Home Mail MemberMap Chat (0) Wallpapers
Go Back   ChiefsPlanet > The Lounge > D.C.

Reply
 
Thread Tools Display Modes
Old 02-14-2014, 05:05 PM  
petegz28 petegz28 is offline
Supporter
 
petegz28's Avatar
 
Join Date: Feb 2005
Location: Olathe, Ks
Casino cash: $243843
28 Signs That The Middle Class Is Heading Towards Extinction

http://www.zerohedge.com/news/2014-0...rds-extinction

Submitted by Michael Snyder of The Economic Collapse blog,

The death of the middle class in America has become so painfully obvious that now even the New York Times is doing stories about it. Millions of middle class jobs have disappeared, incomes are steadily decreasing, the rate of homeownership has declined for eight years in a row and U.S. consumers have accumulated record-setting levels of debt. Being independent is at the heart of what it means to be "middle class", and unfortunately the percentage of Americans that are able to take care of themselves without government assistance continues to decline. In fact, the percentage of Americans that are receiving government assistance is now at an all-time record high. This is not a good thing. Sadly, the number of people on food stamps has increased by nearly 50 percent while Barack Obama has been in the White House, and at this point nearly half the entire country gets money from the government each month. Anyone that tries to tell you that the middle class is going to be "okay" simply has no idea what they are talking about. The following are 28 signs that the middle class is heading toward extinction...

#1 You don't have to ask major U.S. corporations if the middle class is dying. This fact is showing up plain as day in their sales numbers. The following is from a recent New York Times article entitled "The Middle Class Is Steadily Eroding. Just Ask the Business World"...

In Manhattan, the upscale clothing retailer Barneys will replace the bankrupt discounter Loehmann’s, whose Chelsea store closes in a few weeks. Across the country, Olive Garden and Red Lobster restaurants are struggling, while fine-dining chains like Capital Grille are thriving. And at General Electric, the increase in demand for high-end dishwashers and refrigerators dwarfs sales growth of mass-market models.



As politicians and pundits in Washington continue to spar over whether economic inequality is in fact deepening, in corporate America there really is no debate at all. The post-recession reality is that the customer base for businesses that appeal to the middle class is shrinking as the top tier pulls even further away.

#2 Some of the largest retailers in the United States that once thrived by serving the middle class are now steadily dying. Sears and J.C. Penney are both on the verge of bankruptcy, and now we have learned that Radio Shack may be shutting down another 500 stores this year.

#3 Real disposable income in the United States just experienced the largest year over year drop that we have seen since 1974.

#4 Median household income in the United States has fallen for five years in a row.

#5 The rate of homeownership in the United States has fallen for eight years in a row.

#6 In 2008, 53 percent of all Americans considered themselves to be "middle class". In 2014, only 44 percent of all Americans consider themselves to be "middle class".

#7 In 2008, 25 percent of all Americans in the 18 to 29-year-old age bracket considered themselves to be "lower class". In 2014, an astounding 49 percent of them do.

#8 Incredibly, 56 percent of all Americans now have "subprime credit".

#9 Total consumer credit has risen by a whopping 22 percent over the past three years.

#10 The average credit card debt in the United States is $15,279.

#11 The average student loan debt in the United States is $32,250.

#12 The average mortgage debt in the United States is $149,925.

#13 Overall, U.S. consumers are $11,360,000,000,000 in debt.

#14 The U.S. national debt is currently sitting at $17,263,040,455,036.20, and it is being reported that is has grown by $6.666 trillion during the Obama years so far. Most of the burden of servicing that debt is going to fall on the middle class (if the middle class is able to survive that long).

#15 According to the Congressional Budget Office, interest payments on the national debt will nearly quadruple over the next ten years.

#16 Back in 1999, 64.1 percent of all Americans were covered by employment-based health insurance. Today, only 54.9 percent of all Americans are covered by employment-based health insurance.

#17 More Americans than ever find themselves forced to turn to the government for help with health care. At this point, 82.4 million Americans live in a home where at least one person is enrolled in the Medicaid program.

