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jtuck004

(15,882 posts)
Mon May 30, 2016, 07:38 AM May 2016

80% of the country has been in a recession for 15 years...




This comment about this video was on Dr Housing Bubble - (w""Millennials and living at home: For the first time on record the most common living arrangement for young adults is living with a parent" Also a really good article).

"BTW Asher Edelman is the guy Gordon Gecko was based in part on, he is anything but a friend of the poor or even all that caring about anything than his own bottom line. When you have people like that saying you need to raise wages or watch the economy fall apart you know its getting pretty bad."
http://www.doctorhousingbubble.com/millennials-and-living-at-home-millennial-buying-homes-trends-money-housing/#more-8714


7 replies = new reply since forum marked as read
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80% of the country has been in a recession for 15 years... (Original Post) jtuck004 May 2016 OP
Nice to listen when someone knows what they are talking about and the opions are fact based pdsimdars May 2016 #1
He's a member of the greenback party, and would sell our mothers for a nickel. But not jtuck004 May 2016 #2
What Has The Democratic Party Devolved Into...? CorporatistNation May 2016 #5
Oh, they didn't want to hear that Hydra May 2016 #3
Guy likes Bernie, too. Octafish May 2016 #6
Income inequality is one of Bernie's core issues. Snarkoleptic May 2016 #4
What he says is simple and true. "Velocity of money." senz May 2016 #7
 

pdsimdars

(6,007 posts)
1. Nice to listen when someone knows what they are talking about and the opions are fact based
Mon May 30, 2016, 08:08 AM
May 2016

and not partisan based.

 

jtuck004

(15,882 posts)
2. He's a member of the greenback party, and would sell our mothers for a nickel. But not
Mon May 30, 2016, 08:41 AM
May 2016

in a personal or mean way, just business.

I'd speculate the only thing he cares about is increasing his assets, based on what he says. (Similar but completely different are people who appear similar but are scared, and want to profit from other's misery, not their growth - such as the real estate swindler and others.). The only party affiliation he cares about is the one that helps the assets grow. He knows that requires they be churned, or planted and plowed in and grown and harvested, as it were. Actively invested and managed, not just accumulated. Some people are too scared to think about this, and they tend to hoard, build walls, hurt themselves and others. I don't think that is him.

Interesting difference from the real estate swindler who says he looks forward to profiting from the criminal conspiracy that we are still living with, from people losing their homes, tragedy.





CorporatistNation

(2,546 posts)
5. What Has The Democratic Party Devolved Into...?
Mon May 30, 2016, 11:49 AM
May 2016

Lots more ahead for Hillary...

e.g., MSNBC To the deniers... Watch THIS Video... It is not comforting to think that she may well be the Democratic Nominee...

Hillary really betrayed Andrea Mitchell... The entire context of this report was of a solemn nature... A Funeral so to speak...

Andrea Mitchell "I do not see this report as ...ANYTHING BUT... DEVASTATING!"

Chuck Todd "After this I don't think that she could get confirmed for Attorney General!"

Lots of FIBBING by Hillary here.. for more than a year!

Hydra

(14,459 posts)
3. Oh, they didn't want to hear that
Mon May 30, 2016, 09:46 AM
May 2016

"Who is your nobody?"

Refreshing to hear it from someone not (currently) invested in lying to us.

Octafish

(55,745 posts)
6. Guy likes Bernie, too.
Mon May 30, 2016, 01:32 PM
May 2016

Perhaps he believes in redemption.

The hostess likely would be clueless about that concept, as well.

Snarkoleptic

(5,997 posts)
4. Income inequality is one of Bernie's core issues.
Mon May 30, 2016, 10:38 AM
May 2016

The squeezing of the middle class has caused massive increases in household debt and pent-up demand/unfulfilled needs (food/shelter, education, vehicles, home improvement).*

The not-so-accidental result of this squeeze is the concentration of wealth and power in the hands of increasingly few individuals and corporations.
This has also put downward pressure on tax revenue and granted elites outsized influence on what funding is allocated for. (guns vs. butter)

 

senz

(11,945 posts)
7. What he says is simple and true. "Velocity of money."
Mon May 30, 2016, 02:05 PM
May 2016

How much gets spent, how much money turns around in the economy. We've had a transfer of wealth to the top. This has created a shrinking consumer base.

The top 1% spends a tiny percent of what they earn. The bottom would spend 100- 110% of their income . The transfer of wealth to the top creates a shrinking consumer base

Bernie Sanders would be best candidate for the economy. "No Question."

Bernie is the only one out there talking about fiscal stimulation and banking rules that will get the banks to generate lending again as opposed to speculation.

Bernie Sanders' proposals are the best for the economy.

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