Hi,
To hear the media tell it, they're marching all over THE Wall STREET brokers and causing untold confusions. Unfortunately, the media made the mistake of showing an overhead view of the marchers and if they were more than 500, they must have been hiding. In a country peopled by over 312 Million, that's not even a "drop in the bucket". The press modified its propaganda by saying there are uprisings in cities over the country. Well, there was a group in a Miami, Florida park this week who were barbecuing politicians and bankers verbally rather than picnicking.
Of course, we understand that the Communists, whoops there I go again, the Progressives hope to play on the angst of hormone rising youth, the unemployed, Union Workers (who love to participate in anything opposed to any kind of business that doesn't pay their salary) and whatever other malcontents, misguided citizens, or illegal aliens that will support their love of Barack Obama and their BIG GOVERNMENT AGENDA!
Whoopee, here we go again. The Communists did this in the thirties, the Socialists in the Sixties, and now the Progressives in the "teens". They're all the same group, COMMUNISTS, SOCIALISTS, PROGRESSIVES by the way--just a little NAME CHANGE to woo supporters. They do keep admitting that the current marchers don't really have an AGENDA--just the one the media and the Progressives have been spouting tirelessly. GREED!
You know when the C.S. P.'s (Communists, Socialists, Progressives) pull on their WALKING SHOES, DIG OUT THEIR SIGNS, AND WAVE THEIR FISTS THAT THEY ARE RUNNING SCARED. THEIR MAIN MAN--BARRACK OBAMA--IS NOT LOOKING AS MUCH LIKE A SHOE-IN AS THEY HAVE BEEN PUBLICIZING HIM TO BE!! ADVERTISING!!!!!!!!!!!! does not a winner make. Even the CSPs are criticizing him!!!!!!!!! The Tea Party says he went too far. The CSPs say he didn't go far enough. Meanwhile the American Voter says "WHAT THE HELL IS GOING ON HERE????????" THIS IS AMERICA, IT'S NOT RUSSIA, CUBA OR CHINA.
The U.S. VOTERS VOTED LOUD AND CLEAR IN 2010 WITH THE CHANGE IN CONGRESS THAT THEY WANTED THAT BLANKETY-BLANK HEALTH BILL STOPPED until the Congress could sponsor a more reasonable and non-bankrupting version. UNFORTUNATELY, WASHINGTON OFFICIALS, THE PRESIDENT, AND THE CONGRESS DID NOT GET THE MESSAGE!!!!!!!!!!!! They've been busy POSTURING FOR THE PUBLIC and only now is some legislation coming up that can delay the full rush of OBAMA CARE.
Did PRESIDENT OBAMA GET THE MESSAGE? YES! BUT EVIDENTLY, HE DOESN'T BELIEVE IN THE VOTER'S OPINION--ONLY THE CSPs. TOO BAD because if he'd glance around with opened eyes and ears, he'd hear the real DISCONTENT OF VOTERS ACROSS THE COUNTRY WHO WILL MARCH ONE WAY AND THAT IS TO THE POLLS IN NOVEMBER 2012!!!!!!!!!!!!! OBAMA PROBABLY GOT THE WORD BUT DOESN'T CARE. Charles Krauthhammer, who works both sides of the street, says that: "THERE IS A LEFT-WING REVOLUTION GOING ON" and that is what Obama wants. NOT CHANGE BUT ACTUAL REVOLUTION based on Europe's CSProgressive governments. NO ONE IS ASKING THE VOTERS!!!!!!!
Not that I don't have sympathy for the marchers. Many are out of work; many are youth who look to the future and say: WHAT?????????? Many are just plain needy in one way or another. AND ALL DESERVE OUR SYMPATHY AND WHATEVER ASSISTANCE CAN BE GIVEN.
But HOT DAMN THEY DO NOT DESERVE TO RUIN our POLITICAL SYSTEM, OUR FREEDOM, OUR WELL-BEING OR OUR COUNTRY.
HOW ABOUT A RALLY FOR THE MARCHERS COLLECTING FUNDS LIKE Americans DID FOR THE JAPANESE EARTHQUAKE AND LOUISIANA FLOOD VICTIMS. LET'S GET ONE GOING, RAISE MONEY, RAISE JOBS, RAISE HOPE AND GIVE, GIVE, GIVE, AS WE ALWAYS HAVE TO THE DOWN TRODDEN!!!!!!!!!THIS IS A GENEROUS COUNTRY AND WE CAN TURN IT AROUND TO ONCE MORE BE POSITIVE, SHARING AND CARING.
GREED--THE FAVORED WORD OF THE CSPs! WHAT GREED?????? YOURS, OF COURSE!!!!!!!!! Haven't you benefited from the titans of Wall Street and their businesses???????? Haven't you worked for the big ones: AIRLINES, COMPUTER COMPANIES, OIL COMPANIES, MINING COMPANIES, RAILROADS, AUTOMOBILE COMPANIES, WALMART, ETC. ETC. ETC. Haven't you had the audacity to buy STOCK IN THE MYRIAD OF COMPANIES THAT SERVICE THE WORLD OR THE UTILITY COMPANIES THAT KEEP YOU HOT, COLD OR "LIT". Speaking of "Lit"--how about all that beer or liquor consumed or the food eaten and bought at HUGE GROCERY CONGLOMERATES!!!!!!!!!!!
WE ALL BENEFIT! EVEN THE NEEDY!!!!!!!!!! YOU the consumer BECAME WALL STREET LONG AGO!!!!!!!!! SO SIT UP AND LISTEN. BECAUSE WALL STREET IS YOU!!!! iT'S NOT JUST A PLACE IN NEW YORK. It is the HEART AND SOUL OF YOUR LIFE AND LIVING. IT IS AMERICA.
THE PROGRESSIVES (CSP) ARE BLAMING YOU FOR BEING SUCCESSFUL AND wanting to celebrate your success. Sure they make examples of a few who have acted badly and a hero out of Warren Buffet, who recognizes being a CSP is safer than being a capitalist. IT IS THE CONSUMERS' success AND RESULTING PROFIT that makes sharing possible from U.S. major industries. HOW DID THINGS GET SO OUT OF PERSPECTIVE?????????? THE CSP MAKE THEM SOUND THAT WAY!!!!!!!
BUT LET'S TALK ABOUT THE OPEN CASH REGISTER AGAIN. Remember my story about my Uncle Bill, who was a VP at the Great A&P Corp. walking into a small town A&P and noting an open cash register at the front of the store. He was livid but calmly told the manager and the clerk without identifying himself that it was open. He turned to me and said: HONESTY IS A TWO WAY STREET. A CARELESS PERSON CAN TEMPT SOMEONE TO BECOME A THIEF. AFTER THE THEFT WE ONLY ARREST THE THIEF.
IN THE CASE of the HORRIFYING HOUSE MORTGAGE DEBACLE, IT WAS THE GOVERNMENT THAT WAS CARELESS with people's lives THROUGH FREDDIE MAE AND FANNY MAC. THE BANKS WHO LET THE FF'S LEAD THEM WERE CULPABLE AND WILLING. Both are responsible for the hundreds of thousands of folks who had a taste of a life not earned but desired and the loss. NAIVE PEOPLE WERE CONVINCED THAT THEY COULD NOT LOSE!!!!!!!!! AND LOST!!!!!!!!!
THIS BLOGGER is disgusted by GOVERNMENT AND BANKS MAKING PROMISES ON THE BASIS OF ECONOMIC IGNORANCE. REMEMBER ECONOMIC IGNORANCE IS A LACK OF LEARNING NOT STUPIDITY!!!!!!!!And make no mistake those MORTGAGES REPRESENTED PROMISES ON BOTH SIDES OF THE BARGAIN THAT COULD NOT BE KEPT!!!!! IT WAS NOT ONLY REPREHENSIBLE BUT DOWNRIGHT EVIL ON THE PART OF THE PROGRESSIVES AND THE WILLING BANKS!!!!!!!! RAPE OF THE CITIZENRY!!!!!
And FOR all of those folks who were taken in by the GOVERNMENT SHYSTERS and the BANKING LACKEYS, my heart is heavy. Americans should be better than that. THE IGNORANT, who bought THE PIG IN THE POKE, should have had THE BENEFIT OF GREATER fiscal responsibility. IF THAT HAD BEEN THE CASE, THEY WOULD NOT have entered into an agreement that depended on others LENDING MORE AND MORE to complete THE AGREEMENT. Those offering the mortgages were promising the fulfillment of a dream BUT SHOULD NEVER have MADE IT SOUND SO EASY and TAKEN ADVANTAGE OF THE CONSUMER'S NAIVETY!!!!!!! MANY GOOD FOLKS set aside good sense and BOUGHT THE LIE!!!!!!!!!!TO HAVE THE DREAM.
So now, the Progressives think whipping these same folks into a frenzy and promising them ANYTHING BUT GIVING THEM COMMUNISM is the answer to the problems of the poor. ALTHOUGH IT HAS FAILED ACROSS THE WORLD. Instead of Marie Antoinette's famous phrase for bread-less people "Let them eat cake", the Progressives are saying "LET THEM MARCH" AND SHOUT GREED AND WE'LL PROMISE THEM THE SAME DEAL THAT RUSSIA, CHINA AND CUBA GOT.
INSTANT BUT EQUAL POVERTY!!!!!!!!!!! BECAUSE THERE'S NOTHING LIKE SHARING!!!!!!!!!!
TEA PARTY!!!!!!FOLKS LISTEN UP!!!!!!!--ORGANIZE A SEPARATE GROUP TO HELP ASSIST EMPLOYMENT FOR AMERICANS!!! GIVE THEM A TEMPORARY HAND-OUT AND HOME. GET THEM GOING AGAIN. SHOW WHAT AMERICA CAN DO WHEN IT SETS ITS MIND AND GOALS TO THE PROJECT. THIS IS NOT A GREEDY COUNTRY BUT A TRULY GENEROUS ONE. IT JUST LACKS ORGANIZATION!!!!!!!!!IF WE CAN DO IT FOR THE WORLD, WE CAN DO IT FOR AMERICA. WE NEED SOME POSITIVE VIEWPOINTS IN THIS CAMPAIGN. THAT WAS PRESIDENT REAGAN'S REAL STRENGTH!!!!!!!!!!!!
MAKE THOSE CSPs LOOK LIKE THE CLOWNS THEY ARE!!!!!!!!!
CHEERS, CONNIE
9/24/11
LOAN NOT TO FALLACY FOR FALLACY LOANS TO FAILURE Post 78
Hello,
There used to be an old expression, "there's more than one way to skin a cat", which is not a lovely thought but in this case for the unlovely subject, appropriate.
Early in September, I read a small article in the local newspaper about the Federal Government suing 17 financial firms, "including the largest U.S. banks" for selling government OPERATED Fannie Mae and Freddie Mac billions of dollars worth of mortgage-backed securities that turned toxic when the housing market collapsed. NEVER MIND THE GOVERNMENT'S CULPABILITY IN THESE MORTGAGE LOAN FIASCOES!!!!!!!!!!!!They're ignoring their part by suing FREE ENTERPRISE BUSINESSES.
Bank of America Corp, Citigroup Inc., and a variety of various brokerage houses were targeted by the Federal Housing Finance Agency which OVERSEES Fannie Mae and Freddie Mac in buying mortgage loans and mortgage securities. EVIDENTLY "OVERSEEING" DOES NOT MEAN AVOIDING RISK BUT MEANS SHIFTING BLAME TO TO THE BANKS!!!!!!!!!!!
Freddie Mac and Fannie Mae bought $196 billion worth of risky investments. (Now that's some fancy OVERSEEING BY THE FEDERAL HOUSING FINANCE AGENCY!!!!!!!!) HOW COME THEY DIDN'T CHECK THEM OUT TO ASSESS RISK????????ISN'T THAT WHAT THEY ARE SUPPOSEDLY EXPECTED TO DO????? The suit alleges that the financial firms broke federal and state laws with the sales to FM and FM-IGNORING THAT THESE LOANS WERE SOLICITED BY FANNIE MAE AND FREDDIE MAC.
NOT ONLY SOLICITED BUT FIRMLY ENCOURAGED AS A WAY TO PROVIDE HOMES FOR THE POORER MEMBERS OF OUR SOCIETY. THESE GOVERNMENT AGENCIES ARE SEEKING EXONERATION as well as reimbursement plus interest etc. etc. PLUS ACCUSING THOSE INVOLVED IN THE SALES WITH BREAKING FEDERAL LAWS WHICH EVIDENTLY DON'T INCLUDE EMPLOYEES IN GOVERNMENT POSITIONS!!!!!!
The knowledge THAT the Communists' PHILOSOPHY, oh excuse me, PROGRESSIVES' PHILOSOPHY, IS BASED ON ACQUIRING THE BANKING INDUSTRY (or FINANCIAL) SYSTEM, the POLITICAL SYSTEM, and ESTABLISHING DEPENDENCY ON GOVERNMENT is or should be well-known. So, of course, too much REALLY BLATANT ACTION on the part of the Progressives in power IN AMERICA ALARMS THE PUBLIC AND IN RECENT YEARS a softer approach has been advised so that it is easy to deny.
Therefore, it behooves the Progressives to find more subtle ways TO "SKIN THE CAT" especially concerning the banking system in America. The maneuver of making banking dependent on Government controlled FANNIE MAE AND FREDDY MAC, while encouraging greater and greater risky mortgage taking, certainly yielded a bonanza. It was a Progressive "win-win" situation that one has to acknowledge for its duplicity!!!!!!
Putting one over on bankers has long been a cherished game and the Progressives certainly did that. Bankers chose dependency on questionable Federal lending agencies because of greater PROFIT. Progressives in Government solicited a position of funding mortgages for those who could not afford them and in the case of default being able to BLAME THE BANKERS FOR THEIR PART IN THE RUSE!!!!!! BANKERS FORGOT THE OLD RULE OF BANKING--LOAN NOT TO FALLACY FOR FALLACY LOANS TO FAILURE. In other words--loans that can't be repaid are lost money not profit.
There is no doubt that SOME of the current slate of BANKERS were CREDIT FOOLS WHO SAW ONLY THE PROFIT SIDE NOT THE "DOWNSLIDE". THOSE BANKERS CERTAINLY IGNORED another old saying "A MAN IS MEASURED BY HIS DEEDS NOT HIS POCKETBOOK".
