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Poles are getting rich...


delphiandomine 83 | 17,730
9 Nov 2010 #31
A bit of both. I get the feeling that Tusk/Kommie will want to make those poor mohair berety pay for their histrionics. Farmers will get whacked.

Probably, they won't actually pay. It'll be the ex-nomeklatura that will be punished - the ones who had a reasonable career during Communism and are now sitting on decent pensions.

Farmers on the other hand...the sooner KRUS is abolished, the better.
A J 4 | 1,088
9 Nov 2010 #32
According to the Credit Suisse report, the richest people on the planet are the Swiss, Norwegians, Australians, Singaporians and the French. The average Swiss citizen has an estate worth 372,000 US dollars.

Just because your house is more expensive doesn't mean you're wealthier. It probably means the exact opposite. I mean, the more you have to pay for your house, the less money you'll have left to spend on the finer things in life.

Unfortunately the government only keeps info on average salaries, not median salaries.

You should probably check minimum wage if you wish to scare yourself.

;)
Maybe 12 | 409
10 Nov 2010 #33
(Poland A and Poland B)

yup the gap between the haves and have nots keeps on growing.
The title should be "Some' Poles are getting rich.
Ashleys mind 3 | 456
10 Nov 2010 #34
So does Marxism. Marxism is never the answer.

There can be no answer when we are still chasing the question...
convex 20 | 3,978
10 Nov 2010 #35
You should probably check minimum wage if you wish to scare yourself.

I'm keenly aware of what minimum wage is. Digging ditches and pulling compressors and condenser coils out of refrigerators and heat pumps paid exactly minimum wage. Hey, so did slinging tacos.

Nope, pretty happy not having to do that. Just like all those Poles that have figured out that with a bit of effort and forward thinking, you can make a lot of money.
A J 4 | 1,088
10 Nov 2010 #36
Nope, pretty happy not having to do that. Just like all those Poles that have figured out that with a bit of effort and forward thinking, you can make a lot of money.

Yup. I'm going to make 7000 € a month within 5 years from now. (That will undo the damage I think!)

:)
convex 20 | 3,978
10 Nov 2010 #37
that's not unreasonable. on the low end of a CCIE....
A J 4 | 1,088
10 Nov 2010 #38
Starting salary.

;)
Eurola 4 | 1,906
10 Nov 2010 #39
So does Marxism. Marxism is never the answer.

So why is it accepted in America? When will people realize that we are half way there?
A J 4 | 1,088
10 Nov 2010 #40
You're overdoing it, trust me. You guys aren't even half as social as Holland is, not even if Obama totally had his way with America. Oh, and the first person who's actually going to call Holland a Communist country is going to get skull-f*cked for the rest of his or her miserable existence on PF. You guys really are obsessed with non-existent Communists, and it's starting to sound really pathetic and whiney, believe you me.

:)
Eurola 4 | 1,906
10 Nov 2010 #41
You guys aren't even half as social as Holland is, not even if Obama totally had his way

and it will not happen, hopefully. I don't know about Holland being communist, but any country which expects the government to take care of its people and control them is getting Marxist.
Chicago Pollock 7 | 504
10 Nov 2010 #42
So why is it accepted in America? When will people realize that we are half way there?

It's not accepted in America. Unfortunately, in the name of Free market ideology, we unloaded our manufacturing jobs to China, our service jobs to India and on top of this we allowed in tons of illegal mexicans solely to lower our standard of living. In time it'll change but in the meantime we need Government spending to keep people in their homes and off the street. Money has to circulate or you get a depression.
A J 4 | 1,088
10 Nov 2010 #43
and it will not happen, hopefully. I don't know about Holland being communist, but any country with expects the government to take care of its people and control them is getting Marxist.

It's just a different way of paying taxes, but in this case, it has to do something with healthcare, which has to deal with patients (meaning people.) so there are a couple of forms involved. So what?

Just tell me..

*takes a deep breath while trying to surpress the urge to throw his computer out of the window*

Do.. You.. Guys.. Have.. A.. Communist.. Party.. In.. Your.. Government.. ? (Question mark: This means it's a question, which you can actually answer.)

Actually, don't answer this question, because I already know the f*cking answer!!

>:|

Pfffffffffffft..

Unfortunately, in the name of Free market ideology, we unloaded our manufacturing jobs to China, our service jobs to India and on top of this we allowed in tons of illegal mexicans solely to lower our standard of living.

You're now officially the smartest person in this thread. Congratulations!

:)
Eurola 4 | 1,906
10 Nov 2010 #44
we need Government spending to keep people in their homes

it's not working. Google foreclosed homes in your town. I did.
Anyway, taking jobs abroad, allowing illegal immigrant work for less lowers the amount of jobs available and the pay for everybody, thus lowers the standard of living.There is nothing more controlling than the fear of losing a job.
Chicago Pollock 7 | 504
10 Nov 2010 #45
True, but I've been through one of these before (mid '70s). And my parents been through the Great Depression.

Interest rates are now at about zero. Now's the time to spend government money on infrastructure projects. Not when interest rates are 10% or 15%. Don't believe the deficit blather. It matters...in the long run. Time is on our side.
z_darius 14 | 3,969
10 Nov 2010 #46
Interest rates are now at about zero.

In some places they are exactly 0%.
Just the other day I received loan offers from two of my banks, 0% for 12 months, no administrative fees of any kind. I'd be silly not to go for it. Even at 3.5 measly percent that some of my accounts pay, it's easy money.

I imagine the banks' hope is that some payers will default on the payments (too late, below minimum monthly payment etc) at which point they are hit with a substantial interest.
Eurola 4 | 1,906
10 Nov 2010 #47
Yeah, the infrastructure projects are fine although a hassle to drive around! But, you see even though the interest rates are low people are losing homes and a very few are buying! Why? Job insecurity. It is a great time for people who have a few dollars or a secure job (is there such thing now?).
A J 4 | 1,088
10 Nov 2010 #48
Job insecurity.

