In The Absence of Money. . . .

Discussion in 'Economy' started by mascale, Oct 2, 2009.

  1. mascale
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    mascale VIP Member

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    Annualized personal income for Quarter III 2008 is put at $12.287 tril., and for Quarter IV at $12.234 tril. Then annualized Personal Income for Quarter I, 2009, is $11,953 tril., and for Quarter II at $11.971.

    Annualized Personal Income for July and August reportedly increased .2% in each month.

    This raises the subject of "Love" in America. Personal spending increased 1.2% in the most recent reporting, but it is likely that Quarter III Personal Income will come in just barely over $12.0 tril.

    Can anyone see why the U. S. economy is "Leveling" and Not "Growing?" When all of this started, then the Republicans were in control--21 months ago. Mainly, the GOP relied on half-measures at Federal Reserve--policy tools for the rich. A rebate kicked in, during 2008, and everything was revised for everyone, for the moment. The the GOP went back to half-measures at Federal Reserve--policy tools for the rich. GOP even created TARP for the rich--claiming it was for the Middle Class and the Poor: Since the rich, financial houses are for everyone(?)! News to everyone else was not reported.

    Three quarter trillion dollars did not show up, notice, in the Personal Income accounts. Somehow the TARP money just "magically" propped up the existing incomes--and since Party of Lincoln was not only in office, but was busily crossing over to keep the money flowing, to the right white people, in an Obama Administration

    Some people are free, even now!

    Everyone else is in Love, and is otherwise being denigrated in West Wing, about fatherhood, or some such matter.

    "Crow, James Crow: Shaken, Not Stirred!"
    (And of course, Her Majesty's government is likely still in mourning for Princess Di, while all this is going on--that and explaing to the former. . . .well, the aborigine peoples about the proper use and extending of credit!)
     
  2. Zander
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    Zander Platinum Member

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    Racism? A vast right wing conspiracy?? Bush??? :lol:
     
  3. mascale
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    mascale VIP Member

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    Other threads have tried to explain all the federal spending as Keynesians doing an occasional bail-out of the failed, unregulated and/or regulated U. S. economy. First it was the Great Depression, then it was WWII, then it was the Post-War Recession, then it was the UN action in Korea, then it was the post-UN action In Korea recession, then it was the Vietnam War, then it was the post-war recession, then it was Reagan, balancing the federal budget, then it was the Gulf War(?), then it was was post-war(?) recession, and then Clinton finally created a budget surplus!

    Apparently, "smart people" set this up(?)! These people not only know how to read and write, but how to misread, and and Text.

    Diversity, at the Ivy League, is currently 1/3 Jewish, 2/3 everyone else. At least one black guy, however, was arrested for trying to break into his own house. The White House, clearly(?), has long contended that we are now really past all that. Race and Right Wing Conspiracies are not on radar, in our America of Obama: And no one accuses Bush of even knowing very much about radar, at all.

    So it could be arithmetic, having something to do with it: And supported by all of the above, And even those no longer being called supportive, if even being called, "existing at all."

    The OP is about the money, and the people who had it still have it, and the people who didn't still don't. Even today, the pundits are commenting that even those who have less, really don't have it anymore!

    So it's about the arithmetic. Therefore it is about the schools. The entire University of California State System of Higher Education: Has started the entire school year, with major faculty pay cuts--and still the Mighty Golden Bear, don't know what it's all about! Across the bay, at one of the lesser known, schvartze Ivy League schools--across the bay from Berkeley--the few hundred blacks who actually have some books are in the same bind as the "others."

    7.0 mil. teachers decided on this course, over 35 years ago--and decided for the educational system, and continued to draw the pay: And even in the reverse! Mostly they have neither any doctorates, or much of any clue about math in the economy.

    "Crow, James Crow: Shaken, Not Stirred!"
    (Just possibly The Colonies will be able to speak their own language,once again: Like they could only 60years ago!)
     
    Last edited: Oct 2, 2009
  4. Neubarth
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    Neubarth At the Ballpark July 30th

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    I have said for the past three decades that all public education systems need to be shut down and replaced with a voucher system for students to attend any private institution of their choice. Students will pass tests of compentency to be promoted to higher grades. Once a student gets two years behind his age group, he or she should be put into a manual labor track so we do not waste money on the genetically inferior mental failures. They have a right to life and work, but not to an education that is beyond their capacity to learn.

    State run universities are usually wasteful of taxpayer's money. All universities should be private. Those that produce bad products will not be able to place their graduates and will fail and shut their doors. The system works if we set it up right. Death to public institutions.
     
  5. mascale
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    mascale VIP Member

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    Teaching is clearly not possible, any grade level, without the doctoral degree: Unless it is believed that some kids are better than other kids, and that all the other kids are not worth the extra effort.

    The US federal government, in fact, recently did a pilot program to show how this works, and called it TARP. $750.0 bil. was taken from the Treasury--In Bush-Cheney-Paulson--and given to the banks, which set about doing absolutely nothing with it. Payrolls were met, and current obligations were met.

    Clearly, that was no different from any school, public or private.

    "Crow, James Crow: Shaken, Not Stirred!"
    (What does anyone tell The Colonies about entire economic sectors, highly paid to do absolutely nothing for work?!?)
     
    Last edited: Oct 3, 2009
  6. geauxtohell
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    geauxtohell Choose your weapon.

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    I couldn't disagree more. State run universities provide a far more bang for their buck than most other government institutions.

    There is a reason that few, if any, private universities have agricultural, mining, or (strong) geological programs. In fact, degrees like engineering generally end up costing universities more money then they bring in and are usually first on the chopping block.

    Many state Medical Schools won't take out of state applicants, because they know they won't practice in the state.

    That's my perspective. I went to a private university for my undergraduate degree and am in a state university for my graduate degree.
     

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