« previous next »
Pages: [1]   Go Down

Author Topic: nadinbrzezinski makes a point...  (Read 2674 times)

0 Members and 1 Guest are viewing this topic.

Online CC27

  • Hero Member
  • *****
  • Posts: 6149
  • Reputation: +1746/-29
nadinbrzezinski makes a point...
« on: December 23, 2011, 06:17:48 PM »
Quote
Star Member nadinbrzezinski (100,084 posts) Profile Journal Send DU Mail Ignore

View profile
 
Interesting point that was made the other day on To the Point
They were talking about the uber wealthy and how they have made their wealth.

It used to be that our uber wealthy were a pretty conservative (in investment terms) bunch. They did the slow but steady investing shtick at times in things like bonds. Not any more, starting with 1984 they started doing the IPOs and margin calls and the rest of it. Yup, they might make a bundle on ONE trade, and lose their shirts the next. This leads to a boom bust mentality.

Get's worst... they used to be a pretty conservative bunch in spending patters too... but these days many of them are living well beyond their means (not that anybody will call them up on it) while trying to stay up with the Gates.

I thought it was an interesting observation... as this is also the period where they have pressured our government to increasingly deregulate and create this casino like atmosphere.

Yes, values matter, even at that level of the wealth distribution ladder.

Oh and no, I do not feel particularly bad when Mr. Uber wealthy loses his shirt... but when he does... there go a whole slew of jobs for real... I am not sure if being a member of a household staff is something I'd like to do, but that is a job for somebody.

Does that mean they create ENOUGH of these service industry jobs to make a whole difference at the macro level? No, not really.

But when people talk about Wally World employees living beyond their means, that is code. A nasty set of code going back a long time. How about these guys living beyond their means? Most do... One concrete example, mister Donald Trump himself... care to ask how many times he's declared bankruptcy? Talk about living beyond means and trying to keep up with the Gates. According to the program, he is far from alone.

What the hell is she talking about?

http://www.democraticunderground.com/100265056

Logged

Offline Chris_

  • Little Lebowski Urban Achiever
  • Hero Member
  • *****
  • Posts: 46845
  • Reputation: +2028/-266
Re: nadinbrzezinski makes a point...
« Reply #1 on: December 23, 2011, 06:22:03 PM »
I guess we can add 'stock broker' to her resume now.
Logged
If you want to worship an orange pile of garbage with a reckless disregard for everything, get on down to Arbys & try our loaded curly fries.

Offline BlueStateSaint

  • Here I come to save the day, because I'm a
  • Hero Member
  • *****
  • Posts: 32553
  • Reputation: +1560/-191
  • RIP FDNY Lt. Rich Nappi d. 4/16/12
Re: nadinbrzezinski makes a point...
« Reply #2 on: December 23, 2011, 06:23:47 PM »
Quote from: chris_ on December 23, 2011, 06:22:03 PM
I guess we can add 'stock broker' to her resume now.

Or, 'stock breaker.'
Logged
"Timid men prefer the calm of despotism to the tempestuous sea of Liberty." - Thomas Jefferson

"All you have to do is look straight and see the road, and when you see it, don't sit looking at it - walk!" -Ayn Rand
 
"Those that trust God with their safety must yet use proper means for their safety, otherwise they tempt Him, and do not trust Him.  God will provide, but so must we also." - Matthew Henry, Commentary on 2 Chronicles 32, from Matthew Henry's Commentary on the Whole Bible

"These anti-gun fools are more dangerous to liberty than street criminals or foreign spies."--Theodore Haas, Dachau Survivor

Chase her.
Chase her even when she's yours.
That's the only way you'll be assured to never lose her.

