SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Politics : American Presidential Politics and foreign affairs

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: LLCF who wrote (71470)4/17/2015 2:57:17 PM
From: pcstel  Read Replies (1) of 71588
 
<Well it's a bit silly to compare the "1%" to "good decision makers" aka the stock market.>

Doesn't have anything to do with the stock market. High Income earners typically have a track record of responsible decision making. Good decision making generally results in favorable results. Conversely, "Bad Decision Making" generally results in unfavorable results.

Those that bitch about the 1%'ers and income inequality generally have a track record of poor decision making.

The system is not "stacked against them", but more so. They continually make poor decisions which only spawn more "Poor decisions which fails to provide them their desired outcome.

It is not being pompous.. It is being factual

<Yea, you line of thinking is very familiar... your average person should understand currency and market fluctuations like you and I.>

No the average person should make "good decisions" if they wish to produce favorable outcomes. The average person should learn from previous poor decision making. The only way you do this is through "self responsibility". The ability to take responsibility for your poor decision making. Attempting to blame your poor outcome on others, versus you own poor decision making processes only aggravates the problem.

Liberals hate concepts like "self-responsibility" and prefer to blame those poor decision making skills on the Evil Conservatives.

And so it goes,
PCSTEL
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext