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Post by smackdown on Jul 27, 2011 7:29:45 GMT -5
This is a discussion about the over-organization of America into "Big" groups managed by small-minded people.
My take-- Long ago, Founders created enterprises that grew large and respected through hard work, sacrifice and a keen business sense. They incorporated that business and brought in Board Directors but relied substantially on loyal people who rose up the ranks for management. When those Founders passed on, the corporation defaulted to the Directors- who hired-in outside the corporate ranks at ridiculous compensation and benefit windfalls. THOSE outsiders and directors-- all of whom didn't pay a penny for the absolute power they corrupted so effectively--- terminated any and all who would compromise the take-over of incredible wealth. Who paid for it? American consumers did- and in the form of wages that grew at at a lesser rate than those executives and directors while higher required costs ate up the majority of the household income-- not taxes. Today... we have incredible debt that has caused the government to raise the Debt Limit numerous times over the past 40 years without the residual monies really benefiting the average person... only the hired-in executives and directors.
To FIX the nation, settle the debt and right the wrongs... there MUST be outright purchase of all non-Founder businesses by those who control them. The cost is likely equal-to or exceeding the National Debt and is owed to the People to be used to settle it and/or create a surplus. Once paid for, corporations can do as they please with this caveat--- the CUSTOMER is always right, not the Right is always right and there is FREEDOM in America, not New World Order. We move to a basic accounting standard that starts with-- a REAL dollar is earned and it's REAL costs are as follows-- no more "Generally Accepted Accounting Practices" and no more unsubstantiated entries without tangible offset. We move to ONE TAX on every purchase and if money is involved it is a purchase.
End Financial Terrorism-- let's move into the 21st Century now that it's actually here.
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decoy409
Junior Associate
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Post by decoy409 on Jul 27, 2011 9:28:15 GMT -5
V_L, great write up! Sad to say however that it is easier for some to simply help to rape and pilfer through degenerative ways rather than a hard days work to make a buck. But those that have choosen that style have choosen their path long ago and will not be changed by modern day man. The whole trick here is to rape and pilfer all the way until 'change' has no choice but to occur as Roberts has put it. Some supporters of the bandwagon make canny calls in order to act like a magnet through those long years of doing it all along. However as time passes some also are given extensive credit and overwhelming praise when all along the insider news is all that has been presented. Yeah you have to stoop to get into such position many a times and some actually believe the pay off on this matrialistic plane is worth it. Boy did those miss the boat. Supporters of SHAM WoW will continue to be once they have become. Notorius for un-clean calls and their words always fit the bill of those of the likes. Some of these calls they will make and do make is no more than but to help and to apply SUPER MILKER to as birds of feather flock together. We will be going down as old Dr. Paul Craig Roberts has stated in that lengthy interview I presented. And all the while the market will be going up to what this year,18-20 and gold will plunge away withing the next couple of weeks is it? No,no,the casino does not lose,and gold and silver will not be plunging or crashing as well. We are in WW3 and this one is the currency war.
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Deleted
Joined: Nov 23, 2024 0:12:09 GMT -5
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Post by Deleted on Jul 27, 2011 10:25:33 GMT -5
VL
When i first started reading posts at MSN, you were one of those who i read religiously. But your ideas really have gone off the deep end.
Becoming self sufficient i understand. I also understand the desire for the "simpler" life....and away from the corporate giants we have created
But dismantling companies...and "giving" the proceeds back to "the people" is so far out there, i am not sure where on the political spectrum it even falls. To the left of communism i would assume, but i may be wrong.
Things in America are not perfect. We have a lot of problems....and no simple answers to most of them. But radical ideas dismantling American companies is beyond the scope of anything i could ever imagine.
Good luck on your ideology. But stay away from my wealth.....i may not have earned it in your eyes....but i earned it none the less.
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Post by maui1 on Jul 27, 2011 11:23:19 GMT -5
i agree that our gov't and our economic system are broken, and the main reason being, that there is no separation between the two.
maybe we should have included business in the separation of church and state doctrine.
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Post by smackdown on Jul 27, 2011 14:48:18 GMT -5
It's a cyclicality issue. Birth Growth Maturity-- Decline (Death) or Reconstitution. Instead of following the natural cycle, wealth decided to add "Distort" as a new option. Wealth is a pretty broad bubble. A lot of post-50 year old people think wealth is the money they've collected and now hoard as they look to a "simpler" life without contribution to the rest of Society. The rest of Society knows one thing really well... after all this destruction, to recovery costs will be incredible. Michigan included a tax on pensions in their effort to create a balanced budget. There's no such thing as a free lunch or taking more than your share and expecting the rest to make up the difference. The dumbest part-- that generation can't seem to recognize the difference between material wealth and cumulative wealth gleaned over a lifetime. Building wealth in retirement is a national pariah. That is to say, investing to create or maintain some cash flow can be construes as hobby investing, but when you are taking more out regularly than the active participants are earning, YOU are a problem and now-- sticking out like a sore thumb.
Freedom... it isn't a flag sewn on the back of your jacket, it's a state of mind and way of life.
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Post by smackdown on Jul 27, 2011 19:46:35 GMT -5
Some talk up-- Capitalism. In order for Capitalism to work, the name needs to complete cycles of Birth Growth Maturity Decline or Reconstitution. There is no such thing as Capitalism and a controlled financial environment or a time when a significant segment of the working population is unemployed but the financial sector remains dynamic even though free enterprise is crushed by an over-abundance of big businesses, oligarchies and law firms retained like brutes to kill-off anyone contesting their giant-status. Capitalism occurs when there is natural adversity or challenge and innovation ingenuity and sheer opportunity allow the brave and bold to take hold and make enterprise out of it. NONE of that exists as long as a majority of investors can be lackluster people earning off the moves of mass-investment and not Risk.
Capitalism is DEAD until the markets and funds who manipulate them are toast. By the way... "working hard" has nothing to do with pushing buttons that move money around. It has to do with building things that people can use or employ.
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Post by smackdown on Jul 28, 2011 7:24:40 GMT -5
"Rating" agencies. Time was-- a credit interviewer completed a "rating" on the customer for Collection purposes only. It made sense. A truck driver was dinged prior to the cell phone era. A more credit card line limits than feasible income was a ding. Too many inquiries without any new credit was a flag, not a ding. If you were booking it to service it, there was no need for any type of investment rating (a conjured up system attempted off the collection system). Your "credit score" is a component... it is a list of paranoid aspects deemed "risky" to the investor, while not having any diligence, documents or validation of facts-- is not. Consider that- on a global scale-- Moody's and other agencies are attempting to classify countries by capacity to endure rates and terms. That is-- they are creating "ratings" to control the world with, while enjoying a "factor" that gives them authority over government. It should occur to ALL THE PEOPLE IN THE WORLD that Finance is a pariah. The more it organized instead of employing expertise, the less freedom we have.
Europe has declared WAR on rating agencies. Why aren't We the People?
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Post by smackdown on Jul 28, 2011 8:03:49 GMT -5
14th Amendment-- elimination of any pariah attempting compromise of the United States of America by keeping it from paying it's debts. That would be the whole financial sector collectively-- thanks to the Gramm Leach Bliley Act.
And so passes... money grubber financiers.
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Post by smackdown on Jul 28, 2011 10:19:42 GMT -5
How can the markets be UP on fewer job-less claims and more pending home sales when-- a LACK OF JOBS and DECLINATION IN HOME VALUES is what caused us to spend to the current Debt Ceiling? Sounds like a RIGGED MARKETPLACE to me.
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Small Biz Owner
Familiar Member
Joined: Dec 26, 2010 8:43:06 GMT -5
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Post by Small Biz Owner on Jul 29, 2011 10:54:02 GMT -5
Markets are definitely rigged when Goldman Sachs has not one losing day in an entire quarter.