AND THE PROGRESSIVES CLAIM THEY MEANT WELL--RATHER THAN ACTED BADLY (lol). So, now Progressives are taking the HIGH ROAD and THRUSTING ALL THE BLAME ON THE BANKING INSTITUTIONS THAT WERE CERTAINLY FREE TO RESIST THE TEMPTATIONS BEING OFFERED BY THE GOVERNMENT. MANY BANKS DID resist AND TO THEM GOES A VOTE OF 'GOOD CREDIT'!!!!!!!!
How does all this help the progressive cause????? IF YOU BANKRUPT A BANK!!!!!!!!!!WITH LAWSUITS FOR SOMETHING YOU HELPED SET IN MOTION--HOW DOES THAT DIFFER FROM TAKING OVER THE BANK????????? Sure, the bank WAS CULPABLE BUT SO WAS THE GOVERNMENT!!!!!!!! Bankrupt the bank and soon MAGNANIMOUS GOVERNMENT can BECOME A SAVIOR and take it into its STICKY WEB.
"OH WHAT A WEB WE WEAVE, WHEN FIRST WE PRACTICE TO DECEIVE"!!!!!!!!!Lots of old sayings that obviously the Progressives have put to good use. IT'S NO WONDER THAT THE PROGRESSIVE PARTY (whoops another mistake-the DEMOCRATIC Party) considers itself the party of intelligence. IF ONE RATES INTELLIGENCE AS DUPLICITY, RUSES, ROLE PLAYING, AND UNWAVERING ILLUSION then their claim is certainly justified. BUT NOT JUSTIFIED IF ONE RATES intelligence as HONESTY, PRINCIPLE, INDIVIDUALITY, and REASON BASED ON REALITY and FACTS.
WE CAN'T CREDIT MANY OF OUR POLITICOS with THAT KIND OF intelligence THESE DAYS BUT the ULTIMATE DUNCE CAP CERTAINLY GOES TO THE PROGRESSIVES FOR GETTING AMERICA INTO THIS MESS.
BUT wait!!!!!!!!!The Progressives have a saying all their own: NO CRISIS SHOULD GO UNWASTED!!!! so SUING THE BANKS AS A PLOY TO TAKING THEM OVER CERTAINLY FITS THAT BILL. AND IF CONTROLLING AMERICA IS THE ULTIMATE GOAL, WHAT BETTER WAY THAN A SEVERE DEPRESSION!!!!!!!!
NO CRISIS SHOULD GO UNWASTED!!!!!!!!! makes clear many of the actions taken in recent months by the Government IS an unrelenting attack on private enterprise.
There is no doubt in this blogger's mind that America is in a war for the minds and hearts of its citizens much like the war that the bankers lost to the Progressives. It is a war where GREED supersedes that other old saying--one the Progressives don't utilize since most do not believe in God: "GOD HELPS THOSE WHO HELP THEMSELVES". AMEN TO THAT!!!!!!
Another old saying from the depression in the 1930's: THERE'S NO SUCH THING AS A FREE LUNCH!!!!!!!!! LOOK AT ALL THE 'FREE LUNCHES' ATTACHED TO GOVERNMENT THESE DAYS.
CHEERS, CONNIE
There used to be an old expression, "there's more than one way to skin a cat", which is not a lovely thought but in this case for the unlovely subject, appropriate.
Early in September, I read a small article in the local newspaper about the Federal Government suing 17 financial firms, "including the largest U.S. banks" for selling government OPERATED Fannie Mae and Freddie Mac billions of dollars worth of mortgage-backed securities that turned toxic when the housing market collapsed. NEVER MIND THE GOVERNMENT'S CULPABILITY IN THESE MORTGAGE LOAN FIASCOES!!!!!!!!!!!!They're ignoring their part by suing FREE ENTERPRISE BUSINESSES.
Bank of America Corp, Citigroup Inc., and a variety of various brokerage houses were targeted by the Federal Housing Finance Agency which OVERSEES Fannie Mae and Freddie Mac in buying mortgage loans and mortgage securities. EVIDENTLY "OVERSEEING" DOES NOT MEAN AVOIDING RISK BUT MEANS SHIFTING BLAME TO TO THE BANKS!!!!!!!!!!!
Freddie Mac and Fannie Mae bought $196 billion worth of risky investments. (Now that's some fancy OVERSEEING BY THE FEDERAL HOUSING FINANCE AGENCY!!!!!!!!) HOW COME THEY DIDN'T CHECK THEM OUT TO ASSESS RISK????????ISN'T THAT WHAT THEY ARE SUPPOSEDLY EXPECTED TO DO????? The suit alleges that the financial firms broke federal and state laws with the sales to FM and FM-IGNORING THAT THESE LOANS WERE SOLICITED BY FANNIE MAE AND FREDDIE MAC.
NOT ONLY SOLICITED BUT FIRMLY ENCOURAGED AS A WAY TO PROVIDE HOMES FOR THE POORER MEMBERS OF OUR SOCIETY. THESE GOVERNMENT AGENCIES ARE SEEKING EXONERATION as well as reimbursement plus interest etc. etc. PLUS ACCUSING THOSE INVOLVED IN THE SALES WITH BREAKING FEDERAL LAWS WHICH EVIDENTLY DON'T INCLUDE EMPLOYEES IN GOVERNMENT POSITIONS!!!!!!
The knowledge THAT the Communists' PHILOSOPHY, oh excuse me, PROGRESSIVES' PHILOSOPHY, IS BASED ON ACQUIRING THE BANKING INDUSTRY (or FINANCIAL) SYSTEM, the POLITICAL SYSTEM, and ESTABLISHING DEPENDENCY ON GOVERNMENT is or should be well-known. So, of course, too much REALLY BLATANT ACTION on the part of the Progressives in power IN AMERICA ALARMS THE PUBLIC AND IN RECENT YEARS a softer approach has been advised so that it is easy to deny.
Therefore, it behooves the Progressives to find more subtle ways TO "SKIN THE CAT" especially concerning the banking system in America. The maneuver of making banking dependent on Government controlled FANNIE MAE AND FREDDY MAC, while encouraging greater and greater risky mortgage taking, certainly yielded a bonanza. It was a Progressive "win-win" situation that one has to acknowledge for its duplicity!!!!!!
Putting one over on bankers has long been a cherished game and the Progressives certainly did that. Bankers chose dependency on questionable Federal lending agencies because of greater PROFIT. Progressives in Government solicited a position of funding mortgages for those who could not afford them and in the case of default being able to BLAME THE BANKERS FOR THEIR PART IN THE RUSE!!!!!! BANKERS FORGOT THE OLD RULE OF BANKING--LOAN NOT TO FALLACY FOR FALLACY LOANS TO FAILURE. In other words--loans that can't be repaid are lost money not profit.
There is no doubt that SOME of the current slate of BANKERS were CREDIT FOOLS WHO SAW ONLY THE PROFIT SIDE NOT THE "DOWNSLIDE". THOSE BANKERS CERTAINLY IGNORED another old saying "A MAN IS MEASURED BY HIS DEEDS NOT HIS POCKETBOOK".
AND THE PROGRESSIVES CLAIM THEY MEANT WELL--RATHER THAN ACTED BADLY (lol). So, now Progressives are taking the HIGH ROAD and THRUSTING ALL THE BLAME ON THE BANKING INSTITUTIONS THAT WERE CERTAINLY FREE TO RESIST THE TEMPTATIONS BEING OFFERED BY THE GOVERNMENT. MANY BANKS DID resist AND TO THEM GOES A VOTE OF 'GOOD CREDIT'!!!!!!!!
How does all this help the progressive cause????? IF YOU BANKRUPT A BANK!!!!!!!!!!WITH LAWSUITS FOR SOMETHING YOU HELPED SET IN MOTION--HOW DOES THAT DIFFER FROM TAKING OVER THE BANK????????? Sure, the bank WAS CULPABLE BUT SO WAS THE GOVERNMENT!!!!!!!! Bankrupt the bank and soon MAGNANIMOUS GOVERNMENT can BECOME A SAVIOR and take it into its STICKY WEB.
"OH WHAT A WEB WE WEAVE, WHEN FIRST WE PRACTICE TO DECEIVE"!!!!!!!!!Lots of old sayings that obviously the Progressives have put to good use. IT'S NO WONDER THAT THE PROGRESSIVE PARTY (whoops another mistake-the DEMOCRATIC Party) considers itself the party of intelligence. IF ONE RATES INTELLIGENCE AS DUPLICITY, RUSES, ROLE PLAYING, AND UNWAVERING ILLUSION then their claim is certainly justified. BUT NOT JUSTIFIED IF ONE RATES intelligence as HONESTY, PRINCIPLE, INDIVIDUALITY, and REASON BASED ON REALITY and FACTS.
WE CAN'T CREDIT MANY OF OUR POLITICOS with THAT KIND OF intelligence THESE DAYS BUT the ULTIMATE DUNCE CAP CERTAINLY GOES TO THE PROGRESSIVES FOR GETTING AMERICA INTO THIS MESS.
BUT wait!!!!!!!!!The Progressives have a saying all their own: NO CRISIS SHOULD GO UNWASTED!!!! so SUING THE BANKS AS A PLOY TO TAKING THEM OVER CERTAINLY FITS THAT BILL. AND IF CONTROLLING AMERICA IS THE ULTIMATE GOAL, WHAT BETTER WAY THAN A SEVERE DEPRESSION!!!!!!!!
NO CRISIS SHOULD GO UNWASTED!!!!!!!!! makes clear many of the actions taken in recent months by the Government IS an unrelenting attack on private enterprise.
There is no doubt in this blogger's mind that America is in a war for the minds and hearts of its citizens much like the war that the bankers lost to the Progressives. It is a war where GREED supersedes that other old saying--one the Progressives don't utilize since most do not believe in God: "GOD HELPS THOSE WHO HELP THEMSELVES". AMEN TO THAT!!!!!!
Another old saying from the depression in the 1930's: THERE'S NO SUCH THING AS A FREE LUNCH!!!!!!!!! LOOK AT ALL THE 'FREE LUNCHES' ATTACHED TO GOVERNMENT THESE DAYS.
CHEERS, CONNIE
9/17/11
CHICKEE HUTS, WATER, FIRE, AND CREATIVITY- POST 77
Hi,
Amusement at the JUSTIFICATIONS often given as excuses for even the most basic of actions, the laughter becomes hardier at the more complex of the justifications. By the way, this kind of justifying is recorded in Shakespeare's time so folks have been excusing their feeble ways for centuries.
The latest in a long line of justification for inaction harks back to blog #62 on the use of water in drought stricken fire areas from flood driven water areas in America. There was an article out of Washington recently that pooh poohed the idea of taking water to drought areas from flood areas as too costly and unrealistic. The article cited "a Texas oilman who once envisioned long pipelines carrying water to drought stricken Texas cities". A VISIONARY, obviously, whose idea was ahead of its time. The article called it just one of the untested fantasies of moving water vast distances.
GOOD IDEAS START OUT AS FANTASIES AND THOSE WHO HEAR THEM ALWAYS SAY "OH, NO THAT'S NOT POSSIBLE BECAUSE (WRITE IN HERE WHATEVER JUSTIFICATION!!!!!! that COMES TO MIND).
This WASHINGTON NEWSPAPER writer, obviously, is NOT a visionary and states that "moving vast quantities of water is not simple or cheap experts say," (DID ANYONE SAY IT WAS?????) "and thus not realistic." (NEITHER IS THE GOVERNMENT IN WASHINGTON BUT WE CONTINUE TO SUPPORT THAT!!!!!!) "Mostly it's too costly and political"(SAME AS WASHINGTON AGAIN!!!!!! AND THIS NEWS WRITER LIVES THERE?????). OKAY--neither WAS making a pipeline to Alaska and let's remember ALL WHO SAID IT COULDN'T BE DONE and THAT IT WASN'T REALISTIC. SAME EXPERTS.
THE ANSWER TO THAT can be assumed to be "but oil MAKES MONEY". OF COURSE IT DOES AND SO COULD WATER!!!!!!!!!!!!! If you are pipe lining WATER TO A DROUGHT AREA, DO YOU SUPPOSE THAT COULD BE AS VALUABLE TO THEM AS OIL?????????????? MAYBE MORE VALUABLE??????Is it possible that the FOLKS WHO ARE BEING FLOODED MIGHT CONSIDER MOVING THAT WATER ALONG A BENEFIT AND CONSIDER IT AS VALUABLE AS OIL????????????????? I would venture a guess (but I'm no statistician) that the cost of the fires in Texas and the costs of floods in mid-America and Louisiana alone could pay for the "hundreds of billions" of dollars this article cites building pipelines could cost.
AND WHAT ABOUT EXISTING PIPELINES CARRYING OIL? REMEMBER!!!!!!!!!!OIL AND WATER DON'T MIX!!!!!!!!!!! CAN WE USE THOSE SAME LINES AT GIVEN TIMES??????? CONTAMINATION??????PROCESSING IS A CURE AND THIS IS NOT WATER TO DRINK! its FOR THE LAND!!!!!!!!!!!
The WEIGHT OF WATER is also cited by the Washington newspaper writer as a justification for not moving massive amounts of water up mountains and quotes Arizona law professor,Robert Glennon, author of the book "Unquenchable" as saying "What all those zany ideas suggest are the traditional beliefs that we can control nature and there must be some oasis out there where we can go to import water." He continues "But those are mirages, tempting but not realistic." OH RIGHT ON, PROFESSOR!!!!!! THE EXPLORATION OF SPACE WAS A "MIRAGE AND OASIS" AS WELL BUT IT WAS DONE!!!!!!!!!! CAN WE DO LESS FOR SUFFERING AMERICANS. AND DEAR PRESIDENT OBAMA: HERE'S YOUR WORK FORCE AND JOB CORPS. GET WITH IT!!!!!!!!!!!
First and foremost, as a writer and and artist, I take exception to a lawyer's view of reality. The mess of "REALISTIC" laws in this nation currently floundering through the legal system are an indictment of the realities of the legal process. Left to legal reality, there would be little or no progress attributed to OUTLANDISH, ZANY, CREATIVE IDEAS.
Secondly, the weight of water may have to be explored by Engineers WHO set a course around, through or down through mountains to create portals to send the heavy weight on its way. Engineers built a Shuttle under the sea from England to Paris AND THE NAYSAYERS SAID IT Couldn't BE DONE!!!!!!!!!! THE PRESSURE OF THE WATER WAS TOO GREAT AND WOULD COLLAPSE THE STRUCTURE ETC. ETC. ETC. ETC........... HEY, it seems WE CAN JUSTIFY ALL KINDS OF NEGATIVE REASONS AS WELL AS POSITIVE ONES.
