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So have the rich men run away with all the money that could be used to employ people? And we're

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lonestarnot Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Dec-09-08 10:43 AM
Original message
So have the rich men run away with all the money that could be used to employ people? And we're
just going to print more so we can have some or what?
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Fumesucker Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Dec-09-08 10:44 AM
Response to Original message
1. Yes..
This has been another edition of simple answers to simple questions.

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NightWatcher Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Dec-09-08 10:45 AM
Response to Original message
2. you think we'll get the new stuff? I believe the phrase is "let them eat cake"
or in this time and place, "let them eat McDonalds dollar menu"
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lonestarnot Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Dec-09-08 10:50 AM
Response to Reply #2
4. I don't particularly care which ones, but new ones stick together, which in some instances may not
be a bad thing.
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leftofthedial Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Dec-09-08 10:46 AM
Response to Original message
3. partly right.
except that we're printing more so that we can give them more money to run off with before king george flees the jurisdiction.
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lonestarnot Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Dec-09-08 10:51 AM
Response to Reply #3
5. That is not the problem that I forsee.
Hyperinflation is a worry, but it is one way to take it back. :)
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madokie Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Dec-09-08 10:51 AM
Response to Original message
6. Where did hank just go and what did he take with him?
Edited on Tue Dec-09-08 11:15 AM by madokie
Kinda makes me wonder if he took a few conex's of green backs with him.


Add: where he went to is China, may still be there for all I know.
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Warpy Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Dec-09-08 10:54 AM
Response to Original message
7. St Ronnie gave them real wealth via tax cuts
and strip mined wealth from working people by his targeted tax increases, especially FICA.

Since then, their increase in wealth has been as illusory as the middle class lifestyle that people were funding by debt. Paper wealth was fiddled and diddled six ways from Sunday to make the numbers increase, but what they actually owned did not. Working people might have surrounded themselves with the latest toys, but they didn't actually own those, either.

GOPs always think they can depress wages and run an economy on debt forever and are always terribly surprised when it all falls down. This is just the latest installment of the massive failure of their economic dogma, and it's failing most spectacularly for the high flying hedge fund rich.

When a soap bubble pops, it leaves a little blob of soap behind, which is all that was ever really there. So it is with a bubble economy. All that remains to be seen is how much of it was ever really there.
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lonestarnot Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Dec-09-08 11:22 AM
Response to Reply #7
11. And it may be that masses of hungry employ the richies in their soup lines.
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Orwellian_Ghost Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Dec-09-08 10:56 AM
Response to Original message
8. .
Edited on Tue Dec-09-08 10:57 AM by Orwellian_Ghost
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Citizen Number 9 Donating Member (878 posts) Send PM | Profile | Ignore Tue Dec-09-08 10:58 AM
Response to Original message
9. Is this another promotion
for supply-side economics?
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lonestarnot Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Dec-09-08 11:20 AM
Response to Reply #9
10. Promotion? No, just speculation, which is as we all know the theft that got us in this jam.
Put a instant freeze on any moneys going to real property payments in any form ie rent, mortgages for anyone who is unemployed for a period to be determined through discussion. Put an instant stop on forcible detainer actions and require substantiation of employment search with different criteria on an ad hoc basis through examination of other certain criteria ie, length of unemployment, current living arrangements ie homeless. Employ people feeding and housing those already homeless, pay them a good wage for their labor, with healthcare benefits. Create jobs out of nothing for something.
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