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- Chill Out Room
-- So the US government starts shutting down tomorrow...
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| Originally posted by Joss Weatherby You are such a fucking moron. God damn. You realize that sounds fine and dandy on paper, but not everyone can be financially sound. Everyone can be financially responsible, but sadly that doesn't mean they are sound. God damn. You are more spoiled than I am. That or you are so fucking tunnel visioned in your own success that you assume everyone is capable or has the opportunities you do. |
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| Originally posted by The17sss I'm spoiled because I'm successful? Hey fuckface, I didn't have a god damn cent handed to me on a silver platter. 6 1/2 strait years busting my ass thought college & grad school with over $50,000 in loans when I was done, then 5 years on the job without ever missing a day of work, helping build a company from scratch, and now 9 years after college I'm finally enjoying the rewards... when I actually have time off to enjoy them. No affirmative action, minority, or gender preferences to get ahead, no scholarships... just good old fashioned hard work combined with calculated risk taking. If anyone is spoiled, it's you because you haven't done or earned anything, and the unemployment checks you cash are a direct result of people like me to pay into the teet you can't detach yourself from. I mean, is there a bigger fucking joke than you? So depressingly pathetic.. you really have no idea about anything, yet are so ungodly overconfident in yourself. *whispers* Pssst! It's a lot harder than you think to hide how much of an empty shell of a human being you are, and your massive lack of self esteem. That's between us |
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| Originally posted by Joss Weatherby That or you are so fucking tunnel visioned in your own success that you assume everyone is capable or has the opportunities you do. |
you all love cock
- Omar
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| Originally posted by Joss Weatherby Obviously you didn't read the part where I said... |
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| Originally posted by The17sss I'm spoiled because I'm successful? Hey fuckface, I didn't have a god damn cent handed to me on a silver platter. 6 1/2 strait years busting my ass thought college & grad school with over $50,000 in loans when I was done, then 5 years on the job without ever missing a day of work, helping build a company from scratch, and now 9 years after college I'm finally enjoying the rewards... when I actually have time off to enjoy them. No affirmative action, minority, or gender preferences to get ahead, no scholarships... just good old fashioned hard work combined with calculated risk taking. If anyone is spoiled, it's you because you haven't done or earned anything, and the unemployment checks you cash are a direct result of people like me to pay into the teet you can't detach yourself from. I mean, is there a bigger fucking joke than you? So depressingly pathetic.. you really have no idea about anything, yet are so ungodly overconfident in yourself. |
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| Originally posted by The17sss yeah- which is still wrong because I clearly recognize that since my success is due to hard work, it isn't at all a result of having some privileged opportunities that somehow, other's aren't able to get. Tunnel visioned? I haven't forgotten where I came from man. This is just you feeling sorry for yourself and playing the grieved/victim (like a good little liberal), and taking it out on me when in reality, you could be in the same position as me or better if you stopped whining all the time and applied yourself. You could have gone to college, shit, you still can. Although you are clearly worthless right now, it's not a disability. Get off your ass and take responsibility for your life, Jesus. |
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| Originally posted by EddieZilker Not that it's not impressive, Kevin, because it is, but your story doesn't take everything into account that can happen to hobble people's ambitions at the brass ring you've had your apparent success with and there are a lot of policies Republicans have created that do just that. You present an ideal of what every person should be able to do, regardless of reasonable circumstance. To the credit of your argument, a lot of people are able to do what you've done, regardless of either race or gender. There are a lot of people who've taken the same path you're on, who were blind-sided by some setback and who are therefore (temporarily or permanently) incapable of providing for themselves or their loved ones, the enfranchised lives they'd become accustomed to. You seem to know you're quite far away from economic calamity and, should it befall you, you seem like the type of person to be able to understand what your part in, if any, that was. If it should befall you, you seem like the sort who can get back up after the magic carpet ride, dust yourself off, and put your house back in order quicker than most people. The fact is that not everyone affected by the financial conditions, today, are deadbeats who can be faulted for taking loans they had no business taking. Many people, affected adversely currently, had no part in the near collapse of the stock market. They neither extended nor accepted loans nor were they invested in CDO's. My dad lives in a subdivision and he'd tell me about the signs that were going up on the houses neighboring his. There are the red ones that get taped to the door when the utility bills can't be paid along with the foreclosure and eviction notices. He's essentially watched his neighborhood empty as red default notices could be seen on nearly every house, curiously flapping in the breeze in what used to be one of the richest (in terms of personal wealth) counties in the United States. What I suspect is that a lot of these people used to share your narrative as the self-made man. |
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| Originally posted by The17sss Couldn't agree with you more man. I have had a dose of good luck along the way, able to steer clear of major catastrophes... as Thomas Jefferson said, "I'm a great believer in luck, and I find the harder I work the more I have of it." I try to position myself with backup plans "just in case", but you're right... scores of people couldn't do anything about the rug that was pulled out from underneath them. An unexpected series of events could do the same to me which is a scary thought. Best of luck to your dad, man. |
"outcome" is what dribbles out of his anus after Newt Gingrich mounts him.
