tag:blogger.com,1999:blog-2761684730989137546.post1799902021733137695..comments2024-03-28T07:50:06.102-04:00Comments on Mike Norman Economics: Graph of U.S. Corporate Profits and Dividendsmike normanhttp://www.blogger.com/profile/03296006882513340747noreply@blogger.comBlogger39125tag:blogger.com,1999:blog-2761684730989137546.post-89572700570336786022013-06-27T16:06:48.525-04:002013-06-27T16:06:48.525-04:00Sorry, I meant y 'I'll take my chances'...Sorry, I meant y 'I'll take my chances' ;)<br /><br />F,<br /><br />That might have been true under the metals... if it really says that, (btw where do you see that??) then I would think that probably prophesied the near 2,000 year fiasco known as the "gold standard"... that metallic regime was certainly used against us for sure... everybody killing each other just to get a hold of those metals... what a moron-fest...<br /><br />We've now been able to throw that yoke looks like for the first time in almost 2,000 years...<br /><br />So we have that going for us now... which is nice...<br /><br />rsp,Matt Frankohttps://www.blogger.com/profile/11978352335097260145noreply@blogger.comtag:blogger.com,1999:blog-2761684730989137546.post-57798883495845634122013-06-27T15:59:59.608-04:002013-06-27T15:59:59.608-04:00My warning is that you may be helping to create su...My warning is that you may be helping to create such a money system! And will be held accountable for doing so! By God!<br /><br />So "chances" does not really apply, now does it?Anonymoushttps://www.blogger.com/profile/13859046687902645077noreply@blogger.comtag:blogger.com,1999:blog-2761684730989137546.post-19160384379465241152013-06-27T15:53:59.812-04:002013-06-27T15:53:59.812-04:00F.,
I'll take my chances! ;)
rsp,F.,<br /><br />I'll take my chances! ;)<br /><br />rsp,Matt Frankohttps://www.blogger.com/profile/11978352335097260145noreply@blogger.comtag:blogger.com,1999:blog-2761684730989137546.post-12317868571077788812013-06-27T13:28:00.007-04:002013-06-27T13:28:00.007-04:00and
3) if you disagree with me you will burn in ...and <br /><br />3) if you disagree with me you will burn in a Lake of Fire FOREVER!<br /><br />yhttps://www.blogger.com/profile/03233997168975370006noreply@blogger.comtag:blogger.com,1999:blog-2761684730989137546.post-1475384883708823622013-06-27T13:22:06.621-04:002013-06-27T13:22:06.621-04:00Franko,
1) The Bible predicts that the money syst...Franko,<br /><br />1) The Bible predicts that the money system will one day be used AGAINST Christians. <br /><br />2) God does not require thievery to advance His Kingdom.Anonymoushttps://www.blogger.com/profile/13859046687902645077noreply@blogger.comtag:blogger.com,1999:blog-2761684730989137546.post-58260726965483107492013-06-27T12:38:36.206-04:002013-06-27T12:38:36.206-04:00F,
You're over-thinking all of this....
