These discussions about the rich are starting to sound like generals in WW2, prepared to fight the previous war.
I have not read a single commentator talk about the future problem of being rich: first, as to stocks, the markets are highly correlated - even more so than in the '08 crash. Second, cash held has to be denominated in some nation's currency - which is a big problem since few if any of them can come close to balancing their budgets. Third, gold and silver may plunge along with everything else in a deflationary crash. In summary, if you're at the top of the pyramid, it might be well to consider the many layers that support your position above it all. Instead of the Biblical, 'every man with his own vine and fig tree', I hope we end up with free energy and "Santa Claus" machines for all. ( a Sci Fi reference) ________________________________ From: Jouni Valkonen [mailto:jounivalko...@gmail.com] Sent: Friday, October 05, 2012 12:27 PM To: vortex-l@eskimo.com Subject: Re: [Vo]:Designer of 3-D Printable Gun Has His 3-D Printer Seized hello Jojo, This Guardian article answers on behalf of me to you. You will probably just ignore this article, because it does not fit on your ideology, but still I would appreciate if you would take a look at it. Things are not always as rosy as they are meant to be. It is extremely rare that the richest are hard working entrepreneurs who are creating valuable innovations out of their irreplaceable mind. Mitt Romney and the myth of self-created millionaires The parasitical ultra-rich often deny the role of others in the acquisition of their wealth - and even seek to punish them for it http://www.guardian.co.uk/commentisfree/2012/sep/24/mitt-romney-self-creation-myth No, almost all the very richests are financial speculators who are utilizing loopholes in legislation often by avoiding regulations recycling dirty money through offshore islands. Therefore they are more like criminals, because their contribution does not add value to the society, but is almost always destructive. E.g. Gina gathered huge profit from Australian housing bubble and the ones who paid her profit were common hard working Australian house owners, whom you classified as gluttonous, rebellious and lazy people. I am personally huge fan on Elon Musk, who is the living proof that single person can make the difference. However Elon is extremely rare example of the classical hero of capitalism. There are just not too many of those on the Forbes billionaire list who are also the chief designers of the best rocket ever built, i.e. Falcon 9, that is to be launched for the first commercial operation at this Sunday. I apologize about the political nature of this message, but I would guess that due to elections they should be tolerated if they are not leading into flooding the mailing list. -jouni On 3 October 2012 05:42, Jojo Jaro <jth...@hotmail.com<mailto:jth...@hotmail.com>> wrote: This idea that poverty is the root cause of criminality is at best naive and at worst moronic. This can only come from the liberal minds of socialistic/communistic people who think that "Income Redistribution" is the panacea for all societal ills. My friend, stealing from people who work hard for their income and redistribute it to lazy bums will not cure sociatal ills. You are smarter than to believe in that solution. Let's take a real life example. The United States has more felons and criminals on a per capita basis than any other country in the world, including such 4th world countries like the Philippines who are poverty stricken to the core. The United States is flushed in food and resources and conveniences, and yet manage to produce more criminals and felons than any other country. Please, I would like to hear your explanation why the US has more criminals than the Philippines (on a per capita basis). Jojo PS. The root cause of crime is not poverty. but rather the inherent sin and rebellion in the hearts of a glutonous, rebellious and lazy society. ----- Original Message ----- From: Jouni Valkonen<mailto:jounivalko...@gmail.com> To: vortex-l@eskimo.com<mailto:vortex-l@eskimo.com> Sent: Wednesday, October 03, 2012 9:50 AM Subject: Re: [Vo]:Designer of 3-D Printable Gun Has His 3-D Printer Seized I would think that only way to combat this problem is to eliminate poverty from the society. About 95% of the criminality is due to unjust distribution of wealth. This is not that individual humans would resort into criminality if they fail to find job due to high unemployment rates, but because children are crown in the conditions where no children should be allowed to live. Best way to eliminate poverty is to set zero income level for each individuals into 1000-2000 dollars per month. This can be done quite easily by distributing income more justly. When there is no scarcity of the basic needs, there won't be breeding grounds for violent gangs and violent larger scale religions, because every child will get a proper and free education.
