The Ownership Society-Pied Piper at work
Earl Evleth
The Bush idea of destroying social security and replacing it with
private investment accounts works for the high income groups.
But these groups already has enjoyed and overall net advantage
in income improvement over the last 20 years in relationship
to lower income groups. Median incomes have stagnated, upper
incomes have taken off. Republican fiscal policies have
reenforced both the income and wealth gaps. The net results is that
lower income groups have not, nor have they ever accumulated
much capital. The best off have those who have bought homes,`
the principle net worth is tied up on that. For these lower
income groups social security retirement has given them
much more security in old age then they could of guaranteed
themselves.
The recent evolution is for corporations to get out of the funding
retirement business. So the IRA route has provided them with an
escape hatch.
A good short article on net worth is given at
http://money.cnn.com/2004/08/10/pf/millionaire/net_worth_stackup/
The first table of this article shows the household median net worth
by age
under 25 $900
25-34 $15,000
35-44 $94,000
45-54 $163,000
55-64 $217,000
over 65 $199,000
Of course it is not surprising that a young person has low net worth
but it is at retirement that the situation needs to be examined.
This net worth does not include what might be calculated from social
security retirement payments of the annuity required to produce the same
income. Roughly speaking the annuity value is 20 times the yearly
income. The average social security retirement benefit in the US
is around $1000/month, $12,000 a year or an annuity value of $240,000.
To produce that income would would have to have financial asset net worth
of this order. The median over 65 net worth is currently around $200,000
and than includes home value. In fact the median financial assets net
worth is much lower, well under $100,000 and not capable of furnishing
the same social security income or even half of it.
Therefore, renaming George W. Bush "Pied Piper" is justified. He has
a track record of lying to the publish and they keep following him.
Earl
John Evleth
never worked at any endeavor of value, I know that you are challenged
in your ability to understand capitalism. W is very popular, his ideas
are very well received by the generations to be most affected, and that
the French (including former Americans like you) disagree only
reinforces the validity of his concepts. The real question is whether
or not the American Liberals (Kennedy, Clinton, collectively the Earls)
counter with proposals that might give the working schmoe the ability
to invest their taxes, which are confiscated from each paycheck, into
thrift savings plans which mirror those of the Imperial Congress? Oh,
Earl, your daughter makes money teaching women about bondage. How
utterly french of her.
G W Shrub
"John Evleth" <jev...@earthlink.net> wrote in message
news:1107570379.9...@f14g2000cwb.googlegroups.com...
> I suppose you suggest marrying into wealth, as you did? Since you have
> never worked at any endeavor of value, I know that you are challenged
> in your ability to understand capitalism. W is very popular, his ideas
Proving my contention that Americans are the most gullible people on the
planet. But even they are dubious about this lunatic idea, assuming they
don't realise that the real purpose is to further reduce taxes for the rich
and dump the mass of citizens out in the cold to fend for themselves.
--
GW
Sarah Branson
> The Bush idea of destroying social security
> and replacing it with private investment
> accounts works for the high income groups.
Above all, it does not work for society. A cohesive society grows
together.
If the British government does not do anything about what it says is a
looming "pensions crisis," the proportion of public expenditure funding
pensions will rise from 22% (2000) to 25% (2025)? Remember part of the
2025 work force is yet to be born.
If pensioner incomes fall and rise with earnings, they fall and rise
with tax revenues. where is the funding gap?
I personally favour high taxation for its own sake. I'm not prone to
original statements, but as far as I know, that one is my own.
My reason is that as I look around the world, I see more peaceful
nations have the higher tax rates. Parts of Europe have tax rates of
the order of 60%, and virtually no crime.
Maybe the reason is simple. Laws are cheap, but order costs.
If you want to catch, try fairly, convict, punish and rehabilitate, you
have to pay, but the price is worthwhile, for these people kill.
If you want your pensioners quiet, and not moaning about inability to
meet relative essentials, you must pay for that, but it's worth it.
Some of these old ladies lost their husbands fighting for our freedoms.
