Termyn8or
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Joined: 11/12/2005
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We have heard this before. Henry Ford was among the first to pay really good wages to his employees. It became possible because of his advancements in productivity. He made money, but he is one of the few who really deserved it. Production lines were already around, but his refinements were enough to allow him to pay an exceptional wage for the time, and have a company with healthy profits.
Another day another dollar. Now I consider about $100-150 a day a decent living wage. At five days a week around $30K a year. This is a minimum if you want to buy a house, have any savings at all or have a vice or two to support.
If you compare the value of a dollar today with the value of a 1930s dollar it is worth about a nickel. Therefore you need to make $200 a day to make a dollar a day.
That would be $25 an hour for an eight hour day. Now they take taxes out and this puts you into the $50,000 a year bracket. To take home $200, or one real dollar per day you would have to make considerably more.
We bought this house in 1989 for $20,000. Without even washing the windows I could get $60,000 in a heartbeat. In 1989 a pack of smokes was about $1.33 (between a buck and a buck and a half) and now they cost $4 a pack. Pretty much the same ratio.
Disposables have not followed the same trend because they continually improve their cost/price ratio. For example a color TV used to be over $1,000, what does one cost now ? I would rather have a car that cost $10,000 in 1987 rather than one that cost the same amount in 2006 for that reason. Also note that the $1,000 color TV in the fifties would cost ten times that to build now. Audiophiles know that any high quality tube amp costs thousands now. Older technology is valuable.
See, friends, it is my considered and educated opinion that certain real property does not change value. It is the dollar that changes value. While things do get cheaper becuse of advancements in assembly line technology, as well as procurement of raw materials (wars) some things will go down in price. As manufacturers procure cheap offshore labor (sometimes by war) prices go down on disposable comsumer goods. They are labor intenive and supporting an Americam worker is not feasible when manufacturing certain products.
How did this happen ? Ask your government. I hope the Chinese stab them in the back, because they gave them the power to do so. Letting them buy US securities was the stupidest thing they've done in a long time. They could collapse the US economy with the stroke of a pen.
A ten cent ice cream cone is how much ? Is it really worth 20 times what it used to be ? The way I see it is my house is still worth $20,000 but I wouldn't sell it for less than $60,000 FRNs (federal reverse notes).
Back when We The People controlled the value of the currency nobody got screwed. The value was in our goods and services, that is the portion we decided to sell. Now the government and the federal reserve dictate whay our 'money' is worth. That means it is scrip, and you never own scrip. Scrip is a modicum of exchange between soldiers in a war zone, because they may not be able to obtain what they want locally. It's value as well as it's usage is regulated. If that is true (which it is) you do not own it. You are simpy allowed to posses it and use it, within their guidlines of course.
Slave. That's what it means, and the cashless society is a step in that direction.
A soldier is a true slave, unlike someone, kink or not, who enslaves someone with their consent, these real slaves must kill people who never hurt them or theirs. They might be an upper echelon slave, but they are way more enslaved than someone who cleans your house or even licks your boots. They are willing to die.
Every soldier who comes back from Iraq is going to die a slow and horrible death because of the use of depleted uranium weapons. It's in the air. Now it seems their masters have deemed them expendable. They cut vet's benefits as we speak, they don't want to give We The People anything.
I think government officials should be barred from owning ANY foreign currency. Oh yes, Greenspan and all of them have accounts not measure in dollars, but in Pounds, Shekels, Rubles, who knows what else.
If any of you think that the people who have a direct impact on the value of our currency should be forced to live with it, in other words if you deflate our savings you are doing the same thing to yourself, or even milder, make government officials use social security for retirement with the rest of us, raise your hand. They can bankrupt our retirement with no ill effects to theirs. Is this fair ? Is it fair for them to PURPOSELY devaluate the dollar over which they have control while insulated from the effects by speculating on foreign currency ? We The People creaed this wealth !
These are serious issues. These things happen all day long.What are we going to do ?
Over twenty years ago I burned over half of a twenty dollar bill at a poker game. I siad it was not my night and I was bowing out. It was my house. I still have that bill, now if I sent it to the treasury and got a replacement, would it be worth half ? About 20 years, is it worth half or am I better off just keeping the bill ? Money is worthless after all, it is only the agreed upon value that makes it worth anything.
Give it some thought. I have and am not pleased. What about you ?
T
(I have run over he ten paragraph limit, but I started this, so I have 'license')
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Another day another dollar ? - 
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