I'm just arguing for a point of view ... I don't get this obviously arbitrary and meaningless sloganeering like "If you don't work 80 hours a week you've got no right to complain about not being in the 1%!"
It's interesting that "the 1%" has become a more common term recently.
Well, I will acknowledge that I have more to learn on this topic, but at the moment, to me, there is a difference between how risk in loans is managed (e.g., securitization), and whether or not those loans (such as subprime loans) should have been made in the first place ...
? There are plenty of people who work 80 hours a week and who are not in the 1%, and plenty, plenty of people in the 1% who do not work 80 hours a week, or at all.
This attitude of defending the wealthy against all criticism is amazing.
It's fine to take this rather condescending argumentative approach, but I don't see what your point is other than that you believe securitzation is a sound strategy for managing risk in loans.
And how many times do I have to say that I acknowledge that the blame goes beyond Wall Street to the home buyers and regulatory agencies, but not to an equal degree or for the same reasons. I don't understand this constant desire to defend Wall Street other than to have some sense of connection...
Again, I am saying that the irresponsible home buyer takes a share of the blame for being irresponsible, but that share is not nearly as large nor of the same character as that of the bankers who instituted a system which further enriched a few at the expense of millions.
Frankly, I don't...
I do have a bias, in that I think the "elite" / rich / ruling class are increasingly moving society toward a situation in which there is a small but extremely wealthy upper class, and a beggared underclass, with perhaps a smattering in the middle.
For most of history this has been the case...
No, you are not correctly assessing my perspective. I am saying that the irresponsible home buyer takes a share of the blame, but that share is not nearly as large as the sophisticated bankers who instituted the lending schemes.
And they did so under a system conceived on Wall Street ... look, the bankers / people on Wall Street are much more sophisticated than the average home buyer, and can act from a macro perspective in instituting a lending system ... the people buying the homes are neither as culpable individually...
No. I think you'd be hard pressed to argue that the people buying a few houses influenced the economy to the same degree, or with the same intent, as the puppet masters on Wall Street.
I guess you missed my point. They shouldn't receive an equal share of the blame, they should receive a proportionate share of the blame, and the proportion of the blame that goes to the corrupt folks on Wall Street who set up the system that resulted in the economic cataclysm is much higher.
This is such a ridiculous argument. It's beyond legitimate to criticize and attempt to change, if necessary, the circumstances in which one finds themselves. This is the only way progress has ever been made, and the wealthy most certainly make a point to do this.
Mmhmm, and just because a lot of people influenced those conditions, that doesn't mean they all influenced them to the same degree or in the same ways.
How is demanding that a segment of society pay higher taxes equivalent to "attacking" them?
And as far as I can see, the American people have been under attack by a greedy and rapacious elite for some time now, culminating recently in the financial crisis of 2008.
What good, exactly, are you...
Or so they can feel some sort of connection to them. Like they are on the same "team," so to speak. If they actually were ever around rich people, though, they'd realize that they literally wouldn't even be acknowledged. There have always been peasant cheerleaders for the elite. Plenty on this...
I'm sorry but none of those are it. It's been so long. There may not even be a chair in the video actually, but I think there is.
It's a hot girl who I think is an actress whose name may or may not start with J (but I think it's Jessica) and she's dancing.
She's brunette, about 20-30, it...
Anyone know of that video where this actress is dancing around a chair ... maybe her name is Jessica something? Kind of vague I know but if you've seen it you might know what I'm talking about.
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