Friday, October 2, 2015

New American Poverty Part Two

Just like food overprocessed can become a slow poison, so is media-mediated life a slow poison.  I know life before the internet, life before before beepers, and even before telephone answering machines.  I don't know life before television or radio, but I hear from those who did that these new devices overall were no net positive.

But!  All of this has made communication and research faster and cheaper, no mean feat.  If you have something worth saying or researching, this is good.  If you are competitive, this is essential.

But!  Almost no one has anything worth saying to as wide an audience as the 'net avails, and if one is competitive, one competes on the same platform, so whether high tech is the answering machine or the predictive dialer, the better competitor wins.

And nothing has changed in competition: it is still the sales/pro dev process of observation - problem - solution - form hypothesis - test hypothesis - observation - ad infinitem.  Excelsior!  (I wonder why old-school packing material was called "excelsior"?  Just a brand name, or celebrating a shipment, which is legally a sale?)

There is a false economy, F I R E, that is about to come down.  Taxpayers credit allotted to General Motors to subsidy-advertise taxpayer subsidized Camaros on not-marked-to-market (yet pension-funded) Gawker is AN economy, but not THE economy.  If you want to see A economy, a most basic one, visit the Amish who pay no social security taxes, Obamacare exempt, war-exempt, compulsory school exempt, etc.  Credit is king there, not money.  (But they do have money!)

From that austere simplicity, there are countless variations.  And many complexities can be added, but the one economy killer is usury, charging a fee for a charitable event, a loan.  (All loans are charity, there is no such legitimate event as a "business loan.")

As THIS economy comes a tumblin' down, as USA's empty credit stretches to the limit of the 4th generation out, there is a guide to navigating the shoals safely.  Just neither pay nor accept interest (usury, fees at any rate for any amount for any duration.)  There are no economic events that require fee-based loans, none for which there is not a better alternative, one in which the fraud of "selling" something which does not exist is not central.

It is a lot harder than you think, but you'll see how insidious it is.  If you can qualify as a UBER driver (not hard) you are guaranteed a car no more than 4 years old, off select dealer lots.  No one gets turned down for bad credit.  Indeed, a system already being gamed by people with bad credit, who get UBER-approved and then get a new car, but decline to actually drive for UBER.

With usury, there is money to be made all around, off those who do decide to drive.  For those who fail, well, a brief joy ride.

it all gets down to your definition of wealth: is it personal accumulation?  Or is wealth to what degree what array of goods and services are accessible to what range of people with their own earnings?

A country where 47% of the people cannot feed themselves, depend on handouts, is not a wealthy country.  A system that crowds out those willing to work and viable small businesses with despoiling mal-credit. A country that has a poverty draft. That is an impoverished country.  U S A ! U S A ! U S A !

Feel free to forward this by email to three of your friends.


0 comments: