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#61 (permalink) | |
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Dream Weaver
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My guess is the second figure is 6 maybe 7. That chart show participation and college grads are the highest number. If they can't find a job perhaps they should start their own business. Surely with a $100k education they are smart enough to do that. But then again they weren't smart enough to avoid going $100k in debt for college in the first place so who knows. no one forced them to take the loans though and if anyone promised them a job they should sue that person/company.
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Do not be overcome by evil, but overcome evil with good. - Romans 12:21 Sometimes at night, I see their faces. I feel the traces they've left on my soul |
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#64 (permalink) | |
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Emerging from the sun
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"Be faithful in small things because it is in them that your strength lies." ~ Mother Teresa |
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#65 (permalink) |
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Cheetah Consulting-Closed
![]() Join Date: Jul 2011
Posts: 2,694
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The global financial picture is so incredibly complex it's probably impossible for any one person fully understand. Every time I think about it I realize there are more pressure points than I previously considered. Heck, we are still analyzing the financial picture from the last great depression. It's really hard to know the full impact of a policy, law, or trend until it's run it's course. And even then you may not catch all the little things that happened because of it.
How can we trust what a political candidate is saying about the financial crisis when we cannot even begin to understand it? |
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#67 (permalink) | |
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Premium Member
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#68 (permalink) |
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Dream Weaver
![]() Join Date: Jul 2009
Location: Everywhere
Posts: 17,674
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__________________
Do not be overcome by evil, but overcome evil with good. - Romans 12:21 Sometimes at night, I see their faces. I feel the traces they've left on my soul |
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#70 (permalink) | |
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Dream Weaver
![]() Join Date: Jul 2009
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If these college kids aren't smart enough to know you have to pay back your loans perhaps we should end school loans. Nothing weong with working your way through.
__________________
Do not be overcome by evil, but overcome evil with good. - Romans 12:21 Sometimes at night, I see their faces. I feel the traces they've left on my soul |
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#71 (permalink) | |
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Emerging from the sun
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Taking for granted that these students can find meaningful work to support their college years? Again with the assumption that going to college means they should all be financial wizards. Do you really think that anyone that has no job, no money saved, with a degree, can collect enough aluminum cans, sell enough Kirby vacuums, panhandle in front of freeway ramps, and flip hamburgers at a rate that allows them to start a business without a loan? Come on. Not everyone is Bill Gates.
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"Be faithful in small things because it is in them that your strength lies." ~ Mother Teresa |
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#72 (permalink) | |
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Registered User
Join Date: Apr 2007
Location: Jacksonville, Florida
Posts: 15,320
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#73 (permalink) |
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Premium Member
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Capitalism has a very ugly side. Someone once told me that if I had any sense at all, I would buy something and sell it to the next person at a higher price. In essence, rip him off. I just cannot bring myself to do this, but Wall Street sure can. That is what the protest is about, more or less.
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#74 (permalink) |
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Potterhead and Janeite
![]() Join Date: Jun 2009
Location: My own private Idaho
Posts: 6,653
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Wirelessly posted (droid)
Calling college kids stupid is not only non-persuasive, it makes one look like a bitter old person. There is no reason to pit age groups against each other, and it's a sign of toxic leadership. The point is that financial pros shouldn't be able to make obscene profits with fraudulent paper pushing schemes only to be bailed out by ordinary working people. It's like that Dilbert strip in which Catbert puts a bunch of diseased cattle in a group to sell them.
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#75 (permalink) | |
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Premium Member
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Left ear implanted with Med-El on April 24 2007. Activated on May 9th. Upgraded to Opus 2 9/10/2010 Think Pink. FREE JILLIO! |
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#76 (permalink) | |
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Emerging from the sun
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"Be faithful in small things because it is in them that your strength lies." ~ Mother Teresa |
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#77 (permalink) |
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Granny Terp
![]() Join Date: Jun 2004
Location: South Carolina
Posts: 39,195
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Who pays for all the expenses of these "occupy" movements? That is, who pays for the extra police hours, the massive clean up of debris, the lost business, overflowing toilets, vandalism, etc.?