The BS thrown at the likes of France and Germany by Great Britain, is
that the current recession in the Euro zone is caused by labour market
regulation, not shared by Great Britain, which currently has an
expanding economy. If that is so, why does the US have problems?
Bush II is removing regulations,like reducing air travel journey times,
by increasing the speed that aircraft hit the runway.
The reason for the recession on continental Europe, which is not shared
by all of continental Europe, or even all of the smaller Euro zone, is
German monetary union.
Kohl created a recession in continental Europe's main economy, by
exchanging useless DDR Marks at a rate of 1:1 for useful German Marks.
Kohl demonstrated that governments can simply create money, and what
happens when they do simply create money.
I do not think you will agree, but the Euro, if it ever will be a good
idea, was not introduced at the right time.
> Therefore, renaming George W. Bush "Pied Piper"
> is justified. He has a track record of lying
> to the publish and they keep following him.
and he will continue lying and even convince himself. Sometimes human
beings need to be forced before they will recognise the obvious,
perhaps especially when that obvious truth is counter intuitive.
Regulation creates wealth. Capitalism without regulation is feudalism,
the very reason the US Founding Fathers left Europe for the Americas.
--
Sarah Branson, Barrister at Law, Coram Chambers,
Ground Floor, 4 Brick Court,Temple, London EC4Y 9AD.
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Earl Evleth
<wh...@my.house> wrote:
> Proving my contention that Americans are the most gullible people on the
> planet. But even they are dubious about this lunatic idea, assuming they
> don't realise that the real purpose is to further reduce taxes for the rich
> and dump the mass of citizens out in the cold to fend for themselves.
The basic problem is a culture of being overly optimistic and one has
a chance of winning on life's lottery of becoming well off. The culture
is also anti-poor holding the individual responsible for their economic
condition and not the societal conditions.
In some areas of life we are collectively not satisfied with an overall
poor performance. Most students should finish their program of studies
in school. The US and European public education system works towards a high
success rate. We plan that most people should become self-supporting
in adulthood and that aid supplied to any should be necessary. People
in economic or health difficulty are aided by the collectivity to
prevent the worse. The success criteria at retirement is that
people have a reasonable level of economic and health support. This
latter goal can not be reached in a winner-take-all economy in which
the design is that most will fail.
Earl
richj
"Earl Evleth" <evl...@wanadoo.fr> wrote in message
news:BE2A47DF.52D2E%evl...@wanadoo.fr...
Then you look at socialist nations. Every one of them does well raising the
literacy level, but many have starving peasants.
Teflon
>
Earl Evleth
<ric...@hotmail.com> wrote:
> Then you look at socialist nations. Every one of them does well raising the
> literacy level, but many have starving peasants.
You should name them rather than use the lose term socialist nations.
Which ones are you talking about?
China is no longer authentically socialist, a sort of mixture of something
and at this time no starving peasants.
Vietnam? I had the impression things are going well.
North Korea, things are going terribly there about like Haiti
which is I don`t know what! Haiti has the advantage of not
fooling around with nuclear weapons.
Cuba? Partly in terrible shape. No starvation and a lower infant
mortality rate than the USA!
Lets see, anybody else. Guatemala? What kind of economy do they
have? Peru?
African countries have a number of kleptocracies.
And so on.
Of course none of this deal with the topic I raised, the Pied Piper plan
in the US.
Earl
John Evleth
Since America doesn't really care about Old Europe with their high
unemployment and laughably stagnant economies, why does Old Europe care
to opine on our economic matters? Heck, you goofballs in France cannot
even handle a little heat spell, leaving the old folks at home to kick
the bucket in silence. France was once a great country, about 400 years
ago. Well, you did give the world the Peugot!! Now, get off the
computer and go make love to your wife, before she joins Margaret on
one of those good time cruises!!
John
John Evleth
Regulation creates wealth? Is that how Richard Branson, Bill Gates and
Michael Dell become wealthy? You pointy headed Euros are so humorous
with your dirty polluted backwards societies. We appreciate your
military lending a small hand in Iraq, for we know not even Britian is
much of a world power anymore. By the way, you Brits need to learn how
to cook, dining in London is worse than death by booga booga.
