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Valued Social Butterfly
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Re: How Worlds 1% Rips You Off in Stock Market

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@mandm84 wrote:

My solution ? Remove the Plutocrats from Congress and finally get a Congress that works for ALL Americans and isn't owned by the Insanely Wealthy Interest Groups.


What changes would you have your new Congress make?

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Valued Social Butterfly
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Re: How Worlds 1% Rips You Off in Stock Market

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My solution ? Remove the Plutocrats from Congress and finally get a Congress that works for ALL Americans and isn't owned by the Insanely Wealthy Interest Groups.

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Re: How Worlds 1% Rips You Off in Stock Market

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@KidBoy2 wrote:
The subject of this thread is false...its a out and out lie.

The fact is that thanks to the stock market millions of Americans are enjoying a better life.

Me thinks the ones that believe that the stock market is a Ponzi scheme are the ones that are jealous of us...us that invested in the market and thanks to the stock market we are enjoying a better retirement than people that did not invest.


The way it is phrased it is, of course, the usual class envy nonsense. But, it is true that if an amateur is going to take his retirement money and "day trade" he is involved in gambling against experts with very sophisticated software and years of practice. Odds are he is going to lose.

Now, is that a "rip off" or just stupidity on his part seems to be the issue.
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Valued Social Butterfly
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Re: How Worlds 1% Rips You Off in Stock Market

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The subject of this thread is false...its a out and out lie.

The fact is that thanks to the stock market millions of Americans are enjoying a better life.

Me thinks the ones that believe that the stock market is a Ponzi scheme are the ones that are jealous of us...us that invested in the market and thanks to the stock market we are enjoying a better retirement than people that did not invest.





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Re: How Worlds 1% Rips You Off in Stock Market

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@mandm84 wrote:

rk9152 , it doesn't matter If I have a Pension or Employer Provided Healthcare. It's not about me , it's about all of us and especially about our brothers and sisters, who worked their whole lives and are struggling. So many , to no fault of their own because of medical bills , student loans etc etc.

In 1970 we had Unions to protect us , workers had Pensions and Company provided Healthcare and our CEO's "ONLY" made 20 times more than the average worker.

But by 2000 , after breaking Union's backs , eliminating Pensions and Company provided Healthcare , our CEO's made 400 times more than our average worker. Who's fault is that ?

That just ain't right or Patriotic


And your solution......???

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Re: How Worlds 1% Rips You Off in Stock Market

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rk9152 , it doesn't matter If I have a Pension or Employer Provided Healthcare. It's not about me , it's about all of us and especially about our brothers and sisters, who worked their whole lives and are struggling. So many , to no fault of their own because of medical bills , student loans etc etc.

In 1970 we had Unions to protect us , workers had Pensions and Company provided Healthcare and our CEO's "ONLY" made 20 times more than the average worker.

But by 2000 , after breaking Union's backs , eliminating Pensions and Company provided Healthcare , our CEO's made 400 times more than our average worker. Who's fault is that ?

That just ain't right or Patriotic

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Re: How Worlds 1% Rips You Off in Stock Market

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@mandm84 wrote:

Times sure have changed.

Big business owners of the past offered Pensions and Healthcare to it's hardworking employees. These days most business owners would rather have their Private Jets , Helicopters , several Vacation Homes and brag about their Fortune 500 fame , instead of helping the very same workers who made them rich.

Not to mention hiding Millions $$$ overseas to avoid paying their Fair Share of Taxes to keep this great Nation running. Yes the very same Great Nation that made them Insanely Rich !!

Yes Times sure have changed - for the worst !!


Grumble and grouse is not a solution - do you have one?

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Re: How Worlds 1% Rips You Off in Stock Market

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Re: How Worlds 1% Rips You Off in Stock Market

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Times sure have changed.

Big business owners of the past offered Pensions and Healthcare to it's hardworking employees. These days most business owners would rather have their Private Jets , Helicopters , several Vacation Homes and brag about their Fortune 500 fame , instead of helping the very same workers who made them rich.

Not to mention hiding Millions $$$ overseas to avoid paying their Fair Share of Taxes to keep this great Nation running. Yes the very same Great Nation that made them Insanely Rich !!

