#OccupyWallstreet

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rchiu

Diamond Member
Jun 8, 2002
3,846
0
0
He's on my ignore list, but from seeing quotes, 'quantitative trader'. Ya, that's never a sleazy position working for sleazy interests in a sleazy industry extracting wealth.

He'll point fingers and attack people better than him for liberal arts, for not being the parasite of the industry of parasites, but has no idea about the right and wrong of it.

It's always so respectable, whether it's men in suits ordering chemicals to be dropped on Vietnamese farmers, or exploitave financial schemes to rip America apart.

heh, a person like halik worked for his education and good job is a parasite and those sitting on their ass trying to get money from the rich are not.

For such f'ed up logic, being on your ignore list is an honor and praise.
 

Patranus

Diamond Member
Apr 15, 2007
9,280
0
0
If anyone is hate mongering, it's those liberals on this board pushing their 99% vs 1%, mainstreet vs. Wall St. hatred. Rest of us just want to go on with our life, protecting money we make so we can give our kids better education and decent retirement for ourselves. (sure we are not in the 1%, but many fall in the $250k bracket with 2 income and works in the financials industries)

 

Phokus

Lifer
Nov 20, 1999
22,994
779
126
heh, a person like halik worked for his education and good job is a parasite and those sitting on their ass trying to get money from the rich are not.

For such f'ed up logic, being on your ignore list is an honor and praise.

No, the fucked up logic is you thinking everyone can just 'make it' by working hard. Sorry, but again, it's not just the 'history major's getting fucked, by business, engineering, science majors, etc. etc.

When the pie is shrinking, it's not just the lazy asses that are going to get screwed, you dumbass. I've seen so many conservative dipshits who got layed off at my workplace who do a complete 180 when it's their turn to get fucked by the system.
 

Patranus

Diamond Member
Apr 15, 2007
9,280
0
0
No, the fucked up logic is you thinking everyone can just 'make it' by working hard. Sorry, but again, it's not just the 'history major's getting fucked, by business, engineering, science majors, etc. etc.

When the pie is shrinking, it's not just the lazy asses that are going to get screwed, you dumbass. I've seen so many conservative dipshits who got layed off at my workplace who do a complete 180 when it's their turn to get fucked by the system.

The fundamental flaw in your logic is that the pie is fixed size.

Nothing is stopping these people from living in their parents garage, starting the next Facebook, and making millions or billions.

Zuckerburg created his wealth and nothing is stopping anyone else from doing the same.

Sadly we have this entitlement mentality where instead of being a family unit, everyone feels entitled to live on their own. Instead of paying off your loans people feel entitled to buy gadgets and expensive cell phones. Instead of buying food, people pay for the internet.

And then those people go around bitching because they have not money.
Just look at your 99er site.
 

IceBergSLiM

Lifer
Jul 11, 2000
29,932
3
81
The fundamental flaw in your logic is that the pie is fixed size.

Nothing is stopping these people from living in their parents garage, starting the next Facebook, and making millions or billions.

Zuckerburg created his wealth and nothing is stopping anyone else from doing the same.

Sadly we have this entitlement mentality where instead of being a family unit, everyone feels entitled to live on their own. Instead of paying off your loans people feel entitled to buy gadgets and expensive cell phones. Instead of buying food, people pay for the internet.

And then those people go around bitching because they have not money.
Just look at your 99er site.

actually according to lawsuits didn't he lie, cheat and steal his way to success? I realize this is the american way in the great tradition of the robber barons, opium smugglers and bootleggers of yesteryear.
 

rchiu

Diamond Member
Jun 8, 2002
3,846
0
0
No, the fucked up logic is you thinking everyone can just 'make it' by working hard. Sorry, but again, it's not just the 'history major's getting fucked, by business, engineering, science majors, etc. etc.

When the pie is shrinking, it's not just the lazy asses that are going to get screwed, you dumbass. I've seen so many conservative dipshits who got layed off at my workplace who do a complete 180 when it's their turn to get fucked by the system.

