News of the SUPER-WEIRD: Thou Shalt Not Mint It! LOL

Cloud, my mother was on the border cutoff on whether we qualified for food stamps growing up. Everything I did in life I paid for my own self. I owe no man anything, save for my mother. I didn't have educational opportunities given to me, heck I grew up on the worst side of town with the poorest schools. I TOOK what I wanted, refusing to be either a helpless victim or choosing the easy way out in life.

No, I do not believe corporations exist for the public good. I believe they exist to make profits for their owners, like any business. If you are a shareholder, you have your say in the business, otherwise you have no say. Corporations are not public charities. My church is a charity I donate to, when I buy stocks I am expecting a profit.

Sorry if I came across as a "let them eat cake" kind of post. I was going more for, "get off your rear, take charge of your life, and go TAKE what you need to get a better job" kind of a post.

Again, why is it so many immigrants can come here and become so successful, with so many challenges natively born Americans don't have? Its because they are willing to do what needs to be done, work hard, and MAKE a better life for themselves. They don't sit around waiting for the government to do something for them. That was the tone of the post I was going for, maybe I didn't succeed.

 

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Here is the problem. I don't care what side of the fence your on, but it's a problem.

I'm STILL without a job.

I've lowered my expectations quite a bit. At 1st I wanted to work as a salesman somewhere, like Sears.

Then I applied for counter work at places like Autozone, Orileys, and the like.

With no results, I went lower, I put my app into places like McDonald's, Wendy's, Subway, etc.

I even put my app into janitorial places, like the hospital.

Guess what? I still don't have a job, after putting my app into two dozens places.

The reason?

Due to corporate greed (this is a non-party issue), CEOs moved millions of jobs to Mexico, India, and China.

15 years ago ( I was 6, but still remember), most people who worked fast food where in HS.

Now I see people in their THIRTIES, with college degrees, asking "do you want fries with that"?

When all those manufacturing jobs went away, all those people working needed jobs.

Well do you think Wendy's or Subway, is gonna take a 30 year old with a College Degree, over someone who is 20, with only a HS Diploma? Sure they are.

Maybe the answer is college, well guess what? Sometime in April, it was published that FIFTY PERCENT of college grads cannot find a job.

The problem is, that there are NOT ENOUGH jobs to go around. I don't give a rat's behind if you have a MBA, PHD, or whatever, your chance of getting a job is still not very good.

I knew of someone who wanted to be a teacher. One position open for a school, in a town of 35,000, guess how many well educated people, who had teaching degrees, applied for that job? 800!

Does that give you any clue, as to how bad it really is?

The point is, until all those jobs that greedy CEO's shipped overseas, come back, it's gonna be rough for everyone. It has been rough since Day 1 of them doing it, and it will not improve.

I know people working 2-3 jobs, just to stay afloat. You cannot live on min wage, it's simply not possible.

The average man, working 40 hours a week, min wage, takes home roughly $1000 a month.

Rent $400
Groceries $200.
Car Payment $200
Phone and internet $80

You see? We already spent most of his pay, with little left to go around.

Both sides can talk whatever they want, but the truth is this:

Until all those jobs that were sent offshore, come back to OUR SHORE, it's gonna be the same crap, just a different day.

 

I would have thought that someone with your family background would have a bit more sympathy for those at the bottom trying to raise themselves up. Of course, you did that before the influx of folks underbidding you for jobs and you probably didn't have a quarter million dollars of debt upon completion of college. I've had this debate with other people all the time because it is obvious to me that the young folks starting out today have a much harder climb ahead of them than I did; not because they are lazy or incompetent, but because of national economic policies and corporate policies that are roadblocks that neither of us ever had to overcome. Why do you wish such hardship on your fellow Americans when there is a solution? Also, I couldn't disagree more about corporations. The founding fathers put pretty strict limits on the power of government and churches over people in their day because these were the two largest organizations at the time. I imagine that if large international corporations existed then, similar controls would have been put on them too.

 

So Detecto, do you shop at Walmart or at a store that only sells US goods?

It was never the "greedy CEO's", it was always the "greedy consumer" who refused to pay higher prices for US made goods, and made Walmart the largest corporation in the world.

