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Politics and Religion

Watched a great documentary last night called generation zero
sensualcleoforyou See my TER Reviews 5433 reads
posted

Maybe many of you have watched it, maybe not: http://www.youtube.com/watch?v=tAFiaraA3Bk

"socialism for the richest but capitalism for the middle class", very interesting especially for a Canadian chick like me who knows little about economics. It helped me getting another perspective on America. I watched it with my friend who basically gave me an economic 101 class at the same time. It's worth downloading the whole thing and checking it out but maybe you smart fellas know all that stuff already without any need for a recap.

Would love to read what you guys thought and if some thread was already written about it my apologies.

SC

xfean1144 reads

socialism for the richest but capitalism for the middle class.



welfare for ther rich in the form of bailouts,grants,subsidies etc

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sensualcleoforyou1520 reads

Yeah, loved it. It helped me understanding so much...

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xfean1115 reads



http://www.amazon.com/Free-Lunch-Wealthiest-Themselves-Government/dp/1591841917#_





http://ecx.images-amazon.com/images/I/51lanA6RJSL._BO2,204,203,200_PIsitb-sticker-arrow-click,TopRight,35,-76_AA300_SH20_OU01_.jpg



More NEOCons on Welfare than Liberals. You have to


include Corporate Welfare, Pentegon Contracts, Agriculture, and Oil industries when talking about Welfare.

And the blood sucking Welfare winners are:


neocons

http://www.amazon.com/Free-Lunch-Wealthiest-Themselves-Government/dp/1591841917#_

http://www.theeroticreview.com/discussion_boards/viewmsg.asp?BoardID=39&SortBy=DateCreated%20desc&SearchType=1&Author=xfean&DayFrom=30&DayTo=0&MessageID=130426&frmSearch=1#130426


neocons do not have to do this!;they just get free money

http://www.theeroticreview.com/discussion_boards/viewmsg.asp?BoardID=39&SortBy=DateCreated%20desc&SearchType=1&Author=xfean&DayFrom=30&DayTo=0&MessageID=130833&frmSearch=1#130833


http://www.amazon.com/Free-Lunch-Wealthiest-Themselves-Government/dp/1591841917#reader_1591841917

Related Link: More NEOCons on Welfare include Corporate Welfare, Pentegon Contracts, Agriculture, and Oil industri

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xfean925 reads

Free Lunch: How the Wealthiest Americans Enrich Themselves at Government Expense (and Stick You with the Bill)


NEOCons on Welfare than Liberals. You have to include Corporate Welfare, Pentegon Contracts,

Agriculture, and Oil industries when talking about Welfare. And the blood sucking Welfare winners are:

neocons .


ORANGE COUNTY WAS PRIMARILY WHITE MIDDLE CLASS Posted 10/9/2010 at 1:27:05 AMxfean
Reviews: 14

and now because of the BUSH ERA,

the housing market scam,the stock market scandal,the pyramid schemers has become a place where............

take note people are driving around with NO CAR INSURANCE because they have to choose between eating,shelter and other basic

OR
paying for insurance

MANY  insurance company warned me about orange county and not having full coverage/gap coverage etc......yada yada yada

once middle class people or going to get free groceries and other items because they are financial in trouble/have hit a low ect.....


THE OC WAS HIT HARD BY THE REAL ESTATE BUBBLE  I.E.
OVER EVALUATION OF PROPERTY VALUES,upside down mortgages,variable interest rate loans/high interest rate loans .


Bird and Fortune - Subprime Banking Mess
http://www.youtube.com/watch?v=mzJmTCYmo9g


Bird and Fortune - Subprime Crisis
http://www.youtube.com/watch?v=mzJmTCYmo9g


http://www.youtube.com/watch?v=UC31Oudc5Bg


John Bird and John Fortune (the Long Johns) brilliantly, and accurately, describing the mindset of the investment banking community in this satirical interview.





Related Link: John Bird and John Fortune (the Long Johns) brilliantly, and accurately, describing the mindset of the investment banking community in this satirical interview.

