I renounce my faith ...

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auto_da_fe
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Re:I renounce my faith ... 2011/04/08 18:36:56 (permalink)
and the number one sign of the decline of the American Empire.....



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#61
zungle
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Re:I renounce my faith ... 2011/04/08 20:02:57 (permalink)
I'm detecting an anti corporate sentiment....................

IMO............ Labor Unions,lobbyist and trial lawyers should not go unscathed............

We are in it pretty deep............  
 
#62
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Re:I renounce my faith ... 2011/04/08 20:08:56 (permalink)
zungle


I'm detecting an anti corporate sentiment....................

IMO............ Labor Unions,lobbyist and trial lawyers should not go unscathed............

We are in it pretty deep............  



You forget politicians and televangelists.

Mark Wessels

At CD Baby

At Soundclick
#63
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Re:I renounce my faith ... 2011/04/08 20:43:21 (permalink)
zungle


I'm detecting an anti corporate sentiment....................

IMO............ Labor Unions,lobbyist and trial lawyers should not go unscathed............

We are in it pretty deep............  



+1

That's why I tried to define the difference between corporations which are fine.  And crony capitalism (using the power of the government to screw people over) which is not.


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#64
Janet
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Re:I renounce my faith ... 2011/04/08 20:54:16 (permalink)
I hope this can continue.  This is interesting.  Thanks for the links, etc. 
#65
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Re:I renounce my faith ... 2011/04/08 20:56:36 (permalink)
zungle


I'm detecting an anti corporate sentiment....................

IMO............ Labor Unions,lobbyist and trial lawyers should not go unscathed............

We are in it pretty deep............  

For me Im not either side but whats right for my country and its workforce in these tuff times. It all starts with the payoffs (donations) from the major corps. It just reinforces that need for more gain. In turn, businesses are allowed to push discrimination and harassment to the point of forcing the senior workforce out and hiring fresh new recruits at a pay that does not require them to pay the higher wages and benefits of keeping the ones that have been there decades. When DOL & FMLA dont even protect the people anymore with it being a federal law, what do people do when they get sick in the later years and are released because of the lack of respect for the laws and the Gov dont even step in once addressed at those levels. As for Unions, those who havent experienced the type of work atmosphere of greed, bonuses, corrupt management and business at high levels will really NEVER understand why unions are so important to the dues payers. Now with all the misleading guidance and deception going on here in country all for the sake of breaking up that which has taken a VERY long time to get in place to protect the american workforce and families. 
Just look at what Bonuses and Donations have done for us.  Leadrship in any business is in it for only ONE thing and that is PERSOANL gain, not the company or keeping America working. We try and outsource all we can for the sake of saving in the budget just to try and meet that next goal, if something gets in the way like someone gets ILL, get rid of em and hire the new one we dont have to spend a 1/4 to employee, and if we donate to help someone get elected, we are sure to help inforce the efforts on that end to get rid of those that are much costlier to keep around. Its just a viscious circle in the corporate side that NO ONE ever sees as they try to hit that next goal to insure the few profit as the masses continue to struggle just to survive.
When its all said and done, the suiters will be laughing once again, WallyWorld Family will be safe in the Fortress Bunker and the rest will be fighting on the surface to keep on surviving. Its just how it actually is.  Take a look around, watch the news and enjoy what the future holds for you.   (Just my ranting-Sorry)  But I feel better I got it out  LOL


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#66
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Re:I renounce my faith ... 2011/04/08 21:11:26 (permalink)
digi2ns


zungle


I'm detecting an anti corporate sentiment....................

IMO............ Labor Unions,lobbyist and trial lawyers should not go unscathed............

We are in it pretty deep............  

