Allan
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On Sun, Apr 1, 2012 at 5:15 PM, rigsy03 <rigsy03@yahoo.com> wrote:
Start what? Writing 5,000 words a day? (How many pages is that?)//I
did expand my signals re dinner and it turned into a wild comedy-
Monty Python or the Marx Bros. style- and I think you would have
chuckled. Anyway, that merriment was brief after some family sad news
as there is no rest for the wicked afterall. Plus I must deal with
house affairs like challenging my water bill, etc.- stuff that picks
away like the eaglets nibbling our livers.//Am a quarter through V.IV
of Churchill- past the Crimean War and a lot to do with political
shifts of the 19th C. When finished, I will begin reading six volumes
on WWI.//Well, I have enjoyed your company- such as it has been- and
wish you the best- and all the others too.
> ...
On Mar 31, 3:21 pm, archytas <nwte...@gmail.com> wrote:
> I'm going to start after a trip to the dentist next week, hopefully my
> last health engagement for three months before a fulfil a short US
> commitment.
>
> On Mar 29, 4:00 am, rigsy03 <rigs...@yahoo.com> wrote:
>
>
>
> > Yes- health is always an issue. Well, smoking will kill me off but I
> > need one vice. The overview is uneven- men seeming to be in more
> > trouble than the women and I am the last to not take or do anything
> > save an occasional aspirin or vitamin pill but I eat and sleep well
> > and think that's important. Some women friends have had health
> > problems for a long time as well as aging fast. I might have tricked
> > my system by having a baby at 40- my doctor thought me his "star"- but
> > you know how whacky ob/gyns become over time. My internist is a bore
> > so I only visit every few years- he's cold natured and has missed the
> > obvious a couple of times. Doctors are becoming like bookkeepers. We
> > used to really know our family doctors- they would make house calls
> > and stay for coffee or a cocktail. Farewell to all that!
>
> > On Mar 28, 5:35 pm, gabbydott <gabbyd...@gmail.com> wrote:
>
> > > You are right, if it wasn't for their health issues, I'd have to consider
> > > to start digging to show them the direction they are going. And no, this
> > > being very grateful to have lived this particular life span in history
> > > sounds far too detached from real life here, but then the last time a was
> > > in church I had to laugh during the sermon where one wasn't supposed to
> > > laugh.
>
> > > Generally makes easily manageable.
>
> > > On Tue, Mar 27, 2012 at 2:32 PM, rigsy03 <rigs...@yahoo.com> wrote:
> > > > Yes- I think their life was "hard" after the Allies had bombed them to
> > > > pieces and whisked off their scientists, etc. Losing a war can be as
> > > > trying as winning it, as it turns out. I don't agree that the 70+ are
> > > > rolling in leisure and loot, generally. I find most are very grateful
> > > > to have lived this particular life span in history, however. If you
> > > > are mocking them, that's sad- esp. the bunker bit- are you eager to
> > > > get them out of the way to their graves (the final bunker)?
>
> > > > On Mar 27, 2:33 am, gabbydott <gabbyd...@gmail.com> wrote:
> > > > > Your position resembles me a lot of my 70plus friends here in Germany.
> > > > They
> > > > > generally have plenty of leisure time and money and find us middle aged
> > > > > neurotic. Their life was hard and looking back a little of that emotional
> > > > > warmth in the bunker/ Planwirtschaft would do us good to be able to
> > > > > understand what life really is about. And unfortunately capital
> > > > punishment
> > > > > is not allowed here anymore.
>
> > > > > On Tue, Mar 27, 2012 at 12:45 AM, archytas <nwte...@gmail.com> wrote:
> > > > > > Your gist is right Don - though I fear they fancy war as the way out.
> > > > > > I think where we lost the plot is in not realising how little work is
> > > > > > now needed for a decent society and how much leisure we could have if
> > > > > > we weren't so neurotic. I think competition should start on the basis
> > > > > > of decent wages and a salary cap - but how do we do this wiithout
> > > > > > something as perverse as a dictatorship of the mediocre?
>
> > > > > > On Mar 26, 6:10 pm, Don Johnson <daj...@gmail.com> wrote:
> > > > > > > - In the
> > > > > > > real world the horse is a dead donkey and I'm lending money to a
> > > > bunch
> > > > > > > of unemployable drifters who borrow the money to drink at ever
> > > > > > > increasing prices in my pub.
>
> > > > > > > The Bwanksters. I get it. That whole mortgage bundling scam is at the
> > > > > > root
> > > > > > > of all our troubles. The SEC should have never let that happen.
> > > > Smells
> > > > > > like
> > > > > > > fraud. House values are still falsely inflated.
>
> > > > > > > In the Macro where billions are at work my little example of what
> > > > money
> > > > > > > is(more like what it should be) does crumble. To dust. However, the
> > > > vast
> > > > > > > majority of us use money in just such a fashion as I have suggested.
> > > > So I
> > > > > > > do see your point on how the Bwanksters are hosing us. We let them
> > > > > > though.
> > > > > > > They couldn't do it if we didn't enjoy it. We meaning the General
> > > > Public.
> > > > > > > We like our houses and nice cars and some folks even borrow to buy
> > > > their
> > > > > > > toys. RVs and boats and such. wth you can always declare bankruptcy,
> > > > > > right?