#18 There are 46.5 million Americans that are living in poverty, and the poverty rate in America has been at 15 percent or above for 3 consecutive years. That is the first time that has happened since 1965.

#19 While Barack Obama has been in the White House, the number of Americans on food stamps has gone from 32 million to 47 million.

#20 While Barack Obama has been in the White House, the percentage of working age Americans that are actually working has declined from 60.6 percent to 58.6 percent.

#21 While Barack Obama has been in the White House, the average duration of unemployment in the United States has risen from 19.8 weeks to 37.1 weeks.

#22 Middle-wage jobs accounted for 60 percent of the jobs lost during the last recession, but they have accounted for only 22 percent of the jobs created since then.

#23 It is hard to believe, but an astounding 53 percent of all American workers make less than $30,000 a year in wages.

#24 Approximately one out of every four part-time workers in America is living below the poverty line.

#25 According to the most recent numbers from the U.S. Census Bureau, an all-time record 49.2 percent of all Americans are receiving benefits from at least one government program each month.

#26 The U.S. government has spent an astounding 3.7 trillion dollars on welfare programs over the past five years.

#27 Only 35 percent of all Americans say that they are better off financially than they were a year ago.

#28 Only 19 percent of all Americans believe that the job market is better than it was a year ago.

As if the middle class didn't have enough to deal with, now here comes Obamacare.

As I have written about previously, Obamacare is going to mean higher taxes and much higher health insurance premiums for middle class Americans.

Not only that, but millions of hard working Americans are going to end up losing their jobs or having their hours cut back thanks to Obamacare. For example, a fry cook named Darnell Summers recently told Barack Obama directly that he and his fellow workers "were broken down to part time to avoid paying health insurance"...

And the Congressional Budget Office now says that Obamacare could result in the loss of 2.3 million full-time jobs by 2021.

Several million people will reduce their hours on the job or leave the workforce entirely because of incentives built into President Barack Obama’s health care overhaul, the Congressional Budget Office said Tuesday.



That would mean job losses equal to 2.3 million full-time jobs by 2021, in large part because people would opt to keep their income low to stay eligible for federal health care subsidies or Medicaid, the agency said. It had estimated previously that the law would lead to 800,000 fewer jobs by that year.

But even if we got rid of Obamacare tomorrow that would not solve the problems of the middle class.

The middle class has been shrinking for a very long time, and something dramatic desperately needs to be done.

The numbers that I shared above simply cannot convey the level of suffering that is going on out there on the streets of America today. That is why I also like to share personal stories when I can. Below, I have posted an excerpt from an open letter to Barack Obama that a woman with a Master's degree and 30 years of work experience recently submitted to the Huffington Post. What this formerly middle class lady is having to endure because of this horrible economy is absolutely tragic...

Dear Mr. President,
I write to you today because I have nowhere else to turn. I lost my full time job in September 2012. I have only been able to find part-time employment -- 16 hours each week at $12 per hour -- but I don't work that every week. For the month of December, my net pay was $365. My husband and I now live in an RV at a campground because of my job loss. Our monthly rent is $455 and that doesn't include utilities. We were given this 27-ft. 1983 RV when I lost my job.



This is America today. We have no running water; we use a hose to fill jugs. We have no shower but the campground does. We have a toilet but it only works when the sewer line doesn't freeze -- if it freezes, we use the campground's restrooms. At night, in my bed, when it's cold out, my blanket can freeze to the wall of the RV.



We don't have a stove or an oven, just a microwave, so regular-food cooking is out. Recently we found a small toaster oven on sale so we can bake a little now because eating only microwaved food just wasn't working for us. We don't have a refrigerator, just an icebox (a block of ice cost about $1.89). It keeps things relatively cold. If it's freezing outside, we just put things on the picnic table.

You can read the rest of her incredibly heartbreaking letter right here.

This is not the America that I remember.

