InvestorsHub Logo
Followers 72
Posts 101476
Boards Moderated 3
Alias Born 08/01/2006

Re: StephanieVanbryce post# 197206

Sunday, 01/20/2013 12:10:11 AM

Sunday, January 20, 2013 12:10:11 AM

Post# of 485146
Frank Towns: Why give people false hope?

Liddle: Come on man. Most people spend their whole lives hanging on to hopes and dreams that are never going to come true but they hold on to them. Why are you going to give up on them now when you need them most?

Frank Towns: You are assuming I'm one of those people who has hopes and dreams.

Liddle: I find it hard to believe that a man who learns to fly never had a dream.

Frank Towns: Look, how can I let those people build that plane when I don't believe it will work? And, every day they waste trying to build it brings them one day closer to dying.

Liddle: I think a man only needs one thing in life. He just needs someone to love. If you can't give him that, then give him something to hope for. And if you can't give him that, just give him something to do.

[James tosses the water bottle back to Frank and walks away]

Frank Towns: James, you'll never make it.

Liddle: Then I'll die trying. There are people counting on me.

Frank Towns: Okay, Okay, Okay. Okay. We'll build it. Just come back with me.

Flight of the Phoenix (2004)

http://www.imdb.com/title/tt0377062/quotes

.. squabbles of leadership, of 'inequality', rose and fell, and passed .. much anger, then common sense, past experience, dedication to the common good kicked in .. in the end they worked together in that deadly, dangerous and heated land .. it would have been impossible without huge contribution of a solid 'middle class' .. without opportunity .. without HOPE .. they rebuilt and flew again ..

any dolt must understand by now spending is key ..

"There are four major reasons inequality is squelching our recovery. The most immediate is that our middle class is too weak to support the consumer spending that has historically driven our economic growth. While the top 1 percent of income earners took home 93 percent of the growth in incomes in 2010, the households in the middle — who are most likely to spend their incomes rather than save them and who are, in a sense, the true job creators — have lower household incomes, adjusted for inflation, than they did in 1996. The growth in the decade before the crisis was unsustainable — it was reliant on the bottom 80 percent consuming about 110 percent of their income."

a sensible revenue stream is essential for sustainable long term government spending on education,
health, research and infrastructure .. consumer spending? .. Nick Hanauer, said it as none of us could ..

rooster - read Nick Hanauer's .. Raise Taxes on Rich to Reward True Job Creators:

I’m a very rich person. As an entrepreneur and venture capitalist, I’ve started or helped get off the ground dozens of companies in industries including manufacturing, retail, medical services, the Internet and software. I founded the Internet media company aQuantive Inc., which was acquired by Microsoft Corp. (MSFT) in 2007 for $6.4 billion. I was also the first non-family investor in Amazon.com Inc. (AMZN)

Even so, I’ve never been a “job creator.” I can start a business based on a great idea, and initially hire dozens or hundreds of people. But if no one can afford to buy what I have to sell, my business will soon fail and all those jobs will evaporate.

That’s why I can say with confidence that rich people don’t create jobs, nor do businesses, large or small. What does lead to more employment is the feedback loop between customers and businesses. And only consumers can set in motion a virtuous cycle that allows companies to survive and thrive and business owners to hire. An ordinary middle-class consumer is far more of a job creator than I ever have been or ever will be.

continued: http://investorshub.advfn.com/boards/read_msg.aspx?message_id=69590223 ..
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=80287856

Note: Hanauer was snuggled into one of F6's mammoths .. lol .. the link is in there someplace .. :)









It was Plato who said, “He, O men, is the wisest, who like Socrates, knows that his wisdom is in truth worth nothing”

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.