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The Forum > General Discussion > the economic crisis

the economic crisis

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Here here OUG, I think now is the tme we put this tax to the test. After all, what do we have to loose and, there is little doubt that the current tax system will fail.

The result will be that governments will have little choice other than to furher tax large business, which is exactly what they are starting to consider now.

As for sacking the pollies, well, where would we be if labor had not wasted the billions they hav over the past four years?

Now while we cant sack the pollies, perhaps we could addopt a system that pays more for better peopl, but they must have indemnity insurance, so, in the event they stuff up, they fund the stuff up not us.

Of cause, if they do a good job, then they should get bonuses.

The reality is we pay peanuts and get monkeys, and this is a major part of the problem.
Posted by rehctub, Monday, 19 September 2011 6:55:37 AM
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clubman..its sad that so few care about these matters
or realise the importance of structural sepperation
of the real economy..and the gamblers

we call ourselves capitalists..but capitalism..is a thing about giving consumers credit..to buy the latest upgrade..for the latest fad

that others gamble on

its about knowing on fiday people will need to eat fish
that on motherday we will need to buy flowers

that you need to draw money out of your savings[or credit acount]
and those in the know using their PRIVLEDGED..insider knowledge
to predict..this or that company..will announce a big proffit

its like racing horses..many get paid
for going about honest work..[trade/account keeping servicing the gamblers]..but underpinning most of it is some ego driven greedy person..gambling with your savings]

of course its become much more than mearly savings
with things like the centrlised reserves of gold and computer trading
we can trade promises for gold...[3 times all the ammount of gold ever recoverd]..

but because they own enough
to honour those who want the real stuff...
usually a few percent per month]of all who bought their promises

the clever scam goes on
thanks to day traders only needuing a rise or fall..to make todays killing..that in good times covers tomorrows losses..and in bad times sends whole ecomomies broke..[every boom is followed by a boom]

where finally you run out of others money

whole govts globally have been caught up in scams
like you own a sewer system...that you can monetise
by selling it to a banker...and he takes a share of your rateable income..[but you must make a promise to repay..the 'payments']

ie have your cake
but promise to let him have half of it everyday
Posted by one under god, Tuesday, 20 September 2011 5:33:18 AM
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thats the sort of thing that has seen qld state debt balloon out
to 65 billion last year..and 75 billion in two years

that has seen all the clever scams reap the wind
and seen the cost of electricty gas water double and tripple
so consumers spend[use]..less

so the water company..and power company..need to repay the debt
[or run into the default rate..that sees all needing to be repaid instantly..or move intio a default rate]

so they up the water pressure..so more comes out of the tap
or power point over the set times..charged at ever higher rate

thus we get buirst water mains[economic activity repairing it]
or blown electrical applievces..eco activity replacing them

and aty the head is those with the info
of what we are bying,.,.with our special dicount cards

info is knowledge
insider knowledge..that lets you have the inside track
that lets you sell shares you dont even own..KNOWING..the market will get the info tomorrow..and the shares will fall

its all about knowing qwhich jockey
is riding which horse on what track

which horse will attract the eye of the punters today
and offsetting your losses today..with the win fall tomorrow
[gained by insider knowl;edge]

then there is the other stuff
where banks with your savings go bust
[but banks can only be audited during the day
so at night the cash is on the other side of the world
'working overnight..while your sleping..but it works cause its here next day

till that one night..when the pannic hits the trade floor
and your cash simply speaking..isnt there anymore

then its welcome to my nightmare
Posted by one under god, Tuesday, 20 September 2011 5:33:41 AM
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