Looking at new ideas (or old ones) has to be done with an OPEN MIND and with the RECOGNITION OF NEW METHODS and ADJACENT costs. It is costing these flooded and drought stricken states and their citizens beyond belief!!!!!! SOMEONE OUT THERE MUST WANT TO EXPLORE "ZANY, OUTLANDISH, UNREALISTIC" IDEAS AND MAKE THEM REALISTIC?????????? PLEASE, SPARE THIS BLOGGER THE PLEBIAN THINKING!!!!!!!!!!!! THE JUSTIFICATIONS!!!!!!!! AND LOOK AT THE POSSIBILITIES!
ON ANOTHER FRONT THIS BLOGGER IS POSTING A PROTEST AGAINST THE WORST USE OF LOCAL GOVERNMENT AND ZONING LAWS. In Florida, a man was run out of the Restaurant business after a three-year code dispute and fines amounting to over $638,000. ($500. a day) HIS SIN?????????? Bad food-NO, NO, NO!!!!!!!!!! LOUSY SERVICE?????????? NO, NO, NO. CHEEKY ATTITUDE??????????? Well MAYBE. HE HAD THE AUDACITY TO BUILD A "CHICKEE HUT" on the side of his business.
For those of you not familiar with FLORIDA INDIANS, THE CHICKEE HUT WAS THE INDIAN HABITAT AND THE HUTS WERE FOUND ALL OVER FLORIDA as little as TWENTY YEARS AGO. And many locals including my parents had them built in their back yards for barbecues. Great atmosphere!!!! THEY HAVE ROOFS OF Palm Fronds among other vegetation and a frame of local wood from trees. They were cherished because of their history. Now this Florida town took exception to a CHICKEE HUT being built on the Restaurant owner's land NEXT TO HIS RESTAURANT (NOT IN IT) WHICH COST HIM $26,000. (even Indian wampum has risen) and was not up to THEIR zoning standards (ONLY THE INDIAN'S). HISTORY SELDOM IS up to ZONING STANDARDS!!!!!!!!! They told THE RESTAURANTEUR to take it down and he refused. AFTER ALL IT IS SUPPOSED TO BE A FREEEEEE COUNTRY!!!!!!!!!
END OF TALE??????????? Well he tried to get approval for modification--city said no deal--tear it down or be fined. OUT OF THE MESS OF LAW, THE CITY WAS AWARDED A FORECLOSURE JUDGEMENT (because they had the law on their side with zoning) WHICH ALLOWED THE CITY TO TAKE THE MAN'S PROPERTY TO RESOLVE THE FINES so HE JUST FILED FOR CHAPTER 11 bankruptcy.
Our REALISTIC LEGAL SYSTEM DID NOT SEE HISTORIC SEMINOLE INDIAN CHICKEE HUTS AS BEING EXEMPT FROM BUILDING CODES IMPOSED BY THE PRESENT ZONING SYSTEM. Our legal system is based on THE REALITY of LAW.
CAN WE SEE THAT THE REALITY OF PRESENT DAY LAW AND THE REALITY OF LIFE HAVE DIFFERING POINTS OF VIEW???????????? JUSTIFICATIONS CAN BE MADE BUT NOTHING CHANGES THE FACT THAT SOMEONE doing business up to food standards and other building standards, evidently honestly and straightforwardly, is now bankrupt, lost his business and his property because he wanted the freedom to build a HISTORIC CHICKEE HUT AND NOT BE ORDERED TO TEAR IT DOWN.
SOMEHOW, DOESN'T THAT SOUND LIKE SOME OF THE STORIES that we read about in COMMUNIST CUBA, RUSSIA, AND CHINA???????????
WHEN YOU VOTE NEXT YEAR, THINK ABOUT THE LOCAL LAWS AND YOUR LOCAL OFFICIALS AS WELL AS THE NATIONAL CANDIDATES!!!!!!!! BE AWARE THAT OPPRESSIVE AND DICTATORIAL LOCAL LAWS ALLOWING NO EXCEPTIONS AND THE ABILITY TO PRESS LARGE FINES CAN BE A HAZARD TO THE FREEDOM to which we all aspire. When justifications are offered for the candidates choices in applying jurisdiction, be sure that you agree that the loss of freedom is worth the action. A CHICKEE HUT can look messy; it can attract palmetto bugs; it is after all part of nature and not part of modern living; but is it SO BAD THAT IT JUSTIFIES the GOVERNMENT RUINING A CITIZEN'S LIFE??????????
This blogger can find no REALISTIC JUSTIFICATION FOR THE CITY TO HAVE ACTED IN THIS MANNER BUT I'M SURE THEY CAN OFFER PLENTY!!!!!!!!!!! JUSTICE DOES NOT COME FROM JUSTIFICATION OR EVEN THE REALITY OF LAW. IT COMES FROM COMPASSION AND COMPASSION IS OFTEN ONLY FOUND IN FREE MEN!!!!!!!
CHEERS, CONNIE
Amusement at the JUSTIFICATIONS often given as excuses for even the most basic of actions, the laughter becomes hardier at the more complex of the justifications. By the way, this kind of justifying is recorded in Shakespeare's time so folks have been excusing their feeble ways for centuries.
The latest in a long line of justification for inaction harks back to blog #62 on the use of water in drought stricken fire areas from flood driven water areas in America. There was an article out of Washington recently that pooh poohed the idea of taking water to drought areas from flood areas as too costly and unrealistic. The article cited "a Texas oilman who once envisioned long pipelines carrying water to drought stricken Texas cities". A VISIONARY, obviously, whose idea was ahead of its time. The article called it just one of the untested fantasies of moving water vast distances.
GOOD IDEAS START OUT AS FANTASIES AND THOSE WHO HEAR THEM ALWAYS SAY "OH, NO THAT'S NOT POSSIBLE BECAUSE (WRITE IN HERE WHATEVER JUSTIFICATION!!!!!! that COMES TO MIND).
This WASHINGTON NEWSPAPER writer, obviously, is NOT a visionary and states that "moving vast quantities of water is not simple or cheap experts say," (DID ANYONE SAY IT WAS?????) "and thus not realistic." (NEITHER IS THE GOVERNMENT IN WASHINGTON BUT WE CONTINUE TO SUPPORT THAT!!!!!!) "Mostly it's too costly and political"(SAME AS WASHINGTON AGAIN!!!!!! AND THIS NEWS WRITER LIVES THERE?????). OKAY--neither WAS making a pipeline to Alaska and let's remember ALL WHO SAID IT COULDN'T BE DONE and THAT IT WASN'T REALISTIC. SAME EXPERTS.
THE ANSWER TO THAT can be assumed to be "but oil MAKES MONEY". OF COURSE IT DOES AND SO COULD WATER!!!!!!!!!!!!! If you are pipe lining WATER TO A DROUGHT AREA, DO YOU SUPPOSE THAT COULD BE AS VALUABLE TO THEM AS OIL?????????????? MAYBE MORE VALUABLE??????Is it possible that the FOLKS WHO ARE BEING FLOODED MIGHT CONSIDER MOVING THAT WATER ALONG A BENEFIT AND CONSIDER IT AS VALUABLE AS OIL????????????????? I would venture a guess (but I'm no statistician) that the cost of the fires in Texas and the costs of floods in mid-America and Louisiana alone could pay for the "hundreds of billions" of dollars this article cites building pipelines could cost.
AND WHAT ABOUT EXISTING PIPELINES CARRYING OIL? REMEMBER!!!!!!!!!!OIL AND WATER DON'T MIX!!!!!!!!!!! CAN WE USE THOSE SAME LINES AT GIVEN TIMES??????? CONTAMINATION??????PROCESSING IS A CURE AND THIS IS NOT WATER TO DRINK! its FOR THE LAND!!!!!!!!!!!
The WEIGHT OF WATER is also cited by the Washington newspaper writer as a justification for not moving massive amounts of water up mountains and quotes Arizona law professor,Robert Glennon, author of the book "Unquenchable" as saying "What all those zany ideas suggest are the traditional beliefs that we can control nature and there must be some oasis out there where we can go to import water." He continues "But those are mirages, tempting but not realistic." OH RIGHT ON, PROFESSOR!!!!!! THE EXPLORATION OF SPACE WAS A "MIRAGE AND OASIS" AS WELL BUT IT WAS DONE!!!!!!!!!! CAN WE DO LESS FOR SUFFERING AMERICANS. AND DEAR PRESIDENT OBAMA: HERE'S YOUR WORK FORCE AND JOB CORPS. GET WITH IT!!!!!!!!!!!
First and foremost, as a writer and and artist, I take exception to a lawyer's view of reality. The mess of "REALISTIC" laws in this nation currently floundering through the legal system are an indictment of the realities of the legal process. Left to legal reality, there would be little or no progress attributed to OUTLANDISH, ZANY, CREATIVE IDEAS.
Secondly, the weight of water may have to be explored by Engineers WHO set a course around, through or down through mountains to create portals to send the heavy weight on its way. Engineers built a Shuttle under the sea from England to Paris AND THE NAYSAYERS SAID IT Couldn't BE DONE!!!!!!!!!! THE PRESSURE OF THE WATER WAS TOO GREAT AND WOULD COLLAPSE THE STRUCTURE ETC. ETC. ETC. ETC........... HEY, it seems WE CAN JUSTIFY ALL KINDS OF NEGATIVE REASONS AS WELL AS POSITIVE ONES.
Looking at new ideas (or old ones) has to be done with an OPEN MIND and with the RECOGNITION OF NEW METHODS and ADJACENT costs. It is costing these flooded and drought stricken states and their citizens beyond belief!!!!!! SOMEONE OUT THERE MUST WANT TO EXPLORE "ZANY, OUTLANDISH, UNREALISTIC" IDEAS AND MAKE THEM REALISTIC?????????? PLEASE, SPARE THIS BLOGGER THE PLEBIAN THINKING!!!!!!!!!!!! THE JUSTIFICATIONS!!!!!!!! AND LOOK AT THE POSSIBILITIES!
ON ANOTHER FRONT THIS BLOGGER IS POSTING A PROTEST AGAINST THE WORST USE OF LOCAL GOVERNMENT AND ZONING LAWS. In Florida, a man was run out of the Restaurant business after a three-year code dispute and fines amounting to over $638,000. ($500. a day) HIS SIN?????????? Bad food-NO, NO, NO!!!!!!!!!! LOUSY SERVICE?????????? NO, NO, NO. CHEEKY ATTITUDE??????????? Well MAYBE. HE HAD THE AUDACITY TO BUILD A "CHICKEE HUT" on the side of his business.
For those of you not familiar with FLORIDA INDIANS, THE CHICKEE HUT WAS THE INDIAN HABITAT AND THE HUTS WERE FOUND ALL OVER FLORIDA as little as TWENTY YEARS AGO. And many locals including my parents had them built in their back yards for barbecues. Great atmosphere!!!! THEY HAVE ROOFS OF Palm Fronds among other vegetation and a frame of local wood from trees. They were cherished because of their history. Now this Florida town took exception to a CHICKEE HUT being built on the Restaurant owner's land NEXT TO HIS RESTAURANT (NOT IN IT) WHICH COST HIM $26,000. (even Indian wampum has risen) and was not up to THEIR zoning standards (ONLY THE INDIAN'S). HISTORY SELDOM IS up to ZONING STANDARDS!!!!!!!!! They told THE RESTAURANTEUR to take it down and he refused. AFTER ALL IT IS SUPPOSED TO BE A FREEEEEE COUNTRY!!!!!!!!!
END OF TALE??????????? Well he tried to get approval for modification--city said no deal--tear it down or be fined. OUT OF THE MESS OF LAW, THE CITY WAS AWARDED A FORECLOSURE JUDGEMENT (because they had the law on their side with zoning) WHICH ALLOWED THE CITY TO TAKE THE MAN'S PROPERTY TO RESOLVE THE FINES so HE JUST FILED FOR CHAPTER 11 bankruptcy.
Our REALISTIC LEGAL SYSTEM DID NOT SEE HISTORIC SEMINOLE INDIAN CHICKEE HUTS AS BEING EXEMPT FROM BUILDING CODES IMPOSED BY THE PRESENT ZONING SYSTEM. Our legal system is based on THE REALITY of LAW.
CAN WE SEE THAT THE REALITY OF PRESENT DAY LAW AND THE REALITY OF LIFE HAVE DIFFERING POINTS OF VIEW???????????? JUSTIFICATIONS CAN BE MADE BUT NOTHING CHANGES THE FACT THAT SOMEONE doing business up to food standards and other building standards, evidently honestly and straightforwardly, is now bankrupt, lost his business and his property because he wanted the freedom to build a HISTORIC CHICKEE HUT AND NOT BE ORDERED TO TEAR IT DOWN.
SOMEHOW, DOESN'T THAT SOUND LIKE SOME OF THE STORIES that we read about in COMMUNIST CUBA, RUSSIA, AND CHINA???????????
WHEN YOU VOTE NEXT YEAR, THINK ABOUT THE LOCAL LAWS AND YOUR LOCAL OFFICIALS AS WELL AS THE NATIONAL CANDIDATES!!!!!!!! BE AWARE THAT OPPRESSIVE AND DICTATORIAL LOCAL LAWS ALLOWING NO EXCEPTIONS AND THE ABILITY TO PRESS LARGE FINES CAN BE A HAZARD TO THE FREEDOM to which we all aspire. When justifications are offered for the candidates choices in applying jurisdiction, be sure that you agree that the loss of freedom is worth the action. A CHICKEE HUT can look messy; it can attract palmetto bugs; it is after all part of nature and not part of modern living; but is it SO BAD THAT IT JUSTIFIES the GOVERNMENT RUINING A CITIZEN'S LIFE??????????
This blogger can find no REALISTIC JUSTIFICATION FOR THE CITY TO HAVE ACTED IN THIS MANNER BUT I'M SURE THEY CAN OFFER PLENTY!!!!!!!!!!! JUSTICE DOES NOT COME FROM JUSTIFICATION OR EVEN THE REALITY OF LAW. IT COMES FROM COMPASSION AND COMPASSION IS OFTEN ONLY FOUND IN FREE MEN!!!!!!!
