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-   -   99% or "Occupy Wall Street" What is it about? (https://gfy.com/showthread.php?t=1040194)

Rochard 10-16-2011 08:35 AM

Quote:

Originally Posted by Gouge (Post 18494110)
Just like the Tea Party?


This is exactly why no one takes any of this seriously.

They aren't the 99%. They are the bottom 1%.

Rochard 10-16-2011 08:36 AM

Quote:

Originally Posted by Gouge (Post 18494143)
Just like the Tea Party?


And here we have a black racist. Well, isn't that just something.

She's out of a job, for sure. Do a quick search on her name and everyone is already calling for her head on a platter.

DaddyHalbucks 10-16-2011 08:44 AM

Nazis and Communists Throw Their Support Behind Occupy Wall Street Movements

http://www.thegatewaypundit.com/2011...reet-movement/

Dvae 10-16-2011 09:33 AM

Quote:

Originally Posted by Gouge (Post 18494143)
Just like the Tea Party?


Post the video of the Tea Party calling anybody Zionist Jews.

12clicks 10-16-2011 11:53 AM

Quote:

Originally Posted by NetHorse (Post 18494477)

Exactly....

porno jew 10-16-2011 11:57 AM

Quote:

Originally Posted by porno jew (Post 18494311)

don't see any nazis here.

Cherry7 10-16-2011 03:17 PM

Who are these makers, who do all the work, all on there own?

This is just an American myth.

The rich get rich by employing people to create wealth, and then paying them a fraction of the value they created. This is how capitalism works. Read Adam Smith if you don't want to believe Marx.

If you want to pay less tax then stop supporting foreign wars.

The USA, the richest country in the world has homeless people living in tents and children living in poverty, and health problems that Cuba doesn't have.

Thats how propaganda has you fooled.

12clicks 10-16-2011 04:24 PM

Quote:

Originally Posted by Cherry7 (Post 18495270)
Who are these makers, who do all the work, all on there own?

This is just an American myth.

The rich get rich by employing people to create wealth, and then paying them a fraction of the value they created. This is how capitalism works. Read Adam Smith if you don't want to believe Marx.

If you want to pay less tax then stop supporting foreign wars.

The USA, the richest country in the world has homeless people living in tents and children living in poverty, and health problems that Cuba doesn't have.

Thats how propaganda has you fooled.

Its funny reading the clownish thoughts of the lemmings.
So sure of how things work, so sure of their inflated idea of what they're worth.:1orglaugh

PornoMonster 10-16-2011 05:02 PM

A group leader here said they have figured it out. Tax the top 1% at higher levels and use this money to pay for ObamaCare. So everyone is Covered and healthcare is paid for.

They also said several other countries have social health care and it works well. I have heard mixed sotries from Canada, what about these other countries????

BFT3K 10-16-2011 07:48 PM

Hey 12clicks, are you the guy in your banner?

http://12clicks.com/12clickscash.gif

Shotsie 10-16-2011 11:09 PM

Quote:

Originally Posted by PornoMonster (Post 18495406)
A group leader here said they have figured it out. Tax the top 1% at higher levels and use this money to pay for ObamaCare. So everyone is Covered and healthcare is paid for.

They also said several other countries have social health care and it works well. I have heard mixed sotries from Canada, what about these other countries????

American based manufactures can not compete globally on price, can not compete globally with respect to labor cost and can not compete with respect to employee benefits as well. Manufactures in Japan, Korea, Germany, Canada etc. have no real burden of providing benefits to their employees. This is an advantage of socialized health insurance(not to be confused with socialized medicine, which is a debate for another time). IOW, yet another way that labor cost are minimized in other nations vs. here.


The US government has no choice but to default on Social Security/Medicare/etc. They won't default like some upside down, underwater mortgage owner that bit off more than he could chew and gets forcefully evicted from his residence...no. The government will have to raise the retirement age to 96 or something. And no, I am not overstating the pending disaster. This will happen in about 10 years...perhaps a little longer.


The only alternative is some form of Nationalized healthcare or Nationalized insurance. Either a government run single payer system, which would be a nightmare, or more likely, a massive reworking of the entire private Insurance industry to include government part-ownership(quasi-nationalization) and heavy regulation. Yet many people want to decrease tax revenues in light of this all-to-real impending economic apocalypse.

astronaut x 10-17-2011 02:34 AM

So as we all get swindled out of more and more of our own money....were gonna berate the few crazies?

