You mean 401k?

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Post #351,315 by drook 11/26/11 8:35:20 PM Reply	You mean 401k? Read the quote again: The top 10% have 80% to 90% of stocks, bonds, trust funds, and business equity, and over 75% of non-home real estate. There may be 50 times more people who have some money in stocks, but of the total dollar value of the stocks, it's mostly held by the rich. People with money on 401s don't drive investment activity. -- Drew
Post #351,325 by folkert 11/27/11 12:46:24 AM Reply	Yes it does drive... People with money on 401s don't drive investment activity. Yes they do... investment into the "401K's" managers pocket.
Post #351,376 by mmoffitt 11/28/11 10:18:48 AM Reply	Ed Zachary!

Banks contributions to GDP growth were illusory. - (Another Scott) - (41) - Nov. 24, 2011, 09:35:24 AM EST

well I hope that you have a call into Barney Frank's office - (boxley) - (40) - Nov. 24, 2011, 09:42:39 AM EST

We're not saying the same thing. - (Another Scott) - (39) - Nov. 24, 2011, 10:12:05 AM EST

nope they should have been banged flat - (boxley) - (38) - Nov. 24, 2011, 10:21:52 AM EST

We tried that in the 1930s. Didn't work so well. - (Another Scott) - (37) - Nov. 24, 2011, 11:13:44 AM EST

Analogy - (drook) - Nov. 24, 2011, 11:28:24 AM EST

banks would have collapsed system would not - (boxley) - (35) - Nov. 24, 2011, 11:57:39 AM EST

Lookit all that straw - (drook) - (23) - Nov. 24, 2011, 12:07:41 PM EST

Who says that's an exaggeration? -NT - (jake123) - (1) - Nov. 24, 2011, 12:18:38 PM EST

What he said. -NT - (mmoffitt) - Nov. 25, 2011, 08:54:39 AM EST

who is exagerating when fair share is north of 70% of income -NT - (boxley) - (20) - Nov. 25, 2011, 09:45:19 AM EST

You understand what "marginal rate" means, right? -NT - (Another Scott) - (19) - Nov. 25, 2011, 09:46:22 AM EST

Re: You understand what fair is right? -NT - (boxley) - (18) - Nov. 25, 2011, 09:49:55 AM EST

Yes. - (Another Scott) - (17) - Nov. 25, 2011, 10:06:46 AM EST

stale data set - (boxley) - (16) - Nov. 25, 2011, 10:11:44 AM EST

Still a lot higher than the '40s-'70s historical norm. - (Another Scott) - (13) - Nov. 25, 2011, 10:39:55 AM EST

Corporate profits is not individual earnings - (boxley) - (12) - Nov. 25, 2011, 10:45:00 AM EST

"Corporations are people my friend." HTH. -NT - (Another Scott) - (11) - Nov. 25, 2011, 02:32:58 PM EST

mebbe so, never saw one shopping at walmart tho -NT - (boxley) - (10) - Nov. 25, 2011, 02:37:54 PM EST

They shop at Nieman-Marcus. - (Another Scott) - (9) - Nov. 25, 2011, 02:43:38 PM EST

go to management sure - (boxley) - (8) - Nov. 25, 2011, 02:51:01 PM EST

You're making a nice impression of a brick wall today. - (Another Scott) - (7) - Nov. 25, 2011, 02:59:17 PM EST

you brought up shareholders by and large shareholders are us -NT - (boxley) - (6) - Nov. 25, 2011, 03:22:09 PM EST

Wrong - (drook) - (5) - Nov. 25, 2011, 11:59:01 PM EST

Hey, maybe he's REALLY rich and we didn't know! - (crazy) - Nov. 26, 2011, 06:51:43 AM EST

do you have a 101k? - (boxley) - (3) - Nov. 26, 2011, 04:47:20 PM EST

You mean 401k? - (drook) - (2) - Nov. 26, 2011, 08:35:20 PM EST

Yes it does drive... - (folkert) - (1) - Nov. 27, 2011, 12:46:24 AM EST

Ed Zachary! -NT - (mmoffitt) - Nov. 28, 2011, 10:18:48 AM EST

Sure, measure from the peak - (drook) - (1) - Nov. 25, 2011, 01:08:38 PM EST

sure, stop measuring at the peak - (boxley) - Nov. 25, 2011, 01:19:40 PM EST

The Fed gave the banks $16T in accounting entries. - (Another Scott) - (10) - Nov. 24, 2011, 12:33:13 PM EST

Heh. "Real money" We don't have that anymore. - (mmoffitt) - (9) - Nov. 25, 2011, 08:55:35 AM EST

Yup. - (Another Scott) - (8) - Nov. 25, 2011, 09:44:43 AM EST

From your link, wtf? - (mmoffitt) - (7) - Nov. 25, 2011, 11:55:37 AM EST

remember the movie popeye? - (boxley) - (1) - Nov. 25, 2011, 12:13:14 PM EST

I remember what Chase actually did to me. -NT - (mmoffitt) - Nov. 28, 2011, 10:21:40 AM EST

You paid cash for your car? - (drook) - (4) - Nov. 25, 2011, 01:01:42 PM EST

Yes, I did. And at one point - (crazy) - (2) - Nov. 25, 2011, 03:31:02 PM EST

thats the way po' folks do it -NT - (boxley) - (1) - Nov. 25, 2011, 06:41:36 PM EST

Yeah, well - (crazy) - Nov. 26, 2011, 07:01:19 AM EST

The last car I bought, I did. - (mmoffitt) - Nov. 28, 2011, 10:17:10 AM EST

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