CHEERS, CONNIE
8/27/11
COMPUTER SHOULD BE EASY COME--EASY GO. POST 76
Hi,
Economically speaking, I have a BIG TIP FOR OUR GLOBAL friends making SOFTWARE and setting up sites for the immense buying public that they hope to attract.
MAKE IT SIMPLE--MAKE IT SENSIBLE--MAKE IT AS EASY AS A GOOD PROGRAM CAN BE!!!!!!!AND DON'T FOOL YOURSELVES INTO THINKING YOU CAN DO OTHERWISE!!!!!!!!!
The current trend in complex Computer software programs of any dimension (used by business, politicians, organized groups etc.) is to make them as difficult and mysterious as possible in order to SELL...SELL...SELL!!!!!! Just selling the software program is not enough. They write them so that you must buy many explanatory books, CDs, videos, short computer courses and long attended courses in various places. NOW AIN'T THAT JUST DUCKY!!!! Everyone has so much extra time after doing their work week, needed chores and and various activities that they would just love to spend it studying these SOFTWARE DEVELOPERS' programs in order to use them. NOT....NOT....NOT!!!!!!!!!!
At the moment, only a segment of the population is suffering the BITE OF THESE SHARKS BUT WITH MORE AND MORE GLOBAL INTERACTION, the number will soon increase. Some of the particular programs at present that suffer from inflated egos and arrogance are in the PUBLISHING FIELD. Many, who work for companies publishing booklets, brochures, books or whatever, are subsidized in time and money to achieve the necessary skills to use these programs. BUT IT SHOULD NOT BE NECESSARY!!!!!!
A well-built software program can be made totally capable of solving or pointing out whatever is needed within the substance of the program. And the authors of the program (in many cases large firms) can easily provide chat rooms, email direction, or phone answers to questions that occur outside that range. INSTEAD THEY PROVIDE FAQS!!!!!!! BEEN THERE???? DONE THAT??????? IT'S A FOREST WITHOUT A PATH; A MOUNTAIN WITHOUT FOOTHOLDS; A MAZE FROM WHICH YOU MAY NEVER EMERGE!!!!!!!!
They need competition to slice through the arrogance and snobbery (I KNOW HOW!!! YOU DON'T!!YA-YA, YA childishness) and GREED!!!!!!!!!!!! AS YOU KNOW I believe in profit!!!!! I DON'T BELIEVE IN PROFITEERING!!!!! OFFERING NO WARRANTY, NO PERSONAL ASSISTANCE, MAKING THE PRODUCT UNNECESSARILY DIFFICULT THEREBY keeping the user from totally utilizing it without GOOD INSTRUCTION is WITHIN TECHNOLOGY tantamount to PROFITEERING!!!!!!!! THE END RESULT IS FORCING USERS INTO PAID INSTRUCTION after buying the ALREADY EXPENSIVE product. REMEMBER MR. SOFTWARE SNOB-COMPETITION IS OUT THERE and it'll be coming AFTER you!!!!!!!!!!
One of the available publishing programs is based on an OLD NEWSPAPER TYPESETTING PROGRAM (THAT FEW folks WOULD NOW KNOW) AND THEIR SHORTCUT SYMBOLS (or Greps as they are now known) and this old newspaper reporter REALLY benefited from some remembered composing room tips given TO her by compositors TOO many years ago to count!!!!!!!!
LUCKILY for the current SOFTWARE PRODUCERS, USERS of their software (SWEARING, SWEATING AND SCANNING FAQS) REQUIRE that software for their employment, business or publishing needs. SO THEY TOUGH IT OUT and many COMPANIES HAVE TO PAY FOR COURSES or for the time wasted on an unnecessarily rough search for answers to some inexplicable happening with the software projects.
YOU KNOW WHAT MADE BILL GATES AND STEVE JOBS AND THE OTHER GIANTS OF THE TECHIE WORLD RICH????????? The recognition that they had to provide a way for folks to easily use the new technological machines of the past--the home computers.
This blogger's first computer was a Radio Shack TRS80 computer which we nicknamed TRASH80. OKAY IT CAME WITH A WHOLE 16 kilobytes of memory with an upgrade to 32-64 KB and it took a techie to upgrade it. Minuscule (1 byte=8 bits) MEMORY-NO THAT'S NOT A MISTAKE--WHO THOUGHT WE'D NEED MORE???) and a switch hidden underneath. IT COST BASICALLY $600. (A FORTUNE in the 70s). Now you can get HP with big monitor, 6GB of ram and 1TB of hard drive. Trust me that's a LOT!!!!for only essentially $500.
It takes 1000 kilobytes to make just l megabyte. Home computers now often have 4,000,000 (4 million) kilobytes (KB). 1 million Megabytes translates into one 1000 GB to achieve a Terabyte (TB) of ROM. This is not to fill your head with numbers but to show HOW FAST WE'VE ADVANCED. I had that TRASH 80 in the mid l970s. That was 16 kilobytes as opposed to "GAD-ZILLION" MILLION bytes OF MEMORY TODAY!!!!!!!!!!! SOUNDS LIKE OUR NATIONAL DEBT DOESN'T IT????????
This sport took three weeks to get the computer running (LIKE CERTAIN SOFTWARE PROGRAM SUPPLIERS--NO ONE COULD OFFER ADVICE-my salesman disappeared into another store). I finally got a tiny SUPPLIED program into the machine. Ever sit for hours looking at a back lit piece of glass and one tiny blinking spot????????? No????????? Well you haven't missed anything. Seeing that dib dab of a program was a great relief when I finally figured out how to make the special Cassette TAPE (yes, it played like a tape recorder) WORK ON THE MACHINE!!!!!! You also saved your work on tape and it often got corrupted so you kept a lot around.
HOWEVER I STILL COULDN'T TYPE anything because I had to learn to write my own formatting program to get into Scripsit, the tiny word processing program on Cassette tape that contained a basic DOS format(that was computer language in the bowels of the machine). I AIN'T BRAGGING. IT CERTAINLY WASN'T MUCH of a program but it got me into the typing mode and I entered it thousands of times in the years to come.
After three weeks of initial frustration, my mate threatened to throw TRASH80 out or take an ax to it because my language was becoming increasingly salty!!!! Luckily, by that time I was close to PLAYING THROUGH, although I still had to learn how to print what I'd written. When I had it actually producing, it became a great time and paper saver for a writer who was accustomed to filling wastebaskets. AND I NEVER LOOKED BACK!!!!!!!
Trash 80 was a complete box--bulky but it included the guts, screen and keyboard all in one piece, however, it lacked much software assistance!!!!!!!!!!! A design that seems to be returning.
TA TANT DUH DAH.....RIDING IN A ON WHITE HORSE in the distance is GOOD OLE BILL GATES who had foreseen our need and prepared a program that let you use the computer EASILY with machine software that allowed the user to enter into the world of techies without having to write their own programs!!!!!!!!! HOORAY!!!!!! BILL IS THE REASON YOU CAN TURN ON THE COMPUTER AND FIND YOUR WAY AROUND EASILY. STEVE JOBS TOOK IT EVEN FURTHER WITH APPLE. Then, of course, the Internet became AVAILABLE because of other visionaries and that's why we need all those BYTES AND RAM FOR PROCESSING AND MEMORY!!!
MEN WITH VISION. OKAY, ALL YOU CURRENT VISIONARIES, THE USERS ARE IN DEEP DOO DOO AGAIN. There will be many more people wanting to use the computer for many tasks in the not too distant future and a need will exist for CREATIVE SOFTWARE that allows them to function without the struggles set up by various programs.
EITHER EXISTING SOFTWARE HAS TO BE MODIFIED SO THAT TIME IS NOT WASTED JUST LEARNING THE PROGRAM AND the user can accomplish the work OR COMPATIBLE SOFTWARE NEEDS TO BE DEVELOPED that breaks into the program and modifies or simplifies it. IT CAN BE DONE!!!!!!! AND YOU CAN BE RICH AS CROESUS WITHOUT HAVING TO STICK IT TO YOUR CONSUMERS!!!!
THAT'S WHAT the current Sophisticated Software Companies are doing. PULLING THEIR USERS CHAINS!!!!!!!!!THERE IS NO EXCUSE FOR HIDING INFORMATION AND MAKING THINGS MORE COMPLICATED THAN THEY HAVE TO BE!!!!!! I'm not talking about Microsoft. It has done a fantastic job providing millions of office workers and others whose simple composing needs are accessed easily on the computer and in word processing.
As you can tell from my blog site, I write books and the sophisticated compositional software is now part of my life. SO, I KNOW WHEREOF I SPEAK. IT'S NOT A JOYOUS PART OF MY LIVING AND IS RENEWING MY FORMER %&^$# LANGUAGE SKILLS!!!!!!!!! And I know from my experience, it DOES NOT HAVE TO BE THIS WAY!!!!!!!!!!
SO, BEFORE OTHERS COPY THESE SOFTWARE PRODUCERS for the many NEW PROGRAMS THAT WILL BE REQUIRED IN FUTURE YEARS that you and yours will need to use, this blogger would like to SUGGEST TO FUTURE PROGRAMMERS THAT THEY HEED THE WARNING!!!!!!!!!If you want to be a HERO LIKE BILL GATES OR STEVE JOBS, PRODUCE SIMPLE BUT SOPHISTICATED SOFTWARE!!!!!!!!Yes, it can be done and it can be JUST AS GOOD OR EVEN BETTER BECAUSE YOU CAN INCLUDE MORE. If you simplify then it's possible to include even more sophistication for folks to use!!!!!!
This blogger (as Trash80 proves) is NO STRANGER to the FRUSTRATION TECHNOLOGY CAN PROVIDE AND HAS OVERCOME IT. So my complaint can't be cast aside as "TOO BAD, YOU DON'T UNDERSTAND TECHNOLOGY OR HAVE NO TENACITY, OR YOU'RE JUST TOO DUMB". Well, it could seem so to the arrogant snobs who wrote the programs but IT JUST DOESN'T WASH!!!!!!!! The means are there for simplicity and now we need the geniuses to implement them and make the user comfortable with the new needs of computing!!!!!!!!!!!!
CHEERS, CONNIE
Economically speaking, I have a BIG TIP FOR OUR GLOBAL friends making SOFTWARE and setting up sites for the immense buying public that they hope to attract.
MAKE IT SIMPLE--MAKE IT SENSIBLE--MAKE IT AS EASY AS A GOOD PROGRAM CAN BE!!!!!!!AND DON'T FOOL YOURSELVES INTO THINKING YOU CAN DO OTHERWISE!!!!!!!!!
The current trend in complex Computer software programs of any dimension (used by business, politicians, organized groups etc.) is to make them as difficult and mysterious as possible in order to SELL...SELL...SELL!!!!!! Just selling the software program is not enough. They write them so that you must buy many explanatory books, CDs, videos, short computer courses and long attended courses in various places. NOW AIN'T THAT JUST DUCKY!!!! Everyone has so much extra time after doing their work week, needed chores and and various activities that they would just love to spend it studying these SOFTWARE DEVELOPERS' programs in order to use them. NOT....NOT....NOT!!!!!!!!!!
At the moment, only a segment of the population is suffering the BITE OF THESE SHARKS BUT WITH MORE AND MORE GLOBAL INTERACTION, the number will soon increase. Some of the particular programs at present that suffer from inflated egos and arrogance are in the PUBLISHING FIELD. Many, who work for companies publishing booklets, brochures, books or whatever, are subsidized in time and money to achieve the necessary skills to use these programs. BUT IT SHOULD NOT BE NECESSARY!!!!!!
A well-built software program can be made totally capable of solving or pointing out whatever is needed within the substance of the program. And the authors of the program (in many cases large firms) can easily provide chat rooms, email direction, or phone answers to questions that occur outside that range. INSTEAD THEY PROVIDE FAQS!!!!!!! BEEN THERE???? DONE THAT??????? IT'S A FOREST WITHOUT A PATH; A MOUNTAIN WITHOUT FOOTHOLDS; A MAZE FROM WHICH YOU MAY NEVER EMERGE!!!!!!!!
They need competition to slice through the arrogance and snobbery (I KNOW HOW!!! YOU DON'T!!YA-YA, YA childishness) and GREED!!!!!!!!!!!! AS YOU KNOW I believe in profit!!!!! I DON'T BELIEVE IN PROFITEERING!!!!! OFFERING NO WARRANTY, NO PERSONAL ASSISTANCE, MAKING THE PRODUCT UNNECESSARILY DIFFICULT THEREBY keeping the user from totally utilizing it without GOOD INSTRUCTION is WITHIN TECHNOLOGY tantamount to PROFITEERING!!!!!!!! THE END RESULT IS FORCING USERS INTO PAID INSTRUCTION after buying the ALREADY EXPENSIVE product. REMEMBER MR. SOFTWARE SNOB-COMPETITION IS OUT THERE and it'll be coming AFTER you!!!!!!!!!!
One of the available publishing programs is based on an OLD NEWSPAPER TYPESETTING PROGRAM (THAT FEW folks WOULD NOW KNOW) AND THEIR SHORTCUT SYMBOLS (or Greps as they are now known) and this old newspaper reporter REALLY benefited from some remembered composing room tips given TO her by compositors TOO many years ago to count!!!!!!!!
LUCKILY for the current SOFTWARE PRODUCERS, USERS of their software (SWEARING, SWEATING AND SCANNING FAQS) REQUIRE that software for their employment, business or publishing needs. SO THEY TOUGH IT OUT and many COMPANIES HAVE TO PAY FOR COURSES or for the time wasted on an unnecessarily rough search for answers to some inexplicable happening with the software projects.
YOU KNOW WHAT MADE BILL GATES AND STEVE JOBS AND THE OTHER GIANTS OF THE TECHIE WORLD RICH????????? The recognition that they had to provide a way for folks to easily use the new technological machines of the past--the home computers.
This blogger's first computer was a Radio Shack TRS80 computer which we nicknamed TRASH80. OKAY IT CAME WITH A WHOLE 16 kilobytes of memory with an upgrade to 32-64 KB and it took a techie to upgrade it. Minuscule (1 byte=8 bits) MEMORY-NO THAT'S NOT A MISTAKE--WHO THOUGHT WE'D NEED MORE???) and a switch hidden underneath. IT COST BASICALLY $600. (A FORTUNE in the 70s). Now you can get HP with big monitor, 6GB of ram and 1TB of hard drive. Trust me that's a LOT!!!!for only essentially $500.
