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19798 messages,  Last post on May 05, 2013 at 2:30 PM

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#18985 of 19798 Re: this is too funny [busiris] by jayrider

Jun 26, 2012 (6:07 am)

Replying to: busiris (Jun 25, 2012 7:19 pm)
My comments were more reflective of my overall feelings re: political discussions rather than a direct response to your post which I found a bit confusing. I suppose that heated political rhetoric does serve a purpose as a substitute for the human races' propensity to do violence on those that disagree with their point of view. And by the way, I am very familiar with the character, Gordon Gekko. You would have to live in a cave to miss him as the commercial spokesman for Geico Insurance.

#18986 of 19798 Speaking of Unions by gagrice

Jun 26, 2012 (6:40 am)

It looks like Stockton public employees will be losing their gold plated health care for life plans.
 
About $7 million in savings would come from cutting retiree health care benefits for one year and then phasing them out. Stockton officials have said the benefits are a crushing expense due to their fast rise and projected liability of $417 million.
 
Despite the cuts, Stockton has not been able to avoid recurring deficits. Its revenue is weak and its financial troubles have been compounded, according to city officials, by generous pay and benefits for city workers and retirees and too much debt taken on by the city when it enjoyed a home-building boom in the early part of the last decade that transformed it into a distant bedroom community for the San Francisco Bay area.
 
http://in.reuters.com/article/2012/06/26/economy-stockton-idINL2E8HQ0UF20120626

#18987 of 19798 Re: this is too funny [busiris] by fintail

Jun 26, 2012 (10:35 am)

Replying to: busiris (Jun 25, 2012 7:19 pm)
Or if anyone knows that character was somewhat made to mock and lament the "greed" trend of the 80s, which led to some economic issues right about the time that movie hit the screens. And 25 years later, the mess is 10x worse. Unions are much smaller now than then, de-industrialization en masse, shrinking middle class, huge gold gains for the top few.

#18988 of 19798 Re: this is too funny [fintail] by busiris

Jun 26, 2012 (11:39 am)

Replying to: fintail (Jun 26, 2012 10:35 am)
It does appear that some folks readily adopted Gekko's character and assumed many of the character's traits.
 
Is there ANY financial news show that hasn't used several of Gordon's quotes?
 
Of course, the most famous one was "greed is good".

#18989 of 19798 Re: this is too funny [jayrider] by Stever@Edmunds HOST

Jun 26, 2012 (12:26 pm)

Replying to: jayrider (Jun 26, 2012 6:07 am)
You would have to live in a cave
 
I'd have to go do a net search because I have no clue who he is. Does living in a tent the last few nights count as a cave?
 
Anyone got any UAW news?

#18990 of 19798 Re: this is too funny [fintail] by lemko

Jun 26, 2012 (12:33 pm)

Replying to: fintail (Jun 26, 2012 10:35 am)
I believe too many Wall Street types forgot the movie was a cautionary tale and thought it was an instructional video.

#18991 of 19798 Re: this is too funny [steve_] by gagrice

Jun 26, 2012 (1:07 pm)

Replying to: Stever@Edmunds (Jun 26, 2012 12:26 pm)
I'd have to go do a net search because I have no clue who he is. Does living in a tent the last few nights count as a cave?
 
I don't live in a tent and I had no idea. Must have to be a couch potato to know who he is.

#18992 of 19798 Re: this is too funny [jayrider] by tlong

Jun 26, 2012 (5:58 pm)

Replying to: jayrider (Jun 26, 2012 6:07 am)
I am very familiar with the character, Gordon Gekko. You would have to live in a cave to miss him as the commercial spokesman for Geico Insurance.
 
"That's not the Gekko you're looking for. Move along..."

#18993 of 19798 Re: Speaking of Unions [gagrice] by tlong

Jun 26, 2012 (5:59 pm)

Replying to: gagrice (Jun 26, 2012 6:40 am)
It looks like Stockton public employees will be losing their gold plated health care for life plans.
 
The ball is finally rolling. This is bound to repeat all over the U.S. in the coming years.

#18994 of 19798 Re: this is too funny [fintail] by tlong

Jun 26, 2012 (6:02 pm)

Replying to: fintail (Jun 26, 2012 10:35 am)
Unions are much smaller now than then, de-industrialization en masse, shrinking middle class, huge gold gains for the top few.
 
While I agree about many of the top few, don't forget the rot from below. In the big picture, that may be the bigger contributor to the decline of this country. Low education, entitlement, freeloading, not expecting any accountability, wanting the mommy state to take care of you....one thing we can agree upon is that it is the middle class that is really getting the shaft.

Messages Page 1900 of 1981

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