Interesting comments

[BosnMate]

This came in my email, and is interesting, although I don't know how true it is. Headlines read:

Cyprus strikes last-minute EU bailout deal
Agreement set to involve heavy losses for wealthy investors, while those with savings under €100,000 will be spared

My comments: (Not Bosnmate's comments, this is from the email writer)

The conversion rate to US dollars is approximately 1.3 Euros to 1 US dollar. This means that any bank account in Cyprus with more than the equivalent of $130,000 U.S. dollars in it, would have 40% of the overage confiscated by the government to bail out the Cyprus banking industry, thereby save Cyprus from being removed from the European Union, thus saving the European Union from failure.
In other words - the European Union has elected to punish the rich and confiscate 40% of their wealth, and not affect those investors having less than that in the bank. Punish the rich - spare the less wealthy - and thereby avoid riots and revolution which surely would have occurred if the middle and lower class citizens were robbed of their deposits.
The same mentality seems to pervade our culture. We have devolved to the political position of punishing the successful, who because of their success in life have managed to accumulate some wealth, and to bring all members of the society down to the same level. Success in life will no longer be tolerated - we all must be "equal" for the "good of society".
We're headed in the same direction as Europe. I'm glad that I'm old and will not be around to see the end of this story.
Rocco

Bosn's remarks: How is this supposed to affect us? I know there are a bunch of people in high places in our government that believe in the idea of a one world government. People seem to think this Cyprus thing will overflow to the U.S. -- if so, is that part of the growing pains of a one world government? Like Rocco said, I won't see the end of the story; but if that's what's going on, what can we do about it now? Voting won't help, because there are people in both parties that believe in the one world idea. I don't know, but this is one of the few times that I'm glad I'm old, I really don't like the path we are being forced down. I'm just a simple, straight forward type of guy, and I think we've had the best form of government the world has ever seen, and don't understand why some people are h--l bent to change it. My wife and I don't have a lot, but at least up until now, everything we have is paid for. There is usually more month than money, but we manage to stay out of debt. We don't have a big savings, so medical problems beyond insurance could wipe us out in a wink, other than that, we just keep on keeping on. I'm thinking that perhaps savings in a bank at this point isn't wise. If banks get into a problem, what happen to social security, retirement and IRA's that are direct deposit. Should I pull savings so there will be cash in the event of bank closures? What good would FDI be if a person needs money right now and the banks are closed?

 

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[Frankn]

Look at it this way. The Gov. has been pushing to have all transactions recorded.ie , like SS deposited in an account so they can see where it goes, food stamps are now credit card accounts that they can trace, Your retirement is probably in an IRA account that they can trace, Your bank account is there for them to trace, and don't be naive, I have been in 'gov. areas' and KNOW they can trace all of this. The government does not like cash because it does not leave a paper trail. Hay! look at it this way. Maybe our kids will have something to look for in the ground. Frank...

 

[0121stockpicker]

Look at it this way. The Gov. has been pushing to have all transactions recorded.ie , like SS deposited in an account so they can see where it goes, food stamps are now credit card accounts that they can trace, Your retirement is probably in an IRA account that they can trace, Your bank account is there for them to trace, and don't be naive, I have been in 'gov. areas' and KNOW they can trace all of this. The government does not like cash because it does not leave a paper trail. Hay! look at it this way. Maybe our kids will have something to look for in the ground. Frank...

<img src="http://www.treasurenet.com/forums/attachment.php?attachmentid=765977"/>

Have you ever considered that this was being done to cut down the fraud that everyone rightfully complains about?? No offense but if your getting food stamps or other assistance from the government they (we) have the right to know that the money is being used properly.

There was massive theft of socialist security checks back when they were mailed. It was the criminals payday!! That is why they moved to direct deposit, etc.

 

[Frankn]

Have you ever considered that this was being done to cut down the fraud that everyone rightfully complains about?? No offense but if your getting food stamps or other assistance from the government they (we) have the right to know that the money is being used properly.

There was massive theft of socialist security checks back when they were mailed. It was the criminals payday!! That is why they moved to direct deposit, etc.

I thought that for a moment, but then I also noted the big push to increase distribution of the food stamps. Do you really think they are interested in fraud, or rather interested in spreading the wealth. Just look at obamacare! It's really going to cost us. They are in the process of outsourcing the millionaires . Frank...

 

[0121stockpicker]

I thought that for a moment, but then I also noted the big push to increase distribution of the food stamps. Do you really think they are interested in fraud, or rather interested in spreading the wealth. Just look at obamacare! It's really going to cost us. They are in the process of outsourcing the millionaires . Frank...

<img src="http://www.treasurenet.com/forums/attachment.php?attachmentid=766089"/>

I look at foodstamps, unemployment checks etc as being a lagging function of the economy. Economy worsens more foodstamps, more unemployment check, welfare, etc. economy improves and after some time those numbers start to decline. Fairly good economic correlation.

