On Sat, 03 Jul 2010 12:01:56 -0700, Hawke
wrote:
snip
A major problem is the adamant refusal to even collect
necessary and unbiased data [e.g. M3 money supply, data on
the creation and sale of derivatives, derivative
counter-parties], let alone consider even mild changes such
as unitary corporate taxation [if a corporation has 90% of
its sales in the U.S. then 90% of its profits were earned in
the United States, and will be taxed here], reduction of the
standard workweek to 30 hours with the same wages [to mirror
the claimed increases in productivity], and caps on
corporate capitalization and market share. [Too big to fail
is too big to bail, and thus too big to exist.]

If the corporations are so powerful as to "capture" entire governments,
as it seems certain oil companies have done, then we can expect nothing
but being ruled by the corporations. That would be an entirely new form
of government with the rulers being no more under the domain of the
people than monarchies were. Corporations have to be put under control
of the governments and we're a lot closer to having the opposite being
true. It looks like we're nearing a tipping point here. We take control
of them or they will take control of us.
snip
FYI

More people are becoming aware that the emperor is a
nudist...

http://www.marke****ch.com/story/the...9?pagenumber=1

The three biggest lies about the economy
Commentary: The truth about jobs, the market and U.S.
socialism
By Brett Arends, WSJ.com and Marke****ch

BOSTON (Marke****ch) -- The counter-revolution is underway.

The G-20 calls for members to slash their budget deficits.
The U.S. Senate ices further aid for the unemployed. The
head of the Business Roundtable slams President Obama for
undermining American capitalism. Wall Street succeeds in
watering down reform.

Depending on your politics, you'll love this or hate it.

But there's just one problem.

We're still living in a fantasyland. Most people have no
idea what's really going on in the economy. They're living
on spin, myths and downright lies.
snip
--

-- Unka George (George McDuffee)
...............................
The past is a foreign country;
they do things differently there.
L. P. Hartley (1895-1972), British author.
The Go-Between, Prologue (1953).

"F. George McDuffee" wrote in message
...
On Sat, 03 Jul 2010 12:01:56 -0700, Hawke
wrote:
snip
A major problem is the adamant refusal to even collect
necessary and unbiased data [e.g. M3 money supply, data on
the creation and sale of derivatives, derivative
counter-parties], let alone consider even mild changes such
as unitary corporate taxation [if a corporation has 90% of
its sales in the U.S. then 90% of its profits were earned in
the United States, and will be taxed here], reduction of the
standard workweek to 30 hours with the same wages [to mirror
the claimed increases in productivity], and caps on
corporate capitalization and market share. [Too big to fail
is too big to bail, and thus too big to exist.]

If the corporations are so powerful as to "capture" entire governments,
as it seems certain oil companies have done, then we can expect nothing
but being ruled by the corporations. That would be an entirely new form
of government with the rulers being no more under the domain of the
people than monarchies were. Corporations have to be put under control
of the governments and we're a lot closer to having the opposite being
true. It looks like we're nearing a tipping point here. We take control
of them or they will take control of us.
snip
FYI

More people are becoming aware that the emperor is a
nudist...

http://www.marke****ch.com/story/the...9?pagenumber=1

The three biggest lies about the economy
Commentary: The truth about jobs, the market and U.S.
socialism
By Brett Arends, WSJ.com and Marke****ch

BOSTON (Marke****ch) -- The counter-revolution is underway.

The G-20 calls for members to slash their budget deficits.
The U.S. Senate ices further aid for the unemployed. The
head of the Business Roundtable slams President Obama for
undermining American capitalism. Wall Street succeeds in
watering down reform.

Depending on your politics, you'll love this or hate it.

But there's just one problem.

We're still living in a fantasyland. Most people have no
idea what's really going on in the economy. They're living
on spin, myths and downright lies.
snip
--

-- Unka George (George McDuffee)
..............................
The past is a foreign country;
they do things differently there.
L. P. Hartley (1895-1972), British author.
The Go-Between, Prologue (1953).

Seems the EU has the same fantasyland problem.

One of the main reasons the Europeans are repeating the mistakes of the 2008
crisis is that not one major euro-zone country has done an honest postmortem
of its financial system's failures. German banks were among the world's
biggest gamblers in toxic assets, yet they continue to operate behind a
veil. Some of the Landesbanken-public banks run or supervised by
politicians-essentially operated as taxpayer-guaranteed hedge funds,
accumulating toxic assets with abandon, as regulators looked the other way.
No one knows the scale of their losses, but analysts suspect that most would
be insolvent without their guarantees. Incredibly, none of them have been
shut down except tiny Sachsen LB, a Dresden-based outfit that ran a
toxic-asset operation nearly 11 times the size of its equity. To this day,
they are shielded from effective regulation by their political patrons.

http://www.newsweekparentsguide.com/....html?from=rss

Best Regards
Tom.