Actually that explains a system that is geared for the rich... economist have lost sight of the people I think a classic case of putting the cart before horse and not being able to see the forest because of the trees..
Maybe a solution would be to change the focus before all economic predictions and plans must show how it effects the population.. with any that cause harm to the population sever punishments.. public whippings and loss of all family fortune..
and or corporation life span of a maximum life span of 70 years and corporate copyright a maximum 15 years..
Allan
On Wed, Jan 18, 2012 at 9:04 AM, archytas <nwterry@gmail.com> wrote:
Worse still Mal much that counts in GDP would be a cost not benefit in
business. Don's point on bent economists is made in a number of
lengthy articles that can be seen in gist at
http://www.nakedcapitalism.com/2012/01/bloomberg-news-joins-the-inside-job-team-objects-to-economics-inadequate-conflict-of-interest-standards.html
- and I'm afraid I think the whole of academe is now severely corrupt.
On Jan 12, 9:27 pm, malcymo <malc...@gmail.com> wrote:
> I particularly like the idea of GDP growth. Measuring the amount of
> wallowing around whether or not such wallowing about is worth while.
>
> On Jan 12, 11:48 am, archytas <nwte...@gmail.com> wrote:
>
>
>
>
>
>
>
> > The post you refer to Don - it comes largely from my quarter of the
> > academic game. I was sacked by the World Bank for not supporting
> > their lies on a tour of eastern Europe just after wall-fall. I'm not
> > an economist - though good enough to teach it in universities - the
> > whole subject has been up the arse of the worst powerful interests
> > since I can remember. Most economists are only lawyers with some
> > maths ability. I'm broadly anti-government wherever it forms from -
> > the key problem with democracy since the Athens one concerns buying
> > votes and populace dumbness. Economics is a total crock as a science.
>
> > I don't want to see a load of idle creeps get welfare or support other
> > men's kids through payments to serial welfare queens and the like -
> > but when the budget for this is dwarfed by the accumulations of a tiny
> > rich I'm not inclined to think welfare is the first problem. The rich
> > don't work hard or even smart for their money. They have bought
> > government. The question for my kind of economics is how to develop
> > systems with fairer outcomes without the kind of crude dictatorship
> > Obama and his ilk represent. My guess is at least 50% of current work
> > is completely wasted effort and the world needs less of it. A big
> > problem arises in majority voting and makes me think we need some
> > other ideas on democracy. Until we sort something at this level the
> > maths of economists is as irrelevant as it would be in convincing me
> > not to shoot them given the chance.
>
> > Obama should set cops onto the banksters - but in fact is preventing
> > this. Romney is on their side and one of them anyway - some
> > democratic choice! It's the same here.
>
> > On Jan 10, 1:52 pm, Allan H <allanh1...@gmail.com> wrote:
>
> > > I know congress has effectively stolen then money with IOU but and I
> > > repeat But IOUs need to be repaid.. The US congress (Both of them ) always
> > > but people rant their masters chants... Maybe the IOU's need to be paid
> > > for by those that signed for them like taking their assests and pay of
> > > both senators and congress people.
>
> > > It is not just the federal but state and local.. the bribery of the
> > > businesses are abundant
>
> > > Until all government and all of its branches are held accountable to all
> > > pre bush laws (Totally getting rid of every line and expansion of the home
> > > land security act restoring the bill of rights and the constitution.. The
> > > US is not going to change..
>
> > > I fought for my country,,, and I hate seeing the US wasted by greed and
> > > the super corporate citizen,
> > > Allan
>
> > > On Tue, Jan 10, 2012 at 12:16 PM, Don Johnson <daj...@gmail.com> wrote:
> > > > And there-in lies the "Great Lie" Allan. Social security is
> > > > most definitely NOT anything like a pension plan. It is simply a tax.
> > > > Perhaps it was planned to be used as a pension but massive raiding and
> > > > silly IOUs from our Congress have made such a mockery. They have promised
> > > > too much and the sooner we all(Americans) come to terms with that the
> > > > sooner we can start an actual recovery. As far as federal government
> > > > pensions, yes, they are far, far too generous. While the private sector
> > > > wallows in bankruptcy and over regulation and layoffs the feds all get
> > > > raises. That's how it works. Then taxes are raised to pay for the raises.
