What simple minded fools don't seem to get is this... When you are trying to "Buy" any material Good that costs more than what you can produce in a few days to even a few weeks, will require that YOU exchange those things you produce BEFORE you are ready to purchase the item you seek.
How do you suppose you would do that without money? On Nov 9, 4:37 am, margareth <[EMAIL PROTECTED]> wrote: > I flush the same king of paper in in the toilet on a daily basis. What > has been happening with many firms in North America, is that there is > more and more money exchanging hands. Stocks and bonds may have > intrinsic value, in the purchase of goods and services, but they > cannot be eaten, and they produce very little energy if burned.(Even > those that are owned by major oil companies.) > What happened during the eighties, with the many tax cuts, was that > many companies started to change hads. At first it was obvious, as > (for esample, Newspapers bought out pulp and paper producers. Every > time they did, there was a bump up in the value of the shares, at > least temporarily.) but later some of the world wide conglomerates > included many unrealted industries. But still there was a problem with > the cost of acquisition. This also represented a major shift in the > way stocks worked. The backbone behing stocks, was that in return for > the investment, the owner took a share in the ownership of the > corporation. If the company made a profit, they paid out a dividend. > As the company became more profitable, the value of the shares > increased. But that is not what is happening now. > People who have invested in the tools, and the resources of > productivity. whether on their own, or in groups, are the people who > are best positioned to weather the economic storm. That is as long as > their ownership is not encumbered by a need to satisfy the bankers. I > am talking about such items as plows, forges, ets. > That is where Capitalism and Socialism start to become very similar. > Both Adam Smith, and Karl Marx, the two greatest thinkers of political > economy, would have agreed that the control of the means of production > is the greatest predicter of long term wealth.The current banking > scandal is really an aberration in the system. It is probably for that > reason that the correction is as protracted as it has become. > Unforunately if the system, particularly the global part of the system > is now permitted to fail, it is only those who have access to the > tools and local resources that have any hope of surviving. People will > also need to adjust their lifestyles to what they can barter for, as > money in addition being worthless, will also be a rare commodity. > > On Nov 9, 3:58 am, "mike [move on] 532" <[EMAIL PROTECTED]> > wrote: > > > > > what a foolish statement ! > > > On Nov 8, 9:02 pm, Gaar <[EMAIL PROTECTED]> wrote: > > > > No, paper backed by the U.S. Government. > > > > On Nov 8, 12:38 am, "mike [move on] 532" <[EMAIL PROTECTED]> > > > wrote: > > > > > do you mean that " paper " supposedly backed by materials and goods ? > > > > > On Nov 8, 1:20 am, Gaar <[EMAIL PROTECTED]> wrote: > > > > > > Takes "Paper" to Buy that stuff... > > > > > > Seems you believe someone is just going to "give it" to you. > > > > > > Imagine that. > > > > > > On Nov 7, 9:19 pm, PhreedomPhan <[EMAIL PROTECTED]> wrote: > > > > > > > Just the fact that you say I "claim" those things are wealth show > > > > > > you > > > > > > know nothing. Tell you what Gaar. Give me title to the factories, > > > > > > machinery, patents, and land and let me assemble the trained > > > > > > employees > > > > > > to run them and you keep all your paper certificates. While I'm > > > > > > producing the machinery to work the land and produce food for the > > > > > > rest > > > > > > of us, you can eat the paper. Bon Apetit! > > > > > > > On Nov 7, 5:37 pm, Gaar <[EMAIL