Homestead mailing list

["Lynda" <lurine AT softcom.net>]

So, then following your Ford argument to its logical conclusion, you think 
that consumerism is king and should be propped up no matter what the 
expense.  Because, the only reason Ford is laying off is because folks 
aren't buying  WHAT THEY CAN'T AFFORD!

And, believe me, *real* small businesses are NOT paying anything with loans 
from banks.  And, having managed a "small" business that was one of those 
franchises that you are talking about, my store made more than enough money 
to pay wages and purchases and overhead.  There was no need for loans to pay 
anything.  We ran at a 35 to 42 GPA.  If a franchise isn't doing at least a 
31 GPS, then they shouldn't be IN business.  A 31 is more than enough to pay 
the bills/wages AND put money in the bank!

BTW, Ford didn't "loose" anything.  They didn't do what they expected and 
their expectations were based on the false economy of buy, buy, buy even if 
you don't have too subway tokens to rub together, borrow, borrow, borrow, 
credit cards, credit cards, credit cards.

Reality is coming home to roost!

Lynda
----- Original Message ----- 
From: "bob ford" <bobford79 AT yahoo.com>


> Hey, wait a minute, James <G>.  I'm as philosophically opposed to any 
> bail-out as you.  But, I am very worried about how the markets could ruin 
> people;
>
> I'm concerned how even small businesses, in cities, and in small towns, 
> can function in a new economic paradigm, thrust upon them with no notice.
>
> Perhaps the local gas station near the state line doesn't have a credit 
> account with Mobil or BP, but I'll bet the ones in Johnson City, 
> Knoxville, Oak Ridge, etc. will.  As will the local Napa store, the the 
> local restaurants who have accounts with food distributor.  And, all of 
> those places have employees --hard working people--who could lose their 
> jobs.
>
> Perhaps the trickle down theory of prosperity didn't work; but, I'm 
> willing to wager that the trickle down of misery will be quite apparent.
>
> I can't believe that you have no friends, acquaintances, cousins, in-laws, 
> musician friends,  etc. that are immune from such an economic collapse.
>
> Ford lost a third of sales this quarter (announced thirty minutes ago) 
> ford dealerships hire salesmen, mechanics, secretaries, etc.  Ford could 
> soon be gone.  Those employees eat at restaurants, pay to go to lounges to 
> listen to musicians and eat fried shrimp and nachos.  It is all 
> interconnected
>
> I don't disagree with you.  I think you are correct.  I keep reading Ron 
> Paul , WSJ, Financial Times, etc.  trying to figure out how this mess 
> could further itself without hurting people for whom I care.  Right now, I 
> don't see how that is possible.  ...............bobford
>
>
>
>
> --- On Wed, 10/1/08, Clansgian AT wmconnect.com <Clansgian AT wmconnect.com> 
> wrote:
>
> > From: Clansgian AT wmconnect.com <Clansgian AT wmconnect.com>
> > Subject: Re: [Homestead] Is it serious, or is it not?
> > To: homestead AT lists.ibiblio.org
> > Date: Wednesday, October 1, 2008, 10:16 AM
> > >  >I get the impression that it IS important
> > > TO THEM.
> >
> > To most Americans, and espcially, I'd suppose, to those
> > on this list, all
> > this blather about the big banks needing bailed out because
> > otherwise the bottom
> > rung worker will be harmed seems an odd concept .... except
> > maybe to Bob.
> >
> > But to understand this, you have to keep in mind that the
> > wealthy, mainly
> > wealthy conservatives and Repbublicans but also most
> > wealthy Democrats, believe
> > Reagan's 'Tinkle Down Economics' as if it were
> > gospel, as if it were one of the
> > fundamental cosmic laws of the universe.
> >
> > Put on the spot they (the plutarchs) would freely admit
> > that the money is
> > ONLY going to help the very wealthy bankers and their
> > interest.  BUT, say they,
> > the common worker's very life and breath depends on the
> > wealthy 'creating'
> > jobs.  If the wealthy don't stay wealthy, the poor, for
> > lack of jobs, would perish
> > in the streets.
> >
> > The homesteading life and many other life styles like
> > non-debt entrepreneur,
> > the craftsman, the artisan, etc. do NOT depend on the
> > wealthy's tide that
> > floats all ships.   </HTML>
> > _______________________________________________
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>
>
>
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