Greenspan: Dumb Americans Deserve Unemployment

[decoy409]

Ah yes,good old Greenspan. Some have been calling others communists and anti-american such as myself.
Those doing so best slap some cold water on their face and have a look in the mirror. For news such as the following is no joke. Regardless of who is doing the reporting,it happened and therefore it is 'The NEWS',catch the news clip and weigh in!


Greenspan: Dumb Americans Deserve Unemployment

The former boss of the Federal Reserve, Alan Greenspan, said the reason Gen-Xers are unemployed and suffering from a lower standard of living is because they are lazy, stupid, and unproductive. U.S. companies would be better off hiring immigrants.

www.activistpost.com/2011/07/greenspan-dumb-americans-deserve.html#more

[bubblyandblue]

"If a nation expects to be ignorant and free, it expects what never was and never will be ... The People cannot be safe without information. When the press is free, and every man is able to read, all is safe." - Thomas Jefferson

[billisonboard]

Has there ever been a time in history when the older generation hasn't said this of the younger generation?

[Savoir Faire-Demogague in NJ]

Has there ever been a time in history when the older generation hasn't said this of the younger generation?

No, but today, the current younger generation has been babied, coddled like no other in history by helicopter parents.
God forbid they lose a baseball/soccer game... get a poor grade in school, and heaven forbid they do not feel good about themselves.

[Angel!]

Are you supporting the viewpoint that lazy, stupid, and unproductive deserve jobs just because they are american?

I don't know about Gen Xers as a whole, but I certainly wouldn't take up the argument that lazy, stupid, & unproductive don't deserve to be unemployed. Makes sense to give jobs to intelligent, hard-workers.

[bubblyandblue]

The great sore spot in our modern commercial life is found on the speculative side. Under present laws, which foster and encourage speculation, business life is largely a gamble, and to “get something for nothing” is too often considered the keynote to “success”. The great fortunes of today are nearly all speculative fortunes; and the ambitious young man just starting out in life thinks far less of producing or rendering service than he does of “putting it over” on the other fellow. This may seem a broad statement to some: but thirty years of business life in the heart of American commercial activity convinces me that it is absolutely true.
If, however, the speculative incentive in modern commercial life were eliminated, and no man could become rich or successful unless he gave “value received” and rendered service for service, then indeed a profound change would have been brought in our whole commercial system, and it would be a change which no honest man would regret.- John Moody, Wall Street Publisher, and President of Moody’s Investors’ Service. Dated 1924

[billisonboard]

Jul 15, 2011 10:32:39 GMT -5 Savoir Faire-Demogague in NJ said:

Has there ever been a time in history when the older generation hasn't said this of the younger generation?

No, but today, ...

its true.

[maui1]

if anyone is dumb...........it is greenspan!

he couldn't see the housing bubble buildup, when it was right in front of his face. and that wasn't the only time........he didn't see the dot com bubble either, until it blew-up either.

he like bernanke, are book smart, but not very 'worldly'. they can't see anything around them, as they have their nose stuck between two book covers most of their lives.

he should just shut up, and go sit in some corner, until his time comes to see his maker.

[floridayankee]

Jul 15, 2011 10:34:22 GMT -5 Angel! said:

Are you supporting the viewpoint that lazy, stupid, and unproductive deserve jobs just because they are american?

I don't know about Gen Xers as a whole, but I certainly wouldn't take up the argument that lazy, stupid, & unproductive don't deserve to be unemployed. Makes sense to give jobs to intelligent, hard-workers.

Nor would I. I also wouldn't try to piss off an entire generation with an ignorant blanket statement like Greenspan did.

[swamp]

Jul 15, 2011 10:22:01 GMT -5 decoy409 said:

The former boss of the Federal Reserve, Alan Greenspan, said the reason Gen-Xers are unemployed and suffering from a lower standard of living is because they are lazy, stupid, and unproductive. U.S. companies would be better off hiring immigrants.

www.activistpost.com/2011/07/greenspan-dumb-americans-deserve.html#more

Greenspan thinks I'm lazy, stupid and unproductive. Nice!

[Deleted]

So-called Gen-Xers are not stupid and lazy. They are victims of globalism and outsourcing.

I kind of disagree. If Gen-Xers are stupid it's because the older generation allowed school standards to slip so badly. We did that. We listened & even supported changes in schooling that allowed students to become not accountable for their leaning or not learning. As for lazy, we did that too. We took the requirements to make a living away from them by telling them that someone else would support them & take care of them. There's a huge percentage of people that don't mind "just getting by" if no work is involved. There would be a lot less of them sitting on their butts if they had to work to eat.

I don't think that I agree with the outsourcing either. What killed America manufacturing was high cost & the loss of inventiveness. As we allowed that generation to become "dumbed down" we lost a lot of people that just might have built a better mousetrap. The better mousetrap will always sell well even if it costs a little more. We used to lead the world in making leading edge products & back then we were able to charge more for them. We can't do that now because they are inferior made & designed now.

Blaming other countries for this stuff is just a failure to except responsibility for our own mistakes.

[djAdvocate]

i just love it when frumpy elitists tell us what we deserve. so refreshing.

[bubblyandblue]

I think our generation is just as lazy - if not lazier than the new generation. I believe that financial predators are the laziest people on earth. It does not take a rocket scientist to trade on inside information - it takes a theif. It does not take a rocket scientist to buy out a company and strip it of its assets and plunder labor to steal your cash. It did not take anyone of any education to buy a second home in a hot market and turn it over at a profit without lifting a finger - just a lazy person. It does not take anyone with intellegence to blow a market bubble and speculate in CDOs - you just need the connections to fellow theives and con-artists.
Americans have more time saving devices and less time than any people on earth.
The love of money is the root of all industry.
No financial wizard would look so much like a wizard if all the suckers didn’t look so much like suckers.

[decoy409]

In escence I believe that accountability of changing times has not been presented in a truthful way.
I find it amazing when having the oppurtunity to speak with the 10th,11th,12th graders and recent high school grads. What I find amazing is how little they know about history and actual current world affairs.
They have been stupified instead of fortified with knowledge.

Recently high school graduations took place along with the commemorative partys that follow. I am a uncle 33 times now. Yes I do come from a large family.

Speaking with several Honor Roll students (as a few of my nephews and nieces are in that rank as well),I found it utterly insane that they have no idea of the amount of jobs that have been sold off down the road in the past 10-15 years alone.
When I discussed gas vs electric or other transportation methods they had no idea the first electric car came out before gas. While speaking with them they wanted to know why they were not up to par in this area and why we have not already created a alternative to oil.
Selective teaching can be found in abundance from one coast to the other. I have several in my family that are teachers ranging from teaching the deaf,to challenged,to elementary and high school. As well there are 2 professors in my family.
For most of us here I would be led to believe that most of us were schooled quite well when we were younger and as time has advanced those ways in which we have learned have been changed into direction of 'new ways' simply by avoiding and not teaching the roots.
No instead dummy down the way of how it came together and along the way the introduction to 'Change' was made. Such as the electric car example above.

I like to use that electric car as example as the result is always the same. How can we be on the moon and with all of the other fascinating technology that has come about just in the past 25 years alone but we could not perfect a electric vehicle or alternative to?
Of course we could. But oil,controls a vast lifeline of the world. And with that comes power as well.

The age of the electronic babysitter came into play (video games) and from their the greater vs less theory would rule. The electronic babysitter has played a VERY BIG role.

The vast factories and creation have moved out of town. Why it is not like we do not use the same things that were created here in town at one time. The benifit of greed and that shriviling work force is the outcome from such. In turn this has been a leader in 'change' for the future of how we have known things to be.
Just why would the No.1 country in the world go to such extremes? Well it is not the country that has done this but a few select (as in 10% or so) back here in town.
And there certainly has to be a reason behind all of this madness,as overpopulation and a draining of world supplies has been excessive. The house employs game mathematicians and that is their title. They are the brilliant 'Game Odds' seers. They did not see this coming? I hardly doubt that.

[maui1]

This message has been deleted for personal attacks. Maui, do not do that again.

~MDW
Moderator

[swamp]

I'm pretty well educated, but I had no idea that electric cars were invented before gas cars. That's not my thing. Nobody can know everything.

[decoy409]

"Are you supporting the viewpoint that lazy, stupid, and unproductive deserve jobs just because they are american?"

No I am not. I have NO support for the statement in which was made simply becouse the lime was twisted and by twisting it took a different look and a bitter/tart taste came out.
The core or nucleous has been coated with un-realism and presented for all that care to follow it.

A recent Goverment assistance poll shows that 25% of americans on assistance don't even know that it is the taxpayer flipping the bill. 75% do not even realize that through injection after injection keeping the ship afloat,is taxpayer based.
And the same 75% believe that they recieve or have not recieved any type of aid as to claiming their current position in life what ever that may be.

Maui1 - When I was 18 years old I was already learning and understanding and yes my dick was working just fine as well.

Swamp - Edison and Ford created the 1st electric car that was sold and driven on american streets.

[billisonboard]

Jul 15, 2011 10:57:09 GMT -5 decoy409 said:

...
While speaking with them they wanted to know why they were not up to par in this area and why we have not already created a alternative to oil.
....

