12/27/2008

Wishful thinking or wicked intent?

In March this year the official figure given was that Temasek was managing $185b of assets. If these were in equity or equity related assets and stocks, my guesstimate is that it would have lost 50% of its value at least. But the figure will be much better if kept in fixed deposits or less risky assets that are saved from the financial crisis. If the loss is in the 50% region, I said if, the loss must be made up from somewhere. I fear the money in CPF. Would the minimum sum and Medisave be further increased? Would the withdrawal age be further delayed? Would there be new measures to shift the goal posts? There are now more reasons to wish that our investments are intact, that the talented fund managers are doing well to keep them growing or at least not losing. There are more reasons not to change the govt so that the talents and the continuity will help to safeguard our assets and investments, and our future. The CPF is like a sacred cow. It is the people's hard earned money and must rightfully return to the people for their own benefit at the earliest possible time. Definitely not till they are dead or near death. This is simply bad. I have all the time this bad feeling, and I can be totally wrong on this, that there are people with designs on our CPF money. To keep the CPF for as long as possible to enable them a cheap source of fund for their own investment schemes. I hope I am wrong. I hope the real reasons to keep the money for as long as they can is really for the good of the people, in the interests of the owners. But should anyone really have wrongful designs, they must know that the designs are wicked and will do them no good. The first is the intent to 'sapu' money. No one should ever think of it as the CPF money rightly belongs to the people and depriving the people from getting it back is already sinful, if not criminal. Decent and honourable people who believe in not doing evil should never harbour such thoughts. The second intent to use the money for whatever schemes or things, may include thoughts of returning the gains to the people, if there are gains, may have some mitigating factors to lower the ill effects of the first intent. But if it is just to exploit this cheap source of fund with no regards to rewarding the owner of the money, it is unforgiveable. Seeing it in any other way is still a dirty thing to do. Do I sound like preaching or delivering a sermon? The rights and wrongs of such acts and intents are difficult to dispute or wish away. Do not have designs on the people's hard earned money for private interests. If there are, it is better to let the owners know and seek their permission and forgiveness. Do not temper with money that is not yours.

32 comments:

Anonymous said...

obviously if the cpf or reserves are redistributed, the country will be poorer in the balance sheet. if the assets are lost thru speculations however, the results are still the same. both ways, the country is poorer. but where it is impossible to do so in the first instance, we could have make it big with the second one. and wrote a book to teach others about it. dun lose sleep over this. what happened was an anomaly. mind you, we havent lost any money yet. you should be laughing your way to the bank, 100 years from now.

redbean said...

thank god there is still hope...in a hundred years!

Kaffein said...

Indeed. I have been telling this to my friends and colleagues since 4-5 years ago. But nobody listens to me.

Told them that what makes you so sure your money won't be used for investments and all it needs is a world financial crisis and you may lose all your monies at one swipe.

My friends think I'm anti-PAP and anti-establishment. Perhaps now they may think otherwise. I told them, just think Ferdinand Marcos and Suharto, and the country is still trying to figure out where all them money has gone.

I'm not saying it is such, but if there are no independent checks, how would anyone know? Take NKF for example, if it hadn't been for the ST slip and the arrogance of TT Durai, how would anyone know the mis-management of the funds? If it hadn't been for the collapse of the Lehman brothers, who would have thought they had been sold high-risk funds? If Madoff wasn't discovered, who would have thought he had cheated so many people, and smart people in business and investments? Who would have thought the town councils had used our monies to invest and lost, and not even a word out until 2-3 months later when people demanded for an accont? Even then, the answers were dodgy and unclear.

Never say never.

Anyway, that's what CSJ pointed out publicly and he got sued. Well now, with the recent collapse of so many finanial institutions, people are waking up and starting to ask questions.

So perhaps it will be good for the government to explain in simple terms to the questions on the ground. Anyway, they are clean so some father figure had vouched for. So there is nothing to fear. It definitely will give them a good boost in people's confidence.

Let's hope.
Kaffein

Anonymous said...

If anyone is poor, hungry and have no money in Singapore, they can walk into any food centre and ask for free food. If they are willing to ask, they will get free food. I have spoken to a food centre operator, and this is what he told me.

Francis Chua, Singapore

Anonymous said...

If anyone is poor, hungry and have no money in Singapore, they can walk into any food centre and ask for free food. If they are willing to ask, they will get free food. I have spoken to a food centre operator, and this is what he told me.

Francis Chua, Singapore

Anonymous said...

Sorry for the 2 posts. Technical glitch.

Francis Chua, Singapore

Anonymous said...

If you would be kind enough to give the rough location of the food centre, my bangla friends (not kidding, they are good people and friends) would appreciate that alot.

Anonymous said...

just who is 'bangla'?

Anonymous said...

PAP politicians and their cronies must resign from Parliament and Government and they must not be allowed to continue to profiteer from the positive changes as made by many non-PAP handworking citizens like myself. Fancy working hard for the society and they and others continue to profiteer from my and our efforts. It is as though my and our inputs are free and taken for granted and theirs is more important and paid with money. We must stop them from continuing to take advantage of us.

This is ridiculous!

Francis Chua, Singapore

Anonymous said...

Singaporeans should also STOP their nasty habits of taking for granted the positive contributions of non-PAP hardworking citizens like myself and others. If we do not speak out against the unfairness of the system, do you THINK the system will improves?!
It is so ridiculous that not only the effort of the non-PAP hardworking citizens are not rewarded, they are taken for granted, worse, they are prejudiced against. It is like being robbed, then raped and then murdered. And the PAP cronies continue to profiteer from the good effort of the non-PAP citizens. It is no wonder good Singaporeans are slowly and quietly disappearing in Singapore.
You Singaporeans better change your nasty habits before you are wiped out by YOUR OWN STUPIDITY!!! Wake up Singaporeans!!!

Francis Chua, Singapore

Anonymous said...

Singaporeans who speak out openly in public against the government, the ruling party, the prominent companies directors or the powerful persons in society are thought to be discriminated against in their normal activities such as job application or in their businesses.

THIS CANNOT BE MORE RIDICULOUS!!!

I will be proof that this is not true. And if it is true, I WILL overturn it.

Francis Chua, Singapore

Anonymous said...

Human Resource directors in Singapore government, companies and other hiring organizations MUST stop all forms of discrimination, prejudices and bias in hiring practices immediately.

Francis Chua, Singapore

Anonymous said...

They are encouraging retirees to postpone their withdrawals, putting more money into their minimum sum/retirement accounts, so if that doesn't work, don't rule out their raising the withdrawal age further if the CPF money is stuck somewhere in their long term investment plans?

Matilah_Singapura said...

> The CPF is like a sacred cow. It is the people's hard earned money and must rightfully return to the people for their own benefit at the earliest possible time. <

Well, those who believe this myth deserve the 'reality check' they will get to experience as a result of their dumb choice.

Believing that 'CPF is my money' is like believing in goblins, fairies, gods, goddesses and demons. None of these exist, and neither does any semblance of 'ownership' in one's CPF.

CPF is nothing more than a Ponzi Scheme — invented by the PAP and made 'legal' well before Bernie Made-off came to fame.

I hope Temasek has lost the lot. Serves them right. I hope the GIC is bankrupt too. To me that would be a great end to 2008 and a great start to 2009 — in the name of JUSTICE.

Anonymous said...

Matilah_Singapura wrote:
>Believing that 'CPF is my money' is like believing in goblins, fairies, gods, goddesses and demons. None of these exist, and neither does any semblance of 'ownership' in one's CPF.

Yes, it is correct. I agree with this view. When money is put into CPF, the money is out of our hand.

