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I'm to the point that I hope the whole damn thing blows up!

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maxrandb Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Jul-24-11 06:12 PM
Original message
I'm to the point that I hope the whole damn thing blows up!
Screw it. I hope I wake up tomorrow and the Markets and the Dollar are tanking and sinking like a stone in the ocean.

I hope the billionaires and millionaires are losing $100,000 a minute. I hope all the selfish pricks who have stacked the deck to ensure they are the only ones to see their share of wealth and wages rise over the past 30 years have their "effing" bubble pop just like the rest of us "pogues".

I hope they are looking for private security to protect their assets as fed-up people start enforcing the kind of "shared sacrifice" our politicians are too scared to address.

These "Ayn Randian" ass-whipes need to realize that there are worse things that can happen to them than paying 2-3% more in taxes on their already obscene share of the wealth of this country.

Let the whole damn thing burn.
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titaniumsalute Donating Member (558 posts) Send PM | Profile | Ignore Sun Jul-24-11 06:13 PM
Response to Original message
1. The problem is while the rich lose some
we lose more. The middle class 401 ks will be hit hardest, the job loss will be staggering. That is why we can't let the whole thing burn.
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Tansy_Gold Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Jul-24-11 06:17 PM
Response to Reply #1
6. At what point does that philosophy become unsustainable?
The rich get more and more and more of everything the middle working class earns. The harder the middle working class works, the less they get, and the more goes to the rich. The rich just love your attitude because they know it's what keeps them in gravy.

At some point is has to stop simply because it cannot continue. I understand that you don't want to be on the short end when the bubble bursts, but it has to happen. It has to. If not now, when? When would it be convenient for you?


Tansy Gold, singin' burn, baby, burn
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handmade34 Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Jul-24-11 06:27 PM
Response to Reply #1
14. as my partner maintains...
we are going to lose either way... if we default, the rich suffer some with us
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awoke_in_2003 Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Jul-24-11 08:37 PM
Response to Reply #14
32. they are vastly outnumbered...
they will suffer much worse.
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BR_Parkway Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Jul-25-11 04:36 AM
Response to Reply #14
45. Plus they lose some of this big $$$ stranglehold on DC
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ixion Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Jul-24-11 06:29 PM
Response to Reply #1
15. It's far too late now... the time to stop it was when it started
Edited on Sun Jul-24-11 06:30 PM by ixion
back in the junk-bond S&L scandal days. Prior to that was the last time there was real market value in the stock market. We're facing a stiff market correction of significant magnitude whether we like it or not.
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rucky Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Jul-24-11 07:10 PM
Response to Reply #1
26. We lose more either way. n/t
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maxrandb Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Jul-24-11 09:42 PM
Response to Reply #26
36. I really don't think we can lose any more than we have
over the past 30 years.
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roguevalley Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Jul-24-11 07:12 PM
Response to Reply #1
27. I am so filled with impotence over this that I feel a wierd calm. If
it can't be stopped, what can you do?
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drokhole Donating Member (759 posts) Send PM | Profile | Ignore Sun Jul-24-11 07:31 PM
Response to Reply #27
29. The Tao of roguevalley.
Sounds good to me! :toast:

Let Go & Swim With It
http://www.youtube.com/watch?v=rIOe_zLrpwo
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roguevalley Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Jul-24-11 10:31 PM
Response to Reply #29
38. BWAHAHA! You are a darling.
:toast: back atcha :)
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N7Shepard Donating Member (191 posts) Send PM | Profile | Ignore Sun Jul-24-11 06:14 PM
Response to Original message
2. Sad thing is the rich will just make more money if the markets crash. They follow
the "buy low, sell high" mentality. It's the regular 401(k) people who get creamed.
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Ohio Joe Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Jul-24-11 06:14 PM
Response to Original message
3. Yay! Lets have bloodshed in the streets!
Because we know it will be the rich that suffer from that. :crazy:
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femrap Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Jul-24-11 06:19 PM
Response to Reply #3
8. You have to go
to the nice parts of town for the bloodshed.

