Remember That Economics Is About (Really Stupid) People!

Discussion in 'Economy' started by mascale, Feb 24, 2009.

  1. mascale
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    mascale VIP Member

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    The United Nations reported during the last ten years or so: That 2/3 of the world's peoples do not have clean, safe drinking water--or even access to routine, public sanitation systems. In the river, they must go, it must go, and so it goes. . . !

    In response, the famous Nobel Committee sends prizes and money to economists! It is most pronounced when the "Global Economy." is the subject. Her Majesty's Prime Minister, at the recent Davos economic conference: Finally had to take some time in discussion--actually explaining the concept of "credit" to the former--well, subject peoples. The United States apparently had no one in attendance, in any official capacity. Some offense at the insinuation of the PM, (from the assembled aborigines, of a former time), was in fact reported. To counter that, stock investors eventually turned on Treasury Secretary, "Tim," and his own concept of a special "species" of borrowers: Who had managed to cause the entire crisis.

    We are reminded that these are an educated people!

    In Western Civilization, Judeo-Christian behavior and morality tends to origins in the relatively explicit and definitive explanations of Moses. Like the PM, Moses had a concept of "justice" in measures, weights, units of measurement, and scales of units, even called numbers. What "justice" can there be said to be, in fact--if in fact impoverishment precludes participation in the ordinary repayment of credit--The PM may have been trying to suggest? Technically, the abuse of the poor tends to be considered bad form, and lack of morality to boot.

    Or more simply: If anyone noticed that Reagan-Bush-Bush was all about the rich getting richer, and the poor getting poorer: Then anyone also has to notice that the system arranged like that--actually doesn't work very well!

    Who are these people, apparently homo sapiens, of the usual normative ascription of species? Are these in fact, an educated people?

    The Obamas are sending their two little girls to grade school, by way of illustration, at about $30,000.00 annual, for each. Millions would call that an "educated" taste--but is it really all that very smart? There are less pricey schools, even in Washington, D. C.! The answer is that these are an educated people!

    And then anyone recalls, that there are no calls for creation of an alternative "incentive structure," in the current "pricey" problem of the "Global Economy." There is no proposal that addresses fundamental, "Reagan-Bush-Bush, The Social Disease!"

    The tendency of a fixed percentage computing of increase of income is to provide the rich successively more, and the poor successively less. We know that as some nature of "Trajectory Change, that is wholesale "Reagan-Bush-Bush." The Clintons failed to address it, the Carters and the Fords failed to address it. Nixon had actually addressed it, and imposed fixed percentage wage/price guidelines. In fact, he also signed the fixed percentage Social Security COLA into law. Senator George McGovern would campaign on a basis that instead he would just give "every man woman and child," an even $1000.00. Famous Cowboy actor, John Wayne, became excited--though able to keep his own leg under control. More Likely Senator McGovern meant every household, as the computing turned out.

    So About Senator McGovern, and John Wayne--and probably Johnny Carson: Smart people are like that. In Matthew 20::1-16, the good householder pays the equal amount to the last hired, as well as to the first. By contrast, In Matthew 25::14-30, the servants put the talents to the exchangers, and create a fixed-percentage doubling of the talents--except for the one who dug in the earth. Like would be expected from the Greek religion of the Pythagoreans, the household that should have been enriched 8 talents, was only enriched seven. Effectively, a collapse of the wealth-computing was under way. The computing commences, when you create the pay raise as the diagonal of a rectangle, from lower left to upper right, and then do the math. Jesus, it is known, had no clue about the decimal point, so you round to the nearest whole numbers(?). It is known that the times were Roman, in a Hellenistic Civilization, and that ruling heads of households were famously proclaiming themselves deities.

    So what do we learn from this? Well, clearly: Anyone is a lot better off, sending the local school systems the $30,000 per, every year--and developing the "educated" tastes of our civilization of "educated" people at work(?). In the alternative, if you don't have the $30,000 per, every year, to send: Well, then you're probably just not a "Trajectory" kind of "educated" person.
     
    Last edited: Feb 24, 2009
  2. mascale
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    mascale VIP Member

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    It really makes no measurment sense, or moral sense, at all: To Set Up A Credit System Wherein Not All Persons Are Capable Of Re-Paying The Loans. It is actually a computing fraud to say that you have a credit system, including people unable to repay it: At the outset.

    Effectively, No One Would Do That: Excepting possibly certain law-abiding types, that anyone can think of--or believe in!

    "Crow, James Crow: Shaken, Not Stirred!"
    (What does anyone say: About a system that has clearly worked so well for so many!?!)
     

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