Francis Chua, Singapore

Anonymous said...

I telephoned MediaCorp hotline Tel: 68222268 today to speak gently to the lady who picked up my call. I told her I am speaking against the discrimination, prejudice and bias in the PAP system, as can be seen by the extent of angry comments on Cyberspace. I also gave her 4 websites as examples: TOC, YourSDP, MySingaporeNews and YawningBread. She told me that she needed to answer another incoming call, and thus, had to end my call.
This also apply to SPH and PAP. My feeling after my visit to Cyberspace is that there are lots of shoutings and cries for help and understanding. I am doing my bit to contribute to the lives of Singaporeans.

Francis Chua, Singapore

Anonymous said...

This were my comments on TOC:

22) Andrew Loh on December 28th, 2008 2.08 am
Francis Chua,

I am sorry but I do not agree with what you said.

I think one should learn to express oneself without resorting to expletives or vulgarities.

Andrew Loh

23) Francis Chua on Your comment is awaiting moderation.
December 28th, 2008 2.10 am

Albert Einstein said that it is a miracle that curiosity survives formal education. I think he is correct in his observation. Often, in the regimentation of the formal educational process, paradoxically, curiosity which is where knowledge arise, gets drown out. Maybe, formal ‘education’ should be relabel as formal ‘indoctrination’ instead.

24) Francis Chua on Your comment is awaiting moderation.
December 28th, 2008 2.29 am

>I am sorry but I do not agree with what you said.

>I think one should learn to express oneself without resorting to expletives or vulgarities

I can say with certainty that your ‘disagreement’ show up your lack of life experience.

That is why I say you guys and gals need to grow up. That is why I say you please ‘learn’ to read the context or situation when the expletive/s is expressed. You and I need to learn from them just as much as they need to learn from us. Going by your reply, I do not think you are in a position to disagree. That is because your reply show that you do not understand what I wrote. Please be humble to say you do not understand, instead of you do not agree.

I suggest you give away all your possessions, renunciate your good life and experience the frustration of homelessness and the lack of material comfort for a change. Maybe, that will help you to increase your empathy.

This is partly why Singapore is so sickening to live in, with so many ignorant idiots around, especially those in ‘high’ places.

25) Francis Chua on Your comment is awaiting moderation.
December 28th, 2008 2.47 am

How about I say, I think one should learn to express oneself in formal English without resorting to pidgin English? How about I say, please do not use pidgin English, comments which contain such pidgin English will not be allowed. Thanks? I am not talking about political correctness, I am pointing out your lack of life experience and you are “taking to the streets”. I am also pointing out your prejudice that is all too obvious to others except yourself.

Please have the humility to thank me for pointing that out to you.

It is infuriating. This go to show some quarters of our society are living in illusions. This also go to show that the Lee Kuan Yew system do not work at all, and probably cannot work at all.

26) Francis Chua on December 28th, 2008 2.57 am
This is also proof that Singapore is non-meritocratic, despite the official claims that Singapore is meritocratic. The ignorant idiots are at the top, in the universities, doing the directions, while the talented and knowledgeble are not. This show up the prejudices in Singapore against those without the benefit of the ‘paper’ qualifications. I PROTEST!!!

27) Francis Chua on December 28th, 2008 3.17 am Just how many in Singapore have the ability to express their unhappiness the way the educated hypocrites do, that is why some of them express it in expletives. See the point? At least there is honesty in the expression of expletives when one vocabulary fails them. What a freaking rotten society!

Anyway, time to dismantle the Lee Kuan Yew elitist system, it is proving to be an idiotic system that is an embarrassment as well as a danger to the general public.

28) Francis Chua on Your comment is awaiting moderation.
December 28th, 2008 4.21 am

Please take offense when I call you educated hypocrites, it is good for you. Please direct your anger at the formal schools as well as the freaking idiotic politicians for what they are doing to your naturally curious mind.

33) Francis Chua on Your comment is awaiting moderation.
December 28th, 2008 8.42 pm

>I am sorry but I do not agree with what you said.

My reply to the above were simply deleted. This show up the extent of bullying in Cyberspace. This is a website that talked about human rights.

34) Francis Chua on Your comment is awaiting moderation.
December 28th, 2008 8.45 pm

I discovered this message “Your comment is awaiting moderation”.

--------------

http://theonlinecitizen.com/2008/12/toc-takes-to-the-streets-on-saturday/comment-page-1/#comment-42528


I discovered my messages were not displayed on their website.
I do not think it is a technical glitch.
TOC surely fail the test of freedom of expression in Singapore.
TOC wrote about human rights and freedom of speech
in Singapore. The impact of their activism were felt outside their
website on the ground.

Francis Chua, Singapore

Anonymous said...

Singapore is doomed for failure when both the official and unofficial media violate the rights to freedom of expression.

Francis Chua, Singapore

Anonymous said...

Author: Zefly (aka Joshua Chiang)
Comment:
aiyah. compromise la!

you can still say fark, sea bye, and lunch hour, just spell it differently lor. creative compromise is what a function democracy should be like!!!! SEA BYE!

----

The above comment were sent to my email account but was censored on TOC website. I cannot find the comment on the particular webpage. I feel that the above comment may be offensive to some, but there is no good reason to censor it. The author is not scolding anyone but is trying to make a point. See my point of trying to understand the context or situation of the expression?

How can TOC criticise the official media for violation of freedom of expression and yet violate freedom of expression themselves? If this is not hypocrisy, I do not know what it is. Or is it suppose to be a one-way street? By the way, my criticism also apply to the ruling party PAP, for the sake of fairness.

Francis Chua, Singapore

redbean said...

hi francis,

i too swear once in a while with vulgarities as an extreme form of expressing disgust and contempt. but i use it sparingly. i am also mindful that there are children reading the blog. some parents too will squirm at the profuse used of vulgarities. we want to share our views to as many people as possible and not to chase them away.

the other point is that when used too often, it loses its effect.

selective use of them can totally transform the mood and intent of the post.

use it when it helps to convey a message but not just as a habit or style of expression.

cheers.

Anonymous said...

Redbean lest you get swarmed with all the weird postings, i suggest you considers moderating your forum as well. my regards to you.

redbean said...

i trust the bloggers here are well educated and well informed people and will not abuse themselves by wild postings. so far they have posted reasonably well.

and this trend of reasonableness is also seen in TOC. all bloggers and forumers should set a standard for themselves and cyberspace to compete with TOM as a provider of respectable news or views. if we lose that and start to post incomprehensible or irrationable views, we will lose our credibility and no one will be bothered to read our posts.

stay focus, guys and gals. we must speak with a purpose and not be distracted into over exaggerations or distortion of information.

there is a new year ahead for us to do more.

cheers.

Anonymous said...

http://groups.google.com/
group/soc.culture.singapore/
browse_thread/thread/
a8ec42d13250bc7a#

Freedom is best.

Hello,

I have put my thoughts on various forums in Cyberspace. I find those
that are without moderation or censorship to be the best forums, such as this one. Those that are with moderation or censorship tend to only present a partial picture of the situation.

Regards,
Francis Chua

----

I wrote the above in soc.culture.singapore which is unmoderated.

Anonymous wrote:
>Redbean lest you get swarmed with >all the weird postings, i suggest >you considers moderating your >forum as well. my regards to you.

Redbean replied:
>i trust the bloggers here are >well educated and well informed >people and will not abuse >themselves by wild postings. so >far they have posted reasonably >well.

It is impressive that Redbean took a mature approach. Happy New Year!

Francis Chua, Singapore

Anonymous said...

I can see that TOM in Singapore is improving.

Anonymous said...

