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freshwest

(53,661 posts)
41. This is true, but we should have another way for pensions, etc.
Sun Mar 31, 2013, 01:14 AM
Mar 2013

Wall Street and Main Street, if they ever really had a healthy connection, seems to have lost it altogether. The many threads in our society, of those who work and were able to save - who are not the the enemy, or been employed by those got money to start up businesses from the firms that make up Wall Street and other groups, see their labor and efforts played with what feels like a casino.

It is not, when one considers those individuals who each and every one singly put in years of work to have the advantages they should get from that work - healthcare, homes, vehicles, education for their children (if possible) and a nest egg to retire with, usually their home, their biggest investment that sees them through their latter years without asking for help, is important.

People vote according to these things. It's hard as hell to get people to give those things up, nor should they. But the mixed system that gave us so much flexibility as individuals, public education, small loans, home loans, insurance, health care, annuities and other things to tide us through rough times, all built on the back of unions and a good manufacturing base are in disarray in many areas.

The tax base that kept up roads, schools, hospitals and services has been eroded. And hanging above it all is the sense that we have been cheated - but the fingerpointing often finds a focus that is not the real one.

From what I've seen in the last decade or more, Americans are so propagandized that they are no longer capable of seeing the big picture except the ones sold by conspiracy pundits. And they have their agendas, too.

I think the best thing we've got going is what we've always had - those who are coming up with new ideas of how to live with less, be more green and what will in the end, be an educated group of people who do go all the way to get things done.

And then the cycle begins all over again, as they will benefit from the stock market when they become the new elites that people love to hate.

Damn, it's complicated.

Recommendations

0 members have recommended this reply (displayed in chronological order):

Well put... 99Forever Mar 2013 #1
i have money in the stock market. i'm not 'very rich'. spanone Mar 2013 #6
Well then... 99Forever Mar 2013 #14
you REALLY need to take some reading comprehension classes Skittles Mar 2013 #26
And you REALLY need to be ignored. 99Forever Mar 2013 #28
AW POOR BABY!!!!!!!! Skittles Mar 2013 #29
Oh spare me leftynyc Mar 2013 #31
that one f***ing strange Skittles Mar 2013 #39
Did ya make a whole big whopping $15 a month? Spitfire of ATJ Mar 2013 #20
I hear you spanone Skittles Mar 2013 #27
Unions and pensions depend on the stock market so their people have more than Social Security dkf Mar 2013 #36
Smart people don't care about the stock market rally. Blanks Mar 2013 #2
If the stock market never works out for middle and working class people hughee99 Mar 2013 #8
Message auto-removed april dreamweaver Mar 2013 #12
It does work out for working class people, just not to the extent it enriches the already rich. dawg Mar 2013 #15
Rising stock values don't do you any good... Blanks Mar 2013 #30
True. dawg Mar 2013 #32
It's probably too early to predict a correction. Blanks Mar 2013 #33
Pension Funds are a great way to launder money. Spitfire of ATJ Mar 2013 #21
People are morons. Blanks Mar 2013 #25
Buy low and sell high, that's how you make money in the market. dawg Mar 2013 #10
DOW = bogus stats. They are not at record highs ...given "inflation". L0oniX Mar 2013 #3
Gee, L0oniX. Hate the game ... dawg Mar 2013 #5
No player = no game. n/t L0oniX Mar 2013 #7
Okay. But I just make "bets" on Fortune 500 companies ... dawg Mar 2013 #11
...but then you will hurt the gamblers. n/t L0oniX Mar 2013 #13
The DOW used to be known as a production indicator.... Spitfire of ATJ Mar 2013 #23
Recommend jsr Mar 2013 #4
I think that every time I see a post about how great market is. Zax2me Mar 2013 #9
It's a little bit satisfying to me that some people missed out on making a bunch of money ... dawg Mar 2013 #18
Damn Skippy! nt MrScorpio Mar 2013 #16
What about the ProSense Mar 2013 #17
This is true, but we should have another way for pensions, etc. freshwest Mar 2013 #41
They should. gulliver Mar 2013 #19
I'm poor and I care... ileus Mar 2013 #22
One of the biggest cons ever was the rich claiming the Depression was caused by the crash of 29... Spitfire of ATJ Mar 2013 #24
The rub is, of course... ElboRuum Mar 2013 #34
Fuck the stock market. moondust Mar 2013 #35
No..they can hire security. It's only poor schmucks who can't afford guards who will be sol. dkf Mar 2013 #37
Yeah but... moondust Mar 2013 #38
There's a stock market rally? Probably because they made workers do more for less pay. craigmatic Mar 2013 #40
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