For me Im not either side but whats right for my country and its workforce in these tuff times. It all starts with the payoffs (donations) from the major corps. It just reinforces that need for more gain. In turn, businesses are allowed to push discrimination and harassment to the point of forcing the senior workforce out and hiring fresh new recruits at a pay that does not require them to pay the higher wages and benefits of keeping the ones that have been there decades. When DOL & FMLA dont even protect the people anymore with it being a federal law, what do people do when they get sick in the later years and are released because of the lack of respect for the laws and the Gov dont even step in once addressed at those levels. As for Unions, those who havent experienced the type of work atmosphere of greed, bonuses, corrupt management and business at high levels will really NEVER understand why unions are so important to the dues payers. Now with all the misleading guidance and deception going on here in country all for the sake of breaking up that which has taken a VERY long time to get in place to protect the american workforce and families. 
Just look at what Bonuses and Donations have done for us.  Leadrship in any business is in it for only ONE thing and that is PERSOANL gain, not the company or keeping America working. We try and outsource all we can for the sake of saving in the budget just to try and meet that next goal, if something gets in the way like someone gets ILL, get rid of em and hire the new one we dont have to spend a 1/4 to employee, and if we donate to help someone get elected, we are sure to help inforce the efforts on that end to get rid of those that are much costlier to keep around. Its just a viscious circle in the corporate side that NO ONE ever sees as they try to hit that next goal to insure the few profit as the masses continue to struggle just to survive.
When its all said and done, the suiters will be laughing once again, WallyWorld Family will be safe in the Fortress Bunker and the rest will be fighting on the surface to keep on surviving. Its just how it actually is.  Take a look around, watch the news and enjoy what the future holds for you.   (Just my ranting-Sorry)  But I feel better I got it out  LOL


I think this is a good time to differentiate between public and private unions.  I don't have a problem at all with private unions.  They can present their demands to managment, and managment can deal with them or not.  And if the unions demand too much they bankrupt the company (see auto workers etc).

I have a big problem with public unions.  They donate the money to elect the people that give them the raises.  To bad we pay for that with taxes.

IMO, public unions are no different than crony capitalism.  In both cases insiders are using connections and money to get a better deal for themselves at the expense of everyone else.

You can see plenty of examples of this in school systems where teachers can't get fired.  Or with safety workers retireing at 50-55 years old with 100k plus pensions then turning around and getting hired back for the same job (and now making 200k plus a year)


Note I have plenty of respect for most of the individual employees (both my grandparents were teachers, and I have good friends in law enforcement) but as a whole the system has is not sustainable.  It's like the old joke "it's a good job if you can get it".   Sure making 100k plus a year is great.  But it's not affordable on my dime.




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#67
DW_Mike
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Re:I renounce my faith ... 2011/04/08 21:16:06 (permalink)
There are no good choices anymore.  Just less bad ones. 



I believe that it was Jerry Garcia who said "Choosing the lesser of two evils, is still choosing evil."
I've always thought that summed it up well.


Mike
 

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#68
zungle
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Re:I renounce my faith ... 2011/04/09 00:52:59 (permalink)

I think this is a good time to differentiate between public and private unions. 



I appreciate your interpretations.............


But days of truly  private "Unions" are over.


With State and Federal  laws on "'Prevailing "  wage, non competing contracts and heavy political lobbying  there are no such private "Unions"


 Don't get me started on  public "Unions"..............We-e-e-e-e-ell........... summarized....."Illegal"

To understand how deep our politicians are in bed with the "Unions" and "Corporations" one  must be free of there personal gains.



"Politician" or avg "Joe"..........Thats a tough nut to crack anymore.
post edited by zungle - 2011/04/09 00:55:14
#69
zungle
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Re:I renounce my faith ... 2011/04/09 00:54:08 (permalink)
Note I have plenty of respect for most of the individual employees (both my grandparents were teachers, and I have good friends in law enforcement) but as a whole the system has is not sustainable.  It's like the old joke "it's a good job if you can get it".   Sure making 100k plus a year is great.  But it's not affordable on my dime.



Very well put........
#70
Ham N Egz
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Re:I renounce my faith ... 2011/04/09 12:59:43 (permalink)
Umm I am NOT in a union, but I AM in a classification of a state employee under the Civil Service Umbrella.

This is the third year my pay raises have been frozen by the state legislature, yet my share of payment for health insurance has gone up every year, and now there is a bill introduced to increase my portion of my contribution to retirement. There is also a bill being introduced to do away with the Civil Service branch.

I am happy to have a job, yes. BUT I AM NOT AKIN to crap up north,I am angry to see the strong arm tactics and political muscle going on up there,

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#71
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Re:I renounce my faith ... 2011/04/09 23:15:44 (permalink)
+100000000000000000000
To understand how deep our politicians are in bed with the "Unions" and "Corporations" one  must be free of there personal gains.

"Politician" or avg "Joe"..........Thats a tough nut to crack anymore.


This is the third year my pay raises have been frozen by the state legislature, yet my share of payment for health insurance has gone up every year, and now there is a bill introduced to increase my portion of my contribution to retirement
 --(And if it works like the FEDS it will be treated like the SS Accounts-Just something else for them to dip into even though its a savings set aside for your retirement-and they will dip into it!!!)  Give and Give and they Take more and more.

There is also a bill being introduced to do away with the Civil Service branch. 
--(This will fall up under something comparible to the FERS System which is good but and entirely different formula and you will have to work until your in your grave to enjoy anyt retirement)

There is so much to this but until you have worked decades within these careers for the State and Fed employers, its so easy to find for those that are strong arming and stealing from the average employee and how it is actually being accomplished.  There are way to many employees out there and most dont pay attention to what is happening to them until its hits them hard. They just show up, collect for there work and take the hits as they are thrown at them. Only when its too late do they see and understand what has and is happening. This will never end until change and restructuring is implemented from the top on down, not at just the labor force side. You will see so much eyewash as to that above this level but then that is what it is-EYEWASH.


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#72
Rbh
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Re:I renounce my faith ... 2011/04/10 00:58:59 (permalink)
Anti Corporate sentiment? Corporations have had a steady decrease on taxation as related to the average citizen for going on 80 years. Corporations and average citizens income tax used to reside at about a 1:1 ratio in the 30's . Almost every decade the ration is skewed in favor of corporations. Today it is about 6:1 ratio. The accumulation of corporate welfare is what is breaking our banks.   Hmmm speaking of broken banks.  I guess that's another story..LOL no it isn't.. the same old story just like the savings and loan industry back in the 80's. If we want to fix it, we need to lose the so called conservative agenda. It's been chewing our society up for going on 30 years straight. We've gone nearer to the point of no return with a GOP White house along with the majority on both houses during GWB's presidency. I will not hold the present leader in the white house responsible for not fixing that mess in 2 and a half years. Now look what kind of lies it took for the newly named GOP " tea party" goof balls to pull of the latest disaster. I agree with you BUB.
I look at what really going on and it makes me sad for my daughters future.

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#73
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Re:I renounce my faith ... 2011/04/10 01:35:02 (permalink)
What made me open my eyes Rbh was, I finally realized there really is no difference anymore. There is no R or D or I or TP. Politicians are saying what they need to get elected and all bets are off at this point. It's always been this way to some extent but I've never seen anything like what's been going on as of late.

As for corporate taxes, I agree 100%. There is no reason these people should be getting the breaks they are. I know people who own their own business and are incorporated that have never paid a penny in personal taxes because of corp tax loopholes.

The company I worked for that laid me off a year ago, I just found out they withheld Social Security taxes out of my pay, but never submitted them to the IRS. It was almost impossible to report them. How many companies get away with that because it's so hard to do anything about it? The SS people can't do anything about it, you have to report it to the IRS, and that's where you get hung up.

I think the thing that has kept this thread open and ongoing in such a positive manner is, everyone realizes that the jig is up, and there is no difference between parties anymore (at least the people participating in this thread). The media and the politicians want you to think so to distract you, but there really is no difference. I agree with most of what I hear R's say, and most of what I hear D's say in the media and I really see no difference anymore in what they actually end up doing.

Thanks,

Bub

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#74
UbiquitousBubba
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Re:I renounce my faith ... 2011/04/11 11:09:50 (permalink)
"...Keep your hands off of my stack"
#75
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Re:I renounce my faith ... 2011/04/11 16:40:05 (permalink)
This was included in one of the investment letters I got today, and I thought it was germaine to the topc (ooh l used germaine in a sentence !)  Empasis added
 
I'm going to be very interested to here the President's proposal on Wens, and see if he's actually proposing something that could get a handle on things.  Hint, any proposal that doesn't involve significant reforms (cuts) is just more pandering.
 