What in the world is happening to us?
Posts: 62,013
petegz28 is obviously part of the inner Circle.petegz28 is obviously part of the inner Circle.petegz28 is obviously part of the inner Circle.petegz28 is obviously part of the inner Circle.petegz28 is obviously part of the inner Circle.petegz28 is obviously part of the inner Circle.petegz28 is obviously part of the inner Circle.petegz28 is obviously part of the inner Circle.petegz28 is obviously part of the inner Circle.petegz28 is obviously part of the inner Circle.petegz28 is obviously part of the inner Circle.
  Reply With Quote
Old 02-14-2014, 07:37 PM   #31
Brock Brock is offline
Do it.
 
Brock's Avatar
 

Join Date: Aug 2000
Location: Larryville
Casino cash: $160873
Quote:
Originally Posted by HonestChieffan View Post
Well that was wrong. You are batten 1000 with stupid today.
Sure thing, grampa.

If you can tear yourself away from the funnypitchers on weaselzippers, read this.

http://blogs.marketwatch.com/encore/...-50-need-help/
Posts: 42,720
Brock is obviously part of the inner Circle.Brock is obviously part of the inner Circle.Brock is obviously part of the inner Circle.Brock is obviously part of the inner Circle.Brock is obviously part of the inner Circle.Brock is obviously part of the inner Circle.Brock is obviously part of the inner Circle.Brock is obviously part of the inner Circle.Brock is obviously part of the inner Circle.Brock is obviously part of the inner Circle.Brock is obviously part of the inner Circle.
  Reply With Quote
Old 02-14-2014, 07:40 PM   #32
petegz28 petegz28 is offline
Supporter
 
petegz28's Avatar
 

Join Date: Feb 2005
Location: Olathe, Ks
Casino cash: $243843
Quote:
Originally Posted by HonestChieffan View Post
Pssst… Obama is in control…..that is the far left. Are you doing LSD?
Obama is a ****ing moron and Presidents come and go. It's the Congress that runs the game and the fact I am having to explain this to you says a lot.
__________________
"Finally, anyone who uses the terms, irregardless, a whole nother, or all of a sudden shall be sentenced to a work camp."

Stewie Griffin
Posts: 62,013
petegz28 is obviously part of the inner Circle.petegz28 is obviously part of the inner Circle.petegz28 is obviously part of the inner Circle.petegz28 is obviously part of the inner Circle.petegz28 is obviously part of the inner Circle.petegz28 is obviously part of the inner Circle.petegz28 is obviously part of the inner Circle.petegz28 is obviously part of the inner Circle.petegz28 is obviously part of the inner Circle.petegz28 is obviously part of the inner Circle.petegz28 is obviously part of the inner Circle.
  Reply With Quote
Old 02-14-2014, 07:41 PM   #33
patteeu patteeu is offline
The 23rd Pillar
 
patteeu's Avatar
 

Join Date: Sep 2002
Casino cash: $462932
Quote:
Originally Posted by petegz28 View Post
See, this is where you are wrong. Perception is reality. And in this case the perception is driven by emotion and a lot of factual data to support said emotion.
No. You're a petulant child lashing out at others for your distress without a coherent reason. There are certainly problems in our economy, but you don't have a clue what they are. That's one thing that is absolutely certain.

Quote:
Originally Posted by petegz28 View Post
What isn't reasonable is asking tax payers to bail out Wall St. and then expect them to be all golly-gee over not getting raises, losing their jobs, paying more at the gas pump, etc., etc.
Having the emotion is understandable. Understanding what's wrong and how to fix it is harder than emoting.
__________________


"Well, it is one thing for Bill Clinton to say, I feel your pain. It is another thing for Barack Obama to say I feel your pain that I have caused." - George Will
Posts: 74,183
patteeu is obviously part of the inner Circle.patteeu is obviously part of the inner Circle.patteeu is obviously part of the inner Circle.patteeu is obviously part of the inner Circle.patteeu is obviously part of the inner Circle.patteeu is obviously part of the inner Circle.patteeu is obviously part of the inner Circle.patteeu is obviously part of the inner Circle.patteeu is obviously part of the inner Circle.patteeu is obviously part of the inner Circle.patteeu is obviously part of the inner Circle.
  Reply With Quote
Old 02-14-2014, 07:43 PM   #34
patteeu patteeu is offline
The 23rd Pillar
 
patteeu's Avatar
 

Join Date: Sep 2002
Casino cash: $462932
Quote:
Originally Posted by Prison Bitch View Post
Regardless whether or not you agree with Pete, he is a citizen with concerns and those concerns are felt by millions of voters. I speak from the GOP perspective here in saying the party has not been effective in addressing these concerns and has paid an electoral price for not doing so. The Dems pay lip service to it but don't seem competent improving things with policy. Either way Pete's concerns are not unusual.
I agree with this.
__________________