Go check labor stats on unemployment by industry you'd see people in financial, professional and technical services have much lower unemployment rate. ~5%-6%. Does people get laid off? Sure this is a world wide recession that affected all. But those of us who made the right career choices, worked for the degrees and training are still doing alright relatively.

The sad thing is, you all hate mongering people have no clue, or don't want to admit how much the financial revolution have helped the world economy. Yeah we have some problems, but everyone who went out and took mortgage they couldn't afford or get credit debt they cannot pay off is as bad as those who offered it. Now you have bunch of morons with no financial background, no knowledge about how things work go on clueless protest, hindering people's job and don't offer and constructive suggestion and simply point fingers on other.

How pathetic.
 

werepossum

Elite Member
Jul 10, 2006
29,873
463
126
heh, a person like halik worked for his education and good job is a parasite and those sitting on their ass trying to get money from the rich are not.

For such f'ed up logic, being on your ignore list is an honor and praise.
+1
This is the same logic that says you wanting to keep what you earn is greed, but Craig wanting to be given what you earn is enlightenment.
 

halik

Lifer
Oct 10, 2000
25,696
1
0
Yes. You have had a tough life. Now u have made it and everyone who didn't must be pathetic and deserve nothing in life.
Strawman much?

You don't "deserve" anything aside from the liberties afforded to you by the constitution. If anything you should strive to make your life better, rather than demanding it. Get education in something that actually adds value and take pride in what you do and you'll make comfortable living.

The kid bitching about making 40K/ear as a programmer probably isn't very good at it, I've got a CS degree and starting salaries are in the upper 50s. Probably should introspect a little and ask yourself why you're getting underpaid at that point...
 

halik

Lifer
Oct 10, 2000
25,696
1
0
No, the fucked up logic is you thinking everyone can just 'make it' by working hard. Sorry, but again, it's not just the 'history major's getting fucked, by business, engineering, science majors, etc. etc.

When the pie is shrinking, it's not just the lazy asses that are going to get screwed, you dumbass. I've seen so many conservative dipshits who got layed off at my workplace who do a complete 180 when it's their turn to get fucked by the system.

Unemployment for people with college degrees hovers around 4% currently and people with hard science degrees aren't struggling. My brother is an ME in southeast michigan and found a job with the same pay within 3 days of getting laid off in 09. My room mate in Grad school was another ME in automotive, laid of from Johnson Controls in 08, found a comparable job in about a month.

I would take a completely different view of 30-40something year old blue collar people protesting, as they have gotten royally fucked in the last 20 something years with free trade/labor arbitrage etc. But a bunch of late teen/early 20s kids being angry about having it soo hard therefore Che G. is just asinine.


But I guess 200 some loons camping out in lower manhattan in a country of 300M isn't bad.
 
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Phokus

Lifer
Nov 20, 1999
22,994
779
126
Go check labor stats on unemployment by industry you'd see people in financial, professional and technical services have much lower unemployment rate. ~5%-6%. Does people get laid off? Sure this is a world wide recession that affected all. But those of us who made the right career choices, worked for the degrees and training are still doing alright relatively.

The sad thing is, you all hate mongering people have no clue, or don't want to admit how much the financial revolution have helped the world economy. Yeah we have some problems, but everyone who went out and took mortgage they couldn't afford or get credit debt they cannot pay off is as bad as those who offered it. Now you have bunch of morons with no financial background, no knowledge about how things work go on clueless protest, hindering people's job and don't offer and constructive suggestion and simply point fingers on other.

How pathetic.

Yeah except you're discounting those recent college graduates with those 'sought after degrees' who are going into unrelated menial jobs. Besides that, unemployment statistics is a fucking joke and total unemployment (and yes, this includes those white collar jobs) is much higher than 9% or whatever the government is reporting.
 

Patranus

Diamond Member
Apr 15, 2007
9,280
0
0
Yeah except you're discounting those recent college graduates with those 'sought after degrees' who are going into unrelated menial jobs. Besides that, unemployment statistics is a fucking joke and total unemployment (and yes, this includes those white collar jobs) is much higher than 9% or whatever the government is reporting.

