Bloomberg warns US jobless riots

morgan, don't forget US default

They say no country that's ever been in debt as deep as we are have ever gotten out of it without declaring bankruptcy

The civilized way to do it is just keep printing

the one that cracks me up is just make the rich pay their fair share. Well Warren Buffet and Bill Gates have about 150 billion, will that help? Maybe we can get that guy down in Brazil to throw in 50 billion just as a good will donation.

Whats 14 trillion minus 200 billion? My calculator only goes up to 100m

 

No they can't pay it. And they won't.

 

Some news writers are sort of economic idiots for laughing at Buffett' idea for increasing tax on the ultra rich. Obviously they do not understand magnification effects.

Perhaps final winner in the capitalism war will be the communist or the poor party predicted by Joan Robinson in 1956.

 

so why the f-ck has the market and AAPL stock etc. been going straight up all week! lol

 

How does the market equate to jobs? Oh, AAPL is producing tons of jobs........in China.

If you recall, the thread is about the fear of rioting due to the lack of employment.

 

Actually Apple has hundreds of job openings in California.
http://jobs.apple.com/

 

There is always high demand for competant people, sadly those are not the majority. it's easy to hire someone, just not someone who's worth their salary.

 

It is getting more and more like Europe where a 20 minutes job can literally take 3-4 months to complete as one guy come, takes a look around for 2 minutes, says he will be back, report to someone else and so on and so forth. This fucking disease is now creeping into the American psyche.

 

People with money and big ego's and grand plans and don't want to wait 10 years for building permits head over to the UAE and do stuff in a big way.

Can't build anything in the US, everything is petty bs. 10 years working on ground zero. They've been trying to build a second track in upstate ny for rail. 15 miles of track and they cannot get this done and it has been 15 years. The cross country RR was built in I think 6 years back in the day.

 

i have a problem with making stuff up as you go

"I have a big problem with this whole liberal democrat elitist idea that people need jobs."

there is so much wrong in this statement i don't know where to begin