"Well, it is one thing for Bill Clinton to say, I feel your pain. It is another thing for Barack Obama to say I feel your pain that I have caused." - George Will
Posts: 74,183
patteeu is obviously part of the inner Circle.patteeu is obviously part of the inner Circle.patteeu is obviously part of the inner Circle.patteeu is obviously part of the inner Circle.patteeu is obviously part of the inner Circle.patteeu is obviously part of the inner Circle.patteeu is obviously part of the inner Circle.patteeu is obviously part of the inner Circle.patteeu is obviously part of the inner Circle.patteeu is obviously part of the inner Circle.patteeu is obviously part of the inner Circle.
  Reply With Quote
Old 02-14-2014, 07:43 PM   #35
petegz28 petegz28 is offline
Supporter
 
petegz28's Avatar
 

Join Date: Feb 2005
Location: Olathe, Ks
Casino cash: $243843
Quote:
Originally Posted by patteeu View Post
Why are you waiting on that? Until you answer my question about your middle class claim that you pretended was obvious but still refused to explain, you won't get much cooperation from me with your questions. And that one is particularly stupid since I never even claimed to know the answer.
Yes you did claim to know that answer. You said the problem "the problem is more systemic"....so explain yourself. Or are you just stuck? I am just surprised that you have this loyalty to big business after they ****ed this country over. It really says either you are just a typical corporatist Repub or you are not up to snuff on how things work.
__________________
"Finally, anyone who uses the terms, irregardless, a whole nother, or all of a sudden shall be sentenced to a work camp."

Stewie Griffin
Posts: 62,013
petegz28 is obviously part of the inner Circle.petegz28 is obviously part of the inner Circle.petegz28 is obviously part of the inner Circle.petegz28 is obviously part of the inner Circle.petegz28 is obviously part of the inner Circle.petegz28 is obviously part of the inner Circle.petegz28 is obviously part of the inner Circle.petegz28 is obviously part of the inner Circle.petegz28 is obviously part of the inner Circle.petegz28 is obviously part of the inner Circle.petegz28 is obviously part of the inner Circle.
  Reply With Quote
Old 02-14-2014, 07:45 PM   #36
petegz28 petegz28 is offline
Supporter
 
petegz28's Avatar
 

Join Date: Feb 2005
Location: Olathe, Ks
Casino cash: $243843
Quote:
Originally Posted by patteeu View Post
No. You're a petulant child lashing out at others for your distress without a coherent reason. There are certainly problems in our economy, but you don't have a clue what they are. That's one thing that is absolutely certain.



Having the emotion is understandable. Understanding what's wrong and how to fix it is harder than emoting.
Keep on telling yourself whatever it is you need to tell yourself. There's what you say and then there is what it is. The data unfortunately does not support your side of the argument. Thus your constant dodging and personal attacks. Not once in the last week have you spelled out what the problem is, or what benefit we are getting from the current system you support so much.

You just keep rapping at the mouth, Limbaugh style.
__________________
"Finally, anyone who uses the terms, irregardless, a whole nother, or all of a sudden shall be sentenced to a work camp."