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#79 (permalink) | |
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Dream Weaver
![]() Join Date: Jul 2009
Location: Everywhere
Posts: 17,674
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You can start a service industry business for a few $. It's more about hard work than money.
__________________
Do not be overcome by evil, but overcome evil with good. - Romans 12:21 Sometimes at night, I see their faces. I feel the traces they've left on my soul |
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#80 (permalink) | |
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Emerging from the sun
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Imagine trying to find a job, any job, with creditors calling, your mortgage nearing default, and nobody willing to give you an interview. That is the reality many people wake up to daily. I understand your reasoning, but there are many thousands of highly educated people that are in the situation I just described; people with degrees and many years of experience in their field. Since you are basking in the fruits of your labors, you do not have to look for work. It seems a bit incredulous to expect everyone to attempt to start a business when times are tough. Easy for you to say, but it reeks of smugness. Sorry.
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"Be faithful in small things because it is in them that your strength lies." ~ Mother Teresa |
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#81 (permalink) | |
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Dream Weaver
![]() Join Date: Jul 2009
Location: Everywhere
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Oh and nobody is calling all college kids stupid. Just the ones that think having to pay back your loans is unfair.
__________________
Do not be overcome by evil, but overcome evil with good. - Romans 12:21 Sometimes at night, I see their faces. I feel the traces they've left on my soul |
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#83 (permalink) | |
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Dream Weaver
![]() Join Date: Jul 2009
Location: Everywhere
Posts: 17,674
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Quote:
__________________
Do not be overcome by evil, but overcome evil with good. - Romans 12:21 Sometimes at night, I see their faces. I feel the traces they've left on my soul |
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#84 (permalink) |
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Dream Weaver
![]() Join Date: Jul 2009
Location: Everywhere
Posts: 17,674
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Yup as usually the Taxpayers will have to pay for this childish behavior. At least the billionaires paid us back....
__________________
Do not be overcome by evil, but overcome evil with good. - Romans 12:21 Sometimes at night, I see their faces. I feel the traces they've left on my soul |
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#85 (permalink) | |
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Registered User
Join Date: Jul 2007
Posts: 4,889
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If more people take the time to understand how all those repeals of the Glass-Steagal Act led to the collapse of 2008, they wouldn't be fussing over the garbage the protesters left behind in Central Park. |
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#86 (permalink) | |
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Banned
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At leat the Tea party doesn't promote anarchy. |
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#88 (permalink) | |
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Banned
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I believe facts - and no, the facts do not come to me after drinking the bong water. I do not smoke pot:
Joe Biden | Obama Economy | George W. Bush | The Daily Caller Quote:
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#89 (permalink) |
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Potterhead and Janeite
![]() Join Date: Jun 2009
Location: My own private Idaho
Posts: 6,653
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TXGolfer, the banks have not paid back the money. I don't know where you're getting that. If you've got some evidence of that, I'd love to see it. Your smug attitude only lessens your credibility.
As I mentioned earlier, the bailout money also went to foreign banks and American corporations. Hardly within the purview of the Federal Reserve.
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#90 (permalink) | |
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Registered User
Join Date: Jul 2007
Posts: 4,889
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Let's see the rest of the article: "Even though fifty-some percent of the American people think that the economy tanked because of the last administration, that’s not relevant,” Biden stressed. “What’s relevant is we’re in charge. And right now we are the ones in charge and it’s gotten better, but it hasn’t gotten good enough.” It's clear he's saying blame is not the answer, what's relevant is current government dealing with the economy as it is today and the citizens have the right to hold the current government accountable for dealing with that. In no way did he say Obama was responsible for the financial mess and in fact, he said the economy has gotten better. I would love for you to post any links of Biden saying Obama's bailouts is responsible for the current financial mess. |
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