It takes 1000 kilobytes to make just l megabyte. Home computers now often have 4,000,000 (4 million) kilobytes (KB). 1 million Megabytes translates into one 1000 GB to achieve a Terabyte (TB) of ROM. This is not to fill your head with numbers but to show HOW FAST WE'VE ADVANCED. I had that TRASH 80 in the mid l970s. That was 16 kilobytes as opposed to "GAD-ZILLION" MILLION bytes OF MEMORY TODAY!!!!!!!!!!! SOUNDS LIKE OUR NATIONAL DEBT DOESN'T IT????????
This sport took three weeks to get the computer running (LIKE CERTAIN SOFTWARE PROGRAM SUPPLIERS--NO ONE COULD OFFER ADVICE-my salesman disappeared into another store). I finally got a tiny SUPPLIED program into the machine. Ever sit for hours looking at a back lit piece of glass and one tiny blinking spot????????? No????????? Well you haven't missed anything. Seeing that dib dab of a program was a great relief when I finally figured out how to make the special Cassette TAPE (yes, it played like a tape recorder) WORK ON THE MACHINE!!!!!! You also saved your work on tape and it often got corrupted so you kept a lot around.
HOWEVER I STILL COULDN'T TYPE anything because I had to learn to write my own formatting program to get into Scripsit, the tiny word processing program on Cassette tape that contained a basic DOS format(that was computer language in the bowels of the machine). I AIN'T BRAGGING. IT CERTAINLY WASN'T MUCH of a program but it got me into the typing mode and I entered it thousands of times in the years to come.
After three weeks of initial frustration, my mate threatened to throw TRASH80 out or take an ax to it because my language was becoming increasingly salty!!!! Luckily, by that time I was close to PLAYING THROUGH, although I still had to learn how to print what I'd written. When I had it actually producing, it became a great time and paper saver for a writer who was accustomed to filling wastebaskets. AND I NEVER LOOKED BACK!!!!!!!
Trash 80 was a complete box--bulky but it included the guts, screen and keyboard all in one piece, however, it lacked much software assistance!!!!!!!!!!! A design that seems to be returning.
TA TANT DUH DAH.....RIDING IN A ON WHITE HORSE in the distance is GOOD OLE BILL GATES who had foreseen our need and prepared a program that let you use the computer EASILY with machine software that allowed the user to enter into the world of techies without having to write their own programs!!!!!!!!! HOORAY!!!!!! BILL IS THE REASON YOU CAN TURN ON THE COMPUTER AND FIND YOUR WAY AROUND EASILY. STEVE JOBS TOOK IT EVEN FURTHER WITH APPLE. Then, of course, the Internet became AVAILABLE because of other visionaries and that's why we need all those BYTES AND RAM FOR PROCESSING AND MEMORY!!!
MEN WITH VISION. OKAY, ALL YOU CURRENT VISIONARIES, THE USERS ARE IN DEEP DOO DOO AGAIN. There will be many more people wanting to use the computer for many tasks in the not too distant future and a need will exist for CREATIVE SOFTWARE that allows them to function without the struggles set up by various programs.
EITHER EXISTING SOFTWARE HAS TO BE MODIFIED SO THAT TIME IS NOT WASTED JUST LEARNING THE PROGRAM AND the user can accomplish the work OR COMPATIBLE SOFTWARE NEEDS TO BE DEVELOPED that breaks into the program and modifies or simplifies it. IT CAN BE DONE!!!!!!! AND YOU CAN BE RICH AS CROESUS WITHOUT HAVING TO STICK IT TO YOUR CONSUMERS!!!!
THAT'S WHAT the current Sophisticated Software Companies are doing. PULLING THEIR USERS CHAINS!!!!!!!!!THERE IS NO EXCUSE FOR HIDING INFORMATION AND MAKING THINGS MORE COMPLICATED THAN THEY HAVE TO BE!!!!!! I'm not talking about Microsoft. It has done a fantastic job providing millions of office workers and others whose simple composing needs are accessed easily on the computer and in word processing.
As you can tell from my blog site, I write books and the sophisticated compositional software is now part of my life. SO, I KNOW WHEREOF I SPEAK. IT'S NOT A JOYOUS PART OF MY LIVING AND IS RENEWING MY FORMER %&^$# LANGUAGE SKILLS!!!!!!!!! And I know from my experience, it DOES NOT HAVE TO BE THIS WAY!!!!!!!!!!
SO, BEFORE OTHERS COPY THESE SOFTWARE PRODUCERS for the many NEW PROGRAMS THAT WILL BE REQUIRED IN FUTURE YEARS that you and yours will need to use, this blogger would like to SUGGEST TO FUTURE PROGRAMMERS THAT THEY HEED THE WARNING!!!!!!!!!If you want to be a HERO LIKE BILL GATES OR STEVE JOBS, PRODUCE SIMPLE BUT SOPHISTICATED SOFTWARE!!!!!!!!Yes, it can be done and it can be JUST AS GOOD OR EVEN BETTER BECAUSE YOU CAN INCLUDE MORE. If you simplify then it's possible to include even more sophistication for folks to use!!!!!!
This blogger (as Trash80 proves) is NO STRANGER to the FRUSTRATION TECHNOLOGY CAN PROVIDE AND HAS OVERCOME IT. So my complaint can't be cast aside as "TOO BAD, YOU DON'T UNDERSTAND TECHNOLOGY OR HAVE NO TENACITY, OR YOU'RE JUST TOO DUMB". Well, it could seem so to the arrogant snobs who wrote the programs but IT JUST DOESN'T WASH!!!!!!!! The means are there for simplicity and now we need the geniuses to implement them and make the user comfortable with the new needs of computing!!!!!!!!!!!!
CHEERS, CONNIE
8/19/11
TO BUY OR NOT TO BUY--THAT IS QUESTION-post 75
Hi,
Lots of investors this week bought U.S. Government Treasury bonds and gold stocks to get their money out of riskier stocks and into safer territory. Bonds were at a lower percentage THAN THEY'VE BEEN IN YEARS.
For the small investor, T-bills are a better choice. Hard cold GOLD in the safety deposit box is also a better choice than gold stocks if you need to liquidate some of your portfolio. It is definitely the time to get out of risk stocks and bonds and stick with SOMETHING safer LIKE T-BILLS which are paying almost nothing but so far are stable.
Gold showed up at $1800.+ an ounce and you thought it was expensive at $800. an ounce several years ago. It's up 48% from a year+ ago. The prediction that I heard on TV by a gold expert is that it will top out at $3000. BUT REMEMBER, IT IS A RISKY COMMODITY!!!!!!!! IT GOES DOWN AS FAST AS IT GOES UP!!!!!!!!! So don't mistake it for a safe investment. It's speculative. BUY IT TO PUT AWAY in a vault FOR A RAINY DAY (THIS IS NOT NEARLY RAINY YET!!!!!!)
SILVER for those who can't bear to pay the price for GOLD is a usable commodity in bad times. Some favor coins and if they become numismatic, that's all to the good. Silver (not ersatz plated) is always good for the food and other necessities. Gold goes to taxes and big ticket problems. SILVER IS ALSO VALUED AT THE PRICE OF SILVER bullion NOT JUST THE COIN VALUE!!!! TEAPOTS, SILVER PLATTERS AND SILVERWARE RATE RIGHT UP THERE WITH GOLD FOR the big ticket items. It's hard for a grocer to give change on an order paid by a TEAPOT. SILVER CARRIES THE SAME RISKS AS GOLD IN FLUCTUATING PRICES but coins in the vault can be a comforting feeling when ALL ABOUT YOU IS RAINING DOWN ECONOMIC LOSS. Remember the German debacle when their money had to be carried in bushel baskets for a loaf of bread!!!!!For the lady investors, remember DIAMONDS ARE A GIRL'S BEST FRIEND as well as rubies, sapphires and emeralds--again not the ersatz kind. FIND A JEWELER YOU CAN TRUST!!!!!!!!
Let's face it , folks, economies can fail!!!!!!!Witness Greece and in the past Brazil but unless President Obama continues to spend from the Treasury like the other drunken sailors in our erstwhile government, AMERICA is still the safest and best economy going.
No matter what the Communists tell us in their propaganda, the Capitalist system is being taken on all over the world (including China). Capitalism is KICKING Communist BUTT and is winning over minds and hearts. THAT'S WHY THE HARD PUSH ON US IN AMERICA. THEY FIGURE IF WE GET ON THE BANDWAGON THEY CAN TURN THINGS AROUND!!! But because CAPITALISM is getting popular and being used by countries that have never had a free economy, there's a lot of error being made. (OR DOWNRIGHT CROOKED DEALING.) Our system has been in place with all kinds of checks and balances that MAY NOT exist in other stock markets opened across the world. REMEMBER WE NOT ONLY HAD ONE OF THE FIRST FINANCIAL MARKET PLACES BUT FOR A LONG WHILE OUR STOCK MARKET WAS A RARITY!!!!!!!!!
WE ALSO NEED TO UNDERSTAND THAT a lot of what the wealthy used to call the NOUVEAU RICHE (that's the middle class--folks!!!!!!) are in the stock market today and are neophytes and not used to the ups and downs that are a regular event in stock trading. Liken it to SKIING, THERE'S A LOT OF UPS AND DOWNS, AND FALLS ALONG THE WAY UNTIL YOU PERFECT YOUR TECHNIQUE!!!!!!!!!!Even then there are a few embarrassing pratfalls.
SO THE STOCK MARKET is reflecting the fear of a lot of individual and new investors which drives it down as they sell, sell, sell to protect their assets. It, therefore, is not acting as a growth market but a very speculative market with severe trends. Unfortunately, this is not what the market is truly about. Yes, there are areas of risky speculation and like Las Vegas, winning is to be anticipated if not won. BUT THE MAIN THRUST OF THE MARKET SHOULD ALWAYS BE LONG TERM GROWTH!!!!!!!
A long term market is a slow climb based on companies and commodities that reflect steady growth and although WITHOUT flashy winners show financial gains over a long term. THEN AND ONLY THEN are your assets really in good hands. SENIORS SHOULD BE MOSTLY IN SAFE ASSETS since they're into utility not growth.
That's what the old term (which you no longer hear) BLUE CHIP STOCKS was all about. In those days that included General Motors (now a Government bail out), General Electric, Railroads, Utilities and certain rating top-starred companies. If a stock was rated tops then downgraded by Standard and Poors, it became an orphan outside ITS BLUE CHIP COMRADES.
Speaking of COMRADES, CHINA has a vital capitalistic system working through its Communistic shrouds and has dumped many of its former Government business ventures as too costly and too poorly run by the bureaucrats. They are attempting to run the two systems side by side but it's not going well for Communist idealists, who are finding little Government funding for their projects. WHAT DOES THIS MEAN, EXACTLY?????????? WHO THE DICKENS KNOWS BUT THIS BLOGGER'S GUESS IS AS GOOD AS ANY!!!!
It probably means what many of us believed, IT'S JUST TOO DAMNED EXPENSIVE to let ONLY IDEALS RULE!!!!!!!!!GOOD FINANCIAL PLANNING WITH PROFIT AND....LOSS CAN MAKE THE IDEALS WORK!!! AND COME TO FRUITION. Not the OTHER WAY AROUND!!!!!!! MOST OF US HAVE ALWAYS WANTED THE BEST FOR ALL but it has to come out of REALITY NOT A DREAMER'S PIPE.
And as more people recognize this, stock markets appear TO RULE, based on CAPITALISM, but it's going to take time for the REALISTS AND THE DREAMERS TO MAKE A PACT, JOIN HANDS, AND FINALLY provide the DREAM. THE LEARNING OF A NEW SYSTEM based on CAPITALISM is going to take most places in the world a while to assimilate but it may be the case that when they do, they will be better at it than Americans!!! OH, HORRORS!!!!!!!!!! HOIST ON OUR OWN PETARD AGAIN!!!!!
The gist of all this is that as we have INVESTORS APPEARING ALL OVER THE WORLD, our stock market will become financial fodder as well (and has) and be a lot more erratic and volatile than it may have been in the past. (WELL, THAT'S A STRETCH OF THE IMAGINATION!!!)
We have become so global (world-wide) with the Internet and all the technology that America can no longer depend on a nice neat AMERICAN BLUE CHIP standard. However, it is possible to eventually have a GLOBAL BLUE CHIP PORTFOLIO appear and offer some real prosperity to many.
So tuck away a little gold and/or silver (that way you'll eat, buy jeans, and pay the mortgage) then hunker down for the LONG HAUL!!!!!!!!In the the long run if your portfolio has been well chosen, you will begin to earn again and your money will provide the comfort you seek.
CHEERS, CONNIE
Lots of investors this week bought U.S. Government Treasury bonds and gold stocks to get their money out of riskier stocks and into safer territory. Bonds were at a lower percentage THAN THEY'VE BEEN IN YEARS.
For the small investor, T-bills are a better choice. Hard cold GOLD in the safety deposit box is also a better choice than gold stocks if you need to liquidate some of your portfolio. It is definitely the time to get out of risk stocks and bonds and stick with SOMETHING safer LIKE T-BILLS which are paying almost nothing but so far are stable.
Gold showed up at $1800.+ an ounce and you thought it was expensive at $800. an ounce several years ago. It's up 48% from a year+ ago. The prediction that I heard on TV by a gold expert is that it will top out at $3000. BUT REMEMBER, IT IS A RISKY COMMODITY!!!!!!!! IT GOES DOWN AS FAST AS IT GOES UP!!!!!!!!! So don't mistake it for a safe investment. It's speculative. BUY IT TO PUT AWAY in a vault FOR A RAINY DAY (THIS IS NOT NEARLY RAINY YET!!!!!!)
SILVER for those who can't bear to pay the price for GOLD is a usable commodity in bad times. Some favor coins and if they become numismatic, that's all to the good. Silver (not ersatz plated) is always good for the food and other necessities. Gold goes to taxes and big ticket problems. SILVER IS ALSO VALUED AT THE PRICE OF SILVER bullion NOT JUST THE COIN VALUE!!!! TEAPOTS, SILVER PLATTERS AND SILVERWARE RATE RIGHT UP THERE WITH GOLD FOR the big ticket items. It's hard for a grocer to give change on an order paid by a TEAPOT. SILVER CARRIES THE SAME RISKS AS GOLD IN FLUCTUATING PRICES but coins in the vault can be a comforting feeling when ALL ABOUT YOU IS RAINING DOWN ECONOMIC LOSS. Remember the German debacle when their money had to be carried in bushel baskets for a loaf of bread!!!!!For the lady investors, remember DIAMONDS ARE A GIRL'S BEST FRIEND as well as rubies, sapphires and emeralds--again not the ersatz kind. FIND A JEWELER YOU CAN TRUST!!!!!!!!
