Why saving money won’t help the American economy

To continue boring the crap out of my visitors…..I will remain on the economics thing…..sorry must feel it must be said……

Whenever some economists get together they put out a call for more Americans to save so that there will be an increase of investing and that way the economy will get into high gear and we all will benefit……

Not so fast…..that is just a pipe dream sold to those uninformed…….it is at best propaganda ……at worst Bullsh*t!


Why saving money won’t help the American economy.

Grow, Grow, Let It Grow

Native Americans have been crapped on for over 200 years…..whites have hunted then for sport, stole their land, suppressed their culture and starved them……how could they ever rebound from the mass persecution?

First, it was cigarette sells that offered some minor cash compensation….then came gambling which offered a better compensation package….what more could they possibly do to become more self-sufficient?

It seems what began in Colorado has grown into a multimillion dollar industry and spread quickly to other states….but now Native Americans have another weapon at their disposal……MARIJUANA!

Could tribal marijuana be as big a moneymaker as tribal casinos? The federal government has cleared the way for Native American tribes across the country to grow and sell marijuana on their land, reports the AP. The Justice Department says growing and selling will be allowed on reservations—even in states where the drug remains illegal—as long as the tribes follow the same federal guidelines in place in states that have legalized marijuana, including not selling it to minors and not transporting it to areas where it’s outlawed.

“The tribes have the sovereign right to set the code on their reservations,” the US attorney for North Dakota tells the Los Angeles Times. Pot grown on reservations won’t be subject to federal or state taxes, but it’s not clear how many tribes will go into the marijuana business: Many oppose legalization, and the Yakama Nation in Washington state, where pot is legal, has banned it on the reservation. The US attorney for Oregon says that so far, only three tribes of the 566 across the country have shown any interest.

Grow, Grow, Let It Grow!

McKinsey Article Lays Out How to Rethink Capitalism – US News

American capitalism is killing the American Dream…..it is crapping all over those who actually have to work…..call me anything you like….communist, socialist, anarchist….I do not much care as long as you pull your head out of your butt and take a good look at the damage capitalism is doing to the average American family.

Capitalism can work but it needs re-doing……..a task few are unwilling to sow the guts to even consider much less attempt……


McKinsey Article Lays Out How to Rethink Capitalism – US News.

American CEOs Should Learn A Lesson

I am not much one for keeping an eye on Asia….my international interests are more of the Middle East and North Africa……but a recent article I read made me stop and think…..

We take a step back…….our most recent economic crisis was caused by corporations and banks…..and as usual the CEOs went before Congress and blamed everyone and everything but themselves for the crash…..just once I would like to hear one of these thieves admit to bad decisions and take responsibility for their actions……of course that is a pipe dream of mine that will NEVER happen for the government is owned by these toads and they will be allowed to get away with wholesale thief….corporate money well spent, right?

But I read an article the other day and made me think…….

(Newser) – A decaying body found in a plum field is that of the fugitive billionaire who owned a ferry that sank in April, South Korean cops have confirmed. Yoo Byung-un, patriarch of the family that owned the ferry operator, went on the run soon after the Sewol sank and had been the subject of the country’s biggest-ever manhunt, reports the Guardian. Police say DNA and fingerprints have confirmed the identity of the body that was found last month, soon after police raided a compound belonging to a Christian splinter group, of which Yoo was a leading member.

The 73-year-old was wanted for questioning on charges including embezzlement and criminal negligence, and many of his family members have already been arrested, including his wife, the BBC reports. His eldest son is still on the run. The number of dead from the Sewol disaster stands at 294—most of them high school students—and 10 people are still listed as missing. After the sinking, investigators found that the ferry was routinely and severely overloaded. Company officials are now on trial—a separate trial than that of the ferry captain and crew members, who were charged with murder.

Not a bad idea…..if you f*ck up take responsibility and commit suicide……at least the Asian, for the most part, take responsibility for the disasters they cause…..maybe the CEOs should take a page out of this play book and do the honorable thing and fall on their sword.


Fomenting a Revolution: Extreme Acts of Greed Against the American People | Common Dreams

Economics could well be the ground on which a new American revolution will stand……..the gap widens every year between the “haves and the have nots”…..and that has been the battlefield for centuries…….could it be?


Fomenting a Revolution: Extreme Acts of Greed Against the American People | Common Dreams.