The Revolution Will Not Be Televised (U.S Protests)

[jackstraw94086]

This is retarded. What's he going to do, breed the bills together? Our entire economy relies on other individuals operating the financial industry.

It's times like these that some folks with a mind to control their own money start moving it when they feel the economy or the institutions they invested in start failing. Eventually banks start competing again.

Investing is supposed to be a gamble.
Who the fuck every guaranteed everyone that your retirement fund must always increase at a predictable rate?

[JebusLives]

It should be easy to get a job for a young graduate in a robust economy. Why not?

Playa paraphrased as "Get a degree and float the rest of your life," which is not the same thing at all and not what anyone's advocating. Hard work through life should pay off.

There are so many straw people in here i'm getting confused.

[J~$$$$]

I'm not really sure what you're trying to say here, but I'm mostly tied up in stock options for the next 2 years. Options that are worth substantially less than they were 6 months ago. I assume from your smugness that you're in gold. It won't last forever.

You are whining that the stock options that your company gave you are not doing so well?

[JebusLives]

Who the fuck every guaranteed everyone that your retirement fund must always increase at a predictable rate?

Now you're defending a 20% market drop (when we still haven't recovered from the last one) as tough shit for lazy entitled investors? Jesus, listen to yourself. Is there anything horrible you don't agree with?

[J~$$$$]

lazy investors

BINGO.

[PlayaDelWes]

I'm not really sure what you're trying to say here, but I'm mostly tied up in stock options for the next 2 years. Options that are worth substantially less than they were 6 months ago. I assume from your smugness that you're in gold. It won't last forever.

So wait, you are calling stock options (in your own company I presume?) your retirement?

[chairmenmeow47]

it makes way more sense for me to invest in my company 401k, which matches my contribution to a certain percentage, because i have no problem trusting someone whose job it is to watch the markets day in and day out with my money. i don't have time or the understanding to pay that much attention. i've lost some money in the recent turmoil, but i know i'm in it for the long haul and am not too worried about it. i'm still on track because i started setting aside a lot at a young age and play a moderately conservative hand.

also, i really don't get why people expect to get well paying jobs fresh outta college with zero experience. there is so much to learn that can't just be learned in 4 years and then you are done. we as a society should shift from the "traditional" model of sending MOST people away to school (granted, certain jobs require that intense training, but not your average business person) and instead making continuing education an ongoing part of our jobs. that shorthand my mom learned over forty years ago isn't exactly relevant today.

the last thing i wanted to say about all this middle-class talk is that we have a much higher standard of living to maintain. the middle-class of yesteryear didn't have tv's in every room, stainless steel dishwashers, 3 cars, smart phones, data plans, preventative medicine, organic local food, etc. we are an entitled generation because we expect all of these things. i have a middle-class wage, no children, no car payment, no student loan payments and i still struggle. i'm not fighting for either side with this statement, i just think we have a lot more expensive expectations than prior generations did.

[PlayaDelWes]

Now you're defending a 20% market drop (when we still haven't recovered from the last one) as tough shit for lazy entitled investors? Jesus, listen to yourself. Is there anything horrible you don't agree with?

So when the market was at its peak, you weren't selling some of your riskiest equities you owned or keeping some cash on the sidelines just in case there was a correction? The last four years have provided plenty of buying opportunites.

Oh, and you are blaming this on others?

[JebusLives]

My mutual funds have done better than the market but are still down. I failed to see the peak when we reaching it around March. If you did, congrats!

Look, you three are trying to identify individual failings for everything. Are you even open to the possibility that maybe our culture in general is having some technical issues right now? That its not all individual failings of character? That maybe some good, hardworking people lost their jobs or money along the way? That maybe we can do something to correct it, as a group?

[jackstraw94086]

It should be easy to get a job for a young graduate in a robust economy. Why not?

Playa paraphrased as "Get a degree and float the rest of your life," which is not the same thing at all and not what anyone's advocating. Hard work through life should pay off.

