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To: westpacific who wrote (2520)5/5/2002 12:05:47 PM
From: John ChenRead Replies (2) | Respond to of 306849
 
westpacific,re:"what we pay these...stars". The worst is
yet to come when 'concentration of money' is at extreme.
I classified those as 'Violent rewards'. They are. To the
society, those are very 'violent forces'. If you don't
believe it, fine, that's how/why history repeats itself,
those are 'elements of violence'. Something is simmering
underneath and someday, some historian will study
'why/how' this and that occurs.

Unless AG/Fed/Gov continues to pump excessive liquidity,
(remember NO INFLATION, NO WAGE PRESSURE, before it
disapper, under ooops), you will continue to see the local
policeman, fireman, teacher ..., the losers continue to
struggle just to make ends meet, or being layoffed, or
lower standard of livings.

It's so prevalent that those metropolitan with 'Stars'
are now in a bind to find money for providing adequate
services or cut programs.

There are already 'excessive liquidity' in the system.
(what, you don't have it, sheeh, you losers)

Each 'pro-team' can easily 'give back' 5-10M a year from
'responsible expenditure' (I don't think they are going
to the poor house, maybe smaller pool, smaller mansion)
and that's about 100 more civil service jobs at 50K/year.

Holy shit, where are you from, you low-life sour grape
losers?

Similar in stock-market. Cost-of-low-life-employee +
cost-of-investors + cost-of-stars + cost-of-executive's
favorite secretary(ies) = cost-of-goods + profit.

From society standpoint, the total-cost is always the same,
just the low-life (or the 10% as GE-Welch's theory) cost
is shifted to 'cost-of-investors' and/or 'cost-of-stars'
or 'cost-of-my-favorite-secretary'. (Ok, I concur that's
isolated incident to ENRON)

I think the Gov should follow GE-Welch idea and deport
10% of US citizen to other countries where they belong.

Sorry for the rumbling. I need a 2nd jobs to keep the
same living standard in this : 'NO INFLATION', 'NO WAGE
PRESSURE' environment.

I must not be living in the same country as the Fed/Gov.