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Post by smackdown on Jul 29, 2011 12:50:14 GMT -5
Absolutely. Say... if you recall, Goldman Sachs and Chase Bank are engaged in MAJOR lawsuits where they were not only accused of wrong-doings but PROOF came to the evidence table early on. Heard anything about them? Wouldn't you think such NEWS would be more worthy of an update than the guest list at Kim Kardasian's wedding? Very little has been spilled on the News Corp. HACKING case. The latest is that James Murdock will be going back to England and might not be returning any time soon or ever in his lifetime.
Where is THIS STUFF?
Small Businesses COULD be generating JOBS and REVENUES sorely needed to retrace us back from the Debt Ceiling. I'd say they are FAR MORE needed than a non-tax paying GE and it's record hoarded back accounts. THE FLUSH IS COMING. Every CFO should become a Fry Cook and paid like one. It's an educational component we are long overdue for.
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Post by lifewasgood on Jul 29, 2011 12:55:11 GMT -5
America Lost freedom long ago in my opinion. Once the separation of haves and have nots occurred and the rules were changed and applied differently from the two classes, the have nots, have not freedom.
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Post by smackdown on Jul 29, 2011 14:39:04 GMT -5
We haven't heard from Ben in a while. I think he's scared ship-less.
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decoy409
Junior Associate
Joined: Dec 27, 2010 11:17:19 GMT -5
Posts: 7,582
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Post by decoy409 on Jul 29, 2011 16:38:01 GMT -5
Well V_L ,we have quite a few bens right here. Why we hear from the bens everyday.
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verrip1
Senior Member
Joined: Dec 20, 2010 13:41:19 GMT -5
Posts: 2,992
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Post by verrip1 on Jul 29, 2011 17:10:29 GMT -5
American Freedom is in jeopardy - as long as misguided misanthropes propose nationalizing industry.
Da, comrade!
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decoy409
Junior Associate
Joined: Dec 27, 2010 11:17:19 GMT -5
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Post by decoy409 on Jul 29, 2011 17:37:24 GMT -5
Ok skipper,if you say so!
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Post by smackdown on Jul 29, 2011 19:44:45 GMT -5
I would NEVER agree to nationalizing industry. Bottom line-- when the Founder passes on, it must go into probate and be purchased or liquidated, not given to free-loader Boards, their retained Legal Thugs and Hired-In (brother-in-law) Executives. We enjoyed unsurpassed prosperity throughout the 20th Century and people (like you) believe what you experienced as you lived so far, IS the Rule. Sorry, it is not. What made America GREAT and will recover it to GREATNESS again is to return to the natural cycle-- Birth Growth Maturity and Decline or Reconstitution. Oil is so... 20th Century and here, 11 years into the 21st, we don't have a dedicated Alternative Transportation Lane in any city and no city has suppressed Big Box retail for local custom manufacturing that not only soothes tax obligations but causes new money to be exchanged locally as to not rely wholly on the moldy recirculating stuff- stuck there.
All of our "real" heroes are gone. Not that there aren't any, but the cancerous paper administrator layer that ALWAYS seems to gain command after a frontier has been tamed and destroys freedom through organization, has suppressed him and her to the extreme. What you believe is fanatic claims of doom and gloom are anything but... they are the sounds of people who are waking those next heroes and beating the HELL out of the walls put up by cardboard administrators. New frontiers await us. Neither government nor any group of milk toasts with money know them or will harness them. I'd rather have my original cash and invest it in progress. I have lived nearer to the dumpster where the gumption to soar is born; better then to have my pockets stuffed with other people's money and look down at the ants from the ivory tower. You can't see anything from up there and there's a LOT to be seen.
Change is here, stop trying to organize it.
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verrip1
Senior Member
Joined: Dec 20, 2010 13:41:19 GMT -5
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Post by verrip1 on Jul 29, 2011 21:28:55 GMT -5
Yes, people here actually have proposed the government-mandated purchase of industry, ie, nationalization by tyrannical edict.
