General Discussion

zeemike

(18,998 posts)

18. True enough, but they do have an exit strategy

Sun Mar 2, 2014, 10:49 AM

Mar 2014

And it is real estate...and they are using that money to buy it up.

I once knew this woman who inherited a hugh fortune...here father was a stock trader during the roaring 20...and when the crash came he had cash and did not have it all in the market.
And after the crash he bought 50,000 acres of land in the Ozarks for something like fifty cents an acre that was timbered...and there were plenty of poor people that needed the money so they sold their land.
Later he cut all the timber and made lots of money from it and still kept the land which then became worth a hell of a lot more than he paid for it.
The real wealth is in the land, and it's resources...and that is where those billions that they have will go, and people that need the money will sell it cheap.

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You Call This A Middle Class? “I’m Trying Not to Lose My House” [View all] xchrom Mar 2014 OP

this country's economy is nothing any politician, or their loyal followers, should crow about... KG Mar 2014 #1

+1 xchrom Mar 2014 #3

This countrys economy dotymed Mar 2014 #4

this country's economy is nothing any politician, or their loyal followers, should crow about... Plucketeer Mar 2014 #35

The problem with those jobs that are coming back... bvar22 Mar 2014 #60

That was the whole POINT Plucketeer Mar 2014 #61

...AND they KNEW it when they did it. bvar22 Mar 2014 #71

The crazy old fart was right. jsr Mar 2014 #69

k&r for the truth, however depressing it may be. n/t Laelth Mar 2014 #2

Don't ask for whom the bell tolls, Wall Street, it tolls for thee. reformist2 Mar 2014 #5

I don't think they are worried in the least about it. zeemike Mar 2014 #10

They may not be worried about control, but they are eyeing the exits as far as the casino is concern reformist2 Mar 2014 #14

True enough, but they do have an exit strategy zeemike Mar 2014 #18

Land and.......WATER !!! pangaia Mar 2014 #20

They'd damned well better START worrying. Lizzie Poppet Mar 2014 #62

Well the police and military is not the only thing they have. zeemike Mar 2014 #64

And the fucktards really do beleive this : dixiegrrrrl Mar 2014 #6

do they believe it or is that their Sales Pitch? xchrom Mar 2014 #7

Perfect example of your point to be found here: dixiegrrrrl Mar 2014 #15

oh yeah -- rattle those swords baby. xchrom Mar 2014 #16

No, no, they're quite right. malthaussen Mar 2014 #19

"All the employees were invited to go along." This is unusual for 2011 businesses. Sunlei Mar 2014 #8

It's a common tactic in IT related fields; Ed Suspicious Mar 2014 #11

I understand those reasons but that is a choice to not accept offered continued employment. Sunlei Mar 2014 #21

During the time of Reagan, it was the new business plan to, restructure, so they DhhD Mar 2014 #27

let's get a bill through where before any foreign visa workers are imported unemployment ranks must Sunlei Mar 2014 #9

I've been advocating for a law that ... aggiesal Mar 2014 #34

That is a very, very good idea! Sunlei Mar 2014 #42

Kinda seems workable!! mstinamotorcity2 Mar 2014 #44

That could havebeen written by me skydive forever Mar 2014 #12

Perhaps sending out hundreds of resumes a week Chico Man Mar 2014 #13

Better to ask your father to get you a job through his extensive contacts Fumesucker Mar 2014 #17

Tried that Chico Man Mar 2014 #56

There is definitely something to this. I'm of the mind that I target a few employers and spend my Ed Suspicious Mar 2014 #24

That's not to say my method will land a job, and I acknowledge times are tough out there. I just Ed Suspicious Mar 2014 #25

It isn't but isn't that a requirement to receive unemployment? Sunlei Mar 2014 #28

Sending out hundreds of resumes a week? former9thward Mar 2014 #38

The article only mentioned the emails. Sunlei Mar 2014 #39

Contacts can be made by any method. former9thward Mar 2014 #40

I looked requirements up. More is required than just 2 or 3 email 'contacts' a week. Sunlei Mar 2014 #43

The OP is about Illinois. former9thward Mar 2014 #49

They never check or require anything of Illinois? Sunlei Mar 2014 #53

Can't tell you anything about the website. former9thward Mar 2014 #59

We need a mandatory living wage and mandatory maximum wage JJChambers Mar 2014 #22

And that is where Contract Workers comes in. RC Mar 2014 #33

Yes, but isn't it a start to demand a Federal minimum raise? Sunlei Mar 2014 #37

Shared. It's all about what I asked in my recent post about wages . . . HughBeaumont Mar 2014 #23

They can and will pay as little as people are willing to work for. nt Demo_Chris Mar 2014 #70

In hindsight she should have moved to Cleveland 4dsc Mar 2014 #26

Cleveland? Have you ever been there? Might as well move to Camden. You will need a gun. L0oniX Mar 2014 #32

That's nonsense Oasis_ Mar 2014 #45

Many here will take the slightest opportunity to make a dig at an area they ScreamingMeemie Mar 2014 #48

Compared to Chicago? Really?????? joeglow3 Mar 2014 #47

What total nonsense. Ikonoklast Mar 2014 #63

I've walked down Market street of San Fransico , NYC 42nd street, down town Tampa past midnight... L0oniX Mar 2014 #65

Unless you were taking a stroll through the 4th District late at night, Ikonoklast Mar 2014 #66

Walking from the Hall of Fame to bus station after close is safe now? Ok good for you then. L0oniX Mar 2014 #67

Yes, downtown is the safest part of the entire city, statistically and numerically, it is lower Ikonoklast Mar 2014 #72

It could be that many people still have the Reagan restructured economy in mind; only now DhhD Mar 2014 #36

good points. republicans have said they want to do away with the (way to low)minimum wage Sunlei Mar 2014 #50

She should have just sold herself to the highest bidder. reformist2 Mar 2014 #41

"All declined, including Brown, who had lived in Chicago her entire adult life..." ScreamingMeemie Mar 2014 #29

My dad did the same thing. My parents were both born, grew up, went to school in NYC riderinthestorm Mar 2014 #46

That went through my mind, too. WillowTree Mar 2014 #52

Gotta agree fujiyama Mar 2014 #58

For the working class a good job is the bottom line. L0oniX Mar 2014 #30

I agree about sending the rich back to work but it's the difference... Walk away Mar 2014 #57

K&R DeSwiss Mar 2014 #31

Message auto-removed Name removed Mar 2014 #51

It's been in the tank since Reagan, B Calm Mar 2014 #54

Message auto-removed Name removed Mar 2014 #55

It was never a "middle class". Spider Jerusalem Mar 2014 #68