On Sun, Mar 13, 2011 at 7:20 AM, Sam <[email protected]> wrote: > > Wow, dude get out of Northern Cali. > > BTW, $800 billion went to friends of the regime. It didn't stop anything. >
Spending money isn't the answer. Under the current set of rules, there will be very little job creation in the next two decades in this country. There are simply too many poor people to be exploited around the world to bother investing in the United States. That's not me saying that. That's the CEO of every major corporation in this country. Maybe they don't put it like that, but that's exactly the situation. So we're going to have a graying population hoarding resources in the form of entitlements with their vote, a poor, disaffected, chronically underemployed youth, and a rich elite that uses the political system as the means to employ a divide and conquer strategy on the population - pitting young against old, white against black, and Christians against pretty much everyone who doesn't agree with them. Oh wait, that's already the situation in this country. The best feature of capitalism is what? Assigning value as a means of efficiently allocating scare resources. Unfortunately, legal systems throughout the world have been used to varying degrees to radically distort how value is assigned. Unless that distortion is corrected, we're all screwed. Like Vivec said, the instability we're seeing around the world is a result of exactly this kind of situation, and it is coming to our shores. You think the political leadership in this country doesn't know exactly what is going on? Of course they know. And they have no idea how to fix it, because they still fundamentally believe in the current system, in the laws they passed, the policies they supported. Ted Kennedy was quoted by a family member as saying he hoped he was gone by the time the whole thing came crashing down. Remember that? Union leaders in the auto industry have admitted that they are fighting a "rearguard action", which means to me they are just trying to protect their current members while the whole system crumbles. This is the same reason people have become obsessed with fame and get-rich-quick schemes. Even if they have not admitted it to themselves, lots of people have decided subconsciously that if they are not rich they are going to be poor. What they don't realize is that being rich isn't going to save them, because the whole system is going to collapse. One day China is going to stop buying our bonds. On that day, we're cooked. And it's going to happen a lot more quickly, and suddenly, than people realize. I hope I'm wrong and someone figures out how to right the ship of state before the collapse, I just don't see it happening. ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~| Order the Adobe Coldfusion Anthology now! http://www.amazon.com/Adobe-Coldfusion-Anthology/dp/1430272155/?tag=houseoffusion Archive: http://www.houseoffusion.com/groups/cf-community/message.cfm/messageid:335043 Subscription: http://www.houseoffusion.com/groups/cf-community/subscribe.cfm Unsubscribe: http://www.houseoffusion.com/groups/cf-community/unsubscribe.cfm