What this goes to show is that the standands of freedom do not drop from the sky, it still need human beings to ensure that the standards are adhere to.

redbean said...

true, we can assume that people are reasonable and proceed from there. we can also assume that people are unreasonable and proceed from there.

along the way we make the tweaking if necessary.

i have said in the past, every forum or blog has its own character and will attract its own type of forumers. some like kopitiam, some like wine bars, some like hawker centre, some like restaurants. we will find our own niche and our own kind of forumers.

thanks everyone.

Anonymous said...

RedBean,that is a great article.

The good news of course is that the investment made by PAP thro' GIC,TMK,etc,so long as the companies stay afloat,then the money can be recovered within 10,20,50 or even up to 100 years.

But not so this time round as we witnessed some prominent global banks went into Chaper 11,not to forget the $500 million disappeared in MicroPolis and now the S$400 million vanished with one milkman turned billionaire child care operator down under in Australia.

I agree with you that the government needs to be transparent this time round and let the people know about the true situation about their money.

But do not count on it,as I believe that the stone was casted when PAP town councils informed their voters that it is totally uselss for them to know about details,they should just be happy so long as the investment is making a return-ha,the benchmark given-higher than bank deposit rate.

So far the clearest indication given by PM Lee last month was that in the last 20 years,they returned an average of 4% p.a.not tool bad,according to PM LHL.

But of course he did not tell us what was the cut off rate of this 4% figure,as we all know,the figure in Sep 2008 and Nov 2008 are a world of difference.

How about Mr Sheldon,boss man of LV Sands,who dropped within the last 10 months from a personal wealth of US$35 Billion to a mere US$600-800 million,depending on the trading price of LV Sands,US$4 -US$6 per share.

The peak during the year was US$178 per share,and hence the difference.

My personal calculation based on all PAP investment info given in reports is that the paper loss so far-about S$150-S$200 billion as Spore was the biggest punter in the global equity market during the last few years.

redbean said...

i don't think they put everything in one basket or it is going to be real bad. remember, the money are managed by professionals and they are expected to diversify and cut loses.

but should anyone be crazy enough to sink in for the long term, then we are in for a tough time.

Anonymous said...

That is why,PAP should come clean,but they dont.

The statement by MP Teo more or less sum up PAP's attitude,so long as we still make money,do not ask.

But what if they go the way of Mr Sheldon?Impossible,well,remember,Mr Sheldon is a real man of fire,fr nothing to US$35 billion.

My bet is that PAP so far refuses to face the music,as it ios just not possible for PAP under LKY to admit that they did make mistake.

Good day

redbean said...

let's wait for the financial report. we are only guessing and speculating. for all you know, they could have liquidated the big part of their investments and holding cash. now that would be great.

Anonymous said...

I dont think there will be detailed financial report on PAP investment,the most they would tell is how many % return we managed to achieve for the year.Which was given by PM Lee as 4% for 20 years till this year.

The return is one thing,as you can do a fire sales of profitable companies to account for extra ordinary profit,examples are SFI sold to SATS,at S$500 million and the sales of power station to YTL.

The major invetsment were in global banks,which must still be in the book as it is international news,UBS,Citibank,etc,and Spore is still substantial holder in all these banks.

So long as they keep the book at purchase prices,say Citibank at US$33 per share,now a few dollars,we still would not know,and do not bet that PAP would tell us.

Anyway,we shall see,and it is our hope that the ever green magician would play his tricks again.

Cheers

Anonymous said...

Sometimes, I wonder why I bother fighting so hard for the little guy. Whats the point if they are too stupid to listen? Say that reminds me.

Amazing. The worst economic and cultural crisis of all time will go down in history horribly misunderstood. What a pathetic bunch of ignorant fools we have become. Consumer junkie credit card morons. Perfect little victims.

