Comments on: Don’t engage in house-ism http://dangerousintersection.org/2008/05/19/dont-engage-in-house-ism/ Human Animals at the Crossroads of Culture, Science, Religion and Media Fri, 09 Jan 2009 11:31:26 +0000 http://wordpress.org/?v=2.6.5 By: Larry J Carter http://dangerousintersection.org/2008/05/19/dont-engage-in-house-ism/#comment-18759 Larry J Carter Fri, 23 May 2008 02:36:12 +0000 http://dangerousintersection.org/?p=2615#comment-18759 Credit is a form of money, one of the very poorest. It brings to mind interest, which is the cost of moving money that does not yet exist {in the future} into the present. After this, they call it debt. This is how Federal Reserve Notes are created. Someone borrows it into exsistence with interest attached. The consumer of credit is thereby fleeced of buying power because the Federal Reserve Notes to pay the interest were not created. Someone has to borrow it into existence as well. When too many someones have done this, they begin realizing "the borrower is the servant of the lender". Could we reach a situation where folks have no "credit"? Unable to borrow any more? Unable to "service{ant}" any more debt? No other forms of money to convert? Maybe the FED can just give them some dollars to a. buy stocks b. buy gadgets c. buy gas d. buy food ? We have people living in their SUVs, they will not be shopping at Lowes or Home Depot. Enough of that and then those employees are living in their vehicles. Credit is a form of money, one of the very poorest. It brings to mind interest, which is the cost of moving money that does not yet exist {in the future} into the present. After this, they call it debt. This is how Federal Reserve Notes are created. Someone borrows it into exsistence with interest attached. The consumer of credit is thereby fleeced of buying power because the Federal Reserve Notes to pay the interest were not created. Someone has to borrow it into existence as well. When too many someones have done this, they begin realizing “the borrower is the servant of the lender”. Could we reach a situation where folks have no “credit”? Unable to borrow any more? Unable to “service{ant}” any more debt? No other forms of money to convert? Maybe the FED can just give them some dollars to a. buy stocks b. buy gadgets c. buy gas d. buy food ? We have people living in their SUVs, they will not be shopping at Lowes or Home Depot. Enough of that and then those employees are living in their vehicles.

]]> By: Niklaus_Pfirsig http://dangerousintersection.org/2008/05/19/dont-engage-in-house-ism/#comment-18747 Niklaus_Pfirsig Thu, 22 May 2008 17:33:05 +0000 http://dangerousintersection.org/?p=2615#comment-18747 The real point here is that you cannot judge a person's character or even his wealth by his posessions. The reason so many mortgages were forclosed was because of middle income homeowners living beyond their means. A lot of this was due to the "Keeping up with the Jones' "mentality. In my home town, the richest man in the town was a multi-millionaire, who was the major stockholder in a private corporation bank. His attire was such that he was often mistaken for a bum. He drove a 25-year-old rustbuck of a car, and had no interest in making a big showing of his wealth. Dave Ramsey, the well known crusader against debt, has described many times how he once lived large with the big house, expensive car, expensive clothes, and appearing as wealthy when he was actually deep in debt. When I would go buy a CD at the music shop, I had money to buy some cd's. Even when I did not have the Discman cd player. The clerks would notice me for having what they assumed to be an indication of money. I disagree with Larry J Carter. More people do business without money than those that do. It's called credit. The real point here is that you cannot judge a person’s character or even his wealth by his posessions. The reason so many mortgages were forclosed was because of middle income homeowners living beyond their means. A lot of this was due to the “Keeping up with the Jones’ “mentality.
In my home town, the richest man in the town was a multi-millionaire, who was the major stockholder in a private corporation bank. His attire was such that he was often mistaken for a bum. He drove a 25-year-old rustbuck of a car, and had no interest in making a big showing of his wealth.
Dave Ramsey, the well known crusader against debt, has described many times how he once lived large with the big house, expensive car, expensive clothes, and appearing as wealthy when he was actually deep in debt.

When I would go buy a CD at the music shop, I had money to buy some cd’s. Even when I did not have the Discman cd player. The clerks would notice me for having what they assumed to be an indication of money.
I disagree with Larry J Carter. More people do business without money than those that do. It’s called credit.

]]> By: Larry J Carter http://dangerousintersection.org/2008/05/19/dont-engage-in-house-ism/#comment-18729 Larry J Carter Wed, 21 May 2008 22:12:04 +0000 http://dangerousintersection.org/?p=2615#comment-18729 You can't do business with people who have no money. When the money fails, as it always does, the system fails. Those who live by the system will die by the system. When the government checks cease to arrive once a month, the food and consumerist trash will cease to be produced. The riots are anticipated. If you like to bet, short civilization by "coloring up" your chips. "Show me the money" means show me the color {quality of} your money. The better the color the better the quality; ie: it does a better job doing what money is supposed to do. You can’t do business with people who have no money. When the money fails, as it always does, the system fails. Those who live by the system will die by the system. When the government checks cease to arrive once a month, the food and consumerist trash will cease to be produced. The riots are anticipated. If you like to bet, short civilization by “coloring up” your chips. “Show me the money” means show me the color {quality of} your money. The better the color the better the quality; ie: it does a better job doing what money is supposed to do.

]]> By: Erich Vieth http://dangerousintersection.org/2008/05/19/dont-engage-in-house-ism/#comment-18706 Erich Vieth Wed, 21 May 2008 04:19:06 +0000 http://dangerousintersection.org/?p=2615#comment-18706 And don't forget food-ism. Check out the link at this post, showing the type of food eaten by various families from around the world (<a href="http://dangerousintersection.org/2007/12/05/what-do-the-families-of-the-world-eat/" rel="nofollow">here's the link</a>). In the U.S., food is often primarily a display of one's command of resources rather than mere nutrition. Witness these hamburgers costing more than $100 each (and notice all of the other expensive merchandise noted at this same site) http://most-expensive.net/hamburger And don’t forget food-ism. Check out the link at this post, showing the type of food eaten by various families from around the world (here’s the link). In the U.S., food is often primarily a display of one’s command of resources rather than mere nutrition. Witness these hamburgers costing more than $100 each (and notice all of the other expensive merchandise noted at this same site) http://most-expensive.net/hamburger

]]> By: Niklaus_Pfirsig http://dangerousintersection.org/2008/05/19/dont-engage-in-house-ism/#comment-18688 Niklaus_Pfirsig Tue, 20 May 2008 15:18:27 +0000 http://dangerousintersection.org/?p=2615#comment-18688 These "isms" extend to everthing, and it seems to be both a cause and a symptom of conspicuous consumption. Back in the 1980's, when portable CD players were a new idea, I happened to find a Sony Discman (at the time a $400 item) at a salvage store in nonworking condition. I bought it for $10 as I knew I could repair the problem. It was soon after that I noticed an odd effect. I could walk into the record store at the mall, in my usual casual attire, and the clerks wouldn't give me the time of day. On the other hand, I could walk into the same store, dressed the same way, but with the cd player strapped on and I would be treated like royalty. These “isms” extend to everthing, and it seems to be both a cause and a symptom of conspicuous consumption.
Back in the 1980’s, when portable CD players were a new idea, I happened to find a Sony Discman (at the time a $400 item) at a salvage store in nonworking condition. I bought it for $10 as I knew I could repair the problem.
It was soon after that I noticed an odd effect. I could walk into the record store at the mall, in my usual casual attire, and the clerks wouldn’t give me the time of day. On the other hand, I could walk into the same store, dressed the same way, but with the cd player strapped on and I would be treated like royalty.

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