Economic Ideology 101
I would like to take a moment to talk a bit about the myth "a penny saved is a penny earned". Mainly because even if somebody does not fully understand it they may take it at face value, my interpretation of the advice. Or they may just deny the veracity of my statements and refuse to see the fallabilities of Franklins financial ideology.
Basically, a penny saved is a penny denied but is still a penny one appears determined to believe they own. The problem is that when one traded their services or goods for that penny, those goods were respective of current value...which is constantly declining in America. If one then attempts to save that penny, which is also depreciating on a constantly fluctuating basis partially designed to obscures much of the inequities, they risk sacrificing some of its buying power. Even if one is able to invest this penny for a profit, this is still merely recieving more of those depreciating pennies, and in this market system being governed and manipulated by central bankers and companies who employ a policy of veritable criminal contempt for the average consumer, somebody always has to lose whatever another gains. This is of course not a sustainable model, and is much of the reason why this nation is at risk of losing its entire middle class...and then some.
A penny earned is most certainly nothing less than a penny of increased value. If this nation's currency is not appreciating in value each and every day then this is a nation of slaves...period.
Growth in the market is only respective of growth in the communities and lives of the people who sustain them. The divisive, elitist mentality that grips this nation and convinces people that if they have more money than the other guy then they are more superior, or even that they actually have something, is what is suffocating the true meaning of freedom and liberty in America. The prosperity that would ensue if people would realize how patently opposed greed and superiority are to freedom, would also disabuse this nation of its crime and punishment mentality that is decaying the heart of its society to the point of resentment. The fears and perversions being infused into the people of this nation by bitter parents and opportunistic malcontents are taking place of the fire and ice of reality that are meant to forge the beings on this planet into supreme manifestations of the extraordinarily omnipotent and pulsating resonance of this Universe.
There must be cognizant realization of fact or there is no true reality...only fantasy. In a fantasy world nothing is possible, no matter what they teach. It is only in the finite that all becomes possible, and without these possibilities nothing is impossible. This helps one realize how to decipher, determine and understand the impossible, and the unimaginable and possible impossibilities. This is not a philosophical analogy, this is tangible, cold hard fact. The problem is how to get people to "see" this reality. It is a cognizance that should certainly be a basic requirement, on a daily basis, of much of the people in this nation, and certainly from those who have opted to seek public service.
One final note on this subject. Concepts can be formed in the mind that have nothing to do with reality or logic and are mainly perversions enabled or coerced by long term denial. That said, most of the concepts governing basic acceptable "reality" in this nation are faulty...some to absurdity. What are being sought as "possibilities" by some enteties are not in any way "possible", especially given the exponential and algorithmically unknown consequences to the other "possibilities" around them. In the financial market there are a moderate and very finite amount of possibilities, however, the manipulation of them is what sends the "impossible" bullying its way into the real world (realm of the possible). What then becomes blatantly obvious is the complicite and culpable criminality that has absolutely no excuses to hide behind and must be held accountable to the very finite business sector they operate in, and not be allowed to make this a consumer issue, a national security issue, a "bankers are above the law" issue, an attack on American values issue, nor any other "impossibilities" they want to make sound plausible in denial of the facts.
FREEDOM!
[factbat]
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Reader Comments (7)
"A penny saved is a penny denied," as you
say. Yes! But the relevant question then
becomes: To whom is it denied? Your post
appears to explain how saving the penny
amounts to the saver's denying himself the
use of the penny. [Denying himself certainly
a part of the penny's one-time buying power
due to its ever-declining "current value".]
But what if the penny's utility for me is not
in its buying power -- insofar as buying power
is measured by the "stuff" I could get for
the penny? What if I WANT to deny the penny?
What if the penny's value to me consists of
my power to deny the penny's-worth of revenue
flow to corporations who would turn it to a
use in "criminal contempt for the average
consumer"? [By my act of denying the penny
I would ACQUIRE a non-stuff purposeful buying
power -- power to damge my (and everyman's)
enemies.] More could be said about my point
-- like the question of what kind of saving
of the penny accomplishes keeping it out of
the revenue flow. I don't want to speak my
whole mind here. What day is this?
@ RC Camp: If the penny (money) is to some person a tool of manipulation employed to deny one entity or another the right or ability to propagate, then the article becomes moot in its assessment of the saying "a penny saved is a penny earned." Certainly this act of denial is any persons right. However, if one truly endeavors to engage the realms of corporate misfeasance and criminality in the free market system, then simply denying them revenue is a very fickle and temporary act. One may more wisely use their time and energy to seek a redress of grievances if they are demonstrably destructive to the individual lives, liberties and pursuit of happiness of the average consumer. Requiring that LLC's apply, and qualify for, charter agreements that prohibit the corporation from operating with impunity, or against the people's best interests, is a long lost concept that was critical to preserving the equity in the free market system by respecting the consumer, but this was subverted by the likes of JD Rockefeller and other treasonous money mavens. There are many unconstitutional activities being employed by corporations, and it is best to fight fire with fire by removing the fodder it feeds upon, rather than fighting fire with gasoline, and adding fuel to the conflagrating blaze by further engaging them in the destuction of the economy or helping them to debase the currency...and the occurrency it is meant to establish.