There are so many straw people in here i'm getting confused.

A degree might have automatically gotten your foot in the door years ago.
Guess what, it doesn't now. Get over it. We're no longer a society comprised of relatively few educated people. We're all smarter, the jobs are requiring more skills. Such is life. Sucks for you.

If you were born a T-Rex 65 million years ago, and watched the toxic clouds approach following the meteor strike, I'll bet you'd be complaining about how simply surviving adolescence used to your ticket to an easy life.

There is no "pay off" for hard work in life. Life requires effort at every damn stage. Your parents or others you know might have been able to retire and travel the world but they got fucking lucky. You might choose to believe that there are 5 jew bankers who are putting you under their thumb in order to keep you and the 99% down, but what you guys can't fucking accept that is that life is better for everyone, including the bankers, when the economy does well.

[J~$$$$]

Look, you three are trying to identify individual failings for everything. Are you even open to the possibility that maybe our culture in general is having some technical issues right now? That its not all individual failings of character? That maybe some good, hardworking people lost their jobs or money along the way? That maybe we can do something to correct it, as a group?

Back to the original argument.

Camping out on wall street will not accomplish this group goal. I hope the kids and unions accomplish some life goals, but money and greed (wall street) does not give a fuck about anyone or anything and nothing will ever change that.

[obzen]

If you were born a T-Rex 65 million years ago, and watched the toxic clouds approach following the meteor strike, I'll bet you'd be complaining about how simply surviving adolescence used to your ticket to an easy life.

You motherfucker.

[PotVsKtl]

Everyone put down your straws and back away from the concept of communication.

[JebusLives]

A degree might have automatically gotten your foot in the door years ago.
Guess what, it doesn't now. Get over it. We're no longer a society comprised of relatively few educated people. We're all smarter, the jobs are requiring more skills. Such is life. Sucks for you.

If you were born a T-Rex 65 million years ago, and watched the toxic clouds approach following the meteor strike, I'll bet you'd be complaining about how simply surviving adolescence used to your ticket to an easy life.

I suppose, if you consider the slow decline of the middle class as inevitable as a meteor strike.

[ramblinon]

Now you're defending a 20% market drop (when we still haven't recovered from the last one) as tough shit for lazy entitled investors? Jesus, listen to yourself. Is there anything horrible you don't agree with?

401Ks have multiple options, including (by law) a money market (read: super safe) option and a bond (read: somewhat safe) option. If you don't know what your options are, you were lazy. All the information is there, if you decide to have half a day, read, and actually put some time towards your retirement, instead of tossing it in there and hoping for the best.

The current market drop wasn't hard to figure out, or even predict to some degree. Greece has been a mess for awhile, Europe is a clusterfuck of contagion risk, and we're not a ton better here. All the information can be found on Google. But no one cares enough to try to figure it out. I'd be surprised if 50% of 22 year olds could tell you what the capital of Greece even is.

If you get a 50% match, that's basically a 50% return right there, even if you just kept in money market funds. 50% essentially risk free return...better than 90% of hedge funds out there. And yet you bitch and moan???

We are so amazingly intellectually lazy. The information is there for you to get. But we're too busy watching mind-numbing reality shows, getting ridiculously baked, and jerking off. You know what? You deserve to lose your money...there are billions out there hungrier and working harder who don't have 1/10th of the entitlement complex. Get off your ass and determine your own destiny.

Boo fucking hoo is right!!

[jackstraw94086]

I suppose, if you consider the slow decline of the middle class as inevitable as a meteor strike.

the meteor bit was a bit.

but yeah everyone should be middle class and have their hard wiring modified to not want anything more than anyone else has.

And let's camp on wall st to make that happen.

[chairmenmeow47]

We are so amazingly intellectually lazy. The information is there for you to get. But we're too busy watching mind-numbing reality shows, getting ridiculously baked, and jerking off.

WE ARE THE 99% WHO JERK OFF!

[jackstraw94086]

That's a 99% I can believe in.