Stewie Griffin
Posts: 62,013
petegz28 is obviously part of the inner Circle.petegz28 is obviously part of the inner Circle.petegz28 is obviously part of the inner Circle.petegz28 is obviously part of the inner Circle.petegz28 is obviously part of the inner Circle.petegz28 is obviously part of the inner Circle.petegz28 is obviously part of the inner Circle.petegz28 is obviously part of the inner Circle.petegz28 is obviously part of the inner Circle.petegz28 is obviously part of the inner Circle.petegz28 is obviously part of the inner Circle.
  Reply With Quote
Old 02-14-2014, 07:48 PM   #37
petegz28 petegz28 is offline
Supporter
 
petegz28's Avatar
 

Join Date: Feb 2005
Location: Olathe, Ks
Casino cash: $243843
Quote:
Originally Posted by Prison Bitch View Post
Regardless whether or not you agree with Pete, he is a citizen with concerns and those concerns are felt by millions of voters. I speak from the GOP perspective here in saying the party has not been effective in addressing these concerns and has paid an electoral price for not doing so. The Dems pay lip service to it but don't seem competent improving things with policy. Either way Pete's concerns are not unusual.
I quit speaking from the "GOP" perspective after they sold out the middle class to Hank Paulson and his buddies at Goldman. Everyone on here that has any clue knows I am no lover of left wing politics at all. I just started wising up when the bailouts occurred and realized that the current "right wing" isn't much different than the current left wing.
__________________
"Finally, anyone who uses the terms, irregardless, a whole nother, or all of a sudden shall be sentenced to a work camp."

Stewie Griffin
Posts: 62,013
petegz28 is obviously part of the inner Circle.petegz28 is obviously part of the inner Circle.petegz28 is obviously part of the inner Circle.petegz28 is obviously part of the inner Circle.petegz28 is obviously part of the inner Circle.petegz28 is obviously part of the inner Circle.petegz28 is obviously part of the inner Circle.petegz28 is obviously part of the inner Circle.petegz28 is obviously part of the inner Circle.petegz28 is obviously part of the inner Circle.petegz28 is obviously part of the inner Circle.
  Reply With Quote
Old 02-14-2014, 07:52 PM   #38
scott free scott free is offline
ask for it by name
 
scott free's Avatar
 

Join Date: Sep 2006
Location: district 6
Casino cash: $3176778
Quote:
Originally Posted by petegz28 View Post
All I am saying is that at this point in time I would rather have the Tea Party and the far Left fringe in charge of shit rather than these corporate sell outs called Democrats and Republicans. The Repubs fleeced everyone in the middle class for Goldman Sachs and in return the Democrats fleeced everyone over GM. And what did the tax payer get in return? Less jobs, less pay and higher cost of living. You can't even get a ****ing savings account that pays 2%.
I don't normally use this word... but Jesus, preach on pete.

PS - Pat, I didn't even know you and pete had "a thing" but if my asking for you to refute the article he posted is some kind egregious affront to your dignity, then fine, I will.
Posts: 25,360
scott free is obviously part of the inner Circle.scott free is obviously part of the inner Circle.scott free is obviously part of the inner Circle.scott free is obviously part of the inner Circle.scott free is obviously part of the inner Circle.scott free is obviously part of the inner Circle.scott free is obviously part of the inner Circle.scott free is obviously part of the inner Circle.scott free is obviously part of the inner Circle.scott free is obviously part of the inner Circle.scott free is obviously part of the inner Circle.
  Reply With Quote
Old 02-14-2014, 07:53 PM   #39
petegz28 petegz28 is offline
Supporter
 
petegz28's Avatar
 

Join Date: Feb 2005
Location: Olathe, Ks
Casino cash: $243843
Our current corporate environment:

CEO pay is at a 354:1 ratio
2.9 mil jobs created over seas in the last decade or so
1.1 mil jobs eliminated in this country
Avg. Income for the 99% is less than it was in 2002

But there isn't a problem in this country ...
__________________
"Finally, anyone who uses the terms, irregardless, a whole nother, or all of a sudden shall be sentenced to a work camp."