Let's face it , folks, economies can fail!!!!!!!Witness Greece and in the past Brazil but unless President Obama continues to spend from the Treasury like the other drunken sailors in our erstwhile government, AMERICA is still the safest and best economy going.
No matter what the Communists tell us in their propaganda, the Capitalist system is being taken on all over the world (including China). Capitalism is KICKING Communist BUTT and is winning over minds and hearts. THAT'S WHY THE HARD PUSH ON US IN AMERICA. THEY FIGURE IF WE GET ON THE BANDWAGON THEY CAN TURN THINGS AROUND!!! But because CAPITALISM is getting popular and being used by countries that have never had a free economy, there's a lot of error being made. (OR DOWNRIGHT CROOKED DEALING.) Our system has been in place with all kinds of checks and balances that MAY NOT exist in other stock markets opened across the world. REMEMBER WE NOT ONLY HAD ONE OF THE FIRST FINANCIAL MARKET PLACES BUT FOR A LONG WHILE OUR STOCK MARKET WAS A RARITY!!!!!!!!!
WE ALSO NEED TO UNDERSTAND THAT a lot of what the wealthy used to call the NOUVEAU RICHE (that's the middle class--folks!!!!!!) are in the stock market today and are neophytes and not used to the ups and downs that are a regular event in stock trading. Liken it to SKIING, THERE'S A LOT OF UPS AND DOWNS, AND FALLS ALONG THE WAY UNTIL YOU PERFECT YOUR TECHNIQUE!!!!!!!!!!Even then there are a few embarrassing pratfalls.
SO THE STOCK MARKET is reflecting the fear of a lot of individual and new investors which drives it down as they sell, sell, sell to protect their assets. It, therefore, is not acting as a growth market but a very speculative market with severe trends. Unfortunately, this is not what the market is truly about. Yes, there are areas of risky speculation and like Las Vegas, winning is to be anticipated if not won. BUT THE MAIN THRUST OF THE MARKET SHOULD ALWAYS BE LONG TERM GROWTH!!!!!!!
A long term market is a slow climb based on companies and commodities that reflect steady growth and although WITHOUT flashy winners show financial gains over a long term. THEN AND ONLY THEN are your assets really in good hands. SENIORS SHOULD BE MOSTLY IN SAFE ASSETS since they're into utility not growth.
That's what the old term (which you no longer hear) BLUE CHIP STOCKS was all about. In those days that included General Motors (now a Government bail out), General Electric, Railroads, Utilities and certain rating top-starred companies. If a stock was rated tops then downgraded by Standard and Poors, it became an orphan outside ITS BLUE CHIP COMRADES.
Speaking of COMRADES, CHINA has a vital capitalistic system working through its Communistic shrouds and has dumped many of its former Government business ventures as too costly and too poorly run by the bureaucrats. They are attempting to run the two systems side by side but it's not going well for Communist idealists, who are finding little Government funding for their projects. WHAT DOES THIS MEAN, EXACTLY?????????? WHO THE DICKENS KNOWS BUT THIS BLOGGER'S GUESS IS AS GOOD AS ANY!!!!
It probably means what many of us believed, IT'S JUST TOO DAMNED EXPENSIVE to let ONLY IDEALS RULE!!!!!!!!!GOOD FINANCIAL PLANNING WITH PROFIT AND....LOSS CAN MAKE THE IDEALS WORK!!! AND COME TO FRUITION. Not the OTHER WAY AROUND!!!!!!! MOST OF US HAVE ALWAYS WANTED THE BEST FOR ALL but it has to come out of REALITY NOT A DREAMER'S PIPE.
And as more people recognize this, stock markets appear TO RULE, based on CAPITALISM, but it's going to take time for the REALISTS AND THE DREAMERS TO MAKE A PACT, JOIN HANDS, AND FINALLY provide the DREAM. THE LEARNING OF A NEW SYSTEM based on CAPITALISM is going to take most places in the world a while to assimilate but it may be the case that when they do, they will be better at it than Americans!!! OH, HORRORS!!!!!!!!!! HOIST ON OUR OWN PETARD AGAIN!!!!!
The gist of all this is that as we have INVESTORS APPEARING ALL OVER THE WORLD, our stock market will become financial fodder as well (and has) and be a lot more erratic and volatile than it may have been in the past. (WELL, THAT'S A STRETCH OF THE IMAGINATION!!!)
We have become so global (world-wide) with the Internet and all the technology that America can no longer depend on a nice neat AMERICAN BLUE CHIP standard. However, it is possible to eventually have a GLOBAL BLUE CHIP PORTFOLIO appear and offer some real prosperity to many.
So tuck away a little gold and/or silver (that way you'll eat, buy jeans, and pay the mortgage) then hunker down for the LONG HAUL!!!!!!!!In the the long run if your portfolio has been well chosen, you will begin to earn again and your money will provide the comfort you seek.
CHEERS, CONNIE
8/13/11
YO-YOING STOCK MARKET POST 74
Hi,
WHAT A MONTH!!!!!!!The stock market yo-yo dance is concerning to all investors so I want to attempt to impose some economic reality!!!!!!!
When this blogger was a young lass (some many years ago!!!!!!) a gentleman named Pop Jarrett introduced and instructed his naive friend on the STOCK MARKET. Hearing about BULLS AND BEARS, was concerning and caused the WONDER of the HUNT?????
He was very wise to the mysterious BOBBING OBJECT called the market SINCE HE HELD A SEAT ON THE STOCK EXCHANGE AND KNEW THE INS AND OUTS. A very lucky education. One of his first pieces of advice is still GOOD today. If you make 6% overall return in a year on your portfolio--YOU'RE A WINNER!!!!!!!!!!!
He attempted to buy wisely after investigating the stock completely (OF COURSE he never forgot that the BEST IS TO BUY LOW (the BEAR MARKET)--SELL HIGH!!!!!!!(THE BULL MARKET) RIGHT???????) and did not let the strong tides of the market affect his STABLE STOCKS.(called BLUE CHIPS in those days) He also bought some INVESTMENT GAMBLES (only about one-tenth of his portfolio) and tried to sell before they WENT DOWN IN FLAMES in a Bear Market. All good advice for then and now.
HE ALSO said THAT THE STOCK MARKET WAS NOT FOR THE FAINT HEARTED!!!!!!!!! Being a neophyte and faint hearted, it was advice well taken. His instructions also included for Stock Market buyers the ADVICE TO BUY GOLD AS A HEDGE AND IF THE MARKET'S GOING UP AND DOWN RAPIDLY BUY SILVER AS WELL. BELIEVE ME THE MARKET HASN'T CHANGED MUCH!!!!!!!!THE ADVICE IS AS GOOD TODAY AS IT WAS THEN!!!!!!!!!!!
One thing to remember is what the numbers on the STOCK MARKET REPRESENT. When this advice was given the MARKET WAS 800 POINTS ON THE DOW-JONES AVERAGE!!!!!!!!! That's right 800. NOT THE 14,000 IT HAD BECOME BEFORE IT WENT DOWN IN THE FIRST RECESSION.
Now think about this: If the Dow-Jones 800 point average CLIMBED TO 14000 POINTS in the twenty-first century, then there is another FACTOR TO BE CONSIDERED!!!!!!!!! HOW MUCH HAVE PRICES RISEN since LET'S SAY 1981 WHEN THE STOCK MARKET WAS AT 943 points ???????????? Well, an ECONOMIC RULE OF THUMB IS 10X. If prices are INFLATED (10Xlb.butter@.49 = $4.90) then doesn't it stand to reason that the market would REFLECT THAT INFLATION??????????
OKAY LIKE JOHNNY CARSON USED TO SAY ABOUT COMEDY "You buy the premise, you buy the bit"!!!!!!!!!! and ISN'T OUR FINANCIAL STRUCTURE "COMEDY"??????
SO FOLLOWING THE 10X logic the 943 MARKET SHOULD REFLECT AN INCREASE to 9430 POINTS and anything above that amount would BE RISKY "TERROR"TORY which puts a NEW LIGHT ON THE NUMBERS. When the market falls BELOW 9000 MIGHT BE THE TIME TO START WORRYING IF you are INVESTED IN ALL THAT CLOUDY SKY OR TRICKY VENTURES THAT DRIVE A MARKET TO HELL AND GONE!!!!!HIGH!!!!!!!!!!
The STOCK MARKET IS ONLY A REFLECTION OF WHAT INVESTORS ARE DOING AND BELIEVING!!!!!!!! A NEW VENTURE OR MULTIPLE VENTURES thought to be TERRIFIC can enter the game QUICKLY THESE DAYS,BE BOUGHT BIG,be reflected in positive numbers AND RISE. THE SAME STOCKS can turn sour RAPIDLY, lose followers and BE SOLD BIG AND FALL. SINCE THESE STOCKS ARE BOUGHT AND SOLD AT THE CURRENT 10X INFLATED DOLLAR, BIG NUMBERS BECOME STANDARD INFORMATION TO THE FOLKS FOLLOWING.
Of course, current investors are buying at these prices and they're losing at these prices if not wisely invested BUT that does NOT MEAN THAT THE MARKET IS COLLAPSING!!!!!!!!IT IS SIMPLY REFLECTING THE REALITY OF THE BUYING AND SELLING OF INVESTORS AND THEIR THOUGHTS ON WHAT IS HAPPENING FINANCIALLY, POLITICALLY, AND ECONOMICALLY.
Unfortunately REALITY is not well accepted these days in any field let alone the STOCK MARKET. OBVIOUSLY OUR POLITICIANS ARE HAVING TO FACE REALITY CHECKS THESE DAYS AS THEY FACE THEIR DENIAL OF INFLATION!!!!!!!
A factor in the AMERICAN STOCK MARKET that many citizens are not taking into consideration is that IT IS NO LONGER THE ONLY GAME IN THE WORLD!!!!!!!!!! Stock Markets have popped up all over the world as OUR CAPITALISTIC SYSTEM has begun TO KICK COMMUNISTIC BUTT elsewhere on our planet!!!!!!!!! AND WE HAVE TO FACE THE FACT that COMMUNISM GOES DOWN HARD!!!!!! There are many classes of MONIED FOLKS INVOLVED IN MANY MARKETS and a little MANIPULATION is not BEYOND THE ABILITIES, SKILL AND IMMORAL TACTICS OF THOSE WHO HOLD THE POWER. POWERFUL COMMUNISTS understand that MONEY WIELDS POWER in spite of all their rhetoric about not seeking money or power!!!!!!
And making the whole scenario even more complicated is the reality that people all over the world can now buy stocks and bonds through ON-LINE FIRMS THAT EITHER CHARGE LITTLE OR NO FEE and these BUYS AND SELLS THOUGH SMALL ARE VOLATILE and often based on little or no expertise other than OOPS--THERE GOES MY MONEY!!!!!!!!!! SELL...SELL...SELL!!!!!! The more small investors appear on OUR STOCK MARKET buying on the INTERNET with little knowledge, the more VOLATILE OUR STOCK MARKET (AND OTHERS) ARE LIKELY TO BECOME!!!!!!!
THE MESSAGE TODAY is that ALL INVESTORS MUST APPROACH ANY STOCK OR BOND MARKET with REALISM!!!!!!!!!! HO-HO-HO!!!!! THEREIN LIES THE COMEDY!!!!! Much of the world and its inhabitants have lost touch with that ILLUSIVE FRAME OF MIND. AND THIS LOSS OF REALITY ABOUT FINANCIAL CONCERNS LEADS TO OTHER PROBLEMS SUCH AS THEY HAD IN LONDON THIS WEEK.
The riots in LONDON although SHOCKING should have been anticipated. WE ARE GIVING OUR YOUTH THE IDEA THAT IT IS THEIR RIGHT TO ........HAVE IT ALL.......!!!!!!!!!! WITHOUT RESPONSIBILITY OR MORALS. SO WHEN THE ECONOMY TANKS AND THE STOCK MARKETS GO INTO BEAR MODE and their PARENTS REFLECT FEAR AND FAMINE....THEY THINK THEY HAVE A RIGHT TO TAKE WHAT THEY WANT BY FORCE.
WAKE UP FOLKS!!!!!!THE ENEMY IS LIVING IN YOUR OWN ABODE!!!!!!!TAKE THAT CELL PHONE AND PUT IT AWAY UNTIL THEY COME OF AGE. Don't expect them to UNDERSTAND a REALITY that ADULTS CAN BARELY COMPREHEND. Don't expect them to show a RESPONSIBILITY BARELY TAUGHT; GENEROSITY LIKE MOST GOOD TRAITS can become misused and CAUSE POOR MORAL HABITS. MODERN MORALS are THESE 5R'S: REALITY, RESPONSIBILITY, REMORSE, RALLYING AND RIGHT ACTIONS!!!!!! Not Rumbles, rampage, radicalism, rape, and ransacking. TEACH YOUR KIDS AND GRAND KIDS THE RIGHT 5R'S!!!!!!!!
CHEERS, CONNIE
WHAT A MONTH!!!!!!!The stock market yo-yo dance is concerning to all investors so I want to attempt to impose some economic reality!!!!!!!
When this blogger was a young lass (some many years ago!!!!!!) a gentleman named Pop Jarrett introduced and instructed his naive friend on the STOCK MARKET. Hearing about BULLS AND BEARS, was concerning and caused the WONDER of the HUNT?????
He was very wise to the mysterious BOBBING OBJECT called the market SINCE HE HELD A SEAT ON THE STOCK EXCHANGE AND KNEW THE INS AND OUTS. A very lucky education. One of his first pieces of advice is still GOOD today. If you make 6% overall return in a year on your portfolio--YOU'RE A WINNER!!!!!!!!!!!
He attempted to buy wisely after investigating the stock completely (OF COURSE he never forgot that the BEST IS TO BUY LOW (the BEAR MARKET)--SELL HIGH!!!!!!!(THE BULL MARKET) RIGHT???????) and did not let the strong tides of the market affect his STABLE STOCKS.(called BLUE CHIPS in those days) He also bought some INVESTMENT GAMBLES (only about one-tenth of his portfolio) and tried to sell before they WENT DOWN IN FLAMES in a Bear Market. All good advice for then and now.
