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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?


To: Skeeter Bug who wrote (160224)10/26/2008 2:17:16 PM
From: ahhahaRead Replies (1) | Respond to of 306849
 
i know people who have worked and produced all their lives and will still rely very heavily on social security.

You know people who are just like you who consumed all their lives and never saved a penny leaving them dependent on those who begged them to think about their future. Their attitude was they couldn't care less. They were too busy working on the revolution which would bring the society where everything was free.

god forbid the the rulers of said companies actually pay their production people a wage that can fund nice retirements!

I agree.

they don't, so they don't have them.

They were free to choose. They could have chosen to work for themselves. Why didn't they?

talk about bubble land...

When the bubble is gone people will still choose to be slaves.

btw, there is already too much money at the top

Better to spread it around where it can be spent more wisely?

- too much money does stupid, stupid, stupid things like buy mortgage backed obligations,

Who buys them? People looking to get rich quick in eternally inflating RE. That's what drove the demand. Can you deny it?

hand over fist, at the peak of the biggest credit and housing bubble in the history of the planet!

What drove it? The desire to get something for nothing. All those smart people. You must be one. No?

dumb, dumb, dumb!

True, true, true!

that money needs to be put to better much better uses...

Like spread around to you so you can buy another property.

especially when those idiots take down the whole financial system due to their greed and phd level stupidity.

Is the financial system taken down? I say it isn't, but you're too stupid to put what I say into your advantage, and that's why you must remain poor, no matter how much you think socialism will spread to you. In fact, what you think you will get from it, will actually be silently stolen away from you. The reality is that you can't get something for nothing. It's a law of the physical world that you can't escape.