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Author: Jerry KrausJerry Kraus Date: Feb 12, 2008 07:28
Now that Generalissimo George Bush has pushed through his "stimulus
package" -- basically, shuffling around 1%% of our annual GDP from the
government's coffers to the hot hands of tax-paying individuals -- we
must ask ourselves what effect, exactly, this is likely to have. As I
speak, the stock market is up 200 ooints on the cheering news that
Warren Buffet -- the richest professional investor in the world -- is,
not surprisingingly, willing to put up his substantial forturne to try
to prevent the bond market from collapsing completely.
Simultaneously, major auto makers and Swiss banks are announcing
massive corporate losses.
Now, the problem with the world economy is, of course, that there are
no markets left, there are no consumers left, because the wealth has
become too concentrated in the hands of too few individuals, largely
through the efforts of neoconservative loons like Generalissimo Bush.
So, how likely is it that shuffling around 1%% of our GDP is likely to
significantly change this state of affairs? Not very, I would
submit. Nor can Warren Buffet, on his own, stem the tide for long.
Although, he may be Wall Street's greatest hero, and his efforts may
cheer investors for a time.
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Author: TaylorTaylor Date: Feb 12, 2008 08:26
> Now that Generalissimo George Bush has pushed through his "stimulus
> package" -- basically, shuffling around 1%% of our annual GDP from the
> government's coffers to the hot hands of tax-paying individuals -- we
> must ask ourselves what effect, exactly, this is likely to have. As I
> speak, the stock market is up 200 ooints on the cheering news that
> Warren Buffet -- the richest professional investor in the world -- is,
> not surprisingingly, willing to put up his substantial forturne to try
> to prevent the bond market from collapsing completely.
> Simultaneously, major auto makers and Swiss banks are announcing
> massive corporate losses.
>
> Now, the problem with the world economy is, of course, that there are
> no markets left, there are no consumers left, because the wealth has
> become too concentrated in the hands of too few individuals, largely
> through the efforts of neoconservative loons like Generalissimo Bush.
> So, how likely is it that shuffling around 1%% of our GDP is likely to
> significantly change this state of affairs? Not very, I would
> submit. Nor can Warren Buffet, on his own, stem the tide for long. ...
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Author: Jerry KrausJerry Kraus Date: Feb 12, 2008 08:36
On Feb 12, 10:26 am, "Taylor" nospam2me.com> wrote:
>> Now that Generalissimo George Bush has pushed through his "stimulus
>> package" -- basically, shuffling around 1%% of our annual GDP from the
>> government's coffers to the hot hands of tax-paying individuals -- we
>> must ask ourselves what effect, exactly, this is likely to have. As I
>> speak, the stock market is up 200 ooints on the cheering news that
>> Warren Buffet -- the richest professional investor in the world -- is,
>> not surprisingingly, willing to put up his substantial forturne to try
>> to prevent the bond market from collapsing completely.
>> Simultaneously, major auto makers and Swiss banks are announcing
>> massive corporate losses.
> ...
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Author: EdEd Date: Feb 12, 2008 09:00
On Feb 12, 10:28 am, Jerry Kraus yahoo.com> wrote:
> Now that Generalissimo George Bush has pushed through his "stimulus
> package" -- basically, shuffling around 1%% of our annual GDP from the
> government's coffers to the hot hands of tax-paying individuals -- we
> must ask ourselves what effect, exactly, this is likely to have. As I
> speak, the stock market is up 200 ooints on the cheering news that
> Warren Buffet -- the richest professional investor in the world -- is,
> not surprisingingly, willing to put up his substantial forturne to try
> to prevent the bond market from collapsing completely.
> Simultaneously, major auto makers and Swiss banks are announcing
> massive corporate losses.
>
> Now, the problem with the world economy is, of course, that there are
> no markets left, there are no consumers left, because the wealth has
> become too concentrated in the hands of too few individuals, largely
> through the efforts of neoconservative loons like Generalissimo Bush.
> So, how likely is it that shuffling around 1%% of our GDP is likely to
> significantly change this state of affairs? Not very, I would
> submit. Nor can Warren Buffet, on his own, stem the tide for long.
> Although, he may be Wall Street's greatest hero, and his efforts may ...
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Author: Jerry KrausJerry Kraus Date: Feb 12, 2008 09:16
On Feb 12, 11:00 am, Ed earthlink.net> wrote:
> On Feb 12, 10:28 am, Jerry Kraus yahoo.com> wrote:
>
>
>
>
>
>> Now that Generalissimo George Bush has pushed through his "stimulus
>> package" -- basically, shuffling around 1%% of our annual GDP from the
>> government's coffers to the hot hands of tax-paying individuals -- we
>> must ask ourselves what effect, exactly, this is likely to have. As I
>> speak, the stock market is up 200 ooints on the cheering news that
>> Warren Buffet -- the richest professional investor in the world -- is,
>> not surprisingingly, willing to put up his substantial forturne to try
>> to prevent the bond market from collapsing completely.