The Federal Government Is STILL Open!
And what of the U.S.? Is federal spending under control? Are things getting better? Last week, we all climbed a wall of worry about the federal government shutting down for lack of a budget. Whew, we dodged that bullet.
Or did we? Are there more bullets heading our way? A simple graph issued by the Congressional Budget Office highlights the U.S. budget story (you can find the graph here ).
Basically, 55 cents out of every tax dollar is for "mandatory" spending, including things like Social Security, Medicare, Medicaid, unemployment compensation, veterans' benefits and public pensions. Oh, and there's interest on the national debt too -- 6% of budget. By law, the mandatory spending, plus interest, is money the government "owes" to people and cannot "unspend," so to speak.
Then there's that 20% of budget going to defense. But even if the wars in Iraq, Afghanistan and Libya all ended tomorrow (and don't count on that), there's no peace dividend. The Navy needs new ships. The Air Force needs new airplanes. The Army needs new gear, as well, because all the old stuff got beat up over the past decade or so.
 
So what's left for Congress to cut? Well, this graph is what made last week's budget negotiations so dramatic. The cuts had to be made from nondefense discretionary spending, a mere 19% of the total federal budget. Thus, the congresspeople argued over a variety of relatively smallish programs -- from Planned Parenthood to aid to rural airports.
So we've got about 81% of the U.S. budget tied to entitlements, interest and defense. Right now, in this political climate, these could all be spent "smarter," but they won't likely be cut significantly. Of the remaining 19% of budget, about half goes for things like the FAA (airspace control), the Border Patrol, Immigration and Customs, the FDA (meat inspection and such), the State Department and embassies, etc.
So all we're really dabbling with for "cuts" is the 9% for such things as agriculture, national parks, energy research, environmental protection , other federally funded research and development and the like. Doubtless, there's room for cutting, but then again, there are many important programs here as well.
Wanting Vs. Affording
As the budget kabuki played out, I was watching a bit of the TV news this past weekend. One talking head asked the typical rhetorical question, "What kind of country do we want this to be?"
Nice try, pal. That's the wrong question anymore. It's not what we want the country to be. We're far past "wanting."
The correct question to ask looking ahead is [bold]"What can this country afford?" [/bold]
And that's a very tough question. Indeed, it's a tough bullet to chew. Because a lot of people won't like the answers.
 
 
http://dailyreckoning.com.au/images/dr20110411b.jpg
 
 
post edited by Kroneborge - 2011/04/11 16:41:08


Mathew

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#76
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Re:I renounce my faith ... 2011/04/12 01:36:00 (permalink)
Great thread, with links no less! After reading through I was inspired to add my own fip penny bit (6.5 cents).
 
Way back in ancient Athens (Sign at the city-state limits: “Welcome to the birthplace of Democracy. Barbarians (except slaves) keep out.”) the leaders came up with this great idea to have 500 Athenian citizens in the ruling assembly—not for representational purposes per se, but to rule out the possibility of anyone bribing the legislature to gain preferential treatment. Nobody would be able to sway the opinions of a majority of 500 individuals, the thinking went. Way too costly.
 
Cut to the chase, and to today, and what do we have? Exhibit A, a quote from Boeing’s (for example) own web site: “Boeing and its subsidiaries have employees working in all 50 United States.” Boeing (and TRW and Lockheed Martin and Raytheon, etc.) has plants all over the place, in congressional districts from coast to coast. So, name the Congressperson who is immune from being linked with a plant closing and related job losses in his/her district if they vote to somehow cut aerospace spending? (Hint: trick question. No such rep exists.)
 
Exhibit B, the Supreme Court’s January ruling in Citizens United v. Federal Election Commission: to wit, Corporations are not limited in the amount of money they can spend to get somebody elected (or the nefarious converse, to get somebody NOT elected), or to sway opinion in things political. So, while maybe I think it too costly to try to sway the opinions of a majority of US legislators, there are other “corporate citizens” in the land who may not share my naiveté. But after all, some citizens are more equal than others, isn’t that the saying?
 
