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FrznagnSindigonotspammingCy85elzarcothepale Recent comment authors
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#makecasemdsgreatagain
Member

maybe you should get of your lazy asses and get a job

oneofus
Member

And the award for Totally Missing the Point goes to…. you! come on! take a bow!

elzarcothepale
Member

yeah, but that’s a retarded sign. . .

oneofus
Member

But… but… it lets me pretend I actually know whats going on :'(

outlanderssc
Member

Anyone who says “get a job” is clueless about the economy in 2011.

Frznagn
Member

If you’re smart and can make a lot of money, doesn’t it make more sense that you keep doing it? If you’re poor and/or stupid, yet you can make money than some smart person on wall street (with a degree from a fancy-dancy college), then isn’t something wrong? If you’re smart and poor, how can you be expected to make money hand over fist like some rich fat-cat? Basically, if you’re smart and made money then you’ll continue doing so. If you’re ignorant and can’t make money (or lose more than you make), then you’ll probably continue to do so.… Read more »

elzarcothepale
Member

Hate it when I see poor people with big tv’s. The people stocking up for a lean winter is a different kind of issue. A proper investment of that money is basically useless to them for years. The problem might be one of education, in that one of the reasons those poor people don’t spend the money wisely is because they have no idea that’s even possible. With no idea how investments work, they see the stock market like it’s a craps table with rules that change all the time. Even if they, like me, know enough to know that… Read more »

Frznagn
Member

Education is critical, and I left that part out. My public school kid learned lots on social issues, native american issues… but financial management? Hardly. It’s so nice to see them coming home and telling you that you are a druggie because you drink caffeine, or I’m bad because I don’t recycle, and how bad white people treated the natives here…. Yup, that’ll help him get a job and keep him from being poor.

outlanderssc
Member

You ARE bad for not recycling and the white people DID treat the natives poorly – but that’s beside the point. And as for finance in school, they do teach it in public colleges – in grammar and high school they teach the basic math and statistics you need to get any use out of the finance classes. Plus, without a good working background in history and social sciences you’re going to get screwed big time as an investor. And as I remember the PFD (Alaska Permanent Fund Dividend) isn’t welfare, it’s an investment program run by the state through… Read more »

elzarcothepale
Member

my step one solution to the issue being discussed here is financial education as early as is reasonable. Offering it in college courses is good, but those aren’t mandatory courses, so attendance outside of business majors would be negligible not to mention the fact that students IN college are usually financially boned these days anyway. I’ve got like 8 grand in debt- lightweight, due to the fact that I started paying as I went, working 40’s and squeezing classes all into the other two days of the week. Loans for 4 years at an in-state? Better be an engineer, or… Read more »

Cy85
Member

@elzarcothepale While more people are complaining about the class gap at this point (the whole 99% versus 1%), regulation that was cut in the 1990s played a large part in so much capital bleeding from the investment markets. Protective legislation IS needed to remedy a lot of gaping holes in investment and lending, or this will be a recurrent issue. Additionally, more jobs being available means the government must either “incentivize” or outright require U.S.-based corporations to have so many production factories/jobs here if they wish to work within the Federal tax and legal structure. At the same time, our… Read more »

Frznagn
Member

It does no good to recycle if they have no place that recycles. They pile up the stuff they collect and sell it if the price is high enough. I don’t believe there are any places in Alaska that process recycled goods, we just ship it to the lower 48. And how expensive is that? And as for the treatment of natives, that was long before my time. It’s not fair to blame me for the actions of generations ago. I never said the PFD was welfare. It was an example of what happens when you give free money to… Read more »

Sindigo
Guest
Sindigo

Don’t blame the school. You’re the parent, your kid’s education is your responsibility.

Frznagn
Member

My examples pointed out that the school system teaches a lot of stuff that just doesn’t help in getting employment. The time could be used better for more important matters. And I did take the time to teach valuable subjects. Also, that’s why my other three kids were home-schooled. Just because I complain about the school system, it doesn’t mean I didn’t do anything about it. Funny though, I thought the purpose of the education system was to teach my kid. Who knew it was just a glorified daycare center and I really had to do the teaching? Nice to… Read more »

notspamming
Member

The main problem is human nature: short-sighted greed (I need moar, so I get loan, for my loan, so I can buy that 99″ full HD TV), envy (his company is doing better than mine ?! Fuck him up !), etc.
No amount of education can fix that.