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	<title>Comments on: Cheap Money and American Poverty</title>
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		<title>By: Daniel Greenfield</title>
		<link>http://www.frontpagemag.com/2014/dgreenfield/cheap-money-and-american-poverty/comment-page-1/#comment-5356101</link>
		<dc:creator><![CDATA[Daniel Greenfield]]></dc:creator>
		<pubDate>Tue, 28 Jan 2014 18:38:00 +0000</pubDate>
		<guid isPermaLink="false">http://www.frontpagemag.com/?p=217314#comment-5356101</guid>
		<description><![CDATA[Degrees have been made more expensive and devalued at the same time so people are spending fortunes on worthless pieces of paper.

The old days when you could get a quality education at City College and move up are mostly done.

And everything is, as you&#039;ve said, too unstable. The system is centralized in the hands of irrational people controlled by special interests. The whole thing is a formula for constant uncertainty because individuals now control very little.]]></description>
		<content:encoded><![CDATA[<p>Degrees have been made more expensive and devalued at the same time so people are spending fortunes on worthless pieces of paper.</p>
<p>The old days when you could get a quality education at City College and move up are mostly done.</p>
<p>And everything is, as you&#8217;ve said, too unstable. The system is centralized in the hands of irrational people controlled by special interests. The whole thing is a formula for constant uncertainty because individuals now control very little.</p>
]]></content:encoded>
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	<item>
		<title>By: Habbgun</title>
		<link>http://www.frontpagemag.com/2014/dgreenfield/cheap-money-and-american-poverty/comment-page-1/#comment-5356090</link>
		<dc:creator><![CDATA[Habbgun]]></dc:creator>
		<pubDate>Tue, 28 Jan 2014 18:21:00 +0000</pubDate>
		<guid isPermaLink="false">http://www.frontpagemag.com/?p=217314#comment-5356090</guid>
		<description><![CDATA[So true. There were tenements back when and life was not as comfortable but the path out was there for so many and it happened so quick. With advance degrees we are not duplicating it. We are losing ground. One thing to say as things advance it is harder to have as great as an advancement. Another thing completely to say as you have said the linear economy is overthrown. There is no here to there. I know plenty of successful businessman who are baffled. They still know how to make very good money but they don&#039;t know from month to month how sustainable it all is. They&#039;ve notice they don&#039;t get the same response from Help Wanted Ads. People don&#039;t see a future in working, are afraid to spend and are acting irrationally. I&#039;m in sales. I would have saved some people  $1,500.00 just by signing and making a downpayment and it just doesn&#039;t close but in a better economy people would buy for $100.00 more if they liked the product and service and they would get right on it. Something important is being lost.]]></description>
		<content:encoded><![CDATA[<p>So true. There were tenements back when and life was not as comfortable but the path out was there for so many and it happened so quick. With advance degrees we are not duplicating it. We are losing ground. One thing to say as things advance it is harder to have as great as an advancement. Another thing completely to say as you have said the linear economy is overthrown. There is no here to there. I know plenty of successful businessman who are baffled. They still know how to make very good money but they don&#8217;t know from month to month how sustainable it all is. They&#8217;ve notice they don&#8217;t get the same response from Help Wanted Ads. People don&#8217;t see a future in working, are afraid to spend and are acting irrationally. I&#8217;m in sales. I would have saved some people  $1,500.00 just by signing and making a downpayment and it just doesn&#8217;t close but in a better economy people would buy for $100.00 more if they liked the product and service and they would get right on it. Something important is being lost.</p>
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	<item>
		<title>By: truebearing</title>
		<link>http://www.frontpagemag.com/2014/dgreenfield/cheap-money-and-american-poverty/comment-page-1/#comment-5355674</link>
		<dc:creator><![CDATA[truebearing]]></dc:creator>
		<pubDate>Tue, 28 Jan 2014 03:16:00 +0000</pubDate>
		<guid isPermaLink="false">http://www.frontpagemag.com/?p=217314#comment-5355674</guid>
		<description><![CDATA[Very powerful.


