Re: Mind's Eye money question

Well, the cost of degree education should have come down because we no
longer need the classroom to disseminate knowledge and in principle it
should be free to air or available electronically as small cost.
University teaching wages have fallen. Yet costs to consumers have
risen sharply.
Banking has seen an electronic revolution too yet has also spiraled
its costs up.
Current money problems are mainly to do with financialisation - the
creation of a vast empire of money transactions that satisfy demands
for returns of about 25% on investment that can't be made in the
general model of fairly competitive capitalism. The sources of this
25% return have been:
1. Looting mostly third world countries
2. Money laundering
3. Tax theft
4. Various Ponzi bubbles involving hiking asset prices
5. Global wage arbitrage on worker salaries
6. Thefts from pension schemes and the future (various accounting
dodges including 24 hour profit and loss)
7. Lending money intending to foreclose
8. Theft from tax payers through TARP/QE/Derivatives

This list goes on and money in this financial bubble is probably now
seeking to transfer into the real economy through asset and land
grabs. There are a lot of papers on this - you could start here
http://www.paecon.net/PAEReview/

This stuff is post-autistic economics. I take the view there is a war
against democracy going on and we should stand up and be counted, even
if we are old enough to hope we can pass it by through shuffling off
the mortal coil.

On 9 June, 14:13, Allan H <allanh1...@gmail.com> wrote:
> Living cost down?  what a dream..  living cost has gone up five fold.. over
> here but as usual  there is denial denial and more denial..  I think the
> place to follow might be Ice Land where the threw a lot of top bankers and
> politician in prison..  then started over..   there economy is doing good.
>
> Actually the losses should be laid on the shoulders of those that created
> the debt and problems to start with as they are the very ones that in
> reality have caused the problems, but as usual  you will get the denial,
> denial and more denial  as they go off to rape the public one more time for
> old times sake..
>
>
>
>
>
>
>
> On Sun, Jun 9, 2013 at 2:38 PM, James <ashkas...@gmail.com> wrote:
> > Living costs should be down, I wonder what the impacts across the board
> > are to support the financial sector's growth. We are supposed to be
> > transitioning to a knowledge economy while boxed into the old Prussian
> > model of education but I hear Finland is getting good results. Public
> > education in China is suffering while their govt wages production wars to
> > underbid. The older generation's mantra seems to be 'people get what they
> > deserve, to hell with the rest.' Is the depression supposed to slow down
> > the train? Or allow further consolidation of interests to profiteer from
> > working people in a desperate situation while govt sells out on a
> > fire-sale. Somebody other than the teachers is getting paid. My feelings on
> > Chicago are getting a bit more mixed..
>
> > On 6/8/2013 11:06 PM, archytas wrote:
>
> >> I think rigs has the paper-shuffling aspect of money-loss right.  It
> >> doesn't matter much whether this bureaucracy is Soviet Paradise or
> >> Corporate in form.  A recent Keiser Report gets to the issues -
> >>http://rt.com/shows/keiser-**report/episode-455-407/<http://rt.com/shows/keiser-report/episode-455-407/>- classic quotes
> >> concern that the key thing with the American Dream is that you have to
> >> be asleep to believe it and that you could once pay your way through
> >> college with a part-time minimum wage job and now you'd have to do 50
> >> hours a week.  That higher education should cost more in today's
