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Allan from Fallbrook.
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August 16, 2011 at 9:09 PM #721415August 16, 2011 at 9:40 PM #720213
Arraya
Participant[quote=briansd1]
Jimmy Carter had a vision of a more peaceful society centered more on thrift and kindness for one another. Reagan proposed a bad-ass cowboy society and unleashed the debt mania that resulted in the 2008 financial crisis.[/quote]
I kind of agree with this. Carter pissed too many people off – he still does.
And Reagan was definitely a turning point or I would say a direction that was embraced by the upper .01% with the milton freidman neoliberal revolution – which is still ideologically being played out today – more or less.
August 16, 2011 at 9:40 PM #720305Participant[quote=briansd1]
Jimmy Carter had a vision of a more peaceful society centered more on thrift and kindness for one another. Reagan proposed a bad-ass cowboy society and unleashed the debt mania that resulted in the 2008 financial crisis.[/quote]
I kind of agree with this. Carter pissed too many people off – he still does.
And Reagan was definitely a turning point or I would say a direction that was embraced by the upper .01% with the milton freidman neoliberal revolution – which is still ideologically being played out today – more or less.
August 16, 2011 at 9:40 PM #720905Participant[quote=briansd1]
Jimmy Carter had a vision of a more peaceful society centered more on thrift and kindness for one another. Reagan proposed a bad-ass cowboy society and unleashed the debt mania that resulted in the 2008 financial crisis.[/quote]
I kind of agree with this. Carter pissed too many people off – he still does.
And Reagan was definitely a turning point or I would say a direction that was embraced by the upper .01% with the milton freidman neoliberal revolution – which is still ideologically being played out today – more or less.
August 16, 2011 at 9:40 PM #721062Participant[quote=briansd1]
Jimmy Carter had a vision of a more peaceful society centered more on thrift and kindness for one another. Reagan proposed a bad-ass cowboy society and unleashed the debt mania that resulted in the 2008 financial crisis.[/quote]
I kind of agree with this. Carter pissed too many people off – he still does.
And Reagan was definitely a turning point or I would say a direction that was embraced by the upper .01% with the milton freidman neoliberal revolution – which is still ideologically being played out today – more or less.
August 16, 2011 at 9:40 PM #721425Participant[quote=briansd1]
Jimmy Carter had a vision of a more peaceful society centered more on thrift and kindness for one another. Reagan proposed a bad-ass cowboy society and unleashed the debt mania that resulted in the 2008 financial crisis.[/quote]
I kind of agree with this. Carter pissed too many people off – he still does.
And Reagan was definitely a turning point or I would say a direction that was embraced by the upper .01% with the milton freidman neoliberal revolution – which is still ideologically being played out today – more or less.
August 17, 2011 at 4:07 PM #720512briansd1
GuestSo Baron Keynes has been very prescient. He was right on the paradox of thrift and money in general.
Araya, I’m surprised you didn’t quote Keynes on money and pathology earlier.
Pay special heed to the last two sentences. I’m afraid we are stuck with what we have for a while still.
When the accumulation of wealth is no longer of high social importance, there will be great changes in the code of morals. We shall be able to rid ourselves of many of the pseudo-moral principles which have hag-ridden us for two hundred years, by which we have exalted some of the most distasteful of human qualities into the position of the highest virtues. We shall be able to afford to dare to assess the money-motive at its true value. The love of money as a possession — as distinguished from the love of money as a means to the enjoyments and realities of life — will be recognised for what it is, a somewhat disgusting morbidity, one of those semi-criminal, semi-pathological propensities which one hands over with a shudder to the specialists in mental disease … But beware! The time for all this is not yet. For at least another hundred years we must pretend to ourselves and to everyone that fair is foul and foul is fair; for foul is useful and fair is not. Avarice and usury and precaution must be our gods for a little longer still. For only they can lead us out of the tunnel of economic necessity into daylight.
http://myfamilysmoney.com/quotes/29/john-maynard-keynes-when-the-accumulation-of-wealth/
August 17, 2011 at 4:07 PM #720603GuestSo Baron Keynes has been very prescient. He was right on the paradox of thrift and money in general.
Araya, I’m surprised you didn’t quote Keynes on money and pathology earlier.
Pay special heed to the last two sentences. I’m afraid we are stuck with what we have for a while still.
When the accumulation of wealth is no longer of high social importance, there will be great changes in the code of morals. We shall be able to rid ourselves of many of the pseudo-moral principles which have hag-ridden us for two hundred years, by which we have exalted some of the most distasteful of human qualities into the position of the highest virtues. We shall be able to afford to dare to assess the money-motive at its true value. The love of money as a possession — as distinguished from the love of money as a means to the enjoyments and realities of life — will be recognised for what it is, a somewhat disgusting morbidity, one of those semi-criminal, semi-pathological propensities which one hands over with a shudder to the specialists in mental disease … But beware! The time for all this is not yet. For at least another hundred years we must pretend to ourselves and to everyone that fair is foul and foul is fair; for foul is useful and fair is not. Avarice and usury and precaution must be our gods for a little longer still. For only they can lead us out of the tunnel of economic necessity into daylight.
http://myfamilysmoney.com/quotes/29/john-maynard-keynes-when-the-accumulation-of-wealth/
August 17, 2011 at 4:07 PM #721204GuestSo Baron Keynes has been very prescient. He was right on the paradox of thrift and money in general.
