Unless you're working on a Saturday at a job that makes you like 500k a year (are you an athlete?), then guess what? You're in the 99%.

Nobody on tww is in the 1%, unless we've got some trust funders here that haven't bragged about being such (and I know you would have if you were).

10/13/2011 2:53:06 PM

I have better things to do than attend a liberal circle jerk.

10/13/2011 2:59:28 PM

Hoops is this you?
http://www.youtube.com/watch?v=wrPGoPFRUdc

10/13/2011 2:59:59 PM

So are you trolling for shits and giggles or are you just willfully ignoring what the point of the whole thing is?

I guess you're cool with throwing money at banks and letting them do whatever they want, or being able to just buy legislation.

I'm sure you'll say yes since you're the new, unfunny troll here (not even as entertainingly stupid as aaronburro!), but you know what's up.

Or, this must be you:

yaaaaay i am gonna be rich!

10/13/2011 3:16:08 PM

THe only solution to too much corporate influence in government is less government.

10/13/2011 3:30:55 PM

Quote :

"Everyone's working on a Saturday morning? You guys should find some better jobs."

lol I was thinking the same thing.

10/13/2011 3:33:16 PM

Quote :

"Nobody on tww is in the 1%"

WRONG

CliffyB

http://www.celebritynetworth.com/richest-businessmen/cliff-bleszinski-net-worth/

10/13/2011 3:39:25 PM

Quote :

"Everyone's working on a Saturday morning? You guys should find some better jobs"

i'm a hipster rich mac faggot who only takes 50k-100k jerbs mon-friday.

successful ppl never work outside of those hours derp

[Edited on October 13, 2011 at 3:48 PM. Reason : 3]

10/13/2011 3:48:13 PM

wat

10/13/2011 3:49:06 PM

If I attend Occupy Raleigh will George Soros cut me a check?

10/13/2011 3:56:52 PM

Yeah dude you'd be an idiot to take a $100k job M-F when you could make <$50k working 7 days a week, you got me there

10/13/2011 3:58:12 PM

^^hell no. he's just another corrupt billionaire controlling these programmed freaks

if they take his head. i might think about joining them

[Edited on October 13, 2011 at 4:01 PM. Reason : .]

10/13/2011 3:58:16 PM

I'm all for hard work especially if you have an occupation that you love but this notion from the right that you should slavishly devote yourself to the pursuit of money and power is a bit troubling. Mostly in that they look down on anyone without those same ideals as lazy, a hippy, a free-loader or a welfare queen. Most bizarre.

10/13/2011 4:00:05 PM

Quote :

"Yeah dude you'd be an idiot to take a $100k job M-F when you could make <$50k working 7 days a week, you got me there"

hey guess what. if i have a client that wants to release a product on monday morning i work my ass off that saturday and sunday so i can make my money you faggot. but you already knew that and were just trolling. so we're cool bro

but you keep your mentality that you have to work for a 'boss' and can't be your own. you'll always want a huge govt! yay!!! more bosses! more people to pay and take care of us and babysit us! yay! and george soros and special interests can pay for us to protest when we are mad!

10/13/2011 4:00:45 PM

Oh sorry I thought you were implying that you weren't a hipster rich mac faggot, whatever that is

10/13/2011 4:05:22 PM

Quote :

"but this notion from the right that you should slavishly devote yourself to the pursuit of money and power is a bit troubling."

omg, you have to actually WORK for money and power? who would have thought.

10/13/2011 4:06:08 PM

Quote :

"this notion from the right that you should slavishly devote yourself to the pursuit of money and power is a bit troubling"

the notion from the left that you should casually receive money and power out of thin air is a bit troubling.

The universe. You weren't fit to survive in it.
The inventions and discoveries of hard workers and their ancestors to sustain your shitty genetics is the reason for all of this. You shouldn't have ever had the chance to survive and demonstrate in the first place. Hard workers and thinkers should have never put in the work and technology to sustain your un-evolved piece of shit set of DNA. You are lucky to even be alive if those are the gates of logic governing your existence.