"Blame" all of your fellow citizens, and their refusal to pay more to support US made goods, if you wish to "blame" anyone.

Btw, if its so bloody bad where you are at, why haven't you moved? I just hired an employee paying over 6 figures and only got about 7 applications. Yes, I wanted a college degree in a related field, and some experience, but for you to come here and say there are no opportunities in the US is simply untrue.

Seriously Tim, you have NO skills, live in a small town, and haven't been successful for more than a few days at the jobs you have gotten. Please do not project your experience on the entire US. I moved away from my family to take a better job. Sometimes in life its just needed. The factory jobs where I work start off at $15 an hour with a rich benefit plan. There are jobs out there IMO. I get calls monthly from recruiters wishing me to apply for other positions.

 

Story? Like the sasquatch? Look, IF PAUL KRUGMAN (Nobel Prize Winner, bub) is presenting this -- and NOT tongue-in-cheek -- it's a real option or distinct possibility (even if, as medoraman points out, it becomes a 1 oz gimmick.) The Republicans block-bill proves it's kicking, lol

For those suggesting the impossibility of a really humonguous coin, I point your attention to this : a 1,000 kg example which currently exists.




I see no reason the United States cannot mint a 1,776 ozt Pt coin (a mere 55 kg 239.77g) unless we really are total losers. (Once upon a time, America made the biggest & best of everything!) The world's largest Pt coin is currently the 1 kg Pt Australian Koala: we can beat that!



I favor the Bicentennial theme... shoop the faces of Boner, McConnell and Mittens?

 

Successful? Is working for min wage at Walmart successful? Not by a long shot.

Last time I checked, out of the half dozen places I've worked, I never saw an immigrant as supervisor, boss, or anything 1 step above the common worker.

I've never seen an immigrant with a College Degree. I never saw an immigrant working at the post office, as a teacher, a firefighter, or any thing of that sort.

I'm not bashing immigrants, they are VERY hard working people, but they can't have it any better than we do. There is no yellow-brick road for them, or us.

 

Please ppl: take this off-topic political chatter off my thread. Thx.

Politics of the coin: o.k.

 

Well, because a lot of people CANNOT AFFORD US made goods.

There are a lot of things made in USA I would be happy to buy, IF THERE were made in USA. Go to Walmart and try to find a pair of shoes made in USA. Stop by Verizon and try to find a cell phone made in USA. Go to GAP and find me some shirts made in USA.

When you come back, I'm betting 99% you will leave empty handed.

I metal detect, and my metal detector, digger, and pinpointer are all USA made. Are there Chinese metal detectors, diggers and pinpointers? YES! I bought American, because I support the American worker.

But if you don't have a choice to buy American, what do you do?

We didn't have a choice to buy American. Do you really think if everyone bought American, that would of stopped the offshoring of jobs? NO! It was a decision made by CEOs who figured it would be cheaper to pay someone 50 cents an hour VS $7 an hour. There is nothing you, me or ANYONE could of done to stop it, or they would of.

 

Maybe the founding fathers would sir, I just don't know. I simply do not know how people view a private business as some kind of charity that should have to give more than the high level at which they are already taxed.

Regarding being cold to my fellow Americans, I am trying to spur them to action. I had zero money for college from parents or savings, so I joined ROTC, joined the National Guard, (fought in the gulf war in the middle of my education), and worked 40 hours a week to pay my own way through college at a state school. I couldn't afford a private college.

how many of your $250,000 in debt college graduates can say that? I have read their stories repeatedly. Its always the same, "I borrowed to go to an expensive private school, not working while I was going to college, got a 2.4 GPA in a worthless field, and now I am mad because I cannot get a great job with no experience". Get real. I pulled a 3.8 GPA in a field I didn't like simply because it had the highest placement at graduation. You do what you need to in life, and that included getting little sleep while working my rear off for 4 years. If I can do it, anyone else can. My cousin's kid just did exactly what I did, and graduated with $8,000 in student loans with no help from their parents from a 4 year school. That kid will be successful because she is willing to put in the work.

I hate it you believe I am looking down or wishing ill will towards anyone, I am writing this to encourage everyone that with hard work you CAN be successful in this country, regardless of your economic background. Get off your rear and DO IT.

 

Fair enough sir, I will stop.

 

If I had the money to move, I would of, a long time ago. I hate living here.

Do you seriously think I can just pack all my crap up, and a Penske truck will move it for free? Do you think the Apartment I move to will feel sorry for me, and let me live for free, for a month while I find a job?

No, all of that costs money, and without a job, about all I can do is expect it to fall from the sky, and I seriously doubt that is going to happen anytime soon.

I'm sure I could commute. But gasoline and car insurance are not free.

You really need to get into touch with reality, and the reality is that the day of "someone pulling themselves up by their bootstraps" is long......long gone. We are way past that.

The "american dream" is long over, and now it's just a nightmare.

 

Where is this mythical store people can shop at that sells only US goods? It's absurd to blame the consumer for the greed of management. When Sam Walton was alive, he only stocked goods made in the US. And since this provided a market for the goods, US companies could afford to make them. When Sam died, the succeeding management took the US goods out of the stores and replaced them with cheap foreign goods. Tariffs could have stopped that practice and preserved the US jobs, but since Congress is bought and paid for, they didn't bother. So don't blame the consumer and pretend they have all of this power. That's a myth the wealthy use to ease their conscience, but it won't save their soul.

 

I think a 1ozt Pt coin marked "$1 Trillion" would really anger alot of Americans - a total fraud!
But a real massive coin would not. That WOULD be 'worth something' after all ... and scale suits patriotic bullionists (the right-wing.) Heck: put REAGAN'S mug on it, that'll shut 'em up.

This proposed coin would currently have intrinsic value @ USD 1,573. ozt of $2,793,648. It would probably cost ~$3 mln per to mint.
US debt would be ~12 coins, ~$36 mln to produce. That's not a trifle either: 'real money.'

You might argue it's a 'gimmick' ...but most of American culture is a gimmick too: SO WAT. Everything is pure Disney for the peanut-gallery of Paper dupes anyway.

Coin enthusiasts would gladly pay $5. to visit the US Treasury or Fed or wherever, to see 'Big Bertha' and then buy keychains, tees and other schwag. SO that $36 mln investment would pay for itself over a few years or so.

 

You hit the nail right on the head.

 

Also, if your poor, and a US made widget is $100, and a Chinese one is $20, which one would you be most likely to buy?

 

I somewhat agree. If the US Treasury can give value to a piece of paper by writing "$1T bond" on it, surely they can write $1T dollars on a coin and accomplish the same thing. But I would only apply this to the bonds held by the Fed and by the Social Security Administration. I don't think any harm would come from extinguishing the debt promised by one part of government to another [and yes, I consider the Fed part of government or that it could be part of government with the stroke of a congressional pen].

 

I agree! Mint the coin! But my reasons are slightly different. Give it to the Fed who we owe all sorts of money to, to pay them back a bit so we can continue with business more or less as usual. Extend and pretend I say. The only other alternative is to have the whole thing go down, and that wouldn't be pretty. By minting this bogus coin we give ourselves a little breathing space, and we might just figure something out in the meantime. It should be huge, because we're putting a trillion dollar value on it. It should be as big as the Space shuttle or something, and they should make a big show of putting it into a giant vault. That's my 2 cents...

 

It WILL cost alot more (obv) but I think some Americans would be very proud of a monster coin.
And it wouldn't be bad PR for coin-collectors nor bullionists either.

Win-win, IMO. (Bigger-is-better theme, only.)

Rachel Maddow's not yet on board w/ this yet lol:
http://maddowblog.msnbc.com/_news/2...-pushes-remedy-to-platinum-coin-loophole?lite

 

Consider the gold price at 58,000 US per kg. Take the amount that only China holds in US public dept 1.1 trillion. US gold production 2010 of 250 tons. It will take 75 years to mine the gold just to pay China not considering infalation or interest. The dept cannot be paid.

 

I would make it a one or two ounce coin to make sure everyone understood that the US government has the power to extinguish debt in this manner. This proposal will never be enacted in my opinion, but by watching the various media figures, it will be easy to see who are the globalists and who are the Americans.