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

To: Maurice Winn who wrote (88254)	3/22/2012 10:48:38 AM
From: Hawkmoon	7 Recommendations Read Replies (1) \| Respond to of 217869

In fairness to those who accepted government largess, it was offered to them, they didn't take it by force. They don't even get a vote. Nothing fair about the Sec Treas, a former head of Goldman Sachs, coordinating the bailout of his former investment bank. Both political parties are awash in campaign donations from Wall St firms, so they DEFINITELY get a "vote" when they finance the actual campaigns. Additionally, when we look at the 2005 bankruptcy law revisions, we see exactly how something like MF Global can happen, resulting in the outright theft of individual depositor accounts for the purpose of bailing out the corporate trading losses. golemxiv.co.uk The reality is that the only way the TBTF banks are sustaining themselves is because they are getting cheap money from the Fed and then investing it in Treasury debt yielding 2-3%. And yes.. governments do extract money from their citizens, which is why the only truly legitimate form of government is a democratic one. At least under such a form of government, the people have the choice of changing it, either through a vote, or if required, by revolt (the real reason we have the 2nd amendment). Bottom line here.. Our government is increasingly (and blatantly) being controlled by monopolist corporate interests and the US taxpayer is being put on the hook for their BS. We're being held economically hostage to their casino gambling. Look at how many people we have on Food stamps now in the US. over 10% of the population. We have nearly 19% real unemployment, yet we don't count many of them because their benefits ran out. That's enough to give anyone a WTF epiphany when we see Wall St. bankers doling out bonuses paid for by the US Taxpayer (either via TARP or interest paid on US T-Bonds). Hawk

To: Maurice Winn who wrote (88254)	3/22/2012 12:43:04 PM
From: average joe	3 Recommendations Read Replies (1) \| Respond to of 217869

Anyone who resists will be met with all the force of the state. Modern tax regimes are set up to punish and control much like airport security. If they were really interested in funding government it would be a flat rate tax where everybody pays their fair-share which would be a percentage of their income. There would be no deductions and the entire transaction would be handled by computer. This would eliminate 95% of the government finance bureaucracy and bean counters which is why it will never happen. Message 27680881

To: Maurice Winn who wrote (88254)	3/22/2012 1:23:05 PM
From: Cogito Ergo Sum	Read Replies (1) \| Respond to of 217869

Here the little buggers made bad choices bbc.co.uk The stated topic is particularly interesting..

To: Maurice Winn who wrote (88254)	3/22/2012 7:23:37 PM
From: arun gera	1 Recommendation Read Replies (1) \| Respond to of 217869

>If the wealth is obtained in fair exchanges of value between people then there is no limit to how much should be obtained. Since it is obtained by exchange of value, it is ipso facto true that the wealthy people have created the most value for other people.> Wealthy people have not created all this value. They just control the value and assets generated by thousands of years of human progress. The power to control can pass on to the potentially wealthy in many ways - by military, smarts, chance, legal precedent,of course combined with appropriate talent and hard work - but its leverage is mostly by centralization. The acceptance of electronic money/promises is the most centralizing force in the modern world. Others being government, security exchanges, media, hosted software, and concentrated mineral deposits. Go through Forbes 1000 richest and see which industries most come from. -Arun