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Canuck57[_9_]

On 13/06/2011 11:05 PM, wrote:
On Mon, 13 Jun 2011 20:04:44 -0400, wrote:

On Mon, 13 Jun 2011 19:33:44 -0400, wrote:

That would encourage more long term investment.
I think I would but an extra tax on any financial instrument that was
kept less than a month to make flash trading less attractive.

let's get one thing straight

we dont need more INVESTMENT

we need more CONSUMPTION.

although investment is a form of consumption, ONLY MIDDLE CLASS
CONSUMPTION can pull us out of the depression

and wall street is NOT gonna let that happen

You can't get consumption without jobs and the only way we get that is
by expansion. It is clear the stimulus money just went into rich
people's pockets and not much actually got invested in expanded
industry. (thanks for a "no stimulus" stimulus bill)

Expansionary like Obama/Bernanke? Nope, that is inflation and fraud.
Real wealth and exconomic expansion occurs with wealth producing jobs.
More value added jobs, not the consumption kind.

You cannot create wealth with debt. You can steal it from our grand
children by saddling them with debt, but wealth has not been created and
thus unsustainable.

Wealth is mining some gold, growing some corn, producing something of
value that didn't exist before. A consumption job is a politician, a
jail or war. Bombing Libya does not create wealth, it consumes it.
Opening up a cotton mill and growing food is wealth.

Money is just like stock, if you double the money supply with debt, then
each stock is worth 1/2 as much as before. Printing and debt fraud
isn't going to work. It just makes the inevitable a worse than before.

Roman Empire fell for the same reasons. No one wanted to make sandles
or be a farmer, everyone wanted to be a top heavy statesmen, academic or
arts. When society became poorly productive, decay set in. At one
point, confiscating wealth to keep the empire ruse going. So Roman
Empire collapsed as producers were not getting enough and the
non-producers were getting too much.

Same problem exists today. Far too many on the consumption side and not
enough on the producting wealth side of the fence. This is causing the
economic breakdown as no value o the producers to continue losing welth
to a failing empire of government and consumption greed.
--
Government isn't the solution to the bad economy, it is the problem.

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