Ok, the tea party is a whole other issue. Let's not even compare them. The Teabaggers did not go global.

It makes me think that some of you think they are rich, when your probably not that rich compared to what a bank ceo brings home, or, think that if you keep believing your gonna be rich, like a wall street ceo... your gonna have all the pussy and blow just like they do.

I would bet most who post against these OWS people are just douchebag rich ass wannabes, sucking the rich mans dick for the crumbs you call success.

OWS is everything the Tea Party wanted it to be, but lets face it... the tea party did not go world wide.

OWS is a worldwide protest.

You wanna talk health care? The first most important word in misinformation.

Most dingleberry republican/teabagger voters who love to shop at walmart and are for freedom and guns and all that stuff, think government health care is bad? bocephus

I have lived in other countries that had government run health care... they even took me in and charged me the same as a natural born citizen. I was in to see the doc in 5 mins. The visit and meds......$8.00 US currency.

Let's just stop being republicans and democrats and start being human beings.

Why should we have to protect the super rich from paying there fair share?
They don't. We all know this.

I pay my taxes every year. I want to believe they are going towards roads and infrastructure or otherwise in ways that benefit myself and society in general. Which some of it is. But most of it is not. Lets be honest. The insanely rich laugh at people you are on their side but make scratch. They need you, but they don't give a rats ass about you.

BTW, major reconstruction of the roads in Michigan, as well as many other states btw. I spent some time up there this summer, and roads that I used and had to change out my shocks after driving on, are smooth and freshly paved. I even left a McDonalds, in Northern Michigan, because road crews were breaking for dinner and the lines were too long to order.

All you red states who didn't get a slice of the pie, because you got a douche bag for a governor, i feel sorry you. As I do myself, Living in the great state of Florida. Teabag lobbyist bought governed by Rick Scott, who when ceo of a the giant Columbia Health Care system.

Columbia/HCA fraud case details

On March 19, 1997, investigators from the FBI, the Internal Revenue Service and the Department of Health and Human Services served search warrants at Columbia/HCA facilities in El Paso and on dozens of doctors with suspected ties to the company.[20]

Following the raids, the Columbia/HCA board of directors forced Scott to resign as Chairman and CEO.[21] He was paid $9.88 million in a settlement. He also left owning 10 million shares of stock worth over $350 million.[22][23][24]

In 1999, Columbia/HCA changed its name back to HCA, Inc.

In settlements reached in 2000 and 2002, Columbia/HCA plead guilty to 14 felonies and agreed to a $600+ million fine in the largest fraud settlement in US history. Columbia/HCA admitted systematically overcharging the government by claiming marketing costs as reimbursable, by striking illegal deals with home care agencies, and by filing false data about use of hospital space. They also admitted fraudulently billing Medicare and other health programs by inflating the seriousness of diagnoses and to giving doctors partnerships in company hospitals as a kickback for the doctors referring patients to HCA. They filed false cost reports, fraudulently billing Medicare for home health care workers, and paid kickbacks in the sale of home health agencies and to doctors to refer patients. In addition, they gave doctors "loans" never intending to be repaid, free rent, free office furniture, and free drugs from hospital pharmacies.


Promised 1,700,000 jobs. But declined 25,000 jobs of money for HSR all ready allocated to this state by the President of the Unitied States Of America.

I have also traveled Europe's, as well as other countries HSR systems, and found them influential, and dream of the day we can bring this type of travel to the USA.

Occupy or die. Or suck the bankers dick, whichever you prefer.

12clicks 10-17-2011 06:15 AM

Quote:

Originally Posted by BFT3K (Post 18495581)
Hey 12clicks, are you the guy in your banner?

http://12clicks.com/12clickscash.gif

are you the guy in your avatar?

12clicks 10-17-2011 06:37 AM

Quote:

Originally Posted by astronaut x (Post 18495948)
So as we all get swindled out of more and more of our own money....were gonna berate the few crazies?

Ok, the tea party is a whole other issue. Let's not even compare them. The Teabaggers did not go global.

It makes me think that some of you think they are rich, when your probably not that rich compared to what a bank ceo brings home, or, think that if you keep believing your gonna be rich, like a wall street ceo... your gonna have all the pussy and blow just like they do.

