I knew I liked Adam Carolla for some reason.. His take on the OWS Generation. LOL

[dj3]

Id be happy if they would just fix the freaking stock market and stop the algorithm trading.

[96z28ss]

no need for me to add any comments, just watch these.

http://youtu.be/0NwEFVUb-u0

http://youtu.be/r-udsIV4Hmc

[Jr]

Originally Posted by GregWeld

but if you read the book - "The millionaire next door" you'd see that most of "us" are pretty simple folks that own small businesses or are farmers... or just own a couple small buildings we rent out etc. You take "us" out of the picture and you'll see an economy that REALLY gets wiped out.


Just sayin' -- it's just not all that simple.

That is a very good book! I found the book to be rather insightful. Everyone should pick of a copy.

[parsonsj]

The issue is the trends over the past 30 years, which, if it continues, will most certainly destroy American society.

Here's an excerpt from the non-partisan CBO Report on income growth over the past 30 years:

The share of income going to higher-income households rose, while the share going to lower-income households fell.

The top fifth of the population saw a 10-percentage-point increase in their share of after-tax income.

Most of that growth went to the top 1 percent of the population.

All other groups saw their shares decline by 2 to 3 percentage points.

This can't continue indefinitely or eventually we'll all be serfs in the fields of the Lords and Ladies of America.

The question is: what should be done to ensure that Americans share more equally in the growth of the economy over the next 30 years?

Here's the whole report:

http://www.cbo.gov/doc.cfm?index=12485

[GregWeld]

Originally Posted by parsonsj

The issue is the trends over the past 30 years, which, if it continues, will most certainly destroy American society.

Here's an excerpt from the non-partisan CBO Report on income growth over the past 30 years:

The share of income going to higher-income households rose, while the share going to lower-income households fell.

The top fifth of the population saw a 10-percentage-point increase in their share of after-tax income.

Most of that growth went to the top 1 percent of the population.

All other groups saw their shares decline by 2 to 3 percentage points.

This can't continue indefinitely or eventually we'll all be serfs in the fields of the Lords and Ladies of America.

The question is: what should be done to ensure that Americans share more equally in the growth of the economy over the next 30 years?

Here's the whole report:

http://www.cbo.gov/doc.cfm?index=12485

REAL SIMPLE -- QUIT BUYING CHINESE CRAP.

[Flash68]

Originally Posted by GregWeld

I lost 100% of my investment and we lost control of the company to the company that was commissioned to build the plant. They're still trying to make a go of it but the plant is built and running. NO I couldn't "write it off" -- that is such a stupid uneducated statement! You can't just "write stuff off"... there's RULES for all that kind of stuff... and like most things -- it just ain't that f'n simple.

Greg, you mean like this?

[parsonsj]

Originally Posted by Greg

REAL SIMPLE -- QUIT BUYING CHINESE CRAP.

I gotta say, I've not heard that as a policy proposal from anybody.

[Vegas69]

I like Bob's links to Mike Rowe. Everybody thinks they need to be Bill Gates but that's slowly changing. People need to be motivated. You can't hand them a golden botton on a silver platter and expect them to get out of bed in the morning and piss excellence. Cut off the feeder tube.

I think population is a HUGE problem. How many people can this country support in the typical American way? How about the older crowd not retiring until the lay in their coffin? How is a kid supposed to get a good job if they don't exist? Look at over populated third world countries........

America is still the BEST place on earth. The gravy train has simply ended and Americans need to get back to living within their means and working hard for their accomplishments. I've been busting my ASS to keep my boat floating down the river. My profits are 1/2 what they were 7 years ago, I have two employees, more overhead but I get up in the morning an put on my slacks and go to the office. They should probably be a 1/3rd if I didn't adapt my business to the changing times. You can bitch and moan or make it happen. Take your pick. This is what every American needs to hear but it won't happen. You can't tell the truth and get elected. That needs to change.

[96z28ss]

This one is a bit better kind of sums up the other 2 videos.
http://youtu.be/Qo-cUZ2aRKc

[Sieg]