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| The economy, is it good or bad. (Page 112/181) |
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84Bill
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DEC 28, 09:04 AM
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| quote | Originally posted by Formula88:
This has happened frequently when during wartime, and we finally went off the commodity backed standard completely.
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Which meant congress would need to think LONG and HARD about engaging in war. The population could support the war by buying "war bonds" which would mean congress again would need to do a lot of bond drives to sell war to the population... which BTW it doesn't need to do anymore. Congress can start a war and have it run indefinitely, industries who build war machines can get piles and piles of money for a tank that costs a few million dollars but is equal to nothing tangable but the tank itself and can be reduced to fragments on a battle field with no great loss to anyone.
The dollar is now fully adjustable / inflatable or deflatable based on the volume of "dollars" or junk in circulation. And the CEO's can horde millions and millions and millions x 68 in a single bonus and lets not forget the people can be taxed due to a rise in the COL as people need to make MORE money to live on which are a result of the governments desire to start wars and maintain active hostilities throughout the world putting the american population in general under constant threat of 9/11 or pearl harbor types of attack for pissing off foreign natives.
A monetary standard avoided all of this nonsense and kept us safe.
Why We Fight Watch this video.[This message has been edited by 84Bill (edited 12-28-2007).]
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84Bill
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DEC 28, 09:30 AM
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| quote | Originally posted by Formula88:
This has upsides in allowing for business and economy expansion. More jobs, better income.
The downside is it's typically done by increasing government debt and the value of the currency tends to decline.
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Actually the downside is in that a company may only need to pay a few specialized people and can have more automation to build a tank or car and sell it for a million dollars. The company doesnt need to spread out the money it makes on its worthless products on a bunch of peons but instead can make them really cheaply and pass the profits up the org chart. The problem would then be the cost of "specialized labor unions" or monkeys turning a ratchet and mandated minimum wage which we all know aint didly effin squat unless you plan on living in a box on a street corner.
The population wont care as long as it has the "money" or credit to replace an inferior product the company makes so about all a company needs to do is balance quality with reliability and set a price anywhere it wants t. IF inflation rises then the company ceo may not get his bonus and the company may need to cut back or raise prices which the unions would demand more money causing more inflation, hell just raise the prices and screw the U.S. population... let them eat cake.
Again a monetary standard avoids all this nonsense of the dog chasing its own tail.
People would demand reliability and things would need to be maintained for a longer period of time. This "worthless" disposable product would need to last longer and it would have a real value. Companies would need to hire more people at lower rates in order to keep real "money" in circulation instead of products which have no value at all but do only in volume and sheer output of junk only but at least everyone would have a job instead of a machine which does it for them for less.[This message has been edited by 84Bill (edited 12-28-2007).]
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Formula88
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DEC 28, 11:00 AM
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You're the only person I've ever seen make a direct connection between industry automation and the gold standard. 
Either you've missed something or you're an economic genius and you need to get Bernake on the phone and give him some pointers.
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84Bill
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DEC 28, 11:21 AM
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| quote | Originally posted by Formula88:
You're the only person I've ever seen make a direct connection between industry automation and the gold standard.
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Well lets face it. If you have a limited supply of gold and you need to make sure the people have it to live on then you need to limit HOW MUCH any one person can have to keep it going, keep it moving, keep the U.S. population alive and eating. Base money on a clamshell called a dollar which is based and a series of complex formulas and the value of products sold and volume then companies can be picky about who they hire, who eats and who doesnt and how much they might be willing to give and to whom in the company gets the biggest slice.
The "industrial revolution" has proven that if there isnt enough in circulation the people get desperate for jobs and money. Thats why labor unions were formed. Labor unions mean companies must pay the "specialized" "skilled" peons more. Companies don't want to spend money on peons, they just ant peons to spend money buying their products so if they can get rid of a peon and replace it with an electric bill which only cost a few pennies per kilowatt hr.. guess what? Peons arent needed and that 7.50 per hr + retirement and benefits - a few pennies for the kilowatts per hr. goes up the org chart to the top dogs. The rest of us can go pick cotton... oh wait, thats mechanized too.. Maybe just sit back and collect a welfare check and sell dope.. oh wait.. cant do that either. Maybe we can compete with the Mexican slaves.. Yeah yeah.. thats it slave labor.
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Either you've missed something or you're an economic genius and you need to get Bernake on the phone and give him some pointers. |
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Bernake is a banker who doesn't even give two shakes of a rats ass about the American population. His goals are to maintain the banking industry, not the peoples rights to Life, Liberty and Pursuit of happiness.
And you are correct, I dont miss very much because I'm doing exactly what the founders of this country advised me to do. Remain ever vigilant, watch the government, control the government, speak out, make it as difficult as possible for the government to strip away rights.
In addition, there is a very fine line between genius and crazy so dont blurr it Mr. Democracy. You see that way I wont look like I require a work shirt with 40 inch sleeves and everyone remains relatively happy in the Constitutional Republic of the United States of America instead of a fascists dreamland of endless ways to screw the people out of anything and everything including their Life, Liberty and Pursuit of happiness.
It's my duty as a citizen and as thankless a job as it is, I will never stop till I'm in a hole in the ground.[This message has been edited by 84Bill (edited 12-28-2007).]