>> Simultaneously, major auto makers and Swiss banks are announcing
>> massive corporate losses.
>
>> Now, the problem with the world economy is, of course, that there are
>> no markets left, there are no consumers left, because the wealth has ...
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Author: Patriot GamesPatriot Games Date: Feb 12, 2008 11:06
> I would suggest, however, another approach. There are 8 million
> millionaires in the United States, currently. Eight million
> millionaires, and 290 million poor people.
Hahahahahahah!!!
> Wouldn't it make some sense to redistribute some, or all,
Nope.
> of the ill gotten gains of these worthless parasites
If people who work hard make money are "worthless parasites" what are people
who don't work hard and make less?
> Think of the wealth...
That's you first problem. You shouldn't be thinking about other people's
money.
> The possibilities are endless.
No, not really.
Its our money.
You can't have it.
You can't take it.
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Author: Jerry KrausJerry Kraus Date: Feb 12, 2008 11:33
On Feb 12, 1:06 pm, "Patriot Games" America.com> wrote:
>> I would suggest, however, another approach. There are 8 million
>> millionaires in the United States, currently. Eight million
>> millionaires, and 290 million poor people.
>
> Hahahahahahah!!!
>
>> Wouldn't it make some sense to redistribute some, or all,
>
> Nope.
>
>> of the ill gotten gains of these worthless parasites
>
> If people who work hard make money are "worthless parasites" what are people
> who don't work hard and make less?
> ...
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Author: Democracy HighlanderDemocracy Highlander Date: Feb 12, 2008 12:08
Taylor wrote:
> Your suggestion was tried by the Soviet Union, and we know how well that
> turned out.
Actually his proposal is quite the opposite. What Soviet Union did was to
steal all the wealth from rich, middle and poor and concentrate it into the
hand on one man: the dictator.
Many naives believe in pathetic communist propaganda that the wealth
was "common good" in communism. Nothing more wrong.
The ownership relation require the ability to control your property. When
you own something in common with another person, you negotiate how to
handle the common good. If more persons are involved in common ownership,
then the common practise is to vote delegates to negotiate and control it
for you. Therefore, the whole notion of common ownership REQUIRE an 100%%
functional democracy.
This was not the case in Soviet Union nor in ANY single communist country.
Everywhere, the leaders suppressed from the beginning the democracy,
therefore taking alone the ownership of what they called "common property".
In reality they were just thieves like any warlord in feudalistic
societies.
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Author: Jerry KrausJerry Kraus Date: Feb 12, 2008 12:24
On Feb 12, 2:08 pm, Democracy Highlander
yahoo.com> wrote:
> Taylor wrote:
>> Your suggestion was tried by the Soviet Union, and we know how well that
>> turned out.
>
> Actually his proposal is quite the opposite. What Soviet Union did was to
> steal all the wealth from rich, middle and poor and concentrate it into the
> hand on one man: the dictator.
>
> Many naives believe in pathetic communist propaganda that the wealth
> was "common good" in communism. Nothing more wrong.
>
> The ownership relation require the ability to control your property. When
> you own something in common with another person, you negotiate how to
> handle the common good. If more persons are involved in common ownership,
> then the common practise is to vote delegates to negotiate and control it
> for you. Therefore, the whole notion of common ownership REQUIRE an 100%%
> functional democracy.
> ...
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Author: Jerry KrausJerry Kraus Date: Feb 12, 2008 12:55
On Feb 12, 2:54 pm, Jerry Kraus yahoo.com> wrote:
> On Feb 12, 2:44 pm, Osiris88 gmail.com> wrote:
>
>
>
>
>
>> On Feb 12, 8:28 am, Jerry Kraus yahoo.com> wrote:
>
>>> Now that Generalissimo George Bush has pushed through his "stimulus
>>> package" -- basically, shuffling around 1%% of our annual GDP from the
>>> government's coffers to the hot hands of tax-paying individuals -- we
>>> must ask ourselves what effect, exactly, this is likely to have. As I
>>> speak, the stock market is up 200 ooints on the cheering news that
>>> Warren Buffet -- the richest professional investor in the world -- is,
>>> not surprisingingly, willing to put up his substantial forturne to try
>>> to prevent the bond market from collapsing completely.
>>> Simultaneously, major auto makers and Swiss banks are announcing
>>> massive corporate losses.
> ...
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