> >> technological age than in the recent past is ludicrous - teaching
> >> costs should be down.
>
> >> On 8 June, 08:54, Allan H <allanh1...@gmail.com> wrote:
>
> >>> PS  good roofers are hard to find..
>
> >>> On Sat, Jun 8, 2013 at 9:54 AM, Allan H <allanh1...@gmail.com> wrote:
>
> >>>> railroad right of ways..  a way for railroads to steal a mans property..
> >>>>   though it had value at the time.. when done with it in stead of
> >>>> returning
> >>>> it to the person it was stolen from they sold it and kept the mineral
> >>>> rights..  and can you believe the promotion and bribery the railroads
> >>>> did
> >>>> to get those laws enacted..  and railroads are not owned by the people
> >>>> but
> >>>> private companies..  and bribery was and still is a common practice then
> >>>> and  is still now especially in the US
> >>>> Sorry Rigsy I am not coming back to the US to fix your roof  our crew it
> >>>> totally retired..  lol
> >>>> On Sat, Jun 8, 2013 at 2:28 AM, rigs <rigs...@gmail.com> wrote:
>
> >>>>> They are very inter-related, Allan. So are property right-of-ways
> >>>>> (railroads) and eminent domain and control of resources. The
> >>>>> regulations and laws are set by legislators and presidential decree.
> >>>>> You would not believe the drama of this garage roof but it's coming
> >>>>> off and being redone if I have to skin it myself!
> >>>>> On Jun 7, 9:13 am, Allan H <allanh1...@gmail.com> wrote:
>
> >>>>>> the government and stock market are two different worlds..
> >>>>>> On Fri, Jun 7, 2013 at 3:59 PM, rigs <rigs...@gmail.com> wrote:
>
> >>>>>>> Money losing money is where we are at with our debt and interest.//
> >>>>>>> People have a right to invest.// A highly centralized government
> >>>>>>> creates a bureaucracy of paper shufflers attempting to manage an
> >>>>>>> economy and other people's money, property and civil rights.
> >>>>>>> On Jun 7, 1:48 am, archytas <nwte...@gmail.com> wrote:
>
> >>>>>>>> Money making money is not a good thing Allan.  I'd go for some very
> >>>>>>>> radical changes.  We should sequestrate the rich (they are actually
> >>>>>>>> doing this to us now), bump up minimum wages and conditions and
>
> >>>>>>> start
>
> >>>>>> again.  There is historical precedent - Graeber's 'Debt; the first
> >>>>>>>> 5000 years' gives some clues, as does Steve Keen's economics.  I'd
>
> >>>>>>> go
>
> >>>>>> for a salary and wealth cap too.  It strikes me we are too mean with
> >>>>>>>> everything and yet entirely profligate on matters that hurt the
>
> >>>>>>> planet
>
> >>>>>> or people with no power.
> >>>>>>>> It turns out the Romans had concrete that is more durable than
>
> >>>>>>> modern
>
> >>>>>> stuff and uses a lot less energy in production (concrete contributes
> >>>>>>>> 7% of CO2 through cement production).  We are slow learners!
> >>>>>>>> On 7 June, 04:54, Allan H <allanh1...@gmail.com> wrote:
>
> >>>>>>>>> woke up this morning with a weird dream about people creating DNA
>
> >>>>>>>> to
>
> >>>>>> validate false wills..  was weird needed to get it out of my
>
> >>>>>>>> head,,
>
> >>>>>> good workman are easier to verify over in England/Scotland than
>
> >>>>>>>> they
>
> >>>>>> are in
>
> >>>>>>>> the US..
> >>>>>>>>> Money is necessary for everyday activity  giving a common exchange
>
> >>>>>>>> (also
>
> >>>>>>>> make it taxable)  where it develops into a problem is as Pope
>
> >>>>>>>> Francis
>
> >>>>>> put
>
> >>>>>>>> it "Money with out purpose".  when the sole purpose is to make
>
> >>>>>>>> more
>
> >>>>>> money
>
> >>>>>>>>   you have a problem.  When I was sailing I ran into a man who's
>
> >>>>>>>> dream
>
> >>>>>> was
>
> >>>>>>>> to to be a cruising sailor "living on a sailboat and wandering
>
> >>>>>>>> around"
>
> >>>>>>   His
>
