For those who listen and watch, the real estate balloon is way over inflated. When it deflates, the fall out will fall into the coffers of those who stoked the fire. The other <1% will get the ashes.
The capricious nature of the gods of chance indulge in fun exercises. They let human being become so burdened that they can just barely keep their noses above water. Then, the playful darlings giggle and start making waves.
Example: a man depending on steady employment with a company, buys a home, moves, and settles in. His debt level is now nostril high, but he is treading water well enough. A month later, a personal disagreement between his manager and another who assumes control, sees this guy and 32 others in the department let go as their jobs are no longer applicable in the new alignment. To top it off with a really nasty cap, two weeks later, the 32 jobs are advertised as open, but none of the dispossessed are allowed to apply.
Humankind must be a really fun channel on intergalactic tv.
Funny thing, the tax law WIley is attempting to lampoon has actually worked to the point where the union membership, not the leadership supports Trump. Welfare is at an all-time low, unemployment is at an all-time low, and people who have had no raises since Obama took office are now getting them. More trickle, please.
As I recall, didn’t Bush/Cheney give tax cuts to their friends, saying deficits don’t matter…. didn’t they deregulate the banks? …remember Glass-Steagall and the joy of deregulation? …how did that end?
Now Trump gives tax cuts to his friends and family… and deregulates every agency in the government… how will this end?
Mark Twain said, “History doesn’t repeat itself, but it does rhyme.”
Equal outcome for unequal effort always leads to less effort overall.Regulating free markets and their consequences is what leads to economic “tsunamis”.
The 1% have ALWAYS been insulated from ANY kind of economic system and they always will be.
The ONLY economic system that allows ANYONE the OPPORTUNITY to be in the 1% is Capitalism.
The only economic system in practice today that affords the anyone to actually BE anyone is the American economic system, that is a Capitalistic/Socialistic hybrid with an emphasis on Capitalism.
Unfortunately, the regulations, which increase or decrease with whichever political has the legislative power and which are enacted by BOTH political parties, are the reason we have the corruption in both parties which allowed our system to morph into Corporatism.
“Democratic Socialism” or whichever Collectivist flavor of some other century one cares to embrace is NOT the answer. Shifting the emphasis Capitalism to Socialism is the REAL economic tsunami to fear. That will do nothing but stifle production and innovation.
If one wants to avoid Wiley’s forecasted tsunami, get rid of ALL free market regulations, and actually enforce consequences for corruption.
willispate about 6 years ago
Why do i suddenly feel like i’m in an episode of The Twilight Zone?
hangedman about 6 years ago
Moon, Star, Sun, World, and Judgment.
Bilan about 6 years ago
Another case of time travelling paradox. If she does sell the dinah, then she won’t be able to come back in time to tell her to sell.
Say What? Premium Member about 6 years ago
Will Flo be beside herself over the prospect?
somebodyshort about 6 years ago
The big question, Will Eddie pay his bar tab?
sandpiper about 6 years ago
For those who listen and watch, the real estate balloon is way over inflated. When it deflates, the fall out will fall into the coffers of those who stoked the fire. The other <1% will get the ashes.
daveoverpar about 6 years ago
I think she said to sell Danae, not dinah.
ptnjbrown about 6 years ago
When someone says “trickle down effect” think of what a dog does to a fire hydrant….it kills the grass not fertilize it.
wirepunchr about 6 years ago
Nice mind visual. ;-}
tripwire45 about 6 years ago
Whenever anyone gives advice like “future Mom,” somebody else always gets rich off of it.
terryfitz Premium Member about 6 years ago
Anyone who believes that tsunami nonsense really does need to sell their dinah since they obviously need the money for remedial classes in logic.
Lou about 6 years ago
I just noticed the exclamation points coming out of Eddie’s pipe. Pretty clever.
kaffekup about 6 years ago
republicans have controlled the White House, Congress and the Supreme Court for two years. Talke some responsibility for a change, children.
Tootsie Premium Member about 6 years ago
Good one Wiley. Nebbish is magical.
sandpiper about 6 years ago
The capricious nature of the gods of chance indulge in fun exercises. They let human being become so burdened that they can just barely keep their noses above water. Then, the playful darlings giggle and start making waves.
Example: a man depending on steady employment with a company, buys a home, moves, and settles in. His debt level is now nostril high, but he is treading water well enough. A month later, a personal disagreement between his manager and another who assumes control, sees this guy and 32 others in the department let go as their jobs are no longer applicable in the new alignment. To top it off with a really nasty cap, two weeks later, the 32 jobs are advertised as open, but none of the dispossessed are allowed to apply.
Humankind must be a really fun channel on intergalactic tv.
asmbeers about 6 years ago
Funny thing, the tax law WIley is attempting to lampoon has actually worked to the point where the union membership, not the leadership supports Trump. Welfare is at an all-time low, unemployment is at an all-time low, and people who have had no raises since Obama took office are now getting them. More trickle, please.
feverjr Premium Member about 6 years ago
As I recall, didn’t Bush/Cheney give tax cuts to their friends, saying deficits don’t matter…. didn’t they deregulate the banks? …remember Glass-Steagall and the joy of deregulation? …how did that end?
Now Trump gives tax cuts to his friends and family… and deregulates every agency in the government… how will this end?
Mark Twain said, “History doesn’t repeat itself, but it does rhyme.”Lenavid about 6 years ago
Equal outcome for unequal effort always leads to less effort overall.Regulating free markets and their consequences is what leads to economic “tsunamis”.
The 1% have ALWAYS been insulated from ANY kind of economic system and they always will be.
The ONLY economic system that allows ANYONE the OPPORTUNITY to be in the 1% is Capitalism.
The only economic system in practice today that affords the anyone to actually BE anyone is the American economic system, that is a Capitalistic/Socialistic hybrid with an emphasis on Capitalism.
Unfortunately, the regulations, which increase or decrease with whichever political has the legislative power and which are enacted by BOTH political parties, are the reason we have the corruption in both parties which allowed our system to morph into Corporatism.
“Democratic Socialism” or whichever Collectivist flavor of some other century one cares to embrace is NOT the answer. Shifting the emphasis Capitalism to Socialism is the REAL economic tsunami to fear. That will do nothing but stifle production and innovation.
If one wants to avoid Wiley’s forecasted tsunami, get rid of ALL free market regulations, and actually enforce consequences for corruption.