Stewie Griffin
Posts: 62,013
petegz28 is obviously part of the inner Circle.petegz28 is obviously part of the inner Circle.petegz28 is obviously part of the inner Circle.petegz28 is obviously part of the inner Circle.petegz28 is obviously part of the inner Circle.petegz28 is obviously part of the inner Circle.petegz28 is obviously part of the inner Circle.petegz28 is obviously part of the inner Circle.petegz28 is obviously part of the inner Circle.petegz28 is obviously part of the inner Circle.petegz28 is obviously part of the inner Circle.
  Reply With Quote
Old 02-14-2014, 07:54 PM   #40
scott free scott free is offline
ask for it by name
 
scott free's Avatar
 

Join Date: Sep 2006
Location: district 6
Casino cash: $3176778
Quote:
Originally Posted by petegz28 View Post
Obama is a ****ing moron and Presidents come and go. It's the Congress that runs the game and the fact I am having to explain this to you says a lot.
Pete running shit once again.
Posts: 25,360
scott free is obviously part of the inner Circle.scott free is obviously part of the inner Circle.scott free is obviously part of the inner Circle.scott free is obviously part of the inner Circle.scott free is obviously part of the inner Circle.scott free is obviously part of the inner Circle.scott free is obviously part of the inner Circle.scott free is obviously part of the inner Circle.scott free is obviously part of the inner Circle.scott free is obviously part of the inner Circle.scott free is obviously part of the inner Circle.
  Reply With Quote
Old 02-14-2014, 08:09 PM   #41
Prison Bitch Prison Bitch is offline
The Bitch is back
 
Prison Bitch's Avatar
 

Join Date: Nov 2012
Location: Lees summit
Casino cash: $67824
Quote:
Originally Posted by petegz28 View Post
Our current corporate environment:

CEO pay is at a 354:1 ratio
2.9 mil jobs created over seas in the last decade or so
1.1 mil jobs eliminated in this country
Avg. Income for the 99% is less than it was in 2002

But there isn't a problem in this country ...
A lot of people including me agree there is a problem. We should focus on some solutions. What changes in policy do you seek? Patteu has lined out the global labor facts so that new reality has to be considered. Our share of world GDP has gone from 31% in 2000 to 21% today and falling. The world living standards have skyrocketed but what policy prescriptions for America do you want?
__________________
Michael Sam: born in Texas, reared in Missouri
Posts: 10,556
Prison Bitch is blessed with 50/50 Hindsight.Prison Bitch is blessed with 50/50 Hindsight.Prison Bitch is blessed with 50/50 Hindsight.Prison Bitch is blessed with 50/50 Hindsight.Prison Bitch is blessed with 50/50 Hindsight.Prison Bitch is blessed with 50/50 Hindsight.Prison Bitch is blessed with 50/50 Hindsight.Prison Bitch is blessed with 50/50 Hindsight.Prison Bitch is blessed with 50/50 Hindsight.Prison Bitch is blessed with 50/50 Hindsight.Prison Bitch is blessed with 50/50 Hindsight.
  Reply With Quote
Old 02-14-2014, 08:31 PM   #42
petegz28 petegz28 is offline
Supporter
 
petegz28's Avatar
 

Join Date: Feb 2005
Location: Olathe, Ks
Casino cash: $243843
Quote:
Originally Posted by Prison Bitch View Post
A lot of people including me agree there is a problem. We should focus on some solutions. What changes in policy do you seek? Patteu has lined out the global labor facts so that new reality has to be considered. Our share of world GDP has gone from 31% in 2000 to 21% today and falling. The world living standards have skyrocketed but what policy prescriptions for America do you want?
Unfortunately I think a sacrificial lamb is going to have to be served up by corporate America at first. And by that I mean they are going to have to take the step to start reinvesting into this country, into their employees and into jobs.

Now, that being said, I think there is political policy that can and must change though some on the surface may not sound productive and some may already be in place. I will toss some out and let the chips fall where they may:

1. tax incentives for hiring Americans
2. tax incentives for certain industries such as health care and manufacturing
3. tariffs on imported work. You hire someone on a work visa or with a green card you better had be able to prove you could not hire and or otherwise train someone for the job in this country first. And I don't mean the token efforts like we have today
4. Get health care out of the corporate environment. It needs to be an independent market in and of itself
5. Reinstate Glass-Steagall. Banking and Investment Banking need to go back to the way they were.
6. Raise the short term capital gains tax. Bush Jr. lowered it and it was a mistake. It made short term profit taking more profitable and took away certain appeals to longer term investing.
7. Raise the short term, long term and dividend tax rates on people who have incomes of over $500k-$1mil. Now that is stating it a little more general than what I have in mind. The goal here is to insure those who generate their income via capital gain are not skirting around any tax they should be paying.
8. Audit the Federal Reserve on an annual basis. These crooks are a lot of what is wrong with our economy right now.
9. Disband K Street

The list goes on but I think you get the idea.

