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OneWhoKnows
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Quote:
Originally Posted by SemperFly View Post
I think the numbers are right, the problem is calling it a "return on investment". The amount in "economic activity" does not mean that said amount of money was returned to the original funding pool.

edit: and doesn't number link to unemployment insurance, not the food stamp program?

IIRC the numbers were based on a hypoteticaly $5bn increase.
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Old 05-08-2012, 01:46 PM OneWhoKnows is offline  
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SemperFly
 
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I think we're talking about two different studies then

http://www.dol.gov/opa/media/press/e...20101615fs.htm

edit: fyuck yeah, new av
Old 05-08-2012, 02:02 PM SemperFly is offline  
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#137  

OneWhoKnows
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Quote:
Originally Posted by SemperFly View Post
I think we're talking about two different studies then

http://www.dol.gov/opa/media/press/e...20101615fs.htm

edit: fyuck yeah, new av

Yeah, that's referring to UI. What I was referencing was food stamps, since I think that's what people were talking about.
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Old 05-08-2012, 02:17 PM OneWhoKnows is offline  
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#138  

SemperFly
 
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indeed, I think that's where the mixup is. the UI stuff is verifiable, the food stamp idea follows the same basic principle but I doubt it's as high as claimed

either way, such benefits are a small leak on the budget compared to the giant wastes in other areas
Old 05-08-2012, 02:23 PM SemperFly is offline  
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#139  

Jack's raging erection
 
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Double dip recession -> QE 3,4,??? -> OH SHIT OH SHIT OH SHIT -> fuck da dolla -> eat ants to survive.

Ok, maybe not that radical. I am seeing potential for another "recession" though. When are they going to call it what it is and say depression?
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Old 05-14-2012, 04:28 PM Jack's raging erection is offline  
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#140  

Colicious
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Quote:
Originally Posted by SemperFly View Post
because this happens all the time, right? I'm sure you'll tell the same exact story that comes from every single person who thinks welfare moms all drive escalades. same story every single time, leading me to believe that every single person who has ever claimed on a forum they saw that shit in a store is lying through their fucking teeth. no doubt it happens, just like there's no doubt that those of us in the military know full fucking well thousands in government property gets stolen or wasted every single day but it doesn't mean that any significant number of us are pulling it off.

there are some people who don't need them. some people who managed to abuse the system and actually have enough money to buy things that even the average middle class person can't afford. but that is not a significant number, it's not a huge drain on the system nor is it justification to eliminate the benefits for those that actually need it.

it does happen all the time. go live in by the ghetto, witness it yourself. i could tell you hundreds of similar, first hand stories

the majority of the people around here are not making an effort to get off the system.
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Old 05-14-2012, 04:34 PM Colicious is offline  
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#141  

Killer_B
 
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Just as demonstrated with the revelations that came out over the weekend,

The Dimon put is the same as a Greenspan put.

Someone appeared to have been banking on the economy tanking....as early as 05-06.

Truth of the matter is,none of this shit ever really stopped; How else was JP Morgan able to claim status as most profitable above everyone else...However, I'd imagine all the banks are still doing it too.
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Old 05-14-2012, 07:39 PM Killer_B is offline  
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#142  

OneWhoKnows
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All of my well-to-do and enterprise clients are spending more money and have bigger budgets.

Many of my SMB clients are still cutting back.

I guess that's my first-hand experience with the wealth gap.
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Old 05-14-2012, 08:23 PM OneWhoKnows is offline  
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#143  

TheMorlock
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It's as fucked as a ten year old at Michael Jacksons
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Old 05-14-2012, 11:28 PM TheMorlock is offline  
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#144  

SemperFly
 
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are you going to admit that you were wrong and had no fucking clue what you were talking about?
Old 05-14-2012, 11:48 PM SemperFly is offline  
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#145  

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I dont know about you guys but im about ready to ask for the check.
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Old 05-15-2012, 06:59 AM Lurker is offline  
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#146  

Jack's raging erection
 
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Dow seems to be on track for 11k in Nov-Dec. People aren't buying more shit it seems. I'm still thinking it's recession time soon.
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Old 05-15-2012, 10:47 PM Jack's raging erection is offline  
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#147  

topcat989
 
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Quote:
Originally Posted by Baloneyflaps View Post
and yes, whether you will admit it or not, I know you are glad the califucktards are not going to your area.

please keep in mind at least some of those moving out of the Socialist Republik of Kalifornistan are decent folks trying to get the fuck away from the Kalitards and illegals.
Old 05-15-2012, 11:56 PM topcat989 is offline  
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#148  

edplayer
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I dont know about you guys but im about ready to ask for the check.


and where are you going?
Old 05-16-2012, 11:05 AM edplayer is offline  
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#149  

Mamma Jamma
 
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Goldman Sachs has about three quarters of the world GDP in derivatives bets.

A 0.2% loss will completely ruin that company.

Nah, it'll be fine.
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Old 05-16-2012, 11:21 AM Mamma Jamma is offline  
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