Exhibit C: take Boeing again, not for any particular reason except as example. (You can fill in another corporate name here if you like.) Again, to take it at its own word, Boeing boast of plants in 70 countries around the globe. Of which the USA is one. So, while the Supreme Court grants Boeing (and other big companies, and yes, labor unions and other collective organizations) the right to put its money where its, um, mouth is as far as politics is concerned—in the interest of free speech for all US citizens; and corporations, it turns out, are kinda, sorta, mebbe, if-you-squint-and-don’t-really-care-whose-rights-get-trampled-in-the-process, citizens too—one has to wonder: citizens of where? Lets say there’s a corporation with plants in the USA and Saudi Arabia and the UAE and China and Russia—oh, geez, Boeing again! (Sorry, fellow citizen!) And this corporation can spend and spend and spend on the elections of all those Congressional reps in all those congressional districts where company plants are located anyway? Conflict of interest? Okay, I’ll stop on this “connect the dots” scenario before it goes domino, but I put the case.
 
Actually, as thoughtful as the responses in this thread have been, which I appreciate, they’re kind of a downer, ya know? I’m going back to making music (actually working on a press release, which I have been avoiding, haha, which is sorta/kinda/if-you-squint related to music making, in the necessary evil category).  

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#77
Kroneborge
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Re:I renounce my faith ... 2011/04/12 10:14:56 (permalink)
Some really good points here.

How do you get rid of the corruption on both sides?  Obivously campaign finance laws haven't done it.   We've been trying to regulate it for what 30-40 years, and if anything things have gotten worse.

In particular you see this in the finance regulatory agencies.   I think they call it regulatory capture.  Where the regulators being to watch out for the regulatees (is that a word?)

I don't think there is an easy solution to this (especailly because of the free speech issues).  But probably the best solution is to have a small government with a simple regulatory regieme.  The rules should be clear and concise.  There should be no wiggle room or special excpetions because that's what the big companies use to get a competive advantage. 

Also if we held governments to the same accounting standards as corporatons that would help as well.


I don't think there's an easy solution to this (especially because of the free speech issues). 


Mathew

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#78
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Re:I renounce my faith ... 2011/04/12 10:39:14 (permalink)
It is interesting that Boeing was mentioned.  I had to smile a bit.
 
Boeing corporate operates as if it were a pseudo government agency.  For that matter, Airbus does the same.   Both of these companies are large pawns (and they enjoy that position) in the global economy.  Why not.... they both gain tremendously from their position.   For instance, the US  Export Import Bank (the government agency that finances U.S. exports) provided  90% of the loan guarantees for 2009  to subsidize one company.  If you guessed Boeing, you would be correct.  The bed that Boeing made while the government fluffed the pillows in the 40's still exists, and neither of them has any trouble sleeping at night - 70 years later.

Katherine  

#79
Karyn
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Re:I renounce my faith ... 2011/04/12 10:42:29 (permalink)
Boeing?   hmmm,  I've heard of them.   What do they make then?

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#80
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Re:I renounce my faith ... 2011/04/12 10:47:55 (permalink)
Karyn


Boeing?   hmmm,  I've heard of them.   What do they make then?
My bad, I should have described them better.   These are the Boeing-Boeing-Boeing model 127
 
These are the short-haul version.  


Katherine  

#81
Randy P
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Re:I renounce my faith ... 2011/04/12 11:18:24 (permalink)
Just trying to keep track of things. Here is who has been blamed so far in this thread.

Republicans
Democrats
Unions
Football
American Idol
The Military
Social Security
Medicare
Wall Street
Boeing
Big Oil
The Supreme Court
Banks
Immigrants
Lobbyists
Media

We get the government we deserve folks.

Randy

p.s. Good job keeping this civil so far.

http://www.soundclick.com/riprorenband

The music biz is a cruel and shallow money trench,a plastic hallway where thieves & pimps run free and good men die like dogs. There's also a negative side. Hunter S. Thompson
#82
Randy P
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Re:I renounce my faith ... 2011/04/12 11:19:30 (permalink)
double post  
post edited by rsp@odyssey.net - 2011/04/12 11:21:00

http://www.soundclick.com/riprorenband

The music biz is a cruel and shallow money trench,a plastic hallway where thieves & pimps run free and good men die like dogs. There's also a negative side. Hunter S. Thompson
#83
SteveStrummerUK
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Re:I renounce my faith ... 2011/04/12 11:25:43 (permalink)
rsp@odyssey.net


Just trying to keep track of things. Here is who has been blamed so far in this thread.