Hope you used the opportunity to teach them about corporate control of government.

[decoy409]

Swamp, here is agood historical story,

Henry Ford and the electric car

blog.hemmings.com/index.php/2010/05/25/henry-ford-and-the-electric-car/

[decoy409]

"Hope you used the opportunity to teach them about corporate control of government."

I touch upon that and I leave them with the suggestion to pursue that in their future studies. I encourage 1st year in college to go with general studies and get to know the fresh new surroundings they will be entering into. From new friends and discussions,to new perspectives and things to be learned. And I ask them all to be very inquisitive and not to jump head over heels into something until they understand the matrix to such (or underlineing) as well as a historical account of cause and effect from such.

[txbo]

This distorted headline is what you get watching Fox ditto heads. This is the actual quote.

“Baby boomers are being replaced by groups of young workers who have regrettably scored rather poorly in international educational match-ups over the last two decades,” said Greenspan. “The average income of U.S. households headed by 25-year-olds and younger has been declining relative to the average income of the baby boomer population. This is a reasonably good indication that the productivity of the younger part of our workforce is declining relative to the level of productivity achieved by the retiring baby boomers. This raises some major concerns about the productive skills of our future U.S. labor force.”

Last month the CEO of Dow Chemical said the same, the U.S. currently has over a million jobs available with a starting salary of $82K in the science, engineering and biological fields. Only 200K graduates are qualified for the positions the rest of the jobs will be outsourced to Brazil, India and China.

[handyman2]

Actually the first car was steam powered. Made by Fabrec steam works-France.

[decoy409]

txbo, may I have a link to that story of the million jobs available. Thank you.

Dow Chemical’s Andrew Liveris on the Future of Manufacturing — and Making America Competitive Again

excerpt - The United States, in contrast, is standing by idly as it loses manufacturing jobs to overseas competitors, according to Liveris. Unless Washington can develop a coherent long-term strategy, the United States will lose not just its factories but its ability to innovate as well, he argued. Government and business need to work together to renew America’s manufacturing industry and secure its future.

Liveris speaks about global manufacturing from first-hand experience: He has worked at Dow for 34 years, and has led the Midland, Mich.-based company for seven. Dow recently committed to developing two new factories in Michigan to build solar shingles and battery packs for electric cars, but many of the company’s other 5,000 products are made elsewhere. Dow employs more than 52,000 people at 214 sites in 37 different countries.

Once a leader in manufacturing, the United States has been hemorrhaging manufacturing jobs for the past decade, Liveris said. Between 2001 and 2010, U.S. companies closed more than 42,000 factories and lost 5.5 million jobs. About a third of the sector has disappeared.

The United States must reverse this trend if it wants to develop a sustainable economy, Liveris stated. Manufacturing is vital to a national economy because it has a high multiplier effect — in other words, it creates supporting jobs outside of the sector. “Manufacturing matters whether I’m in Singapore or Moscow. Manufacturing creates jobs and creates jobs around those jobs.”

www.zimbio.com/CEO+Andrew+Liveris/articles/HOg8xnsrU84/Dow+Chemical+Andrew+Liveris+Future+Manufacturing

txbo, I am one that practices what they preach. Although I have read what you wrote (and would like to review that article) I look beyond what others fail to I feel many of times. I look to see if the dirt is their as well,

excerpt - The technology of Genetic Engineering (GE) is the practice of altering or disrupting the genetic blueprints of living organisms-plants, trees, fish, animals, humans, and microorganisms. Large corporations such as DowAgrosciences, Monsanto and Syngenta intend to monopolize the global market for seeds, foods, fiber, and medical products.

With little or no regulatory restraints, labeling requirements, or scientific protocol, bio-engineers have begun creating hundreds of new GE "Frankenfoods" and crops. The research is done with little concern for the human and environmental hazards and the negative socioeconomic impacts on the world's several billion farmers and rural villagers.

Over 80 million acres of GE crops are presently under cultivation in the US. Most supermarket processed food items contain the presence of GE ingredients. In addition, several dozen more GE crops are in the final stages of development and will soon be released into the environment and sold in the marketplace. GE crops and food ingredients in the US include soybeans, soy oil, corn, potatoes, squash, canola oil, cottonseed oil, papaya, tomatoes, and dairy products.
(end)

I am not a believer of GMO's and they should have never been allowed in a, 'In God We Trust' (as on that paper note) country.
I am a man of FAITH. And in accordance to my FAITH and the words of that old book,it is direct 'not' to be messing with certain things.
So in the case of that $ bill and 'In God We Trust' printed on it,who is this God being presented on the $ note?

[maui1]

This message has been deleted for personal attacks. Maui, do not do that again.