John
G W Shrub
> Sarah Honey,
>
> Regulation creates wealth? Is that how Richard Branson
Richard Branson? In England? One of the pointy headed Euro countries? Not a
good example?
> Bill Gates and Michael Dell become wealthy?
In an industry which has bolted to China and India.
> You pointy headed Euros are so humorous
> with your dirty polluted backwards societies
Pot. Kettle. Been to Detroit lately? Who want to live in the world's biggest
auto junk yard?
> We appreciate your
> military lending a small hand in Iraq, for we know not even Britian is
> much of a world power anymore.
OTOH the Brits are far less likely to shoot each other, a constant problem
with the Yanks who shoot everything _including_ each other and their
terrified allies.
> By the way, you Brits need to learn how
> to cook, dining in London is worse than death by booga booga.
Which nation has the fattest arses in the world?
--
GW
John Evleth
blacks or Arabs, so why go there. My big ole gas guzzling SUV is
Japanese sonny boy. How did Gates and Dell bolt to China sonny boy? I
guess the miserable weather in dreary ole England has not helped your
tiny brain to function.
G W Shrub
> Detroit has been renamed New Fallujah. Never been there, don't care for
> blacks or Arabs, so why go there. My big ole gas guzzling SUV is
> Japanese sonny boy.
> How did Gates and Dell bolt to China sonny boy?
The _INDUSTRY_, The _INDUSTRY_! Where are the Dell made? Why does their
service suck now?
Even Gates is doing a lot more in Euroland.
> I guess the miserable weather in dreary ole England has not helped
> your tiny brain to function.
Was only there for 9 weeks several years ago. The much more miserable
weather here doesn't seem to help or hurt any.
--
GW
John Evleth
day Michael quit going to classes and started assembling computers in
his dorm room, has been essentially a VAR of various pieces and parts,
all built around the Windows O/S. Because of their volume, they have
virtually no inventory, and collect cash from their customers before
paying their vendors. What a great business model. Must be why they
have a market capitalization over $80 billion.
Oh, this very service on which you post, Google, is the product of
capitalism, very hard work, and venture capital. Each of these
attributes in antithetical to the EuroWeenie way of doing business.
Even the founders of SAP all worked for an American Company; IBM.
Now scoot along little man.
Mr Q. Z. Diablo
wrote:
> Which nation has the fattest arses in the world?
Australia, I fear. We overtook the USA quite recently.
--
Mr Q. Z. D.
Sarah Branson
> Regulation creates wealth?
Regulation is an essential part of capitalism.
> Is that how Richard Branson, Bill Gates
> and Michael Dell become wealthy?
Well yes. Bill Gates would have got nowhere had IBM taken QDOS (Quick
& Dirty Operating system) and not paid.
Bill would have needed to go to Court, but that's regulation for you.
> You pointy headed Euros are so humorous
> with your dirty polluted backwards societies.
This is true.
> We appreciate your military lending a small
> hand in Iraq, for we know not even Britian is
> much of a world power anymore.
We know our position better than Condy, who said, "America has no
closer friend or ally than Great Britain." Friend, no; ally, no;
client, yes.
> By the way, you Brits need to learn how to cook,
> dining in London is worse than death by booga booga.
someone once suggested that British cuisine is a contradiction in terms.
G W Shrub
"Sarah Branson" <sarah....@informationcommissioner.gov.uk> wrote in
message news:xn0dy5ib...@127.0.0.1...
> > By the way, you Brits need to learn how to cook,
> > dining in London is worse than death by booga booga.
> someone once suggested that British cuisine is a contradiction in terms.
I used to go into cafes there and sit down. The waitress would ask me, "What
would you like today, sir"?
I would reply, "What do you have that doesn't come with chips"? They would
often look confused.
