Cost Cutting, the Value of Savings and Lending 09 30 2023

1. Cost Cutting

We need to take cost cutting out of the economy. We are buying parts from China that are not engineered to correct specification. Why? Cost cutting. So remove cost cutting and you are dismantling the profit of Capitalism? And you make therefore make workers work longer in order to keep costs low like China? No. But where don't they cut costs? When they have a military contractor status with the Government? But even then you have the weakness that is the same as the above seep into the system. Witness the Littoral Combat ship multi-billion dollar sunk cost. And so you have a large industry that really isn't a true part of capitalism in our Capitalist economy. Does it mean we really aren't capitalists already? It isn't supposed to be there per the Constitution. Now ask yourself what it means that it is not supposed to be there. It means something completely different as to the standard of people they wanted in the United States; they wanted a higher standard than that.

2. The Value of Savings

   The rate of interest you could receive on treasury bills is around 5%. What should the value of your savings be? In this economy where we are sold junk from overseas? Where home improvement work is shotty? Where the isles of the grocery store are lined with junk food. Where your education doesn't get you where it should. Where your pain will not be treated to go away at the Doctors office. The value of your savings and the interest you receive on it should be high! Just based on the Constitution weighted against all of the above.

3. Lending

   Now I ask the question should the interest you pay on a mortgage be less than the value of your savings? I would say yes. Why? Prima Fascia example. Because it works out that the banks won't lend to the legitimate working man? But they would have a jolly time lending to a billionaire you inflated the valuation of his properties in order to receive money from banks and use it to buy his way into politics? So again, it a lending situation like that, nobody gets a loan except for the Trumps? So let's say you mandated that the value of your savings be more than the rate on your mortgage. Then lending would be a government function? If it were a private function, you would have the money changers drain it in trades every day. You would have them create false asset listings and erode it to zero. Then be like McCarthy and swear that the Government needs to be shut down?

   Our Government gave land away through the Homestead Act.

   Also when the system defies regulation then it needs to be drawn back in. And the word I am looking for is nationalization. (But the idea of the occurrence whereby anti-monopolization could come into play would be another article. But I will say this, when the largest cos are selling goods prone to failure it might be time for it.)

And let's say that we discovered a broad and pervasive element of organized crime operating in our Country? One whereby bankers who should have the ability to accurately value real estate assets can't do that? Would that be justification for an Act like the Homestead Act.

© 2023 Thomas Paul Murphy

I was never for free trade NAFTA. I thought it would lead to faulty products and be a waste. And I think it was. But it makes me wonder how the only white child would do in an all Hispanic or just non white school in the United States? Is that a racist statement or is it a statement inquiring about reverse racism? Now ask yourself if you can even find one? Then ask yourself why the white family got out of that. Then ask yourself about School Choice. And perhaps that is a good rational for school choice. But whatever that is, this next statement is far more powerful, how does the child of non alcoholic parents do in a school whereby all the other parents are alcoholics? But I think school choice always brings the bad elements to the good schools? Maybe not. But I can make this statement, drugs would not have proliferated without those types of programs? “Here sit with me at the magic lantern pot pipe with six snakehead sucking tubes coming out of it.” You know I did get a glimpse of a party like that in my neighborhood way back in ~1984. “Bud, let's get the hell out of here.”

Can you see the dark eyed McCarthy fuming with vengeful anxiety as he reads this?

© 2023 Thomas Paul Murphy