> > > > Why not pay folks what they're worth and let them buy their own insurance,
> > > > healthcare and perks? Tax that income fairly across the board and the
> > > > wealthy will pay more. Too much shenanigans, too much cronyism. Fairly
> > > > makes me sick.
>
> > > > You hear about this Archie? I reckon you have and that's what got you
> > > > started on this kick in the first place.
>
> > > >http://online.wsj.com/article/SB1000142405297020343690457714894041066...
>
> > > > If you can't read it I'll paste it. Money grubbers block the article from
> > > > non-subscribers sometimes. Bastards.
>
> > > > dj
>
> > > > On Tue, Jan 10, 2012 at 3:21 AM, Allan H <allanh1...@gmail.com> wrote:
>
> > > >> Okay Don speaking of out of control..
> > > >> Defense sure out of control and excessive..
> > > >> And ..
>
> > > >> On Tue, Jan 10, 2012 at 12:04 AM, Don Johnson <daj...@gmail.com> wrote:
>
> > > >>> The loopholes available to super-corps have always bothered me. Farm
> > > >>> subsidies overwhelmingly give tax breaks to huge corps. I'd like to even
> > > >>> things up. Remove the loopholes and tax fairly across the board. The
> > > >>> wealthy will pay more, without doubt. The well off will pay more. In
> > > >>> conjunction with that I would hope there would be some much needed reform
> > > >>> in our(Americas) out of control entitlements. Social Security, Welfare,
> > > >>> Medicare, etc.
>
> > > >> Don I hear of out of control entitlements,, well Don SS is and
> > > >> entitlement that everyone including the poor pay for,, in the form of
> > > >> social security taxes,, it has nothing to do with the budget because it
> > > >> does not come out of the General budget.. except
> > > >> the Conservative politicians would have you believe differently..... What
> > > >> you are saying it is a criminal act to take care of your fellow man.. and
> > > >> your fellowman is not entitled to anything...
>
> > > >> Let us examine entitlements of exactly the same as SS.. Say State
> > > >> employee retirement.. now these generous pensions are all paid for by the
> > > >> taxpayer so therefore they are entitlements,, and should be completely
> > > >> removed,, or teacher retirement unless it is a totally private school
> > > >> or university they are completely funded by the taxpayer therefore a
> > > >> entitlement... Even all Federal, state, county city law enforcement and
> > > >> fire fighters retirements and pensions should be immediately discontinued .
> > > >> because they are a taxpayer funded entitlement that should be completely
> > > >> discontinued... I have not even said anything about the defense department
> > > >> and it is in the same class....
>
> > > >> The worst part of it is,, even any contribution payed by these classes
> > > >> of employees are paid for in reality by the taxpayer.. simply because
> > > >> though the state is paying their wages and benefits these fund are
> > > >> supplied by the taxpayer..
>
> > > >> I know it is a pet thing for politicians to scream entitlement and point
> > > >> their finger at Social programs, which is not paid for by taxpayers but by
> > > >> every working man woman and child with their wages,, my first job was
> > > >> setting tins at a bowling alley and I receive 11 cents per line and was
> > > >> paid 10 cents and one cent went in for my social security fund.. it was
> > > >> not a tax.. How do I know well 11 or 12 years ago I stumbled across my
> > > >> old pay stubs
>
> > > >> If we want to remove entitlements let us begin with those of the
> > > >> politicians (all levels) A Senator worth over 250 billion dollars does
> > > >> not need any entitlements what so ever.. plus there is need a in
> > > >> depth analyses. as where the money came from.
> > > >> Allan
>
> > > >> PS I am not for cutting retirement or medical for government employees
> > > >> except maybe for politicians..
>
> > > >> --
> > > >> (
> > > >> )
> > > >> |_D Allan
>
> > > >> Life is for moral, ethical and truthful living.
>
> > > --
> > > (
> > > )
> > > |_D Allan
>
> > > Life is for moral, ethical and truthful living.- Hide quoted text -
>
> > - Show quoted text -
(
)
|_D Allan
Life is for moral, ethical and truthful living.
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