Comments | superquarky: I don't understand...

superquarky

I don't understand...

Mar 05, 2009 22:39

Okay, so first off y'all know I'm not into politics and all that garble. So if this sounds like I'm a complete idiot, then know that I most likely am. Well, not a general-idiot, just an politics-idiot. I've just been rolling this idea around in my head for the past couple of days and I need to ask others what's up ( Read more... )

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sleepyj910 March 6 2009, 23:15:09 UTC

Americans need to consume because in our capitalist system money needs to flow. One reason we're in deep crap is because 1% of Americans own 90% of the wealth, and so there's less money whirling around, and now that the banks are going under the rich have even less interest in investing their money in the rest of us ( ... )

gnea March 7 2009, 17:23:09 UTC

You know, the media likes to make it sound as if money isn't flowing, but the fact is, money flows quite well everyday, all over the country and the world. Nothing is stopping it. If you that's what you believe, then I have to ask you: what crack are you smoking and where can I get some ( ... )

sleepyj910 March 7 2009, 19:56:57 UTC

There are thousands of businesses that currently can not expand because the banks refuse to lend, since they have no capitol.

Obviously money always flows to some degree, since anyone who still has a job or buys anything is part of that.

gnea March 7 2009, 20:10:37 UTC

Right. And they are not going to lend to anyone who isn't qualified for the money.

The problem is that the lenders and banks started handing out loans to anyone who 'seemed' to be qualified. IOW, they lent it out to people who faked their way into the system.

There's this belief that all people should be able to have enought money to get by on, regardless of what their real intentions in life are.

The fact of the matter is, if someone doesn't have what it takes to properly budget their money out for years to come (some call it an 'education'), and if they fraudulently acquire a loan, then the probability that they default on their mortgage/car/whatever loan is 90+%.

People who buy and sell everyday items are just that, and it is a completely market from those who deal in loans.

gnea March 7 2009, 20:12:59 UTC

It'd sure be nice if I could edit my own posts here...

People who buy and sell everyday items are just that, and it is a completely market from those who deal in loans.

This should actually read:

People who buy and sell everyday items are doing just that: buying and selling items everyday, and it is a completely different market from those who deal in loans.

superquarky March 8 2009, 06:14:14 UTC

Right. So I'd like to get a job and save more after I become debt-free. Yeah. I know I already don't help the economy cause I read the manga at the bookstore then put it back. I only buy the ones that I will read over and over, like Fruits Basket. I love that story. It's my favorite.

gnea March 8 2009, 07:40:47 UTC

You know, people who go out of their way to say that you don't help the economy by not buying something that you don't want to buy are some real jackasses. For real, they are not the kind of people that I would bother wasting my time with ( ... )

superquarky March 8 2009, 08:25:16 UTC

I have no idea where that whole tyraid came from. No one said anything to me about not helping the economy. I just feel that way on my own. Crimony. You're making mountains out of molehills again, or even less...like invisible molehills. I'll bet you could use a tall glass of cold sweet tea. Yeah, that'll do the job. ^_^

I'm pretty stocked on romantic comedies, and Taras has a ton of dvds too. Gimmie a list tho and I'll letcha know. Hell, I could send you a bunch I don't even want too!

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