James asked:


where’s the reality check? such vast amounts of wealth changing every day can have no connection to real value, can it?

Andrew

Fabi85 asked:


I would like to ask you this question specifically comparing the unbelieveable Asian economic growth with the aid receiving Africa.
There are already strong Asian economies established in the world like Japan, South Korea, Singapore and Taiwan. Now China, India, Vietnam will be added to the Asian success story. Many of those countries are very dependend to import natural resources.

While African countries are having a huge wealth of natural resources. So, why is there no real African economic success story?

The Somali-Dutch politician, Ayaan Hirsi Ali, says Africans get taught to solve problems by physical violence than by conversation. Otherwise the other person thinks you are weak.

One African friend said to me African leaders are not patriotic enough not to rub money for their own pockets? Is that true?

Knowing statistics, Asian women in the U.S. are one of the highest archiving groups. Are Asians more dilligent than Africans? According to Philippe Rushton?

Emily

Zyra asked:


I’m just checking to see if I’m on the right track. Won’t the money rate stay the same, then the real interest rate increase since the money rate has been adjusted for inflation, and the real rate hasn’t?
And does inflation transfer wealth from borrowers to lenders, or not?

I’m not entierly sure on this. please put me on the right track.
No, I have not confused anything. I money rate is the same as nominal rate, anyway, I still haven’t gotten it clear, can what effect will an increase in inflation have on the nominal rate of interest and the real rate of interest? Was i correct or wrong? and does inflation transfer wealth from borrowers to lenders?

–can anyone explain?
No, I have not confused anything. I money rate is the same as nominal rate, anyway, I still haven’t gotten it clear, can what effect will an increase in inflation have on the nominal rate of interest and the real rate of interest? Was i correct or wrong? and does inflation transfer wealth from borrowers to lenders?

–can anyone explain?
No, I have not confused anything. I money rate is the same as nominal rate, anyway, I still haven’t gotten it clear, can what effect will an increase in inflation have on the nominal rate of interest and the real rate of interest? Was i correct or wrong? and does inflation transfer wealth from borrowers to lenders?

–can anyone explain?

Jonathan

falisrm asked:


Government wouldn’t survive in the real world if it actually tried to work like a corporation does. You know, the concept of creating wealth and staying within a budget. Yet, we are somehow told that it’s corporations that are evil.

What would happen if Yahoo spent $2 trillion on handouts to everyone that uses Yahoo Answers. Do you think Yahoo would survive a week?

Samuel

Trouble Maker asked:


I often ask ridiculous questions and make radical statements because serious matters are never given real consideration .
Truth is our government is bankrupting the future generations of millions of working Americans for no reason other then to support the ruling class .

As often as people with some wealth and education speak about real issues no one ever listens .

Should we have gone to Iraq ? Smart money says no unless you enjoy profits from wars . Easy to predict your investment will increase substantially and your kids will avoid service and that mostly poor kids will do the fighting .
Other kids from wealthy families are convinced by indoctrination that military service looks good for political careers and on your resume . You are an officer and in most cases pretty safe compared to the people you order around .

So I often wonder how many of you take serious the impact any war has and also if the economy is worth saving .
We have hundreds of billions of entitlements that are coming due soon and the beneficiaries are in large part those people who have worked for military contractors public education and police fire and services jobs paid for with tax dollars to begin with .

How much can we take from working people and still manage to convince them they should pay rent and shop at wal mart for crapy products that fall apart and poison their kids .

This use to be a great nation till it was looted by the so called educated people, from enron to the savings and loan scandal, our yale, harvard and Princeton graduates have looted this nation not because it benefited the people but because it lined their own pockets with the money those workers generated .

Now we have them shipping our jobs abroad and selling our infrastructure .

Most people could care less and every time I ask a serious question people complain I am a liberal or a communist or a conservative right wing nut .

So which is it people .

Jayden

JOHNNY D asked:


Is she dressed in white
A cloth trimmed with precision
Curving to her slender
She walks in the clouds

Making way for stars
Flickering to her passing
She winces to what pleases her
Jealousy made real to the boil

Stud or Stallion
Only this matters
Wealth that breathes her breathe
In gardens grown with care

Shining in heavens glow
The envelope has purpose
In green fields of complexion
She supposes her eternity

I am influence by the great country of Canada for their superior Beverage of Royal Crowns. (flip that last one)

Ashley

clearwater asked:


I want to know how many agree with this:
Why in the world should people like me who went up and beyond to better myself, just up and give my wealth to those who didn’t care to do better for themselves? My parents cared enough to send me to collage where I could get a real job and support myself. Now those less educated who work on the production lines who agree with Obama wants me to give up a percentage of my earnings so they can walk through life. I didn’t go through school and work my butt off for the poor people to better their family. I did it for myself because I care where I am going.
As dad always said, “The low income is where for a reason they don’t care as much as those of us who do”.
Love the answers. I knew America wasn’t wasn’t as stupid as the McSame campaign is trying to make us out as.

OBAMA 08!

Emma

Vic G asked:


Lately, many American market participants have called for the Treasury Department to take unprecedented actions to stem the housing, mortgage & credit crisis which show no signs of being rescued by private concerns: open up the balance sheet of the United States to save housing prices from continuing their plummet and the cost of capital from continuing its dangerous rise. Obviously, there is a great deal of moral hazard in a government-led bailout of its own markets. But no private entities in America have the capital or risk appetite to engineer a systematic rescue. Without bids, there is no liquidity. Without liquidity, the problem expands and the vicious cycle continues.

But what about sovereign wealth funds, those investment arms of foreign governments controlling trillions of real money? Can they conceivably, in coordination with the Treasury, at some point jointly dive in with bids on massive assets and profit immensely from the opportunity? Could Abu Dhabi Investment Authority become the largest landowner in the USA? Could SAFE or Temasek become the largest corporate debtholder? What obstacles prevent them from moving in such an opportunistic way now?

Thomas

Emerilesque asked:


Why do you get so outraged about having to share your wealth with others? Especially when you live in the most affluent society in earth’s history. Seems to me that a real Christian would never be so hung up over the obsessive accumulation of money and personal posessions. This is one reason I can’t take the religious right seriously at all.
Ive read and studied the entire bible.

WILLIAM