PROTECTED]> wrote: > > > > > > > > How the Hell do you think they BUY those things you claim are > > > > > > > "Wealth"? > > > > > > > > On Nov 7, 1:47 pm,PhreedomPhan<[EMAIL PROTECTED]> wrote: > > > > > > > > > You pathetic little bitch, do you have any idea what real > > > > > > > > wealth is? > > > > > > > > The stock market is a roulette table in the desert. Winnings > > > > > > > > can blow > > > > > > > > away with the first strong wind as many have the intelligence > > > > > > > > to have > > > > > > > > learned, but apparently you have not. > > > > > > > > > Factories, machinery, trained employees, patents, land, etc. > > > > > > > > These > > > > > > > > are real wealth and they are not destroyed in the roller > > > > > > > > coaster of > > > > > > > > the Stock Market. They just change hands. > > > > > > > > > Ask your sargeant, Gomer, he knows a lot more than you do. > > > > > > > > > On Nov 7, 10:48 am, Kamakazee <[EMAIL PROTECTED]> wrote: > > > > > > > > > > You insipid weed, do you own any stock other than a couple > > > > > > > > > shares of > > > > > > > > > Walmart? > > > > > > > > > > Are you employed? Do you have a 401k with your employer? > > > > > > > > > Maybe a 529 > > > > > > > > > for your inbred kids? What happens to each when your > > > > > > > > > company's stock > > > > > > > > > rises? > > > > > > > > > > Quit burning my time Gilligan. > > > > > > > > > > On Nov 6, 10:52 pm,PhreedomPhan<[EMAIL PROTECTED]> wrote: > > > > > > > > > > > Always good to hear from the kiddies in the Pre-K. Initial > > > > > > > > > > issues of > > > > > > > > > > stock helps the company, trading stocks is nothing but > > > > > > > > > > speculation. > > > > > > > > > > The "wealth" created is ephemeral and can blow away with > > > > > > > > > > the first > > > > > > > > > > breeze of downturn. Those making financial gain through > > > > > > > > > > speculating > > > > > > > > > > in stocks are parasites. After market stocks are gambles not > > > > > > > > > > investments. > > > > > > > > > > > Your coffee cup is probably the only one dumb enough to > > > > > > > > > > listen to you, > > > > > > > > > > Gomer. > > > > > > > > > > > I can't believe there are two people this dumb and ignorant > > > > > > > > > > in this > > > > > > > > > > group. Gaar, is Kamakazee your screenname, too? > > > > > > > > > > > On Nov 6, 1:54 pm, Kamakazee <[EMAIL PROTECTED]> wrote: > > > > > > > > > > > > "You have said in the past that you make your living as a > > > > > > > > > > > Day > > > > > > > > > > > Trader in the stock markets. That means that by > > > > > > > > > > > speculating you are > > > > > > > > > > > able to draw wealth from the system without actually > > > > > > > > > > > producing > > > > > > > > > > > anything." > > > > > > > > > > > > Nice attempt at kindergarden econ. > > > > > > > > > > > > Increasing the worth/value of a company, through > > > > > > > > > > > purchasing it stock, > > > > > > > > > > > not only helps the company in the financial markets, it > > > > > > > > > > > also benefits > > > > > > > > > > > those employees whose 401ks are tied to the stock price. > > > > > > > > > > > And that's > > > > > > > > > > > just for starters.... > > > > > > > > > > > > I've dumbed this down to the point of my coffee cup > > > > > > > > > > > nodding in > > > > > > > > > > > agreement, hope that you can grasp it Gilligan. > > > > > > > > > > > > On Nov 6, 10:41 am,PhreedomPhan<[EMAIL PROTECTED]> wrote: > > > > > > > > > > > > > Gaar, you should know by now that I fully oppose both > > > > > > > > > > > > the Welfare and > > > > > > > > > > > > the Warfare State. I think both are created for the > > > > > > > > > > > > deficit spending > > > > > > > > > > > > that enriches those who finance the debt. Still, it > > > > > > > > > > > > never ceases to > > > > > > > > > > > > amaze me how you, a self professed parasite, can