You mean unemployment.

;)
Eurola 4 | 1,906
10 Nov 2010 #49
well, yes - unemployment when it comes to people out of work already, but the ones who still work and don't know how soon they are going to join the 'crowd'.
z_darius 14 | 3,969
10 Nov 2010 #50
But, you see even though the interest rates are low people are losing homes and a very few are buying! Why?

One of the reasons I heard about are the irregularities that took place during the repo process by some banks. It's just to dicey to buy a house that might be later claimed by prior owners. Canadians haven't been hit as hard as Americans so there are plenty of those willing to buy across the border, but there are also plenty of warnings to first make sure you buy what will remain yours.

It is a great time for people who have a few dollars or a secure job (is there such thing now?).

Yup. There sure are secure jobs :)
Chicago Pollock 7 | 504
10 Nov 2010 #51
Yeah, the infrastructure projects are fine although a hassle to drive around! But, you see even though the interest rates are low people are losing homes and a very few are buying! Why? Job insecurity. It is a great time for people who have a few dollars or a secure job (is there such thing now?).

Yes, I agree the housing crisis is due to lack of jobs. If we didn't have a knucklehead for a President he'd authorize infrastructure projects, rebuilding roads and bridges and rail lines. Those infrastructure projects would provide jobs to keep people in their homes and they would spend money which would create more jobs. But we have the knucklehead Democrats who want to get us out of our cars and into high speed trains and the knucklehead Republicans who want to restrict spending (not at a time like this).
A J 4 | 1,088
10 Nov 2010 #52
well, yes - unemployment when it comes to people out of work already, but the ones who still work and don't know how soon they are going to join the 'crowd'.

Oh, don't worry too much. If you haven't been fired already, and you still have a job, then you will most likely keep your job.

:)
Eurola 4 | 1,906
10 Nov 2010 #53
Due to multiple mergers, some banks had difficulties to locate original mortgage documentation...it created a mess for potential buyers.

Yup. There sure are secure jobs :)

you're not in banking or finance. Are you? :)
z_darius 14 | 3,969
10 Nov 2010 #54
Yes, I agree the housing crisis is due to lack of jobs. If we didn't have a knucklehead for a President he'd authorize infrastructure projects, rebuilding roads and bridges and rail lines.

That wouldn't solve the problem. In fact, it would require even more loans.

IMO, two major things need to change in the US:

- trim import from China and shift towards production at home
- refuse to buy anything from China until they stop keeping their currency artificially low
- abolish the Federal Reserve (hanging its senior administrators on lamp posts would be nice, but not necessary from the purely economic angle)

The first two would be probably the best stimulus package possible.
The third one would wipe out the debt on money the banks never had but claimed they loaned them to the government

you're not in banking or finance. Are you? :)

Not at all.
Just a lowly bureaucrat ;)
A J 4 | 1,088
10 Nov 2010 #55
Just a lowly bureaucrat ;)

That's right, you should keep it a secret if you wish to live.

xD
Eurola 4 | 1,906
10 Nov 2010 #56
knucklehead for a President

Unfortunately the one before and now fit into the category and it is what it is but I believe that we'll survive. It is just a hard lesson to learn to many people and totally not necessary.

Poles in Poland grabbed their opportunities and some got rich... many people here are getting rich as we speak too. Crisis or not there is always opportunity for many.
Chicago Pollock 7 | 504
10 Nov 2010 #57
In fact, it would require even more loans.

@ zero percent, doesn't matter. It's free money.

- trim import from China and shift towards production at home
- refuse to buy anything from China until they stop keeping their currency artificially low

At the present time companies are sitting on trillions. They won't change until they change how they think. That will take a bit of time.

people here are getting rich as we speak too. Crisis or not there is always opportunity for many.

Yeah, in the stock market. Buy Ford.
z_darius 14 | 3,969
10 Nov 2010 #58
@ zero percent, doesn't matter. It's free money.

True, but it's like putting a dollar bill from the left pocked to the right pocket and pretending there is income. That money would still have to be paid, unless my proposal in regards to the Fed was implemented.

At the present time companies are sitting on trillions. They won't change until they change how they think. That will take a bit of time.

They had enough time to change and they did - they became more greedy. So time won't do much. Very serious social disobedience might, kinda like the March on Washington.
Eurola 4 | 1,906
10 Nov 2010 #59
- trim import from China and shift towards production at home

yeah, everybody wants that but they don't realze that the hammer at Sears would cost them $14.99 instead of $1.99...

- refuse to buy anything from China until they stop keeping their currency artificially low

risk to get mad and call all the loans back or allow them all to move in instead? lol.

- abolish the Federal Reserve (hanging its senior administrators on lamp posts would be nice...)

Wild West style solution, huh? We would need to order some extra rope from China, y'know.

Buy Ford.

True. That 'Fix or repair daily" cars went a long way.
z_darius 14 | 3,969
10 Nov 2010 #60
yeah, everybody wants that but they don't realze that the hammer at Sears would cost them $14.99 instead of $1.99...

That's how it was in 1950's, 60' and early 1970'. America seemed to have been on top then. Those low prices are not working too well for Americans. Wages stagnated since 1970's and the middle class has been decimated.

risk to get mad and call all the loans back or allow them all to move in instead? lol.

Give them what they borrowed - papers with pretty pictures.

Wild West style solution, huh? We would need to order some extra rope from China, y'know.

I'm not sure I'd call the March on Washington "Wild West". Would you?
I'd say what big corporations have been doing for the last 100+ years doing is in fact Wild West.


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