I agree Mark, a second income is important. Cold fusion had provided
that for me until recently. Nevertheless, I find that a second income
is not easy to achieve while still having time for anything else. Of
course, giving a course on second income can be a second income.;-) A
friend makes soup and sells it to her neighbors, who fortunately have
enough money to buy soup. Another friend cleans houses, so jobs are
available that can supplement a less than adequate income from a
regular job - so I see your point.
Ed
On Jan 29, 2013, at 12:17 PM, Mark Goldes wrote:
Ed,
This is another reason why Second Incomes not dependent upon jobs or
savings are becoming so important.
When a substantial portion of income,the goal is half by about age
50, is derived from diversified investments - individuals have the
time and money to pursue more of what they want to do, rather then
what they are forced to do by circumstance.
Aesop Institute intends to offer an on-line course about this plan,
and the binary economics invented by Louis Kelso that led him to
develop the Second Income idea. Gary Reber, who will develop the
course, has a website foreconomicjustice.org devoted to the subject.
Second Incomes on the www.aesopinstitute.org website provides
additional information for anyone who might be interested.
Mark
Mark Goldes
Co-Founder, Chava Energy
CEO, Aesop Institute
www.chavaenergy.com
www.aesopinstitute.org
707 861-9070
707 497-3551 fax
________________________________________
From: Edmund Storms [[email protected]]
Sent: Tuesday, January 29, 2013 10:07 AM
To: [email protected]
Cc: Edmund Storms
Subject: Re: [Vo]:Another article about the impact of automation on
employment
On Jan 29, 2013, at 10:57 AM, James Bowery wrote:
The "low wage" argument doesn't wash. The H-1b workers are not
being paid below minimum wage and that's what the un/deremployed
older engineers are getting. What is going on is an individualist
culture is being taken over by, not one, but multiple nepotistic
cultures.
This might be true on a few occasions, but it is not true throughout
the economy based on my experience. I would like to hear from some
people who actually decide whom to hire. Is this conclusion by David
valid?
Ed
On Tue, Jan 29, 2013 at 11:34 AM, Edmund Storms
<[email protected]<mailto:[email protected]>> wrote:
Thanks Jim for making my comment more vivid. The situation is
growing worse and your personal experience is one of many tragic
consequences. The driving force behind hiring is the cost of labor.
People from other countries are cheaper, the young are cheaper, and
the robots are cheaper. This cost is not just salary. The cost of
healthcare, pension, and general overhead is high. As you made
clear, the quality of the person is not what matters in many
industries, only the cost. The standard of living in the US is
adjusting downward and everybody is suffering. When the inflation
being created by the Federal Reserve increases in ernest, our pain
will increase again.
On Jan 29, 2013, at 10:09 AM, James Bowery wrote:
Garbage.
I know lots of US engineers who have been out of work for years and
are not being hired even though they are doing occasional contract
work at what amounts to below minimum wage.
These aren't just any old engineers. They include guys who built
the Internet and have current skills.
Clue: HP spent a half billion dollars on "Internet Chapter 2". Due
to my long history with the Internet (chief architect of AT&T's
foray into electronic newspapers with Knight-Rider 1982 as well as
previously being on the PLATO system programming staff for CDC),
they tried to get me in and I repeatedly declined because what they
said they were doing made no sense and I knew exactly what was
needed for "Internet Chapter 2" having, in my capacity with AT&T,
worked directly with David P. Reed during the time he was authoring
the "End to End Arguments" paper.
I finally agreed to come on board if they would let me have a little
corner of the project -- remember we're talking $500M of risk
capital here -- the largest single lump-sum invested during the
dotcom bubble and it was being invested by Silicon Valley's founding
company.
All I wanted was one guy:. A PhD with a specialty in a branch of
relational mathematics who happened to have the unfortunate
characteristic of being a US citizen.
My request for this consultant was declined but I was offered all
the H-1b visas from India I wanted.
Literally.
Guess what ethnicity was of the guy in charge of that project?
The Fortune 500 is now taken over by India.
On Tue, Jan 29, 2013 at 10:51 AM, Edmund Storms
<[email protected]<mailto:[email protected]>> wrote:
Not just sad but scary because such an apparent lack of education is
revealed in the comments. We all agree that standards have been
lowered for both high-school and college degrees. As a result, many
graduates are qualified only for low skilled jobs. Consequently, a
big push is now underway by companies that have high skilled jobs to
open more visa opportunities for skilled people from other countries
to work here. Naturally, these skilled people are cheaper to hire
than the older skilled people who are already here, which provides
the basic incentive. I fear how the growing number of uneducated
people will vote in the future. The population is almost equally
divided now between people who do not have a clue and people who
still can understand what is happening. The future does not look good.
On Jan 29, 2013, at 8:17 AM, Daniel Rocha wrote:
It's funny and sad to see people in denial in the comments section.
2013/1/29 <[email protected]<mailto:[email protected]>>
Unemployment dropping?
http://jobs.aol.com/articles/2013/01/28/college-educated-over-qualified-study/?icid=maing-grid7%7Cmain5%7Cdl3%7Csec3_lnk2%26pLid%3D262707
--
Daniel Rocha - RJ
[email protected]<mailto:[email protected]>
