tag:blogger.com,1999:blog-316774933262163695.post328419311115169099..comments2023-10-11T08:31:50.397-04:00Comments on moneythoughts: Wholesale Fraud By Wall Streetmoneythoughtshttp://www.blogger.com/profile/08462893426608294171noreply@blogger.comBlogger3125tag:blogger.com,1999:blog-316774933262163695.post-31363991131254279072009-05-28T09:27:17.937-04:002009-05-28T09:27:17.937-04:00There are a few of us speaking about the same issu...There are a few of us speaking about the same issues, but the cable and network news will not discuss these issues because they are not sexy enough. It is not about informing, but rather about entertaining. We know this, soft news and sexy BS stuff gets the play. There are smarter and better researched guys out there with better credentials than me, and they are not being given an opportunity to talk either. But, we must just keep hammering away, maybe we get lucky.moneythoughtshttps://www.blogger.com/profile/08462893426608294171noreply@blogger.comtag:blogger.com,1999:blog-316774933262163695.post-69247066408023065602009-05-28T09:10:30.100-04:002009-05-28T09:10:30.100-04:00Unfortunately, one voice out of 300 million has li...Unfortunately, one voice out of 300 million has little purchase on the mindset of those in Congress. We need to find a way to put voices together, into a louder chorus, so that they are heard, and attended to.Anonymoushttps://www.blogger.com/profile/13024392628362568010noreply@blogger.comtag:blogger.com,1999:blog-316774933262163695.post-37970318771826053732009-05-27T18:19:28.903-04:002009-05-27T18:19:28.903-04:00Property taxes are one thing, but think about the ...Property taxes are one thing, but think about the poor person who needs to make house payments in this inflated market. If you just owe the property taxes on a $350,000 home, you are lucky compared to the person who has to make mortgage payments on that amount plus the taxes and utilities.<br /><br />On the other side of that coin are the lucky people who sold a house at the right time. Like finding the Van Gogh painting. Many could retire early by just downsizing into a smaller house. <br /><br />Enough ordinary people have benefited from this before the 2008 crash that the system remained viable politically. Still, it wasn't sustainable. <br /><br />Also, here is another thought worth contemplation. <br /><br />Van Gogh, who created that "wealth" of paintings was not rewarded much for it monetarily. He died poor. <br /><br />Where's the monetary incentive to create great art? <br /><br />Van Gogh created great art, but never received the reward. Since his death, that reward has gone to art dealers. Not the artist himself. <br /><br />Life is never fair, I guess. <br /><br />One big assumption of our system is reward for work well done thus encouraging even more productivity. Well, Van Gogh got little reward, but the art dealers of today reap that reward. It's skewed.<br /><br />Of course, at the time of Van Gogh, people didn't really value his work. Value is arbitrary also.Theslowlane Robert Ashworthhttps://www.blogger.com/profile/10082164332880198884noreply@blogger.com