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rhett o rick

(55,981 posts)

90. So what's the name of this bubble? They seem only to get named after they burst.

Reply to Scuba (Original post)

Sat May 4, 2013, 04:27 PM

May 2013

And it's about time.

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My sis found this on FB: "Now that the Dow is at an all time high ... [View all] Scuba May 2013 OP

silly naive quote. graham4anything May 2013 #1

ROFL NutmegYankee May 2013 #2

People who didn't like Ronald Reagan should have voted for Jimmy Carter in 1980. graham4anything May 2013 #3

non sequitur NutmegYankee May 2013 #5

Well... but we're talking about the Dow and trickle down. Squinch May 2013 #11

I like pop tarts. nt Javaman May 2013 #91

What's funny about that, many of the middle class have those treestar May 2013 #39

Pensions are a rare thing for the baby boomers. Mostly only public employees have them in my JDPriestly May 2013 #96

I was laughing because so few have them. NutmegYankee May 2013 #113

Seriously, pensions? Now that is funny! mountain grammy May 2013 #42

Don't Laugh, Not Everyone Is Left Without One mimi85 May 2013 #108

everybody doesn't have a pension fund, graham. in fact, most people don't. HiPointDem May 2013 #4

one forgets a major economic point graham4anything May 2013 #6

go, word-salad man! HiPointDem May 2013 #7

Who are we actually talking about here? Could it be a baby boomer and/or a parent of one? graham4anything May 2013 #9

I don't know where you get your information, but you're flat out wrong on SS. Fuddnik May 2013 #17

I've read many times that SS was intended as a SUPPLEMENT for seniors... Honeycombe8 May 2013 #47

That's what I mean. During the depression seniors DIDN'T nave anything to supplement. Fuddnik May 2013 #54

I agree. But for the middle class, it doesn't replace SAVING for retirement. Honeycombe8 May 2013 #60

You should save. You have to understand that right now, seniors who are saving in JDPriestly May 2013 #99

Nice post, bookmarked bahrbearian May 2013 #63

You have been misinformed. JDPriestly May 2013 #98

Airplane glue! CrispyQ May 2013 #81

"Penguin dust, bring me penguin dust, I want penguin dust--" HiPointDem May 2013 #83

Value in our homes was "unstable"? AllyCat May 2013 #18

I bought my NJ home for about $160. It skyrocketed to $650 in value, but now about $400 graham4anything May 2013 #22

You are advocating I walk away from my house? Fold and walk away? AllyCat May 2013 #35

take Walmart and the Sam Walton Family (please) graham4anything May 2013 #43

Well. That settles it then. Everyone was greedy, and so now they must pay. Squinch May 2013 #45

Have you ever read a basic investment book? Honeycombe8 May 2013 #48

The first line of your response sounds snarky. Forgive if that's not true... AllyCat May 2013 #55

Oh, no, I didn't mean it that way. But reading it now, it looks like it. Honeycombe8 May 2013 #57

"safe as houses" annabanana May 2013 #87

Whatever the initial intent, the fact is that many people would have nothing w/o SS. AnnieK401 May 2013 #21

That may be true, but is irrelvant, and to add graham4anything May 2013 #27

You obviously totally misunderstood my post. This makes little sense. AnnieK401 May 2013 #29

Annie, I'm starting to see a pattern. AllyCat May 2013 #36

Let's also not forget that millions wouldn't have enuf to live on w/o 401ks and pensions. Honeycombe8 May 2013 #49

I don't think anyone's saying that the stock market going up is a bad thing AnnieK401 May 2013 #65

No one knows why the stock market goes up and down. Honeycombe8 May 2013 #94

"greedily hope" Hissyspit May 2013 #25

You sound like Mitt Romney not only in content but in form and style Bluenorthwest May 2013 #26

Here's a baby boomer The Wizard May 2013 #31

Seriously . . . he is "Evil RandomThoughts" HughBeaumont May 2013 #73

You are capable of being coherent, you slip up every once in a while and make sense Fumesucker May 2013 #8

Snarf... trumad May 2013 #10

It's an AI, Artificial Inanity n/t Fumesucker May 2013 #12

This still doesn't relate to the OP. We're talking about the Dow and the con of "trickle" Squinch May 2013 #13

Gee. It's a good thing I wasn't taxed on those "freebies". Fuddnik May 2013 #15

NO, you did not take less pay unless you only took the job for the healthcare. graham4anything May 2013 #24

No, I was on the Union bargaining team. Fuddnik May 2013 #58

Who is talking retirement money? I am talking 20-70 year olds working for today's doctor bills graham4anything May 2013 #61