[guedita]

Jackstraw: hates urban camping.

[phonographer]

[PlayaDelWes]

99% Demand #15: Wants to be able to invest blindly and retire comfortably. Money managers should be offering their services free of change if said investor wishes not to monitor their own investments. If investor is unable to secure desired retirement contribution, other party, preferably corporation or tax payers shall contribute.

[jackstraw94086]

99% Demand #15: Wants to be able to invest blindly and retire comfortably. Money managers should be offering their services free of change if said investor wishes not to monitor their own investments. If investor is unable to secure desired retirement contribution, other party, preferably corporation or tax payers shall contribute.

you forgot to include gov subsidies to keep updated to within no more than one previous version of iPhone.

[PotVsKtl]

You do realize some asshole in the Sudan is currently making snarky jokes on their treemail board about protestors feeling entitled to their limbs and hymens, right?

[jackstraw94086]

A reasonable balance of a tangible action mixed in with his rhetoric. Not bad.

[JebusLives]

401Ks have multiple options, including (by law) a money market (read: super safe) option and a bond (read: somewhat safe) option. If you don't know what your options are, you were lazy. All the information is there, if you decide to have half a day, read, and actually put some time towards your retirement, instead of tossing it in there and hoping for the best.

The current market drop wasn't hard to figure out, or even predict to some degree. Greece has been a mess for awhile, Europe is a clusterfuck of contagion risk, and we're not a ton better here. All the information can be found on Google. But no one cares enough to try to figure it out. I'd be surprised if 50% of 22 year olds could tell you what the capital of Greece even is.

If you get a 50% match, that's basically a 50% return right there, even if you just kept in money market funds. 50% essentially risk free return...better than 90% of hedge funds out there. And yet you bitch and moan???

We are so amazingly intellectually lazy. The information is there for you to get. But we're too busy watching mind-numbing reality shows, getting ridiculously baked, and jerking off. You know what? You deserve to lose your money...there are billions out there hungrier and working harder who don't have 1/10th of the entitlement complex. Get off your ass and determine your own destiny.

Boo fucking hoo is right!!

So in the face of hard numbers (a 22% market drop) that show most everyone got fucked (again) in another collapse, your argument is that most everyone deserved it, and therefore there's no problem here? I'll reiterate. Could anything horrible happen that you won't defend?

[jackstraw94086]

You do realize some asshole in the Sudan is currently making snarky jokes on their treemail board about protestors feeling entitled to their limbs and hymens, right?

Taking a broader perspective and appreciating what we do have is one of my main themes in this thread. These 99%'ers are actually 1%'ers.

And limbs and hymens are natural human rights.
Education and $100K/yr are not.

[J~$$$$]

Im confused by the last part. Transportation and infrastructure? Government jobs right?

Why not a push for local economies, small business and community banks instead of waging fingers at international banks and CEOs?

[jackstraw94086]

Im confused by the last part. Transportation and infrastructure? Government jobs right?

Why not a push for local economies, small business and community banks instead of waging fingers at international banks and CEOs?

transportation and infrastructure are good things for use to be worried about and spend money on. We haven't had a huge push to improve infrastructure since the Federal Highway Act and shit's falling apart quick right now.

Of course that doesn't do shit for the fancy graduates worried about keeping their texting fingers warm on Wall St.

[PotVsKtl]

waging fingers at international banks and CEOs?

I mean after all, we wouldn't want to engage in class warfare.

[J~$$$$]

transportation and infrastructure are good things for use to be worried about and spend money on. We haven't had a huge push to improve infrastructure since the Federal Highway Act and shit's falling apart quick right now.

Of course that doesn't do shit for the fancy graduates worried about keeping their texting fingers warm on Wall St.

Its not going to create that many jobs though. Technology has far surpassed needing 3000 white guys to boss around 300 manual laborers. The machinery these days has replaced 70% of the work force.

We need focus on to creating the machines to sell to factories in China that will replace the Chinese laborers.