I worked in one herring plant in Ireland where I noticed they were
collecting all of the milt sacs from the male herring (obviously). I asked
why, because I had never seen that done before. They were quite evasive, but
eventually told me that they had customers for this. When pressed they told
me that several of the East Indian restaurants around the greater London
area used these as part of the stock for fish soups. Crossed fish soup off
my list of edible items forever.
--
GW
John Evleth
separated by a common language. Can't you speak proper english?
Sarah Branson
> Even Gates is doing a lot more in Euroland.
The EU has stopped him bundling Windows Media Player with Windows.
> > I guess the miserable weather in dreary ole England
> > has not helped your tiny brain to function.
>
> Was only there for 9 weeks several years ago. The much more
> miserable weather here doesn't seem to help or hurt any.
My sister lives in NJ. When it rains they tell her she must fell at
home.
It don't rain like that in Great Britain. Most of the time, it's more
like a fine mist.
Thing is, being an island, the weather changes more frequently. The
Sunday week ahead weather forecast, now they are reliable, will tell us
in winter, that on Tuesday we'll have rain, Thursday temperatures
touching 32°F (freezing) and it should be mild for Saturday.
It's better in Iceland. There they say if you don't like the weather,
wait half an hour.
I live in the wettest part of England (about). You can tell the
locals, because they do not use umbrellas or any rain protection.
They'll stand around talking in the rain. They're experts: it
evaporates quickly enough.
Sarah Branson
> I would reply, "What do you have that doesn't
> come with chips"? They would often look confused.
Well yes, it must be a surprise that we do not eat ice cream with
everything, like your country.
Am I mistaken, but should we not blame the Americas for inflicting the
potato, and hence the chip, on us?
> Crossed fish soup off my list of edible items forever.
I had wondered what that remark, about a week ago, meant. Fish soup is
not a British delight, but pea soup, and most disgusting it is too.
So we had to send ships around the world in search of spices. Rather
than pay, we colonised them.
Indian, and I suppose East Indian, cuisine is the most popular here,
though I cannot help thinking that, like Chop Suey, most of it is
invented in the UK.
I prefer Chinese, which means Cantonese, our Hong Kong colony was in
Canton. The Chinese say Cantonese food is the best, though being the
clever person I am, I have a theory that Peking Duck is not Cantonese.
(? It's not Beijing Duck is it, neither is it rhyming slang ?)
Sarah Branson
> Bill Gates would have got nowhere? Wow, I guess
> we are two peoples separated by a common language.
Bill Gates would have had nowhere to go had IBM stolen QDOS and Mr
Gates could appeal to a regulator.
Nowhere to go = no resolution available.
> Can't you speak proper english?
Certainly not. I'm English.
Don't you know? We let the Germans beat us at our national game,
soccer, because we beat them twice at their national sport.
G W Shrub
> Well yes, it must be a surprise that we do not eat ice cream with
> everything, like your country.
But pizza with chips on top?
> Am I mistaken, but should we not blame the Americas for inflicting the
> potato, and hence the chip, on us?
The Americas for the potato, the Belgians for the fry.
> > Crossed fish soup off my list of edible items forever.
> I had wondered what that remark, about a week ago, meant. Fish soup is
> not a British delight, but pea soup, and most disgusting it is too.
A good New England Clam Chowder is very nice in winter. Manhattan Clam
Chowder is not as nice.
--
GW
Sarah Branson
> But pizza with chips on top?
What do you suggest to kill off the taste of the pizza?
Admit that Yorkshire Pudding is nice, the big ones made by native
Yorkshire women? The Lancastrian equivalent, Black Pudding, is
revolting. Do you know that Tripe is a British food, not just an
insult?
> A good New England Clam Chowder is very nice in winter.
Are not Clams a form of sea food?
G W Shrub
> G W Shrub wrote:
> > But pizza with chips on top?
> What do you suggest to kill off the taste of the pizza?
Over here pizza is delicious. You wouldn't want to alter the taste.
> Admit that Yorkshire Pudding is nice, the big ones made by native
> Yorkshire women? The Lancastrian equivalent, Black Pudding, is
> revolting. Do you know that Tripe is a British food, not just an
> insult?