This...F,<br /><br />You're over-thinking all of this....<br /><br />This is not that hard... we can use our monetary/bank/accounting system to monitor outcomes and if we see that the results are unjust, we can simply make adjustments within the system as we see fit... this can happen right now even with the system we already have...<br /><br /><br />rsp,Matt Frankohttps://www.blogger.com/profile/11978352335097260145noreply@blogger.comtag:blogger.com,1999:blog-2761684730989137546.post-23225869785905112282013-06-27T12:19:00.602-04:002013-06-27T12:19:00.602-04:00do you own any stocks or shares?do you own any stocks or shares?yhttps://www.blogger.com/profile/03233997168975370006noreply@blogger.comtag:blogger.com,1999:blog-2761684730989137546.post-24991794884686953582013-06-27T12:05:16.364-04:002013-06-27T12:05:16.364-04:00I have some, and I have no desire to part with the...<i>I have some, and I have no desire to part with them the next time I go shopping for groceries. </i> y<br /><br />Of course you don't! Why "share" if one can legally steal instead? It would be a competitive disadvantage to do the right thing!<br /><br />I suppose Southern slave owners faced the same dilemma. Interestingly, they moved to a <b>share</b>cropping alternative after the Civil War.Anonymoushttps://www.blogger.com/profile/13859046687902645077noreply@blogger.comtag:blogger.com,1999:blog-2761684730989137546.post-2535391207701773992013-06-27T11:55:06.865-04:002013-06-27T11:55:06.865-04:00"no arguments"
We've been over your..."no arguments"<br /><br />We've been over your arguments but you seem to have no recollection of that.<br /><br />Do you even own any stocks or is all this just intellectual speculation on your behalf?<br /><br />I have some, and I have no desire to part with them the next time I go shopping for groceries. yhttps://www.blogger.com/profile/03233997168975370006noreply@blogger.comtag:blogger.com,1999:blog-2761684730989137546.post-39628444999898835632013-06-27T11:08:06.689-04:002013-06-27T11:08:06.689-04:00We need to rethink "money" along authori...<i>We need to rethink "money" along authoritarian grounds imo...</i> Franko<br /><br />You mean ala "666?"<br /><br />I thought you at least read the New Testament?!Anonymoushttps://www.blogger.com/profile/13859046687902645077noreply@blogger.comtag:blogger.com,1999:blog-2761684730989137546.post-37140591921748232252013-06-27T11:00:37.000-04:002013-06-27T11:00:37.000-04:00More insults y, and no arguments.
Back to basics ...More insults y, and no arguments.<br /><br />Back to basics then. Look at a balance sheet: Assets are on the left, Equity and Liabilities are on the right. Now tell me again why money can only be a Liability and not Equity when BOTH are backed by Assets?<br /><br />As for WWII: Oops! I see the Great Depression has been removed as a major cause of WWII from WIKI. But no matter. Liars won't prosper unless they like swimming in a Lake of Fire FOREVER!<br /><br />As for the cause of the Great Depression:<br /><br /><i> In a speech on Milton Friedman's ninetieth birthday (November 8, 2002), Bernanke said, "Let me end my talk by abusing slightly my status as an official representative of the Federal Reserve. I would like to say to Milton and Anna [Schwartz, Friedman's coauthor]: Regarding the Great Depression. <b>You're right, we did it.</b> We're very sorry. But thanks to you, we won't do it again."[44]</i> from http://en.wikipedia.org/wiki/Ben_Bernanke<br /><br />I hope you have a good memory, y, cause I get weary of repeating some times.<br /><br />Anonymoushttps://www.blogger.com/profile/13859046687902645077noreply@blogger.comtag:blogger.com,1999:blog-2761684730989137546.post-8255256468487662122013-06-27T10:02:57.208-04:002013-06-27T10:02:57.208-04:00"the current crooked, unstable money system t..."the current crooked, unstable money system that killed 50-65 million in WWII alone"<br /><br />You're insane! Seriously.<br /><br />"even the best of you have not been able to refute the idea of common stock as money".<br /><br />You've never been able to put forward a coherent argument for "common stock as money"! It's patently obvious that your idea - note YOUR idea, an idea you made up inside your head and that as far as I'm aware NO ONE else believes in - is ridiculous. For some reason perfectly simple and reasonable explanations for why your idea is ridiculous just bounce right off your skull. <br /><br />You're the one that insults everyone for not believing in the nonsensical ideas you come up with. According to you anyone who doesn't believe in your nonsensical "common stock as money" fantasy is some sort of immoral person who "doesn't like to share" or some such crap.