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Thread: Harry Reid: Only 36,000 Lost Their Jobs Today

  1. #11
    Quote Originally Posted by bogart View Post

    The American is a slave to their own overconsumption. The average European pays much more taxes but has a lot more money saved.
    I've been thinking about that a lot lately. I think that if you and everyone were to add all the money spent on interest, late payments and such, everyone would be so much better off. It's the credit driven system that does it. In the US it goes to the banks. Then the government takes high interest loans from the Fed and there the whole nation's budget goes.

    ask yourself how much money you have spent on interest and late payments on things you really didn't need at all, yet you got them on credit.

    life in most parts of the US is designed for it. u need a car, u need this, u think u need that etc.
    I am also a writer for Serpholic Media. You can find some of my articles here: Serpholic Media Blog

  2. #12
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    Quote Originally Posted by firetown View Post
    I've been thinking about that a lot lately. I think that if you and everyone were to add all the money spent on interest, late payments and such, everyone would be so much better off. It's the credit driven system that does it. In the US it goes to the banks. Then the government takes high interest loans from the Fed and there the whole nation's budget goes..
    The same Americans that voted for President Ronald Reagan voted for both Jimmy Carter as well as for socialism in 2008. People want the government to give them everything. When the bill comes due they switch from being a democrat to a republican.

    Harry Reids approval rating is now at 8% and Nancy Pelosi is at 11%. How do they get re-elected

    Quote Originally Posted by firetown View Post
    ask yourself how much money you have spent on interest and late payments on things you really didn't need at all, yet you got them on credit.
    I think that the credit is a symptom of overconsumption. Americans are starting to save more money as the recession continue. When I go to the roach coach to buy coffee, I pay in cash. No need to pay interest on a cup of coffee.

    Quote Originally Posted by firetown View Post
    life in most parts of the US is designed for it. u need a car, u need this, u think u need that etc.
    It comes down to the government spending trillions of dollars for roads, sewers, schools etc for suburbs and on exburbs. That's one of the reasons that the States are going broke. Not to mention that the US consumes 25 million barrels of oil a day. Germany consumes about 2.6 million barrels a day and Japan 5.3 million barrels a day which combined is 1/3 of the US consumption.

  3. #13
    Quote Originally Posted by bogart View Post
    The same Americans that voted for President Ronald Reagan voted for both Jimmy Carter as well as for socialism in 2008. People want the government to give them everything. When the bill comes due they switch from being a democrat to a republican.

    Harry Reids approval rating is now at 8% and Nancy Pelosi is at 11%. How do they get re-elected



    I think that the credit is a symptom of overconsumption. Americans are starting to save more money as the recession continue. When I go to the roach coach to buy coffee, I pay in cash. No need to pay interest on a cup of coffee.



    It comes down to the government spending trillions of dollars for roads, sewers, schools etc for suburbs and on exburbs. That's one of the reasons that the States are going broke. Not to mention that the US consumes 25 million barrels of oil a day. Germany consumes about 2.6 million barrels a day and Japan 5.3 million barrels a day which combined is 1/3 of the US consumption.
    The system has been designed to go this way. It's not the fault of Americans. I have lived in Germany. You do not need a car there, you have first world public transportation as anywhere in Europe (almost). And Japan from what I've heard is the same way.
    I am also a writer for Serpholic Media. You can find some of my articles here: Serpholic Media Blog

  4. #14
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    Quote Originally Posted by firetown View Post
    The system has been designed to go this way. It's not the fault of Americans. I have lived in Germany. You do not need a car there, you have first world public transportation as anywhere in Europe (almost). And Japan from what I've heard is the same way.
    I lived in Berlin, the Ruhr and Munich. In all this places you don't need a car. The S-Bahn trains which run like a subway/train run out like spokes on a wheel. So it's possible to take them out to around 30/40 km and get back to the central without too much problem. But even with this, people still need cars especially in the rural areas and outside the big cities.

    I big difference is the Office parks in the US where they basically plow over farms and put up a office building. There's no way to get there unless you drive. So you end up with 5,000 SUVs where before the subway was enough. These building also use a lot of HVAC which just adds to the consumption.

    The tax credits design it this way. The next thing people are buying McMansions a few miles down the road. It's all good until the overconsumption causes the system not to be able to pay for it. What are you doing to do? People want to consume and want all the free things that big government gives them. They vote democratic until they find out that they need to pay for these things. Then they are teabaggers. In many cases, the same people that voted for Reagan also voted for Obama.

  5. #15
    I remember when I worked in Paris. You can avoid car needs, no gas allowance, you can be sales rep in metro, bus or RER, it reduce costs of any company. Same thing when you go to work. Compared to here in US, people in many states don't have the infrastructure to allow people saving money. It is pretty sad that states leave the burden to the people by lacking infrastructures.

    Look in Nevada, right now employers smashed the wages but here is what you have to pay after taxes: Car + taxes, Car loan + interests, Gas + taxes , Insurance, Repairs + taxes

    Deduct all the miles you have to use for going to work, or for your work, then how frequenctly you have to change your car.

    Just on transportation 1/3 of your income disappear and cost going up.

    That's why in Europe they are able to save more money than here in US.
    Those who can make you believe absurdities can make you commit atrocities.

    Voltaire


  6. #16
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    The public unions are promising to spend $100 million on the 2010 mid-term elections to support the Dems.

    The Teachers Union is seeking a $23 billion bailout to save 300,000 teaching jobs. Where is the money going to come from?

    Quote Originally Posted by Natural Elements View Post
    Compared to here in US, people in many states don't have the infrastructure to allow people saving money. It is pretty sad that states leave the burden to the people by lacking infrastructures.

    Look in Nevada, right now employers smashed the wages but here is what you have to pay after taxes: Car + taxes, Car loan + interests, Gas + taxes , Insurance, Repairs + taxes

    Deduct all the miles you have to use for going to work, or for your work, then how frequenctly you have to change your car.

    Just on transportation 1/3 of your income disappear and cost going up.
    Las Vegas is a special case. There were less than 1,500 people living there 100 years ago. So there's very little infrastructure. What makes it attractive is that there's plenty of cheap land in the desert. But after the development it gets expensive for the government to build out schools, roads, sewers, water and you name it.

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