The question is, “How do you turn litter into money?”

Warren Mosler:   The question is,  “How do you turn litter into money?”

So, I take my business cards out here, and these are twenty dollars a piece, if anybody wants to buy any. No? Any takers? No? Okay. [00:00:19]

All right, well if anybody wants to stay after and help clean up the carpet and tidy up the room, I’m going to pay one per hour. Or five per hour, or whatever, one per hour. Anybody want to stay and help? Okay, not a lot of takers. [00:00:30]

Then I add one more thing: Look, there’s only one way out of here and there’s a man at the door with a nine millimeter machine gun. Okay? And you can’t get out of here without five of my cards.

Now things have changed. I’ve now turned litter into money. Now, you will buy these, you will work for these things if you want to get out. The man at the door is the tax man and that’s the function of taxes.

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Open the Debates to All Ballot Qualified Candidates

Up To My Arm Pits In Arbitrary

I am fed up with hearing arbitrary accusations directed at Main Street.   Moreover I'm sick of Main Street wearing the shoe all the while the banksters looking down their noses at us as though we would be screwed without them.   Main Street wasn't overleveraged until we lost our jobs.

How much is too much, exactly?  Approximately? 

Too much of what, specifically?  Generally?

Were there too many birthdays? Weddings? Did we take too many vacations?  Did we buy too many Xboxes, flat screens or ipods?  Did we download too much music, spend too much on clothes?   Did we trade in too many old cars for new cars?  Maybe we ordered too many pizzas!! Did we remodel our homes too much, go to the gym too much?  Did our children take too many fieldtrips, eat too many Happy Meals?  Did we allow them to have too many pets?  Too many kinds of pets?  Were there too many hoards of Hotwheels, Beanie Babies and/or Pokemon cards?  Is my grass too green?   Did we have too much fun, drink too many Red Bulls, fly too frequently?  Did we run the a/c too much.  Did we buy too many refridgerator magnets?   Did we subscribe to too many movie channels? 

Then tell me how much is too much?  

I need to know because I’m pretty sure that Stu Varney’s accent is too annoying. Jim Roger’s bow tie is too tight,  Katie Couric has too many pages in her notebook and George Clooney is way too good looking. 

:)

Warren Mosler part 5

Argentina '...economy was strong and political approval was something like 70%'

Unemployment COULD have peaked at 6%!!

The Social Security Trust Fund - What It Is And What It Isn't

The U.S. Dollar Monetary System: Is It A Vault or Spreadsheet?