RSS available
| MarketTicker Forums Read Message in Ticker |
User: Not logged on
|
| Top | Forum Top | Login | Control Panel | FAQ | Register | Logout |
| Showing Page 1 of 6 | First | 1 | 2 | 3 | 4 | 5 | 6 | Last |
| User Info | An Address To Our Schoolchildren in forum [Ticker] | |||
|
Genesis Posts: 71432 Incept: 2007-06-26 
KD^2 
|
http://market-ticker.org/archives/1416-A....
---------- "The monetary base in ALL modern monetary systems is the sum of unencumbered assets against which one is both WILLING AND ABLE to borrow." - Me
2009-09-08 08:35:15
Permalink | |||
|
Indya Posts: 171 Incept: 2009-04-11 India
|
I love the way Gen you started the ticker and carried thru the whole flow! Wonderful! Definitely Gen you will be loved by your bigger audience.
2009-09-08 08:39:31
Permalink | |||
|
Madashel Posts: 577 Incept: 2007-09-14 
West Texas
|
Very good ticker. I don't have kids myself, but I just sent it to everyone I know that does!
---------- "Those who cannot remember the past are condemned to repeat it." - George Santayana "It is better to live for something rather than die for nothing." - George S. Patton
2009-09-08 08:43:56
Permalink | |||
|
Pika-steph Posts: 39200 Incept: 2007-09-11 
^Why I keep^ fighting; so he is not fighting for nothing.
|
Heh. I gave Riley a similar speech yesterday - a pre-emptive speech in case he had to listen to Obama today. (The school has been oddly mum about it - although many around here have opted out.) I almost hope they show it and attempt to use the coinciding curriculum. Everyone at school is going to get an earful if Riley is asked to voice his opinion. Almost makes me wish I had hidden cameras. 
---------- Stop the Looting; Start Prosecuting - http://www.FedUpUSA.org  "America is at that awkward stage. It's too late to work within the system, but too early to shoot the bastards." Last modified:
2009-09-08 08:45:07 by pika-steph
| |||
|
Jubber Posts: 4242 Incept: 2007-07-05
UK
|
should have Pink Floyd's "The wall" playing "we don't need no education " in the background! "all in all, you're just another brick in the wall" ---------- "War is God's way of teaching Americans geography." Ambrose Bierce "The Emperor realized that the people were right but could not admit to that. He though it better to continue the procession under the illusion that anyone who couldn't see his clothes was either stupid or incompetent." Hans Christia Last modified:
2009-09-08 08:45:14 by jubber
| |||
|
Genesis Posts: 71432 Incept: 2007-06-26
KD^2
|
I sent my kid to school with a handful of my business cards - with The Market Ticker's URL on the front. Guess what's going to be on the front page all day long? ---------- "The monetary base in ALL modern monetary systems is the sum of unencumbered assets against which one is both WILLING AND ABLE to borrow." - Me
2009-09-08 08:46:28
Permalink | |||
|
Pika-steph Posts: 39200 Incept: 2007-09-11
^Why I keep^ fighting; so he is not fighting for nothing.
|
Well poo! You shoulda told me - I'd have sent Riley with the same thing!
---------- Stop the Looting; Start Prosecuting - http://www.FedUpUSA.org "America is at that awkward stage. It's too late to work within the system, but too early to shoot the bastards."
2009-09-08 08:49:38
Permalink | |||
|
Infidel Posts: 2973 Incept: 2007-08-27
orlando, fl
|
The truth cuts like a knife, ruining years of government indoctrination. You home wrecker Karl.
---------- Today, there is a name for the political doctrine that rejoices in scarcity of everything except government. The name is environmentalism. George Will
2009-09-08 08:52:32
Permalink | |||
|
2banana Posts: 168 Incept: 2008-02-25
|
What do you expect from government schools run by the teacher's union that you are forced to pay for through extortion of taking your house? When kids get out of high school and college, they are very far left and liberal even if they were raised in conservative households. The government schools do thier jobs very well. It usually takes about 10 years of working your tail off (to the early 30s) to realize just how much government takes from you and just how little you get for it (unless you are an illegal or a GS banker). Then you start realizing how you were lied to and start moving toward more conservative issues and politicians (notice I did not say republican). You stay that way until about age 65 - then nobody better mess with your Social Security and Medicare welfare payments.
2009-09-08 08:53:30
Permalink | |||
|
Judgesmales Posts: 1962 Incept: 2008-02-05
Las Vegas
|
Should have thrown an "ocular penetration" in there. Those kiddies, and probably most of their teachers, wouldn't know what that means. http://www.youtube.com/watch?v=ee8n-xvYE.... ---------- "The tradition of Festivus begins with the Airing of Grievances. I got a lot of problems with you people! And now, you're gonna hear about it." -- Frank Constanza "What we obtain too cheap, we esteem too lightly; tis dearness only that gives everything its value." -- Thomas Paine Last modified:
2009-09-08 09:07:01 by judgesmales
| |||
|
Icanhasbailout Posts: 2170 Incept: 2009-03-10
Imaginationland
|
Amen to that, KD. You hit the nail on the head as to the reason why people like me, who would much rather remain ignorant of and indifferent to the intricacies and intrigue of international finance and capital markets, must come to an understanding of these things as a matter of survival.