Araya, I’m surprised you didn’t quote Keynes on money and pathology earlier.
Pay special heed to the last two sentences. I’m afraid we are stuck with what we have for a while still.
When the accumulation of wealth is no longer of high social importance, there will be great changes in the code of morals. We shall be able to rid ourselves of many of the pseudo-moral principles which have hag-ridden us for two hundred years, by which we have exalted some of the most distasteful of human qualities into the position of the highest virtues. We shall be able to afford to dare to assess the money-motive at its true value. The love of money as a possession — as distinguished from the love of money as a means to the enjoyments and realities of life — will be recognised for what it is, a somewhat disgusting morbidity, one of those semi-criminal, semi-pathological propensities which one hands over with a shudder to the specialists in mental disease … But beware! The time for all this is not yet. For at least another hundred years we must pretend to ourselves and to everyone that fair is foul and foul is fair; for foul is useful and fair is not. Avarice and usury and precaution must be our gods for a little longer still. For only they can lead us out of the tunnel of economic necessity into daylight.
http://myfamilysmoney.com/quotes/29/john-maynard-keynes-when-the-accumulation-of-wealth/
August 17, 2011 at 4:07 PM #721359GuestSo Baron Keynes has been very prescient. He was right on the paradox of thrift and money in general.
Araya, I’m surprised you didn’t quote Keynes on money and pathology earlier.
Pay special heed to the last two sentences. I’m afraid we are stuck with what we have for a while still.
When the accumulation of wealth is no longer of high social importance, there will be great changes in the code of morals. We shall be able to rid ourselves of many of the pseudo-moral principles which have hag-ridden us for two hundred years, by which we have exalted some of the most distasteful of human qualities into the position of the highest virtues. We shall be able to afford to dare to assess the money-motive at its true value. The love of money as a possession — as distinguished from the love of money as a means to the enjoyments and realities of life — will be recognised for what it is, a somewhat disgusting morbidity, one of those semi-criminal, semi-pathological propensities which one hands over with a shudder to the specialists in mental disease … But beware! The time for all this is not yet. For at least another hundred years we must pretend to ourselves and to everyone that fair is foul and foul is fair; for foul is useful and fair is not. Avarice and usury and precaution must be our gods for a little longer still. For only they can lead us out of the tunnel of economic necessity into daylight.
http://myfamilysmoney.com/quotes/29/john-maynard-keynes-when-the-accumulation-of-wealth/
August 17, 2011 at 4:07 PM #721724GuestSo Baron Keynes has been very prescient. He was right on the paradox of thrift and money in general.
Araya, I’m surprised you didn’t quote Keynes on money and pathology earlier.
Pay special heed to the last two sentences. I’m afraid we are stuck with what we have for a while still.
When the accumulation of wealth is no longer of high social importance, there will be great changes in the code of morals. We shall be able to rid ourselves of many of the pseudo-moral principles which have hag-ridden us for two hundred years, by which we have exalted some of the most distasteful of human qualities into the position of the highest virtues. We shall be able to afford to dare to assess the money-motive at its true value. The love of money as a possession — as distinguished from the love of money as a means to the enjoyments and realities of life — will be recognised for what it is, a somewhat disgusting morbidity, one of those semi-criminal, semi-pathological propensities which one hands over with a shudder to the specialists in mental disease … But beware! The time for all this is not yet. For at least another hundred years we must pretend to ourselves and to everyone that fair is foul and foul is fair; for foul is useful and fair is not. Avarice and usury and precaution must be our gods for a little longer still. For only they can lead us out of the tunnel of economic necessity into daylight.
http://myfamilysmoney.com/quotes/29/john-maynard-keynes-when-the-accumulation-of-wealth/
August 17, 2011 at 5:36 PM #720527ParticipantHuh, I hadn’t seen that one.
Well he died in the 40s, so 100 years is right in line with Arraya prophecy;) We’re surely on the down slope here in the west.
August 17, 2011 at 5:36 PM #720619ParticipantHuh, I hadn’t seen that one.
Well he died in the 40s, so 100 years is right in line with Arraya prophecy;) We’re surely on the down slope here in the west.
August 17, 2011 at 5:36 PM #721219ParticipantHuh, I hadn’t seen that one.
Well he died in the 40s, so 100 years is right in line with Arraya prophecy;) We’re surely on the down slope here in the west.
August 17, 2011 at 5:36 PM #721374ParticipantHuh, I hadn’t seen that one.
Well he died in the 40s, so 100 years is right in line with Arraya prophecy;) We’re surely on the down slope here in the west.
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