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quaker bill

(8,264 posts)
34. But, But the point is
Wed Jun 6, 2012, 10:19 PM
Jun 2012

no one truly "deserves" a pension, either you get rich and live off the accumulated wealth, or you just get old, suffer, and die.

Everyone is supposed to succeed and save, or suffer the consequences of failure. The problem with this theory is that most jobs the "job creators" are creating do not pay enough to cover daily expenses, even if you are quite careful. No one saves the money they need to put food on the table, they spend it and eat.

Back in the day, and really not all that long ago, they had this thing called the "company town". In the company town, the "company" owned everything, the homes, the stores, the job, the utilities, the bank, everything. It was all planned out (salaries and prices) so that at the end of the week, when all the bills were paid, each week you were just a little more in debt to the company. It was a form of quasi legal indentured servitude.

Today, it is more than one company, but the concept holds up. It is exceptionally true in this time if you are just poor enough. If you are just poor enough, you rent to own, paying way too much money for poor quality things, you get payday loans, you get a beater car from a buy here pay here place (paying thousands more than you would with cash because it is the only place that will finance you)....

There is a whole industry built around keeping many of us as poor as possible.

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My relatives in VA abelenkpe Jun 2012 #1
I remember a friend of mine, a very disabled guy, who truedelphi Jun 2012 #70
But it works so well, and people buy it. freshwest Jun 2012 #2
Be careful, some DU jury is going come along and kick your ass because you make sense. upaloopa Jun 2012 #3
Actually, I think everyone here gets it... Ship of Fools Jun 2012 #5
I've read a lot of anti union posts here today and not one post concerning unions has mentioned upaloopa Jun 2012 #7
Re union comments today - TBF Jun 2012 #26
I am very pro-union but I will say that they need to educate their members. Dustlawyer Jun 2012 #53
When the Dems went weak JackHughes Jun 2012 #61
Yup, agree 100% nt TBF Jun 2012 #63
Make no mistake after yesterday libtodeath Jun 2012 #4
I am reaching that point Cosmocat Jun 2012 #41
I wish I could rec an individual post Shadowflash Jun 2012 #51
That quote sums it up. harun Jun 2012 #62
And the reason behind voting against their best interest in support of those who SammyWinstonJack Jun 2012 #6
Yeah ... 1StrongBlackMan Jun 2012 #9
I suppose walker is correct ... 1StrongBlackMan Jun 2012 #8
god, i know. last night i had to turn off the tv rather than listen to 3 elegantly coiffed HiPointDem Jun 2012 #10
There was plenty of money for Walker. AlbertCat Jun 2012 #11
Do The Karadashians Really Need More Stuff? zorahopkins Jun 2012 #12
Bring back the 90-percent top bracket. Octafish Jun 2012 #13
Also, end the loophole tax breaks for their corporations suffragette Jun 2012 #55
AIG is a racket. A protected racket. Octafish Jun 2012 #64
Very interesting read suffragette Jun 2012 #74
We also need to tax capital gains the same way we tax income. LongTomH Jun 2012 #56
Excellent idea, yours, LongTomH! Octafish Jun 2012 #65
stinky, you can't fix stupid pitohui Jun 2012 #14
Joe the Plumber syndrome JackHughes Jun 2012 #66
There WAS MONEY to bail out the BANKSTERS who put us into this Mess...but NOTHING KoKo Jun 2012 #15
You do know that there actually was no money quaker bill Jun 2012 #31
I want the marginal tax rates under Eisenhower duhneece Jun 2012 #16
beyond that, it is about a properly balanced economy Cosmocat Jun 2012 #43
What's a pension? Flatulo Jun 2012 #17
The other part of the equation is CEOs... lastlib Jun 2012 #18
Wall St CEO pay is up 20% this year Flatulo Jun 2012 #19
Yup, that's another very main point duhneece Jun 2012 #52
best interests mehrrh Jun 2012 #20
"It isn't about high costs. It is about insufficient revenue." Tennessee Gal Jun 2012 #21
I remember little boot's obscene tax cuts newspeak Jun 2012 #77
Kick and rec! Fuddnik Jun 2012 #22
While the top .01% stiff us for more taxes AND the subsidy of their underpaid workers for food stamp ErikJ Jun 2012 #23
Boy Howdy you got THAT right! . . .n/t annabanana Jun 2012 #24
SHUT UP! SOME FUCKING DAY I AM GOING TO BE RICH. Hotler Jun 2012 #25
Teh Stoopid is amazing, isn't it? I don't think you can train a dog to bite off its own tail, but valerief Jun 2012 #27
"and then tax high wage earners commensurate amounts to support their burden on society." Zanzoobar Jun 2012 #28
You think twenty bucks an hour is a high wage earner? Stinky The Clown Jun 2012 #32
I wasn't sure what you meant Zanzoobar Jun 2012 #33
Billions a week for the wars. I would rather my taxes went to Medicare for All. Overseas Jun 2012 #29
Most people are so completely entrapped in an alternate universe that they don't even realize it n/t RufusTFirefly Jun 2012 #30
But, But the point is quaker bill Jun 2012 #34
We should all be paying higher taxes... progress2k12nbynd Jun 2012 #35
I wish you were right... Karmasue Jun 2012 #69
Welcome to DU Tsiyu Jun 2012 #73
State Pensions lost on Wall St casino. Blame the public sector. ErikJ Jun 2012 #36
In order to produce the returns needed to fund the pension obligations, all Flatulo Jun 2012 #47
under jebbie newspeak Jun 2012 #78
"Job creators" Blecht Jun 2012 #37
Thank you for sharing. I think Nick Hanauer made a lot of sense. RickFromMN Jun 2012 #46
Oh, Republicans do make jobs. Flatulo Jun 2012 #75
The right wing media is doing its job well. DLevine Jun 2012 #38
I think the problem is this isn't the only big lie.... stevebreeze Jun 2012 #39
Well evidently there's not enough money in the 1% mind lunatica Jun 2012 #40
Don't forget Eddie Haskell Jun 2012 #42
A tipping point either... 99Forever Jun 2012 #44
Well said. Plus One. n/t truedelphi Jun 2012 #71
"insufficient revenue"...and there lies the problem. Bonhomme Richard Jun 2012 #45
You are so right! Talking to the wealthy and those protecting their wealth is snappyturtle Jun 2012 #48
K&R< K&R<K&R! Wouldn't you like to know Stinky, in dollars, how much snappyturtle Jun 2012 #49
California Proposition 13 (1978) NNN0LHI Jun 2012 #50
The Big Fucking Lie: that we value life. Orsino Jun 2012 #54
If we ever decide to revolt, Doctor_J Jun 2012 #57
Scott Walker is BARELY in office after the vote, now he's going to be incicted. DCKit Jun 2012 #58
Please explain to me what "barely in office" means Doctor_J Jun 2012 #68
America is mentally ill. n/t drdtroit Jun 2012 #59
Few bother to mention top the 2% will be paying only 4.6% more on taxable income over $250K! flpoljunkie Jun 2012 #60
of course it's about revenues stupidicus Jun 2012 #67
The right wing has done a great job of convincing people that they'll be millionaires. Initech Jun 2012 #72
A-FUCKING-MEN!!! Odin2005 Jun 2012 #76
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