Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: THE ANT who wrote (96760)	11/29/2012 9:56:22 AM
From: studdog	Read Replies (1) \| Respond to of 217548

Klaser, Very insightful post. You have articulated the major issue of our time. It is astonishing to me that so many of the 0.5% don't realize that the rest of the country better do well too or they are sunk. Karl

To: THE ANT who wrote (96760)	11/29/2012 12:29:31 PM
From: GPS Info	Read Replies (2) \| Respond to of 217548

Thanks for the link. While following other links from there, I found this: Being entitled is taken as a wonderful thing in today's crumbling status quo, but upon examination we find that entitlement is intrinsically bound up with resentment and passivity/complicity. The act of feeling entitled brings with it a latent resentment: against others who may be getting more, and against the authorities who now wield power over the entitled. If the Empire strip-mines productive citizens and other lands, the entitled don't care; they are focused on "getting what's mine" and whatever evils and costs are perpetrated to obtain the swag that flows to the entitled are ignored, marginalized or dismissed as irrelevant. My working theory is that this entitlement attitude arises from the sins of vanity and greed. It can start with a royal birth, or wealth, or never developing an independent self. Some are born into dependence, and others retire on a pension from a company that caused the worst environmental disaster in American history. Either way, I now clearly see the natural proclivity to dismissed the associated “evil and costs” as irrelevant.

To: THE ANT who wrote (96760)	11/29/2012 6:56:23 PM
From: John Vosilla	Read Replies (2) \| Respond to of 217548

Why Things Are Falling Apart and What We Can Do About It Book Description Publication Date: November 8, 2012 Things are falling apart—that is obvious. But why are they falling apart? The reasons are complex and global. Readers of my blog oftwominds.com asked me to explain why in a clear, comprehensive way, and then present solutions. This book is my answer. Our economy and society have structural problems that cannot be solved by adding debt to debt. We are becoming poorer, not just from financial over-reach, but from fundamental forces that are not easy to identify or understand. We will cover the five core reasons why things are falling apart: 1. Debt and financialization 2. Crony capitalism and the elimination of accountability 3. Diminishing returns 4. Centralization 5. Technological, financial and demographic changes in our economy Increasingly complex and costly systems weakened by diminishing returns collapse under their own weight and are replaced by systems that are simpler, faster, better and affordable. If we cling to the old ways, our system will disintegrate. If we want sustainable prosperity rather than collapse, we must embrace a new model of finance, government and community that is Decentralized, Adaptive, Transparent and Accountable. We are not powerless. Not accepting responsibility and being powerless are two sides of the same coin: once we accept responsibility, we become powerful. amazon.com Sounds like you may have peaked at the book already?

To: THE ANT who wrote (96760)	11/29/2012 8:55:20 PM
From: elmatador	2 Recommendations Respond to of 217548

US ruling elite has, for too long, pulled the wool over the eyes of its population,. Now they are afraid of telling the truth and continue the charade. The F-35 Joint Strike Fighter, still plagued by technological troubles, will ultimately cost taxpayers $396 billion if the Pentagon sticks to its plan. With all the delays — full production is not expected until 2019 — the military has spent billions to extend the lives of older fighters and buy more of them to fill the gap. At the same time, the cost to build each F-35 has risen to an average of $137 million from $69 million in 2001. The jets would cost taxpayers $396 billion, including research and development, if the Pentagon sticks to its plan to build 2,443 by the late 2030s. That would be nearly four times as much as any other weapons system and two-thirds of the $589 billion the United States has spent on the war in Afghanistan. The military is also desperately trying to figure out how to reduce the long-term costs of operating the planes, now projected at $1.1 trillion. “The plane is unaffordable,” said Winslow T. Wheeler, an analyst at the Project on Government Oversight, a nonprofit group in Washington. nytimes.com