Inflation! (ot)

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Messages 101 - 120 of total 121 in this topic << First  |  < Previous  |  Show All  |  Next >  |  Last >>
Ron Anderson

Trad climber
Soon to be Nipple suckling Liberal
Topic Author's Reply - Jun 20, 2013 - 02:16pm PT
gads man.. TO ARMS!!!
JEleazarian

Trad climber
Fresno CA
Jun 20, 2013 - 02:42pm PT
Ten dollar a gallon gas in less than 5 years.

Well, at least admission to national parks won't go up for me. I finally got my Senior Pass (aka Golden Turkey).

In all seriousness, though, the extent of "quantitative easing" makes some inflation inevitable, as it has been for several years. The only question is when. The sad truth is that given political reality, it's probably the most likely way the excess from the Housing Bubble will work itself out.

John
lostinshanghai

Social climber
someplace
Jun 20, 2013 - 03:16pm PT
Just my two cents worth in this matter.

Now needs to be updated: making it four cents due to inflation.
TGT

Social climber
So Cal
Jun 20, 2013 - 03:20pm PT
More like a dime.

A two dollars and sixty cents if you go back to when the two cents comment originated.

(1926)
Ken M

Mountain climber
Los Angeles, Ca
Jun 20, 2013 - 04:07pm PT
Our wealth has been redistributed on the stealth

This is a true statement.

However, not in the way that you think. The very wealthy have done VERY well during the last 5 years, 10 years, 20 years. And will continue to do so.

There has been a significant shift in the ownership of America, the wealth of America, and the income distribution in America.

And it has not been FROM the wealthy, but TO the wealthy.

Look at what has happened to the minimum wage in the last 20 years, and look at the average income of the top 1%......you will see what has happened.
apogee

climber
Technically expert, safe belayer, can lead if easy
Jun 20, 2013 - 04:14pm PT
"The very wealthy have done VERY well during the last 5 years, 10 years, 20 years. And will continue to do so."

What cracks me up is that Repubs defend this shift of wealth as though it's a shining example of the individual rewards of capitalism, and probably have an unspoken fantasy that some day, they too, will be one of the 1%. Dream on...it's an exclusive club, and they don't want you there.
Elcapinyoazz

Social climber
Joshua Tree
Jun 20, 2013 - 04:14pm PT
^^^^^^

Yep.
goatboy smellz

climber
Nederland-GulfBreeze
Jun 20, 2013 - 04:35pm PT
The rich get richer because they have money and know how compounded interest continuously works. There is no conspiracy against the working poor. This is America, if you can't make it here, unless your disabled, you are not working smart enough.
Dingus Milktoast

Gym climber
And every fool knows, a dog needs a home, and...
Jun 20, 2013 - 04:41pm PT
What cracks me up is that Repubs defend this shift of wealth as though it's a shining example of the individual rewards of capitalism, and probably have an unspoken fantasy that some day, they too, will be one of the 1%. Dream on...it's an exclusive club, and they don't want you there.

That's the GOP Carrot, right there.

Just like Hero, is military carrot.

And 'making a living in a fair world' is the democrat carrot.

Its all a big pile of horse sh#t.

Vote for your best interests whatever you think they are. Wanna spray about them reasons expect to get sprayed in return.

DMT
Norton

Social climber
the Wastelands
Jun 20, 2013 - 04:45pm PT
This is America, if you can't make it here, unless your disabled, you are not working smart enough.

good point

however, both having jobs available and being able find and get to one in many parts of this country for people without at least college education is the real problem

we are in the midst of chronic long term hyper underemployment
goatboy smellz

climber
Nederland-GulfBreeze
Jun 20, 2013 - 04:47pm PT
Some of the success stories I've seen rise to the 1% come from immigrants, they create their own jobs and start more for others, they know how bad it's like outside the USA and can appreciate what we have way more than the locals.

It's not unpossible, you just have to have the drive to buckle down buttercup and handle the rough ride. Some folks want jobs handed to them, others want to forge their own path and enrich those around them.

"long term hyper underemployment", ummwut? How does that work, somebody has to make the doughnuts and pies.



Splater

climber
Grey Matter
Jun 20, 2013 - 05:31pm PT
As already explained on the Wealth Distribution thread, there are countless ways that the rich have gamed the system at the expense of others. Why else would they spend billions of dollars lobbying politicians and the media, except to get a return of 100:1 in payouts?
What is the ratio of top executive pay in the US to the average wage vs the ratio of 40 years ago?
What is carried interest?
What was the Glass-Steagall act?
What are today's effects of Prop 13?
Why are companies allowed to borrow against pension funds?
What is ALEC?
What is the effect of Citzens United?
What are the special rules for student loan terms?
What is Mitt Romney's total tax rate vs. mine?
What percent of crooked trading does the SEC stop?
How many big bankers went to jail after the financial crisis?
What did the FERC do in the 2001 California power crisis?
What is the tax purpose of a 1031 exchange?
What is the Revolving Door?
What percent of luxury sports arena skyboxes are written off as corporate expenses?
Why was Tesoro allowed to buy BP (Arco) assets in CA, allowing 2 suppliers, Chevron and Tesoro, to control 53% of production?
Dave Kos

Social climber
Temecula
Jun 20, 2013 - 05:44pm PT
What is in those pies?
Gary

Social climber
Desolation Basin, Calif.
Jun 20, 2013 - 06:02pm PT
blah:

"You got thatbackwards. Conservatives love to give the money we earn to Wall Street."

Actually I think both parties do a pretty good job of that, and I wouldn't assume the Repubs funnel any more money to Wall Street that Dems.

Let's see, how did the ex-governor of NJ, also ex-CEO of Goldman Sachs, and Democrat Jon Corzine make out?

Like the thieves they are? Both parties are capitalist parties, that's for sure. They are happy to see what we create and build confiscated by Wall Street.

Then they call us the moochers. Sweet!
Dave Kos

Social climber
Temecula
Jun 20, 2013 - 06:08pm PT
Who is "Wall Street" anyway?

Some of the biggest players on Wall Street are pension funds.
mountainlion

Trad climber
California
Jun 22, 2013 - 08:32am PT
I haven't seen anyone punished from Wall Street for what they did to our and the global economy...

As far as who "they" are---we all are "they" if we care more about making an obscene profit than we do about promoting the common good. "They" are the ones stealing from all of us without conscience and without PUNISHMENT. If you know one of these people OUT them , out the companies they work for and make them defend their actions (our ancestors did).

Most climbers I know want and have an envious lifestyle but they care about other people for the most part...haven't met a climber from Wall St.

Poor working class people the world over need to unite and let the bastards know that they can have the GUNS we got the NUMBERS.

Reilly

Mountain climber
The Other Monrovia- CA
Jun 22, 2013 - 09:21am PT
The small bag was $33 and, yes, it was from Whole Paycheck.
The bag of beef was $90! WTF?
It's expensive feeding Super Tacoheads! Or should I say, Super Tacomouths?

Credit: Reilly
rottingjohnny

Sport climber
mammoth lakes ca
Jun 22, 2013 - 09:25am PT
Reilly....And the $30.00 worth of Metamucil to wash it all down...?
Ron Anderson

Trad climber
Soon to be Nipple suckling Liberal
Topic Author's Reply - Jun 22, 2013 - 10:17am PT
I hear ya Reilly. I bought a 2x4 slab of 3/4 " plywood yesterday eve, for 17.95..
TGT

Social climber
So Cal
Jun 22, 2013 - 08:07pm PT
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