10/13/2011 4:13:44 PM

in before you play the racist/sexist/culturalist card

10/13/2011 4:15:39 PM

^ Says the guy calling other people faggots.

10/13/2011 4:19:26 PM

I think HockeyRoman is talking about people who take a $100k, 80 hr/wk job looking down on someone who would take a $75k, 50 hr/wk job in order to spend more time with their family because they value quality of life over total salary. That they're not willing to work as much so they're deadbeats, I believe is the mindset he's referring to.

I do wonder how successful and hardworking one can be when he spends the majority of every workday trolling TWW though.

10/13/2011 4:21:57 PM

^^^ Not surprisingly your anger-addled mind has misunderstood my intent. Only the vain feel entitled to wealth and power. To avoid further confusion I'll rephrase my comment so that even you knuckledraggers on the right can understand. This may be a foreign concept to you and your ilk so this may take some time for you to process. I take umbrage at the paradigm that one's existence should be isolated to the accumulation of wealth and power and that anyone or anything that deviates from that is somehow inferior. If material acquisition is your true purpose then, in my estimation, you've missed the point of what it means to live and strive for a fulfilling existence.

^ Wins at reading comprehension.

[Edited on October 13, 2011 at 4:26 PM. Reason : .]

10/13/2011 4:24:35 PM

^ think what you want. I can provide for myself and many generations of my kin to come if damn well want to. and you can't stop me until you want to get violent and revoke the 2nd amendment.

everything else until that point is just foreplay.

10/13/2011 4:28:22 PM

You seem rather paranoid. I know it's troubling for you to have someone challenge your myopic world view. And as it were, I least of all would be someone to attempt to restrict gun ownership. Us on the left need a way to defend ourselves if those on the right attempt to institute their dogmatic socially regressive martial law.

10/13/2011 4:39:41 PM

Breaking News: This has moved to 1420 S Wilmington St

10/13/2011 4:48:27 PM

It's not left vs right.

It's hard worker vs leeches

But nice try

10/13/2011 4:50:17 PM

pack_bryan: king of the false dilemma.






and he doesn't even know it.

or what it means.

[Edited on October 13, 2011 at 4:53 PM. Reason : IBT "you're just a liberal faggot" ]

10/13/2011 4:53:14 PM

10/13/2011 5:07:01 PM

10/13/2011 5:12:53 PM

lol bobby. lol indeed.

10/13/2011 5:20:09 PM

I just finished writing the first single for my new country album, it's called "If You Don't Agree With Me (I'm Gonna Call You a Faggot)"

10/13/2011 6:03:11 PM

10/13/2011 6:03:21 PM

10/13/2011 7:37:45 PM

"if you make more than $350,000 a year you are the 1%"
"the problems is because the 1% use their money for stature and to influence our laws"

pffft.

yeh reverend al moron, every single nfl, mlb, nba, nhl, nascar, and professional sports player in the united states gives a shit about politics

snot even 0.1% of those 1% even give a shit about it.

it all goes back to george soros. and he's playing you all like a fiddle. it's fun to watch.

[Edited on October 13, 2011 at 9:10 PM. Reason : .]

10/13/2011 9:09:47 PM

LOL, caught me slippin', Reagan. Caught me slippin'



Wealth Gap:



Salaries:



Savings rates:



Social Mobility:



Tax Rates:



Top 1% video, worthy of an embed
http://youtu.be/XdVODFombco


A good watch if you've got the time. 4 part series:
http://english.aljazeera.net/programmes/meltdown/


LOL, "Trickle Down." Good one, job creators. Good one.

10/13/2011 9:32:36 PM

lol jimmy carter had us in the same position 30 years ago.

reagan basically saved it AND won a cold war.

OH and if you can posts random graphs and correlate it to reaganomics failing, i can post some graphs too. LOL READY?



