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Family Incomes Slipped In 1st Part Of Decade ("Rich getting richer" alert)
The Associated Press ^ | Feb 24, 2006 | MARTIN CRUTSINGER

Posted on 02/24/2006 6:24:09 AM PST by Sam's Army

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To: nopardons
Having regulations on stocks and bonds and options, etc. is NOT what the term "free market" either negates nor fulfills. You would prefer that there were NO rules, then? You want to go back to the days when traders and some large investors "ran" scams, do you?

No ma'am I sure don't. I need me one of you edukated folks to explain it all to me. Maybe you need to put your entire post in extra large blinking red font. That so helps an argument. Jeez lady, put the bottle down. I sat through enough courses while achieving my degree (we have colleges down here too) to understand the pros and cons of regulation. Regulations that have only been in place for 70 years. I do so love 'conservatives' advocating a continuation of FDR's policies

People/societies have used all kinds of things as "money". Just like gold, paper and salt and shells and all kinds of other things, are worth whatever someone says they are. At one time, spices were worth far more than gold; so was salt.

You so smart...What was the value of the gold, salt, spices, etc. based upon? The free market. If the supply of said product flooded the market, the value of that product and its trading value dropped. Who stepped in if the value of the product dropped? No one. What is the dollar based on? What the Fed says its worth. Yeah that's laissez faire if I've ever seen it...

Iran and yes, Venezuela want to manipulate the market, the HATE America and ANYTHING, that they and others see as possibly hurting us, is just hunky dory with them.

Ah, I see. Choosing to base your product's price on anything except the dollar is 'hate'. I wonder if the Brits felt the same way when other nations chose to switch to the dollar instead of the pound. I could search for documentation but I doubt they were juvenile enough to classify such a switch as 'hate'. Or to bomb a nation into oblivion to ensure that nation stayed on the dollar standard

I'm most assuredly NOT a damned Patsie; never was. I'm as much, if not MORE a Conservative as you are.

No, I never called you a patsie. I called those that were anti Wal-Mart and trade unions patsies. You, you're just a harmless partisan. And I've challenged you on this in the past but I would be more than happy to compare conservative values. I can most definitely assure you, every one of my stances can be traced back to the Framers. Yours OTOH are definitions of conservatism that can only be traced to the early 20th century progressive movement. I've read your posts. You are a good Republican, nothing more

221 posted on 02/27/2006 8:51:34 PM PST by billbears (Deo Vindice)
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To: billbears
your pissing up a roap...

nopardons is clueless as to market dynamics, exchange rates and monetary policy...

She is endlessly fascinating to play with...like a cat with a mouse...all of her fantastic wiggles and jerks and she is still a mouse to be eaten...

Seemingly she loves to blow smoke up the bull pole...

222 posted on 02/27/2006 8:56:45 PM PST by antaresequity (PUSH 1 FOR ENGLISH, PUSH 2 TO BE DEPORTED)
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To: billbears
That's right, blame FDR for the rules and regulations set in place, during Ronald Reagan's terms. :-)

Stop drinking the bong water and perhaps you'll stop hallucinating so much.

Actually, the SEC was formed by FDR; however, rules and regulations covering trades etc., began under the BUTTONWOOD TREE; which is where the NYSE began.

Yes, there have been lots of changes, since those early days, in the streets of Manhattan, but then, crooks keep coming up with new schemes and scams.

During the time that America was on the gold standard, there were fewer rules and regulations covering the market and banking, there was a constant cycle of PANICS, DEPRESSIONS ( the one from '29 - the early '40s , was hardly something new ), RECESSIONS, AND BANK FAILURES. I take it that that's what you would like to go back to, from what you've been posting.

Hmmmmmmmmmm...history is certainly not your forte. Governments have decided what the price of gold was to be, if memory serves...which it does. :-)

Have you no recollection of gold at $35 an ounce? Did the "free market" set that price? Ummmmmmmmmm...why no, it didn't.

Oh, so Iran and Venezuela don't HATE America? Trying to manipulate currencies, by them has nothing whatsoever to do with their shared dream of harming us and bringing us to our knees? REALLY?

ROTFLMSO.............you haven't the fainest idea what the FFS stood for, what their "values" were, nor, fir that matter, what mine are. But do keep yourself puffed up and warm, with the thought of just how "special" and "superior" you are, because nobody else thinks so; just you.

223 posted on 02/27/2006 9:37:26 PM PST by nopardons
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To: antaresequity

A Projection Complex is a funny thing, especially when you keep exposing yours. :-)


224 posted on 02/27/2006 9:38:51 PM PST by nopardons
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To: nopardons
What on earth would you do without your 'instant' knowledge(google)...

LOL

225 posted on 02/27/2006 9:39:16 PM PST by antaresequity (PUSH 1 FOR ENGLISH, PUSH 2 TO BE DEPORTED)
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To: nopardons
began under the BUTTONWOOD TREE

Where did you get that?...googling up wikipedia...

