FLASH BACK !Pelosi: Health Reform Will Create 400,000 Jobs "Almost Immediately"

[Nitro Express]

Do you mean not making a profit off idle money and not making a profit off a speculative future <> regardless if the outcome is good or bad? Isn’t that a rather iniquitous concept?

What I mean by wealth hoarding is monopolies. Once you have monopolies you no longer have a free market because the market becomes rigged due to most the wealth falling into too few hands. You have to have some government regulation or a few fat cats own everything and the following abuses and price increases follow. Government regulation works as long as the public stay on top of their politicians but as soon as the public gets distracted and the politicians get bought off by the monopolies you have the situation the US is in now. No real regulation except for the monopolies to run their competition out of business or seize assets.

[standin]

Perhaps pithily put you are meaning, "Corruption is bad, m'kay"

[Nitro Express]

Pretty much. Corruption is like piss in a swimming pool. Everyone knows people (especially kids) piss in public swimming pools. A certain amount of piss goes unnoticed and doesn't do too much harm. It's when the ratio of piss to water increases where you start to get problems and too much becomes a major hazard. Or dirty engine oil. If you just continue to let it get gunked up the engine eventually becomes destroyed because of the corruption.

[standin]

hahaha. I am not sure about that analogy. But corruption is a part of the sociology of society. There are factors in the why of corruption. And I suppose, those factors could apply to peeing in a pool. hahaha.

[standin]

If any one of the corners of the fraud triangle are askew then fraud is likely to occur.

[Nitro Express]

You are going to have some fraud. People aren't perfect and that's to be expected. The resulting theft from it even has a business term. It's called leakage. In fact, I fired one guy because he was incompetent and the next guy I hired was stealing from me. One of my customers told me my employee was ripping me off and I said I know but he's an excellent manager and is costing me less than the incompetent dolt was. So you accept some piss.

I think anyone who runs their own business or is in management in the US will agree with me. It's extremely hard to find good employees right now. In fact, my brother in law is closing down half his businesses not that there is no demand to keep them open but he just can't find good employees. I know someone who closed down their restaurant for the same reason. Then I got out of the residential real estate business because I was tired of dealing with crappy tenants. People I know who have been in that business for 40 years say finding good tenants now is a huge problem they rarely had 25 years ago.

So from a business standpoint everyone is seeing a general decline in societies work ethic, intelligence, and ethics. Why would the government be any different? The more piss in the pool the more difficult it is to get things done, the more expensive things become and less enjoyable thing are. That's my observation.