tag:blogger.com,1999:blog-4102429195693595750.post7603205732945884170..comments2024-03-22T05:15:17.042+02:00Comments on Sudden Debt: The Peoples' Slice Of The PieHellasioushttp://www.blogger.com/profile/03564511281240682625noreply@blogger.comBlogger10125tag:blogger.com,1999:blog-4102429195693595750.post-20385759557140732122010-10-19T03:41:50.417+03:002010-10-19T03:41:50.417+03:00This is a wonderful post. The things given are una...This is a wonderful post. The things given are unanimous and needs to be appreciated by everyone.<br />--------<br />dwilson1707<br /><a href="http://www.debtukadvice.com" rel="nofollow">Debt Relief</a>jhonsprite17https://www.blogger.com/profile/17310853994075516819noreply@blogger.comtag:blogger.com,1999:blog-4102429195693595750.post-77838526364157534552010-10-18T17:22:24.581+03:002010-10-18T17:22:24.581+03:00I have to agree with you that people working are g...I have to agree with you that people working are getting smaller slice of the economic pie. Worse, with the economic crisis going on, many are starting to lose their work resulting to massive unemployment. It is not surprising that many have incurred debts. This is not surprising especially if they know not how to manage their debt problems.Jawad Rathorehttp://ca.linkedin.com/in/ijrathorenoreply@blogger.comtag:blogger.com,1999:blog-4102429195693595750.post-21147372954746771112010-10-14T11:38:44.395+03:002010-10-14T11:38:44.395+03:00could that to some extent answer your question:
h...could that to some extent answer your question:<br /><br />http://globaleconomicanalysis.blogspot.com/2005/05/grossly-distorted-procedures.htmlbbhttps://www.blogger.com/profile/04482856896314696257noreply@blogger.comtag:blogger.com,1999:blog-4102429195693595750.post-9698083707889411552010-10-13T20:24:08.046+03:002010-10-13T20:24:08.046+03:00Hot off the presses..
Eight out of ten refineries ...Hot off the presses..<br />Eight out of ten refineries are now on strike in France.<br />Gas should start getting scarce early next week.<br />Anybody... CARE TO JOIN US ??<br />There's.. SAFETY AND SOLIDARITY IN NUMBERS...<br />WE're... fighting for the future of WORK.<br />And YOU ??<br />When are YOU going to start fighting ?<br />(My apologies to those who are already fighting...)Debrahttps://www.blogger.com/profile/01510189619803992336noreply@blogger.comtag:blogger.com,1999:blog-4102429195693595750.post-80486197487252984362010-10-13T04:19:27.257+03:002010-10-13T04:19:27.257+03:00I just put up a post on my blog: Machiavellian Eco...I just put up a post on my blog: <a href="http://satellitesky.blogspot.com/2010/10/machiavellian-economics.html" rel="nofollow">Machiavellian Economics</a> (my first post of substance since 2008).OkieLawyerhttps://www.blogger.com/profile/17071917464425173379noreply@blogger.comtag:blogger.com,1999:blog-4102429195693595750.post-60413023812248212612010-10-13T01:49:58.484+03:002010-10-13T01:49:58.484+03:00smaller pie and inflated away per mouse click... c...smaller pie and inflated away per mouse click... criminal!Anonymoushttp://themacronavigator.blogspot.comnoreply@blogger.comtag:blogger.com,1999:blog-4102429195693595750.post-39083023167487960672010-10-12T18:25:33.398+03:002010-10-12T18:25:33.398+03:00Spending YOURSELF into existence ?
