO.

 

Now this will be why I stop talking to you. Non like the others I know when someone is not informed. One of the major starting points for the occupy movement was Citizens United Ruling, plus glass steagal as in the video and tax fairness. You are the lost one my friend. You never been to a occupy. you choose what you wanted to see and ran with it. Metaphor = Just like racist do when they see a person of other color or sexual preference. Funny you want to see something.   Chicago nato - occupy  just this past week. 10's of thousands. So what where you saying? The corporately owned news stations you watch told you what??? LMFAO!!!   this just proves that the movement you thought was gone is way bigger then you ever expected. This movement is about people being sick of the corruption. There are so many problems thats why no Occupier will give you a single answer. There sick of it all, not just your right wing agenda. To the corporate democrates to the corporately owned republicans and whats funny is you don't see this at all. Occupiers do.                                                                                                                                               

Thought you said don't waste my time? Well after you and rich I don't need to. CHicken Crap!!!

 

Your welcom!



easyrider said:
Kasz216 said:
bannedagain said:
Kasz216 said:
richardhutnik said:
Kasz216 said:

An interesting thing about Walmart is that is adopted a strategy of the lowest costs irregardless of everything else.  Sam Walton, when he was around, had low prices factored in with everything else.  Now Walmart decides to do low costs as its only factor.  Usually what happens in retail is that businesses start out on the low end and work their way up the food chain.  

I think the default to "let the government do it" comes from the government ending up is the solver of last resort, trying to manage the collective wishes of the public, because politicians get elected by getting votes.  End result, because of the relative insignificance of one person on all levels, is the problems end up in a collective pool, away from everyone.  You get more and more negative externalities built up, that no one can pinpoint anywhere.  It ends up systemic, and everyone seems powerless.  They expect that the government will make fair rules and enforce.  The thing is that the money on top lobbies to tip it in their favor.

A way to connect what I shared with the original post is that income inequality comes about from systemic issues that no one person is responsible for.  Yes, income goes up, but the system, as a byproduct of what happens in a country, results in the top knowing how the system works and also tweaking it in their favor.  The guy on the bottom gets subject to the whims of the fallout of globalization and ends on the short end of the stick.  And things get more and more out of hand.  Of course, in this, a few bucks will be thrown in by the powers that be to end up making people think it is fair, or chase after this rabbit or that, with issues that have some impact (like illegal immigration) ending up getting blown WAY out of proportions to distract.

I believe exploiting moral outrage is how politicians get elected, but they don't want to do anything about it really, just get reelected.

Rubio's comment here on immigration actually goes into how the game seems to work:

http://www.cnn.com/video/?hpt=hp_t2#/video/us/2012/05/24/lopez-marco-rubio-immigration.cnn

If that is true, but what you see on the GOP side is railing against abortion and gay marriage.  Idea isn't to affect change but "feel their pain".  I doubt the GOP really wants to get rid of abortion, because it gets votes.


I don't see Republicans as that smart.   I think they would get rid of abortion if they could.  I think the Democrats work that game on social issues, while the republicans do on economic issues.  Afterall republcians seem to only push abortion measures when they know they can win.  Democrats only push gay rights or women's rights issues when they know they will lose. (Or republicans will beat them to the punch in overturning a law.)

Democrats will however go along with dumb economic plans that are an issue (see healthcare "reform") and republicans will change the social issues.  (See all the ways they go out of there way to make abortion harder.)

Well some economic issues i should say.

Also, i'd disagree that income inequality is caused by the top knowing how the economy works and tweaking it to it's favor.  Actually, the group of people know as "The top" is VERY dynamic.  People make great forutnes and lose great fortunes.

 

What causes income inequality is simpler then that.  Expendable income.   The more money you have that you don't need, the more that can be invested in risky but likely to pay off ventures that are likely to pay off big.

 

Your average investor is saving up for their retirement so they invest in safe bets, something that's 85-90% to succeed and pay a sigle digit % per year.