Usually it's up in the hills or the east side of town...why the east, you ask? Because when the rich drive to and fro from work, they don't like the sun in their eyes.

So that's where you revolt....the rich part of town.
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awoke_in_2003 Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Jul-24-11 08:48 PM
Response to Reply #8
34. ah, but the "bad" side of Cleveland...
is the east side, meaning the "good" is the west side. If you live on the west side, when you drive to work in town, the sun is in your eyes (same on the way home). Down here in our metroplex, east and west is very convoluted (well, except for the fact that Dallas is east of Fort Worth, and Dallas sucks :) )
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femrap Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Jul-25-11 12:54 PM
Response to Reply #34
53. I think of the eastern
suburbs of Cleveland as the 'nice' place...like Pepper Pike. I lived in Lakewood for my senior year of high school...man, that was a tough crowd.

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awoke_in_2003 Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Jul-25-11 04:07 PM
Response to Reply #53
55. When you are a (blank)sider...
the other side is always the bad place :)
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femrap Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Jul-25-11 08:11 PM
Response to Reply #55
58. Cincinnati has
a huge East vs. West battle....ask anyone who lives there about it and they'll give you the whole story. Very strange...I lived on the North side of Cincinnati so I was not involved in that fight.
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CleanGreenFuture Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Jul-24-11 06:21 PM
Response to Reply #3
10. Bullshit! Americans are cowards and will not hit the streets.
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Ohio Joe Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Jul-24-11 06:47 PM
Response to Reply #10
20. Non-sense... and a complete lack of understanding of what drives people to the streets
I'll give you a hint... It is not bravery.
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handmade34 Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Jul-24-11 06:29 PM
Response to Reply #3
16. massive organized boycotts
and conscientious changed behavior will have the same results
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Tansy_Gold Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Jul-24-11 06:43 PM
Response to Reply #16
19. +100
Because I like your name.



TG
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awoke_in_2003 Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Jul-24-11 08:39 PM
Response to Reply #3
33. they have in the past...
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SOS Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Jul-25-11 10:31 AM
Response to Reply #33
49. That was in the days
before air conditioning and television kept people pinned to their couches from June to September.

We'll have the revolution during that perfect interlude between the first cool days of September and the start of
the 2011 prime time lineup.
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dissidentboomer Donating Member (321 posts) Send PM | Profile | Ignore Mon Jul-25-11 10:46 AM
Response to Reply #49
52. Wow. You sound like French nobility in the 1780's or some Russians
in 1915 or 1916. Where do tv and air conditioning go when you can't pay energy and entertainment bills or when you really can't afford more than canned goods? We're headed to that place. I already know middle class families who are there. You appear to be either very sheltered or wealthy or both.
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awoke_in_2003 Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Jul-25-11 04:09 PM
Response to Reply #52
56. looking around me...
I see plenty of people griping, but no willingness for action. Things could change, but they will have to get a lot worse still before the average American has had enough.
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YellowRubberDuckie Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Jul-24-11 06:14 PM
Response to Original message
4. I mourn for our country.
She was a wonderful 235 year experiment. Now she's just another fascist corporate war machine. Hitler and Mussolini are yucking it up in hell.
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AsahinaKimi Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Jul-24-11 06:23 PM
Response to Reply #4
12. I am sure many
Edited on Sun Jul-24-11 06:24 PM by AsahinaKimi
World War II Veterans are not happy, AND the ones that died are probably rolling over in their graves.
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handmade34 Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Jul-24-11 06:30 PM
Response to Reply #12
17. my father being one of them
went to visit last week and he is angry
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Big Blue Marble Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Jul-24-11 06:17 PM
Response to Original message
5. The regular people always suffer the most in
a financial meltdown. Do not hope for the collapse of our system. The consequences are enormous and most likely devastating to us all.
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femrap Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Jul-24-11 06:21 PM
Response to Reply #5
9. I think that's what they want.....
that will make us complete Serfing, USA. It will be an excuse to change the currency system.