Offline JohnnyReb

  • In Memoriam
  • Hero Member
  • *****
  • Posts: 32063
  • Reputation: +1998/-134
Re: nadinbrzezinski makes a point...
« Reply #3 on: December 23, 2011, 06:43:53 PM »
...and Kingfish tells Andy, "I is duh broker and you is duh brokee."
Logged
“The American people will never knowingly adopt socialism. But, under the name of ‘liberalism’, they will adopt every fragment of the socialist program, until one day America will be a socialist nation, without knowing how it happened.” - Norman Thomas, U.S. Socialist Party presidential candidate 1940, 1944 and 1948

"America is like a healthy body and its resistance is threefold: its patriotism, its morality, and its spiritual life. If we can undermine these three areas, America will collapse from within."  Stalin

Offline Boudicca

  • Hero Member
  • *****
  • Posts: 5162
  • Reputation: +413/-61
Re: nadinbrzezinski makes a point...
« Reply #4 on: December 23, 2011, 06:50:21 PM »
Quote from: BlueStateSaint on December 23, 2011, 06:23:47 PM
Or, 'stock breaker.'

Don't forget ball breaker.
Don't believe me, just ask the store clerk who had to explain to her that they'd run out of milk for some strange reason.
Logged
Sneaking into a country doesn't make you an immigrant any
more than breaking into someone's house makes you part of the family.
(Poster bolky from thehill.com blog discussion)

Offline JohnnyReb

  • In Memoriam
  • Hero Member
  • *****
  • Posts: 32063
  • Reputation: +1998/-134
Re: nadinbrzezinski makes a point...
« Reply #5 on: December 23, 2011, 07:05:07 PM »
Quote from: Boudicca on December 23, 2011, 06:50:21 PM
Don't forget ball breaker.
Don't believe me, just ask the store clerk who had to explain to her that they'd run out of milk for some strange reason.

Wouldn't you love to tell Nadin, "You want fresh milk? The cow is tied out back".
Logged
“The American people will never knowingly adopt socialism. But, under the name of ‘liberalism’, they will adopt every fragment of the socialist program, until one day America will be a socialist nation, without knowing how it happened.” - Norman Thomas, U.S. Socialist Party presidential candidate 1940, 1944 and 1948

"America is like a healthy body and its resistance is threefold: its patriotism, its morality, and its spiritual life. If we can undermine these three areas, America will collapse from within."  Stalin

Online Carl

  • Global Moderator
  • Hero Member
  • *****
  • Posts: 19839
  • Reputation: +1618/-100
Re: nadinbrzezinski makes a point...
« Reply #6 on: December 23, 2011, 07:10:57 PM »
I don`t think she knows what a margin call is.
It is not a desirable or profitable event.
Logged

Offline Boudicca

  • Hero Member
  • *****
  • Posts: 5162
  • Reputation: +413/-61
Re: nadinbrzezinski makes a point...
« Reply #7 on: December 23, 2011, 07:23:44 PM »
Quote from: JohnnyReb on December 23, 2011, 07:05:07 PM
Wouldn't you love to tell Nadin, "You want fresh milk? The cow is tied out back".

Knowing the expert nadin, she'd be grabbing the bull by umm, okay, let's just say she probably knows less about where milk actually comes from than her pet rock does.
Logged
Sneaking into a country doesn't make you an immigrant any
more than breaking into someone's house makes you part of the family.
(Poster bolky from thehill.com blog discussion)

Offline GOBUCKS

  • Hero Member
  • *****
  • Posts: 24186
  • Reputation: +1812/-339
  • All in all, not bad, not bad at all
Re: nadinbrzezinski makes a point...
« Reply #8 on: December 23, 2011, 07:24:13 PM »
She doesn't know the difference between buying on margin and a margin call. She didn't ready the google closely enough.
Logged

Online Carl

  • Global Moderator
  • Hero Member
  • *****
  • Posts: 19839
  • Reputation: +1618/-100
Re: nadinbrzezinski makes a point...
« Reply #9 on: December 23, 2011, 07:31:20 PM »
Quote from: GOBUCKS on December 23, 2011, 07:24:13 PM
She doesn't know the difference between buying on margin and a margin call. She didn't ready the google closely enough.

Exactly,it is a term she has heard so threw it out but has no grasp of what it means.
I have a margin account but only so I can if I choose play the options game,never have bought stock on margin.
Logged

Offline jukin

  • Hero Member
  • *****
  • Posts: 16234
  • Reputation: +2117/-170
Re: nadinbrzezinski makes a point...
« Reply #10 on: December 23, 2011, 07:52:30 PM »
You would think that with all that knowledge Nada would be very wealthy.
Logged
When you are the beneficiary of someone’s kindness and generosity, it produces a sense of gratitude and community.

