Posted on 08/17/2009 11:55:13 AM PDT by Steelfish
That sums it up in my opinion!
If there is no value in the market then those bankers are “making money” off the backs of naive investors.
Face it...the big money on the left was inflating the market long enough to try to ram health care through. They can’t keep it up forever.
Speaking of ‘wealth’.
Discuss....
The current situation is due to an emphasis on ‘value capture’. (Or Stealing From Each Other) Wall Street, Government, F.I.R.E. economy taking value from one but not returning value to producer. Eventually, like a ponzi scheme, you run out of other people’s money.
The real method of producing ‘wealth’ is ‘value creation’.
(or making something valuable and trading it for equal value) REAL ‘spreading the wealth’. All sides win! Labor, raw materials, capital equal productivity noone looses.
If you apply these hypothesis to economic principles, could you answer the problems in our current dilema?
Could the ‘Free Market’ function again if the directive was to ‘create value’?
Is there a treasury auction soon? Seems each time there is one, the market goes down and everyone rushes to ‘secure’ Treasuries!
What about agriculture?
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