I would bet most who post against these OWS people are just douchebag rich ass wannabes, sucking the rich mans dick for the crumbs you call success.

OWS is everything the Tea Party wanted it to be, but lets face it... the tea party did not go world wide.

OWS is a worldwide protest.

You wanna talk health care? The first most important word in misinformation.

Most dingleberry republican/teabagger voters who love to shop at walmart and are for freedom and guns and all that stuff, think government health care is bad? bocephus

I have lived in other countries that had government run health care... they even took me in and charged me the same as a natural born citizen. I was in to see the doc in 5 mins. The visit and meds......$8.00 US currency.

Let's just stop being republicans and democrats and start being human beings.

Why should we have to protect the super rich from paying there fair share?
They don't. We all know this.

I pay my taxes every year. I want to believe they are going towards roads and infrastructure or otherwise in ways that benefit myself and society in general. Which some of it is. But most of it is not. Lets be honest. The insanely rich laugh at people you are on their side but make scratch. They need you, but they don't give a rats ass about you.

BTW, major reconstruction of the roads in Michigan, as well as many other states btw. I spent some time up there this summer, and roads that I used and had to change out my shocks after driving on, are smooth and freshly paved. I even left a McDonalds, in Northern Michigan, because road crews were breaking for dinner and the lines were too long to order.

All you red states who didn't get a slice of the pie, because you got a douche bag for a governor, i feel sorry you. As I do myself, Living in the great state of Florida. Teabag lobbyist bought governed by Rick Scott, who when ceo of a the giant Columbia Health Care system.

Columbia/HCA fraud case details

On March 19, 1997, investigators from the FBI, the Internal Revenue Service and the Department of Health and Human Services served search warrants at Columbia/HCA facilities in El Paso and on dozens of doctors with suspected ties to the company.[20]

Following the raids, the Columbia/HCA board of directors forced Scott to resign as Chairman and CEO.[21] He was paid $9.88 million in a settlement. He also left owning 10 million shares of stock worth over $350 million.[22][23][24]

In 1999, Columbia/HCA changed its name back to HCA, Inc.

In settlements reached in 2000 and 2002, Columbia/HCA plead guilty to 14 felonies and agreed to a $600+ million fine in the largest fraud settlement in US history. Columbia/HCA admitted systematically overcharging the government by claiming marketing costs as reimbursable, by striking illegal deals with home care agencies, and by filing false data about use of hospital space. They also admitted fraudulently billing Medicare and other health programs by inflating the seriousness of diagnoses and to giving doctors partnerships in company hospitals as a kickback for the doctors referring patients to HCA. They filed false cost reports, fraudulently billing Medicare for home health care workers, and paid kickbacks in the sale of home health agencies and to doctors to refer patients. In addition, they gave doctors "loans" never intending to be repaid, free rent, free office furniture, and free drugs from hospital pharmacies.


Promised 1,700,000 jobs. But declined 25,000 jobs of money for HSR all ready allocated to this state by the President of the Unitied States Of America.

I have also traveled Europe's, as well as other countries HSR systems, and found them influential, and dream of the day we can bring this type of travel to the USA.

Occupy or die. Or suck the bankers dick, whichever you prefer.

dear clueless rabble. Every country has its trash who want something for nothing.
once you grow up you'll see that you NEVER get something for nothing.
I suggest you go find a job.

Lucy - CSC 10-17-2011 06:58 AM

Quote:

Originally Posted by 12clicks (Post 18496219)
dear clueless rabble. Every country has its trash who want something for nothing.
once you grow up you'll see that you NEVER get something for nothing.
I suggest you go find a job.

People dont want something for nothing. I just dont want everything they have to be taken unfairly from them.

12clicks 10-17-2011 07:02 AM

Quote:

Originally Posted by Lucy - CSC (Post 18496263)
People dont want something for nothing. I just dont want everything they have to be taken unfairly from them.

so then you're on the side of the rich who're being taxed more as a % and in real $ than the rabble protesters who demand ONLY the productive class pay more in taxes?

BFT3K 10-17-2011 07:36 AM

Quote:

Originally Posted by 12clicks (Post 18496186)
are you the guy in your avatar?

Of course! Pretty handsome, right?

Lucy - CSC 10-17-2011 07:41 AM

Quote:

Originally Posted by 12clicks (Post 18496273)
so then you're on the side of the rich who're being taxed more as a % and in real $ than the rabble protesters who demand ONLY the productive class pay more in taxes?


They are not just demanding that. Most of them are asking why when they are losing their homes and businesses due to the economy going broke arent they getting bailed out when the banks are.

12clicks 10-17-2011 07:49 AM

Quote:

Originally Posted by BFT3K (Post 18496332)
Of course! Pretty handsome, right?

I'm sure its the best your gene pool could do:thumbsup

12clicks 10-17-2011 07:52 AM

Quote:

Originally Posted by Lucy - CSC (Post 18496349)
They are not just demanding that.

you're right, they're demanding other nonsensical stuff too like free college tuition

Robbie 10-17-2011 08:10 AM

Quote:

Originally Posted by Lucy - CSC (Post 18496349)
Most of them are asking why when they are losing their homes and businesses due to the economy going broke arent they getting bailed out when the banks are.

Because the govt. are a bunch of crooks who need to be voted out every 4 years.

If our govt. didn't bail out the banks we wouldn't be having this conversation.

Wasn't the banking crisis caused by the housing crisis? In other words everyone's homes going into foreclosure and property values dropping?

Well...if the federal govt. were on our side (which they are NOT)...they COULD have taken that TRILLION dollars and issued it out to homeowners to pay off their mortgages.

Then the banks wouldn't have needed to be bailed out, people wouldn't STILL be getting foreclosed on, and the housing market would have stabilized.

But our GOVERNMENT chose to give it straight to the banks instead (the same banks that are now adding billions of dollars in fees because they considered the loss of being able to charge exorbitant "fines" as a loss of "revenue")

Now gee...I wonder why the government did that instead of helping the American people and really solving the problem?

BECAUSE IT'S THE GOVERNMENT WHO ARE THE REAL CROOKS. And all of you are being played like a fiddle by them when you argue about "Democrats" and "Republicans" and/or blame "wall street".

This is a power game being played. And as usual the masses are being used as pawns.

Lucy - CSC 10-17-2011 08:15 AM

Quote:

Originally Posted by Robbie (Post 18496441)
Because the govt. are a bunch of crooks who need to be voted out every 4 years.

That is one thing I have now realised. I dont vote for who is the best candidate I vote for who will do the least damage.

Robbie 10-17-2011 08:29 AM

Quote:

Originally Posted by Lucy - CSC (Post 18496448)
That is one thing I have now realised. I dont vote for who is the best candidate I vote for who will do the least damage.

And even then it's just a guess as to who that may be.

I'm pretty sure that they all do the same amount of "damage" because they are all on the take. :(

I think of two things when I think of the govt.
1. George Washington only served one term as U.S. president because he didn't want to be a "king"
And:
2. Power corrupts and absolute power corrupts absolutely.

Our govt. pretty much has ABSOLUTE power over us at this time in history. They decide what you can see and not see, read and not read, say and not say. They basically strip search us at airports. The Patriot Act allows them to do pretty much anything they want. Hell, you can't even drive your car without being told you HAVE to wear a seatbelt (of course that's a good idea to wear one, but being FORCED to by "law"?)

And the career politicians who spend their entire lives in govt. are the biggest thieves in the world.

I've said it before and I'll say it again. If our founding fathers were somehow transported into the present day...they would get a rope, find the closest tree and start hanging everyone in govt. for treason.

BFT3K 10-17-2011 08:33 AM

Quote:

Originally Posted by Robbie (Post 18496441)
Because the govt. are a bunch of crooks who need to be voted out every 4 years.

If our govt. didn't bail out the banks we wouldn't be having this conversation.

Wasn't the banking crisis caused by the housing crisis? In other words everyone's homes going into foreclosure and property values dropping?

Well...if the federal govt. were on our side (which they are NOT)...they COULD have taken that TRILLION dollars and issued it out to homeowners to pay off their mortgages.

Then the banks wouldn't have needed to be bailed out, people wouldn't STILL be getting foreclosed on, and the housing market would have stabilized.

But our GOVERNMENT chose to give it straight to the banks instead (the same banks that are now adding billions of dollars in fees because they considered the loss of being able to charge exorbitant "fines" as a loss of "revenue")

Now gee...I wonder why the government did that instead of helping the American people and really solving the problem?

BECAUSE IT'S THE GOVERNMENT WHO ARE THE REAL CROOKS. And all of you are being played like a fiddle by them when you argue about "Democrats" and "Republicans" and/or blame "wall street".

This is a power game being played. And as usual the masses are being used as pawns.

Sounds like a plan, except if that happened, Obama would be blamed for the redistribution of wealth, and labeled a capitalist-hating Socialist.

The right hates human welfare, they only like corporate welfare. Fox would have had a field day!

I agree with you, but it also sound a lot like Monday-morning quarterbacking too.

BFT3K 10-17-2011 08:34 AM

Quote:

Originally Posted by Robbie (Post 18496472)
And even then it's just a guess as to who that may be.

I'm pretty sure that they all do the same amount of "damage" because they are all on the take. :(

I think of two things when I think of the govt.
1. George Washington only served one term as U.S. president because he didn't want to be a "king"
And:
2. Power corrupts and absolute power corrupts absolutely.

Our govt. pretty much has ABSOLUTE power over us at this time in history. They decide what you can see and not see, read and not read, say and not say. They basically strip search us at airports. The Patriot Act allows them to do pretty much anything they want. Hell, you can't even drive your car without being told you HAVE to wear a seatbelt (of course that's a good idea to wear one, but being FORCED to by "law"?)

And the career politicians who spend their entire lives in govt. are the biggest thieves in the world.

I've said it before and I'll say it again. If our founding fathers were somehow transported into the present day...they would get a rope, find the closest tree and start hanging everyone in govt. for treason.

So you sound like a person who is in line with the OWS movement, which is great! I think they're rallying in Vegas today...

Robbie 10-17-2011 08:39 AM

Quote:

Originally Posted by BFT3K (Post 18496487)
I think they're rallying in Vegas today...

I doubt that. Vegas is nothing but the big wreck at the Indy Race today. The whole town is in mourning. :(

I tuned into the local rock station and they aren't even playing much music. They were taking calls about the horrific accident.

Robbie 10-17-2011 08:42 AM

Quote:

Originally Posted by BFT3K (Post 18496487)
So you sound like a person who is in line with the OWS movement,

If you don't realize it by now...I'm not the kind of person who is "in line" with anything.
I'm a leader in my life. I wouldn't follow any kind of movement or line of thinking in any aspect of life.

I'm the kind of guy who takes each thing I am presented with and I weigh it on it's own merits and look for whatever I can take from it to benefit me and my family.

So no...you'll never see me "marching" or "protesting" for any Tea Party or OWS or any other type thing that makes me a pawn in a game that gives power to somebody else.

My ego is too big...I want to start a "Robbie Is God" movement. :1orglaugh:1orglaugh:1orglaugh

Rochard 10-17-2011 09:05 AM

Quote:

Originally Posted by Robbie (Post 18496508)
I'm the kind of guy who takes each thing I am presented with and I weigh it on it's own merits and look for whatever I can take from it to benefit me and my family.

I'm the same way. I don't believe in being a Democrat or a Republican; I choose what seems right for me at that time. But the truth is we are voting for candidates based on a handful of debates, a few sound bites, and the wonderful ideas a candidates staff spins. At the end of the day it's a crap shoot - we aren't voting for the candidate, but instead what the candidate wants us to believe he (she) is all about.

It's comical watching some people on GFY talk about politics - They bitch about something Obama just did, but the truth is their party did the same thing four years ago. Then we have Obama saying this is the right direction to go in, but yet we have video tape of Obama saying the direct opposite three years ago? It's funny.

Relentless 10-17-2011 09:19 AM

Fixed it for you:

http://www.qhdu.com/fixedit.jpg

Meanwhile the top 1/2 of the top 1% continue to fuel the fire on both sides and laugh.
Whether it's Koch funding the tea party or the AFLCIO backing #OWS, the result is exactly the same. Stalemate with a continuation of the status quo.... :2 cents:

Robbie 10-17-2011 09:24 AM

Quote:

Originally Posted by Rochard (Post 18496551)
It's comical watching some people on GFY talk about politics - They bitch about something Obama just did, but the truth is their party did the same thing four years ago. Then we have Obama saying this is the right direction to go in, but yet we have video tape of Obama saying the direct opposite three years ago? It's funny.

It's that "sports team competition" mentality that folks have adopted towards politics.
Their "Team" can do no wrong and the "opposing team" can do no right.

And none of that really exists in Washington. Those guys are all on the same team: Team GravyTrain

You would think that fervent followers of Republicans and Democrats would open their eyes when these politicians blatantly do these things...but they don't. They just keep chanting "yay team" and go with whatever they are told by their "side" to think.

PornoMonster 10-17-2011 10:42 AM

http://a3.sphotos.ak.fbcdn.net/hphot...11508730_n.jpg

Minte 10-17-2011 11:09 AM

Quote:

Originally Posted by Lucy - CSC (Post 18496349)
They are not just demanding that. Most of them are asking why when they are losing their homes and businesses due to the economy going broke arent they getting bailed out when the banks are.

So who is wrong then? The banks for asking for the bailouts or the government for giving it to them?


Or could it just be simpler than that. The bad loans are the result of the same people protesting getting in over their heads with mortgage and credit card debt.

Robbie 10-17-2011 11:15 AM

Quote:

Originally Posted by Minte (Post 18496876)
Or could it just be simpler than that. The bad loans are the result of the same people protesting getting in over their heads with mortgage and credit card debt.

I'm thinking that a large percentage of the protestors never owned their own home. And if they had credit card debt...it wasn't a lot because they didn't have a big credit limit.

Not saying there is anything wrong with that. I'm just saying that a lot of the protestors look kinda young. I know I didn't have a credit card or a big mortgage when I was in my 20's. I was too busy partying. heh-heh

Even now I've got a $30,000 limit on my AMEX card. I could have it raised if I want to I guess. But I'm just saying...I KNOW I've made more money over the last 15 years than anybody on that street protesting. And I doubt very seriously that any of them have a handful of platinum American Express cards with high credit limits.

I think they are protesting on behalf of the people with big mortgages and credit cards maybe?

Relentless 10-17-2011 11:47 AM

Quote:

Originally Posted by Robbie (Post 18496895)
I'm thinking that a large percentage of the protestors never owned their own home. And if they had credit card debt...it wasn't a lot because they didn't have a big credit limit.

From what I've read, many of them have massive amounts of debt but not from mortgages or from credit cards. It's a lot of students drowning in student debt, which does not get discharged by bankruptcy.

If you went to college 4-8 years ago and then grad school afterward at any 'good school' you are likely sitting on 100-200K in student loan debt now... at a time when unemployment is through the roof and virtually nobody is hiring a new graduate since there is a surplus of experienced people out of work.

That means you have a massive amount of debt, you can't get a good job, you lack the borrowing capacity or funds to be much of an entrepreneur, you can't use bankruptcy or free money to get out of your problem (which is essentially what banks too big to fail were allowed to do) - it's a rough time to be 25 years old.

Not pointing fingers or blaming one group or another as to WHY they are in that position... but it is an unenviable position to be in and it shows hard working people who are doing 'what they are supposed to do' are getting shafted.

Everyone should be looking for constructive solutions to the problem, instead it's more red team vs blue team vitriol funded by .1%, corporate, union and other special interest groups on both sides who benefit by maintaining the status quo or pushing their own very narrow agendas. :2 cents:

porno jew 10-17-2011 11:50 AM

students protesting in tiananmen square = heroes.

students doing the same in the US = terrorists.

12clicks 10-17-2011 11:58 AM

Quote:

Originally Posted by Relentless (Post 18496955)
From what I've read, many of them have massive amounts of debt but not from mortgages or from credit cards. It's a lot of students drowning in student debt, which does not get discharged by bankruptcy.

If you went to college 4-8 years ago and then grad school afterward at any 'good school' you are likely sitting on 100-200K in student loan debt now... at a time when unemployment is through the roof and virtually nobody is hiring a new graduate since there is a surplus of experienced people out of work.

That means you have a massive amount of debt, you can't get a good job, you lack the borrowing capacity or funds to be much of an entrepreneur, you can't use bankruptcy or free money to get out of your problem (which is essentially what banks too big to fail were allowed to do) - it's a rough time to be 25 years old.