You are entirely wrong again. Fuddnik May 2013 #104

I am talking about health insurance NOW.You are talking 50 years from now. graham4anything May 2013 #109

"I'm Mitt Romney, and I approve this message"....... lastlib May 2013 #16

Jesus fucking Christ. Defending trickle-down. Hissyspit May 2013 #23

How did you make it to 8,000 posts here? DJ13 May 2013 #78

graham4anything, no one gets health care for free. JDPriestly May 2013 #97

This chart shows that... reACTIONary May 2013 #19

But those other people aren't better off if the middle class people with pension funds treestar May 2013 #40

Your chart doesn't say how many workers had, or had access to, 401ks and pensions. Honeycombe8 May 2013 #46

"Everyone's pension funds" = silly naive quote Cal Carpenter May 2013 #14

"The market" has exactly zero affect on a pension, other than the "health" of the fund. Thor_MN May 2013 #20

your last line, exact opposite imho graham4anything May 2013 #28

You need to learn the difference between opinions Cal Carpenter May 2013 #30

disuptive only to an echo chamber. Conversation is never disruptive if one wants to converse. graham4anything May 2013 #33

Seriously? You think everyone has pensions? Thor_MN May 2013 #34

people do still have pensions - thanks to our union we still have a pension leftyohiolib May 2013 #44

SOME people have pensions. The majority do not. Thor_MN May 2013 #50

and i was replying to your statement leftyohiolib May 2013 #85

Sorry for not qualifying. MOST corporations have ditched pensions Thor_MN May 2013 #86

+1 for Unions Go Vols May 2013 #52

If you think the market has no effect on a pension you are grossly deceived. dkf May 2013 #69

I said that the market affects the health of the plan. Thor_MN May 2013 #71

Since most pensions are underfunded this is a not insignificant consideration. dkf May 2013 #72

Not insignificant, just not that relevant to the discussion I was in. Thor_MN May 2013 #74

When pensions are better funded they can improve their options. dkf May 2013 #75

Again valid, but still not relevant to my posts Thor_MN May 2013 #76

Those who are left will be in excellent shape and with their nice pensions will be happy as clams. dkf May 2013 #77

True, but irrelevant Thor_MN May 2013 #80

Actually there are a group of pensioners who could benefit. dkf May 2013 #79

More likely to benefit the firm letting the policy. Thor_MN May 2013 #82

That's what I've been trying to tell that bozo disruptor about pensions. Fuddnik May 2013 #106

Pension fund? Surely you jest. pangaia May 2013 #32

My pension was replaced by a 401k years ago toddaa May 2013 #38

Actually, probably not. You mean 401ks, I think. Honeycombe8 May 2013 #41

You're even defending Trickle Down economics now? Marr May 2013 #62

Congrats on a successful hijack. nm rhett o rick May 2013 #67

Pension? SalviaBlue May 2013 #70

WHO has a pension anymore? abelenkpe May 2013 #92

Asset allocation GeoWilliam750 May 2013 #93

For a short time. Until the Wall Street gamers decide to take their profits and clean the accounts JDPriestly May 2013 #95

Everyone's pension funds? pnwmom May 2013 #101

in what dream world do you live? Skittles May 2013 #105

derp der-derpity-derp Nanjing to Seoul May 2013 #111

I have a defined benefit plan quaker bill May 2013 #112

I don't agree treestar May 2013 #37

True. Some people who got laid off also lost their 401ks during the recession. Honeycombe8 May 2013 #51

And they would have that money to spend treestar May 2013 #56

Apparently you don't understand trickle-down. jeff47 May 2013 #64

The Dow isnt related to the economy of the 99%. rhett o rick May 2013 #68

I think this quote is dead right and doesn't suggest anything more than it says. mountain grammy May 2013 #53

She should write back that is because you only deserve Bullshit. southernyankeebelle May 2013 #59

Most people's 401Ks would only last a year (maybe two) without Social Security. reformist2 May 2013 #66

Better look at your life insurance and annuities ....... Historic NY May 2013 #84

very cute heaven05 May 2013 #88

Trickle down economics is, was, and has always been complete bullshit. Initech May 2013 #89

So what's the name of this bubble? They seem only to get named after they burst. rhett o rick May 2013 #90

The Crash of 2015 is due in October -by Thom Hartmann ErikJ May 2013 #100

Trickle Up, No More Trickle Down NBachers May 2013 #102

graham4anything is the biggest troll on the internet. ForgoTheConsequence May 2013 #103

Kick and Rec! Fuddnik May 2013 #107

I certainly don't mind that some people are doing well bhikkhu May 2013 #110