Day One: ??
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Title
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Visions
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24in4
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401ks
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Decapitalism
Visions:
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Visions are like opinions--everyone has one ... usually a tunnel vision.
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Visions without roadmaps are stop signs.
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Morality without practicality is immoral.
24in4--Share Job Time or Jobless
Crime:
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By better employing our human resources, we can have a 24-hour workweek in
4 years with more funds and fun for self, family and community in a safer,
saner world.
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The 25% unemployment of the 1930's Depression would never have happened if
the workweek had been reduced as unemployment ticked up. Nor would big government
welfare/social programs have been legislated.
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If technology reduces production time by 10%, reduce the workweek by 10%
rather than reduce workers by 10%.
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Idled minds are the workshops of the devil. Adled minds are the wasteshops
of economists.
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Full 40-hour employment based on un-, under- and mis-employment is not the
same as full, meaningful 24-hour employment.
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Inner-city joblessness causes crime, an old cliche. Joblessness fermented
ISIS recuits, a new reality.
401ks: The biggest bank robbery in
history
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In 1980, the average retiree had almost $300,000 in defined corporate benefits.
The top 1% of America owned about 20% of America's wealth.
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In 2017, the average 65 year-old has less than $100,000 in a 401k which is
worth less than $30,000 in 1980 buying power:
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The middle-class has lost almost 90% of its retirement funds.
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Where did it go? Stock options and IPO's.
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In 2017, the top 1% of Americans owned more than 50% of America's wealth
via 401ks transferring wealth through stock options and IPOs.
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Workers with 401(k)s are organized financial lemmings.
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Lotteries are a tax on those who igknow math. 401ks are a tax on an igknowant
middle-class.
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30sec ad ...
YouTube Vid ...
Pensions
Decapitalism:
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Wall has hijacked the terms and tools of capitalism to cause bankruptcy and
unemployment, i.e., decapitalize and decapitate production.
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Capitalism is a victim of identity theft.
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If you buy a house and triplicate the title to sell to three people, you
go to jail. If do the same with a corporation and call the counterfeited
paper "stock options" then you go on vacation.
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History of decapitalism:
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Originally, stock corresponded to money invested to buy stock.
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Outsiders counterfeiting stock went to jail.
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Insiders started self-giving "stock options" which they sold to public--a
economic rape of new and old shareholders.
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Hedge funds and private equity firms buy corporations and flip them into
pension funds and 401ks by "recapitalize" them by a factor of five or more
stock counterfeits. They sell enough stock to pay off the loans obtained
from banks and pensions. Thereafter, they bleed the stock into the market
thereby bleeding savings and pensions. This is economic gangbang rape of
middle-class pensions.
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This is how Mormoney Romney and the Sage of Omaha built their wealth, legally
stealing retirement money by legally counterfeiting stock. (When Buffet said
his kind was the cause of America's problems he was talking about the tip
of the iceberg.)
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The money from flipping a house is nothing compared to flipping a corporation,
e.g., Seagate, 5 times.
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Decapitalism is the economic bloodshed killing America.
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Taxing decapitalists is like letting bankrobbers keep the loot if they give
a few percent of the money to the government.
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MBA--Master of Business Assassination or Master of Bankrupting America.
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Capitalism is not failing because it is nowhere near the biggest bank robbery
in history: 401ks
Brainbee
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