Why Aren't We Having a Middle Class Revolt?

[Samm]

Originally Posted by 4-2-7

Im not manipulating it but the banks an government is. Thats what you can't comprehend.

If you can't point you finger at the GOP, Greedy corporations, Christians, tea party it doesn't fit your agenda. Your conclusion it's not true, pretty narrow minded for such an intellectual.

Remember 4-2-7 these are probably people who cant figure out that a 5 oz. can of tuna is less tuna than a 9 oz can of tuna.
"but .. but the can doesn't look much smaller"

[4-2-7]

Originally Posted by BlueStreak

It's as simple as this;

When I see the folks at, or near the bottom, getting hours (pay) cut to avoid payment of benefits and at the same time, I see the folks they work for making so much money, they can stash billions of it offshore to avoid paying taxes and still live like royalty, here......

I'm thinking someone is full of shit when they cry "oppression". And, NO, it's not the sixty year old woman stocking shelves at Home Depot, or the thirty year old single Mom working two jobs to keep her kids fed..

And, NO, I do not think giving the top 3% another round of tax cuts will fix anything. Just more for them to squirrel away, benefitting none of us.

I don't need your bullshit charts, or your worn out ideology. I see where the money is going. And, it sure as hell isn't ending up in the pockets of anyone who punches a clock.

F**k "Trickle Down", it does not work. It's a lie.

Dave

Trickle Down is just another way of saying Microeconomics you can't avoid that. Without the fat cats you will make nothing. Government does not generate New Money.

What you all fail to recognize is why the money you earn does not cover the cost of living well. Samm and I are both trying to show you but it does not fit the narrative that you all want.

When the government and the banking system hides the loss of the value of the USD, The worker suffers because there wages do not keep up with the cost of living. It's a loose loose when they manipulate Inflation & Interest rates.

The money you earn looses Purchasing Power.
The money you save Looses Purchasing Power and the value is syphoned off by the banks.

[finnbow]

Originally Posted by 4-2-7

Trickle Down is just another way of saying Microeconomics ...

Oh my. Your idiocy when it comes to the fundamentals of economics knows no bounds.

[4-2-7]

Originally Posted by Samm

Remember 4-2-7 these are probably people who cant figure out that a 5 oz. can of tuna is less tuna than a 9 oz can of tuna.
"but .. but the can doesn't look much smaller"

Exactly

That one dollar bill still says it's a dollar. When in fact they should print 10 cents on it.

They think the value of Precious Metals are going up. Failing to see the metals are just an indicator of the devaluation of the fiat currency it's weighed against.

Ten Year Chart


They move in the opposite direction..

The Federal Reserve's Explicit Goal: Devalue The Dollar 33
http://www.forbes.com/sites/charlesk...the-dollar-33/

2/06/2012

The Federal Reserve Open Market Committee (FOMC) has made it official: After its latest two day meeting, it announced its goal to devalue the dollar by 33% over the next 20 years. The debauch of the dollar will be even greater if the Fed exceeds its goal of a 2 percent per year increase in the price level.

An increase in the price level of 2% in any one year is barely noticeable.


Ten Year Chart USD


This is the past ten years so what do you think will happen in the next ten years.

[Samm]

Blue, I am not arguing that trickle down works. That is caused "cronyism" and is a polar opposite of true capitalism.
The whole QE program is to raise the balance sheets of the banks and the lie that has been fed to the people that it is to stimulate the economy is an insult to the peoples intelligence.
Treasury creates bonds out of nothing(monetizes) when they have buyers (a global need for USD's " reserve currency") Emerging markets (developing countries) are dumping their reserves and investors are scattering due to the tapering. It is a catch 22 and they are damned if they do and damned if they don't. They only ones they can get to buy our bonds now is the fed res.
If the "stimulus program" was truly meant to stimulate the economy then the federal reserve would not offer a safe haven to store the money that the fed res. stock holding banks received at 0% interest then can turn around and put it back in the fed. res. at a small but profitable .05%. They would force the banks to loan out the money they are getting for free by making the safe haven a negative interest rate ----.05%.
The government is the puppet of the fed and allows our dollar to be used through cronyism to destroy the savings and PPI (purchasing power) of our dollar to keep the slaves working.
Did you know when you sign a 30 yr mortgage that "money" is created by nothing more than your signature to labor for 30 yrs to repay a debt that never existed outside your signature.

[4-2-7]

Originally Posted by finnbow

Oh my. Your idiocy when it comes to the fundamentals of economics knows no bounds.

Don' cry the next time your 401k (201k) loses value overnight.

[Samm]

Originally Posted by 4-2-7

Exactly

That one dollar bill still says it's a dollar. When in fact they should print 10 cents on it.

They think the value of Precious Metals are going up. Failing to see the metals are just an indicator of the devaluation of the fiat currency it's weighed against.

Ten Year Chart


They move in the opposite direction..

The Federal Reserve's Explicit Goal: Devalue The Dollar 33
http://www.forbes.com/sites/charlesk...the-dollar-33/

2/06/2012

The Federal Reserve Open Market Committee (FOMC) has made it official: After its latest two day meeting, it announced its goal to devalue the dollar by 33% over the next 20 years. The debauch of the dollar will be even greater if the Fed exceeds its goal of a 2 percent per year increase in the price level.

An increase in the price level of 2% in any one year is barely noticeable.


Ten Year Chart USD


This is the past ten years so what do you think will happen in the next ten years.

Sadly to that is just the numbers that they parrot but if it is a repeat of the increase as an example of the one from 1980-1990 it would look more like the scenario that Mr Williams produces based on 1980 processes.
"The 1980-base SGS index calculates out to a 147%
In contrast, the official CPI-U was reported up by 32% over the same period. While 1980-base SGS inflation overstates the inflation suggested by most of the proffered data, the government’s CPI-U understates inflation in most of the same data. For the same period, the 1990-base SGS inflation would have been up about 77%.

[finnbow]

Originally Posted by 4-2-7

Don' cry the next time your 401k (201k) loses value overnight.

I'm very comfortable with my investments, my paid-off house and my generous pension, thanks. My knowledge of economics and investments have paid off very handsomely. How have yours done?

[4-2-7]

Originally Posted by finnbow

I'm very comfortable with my investments, my paid-off house and my generous pension, thanks. My knowledge of economics and investments have paid off very handsomely. How have yours done?

Well in metals alone look at the investment ten years ago multiply it by 5000.

Look at the gain the past ten years and multiply it by 5000.

then subtract one from the other.

I also don't look at this as a investment for fiat gain.

It is called wealth storage to preserve my earning and there purchasing power over time.

[Samm]

I figure over the last 10 years Im up about 485%. I don't know any managed retirement fund or ETF that can claim that.