The term is underemployment.

And since when are people entitled to whatever job they want?
Just because you majored in computer science doesn't make you entitled to a job in that field.

Anyways, we have taught a generate to (mistakenly) think that it is more important to follow your heart than be practical. Now we have an "overeducated" population being "forced" into menial jobs because they didn't think practically.
 

Phokus

Lifer
Nov 20, 1999
22,994
779
126
The term is underemployment.

And since when are people entitled to whatever job they want?
Just because you majored in computer science doesn't make you entitled to a job in that field.

Underemployment has ripple effect. College grads taking menial jobs means even more unskilled workers not having those jobs as well.
 

Patranus

Diamond Member
Apr 15, 2007
9,280
0
0
Underemployment has ripple effect. College grads taking menial jobs means even more unskilled workers not having those jobs as well.

And who's fault it is that these people are unskilled and cannot get a job?

(Hint: Not mine, yours, wall street, or the taxpayer)

People make poor choices and now have to live with the consequences. I am not sure why the concept of personal responsibility is so hard to some to grasp.
 

Phokus

Lifer
Nov 20, 1999
22,994
779
126
And who's fault it is that these people are unskilled and cannot get a job?

(Hint: Not mine, yours, wall street, or the taxpayer)

People make poor choices and now have to live with the consequences. I am not sure why the concept of personal responsibility is so hard to some to grasp.

LOL what? If college graduates who should be taking white collar jobs are taking blue collar/menial jobs and the unskilled are not taking ANY jobs, that's bad for EVERYONE you twit.

Your 'who the fuck cares' attitude is why this country is fucked.
 

halik

Lifer
Oct 10, 2000
25,696
1
0
And who's fault it is that these people are unskilled and cannot get a job?

(Hint: Not mine, yours, wall street, or the taxpayer)

People make poor choices and now have to live with the consequences. I am not sure why the concept of personal responsibility is so hard to some to grasp.

It's a little bit more complicated policy-wise; with globalization/illegal immigration/free trade agreements, the unskilled have been getting the short of of all the above. Gov't operates on equitable basis, so if you make a policy that will invariably fuck someone over, you need instate programs to compensate the said people (jobs retraining etc.). Stats do show that the income gap has widened over the last 20 years, so whatever compensation schemes were set up (TAA and similar) didn't work as designed.
 
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rchiu

Diamond Member
Jun 8, 2002
3,846
0
0
Yeah except you're discounting those recent college graduates with those 'sought after degrees' who are going into unrelated menial jobs. Besides that, unemployment statistics is a fucking joke and total unemployment (and yes, this includes those white collar jobs) is much higher than 9% or whatever the government is reporting.

Not true according to this report:

http://money.cnn.com/2011/02/10/pf/college_graduates_salaries/index.htm

Quote: "Certain engineering majors, however, saw significant jumps, with electrical engineering majors receiving an average salary offer of $61,690 -- up 4.4% from the previous year. Offers for mechanical engineers climbed 3.8% to $60,598."

Not sure which menial jobs offer $60k for fresh grads. You can cite anecdote about a few people's job losses here and there, but that doesn't mean $hit in the overall economic reality.
 

CADsortaGUY

Lifer
Oct 19, 2001
25,162
1
76
www.ShawCAD.com
As i said before, only a very small insignificant group (mostly ron paul supporters) can claim they were consistent in their opposition to government handouts and were actively protesting (even in the GWB days). But you're flat out wrong if you don't think that the tea party became a more national presence because a) Blacky McBlackman Barack HUSSEIN Osama, oops i mean Obama, was elected b) Because he had the AUDACITY to try to help main street (with a pathetically small package, if you are honest about it) and c) The Tea party movement as we know it was hijacked by moneyed corporate interests/fox news and became an astroturfing organization. Even some of the original tea party leaders (from the ron paul days) have complained about being hijacked.

