A Slap in the Face
A recent NY Times editorial that lamented people's sinking faith in the media called this phenomenon a 'slap in the face'.
Confidence in the media has dropped to 37%, an all time low. This same commentator went on to give several possible factors that were contributing to this disturbing erosion of confidence and he was pretty much off the mark on all of them...which is the real reason the people have lost faith in the media's ability to report the events of the world with anything that even comes close to an accurate account.
In the rapidly shifting sands of life, it is not possible to make sound decisions without accurate information.
The stock market suffered triple digit losses for the third consecutive day. There's barle a person out there that doesn't have an IRA or a 401k that's worth a fraction of what it was before the dot.gone era.
Imagine what would happen to your 'private' Social Security individual investment fund on a day like this. The brokers would make jillions (in commissions) while your retirement fund was reduced to confetti.
It's a real no win situation coming to a head out there. The current administration is giving away billions in tax breaks to coporations that are taking that money and investing it overseas. In the mean time, schools, police and fire departments, cities and towns can't meet their budgets...so they 'restructure' the property valuations and viola! Instant tax revenue!
And they can continue to do this until people can't afford to pay, there's no way to stop them.
Energy costs affect the price of everything. Not only do goods cost more to make but the cost to bring them to market rises also, a cost that is passed on to the consumer.
It's not until this cost gets ridiculous that an employee sees any 'relief' (in the form of a wage increase) and by the time relief comes, it's only a small fraction of how much the cost of living has risen.
We went down this road in the late Seventies and it's still haunting us today.
The voodoo economics has to go.
Imagine a world without taxes, mortgages, utility payments that provided free education for life, a twenty hour work week and a society that enjoyed 100% employment.
It's not a dream, it what will happen if we convert from being a cash driven society to a labor driven one.
Remember, money was invented to simplify barter. It has no other purpose yet you couldn't tell that by the mess we're in today. Whosoever controls the value of your money controls you...Get King Kong off you back.
Think about it.
Thanks for letting me inside you head,
Gegner
Confidence in the media has dropped to 37%, an all time low. This same commentator went on to give several possible factors that were contributing to this disturbing erosion of confidence and he was pretty much off the mark on all of them...which is the real reason the people have lost faith in the media's ability to report the events of the world with anything that even comes close to an accurate account.
In the rapidly shifting sands of life, it is not possible to make sound decisions without accurate information.
The stock market suffered triple digit losses for the third consecutive day. There's barle a person out there that doesn't have an IRA or a 401k that's worth a fraction of what it was before the dot.gone era.
Imagine what would happen to your 'private' Social Security individual investment fund on a day like this. The brokers would make jillions (in commissions) while your retirement fund was reduced to confetti.
It's a real no win situation coming to a head out there. The current administration is giving away billions in tax breaks to coporations that are taking that money and investing it overseas. In the mean time, schools, police and fire departments, cities and towns can't meet their budgets...so they 'restructure' the property valuations and viola! Instant tax revenue!
And they can continue to do this until people can't afford to pay, there's no way to stop them.
Energy costs affect the price of everything. Not only do goods cost more to make but the cost to bring them to market rises also, a cost that is passed on to the consumer.
It's not until this cost gets ridiculous that an employee sees any 'relief' (in the form of a wage increase) and by the time relief comes, it's only a small fraction of how much the cost of living has risen.
We went down this road in the late Seventies and it's still haunting us today.
The voodoo economics has to go.
Imagine a world without taxes, mortgages, utility payments that provided free education for life, a twenty hour work week and a society that enjoyed 100% employment.
It's not a dream, it what will happen if we convert from being a cash driven society to a labor driven one.
Remember, money was invented to simplify barter. It has no other purpose yet you couldn't tell that by the mess we're in today. Whosoever controls the value of your money controls you...Get King Kong off you back.
Think about it.
Thanks for letting me inside you head,
Gegner
posted by Gegner at 1:40 AM
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