 

Someone with expendable income?  They can bet on something with 40-70% to succeed but he chance to pay 20% or more.  If they lose, it was just expendable money anyway.  The error is that society only focuses on those who succeed and sees it as unfair... not focusing on those who fail.

Said group gets bigger and gets a "bigger share of the pie" because they're the ones who invested in the programs that created the extra wealth.   Not really a way to change that.  Not really sure such a thing should be changed.  Investors and those who ran the buisness naturally should be the ones to profit for creating the wealth.


Seems funny any proof someone throughs out, you make up non factual nonsense. Dude it's very clear your right wing. You don't have to agree with every single thing conservatives do but you do, over and over. I can say dude there going to kill someone for crackers and you would say, will in europe crackers caused aids, so that seems to be fine with me, O' wait a min, it's the  Dem said that. I mean the europeans are socialist arse's. C'mon brO! !!  It's clear you are biased.  you just breezed through acting if banks and wall st. had nothing to do with it. WOW!!!!!!!!! You know Citi Group the ones that got billions. I will reframe from banging my head against a wall. glass steagal had everything to do with it and on top of that, saying clinton doesn't make me feel any better. I don't praise a side as you do. I see the truth. I have studied the crash of 1929 and it was low tax's and banks that crashed us. Unregulated banks. Say it with me. The banks crashed us. GOOD!!!!!  Everyone is progressive/conservative/liberal etc, just depends on what. Stop seeing so black and white." Op! started banging my head."

 

SO why did we need to compete with erurope when we where are the top of the world when clinton was in office. Oh yea clinton is a corporatist and the money was to good. It was predicted ten years time on the house floor that we where going to crash from removing glass steagal, DURING THE REPEAL. thank god most republicans are old, not long until there gone. lol


1) You seem to think CNN is a rightwing leaning source... and for that matter Bill Clinton.  I'd suggest that would make you biased.

Ask Bill Clinton if Glass Steagal caused the current financial crisis... he'd say no.  In fact... he has said no.

"They're wrong in saying that the elimination of the Glass-Steagall division between banks and investment banks contributed to this. Investment banks were already...banks were already doing investment business and investment companies were already in the banking business."

Bill Clinton is not right wing... yet he agrees with me.  Go figure.

If Glass-Stegal's repeal is what caused the financial crisis, again, why didn't this happen in europe sooner?  Which never had such regualtions?  What has kept them free of super depressions?  Furthermore, why were the banks that crashed us into this mess pretty much all exclusivily investment banks who had nothing to do with consumer banks anyway?  Banks whose actions were completely unaffected by Glass Steagal.

Why did we need to compete with europe?  Because they are the leaders in international lending.  As much as we like to think of New York as the financial capital of the world, it's really London.

 

2) As for the Great depression.   You didn't actually give any reasons... you just said random catchphrase words.

Low Taxes?  That's just... silly.  How did low taxes create the great depression?  I'd like to see the explination behind that.  I mean, I'm not sure what economic theory lead you to that conclusion.  It sure wasn't anything Keynes or any other economist wrote....

Banks failed, that was a part of the great depression and why the FDIC was created.  Which still exists.

Bank failed because of the stockmarket crash and that they gave out around $10 in loans for every $1 in deposists. 

Suddenly nobody had any money to pay there loans.  Bankers called in loans, loans failed.  Banks failed.

The great depression was caused by the Stockmarket crash and people not being able to pay back there loans.

Pretty much all depressions and recessions are caused by banks giving out too many bad loans.

The removal of glass steagal was a right wing move, also NAFTA. Deregulation was a major reason for the crash. Amoung all the dumb things bush did.  Clinton did move to the middle and to the right in his last years.


No.  They were moderate moves.  Done by moderates.

You say regulation was a major reason for the crash... but don't even attempt to articulate WHY you think that way.  Unfair or not it gives teh apperance that you can't articulate why you think that way and that you have no reasoning for doing so.

Ask most liberal leaning economists and they'll tell you the crash was caused by bad loans and derivatives that packaged them.

Glass-Stegal had NOTHING to do with derivatives.