> >>>>>>>> wife asked me to excuse his behavior,, telling me that was his
>
> >>>>>>>> dream,,
>
> >>>>>>   he
>
> >>>>>>>> sacrificed that dream because if he followed that the employees
>
> >>>>>>>> of the
>
> >>>>>> 17 ?
>
> >>>>>>>> could be bad memory? would lose their jobs. She referred to me as
>
> >>>>>>>> being one
>
> >>>>>>>> of his heroes..  I remember thinking that this man was a true hero
>
> >>>>>>>> because
>
> >>>>>>>> he was putting the welfare of others above his own pleasures..
>
> >>>>>>>>   to me
>
> >>>>>> this
>
> >>>>>>>> would be an excellent example of money with purpose.
> >>>>>>>>> Because money is stuffed in the stock market to make more money
>
> >>>>>>>> does
>
> >>>>>> not
>
> >>>>>>>> give it purpose,  or off shore to avoid paying ones share of
>
> >>>>>>>> taxes..
>
> >>>>>>   that
>
> >>>>>>>> does not give it money with purpose..  I do believe that money
>
> >>>>>>>> can have
>
> >>>>>> purpose not just for the purpose of creating more wealth
>
> >>>>>>>> following the
>
> >>>>>> Golden Calf ..
> >>>>>>>>> On Fri, Jun 7, 2013 at 1:36 AM, archytas <nwte...@gmail.com>
>
> >>>>>>>> wrote:
>
> >>>>>> Better sing along with Ian Drury and hope she's not carrying a
>
> >>>>>>>>> big
>
> >>>>>> stick James!  I'm a fan.
> >>>>>>>>>> I still do most of our repairs rigs - mostly to avoid the kind
>
> >>>>>>>>> of
>
> >>>>>> problems you are having.  I've moved too often to know people I
>
> >>>>>>>>> can
>
> >>>>>> trust.
> >>>>>>>>>> I actually share rigs' concerns on what we might term the
>
> >>>>>>>>> uniform
>
> >>>>>> society.  I don't see politics as very important in this as we
>
> >>>>>>>>> really
>
> >>>>>> have none - just economic ideology.  Chomsky has a fair version
>
> >>>>>>>>> of
>
> >>>>>> anarchy.  My own view is a thesis 'against time immemorial' -
>
> >>>>>>>>> broadly
>
> >>>>>> that we are stuck with non-modern ideologies, including
>
> >>>>>>>>> ignorance of
>
> >>>>>> our biology - in a crude sense I'd recommend a start in watch
>
> >>>>>>>>> female
>
> >>>>>> primates stalking their sexual 'victims' - a non-standard view
>
> >>>>>>>>> of
>
> >>>>>> female sexuality to say the least.
> >>>>>>>>>> Our institutions are now very real problems - but this doesn't
>
> >>>>>>>>> mean
>
> >>>>>> we
>
> >>>>>>>> need to tear them down to get the truth out - the basis of the
>
> >>>>>>>>> 'all
>
> >>>>>> truth lies in the main destruction' slogan of anarchism.  We are
> >>>>>>>>>> missing something at rigs' 'do no harm' level - we either all
>
> >>>>>>>>> count
>
> >>>>>> in
>
> >>>>>>>> front of the law or it isn't worth spit kind of thing.  Yet it's
> >>>>>>>>>> deeper somehow.
> >>>>>>>>>> My guess is our work ethic is wrong.  The big fact here is
> >>>>>>>>>> productivity and the lack of analysis of how much work needs
>
> >>>>>>>>> doing by
>
> >>>>>> humans.  Money is ideological in this, as well as something we
>
> >>>>>>>>> spend
>
> >>>>>> on food etc.  I'm not against hard work  but I hate being
>
> >>>>>>>>> ripped off
>
> >>>>>> as per rigs' roof thing or the TARP/QE thing.  The heraldry of
>
> >>>>>>>>> our
>
> >>>>>> times might well be Allan's 'golden calf rampant'.  I don't
>
> >>>>>>>>> think we
>
> >>>>>> understand how little work there is to do or that wealth
>
> >>>>>>>>> distribution
>
> >>>>>> is out of order.
> >>>>>>>>>> As an example, clever financial services we might describe as
> >>>>>>>>>> 'intercoursing the rehypothecated derivative repo'
>
> ...
>
> read more »

--

---
You received this message because you are subscribed to the Google Groups ""Minds Eye"" group.
To unsubscribe from this group and stop receiving emails from it, send an email to minds-eye+unsubscribe@googlegroups.com.
For more options, visit https://groups.google.com/groups/opt_out.