> > > > > > > This kind of thinking has us where we are. Bankruptcy is supposed to
> > > > > > teach
> > > > > > > us something. Give us 7 years of no credit to become lean and learn
> > > > > > > sacrifice and thrift.
>
> > > > > > > We ain't larnin nothin'. The entire Occupy WJ movement seems to be
> > > > about
> > > > > > > gimmie, gimmie, gimmie. I did switch all my banking to my credit
> > > > union.
> > > > > > > That's my big stand.
>
> > > > > > > dj
>
> > > > > > > On Sun, Mar 25, 2012 at 8:54 PM, archytas <nwte...@gmail.com> wrote:
> > > > > > > > Sadly Don, money ain't what you say - though I wish it was. We
> > > > have
> > > > > > > > blue, brown and purple beer vouchers over here that correspond to
> > > > the
> > > > > > > > money you mean and one can borrow these from banks as long as you
> > > > > > > > don't mention you aim to blow it on wine, women and song. This is
> > > > the
> > > > > > > > stuff we work for, but money and debt have become really weird.
> > > > The
> > > > > > > > beer (or family comfort) vouchers in our pockets are being
> > > > devalued in
> > > > > > > > all kinds of ways we have no control over - from Tarp to queezing
> > > > to
> > > > > > > > the machinations of offshore "management techniques" that shift
> > > > jobs
> > > > > > > > abroad to depress our wages and evade tax through transfer pricing
> > > > -
> > > > > > > > plus the looting through capital flight. The price we pay for a
> > > > > > > > banana includes all this.
> > > > > > > > The current rumour is even Germany is hiding a trillion or so of
> > > > bank
> > > > > > > > debt. I think Allan is right and Molly's money-lenders' tables are
> > > > > > > > the false accounting ones of governments and banks. Thieving and
> > > > > > > > government bread and circuses rather than genuine public spending
> > > > seem
> > > > > > > > likely culprits. Every debt should produce a productive asset - so
> > > > > > > > why are these debts all feared to be so bad? The standard answer
> > > > at
> > > > > > > > the moment is it's all a Ponzi that requires asset prices to keep
> > > > > > > > rising and new money to keep flowing in. As Molly says it's an old
> > > > > > > > story - though I think more of the South Sea Bubble and French
> > > > people
> > > > > > > > signing contracts to buy bits of Louisiana on a hunchback,
> > > > thinking
> > > > > > > > it was an island off the west coast of America.
> > > > > > > > Only 19% of the Greek bailout reached Greece and we still have no
> > > > clue
> > > > > > > > who owns much bigger worthless debt in Spain and Portugal. No one
> > > > > > > > knows what, if anything, any of this massive electronically created
> > > > > > > > money (debt is the new money) bought. Bank debt in the UK is
> > > > massive
> > > > > > > > but this would be a good thing if the investments were wise (much
> > > > of
> > > > > > > > it is held by foreign banks based here - maybe for the bad reasons
> > > > > > > > Lehmann was here with its repo 105 fiddles). Money is now
> > > > produced in
> > > > > > > > accounting fiddles and this is the same money we hold as 'beer
> > > > > > > > vouchers'. London is the centre of all this, but the debt held in
> > > > > > > > Eurozone banks is massive.
>
> > > > > > > > Repos work a bit like this - Don sells me his best horse and
> > > > agrees to
> > > > > > > > buy it back on a set date for a bit more than he sells it to me -
> > > > this
> > > > > > > > is like me giving Don a loan with the horse as collateral (the
> > > > extra
> > > > > > > > he pays at the end is really interest). I never get the horse but
> > > > can
> > > > > > > > use it (hypothecate) as my collateral for the period of the repo.
> > > > In
> > > > > > > > fact this can happen several times, and Don's horse can be the
> > > > > > > > collateral behind thousands of trades, all supposedly insured
> > > > through
> > > > > > > > derivatives. So Don has his repo money and I'm loaning out loads
> > > > more
> > > > > > > > on the basis of a claim on his horse. If all the loans work we are
> > > > > > > > both quids in and it's all insured so Don's horse is never at risk.
> > > > > > > > Fine, except these trades aren't between men like me and Don. In
> > > > the
> > > > > > > > real world the horse is a dead donkey and I'm lending money to a
> > > > bunch
> > > > > > > > of unemployable drifters who borrow the money to drink at ever
> > > > > > > > increasing prices in my pub.
>
> > > > > > > > On Mar 25, 8:09 pm, Don Johnson <daj...@gmail.com> wrote:
> > > > > > > > > Money is simply a means to goods and services we need or want. I
> > > > > > don't
> > > > > > > > > consider it greedy or immoral to want more for myself and family
> > > > > > when it
> > > > > > > > > comes to safety and comfort. Some would call this materialistic I
> > > > > > call it
> > > > > > > > > good policy. The more I make the more I feel safe. That is, I
> > > > don't
> > > > > > worry
> > > > > > > > > about food and shelter. That said, I will agree our society in
> > > > > > general
> > > > > > > > buys
> > > > > > > > > far more then it needs. We often borrow to do it. This is bad.
> > > > It's
> > > > > > bad
> > > > > > > > > when individuals do it and it's bad when governments do it. I
> > > > would
> > > > > > > > rather
> > > > > > > > > you see the borrowing part as the evil and not the spending
> > > > part. In
> > > > > > > > > general, spending is good. It helps us all and grows the economy.
> > > > > > > > Borrowing
>
>
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|_D Allan
Life is for moral, ethical and truthful living.
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