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99Forever

(14,524 posts)

6. K&R

Reply to n2doc (Original post)

Tue Jun 19, 2012, 09:04 AM

Jun 2012

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49 replies

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Highlight:

Toon- 40% of middle class wealth wiped out! [View all] n2doc Jun 2012 OP

du rec. nt xchrom Jun 2012 #1

Anyone know how the top 1% fared? Rectangle Jun 2012 #19

Their wealth went up by 40% of our wealth. lob1 Jun 2012 #40

k and r nashville_brook Jun 2012 #2

K&R. Thanks for posting. n/t Egalitarian Thug Jun 2012 #3

The Great Risk Shift by Jacob S Hacker. HughBeaumont Jun 2012 #4

+1 Blue_Tires Jun 2012 #5

All of the wealth didn't necessarily 'go' somewhere. Blanks Jun 2012 #10

debt is not dissipation. debt is your ass tiny elvis Jun 2012 #16

The resale value of homes decreased. Blanks Jun 2012 #21

Where some of the $ went............ Red Crow Jun 2012 #38

they didn't financially benefit every time a homeowner lost equity in their home. Spitfire of ATJ Jun 2012 #18

In the end they benefitted. Blanks Jun 2012 #22

they stood to lose money every time a loan defaulted. Spitfire of ATJ Jun 2012 #27

I had forgotten about that aspect. They had insurance. Blanks Jun 2012 #28

More than that, they had Credit Default Swaps Spitfire of ATJ Jun 2012 #30

A lot of they's and them's. Blanks Jun 2012 #34

Are the names of these people actually available information? Spitfire of ATJ Jun 2012 #36

So why don't the occupy people go egg their mansions or something? Blanks Jun 2012 #44

Oh sure. Like they live in tract homes Spitfire of ATJ Jun 2012 #45

That's not really the point. Blanks Jun 2012 #47

True Spitfire of ATJ Jun 2012 #48

Set up the frogmarch. Blanks Jun 2012 #49

All of these bank losses were socialized. girl gone mad Jun 2012 #26

It's worked out real well for them..... midnight Jun 2012 #37

The losses on individual homes were just a fraction snot Jun 2012 #23

Not only that laundry_queen Jun 2012 #24

The numbers were astronomical Spitfire of ATJ Jun 2012 #46

Technically the government 'invested' in AIG. Blanks Jun 2012 #29

Obvious bankster propoganda. girl gone mad Jun 2012 #41

Obviously, but if the government bought stock Blanks Jun 2012 #42

Let's not forget the role S&P played Spitfire of ATJ Jun 2012 #31

Thank you, Hugh. I will look for it at my local socialist library Ishoutandscream2 Jun 2012 #25

K&R 99Forever Jun 2012 #6

Bad toon. mlevans Jun 2012 #7

Divide and Conquer Peaceful Protester Jun 2012 #8

Remember, it's the Union's fault Blue Owl Jun 2012 #9

+100000 yardwork Jun 2012 #20

Mission Accomplished nt cstanleytech Jun 2012 #11

Yep.... bighughdiehl Jun 2012 #17

Wuerker's been knocking 'em outta the park lately. K&R bluesbassman Jun 2012 #12

The middle class just "lost the money" Dont call me Shirley Jun 2012 #13

Some people blame Bush for the state of the union, but... Peaceful Protester Jun 2012 #14

Democrat policies??? Nt awoke_in_2003 Jun 2012 #33

they can't help themselves, apparently n/t grasswire Jun 2012 #35

So it would seem... awoke_in_2003 Jun 2012 #39

PP is no freeper and has edited the post. HughBeaumont Jun 2012 #43

in a depression, money returns to its rightful owners: BOG PERSON Jun 2012 #15

k & r thanks for posting...nt Stuart G Jun 2012 #32