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willywonka4u890 reads

...it seems that the movie borrows from the book The Fourth Turning. Skip the movie, and read the book.

To the OP: There's a simple rule that I've followed in regards to economics. Assume immediately that everything Republicans tell you is false. Discover for yourself if the opposite of what they are saying is actually true.

From there, things become quite easy to understand.

Look into liberal economists: Dean Baker, Ravi Batra, & Joe Stiglitz is a good place to start.

-- Modified on 12/7/2010 12:42:12 PM

Related Link: Beat The Press, Dean Baker's blog on economics.

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GaGambler2575 reads

You would be much better served listening to those posters who have actually made a few bucks, they are much more likely to know how the game is played.

In any game you play, there are winners and there are losers. Wouldn't you rather get your information from a winner that either of these two losers?

BTW nice to see you posting again, and good luck staying off those cancer sticks.

and to anyone that thinks I am just "sucking up" to Cleo because she is hot, you need to STFU. You're right of course, but you still need to STFU. lol

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sensualcleoforyou2635 reads

Certain things I prefer in the form of a documentary as I'd be too bored to read a whole book on economics, mea culpa. I know it doesn't sound like the smartest thing to say. I read "the economist" to stay up to date with what's going on in the world. I'm more interested in literature, sociology, psychology... My head is full of non money making things, that's very anti American:) However, all I want to do when I grow up is to own my own business; work for myself only. So in the end I do have to pay attention to money making subjects. It's hard to be an adult!

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johngaltnh1019 reads

I know you aren't into reading economics, but these books will actually be decent and straightforward reading.

1. Economics for Helen by Hilaire Beloc.
This book was written by a man to explain economics to his daughter. It is comprehensive, yet doesn't use a ton of jargon and other gobbledy.

This book is very realistic and rejects the views of both communists and finance capitalists.

2. Economics in One Lesson by Henry Hazlitt
This book explains economics in very interesting and accessible terms. It is unambiguously a pro-free-market book with a strong influence by Mises and the Austrian school of economics.

Now, I will say that I am NOT wealthy as I would define it. (I define wealthy as a net worth exceeding $20M. $20M is how much of today's money it takes to equal $1M in 1916 money.)

However, I successfully run and have run a number of small businesses and have always been able to stay in front of the curve and anticipate economic events -- thus taking advantage of them -- through application of these aspects of economic knowledge. So I'm not poor either, even though I was born that way. (*grin*)

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sensualcleoforyou2495 reads

recommended... You're my intellectual idol so I can't let you down.

Sure wish I could argue and debate here as I love doing so but it looks like I need to do a year of serious homework before being able to such a thing.

I'll keep you all updated on my learning as it evolves!

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johngaltnh779 reads

In all seriousness, it is worthwhile to keep in mind that you can put two people with PhDs in economics in the same room and depending upon their core philosophy -- their sense of life regarding humanity -- they will have dramatically different views on the subject.

In function, then, their respective educations didn't really lead them to definitively correct answers. Rather, all it did was give them the intellectual ammunition with which to convey what they already believed. The person whose views evolve is rare and special.

So what I am saying is you shouldn't be intimidated by anyone or feel that just because someone is educated in a certain way that their opinion is necessarily more valid than yours.

I bet there are a bunch of things that you could teach me!

Nevertheless, I suspect you'll enjoy Economics for Helen. There is something special and unique about a book specifically written for posterity.

:-)









Posted By: sensualcleoforyou
recommended... You're my intellectual idol so I can't let you down.

Sure wish I could argue and debate here as I love doing so but it looks like I need to do a year of serious homework before being able to such a thing.

I'll keep you all updated on my learning as it evolves!

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GaGambler766 reads

I too would love nothing more than to "never grow up" and so far, in my personal life that is, I have managed quite well in my fight "against" responsibility.

Unfortunately, considering the fact that I am not a "hot female", and I am very poor employee material, I have had no choice but to learn how to run a business and other "money making subjects". Actually it kind of fun, it really is just a game, just with real life consequences. lol

My only real advice is to not put too much stock into what the "self annointed" experts have to say, unless those so called experts have any real experience in finance. John, myself, StCroix,Phil, Breaker, even Marikod (lol)all have real world experience in business and finance. Others, such as AF, WW, Trannyboy, et al have always been employees and their POV is from the bottom looking up.

