[Oe List ...] Stimulus package examined

[W. J.]

I hated this right-wing distortion of global economics, but I loved Jon's take on it.
I would add that there are really two global economic pools, and the elite pool is in a lush valley downhill from the economic pool of the 'favelas' clinging to the hillside. And there is a not-too-secret drain that drains the poverty pool into the elite pool.
So, cutting off their water supply is the key to keeping more of the rainfall.

Marshall


--- On Tue, 2/17/09, jonzondo at juno.com <jonzondo at juno.com> wrote:

> From: jonzondo at juno.com <jonzondo at juno.com>
> Subject: Re: [Oe List ...] Stimulus package examined
> To: oe at wedgeblade.net
> Date: Tuesday, February 17, 2009, 1:47 PM
> LOL  how amusing!
> I don't know the details of the stimulus package, but I
> like this story in this sense.
> The pool is where we all live (like a village)
> Water helps all of us to survive.
> In the story, the professor doesn't see how moving the
> water helps anything... but in the HDP's we (the ICA)
> taught how the money spent within the village was more
> powerful than the money spent outside of the village.
> What the professor doesn't show is how the former
> administration did the formula.
> All the "rich people" have a separate pool (that
> we can't see or hold accountable) and they have filled
> their pool up with the water that the rest of us live in and
> with, and that is why our pool of water is so low!
> LOL
> Sometimes moving "water/money" around in the same
> pool is EXACTLY what needs to happen to stimulate growth.
> With all that being said, I have absolutely no idea about
> Obama's stimulus package. But it probably is a good
> beginning to what needs to shift.
> walk in beauty,
> Jon Elizondo
> 
> -- KarenBueno at aol.com wrote:
> 
> <?xml:namespace prefix = o ns =
> "urn:schemas-microsoft-com:office:office" /> My
> colleagues--I received this from one of my right-wing
> friends.  Please help me compose an adequate response.
> Karen Bueno
> 
> Shortly after class, an economics student approaches his
> economics professor and says,
> "I don't understand this stimulus bill. Can you
> explain it to me?"
> The professor replied, "I don't have any time to
> explain it at my office, but if you come over to my house on
> Saturday and help me with my weekend project, I'll be
> glad to explain it to you." The student agreed.
> At the agreed-upon time, the student showed up at the
> professor's house. The professor stated that the weekend
> project involved his backyard pool.
> They both went out back to the pool, and the professor
> handed the student a bucket. Demonstrating with his own
> bucket, the professor said, "First, go over to the deep
> end, and fill your bucket with as much water as you
> can." The student did as he was instructed.
> The professor then continued, "Follow me over to the
> shallow end, and then dump all the water from your bucket
> into it." The student was naturally confused, but did
> as he was told.
> The professor then explained they were going to do this
> many more times, and began walking back to the deep end of
> the pool.
> The confused student asked, "Excuse me, but why are we
> doing this?"
> The professor matter-of-factly stated that he was trying to
> make the shallow end much deeper.
> The student didn't think the economics professor was
> serious, but figured that he would find out the real story
> soon enough.
> However, after the 6th trip between the shallow end and the
> deep end, the student began to become worried that his
> economics professor had gone mad. The student finally
> replied, "All we're doing is wasting valuable time
> and effort on unproductive pursuits. Even worse, when this
> process is all over, everything will be at the same level it
> was before, so all you'll really have accomplished is
> the destruction of what could have been truly productive
> action!"
> The professor put down his bucket and replied with a smile,
> "Congratulations. You now understand the stimulus
> bill."
>  
> 
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