Socialist hellhole California moves from 8th to 6th largest economy in the world, surpassing France

[NLXSK1]

Labor creates all wealth.

Pada is not talking about labor, he is talking about stealing money from one group and giving it to another. No labor is involved.

 

[abandonconflict]

Pada is not talking about labor, he is talking about stealing money from one group and giving it to another. No labor is involved.

Sounds like capitalism.

 

[NLXSK1]

Sounds like capitalism.

Yes because capitalism is all about government taxation... Oh wait... It's not. No wonder you think I am confused, you have it 180.

 

[abandonconflict]

Yes because capitalism is all about government taxation... Oh wait... It's not. No wonder you think I am confused, you have it 180.

Actually capitalism can not exist with out gov't to enforce privatization.

 

[NLXSK1]

Actually capitalism can not exist with out gov't to enforce privatization.

Which has nothing to do with taxation and redistribution of wealth. Nice try at sidelining the thread twice with irrelevant comments!!!

 

[abandonconflict]

Which has nothing to do with taxation and redistribution of wealth. Nice try at sidelining the thread twice with irrelevant comments!!!

Privatization has everything to do with capitalism, dumb ass.

 

[Flaming Pie]

If millionaires spent their money, they wouldn't be millionaires very long, would they?

Silly poor people.

Putting money in savings, stocks, and retirement is a positive for the economy.

 

[Flaming Pie]

i don't recall him pretending to be a woman though.



so?

how many jobs are supported by a rich person buying a $150k car, whereas how many jobs and businesses are supported by 5 people making $30k a year and spreading it throughout all parts of the economy?

do you even think about the shit you say first?

150k vs 150k.

Do you think of the shit you say?

 

[kmog33]

Putting money in savings, stocks, and retirement is a positive for the economy.

Putting money into savings is not positive for the economy. It doesnt not stimulate the economy at all. Retirement only benefits the economy of you're putting it into funds where it can benefit more than just you, i.e. Ssi. Stocks is positive for the economy because you are putting money you have saved back into the economy.

Holding onto money is, more or less, negative for the economy.

 

[doublejj]

California is closing it's last atomic reactor.....Nuke free Cali

 

[NLXSK1]

Putting money into savings is not positive for the economy. It doesnt not stimulate the economy at all. Retirement only benefits the economy of you're putting it into funds where it can benefit more than just you, i.e. Ssi. Stocks is positive for the economy because you are putting money you have saved back into the economy.

Holding onto money is, more or less, negative for the economy.

When people put money into savings it gives banks the capital to make loans. Saving is positive for the economy and for the individual citizen.

 

[UncleBuck]

When people put money into savings it gives banks the capital to make loans. Saving is positive for the economy and for the individual citizen.

loans are debt though, and you can't stop talking about how bad debt is. what gives?

 

[Flaming Pie]

I enjoy pretending to be a woman. Sounds like your bigotry opposes my lifestyle.

I'm a well known idiot and here you are, once again, trying to reason with me. What does that say about you?

Strike 2.

You get one more chance.

I was a man the first year I was on here.

 

[Fogdog]

I was a man the first year I was on here.

Speaking of California,

The California Sheephead, a fish, changes sex during its life depending on the population. If there are not enough male fish in the area, some female fish develop into males.

So, maybe it can happen the other way. For wing nuts, on RIU, maybe.

This one is a male.

 

[tangerinegreen555]

I have a finance degree and I worked in the field for a while and got into sales in 2009

not very believable...

except the sales part...people can sell anything.
give me a large tuna with mayo...snap it up, I have a meeting with an actual financial/tax guy.

 

[fdd2blk]

Seems like we have quite a few bigoted posters here who are afraid of their own sexuality.

 

[MrRoboto]

It's as easy as it is wrong to laugh at those without basic financial skills. The truth is that it damages us all, because financially and economically illiterate people still work, vote and make decisions that affect the finances of many or all the rest of us.

We need to find some way to bridge these gaps between different groups of people. If we continue to separate ourselves by education, status, class, nevermind ethnicuty, religion or skin color, we will never be able to come together to demand that those who own all the chips be finally called to account.

A decent financial education is absolutely not something to take for granted or assume others can easily grasp. On the other hand, it's a lot more complicated than it really needs to be- the better to hide the loopholes, of course.

We can agree on this. Out of all the crap taught at our public schools ^^^^this should be a main course.

 

[Flaming Pie]

Ps, I can afford the downpayment on the house regardless with taxes, I just would prefer not to pay 35-40% of what I sell to the govt. I'd rather move out of the state for 2 years and avoid the income tax on it.


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Sounds like shitty planning.

When you apply for a house loan they tell you how much house you can afford. They ALSO explain how much cash on hand you need for the down payment and their end of closing costs.

When I applied through wells fargo, the people told me that I should wait until I have the funds and I had to have a two year record of where that money came from.

I knew what I needed available for a house so I saved all my earnings for two years. Then when I had the money ready I began looking for houses.

When I viewed our current house, I was able to place an offer that day.

 

[rkymtnman]

When you apply for a house loan they tell you how much house you can afford.

Sounds like shitty planning.

if you can't figure out on your own how much you can afford i.e. house, car, steak dinner, you need to rethink your plan

 

[Flaming Pie]

Putting money into savings is not positive for the economy. It doesnt not stimulate the economy at all. Retirement only benefits the economy of you're putting it into funds where it can benefit more than just you, i.e. Ssi. Stocks is positive for the economy because you are putting money you have saved back into the economy.

Holding onto money is, more or less, negative for the economy.

Having savings and investments reduces the need for federal aid programs.

They adjust your benefits based on whether or not you have savings.

"Got 3k in the bank? Sorry, you are only allowed 2k. We are reducing your benefits."