Republicans
Democrats
Unions
Football
American Idol
The Military
Social Security
Medicare
Wall Street
Boeing
Big Oil
The Supreme Court
Banks
Immigrants
Lobbyists
Media
Hookers
Blow
Accidental double posters

We get the government we deserve folks.

Randy

p.s. Good job keeping this civil so far.

 
Fixed
 
 

 Music:     The Coffee House BandVeRy MeTaL

#84
zungle
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Re:I renounce my faith ... 2011/04/12 11:32:13 (permalink)
Just trying to keep track of things. Here is who has been blamed so far in this thread. Republicans Democrats Unions Football American Idol The Military Social Security Medicare Wall Street Boeing Big Oil The Supreme Court Banks Immigrants Lobbyists Media We get the government we deserve folks. Randy p.s. Good job keeping this civil so far.



Best reply yet...............




We've blamed everyone but ourselves...................




Wait a minute, I tried that in a a while back...........
#85
SteveStrummerUK
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Re:I renounce my faith ... 2011/04/12 11:36:26 (permalink)
zungle

We've blamed everyone but ourselves................... 


And whose fault is that
 
 
 

 Music:     The Coffee House BandVeRy MeTaL

#86
UbiquitousBubba
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Re:I renounce my faith ... 2011/04/12 11:46:13 (permalink)
Ok.  Who was last seen holding the Blame Thrower?  Bapu?  Mooch? 










Maybe I've seen Mystery Men too many times.  I blame my childhood.
#87
Kroneborge
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Re:I renounce my faith ... 2011/04/12 12:00:56 (permalink)
zungle



Just trying to keep track of things. Here is who has been blamed so far in this thread. Republicans Democrats Unions Football American Idol The Military Social Security Medicare Wall Street Boeing Big Oil The Supreme Court Banks Immigrants Lobbyists Media We get the government we deserve folks. Randy p.s. Good job keeping this civil so far.



Best reply yet...............




We've blamed everyone but ourselves...................




Wait a minute, I tried that in a a while back...........
 
 
Actually, I think I blamed uniformed/univolved citizens a while back
 
You're absoutely right though.  For a democracy to work it requires and informed and invovlved electorate.   And most people can't be bothered.  Well at least not till things get real bad.  Eventually we will go for the tar and feathers (or guns and ammo).  
 
But it would be so much better/easier to get our acts together now.   Henceforce I resolve to double the amount of economics and poltics I read each week. (wait, then I will never get any work done)


Mathew

Hip Hop
http://www.soundclick.com...ault.cfm?bandID=213418

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#88
zungle
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Re:I renounce my faith ... 2011/04/12 12:23:21 (permalink)
Henceforce I resolve to double the amount of economics and poltics I read each week. (wait, then I will never get any work done)



Well,you may have picked up on the fact that I am the smallest of business owners. I am an "S" Corp with a few employees.


With the layers of extra red tape and taxes added to my plate because of local government over spending and poor budgeting...etc.etc.. 


I am resolved to turn further inward, employ severe micro management and control only what I can. 


I am now profiting only thru false economics, which leaves no room for pay raises or hiring...


Or free time .............


Right now all of my extra money is and has been saved,stashed and invested,


Mostly stashed outside of the banking system.........


None has hit the market, none has trickled down. 


None will for quite some time.


I have been fairly conservative over the years and have not been hit as hard as most.


But to reach my long term goals, I am now and have been working triple and quadruple time....


Thats the only way  I know............


 
#89
Legion
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Re:I renounce my faith ... 2011/04/13 15:58:37 (permalink)
Well you haven't blamed the swedes, or USA turning into Sweden, yet...

This is kinda funny if you haven't already seen it http://www.thedailyshow.c...ockholm-syndrome-pt--1 and http://www.thedailyshow.c...ockholm-syndrome-pt--2

With that I have to ad that the show is a few years old and lots have changed since then (better for the havs, worse for the have-nots). But I guess that's what politics is all about, to give to someone you have to take from someone else.
post edited by Legion - 2011/04/13 16:00:15

Sadly very reduced studio equipment as it is... ASUS G750J, 8 gb RAM, Win8, Roland Quad Capture.
#90
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