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re: Arkansas Frat Giving Protesters Tha Bidness

Posted on 10/12/11 at 12:10 pm to
Posted by WildTchoupitoulas
Member since Jan 2010
44071 posts
Posted on 10/12/11 at 12:10 pm to
quote:

50% of the problem right now has nothing to do with the whole 1% argument.


quote:

As long as its people without money making the noise, the people with the money are just going to hit the mute button.


What's the problem again...?

Posted by Hognoxious
Rogers, AR
Member since Dec 2010
209 posts
Posted on 10/12/11 at 12:13 pm to
quote:

50% of the problem right now has nothing to do with the whole 1% argument. It's the fact that governement is allowing possibly the most important food crop in this country to be used to make fuel now.




While I agree the ethanol is a complete and total failure, this is no where near 50% of the problem. How do you even come to such an arbitrary number?
Posted by ThaKaptin
The Sultan of Swag
Member since Nov 2010
21741 posts
Posted on 10/12/11 at 12:16 pm to
quote:

What's the problem again...?


My point with that statement was they they are wasting their time protesting something that is money driven when they have no money and they should get behind something that actually has a chance of getting changed. Something that is a HUGE part of the problem and isnt related to the crap they are protesting.
Posted by BamaFan89
T-Town
Member since Dec 2009
19303 posts
Posted on 10/12/11 at 12:17 pm to
quote:

Mitt Romney said "corporations are people too" if that's the case the 1% are responsible for this mess and deserve the protests that are targeting them.


Could you please define the "1%" for me.
Posted by ThaKaptin
The Sultan of Swag
Member since Nov 2010
21741 posts
Posted on 10/12/11 at 12:19 pm to
quote:

How do you even come to such an arbitrary number?


Have you noticed the price of groceries lately? The price of food at restaurants? Like it or not, food is the one thing in this world that you CANNOT live without. You can live with no money. Homeless people do it every day. But you cannot live without food. It is the one thing that every single person in this country has to buy. When it goes up in price almost completely across the board, it becomes a major problem and it affects the cost of living more than anything else. Except maybe fuel.. oh wait...
Posted by WildTchoupitoulas
Member since Jan 2010
44071 posts
Posted on 10/12/11 at 12:37 pm to
quote:

My point with that statement was they they are wasting their time protesting something that is money driven when they have no money

So basically we have officially been cut off from the government if we don't have money.

Money = speech. No money, no speech.

Got it.

And the problem is corn.

Right.
Posted by Hognoxious
Rogers, AR
Member since Dec 2010
209 posts
Posted on 10/12/11 at 12:39 pm to
quote:

Could you please define the "1%" for me.


LINK

There's a list that will get you started. While this list is very small, that % doesn't have the same ring to it as an even 1%.

By definition, currently, the 1% are households with income over $380,354.00. 6 years ago, the top 1% made $307,500.00. That's a jump in pay of nearly 24%. Given the state of the economy there haven't been many workers that have seen pay raises of that size. If you can't see there's a widening wealth gap in this country you need to do some research.

The individuals on the Forbes list are mostly responsible for the widening wealth gap. This gap has zero to do with laziness or willingness to work. It has everything to do with executives doing everything they possibly can to get their multi-million dollar bonus at the end of the year. This includes buying politicians to pass legislation that will positively affect their line of business, and laying off workers buy the thousands.
Posted by ThaKaptin
The Sultan of Swag
Member since Nov 2010
21741 posts
Posted on 10/12/11 at 12:41 pm to
quote:

And the problem is corn.

Right.


I was speaking strictly from an economical standpoint tard. Pretty sure that was clear.
Posted by plazadweller
South Georgia
Member since Jul 2011
12308 posts
Posted on 10/12/11 at 12:46 pm to
Buddy Ro the price of corn has fluctuated a great deal. It's been @ $5/bu and then it'll be at $3.50/bu. This past year's domestic production of corn was bad. Very bad. All farmland near the Mississippi River had near total loss in production from flooding. Yeah the price of corn may have something to do with it, but I don't think it's affecting things to the level you are thinking. The price of OIL is something you need to be looking at.
Posted by BamaFan89
T-Town
Member since Dec 2009
19303 posts
Posted on 10/12/11 at 12:47 pm to
quote:

LINK

There's a list that will get you started. While this list is very small, that % doesn't have the same ring to it as an even 1%.


So the 1% is just corporations? But what about those millionaires and their private jets?

quote:

By definition, currently, the 1% are households with income over $380,354.00. 6 years ago, the top 1% made $307,500.00. That's a jump in pay of nearly 24%. Given the state of the economy there haven't been many workers that have seen pay raises of that size. If you can't see there's a widening wealth gap in this country you need to do some research.


