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Why Aren't the 50% Living in Poverty Protesting in the Streets?


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2013 Jun 6, 11:44am   13,256 views  60 comments

by JodyChunder   ➕follow (2)   💰tip   ignore  

http://therealnews.com/t2/index.php?option=com_content&task=view&id=31&Itemid=74&jumival=10268

Thanks for joining us again, Paul. PAUL BUCHHEIT, FOUNDER, USAGAINSTGREED.ORG: Thank you, Paul. JAY: So we've been talking about this piece you wrote about perhaps as many as 50percent of Americans live in poverty. But my question is first of all 50percent of Americans living in poverty know they do. They didn't need to read your piece to know it. And two, you know, these facts are kind of out there, the extent of inequality. Mainstream media reports on it, and as I say, more importantly, people experience it. But people don't--you know, when I say people, most people aren't...

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41   JodyChunder   2013 Jun 8, 4:03pm  

CaptainShuddup says

To day it's just barely enough to keep afloat with a Ranchero Brubdale house, with lower middle class wants and needs.

What part of California are you in? You'd be sitting pretty with your salary out this way whereabouts I am.

42   Tenpoundbass   2013 Jun 9, 2:44am  

Bellingham Bill says

PPACA exchange subsidies will reduce my health insurance premiums to $80/mo, 1/4 what they are now.

So health is taken care of.

You're going to make a Damn fine Republican, I guaran-fuckin'-TEE!

43   Tenpoundbass   2013 Jun 9, 2:45am  

JodyChunder says

What part of California are you in? You'd be sitting pretty with your salary out this way whereabouts I am.

Florida, but I forgot to include, I have two daughters 18 and 17 who have it in mind, that my income is their income.

44   New Renter   2013 Jun 9, 3:17am  

CaptainShuddup says

JodyChunder says

What part of California are you in? You'd be sitting pretty with your salary out this way whereabouts I am.

Florida, but I forgot to include, I have two daughters 18 and 17 who have it in mind, that my income is their income.

Might be time to wean them off.

45   Tenpoundbass   2013 Jun 9, 3:56am  

New Renter says

Might be time to wean them off.

I have, but their Liberal education, expects me to support their every whim from that nice outfit at Wet Seal, to Monday through Sunday hang out money, lest they call me Captain Meany Pants.

Get this, one even has a Job. But that's her money to piss away in the same night of payday.

46   New Renter   2013 Jun 9, 4:56am  

CaptainShuddup says

I have, but their Liberal education, expects me to support their every whim from that nice outfit at Wet Seal, to Monday through Sunday hang out money, lest they call me Captain Meany Pants.

So? Their "liberal education" is trumped by your "conservative purse strings". Wet Seal be damned, TJ Maxx, Ross, and yes even Goodwill have some plenty fine clothes. If they don't like it tell them fine, you'll buy the clothes yourself.

I'm sure they'll love what you pick out for them.

Given what people here call you I'm sure you can tolerate "Captain Meanie Pants"

47   AD   2013 Jun 9, 5:13am  

This is main problem with anchor babies. It creates risks of a cycle of dependency.

http://news.yahoo.com/nations-breadbasket-latinos-stuck-poverty-120309988.html

48   Bellingham Bill   2013 Jun 9, 6:45am  

adarmiento says

It creates risks of a cycle of dependency.

anyone serious on the cycle of dependency would work towards freeing the renting masses from their indentured servitude to landlords.

And we can't do this via Section 8, that's just rent supports.

We need to construct millions of quality homes in thousands of communities, to break the scarcity of livable neighborhoods and thus drive housing rents down to the actual cost of the capital -- sticks and concrete -- instead of the massive economic rents -- a trillion or so -- housing is pulling from the paycheck economy now.

A $200,000 capital investment can create a pretty damn fine housing unit, and 100 of those together is a good-sized multifamily complex.

That's a $20M capital investment. The Fed is buying $85B/month in bonds, we'd be better off if the Fed deployed that e-capital such that we could build 400,000 new mfh units a month!

