Yeah extinct because they are dying from lack of medical care

-----Original Message-----
From: Sam [mailto:[email protected]] 
Sent: Tuesday, May 10, 2011 07:18 PM
To: cf-community
Subject: Re: [politics] Charting American Exceptionalism...


Another side note:
The poor in the US were becoming extinct thanks to "trickle down"
Now they are accelerating towards a majority thanks to the new failed
redistribution plan Amazing how much Change can take place in such a small
amount of time.

.


On Tue, May 10, 2011 at 7:09 PM, Medic <[email protected]> wrote:
>
> Side note: It's Posh that spends her money on Becks. She has always 
> had countless times more wealth than he. He is the arm candy in that 
> relationship.
>
>
>
> On Tue, May 10, 2011 at 6:40 PM, Gruss Gott <[email protected]> wrote:
>
>>
>> Judah McAuley <[email protected]> wrote:
>> >
>> > It'll be curious to see how things change as the profile of the MLS 
>> > grows in the US.
>> >
>>
>> It will - it could be called the talent-pay revolution, exacerbated 
>> by credit.
>>
>> This is very likely a key insight into why "trickle down" economics 
>> hasn't worked: as the World has moved from capital-controlled to 
>> talent-controlled we've shifted the capital not to the best 
>> allocators, but to the best talent.
>>
>> The problem there is they can usually only do one thing well and that 
>> usually isn't anything infrastructure can be based on.
>>
>> Example would be Beckham.  He spends his money on Porsches and Posh's 
>> clothes, mostly a consumer activity and nothing that could be used as 
>> a foundation to grow wealth; i.e., his consumption doesn't create 
>> innovation or infrastructure.
>>
>> Further, we really don't need Beckham to enjoy soccer or Immelt to 
>> enjoy GE.  They may be good, but the World's graveyards are full of 
>> indispensable men.  These sports/companies/functions will continue 
>> just fine without them.
>>
>> As wealth becomes more centralized in these few who provide back 
>> little, the ability of the economy to allocate capital to 
>> wealth-building erodes.
>>
>> At some point that trend results in a major economic structural change.
>>



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