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


To: John Vosilla who wrote (114424)11/26/2015 2:02:32 AM
From: Elroy Jetson1 Recommendation

Recommended By
Fiscally Conservative

  Read Replies (1) | Respond to of 217866
 
John - Being a person who is "for minimum wage indexed to inflation so we should have a national minimum now around $10.50 to $11 an hour" is only hilarious when coupled with your support for Donald Trump who says wages and salaries in America are too high and we need to eliminate the minimum wage and reduce other wages and salaries.

That's not an example of independent thinking. It's an example of the same magical thinking you've indulged in since the election of Ronald Reagan. These people have worked hard to destroy America's Middle Class and you continue to claim to be mystified and surprised.

Drop the act. You've only supported Reagan and his successors because you always wanted America's Middle Class destroyed. It's not a surprising result, it's exactly what you have voted for.



To: John Vosilla who wrote (114424)11/28/2015 1:17:25 PM
From: bart13  Read Replies (2) | Respond to of 217866
 
It figures that all you got in the way of response was yet another attack by the PC police and the tax and spend freaks. Sign of the times as my father used to say. -ng-

Amen on minimum wage vs. lying CPI. My own work with my CPPI (basically a corrected CPI) shows that minimum wage should be well over $20/hr to match minimum wage in 1973, yet another unintended consequence of both parties implicit approval of politically based "massaged" stats. Same thing with the 1%ers (aka greed and power freaks) on both sides on real estate and rent. At least I hammered the Krugman worshippers a few months ago on his promotion of a housing bubble and his and their responsibility in creating so many that lost their houses in the crash.

The "best" thing about what's ahead in psycho debt-ville and the social & cultural messes is that the PC and tax & spend freaks is that their bogus and false ideology will blow up in their faces and they'll be exxxposed as the massive fools and Pollyanna's that they are. It'll never happen due to so much entitlement and political "think", accepted lies and PR BS, but a simple read of history like what's in Gibbon's "The History of the Decline and Fall of the Roman Empire" could wake up quite a few of the idiot intelligentsia who <heart> their future fantasy path. Note that there are a very few factual issues with Gibbon for which I expect some foaming at the mouth by the reverent politically poisoned factions, but his overall treatment and conclusions remain fair and correct. The "great experiment" of the Founding Fathers sure appears to be closely following the path of Greece, Rome, etc. but on "internet time" and with a lot more "religions" like AGW and government entitlements under the guise of compassion.

And for some giggles to help counterbalance Gibbon, "The Decline and Fall of Practically Everybody" by Will Cuppy should help lighten the load for those who may be interested.

And to answer your first question, there may be better forums but I haven't looked yet... and may not. It's getting way too stupid and a time sink for me in my retirement. I think that this forum will die a natural death as more and more of the great posters (regardless of whether I agree with them or not) desert it, and it becomes another hide-bound haven only for single political issue ideologically bound promoters of the "very best people and policies" who ignore or lie about so many inconvenient facts, as well as the actual historical record.

Time wounds all heals... /sarc



To: John Vosilla who wrote (114424)11/28/2015 2:19:57 PM
From: GPS Info3 Recommendations

Recommended By
bart13
dvdw©
ggersh

  Read Replies (2) | Respond to of 217866
 
There have been a lot of hot topics discussed with sarcasm and venom over the last couple of weeks.<g>

It seems to me that there has been an undercurrent of who’s really responsible for the dysfunction. Some think it's due to the un-pragmatic thinkers. However, I think it’s due to very pragmatic thinkers with enough money to co-op the political system for personal gain. I’ve been recently influenced by some lectures by Francis Fukuyama on his new book, “Political Order and Political Decay,” which I plan to ready in the next month.

I had already accepted the idea of “deep capture” of the US regulatory system, and the influence of the deep pockets of PACS and wealthy donors to political campaigns. Fukuyama comments that given our system of checks and balances, our political system has turned into a “vetocracy” that allows too many individuals and groups to veto any legislation that threatens their privileges. This is why Congress has not passed a budget since 2008; they just extend a continuing resolution for spending.

It seems simplistic to think in terms of red versus blue when there are moneyed interests who do not care who helps them, just as long as they can preserve their taxes loopholes and power structure. Does it really matter whether a Republican or a Democrat helps hedge fund managers maintain their carried interest tax advantage? So, money talks and they just need someone in power to listen.

I started my career in the military industrial complex. It’s not hard to imagine people in the MIC who have worked on technology that could literally cause the TEOTWAWKI. This creates a different perspective for the importance of the current minimum wage, which by the way, I would like to see higher. So, there is a lot of money flowing from the MIC back to politicians to keep the business going. I want to maintain a technological advantage over our possible adversaries even if this involves some waste in processes. Unfortunately, there is a lot of waste. I don’t think anyone is big enough to shut down the MIC because of this waste.

I have often thought that the gun lobby is a small part of the MIC. Even so, the gun lobby has more money than the anti-gun lobby. Money talks. Who do you expect to win in this fight?

Housing costs in parts of CA now twice the previous peak yet no one talks about it

Are you saying no one on this board is talking about it, or no one in California? Google is a great way to see who is talking about house prices in “parts of CA.” If you google “housing prices in bay area,” you will see 25,700,000 results. I can’t understand why you would think that people aren’t interested in housing prices.

On my last topic, I read the arguments for and against AGW. Underneath the hoopla there are enormous financial stakes involved. Who has the most money lose? Who will spend the most money to preserve their privileges? Are college professors and researchers looking to make big bucks in carbon trade? Maybe it’s their friends in brokerage houses. I can’t see how they cash in, but I can see how oil companies and their suppliers lose money.

So anyway, money talks and BS walks.

Happy Holidays