Damn interesting?

[charles royer]

The Dutch Tulip Bubble of 1637
The later part of the 20th century saw its share of odd financial bubbles. There was the real-estate bubble, the stock market bubbles, and the dot com bubble, just to name a few. In each instance of price inflation people paid exorbitant amounts for things that shouldn’t have been worth anything like the going price. And each time people stood around afterwards and said “What were we thinking?”

One has to believe that the same thought occurred to the Dutch in the 17th century when they settled down after their bout with tulipomania, wherein the humble tulip bulb began to sell for prices to make New York Realtors blanch.

As much as the tulip is associated with Holland, it is not native there. Rather it was introduced in 1593 by a botanist named Carolus Clusius, who brought it from Constantinople. He planted a small garden, intending to research the plant for medicinal purposes. Had Clusius’s neighbors been morally upright, the tulip might still be a rare exotic in the gardening world. Instead they broke into his garden and stole some of his bulbs in order to make some quick money, and in the process started the Dutch bulb trade
http://www.damninteresting.com/the-dutch-tulip-bubble-of-1637/
Just sayin!

[The Bull]

The very bureaucracy that is there to help the poor has no incentive to lift up those it serves. The more people that receives welfare, the greater the budget the bureaucrats have. Welfare recipients are consuming wealth not creating wealth therefor there will never be enough revenue to allow them to break the shackles of poverty.  When our consumer good are manufactured in countries by people whose income is less than the average welfare check in the United States, there will never be good manufacturing jobs for the poor so we have to decide if cheap Televisions are worth the social damage inflected on our people.

[charles royer]

A Baseball LEGEND Says He Is Coming Straight For Elizabeth Warren!
http://trumpinsurrection.com/archives/3764

[The Bull]

[The Bull]

The key to solving relative poverty is based on the same idea by which absolute poverty in the nation has been virtually eliminated: free enterprise. Yet, ironically, typical programs for the poor overlook this crucial vehicle for upward mobility.

This devastating irony was perhaps best described by Jack Kemp:

America is not divided immutably into two static classes. But it is separated or divided into two economies. One economy—our mainstream economy—is democratic and capitalist, market-oriented and entrepreneurial. It offers incentives for working families in labor and management. This mainstream economy rewards work, investment, saving and productivity. Incentives abound for productive economic and social behavior.…

But there is another economy—a second economy that is similar in respects to the East European or Third World socialist economies. It functions in a fashion opposite to the mainstream capitalist economy. It predominates in the pockets of poverty throughout urban and rural America. This economy has barriers to productive human and social activity and a virtual absence of economic incentives and rewards. It denies black, Hispanic and other minority men and women entry into the mainstream. This economy works almost as effectively as did hiring notices 50 years ago that read “No Blacks—or Hispanics or Irish or whatever—Need Apply.”

The irony is that the second economy was born of desire to help the poor, alleviate suffering, and provide a basic social safety net. The results were a counterproductive economy. Instead of independence, the second economy led to dependence. In an effort to minimize economic pain, it maximized welfare bureaucracy and social costs.[

[The Bull]

The very bureaucracy that is there to help the poor has no incentive to lift up those it serves. The more people that receives welfare, the greater the budget the bureaucrats have. Welfare recipients are consuming wealth not creating wealth therefor there will never be enough revenue to allow them to break the shackles of poverty.  When our consumer good are manufactured in countries by people whose income is less than the average welfare check in the United States, there will never be good manufacturing jobs for the poor so we have to decide if cheap Televisions are worth the social damage inflected on our people.

[jack ludwig]

as I said welfare was not created to help the poor move up the economic later it was a means to satisfy society's guilt. After generation after generation of suppressing a group one would not expect that group to have the tools to climb the economic latter very easily. However, with the adoption of the civil rights bill a short 52 years ago, the black population has made significant strides in getting out of poverty. Take a look at the areas they have excelled. They dominate the sports and entertainment industry and they are slowly out pacing successful new business startups. It may take another 50 or 100 years but I would expect the black population to be on equal grounds in wealth with the white population.

[charles royer]

[jack ludwig]

Charles do you doubt that the black population has made economic progress in the last 50 years?

[jack ludwig]

poverty in America flourished because we were a society that tends to suppress those that appear different or judge less than we are. Welfare was a tool used to satisfy our guilt. If you treat a dog inhumanly for a long enough period the dog will most likely respond in unacceptable ways. The same can be said for humans. Why is the black community acting as they do? It is no surprise to me after 176 years of oppression. It will be the same with the Latino community if we continue following are same patterns. 

[kevin kiernan]

Welfare was the tool used to satisfy the Liberal`s guilt. Conservatives like to help those who want help.

[jack ludwig]

Kevin we all played a part in the history of America democrat and republican share the blame.

[charles royer]

http://www.pewresearch.org/fact-tank/2015/10/07/a-shift-from-german...
176 years of oppression.Jack you are a liberal hard & fast.Why are they still on the bottom while others surpass them?