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Current Events => The DUmpster => Topic started by: CC27 on May 06, 2010, 08:27:20 AM

Title: Some DUer savvy in financial markets/system/whatever you want call it explain to
Post by: CC27 on May 06, 2010, 08:27:20 AM
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Skidmore Donating Member (1000+ posts)  Journal Click to send private message to this author Click to view this author's profile Click to add this author to your buddy list Click to add this author to your Ignore list    Thu May-06-10 08:46 AM
Original message
Some DUer savvy in financial markets/system/whatever you want call it explain to me why
   
Edited on Thu May-06-10 08:47 AM by Skidmore
I should not be thinking that the whole of this financial story has not been told and that the holes people are seeing int he reform law hide a bunch of stuff we don't know about. I've been listening over the past few days to various stories on reform and reports of what still needs to happen. I'm wondering if the right chink in the wall were removed, what we would be staring at. I get the sense that we can still all go crashing to the ground and very quickly. Another thing that occurs to me as I've listened to the "don't tax the rich" crowd caterwauling is that perhaps the rich don't even have wealth. Is it possible that there has been so much leveraging and ratcheting up of the markets to cover debt that all that remains for them as well is debt? I'm just feeling real uneasy here.

Paragraphs are your friend.  :whatever:

http://www.democraticunderground.com/discuss/duboard.php?az=view_all&address=389x8282778
Title: Re: Some DUer savvy in financial markets/system/whatever you want call it explain to
Post by: Texacon on May 06, 2010, 08:59:00 AM
DUmmy is starting to get warm even though it is missing the forest for the trees.  A lot of them are going to figure out that a lot of wealth is in assets and it is hard to tax a hard asset and turn it liquid.

KC
Title: Re: Some DUer savvy in financial markets/system/whatever you want call it explain to
Post by: Ralph Wiggum on May 06, 2010, 09:03:21 AM
Quote
Skidmore (1000+ posts)
Thu May-06-10 08:46 AM
Original message
Some DUer savvy in financial markets/system/whatever you want call it explain to me why
   
Edited on Thu May-06-10 08:47 AM by Skidmore
I should not be thinking

Fixed.  Shut up and get my Sausage McMuffin.
Title: Re: Some DUer savvy in financial markets/system/whatever you want call it explain to
Post by: AllosaursRus on May 06, 2010, 12:20:24 PM
Quote from: Ralph Wiggum on May 06, 2010, 09:03:21 AM
Fixed.  Shut up and get my Sausage McMuffin.

I agree! This is coming from a DUmmie that the most complex thing they do every day is ask, "Do you want fries with that?".
Title: Re: Some DUer savvy in financial markets/system/whatever you want call it explain to
Post by: NHSparky on May 06, 2010, 12:43:56 PM
Quote from: Ralph Wiggum on May 06, 2010, 09:03:21 AM
Fixed.  Shut up and get my Sausage McMuffin.

Give me back that Filet O' Fish, give me that fish....
Title: Re: Some DUer savvy in financial markets/system/whatever you want call it explain to
Post by: njpines on May 06, 2010, 01:04:53 PM
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Some DUer savvy in financial markets/system/whatever

heh -- no such thing . . .