By the time the stock market hits bottom, the rich are going to wish they had taken
The Backlash Cometh
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Mon Aug-08-11 08:17 PM
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By the time the stock market hits bottom, the rich are going to wish they had taken
Edited on Mon Aug-08-11 08:17 PM by The Backlash Cometh
the tax increase option.
Speck Tater
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Mon Aug-08-11 08:18 PM
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1. I'm not sure most of them even know what they're doing wrong. nt
DJ13
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Mon Aug-08-11 08:19 PM
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You cant starve the bottom income groups and not hurt the businesses that make their money off consumer spending.
Curmudgeoness
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Mon Aug-08-11 08:21 PM
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3. Don't shed any tears for the rich. They are covered.
Who do you think has been driving this selloff? And they will take all the money and buy stocks when they hit a preceived bottom and make even more money.
robinlynne
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Mon Aug-08-11 08:27 PM
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sunwyn
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Mon Aug-08-11 08:22 PM
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4. I doubt many of them will lose much money. I am sure they are hedging their bets
against the US economy and will be making a fortune off this mess. Probably engineered just for this purpose.
Skip_In_Boulder
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Mon Aug-08-11 08:22 PM
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5. Yeah but the truly rich
Edited on Mon Aug-08-11 08:23 PM by Skip_In_Boulder
are probably in a short position now and are making tons money on the way down.
Jackpine Radical
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Mon Aug-08-11 08:23 PM
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6. The VERY rich don't get hurt in market fluctuations.
The country-club rich with a few mil are the ones who get took. The VERY rich are the takers. Remember what Andrew Mellon said about depressions in general: "These are merely the times when wealth flows back to its natural owners."
mzmolly
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Mon Aug-08-11 08:25 PM
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hope. I hope like hell they suffer financially for their support of Republican policies.
C_U_L8R
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Mon Aug-08-11 08:26 PM
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8. Cheaters never prosper
republicans should know better... and for the good of the country, they should pay their taxes
theoldman
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Mon Aug-08-11 08:29 PM
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10. When the stock market drops like a rock, everyone loses.
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