Four million Americans fall into poverty in one year

[loumeinhart 0]

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The Great Depression occurred under Harding, Coolidge and Hoover, was fixed under 20 years of FDR and Truman.

The mortgage meltdown oiccurred under GWB, now Obama has to fix it.

1. WW2 brought the US out of the Great Depression
2. Obama does not 'have' to fix the 'mortgage meltdown'. Without even scraping the surface of andrew Cuomo's infulence on FHA under Clinton to pressure banks to make 'subprime' loans to less-than qualified borrowers.. I simply argue that potus shouldn't have a role in interfering with business between borrower and lender. I do understand that there is a necessary level of regulation that is in place for financial institutions but it's not any president's job to 'fix mortgages.'

[Amazon 7]

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The Great Depression occurred under Harding, Coolidge and Hoover, was fixed under 20 years of FDR and Truman.

The mortgage meltdown oiccurred under GWB, now Obama has to fix it.

1. WW2 brought the US out of the Great Depression
2. Obama does not 'have' to fix the 'mortgage meltdown'. Without even scraping the surface of andrew Cuomo's infulence on FHA under Clinton to pressure banks to make 'subprime' loans to less-than qualified borrowers.. I simply argue that potus shouldn't have a role in interfering with business between borrower and lender. I do understand that there is a necessary level of regulation that is in place for financial institutions but it's not any president's job to 'fix mortgages.'

Regulation smegulation... just turn it all over to Gordon Gecko like the clowns want to do

[shropshire 0]

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1. WW2 brought the US out of the Great Depression'

By the industrialists making vast fortunes from the rest of the world whilst brave soldiers paid in blood.

(.)Y(.)
Chivalry is not dead; it only sleeps for want of work to do. - Jerome K Jerome

[Kennedy 0]

Well now there's the interesting point. When wealthy industrialists, or greedy capitalists, or whatever perjorative term you prefer, but when the rich are making money, lots of folks are employed. When the rich aren't making money, fewer folks have jobs.

witty subliminal message
Guard your honor, let your reputation fall where it will, and outlast the bastards.
1*

[shropshire 0]

But in this case (WW2) - they were making money off the backs of suffering.

European industry was being destroyed whilst some Americans made a fortune ... and getting splinters in the arses from sitting on the fence.

Many got off their arse and gave their all over here (for which we should be eternally grateful) but too many coined it.

(.)Y(.)
Chivalry is not dead; it only sleeps for want of work to do. - Jerome K Jerome

[Lucky... 0]

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I know, we should just cut taxes and nix this silly HC thing, only certain people need it after all.

Finally you make sense.

Finally, a 1-liner. Thx for contributing, we're all the better for it.

It was far better than your rambling rant

And enormous list of data that you don't even have a clue as to how to respond.

[Lucky... 0]

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According to the bureau, 43.6 million people or 14.3% of the population were in poverty in 2009, up from 39.8 million in 2008. This is the third consecutive annual rise. The hardest-hit are African-Americans and Hispanics.

I wonder how many of them are illegals?

The feds only have reported income to go off of. Not income received "under the table" or "off the books".

Just like the guy that has a 4 bedroom house and 3 SUVs and makes his living begging for change on the corner.

Wow - that sounds familiar, somone making a living with change, coincidence?

Since the top 20% of the population holds 93% of all cash, 85% of all cash/assets is it really intelligent to worry about the crumbs at the botom 60% of the scale that = 4% of all cash/asset?

http://www.faculty.fairfield.edu/faculty/hodgson/courses/so11/stratification/income&wealth.htm

Thinking someone is begging for change and buying a new Escalade and a 4 bedroom house is so unaware of reality that I don't know whether to respond or to call the men in white suits.

[christelsabine 1]

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I have not seen any tents in my comunity lately. in the low income section of the town I work in, most have cell phones and thousand dollar rims. go to dominican republic and mexico if you want to see poverty.

Or have a look right here?

http://rt.com/Top_News/2010-09-17/americans-poor-tent-city.html

dudeist skydiver # 3105

[Lucky... 0]

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Well now there's the interesting point. When wealthy industrialists, or greedy capitalists, or whatever perjorative term you prefer, but when the rich are making money, lots of folks are employed. When the rich aren't making money, fewer folks have jobs.