In view of the implications of the Supreme
Court's discovering a doctrine of two equations, i.e.:
(1) Money equals speech;
(2) A corporation equals a person;
[thereby entitling a corporation to produce
as much free-from-intervention speech as it
can or wants to pay for] -- GOOD LUCK with
trying to limit LLC's by re-imposing a once-
upon-a-time (and now "long lost") requirement
that they act in the public good. For that
matter, GOOD LUCK to a citizen who seeks a
redress of grievances against a corporation
via any legal theory. Nowadays more of the
general good is attributed to corporations
than is attributed to the citizenry. In the
oral argument of Citizens United v. Federal
Election Commission, Justice Scalia has been
quoted as saying: "Today's corporations are
awesome..." [www.slate.com/id/2227798].
If they are so awesome, I cannot succeed in
any frontal attack upon them. I just feel
that I ought not let myself be a "wage slave"
in the sense of: "A penny earned is a penny owed." If millions of citizens also decline
to be "wage slaves", we shall all have escaped
slavery. The present-day extent of earning
and owing is a perversion of the national
principle of frugality that once under-laid
the national freedom from want. How could it
now be condemned to re-establish frugality?
The supreme court does not have the right to rule that "money is speech" and furthermore is not a soveriegn and thus has no jurisdiction over the individual. Moreover, a corporation cannot be deemed an individual since it is not a sovereign entity, it is merely created by sovereigns. The fact that Scalia is a miscreant sophist and degenerate politician is the only relevant factor concerning his illegitimate ruling. This will be repealed as formally as prohibition was because it is blatantly unconstitutional. Logic and law still rule the courts, we merely need intelligence to regain its rightful place in delivering it eloquently. As well as morally courageous citizens who cannot be swayed by the criminality of the current system.
The first amendment not only guarantee's free speech, it demand's it, and thus a corporation cannot be considered a legitimate voice in the realm of powers which are held by the sovereign individual (ie, the people). A corporation is made up of many parts and cannot claim to speak for each and every one of them. What if a person works for GM, but does not share the views or political agenda of those who make contributions to various politicians?
Furthermore, money cannot be speech because it is a mechanism of occurrency, and thus is not an established realm of sovereignty. Money fluctuates in value and quantity across the board. Are we to assume that the less the money is worth, the less the voice of the individual is worth? This is ridiculous. Moreover, the ruling that money is speech denigrates and abridges the free speech of those who have not money, and thus is blatantly uconstitutional in nature.
It would be no problem at all to re-implement the requirement of "charters" for those who desire to incorporate in the United States. This would ensure that small businesses proliferate in the market and hard-working, honest people prosper. Whenever there would be need for the construction of large projects, or widespread distribution, then many of these businesses would come together in unison to create the bid on the project -- thus also increasing equanimity while decreasing opportunity for corruption of the process -- and these businesses would share in the profits as well as the responsibilities, and would therefore create markets for new business by bringing their many suppliers and purveyors into the equation, and leaving a product behind to be further marketed and maintained as the charter expired and the "incorporation" of small businesses disbanded...returning to their livelihoods both richer and wiser.
I fully intend to write a book on this subject, and the exfoliating concepts that exude in and around it, because these are effervescing ideas which are part and parcel of the supreme law of this land. Furthermore, they are the foundation of this country's freedom and prosperity.
There is no freedom from want, this is a delusional concept because they are one in the same. This country was founded on the individual's right to govern his or her personal activities, created by the assertion that all persons are born with the same inalienable rights in equal measure. This is what guarantee's unabridged and unmolested life, liberty and the pursuit of happiness for all involved.
Freedom is not free because it is bound by the reality that some days are good, and some days are bad...period. And no person in this nation has the right to manipulate the environment in circumvention of this reality. The frugal, free and legally binding efforts of all involved are critical to propagating the standards and measures of equanimity which exude the consequences for each and every action by all individuals. This ensure's that those undeserving do not proliferate, and those innocent not pay the costs for those who choose risk over fugality.
The long standing crisis in America is currently enjoyed by those who sell only one side of freedom. For these despotic charlatans have sold the people a structure of debasing edifices and demoralizing sociology. They have stolen the liberties which guarantee one their fair share, but have extended the freedoms which demand that once you are destitute, you have every right to "go f--k yourself."
I entirely agree than no ill effects have to
follow when an incorporated entity's charter
expires and the incorporated status of the
small business disbands. Such disbanding
may happen. Will the same disbanding happen
to big businesses? Today's (in effect) long
term charters were not, from the nation's
founding, a presupposition or a necessity of
business. A good discussion is available
from "Onecle Court Opinions, Corporate Char-
ters" [http://law.onecle.com/constitution/
article-1/62-corporate-charters.html]:
At first "...charters were granted by the
state legislatures in the form of special
acts and there were very few profit-taking
corporations in the country." But then came
along the court case about the Dartmouth
College charter, which the Chief Justice
Marshall cast in terms of an on-going
contract -- originally between American
donors of land etc. and the British Crown
granting the charter -- and (after the war)
between Dartmouth trustees and the state
of New Hampshire, as the successors. The
charter-as-contract came to be viewed as
near-perpetual, insofar as the performance
of duties of Dartmouth College continues
to this day. The "...extension of the
benefits of the Dartmouth College decision
to corporations organized under general law
took place without discussion." [ibid]
Well, what-da-ya-know! There is more to
the legal history, of course. But, through
it all can be seen (I think) a developing
bias of judges in favor of incorporated
powers. GOOD LUCK with fighting the big
corporations before such judges! Citizens'
frugality is best.
I am in the process of doing just that. Yes, I agree you have to possess a very big "pair" to engage many of the foes I take to the mat.
Making a habit of lunging for the jugular of the despotically powerful certainly is not without its drawbacks, but their's is no further below the surface than anyone's and the blood they pump runs just as red as those of the frail and innocent they prey upon.