I view obamacare the same as I view the bush subsidized drug handout, Medicare, Medicaid, socialized security etc. all are "wealth redistribution" mechanisms along with our current graduated tax code. Not sure what your point is? We have been a socialist country ever since FDR?? Socialized Security is the biggest socialist program in the world?? Do you really want to live in an unrestrained free capitalist enterprise society with no safety nets, no regulations, etc, etc. just Wild West capitalism? Might want to go study some history to see how that turned out for 99.999999% of society!

 

[onfire]

Have you ever considered that this was being done to cut down the fraud that everyone rightfully complains about?? No offense but if your getting food stamps or other assistance from the government they (we) have the right to know that the money is being used properly.

There was massive theft of socialist security checks back when they were mailed. It was the criminals payday!! That is why they moved to direct deposit, etc.

No offense SP but cut the fraud? I wasn't kidding before people can buy false eye lasses, Cigarets Alaskan crab legs candy, soda etc. all those good things. In fact stand outside your local casino people trading quest cards for a few bucks. In fact if you own a store and have as little as 1 gallon of milk and a few eggs you are able to have people use their card. All you have to do is call and say you lost this months card and they will give you another. We've created a bigger criminals payday then ever before. Sorry but I say" if you can't afford it you don't deserve it."

 

[0121stockpicker]

No offense SP but cut the fraud? I wasn't kidding before people can buy false eye lasses, Cigarets Alaskan crab legs candy, soda etc. all those good things. In fact stand outside your local casino people trading quest cards for a few bucks. In fact if you own a store and have as little as 1 gallon of milk and a few eggs you are able to have people use their card. All you have to do is call and say you lost this months card and they will give you another. We've created a bigger criminals payday then ever before. Sorry but I say" if you can't afford it you don't deserve it."

And when kids can't afford nutritious food, etc they shouldn't get it? As you folks have often stated there will always be criminals breaking the law but we shouldn't punish the law abiding because of it - correct?

 

[Dave44]

But... "What about the KIDS" ? Perfect non answers in that.

 

[0121stockpicker]

But... "What about the KIDS" ? Perfect non answers in that.

Why is that a non answer. My answer is spelled our quite clearly. I believe in the US there are time when people need welfare, foodstamps, Medicare, Medicaid and socialist security. I believe all these programs like everything else in life has the criminal, dishonest and mismanagement. But I also believe that the country and the citizens of this country would be worse off without them.

 

[onfire]

And when kids can't afford nutritious food, etc they shouldn't get it? As you folks have often stated there will always be criminals breaking the law but we shouldn't punish the law abiding because of it - correct?

Now you are joking. Ask any of the people trying to hand out nutritious food at the schools then ask how heavy the garbage cans are. Your yellow submarine has to many people on it that believe kids are starving.

 

[Dave44]

I think Stocky said the poorest American kids have an obesity problem? Is the dirt they must be having to eat that nutritious?

 

[0121stockpicker]

Now you are joking. Ask any of the people trying to hand out nutritious food at the schools then ask how heavy the garbage cans are. Your yellow submarine has to many people on it that believe kids are starving.

Best thing to do is get out from the computer and tv and experience the world. Most people (especially in this country) have absolutely no clue about real human poverty and misery. I've been a very fortunate person in my life and believe it is an insult to the maker to live high on the hog while others suffer. Just my own humble belief - if that makes me a bad person or even worse - a liberal - than so be it.

 

[Frankn]

I look at foodstamps, unemployment checks etc as being a lagging function of the economy. Economy worsens more foodstamps, more unemployment check, welfare, etc. economy improves and after some time those numbers start to decline. Fairly good economic correlation.

I view obamacare the same as I view the bush subsidized drug handout, Medicare, Medicaid, socialized security etc. all are "wealth redistribution" mechanisms along with our current graduated tax code. Not sure what your point is? We have been a socialist country ever since FDR?? Socialized Security is the biggest socialist program in the world?? Do you really want to live in an unrestrained free capitalist enterprise society with no safety nets, no regulations, etc, etc. just Wild West capitalism? Might want to go study some history to see how that turned out for 99.999999% of society!

Stockpicker, I am well versed in history and have lived 75 years of it. The problem with SS is gross mismanagement by the gov. They borrowed money from the fund for other programs. They use the funds to support other 'welfare' programs. It was never used to accumulate money and interest as originally intended. FDR set up the programs to employ vast amounts of people. In other words ,buy votes. We had to wait till he died to get rid of him. The big mistake was not placing term limits on congress. They just keep spending money to buy reelection votes. We could dump almost half of the federal bureaus and solve all our problems. I just think the people are fed up with the whole mess. Frank...

