On 02/12/2011 7:06 PM, Haywood Jablomie wrote:
On 2-Dec-2011, wrote:

The U.S. couldn't bail out a lemonade stand.

oh. you didnt follow the news over the last week. figures. you dont
know that the fed reduced transaction costs for european central banks
that swap euros for dollars

and that the stock market went up 350 points because of that

Trading stock is wagering - flipping fees is icing on the collective (US and
European) turd pile.

I agree it is wagering, but the avantage isn't to the house. Vegas has
percentages. The stock market is a zero sum game with inflation driving
growth and dividends driving income.

I say zero sum as if I buy $100000 in stock and then after 100% I have
$200000 the value change is zero. But does negate after income tax.

But if you are lucky and smart, you can get more winners than losers
there is better gains to be had. But where you beat the averages,
someone lost on the averages so I call it zero sum.

Output creates wealth, not government wagers, and you have no output. It's
like getting a "90 days same as cash" deal on your funeral - you're still
paying, and you're still dead. Europe cannot recover, and your government
(just as bankrupt) will be on the same submerged ship. When productive
countries stop buying flash paper from the US treasury, the US will stop the
bogus, make-believe "deals."

What's wrong with you clowns? Why do you insist on sending your 1970's wages
overseas?

Yep, government is about wealth consumption and wealth confiscation.
Nothing government does generates wealth. People who output stuff other
people pay for are the producers. And producers be farmers,
manufacturers, miners, oil drillers... I would love to tell 0bama that
bull**** isn't a wealth creating product.

USA nor Europe will recover without a further downturn. The fundamental
problems of government-bank fraud still exist. In fact worse because of
$15+ trillion of debt. And debt is pure consumption of wealth.

If Americans want a wealthy health economy, they have to get a grip and
realize that producers need to outnumber consumers. Currently America
is consumption is far higher than production.

Which means a fast recovery is just pure delusional bull****. Might get
a good dose of inflation, but inflation isn't wealth.

--
All successful people have one thing in common, if even for a moment
they think rationally.