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ParticipantToo bad he didn’t put a video like this out in Spring 2008 when he said he took his buddies on a trip to Dubai to warn them that things were about to crash. Something smells fishy here.
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ParticipantThere is already one coffee table book of photographs of the ruins of Detroit, and another one will be released soon.
And we all know where this thread is going, so I’ll save everyone the time and summarize the posts that will undoubtedly show up here:
1) Detroit auto workers are lazy and overpaid.
2) Detroit deserves what happens to it because the workers were in unions.
3) Unions killed Detroit.
4) Americans are too lazy and stupid to compete with Asian automakers.
5) American cars were crappy anyway, unlike my new Lexus.
Any other opinions about what happened to Detroit will be countered with furious and verbose defenses of arguments 1-5.
blahblahblah
ParticipantThere is already one coffee table book of photographs of the ruins of Detroit, and another one will be released soon.
And we all know where this thread is going, so I’ll save everyone the time and summarize the posts that will undoubtedly show up here:
1) Detroit auto workers are lazy and overpaid.
2) Detroit deserves what happens to it because the workers were in unions.
3) Unions killed Detroit.
4) Americans are too lazy and stupid to compete with Asian automakers.
5) American cars were crappy anyway, unlike my new Lexus.
Any other opinions about what happened to Detroit will be countered with furious and verbose defenses of arguments 1-5.
blahblahblah
ParticipantThere is already one coffee table book of photographs of the ruins of Detroit, and another one will be released soon.
And we all know where this thread is going, so I’ll save everyone the time and summarize the posts that will undoubtedly show up here:
1) Detroit auto workers are lazy and overpaid.
2) Detroit deserves what happens to it because the workers were in unions.
3) Unions killed Detroit.
4) Americans are too lazy and stupid to compete with Asian automakers.
5) American cars were crappy anyway, unlike my new Lexus.
Any other opinions about what happened to Detroit will be countered with furious and verbose defenses of arguments 1-5.
blahblahblah
ParticipantThere is already one coffee table book of photographs of the ruins of Detroit, and another one will be released soon.
And we all know where this thread is going, so I’ll save everyone the time and summarize the posts that will undoubtedly show up here:
1) Detroit auto workers are lazy and overpaid.
2) Detroit deserves what happens to it because the workers were in unions.
3) Unions killed Detroit.
4) Americans are too lazy and stupid to compete with Asian automakers.
5) American cars were crappy anyway, unlike my new Lexus.
Any other opinions about what happened to Detroit will be countered with furious and verbose defenses of arguments 1-5.
blahblahblah
ParticipantThere is already one coffee table book of photographs of the ruins of Detroit, and another one will be released soon.
And we all know where this thread is going, so I’ll save everyone the time and summarize the posts that will undoubtedly show up here:
1) Detroit auto workers are lazy and overpaid.
2) Detroit deserves what happens to it because the workers were in unions.
3) Unions killed Detroit.
4) Americans are too lazy and stupid to compete with Asian automakers.
5) American cars were crappy anyway, unlike my new Lexus.
Any other opinions about what happened to Detroit will be countered with furious and verbose defenses of arguments 1-5.
August 14, 2010 at 11:32 AM in reply to: Boston U. Econ. Prof. calculates $202 Trillion US Fiscal Gap #590784blahblahblah
Participant[quote=davelj] Everyone else should plan on working in some manner until they are no longer mentally/physically able. Last time I checked, a “leisurely retirement” was not a birthright. It is largely a fiction that’s been perpetuated by a long-building asset bubble (still popping) and unfunded (in reality) government programs like Social Security (which is really just a disguised portion of the credit bubble).[/quote]
My mom is 74 and receives SS benefits of about $1200 a month. She is really enjoying her “leisurely retirement” on this princely sum, especially after paying into the system for 40 years or more. I’m sure you’ll tell me that her situation is entirely her fault and that she should have saved more. Perhaps that is true, but she paid into it for four decades. I love how SS is now becoming this huge luxury after its been in place since the 30s.