talk > > > > > > > > > > > > of living off > > > > > > > > > > > > the sweat of others. > > > > > > > > > > > > > You don't remember professing to be a parasite? Let me > > > > > > > > > > > > refresh your > > > > > > > > > > > > memory. You have said in the past that you make your > > > > > > > > > > > > living as a Day > > > > > > > > > > > > Trader in the stock markets. That means that by > > > > > > > > > > > > speculating you are > > > > > > > > > > > > able to draw wealth from the system without actually > > > > > > > > > > > > producing > > > > > > > > > > > > anything. You draw a profit which you can then compete > > > > > > > > > > > > for goods and > > > > > > > > > > > > services with those who actually work for a living and > > > > > > > > > > > > put value into > > > > > > > > > > > > the system. You are living off the sweat of others. > > > > > > > > > > > > > We have in our bodies various bacteria and other > > > > > > > > > > > > organisms that > > > > > > > > > > > > contribute in some way to our well being while drawing > > > > > > > > > > > > nourishment > > > > > > > > > > > > from us, but any creature that draws nourishment from > > > > > > > > > > > > the host body > > > > > > > > > > > > without returning anything useful to that body is a > > > > > > > > > > > > parasite. You > > > > > > > > > > > > Gaar, by definition, are a parasite. > > > > > > > > > > > > > Rick > > > > > > > > > > > > 18th Century Liberal > > > > > > > > > > > > 21st Century > > > > > > > > > > > > Reactionaryhttp://PhreedomPhan-lostliberty.blogspot.comhttp://phreedomphan-ameri... > > > > > > > > > > > > > On Nov 6, 10:16 am, Gaar <[EMAIL PROTECTED]> wrote: > > > > > > > > > > > > > > Just making the point that he CHOSE to respond. > > > > > > > > > > > > > > Usually, those who have no interest don't waste the > > > > > > > > > > > > > time. > > > > > > > > > > > > > > Guess you Loony Liberals have plenty of time to > > > > > > > > > > > > > waste, since you are > > > > > > > > > > > > > going to be Living off the sweat of others... > > > > > > > > > > > > > > No surprise there. > > > > > > > > > > > > > > On Nov 5, 11:44 pm, "mike [move on] 532" <[EMAIL > > > > > > > > > > > > > PROTECTED]> > > > > > > > > > > > > > wrote: > > > > > > > > > > > > > > > he is just trying to piss in your pocket hollywood > > > > > > > > > > > > > > . because the > > > > > > > > > > > > > > people rejected his hero ! > > > > > > > > > > > > > > > On Nov 5, 10:51 am, Hollywood <[EMAIL PROTECTED]> > > > > > > > > > > > > > > wrote: > > > > > > > > > > > > > > > > Gaar, > > > > > > > > > > > > > > > > Just didn't find the subject all that > > > > > > > > > > > > > > > interesting. So sue me. > > > > > > > > > > > > > > > > Obama won, deal with it. > > > > > > > > > > > > > > > > On Nov 5, 12:02 am, Gaar <[EMAIL PROTECTED]> > > > > > > > > > > > > > > > wrote: > > > > > > > > > > > > > > > > > On Nov 4, 8:24 pm, Hollywood <[EMAIL > > > > > > > > > > > > > > > > PROTECTED]> wrote: > > > > > > > > > > > > > > > > > > Dosen't much matter what I think about it. > > > > > > > > > > > > > > > > > The better question with you holly is do you > > > > > > > > > > > > > > > > think? > > > > > > > > > > > > > > > > > You have shown here, time and again, to be only > > > > > > > > > > > > > > > > interested in what you > > > > > > > > > > > > > > > > have and have not said, and not really > > > > > > > > > > > > > > > > interested in discussing things > > > > > > > > > > > > > > > > any further than your smantical rantings... > > > > > > > > > > > > > > > > > Imagine that. > > > > > > > > > > > > > > > > > I could list a few very simple > > ... > > read more »- Hide quoted text - > > - Show quoted text - --~--~---------~--~----~------------~-------~--~----~ Thanks for being part of "PoliticalForum" at Google Groups. 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