On Jul 23, 1:23 pm, "AHSO#1" <wha...@[EMAIL PROTECTED]
> wrote:
> On Jul 22, 10:16 pm, Eat the rich <goofin...@[EMAIL PROTECTED]
> wrote:
>
>
>
> > On Jul 22, 1:58 am, "AHSO#1" <wha...@[EMAIL PROTECTED]
> wrote:
>
> > > On Jul 22, 12:16 am, Eat the rich <goofin...@[EMAIL PROTECTED]
> wrote:
>
> > > > On Jul 21, 2:56 pm, "Sid9" <s...@[EMAIL PROTECTED]
> wrote:
>
> > > > > "mg" <mgkel...@[EMAIL PROTECTED]
> wrote in message
>
> > > > >news:g630gm$m8b$1@[EMAIL PROTECTED]
>
> > > > > > On the plus side many Americans got a really warm and fuzzy
feeling when
> > > > > > we invaded Iraq (even though Iraq had nothing to do with
9/11). Another
> > > > > > plus is that Bush also gave middle-class Americans a few
crumbs when he
> > > > > > gave the rich a tax-cut banquet. On the minus side, though,
it's now time
> > > > > > to pay the piper:
>
> > > > > > "U.S. Companies to Raise Prices Amid Soaring Costs, Survey
Says
> > > > > > By Timothy R. Homan
>
> > > > > > July 21 (Bloomberg) -- More companies in the U.S. plan to
boost prices and
> > > > > > limit hiring as the surge in raw-material costs hurts profits,
a private
> > > > > > survey found.
>
> > > > > > Almost four times as many businesses plan to charge their
customers more
> > > > > > next quarter than expect to reduce prices, according to the
National
> > > > > > Association for Business Economics. A net 9 percent of
employers said they
> > > > > > would increase payrolls over the next six months, the fewest
in five
> > > > > > years.
>
> > > > > > The re****t reinforces concern that rising expenses will
contribute to a
> > > > > > further pickup in inflation and a weakening in the labor
market. A net 71
> > > > > > percent of firms said costs rose last quarter, up from 65
percent in the
> > > > > > previous three months and the most since records began in
1994, the poll
> > > > > > showed.
>
> > > > > > ``The rising costs of materials and other non-labor inputs are
a big
> > > > > > concern and a big drag on profitability,'' Ken Simonson, chief
economist
> > > > > > for the Associated General Contractors of America in
Alexandria, Virginia,
> > > > > > and board member of the business group, said in an interview.
>
> > > > > > The number of respondents saying profit margins declined last
quarter
> > > > > > exceeded those registering gains by 13 percent, the biggest
differential
> > > > > > since the 2001 recession.
>
> > > > > > Soaring expenses for raw materials forced businesses to pass
on higher
> > > > > > costs to consumers last quarter, the survey showed. A net 28
percent, the
> > > > > > highest since the first quarter of 2007, said they increased
prices from
> > > > > > April through June.
>
> > > > > > The survey showed fewer firms were pessimistic about their
outlook for
> > > > > > 2008 compared with the first quarter.
>
> > > > > > Fannie, Freddie
>
> > > > > > The poll was taken between June 19 and July 10, raising the
possibility
> > > > > > that most respondents hadn't had a chance to take into account
the latest
> > > > > > turmoil in financial markets following concerns about the
viability of
> > > > > > Fannie Mae and Freddie Mac. The re****t included responses from
101 members
> > > > > > of the business economists group.
>
> > > > > > On July 13, Treasury Secretary Henry Paulson sought blanket
authority from
> > > > > > Congress to buy equity stakes in, and lend to, Fannie Mae and
Freddie Mac,
> > > > > > aiming to stem the collapse of confidence in the largest
sources of U.S.
> > > > > > mortgage financing.
>
> > > > > > Federal Reserve Chairman Ben S. Bernanke last week abandoned
his June
> > > > > > *****sment that the threat of an economic downturn had
diminished. During
> > > > > > testimony before U.S. lawmakers in Wa****ngton, he said there
are
> > > > > > ``significant downside risks to the outlook for growth.''
>
> > > > > > Fewer companies boosted wages, the survey also showed. A net
20 percent
> > > > > > said salaries have increased, the lowest level since the end
of 2003, and
> > > > > > down from 31 percent in the group's previous survey in April.
>
> > > > > > Wages, Inflation
>
> > > > > > The Labor Department's re****t on consumer prices last week
showed wages,
> > > > > > adjusted for inflation, fell 2.4 percent in the 12 months
ended in June.
> > > > > > Employers have cut jobs each month in 2008, according to
government
> > > > > > figures.
>
> > > > > > Declines in hiring and the failure of wages to keep pace with
inflation
> > > > > > are among the reasons economist forecast consumer spending,
the biggest
> > > > > > part of the economy, will slow later this year.
>
> > > > > > Business investment plans were also soft last quarter after
slumping in
> > > > > > the first three months of the year, the NABE survey showed. On
net, 27
> > > > > > percent of the firms said they would increase spending on new
buildings
> > > > > > and equipment over the next 12 months compared with 28 percent
in the
> > > > > > first quarter. At the end of 2007, that reading was 40
percent."
>
> > > > >
>http://www.bloomberg.com/apps/news?pid=20601087&sid=a.mPaZFLEvaA&refe...
>
> > > > > Americans getting poorer every day since Reagan and the bush
family got
> > > > > involved with out government
>
> > > > The GOP is all about empowering the Aristocrats. The middle class
and
> > > > the poor are to be peasants, cheap labor, paid only enough to keep
> > > > alive so that we can serve the rich.
>
> > > > Well, you know what I say to these Aristocratic Republicans? Eat
the
> > > > Rich. I aint going to be no peasant for Paris Hilton or Bill
O'Reilly
> > > > or Rush Limbaugh. It's time to rise up and reclaim America for
the
> > > > people who built it: we the m*****. The rich think they built
this
> > > > country but it was us. This is our country and if the rich don't
like
> > > > us taking our country back, then can go to Saudi Arabia.
>
> > > Judging by your vocabulary your are a 15 year old or a 1 toothed
> > > hillbilly in a trailer park somewhere . Therefore your credibility
is
> > > null and void . Your Stalinist meanderings are merely pipe dreams
.You
> > > already are a peseant .
>
> > I'm actually both. I'm a 15 year old, one toothed hillbilly. I
> > wished I lived in a trailer park, but this abandoned van down by the
> > river aint to bad.
>
> At least you have a sense of humor . One question; What did rich
> people ever do to you ? Like it or not they are employers ,investors
> and believe it or not good ol' plain folk . I've partied and worked
> with people that had tons of money but you'd have never known it
> because they weren't presumptuous<sp?> . Nor did I really care for
> that matter because I don't have any hangups about people that have
> succeded in life .
Since I aspire to one day be stinking rich, I have nothing against the
rich in general. There are quite a few wealthy people who I respect.
My nickname, Eat the Rich, is meant only to elicit a response in a
certain segment of the people who post here.
I do have a problem with those who believe they achieved their wealth
without any contribution from their fellow countrymen. I also have
contempt for those who want only to take and not give back, who
utilize the resources and infrastructure of America yet want to avoid
paying taxes. I can't think of one wealthy person who didn't rely
upon the hard work of others or the infrastructure of their nation to
achieve their wealth. The wealth of a nation is bound tightly to the
great works of the people of that nation.
When I become stinking rich, I know that I will be paying my fair
share of taxes...not 15% but a lot more. I will also use my wealth to
lift others.
If I don't become stinking rich, well, I guess I'll just keep trying.
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