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Thursday, November 20, 2008
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| PricedOut Discussion
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lazen
Activist
 Posts:296
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| 09/08/2008 10:50 AM |
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lazen
Activist
 Posts:296
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| 09/08/2008 11:11 AM |
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lazen
Activist
 Posts:296
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| 09/08/2008 11:11 AM |
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lazen
Activist
 Posts:296
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| 09/08/2008 11:14 AM |
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oooops so GOOD they named it twice. "Greed was their God" But sadly he must be asleep of late. 50% House Price Fall anyone?
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Asteve
Activist
 Posts:930
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| 09/08/2008 4:04 PM |
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The film is called "Boiler Room" - I think - and it is a great film, but I didn't think it especially relevant to the cost of homes... beyond financial deception, I suppose.
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lazen
Activist
 Posts:296
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| 10/08/2008 3:44 AM |
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1987 and they still havent learned. This Greed is Good thing all began around 1981 the date of Mrs Thatchers "triumphal entry"into 10 Downing Street. But it was mirrored in the cinema in American Gigolo film. This film presented audiences with a completely new ethos to life and at the time was considerably contrarian in a world where Marxists and Unions and Hippies and Punks "ruled". American Gigolo (1981)opened with the new "status dream". A City Slicker in a convertible luxury car speeding along the Interstate dressed in a Grey Brooks Bros suit to the music of Blondies'"Call me". If theyd been invented he'd have had an I Pod Mobile Phone too. This was the start of the Greed is Good Gung Ho Capitalist New Age. which is just ending now. Dont forget before then films speeding along Interstates were ones like Easy Rider with Bearded Hippies. It was this time 1981 when Suits became "in" And Greed became good.
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unclealbert
Activist
 Posts:442
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| 11/08/2008 1:13 PM |
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This my friend, is exactly where it started to go wrong. The World's inhabitants was misguided and enveloped this new goal with abandoment. Okay we are PricedOut (thankfully) but having to grow up with the pre-81 ethics i believe has made me a better person on the whole. I've certainly experienced some life changing dreams and all because i didnt have enough money. Money. I hate the stuff and everything it stands for. Humankind became greedy and now the World is balancing that again. But it will never be the same again, ever. Some have learnt, some have lost and some are still making money their number one goal.
A very old phrase which is very apt, "Money is the root of all evil". |
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Asteve
Activist
 Posts:930
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| 12/08/2008 10:00 AM |
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Posted By unclealbert on 11/08/2008 1:13 PM
A very old phrase which is very apt, "Money is the root of all evil". I consider this a false statement. Was it proposed by the Catholic church as a reason to give all wealth to them? I wouldn't be surprised.
It isn't money that is the problem, the problem is debt... or, in other parlance, "leverage" or "gearing" or "balance sheet liabilities".
It is permitting the absence of money, the exact opposite of money, that is, in fact, the root of all evil.
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unclealbert
Activist
 Posts:442
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| 13/08/2008 8:42 PM |
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okay if we want to break it down:
THE LOVE FOR MONEY (greed) IS THE ROOT OF ALL EVIL.
I stand by that statement and consider this a true statement |
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Asteve
Activist
 Posts:930
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| 14/08/2008 3:54 AM |
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There's still a snag, as far as I see it. I've refrained from wanting to tell people in social circumstances that I've spent my free time for a year or so "interested in money" - because I expect them to fail to grasp the concept - and assume that I've admitted avarice - which is certainly not what I mean... I'm no more or less avaricious than I ever was - but I became very interested in the mechanism by which money works; how its nature has changed during my lifetime; and how economies - and with them - the people in their everyday lives are controlled/constrained.
I don't think money is necessarily evil. Greed is certainly independent of money and can arise with or without currency. In fact, if one is to be greedy, I can think of far worse things to covet than money... just about anything else, in fact.
I'd say that fundamentalism is the root of all evil. This might be fundamentalist belief in a particular religious doctrine, or the supremacy of a particular race, religion or nation; it might be from the obsessive pursuit of fame or fortune to the detriment of any other concern; it might be the fundamentalist adoption of free-markets or a particular political idea (including today's popular democracy, for example) to the abandon of all other considerations.
Greed, Gluttony, Sloth, Wrath, Envy, Pride and Lust were codified by the time of Dante as 'bad shit' - though I suspect lust was a more specific concept in those days. Things have changed very little over the past 1500 years - and, some (including myself) would argue that we're in trouble today because these traits are endemic within both the Treasury, the regulators (FSA) and, in a wider sense, throughout financial services. Time will tell how this will play out, but history suggests that the consequences aren't usually rosy for most.
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