Don’t believe one optimistic word from any public figure about the economy or humanity in general. They are all part of the problem. Its like a game of Monopoly. In America, the richest 1% now hold ALMOST 1/2 OF ALL UNITED STATES WEALTH. Unlike ‘lesser’ estimates, this includes all stocks, bonds, cash, offshore accounts, and material assets held by America’s richest 1%. Even that filthy pig Oprah acknowledged that it was at about 50% in 2006. Naturally, she put her own ‘humanitarian’ spin on it. Calling attention to her own ‘good will’. WHAT A DISGUSTING HYPOCRITE SLOB. THE RICHEST ONE PERCENT HAVE LITERALLY MADE WORLD PROSPERITY ABSOLUTELY IMPOSSIBLE. Don’t fall for any of their ‘humanitarian’ CRAP. ITS A SHAM. THESE PEOPLE ARE CAUSING THE SAME PROBLEMS THEY PRETEND TO CARE ABOUT. Ask any professor of economics. Money does not grow on trees. The government can’t just print up more on a whim. There are serious concequences for doing so. Regardless, there is always a relative limit to the wealth within ANY economy of ANY size. So when too much wealth accumulates at the top, the currency looses value, the middle class slip further into debt and the lower class further into poverty. A similar rule applies worldwide. The world’s richest 1% now own over 40% of ALL WORLD WEALTH. This is EVEN AFTER you account for all of this ‘good will’ ‘humanitarian’ BS from celebrities and executives. ITS A SHAM. As they get richer and richer, less wealth is left circulating beneath them. This is the single greatest underlying cause for the current US recession. The middle class can no longer afford to sustain their share of the economy. Their wealth has been gradually transfered to the richest 1%. One way or another, we suffer because of their incredible greed. We are talking about TRILLIONS of dollars which have been transfered FROM US TO THEM. All over a period of about 27 years. Thats Reaganomics for you. The wealth does not ‘trickle down’ as we were told it would. It just accumulates at the top. Shrinking the middle class and expanding the lower class. Causing a domino effect of socio-economic problems. But the rich will never stop. They just keep getting richer. Leaving even less of the pie for the other 99% of us to share. At the same time, they throw back a few tax deductible crumbs and call themselves ‘humanitarians’. Cashing in on the PR and getting even richer the following year. IT CAN’T WORK THIS WAY. Their bogus efforts to make the world a better place can not possibly succeed. Any ‘humanitarian’ progress made in one area will be lost in another. EVERY SINGLE TIME. IT ABSOLUTELY CAN NOT WORK THIS WAY. This is going to end just like a game of Monopoly. The current US recession will drag on for years and lead into the worst US depression of all time. The richest 1% will live like royalty while the rest of us fight over jobs, food, and gasoline. So don’t fall for any of this PR CRAP from Hollywood, Pro Sports, and Wall Street PIGS. ITS A SHAM. Remember: They are filthy rich EVEN AFTER their tax deductible contributions. Greedy pigs. Now, we are headed for the worst economic and cultural crisis of all time. Crime, poverty, and suicide will skyrocket. SEND A “THANK YOU” NOTE TO YOUR FAVORITE MILLIONAIRE. ITS THEIR FAULT. I’m not discounting other factors like China, sub-prime, or gas prices. But all of those factors combined still pale in comparison to that HUGE transfer of wealth to the rich. Anyway, those other factors are all related and further aggrivated because of GREED. If it weren’t for the OBSCENE distribution of wealth within our country, there never would have been such a market for sub-prime to begin with. IF IT WEREN’T FOR THE OBSCENE, UNREASONABLE, AND UNJUST DISTRIBUTION OF UNITED STATES WEALTH, THERE NEVER WOULD HAVE BEEN SUCH A MARKET FOR SUB-PRIME AND THERE NEVER WOULD HAVE BEEN A COLLAPSE IN THE HOUSING MARKET. Sub-prime did not cause the problem. It only accelerated the outcome. Which by the way, was another trick whipped up by greedy bankers and executives. IT MAKES THEM RICHER. The credit industry has been ENDORSED by people like Oprah Winfrey, Ellen DeGeneres, Dr Phil, and many other celebrities. IT MAKES THEM RICHER. In fact, they specifically endorsed Countrywide by name. The same Countrywide widely responsible for predatory adjustable rate sub-prime lending and the accelerated collapse of the housing market. ENDORSED BY OPRAH WINFREY, ELLEN DEGENERES, AND DR PHIL. Now, there are commercial ties between nearly every industry and every public figure. IT MAKES THEM RICHER. It also drives up the cost for nearly every product and service on the market. So don’t fall for their ‘good will’ BS. ITS A LIE. If you fall for it, then you’re a fool. If you see any real difference between the moral character of a celebrity, politician, attorney, or executive, then you’re a fool. No offense fellow citizens. But we have been mislead by nearly every public figure. We still are. Even now, they claim to be ‘hurting’ right along with the rest of us. As if gas prices actually effect the lifestyle of a millionaire. ITS A LIE. IN 2007, THE RICHEST 1% INCREASED THEIR AVERAGE BOTTOM LINE WEALTH AGAIN. On average, they are now worth over $4,000,000 each. Thats an all time high. As a group, they are now worth well over $17,000,000,000,000. THATS WELL OVER SEVENTEEN TRILLION DOLLARS. Another all time high. Which by the way, is much more than the entire middle and lower classes combined. Also more than enough to pay off our national debt, fund the Iraq war for a decade, repair our infrastructure, and bail out the US housing market. Still think that our biggest problem is China? Think again. Its the 1% club. That means every big name celebrity, athlete, executive, entrepreneur, developer, banker, and lottery winner. Along with many attorneys, doctors, and politicians. If they are rich, then they are part of the problem. Their incredible wealth was not ‘created’, ‘generated’, grown in their back yard, or printed up on their command. It was transfered FROM US TO THEM. Directly and indirectly. Its become near impossible to spend a dollar without making some greedy pig even richer. Don’t be fooled by the occasional loss of a millionaire’s fortune. Overall, they just keep getting richer. They absolutely will not stop. Still, they have the nerve to pretend as if they care about ordinary people. ITS A LIE. NOTHING BUT CALCULATED PR CRAP. WAKE UP PEOPLE. THEIR GOAL IS TO WIN THE GAME. The 1% club will always say or do whatever it takes to get as rich as possible. Without the slightest regard for anything or anyone but themselves. Reaganomics. Their idea. Loans from China. Their idea. NAFTA. Their idea. Outsourcing. Their idea. Sub-prime. Their idea. High energy prices. Their idea. Oil ‘futures’. Their idea. Obscene health care charges. Their idea. The commercial lobbyist. Their idea. The multi-million dollar lawsuit. Their idea. The multi-million dollar endorsement deal. Their idea. $200 cell phone bills. Their idea. $200 basketball shoes. Their idea. $30 late fees. Their idea. $30 NSF fees. Their idea. $20 DVDs. Their idea. Subliminal advertising. Their idea. Brainwash plots on TV. Their idea. Vioxx, and Celebrex. Their idea. Excessive medical testing. Their idea. The MASSIVE campaign to turn every American into a brainwashed, credit card, pharmaceutical, medical testing, love-sick, celebrity junkie. Their idea. All of the above drive up the cost of living, shrink the middle class, concentrate the world’s wealth and resources, create a domino effect of socio-economic problems, and wreak havok on society. All of which have been CREATED AND ENDORSED by celebrities, athletes, executives, entrepreneurs, attorneys, and politicians. IT MAKES THEM RICHER. So don’t fall for any of their ‘good will’ ‘humanitarian’ BS. ITS A SHAM. NOTHING BUT TAX DEDUCTIBLE PR CRAP. In many cases, the ‘charitable’ contribution is almost entirely offset. Not to mention the opportunity to plug their name, image, product, and ‘good will’ all at once. Which is usually done just before or after the release of their latest commercial project. IT MAKES THEM RICHER. These filthy pigs even have the nerve to throw a fit and spin up a misleading defense with regard to ‘federal tax revenue’. ITS A SHAM. THEY SCREWED UP THE EQUATION TO BEGIN WITH. If the middle and lower classes had a greater share of the pie, they could easily cover a greater share of the federal tax revenue. They are held down in many ways because of greed. Wages remain stagnant for millions because the executives, celebrities, athletes, attorneys, and entrepreneurs, are paid millions. They over-sell, over-charge, under-pay, outsource, cut jobs, and benefits to increase their bottom line. As their profits rise, so do the stock values. Which are owned primarily by the richest 5%. As more United States wealth rises to the top, the middle and lower classes inevitably suffer. This reduces the potential tax reveue drawn from those brackets. At the same time, it wreaks havok on middle and lower class communities and increases the need for financial aid. Not to mention the spike in crime because of it. There is a domino effect to consider. IT CAN’T WORK THIS WAY. But our leaders refuse to acknowledge this. Instead they come up with one trick after another to milk the system and screw the majority. These decisions are heavily influensed by the 1% club. Every year, billions of federal tax dollars are diverted behind the scenes back to the rich and their respective industries. Loans from China have been necessary to compensate in part, for the red ink and multi-trillion dollar transfer of wealth to the rich. At the same time, the feds have been pushing more financial burden onto the states who push them lower onto the cities. Again, the hardship is felt more by the majority and less by the 1% club. The rich prefer to live in exclusive areas or upper class communities. They get the best of everything. Reliable city services, new schools, freshly paved roads, upscale parks, ect. The middle and lower class communities get little or nothing without a local tax increase. Which, they usually can’t afford. So the red ink flows followed by service cuts and lay-offs. All because of the OBSCENE distribution of bottom line wealth in this country. Anyway, when you account for all federal, state, and local taxes, the middle class actually pay about the same rate as the rich. The devil is in the details. So when people forgive the rich for their incredible greed and then praise them for paying a greater share of the FEDERAL income taxes, its like nails on a chalk board. I can not accept any theory that our economy would suffer in any way with a more reasonable distribution of wealth. Afterall, it was more reasonable 30 years ago. Before Reaganomics came along. Before GREED became such an epidemic. Before we had an army of over-paid executives, bankers, celebrities, athletes, attorneys, doctors, investors, entrepreneurs, developers, and sold-out politicians to kiss their asses. As a nation, we were in much better shape. Strong middle class, free and clear assets, lower crime rate, more widespread prosperity, stable job market, lower deficit, ect. Our economy as a whole was much more stable and prosperous for the majority. WITHOUT LOANS FROM CHINA. Now, we have a more obscene distribution of bottom line wealth than ever before. We have a sold-out government, crumbling infrastructure, energy crisis, home forclosure epidemic, credit crunch, weak US dollar, 13 figure national deficit, and 12 figure annual shortfall. The cost of living is higher than ever before. Most people can’t even afford basic health care. ALL BECAUSE OF GREED. I really don’t blame the upper class in general. No economy could ever function without some reasonable scale of personal wealth and income. But it can’t be allowed to run wild like a mad dog. ALBERT EINSTEIN TRIED TO MAKE PEOPLE UNDERSTAND. UNBRIDLED CAPITALISM ABSOLUTELY CAN NOT WORK. TOP HEAVY ECONOMIES ALWAYS COLLAPSE. Bottom line: The richest 1% will soon tank the largest economy in the world. It will be like nothing we’ve ever seen before. The American dream will be shattered. and thats just the beginning. Greed will eventually tank every major economy in the world. Causing millions to suffer and die. Oprah, Angelina, Brad, Bono, and Bill are not part of the solution. They are part of the problem. THERE IS NO SUCH THING AS A MULTI-MILLIONAIRE HUMANITARIAN. EXTREME WEALTH MAKES WORLD PROSPERITY ABSOLUTELY IMPOSSIBLE. WITHOUT WORLD PROSPERITY, THERE WILL NEVER BE WORLD PEACE OR ANYTHING EVEN CLOSE. GREED KILLS. IT WILL BE OUR DOWNFALL. Of course, the rich will throw a fit and call me a madman. Of course, they will jump to small minded conclusions about ‘jealousy’, ‘envy’, or ’socialism’. Of course, their ignorant fans will do the same. You have to expect that. But I speak the truth. If you don’t believe me, then copy this entry and run it by any professor of economics or socio-economics. Then tell a friend. Call the local radio station. Re-post this entry or put it in your own words. Be one of the first to predict the worst economic and cultural crisis of all time and explain its cause. WE ARE IN BIG TROUBLE.