Yes Times sure have changed - for the worst !!

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Re: How Worlds 1% Rips You Off in Stock Market

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@KidBoy2 wrote:

Mick posted..

Nope you still don't appear to me that you understand the Topic



1. This is the National Retirement Strategy being SOLD to every American Worker as THE credible replacement for the Guaranteed Retirement Program of Social Security



Not as a Voluntary Supplement to the Social Security Guaranteed Retirement Program for American Workers but the Only Viable Alternative where who has the fastest Computer & is closest to the information has a irrefutable advantage



The proof of my suggestion & claims are in the Facts - in the Statistics



MORE & MORE WEALTH IS BEING CONCENTRATED IN FEWER & FEWER HANDS - YEAR IN AND YEAR OUT FOR DECADES



AND



THIS IS ALL HAPPENING DURING A PERIOD WHERE THE MOST AMERICANS EVER ARE IN THE WORK FORCE - THE BEST AMERICAN ECONOMIC ENGINE EVER IS SETTING NEW RECORDS ANNUALLY



AND



THIS GRAND AMERICAN RETIREMENT PONZI SCHEME IS ALSO SETTING NEW ANNUAL RECORDS



All Happening at the same time as these Record Number of Americans in the Work Force are losing ground in actual wages - buying power - take home earnings for a typical 40 hour work week & overall shares of Total American Wealth is being consolidated in fewer & fewer hands



THIS SYSTEM - ITS NOT WORKING -



With Social Security a good argument good be made that the US Government - the people we hired to protect our guaranteed retirement were lying to us & we as Americans should have known better



I as a American know this Stock Market Ponzi Scheme is another even bigger lie but most Americans have No Way of Knowing because No One is tasked with protecting their interests


===========================================================

"I as a American know this Stock Market Ponzi Scheme is another even bigger lie but most Americans have No Way of Knowing because No One is tasked with protecting their interests"

Saying that shows that you have no idea of how the stock market work.

Your posts sound you would LOVE to live in a communist country.

I believe in our system and FYI we will ALWAYS have a top 1%.

 

OUR SYSTEM IS WORKING!


And the last five communist countries in the world are:
People's Republic of China.
Democratic People's Republic of Korea (North Korea)
Socialist Republic of Vietnam.
Lao People's Democratic Republic (Laos)
Republic of Cuba.



You appear to be another one of the Sheep being led to the Ponzi Market Slaughter

 

There are - Simple - Questions to your Non Answers

 

1. Why are the Majority of the People ( A Relatively Small Handful of people) who Manage the Money of Millions of American Workers - always 100+ times richer than the American Workers who contribute the Billions of $$ for them to Manage

 

I'm not referring to the Major Shareholders or Boards of Companies like Merrill Lynch - I'm talking about the person I talk to on the phone if I want to move some of my money around - why are they so much Richer than I am - if it's a level playing field and they really are adhering to their Fiduciary Responsibilty - we should all have the same worth or at least not see the vast disparities

 

I don't need a Lecture on wonderful world of self-investing - A Majority of American Workers turn their money over to Money Mangers - it's a Fact

 

2. Another simple but superb example of Why this System is Rigged against the Majority of American Workers can be illustrated by the recent Trump/GOP Tax Bill

 

Where - the US Government drastically reduced the incentive for Millions & Millions of Middle Class American Workers to purchase their own home

 

Virtually eliminating the opportuntity to treat Home Ownership as a Investment with deductions for every Individual but left in place these same Tax Advantages for Businesses

 

In fact the Global Financial Conglomerates have already - thats already taken advantage of the fact that because of the Recent Trump/GOP Tax Bill - it typically more financially advantageous for a Middle Class American Worker to Rent rather then own

 

And like I said Financial Institutions have started a Brand New Cottage Industry because of it

 

Financial Institutions are now displacing small businesses and entrepreneurs and becoming Mega Landlords

 

Once again dilluting the opportunities for the Average Middle Class American Worker to Compete

 

 

 

2.

 

 

( " China if You're Listening - Get Trumps Tax Returns " )

" )
" - Anonymous

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