---------- I can has TARP? http://icanhastarp.com
2009-09-08 09:04:45
Permalink | |||
|
Peterm99 Posts: 196 Incept: 2009-03-21 SoCal
|
Karl: Great ticker, will definitely send it out. I have just one criticism, though (probably because I've paid into SS & Medicare for over 40 years and hope to draw at least some of it in a few years (but I'm NOT counting on it)). Rather than identifying SS and Medicare as promises the gov't made for free money, you'd be more correct in saying that the gov't misappropriated (stole would probably work for the target audience) the money people were forced to pay to support the retirement and retiree medical care system. It can be considered to be "free money" only after people have been paid back (ideally with interest) what they've been forced to put into it over the years.
2009-09-08 09:13:38
Permalink | |||
|
Txdomer Posts: 968 Incept: 2007-11-07
Ding-dong, the Fed is dead!
|
Quote:See, our government has promised everyone free medical care and free retirement money. Actually, kids, they took part of our paychecks to save it for us to pay for those things, but then they spent most of it on things we didn't need and gave the rest to criminals who are their friends. You see kids, lying and stealing is wrong, except when your government and their friends do it. Edit: You beat me to it, Peterm99! ---------- "Economics is not practiced as a science. Rather, it is a pretentious way to covertly promote political prejudices." - Fred Harrison http://renegadeeconomist.com Last modified:
2009-09-08 09:18:17 by txdomer
| |||
|
Themortgagedude Posts: 3930 Incept: 2007-12-17
saint louis
|
I don't feel real bad for the children. And I've got two of them. Ages 6 and 3. I feel sorry for those holding the debt of the United States when I look at those numbers. And I feel sorry for those of my generation and yours Gen who have not saved for retirement and are counting on gov to help them out. There is absolutely no way this can be paid without printing. This default long term will be a good thing for the country but will be tremondously painful for years. Only thing I worry about for my children is whether or not this leads to conflict. Maybe I'm thinking wrong but I don't see any way for us to pay the bill. I think that ship has sailed. We are at a point now like the guy who knows he is going bankrupt but goes on a giant spending spree with what is left of his money and credit. ---------- "These are interesting times. We don't trust the government, we don't trust the legal system, we don't trust the media, and we don't trust each other! We've undermined all authority, and with it, the basis for replacing it! It's like a six-year-old's dream come true!"
2009-09-08 09:14:53
Permalink | |||
|
Genesis Posts: 71432 Incept: 2007-06-26
KD^2
|
Quote:Rather than identifying SS and Medicare as promises the gov't made for free money, you'd be more correct in saying that the gov't misappropriated (stole would probably work for the target audience) the money people were forced to pay to support the retirement and retiree medical care system. It can be considered to be "free money" only after people have been paid back (ideally with interest) what they've been forced to put into it over the years. No, they promised you something they couldn't pay for. Social Security and Medicare are simply a tax. The US Supreme Court has said so, going all the way back to when the program was initiated, on several occasions. That you BELIEVED otherwise is exactly what I said and meant - you were promised "free" medical care and retirement. ---------- "The monetary base in ALL modern monetary systems is the sum of unencumbered assets against which one is both WILLING AND ABLE to borrow." - Me
2009-09-08 09:15:52
Permalink | |||
|
Moroni Posts: 1885 Incept: 2008-12-03 New York, NY
|
If children were taught "the power function", and if they understood the implications... we'd end all entitlements within 10 years. More than just the teacher's unions are riding on the kiddies not figuring this out. Work hard kiddies. You'll be supporting a whole lot of people. ---------- "Those institutions and individuals who insist upon clinging to the dying past will wither with it. Those who understand the death process will not mourn the passing of the old, but instead celebrate the birth of the new paradigm." - Gerald Celente, Trends Journal Q12010, Page 20
2009-09-08 09:17:04
Permalink | |||
|
Icecastle Posts: 692 Incept: 2008-10-15
|
Powerful. Very powerful indeed. If that doesn't encourage people to reflect on what we're doing to ourselves, I don't know what would.
---------- Mala tempora currunt. 