&quot;The people who have been hurt the most have been kept pacified even while they were slowly being displaced.&quot;


These displaced people have a current political value to the Left, but for how long? When a person&#039;s worth to society, ie. the state, is the determining factor in whether they get health care, what happens when there is a surplus of these voting parasites, and the Party, having already consolidated power, no longer needs them? They become a burden to the system, are deemed &quot;unproductive&quot;, and denied health care, or some other life sustaining essential. It is at this termination of human life that the Left has reached its apotheosis, where its penultimate &quot;environmental&quot; goal of malthusian misanthropy intersects with its ultimate goal of arbitrary, ruthless execution of power. Human beings are then sacrificed to the political gods of the Left.]]></description>
		<content:encoded><![CDATA[<p>Very powerful.</p>
<p>&#8220;The people who have been hurt the most have been kept pacified even while they were slowly being displaced.&#8221;</p>
<p>These displaced people have a current political value to the Left, but for how long? When a person&#8217;s worth to society, ie. the state, is the determining factor in whether they get health care, what happens when there is a surplus of these voting parasites, and the Party, having already consolidated power, no longer needs them? They become a burden to the system, are deemed &#8220;unproductive&#8221;, and denied health care, or some other life sustaining essential. It is at this termination of human life that the Left has reached its apotheosis, where its penultimate &#8220;environmental&#8221; goal of malthusian misanthropy intersects with its ultimate goal of arbitrary, ruthless execution of power. Human beings are then sacrificed to the political gods of the Left.</p>
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		<title>By: Daniel Greenfield</title>
		<link>http://www.frontpagemag.com/2014/dgreenfield/cheap-money-and-american-poverty/comment-page-1/#comment-5355231</link>
		<dc:creator><![CDATA[Daniel Greenfield]]></dc:creator>
		<pubDate>Mon, 27 Jan 2014 17:23:00 +0000</pubDate>
		<guid isPermaLink="false">http://www.frontpagemag.com/?p=217314#comment-5355231</guid>
		<description><![CDATA[The linear economic model has been destabilized and we&#039;re left with constant bubbles, which are easier to sustain if you have access to greater wealth or connections. Trying to be poor while living in a bubble is a formula for a disaster.]]></description>
		<content:encoded><![CDATA[<p>The linear economic model has been destabilized and we&#8217;re left with constant bubbles, which are easier to sustain if you have access to greater wealth or connections. Trying to be poor while living in a bubble is a formula for a disaster.</p>
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	<item>
		<title>By: Habbgun</title>
		<link>http://www.frontpagemag.com/2014/dgreenfield/cheap-money-and-american-poverty/comment-page-1/#comment-5355211</link>
		<dc:creator><![CDATA[Habbgun]]></dc:creator>
		<pubDate>Mon, 27 Jan 2014 16:58:00 +0000</pubDate>
		<guid isPermaLink="false">http://www.frontpagemag.com/?p=217314#comment-5355211</guid>
		<description><![CDATA[Oh so correct and I see this at play in my own life. Houses, cars, appliances are sky high compared to salaries. Apps are cheap but basically useless as a way to make real progress. The market doesn&#039;t adapt. There is no housing or cars that meet realities. You either make big money or you are out. Big money requires that someone be incredibly successful at all phases of their life. You can&#039;t simply learn from  the past and improve which is the path to the middle class. Your past had to be one of winning in order to keep winning. Even the winners fall off and can&#039;t come back.  The USA has a stock market mentality. I am rich if my stocks go sky high. Poor if they tank. If you don&#039;t take your money out at some point you are not rich. The board of directors of the company are rich. You are not. If your stock tanks you are not poor if you have been living in your means and kept your investments separate. If you live a life on credit where your stocks are never ending collateral for a destination that can&#039;t arrive you are insane. It is insanity how America runs even on an individual level. We really are all Keynesians now. Pumping money into our own lives to float a rosy economic future in the mind rather than to simply go from point a to point b to point c.]]></description>
		<content:encoded><![CDATA[<p>Oh so correct and I see this at play in my own life. Houses, cars, appliances are sky high compared to salaries. Apps are cheap but basically useless as a way to make real progress. The market doesn&#8217;t adapt. There is no housing or cars that meet realities. You either make big money or you are out. Big money requires that someone be incredibly successful at all phases of their life. You can&#8217;t simply learn from  the past and improve which is the path to the middle class. Your past had to be one of winning in order to keep winning. Even the winners fall off and can&#8217;t come back.  The USA has a stock market mentality. I am rich if my stocks go sky high. Poor if they tank. If you don&#8217;t take your money out at some point you are not rich. The board of directors of the company are rich. You are not. If your stock tanks you are not poor if you have been living in your means and kept your investments separate. If you live a life on credit where your stocks are never ending collateral for a destination that can&#8217;t arrive you are insane. It is insanity how America runs even on an individual level. We really are all Keynesians now. Pumping money into our own lives to float a rosy economic future in the mind rather than to simply go from point a to point b to point c.</p>
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