 

[Dave44]

Best thing to do is get out from the computer and tv and experience the world. Most people (especially in this country) have absolutely no clue about real human poverty and misery. I've been a very fortunate person in my life and believe it is an insult to the maker to live high on the hog while others suffer. Just my own humble belief - if that makes me a bad person or even worse - a liberal - than so be it.

Yes, it makes you a liberal.
You do not even see that America doesn't have half of the misery that other countries do. Yet you bad mouth your country like it does not give trillions to other countries to try to abate suffering, even though the money never gets to those wretched souls.
You badmouth caring Americans who give time and money out of their own lives and livelihoods for the poorest among us because the Government is the only one you think can do this effectively.
You badmouth Americans that have worked very hard for all that they have, yet apparently you revel in your net worth.

Yes you are not the caring individual you think your posts reveal.

Appalled,
Dave

 

[onfire]

Best thing to do is get out from the computer and tv and experience the world. Most people (especially in this country) have absolutely no clue about real human poverty and misery. I've been a very fortunate person in my life and believe it is an insult to the maker to live high on the hog while others suffer. Just my own humble belief - if that makes me a bad person or even worse - a liberal - than so be it.

So now we're a man of the world and the rest of us have no clue. Really? The only people I.v seen in poverty here in the U.S are those guys with a sign on the corners.(And yes I do hand out if he tells me he's a vet on hard times) If all the world you've been to. why is there poverty and misery when our gov. is handing our cash out like candy.
What you have to do is get off the bus your on and visit some of these poverty stricken homes and see the 55 in t.v.'s cable and all the burners on the gas stove fully lit because it's cold so what if the windows open. Eye's don't pay the bill.

 

[0121stockpicker]

Stockpicker, I am well versed in history and have lived 75 years of it. The problem with SS is gross mismanagement by the gov. They borrowed money from the fund for other programs. They use the funds to support other 'welfare' programs. It was never used to accumulate money and interest as originally intended. FDR set up the programs to employ vast amounts of people. In other words ,buy votes. We had to wait till he died to get rid of him. The big mistake was not placing term limits on congress. They just keep spending money to buy reelection votes. We could dump almost half of the federal bureaus and solve all our problems. I just think the people are fed up with the whole mess. Frank...

<img src="http://www.treasurenet.com/forums/attachment.php?attachmentid=766133"/>

I don't disagree at all. Believe me this started well before Obama!!!

 

[0121stockpicker]

Yes, it makes you a liberal.
You do not even see that America doesn't have half of the misery that other countries do. Yet you bad mouth your country like it does not give trillions to other countries to try to abate suffering, even though the money never gets to those wretched souls.
You badmouth caring Americans who give time and money out of their own lives and livelihoods for the poorest among us because the Government is the only one you think can do this effectively.
You badmouth Americans that have worked very hard for all that they have, yet apparently you revel in your net worth.

Yes you are not the caring individual you think your posts reveal.

Appalled,
Dave

I have no idea what you are talking about and certainly do not appreciate the insults.

 

[0121stockpicker]

So now we're a man of the world and the rest of us have no clue. Really? The only people I.v seen in poverty here in the U.S are those guys with a sign on the corners.(And yes I do hand out if he tells me he's a vet on hard times) If all the world you've been to. why is there poverty and misery when our gov. is handing our cash out like candy.
What you have to do is get off the bus your on and visit some of these poverty stricken homes and see the 55 in t.v.'s cable and all the burners on the gas stove fully lit because it's cold so what if the windows open. Eye's don't pay the bill.

Gas stoves?? I've been places were there is no gas, electricity, plumbing etc etc. Places where when a crop failed or livestock died people died. No offense, but wake up. If pretending there is no suffering in this world makes you feel better or thinking that someone in need is that way because they are lazy than that is your right.

 

[Dave44]

Best thing to do is get out from the computer and tv and experience the world. Most people (especially in this country) have absolutely no clue about real human poverty and misery. I've been a very fortunate person in my life and believe it is an insult to the maker to live high on the hog while others suffer. Just my own humble belief - if that makes me a bad person or even worse - a liberal - than so be it.

I believe I was talking about this post from you, and how fortunate you are too. And many other posts you have made.

Sometimes it looks like you are trying to elevate your standing in some way.

Fear not Stocky. Your life is your own, do as you please. You do not have to convince me if your soul is worthy.

 

[0121stockpicker]

I believe I was talking about this post from you, and how fortunate you are too. And many other posts you have made.

Sometimes it looks like you are trying to elevate your standing in some way.

Fear not Stocky. Your life is your own, do as you please. You do not have to convince me if your soul is worthy.

Elevate your standing? Dude we are on a chat board chill out. If you want to believe suffer ate people are that way because they are lazy and deserve it so be it. Not sure why you feel inclined to make personal attacks? Is there any need for that?