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AndyTiedye Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Jul-24-11 06:18 PM
Response to Original message
7. It Doesn't Work That Way. The Scumbags Who Run the Teabaggers are SHORT
The Koch brothers will make a killing on the default.

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Warpy Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Jul-24-11 06:21 PM
Response to Original message
11. I just want Obama to call their bluff
Their corporate masters don't want the meltdown this would cause.

I'm sure of Obama finally took all our stuff off the table and said the only bill he would sign would be a clean one raising the debt ceiling the way it's been raised under every other president, the panicked phone calls to the Republicans would fry the switchboards.

Even Norquist would cave completely instead of partially.
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gateley Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Jul-24-11 06:36 PM
Response to Reply #11
18. I agree. nt
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Ghost Dog Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Jul-24-11 06:50 PM
Response to Reply #11
21. Yes. For now.
Then raise progressive taxes.
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Warpy Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Jul-24-11 07:08 PM
Response to Reply #21
25. His hands are tied until their 2 year extension of Stupid's idiotic tax cuts is up
but yes, the Congress that sits in 2013 is going to need to do something.

Until then, it's not enough to play 3 dimensional chess. You have to play a certain amount of poker, too.
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Ghost Dog Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Jul-24-11 07:55 PM
Response to Reply #25
31. Raise new progressive taxes not covered by the idiotic cuts, then.
On capital gains above a certain level, for example?
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Warpy Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Jul-24-11 09:37 PM
Response to Reply #31
35. One I'd dearly love to see is $0.01 per trade
on the stock market. Yes, it's a tenth of a cent per trade.

Not only would it raise a tremendous amount of revenue, it would take the profit out of HFT, computer generated predatory trading. By doing that, it would re level the playing field just a hair.
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Guilded Lilly Donating Member (960 posts) Send PM | Profile | Ignore Sun Jul-24-11 06:26 PM
Response to Original message
13. It isn't just the uber rich who have mutual funds and money in the stock market.
I cannot take another hit, no matter who causes it.
I don't have the 401K with a big company matching anything.

I pay for private health insurance without any big company or ANY company helping me out, even the one I work for.

And there are hundreds of thousands just like me.

I will be cut to the bone if the *whole damn thing* blows up.
Destroying life savings and carefully planned portfolios is NOT an option.

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Tansy_Gold Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Jul-24-11 06:51 PM
Response to Reply #13
22. You WILL take another hit regardless.
that is their design, their plan.

We don't always get to pick between a good alternative and a bad one. Sometimes we only get bad options and we have to choose the one that's the least bad.

It will crash. It will. Eventually. Sooner or later, maybe sooner, maybe later. Intead of being invested in it, be prepared for the crash.

I have no sympathy for those who want their tiny bit of "security" protected at the expense of so many others who have none.



TG
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uppityperson Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Jul-24-11 06:52 PM
Response to Original message
23. delete
Edited on Sun Jul-24-11 06:52 PM by uppityperson
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Doctor Hurt Donating Member (472 posts) Send PM | Profile | Ignore Sun Jul-24-11 06:53 PM
Response to Original message
24. So what do you want to happen to my 403k?
huh?
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lib2DaBone Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Jul-24-11 07:25 PM
Response to Original message
28. We had a great country.. it was so nice...until Ronnie Raygun and the Repukes...
It's been all down hill since then.

Supply side nonsense, tax cuts for the rich, vigilante Banks, illegal foreclosures... corrupt Congress, NAFTA, offshoring, the WOT, Gestapo TSA and the War on Drugs...

Unless the majority of Americans figure it out.... we are done.
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Kievan Rus Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Jul-24-11 07:32 PM
Response to Original message
30. The poor and middle class would lose far more than the rich ever would in such situation
Just like what happened in 2008.
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maxrandb Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Jul-24-11 09:49 PM
Response to Reply #30
37. I don't think so
bacause this time, I doubt we bail them out.

This country has been fucked since Supply Side economics took hold, and our economic and political philosophy has been run by a college drop-out with a syndocated radio show.

