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Author Topic: Money  (Read 3246 times)

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AGelbert

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Re: Money
« Reply #255 on: December 06, 2017, 03:12:35 pm »
ANYBODY that has his logic circuits so fried as to believe that the "BANKSTERS FAVOR A WELFARE STATE" has TOTALLY LOST IT!

No wonder GO mourned the death of Charles Manson. It shows the derangement particular to Libertarians is not limited to voting and supporting a racist, fascist, economy destroying, war loving, environment trashing, Bankster supporting greedball. What happened to GO's Libertarian tears about the WAR STATE and the MIC? HELLO GO? Are you there? I thought Libertarians were against WAR and were Pro-immigration. I guess your WALK is rather different from your TALK.

GO has gone FULL ORWELL! GO UNCONDITIONALLY supports the trashing of EVERYTHING he claims to defend with his LIBERTARIAN empathy defict disordered RELIGION.   

Leges         Sine    Moribus     Vanae   
Faith,
if it has not works, is dead, being alone.

AGelbert

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Re: Money
« Reply #256 on: December 06, 2017, 06:08:29 pm »
Wooden Dams And River Jams Strain US Grain Exports

December 5, 2017 by Reuters

by Karl Plume

SNIPPET 1:

America’s worst traffic jam this fall occurred on the Ohio River, where a line of about 50 miles of boats hauling grains and other products turned into a waterborne parking lot, as ship captains waited for the river to reopen.

Such delays are worsening on the nation’s waterways, which are critical to commerce for the United States, the largest grain exporter in the world. Of the country’s $40 billion in annual grain and soybean exports, about 60 percent is moved by barges on rivers, including the Ohio.

The shutdown, caused by worn or missing sections of a dam, snarled traffic from early September into early November through Locks & Dam No. 52 near Paducah, Kentucky. It was the second shutdown in two months at No. 52, which is among the country’s busiest locks with about $22 billion a year of commodities flowing through it.

The lock, which has been earmarked for replacement by the Army Corps of Engineers for three decades, is one of many choke points along 25,000 miles of waterways used to transport everything from grains to consumer goods to coal.

SNIPPET 2:

Most of the country’s 239 locks have exceeded their half-century design lives, and nearly half the vessels that use the nation’s inland waterways now experience delays, according to the American Society of Civil Engineers.

The average delay per lock has nearly doubled on the waterways since the beginning of the century, rising to 121 minutes in 2014 from 64 minutes in 2000, the group said.

Full article with several pictures:

http://gcaptain.com/woode...-strain-us-grain-exports/

Agelbert NOTE: Trump is doing NOTHING to solve this infrastructure problem. Right wingers and Libertarian MORONS think the "free market" will take care of this by privatizing every single bit of infrastructure our GOVERNMENT BUILT. These brain dead IDIOTS do not understand that privatizing all that infrastructure is exactly how you will cause food prices to SKYROCKET. Greed has so deranged these right wingers of all types that they can no longer think past their Trump worshipping insanity.  >:(
Leges         Sine    Moribus     Vanae   
Faith,
if it has not works, is dead, being alone.

AGelbert

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Re: Money
« Reply #257 on: December 06, 2017, 08:36:06 pm »
Workers Create All Wealth Not Billionaires (w/Guest Alex Lawson)


Thom is joined by Alex Lawson of Social Security works to discuss the differences between Republicans, how we can fight their tax scam and why they are still trying to feed us this horse crap, trickle down theory!

Thom Hartmann Dec. 5, 2017 3:30 pm

Agelbert NOTE: Thom brings up an interesting bit of history. Way back in the 1880's, when the Libertarian CROOKS were running America, they had a cute little saying that they cleverly fed to the people. You see, a horse eats its fodder and poops a type of poop that sparrows love to eat because the poop has undigested oats in the horse droppings! Well, they said the gooberment should allow the "horses" (i.e. the robber barrons and other assorted Libertarian "small government" sons of Belial ) to do their "job creating" thing (i.e. Laissez-faire plunder and mayhem ) because we sparrows will "benefit" from all those undigested "goodies" the rich are "kind enough" to deliver to us on a regular basis.  Thus, the Horses and Sparrows Theory was born. THAT was how the "Trickle Down Theory"  HORSESHIT originated. But it actually goes all the way back to the Sheriff of Nottingham! :o 

The main thing for you readers to remember is that the rght wingers/Libertarians/fascists were Horshitting us even before they were Bullshitting us! Those profit over people and planet CON ARTISTS have ALWAYS been allergic to telling the truth!

Hey right wingers! Go HORSESHIT SOMEBODY ELSE, you lying, double talking, GREEDBALL CRIMINALS! 
Leges         Sine    Moribus     Vanae   
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if it has not works, is dead, being alone.

