Economics: The short story

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Uploaded by on Aug 16, 2011

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News & Politics

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  • As you know very well, capitalism CAN work fine until the rich get too rich. The problem is the acquisition of ownership paper by billionaires consolidated by a small fraction of the human race. Not paper that says I own my houses my cars but YOUR house YOUR life. The country now in severe debt, more money is owed to the rich than actually exists and the economy will finally collapse when the rich and everyone else make a run for the stock market to redeem their paper assets for cash.

  • *raises rusty richfork*

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  • @MoreGrievances

    Capitalism works fine if it operates under resources that are technically infinite, for instance if i have some chickens you could with good management have infinite amount of eggs and chicken to eat.

    Management is basically the time factor, in the case of crude oil the earth does produce more of the stuff over time, usually over factors of tens of millions of years, but we are using it at a unsustainable rate for that to matter.

  • So where did you go now that the OWS nuts are running amouk? Are you out there with them?

  • 4:17 Gary's a cyclops! AH EVERYBODY PANIC!!!1

  • "If one listens profoundly, one can hear the footsteps of the ancients fall upon the desert plain; and, if one cannot see their eternal presence, then surely one will not hear the rainbow either"

    ~~cc

  • .... but to the Great Spirit for adventure and risk. These at the top take no risk; they suffer no hazards of fate; they know not what the Royals of my lines knew about the New World, for they lack an authentic story. I have a story; I found the Grail.

    Thank you Sirs Bacon, Raleigh, Grenville, Drake, Carteret, Berkeley, Devereux, Cary, Boleyn, and Shakespeare. Thank you Ladies Elizabeth I, Mary Rose, Mary Sidney, Katherine, Lettice, Martha, and Gwenthlean.

  • ... I've found very little envy or disdain for the 1%. Theirs' is a shallow existence in a bountiful land-- void of the nobility that came here with a new dream. They have pursued an old and dead dream of power, wealth, and title. I am a free and humble craftsman, whose legacy has little to do with any inherited gold or land. These people fitted me with much greater gifts and creative ambitions. Appreciation is my reward for hard and grateful servitude-- not to the gods of finance....

  • My direct ancestors were Scottish, English, and French Royals. Their progeny came to the New World for many reasons. The Huguenots were persecuted in Europe, and the Puritans and Calvinists also sought a world where beliefs could be respected-- no matter how extreme.  I am living the Huguenot Dream. I've built many fine things for a diverse base of customers. Like my ore recent ancestors who pioneered the Western plains and used their creative human potential to enrich their lives....

  • Even the president of Venezuela knows how shitty the American Economy is right now. He demanded that the US give back all his gold, something like 100 tons of it, being held in several banks here.

  • Warren Buffett sees it coming, that's why he came out the other day and said we should tax the rich - tax him more, he sees what's coming and if they don't keep this system afloat he will lose it al.

    I'd sure like to see what properties are being bought around the world by guys on Wall Street - they are cashing it in for gold and getting ready to take off

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