Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: RJR_fan
We have gone from a nation that made money by "making things" to a nation that makes money by shuffling paper assets from one pile to another.

That can't be good.

36 posted on 01/24/2009 5:34:07 PM PST by Publius (The problem with socialism is that you eventually run out of other peoples money.)
[ Post Reply | Private Reply | To 35 | View Replies ]


To: Publius
"We have gone from a nation that made money by "making things" to a nation that makes money by shuffling paper assets from one pile to another."

If one simply considers just how many folks are involved in the purchase of a home between two parties, it ought to be evident that there are a whole lot of folks making a bunch of dough for contributing essentially nothing to the process.

Our Economy is a freaking mess, and there are a boatload of folks who have been getting wealthy for no valid reason.

"Money for nothing and your chicks for free."

43 posted on 01/24/2009 6:33:29 PM PST by Radix (There are 2 kinds of people in this world. Those with loaded guns & those who dig. You dig.)
[ Post Reply | Private Reply | To 36 | View Replies ]

To: Publius
We have gone from a nation that made money by "making things" to a nation that makes money by shuffling paper assets from one pile to another.

That's what I was thinking, too, in reading this chapter. So far, the heroes in this story each created something and/or worked to keep it all going - the railroad, steel, etc. - and provided people with services, products, and employment in the process.

57 posted on 01/25/2009 10:33:18 AM PST by Tired of Taxes (Dad, I will always think of you.)
[ Post Reply | Private Reply | To 36 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson