House of Paine

senior pinera and worker-capitalists

my heros over at 
  lyndon la rocco co 

can be oh so  grand indeed

  example:

  on the job site
              in- commute this morning 

         i read
                     a  pamphlet piece by "them"

      on this greasy brained
                 fascist  petticoated pig 
                          with harvard polish : 
                                             " no way jose"
                                                           pinera 


and as is wont to happen

this  chilean
          with his
               smilin' dapper
               death head 
                          


                got me to thinkin'...

=========================================


 my meditation:

   
   what does this 
neo king fish hooey


"for every jobster  a portfolio "
 
have up there 
        in its bowels ?

----------------------------------------

so lets look see

lets beam over
to that least of all possible worlds

where wished fors
           are granted


here's the deal

every worker owns  a portfolio

notice
 not every portfolio has a worker owner 

this is not a rentier free world 

the idea behind the wish
was to give every wageling
a material stake 
in  social profit max

a brain split forms...

inside each  jobbled -head

for every  wagery jack

theres  now a co pilot:

 profiteer hyde 

and obviously
as the klass struggle plays out 
they tussle 
like fans who've 
got  heavybets down 
on opposite outcomes sides 
between 
  two deadly 
 rival sports teams 

 well kinda .....
--------------------------

our simple analytics tell us this much:


the ratio of 
 expected income streams
 from the two sources


job and portfolio

forms the basis for
  the klass tilt
         of any pure  benthamite  jobsters  mind

wheres brake even?

wheres klass  struggle indifference ?

 when the expected 
discounted value
 of relative  future income streams
              are   equal
a fluke eh?

so  nice klass harmonics
               this will not make 

now heres the complication

there is no universal wage rate structure

even putting aside
 my pay scale moves 
with job promotion demotion

in general my  wage
 and the average social wage
will not  move identically 

so i become a one job only fan

my job 
and what i expect as i look 
ahead at my job
  prospects 

 my personal staircase 
                     of jobs
all the way  from now
         to final  retirement 

any  other jobs
  wage increases 

       on their face
  just  look bad to me
  cause they'll 
  effect me directly 
     only  as a cut 
  in my part 
      of the social profit yield 
(yes a high wage environment has spill overs
we can odel that
but its secondary

the net plus minus
will remain  one way only 

see where we're headed ?
---------------------------------------------
   
sure 
 for any one trade off
that directly effects
 my job 
profit considerationstake a hike 

(even in the extreme case
where
 all i got 
is this one companies stock )



brake even
works like this .....

 a relative  income increment 
that is   the reciprocal 
of my  present   income stream ratio

ie if today income 
from  my jobbling
 is three times 
 the income from
                my portfolio

a wage raise of 10%

given to me 
and even all other 
             jobsters at my company 
off sets 
a profit drop of 30 %

the deal in reality will be more like 8 or 12 to one so .....



 its alway way  better 
         i get my raise 

but still its better
if 
the most jobblers possible  don't 


atomization 

---------------------

so 
 of course putting aside
 any learning curve here

this calc shows
 it is hardly likely 
 a portfolio 
will turn a wagery
   into a tower stooge

even in a zero sum
 profit wage trade
this  is unlikely 
where  this chums own wages
are concerned 

but as is obvious by now
this is not  the point


the point is...

a portfolio works
 to isolate
 " the interests "
of 
  a wagery household
 from the interests of
      their  wagery neighbors
----------------------------------

 one households optimal deal:


is our  wages go up max

and every one elses stay down

ie 
union type solidarity

takes a shit in its own hat


and this goes for private pensiontoo

  if  a union
 cuts deals involving 
  jobster
    private  portfolio building 
   they're undermining the union movement 

------

wally boy game plan

for  21 st century amerika 

atomize wage goals

socialize  profit goals

then tower leverage 
the shit out of both 

---------------

obviously a personal
private portfolio
goes well beyond 
   home owners ship

portfolioization

 lashing 
     the mind
 of top end jobsters
         directly into
  the   cheering section
                of
        the  social  private profit max system 


equally it is clear

what wagery must strive for

a  fully socialized
     state  based solution 

a  universal
         job hours related 

         pure   wealth    tax 
                                 based

                pay as you go

                     retirement pension  system

this beautiful transfer set up

is  the mortal enemy
   of these  personal portfolio schemes 
------------------------------------------

ps

heres the man

trying
to huck putin .....

"the indispensable element 
common to these  social security reforms 
was not a strong four-star general
 but a team 
    of determined policymakers
 who knew 
  that freedom works
 and 
   that the people 
would understand 
        that concept 
if it were well explained"

                     jose pin head  

 freedoms victory
  is just a matter of 
           making sure
                   its all
             "well explained"
 
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     karl rove 
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  grover norquist
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