Do You Support The "Occupy"Protests?

Do you support the global "Occupy" protests?


  • Total voters
    234

fdd2blk

Well-Known Member
How many people are in tremendous debt, or in a similar situation to that is the real question :)
not that many.

there are a handful of resident "occupiers". everybody else are simply tourists marching to take pics for their facebook pages. they all go back to work the next day.
 

Finshaggy

Well-Known Member
I know what's going on RIGHT NOW, lol.

But as the rescission recesses more and more, MORE people will be foreclosed on, MORE people will lose their jobs, inflation will rise and MORE people will need MORE money. Then we hit depression, and it's the only option left for 50% of America (Guesstimate).

Do you not get this AT ALL?????
 

fdd2blk

Well-Known Member
I know what's going on RIGHT NOW, lol.

But as the rescission recesses more and more, MORE people will be foreclosed on, MORE people will lose their jobs, inflation will rise and MORE people will need MORE money. Then we hit depression, and it's the only option left for 50% of America (Guesstimate).

Do you not get this AT ALL?????

no, i don't.

MW3 and BF3 and the iphone79.6(or whatever) just came out. :hump:

record sales.

tell me what now?
 

Finshaggy

Well-Known Member
so i can only assume you have neither cash nor credit? :(

why aren't you living in a tent in oakland?
Cash.

Because I don't live near there, and I'm not in that situation yet.
I'd be down to go protest every once in a while(There's an Occupy in a city near me), but no car. So not right now.
 

Finshaggy

Well-Known Member
got a link? :?
home-mortgage debt has doubled to $8 trillion since 1998. Home and auto loans aside, most American's have credit cards. While about half of us do a pretty good job of keeping our balances down, the other half carries at least a $1000 balance, with 10% of card holders carrying in excess of $10,000 on plastic alone. Even those who carry only a few hundred bucks at a time are technically "in debt" - just an amount of it they can manage reasonably.

http://www.americandebtadvisor.com/questions/howmanyamericansareindebt.shtml
 

fdd2blk

Well-Known Member
home-mortgage debt has doubled to $8 trillion since 1998. Home and auto loans aside, most American's have credit cards. While about half of us do a pretty good job of keeping our balances down, the other half carries at least a $1000 balance, with 10% of card holders carrying in excess of $10,000 on plastic alone. Even those who carry only a few hundred bucks at a time are technically "in debt" - just an amount of it they can manage reasonably.

http://www.americandebtadvisor.com/questions/howmanyamericansareindebt.shtml

from your own link, ....

" ... there are fewer Americans in debt, recent studies show ... "







let's just go ahead and post the whole thing, to OMIT any confusion. ;)



Question: How Many Americans Are In Debt?

"I can't seem to get ahead financially and lots of my friends and colleagues are in the same boat. It seems like everyone's spending more than they can afford these days. How many people are in debt?"
There's been plenty of surveys on the question - and some conflicting results. Part of the reason the numbers change so much is that it's not always clear whether all debts are included, just 'problematic' debts or in sometimes only unsecured debt.
If there's no further qualifications, most Americans are in debt. Bearing in mind that things like mortgages and car loans count; it's the American dream for most to acquire a big debt of their own. In fact, according to the Washington Times, home-mortgage debt has doubled to $8 trillion since 1998.
Home and auto loans aside, most American's have credit cards. While about half of us do a pretty good job of keeping our balances down, the other half carries at least a $1000 balance, with 10% of card holders carrying in excess of $10,000 on plastic alone. Even those who carry only a few hundred bucks at a time are technically "in debt" - just an amount of it they can manage reasonably.
Some studies don't include what we'll call 'intentional' debt such as mortgages, and focus on things like credit cards and other bills that have unintentionally accumulated balances. If that's the case there are fewer Americans in debt, recent studies show about 45% of homes carry at least some balance on their cards rather than pay them off each month.
So how many Americans are in debt? Excluding minors, the total is somewhere in the neighborhood of 80% if we include secured debts like homes and cars. Excluding those particular purchases puts us closer to 50% of the adult population, and half of that 50% has thousands of dollars owed.




people put themselves into debt. so what are they protesting again?


it's over. by christmas no one will even be talking about it anymore.
 

Finshaggy

Well-Known Member
from your own link, ....

" ... there are fewer Americans in debt, recent studies show ... "







let's just go ahead and post the whole thing, to OMIT any confusion. ;)



Question: How Many Americans Are In Debt?

"I can't seem to get ahead financially and lots of my friends and colleagues are in the same boat. It seems like everyone's spending more than they can afford these days. How many people are in debt?"
There's been plenty of surveys on the question - and some conflicting results. Part of the reason the numbers change so much is that it's not always clear whether all debts are included, just 'problematic' debts or in sometimes only unsecured debt.
If there's no further qualifications, most Americans are in debt. Bearing in mind that things like mortgages and car loans count; it's the American dream for most to acquire a big debt of their own. In fact, according to the Washington Times, home-mortgage debt has doubled to $8 trillion since 1998.
Home and auto loans aside, most American's have credit cards. While about half of us do a pretty good job of keeping our balances down, the other half carries at least a $1000 balance, with 10% of card holders carrying in excess of $10,000 on plastic alone. Even those who carry only a few hundred bucks at a time are technically "in debt" - just an amount of it they can manage reasonably.
Some studies don't include what we'll call 'intentional' debt such as mortgages, and focus on things like credit cards and other bills that have unintentionally accumulated balances. If that's the case there are fewer Americans in debt, recent studies show about 45% of homes carry at least some balance on their cards rather than pay them off each month.
So how many Americans are in debt? Excluding minors, the total is somewhere in the neighborhood of 80% if we include secured debts like homes and cars. Excluding those particular purchases puts us closer to 50% of the adult population, and half of that 50% has thousands of dollars owed.




people put themselves into debt. so what are they protesting again?


it's over. by christmas no one will even be talking about it anymore.

LOL LOL LOL LOL

INTENTIONAL DEBT doesn't count in your mind?????????

LOL LOL LOL LOL LOL LOL

Credit Cards, and shit against your mortgage DO COUNT in the real world LOL LOL LOL LOL LOL
 
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