~MDW
Moderator

that wasn't a personal attack........i was just pointing out the importance of different things at different times in your life.

i don't think decoy- took what i said as directed at him.......if he did.....i am sorry........but that was not what i was trying to say.

can anyone tell me that at 20 years of age, your # 1 priority is not sex?

[decoy409]

maui1, I understood what you said right off the bat and I took no offense. However what was just deleted by the mod I missed.

[txbo]

Jul 15, 2011 12:22:43 GMT -5 decoy409 said:

txbo, may I have a link to that story of the million jobs available. Thank you.

Dow Chemical’s Andrew Liveris on the Future of Manufacturing — and Making America Competitive Again

excerpt - The United States, in contrast, is standing by idly as it loses manufacturing jobs to overseas competitors, according to Liveris. Unless Washington can develop a coherent long-term strategy, the United States will lose not just its factories but its ability to innovate as well, he argued. Government and business need to work together to renew America’s manufacturing industry and secure its future.

Liveris speaks about global manufacturing from first-hand experience: He has worked at Dow for 34 years, and has led the Midland, Mich.-based company for seven. Dow recently committed to developing two new factories in Michigan to build solar shingles and battery packs for electric cars, but many of the company’s other 5,000 products are made elsewhere. Dow employs more than 52,000 people at 214 sites in 37 different countries.

Once a leader in manufacturing, the United States has been hemorrhaging manufacturing jobs for the past decade, Liveris said. Between 2001 and 2010, U.S. companies closed more than 42,000 factories and lost 5.5 million jobs. About a third of the sector has disappeared.

The United States must reverse this trend if it wants to develop a sustainable economy, Liveris stated. Manufacturing is vital to a national economy because it has a high multiplier effect — in other words, it creates supporting jobs outside of the sector. “Manufacturing matters whether I’m in Singapore or Moscow. Manufacturing creates jobs and creates jobs around those jobs.”

www.zimbio.com/CEO+Andrew+Liveris/articles/HOg8xnsrU84/Dow+Chemical+Andrew+Liveris+Future+Manufacturing

txbo, I am one that practices what they preach. Although I have read what you wrote (and would like to review that article) I look beyond what others fail to I feel many of times. I look to see if the dirt is their as well,

excerpt - The technology of Genetic Engineering (GE) is the practice of altering or disrupting the genetic blueprints of living organisms-plants, trees, fish, animals, humans, and microorganisms. Large corporations such as DowAgrosciences, Monsanto and Syngenta intend to monopolize the global market for seeds, foods, fiber, and medical products.

With little or no regulatory restraints, labeling requirements, or scientific protocol, bio-engineers have begun creating hundreds of new GE "Frankenfoods" and crops. The research is done with little concern for the human and environmental hazards and the negative socioeconomic impacts on the world's several billion farmers and rural villagers.

Over 80 million acres of GE crops are presently under cultivation in the US. Most supermarket processed food items contain the presence of GE ingredients. In addition, several dozen more GE crops are in the final stages of development and will soon be released into the environment and sold in the marketplace. GE crops and food ingredients in the US include soybeans, soy oil, corn, potatoes, squash, canola oil, cottonseed oil, papaya, tomatoes, and dairy products.
(end)

I am not a believer of GMO's and they should have never been allowed in a, 'In God We Trust' (as on that paper note) country.
I am a man of FAITH. And in accordance to my FAITH and the words of that old book,it is direct 'not' to be messing with certain things.
So in the case of that $ bill and 'In God We Trust' printed on it,who is this God being presented on the $ note?

Decoy, it was a TV interview conducted by a news outlet I will try to find it again.

[decoy409]

txbo,thanks. And if you don't mind please place it in 'The DECOY 409 POST' as that way I will not miss it.
Thank you!

[robbase]

this new generation is interesting, I don't have kids but overheard a friend say they were upset their kid got an "E" on a subject on a report card---I was like what is an "E"? and than they told me this is what used to be an "F"---because an "F" had such a negative connation they now use "E" instead---I was like; WTF?? I still am like; WTF??

[floridayankee]

Jul 15, 2011 11:53:30 GMT -5 txbo said:

This distorted headline is what you get watching Fox ditto heads. This is the actual quote.

Speaking of distorted...."Ditto-heads" refers to listeners of the Rush Limbaugh radio show and has nothing to do with Fox.

[txbo]

Jul 15, 2011 12:42:35 GMT -5 decoy409 said:

txbo,thanks. And if you don't mind please place it in 'The DECOY 409 POST' as that way I will not miss it.
Thank you!

OK decoy I found it.

www.cbsnews.com/stories/2011/06/14/eveningnews/main20071167.shtml?tag=mncol;lst;3