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xfean1148 reads

I am self employed  and have past rich to become wealthy not including my model wifes income.

I earn enough on my money alone to retire my kids now.

I had financial planners recently but I found I was ahead of them not just from taking classes in finance

and marketing but from years of experience.

I do not do top down are bottom up analysis but I LOOK AT THE WHOLE PICTURE.




Related Link: Silly Money (part one) - Bremner, Bird and Fortune

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xfean1494 reads

The China Syndrome
http://video.google.com/videoplay?docid=7722507045427920026#docid=6389713887784184259

Posted By: xfean
I am self employed  and have past rich to become wealthy not including my model wifes income.

I earn enough on my money alone to retire my kids now.

I had financial planners recently but I found I was ahead of them not just from taking classes in finance

and marketing but from years of experience.

I do not do top down are bottom up analysis but I LOOK AT THE WHOLE PICTURE.




Related Link: The China Syndrome/Silly Money (part two) - Bremner, Bird and Fortune

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xfean1767 reads

YOU STFU   I AM RICH/WEALTHY BITCH!

http://www.youtube.com/watch?v=uBgIlaTC0vo



http://www.youtube.com/watch?v=mzJmTCYmo9g

-- Modified on 12/7/2010 4:44:38 PM

-- Modified on 12/7/2010 4:45:56 PM

Related Link: MESSGAGED FOR gagambler!

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johngaltnh1850 reads

And he assures me that if you are rich, you must have politically incorrect pigmentation. And that you are only rich because you are afforded great opportunities because of that pigment, and your own hard work has nothing to do with it.

Essentially, you are only rich because you are an evil racist oppressor.

So, please divest yourself of your ill-gotten gains immediately! Liquidate all of your assets, give the money away (perhaps to illegal immigrants?) and then move into a cardboard box in an alley somewhere.

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xfean1294 reads

THATS NOT WHAT TIM WISE IS SAYING!

he is saying there is much denial about how white Americans who are European got in the position they are in and where there wealth is. He also explains how denial and ONE OF the problems with white privilege is COPING SKILLS.



http://www.youtube.com/watch?v=J3Xe1kX7Wsc


http://www.youtube.com/watch?v=C55zE_qJd2g



http://www.redroom.com/media/tim-wise

Related Link: THATS NOT WHAT TIM WISE IS SAYING!

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johngaltnh2018 reads

You are clearly undeserving of the unfair advantages you have derived from white privilege. Your privilege has come at the expense of those who are more deserving and oppressed by systemic racism.

You need to do the right thing and divest yourself of your ill-gotten wealth by giving it to those deprived of opportunity due to your white privilege.

Your children, if they are also born white, should not be allowed to inherit your wealth as that would continue their white privilege.

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GaGambler1590 reads

only women can get pregnant, not trannies. lol

I do agree with you though. If Trannyboy is sincere in his beliefs, he should give away all of his illgotten material possessions and move into a cardboard box.

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marikod1430 reads

to excessive risk taking and somehow this was the fault of the Democrats – was overblown.

     While it is true that Goldman Sachs in the early 1990s and some of the others operated as partnerships and each partner was liable for partnership obligations, the incorporation of these firms did not mean that the corporate officers could risk the firms capital without any personal liability. The corporate shield would only protect from contract obligations of the firm. To the extent that the Bear Stearns CEO’s negligent conduct caused the collapse of the firm, for example, he still could be sued for that.

       Indeed, Dick Fuld the CEO of Lehman has already been sued civilly for the collapse of that firm and may face criminal charges as well. Any CEO knows that if he takes excessive risk and the firm collapses, he will have a target on his back. Look at Leonard Skilling of Enron who probably was negligent at best but who  effectively got life now faces life behind bars as a result of a quacky conviction for, inter alia, violation of the honest services statute.

        And you could just as easy blame all this on lax Republican regulation rather than the Democrats.

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