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Formula88
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DEC 28, 12:37 PM
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Industry is going to try to maximize profits however possible. I don't see how the monetary standard would have much of an impact, other than how available credit might be for investment in the business. That could be investement in either machinery or manpower.
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84Bill
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DEC 28, 01:14 PM
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| quote | Originally posted by Formula88:
Industry is going to try to maximize profits however possible. I don't see how the monetary standard would have much of an impact, other than how available credit might be for investment in the business. That could be investment in either machinery or manpower. |
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People need money, companies need people to buy their products, companies dont need people to make them because people are expensive to maintain. So this is where the "industrial revolution" comes into play.
Once america started industrializing and the Rockefeller's and Straus's started locking up money it meant the company had less to give to the peons and there want enough money in circulation, the market investor wanted more money, more greed, not 1000 dollars but 10,000 more dollars, he needed money to buy shares but there wasn't any available so he used "credit" mine mine mine, more more more!! CRASH@! It was a credit crash that SUCKED up every real dollar America had except for the FILTHY RICH. The Rockefeller's donated VAST fortunes to the people because they HAD TO. The next time the system crashes only gold will save your ass and that "thug" with his pants hanging off his ass and all them gold chains and teeth may be your next boss.
Bankers had a better ideal for America... We will move from gold to silver then from silver to nothing and the markets will never crash again and we can have bazillions and bazillions of dollars.. so they hope but the problem is inflation and they control it by releasing money to.. Who?
Companies hate paying out, the only want income so they find better ways of "streamlining" until theres just a few "people" left. They still sell the product for the same price or more but there is less overhead. Companies like that.. a LOT! Greed money money money, more more more. The government would have to step in and unlock some cash but as demonstrated very clearly there are people who feel greed is acceptable, it is "socialist" to take money from the Rockefeller's and Straus's. Bad government BAD! Socialism BAD! my money!
Problem is those money pigs sucked it all up, fired peons but were FORCED to replaced them with a Union labor which they had no choice as the peoples REPUBLIC was pissed off as hell about getting paid sh!t which was about the only way a peon could get a paycheck all the while the Rockefeller's and Straus's lived like a monarchy in America.
This is a picture of Harland and Wolff's draftsmen who designed the Olympic class ships. They employed hundreds of designers and drafters who were all skilled workers.
Today its replaced by 1 computer, 1 guy and a printer which doesn't cost didly effin squat. The ship still costs the same if not more, the labor has been reduced to a hand full of welders and a bunch of machines and the CEO can get a really nice multi thouisand dollar an our job doing nothing but playing a few rounds of golf.[This message has been edited by 84Bill (edited 12-28-2007).]
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84Bill
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DEC 28, 01:36 PM
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other than how available credit might be for investment in the business.
They no longer need to "invest" in the American peon and instead can post bazillion dollar profits which means they can make a bazillion dollars more selling shares in the company. All this while the American peon starves to death and demands cheaper products.
A standard would require the company to spend money on the population it employs or the Republic will revolt and demand better working and wages and piss and moan about the elite class which it does anyway. It ensures the economy remains level and balanced for everyone.
Right now the only thing anyone ever says is "got get a menial Job" "be a slave" and with any luck you might make a living... as long as the stock market is doing well and inflation is under control. If it suddenly rises unexpectedly then just buck up little camper and bite down on this bullet while we saw your arm off to pay your loan.
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84fiero123
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DEC 28, 09:17 PM
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Home Sales Plunge, Feed Recession Fears

Friday December 28, 4:52 PM EST
WASHINGTON (AP) — The housing market plunged deeper into despair last month, with sales of new homes plummeting to their lowest level in more than 12 years.
The slump worsened even more than most analysts expected, heightening fears that the country might be thrust into a recession.
New-home sales tumbled 9 percent in November from October to a seasonally adjusted annual sales pace of 647,000, the Commerce Department reported Friday. That was the worst sales pace since April 1995.
"It was ugly," declared Richard Yamarone, economist at Argus Research. "It is the one sector of the economy that doesn't show any signs of life. It doesn't look like there is any resuscitation in store for housing over the next year," he said.
The housing picture turned out to be more grim than most anticipated. Many economists were predicting sales to decline by 1.8 percent to a pace of 715,000.
By region, sales fell in all parts of the country, except for the West.
In the Midwest, new-home sales plunged 27.6 percent in November from October. Sales dropped 19.3 percent in the Northeast and fell 6.4 percent in the South. In the West, however, sales rose 4 percent.
Over the last 12 months, new-home sales nationwide have tumbled by 34.4 percent, the biggest annual slide since early 1991, and stark evidence of the painful collapse in the once high-flying housing market.
http://money.excite.com/jsp...ews_id=ap-d8tqn17g2&
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Technology is great when it works,
and one big pain in the ass when it doesn't.
Detroit iron rules all the rest are just toys.
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Phranc
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DEC 28, 09:25 PM
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Its WINTER home sales always plunge in winter. Every year. Every winter. Notice the numbers too. Its worse where its coldest. [This message has been edited by Phranc (edited 12-28-2007).]
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84fiero123
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DEC 28, 09:28 PM
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| quote | Originally posted by Phranc:
Its WINTER home sales always plunge in winter. Every year. Every winter. Notice the numbers too. Its worse where its coldest.
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Keep telling yourself that.------------------
Technology is great when it works,
and one big pain in the ass when it doesn't.
Detroit iron rules all the rest are just toys.
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