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Thread: FTC to Regulate Blogging

  1. #61
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    you never have to work a day in your life--as long as you are willing to be poor.

    In reverse:

    You will have to work hard, get an education and put your brain to work all your life --as long as you are willing to be rich so that you can support the wretches of society with the money taxed on your labour.
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    Quote Originally Posted by Keldorn View Post
    In reverse:
    You will have to work hard, get an education and put your brain to work all your life --as long as you are willing to be rich so that you can support the wretches of society with the money taxed on your labour.
    Eh quite true. The saddest thing is, I don't have a problem with providing some financial help to the poor, but I have a problem with the fact I'm not given a chance to choose that on my own and choose precisely how I wanna help. Instead they just take it and I don't even know what happens with the money afterwards and next thing you know, there's a global financial crisis and they're bailing out the rich.

    I for one think the best way to deal with the poor if you're rich is to invest in business education for them and then give them loans rather than charity so that they are motivated to make a return on investment rather than just spend it. And when they return my money I can re-invest it into more poor people to repeat the process.

    That's "teaching a man how to fish" as opposed to just perpetually feeding them fish without improvement in the situation (which is precisely how typical state welfare systems work the world over).

  3. #63
    nux
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    Now that we've gone so far off topic, I thought I'd throw this in there. With all the bailouts that did happen, look at where we are now. I'd say we're pretty stable again with a slow push upwards. Without the bailouts where would we be? No one knows...I definitely am not for them bailing out all the big companies, but sometimes I wonder if we didn't, what would have happened then...
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    Quote Originally Posted by nux View Post
    I'd say we're pretty stable again with a slow push upwards.
    Not even close. Now we're just another trillion dollars in debt, with no advantages to anyone except the few people who received those bailout dollars.

    All the bailout did was steal money from our children and grandchildren and give it to Democratic party contributors. They were paid back for all the money they contributed to the Obama campaign, almost immediately after he took power. Now that's what I call RoI.

    Quote Originally Posted by bogart View Post
    US newspaper circulation down 10.6 percent as rate of decline accelerates
    As Dr. Egon Spengler said in 1984, "Print is dead."
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    I swear, by my life and my love of it, that I will never live for the sake of another man, nor ask another man to live for mine.

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    Quote Originally Posted by nux View Post
    Now that we've gone so far off topic, I thought I'd throw this in there. With all the bailouts that did happen, look at where we are now. I'd say we're pretty stable again with a slow push upwards. Without the bailouts where would we be? No one knows...I definitely am not for them bailing out all the big companies, but sometimes I wonder if we didn't, what would have happened then...
    It's a "false flag recovery". But don't take my word for it. Just wait a few months.

    It's gonna get worse. Some reputable analysts and economists including Peter Schiff (the guy widely credited for warning people about this crash before it happened) and George Celente say that the real thing is yet to come. All of this was just an introduction and what's coming they're calling "The Greater Depression".

    You have to keep in mind that these bail outs are actually a huge escalation of precisely what brought the recession in the first place, fundamentally speaking, which is government sending bad signals to the market (because government is out of market force since it doesn't operate on trade, but coercion). They also printed money that wasn't there, trillions worth, which is why they probably killed the dollar for good in the mid to long term.

    The healthy thing would be to let the market weed out the bad businesses, no matter how big they were. Hell, that's what market is for! That's why these recessions exist! If they let them fail it would have been tough for about a year (which is already past) and then the REAL not fake recovery would begin, skyrocketing opportunities on new better grounds. But no.. they kept the very businesses whose practices led to the crisis, afloat at the expense of everyone else. This created an illusion of recovery, but it's just another bubble and when it finally bursts it's game over and back to the real world.

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    Quote Originally Posted by Will.Spencer View Post

    As Dr. Egon Spengler said in 1984, "Print is dead."
    What is dead is content, not the medium in which it is produced... Once those that produce newspapers realize that their content is what sucks, they'll be in a far better position to rebuild what once was.
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    Quote Originally Posted by nux View Post
    Now that we've gone so far off topic, I thought I'd throw this in there. With all the bailouts that did happen, look at where we are now. I'd say we're pretty stable again with a slow push upwards. Without the bailouts where would we be? No one knows...I definitely am not for them bailing out all the big companies, but sometimes I wonder if we didn't, what would have happened then...

    I'm not really sure. My understanding of economics tells me a loan to pay back a loan is bad thinking. This is like having credit card debt then paying the one credit card off with your second credit card. It will buy you some time to live another day, but the inevitable will come down the pipe sooner or later.. 10 x worse with interest?


    As Dr. Egon Spengler said in 1984, "Print is dead."
    It certainly is, this isn't neccasrily a bad thing. People only look at the negative aspects, what the positive? There will be surplus of paper without newspaper. Schools could afford cheaper paper in that scenario improving the condition of the schools. Less tress will be cut down. Less oil will be used to deliver those papers. Less ink will used, making ink cheaper for your own printer, less electricity used for priting those papers. Maby your electiricty bill might get cheaper. Cause and effect is the nature of the free market!

    You know how those stores that send you flyers? Why dont they develope good way to present fliers on their own websites? I know they do this now, but its not the best way, they use pdf's, not very good. There is many times I wanted to go online and lookup my local grocery and see what the have available. But there websites are not developed and have no content, its very sad. lol

    Edit: Thinking, the reason those supermarket websites might not be developed is that people with skills like us, who can build websites, or atleast me, to program and build such a thing, is in short supply at the moment. PHP programmers full time will cost you around 60 -100K a year. Thats just the programming. You also would need a desinger, and also a few brains to put together all the content from the stuff you have on the shelf and keep it all updated. Print still seems to be the cheaper alternative for now...
    Last edited by Keldorn; 26 October, 2009 at 20:40 PM.
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  9. #69
    nux
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    I really don't pay much attention at all to all this economic stuff and others. My backup plan is to move to Canada (I'm in Minnesota, so it's just a little north) or somewhere else if it gets too bad. That's my excuse for not really educating myself on the subject.

    What I posted a bout is my not so observant opinion based on what little things I keep an eye on.

    I just know houses in my neighborhood are selling in days instead of months.
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    Quote Originally Posted by memenode View Post
    It's a "false flag recovery". But don't take my word for it. Just wait a few months.
    A double dip recession is a real possibility.
    Quote Originally Posted by memenode View Post
    It's gonna get worse. Some reputable analysts and economists including Peter Schiff (the guy widely credited for warning people about this crash before it happened) and George Celente say that the real thing is yet to come. All of this was just an introduction and what's coming they're calling "The Greater Depression".
    There's a possibility that the economy could fall into a black hole. What little growth that we have had is due to Government spending like "cash-for-clunkers" and "$8000 first time homebuyer credit" etc. There programs as well as trillions in stimulus spending are unsubstainable. There is nothing that's happening in the economy that provides any hope for a recovery.

    To make matters worse, the housing price crash is continuing. Prices are expected to drop as much as 25% over the next 12 months. Foreclosures are now setting new highs and banks are continuing to lose money or go into bankruptcy.

    The only positive sign is the stock market. But that may be in fact a negative sign. What I mean is that liquidity is following into the market. That money can leave just as fast and cause a stock market crash. Bear markets usually don't give any warning signs.

    Quote Originally Posted by Mia View Post
    What is dead is content, not the medium in which it is produced... Once those that produce newspapers realize that their content is what sucks, they'll be in a far better position to rebuild what once was.
    People still buy books and people still buy cars even though Detriot isn't selling any.

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