It doesn't get much worse than the job I did in 1979, getting paid less per hour today...32 YEARS LATER!
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lonestarnot Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Jul-24-11 10:45 PM
Response to Original message
39. Looks like the roof is on fire!
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malletgirl02 Donating Member (938 posts) Send PM | Profile | Ignore Sun Jul-24-11 10:49 PM
Response to Original message
40. Gold investments
I wonder if the people who "say just let the whole thing blow up" have any investments in gold.
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electricD Donating Member (93 posts) Send PM | Profile | Ignore Sun Jul-24-11 11:11 PM
Response to Original message
41. if you look at history
you'll see when the only time that the working class and poor ever took to the streets was when they had nothing left to lose.
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DebJ Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Jul-24-11 11:22 PM
Response to Reply #41
44. Yep, it takes starvation. Bread riots is what they've been
called. The masses get down to just eating bread, still no riots. Then, when there isn't enough bread left, THEN they riot, because then they are dead anyway.
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Forkboy Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Jul-24-11 11:19 PM
Response to Original message
42. I'm not, but I'm hearing this sentiment all over the place, online and off.
You're far from alone on this.
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NaturalHigh Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Jul-24-11 11:21 PM
Response to Original message
43. Yeah, and just let working people go under the bus when unemployment and inflation...
go through the roof. You do realize that the bolshevik revolution didn't turn out so well don't you? That's pretty much what you're calling for in your post.
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maxrandb Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Jul-25-11 10:11 AM
Response to Reply #43
48. Out of the ashes of the last Great Depression
came the New Deal.

Would you rather we allow the Repukes to dismantle the New Deal without a wimper? Because that's what they are trying to do. They've been trying to kill the New Deal since they unanimously voted against it 70 years ago!

If the Repukes truly push this economy off of the cliff, they will suffer the consequences at the voting booth. You won't be able to find two Republicans to "rub together in a public men's room", if they bring about financial ruin.

If they break it, they own it. And if they break it...they should have no part in fixing it, and if they do...if they are rewarded politically for what they have done...THEN AMERICA AS WE KNOW IT IS LOST FOREVER.

That's the problem with your dumbass post. Marge and Ray, and the other ass-hat Tea-baggers that elected this bunch of batshit crazy politicians, think that they are going to continue getting their Medicare, Social Security, Student Loans, VA and Government Pensions. The ass-hat Tea-baggers think that the ONLY ONE'S THAT ARE GOING TO SUFFER ARE THEIR FELLOW AMERICANS WHO SUCK AT THE TEAT IN THEIR "CUSHY" $42k A YEAR JOBS.

I'm sorry to say it, but the "working people" who voted for these bastards...DESERVE TO BE THROWN UNDER THE BUS!

Maybe they will understand how "fucked in the head" Limbaugh and Hannity are when the bus tires are crushing their "Medicare provided Scooters" from The Scooter Store....prefereably with them strapped to the seat!
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DCBob Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Jul-25-11 05:04 AM
Response to Original message
46. sorry, your psychotic death wish hasnt happened.
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blkmusclmachine Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Jul-25-11 05:09 AM
Response to Original message
47. They will crash it. Sooner or later. Just don't know if it's now.
n/t
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kestrel91316 Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Jul-25-11 10:36 AM
Response to Original message
50. Since my personal safety net has vanished, my middle class,
prosperous sister and BIL are my safety net. They have money because of hard teamwork and a sensible approach to money from their professional careers in the medical field, plus good fortune. They have earned avery penny of their retirement assets. I don't want them to lose that.
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Bluerthanblue Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Jul-25-11 10:37 AM
Response to Original message
51. and the most vulnerable will be the first to suffer-
and suffer the worst.

:shrug:

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lsewpershad Donating Member (964 posts) Send PM | Profile | Ignore Mon Jul-25-11 02:32 PM
Response to Original message
54. Sounds good to me
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L0oniX Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Jul-25-11 04:12 PM
Response to Original message
57. Crash and burn.
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