But, however, the bottom line is the mentality of how we do business in general has to change. You have to have companies willing to reinvest into their company and their work force and not just the executive's checks. We have to abandon this behavior of rewarding failed executives with 7 figures. If a person has to have this in their contract then perhaps they aren't as good as you think they are? Right now you have hard working individuals getting laid off for carrying out the failed plan of a CEO. While the workers get the axe the CEO gets a check for more than most of those workers will make in their lifetime. It simply has to change.

If it doesn't then the Obama's and Pelosi's are going to win more than they lose and then we are all truly ****ed.
__________________
"Finally, anyone who uses the terms, irregardless, a whole nother, or all of a sudden shall be sentenced to a work camp."

Stewie Griffin
Posts: 62,013
petegz28 is obviously part of the inner Circle.petegz28 is obviously part of the inner Circle.petegz28 is obviously part of the inner Circle.petegz28 is obviously part of the inner Circle.petegz28 is obviously part of the inner Circle.petegz28 is obviously part of the inner Circle.petegz28 is obviously part of the inner Circle.petegz28 is obviously part of the inner Circle.petegz28 is obviously part of the inner Circle.petegz28 is obviously part of the inner Circle.petegz28 is obviously part of the inner Circle.
  Reply With Quote
Old 02-14-2014, 08:44 PM   #43
HonestChieffan HonestChieffan is online now
Country Santa Year Around
 
HonestChieffan's Avatar
 

Join Date: Jan 2006
Location: In the Country in MO
Casino cash: $1255487
Quote:
Originally Posted by petegz28 View Post
Unfortunately I think a sacrificial lamb is going to have to be served up by corporate America at first. And by that I mean they are going to have to take the step to start reinvesting into this country, into their employees and into jobs.

Now, that being said, I think there is political policy that can and must change though some on the surface may not sound productive and some may already be in place. I will toss some out and let the chips fall where they may:

1. tax incentives for hiring Americans …That supports big business that you are anti
2. tax incentives for certain industries such as health care and manufacturing..Good. I have a bunch of Pharma stock
3. tariffs on imported work. You hire someone on a work visa or with a green card you better had be able to prove you could not hire and or otherwise train someone for the job in this country first. And I don't mean the token efforts like we have today…Who does this?

4. Get health care out of the corporate environment. It needs to be an independent market in and of itself…You want to madnate what a company does to compensate an employee? Really?
5. Reinstate Glass-Steagall. Banking and Investment Banking need to go back to the way they were.Back to the good old days?

6. Raise the short term capital gains tax. Bush Jr. lowered it and it was a mistake. It made short term profit taking more profitable and took away certain appeals to longer term investing.That will fix what? You have zero evidence but you keep hitting this…

7. Raise the short term, long term and dividend tax rates on people who have incomes of over $500k-$1mil. Now that is stating it a little more general than what I have in mind. The goal here is to insure those who generate their income via capital gain are not skirting around any tax they should be paying. Now we are getting there Punish the rich regardless of the impact on others. Pete you suffer from class envy

8. Audit the Federal Reserve on an annual basis. These crooks are a lot of what is wrong with our economy right now. Thank you Ron Paul….

9. Disband K Street …Wut?

The list goes on but I think you get the idea.

But, however, the bottom line is the mentality of how we do business in general has to change. You have to have companies willing to reinvest into their company and their work force and not just the executive's checks. We have to abandon this behavior of rewarding failed executives with 7 figures. If a person has to have this in their contract then perhaps they aren't as good as you think they are? Right now you have hard working individuals getting laid off for carrying out the failed plan of a CEO. While the workers get the axe the CEO gets a check for more than most of those workers will make in their lifetime. It simply has to change.

