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The American dream no more?

Discussions about the economic and financial ramifications of PEAK OIL

Re: The American dream no more?

Unread postby Arsenal » Mon 29 Dec 2008, 11:49:57

Nice find cbxer55.

Thanks for the link.
If the American people ever allow the banks to control issuance of their currency, first by inflation and then by deflation, the banks and corporations that grow up around them will deprive the people of all property until their children will wake up homeless on the continent their fathers occupied. T Jefferson
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Re: The American dream no more?

Unread postby Jotapay » Mon 29 Dec 2008, 13:56:56

The only American Dream exists in your dreams now. It's a rigged and set game now.
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Re: The American dream no more?

Unread postby AlexdeLarge » Mon 29 Dec 2008, 15:38:07

Thanks CB !

"The American Dream was not founded upon wealth and materialism. It revolves around achieving a better life based on the merits of your intelligence, hard work and contribution to the community of all Americans."

Love that quote !
Viddy well, little brother. Viddy well.
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Re: The American dream no more?

Unread postby vision-master » Mon 29 Dec 2008, 15:44:40

AlexdeLarge wrote:Thanks CB !

"The American Dream was not founded upon wealth and materialism. It revolves around achieving a better life based on the merits of your intelligence, hard work and contribution to the community of all Americans."

Love that quote !


Even South Americans?

Or, don't they count!
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Re: The American dream no more?

Unread postby Concerned » Mon 29 Dec 2008, 16:42:32

vision-master wrote:
AlexdeLarge wrote:Thanks CB !

"The American Dream was not founded upon wealth and materialism. It revolves around achieving a better life based on the merits of your intelligence, hard work and contribution to the community of all Americans."

Love that quote !


Even South Americans?

Or, don't they count!


It has always been a "dream"

You think stealing the land from the original inhabitants had anything to do with "merit"? More like might is right..

How about all the "hard work" the railroad tycoons did amassing their millions? (billions in today's dollars)

Let me guess the multimillion dollar salary and bonuses for destroying bank, insurance and finance companies is all about "merit" and "hard work"...

hahaha "dream" is indeed a good word to be using. Delusion might be better *shrug*
"Once the game is over, the king and the pawn go back in the same box."
-Italian Proverb
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Re: The American dream no more?

Unread postby phaster » Mon 05 Jan 2009, 02:37:17

Concerned wrote:
vision-master wrote:
AlexdeLarge wrote:Thanks CB !

"The American Dream was not founded upon wealth and materialism. It revolves around achieving a better life based on the merits of your intelligence, hard work and contribution to the community of all Americans."

Love that quote !


Even South Americans?

Or, don't they count!


It has always been a "dream"

You think stealing the land from the original inhabitants had anything to do with "merit"? More like might is right..

How about all the "hard work" the railroad tycoons did amassing their millions? (billions in today's dollars)

Let me guess the multimillion dollar salary and bonuses for destroying bank, insurance and finance companies is all about "merit" and "hard work"...

hahaha "dream" is indeed a good word to be using. Delusion might be better *shrug*




Delusions like many other things are double edge swords, for example a few years ago I was somewhat pessimistic during the boom times knowing that the economic party could not last forever and knew if things continued there would be hell to pay in terms of the economy becuase of too much leverage (i.e. credit), and that there would be hell to pay in terms of the environment because of mankinds refusal to acknowledge the problems of global climate change and the problem of peak oil production.

The reality is problems always existed in the economy and the environment, basically the system was unsustainable. We as a society are having to come to terms with the hard reality that a society and social system based on consumption and easy credit is not sustainable.

What has happened IMHO is a peaking of expectations, in terms of consumption, and that is not a bad thing because it is going to open up a new era of wealth based on "merits of your intelligence, hard work and contribution to the community of all Americans."

It might be helpful to remind people who are looking to be successful investors, be fearful when others are irrational and exuberant, and be optismistic when others are $hitting in their shorts...

Like everyone else making an honest buck in the markets, I got burned with some of my long term holding (I've owned a few alternative energy equities that really took a dive), but I figure this downturn is an opportunity of sorts to dollar cost average into industries that will create $$$ investments in sectors of the economy which not create as much environmental damage as disposable consumer products.
truth is,...

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Re: The American dream no more?

Unread postby hironegro » Mon 05 Jan 2009, 05:38:48

AlexdeLarge wrote:Thanks CB !

"The American Dream was not founded upon wealth and materialism. It revolves around achieving a better life based on the merits of your intelligence, hard work and contribution to the community of all Americans."

Love that quote !
.

Or luck and family connections.
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Re: The American dream no more?

Unread postby joewp » Mon 05 Jan 2009, 23:33:16

George Carlin said it's called the American dream because you have to be asleep to believe it.
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"Only when the last tree is cut; only when the last river is polluted; only when the last fish is caught; only then will they realize that you cannot eat money." - Cree Indian Proverb
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