HE ALSO said THAT THE STOCK MARKET WAS NOT FOR THE FAINT HEARTED!!!!!!!!! Being a neophyte and faint hearted, it was advice well taken. His instructions also included for Stock Market buyers the ADVICE TO BUY GOLD AS A HEDGE AND IF THE MARKET'S GOING UP AND DOWN RAPIDLY BUY SILVER AS WELL. BELIEVE ME THE MARKET HASN'T CHANGED MUCH!!!!!!!!THE ADVICE IS AS GOOD TODAY AS IT WAS THEN!!!!!!!!!!!
One thing to remember is what the numbers on the STOCK MARKET REPRESENT. When this advice was given the MARKET WAS 800 POINTS ON THE DOW-JONES AVERAGE!!!!!!!!! That's right 800. NOT THE 14,000 IT HAD BECOME BEFORE IT WENT DOWN IN THE FIRST RECESSION.
Now think about this: If the Dow-Jones 800 point average CLIMBED TO 14000 POINTS in the twenty-first century, then there is another FACTOR TO BE CONSIDERED!!!!!!!!! HOW MUCH HAVE PRICES RISEN since LET'S SAY 1981 WHEN THE STOCK MARKET WAS AT 943 points ???????????? Well, an ECONOMIC RULE OF THUMB IS 10X. If prices are INFLATED (10Xlb.butter@.49 = $4.90) then doesn't it stand to reason that the market would REFLECT THAT INFLATION??????????
OKAY LIKE JOHNNY CARSON USED TO SAY ABOUT COMEDY "You buy the premise, you buy the bit"!!!!!!!!!! and ISN'T OUR FINANCIAL STRUCTURE "COMEDY"??????
SO FOLLOWING THE 10X logic the 943 MARKET SHOULD REFLECT AN INCREASE to 9430 POINTS and anything above that amount would BE RISKY "TERROR"TORY which puts a NEW LIGHT ON THE NUMBERS. When the market falls BELOW 9000 MIGHT BE THE TIME TO START WORRYING IF you are INVESTED IN ALL THAT CLOUDY SKY OR TRICKY VENTURES THAT DRIVE A MARKET TO HELL AND GONE!!!!!HIGH!!!!!!!!!!
The STOCK MARKET IS ONLY A REFLECTION OF WHAT INVESTORS ARE DOING AND BELIEVING!!!!!!!! A NEW VENTURE OR MULTIPLE VENTURES thought to be TERRIFIC can enter the game QUICKLY THESE DAYS,BE BOUGHT BIG,be reflected in positive numbers AND RISE. THE SAME STOCKS can turn sour RAPIDLY, lose followers and BE SOLD BIG AND FALL. SINCE THESE STOCKS ARE BOUGHT AND SOLD AT THE CURRENT 10X INFLATED DOLLAR, BIG NUMBERS BECOME STANDARD INFORMATION TO THE FOLKS FOLLOWING.
Of course, current investors are buying at these prices and they're losing at these prices if not wisely invested BUT that does NOT MEAN THAT THE MARKET IS COLLAPSING!!!!!!!!IT IS SIMPLY REFLECTING THE REALITY OF THE BUYING AND SELLING OF INVESTORS AND THEIR THOUGHTS ON WHAT IS HAPPENING FINANCIALLY, POLITICALLY, AND ECONOMICALLY.
Unfortunately REALITY is not well accepted these days in any field let alone the STOCK MARKET. OBVIOUSLY OUR POLITICIANS ARE HAVING TO FACE REALITY CHECKS THESE DAYS AS THEY FACE THEIR DENIAL OF INFLATION!!!!!!!
A factor in the AMERICAN STOCK MARKET that many citizens are not taking into consideration is that IT IS NO LONGER THE ONLY GAME IN THE WORLD!!!!!!!!!! Stock Markets have popped up all over the world as OUR CAPITALISTIC SYSTEM has begun TO KICK COMMUNISTIC BUTT elsewhere on our planet!!!!!!!!! AND WE HAVE TO FACE THE FACT that COMMUNISM GOES DOWN HARD!!!!!! There are many classes of MONIED FOLKS INVOLVED IN MANY MARKETS and a little MANIPULATION is not BEYOND THE ABILITIES, SKILL AND IMMORAL TACTICS OF THOSE WHO HOLD THE POWER. POWERFUL COMMUNISTS understand that MONEY WIELDS POWER in spite of all their rhetoric about not seeking money or power!!!!!!
And making the whole scenario even more complicated is the reality that people all over the world can now buy stocks and bonds through ON-LINE FIRMS THAT EITHER CHARGE LITTLE OR NO FEE and these BUYS AND SELLS THOUGH SMALL ARE VOLATILE and often based on little or no expertise other than OOPS--THERE GOES MY MONEY!!!!!!!!!! SELL...SELL...SELL!!!!!! The more small investors appear on OUR STOCK MARKET buying on the INTERNET with little knowledge, the more VOLATILE OUR STOCK MARKET (AND OTHERS) ARE LIKELY TO BECOME!!!!!!!
THE MESSAGE TODAY is that ALL INVESTORS MUST APPROACH ANY STOCK OR BOND MARKET with REALISM!!!!!!!!!! HO-HO-HO!!!!! THEREIN LIES THE COMEDY!!!!! Much of the world and its inhabitants have lost touch with that ILLUSIVE FRAME OF MIND. AND THIS LOSS OF REALITY ABOUT FINANCIAL CONCERNS LEADS TO OTHER PROBLEMS SUCH AS THEY HAD IN LONDON THIS WEEK.
The riots in LONDON although SHOCKING should have been anticipated. WE ARE GIVING OUR YOUTH THE IDEA THAT IT IS THEIR RIGHT TO ........HAVE IT ALL.......!!!!!!!!!! WITHOUT RESPONSIBILITY OR MORALS. SO WHEN THE ECONOMY TANKS AND THE STOCK MARKETS GO INTO BEAR MODE and their PARENTS REFLECT FEAR AND FAMINE....THEY THINK THEY HAVE A RIGHT TO TAKE WHAT THEY WANT BY FORCE.
WAKE UP FOLKS!!!!!!THE ENEMY IS LIVING IN YOUR OWN ABODE!!!!!!!TAKE THAT CELL PHONE AND PUT IT AWAY UNTIL THEY COME OF AGE. Don't expect them to UNDERSTAND a REALITY that ADULTS CAN BARELY COMPREHEND. Don't expect them to show a RESPONSIBILITY BARELY TAUGHT; GENEROSITY LIKE MOST GOOD TRAITS can become misused and CAUSE POOR MORAL HABITS. MODERN MORALS are THESE 5R'S: REALITY, RESPONSIBILITY, REMORSE, RALLYING AND RIGHT ACTIONS!!!!!! Not Rumbles, rampage, radicalism, rape, and ransacking. TEACH YOUR KIDS AND GRAND KIDS THE RIGHT 5R'S!!!!!!!!
CHEERS, CONNIE
8/5/11
WHY A REPRIMAND FROM STANDARD AND POOR'S TO AMERICA? LISTEN UP! POST 73
Hi,
The recent news on Standard and Poor's credit rating information that came out recently and lowered the United States credit rating was a real blow to AMERICA'S standing in the Global community!!!!!!!!!!!!! THIS IS NOT AN ITEM TO BE OVERLOOKED. IT IS IMPORTANT!!!!!!!!! These credit rating agencies NOW ALL BUT RULE THE WORLD OF TRADE AND FINANCIAL MATTERS!!!!!!! NO KIDDING AROUND. The world changed from Communist control to Capitalist control when the WALL CAME DOWN IN BERLIN!!!!!!!
Unfortunately, our voters did not notice that CHANGE AND A NEW WORLD ORDER was packaged into INTO CAPITALISM AND GLOBAL TRADING NOT COMMUNISM!!!!!! SO AMERICA IS CURRENTLY DEALING WITH COMBATING THE ANCIENT SYSTEM OF COMMUNISM, WRITHING IN THE PAINFUL THROES OF DEFEAT, while the rest of the world has moved on!!!!!!!!
What many people have not been kept informed about is how important these CREDIT RATING AGENCIES have become because of global trading and it is a real reprimand to President Obama and his administration and their handling of financial matters.
STANDARD AND POOR'S AND agencies like them "LIKE" NOW "RULE" THE WORLD AND WHAT THEY SAY INFLUENCES ALL FINANCIAL INTERACTIONS. Sure we don't have to play by their rules but the rest of the world doesn't have to trade with us, loan us money and could demand IMMEDIATE REPAYMENT OF ALL LOANS WITH INTEREST!!!!!!!!HAVE YOU CHECKED LATELY TO SEE HOW MUCH WE OWE??????????
Because global trading has introduced CAPITALISM to most of the world, certain inflexible rules have come into play that govern who borrows what, where and when! Somehow this seems to have slipped past the attention of the ruling hierarchy in Washington, who can no longer do as they DAMN WELL PLEASE in financial matters and expect the GLOBAL COMMUNITY TO SUPPORT THEM.
ISN'T IT IRONIC??????? AMERICA INTRODUCED CAPITALISM TO THE MODERN WORLD and we are using it so badly that the agencies who govern the credit ratings have to slap us on the wrist!!!!!!!!
The reason I started 73 ISSUES AGO writing this ECONOMICS BLOG WAS REINFORCED IN THE NEWSPAPER THIS WEEK!!!!!!!!!!!! Some erstwhile Economists had some NINCOMPOOP IDEAS ON DEBT. Obviously, they had been asked to REBUT the idea that a GOVERNMENT BUDGET could be handled like a PERSONAL BUDGET. That is not necessarily TRUE OR UNTRUE but the lead SENTENCE DROVE this blogger UP THE WALL!!!!!!
This is the lead: 'DEBT IS NOT ALL BAD FOR GOVERNMENT'. That evidently MEANS particularly IF you DON'T HAVE TO REPAY IT!!!!!!!!!!! Yeah right. Tell that to Standard and Poor's rating facility!!!
DEBT IS A TERM THAT MEANS 'THAT WHICH HAS BEEN UNPAID'. It is not called 'UNLIMITED DEBT' OR DEBT THAT DOESN'T HAVE TO BE REPAID (that's called A GIFT), OR DEBT THAT YOU HAND DOWN TO YOUR CHILDREN (that's been the case since the depression in the thirties)OR DEBT THAT YOU INCUR JUST BECAUSE YOU CAN!!!!!!!!!!OR DOZENS OF OTHER DEFINITIONS.
DEBT PLAIN AND SIMPLE IS MONEY BORROWED FROM SOMEONE OR SOMEWHERE THAT IS EXPECTED TO BE RETURNED HOPEFULLY WITH A REWARD CALLED INTEREST!!!!!!!!!THAT'S WHY (PRIMARILY) IT'S LENT. In Government there are other factors which mostly add up to nice words for bribery. As in: "if I loan you this money, you'll let me do.....WHATEVER in the future, OK???????????"
That's what A LOAN is whether it is a PERSONAL LOAN or a GOVERNMENT LOAN. It is SOMETIMES the ONLY way TO HAVE TO DO BUSINESS IN CERTAIN CASES. The GASPING ECONOMISTS CITED THE FACT THAT AMERICA HAS BEEN IN DEBT SINCE THE THIRTIES' DEPRESSION as a reason that it is NOT A BAD THING!!!!!!!!PLU...........EZE!!!!!!!!!! Because countries have mismanaged their finances DOES NOT MAKE IT RIGHT OR GOOD!!!!! IT SIMPLY MAKES IT A FACT that will take a FINANCIAL GENIUS to RECTIFY!!!!!!!!!
We can somewhat compare personal debt to Government debt by using a personal debt based on Government and bank controlled borrowing. A mortgage can last 20-30 years in a personal budget, payments are made, and relief is great if it gets completely paid off and the mortgagee is property debt free!!!!!HOORAY.
HOWEVER, WHEN WELL-MEANING BUT DELUSIONAL GOVERNMENT LOANING AGENCIES SADDLE UP UNSUSPECTING, UNTUTORED, OR DECEITFUL HOMEOWNERS WITH two, three, four mortgages unaffordable on a given income THAT IS CALLED MELTDOWN!!!!!!!!!! Many Homeowners felt they must have been capable of eventually repaying the loans if someone was willing to lend them all that money. The FEDERAL GOVERNMENT OBVIOUSLY SIMILARLY FEELS THAT AS LONG AS OTHERS ARE BUYING THEIR BONDS (and many bonds today are pretty iffy) AND A FEW CORPORATIONS HAVE TAXABLE INCOME--THE GOVERNMENT CAN CONTINUE TO CREATE MORE DEBT!!!! STANDARD AND POOR'S DOES NOT AGREE and made it CLEAR they did not like OBAMA CARE!!!!!!!!!the new health bill.
It is the TINKERING AND THINKING OF ECONOMIC FEDERAL GOVERNMENT NINCOMPOOPS THAT CREATES THE DEEP DO DO!!!!!!!!! That kind of thinking brought us to the brink of ECONOMIC DESPAIR with the MORTGAGE LOAN DEBACLE AND WILL BRING US TO OUR KNEES IF THE DEBT KEEPS MULTIPLYING. OUR RATING CAN GO THROUGH THE FLOOR SO FAST OUR FINANCIAL COINS WILL SPIN!!!!!!!!
The STOCK MARKETS ARE continuing with sharp PLUNGES to reflect on GOVERNMENTAL FOOLISHNESS WORLD-WIDE. IN RECENT YEARS THE UNITED STATES HAS NOT SET A VERY GOOD EXAMPLE OF FISCAL REALITY in Capitalist markets. STANDARD AND POOR'S NEW RATING REFLECTS THAT!!!!!
Unfortunately too many in Congress today listen to these over-educated Economists, who are in the first trimester of their understanding of Government finances or any kind of budget and make formal and confusing pronouncements. Of course, the Government can apply budgetary information to their structure of finances based on some different parameters.
I do agree with these newspaper Economists and their "debt isn't all bad' on ONE POINT. We cannot NOW SOLVE the GOVERNMENT'S DEBT BURDEN with ordinary BUDGETING. AMERICA is BURDENED BY SO MUCH INTEREST AND DEBT that ERECTING A STABLE SPENDING PROGRAM BASED ON the past borrowing may be beyond the intellect and imagination of MOST ECONOMISTS, who rely on JUSTIFYING BAD BUSINESS PRACTICES BY CITING BAD BUSINESS PRACTICES!!!!!!!!!!!