That would push construction employment to the max:

http://research.stlouisfed.org/fred2/series/USCONS

easily adding 5M+ jobs to the paycheck economy.

5M new housing units a year would mean a community the size of Fresno would receive 8,000 new apartment/condo units in a single year -- and that level of construction would be all across the nation!

That would crush housing rents everywhere, allowing the paycheck economy to use that money towards other wants and needs beside housing, and push landlords to find more useful investments for their capital.

49   thomaswong.1986   2013 Jun 9, 6:55am  

Bellingham Bill says

anyone serious on the cycle of dependency would work towards freeing the renting masses from their indentured servitude to landlords.

if you dont like where your at.. move! Rent too expensive in SFBA.. move to Fresno.

50   thomaswong.1986   2013 Jun 9, 6:56am  

Bellingham Bill says

That's a $20M capital investment. The Fed is buying $85B/month in bonds, we'd be better off if the Fed deployed that e-capital such that we could build 400,000 new mfh units a month!

See the great public housing programs that went belly up decades ago. What went wrong ?

51   JodyChunder   2013 Jun 9, 7:28am  

CaptainShuddup says

Get this, one even has a Job. But that's her money to piss away in the same night of payday.

I don't get it...what's the problem, here?

Sounds like the all-American spirit.

52   Blurtman   2013 Jun 9, 11:08am  

adarmiento says

This is main problem with anchor babies. It creates risks of a cycle of dependency.


http://news.yahoo.com/nations-breadbasket-latinos-stuck-poverty-120309988.html

On balance, does mom's vegetable picking and resultant low food prices balance out the costs of schooling and medical care for her seven kids and herself?

53   MsBennet   2013 Jun 9, 2:52pm  

Blurtman says

adarmiento says

This is main problem with anchor babies. It creates risks of a cycle of dependency.

http://news.yahoo.com/nations-breadbasket-latinos-stuck-poverty-120309988.html

On balance, does mom's vegetable picking and resultant low food prices balance out the costs of schooling and medical care for her seven kids and herself?

Women who care about their children's future, use birth control, and so do their sons.

54   zzyzzx   2013 Jun 10, 12:00am  

It's because people in "poverty" in the US have a pretty high standard of living by world standards.

55   zzyzzx   2013 Jun 10, 12:00am  

Blurtman says

On balance, does mom's vegetable picking and resultant low food prices balance out the costs of schooling and medical care for her seven kids and herself?

No.

56   zzyzzx   2013 Jun 10, 12:04am  

Blurtman says

$20,000 a year is poverty level income.

That's the problem! We need to redefine "poverty" to much lower levels to match what they are in other parts of the world.

57   JodyChunder   2013 Jun 10, 2:27pm  

zzyzzx says

It's because people in "poverty" in the US have a pretty high standard of living by world standards.

They really don't. I was in Havana last month, and believe it or not, it's far less terrifying to be marginalized in that country. I'm not saying it's good, but it's worse here in many ways.

58   JodyChunder   2013 Jun 10, 3:14pm  

I was in Havana, Santa Clar and Cienfuegos. I'd been meaning to get back there since I was a young man. I've just always had a soft spot for Cuba, and more specifically, Cuban people -- honestly, the best people I've ever encountered anywhere on the planet, and Jody's logged some miles.

Wanted to get a jump on things before it opens up and there's a Starbucks on every corner!

59   thomaswong.1986   2013 Jun 10, 6:24pm  

JodyChunder says

Wanted to get a jump on things before it opens up and there's a Starbucks on every corner!

what would life be today with out those US financed Havana Casino's and Hotels from the 1930s and 40s.

60   JodyChunder   2013 Jun 13, 5:54pm  

thomaswong.1986 says

what would life be today with out those US financed Havana Casino's and Hotels from the 1930s and 40s.

I'm not sure what you're getting at here, Tom, but to answer your question in my own estimation: better.

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