OH NO . same place as we were when jimmy carter was in office. DURR.
OH wait, reagan helped oops. I didn't mean to post that sorry.



OH NO . prices and income ratios are basically the same. ruh roh we are all going to die
oops. is that bad?


OH NO. THE WHOLE WORLD IS GOING THROUGH HELL. but only the USA is fucked up!! not the others!
oh wait. oops. we are doing the best


OOPS. Again. everybody basically going through their own good times and rough times. but herp derp. we won't survive any rough times here b/c our govt is 100% broken. herp.



OH NO. retards got too many credit cards and home loans they couldn't afford and we are paying off the debt.....

i guess times get rough when you have too much debt



I like posting random graphs too

[Edited on October 14, 2011 at 12:09 AM. Reason : .]

10/14/2011 12:08:06 AM

^ you realize reagan achieved that through expanding welfare, deficit spending, and granting amnesty to illegal immigrants?

VIVA LA REAGAN!!!

10/14/2011 12:22:24 AM

I'm planning on attending this weekend in Raleigh and I'll give you my reasons why:

-we need better campaing finance and other government sunshine laws -- who can't agree with that? People deserve to know how public officials gained their finance money.

-All forms of fraud, especially of the mortgage variety, need to be dredged up and prosecuted ASAP and to the fullest extent. If more auditors need to be hired to cover the work load THEN DO IT. The law applies to everyone!

-We need to reduce High-Frequency Trading's role in Wall Street. I'm not an expert by any means but you rarely even see a dialog about what this is doing to the markets (I currently prefer a small transaction tax that would decrease the incentive for low yield trades)

-We need to strongly consider the Volcker and Basel rules for banks. I think they are being considered right now, but I haven't read much debate on them. I'm not overly optimistic on how much of an effect they will have (and I'm still open to other's views at this point), but the fact is we need to make sure that "too big to fail" never happens again!



so if you are out there this saturday look for the normal dude with a "PROSECUTE FRAUD, END HIGH-FREQUENCY TRADING" sign and say whats up.

10/14/2011 12:30:18 AM

Reagan also raised taxes a bunch of times

10/14/2011 12:31:33 AM

I don't know who this Reagan guy is but he sounds pretty rad

10/14/2011 12:32:27 AM

He didn't dismantle the Environmental Protection Agency nor unilaterally overturn Roe v. Wade so he must have been some kind of raging commie by modern Tea Bagger standards...

10/14/2011 12:34:48 AM

dude I work in the industry. I deal with securities regulation as part of my job AND I've dealt with high frequency trading in the past... it doesn't work the way you think it does

The small-time investment reps are the ones you should be worried about on a day-to-day basis, not so much for securities fraud but for general incompetence and salesman techniques

also, your 401k and pension are doing everything you are against. Nothing is untouched by the things people are getting upset about. We're all evil speculators without even knowing it.

[Edited on October 14, 2011 at 12:36 AM. Reason : .]

10/14/2011 12:35:18 AM

Quote :

"The billionaire industrialist brothers David and Charles Koch plan to steer more than $200 million — potentially much more — to conservative groups ahead of Election Day, POLITICO has learned. That puts their libertarian-leaning network in the same league as the most active of the groups in the more establishment-oriented network conceived last year by veteran GOP operatives Rove and Ed Gillespie, which plans to raise $240 million. Read more: http://www.politico.com/news/stories/1011/65504.html#ixzz1aj9bsKC2"

almost half a billion dollars to be spent by just 2 groups of our society's elite to defeat the democrats in 2012. That's not including Dick Armey's Freedomworks, Heritage foundation, Fox News et. al.

Welcome to the the 21st century feudalism. Suck the aristocrats' dick, serfs!

10/14/2011 12:35:32 AM

^ how is that any different from every other election? People throw money behind whoever they want to support their causes. Politics as usual.

10/14/2011 12:37:40 AM

^Citizens united decision makes it different.

http://www.colbertnation.com/the-colbert-report-videos/398531/september-29-2011/colbert-super-pac---trevor-potter---stephen-s-shell-corporation

10/14/2011 12:43:34 AM

Quote :

"dude I work in the industry"

I assumed you were talking to me? tell me more . . . . I accept that some HFT may be productive in some cases, but are they in all cases?

Quote :

"your 401k and pension are doing everything you are against"

I realize this, but when something like 60% - 70% of all the volume on wall street are HFT what do you expect.



like I said before I can accept that some of these trades are valuable for our society, but for the vast majority I just don't see it. It barely constitutes an investment in my eyes, its gambling but with advantages given to whomever has the fastest internet connection.

10/14/2011 12:47:26 AM

Quote :

"All forms of fraud, especially of the mortgage variety, need to be dredged up and prosecuted ASAP and to the fullest extent. If more auditors need to be hired to cover the work load THEN DO IT. The law applies to everyone!"

I work in the mortgage insurance industry....not exactly the best insurance to be in right now haha. I could tell you stories that I've seen/heard about on so many different types of mortgage fraud that it would literally make you pull your hair out, and not just rogue loan officers Im talking entire mortgage shops that might as well have been ran by Tony Soprano

10/14/2011 12:50:12 AM

^have you heard of anyone getting busted?

10/14/2011 12:57:28 AM

10/14/2011 1:01:19 AM

Quote :

"I accept that some HFT may be productive in some cases, but are they in all cases? "

It's a broader category than you think--basically any trade that takes place during a day where you get in and get out. You can't paint it all with a broad brush. You are thinking that some evil Wall Street genius is buying and selling stuff a gazillion times a day with the click of a mouse in his corner office. This does exist, and I don't actually work on Wall Street so I don't have firsthand knowledge of that scene. However I have worked for a former endowment manager for a division 1 school ($1 billion endowment), a former Fidelity VP (dealt with 401k stuff), and a chartered market technician with experience in day trading.

There are a lot of "normal" traders who dabble in it. They have clients who want some percentage of their money exposed to a higher risk strategy. So these guys get in there on their software and it's like a video game to them. There are all sorts of strategies to try; you have to be chart nerd and you have to be willing to take some risks. You should see some of strategies people use in technical analysis and its risky cousins, day trading/high frequency trading. Not everybody is making crazy market-moving volume. They might be dabbling in it.

The key here is that you can really get eaten up by commissions and other fees. It's EASY to lose your ass on it because of that, or just spend a whole day and make no money. The real guys making money are the brokerage houses and asset custodians because they get a cut. That's why I said it's a high-stakes game to the guys who are actually doing the trading; to the guys who are putting the money on the line, it is just another form of diversification to a lot of them.


Most people don't understand thus stuff at all. I don't certainly don't know everything, but I have seen it from the inside to an extent. People (clients and potential clients) will believe anything. It's like going to the dentist or the mechanic. One of my previous firms was the victim of a ponzi scheme hedge fund that committed federal securities fraud, and we did a lot of due diligence.

10/14/2011 1:06:54 AM

the other aspect are exchange traded funds. Whoever the manager is of these funds may be authorized to move big volume.

Just about everybody is getting into ETF's now, because they typically have lower fees (if they are index funds) and they allow easy diversification and asset allocation strategies. ETF's can be traded like a stock unlike mutual funds. But these fund managers do what is called "style drift" where basically they invest in stuff that is gray area, possibly outside of what their fund is supposed to invest in. This is in an effort to chase returns because the expense ratios are high and other sorts of stuff.

And the "little guy" from Edward Jones or whatever, who knows as much about investing as a car salesman knows engineering, is ultimately pushing this stuff at the retail level. They are the ones you shouldn't be trusting.

[Edited on October 14, 2011 at 1:16 AM. Reason : .]

10/14/2011 1:13:43 AM