LOL...how utterly predictable...

GEEE....you sound like such an expert...

LOL Whats next?....I half-assed biography on Morgan?

226 posted on 02/27/2006 9:44:19 PM PST by antaresequity (PUSH 1 FOR ENGLISH, PUSH 2 TO BE DEPORTED)
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To: antaresequity
I NEVER GOOGLE; I know what I'm talking about and don't have to look it up. And should I have to check something, the LAST place I would look, would be on line. I use books fro reference. :-)
227 posted on 02/27/2006 9:51:17 PM PST by nopardons
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To: Mikey_1962
There has to be three straight Quartly declines, so it started in 2000 but wasn't official until 2001.

Of course. QED, once Bush was in office for all of, oh, 10 minutes, it was ABF!

228 posted on 02/27/2006 9:54:47 PM PST by texasbluebell
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To: antaresequity
Unlike you, I actually do know the history of the NYSE, amongst other things having to do with "the market". Also unlike you, I didn't just come upon all of this six short years ago.

Don't GOOGLE, neither have I ever laid eyes on Wikipedia; however, I do know that Wikipedia isn't worth much, since lots pf people post all kinds of utter bilge there, I guess that's where you get your info from, though.

229 posted on 02/27/2006 9:55:09 PM PST by nopardons
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To: nopardons
the LAST place I would look, would be on line. I use books fro reference. :-)

Uh huh...sure...all day long...the only possible use for the internet would be posting dribble and diatribes...

Sigh

230 posted on 02/27/2006 9:56:04 PM PST by antaresequity (PUSH 1 FOR ENGLISH, PUSH 2 TO BE DEPORTED)
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To: antaresequity
I couldn't care less what you believe or don't; however, anyone who knows me here, knows that I do NOT use the net for any searches for info.

You appear to believe that FR's only use is for you to post your dribble(sic) and diatribes; not to mention self aggrandizing mewlings, falsehoods, lies, fallacious junk, and to play word games on.

231 posted on 02/27/2006 10:11:23 PM PST by nopardons
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To: r9etb; William Terrell

Define "liberal": our founder's were "liberal" in the word's classical sense.


232 posted on 02/28/2006 3:24:48 AM PST by LowCountryJoe (The Far Right and the Far Left both disdain markets. If the Left ever finds God, the GOP is toast.)
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To: LowCountryJoe
Then human beings can't govern themselves. I guess we already knew that. I'd just hate to see a stage of socialism shoved into the normal progression of stable society to collapsed civilization.

233 posted on 02/28/2006 5:55:41 AM PST by William Terrell (Individuals can exist without government but government can't exist without individuals.)
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To: LowCountryJoe
Define liberal. Today it means working toward socialism by knocking out specific customs that have kept societies stable over the millennia. The "liberal" is one who believes that these customs really don't have a function and are jut remants of fear and hatred.

In other times, in seasons of tyranny and confusion, liberal meant the liberalization of liberty.

My take.

234 posted on 02/28/2006 6:07:15 AM PST by William Terrell (Individuals can exist without government but government can't exist without individuals.)
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To: LowCountryJoe
Define "liberal": our founder's were "liberal" in the word's classical sense.

Meant in the word's modern sense .... "more liberal" means "further left." It's good that you prompted the distinction.

235 posted on 02/28/2006 6:15:21 AM PST by r9etb
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To: LowCountryJoe
It was never "your job".

The point was to provide an example of "faceless capitalism." And, whether intentionally or not, your response is an excellent example of it.

236 posted on 02/28/2006 6:37:42 AM PST by r9etb
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To: r9etb; LowCountryJoe
The point was to provide an example of "faceless capitalism." And, whether intentionally or not, your response is an excellent example of it.

Socialism with a face is so much better at providing jobs. That's why German unemployment is 12.2% and French unemployment is 9.6%. It's a good thing that socialism has a face, because otherwise it would be a complete failure.

237 posted on 02/28/2006 6:49:04 AM PST by Toddsterpatriot (Why are protectionists so bad at math?)
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To: Toddsterpatriot
Socialism with a face is so much better at providing jobs.

Context is a good thing, Todd. You should learn about it.

238 posted on 02/28/2006 6:52:19 AM PST by r9etb
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To: A. Pole
You are foaming.

Now why would I be foaming? Because someone came to America to escape Communism and now wants to impose Communism on America? Because you came to America and blame your failures on the rich somehow stealing from you? To protect yourself from those evil rich guys, you want to raise taxes, increase redistribution and eliminate the ability of Americans to leave an inheritance to their children.

Why would arguing with an ungrateful, bigger government loving immigrant make me foam?

239 posted on 02/28/2006 6:58:39 AM PST by Toddsterpatriot (Why are protectionists so bad at math?)
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To: r9etb
Context is a good thing, Todd. You should learn about it.

I'm always willing to learn. So teach me.

240 posted on 02/28/2006 7:00:14 AM PST by Toddsterpatriot (Why are protectionists so bad at math?)
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