Speech
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@darthvader5300 - Your throwing words around like dust in the air and obscureing the real issues. Of course there must be tangibles involved in economic activity just as there can be no movement without substance - but thats not the dynamics involved here. It's about upper level deductive reasoning and elemental instant gradification type primative predatory behavior.
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@chad3232132 - I think I agree with you because I think you mean the type of Companys we're sadly lacking today are Companys that deserve loyalty .
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People today wants the short term temporary quick buck that is inherently unstable and short lived as opposed to the long term permanently normal paced buck that is inherently stable and indefinitely long lived.
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Copper is used in making almost unbreakable beryllium-copper bronze to protect fiber optics networks, it is used in high temperature heat dissipation systems in all industries and their products, marine grade copper-manganese-nickel alloys are used in preventing marine bio-fouling of their heat exchangers using cold sea water to cool down power plants and in water desalination facilities, brushless d.c high voltage generators can now transmit power without copper cable length limitations, etc
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If the money is used to invest in the brick and mortar-based industries of the real economy which is also known as the physical economy then you are backing up your money with a physically tangible asset(s) produced from earth, processed from the earth, manufactured from the earth, and serviced by real human scientific, engineering, technological, technical, machinists manpower resource inputs and are then serviced by supporting service personnel like safety inspectors, medical personnel, etc.
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If any Wall Street people will say that their money is backed by something physically tangible physical assets it is not because they used the money to build it, they only used the money to buy it. That's the difference between owning something because you bought it & owning something because you built it! That is what this speech is all about. Money just represents wealth & is not wealth by itself unless you use it to physically produce a product from the physical economy that will back it up.
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@isaysee economic social participation between workers and employees in all fields of industries must have something physically tangible to work with and physically tangible to work on, hence the word physical economy comes into existence ever since man started to produce something to barter with in primitive times up to the 21st century when man is using computerized robot-driven automation/CAD/CAM factories producing products to back up the local economy's local currency and to trade with it!
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@chad3232132 >OK-Whatabout Citizenship-Loyalty to the NATION-agreeing to PRIORITIZE trade WITHIN OurNation- Employing our own AHEAD of others rather then FREEING those among "US" who OutProsper the rest of "US" to move what they have aquired HERE elsewhere in order to FURTHER OUTPROSPER. What bout ageein'ta prioritize the buying of "US" goods over imports SO I CAN"T SUBCONTRACT OFFSHORE & BEAT YOUR BRAINS OUT CAUSE I GOT MORE CAPITOL THEN YOU ! [ pleeze don't report me- I'm not a PinkoCommie ]
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@darthvader5300 - Hi Darth- if I may call you by your 1st name. My comment below is intended to be directed to you as responce to your reply to me- but I somehow neglected to hit the "Reply" button.
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>??=Can't tell if u r with me here or what. U say "real PHYSICAL-ECONOMY"-but Economy is a ACTIVITY type NONphysical thing. It involves SOCIAL participation-unless u call a FoodChain an ECONOMY. If u do- u will streach the word into meaninglessness. My remark/position is that PreditoryBehavior must be kept in check in favor of SymbioticBehavior- as in, "a JUNGLE isn't really a SOCIETY & LawOfTheJungle isn't REALLY Law at all. LAW is what *WE* agree on.Should WE allow the SLEEPING 2 b devoured?
You forgot to say amen.
PrimeDirector 2 years ago 12
Powerful stuff. I get goosebumps every time I listen to Peck's speech (same with DeVito's to an extent). Say what you will about the philosophy Peck portrays in this film, he does represent something sadly missing in today's society - loyalty to one's company and it's workers. Let us never forget that it was the type of company President Peck protrays who built America into a historic success and not "Larry the Liquidator."
chad3232132 2 years ago 11