<br /><br />I thought you were ok until you revealed yourself to be like Bob Roddis, just with different beliefs.<br /><br />And the endless repetition of the same phrases over and over and over and over again is just too much.<br /><br /><br /><br />yhttps://www.blogger.com/profile/03233997168975370006noreply@blogger.comtag:blogger.com,1999:blog-2761684730989137546.post-14055199314640200772013-06-27T08:28:00.735-04:002013-06-27T08:28:00.735-04:00F Beard, using the bible for anything not to do wi...F Beard, using the bible for anything not to do with morality tales is foolish. The bible is a work of fiction written by people 1500 plus years ago. Its just as nonsensical to analyze the economy using the the fictional bible as it to use the fictional odysseyAnonymoushttps://www.blogger.com/profile/15433129947896088098noreply@blogger.comtag:blogger.com,1999:blog-2761684730989137546.post-36956593320053795002013-06-27T08:01:07.895-04:002013-06-27T08:01:07.895-04:00F,
We need to rethink "money" along aut...F,<br /><br />We need to rethink "money" along <i>authoritarian</i> grounds imo...<br /><br />Most libertarians do not like this approach...<br /><br />Its time to take the training wheels off imo... see what happens...<br /><br />(FD: I am NOT libertarian in any way shape or form...)<br /><br />rsp,Matt Frankohttps://www.blogger.com/profile/11978352335097260145noreply@blogger.comtag:blogger.com,1999:blog-2761684730989137546.post-6771628433472499952013-06-27T07:52:42.456-04:002013-06-27T07:52:42.456-04:00Oh, I see I attributed a quote from Franko to &quo...Oh, I see I attributed a quote from Franko to "y".<br /><br />Sorry, y. Anonymoushttps://www.blogger.com/profile/13859046687902645077noreply@blogger.comtag:blogger.com,1999:blog-2761684730989137546.post-18383061169665665252013-06-27T07:45:11.060-04:002013-06-27T07:45:11.060-04:00Make that "Instead, I've heard only lame ...Make that "Instead, I've heard only lame counter arguments ...", please. The arguments were the best that could be summoned, I suppose, but were still lame.Anonymoushttps://www.blogger.com/profile/13859046687902645077noreply@blogger.comtag:blogger.com,1999:blog-2761684730989137546.post-48750658336441518852013-06-27T07:37:29.624-04:002013-06-27T07:37:29.624-04:00Yeah, no one "understands". Only F. Bear...<i>Yeah, no one "understands". Only F. Beard "understands". </i> y<br /><br />Even the best of you have not been able to refute the idea of common stock as money. Instead, I've heard only the lamest of counter arguments and in your case, insults.<br /><br />I don't claim to be special but this I have done: I have read the entire Bible (exception: I have glossed construction details since they bore me) and taken it seriously wrt economics.<br /><br />Anonymoushttps://www.blogger.com/profile/13859046687902645077noreply@blogger.comtag:blogger.com,1999:blog-2761684730989137546.post-28892734931660031842013-06-27T07:26:24.555-04:002013-06-27T07:26:24.555-04:00Bank credit hasnt risen in 5 years. Franko
But t...<i>Bank credit hasnt risen in 5 years. </i> Franko<br /><br />But the debt remains!<br /><br /><i>Looks like they may be finished as lenders. </i> Franko<br /><br />So the parasites die with the host. Big deal. Other parasites will arise unless we fundamentally rethink money along ethical grounds.Anonymoushttps://www.blogger.com/profile/13859046687902645077noreply@blogger.comtag:blogger.com,1999:blog-2761684730989137546.post-38180885406039334082013-06-27T07:18:32.303-04:002013-06-27T07:18:32.303-04:00How do you get a house then? and a car? Without &#...<i>How do you get a house then? and a car? Without 'lending'?</i> y<br /><br />With the equity stolen from us by the banks and which currently exists as bogus debt instead!<br /><br />Why do you keep forgetting the universal bailout with new fiat that Steve Keen advocates? <br /><br />Huh? If you had read the Old Testament you'd know that thievery requires RESTITUTION!Anonymoushttps://www.blogger.com/profile/13859046687902645077noreply@blogger.comtag:blogger.com,1999:blog-2761684730989137546.post-90059867925783702992013-06-27T07:12:12.851-04:002013-06-27T07:12:12.851-04:00Or gold.
