-Caveat Lector-
"Hilary A. Thomas" wrote:
>
> -Caveat Lector-
>
> -----Original Message-----
> From: Nurev Ind Research <[EMAIL PROTECTED]>
> To: [EMAIL PROTECTED] <[EMAIL PROTECTED]>
> Date: Thursday, January 06, 2000 3:38 PM
> Subject: Re: [CTRL] Fwd: Media Bias Against Business Here To Stay
>
> > -Caveat Lector-
> >
> >"Hilary A. Thomas" wrote:
> >>
> >> -Caveat Lector-
> >>
> >> -----Original Message-----
> >> From: A.C. Szul <[EMAIL PROTECTED]>
> >> To: [EMAIL PROTECTED] <[EMAIL PROTECTED]>
> >> Date: Friday, December 31, 1999 12:03 AM
> >> Subject: [CTRL] Fwd: Media Bias Against Business Here To Stay
> >>
> >> >> According to many economic and business indicators, more people today
> are
> >> better off financially
> >> >> than ever before.
> >>
> >> One of the reasons that the economy is doing so well is that people are
> >> spending more money than they make. A large percentage of the US
> population
> >> owes a significant amount of money (usually credit cards). This is a
> >> situation that will implode at some point. What happened to the concept
> of
> >> "cash and carry?"
> >>
> >> Hilary
> >
> >Cash and carry was much too limiting to satisfy the astonishing greed of
> the
> >capitalists. Cash and carry was simply not an efficient enough system to
> >transfer
> >money from everyone to the rich. That is why everything moved to credit.
> With
> >credit, the capitalists could reach into your future to extract wealth. It
> >doesn't even matter if the system becomes unstable or even destroyed. Greed
> >is easily satisfied by short term gratification. If society falls apart,
> what
> >the hell do the rich care! They have enough of a wealth buffer to survive.
> >
> >Joshua2
>
> That may be the plan for all those rich, evil capitalists, but they are not
> the ones in debt. It's individual choice to spend more money than one gets
> paid not those nasty suits. Responsibility and accountability. If we are
> demanding these qualities from our political leaders than we too have to own
> up to our stuff. I'm not dumping on you Joshua, it just bugs me when I hear
> everything blamed on big hairy corporations.
>
> Hilary
But is is the fault of the Big Hairy Corporations. Under a capitalist system
corporations overproduce. Easy credit allows people to spend what they don't
have to buy stuff that they don't need because corporations NEED to get rid
of their stuff. That includes loans.
While it is ultimately true that the decision to buy on credit is made by
the individual, it is unfair to shift the blame to the borrower/buyer because
corporations ADVERTISE constantly. This is like putting a bottle in front of
an alcoholic and blaming him for getting drunk.
Face it Hillary. The system sucks big time and soon we Americans will pay the
price that the rest of the world has been paying for many years. The source of
all evil are the Rich elites. It's their economic system, designed by them for
them.
Corporations are their creatures too. What passes for politics in this country
is their system too. If you get a few crumbs that's ok.
Joshua2
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