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Politics : American Presidential Politics and foreign affairs

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To: LLCF who wrote (71474)4/18/2015 12:23:25 PM
From: pcstel  Read Replies (1) of 71588
 
< there are many very successful people in all segments of society concerned about wealth differentials<

Successful people doesn't make them 1%'ers.

Many??? Numbered in the thousands, or ten thousands 1%'ers.

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

"Generally," numbered in the Millions, Tens of Millions, if not Hundreds of Millions.

320MM people in the US makes only 3.2MM 1% ers.

317MM are the 99%'ers.

As I said before....

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

They are typically in the position they are in, because of the poor decisions they made in the past. Attempting to find a "root evil" for their predicament (1%'ers) instead of coming to the realization that, they are, where they are, due to their poor decision making of the past does not solve the problem.

Just like you said earler. on this thread..

<"Most people have no stocks and are bearded into the market with the little they do have because that's what the main stream is doing. Pretending that your average joe is stupid because he just doesn't know or understand the economy like you do is a pompous presumption and line of thinking.">

The main stream as you call them would be the 99%. People making poor investment decisions because everyone else is doing it without educating themselves first on macro economics. That is an ill-advised "Poor Decision" in my Opinion.

When that doesn't work out for you, and you lose your investment due to your poor decision making skills. At least learn from your experience and understand that it was YOUR OWN POOR DECISIONS that provided the less than desirable results.. Instead of seeking a "Scapegoat" of those that made alternate decisions based on "good decision making" to preserve their capital. Then convince themselves that it was "The System", and "The 1%'ers" that are to blame for your poor results.

There is nothing pompous about this, it is FACT.

The only way to decrease poor decision making is to accept personal responsibility for your previous "poor decisions", and analyze the steps that you made arriving at those, so you don't repeat them again.... instead of looking externally for someone else to blame.

<No, it's pompous. Pompous people who flaunt their wealth have a long history of having their heads on stix. <

Yeah! Yeah! Yeah... I know, the pitchforks are coming for us... LOL!! Well, not for me.. No one bitchin' about "income inequality" around here!! Just lots of happy people with smiles on their faces..

So different than the US, where most are unhappy, miserable f|_|(k$
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