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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: Maurice Winn who wrote (53380)8/9/2009 9:04:33 PM
From: 49thMIMOMander1 Recommendation  Respond to of 217975
 
Are you unfamiliar with the US "one drop" standard and how it got started, or what is the problem??

Some year whatever Virginia solved the "cheap labour" problem by writing a new law.
Earlier labour had been shipped in from Ireland, England, Europe, etc usually on time limited "gratis labour", indenture contracts, but after that the labour was turned "free", often even with some kind of pay, even that "40 acres and a mule".

Another problem was these "freed men" started to compete with their earlier masters, using their acquired skills.

The genious labous-market solution was to declare "black" slaves as "perpetual slaves", including all their offspring.
It also made it easier to recognize them if they were running errands, or tried to escape, less need for keeping track on tattood numbers, etc.

In just half a year this caused a 1-10,000% boom in the prices of black perpetual slaves, compare that to Qualcomm.

Just do the math, P/E and especially PEG values, etc..

An old crippled male negroe was suddenly more worth than a just arrived, young and strong irish boy. The old negroe could produce more productive offspring, while the irish boy had to be turned free in maybe just 6-8 years.

There were of course problems with the growth-factor of the investment, the local indians had already earlier shown that they did not even agree to even single-generation contracts, had a tendency to go suicidal, crush the skulls of their newborn and otherwise cause lots of problems.

The solution was a very complicated system of mating and separating fathers, mothers and their children, often in cooperation with neighbouring plantations.

But it produced this peculiar angloamerican system of the "one drop of black blood" rule which is still alive and well today.

This in contrast to the type of more traditional slavery in for example Latin America, where children with slaves often were given even rights to inherit, usually their fathers. In many cases their mothers were freed when the father died and left part of the plantation to the mulatto son.

Latin America even have a fairly simple system for when a child becomes defined as "white" again.

Don't you learn these things in Anglo-schools??

PS OK, some US states still have laws with a 1/8 definition of "white", you can include that in the PEG numbers as a risk of lost investment. (three generations, but Obama blew it for his offspring when marrying Michele)



To: Maurice Winn who wrote (53380)8/9/2009 9:28:37 PM
From: 49thMIMOMander1 Recommendation  Respond to of 217975
 
Btw, the free market price of these perpetual slaves got so high that many complained that it had became impossible to acquire even one or two of them, breeding for more long term investments and capital gains became even more difficult.

Many smaller plantations and especially fairly normal families involved in trading or services, shopkeepers,etc had to take what can now be compared to mortgages for a first home, to themselves be in debt for 15-20 or more years (for just one somewhat skilled slave).

However, the market for field-slaves stayed fairly reasonable, on the level of a present (foreign) luxury car or a good smaller tractor.

PS I'm sure you know how it competed with sharecropping and "in debt to the company store", and the revolution of the first mechanized cotton picking mahines, caused civil wars on taxation of property, exports and imports.

PPS IS it really true that England-UK never did any landreforms because they exported all their landless to their colonies, sent to work for their worst aristocrates by their relatives hoping for a good return??

PPPS I guess you have already calculated that the worth of Obama dropped to 3/4 to 7/8th of his father in a 1/8th rule state.
His kids are now almost as valuable as his father, the value of invested capital has been returned through smart breeding.



To: Maurice Winn who wrote (53380)8/10/2009 2:10:38 AM
From: elmatador  Respond to of 217975
 
that is what I said: either food in the pure black or the mixed race.