Per the graph it appears the real wealth is made when by the rich when the poor earn income:

http://www.faculty.fairfield.edu/faculty/hodgson/courses/so11/stratification/income&wealth.htm


The distribution of wealth is much more unequal than the distribution of income, especially when focussing on the bottom 60% of all households. The bottom 60% of households possess only 4% of the nation's wealth while it earns 26.8% of all income.

So I guess the rich need to have the poor working so they can continue their greedy quest to own it all.

Also, under Capitalism, you're right, which is why Capitalism is so slimy. Under Socialism the status of teh poor isn't tied to the rich, they are empowered w/o sucking off the rich, as with Capitalism; you say you prefer Capitalism and you're not rich?

[rushmc 18]

And enormous list of data that you don't even have a clue as to how to respond.

Data??

You have gotten nutty conclusions bases on twisted views of data

All those here who can think for themselves understand that

To me, you are just funny

you are the ryhs of government and taxation policy

"America will never be destroyed from the outside,
if we falter and lose our freedoms,
it will be because we destroyed ourselves."
Abraham Lincoln

[Lucky... 0]

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I have not seen any tents in my comunity lately. in the low income section of the town I work in, most have cell phones and thousand dollar rims. go to dominican republic and mexico if you want to see poverty.

Or have a look right here?

http://rt.com/Top_News/2010-09-17/americans-poor-tent-city.html

He's looking, he just can't see http://design.sva.edu/site/projects/show/5

[Kennedy 0]

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Well now there's the interesting point. When wealthy industrialists, or greedy capitalists, or whatever perjorative term you prefer, but when the rich are making money, lots of folks are employed. When the rich aren't making money, fewer folks have jobs.

Per the graph it appears the real wealth is made when by the rich when the poor earn income:

http://www.faculty.fairfield.edu/faculty/hodgson/courses/so11/stratification/income&wealth.htm


The distribution of wealth is much more unequal than the distribution of income, especially when focussing on the bottom 60% of all households. The bottom 60% of households possess only 4% of the nation's wealth while it earns 26.8% of all income.

So I guess the rich need to have the poor working so they can continue their greedy quest to own it all.

Also, under Capitalism, you're right, which is why Capitalism is so slimy. Under Socialism the status of teh poor isn't tied to the rich, they are empowered w/o sucking off the rich, as with Capitalism; you say you prefer Capitalism and you're not rich?

This is exactly why I laugh whenever you talk about economics. You complain about unequal distribution of wealth, but you can't point to a single socialist country that has equal distobition if wealth. In most socialist countries there is a larger gap between rich an poor than in capitalist countries. Go ahead, show me a socialist countr where the poor are "empowered." You can't. There is always a ruling class and then everyone else. Socialism is the lie that somehow the people in charge will not do things to give themselves more advantages. Capitalism is the promise that you have a chance to better yourself. Socialism is more government power and intrusion into private life. The very concept of socialism precludes there being a "private life." Your socialist views require absolute trust in people running the government. You seem to despise people with wealth and power. Which is ironic because one set is the same as the other.

witty subliminal message
Guard your honor, let your reputation fall where it will, and outlast the bastards.
1*

[loumeinhart 0]

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they are empowered w/o sucking off the rich, as with Capitalism; you say you prefer Capitalism and you're not rich?

LOL I've typed and erased 5 different replys..I give up

[loumeinhart 0]

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Capitalism is the promise that you have a chance to better yourself. Socialism is more government power and intrusion into private life. The very concept of socialism precludes there being a "private life." Your socialist views require absolute trust in people running the government. You seem to despise people with wealth and power. Which is ironic because one set is the same as the other.

THANK YOU

[airdvr 200]

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Under Socialism the status of teh poor isn't tied to the rich, they are empowered w/o sucking off the rich,

ROFL...oh yeah! There are so many empowered poor in Cuba, China, and North Korea. Wow!

Seriously Lucky...now that you've had a chance to see that statement are you sure you don't want to re-think what you said?

Please don't dent the planet.

Destinations by Roxanne

[Lucky... 0]

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Under Socialism the status of teh poor isn't tied to the rich, they are empowered w/o sucking off the rich,

ROFL...oh yeah! There are so many empowered poor in Cuba, China, and North Korea. Wow!

Seriously Lucky...now that you've had a chance to see that statement are you sure you don't want to re-think what you said?

