I'm with you, Greg, this downward trend remains unbroken
siliconinvestor.com
Pessimism is still called for.
Mr Bush and Mr G can stick their fingers in the dike, won't stop the incoming tide.
We are watching the entire system unraveling. As my dad said in the 1930's, banks and lawyers will end up with everything
States wanted their own laws, then counties wanted their own laws, then cities wanted their own laws.
Now building tracts and apartments have their own laws.
Most of these had the effect of stifling growth or protecting the establishment, in the interest of protecting the
environment or saving the birds, mice, fish,moose, bears and trees-at a monstrous cost.
No new dams, must maintain min river flows, no offshore drilling, no mining in national forests and preserves,
Take a drive past the older cabins in Wash state and ask how this country got built.
Foot square rock chimneys with no liner- Illegal
Outhouses, if anything,- Illegal
Shallow unregistered wells-Illegal
No schools - Illegal.
No dog license and no shots- Illegal.
No property deed, no building permit,no professional plumber or electrician
No hunting , fishing license, or gun registration,-Illegal..
I'm saying if we want growth in the US ( making room for the next gen) present laws will have to change.
Today if atrocious management blows it do they declare bankrupsy? Naaaaaaaaah. Just restructure under Chap 11 or whatever , keep your job and screw the shareholders. Hire a good attorney. Johns Mansville asbestos, Corning silicone implants, how many bils did those 5 tobacco attorneys get?.
Whats with these child labor laws.? Down in Cabo little kids will bag your groceries, carry them to car and earn a priceless tip in American $. When I was kid about 12 I was digging marl from a pit, picking cherries,
trapping animals, tapping maple trees, planting fence posts. At 15 working part time nights in a foundry
or weekends in a sawmill.
Today kids can't be hired for many jobs, but can join a soccer or football team, suffer one of those 850,000 sports injuries each year that parents pay $1000's to fix.
What harm would be done if you hired a ten year old to work in your record shop to fill orders , use a computer, and ship the product? He would learn valuable trade, have self respect.
Regards
Sig ( wandering again hehe). Cash is king, you can't legislate prosperity except for the already rich |
