NP - Toryism (Austerity) Isn't Working.

[Ian Livingston]

Thinking of population as population elements in economic formulae is SOP,
I know. The sheer numbers of humans relying on planetary resources, driving
into remote places to escape one another / find one another, find
industrial work, plunder the planet for a few bucks and a sweet toss in the
sack, whatever.... Visit China, India. There has never been a single
generation of humans who improved the planet. We trash it, everywhere,
every time. There is a price to be paid for demolishing your yard and
shitting in the living room. It's not a question of economic formulas, it's
a question of relative harmony. The system has to find ways to encourage
the population to live in relative harmony with its environs if the planet
is to sustain the people. Capitalism can't do that because it is driven by
principles of more--more people, more plunder. We are guided by the idea
that a Creator made the world for the ultimate purpose of entertaining us.
That fundamental error is what makes capitalism suicidally maniacal, intent
on taking as many species as possible down with it in its death throes.

On Sat, Apr 28, 2012 at 1:24 PM, Mark Kohut <markekohut at yahoo.com> wrote:

> Goes out to Alice for her global perspective.....
>
> http://www.aljazeera.com/indepth/opinion/2012/04/2012423164839425416....
>
>
>
> ----- Original Message -----
> From: alice wellintown <alicewellintown at gmail.com>
> To: pynchon -l <pynchon-l at waste.org>
> Cc:
> Sent: Saturday, April 28, 2012 3:06 PM
> Subject: Re: NP - Toryism (Austerity) Isn't Working.
>
> Population, over, under, younger, older, ageing, living longer,
> migrating, demographics, an important and difficult thing to take into
> a account when measuring, analyzing, managing risks.  Population in
> the US should be a positive over the next few decades, another reason
> why I suspect the Lost Decade fears are exaggerated. We are not Japan
> is so many ways and our population differences, and the bahavoir of
> populations, on terms of things like saving and investing, housing
> ...are quite different. The Fed's Twist is keeping Mtg Rates low and
> stong individual balance sheets will get money and the tide will turn
> in the housing market, returning to a normal market, one that doesn't
> bubble up but keeps pace with inflation. The yield curve will shift,
> as lenders, who take the principal risk, must be rewarded for lending
> monies out for building and housing in 30 year or more loans. The Fed,
> once confidence is restored, a confidence that was shaken but which
> did not collapse because, as Ben noted, the US had built quite a lot
> of credibility by keeping rates low and prices stable and so on, so it
> must continue to do so, and, at the same time, get the lenders lending
> and get the yc shifting to reward risk on the longer end. This is not
> easy and it is painful, but it is not Japan. We are not Japan. We
> don't have to deal with and we won't deal with 15-odd years of zero
> rated w/o growth. The system is recovering, slugish, but still on its
> way. Keep the faith. Fight the good fight. This too will pass.
>
>


-- 
"Less than any man have I  excuse for prejudice; and I feel for all creeds
the warm sympathy of one who has come to learn that even the trust in
reason is a precarious faith, and that we are all fragments of darkness
groping for the sun. I know no more about the ultimates than the simplest
urchin in the streets." -- Will Durant
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