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The Rich are doing well in this recession 1, 2  Next  
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Robdemanc
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PostPosted: Sun Apr 29, 2012 1:06 pm    Post subject: The Rich are doing well in this recession Reply with quote

News report from BBC

BBC

It seems the recession does not hurt the wealthiest at all, in fact it seems to benefit them. So I don't think David Cameron can say we are all in this together any more.
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Joker
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PostPosted: Sun Apr 29, 2012 1:58 pm    Post subject: Re: The Rich are doing well in this recession Reply with quote

Robdemanc wrote:
News report from BBC

BBC

It seems the recession does not hurt the wealthiest at all, in fact it seems to benefit them. So I don't think David Cameron can say we are all in this together any more.


Of course that is true because the rich and the lower and middel class are not taxed the same in America so the recession means the rich will make more money and have to spend less.
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friendly_ass
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PostPosted: Sun Apr 29, 2012 1:59 pm    Post subject: Reply with quote

The UK has become a den of sin. How can it be there is so much wealth in this country yet there are so many teenage pregnancies, young people being knifed to death, fear and ruthlessness on the streets, strip clubs in every town centre, betting shops popping up everywhere (they aren't in a recession!).

I've made a video about my thoughts about it.



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TM
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PostPosted: Sun Apr 29, 2012 2:00 pm    Post subject: Reply with quote

What do you expect when the majority of "rescue" efforts by governments have been done in such a way that it by nature benefits those who are heavily invested in capital markets.
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Joker
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PostPosted: Sun Apr 29, 2012 2:02 pm    Post subject: Reply with quote

TM wrote:
What do you expect when the majority of "rescue" efforts by governments have been done in such a way that it by nature benefits those who are heavily invested in capital markets.


That is very true how ever the wealthy will denie such things.
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snapcap
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PostPosted: Sun Apr 29, 2012 2:29 pm    Post subject: Reply with quote

When is the last time anyone has read a report saying "Lower and middle class benefit while upper class fall"?
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friendly_ass
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PostPosted: Sun Apr 29, 2012 2:32 pm    Post subject: Reply with quote

snapcap wrote:
When is the last time anyone has read a report saying "Lower and middle class benefit while upper class fall"?


The 1950s. Laughing
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Joker
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PostPosted: Sun Apr 29, 2012 2:41 pm    Post subject: Reply with quote

friendly_ass wrote:
snapcap wrote:
When is the last time anyone has read a report saying "Lower and middle class benefit while upper class fall"?


The 1950s. Laughing


And the 1990s.
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peebo
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PostPosted: Sun Apr 29, 2012 2:58 pm    Post subject: Reply with quote

Joker wrote:
friendly_ass wrote:
snapcap wrote:
When is the last time anyone has read a report saying "Lower and middle class benefit while upper class fall"?


The 1950s. Laughing


And the 1990s.


i don't think so.
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Adam Smith
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peebo
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PostPosted: Sun Apr 29, 2012 2:59 pm    Post subject: Reply with quote

friendly_ass wrote:
The UK has become a den of sin. How can it be there is so much wealth in this country yet there are so many teenage pregnancies, young people being knifed to death, fear and ruthlessness on the streets, strip clubs in every town centre, betting shops popping up everywhere (they aren't in a recession!).

I've made a video about my thoughts about it.





i found your video interesting, thank you.
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“Civil government, so far as it is instituted for the security of property, is in reality instituted for the defense of the rich against the poor, or of those who have some property against those who have none at all.”

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Joker
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PostPosted: Sun Apr 29, 2012 3:04 pm    Post subject: Reply with quote

peebo wrote:
Joker wrote:
friendly_ass wrote:
snapcap wrote:
When is the last time anyone has read a report saying "Lower and middle class benefit while upper class fall"?


The 1950s. Laughing


And the 1990s.


i don't think so.


My family beniftited just fine from the rich in the 1990s.
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snapcap
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PostPosted: Sun Apr 29, 2012 3:06 pm    Post subject: Reply with quote

Joker wrote:
peebo wrote:
Joker wrote:
friendly_ass wrote:
snapcap wrote:
When is the last time anyone has read a report saying "Lower and middle class benefit while upper class fall"?


The 1950s. Laughing


And the 1990s.


i don't think so.


My family beniftited just fine from the rich in the 1990s.


I must have missed that report.
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Joker
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PostPosted: Sun Apr 29, 2012 3:10 pm    Post subject: Reply with quote

snapcap wrote:
Joker wrote:
peebo wrote:
Joker wrote:
friendly_ass wrote:
snapcap wrote:
When is the last time anyone has read a report saying "Lower and middle class benefit while upper class fall"?


The 1950s. Laughing


And the 1990s.


i don't think so.


My family beniftited just fine from the rich in the 1990s.


I must have missed that report.


It was not in a report but my mom was making good money at the time so was me father and granparents the economy was good jobs where good too now well......NOT SO MUCH Evil or Very Mad
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peebo
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PostPosted: Sun Apr 29, 2012 3:19 pm    Post subject: Reply with quote

Joker wrote:
peebo wrote:
Joker wrote:
friendly_ass wrote:
snapcap wrote:
When is the last time anyone has read a report saying "Lower and middle class benefit while upper class fall"?


The 1950s. Laughing


And the 1990s.


i don't think so.


My family beniftited just fine from the rich in the 1990s.


not sure exactly what you're trying to say.
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“Civil government, so far as it is instituted for the security of property, is in reality instituted for the defense of the rich against the poor, or of those who have some property against those who have none at all.”

Adam Smith
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MONKEY
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PostPosted: Sun Apr 29, 2012 3:31 pm    Post subject: Reply with quote

You know why that is? It's because they're rich, simples.
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