My granny did a nice tripe. She was a deft hand with the scones, too.
> > A good New England Clam Chowder is very nice in winter.
> Are not Clams a form of sea food?
But not East Indian.
--
GW
Sarah Branson
> Over here pizza is delicious. You
> wouldn't want to alter the taste.
Hence it is conceded that Great Britain leads the world in the battle
against obesity.
G W Shrub
> G W Shrub wrote:
> > Over here pizza is delicious. You
> > wouldn't want to alter the taste.
> Hence it is conceded that Great Britain leads the world in the battle
> against obesity.
Having eaten what passes for lasagne in UK cafes, I concur. Vile food does
rob the appetite.
--
GW
Sarah Branson
> Having eaten what passes for lasagne in UK cafes,
> I concur. Vile food does rob the appetite.
The service is so valuable, Her Britannic Majesty's Government levies
17.5% VAT (Sales Tax) on cafeteria food.
G W Shrub
> The service is so valuable, Her Britannic Majesty's Government levies
> 17.5% VAT (Sales Tax) on cafeteria food.
Her Britannic Majesty's Government is a bunch of mouth breathing knuckle
draggers. If you ever go to a really efficient US restaurant, not fancy but
fast, you'll never get over it.
One I remember fondly is 'Norms' in LA (http://www.googieart.com/Norms8.htm
is one of them). Sitting at the counter getting a massive meal for peanuts
and finishing the last bite of one course to have the next one slid right
under me makes the bumbling, stumbling incompetence of most British
Commonwealth cafes look like the operations at a chimp's birthday party.
Fawlty Towers anyone? Not that there aren't plenty of useless ones in the
USA either, but a fast well run one is a marvel to behold.
You know that clichéd picture of a US waitress with plates stacked up along
her arm? They actually do that there - really, I kid you not. If I ever
start a restaurant back home I'll hire a couple of those ladies to show the
locals how it's done.
--
GW
Sarah Branson
> If you ever go to a really efficient US restaurant,
> not fancy but fast, you'll never get over it.
I have. The word service does not seem to exist in the UK variant on
the English language.
In the US, they have this strange idea, that if you give someone a good
service, they will return and spend more of their money with you. In
the UK, maybe the Commonwealth, we know that if everyone sells rubbish,
the customer has no choice.
Donna Evleth
Dans l'article <G5hNd.10026$L_3.9672@clgrps13>, "G W Shrub" <wh...@my.house>
a écrit :
>
> A good New England Clam Chowder is very nice in winter. Manhattan Clam
> Chowder is not as nice.
> --
> GW
Manhattan Clam Chowder is definitely not as nice. The tomatoes spoil the
taste of the clams. In my opinion, New England is the only possible Clam
Chowder.
Donna Evleth
>
richj
"Donna Evleth" <dev...@wanadoo.fr> wrote in message
news:42092e6b$0$19406$8fcf...@news.wanadoo.fr...
Have you ever tried New England cod chowder? (or with any good saltwater
fish, for that matter) I make a mean chowder out of redfish.
Telon
Earl Evleth
<ric...@hotmail.com> wrote:
> Have you ever tried New England cod chowder? (or with any good saltwater
> fish, for that matter) I make a mean chowder out of redfish.
Last night we went out for paella but I had a soupe de poisson first.
This also has added cheese (grated swiss) and croutons with rouille
on it. Rouille is "rust", a mayonnaise type sauce with a rust
color.
Of course the French also have the famous bouillabaisse which is varied in
quality, sometimes very good, and very bad.
I like both kinds of chowder and it I see in on a menu in the US
will order it. But it too is of varied quality. I like hunks of
clam and some of the restaurants serve a homogenized something
with no discernable clams or much of a taste. If I get a "bad" chowder
I just shrug my shoulders, most of it is industrialized, out of the large
cans you see in restaurant kitchen. Most of France's lower price
restaurants also use industrialized products so it is general.
Actually industrialized products can be good, but if a place is
trying to control costs at the expensive of quality you get
lower quality stuff.