2009-09-08 09:19:40
Permalink | |||
|
Nirvan45 Posts: 1578 Incept: 2007-10-31
florida
|
I really don't know how the F*ck you do it, staying on top of it with constant firing, without getting distracted. You must have one of your neuturon nullified that does not effect you to continue trumping. I did not post anything on dk response. Because personally I did not see a response was required, as the saying goes beating a dead horse. But that response was more than my expectation, in such a calm fashion. BTW: in original dk ticker I posted, passionate enough but not insulting enough for personal appearance Dennis agreed with me on both account
2009-09-08 09:20:31
Permalink | |||
|
Karlmarxghost Posts: 2641 Incept: 2009-01-26
Stealing Your Property
|
Mike & The Mechanics "Silent Running" is the first thing that came to mind when I read this. "Teach your children silently cause someday sons and daughters, will rise up while we stood still" ---------- My views are my view and mine alone. Karl or ticker forum does not endorse or necessarily agree with my views. DO not trade on my views or take them personally.
2009-09-08 09:25:24
Permalink | |||
|
Avalon Posts: 9 Incept: 2009-01-12 The other side of the pond
|
Great ticker! There should be a campaign for the truth about economics to be a compulsory part of basic maths. But of course that would never be allowed as it's much easier to control ignorant people. Knowledge is power.
2009-09-08 09:28:58
Permalink | |||
|
Txdomer Posts: 968 Incept: 2007-11-07
Ding-dong, the Fed is dead!
|
Quote:No, they promised you something they couldn't pay for. Good point, Karl. It's pretty much been common knowledge to anyone paying attention that they were spending the "trust funds" on other things. No one can claim ignorance on that, no matter what they told us. ---------- "Economics is not practiced as a science. Rather, it is a pretentious way to covertly promote political prejudices." - Fred Harrison http://renegadeeconomist.com
2009-09-08 09:29:30
Permalink | |||
|
Bagbalm Posts: 979 Incept: 2009-03-19
Just North of Detroit
|
Robert Heinlein was a scrappy science fiction author who commented frequently on constants in society. He pointed out that telling children the truth is universally abhorred and made a taboo in all cultures. It may not explicitly say so in the law books but custom has a power stronger than law. Watch out if you see a bunch coming down the road with torches and pitchforks.
2009-09-08 09:30:29
Permalink | |||
|
Fatso Posts: 1764 Incept: 2008-02-03
Roll on up, gonna roll back down
|
Best line:Quote:So when you come home from school this afternoon say "Thanks" to your Mom, Dad, Grandpa and Grandma for selling you into slavery. 
---------- The most defining theme, and overriding purpose, of the U.S. Constitution is to limit the power of the federal government. Over that, there can be no historical, or textual, debate. - Tickerfan
2009-09-08 09:30:32
Permalink | |||
|
Snowman Posts: 1040 Incept: 2009-03-09
avoiding yellow snow
|
sure is a high stakes game of "how much can we borrow until either the sky falls down or there is a recovery". It goes without saying the debt level is absurd and abusive. However, it can and will get worse. The current debt to GDP is around 100% and factoring in social security it stands at around 350%. Seems high, all those trillions. But, if you look at GDP as "cash flow", and that current interest payments on the debt goes to about $500bn a year, then the national debt can probably reach at least 10 times the current levels before there are probability of default issues. That is, borrowings of $100 trillion....Of course all our work would go to paying off the interest, no one would have any money to do anything else, but the debt would still be paid off. So, instead, double the current national debt. It's bad enough, but very doable. There is enough investor appetite out there to absorb it. It would crowd out private funding, but it would work. And with $14trillion pumped into the economy, "something" has to start working. With the politicos track record, there is no reason to think the money would be spent wisely. The debt, of course, will never be paid off. Ever. It wouldn't be defaulted on, and wouldn't be rescheduled, nor the dollar devalued. It would just remain, essentially forever as a burden because the deficit spending can't produce enough GDP personal income growth to pay it back. It could last time we hocked our kid's futures, but not this time.
2009-09-08 09:33:34
Permalink | |||
|
Mortgageguymn Posts: 182 Incept: 2009-03-09
North Coast
|
And even if Social Security & Medicare weren't simply a tax (and, instead were some kind of pre-paid benefit), someone "paying in" since the '60's simply never paid enough - or near enough - to justify the benefits they now expect to get. http://www.ssa.gov/history/pdf/t2a3.pdf Let's not forget that the biggest recent expansion of this unsustainable crap was Bush's 2003 Medicare drug benefit which subsidizes drugs - without any means test - to people who paid virtually nothing for that benefit during their working lives. He used that to insure his 2004 reelection. I voted for him because he was better than the alternative, but the Medicare drug benefit was wicked - indebting us all to pay for viagra for Warren Buffett. In the unlikely event that Obama would partially fix the mess by instituting a means test to the Medicare drug benefit, he would be pilloried by "conservatives". Everyone wants stuff for free. ---------- "Neither a borrower nor a lender be." - Harold Hecuba
2009-09-08 09:34:18
Permalink | |||
| Top | Forum Top | Login | Control Panel | Logout |
| Showing Page 1 of 6 | First | 1 | 2 | 3 | 4 | 5 | 6 | Last |