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You'd be surprised what can cause the stock market to "shift". It's the most unreliable and untrustworthy way of determining wealth, value and demand ever created. We have business districts empty because actually renting them would lower stock prices . . . .

Apparently there's a virtual stock market in the game that is pretty realistic.

Oh christ yum yum yum yum.... your salt is delicious. Tastes like loser. MORE.

>> ^quantumushroom:

We're not a real Republic anymore, it's now a dictatorship where King Failure gets to decide if your business gets a waiver from his atrocious obamarxcare. If that's not a direct violation of the 14th Amendment (equal protection under the law) what is?
Also, in case you were unaware, the kenyan has authorized TSA agents to "assist police".
And Mitt is 100% right. Unfortunately for the White/Brown/Black entitlement class, the other 2/3rds of us aren't as happy about the Free Stuff Giveaway.
The stock market (down 1000 points) tells the real story apologists like Stink and libmedia won't.

>> ^quantumushroom:

We're not a real Republic anymore, it's now a dictatorship where King Failure gets to decide if your business gets a waiver from his atrocious obamarxcare. If that's not a direct violation of the 14th Amendment (equal protection under the law) what is?
Also, in case you were unaware, the kenyan has authorized TSA agents to "assist police".
And Mitt is 100% right. Unfortunately for the White/Brown/Black entitlement class, the other 2/3rds of us aren't as happy about the Free Stuff Giveaway.
The stock market (down 1000 points) tells the real story apologists like Stink and libmedia won't.


Yeah I'll bet you and your buddies talk all the time about how if you were in charge you'd take care of all those niggers and spics. Your party is just fucking racist man, it's done, time to move on and reform.

>> ^quantumushroom:

We're not a real Republic anymore, it's now a dictatorship where King Failure gets to decide if your business gets a waiver from his atrocious obamarxcare. If that's not a direct violation of the 14th Amendment (equal protection under the law) what is?
Also, in case you were unaware, the kenyan has authorized TSA agents to "assist police".
And Mitt is 100% right. Unfortunately for the White/Brown/Black entitlement class, the other 2/3rds of us aren't as happy about the Free Stuff Giveaway.
The stock market (down 1000 points) tells the real story apologists like Stink and libmedia won't.


Cry more newb. your tears sustain me. You and your party have officially become associated with the same group of people who yell gibberish at cars as they pass by or the crazy homeless people on the street with the cardboard signs that reads "the end is coming"

We're not a real Republic anymore, it's now a dictatorship where King Failure gets to decide if your business gets a waiver from his atrocious obamarxcare. If that's not a direct violation of the 14th Amendment (equal protection under the law) what is?

Also, in case you were unaware, the kenyan has authorized TSA agents to "assist police".

And Mitt is 100% right. Unfortunately for the White/Brown/Black entitlement class, the other 2/3rds of us aren't as happy about the Free Stuff Giveaway.

The stock market (down 1000 points) tells the real story apologists like Stink and libmedia won't.

Dude, it's a financial news segment that covers the stock market. Calm down.

>> ^Boise_Lib:

"A couple of months ago everything seemed to be going great."
^--Fuckn' Douche!
Drive out of your gated community for once--you asshole!

Hold it. The title says, "salary," but the data he is showing is "pay."

There is a difference. Salary is what you get as described in the first commenter's post. Granted, salaries are in the millions for these executives, but a large large amount of their earnings is in bonuses and stocks from said companies that shareholders (i.e., a board) typically vote on.

With that said and the state of the stock market from today compared to 1980, yes it's no wonder why executive pay is 380x the average worker's pay; the average worker does not invest as much or get stocks/bonuses from said company.

>> ^Edgeman2112:

I call a bit of BS on this one. There is some information that is likely omitted.
It all depends on how you define "economic recovery." We know it has nothing to do with employment because the employment rate has either stubbornly remained high for this 2009-2011 period, or simply crept lower. So yes, it's no wonder the average american household income fell with so many people unemployed. Derp.

Economic recovery, as defined by economists, has to do with whether the economy is getting better, or getting worse, not whether the economy is "good" or "bad" in some absolute sense.

Unemployment is still too high, but it's been falling consistently. That's recovery.

Also, why would higher unemployment necessarily fall more heavily on the lower income groups? What's shifting the average in part is that the people making the least are losing their jobs, while the people making the most are getting big bonuses.

That's the whole complaint here -- 93% of the income gains are going to the top 1%.

Derp.
>> ^Edgeman2112:

So where is this large percentage of suspiciously named, "income gains," come from? The stock market! The fed has done 2 (some say 3) rounds of QE which inflate the market. So yes, it's no wonder rich people got richer because they have a ton more disposable income to throw around and double.

The stock market is still below its peak. If you invested $100 in blue chips in 2007, you'd only have $90 to show for that investment now.