I see, claiming that N Korea, Cuba and China are Socialist is the problem; they are Communist. They may have Socialist elements to them, as do we, but they are definitiely Communist. I guess you have to misrepresent them in order to make your point. Is Canada Communist too, or is this just your delluded puzzle where you get to fill in the blanks?

[Amazon 7]

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Under Socialism the status of teh poor isn't tied to the rich, they are empowered w/o sucking off the rich,

ROFL...oh yeah! There are so many empowered poor in Cuba, China, and North Korea. Wow!

Seriously Lucky...now that you've had a chance to see that statement are you sure you don't want to re-think what you said?

See there is yet another failure of our educational system....

I would not call the countries you listed as communists as much as totalitarians. All three of them are military dictatorships that control the lives of the people, with China and Cuba at least... tossing out a few crumbs.. but STILL controlling all aspects from a tightly controlled central government.... NK.... a perfect example of what brainwashing will do for a people... all certered around one nutbag in chief.

[skipbelt 0]

you think canada is socialist ?
no capitalism there ?
remember the cccp ?

[Lucky... 0]

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you think canada is socialist ?
no capitalism there ?
remember the cccp ?

I don't think that, I have ahard time understanding how you could interpret that..... wait, the guy who never posts objective supportring data....yea, I get it.

I was illustrating how the guy I was responding to was calling Cuba, China and N Korea Socialist whne they are Communist. Get it yet? If those countries are Socialist, so must be Canada.

[kelpdiver 2]

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I would not call the countries you listed as communists as much as totalitarians.

can you think of any non totalitarian communist states? It's a system that relies on force because otherwise it would fall apart from the gross inequities.

Lucky, you can look to Venezuela as a good example of failed socialism. Even with the benefit of petro dollars, Chavez is not serving his people well.

[Amazon 7]

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I would not call the countries you listed as communists as much as totalitarians.

can you think of any non totalitarian communist states? It's a system that relies on force because otherwise it would fall apart from the gross inequities.

Lucky, you can look to Venezuela as a good example of failed socialism. Even with the benefit of petro dollars, Chavez is not serving his people well.

I would say Israel does a pretty good job of it... democratic.. with a large number of people living communally in kibbutzes across the country.

[skipbelt 0]

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you think canada is socialist ?
no capitalism there ?
remember the cccp ?

I don't think that, I have ahard time understanding how you could interpret that..... wait, the guy who never posts objective supportring data....yea, I get it.
I was illustrating how the guy I was responding to was calling Cuba, China and N Korea Socialist whne they are Communist. Get it yet? If those countries are Socialist, so must be Canada.

all those countries you assert are communist ARE socialist , and you said " never " !

[airdvr 200]

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Under Socialism the status of teh poor isn't tied to the rich, they are empowered w/o sucking off the rich,

ROFL...oh yeah! There are so many empowered poor in Cuba, China, and North Korea. Wow!

Seriously Lucky...now that you've had a chance to see that statement are you sure you don't want to re-think what you said?

I see, claiming that N Korea, Cuba and China are Socialist is the problem; they are Communist. They may have Socialist elements to them, as do we, but they are definitiely Communist. I guess you have to misrepresent them in order to make your point. Is Canada Communist too, or is this just your delluded puzzle where you get to fill in the blanks?

Communist, socialist...I don't care. Their poor are so empowered.

Please don't dent the planet.

Destinations by Roxanne

[Kennedy 0]

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I see, claiming that N Korea, Cuba and China are Socialist is the problem; they are Communist. They may have Socialist elements to them, as do we, but they are definitiely Communist. I guess you have to misrepresent them in order to make your point. Is Canada Communist too, or is this just your delluded puzzle where you get to fill in the blanks?

So tell us. In your enlightened views, what is the difference between socialism and communism?

witty subliminal message
Guard your honor, let your reputation fall where it will, and outlast the bastards.
1*

[turtlespeed 212]

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1. WW2 brought the US out of the Great Depression'

By the industrialists making vast fortunes from the rest of the world whilst brave soldiers paid in blood.

Maybe we should go back in time and abstain from the war then?

I'm not usually into the whole 3-way thing, but you got me a little excited with that. - Skymama
BTR #1 / OTB^5 Official #2 / Hellfish #408 / VSCR #108/Tortuga/Orfun