The Top 1% of income earners pay about 40% of all Federal Income Taxes. The bottom 50% pay nothing.

quote:

The individuals on the Forbes list are mostly responsible for the widening wealth gap.


Link?

quote:

This gap has zero to do with laziness or willingness to work. It has everything to do with executives doing everything they possibly can to get their multi-million dollar bonus at the end of the year.




It's the executive's job to make the company money. That's what they were hired for.
Posted by ThaKaptin
The Sultan of Swag
Member since Nov 2010
21741 posts
Posted on 10/12/11 at 12:47 pm to
quote:

Buddy Ro the price of corn has fluctuated a great deal. It's been @ $5/bu and then it'll be at $3.50/bu. This past year's domestic production of corn was bad. Very bad. All farmland near the Mississippi River had near total loss in production from flooding. Yeah the price of corn may have something to do with it, but I don't think it's affecting things to the level you are thinking. The price of OIL is something you need to be looking at.



I own and operate a feed and grain store and I can tell you with absolute certainty, corn has not fluctuated at the wholesale or retail level 1 cent in the last 3 years. It's been nothing but up up up. Which tells me that when it fluctuates on the commodity level as you are saying, then its getting bought up and held to make sure the price on the consumer level never goes down.
This post was edited on 10/12/11 at 12:50 pm
Posted by Hognoxious
Rogers, AR
Member since Dec 2010
209 posts
Posted on 10/12/11 at 12:48 pm to
Legalizing hemp for industrial purposes would greatly alleviate the problems you're talking about.

:nb4hippie:
Posted by WildTchoupitoulas
Member since Jan 2010
44071 posts
Posted on 10/12/11 at 12:50 pm to
quote:

The price of OIL is something you need to be looking at.

The price of commondities is not going up so much as it's the value of the dollar going down.

Inflation.
Posted by ThaKaptin
The Sultan of Swag
Member since Nov 2010
21741 posts
Posted on 10/12/11 at 12:53 pm to
quote:

Inflation.


Caused my the money traders driving up prices on commodities in an unnatural way. They are driving up the price whether supply is down or not. This years corn crop was supposed to be stellar, but lo and behold, a week before the crop even came out, the price skyrocketed. Why? Because it was help up to drive the price up so that the price would not drop back below what it was before. But for the 3rd year in a row, they crop didnt come in the way it was supposed to and so instead of the price coming back down to a manageable level, it just climbed higher.
Posted by plazadweller
South Georgia
Member since Jul 2011
12308 posts
Posted on 10/12/11 at 12:53 pm to
I'm still gonna keep my opinion about OIL.
Posted by BamaFan89
T-Town
Member since Dec 2009
19303 posts
Posted on 10/12/11 at 12:54 pm to
quote:

Legalizing hemp for industrial purposes would greatly alleviate the problems you're talking about.


I agree with this. In fact, the legalization of marijuana would help alleviate several problems.
Posted by ThaKaptin
The Sultan of Swag
Member since Nov 2010
21741 posts
Posted on 10/12/11 at 12:55 pm to
quote:

I'm still gonna keep my opinion about OIL.


You do realize that since corn is being traded as a fuel commodity now instead of a food commodity that your OIL argument only helps mine right? They are directly related because they are used together to make the gas we burn in our vehicles every day.

This post was edited on 10/12/11 at 12:56 pm
Posted by Razorologist
Member since Aug 2011
1538 posts
Posted on 10/12/11 at 1:17 pm to
Here is a graph based on data from the Congressional Budget Office. The tax cuts under Bush put us more in debt than the wars. You take that much money out of the purse and it hurts. Obama wants remove that tax break and go back to the rate under Clinton. And as you can see, Obama has not implemented that many new programs. He hasn't contributed that much to the federal deficit. The debt is rising b/c the new policies Bush implemented are still accruing debt under this administration. If Obama ended the wars and raised the taxes....look how much that would contribute to pulling us out of the hole.

Link to New York Times

LINK

This post was edited on 10/12/11 at 1:23 pm
Posted by Damn Good Dawg
Member since Feb 2011
47325 posts
Posted on 10/12/11 at 1:34 pm to
quick question, so these people who keep posting this OCCUPY horse shite are liberal, hipsters douches right?
Posted by GregYoureMyBoyBlue
Member since Apr 2011
2964 posts
Posted on 10/12/11 at 1:38 pm to
So can we take this to the Political and Money board now?
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