WHEN AN INDIVIDUAL GETS into UNPAID DEBT,they have only a very few options:sell off assets at a possible loss, pay down slowly, go into bankruptcy, or shoot oneself and leave it to one's heirs. NOT A PRETTY SCENARIO and since most folks don't like the choices, it behooves FOLKS to keep a pretty balanced budget. If the individual understands the limits of personal finance even in the case where the controlling financial institutions may try to lead them astray, they won't be led down the primrose path as many were in the HOUSING MORTGAGE "FREE FOR ALL" THAT BECAME A CRISIS!!!!!!!!
THAT PRIMROSE PATH WAS BASED ON JUST THE KIND OF ECONOMIC THINKING THAT THE RECENT NEWSPAPER ARTICLE CITED. Guess what??????????SOME IF NOT ALL ECONOMISTS HAVE LEARNED NOTHING FROM THE HOUSING DEBACLE!!!!!!!!
Government needs to respond to the call from the citizens for FISCAL RESPONSIBILITY.The voters are RIGHT!!!!!!!!!! It has to start with some real changes in spending. Unfortunately, we can do nothing about the past debts.
Although it has occured to me that the OLD SYSTEM OF BARTERING MIGHT BE CALLED INTO PLAY. We TRADE DEBT for something THE DEBT HOLDERS want to OFF LOAD. There are always trades between countries and some of them are costly. Governments just have to remember the old saying: "DON'T GIVE AWAY THE STORE with the goods!"
However, the first fiscal policy that comes into play in any BUDGETARY problem is REDUCE EXPENSES SO THAT THEY EITHER MATCH OR ARE UNDER INCOME.
In order to do this the Government must CONTROL NEW SPENDING and plan their BUDGET PERHAPS AROUND the DEBT NOW OWED AND ITS INTEREST. MAYBE, THAT DEBT WILL HAVE TO COME OUT OF SPECIAL FUNDS FROM NEW TAXES HIDDEN IN NEW BILLS RECENTLY PASSED!!!!!!!!!!
IT WON'T BE EASY AND IT WON'T BE FAST!!!!!!!!! But if we can solve the DEBT CRISIS CREATIVELY, (AND NOT COMMIT SUICIDE AS A COUNTRY WITH POOR RATINGS) WE CAN ONCE AGAIN BE HEROES TO THE REST OF THE WORLD who also need to find their way through the FINANCIAL MIRE.
America probably has some great FINANCIAL BRAINS--turn them LOOSE--to THINK CREATIVELY and get America off the OLD FINANCIAL HIGHWAYS. CREATIVITY IS NOT JUST FOR THE ARTS!!!!!!!!!! GENIUS CAN SOLVE MOST PROBLEMS WITH CREATIVITY. If AMERICANS DON'T have the FINANCIAL CREATIVITY anymore then TUNE IN to those who do WHEREVER THEY ARE.
THIS CAN BE A GREAT OPPORTUNITY since most of the countries in the world have ENCOUNTERED REAL FINANCIAL PROBLEMS. SOLUTIONS COME WHEN MOST FOLKS ARE IN NEED OF THEM!!!!!!!! LISTEN, CHANGE, CREATE A NEW FINANCIAL OUTLOOK based on Global changes!!!!!!!!!!
AND PAY ATTENTION TO STANDARD AND POOR'S--THEY ARE THE PRESENT AND FUTURE OF CHANGE!!!!!!!!!!
FISCAL RESPONSIBILITY AND REDUCING DEBT!!!!!!!!!
PROFOUND!!!!!!!What a REVELATION!!! YOU'RE WELCOME!!!
CHEERS, CONNIE
The recent news on Standard and Poor's credit rating information that came out recently and lowered the United States credit rating was a real blow to AMERICA'S standing in the Global community!!!!!!!!!!!!! THIS IS NOT AN ITEM TO BE OVERLOOKED. IT IS IMPORTANT!!!!!!!!! These credit rating agencies NOW ALL BUT RULE THE WORLD OF TRADE AND FINANCIAL MATTERS!!!!!!! NO KIDDING AROUND. The world changed from Communist control to Capitalist control when the WALL CAME DOWN IN BERLIN!!!!!!!
Unfortunately, our voters did not notice that CHANGE AND A NEW WORLD ORDER was packaged into INTO CAPITALISM AND GLOBAL TRADING NOT COMMUNISM!!!!!! SO AMERICA IS CURRENTLY DEALING WITH COMBATING THE ANCIENT SYSTEM OF COMMUNISM, WRITHING IN THE PAINFUL THROES OF DEFEAT, while the rest of the world has moved on!!!!!!!!
What many people have not been kept informed about is how important these CREDIT RATING AGENCIES have become because of global trading and it is a real reprimand to President Obama and his administration and their handling of financial matters.
STANDARD AND POOR'S AND agencies like them "LIKE" NOW "RULE" THE WORLD AND WHAT THEY SAY INFLUENCES ALL FINANCIAL INTERACTIONS. Sure we don't have to play by their rules but the rest of the world doesn't have to trade with us, loan us money and could demand IMMEDIATE REPAYMENT OF ALL LOANS WITH INTEREST!!!!!!!!HAVE YOU CHECKED LATELY TO SEE HOW MUCH WE OWE??????????
Because global trading has introduced CAPITALISM to most of the world, certain inflexible rules have come into play that govern who borrows what, where and when! Somehow this seems to have slipped past the attention of the ruling hierarchy in Washington, who can no longer do as they DAMN WELL PLEASE in financial matters and expect the GLOBAL COMMUNITY TO SUPPORT THEM.
ISN'T IT IRONIC??????? AMERICA INTRODUCED CAPITALISM TO THE MODERN WORLD and we are using it so badly that the agencies who govern the credit ratings have to slap us on the wrist!!!!!!!!
The reason I started 73 ISSUES AGO writing this ECONOMICS BLOG WAS REINFORCED IN THE NEWSPAPER THIS WEEK!!!!!!!!!!!! Some erstwhile Economists had some NINCOMPOOP IDEAS ON DEBT. Obviously, they had been asked to REBUT the idea that a GOVERNMENT BUDGET could be handled like a PERSONAL BUDGET. That is not necessarily TRUE OR UNTRUE but the lead SENTENCE DROVE this blogger UP THE WALL!!!!!!
This is the lead: 'DEBT IS NOT ALL BAD FOR GOVERNMENT'. That evidently MEANS particularly IF you DON'T HAVE TO REPAY IT!!!!!!!!!!! Yeah right. Tell that to Standard and Poor's rating facility!!!
DEBT IS A TERM THAT MEANS 'THAT WHICH HAS BEEN UNPAID'. It is not called 'UNLIMITED DEBT' OR DEBT THAT DOESN'T HAVE TO BE REPAID (that's called A GIFT), OR DEBT THAT YOU HAND DOWN TO YOUR CHILDREN (that's been the case since the depression in the thirties)OR DEBT THAT YOU INCUR JUST BECAUSE YOU CAN!!!!!!!!!!OR DOZENS OF OTHER DEFINITIONS.
DEBT PLAIN AND SIMPLE IS MONEY BORROWED FROM SOMEONE OR SOMEWHERE THAT IS EXPECTED TO BE RETURNED HOPEFULLY WITH A REWARD CALLED INTEREST!!!!!!!!!THAT'S WHY (PRIMARILY) IT'S LENT. In Government there are other factors which mostly add up to nice words for bribery. As in: "if I loan you this money, you'll let me do.....WHATEVER in the future, OK???????????"
That's what A LOAN is whether it is a PERSONAL LOAN or a GOVERNMENT LOAN. It is SOMETIMES the ONLY way TO HAVE TO DO BUSINESS IN CERTAIN CASES. The GASPING ECONOMISTS CITED THE FACT THAT AMERICA HAS BEEN IN DEBT SINCE THE THIRTIES' DEPRESSION as a reason that it is NOT A BAD THING!!!!!!!!PLU...........EZE!!!!!!!!!! Because countries have mismanaged their finances DOES NOT MAKE IT RIGHT OR GOOD!!!!! IT SIMPLY MAKES IT A FACT that will take a FINANCIAL GENIUS to RECTIFY!!!!!!!!!
We can somewhat compare personal debt to Government debt by using a personal debt based on Government and bank controlled borrowing. A mortgage can last 20-30 years in a personal budget, payments are made, and relief is great if it gets completely paid off and the mortgagee is property debt free!!!!!HOORAY.
HOWEVER, WHEN WELL-MEANING BUT DELUSIONAL GOVERNMENT LOANING AGENCIES SADDLE UP UNSUSPECTING, UNTUTORED, OR DECEITFUL HOMEOWNERS WITH two, three, four mortgages unaffordable on a given income THAT IS CALLED MELTDOWN!!!!!!!!!! Many Homeowners felt they must have been capable of eventually repaying the loans if someone was willing to lend them all that money. The FEDERAL GOVERNMENT OBVIOUSLY SIMILARLY FEELS THAT AS LONG AS OTHERS ARE BUYING THEIR BONDS (and many bonds today are pretty iffy) AND A FEW CORPORATIONS HAVE TAXABLE INCOME--THE GOVERNMENT CAN CONTINUE TO CREATE MORE DEBT!!!! STANDARD AND POOR'S DOES NOT AGREE and made it CLEAR they did not like OBAMA CARE!!!!!!!!!the new health bill.
It is the TINKERING AND THINKING OF ECONOMIC FEDERAL GOVERNMENT NINCOMPOOPS THAT CREATES THE DEEP DO DO!!!!!!!!! That kind of thinking brought us to the brink of ECONOMIC DESPAIR with the MORTGAGE LOAN DEBACLE AND WILL BRING US TO OUR KNEES IF THE DEBT KEEPS MULTIPLYING. OUR RATING CAN GO THROUGH THE FLOOR SO FAST OUR FINANCIAL COINS WILL SPIN!!!!!!!!
The STOCK MARKETS ARE continuing with sharp PLUNGES to reflect on GOVERNMENTAL FOOLISHNESS WORLD-WIDE. IN RECENT YEARS THE UNITED STATES HAS NOT SET A VERY GOOD EXAMPLE OF FISCAL REALITY in Capitalist markets. STANDARD AND POOR'S NEW RATING REFLECTS THAT!!!!!
Unfortunately too many in Congress today listen to these over-educated Economists, who are in the first trimester of their understanding of Government finances or any kind of budget and make formal and confusing pronouncements. Of course, the Government can apply budgetary information to their structure of finances based on some different parameters.
I do agree with these newspaper Economists and their "debt isn't all bad' on ONE POINT. We cannot NOW SOLVE the GOVERNMENT'S DEBT BURDEN with ordinary BUDGETING. AMERICA is BURDENED BY SO MUCH INTEREST AND DEBT that ERECTING A STABLE SPENDING PROGRAM BASED ON the past borrowing may be beyond the intellect and imagination of MOST ECONOMISTS, who rely on JUSTIFYING BAD BUSINESS PRACTICES BY CITING BAD BUSINESS PRACTICES!!!!!!!!!!!
WHEN AN INDIVIDUAL GETS into UNPAID DEBT,they have only a very few options:sell off assets at a possible loss, pay down slowly, go into bankruptcy, or shoot oneself and leave it to one's heirs. NOT A PRETTY SCENARIO and since most folks don't like the choices, it behooves FOLKS to keep a pretty balanced budget. If the individual understands the limits of personal finance even in the case where the controlling financial institutions may try to lead them astray, they won't be led down the primrose path as many were in the HOUSING MORTGAGE "FREE FOR ALL" THAT BECAME A CRISIS!!!!!!!!
THAT PRIMROSE PATH WAS BASED ON JUST THE KIND OF ECONOMIC THINKING THAT THE RECENT NEWSPAPER ARTICLE CITED. Guess what??????????SOME IF NOT ALL ECONOMISTS HAVE LEARNED NOTHING FROM THE HOUSING DEBACLE!!!!!!!!
Government needs to respond to the call from the citizens for FISCAL RESPONSIBILITY.The voters are RIGHT!!!!!!!!!! It has to start with some real changes in spending. Unfortunately, we can do nothing about the past debts.
Although it has occured to me that the OLD SYSTEM OF BARTERING MIGHT BE CALLED INTO PLAY. We TRADE DEBT for something THE DEBT HOLDERS want to OFF LOAD. There are always trades between countries and some of them are costly. Governments just have to remember the old saying: "DON'T GIVE AWAY THE STORE with the goods!"
However, the first fiscal policy that comes into play in any BUDGETARY problem is REDUCE EXPENSES SO THAT THEY EITHER MATCH OR ARE UNDER INCOME.
In order to do this the Government must CONTROL NEW SPENDING and plan their BUDGET PERHAPS AROUND the DEBT NOW OWED AND ITS INTEREST. MAYBE, THAT DEBT WILL HAVE TO COME OUT OF SPECIAL FUNDS FROM NEW TAXES HIDDEN IN NEW BILLS RECENTLY PASSED!!!!!!!!!!
IT WON'T BE EASY AND IT WON'T BE FAST!!!!!!!!! But if we can solve the DEBT CRISIS CREATIVELY, (AND NOT COMMIT SUICIDE AS A COUNTRY WITH POOR RATINGS) WE CAN ONCE AGAIN BE HEROES TO THE REST OF THE WORLD who also need to find their way through the FINANCIAL MIRE.
America probably has some great FINANCIAL BRAINS--turn them LOOSE--to THINK CREATIVELY and get America off the OLD FINANCIAL HIGHWAYS. CREATIVITY IS NOT JUST FOR THE ARTS!!!!!!!!!! GENIUS CAN SOLVE MOST PROBLEMS WITH CREATIVITY. If AMERICANS DON'T have the FINANCIAL CREATIVITY anymore then TUNE IN to those who do WHEREVER THEY ARE.
THIS CAN BE A GREAT OPPORTUNITY since most of the countries in the world have ENCOUNTERED REAL FINANCIAL PROBLEMS. SOLUTIONS COME WHEN MOST FOLKS ARE IN NEED OF THEM!!!!!!!! LISTEN, CHANGE, CREATE A NEW FINANCIAL OUTLOOK based on Global changes!!!!!!!!!!
AND PAY ATTENTION TO STANDARD AND POOR'S--THEY ARE THE PRESENT AND FUTURE OF CHANGE!!!!!!!!!!
FISCAL RESPONSIBILITY AND REDUCING DEBT!!!!!!!!!
PROFOUND!!!!!!!What a REVELATION!!! YOU'RE WELCOME!!!
CHEERS, CONNIE
Subscribe to:
Posts (Atom)