So what can we do about it? Well, not much. Unfortunately, we are stuck on a runaway train. The problem has gone unchecked for too many years. The US/global depression is comming thanks to the 1% club. It would take a massive effort by the vast majority to prevent it. Along with a voluntary sacrifice by the rich. THATS NOT GOING TO HAPPEN. But if you believe in miracles, then spend your money as wisely as possible. Especially in middle and lower class communities. Check the Fortune 500 list and limit your support of high profit/low labor industries (Hollywood, pro sports, energy, credit, pharmaceutical, cable, satelite, internet advertising, video, and music, cell phone, high fashion, jewelry, ect.). Cancel all but one credit card for emergencies only. Call the provider and demand a lower rate. Be persistent. You may get it. If you need a cell phone, then do your homework and find the best deal on a local pre-pay. If you want home internet access, then use the least expensive provider, and share accounts whenever possible. If you need to search, then use the less popular search engines. They usually produce the same results anyway. Don’t click on any internet ad. If you need the product or service, then look up the phone number or address and contact that business directly. Don’t pay to see any blockbuster movie. Instead, wait a few months and rent the DVD from a local store or buy it USED. Then loan it to a friend or family member. If you prefer the outing, then choose a film produced by the lesser known studeos with lower paid actors. If you want to see a big name game or event, then watch it in a local bar, club, or at home on network TV. Don’t buy any high end official merchendise and don’t support the high end sponsors. If its endorsed by a big name celebrity, then don’t buy it. If you can afford a new car, then make an exception for GM, Ford, and Dodge. If they don’t increase their market share soon, then a lot more people are going to get screwed out of their pensions and/or benefits. Of course, you must know by now to avoid those big trucks and SUVs unless you truly need one for its intended purpose. Don’t be ashamed to buy a foreign car if you prefer it. Afterall, those with the most fuel efficient vehicles consume a lot less foreign oil. Which accounts for a pretty big chunk of our trade deficit. Anyway, the global economy is worth supporting to some extent. Its the obscene profit margins, trade deficits, and BS from OPEC that get us into trouble. Otherwise, the global economy would be a good thing for everyone. Just keep in mind that the big 3 are struggling and they do produce a few smaller reliable cars. Don’t frequent any high end department store or any business in a newly developed upper class community. By doing so, you make developers richer and draw support away from industrial areas and away from the middle class communities. Instead, support the local retailer and the less popular shopping centers. Especially in lower or middle class communities. If you can afford to buy a home, then do so. But go smaller and less expensive. Don’t get yourself in too deep and don’t buy into the newly developed condos or gated communities. Instead, find a modest home in a building or neighborhood at least 20 years old. If you live in one of the poorer states, then try to support its economy first and foremost. Be on the lookout for commercial brainwash plots on TV. They are written into nearly every scene of nearly every show. Most cater to network sponsors and parent companies. Especially commercial health care. In particular, high profit pharmaceuticals and excessive medical testing. DON'T FALL FOR IT. Get off the couch and take care of your own body the way nature intended. If you must see a doctor then DEMAND that he/she give you more than 5 minutes of their undivided attention. Otherwise, dispute their unreasonable charges. If they prescribe a pharmaceutical, then ask for a generic. Better yet, concider a change in lifestyle or simple tolerance. If you must drug away your sniffles, aches, and pains, then at least do your homework. Be aware of the possible side-effects ahead of time. Don't be surprised to find yourself back a week or two later feeling worse. If you are diagnosed with another medical condition, then ask your doctor what he/she has done to rule out those possible side-effects. Otherwise, dispute their charges. Do so regardless of your coverage. Don't force your employer to cover the obscene and often fraudulent charges of a corrupt health care industry. Keep your guard up when watching ANY talk show. These people are not your friends. They are paid actors hired for their ability to plug network sponsors, coorporate partners, and parent companies. Nearly every segment is about marketing some over-priced product or service. Big business is fine on occasion depending on their ethics, profit margins, and profit sharing. Do your homework. If you want to support any legitimate charity, then do so directly. Never support any celebrity foundation. They spend most of their funding on PR campaigns, exotic travel, and high end accomodations for themselves. Thats right. Filthy rich public figures have been jet-setting the world in the name of 'humanity' for years. Riding in personal jets, staying in super-exclusive resorts, and living it up in exotic locations around the world the likes of which most people could never afford even if their lives depended on it. They bring along agents, advisors, publicists, hair, make-up, wardrobe, lighting, and photo crews who are also in it for themselves. They are paid six figures for their ability to schedule, manage, document, showcase, praise, and publicize the 'good will' of said public figures and their respective industries. Every possible expense is passed of as 'incidental' or 'necessary' and billed right back to some 'foundation' named after said public figure and/or respective industry. Every possible tax deduction is claimed. Which are incredibly vague and diverse thanks to our sold-out government. Deals are cut with major networks who agree to praise the 'humanitarian' effort of said public figures and plug their latest commercial project. Others from around the world pick up the story and save these industries billions in advertising every year. Resulting in higher profits and paychecks for the 1% club. When its all said and done more wealth is transfered from poor to rich. NOT the other way around. So don't support any charity named after a living celebrity. Don't be fooled by any affiliation or inspired by any short term short sighted progress report. Instead, go to Charitywatch.org and look up a top rated charity to support your favorite cause. Its all there. For example: 'Habitat For Humanity' is a top rated charity. They operate with a low overhead, volunteer workforce, and donated materials. They have built homes for the less fortunate in nearly every city nationwide. Including New Orleans. They do so as we speak. No similar effort can match their progress hour for hour or dollar for dollar. So there is no legitimate reason to support a slower, less efficient effort represented by a filthy rich Hollywood actor who flies in on a personal jet, takes most of the credit, and makes a deal with a major network just days before the premier of his latest film or DVD release. By doing so, you support not only the effort, but also the filthy rich actor. Concentrating more wealth and dumbing down our society further in the process. Instead, support 'Habitat For Humanity'. Its not perfect. It is affiliated with some big business. However, it is MUCH more efficient, effective, and less corrupt than 'Make It Right'. The difference is profound. In general, support the little guy as much as possible and the big guy as little as possible. Do your part to reverse the transfer of wealth away from the rich and back to the middle and lower classes. Unfortunately, there is no perfect answer. Jobs will be lost either way. Innocent children will starve and die either way. But we need to support the largest group of workers with the most reasonable profit margins. We also need to support LEGITIMATE charities (Check that list at Charitywatch.org). This is our only chance to limit the severity and/or duration of the comming US/global depression. In the meantime, don’t listen to Bernanke, Paulson, Bartiromo, Orman, Dobbs, Kramer, OReiley, or any other public figure with regard to the economy. They are all plenty smart but I swear to you that they will lie right through their rotten teeth. IT MAKES THEM RICHER. These people work for big business. The ‘experts’ they cite also work for big business. They are all motivated by their desire to accumulate more wealth. THEY WILL LIE RIGHT THROUGH THEIR ROTTEN TEETH. So don’t fall for their tricks. Instead, look at the big picture. The economic problems we face have been mounting for well over 20 years. All of them caused or aggrivated by a constant transfer of wealth from poor to rich. Soon, it will cause the first ever GLOBAL DEPRESSION. Its not brain surgery. Its simple math. Like I said, you are welcome to copy this entry and run it by any professor of economics or socio-economics. If thats not good enough, then look up what Albert Einstein had to say about greed, excess, extreme wealth, unbridled capitalism, and its horrible concequences. I speak the truth. GREED KILLS. IT WILL BE OUR DOWNFALL.