August 14, 2010 at 11:32 AM in reply to: Boston U. Econ. Prof. calculates $202 Trillion US Fiscal Gap #590878blahblahblah
Participant[quote=davelj] Everyone else should plan on working in some manner until they are no longer mentally/physically able. Last time I checked, a “leisurely retirement” was not a birthright. It is largely a fiction that’s been perpetuated by a long-building asset bubble (still popping) and unfunded (in reality) government programs like Social Security (which is really just a disguised portion of the credit bubble).[/quote]
My mom is 74 and receives SS benefits of about $1200 a month. She is really enjoying her “leisurely retirement” on this princely sum, especially after paying into the system for 40 years or more. I’m sure you’ll tell me that her situation is entirely her fault and that she should have saved more. Perhaps that is true, but she paid into it for four decades. I love how SS is now becoming this huge luxury after its been in place since the 30s.
August 14, 2010 at 11:32 AM in reply to: Boston U. Econ. Prof. calculates $202 Trillion US Fiscal Gap #591416blahblahblah
Participant[quote=davelj] Everyone else should plan on working in some manner until they are no longer mentally/physically able. Last time I checked, a “leisurely retirement” was not a birthright. It is largely a fiction that’s been perpetuated by a long-building asset bubble (still popping) and unfunded (in reality) government programs like Social Security (which is really just a disguised portion of the credit bubble).[/quote]
My mom is 74 and receives SS benefits of about $1200 a month. She is really enjoying her “leisurely retirement” on this princely sum, especially after paying into the system for 40 years or more. I’m sure you’ll tell me that her situation is entirely her fault and that she should have saved more. Perhaps that is true, but she paid into it for four decades. I love how SS is now becoming this huge luxury after its been in place since the 30s.
August 14, 2010 at 11:32 AM in reply to: Boston U. Econ. Prof. calculates $202 Trillion US Fiscal Gap #591524blahblahblah
Participant[quote=davelj] Everyone else should plan on working in some manner until they are no longer mentally/physically able. Last time I checked, a “leisurely retirement” was not a birthright. It is largely a fiction that’s been perpetuated by a long-building asset bubble (still popping) and unfunded (in reality) government programs like Social Security (which is really just a disguised portion of the credit bubble).[/quote]
My mom is 74 and receives SS benefits of about $1200 a month. She is really enjoying her “leisurely retirement” on this princely sum, especially after paying into the system for 40 years or more. I’m sure you’ll tell me that her situation is entirely her fault and that she should have saved more. Perhaps that is true, but she paid into it for four decades. I love how SS is now becoming this huge luxury after its been in place since the 30s.
August 14, 2010 at 11:32 AM in reply to: Boston U. Econ. Prof. calculates $202 Trillion US Fiscal Gap #591836blahblahblah
Participant[quote=davelj] Everyone else should plan on working in some manner until they are no longer mentally/physically able. Last time I checked, a “leisurely retirement” was not a birthright. It is largely a fiction that’s been perpetuated by a long-building asset bubble (still popping) and unfunded (in reality) government programs like Social Security (which is really just a disguised portion of the credit bubble).[/quote]
My mom is 74 and receives SS benefits of about $1200 a month. She is really enjoying her “leisurely retirement” on this princely sum, especially after paying into the system for 40 years or more. I’m sure you’ll tell me that her situation is entirely her fault and that she should have saved more. Perhaps that is true, but she paid into it for four decades. I love how SS is now becoming this huge luxury after its been in place since the 30s.
August 13, 2010 at 2:27 PM in reply to: Boston U. Econ. Prof. calculates $202 Trillion US Fiscal Gap #590504blahblahblah
ParticipantClearly social security and medicare must be abolished.
Of course SSDI and MDCR payroll contributions will need to continue in order to fund government operations. Perhaps the acronyms can be re-assigned:
SSDI – Slave Servitude Debt Interest
MDCR – Mass Debt Community RepaymentAugust 13, 2010 at 2:27 PM in reply to: Boston U. Econ. Prof. calculates $202 Trillion US Fiscal Gap #591134blahblahblah
ParticipantClearly social security and medicare must be abolished.
Of course SSDI and MDCR payroll contributions will need to continue in order to fund government operations. Perhaps the acronyms can be re-assigned:
SSDI – Slave Servitude Debt Interest
MDCR – Mass Debt Community RepaymentAugust 13, 2010 at 2:27 PM in reply to: Boston U. Econ. Prof. calculates $202 Trillion US Fiscal Gap #591244blahblahblah
ParticipantClearly social security and medicare must be abolished.
Of course SSDI and MDCR payroll contributions will need to continue in order to fund government operations. Perhaps the acronyms can be re-assigned:
SSDI – Slave Servitude Debt Interest
MDCR – Mass Debt Community Repayment -
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