McFelchy Santorum
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| Originally posted by EddieZilker Thanks. I meant to say thank you regarding your earlier post about that, too. I don't want to be an aggrieved tosser with you just because I think you're wrong. In terms of your luck, I suspect because you've persevered to this point, it shouldn't be too much of a problem to come out on the other side of the financial crisis, well positioned - but that's just my intuition about it. Even if you become more Republican than you are, now, I actually hope that's the outcome. |
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| Originally posted by srussell0018 |
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| Originally posted by The17sss I'm surprisingly loose |
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| Originally posted by The17sss I'm spoiled because I'm successful? Hey fuckface, I didn't have a god damn cent handed to me on a silver platter. 6 1/2 strait years busting my ass thought college & grad school with over $50,000 in loans when I was done, then 5 years on the job without ever missing a day of work, helping build a company from scratch, and now 9 years after college I'm finally enjoying the rewards... when I actually have time off to enjoy them. No affirmative action, minority, or gender preferences to get ahead, no scholarships... just good old fashioned hard work combined with calculated risk taking. If anyone is spoiled, it's you because you haven't done or earned anything, and the unemployment checks you cash are a direct result of people like me to pay into the teet you can't detach yourself from. I mean, is there a bigger fucking joke than you? So depressingly pathetic.. you really have no idea about anything, yet are so ungodly overconfident in yourself. *whispers* Pssst! It's a lot harder than you think to hide how much of an empty shell of a human being you are, and your massive lack of self esteem. That's between us |
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| Originally posted by The17sss The "average man" isn't getting as screwed as people make them out to be, considering almost half don't pay income taxes. Where do you live now... did you move to NJ or are you in NYC? I can't remember. One thing I will say too- I'm fine with the idea that if you make a salary over some arbitrarily high number, during those years in which your income was high you shouldn't get SS checks following retirement. If you have a successful career, I think it's your responsibility to structure your post-work future accordingly and not rely on handouts that could either: A) go to more deserving people if the money is going to be there anyway, or B) be used to pay down the SS debt/future commitments. A financially sound person has no reason to rely on SS checks at the end of their life. |
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| Originally posted by Lews You're privileged because you're a white male born in the US (with apparently few health issues). That's more privilege than tons of people in this world. You've been very lucky. Now, that said, yes, Kevin, you have worked very hard in life and taken risks and I applaud you for that and say both well done and congratulations. Just don't think that you aren't somehow special and have never had anything handed to you. You've had tons handed to you, you just don't realize it. Tons of people aren't as lucky as you. I don't know where you get this idea from, but the majority of poor people aren't poor because they are lazy douchers who just want to survive on other people's money. That's simply wrong and douchey. |
So,
Serious thread is serious
http://www.cnn.com/2011/BUSINESS/08....html?hpt=hp_t1
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| Although the United States narrowly avoided an unprecedented default following congressional approval of a last-minute compromise plan to raise the debt ceiling, China's leading credit rating agency Wednesday downgraded U.S. sovereign debt after putting it on negative watch last month. The Dagong Global Credit Rating Company, which lowered the United States to A+ last November after the U.S. Federal Reserve decided to continue loosening its monetary policy, announced a further downgrade to A, indicating heightened doubts over Washington's long-term ability to repay its debts. It said the gloomy assessment -- much lower than the AAA ratings given by the so-called "big three" Western agencies Moody's, Fitch, and Standard and Poor's -- was inevitable given the level of market concern generated by the stalemate between Democrats and Republicans over the debt ceiling. "The squabbling between the two political parties on raising the U.S. debt ceiling reflected an irreversible trend on the United States' declining ability to repay its debts," Dagong Chairman Guan Jianzhong told CNN. "The two parties acted in a very irresponsible way and their actions greatly exposed the negative impact of the U.S. political system on its economic fundamentals," he said. Ironically, Dagong's move could hurt not just the United States but also China, the largest foreign owner of U.S. debt with holdings worth almost $1.2 trillion. "Our downgrade simply reflects reality," Guan said. "Our rating didn't cause China to lose any money --- it was the inappropriately high ratings for the U.S. by Western agencies that had led China to make risky investments in U.S. debt." |
AAA credit rating, gone.
http://www.nytimes.com/2011/08/06/b...sp.html?_r=1&hp
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| Originally posted by OrangestO AAA credit rating, gone. http://www.nytimes.com/2011/08/06/b...sp.html?_r=1&hp |
Ahh yes. looks like i did speak too soon. My applogies Kevin,
Looks like those CDO were rated higher than the national debt LOL.
Anyways, i think I have to take back my comment with regards to greek debt related to US debt as apples vs oranges. Its more like oranges and tangerines now. I'm puzzled to see what will happen now. I guess that means bond yields go up?
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