To: Unalakleet who wrote (106550 ) 1/15/2010 5:15:07 PM From: benwood 3 Recommendations Respond to of 116555 Good post. I happen to agree about the conspiracy bit, for the most part. Sure, there's a multinational group of elites etc. etc. But here affecting 99.9% is just basic human nature. The 80s were the "me" decade and it has gotten worse since. There isn't a room full of bankers calling the shots: there are a thousand rooms of bankers, miners, manufacturers, developers, etc. who individually want bigger homes and more cars and a fatter retirement. They are in a race to the top. The basic tenants of society ebb and flow, but presiding over the movements at all times: fear and greed, in different proportion. An outcropping of that is that when times are visibly tough, some with high integrity and a belief that they want to live in a world of fairness and we're in this together will do run a business like Ben & Jerry's (before the takeover) -- the CEO will earn 7x the lowest paying floor position. And at other times, where sheer unadulterated greed, avarice and entitlement prevail, peons amass debt in the hundreds of thousands and leaders earn 100 to 100,000 times the lowest paid worker of their company. It's a sign of the times. We are at an extreme, and since it is our public and private leadership behaving in tandem in that manner, it makes sense to run up trillions of dollars of public debt for the benefit of few, in that alternate reality of mind altering drugs perhaps, but the cost of this escalation in our cost structure is that we will lose our jobs and we will lose our buying power and the masses at least will have a setback in their way of life, not to the early 90s when the bubbles began but to the 70s or earlier. Everything will be back in balance in another 20 to 30 years. I don't think the problem is stupidity -- it's greed and entitlement. And for individuals, entitlement goes hand in hand with laziness. The solution to being perpetually lazy is being poor (literally, barely able to make ends meet by any means), feeling hunger, being cold. Those days have already arrived for many, and their ranks will swell. Anyway, long comment but I liked your post. Nothing beats common sense, personal integrity, hard work, and realistic planning. In the long run. In the short run, we are saps. So you are better off financially. For now... historically, those that have royally effed up sometimes, being the majority, or the ones in power (ala Argentina) just TAKE the rest. Anybody who ignores history when it rhymes deserves what it may unleash.