fishwhistle
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Hope and change baby hope and change,lol.
How did the Romans manipulate the common people, who they referred to as the mob? Bread and games.
As long as their stomachs are full and they are entertained, they can be controlled.
The people in the U.S. have food (most of them, still) and entertainment is more dazzling/mesmerizing then ever.
The vast majority of people in this nation will not take effective action to change things until they start starving, or become bored. Or both.
Ahhh....the power of illusion. If you don't see it, therefore its not there. Kinda like livin for today....we have done that for so long it's no wonder we are all so happy.Maybe the Y's are happy.
Squiggs, how is the current job market in the chemistry fields these days? I'd guess the Big Pharma folks are always looking for new workers or is it saturated? Any other openings? How about getting grants for research? Research grants sounds like it could be pretty cool.
I would think getting a teaching gig in a college (esp with a Masters) would be kickass. Killer pay, good pensions and easy work. Hot young chickies too. Some of the teachers at my college were making 6 figure incomes and teaching only 1 or 2 classes.
I just don't understand the SPENDING that the current administration is doing. Sorry I don't think you can spend your way out of a recession....personally they might think about saving more and using the taxpayers dollars more efficiently.
Squiggs, how is the current job market in the chemistry fields these days? I'd guess the Big Pharma folks are always looking for new workers or is it saturated? Any other openings? How about getting grants for research? Research grants sounds like it could be pretty cool.
I would think getting a teaching gig in a college (esp with a Masters) would be kickass. Killer pay, good pensions and easy work. Hot young chickies too. Some of the teachers at my college were making 6 figure incomes and teaching only 1 or 2 classes.
This is the Problem...
"I also don't believe any number of dollars is horrible for the federal government to be in debt. It's just a number. The fed can create as much money as it wants.s money and basically livelihood." It's a system in which an independent entity controls the creation, distribution and reduction/increase of all of our country'
A Little more time in Economics 101 would tell you that "Printing Money" to Pay Debt. decreases the value of the $$$$$ So What You Say???...
To pay expenses, governments collect revenues in two traditional ways, by raising taxes or by borrowing. When governments exercise either of these options, there is no currency inflation because both methods use only the existing currency already in circulation.
Unfortunately, the modern printing press provides a third method to pay for expenses—printing the currency.
Currencies today are nationalized and the governments control the amount of currency in circulation. Normally this would be no problem, but human nature creeps into the picture. Human nature often wants something for nothing.
Many nations throughout history have succumbed to the temptation to pay expenses through currency inflation and have suffered enormous instability in their economies, including total collapse. Modern nations have shown themselves unable to avoid these same temptations and therefore suffer the same fate.
The true root problem is not any grand conspiracy but merely human nature. People tend to want something for nothing. People love those government benefits, but hate paying the full price. Government officials hate levying new taxes because people hate paying taxes and representatives want to be reelected. Borrowing currency already in circulation has limits because as government borrows more, less currency remains in circulation in the private sector. Furthermore, there is a limit to how much debt private investors want to buy and hold.
Therefore, governments use a clever scheme of borrowing through the printing press. The central bank buys that debt, thereby introducing new currency into circulation. The short story is that the central bank buys that debt with funds created out of thin air.
When currency is created privately by monetizing debt at the local level, there is no currency inflation because goods and services back that currency. However, when governments monetize debt, there is almost always inflation because additional goods and services seldom back that new currency. The reason is straightforward: governments are consumers, not producers. When governments inflate the currency, this inflation acts as a tax because this inflation pays for government expenses. Whenever inflated currency is introduced into the market, the first users of that currency do not experience the inflationary effects. Only those people far down the line eventually feel the inflationary ripples. This tax is not directly visible, but everybody is aware of the pain caused by continually rising prices. Worse, this continual fluctuating of the exchange value of the currency causes turmoil because nobody can depend upon the future exchange value of the currency.
When governments control currencies, there is only one cure for currency inflation and that is to forcibly prevent governments from creating currency. Governments must be limited to collecting revenues by raising taxes or borrowing existing currency already in circulation. Currency creation must occur only at the local level, by the people, where such monetization of debt is backed by additional goods and services.
Any of this "Sound Familiar" ??? It should, The Underlined Items "Repeat" on A daily Basis on Every News Channel regardless of their political preference... ;)
The Writing is "On the Wall" Right in Front of Your Face... You Just Have to Know How to Read It...
According to "Government"... In case you didn't hear, They are looking @ A shut down right? (broken / broke$$$ backing FDIC Insured ;) banks you place $$$ and trust in?) ... and "Everybody" that has anything to do with Wall Street and Stock Market Predict A "Bigger" Market Correction (Trader "Speak" for "Crash, Ding, Ouch") Coming soon...So when is the apocalypse coming, guys? (everyone is so full of....information I figured someone here might know)
Does this mean you don't save for your future/retirement...'cus there isn't gonna be one?
Or if you do, are you stuffing a matress/etc. 'cus you don't trust the "banks"/"federal reserve"/GOVERNMENT???
Jus' wonderin what you think/how you are proceeding if you truly think we are all fucked. What's yer plan? (other than broadcasting that the end is near)
Without going on a rant: Balance the budget by only spending what the gov't takes in. Quit living above our means. Quit being the world policeman. Quit pumping 85 billion a month into the economy. Hold our gov't accountable by reducing the huge amounts of waste. Make the politicians work for the people not the corporations. The people should be able to inspect what the expect and hold law makers, rather elected or appointed, accountable.So when is the apocalypse coming, guys? (everyone is so full of....information I figured someone here might know)
Does this mean you don't save for your future/retirement...'cus there isn't gonna be one?
Or if you do, are you stuffing a matress/etc. 'cus you don't trust the "banks"/"federal reserve"/GOVERNMENT???
Jus' wonderin what you think/how you are proceeding if you truly think we are all fucked. What's yer plan? (other than broadcasting that the end is near)