On the other hand, if you ran a business that was able to raise prices, bust unions, ship jobs overseas, etc., you could cut your labor costs and make record profits, which a lot of companies have been doing.

>> ^Edgeman2112:
And to be even more frank, I have many middle class friends. I don't see any of them becoming poor or in any serious financial risk not due to healthcare costs. They're having children. Working hard. Earning money. Buying homes too. Saving for retirement and college. They're doing just fine despite the evil rich cadre.
The more I watch Cenk, the more I see him glossing over the issues instead of studying them with a rational mindset.


I agree, you should look at some data. Did you know that if wages had continued to track productivity gains that the average household income would be $92,000 instead of $50,000?

I call a bit of BS on this one. There is some information that is likely omitted.

It all depends on how you define "economic recovery." We know it has nothing to do with employment because the employment rate has either stubbornly remained high for this 2009-2011 period, or simply crept lower. So yes, it's no wonder the average american household income fell with so many people unemployed. Derp.

GDP has been low and consumer demand have been at all time lows. The housing market has sucked. Banks aren't lending due to their stricter rules (I just refi'd. I know). So where is this large percentage of suspiciously named, "income gains," come from? The stock market! The fed has done 2 (some say 3) rounds of QE which inflate the market. So yes, it's no wonder rich people got richer because they have a ton more disposable income to throw around and double.

While this whole 1%/99% thing is interesting, I wish we would focus more on the facts instead of insinuating there is some cadre of enormous rich people scheming to vacuum up money from everyone else. This issue always devolves into Democrat/Republican, but it has little to do with them in the grand scheme of things. The rich people invest their money in the market where it makes the most return. And if they put their money into currencies, that's where the real huge huge money is made.

And to be even more frank, I have many middle class friends. I don't see any of them becoming poor or in any serious financial risk *not due to healthcare costs.* They're having children. Working hard. Earning money. Buying homes too. Saving for retirement and college. They're doing just fine despite the evil rich cadre.

The more I watch Cenk, the more I see him glossing over the issues instead of studying them with a rational mindset.

> Romney in the White-House

As I have always said throughout the banking crisis, stock market collapse, mortgage scams, and banker buyout of Washington, you know what America needs? A scammity investment banker at the helm.

It makes me sick that, like Mitt says, we borrow $215 million a year from China so kids can watch PBS without commercials. That's just one sign of the Mitt Genius.

Hey if it weren't for that PBS deficit maybe we could have thrown that $215 million in with that other (1 million TIMES 1 million) dollars we spent on the F35 Joint Strike Fighter program alone (total estimated cost) and maybe the thing would be actually safe to fly by now.

Oh yeah, Hoover, acting like a liberal, paved the way for FDR. You might agree that without Hoover's antics clearing a path, there would've been no New Deal.

FDR is a sacred cow of the left. You here would have a better chance of convincing shinyblurry there is no God than me convincing you FDR was clueless, and overrode the the original power-limiting intent and meaning of the Constitution.


>> ^crotchflame:

>> ^quantumushroom:
"High tariffs and government-sponsored deflation followed by enormous taxation and unthinkable government expenditures turned a stock market stumble into a decade-long nightmare."


Jesus. Neither of those could be attributed to FDR. The tariffs were under Hoover and massive government spending under the new deal is anything but deflationary.
I mean, go ahead and say the New Deal did not work and all that vague nonsense. You would be wrong but at least it would look like a sensible statement.

"We have tried spending money. We are spending more than we have ever spent before and it does not work. And I have just one interest, and if I am wrong … somebody else can have my job. I want to see this country prosperous. I want to see people get a job. I want to see people get enough to eat. We have never made good on our promises. … I say after eight years of this Administration we have just as much unemployment as when we started. … And an enormous debt to boot." --Henry Morgenthau, Jr., U.S. Secretary of the Treasury during the administration of Franklin D. Roosevelt

The myth of FDR is the edifice on which the modern welfare state wobbles.




>> ^Yogi:

>> ^quantumushroom:
So what did FDR do, exactly? If big biz (that old reliable satan of the left) really "controlled" government then all FDR did was make government bigger and more tyrannical, and to this day the left claims big biz still runs it.
FDR's antics extended the Depression. "High tariffs and government-sponsored deflation followed by enormous taxation and unthinkable government expenditures turned a stock market stumble into a decade-long nightmare."
Obama's cut from the same fictive cloth, a dragon pretending to be dragonslayer.

These statements are from a reputable historian or economist I take it?

You must be new here.>> ^crotchflame:

>> ^quantumushroom:
"High tariffs and government-sponsored deflation followed by enormous taxation and unthinkable government expenditures turned a stock market stumble into a decade-long nightmare."


Jesus. Neither of those could be attributed to FDR. The tariffs were under Hoover and massive government spending under the new deal is anything but deflationary.
I mean, go ahead and say the New Deal did not work and all that vague nonsense. You would be wrong but at least it would look like a sensible statement.