okay once again
why do the wally boyz
want prudent god fearing
sober plebs
and even a few kulack proles
to save?
and
I mean really save?
-----------------------------------------
TO TURN DREAMS INTO REEMS
============================
its oh so very very simple
this fuckle buck
will
number one
get
the masses to live on less grub
and
while
these virtuous geeps
are bizzy belt tightenin'
the topply tower dwellers
are free to figure out
the latest better way
a huge chunk
of these fruits
of sacrifice
by homers everywhere
these countless postponements
of today's pleasures
can sometime tomorrow
end up perminently
in
the hands of experts
---------------------------------------
to hook or to crook?
that is wall street's
perrenial question
whether
t'is noblerr
to do it
by way of false promises
or
stay simple
and
do it " old fashion style"
by way of raw
and naked theft
============================
look at it this way
inducing losers to "save"
can be even better
then taxing them
why?
cause
this way
they think they still
own the dough
till they find out its gone
and that can be years and years
the drill here is easy enough
homer sees
the money
go in his 401 kkk
or whatever
and
he figures its still there
and it is
sort of
------------------------------------------
oh by the way
to avoid a mix up here
remember
two
mutually contradictory outcomes
are still posible here
even with some investing by homer
we got to lok at the big picture
first off
the boob can be
saving
with his right hand
and
borrowing it back
with his left one
maybe even borrowing more back
for the purposes of this post
lets not
look at this outcome
lets only
look at a positive savings
outcome
a positive net result
------------------------------------------
what if....
what if
all the fucking Homers
when aggregated together
actually as a klass
started saving more
and
borroweing less
ie
cut their actual
standard of living
what they spent
day by day
on their real existence
this would be
just like
a real wage cut
except for
the "equity"
they'd have
"buildin' up "
some where
now that somewhere
could be
in a larger share
of the
market value of
the plot of land under
homer's own house
say
increased by
his paying down
his mortgage principle
or
(and here's the real goody)
in financial assets
little guy financial assets
like
savings accounts
mutual funds
annuities
insurances of various sorts
whatever
well as i've pointed out
here at the house
many times
all these little beauties
are
nothin but
sittin ducks
sure individuals may very well get in and out
smellin like a rose
hey
some folks leave vegas ahead too
just wait an see
give the deal time to capper
come crunch time
believe me
things 'll get biblical
atway way too many
homer houses
whats the line ?
"whailing and gnashing of teeth"
--------------------------
yes indeed
and why?
cause
the value
of
residential plots
and securities
and dollar accounts
all have
at least one very nasty common property
they aren't real values
they're captilaized figments
pure paper reflections
of market bullery
yes even land
land as location
like gold is subject to
wild spec high wire craziness
bubbles bubbles and not tiny ones either
the wally boyz can make
these fuckers
all do magic tricks
yup
they can
and
from
time to time
and
place to place
they have
and
whats more
they will again
---------------------
meanwhile
between crunches
Homer's been livin less large
less beer and skittles
a smaller pool
a slower car
livin'
less large on here and now stuff
and
more large on dreams
of ever greater tomorrow stuff
out of pocket costs to capital
of a wage boobs dreams?
zero
----------------------------------
welcome to the wagery world
brothers and sisters
where
dreams become reems
-----------------------------
p.s
watch the towering infernals
keep
that pipe dreamin well fed
till the time comes
when
all little rugs
must be pulled out at once
get my drift?
-------------------------------------
by the way some times
the tricks
gets seriously out of hand
these guys are all apprentices you know
after all
there are no real sorcerers
vide 1929-1933
=================================
Posted by pinky at September 20, 2004 06:54 AM
Posted by: sammo at September 20, 2004 06:22 PM
Thanks for signing in, . Now you can comment. (sign out)
(If you haven't left a comment here before, you may need to be approved by the site owner before your comment will appear. Until then, it won't appear on the entry. Thanks for waiting.)