Its already underway. A massive campaign to divert our attention. Trump, Buffet, OReiley, Dobbs, Pickens, Norris, and several other well known filthy rich public figures have been running their mouths about the economy. Finally admitting a hint of severity after almost 2 years of denial. They even have the nerve to acknowledge the possibility of a US/global depression. Still, they refuse to acknowledge the single greatest underlying cause. Instead, they focus on policies, procedures, and circumstances that were born FROM the underlying cause. Dancing their way around the big picture. DON'T FALL FOR IT. Remember: Our national debt was way up BEFORE sub-prime. Consumer debt was way up BEFORE sub-prime. The cost of living was up BEFORE sub-prime. Wall Street profits were obscene BEFORE sub-prime. The middle class were loosing free and clear assets BEFORE sub-prime. Our infrastructure was in bad shape BEFORE sub-prime. Loans from China were taken out BEFORE sub-prime. The dollar was loosing value BEFORE sub-prime. So don’t let these cowardly filthy rich public figures divert your attention or limit your range of thought. THE CURRENT ECONOMIC CRISIS WAS NOT CAUSED BY A SINGLE POLICY OR PROCEDURE. IT WAS CAUSED PRIMARILY BY A MASSIVE TRANSFER OF WEALTH FROM POOR TO RICH. THIS ALSO REPRESENTS A MASSIVE CONCENTRATION OF CAPITAL WORLDWIDE. OTHERWISE, THERE WOULD NOT HAVE BEEN SUCH A MARKET FOR SUB-PRIME AND THERE WOULD NOT HAVE BEEN A GLOBAL CREDIT CRUNCH. MONEY DOES NOT GROW ON TREES AND IT DOES NOT JUST FLOAT AWAY. IT ONLY TRANSFERS FROM ONE PARTY TO ANOTHER. ALBERT EINSTEIN TRIED TO MAKE PEOPLE UNDERSTAND. GREED KILLS. IT WILL BE OUR DOWNFALL.

A word for those who respond with the usual ‘I know more than you. I spell better than you. I talk like an economist. Look how smart, knowledgable, and articulate I am’ crap. Let me say this in advance. I don’t claim to be an expert in this field. But I did go on record with these predictions long before any public figure uttered the word ‘recession’. I've done so 'on the air' and 'online'. Millions of you already know my voice. My first call was in September of '05'. I tried to explain that we will never have world peace without world prosperity and that we will never have world prosperity without a 'fair and reasonable pay-scale'. I also tried to explain the link between 'extreme wealth' and 'extreme poverty'. My call was immediately followed by attacks from so called 'patriots' who felt that my cause must have been to promote 'socialism' or 'bring down America'. Not warn her citizens. You may also remember me from chat rooms criticizing the 1% club and Hollywood humanitarians in particular. If you search long enough, you will find my early postings online from ‘05' and ‘06'. At first, they were written specifically to fit within a few hundred characters. Including the first draft of this rant. It started with one short paragraph predicting a 'total collapse of the US economy'. Others included phrases like 'game of Monopoly', 'recession is inevitable', 'global recession', and 'the worst economic and cultural crisis of all time'. Some of which were eventually included here. From day 1, I have tried to explain the link between extreme wealth, poverty, and economic instability. My internet account was eventually cancelled for posting 'spam' in response to articles about the economy. In December of '06', I predicted market instability by spring of the following year. I did so 'on the air'. In January of '07', I called another morning talk show and spoke with a guest host who was filling in for a well known public figure. Again, I specifically predicted market instability, the current US recession, and the subsequent US/global depression.Which by the way, will be the worst of all time by far. In February of '07', Allen Greenspan acknowledged a 'one in three' chance of a US recession. I immediately called another talk radio show and guranteed AGAIN that it was iminent. I criticized Greenspan and tried to explain that it was not about 'odds' but instead a very simple equation with regard to distribution of income and wealth. I also gave credit to Albert Einstein who went on record in much greater detail with similar views in 1949. As far as I know, he was the first to do so. By late spring of '07', the market was rattled and the economic 'stimulus' in the works. Which turned out to be around $160,000,000,000. THATS ONE HUNDRED AND SIXTY BILLION DOLLARS. Well over 1% of our GDP. Deemed appropriate at the time by our leaders. In fact, Bush went on record with a claim that it was based on a mathematical formula and proven strategy. I immediately predicted that it would have little or no effect. By summer of '07' the stock market was more unstable. The housing market in decline. Again, I predicted that it would get MUCH worse. In September of '07', I predicted that our government would have no choice but to acknowledge a US recession by October of '08'. I also assured the audiance that our economy would "go down in a ball of flames" because of greed and that no recovery would EVER take place without a more reasonable distribution of wealth and resources. I have made these predictions 'on air' and 'online' literally hundreds of times. The first call was in September of '05'. Made to a well known public figure with a large audiance. The first post a month or so later. This particular rant began with one short paragraph in '06' and has been updated many times and re-posted well over a thousand. By myself and others who feel the same way. There has also been a running debate on iVillage.com which began in October of '07' (don't click on their ads). In March of '08', I refered specifically to the bank failures of the Great Depression and predicted that it was about to happen again. I also predicted that our markets would end the year much lower than they began. I was allowed to post but when my predictions came true, the site operators went back and deleted nearly every one of my previous entries. Their motive was obvious. They wanted to 'erase' my credibility. IVillage.com is directly affiliated with NBC, GE, Universal Studeos, Countrywide, CityBank, Capital One, Oprah Winfrey, Angelina Jolie, Brad Pitt, Ellen Degeneres, Dr Phil, and others who I persecute by name. All of which depend on the constant dumbing down of society. All of whom are partially responsible for the current economic crisis. For 3 solid years, I have been ripping on the 1% club for their incredible greed and hypocrisy. From day 1, my call has been for a more reasonable distribution of wealth and resources. My warning that without it, we would face the worst economic and cultural crisis of all time. Since then, I’ve gone on record against people like Greenspan, Bernanke, Paulson, O'Reiley, Bartiromo, Orman, Kramer, Larson, and Dobbs. So far, my predictions have been accurate. Again, I don't claim to be an expert in this field. But I do understand simple equations, basic economics, and cultural trends. I also realize that mainstream views are DEAD WRONG and based on LIES told by filthy rich public figures who will say whatever it takes to serve their own interests. GREED. Its not their knowledge I question. Its their character. GREED. Like I said. This is not brain surgery. For the mostpart, its simple math. When you concentrate the world’s wealth, you also concentrate its capital, and shrink the middle class along with the potential market for every major industry. Homes go unsold. Bills go unpaid. Jobs are lost. Banks fail. More products go unsold. More jobs are lost. More banks fail. and so on. and so on. and so on. It happened 80 years ago. It will happen again. This time on a catastrophic global scale. Throughout the cycle, the rich will panic and tighten their grip. Concentrating the world’s wealth and resources even further, getting richer in the process, and ensuring the collapse of every major economy worldwide. Think it can’t happen? Think again. GREED KILLS. IT WILL BE OUR DOWNFALL.

