Economic News/Discussion

[falcon_view]

[Dutchcedar]

^^^ That all ya got?

From that you apply words to me?

From that you apply words to the Republican Party?

[falcon_view]

Using the same as the right. One misstep and you own it.

You only need to look at scooter's posts.

[Dutchcedar]

Using the same as the right. One misstep and you own it.

Are you even remotely serious?

The only thing I own in this discussion is that you made things up about what I said. When I point it out your answer is...

Squirrel!!!

[falcon_view]

I would guess what the Bishops are saying is, the cart is before the horse.

http://thinkprogress.org/economy/201...lfare-to-work/

[kbohip]

You only have to take note of my sig. We are on a one way street and have been for many years. Not even the right has solution that will work but only to continue down the same path. You might feel better getting to the same place but in the end it is all the same. BUST!!!!!!!!!!

Unfortunately I agree 100%.

[falcon_view]

I don't want anyone to get the idea of me wanting to see the poor overly taken care of or see the number grow. I would like to see all able persons have a job to make a contribution to our country. Fact is even those on welfare do help to grow the economy by buying products and services, but that money comes from those that are working to pay taxes and/or causing our debt to go up.

As I pointed out in the chart scooter posted even in the years of what we my say as having a good economy those having jobs has went down compared to the total population. This is one of the many changes that will have to be addressed.

At this time I would like to address parked money as I see it.

It is any money that is not spent back into the economy within a short time span, not years but less than a year. This includes saved money such as for retirement and those making so much that they don't see the need to spend it as those of the top %ers. I know, many of you say this money is to create jobs, but what I see when someone creates jobs it is usually with borrowed money. For the economy, it is better to put your money in a savings account so that money works at both ends.

What do we do with parked money? How many of you can say that your parked money is in the markets, in stocks that had there IPO many years or decades ago. That money you put into those stocks doesn't go to the company to create jobs. The only thing going on here is, you hope you got in some where in the low and hope to sell to a tuna at the high.

When the stock markets were first developed, a company would offer stock with a dividend and then in amount of time the company would buy the stock back. This was loaning a company money to expand and not the case today unless a company makes another stock offering.

[SteveW]

I don't want anyone to get the idea of me wanting to see the poor overly taken care of or see the number grow. I would like to see all able persons have a job to make a contribution to our country. Fact is even those on welfare do help to grow the economy by buying products and services, but that money comes from those that are working to pay taxes and/or causing our debt to go up.....

I disagree.

People on state aide do not "help grow the economy by buying products and services" at the cost of deficit spending on the part of the government. The government doesn't produce anything. It generates self sustaining legislation in the form of laws and regulations. Anything the government touches costs more than it would if done by the private sector.

The US government is a bloated and out of control beast sitting squarely atop the backs of those that do produce. Government handouts to not help to grow the economy, never did, never will.

[jimzinsocal]

Walmart having a problem

http://money.cnn.com/2012/04/23/mark....htm?iid=HP_LN

If I had to guess what the end result may be? Culture differences.
Bribes in Mexico? Here we call them regulatory process.

[Keven]

Walmart having a problem

http://money.cnn.com/2012/04/23/mark....htm?iid=HP_LN

If I had to guess what the end result may be? Culture differences.
Bribes in Mexico? Here we call them regulatory process.

Somebody used bribes in Mexico to get zoning and construction permits? I'm shocked, shocked to find that gambling is going on in this establishment!

[jimzinsocal]

Somebody used bribes in Mexico to get zoning and construction permits? I'm shocked, shocked to find that gambling is going on in this establishment!

Well you know Kev...the culture is different there. I can imagine a scenario where walmart officials felt it was like bribery..but figured...its just a different sort of regulation and stopped self investigating. It may well turn out to be similar to the uproar a few years back with Walmart in Mexico.
The unpaid bag boy deal.
These bag boys werent paid by the store and some american regulators took that as a sin.
But there? The custom was these kids lived well on tips.
They werent interested in some feel good hourly wage.

[Keven]

Well you know Kev...the culture is different there. I can imagine a scenario where walmart officials felt it was like bribery..but figured...its just a different sort of regulation and stopped self investigating. It may well turn out to be similar to the uproar a few years back with Walmart in Mexico.
The unpaid bag boy deal.
These bag boys werent paid by the store and some american regulators took that as a sin.
But there? The custom was these kids lived well on tips.
They werent interested in some feel good hourly wage.

Yeah, I agree Jimz. That's the way things get done now there. I mean, we took a family trip to Mexico once when I was a kid. Nothing happened we were in the boring tourist part of the country, but we got this travel guide before we left and even in this travel guide from Frommer's it was like "If you get in trouble with the police, trying asking if you can pay the ticket/fine directly and offer them a US $20 bill." I mean, even the freakin' pocket sized travel guide is suggesting bribery.

It's just the way things are down there. I know it may shock the country club liberals that read the NY Times, but it's the truth.

[kbohip]

25 years ago when we were on a family vacation in Mexico, my sister was driving a van and hit a parked car. We were all in the van and it was just a brush up against the side of the parked car, which was some 20+ year old typical clunker that are so prevalent there. Naturally as Americans we had some one call the police. While we were waiting, we were talking to some locals and asked them what they thought the whole process would be like once the cops got there. We were thinking paperwork, reports, insurance exchange, etc.

They all looked at us like we were crazy. They said, "Just give the cop $20 and he'll go away." We thought this was ill-advised and waited for the cop to show up. He did after about 20 minutes. Upon getting there he looked at the very slight damage to both vehicles and said "Let's just wait for the person who's car was hit to come out. If they notice the damage to their vehicle, we'll go from there, if not, we all leave and say nothing."

So the old guy comes out, gets in his car, and takes off. The cop looks at us, smiles, and says "Have a good time while you're here in Mexico." God, there are times we Americans can learn a thing or two from them.

[bk94si]

One small benefit to Obama tanking our economy - illegals are going home.
http://www.washingtontimes.com/news/...der-fence-to-/

[Dutchcedar]

One small benefit to Obama tanking our economy - illegals are going home.

Less votes for him... he'll have to rely on more from the Oak Seed Group.