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Thread: Is revolution hitting U.S. streets

  1. #1111
    Magoo's Avatar
    Magoo is offline Senior Member
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    Quote Originally Posted by cmsdock View Post
    Mags Econ includes theft from others because they worked hard for where they are.
    What kind of pills do you take, I'll ask my doctor for some I wanna be happy all the time too.
    Magoo

  2. #1112
    Magoo's Avatar
    Magoo is offline Senior Member
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    Quote Originally Posted by Toby View Post
    Mags how does spending beyond your means actually help in the end? You know what you stated is part of the problem that we face, we seen that with those who went out and signed a loan for $300,000 when they really only could afford $150,000 that on top of already having credit cards near max and car payments..*
    Yes not spending slows things down, sure it does, but then again if you do not have the capital to start with maybe you should reconsider those extra to live up to the Jone's..*

    People can live a lot leaner then what Many think they can, and that time is coming regardless.Econ101 also says don't spend more than you bring in, did you forget to mention that?
    What you describe is capitolism, saving your money is nice for yourself but if everyone was like that you would not have a job.
    When houses sold for 300k and you could buy one and hopefully turn it next year for 350K that was a great way to make more money then you could any way else.
    Who gets screwed in these things are the people who buy to live in and keep.
    Whats the next bubble I can't say but there is always going to be one.
    Everyone wants to get rich and faster is better
    Magoo

  3. #1113
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    POPCORN is offline Senior Member
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    Quote Originally Posted by Magoo View Post
    No not blaming them but thats what happens when you stop spending.
    Stop all the stimulas and jobs packages it will get worse.Simple business won't invest if they don't think they can make money you can't blame them for that, if nobody buys there stuff they could go broke and be like the rest of us.
    Magoo
    That is absolute BS! And you don't even believe that garbage yourself. Show me one instance where any economy has fixed it's problems by borrowing more money.
    Northern Flash and Toby like this.

  4. #1114
    cmsdock is offline Premium Member
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    Quote Originally Posted by Magoo

    No not blaming them but thats what happens when you stop spending.
    Stop all the stimulas and jobs packages it will get worse.Simple business won't invest if they don't think they can make money you can't blame them for that, if nobody buys there stuff they could go broke and be like the rest of us.
    Magoo
    Less business keep more of their earnings so they can invest in becoming even more profitable. Obama is causing this depression and wants this nation to be poor.

  5. #1115
    cmsdock is offline Premium Member
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    Quote Originally Posted by POPCORN

    That is absolute BS! And you don't even believe that garbage yourself. Show me one instance where any economy has fixed it's problems by borrowing more money.
    Mags how people ever survive without the government back in the day?

  6. #1116
    cmsdock is offline Premium Member
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    Quote Originally Posted by Magoo

    What kind of pills do you take, I'll ask my doctor for some I wanna be happy all the time too.
    Magoo
    Think about it thief you demand that rich people give up more their earnings and give it to someone else who hasn't earned it.

  7. #1117
    jimmy g's Avatar
    jimmy g is offline Kook
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    Quote Originally Posted by Magoo View Post
    What kind of pills do you take, I'll ask my doctor for some I wanna be happy all the time too.
    Magoo
    Dr jimmyg prescribes Hard Work, Charity, and Bible Study for you! You'll be a LOT Happier!!!!!!!
    Woody and Toby like this.
    "I'd Turn Back If I Were You!" (The Cowardly Lion)

    Obviously, my ideas are mine alone, and are NOT the ideas of my Employer!!!!

  8. #1118
    Stan Smith's Avatar
    Stan Smith is offline Super Moderator
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    Long live the king!?
    Live by the sword, die by the sword.

  9. #1119
    Toby's Avatar
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    Quote Originally Posted by Magoo View Post
    What you describe is capitolism, saving your money is nice for yourself but if everyone was like that you would not have a job.
    When houses sold for 300k and you could buy one and hopefully turn it next year for 350K that was a great way to make more money then you could any way else.
    Who gets screwed in these things are the people who buy to live in and keep.
    Whats the next bubble I can't say but there is always going to be one.
    Everyone wants to get rich and faster is better
    Magoo
    Here is the thing Mag's I am smart enough not to live beyond my means and take that $300,000 home. Not everyone was out to flip a home.. If I bought one for $150,000 and then sold it for $210,000 then I still made more of a profit.. But you see a home is not supposed to be a short term investment and you understand that but will not like to admit it.. I highly doubt you live your personal lifes finances the way you like to potray yourself on here.

  10. #1120
    Toby's Avatar
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    Under Barrys economics... Just the last 2 1/2 years alone, that $150,000 house is now worth $86,000 at best though regardless of the property taxes remaining the same, with increased fuel cost to heat it, and increasede electric cost to light is.. Then add in the increase in food costs under the inflation bubble he and Ben have created...


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