Instead, I think "sharing" is...Or gold.<br /><br />Instead, I think "sharing" is the way to go.<br /><br />What? You did not learn that in kindergarten? Anonymoushttps://www.blogger.com/profile/13859046687902645077noreply@blogger.comtag:blogger.com,1999:blog-2761684730989137546.post-21432648526276417662013-06-27T07:10:09.492-04:002013-06-27T07:10:09.492-04:00What is it with people like you and Bob Roddis? y...<i>What is it with people like you and Bob Roddis? </i> y<br /><br />Well, I presume we both hate the current crooked, unstable money system that killed 50-65 million in WWII alone.<br /><br />You?<br /><br />But unlike Bob and the Austrians, I don't love usury.<br /><br />You?Anonymoushttps://www.blogger.com/profile/13859046687902645077noreply@blogger.comtag:blogger.com,1999:blog-2761684730989137546.post-87988054265570217982013-06-27T06:56:53.278-04:002013-06-27T06:56:53.278-04:00F,
Paul only directed the early believers to &quo...F,<br /><br />Paul only directed the early believers to "share" so as to avoid participation in the activities of the pagan temples thru which much of the economic surplus was distributed in that society.... <br /><br />that is all gone from the scene now.... <br /><br />we have nominal Christians whom we vote into positions of authority today who are free to form public policy as the spirit guides them...<br /><br />How do you get a house then? and a car? Without 'lending'?<br /><br />Free house and car? (btw make mine a free Corvette!)<br /><br />Or share our houses and cars?<br /><br />Whaaaaaat???? <br /><br />All banks do (or more accurately today DID...) aside from acting as fiscal agents, is lend against property and vehicles that are already constructed or manufactured by non-banks so they can get paid...<br /><br />Now its just down to vehicles looks like and they will probably f that up soon ... if you dont like this you can save huge balances of currency by purchasing a quality used/off-lease vehicle today with a few 10's of thousands of miles on it...<br /><br />Banks no longer lend for residential home purchases... or student loans... these morons spayed and neutered themselves against those activities several years ago while "dancing while the music was playing" instead of acting as appropriate corporate stewards...<br /><br />Bank credit hasnt risen in 5 years. Looks like they may be finished as lenders. They are fee based organizations now... they originate govt loans and collect an origination fee to do the paperwork... good work if you can get it..<br /><br />NIM on what they still have out is collapsing at banks due to ZIRP and will continue to do so as long as moron monetarists run the Fed...<br /><br />Total Financials (which is way more than just banks) comprise under 15% of the corporate profits identified in the graphs above and this is falling as NIM continues to fall under ZIRP... <br /><br />Corporate profits derive from non-financial activities for the most part these days... and you can see they pay out about half of the after tax profits as dividends to the retirement funds that own most of the shares so the pensioners can eat and have heat... if you dont have a pension you are out of luck too bad for you...<br /><br />that said, perhaps to your main point all of this can be operated more justly, you get no argument from me there...<br /><br />But your going to the Hebrew scriptures to pick out random tid-bits for specific rules-based implementation for us today, thinking somehow this will 'make things better' today is missing the mark imo sorry... <br /><br />All we humans have for ourselves today is our authority (which most sadly still are blind to) and the fruit of the spirit (which ultimately we dont control..)<br /><br />Hang in there F Beard... rsp, <br /><br />Matt Frankohttps://www.blogger.com/profile/11978352335097260145noreply@blogger.comtag:blogger.com,1999:blog-2761684730989137546.post-38500378952601195692013-06-27T06:40:24.741-04:002013-06-27T06:40:24.741-04:00"I'm not aware of any such books but sure..."I'm not aware of any such books but surely money is not yet generally understood, is it?"<br /><br />Yeah, no one "understands". Only F. Beard "understands". <br /><br />That bible quote is irrelevant as far as I can see.yhttps://www.blogger.com/profile/03233997168975370006noreply@blogger.comtag:blogger.com,1999:blog-2761684730989137546.post-70281898246626312942013-06-27T06:32:17.232-04:002013-06-27T06:32:17.232-04:00"Some "Christian" you are. You lite..."Some "Christian" you are. You literally prefer stealing over sharing!"<br /><br />What is it with people like you and Bob Roddis? yhttps://www.blogger.com/profile/03233997168975370006noreply@blogger.comtag:blogger.com,1999:blog-2761684730989137546.post-37345161615053546812013-06-27T05:00:53.414-04:002013-06-27T05:00:53.414-04:00Real World Economics Review
income inequality, up...Real World Economics Review<br /> income inequality, upward income redistribution Income inequalities in 2007 compared to latest available year in 26 countries<br />Income inequalities in 2007 compared to latest available year in 26 countries<br /><br />June 27, 2013 David F. Rucci<br />http://rwer.wordpress.com/2013/06/27/income-inequalities-in-2007-compared-to-latest-available-year-in-26-countries/<br /><br />http://anticap.files.wordpress.com/2013/06/ilo-inequality.jpgJanhttps://www.blogger.com/profile/13321416654318469280noreply@blogger.com