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Blood Boil: Wealth Inequality in America

 
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binky622 View Drop Down
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Post Options Post Options   Thanks (2) Thanks(2)   Quote binky622 Quote  Post ReplyReply Direct Link To This Post Posted: Mar 05 2013 at 12:30pm
Originally posted by Nijjah25 Nijjah25 wrote:

Originally posted by binky622 binky622 wrote:

I was on my way to work, thinking of how we let banks talk us into paying them to use our money. they use our money for free yet we pay themStern Smile



where do you keep your money binks?

banks like the rest of us but i remember my great aunt use to say she didn't trust banks and kept her money in the houseLOL

look you cant even count on 401k being reliable for retirement now they say you need more than that wft like roth IRA's and stuff more ways to use our money and pay to use it then steal itSleepy
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Junior Jr View Drop Down
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Post Options Post Options   Thanks (1) Thanks(1)   Quote Junior Jr Quote  Post ReplyReply Direct Link To This Post Posted: Mar 05 2013 at 12:31pm
my sneakers have done nothing but appreciate. keep putting your money in the back, suckers
 
jr.
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binky622 View Drop Down
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Post Options Post Options   Thanks (1) Thanks(1)   Quote binky622 Quote  Post ReplyReply Direct Link To This Post Posted: Mar 05 2013 at 12:33pm
Originally posted by BeatriceBean BeatriceBean wrote:

Originally posted by binky622 binky622 wrote:

the point really is, what can we as middle class do about it? as an individual what can we do? it starts in the voting booth. I fear it will get worse before it get s better. 
 
I don't believe that it starts in the voting booth anymore, and I feel so weird for saying that. Our elected officials show us time and time again that we are a non-mutha&*%(ing factor in their decisions yet we keep voting them in. I still believe in the importance of voting, but I believe that we need to make demands clear before elections begin, and let potential candidates know what will happen if our needs aren't met.
 
These politicians are holding the public by the balls and it's time for us to take our power back. They work for us and we need to remind them of such.

I would like to see them cast the net wider for candidates you have to have money to run what about the everyday man/woman. slowly investors are backing them because they see America is getting wind of their trickery.  Carl Rove the politico that he is studying just that you should see the analysis/parametersDead
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Post Options Post Options   Thanks (1) Thanks(1)   Quote SamoneLenior Quote  Post ReplyReply Direct Link To This Post Posted: Mar 05 2013 at 12:39pm
Originally posted by tasty0619 tasty0619 wrote:

Wow, it makes sense though. Given that wealth is typically defined as assets you can pass on to your descendants-lower class people are barely getting by, and are probably saving little. If they do save it is NOT in the higher interest yield methods, it's in a regular savings account where you make like .01% a year-probably way more than what many pay the bank for a checking account. And with the middle class the things aren't much better....it isn't until you get out of the middle class range where you can save and invest and put those assets aside for your children.

And IA binky, they "keep you at the bottom and tease you with the upper crust, you get it then they move it so you never keeping up enough" word to Lupe. 


and people seem like they have no desire to even do this

word to the "if I struggled you will have to struggle too threads"
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Post Options Post Options   Thanks (1) Thanks(1)   Quote OoDles O Quote  Post ReplyReply Direct Link To This Post Posted: Mar 05 2013 at 12:50pm
I was watching some news show with Robert Reich commenting on how the average CEO's income grew by like 300% in the past 30 something years compared to the average worker.

this was when they were bickering over raising taxes.

... any american worker would take a 300% raise in exchange for a slight tax increase . 


Edited by OoDles O - Mar 05 2013 at 12:58pm
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Post Options Post Options   Thanks (0) Thanks(0)   Quote tasty0619 Quote  Post ReplyReply Direct Link To This Post Posted: Mar 05 2013 at 12:55pm
Originally posted by SamoneLenior SamoneLenior wrote:

Originally posted by tasty0619 tasty0619 wrote:

Wow, it makes sense though. Given that wealth is typically defined as assets you can pass on to your descendants-lower class people are barely getting by, and are probably saving little. If they do save it is NOT in the higher interest yield methods, it's in a regular savings account where you make like .01% a year-probably way more than what many pay the bank for a checking account. And with the middle class the things aren't much better....it isn't until you get out of the middle class range where you can save and invest and put those assets aside for your children.

And IA binky, they "keep you at the bottom and tease you with the upper crust, you get it then they move it so you never keeping up enough" word to Lupe. 


and people seem like they have no desire to even do this

word to the "if I struggled you will have to struggle too threads"

Exactly.I know some of you were afraid, but I wonder how this actually plays out when race is introduced into the equation. I think the numbers for black folk would be relatively low. 

And I get wanting to teach your children to be humble, and to have a good work ethic-but there's a difference between throwing your kids to the wolves, and preparing/helping them to deal with financial struggles.
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Post Options Post Options   Thanks (0) Thanks(0)   Quote Lhdc2011 Quote  Post ReplyReply Direct Link To This Post Posted: Mar 05 2013 at 1:08pm
We have no real chance in this world
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