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ParticipantSome of us remember living in a world before Wal-Mart. Some of us remember living in a world where the average Joe had a good job and got by just fine. Many of the houses in San Diego were owned by average Joes at one time, they fed their families, sent their kids to college, paid off their houses, and took vacations to Yosemite and Las Vegas. That world is long gone. Is Wal-Mart to blame? I don’t think so, I think Wal-Mart is a symptom of the disease. The disease is (pick your term): globalization, privatization, neo-feudalism, NWO, etc… They all basically mean the same thing. Less for us and more for the guys at the top, who grow fewer in number and more powerful day by day.
Back to work, slaves!
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ParticipantIf you support Wal-Mart by shopping there, remember that someday you might be working there as well. That is, if you’re lucky enough to have a job at all.
You must be the change you wish to see in the world. – Ghandi
Do you wish for a future where everyone works for $9 an hour so that they can buy goods imported from countries that that have no labor, environmental, or food safety standards like China? Then by all means let Wal-Mart into your town and shop there.
Also, I love the argument about how Wal-Mart helps poor people. If we keep letting Wal-Mart help poor people, we will all soon join their ranks.
blahblahblah
ParticipantIf you support Wal-Mart by shopping there, remember that someday you might be working there as well. That is, if you’re lucky enough to have a job at all.
You must be the change you wish to see in the world. – Ghandi
Do you wish for a future where everyone works for $9 an hour so that they can buy goods imported from countries that that have no labor, environmental, or food safety standards like China? Then by all means let Wal-Mart into your town and shop there.
Also, I love the argument about how Wal-Mart helps poor people. If we keep letting Wal-Mart help poor people, we will all soon join their ranks.
blahblahblah
ParticipantIf you support Wal-Mart by shopping there, remember that someday you might be working there as well. That is, if you’re lucky enough to have a job at all.
You must be the change you wish to see in the world. – Ghandi
Do you wish for a future where everyone works for $9 an hour so that they can buy goods imported from countries that that have no labor, environmental, or food safety standards like China? Then by all means let Wal-Mart into your town and shop there.
Also, I love the argument about how Wal-Mart helps poor people. If we keep letting Wal-Mart help poor people, we will all soon join their ranks.
blahblahblah
ParticipantIf you support Wal-Mart by shopping there, remember that someday you might be working there as well. That is, if you’re lucky enough to have a job at all.
You must be the change you wish to see in the world. – Ghandi
Do you wish for a future where everyone works for $9 an hour so that they can buy goods imported from countries that that have no labor, environmental, or food safety standards like China? Then by all means let Wal-Mart into your town and shop there.
Also, I love the argument about how Wal-Mart helps poor people. If we keep letting Wal-Mart help poor people, we will all soon join their ranks.
blahblahblah
ParticipantIf you support Wal-Mart by shopping there, remember that someday you might be working there as well. That is, if you’re lucky enough to have a job at all.
You must be the change you wish to see in the world. – Ghandi
Do you wish for a future where everyone works for $9 an hour so that they can buy goods imported from countries that that have no labor, environmental, or food safety standards like China? Then by all means let Wal-Mart into your town and shop there.
Also, I love the argument about how Wal-Mart helps poor people. If we keep letting Wal-Mart help poor people, we will all soon join their ranks.
blahblahblah
ParticipantFor example, if a foreclosure appraises at 500K but a shrewd buyer negotiates a deal at 400K, a follow on buyer for a similar house will baseline his purchase price at 400K, not the correct 500K. In effect you have a circular death spiral in home prices to the benefit of the buyer.
Funny how no one complained about it when it was working the other way around. In a neighborhood of $400K houses, whenever any house on the block sold for $500K, everyone on the block was immediately $100K richer and would tell you all about it every chance they got. I guess it’s just not as much fun on the way down π
blahblahblah
ParticipantFor example, if a foreclosure appraises at 500K but a shrewd buyer negotiates a deal at 400K, a follow on buyer for a similar house will baseline his purchase price at 400K, not the correct 500K. In effect you have a circular death spiral in home prices to the benefit of the buyer.
Funny how no one complained about it when it was working the other way around. In a neighborhood of $400K houses, whenever any house on the block sold for $500K, everyone on the block was immediately $100K richer and would tell you all about it every chance they got. I guess it’s just not as much fun on the way down π
blahblahblah
ParticipantFor example, if a foreclosure appraises at 500K but a shrewd buyer negotiates a deal at 400K, a follow on buyer for a similar house will baseline his purchase price at 400K, not the correct 500K. In effect you have a circular death spiral in home prices to the benefit of the buyer.
Funny how no one complained about it when it was working the other way around. In a neighborhood of $400K houses, whenever any house on the block sold for $500K, everyone on the block was immediately $100K richer and would tell you all about it every chance they got. I guess it’s just not as much fun on the way down π
blahblahblah
ParticipantFor example, if a foreclosure appraises at 500K but a shrewd buyer negotiates a deal at 400K, a follow on buyer for a similar house will baseline his purchase price at 400K, not the correct 500K. In effect you have a circular death spiral in home prices to the benefit of the buyer.
Funny how no one complained about it when it was working the other way around. In a neighborhood of $400K houses, whenever any house on the block sold for $500K, everyone on the block was immediately $100K richer and would tell you all about it every chance they got. I guess it’s just not as much fun on the way down π
blahblahblah
ParticipantFor example, if a foreclosure appraises at 500K but a shrewd buyer negotiates a deal at 400K, a follow on buyer for a similar house will baseline his purchase price at 400K, not the correct 500K. In effect you have a circular death spiral in home prices to the benefit of the buyer.
Funny how no one complained about it when it was working the other way around. In a neighborhood of $400K houses, whenever any house on the block sold for $500K, everyone on the block was immediately $100K richer and would tell you all about it every chance they got. I guess it’s just not as much fun on the way down π
blahblahblah
ParticipantThe purpose of these tax credits and government interventions in the housing market is the same as their manipulations in the health insurance market. Since we no longer employ people in productive work making goods for export, we have to keep them busy pushing paper. By artificially raising the prices of both housing and health insurance, we are able to employ millions of paper-pushing bureaucrats and attorneys to do worthless tasks. Even though they work for ostensibly private companies, they are basically government bureaucrats since without government intervention their jobs would not exist. Any attempt to change this system will incite howls of protest from these “industries” as they fight to protect their jobs.
blahblahblah
ParticipantThe purpose of these tax credits and government interventions in the housing market is the same as their manipulations in the health insurance market. Since we no longer employ people in productive work making goods for export, we have to keep them busy pushing paper. By artificially raising the prices of both housing and health insurance, we are able to employ millions of paper-pushing bureaucrats and attorneys to do worthless tasks. Even though they work for ostensibly private companies, they are basically government bureaucrats since without government intervention their jobs would not exist. Any attempt to change this system will incite howls of protest from these “industries” as they fight to protect their jobs.
blahblahblah
ParticipantThe purpose of these tax credits and government interventions in the housing market is the same as their manipulations in the health insurance market. Since we no longer employ people in productive work making goods for export, we have to keep them busy pushing paper. By artificially raising the prices of both housing and health insurance, we are able to employ millions of paper-pushing bureaucrats and attorneys to do worthless tasks. Even though they work for ostensibly private companies, they are basically government bureaucrats since without government intervention their jobs would not exist. Any attempt to change this system will incite howls of protest from these “industries” as they fight to protect their jobs.
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