The French used to have soup a dinner, the name being "souper"
from which, I suppose, the English word supper is derived.
There is the slang term, a bit dated now, "a la soupe", which
I sometimes explain to people why Gaston is eager to get home
from a walk. Although "soupe" is usually pronounced more like
"soup-eh", light at the end, the older way would be "sou-pah" with
emphasis on the pah. French accents vary widely regionally which
is why there is no correct French way to pronounce something, although
there is a wrong way. English speakers might pronounce "Gare", railway
station", like "Guerre" (war). In fact I wrote up a short bit
on "Take me to the War in Lyon"
Earl
****
THE WAR IN LYON
One of the difficulties of high school French is that it is quickly
forgotten and probably never really learned. Two years of the
stuff at the age of 16-17 evaporates by the time one is 40 or 50.
The most difficult part of the language is
that even familiar words are not pronounced the same. The Europeans`
pronunciation of the alphabet from Ah to Zed is already different than
the American (A as in hey, to Z as in Zee). About 30% of French
vocabulary uses the same words as in English, but the pronunciations are
different . Nation. In American English it is pronounced as "nay-shun" and
in French as 'nah-cee-own". More or less..
One of the most common errors English speakers make is when they jump into
a cab and mutter "guerre de Lyon" when they want to go to Lyon train
station in Paris; The driver usually understands since he or she has
encountered it thousands of times; The French ear wants to hear "Gare"
(train station) which rhymes with the English word "bar", not "guerre"
(war) which rhymes with "bear".
Historically Lyon is not known for its wars. It escaped being a battle zone
in WWI and WWII although was an active site for the resistance. My French
history is poor but I remember no famous battle in the region. Certainly it
has escaped modern military attention so asking the taxi driver to take you
to any contemporary conflict in the region will fail and lead him to let
you off at the Gare to Lyon. This successful arrival will deceptively lead
you to believe that your French is not that bad at all, perfect in fact
since your desired destination has been reached.
The above subject popped into my head because of the Gare de Austerlitz and
the habit of Europeans to name train stations after famous victorious
battles in history. Napoleon, a war criminal from a few centuries back,
actually won a battle at Austerlitz which the French have not forgotten.
The bottom line battle of his career, however, was at Waterloo. He lost.
There is no Waterloo station in Paris, or elsewhere in France. To find this
train station one will have to go to London, where they still crow about
the job they did on Napoleon. Note, however the Brits have no train station
named after the battle at Yorktown (which they lost to the French, with
some minor help from the Americans). On the other hand, the Paris
Gare du Nord (North) and Gare de l'Est (East) could be taken in a general
sense when it comes to wars, since both of those regions have had so many
of them.
The Americans, believing that history is bunk, have never, to my knowledge,
named any train station after a battle. The Americans, however, never
have had a clear idea on which battles or wars they won or lost. The war of
1812 did not go that well, and the Alamo was a defeat. Pearl Harbor rallied
the nation, Corregidor and the loss of the Philippines was a historical
incident. True, Vietnam is not a proud moment in the nation's history, but
history never influenced train station naming as in Europe.
Anyway, you can be assured that the French will accept your bad French
gladly if they can get an inkling of an idea of what you are trying to buy
from them. The exchange of money greases the tracks of international
exchange and good will. Pronunciation is secondary.
Donna Evleth
> From: "richj" <ric...@hotmail.com>
> Newsgroups: alt.activism.death-penalty
> Date: Tue, 8 Feb 2005 19:54:37 -0600
> Subject: Re: The Ownership Society-Pied Piper at work
Why do you keep torturing me with remarks like this? You're mean:-)
Donna Evleth
>
>
richj
Why be tortured? It's quite easily made, Donna. Would you like the recipe?
Teflon
>>
>>
>
Donna Evleth
> From: "richj" <ric...@hotmail.com>
> Newsgroups: alt.activism.death-penalty
> Date: Mon, 14 Feb 2005 15:35:44 -0600
Yes.
Donna Evleth
>>>
>>>
>>
>
>