Why the Rich Don't Feel Rich
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Being jealous of what other people have is, as George Carlin pointed out, the basis for the entire economy. Your neighbor, he said, gets a solid gold vibrator that plays 'Oh come, all Ye faithful', and you wanna get one too! |
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I'm not talking about Joe Blow on the other side of town with a nice car and twice my salary. I'm talking about an entire world economy based on fictional money. Trillions of dollars of national debt, most of it completely made up. That money that is lent isn't based on gold in some bank vault. It's literally created out of thin air for the purpose of debt. Banks trade and sell debt. Gamblers on wall street get rich off of that alone. It's what caused the economic crisis to begin with. It's what causes every bubble and the subsequent crash of that bubble. It's sick. So yes, I think we'd be better off. I think it's a misconception that if there wasn't some giant 2 big 2 fail bank to lend money, business wouldn't exist. It would exist. It would just have to be responsible. |
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Rockman. Read a book. |
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- Thomas Jefferson |
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I guess we learned nothing. |
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Student debt is the bubble getting ready to burst. And burst very very very hard. My total loan debt is just under my annual salary. |
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God damn all those greedy students with their free boats ruining our economy. |
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Appropriate since Jude is both winter and summer folk. |
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And you're simply regurgitating the beliefs instilled in you by cultural hegemony with no real thought process behind them. |
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Wait, Niktrist is the "cultural hegemony" now? ![]() |
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oh I get it you're a marxist, that's cute. |
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Oh, you can use wikipedia now, that's cute. No, I just think that the super rich and corporations have become way too powerful, our government is corrupt and serves only their interests, and the people are screwed royally. I'm by no means a communist, I think people should be able to work to better their lives and social standing. The problem is there's very little class mobility, which used to be the heart of the American dream, left in this country, and the powers continue to take more of it away. They do it with Patriot acts and gun control, inciting meaningless class and racial tension that serves as a red herring to the real problem, and with the continual promotion of rampant consumerism on top of debt while at the same time moving all of the jobs overseas where they can basically get slaves to do them. I think that all the things that both the left and the right complain about and blame each other for are actually part of a concerted effort by the powers that be to oppress the people, I've been saying this for some time about everything, and I'm honestly astonished that everyone doesn't see it. The tea party and the occupy movement were both railing against, and ultimately trivialized, marginalized, perverted, and squashed by these interests and the powers that be by people like you (or your leftist equivalent), who just take what you've been trained to think by the powers that be and their media pundits and regurgitate it without ever really thinking about what any of it means or what's really going on. You don't need to back it up with any kind of logical argument for why things work the way they do. You just accept it as the truth because it's the way things are. Your platitudes about people "paying their debts" are silly because it's not a matter of a person who worked hard to gain or create property selling it to a person who needs that property. It's huge financial institutions, immune to any kind of accountability even to government, in control of that government because politics in this country are entirely based on money, in control of all of the real estate in the country. Unless you're a millionaire, the only way you can own property in this country is by taking a mortgage and paying interest to banks, and if you can't afford that you can at least pay them through rent. There's no alternative, and therefore, no real constraint of supply and demand to keep prices in any way reasonable. Because, make no mistake, when the market went bust and real estate prices dropped, rent prices rose. Because people HAVE to live somewhere, and the banks gotta have that money. That's not a free market. It's tyranny. |
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