If it doesn't then the Obama's and Pelosi's are going to win more than they lose and then we are all truly ****ed.

See above. You are in need of help.
__________________
Frazod to KC Nitwit..."Hey, I saw a picture of some dumpy bitch with a horrible ****tarded giant back tattoo and couldn't help but think of you." Simple, Pure, Perfect. 7/31/2013

Dave Lane: "I have donated more money to people in my life as an atheist that most churches ever will."

Come home to Jesus Dave. Come home.
Posts: 26,766
HonestChieffan is obviously part of the inner Circle.HonestChieffan is obviously part of the inner Circle.HonestChieffan is obviously part of the inner Circle.HonestChieffan is obviously part of the inner Circle.HonestChieffan is obviously part of the inner Circle.HonestChieffan is obviously part of the inner Circle.HonestChieffan is obviously part of the inner Circle.HonestChieffan is obviously part of the inner Circle.HonestChieffan is obviously part of the inner Circle.HonestChieffan is obviously part of the inner Circle.HonestChieffan is obviously part of the inner Circle.
  Reply With Quote
Old 02-14-2014, 08:47 PM   #44
petegz28 petegz28 is offline
Supporter
 
petegz28's Avatar
 

Join Date: Feb 2005
Location: Olathe, Ks
Casino cash: $243843
Quote:
Originally Posted by HonestChieffan View Post
See above. You are in need of help.

Am I? We tried it the "Repubs" way and it didn't work. We know the Obama way isn't going to work. So going back to the Repub way again isn't going to work simply because it is a change from the Obama way which isn't working. You might as well stick your head in a doorway and slam it from side to side because that's about all you are doing.
__________________
"Finally, anyone who uses the terms, irregardless, a whole nother, or all of a sudden shall be sentenced to a work camp."

Stewie Griffin
Posts: 62,013
petegz28 is obviously part of the inner Circle.petegz28 is obviously part of the inner Circle.petegz28 is obviously part of the inner Circle.petegz28 is obviously part of the inner Circle.petegz28 is obviously part of the inner Circle.petegz28 is obviously part of the inner Circle.petegz28 is obviously part of the inner Circle.petegz28 is obviously part of the inner Circle.petegz28 is obviously part of the inner Circle.petegz28 is obviously part of the inner Circle.petegz28 is obviously part of the inner Circle.
  Reply With Quote
Old 02-14-2014, 08:50 PM   #45
HonestChieffan HonestChieffan is online now
Country Santa Year Around
 
HonestChieffan's Avatar
 

Join Date: Jan 2006
Location: In the Country in MO
Casino cash: $1255487
Quote:
Originally Posted by petegz28 View Post
Am I? We tried it the "Repubs" way and it didn't work. We know the Obama way isn't going to work. So going back to the Repub way again isn't going to work simply because it is a change from the Obama way which isn't working. You might as well stick your head in a doorway and slam it from side to side because that's about all you are doing.
Ignore the comments and continue to be out of control Pete. Come back someday.
__________________
Frazod to KC Nitwit..."Hey, I saw a picture of some dumpy bitch with a horrible ****tarded giant back tattoo and couldn't help but think of you." Simple, Pure, Perfect. 7/31/2013

Dave Lane: "I have donated more money to people in my life as an atheist that most churches ever will."

Come home to Jesus Dave. Come home.
Posts: 26,766
HonestChieffan is obviously part of the inner Circle.HonestChieffan is obviously part of the inner Circle.HonestChieffan is obviously part of the inner Circle.HonestChieffan is obviously part of the inner Circle.HonestChieffan is obviously part of the inner Circle.HonestChieffan is obviously part of the inner Circle.HonestChieffan is obviously part of the inner Circle.HonestChieffan is obviously part of the inner Circle.HonestChieffan is obviously part of the inner Circle.HonestChieffan is obviously part of the inner Circle.HonestChieffan is obviously part of the inner Circle.
  Reply With Quote
Reply

Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is On

Forum Jump


All times are GMT -6. The time now is 08:50 AM.


Powered by vBulletin® Version 3.8.0
Copyright ©2000 - 2014, Jelsoft Enterprises Ltd.