Initial jobless claims increase ""unexpectedly""

[buckman]

The bottom line is, you are no longer entitled to The American Dream, work hard, make money, buy 2 houses, nice cars, maybe a boat if your real greedy. There are needy, lazy, stupid people who are entitled to your money.
The list of entitlements grows, the list of people to fund it shrinks. Yup, that should work.

[spence]

Originally Posted by buckman

The bottom line is, you are no longer entitled to The American Dream, work hard, make money, buy 2 houses, nice cars, maybe a boat if your real greedy. There are needy, lazy, stupid people who are entitled to your money.
The list of entitlements grows, the list of people to fund it shrinks. Yup, that should work.

That's the "American Dream"...to buy houses, cars and boats?

-spence

[striperman36]

Originally Posted by spence

That's the "American Dream"...to buy houses, cars and boats?

-spence

yep and be self-sufficient

Now I am going to be buying a laundromat or something to sponge off the bottom feeders that will be gettin all my money.

[buckman]

Originally Posted by spence

That's the "American Dream"...to buy houses, cars and boats?

-spence

Wasn't it the forced regulations placed on the banking industry to provide the" American Dream" to those who couldn't afford it what got us into this mess?

[spence]

Originally Posted by buckman

Wasn't it the forced regulations placed on the banking industry to provide the" American Dream" to those who couldn't afford it what got us into this mess?

Not really, that's the "I wanna score some cheap points with the Sean Hannity audience" sort of answer...

It was the bundling of mortgage based assets, shoddy oversight by regulators and derivative trading (which largely circumvented regulations) that are probably most to blame.

Certainly sub-prime borrowers were/are a part of the problem once the market stalled, but don't think for a second the banks didn't love handing out mortgages like candy. They could skim a little cream from the top and let somebody else deal with the rotten milk at the bottom.

-spence

[buckman]

Originally Posted by spence

Not really, that's the "I wanna score some cheap points with the Sean Hannity audience" sort of answer...

It was the bundling of mortgage based assets, shoddy oversight by regulators and derivative trading (which largely circumvented regulations) that are probably most to blame.

Certainly sub-prime borrowers were/are a part of the problem once the market stalled, but don't think for a second the banks didn't love handing out mortgages like candy. They could skim a little cream from the top and let somebody else deal with the rotten milk at the bottom.

-spence

I prefer to call them free loading scum but "rotten milk" works too.

[spence]

Originally Posted by buckman

I prefer to call them free loading scum but "rotten milk" works too.

So the sub-prime borrowers, many of whom have paid into mortgages only to loose their homes due to the recession are scum, but the finance industry, who knowingly took incredible risks with other people's money for quick gain at the expense of everyone isn't?

-spence

[buckman]

Originally Posted by spence

So the sub-prime borrowers, many of whom have paid into mortgages only to loose their homes due to the recession are scum, but the finance industry, who knowingly took incredible risks with other people's money for quick gain at the expense of everyone isn't?

-spence

They are and the politicians that lined their pockets knowing all along they were screwing you and I and worst of all our kids.

[scottw]

Originally Posted by spence

Not really, that's the "I wanna score some cheap points with the Sean Hannity audience" sort of answer...

It was the bundling of mortgage based assets, shoddy oversight by regulators and derivative trading (which largely circumvented regulations) that are probably most to blame.

Certainly sub-prime borrowers were/are a part of the problem once the market stalled, but don't think for a second the banks didn't love handing out mortgages like candy. They could skim a little cream from the top and let somebody else deal with the rotten milk at the bottom.

-spence

that's the "I wanna score some cheap points with the Barney Frank audience" sort of answer...

[spence]

Originally Posted by scottw

that's the "I wanna score some cheap points with the Barney Frank audience" sort of answer...

Followed by an "I don't really care what he said I'm going to make the same inane" response...

-spence

[scottw]

Originally Posted by spence

Followed by an "I don't really care what he said I'm going to make the same inane" response...

-spence

are you admitting inanity ?

Spence...you've been very playfull since you've become pregnant...the belly bump is a good look on you...

[scottw]

Originally Posted by buckman

The bottom line is, you are no longer entitled to The American Dream, work hard, make money, buy 2 houses, nice cars, maybe a boat if your real greedy. There are needy, lazy, stupid people who are entitled to your money.
The list of entitlements grows, the list of people to fund it shrinks. Yup, that should work.

the Collectivists are at war with the Individualists in America,...which essentially means that they are at war with the founding principles of America...and have been for about a hundred years

clearly the democrats believe that massive debt and massive dependence is a winning strategy for success for our nation...I hope they run on that in November

this is well stated..."the one thing that limits capitalism, is all the socialism.
Instead of capitalism continuing forward, everything went sideways with the rise of socialism.
This ideological, and criminal detour of capitalism and free-markets, is directly responsible
for the inestimable financial mess we find ourselves in today. It's socialism's 100 years war.
These same socially-conscious, warrior elites have been lying about capitalism for that long.
Capitalism isn't stealing from anybody. On the other hand, socialism is stealing from everybody.
Ideological theft, though well intentioned, is still theft. The Left thrives on societal theft.
Capitalism is the engine that allows these socialist do-gooders to spread the wealth around in the first place.
Without capitalism, there is no socialism."

[JohnnyD]

Originally Posted by scottw

the Collectivists are at war with the Individualists in America,...which essentially means that they are at war with the founding principles of America...and have been for about a hundred years

So you pretty much just regurgitate whatever Glenn Beck says huh?

[detbuch]

Originally Posted by JohnnyD

So you pretty much just regurgitate whatever Glenn Beck says huh?

C'mon JD. Glenn Beck is not the originator of these ideas. The battle between collectivism and individualism is ancient. Whether those specific words are used or not does not define that battle. Of course, we do not as individuals, stand alone. We unite, as individuals, to preserve the core of freedom that was created by our Founders and made law by the Constitution. We can choose to diminish that core and hand over more and more responsibility (required for freedom) to a central government, or we can resist. Which do you choose?

[spence]

Originally Posted by detbuch

C'mon JD. Glenn Beck is not the originator of these ideas.

Perhaps, the understatement of the entire thread

The battle between collectivism and individualism is ancient. Whether those specific words are used or not does not define that battle. Of course, we do not as individuals, stand alone. We unite, as individuals, to preserve the core of freedom that was created by our Founders and made law by the Constitution. We can choose to diminish that core and hand over more and more responsibility (required for freedom) to a central government, or we can resist. Which do you choose?

Of course, we must unite to maintain our individuality.

-spence

[detbuch]

Originally Posted by spence

Perhaps, the understatement of the entire thread


Of course, we must unite to maintain our individuality.

-spence

Yes we must unite as individuals each responsible for our own share of that unity. If we give over our personal responsibilty to the larger group to do for us what is required, as an individual, to do for ourself, we are less of an individual and more of a groupie. If more and more choose the way of the groupie, the "unity" becomes a collective dependant on the few for support and "individualism" will be scorned, seen as an unachievable trick of the selfish.

See, we agree again.

[scottw]

Originally Posted by JohnnyD

So you pretty much just regurgitate whatever Glenn Beck says huh?

none of what I stated is referencing Glen Beck...but JD..if you are going to accuse me of intellectual laziness, you shouldn't do so with such and intellectually lazy quip