AGelbert

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Re: Money
« Reply #258 on: December 08, 2017, 12:50:06 pm »
Bitcoin Is Not a Currency, It’s an (Unsafe) Investment

by Chris Hoffman on December 8th, 2017

SNIPPET:

If the creators of Bitcoin wanted it to act like a currency, they sure made a lot of weird decisions. Bitcoin doesn’t function well as a currency, for reasons that are inherent to its design. It’s an investment people are speculating on…and even then, it’s more gambling than it is a stable investment.

Full article:

https://www.howtogeek.com...its-an-unsafe-investment/
Leges         Sine    Moribus     Vanae   
Faith,
if it has not works, is dead, being alone.

AGelbert

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Re: Money
« Reply #259 on: December 08, 2017, 01:10:11 pm »
One in five American households have ‘zero or negative’ wealth   

Millions of Americans are living on the edge.
One in five households has zero or negative wealth, according to a report released this week by the Institute for Policy Studies, a progressive think tank based in Washington, D.C. What’s more, an even greater share of African-American (30%) and Latino (27%) households are “underwater” financially. The combined impact of $1 trillion in credit-card debt, $1.4 trillion in student loan debt, and stagnant wages are taking a toll.

U.S. homes have regained value since the Great Recession, but many households have not. “Millions of American families struggle with zero or negative wealth, meaning they owe more than they own,” the report found. “This means that they have nothing to fall back on if an unexpected expense comes up like a broken down car or illness.” And inequality could get worse through new tax cuts for the wealthy.

President Trump’s tax proposals won’t give America’s middle class the reprieve they need to grow their wealth and recover from the financial crash, said Josh Hoxie, who heads up the Project on Opportunity and Taxation at the Institute for Policy Studies. A recent analysis by the Joint Committee on Taxation concluded that taxes would decline for all income groups, with the biggest percentage-point decline for millionaires.

After-tax income would rise by nearly 7% for households earning over $1 million per year, compared to less than 2% for those earning between $50,001 and $1 million, as MarketWatch recently reported. And less than 1% for those earning less than $50,000, according to Ernie Tedeschi, an economist at Evercore IS investment banking advisory firm who worked in the Treasury Department under President Obama.


Looking at private income, such as earnings and dividends, and government benefits like Social Security, the income of families near the top increased roughly 90% from 1963 to 2016, while the income of families at the bottom rose less than 10%, according to a separate report released last month by the Urban Institute, a nonprofit policy group based in Washington, D.C., while most other groups have been left behind.

And that gap between rich and poor is only going to get worse, Hoxie said. The wealthiest 25 individuals in the U.S., including Microsoft MSFT, -0.35%  co-founder Bill Gates, Amazon AMZN, +0.58%  CEO Jeff Bezos and Facebook FB, +0.26% CEO Mark Zuckerberg, own $1 trillion in combined assets. These 25 — a group equivalent to the active roster of a major league baseball team — hold more wealth than the bottom 56% of the U.S. population.

https://www.marketwatch.c...egative-wealth-2017-11-11

Quote
"Capitalist ideology claims that the world is perfectly ordered and everybody is in their place (i..e. everybody gets what they deserve). This self legitmating aspect of Capitalism is Socially Catastrophic. This is the Victorian view of the world." Rob Urie - Author " Zen Economics"

Agelbert NOTE: The only thing that the POS POTUS Trump will give anybody but his 0.01% partners in crime is pictured below:




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if it has not works, is dead, being alone.

AGelbert

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Re: Money
« Reply #260 on: December 10, 2017, 08:47:12 pm »
Robert Reich: The Resistance Report 12/4/2017


Inequality Media Civic Action

Published on Dec 4, 2017

On tonights Resistance Report, we look at the Republican tax plan and the attack it will involve on social safety nets. Then we discuss oligarchy vs democracy and Trump putting himself above the law.
Leges         Sine    Moribus     Vanae   
Faith,
if it has not works, is dead, being alone.

AGelbert

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Re: Money
« Reply #261 on: December 13, 2017, 09:30:16 pm »


December 13, 2017

Virtually No Economist Believes the GOP Tax Bill Will Generate Growth

The $1.5 trillion growth dividends that Republicans project on their tax bill remained the same at 20% and at 21% , this shows that they are picking the figure out of the air, and it is "pretty far-fetched," says economist Dean Baker


Dean Baker is co-director of the Center for Economic and Policy Research in Washington, D.C. He is the author of several books, his latest being "Rigged: How Globalization and the Rules of the Modern Economy Were Structured to Make the Rich Richer".


http://therealnews.com/t2...emid=74&jumival=20695
Leges         Sine    Moribus     Vanae   
Faith,
if it has not works, is dead, being alone.

 

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