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Mass Layoffs not to be reported anymore...
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Layoff The Bad News
No news is good news...
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#1
Hypertiger 
- Assistant Professor of Stock Proctology
-
- Group: Banned
- Posts: 3,270
- Joined: 16-July 02
Posted 01 January 2003 - 08:46 PM
"We are completely dependant on the commercial banks. Someone has to borrow every dollar we have in circulation, cash or credit. If the banks create ample synthetic money (at the request of the consumer) we are prosperous; if not, we starve. We are absolutely without a permanent money system.... It is the most important subject intelligent persons can investigate and reflect upon. It is so important that our present civilization may collapse unless it becomes widely understood and the defects remedied very soon." --Robert H. Hemphill, Atlanta Federal Reserve Bank,1938...
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#2
Jorma
- Assistant Professor of Stock Proctology
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- Group: Members
- Posts: 3,275
- Joined: 17-March 02
Posted 01 January 2003 - 09:33 PM
I saw that one too. I'll give them the benefit of the doubt and I'm a liberal. How many people were working on this report made for an occasional sound bite or a blurb in section D page 7, but was just likely to never see the light of day since bad news is routinely ignored.
No doubt this was a consicous decision by someone to bury bad news but in the end don't mean a thing. They harder they try to manage perceptions the worse things become.
No doubt this was a consicous decision by someone to bury bad news but in the end don't mean a thing. They harder they try to manage perceptions the worse things become.
War is the last great hope of the incompetent to order the unwilling to attempt the impossible.
William Eastlake 'The Bamboo Bed'
Totalitarianism calls ideology, philosophy.
Change you can suspend your disbelief in.
Fafnir
William Eastlake 'The Bamboo Bed'
Totalitarianism calls ideology, philosophy.
Change you can suspend your disbelief in.
Fafnir
#3
Hypertiger
- Assistant Professor of Stock Proctology
-
- Group: Banned
- Posts: 3,270
- Joined: 16-July 02
Posted 01 January 2003 - 10:18 PM
Ya, it's not big but it is still a little erosion of reality...
"We are completely dependant on the commercial banks. Someone has to borrow every dollar we have in circulation, cash or credit. If the banks create ample synthetic money (at the request of the consumer) we are prosperous; if not, we starve. We are absolutely without a permanent money system.... It is the most important subject intelligent persons can investigate and reflect upon. It is so important that our present civilization may collapse unless it becomes widely understood and the defects remedied very soon." --Robert H. Hemphill, Atlanta Federal Reserve Bank,1938...
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