Another thing. I don’t want credit for any of this. Otherwise, I would have given my full name a long time ago. As far as I’m concerned, you can put this rant in your own words and take credit for all of it. I don’t care. Just spread the word. Otherwise, the greatest injustice of all time will go down in history unchecked.

By the way. The bailout won’t work. IT WON’T WORK. The plan fails to address the fundamental problem. The middle class don’t need more credit. They need a reasonable share of the economic pie. They also need a lower cost of living and a chance to catch their breath. They need a break from all of the psychological marketing tricks and mass market BS. Most of all, they need to wake up and see the truth. GREED KILLS. IT WILL BE OUR DOWNFALL.

10.01.08
To my surprise, two public figures have found the courage to acknowledge this problem to some degree. On 11.07.07 former presidential candidate Ron Paul mentioned the massive transfer of wealth from poor to rich. He also hinted at the possibility of economic collapse. He did so on 'Face the Nation'. He was blacklisted almost immediately for doing so. On 9.28.08 former secretary of labor Robert Reich refered to the obscene levels of income inequality as part of a "recipe for disaster". He mentioned the richest one percent in particular. He did so on 'Late Night With Conan O'Brien'. As far as I know, Albert Einstein was the first to explain the link between extreme wealth and economic instability. He did so in 1949. He explained how the first Great Depression was actually caused by a massive transfer of wealth from poor to rich. He predicted that it would happen again. He was right. Amazing. The prosperity of an entire world is about to be compromised. Almost entirely because of greed. IT WILL BE OUR DOWNFALL.

Another word about the Great Depression. It really was a perfect storm. First, there was unprecidented economic growth. There was a massive building spree. There was a growing sense of optimism. There was a growing obsession for celebrities. The average American became a pathetic, brainwshed, consumer junkie, moron. All of this represented a MASSIVE transfer of wealth from poor to rich. Executives, entrepreneurs, celebrities, and share holders. When the middle class ran low on money to spend UP, DOWN, and ACROSS, the rich did what they felt necessary to maintain their disgusting profit margins and ill-gotten obscene levels of wealth as long as possible. They cut jobs. The small business owners did what they felt necessary to survive. They cut jobs. The losses were felt primarily by the little guy. This created a domino effect. The middle class shrunk and the lower class expanded. With less wealth in active circulation, banks failed by the hundreds. More jobs were lost. Unemployment reached 25% in 1933. The worst year of the Great Depression. The recovery involved a World War and higher taxes on the rich. With so many men in the service, so many women on the production line, and those higher taxes to help pay for it, the lions share of United States wealth was gradually transfered back to the middle class. This redistribution of wealth continued until the late seventies. At the time, the richest 1% reaped about 10% of all private income and held about 20% of all United States wealth. Far less than previous levels. The middle class had home equity, free and clear assets, and money in the bank. The tide began to change. Jimmy Carter was blamed for a recession that was caused by a number of global circumstances including greed. Then a short sighted pig by the name of Arthor Laffer came along. He convinced Ronald Reagan to grant massive tax breaks to the rich and their respective industries. His half-baked theory was that by doing so, unprecidented levels of economic growth could be achieved. He was right. Unfortunately, he failed to see or acknowledge the big picture. That 'economic growth' and 'actual prosperity' are two different things. Jobs don't 'create' wealth. They only transfer it from one party to another. The devil is in the details. Reaganomics, gave the rich and their respective industries the incentive to 'expand' and 'create jobs'. But those products and services were over-priced and sold right back to the people. Often, without their knowledge, understanding, or consent. All of this resulted in higher profits for those at the top. So with Reaganomics, the transfer of wealth from poor to rich was kicked back into high gear. Here we are 27 years later. Another perfect storm. The big one. Not only have we become a nation of consumer junkie credit card morons. But we have also become fat, stupid, and programmed to live by drug and doctor. We spend most of our spare time on the couch getting brainwashed by public figures. Even worse, those public figures have re-defined our standard of 'good will'. Mother Teresa is dead. America's favorite 'humanitarian' is now a filthy rich multi-media pig who reaped a billion dollar fortune from the middle class by making damn sure they stay on that couch long enough to watch her show and read her magazine. Transforming them into pathetic, naive, love-sick fools who turn around and buy any product or service endorsed by their idol. In fact, every major industry has followed suit. Dumbing down our society and cashing in on bogus promises to make the world a better place. Amazing. EVERY big business, EVERY big celebrity, EVERY billionaire, and damn near every multi-millionaire on the planet have all taken up 'phylanthropy', or 'good will'. Those with the most money, also have the most power, and influense by far. They control every government, manage every major industry, and the lion's share of life sustaining resources. They literally rule our world. Still, every major problem of modern society gets worse by the day. The world's wealth is more concentrated than ever before. Her life sustaining resources are in high demand, more expensive than ever, and squandered by the rich on extravogant living. Meanwhile, families loose their homes, retirees loose their pensions, heroes loose their lives, crime is up, and red ink flows in nearly every community. The global economy is in a state of crisis. The prosperity of an entire world is about to be compromised. Still, those with the most power, money, and influense promise to make it all better. If only we continue to support them and buy any product or service with their name on it. IT IS A SHAM. GOOD WILL HAS BECOME BIG BUSINESS.

The point about our government printing up more money was that it can't be done "on a whim" and that there are serious concequences for doing so (weak dollar, higher gas prices, inflation). I never said that it can't be or hasn't been done at all. Afterall, those loans from china weren't infused in the form of Chinese currency. They were infused in the form of our own. Not given to the middle or lower classes but instead to the banks in the form of credit. Its done nothing but perpetuate the problem. It never has been and never will be the answer. Sorry if I wasn't explicit enough the first time. The original draft of this particular rant was written 2 years ago and intended to fit within 300 characters. Anyway, I'm no English major. So if any of you want to re-word this post, feel free to do so. Whatever it takes to make people understand.


11/05/08
A new president will be taking office soon. Backed up by a heavily democratic congress who have all campaigned on a promise to raise taxes on the rich. Unfortunately, this will be too little too late. Nowhere near enough to compensate for the incredible corruption of both major parties. Nowhere near enough to pay for the bailout. Nowhere near enough to stop that runaway train. There will be no change for the better. Obama's financial advisers are pigs. Warren Buffet is a pig. Oprah Winfrey is a pig. Obama himself is a multi-millionaire politician married to a multi-millionaire attorney. All of the above will use smoke and mirrors to divert our attention, and get richer in the process. Obama has already run the most expensive political campaign in history. Some of it squandered on a lobster feast for his wife. Whatever moral character they may have left, will be lost or heavily compromised while in office. Like the others, Obama's administration will succumb to the greatest epidemic ever faced by modern man. By far, the most intoxicating element of modern society. Greed. Simply the desire to get as rich as possible. It has the potential to blacken any heart. Break the will of any human being. Corrupt any society. Those who succumb to it are lost forever. You can not get through to these people. You can not make them understand. GREED KILLS. IT WILL BE OUR DOWNFALL.