When you are the beneficiary of a policy that steals from someone and gives it to you in return for your vote, it produces a sense of entitlement and dependency.

Offline GOBUCKS

  • Hero Member
  • *****
  • Posts: 24186
  • Reputation: +1812/-339
  • All in all, not bad, not bad at all
Re: nadinbrzezinski makes a point...
« Reply #11 on: December 23, 2011, 08:29:25 PM »
Quote from: jukin on December 23, 2011, 07:52:30 PM
You would think that with all that knowledge Nada would be very wealthy.
She's one of those people whose wealth is in direct proportion to their knowledge.

She bought a whore a hotdog at Target, exhausting her month's entertainment budget.
Logged

Offline 67 Rover

  • Hero Member
  • *****
  • Posts: 6479
  • Reputation: +1719/-41
Re: nadinbrzezinski makes a point...
« Reply #12 on: December 23, 2011, 08:37:39 PM »
Wow, that was painful to read it was like watching that reporter have a stroke on camera in real time.
« Last Edit: December 23, 2011, 08:55:35 PM by 67 Rover »
Logged
NRA Benefactor member
G.O.A. Life member
G.O.A.L. Life member
Certified Law Enforcement Sig Armorer

Offline Evil_Conservative

  • Hero Member
  • *****
  • Posts: 7845
  • Reputation: +554/-194
  • Oh snap!
Re: nadinbrzezinski makes a point...
« Reply #13 on: December 23, 2011, 08:45:56 PM »
Quote from: chris_ on December 23, 2011, 06:22:03 PM
I guess we can add 'stock broker' to her resume now.

Financial Adviser too.
Logged
You may call me Jessica or Jess.

Offline delilahmused

  • Hero Member
  • *****
  • Posts: 7384
  • Reputation: +1367/-80
  • Devil Mom
Re: nadinbrzezinski makes a point...
« Reply #14 on: December 23, 2011, 09:26:09 PM »
The fact that plenty of them think she's some kind of genius pretty much tells you all you need to know about DU...2 or 3.

Cindie
Logged
"If God built me a ladder to heaven, I would climb it and elbow drop the world."
Mick Foley

"I am a very good shot. I have hunted for every kind of animal. But I would never kill an animal during mating season."
Hedy Lamarr

"I'm just like any modern woman trying to have it all. Loving husband, a family. It's just, I wish I had more time to seek out the dark forces and join their hellish crusade."
Morticia Addams

Offline formerlurker

  • Hero Member
  • *****
  • Posts: 9692
  • Reputation: +802/-833
Re: nadinbrzezinski makes a point...
« Reply #15 on: December 24, 2011, 05:20:37 AM »
Quote
But when people talk about Wally World employees living beyond their means, that is code. A nasty set of code going back a long time. How about these guys living beyond their means? Most do... One concrete example, mister Donald Trump himself... care to ask how many times he's declared bankruptcy? Talk about living beyond means and trying to keep up with the Gates. According to the program, he is far from alone.

Donald Trump has never filed for personal bankruptcy.   Do you understand the difference Nads? 
Logged

Offline franksolich

  • Scourge of the Primitives
  • Global Moderator
  • Hero Member
  • *****
  • Posts: 58722
  • Reputation: +3102/-173
Re: nadinbrzezinski makes a point...
« Reply #16 on: December 24, 2011, 04:05:32 PM »
Quote from: formerlurker on December 24, 2011, 05:20:37 AM
Donald Trump has never filed for personal bankruptcy.   Do you understand the difference Nads? 

No, she doesn't understand.

It's too far above her meta level.
Logged
apres moi, le deluge

Milo Yiannopoulos "It has been obvious since 2016 that Trump carries an anointing of some kind. My American friends, are you so blind to reason, and deaf to Heaven? Can he do all this, and cannot get a crown? This man is your King. Coronate him, and watch every devil shriek, and every demon howl."
Pages: [1]   Go Up
« previous next »