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There seems to be a major disconnect in the US culture
between the concepts of "money" and "value". As part of that, there is a disconnection between the concept of "creating value for other people" and the concept of "job". within the boundaries of my property I have an enormous amount of tasks that I'd like to get accomplished ... splitting firewood, cutting kindling, planing lumber, tearing out old carpet and cutting and nailing pieces of parquet ... etc etc ... I can't find people interested in doing it ... all these "unemployed" people that the press keeps talking about want to be personal managers or website builders or massage therapists or, at best, warehouse supervisors ... no one wants to actually do work, they just want paychecks ... so our government is paying them to do nothing but drive around all day ... now the press is arguing that the money that the US treasury is printing and spending is less than the money lost in the crash last year, and therefore is not inflationary ... but paying people to not work still degenerates value, there are still fewer goods and less services being performed for people so wealth is still declining, and inflation is still happening. Rating :
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Messages in Topic
| Subject | Author | Rating | Time of Post (ET) | ||
|---|---|---|---|---|---|
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despite the high oil price? The big Canadian companies ...
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ngmarket | Rate it | 5-Nov-09 03:53 pm | ||
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Very interesting to see the shorties show up.
V...
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rhjl2272 | Rate it | 5-Nov-09 06:58 pm | ||
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When will we hear about the third quarter ear...
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janesache | Rate it | 5-Nov-09 10:12 pm | ||
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74 cents. decent. very, very respectab...
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chistletoe1 | Rate it | 6-Nov-09 05:35 am | ||
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upgrades need to come fast here.
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johndap | Rate it | 6-Nov-09 08:54 am | ||
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this is a good company. strong earnings and good o...
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rahooligan | Rate it | 6-Nov-09 09:04 am | ||
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All the press releases say net income was 70 ...
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desk_pounde... | (1 Rating) | 6-Nov-09 09:51 am | ||
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The media was positive on the report and...
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ngmarket | Rate it | 6-Nov-09 10:19 am | ||
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I don't understand this reaction to...
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chistletoe1 | Rate it | 6-Nov-09 10:44 am | ||
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Chiz- the market shook of the ...
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rhjl2272 | Rate it | 6-Nov-09 07:17 pm | ||
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If you are of a Malthusia...
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rhjl2272 | Rate it | 6-Nov-09 08:09 pm | ||
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"Frankly, I doubt th...
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desk_pounde... | Rate it | 7-Nov-09 07:02 pm | ||
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...
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rhjl2272 | Rate it | 7-Nov-09 08:49 pm | ||
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warning: sermon
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chistletoe1 | Not rated | 8-Nov-09 08:49 am | ||
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"no one wa...
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desk_pounde... | Rate it | 8-Nov-09 04:13 pm | ||
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the g...
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chistletoe1 | Rate it | 8-Nov-09 04:41 pm | ||
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and b...
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chistletoe1 | Rate it | 8-Nov-09 04:44 pm | ||
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Here is an...
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rhjl2272 | Rate it | 8-Nov-09 06:26 pm | ||
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...
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brnoil | Rate it | 8-Nov-09 07:09 pm | ||
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ANd while ...
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rhjl2272 | Rate it | 8-Nov-09 06:27 pm | ||
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>There see...
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ferret_badg... | Rate it | 8-Nov-09 11:50 pm | ||
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"Now it is sinking and this happens...
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desk_pounde... | Rate it | 6-Nov-09 11:10 am | ||
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well, so then what do you do w...
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chistletoe1 | Rate it | 9-Nov-09 08:37 am | ||
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"(I'm not trying to justi...
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desk_pounde... | Rate it | 9-Nov-09 02:23 pm | ||
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I can't be too bothered w...
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brnoil | Rate it | 9-Nov-09 03:40 pm | ||
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Only thing I can think that you didn't m...
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brnoil | Rate it | 6-Nov-09 04:03 pm | ||
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20 cents (op income) vs. 70 cents (...
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desk_pounde... | Rate it | 6-Nov-09 04:15 pm |
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