Ford, GM, and Dodge are begging the current admistration for some type of 'bridge loan' in order to avoid bankruptcy. The unions are begging for it. The people are divided. All because of a LIE. Again, we have been mislead. I'm not disputing their need. Its legit. I'm disputing the underlying cause. Competition my ass. China my ass. Japan my ass. Those factors are real but not fatal. They are also concequential. Not primary. Again, its GREED and CORRUPTION. Not only that of the auto executives and celebrities who demand millions to endorse the product but also within the health care industry. Thats right. Health care. The average doctor is a millionaire several times over. The average health care executive many times over. Both on average, are members of the 1% club. AGAIN, ITS THEIR FAULT. If it weren't for the OBSCENE health care charges, brainwash plots, and artificially inflated market, then the financial burden placed on Ford, GM, and Dodge wouldn't be anywhere near as high. They could easily match the labor of Honda, Toyota, and Hyndai who's workers are younger on average and not so demanding when it comes to 'health care'. In this case, the little guy is partly to blame for their incredible ignorance. They smoke, drink, get fat, fall for the most OBVIOUS health care scams, live by drug and doctor, kiss greedy doctor ass, drive up the cost of their own health care, demand full coverage, and then strike if they don't get it. Retired US auto workers on average are now causing their former employers to incur an additional $500,000 PER RETIREE in health care expenses over the span of their retirement. Those in the current workforce are partly to blame as well. Not for greed. Their wages are reasonable. But their health care demands are well in excess. If they would simply open their eyes, acknowledge the incredible greed and corruption within the health care industry, get off the couch, get off the pharmaceuticals, and take care of their own bodies, then their own cost of living would be lower, their health would be better, the market for their product would be higher, and the financial burden placed on Ford, GM, and Dodge would be MUCH lower. I'm not discounting other factors like gas prices, competition, and the US product line. But greed and ignorance wreak havok like no other elements of our society. They cause or allow the cost of living to rise and the middle class to shrink along with the potential market for every major industry. In this case, they also raise the financial burden placed on US auto makers. Mark my words: One or two US automakers will go bankrupt. They will do so regardless of any 'bridge loan'. Other well known foreign auto makers will follow. The entire manufacturing industry will become a shell of its former self. Millions of retirees will be cut off entirely. ALL BECAUSE OF GREED, CORRUPTION, AND IGNORANCE. The ripple effect is profound. IT WILL BE OUR DOWNFALL.

12/16/08
The feds have reduced their interest rate to an all time low. IT WON'T WORK. The same goes for any potential bailout for the US auto industry or any other. IT WON'T WORK. IT ABSOLUTELY POSITIVELY WILL NOT WORK. I would bet my life on it a hundred times over. Again, our own leaders refuse to acknowledge the single greatest drag on our economy. The single greatest underlying cause for the global economic crisis. GREED. They all refuse to acknowledge the downside. That idiot pig Arthor Laffer refuses to acknowledge it. Greenspan, Bernanke, and Paulson refuse to acknowledge it. Bush, Clinton, Kerry, Gore, Obama, and Kennedy refuse to acknowledge it. Lars Larson, Tammy Bruce, Lou Dobbs, Mike Gallagher, Suze Orman, Bill O'Reiley, Maria Bartiromo, Jim Kramer, Rush Limbaugh, and Jim Bohanan refuse to acknowledge it. Bill Gates, Warren Buffet, Oprah Winfrey, Richard Branson, and T-Boone Pickens refuse to acknowledge it. The same goes for all of their filthy-rich billionaire friends. All of the above are hypocrite pigs who don't have the guts to admit the simple truth. This is not brain surgery. For the mostpart, its simple math. WE ARE IN THIS MESS BECAUSE OF GREED. The world's richest one percent are now so incredibly rich that there simply isn't enough wealth circulating beneath them to sustain the global economy. Its on the brink of collapse. IT WILL COLLAPSE. We are now entering what will go down in history as the worst economic and cultural crisis of all time by far. You think its bad now? YOU AIN'T SEEN NOTHING YET. NOTHING. We are headed for the worst US depression of all time. Every major industry will become a shell of its former self. Unemployment will reach unprecidented levels. The financial aid system will fail miserably. The vast majority of those in need will have no access. The next generation will be left to fight in the streets over a shattered American dream. The rest of the world will have it even worse. So don't blame innocent people from other countries you idiots. Blame the rich. Blame the government. Blame the health care industry. Then blame yourselves for being so stupid for so many years. We have allowed a particular form of evil to grow out of control, consume our government, wreak havok on our own economy and culture, RUIN any chance we ever had at world prosperity, and jeapordize the very foundation of modern society. At the same time, we have allowed those who epitomize it to get away with calling themselves 'heroes' or 'humanitarians'. Dumbing down our society further in the process. THAT MEANS YOU. So don't fall for their 'good will' 'humanitarian' BS. ITS A SHAM. NOTHING BUT TAX DEDUCTIBLE PR CRAP. Instead, look at the bottom line. IT'S F#@&#%$ OBSCENE. NOW GET IT THROUGH YOUR THICK SKULLS YOU IDIOTS. WE ARE IN THIS MESS BECAUSE OF GREED. AMERICA'S RICHEST ONE PERCENT NOW OWN ALMOST 1/2 OF ALL UNITED STATES WEALTH. THE WORLD'S RICHEST ONE PERCENT NOW OWN OVER 40% OF ALL WORLD WEALTH. THATS WAY TOO MUCH. THESE PEOPLE ARE NOT HEROES. THEY ARE NOT HUMANITARIANS. THEY ARE DISGUSTING HYPOCRITE SLOBS. IT DOES NOT MATTER HOW MUCH THEY GIVE BACK. THEY STILL KEEP WAY TOO MUCH. IT CAN'T WORK THIS WAY. IT ABSOLUTELY POSITIVELY CAN NOT WORK THIS WAY. IT NEVER HAS AND IT NEVER WILL. GREED KILLS. IT WILL BE OUR DOWNFALL.


1% CLUB PIGS: I've said it many times and I will say it many more. Greed is not the desire to break the law or intentionally oppress another human being. Greed is simply the desire to take more than your reasonable share of wealth or any limited resource. By doing so, you reduce the value of currency and raise the cost of living worldwide. You cause a domino-effect of socio-economic problems. You literally cause innocent people to suffer and die. YOU MAKE WORLD PROSPERITY MATHEMATICALLY AND PHYSICALLY IMPOSSIBLE. It does not matter how much you 'give back'. It matters how much you KEEP. This is why I will go to my grave with nothing but bleeding and burning hatred for all of you. Jealosy my ass. Low self-esteem my ass. Self-pity my ass. Anyone who still thinks that after reading all of this is a F&#@%$# MORON. You disgusting hypocrite pigs. I've noticed the little shots you've been taking at me and the cause I stand for. The psychological stunts. Thats right Will Smith, Angelina Jolie, Brad Pitt, Today Show pigs, Regis and Kelly, Ellen DeGeneres, Oprah Winfrey, Lars Larson, Bill O'Reiley, Lou Dobbs, Ann Coulter, Laura Inghram. I've noticed the crafty elusive statements you've been making about greed and subtle insults directed at those very few of us who stand against it. I also know that you're well aware of this campaign and that you're trying to shut it down. YOUR TRICKS WILL NEVER WORK ON ME. Mark my words: No matter what you say or do, I will spend the rest of my life persecuting all of you for the disgusting, obscene, unjust, illogical, and immoral equation you stand for. I won't break any laws but I will make a lot of people understand. If you want to break my will, then you're going to have to break my neck first. and if you pull a stunt like that, then a lot of people will know what happened to me and why. I've planned in detail for it. Regardless, you pigs will not go down in history as heroes or humanitarians. Not if I can help it. We're in this mess primarily because of you. Its going to get MUCH worse primarily because of you. Thats what I believe and thats the message I intend to spread for the rest of my life. DEAL WITH IT.