Just read the OP of this thread and find out who wrote it. Clear forced repurchase of business behind the power of the gun-toting Police State with the threat of imprisonment combined with threat of private property confiscation.
It seems the fringers cannot even remember what they recently wrote. Sane readers should ask themselves "Why should I ever pay attention to such ridiculous, un-American, statist rantings? These guys can't even remember what they wrote just recently!"
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Post by smackdown on Jul 30, 2011 7:56:00 GMT -5
Don't hurt your head contemplating this but... most of the background officers in Washington came from Goldman Sachs- which is a business not a government. Goldman Sachs controlled the outcome at least four times since it's IPO in 1999. With alumni IN government working in collusion with those in the Ivory Tower... it isn't GOVERNMENT you and I need to be worried about-- it's BUSINESS. A reminder that BIG BUSINESS has the deepest pockets in history and terminated the bulk of it's regular personnel to become purely platforms of only administrators, Board directors and executives... none of whom were the Founders. What we have here is a Force Majeur scenario smacking of Gross Terrorism using Legal Goons to bend Law to make Crime read like Law when it looks smells and is seen as-- CRIME. So now we are fighting poorly to resolve our Debt Problem without LOOKING at the root cause and ultimately-- the CURE. If ALL Goldman Sachs alumni were fired immediately from the government-sponsored or affiliated positions they hold and we MANDATED big business to liquidate assets to hire back everyone they terminated to re=stabilize American families and reset the economy... two things would occur almost immediately-- all the crooks would be exposed and the Debt Ceiling Problem would begin receding as we not only paid our debts, but started getting out of debt altogether.
You have to be pretty narrow-minded to not see that when Clinton nearly had us Debt-Free, there were the least number of government-generated financial instruments (like Debt Notes) floating around and the most prosperity on Main Street. BIG didn't like that and got the Gramm Leach Bliley Act slipped into Law (legalizing mass financial sector collusion) just as Goldman Sachs had it's IPO and magically produced the Mark to Market mortgage facilitation system that diverted Free Market credit from Free Market investors and made it near-exclusive to Wall Street and Banks until there was Bear Sterns and Goldman Sachs became a bank (without branches- just benefits and attributes).
Eye on the PRIZE... my friend. We're not going to raise the Debt Ceiling. We will need to invoke Marshall Law to destroy the oligarchies created by and managed by Goldman Sachs' operatives. It will make messes of the investment markets and government offices but... it pulls the Ivy (League) off the brick and mortal of America revealing the natural beauty of it's original construction.
I wouldn't be in the markets right now if you paid me. You are rigged to lose and you will.
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Post by smackdown on Jul 30, 2011 8:15:12 GMT -5
Amen, brother.
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Post by resume on Jul 30, 2011 8:19:20 GMT -5
What is Neocomoism?
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Post by smackdown on Jul 30, 2011 11:14:11 GMT -5
Absolutely. Secondary Marketing Magazine (backroom mortgage business pulp) has an excellent article about Warehouse Credit. Banks are today's source but history is repeating itself in that banks have the credit dynamic but don't dedicate the staff to it nor think about the market as a component of the Risk that is associated with warehouse credit. Banks care about-- FEES and will keep yours rather than grant credit because there isn't a specific law stopping them from doing so. Banks are the WORST in warehouse credit; they should be a wholly detached industry segment just like every other component. Our ability to keep one pariah from controlling anymore than a fully regulated single sector with proper oversight is-- dooming us to repeat the worst of what we have and are experiencing. A "Robert Rubin" penned the article-- I give him credit for doing so.
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Post by smackdown on Jul 30, 2011 15:08:04 GMT -5
A wave of "updates" from Congressional types with a big DONATE button on the bottom just clogged my e-mail. Nobody gets a penny until the JOBS are recovered. Monday should be fun and hey... did you catch the number protesting in front of the White House?
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Post by smackdown on Jul 30, 2011 20:47:46 GMT -5
The news is saying that DC is in total Chaos. It's about time.
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