That's call...Spending YOURSELF into existence ?<br />That's called... idolatry of money.<br />OUR old testament prophets warned US about the dangers of trying to spend ourselves into existence...<br />Every three or four generations, Israel (or the U.S.) finds God. The next two or three generations are spent losing God in buying and selling.<br />The bottom falls out.<br />WE the people find God again, and SWEAR THIS WILL NEVER HAPPEN AGAIN.<br />Then we the people go back to buying and selling, etc etc, and the whole shebang starts up again..<br />Sigh..<br />See why I say that the ducks are smarter than we are ?<br />Some pretty tough ideological choices coming up here. IN MY OPINION, this is all about retirement, anyway...<br />What kind of a society do you want to live in ?<br />One where.. people stow their stash under the mattress and wait seventy years in order to be able to spend it (metaphorically speaking, of course..) under the mistaken impression that everyone CAN and MUST take care of number 1, and ONLY number 1, or<br />One where people are exchanging, sharing skills, money, commodities, and HAVE FAITH that they can count on a HUMANE social body to ensure that they not be thrown to the dogs (or gassed...) when they can no longer WORK to put meat and potatoes on the table. <br />Society number one has decided that NO FAITH is necessary to get anything accomplished in it. It is constantly lobbying for independance, competition, a dog eat dog relation between its members.<br />Society number two recognizes that we depend on our neighbor, and that we need to be able to have faith in others in order to survive.<br />WHICH ONE DO YOU WANT TO LIVE IN ?<br />(Number 1 is falling apart pretty quickly right now, from my perspective...)Debrahttps://www.blogger.com/profile/01510189619803992336noreply@blogger.comtag:blogger.com,1999:blog-4102429195693595750.post-689810206950131412010-10-11T21:18:40.899+03:002010-10-11T21:18:40.899+03:00Debra says:
"We have been busy sticking a ne...Debra says:<br /><br />"We have been busy sticking a new aristocracy in place. One with NO ideological obligations. One whose idol is money."<br /><br />That's a solid metaphysic for you. <br /><br />I have more money than everyone else, therefore I am.JPhttps://www.blogger.com/profile/11126071014909954387noreply@blogger.comtag:blogger.com,1999:blog-4102429195693595750.post-17286902423461396582010-10-11T21:12:33.865+03:002010-10-11T21:12:33.865+03:00People generally save for retirement.
$700,000 is...People generally save for retirement.<br /><br />$700,000 isn't that much in retirement-world in terms of assets, particularly when your assets are returning 0%, which is actually above the 10-year annualized return for the S&P 500.<br /><br />And dividends are what, 2%?<br /><br />Everything is yielding 2% these days and all retirees are spending down their assets.<br /><br />Pensions are about to go bust.<br /><br />I think this "problem" is an artifact and will resolve itself (badly) in the future.JPhttps://www.blogger.com/profile/11126071014909954387noreply@blogger.comtag:blogger.com,1999:blog-4102429195693595750.post-72677788449730342552010-10-11T19:42:56.773+03:002010-10-11T19:42:56.773+03:00Holing up in sanatoriums for TB ?
Why not ? At lea...Holing up in sanatoriums for TB ?<br />Why not ? At least LOTS OF PEOPLE got to breathe fresh air in the mountains (well, those with money. The poor rotted in the slums and died in squalid conditions.).<br />I like what you have written about transforming salaries, etc into assets/debts.<br />But think about it...<br />The idea of WORK, and salary indicates a certain DYNAMIC, and more complex social relationships. These ideas are much less REDUCTIONIST that the ideas of assets/debts which correspond perfectly to the BINARY accounting sheets. JUST NUMBERS. <br />We have been busy making our world look like the computers we have constructed. We have been busy making our language sound like computer speak.<br />We are reaping what we have sown.<br />I should remind you that SALARIED work is relatively recent in human history. And hourly paid salaried work is REALLY RECENT.<br />I keep saying that this crisis is truly about work.<br />What IS it ?<br />What's it.. FOR ?<br />How much is it.. WORTH to us ?<br />How are we going to decide how much, and what something/work is WORTH ?<br />Big, big questions.<br />We have been busy sticking a new aristocracy in place. One with NO ideological obligations. One whose idol is money.<br />Bad deal.Debrahttps://www.blogger.com/profile/01510189619803992336noreply@blogger.com