Not pointing fingers or blaming one group or another as to WHY they are in that position... but it is an unenviable position to be in and it shows hard working people who are doing 'what they are supposed to do' are getting shafted.

Everyone should be looking for constructive solutions to the problem, instead it's more red team vs blue team vitriol funded by .1%, corporate, union and other special interest groups on both sides who benefit by maintaining the status quo or pushing their own very narrow agendas. :2 cents:

poor decisions.
no one should borrow 1-200k for an education.

TheDoc 10-17-2011 12:05 PM

Quote:

Originally Posted by 12clicks (Post 18496979)
no one should have to borrow 1-200k for an education.

Fixed that for ya....


That's why some people are upset, it shouldn't cost 100k+ to get an education. But 1/3 of medical doctors have debts greater than that, and the same goes for most double higher-degree people. At todays costs, which is going up every year, more and more.

By time kids today attend college it's going to be 100k for a lower education degree at this rate.

Relentless 10-17-2011 12:14 PM

Quote:

Originally Posted by 12clicks (Post 18496979)
poor decisions. no one should borrow 1-200k for an education.

Quality colleges cost 40K+ per year these days. I agree with you, shelling out a large amount of money to go to a 'middle of the road' school is a mistake, especially in light of lower cost state colleges. However even setting aside the Ivys, the opportunity to go to Amherst, William And Mary, Cornell or another similar school *usually* pays off handsomely in a normal economy... and that's what those schools cost. In many cases grad school is a necessity for a particular career. Lawyers must go to law school, Doctors must go to med school etc... and that brings with it 3+ more years of debt-inducing academia.

Saying nobody should borrow 1-200K for education is akin to saying anybody without 200K should not become educated in the present system. The system is in desperate need of an overhaul. It's one of the many things bubbling up from the #ows crowd... they lack the ability to articulate a clear message which is the main problem with their 'movement' but that doesn't mean some of their gripes are any less in need of action.

http://boingboing.net/2011/10/07/122076.html
Tuition is becoming the next bubble thanks to debt that can't be discharged by bankruptcy being repackaged and sold for profit by Universities that are businesses rather than educational institutions. Add in the fact that schools 'invest' their endowments in a market that is badly flawed and the problem gets much worse.

Minte 10-17-2011 12:17 PM

Quote:

Originally Posted by Robbie (Post 18496895)
I'm thinking that a large percentage of the protestors never owned their own home. And if they had credit card debt...it wasn't a lot because they didn't have a big credit limit.

Not saying there is anything wrong with that. I'm just saying that a lot of the protestors look kinda young. I know I didn't have a credit card or a big mortgage when I was in my 20's. I was too busy partying. heh-heh

Even now I've got a $30,000 limit on my AMEX card. I could have it raised if I want to I guess. But I'm just saying...I KNOW I've made more money over the last 15 years than anybody on that street protesting. And I doubt very seriously that any of them have a handful of platinum American Express cards with high credit limits.

I think they are protesting on behalf of the people with big mortgages and credit cards maybe?

I think the problem is that a segment of society blames the institution for all their problems. It's easy to go out and fuck up then blame it on the banks or wall street or the politicians.

If it were really the banks that are at fault here,why is the majority still doing fine. For every person that was foreclosed on nationally there are at least 10 that weren't. What was it that group of people did right?

12clicks 10-17-2011 12:18 PM

Quote:

Originally Posted by Relentless (Post 18496999)
Quality colleges cost 40K+ per year these days. I agree with you, shelling out a large amount of money to go to a 'middle of the road' school is a mistake, especially in light of lower cost state colleges. However, the opportunity to go to Amherst, William And Mary, Cornell or another similar school *usually* pays off handsomely in a normal economy... and that's what those schools cost. In many cases grad school is a necessity for a particular career. Lawyers must go to law school, Doctors must go to med school etc... and that brings with it 3+ more years of deb-inducing academia.

Saying nobody should borrow 1-200K for education is akin to saying anybody without 200K should not become educated in the present system. The system is in desperate need of an overhaul. It's one of the many things bubbling up from the #ows crowd... they lack the ability to articulate a clear message which is the main problem with their 'movement' but that doesn't mean some of their gripes are any less in need of action.

its easy to fix. stop governmental backing of student loans and stop excluding them from bankruptcy. problem solved.
and again, borrowing more than you can pay is a bad decision.


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