September 20, 2004

why this saving shit ?


 

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
I'm really starting to see why you hammer away so hard at this one -- this is the key trick to raping a "priviledged" wagery without disturbing their notion of priviledge. "i guess we done it to our own selfs ma" this is the new wave -- increasing payroll taxation any further is gettin' real hard about now -- let's hope wagery don't get barrel rolled.

Posted by: sammo at September 20, 2004 06:22 PM

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