You can ASSume all you want but it's not really the case if you look further than the talking points of the typical lefty sites. Remember pork busters? Remember my post from who knows when (2004? is a guess) about the budget being 2 Trillion? I was no RP supporter either. But hey, paint with a broad brush if you'd like but the fact is there are many like me on the Conservative side of this and BHO didn't do anything except help us showcase the difference in ideologies between you gov't lovers and the rest of us who want it out of the way.
 

seepy83

Platinum Member
Nov 12, 2003
2,132
3
71
And who's fault it is that these people are unskilled and cannot get a job?

(Hint: Not mine, yours, wall street, or the taxpayer)

People make poor choices and now have to live with the consequences. I am not sure why the concept of personal responsibility is so hard to some to grasp.

Some of the fault is that the need for unskilled labor has been sent overseas. Some blame could be placed on business owners for outsourcing jobs to other countries so they can pinch money from their working grunts and kick it back to themselves in the form of oversized salaries and bonuses. Every group of people (be it a culture, country, state, city, town, or neighborhood) will have people who excel and others who do not. There needs to be jobs for people who aren't intellects. Our country needs to be more self-sustaining. It needs to start taking care of itself by purchasing goods and services that are produced in our own factories and offices. And, of course, that means that it needs to start producing more goods and services itself.
 
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Phokus

Lifer
Nov 20, 1999
22,994
779
126
Not true according to this report:

http://money.cnn.com/2011/02/10/pf/college_graduates_salaries/index.htm

Quote: "Certain engineering majors, however, saw significant jumps, with electrical engineering majors receiving an average salary offer of $61,690 -- up 4.4% from the previous year. Offers for mechanical engineers climbed 3.8% to $60,598."

Not sure which menial jobs offer $60k for fresh grads. You can cite anecdote about a few people's job losses here and there, but that doesn't mean $hit in the overall economic reality.

Except a) you ignore that other engineering majors saw declines in salaries (i.e. the civil engineering major in your article losing over 7%) and also business majors also also being paid lower b) I bet that the overall pay is still lower than the pre-recession levels c) I'm in accounting/finance and have seen older/higher paid workers getting replaced with cheaper recent college grads so it's not the whole picture (as well as some work outsourced to India).
 

halik

Lifer
Oct 10, 2000
25,696
1
0
No, actually, hating the player is very appropriate here. There was a study that came out that traders are more reckless and manipulative than psychopaths:

http://www.spiegel.de/international/zeitgeist/0,1518,788462,00.html

I did see that on CNBC last week and I'm inclined to believe Der Spiegel completely made it up (it's a tabloid like the Sun in the UK). I googled high and low to find the actual paper that was supposedly submitted/published in Journal of Economic Psychology with no luck. MBAs don't write peer-reviewed research and depending on what news article you read, it either mentions stock brokers or traders.

http://www.sciencedirect.com/science/journal/01674870
 

Phokus

Lifer
Nov 20, 1999
22,994
779
126
I did see that on CNBC last week and I'm inclined to believe Der Spiegel completely made it up (it's a tabloid like the Sun in the UK). I googled high and low to find the actual paper that was supposedly submitted/published in Journal of Economic Psychology with no luck. MBAs don't write peer-reviewed research and depending on what news article you read, it either mentions stock brokers or traders.

http://www.sciencedirect.com/science/journal/01674870

Lol, no it's not, it's not in the tabloid format, it's more like Germany's version of Time or Newsweek and it's a very well respected publication.
 

halik

Lifer
Oct 10, 2000
25,696
1
0
Lol, no it's not, it's not in the tabloid format, it's more like Germany's version of Time or Newsweek and it's a very well respected publication.

Crap, Der Bild is the tabloid. Still, thought, I haven't been able to find that paper anywhere and the story seems to be inconsistent across the news outlets.
 

JSt0rm

Lifer
Sep 5, 2000
27,399
3,947
126
You all seem to spend more time protesting these protestors then doing the work you say you are being paid to do.
 
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